Accumulated Other Comprehensive Loss (Tables)

12 Months Ended

Dec. 31, 2020

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

Schedule Of Accumulated Other Comprehensive Income (Loss)

Accumulated other comprehensive income (loss) included the following at December 31, 2020 and 2019:

	December 31, 2020						December 31, 2019
(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 on securities available for sale	$	102,278	$	23,524	$	78,754	$	7,522	$	1,730	$	5,792
Unrealized gains on securities available for sale transferred from (to) held to maturity	5,399		1,242		4,157		—		—		—
Defined benefit pension items	(91,751)		(21,103)		(70,648)		(172,098)		(39,583)		(132,515)
Total	$	15,926	$	3,663	$	12,263	$	(164,576)	$	(37,853)	$	(126,723)

The following table highlights changes in accumulated other comprehensive income (loss) by component for the years ended December 31, 2020 and 2019:

(Dollars in thousands)	Unrealized gains (losses) on securities available-for-sale(1)		Unrealized gains (losses) on securities available for sale transferred to held to maturity(1)(2)		Defined benefit pension items(1)		Total
Balance at January 1, 2019	$	(38,505)	$	(71,149)	$	(125,533)	$	(235,187)
Net unrealized gains (losses) arising during period	49,776		55,834		(15,438)		90,172
Amounts reclassified from accumulated other comprehensive loss	(5,479)		15,315		8,456		18,292
Net current period other comprehensive income (loss)	44,297		71,149		(6,982)		108,464
Balance at December 31, 2019	5,792		—		(132,515)		(126,723)
Net unrealized gains arising during period	119,357		4,538		42,367		166,262
Amounts reclassified from accumulated other comprehensive loss	(46,395)		(381)		19,500		(27,276)
Net current period other comprehensive income	72,962		4,157		61,867		138,986
Balance at December 31, 2020	$	78,754	$	4,157	$	(70,648)	$	12,263

(1) All amounts are net of tax. Amounts in parentheses indicate debits.

(2) Net unrealized gains (losses) represent unrealized gains and losses related to the reclassification of investment securities between categories. See Note C, Investments, for additional information.

The following table details the amounts recognized in accumulated other comprehensive income at December 31, 2020 and 2019.

(Dollars in thousands)	2020		2019
Net actuarial loss	$	91,751	$	172,098

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 years ended December 31, 2020 and 2019:

(Dollars in thousands)	Year ended December 31, 2020
Details about accumulated other comprehensive income (loss)	Amount reclassified from accumulated other comprehensive income (loss)(1)		Affected line item in the statement where net income is presented
Unrealized gains on available for sale securities	$	60,253	Realized gains on investment securities available for sale, net
	(13,858)		Income taxes
	$	46,395
Amortization of unrealized gains on securities available for sale transferred to held to maturity	$	495	Net interest income
	(114)		Income taxes
	$	381
Amortization of actuarial losses on defined benefit pension items	$	(25,324)	Other noninterest expense
	5,824		Income taxes
	$	(19,500)
Total reclassifications for the period	$	27,276
	Year ended December 31, 2019
Details about accumulated other comprehensive (loss) income	Amount reclassified from accumulated other comprehensive income (loss)(1)		Affected line item in the statement where net income is presented
Unrealized gains on available for sale securities	$	7,115	Realized gains on investment securities available for sale, net
	(1,636)		Income taxes
	$	5,479
Amortization of unrealized losses on securities available for sale transferred to held to maturity	$	(19,889)	Net interest income
	4,574		Income taxes
	$	(15,315)
Amortization of defined benefit pension items
Prior service costs	$	(57)	Salaries and wages
Actuarial losses	(10,924)		Other noninterest expense
	(10,981)		Income before income taxes
	2,525		Income taxes
	$	(8,456)
Total reclassifications for the period	$	(18,292)

(1) Amounts in parentheses indicate debits to profit/loss.