OTHER COMPREHENSIVE INCOME (LOSS) (Tables)

9 Months Ended

Sep. 30, 2015

OTHER COMPREHENSIVE INCOME (LOSS)

Schedule of other comprehensive income (loss) components and related income tax effects

	Three Months Ended						Nine Months Ended
(In thousands)	September 30,  2015			September 30,  2014			September 30,  2015			September 30,  2014
Unrealized holding (losses) gains on available for sale securities	$	3,950		$	(1,338	)	$	5,212		$	10,118
Reclassification adjustment for losses realized in income		—			(9	)		10			1,119
Income tax effect		(1,599	)		534			(2,070	)		(4,460	)
Net change in unrealized (losses) gains on available for sale securities		2,351			(813	)		3,152			6,777
Reclassification adjustment for amortization realized in income		90			(5	)		269			(17	)
Income tax effect		(36	)		2			(53	)		7
Net change in post-retirement obligation		54			(3	)		216			(10	)
Change in fair value of derivatives used for cash flow hedges		(661	)		402			(1,050	)		(174	)
Reclassification adjustment for gains realized in income		—			—			—			—
Income tax effect		267			(160	)		432			69
Net change in unrealized losses on cash flow hedge		(394	)		242			(618	)		(105	)
Total	$	2,011		$	(574	)	$	2,750		$	6,662

Schedule of the accumulated other comprehensive income balances, net of income tax

	Balance as of						Balance as of
	December 31,			Current Period			September 30,
(In thousands)	2014			Change			2015
Unrealized (losses) gains on available for sale securities	$	(3,307	)	$	3,152		$	(155	)
Unrealized (losses) gains on pension benefits		(4,491	)		216			(4,275	)
Unrealized losses on cash flow hedges		(569	)		(618	)		(1,187	)
Total	$	(8,367	)	$	2,750		$	(5,617	)

Schedule of reclassifications out of accumulated other comprehensive income

	Three Months Ended						Nine Months Ended						Affected Line Item
(In thousands)	September 30, 2015			September 30, 2014			September 30, 2015			September 30, 2015			in the Consolidated Statements of Income
Unrealized gains (losses) on available for sale securities:
Realized losses on sale of available for sale securities	$	—		$	9		$	(10	)	$	(1,119	)	Net securities losses
Income tax effect		—			(4	)		4			444		Income tax expense
Net of income tax	$	—		$	5		$	(6	)	$	(675	)
Amortization of defined benefit pension plan and the defined benefit plan component of the SERP:
Prior service credit (cost)	$	19		$	19		$	57		$	58		Salaries and employee benefits
Transition obligation		(7	)		(7	)		(21	)		(21	)	Salaries and employee benefits
Actuarial losses		(102	)		(7	)		(305	)		(20	)	Salaries and employee benefits
	$	(90	)	$	5		$	(269	)	$	17
Income tax effect		36			(2	)		53			(7	)	Income tax expense
Net of income tax	$	(54	)	$	3		$	(216	)	$	10
Total reclassifications, net of tax	$	(54	)	$	8		$	(222	)	$	(665	)