XML 63 R50.htm IDEA: XBRL DOCUMENT v3.19.1
ACCUMULATED OTHER COMPREHENSIVE INCOME/(LOSS) (Tables)
12 Months Ended
Dec. 31, 2018
Stockholders Equity Note [Abstract]  
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 years ended December 31, 2018, 2017 and 2016:

 

 

 

 

 

 

 

Cumulative

 

 

 

 

 

 

Amount

 

 

Other

 

 

 

 

 

 

 

 

 

 

 

Effect

 

 

 

 

 

 

Reclassified

 

 

Comprehensive

 

 

 

 

 

 

 

 

 

 

 

Adjustment

 

 

 

 

 

 

From

 

 

Loss

 

 

 

 

 

 

 

 

 

 

 

for

 

 

Other

 

 

Accumulated

 

 

Twelve Months

 

 

 

 

 

 

 

Balance at

 

 

Adoption

 

 

Comprehensive

 

 

Other

 

 

Ended

 

 

Balance at

 

 

 

December 31,

 

 

of ASU

 

 

Loss Before

 

 

Comprehensive

 

 

December 31,

 

 

December 31,

 

(In thousands)

 

2017

 

 

2016-01

 

 

Reclassifications

 

 

Loss

 

 

2018

 

 

2018

 

Net unrealized holding loss on

   securities available for sale, net of tax

 

$

(2,214

)

 

$

127

 

 

$

(1,137

)

 

$

218

 

 

$

(919

)

 

$

(3,006

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gains/(losses) on cash flow hedge

 

 

1,002

 

 

 

 

 

 

(247

)

 

 

(94

)

 

 

(341

)

 

 

661

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Accumulated other comprehensive

   loss, net of tax

 

$

(1,212

)

 

$

127

 

 

$

(1,384

)

 

$

124

 

 

$

(1,260

)

 

$

(2,345

)

 

 

 

 

 

 

 

Cumulative

 

 

 

 

 

 

Amount

 

 

Other

 

 

 

 

 

 

 

 

 

 

 

Effect

 

 

 

 

 

 

Reclassified

 

 

Comprehensive

 

 

 

 

 

 

 

 

 

 

 

Adjustment

 

 

 

 

 

 

from

 

 

Income

 

 

 

 

 

 

 

 

 

 

 

for

 

 

Other

 

 

Accumulated

 

 

Twelve Months

 

 

 

 

 

 

 

Balance at

 

 

Adoption

 

 

Comprehensive

 

 

Other

 

 

Ended

 

 

Balance at

 

 

 

December 31,

 

 

of ASU

 

 

Loss Before

 

 

Comprehensive

 

 

December 31,

 

 

December 31,

 

(In thousands)

 

2016

 

 

2018-02

 

 

Reclassifications

 

 

Income

 

 

2017

 

 

2017

 

Net unrealized holding loss on

   securities available for sale, net of tax

 

$

(1,091

)

 

$

(392

)

 

$

(731

)

 

$

 

 

$

(731

)

 

$

(2,214

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(Losses)/gains on cash flow hedge

 

 

(440

)

 

$

177

 

 

$

1,265

 

 

$

 

 

$

1,265

 

 

$

1,002

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Accumulated other comprehensive

   loss, net of tax

 

$

(1,531

)

 

$

(215

)

 

$

534

 

 

$

 

 

$

534

 

 

$

(1,212

)

 

 

 

 

 

 

 

 

 

 

 

Amount

 

 

Other

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Reclassified

 

 

Comprehensive

 

 

 

 

 

 

 

 

 

 

 

Other

 

 

from

 

 

Loss

 

 

 

 

 

 

 

 

 

 

 

Comprehensive

 

 

Accumulated

 

 

Twelve Months

 

 

 

 

 

 

 

Balance at

 

 

Loss

 

 

Other

 

 

Ended

 

 

Balance at

 

 

 

December 31,

 

 

Before

 

 

Comprehensive

 

 

December 31,

 

 

December 31,

 

(In thousands)

 

2015

 

 

Reclassifications

 

 

Loss

 

 

2016

 

 

2016

 

Net unrealized holding gain/(loss) on

   securities available for sale, net of tax

 

$

408

 

 

$

(1,424

)

 

$

(75

)

 

$

(1,499

)

 

$

(1,091

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(Losses)/gains on cash flow hedge

 

$

(787

)

 

$

347

 

 

$

 

 

$

347

 

 

$

(440

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Accumulated other comprehensive

   loss, net of tax

 

$

(379

)

 

$

(1,077

)

 

$

(75

)

 

$

(1,152

)

 

$

(1,531

)

Schedule of the reclassifications out of accumulated other comprehensive income

The following represents the reclassifications out of accumulated other comprehensive income for the yearss ended December 31, 2018, 2017 and 2016:

 

 

 

Twelve Months Ended

 

 

 

 

 

December 31,

 

 

 

(In thousands)

 

2018

 

 

2017

 

 

2016

 

 

Affected Line Item in Statements of Income

Unrealized losses on securities available for sale:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Reclassification adjustment for amounts included in

   net income

 

$

288

 

 

$

 

 

$

119

 

 

Securities losses, net

Income tax benefit

 

 

(70

)

 

 

 

 

 

(44

)

 

Income tax expense

Total reclassifications, net of tax

 

$

218

 

 

$

 

 

$

75

 

 

 

Unrealized gains on cash flow hedge derivatives:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Reclassification adjustment for amounts included in

   net income

 

$

(124

)

 

$

 

 

$

 

 

Interest expense

Income tax expense

 

 

30

 

 

 

 

 

 

 

 

Tax effect

Total reclassifications, net of tax

 

$

(94

)

 

$

 

 

$