XML 61 R50.htm IDEA: XBRL DOCUMENT v3.20.2

Accumulated Other Comprehensive Income (Tables)

6 Months Ended

Jun. 30, 2020

Accumulated Other Comprehensive Income [Abstract]

Schedule of Accumulated Other Comprehensive Income (Loss)

	June 30,			December 31,
	2020			2019
	(In thousands)
Unrealized loss on securities available-for-sale which are not other-than-temporarily impaired	$	10,254		$	(306)
Income tax effect of unrealized loss on securities available-for-sale		(1,369)			(135)
Net unrealized gain on securities available-for-sale which are not other-than-temporarily impaired		8,885			(441)
Unrealized (loss) gain on cash flow hedges		(2,076)			(907)
Income tax effect of unrealized (loss) gain on cash flow hedges		779			340
Net unrealized (loss) gain on cash flow hedges		(1,297)			(567)
Accumulated other comprehensive (loss), net of income taxes	$	7,588		$	(1,008)

	Quarter Ended June 30,
	2020									2019
	Net unrealized			Net unrealized			Accumulated			Net unrealized			Net unrealized			Accumulated
	gains on			loss on			other			gains on			loss on			other
	securities			cash flow			comprehensive			securities			cash flow			comprehensive
	available-for-sale			hedges			(loss) income			available-for-sale			hedges			(loss) income
	(In thousands)
Beginning balance	$	7,575		$	(1,285)		$	6,290		$	(7,841)		$	(206)		$	(8,047)
Other comprehensive income (loss) before reclassifications		1,310			(517)			793			(10)			(952)			(962)
Amounts reclassified out of accumulated other comprehensive income (loss)		-			505			505			4,764			559			5,323
Other comprehensive income (loss)		1,310			(12)			1,298			4,754			(393)			4,361
Ending balance	$	8,885		$	(1,297)		$	7,588		$	(3,087)		$	(599)		$	(3,686)
	Six-Month Period Ended June 30,
	2020									2019
	Net unrealized			Net unrealized			Accumulated			Net unrealized			Net unrealized			Accumulated
	gains on			loss on			other			gains on			loss on			other
	securities			cash flow			comprehensive			securities			cash flow			comprehensive
	available-for-sale			hedges			(loss) income			available-for-sale			hedges			(loss) income
	(In thousands)
Beginning balance	$	(441)		$	(567)		$	(1,008)		$	(10,972)		$	9		$	(10,963)
Transfer of securities held-to-maturity to available-for-sale		-			-			-			(12,041)			-			(12,041)
Other comprehensive income (loss) before reclassifications		4,598			(1,775)			2,823			15,178			(1,384)			13,794
Amounts reclassified out of accumulated other comprehensive (loss) income		4,728			1,045			5,773			4,748			776			5,524
Other comprehensive income (loss)		9,326			(730)			8,596			7,885			(608)			7,277
Ending balance	$	8,885		$	(1,297)		$	7,588		$	(3,087)		$	(599)		$	(3,686)

Reclassifications Out of Other Comprehensive Income

	Amount reclassified out of accumulated other comprehensive income					Affected Line Item in Consolidated Statement of Operations
							Quarter Ended June 30,
		2020			2019
	(In thousands)
Cash flow hedges:
Interest-rate contracts	$	505		$	559	Net interest expense
Available-for-sale securities:
Gain on sale of investments		-			4,776	Net gain on sale of securities
Tax effect from changes in tax rates		-			(13)	Income tax expense
	$	505		$	5,322
	Amount reclassified out of accumulated other comprehensive income					Affected Line Item in Consolidated Statement of Operations
							Six-Month Period Ended June 30,
		2020			2019
	(In thousands)
Cash flow hedges:
Interest-rate contracts	$	1,045		$	776	Net interest expense
Available-for-sale securities:
Gain on sale of investments		4,728			4,776	Net gain on sale of securities
Tax effect from changes in tax rates		-			(29)	Income tax expense
	$	5,773		$	5,523

X

- References

No definition available.

+ Details

Name:	us-gaap_OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecreaseAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of information about items reclassified out of accumulated other comprehensive income (loss).

+ References

No definition available.

+ Details

Name:	us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the components of accumulated other comprehensive income (loss).

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 14A
-URI http://asc.fasb.org/extlink&oid=118930883&loc=SL7669686-108580

+ Details

Name:	us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration