| 12. | Other Comprehensive Income (Loss) |
The changes in accumulated other comprehensive income (loss) by component, net of tax, is as follows:
| Unrealized gains (losses) on securities available for sale |
Postretirement Benefit Plans |
Total | ||||||||||
| (In thousands) | ||||||||||||
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Balance at December 31, 2012 |
$ | 122,629 | $ | (52,659 | ) | $ | 69,970 | |||||
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Other comprehensive income (loss) before reclassifications |
(84,158 | ) | 21,662 | (62,496 | ) | |||||||
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Amounts reclassified from accumulated other comprehensive (loss) income |
(4,527 | ) | 3,389 | (1,138 | ) | |||||||
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Other comprehensive (loss) income |
(88,685 | ) | 25,051 | (63,634 | ) | |||||||
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Balance at December 31, 2013 |
$ | 33,944 | $ | (27,608 | ) | $ | 6,336 | |||||
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Balance at December 31, 2011 |
$ | 89,339 | $ | (49,688 | ) | $ | 39,651 | |||||
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Other comprehensive income (loss) before reclassifications |
33,290 | (6,346 | ) | 26,944 | ||||||||
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Amounts reclassified from accumulated other comprehensive income |
— | 3,375 | 3,375 | |||||||||
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Other comprehensive income |
33,290 | (2,971 | ) | 30,319 | ||||||||
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Balance at December 31, 2012 |
$ | 122,629 | $ | (52,659 | ) | $ | 69,970 | |||||
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The following table presents the reclassification adjustment out of accumulated other comprehensive income (loss) included in net income and the corresponding line item on the consolidated statements of operations for the periods indicated:
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Details about Accumulated Other Comprehensive Income Components |
Amounts Reclassified from Accumulated Other Comprehensive Income |
Line Item in the Statement of Income |
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| For the Years Ended December 31, | ||||||||||||||
| 2013 | 2012 | 2011 | ||||||||||||
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Securities available for sale: |
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Net realized gain on securities available for sale |
$ | 7,653 | $ | — | $ | 102,468 | Gain on securities transaction, net | |||||||
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Income tax expense |
(3,126 | ) | — | (40,526 | ) | Income tax expense | ||||||||
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Net of income tax expense |
4,527 | — | 61,942 | |||||||||||
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Postretirement benefit pension plans: |
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Amortization of prior service cost |
1,207 | 1,207 | 1,219 | (a) | ||||||||||
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Amortization of net actuarial loss |
(6,935 | ) | (6,912 | ) | (5,367 | )(a) | ||||||||
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Total before income tax expense |
(5,728 | ) | (5,705 | ) | (4,148 | ) | ||||||||
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Income tax expense |
2,339 | 2,330 | 1,657 | Income tax expense | ||||||||||
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Net of income tax expense |
(3,389 | ) | (3,375 | ) | (2,491 | ) | ||||||||
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Total reclassifications |
$ | 1,138 | $ | (3,375 | ) | $ | 59,451 | |||||||
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| (a) | These items are included in the computation of net periodic pension cost. See Employee Benefit Plans footnote for additional disclosure. |