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Accumulated Other Comprehensive Income
6 Months Ended
Jun. 30, 2017
Equity [Abstract]  
Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income
The changes in accumulated other comprehensive income (loss) (“AOCI”) by component, during the three and six months ended June 30, 2017 and 2016 are as follows:
 
 
Three Months Ended June 30, 2017 (1)
 
Six Months Ended June30, 2017 (1)
 
 
(In thousands)
Balance of AOCI at the beginning of period
 
$
(1,133
)
 
$
(2,606
)
Other comprehensive income before reclassification
 
2,766

 
4,239

Amounts reclassified from AOCI for gain on sale of investment securities included in net income
 
(76
)
 
(76
)
Net current period other comprehensive income
 
2,690

 
4,163

Balance of AOCI at the end of period
 
$
1,557

 
$
1,557

(1) All amounts are due to the changes in fair value of available for sale securities and are net of tax.

 
 
Three Months Ended
June 30, 2016 (1)
 
Six Months Ended June 30, 2016 (1)
 
 
(In thousands)
Balance of AOCI at the beginning of period
 
$
8,270

 
$
2,559

Other comprehensive income before reclassification
 
4,203

 
10,278

Amounts reclassified from AOCI for gain on sale of investment securities available for sale included in net income
 
(130
)
 
(494
)
Net current period other comprehensive income
 
4,073

 
9,784

Balance of AOCI at the end of period
 
$
12,343

 
$
12,343


(1) All amounts are due to the changes in fair value of available for sale securities and are net of tax.