First Connecticut Bancorp (FBNK) 10-Q 5 Aug 16 2016 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2016	Jul. 25, 2016
Document and Entity Information [Abstract]
Entity Registrant Name	First Connecticut Bancorp, Inc.
Entity Central Index Key	1,511,198
Trading Symbol	fbnk
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding		15,818,494
Document Type	10-Q
Document Period End Date	Jun. 30, 2016
Amendment Flag	false
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q2

Consolidated Statements of Fina

Consolidated Statements of Financial Condition (Unaudited) - USD ($) $ in Thousands		Jun. 30, 2016	Dec. 31, 2015
Assets
Cash and due from banks		$ 37,455	$ 45,732
Interest bearing deposits with other institutions		29,288	13,407
Total cash and cash equivalents		66,743	59,139
Securities held-to-maturity, at amortized cost		7,640	32,246
Securities available-for-sale, at fair value		149,396	132,424
Loans held for sale		6,912	9,637
Loans	[1]	2,424,140	2,361,796
Allowance for loan losses		(20,720)	(20,198)
Loans, net		2,403,420	2,341,598
Premises and equipment, net		18,917	18,565
Federal Home Loan Bank of Boston stock, at cost		18,240	21,729
Accrued income receivable		6,736	6,747
Bank-owned life insurance		51,029	50,618
Deferred income taxes, net		15,405	15,443
Prepaid expenses and other assets		34,786	20,400
Total assets		2,779,224	2,708,546
Deposits
Interest-bearing		1,635,876	1,589,970
Noninterest-bearing		415,562	401,388
Total Deposits		2,051,438	1,991,358
Federal Home Loan Bank of Boston advances		340,600	377,600
Repurchase agreement borrowings		10,500	10,500
Repurchase liabilities		63,027	35,769
Accrued expenses and other liabilities		61,417	47,598
Total liabilities		2,526,982	2,462,825
Stockholders' Equity
Common stock, $0.01 par value, 30,000,000 shares authorized; 17,976,893 shares issued and 15,818,494 shares outstanding at June 30, 2016 and 17,976,893 shares issued and 15,881,663 shares outstanding at December 31, 2015		181	181
Additional paid-in-capital		183,504	181,997
Unallocated common stock held by ESOP		(11,100)	(11,626)
Treasury stock, at cost (2,158,399 shares at June 30, 2016 and 2,095,230 shares at December 31, 2015)		(31,868)	(30,602)
Retained earnings		117,980	112,933
Accumulated other comprehensive loss		(6,455)	(7,162)
Total stockholders' equity		252,242	245,721
Total liabilities and stockholders' equity		$ 2,779,224	$ 2,708,546
[1]	Loans include net deferred loan costs of $3.8 million and $4.0 million at June 30, 2016 and December 31, 2015, respectively.

Consolidated Statements of Fin3

Consolidated Statements of Financial Condition (Unaudited) (Parentheticals) - USD ($) $ in Millions	Jun. 30, 2016	Dec. 31, 2015
Statement of Financial Position [Abstract]
Net deferred loan costs	$ 3.8	$ 4
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized	30,000,000	30,000,000
Common stock, shares issued	17,976,893	17,976,893
Common stock, shares outstanding	15,818,494	15,881,663
Treasury stock, shares	2,158,399	2,095,230

Consolidated Statements of Inco

Consolidated Statements of Income (Unaudited) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Interest and fees on loans
Mortgage		$ 16,120	$ 15,331	$ 32,027	$ 30,389
Other		4,858	4,264	9,572	8,259
Interest and dividends on investments
United States Government and agency obligations		448	385	866	708
Other bonds		14	35	27	53
Corporate stocks		232	145	471	276
Other interest income		26	4	58	11
Total interest income		21,698	20,164	43,021	39,696
Interest expense
Deposits		2,735	2,140	5,471	4,349
Federal Home Loan Bank of Boston advances		980	804	1,947	1,555
Repurchase agreement borrowings		96	92	191	255
Repurchase liabilities		15	29	34	63
Total interest expense		3,826	3,065	7,643	6,222
Net interest income		17,872	17,099	35,378	33,474
Provision for loan losses		801	663	1,018	1,278
Net interest income after provision for loan losses		17,071	16,436	34,360	32,196
Noninterest income
Fees for customer services		1,530	1,500	3,014	2,873
Gain on sales of investments			1,250		1,523
Net gain on loans sold		751	412	1,241	932
Brokerage and insurance fee income		54	60	108	109
Bank owned life insurance income		307	324	721	597
Other		(25)	528	433	704
Total noninterest income		2,617	4,074	5,517	6,738
Noninterest expense
Salaries and employee benefits		9,213	9,035	18,589	17,825
Occupancy expense		1,189	1,272	2,408	2,639
Furniture and equipment expense		1,018	1,077	2,079	2,113
FDIC assessment		383	402	787	814
Marketing		544	534	965	943
Other operating expenses		2,297	3,277	5,093	6,200
Total noninterest expense		14,644	15,597	29,921	30,534
Income before income taxes		5,044	4,913	9,956	8,400
Income tax expense		1,401	1,441	2,700	2,417
Net income		$ 3,643	$ 3,472	$ 7,256	$ 5,983
Net earnings per share (See Note 3):
Basic (in dollars per share)	[1]	$ 0.24	$ 0.23	$ 0.49	$ 0.40
Diluted (in dollars per share)	[1]	0.24	0.23	0.48	0.40
Dividends per share (in dollars per share)		$ 0.07	$ 0.05	$ 0.14	$ 0.10
[1]	Certain per share amounts may not appear to reconcile due to rounding.

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Statement Of Income (Loss) and Comprehensive Income (Loss) [Abstract]
Net income	$ 3,643	$ 3,472	$ 7,256	$ 5,983
Unrealized gains (losses) on securities:
Unrealized holding gains (losses) arising during the period	126	(2,793)	768	(2,975)
Less: reclassification adjustment for gains included in net income		1,250		1,523
Net change in unrealized gains (losses)	126	(1,543)	768	(1,452)
Change related to pension and other postretirement benefit plans	163	29	327	191
Other comprehensive income (loss), before tax	289	(1,514)	1,095	(1,261)
Income tax expense (benefit)	103	(533)	388	(444)
Other comprehensive income (loss), net of tax	186	(981)	707	(817)
Comprehensive income	$ 3,829	$ 2,491	$ 7,963	$ 5,166

Consolidated Statement of Chang

Consolidated Statement of Changes in Stockholders' Equity (Unaudited) - 6 months ended Jun. 30, 2016 - USD ($) $ in Thousands	Common Stock	Additional Paid in Capital	Unallocated Common Shares Held by ESOP	Treasury Stock	Retained Earnings	Accumulated Other Comprehensive Loss	Total
Balance at Dec. 31, 2015	$ 181	$ 181,997	$ (11,626)	$ (30,602)	$ 112,933	$ (7,162)	$ 245,721
Balance (in shares) at Dec. 31, 2015	15,881,663						15,881,663
Increase (Decrease) in Stockholders' Equity [Roll Forward]
ESOP shares released and committed to be released		250	526				$ 776
Cash dividend paid ($0.14 per common share)					(2,209)		(2,209)
Treasury stock acquired				(2,527)			(2,527)
Treasury stock acquired (in shares)	(156,800)
Stock options exercised		(45)		1,261			1,216
Stock options exercised (in shares)	93,631
Tax expense from stock-based compensation		7					7
Share based compensation expense		1,295					1,295
Net income					7,256		7,256
Other comprehensive income						707	707
Balance at Jun. 30, 2016	$ 181	$ 183,504	$ (11,100)	$ (31,868)	$ 117,980	$ (6,455)	$ 252,242
Balance (in shares) at Jun. 30, 2016	15,818,494						15,818,494

Consolidated Statement of Chan7

Consolidated Statement of Changes in Stockholders' Equity (Unaudited) (Parentheticals) - $ / shares	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Statement Of Stockholders Equity [Abstract]
Dividends per share (in dollars per share)	$ 0.07	$ 0.05	$ 0.14	$ 0.10

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Cash flows from operating activities
Net income	$ 7,256	$ 5,983
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Provision for loan losses	1,018	1,278
Reversal of provision for off-balance sheet commitments	(428)	(3)
Depreciation and amortization	1,210	1,351
Amortization of ESOP expense	776	718
Share based compensation expense	1,295	1,802
Gain on sale of investments		(1,523)
Loans originated for sale	(76,572)	(49,809)
Proceeds from the sale of loans held for sale	80,538	45,608
Loss on disposal of premises and equipment	8
Gain on fair value adjustment for mortgage banking derivatives	(39)	(126)
Impairment losses on alternative investments	47	113
Mortgage servicing rights impairment	374
Writedowns on foreclosed real estate	21
Loss on sale of foreclosed real estate	1	9
Net gain on loans sold	(1,241)	(932)
Accretion and amortization of investment security discounts and premiums, net	(40)	(25)
Amortization and accretion of loan fees and discounts, net	208	(323)
Decrease (increase) in accrued income receivable	11	(648)
Deferred income tax	(350)	836
Increase in cash surrender value of bank-owned life insurance	(639)	(597)
(Increase) decrease in prepaid expenses and other assets	(14,497)	95
Increase (decrease) in accrued expenses and other liabilities	14,303	(3,996)
Net cash provided by (used in) operating activities	13,260	(189)
Cash flows from investing activities
Maturities, calls and principal payments of securities held-to-maturity	24,606	8,858
Maturities, calls and principal payments of securities available-for-sale	79,854	153,384
Purchases of securities held-to-maturity		(27,000)
Purchases of securities available-for-sale	(96,018)	(109,046)
Loan originations, net of principal repayments	(63,237)	(151,414)
Redemptions (purchases) of Federal Home Loan Bank of Boston stock, net	3,489	(1,711)
Proceeds from (purchase of) bank-owned life insurance	228	(10,000)
Proceeds from sale of foreclosed real estate	167	303
Purchases of premises and equipment	(1,570)	(442)
Net cash used in investing activities	(52,481)	(137,068)
Cash flows from financing activities
Net payments on Federal Home Loan Bank of Boston advances	(37,000)	(1,000)
Decrease in repurchase agreement borrowings		(10,500)
Net increase in demand deposits, NOW accounts, savings accounts and money market accounts	23,682	85,774
Net increase in time deposits	36,398	59,225
Net increase in repurchase liabilities	27,258	7,054
Stock options exercised	1,216	272
Excess tax expense from stock-based compensation	7	4
Repurchase of common stock	(2,527)	(1,844)
Cash dividend paid	(2,209)	(1,599)
Net cash provided by financing activities	46,825	137,386
Net increase in cash and cash equivalents	7,604	129
Cash and cash equivalents at beginning of period	59,139	42,863
Cash and cash equivalents at end of period	66,743	42,992
Supplemental disclosure of cash flow information
Cash paid for interest	7,655	6,179
Cash paid for income taxes	3,097	3,384
Loans transferred to other real estate owned	$ 189	$ 1,991

Summary of Significant Accounti

Summary of Significant Accounting Policies	6 Months Ended
	Jun. 30, 2016
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	1. Summary of Significant Accounting Policies Organization and Business First Connecticut Bancorp, Inc. is a Maryland-chartered bank holding company that wholly owns its only subsidiary, Farmington Bank (collectively with its subsidiary, the “Company”). Farmington Bank's main office is located in Farmington, Connecticut. Farmington Bank is a full-service, community bank with 24 branch locations throughout central Connecticut and western Massachusetts, offering commercial and residential lending as well as wealth management services. Farmington Bank's primary source of income is interest accrued on loans to customers, which include small and middle market businesses and individuals residing primarily in Connecticut and western Massachusetts. However, the Bank will selectively lend to borrowers in other northeastern states. Wholly-owned subsidiaries of Farmington Bank are Farmington Savings Loan Servicing, Inc., a passive investment company that was established to service and hold loans collateralized by real property; Village Investments, Inc.; the Village Corp., Limited, and Village Square Holdings, Inc.; 28 Main Street Corp., is a subsidiary that was formed to hold residential other real estate owned and Village Management Corp., is a subsidiary that was formed to hold commercial other real estate owned, are presently inactive. On June 21, 2013, the Company received regulatory approval to repurchase up to 1,676,452 shares, or 10% of its current outstanding common stock. During the six months ended June 30, 2016, the Company had repurchased 156,800 of these shares at a cost of $2.5 million. Repurchased shares are held as treasury stock and are available for general corporate purposes. The Company has 600,945 shares remaining available to be repurchased at June 30, 2016. Basis of Financial Statement Presentation The consolidated financial statements have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission. The Company has condensed or omitted certain information and footnote disclosures normally included in the consolidated financial statements in accordance with accounting principles generally accepted in the United States of America pursuant to such rules and regulations. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair statement have been included. All significant intercompany transactions and balances have been eliminated in consolidation. These consolidated financial statements should be read in conjunction with the audited consolidated financial statements as of and for the year ended December 31, 2015 included in the Company’s 10-K filed on March 11, 2016. The results of operations for the interim periods are not necessarily indicative of the results for the full year. In preparing the consolidated financial statements, management is required to make extensive use of estimates and assumptions that affect the reported amounts of assets and liabilities as of the date of the statement of condition and revenues and expenses for the interim period. Actual results could differ significantly from those estimates. Material estimates that are particularly susceptible to significant change in the near term relate to the determination of the allowance for loan losses, investment security other-than-temporary impairment judgments and investment security valuation. Change in Accounting Estimate During the three months ended June 30, 2016, the Company reduced its estimate for the valuation allowance associated with financial instruments with off-balance sheet risk, based on refining the calculation using the same quantitative and qualitative factors used in estimating the allowance for loan losses. As a result, the Company decreased the valuation allowance associated with financial instruments with off-balance sheet risk by $423,000. The $423,000 reduction in the valuation allowance increased net income for the three and six months ended June 30, 2016 by $275,000, or $0.02 per diluted net earnings per share. Investment Securities Marketable equity and debt securities are classified as either trading, available-for-sale, or held-to-maturity (applies only to debt securities). Management determines the appropriate classifications of securities at the time of purchase. At June 30, 2016 and December 31, 2015, the Company had no debt or equity securities classified as trading. Held-to-maturity securities are debt securities for which the Company has the ability and intent to hold until maturity. All other securities not included in held-to-maturity are classified as available-for-sale. Held-to-maturity securities are recorded at amortized cost, adjusted for the amortization or accretion of premiums or discounts. Premiums and discounts on debt securities are amortized or accreted into interest income over the term of the securities using the level yield method. Available-for-sale securities are recorded at fair value. Unrealized gains and losses, net of the related tax effect, on available-for-sale securities are excluded from earnings and are reported in accumulated other comprehensive income, a separate component of equity, until realized. Further information relating to the fair value of securities can be found within Note 4 of the Notes to Consolidated Financial Statements. In accordance with Financial Accounting Standards Board Accounting Standards Codification ("FASB ASC") 320- “Debt and Equity Securities”, a decline in market value of a debt security below amortized cost that is deemed other-than-temporary is charged to earnings for the credit related other-than-temporary impairment ("OTTI"), resulting in the establishment of a new cost basis for the security, while the non-credit related OTTI is recognized in other comprehensive income if there is no intent or requirement to sell the security. The securities portfolio is reviewed on a quarterly basis for the presence of other-than-temporary impairment. If an equity security is deemed other-than-temporarily impaired, the full impairment is considered to be credit-related and a charge to earnings would be recorded. Gains and losses on sales of securities are recognized at the time of sale on a specific identification basis. Loans Held for Sale Loans originated and intended for sale in the secondary market are carried at the lower of amortized cost or fair value, as determined by aggregate outstanding commitments from investors or current investor yield requirements. Net unrealized losses, if any, are recognized through a valuation allowance by charges to other noninterest income in the accompanying Consolidated Statements of Income. Gains or losses on sales of mortgage loans are recognized based on the difference between the selling price and the carrying value of the related mortgage loans sold on the trade date to net gain on loans sold in the accompanying Consolidated Statements of Income. Loans The Company’s loan portfolio segments include residential real estate, commercial real estate, construction, installment, commercial, collateral, home equity lines of credit, demand, revolving credit and resort. Construction includes classes for commercial and residential construction. Loans that management has the intent and ability to hold for the foreseeable future or until maturity or pay-off generally are reported at their outstanding unpaid principal balances adjusted for charge-offs, the allowance for loan losses, and any deferred fees or costs on originated loans. Interest income is accrued on the unpaid principal balance. Loan origination fees, net of certain direct origination costs, are deferred and recognized as an adjustment of the related loan yield using the interest method. When loans are prepaid, sold or participated out, the unamortized portion is recognized as income or expense at that time. Interest on loans is accrued and recognized in interest income based on contractual rates applied to principal amounts outstanding. Accrual of interest is discontinued, and previously accrued income is reversed, when loan payments are more than 90 days past due or when, in the judgment of management, collectability of the loan or loan interest becomes uncertain. Loans may be returned to accrual status when all principal and interest amounts contractually due (including arrearages) are reasonably assured of repayment within a reasonable period and there is a sustained period of repayment performance (generally a minimum of six months) by the borrower, in accordance with contractual terms involving payment of cash or cash equivalents. The interest on these loans is accounted for on the cash-basis or cost-recovery method, until qualifying for return to accrual status. If a residential real estate, commercial real estate, construction, installment, commercial, collateral, home equity line of credit, demand, revolving credit and resort loan is on non-accrual status cash payments are applied towards the reduction of principal. If loans are considered impaired but accruing, cash payments are applied first to interest income and then as a reduction of principal as specified in the contractual agreement, unless the collection of the remaining principal amount due is considered doubtful. The policy for determining past due or delinquency status for all loan portfolio segments is based on the number of days past due or the contractual terms of the loan. A loan is considered delinquent when the customer does not make their payments due according to their contractual terms. Generally, a loan can be demanded at any time if the loan is delinquent or if the borrower fails to meet any other agreed upon terms and conditions. On a quarterly basis, our loan policy requires that we evaluate for impairment all commercial real estate, construction, commercial and resort loan segments that are classified as non-accrual, loans secured by real property in foreclosure or are otherwise likely to be impaired, non-accruing residential and installment loan segments greater than $100,000 and all troubled debt restructurings. Nonperforming loans consist of non-accruing loans, non-accruing loans identified as trouble debt restructurings and loans past due more than 90 days and still accruing interest. Allowance for Loan Losses The allowance for loan losses is maintained at a level believed adequate by management to absorb potential losses inherent in the loan portfolio as of the statement of condition date. The allowance for loan losses consists of a formula allowance following FASB ASC 450 – “Contingencies” and FASB ASC 310 – “Receivables”. The allowance for loan losses is established as losses are estimated to have occurred through a provision for loan losses charged to earnings. Loan losses are charged against the allowance when management believes the uncollectibility of a loan balance is confirmed. Subsequent recoveries, if any, are credited to the allowance. The allowance for loan losses is evaluated on a quarterly basis by management. This evaluation is inherently subjective as it requires estimates that are susceptible to significant revision as more information becomes available. The allowance consists of general, allocated and unallocated components, as further described below. All reserves are available to cover any losses regardless of how they are allocated. General component: The general component of the allowance for loan losses is based on historical loss experience adjusted for qualitative factors stratified by the following loan segments: residential real estate, commercial real estate, construction, installment, commercial, collateral, home equity line of credit, demand, revolving credit and resort. Construction loans include classes for commercial investment real estate construction, commercial owner occupied construction, residential development, residential subdivision construction and residential owner occupied construction loans. Management uses a rolling average of historical losses based on a time frame appropriate to capture relevant loss data for each loan segment. This historical loss factor is adjusted for the following qualitative factors: levels/trends in delinquencies and nonaccrual loans; trends in volume and terms of loans; effects of changes in risk selection and underwriting standards and other changes in lending policies, procedures and practices; experience/ability/depth of lending management and staff; and national and local economic trends and conditions. There were no material changes in the Company’s policies or methodology pertaining to the general component of the allowance for loan losses during the six months ended June 30, 2016. The qualitative factors are determined based on the various risk characteristics of each loan segment. Risk characteristics relevant to each portfolio segment are as follows: Residential real estate – Residential real estate loans are generally originated in amounts up to 95.0% of the lesser of the appraised value or purchase price of the property, with private mortgage insurance required on loans with a loan-to-value ratio in excess of 80.0%. The Company does not grant subprime loans. All loans in this segment are collateralized by owner-occupied residential real estate and repayment is dependent on the credit quality of the individual borrower. All residential mortgage loans are underwritten pursuant to secondary market underwriting guidelines which include minimum FICO standards. The overall health of the economy, including unemployment rates and housing prices, will have an effect on the credit quality in this segment. Commercial real estate – Loans in this segment are primarily originated to finance income-producing properties throughout the northeastern states. The underlying cash flows generated by the properties may be adversely impacted by a downturn in the economy as evidenced by increased vacancy rates, which in turn, may have an effect on the credit quality in this segment. Management generally obtains rent rolls and other financial information, as appropriate on an annual basis and continually monitors the cash flows of these loans. Construction loans – Loans in this segment include commercial construction loans, real estate subdivision development loans to developers, licensed contractors and builders for the construction and development of commercial real estate projects and residential properties. Construction lending contains a unique risk characteristic as loans are originated under market and economic conditions that may change between the time of origination and the completion and subsequent purchaser financing of the property. In addition, construction subdivision loans and commercial and residential construction loans to contractors and developers entail additional risks as compared to single-family residential mortgage lending to owner-occupants. These loans typically involve large loan balances concentrated in single borrowers or groups of related borrowers. Real estate subdivision development loans to developers, licensed contractors and builders are generally speculative real estate development loans for which payment is derived from sale of the property. Credit risk may be affected by cost overruns, time to sell at an adequate price, and market conditions. Construction financing is generally considered to involve a higher degree of credit risk than longer-term financing on improved, owner-occupied real estate. Residential construction credit quality may be impacted by the overall health of the economy, including unemployment rates and housing prices. Commercial – Loans in this segment are made to businesses and are generally secured by assets of the business. Repayment is expected from the cash flows of the business. A weakened economy, and resultant decreased consumer spending, will have an effect on the credit quality in this segment. Home equity line of credit – Loans in this segment include home equity loans and lines of credit underwritten with a loan-to-value ratio generally limited to no more than 80%, including any first mortgage. Our home equity lines of credit have ten-year terms and adjustable rates of interest which are indexed to the prime rate. The overall health of the economy, including unemployment rates and housing prices, may have an effect on the credit quality in this segment. Installment, Collateral, Demand, Revolving Credit and Resort – Loans in these segments include loans principally to customers residing in our primary market area with acceptable credit ratings. Our installment and collateral consumer loans generally consist of loans on new and used automobiles, loans collateralized by deposit accounts and unsecured personal loans. The overall health of the economy, including unemployment rates and housing prices, may have an effect on the credit quality in this segment. Excluding collateral loans which are fully collateralized by a deposit account, repayment for loans in these segments is dependent on the credit quality of the individual borrower. The resort portfolio consists of a direct receivable loan outside the Northeast which is amortizing to its contractual obligations. The Company has exited the resort financing market with a residual portfolio remaining. Allocated component: The allocated component relates to loans that are classified as impaired. Impairment is measured on a loan by loan basis for commercial real estate, construction, commercial and resort loans by the present value of expected cash flows discounted at the effective interest rate; the fair value of the collateral, if applicable; or the observable market price for the loan. An allowance is established when the discounted cash flows (or collateral value) of the impaired loan is lower than the carrying value of that loan. The Company does not separately identify individual consumer and residential real estate loans for impairment disclosures, unless such loans are subject to a troubled debt restructuring agreement or they are nonaccrual loans with outstanding balances greater than $100,000. A loan is considered impaired when, based on current information and events, it is probable that the Company will be unable to collect the scheduled payments of principal or interest when due according to the contractual terms of the loan agreement. Factors considered by management in determining impairment include payment status, collateral value, and the probability of collecting scheduled principal and interest payments when due. Loans that experience insignificant payment delays and payment shortfalls generally are not classified as impaired. Management determines the significance of payment delays and payment shortfalls on a case-by-case basis, taking into consideration all of the circumstances surrounding the loan and the borrower, including the length of the delay, the reasons for the delay, the borrower’s prior payment record, and the amount of the shortfall in relation to the principal and interest owed. Impairment is measured on a loan-by-loan basis for commercial and construction loans by the present value of expected future cash flows discounted at the loan’s effective interest rate, the loan’s obtainable market price or the fair value of the collateral if the loan is collateral dependent. Management updates the analysis quarterly. The assumptions used in appraisals are reviewed for appropriateness. Updated appraisals or valuations are obtained as needed or adjusted to reflect the estimated decline in the fair value based upon current market conditions for comparable properties. The Company periodically may agree to modify the contractual terms of loans. When a loan is modified and a concession is made to a borrower experiencing financial difficulty, the modification is considered a troubled debt restructuring ("TDR"). All TDRs are classified as impaired. Unallocated component: An unallocated component is maintained, when needed, to cover uncertainties that could affect management’s estimate of probable losses. The unallocated component of the allowance reflects the margin of imprecision inherent in the underlying assumptions used in the methodologies for estimating allocated and general reserves in the portfolio. The Company’s Loan Policy allows management to utilize a high and low range of 0.0% to 5.0% of our total allowance for loan losses when establishing an unallocated allowance, when considered necessary. The unallocated allowance is used to provide for an unidentified loss that may exist in emerging problem loans that cannot be fully quantified or may be affected by conditions not fully understood as of the balance sheet date. There was no unallocated allowance at June 30, 2016 and December 31, 2015. Troubled Debt Restructuring A loan is considered a troubled debt restructuring (“TDR”) when the Company, for economic or legal reasons related to the borrower’s financial difficulties, grants a concession to the borrower in modifying or renewing the loan the Company would not otherwise consider. In connection with troubled debt restructurings, terms may be modified to fit the ability of the borrower to repay in line with their current financial status, which may include a reduction in the interest rate to market rate or below, a change in the term or movement of past due amounts to the back-end of the loan or refinancing. A loan is placed on non-accrual status upon being restructured, even if it was not previously, unless the modified loan was current for the six months prior to its modification and we believe the loan is fully collectable in accordance with its new terms. The Company’s policy to restore a restructured loan to performing status is dependent on the receipt of regular payments, generally for a period of six months and one calendar year-end. All troubled debt restructurings are classified as impaired loans and are reviewed for impairment by management on a quarterly basis per Company policy. Foreclosed Real Estate Real estate acquired through foreclosure comprises properties acquired in partial or total satisfaction of problem loans. The properties are acquired through foreclosure proceedings or acceptance of a deed in lieu of foreclosure. At the time these properties are foreclosed, the properties are initially recorded at the fair value at the date of foreclosure less estimated selling costs. Losses arising at the time of acquisition of such properties are charged against the allowance for loan losses. Subsequent loss provisions are charged to the foreclosed real estate valuation allowance and expenses incurred to maintain the properties are charged to noninterest expense. Properties are evaluated regularly to ensure the recorded amounts are supported by current fair values, and a charge to operations is recorded as necessary to reduce the carrying amount to fair value less estimated costs to dispose. Revenue and expense from the operation of other real estate owned and the provision to establish and adjust valuation allowances are included in noninterest expenses. Costs relating to the development and improvement of the property are capitalized, subject to the limit of fair value of the collateral. In the Consolidated Statements of Financial Condition, total prepaid expenses and other assets include foreclosed real estate of $279,000 as of June 30, 2016 and December 31, 2015, with no specific valuation allowance. The recorded investment of consumer mortgage loans secured by residential real estate properties for which formal foreclosure proceedings are in process according to local requirements of the applicable jurisdiction totaled $3.9 million at June 30, 2016. Pension and Other Postretirement Benefit Plans The Company’s non-contributory defined-benefit pension plan and certain defined benefit postretirement plans were frozen as of February 28, 2013 and no additional benefits will accrue. The Company has a non-contributory defined benefit pension plan that provides benefits for substantially all employees hired before January 1, 2007 who meet certain requirements as to age and length of service. The benefits are based on years of service and average compensation, as defined in the Plan Document. The Company’s funding practice is to meet the minimum funding standards established by the Employee Retirement Income Security Act of 1974. In addition to providing pension benefits, we provide certain health care and life insurance benefits for retired employees. Participants or eligible employees hired before January 1, 1993 become eligible for the benefits if they retire after reaching age 62 with fifteen or more years of service. A fixed percent of annual costs are paid depending on length of service at retirement. The Company accrues for the estimated costs of these other post-retirement benefits through charges to expense during the years that employees render service. The Company makes contributions to cover the current benefits paid under this plan. The Company believes the policy for determining pension and other post-retirement benefit expenses is critical because judgments are required with respect to the appropriate discount rate, rate of return on assets and other items. The Company reviews and updates the assumptions annually. If the Company’s estimate of pension and post-retirement expense is too low it may experience higher expenses in the future, reducing its net income. If the Company’s estimate is too high, it may experience lower expenses in the future, increasing its net income. Income Taxes Deferred income taxes are provided for differences arising in the timing of income and expenses for financial reporting and for income tax purposes. Deferred income taxes and tax benefits are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax basis. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The Company provides a deferred tax asset valuation allowance for the estimated future tax effects attributable to temporary differences and carryforwards when realization is determined not to be more likely than not. FASB ASC 740-10 prescribes a recognition threshold that a tax position is required to meet before being recognized in the financial statements and provides guidance on derecognition, measurement, classification, interest and penalties, accounting in interim periods, disclosure and transition issues. Pursuant to FASB ASC 740-10, the Company examines its financial statements, its income tax provision and its federal and state income tax returns and analyzes its tax positions, including permanent and temporary differences, as well as the major components of income and expense to determine whether a tax benefit is more likely than not to be sustained upon examination by tax authorities. The Company recognizes interest and penalties arising from income tax settlements as part of its provision for income taxes. Recent Accounting Pronouncements 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.” ASU 2014-15 provides guidance in accounting principles generally accepted in the United States of America about management’s responsibility to evaluate whether there is substantial doubt about an entity’s ability to continue as a going concern and to provide related footnote disclosures. ASU 2014-15 is effective for the annual period ending after December 15, 2016, and for annual periods and interim periods thereafter. Early application is permitted. The Company does not expect ASU 2014-15 to have a significant impact on its financial statements. In August 2015, the FASB issued ASU No. 2015-14 "Revenue from Contracts with Customers (Topic 606)." In May 2014, the FASB issued Accounting Standards Update No. 2014-09, Revenue from Contracts with Customers (Topic 606), with an original effective date for annual reporting periods beginning after December 15, 2016. The core principle of the guidance is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods and services. ASU 2015-14 deferred the effective date of ASU 2014-09 to annual periods and interim periods within those annual periods beginning after December 15, 2017. The amendments can be applied retrospectively to each prior reporting period or retrospectively with the cumulative effect of initially applying this Update recognized at the date of initial application. Early application is not permitted. The Company is assessing the impact of ASU 2015-14 on its accounting and disclosures. In January 2016, the FASB issued ASU 2016-01, "Financial Instruments—Overall (Topic 825-10): "Recognition and Measurement of Financial Assets and Financial Liabilities." ASU 2016-01 amends the guidance on the classification and measurement of financial instruments. Some of the amendments in ASU 2016-01 include the following: 1) requires equity investments (except those accounted for under the equity method of accounting or those that result in consolidation of the investee) to be measured at fair value with changes in fair value recognized in net income; 2) simplifies the impairment assessment of equity investments without readily determinable fair values by requiring a qualitative assessment to identify impairment; 3) requires public business entities to use the exit price notion when measuring the fair value of financial instruments for disclosure purposes; and 4) requires an entity to present separately in other comprehensive income the portion of the total change in the fair value of a liability resulting from a change in the instrument-specific credit risk when the entity has elected to measure the liability at fair value; among others. For public business entities, the amendments of ASU 2016-01 are effective for fiscal years beginning after December 15, 2017, including interim periods within those fiscal years. The Company is assessing the impact of ASU 2016-01 on its accounting and disclosures. In February 2016, the FASB issued ASU No. 2016-02 "Leases (Topic 842)." ASU 2016-02 supersedes Topic 840, Leases. This ASU is to increase transparency and comparability among organizations by recognizing lease assets and lease liabilities on the balance sheet and disclosing key information about leasing arrangements. Some of the provisions in ASU 2016-02 include the following: 1) requires lessees to recognize a right-of-use asset and a lease liability for virtually all of their leases (other than leases that meet the definition of a short-term lease), 2) requires lessor accounting to be updated to align with certain changes to the lessee model and the new revenue recognition standard, 3) an arrangement contains an embedded lease if property, plant, or equipment is explicitly or implicitly identified and its use is controlled by the customer, 4) in certain circumstances, the lessee is required to remeasure the lease payments, and 5) requires extensive quantitative and qualitative disclosures, including significant judgments made by management, will be required to provide greater insight into the extent of revenue and expense recognized and expected to be recognized from existing contracts. For public business entities, ASU 2016-02 is effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. The Company is assessing the impact of ASU 2016-02 on its accounting and disclosures. In March 2016, the FASB issued ASU No. 2016-07 "Investments – Equity Method and Joint Ventures (Topic 323) Simplifying the Transition to the Equity Method of Accounting." This ASU eliminates the requirement that when an investment qualifies for use of the equity method as a result of an increase in the level of ownership interest or degree of influence, an investor must adjust the investment, results of operations, and retained earnings retroactively on a step-by step basis as if the equity method had been in effect during all previous periods that the investment had been held. The amendments require that the equity method investor add the cost of acquiring the additional interest in the investee to the current basis of the investor’s previously held interest a

