Accumulated Other Comprehensive Income

3 Months Ended

Mar. 31, 2020

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

The following table presents a summary of the amounts reclassified from Accumulated other comprehensive income/ (loss) for the three months ended March 31, 2020 and 2019:

Description of component of Accumulated other comprehensive income/(loss)	Three months ended March 31,				Affected line item in Statement of Operations
	2020		2019
	(In thousands)
Net realized gain/(loss) on cash flow hedges:
Hedges related to deposits:
Pre-tax gain/(loss)	$	—	$	(311)	Interest (expense)
Tax (expense)/ benefit	—		(91)		Income tax (expense)/benefit
Net	$	—	$	(220)	Net income/(loss) attributable to the Company
Total reclassifications for the period, net of tax	$	—	$	(220)

The following table presents the after-tax changes in the components of the Company’s Accumulated other comprehensive income/(loss) for the three months ended March 31, 2020 and 2019:

	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, 2018	$	(17,556)	$	391	$	(554)	$	(17,719)
Other comprehensive income/(loss) before reclassifications	11,568		(27)		—		11,541
Reclassified from other comprehensive income/(loss)	—		(220)		—		(220)
Other comprehensive income/(loss), net	11,568		(247)		—		11,321
Balance at March 31, 2019	$	(5,988)	$	144	$	(554)	$	(6,398)
Balance at December 31, 2019	$	8,435	$	—	$	(860)	$	7,575
Other comprehensive income/(loss) before reclassifications	14,489		—		—		14,489
Other comprehensive income/(loss), net	14,489		—		—		14,489
Balance at March 31, 2020	$	22,924	$	—	$	(860)	$	22,064