10. ACCUMULATED OTHER COMPREHENSIVE (LOSS)/INCOME

The following is a summary of the accumulated other comprehensive income/(loss) balances, net of tax, for the three months ended September 30, 2018 and 2017:

							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)	2018			Reclassifications			Income/(Loss)			2018			2018
Net unrealized holding loss on securities available for sale, net of tax	$	(4,839	)	$	(1,191	)	$	218		$	(973	)	$	(5,812	)

Gain/(loss) on cash flow hedges		2,085			534			(20	)		514			2,599

Accumulated other comprehensive loss, net of tax	$	(2,754	)	$	(657	)	$	198		$	(459	)	$	(3,213	)

						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)	2017			Reclassifications		Income/(Loss)		2017		2017
Net unrealized holding gain/(loss) on securities available for sale, net of tax	$	(572	)	$	62	$	—	$	62	$	(510	)

Gain/(loss) on cash flow hedges		34			131		—		131		165

Accumulated other comprehensive loss, net of tax	$	(538	)	$	193	$	—	$	193	$	(345	)

The following represents the reclassifications out of accumulated other comprehensive income for the three months ended September 30, 2018 and 2017:

	Three Months Ended
	September 30,
(In thousands)	2018			2017		Affected Line Item in Income
Unrealized losses on securities available for sale:
Reclassification adjustment for amounts included in net income	$	288		$	—	Securities losses, net
Income tax benefit		(70	)		—	Income tax expense
Total reclassifications, net of tax	$	218		$	—
Unrealized gains on cash flow hedge derivatives:
Reclassification adjustment for amounts included in net income	$	(31	)	$	—	Interest expense
Income tax expense		11			—	Income tax expense
Total reclassifications, net of tax	$	(20	)	$	—

The following is a summary of the accumulated other comprehensive (loss)/income balances, net of tax, for the nine months ended September 30, 2018 and 2017:

									Amount			Other
									Reclassified			Comprehensive
				Cumulative		Other			From			Income/(Loss)
				Adjustment		Comprehensive			Accumulated			Nine Months
	Balance at			For Equity		Income/(Loss)			Other			Ended			Balance at
	January 1,			Security		Before			Comprehensive			September 30,			September 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	$	(3,943	)	$	218		$	(3,725	)	$	(5,812	)

Gain/(loss) on cash flow hedges		1,002			—		1,661			(64	)		1,597			2,599

Accumulated other comprehensive loss, net of tax	$	(1,212	)	$	127	$	(2,282	)	$	154		$	(2,128	)	$	(3,213	)

						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)	2017			Reclassifications		Income/(Loss)		2017		2017
Net unrealized holding gain/(loss) on securities available for sale, net of tax	$	(1,091	)	$	581	$	—	$	581	$	(510	)

Gain/(loss) on cash flow hedges		(440	)		605		—		605		165

Accumulated other comprehensive loss, net of tax	$	(1,531	)	$	1,186	$	—	$	1,186	$	(345	)

The following represents the reclassifications out of accumulated other comprehensive income for the nine months ended September 30, 2018 and 2017:

	Nine Months
	September 30,
(In thousands)	2018			2017		Affected Line Item in Income
Unrealized losses on securities available for sale:
Reclassification adjustment for amounts included in net income	$	288		$	—	Securities losses, net
Income tax benefit		(70	)		—	Income tax expense
Total reclassifications, net of tax	$	218		$	—
Unrealized gains on cash flow hedge derivatives:
Reclassification adjustment for amounts included in net income	$	(93	)	$	—	Interest expense
Income tax expense		29			—	Income tax expense
Total reclassifications, net of tax	$	(64	)	$	—