OTHER COMPREHENSIVE INCOME (LOSS) OTHER COMPREHENSIVE INCOME (LOSS) (Tables)

9 Months Ended

Sep. 30, 2021

Equity [Abstract]

Schedule of of Comprehensive Income (Loss)

The following tables present a reconciliation of the changes in the components of other comprehensive income and loss for the periods indicated, including the amount of tax (expense) benefit allocated to each component:

	For the Three Months Ended
	September 30, 2021						September 30, 2020
(In thousands)	Pre-Tax Amount		Tax (Expense) Benefit		After-Tax Amount		Pre-Tax Amount		Tax (Expense) Benefit		After-Tax Amount
AFS Debt Securities:
Change in fair value	$	(6,546)	$	1,407	$	(5,139)	$	(746)	$	160	$	(586)
Net change in fair value	(6,546)		1,407		(5,139)		(746)		160		(586)
Cash Flow Hedges:
Change in fair value	466		(100)		366		688		(148)		540
Less: reclassified AOCI loss into interest expense(1)	(539)		116		(423)		(479)		103		(376)
Less: reclassified AOCI gain into interest income(2)	410		(88)		322		311		(67)		244
Net change in fair value	595		(128)		467		856		(184)		672
Postretirement Plans:
Amortization of settlement recognition of net loss and prior service credit(3)	217		(46)		171		169		(36)		133
Other comprehensive (loss) income	$	(5,734)	$	1,233	$	(4,501)	$	279	$	(60)	$	219

(1)    Reclassified into interest on deposits, borrowings and/or subordinated debentures on the consolidated statements of income. Refer to Note 8 of the consolidated financial statements for further details.

(2)    Reclassified into interest and fees on loans on the consolidated statements of income. Refer to Note 8 of the consolidated financial statements for further details.

(3)    Reclassified into other expenses on the consolidated statements of income. Refer to Note 13 of the consolidated financial statements for further details.

	For the Nine Months Ended
	September 30, 2021						September 30, 2020
(In thousands)	Pre-Tax Amount		Tax (Expense) Benefit		After-Tax Amount		Pre-Tax Amount		Tax (Expense) Benefit		After-Tax Amount
AFS Debt Securities:
Change in fair value	$	(25,926)	$	5,574	$	(20,352)	$	32,451	$	(6,977)	$	25,474
Net change in fair value	(25,926)		5,574		(20,352)		32,451		(6,977)		25,474
Cash Flow Hedges:
Change in fair value	3,655		(785)		2,870		(418)		90		(328)
Less: reclassified AOCI loss into interest expense(1)	(1,712)		368		(1,344)		(990)		213		(777)
Less: reclassified AOCI gain into interest income(2)	1,205		(258)		947		610		(131)		479
Net change in fair value	4,162		(895)		3,267		(38)		8		(30)
Postretirement Plans:
Amortization of settlement recognition of net loss and prior service credit(3)	652		(140)		512		508		(109)		399
Other comprehensive (loss) income	$	(21,112)	$	4,539	$	(16,573)	$	32,921	$	(7,078)	$	25,843

(1)    Reclassified into interest on deposits, borrowings and/or subordinated debentures on the consolidated statements of income. Refer to Note 8 of the consolidated financial statements for further details.

(2)    Reclassified into interest and fees on loans on the consolidated statements of income. Refer to Note 8 of the consolidated financial statements for further details.

(3)    Reclassified into other expenses on the consolidated statements of income. Refer to Note 13 of the consolidated financial statements for further details.

Schedule of Accumulated Other Comprehensive Income (Loss)

The following table presents the changes in each component of AOCI, after tax, for the periods indicated:

(In thousands)	Net Unrealized Gains (Losses) on AFS Debt Securities		Net Unrealized Losses (Gains) on Cash Flow Hedges		Defined Benefit Postretirement Plans		AOCI
At or For the Three Months Ended September 30, 2021
Balance at June 30, 2021	$	14,097	$	(1,826)	$	(3,603)	$	8,668
Other comprehensive (loss) income before reclassifications	(5,139)		366		—		(4,773)
Less: Amounts reclassified from AOCI	—		(101)		(171)		(272)
Other comprehensive (loss) income	(5,139)		467		171		(4,501)
Balance at September 30, 2021	$	8,958	$	(1,359)	$	(3,432)	$	4,167
At or For the Nine Months Ended September 30, 2021
Balance at December 31, 2020	$	29,310	$	(4,626)	$	(3,944)	$	20,740
Other comprehensive (loss) income before reclassifications	(20,352)		2,870		—		(17,482)
Less: Amounts reclassified from AOCI	—		(397)		(512)		(909)
Other comprehensive (loss) income	(20,352)		3,267		512		(16,573)
Balance at September 30, 2021	$	8,958	$	(1,359)	$	(3,432)	$	4,167
At or For the Three Months Ended September 30, 2020
Balance at June 30, 2020	$	29,310	$	(6,750)	$	(3,204)	$	19,356
Other comprehensive (loss) income before reclassifications	(586)		540		—		(46)
Less: Amounts reclassified from AOCI	—		(132)		(133)		(265)
Other comprehensive (loss) income	(586)		672		133		219
Balance at September 30, 2020	$	28,724	$	(6,078)	$	(3,071)	$	19,575
At or For the Nine Months Ended September 30, 2020
Balance at December 31, 2019	$	3,250	$	(6,048)	$	(3,470)	$	(6,268)
Other comprehensive income (loss) before reclassifications	25,474		(328)		—		25,146
Less: Amounts reclassified from AOCI	—		(298)		(399)		(697)
Other comprehensive income (loss)	25,474		(30)		399		25,843
Balance at September 30, 2020	$	28,724	$	(6,078)	$	(3,071)	$	19,575