OTHER COMPREHENSIVE (LOSS)

3 Months Ended

Mar. 31, 2019

NOTE 22 – ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

The following table presents changes in accumulated other comprehensive loss for the quarters ended March 31, 2019 and 2018:

	Changes in Accumulated Other Comprehensive Loss by Component (1)
	Quarter ended
	March 31,
	2019			2018
(In thousands)
Unrealized net holding losses on debt securities
Beginning balance	$	(40,415)	$	(20,609)
Other comprehensive income (loss)		20,510		(24,053)
Ending balance	$	(19,905)	$	(44,662)

Unrealized holding losses on equity securities
Beginning balance	$	-	$	(6)
Reclassification to retained earnings per ASU 2016-01		-		6
Other comprehensive income		-		-
Ending balance	$	-	$	-
______________________
(1) All amounts presented are net of tax.

For the first quarter of 2019 and 2018, there were no amounts reclassified out of accumulated other comprehensive income (loss).