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ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)
3 Months Ended
Mar. 31, 2020
Statement of Other Comprehensive Income [Abstract]  
Schedule of Accumulated Other Comprehensive Income [Table Text Block]

The following table presents changes in accumulated other comprehensive income (loss) for the quarters ended March 31, 2020 and 2019:

 

 

 

 

 

 

 

Changes in Accumulated Other Comprehensive Income (Loss) by Component (1)

 

 

Quarter ended

 

 

March 31,

 

 

2020

 

2019

 

(In thousands)

 

 

Unrealized net holding gains (losses) on debt securities

 

 

 

 

 

Beginning balance

$

6,764

$

(40,415)

 

Other comprehensive income (loss)

 

42,352

 

20,510

 

Ending balance

$

49,116

$

(19,905)

 

______________________

 

 

 

 

 

Reclassification out of Accumulated Other Comprehensive Income [Table Text Block]

The following table presents the amounts reclassified out of each component of Accumulated other comprehensive income (loss) for the quarters ended March 31, 2020 and 2019:

 

 

 

 

 

 

 

 

 

 

 

Reclassifications Out of Accumulated Other Comprehensive Income (Loss)

 

Affected Line Item in the Consolidated Statements of Income

 

Quarter ended

 

 

March 31

 

 

2020

 

 

2019

(In thousands)

 

 

 

Unrealized net holding gains (losses) on debt securities

 

 

 

 

 

 

 

Realized gain on sale of debt securities

Net gain on sale of

 

 

 

 

 

 

 

investments

 

$

(8,247)

 

$

-

Provision for credit losses

Provision for credit losses

 

 

368

 

 

-

 

Total before tax

 

 

(7,879)

 

 

-

 

Income tax

 

 

-

 

 

-

 

Total, net of tax

 

$

(7,879)

 

$

-