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Accumulated Other Comprehensive Income (Loss) (Tables)
6 Months Ended
Jun. 30, 2019
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Schedule Of Accumulated Other Comprehensive Income (Loss)
Accumulated other comprehensive income (loss) included the following as of June 30, 2019 and December 31, 2018:
 
June 30, 2019
 
December 31, 2018
(Dollars in thousands)
Accumulated
other
comprehensive
income (loss)
 
Deferred
tax
expense
(benefit)
 
Accumulated
other
comprehensive
income (loss),
net of tax
 
Accumulated
other
comprehensive
income (loss)
 
Deferred
tax
expense
(benefit)
 
Accumulated
other
comprehensive
income (loss),
net of tax
Unrealized gains (losses) on securities available for sale
$
3,316

 
$
762

 
$
2,554

 
$
(50,007
)
 
$
(11,502
)
 
$
(38,505
)
Unrealized losses on securities available for sale transferred to held to maturity
(80,492
)
 
(18,513
)
 
(61,979
)
 
(92,401
)
 
(21,252
)
 
(71,149
)
Defined benefit pension items
(157,540
)
 
(36,234
)
 
(121,306
)
 
(163,030
)
 
(37,497
)
 
(125,533
)
Total
$
(234,716
)
 
$
(53,985
)
 
$
(180,731
)
 
$
(305,438
)
 
$
(70,251
)
 
$
(235,187
)
The following table highlights changes in accumulated other comprehensive income (loss) by component for the three and six months ended June 30, 2019 and June 30, 2018:
 
Three months ended June 30, 2019
(Dollars in thousands)
Unrealized gains (losses) 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
$
(16,890
)
 
$
(66,558
)
 
$
(123,412
)
 
$
(206,860
)
Net unrealized gains arising during period
23,848

 

 

 
23,848

Amounts reclassified from accumulated other comprehensive loss
(4,404
)
 
4,579

 
2,106

 
2,281

Net current period other comprehensive income
19,444

 
4,579

 
2,106

 
26,129

Ending balance
$
2,554

 
$
(61,979
)
 
$
(121,306
)
 
$
(180,731
)
 
 
 
 
 
 
 
 
 
Three months ended June 30, 2018
(Dollars in thousands)
Unrealized gains (losses) 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
$
(121,243
)
 
$

 
$
(109,080
)
 
$
(230,323
)
Net unrealized gains (losses) arising during period
63,747

 
(84,321
)
 

 
(20,574
)
Amounts reclassified from accumulated other comprehensive loss

 
3,445

 
2,814

 
6,259

Net current period other comprehensive income (loss)
63,747

 
(80,876
)
 
2,814

 
(14,315
)
Ending balance
$
(57,496
)
 
$
(80,876
)
 
$
(106,266
)
 
$
(244,638
)
 
 
 
 
 
 
 
 
 
Six months ended June 30, 2019
(Dollars in thousands)
Unrealized gains (losses) 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
)
Net unrealized gains arising during period
45,463

 

 

 
45,463

Amounts reclassified from accumulated other comprehensive loss
(4,404
)
 
9,170

 
4,227

 
8,993

Net current period other comprehensive income
41,059

 
9,170

 
4,227

 
54,456

Ending balance
$
2,554

 
$
(61,979
)
 
$
(121,306
)
 
$
(180,731
)
 
 
 
 
 
 
 
 
 
Six months ended June 30, 2018
(Dollars in thousands)
Unrealized gains (losses) 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
)
Adjusted beginning balance
(60,696
)
 

 
(111,649
)
 
(172,345
)
Net unrealized gains (losses) arising during period
3,200

 
(84,321
)
 

 
(81,121
)
Amounts reclassified from accumulated other comprehensive loss

 
3,445

 
5,383

 
8,828

Net current period other comprehensive income (loss)
3,200

 
(80,876
)
 
5,383

 
(72,293
)
Ending balance
$
(57,496
)
 
$
(80,876
)
 
$
(106,266
)
 
