ACCUMULATED OTHER COMPREHENSIVE (LOSS)/INCOME (Tables)

6 Months Ended

Jun. 30, 2019

Schedule of accumulated other comprehensive income balances, net of tax

The following is a summary of the accumulated other comprehensive income/(loss) balances, net of tax, for the three months ended June 30, 2019 and 2018:

							Amount			Other
							Reclassified			Comprehensive
				Other			From			Income/(Loss)
				Comprehensive			Accumulated			Three Months
	Balance at			Income/(Loss)			Other			Ended			Balance at
	April 1,			Before			Comprehensive			June 30,			June 30,
(In thousands)	2019			Reclassifications			Income/(Loss)			2019			2019
Net unrealized holding loss on securities available for sale, net of tax	$	(1,278	)	$	2,176			—		$	2,176		$	898

Gain/(loss) on cash flow hedges		(451	)		(2,029	)		(22	)		(2,051	)		(2,502	)

Accumulated other comprehensive loss, net of tax	$	(1,729	)	$	147		$	(22	)	$	125		$	(1,604	)

							Amount			Other
							Reclassified			Comprehensive
				Other			From			Income/(Loss)
				Comprehensive			Accumulated			Three Months
	Balance at			Income/(Loss)			Other			Ended			Balance at
	April 1,			Before			Comprehensive			June 30,			June 30,
(In thousands)	2018			Reclassifications			Income/(Loss)			2018			2018
Net unrealized holding loss on securities available for sale, net of tax	$	(4,345	)	$	(494	)	$	—		$	(494	)	$	(4,839	)

Gain on cash flow hedges		1,503			605			(23	)		582			2,085

Accumulated other comprehensive loss, net of tax	$	(2,842	)	$	111		$	(23	)	$	88		$	(2,754	)

The following is a summary of the accumulated other comprehensive (loss)/income balances, net of tax, for the six months ended June 30, 2019 and 2018:

							Amount			Other
							Reclassified			Comprehensive
				Other			From			Income/(Loss)
				Comprehensive			Accumulated			Six Months
	Balance at			Income/(Loss)			Other			Ended			Balance at
	January 1,			Before			Comprehensive			June 30,			June 30,
(In thousands)	2019			Reclassifications			Income/(Loss)			2019			2019
Net unrealized holding gain/(loss) on securities available for sale, net of tax	$	(3,006	)	$	3,904		$	—		$	3,904		$	898

Gain/(loss) on cash flow hedges		661			(3,120	)		(43	)		(3,163	)		(2,502	)

Accumulated other comprehensive loss, net of tax	$	(2,345	)	$	784		$	(43	)	$	741		$	(1,604	)

									Amount			Other
									Reclassified			Comprehensive
				Cumulative		Other			From			Income/(Loss)
				Adjustment		Comprehensive			Accumulated			Six Months
	Balance at			For Equity		Income/(Loss)			Other			Ended			Balance at
	January 1,			Security		Before			Comprehensive			June 30,			June 30,
(In thousands)	2018			(ASU 2016-1)		Reclassifications			Income/(Loss)			2018			2018
Net unrealized holding loss on securities available for sale, net of tax	$	(2,214	)	$	127	$	(2,752	)	$	—		$	(2,752	)	$	(4,839	)

Gain/(loss) on cash flow hedges		1,002			—		1,128			(45	)		1,083			2,085

Accumulated other comprehensive loss, net of tax	$	(1,212	)	$	127	$	(1,624	)	$	(45	)	$	(1,669	)	$	(2,754	)

Schedule of the reclassifications out of accumulated other comprehensive income

The following represents the reclassifications out of accumulated other comprehensive income for the three months ended June 30, 2019 and 2018:

	Three Months Ended
	June 30,
(In thousands)	2019			2018			Affected Line Item in Income Statement
Unrealized gains on cash flow hedge derivatives:
Reclassification adjustment for amounts included in net income	$	(31	)	$	(31	)	Interest expense
Income tax expense		9			8		Income tax expense
Total reclassifications, net of tax	$	(22	)	$	(23	)

The following represents the reclassifications out of accumulated other comprehensive income for the six months ended June 30, 2019 and 2018:

	Six Months Ended
	June 30,
(In thousands)	2019			2018			Affected Line Item in Income
Unrealized gains on cash flow hedge derivatives:
Reclassification adjustment for amounts included in net income	$	(62	)	$	(62	)	Interest expense
Income tax expense		19			17		Income tax expense
Total reclassifications, net of tax	$	(43	)	$	(45	)