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Accumulated Other Comprehensive Income (Tables)
 6 Months Ended
Jun. 30, 2019
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Reclassification out of accumulated other comprehensive income
The following table presents a summary of the amounts reclassified from accumulated other comprehensive income/ (loss) for the three and six months ended June 30, 2019 and 2018:
Description of component of accumulated other comprehensive income/ (loss)
 
Three months ended June 30,
 
Six months ended June 30,
 
Affected line item in
Statement of Operations
 
2019
 
2018
 
2019
 
2018
 
 
 
(In thousands)
 
(In thousands)
 
 
Net realized gain/ (loss) on cash flow hedges:
 
 
 
 
 
 
 
 
 
 
Hedges related to deposits and borrowings:
 
 
 
 
 
 
 
 
 
 
Pre-tax gain/ (loss)
 
$
191

 
$
263

 
$
502

 
$
284

 
Interest (expense)
Tax (expense)/ benefit
 
(55
)
 
(76
)
 
(146
)
 
(83
)
 
Income tax (expense)/ benefit
Net
 
$
136

 
$
187

 
$
356

 
$
201

 
Net income/ (loss) attributable to the Company
Total reclassifications for the period, net of tax
 
$
136

 
$
187

 
$
356

 
$
201

 
 
Schedule of accumulated other comprehensive income (loss)
On January 1, 2018, the Company elected to early adopt ASU No. 2017-12. As a result, the Company reclassified unrealized losses on cash flow hedges of $5 thousand from accumulated other comprehensive income/ (loss) to beginning retained earnings.
On January 1, 2018, the Company adopted ASU No. 2016-01. As a result, the Company reclassified unrealized gains on equity securities available-for-sale, net of tax, of $339 thousand from accumulated other comprehensive income/ (loss) to beginning retained earnings.
 
Components of accumulated other comprehensive income/ (loss)
 
 
 
Unrealized
gain/ (loss)
on securities
available-for-sale
 
Unrealized
gain/ (loss)
on cash flow
hedges
 
Unrealized
gain/ (loss)
on other
 
Accumulated
other
comprehensive
income/ (loss)
 
(In thousands)
Balance at December 31, 2017
$
(8,140
)
 
$
332

 
$
(850
)
 
$
(8,658
)
Other comprehensive income/ (loss) before reclassifications
(14,848
)
 
712

 
1

 
(14,135
)
Reclassified from other comprehensive income/ (loss)
—

 
(201
)
 
—

 
(201
)
Other comprehensive income/ (loss), net
(14,848
)
 
511

 
1

 
(14,336
)
Reclassification from the adoption of ASUs 2017-12 and 2016-01
$
(339
)
 
$
5

 
$
—

 
$
(334
)
Balance at June 30, 2018
$
(23,327
)
 
$
848

 
$
(849
)
 
$
(23,328
)
 
 
 
 
 
 
 
 
Balance at December 31, 2018
$
(17,556
)
 
$
391

 
$
(554
)
 
$
(17,719
)
Other comprehensive income/ (loss) before reclassifications
22,233

 
(33
)
 
—

 
22,200

Reclassified from other comprehensive income/ (loss)
—

 
(356
)
 
—

 
(356
)
Other comprehensive income/ (loss), net
22,233

 
(389
)
 
—

 
21,844

Balance at June 30, 2019
$
4,677

 
$
2

 
$
(554
)
 
$
4,125