ACCUMULATED OTHER COMPREHENSIVE INCOME/(LOSS)

9 Months Ended

Sep. 30, 2021

Stockholders Equity Note [Abstract]

ACCUMULATED OTHER COMPREHENSIVE INCOME/(LOSS)

10.  ACCUMULATED OTHER COMPREHENSIVE INCOME/(LOSS)

The following is a summary of the accumulated other comprehensive income/(loss) balances, net of tax, for the three months ended September 30, 2021 and 2020:

							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)	2021			Reclassifications			Income/(Loss)		2021			2021
Net unrealized holding gain/(loss) on    securities available for sale, net of tax	$	(956	)	$	(4,293	)	$	—	$	(4,293	)	$	(5,249	)
Gain/(loss) on cash flow hedges		(4,459	)		673			—		673			(3,786	)
Accumulated other comprehensive gain/(loss),    net of tax	$	(5,415	)	$	(3,620	)	$	—	$	(3,620	)	$	(9,035	)

							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)	2020			Reclassifications			Income/(Loss)			2020			2020
Net unrealized holding gain/(loss) on    securities available for sale, net of tax	$	6,935		$	(777	)	$	—		$	(777	)	$	6,158
Gain/(loss) on cash flow hedges		(8,931	)		1,030			(4	)		1,026			(7,905	)
Accumulated other comprehensive gain/(loss),    net of tax	$	(1,996	)	$	253		$	(4	)	$	249		$	(1,747	)

The following represents the reclassifications out of accumulated other comprehensive income/(loss) for the three months ended September 30, 2021 and 2020: 

	Three Months Ended
	September 30,
(In thousands)	2021		2020			Affected Line Item in Income Statement
Unrealized gains/(losses) on cash flow hedge    derivatives:
Reclassification adjustment for amounts    included in net income	$	—	$	(5	)	Interest expense
Reclassification adjustment for losses on termination    of swaps included in net income		—		—		Other income
Tax effect		—		1		Income tax expense
Total reclassifications, net of tax	$	—	$	(4	)

The following is a summary of the accumulated other comprehensive income/(loss) balances, net of tax, for the nine months ended September 30, 2021 and 2020

							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)	2021			Reclassifications			Income/(Loss)		2021			2021
Net unrealized holding gain/(loss) on    securities available for sale, net of tax	$	5,521		$	(10,770	)	$	—	$	(10,770	)	$	(5,249	)
Gain/(loss) on cash flow hedges		(6,913	)		2,521			606		3,127			(3,786	)
Accumulated other comprehensive    gain/(loss), net of tax	$	(1,392	)	$	(8,249	)	$	606	$	(7,643	)	$	(9,035	)

							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)	2020			Reclassifications			Income/(Loss)			2020			2020
Net unrealized holding gain/(loss) on    securities available for sale, net of tax	$	1,006		$	5,152		$	—		$	5,152		$	6,158
Gain/(loss) on cash flow hedges		(2,501	)		(5,341	)		(63	)		(5,404	)		(7,905	)
Accumulated other comprehensive    gain/(loss), net of tax	$	(1,495	)	$	(189	)	$	(63	)	$	(252	)	$	(1,747	)

The following represents the reclassifications out of accumulated other comprehensive income/(loss) for the nine months ended September 30, 2021 and 2020: 

	Nine Months Ended
	September 30,
(In thousands)	2021			2020			Affected Line Item in Income
Unrealized gains/(losses) on cash flow hedge    derivatives:
Reclassification adjustment for amounts    included in net income	$	—		$	(85	)	Interest expense
Reclassification adjustment for losses on termination    of swaps included in net income		842			—		Other income
Tax effect		(236	)		22		Income tax expense
Total reclassifications, net of tax	$	606		$	(63	)