ACCUMULATED OTHER COMPREHENSIVE (LOSS)/INCOME

9 Months Ended

Sep. 30, 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 September 30, 2017 and 2016:

						Amount		Other
						Reclassified		Comprehensive
				Other		From		Income
				Comprehensive		Accumulated		Three Months
	Balance at			Income		Other		Ended		Balance at
	July 1,			Before		Comprehensive		September 30,		September 30,
(In thousands)	2017			Reclassifications		Income		2017		2017
Net unrealized holding (loss)
on securities available for sale,
net of tax	$	(572	)	$	62	$	—	$	62	$	(510	)
Gains on cash flow hedges		34			131		—		131		165
Accumulated other
comprehensive loss,
net of tax	$	(538	)	$	193	$	—	$	193	$	(345	)

							Amount		Other
							Reclassified		Comprehensive
				Other			From		Income/(Loss)
				Comprehensive			Accumulated		Three Months
	Balance at			Income/(Loss)			Other		Ended			Balance at
	July 1,			Before			Comprehensive		September 30,			September 30,
(In thousands)	2016			Reclassifications			Loss		2016			2016
Net unrealized holding gain
on securities available for sale,
net of tax	$	1,224		$	(215	)	$	—	$	(215	)	$	1,009
Losses on cash flow hedges		(3,727	)		941			—		941			(2,786	)
Accumulated other
comprehensive loss,
net of tax	$	(2,503	)	$	726		$	—	$	726		$	(1,777	)

The following represents the reclassifications out of accumulated other comprehensive income for the three months ended September 30, 2017 and 2016:

	Three Months Ended
	September 30,
(In thousands)	2017		2016		Affected Line Item in Income
Unrealized gains on
securities available for sale:
Realized net gain on securities sales	$	—	$	—	Securities gains, net
Income tax expense		—		—	Income tax expense
Total reclassifications, net of tax	$	—	$	—

The following is a summary of the accumulated other comprehensive (loss)/income balances, net of tax, for the nine months ended September 30, 2017 and 2016:

						Amount		Other
						Reclassified		Comprehensive
				Other		From		Income
				Comprehensive		Accumulated		Nine Months
	Balance at			Income		Other		Ended		Balance at
	January 1,			Before		Comprehensive		September 30,		September 30,
(In thousands)	2017			Reclassifications		Income		2017		2017
Net unrealized holding (loss)
on securities available for sale,
net of tax	$	(1,091	)	$	581	$	—	$	581	$	(510	)
Gains on cash flow hedges		(440	)		605		—		605		165
Accumulated other
comprehensive loss,
net of tax	$	(1,531	)	$	1,186	$	—	$	1,186	$	(345	)

							Amount			Other
							Reclassified			Comprehensive
				Other			From			Income/(Loss)
				Comprehensive			Accumulated			Nine Months
	Balance at			Income/(Loss)			Other			Ended			Balance at
	January 1,			Before			Comprehensive			September 30,			September 30,
(In thousands)	2016			Reclassifications			Loss			2016			2016
Net unrealized holding gain
on securities available for sale,
net of tax	$	408		$	676		$	(75	)	$	601		$	1,009
Losses on cash flow hedges		(787	)		(1,999	)		—			(1,999	)		(2,786	)
Accumulated other
comprehensive loss,
net of tax	$	(379	)	$	(1,323	)	$	(75	)	$	(1,398	)	$	(1,777	)

The following represents the reclassifications out of accumulated other comprehensive income for the nine months ended September 30, 2017 and 2016:

	Nine Months Ended
	September 30,
(In thousands)	2017		2016			Affected Line Item in Income
Unrealized gains on
securities available for sale:
Realized net gain on securities sales	$	—	$	119		Securities gains, net
Income tax expense		—		(44	)	Income tax expense
Total reclassifications, net of tax	$	—	$	75