Sun Bancorp (SNBC) 10-K 10 Mar 17 2016 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Mar. 09, 2017	Jun. 30, 2016
Document And Entity Information [Abstract]
Document Type	10-K
Amendment Flag	false
Document Period End Date	Dec. 31, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	FY
Trading Symbol	SNBC
Entity Registrant Name	SUN BANCORP INC /NJ/
Entity Central Index Key	1,017,793
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	No
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding		18,966,481
Entity Public Float			$ 217.8

Consolidated Statements of Fina

Consolidated Statements of Financial Condition - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
ASSETS
Cash and due from banks	$ 19,645	$ 21,836
Interest-earning bank balances	114,563	182,479
Cash and cash equivalents	134,208	204,315
Restricted cash	5,000	5,000
Investment securities available for sale (amortized cost of $300,028 and $285,838 at December 31, 2016 and 2015, respectively)	295,686	282,875
Investment securities held to maturity (estimated fair value of $250 at December 31, 2016 and 2015)	250	250
Loans receivable (net of allowance for loan losses of $15,541 and $18,008 at December 31, 2016 and 2015, respectively)	1,594,377	1,530,501
Restricted equity investments, at cost	15,791	15,733
Bank properties and equipment, net	30,148	31,596
Real estate owned, net		281
Accrued interest receivable	5,122	4,657
Goodwill	38,188	38,188
Bank owned life insurance (BOLI)	83,109	81,175
Deferred taxes, net	51,573
Other assets	8,810	16,013
Total assets	2,262,262	2,210,584
LIABILITIES
Deposits	1,741,363	1,746,102
Advances from the Federal Home Loan Bank of New York (FHLBNY)	85,416	85,607
Obligation under capital lease	6,292	6,698
Junior subordinated debentures	92,786	92,786
Deferred taxes, net		1,524
Other liabilities	16,696	21,479
Total liabilities	1,942,553	1,954,196
Commitments and contingencies (see Note 16)
SHAREHOLDERS’ EQUITY
Preferred stock, $1 par value, 1,000,000 shares authorized, none issued
Common stock, $5 par value, 40,000,000 shares authorized; 19,030,704 shares issued and 18,922,726 shares outstanding at December 31, 2016; 18,910,829 shares issued and 18,693,091 shares outstanding at December 31, 2015	95,154	94,554
Additional paid-in capital	508,593	510,659
Retained deficit	(276,501)	(337,542)
Accumulated other comprehensive loss	(2,568)	(1,752)
Deferred compensation plan trust	(1,160)	(1,122)
Treasury stock at cost, 107,978 shares at December 31, 2016; and 217,738 at December 31, 2015	(3,809)	(8,409)
Total shareholders’ equity	319,709	256,388
Total liabilities and shareholders’ equity	$ 2,262,262	$ 2,210,584

Consolidated Statements of Fin3

Consolidated Statements of Financial Condition (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Statement Of Financial Position [Abstract]
Amortized cost of investment securities available for sale	$ 300,028	$ 285,838
Estimated fair value of investment securities held to maturity	250	250
Allowance for loans receivable	$ 15,541	$ 18,008
Preferred stock, par value	$ 1	$ 1
Preferred stock, shares authorized	1,000,000	1,000,000
Preferred stock, shares issued	0	0
Common stock, par value	$ 5	$ 5
Common stock, shares authorized	40,000,000	40,000,000
Common stock, shares issued	19,030,704	18,910,829
Common stock, shares outstanding	18,922,726	18,693,091
Treasury stock, shares	107,978	217,738

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
INTEREST INCOME
Interest and fees on loans	$ 62,014	$ 61,271	$ 79,427
Interest on taxable investment securities	6,715	7,268	8,715
Interest on non-taxable investment securities		851	1,232
Dividends on restricted equity investments	881	818	838
Total interest income	69,610	70,208	90,212
INTEREST EXPENSE
Interest on deposits	5,958	5,337	8,358
Interest on funds borrowed	2,173	2,073	1,753
Interest on junior subordinated debentures	2,575	2,200	2,150
Total interest expense	10,706	9,610	12,261
Net interest income	58,904	60,598	77,951
(REVERSAL OF) PROVISION FOR LOAN LOSSES	(1,682)	(3,280)	14,803
Net interest income after (reversal of) provision for loan losses	60,586	63,878	63,148
NON-INTEREST INCOME
Service charges on deposit accounts	6,221	6,988	9,782
Interchange fees	1,905	2,115	2,357
Gain on sale of bank branches		10,553
Net gain (loss) on sale of loans	101	1,444	(327)
Net gain on sales and calls of investment securities	426	1,468	50
Investment products income	1,707	2,025	2,447
BOLI income	1,934	2,043	1,896
Other income	1,095	989	1,558
Total non-interest income	13,389	27,625	17,763
NON-INTEREST EXPENSE
Salaries and employee benefits	34,971	37,013	51,814
Occupancy expense	8,988	12,811	16,230
Equipment expense	4,786	8,417	7,287
Data processing expense	4,503	5,018	4,979
Professional fees	2,246	3,230	6,487
Insurance expense	2,164	4,528	5,567
Advertising expense	1,660	1,520	2,062
Problem loan expense	411	1,259	2,039
Other expense	5,224	6,290	12,937
Total non-interest expense	64,953	80,086	109,402
INCOME (LOSS) BEFORE INCOME TAXES	9,022	11,417	(28,491)
INCOME TAX (BENEFIT) EXPENSE	(52,395)	1,197	1,317
NET INCOME (LOSS) AVAILABLE TO COMMON SHAREHOLDERS	$ 61,417	$ 10,220	$ (29,808)
Basic earnings (loss) per common share	$ 3.26	$ 0.55	$ (1.67)
Diluted earnings (loss) per common share	$ 3.24	$ 0.55	$ (1.67)
Weighted average common shares – basic	18,843,077	18,648,339	17,830,018
Weighted average common shares – diluted	18,933,330	18,710,159	17,830,018

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Statement Of Income And Comprehensive Income [Abstract]
NET INCOME (LOSS) AVAILABLE TO COMMON SHAREHOLDERS	$ 61,417	$ 10,220	$ (29,808)
Unrealized (loss) gain on securities:
Unrealized holding (loss) gain arising during period	(793)	(746)	6,947
Reclassification adjustment for gains included in net income	(23)	(868)	(30)
Other comprehensive (loss) income	(816)	(1,614)	6,917
COMPREHENSIVE INCOME (LOSS)	$ 60,601	$ 8,606	$ (22,891)

Consolidated Statements of Shar

Consolidated Statements of Shareholders' Equity - USD ($) $ in Thousands	Total	Common Stock [Member]	Additional Paid-In Capital [Member]	Retained Deficit [Member]	Accumulated Other Comprehensive (Loss) Income [Member]	Deferred Compensation Plan Trust [Member]	Treasury Stock [Member]
Beginning Balance at Dec. 31, 2013	$ 245,337	$ 88,711	$ 506,719	$ (317,954)	$ (7,055)	$ (522)	$ (24,562)
Net income (loss)	(29,808)			(29,808)
Other comprehensive income (loss)	6,917				6,917
Exercise of stock options	16		(75)				91
Capital Raise	20,000	5,666	14,334
Issuance of common stock	1,991	127	(6,130)			(77)	8,071
Stock-based compensation	870		(773)				1,643
Ending Balance at Dec. 31, 2014	245,323	94,504	514,075	(347,762)	(138)	(599)	(14,757)
Net income (loss)	10,220			10,220
Other comprehensive income (loss)	(1,614)				(1,614)
Exercise of stock options	15		(53)				68
Issuance of common stock	462	50	(5,058)			(523)	5,993
Stock-based compensation	1,982		1,695				287
Ending Balance at Dec. 31, 2015	256,388	94,554	510,659	(337,542)	(1,752)	(1,122)	(8,409)
Net income (loss)	61,417			61,417
Other comprehensive income (loss)	(816)				(816)
Exercise of stock options	71		(88)				159
Issuance of common stock	496	600	(4,507)			(38)	4,441
Stock-based compensation	2,529		2,529
Dividends paid to common shareholders	(376)			(376)
Ending Balance at Dec. 31, 2016	$ 319,709	$ 95,154	$ 508,593	$ (276,501)	$ (2,568)	$ (1,160)	$ (3,809)

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
OPERATING ACTIVITIES
Net income (loss)	$ 61,417	$ 10,220	$ (29,808)
Adjustments to reconcile net income to net cash (used in) provided by operating activities:
(REVERSAL OF) PROVISION FOR LOAN LOSSES	(1,682)	(3,280)	14,803
Increase in off-balance sheet reserves	446	701	149
Depreciation, amortization and accretion	3,055	7,599	7,142
Impairment of bank properties and equipment and real estate owned		2,666	1,059
Gain on sales and calls of investment securities	(426)	(1,468)	(50)
Loss (gain) on other real estate owned	15	(43)	541
Decrease in fair value of interest rate lock commitments			119
Gain on sale of mortgage loans			(1,844)
Gain on sale of jumbo residential mortgage loans, net			(134)
Gain on sale of consumer loans	(101)	(1,444)	(459)
Gain on sale of branches		(10,553)
Mark-to-market on loans held-for-sale			1,098
Increase in cash surrender value of BOLI	(1,934)	(2,043)	(1,896)
Deferred income taxes	(52,533)	1,124	1,313
Stock-based compensation	2,529	1,982	871
Shares contributed to employee benefit plans			2,141
Mortgage loans originated for sale			(77,752)
Proceeds from the sale of mortgage loans			93,340
Change in assets and liabilities which provided (used) cash:
Accrued interest receivable	(465)	740	1,715
Other assets	2,534	(4,272)	848
Other liabilities	(949)	(3,535)	844
Net cash provided by (used in) operating activities	11,906	(1,606)	14,040
INVESTING ACTIVITIES
Purchases of available for sale investment securities	(98,971)	(13,757)	(33,630)
Net (purchase) redemption of restricted equity securities	(58)	(772)	2,058
Proceeds from maturities, prepayments or calls of investment securities available for sale	50,326	66,288	62,194
Proceeds from maturities, prepayments or calls of investment securities held to maturity		37	189
Proceeds from sale of investment securities available for sale	35,744	57,798	28,276
Proceeds from the sale of commercial and consumer loans	1,809	10,749	72,829
Proceeds from the sale of jumbo residential mortgage loans			59,482
Proceeds from the sale of repossessed assets			138
Proceeds from the sale of branch		11,578
Proceeds from the sale of branch loans		63,756
Proceeds from the sale of bank properties and equipment	150	4,387
Transfer of restricted cash to cash and cash equivalents		8,000	13,000
Net (increase) decrease in loans	(63,535)	(45,208)	405,617
Purchases of bank properties and equipment	(2,167)	(1,012)	(2,116)
Cash transferred to held-for-sale			(1,064)
Proceeds from sale of real estate owned	266	1,050	1,554
Net cash (used in) provided by investing activities	(76,436)	162,894	608,527
FINANCING ACTIVITIES
Net decrease in deposits	(4,675)	(345,658)	(362,125)
Cash paid in sale of deposits		(183,690)
Cash dividends paid to shareholders	(376)
Net redemptions of securities sold under agreements to repurchase – customer		(1,156)	678
(Repayments) borrowings of advances from FHLBNY	(191)	24,820	(169)
Repayment of obligation under capital lease	(406)	(337)	(296)
Proceeds from issuance of common stock		600	20,000
Proceeds from exercise of stock options	71	15	16
Net cash used in financing activities	(5,577)	(505,406)	(341,896)
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS	(70,107)	(344,118)	280,671
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR	204,315	548,433	267,762
CASH AND CASH EQUIVALENTS, END OF YEAR	134,208	204,315	548,433
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION
Interest paid	10,598	9,744	12,633
Income taxes paid	$ 114
SUPPLEMENTAL DISCLOSURE OF NON-CASH ITEMS
Transfer of loans and bank properties to real estate owned		$ 908	$ 945

Nature of Operations

Nature of Operations	12 Months Ended
	Dec. 31, 2016
Accounting Policies [Abstract]
Nature of Operations	1. NATURE OF OPERATIONS Sun Bancorp, Inc. (the “Company”) is registered as a bank holding company under the Bank Holding Company Act of 1956, as amended. The Company is the parent company of Sun National Bank (the “Bank”), a national bank and the Company’s principal wholly owned subsidiary. The Bank’s wholly owned subsidiaries are Prosperis Financial Solutions, LLC, 2020 Properties, L.L.C. and 4040 Properties, L.L.C. The Company’s principal business is to serve as a holding company for the Bank. The Bank is in the business of attracting customer deposits through its Community Banking Centers and investing these funds, together with borrowed funds and cash from operations, in loans, primarily commercial real estate, small business non-real estate loans, as well as mortgage-backed and investment securities. The principal business of Prosperis Financial Solutions, LLC is to offer mutual funds, securities brokerage, annuities and investment advisory services through the Bank’s Community Banking Centers. The principal business of 2020 Properties, L.L.C. and 4040 Properties, L.L.C. is to acquire and thereafter liquidate certain real estate and other assets in satisfaction of debts previously contracted by the Bank. The Company’s five capital trusts, Sun Capital Trust V, Sun Capital Trust VI, Sun Capital Trust VII, Sun Statutory Trust VII and Sun Capital Trust VIII, collectively, the “Issuing Trusts,” are presented on a deconsolidated basis. The Issuing Trusts, consisting of four Delaware business trusts and one Connecticut business trust, hold junior subordinated debentures issued by the Company. Through the Bank, the Company provides commercial and consumer banking services. As of December 31, 2016, the Company had 35 locations primarily throughout New Jersey including 30 branch offices. The Company also has headquarters, back office and loan production locations, including one loan production office located in New York. The Company’s outstanding common stock is traded on the NASDAQ Global Select Market under the symbol “SNBC.” The Company is subject to the reporting requirements of the Securities and Exchange Commission (“SEC”). The Company’s primary federal regulator is the Board of Governors of the Federal Reserve System (the “FRB”) and the Bank’s primary federal regulator is the Office of the Comptroller of the Currency (the “OCC”).

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2016
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation. The accounting and reporting policies conform to accounting principles generally accepted in the United States of America (“GAAP”) and to general practices in the banking industry. The preparation of the consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of income and expense during the reporting period. The significant estimates include the allowance for loan losses, other-than-temporary impairment (“OTTI”) on investment securities, goodwill, income taxes, stock-based compensation, and the fair value of financial instruments. Actual results may differ from these estimates. Basis of Consolidation. The consolidated financial statements include, after all intercompany balances and transactions have been eliminated, the accounts of the Company, its principal wholly owned subsidiary, the Bank, and the Bank’s wholly owned subsidiaries, Prosperis Financial Solutions, LLC, 2020 Properties, L.L.C., and 4040 Properties, L.L.C. In accordance with Financial Accounting Standards Board Accounting Standards Codification (“FASB ASC”) 810, Consolidation, the Issuing Trusts are deconsolidated. See Note 13 of the Notes to Consolidated Financial Statements for additional information on the Company’s participation in the Issuing Trusts. Segment Information. As defined in accordance with FASB ASC 280, Segment Reporting (FASB ASC 280), the Company has one reportable and operating segment, “Community Banking.” All of the Company’s activities are interrelated, and each activity is dependent and assessed based on how each of the activities of the Company supports the others. For example, lending is dependent upon the ability of the Company to fund itself with deposits and other borrowings and manage interest rate and credit risk. Accordingly, all significant operating decisions are based upon analysis of the Company as one segment or unit. Cash and Cash Equivalents. Cash and cash equivalents includes cash and amounts due from banks, interest-earning bank balances and federal funds sold, all of which have original maturity dates of 90 days or less. Restricted Cash. Restricted cash includes cash held as collateral against customer letters of credit held with another bank. 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued) Investment Securities. The Company’s investment portfolio includes both held-to-maturity and available-for-sale securities. The purchase and sale of the Company’s investment securities are recorded based on trade date accounting. At December 31, 2016 and 2015, the Company had no unsettled transactions. The following provides further information on the Company’s accounting for debt securities: Held-to-Maturity - Investment securities that management has the positive intent and ability to hold until maturity are classified as held-to-maturity and carried at their remaining unpaid principal balance, net of unamortized premiums or unaccreted discounts. Premiums are amortized and discounts are accreted using the interest method over the estimated remaining term of the underlying security. Available-for-Sale - Investment securities that will be held for indefinite periods of time, including securities that may be sold in response to changes in market interest or prepayment rates, needs for liquidity, and changes in the availability and the yield of alternative investments, are classified as available-for-sale. These assets are carried at their estimated fair value. Fair values are based on quoted prices for identical assets in active markets, quoted prices for similar assets in markets that are either actively or not actively traded, or in some cases where there is limited activity or less transparency around inputs, internally developed discounted cash flow models. Unrealized gains and losses are excluded from earnings and are reported net of tax in accumulated other comprehensive loss on the consolidated statements of financial condition until realized, including those recognized through the non-credit component of an OTTI charge. In accordance with FASB ASC 325-40, Beneficial Interests in Securitized Financial Assets Investment - Debt and Equity Securities Deferred Loan Fees. Loan fees on loans held-for-investment, net of certain direct loan origination costs, are deferred and the balance is amortized to income as a yield adjustment over the life of the loan using the interest method. Allowance for Loan Losses. The allowance for loan losses is determined by management based upon past experience, evaluation of estimated loss and impairment in the loan portfolio, current economic conditions and other pertinent factors. The allowance for loan losses is maintained at a level that management considers adequate to provide for estimated losses and impairment based upon an evaluation of known and inherent risk in the loan portfolio. Loan impairment is evaluated based on the fair value of collateral less estimated selling costs. While management uses the best information available to make such evaluations, future adjustments to the allowance may be necessary if economic conditions differ substantially from the assumptions used in making the evaluations. 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued) The provision for loan losses is based upon historical loan loss experience, a series of qualitative factors and an evaluation of estimated losses in the current loan portfolio, including the evaluation of impaired loans under FASB ASC 310, Receivables • Levels of past due, classified and non-accrual loans, and troubled debt restructurings • Nature, volume and concentrations of loans • Historical loss trends • Changes in lending policies and procedures, underwriting standards, collections, and for commercial loans, the level of loans being approved with exceptions to policy • Experience, ability and depth of management and staff • National and local economic and business conditions, including various market segments • Quality of the Company’s loan review system and degree of Board oversight; and • Effect of external factors, including the deterioration of collateral values, on the level of estimated credit losses in the current portfolio Commercial loans, including commercial real estate loans, are placed on non-accrual status at the time the loan has been delinquent for 90 days unless the loan is well secured and in the process of collection. Generally, commercial loans, including commercial real estate loans, are charged-off no later than 180 days after becoming delinquent unless the loan is well secured and in the process of collection, or other extenuating circumstances support collection. Residential real estate loans are typically placed on non-accrual status at the time the loan has been delinquent for 90 days. Other consumer loans are typically charged-off at 180 days delinquent. In all cases, loans must be placed on non-accrual status or charged-off at an earlier date if collection of principal or interest is considered doubtful. Restricted Equity Securities. Certain securities are classified as restricted equity securities because ownership is restricted and there is not an established market for their resale. These securities are carried at cost and are evaluated for impairment on a quarterly basis. Bank Properties and Equipment. Land is carried at cost. Bank properties and equipment are stated at cost, less accumulated depreciation. Depreciation, which is recorded in equipment expense on the consolidated statements of operations, is computed by the straight-line method based on the estimated useful lives of the assets, generally as follows: Asset Type Estimated Useful Life Buildings 40 years Leasehold improvements Lesser of the useful life or the remaining lease term, including renewals, if applicable Furniture, Fixtures and Equipment Three to 10 years Computer Software Three years 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued) Goodwill. Goodwill is the excess of the fair value of liabilities assumed over the fair value of tangible and identifiable intangible assets acquired in a business combination. Goodwill is not amortized but is tested for impairment annually or more frequently if events or changes in circumstances indicate that the asset might be impaired. The Company tests goodwill for impairment annually as of December 31, unless circumstances indicate that a test is required at an earlier date. The Company elected to not apply the qualitative evaluation option permitted under Accounting Standards Update (“ASU”) 2011-8, Intangibles – Goodwill and Other (Topic 35): Testing Goodwill for Impairment issued in September 2011. Therefore, the Company utilizes the two-step goodwill impairment test outlined in FASB ASC 350, Intangibles – Goodwill and Other (“FASB ASC 350”) . Step one, which is used to identify potential impairment, compares the fair value of the reporting unit with its carrying amount, including goodwill. A reporting unit is an operating segment, or one level below an operating segment, as defined in FASB ASC 280. The Company has one reportable operating segment, “Community Banking,” and there are no components to this operating segment. If the fair value of a reporting unit exceeds its carrying value, goodwill of the reporting unit is not considered impaired and step two is therefore unnecessary. If the carrying amount of the reporting unit exceeds its fair value, the second step is performed to measure the amount of the impairment loss, if any. At each of December 31, 2016 and December 31, 2015, the Company performed its annual goodwill impairment test, and step one of the analysis indicated that the Company’s fair value was greater than its carrying value. Therefore, the Company’s goodwill was not impaired at December 31, 2016 and 2015. The carrying amount of goodwill totaled $38.2 million at December 31, 2016 and 2015. Bank Owned Life Insurance (“BOLI”). The Company has purchased life insurance policies on certain key employees. These policies are recorded at their cash surrender value, or the amount that can be realized in accordance with FASB ASC 325-30, Investments in Insurance Contract s. At December 31, 2016, the Company had $28.5 million invested in a general account and $54.6 million in a separate account, for a total BOLI cash surrender value of $83.1 million. The BOLI separate account is invested in a mortgage-backed securities fund, which is managed by an independent investment firm. Pricing volatility of these underlying instruments may have an impact on investment income; however, the fluctuations would be partially mitigated by a stable value wrap agreement which is a component of the separate account. Income from these policies and changes in the cash surrender value are recorded in BOLI income of the consolidated statements of operations. Accounting for Derivative Financial Instruments and Hedging Activities. The Company recognizes all derivative instruments at fair value as either assets or liabilities in other assets or other liabilities in the consolidated statements of financial condition. The accounting for changes in the fair value of a derivative instrument depends on whether it has been designated and qualifies as part of a hedging relationship. For derivatives not designated as hedges, the gain or loss is recognized in current earnings. The Company’s derivative financial instruments are not exchange-traded and therefore are valued utilizing models that use as their basis readily observable market parameters, specifically the LIBOR swap curve. Accumulated Other Comprehensive Loss. The Company classifies items of accumulated other comprehensive loss by their nature and displays the details of other comprehensive loss in the consolidated statement of comprehensive income (loss). Amounts categorized as accumulated other comprehensive loss represent net unrealized gains or losses on investment securities available for sale, net of tax and the non-credit portion of any OTTI loss not recorded in earnings. Reclassifications are made to avoid double counting items which are displayed as part of net income (loss) for the period. These reclassifications for the years ended December 31, 2016, 2015 and 2014 are as follows: DISCLOSURE OF RECLASSIFICATION AMOUNTS, NET OF TAX Years Ended December 31, 2016 2015 2014 Pre-tax Tax After-tax Pre-tax Tax After-tax Pre-tax Tax After-tax Unrealized holding (loss) gain on securities available for sale during the year $ (1,340 ) $ 547 $ (793 ) $ (1,262 ) $ 516 $ (746 ) $ 11,743 $ (4,796 ) $ 6,947 Reclassification adjustment for net gain included in net income (1) (39 ) 16 (23 ) (1,468 ) 600 (868 ) (50 ) 20 (30 ) Net unrealized (loss) gain on securities available for sale $ (1,379 ) $ 563 $ (816 ) $ (2,730 ) $ 1,116 $ (1,614 ) $ 11,693 $ (4,776 ) $ 6,917 (1) All pre-tax amounts are included in non-interest income in the consolidated statements of operations. 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued) Treasury Stock. Stock held in treasury by the Company is accounted for using the cost method which treats stock held in treasury as a reduction to total shareholders’ equity. At December 31, 2016 and 2015, the Company held 107,978 and 217,738 shares of treasury stock, respectively. Stock-Based Compensation. The Company accounts for stock-based compensation issued to employees, and when appropriate, non-employees, in accordance with the fair value recognition provisions of FASB ASC 718, Compensation - Stock Compensation, (“FASB ASC 718”). Under the fair value provisions of FASB ASC 718, stock-based compensation cost is measured at the grant date based on the fair value of the award and is recognized as expense over the appropriate vesting period using the straight-line method. However, consistent with FASB ASC 718, the amount of stock-based compensation cost recognized at any date must at least equal the portion of the grant date value of the award that is vested at that date and, as a result, it may be necessary to recognize the expense using a ratable method. Although the provisions of FASB ASC 718 should generally be applied to non-employees, FASB ASC 505-50, Equity-Based Payments to Non-Employees , is used in determining the measurement date of the compensation expense for non-employees. Determining the fair value of stock-based awards at the measurement date requires judgment, including estimating the expected term of the stock options and the expected volatility of the Company’s stock. In addition, judgment is required in estimating the amount of stock-based awards that are expected to be forfeited. The Company’s stock-based incentive plan authorizes the issuance of shares of common stock pursuant to awards that may be granted in the form of stock options to purchase common stock (“Options”) and awards of shares of common stock (“Stock Awards”). The purpose of the Company’s stock-based incentive plan is to give the Company a competitive advantage in attracting, retaining, and motivating officers, employees, directors, and consultants and to provide the Company and its subsidiaries and affiliates with a compensation plan providing incentives for future performance of services directly linked to the profitability of the Company’s businesses and increases in Company shareholder value. Under the Company’s stock-based incentive plan, Options expire ten years after the date of grant, unless terminated earlier under the Option’s terms. For both Options and Stock Awards, a committee of non-employee directors has the authority to determine the conditions upon which the Options or Stock Awards granted will vest. In accordance with FASB ASC 718, the fair value of the Options granted is estimated on the date of grant using the Black-Scholes option pricing model which uses the assumptions noted in the table below. The expected term of an Option is estimated using historical exercise behavior of employees at a particular level of management who were granted Options with a comparable term. The Options have historically been granted a 10 year term. The risk-free interest rate is based on the U.S. Treasury yield curve in effect at the time of the grant. The expected volatility is based on the historical volatility of the Company’s stock price. Significant weighted average assumptions used to calculate the fair value of the Options for the years ended December 31, 2016, 2015 and 2014 are as follows: WEIGHTED AVERAGE ASSUMPTIONS USED IN BLACK-SCHOLES OPTION PRICING MODEL Years Ended December 31, 2016 2015 2014 Fair value of Options granted during the year $ 5.90 $ 6.16 $ 8.70 Risk-free rate of return 1.29 % 1.35 % 1.32 % Expected term in months 50 46 54 Expected volatility 33 % 40 % 54 % Expected dividends (1) $ — $ — $ — (1) The Company did not declare cash dividends on its common stock prior to the options granted in 2016. Future option grants will include a dividend assumption. At December 31, 2016, the Company had one stock-based compensation plan, which is described more fully in Note 14. Interest Income on Loans. Interest income on loans is credited to operations based upon the principal amount outstanding. Interest accruals are generally discontinued when a loan becomes 90 days past due, or when principal or interest is considered doubtful of collection. When interest accruals are discontinued or unpaid, interest credited to income in the current year is reversed and unpaid interest accrued in the prior year is charged to the allowance for loan losses. Any interest payments received while interest accruals are discontinued are applied to the principal balance of the loan. 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued) Income Taxes. The Company accounts for income taxes in accordance with FASB ASC 740, Income Taxes (“FASB ASC 740”). FASB ASC 740 requires the recording of deferred income taxes that reflect the net tax effects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes. Management exercises significant judgment in the evaluation of the amount and timing of the recognition of the resulting tax assets and liabilities. The judgments and estimates required for the evaluation are updated based upon changes in business factors and the tax laws. If actual results differ from the assumptions and other considerations used in estimating the amount and timing of tax recognized, there can be no assurance that additional expenses will not be required in future periods. The Company recognizes, when applicable, interest and penalties related to unrecognized tax benefits in the provision for income taxes in the consolidated statements of operations. Assessment of uncertain tax positions under FASB ASC 740 requires careful consideration of the technical merits of a position based on management’s analysis of tax regulations and interpretations. Significant judgment is applied when addressing the requirements of FASB ASC 740. In determining whether to establish or maintain a valuation allowance against a deferred tax asset, the Company reviews available evidence to determine whether it is more likely than not that all or a portion of the Company’s net deferred tax assets will be realized in future periods. Consideration is given to various positive and negative factors that could affect the realization of the net deferred tax assets. In making such a determination, the Company considers, among other things, future reversals of existing taxable temporary differences, projected future taxable income, tax-planning strategies, historical financial performance, the ability to carry back losses to recoup taxes previously paid, the length of statutory carry forward periods, experience with operating loss and tax credit carry forwards not expiring unused. If the Company determines that it would be able to realize its deferred tax assets in the future in excess of their net recorded amount, the Company would make an adjustment to the deferred tax asset valuation allowance, which would reduce the provision for income taxes. See Note 18 for additional information on the Company’s application of FASB ASC 740. Earnings (Loss) Per Common Share. Basic earnings (loss) per share is computed by dividing net income (loss) available to common shareholders by the weighted average number of shares of common stock outstanding, net of any treasury shares, during the period. Diluted earnings (loss) per share is calculated by dividing net income available to common shareholders by the weighted average number of shares of common stock outstanding, net of any treasury shares, after consideration of the potential dilutive effect of common stock equivalents, based upon the treasury stock method using an average market price of common shares sold during the period. Dilution is not considered when the Company is in a net loss position. Recent Accounting Principles. In November 2016, The FASB issued ASU 2016-18: Statement of Cash Flows (Topic 230) : Restricted Cash. The amendments in this Update require that a statement of cash flows explain the change during the period in the total of cash, cash equivalents, and amounts generally described as restricted cash or restricted cash equivalents when reconciling the beginning-of-period and end-of-period total amounts shown on the statement of cash flows. The amendments in this Update apply to all entities that have restricted cash or restricted cash equivalents and are required to present a statement of cash flows under Topic 230. The amendments in this Update are effective for public business entities for fiscal years beginning after December 15, 2017, and interim periods within those fiscal years. Early adoption is permitted, including adoption in an interim period. If early an entity early adopts the amendments in an interim period, any adjustment should be reflected as of the beginning of the fiscal year that includes that interim period. The Company is currently evaluating the adoption of this accounting standards update on its financial statements. 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued) In August 2016, the FASB issued ASU 2016-15: Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments In June 2016, the FASB issued ASU 2016-13: Financial Instruments-Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments In March 2016, the FASB issued ASU 2016-09: Compensation — Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting In February 2016, the FASB issued ASU 2016-02: Leases (Topic 842) 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued) In January 2016, the FASB issued ASU 2016-01: Financial Instruments- Overall (Subtopic 825-10) In August 2014, the FASB issued ASU 2014-15: Presentation of Financial Statements – Going Concern (Subtopic 205-40): Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern In May 2014, the FASB issued ASU 2014-09: Revenue from Contracts with Customers (Topic 606): Summary and Amendments That Create Revenue from Contracts with Customers (Topic 606) and Other Assets and Deferred Costs-Contracts with Customers (Subtopic 340-40), Conforming Amendments to Other Topics and Subtopics in the Codification and Status Tables, Background Information and Basis for Conclusions

Branch Sales and Consolidations

Branch Sales and Consolidations	12 Months Ended
	Dec. 31, 2016
Branch Sales [Abstract]
Branch Sales and Consolidations	3. BRANCH SALES AND CONSOLIDATIONS On March 6, 2015, the Company sold seven branch offices to Sturdy Savings Bank. In accordance with the sale, the Company sold $153.3 million of deposits, $63.8 million of loans, $4.0 million of fixed assets and $897 thousand of cash. The transaction resulted in a net cash payment of approximately $71.5 million by the Company to Sturdy Savings Bank. After transaction costs, the sale resulted in a net gain of $9.2 million in the year ended December 31, 2015 which was recorded in gain on sale of bank branches in the audited condensed consolidated statements of operations. On August 28, 2015, the Company sold its Hammonton branch location to Cape Bank. In accordance with the sale, the Company sold $32.0 million in deposits, $4.8 million in loans, $354 thousand in fixed assets and $143 thousand of cash. The transaction resulted in a net cash payment of approximately $25.5 million by the Company to Cape Bank. After transaction costs, the sale resulted in a net gain of $1.3 million which was recorded in gain on sale of bank branches in the consolidated statements of operations During 2015, the Company closed five leased and four owned branch offices. The Company recognized $3.5 million in expenses as a result of these closures. During 2014, the Company closed four leased branch offices. The Company recognized $293 thousand in expenses as a result of these closures.

Investment Securities

Investment Securities	12 Months Ended
	Dec. 31, 2016
Investments Debt And Equity Securities [Abstract]
Investment Securities	4. INVESTMENT SECURITIES The amortized cost of investment securities and the approximate fair value at December 31, 2016 and 2015 were as follows: SUMMARY OF INVESTMENT SECURITIES Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Estimated Fair Value December 31, 2016 Available for sale: U.S. Treasury securities $ 2,498 $ — $ — $ 2,498 U.S. Government agency securities — — — — U.S. Government agency mortgage-backed securities 246,535 583 (2,574 ) 244,544 Other mortgage-backed securities 115 — (1 ) 114 Trust preferred securities 12,023 — (2,172 ) 9,851 Collateralized loan obligations 37,471 8 (160 ) 37,319 Other securities 1,386 — (26 ) 1,360 Total available for sale 300,028 591 (4,933 ) 295,686 Held to maturity: Other securities 250 — — 250 Total held to maturity 250 — — 250 Total investment securities $ 300,278 $ 591 $ (4,933 ) $ 295,936 December 31, 2015 Available for sale: U.S. Treasury securities $ 2,494 $ — $ (10 ) $ 2,484 U.S. Government agency securities 4,976 — (74 ) 4,902 U.S. Government agency mortgage-backed securities 205,586 1,082 (1,156 ) 205,512 Other mortgage-backed securities 183 — (1 ) 182 Trust preferred securities 12,018 — (1,844 ) 10,174 Collateralized loan obligations 59,956 — (960 ) 58,996 Other securities 625 — — 625 Total available for sale 285,838 1,082 (4,045 ) 282,875 Held to maturity: Other securities 250 — — 250 Total held to maturity 250 — — 250 Total investment securities $ 286,088 $ 1,082 $ (4,045 ) $ 283,125 4. INVESTMENT SECURITIES (Continued) During 2016, the Company had one security called prior to maturity for $5.0 million of gross proceeds, six available-for-sale securities were sold prior to maturity for gross proceeds of $30.3 million, which resulted in net realized gains of $39 thousand. Additionally the Bank had one security mature in 2016 for gross proceeds of $248 thousand. During 2015, the Company had two securities called prior to maturity for gross proceeds of $130 thousand and a gain of $2 thousand, 103 available for sale securities were sold prior to maturity for gross proceeds of $42.8 million, which resulted in gross realized gains of $1.3 million. The Company received gross proceeds of $2.5 million due to the maturity of one security. The following table provides the gross unrealized losses and fair value, aggregated by investment category and length of time the individual securities have been in a continuous unrealized loss position at December 31, 2016 and 2015: GROSS UNREALIZED LOSSES BY INVESTMENT CATEGORY Less than 12 Months 12 Months or Longer Total Estimated Fair Value Gross Unrealized Losses Estimated Fair Value Gross Unrealized Losses Estimated Fair Value Gross Unrealized Losses December 31, 2016 U.S. Government agency mortgage-backed securities $ 108,070 $ (1,683 ) $ 54,643 $ (891 ) $ 162,713 $ (2,574 ) Other mortgage-backed securities — — 114 (1 ) 114 (1 ) Trust preferred securities — — 9,851 (2,172 ) 9,851 (2,172 ) Collateralized loan obligations — — 33,825 (160 ) 33,825 (160 ) Other securities 975 (26 ) — — 975 (26 ) Total $ 109,045 $ (1,709 ) $ 98,433 $ (3,224 ) $ 207,478 $ (4,933 ) December 31, 2015 U.S. Treasury securities $ 2,484 $ (10 ) $ — $ — $ 2,484 $ (10 ) U.S. Government agency securities — — 4,902 (74 ) 4,902 (74 ) U.S. Government agency mortgage-backed securities 56,753 (254 ) 27,028 (902 ) 83,781 (1,156 ) Other mortgage-backed securities 182 (1 ) — — 182 (1 ) Trust preferred securities — — 10,175 (1,844 ) 10,175 (1,844 ) Collateralized loan obligations 12,864 (135 ) 46,133 (825 ) 58,997 (960 ) Total $ 72,283 $ (400 ) $ 88,238 $ (3,645 ) $ 160,521 $ (4,045 ) The Company determines whether unrealized losses are temporary in nature in accordance with FASB ASC 325-40, when applicable, and FASB ASC 320-10, Investments - Overall FASB ASC 320-10 requires the Company to assess if an OTTI exists by considering whether the Company has the intent to sell the security or it is more likely than not that it will be required to sell the security before recovery. If either of these situations applies, the guidance requires the Company to record an OTTI charge to earnings on debt securities for the difference between the amortized cost basis of the security and the fair value of the security. If neither of these situations applies, the Company is required to assess whether it is expected to recover the entire amortized cost basis of the security. If the Company is not expected to recover the entire amortized cost basis of the security, the guidance requires the Company to bifurcate the identified OTTI into a credit loss component and a component representing loss related to other factors. A discount rate is applied which equals the effective yield of the security. The difference between the present value of the expected flows and the amortized book value is considered a credit loss, which would be recorded through earnings as an OTTI charge. When a market price is not readily available, the market value of the security is determined using the same expected cash flows; the discount rate is a rate the Company determines from the open market and other sources as appropriate for the security. The difference between the market value and the present value of cash flows expected to be collected is recognized in accumulated other comprehensive loss on the consolidated statements of financial condition. As of December 31, 2016, the Company’s cumulative OTTI was $1.2 million. There were no OTTI charges recognized in earnings as a result of credit losses on investments in the years ended December 31, 2016, 2015 and 2014. 4. INVESTMENT SECURITIES (Continued) U.S. Government Agency Mortgage-Backed Securities. At December 31, 2016, the gross unrealized loss in the category of less than 12 months of $1.7 million consisted of 16 mortgage-backed securities with an estimated fair value of $108.1 million issued and guaranteed by a U.S. Government sponsored agency. The gross unrealized loss in the category of 12 months or longer of $891 thousand consisted of 20 mortgage-backed securities with an estimated fair value of $54.6 million, issued and guaranteed by a U.S. Government sponsored agency. The Company monitors key credit metrics such as market rates and possible credit deterioration to determine if an OTTI exists. Upon evaluation, Management determined that interest rate changes and market conditions have driven the unrealized losses in these securities. As of December 31, 2016, management concluded that an OTTI did not exist on any of the aforementioned securities based upon its assessment. Management also concluded that it does not intend to sell nor will it be required to sell the securities, before their recovery, which may be maturity, and management expects to recover the entire amortized cost basis of these securities. Collateralized Loan Obligations. At December 31, 2016, the gross unrealized loss in the category of 12 months or longer of $160 thousand consisted of three AAA and one AA-rated collateralized loan obligation security with an estimated fair value of $33.8 million. The Company monitors key credit metrics such as delinquencies, defaults, cumulative losses and credit support levels to determine if an OTTI exists. Upon evaluation, Management has determined that interest rate changes and market conditions have driven the unrealized losses in these securities. As of December 31, 2016, management concluded that an OTTI did not exist on any aforementioned securities based upon its assessment. Management also concluded that it does not intend to sell nor will it be required to sell the securities, before their recovery, which may be maturity, and management expects to recover the entire amortized cost basis of these securities. Other Securities. At December 31, 2016, the gross unrealized loss in the category of less than 12 months of $26 thousand consisted of one security with an estimated fair value of $975 thousand issued and guaranteed by a U.S. Government sponsored agency. The Company monitors key credit metrics such as market rates and possible credit deterioration to determine if an OTTI exists. Upon evaluation, Management has determined that interest rate changes and market conditions have driven the unrealized loss in this security. As of December 31, 2016, management concluded that an OTTI did not exist on the aforementioned security based upon its assessment. Management also concluded that it does not intend nor will it be required to sell the security, before its recovery, which may be maturity, and management expects to recover the entire amortized cost basis of this security. Trust Preferred Securities. At December 31, 2016, the gross unrealized loss in the category of 12 months or longer of $2.2 million consisted of two trust preferred securities. The trust preferred securities are comprised of one non-rated single issuer security with an amortized cost of $3.2 million and estimated fair value of $3.2 million and one investment grade rated pooled security with an amortized cost of $8.8 million and estimated fair value of $6.7 million at December 31, 2016. For the pooled security, the Company monitors each issuer in the collateral pool with respect to financial performance using data from the issuer’s most recent regulatory reports as well as information on issuer deferrals and defaults. Also the security structure is monitored with respect to collateral coverage and current levels of subordination. Expected future cash flows are projected assuming additional defaults and deferrals based on the performance of the collateral pool. The investment grade pooled security is in a senior position in the capital structure. The security had a 3.67 times principal coverage. As of the most recent reporting date interest has been paid in accordance with the terms of the security. The Company reviews projected cash flow analysis for adverse changes in the present value of projected future cash flows that may result in an other-than-temporary credit impairment to be recognized through earnings. The most recent valuations assumed no recovery on any defaulted collateral, no recovery on any deferring collateral and an additional 3.6% of defaults or deferrals every three years with no recovery rate. As of December 31, 2016, management concluded that an OTTI did not exist on the aforementioned security based upon its assessment. Management also concluded that it does not intend to sell the security, and that it is not more likely than not it will be required to sell the security, before its recovery, which may be maturity, and management expects to recover the entire amortized cost basis of this security. 4. INVESTMENT SECURITIES (Continued) The financial performance of the single issuer trust preferred security is monitored on a quarterly basis using data from the issuer’s most recent regulatory reports to assess the probability of cash flow impairment. Expected future cash flows are projected incorporating the contractual cash flow of the security adjusted, if necessary, for potential changes in the amount or timing of cash flows due to the underlying creditworthiness of the issuer and covenants in the security. During the year ended December 31, 2016, the Company did not record an OTTI credit-related charge related to this single issuer trust preferred security. Based on the Company’s most recent evaluation, the Company does not expect the issuer to default on the security based primarily on the issuer’s subsidiary bank reporting that it meets the minimum regulatory requirements to be considered a “well-capitalized” institution. The Company recognizes that the difficult economic environment and some weakened performance measures, while recently improving, increase the probability that a full recovery of principal may not be realized. The cumulative OTTI on this security as of December 31, 2016 was $1.2 million. Based upon the current capital position of the issuer, recent improvements in the financial performance of the issuer and the fact that the book value of the security approximates fair value, the Company concluded that an additional impairment charge is not warranted at December 31, 2016. The amortized cost and estimated fair value of the Company’s investment securities at December 31, 2016, by contractual maturity, is shown below. Actual maturities will differ from contractual maturities as borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. CONTRACTUAL MATURITIES OF INVESTMENT SECURITIES Available for Sale Held to Maturity December 31, 2016 Amortized Cost Estimated Fair Value Amortized Cost Estimated Fair Value Due in one year or less $ 2,635 $ 2,635 $ 250 $ 250 Due after one year through five years 248 248 — — Due after five years through ten years 37,471 37,319 — — Due after ten years 13,024 10,826 — — Total investment securities, excluding mortgage- backed securities 53,378 51,028 250 250 U.S. Government agency mortgage-backed securities 246,535 244,544 — — Other mortgage-backed securities 115 114 — — Total investment securities $ 300,028 $ 295,686 $ 250 $ 250 At December 31, 2016, the Company had $13.8 million, amortized cost, and $13.9 million, estimated fair value, of investment securities pledged to secure public deposits. At December 31, 2016, the Company had $68.1 million, amortized cost, and $67.9 million, estimated fair value, of investment securities pledged as collateral on secured borrowings.

Loans Receivable

Loans Receivable	12 Months Ended
	Dec. 31, 2016
Receivables [Abstract]
Loans Receivable	5. LOANS RECEIVABLE The components of loans receivables, net at December 31, 2016 and 2015 were as follows: Loans Receivable Components December 31, 2016 2015 Commercial: Commercial and industrial $ 235,946 $ 230,681 CRE owner occupied 231,348 228,191 CRE non-owner occupied 742,662 625,700 Land and development 67,165 68,070 Consumer: Home equity lines of credit 110,377 130,401 Home equity term loans 9,104 12,383 Residential real estate 210,874 249,975 Other 2,442 3,108 Total gross loans receivable 1,609,918 1,548,509 Allowance for loan losses (15,541 ) (18,008 ) Loans receivable, net $ 1,594,377 $ 1,530,501 Loans on Non-accrual Status December 31, 2016 2015 Commercial: Commercial $ — $ 219 CRE owner occupied 213 381 CRE non-owner occupied 517 — Consumer: Home equity term loans 72 88 Residential real estate 810 1,417 Other 85 102 Total non-accrual loans $ 1,697 $ 2,207 Troubled debt restructurings, non-accrual $ 1,404 $ 910 Interest income not recognized as a result of non-accrual loans was $109 thousand, $95 thousand and $1.5 million for the years ended December 31, 2016, 2015 and 2014, respectively. The amount of interest included in net income on these loans for the years ended December 31, 2016, 2015 and 2014 was $40 thousand, $59 thousand and $1.2 million, respectively. Many of the Company’s commercial and industrial loans have a real estate component as part of the collateral securing the loan. Additionally, the Company makes commercial real estate loans for the acquisition, refinance, improvement and construction of real property. Loans secured by owner-occupied properties are dependent upon the successful operation of the borrower’s business. If the operating company experiences difficulties in terms of sales volume and/or profitability, the borrower’s ability to repay the loan may be impaired. Loans secured by properties where repayment is dependent upon payment of rent by third-party tenants or the sale of the property may be impacted by loss of tenants, lower lease rates needed to attract new tenants or the inability to sell a completed project in a timely fashion and at a profit. As of December 31, 2016, the Company had $5.9 million outstanding on two commercial construction relationships for which the agreements included interest reserves. As of December 31, 2015, the Company had $8.8 million outstanding on one residential construction and one commercial construction relationship for which the agreements included interest reserves. The total amount available in those reserves to fund interest payments was $214 thousand and $571 thousand at December 31, 2016 and December 31, 2015, respectively. There were no relationships with interest reserves which were on non-accrual status as of December 31, 2016 and 2015. Construction projects are monitored throughout their lives by the Company through either internal resources or professional inspectors engaged by the Company. The budgets for loan advances and borrower equity injections are developed at the time of underwriting in conjunction with the review of the plans and specifications for the project being financed. Advances of the Company’s funds are based on the prepared budgets and will not be made unless the project has been inspected by the Company’s professional inspector who must certify that the work related to the advance is in place and properly complete. As it relates to construction project financing, the Company does not extend, renew or restructure terms unless its borrower posts cash collateral in an interest reserve. 5. LOANS RECEIVABLE (Continued) Included in the Company’s loan portfolio are modified commercial loans. Per FASB ASC 310-40, Troubled Debt Restructurings, . Under approved lending decisions, the Company had commitments to lend additional funds totaling $343.2 million and $280.7 million at December 31, 2016 and 2015, respectively. Commitments to extend credit are agreements to lend to a customer as long as there is no violation of any condition established in the contract. Commitments generally have fixed expiration dates or other termination clauses and may require payment of a fee. Since many of the commitments are expected to expire without being drawn upon, the total commitment amounts do not necessarily represent future cash requirements. The Company evaluates each customer’s creditworthiness on an individual basis. The type and amount of collateral obtained, if deemed necessary by the Company upon extension of credit, is based on management’s credit evaluation of the borrower. Most of the Company’s business activity is with customers located within the State of New Jersey and New York. Generally, commercial real estate, residential real estate and other assets are used to secure loans. The ultimate repayment of loans is dependent, to a certain degree, on the local economy and real estate market. As of December 31, 2016, the Company had $217.2 million in loans pledged as collateral on secured borrowings.

Allowance for Loan Losses

Allowance for Loan Losses	12 Months Ended
	Dec. 31, 2016
Receivables [Abstract]
Allowance for Loan Losses	6. ALLOWANCE FOR LOAN LOSSES Changes in the allowance for loan losses for the years ended December 31, 2016, 2015 and 2014 were as follows: Allowance for Loan Losses and Recorded Investment in Financing Receivables For the Year Ended December 31, 2016 Commercial and Industrial Commercial Real Estate Land & Development Home Equity (1) Residential Real Estate Other (2) Total Allowance for loan losses: Beginning balance $ 2,761 $ 8,142 $ 1,058 $ 2,816 $ 3,029 $ 202 $ 18,008 Charge-offs (256 ) (425 ) — (454 ) (1,025 ) (265 ) (2,425 ) Recoveries 252 170 714 351 37 118 1,642 Net charge-offs (4 ) (255 ) 714 (103 ) (988 ) (147 ) (783 ) Provision for loan losses (604 ) (337 ) (1,168 ) (364 ) 607 182 (1,682 ) Ending balance $ 2,153 $ 7,550 $ 604 $ 2,349 $ 2,648 $ 237 $ 15,541 Ending balance: individually evaluated for impairment $ — $ — $ — $ — $ — $ — $ — Ending balance: collectively evaluated for impairment $ 2,153 $ 7,550 $ 604 $ 2,349 $ 2,648 $ 237 $ 15,541 Financing Receivables: Ending balance $ 235,946 $ 974,010 $ 67,165 $ 119,481 $ 210,874 $ 2,442 $ 1,609,918 Ending balance: individually evaluated for impairment $ — $ 860 $ — $ 72 $ 2,084 $ 85 $ 3,101 Ending balance: collectively evaluated for impairment $ 235,946 $ 973,150 $ 67,165 $ 119,409 $ 208,790 $ 2,357 $ 1,606,817 (1) Amount includes both home equity lines of credit and term loans (2) Includes the unallocated portion of the allowance for loan losses. 6. ALLOWANCE FOR LOAN LOSSES (Continued) For the Year Ended December 31, 2015 Commercial and Industrial Commercial Real Estate Land & Development Home Equity (1) Residential Real Estate Other (2) Total Allowance for loan losses: Beginning balance $ 5,134 $ 9,615 $ 958 $ 3,256 $ 3,515 $ 768 $ 23,246 Charge-offs (375 ) (836 ) — (2,735 ) (2,810 ) (757 ) (7,513 ) Recoveries 3,417 440 351 366 819 162 5,555 Net charge-offs 3,042 (396 ) 351 (2,369 ) (1,991 ) (595 ) (1,958 ) Provision for loan losses (5,416 ) (1,077 ) (251 ) 1,929 1,505 30 (3,280 ) Ending balance $ 2,761 $ 8,142 $ 1,058 $ 2,816 $ 3,029 $ 202 $ 18,008 Ending balance: individually evaluated for impairment $ — $ — $ — $ — $ — $ — $ — Ending balance: collectively evaluated for impairment $ 2,761 $ 8,142 $ 1,058 $ 2,816 $ 3,029 $ 202 $ 18,008 Financing Receivables: Ending balance $ 230,681 $ 853,892 $ 68,070 $ 142,784 $ 249,975 $ 3,107 $ 1,548,509 Ending balance: individually evaluated for impairment $ 227 $ 731 $ — $ 88 $ 1,970 $ 101 $ 3,117 Ending balance: collectively evaluated for impairment $ 230,454 $ 853,161 $ 68,070 $ 142,696 $ 248,005 $ 3,006 $ 1,545,392 (1) Amount includes both home equity lines of credit and term loans (2) Includes the unallocated portion of the allowance for loan losses. For the Year Ended December 31, 2014 Commercial and Industrial Commercial Real Estate Land & Development Home Equity (1) Residential Real Estate Other (2) Total Allowance for loan losses: Beginning balance $ 12,061 $ 14,518 $ 1,249 $ 3,441 $ 2,898 $ 1,370 $ 35,537 Charge-offs (10,563 ) (9,205 ) (289 ) (4,568 ) (3,124 ) (3,331 ) (31,080 ) Recoveries 1,235 1,343 467 401 198 342 3,986 Net charge-offs (9,328 ) (7,862 ) 178 (4,167 ) (2,926 ) (2,989 ) (27,094 ) Provision for loan losses 2,401 2,959 (469 ) 3,982 3,543 2,387 14,803 Ending balance $ 5,134 $ 9,615 $ 958 $ 3,256 $ 3,515 $ 768 $ 23,246 Ending balance: individually evaluated for impairment $ — $ — $ — $ — $ — $ — $ — Ending balance: collectively evaluated for impairment $ 5,134 $ 9,615 $ 958 $ 3,256 $ 3,513 $ 768 $ 23,246 Financing Receivables: Ending balance $ 242,494 $ 740,282 $ 70,156 $ 174,165 $ 276,993 $ 6,054 $ 1,510,144 Ending balance: individually evaluated for impairment $ 149 $ 3,297 $ 138 $ 1,751 $ 4,759 $ 135 $ 10,229 Ending balance: collectively evaluated for impairment $ 242,345 $ 736,985 $ 70,018 $ 172,414 $ 272,234 $ 5,919 $ 1,499,915 (1) Amount includes both home equity lines of credit and term loans (2) Includes the unallocated portion of the allowance for loan losses. 6. ALLOWANCE FOR LOAN LOSSES (Continued) Risk Characteristics Commercial and Industrial Loans. Many of the Company’s commercial and industrial loans have a real estate component as part of the collateral securing the loan. Commercial and industrial loans are primarily secured by assets of the business, such as accounts receivable and inventory. Due to the nature of the collateral securing these loans, the liquidation of these assets may be problematic and costly. Commercial Real Estate Loans. Commercial real estate owner occupied loans rely on the cash flow from the successful operation of the borrower’s business to make repayment. If the operating company experiences difficulties in terms of sales volume and/or profitability, the borrower’s ability to repay the loan may be impaired. Commercial real estate non-owner occupied loans rely on the payment of rent by third party tenants. The borrower’s ability to repay the loan or sell the property may be impacted by loss of tenants, lower lease rates needed to attract new tenants or the inability to sell a completed project in a timely fashion and at a profit. Commercial real estate owner occupied and non-owner occupied loans are secured by the underlying properties. The local economy and real estate market affect the appraised value of these properties which may impact the ultimate repayment of these loans. Land and Development Loans. Land and development loans are primarily repaid by the sale of the developed properties or by conversion to a permanent term loan. These loans are dependent upon the completion of the project on time and within budget, which may be impacted by general economic conditions. The Company requires cash collateral in an interest reserve in order to extend credit on construction projects to mitigate the credit risk. 6. ALLOWANCE FOR LOAN LOSSES (Continued) Home Equity Loans . This segment consists of both home equity lines of credit and home equity term loans on single family residences. These loans rely on the personal income of the borrower for repayment which may be impacted by economic conditions, such as unemployment levels, interest rates and the housing market. These loans are primarily secured by second liens on properties, which serve as the secondary source of repayment. The secondary source of repayment may be impaired by the real estate market and local regulations. The Company no longer originates home equity lines of credit or home equity term loans. Residential Real Estate Loans. Included in this segment are residential mortgages on single family residences. These loans rely on the personal income of the borrower for repayment which may be impacted by economic conditions, such as unemployment levels, interest rates and the housing market. These loans are primarily secured by a lien on the underlying property, which serves as the secondary source of repayment. The secondary source of repayment may be impaired by the real estate market and local regulations. The Company no longer originates residential real estate loans on single family residences. Other Loans . Other loans consist of personal credit lines, mobile home loans and consumer installment loans. These loans rely on the borrowers’ personal income for repayment and are either unsecured or secured by personal use assets and mobile homes. These loans may be impacted by economic conditions such as unemployment levels. The liquidation of the assets securing these loans may be difficult and costly. The allowance for loan losses was $15.5 million, $18.0 million and $23.2 million at December 31, 2016, 2015 and 2014, respectively. The ratio of allowance for loan losses to loans held-for-investment was 0.97%, 1.16% and 1.54% at December 31, 2016, 2015 and 2014, respectively. The provision for loan losses charged to expense is based upon historical loan loss experience, a series of qualitative factors, and an evaluation of estimated losses in the current commercial loan portfolio, including the evaluation of impaired loans under FASB ASC 310. Values assigned to the qualitative factors and those developed from historic loss experience provide a dynamic basis for the calculation of reserve factors for both pass-rated loans (general pooled allowance) and those criticized and classified loans that continue to perform. A loan is considered to be impaired when, based upon current information and events, it is probable that the Company will be unable to collect all amounts due according to the contractual terms of the loan. An insignificant delay or insignificant shortfall in amount of payments does not necessarily result in a loan being identified as impaired. For this purpose, delays less than 90 days are considered to be insignificant. Impairment losses are included in the provision for loan losses in the consolidated statements of operations. Impaired loans include accruing and non-accruing TDR loans. Loans not individually reviewed are evaluated as a group using reserve factor percentages based on historical loss and recovery experience and qualitative factors. Such loans generally include consumer loans, residential real estate loans, and small business loans. In determining the appropriate level of the general pooled allowance, management makes estimates based on internal risk ratings, which take into account such factors as debt service coverage, loan-to-value ratios, management’s abilities and external factors. 6. ALLOWANCE FOR LOAN LOSSES (Continued) The following tables present the Company’s components of impaired loans, segregated by class of loans at December 31, 2016, 2015 and 2014. Commercial and consumer loans that were collectively evaluated for impairment are not included in the data that follows: Impaired Loans As of December 31, 2016 Recorded Investment Unpaid Principal Balance Related Allowance Average Recorded Investment Accrued Interest Income Recognized Cash Interest Income Recognized With no related allowance: Commercial: CRE owner occupied $ 343 $ 514 $ — $ 377 $ — $ — CRE non owner occupied 517 520 — 523 — — Consumer: Residential real estate 2,084 2,422 — 2,193 — — Home Equity Term Loans 72 86 — 74 — — Other 85 89 — 85 — — With an allowance recorded: Commercial: Commercial and industrial — — — — — — CRE owner occupied — — — — — — Consumer: Other — — — — — — Total commercial $ 860 $ 1,034 $ — $ 900 $ — $ — Total consumer $ 2,241 $ 2,597 $ — $ 2,352 $ — $ — 6. ALLOWANCE FOR LOAN LOSSES (Continued) Impaired Loans As of December 31, 2015 Recorded Investment Unpaid Principal Balance Related Allowance Average Recorded Investment Accrued Interest Income Recognized Cash Interest Income Recognized With no related allowance: Commercial: Commercial and industrial $ 227 $ 721 $ — $ 231 $ 0 $ — CRE owner occupied 683 2,066 — 702 — — Consumer: Residential real estate 1,970 2,100 — 1,999 — — Home Equity Term Loans 88 96 — 91 — — Other 101 101 — 101 — — With an allowance recorded: Commercial: Commercial and industrial — — — — — — CRE owner occupied — — — — — — Consumer: Other — — — — — — Total commercial $ 910 $ 2,787 $ — $ 933 $ 0 $ 0 Total consumer $ 2,159 $ 2,297 $ — $ 2,191 $ — $ — 6. ALLOWANCE FOR LOAN LOSSES (Continued) Impaired Loans As of December 31, 2014 Recorded Investment Unpaid Principal Balance Related Allowance Average Recorded Investment Accrued Interest Income Recognized Cash Interest Income Recognized With no related allowance: Commercial: Commercial and industrial $ 147 $ 149 $ — $ 161 $ 19 $ — Commercial and industrial, held-for-sale 28 50 — 52 — — CRE owner occupied 3,297 4,499 — 3,875 — — CRE owner occupied, held-for-sale 32 74 — 136 — — CRE non-owner occupied, held-for-sale 229 352 — 53 — — Land and development 140 223 — 181 — — Consumer: Residential real estate 4,852 5,587 — 4,513 — 97 Residential real estate, held-for-sale 3,478 4,984 — 1,365 — — Home Equity Lines of Credit 405 456 — 420 — — Home Equity Lines of Credit, held-for-sale 619 903 — 1,282 — — Home Equity Term Loans 1,347 1,863 — 1,385 — — Home Equity Term Loans, held-for-sale 3,266 4,743 — 3,735 — — Other 150 348 — 138 — — With an allowance recorded: Commercial: Commercial and industrial — — — — — — CRE owner occupied — — — — — — Consumer: Other — — — — — — Total commercial $ 3,873 $ 5,348 $ — $ 4,458 $ 19 $ 97 Total consumer $ 14,118 $ 18,884 $ — $ 12,836 $ — $ — In accordance with FASB ASC 310, those impaired loans for which the collateral is sufficient to support the outstanding principal do not result in a specific allowance for loan losses. Included in impaired loans at December 31, 2016 were fourteen TDRs totaling $3.8 million for which the collateral is sufficient to support the outstanding principal, four of which were in accruing status. In addition, there were no TDRs at December 31, 2016 that included a commitment to lend additional funds at December 31, 2016. There were eight TDR agreements entered into during the twelve months ended December 31, 2016. There were eight TDR agreements entered into during the twelve months ended December 31, 2015. There were no TDR agreements entered into during the twelve months ended December 31, 2014. The following table presents an analysis of the Company’s TDR agreements entered into during the twelve months ended December 31, 2016 and 2015: Troubled Debt Restructurings for the Twelve Months Ended December 31, 2016 Number Contracts Pre-Modification Outstanding Investment Post-Modification Outstanding Investment Commercial and industrial 2 $ 2,468 $ 2,468 CRE owner occupied 1 22 22 Residential real estate 5 906 913 Troubled Debt Restructurings for the Twelve Months Ended December 31, 2015 Number Contracts Pre-Modification Outstanding Investment Post-Modification Outstanding Investment Commercial and industrial 1 $ 11 $ 11 CRE owner occupied 2 205 205 Residential real estate 5 739 670 6. ALLOWANCE FOR LOAN LOSSES (Continued) The following tables present information regarding the types of concessions granted on loans that were restructured during the twelve months ended December 31, 2016 and 2015: Troubled Debt Restructurings for the Twelve Months Ended December 31, 2016 Number of Contracts Concession Commercial and industrial 2 Rate reduction and principal repayment terms. CRE owner occupied 1 Principal repayment terms. Residential real estate 2 Principal repayment terms. Residential real estate 1 Forgiveness of debt Residential real estate 2 Rate reduction and principal repayment terms. Troubled Debt Restructurings for the Twelve Months Ended December 31, 2015 Number of Contracts Concession Granted Commercial and industrial 1 Modified principal repayment terms. CRE owner occupied 2 Modified principal repayment terms. Residential real estate 5 Rate reduction, modified principal repayment terms and debt forgiveness. During the twelve months ended December 31, 2016, 2015 and 2014, the Company did not have any TDR agreements that had subsequently defaulted that were entered into within the respective preceding twelve months. There were four TDRs in accrual status as of December 31, 2016. The following tables present the Company’s distribution of risk ratings loan portfolio, segregated by class, as of December 31, 2016, 2015 and 2014: Credit Quality Indicators As of December 31, 2016 Commercial Consumer Commercial and industrial CRE owner occupied CRE non- owner occupied Land and development Home equity lines of credit Home equity term Residential real estate Other Total Grade: Pass $ 233,907 $ 229,635 $ 742,146 $ 67,165 $ 110,377 $ 9,032 $ 208,460 $ 2,357 $ 1,603,079 Special Mention — — — — — — — — — Substandard 2,039 1,713 516 — — 72 2,414 85 6,839 Doubtful — — — — — — — — - Total $ 235,946 $ 231,348 $ 742,662 $ 67,165 $ 110,377 $ 9,104 $ 210,874 $ 2,442 $ 1,609,918 Credit Quality Indicators As of December 31, 2015 Commercial Consumer Commercial and industrial CRE owner occupied CRE non- owner occupied Land and development Home equity lines of credit Home equity term Residential real estate Other Total Grade: Pass $ 227,220 $ 223,695 $ 625,700 $ 68,070 $ 130,401 $ 12,294 $ 247,002 $ 3,007 $ 1,537,389 Special Mention 2,926 2,273 — — — — — — 5,199 Substandard 535 2,223 — — — 89 2,973 101 5,921 Doubtful — — — — — — — — — Total $ 230,681 $ 228,191 $ 625,700 $ 68,070 $ 130,401 $ 12,383 $ 249,975 $ 3,108 $ 1,548,509 6. ALLOWANCE FOR LOAN LOSSES (Continued) Credit Quality Indicators As of December 31, 2014 Commercial Consumer Commercial and industrial CRE owner occupied CRE non- owner occupied Land and development Home equity lines of credit Home equity term Residential real estate Other Total Grade: Pass $ 235,985 $ 267,018 $ 451,921 $ 70,018 $ 155,084 $ 16,819 $ 272,044 $ 5,902 $ 1,474,791 Special Mention 6,304 6,669 — — — — — — 12,973 Substandard 205 4,964 9,710 138 1,842 420 4,949 152 22,380 Doubtful — — — — — — — — — Total $ 242,494 $ 278,651 $ 461,631 $ 70,156 $ 156,926 $ 17,239 $ 276,993 $ 6,054 $ 1,510,144 The Company’s primary tool for assessing risk when evaluating a credit in terms of its underwriting, structure, documentation and eventual collectability is a risk rating system in which the loan is assigned a numeric value. Behind each numeric category is a defined set of characteristics reflective of the particular level of risk. The risk rating system is based on a fourteen point grade using a two-digit scale. The upper seven grades are for “pass” categories, the middle grade is for the “criticized” category, while the lower six grades represent “classified” categories which are equivalent to the guidelines utilized by the OCC. The portfolio manager is responsible for assigning, maintaining, and documenting accurate risk ratings for all commercial loans and commercial real estate loans. The portfolio manager assigns a risk rating at the inception of the loan and adjusts the rating based on the performance of the loan. As part of the loan review process, a regional credit officer will review risk ratings for accuracy. The portfolio manager’s risk rating will also be reviewed periodically by the loan review department and the Bank’s regulators. To calculate risk ratings in a consistent fashion, the Company uses a Risk Rating Methodology that assesses quantitative and qualitative components which include elements of the Company’s financial condition, abilities of management, position in the market, collateral and guarantor support and the impact of changing conditions. When combined with professional judgment, an overall risk rating is assigned. 6. ALLOWANCE FOR LOAN LOSSES (Continued) The following tables present the Company’s analysis of past due loans, segregated by class of loans, as of December 31, 2016, 2015 and 2014: Aging of Receivables As of December 31, 2016 30-59 Days Past Due 60-89 Days Past Due 90 Days Past Due Total Past Due Current Total Financing Receivables Loans 90 Days Due and Accruing Commercial: Commercial and industrial $ — $ — $ — $ — $ 235,946 $ 235,946 $ — CRE owner occupied — — 269 269 231,079 231,348 — CRE non-owner occupied 331 — 185 516 742,146 742,662 — Land and development — — — — 67,165 67,165 — Consumer: Home equity lines of credit 367 — — 367 110,010 110,377 — Home equity term loans 121 — — 121 8,983 9,104 — Residential real estate 4,020 851 744 5,615 205,259 210,874 — Other 59 7 85 151 2,291 2,442 — Total $ 4,898 $ 858 $ 1,283 $ 7,039 $ 1,602,879 $ 1,609,918 $ — Aging of Receivables As of December 31, 2015 30-59 Days Past Due 60-89 Days Past Due 90 Days Past Due Total Past Due Current Total Financing Receivables Loans 90 Days Due and Accruing Commercial: Commercial and industrial $ 1 $ 1 $ 228 $ 230 $ 230,451 $ 230,681 $ — CRE owner occupied 736 35 622 1,393 226,798 228,191 — CRE non-owner occupied — — — — 625,700 625,700 — Land and development — — — — 68,070 68,070 — Consumer: Home equity lines of credit 136 31 — 167 130,234 130,401 — Home equity term loans 14 — — 14 12,369 12,383 — Residential real estate 3,504 1,623 911 6,038 243,937 249,975 — Other 15 3 101 119 2,989 3,108 — Total $ 4,406 $ 1,693 $ 1,862 $ 7,961 $ 1,540,548 $ 1,548,509 $ — Aging of Receivables As of December 31, 2014 30-59 Days Past Due 60-89 Days Past Due 90 Days Past Due Total Past Due Current Total Financing Receivables Loans 90 Days Due and Accruing Commercial: Commercial and industrial $ 4,212 $ 105 $ 151 $ 4,468 $ 238,026 $ 242,494 $ — CRE owner occupied 1,685 23 1,321 3,029 275,622 278,651 — CRE non-owner occupied 2,786 166 — 2,952 458,679 461,631 — Land and development — — 140 140 70,016 70,156 — Consumer: Home equity lines of credit 2,001 903 796 3,700 153,226 156,926 — Home equity term loans 254 188 147 589 16,650 17,239 — Residential real estate 4,183 670 3,719 8,572 268,421 276,993 — Other 45 12 136 193 5,861 6,054 — Total $ 15,166 $ 2,069 $ 6,411 $ 23,643 $ 1,486,501 $ 1,510,144 $ —

Restricted Equity Investments

Restricted Equity Investments	12 Months Ended
	Dec. 31, 2016
Text Block [Abstract]
Restricted Equity Investments	7. RESTRICTED EQUITY INVESTMENTS The Company, through the Bank, is a member of the FRB, the FHLBNY and Atlantic Central Bankers Bank, and is required to maintain an investment in the capital stock of each. These investments are restricted in that they can only be redeemed by the issuer at par value. These securities are carried at cost and the Company did not identify any events or changes in circumstances that may have had an adverse effect on the value of the investments in accordance with FASB ASC 942, Financial Services – Depository and Lending The Company’s restricted equity investments at December 31, 2016 and 2015 consisted of the following: RESTRICTED EQUITY INVESTMENTS December 31, 2016 2015 FRB stock $ 9,568 $ 9,420 FHLBNY stock 6,075 6,165 Atlantic Central Bankers Bank stock 148 148 Total $ 15,791 $ 15,733

Bank Properties and Equipment

Bank Properties and Equipment	12 Months Ended
	Dec. 31, 2016
Property Plant And Equipment [Abstract]
Bank Properties and Equipment	8. BANK PROPERTIES AND EQUIPMENT Bank properties and equipment at December 31, 2016 and 2015 consist of the following major classifications: SUMMARY OF BANK PROPERTIES AND EQUIPMENT December 31, 2016 2015 Land $ 6,998 $ 7,011 Buildings 23,141 22,715 Capital lease 8,630 8,630 Leasehold improvements and equipment 36,127 36,044 Total bank properties and equipment 74,896 74,401 Accumulated depreciation (44,748 ) (42,805 ) Bank properties and equipment, net 30,148 31,596 The Company recognized depreciation expense of $3.6 million, $5.6 million and $5.7 million for the years ended December 31, 2016, 2015 and 2014, respectively.

Real Estate Owned

Real Estate Owned	12 Months Ended
	Dec. 31, 2016
Banking And Thrift [Abstract]
Real Estate Owned	9. REAL ESTATE OWNED Real estate owned at December 31, 2016 and 2015 consisted of the following: SUMMARY OF REAL ESTATE OWNED December 31, 2016 2015 Commercial properties $ — $ — Residential properties — — Bank properties — 281 Total $ — $ 281 9. REAL ESTATE OWNED (Continued) SUMMARY OF REAL ESTATE OWNED ACTIVITY Underlying Property At or for the year ended December 31, 2016 Commercial Properties Residential Properties Bank Properties Total Balance, beginning of year $ — $ — $ 281 $ 281 Transfers into real estate owned — — — — Sale of real estate owned — — (266 ) (266 ) Loss on sale of real estate owned — — (15 ) (15 ) Balance, end of year $ — $ — $ — $ — During 2016, real estate owned decreased by $281 thousand to zero at December 31, 2016 from $281 thousand at December 31, 2015. During 2016, there was one Bank-owned property, with a carrying value of $281 thousand sold during the resulting in a net loss of $15 thousand, which is included in other expense in the consolidated statements of operations. During 2015, the Company did not transfer any loans into real estate owned, and transferred in four bank properties for $909 thousand. In 2015, the Company recorded $56 thousand of write-downs of real estate owned on the carrying value of one bank property. There was one commercial property, one residential property and four bank properties with carrying amounts of $90 thousand, $54 thousand and $950 thousand, respectively, sold during the year ended December 31, 2015, which resulted in a net loss of $43 thousand, which is included in real estate owned expense, net in the consolidated statements of operations. At December 31, 2015, the Company maintained one bank property in the real estate owned portfolio.

Goodwill and Intangible Assets

Goodwill and Intangible Assets	12 Months Ended
	Dec. 31, 2016
Goodwill And Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets	10. GOODWILL AND INTANGIBLE ASSETS In accordance with FASB ASC 350, the Company tests goodwill for impairment annually at year end and the current year analysis was performed at December 31, 2016. The Company has one reportable operating segment, “Community Banking,” and there are no components to this operating segment. In performing step one of the impairment analysis as defined by FASB ASC 350, the market value assigned to the Company’s stock was based upon an acquisition value relative to recent acquisition transactions by companies in the Company’s geographic proximity and comparable size. The acquisition value is sensitive to both the fluctuation of the Company’s stock price and the stock price and equity of peer companies. The analysis resulted in an estimated Company fair value above its carrying value, and therefore the Company was deemed to have no goodwill impairment during 2016, 2015 and 2014. The total accumulated goodwill impairment as of December 31, 2016 was $89.7 million. The Company had a core deposit premium intangible asset that resulted from previous acquisitions. The asset is fully amortized as of December 31, 2014. The Company incurred amortization expense of $805 thousand on its core deposit intangible during the years ended December 31, 2014.

Deposits

Deposits	12 Months Ended
	Dec. 31, 2016
Banking And Thrift [Abstract]
Deposits	11. DEPOSITS Deposits at December 31, 2016 and 2015 consist of the following major classifications: SUMMARY OF DEPOSITS December 31, 2016 2015 Interest-bearing demand deposits $ 697,701 $ 724,881 Non-interest-bearing demand deposits 397,311 461,467 Savings deposits 241,754 221,620 Time deposits $250,000 or less 338,615 282,584 Time deposits over $250,000 28,789 12,217 Brokered time deposits 37,193 43,333 Total $ 1,741,363 $ 1,746,102 A summary of time deposits at December 31, 2016 by year of maturity is as follows: MATURITIES OF TIME DEPOSITS ( 1) Years Ended December 31, Amount 2017 $ 279,634 2018 64,762 2019 48,254 2020 7,680 2021 964 Thereafter 3,303 Total $ 404,597 (1) Amounts include brokered time deposits. A summary of interest expense on deposits for the year ended December 31, 2016, 2015 and 2014 is as follows: SUMMARY OF INTEREST EXPENSE Years Ended December 31, 2016 2015 2014 Savings deposits $ 767 $ 467 $ 671 Time deposits 3,684 3,454 4,818 Interest-bearing demand deposits 1,507 1,416 2,869 Total $ 5,958 $ 5,337 $ 8,358

Advances from the Federal Home

Advances from the Federal Home Loan Bank of New York	12 Months Ended
	Dec. 31, 2016
Banking And Thrift [Abstract]
Advances from the Federal Home Loan Bank of New York	12. ADVANCES FROM THE FEDERAL HOME LOAN BANK OF NEW YORK At December 31, 2016, the Company had fixed-rate advances from the FHLBNY of $85.4 million, with maturity dates through 2022 and interest rates ranging from 1.60% to 5.87%. These advances require quarterly interest payments and balloon principal payments at maturity. At December 31, 2015, the Company had fixed-rate advances from the FHLBNY of $85.6 million, with maturity dates through 2022 and interest rates ranging from 1.60% to 5.87%. The weighted average interest rate at December 31, 2016 and 2015 was 2.02% and 2.03%, respectively. Interest expense on advances from the FHLBNY was $1.7 million, $1.6 million and $1.3 million for the years ended December 31, 2016, 2015 and 2014, respectively, and is included in interest on funds borrowed on the consolidated statements of operations. 12. ADVANCES FROM THE FEDERAL HOME LOAN BANK OF NEW YORK (Continued) The contractual maturities of the Company’s fixed-rate advances from the FHLBNY at December 31, 2016 were as follows: CONTRACTUAL MATURITIES OF ADVANCES FROM THE FHLBNY Years Ended December 31, Amount 2016 — 2017 — 2018 416 2019 25,000 2020 15,000 Thereafter 45,000 Total $ 85,416

Junior Subordinated Debentures

Junior Subordinated Debentures Held by Trusts that Issued Capital Debt	12 Months Ended
	Dec. 31, 2016
Text Block [Abstract]
Junior Subordinated Debentures Held by Trusts that Issued Capital Debt	13. JUNIOR SUBORDINATED DEBENTURES HELD BY TRUSTS THAT ISSUED CAPITAL DEBT The Company has established Issuer Trusts that have issued guaranteed preferred beneficial interests in the Company’s junior subordinated debentures. These Issuer Trusts are variable interest entities under FASB ASC 810-10, Consolidation In accordance with FASB ASC 810-10, all the Issuer Trusts outstanding at December 31, 2016 and 2015 are deconsolidated. The junior subordinated debentures issued by the Company to the Issuer Trusts at December 31, 2016 and 2015 of $92.8 million are reflected as junior subordinated debentures in the Company’s consolidated statements of financial condition. The Company records interest expense on the corresponding debentures in its consolidated statements of operations. The Company also recorded the common capital securities of $2.8 million issued by the Issuer Trusts in other assets in its consolidated statements of financial condition at December 31, 2016 and 2015. The following is a summary of the outstanding capital securities issued by each Issuer Trust and the junior subordinated debentures issued by the Company to each Issuer Trust as of December 31, 2016. SUMMARY OF CAPITAL SECURITIES AND JUNIOR SUBORDINATED DEBENTURES December 31, 2016 Capital Securities Junior Subordinated Debentures Issuer Trust Issuance Date Stated Value Distribution Rate Principal Amount Maturity Redeemable Beginning Sun Capital Trust V December $ 15,000 3-mo LIBOR plus 2.80% $ 15,464 December 30, 2033 December 30, 2008 Sun Capital Trust VI December 19, 2003 25,000 3-mo LIBOR plus 2.80% 25,774 January 23, 2034 January 23, 2009 Sun Statutory Trust VII January 17, 2006 30,000 3-mo LIBOR plus 1.35% 30,928 March 15, 2036 March 15, 2011 Sun Capital Trust VII April 19, 2007 10,000 3-mo LIBOR plus 1.53% 10,310 June 30, 2037 June 30, 2012 Sun Capital Trust VIII July 5, 2007 10,000 3-mo LIBOR plus 1.39% 10,310 October 1, 2037 October 1, 2012 $ 90,000 $ 92,786 As of December 31, 2016, each of the capital securities is eligible for redemption. The Company maintains the right to call these securities in the future on the respective payment anniversary dates. 13. JUNIOR SUBORDINATED DEBENTURES HELD BY TRUSTS THAT ISSUED CAPITAL DEBT (Continued) The Company’s capital securities are deconsolidated in accordance with GAAP and qualify as Tier 1 capital under federal regulatory guidelines. These instruments are subject to a 25% capital limitation under risk-based capital guidelines developed by the FRB. Under FRB rules, restricted core capital elements, which are qualifying trust preferred securities, qualifying cumulative perpetual preferred stock (and related surplus) and certain minority interests in consolidated subsidiaries, are limited in the aggregate to no more than 25% of a bank holding company’s core capital elements (including restricted core capital elements), net of goodwill less any associated deferred tax liability. However, under the Dodd-Frank Act, bank holding companies are prohibited from including in their Tier 1 capital hybrid debt and equity securities, including trust preferred securities, issued on or after May 19, 2010. Any such instruments issued before May 19, 2010 by a bank holding company, such as the Company, with total consolidated assets of less than $15 billion as of December 31, 2009, may continue to be included as Tier 1 capital (subject to the 25% limitation). The portion that exceeds the 25% capital limitation qualifies as Tier 2, or supplementary capital of the Company. See Note 20 for additional information on capital limitations. The Issuer Trusts are wholly owned unconsolidated subsidiaries of the Company and have no independent operations. The obligations of Issuer Trusts are fully and unconditionally guaranteed by the Company. The debentures are unsecured and rank subordinate and junior in right of payment to all indebtedness, liabilities and obligations of the Company. Interest on the debentures is cumulative and payable in arrears. Proceeds from any redemption of debentures would cause a mandatory redemption of capital securities having an aggregate liquidation amount equal to the principal amount of debentures redeemed. The interest rates on the junior subordinated debentures reset on a quarterly basis and interest payments are made on a quarterly basis. The three-month LIBOR rate at December 31, 2016 was 1.00%. The Company maintains sufficient cash to fund junior subordinated debenture interest obligations. Cash balances at the Company totaled $27.0 million at December 31, 2016. Should a dividend from the Bank be necessary to fund the junior subordinated debenture interest obligations of the holding company, prior approval by the OCC would be required. See Note 20 for additional information on dividend limitations.