Restrictions on Cash and Due fr

Restrictions on Cash and Due from Banks	6 Months Ended
	Jun. 30, 2016
Restrictions On Cash and Due From Banks [Abstract]
Restrictions on Cash and Due from Banks	2. Restrictions on Cash and Due from Banks The Company is required to maintain a percentage of transaction account balances on deposit in non-interest-earning reserves with the Federal Reserve Bank, offset by the Company’s average vault cash. The Company also is required to maintain cash balances to collateralize the Company’s position with certain third parties. The Company had cash and liquid assets of approximately $29.5 million and $17.7 million to meet these requirements at June 30, 2016 and December 31, 2015, respectively.

Earnings Per Share

Earnings Per Share	6 Months Ended
	Jun. 30, 2016
Earnings Per Share [Abstract]
Earnings Per Share	3. Earnings Per Share The following table sets forth the calculation of basic and diluted earnings per share: Three Months Ended June 30, Six Months Ended June 30, 2016 2015 2016 2015 (Dollars in thousands, except per share data): Net income $ 3,643 $ 3,472 $ 7,256 $ 5,983 Less: Dividends to participating shares (9 ) (13 ) (18 ) (26 ) Income allocated to participating shares (22 ) (47 ) (43 ) (77 ) Net income allocated to common stockholders $ 3,612 $ 3,412 $ 7,195 $ 5,880 Weighted-average shares issued 17,976,893 18,006,129 17,976,893 18,006,129 Less: Average unallocated ESOP shares (921,744 ) (1,017,278 ) (933,600 ) (1,029,017 ) Average treasury stock (2,163,407 ) (2,034,097 ) (2,173,831 ) (2,005,332 ) Average unvested restricted stock (126,290 ) (260,282 ) (126,290 ) (263,565 ) Weighted-average basic shares outstanding 14,765,452 14,694,472 14,743,172 14,708,215 Plus: Average dilutive shares 311,839 144,982 300,383 136,779 Weighted-average diluted shares outstanding 15,077,291 14,839,454 15,043,555 14,844,994 Net earnings per share (1) Basic $ 0.24 $ 0.23 $ 0.49 $ 0.40 Diluted $ 0.24 $ 0.23 $ 0.48 $ 0.40 (1) Certain per share amounts may not appear to reconcile due to rounding. For the six months ended June 30, 2016 and 2015, respectively, 59,000 and 93,250 options were anti-dilutive and therefore excluded from the earnings per share calculation.

Investment Securities

Investment Securities	6 Months Ended
	Jun. 30, 2016
Investments, Debt and Equity Securities [Abstract]
Investment Securities	4. Investment Securities Investment securities are summarized as follows: June 30, 2016 Recognized in OCI Not Recognized in OCI Gross Gross Gross Gross Amortized Unrealized Unrealized Carrying Unrealized Unrealized Fair (Dollars in thousands) Cost Gains Losses Value Gains Losses Value Available-for-sale Debt securities: U.S. Treasury obligations $ 30,796 $ 340 $ - $ 31,136 $ - $ - $ 31,136 U.S. Government agency obligations 106,991 267 (3 ) 107,255 - - 107,255 Government sponsored residential mortgage-backed securities 4,102 170 - 4,272 - - 4,272 Corporate debt securities 1,000 36 - 1,036 - - 1,036 Preferred equity securities 2,000 - (342 ) 1,658 - - 1,658 Marketable equity securities 108 60 (2 ) 166 - - 166 Mutual funds 4,014 - (141 ) 3,873 - - 3,873 Total securities available-for-sale $ 149,011 $ 873 $ (488 ) $ 149,396 $ - $ - $ 149,396 Held-to-maturity Government sponsored residential mortgage-backed securities $ 7,640 $ - $ - $ 7,640 $ 291 $ - $ 7,931 Total securities held-to-maturity $ 7,640 $ - $ - $ 7,640 $ 291 $ - $ 7,931 December 31, 2015 Recognized in OCI Not Recognized in OCI Gross Gross Gross Gross Amortized Unrealized Unrealized Carrying Unrealized Unrealized Fair (Dollars in thousands) Cost Gains Losses Value Gains Losses Value Available-for-sale Debt securities: U.S. Treasury obligations $ 38,782 $ 83 $ (6 ) $ 38,859 $ - $ - $ 38,859 U.S. Government agency obligations 82,002 43 (240 ) 81,805 - - 81,805 Government sponsored residential mortgage-backed securities 4,958 195 - 5,153 - - 5,153 Corporate debt securities 1,000 48 - 1,048 - - 1,048 Preferred equity securities 2,000 - (368 ) 1,632 - - 1,632 Marketable equity securities 108 54 (2 ) 160 - - 160 Mutual funds 3,957 - (190 ) 3,767 - - 3,767 Total securities available-for-sale $ 132,807 $ 423 $ (806 ) $ 132,424 $ - $ - $ 132,424 Held-to-maturity U.S. Government agency obligations $ 24,000 $ - $ - $ 24,000 $ 28 $ (20 ) $ 24,008 Government sponsored residential mortgage-backed securities 8,246 - - 8,246 103 - 8,349 Total securities held-to-maturity $ 32,246 $ - $ - $ 32,246 $ 131 $ (20 ) $ 32,357 The following tables summarize gross unrealized losses and fair value, aggregated by investment category and length of time the investments have been in a continuous unrealized loss position at June 30, 2016 and December 31, 2015: June 30, 2016 Less than 12 Months 12 Months or More Total Gross Gross Gross Number of Fair Unrealized Fair Unrealized Fair Unrealized (Dollars in thousands) Securities Value Loss Value Loss Value Loss Available-for-sale: U.S. Government agency obligations 1 $ 9,998 $ (3 ) $ - $ - $ 9,998 $ (3 ) Preferred equity securities 1 - - 1,658 (342 ) 1,658 (342 ) Marketable equity securities 1 - - 4 (2 ) 4 (2 ) Mutual funds 1 - - 3,873 (141 ) 3,873 (141 ) Total investment securities in an unrealized loss position 4 $ 9,998 $ (3 ) $ 5,535 $ (485 ) $ 15,533 $ (488 ) December 31, 2015 Less than 12 Months 12 Months or More Total Gross Gross Gross Number of Fair Unrealized Fair Unrealized Fair Unrealized (Dollars in thousands) Securities Value Loss Value Loss Value Loss Available-for-sale: U.S. Treasury obligations 4 $ 19,935 $ (6 ) $ - $ - $ 19,935 $ (6 ) U.S. Government agency obligations 7 56,762 (240 ) - - 56,762 (240 ) Preferred equity securities 1 - - 1,632 (368 ) 1,632 (368 ) Marketable equity securities 1 - - 5 (2 ) 5 (2 ) Mutual funds 1 - - 2,768 (190 ) 2,768 (190 ) 14 $ 76,697 $ (246 ) $ 4,405 $ (560 ) $ 81,102 $ (806 ) Held-to-maturity U.S. Government agency obligations 1 $ 6,980 $ (20 ) $ - $ - $ 6,980 $ (20 ) 1 6,980 (20 ) - - 6,980 (20 ) Total investment securities in an unrealized loss position 15 $ 83,677 $ (266 ) $ 4,405 $ (560 ) $ 88,082 $ (826 ) Management believes that no individual unrealized loss as of June 30, 2016 represents an other-than-temporary impairment (“OTTI”), based on its detailed review of the securities portfolio. The Company has no intent to sell nor is it more likely than not that the Company will be required to sell any of the securities in a loss position during the period of time necessary to recover the unrealized losses, which may be until maturity. The following summarizes the conclusions from our OTTI evaluation for those security types that incurred significant gross unrealized losses greater than twelve months as of June 30, 2016: Preferred equity securities - The unrealized loss on preferred equity securities in a loss position for 12 months or more relates to one preferred equity security. This investment is in a global financial institution. When estimating the recovery period for securities in an unrealized loss position, management utilizes analyst forecasts, earnings assumptions and other company-specific financial performance metrics. In addition, this assessment incorporates general market data, industry and sector cycles and related trends to determine a reasonable recovery period. Management evaluated the near-term prospects of the issuer in relation to the severity and duration of the impairment. Management concluded that the preferred equity security is not other-than-temporarily impaired at June 30, 2016. Mutual funds - The unrealized loss on mutual funds in a loss position for 12 months or more relates to one mutual fund. The fund invests primarily in high quality debt securities and other debt instruments supporting the affordable housing industry in areas of the United States designated by fund shareholders. When estimating the recovery period for securities in an unrealized loss position, management utilizes analyst forecasts, earnings assumptions and other fund-specific financial performance metrics. In addition, this assessment incorporates general market data, industry and sector cycles and related trends to determine a reasonable recovery period. Management evaluated the near-term prospects of the fund in relation to the severity and duration of the impairment. Management concluded that the mutual fund is not other-than-temporarily impaired at June 30, 2016. The Company recorded no other-than-temporary impairment charges to the investment securities portfolios for the three and six months ended June 30, 2016 and 2015. There were no gross realized gains on sales of securities available-for-sale for the three and six months ended June 30, 2016. There were gross realized gains on sales of securities available-for-sale totaling $1.3 million and $1.5 million for the three and six months ended June 30, 2015, respectively As of June 30, 2016 and December 31, 2015, U.S. Treasury, U.S. Government agency obligations and Government sponsored residential mortgage-backed securities with a fair value of $130.6 million and $112.4 million, respectively, were pledged as collateral for loan derivatives, public funds, repurchase liabilities and repurchase agreement borrowings. The amortized cost and estimated fair value of debt securities at June 30, 2016 and December 31, 2015 by contractual maturity are shown below. Expected maturities may differ from contractual maturities because borrowers may have the right to call or repay obligations with or without call or repayment penalties: June 30, 2016 Available-for-Sale Held-to-Maturity Estimated Estimated Amortized Fair Amortized Fair Cost Value Cost Value (Dollars in thousands) Due in one year or less $ 24,481 $ 24,493 $ - $ - Due after one year through five years 114,306 114,934 - - Due after five years through ten years - - - - Due after ten years - - - - Government sponsored residential mortgage-backed securities 4,102 4,272 7,640 7,931 $ 142,889 $ 143,699 $ 7,640 $ 7,931 December 31, 2015 Available-for-Sale Held-to-Maturity Estimated Estimated Amortized Fair Amortized Fair Cost Value Cost Value (Dollars in thousands) Due in one year or less $ 54,499 $ 54,511 $ - $ - Due after one year through five years 67,285 67,201 24,000 24,008 Due after five years through ten years - - - - Due after ten years - - - - Government sponsored residential mortgage-backed securities 4,958 5,153 8,246 8,349 $ 126,742 $ 126,865 $ 32,246 $ 32,357 Federal Home Loan Bank of Boston (“FHLBB”) Stock The Company, as a member of the FHLBB, owned $18.2 million and $21.7 million of FHLBB capital stock at June 30, 2016 and December 31, 2015, respectively, which is equal to its FHLBB capital stock requirement. The Company evaluated its FHLBB capital stock for potential other-than-temporary impairment at June 30, 2016. Capital adequacy, credit ratings, the value of the stock, overall financial condition of the FHLB system and FHLBB as well as current economic factors was analyzed in the impairment analysis. The Company concluded that its position in FHLBB capital stock is not other-than-temporarily impaired at June 30, 2016. Alternative Investments Alternative investments, which totaled $2.5 million at June 30, 2016 and December 31, 2015, are included in other assets in the accompanying Consolidated Statements of Financial Condition. The Company’s alternative investments include investments in certain non-public funds, which include limited partnerships, an equity fund and membership stocks. These investments are held at cost and were evaluated for potential other-than-temporary impairment at June 30, 2016. The Company recognized a $47,000 and $113,000 other-than-temporary impairment charge on its limited partnerships for the six months ended June 30, 2016 and 2015, respectively, included in other noninterest income in the accompanying Consolidated Statements of Income. The Company recognized profit distributions in its limited partnerships of $178,000 and $42,000 for the six months ended June 30, 2016 and 2015, respectively. See a further discussion of fair value in Note 15 - Fair Value Measurements. The Company has $619,000 in unfunded commitments remaining for its alternative investments as of June 30, 2016.

