Rendering

Component: (Network and Table)
Network
2317301 - Disclosure - OTHER COMPREHENSIVE LOSS (Tables)
(http://www.rocklandtrust.com/role/OtherComprehensiveLossTables)
Table(Implied)
Slicers (applies to each fact value in each table cell)
Reporting Entity [Axis]0000776901 (http://www.sec.gov/CIK)
Equity [Abstract]Period [Axis]
2016-01-01 - 2016-12-31
Equity [Abstract]
 
Schedule of Other Comprehensive Loss
The following table presents a reconciliation of the changes in the components of other comprehensive income (loss) for the dates indicated, including the amount of income tax (expense) benefit allocated to each component of other comprehensive income (loss):
 
December 31, 2016
 
Pre Tax
Amount
 
Tax (Expense)
Benefit
 
After Tax
Amount
 
(Dollars in thousands)
Change in fair value of securities available for sale
$
(1,858
)
 
$
710

 
$
(1,148
)
Less: net security losses reclassified into other noninterest income (expense)
(26
)
 
11

 
(15
)
Net change in fair value of securities available for sale
(1,832
)
 
699

 
(1,133
)
Change in fair value of cash flow hedges
1,133

 
(453
)
 
680

Less: net cash flow hedge losses reclassified into interest on borrowings expense (1)
(2,520
)
 
1,030

 
(1,490
)
Net change in fair value of cash flow hedges
3,653

 
(1,483
)
 
2,170

Net unamortized loss related to defined benefit pension and other postretirement adjustments arising during the period
(383
)
 
157

 
(226
)
Amortization of net actuarial losses
238

 
(97
)
 
141

Amortization of net prior service cost
276

 
(113
)
 
163

Net change in other comprehensive income for defined benefit postretirement plans (2)
131

 
(53
)
 
78

Total other comprehensive income
$
1,952

 
$
(837
)
 
$
1,115

 
 
 
 
 
 
 
Year Ended December 31, 2015
 
Pre Tax
Amount
 
Tax (Expense)
Benefit
 
After Tax
Amount
 
(Dollars in thousands)
Change in fair value of securities available for sale
$
(3,757
)
 
$
1,434

 
$
(2,323
)
Less: net security losses reclassified into other noninterest income (expense)
(405
)
 
165

 
(240
)
Net change in fair value of securities available for sale
(3,352
)
 
1,269

 
(2,083
)
Change in fair value of cash flow hedges
(776
)
 
299

 
(477
)
Less: net cash flow hedge losses reclassified into interest on borrowings expense (1)
(2,828
)
 
1,152

 
(1,676
)
Net change in fair value of cash flow hedges
2,052

 
(853
)
 
1,199

Net unamortized gain related to defined benefit pension and other postretirement adjustments arising during the period
438

 
(193
)
 
245

Amortization of net actuarial losses
243

 
(99
)
 
144

Amortization of net prior service cost
294

 
(119
)
 
175

Net change in other comprehensive income for defined benefit postretirement plans (2)
975

 
(411
)
 
564

Total other comprehensive loss
$
(325
)
 
$
5

 
$
(320
)
 

 
Year Ended December 31, 2014
 
Pre Tax
Amount
 
Tax (Expense)
Benefit
 
After Tax
Amount
 
(Dollars in thousands)
Change in fair value of securities available for sale
$
9,095

 
$
(3,570
)
 
$
5,525

Less: net security losses reclassified into other noninterest income
191

 
(78
)
 
113

Net change in fair value of securities available for sale
8,904

 
(3,492
)
 
5,412

Change in fair value of cash flow hedges
(969
)
 
396

 
(573
)
Less: Net cash flow hedge losses reclassified into interest on borrowings expense (1)
(3,662
)
 
1,496

 
(2,166
)
Less: Loss on termination of hedge reclassified into noninterest expense
(1,122
)
 
459

 
(663
)
Net change in fair value of cash flow hedges
3,815

 
(1,559
)
 
2,256

Net unamortized loss related to defined benefit pension and other postretirement adjustments arising during the period
(2,699
)
 
1,103

 
(1,596
)
Net prior service costs related to plan amendment arising during the period
(1,357
)
 
554

 
(803
)
Amortization of net actuarial gains
(44
)
 
18

 
(26
)
Amortization of net prior service cost
102

 
(42
)
 
60

Amortization of net transition obligation
(2
)
 
1

 
(1
)
Net change in other comprehensive income for defined benefit postretirement plans (2)
(4,000
)
 
1,634

 
(2,366
)
Total other comprehensive income
$
8,719

 
$
(3,417
)
 
$
5,302

(1)
Includes the amortization of the remaining balance of a realized but unrecognized gain, net of tax, from the termination of interest rate swaps in June 2009. The original gain of $1.4 million, net of tax, will be recognized in earnings through December 2018, the original maturity date of the swap. The balance of this gain had amortized to $281,000, $427,000, and $571,000 at December 31, 2016, 2015, and 2014, respectively.
(2)
The amortization of prior service costs is included in the computation of net periodic pension costs as disclosed in Note 15 - Employee Benefit Plans.
  
Schedule of Accumulated Other Comprehensive Income (Loss), Net of Tax
Information on the Company's accumulated other comprehensive loss, net of tax, is comprised of the following components as of the periods indicated:
 
Unrealized Gain on Securities
 
Unrealized Loss on Cash Flow Hedge
 
Deferred Gain on Hedge Transactions
 
Defined Benefit Postretirement Plans
 
Accumulated Other Comprehensive Income (Loss)
 
(Dollars in Thousands)
Beginning balance: January 1, 2014
$
(2,023
)
 
$
(5,698
)
 
$
715

 
$
(428
)
 
$
(7,434
)
Net change in other comprehensive income (loss)
5,412

 
2,400

 
(144
)
 
(2,366
)
 
5,302

Ending balance: December 31, 2014
$
3,389

 
$
(3,298
)
 
$
571

 
$
(2,794
)
 
$
(2,132
)
Net change in other comprehensive income (loss)
(2,083
)
 
1,343

 
(144
)
 
564

 
(320
)
Ending balance: December 31, 2015
$
1,306

 
$
(1,955
)
 
$
427

 
$
(2,230
)
 
$
(2,452
)
Net change in other comprehensive income (loss)
(1,133
)
 
2,316

 
(146
)
 
78

 
1,115

Ending balance: December 31, 2016
$
173

 
$
361

 
$
281

 
$
(2,152
)
 
$
(1,337
)