Stock-Based Incentive Plans

Stock-Based Incentive Plans	12 Months Ended
	Dec. 31, 2016
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Stock-Based Incentive Plans	14. STOCK-BASED INCENTIVE PLANS In March 2015, the Board of Directors of the Company approved the Sun Bancorp, Inc. 2015 Omnibus Stock Incentive Plan (the “2015 Plan”). The purpose of the 2015 Plan is to give the Company a competitive advantage in attracting, retaining and motivating officers, employees, directors and consultants who will contribute toward the growth, profitability and success of the Company by providing stock-based incentives that offer an opportunity to participate in the Company’s future performance and to align the interests of such officers, employees, directors and/or consultants with those of the shareholders of the Company. The 2015 Plan, which was approved by shareholders in May 2015, became effective in May 2015, at which time the Company ceased new grants under the 2014 Performance Plan, the 2010 Plan, and the 2004 Plan (each as defined below and collectively, the “Prior Plans”). Any awards outstanding under the Prior Plans remain in full force and effect under such plans according to their respective terms. The 2015 Plan authorizes the issuance of 1,400,000 shares of common stock pursuant to awards that may be granted in the form of Options and Stock Awards. Under the 2015 Plan, Options expire ten years after the date of grant, unless terminated earlier under the option terms. For both Options and Stock Awards, a Committee of non-employee directors has the authority to determine the conditions upon which the Options or Stock Awards granted will vest. At December 31, 2016, there were 123,739 Options and 182,831 Stock Awards granted under the 2015 Plan. In June 2014, the Board of Directors of the Company adopted a Performance Equity Plan (the “2014 Performance Plan”). The 2014 Performance Plan authorized the issuance of 1,000,000 shares of common stock pursuant to awards that could be granted in the form of Options at an exercise price which could not be less than 100% of the fair market value of the Company’s common stock on the date of grant. As of December 31, 2015, no shares were issued under the 2014 Performance Plan. The 2014 Performance Plan was terminated in May 2015 with the adoption of the 2015 Plan. In September 2010, the Board of Directors of the Company adopted a Stock-Based Incentive Plan (the “2010 Plan”). The 2010 Plan authorized the issuance of 980,000 shares of common stock pursuant to awards that could be granted in the form of Options to purchase common stock and Stock Awards of common stock. The maximum number of Stock Awards could not exceed 280,000 shares. Under the 2010 Plan, Options expired 10 years after the date of grant, unless terminated earlier under the Option terms. For both Options and Stock Awards, a Committee of non-employee directors had the authority to determine the conditions upon which the Options granted will vest. At December 31, 2016, there were 346,225 Options and 94,537 Stock Awards outstanding under the 2010 Plan. At December 31, 2016, there were no shares of common stock available for issuance under the 2010 Plan as it was terminated in May 2015 with the adoption of the 2015 Plan. 14. STOCK-BASED INCENTIVE PLANS (Continued) The 2004 Stock Plan, as amended in 2009, (the “2004 Plan”), authorized the issuance of 500,085 shares of common stock pursuant to awards that could have been granted in the form of Options to purchase common stock and Stock Awards of common stock. Options previously issued under the 2004 Stock Plan expired ten years after the date of grant, unless terminated earlier under the Option terms. For both Options and Stock Awards, a Committee of non-employee directors had the authority to determine the conditions upon which the Options granted would vest. There were no Stock Awards or Options issued from the 2004 Plan for the years ended December 31, 2016 and 2015. There are 104,750 Options and no Stock Awards outstanding under the 2004 Plan at December 31, 2016. At December 31, 2016, there were no shares of common stock available for issuance under the 2004 Plan as it was terminated in May 2015 with the adoption of the 2015 Plan. There are no equity compensation plans providing for the issuance of shares of the Company which were not approved by the shareholders. Options outstanding under the 2004 Plan, 2010 Plan and 2015 Plan are as follows: SUMMARY OF STOCK OPTIONS GRANTED AND OUTSTANDING Incentive Nonqualified Total Options granted and outstanding: December 31, 2016 at prices ranging from $14.25 to $80.50 per share 169,838 402,045 571,883 December 31, 2015 at prices ranging from $14.25 to $87.45 per share 188,525 320,804 509,329 December 31, 2014 at prices ranging from $14.25 to $87.45 per share 111,605 207,296 318,901 Activity in the stock option plans for the years ended December 31, 2016, 2015 and 2014, respectively, was as follows: SUMMARY OF STOCK OPTION ACTIVITY Years Ended December 31, 2016 2015 2014 Number of Options Weighted Average Exercise Price Number of Options Weighted Average Exercise Price Number of Options Weighted Average Exercise Price Options outstanding, beginning of year 509,329 $ 23.82 318,901 $ 28.34 299,107 $ 36.75 Granted 123,739 21.08 222,059 18.92 144,296 19.33 Exercised (3,879 ) 18.38 (811 ) 15.20 (802 ) 14.98 Forfeited (54,349 ) 30.42 (20,454 ) 17.47 (24,324 ) 17.12 Expired (2,957 ) 76.65 (10,366 ) 64.17 (98,579 ) 43.63 Options outstanding, end of year 571,883 $ 22.37 509,329 $ 23.82 318,901 $ 28.34 Options exercisable, end of year 234,564 $ 26.56 164,384 $ 33.93 161,984 $ 37.14 Options vested or expected to vest (1) 413,641 $ 19.65 480,995 $ 24.28 287,202 $ 29.34 (1) Includes vested shares and nonvested shares after a forfeiture rate assumption, which is based upon historical data, is applied. The weighted average grant date fair value per share of Options granted during the years ended December 31, 2016, 2015 and 2014 were $5.90, $6.16 and $8.70, respectively. The aggregate intrinsic value of Options outstanding at December 31, 2016, 2015 and 2014 was $3.1 million, $615 thousand and $118 thousand, respectively. During 2016, 2015 and 2014, 3,879, 811 and 802 Options were exercised for total proceeds of $71 thousand, $15 thousand and $16 thousand, respectively. The aggregate intrinsic value of Options exercisable at December 31, 2016, 2015 and 2014 was $22 thousand, $107 thousand and $46 thousand, respectively. 14. STOCK-BASED INCENTIVE PLANS (Continued) A summary of the Company’s nonvested Options at December 31, 2016, 2015 and 2014, respectively, is presented in the following table: SUMMARY OF NONVESTED OPTION ACTIVITY Years Ended December 31, 2016 2015 2014 Number of Shares Weighted Average Grant Date Fair Value Number of Shares Weighted Average Grant Date Fair Value Number of Shares Weighted Average Grant Date Fair Value Nonvested Options outstanding, beginning of year 344,945 $ 7.24 156,917 $ 11.68 49,254 $ 17.75 Granted 123,739 5.90 222,059 6.16 144,296 8.70 Vested (111,635 ) 9.20 (13,577 ) 7.96 (12,309 ) 8.44 Forfeited (19,730 ) 6.38 (20,454 ) 7.30 (24,324 ) 7.91 Nonvested Options outstanding, end of year 337,319 $ 6.16 344,945 $ 7.24 156,917 $ 11.68 At December 31, 2016, there was $1.2 million of total unrecognized compensation cost related to Options granted under the stock option plans. That cost is expected to be recognized over a weighted average period of 3.2 years. A summary of the Company’s nonvested Stock Awards at December 31, 2016, 2015 and 2014, respectively, is presented in the following table: SUMMARY OF NONVESTED STOCK AWARD ACTIVITY (1) Years Ended December 31, 2016 2015 2014 Number of Shares Weighted Average Grant Date Fair Value Number of Shares Weighted Average Grant Date Fair Value Number of Shares Weighted Average Grant Date Fair Value Nonvested Stock Awards outstanding, beginning of year 279,964 $ 14.98 248,654 $ 14.22 86,366 $ 15.65 Issued 122,262 20.18 60,569 19.22 218,824 14.14 Vested (135,236 ) 19.96 (24,959 ) 17.53 (21,930 ) 17.05 Forfeited (12,014 ) 20.08 (4,300 ) 15.90 (34,606 ) 15.41 Nonvested Stock Awards outstanding, end of year 254,976 $ 20.18 279,964 $ 14.98 248,654 $ 14.22 During 2016, 2015 and 2014, the Company issued 122,262, 60,569, and 218,824 shares of Stock Awards, respectively, that were valued at $2.6 million, $1.2 million and $3.1 million, respectively, at the time these Stock Awards were granted. The value of these shares is based upon the closing price of the Company’s common stock on the date of grant. At December 31, 2016, there was $3.5 million of total unrecognized compensation cost related to these Stock Awards that is expected to be recognized over a weighted average period of 2.4 years. The total compensation expense recognized on Stock Awards which vested during 2016, 2015 and 2014 was $1.9 million, $1.2 million and $359 thousand, respectively.

Benefits

Benefits	12 Months Ended
	Dec. 31, 2016
Compensation And Retirement Disclosure [Abstract]
Benefits	15. BENEFITS The Company has established a 401(k) Retirement Plan (the “401(k) Plan”) for all qualified employees. Employees are eligible to participate in the 401(k) Plan following completion of 90 days of service and attaining age 21. Pursuant to the 401(k) Plan, employees can contribute up to 75% of their compensation to the maximum allowed by law. The Company will match 100% of the first 3% and 50% of the next 2% of the base contribution that an employee contributes. The Company’s match is immediately vested and paid at the end of the year. For the 2016 year, the Company processed the annual match on January 31, 2017 for a total of $679 thousand. The Company has established the Directors’ Deferred Fee Plan, a deferred stock compensation plan for members of its Board of Directors (the “Directors’ Plan”). The Directors’ Plan provides Directors with the opportunity to defer, for tax planning purposes, receipt of all or a portion of any Sun Bancorp, Inc. stock earned as compensation. The Directors’ Plan balance as of December 31, 2016 and 2015 was $1.2 million and $1.1 million, respectively.

Commitments and Contingent Liab

Commitments and Contingent Liabilities	12 Months Ended
	Dec. 31, 2016
Commitments And Contingencies Disclosure [Abstract]
Commitments and Contingent Liabilities	16. COMMITMENTS AND CONTINGENT LIABILITIES The Company, from time to time, may be a defendant in legal proceedings related to the conduct of its business. Management, after consultation with legal counsel, believes that the liabilities, if any, arising from such litigation and claims will not be material to the consolidated financial statements. Letters of Credit . In the normal course of business, the Company has various commitments and contingent liabilities, such as customers’ letters of credit (including standby letters of credit of $10.1 million and $13.3 million at December 31, 2016 and 2015, respectively), which are not reflected in the accompanying consolidated financial statements. Standby letters of credit are conditional commitments issued by the Company to guarantee the performance of a customer to a third party. The credit risk involved in issuing letters of credit is essentially the same as that involved in extending loan facilities to customers. Reserve for Unfunded Commitments . The Company maintains a reserve for unfunded loan commitments and letters of credit which is reported in other liabilities in the consolidated statements of financial condition consistent with FASB ASC 825, Financial Instruments . The Company records estimated losses inherent with unfunded loan commitments in accordance with FASB ASC 450, Contingencies , and estimated future obligations under letters of credit in accordance with FASB ASC 460, Guarantees . The methodology used to determine the adequacy of this reserve is integrated in the Company’s process for establishing the allowance for loan losses and considers the probability of future losses and obligations that may be incurred under these off-balance sheet agreements. The reserve for unfunded loan commitments and letters of credit as of December 31, 2016 and 2015 was $611 thousand and $628 thousand, respectively. Management believes this reserve level is sufficient to absorb estimated probable losses related to these commitments. Reserves for loans sold . As of December 31, 2016, the Company maintains a reserve for estimated losses inherent with residential mortgage loans sold to third-party purchasers with recourse and potential repair requests for guaranteed loans sold to the Small Business Administration (the “SBA”) in accordance with FASB ASC 450, Contingencies . This reserve is determined based upon the probability of future losses which is calculated using historical Company and industry loss data. The recourse reserve for these loans as of December 31, 2016 and 2015 was $1.6 million and $1.4 million, respectively, and is reported in other liabilities in the consolidated statement of financial condition. The Company did not repurchase any loans during the year ended 2016 and made no recourse payments. Management believes this reserve level is sufficient to address potential recourse exposure. 16. COMMITMENTS AND CONTINGENT LIABILITIES (Continued) Leases. The following is a schedule of the Company’s future minimum lease payments under capital leases as of December 31, 2016: FUTURE MINIMUM LEASE PAYMENTS UNDER OBLIGATIONS UNDER CAPITAL LEASES Years Ended December 31, Amount 2017 $ 839 2018 839 2019 839 2020 863 2021 910 Thereafter 4,369 Total minimum lease payments $ 8,659 Less: Amount representing interest 2,367 Present value of minimum lease payment, net $ 6,292 The following table shows future minimum payments under noncancelable operating leases with initial terms of one year or more at December 31, 2016. Future minimum receipts under sub-lease agreements are deemed not material. FUTURE MINIMUM PAYMENTS UNDER NONCANCELABLE OPERATING LEASES Years Ended December 31, Amount 2017 $ 3,687 2018 2,204 2019 1,625 2020 1,550 2021 1,457 Thereafter 3,565 Total minimum lease payments $ 14,088 Rental expense, which is included in occupancy expense on the Company’s consolidated statements of operations for all leases was $2.9 million, $4.2 million and $7.6 million for the years ended December 31, 2016, 2015 and 2014, respectively. During 2016 and 2015, the Company identified three and seven leased facilities, respectively, which have been either fully or partially vacated as a part of the implementation of the Company’s comprehensive restructuring plan. As a result, during the years ended December 31, 2015 and 2014, the Company recognized net charges of $619 thousand and $2.7 million, respectively, for leased office vacancy costs. For each of these leased facilities, a discounted cash flow analysis was performed over the remaining life of the lease inclusive of a sub-lease assumption based on current market rates, if applicable. At December 31, 2016, the Company had a liability of $2.0 million associated with these lease vacancy costs included in other liabilities on the consolidated statements of financial condition. In 2014, the Company renegotiated its existing lease with a related party for its operations facility in Vineland, New Jersey which resulted in a change in the lease termination from October 2027 to October 2017. In connection with the renegotiation, the Company made a one-time payment of $583 thousand in January 2015 to the landlord and the monthly payments were adjusted retroactively to November 2014. As this facility was partially vacated in 2014, this payment was included in the overall analysis to determine the lease vacancy charge noted above.

Derivative Financial Instrument

Derivative Financial Instruments and Hedging Activities	12 Months Ended
	Dec. 31, 2016
Derivative Instruments And Hedging Activities Disclosure [Abstract]
Derivative Financial Instruments and Hedging Activities	17. DERIVATIVE FINANCIAL INSTRUMENTS AND HEDGING ACTIVITIES Derivative financial instruments involve, to varying degrees, interest rate, market and credit risk. The Company manages these risks as part of its asset and liability management process and through credit policies and procedures. The Company seeks to minimize counterparty credit risk by establishing credit limits and collateral agreements. The Company utilizes certain derivative financial instruments to enhance its ability to manage interest rate risk that exists as part of its ongoing business operations. In general, the derivative transactions entered into by the Company fall into one of two types: a fair value hedge of a specific fixed-rate loan agreement and an economic hedge of a derivative offering to a Bank customer. The Company does not use derivative financial instruments for trading purposes. Fair Value Hedges - Interest Rate Swaps . The Company utilizes interest rate swap agreements to hedge interest rate risk. The designated hedged items are subordinated notes related to commercial loans that provide a fixed interest receipt for the Company. The interest rate risk is the uncertainty of future interest rate levels and the impact of changes in rates on the fair value of the loans. The hedging of interest rate risk is intended to reduce the volatility of the fair value of the loans due to changes in the interest rate market. The Company previously entered into interest rate swaps with a counterparty whereby the Company makes payments based on a fixed interest rate and receives payments from the counterparty based on a floating interest rate, both calculated based on the principal amount of the underlying subordinated note, without the exchange of the underlying principal. The Company no longer enters into these interest rate swap transactions, the last of which occurred in August 2007. The interest rate swaps are designated as fair value hedges under FASB ASC 815, Derivatives and Hedging Fair Value Measurements and Disclosures The following tables provide information pertaining to interest rate swaps designated as fair value hedges under FASB ASC 815 at December 31, 2016 and 2015: SUMMARY OF INTEREST RATE SWAPS DESIGNATED AS FAIR VALUE HEDGES December 31, 2016 2015 Balance Sheet Location Notional Fair Value Notional Fair Value Other liabilities $ 1,468 $ (165 ) $ 5,572 $ (351 ) SUMMARY OF INTEREST RATE SWAPS COMPONENTS December 31, 2016 2015 Weighted average pay rate 7.22 % 7.28 % Weighted average receive rate 1.73 % 1.98 % Weighted average maturity in years 2.92 1.53 17. DERIVATIVE FINANCIAL INSTRUMENTS AND HEDGING ACTIVITIES (Continued) Customer Derivatives – Interest Rate Swaps/Floors. The Company enters into interest rate swaps that allow our commercial loan customers to effectively convert a variable-rate commercial loan agreement to a fixed-rate commercial loan agreement. Under these agreements, the Company enters into a variable-rate loan agreement with a customer in addition to an interest rate swap agreement, which serves to effectively swap the customer’s variable-rate into a fixed-rate. The Company then enters into a corresponding swap agreement with a third party in order to economically hedge its exposure through the customer agreement. The interest rate swaps with both the customers and third parties are not designated as hedges under FASB ASC 815 and are marked to market through earnings. As the interest rate swaps are structured to offset each other, changes to the underlying benchmark interest rates considered in the valuation of these instruments do not result in an impact to earnings; however, there may be fair value adjustments related to credit quality variations between counterparties, which may impact earnings as required by FASB ASC 820. The Company recognized $83 thousand, $88 thousand and $1.2 million in negative fair value adjustment charges during the years ended December 31, 2016, 2015 and 2014, respectively. These balances included swap termination fees of $117 thousand, $2 thousand and $1.4 million during the years ended December 31, 2016, 2015 and 2014, respectively. These amounts are included in the derivative credit valuation adjustment in the consolidated statements of operations as a reduction to other income. SUMMARY OF INTEREST RATE SWAPS NOT DESIGNATED AS HEDGING INSTRUMENTS December 31, 2016 2015 Balance Sheet Location Notional Fair Value Notional Fair Value Other assets $ 45,236 $ 2,077 $ 98,976 $ 5,611 Other liabilities (45,236 ) (2,087 ) (98,976 ) (5,649 ) The Company has an International Swaps and Derivatives Association agreement with a third party that requires a minimum dollar transfer amount upon a margin call. This requirement is dependent on certain specified credit measures. The amount of collateral posted with the third party at December 31, 2016 and 2015 was $13.8 million and $19.2 million, respectively. The amount of collateral posted with the third party is deemed to be sufficient to collateralize both the fair market value change as well as any additional amounts that may be required as a result of a change in the specified credit measures. The aggregate fair value of all derivative financial instruments in a liability position with credit measure contingencies and entered into with the third party was $2.0 million and $6.0 million at December 31, 2016 and 2015, respectively.

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2016
Income Tax Disclosure [Abstract]
Income Taxes	18. INCOME TAXES The income tax (benefit) expense for the years ended December 31, 2016, 2015 and 2014 consists of the following: SUMMARY OF INCOME TAX (BENEFIT) EXPENSE Years Ended December 31, 2016 2015 2014 Current $ 138 $ 73 $ 4 Deferred (52,533 ) 1,124 1,313 Income tax (benefit) expense $ (52,395 ) $ 1,197 $ 1,317 18. INCOME TAXES (Continued) Items that gave rise to significant portions of the deferred tax accounts at December 31, 2016 and 2015 are as follows: DETAILS OF DEFERRED TAX ASSET, NET December 31, 2016 2015 Deferred tax asset: Allowance for loan losses $ 6,598 $ 7,613 Impairments realized on investment securities 490 490 Fixed assets 2,502 3,002 Net operating loss carry forwards 110,271 111,335 Unrealized loss on investment securities 1,774 1,210 Alternative minimum tax credits 2,145 2,078 Other 6,315 6,270 Total deferred tax asset before valuation allowance 130,095 131,998 Less: valuation allowance (73,186 ) (128,793 ) Deferred tax liability: Goodwill amortization 3,854 2,734 Deferred loan costs 1,193 1,700 Other 289 295 Total deferred tax liability 5,336 4,729 Net deferred tax asset (liability) $ 51,573 $ (1,524 ) Accounting for income taxes requires that companies assess whether a valuation allowance should be recorded against their deferred tax asset based on an assessment of the amount of the deferred tax asset that is “more likely than not” to be realized. Valuation allowances are established, when necessary, to reduce deferred tax assets to the amount that is more likely than not to be realized. Management assesses the valuation allowance recorded against deferred tax assets at each reporting date. The determination of whether a valuation allowance for deferred tax assets is appropriate is subject to considerable judgment and requires the evaluation of positive and negative evidence that can be objectively verified. Consideration must be given to all sources of taxable income available to realize the deferred tax asset, including, as applicable, the future reversal of existing temporary differences, future taxable income forecasts exclusive of the reversal of temporary differences and carryforwards, taxable income in carryback years and tax planning strategies. In estimating taxes, management assesses the relative merits and risks of the appropriate tax treatment of transactions taking into account statutory, judicial, and regulatory guidance. In 2010, the Company established a valuation allowance for substantially all of the deferred tax assets of the Bank, primarily due to the realization of significant losses driven by charges to the provision for loan losses, a three-year cumulative loss position as of the end of year 2010, and uncertainty regarding the amount of future taxable income that the Bank could forecast. Prior to the fourth quarter of 2016, based on the assessment of all positive and negative evidence, management concluded that there was no sufficient evidence to conclude that it was more likely than not that the Bank would realize the benefits associated with deferred tax assets. Accordingly, the Company maintained a valuation allowance for substantially all of the Bank’s deferred tax assets. The Company has performed a continuing evaluation of its deferred tax asset valuation allowance on a quarterly basis. The Company concluded that, as of December 31, 2016, it is more likely than not that the Company will generate sufficient taxable income within the applicable net operating loss carry-forward periods to realize a portion of its deferred tax assets. Accordingly, during the 18. INCOME TAXES (Continued) fourth quarter of 2016, the Company reversed of a portion of the valuation allowance established against the deferred tax assets of the Company. This reversal resulted in the recognition of an income tax benefit of $53.7 million. This conclusion was reached after weighing all of the evidence and determining that the positive evidence outweighed the negative evidence. This conclusion, and the resulting partial reversal of the deferred tax asset valuation allowance, is based upon consideration of a number of factors, including the Company’s completion of eight consecutive quarters of profitability, its demonstrated ability to meet or exceed budgets, its forecast of future profitability under multiple scenarios that support the partial utilization of net operating loss carryforwards prior to their expiration between 2017 through 2035 and improvements in credit risk management and credit quality measures that have resulted in reduced credit risk and improve management’s ability to forecast future credit losses, among others. The Bank did not factor in any growth in earnings to forecast its future profitability given the stable results in previous quarters. The negative evidence considered by management includes the fact that the Bank remains in a three-year cumulative pre-tax loss position of $8.0 million at December 31, 2016 due to significant charges to the provision for loan losses from bulk sales of problem loans as well as other restructuring charges in 2014. However, this loss position has decreased significantly from the three-year cumulative pre-tax loss position of $26.7 million and $88.7 million as of December 31, 2015 and 2014, respectively. The Company had $261.7 million of federal net operating loss carryforwards at December 31, 2016 of which $34.5 million will expire in 2030, $112.5 million will expire in 2031, $50.0 million will expire in 2032, $25.7 million will expire in 2033, $38.6 million will expire in 2034 and $420 thousand will expire in 2035. The Bank also has $319.1 million of state net operating loss carryforwards at December 31, 2016 of which $31.8 million expire in 2029, $74.7 million expire in 2030, $109.8 million expire in 2031, $45.2 million expire in 2032, $22.3 million expire in 2033 and $35.3 million expire in 2034. The Company’s alternative minimum tax credits of $2.1 million at December 31, 2016 have no expiration date. At December 31, 2016, the Company expects to realize approximately $37.7 million of gross deferred tax assets associated with the Bank’s net operating loss carryforwards prior to their expiration periods. In addition, at December 31, 2016, the Company expects to realize approximately $15.9 million of the gross deferred tax assets attributable to temporary differences or tax credit carry-forwards that have no expiration date. As a result of the partial reversal, the Company’s net deferred tax assets amounted to $51.6 million as of December 31, 2016, net of a valuation allowance of $73.2 million. Management’s conclusion that it more likely than not that $51.6 million of net deferred tax assets will be realized is based, among other things, on management’s estimate of future taxable income. Management’s estimate of future taxable income is based on objectively verifiable evidence of future profitability. If events are identified that affect the Company’s ability to utilize its deferred tax assets, the analysis will be updated to determine if any adjustments to the valuation allowance are required. If actual results differ significantly from the current estimates of future taxable income or if federal or state tax rates are reduced, the remaining valuation allowance may need to be increased. Such an increase could have a material adverse effect on the Company’s financial condition and results of operations. Better than expected results and continued positive results and trends could result in further releases to the deferred tax valuation allowance, any such decreases could have a material positive effect on the Company’s financial condition and results of operations. The ability to recognize the remaining deferred tax assets that continue to be subject to a valuation allowance will be evaluated on a quarterly basis to determine if there are any significant events that would affect the ability to utilize these deferred tax assets. The 2015 tax expense primarily related to the deferred tax liability on the Company’s goodwill that is not available to offset existing deferred tax assets. 18. INCOME TAXES (Continued) The provision for income taxes differs from that computed at the statutory rate as follows: RECONCILIATION OF FEDERAL STATUTORY INCOME TAX Years Ended December 31, 2016 2015 2014 Amount % Amount % Amount % Income (loss) before income taxes $ 9,022 $ 11,417 $ (28,491 ) Tax computed at statutory rate 3,067 34.0 % 3,996 35.0 % (9,972 ) 35.0 % Increase (decrease) in charge resulting from: State taxes, net of federal benefit 72 0.8 804 7.0 (1,606 ) 5.6 Tax exempt interest, net (10 ) (0.1 ) (309 ) (2.7 ) (469 ) 1.7 BOLI (657 ) (7.3 ) (715 ) (6.3 ) (664 ) 2.3 Valuation allowance (55,003 ) (609.6 ) (3,853 ) (33.7 ) 13,297 (46.7 ) Other, net 136 1.5 1,274 11.2 731 (2.5 ) Total income tax (benefit) expense $ (52,395 ) (580.7 )% $ 1,197 10.5 % $ 1,317 (4.6 )% FASB ASC 740 clarifies the accounting for income taxes by prescribing a minimum probability threshold that a tax position must meet before a financial statement benefit is recognized. The minimum threshold is defined in ASC 740 as a tax position that is more likely than not to be sustained upon examination by the applicable taxing authority, including resolution of any related appeals or litigation processes, based on the technical merits of the position. The tax benefit to be recognized is measured as the largest amount of benefit that has a greater than 50% likelihood of being realized upon ultimate settlement. ASC 740 was applied to all existing tax positions upon initial adoption. The Company recognizes, when applicable, interest and penalties related to unrecognized tax benefits in the provision for income taxes in the results of operations. As of December 31, 2016, the 2012 through 2015 tax years were subject to examination by the Internal Revenue Service (the “IRS”) and to state examination. There are currently no IRS examinations in process.

Earnings (Loss) Per Common Shar

Earnings (Loss) Per Common Share	12 Months Ended
	Dec. 31, 2016
Earnings Per Share [Abstract]
Earnings (Loss) Per Common Share	19. EARNINGS (LOSS) PER COMMON SHARE Basic earnings (loss) per share is computed by dividing net income (loss) available to common shareholders by the weighted average number of shares of common stock outstanding, net of any treasury shares, during the period. Diluted earnings per share is calculated by dividing net income (loss) available to common shareholders by the weighted average number of shares of common stock outstanding, net of any treasury shares, after consideration of the potential dilutive effect of common stock equivalents, based upon the treasury stock method using an average market price for the period. Earnings (loss) per share for the years ended December 31, 2016, 2015 and 2014 were calculated as follows: EARNINGS (LOSS) PER COMMON SHARE COMPUTATION Years Ended December 31, 2016 2015 2014 Net income (loss) available to common shareholders $ 61,417 $ 10,220 $ (29,808 ) Average common shares outstanding 18,843,077 18,648,339 17,830,018 Net effect of dilutive shares 90,253 61,820 — Dilutive common shares outstanding 18,933,330 18,710,159 17,830,018 Earnings (loss) per share – basic $ 3.26 $ 0.55 $ (1.67 ) Earnings (loss) per share – diluted 1 $ 3.24 $ 0.55 $ (1.67 )

Regulatory Matters

Regulatory Matters	12 Months Ended
	Dec. 31, 2016
Banking And Thrift [Abstract]
Regulatory Matters	20. REGULATORY MATTERS The Company is subject to risk-based capital guidelines adopted by the FRB for bank holding companies. The Bank is also subject to similar capital requirements adopted by the OCC. The federal bank regulatory agencies have established quantitative measures to ensure that minimum thresholds for Total Capital, Tier 1 Capital and Leverage (Tier 1 Capital 20. REGULATORY MATTERS (Continued) divided by average assets) ratios (set forth in the table below) are maintained. Pursuant to the Dodd-Frank Act, the federal bank regulatory agencies issued the Final Capital Rules. The Final Capital Rules revised the quantity and quality of required minimum risk-based and leverage capital requirements applicable to the Bank and the Company, consistent with the Dodd-Frank Act and the Basel III capital standards. The Final Capital Rules revised the quantity and quality of capital required by (1) establishing a new minimum common equity Tier 1capital ratio of 4.5% of risk-weighted assets; (2) increasing the minimum capital ratio from 4.0% to 6.0% of risk-weighted assets; (3) maintaining the minimum total capital ratio of 8.0% of risk-weighted assets; and (4) maintaining a minimum Tier 1 leverage capital ratio of 4.0%. Failure to meet minimum capital requirements can result in certain mandatory and possibly additional discretionary, actions by regulators that, if undertaken, could have a direct material effect on the Company’s and the Bank’s consolidated financial statements. Furthermore, the Final Capital Rules added a requirement for a minimum common equity Tier 1 capital conservation buffer of 2.5% of risk-weighted assets (“the Conservation Buffer”) to be applied to the common equity Tier 1 capital ratio, the Tier 1 capital ratio and the total capital ratio. The required minimum Conservation Buffer began to be phased in incrementally, starting at 0.625% on January 1, 2016, increased to 1.25% on January 1, 2017, and will increase to 1.875% on January 1, 2018 and 2.5% on January 1, 2019. If a bank’s or bank holding company’s Conservation Buffer is less than the required minimum and its net income for the four calendar quarters preceding the applicable calendar quarter, net of any capital distributions and associated tax effects not already reflected in net income (“Eligible Retained Income”) is negative, it would be prohibited from making capital distributions or certain discretionary cash bonus payments to executive officers. As a result, under the Final Capital Rules, should we fail to maintain the Conservation Buffer we would be subject to limits on, and in the event we have negative Eligible Retained Income for any four consecutive calendar quarters, we would be prohibited in, our ability to obtain capital distributions from the Bank. 20. REGULATORY MATTERS (Continued) The following table provides both the Company’s and the Bank’s risk-based capital ratios as of December 31, 2016 and 2015. REGULATORY CAPITAL LEVELS Actual For Capital Adequacy Purposes Minimum Capital Requirement with Conservation Buffer (1) To Be Well Capitalized Under Prompt Corrective Action Provisions (2) Amount Ratio Amount Ratio Amount Ratio Amount Ratio December 31, 2016 Total risk-based capital (to risk-weighted assets): Sun Bancorp, Inc. $ 354,078 21.63 % $ 130,929 8.00 $ 141,157 8.625 % N/A Sun National Bank 324,196 19.85 130,664 8.00 140,872 8.625 $ 163,330 10.00 % Tier 1 common equity capital ratio (to risk-weighted assets): Sun Bancorp, Inc. 262,386 16.03 73,647 4.50 83,876 5.125 N/A Sun National Bank 308,043 18.86 73,498 4.50 83,707 5.125 106,164 6.50 Tier 1 capital (to risk-weighted assets): Sun Bancorp, Inc. 309,910 18.94 98,196 6.00 108,425 6.625 N/A Sun National Bank 308,043 18.86 97,998 6.00 108,206 6.625 130,664 8.00 Leverage capital: Sun Bancorp, Inc. 309,910 14.57 85,092 4.00 N/A N/A Sun National Bank 308,043 14.50 84,959 4.00 N/A 106,199 5.00 December 31, 2015 Total risk-based capital (to risk-weighted assets): Sun Bancorp, Inc. $ 328,575 21.04 % $ 124,914 8.00 % N/A N/A Sun National Bank 297,735 19.11 124,649 8.00 N/A $ 155,811 10.00 % Tier 1 common equity capital ratio (to risk-weighted assets): Sun Bancorp, Inc. 219,939 14.09 70,264 4.50 N/A N/A Sun National Bank 279,100 17.91 70,115 4.50 N/A 101,277 6.50 Tier 1 capital (to risk-weighted assets): Sun Bancorp, Inc. 274,928 17.61 93,685 6.00 N/A N/A Sun National Bank 279,100 17.91 93,487 6.00 N/A 124,648 8.00 Leverage capital: Sun Bancorp, Inc. 274,928 12.19 90,203 4.00 N/A N/A Sun National Bank 279,100 12.39 90,069 4.00 N/A 112,587 5.00 (1) Conservation Buffer of 0.625% became effective as of January 1, 2016. (2) Not applicable for bank holding companies. At December 31, 2016 and 2015, the Company and the Bank exceeded the required ratios for classification as “well capitalized.” At December 31, 2015 the Bank was also subject to individual minimum capital ratios established by the OCC requiring the Bank to continue to maintain a Leverage ratio at least equal to 8.50% of adjusted total assets, to continue to maintain a Tier 1 Capital ratio at least equal to 9.50% of risk-weighted assets and to maintain a Total Capital ratio at least equal to 11.50% of risk-weighted assets. At December 31, 2015, the Bank met all of the three capital ratios established by the OCC as its Leverage ratio was 12.39%, its Tier 1 Capital ratio was 17.91%, and its Total Capital ratio was 19.85%. On April 15, 2010, the Bank entered into the OCC Agreement which contained requirements to develop and implement a profitability and capital plan that would provide for the maintenance of adequate capital to support the Bank’s risk profile. 20. REGULATORY MATTERS (Continued) The Bank also agreed to: (a) adopt and implement a program to protect the Bank’s interest in criticized or classified assets; (b) review and revise the Bank’s loan review program; (c) adopt and implement a program for the maintenance of an adequate allowance for loan losses; and (d) revise the Bank’s credit administration policies. The Bank also agreed that its brokered deposits will not exceed 6.0% of its total deposits unless approved by the OCC. Effective January 21, 2016, the OCC terminated the OCC Agreement and the individual minimum capital requirement to which the Bank was subject and the requirements noted above were eliminated. Separately, on January 21 2016, without admitting or denying any wrongdoing, the Bank entered into a Consent Order with the OCC to pay a $25,000 civil money penalty in connection with various deficiencies identified by the OCC in the mortgage banking practices of Sun Home Loans, a former division of the Bank which was closed in July 2014 when the Bank exited the residential mortgage lending business as part of a comprehensive strategic restructuring. The identified deficiencies occurred from July 2011 through September 2013. In addition, the Company had been required to seek the prior approval of the Federal Reserve Bank before paying interest, principal or other sums on trust preferred securities or any related subordinated debentures, declaring or paying cash dividends or receiving dividends from the Bank, repurchasing outstanding stock or incurring indebtedness. The Company also was required to submit, and periodically update, a capital plan, a profit plan and cash flow projections, as well as other progress reports to the Federal Reserve Bank. The foregoing requirements were terminated by the Federal Reserve Bank in October 2016. The Bank is subject to various statutory and regulatory restrictions on its ability to pay dividends to the Company. All national banks are limited in the payment of dividends without the approval of the OCC of a total amount not to exceed the net income for that year to date plus the retained net income for the preceding two years. Federal law also prohibits national banks from paying dividends that would be greater than the bank’s undivided profits after deducting statutory bad debt in excess of the bank’s allowance for loan losses. Due to the Bank’s history of losses and retained deficit as of December 31, 2016, the Bank may not pay dividends; however, federal law permits the Bank to distribute cash or other assets to the Company through a reduction of capital, subject to approval by the OCC. At such time as the retained deficit is eliminated, any proposed dividends from the Bank to the Company are subject to regulatory approval until such time as net income for the current year combined with the prior two years is sufficient. Under FDICIA, an insured depository institution such as the Bank is prohibited from making capital distributions, including the payment of dividends, if, after making such distribution, the institution would become “undercapitalized” (as such term is used in the FDICIA). Payment of dividends by the Bank also may be restricted at any time at the discretion of the OCC if it deems the payment to constitute an unsafe and unsound banking practice. FDIC assessment expense of $1.0 million, $3.1 million and $3.8 million was recognized during the years ended December 31, 2016, 2015 and 2014, respectively. The Company’s capital securities are deconsolidated in accordance with GAAP and qualify as Tier 1 capital under federal regulatory guidelines. These instruments are subject to a 25% capital limitation under risk-based capital guidelines developed by the FRB. Under FRB rules, restricted core capital elements, which are qualifying trust preferred securities, qualifying cumulative perpetual preferred stock (and related surplus) and certain minority interests in consolidated subsidiaries, are limited in the aggregate to no more than 25% of a bank holding company’s core capital elements (including restricted core capital elements), net of goodwill less any associated deferred tax liability. However, under the Dodd-Frank Act, bank holding companies are prohibited from including in their Tier 1 capital hybrid debt and equity securities, including trust preferred securities, issued on or after May 19, 2010. Any such instruments issued before May 19, 2010 by a bank holding company, such as the Company, with total consolidated assets of less than $15 billion as of December 31, 2009, may continue to be included as Tier 1 capital (subject to the 25% limitation) .

Fair Value of Financial Instrum

Fair Value of Financial Instruments	12 Months Ended
	Dec. 31, 2016
Fair Value Disclosures [Abstract]
Fair Value of Financial Instruments	21. FAIR VALUE OF FINANCIAL INSTRUMENTS The Company accounts for fair value measurements in accordance with FASB ASC 820. FASB ASC 820 defines fair value, establishes a framework for measuring fair value and expands disclosures about fair value measurements. FASB ASC 820 does not require any new fair value measurements. The definition of fair value retains the exchange price notion in earlier definitions of fair value. FASB ASC 820 clarifies that the exchange price is the price in an orderly transaction between market participants to sell the asset or transfer the liability in the market in which the reporting entity would transact for the asset or liability. The definition focuses on the price that would be received to sell the asset or paid to transfer the liability (an exit price), not the price that would be paid to acquire the asset or received to assume the liability (an entry price). FASB ASC 820 emphasizes that fair value is a market-based measurement, not an entity-specific measurement and also clarifies the application of fair value measurement in a market that is not active. FASB ASC 820 describes three levels of inputs that may be used to measure fair value: Level 1 Quoted prices in active markets for identical assets or liabilities. Level 2 Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly. Level 2 inputs include: quoted prices for similar assets or liabilities in active markets; quoted prices for identical or similar assets or liabilities in markets that are not active; inputs other than quoted prices that are observable for the asset or liability; and inputs that are derived principally from or corroborated by observable market data by correlation or other means. Level 3 Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities. Level 3 assets and liabilities include financial instruments whose value is determined using pricing models, discounted cash flow methodologies, or similar techniques, as well as instruments for which the determination of fair value requires significant management judgment or estimation. 21. FAIR VALUE OF FINANCIAL INSTRUMENTS (Continued) FASB ASC 820 requires the Company to disclose the fair value of financial assets on both a recurring and non-recurring basis. Those assets and liabilities which will continue to be measured at fair value on a recurring basis are as follows: SUMMARY OF RECURRING FAIR VALUE MEASUREMENTS Category Used for Fair Value Measurement Total Level 1 Level 2 Level 3 December 31, 2016 Assets: Investment securities available for sale: U.S. Treasury securities $ 2,498 $ 2,498 $ — $ — U.S. Government agency securities — — — — U.S. Government agency mortgage-backed securities 244,544 — 244,544 — Other mortgage-backed securities 114 — 114 — Trust preferred securities 9,851 — — 9,851 Collateralized loan obligations 37,319 — 37,319 — Other securities 1,360 1,360 — — Hedged commercial loans 1,634 — 1,634 — Interest rate swaps 2,077 — 2,077 — Liabilities: Fair value interest rate swaps 165 — 165 — Interest rate swaps 2,087 — 2,087 — December 31, 2015 Assets: Investment securities available for sale: U.S. Treasury securities $ 2,484 $ 2,484 $ — $ — U.S. Government agency securities 4,902 — 4,902 — U.S. Government agency mortgage-backed securities 205,512 — 205,512 — Other mortgage-backed securities 182 — 182 — Trust preferred securities 10,174 — — 10,174 Collateralized loan obligations 58,996 — 58,996 — Other securities 625 625 — — Hedged commercial loans 5,924 — 5,924 — Interest rate swaps 5,611 — 5,611 — Liabilities: Fair value interest rate swaps 351 — 351 — Interest rate swaps 5,649 — 5,649 — Level 1 Valuation Techniques and Inputs U.S. Treasury securities. The Company reports U.S. Treasury securities at fair value utilizing Level 1 inputs. These securities are priced using observable quotations for the indicated security. Other securities. The other securities category is comprised of money market mutual funds. Given the short maturity structure and the expectation that the investment can be redeemed at par value, the fair value of these investments is assumed to be the book value. Level 2 Valuation Techniques and Inputs The majority of the Company’s investment securities are reported at fair value utilizing Level 2 inputs. Prices of these securities are obtained through independent, third-party pricing services. Prices obtained through these sources include market derived quotations and matrix pricing and may include both observable and unobservable inputs. Fair market values take into consideration data such as dealer quotes, new issue pricing, trade prices for similar issues, prepayment estimates, cash flows, market credit spreads and other factors. The Company reviews the output from the third-party providers for reasonableness by the pricing consistency among securities with similar characteristics, where available, and comparing values with other pricing sources available to the Company. 21. FAIR VALUE OF FINANCIAL INSTRUMENTS (Continued) In general, the Level 2 valuation process uses the following significant inputs in determining the fair value of the Company’s different classes of investments: U.S. Government agency securities. These securities are evaluated based on either a nominal spread basis for non-callable securities or on an option adjusted spread (“OAS”) basis for callable securities. The nominal spread and OAS levels are derived from observations of identical or comparable securities actively trading in the markets. U.S. Government agency mortgage-backed securities. The Company’s agency mortgage-backed securities generally fall into one of two categories, fixed-rate agency mortgage-backed pools or adjustable-rate agency mortgage-backed pools. Fixed-rate agency mortgage-backed pools are evaluated based on spreads to actively traded To-Be-Announced (“TBA”) and seasoned securities, the pricing of which is provided by inter-dealer brokers, broker dealers and other contributing firms active in trading the security class. Further delineation is made by weighted average coupon (“WAC”) and weighted average maturity (“WAM”) with spreads on individual securities relative to actively traded securities as determined and quality controlled using OAS valuations. Adjustable-rate agency mortgage-backed pools are valued on a bond equivalent effective margin (“BEEM”) basis obtained from broker dealers and other contributing firms active in the market. BEEM levels are established for key sectors using characteristics such as month-to-roll, index, periodic and life caps and index margins and convertibility. Individual securities are then evaluated based on how their characteristics map to the sectors established. Other mortgage-backed securities. The Company’s other mortgage-backed securities consist of whole loan, non-agency collateralized mortgage obligations (“CMOs,” individually, each a “CMO”). These securities are evaluated based on generic tranche and generic prepayment speed estimates of various types of collateral from contributing firms and broker/dealers in the whole loan CMO market. Collateralized loan obligations. The fair value measurements for collateralized loan obligations are obtained through quotes obtained from broker/dealers based on similar actively traded securities. Hedged commercial loans . The hedged commercial loans are one component of a declared hedging relationship as defined under FASB ASC 815. The interest rate swap component of the declared hedging relationships is carried at its fair value and the carrying value of the commercial loans included a similar change in fair values. The fair value of these loans is estimated through discounted cash flow analysis which utilizes available credit and interest rate market data on performance of similar loans. Interest rate swaps. The Company’s interest rate swaps, including fair value interest rate swaps and small exposures in interest rate caps and floors, are reported at fair value utilizing models provided by an independent, third-party and observable market data. When entering into an interest rate swap agreement, the Company is exposed to fair value changes due to interest rate movements, and also the potential nonperformance of its contract counterparty. Interest rate swaps are evaluated based on a zero coupon LIBOR curve created from readily observable data on LIBOR, interest rate futures and the interest rate swap markets. The zero coupon curve is used to discount the projected cash flows on each individual interest rate swap. In addition, the Company has developed a methodology to value the nonperformance risk based on internal credit risk metrics and the unique characteristics of derivative instruments, which include notional exposure rather than principal at risk and interest payment netting. The results of this methodology are used to adjust the base fair value of the instrument for the potential counterparty credit risk. Interest rate caps and floors are evaluated using industry standard options pricing models and observed market data on LIBOR and Eurodollar option and cap/floor volatilities. 21. FAIR VALUE OF FINANCIAL INSTRUMENTS (Continued) Level 3 Valuation Techniques and Inputs Trust preferred securities. The trust preferred securities are evaluated based on whether the security is an obligation of a single issuer or part of a securitization pool. For single issuer obligations, the Company uses discounted cash flow models which incorporate the contractual cash flow for each issue adjusted as necessary for any potential changes in amount or timing of cash flows. The cash flow model of a pooled issue incorporates anticipated loss rates and severities of the underlying collateral as well as credit support provided within the securitization. At least quarterly, the Company’s Treasury personnel review the modeling assumptions which include default assumptions, discount and forward rates. Changes in these assumptions could potentially have a significant impact on the fair value of the trust preferred securities. The cash flow model for the pooled issue owned by the Company at December 31, 2016 assumes no recovery on defaulted collateral, no recovery on securities in deferral and an additional 3.6% future default rate assumption on the remaining performing collateral every three years with no recovery rate. For trust preferred securities, projected cash flows are discounted at a rate based on a trading group of similar securities quoted on the New York Stock Exchange (“NYSE”) or over-the-counter markets which is reviewed for market data points such as credit rating, maturity, price and liquidity. The Company indexes the market securities to a comparable maturity interest rate swap to determine the market spread, which is then used as the discount rate in the cash flow models. As of the reporting date, the market spreads were 2.75% for the pooled security and 5.25% for the single issuer. An increase or decrease of 3% in the discount rate on the pooled issue would result in a decrease of $2.2 million or an increase of $3.1 million in the security fair value, respectively. An increase or decrease of 3% in the discount rate on the single issuer would result in a decrease of $910 thousand or an increase of $1.5 million in the security fair value, respectively. The following provides details of the Level 3 fair value measurement activity for the years ended December 31, 2016 and 2015: FAIR VALUE MEASUREMENTS USING SIGNIFICANT UNOBSERVABLE INPUTS – LEVEL 3 INVESTMENT SECURITIES For the Years Ended December 31, 2016 2015 Balance, beginning of year $ 10,175 $ 9,410 Total gains (losses), realized/unrealized: Included in earnings 5 3 Included in accumulated other comprehensive income (329 ) 762 Purchases — — Maturities — — Prepayments — — Calls — — Transfers out of Level 3 — — Balance, end of year $ 9,851 $ 10,175 There were no transfers between the three levels for the years ended December 31, 2016 and 2015, respectively. 21. FAIR VALUE OF FINANCIAL INSTRUMENTS (Continued) Certain assets are measured at fair value on a non-recurring basis; that is, the instruments are not measured at fair value on an ongoing basis, but are subject to fair value adjustments in certain circumstances (for example, when there is evidence of impairment). The Company measures impaired loans, loans held-for-sale, bank properties and equipment, bank properties transferred to other real estate owned and SBA servicing assets at fair value on a non-recurring basis. At December 31, 2016 and 2015, these assets were valued in accordance with GAAP, and except for impaired loans and real estate owned included in the following table, did not require fair value disclosure under the provisions of FASB ASC 820. The related changes in fair value for the years ended December 31, 2016 and 2015 are as follows: SUMMARY OF NON-RECURRING FAIR VALUE MEASUREMENTS Category Used for Fair Value Measurement Total (Losses) Gains Or Changes Total Level 1 Level 2 Level 3 in Net Assets December 31, 2016 Assets: Impaired loans $ 799 $ — $ — $ 799 $ (65 ) December 31, 2015 Assets: Impaired loans $ 1,161 $ — $ — $ 1,161 $ (64 ) Real estate owned 281 — — 281 (56 ) Under FASB ASC 310, the fair value of collateral dependent impaired loans is based on the fair value of the underlying collateral, typically real estate, which is based on valuations. It is the policy of the Company to obtain a current appraisal or evaluation when a loan has been identified as non-performing. The type of appraisal obtained will be commensurate with the size and complexity of the loan. The resulting value will be adjusted for the potential cost of liquidation and decline of values in the market. New appraisals are obtained on an annual basis until the loan is repaid in full, liquidated or returns to performing status. While the loan policy dictates that a loan be assigned to the special assets department when it is placed on non-accrual status, there is a need for loan officers to consistently and accurately determine collateral values when a loan is initially designated as criticized or classified. The most effective means of determining the fair value of real estate collateral at a point in time is by obtaining a current appraisal or evaluation of the property. In anticipation of the receipt of a current appraisal or evaluation, the Company has provided for an alternative and interim means of determining the fair value of the real estate collateral. The most recent appraised or reported value of the collateral securing a loan, net of a discount for the estimated cost of liquidation, is the Company’s basis for determining fair value. The following table summarizes the Company’s appraisal approach based upon loan category. Loan Category Used for Impairment Review Method of Determining the Value Loans less than $1 million Evaluation or restricted use appraisal Loans $1 million or greater Existing appraisal 18 months or less Restricted use appraisal Existing appraisal greater than 18 months Summary form appraisal Commercial loans secured primarily by residential real estate Loans less than $1 million Automated valuation model Loans $1 million or greater Summary form appraisal Non-commercial loans secured primarily by residential real estate Loans less than $250,000 Automated valuation model or Summary form appraisal Loans $250,000 or greater Summary form appraisal An evaluation report, as defined by the OCC, is a written report prepared by an appraiser that describes the real estate collateral, its condition, current and projected uses and sources of information used in the analysis, and provides an estimate of value in situations when an appraisal is not required. 21. FAIR VALUE OF FINANCIAL INSTRUMENTS (Continued) A restricted use appraisal report is defined as a written report prepared under the Uniform Standards of Professional Appraisal Practice (“USPAP”). A restricted use appraisal is for the Company’s use only and contains a brief statement of information significant to the determination of the value of the collateral under review. This report can be used for ongoing collateral monitoring. A summary form appraisal report is defined as a written report prepared under the USPAP which contains a detailed summary of all information significant to the determination of the collateral valuation. This report is more detailed than a restricted use report and provides sufficient information to enable the user to understand the rationale for the opinions and conclusions in the report. An automated valuation model is an internal computer program that estimates a property’s market value based on market, economic, and demographic factors. On a quarterly basis, or more frequently as necessary, the Company will review the circumstances of each collateral dependent loan and real estate owned property. A collateral dependent loan is defined as one that relies solely on the operation or the sale of the collateral for repayment. Adjustments to any specific reserve relating to a collateral shortfall, as compared to the outstanding loan balance, will be made if justified by appraisals, market conditions or current events concerning the credit. All appraisals received which are utilized to determine valuations for criticized and classified loans or properties placed in real estate owned are provided under an “as is value”. Partially charged off loans are measured for impairment upon receipt of an updated appraisal based on the relationship between the remaining balance of the charged down loan and the discounted appraised value. Such loans will remain on non-accrual status unless performance by the borrower warrants a return to accrual status. Recognition of non-accrual status occurs at the time a loan can no longer support principal and interest payments in accordance with the original terms and conditions of the loan documents. When impairment is determined, a specific reserve reflecting any calculated shortfall between the value of the collateral and the outstanding balance of the loan is recorded. Subsequent adjustments, prior to receipt of a new appraisal, to any related specific reserve will be made if justified by market conditions or current events concerning the loan. If an internal discount-based evaluation is being used, the discount percentage may be adjusted to reflect market changes, changes to the collateral value of similar credits or circumstances of the individual loan itself. The amount of charge off is determined by calculating the difference between the current loan balance and the current collateral valuation, plus estimated cost to liquidate. Impaired loan fair value measurements are based upon unobservable inputs, and therefore, are categorized as a Level 3 measurement. No specific reserves were calculated for impaired loans with an aggregate carrying amount of $799 thousand and $1.2 million at December 31, 2016 and 2015, respectively, as the underlying collateral was not below the carrying amount; however, these loans did include charge-offs of $632 thousand, of which $567 thousand related to loans which were fully charged off at December 31, 2016, and $888 thousand, of which $823 thousand related to loans which were fully charged off at December 31, 2015. Once a loan is determined to be uncollectible, the underlying collateral is repossessed and reclassified as other real estate owned. The balance of other real estate owned also includes bank properties transferred from operations. These assets are carried at lower of cost or fair value of the collateral, less cost to sell. In some cases, adjustments are made to the appraised values for various factors including age of the appraisal, age of comparable properties included in the appraisal, and known changes in the market and the collateral. During the year ended December 31, 2016, the Company did not transfer any loans or properties to other real estate owned. In accordance with ASC 825-10-50-10, Fair Value of Financial Instruments 21. FAIR VALUE OF FINANCIAL INSTRUMENTS (Continued) CARRYING AMOUNTS AND ESTIMATED FAIR VALUES OF FINANCIAL INSTRUMENTS December 31, 2016 2015 Carrying Amount Estimated Fair Value Carrying Amount Estimated Fair Value Assets: Cash and due from banks $ 19,645 $ 19,645 $ 21,836 $ 21,836 Interest-earning bank balances 114,563 114,563 182,479 182,479 Restricted cash 5,000 5,000 5,000 5,000 Investment securities available for sale 295,686 295,686 282,875 282,875 Investment securities held to maturity 250 250 250 250 Loans receivable, net 1,592,743 1,575,818 1,524,577 1,460,080 Hedged commercial loans (1) 1,634 1,634 5,924 5,924 Restricted equity investments 15,791 15,791 15,733 15,733 Interest rate swaps 2,077 2,077 5,611 5,611 Liabilities: Demand deposits 1,095,012 1,070,680 1,186,348 1,166,898 Savings deposits 241,754 235,216 221,620 213,498 Time deposits 404,597 412,903 338,134 339,294 Advances from FHLBNY 85,416 85,703 85,607 85,790 Junior subordinated debentures 92,786 64,282 92,786 63,520 Fair value interest rate swaps 165 165 351 351 Interest rate swaps 2,087 2,087 5,649 5,649 (1) Includes positive market value adjustment of $165 thousand and $351 thousand at December 31, 2016 and December 31, 2015, respectively, which is equal to the change in value of related interest rate swaps designated as fair value hedges of these hedged loans in accordance with FASB ASC 815. Cash and cash equivalents. For cash and cash equivalents, the carrying amount is a reasonable estimate of fair value. This is a Level 1 fair value input. Restricted cash. For restricted cash, the carrying amount is a reasonable estimate of fair value. This is a Level 1 fair value input. Investment securities. For investment securities, fair values are based on a combination of quoted prices for identical assets in active markets, quoted prices for similar assets in markets that are either actively or not actively traded and pricing models, discounted cash flow methodologies, or similar techniques that may contain unobservable inputs that are supported by little or no market activity and require significant judgment. The fair value of available-for-sale securities is measured utilizing Level 1, Level 2 and Level 3 inputs. The fair value of held-to-maturity securities is measured utilizing Level 2 inputs. Loans receivable, net. The fair value of loans receivable is estimated using a discounted cash flow analysis. Projected future cash flows are calculated using loan characteristics, and assumptions of voluntary and involuntary prepayment speeds. For performing loans Level 2 inputs are utilized as the cash flow analysis is performed using available market data on the performance of similar loans. Projected cash flows are prepared using discount rates believed to represent current market rates. For non-performing loans, the cash flow assumptions are considered Level 3 inputs as market data is not readily available. Hedged commercial loans. The hedged commercial loans are one component of a declared hedging relationship as defined under FASB ASC 815. The interest rate swap component of the declared hedging relationship is carried at their fair value and the 21. FAIR VALUE OF FINANCIAL INSTRUMENTS (Continued) carrying value of the commercial loans includes a similar change in fair values. The fair value of these loans is measured utilizing Level 2 inputs. Restricted equity securities. Ownership in equity securities of FRB, FHLBNY, and Atlantic Central Bankers Bank is restricted and there is no established market for their resale. The carrying amount is a reasonable estimate of fair value. As these securities are readily marketable, the fair value is based on Level 2 inputs. Interest rate swaps/floors and fair value interest rate swaps . The Company’s derivative financial instruments are not exchange-traded and therefore are valued utilizing models with the primary input being readily observable market parameters, specifically the LIBOR swap curve. In addition, the Company incorporates a qualitative fair value adjustment related to credit quality variations between counterparties as required by FASB ASC 820. This is a Level 2 input. Demand deposits, savings deposits and time deposits. The fair value of demand deposits and savings deposits is determined by projecting future cash flows using an estimated economic life based on account characteristics, a Level 2 input. The resulting cash flow is discounted using rates available on alternative funding sources. The fair value of time deposits is estimated using the rate and maturity characteristics of the deposits to estimate their cash flow. This cash flow is discounted at rates for similar term wholesale funding. Junior subordinated debentures. The fair value was estimated by discounting approximate cash flows of the borrowings by yields estimating the fair value of similar issues. The valuation model considers current market spreads known and anticipated credit issues of the underlying collateral, term and reinvestment period and market transactions of similar issues, if available. This is a Level 3 input under the fair value hierarchy. The fair value estimates presented herein are based on pertinent information available to management as of December 31, 2016 and 2015. Although management is not aware of any factors that would significantly affect the estimated fair value amounts, such amounts have not been comprehensively revalued for purposes of these consolidated financial statements since those dates and, therefore, current estimates of fair value may differ significantly from the amount presented herein.

Related Party Transactions

Related Party Transactions	12 Months Ended
	Dec. 31, 2016
Related Party Transactions [Abstract]
Related Party Transactions	22. RELATED PARTY TRANSACTIONS Certain officers, directors and their associates (related parties) have loans and conduct other transactions with the Company. Such transactions are made on substantially the same terms, including interest rates and collateral, as those prevailing at the time for other non-related party transactions. Related party activity for the years ended December 31, 2016 and 2015 is summarized as follows: SUMMARY OF LOANS TO RELATED PARTIES At or for the Years Ended December 31, 2016 2015 Balance, beginning of year $ 2,433 $ 38,490 Additions — — Other reductions (1) (236 ) — Repayments (1,773 ) (36,057 ) Balance, end of year $ 424 $ 2,433 (1) Represents balances at the beginning of the period for related parties who left the Company during the course of the year. 22. RELATED PARTY TRANSACTIONS (Continued) Interest income earned on related party loans was $21 thousand and $86 thousand for the years ended December 31, 2016 and 2015, respectively. Certain office space of the Company is leased from companies affiliated with former Directors who remain affiliates of the Company under separate agreements with the Company. Terms of these five agreements at December 31, 2016 are as follows: SUMMARY OF LEASES WITH AFFILIATES December 31, 2016 Annual Rental Payment Renewal Option Remaining Annual Rental Increases Expiration date: January 2017 $ 167 2 five-year terms Fixed October 2017 1,408 N/A N/A August 2025 (1) 570 4 five-year terms Fixed January 2027 174 4 five-year terms Fixed June 2029 (2) 269 N/A CPI (1) This lease is recorded as a $3.9 million obligation under capital lease at December 31, 2016. (2) This lease is recorded as a $2.4 million obligation under capital lease at December 31, 2016. At the time of each of the related party transactions described above, the Company determined that each transaction was on terms as fair to the Company as could have been obtained from unaffiliated third parties.

Condensed Financial Information

Condensed Financial Information of Parent Company	12 Months Ended
	Dec. 31, 2016
Condensed Financial Information Of Parent Company Only Disclosure [Abstract]
Condensed Financial Information of Parent Company	23. CONDENSED FINANCIAL INFORMATION OF PARENT COMPANY The condensed financial statements of Sun Bancorp, Inc. are as follows: CONDENSED STATEMENTS OF FINANCIAL CONDITION December 31, 2016 2015 Assets: Cash and due from banks $ 27,041 $ 29,222 Investments in subsidiaries: Bank subsidiaries 379,827 315,551 Non-bank subsidiaries 2,786 2,786 Accrued interest receivable and other assets 5,304 3,683 Total assets $ 414,958 $ 351,242 Liabilities and Shareholders’ Equity: Liabilities Junior subordinated debentures $ 92,786 $ 92,786 Other liabilities 2,463 2,068 Total liabilities 95,249 94,854 Shareholders’ equity 319,709 256,388 Total liabilities and shareholders’ equity $ 414,958 $ 351,242 23. CONDENSED FINANCIAL INFORMATION OF PARENT COMPANY (Continued) CONDENSED STATEMENTS OF OPERATIONS Years Ended December 31, 2016 2015 2014 Interest expense $ (2,574 ) $ (2,200 ) $ (2,150 ) Other expenses (4,638 ) (3,791 ) (4,037 ) Management fee income 4,715 3,886 4,130 Loss before equity in undistributed loss of subsidiaries and income tax benefit (2,497 ) (2,105 ) (2,057 ) Equity in undistributed income (loss) of subsidiaries 62,911 11,639 (28,480 ) Income tax benefit 1,003 686 729 Net income (loss) available to common shareholders $ 61,417 $ 10,220 $ (29,808 ) CONDENSED STATEMENTS OF CASH FLOWS Years Ended December 31, 2016 2015 2014 Operating activities: Net income (loss) $ 61,417 $ 10,220 $ (29,808 ) Adjustments to reconcile net (loss) income to net cash used in operating activities: Undistributed (income) loss of subsidiaries (62,911 ) (11,639 ) 28,480 Stock-based compensation 348 252 226 Change in assets and liabilities which provided (used) cash: Accrued interest receivable and other assets (1,646 ) (28 ) (730 ) Accounts payable and other liabilities 242 27 (487 ) Net cash used in operating activities (2,550 ) (1,168 ) (2,319 ) Investing activities: Payments for investments in and advances to subsidiaries — — (7,500 ) Net cash used in investing activities — — (7,500 ) Financing activities: Proceeds from exercise of stock options 71 15 16 Proceeds from issuance of common stock 674 600 22,141 Cash dividends paid to shareholders (376 ) — — Net cash provided by financing activities 369 615 22,157 Net (decrease) increase in cash (2,181 ) (553 ) 12,338 Cash, beginning of year 29,222 29,775 17,437 Cash, end of year $ 27,041 $ 29,222 $ 29,775 * * * * * * SUMMARIZED QUARTERLY FINANCIAL DATA (UNAUDITED) The following table presents summarized quarterly data for 2016 and 2015 (amounts are in thousands, except per share amounts). QUARTERLY DATA Three Months Ended December 31, September 30, June 30, March 31, 2016 Interest income $ 17,719 $ 17,459 $ 17,498 $ 16,934 Interest expense 2,885 2,747 2,626 2,448 Net interest income 14,834 14,712 14,872 14,486 Recovery of provision for loan losses — — (1,682 ) — Non-interest income 3,309 3,142 3,774 3,164 Non-interest expense 15,426 15,937 17,066 16,524 Income before income taxes 2,717 1,917 3,262 1,126 Income tax (benefit) expense (1) (53,281 ) 287 299 300 Net income available to common shareholders 55,998 1,630 2,963 826 Earnings per common share - basic $ 2.96 $ 0.09 $ 0.16 $ 0.04 Earnings per common share - diluted $ 2.94 $ 0.09 $ 0.16 $ 0.04 2015 Interest income $ 17,167 $ 17,589 $ 17,793 $ 17,659 Interest expense 2,352 2,372 2,418 2,468 Net interest income 14,815 15,217 15,375 15,191 Recovery of provision for loan losses (300 ) (1,762 ) (1,218 ) — Non-interest income 3,204 6,453 4,881 13,087 Non-interest expense 16,621 19,885 18,362 25,218 Income before income taxes 1,698 3,547 3,112 3,060 Income tax expense 246 383 284 284 Net income available to common shareholders $ 1,452 3,164 2,828 2,776 Earnings per common share - basic $ 0.08 $ 0.17 $ 0.15 $ 0.15 Earnings per common share - diluted $ 0.08 $ 0.17 $ 0.15 $ 0.15 (1) The December 31, 2016 quarter includes a $53.7 million tax benefit related to the reversal of a portion of the Company’s deferred tax asset valuation allowance.

Summary of Significant Accoun31

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2016
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation. The accounting and reporting policies conform to accounting principles generally accepted in the United States of America (“GAAP”) and to general practices in the banking industry. The preparation of the consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of income and expense during the reporting period. The significant estimates include the allowance for loan losses, other-than-temporary impairment (“OTTI”) on investment securities, goodwill, income taxes, stock-based compensation, and the fair value of financial instruments. Actual results may differ from these estimates.
Basis of Consolidation	Basis of Consolidation. The consolidated financial statements include, after all intercompany balances and transactions have been eliminated, the accounts of the Company, its principal wholly owned subsidiary, the Bank, and the Bank’s wholly owned subsidiaries, Prosperis Financial Solutions, LLC, 2020 Properties, L.L.C., and 4040 Properties, L.L.C. In accordance with Financial Accounting Standards Board Accounting Standards Codification (“FASB ASC”) 810, Consolidation, the Issuing Trusts are deconsolidated. See Note 13 of the Notes to Consolidated Financial Statements for additional information on the Company’s participation in the Issuing Trusts.
Segment Information	Segment Information. As defined in accordance with FASB ASC 280, Segment Reporting (FASB ASC 280), the Company has one reportable and operating segment, “Community Banking.” All of the Company’s activities are interrelated, and each activity is dependent and assessed based on how each of the activities of the Company supports the others. For example, lending is dependent upon the ability of the Company to fund itself with deposits and other borrowings and manage interest rate and credit risk. Accordingly, all significant operating decisions are based upon analysis of the Company as one segment or unit.
Cash and Cash Equivalents	Cash and Cash Equivalents. Cash and cash equivalents includes cash and amounts due from banks, interest-earning bank balances and federal funds sold, all of which have original maturity dates of 90 days or less.
Restricted Cash	Restricted Cash. Restricted cash includes cash held as collateral against customer letters of credit held with another bank.
Investment Securities	Investment Securities. The Company’s investment portfolio includes both held-to-maturity and available-for-sale securities. The purchase and sale of the Company’s investment securities are recorded based on trade date accounting. At December 31, 2016 and 2015, the Company had no unsettled transactions. The following provides further information on the Company’s accounting for debt securities:
Held-to-Maturity	Held-to-Maturity - Investment securities that management has the positive intent and ability to hold until maturity are classified as held-to-maturity and carried at their remaining unpaid principal balance, net of unamortized premiums or unaccreted discounts. Premiums are amortized and discounts are accreted using the interest method over the estimated remaining term of the underlying security.
Available-for-Sale	Available-for-Sale - Investment securities that will be held for indefinite periods of time, including securities that may be sold in response to changes in market interest or prepayment rates, needs for liquidity, and changes in the availability and the yield of alternative investments, are classified as available-for-sale. These assets are carried at their estimated fair value. Fair values are based on quoted prices for identical assets in active markets, quoted prices for similar assets in markets that are either actively or not actively traded, or in some cases where there is limited activity or less transparency around inputs, internally developed discounted cash flow models. Unrealized gains and losses are excluded from earnings and are reported net of tax in accumulated other comprehensive loss on the consolidated statements of financial condition until realized, including those recognized through the non-credit component of an OTTI charge. In accordance with FASB ASC 325-40, Beneficial Interests in Securitized Financial Assets Investment - Debt and Equity Securities
Deferred Loan Fees	Deferred Loan Fees. Loan fees on loans held-for-investment, net of certain direct loan origination costs, are deferred and the balance is amortized to income as a yield adjustment over the life of the loan using the interest method.
Allowance for Loan Losses	Allowance for Loan Losses. The allowance for loan losses is determined by management based upon past experience, evaluation of estimated loss and impairment in the loan portfolio, current economic conditions and other pertinent factors. The allowance for loan losses is maintained at a level that management considers adequate to provide for estimated losses and impairment based upon an evaluation of known and inherent risk in the loan portfolio. Loan impairment is evaluated based on the fair value of collateral less estimated selling costs. While management uses the best information available to make such evaluations, future adjustments to the allowance may be necessary if economic conditions differ substantially from the assumptions used in making the evaluations. 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued) The provision for loan losses is based upon historical loan loss experience, a series of qualitative factors and an evaluation of estimated losses in the current loan portfolio, including the evaluation of impaired loans under FASB ASC 310, Receivables • Levels of past due, classified and non-accrual loans, and troubled debt restructurings • Nature, volume and concentrations of loans • Historical loss trends • Changes in lending policies and procedures, underwriting standards, collections, and for commercial loans, the level of loans being approved with exceptions to policy • Experience, ability and depth of management and staff • National and local economic and business conditions, including various market segments • Quality of the Company’s loan review system and degree of Board oversight; and • Effect of external factors, including the deterioration of collateral values, on the level of estimated credit losses in the current portfolio Commercial loans, including commercial real estate loans, are placed on non-accrual status at the time the loan has been delinquent for 90 days unless the loan is well secured and in the process of collection. Generally, commercial loans, including commercial real estate loans, are charged-off no later than 180 days after becoming delinquent unless the loan is well secured and in the process of collection, or other extenuating circumstances support collection. Residential real estate loans are typically placed on non-accrual status at the time the loan has been delinquent for 90 days. Other consumer loans are typically charged-off at 180 days delinquent. In all cases, loans must be placed on non-accrual status or charged-off at an earlier date if collection of principal or interest is considered doubtful.
Restricted Equity Securities	Restricted Equity Securities. Certain securities are classified as restricted equity securities because ownership is restricted and there is not an established market for their resale. These securities are carried at cost and are evaluated for impairment on a quarterly basis.
Bank Properties and Equipment	Bank Properties and Equipment. Land is carried at cost. Bank properties and equipment are stated at cost, less accumulated depreciation. Depreciation, which is recorded in equipment expense on the consolidated statements of operations, is computed by the straight-line method based on the estimated useful lives of the assets, generally as follows: Asset Type Estimated Useful Life Buildings 40 years Leasehold improvements Lesser of the useful life or the remaining lease term, including renewals, if applicable Furniture, Fixtures and Equipment Three to 10 years Computer Software Three years
Bank Owned Life Insurance ("BOLI")	Goodwill. Goodwill is the excess of the fair value of liabilities assumed over the fair value of tangible and identifiable intangible assets acquired in a business combination. Goodwill is not amortized but is tested for impairment annually or more frequently if events or changes in circumstances indicate that the asset might be impaired. The Company tests goodwill for impairment annually as of December 31, unless circumstances indicate that a test is required at an earlier date. The Company elected to not apply the qualitative evaluation option permitted under Accounting Standards Update (“ASU”) 2011-8, Intangibles – Goodwill and Other (Topic 35): Testing Goodwill for Impairment issued in September 2011. Therefore, the Company utilizes the two-step goodwill impairment test outlined in FASB ASC 350, Intangibles – Goodwill and Other (“FASB ASC 350”) . Step one, which is used to identify potential impairment, compares the fair value of the reporting unit with its carrying amount, including goodwill. A reporting unit is an operating segment, or one level below an operating segment, as defined in FASB ASC 280. The Company has one reportable operating segment, “Community Banking,” and there are no components to this operating segment. If the fair value of a reporting unit exceeds its carrying value, goodwill of the reporting unit is not considered impaired and step two is therefore unnecessary. If the carrying amount of the reporting unit exceeds its fair value, the second step is performed to measure the amount of the impairment loss, if any. At each of December 31, 2016 and December 31, 2015, the Company performed its annual goodwill impairment test, and step one of the analysis indicated that the Company’s fair value was greater than its carrying value. Therefore, the Company’s goodwill was not impaired at December 31, 2016 and 2015. The carrying amount of goodwill totaled $38.2 million at December 31, 2016 and 2015. Bank Owned Life Insurance (“BOLI”). The Company has purchased life insurance policies on certain key employees. These policies are recorded at their cash surrender value, or the amount that can be realized in accordance with FASB ASC 325-30, Investments in Insurance Contract s. At December 31, 2016, the Company had $28.5 million invested in a general account and $54.6 million in a separate account, for a total BOLI cash surrender value of $83.1 million. The BOLI separate account is invested in a mortgage-backed securities fund, which is managed by an independent investment firm. Pricing volatility of these underlying instruments may have an impact on investment income; however, the fluctuations would be partially mitigated by a stable value wrap agreement which is a component of the separate account. Income from these policies and changes in the cash surrender value are recorded in BOLI income of the consolidated statements of operations.
Accounting for Derivative Financial Instruments and Hedging Activities	Accounting for Derivative Financial Instruments and Hedging Activities. The Company recognizes all derivative instruments at fair value as either assets or liabilities in other assets or other liabilities in the consolidated statements of financial condition. The accounting for changes in the fair value of a derivative instrument depends on whether it has been designated and qualifies as part of a hedging relationship. For derivatives not designated as hedges, the gain or loss is recognized in current earnings. The Company’s derivative financial instruments are not exchange-traded and therefore are valued utilizing models that use as their basis readily observable market parameters, specifically the LIBOR swap curve.
Accumulated Other Comprehensive Loss	Accumulated Other Comprehensive Loss. The Company classifies items of accumulated other comprehensive loss by their nature and displays the details of other comprehensive loss in the consolidated statement of comprehensive income (loss). Amounts categorized as accumulated other comprehensive loss represent net unrealized gains or losses on investment securities available for sale, net of tax and the non-credit portion of any OTTI loss not recorded in earnings. Reclassifications are made to avoid double counting items which are displayed as part of net income (loss) for the period. These reclassifications for the years ended December 31, 2016, 2015 and 2014 are as follows: DISCLOSURE OF RECLASSIFICATION AMOUNTS, NET OF TAX Years Ended December 31, 2016 2015 2014 Pre-tax Tax After-tax Pre-tax Tax After-tax Pre-tax Tax After-tax Unrealized holding (loss) gain on securities available for sale during the year $ (1,340 ) $ 547 $ (793 ) $ (1,262 ) $ 516 $ (746 ) $ 11,743 $ (4,796 ) $ 6,947 Reclassification adjustment for net gain included in net income (1) (39 ) 16 (23 ) (1,468 ) 600 (868 ) (50 ) 20 (30 ) Net unrealized (loss) gain on securities available for sale $ (1,379 ) $ 563 $ (816 ) $ (2,730 ) $ 1,116 $ (1,614 ) $ 11,693 $ (4,776 ) $ 6,917 (1) All pre-tax amounts are included in non-interest income in the consolidated statements of operations.
Treasury Stock	Treasury Stock. Stock held in treasury by the Company is accounted for using the cost method which treats stock held in treasury as a reduction to total shareholders’ equity. At December 31, 2016 and 2015, the Company held 107,978 and 217,738 shares of treasury stock, respectively.
Stock-Based Compensation	Stock-Based Compensation. The Company accounts for stock-based compensation issued to employees, and when appropriate, non-employees, in accordance with the fair value recognition provisions of FASB ASC 718, Compensation - Stock Compensation, (“FASB ASC 718”). Under the fair value provisions of FASB ASC 718, stock-based compensation cost is measured at the grant date based on the fair value of the award and is recognized as expense over the appropriate vesting period using the straight-line method. However, consistent with FASB ASC 718, the amount of stock-based compensation cost recognized at any date must at least equal the portion of the grant date value of the award that is vested at that date and, as a result, it may be necessary to recognize the expense using a ratable method. Although the provisions of FASB ASC 718 should generally be applied to non-employees, FASB ASC 505-50, Equity-Based Payments to Non-Employees , is used in determining the measurement date of the compensation expense for non-employees. Determining the fair value of stock-based awards at the measurement date requires judgment, including estimating the expected term of the stock options and the expected volatility of the Company’s stock. In addition, judgment is required in estimating the amount of stock-based awards that are expected to be forfeited. The Company’s stock-based incentive plan authorizes the issuance of shares of common stock pursuant to awards that may be granted in the form of stock options to purchase common stock (“Options”) and awards of shares of common stock (“Stock Awards”). The purpose of the Company’s stock-based incentive plan is to give the Company a competitive advantage in attracting, retaining, and motivating officers, employees, directors, and consultants and to provide the Company and its subsidiaries and affiliates with a compensation plan providing incentives for future performance of services directly linked to the profitability of the Company’s businesses and increases in Company shareholder value. Under the Company’s stock-based incentive plan, Options expire ten years after the date of grant, unless terminated earlier under the Option’s terms. For both Options and Stock Awards, a committee of non-employee directors has the authority to determine the conditions upon which the Options or Stock Awards granted will vest. In accordance with FASB ASC 718, the fair value of the Options granted is estimated on the date of grant using the Black-Scholes option pricing model which uses the assumptions noted in the table below. The expected term of an Option is estimated using historical exercise behavior of employees at a particular level of management who were granted Options with a comparable term. The Options have historically been granted a 10 year term. The risk-free interest rate is based on the U.S. Treasury yield curve in effect at the time of the grant. The expected volatility is based on the historical volatility of the Company’s stock price. Significant weighted average assumptions used to calculate the fair value of the Options for the years ended December 31, 2016, 2015 and 2014 are as follows: WEIGHTED AVERAGE ASSUMPTIONS USED IN BLACK-SCHOLES OPTION PRICING MODEL Years Ended December 31, 2016 2015 2014 Fair value of Options granted during the year $ 5.90 $ 6.16 $ 8.70 Risk-free rate of return 1.29 % 1.35 % 1.32 % Expected term in months 50 46 54 Expected volatility 33 % 40 % 54 % Expected dividends (1) $ — $ — $ — (1) The Company did not declare cash dividends on its common stock prior to the options granted in 2016. Future option grants will include a dividend assumption. At December 31, 2016, the Company had one stock-based compensation plan, which is described more fully in Note 14.
Interest Income on Loans	Interest Income on Loans. Interest income on loans is credited to operations based upon the principal amount outstanding. Interest accruals are generally discontinued when a loan becomes 90 days past due, or when principal or interest is considered doubtful of collection. When interest accruals are discontinued or unpaid, interest credited to income in the current year is reversed and unpaid interest accrued in the prior year is charged to the allowance for loan losses. Any interest payments received while interest accruals are discontinued are applied to the principal balance of the loan.
Income Taxes	Income Taxes. The Company accounts for income taxes in accordance with FASB ASC 740, Income Taxes (“FASB ASC 740”). FASB ASC 740 requires the recording of deferred income taxes that reflect the net tax effects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes. Management exercises significant judgment in the evaluation of the amount and timing of the recognition of the resulting tax assets and liabilities. The judgments and estimates required for the evaluation are updated based upon changes in business factors and the tax laws. If actual results differ from the assumptions and other considerations used in estimating the amount and timing of tax recognized, there can be no assurance that additional expenses will not be required in future periods. The Company recognizes, when applicable, interest and penalties related to unrecognized tax benefits in the provision for income taxes in the consolidated statements of operations. Assessment of uncertain tax positions under FASB ASC 740 requires careful consideration of the technical merits of a position based on management’s analysis of tax regulations and interpretations. Significant judgment is applied when addressing the requirements of FASB ASC 740. In determining whether to establish or maintain a valuation allowance against a deferred tax asset, the Company reviews available evidence to determine whether it is more likely than not that all or a portion of the Company’s net deferred tax assets will be realized in future periods. Consideration is given to various positive and negative factors that could affect the realization of the net deferred tax assets. In making such a determination, the Company considers, among other things, future reversals of existing taxable temporary differences, projected future taxable income, tax-planning strategies, historical financial performance, the ability to carry back losses to recoup taxes previously paid, the length of statutory carry forward periods, experience with operating loss and tax credit carry forwards not expiring unused. If the Company determines that it would be able to realize its deferred tax assets in the future in excess of their net recorded amount, the Company would make an adjustment to the deferred tax asset valuation allowance, which would reduce the provision for income taxes. See Note 18 for additional information on the Company’s application of FASB ASC 740.
Earnings (Loss) Per Common Share	Earnings (Loss) Per Common Share. Basic earnings (loss) per share is computed by dividing net income (loss) available to common shareholders by the weighted average number of shares of common stock outstanding, net of any treasury shares, during the period. Diluted earnings (loss) per share is calculated by dividing net income available to common shareholders by the weighted average number of shares of common stock outstanding, net of any treasury shares, after consideration of the potential dilutive effect of common stock equivalents, based upon the treasury stock method using an average market price of common shares sold during the period. Dilution is not considered when the Company is in a net loss position.
Recent Accounting Principles	Recent Accounting Principles. In November 2016, The FASB issued ASU 2016-18: Statement of Cash Flows (Topic 230) : Restricted Cash. The amendments in this Update require that a statement of cash flows explain the change during the period in the total of cash, cash equivalents, and amounts generally described as restricted cash or restricted cash equivalents when reconciling the beginning-of-period and end-of-period total amounts shown on the statement of cash flows. The amendments in this Update apply to all entities that have restricted cash or restricted cash equivalents and are required to present a statement of cash flows under Topic 230. The amendments in this Update are effective for public business entities for fiscal years beginning after December 15, 2017, and interim periods within those fiscal years. Early adoption is permitted, including adoption in an interim period. If early an entity early adopts the amendments in an interim period, any adjustment should be reflected as of the beginning of the fiscal year that includes that interim period. The Company is currently evaluating the adoption of this accounting standards update on its financial statements. 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued) In August 2016, the FASB issued ASU 2016-15: Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments In June 2016, the FASB issued ASU 2016-13: Financial Instruments-Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments In March 2016, the FASB issued ASU 2016-09: Compensation — Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting In February 2016, the FASB issued ASU 2016-02: Leases (Topic 842) 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued) In January 2016, the FASB issued ASU 2016-01: Financial Instruments- Overall (Subtopic 825-10) In August 2014, the FASB issued ASU 2014-15: Presentation of Financial Statements – Going Concern (Subtopic 205-40): Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern In May 2014, the FASB issued ASU 2014-09: Revenue from Contracts with Customers (Topic 606): Summary and Amendments That Create Revenue from Contracts with Customers (Topic 606) and Other Assets and Deferred Costs-Contracts with Customers (Subtopic 340-40), Conforming Amendments to Other Topics and Subtopics in the Codification and Status Tables, Background Information and Basis for Conclusions