Loans and Allowance for Loan Lo

Loans and Allowance for Loan Losses	6 Months Ended
	Jun. 30, 2016
Receivables [Abstract]
Loans and Allowance for Loan Losses	5. Loans and Allowance for Loan Losses Loans consisted of the following: June 30, December 31, 2016 2015 (Dollars in thousands) Real estate: Residential $ 842,427 $ 849,722 Commercial 922,643 887,431 Construction 41,466 30,895 Installment 3,267 2,970 Commercial 437,046 409,550 Collateral 1,689 1,668 Home equity line of credit 171,212 174,701 Revolving credit 79 91 Resort 535 784 Total loans 2,420,364 2,357,812 Net deferred loan costs 3,776 3,984 Loans 2,424,140 2,361,796 Allowance for loan losses (20,720 ) (20,198 ) Loans, net $ 2,403,420 $ 2,341,598 Changes in the allowance for loan losses by segments for the three and six months ended June 30, 2016 and 2015 are as follows: For the Three Months Ended June 30, 2016 Balance at Charge-offs Recoveries Provision for Balance at (Dollars in thousands) Real estate Residential $ 3,926 $ - $ 1 $ (183 ) $ 3,744 Commercial 10,245 - - 244 10,489 Construction 296 - - 31 327 Installment 40 - - (1 ) 39 Commercial 4,247 (191 ) 1 573 4,630 Collateral - - - - - Home equity line of credit 1,420 - - 71 1,491 Revolving credit - (72 ) 6 66 - Resort - - - - - $ 20,174 $ (263 ) $ 8 $ 801 $ 20,720 For the Three Months Ended June 30, 2015 Balance at Charge-offs Recoveries Provision for Balance at (Dollars in thousands) Real estate Residential $ 4,383 $ (45 ) $ 16 $ 98 $ 4,452 Commercial 8,917 (213 ) - 297 9,001 Construction 472 - - (111 ) 361 Installment 40 (1 ) - (3 ) 36 Commercial 3,427 (18 ) - 336 3,745 Collateral - - - - - Home equity line of credit 1,993 - - (7 ) 1,986 Revolving credit - (59 ) 6 53 - Resort - - - - - $ 19,232 $ (336 ) $ 22 $ 663 $ 19,581 For the Six Months Ended June 30, 2016 Balance at Charge-offs Recoveries Provision for Balance at (Dollars in thousands) Real estate Residential $ 4,084 $ (24 ) $ 1 $ (317 ) $ 3,744 Commercial 10,255 - - 234 10,489 Construction 231 - - 96 327 Installment 39 (1 ) - 1 39 Commercial 4,119 (342 ) 10 843 4,630 Collateral - (10 ) - 10 - Home equity line of credit 1,470 - - 21 1,491 Revolving credit - (147 ) 17 130 - Resort - - - - - $ 20,198 $ (524 ) $ 28 $ 1,018 $ 20,720 For the Six Months Ended June 30, 2015 Balance at Charge-offs Recoveries Provision for Balance at (Dollars in thousands) Real estate Residential $ 4,382 $ (193 ) $ 16 $ 247 $ 4,452 Commercial 8,949 (213 ) - 265 9,001 Construction 478 - - (117 ) 361 Installment 41 (3 ) - (2 ) 36 Commercial 3,250 (20 ) - 515 3,745 Collateral - - - - - Home equity line of credit 1,859 (138 ) - 265 1,986 Revolving credit - (121 ) 15 106 - Resort 1 - - (1 ) - $ 18,960 $ (688 ) $ 31 $ 1,278 $ 19,581 The following table lists the allocation of the allowance by impairment methodology and by loan segment at June 30, 2016 and December 31, 2015: June 30, 2016 December 31, 2015 Reserve Reserve (Dollars in thousands) Total Allocation Total Allocation Loans individually evaluated for impairment: Real estate: Residential $ 12,364 $ 120 $ 12,377 $ 139 Commercial 15,746 10 16,152 26 Construction 4,719 - 4,719 - Installment 239 7 259 8 Commercial 2,997 291 6,023 361 Collateral - - - - Home equity line of credit 1,617 - 703 - Revolving credit - - - - Resort 535 - 784 - 38,217 428 41,017 534 Loans collectively evaluated for impairment: Real estate: Residential $ 834,599 $ 3,624 $ 841,921 $ 3,945 Commercial 906,190 10,479 870,757 10,229 Construction 36,747 327 26,176 231 Installment 3,020 32 2,695 31 Commercial 434,004 4,339 403,473 3,758 Collateral 1,689 - 1,668 - Home equity line of credit 169,595 1,491 173,998 1,470 Revolving credit 79 - 91 - Resort - - - - 2,385,923 20,292 2,320,779 19,664 Total $ 2,424,140 $ 20,720 $ 2,361,796 $ 20,198 The following is a summary of loan delinquencies at recorded investment values at June 30, 2016 and December 31, 2015: June 30, 2016 30-59 Days 60-89 Days > 90 Days Past Due 90 (Dollars in thousands) Past Due Past Due Past Due Total and Still Number Amount Number Amount Number Amount Number Amount Accruing Real estate: Residential 13 $ 2,035 7 $ 911 14 $ 6,538 34 $ 9,484 $ - Commercial - - - - 1 941 1 941 - Construction - - - - 1 187 1 187 - Installment - - 1 26 - - 1 26 - Commercial - - - - 4 989 4 989 - Collateral 2 20 - - - - 2 20 - Home equity line of credit - - 2 460 1 69 3 529 - Demand 1 30 - - - - 1 30 - Revolving credit - - - - - - - - - Resort - - - - - - - - - Total 16 $ 2,085 10 $ 1,397 21 $ 8,724 47 $ 12,206 $ - December 31, 2015 30-59 Days 60-89 Days > 90 Days Past Due 90 (Dollars in thousands) Past Due Past Due Past Due Total and Still Number Amount Number Amount Number Amount Number Amount Accruing Real estate: Residential 18 $ 3,379 5 $ 863 15 $ 6,304 38 $ 10,546 $ - Commercial 2 318 - - 1 994 3 1,312 - Construction - - - - 1 187 1 187 - Installment 3 38 - - - - 3 38 - Commercial 4 153 - - 2 1,752 6 1,905 - Collateral 7 68 - - 1 10 8 78 - Home equity line of credit 3 280 2 360 2 210 7 850 - Demand 1 29 - - - - 1 29 - Revolving credit - - - - - - - - - Resort - - - - - - - - - Total 38 $ 4,265 7 $ 1,223 22 $ 9,457 67 $ 14,945 $ - Nonperforming assets consist of non-accruing loans including non-accruing loans identified as troubled debt restructurings, loans past due more than 90 days and still accruing interest and other real estate owned. The following table lists nonperforming assets at: June 30, December 31, (Dollars in thousands) 2016 2015 Nonaccrual loans: Real estate: Residential $ 9,385 $ 9,773 Commercial 1,040 1,106 Construction 187 187 Installment 26 32 Commercial 2,311 3,232 Collateral 11 10 Home equity line of credit 563 573 Revolving credit - - Resort - - Total nonaccruing loans 13,523 14,913 Loans 90 days past due and still accruing - - Other real estate owned 279 279 Total nonperforming assets $ 13,802 $ 15,192 The following is a summary of information pertaining to impaired loans at June 30, 2016 and December 31, 2015: June 30, 2016 December 31, 2015 Unpaid Unpaid Recorded Principal Related Recorded Principal Related (Dollars in thousands) Investment Balance Allowance Investment Balance Allowance Impaired loans without a valuation allowance: Real estate: Residential $ 11,628 $ 13,052 $ - $ 11,530 $ 12,878 $ - Commercial 12,852 12,967 - 13,233 13,303 - Construction 4,719 4,965 - 4,719 4,965 - Installment 214 230 - 202 202 - Commercial 1,988 2,167 - 3,921 4,066 - Collateral - - - - - - Home equity line of credit 1,617 1,642 - 703 719 - Revolving credit - - - - - - Resort 535 535 - 784 784 - Total 33,553 35,558 - 35,092 36,917 - Impaired loans with a valuation allowance: Real estate: Residential 736 755 120 847 881 139 Commercial 2,894 2,894 10 2,919 2,919 26 Construction - - - - - - Installment 25 25 7 57 72 8 Commercial 1,009 1,698 291 2,102 2,457 361 Collateral - - - - - - Home equity line of credit - - - - - - Revolving credit - - - - - - Resort - - - - - - Total 4,664 5,372 428 5,925 6,329 534 Total impaired loans $ 38,217 $ 40,930 $ 428 $ 41,017 $ 43,246 $ 534 The following table summarizes average recorded investment and interest income recognized on impaired loans: Three Months Six Months Three Months Six Months Ended Ended Ended Ended June 30, June 30, June 30, June 30, June 30, June 30, 2016 2016 2016 2015 2015 2015 Average Interest Interest Average Interest Interest Recorded Income Income Recorded Income Income (Dollars in thousands) Investment Recognized Recognized Investment Recognized Recognized Impaired loans without a valuation allowance: Real estate: Residential $ 11,260 $ 24 $ 48 $ 7,934 $ 26 $ 53 Commercial 13,138 132 271 14,016 147 289 Construction 4,719 34 69 3,586 34 68 Installment 220 3 6 230 4 7 Commercial 3,101 8 19 3,879 26 55 Collateral - - - - - - Home equity line of credit 1,195 8 10 953 - 2 Revolving Credit - - - - - - Resort 721 6 13 859 7 14 Total 34,354 215 436 31,457 244 488 Impaired loans with a valuation allowance: Real estate: Residential 855 8 19 3,652 9 18 Commercial 2,913 35 70 4,674 35 87 Construction - - - - - - Installment 34 - - 29 - - Commercial 1,966 1 2 1,417 5 10 Collateral - - - - - - Home equity line of credit - - - - - - Revolving Credit - - - - - - Resort - - - - - - Total 5,768 44 91 9,772 49 115 Total impaired loans $ 40,122 $ 259 $ 527 $ 41,229 $ 293 $ 603 There was no interest income recognized on a cash basis method of accounting for the three and six months ended June 30, 2016 and 2015. The following tables present information on loans whose terms had been modified in a troubled debt restructuring at June 30, 2016 and December 31, 2015: June 30, 2016 TDRs on Accrual Status TDRs on Nonaccrual Status Total TDRs (Dollars in thousands) Number of Recorded Number of Recorded Number of Recorded Real estate: Residential 14 $ 2,529 9 $ 4,761 23 $ 7,290 Commercial 4 6,544 - - 4 6,544 Construction 1 4,532 1 187 2 4,719 Installment 4 213 1 26 5 239 Commercial 3 414 8 1,323 11 1,737 Collateral - - - - - - Home equity line of credit 8 1,078 1 59 9 1,137 Revolving credit - - - - - - Resort 1 535 - - 1 535 Total 35 $ 15,845 20 $ 6,356 55 $ 22,201 December 31, 2015 TDRs on Accrual Status TDRs on Nonaccrual Status Total TDRs (Dollars in thousands) Number of Recorded Number of Recorded Number of Recorded Real estate: Residential 14 $ 2,242 11 $ 5,557 25 $ 7,799 Commercial 4 6,664 - - 4 6,664 Construction 1 4,532 1 187 2 4,719 Installment 4 227 2 32 6 259 Commercial 6 2,350 8 1,482 14 3,832 Collateral - - - - - - Home equity line of credit 3 153 - - 3 153 Revolving credit - - - - - - Resort 1 784 - - 1 784 Total 33 $ 16,952 22 $ 7,258 55 $ 24,210 The recorded investment balance of TDRs were $22.2 million and $24.2 million at June 30, 2016 and December 31, 2015, respectively. At June 30, 2016 and December 31, 2015, the majority of the Company’s TDRs are on accrual status. TDRs on accrual status were $15.8 million and $17.0 million while TDRs on nonaccrual status were $6.4 million and $7.3 million at June 30, 2016 and December 31, 2015, respectively. At June 30, 2016, 100% of the accruing TDRs have been performing in accordance with the restructured terms. At June 30, 2016 and December 31, 2015, the allowance for loan losses included specific reserves of $265,000 and $340,000 related to TDRs, respectively. For the six months ended June 30, 2016 and 2015, the Bank had charge-offs totaling $-0- and $204,000, respectively, related to portions of TDRs deemed to be uncollectible. The Bank may provide additional funds to borrowers in TDR status. The amount of additional funds available to borrowers in TDR status was $265,000 and $272,000 at June 30, 2016 and December 31, 2015, respectively. The following tables include the recorded investment and number of modifications for modified loans. The Company reports the recorded investment in the loans prior to a modification and also the recorded investment in the loans after the loans were restructured for the three and six months ended June 30, 2016 and 2015: For the Three Months Ended June 30, 2016 For the Six Months Ended June 30, 2016 (Dollars in thousands) Number of Recorded Recorded Investment After Modification (1) Number of Recorded Recorded Investment After Modification (1) Troubled Debt Restructurings: Home equity line of credit 3 $ 141 $ 141 6 $ 985 $ 984 Total 3 $ 141 $ 141 6 $ 985 $ 984 For the Three Months Ended June 30, 2015 For the Six Months Ended June 30, 2015 (Dollars in thousands) Number of Recorded Recorded Investment After Modification (1) Number of Recorded Recorded Investment After Modification (1) Troubled Debt Restructurings: Real estate Residential 5 $ 922 $ 922 6 $ 1,043 $ 1,042 Commercial 1 493 490 Installment - - - 1 44 43 Commercial 2 34 34 3 132 131 Home equity line of credit 1 26 26 3 153 153 Total 8 $ 982 $ 982 14 $ 1,865 $ 1,859 (1) The period end balances are inclusive of all partial paydowns and charge-offs since the modification date. TDRs fully paid off, charged-off or foreclosed upon by period end are not included. The following tables provide TDR loans that were modified by means of extended maturity, below market adjusted interest rates, a combination of rate and maturity, or by other means including covenant modifications, forbearance and/or the concessions and borrowers discharged in bankruptcy for the three and six months ended June 30, 2016 and 2015: For the Three Months Ended June 30, 2016 (Dollars in thousands) Number of Extended Adjusted Combination Other Total Home equity line of credit 3 $ - $ - $ - $ 141 $ 141 Total 3 $ - $ - $ - $ 141 $ 141 For the Six Months Ended June 30, 2016 (Dollars in thousands) Number of Extended Adjusted Combination Other Total Home equity line of credit 6 $ - $ - $ - $ 984 $ 984 Total 6 $ - $ - $ - $ 984 $ 984 For the Three Months Ended June 30, 2015 (Dollars in thousands) Number of Extended Adjusted Combination Other Total Real estate Residential 5 $ - $ - $ - $ 922 $ 922 Commercial 2 - - 34 - 34 Home equity line of credit 1 - - - 26 26 Total 8 $ - $ - $ 34 $ 948 $ 982 For the Six Months Ended June 30, 2015 (Dollars in thousands) Number of Extended Adjusted Combination Other Total Real estate Residential 6 $ - $ - $ - $ 1,042 $ 1,042 Commercial 1 - - - 490 490 Installment 1 - - - 43 43 Commercial 3 - - 34 97 131 Home Equity line of credit 3 - - - 153 153 Total 14 $ - $ - $ 34 $ 1,825 $ 1,859 A TDR is considered to be in re-default once it is more than 30 days past due following a modification. One TDR loan, a $301,000 residential real estate loan re-defaulted during the twelve month period preceding the modification date during the three and six months ended June 30, 2016. There were no loans that defaulted and had been modified as a TDR during the twelve month period preceding the default date during the three and six months ended June 30, 2015. Credit Quality Information At the time of loan origination, a risk rating based on a nine point grading system is assigned to each commercial-related loan based on the loan officer’s and management’s assessment of the risk associated with each particular loan. This risk assessment is based on an in depth analysis of a variety of factors. More complex loans and larger commitments require the Company’s internal credit risk management department further evaluate the risk rating of the individual loan or relationship, with credit risk management having final determination of the appropriate risk rating. These more complex loans and relationships receive ongoing periodic review to assess the appropriate risk rating on a post-closing basis with changes made to the risk rating as the borrower’s and economic conditions warrant. The Company’s risk rating system is designed to be a dynamic system and we grade loans on a “real time” basis. The Company places considerable emphasis on risk rating accuracy, risk rating justification, and risk rating triggers. The Company’s risk rating process has been enhanced with its implementation of industry-based risk rating “cards.” The cards are used by the loan officers and promote risk rating accuracy and consistency on an institution-wide basis. Most loans are reviewed annually as part of a comprehensive portfolio review conducted by management and/or by an independent loan review firm. More frequent reviews of loans rated low pass, special mention, substandard and doubtful are conducted by the credit risk management department. The Company utilizes an independent loan review consulting firm to review its rating accuracy and the overall credit quality of its loan portfolio. The review is designed to provide an evaluation of the portfolio with respect to risk rating profile as well as with regard to the soundness of individual loan files. The individual loan reviews include an analysis of the creditworthiness of obligors, via appropriate key ratios and cash flow analysis and an assessment of collateral protection. The consulting firm conducts two loan reviews per year aiming at a 65.0% or higher commercial and industrial loans and commercial real estate portfolio penetration. Summary findings of all loan reviews performed by the outside consulting firm are reported to the board of directors and senior management of the Company upon completion. The Company utilizes a point risk rating scale as follows: Risk Rating Definitions Residential and consumer loans are not rated unless they are 45 days or more delinquent, in which case, depending on past-due days, they will be rated 6, 7 or 8. Loans rated 1 – 5, 55: Commercial loans in these categories are considered “pass” rated loans with low to average risk. Loans rated 6: Residential, Consumer and Commercial loans in this category are considered “special mention.” These loans are starting to show signs of potential weakness and are being closely monitored by management. Loans rated 7: Loans in this category are considered “substandard.” Generally, a loan is considered substandard if it is inadequately protected by the current net worth and paying capacity of the obligors and/or the collateral pledged. There is a distinct possibility that the Company will sustain some loss if the weakness is not corrected. Loans rated 8: Loans in this category are considered “doubtful.” Loans classified as doubtful have all the weaknesses inherent in those classified substandard with the added characteristic that the weaknesses make collection or liquidation in full, on the basis of currently existing facts, highly questionable and improbable. Loans rated 9: Loans in this category are considered uncollectible (“loss”) and of such little value that their continuance as loans is not warranted. The following table presents the Company’s loans by risk rating at June 30, 2016 and December 31, 2015: June 30, 2016 (Dollars in thousands) Pass Special Mention Substandard Doubtful Total Real estate: Residential $ 831,732 $ 978 $ 9,717 $ - $ 842,427 Commercial 906,783 7,100 8,760 - 922,643 Construction 36,747 - 4,719 - 41,466 Installment 3,213 28 26 - 3,267 Commercial 418,144 6,257 12,516 129 437,046 Collateral 1,678 - 11 - 1,689 Home equity line of credit 170,460 - 752 - 171,212 Revolving credit 79 - - - 79 Resort 535 - - - 535 Total Loans $ 2,369,371 $ 14,363 $ 36,501 $ 129 $ 2,420,364 December 31, 2015 (Dollars in thousands) Pass Special Mention Substandard Doubtful Total Real estate: Residential $ 838,314 $ 1,154 $ 10,254 $ - $ 849,722 Commercial 867,531 10,861 9,039 - 887,431 Construction 26,176 - 4,719 - 30,895 Installment 2,886 52 32 - 2,970 Commercial 390,719 10,354 8,311 166 409,550 Collateral 1,647 - 21 - 1,668 Home equity line of credit 173,879 229 593 - 174,701 Revolving credit 91 - - - 91 Resort 784 - - - 784 Total Loans $ 2,302,027 $ 22,650 $ 32,969 $ 166 $ 2,357,812 The Company places considerable emphasis on the early identification of problem assets, problem-resolution and minimizing loss exposure. Delinquency notices are mailed monthly to all delinquent borrowers, advising them of the amount of their delinquency. Residential and consumer lending borrowers are typically given 30 days to pay the delinquent payments or to contact us to make arrangements to bring the loan current over a longer period of time. Generally, if a residential or consumer lending borrower fails to bring the loan current within 90 days from the original due date or to make arrangements to cure the delinquency over a longer period of time, the matter is referred to legal counsel and foreclosure or other collection proceedings are initiated. The Company may consider forbearance or a loan restructuring in certain circumstances where a temporary loss of income is the primary cause of the delinquency, and if a reasonable plan is presented by the borrower to cure the delinquency in a reasonable period of time after his or her income resumes. Problem or delinquent borrowers in our commercial real estate, commercial business and resort portfolios are handled on a case-by-case basis, typically by our Special Assets Department. Appropriate problem-resolution and workout strategies are formulated based on the specific facts and circumstances.

Mortgage Servicing Rights

Mortgage Servicing Rights	6 Months Ended
	Jun. 30, 2016
Mortgage Servicing Rights [Abstract]
Mortgage Servicing Rights	6. Mortgage Servicing Rights The Company services residential real estate mortgage loans that it has sold without recourse to third parties. The carrying value of mortgage servicing rights was $4.2 million and $4.4 million at June 30, 2016 and December 31, 2015, respectively, and the balance is included in prepaid expenses and other assets in the accompanying Consolidated Statements of Financial Condition. The fair value of mortgage servicing rights approximated $4.2 million and $5.0 million at June 30, 2016 and December 31, 2015, respectively. Mortgage servicing rights impairment totaling $374,000 and $-0- for the six months ended June 30, 2016 and 2015, respectively, is included as a component of other noninterest income in the accompanying Consolidated Statements of Income. Total loans sold with servicing rights retained were $64.3 million and $36.1 million for the six months ended June 30, 2016 and 2015, respectively. The net gain on loans sold totaled $1.2 million and $932,000 for the six months ended June 30, 2016 and 2015, respectively, and is included in the accompanying Consolidated Statements of Income. The principal balance of loans serviced for others, which are not included in the accompanying Consolidated Statements of Financial Condition, totaled $497.1 million and $457.5 million at June 30, 2016 and December 31, 2015, respectively. Loan servicing fees for others totaling $584,000 and $426,000 for the six months ended June 30, 2016 and 2015, respectively, are included as a component of other noninterest income in the accompanying Consolidated Statements of Income.

Credit Arrangements

Credit Arrangements	6 Months Ended
	Jun. 30, 2016
Debt Disclosure [Abstract]
Credit Arrangements	7. Credit Arrangements The Company has access to a pre-approved line of credit with the Federal Home Loan Bank of Boston (“FHLBB”) for $8.8 million, which was undrawn at June 30, 2016 and December 31, 2015. The Company has access to pre-approved unsecured lines of credit with financial institutions totaling $55.0 million and $45.0 million, which were undrawn at June 30, 2016 and December 31, 2015, respectively. The Company has access to a $3.5 million unsecured line of credit agreement with a bank which expires on August 31, 2016. The line was undrawn at June 30, 2016 and December 31, 2015. The Company maintains a cash balance of $512,500 with certain financial institutions to avoid fees associated with the lines. In accordance with an agreement with the FHLBB, the Company is required to maintain qualified collateral, as defined in the FHLBB Statement of Credit Policy, free and clear of liens, pledges and encumbrances, as collateral for the advances, if any, and the preapproved line of credit. The Company is in compliance with these collateral requirements. FHLBB advances totaled $340.6 million and $377.6 million at June 30, 2016 and December 31, 2015, respectively. Advances from the FHLBB are collateralized by first residential and commercial mortgages and home equity lines of credit with an estimated eligible collateral value of $1.2 billion and $1.3 billion at June 30, 2016 and December 31, 2015, respectively. The Company had available borrowings of $443.7 million and $407.8 million at June 30, 2016 and December 31, 2015, respectively, subject to collateral requirements of the FHLBB. The Company also had letters of credit of $65.5 million and $63.0 million at June 30, 2016 and December 31, 2015, respectively, subject to collateral requirements of the FHLBB. The Company is required to acquire and hold shares of capital stock in the FHLBB in an amount at least equal to the sum of 0.35% of the aggregate principal amount of its unpaid residential mortgage loans and similar obligations at the beginning of each year, or up to 4.5% of its advances (borrowings) from the FHLBB. The carrying value of FHLBB stock approximates fair value based on the redemption provisions of the stock. The Company participates in the Federal Reserve Bank’s discount window loan collateral program that enables the Company to borrow up to $64.4 million and $63.2 million on an overnight basis at June 30, 2016 and December 31, 2015, respectively, and was undrawn as of June 30, 2016 and December 31, 2015. The funding arrangement was collateralized by $134.3 million and $136.6 million in pledged commercial real estate loans as of June 30, 2016 and December 31, 2015, respectively. The Bank has a Master Repurchase Agreement borrowing facility with a broker. Borrowings under the Master Repurchase Agreement are secured by the Company’s investments in certain securities with a fair value of $11.3 million at June 30, 2016 and December 31, 2015. Outstanding borrowings totaled $10.5 million at June 30, 2016 and December 31, 2015. The Bank offers overnight repurchase liability agreements to commercial or municipal customers whose excess deposit account balances are swept daily into collateralized repurchase liability accounts. The overnight repurchase liability agreements do not contain master netting arrangements. The Bank had repurchase liabilities outstanding of $63.0 million and $35.8 million at June 30, 2016 and December 31, 2015, respectively. They are secured by the Company’s investment in specific issues of U.S. Treasury obligations, Government sponsored residential mortgage-backed securities and U.S. Government agency obligations with a market value of $64.5 million and $40.4 million as of June 30, 2016 and December 31, 2015, respectively.

Deposits

Deposits	6 Months Ended
	Jun. 30, 2016
Banking and Thrift [Abstract]
Deposits	8. Deposits Deposit balances are as follows: June 30, December 31, 2016 2015 (Dollars in thousands) Noninterest-bearing demand deposits $ 415,562 $ 401,388 Interest-bearing NOW accounts 429,973 468,054 Money market 498,847 460,737 Savings accounts 229,868 220,389 Time deposits 477,188 440,790 Total interest-bearing deposits 1,635,876 1,589,970 Total deposits $ 2,051,438 $ 1,991,358 The Company has established a relationship to participate in a reciprocal deposit program with other financial institutions as a service to our customers. This program provides enhanced FDIC insurance to participating customers. The Company also has established a relationship for brokered deposits. There were brokered deposits totaling $43.2 million and $44.3 million at June 30, 2016 and December 31, 2015, respectively. Time certificates of deposit in denominations of $250,000 or more approximated $105.1 million and $89.6 million at June 30, 2016 and December 31, 2015, respectively.

