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ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)
 3 Months Ended
Mar. 31, 2018
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) [Abstract]  
Activity in Accumulated Other Comprehensive Income (Loss), Net of Tax
Activity in accumulated other comprehensive income (loss), net of tax, was as follows:

  
Securities Held-
to-Maturity and
Transferred
Securities
  
Securities
Available-for-
Sale
  
Defined Benefit
Plans
  
Derivative
Asset
  
Total
Accumulated
Other
Comprehensive
Gain (Loss)
 
Balance as of January 1, 2018
 
$
-
  
$
285
  
$
(6,633
)
 
$
2,707
  
$
(3,641
)
Reclassification of unrealized gains and losses on available-for-sale equity securities (1)
  -   
(153
)   
-
   
-
   
(153
) 
Adjusted balance as of January 1, 2018  -   132   (6,633)   2,707   (3,794) 
Other comprehensive income (loss) before reclassifications
  
-
   
(786
)
  
(88
)
  
1,373
   
499
 
Amounts reclassified from accumulated other comprehensive loss
  
-
   
(922
)
  
192
   
(44
)
  
(744
)
Net other comprehensive income during the period
  
-
   
(1,708
)
  
104
   
1,329
   
(275
)
Reclassification of tax effects on other comprehensive income (2)
  
-
   
-
   
32
   
-
   
32
 
Balance as of March 31, 2018
 
$
-
  
$
(1,576
)
 
$
(6,497
)
 
$
4,036
  
$
(4,037
)
                     
Balance as of January 1, 2017
 
$
(713
)
 
$
(92
)
 
$
(6,910
)
 
$
1,776
  
$
(5,939
)
Other comprehensive income before reclassifications
  
18
   
65
   
-
   
124
   
207
 
Amounts reclassified from accumulated other comprehensive loss
  
-
   
-
   
171
   
47
   
218
 
Net other comprehensive income during the period
  
18
   
65
   
171
   
171
   
425
 
Balance as of March 31, 2017
 
$
(695
)
 
$
(27
)
 
$
(6,739
)
 
$
1,947
  
$
(5,514
)
 
(1)
Represents the impact of adopting ASU 2016-01 allowing the reclassification of unrealized gains and losses on available-for-sale equity securities from accumulated other comprehensive income to retained earnings.
(2)
Represents the impact of adopting ASU 2018-02 allowing the reclassification of certain stranded income tax effects in accumulated other comprehensive income resulting from the Tax Cuts and Jobs Act of 2017 from accumulated other comprehensive income to retained earnings in each period in which the effect of the change in the U.S. federal corporate income tax rate in the Tax Cuts and Jobs Act of 2017 (the “Tax Act”) (or portion thereof) is recorded. The amount of the reclassification is an adjustment for the difference between the historical corporate income tax rate (35%) and the newly enacted 21% corporate income tax rate.
Component of Other Comprehensive Income (Loss)
The before and after tax amounts allocated to each component of other comprehensive income (loss) are presented in the table below for the periods indicated.

  
Three Months Ended
March 31,
 
  
2018
  
2017
 
Change in unrealized holding loss on securities held-to-maturity and transferred securities:
      
Accretion of previously recognized non-credit component of OTTI
 
$
-
  
$
9
 
Change in unrealized loss on securities transferred to held-to-maturity
  
-
   
25
 
Net change
  
-
   
34
 
Tax expense
  
-
   
16
 
Net change in unrealized holding loss on securities held-to-maturity and transferred securities
  
-
   
18
 
Change in unrealized holding gain on securities available-for-sale:
        
Change in net unrealized gain during the period
  
(1,188
)
  
120
 
Reclassification adjustment for net gains included in net gain on securities and other assets
  
(1,370
)
  
-
 
Net change
  
(2,558
)
  
120
 
Tax expense (benefit)
  
(850
)
  
55
 
Net change in unrealized holding gain on securities available-for-sale
  
(1,708
)
  
65
 
Change in pension and other postretirement obligations:
        
Reclassification adjustment for expense included in salaries and employee benefits expense
  
286
   
-
 
Change in the net actuarial gain or loss
  
(131
)
  
302
 
Net change
  
155
   
302
 
Tax expense
  
51
   
131
 
Net change in pension and other postretirement obligations
  
104
   
171
 
Change in unrealized loss on derivative asset or liability:
        
Change in net unrealized loss during the period
  
2,081
   
228
 
Reclassification adjustment for expense included in interest expense
  
(65
)
  
87
 
Net change
  
2,016
   
315
 
Tax expense
  
687
   
144
 
Net change in unrealized loss on derivative asset or liability
  
1,329
   
171
 
Other comprehensive income (loss)
 
$
(275
)
 
$
425