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CAPITAL RATIOS AND SHAREHOLDERS' EQUITY (Tables) | 3 Months Ended
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Mar. 31, 2021
Stockholders' Equity Note [Abstract] |
Schedule of Actual and Required Capital Ratios | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | ​ |  | Regulatory |  | ​ |  | Regulatory |
​ | ​ | March 31, | ​ | Minimum to be | ​ | December 31, | ​ | Minimum to be |
​ | ​ | 2021 | ​ | "Well-Capitalized" | ​ | 2020 | ​ | "Well-Capitalized" |
Company (consolidated) |  |  |  |  |  |  |  |  | ​
Total capital to risk-weighted assets |  | 13.83 | % | 10.50 | % | 13.56 | % | 10.50 | %
Common equity tier 1 capital to risk-weighted assets |  | 10.55 |  | 7.00 |  | 10.49 |  | 7.00 | ​
Tier 1 capital to risk-weighted assets |  | 11.34 |  | 8.50 |  | 11.28 |  | 8.50 | ​
Tier 1 capital to average assets |  | 8.27 |  | 5.00 |  | 8.12 |  | 5.00 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Bank |  |  |  |  |  |  |  |  | ​
Total capital to risk-weighted assets |  | 13.62 | % | 10.50 | % | 13.27 | % | 10.50 | %
Common equity tier 1 capital to risk-weighted assets |  | 12.66 |  | 7.00 |  | 12.52 |  | 7.00 | ​
Tier 1 capital to risk-weighted assets |  | 12.66 |  | 8.50 |  | 12.52 |  | 8.50 | ​
Tier 1 capital to average assets |  | 9.23 |  | 5.00 |  | 9.02 |  | 5.00 | ​
Schedule of Components of Accumulated Other Comprehensive Income | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
(in thousands) |  | March 31, 2021 |  | December 31, 2020
Accumulated other comprehensive income, before tax: |  | ​ |  |  | ​ |
Net unrealized gain on AFS securities | ​ | $ | 5,884 | ​ | $ | 13,069
Net unrealized gain on hedging derivatives | ​ |  | 485 | ​ |  | 3,144
Net unrealized loss on post-retirement plans | ​ |  | (1,850) | ​ |  | (1,850)
​ | ​ | ​ | ​ | ​ | ​ | ​
Income taxes related to items of accumulated other comprehensive income: | ​ |  |  | ​ |  |
Net unrealized gain on AFS securities | ​ |  | (1,374) | ​ |  | (3,046)
Net unrealized gain on hedging derivatives | ​ |  | (113) | ​ |  | (733)
Net unrealized loss on post-retirement plans | ​ |  | 432 | ​ |  | 432
Accumulated other comprehensive income | ​ | $ | 3,464 | ​ | $ | 11,016
Schedule of Components of Other Comprehensive Income (Loss) | The following table presents the components of other comprehensive income (loss) for the three months ended March 31, 2021 and 2020: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
(in thousands) |  | Before Tax |  | Tax Effect |  | Net of Tax
Three Months Ended March 31, 2021 |  | ​ |  |  | ​ |  |  | ​ |
Net unrealized loss on AFS securities: |  | ​ |  |  | ​ |  |  | ​ |
Net unrealized loss arising during the period | ​ | $ | (7,185) | ​ | $ | 1,672 | ​ | $ | (5,513)
Less: reclassification adjustment for gains (losses) realized in net income | ​ |  | — | ​ |  | — | ​ |  | —
Net unrealized loss on AFS securities | ​ |  | (7,185) | ​ |  | 1,672 | ​ |  | (5,513)
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net unrealized gain on hedging derivatives: | ​ |  |  | ​ |  |  | ​ |  | ​
Net unrealized loss arising during the period | ​ |  | (2,659) | ​ |  | 620 | ​ |  | (2,039)
Less: reclassification adjustment for gains (losses) realized in net income | ​ |  | — | ​ |  | — | ​ |  | —
Net unrealized loss on cash flow hedging derivatives | ​ |  | (2,659) | ​ |  | 620 | ​ |  | (2,039)
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net unrealized loss on post-retirement plans: | ​ |  |  | ​ |  |  | ​ |  | ​
Net unrealized loss arising during the period | ​ |  | — | ​ |  | — | ​ |  | —
Less: reclassification adjustment for gains (losses) realized in net income | ​ |  | — | ​ |  | — | ​ |  | —
Net unrealized loss on post-retirement plans | ​ |  | — | ​ |  | — | ​ |  | —
Other comprehensive loss | ​ | $ | (9,844) | ​ | $ | 2,292 | ​ | $ | (7,552)