Pension and Other Postretiremen

Pension and Other Postretirement Benefit Plans	6 Months Ended
	Jun. 30, 2016
Compensation and Retirement Disclosure [Abstract]
Pension and Other Postretirement Benefit Plans	9. Pension and Other Postretirement Benefit Plans The following tables set forth the components of net periodic pension and benefit costs. Pension Benefits Other Postretirement Benefits Three Months Ended June 30, Three Months Ended June 30, 2016 2015 2016 2015 (Dollars in thousands) Service cost $ - $ - $ 14 $ 14 Interest cost 262 259 30 30 Expected return on plan assets (278 ) (362 ) - - Amortization: - Loss 176 176 - 3 Prior service cost - - (13 ) (13 ) Net periodic benefit cost $ 160 $ 73 $ 31 $ 34 Pension Benefits Other Postretirement Benefits Six Months Ended June 30, Six Months Ended June 30, 2016 2015 2016 2015 (Dollars in thousands) Service cost $ - $ - $ 28 $ 29 Interest cost 525 518 60 61 Expected return on plan assets (556 ) (724 ) - - Amortization: - Loss 352 354 - 6 Prior service cost - - (25 ) (25 ) Net periodic benefit cost $ 321 $ 148 $ 63 $ 71 The Company’s non-contributory defined-benefit pension plan and certain defined benefit postretirement plans were frozen as of February 28, 2013 and no additional benefits will accrue. The Company’s funding practice is to meet the minimum funding standards established by the Employee Retirement Income Security Act of 1974. Since the supplemental plan and the postretirement benefit plans are unfunded, the Company accrues for the estimated costs of these plans through charges to expense during the year that employees render service. The Company makes contributions to cover the current benefits paid under these plans. Employee Stock Ownership Plan The Company established the ESOP to provide eligible employees the opportunity to own Company stock. The Company provided a loan to the Farmington Bank Employee Stock Ownership Plan Trust in the amount needed to purchase up to 1,430,416 shares of the Company’s common stock. The loan bears an interest rate equal to the Wall Street Journal Prime Rate plus one percentage point, adjusted annually, and provides for annual payments of interest and principal over the 15 year term of the loan. At June 30, 2016, the loan had an outstanding balance of $12.0 million and an interest rate of 4.25%. The Bank has committed to make contributions to the ESOP sufficient to support the debt service of the loan. The loan is secured by the unallocated shares purchased. The ESOP compensation expense was $776,000 and $718,000 for the six months ended June 30, 2016 and 2015, respectively. Shares held by the ESOP include the following as of June 30, 2016: Allocated 476,805 Committed to be released 47,420 Unallocated 906,191 1,430,416 The fair value of unallocated ESOP shares was $15.0 million at June 30, 2016.

Stock Incentive Plan

Stock Incentive Plan	6 Months Ended
	Jun. 30, 2016
Disclosure Of Compensation Related Costs, Share-Based Payments [Abstract]
Stock Incentive Plan	10. Stock Incentive Plan In May 2016, the Company’s shareholders approved the First Connecticut Bancorp, Inc. 2016 Stock Incentive Plan (the “2016 Plan”). The 2016 Plan provides for a total of 300,000 shares of common stock for issuance upon the grant or exercise of awards. The Company has not issued any shares from the 2016 Plan as of June 30, 2016. In August 2012, the Company implemented the First Connecticut Bancorp, Inc. 2012 Stock Incentive Plan (the “Plan”). The Plan provides for a total of 2,503,228 shares of common stock for issuance upon the grant or exercise of awards. The Plan allows for the granting of 1,788,020 non-qualified stock options and 715,208 shares of restricted stock. In accordance with generally accepted accounting principles for Share-Based Payments, the Company expenses the fair value of all share-based compensation grants over the requisite service periods. Stock options granted vested 20% immediately and will vest 20% at each annual anniversary of the grant date through 2016 and expire ten years after grant date. The Company recognizes compensation expense for the fair values of these awards, which vest on a straight-line basis over the requisite service period of the awards. Restricted shares granted vested 20% immediately and will vest 20% at each annual anniversary of the grant date through 2016. The product of the number of shares granted and the grant date market price of the Company’s common stock determines the fair value of restricted shares under the Company’s restricted stock plan. The Company recognizes compensation expense for the fair value of restricted shares on a straight-line basis over the requisite service period for the entire award. The Company classifies share-based compensation for employees within “Salaries and employee benefits” and share-based payments for outside directors within “Other operating expenses” in the Consolidated Statements of Income. For the six months ended June 30, 2016 and 2015, the Company recorded $1.3 million and $1.8 million of share-based compensation expense, respectively, comprised of $528,000 and $726,000 of stock option expense, respectively and $767,000 and $1.1 million of restricted stock expense, respectively. Expected future compensation expense relating to the 353,820 non-vested options outstanding at June 30, 2016, is $346,000 over the remaining weighted-average period of 1.29 years. Expected future compensation expense relating to the 126,290 non-vested restricted shares at June 30, 2016, is $282,000 over the remaining weighted-average period of 0.18 years. The fair value of the options awarded is estimated on the date of grant using the Black-Scholes option pricing model that uses the assumptions noted in the following table. Expected volatility is based on the Company’s historical volatility and the historical volatility of a peer group as the Company does not have reliably determined stock price for the period needed that is at least equal to its expected term and the Company’s recent historical volatility may not reflect future expectations. The peer group consisted of financial institutions located in New England and the Mid-Atlantic regions of the United States based on whose common stock is traded on a national securities exchange, asset size, tangible capital ratio and earnings factors. The expected term of options granted is derived from using the simplified method due to the Company not having sufficient historical share option experience upon which to estimate an expected term. The risk-free rate is based on the grant date for a traded zero-coupon U.S. Treasury bond with a term equal to the option’s expected term. Weighted-average assumptions for the six months ended June 30, 2016 and 2015: 2016 2015 Weighted per share average fair value of options granted $ 2.98 $ 3.33 Weighted-average assumptions: Risk-free interest rate 1.59 % 1.51 % Expected volatility 23.11 % 26.03 % Expected dividend yield 2.13 % 1.99 % Weighted-average dividend yield 1.72% - 2.35 % 1.25% - 2.59 % Expected life of options granted 6.0 years 6.0 years The following is a summary of the Company’s stock option activity and related information for its option grants for the six months ended June 30, 2016. Number of Weighted-Average Weighted-Average Aggregate Outstanding at December 31, 2015 1,656,157 $ 13.11 Granted 7,000 16.07 Exercised (93,631 ) 12.99 Forfeited (800 ) 14.17 Expired - - Outstanding at June 30, 2016 1,568,726 $ 13.13 6.30 $ 5,379 Exercisable at June 30, 2016 1,214,906 $ 13.05 6.22 $ 4,267 The total intrinsic value of options exercised during the six months ended June 30, 2016 was $339,000. The following is a summary of the status of the Company’s restricted stock for the six months ended June 30, 2016. Number of Weighted-Average Unvested at December 31, 2015 126,290 $ 12.95 Granted - - Vested - - Forfeited - - Unvested at June 30, 2016 126,290 $ 12.95

Derivative Financial Instrument

Derivative Financial Instruments	6 Months Ended
	Jun. 30, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Financial Instruments	11. Derivative Financial Instruments Non-Hedge Accounting Derivatives/Non-designated Hedges: The Company does not use derivatives for trading or speculative purposes. Interest rate swap derivatives not designated as hedges are offered to certain qualifying commercial customers and to manage the Company’s exposure to interest rate movements but do not meet the strict hedge accounting under FASB ASC 815, “Derivatives and Hedging”. The interest rate swap agreements enable these customers to synthetically fix the interest rate on variable interest rate loans. The customers pay a variable rate and enter into a fixed rate swap agreement with the Company. The credit risk associated with the interest rate swap derivatives executed with these customers is essentially the same as that involved in extending loans and is subject to the Company’s normal credit policies. The Company obtains collateral, if needed, based upon its assessment of the customers’ credit quality. Generally, interest rate swap agreements are offered to “pass” rated customers requesting long-term commercial loans or commercial mortgages in amounts generally of at least $1.0 million. The interest rate swap agreement with our customers is cross-collateralized by the loan collateral. The interest rate swap agreements do not have any embedded interest rate caps or floors. For every variable interest rate swap agreement entered into with a commercial customer, the Company simultaneously enters into a fixed rate interest rate swap agreement with a correspondent bank, agreeing to pay a fixed income stream and receive a variable interest rate swap. The Company is party to master netting agreements with its correspondent banks; however, the Company does not offset assets and liabilities for financial statement presentation purposes. The master netting agreements provide for a single net settlement of all swap agreements, as well as collateral, in the event of default on, or termination of, any one contract. Collateral generally in the form of cash is received or posted by the counterparty with the net liability position, in accordance with contract thresholds. As of June 30, 2016, the Company maintained a cash balance of $25.1 million with a correspondent bank to collateralize its position. The Company has an agreement with a correspondent bank to secure any outstanding receivable in excess of $10.0 million. Credit-risk-related Contingent Features The Company’s agreements with its derivative counterparties contain the following provisions: · if the Company defaults on any of its indebtedness, including default where repayment of the indebtedness has not been accelerated by the lender, then the Company could also be declared in default on its derivative obligations; · if the Company fails to maintain its status as a well/adequately capitalized institution, then the counterparty could terminate the derivative positions, and the Company would be required to settle its obligations under the agreements; · if the Company fails to maintain a specified minimum leverage ratio, then the Company could be declared in default on its derivative obligations; and · if a specified event or condition occurs that materially changes the Company’s creditworthiness in an adverse manner, it may be required to fully collateralize its obligations under the derivative instrument. The Company is in compliance with the above provisions as of June 30, 2016. The Company has established a derivatives policy which sets forth the parameters for such transactions (including underwriting guidelines, rate setting process, maximum maturity, approval and documentation requirements), as well as identifies internal controls for the management of risks related to these hedging activities (such as approval of counterparties, limits on counterparty credit risk, maximum loan amounts, and limits to single dealer counterparties). The interest rate swap derivatives executed with our customers and our counterparties, are marked to market and are included with prepaid expenses and other assets and accrued expenses and other liabilities on the Consolidated Statements of Financial Condition at fair value. The Company had the following outstanding interest rate swaps that were not designated for hedge accounting: June 30, 2016 December 31, 2015 (Dollars in thousands) Consolidated # of Notional Estimated # of Notional Estimated Commercial loan customer interest rate swap position Other Assets 75 $ 341,247 $ 25,546 60 $ 257,693 $ 10,564 Commercial loan customer interest rate swap position Other Liabilities - - - 6 23,411 (78 ) Counterparty interest rate swap position Other Liabilities 75 341,247 (25,837 ) 66 281,104 (10,599 ) The Company recorded the changes in the fair value of non-hedge accounting derivatives as a component of other noninterest income except for interest received and paid which is reported in interest income in the accompanying Consolidated Statements of Income as follows: For The Three Months Ended June 30, 2016 2015 Interest Income MTM Gain Net Impact Interest Income MTM Gain Net Impact (Dollars in thousands) Commercial loan customer interest rate swap position $ (1,441 ) $ 5,190 $ 3,749 $ (1,160 ) $ (4,078 ) $ (5,238 ) Counterparty interest rate swap position 1,441 (5,190 ) (3,749 ) 1,160 4,078 5,238 Total $ - $ - $ - $ - $ - $ - For The Six Months Ended June 30, 2016 2015 Interest Income MTM Gain Net Impact Interest Income MTM Gain Net Impact (Dollars in thousands) Commercial loan customer interest rate swap position $ (2,813 ) $ 14,982 $ 12,169 $ (2,337 ) $ (775 ) $ (3,112 ) Counterparty interest rate swap position 2,813 (14,982 ) (12,169 ) 2,337 775 3,112 Total $ - $ - $ - $ - $ - $ - Mortgage Banking Derivatives Certain derivative instruments, primarily forward sales of mortgage loans and mortgage-backed securities (“MBS”) are utilized by the Company in its efforts to manage risk of loss associated with its mortgage loan commitments and mortgage loans held for sale. Prior to closing and funding certain single-family residential mortgage loans, an interest-rate lock commitment is generally extended to the borrower. During the period from commitment date to closing date, the Company is subject to the risk that market rates of interest may change. If market rates rise, investors generally will pay less to purchase such loans resulting in a reduction in the gain on sale of the loans or, possibly, a loss. In an effort to mitigate such risk, forward delivery sales commitments, under which the Company agrees to deliver whole mortgage loans to various investors or issue MBS, are established. At June 30, 2016, the notional amount of outstanding rate locks totaled approximately $31.8 million. The notional amount of outstanding commitments to sell residential mortgage loans totaled approximately $34.3 million, which included mandatory forward commitments totaling approximately $25.8 million at June 30, 2016. The forward commitments establish the price to be received upon the sale of the related mortgage loan, thereby mitigating certain interest rate risk. There is, however, still certain execution risk specifically related to the Company’s ability to close and deliver to its investors the mortgage loans it has committed to sell.

Offsetting of Financial Assets

Offsetting of Financial Assets and Liabilities	6 Months Ended
	Jun. 30, 2016
Offsetting Of Financial Assets And Liabilities [Abstract]
Offsetting of Financial Assets and Liabilities	12. Offsetting of Financial Assets and Liabilities The following tables present the remaining contractual maturities of the Company’s repurchase agreement borrowings and repurchase liabilities as of June 30, 2016 and December 31, 2015, disaggregated by the class of collateral pledged. June 30, 2016 December 31, 2015 Remaining Contractual Maturity of the Agreements Remaining Contractual Maturity of the Agreements (Dollars in thousands) Overnight Up to One One Year to Total Overnight Up to One One Year to Total Repurchase agreement borrowings U.S. Government agency obligations $ - $ - $ 6,000 $ 6,000 $ - $ - $ 6,000 $ 6,000 Government sponsored residential mortgage-backed securities - - 4,500 4,500 - - 4,500 4,500 Total repurchase agreement borrowings - - 10,500 10,500 - - 10,500 10,500 Repurchase liabilities U.S. Government agency obligations 63,027 - - 63,027 35,769 - - 35,769 Total repurchase liabilities 63,027 - - 63,027 35,769 - - 35,769 Total $ 63,027 $ - $ 10,500 $ 73,527 $ 35,769 $ - $ 10,500 $ 46,269 The right of setoff for a repurchase agreement resembles a secured borrowing, whereby the collateral pledged by the Company would be used to settle the fair value of the repurchase agreements should the Company be in default (e.g., fail to make an interest payment to the counterparty). The collateral is held by a third party financial institution in the Company's trustee account. The counterparty has the right to sell or repledge the investment securities if the Company defaults. The Company is required by the counterparty to maintain adequate collateral levels. In the event the collateral fair value falls below stipulated levels, the Company will pledge additional securities. The Company closely monitors collateral levels to ensure adequate levels are maintained, while mitigating the potential risk of over-collateralization in the event of counterparty default. The following tables present the potential effect of rights of setoff associated with the Company’s recognized financial assets and liabilities at June 30, 2016 and December 31, 2015: June 30, 2016 Gross Amounts Not Offset in the Statement of Gross Amount Gross Amounts Net Amounts of Financial Securities Cash Net (Dollars in thousands) Interest rate swap derivatives $ 25,546 $ - $ 25,546 $ - $ - $ 25,100 $ 446 Total $ 25,546 $ - $ 25,546 $ - $ - $ 25,100 $ 446 June 30, 2016 Gross Amounts Not Offset in the Statement of Gross Amount Gross Amounts Net Amounts of Financial Securities Cash Net (Dollars in thousands) Interest rate swap derivatives $ 25,837 $ - $ 25,837 $ - $ - $ 25,100 $ 737 Repurchase agreement borrowings 10,500 - 10,500 - 10,500 - - Total $ 36,337 $ - $ 36,337 $ - $ 10,500 $ 25,100 $ 737 December 31, 2015 Gross Amounts Not Offset in the Statement of Gross Amount Gross Amounts Net Amounts of Financial Securities Cash Net (Dollars in thousands) Interest rate swap derivatives $ 10,564 $ - $ 10,564 $ - $ - $ 10,564 $ - Total $ 10,564 $ - $ 10,564 $ - $ - $ 10,564 $ - December 31, 2015 Gross Amounts Not Offset in the Statement of Gross Amount Gross Amounts Net Amounts of Financial Securities Cash Net (Dollars in thousands) Interest rate swap derivatives $ 10,677 $ - $ 10,677 $ - $ - $ 10,677 $ - Repurchase agreement borrowings 10,500 - 10,500 - 10,500 - - Total $ 21,177 $ - $ 21,177 $ - $ 10,500 $ 10,677 $ -

Financial Instruments with Off-

Financial Instruments with Off-Balance Sheet Risk	6 Months Ended
	Jun. 30, 2016
Financial Instruments With Off Balance Sheet Risk Disclosure [Abstract]
Financial Instruments with Off-Balance Sheet Risk	13. Financial Instruments with Off-Balance Sheet Risk The Company is a party to financial instruments with off-balance sheet risk in the normal course of business to meet the financing needs of its customers. These financial instruments include commitments to extend credit and unused lines of credit. Those instruments involve, to varying degrees, elements of credit and interest rate risk in excess of the amount recognized in the consolidated Statements of Financial Condition. The contract amounts of those instruments reflect the extent of involvement the Company has in particular classes of financial instruments. The Company’s exposure to credit loss in the event of nonperformance by the other party to the financial instrument for commitments to extend credit is represented by the contractual amount of those instruments. The Company uses the same credit policies in making commitments and conditional obligations as it does for on-balance sheet instruments. Financial instruments whose contract amounts represent credit risk are as follows: June 30, December 31, 2016 2015 (Dollars in thousands) Approved loan commitments $ 43,344 $ 46,144 Unadvanced portion of construction loans 46,796 44,457 Unused lines for home equity loans 188,883 204,983 Unused revolving lines of credit 70 365 Unused commercial letters of credit 3,433 3,558 Unused commercial lines of credit 204,335 187,819 $ 486,861 $ 487,326 Financial instruments with off-balance sheet risk had a valuation allowance of $73,000 and $501,000 as of June 30, 2016 and December 31, 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 a case-by-case basis. The amount of collateral obtained if deemed necessary by the Company upon extension of credit is based on management’s credit evaluation of the counterparty. Collateral held is primarily residential property and commercial assets. At June 30, 2016 and December 31, 2015, the Company had no off-balance sheet special purpose entities and participated in no securitizations of assets.

Significant Group Concentration

Significant Group Concentrations of Credit Risk	6 Months Ended
	Jun. 30, 2016
Risks and Uncertainties [Abstract]
Significant Group Concentrations of Credit Risk	14. Significant Group Concentrations of Credit Risk The Company primarily grants commercial, residential and consumer loans to customers located within its primary market area in the state of Connecticut and western Massachusetts. The majority of the Company’s loan portfolio is comprised of commercial and residential mortgages. The Company has no negative amortization or option adjustable rate mortgage loans.

Fair Value Measurements

Fair Value Measurements	6 Months Ended
	Jun. 30, 2016
Fair Value Disclosures [Abstract]
Fair Value Measurements	15. Fair Value Measurements Fair value estimates are made as of a specific point in time based on the characteristics of the financial instruments and relevant market information. In accordance with FASB ASC 820-10, the fair value estimates are measured within the fair value hierarchy. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). The three levels of the fair value hierarchy under FASB ASC 820-10 are described as follows: · Level 1 - Unadjusted quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities; · Level 2 - Quoted prices in markets that are not active, or inputs that are observable either directly or indirectly, for substantially the full term of the asset or liability; · Level 3 - Prices or valuation techniques that require inputs that are both significant to the fair value measurement and unobservable (i.e., supported by little or no market activity). Categorization within the valuation hierarchy is based upon the lowest level of input that is significant to the fair value measurement. When available, quoted market prices are used. In other cases, fair values are based on estimates using present value or other valuation techniques. These techniques involve uncertainties and are significantly affected by the assumptions used and judgments made regarding risk characteristics of various financial instruments, discount rates, and estimates of future cash flows, future expected loss experience and other factors. Changes in assumptions could significantly affect these estimates. Derived fair value estimates cannot be substantiated by comparison to independent markets and, in certain cases, could not be realized in an immediate sale of the instrument. Fair value estimates are based on existing financial instruments without attempting to estimate the value of anticipated future business and the value of assets and liabilities that are not financial instruments. Accordingly, the aggregate fair value amounts presented do not purport to represent the underlying market value of the Company. There were no transfers between levels during the six months ended June 30, 2016 and 2015. Assets and Liabilities Measured at Fair Value on a Recurring Basis The following is a description of the valuation methodologies used for instruments measured at fair value: Securities Available-for-Sale: The Company utilizes a third party, nationally-recognized pricing service (“pricing service”); subject to review by management, to estimate fair value measurements for the majority of its investment securities portfolio. The pricing service evaluates each asset class based on relevant market information considering observable data that may include dealer quotes, reported trades, market spreads, cash flows, the U.S. Treasury yield curve, the LIBOR swap yield curve, trade execution data, market prepayment speeds, credit information and the bond’s terms and conditions, among other things. The fair value prices on all investment securities are reviewed for reasonableness by management. Also, management assessed the valuation techniques used by the pricing service based on a review of their pricing methodology to ensure proper pricing and hierarchy classifications. Management employs procedures to monitor the pricing service’s assumptions and establishes processes to challenge the pricing service’s valuations that appear unusual or unexpected. Interest Rate Swap Derivatives: Forward loan sale commitments and derivative loan commitments: The following tables detail the financial instruments carried at fair value on a recurring basis as of June 30, 2016 and December 31, 2015 and indicate the fair value hierarchy of the valuation techniques utilized by the Company to determine the fair value: June 30, 2016 Quoted Prices in Significant Significant (Dollars in thousands) Total (Level 1) (Level 2) (Level 3) Assets U.S. Treasury obligations $ 31,136 $ 13,994 $ 17,142 $ - U.S. Government agency obligations 107,255 - 107,255 - Government sponsored residential mortgage-backed securities 4,272 - 4,272 - Corporate debt securities 1,036 - 1,036 - Preferred equity securities 1,658 1,658 - - Marketable equity securities 166 166 - - Mutual funds 3,873 - 3,873 - Securities available-for-sale 149,396 15,818 133,578 - Interest rate swap derivative 25,546 - 25,546 - Derivative loan commitments 517 - - 517 Total $ 175,459 $ 15,818 $ 159,124 $ 517 Liabilities Interest rate swap derivative $ 25,837 $ - $ 25,837 $ - Forward loan sales commitments 340 - - 340 Total $ 26,177 $ - $ 25,837 $ 340 December 31, 2015 Quoted Prices in Significant Significant (Dollars in thousands) Total (Level 1) (Level 2) (Level 3) Assets U.S. Treasury obligations $ 38,859 $ 21,996 $ 16,863 $ - U.S. Government agency obligations 81,805 - 81,805 - Government sponsored residential mortgage-backed securities 5,153 - 5,153 - Corporate debt securities 1,048 - 1,048 - Preferred equity securities 1,632 1,632 - - Marketable equity securities 160 160 - - Mutual funds 3,767 - 3,767 - Securities available-for-sale 132,424 23,788 108,636 - Interest rate swap derivative 10,564 - 10,564 - Derivative loan commitments 207 - - 207 Total $ 143,195 $ 23,788 $ 119,200 $ 207 Liabilities Interest rate swap derivative $ 10,677 $ - $ 10,677 $ - Forward loan sales commitments 70 - - 70 Total $ 10,747 $ - $ 10,677 $ 70 The following table presents additional information about assets measured at fair value for which the Company has utilized Level 3 inputs. Derivative and Forward Loan Sales Commitments, Net For the Three Months Ended June 30, For the Six Months Ended June 30, 2016 2015 2016 2015 (Dollars in thousands) Balance, at beginning of period $ 192 $ 144 $ 137 $ 14 Total realized gain (loss): Included in earnings (15 ) (4 ) 40 126 Balance, at the end of period $ 177 $ 140 $ 177 $ 140 The following tables present the valuation methodology and unobservable inputs for Level 3 assets measured at fair value on a recurring basis at June 30, 2016 and December 31, 2015: June 30, 2016 Significant (Dollars in thousands) Fair Value Valuation Methodology Unobservable Inputs Input Derivative and forward loan sales commitments, net $ 177 Adjusted quoted prices in active markets Embedded servicing value 0.99 % December 31, 2015 Significant (Dollars in thousands) Fair Value Valuation Methodology Unobservable Inputs Input Derivative and forward loan sales commitments, net $ 137 Adjusted quoted prices in active markets Embedded servicing value 1.28 % The embedded servicing value represents the value assigned for mortgage servicing rights and based on management’s judgment. When the embedded servicing value increases or decreases there is a direct correlation with fair value. Assets and Liabilities Measured at Fair Value on a Nonrecurring Basis Certain assets and liabilities are measured at fair value on a non-recurring basis in accordance with generally accepted accounting principles. These include assets that are measured at the lower of cost or market that were recognized at fair value below cost at the end of the period as well as assets that are not measured at fair value on an ongoing basis but are subject to fair value adjustments in certain circumstances, such as when there is evidence of impairment. The following table details the financial instruments carried at fair value on a nonrecurring basis at June 30, 2016 and December 31, 2015 and indicates the fair value hierarchy of the valuation techniques utilized by the Company to determine the fair value: June 30, 2016 December 31, 2015 Quoted Prices in Significant Significant Quoted Prices in Significant Significant Active Markets for Observable Unobservable Active Markets for Observable Unobservable Identical Assets Inputs Inputs Identical Assets Inputs Inputs (Level 1) (Level 2) (Level 3) (Level 1) (Level 2) (Level 3) (Dollars in thousands) Impaired loans $ - $ - $ 972 $ - $ - $ 4,225 Mortgage servicing rights - - 4,222 - - - Other real estate owned - - - - - 279 The following is a description of the valuation methodologies used for instruments measured on a non-recurring basis: Mortgage Servicing Rights Loans Held for Sale: Impaired Loans: Other Real Estate Owned: The following tables present the valuation methodology and unobservable inputs for Level 3 assets measured at fair value on a non-recurring basis at June 30, 2016 and December 31, 2015: June 30, 2016 Significant Weighted (Dollars in thousands) Fair Value Valuation Methodology Unobservable Inputs Range of Inputs Average Inputs Impaired loans $ 972 Appraisals Discount for dated appraisal 5% - 20% 12.5 % Discount for costs to sell 8% - 15% 11.5 % Mortgage servicing rights $ 4,222 Discounted Cash Flows Prepayment speeds 10.81% - 20.95% 14.19 % Discount rate n/a 9.125 % December 31, 2015 Significant Weighted (Dollars in thousands) Fair Value Valuation Methodology Unobservable Inputs Range of Inputs Average Inputs Impaired loans $ 4,225 Appraisals Discount for dated appraisal 5% - 20% 12.5 % Discount for costs to sell 8% - 15% 11.5 % Other real estate owned $ 279 Appraisals Discount for costs to sell 8% - 15% 11.5 % Discount for condition 10% - 30% 20.0 % Disclosures about Fair Value of Financial Instruments The following methods and assumptions were used by the Company in estimating its fair value disclosure for financial instruments: Cash and cash equivalents: Investment in Federal Home Loan Bank of Boston (“FHLBB”) stock: Alternative Investments: Loans: Deposits: Borrowed funds: Repurchase liabilities: The following presents the carrying amount, fair value, and placement in the fair value hierarchy of the Company’s financial instruments as of June 30, 2016 and December 31, 2015. For short-term financial assets such as cash and cash equivalents, the carrying amount is a reasonable estimate of fair value due to the relatively short time between the origination of the instrument and its expected realization. June 30, 2016 December 31, 2015 Estimated Estimated Fair Value Carrying Fair Carrying Fair Hierarchy Level Amount Value Amount Value (Dollars in thousands) Financial assets Securities held-to-maturity Level 2 $ 7,640 $ 7,931 $ 32,246 $ 32,357 Securities available-for-sale See previous table 149,396 149,396 132,424 132,424 Loans Level 3 2,424,140 2,412,165 2,361,796 2,336,293 Loans held-for-sale Level 2 6,912 7,109 9,637 9,686 Mortgage servicing rights Level 3 4,222 4,222 4,406 5,029 Federal Home Loan Bank of Boston stock Level 2 18,240 18,240 21,729 21,729 Alternative investments Level 3 2,499 2,247 2,508 2,409 Interest rate swap derivatives Level 2 25,546 25,546 10,564 10,564 Derivative loan commitments Level 3 517 517 207 207 Financial liabilities Deposits other than time deposits Level 1 1,574,250 1,574,250 1,550,568 1,550,568 Time deposits Level 2 477,188 481,620 440,790 444,803 Federal Home Loan Bank of Boston advances Level 2 340,600 343,321 377,600 376,626 Repurchase agreement borrowings Level 2 10,500 10,571 10,500 10,539 Repurchase liabilities Level 2 63,027 63,020 35,769 35,765 Interest rate swap derivatives Level 2 25,837 25,837 10,677 10,677 Forward loan sales commitments Level 3 340 340 70 70