Summary of Significant Accoun32

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2016
Accounting Policies [Abstract]
Summary of Estimated Useful Lives of Bank Properties and Equipment	Depreciation, which is recorded in equipment expense on the consolidated statements of operations, is computed by the straight-line method based on the estimated useful lives of the assets, generally as follows: Asset Type Estimated Useful Life Buildings 40 years Leasehold improvements Lesser of the useful life or the remaining lease term, including renewals, if applicable Furniture, Fixtures and Equipment Three to 10 years Computer Software Three years
Reclassifications of Accumulated Other Comprehensive Loss Items	These reclassifications for the years ended December 31, 2016, 2015 and 2014 are as follows: DISCLOSURE OF RECLASSIFICATION AMOUNTS, NET OF TAX Years Ended December 31, 2016 2015 2014 Pre-tax Tax After-tax Pre-tax Tax After-tax Pre-tax Tax After-tax Unrealized holding (loss) gain on securities available for sale during the year $ (1,340 ) $ 547 $ (793 ) $ (1,262 ) $ 516 $ (746 ) $ 11,743 $ (4,796 ) $ 6,947 Reclassification adjustment for net gain included in net income (1) (39 ) 16 (23 ) (1,468 ) 600 (868 ) (50 ) 20 (30 ) Net unrealized (loss) gain on securities available for sale $ (1,379 ) $ 563 $ (816 ) $ (2,730 ) $ 1,116 $ (1,614 ) $ 11,693 $ (4,776 ) $ 6,917 (1) All pre-tax amounts are included in non-interest income in the consolidated statements of operations.
Summary of Weighted Average Assumptions Used to Calculate Fair Value of Option Awards	Significant weighted average assumptions used to calculate the fair value of the Options for the years ended December 31, 2016, 2015 and 2014 are as follows: WEIGHTED AVERAGE ASSUMPTIONS USED IN BLACK-SCHOLES OPTION PRICING MODEL Years Ended December 31, 2016 2015 2014 Fair value of Options granted during the year $ 5.90 $ 6.16 $ 8.70 Risk-free rate of return 1.29 % 1.35 % 1.32 % Expected term in months 50 46 54 Expected volatility 33 % 40 % 54 % Expected dividends (1) $ — $ — $ — (1) The Company did not declare cash dividends on its common stock prior to the options granted in 2016. Future option grants will include a dividend assumption.

Investment Securities (Tables)

Investment Securities (Tables)	12 Months Ended
	Dec. 31, 2016
Investments Debt And Equity Securities [Abstract]
Available for Sale and Held to Maturity Investment	The amortized cost of investment securities and the approximate fair value at December 31, 2016 and 2015 were as follows: SUMMARY OF INVESTMENT SECURITIES Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Estimated Fair Value December 31, 2016 Available for sale: U.S. Treasury securities $ 2,498 $ — $ — $ 2,498 U.S. Government agency securities — — — — U.S. Government agency mortgage-backed securities 246,535 583 (2,574 ) 244,544 Other mortgage-backed securities 115 — (1 ) 114 Trust preferred securities 12,023 — (2,172 ) 9,851 Collateralized loan obligations 37,471 8 (160 ) 37,319 Other securities 1,386 — (26 ) 1,360 Total available for sale 300,028 591 (4,933 ) 295,686 Held to maturity: Other securities 250 — — 250 Total held to maturity 250 — — 250 Total investment securities $ 300,278 $ 591 $ (4,933 ) $ 295,936 December 31, 2015 Available for sale: U.S. Treasury securities $ 2,494 $ — $ (10 ) $ 2,484 U.S. Government agency securities 4,976 — (74 ) 4,902 U.S. Government agency mortgage-backed securities 205,586 1,082 (1,156 ) 205,512 Other mortgage-backed securities 183 — (1 ) 182 Trust preferred securities 12,018 — (1,844 ) 10,174 Collateralized loan obligations 59,956 — (960 ) 58,996 Other securities 625 — — 625 Total available for sale 285,838 1,082 (4,045 ) 282,875 Held to maturity: Other securities 250 — — 250 Total held to maturity 250 — — 250 Total investment securities $ 286,088 $ 1,082 $ (4,045 ) $ 283,125
Gross Unrealized Losses by Investment Category	The following table provides the gross unrealized losses and fair value, aggregated by investment category and length of time the individual securities have been in a continuous unrealized loss position at December 31, 2016 and 2015: GROSS UNREALIZED LOSSES BY INVESTMENT CATEGORY Less than 12 Months 12 Months or Longer Total Estimated Fair Value Gross Unrealized Losses Estimated Fair Value Gross Unrealized Losses Estimated Fair Value Gross Unrealized Losses December 31, 2016 U.S. Government agency mortgage-backed securities $ 108,070 $ (1,683 ) $ 54,643 $ (891 ) $ 162,713 $ (2,574 ) Other mortgage-backed securities — — 114 (1 ) 114 (1 ) Trust preferred securities — — 9,851 (2,172 ) 9,851 (2,172 ) Collateralized loan obligations — — 33,825 (160 ) 33,825 (160 ) Other securities 975 (26 ) — — 975 (26 ) Total $ 109,045 $ (1,709 ) $ 98,433 $ (3,224 ) $ 207,478 $ (4,933 ) December 31, 2015 U.S. Treasury securities $ 2,484 $ (10 ) $ — $ — $ 2,484 $ (10 ) U.S. Government agency securities — — 4,902 (74 ) 4,902 (74 ) U.S. Government agency mortgage-backed securities 56,753 (254 ) 27,028 (902 ) 83,781 (1,156 ) Other mortgage-backed securities 182 (1 ) — — 182 (1 ) Trust preferred securities — — 10,175 (1,844 ) 10,175 (1,844 ) Collateralized loan obligations 12,864 (135 ) 46,133 (825 ) 58,997 (960 ) Total $ 72,283 $ (400 ) $ 88,238 $ (3,645 ) $ 160,521 $ (4,045 )
Contractual Maturities of Investment Securities	The amortized cost and estimated fair value of the Company’s investment securities at December 31, 2016, by contractual maturity, is shown below. Actual maturities will differ from contractual maturities as borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. CONTRACTUAL MATURITIES OF INVESTMENT SECURITIES Available for Sale Held to Maturity December 31, 2016 Amortized Cost Estimated Fair Value Amortized Cost Estimated Fair Value Due in one year or less $ 2,635 $ 2,635 $ 250 $ 250 Due after one year through five years 248 248 — — Due after five years through ten years 37,471 37,319 — — Due after ten years 13,024 10,826 — — Total investment securities, excluding mortgage- backed securities 53,378 51,028 250 250 U.S. Government agency mortgage-backed securities 246,535 244,544 — — Other mortgage-backed securities 115 114 — — Total investment securities $ 300,028 $ 295,686 $ 250 $ 250

Loans Receivable (Tables)

Loans Receivable (Tables)	12 Months Ended
	Dec. 31, 2016
Receivables [Abstract]
Loan Components	The components of loans receivables, net at December 31, 2016 and 2015 were as follows: Loans Receivable Components December 31, 2016 2015 Commercial: Commercial and industrial $ 235,946 $ 230,681 CRE owner occupied 231,348 228,191 CRE non-owner occupied 742,662 625,700 Land and development 67,165 68,070 Consumer: Home equity lines of credit 110,377 130,401 Home equity term loans 9,104 12,383 Residential real estate 210,874 249,975 Other 2,442 3,108 Total gross loans receivable 1,609,918 1,548,509 Allowance for loan losses (15,541 ) (18,008 ) Loans receivable, net $ 1,594,377 $ 1,530,501
Loans on Non-accrual Status	Loans on Non-accrual Status December 31, 2016 2015 Commercial: Commercial $ — $ 219 CRE owner occupied 213 381 CRE non-owner occupied 517 — Consumer: Home equity term loans 72 88 Residential real estate 810 1,417 Other 85 102 Total non-accrual loans $ 1,697 $ 2,207 Troubled debt restructurings, non-accrual $ 1,404 $ 910

Allowance for Loan Losses (Tabl

Allowance for Loan Losses (Tables)	12 Months Ended
	Dec. 31, 2016
Receivables [Abstract]
Allowance for Loan Losses and Recorded Investment in Financing Receivables	Changes in the allowance for loan losses for the years ended December 31, 2016, 2015 and 2014 were as follows: Allowance for Loan Losses and Recorded Investment in Financing Receivables For the Year Ended December 31, 2016 Commercial and Industrial Commercial Real Estate Land & Development Home Equity (1) Residential Real Estate Other (2) Total Allowance for loan losses: Beginning balance $ 2,761 $ 8,142 $ 1,058 $ 2,816 $ 3,029 $ 202 $ 18,008 Charge-offs (256 ) (425 ) — (454 ) (1,025 ) (265 ) (2,425 ) Recoveries 252 170 714 351 37 118 1,642 Net charge-offs (4 ) (255 ) 714 (103 ) (988 ) (147 ) (783 ) Provision for loan losses (604 ) (337 ) (1,168 ) (364 ) 607 182 (1,682 ) Ending balance $ 2,153 $ 7,550 $ 604 $ 2,349 $ 2,648 $ 237 $ 15,541 Ending balance: individually evaluated for impairment $ — $ — $ — $ — $ — $ — $ — Ending balance: collectively evaluated for impairment $ 2,153 $ 7,550 $ 604 $ 2,349 $ 2,648 $ 237 $ 15,541 Financing Receivables: Ending balance $ 235,946 $ 974,010 $ 67,165 $ 119,481 $ 210,874 $ 2,442 $ 1,609,918 Ending balance: individually evaluated for impairment $ — $ 860 $ — $ 72 $ 2,084 $ 85 $ 3,101 Ending balance: collectively evaluated for impairment $ 235,946 $ 973,150 $ 67,165 $ 119,409 $ 208,790 $ 2,357 $ 1,606,817 (1) Amount includes both home equity lines of credit and term loans (2) Includes the unallocated portion of the allowance for loan losses. 6. ALLOWANCE FOR LOAN LOSSES (Continued) For the Year Ended December 31, 2015 Commercial and Industrial Commercial Real Estate Land & Development Home Equity (1) Residential Real Estate Other (2) Total Allowance for loan losses: Beginning balance $ 5,134 $ 9,615 $ 958 $ 3,256 $ 3,515 $ 768 $ 23,246 Charge-offs (375 ) (836 ) — (2,735 ) (2,810 ) (757 ) (7,513 ) Recoveries 3,417 440 351 366 819 162 5,555 Net charge-offs 3,042 (396 ) 351 (2,369 ) (1,991 ) (595 ) (1,958 ) Provision for loan losses (5,416 ) (1,077 ) (251 ) 1,929 1,505 30 (3,280 ) Ending balance $ 2,761 $ 8,142 $ 1,058 $ 2,816 $ 3,029 $ 202 $ 18,008 Ending balance: individually evaluated for impairment $ — $ — $ — $ — $ — $ — $ — Ending balance: collectively evaluated for impairment $ 2,761 $ 8,142 $ 1,058 $ 2,816 $ 3,029 $ 202 $ 18,008 Financing Receivables: Ending balance $ 230,681 $ 853,892 $ 68,070 $ 142,784 $ 249,975 $ 3,107 $ 1,548,509 Ending balance: individually evaluated for impairment $ 227 $ 731 $ — $ 88 $ 1,970 $ 101 $ 3,117 Ending balance: collectively evaluated for impairment $ 230,454 $ 853,161 $ 68,070 $ 142,696 $ 248,005 $ 3,006 $ 1,545,392 (1) Amount includes both home equity lines of credit and term loans (2) Includes the unallocated portion of the allowance for loan losses. For the Year Ended December 31, 2014 Commercial and Industrial Commercial Real Estate Land & Development Home Equity (1) Residential Real Estate Other (2) Total Allowance for loan losses: Beginning balance $ 12,061 $ 14,518 $ 1,249 $ 3,441 $ 2,898 $ 1,370 $ 35,537 Charge-offs (10,563 ) (9,205 ) (289 ) (4,568 ) (3,124 ) (3,331 ) (31,080 ) Recoveries 1,235 1,343 467 401 198 342 3,986 Net charge-offs (9,328 ) (7,862 ) 178 (4,167 ) (2,926 ) (2,989 ) (27,094 ) Provision for loan losses 2,401 2,959 (469 ) 3,982 3,543 2,387 14,803 Ending balance $ 5,134 $ 9,615 $ 958 $ 3,256 $ 3,515 $ 768 $ 23,246 Ending balance: individually evaluated for impairment $ — $ — $ — $ — $ — $ — $ — Ending balance: collectively evaluated for impairment $ 5,134 $ 9,615 $ 958 $ 3,256 $ 3,513 $ 768 $ 23,246 Financing Receivables: Ending balance $ 242,494 $ 740,282 $ 70,156 $ 174,165 $ 276,993 $ 6,054 $ 1,510,144 Ending balance: individually evaluated for impairment $ 149 $ 3,297 $ 138 $ 1,751 $ 4,759 $ 135 $ 10,229 Ending balance: collectively evaluated for impairment $ 242,345 $ 736,985 $ 70,018 $ 172,414 $ 272,234 $ 5,919 $ 1,499,915 (1) Amount includes both home equity lines of credit and term loans (2) Includes the unallocated portion of the allowance for loan losses.
Components of Impaired Loans Held-for-Investment	The following tables present the Company’s components of impaired loans, segregated by class of loans at December 31, 2016, 2015 and 2014. Commercial and consumer loans that were collectively evaluated for impairment are not included in the data that follows: Impaired Loans As of December 31, 2016 Recorded Investment Unpaid Principal Balance Related Allowance Average Recorded Investment Accrued Interest Income Recognized Cash Interest Income Recognized With no related allowance: Commercial: CRE owner occupied $ 343 $ 514 $ — $ 377 $ — $ — CRE non owner occupied 517 520 — 523 — — Consumer: Residential real estate 2,084 2,422 — 2,193 — — Home Equity Term Loans 72 86 — 74 — — Other 85 89 — 85 — — With an allowance recorded: Commercial: Commercial and industrial — — — — — — CRE owner occupied — — — — — — Consumer: Other — — — — — — Total commercial $ 860 $ 1,034 $ — $ 900 $ — $ — Total consumer $ 2,241 $ 2,597 $ — $ 2,352 $ — $ — 6. ALLOWANCE FOR LOAN LOSSES (Continued) Impaired Loans As of December 31, 2015 Recorded Investment Unpaid Principal Balance Related Allowance Average Recorded Investment Accrued Interest Income Recognized Cash Interest Income Recognized With no related allowance: Commercial: Commercial and industrial $ 227 $ 721 $ — $ 231 $ 0 $ — CRE owner occupied 683 2,066 — 702 — — Consumer: Residential real estate 1,970 2,100 — 1,999 — — Home Equity Term Loans 88 96 — 91 — — Other 101 101 — 101 — — With an allowance recorded: Commercial: Commercial and industrial — — — — — — CRE owner occupied — — — — — — Consumer: Other — — — — — — Total commercial $ 910 $ 2,787 $ — $ 933 $ 0 $ 0 Total consumer $ 2,159 $ 2,297 $ — $ 2,191 $ — $ — 6. ALLOWANCE FOR LOAN LOSSES (Continued) Impaired Loans As of December 31, 2014 Recorded Investment Unpaid Principal Balance Related Allowance Average Recorded Investment Accrued Interest Income Recognized Cash Interest Income Recognized With no related allowance: Commercial: Commercial and industrial $ 147 $ 149 $ — $ 161 $ 19 $ — Commercial and industrial, held-for-sale 28 50 — 52 — — CRE owner occupied 3,297 4,499 — 3,875 — — CRE owner occupied, held-for-sale 32 74 — 136 — — CRE non-owner occupied, held-for-sale 229 352 — 53 — — Land and development 140 223 — 181 — — Consumer: Residential real estate 4,852 5,587 — 4,513 — 97 Residential real estate, held-for-sale 3,478 4,984 — 1,365 — — Home Equity Lines of Credit 405 456 — 420 — — Home Equity Lines of Credit, held-for-sale 619 903 — 1,282 — — Home Equity Term Loans 1,347 1,863 — 1,385 — — Home Equity Term Loans, held-for-sale 3,266 4,743 — 3,735 — — Other 150 348 — 138 — — With an allowance recorded: Commercial: Commercial and industrial — — — — — — CRE owner occupied — — — — — — Consumer: Other — — — — — — Total commercial $ 3,873 $ 5,348 $ — $ 4,458 $ 19 $ 97 Total consumer $ 14,118 $ 18,884 $ — $ 12,836 $ — $ —
Summary of Company's TDR Agreements	There were eight TDR agreements entered into during the twelve months ended December 31, 2016. There were eight TDR agreements entered into during the twelve months ended December 31, 2015. There were no TDR agreements entered into during the twelve months ended December 31, 2014. The following table presents an analysis of the Company’s TDR agreements entered into during the twelve months ended December 31, 2016 and 2015: Troubled Debt Restructurings for the Twelve Months Ended December 31, 2016 Number Contracts Pre-Modification Outstanding Investment Post-Modification Outstanding Investment Commercial and industrial 2 $ 2,468 $ 2,468 CRE owner occupied 1 22 22 Residential real estate 5 906 913 Troubled Debt Restructurings for the Twelve Months Ended December 31, 2015 Number Contracts Pre-Modification Outstanding Investment Post-Modification Outstanding Investment Commercial and industrial 1 $ 11 $ 11 CRE owner occupied 2 205 205 Residential real estate 5 739 670
Information Regarding Types of Concessions Granted on Loans	The following tables present information regarding the types of concessions granted on loans that were restructured during the twelve months ended December 31, 2016 and 2015: Troubled Debt Restructurings for the Twelve Months Ended December 31, 2016 Number of Contracts Concession Commercial and industrial 2 Rate reduction and principal repayment terms. CRE owner occupied 1 Principal repayment terms. Residential real estate 2 Principal repayment terms. Residential real estate 1 Forgiveness of debt Residential real estate 2 Rate reduction and principal repayment terms. Troubled Debt Restructurings for the Twelve Months Ended December 31, 2015 Number of Contracts Concession Granted Commercial and industrial 1 Modified principal repayment terms. CRE owner occupied 2 Modified principal repayment terms. Residential real estate 5 Rate reduction, modified principal repayment terms and debt forgiveness.
Company's Distribution of Risk Ratings within Held-for-Investment Loan Portfolio	The following tables present the Company’s distribution of risk ratings loan portfolio, segregated by class, as of December 31, 2016, 2015 and 2014: Credit Quality Indicators As of December 31, 2016 Commercial Consumer Commercial and industrial CRE owner occupied CRE non- owner occupied Land and development Home equity lines of credit Home equity term Residential real estate Other Total Grade: Pass $ 233,907 $ 229,635 $ 742,146 $ 67,165 $ 110,377 $ 9,032 $ 208,460 $ 2,357 $ 1,603,079 Special Mention — — — — — — — — — Substandard 2,039 1,713 516 — — 72 2,414 85 6,839 Doubtful — — — — — — — — - Total $ 235,946 $ 231,348 $ 742,662 $ 67,165 $ 110,377 $ 9,104 $ 210,874 $ 2,442 $ 1,609,918 Credit Quality Indicators As of December 31, 2015 Commercial Consumer Commercial and industrial CRE owner occupied CRE non- owner occupied Land and development Home equity lines of credit Home equity term Residential real estate Other Total Grade: Pass $ 227,220 $ 223,695 $ 625,700 $ 68,070 $ 130,401 $ 12,294 $ 247,002 $ 3,007 $ 1,537,389 Special Mention 2,926 2,273 — — — — — — 5,199 Substandard 535 2,223 — — — 89 2,973 101 5,921 Doubtful — — — — — — — — — Total $ 230,681 $ 228,191 $ 625,700 $ 68,070 $ 130,401 $ 12,383 $ 249,975 $ 3,108 $ 1,548,509 6. ALLOWANCE FOR LOAN LOSSES (Continued) Credit Quality Indicators As of December 31, 2014 Commercial Consumer Commercial and industrial CRE owner occupied CRE non- owner occupied Land and development Home equity lines of credit Home equity term Residential real estate Other Total Grade: Pass $ 235,985 $ 267,018 $ 451,921 $ 70,018 $ 155,084 $ 16,819 $ 272,044 $ 5,902 $ 1,474,791 Special Mention 6,304 6,669 — — — — — — 12,973 Substandard 205 4,964 9,710 138 1,842 420 4,949 152 22,380 Doubtful — — — — — — — — — Total $ 242,494 $ 278,651 $ 461,631 $ 70,156 $ 156,926 $ 17,239 $ 276,993 $ 6,054 $ 1,510,144
Company's Analysis of Past Due Held-for-Investment Loans	The following tables present the Company’s analysis of past due loans, segregated by class of loans, as of December 31, 2016, 2015 and 2014: Aging of Receivables As of December 31, 2016 30-59 Days Past Due 60-89 Days Past Due 90 Days Past Due Total Past Due Current Total Financing Receivables Loans 90 Days Due and Accruing Commercial: Commercial and industrial $ — $ — $ — $ — $ 235,946 $ 235,946 $ — CRE owner occupied — — 269 269 231,079 231,348 — CRE non-owner occupied 331 — 185 516 742,146 742,662 — Land and development — — — — 67,165 67,165 — Consumer: Home equity lines of credit 367 — — 367 110,010 110,377 — Home equity term loans 121 — — 121 8,983 9,104 — Residential real estate 4,020 851 744 5,615 205,259 210,874 — Other 59 7 85 151 2,291 2,442 — Total $ 4,898 $ 858 $ 1,283 $ 7,039 $ 1,602,879 $ 1,609,918 $ — Aging of Receivables As of December 31, 2015 30-59 Days Past Due 60-89 Days Past Due 90 Days Past Due Total Past Due Current Total Financing Receivables Loans 90 Days Due and Accruing Commercial: Commercial and industrial $ 1 $ 1 $ 228 $ 230 $ 230,451 $ 230,681 $ — CRE owner occupied 736 35 622 1,393 226,798 228,191 — CRE non-owner occupied — — — — 625,700 625,700 — Land and development — — — — 68,070 68,070 — Consumer: Home equity lines of credit 136 31 — 167 130,234 130,401 — Home equity term loans 14 — — 14 12,369 12,383 — Residential real estate 3,504 1,623 911 6,038 243,937 249,975 — Other 15 3 101 119 2,989 3,108 — Total $ 4,406 $ 1,693 $ 1,862 $ 7,961 $ 1,540,548 $ 1,548,509 $ — Aging of Receivables As of December 31, 2014 30-59 Days Past Due 60-89 Days Past Due 90 Days Past Due Total Past Due Current Total Financing Receivables Loans 90 Days Due and Accruing Commercial: Commercial and industrial $ 4,212 $ 105 $ 151 $ 4,468 $ 238,026 $ 242,494 $ — CRE owner occupied 1,685 23 1,321 3,029 275,622 278,651 — CRE non-owner occupied 2,786 166 — 2,952 458,679 461,631 — Land and development — — 140 140 70,016 70,156 — Consumer: Home equity lines of credit 2,001 903 796 3,700 153,226 156,926 — Home equity term loans 254 188 147 589 16,650 17,239 — Residential real estate 4,183 670 3,719 8,572 268,421 276,993 — Other 45 12 136 193 5,861 6,054 — Total $ 15,166 $ 2,069 $ 6,411 $ 23,643 $ 1,486,501 $ 1,510,144 $ —

Restricted Equity Investments (

Restricted Equity Investments (Tables)	12 Months Ended
	Dec. 31, 2016
Text Block [Abstract]
Restricted Equity Investments	The Company’s restricted equity investments at December 31, 2016 and 2015 consisted of the following: RESTRICTED EQUITY INVESTMENTS December 31, 2016 2015 FRB stock $ 9,568 $ 9,420 FHLBNY stock 6,075 6,165 Atlantic Central Bankers Bank stock 148 148 Total $ 15,791 $ 15,733

Bank Properties and Equipment (

Bank Properties and Equipment (Tables)	12 Months Ended
	Dec. 31, 2016
Property Plant And Equipment [Abstract]
Summary of Bank Properties and Equipment	Bank properties and equipment at December 31, 2016 and 2015 consist of the following major classifications: SUMMARY OF BANK PROPERTIES AND EQUIPMENT December 31, 2016 2015 Land $ 6,998 $ 7,011 Buildings 23,141 22,715 Capital lease 8,630 8,630 Leasehold improvements and equipment 36,127 36,044 Total bank properties and equipment 74,896 74,401 Accumulated depreciation (44,748 ) (42,805 ) Bank properties and equipment, net 30,148 31,596

Real Estate Owned (Tables)

Real Estate Owned (Tables)	12 Months Ended
	Dec. 31, 2016
Banking And Thrift [Abstract]
Schedule of Real Estate Owned	SUMMARY OF REAL ESTATE OWNED December 31, 2016 2015 Commercial properties $ — $ — Residential properties — — Bank properties — 281 Total $ — $ 281
Summary Of Real Estate Owned Activity	SUMMARY OF REAL ESTATE OWNED ACTIVITY Underlying Property At or for the year ended December 31, 2016 Commercial Properties Residential Properties Bank Properties Total Balance, beginning of year $ — $ — $ 281 $ 281 Transfers into real estate owned — — — — Sale of real estate owned — — (266 ) (266 ) Loss on sale of real estate owned — — (15 ) (15 ) Balance, end of year $ — $ — $ — $ —

Deposits (Tables)

Deposits (Tables)	12 Months Ended
	Dec. 31, 2016
Banking And Thrift [Abstract]
Major Classifications of Deposits	Deposits at December 31, 2016 and 2015 consist of the following major classifications: SUMMARY OF DEPOSITS December 31, 2016 2015 Interest-bearing demand deposits $ 697,701 $ 724,881 Non-interest-bearing demand deposits 397,311 461,467 Savings deposits 241,754 221,620 Time deposits $250,000 or less 338,615 282,584 Time deposits over $250,000 28,789 12,217 Brokered time deposits 37,193 43,333 Total $ 1,741,363 $ 1,746,102
Time Deposits by Year of Maturity	A summary of time deposits at December 31, 2016 by year of maturity is as follows: MATURITIES OF TIME DEPOSITS ( 1) Years Ended December 31, Amount 2017 $ 279,634 2018 64,762 2019 48,254 2020 7,680 2021 964 Thereafter 3,303 Total $ 404,597 (1) Amounts include brokered time deposits.
Interest Expense on Deposits	A summary of interest expense on deposits for the year ended December 31, 2016, 2015 and 2014 is as follows: SUMMARY OF INTEREST EXPENSE Years Ended December 31, 2016 2015 2014 Savings deposits $ 767 $ 467 $ 671 Time deposits 3,684 3,454 4,818 Interest-bearing demand deposits 1,507 1,416 2,869 Total $ 5,958 $ 5,337 $ 8,358

Advances from the Federal Hom40

Advances from the Federal Home Loan Bank of New York (Tables)	12 Months Ended
	Dec. 31, 2016
Banking And Thrift [Abstract]
Contractual Maturities of Advances from the FHLB NY	12. ADVANCES FROM THE FEDERAL HOME LOAN BANK OF NEW YORK (Continued) The contractual maturities of the Company’s fixed-rate advances from the FHLBNY at December 31, 2016 were as follows: CONTRACTUAL MATURITIES OF ADVANCES FROM THE FHLBNY Years Ended December 31, Amount 2016 — 2017 — 2018 416 2019 25,000 2020 15,000 Thereafter 45,000 Total $ 85,416

Junior Subordinated Debenture41

Junior Subordinated Debentures Held by Trusts that Issued Capital Debt (Tables)	12 Months Ended
	Dec. 31, 2016
Text Block [Abstract]
Summary of Capital Securities and Junior Subordinated Debentures	The following is a summary of the outstanding capital securities issued by each Issuer Trust and the junior subordinated debentures issued by the Company to each Issuer Trust as of December 31, 2016. SUMMARY OF CAPITAL SECURITIES AND JUNIOR SUBORDINATED DEBENTURES December 31, 2016 Capital Securities Junior Subordinated Debentures Issuer Trust Issuance Date Stated Value Distribution Rate Principal Amount Maturity Redeemable Beginning Sun Capital Trust V December $ 15,000 3-mo LIBOR plus 2.80% $ 15,464 December 30, 2033 December 30, 2008 Sun Capital Trust VI December 19, 2003 25,000 3-mo LIBOR plus 2.80% 25,774 January 23, 2034 January 23, 2009 Sun Statutory Trust VII January 17, 2006 30,000 3-mo LIBOR plus 1.35% 30,928 March 15, 2036 March 15, 2011 Sun Capital Trust VII April 19, 2007 10,000 3-mo LIBOR plus 1.53% 10,310 June 30, 2037 June 30, 2012 Sun Capital Trust VIII July 5, 2007 10,000 3-mo LIBOR plus 1.39% 10,310 October 1, 2037 October 1, 2012 $ 90,000 $ 92,786

Stock-Based Incentive Plans (Ta

Stock-Based Incentive Plans (Tables)	12 Months Ended
	Dec. 31, 2016
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Summary of Stock Options Granted and Outstanding	Options outstanding under the 2004 Plan, 2010 Plan and 2015 Plan are as follows: SUMMARY OF STOCK OPTIONS GRANTED AND OUTSTANDING Incentive Nonqualified Total Options granted and outstanding: December 31, 2016 at prices ranging from $14.25 to $80.50 per share 169,838 402,045 571,883 December 31, 2015 at prices ranging from $14.25 to $87.45 per share 188,525 320,804 509,329 December 31, 2014 at prices ranging from $14.25 to $87.45 per share 111,605 207,296 318,901
Summary of Stock Option Activity	Activity in the stock option plans for the years ended December 31, 2016, 2015 and 2014, respectively, was as follows: SUMMARY OF STOCK OPTION ACTIVITY Years Ended December 31, 2016 2015 2014 Number of Options Weighted Average Exercise Price Number of Options Weighted Average Exercise Price Number of Options Weighted Average Exercise Price Options outstanding, beginning of year 509,329 $ 23.82 318,901 $ 28.34 299,107 $ 36.75 Granted 123,739 21.08 222,059 18.92 144,296 19.33 Exercised (3,879 ) 18.38 (811 ) 15.20 (802 ) 14.98 Forfeited (54,349 ) 30.42 (20,454 ) 17.47 (24,324 ) 17.12 Expired (2,957 ) 76.65 (10,366 ) 64.17 (98,579 ) 43.63 Options outstanding, end of year 571,883 $ 22.37 509,329 $ 23.82 318,901 $ 28.34 Options exercisable, end of year 234,564 $ 26.56 164,384 $ 33.93 161,984 $ 37.14 Options vested or expected to vest (1) 413,641 $ 19.65 480,995 $ 24.28 287,202 $ 29.34 (1) Includes vested shares and nonvested shares after a forfeiture rate assumption, which is based upon historical data, is applied.
Summary of Nonvested Option Activity	A summary of the Company’s nonvested Options at December 31, 2016, 2015 and 2014, respectively, is presented in the following table: SUMMARY OF NONVESTED OPTION ACTIVITY Years Ended December 31, 2016 2015 2014 Number of Shares Weighted Average Grant Date Fair Value Number of Shares Weighted Average Grant Date Fair Value Number of Shares Weighted Average Grant Date Fair Value Nonvested Options outstanding, beginning of year 344,945 $ 7.24 156,917 $ 11.68 49,254 $ 17.75 Granted 123,739 5.90 222,059 6.16 144,296 8.70 Vested (111,635 ) 9.20 (13,577 ) 7.96 (12,309 ) 8.44 Forfeited (19,730 ) 6.38 (20,454 ) 7.30 (24,324 ) 7.91 Nonvested Options outstanding, end of year 337,319 $ 6.16 344,945 $ 7.24 156,917 $ 11.68
Summary of Nonvested Stock Award Activity	A summary of the Company’s nonvested Stock Awards at December 31, 2016, 2015 and 2014, respectively, is presented in the following table: SUMMARY OF NONVESTED STOCK AWARD ACTIVITY (1) Years Ended December 31, 2016 2015 2014 Number of Shares Weighted Average Grant Date Fair Value Number of Shares Weighted Average Grant Date Fair Value Number of Shares Weighted Average Grant Date Fair Value Nonvested Stock Awards outstanding, beginning of year 279,964 $ 14.98 248,654 $ 14.22 86,366 $ 15.65 Issued 122,262 20.18 60,569 19.22 218,824 14.14 Vested (135,236 ) 19.96 (24,959 ) 17.53 (21,930 ) 17.05 Forfeited (12,014 ) 20.08 (4,300 ) 15.90 (34,606 ) 15.41 Nonvested Stock Awards outstanding, end of year 254,976 $ 20.18 279,964 $ 14.98 248,654 $ 14.22

Commitments and Contingent Li43

Commitments and Contingent Liabilities (Tables)	12 Months Ended
	Dec. 31, 2016
Commitments And Contingencies Disclosure [Abstract]
Schedule of Future Minimum Lease Payments under Capital Leases	The following is a schedule of the Company’s future minimum lease payments under capital leases as of December 31, 2016: FUTURE MINIMUM LEASE PAYMENTS UNDER OBLIGATIONS UNDER CAPITAL LEASES Years Ended December 31, Amount 2017 $ 839 2018 839 2019 839 2020 863 2021 910 Thereafter 4,369 Total minimum lease payments $ 8,659 Less: Amount representing interest 2,367 Present value of minimum lease payment, net $ 6,292
Future Minimum Payments under Noncancelable Operating Leases	The following table shows future minimum payments under noncancelable operating leases with initial terms of one year or more at December 31, 2016. Future minimum receipts under sub-lease agreements are deemed not material. FUTURE MINIMUM PAYMENTS UNDER NONCANCELABLE OPERATING LEASES Years Ended December 31, Amount 2017 $ 3,687 2018 2,204 2019 1,625 2020 1,550 2021 1,457 Thereafter 3,565 Total minimum lease payments $ 14,088

Derivative Financial Instrume44

Derivative Financial Instruments and Hedging Activities (Tables)	12 Months Ended
	Dec. 31, 2016
Derivative Instruments And Hedging Activities Disclosure [Abstract]
Summary of Interest Rate Swaps Designated as Fair Value Hedges	SUMMARY OF INTEREST RATE SWAPS DESIGNATED AS FAIR VALUE HEDGES December 31, 2016 2015 Balance Sheet Location Notional Fair Value Notional Fair Value Other liabilities $ 1,468 $ (165 ) $ 5,572 $ (351 )
Summary of Interest Rate Swap Components	SUMMARY OF INTEREST RATE SWAPS COMPONENTS December 31, 2016 2015 Weighted average pay rate 7.22 % 7.28 % Weighted average receive rate 1.73 % 1.98 % Weighted average maturity in years 2.92 1.53
Summary of Interest Rate Swaps Not Designated as Hedging Instruments	SUMMARY OF INTEREST RATE SWAPS NOT DESIGNATED AS HEDGING INSTRUMENTS December 31, 2016 2015 Balance Sheet Location Notional Fair Value Notional Fair Value Other assets $ 45,236 $ 2,077 $ 98,976 $ 5,611 Other liabilities (45,236 ) (2,087 ) (98,976 ) (5,649 )

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2016
Income Tax Disclosure [Abstract]
Summary of Income Tax (Benefit) Expense	The income tax (benefit) expense for the years ended December 31, 2016, 2015 and 2014 consists of the following: SUMMARY OF INCOME TAX (BENEFIT) EXPENSE Years Ended December 31, 2016 2015 2014 Current $ 138 $ 73 $ 4 Deferred (52,533 ) 1,124 1,313 Income tax (benefit) expense $ (52,395 ) $ 1,197 $ 1,317
Details of Deferred Tax Asset, Net	Items that gave rise to significant portions of the deferred tax accounts at December 31, 2016 and 2015 are as follows: DETAILS OF DEFERRED TAX ASSET, NET December 31, 2016 2015 Deferred tax asset: Allowance for loan losses $ 6,598 $ 7,613 Impairments realized on investment securities 490 490 Fixed assets 2,502 3,002 Net operating loss carry forwards 110,271 111,335 Unrealized loss on investment securities 1,774 1,210 Alternative minimum tax credits 2,145 2,078 Other 6,315 6,270 Total deferred tax asset before valuation allowance 130,095 131,998 Less: valuation allowance (73,186 ) (128,793 ) Deferred tax liability: Goodwill amortization 3,854 2,734 Deferred loan costs 1,193 1,700 Other 289 295 Total deferred tax liability 5,336 4,729 Net deferred tax asset (liability) $ 51,573 $ (1,524 )
Reconciliation of Federal Statutory Income Tax	The provision for income taxes differs from that computed at the statutory rate as follows: RECONCILIATION OF FEDERAL STATUTORY INCOME TAX Years Ended December 31, 2016 2015 2014 Amount % Amount % Amount % Income (loss) before income taxes $ 9,022 $ 11,417 $ (28,491 ) Tax computed at statutory rate 3,067 34.0 % 3,996 35.0 % (9,972 ) 35.0 % Increase (decrease) in charge resulting from: State taxes, net of federal benefit 72 0.8 804 7.0 (1,606 ) 5.6 Tax exempt interest, net (10 ) (0.1 ) (309 ) (2.7 ) (469 ) 1.7 BOLI (657 ) (7.3 ) (715 ) (6.3 ) (664 ) 2.3 Valuation allowance (55,003 ) (609.6 ) (3,853 ) (33.7 ) 13,297 (46.7 ) Other, net 136 1.5 1,274 11.2 731 (2.5 ) Total income tax (benefit) expense $ (52,395 ) (580.7 )% $ 1,197 10.5 % $ 1,317 (4.6 )%

Earnings (Loss) Per Common Sh46

Earnings (Loss) Per Common Share (Tables)	12 Months Ended
	Dec. 31, 2016
Earnings Per Share [Abstract]
Summary of Earnings (Loss) Per Common Share Computation	Earnings (loss) per share for the years ended December 31, 2016, 2015 and 2014 were calculated as follows: EARNINGS (LOSS) PER COMMON SHARE COMPUTATION Years Ended December 31, 2016 2015 2014 Net income (loss) available to common shareholders $ 61,417 $ 10,220 $ (29,808 ) Average common shares outstanding 18,843,077 18,648,339 17,830,018 Net effect of dilutive shares 90,253 61,820 — Dilutive common shares outstanding 18,933,330 18,710,159 17,830,018 Earnings (loss) per share – basic $ 3.26 $ 0.55 $ (1.67 ) Earnings (loss) per share – diluted 1 $ 3.24 $ 0.55 $ (1.67 )

Regulatory Matters (Tables)

Regulatory Matters (Tables)	12 Months Ended
	Dec. 31, 2016
Banking And Thrift [Abstract]
Risk-Based Capital Ratios	The following table provides both the Company’s and the Bank’s risk-based capital ratios as of December 31, 2016 and 2015. REGULATORY CAPITAL LEVELS Actual For Capital Adequacy Purposes Minimum Capital Requirement with Conservation Buffer (1) To Be Well Capitalized Under Prompt Corrective Action Provisions (2) Amount Ratio Amount Ratio Amount Ratio Amount Ratio December 31, 2016 Total risk-based capital (to risk-weighted assets): Sun Bancorp, Inc. $ 354,078 21.63 % $ 130,929 8.00 $ 141,157 8.625 % N/A Sun National Bank 324,196 19.85 130,664 8.00 140,872 8.625 $ 163,330 10.00 % Tier 1 common equity capital ratio (to risk-weighted assets): Sun Bancorp, Inc. 262,386 16.03 73,647 4.50 83,876 5.125 N/A Sun National Bank 308,043 18.86 73,498 4.50 83,707 5.125 106,164 6.50 Tier 1 capital (to risk-weighted assets): Sun Bancorp, Inc. 309,910 18.94 98,196 6.00 108,425 6.625 N/A Sun National Bank 308,043 18.86 97,998 6.00 108,206 6.625 130,664 8.00 Leverage capital: Sun Bancorp, Inc. 309,910 14.57 85,092 4.00 N/A N/A Sun National Bank 308,043 14.50 84,959 4.00 N/A 106,199 5.00 December 31, 2015 Total risk-based capital (to risk-weighted assets): Sun Bancorp, Inc. $ 328,575 21.04 % $ 124,914 8.00 % N/A N/A Sun National Bank 297,735 19.11 124,649 8.00 N/A $ 155,811 10.00 % Tier 1 common equity capital ratio (to risk-weighted assets): Sun Bancorp, Inc. 219,939 14.09 70,264 4.50 N/A N/A Sun National Bank 279,100 17.91 70,115 4.50 N/A 101,277 6.50 Tier 1 capital (to risk-weighted assets): Sun Bancorp, Inc. 274,928 17.61 93,685 6.00 N/A N/A Sun National Bank 279,100 17.91 93,487 6.00 N/A 124,648 8.00 Leverage capital: Sun Bancorp, Inc. 274,928 12.19 90,203 4.00 N/A N/A Sun National Bank 279,100 12.39 90,069 4.00 N/A 112,587 5.00 (1) Conservation Buffer of 0.625% became effective as of January 1, 2016. (2) Not applicable for bank holding companies.