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Three Months Ended March 31, 2020 | ​ |  |  | ​ |  |  | ​ |  |
Net unrealized gain on AFS securities: | ​ |  |  | ​ |  |  | ​ |  |
Net unrealized gain arising during the period | ​ | $ | 5,492 | ​ | $ | (1,378) | ​ | $ | 4,114
Less: reclassification adjustment for gains (losses) realized in net income | ​ |  | 135 | ​ |  | (32) | ​ |  | 103
Net unrealized gain on AFS securities | ​ |  | 5,357 | ​ |  | (1,346) | ​ |  | 4,011
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net unrealized loss on derivative hedgess: | ​ |  |  | ​ |  |  | ​ |  | ​
Net unrealized loss arising during the period | ​ |  | (2,382) | ​ |  | 650 | ​ |  | (1,732)
Less: reclassification adjustment for gains (losses) realized in net income | ​ |  | — | ​ |  | — | ​ |  | —
Net unrealized loss on cash flow derivative hedges | ​ |  | (2,382) | ​ |  | 650 | ​ |  | (1,732)
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net unrealized loss on post-retirement plans: | ​ |  |  | ​ |  |  | ​ |  | ​
Net unrealized loss arising during the period | ​ |  | — | ​ |  | — | ​ |  | —
Less: reclassification adjustment for gains (losses) realized in net income | ​ |  | — | ​ |  | — | ​ |  | —
Net unrealized loss on post-retirement plans | ​ |  | — | ​ |  | — | ​ |  | —
Other comprehensive income | ​ | $ | 2,975 | ​ | $ | (696) | ​ | $ | 2,279
​
Schedule of Changes in Components of Accumulated Other Comprehensive Income (Loss) | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Net unrealized |  | Net loss on |  | Net unrealized |  | ​ | ​
​ | ​ | gain | ​ | effective cash | ​ | loss | ​ | ​ | ​
​ | ​ | on AFS | ​ | flow hedging | ​ | on pension | ​ | ​ | ​
(in thousands) | ​ | Securities | ​ | derivatives | ​ | plans | ​ | Total
Three Months Ended March 31, 2021 | ​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​ |  | ​
Balance at beginning of period | ​ | $ | 10,021 | ​ | $ | 2,413 | ​ | $ | (1,418) | ​ | $ | 11,016
Other comprehensive loss before reclassifications | ​ |  | (5,513) | ​ |  | (2,039) | ​ |  | — | ​ |  | (7,552)
Less: amounts reclassified from accumulated other comprehensive income | ​ |  | — | ​ |  | — | ​ |  | — | ​ |  | —
Total other comprehensive loss | ​ |  | (5,513) | ​ |  | (2,039) | ​ |  | — | ​ |  | (7,552)
Balance at end of period | ​ | $ | 4,508 | ​ | $ | 374 | ​ | $ | (1,418) | ​ | $ | 3,464
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Three Months Ended March 31, 2020 | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  | ​
Balance at beginning of period | ​ | $ | 5,549 | ​ | $ | (481) | ​ | $ | (1,157) | ​ | $ | 3,911
Other comprehensive gain (loss) before reclassifications | ​ |  | 4,114 | ​ |  | (1,732) | ​ |  | — | ​ |  | 2,382
Less: amounts reclassified from accumulated other comprehensive income | ​ |  | 103 | ​ |  | — | ​ |  | — | ​ |  | 103
Total other comprehensive income (loss) | ​ |  | 4,011 | ​ |  | (1,732) | ​ |  | — | ​ |  | 2,279
Balance at end of period | ​ | $ | 9,560 | ​ | $ | (2,213) | ​ | $ | (1,157) | ​ | $ | 6,190
Reclassification out of Accumulated Other Comprehensive Income | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended March 31, | ​ | ​ | Affected Line Item where
(in thousands) |  | 2021 |  | 2020 |  |  | Net Income is Presented
Net realized gains on AFS securities: | ​ |  | ​ | ​ |  | ​ | ​ | ​ |
Before tax | ​ | $ | — | ​ | $ | 135 | ​ |  | Non-interest income
Tax effect | ​ |  | — | ​ |  | (32) | ​ |  | Tax expense
Total reclassifications for the period | ​ | $ | — | ​ | $ | 103 | ​ |  | Net of tax
(1) | Net realized gains before tax include no realized gains and losses for the three months ended March 31, 2021 and gross realized gains of $146 thousand and realized losses of $11 thousand for the three months ended March 31, 2020.

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