Regulatory Matters

Regulatory Matters	6 Months Ended
	Jun. 30, 2016
Regulatory Matters Disclosure [Abstract]
Regulatory Matters	16. Regulatory Matters The Company and the Bank are subject to various regulatory capital requirements administered by the federal banking agencies. Failure to meet minimum capital requirements can initiate certain mandatory and possibly additional discretionary actions by regulators that, if undertaken, could have a direct material effect on their financial statements. Under capital adequacy guidelines and the regulatory framework for prompt corrective action, the Company and the Bank must meet specific capital guidelines that involve quantitative measures of their assets, liabilities and certain off-balance sheet items as calculated under regulatory accounting practices. The Company’s and the Bank’s capital amounts and classifications are also subject to quantitative judgments by the regulators about components, risk weightings and other factors. In July 2013, the Federal Reserve published final rules for the adoption of the Basel III regulatory capital framework (the "Basel III Capital Rules"). The Basel III Capital Rules, among other things, (i) introduced a new capital measure called "Common Equity Tier 1", (ii) specify that Tier 1 capital consists of Common Equity Tier 1 and "Additional Tier 1 Capital" instruments meeting specified requirements, (iii) define Common Equity Tier 1 narrowly by requiring that most deductions/adjustments to regulatory capital measures be made to Common Equity Tier 1 and not to the other components of capital and (iv) expand the scope of the deductions/adjustments as compared to existing regulations and a higher minimum Tier I capital requirement. Additionally, institutions must maintain a capital conservation buffer of common equity Tier 1 capital in an amount greater than 2.5% of total risk-weighted assets to avoid being subject to limitations on capital distributions and discretionary bonus payments to executive officers. The Basel III Capital Rules became effective for the Company beginning on January 1, 2015 with certain transition provisions fully phased in through January 1, 2019. Quantitative measures established by regulation to ensure capital adequacy require the Company and the Bank to maintain minimum amounts and ratios (set forth in the table below) of total capital, Tier I capital and common equity Tier I capital (as defined in the regulations) to risk-weighted assets (as defined in the regulations) and of Tier I capital (as defined in the regulations) to average assets (as defined in the regulations). Management believes, as of June 30, 2016 and December 31, 2015 that the Company and the Bank meet all capital adequacy requirements to which they are subject. The Federal Deposit Insurance Corporation categorizes the Company and the Bank as well capitalized under the regulatory framework for prompt corrective action as of June 30, 2016. To be categorized as well capitalized, the Company and the Bank must maintain minimum total risk-based, Tier I risk-based, common equity Tier I capital and Tier I leverage ratios as set forth in the table. There are no conditions or events since that notification that management believes have changed the institution’s category. The following table provides information on the capital amounts and ratios for the Company and the Bank: Actual Minimum Required To Be Well (Dollars in thousands) Amount Ratio Amount Ratio Amount Ratio Farmington Bank: At June 30, 2016 Total Capital (to Risk Weighted Assets) $ 244,519 11.07 % $ 176,707 8.00 % $ 220,884 10.00 % Tier I Capital (to Risk Weighted Assets) 223,726 10.12 132,644 6.00 176,858 8.00 Common Equity Tier I Capital (to Risk Weighted Assets) 223,726 10.12 99,483 4.50 143,698 6.50 Tier I Leverage Capital (to Average Assets) 223,726 8.27 108,211 4.00 135,264 5.00 At December 31, 2015 Total Capital (to Risk Weighted Assets) $ 236,486 11.16 % $ 169,524 8.00 % $ 211,905 10.00 % Tier I Capital (to Risk Weighted Assets) 215,787 10.18 127,183 6.00 169,577 8.00 Common Equity Tier I Capital (to Risk Weighted Assets) 215,787 10.18 95,387 4.50 137,781 6.50 Tier I Leverage Capital (to Average Assets) 215,787 8.03 107,490 4.00 134,363 5.00 First Connecticut Bancorp, Inc.: At June 30, 2016 Total Capital (to Risk Weighted Assets) $ 279,212 12.63 % $ 176,856 8.00 % $ 221,070 10.00 % Tier I Capital (to Risk Weighted Assets) 258,419 11.69 132,636 6.00 176,848 8.00 Common Equity Tier I Capital (to Risk Weighted Assets) 258,419 11.69 99,477 4.50 143,689 6.50 Tier I Leverage Capital (to Average Assets) 258,419 9.55 108,238 4.00 135,298 5.00 At December 31, 2015 Total Capital (to Risk Weighted Assets) $ 273,255 12.88 % $ 169,724 8.00 % $ 212,155 10.00 % Tier I Capital (to Risk Weighted Assets) 252,556 11.91 127,232 6.00 169,643 8.00 Common Equity Tier I Capital (to Risk Weighted Assets) 252,556 11.91 95,424 4.50 137,835 6.50 Tier I Leverage Capital (to Average Assets) 252,556 9.39 107,585 4.00 134,481 5.00

Other Comprehensive Income

Other Comprehensive Income	6 Months Ended
	Jun. 30, 2016
Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]
Other Comprehensive Income	17. Other Comprehensive Income The following tables present the changes in accumulated other comprehensive loss, net of tax by component: Three Months Ended June 30, 2016 Investment Employee Benefit Accumulated (Dollars in thousands) Balance at March 31, 2016 $ 166 $ (6,807 ) $ (6,641 ) Other comprehensive income during the period 81 - 81 Amount reclassified from accumulated other comprehensive income, net of tax - 105 105 Net change 81 105 186 Balance at June 30, 2016 $ 247 $ (6,702 ) $ (6,455 ) Three Months Ended June 30, 2015 Investment Employee Benefit Accumulated (Dollars in thousands) Balance at March 31, 2015 $ 1,105 $ (7,452 ) $ (6,347 ) Other comprehensive loss during the period (1,810 ) - (1,810 ) Amount reclassified from accumulated other comprehensive income, net of tax 810 19 829 Net change (1,000 ) 19 (981 ) Balance at June 30, 2015 $ 105 $ (7,433 ) $ (7,328 ) Six Months Ended June 30, 2016 Investment Employee Benefit Accumulated (Dollars in thousands) Balance at December 31, 2015 $ (249 ) $ (6,913 ) $ (7,162 ) Other comprehensive income during the period 496 - 496 Amount reclassified from accumulated other comprehensive income, net of tax - 211 211 Net change 496 211 707 Balance at June 30, 2016 $ 247 $ (6,702 ) $ (6,455 ) Six Months Ended June 30, 2015 Investment Employee Benefit Accumulated (Dollars in thousands) Balance at December 31, 2014 $ 1,046 $ (7,557 ) $ (6,511 ) Other comprehensive loss during the period (1,928 ) - (1,928 ) Amount reclassified from accumulated other comprehensive income, net of tax 987 124 1,111 Net change (941 ) 124 (817 ) Balance at June 30, 2015 $ 105 $ (7,433 ) $ (7,328 ) The following tables present a reconciliation of the changes in components of other comprehensive income (loss) for the three and six months ended June 30, 2016 and 2015, including the amount of income tax expense allocated to each component of other comprehensive income (loss): For the Three Months Ended June 30, 2016 Pre Tax Tax Benefit After Tax (Dollars in thousands) Unrealized gains on available-for-sale securities $ 126 $ (45 ) $ 81 Less: net security gains reclassified into other noninterest income - - - Net change in fair value of securities available-for-sale 126 (45 ) 81 Reclassification adjustment for prior service costs and net gain included in net periodic pension costs (1) 163 (58 ) 105 Total other comprehensive income $ 289 $ (103 ) $ 186 For the Three Months Ended June 30, 2015 Pre Tax Tax Benefit After Tax (Dollars in thousands) Unrealized losses on available-for-sale securities $ (2,793 ) $ 983 $ (1,810 ) Less: net security gains reclassified into other noninterest income 1,250 (440 ) 810 Net change in fair value of securities available-for-sale (1,543 ) 543 (1,000 ) Reclassification adjustment for prior service costs and net gain included in net periodic pension costs (1) 29 (10 ) 19 Total other comprehensive loss $ (1,514 ) $ 533 $ (981 ) For the Six Months Ended June 30, 2016 Pre Tax Tax Benefit After Tax (Dollars in thousands) Unrealized gains on available-for-sale securities $ 768 $ (272 ) $ 496 Less: net security gains reclassified into other noninterest income - - - Net change in fair value of securities available-for-sale 768 (272 ) 496 Reclassification adjustment for prior service costs and net gain included in net periodic pension costs (1) 327 (116 ) 211 Total other comprehensive income $ 1,095 $ (388 ) $ 707 For the Six Months Ended June 30, 2015 Pre Tax Tax Benefit After Tax (Dollars in thousands) Unrealized losses on available-for-sale securities $ (2,975 ) $ 1,047 $ (1,928 ) Less: net security gains reclassified into other noninterest income 1,523 (536 ) 987 Net change in fair value of securities available-for-sale (1,452 ) 511 (941 ) Reclassification adjustment for prior service costs and net gain included in net periodic pension costs (1) 191 (67 ) 124 Total other comprehensive loss $ (1,261 ) $ 444 $ (817 ) (1) Amounts are included in salaries and employee benefits in the unaudited Consolidated Statements of Income.

Legal Actions

Legal Actions	6 Months Ended
	Jun. 30, 2016
Loss Contingency [Abstract]
Legal Actions	18. Legal Actions The Company and its subsidiary are involved in various legal proceedings which have arisen in the normal course of business. The Company believes the resolution of these legal actions is not expected to have a material adverse effect on the Company’s consolidated financial statements.

Summary of Significant Accoun27

Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2016
Accounting Policies [Abstract]
Basis of Financial Statement Presentation	Basis of Financial Statement Presentation The consolidated financial statements have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission. The Company has condensed or omitted certain information and footnote disclosures normally included in the consolidated financial statements in accordance with accounting principles generally accepted in the United States of America pursuant to such rules and regulations. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair statement have been included. All significant intercompany transactions and balances have been eliminated in consolidation. These consolidated financial statements should be read in conjunction with the audited consolidated financial statements as of and for the year ended December 31, 2015 included in the Company’s 10-K filed on March 11, 2016. The results of operations for the interim periods are not necessarily indicative of the results for the full year. In preparing the consolidated financial statements, management is required to make extensive use of estimates and assumptions that affect the reported amounts of assets and liabilities as of the date of the statement of condition and revenues and expenses for the interim period. Actual results could differ significantly from those estimates. Material estimates that are particularly susceptible to significant change in the near term relate to the determination of the allowance for loan losses, investment security other-than-temporary impairment judgments and investment security valuation.
Change in Accounting Estimate	Change in Accounting Estimate During the three months ended June 30, 2016, the Company reduced its estimate for the valuation allowance associated with financial instruments with off-balance sheet risk, based on refining the calculation using the same quantitative and qualitative factors used in estimating the allowance for loan losses. As a result, the Company decreased the valuation allowance associated with financial instruments with off-balance sheet risk by $423,000. The $423,000 reduction in the valuation allowance increased net income for the three and six months ended June 30, 2016 by $275,000, or $0.02 per diluted net earnings per share.
Investment Securities	Investment Securities Marketable equity and debt securities are classified as either trading, available-for-sale, or held-to-maturity (applies only to debt securities). Management determines the appropriate classifications of securities at the time of purchase. At June 30, 2016 and December 31, 2015, the Company had no debt or equity securities classified as trading. Held-to-maturity securities are debt securities for which the Company has the ability and intent to hold until maturity. All other securities not included in held-to-maturity are classified as available-for-sale. Held-to-maturity securities are recorded at amortized cost, adjusted for the amortization or accretion of premiums or discounts. Premiums and discounts on debt securities are amortized or accreted into interest income over the term of the securities using the level yield method. Available-for-sale securities are recorded at fair value. Unrealized gains and losses, net of the related tax effect, on available-for-sale securities are excluded from earnings and are reported in accumulated other comprehensive income, a separate component of equity, until realized. Further information relating to the fair value of securities can be found within Note 4 of the Notes to Consolidated Financial Statements. In accordance with Financial Accounting Standards Board Accounting Standards Codification ("FASB ASC") 320- “Debt and Equity Securities”, a decline in market value of a debt security below amortized cost that is deemed other-than-temporary is charged to earnings for the credit related other-than-temporary impairment ("OTTI"), resulting in the establishment of a new cost basis for the security, while the non-credit related OTTI is recognized in other comprehensive income if there is no intent or requirement to sell the security. The securities portfolio is reviewed on a quarterly basis for the presence of other-than-temporary impairment. If an equity security is deemed other-than-temporarily impaired, the full impairment is considered to be credit-related and a charge to earnings would be recorded. Gains and losses on sales of securities are recognized at the time of sale on a specific identification basis.
Loans Held for Sale	Loans Held for Sale Loans originated and intended for sale in the secondary market are carried at the lower of amortized cost or fair value, as determined by aggregate outstanding commitments from investors or current investor yield requirements. Net unrealized losses, if any, are recognized through a valuation allowance by charges to other noninterest income in the accompanying Consolidated Statements of Income. Gains or losses on sales of mortgage loans are recognized based on the difference between the selling price and the carrying value of the related mortgage loans sold on the trade date to net gain on loans sold in the accompanying Consolidated Statements of Income.
Loans	Loans The Company’s loan portfolio segments include residential real estate, commercial real estate, construction, installment, commercial, collateral, home equity lines of credit, demand, revolving credit and resort. Construction includes classes for commercial and residential construction. Loans that management has the intent and ability to hold for the foreseeable future or until maturity or pay-off generally are reported at their outstanding unpaid principal balances adjusted for charge-offs, the allowance for loan losses, and any deferred fees or costs on originated loans. Interest income is accrued on the unpaid principal balance. Loan origination fees, net of certain direct origination costs, are deferred and recognized as an adjustment of the related loan yield using the interest method. When loans are prepaid, sold or participated out, the unamortized portion is recognized as income or expense at that time. Interest on loans is accrued and recognized in interest income based on contractual rates applied to principal amounts outstanding. Accrual of interest is discontinued, and previously accrued income is reversed, when loan payments are more than 90 days past due or when, in the judgment of management, collectability of the loan or loan interest becomes uncertain. Loans may be returned to accrual status when all principal and interest amounts contractually due (including arrearages) are reasonably assured of repayment within a reasonable period and there is a sustained period of repayment performance (generally a minimum of six months) by the borrower, in accordance with contractual terms involving payment of cash or cash equivalents. The interest on these loans is accounted for on the cash-basis or cost-recovery method, until qualifying for return to accrual status. If a residential real estate, commercial real estate, construction, installment, commercial, collateral, home equity line of credit, demand, revolving credit and resort loan is on non-accrual status cash payments are applied towards the reduction of principal. If loans are considered impaired but accruing, cash payments are applied first to interest income and then as a reduction of principal as specified in the contractual agreement, unless the collection of the remaining principal amount due is considered doubtful. The policy for determining past due or delinquency status for all loan portfolio segments is based on the number of days past due or the contractual terms of the loan. A loan is considered delinquent when the customer does not make their payments due according to their contractual terms. Generally, a loan can be demanded at any time if the loan is delinquent or if the borrower fails to meet any other agreed upon terms and conditions. On a quarterly basis, our loan policy requires that we evaluate for impairment all commercial real estate, construction, commercial and resort loan segments that are classified as non-accrual, loans secured by real property in foreclosure or are otherwise likely to be impaired, non-accruing residential and installment loan segments greater than $100,000 and all troubled debt restructurings. Nonperforming loans consist of non-accruing loans, non-accruing loans identified as trouble debt restructurings and loans past due more than 90 days and still accruing interest.
Allowance for Loan Losses	Allowance for Loan Losses The allowance for loan losses is maintained at a level believed adequate by management to absorb potential losses inherent in the loan portfolio as of the statement of condition date. The allowance for loan losses consists of a formula allowance following FASB ASC 450 – “Contingencies” and FASB ASC 310 – “Receivables”. The allowance for loan losses is established as losses are estimated to have occurred through a provision for loan losses charged to earnings. Loan losses are charged against the allowance when management believes the uncollectibility of a loan balance is confirmed. Subsequent recoveries, if any, are credited to the allowance. The allowance for loan losses is evaluated on a quarterly basis by management. This evaluation is inherently subjective as it requires estimates that are susceptible to significant revision as more information becomes available. The allowance consists of general, allocated and unallocated components, as further described below. All reserves are available to cover any losses regardless of how they are allocated. General component: The general component of the allowance for loan losses is based on historical loss experience adjusted for qualitative factors stratified by the following loan segments: residential real estate, commercial real estate, construction, installment, commercial, collateral, home equity line of credit, demand, revolving credit and resort. Construction loans include classes for commercial investment real estate construction, commercial owner occupied construction, residential development, residential subdivision construction and residential owner occupied construction loans. Management uses a rolling average of historical losses based on a time frame appropriate to capture relevant loss data for each loan segment. This historical loss factor is adjusted for the following qualitative factors: levels/trends in delinquencies and nonaccrual loans; trends in volume and terms of loans; effects of changes in risk selection and underwriting standards and other changes in lending policies, procedures and practices; experience/ability/depth of lending management and staff; and national and local economic trends and conditions. There were no material changes in the Company’s policies or methodology pertaining to the general component of the allowance for loan losses during the six months ended June 30, 2016. The qualitative factors are determined based on the various risk characteristics of each loan segment. Risk characteristics relevant to each portfolio segment are as follows: Residential real estate – Residential real estate loans are generally originated in amounts up to 95.0% of the lesser of the appraised value or purchase price of the property, with private mortgage insurance required on loans with a loan-to-value ratio in excess of 80.0%. The Company does not grant subprime loans. All loans in this segment are collateralized by owner-occupied residential real estate and repayment is dependent on the credit quality of the individual borrower. All residential mortgage loans are underwritten pursuant to secondary market underwriting guidelines which include minimum FICO standards. The overall health of the economy, including unemployment rates and housing prices, will have an effect on the credit quality in this segment. Commercial real estate – Loans in this segment are primarily originated to finance income-producing properties throughout the northeastern states. The underlying cash flows generated by the properties may be adversely impacted by a downturn in the economy as evidenced by increased vacancy rates, which in turn, may have an effect on the credit quality in this segment. Management generally obtains rent rolls and other financial information, as appropriate on an annual basis and continually monitors the cash flows of these loans. Construction loans – Loans in this segment include commercial construction loans, real estate subdivision development loans to developers, licensed contractors and builders for the construction and development of commercial real estate projects and residential properties. Construction lending contains a unique risk characteristic as loans are originated under market and economic conditions that may change between the time of origination and the completion and subsequent purchaser financing of the property. In addition, construction subdivision loans and commercial and residential construction loans to contractors and developers entail additional risks as compared to single-family residential mortgage lending to owner-occupants. These loans typically involve large loan balances concentrated in single borrowers or groups of related borrowers. Real estate subdivision development loans to developers, licensed contractors and builders are generally speculative real estate development loans for which payment is derived from sale of the property. Credit risk may be affected by cost overruns, time to sell at an adequate price, and market conditions. Construction financing is generally considered to involve a higher degree of credit risk than longer-term financing on improved, owner-occupied real estate. Residential construction credit quality may be impacted by the overall health of the economy, including unemployment rates and housing prices. Commercial – Loans in this segment are made to businesses and are generally secured by assets of the business. Repayment is expected from the cash flows of the business. A weakened economy, and resultant decreased consumer spending, will have an effect on the credit quality in this segment. Home equity line of credit – Loans in this segment include home equity loans and lines of credit underwritten with a loan-to-value ratio generally limited to no more than 80%, including any first mortgage. Our home equity lines of credit have ten-year terms and adjustable rates of interest which are indexed to the prime rate. The overall health of the economy, including unemployment rates and housing prices, may have an effect on the credit quality in this segment. Installment, Collateral, Demand, Revolving Credit and Resort – Loans in these segments include loans principally to customers residing in our primary market area with acceptable credit ratings. Our installment and collateral consumer loans generally consist of loans on new and used automobiles, loans collateralized by deposit accounts and unsecured personal loans. The overall health of the economy, including unemployment rates and housing prices, may have an effect on the credit quality in this segment. Excluding collateral loans which are fully collateralized by a deposit account, repayment for loans in these segments is dependent on the credit quality of the individual borrower. The resort portfolio consists of a direct receivable loan outside the Northeast which is amortizing to its contractual obligations. The Company has exited the resort financing market with a residual portfolio remaining. Allocated component: The allocated component relates to loans that are classified as impaired. Impairment is measured on a loan by loan basis for commercial real estate, construction, commercial and resort loans by the present value of expected cash flows discounted at the effective interest rate; the fair value of the collateral, if applicable; or the observable market price for the loan. An allowance is established when the discounted cash flows (or collateral value) of the impaired loan is lower than the carrying value of that loan. The Company does not separately identify individual consumer and residential real estate loans for impairment disclosures, unless such loans are subject to a troubled debt restructuring agreement or they are nonaccrual loans with outstanding balances greater than $100,000. A loan is considered impaired when, based on current information and events, it is probable that the Company will be unable to collect the scheduled payments of principal or interest when due according to the contractual terms of the loan agreement. Factors considered by management in determining impairment include payment status, collateral value, and the probability of collecting scheduled principal and interest payments when due. Loans that experience insignificant payment delays and payment shortfalls generally are not classified as impaired. Management determines the significance of payment delays and payment shortfalls on a case-by-case basis, taking into consideration all of the circumstances surrounding the loan and the borrower, including the length of the delay, the reasons for the delay, the borrower’s prior payment record, and the amount of the shortfall in relation to the principal and interest owed. Impairment is measured on a loan-by-loan basis for commercial and construction loans by the present value of expected future cash flows discounted at the loan’s effective interest rate, the loan’s obtainable market price or the fair value of the collateral if the loan is collateral dependent. Management updates the analysis quarterly. The assumptions used in appraisals are reviewed for appropriateness. Updated appraisals or valuations are obtained as needed or adjusted to reflect the estimated decline in the fair value based upon current market conditions for comparable properties. The Company periodically may agree to modify the contractual terms of loans. When a loan is modified and a concession is made to a borrower experiencing financial difficulty, the modification is considered a troubled debt restructuring ("TDR"). All TDRs are classified as impaired. Unallocated component: An unallocated component is maintained, when needed, to cover uncertainties that could affect management’s estimate of probable losses. The unallocated component of the allowance reflects the margin of imprecision inherent in the underlying assumptions used in the methodologies for estimating allocated and general reserves in the portfolio. The Company’s Loan Policy allows management to utilize a high and low range of 0.0% to 5.0% of our total allowance for loan losses when establishing an unallocated allowance, when considered necessary. The unallocated allowance is used to provide for an unidentified loss that may exist in emerging problem loans that cannot be fully quantified or may be affected by conditions not fully understood as of the balance sheet date. There was no unallocated allowance at June 30, 2016 and December 31, 2015.
Troubled Debt Restructuring	Troubled Debt Restructuring A loan is considered a troubled debt restructuring (“TDR”) when the Company, for economic or legal reasons related to the borrower’s financial difficulties, grants a concession to the borrower in modifying or renewing the loan the Company would not otherwise consider. In connection with troubled debt restructurings, terms may be modified to fit the ability of the borrower to repay in line with their current financial status, which may include a reduction in the interest rate to market rate or below, a change in the term or movement of past due amounts to the back-end of the loan or refinancing. A loan is placed on non-accrual status upon being restructured, even if it was not previously, unless the modified loan was current for the six months prior to its modification and we believe the loan is fully collectable in accordance with its new terms. The Company’s policy to restore a restructured loan to performing status is dependent on the receipt of regular payments, generally for a period of six months and one calendar year-end. All troubled debt restructurings are classified as impaired loans and are reviewed for impairment by management on a quarterly basis per Company policy.
Foreclosed Real Estate	Foreclosed Real Estate Real estate acquired through foreclosure comprises properties acquired in partial or total satisfaction of problem loans. The properties are acquired through foreclosure proceedings or acceptance of a deed in lieu of foreclosure. At the time these properties are foreclosed, the properties are initially recorded at the fair value at the date of foreclosure less estimated selling costs. Losses arising at the time of acquisition of such properties are charged against the allowance for loan losses. Subsequent loss provisions are charged to the foreclosed real estate valuation allowance and expenses incurred to maintain the properties are charged to noninterest expense. Properties are evaluated regularly to ensure the recorded amounts are supported by current fair values, and a charge to operations is recorded as necessary to reduce the carrying amount to fair value less estimated costs to dispose. Revenue and expense from the operation of other real estate owned and the provision to establish and adjust valuation allowances are included in noninterest expenses. Costs relating to the development and improvement of the property are capitalized, subject to the limit of fair value of the collateral. In the Consolidated Statements of Financial Condition, total prepaid expenses and other assets include foreclosed real estate of $279,000 as of June 30, 2016 and December 31, 2015, with no specific valuation allowance. The recorded investment of consumer mortgage loans secured by residential real estate properties for which formal foreclosure proceedings are in process according to local requirements of the applicable jurisdiction totaled $3.9 million at June 30, 2016.
Pension and Other Postretirement Benefit Plans	Pension and Other Postretirement Benefit Plans The Company’s non-contributory defined-benefit pension plan and certain defined benefit postretirement plans were frozen as of February 28, 2013 and no additional benefits will accrue. The Company has a non-contributory defined benefit pension plan that provides benefits for substantially all employees hired before January 1, 2007 who meet certain requirements as to age and length of service. The benefits are based on years of service and average compensation, as defined in the Plan Document. The Company’s funding practice is to meet the minimum funding standards established by the Employee Retirement Income Security Act of 1974. In addition to providing pension benefits, we provide certain health care and life insurance benefits for retired employees. Participants or eligible employees hired before January 1, 1993 become eligible for the benefits if they retire after reaching age 62 with fifteen or more years of service. A fixed percent of annual costs are paid depending on length of service at retirement. The Company accrues for the estimated costs of these other post-retirement benefits through charges to expense during the years that employees render service. The Company makes contributions to cover the current benefits paid under this plan. The Company believes the policy for determining pension and other post-retirement benefit expenses is critical because judgments are required with respect to the appropriate discount rate, rate of return on assets and other items. The Company reviews and updates the assumptions annually. If the Company’s estimate of pension and post-retirement expense is too low it may experience higher expenses in the future, reducing its net income. If the Company’s estimate is too high, it may experience lower expenses in the future, increasing its net income.
Income Taxes	Income Taxes Deferred income taxes are provided for differences arising in the timing of income and expenses for financial reporting and for income tax purposes. Deferred income taxes and tax benefits are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax basis. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The Company provides a deferred tax asset valuation allowance for the estimated future tax effects attributable to temporary differences and carryforwards when realization is determined not to be more likely than not. FASB ASC 740-10 prescribes a recognition threshold that a tax position is required to meet before being recognized in the financial statements and provides guidance on derecognition, measurement, classification, interest and penalties, accounting in interim periods, disclosure and transition issues. Pursuant to FASB ASC 740-10, the Company examines its financial statements, its income tax provision and its federal and state income tax returns and analyzes its tax positions, including permanent and temporary differences, as well as the major components of income and expense to determine whether a tax benefit is more likely than not to be sustained upon examination by tax authorities. The Company recognizes interest and penalties arising from income tax settlements as part of its provision for income taxes.
Recent Accounting Pronouncements	Recent Accounting Pronouncements 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.” ASU 2014-15 provides guidance in accounting principles generally accepted in the United States of America about management’s responsibility to evaluate whether there is substantial doubt about an entity’s ability to continue as a going concern and to provide related footnote disclosures. ASU 2014-15 is effective for the annual period ending after December 15, 2016, and for annual periods and interim periods thereafter. Early application is permitted. The Company does not expect ASU 2014-15 to have a significant impact on its financial statements. In August 2015, the FASB issued ASU No. 2015-14 "Revenue from Contracts with Customers (Topic 606)." In May 2014, the FASB issued Accounting Standards Update No. 2014-09, Revenue from Contracts with Customers (Topic 606), with an original effective date for annual reporting periods beginning after December 15, 2016. The core principle of the guidance is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods and services. ASU 2015-14 deferred the effective date of ASU 2014-09 to annual periods and interim periods within those annual periods beginning after December 15, 2017. The amendments can be applied retrospectively to each prior reporting period or retrospectively with the cumulative effect of initially applying this Update recognized at the date of initial application. Early application is not permitted. The Company is assessing the impact of ASU 2015-14 on its accounting and disclosures. In January 2016, the FASB issued ASU 2016-01, "Financial Instruments—Overall (Topic 825-10): "Recognition and Measurement of Financial Assets and Financial Liabilities." ASU 2016-01 amends the guidance on the classification and measurement of financial instruments. Some of the amendments in ASU 2016-01 include the following: 1) requires equity investments (except those accounted for under the equity method of accounting or those that result in consolidation of the investee) to be measured at fair value with changes in fair value recognized in net income; 2) simplifies the impairment assessment of equity investments without readily determinable fair values by requiring a qualitative assessment to identify impairment; 3) requires public business entities to use the exit price notion when measuring the fair value of financial instruments for disclosure purposes; and 4) requires an entity to present separately in other comprehensive income the portion of the total change in the fair value of a liability resulting from a change in the instrument-specific credit risk when the entity has elected to measure the liability at fair value; among others. For public business entities, the amendments of ASU 2016-01 are effective for fiscal years beginning after December 15, 2017, including interim periods within those fiscal years. The Company is assessing the impact of ASU 2016-01 on its accounting and disclosures. In February 2016, the FASB issued ASU No. 2016-02 "Leases (Topic 842)." ASU 2016-02 supersedes Topic 840, Leases. This ASU is to increase transparency and comparability among organizations by recognizing lease assets and lease liabilities on the balance sheet and disclosing key information about leasing arrangements. Some of the provisions in ASU 2016-02 include the following: 1) requires lessees to recognize a right-of-use asset and a lease liability for virtually all of their leases (other than leases that meet the definition of a short-term lease), 2) requires lessor accounting to be updated to align with certain changes to the lessee model and the new revenue recognition standard, 3) an arrangement contains an embedded lease if property, plant, or equipment is explicitly or implicitly identified and its use is controlled by the customer, 4) in certain circumstances, the lessee is required to remeasure the lease payments, and 5) requires extensive quantitative and qualitative disclosures, including significant judgments made by management, will be required to provide greater insight into the extent of revenue and expense recognized and expected to be recognized from existing contracts. For public business entities, ASU 2016-02 is effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. The Company is assessing the impact of ASU 2016-02 on its accounting and disclosures. In March 2016, the FASB issued ASU No. 2016-07 "Investments – Equity Method and Joint Ventures (Topic 323) Simplifying the Transition to the Equity Method of Accounting." This ASU eliminates the requirement that when an investment qualifies for use of the equity method as a result of an increase in the level of ownership interest or degree of influence, an investor must adjust the investment, results of operations, and retained earnings retroactively on a step-by step basis as if the equity method had been in effect during all previous periods that the investment had been held. The amendments require that the equity method investor add the cost of acquiring the additional interest in the investee to the current basis of the investor’s previously held interest and adopt the equity method of accounting as of the date the investment becomes qualified for equity method accounting. Therefore, upon qualifying for the equity method of accounting, no retroactive adjustment of the investment is required. For public business entities, ASU 2016-07 is effective for fiscal years beginning after December 15, 2016, including interim periods within those fiscal years. The amendments should be applied prospectively upon their effective date to increases in the level of ownership interest or degree of influence that result in the adoption of the equity method. Earlier application is permitted. The Company is assessing the impact of ASU 2016-07 on its accounting and disclosures. In March 2016, the FASB issued ASU No. 2016-09 “Compensation - Stock Compensation (Topic 718) - Improvements to Employee Share-Based Payment Accounting.” This ASU requires all income tax effects of awards to be recognized in the income statement when the awards vest or are settled. It also allows an employer to repurchase more of an employee’s shares than it can today for tax withholding purposes without triggering liability accounting and to make a policy election for forfeitures as they occur. For public business entities, ASU No. 2016-09 is effective for fiscal years beginning after December 15, 2016, including interim periods within those fiscal years. Early adoption is permitted. The Company is assessing the impact of ASU 2016-09 on its accounting and disclosures. In June 2016, the FASB issued ASU No. 2016-13 "Financial Instruments - Credit Losses (Topic 326)" requires an entity to utilize a new impairment model known as the current expected credit loss ("CECL") model to estimate its lifetime "expected credit loss" and record an allowance that, when deducted from the amortized cost basis of the financial asset, presents the net amount expected to be collected on the financial asset. The CECL model is expected to result in more timely recognition of credit losses. This ASU also requires new disclosures for financial assets measured at amortized cost, loans and available-for-sale debt securities. ASU 2016-13 is effective for public companies for annual periods beginning after December 13, 2019, including interim periods within those fiscal years. Entities will apply the standard's provisions as a cumulative-effect adjustment to retained earnings as of the beginning of the first reporting period in which the guidance is adopted. The Company is assessing the impact of ASU 2016-13 on its accounting and disclosures.

Earnings Per Share (Tables)

Earnings Per Share (Tables)	6 Months Ended
	Jun. 30, 2016
Earnings Per Share [Abstract]
Schedule of calculation of basic and diluted earnings per common share	Three Months Ended June 30, Six Months Ended June 30, 2016 2015 2016 2015 (Dollars in thousands, except per share data): Net income $ 3,643 $ 3,472 $ 7,256 $ 5,983 Less: Dividends to participating shares (9 ) (13 ) (18 ) (26 ) Income allocated to participating shares (22 ) (47 ) (43 ) (77 ) Net income allocated to common stockholders $ 3,612 $ 3,412 $ 7,195 $ 5,880 Weighted-average shares issued 17,976,893 18,006,129 17,976,893 18,006,129 Less: Average unallocated ESOP shares (921,744 ) (1,017,278 ) (933,600 ) (1,029,017 ) Average treasury stock (2,163,407 ) (2,034,097 ) (2,173,831 ) (2,005,332 ) Average unvested restricted stock (126,290 ) (260,282 ) (126,290 ) (263,565 ) Weighted-average basic shares outstanding 14,765,452 14,694,472 14,743,172 14,708,215 Plus: Average dilutive shares 311,839 144,982 300,383 136,779 Weighted-average diluted shares outstanding 15,077,291 14,839,454 15,043,555 14,844,994 Net earnings per share (1) Basic $ 0.24 $ 0.23 $ 0.49 $ 0.40 Diluted $ 0.24 $ 0.23 $ 0.48 $ 0.40 (1) Certain per share amounts may not appear to reconcile due to rounding.

Investment Securities (Tables)

Investment Securities (Tables)	6 Months Ended
	Jun. 30, 2016
Investments, Debt and Equity Securities [Abstract]
Schedule of investment securities	June 30, 2016 Recognized in OCI Not Recognized in OCI Gross Gross Gross Gross Amortized Unrealized Unrealized Carrying Unrealized Unrealized Fair (Dollars in thousands) Cost Gains Losses Value Gains Losses Value Available-for-sale Debt securities: U.S. Treasury obligations $ 30,796 $ 340 $ - $ 31,136 $ - $ - $ 31,136 U.S. Government agency obligations 106,991 267 (3 ) 107,255 - - 107,255 Government sponsored residential mortgage-backed securities 4,102 170 - 4,272 - - 4,272 Corporate debt securities 1,000 36 - 1,036 - - 1,036 Preferred equity securities 2,000 - (342 ) 1,658 - - 1,658 Marketable equity securities 108 60 (2 ) 166 - - 166 Mutual funds 4,014 - (141 ) 3,873 - - 3,873 Total securities available-for-sale $ 149,011 $ 873 $ (488 ) $ 149,396 $ - $ - $ 149,396 Held-to-maturity Government sponsored residential mortgage-backed securities $ 7,640 $ - $ - $ 7,640 $ 291 $ - $ 7,931 Total securities held-to-maturity $ 7,640 $ - $ - $ 7,640 $ 291 $ - $ 7,931 December 31, 2015 Recognized in OCI Not Recognized in OCI Gross Gross Gross Gross Amortized Unrealized Unrealized Carrying Unrealized Unrealized Fair (Dollars in thousands) Cost Gains Losses Value Gains Losses Value Available-for-sale Debt securities: U.S. Treasury obligations $ 38,782 $ 83 $ (6 ) $ 38,859 $ - $ - $ 38,859 U.S. Government agency obligations 82,002 43 (240 ) 81,805 - - 81,805 Government sponsored residential mortgage-backed securities 4,958 195 - 5,153 - - 5,153 Corporate debt securities 1,000 48 - 1,048 - - 1,048 Preferred equity securities 2,000 - (368 ) 1,632 - - 1,632 Marketable equity securities 108 54 (2 ) 160 - - 160 Mutual funds 3,957 - (190 ) 3,767 - - 3,767 Total securities available-for-sale $ 132,807 $ 423 $ (806 ) $ 132,424 $ - $ - $ 132,424 Held-to-maturity U.S. Government agency obligations $ 24,000 $ - $ - $ 24,000 $ 28 $ (20 ) $ 24,008 Government sponsored residential mortgage-backed securities 8,246 - - 8,246 103 - 8,349 Total securities held-to-maturity $ 32,246 $ - $ - $ 32,246 $ 131 $ (20 ) $ 32,357
Schedule of gross unrealized losses and fair value aggregated by investment category	June 30, 2016 Less than 12 Months 12 Months or More Total Gross Gross Gross Number of Fair Unrealized Fair Unrealized Fair Unrealized (Dollars in thousands) Securities Value Loss Value Loss Value Loss Available-for-sale: U.S. Government agency obligations 1 $ 9,998 $ (3 ) $ - $ - $ 9,998 $ (3 ) Preferred equity securities 1 - - 1,658 (342 ) 1,658 (342 ) Marketable equity securities 1 - - 4 (2 ) 4 (2 ) Mutual funds 1 - - 3,873 (141 ) 3,873 (141 ) Total investment securities in an unrealized loss position 4 $ 9,998 $ (3 ) $ 5,535 $ (485 ) $ 15,533 $ (488 ) December 31, 2015 Less than 12 Months 12 Months or More Total Gross Gross Gross Number of Fair Unrealized Fair Unrealized Fair Unrealized (Dollars in thousands) Securities Value Loss Value Loss Value Loss Available-for-sale: U.S. Treasury obligations 4 $ 19,935 $ (6 ) $ - $ - $ 19,935 $ (6 ) U.S. Government agency obligations 7 56,762 (240 ) - - 56,762 (240 ) Preferred equity securities 1 - - 1,632 (368 ) 1,632 (368 ) Marketable equity securities 1 - - 5 (2 ) 5 (2 ) Mutual funds 1 - - 2,768 (190 ) 2,768 (190 ) 14 $ 76,697 $ (246 ) $ 4,405 $ (560 ) $ 81,102 $ (806 ) Held-to-maturity U.S. Government agency obligations 1 $ 6,980 $ (20 ) $ - $ - $ 6,980 $ (20 ) 1 6,980 (20 ) - - 6,980 (20 ) Total investment securities in an unrealized loss position 15 $ 83,677 $ (266 ) $ 4,405 $ (560 ) $ 88,082 $ (826 )
Schedule of amortized cost and estimated market value of debt securities by contractual maturity	June 30, 2016 Available-for-Sale Held-to-Maturity Estimated Estimated Amortized Fair Amortized Fair Cost Value Cost Value (Dollars in thousands) Due in one year or less $ 24,481 $ 24,493 $ - $ - Due after one year through five years 114,306 114,934 - - Due after five years through ten years - - - - Due after ten years - - - - Government sponsored residential mortgage-backed securities 4,102 4,272 7,640 7,931 $ 142,889 $ 143,699 $ 7,640 $ 7,931 December 31, 2015 Available-for-Sale Held-to-Maturity Estimated Estimated Amortized Fair Amortized Fair Cost Value Cost Value (Dollars in thousands) Due in one year or less $ 54,499 $ 54,511 $ - $ - Due after one year through five years 67,285 67,201 24,000 24,008 Due after five years through ten years - - - - Due after ten years - - - - Government sponsored residential mortgage-backed securities 4,958 5,153 8,246 8,349 $ 126,742 $ 126,865 $ 32,246 $ 32,357

