Huntington National Bank 2015 Annual Report Download - page 160

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152
11. OTHER COMPREHENSIVE INCOME
The components of Huntington’s OCI in the three years ended December 31, 2015, 2014, and 2013, were as follows:
2015
Tax (expense)
(dollar amounts in thousands) Pretax Benefit After-tax
Noncredit-related impairment recoveries (losses) on debt securities not expected to be sold $ 19,606 $ (6,933) $ 12,673
Unrealized holding gains (losses) on available-for-sale debt securities arising during the period (26,021) 9,108 (16,913)
Less: Reclassification adjustment for net losses (gains) included in net income (3,901) 1,365 (2,536)
Net change in unrealized holding gains (losses) on available-for-sale debt securities (10,316) 3,540 (6,776)
Net change in unrealized holding gains (losses) on available-for-sale equity securities (474) 166 (308)
Unrealized gains (losses) on derivatives used in cash flow hedging relationships arising during
the period 12,966 (4,538) 8,428
Less: Reclassification adjustment for net (gains) losses included in net income (220) 77 (143)
Net change in unrealized gains (losses) on derivatives used in cash flow hedging relationships 12,746 (4,461) 8,285
Net change in pension and other post-retirement obligations (7,795) 2,728 (5,067)
Total other comprehensive income (loss) $ (5,839) $ 1,973 $ (3,866)
2014
Tax (expense)
(dollar amounts in thousands) Pretax Benefit After-tax
Noncredit-related impairment recoveries (losses) on debt securities not expected to be sold $ 13,583 $ (4,803) $ 8,780
Unrealized holding gains (losses) on available-for-sale debt securities arising during the period 86,618 (30,914) 55,704
Less: Reclassification adjustment for net losses (gains) included in net income (15,559) 5,446 (10,113)
Net change in unrealized holding gains (losses) on available-for-sale debt securities 84,642 (30,271) 54,371
Net change in unrealized holding gains (losses) on available-for-sale equity securities 295 (103) 192
Unrealized gains (losses) on derivatives used in cash flow hedging relationships arising during
the period 14,141 (4,949) 9,192
Less: Reclassification adjustment for net (gains) losses included in net income (3,971) 1,390 (2,581)
Net change in unrealized gains (losses) on derivatives used in cash flow hedging relationships 10,170 (3,559) 6,611
Net change in pension and other post-retirement obligations (106,857) 37,400 (69,457)
Total other comprehensive income (loss) $ (11,750) $ 3,467 $ (8,283)
2013
Tax (expense)
(dollar amounts in thousands) Pretax Benefit After-tax
Noncredit-related impairment recoveries (losses) on debt securities not expected to be sold $ 235 $ (82) $ 153
Unrealized holding gains (losses) on available-for-sale debt securities arising during the period (125,919) 44,191 (81,728)
Less: Reclassification adjustment for net gains (losses) included in net income 6,211 (2,174) 4,037
Net change in unrealized holding gains (losses) on available-for-sale debt securities (119,473) 41,935 (77,538)
Net change in unrealized holding gains (losses) on available-for-sale equity securities 151 (53) 98
Unrealized gains and losses on derivatives used in cash flow hedging relationships arising
during the period (86,240) 30,184 (56,056)
Less: Reclassification adjustment for net losses (gains) losses included in net income (15,188) 5,316 (9,872)
Net change in unrealized gains (losses) on derivatives used in cash flow hedging relationships (101,428) 35,500 (65,928)
Re-measurement obligation 136,452 (47,758) 88,694
Defined benefit pension items (13,106) 4,588 (8,518)
Net change in pension and post-retirement obligations 123,346 (43,170) 80,176
Total other comprehensive income (loss) $ (97,404) $ 34,212 $ (63,192)
Activity in accumulated OCI for the two years ended December 31, were as follows: