OTHER COMPREHENSIVE INCOME (LOSS)

6 Months Ended

Jun. 30, 2020

Statement of Other Comprehensive Income [Abstract]

OTHER COMPREHENSIVE INCOME

NOTE 23 – ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

The following table presents changes in accumulated other comprehensive income (loss) for the quarters and six-month periods ended June 30, 2020 and 2019:
	Changes in Accumulated Other Comprehensive Income (Loss) by Component (1)
	Quarter ended				Six-month period ended
	June 30,		June 30,		June 30,		June 30,
	2020		2019		2020		2019
(In thousands)
Unrealized net holding gains (losses) on debt securities
Beginning balance	$	49,116	$	(19,905)	$	6,764	$	(40,415)
Other comprehensive income		4,154		17,467		46,506		37,977
Ending balance	$	53,270	$	(2,438)	$	53,270	$	(2,438)
(1) All amounts presented are net of tax.

The following table presents the amounts reclassified out of each component of accumulated other comprehensive income (loss) during the quarters and six-month periods ended June 30, 2020 and 2019:
		Reclassifications Out of Accumulated Other Comprehensive Income (Loss)
		Quarter ended				Six-month period ended
		June 30,				June 30,
	Affected Line Item in the Consolidated Statements of Income	2020		2019		2020		2019
(In thousands)
Unrealized net holding gains (losses)
on debt securities
Realized loss (gain) on sale of debt securities	Net loss (gain) on sale of
	investments	$	155	$	-	$	(8,092)	$	-
Provision for credit losses	Provision for credit losses		1,263		-		1,631		-
	Total before tax	$	1,418	$	-	$	(6,461)	$	-
	Income tax		-		-		-		-
	Total, net of tax	$	1,418	$	-	$	(6,461)	$	-