Other Comprehensive Income (Loss)

12 Months Ended

Dec. 31, 2011

Other Comprehensive Income (Loss) [Abstract]

Other Comprehensive Income (Loss)

15. Other Comprehensive Income (Loss)

Other comprehensive income (loss) components and related taxes are shown in the following table for the years ended December 31, 2011, 2010 and 2009.

Year ended December 31, (In thousands)	Before-Tax Amount			Tax Effect			Net-of-Tax Amount
2011:
Unrealized gains on available-for-sale securities	$	25,063		$	8,772		$	16,291
Reclassification adjustment for gains realized in net income		(28,829	)		(10,090	)		(18,739	)
Unrealized net holding gain on cash flow hedge		788			276			512
Changes in pension plan assets and benefit obligations recognized in other comprehensive income		(7,734	)		(2,707	)		(5,027	)
Other comprehensive loss	$	(10,712	)	$	(3,749	)	$	(6,963	)
2010:
Unrealized losses on available-for-sale securities	$	(11,218	)	$	(3,926	)	$	(7,292	)
Reclassification adjustment for gains realized in net income		(11,864	)		(4,152	)		(7,712	)
Unrealized net holding loss on cash flow hedge		(151	)		(53	)		(98	)
Changes in pension plan assets and benefit obligations recognized in other comprehensive income		(3,734	)		(1,307	)		(2,427	)
Other comprehensive loss	$	(26,967	)	$	(9,438	)	$	(17,529	)
2009:
Unrealized gains on available-for-sale securities	$	5,012		$	1,754		$	3,258
Reclassification adjustment for gains realized in net income		(7,340	)		(2,569	)		(4,771	)
Unrealized net holding gain on cash flow hedge		454			159			295
Changes in pension plan assets and benefit obligations recognized in other comprehensive income		9,666			3,383			6,283
Other comprehensive income	$	7,792		$	2,727		$	5,065

The ending balance of each component of accumulated other comprehensive income (loss) was as follows as of December 31:

(In thousands)	2011			2010
Pension benefit adjustments	$	(20,954	)	$	(15,927	)
Unrealized net holding loss on cash flow hedge		(550	)		(1,062	)
Unrealized net holding gains on AFS securities		12,673			15,121
Total accumulated other comprehensive income (loss)	$	(8,831	)	$	(1,868	)