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ACCUMULATED OTHER COMPREHENSIVE LOSS (FY)
 9 Months Ended 12 Months Ended
Sep. 30, 2017
Dec. 31, 2016
ACCUMULATED OTHER COMPREHENSIVE LOSS [Abstract]    
ACCUMULATED OTHER COMPREHENSIVE LOSS
14.Accumulated Other Comprehensive Loss (“AOCL”)

A summary of changes in AOCL follows:

Unrealized
Gains
(Losses) on
Securities
Available
for Sale
Dispropor-
tionate
Tax Effects
from
Securities
Available
for Sale
Unrealized
Gains on
Cash Flow
Hedges
Total
(In thousands)
For the three months ended September 30, 2017
 
 
 
 
 
 
 
 
 
 
 
 
Balances at beginning of period
$
1,986
 
$
(5,798
)
$
—
 
$
(3,812
)
Other comprehensive income before reclassifications
 
95
 
 
—
 
 
62
 
 
157
 
Amounts reclassified from AOCL
 
(5
)
 
—
 
 
3
 
 
(2
)
Net current period other comprehensive income
 
90
 
 
—
 
 
65
 
 
155
 
Balances at end of period
$
2,076
 
$
(5,798
)
$
65
 
$
(3,657
)
2016
 
 
 
 
 
 
 
 
 
 
 
 
Balances at beginning of period
$
2,515
 
$
(5,798
)
$
—
 
$
(3,283
)
Other comprehensive income before reclassifications
 
278
 
 
—
 
 
—
 
 
278
 
Amounts reclassified from AOCL
 
(10
)
 
—
 
 
—
 
 
(10
)
Net current period other comprehensive income
 
268
 
 
—
 
 
—
 
 
268
 
Balances at end of period
$
2,783
 
$
(5,798
)
$
—
 
$
(3,015
)
For the Nine months ended September 30, 2017
 
 
 
 
 
 
 
 
 
 
 
 
Balances at beginning of period
$
(3,310
)
$
(5,798
)
$
—
 
$
(9,108
)
Cumulative effect of change in accounting
 
300
 
 
—
 
 
—
 
 
300
 
Balances at beginning of period, as adjusted
 
(3,010
)
 
(5,798
)
 
—
 
 
(8,808
)
Other comprehensive income before reclassifications
 
5,167
 
 
—
 
 
62
 
 
5,229
 
Amounts reclassified from AOCL
 
(81
)
 
—
 
 
3
 
 
(78
)
Net current period other comprehensive income
 
5,086
 
 
—
 
 
65
 
 
5,151
 
Balances at end of period
$
2,076
 
$
(5,798
)
$
65
 
$
(3,657
)
2016
 
 
 
 
 
 
 
 
 
 
 
 
Balances at beginning of period
$
(238
)
$
(5,798
)
$
—
 
$
(6,036
)
Other comprehensive income before reclassifications
 
3,215
 
 
—
 
 
—
 
 
3,215
 
Amounts reclassified from AOCL
 
(194
)
 
—
 
 
—
 
 
(194
)
Net current period other comprehensive income
 
3,021
 
 
—
 
 
—
 
 
3,021
 
Balances at end of period
$
2,783
 
$
(5,798
)
$
—
 
$
(3,015
)

We adopted ASU 2017-08 during the first quarter of 2017 using a modified retrospective approach. As a result, accumulated other comprehensive loss as of January 1, 2017 was adjusted by $0.30 million (see note #2).

The disproportionate tax effects from securities available for sale arose due to tax effects of other comprehensive income (“OCI”) in the presence of a valuation allowance against our deferred tax assets and a pretax loss from operations. Generally, the amount of income tax expense or benefit allocated to operations is determined without regard to the tax effects of other categories of income or loss, such as OCI. However, an exception to the general rule is provided when, in the presence of a valuation allowance against deferred tax assets, there is a pretax loss from operations and pretax income from other categories in the current period. In such instances, income from other categories must offset the current loss from operations, the tax benefit of such offset being reflected in operations.

A summary of reclassifications out of each component of AOCL for the three months ended September 30 follows:

AOCL Component
Amount
Reclassified
From
AOCL
Affected Line Item in Condensed
Consolidated Statements of Operations
(In thousands)
2017
 
 
 
Unrealized gains on securities available for sale
 
 
 
$
8
 
Net gains on securities
 
—
 
Net impairment loss recognized in earnings
 
8
 
Total reclassifications before tax
 
3
 
Income tax expense
$
5
 
Reclassifications, net of tax
Unrealized gains on cash flow hedges
 
 
 
$
(5
)
Interest expense
 
(2
)
Income tax expense
$
(3
)
Reclassification, net of tax
$
2
 
Total reclassifications for the period, net of tax
2016
 
 
 
Unrealized gains on securities available for sale
 
 
 
$
15
 
Net gains on securities
 
—
 
Net impairment loss recognized in earnings
 
15
 
Total reclassifications before tax
 
5
 
Income tax expense
$
10
 
Reclassifications, net of tax

A summary of reclassifications out of each component of AOCL for the nine months ended September 30 follows:

AOCL Component
Amount
Reclassified
From
AOCL
Affected Line Item in Condensed
Consolidated Statements of Operations
(In thousands)
2017
 
 
 
Unrealized gains on securities available for sale
 
 
 
$
125
 
Net gains on securities
 
—
 
Net impairment loss recognized in earnings
 
125
 
Total reclassifications before tax
 
44
 
Income tax expense
$
81
 
Reclassifications, net of tax
 
 
AOCL Component
Amount
Reclassified
From
AOCL
Affected Line Item in Condensed
Consolidated Statements of Operations
(In thousands)
Unrealized gains on cash flow hedges
 
 
 
$
(5
)
Interest expense
 
(2
)
Income tax expense
$
(3
)
Reclassification, net of tax
 
 
 
$
78
 
Total reclassifications for the period, net of tax
 
 
 
2016
 
 
 
Unrealized gains on securities available for sale
 
 
 
$
298
 
Net gains on securities
 
—
 
Net impairment loss recognized in earnings
 
298
 
Total reclassifications before tax
 
104
 
Income tax expense
$
194
 
Reclassifications, net of tax

NOTE 23 – ACCUMULATED OTHER COMPREHENSIVE LOSS

A summary of changes in accumulated other comprehensive loss (“AOCL”), net of tax during the years ended December 31 follows:

Unrealized
Gains
(Losses) on
Securities
Available
for Sale
Dispropor-
tionate
Tax Effects
from
Securities
Available
for Sale
Unrealized
Losses on
Settled
Derivatives
Total
2016
 
 
 
 
 
 
 
 
 
 
 
 
Balances at beginning of period
$
(238
)
$
(5,798
)
$
—
 
$
(6,036
)
Other comprehensive loss before reclassifications
 
(2,876
)
 
—
 
 
—
 
 
(2,876
)
Amounts reclassified from AOCL
 
(196
)
 
—
 
 
—
 
 
(196
)
Net current period other comprehensive loss
 
(3,072
)
 
—
 
 
—
 
 
(3,072
)
Balances at end of period
$
(3,310
)
$
(5,798
)
$
—
 
$
(9,108
)
2015
 
 
 
 
 
 
 
 
 
 
 
 
Balances at beginning of period
$
162
 
$
(5,798
)
$
—
 
$
(5,636
)
Other comprehensive loss before reclassifications
 
(351
)
 
—
 
 
—
 
 
(351
)
Amounts reclassified from AOCL
 
(49
)
 
—
 
 
—
 
 
(49
)
Net current period other comprehensive loss
 
(400
)
 
—
 
 
—
 
 
(400
)
Balances at end of period
$
(238
)
$
(5,798
)
$
—
 
$
(6,036
)
2014
 
 
 
 
 
 
 
 
 
 
 
 
Balances at beginning of period
$
(3,200
)
$
(5,798
)
$
(247
)
$
(9,245
)
Other comprehensive income before reclassifications
 
3,570
 
 
—
 
 
—
 
 
3,570
 
Amounts reclassified from AOCL
 
(208
)
 
—
 
 
247
 
 
39
 
Net current period other comprehensive income
 
3,362
 
 
—
 
 
247
 
 
3,609
 
Balances at end of period
$
162
 
$
(5,798
)
$
—
 
$
(5,636
)

The disproportionate tax effects from securities available for sale arose due to tax effects of other comprehensive income (“OCI”) in the presence of a valuation allowance against our deferred tax assets and a pretax loss from operations. Generally, the amount of income tax expense or benefit allocated to operations is determined without regard to the tax effects of other categories of income or loss, such as OCI. However, an exception to the general rule is provided when, in the presence of a valuation allowance against deferred tax assets, there is a pretax loss from operations and pretax income from other categories in the current period. In such instances, income from other categories must offset the current loss from operations, the tax benefit of such offset being reflected in operations.

A summary of reclassifications out of each component of AOCL for the years ended December 31 follows:

AOCL Component
Reclassified
From
AOCL
Affected Line Item in
Consolidated Statements of Operations
(In thousands)
2016
 
 
 
Unrealized gains (losses) on securities available for sale
 
 
 
$
301
 
Net gains on securities
 
—
 
Net impairment loss recognized in earnings
 
301
 
Total reclassifications before tax
 
105
 
Income tax expense
$
196
 
Reclassifications, net of tax
 
 
 
2015
 
 
 
Unrealized gains (losses) on securities available for sale
 
 
 
$
75
 
Net gains on securities
 
—
 
Net impairment loss recognized in earnings
 
75
 
Total reclassifications before tax
 
26
 
Income tax expense
$
49
 
Reclassifications, net of tax
 
 
 
2014
 
 
 
Unrealized gains (losses) on securities available for sale
 
 
 
$
329
 
Net gains on securities
 
(9
)
Net impairment loss recognized in earnings
 
320
 
Total reclassifications before tax
 
112
 
Income tax expense
$
208
 
Reclassifications, net of tax
 
 
 
Unrealized losses on settled derivatives
 
 
 
$
(380
)
Interest expense
 
(133
)
Income tax benefit
$
(247
)
Reclassification, net of tax
$
(39
)
Total reclassifications for the period, net of tax