Fair Value of Financial Instr48

Fair Value of Financial Instruments (Tables)	12 Months Ended
	Dec. 31, 2016
Summary of Assets and Liabilities Measured at Fair Value on Recurring Basis	Those assets and liabilities which will continue to be measured at fair value on a recurring basis are as follows: Category Used for Fair Value Measurement Total Level 1 Level 2 Level 3 December 31, 2016 Assets: Investment securities available for sale: U.S. Treasury securities $ 2,498 $ 2,498 $ — $ — U.S. Government agency securities — — — — U.S. Government agency mortgage-backed securities 244,544 — 244,544 — Other mortgage-backed securities 114 — 114 — Trust preferred securities 9,851 — — 9,851 Collateralized loan obligations 37,319 — 37,319 — Other securities 1,360 1,360 — — Hedged commercial loans 1,634 — 1,634 — Interest rate swaps 2,077 — 2,077 — Liabilities: Fair value interest rate swaps 165 — 165 — Interest rate swaps 2,087 — 2,087 — December 31, 2015 Assets: Investment securities available for sale: U.S. Treasury securities $ 2,484 $ 2,484 $ — $ — U.S. Government agency securities 4,902 — 4,902 — U.S. Government agency mortgage-backed securities 205,512 — 205,512 — Other mortgage-backed securities 182 — 182 — Trust preferred securities 10,174 — — 10,174 Collateralized loan obligations 58,996 — 58,996 — Other securities 625 625 — — Hedged commercial loans 5,924 — 5,924 — Interest rate swaps 5,611 — 5,611 — Liabilities: Fair value interest rate swaps 351 — 351 — Interest rate swaps 5,649 — 5,649 —
Summary of Assets Measured at Fair Value on Non Recurring Basis	At December 31, 2016 and 2015, these assets were valued in accordance with GAAP, and except for impaired loans and real estate owned included in the following table, did not require fair value disclosure under the provisions of FASB ASC 820. The related changes in fair value for the years ended December 31, 2016 and 2015 are as follows: Category Used for Fair Value Measurement Total (Losses) Gains Or Changes Total Level 1 Level 2 Level 3 in Net Assets December 31, 2016 Assets: Impaired loans $ 799 $ — $ — $ 799 $ (65 ) December 31, 2015 Assets: Impaired loans $ 1,161 $ — $ — $ 1,161 $ (64 ) Real estate owned 281 — — 281 (56 )
Valuation Methods for Determining Fair Value of Impairment Loans	The following table summarizes the Company’s appraisal approach based upon loan category. Loan Category Used for Impairment Review Method of Determining the Value Loans less than $1 million Evaluation or restricted use appraisal Loans $1 million or greater Existing appraisal 18 months or less Restricted use appraisal Existing appraisal greater than 18 months Summary form appraisal Commercial loans secured primarily by residential real estate Loans less than $1 million Automated valuation model Loans $1 million or greater Summary form appraisal Non-commercial loans secured primarily by residential real estate Loans less than $250,000 Automated valuation model or Summary form appraisal Loans $250,000 or greater Summary form appraisal
Carrying Amounts and Estimated Fair Values of Financial Assets and Liabilities	CARRYING AMOUNTS AND ESTIMATED FAIR VALUES OF FINANCIAL INSTRUMENTS December 31, 2016 2015 Carrying Amount Estimated Fair Value Carrying Amount Estimated Fair Value Assets: Cash and due from banks $ 19,645 $ 19,645 $ 21,836 $ 21,836 Interest-earning bank balances 114,563 114,563 182,479 182,479 Restricted cash 5,000 5,000 5,000 5,000 Investment securities available for sale 295,686 295,686 282,875 282,875 Investment securities held to maturity 250 250 250 250 Loans receivable, net 1,592,743 1,575,818 1,524,577 1,460,080 Hedged commercial loans (1) 1,634 1,634 5,924 5,924 Restricted equity investments 15,791 15,791 15,733 15,733 Interest rate swaps 2,077 2,077 5,611 5,611 Liabilities: Demand deposits 1,095,012 1,070,680 1,186,348 1,166,898 Savings deposits 241,754 235,216 221,620 213,498 Time deposits 404,597 412,903 338,134 339,294 Advances from FHLBNY 85,416 85,703 85,607 85,790 Junior subordinated debentures 92,786 64,282 92,786 63,520 Fair value interest rate swaps 165 165 351 351 Interest rate swaps 2,087 2,087 5,649 5,649 (1) Includes positive market value adjustment of $165 thousand and $351 thousand at December 31, 2016 and December 31, 2015, respectively, which is equal to the change in value of related interest rate swaps designated as fair value hedges of these hedged loans in accordance with FASB ASC 815.
Investment Securities [Member]
Summary of Level 3 Fair Value Measurement Activity	The following provides details of the Level 3 fair value measurement activity for the years ended December 31, 2016 and 2015: For the Years Ended December 31, 2016 2015 Balance, beginning of year $ 10,175 $ 9,410 Total gains (losses), realized/unrealized: Included in earnings 5 3 Included in accumulated other comprehensive income (329 ) 762 Purchases — — Maturities — — Prepayments — — Calls — — Transfers out of Level 3 — — Balance, end of year $ 9,851 $ 10,175

Related Party Transactions (Tab

Related Party Transactions (Tables)	12 Months Ended
	Dec. 31, 2016
Related Party Transactions [Abstract]
Summary of Loans to Related Parties	Related party activity for the years ended December 31, 2016 and 2015 is summarized as follows: SUMMARY OF LOANS TO RELATED PARTIES At or for the Years Ended December 31, 2016 2015 Balance, beginning of year $ 2,433 $ 38,490 Additions — — Other reductions (1) (236 ) — Repayments (1,773 ) (36,057 ) Balance, end of year $ 424 $ 2,433 (1) Represents balances at the beginning of the period for related parties who left the Company during the course of the year.
Summary of Leases	Terms of these five agreements at December 31, 2016 are as follows: SUMMARY OF LEASES WITH AFFILIATES December 31, 2016 Annual Rental Payment Renewal Option Remaining Annual Rental Increases Expiration date: January 2017 $ 167 2 five-year terms Fixed October 2017 1,408 N/A N/A August 2025 (1) 570 4 five-year terms Fixed January 2027 174 4 five-year terms Fixed June 2029 (2) 269 N/A CPI (1) This lease is recorded as a $3.9 million obligation under capital lease at December 31, 2016. (2) This lease is recorded as a $2.4 million obligation under capital lease at December 31, 2016.

Condensed Financial Informati50

Condensed Financial Information of Parent Company (Tables)	12 Months Ended
	Dec. 31, 2016
Condensed Financial Information Of Parent Company Only Disclosure [Abstract]
Condensed Statements of Financial Condition	The condensed financial statements of Sun Bancorp, Inc. are as follows: CONDENSED STATEMENTS OF FINANCIAL CONDITION December 31, 2016 2015 Assets: Cash and due from banks $ 27,041 $ 29,222 Investments in subsidiaries: Bank subsidiaries 379,827 315,551 Non-bank subsidiaries 2,786 2,786 Accrued interest receivable and other assets 5,304 3,683 Total assets $ 414,958 $ 351,242 Liabilities and Shareholders’ Equity: Liabilities Junior subordinated debentures $ 92,786 $ 92,786 Other liabilities 2,463 2,068 Total liabilities 95,249 94,854 Shareholders’ equity 319,709 256,388 Total liabilities and shareholders’ equity $ 414,958 $ 351,242
Condensed Statements of Operations	CONDENSED STATEMENTS OF OPERATIONS Years Ended December 31, 2016 2015 2014 Interest expense $ (2,574 ) $ (2,200 ) $ (2,150 ) Other expenses (4,638 ) (3,791 ) (4,037 ) Management fee income 4,715 3,886 4,130 Loss before equity in undistributed loss of subsidiaries and income tax benefit (2,497 ) (2,105 ) (2,057 ) Equity in undistributed income (loss) of subsidiaries 62,911 11,639 (28,480 ) Income tax benefit 1,003 686 729 Net income (loss) available to common shareholders $ 61,417 $ 10,220 $ (29,808 )
Condensed Statements of Cash Flows	CONDENSED STATEMENTS OF CASH FLOWS Years Ended December 31, 2016 2015 2014 Operating activities: Net income (loss) $ 61,417 $ 10,220 $ (29,808 ) Adjustments to reconcile net (loss) income to net cash used in operating activities: Undistributed (income) loss of subsidiaries (62,911 ) (11,639 ) 28,480 Stock-based compensation 348 252 226 Change in assets and liabilities which provided (used) cash: Accrued interest receivable and other assets (1,646 ) (28 ) (730 ) Accounts payable and other liabilities 242 27 (487 ) Net cash used in operating activities (2,550 ) (1,168 ) (2,319 ) Investing activities: Payments for investments in and advances to subsidiaries — — (7,500 ) Net cash used in investing activities — — (7,500 ) Financing activities: Proceeds from exercise of stock options 71 15 16 Proceeds from issuance of common stock 674 600 22,141 Cash dividends paid to shareholders (376 ) — — Net cash provided by financing activities 369 615 22,157 Net (decrease) increase in cash (2,181 ) (553 ) 12,338 Cash, beginning of year 29,222 29,775 17,437 Cash, end of year $ 27,041 $ 29,222 $ 29,775
Summarized Quarterly Financial Data (unaudited)	QUARTERLY DATA Three Months Ended December 31, September 30, June 30, March 31, 2016 Interest income $ 17,719 $ 17,459 $ 17,498 $ 16,934 Interest expense 2,885 2,747 2,626 2,448 Net interest income 14,834 14,712 14,872 14,486 Recovery of provision for loan losses — — (1,682 ) — Non-interest income 3,309 3,142 3,774 3,164 Non-interest expense 15,426 15,937 17,066 16,524 Income before income taxes 2,717 1,917 3,262 1,126 Income tax (benefit) expense (1) (53,281 ) 287 299 300 Net income available to common shareholders 55,998 1,630 2,963 826 Earnings per common share - basic $ 2.96 $ 0.09 $ 0.16 $ 0.04 Earnings per common share - diluted $ 2.94 $ 0.09 $ 0.16 $ 0.04 2015 Interest income $ 17,167 $ 17,589 $ 17,793 $ 17,659 Interest expense 2,352 2,372 2,418 2,468 Net interest income 14,815 15,217 15,375 15,191 Recovery of provision for loan losses (300 ) (1,762 ) (1,218 ) — Non-interest income 3,204 6,453 4,881 13,087 Non-interest expense 16,621 19,885 18,362 25,218 Income before income taxes 1,698 3,547 3,112 3,060 Income tax expense 246 383 284 284 Net income available to common shareholders $ 1,452 3,164 2,828 2,776 Earnings per common share - basic $ 0.08 $ 0.17 $ 0.15 $ 0.15 Earnings per common share - diluted $ 0.08 $ 0.17 $ 0.15 $ 0.15 (1) The December 31, 2016 quarter includes a $53.7 million tax benefit related to the reversal of a portion of the Company’s deferred tax asset valuation allowance.

Nature of Operations - Addition

Nature of Operations - Additional Information (Detail)	12 Months Ended
	Dec. 31, 2016TrustLocationBranchesOffice
Organization Consolidation And Presentation Of Financial Statements Disclosure [Line Items]
Number of business trust	5
Number of locations | Location	35
Number of branch offices | Branches	30
Number of loan production office | Office	1
DELAWARE
Organization Consolidation And Presentation Of Financial Statements Disclosure [Line Items]
Number of business trust	4
CONNECTICUT
Organization Consolidation And Presentation Of Financial Statements Disclosure [Line Items]
Number of business trust	1

Summary of Significant Accoun52

Summary of Significant Accounting Policies - Additional Information (Detail)	12 Months Ended
	Dec. 31, 2016USD ($)SegmentTransactionsshares	Dec. 31, 2015USD ($)Transactionsshares	Dec. 31, 2014USD ($)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Number of reportable operating segment | Segment	1
Number of unsettled transactions | Transactions	0	0
Other than temporary impairment losses investments	$ 0	$ 0	$ 0
Commercial loans and commercial real estate loans placed on non-accrual status	90 days
Investments in general account	$ 28,500,000
Investments in separate account	54,600,000
Bank owned life insurance (BOLI)	$ 83,109,000	$ 81,175,000
Treasury stock | shares	107,978	217,738
Stock-based incentive plan, options expiry term	10 years
Stock Option granted exercise period	10 years
Commercial Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Delinquent loans charge-off	180 days
Commercial Real Estate Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Delinquent loans charge-off	180 days
Consumer Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Delinquent loans charge-off	180 days
Residential Real Estate Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Residential real estate loans placed on non-accrual status	90 days
Maximum [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans delayed before impairment period	90 days

Summary of Significant Accoun53

Summary of Significant Accounting Policies - Summary of Estimated Useful Lives of Bank Properties and Equipment (Detail)	12 Months Ended
	Dec. 31, 2016
Buildings [Member]
Property, Plant and Equipment [Line Items]
Estimated Useful Life	40 years
Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Estimated Useful Life	Lesser of the useful life or the remaining lease term, including renewals, if applicable
Computer Software [Member]
Property, Plant and Equipment [Line Items]
Estimated Useful Life	3 years
Minimum [Member] | Furniture, Fixtures and Equipment [Member]
Property, Plant and Equipment [Line Items]
Estimated Useful Life	3 years
Maximum [Member] | Furniture, Fixtures and Equipment [Member]
Property, Plant and Equipment [Line Items]
Estimated Useful Life	10 years

Summary of Significant Accoun54

Summary of Significant Accounting Policies - Reclassifications of Accumulated Other Comprehensive Loss Items (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Accumulated Other Comprehensive Income Loss [Line Items]
Other comprehensive (loss) income	$ (816)	$ (1,614)	$ 6,917
Accumulated Other Comprehensive Loss [Member]
Accumulated Other Comprehensive Income Loss [Line Items]
Unrealized holding (loss) gain on securities available for sale during the year, Pre-tax	(1,340)	(1,262)	11,743
Unrealized holding (loss) gain on securities available for sale during the year, Tax	547	516	(4,796)
Unrealized holding (loss) gain on securities available for sale during the year, After-tax	(793)	(746)	6,947
Reclassification adjustment for net gain included in net income, Pre-tax	(39)	(1,468)	(50)
Reclassification adjustment for net gain included in net income, Tax	16	600	20
Reclassification adjustment for net gain included in net income, After-tax	(23)	(868)	(30)
Net unrealized (loss) gain on securities available for sale, Pre-tax	(1,379)	(2,730)	11,693
Net unrealized (loss) gain on securities available for sale, Tax	563	1,116	(4,776)
Other comprehensive (loss) income	$ (816)	$ (1,614)	$ 6,917

Summary of Significant Accoun55

Summary of Significant Accounting Policies - Summary of Weighted Average Assumptions Used to Calculate Fair Value of Option Awards (Detail) - $ / shares	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Fair value of Options granted during the year	$ 5.90	$ 6.16	$ 8.70
Risk-free rate of return	1.29%	1.35%	1.32%
Expected term in months	50 months	46 months	54 months
Expected volatility	33.00%	40.00%	54.00%

Branch Sales and Consolidatio56

Branch Sales and Consolidations - Additional Information (Detail) $ in Thousands	Aug. 28, 2015USD ($)	Mar. 06, 2015USD ($)Branch_office	Dec. 31, 2016USD ($)	Dec. 31, 2015USD ($)BranchesOffice	Dec. 31, 2014USD ($)Branches
Real Estate Properties [Line Items]
Number of leased branch offices closed | Branches				5	4
Number of owned branch offices | Office				4
Closure expenses				$ 3,500	$ 293
Sturdy Savings Bank [Member]
Real Estate Properties [Line Items]
Number of branches sold | Branch_office		7
Deposits held for sale		$ 153,300
Loans held for sale		63,800
Fixed assets		4,000
Cash		897
Net cash payment for sale of branch		$ 71,500
Gain on branch sale transaction				$ 9,200
Hammonton Branch [Member]
Real Estate Properties [Line Items]
Deposits held for sale	$ 32,000
Loans held for sale	4,800
Fixed assets	354
Cash	143
Net cash payment for sale of branch	$ 25,500
Gain on branch sale transaction			$ 1,300

Investment Securities - Availab

Investment Securities - Available for Sale and Held to Maturity Investment (Detail) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Schedule Of Available For Sale Securities And Held To Maturity [Line Items]
Amortized Cost, Available for sale	$ 300,028	$ 285,838
Gross Unrealized Gains, Available for sale	591	1,082
Gross Unrealized Losses, Available for sale	(4,933)	(4,045)
Estimated Fair Value, Available for sale	295,686	282,875
Amortized Cost, Held to maturity	250	250
Estimated Fair Value, Held to maturity	250	250
Amortized Cost	300,278	286,088
Gross Unrealized Gains	591	1,082
Gross Unrealized Losses	(4,933)	(4,045)
Estimated Fair Value	295,936	283,125
U.S. Treasury Securities [Member]
Schedule Of Available For Sale Securities And Held To Maturity [Line Items]
Amortized Cost, Available for sale	2,498	2,494
Gross Unrealized Losses, Available for sale		(10)
Estimated Fair Value, Available for sale	2,498	2,484
U.S. Government Agency Securities [Member]
Schedule Of Available For Sale Securities And Held To Maturity [Line Items]
Amortized Cost, Available for sale		4,976
Gross Unrealized Losses, Available for sale		(74)
Estimated Fair Value, Available for sale		4,902
U.S. Government Agency Mortgage-Backed Securities [Member]
Schedule Of Available For Sale Securities And Held To Maturity [Line Items]
Amortized Cost, Available for sale	246,535	205,586
Gross Unrealized Gains, Available for sale	583	1,082
Gross Unrealized Losses, Available for sale	(2,574)	(1,156)
Estimated Fair Value, Available for sale	244,544	205,512
Other Mortgage-Backed Securities [Member]
Schedule Of Available For Sale Securities And Held To Maturity [Line Items]
Amortized Cost, Available for sale	115	183
Gross Unrealized Losses, Available for sale	(1)	(1)
Estimated Fair Value, Available for sale	114	182
Trust Preferred Securities [Member]
Schedule Of Available For Sale Securities And Held To Maturity [Line Items]
Amortized Cost, Available for sale	12,023	12,018
Gross Unrealized Losses, Available for sale	(2,172)	(1,844)
Estimated Fair Value, Available for sale	9,851	10,174
Collateralized Loan Obligations [Member]
Schedule Of Available For Sale Securities And Held To Maturity [Line Items]
Amortized Cost, Available for sale	37,471	59,956
Gross Unrealized Gains, Available for sale	8
Gross Unrealized Losses, Available for sale	(160)	(960)
Estimated Fair Value, Available for sale	37,319	58,996
Other Securities [Member]
Schedule Of Available For Sale Securities And Held To Maturity [Line Items]
Amortized Cost, Available for sale	1,386	625
Gross Unrealized Losses, Available for sale	(26)
Estimated Fair Value, Available for sale	1,360	625
Amortized Cost, Held to maturity	250	250
Estimated Fair Value, Held to maturity	$ 250	$ 250

Investment Securities - Additio

Investment Securities - Additional Information (Detail)	12 Months Ended
	Dec. 31, 2016USD ($)TimesSecurity	Dec. 31, 2015USD ($)Security	Dec. 31, 2014USD ($)
Schedule of Available-for-sale Securities [Line Items]
Number of securities prior to maturity | Security	1	2
Gross proceed from sale of securities	$ 5,000,000	$ 130,000
Gross realized gains		$ 2,000
Number of securities matured | Security	1	1
Gross proceed from sale of additional investment	$ 248,000,000
Aggregate value of securities matured		$ 2,500,000
Cumulative OTTI balance	1,200,000
OTTI charges recognized in earnings	0	0	$ 0
12 Months or longer estimated fair value	98,433,000	88,238,000
Less than 12 months gross unrealized loss	1,709,000	400,000
Less than 12 Months, Estimated Fair Value	109,045,000	72,283,000
Gross unrealized loss in the category of 12 months or longer	$ 3,224,000	3,645,000
Future default rate	3.60%
Period of time with no recovery rate	3 years
Amortized cost of investment securities pledged to secure public deposits	$ 13,800,000
Estimated fair value of investment securities pledged to secure public deposits	13,900,000
Amortized cost of investment securities pledged as collateral on secured borrowings	68,100,000
Estimated fair value of investment securities pledged as collateral on secured borrowings	$ 67,900,000
U.S. Government Agency Mortgage-Backed Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Number of investment securities in unrealized loss position of twelve months or longer | Security	20
12 Months or longer estimated fair value	$ 54,643,000	27,028,000
Less than 12 months gross unrealized loss	$ 1,683,000	254,000
Number of investment securities in unrealized loss less than 12 months | Security	16
Less than 12 Months, Estimated Fair Value	$ 108,070,000	56,753,000
Gross unrealized loss in the category of 12 months or longer	891,000	902,000
Collateralized Loan Obligations [Member]
Schedule of Available-for-sale Securities [Line Items]
12 Months or longer estimated fair value	33,825,000	46,133,000
Less than 12 months gross unrealized loss		135,000
Less than 12 Months, Estimated Fair Value		12,864,000
Gross unrealized loss in the category of 12 months or longer	$ 160,000	825,000
Collateralized Loan Obligations [Member] | AAA [Member]
Schedule of Available-for-sale Securities [Line Items]
Number of investment securities in unrealized loss less than 12 months | Security	3
Collateralized Loan Obligations [Member] | AA [Member]
Schedule of Available-for-sale Securities [Line Items]
Number of investment securities in unrealized loss less than 12 months | Security	1
Other Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Less than 12 months gross unrealized loss	$ 26,000
Number of investment securities in unrealized loss less than 12 months | Security	1
Less than 12 Months, Estimated Fair Value	$ 975,000
Trust Preferred Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Cumulative OTTI balance	$ 1,200,000
Number of investment securities in unrealized loss position of twelve months or longer | Security	2
12 Months or longer estimated fair value	$ 9,851,000	10,175,000
Gross unrealized loss in the category of 12 months or longer	$ 2,172,000	1,844,000
Number of Non-rated single issuer security | Security	1
Non-rated single issuer security with amortized cost	$ 3,200,000
Non-rated single issuer security, estimated fair value	$ 3,200,000
Number of investment grade rated pooled security | Security	1
Investment grade rated pooled security with an amortized cost	$ 8,800,000
Investment grade rated pooled security, estimated fair value	$ 6,700,000
Security with principal coverage | Times	3.67
Available for Sale Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Gross proceed from sale of securities	$ 30,300,000	42,800,000
Net realized gains	$ 39,000
Gross realized gains		$ 1,300,000
Number of available for sale securities sold prior to maturity | Security	6	103

Investment Securities - Gross U

Investment Securities - Gross Unrealized Losses by Investment Category (Detail) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Schedule of Available-for-sale Securities [Line Items]
Less than 12 Months, Estimated Fair Value	$ 109,045	$ 72,283
Less than 12 Months, Gross Unrealized Losses	(1,709)	(400)
12 Months or Longer, Estimated Fair Value	98,433	88,238
12 Months or Longer, Gross Unrealized Losses	(3,224)	(3,645)
Total, Estimated Fair Value	207,478	160,521
Total, Gross Unrealized Losses	(4,933)	(4,045)
U.S. Treasury Obligations/ Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Less than 12 Months, Estimated Fair Value		2,484
Less than 12 Months, Gross Unrealized Losses		(10)
Total, Estimated Fair Value		2,484
Total, Gross Unrealized Losses		(10)
U.S. Government Agency Mortgage-Backed Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Less than 12 Months, Estimated Fair Value	108,070	56,753
Less than 12 Months, Gross Unrealized Losses	(1,683)	(254)
12 Months or Longer, Estimated Fair Value	54,643	27,028
12 Months or Longer, Gross Unrealized Losses	(891)	(902)
Total, Estimated Fair Value	162,713	83,781
Total, Gross Unrealized Losses	(2,574)	(1,156)
Other Mortgage-Backed Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Less than 12 Months, Estimated Fair Value		182
Less than 12 Months, Gross Unrealized Losses		(1)
12 Months or Longer, Estimated Fair Value	114
12 Months or Longer, Gross Unrealized Losses	(1)
Total, Estimated Fair Value	114	182
Total, Gross Unrealized Losses	(1)	(1)
Trust Preferred Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
12 Months or Longer, Estimated Fair Value	9,851	10,175
12 Months or Longer, Gross Unrealized Losses	(2,172)	(1,844)
Total, Estimated Fair Value	9,851	10,175
Total, Gross Unrealized Losses	(2,172)	(1,844)
Collateralized Loan Obligations [Member]
Schedule of Available-for-sale Securities [Line Items]
Less than 12 Months, Estimated Fair Value		12,864
Less than 12 Months, Gross Unrealized Losses		(135)
12 Months or Longer, Estimated Fair Value	33,825	46,133
12 Months or Longer, Gross Unrealized Losses	(160)	(825)
Total, Estimated Fair Value	33,825	58,997
Total, Gross Unrealized Losses	(160)	(960)
Other Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Less than 12 Months, Estimated Fair Value	975
Less than 12 Months, Gross Unrealized Losses	(26)
Total, Estimated Fair Value	975
Total, Gross Unrealized Losses	$ (26)
U.S. Government Agency Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
12 Months or Longer, Estimated Fair Value		4,902
12 Months or Longer, Gross Unrealized Losses		(74)
Total, Estimated Fair Value		4,902
Total, Gross Unrealized Losses		$ (74)

Investment Securities - Contrac

Investment Securities - Contractual Maturities of Investment Securities (Detail) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Schedule Of Available For Sale Securities And Held To Maturity [Line Items]
Due in one year or less, Amortized Cost	$ 2,635
Due after one year through five years, Amortized Cost	248
Due after five years through ten years, Amortized Cost	37,471
Due after ten years, Amortized Cost	13,024
Total investment securities, excluding mortgage-backed securities, Amortized Cost	53,378
Total investment securities, Amortized Cost	300,028	$ 285,838
Due in one year or less, Estimated Fair Value	2,635
Due after one year through five years, Estimated Fair Value	248
Due after five years through ten years, Estimated Fair Value	37,319
Due after ten years, Estimated Fair Value	10,826
Total investment securities, excluding mortgage-backed securities, Estimated Fair Value	51,028
Total investment securities, Estimated Fair Value	295,686	282,875
Due in one year or less, Amortized Cost	250
Total investment securities, excluding mortgage-backed securities, Amortized Cost	250
Total investment securities, Amortized Cost	250	250
Due in one year or less, Estimated Fair Value	250
Total investment securities, excluding mortgage-backed securities, Estimated Fair Value	250
Total investment securities, Estimated Fair Value	250	250
U.S. Government Agency Mortgage-Backed Securities [Member]
Schedule Of Available For Sale Securities And Held To Maturity [Line Items]
Total investment securities, Amortized Cost	246,535	205,586
Total investment securities, Estimated Fair Value	244,544	205,512
Other Mortgage-Backed Securities [Member]
Schedule Of Available For Sale Securities And Held To Maturity [Line Items]
Total investment securities, Amortized Cost	115	183
Total investment securities, Estimated Fair Value	$ 114	$ 182

Loans Receivable - Loan Compone

Loans Receivable - Loan Components (Detail) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans held-for-investment	$ 1,609,918	$ 1,548,509	$ 1,510,144
Allowance for loan losses	(15,541)	(18,008)	(23,246)	$ (35,537)
Loans receivable, net	1,594,377	1,530,501
Commercial and Industrial [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans held-for-investment	235,946	230,681	242,494
Allowance for loan losses	(2,153)	(2,761)	(5,134)	(12,061)
CRE Owner Occupied [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans held-for-investment	231,348	228,191	278,651
CRE Non-Owner Occupied [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans held-for-investment	742,662	625,700	461,631
Land and Development [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans held-for-investment	67,165	68,070	70,156
Allowance for loan losses	(604)	(1,058)	(958)	(1,249)
Home Equity Lines of Credit [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans held-for-investment	110,377	130,401	156,926
Home Equity Term Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans held-for-investment	9,104	12,383	17,239
Residential Real Estate Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans held-for-investment	210,874	249,975	276,993
Allowance for loan losses	(2,648)	(3,029)	(3,515)	$ (2,898)
Other [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans held-for-investment	2,442	3,108	6,054
Commercial Loans [Member] | Commercial and Industrial [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans held-for-investment	235,946	230,681	242,494
Commercial Loans [Member] | CRE Owner Occupied [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans held-for-investment	231,348	228,191	278,651
Commercial Loans [Member] | CRE Non-Owner Occupied [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans held-for-investment	742,662	625,700	461,631
Commercial Loans [Member] | Land and Development [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans held-for-investment	67,165	68,070	70,156
Consumer Loans [Member] | Home Equity Lines of Credit [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans held-for-investment	110,377	130,401	156,926
Consumer Loans [Member] | Home Equity Term Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans held-for-investment	9,104	12,383	17,239
Consumer Loans [Member] | Residential Real Estate Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans held-for-investment	210,874	249,975	276,993
Consumer Loans [Member] | Other [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans held-for-investment	$ 2,442	$ 3,108	$ 6,054

Loans Receivable - Loans on Non

Loans Receivable - Loans on Non-accrual Status (Detail) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total non-accrual loans	$ 1,697	$ 2,207
Troubled debt restructurings, non-accrual	1,404	910
Commercial Loans [Member] | Commercial and Industrial [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total non-accrual loans		219
Commercial Loans [Member] | CRE Owner Occupied [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total non-accrual loans	213	381
Commercial Loans [Member] | CRE Non-Owner Occupied [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total non-accrual loans	517
Consumer Loans [Member] | Home Equity Term Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total non-accrual loans	72	88
Consumer Loans [Member] | Residential Real Estate Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total non-accrual loans	810	1,417
Consumer Loans [Member] | Other [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total non-accrual loans	$ 85	$ 102

Loans Receivable - Additional I

Loans Receivable - Additional Information (Detail)	12 Months Ended
	Dec. 31, 2016USD ($)Relationship	Dec. 31, 2015USD ($)Relationship	Dec. 31, 2014USD ($)
Receivables [Abstract]
Interest income not recognized due to non accrual loans	$ 109,000	$ 95,000	$ 1,500,000
Interest on loans included in net income	40,000	59,000	$ 1,200,000
Outstanding amount of relationships which agreements included interest reserves	$ 5,900,000	$ 8,800,000
Number of commercial construction relationships | Relationship	2	1
Number of residential construction relationships | Relationship		1
Amount available to fund interest payments	$ 214,000	$ 571,000
Number of relationships with interest reserves on non-accrual status | Relationship	0	0
Interest Reserve in the aggregate on non accrual status of commercial construction relationships	$ 0	$ 0
Additional lending of funds	343,200,000	$ 280,700,000
Loans pledged as collateral on secured borrowings	$ 217,200,000

Allowance for Loan Losses - All

Allowance for Loan Losses - Allowance for Loan Losses and Recorded Investment in Financing Receivables (Detail) - USD ($) $ in Thousands	3 Months Ended				12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Allowance for loan losses:
Beginning balance					$ 18,008	$ 23,246	$ 35,537
Charge-offs					(2,425)	(7,513)	(31,080)
Recoveries					1,642	5,555	3,986
Net charge-offs					(783)	(1,958)	(27,094)
Provision for loan losses	$ (1,682)	$ (300)	$ (1,762)	$ (1,218)	(1,682)	(3,280)	14,803
Ending balance		18,008			15,541	18,008	23,246
Ending balance: collectively evaluated for impairment		18,008			15,541	18,008	23,246
Financing Receivables:
Ending balance		1,548,509			1,609,918	1,548,509	1,510,144
Ending balance: individually evaluated for impairment		3,117			3,101	3,117	10,229
Ending balance: collectively evaluated for impairment		1,545,392			1,606,817	1,545,392	1,499,915
Commercial and Industrial [Member]
Allowance for loan losses:
Beginning balance					2,761	5,134	12,061
Charge-offs					(256)	(375)	(10,563)
Recoveries					252	3,417	1,235
Net charge-offs					(4)	3,042	(9,328)
Provision for loan losses					(604)	(5,416)	2,401
Ending balance		2,761			2,153	2,761	5,134
Ending balance: collectively evaluated for impairment		2,761			2,153	2,761	5,134
Financing Receivables:
Ending balance		230,681			235,946	230,681	242,494
Ending balance: individually evaluated for impairment		227				227	149
Ending balance: collectively evaluated for impairment		230,454			235,946	230,454	242,345
Commercial Real Estate [Member]
Allowance for loan losses:
Beginning balance					8,142	9,615	14,518
Charge-offs					(425)	(836)	(9,205)
Recoveries					170	440	1,343
Net charge-offs					(255)	(396)	(7,862)
Provision for loan losses					(337)	(1,077)	2,959
Ending balance		8,142			7,550	8,142	9,615
Ending balance: collectively evaluated for impairment		8,142			7,550	8,142	9,615
Financing Receivables:
Ending balance		853,892			974,010	853,892	740,282
Ending balance: individually evaluated for impairment		731			860	731	3,297
Ending balance: collectively evaluated for impairment		853,161			973,150	853,161	736,985
Land and Development [Member]
Allowance for loan losses:
Beginning balance					1,058	958	1,249
Charge-offs							(289)
Recoveries					714	351	467
Net charge-offs					714	351	178
Provision for loan losses					(1,168)	(251)	(469)
Ending balance		1,058			604	1,058	958
Ending balance: collectively evaluated for impairment		1,058			604	1,058	958
Financing Receivables:
Ending balance		68,070			67,165	68,070	70,156
Ending balance: individually evaluated for impairment							138
Ending balance: collectively evaluated for impairment		68,070			67,165	68,070	70,018
Residential Real Estate Loans [Member]
Allowance for loan losses:
Beginning balance					3,029	3,515	2,898
Charge-offs					(1,025)	(2,810)	(3,124)
Recoveries					37	819	198
Net charge-offs					(988)	(1,991)	(2,926)
Provision for loan losses					607	1,505	3,543
Ending balance		3,029			2,648	3,029	3,515
Ending balance: collectively evaluated for impairment		3,029			2,648	3,029	3,513
Financing Receivables:
Ending balance		249,975			210,874	249,975	276,993
Ending balance: individually evaluated for impairment		1,970			2,084	1,970	4,759
Ending balance: collectively evaluated for impairment		248,005			208,790	248,005	272,234
Home Equity [Member]
Allowance for loan losses:
Beginning balance					2,816	3,256	3,441
Charge-offs					(454)	(2,735)	(4,568)
Recoveries					351	366	401
Net charge-offs					(103)	(2,369)	(4,167)
Provision for loan losses					(364)	1,929	3,982
Ending balance		2,816			2,349	2,816	3,256
Ending balance: collectively evaluated for impairment		2,816			2,349	2,816	3,256
Financing Receivables:
Ending balance		142,784			119,481	142,784	174,165
Ending balance: individually evaluated for impairment		88			72	88	1,751
Ending balance: collectively evaluated for impairment		142,696			119,409	142,696	172,414
Other [Member]
Allowance for loan losses:
Beginning balance					202	768	1,370
Charge-offs					(265)	(757)	(3,331)
Recoveries					118	162	342
Net charge-offs					(147)	(595)	(2,989)
Provision for loan losses					182	30	2,387
Ending balance		202			237	202	768
Ending balance: collectively evaluated for impairment		202			237	202	768
Financing Receivables:
Ending balance		3,107			2,442	3,107	6,054
Ending balance: individually evaluated for impairment		101			85	101	135
Ending balance: collectively evaluated for impairment		$ 3,006			$ 2,357	$ 3,006	$ 5,919

