Rendering

Component: (Network and Table)
Network
2321301 - Disclosure - ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)
(http://www.centralpacificbank.com/role/AccumulatedOtherComprehensiveIncomeLossTables)
Table(Implied)
Slicers (applies to each fact value in each table cell)
Reporting Entity [Axis]0000701347 (http://www.sec.gov/CIK)
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]Period [Axis]
2016-01-01 - 2016-12-31
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
 
Schedule of components of other comprehensive income (loss)
The following table presents the components of other comprehensive income (loss) for the years ended December 31, 2016, 2015 and 2014, by component:

 
Before Tax
 
Tax Effect
 
Net of Tax
 
(Dollars in thousands)
Year ended December 31, 2016
 

 
 

 
 

Net unrealized losses on investment securities:
 

 
 

 
 

Net unrealized losses arising during the period
$
(7,397
)
 
$
(2,945
)
 
$
(4,452
)
Less: Reclassification adjustment for losses realized in net income
—

 
—

 
—

Net unrealized losses on investment securities
(7,397
)
 
(2,945
)
 
(4,452
)
 
 
 
 
 
 
Defined benefit plans:
 

 
 

 
 

Net actuarial losses arising during the period
(963
)
 
(385
)
 
(578
)
Amortization of net actuarial losses
1,599

 
634

 
965

Amortization of net transition obligation
17

 
6

 
11

Amortization of prior service cost
18

 
7

 
11

Settlement
3,847

 
1,528

 
2,319

Defined benefit plans, net
4,518

 
1,790

 
2,728

 
 
 
 
 
 
Other comprehensive income
$
(2,879
)
 
$
(1,155
)
 
$
(1,724
)
 
Before Tax
 
Tax Effect
 
Net of Tax
 
(Dollars in thousands)
Year ended December 31, 2014
 

 
 

 
 

Net unrealized gains on investment securities:
 

 
 

 
 

Net unrealized gains arising during the period
$
36,780

 
$
14,714

 
$
22,066

Less: Reclassification adjustment for gains realized in net income
1,071

 
426

 
645

Net unrealized gains on investment securities
37,851

 
15,140

 
22,711

 
 
 
 
 
 
Defined benefit plans:
 

 
 

 
 

Net actuarial losses arising during the period
(7,409
)
 
(3,052
)
 
(4,357
)
Amortization of net actuarial losses
1,070

 
441

 
629

Amortization of net transition obligation
17

 
7

 
10

Amortization of prior service cost
18

 
7

 
11

Defined benefit plans, net
(6,304
)
 
(2,597
)
 
(3,707
)
 
 
 
 
 
 
Other comprehensive loss
$
31,547

 
$
12,543

 
$
19,004

 
Before Tax
 
Tax Effect
 
Net of Tax
 
(Dollars in thousands)
Year ended December 31, 2015
 

 
 

 
 

Net unrealized losses on investment securities:
 

 
 

 
 

Net unrealized losses arising during the period
$
(9,184
)
 
$
(3,655
)
 
$
(5,529
)
Less: Reclassification adjustment for losses realized in net income
1,866

 
742

 
1,124

Net unrealized losses on investment securities
(7,318
)
 
(2,913
)
 
(4,405
)
 
 
 
 
 
 
Defined benefit plans:
 

 
 

 
 

Net actuarial gains arising during the period
687

 
274

 
413

Amortization of net actuarial losses
1,688

 
672

 
1,016

Amortization of net transition obligation
16

 
7

 
9

Amortization of prior service cost
18

 
7

 
11

Defined benefit plans, net
2,409

 
960

 
1,449

 
 
 
 
 
 
Other comprehensive income
$
(4,909
)
 
$
(1,953
)
 
$
(2,956
)
  
Schedule of changes in each component of AOCI, net of tax
The following table presents the changes in each component of AOCI, net of tax, for the years ended December 31, 2016, 2015 and 2014:
 
 
Investment
Securities
 
Defined
Benefit
Plans
 
Accumulated
Other
Comprehensive
Income (Loss)
 
(Dollars in thousands)
Year ended December 31, 2016
 

 
 

 
 

Balance at beginning of period
$
9,181

 
$
(8,978
)
 
$
203

 
 
 
 
 
 
Other comprehensive income (loss) before reclassifications
(4,452
)
 
(578
)
 
(5,030
)
Amounts reclassified from AOCI
—

 
3,306

 
3,306

Total other comprehensive income (loss)
(4,452
)
 
2,728

 
(1,724
)
Balance at end of period
$
4,729

 
$
(6,250
)
 
$
(1,521
)
 
Investment
Securities
 
Defined
Benefit
Plans
 
Accumulated
Other
Comprehensive
Income (Loss)
 
(Dollars in thousands)
Year ended December 31, 2015
 

 
 

 
 

Balance at beginning of period
$
13,586

 
$
(10,427
)
 
$
3,159

 
 
 
 
 
 
Other comprehensive income (loss) before reclassifications
(5,529
)
 
413

 
(5,116
)
Amounts reclassified from AOCI
1,124

 
1,036

 
2,160

Total other comprehensive income (loss)
(4,405
)
 
1,449

 
(2,956
)
Balance at end of period
$
9,181

 
$
(8,978
)
 
$
203

 
Investment
Securities
 
Defined
Benefit
Plans
 
Accumulated
Other
Comprehensive
Income (Loss)
 
(Dollars in thousands)
Year ended December 31, 2014
 

 
 

 
 

Balance at beginning of period
$
(9,125
)
 
$
(6,720
)
 
$
(15,845
)
 
 
 
 
 
 
Other comprehensive income (loss) before reclassifications
22,066

 
(4,357
)
 
17,709

Amounts reclassified from AOCI
645

 
650

 
1,295

Total other comprehensive loss
22,711

 
(3,707
)
 
19,004

Balance at end of period
$
13,586

 
$
(10,427
)
 
$
3,159

  
Schedule of amounts reclassified out of each component of AOCI
The following table presents the amounts reclassified out of each component of AOCI for the years ended December 31, 2016, 2015 and 2014:
 
 
Amount Reclassified from AOCI
 
Affected Line Item in the
Details about AOCI Components (Dollars in Thousands)
Year ended December 31,
 
 Statement Where Net
2016
 
2015
 
2014
 
Income is Presented
 
 
 
 
 
 
 
 
Sale of investment securities available for sale
$
—

 
$
(1,866
)
 
$
(1,071
)
 
Investment securities gains (losses)
 
—

 
742

 
426

 
Tax benefit
 
$
—

 
$
(1,124
)
 
$
(645
)
 
Net of tax
 
 
 
 
 
 
 
 
Defined benefit plan items:
 

 
 

 
 

 
 
Amortization of net actuarial losses
$
(1,599
)
 
$
(1,688
)
 
$
(1,070
)
 
(1)
Amortization of net transition obligation
(17
)
 
(16
)
 
(17
)
 
(1)
Amortization of prior service cost
(18
)
 
(18
)
 
(18
)
 
(1)
Settlement
(3,847
)
 
—

 
—

 
(1)
 
(5,481
)
 
(1,722
)
 
(1,105
)
 
Total before tax
 
2,175

 
686

 
455

 
Tax benefit
 
$
(3,306
)
 
$
(1,036
)
 
$
(650
)
 
Net of tax
 
 
 
 
 
 
 
 
Total reclassifications for the period
$
(3,306
)
 
$
(2,160
)
 
$
(1,295
)
 
Net of tax