Loans and Allowance for Loan 30

Loans and Allowance for Loan Losses (Tables)	6 Months Ended
	Jun. 30, 2016
Receivables [Abstract]
Schedule of loans	June 30, December 31, 2016 2015 (Dollars in thousands) Real estate: Residential $ 842,427 $ 849,722 Commercial 922,643 887,431 Construction 41,466 30,895 Installment 3,267 2,970 Commercial 437,046 409,550 Collateral 1,689 1,668 Home equity line of credit 171,212 174,701 Revolving credit 79 91 Resort 535 784 Total loans 2,420,364 2,357,812 Net deferred loan costs 3,776 3,984 Loans 2,424,140 2,361,796 Allowance for loan losses (20,720 ) (20,198 ) Loans, net $ 2,403,420 $ 2,341,598
Schedule of changes in the allowance for loan losses by segments	For the Three Months Ended June 30, 2016 Balance at Charge-offs Recoveries Provision for Balance at (Dollars in thousands) Real estate Residential $ 3,926 $ - $ 1 $ (183 ) $ 3,744 Commercial 10,245 - - 244 10,489 Construction 296 - - 31 327 Installment 40 - - (1 ) 39 Commercial 4,247 (191 ) 1 573 4,630 Collateral - - - - - Home equity line of credit 1,420 - - 71 1,491 Revolving credit - (72 ) 6 66 - Resort - - - - - $ 20,174 $ (263 ) $ 8 $ 801 $ 20,720 For the Three Months Ended June 30, 2015 Balance at Charge-offs Recoveries Provision for Balance at (Dollars in thousands) Real estate Residential $ 4,383 $ (45 ) $ 16 $ 98 $ 4,452 Commercial 8,917 (213 ) - 297 9,001 Construction 472 - - (111 ) 361 Installment 40 (1 ) - (3 ) 36 Commercial 3,427 (18 ) - 336 3,745 Collateral - - - - - Home equity line of credit 1,993 - - (7 ) 1,986 Revolving credit - (59 ) 6 53 - Resort - - - - - $ 19,232 $ (336 ) $ 22 $ 663 $ 19,581 For the Six Months Ended June 30, 2016 Balance at Charge-offs Recoveries Provision for Balance at (Dollars in thousands) Real estate Residential $ 4,084 $ (24 ) $ 1 $ (317 ) $ 3,744 Commercial 10,255 - - 234 10,489 Construction 231 - - 96 327 Installment 39 (1 ) - 1 39 Commercial 4,119 (342 ) 10 843 4,630 Collateral - (10 ) - 10 - Home equity line of credit 1,470 - - 21 1,491 Revolving credit - (147 ) 17 130 - Resort - - - - - $ 20,198 $ (524 ) $ 28 $ 1,018 $ 20,720 For the Six Months Ended June 30, 2015 Balance at Charge-offs Recoveries Provision for Balance at (Dollars in thousands) Real estate Residential $ 4,382 $ (193 ) $ 16 $ 247 $ 4,452 Commercial 8,949 (213 ) - 265 9,001 Construction 478 - - (117 ) 361 Installment 41 (3 ) - (2 ) 36 Commercial 3,250 (20 ) - 515 3,745 Collateral - - - - - Home equity line of credit 1,859 (138 ) - 265 1,986 Revolving credit - (121 ) 15 106 - Resort 1 - - (1 ) - $ 18,960 $ (688 ) $ 31 $ 1,278 $ 19,581
Schedule of the allowance by impairment methodology and by loan segment	June 30, 2016 December 31, 2015 Reserve Reserve (Dollars in thousands) Total Allocation Total Allocation Loans individually evaluated for impairment: Real estate: Residential $ 12,364 $ 120 $ 12,377 $ 139 Commercial 15,746 10 16,152 26 Construction 4,719 - 4,719 - Installment 239 7 259 8 Commercial 2,997 291 6,023 361 Collateral - - - - Home equity line of credit 1,617 - 703 - Revolving credit - - - - Resort 535 - 784 - 38,217 428 41,017 534 Loans collectively evaluated for impairment: Real estate: Residential $ 834,599 $ 3,624 $ 841,921 $ 3,945 Commercial 906,190 10,479 870,757 10,229 Construction 36,747 327 26,176 231 Installment 3,020 32 2,695 31 Commercial 434,004 4,339 403,473 3,758 Collateral 1,689 - 1,668 - Home equity line of credit 169,595 1,491 173,998 1,470 Revolving credit 79 - 91 - Resort - - - - 2,385,923 20,292 2,320,779 19,664 Total $ 2,424,140 $ 20,720 $ 2,361,796 $ 20,198
Schedule of loan delinquencies at recorded investment values	June 30, 2016 30-59 Days 60-89 Days > 90 Days Past Due 90 (Dollars in thousands) Past Due Past Due Past Due Total and Still Number Amount Number Amount Number Amount Number Amount Accruing Real estate: Residential 13 $ 2,035 7 $ 911 14 $ 6,538 34 $ 9,484 $ - Commercial - - - - 1 941 1 941 - Construction - - - - 1 187 1 187 - Installment - - 1 26 - - 1 26 - Commercial - - - - 4 989 4 989 - Collateral 2 20 - - - - 2 20 - Home equity line of credit - - 2 460 1 69 3 529 - Demand 1 30 - - - - 1 30 - Revolving credit - - - - - - - - - Resort - - - - - - - - - Total 16 $ 2,085 10 $ 1,397 21 $ 8,724 47 $ 12,206 $ - December 31, 2015 30-59 Days 60-89 Days > 90 Days Past Due 90 (Dollars in thousands) Past Due Past Due Past Due Total and Still Number Amount Number Amount Number Amount Number Amount Accruing Real estate: Residential 18 $ 3,379 5 $ 863 15 $ 6,304 38 $ 10,546 $ - Commercial 2 318 - - 1 994 3 1,312 - Construction - - - - 1 187 1 187 - Installment 3 38 - - - - 3 38 - Commercial 4 153 - - 2 1,752 6 1,905 - Collateral 7 68 - - 1 10 8 78 - Home equity line of credit 3 280 2 360 2 210 7 850 - Demand 1 29 - - - - 1 29 - Revolving credit - - - - - - - - - Resort - - - - - - - - - Total 38 $ 4,265 7 $ 1,223 22 $ 9,457 67 $ 14,945 $ -
Schedule of nonperforming assets	June 30, December 31, (Dollars in thousands) 2016 2015 Nonaccrual loans: Real estate: Residential $ 9,385 $ 9,773 Commercial 1,040 1,106 Construction 187 187 Installment 26 32 Commercial 2,311 3,232 Collateral 11 10 Home equity line of credit 563 573 Revolving credit - - Resort - - Total nonaccruing loans 13,523 14,913 Loans 90 days past due and still accruing - - Other real estate owned 279 279 Total nonperforming assets $ 13,802 $ 15,192
Schedule of summary of information pertaining to impaired loans	June 30, 2016 December 31, 2015 Unpaid Unpaid Recorded Principal Related Recorded Principal Related (Dollars in thousands) Investment Balance Allowance Investment Balance Allowance Impaired loans without a valuation allowance: Real estate: Residential $ 11,628 $ 13,052 $ - $ 11,530 $ 12,878 $ - Commercial 12,852 12,967 - 13,233 13,303 - Construction 4,719 4,965 - 4,719 4,965 - Installment 214 230 - 202 202 - Commercial 1,988 2,167 - 3,921 4,066 - Collateral - - - - - - Home equity line of credit 1,617 1,642 - 703 719 - Revolving credit - - - - - - Resort 535 535 - 784 784 - Total 33,553 35,558 - 35,092 36,917 - Impaired loans with a valuation allowance: Real estate: Residential 736 755 120 847 881 139 Commercial 2,894 2,894 10 2,919 2,919 26 Construction - - - - - - Installment 25 25 7 57 72 8 Commercial 1,009 1,698 291 2,102 2,457 361 Collateral - - - - - - Home equity line of credit - - - - - - Revolving credit - - - - - - Resort - - - - - - Total 4,664 5,372 428 5,925 6,329 534 Total impaired loans $ 38,217 $ 40,930 $ 428 $ 41,017 $ 43,246 $ 534
Schedule of average recorded investment and interest income recognized on impaired loans	Three Months Six Months Three Months Six Months Ended Ended Ended Ended June 30, June 30, June 30, June 30, June 30, June 30, 2016 2016 2016 2015 2015 2015 Average Interest Interest Average Interest Interest Recorded Income Income Recorded Income Income (Dollars in thousands) Investment Recognized Recognized Investment Recognized Recognized Impaired loans without a valuation allowance: Real estate: Residential $ 11,260 $ 24 $ 48 $ 7,934 $ 26 $ 53 Commercial 13,138 132 271 14,016 147 289 Construction 4,719 34 69 3,586 34 68 Installment 220 3 6 230 4 7 Commercial 3,101 8 19 3,879 26 55 Collateral - - - - - - Home equity line of credit 1,195 8 10 953 - 2 Revolving Credit - - - - - - Resort 721 6 13 859 7 14 Total 34,354 215 436 31,457 244 488 Impaired loans with a valuation allowance: Real estate: Residential 855 8 19 3,652 9 18 Commercial 2,913 35 70 4,674 35 87 Construction - - - - - - Installment 34 - - 29 - - Commercial 1,966 1 2 1,417 5 10 Collateral - - - - - - Home equity line of credit - - - - - - Revolving Credit - - - - - - Resort - - - - - - Total 5,768 44 91 9,772 49 115 Total impaired loans $ 40,122 $ 259 $ 527 $ 41,229 $ 293 $ 603
Schedule of loans terms modified in a troubled debt restructuring	June 30, 2016 TDRs on Accrual Status TDRs on Nonaccrual Status Total TDRs (Dollars in thousands) Number of Recorded Number of Recorded Number of Recorded Real estate: Residential 14 $ 2,529 9 $ 4,761 23 $ 7,290 Commercial 4 6,544 - - 4 6,544 Construction 1 4,532 1 187 2 4,719 Installment 4 213 1 26 5 239 Commercial 3 414 8 1,323 11 1,737 Collateral - - - - - - Home equity line of credit 8 1,078 1 59 9 1,137 Revolving credit - - - - - - Resort 1 535 - - 1 535 Total 35 $ 15,845 20 $ 6,356 55 $ 22,201 December 31, 2015 TDRs on Accrual Status TDRs on Nonaccrual Status Total TDRs (Dollars in thousands) Number of Recorded Number of Recorded Number of Recorded Real estate: Residential 14 $ 2,242 11 $ 5,557 25 $ 7,799 Commercial 4 6,664 - - 4 6,664 Construction 1 4,532 1 187 2 4,719 Installment 4 227 2 32 6 259 Commercial 6 2,350 8 1,482 14 3,832 Collateral - - - - - - Home equity line of credit 3 153 - - 3 153 Revolving credit - - - - - - Resort 1 784 - - 1 784 Total 33 $ 16,952 22 $ 7,258 55 $ 24,210
Schedule of recorded investment in the loans prior to a modification and also the recorded investment in the loans after the loans were restructured	For the Three Months Ended June 30, 2016 For the Six Months Ended June 30, 2016 (Dollars in thousands) Number of Recorded Recorded Investment After Modification (1) Number of Recorded Recorded Investment After Modification (1) Troubled Debt Restructurings: Home equity line of credit 3 $ 141 $ 141 6 $ 985 $ 984 Total 3 $ 141 $ 141 6 $ 985 $ 984 For the Three Months Ended June 30, 2015 For the Six Months Ended June 30, 2015 (Dollars in thousands) Number of Recorded Recorded Investment After Modification (1) Number of Recorded Recorded Investment After Modification (1) Troubled Debt Restructurings: Real estate Residential 5 $ 922 $ 922 6 $ 1,043 $ 1,042 Commercial 1 493 490 Installment - - - 1 44 43 Commercial 2 34 34 3 132 131 Home equity line of credit 1 26 26 3 153 153 Total 8 $ 982 $ 982 14 $ 1,865 $ 1,859 (1) The period end balances are inclusive of all partial paydowns and charge-offs since the modification date. TDRs fully paid off, charged-off or foreclosed upon by period end are not included.
Schedule of TDR loans modified by means of extended maturity, below market adjusted interest rates, a combination of rate and maturity, or by other means including covenant modifications, forbearance concessions	For the Three Months Ended June 30, 2016 (Dollars in thousands) Number of Modifications Extended Maturity Adjusted Interest Rates Combination of Rate and Maturity Other Total Home equity line of credit 3 $ - $ - $ - $ 141 $ 141 Total 3 $ - $ - $ - $ 141 $ 141 For the Six Months Ended June 30, 2016 (Dollars in thousands) Number of Modifications Extended Maturity Adjusted Interest Rates Combination of Rate and Maturity Other Total Home equity line of credit 6 $ - $ - $ - $ 984 $ 984 Total 6 $ - $ - $ - $ 984 $ 984 For the Three Months Ended June 30, 2015 (Dollars in thousands) Number of Modifications Extended Maturity Adjusted Interest Rates Combination of Rate and Maturity Other Total Real estate Residential 5 $ - $ - $ - $ 922 $ 922 Commercial 2 - - 34 - 34 Home equity line of credit 1 - - - 26 26 Total 8 $ - $ - $ 34 $ 948 $ 982 For the Six Months Ended June 30, 2015 (Dollars in thousands) Number of Modifications Extended Maturity Adjusted Interest Rates Combination of Rate and Maturity Other Total Real estate Residential 6 $ - $ - $ - $ 1,042 $ 1,042 Commercial 1 - - - 490 490 Installment 1 - - - 43 43 Commercial 3 - - 34 97 131 Home Equity line of credit 3 - - - 153 153 Total 14 $ - $ - $ 34 $ 1,825 $ 1,859
Schedule of loans by risk rating	June 30, 2016 (Dollars in thousands) Pass Special Mention Substandard Doubtful Total Real estate: Residential $ 831,732 $ 978 $ 9,717 $ - $ 842,427 Commercial 906,783 7,100 8,760 - 922,643 Construction 36,747 - 4,719 - 41,466 Installment 3,213 28 26 - 3,267 Commercial 418,144 6,257 12,516 129 437,046 Collateral 1,678 - 11 - 1,689 Home equity line of credit 170,460 - 752 - 171,212 Revolving credit 79 - - - 79 Resort 535 - - - 535 Total Loans $ 2,369,371 $ 14,363 $ 36,501 $ 129 $ 2,420,364 December 31, 2015 (Dollars in thousands) Pass Special Mention Substandard Doubtful Total Real estate: Residential $ 838,314 $ 1,154 $ 10,254 $ - $ 849,722 Commercial 867,531 10,861 9,039 - 887,431 Construction 26,176 - 4,719 - 30,895 Installment 2,886 52 32 - 2,970 Commercial 390,719 10,354 8,311 166 409,550 Collateral 1,647 - 21 - 1,668 Home equity line of credit 173,879 229 593 - 174,701 Revolving credit 91 - - - 91 Resort 784 - - - 784 Total Loans $ 2,302,027 $ 22,650 $ 32,969 $ 166 $ 2,357,812

Deposits (Tables)

Deposits (Tables)	6 Months Ended
	Jun. 30, 2016
Banking and Thrift [Abstract]
Schedule of deposit	June 30, December 31, 2016 2015 (Dollars in thousands) Noninterest-bearing demand deposits $ 415,562 $ 401,388 Interest-bearing NOW accounts 429,973 468,054 Money market 498,847 460,737 Savings accounts 229,868 220,389 Time deposits 477,188 440,790 Total interest-bearing deposits 1,635,876 1,589,970 Total deposits $ 2,051,438 $ 1,991,358

Pension and Other Postretirem32

Pension and Other Postretirement Benefit Plans (Tables)	6 Months Ended
	Jun. 30, 2016
Compensation and Retirement Disclosure [Abstract]
Schedule of components of net periodic pension and benefit costs	Pension Benefits Other Postretirement Benefits Three Months Ended June 30, Three Months Ended June 30, 2016 2015 2016 2015 (Dollars in thousands) Service cost $ - $ - $ 14 $ 14 Interest cost 262 259 30 30 Expected return on plan assets (278 ) (362 ) - - Amortization: - Loss 176 176 - 3 Prior service cost - - (13 ) (13 ) Net periodic benefit cost $ 160 $ 73 $ 31 $ 34 Pension Benefits Other Postretirement Benefits Six Months Ended June 30, Six Months Ended June 30, 2016 2015 2016 2015 (Dollars in thousands) Service cost $ - $ - $ 28 $ 29 Interest cost 525 518 60 61 Expected return on plan assets (556 ) (724 ) - - Amortization: - Loss 352 354 - 6 Prior service cost - - (25 ) (25 ) Net periodic benefit cost $ 321 $ 148 $ 63 $ 71
Schedule of shares held by the ESOP	Allocated 476,805 Committed to be released 47,420 Unallocated 906,191 1,430,416

Stock Incentive Plan (Tables)

Stock Incentive Plan (Tables)	6 Months Ended
	Jun. 30, 2016
Compensation and Retirement Disclosure [Abstract]
Schedule of weighted-average assumptions	2016 2015 Weighted per share average fair value of options granted $ 2.98 $ 3.33 Weighted-average assumptions: Risk-free interest rate 1.59 % 1.51 % Expected volatility 23.11 % 26.03 % Expected dividend yield 2.13 % 1.99 % Weighted-average dividend yield 1.72% - 2.35 % 1.25% - 2.59 % Expected life of options granted 6.0 years 6.0 years
Schedule of summary of the company's stock option activity and related information for its option grants	Number of Weighted-Average Weighted-Average Aggregate Outstanding at December 31, 2015 1,656,157 $ 13.11 Granted 7,000 16.07 Exercised (93,631 ) 12.99 Forfeited (800 ) 14.17 Expired - - Outstanding at June 30, 2016 1,568,726 $ 13.13 6.30 $ 5,379 Exercisable at June 30, 2016 1,214,906 $ 13.05 6.22 $ 4,267
Schedule of summary of the status of the company's restricted stock	Number of Weighted-Average Unvested at December 31, 2015 126,290 $ 12.95 Granted - - Vested - - Forfeited - - Unvested at June 30, 2016 126,290 $ 12.95

Derivative Financial Instrume34

Derivative Financial Instruments (Tables)	6 Months Ended
	Jun. 30, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of interest rate swaps that were not designated for hedge accounting	June 30, 2016 December 31, 2015 (Dollars in thousands) Consolidated # of Notional Estimated # of Notional Estimated Commercial loan customer interest rate swap position Other Assets 75 $ 341,247 $ 25,546 60 $ 257,693 $ 10,564 Commercial loan customer interest rate swap position Other Liabilities - - - 6 23,411 (78 ) Counterparty interest rate swap position Other Liabilities 75 341,247 (25,837 ) 66 281,104 (10,599 )
Schedule of changes in the fair value of non-hedge accounting derivatives	For The Three Months Ended June 30, 2016 2015 Interest Income MTM Gain Net Impact Interest Income MTM Gain Net Impact (Dollars in thousands) Commercial loan customer interest rate swap position $ (1,441 ) $ 5,190 $ 3,749 $ (1,160 ) $ (4,078 ) $ (5,238 ) Counterparty interest rate swap position 1,441 (5,190 ) (3,749 ) 1,160 4,078 5,238 Total $ - $ - $ - $ - $ - $ - For The Six Months Ended June 30, 2016 2015 Interest Income MTM Gain Net Impact Interest Income MTM Gain Net Impact (Dollars in thousands) Commercial loan customer interest rate swap position $ (2,813 ) $ 14,982 $ 12,169 $ (2,337 ) $ (775 ) $ (3,112 ) Counterparty interest rate swap position 2,813 (14,982 ) (12,169 ) 2,337 775 3,112 Total $ - $ - $ - $ - $ - $ -

Offsetting of Financial Asset35

Offsetting of Financial Assets and Liabilities (Tables)	6 Months Ended
	Jun. 30, 2016
Offsetting Of Financial Assets And Liabilities [Abstract]
Schedule of remaining contractual maturities of repurchase agreement borrowings and repurchase liabilities	June 30, 2016 December 31, 2015 Remaining Contractual Maturity of the Agreements Remaining Contractual Maturity of the Agreements (Dollars in thousands) Overnight Up to One One Year to Total Overnight Up to One One Year to Total Repurchase agreement borrowings U.S. Government agency obligations $ - $ - $ 6,000 $ 6,000 $ - $ - $ 6,000 $ 6,000 Government sponsored residential mortgage-backed securities - - 4,500 4,500 - - 4,500 4,500 Total repurchase agreement borrowings - - 10,500 10,500 - - 10,500 10,500 Repurchase liabilities U.S. Government agency obligations 63,027 - - 63,027 35,769 - - 35,769 Total repurchase liabilities 63,027 - - 63,027 35,769 - - 35,769 Total $ 63,027 $ - $ 10,500 $ 73,527 $ 35,769 $ - $ 10,500 $ 46,269
Schedule of potential effect of rights of setoff associated with recognized financial assets and liabilities	June 30, 2016 Gross Amounts Not Offset in the Statement of Gross Amount Gross Amounts Net Amounts of Financial Securities Cash Net (Dollars in thousands) Interest rate swap derivatives $ 25,546 $ - $ 25,546 $ - $ - $ 25,100 $ 446 Total $ 25,546 $ - $ 25,546 $ - $ - $ 25,100 $ 446 June 30, 2016 Gross Amounts Not Offset in the Statement of Gross Amount Gross Amounts Net Amounts of Financial Securities Cash Net (Dollars in thousands) Interest rate swap derivatives $ 25,837 $ - $ 25,837 $ - $ - $ 25,100 $ 737 Repurchase agreement borrowings 10,500 - 10,500 - 10,500 - - Total $ 36,337 $ - $ 36,337 $ - $ 10,500 $ 25,100 $ 737 December 31, 2015 Gross Amounts Not Offset in the Statement of Gross Amount Gross Amounts Net Amounts of Financial Securities Cash Net (Dollars in thousands) Interest rate swap derivatives $ 10,564 $ - $ 10,564 $ - $ - $ 10,564 $ - Total $ 10,564 $ - $ 10,564 $ - $ - $ 10,564 $ - December 31, 2015 Gross Amounts Not Offset in the Statement of Gross Amount Gross Amounts Net Amounts of Financial Securities Cash Net (Dollars in thousands) Interest rate swap derivatives $ 10,677 $ - $ 10,677 $ - $ - $ 10,677 $ - Repurchase agreement borrowings 10,500 - 10,500 - 10,500 - - Total $ 21,177 $ - $ 21,177 $ - $ 10,500 $ 10,677 $ -

Financial Instruments with Of36

Financial Instruments with Off-Balance Sheet Risk (Tables)	6 Months Ended
	Jun. 30, 2016
Financial Instruments With Off Balance Sheet Risk Disclosure [Abstract]
Schedule of financial instruments whose contract amounts represent credit risk	June 30, December 31, 2016 2015 (Dollars in thousands) Approved loan commitments $ 43,344 $ 46,144 Unadvanced portion of construction loans 46,796 44,457 Unused lines for home equity loans 188,883 204,983 Unused revolving lines of credit 70 365 Unused commercial letters of credit 3,433 3,558 Unused commercial lines of credit 204,335 187,819 $ 486,861 $ 487,326

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	6 Months Ended
	Jun. 30, 2016
Fair Value Disclosures [Abstract]
Schedule of financial instruments carried at fair value on a recurring basis	June 30, 2016 Quoted Prices in Significant Significant (Dollars in thousands) Total (Level 1) (Level 2) (Level 3) Assets U.S. Treasury obligations $ 31,136 $ 13,994 $ 17,142 $ - U.S. Government agency obligations 107,255 - 107,255 - Government sponsored residential mortgage-backed securities 4,272 - 4,272 - Corporate debt securities 1,036 - 1,036 - Preferred equity securities 1,658 1,658 - - Marketable equity securities 166 166 - - Mutual funds 3,873 - 3,873 - Securities available-for-sale 149,396 15,818 133,578 - Interest rate swap derivative 25,546 - 25,546 - Derivative loan commitments 517 - - 517 Total $ 175,459 $ 15,818 $ 159,124 $ 517 Liabilities Interest rate swap derivative $ 25,837 $ - $ 25,837 $ - Forward loan sales commitments 340 - - 340 Total $ 26,177 $ - $ 25,837 $ 340 December 31, 2015 Quoted Prices in Significant Significant (Dollars in thousands) Total (Level 1) (Level 2) (Level 3) Assets U.S. Treasury obligations $ 38,859 $ 21,996 $ 16,863 $ - U.S. Government agency obligations 81,805 - 81,805 - Government sponsored residential mortgage-backed securities 5,153 - 5,153 - Corporate debt securities 1,048 - 1,048 - Preferred equity securities 1,632 1,632 - - Marketable equity securities 160 160 - - Mutual funds 3,767 - 3,767 - Securities available-for-sale 132,424 23,788 108,636 - Interest rate swap derivative 10,564 - 10,564 - Derivative loan commitments 207 - - 207 Total $ 143,195 $ 23,788 $ 119,200 $ 207 Liabilities Interest rate swap derivative $ 10,677 $ - $ 10,677 $ - Forward loan sales commitments 70 - - 70 Total $ 10,747 $ - $ 10,677 $ 70
Schedule of assets measured at fair value according to Level 3 inputs	Derivative and Forward Loan Sales Commitments, Net For the Three Months Ended June 30, For the Six Months Ended June 30, 2016 2015 2016 2015 (Dollars in thousands) Balance, at beginning of period $ 192 $ 144 $ 137 $ 14 Total realized gain (loss): Included in earnings (15 ) (4 ) 40 126 Balance, at the end of period $ 177 $ 140 $ 177 $ 140
Schedule of valuation methodology and unobservable inputs for Level 3 assets measured at fair value on a recurring basis	June 30, 2016 Significant (Dollars in thousands) Fair Value Valuation Methodology Unobservable Inputs Input Derivative and forward loan sales commitments, net $ 177 Adjusted quoted prices in active markets Embedded servicing value 0.99 % December 31, 2015 Significant (Dollars in thousands) Fair Value Valuation Methodology Unobservable Inputs Input Derivative and forward loan sales commitments, net $ 137 Adjusted quoted prices in active markets Embedded servicing value 1.28 %
Schedule of financial instruments carried at fair value on a nonrecurring basis	June 30, 2016 December 31, 2015 Quoted Prices in Significant Significant Quoted Prices in Significant Significant Active Markets for Observable Unobservable Active Markets for Observable Unobservable Identical Assets Inputs Inputs Identical Assets Inputs Inputs (Level 1) (Level 2) (Level 3) (Level 1) (Level 2) (Level 3) (Dollars in thousands) Impaired loans $ - $ - $ 972 $ - $ - $ 4,225 Mortgage servicing rights - - 4,222 - - - Other real estate owned - - - - - 279
Schedule of valuation methodology and unobservable inputs for Level 3 assets measured at fair value on a non-recurring basis	June 30, 2016 Significant Weighted (Dollars in thousands) Fair Value Valuation Methodology Unobservable Inputs Range of Inputs Average Inputs Impaired loans $ 972 Appraisals Discount for dated appraisal 5% - 20% 12.5 % Discount for costs to sell 8% - 15% 11.5 % Mortgage servicing rights $ 4,222 Discounted Cash Flows Prepayment speeds 10.81% - 20.95% 14.19 % Discount rate n/a 9.125 % December 31, 2015 Significant Weighted (Dollars in thousands) Fair Value Valuation Methodology Unobservable Inputs Range of Inputs Average Inputs Impaired loans $ 4,225 Appraisals Discount for dated appraisal 5% - 20% 12.5 % Discount for costs to sell 8% - 15% 11.5 % Other real estate owned $ 279 Appraisals Discount for costs to sell 8% - 15% 11.5 % Discount for condition 10% - 30% 20.0 %
Schedule of carrying amount, fair value, and placement in the fair value hierarchy of the Company's financial instruments	June 30, 2016 December 31, 2015 Estimated Estimated Fair Value Carrying Fair Carrying Fair Hierarchy Level Amount Value Amount Value (Dollars in thousands) Financial assets Securities held-to-maturity Level 2 $ 7,640 $ 7,931 $ 32,246 $ 32,357 Securities available-for-sale See previous table 149,396 149,396 132,424 132,424 Loans Level 3 2,424,140 2,412,165 2,361,796 2,336,293 Loans held-for-sale Level 2 6,912 7,109 9,637 9,686 Mortgage servicing rights Level 3 4,222 4,222 4,406 5,029 Federal Home Loan Bank of Boston stock Level 2 18,240 18,240 21,729 21,729 Alternative investments Level 3 2,499 2,247 2,508 2,409 Interest rate swap derivatives Level 2 25,546 25,546 10,564 10,564 Derivative loan commitments Level 3 517 517 207 207 Financial liabilities Deposits other than time deposits Level 1 1,574,250 1,574,250 1,550,568 1,550,568 Time deposits Level 2 477,188 481,620 440,790 444,803 Federal Home Loan Bank of Boston advances Level 2 340,600 343,321 377,600 376,626 Repurchase agreement borrowings Level 2 10,500 10,571 10,500 10,539 Repurchase liabilities Level 2 63,027 63,020 35,769 35,765 Interest rate swap derivatives Level 2 25,837 25,837 10,677 10,677 Forward loan sales commitments Level 3 340 340 70 70

