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ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME | 9 Months Ended
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Sep. 30, 2020
ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME |
ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME | 13. ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME The following table summarizes the components of other comprehensive income (loss) and related income tax effects: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended | ​ | Nine Months Ended
​ | ​ | September 30, | ​ | September 30, | ​ | September 30, | ​ | September 30,
(In thousands) |  | 2020 |  | 2019 |  | 2020 |  | 2019
Unrealized holding (losses) gains on available for sale securities | ​ | $ | (935) |  | $ | 2,227 | ​ | $ | 9,186 |  | $ | 16,247
Reclassification adjustments for gains realized in income | ​ |  | (3,540) |  |  | — | ​ |  | (3,525) |  |  | (201)
Income tax effect | ​ | ​ | 1,309 | ​ |  | (649) | ​ | ​ | (1,655) | ​ |  | (4,679)
Net change in unrealized (losses) gains on available for sale securities | ​ | ​ | (3,166) | ​ |  | 1,578 | ​ | ​ | 4,006 | ​ |  | 11,367
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Reclassification adjustments for amortization realized in income | ​ | ​ | 136 | ​ |  | 128 | ​ | ​ | 412 | ​ |  | 385
Income tax effect | ​ | ​ | (39) | ​ |  | (37) | ​ | ​ | (120) | ​ |  | (113)
Net change in post-retirement obligation | ​ | ​ | 97 | ​ |  | 91 | ​ | ​ | 292 | ​ |  | 272
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Change in fair value of derivatives used for cash flow hedges | ​ | ​ | 3,364 | ​ |  | (657) | ​ | ​ | (7,709) | ​ |  | (5,360)
Reclassification adjustments for losses (gains) realized in income | ​ | ​ | 992 | ​ |  | (331) | ​ | ​ | 1,058 | ​ |  | (1,353)
Income tax effect | ​ | ​ | (1,274) | ​ |  | 288 | ​ | ​ | 1,945 | ​ |  | 1,958
Net change in unrealized gains (losses) on cash flow hedges | ​ | ​ | 3,082 | ​ |  | (700) | ​ | ​ | (4,706) | ​ |  | (4,755)
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Other comprehensive income (loss) | ​ | $ | 13 |  | $ | 969 | ​ | $ | (408) |  | $ | 6,884
​ The following is a summary of the accumulated other comprehensive loss balances, net of income taxes, at the dates indicated: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | Other | ​ | ​ | ​
​ | ​ | December 31, | ​ | Comprehensive | ​ | ​ | September 30,
(In thousands) |  | 2019 |  | Income |  |  | 2020
Unrealized (losses) gains on available for sale securities | ​ | $ | (829) | ​ | $ | 4,006 | ​ | $ | 3,177
Unrealized (losses) gains on pension benefits | ​ |  | (6,775) | ​ |  | 292 | ​ |  | (6,483)
Unrealized losses on cash flow hedges | ​ |  | (737) | ​ |  | (4,706) | ​ |  | (5,443)
Accumulated other comprehensive loss, net of income taxes | ​ | $ | (8,341) | ​ | $ | (408) | ​ | $ | (8,749)
​ The following represents the reclassifications out of accumulated other comprehensive (loss) income for the three and nine months ended September 30, 2020 and 2019: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended | ​ | Nine Months Ended | ​ | ​ | Affected Line Item
​ | ​ | September 30, | ​ | September 30, | ​ | September 30, | ​ | September 30, | ​ | ​ | in the Consolidated
(In thousands) |  | 2020 |  | 2019 |  | 2020 |  | 2019 |  |  | Statements of Income
Realized gains on sale of available for sale securities | ​ | $ | 3,540 | ​ | $ | — | ​ | $ | 3,525 | ​ | $ | 201 | ​ |  | Net securities gains
Amortization of defined benefit pension plan and defined benefit plan component of the SERP: | ​ | ​ | ​ | ​ |  |  | ​ | ​ |  | ​ |  |  | ​ |  | ​
Prior service credit | ​ | ​ | 20 | ​ |  | 20 | ​ | ​ | 58 | ​ |  | 58 | ​ |  | Other operating expenses
Actuarial losses | ​ | ​ | (156) | ​ |  | (148) | ​ | ​ | (470) | ​ |  | (443) | ​ |  | Other operating expenses
Realized (losses) gains on cash flow hedges | ​ | ​ | (992) | ​ |  | 331 | ​ | ​ | (1,058) | ​ |  | 1,353 | ​ |  | Interest expense
Realized loss on the termination of swaps | ​ | ​ | (3,348) | ​ | ​ | — | ​ | ​ | (3,348) | ​ | ​ | — | ​ | ​ | Loss on termination of swaps
Total reclassifications, before income tax | ​ | $ | (936) | ​ | $ | 203 | ​ | $ | (1,293) | ​ | $ | 1,169 | ​ |  | ​
Income tax benefit (expense) | ​ | ​ | 274 | ​ |  | (59) | ​ | ​ | 378 | ​ |  | (341) | ​ |  | Income tax expense
Total reclassifications, net of income tax | ​ | $ | (662) | ​ | $ | 144 | ​ | $ | (915) | ​ | $ | 828 | ​ |  | ​
​

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- Definition The entire disclosure for comprehensive income, which includes, but is not limited to, 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -URI http://asc.fasb.org/topic&trid=2134417 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(21)) -URI http://asc.fasb.org/extlink&oid=120395209&loc=SL114868664-224227 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04(23)) -URI http://asc.fasb.org/extlink&oid=120399700&loc=SL114874048-224260 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(19)) -URI http://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263 + Details
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