Equity (Tables)

3 Months Ended

Mar. 31, 2018

Equity [Abstract]

Schedule of Accumulated Other Comprehensive Income

Components of accumulated other comprehensive income were as follows for the three months ended March 31:

	2018				2017
	(In thousands)
Unrealized loss on securities, before tax	$	(234	)		$	—
Tax expense	58			(1)	—
Unrealized loss on securities, net of tax	$	(176	)		$	—

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(1) Due to the implementation of ASU 2018-02, the tax rate changed from 37.75% to 24.5%.

Reclassification Out of Accumulated Other Comprehensive Income

Changes in accumulated other comprehensive income by component, net of tax, for the three months ended March 31 are as follows:

	Net Gains on Equity Securities
	2018				2017
	(In thousands)
Balance at December 31, 2017	$	63			$	—
Adjustment due to ASU 2018-02	13			(1)	—
Balance at January 1:	76				—
Unrealized loss before reclassifications	(176		)	(1)	—
Amounts reclassified from accumulated other comprehensive income	—				—
Net current-period other comprehensive income	(176		)		—
Balance at March 31:	$	(100	)		$	—

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(1) Due to the implementation of ASU 2018-02, the tax rate changed from 37.75% to 24.5%.