Allowance for Loan Losses - Add

Allowance for Loan Losses - Additional Information (Detail) $ in Thousands	12 Months Ended
	Dec. 31, 2016USD ($)Contract	Dec. 31, 2015USD ($)Contract	Dec. 31, 2014USD ($)Contract	Dec. 31, 2013USD ($)
Receivables [Abstract]
Allowance for loans receivable | $	$ 15,541	$ 18,008	$ 23,246	$ 35,537
Ratio of allowance for loan losses to gross loans held-for-investment	0.97%	1.16%	1.54%
Loan not considered as impaired	Less than 90 days
Number of TDR's included in Impaired Loans	14
TDRs included in impaired loans | $	$ 3,800
Number of impaired loans in accruing status	4
TDR with commitments to lend additional funds	0
Number new TDR agreements	8	8	0
Number of TDR agreements that subsequently defaulted	0	0	0
Number of TDRs in accrual status	4

Allowance for Loan Losses - Com

Allowance for Loan Losses - Components of Impaired Loans Held-for-Investment (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Commercial Loans [Member]
Financing Receivable Impaired [Line Items]
Recorded Investment	$ 860	$ 910	$ 3,873
Unpaid Principal Balance	1,034	2,787	5,348
Average Recorded Investment	900	933	4,458
Accrued Interest Income Recognized		0	19
Cash Interest Income Recognized		0	97
Commercial Loans [Member] | CRE Owner Occupied [Member]
Financing Receivable Impaired [Line Items]
Recorded Investment, With No Related Allowance	343	683	3,297
Unpaid Principal Balance, With No Related Allowance	514	2,066	4,499
Average Recorded Investment, With No Related Allowance	377	702	3,875
Commercial Loans [Member] | CRE Non-Owner Occupied [Member]
Financing Receivable Impaired [Line Items]
Recorded Investment, With No Related Allowance	517
Unpaid Principal Balance, With No Related Allowance	520
Average Recorded Investment, With No Related Allowance	523
Commercial Loans [Member] | Commercial and Industrial [Member]
Financing Receivable Impaired [Line Items]
Recorded Investment, With No Related Allowance		227	147
Unpaid Principal Balance, With No Related Allowance		721	149
Average Recorded Investment, With No Related Allowance		231	161
Accrued Interest Income Recognized, With No Related Allowance		0	19
Commercial Loans [Member] | Commercial and Industrial, Held-For-Sale [Member]
Financing Receivable Impaired [Line Items]
Recorded Investment, With No Related Allowance			28
Unpaid Principal Balance, With No Related Allowance			50
Average Recorded Investment, With No Related Allowance			52
Commercial Loans [Member] | CRE Owner Occupied, Held-For-Sale [Member]
Financing Receivable Impaired [Line Items]
Recorded Investment, With No Related Allowance			32
Unpaid Principal Balance, With No Related Allowance			74
Average Recorded Investment, With No Related Allowance			136
Commercial Loans [Member] | Land and Development [Member]
Financing Receivable Impaired [Line Items]
Recorded Investment, With No Related Allowance			140
Unpaid Principal Balance, With No Related Allowance			223
Average Recorded Investment, With No Related Allowance			181
Commercial Loans [Member] | CRE Non Owner Occupied, Held-For-Sale [Member]
Financing Receivable Impaired [Line Items]
Recorded Investment, With No Related Allowance			229
Unpaid Principal Balance, With No Related Allowance			352
Average Recorded Investment, With No Related Allowance			53
Consumer Loans [Member]
Financing Receivable Impaired [Line Items]
Recorded Investment	2,241	2,159	14,118
Unpaid Principal Balance	2,597	2,297	18,884
Average Recorded Investment	2,352	2,191	12,836
Consumer Loans [Member] | Residential Real Estate Loans [Member]
Financing Receivable Impaired [Line Items]
Recorded Investment, With No Related Allowance	2,084	1,970	4,852
Unpaid Principal Balance, With No Related Allowance	2,422	2,100	5,587
Average Recorded Investment, With No Related Allowance	2,193	1,999	4,513
Cash Interest Income Recognized, With No Related Allowance			97
Consumer Loans [Member] | Home Equity Term Loans [Member]
Financing Receivable Impaired [Line Items]
Recorded Investment, With No Related Allowance	72	88	1,347
Unpaid Principal Balance, With No Related Allowance	86	96	1,863
Average Recorded Investment, With No Related Allowance	74	91	1,385
Consumer Loans [Member] | Other [Member]
Financing Receivable Impaired [Line Items]
Recorded Investment, With No Related Allowance	85	101	150
Unpaid Principal Balance, With No Related Allowance	89	101	348
Average Recorded Investment, With No Related Allowance	$ 85	$ 101	138
Consumer Loans [Member] | Home Equity Lines of Credit [Member]
Financing Receivable Impaired [Line Items]
Recorded Investment, With No Related Allowance			405
Unpaid Principal Balance, With No Related Allowance			456
Average Recorded Investment, With No Related Allowance			420
Consumer Loans [Member] | Residential Real Estate Held-For-Sale [Member]
Financing Receivable Impaired [Line Items]
Recorded Investment, With No Related Allowance			3,478
Unpaid Principal Balance, With No Related Allowance			4,984
Average Recorded Investment, With No Related Allowance			1,365
Consumer Loans [Member] | Home Equity Lines of Credit, Held-For-Sale [Member]
Financing Receivable Impaired [Line Items]
Recorded Investment, With No Related Allowance			619
Unpaid Principal Balance, With No Related Allowance			903
Average Recorded Investment, With No Related Allowance			1,282
Consumer Loans [Member] | Home Equity Term Loans, Held-For-Sale [Member]
Financing Receivable Impaired [Line Items]
Recorded Investment, With No Related Allowance			3,266
Unpaid Principal Balance, With No Related Allowance			4,743
Average Recorded Investment, With No Related Allowance			$ 3,735

Allowance for Loan Losses - Ana

Allowance for Loan Losses - Analysis of Company's TDR Agreements (Detail) $ in Thousands	12 Months Ended
	Dec. 31, 2016USD ($)Contract	Dec. 31, 2015USD ($)Contract	Dec. 31, 2014Contract
Financing Receivable Modifications [Line Items]
Number of Contracts | Contract	8	8	0
Commercial and Industrial [Member]
Financing Receivable Modifications [Line Items]
Number of Contracts | Contract	2	1
Pre-Modification Outstanding Recorded Investment	$ 2,468	$ 11
Post-Modification Outstanding Recorded Investment	$ 2,468	$ 11
CRE Owner Occupied [Member]
Financing Receivable Modifications [Line Items]
Number of Contracts | Contract	1	2
Pre-Modification Outstanding Recorded Investment	$ 22	$ 205
Post-Modification Outstanding Recorded Investment	$ 22	$ 205
Residential Real Estate Loans [Member]
Financing Receivable Modifications [Line Items]
Number of Contracts | Contract	5	5
Pre-Modification Outstanding Recorded Investment	$ 906	$ 739
Post-Modification Outstanding Recorded Investment	$ 913	$ 670

Allowance for Loan Losses - Inf

Allowance for Loan Losses - Information Regarding Types of Concessions Granted on Loans (Detail) - Contract	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Financing Receivable Modifications [Line Items]
Number of Contracts	8	8	0
Commercial and Industrial [Member]
Financing Receivable Modifications [Line Items]
Number of Contracts	2	1
Commercial and Industrial [Member] | Rate Reduction and Principal Repayment Terms [Member]
Financing Receivable Modifications [Line Items]
Number of Contracts	2
Commercial and Industrial [Member] | Modified Principal Repayment Terms [Member]
Financing Receivable Modifications [Line Items]
Number of Contracts		1
CRE Owner Occupied [Member]
Financing Receivable Modifications [Line Items]
Number of Contracts	1	2
CRE Owner Occupied [Member] | Principal Repayment Terms [Member]
Financing Receivable Modifications [Line Items]
Number of Contracts	1
CRE Owner Occupied [Member] | Modified Principal Repayment Terms [Member]
Financing Receivable Modifications [Line Items]
Number of Contracts		2
Residential Real Estate Loans [Member]
Financing Receivable Modifications [Line Items]
Number of Contracts	5	5
Residential Real Estate Loans [Member] | Rate Reduction and Principal Repayment Terms [Member]
Financing Receivable Modifications [Line Items]
Number of Contracts	2
Residential Real Estate Loans [Member] | Principal Repayment Terms [Member]
Financing Receivable Modifications [Line Items]
Number of Contracts	2
Residential Real Estate Loans [Member] | Forgiveness of Debt [Member]
Financing Receivable Modifications [Line Items]
Number of Contracts	1
Residential Real Estate Loans [Member] | Rate Reduction Modified Principal Repayment Terms and Debt Forgiveness [Member]
Financing Receivable Modifications [Line Items]
Number of Contracts		5

Allowance for Loan Losses - C69

Allowance for Loan Losses - Company's Distribution of Risk Ratings within Held-for-Investment Loan Portfolio (Detail) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Financing Receivable Allowance For Credit Losses [Line Items]
Total gross loans held-for-investment	$ 1,609,918	$ 1,548,509	$ 1,510,144
Commercial and Industrial [Member]
Financing Receivable Allowance For Credit Losses [Line Items]
Total gross loans held-for-investment	235,946	230,681	242,494
CRE Owner Occupied [Member]
Financing Receivable Allowance For Credit Losses [Line Items]
Total gross loans held-for-investment	231,348	228,191	278,651
CRE Non-Owner Occupied [Member]
Financing Receivable Allowance For Credit Losses [Line Items]
Total gross loans held-for-investment	742,662	625,700	461,631
Land and Development [Member]
Financing Receivable Allowance For Credit Losses [Line Items]
Total gross loans held-for-investment	67,165	68,070	70,156
Home Equity Lines of Credit [Member]
Financing Receivable Allowance For Credit Losses [Line Items]
Total gross loans held-for-investment	110,377	130,401	156,926
Home Equity Term Loans [Member]
Financing Receivable Allowance For Credit Losses [Line Items]
Total gross loans held-for-investment	9,104	12,383	17,239
Residential Real Estate Loans [Member]
Financing Receivable Allowance For Credit Losses [Line Items]
Total gross loans held-for-investment	210,874	249,975	276,993
Other [Member]
Financing Receivable Allowance For Credit Losses [Line Items]
Total gross loans held-for-investment	2,442	3,108	6,054
Pass [Member]
Financing Receivable Allowance For Credit Losses [Line Items]
Total gross loans held-for-investment	1,603,079	1,537,389	1,474,791
Pass [Member] | Commercial and Industrial [Member]
Financing Receivable Allowance For Credit Losses [Line Items]
Total gross loans held-for-investment	233,907	227,220	235,985
Pass [Member] | CRE Owner Occupied [Member]
Financing Receivable Allowance For Credit Losses [Line Items]
Total gross loans held-for-investment	229,635	223,695	267,018
Pass [Member] | CRE Non-Owner Occupied [Member]
Financing Receivable Allowance For Credit Losses [Line Items]
Total gross loans held-for-investment	742,146	625,700	451,921
Pass [Member] | Land and Development [Member]
Financing Receivable Allowance For Credit Losses [Line Items]
Total gross loans held-for-investment	67,165	68,070	70,018
Pass [Member] | Home Equity Lines of Credit [Member]
Financing Receivable Allowance For Credit Losses [Line Items]
Total gross loans held-for-investment	110,377	130,401	155,084
Pass [Member] | Home Equity Term Loans [Member]
Financing Receivable Allowance For Credit Losses [Line Items]
Total gross loans held-for-investment	9,032	12,294	16,819
Pass [Member] | Residential Real Estate Loans [Member]
Financing Receivable Allowance For Credit Losses [Line Items]
Total gross loans held-for-investment	208,460	247,002	272,044
Pass [Member] | Other [Member]
Financing Receivable Allowance For Credit Losses [Line Items]
Total gross loans held-for-investment	2,357	3,007	5,902
Special Mention [Member]
Financing Receivable Allowance For Credit Losses [Line Items]
Total gross loans held-for-investment		5,199	12,973
Special Mention [Member] | Commercial and Industrial [Member]
Financing Receivable Allowance For Credit Losses [Line Items]
Total gross loans held-for-investment		2,926	6,304
Special Mention [Member] | CRE Owner Occupied [Member]
Financing Receivable Allowance For Credit Losses [Line Items]
Total gross loans held-for-investment		2,273	6,669
Substandard [Member]
Financing Receivable Allowance For Credit Losses [Line Items]
Total gross loans held-for-investment	6,839	5,921	22,380
Substandard [Member] | Commercial and Industrial [Member]
Financing Receivable Allowance For Credit Losses [Line Items]
Total gross loans held-for-investment	2,039	535	205
Substandard [Member] | CRE Owner Occupied [Member]
Financing Receivable Allowance For Credit Losses [Line Items]
Total gross loans held-for-investment	1,713	2,223	4,964
Substandard [Member] | CRE Non-Owner Occupied [Member]
Financing Receivable Allowance For Credit Losses [Line Items]
Total gross loans held-for-investment	516		9,710
Substandard [Member] | Land and Development [Member]
Financing Receivable Allowance For Credit Losses [Line Items]
Total gross loans held-for-investment			138
Substandard [Member] | Home Equity Lines of Credit [Member]
Financing Receivable Allowance For Credit Losses [Line Items]
Total gross loans held-for-investment			1,842
Substandard [Member] | Home Equity Term Loans [Member]
Financing Receivable Allowance For Credit Losses [Line Items]
Total gross loans held-for-investment	72	89	420
Substandard [Member] | Residential Real Estate Loans [Member]
Financing Receivable Allowance For Credit Losses [Line Items]
Total gross loans held-for-investment	2,414	2,973	4,949
Substandard [Member] | Other [Member]
Financing Receivable Allowance For Credit Losses [Line Items]
Total gross loans held-for-investment	$ 85	$ 101	$ 152

Allowance for Loan Losses - C70

Allowance for Loan Losses - Company's Analysis of Past Due Held-for-Investment Loans (Detail) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	$ 7,039	$ 7,961	$ 23,643
Current	1,602,879	1,540,548	1,486,501
Total Financing Receivables	1,609,918	1,548,509	1,510,144
Commercial and Industrial [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Financing Receivables	235,946	230,681	242,494
CRE Owner Occupied [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Financing Receivables	231,348	228,191	278,651
CRE Non-Owner Occupied [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Financing Receivables	742,662	625,700	461,631
Land and Development [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Financing Receivables	67,165	68,070	70,156
Home Equity Lines of Credit [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Financing Receivables	110,377	130,401	156,926
Home Equity Term Loans [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Financing Receivables	9,104	12,383	17,239
Residential Real Estate Loans [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Financing Receivables	210,874	249,975	276,993
Other [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Financing Receivables	2,442	3,108	6,054
30-59 Days Past Due [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	4,898	4,406	15,166
60-89 Days Past Due [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	858	1,693	2,069
90 Days Past Due [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	1,283	1,862	6,411
Commercial Loans [Member] | Commercial and Industrial [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due		230	4,468
Current	235,946	230,451	238,026
Total Financing Receivables	235,946	230,681	242,494
Commercial Loans [Member] | CRE Owner Occupied [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	269	1,393	3,029
Current	231,079	226,798	275,622
Total Financing Receivables	231,348	228,191	278,651
Commercial Loans [Member] | CRE Non-Owner Occupied [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	516		2,952
Current	742,146	625,700	458,679
Total Financing Receivables	742,662	625,700	461,631
Commercial Loans [Member] | Land and Development [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due			140
Current	67,165	68,070	70,016
Total Financing Receivables	67,165	68,070	70,156
Commercial Loans [Member] | 30-59 Days Past Due [Member] | Commercial and Industrial [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due		1	4,212
Commercial Loans [Member] | 30-59 Days Past Due [Member] | CRE Owner Occupied [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due		736	1,685
Commercial Loans [Member] | 30-59 Days Past Due [Member] | CRE Non-Owner Occupied [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	331		2,786
Commercial Loans [Member] | 60-89 Days Past Due [Member] | Commercial and Industrial [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due		1	105
Commercial Loans [Member] | 60-89 Days Past Due [Member] | CRE Owner Occupied [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due		35	23
Commercial Loans [Member] | 60-89 Days Past Due [Member] | CRE Non-Owner Occupied [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due			166
Commercial Loans [Member] | 90 Days Past Due [Member] | Commercial and Industrial [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due		228	151
Commercial Loans [Member] | 90 Days Past Due [Member] | CRE Owner Occupied [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	269	622	1,321
Commercial Loans [Member] | 90 Days Past Due [Member] | CRE Non-Owner Occupied [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	185
Commercial Loans [Member] | 90 Days Past Due [Member] | Land and Development [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due			140
Consumer Loans [Member] | Home Equity Lines of Credit [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	367	167	3,700
Current	110,010	130,234	153,226
Total Financing Receivables	110,377	130,401	156,926
Consumer Loans [Member] | Home Equity Term Loans [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	121	14	589
Current	8,983	12,369	16,650
Total Financing Receivables	9,104	12,383	17,239
Consumer Loans [Member] | Residential Real Estate Loans [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	5,615	6,038	8,572
Current	205,259	243,937	268,421
Total Financing Receivables	210,874	249,975	276,993
Consumer Loans [Member] | Other [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	151	119	193
Current	2,291	2,989	5,861
Total Financing Receivables	2,442	3,108	6,054
Consumer Loans [Member] | 30-59 Days Past Due [Member] | Home Equity Lines of Credit [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	367	136	2,001
Consumer Loans [Member] | 30-59 Days Past Due [Member] | Home Equity Term Loans [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	121	14	254
Consumer Loans [Member] | 30-59 Days Past Due [Member] | Residential Real Estate Loans [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	4,020	3,504	4,183
Consumer Loans [Member] | 30-59 Days Past Due [Member] | Other [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	59	15	45
Consumer Loans [Member] | 60-89 Days Past Due [Member] | Home Equity Lines of Credit [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due		31	903
Consumer Loans [Member] | 60-89 Days Past Due [Member] | Home Equity Term Loans [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due			188
Consumer Loans [Member] | 60-89 Days Past Due [Member] | Residential Real Estate Loans [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	851	1,623	670
Consumer Loans [Member] | 60-89 Days Past Due [Member] | Other [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	7	3	12
Consumer Loans [Member] | 90 Days Past Due [Member] | Home Equity Lines of Credit [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due			796
Consumer Loans [Member] | 90 Days Past Due [Member] | Home Equity Term Loans [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due			147
Consumer Loans [Member] | 90 Days Past Due [Member] | Residential Real Estate Loans [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	744	911	3,719
Consumer Loans [Member] | 90 Days Past Due [Member] | Other [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Total Past Due	$ 85	$ 101	$ 136

Restricted Equity Investments -

Restricted Equity Investments - Restricted Equity Investments (Detail) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Fair Value Option Qualitative Disclosures Related To Election [Line Items]
Restricted equity investments, at cost	$ 15,791	$ 15,733
FRB Stock [Member]
Fair Value Option Qualitative Disclosures Related To Election [Line Items]
Restricted equity investments, at cost	9,568	9,420
FHLBNY Stock [Member]
Fair Value Option Qualitative Disclosures Related To Election [Line Items]
Restricted equity investments, at cost	6,075	6,165
Atlantic Central Bankers Bank Stock [Member]
Fair Value Option Qualitative Disclosures Related To Election [Line Items]
Restricted equity investments, at cost	$ 148	$ 148

Bank Properties and Equipment -

Bank Properties and Equipment - Summary of Bank Properties and Equipment (Detail) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Property, Plant and Equipment [Line Items]
Total bank properties and equipment	$ 74,896	$ 74,401
Accumulated depreciation	(44,748)	(42,805)
Bank properties and equipment, net	30,148	31,596
Land [Member]
Property, Plant and Equipment [Line Items]
Total bank properties and equipment	6,998	7,011
Buildings [Member]
Property, Plant and Equipment [Line Items]
Total bank properties and equipment	23,141	22,715
Capital Lease [Member]
Property, Plant and Equipment [Line Items]
Total bank properties and equipment	8,630	8,630
Leasehold Improvements and Equipment [Member]
Property, Plant and Equipment [Line Items]
Total bank properties and equipment	$ 36,127	$ 36,044

Bank Properties and Equipment73

Bank Properties and Equipment - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Property Plant And Equipment [Abstract]
Depreciation expense	$ 3.6	$ 5.6	$ 5.7

Real Estate Owned - Schedule of

Real Estate Owned - Schedule of Real Estate Owned (Detail) $ in Thousands	Dec. 31, 2015USD ($)
Real Estate Properties [Line Items]
Real estate owned	$ 281
Bank Properties [Member]
Real Estate Properties [Line Items]
Real estate owned	$ 281

Real Estate Owned - Summary of

Real Estate Owned - Summary of Real Estate Owned Activity (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Real Estate Properties [Line Items]
Balance, beginning of year	$ 281
Sale of real estate owned	(266)
Loss on sale of real estate owned	(15)	$ 43
Balance, end of year	0	281
Commercial Properties [Member]
Real Estate Properties [Line Items]
Sale of real estate owned		(90)
Residential Properties [Member]
Real Estate Properties [Line Items]
Sale of real estate owned		(54)
Bank Properties [Member]
Real Estate Properties [Line Items]
Balance, beginning of year	281
Sale of real estate owned	(266)	(950)
Loss on sale of real estate owned	$ (15)
Balance, end of year		$ 281

Real Estate Owned - Additional

Real Estate Owned - Additional Information (Detail)	12 Months Ended
	Dec. 31, 2016USD ($)Property	Dec. 31, 2015USD ($)Property	Dec. 31, 2014USD ($)
Real Estate Properties [Line Items]
Real estate owned decreased	$ (281,000)
Real estate owned at carrying value	0	$ 281,000
Net loss on sales of real estate	(15,000)	43,000
Loans transferred into other real estate owned		$ 0
Real estate owned portfolio includes properties | Property		1
Loans into real estate owned	266,000	$ 1,050,000	$ 1,554,000
Write-down of real estate owned		$ 56,000
Sale of real estate owned	$ 266,000
Number of units in real estate property maintained | Property		1
Bank Properties [Member]
Real Estate Properties [Line Items]
Real estate owned at carrying value		$ 281,000
Number of real estate property sold | Property	1	4
Net loss on sales of real estate	$ (15,000)
Real estate owned portfolio includes properties | Property		4
Loans into real estate owned		$ 909,000
Sale of real estate owned	266,000	$ 950,000
Bank Properties [Member] | Other Expense [Member]
Real Estate Properties [Line Items]
Net loss on sales of real estate	$ 15,000
Commercial Properties [Member]
Real Estate Properties [Line Items]
Number of real estate property sold | Property		1
Sale of real estate owned		$ 90,000
Residential Properties [Member]
Real Estate Properties [Line Items]
Number of real estate property sold | Property		1
Sale of real estate owned		$ 54,000

Goodwill and Intangible Assets

Goodwill and Intangible Assets - Additional Information (Detail)	12 Months Ended
	Dec. 31, 2016USD ($)Segment	Dec. 31, 2015USD ($)	Dec. 31, 2014USD ($)
Goodwill And Intangible Assets Disclosure [Abstract]
Number of reportable operating segment | Segment	1
Goodwill impairment charge	$ 0	$ 0	$ 0
Total accumulated goodwill impairment	$ 89,700,000
Amortization of intangible assets			$ 805,000

Deposits - Major Classification

Deposits - Major Classifications of Deposits (Detail) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Banking And Thrift [Abstract]
Interest-bearing demand deposits	$ 697,701	$ 724,881
Non-interest-bearing demand deposits	397,311	461,467
Savings deposits	241,754	221,620
Time deposits $250,000 or less	338,615	282,584
Time deposits over $250,000	28,789	12,217
Brokered time deposits	37,193	43,333
Total deposits	$ 1,741,363	$ 1,746,102

Deposits - Time Deposits by Yea

Deposits - Time Deposits by Year of Maturity (Detail) $ in Thousands	Dec. 31, 2016USD ($)
Banking And Thrift [Abstract]
2,017	$ 279,634
2,018	64,762
2,019	48,254
2,020	7,680
2,021	964
Thereafter	3,303
Total	$ 404,597

Deposits - Interest Expense on

Deposits - Interest Expense on Deposits (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Banking And Thrift [Abstract]
Savings deposits	$ 767	$ 467	$ 671
Time deposits	3,684	3,454	4,818
Interest-bearing demand deposits	1,507	1,416	2,869
Total	$ 5,958	$ 5,337	$ 8,358

Advances from the Federal Hom81

Advances from the Federal Home Loan Bank of New York - Additional Information (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Interest expense on advances from the FHLB NY	$ 2,173	$ 2,073	$ 1,753
FHLB New York [Member]
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Fixed-rate advances from the FHLB NY	$ 85,400	$ 85,600
Mature of fixed-rate advances from the FHLB NY	2,022	2,022
Interest expense on advances from the FHLB NY	$ 1,700	$ 1,600	$ 1,300
FHLB New York [Member] | Minimum [Member]
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Interest rates on fixed-rate advances from the FHLB NY	1.60%	1.60%
FHLB New York [Member] | Maximum [Member]
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Interest rates on fixed-rate advances from the FHLB NY	5.87%	5.87%
FHLB New York [Member] | Weighted Average [Member]
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Interest rates on fixed-rate advances from the FHLB NY	2.02%	2.03%

Advances from the Federal Hom82

Advances from the Federal Home Loan Bank of New York - Contractual Maturities of Advances from the FHLB NY (Detail) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Banking And Thrift [Abstract]
2,018	$ 416
2,019	25,000
2,020	15,000
Thereafter	45,000
Total	$ 85,416	$ 85,607

Junior Subordinated Debenture83

Junior Subordinated Debentures Held by Trusts that Issued Capital Debt - Additional Information (Detail) - USD ($)	Dec. 31, 2016	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2009
Debt Instrument [Line Items]
Junior subordinated debentures issued	$ 92,800,000	$ 92,800,000	$ 92,800,000
Common capital securities	$ 2,800,000	$ 2,800,000	$ 2,800,000
Tier 1 capital limitation, interest	25.00%	25.00%
Limited capital securities and other restricted core capital elements, net of goodwill	25.00%	25.00%
Capital securities qualified as Tier 1 capital	$ 62,000,000	$ 62,000,000
Tier 2 capital elements	25.00%	25.00%
Junior subordinated debentures interest rate description		The three-month LIBOR rate at December 31, 2016 was 1.00%.
Junior subordinated debentures interest rate	1.00%
Cash balance available to pay junior subordinated debenture interest obligations	$ 27,000,000	$ 27,000,000
Maximum [Member]
Debt Instrument [Line Items]
Capital securities qualified as Tier 1 capital				$ 15,000,000,000

Junior Subordinated Debenture84

Junior Subordinated Debentures Held by Trusts that Issued Capital Debt - Summary of Capital Securities and Junior Subordinated Debentures (Detail) $ in Thousands	12 Months Ended
	Dec. 31, 2016USD ($)
Capital Securities [Member]
Debt Instrument [Line Items]
Stated Value	$ 90,000
Junior Subordinated Debentures [Member]
Debt Instrument [Line Items]
Principal Amount	$ 92,786
Sun Capital Trust V [Member] | Capital Securities [Member]
Debt Instrument [Line Items]
Issuance Date	Dec. 18, 2003
Stated Value	$ 15,000
Distribution Rate	3-mo LIBOR plus 2.80%
Sun Capital Trust V [Member] | Junior Subordinated Debentures [Member]
Debt Instrument [Line Items]
Principal Amount	$ 15,464
Maturity	Dec. 30, 2033
Redeemable Beginning	Dec. 30, 2008
Sun Capital Trust VI [Member] | Capital Securities [Member]
Debt Instrument [Line Items]
Issuance Date	Dec. 19, 2003
Stated Value	$ 25,000
Distribution Rate	3-mo LIBOR plus 2.80%
Sun Capital Trust VI [Member] | Junior Subordinated Debentures [Member]
Debt Instrument [Line Items]
Principal Amount	$ 25,774
Maturity	Jan. 23, 2034
Redeemable Beginning	Jan. 23, 2009
Sun Statutory Trust VII [Member] | Capital Securities [Member]
Debt Instrument [Line Items]
Issuance Date	Jan. 17, 2006
Stated Value	$ 30,000
Distribution Rate	3-mo LIBOR plus 1.35%
Sun Statutory Trust VII [Member] | Junior Subordinated Debentures [Member]
Debt Instrument [Line Items]
Principal Amount	$ 30,928
Maturity	Mar. 15, 2036
Redeemable Beginning	Mar. 15, 2011
Sun Capital Trust VII [Member] | Capital Securities [Member]
Debt Instrument [Line Items]
Issuance Date	Apr. 19, 2007
Stated Value	$ 10,000
Distribution Rate	3-mo LIBOR plus 1.53%
Sun Capital Trust VII [Member] | Junior Subordinated Debentures [Member]
Debt Instrument [Line Items]
Principal Amount	$ 10,310
Maturity	Jun. 30, 2037
Redeemable Beginning	Jun. 30, 2012
Sun Capital Trust VIII [Member] | Capital Securities [Member]
Debt Instrument [Line Items]
Issuance Date	Jul. 5, 2007
Stated Value	$ 10,000
Distribution Rate	3-mo LIBOR plus 1.39%
Sun Capital Trust VIII [Member] | Junior Subordinated Debentures [Member]
Debt Instrument [Line Items]
Principal Amount	$ 10,310
Maturity	Oct. 1, 2037
Redeemable Beginning	Oct. 1, 2012

Stock-Based Incentive Plans - A

Stock-Based Incentive Plans - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Thousands	1 Months Ended	12 Months Ended
	Mar. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Jun. 30, 2014	Dec. 31, 2013
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based incentive plans, options expiry term		10 years
Number of Options, Granted		123,739	222,059	144,296
Number of shares issued		122,262	60,569	218,824
Stock options outstanding		571,883	509,329	318,901		299,107
Weighted average fair value of options, granted		$ 5.90	$ 6.16	$ 8.70
Aggregate intrinsic value for options outstanding		$ 3,100	$ 615	$ 118
Options exercised		3,879	811	802
Proceeds from exercise of stock options		$ 71	$ 15	$ 16
Aggregate intrinsic value of options exercisable		22	107	46
Total unrecognized compensation cost related to options		$ 1,200
Cost of the options recognized over a weighted average period		3 years 2 months 12 days
Granted value		$ 2,600	1,200	$ 3,100
Total unrecognized compensation cost related to nonvested stock awards			$ 3,500
Cost of stock awards recognized over a weighted average period		2 years 4 months 24 days
Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock awards granted		122,262	60,569	218,824
Stock Awards outstanding		254,976	279,964	248,654		86,366
Total compensation expense recognized on stock awards		$ 1,900	$ 1,200	$ 359
2015 Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares authorized	1,400,000
Stock-based incentive plans, options expiry term	10 years
Number of Options, Granted		123,739
Stock awards granted		182,831
2014 Performance Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares authorized					1,000,000
Number of shares issued				0
Performance plan termination period				2015-05
2014 Performance Plan [Member] | Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Exercise price of shares				100.00%
Stock-Based Incentive Plan 2010 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares authorized		980,000
Stock-based incentive plans, options expiry term		10 years
Number of stock awards allowed		0
Stock options outstanding		346,225
Stock plan termination period		2015-05
Stock-Based Incentive Plan 2010 [Member] | Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock Awards outstanding		94,537
Stock-Based Incentive Plan 2010 [Member] | Maximum [Member] | Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of stock awards allowed		280,000
Stock-Based Incentive Plan 2004 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares authorized		500,085
Number of shares issued		0	0
Stock options outstanding		104,750
Stock plan termination period		2015-05
Stock-based incentive plans, options expiry term		10 years
Stock-Based Incentive Plan 2004 [Member] | Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock Awards outstanding		0
Stock-Based Incentive Plan 2004 [Member] | Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares issued		0	0

Stock-Based Incentive Plans - S

Stock-Based Incentive Plans - Summary of Stock Options Granted and Outstanding (Detail) - shares	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options granted and outstanding	571,883	509,329	318,901	299,107
Price Range One [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options granted and outstanding	571,883
Price Range Two [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options granted and outstanding		509,329
Price Range Three [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options granted and outstanding			318,901
Incentive [Member] | Price Range One [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options granted and outstanding	169,838
Incentive [Member] | Price Range Two [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options granted and outstanding		188,525
Incentive [Member] | Price Range Three [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options granted and outstanding			111,605
Nonqualified [Member] | Price Range One [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options granted and outstanding	402,045
Nonqualified [Member] | Price Range Two [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options granted and outstanding		320,804
Nonqualified [Member] | Price Range Three [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options granted and outstanding			207,296

Stock-Based Incentive Plans -87

Stock-Based Incentive Plans - Summary of Stock Options Granted and Outstanding (Parenthetical) (Detail) - $ / shares	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Price Range	$ 22.37	$ 23.82	$ 28.34	$ 36.75
Minimum [Member] | Price Range One [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Price Range	14.25
Minimum [Member] | Price Range Two [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Price Range		14.25
Minimum [Member] | Price Range Three [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Price Range			14.25
Maximum [Member] | Price Range One [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Price Range	$ 80.50
Maximum [Member] | Price Range Two [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Price Range		$ 87.45
Maximum [Member] | Price Range Three [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Price Range			$ 87.45

Stock-Based Incentive Plans -88

Stock-Based Incentive Plans - Summary of Stock Option Activity (Detail) - $ / shares	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Number of Options, Outstanding ,Beginning Balance	509,329	318,901	299,107
Number of Options, Granted	123,739	222,059	144,296
Number of Options, Exercised	(3,879)	(811)	(802)
Number of Options, Forfeited	(54,349)	(20,454)	(24,324)
Number of Options, Expired	(2,957)	(10,366)	(98,579)
Number of Options Outstanding, Ending Balance	571,883	509,329	318,901
Number of Options exercisable, end of year	234,564	164,384	161,984
Number of Options, Options vested or expected to vest	413,641	480,995	287,202
Weighted Average Exercise Price, Outstanding, Beginning Balance	$ 23.82	$ 28.34	$ 36.75
Weighted Average Exercise Price, Granted	21.08	18.92	19.33
Weighted Average Exercise Price, Exercised	18.38	15.20	14.98
Weighted Average Exercise Price, Forfeited	30.42	17.47	17.12
Weighted Average Exercise Price, Expired	76.65	64.17	43.63
Weighted Average Exercise Price, Outstanding, Ending Balance	22.37	23.82	28.34
Weighted Average Exercise Price, Options exercisable, end of year	26.56	33.93	37.14
Weighted Average Exercise Price, Stock Options vested or expected to vest	$ 19.65	$ 24.28	$ 29.34

Stock-Based Incentive Plans -89

Stock-Based Incentive Plans - Summary of Nonvested Option Activity (Detail) - $ / shares	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Number of Shares, Nonvested Options outstanding, Beginning Balance	344,945	156,917	49,254
Number of Shares, Granted	123,739	222,059	144,296
Number of Shares, Vested	(111,635)	(13,577)	(12,309)
Number of Shares, Forfeited	(19,730)	(20,454)	(24,324)
Number of Shares, Nonvested Options outstanding, Ending Balance	337,319	344,945	156,917
Weighted Average Grant Date Fair Value, Nonvested Options outstanding, Beginning Balance	$ 7.24	$ 11.68	$ 17.75
Weighted Average Grant Date Fair Value, Granted	5.90	6.16	8.70
Weighted Average Grant Date Fair Value, vested	9.20	7.96	8.44
Weighted Average Grant Date Fair Value, Forfeited	6.38	7.30	7.91
Weighted Average Grant Date Fair Value, Nonvested Options outstanding, Ending Balance	$ 6.16	$ 7.24	$ 11.68

Stock-Based Incentive Plans -90

Stock-Based Incentive Plans - Summary of Nonvested Stock Award Activity (Detail) - Restricted Stock [Member] - $ / shares	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of Shares, Nonvested Stock Awards outstanding, Beginning Balance	279,964	248,654	86,366
Number of Shares, Issued	122,262	60,569	218,824
Number of Shares, Vested	(135,236)	(24,959)	(21,930)
Number of Shares, Forfeited	(12,014)	(4,300)	(34,606)
Number of Shares, Nonvested Stock Awards outstanding, Ending Balance	254,976	279,964	248,654
Weighted Average Grant Date Fair Value, Nonvested Stock Awards outstanding, Beginning Balance	$ 14.98	$ 14.22	$ 15.65
Weighted Average Grant Date Fair Value, Issued	20.18	19.22	14.14
Weighted Average Grant Date Fair Value, Vested	19.96	17.53	17.05
Weighted Average Grant Date Fair Value, Forfeited	20.08	15.90	15.41
Weighted Average Grant Date Fair Value, Nonvested Stock Awards outstanding, Ending Balance	$ 20.18	$ 14.98	$ 14.22

Benefits - Additional Informati

Benefits - Additional Information (Detail) - USD ($) $ in Thousands	Jan. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
401(k) Retirement Plan [Member]
Deferred Compensation Arrangement With Individual Share Based Payments [Line Items]
Eligible employee service completion days		90 days
Eligible employee eligibility age		21 years
Maximum employees contribution		75.00%
401(k) Retirement Plan [Member] | Subsequent Event [Member]
Deferred Compensation Arrangement With Individual Share Based Payments [Line Items]
Company's contribution	$ 679
401(k) Retirement Plan [Member] | First Three Percent Of Employee's Salary [Member]
Deferred Compensation Arrangement With Individual Share Based Payments [Line Items]
Percentage of employer matching contribution		100.00%
Base contribution percentage		3.00%
401(k) Retirement Plan [Member] | Next Two Percent of Employee's Salary [Member]
Deferred Compensation Arrangement With Individual Share Based Payments [Line Items]
Percentage of employer matching contribution		50.00%
Base contribution percentage		2.00%
Directors Plan [Member] | Director [Member]
Deferred Compensation Arrangement With Individual Share Based Payments [Line Items]
Liability under the plan		$ 1,200	$ 1,100

Commitments and Contingent Li92

Commitments and Contingent Liabilities - Additional Information (Detail)	12 Months Ended
	Dec. 31, 2016USD ($)Facility	Dec. 31, 2015USD ($)Facility	Dec. 31, 2014USD ($)	Jan. 31, 2015USD ($)
Commitments And Contingent Liabilities [Line Items]
Customers' letters of credit	$ 10,100,000	$ 13,300,000
Reserve for unfunded loan commitments and letters of credit	611,000	628,000
Payments for repurchase of loans sold with recourse	0
Rental expense for operating lease	$ 2,900,000	$ 4,200,000	$ 7,600,000
Number of leased facilities to be vacated | Facility	3	7
Leased office vacancy costs		$ 619,000	$ 2,700,000
Lease vacancy costs liability	$ 2,000,000
Leases Expiration date			2017-10
One-time payment to landlord				$ 583,000
Other Liabilities [Member]
Commitments And Contingent Liabilities [Line Items]
Recourse reserves for loans	$ 1,600,000	$ 1,400,000

Commitments and Contingent Li93

Commitments and Contingent Liabilities - Schedule of Future Minimum Lease Payments under Capital Leases (Detail) $ in Thousands	Dec. 31, 2016USD ($)
Commitments And Contingencies Disclosure [Abstract]
2,017	$ 839
2,018	839
2,019	839
2,020	863
2,021	910
Thereafter	4,369
Total minimum lease payments	8,659
Less: Amount representing interest	2,367
Present value of minimum lease payment, net	$ 6,292

Commitments and Contingent Li94

Commitments and Contingent Liabilities - Future Minimum Payments under Noncancelable Operating Leases (Detail) $ in Thousands	Dec. 31, 2016USD ($)
Commitments And Contingencies Disclosure [Abstract]
2,017	$ 3,687
2,018	2,204
2,019	1,625
2,020	1,550
2,021	1,457
Thereafter	3,565
Total minimum lease payments	$ 14,088

Derivative Financial Instrume95

Derivative Financial Instruments and Hedging Activities - Additional Information (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Derivatives, Fair Value [Line Items]
Fair value of swaps at inception	$ 0
Income (expense) in fair value adjustments	83	$ 88	$ 1,200
Amount of collateral posted with third party	13,800	19,200
Aggregate fair value of derivative financial instruments in liability position	2,000	6,000
Interest Rate Swaps [Member]
Derivatives, Fair Value [Line Items]
Notional amount	$ 1,500	5,600
Interest payment description	For each of these swap agreements, the floating rate is based on the one-month London Interbank Offered Rate (“LIBOR”) paid on the first day of the month which matches the interest payment date on each subordinated note.
Swap contract termination fees	$ 117	$ 2	$ 1,400
Minimum [Member]
Derivatives, Fair Value [Line Items]
Expiration dates for swap agreements, range	Nov. 1, 2019
Maximum [Member] | Interest Rate Swaps [Member]
Derivatives, Fair Value [Line Items]
Expiration dates for swap agreements, range	Aug. 1, 2022

Derivative Financial Instrume96

Derivative Financial Instruments and Hedging Activities - Summary of Interest Rate Swaps Designated as Fair Value Hedges (Detail) - Interest Rate Swaps [Member] - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Derivatives, Fair Value [Line Items]
Notional	$ 1,500	$ 5,600
Designated as Hedging Instrument [Member] | Other Liabilities [Member]
Derivatives, Fair Value [Line Items]
Notional	1,468	5,572
Fair Value	$ (165)	$ (351)

Derivative Financial Instrume97

Derivative Financial Instruments and Hedging Activities - Summary of Interest Rate Swap Components (Detail)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Derivative Instruments And Hedging Activities Disclosure [Abstract]
Weighted average pay rate	7.22%	7.28%
Weighted average receive rate	1.73%	1.98%
Weighted average maturity in years	2 years 11 months 1 day	1 year 6 months 11 days

Derivative Financial Instrume98

Derivative Financial Instruments and Hedging Activities - Summary of Interest Rate Swaps Not Designated as Hedging Instruments (Detail) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Other Assets [Member]
Derivatives, Fair Value [Line Items]
Notional	$ 45,236	$ 98,976
Fair Value	2,077	5,611
Other Liabilities [Member]
Derivatives, Fair Value [Line Items]
Notional	(45,236)	(98,976)
Fair Value	$ (2,087)	$ (5,649)

Income Taxes - Summary of Incom

Income Taxes - Summary of Income Tax (Benefit) Expense (Detail) - USD ($) $ in Thousands	3 Months Ended												12 Months Ended
	Dec. 31, 2016	[1]	Sep. 30, 2016	[1]	Jun. 30, 2016	[1]	Mar. 31, 2016	[1]	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Income Tax Disclosure [Abstract]
Current													$ 138	$ 73	$ 4
Deferred													(52,533)	1,124	1,313
Income tax (benefit) expense	$ (53,281)		$ 287		$ 299		$ 300		$ 246	$ 383	$ 284	$ 284	$ (52,395)	$ 1,197	$ 1,317
[1]	The December 31, 2016 quarter includes a $53.7 million tax benefit related to the reversal of a portion of the Company’s deferred tax asset valuation allowance.

