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Accumulated Other Comprehensive Income (Loss)
3 Months Ended
Mar. 31, 2019
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Accumulated Other Comprehensive Loss
ACCUMULATED OTHER COMPREHENSIVE LOSS
Accumulated other comprehensive loss included the following as of March 31, 2019 and December 31, 2018:
 
March 31, 2019
 
December 31, 2018
(Dollars in thousands)
Accumulated
other
comprehensive
loss
 
Deferred
tax benefit
 
Accumulated
other
comprehensive
loss,
net of tax
 
Accumulated
other
comprehensive
loss
 
Deferred
tax benefit
 
Accumulated
other
comprehensive
loss,
net of tax
Unrealized losses on securities available for sale
$
(21,936
)
 
$
(5,046
)
 
$
(16,890
)
 
$
(50,007
)
 
$
(11,502
)
 
$
(38,505
)
Unrealized losses on securities available for sale transferred to held to maturity
(86,439
)
 
(19,881
)
 
(66,558
)
 
(92,401
)
 
(21,252
)
 
(71,149
)
Defined benefit pension items
(160,275
)
 
(36,863
)
 
(123,412
)
 
(163,030
)
 
(37,497
)
 
(125,533
)
Total
$
(268,650
)
 
$
(61,790
)
 
$
(206,860
)
 
$
(305,438
)
 
$
(70,251
)
 
$
(235,187
)

The following table highlights changes in accumulated other comprehensive (loss) income by component for the three months ended March 31, 2019 and March 31, 2018:
 
Three months ended March 31, 2019
(Dollars in thousands)
Unrealized (losses) gains on securities available for sale(1)
 
Unrealized losses on securities available for sale transferred to held to maturity(1)
 
Defined benefit pension items(1)
 
Total
Beginning balance
$
(38,505
)
 
$
(71,149
)
 
$
(125,533
)
 
$
(235,187
)
Cumulative effect adjustments

 

 

 

Net unrealized gains arising during period
21,615

 

 

 
21,615

Amounts reclassified from accumulated other comprehensive loss

 
4,591

 
2,121

 
6,712

Net current period other comprehensive income
21,615

 
4,591

 
2,121

 
28,327

Ending balance
$
(16,890
)
 
$
(66,558
)
 
$
(123,412
)
 
$
(206,860
)
 
 
 
 
 
 
 
 
 
Three months ended March 31, 2018
 
Unrealized (losses) gains on securities available for sale(1)
 
Unrealized losses on securities available for sale transferred to held to maturity(1)
 
Defined benefit pension items(1)
 
Total
Beginning balance
$
(30,945
)
 
$

 
$
(91,349
)
 
$
(122,294
)
Cumulative effect adjustments
(29,751
)
 

 
(20,300
)
 
(50,051
)
Net unrealized (losses) arising during period
(60,547
)
 

 

 
(60,547
)
Amounts reclassified from accumulated other comprehensive loss

 

 
2,569

 
2,569

Net current period other comprehensive (loss) income
(60,547
)
 

 
2,569

 
(57,978
)
Ending balance
$
(121,243
)
 
$

 
$
(109,080
)
 
$
(230,323
)
(1) All amounts are net of tax. Amounts in parentheses indicate debits.
The following table presents the amounts reclassified from accumulated other comprehensive (loss) income and the line item affected in the statement where net income is presented for the three months ended March 31, 2019 and March 31, 2018.
 
 
Three months ended March 31, 2019
(Dollars in thousands)

         Details about accumulated other comprehensive (loss) income
 
Amounts reclassified from accumulated other comprehensive (loss) income(1)
 
Affected line item in the statement where net income is presented
Amortization of unrealized losses on securities available for sale transferred to held to maturity
 
$
(5,962
)
 
Net interest income
 
 
1,371

 
Income taxes
 
 
$
(4,591
)
 
Net Income
Amortization of defined benefit pension items
 
 
 
 
     Prior service costs
 
$
(14
)
 
Salaries and wages
     Actuarial losses
 
(2,741
)
 
Other
 
 
(2,755
)
 
Income before income taxes
 
 
634

 
Income taxes
 
 
$
(2,121
)
 
Net income
Total reclassifications for the period
 
$
(6,712
)
 
 
 
 
 
 
 
 
 
Three months ended March 31, 2018
Details about accumulated other comprehensive (loss) income
 
Amounts reclassified from accumulated other comprehensive (loss) income(1)

 
Affected line item in the statement where net income is presented
Amortization of defined benefit pension items
 
 
 
 
     Prior service costs
 
$
(20
)
 
Salaries and wages
     Actuarial losses
 
(3,317
)
 
Other
 
 
(3,337
)
 
Income before income taxes
 
 
768

 
Income taxes
 
 
$
(2,569
)
 
Net income
Total reclassifications for the period
 
$
(2,569
)
 
 
(1) Amounts in parentheses indicate debits to profit/loss.