$
(244,638
)
(1) All amounts are net of tax.
Reclassification out of Accumulated Other Comprehensive Income
The following table presents the amounts reclassified from accumulated other comprehensive income (loss) and the line item affected in the statement where net income is presented for the three and six months ended June 30, 2019 and June 30, 2018:
 
 
Three months ended June 30, 2019
(Dollars in thousands)

         Details about accumulated other comprehensive income (loss)
 
Amounts reclassified from accumulated other comprehensive income (loss)(1)
 
Affected line item in the statement where net income is presented
Unrealized gains on securities available for sale
 
$
5,719

 
Securities gains, net
 
 
(1,315
)
 
Income taxes
 
 
$
4,404

 
Net income
 
 
 
 
 
Amortization of unrealized losses on securities available for sale transferred to held to maturity
 
$
(5,947
)
 
Net interest income
 
 
1,368

 
Income taxes
 
 
$
(4,579
)
 
Net Income
 
 
 
 
 
Amortization of defined benefit pension items
 
 
 
 
     Prior service costs
 
$
(14
)
 
Salaries and wages
     Actuarial losses
 
(2,721
)
 
Other
 
 
(2,735
)
 
Income before income taxes
 
 
629

 
Income taxes
 
 
$
(2,106
)
 
Net income
Total reclassifications for the period
 
$
(2,281
)
 
 
 
 
 
 
 
 
 
Three months ended June 30, 2018
Details about accumulated other comprehensive income (loss)
 
Amounts reclassified from accumulated other comprehensive income (loss)(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
 
$
(4,473
)
 
Net interest income
 
 
1,028

 
Income taxes
 
 
$
(3,445
)
 
Net Income
 
 
 
 
 
Amortization of defined benefit pension items
 
 
 
 
     Prior service costs
 
$
(20
)
 
Salaries and wages
     Actuarial losses
 
(3,634
)
 
Other
 
 
(3,654
)
 
Income before income taxes
 
 
840

 
Income taxes
 
 
$
(2,814
)
 
Net income
Total reclassifications for the period
 
$
(6,259
)
 
 
(1) Amounts in parentheses indicate debits to profit/loss.
 
 
 
 
 
 
Six months ended June 30, 2019
Details about accumulated other comprehensive income (loss)
 
Amounts reclassified from accumulated other comprehensive income (loss)(1)
 
Affected line item in the statement where net income is presented
Unrealized gains on securities available for sale
 
$
5,719

 
Securities gains, net
 
 
(1,315
)
 
Income taxes
 
 
$
4,404

 
Net income
 
 
 
 
 
Amortization of unrealized losses on securities available for sale transferred to held to maturity
 
$
(11,909
)
 
Net interest income
 
 
2,739

 
Income taxes
 
 
$
(9,170
)
 
Net income
 
 
 
 
 
Amortization of defined benefit pension items
 
 
 
 
     Prior service costs
 
$
(28
)
 
Salaries and wages
     Actuarial losses
 
(5,462
)
 
Other
 
 
(5,490
)
 
Income before income taxes
 
 
1,263

 
Income taxes
 
 
$
(4,227
)
 
Net income
Total reclassifications for the period
 
$
(8,993
)
 
 
 
 
 
 
 
 
 
Six months ended June 30, 2018
Details about accumulated other comprehensive income (loss)
 
Amounts reclassified from accumulated other comprehensive income (loss)(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
 
$
(4,473
)
 
Net interest income
 
 
1,028

 
Income taxes
 
 
$
(3,445
)
 
Net income
 
 
 
 
 
Amortization of defined benefit pension items
 
 
 
 
     Prior service costs
 
$
(40
)
 
Salaries and wages
     Actuarial losses
 
(6,951
)
 
Other
 
 
(6,991
)
 
Income before income taxes
 
 
1,608

 
Income taxes
 
 
$
(5,383
)
 
Net income
Total reclassifications for the period
 
$
(8,828
)
 
 
(1) Amounts in parentheses indicate debits to profit/loss.