Income Taxes - Details of Defer

Income Taxes - Details of Deferred Tax Asset, Net (Detail) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Deferred tax asset:
Allowance for loan losses	$ 6,598	$ 7,613
Impairments realized on investment securities	490	490
Fixed assets	2,502	3,002
Net operating loss carry forwards	110,271	111,335
Unrealized loss on investment securities	1,774	1,210
Alternative minimum tax credits	2,145	2,078
Other	6,315	6,270
Total deferred tax asset before valuation allowance	130,095	131,998
Less: valuation allowance	(73,186)	(128,793)
Deferred tax liability:
Goodwill amortization	3,854	2,734
Deferred loan costs	1,193	1,700
Other	289	295
Total deferred tax liability	5,336	4,729
Net deferred tax asset (liability)		$ (1,524)
Net deferred tax asset (liability)	$ 51,573

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($)	3 Months Ended	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Operating Loss Carryforwards [Line Items]
Income tax benefit related to reversal of deferred tax asset valuation allowance	$ 53,700,000
Net operating loss beginning of expiration period		2,017
Net operating loss ending of expiration period		2,035
Cumulative pre-tax Loss position period		3 years
Cumulative pre-tax loss position		$ 8,000,000	$ 26,700,000	$ 88,700,000
Alternative minimum tax credits	2,145,000	2,145,000	2,078,000
Deferred tax assets, expects to realize on operating loss carryforwards	37,700,000	37,700,000
Deferred tax assets, tax credit carryforwards	15,900,000	15,900,000
Deferred tax assets net	51,600,000	51,600,000
Deferred tax assets valuation allowance	73,186,000	73,186,000	128,793,000
Uncertain tax liability	0	0	0
Unrecognized tax benefits	0	0	$ 0
Expiry 2035 [Member]
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards	420,000,000	$ 420,000,000
Net Operating Loss Carryforward Expiration Year		2,035
Federal [Member]
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards	261,700,000	$ 261,700,000
Federal [Member] | Expiry 2030 [Member]
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards	34,500,000	$ 34,500,000
Net Operating Loss Carryforward Expiration Year		2,030
Federal [Member] | Expiry 2031 [Member]
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards	112,500,000	$ 112,500,000
Net Operating Loss Carryforward Expiration Year		2,031
Federal [Member] | Expiry 2032 [Member]
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards	50,000,000	$ 50,000,000
Net Operating Loss Carryforward Expiration Year		2,032
Federal [Member] | Expiry 2033 [Member]
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards	25,700,000	$ 25,700,000
Net Operating Loss Carryforward Expiration Year		2,033
Federal [Member] | Expiry 2034 [Member]
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards	38,600,000	$ 38,600,000
Net Operating Loss Carryforward Expiration Year		2,034
State [Member]
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards	319,100,000	$ 319,100,000
State [Member] | Expiry 2030 [Member]
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards	74,700,000	74,700,000
State [Member] | Expiry 2031 [Member]
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards	109,800,000	109,800,000
State [Member] | Expiry 2032 [Member]
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards	45,200,000	45,200,000
State [Member] | Expiry 2033 [Member]
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards	22,300,000	22,300,000
State [Member] | Expiry 2034 [Member]
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards	35,300,000	35,300,000
State [Member] | Expiry 2029 [Member]
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards	$ 31,800,000	$ 31,800,000

Income Taxes - Reconciliation o

Income Taxes - Reconciliation of Federal Statutory Income Tax (Detail) - USD ($) $ in Thousands	3 Months Ended												12 Months Ended
	Dec. 31, 2016	[1]	Sep. 30, 2016	[1]	Jun. 30, 2016	[1]	Mar. 31, 2016	[1]	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Income Tax Disclosure [Abstract]
Income (loss) before income taxes													$ 9,022	$ 11,417	$ (28,491)
Tax computed at statutory rate													3,067	3,996	(9,972)
Increase (decrease) in charge resulting from:
State taxes, net of federal benefit													72	804	(1,606)
Tax exempt interest, net													(10)	(309)	(469)
BOLI													(657)	(715)	(664)
Valuation allowance													(55,003)	(3,853)	13,297
Other, net													136	1,274	731
Income tax (benefit) expense	$ (53,281)		$ 287		$ 299		$ 300		$ 246	$ 383	$ 284	$ 284	$ (52,395)	$ 1,197	$ 1,317
Tax computed at statutory rate													34.00%	35.00%	35.00%
State taxes, net of federal benefit, rate													0.80%	7.00%	5.60%
Tax exempt interest, net, rate													(0.10%)	(2.70%)	1.70%
BOLI, rate													(7.30%)	(6.30%)	2.30%
Valuation allowance, rate													(609.60%)	(33.70%)	(46.70%)
Other, net, rate													1.50%	11.20%	(2.50%)
Total income tax (benefit) expense													(580.70%)	10.50%	(4.60%)
[1]	The December 31, 2016 quarter includes a $53.7 million tax benefit related to the reversal of a portion of the Company’s deferred tax asset valuation allowance.

Earnings (Loss) Per Common S103

Earnings (Loss) Per Common Share - Summary of Earnings (Loss) Per Common Share Computation (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Earnings Per Share [Abstract]
Net income (loss) available to common shareholders	$ 55,998	$ 1,630	$ 2,963	$ 826	$ 1,452	$ 3,164	$ 2,828	$ 2,776	$ 61,417	$ 10,220	$ (29,808)
Average common shares outstanding									18,843,077	18,648,339	17,830,018
Net effect of dilutive shares									90,253	61,820
Dilutive common shares outstanding									18,933,330	18,710,159	17,830,018
Earnings (loss) per share - basic	$ 2.96	$ 0.09	$ 0.16	$ 0.04	$ 0.08	$ 0.17	$ 0.15	$ 0.15	$ 3.26	$ 0.55	$ (1.67)
Earnings (loss) per share - diluted	$ 2.94	$ 0.09	$ 0.16	$ 0.04	$ 0.08	$ 0.17	$ 0.15	$ 0.15	$ 3.24	$ 0.55	$ (1.67)

Regulatory Matters - Additional

Regulatory Matters - Additional Information (Detail) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Jan. 21, 2016	Jan. 01, 2016	Dec. 31, 2009
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Common equity Tier 1 ratio or risk-weighted assets	4.50%
Tier 1 risk-based capital ratio	6.00%
Total risk-based capital ratio	8.00%
Tier 1 leverage capital ratio	4.00%
Tier one capital conservation buffer to risk weighted assets	2.50%				0.625%
Tier one capital conservation buffer to risk weighted assets, 2017	1.25%
Tier one capital conservation buffer to risk weighted assets, 2018	1.875%
Tier one capital conservation buffer to risk weighted assets, 2019	2.50%
Leverage ratio, Actual ratio		8.50%
Tier 1 capital (to risk-weighted assets), Actual, Ratio		9.50%
Total Capital (to Risk-Weighted Assets)		11.50%
FDIC assessment expense	$ 1,000,000	$ 3,100,000	$ 3,800,000
Tier 1 capital limitation, interest	25.00%
Capital securities qualified as Tier 1 capital	$ 62,000,000
Capital securities qualified as Tier 2 capital	$ 28,000,000
OCC Agreement [Member]
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Penalties payable				$ 25,000
Minimum [Member]
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Leverage ratio, Actual ratio	12.39%
Tier 1 capital (to risk-weighted assets), Actual, Ratio	17.91%
Total Capital (to Risk-Weighted Assets)	19.85%
Maximum [Member]
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Brokered deposits limit	6.00%
Capital securities qualified as Tier 1 capital						$ 15,000,000,000

Regulatory Matters - Risk-Based

Regulatory Matters - Risk-Based Capital Ratios (Detail) - USD ($)	Dec. 31, 2016	Dec. 31, 2015
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Total risk-based capital (to risk-weighted assets), Actual, Ratio		11.50%
Total risk-based capital (to risk-weighted assets), For Capital Adequacy Purposes, Ratio	8.00%
Tier 1 capital (to risk-weighted assets), Actual, Amount	$ 62,000,000
Tier 1 capital (to risk-weighted assets), Actual, Ratio		9.50%
Tier 1 capital (to risk-weighted assets), For Capital Adequacy Purposes, Ratio	6.00%
Leverage capital, Actual, Ratio		8.50%
Leverage capital, For Capital Adequacy Purposes, Ratio	4.00%
Sun Bancorp, Inc. [Member]
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Total risk-based capital (to risk-weighted assets), Actual, Amount	$ 354,078	$ 328,575
Total risk-based capital (to risk-weighted assets), Actual, Ratio	21.63%	21.04%
Total risk-based capital (to risk-weighted assets), For Capital Adequacy Purposes, Amount	$ 130,929,000	$ 124,914,000
Total risk-based capital (to risk-weighted assets), For Capital Adequacy Purposes, Ratio	8.00%	8.00%
Total risk-based capital (to risk-weighted assets), Minimum Capital Requirement with Conservation Buffer, Amount	$ 141,157,000
Total risk-based capital (to risk-weighted assets), Minimum Capital Requirement with Conservation Buffer, Ratio	8.625%
Tier 1 common equity capital ratio (to risk-weighed assets), Actual, Amount	$ 262,386	$ 219,939
Tier 1 common equity capital ratio (to risk-weighed assets), Actual, Ratio	16.03%	14.09%
Tier 1 common equity capital ratio (to risk-weighed assets), For Capital Adequacy Purposes, Amount	$ 73,647,000	$ 70,264,000
Tier 1 common equity capital ratio (to risk-weighed assets), For Capital Adequacy Purposes, Ratio	4.50%	4.50%
Tier 1 common equity capital ratio (to risk-weighed assets), Minimum Capital Requirement with Conservation Buffer, Amount	$ 83,876,000
Tier 1 common equity capital ratio (to risk-weighed assets), Minimum Capital Requirement with Conservation Buffer, Ratio	5.125%
Tier 1 capital (to risk-weighted assets), Actual, Amount	$ 309,910	$ 274,928
Tier 1 capital (to risk-weighted assets), Actual, Ratio	18.94%	17.61%
Tier 1 capital (to risk-weighted assets), For Capital Adequacy Purposes, Amount	$ 98,196,000	$ 93,685,000
Tier 1 capital (to risk-weighted assets), For Capital Adequacy Purposes, Ratio	6.00%	6.00%
Tier 1 capital (to risk-weighted assets), Minimum Capital Requirement with Conservation Buffer, Amount	$ 108,425,000
Tier 1 capital (to risk-weighted assets), Minimum Capital Requirement with Conservation Buffer, Ratio	6.625%
Leverage capital, Actual, Amount	$ 309,910	$ 274,928
Leverage capital, Actual, Ratio	14.57%	12.19%
Leverage capital, For Capital Adequacy Purposes, Amount	$ 85,092,000	$ 90,203,000
Leverage capital, For Capital Adequacy Purposes, Ratio	4.00%	4.00%
Sun National Bank [Member]
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Total risk-based capital (to risk-weighted assets), Actual, Amount	$ 324,196	$ 297,735
Total risk-based capital (to risk-weighted assets), Actual, Ratio	19.85%	19.11%
Total risk-based capital (to risk-weighted assets), For Capital Adequacy Purposes, Amount	$ 130,664,000	$ 124,649,000
Total risk-based capital (to risk-weighted assets), For Capital Adequacy Purposes, Ratio	8.00%	8.00%
Total risk-based capital (to risk-weighted assets), Minimum Capital Requirement with Conservation Buffer, Amount	$ 140,872,000
Total risk-based capital (to risk-weighted assets), Minimum Capital Requirement with Conservation Buffer, Ratio	8.625%
Total risk-based capital (to risk-weighted assets), To Be Well Capitalized Under Prompt Corrective Action Provisions, Amount	$ 163,330,000	$ 155,811,000
Total risk-based capital (to risk-weighted assets), To Be Well Capitalized Under Prompt Corrective Action Provisions, Ratio	10.00%	10.00%
Tier 1 common equity capital ratio (to risk-weighed assets), Actual, Amount	$ 308,043	$ 279,100
Tier 1 common equity capital ratio (to risk-weighed assets), Actual, Ratio	18.86%	17.91%
Tier 1 common equity capital ratio (to risk-weighed assets), For Capital Adequacy Purposes, Amount	$ 73,498,000	$ 70,115,000
Tier 1 common equity capital ratio (to risk-weighed assets), For Capital Adequacy Purposes, Ratio	4.50%	4.50%
Tier 1 common equity capital ratio (to risk-weighed assets), Minimum Capital Requirement with Conservation Buffer, Amount	$ 83,707,000
Tier 1 common equity capital ratio (to risk-weighed assets), Minimum Capital Requirement with Conservation Buffer, Ratio	5.125%
Tier 1 common equity capital ratio (to risk-weighed assets), To Be Well Capitalized Under Prompt Corrective Action Provisions, Amount	$ 106,164,000	$ 101,277,000
Tier 1 common equity capital ratio (to risk-weighed assets), To Be Well Capitalized Under Prompt Corrective Action Provisions, Ratio	6.50%	6.50%
Tier 1 capital (to risk-weighted assets), Actual, Amount	$ 308,043	$ 279,100
Tier 1 capital (to risk-weighted assets), Actual, Ratio	18.86%	17.91%
Tier 1 capital (to risk-weighted assets), For Capital Adequacy Purposes, Amount	$ 97,998,000	$ 93,487,000
Tier 1 capital (to risk-weighted assets), For Capital Adequacy Purposes, Ratio	6.00%	6.00%
Tier 1 capital (to risk-weighted assets), Minimum Capital Requirement with Conservation Buffer, Amount	$ 108,206,000
Tier 1 capital (to risk-weighted assets), Minimum Capital Requirement with Conservation Buffer, Ratio	6.625%
Tier 1 capital (to risk-weighted assets), To Be Well Capitalized Under Prompt Corrective Action Provisions, Amount	$ 130,664,000	$ 124,648,000
Tier 1 capital (to risk-weighted assets), To Be Well Capitalized Under Prompt Corrective Action Provisions, Ratio	8.00%	8.00%
Leverage capital, Actual, Amount	$ 308,043	$ 279,100
Leverage capital, Actual, Ratio	14.50%	12.39%
Leverage capital, For Capital Adequacy Purposes, Amount	$ 84,959,000	$ 90,069,000
Leverage capital, For Capital Adequacy Purposes, Ratio	4.00%	4.00%
Leverage capital, To Be Well Capitalized Under Prompt Corrective Action Provisions, Amount	$ 106,199,000	$ 112,587,000
Leverage capital, To Be Well Capitalized Under Prompt Corrective Action Provisions, Ratio	5.00%	5.00%

Regulatory Matters - Risk-Ba106

Regulatory Matters - Risk-Based Capital Ratios (Parenthetical) (Detail)	12 Months Ended
	Dec. 31, 2016	Jan. 01, 2016
Banking And Thrift [Abstract]
Percentage of conservation buffer		0.625%
Conservation buffer effective date	Jan. 1, 2016

Fair Value of Financial Inst107

Fair Value of Financial Instruments - Summary of Assets and Liabilities Measured at Fair Value on Recurring Basis (Detail) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Assets:
Investment securities available for sale	$ 295,686	$ 282,875
Interest Rate Swaps [Member] | Fair Value, Measurements, Recurring [Member]
Assets:
Investment securities available for sale	2,077	5,611
Liabilities:
Derivative instruments, liabilities	2,087	5,649
U.S. Government Agency Mortgage-Backed Securities [Member] | Fair Value, Measurements, Recurring [Member]
Assets:
Investment securities available for sale	244,544	205,512
Other Mortgage-Backed Securities [Member] | Fair Value, Measurements, Recurring [Member]
Assets:
Investment securities available for sale	114	182
Trust Preferred Securities [Member] | Fair Value, Measurements, Recurring [Member]
Assets:
Investment securities available for sale	9,851	10,174
Collateralized Loan Obligations [Member] | Fair Value, Measurements, Recurring [Member]
Assets:
Investment securities available for sale	37,319	58,996
Other Securities [Member] | Fair Value, Measurements, Recurring [Member]
Assets:
Investment securities available for sale	1,360	625
Hedged Commercial Loans [Member] | Fair Value, Measurements, Recurring [Member]
Assets:
Investment securities available for sale	1,634	5,924
Fair Value Interest Rate Swaps [Member] | Fair Value, Measurements, Recurring [Member]
Liabilities:
Derivative instruments, liabilities	165	351
U.S. Treasury Securities [Member] | Fair Value, Measurements, Recurring [Member]
Assets:
Investment securities available for sale	2,498	2,484
U.S. Government Agency Securities [Member] | Fair Value, Measurements, Recurring [Member]
Assets:
Investment securities available for sale		4,902
Level 1 [Member] | Other Securities [Member] | Fair Value, Measurements, Recurring [Member]
Assets:
Investment securities available for sale	1,360	625
Level 1 [Member] | U.S. Treasury Securities [Member] | Fair Value, Measurements, Recurring [Member]
Assets:
Investment securities available for sale	2,498	2,484
Level 2 [Member] | Interest Rate Swaps [Member] | Fair Value, Measurements, Recurring [Member]
Assets:
Investment securities available for sale	2,077	5,611
Liabilities:
Derivative instruments, liabilities	2,087	5,649
Level 2 [Member] | U.S. Government Agency Mortgage-Backed Securities [Member] | Fair Value, Measurements, Recurring [Member]
Assets:
Investment securities available for sale	244,544	205,512
Level 2 [Member] | Other Mortgage-Backed Securities [Member] | Fair Value, Measurements, Recurring [Member]
Assets:
Investment securities available for sale	114	182
Level 2 [Member] | Collateralized Loan Obligations [Member] | Fair Value, Measurements, Recurring [Member]
Assets:
Investment securities available for sale	37,319	58,996
Level 2 [Member] | Hedged Commercial Loans [Member] | Fair Value, Measurements, Recurring [Member]
Assets:
Investment securities available for sale	1,634	5,924
Level 2 [Member] | Fair Value Interest Rate Swaps [Member] | Fair Value, Measurements, Recurring [Member]
Liabilities:
Derivative instruments, liabilities	165	351
Level 2 [Member] | U.S. Government Agency Securities [Member] | Fair Value, Measurements, Recurring [Member]
Assets:
Investment securities available for sale		4,902
Level 3 [Member] | Trust Preferred Securities [Member] | Fair Value, Measurements, Recurring [Member]
Assets:
Investment securities available for sale	$ 9,851	$ 10,174

Fair Value of Financial Inst108

Fair Value of Financial Instruments - Additional Information (Detail)	12 Months Ended
	Dec. 31, 2016USD ($)Property	Dec. 31, 2015USD ($)Property
Fair Value, Option, Quantitative Disclosures [Line Items]
Future default rate	3.60%
Period of time with no recovery rate	3 years
Change in fair value discount rate for pooled issue	3.00%
Decrease due to change in applicable discount rate for pooled issue	$ 2,200,000
Increase due to change in applicable discount rate for pooled issue	$ 3,100,000
Change in fair value discount rate for single issue	3.00%
Decrease due to change in applicable discount rate for single issue	$ 910,000
Increase due to change in applicable discount rate for single issue	1,500,000
Transfers within three Levels	0	$ 0
Real estate owned portfolio includes properties | Property		1
Real estate owned at carrying value	0	$ 281,000
Loss on sale of real estate	15,000	(43,000)
Fair value of Real estate owned	0	281,000
Bank Properties [Member]
Fair Value, Option, Quantitative Disclosures [Line Items]
Decrease in fair value bank properties		$ 56,000
Real estate owned portfolio includes properties | Property		1
Real estate owned at carrying value		$ 281,000
Loss on sale of real estate	$ 15,000
Number of real estate property sold | Property	1
Specific Reserve [Member]
Fair Value, Option, Quantitative Disclosures [Line Items]
Impaired loans with an aggregate carrying amount	$ 0
Charge-offs	0	0
Without Specific Reserve [Member]
Fair Value, Option, Quantitative Disclosures [Line Items]
Impaired loans with an aggregate carrying amount	799,000	1,200,000
Without Specific Reserve [Member] | Loan One [Member]
Fair Value, Option, Quantitative Disclosures [Line Items]
Charge-offs	632,000	888,000
Without Specific Reserve [Member] | Loan Two [Member]
Fair Value, Option, Quantitative Disclosures [Line Items]
Charge-offs	$ 567,000	$ 823,000
Pooled Security [Member]
Fair Value, Option, Quantitative Disclosures [Line Items]
Market spreads	2.75%
Single Issuer [Member]
Fair Value, Option, Quantitative Disclosures [Line Items]
Market spreads	5.25%

Fair Value of Financial Inst109

Fair Value of Financial Instruments - Summary of Level 3 Fair Value Measurement Activity (Detail) - Investment Securities [Member] - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Balance, beginning of year	$ 10,175	$ 9,410
Total gains (losses), realized/unrealized:
Included in earnings	5	3
Included in accumulated other comprehensive income	(329)	762
Balance, end of year	$ 9,851	$ 10,175

Fair Value of Financial Inst110

Fair Value of Financial Instruments - Summary of Assets Measured at Fair Value on Non Recurring Basis (Detail) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]
Fair value of Real estate owned	$ 0	$ 281
Non-Recurring [Member]
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]
Fair value of Impaired loans	799	1,161
Fair value of Real estate owned		281
Total (Losses) Gains Or Changes in Net Assets, Impaired loans	(65)	(64)
Total (Losses) Gains Or Changes in Net Assets, Real estate owned		(56)
Non-Recurring [Member] | Level 3 [Member]
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]
Fair value of Impaired loans	$ 799	1,161
Fair value of Real estate owned		$ 281

Fair Value of Financial Inst111

Fair Value of Financial Instruments - Valuation Methods for Determining Fair Value of Impairment Loans (Detail) $ in Thousands	12 Months Ended
	Dec. 31, 2016USD ($)
Fair Value Disclosures [Abstract]
Loans less than $1 million	Less than $1 million
Loans $1 million or greater	1 million or greater
Commercial Loans	$ 1,000
Existing appraisal 18 months or less	18 months or less
Existing appraisal greater than 18 months	Greater than 18 months
Existing Appraisal Period	1 year 6 months
Commercial loans secured primarily by residential real estate
Loans less than $1 million	Less than $1 million
Loans $1 million or greater	1 million or greater
Other Commercial	$ 1,000
Non-commercial loans secured primarily by residential real estate
Loans less than $250,000	Less than 250,000
Loans $250,000 or greater	250,000 or greater
Non-commercial loans	$ 250

Fair Value of Financial Inst112

Fair Value of Financial Instruments - Carrying Amounts and Estimated Fair Values of Financial Assets and Liabilities (Detail) - USD ($) $ in Thousands		Dec. 31, 2016	Dec. 31, 2015
Assets:
Cash and due from banks		$ 19,645	$ 21,836
Interest-earning bank balances		114,563	182,479
Restricted cash		5,000	5,000
Investment securities available for sale		295,686	282,875
Investment securities held to maturity		250	250
Restricted equity investments		15,791	15,733
Liabilities:
Savings deposits		241,754	221,620
Time deposits		404,597
Advances from FHLBNY		85,416	85,607
Junior subordinated debentures		92,786	92,786
Carrying Amount [Member]
Assets:
Cash and due from banks		19,645	21,836
Interest-earning bank balances		114,563	182,479
Restricted cash		5,000	5,000
Investment securities available for sale		295,686	282,875
Investment securities held to maturity		250	250
Loans receivable, net		1,592,743	1,524,577
Hedged commercial loans	[1]	1,634	5,924
Restricted equity investments		15,791	15,733
Liabilities:
Demand deposits		1,095,012	1,186,348
Savings deposits		241,754	221,620
Time deposits		404,597	338,134
Advances from FHLBNY		85,416	85,607
Junior subordinated debentures		92,786	92,786
Fair value interest rate swaps		165	351
Carrying Amount [Member] | Interest Rate Swaps [Member]
Assets:
Interest rate swaps		2,077	5,611
Liabilities:
Interest rate swaps		2,087	5,649
Estimated Fair Value [Member]
Assets:
Cash and due from banks		19,645	21,836
Interest-earning bank balances		114,563	182,479
Restricted cash		5,000	5,000
Investment securities available for sale		295,686	282,875
Investment securities held to maturity		250	250
Loans receivable, net		1,575,818	1,460,080
Hedged commercial loans	[1]	1,634	5,924
Restricted equity investments		15,791	15,733
Liabilities:
Demand deposits		1,070,680	1,166,898
Savings deposits		235,216	213,498
Time deposits		412,903	339,294
Advances from FHLBNY		85,703	85,790
Junior subordinated debentures		64,282	63,520
Fair value interest rate swaps		165	351
Estimated Fair Value [Member] | Interest Rate Swaps [Member]
Assets:
Interest rate swaps		2,077	5,611
Liabilities:
Interest rate swaps		$ 2,087	$ 5,649
[1]	Includes positive market value adjustment of $165 thousand and $351 thousand at December 31, 2016 and December 31, 2015, respectively, which is equal to the change in value of related interest rate swaps designated as fair value hedges of these hedged loans in accordance with FASB ASC 815.

Fair Value of Financial Inst113

Fair Value of Financial Instruments - Carrying Amounts and Estimated Fair Values of Financial Assets and Liabilities (Parenthetical) (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Fair Value Disclosures [Abstract]
Commercial hedge loan adjustment to market change	$ 165	$ 351

Related Party Transactions - Su

Related Party Transactions - Summary of Loans to Related Parties (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Related Party Transactions [Abstract]
Balance, beginning of year	$ 2,433	$ 38,490
Other reductions	(236)
Repayments	(1,773)	(36,057)
Balance, end of year	$ 424	$ 2,433

Related Party Transactions - Ad

Related Party Transactions - Additional Information (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Related Party Transactions [Abstract]
Interest income on related party loans	$ 21	$ 86

Related Party Transactions -116

Related Party Transactions - Summary of Leases (Detail) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2016	Dec. 31, 2014
Capital Leased Assets [Line Items]
Leases Expiration date			2017-10
Lease One [Member]
Capital Leased Assets [Line Items]
Leases Expiration date		2017-01
Annual Rental Payment		$ 167
Renewal Option Remaining		2 five-year terms
Annual Rental Increases		Fixed
Lease Two [Member]
Capital Leased Assets [Line Items]
Leases Expiration date		2017-10
Annual Rental Payment		$ 1,408
Renewal Option Remaining		N/A
Annual Rental Increases		N/A
Lease Three [Member]
Capital Leased Assets [Line Items]
Leases Expiration date	[1]	2025-08
Annual Rental Payment	[1]	$ 570
Renewal Option Remaining	[1]	4 five-year terms
Annual Rental Increases	[1]	Fixed
Lease Four [Member]
Capital Leased Assets [Line Items]
Leases Expiration date		2027-01
Annual Rental Payment		$ 174
Renewal Option Remaining		4 five-year terms
Annual Rental Increases		Fixed
Lease Five [Member]
Capital Leased Assets [Line Items]
Leases Expiration date	[2]	2029-06
Annual Rental Payment	[2]	$ 269
Renewal Option Remaining	[2]	N/A
Annual Rental Increases	[2]	CPI
[1]	This lease is recorded as a $3.9 million obligation under capital lease at December 31, 2016
[2]	This lease is recorded as a $2.4 million obligation under capital lease at December 31, 2016

Related Party Transactions -117

Related Party Transactions - Summary of Leases (Parenthetical) (Detail) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Capital Leased Assets [Line Items]
Obligation under capital lease	$ 6,292	$ 6,698
Lease Three [Member]
Capital Leased Assets [Line Items]
Obligation under capital lease	3,900
Lease Five [Member]
Capital Leased Assets [Line Items]
Obligation under capital lease	$ 2,400

Condensed Financial Informat118

Condensed Financial Information of Parent Company - Condensed Statements of Financial Condition (Detail) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Assets:
Cash and due from banks	$ 19,645	$ 21,836
Investments in subsidiaries:
Total assets	2,262,262	2,210,584
Liabilities:
Other liabilities	16,696	21,479
Total liabilities	1,942,553	1,954,196
Shareholders’ equity	319,709	256,388	$ 245,323	$ 245,337
Total liabilities and shareholders’ equity	2,262,262	2,210,584
Parent Company [Member]
Assets:
Cash and due from banks	27,041	29,222
Investments in subsidiaries:
Bank subsidiaries	379,827	315,551
Non-bank subsidiaries	2,786	2,786
Accrued interest receivable and other assets	5,304	3,683
Total assets	414,958	351,242
Liabilities:
Junior subordinated debentures	92,786	92,786
Other liabilities	2,463	2,068
Total liabilities	95,249	94,854
Shareholders’ equity	319,709	256,388
Total liabilities and shareholders’ equity	$ 414,958	$ 351,242

Condensed Financial Informat119

Condensed Financial Information of Parent Company - Condensed Statements of Operations (Detail) - USD ($) $ in Thousands	3 Months Ended												12 Months Ended
	Dec. 31, 2016		Sep. 30, 2016		Jun. 30, 2016		Mar. 31, 2016		Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Condensed Financial Statements Captions [Line Items]
Interest expense	$ (2,885)		$ (2,747)		$ (2,626)		$ (2,448)		$ (2,352)	$ (2,372)	$ (2,418)	$ (2,468)	$ (10,706)	$ (9,610)	$ (12,261)
Other expenses													(5,224)	(6,290)	(12,937)
Loss before equity in undistributed loss of subsidiaries and income tax benefit													9,022	11,417	(28,491)
Income tax benefit	53,281	[1]	(287)	[1]	(299)	[1]	(300)	[1]	(246)	(383)	(284)	(284)	52,395	(1,197)	(1,317)
NET INCOME (LOSS) AVAILABLE TO COMMON SHAREHOLDERS	$ 55,998		$ 1,630		$ 2,963		$ 826		$ 1,452	$ 3,164	$ 2,828	$ 2,776	61,417	10,220	(29,808)
Parent Company [Member]
Condensed Financial Statements Captions [Line Items]
Interest expense													(2,574)	(2,200)	(2,150)
Other expenses													(4,638)	(3,791)	(4,037)
Management fee income													4,715	3,886	4,130
Loss before equity in undistributed loss of subsidiaries and income tax benefit													(2,497)	(2,105)	(2,057)
Equity in undistributed income (loss) of subsidiaries													62,911	11,639	(28,480)
Income tax benefit													1,003	686	729
NET INCOME (LOSS) AVAILABLE TO COMMON SHAREHOLDERS													$ 61,417	$ 10,220	$ (29,808)
[1]	The December 31, 2016 quarter includes a $53.7 million tax benefit related to the reversal of a portion of the Company’s deferred tax asset valuation allowance.

Condensed Financial Informat120

Condensed Financial Information of Parent Company - Condensed Statements of Cash Flows (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Operating activities:
Net income (loss)	$ 61,417	$ 10,220	$ (29,808)
Adjustments to reconcile net (loss) income to net cash used in operating activities:
Stock-based compensation	2,529	1,982	871
Change in assets and liabilities which provided (used) cash:
Accrued interest receivable and other assets	2,534	(4,272)	848
Net cash provided by (used in) operating activities	11,906	(1,606)	14,040
Investing activities:
Net cash (used in) provided by investing activities	(76,436)	162,894	608,527
Financing activities:
Proceeds from exercise of stock options	71	15	16
Proceeds from issuance of common stock		600	20,000
Cash dividends paid to shareholders	(376)
Net cash used in financing activities	(5,577)	(505,406)	(341,896)
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS	(70,107)	(344,118)	280,671
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR	204,315	548,433	267,762
CASH AND CASH EQUIVALENTS, END OF YEAR	134,208	204,315	548,433
Parent Company [Member]
Operating activities:
Net income (loss)	61,417	10,220	(29,808)
Adjustments to reconcile net (loss) income to net cash used in operating activities:
Undistributed (income) loss of subsidiaries	(62,911)	(11,639)	28,480
Stock-based compensation	348	252	226
Change in assets and liabilities which provided (used) cash:
Accrued interest receivable and other assets	(1,646)	(28)	(730)
Accounts payable and other liabilities	242	27	(487)
Net cash provided by (used in) operating activities	(2,550)	(1,168)	(2,319)
Investing activities:
Payments for investments in and advances to subsidiaries			(7,500)
Net cash (used in) provided by investing activities			(7,500)
Financing activities:
Proceeds from exercise of stock options	71	15	16
Proceeds from issuance of common stock	674	600	22,141
Cash dividends paid to shareholders	(376)
Net cash used in financing activities	369	615	22,157
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS	(2,181)	(553)	12,338
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR	29,222	29,775	17,437
CASH AND CASH EQUIVALENTS, END OF YEAR	$ 27,041	$ 29,222	$ 29,775

Condensed Financial Informat121

Condensed Financial Information of Parent Company - Summarized Quarterly Financial Data (Unaudited) (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended												12 Months Ended
	Dec. 31, 2016		Sep. 30, 2016		Jun. 30, 2016		Mar. 31, 2016		Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Condensed Financial Information Of Parent Company Only Disclosure [Abstract]
Interest income	$ 17,719		$ 17,459		$ 17,498		$ 16,934		$ 17,167	$ 17,589	$ 17,793	$ 17,659	$ 69,610	$ 70,208	$ 90,212
Interest expense	2,885		2,747		2,626		2,448		2,352	2,372	2,418	2,468	10,706	9,610	12,261
Net interest income	14,834		14,712		14,872		14,486		14,815	15,217	15,375	15,191	58,904	60,598	77,951
(Recovery of) Provision for loan losses					(1,682)				(300)	(1,762)	(1,218)		(1,682)	(3,280)	14,803
Non-interest income	3,309		3,142		3,774		3,164		3,204	6,453	4,881	13,087	13,389	27,625	17,763
Non-interest expense	15,426		15,937		17,066		16,524		16,621	19,885	18,362	25,218	64,953	80,086	109,402
INCOME (LOSS) BEFORE INCOME TAXES	2,717		1,917		3,262		1,126		1,698	3,547	3,112	3,060	9,022	11,417	(28,491)
Income tax (benefit) expense	(53,281)	[1]	287	[1]	299	[1]	300	[1]	246	383	284	284	(52,395)	1,197	1,317
NET INCOME (LOSS) AVAILABLE TO COMMON SHAREHOLDERS	$ 55,998		$ 1,630		$ 2,963		$ 826		$ 1,452	$ 3,164	$ 2,828	$ 2,776	$ 61,417	$ 10,220	$ (29,808)
Basic earnings (loss) per common share	$ 2.96		$ 0.09		$ 0.16		$ 0.04		$ 0.08	$ 0.17	$ 0.15	$ 0.15	$ 3.26	$ 0.55	$ (1.67)
Diluted earnings (loss) per common share	$ 2.94		$ 0.09		$ 0.16		$ 0.04		$ 0.08	$ 0.17	$ 0.15	$ 0.15	$ 3.24	$ 0.55	$ (1.67)
[1]	The December 31, 2016 quarter includes a $53.7 million tax benefit related to the reversal of a portion of the Company’s deferred tax asset valuation allowance.

Condensed Financial Informat122

Condensed Financial Information of Parent Company - Summarized Quarterly Financial Data (Unaudited) (Parenthetical) (Detail) $ in Millions	3 Months Ended
	Dec. 31, 2016USD ($)
Condensed Financial Information Of Parent Company Only Disclosure [Abstract]
Income tax benefit related to reversal of deferred tax asset valuation allowance	$ 53.7