ACCUMULATED OTHER COMPREHENSIVE (LOSS)/INCOME

3 Months Ended

Mar. 31, 2016

ACCUMULATED OTHER COMPREHENSIVE (LOSS)/INCOME [Abstract]

ACCUMULATED OTHER COMPREHENSIVE (LOSS)/INCOME

9. ACCUMULATED OTHER COMPREHENSIVE (LOSS)/INCOME

The following is a summary of the accumulated other comprehensive (loss)/income balances, net of tax, for the three months ended March 31, 2016 and 2015:

							Amount			Other
							Reclassified			Comprehensive
				Other			From			Income/(Loss)
				Comprehensive			Accumulated			Three Months
	Balance at			Income/(Loss)			Other			Ended			Balance at
	January 1,			Before			Comprehensive			March 31,			March 31,
(In thousands)	2016			Reclassifications			(Income)			2016			2016
Net unrealized holding gain
on securities available for sale,
net of tax	$	408		$	688		$	(63	)	$	625		$	1,033
Losses on cash flow hedges		(787	)		(2,260	)		—			(2,260	)		(3,047	)
Accumulated other
comprehensive income/(loss),
net of tax	$	(379	)	$	(1,572	)	$	(63	)	$	(1,635	)	$	(2,014	)

							Amount			Other
							Reclassified			Comprehensive
				Other			From			Income/(Loss)
				Comprehensive			Accumulated			Three Months
	Balance at			Income/(Loss)			Other			Ended			Balance at
	January 1,			Before			Comprehensive			March 31,			March 31,
(In thousands)	2015			Reclassifications			(Income)			2015			2015
Net unrealized holding gain
on securities available for sale,
net of tax	$	1,321		$	779		$	(174	)	$	605		$	1,926
Losses on cash flow hedges		(100	)		(587	)		—			(587	)		(687	)
Accumulated other
comprehensive income,
net of tax	$	1,221		$	192		$	(174	)	$	18		$	1,239

The following represents the reclassifications out of accumulated other comprehensive income for the three months ended March 31, 2016 and 2015:

	Three Months Ended
	March 31,
(In thousands)	2016			2015			Affected Line Item in Income
Unrealized gains on
securities available for sale:
Realized net gain on securities sales	$	101		$	268		Securities gains, net
Income tax expense		(38	)		(94	)	Income tax expense
Total reclassifications, net of tax	$	63		$	174