ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)

3 Months Ended

Mar. 31, 2017

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

Schedule of changes in accumulated other comprehensive income (loss) by component, net of tax

The following table presents changes in accumulated other comprehensive income (loss) by component, net of tax for the three months ended March 31, 2017.

	Unrealized		Unrealized Gains
	Gains (Losses)		(Losses) on Securities
	on Securities		Transferred From						Accumulated Other
	Available-For-		Available-For-Sale to				Interest Rate		Comprehensive
(In thousands)	Sale		Held-To-Maturity		Pension Plan		Swaps		Income (Loss)
Beginning Balance December 31, 2016	$	(551)	$	(1,408)	$	(3,823)	$	—	$	(5,782)
Other comprehensive income before reclassifications		106		—		—		—		106
Accretion of unrealized losses of securities transferred from available-for-sale to held-to-maturity recognized in other comprehensive income		—		113		—		—		113
Reclassification adjustments for (gains) losses reclassified into income		(166)		—		72		—		(94)
Net current period other comprehensive (loss) income		(60)		113		72		—		125
Balance March 31, 2017	$	(611)	$	(1,295)	$	(3,751)	$	—	$	(5,657)

The following table presents changes in accumulated other comprehensive income (loss) by component, net of tax for the three months ended March 31, 2016.

	Unrealized		Unrealized Gains
	Gains (Losses)		(Losses) on Securities
	on Securities		Transferred From						Accumulated Other
	Available-For-		Available-For-Sale to				Interest Rate		Comprehensive
(In thousands)	Sale		Held-To-Maturity		Pension Plan		Swaps		Income (Loss)
Beginning Balance December 31, 2015	$	166	$	(2,297)	$	(3,737)	$	(155)	$	(6,023)
Other comprehensive income before reclassifications		2,624		—		—		35		2,659
Accretion of unrealized losses of securities transferred from available-for-sale to held-to-maturity recognized in other comprehensive income		—		127		—		—		127
Reclassification adjustments for losses reclassified into income		—		—		75		—		75
Net current period other comprehensive income		2,624		127		75		35		2,861
Balance March 31, 2016	$	2,790	$	(2,170)	$	(3,662)	$	(120)	$	(3,162)

Schedule of details of the reclassification adjustments

Details about Accumulated Other	Three Months Ended		Three Months Ended
Comprehensive Income Components	March 31,		March 31,		Affected Line Item in the Statement
(In thousands)	2017		2016		Where Net Income is Presented
Realized gains on securities	$	(255)	$	-	Net gains on investment securities
		(255)		-	Total before tax
		89		-	Provision for income taxes
	$	(166)	$	-	Net of tax, increase to net income
Amortization of defined benefit pension plan
	$	110	$	116	Compensation and benefits expense
		110		116	Total before tax
		(38)		(41)	Provision for income taxes
	$	72	$	75	Net of tax, decrease to net income
Total reclassification adjustments	$	(94)	$	75	(Increase)/Decrease to net income