ACCUMULATED OTHER COMPREHENSIVE (LOSS)/INCOME

3 Months Ended

Mar. 31, 2017

Stockholders' Equity Note [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, 2017 and 2016:

						Amount		Other
						Reclassified		Comprehensive
				Other		From		Income
				Comprehensive		Accumulated		Three Months
	Balance at			Income		Other		Ended		Balance at
	January 1,			Before		Comprehensive		March 31,		March 31,
(In thousands)	2017			Reclassifications		Income		2017		2017
Net unrealized holding (loss)
on securities available for sale,
net of tax	$	(1,091	)	$	397	$	—	$	397	$	(694	)
Gains on cash flow hedges		(440	)		512		—		512		72
Accumulated other
comprehensive loss,
net of tax	$	(1,531	)	$	909	$	—	$	909	$	(622	)

							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			Loss			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 loss,
net of tax	$	(379	)	$	(1,572	)	$	(63	)	$	(1,635	)	$	(2,014	)

The following represents the reclassifications out of accumulated other comprehensive income for the three months ended March 31, 2017 and 2016:

	Three Months Ended
	March 31,
(In thousands)	2017		2016			Affected Line Item in Income
Unrealized gains on
securities available for sale:
Realized net gain on securities sales	$	—	$	101		Securities gains, net
Income tax expense		—		(38	)	Income tax expense
Total reclassifications, net of tax	$	—	$	63