ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)

6 Months Ended

Jun. 30, 2018

Other Comprehensive Income Loss [Abstract]

Net Accumulated Other Comprehensive Income (Loss)

	Unrealized Gains
	(Losses) on
	Investments		Defined Benefit
(In thousands)	Available-for-Sale		Pension Plan		Total
Balance at January 1, 2018	$	687	$	(7,544)	$	(6,857)
Other comprehensive income before reclassification, net of tax		(12,491)		-		(12,491)
Reclassifications from accumulated other comprehensive income, net of tax		(47)		316		269
Current period change in other comprehensive income, net of tax		(12,538)		316		(12,222)
Reclassification of tax effects from accumulated other comprehensive income		148		(1,625)		(1,477)
Balance at June 30, 2018	$	(11,703)	$	(8,853)	$	(20,556)

	Unrealized Gains
	(Losses) on
	Investments		Defined Benefit
(In thousands)	Available-for-Sale		Pension Plan		Total
Balance at January 1, 2017	$	1,642	$	(8,256)	$	(6,614)
Other comprehensive income before reclassification, net of tax		3,314		-		3,314
Reclassifications from accumulated other comprehensive income, net of tax		(767)		355		(412)
Current period change in other comprehensive income, net of tax		2,547		355		2,902
Balance at June 30, 2017	$	4,189	$	(7,901)	$	(3,712)

Schedule of Amounts Recognized in Other Comprehensive Income (Loss)

The following table provides the information on the reclassification adjustments out of accumulated other comprehensive income for the periods indicated:

				Six Months Ended June 30,
(In thousands)				2018		2017
Unrealized gains on investments available-for-sale
	Affected line item in the Statements of Income:
	Investment securities gains			$	63		$	1,275
	Income before taxes				63			1,275
	Tax expense				(16)			(508)
	Net income			$	47		$	767
Amortization of defined benefit pension plan items
	Affected line item in the Statements of Income:
		Recognized actuarial loss(1)		$	(500)		$	(590)
			Income before taxes		(500)			(590)
			Tax benefit		184			235
			Net loss	$	(316)		$	(355)
(1) This amount is included in the computation of net periodic benefit cost, see Note 10