Regulatory Matters (Tables)

Regulatory Matters (Tables)	6 Months Ended
	Jun. 30, 2016
Regulatory Matters Disclosure [Abstract]
Schedule of actual capital amounts and ratios for the Company and the Bank	Actual Minimum Required To Be Well (Dollars in thousands) Amount Ratio Amount Ratio Amount Ratio Farmington Bank: At June 30, 2016 Total Capital (to Risk Weighted Assets) $ 244,519 11.07 % $ 176,707 8.00 % $ 220,884 10.00 % Tier I Capital (to Risk Weighted Assets) 223,726 10.12 132,644 6.00 176,858 8.00 Common Equity Tier I Capital (to Risk Weighted Assets) 223,726 10.12 99,483 4.50 143,698 6.50 Tier I Leverage Capital (to Average Assets) 223,726 8.27 108,211 4.00 135,264 5.00 At December 31, 2015 Total Capital (to Risk Weighted Assets) $ 236,486 11.16 % $ 169,524 8.00 % $ 211,905 10.00 % Tier I Capital (to Risk Weighted Assets) 215,787 10.18 127,183 6.00 169,577 8.00 Common Equity Tier I Capital (to Risk Weighted Assets) 215,787 10.18 95,387 4.50 137,781 6.50 Tier I Leverage Capital (to Average Assets) 215,787 8.03 107,490 4.00 134,363 5.00 First Connecticut Bancorp, Inc.: At June 30, 2016 Total Capital (to Risk Weighted Assets) $ 279,212 12.63 % $ 176,856 8.00 % $ 221,070 10.00 % Tier I Capital (to Risk Weighted Assets) 258,419 11.69 132,636 6.00 176,848 8.00 Common Equity Tier I Capital (to Risk Weighted Assets) 258,419 11.69 99,477 4.50 143,689 6.50 Tier I Leverage Capital (to Average Assets) 258,419 9.55 108,238 4.00 135,298 5.00 At December 31, 2015 Total Capital (to Risk Weighted Assets) $ 273,255 12.88 % $ 169,724 8.00 % $ 212,155 10.00 % Tier I Capital (to Risk Weighted Assets) 252,556 11.91 127,232 6.00 169,643 8.00 Common Equity Tier I Capital (to Risk Weighted Assets) 252,556 11.91 95,424 4.50 137,835 6.50 Tier I Leverage Capital (to Average Assets) 252,556 9.39 107,585 4.00 134,481 5.00

Other Comprehensive Income (Tab

Other Comprehensive Income (Tables)	6 Months Ended
	Jun. 30, 2016
Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]
Schedule of changes in accumulated other comprehensive loss by component	Three Months Ended June 30, 2016 Investment Employee Benefit Accumulated (Dollars in thousands) Balance at March 31, 2016 $ 166 $ (6,807 ) $ (6,641 ) Other comprehensive income during the period 81 - 81 Amount reclassified from accumulated other comprehensive income, net of tax - 105 105 Net change 81 105 186 Balance at June 30, 2016 $ 247 $ (6,702 ) $ (6,455 ) Three Months Ended June 30, 2015 Investment Employee Benefit Accumulated (Dollars in thousands) Balance at March 31, 2015 $ 1,105 $ (7,452 ) $ (6,347 ) Other comprehensive loss during the period (1,810 ) - (1,810 ) Amount reclassified from accumulated other comprehensive income, net of tax 810 19 829 Net change (1,000 ) 19 (981 ) Balance at June 30, 2015 $ 105 $ (7,433 ) $ (7,328 ) Six Months Ended June 30, 2016 Investment Employee Benefit Accumulated (Dollars in thousands) Balance at December 31, 2015 $ (249 ) $ (6,913 ) $ (7,162 ) Other comprehensive income during the period 496 - 496 Amount reclassified from accumulated other comprehensive income, net of tax - 211 211 Net change 496 211 707 Balance at June 30, 2016 $ 247 $ (6,702 ) $ (6,455 ) Six Months Ended June 30, 2015 Investment Employee Benefit Accumulated (Dollars in thousands) Balance at December 31, 2014 $ 1,046 $ (7,557 ) $ (6,511 ) Other comprehensive loss during the period (1,928 ) - (1,928 ) Amount reclassified from accumulated other comprehensive income, net of tax 987 124 1,111 Net change (941 ) 124 (817 ) Balance at June 30, 2015 $ 105 $ (7,433 ) $ (7,328 )
Schedule of reconciliation of the changes in components of other comprehensive income	For the Three Months Ended June 30, 2016 Pre Tax Tax Benefit After Tax (Dollars in thousands) Unrealized gains on available-for-sale securities $ 126 $ (45 ) $ 81 Less: net security gains reclassified into other noninterest income - - - Net change in fair value of securities available-for-sale 126 (45 ) 81 Reclassification adjustment for prior service costs and net gain included in net periodic pension costs (1) 163 (58 ) 105 Total other comprehensive income $ 289 $ (103 ) $ 186 For the Three Months Ended June 30, 2015 Pre Tax Tax Benefit After Tax (Dollars in thousands) Unrealized losses on available-for-sale securities $ (2,793 ) $ 983 $ (1,810 ) Less: net security gains reclassified into other noninterest income 1,250 (440 ) 810 Net change in fair value of securities available-for-sale (1,543 ) 543 (1,000 ) Reclassification adjustment for prior service costs and net gain included in net periodic pension costs (1) 29 (10 ) 19 Total other comprehensive loss $ (1,514 ) $ 533 $ (981 ) For the Six Months Ended June 30, 2016 Pre Tax Tax Benefit After Tax (Dollars in thousands) Unrealized gains on available-for-sale securities $ 768 $ (272 ) $ 496 Less: net security gains reclassified into other noninterest income - - - Net change in fair value of securities available-for-sale 768 (272 ) 496 Reclassification adjustment for prior service costs and net gain included in net periodic pension costs (1) 327 (116 ) 211 Total other comprehensive income $ 1,095 $ (388 ) $ 707 For the Six Months Ended June 30, 2015 Pre Tax Tax Benefit After Tax (Dollars in thousands) Unrealized losses on available-for-sale securities $ (2,975 ) $ 1,047 $ (1,928 ) Less: net security gains reclassified into other noninterest income 1,523 (536 ) 987 Net change in fair value of securities available-for-sale (1,452 ) 511 (941 ) Reclassification adjustment for prior service costs and net gain included in net periodic pension costs (1) 191 (67 ) 124 Total other comprehensive loss $ (1,261 ) $ 444 $ (817 ) (1) Amounts are included in salaries and employee benefits in the unaudited Consolidated Statements of Income.

Summary of Significant Accoun40

Summary of Significant Accounting Policies (Detail Textuals) $ in Millions	6 Months Ended
	Jun. 30, 2016USD ($)Branchshares	Jun. 21, 2013shares
Accounting Policies [Abstract]
Number of branch offices | Branch	24
Maximum number of shares authorized to repurchase		1,676,452
Percentage of current outstanding common stock as shares to be repurchased		10.00%
Number of shares repurchased	156,800
Value of shares repurchased | $	$ 2.5
Number of shares remaining to repurchase	600,945

Summary of Significant Accoun41

Summary of Significant Accounting Policies (Detail Textuals 1) - USD ($)	3 Months Ended	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2016	Dec. 31, 2015
Accounts, Notes, Loans and Financing Receivable [Line Items]
Minimum limit of nonaccrual loans outstanding	$ 100,000	$ 100,000
Foreclosed real estate included in prepaid expenses and other assets	279,000	279,000	$ 279,000
Recorded investment of consumer mortgage loans	3,900,000	$ 3,900,000
Defined benefit plans, general information		In addition to providing pension benefits, we provide certain health care and life insurance benefits for retired employees. Participants or eligible employees hired before January 1, 1993 become eligible for the benefits if they retire after reaching age 62 with fifteen or more years of service.
Change in Accounting Estimate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Decreased in valuation allowance associated with financial instruments with off-balance sheet risk	423,000	$ 423,000
Amount of increase in net income	$ 275,000	$ 275,000
Amount increased per diluted net earnings per share (in dollars per share)	$ 0.02	$ 0.02
Real estate | Residential
Accounts, Notes, Loans and Financing Receivable [Line Items]
Threshold percentage limit of purchase price of the property		95.00%
Maximum limit loan-to-value ratio in percentage		80.00%
Home equity line of credit
Accounts, Notes, Loans and Financing Receivable [Line Items]
Maximum limit loan-to-value ratio in percentage		80.00%
Term of line of credit		10 years
Minimum
Accounts, Notes, Loans and Financing Receivable [Line Items]
Percentage of unallocated allowances		0.00%
Maximum
Accounts, Notes, Loans and Financing Receivable [Line Items]
Percentage of unallocated allowances		5.00%

Restrictions on Cash and Due 42

Restrictions on Cash and Due from Banks (Detail Textuals) - USD ($) $ in Millions	Jun. 30, 2016	Dec. 31, 2015
Restrictions On Cash and Due From Banks [Abstract]
Cash and liquid assets required	$ 29.5	$ 17.7

Earnings Per Share - Calculatio

Earnings Per Share - Calculation of basic and diluted earnings per common share (Details) - USD ($) $ / shares in Units, $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Earnings Per Share [Abstract]
Net income		$ 3,643	$ 3,472	$ 7,256	$ 5,983
Less: Dividends to participating shares		(9)	(13)	(18)	(26)
Income allocated to participating shares		(22)	(47)	(43)	(77)
Net income allocated to common stockholders		$ 3,612	$ 3,412	$ 7,195	$ 5,880
Weighted-average shares issued		17,976,893	18,006,129	17,976,893	18,006,129
Less: Average unallocated ESOP shares		(921,744)	(1,017,278)	(933,600)	(1,029,017)
Average treasury stock		(2,163,407)	(2,034,097)	(2,173,831)	(2,005,332)
Average unvested restricted stock		(126,290)	(260,282)	(126,290)	(263,565)
Weighted-average basic shares outstanding		14,765,452	14,694,472	14,743,172	14,708,215
Plus: Average dilutive shares		311,839	144,982	300,383	136,779
Weighted-average diluted shares outstanding		15,077,291	14,839,454	15,043,555	14,844,994
Net earnings per share:
Basic (in dollars per share)	[1]	$ 0.24	$ 0.23	$ 0.49	$ 0.40
Diluted (in dollars per share)	[1]	$ 0.24	$ 0.23	$ 0.48	$ 0.40
[1]	Certain per share amounts may not appear to reconcile due to rounding.

Earnings Per Share (Detail Text

Earnings Per Share (Detail Textuals) - shares	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Stock options
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Number of antidilutive securities excluded from earnings per share calculation	59,000	93,250

Investment Securities - Summary

Investment Securities - Summary (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Available-for-sale
Amortized Cost	$ 149,011	$ 132,807
Gross Unrealized Gains - Recognized in OCI	873	423
Gross Unrealized Losses - Recognized in OCI	(488)	(806)
Carrying Value	149,396	132,424
Gross Unrealized Gains - Not Recognized in OCI
Gross Unrealized Losses -Not Recognized in OCI
Fair Value	149,396	132,424
Held-to-maturity
Amortized Cost	7,640	32,246
Gross Unrealized Gains - Recognized in OCI
Gross unrealized losses - Recognized in OCI
Carrying Value	7,640	32,246
Gross Unrealized Gains - Not Recognized in OCI	291	131
Gross Unrealized Losses - Not Recognized in OCI		(20)
Fair Value	7,931	32,357
U.S. Treasury obligations
Available-for-sale
Amortized Cost	30,796	38,782
Gross Unrealized Gains - Recognized in OCI	340	83
Gross Unrealized Losses - Recognized in OCI		(6)
Carrying Value	31,136	38,859
Gross Unrealized Gains - Not Recognized in OCI
Gross Unrealized Losses -Not Recognized in OCI
Fair Value	31,136	38,859
U.S. Government agency obligations
Available-for-sale
Amortized Cost	106,991	82,002
Gross Unrealized Gains - Recognized in OCI	267	43
Gross Unrealized Losses - Recognized in OCI	(3)	(240)
Carrying Value	107,255	81,805
Gross Unrealized Gains - Not Recognized in OCI
Gross Unrealized Losses -Not Recognized in OCI
Fair Value	107,255	81,805
Held-to-maturity
Amortized Cost		24,000
Gross Unrealized Gains - Recognized in OCI
Gross unrealized losses - Recognized in OCI
Carrying Value		24,000
Gross Unrealized Gains - Not Recognized in OCI		28
Gross Unrealized Losses - Not Recognized in OCI		(20)
Fair Value		24,008
Government sponsored residential mortgage-backed securities
Available-for-sale
Amortized Cost	4,102	4,958
Gross Unrealized Gains - Recognized in OCI	170	195
Gross Unrealized Losses - Recognized in OCI
Carrying Value	4,272	5,153
Gross Unrealized Gains - Not Recognized in OCI
Gross Unrealized Losses -Not Recognized in OCI
Fair Value	4,272	5,153
Held-to-maturity
Amortized Cost	7,640	8,246
Gross Unrealized Gains - Recognized in OCI
Gross unrealized losses - Recognized in OCI
Carrying Value	7,640	8,246
Gross Unrealized Gains - Not Recognized in OCI	291	103
Gross Unrealized Losses - Not Recognized in OCI
Fair Value	7,931	8,349
Corporate debt securities
Available-for-sale
Amortized Cost	1,000	1,000
Gross Unrealized Gains - Recognized in OCI	36	48
Gross Unrealized Losses - Recognized in OCI
Carrying Value	1,036	1,048
Gross Unrealized Gains - Not Recognized in OCI
Gross Unrealized Losses -Not Recognized in OCI
Fair Value	1,036	1,048
Preferred equity securities
Available-for-sale
Amortized Cost	2,000	2,000
Gross Unrealized Gains - Recognized in OCI
Gross Unrealized Losses - Recognized in OCI	(342)	(368)
Carrying Value	1,658	1,632
Gross Unrealized Gains - Not Recognized in OCI
Gross Unrealized Losses -Not Recognized in OCI
Fair Value	1,658	1,632
Marketable equity securities
Available-for-sale
Amortized Cost	108	108
Gross Unrealized Gains - Recognized in OCI	60	54
Gross Unrealized Losses - Recognized in OCI	(2)	(2)
Carrying Value	166	160
Gross Unrealized Gains - Not Recognized in OCI
Gross Unrealized Losses -Not Recognized in OCI
Fair Value	166	160
Mutual funds
Available-for-sale
Amortized Cost	4,014	3,957
Gross Unrealized Gains - Recognized in OCI
Gross Unrealized Losses - Recognized in OCI	(141)	(190)
Carrying Value	3,873	3,767
Gross Unrealized Gains - Not Recognized in OCI
Gross Unrealized Losses -Not Recognized in OCI
Fair Value	$ 3,873	$ 3,767

Investment Securities - Gross u

Investment Securities - Gross unrealized losses and fair value (Details 1) $ in Thousands	Jun. 30, 2016USD ($)Security	Dec. 31, 2015USD ($)Security
Available-for-sale:
Number of Securities | Security	4	14
Less than 12 Months, Fair Value	$ 9,998	$ 76,697
Less than 12 months, Gross Unrealized Loss	(3)	(246)
12 months or more, Fair Value	5,535	4,405
12 months or more, Gross Unrealized Loss	(485)	(560)
Total Fair Value	15,533	81,102
Total Gross Unrealized Loss	$ (488)	$ (806)
Held-to-maturity
Number of Securities | Security		1
Less than 12 months, Fair Value		$ 6,980
Less than 12 months, Gross Unrealized Loss		(20)
12 months or more, Fair Value
12 months or more, Gross Unrealized Loss
Total Fair Value		6,980
Total Gross Unrealized Loss		$ (20)
Total number of securities | Security		15
Total investment securities in an unrealized loss position less than 12 months fair value		$ 83,677
Total investment securities in an unrealized loss position less than 12 months gross unrealized loss		(266)
Total investment securities in an unrealized loss position 12 months or more fair value		4,405
Total investment securities in an unrealized loss position 12 months or more gross unrealized loss		(560)
Total investment securities in an unrealized loss position fair value		88,082
Total investment securities in an unrealized loss position gross unrealized loss		$ (826)
U.S. Treasury obligations
Available-for-sale:
Number of Securities | Security		4
Less than 12 Months, Fair Value		$ 19,935
Less than 12 months, Gross Unrealized Loss		(6)
12 months or more, Fair Value
12 months or more, Gross Unrealized Loss
Total Fair Value		19,935
Total Gross Unrealized Loss		$ (6)
U.S. Government agency obligations
Available-for-sale:
Number of Securities | Security	1	7
Less than 12 Months, Fair Value	$ 9,998	$ 56,762
Less than 12 months, Gross Unrealized Loss	(3)	(240)
12 months or more, Fair Value
12 months or more, Gross Unrealized Loss
Total Fair Value	9,998	56,762
Total Gross Unrealized Loss	$ (3)	$ (240)
Held-to-maturity
Number of Securities | Security		1
Less than 12 months, Fair Value		$ 6,980
Less than 12 months, Gross Unrealized Loss		(20)
12 months or more, Fair Value
12 months or more, Gross Unrealized Loss
Total Fair Value		6,980
Total Gross Unrealized Loss		$ (20)
Preferred equity securities
Available-for-sale:
Number of Securities | Security	1	1
Less than 12 Months, Fair Value
Less than 12 months, Gross Unrealized Loss
12 months or more, Fair Value	1,658	1,632
12 months or more, Gross Unrealized Loss	(342)	(368)
Total Fair Value	1,658	1,632
Total Gross Unrealized Loss	$ (342)	$ (368)
Marketable equity securities
Available-for-sale:
Number of Securities | Security	1	1
Less than 12 Months, Fair Value
Less than 12 months, Gross Unrealized Loss
12 months or more, Fair Value	4	5
12 months or more, Gross Unrealized Loss	(2)	(2)
Total Fair Value	4	5
Total Gross Unrealized Loss	$ (2)	$ (2)
Mutual funds
Available-for-sale:
Number of Securities | Security	1	1
Less than 12 Months, Fair Value
Less than 12 months, Gross Unrealized Loss
12 months or more, Fair Value	3,873	2,768
12 months or more, Gross Unrealized Loss	(141)	(190)
Total Fair Value	3,873	2,768
Total Gross Unrealized Loss	$ (141)	$ (190)

Investment Securities - Amortiz

Investment Securities - Amortized cost and estimated market value of debt securities (Details 2) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Available-for-Sale - Amortized Cost
Due in one year or less	$ 24,481	$ 54,499
Due after one year through five years	114,306	67,285
Due after five years through ten years
Due after ten years
Government sponsored residential mortgage-backed securities	4,102	4,958
Available-for-sale, Amortized Cost	142,889	126,742
Available-for-Sale - Estimated Fair Value
Due in one year or less	24,493	54,511
Due after one year through five years	114,934	67,201
Due after five years through ten years
Due after ten years
Government sponsored residential mortgage-backed securities	4,272	5,153
Available-for-Sale, Estimated Fair Value	143,699	126,865
Held-to-Maturity - Amortized Cost
Due in one year or less
Due after one year through five years		24,000
Due after five years through ten years
Due after ten years
Government sponsored residential mortgage-backed securities	7,640	8,246
Held-to-Maturity, Amortized Cost	7,640	32,246
Held-to-Maturity - Estimated Fair Value
Due in one year or less
Due after one year through five years		24,008
Due after five years through ten years
Due after ten years
Government sponsored residential mortgage-backed securities	7,931	8,349
Held-to-Maturity, Estimated Fair Value	$ 7,931	$ 32,357

Investment Securities (Detail T

Investment Securities (Detail Textuals) - USD ($) $ in Millions	3 Months Ended	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2015	Jun. 30, 2016	Dec. 31, 2015
Schedule of Available-for-sale Securities [Line Items]
Gross realized gains on sales of securities available-for-sale	$ 1.3	$ 1.5
U.S. Treasury, U.S. Government agency obligations and Government sponsored residential mortgage-backed securities
Schedule of Available-for-sale Securities [Line Items]
Fair value of securities			$ 130.6	$ 112.4

Investment Securities (Detail49

Investment Securities (Detail Textuals 1) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
FHLB Stock	$ 18,240	$ 21,729
Federal Home Loan Bank of Boston ("FHLBB") Stock
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
FHLB Stock	$ 18,200	$ 21,700

Investment Securities (Detail50

Investment Securities (Detail Textuals 2) - USD ($)	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015
Schedule Of Available For Sale Securities and Held To Maturity [Line Items]
Alternative investments	$ 2,500,000		$ 2,500,000
Amount of profit distributed in limited partnerships	178,000	$ 42,000
Unfunded commitments for alternative investments	619,000
Other noninterest income
Schedule Of Available For Sale Securities and Held To Maturity [Line Items]
Other-than-temporary impairment charge on limited partnership	47,000	$ 113,000
Other assets
Schedule Of Available For Sale Securities and Held To Maturity [Line Items]
Alternative investments	$ 2,500,000		$ 2,500,000

Loans and Allowance for Loan 51

Loans and Allowance for Loan Losses - Summary (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	$ 2,420,364		$ 2,357,812
Net deferred loan costs	3,776		3,984
Loans	2,424,140		2,361,796
Allowance for loan losses	(20,720)	$ (20,174)	(20,198)	$ (19,581)	$ (19,232)	$ (18,960)
Loans, net	2,403,420		2,341,598
Real estate | Residential
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	842,427		849,722
Allowance for loan losses	(3,744)	(3,926)	(4,084)	(4,452)	(4,383)	(4,382)
Real estate | Commercial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	922,643		887,431
Allowance for loan losses	(10,489)	(10,245)	(10,255)	(9,001)	(8,917)	(8,949)
Real estate | Construction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	41,466		30,895
Allowance for loan losses	(327)	(296)	(231)	(361)	(472)	(478)
Installment
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	3,267		2,970
Allowance for loan losses	(39)	(40)	(39)	(36)	(40)	(41)
Commercial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	437,046		409,550
Allowance for loan losses	(4,630)	(4,247)	(4,119)	(3,745)	(3,427)	(3,250)
Collateral
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	1,689		1,668
Allowance for loan losses
Home equity line of credit
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	171,212		174,701
Allowance for loan losses	(1,491)	(1,420)	(1,470)	(1,986)	(1,993)	(1,859)
Revolving credit
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	79		91
Allowance for loan losses
Resort
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	535		784
Allowance for loan losses						$ (1)

Loans and Allowance for Loan 52

Loans and Allowance for Loan Losses - Changes in allowance for loan losses by segments (Details 1) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Allowance for Loan and Lease Losses [Roll Forward]
Balance at beginning of period	$ 20,174	$ 19,232	$ 20,198	$ 18,960
Charge-offs	(263)	(336)	(524)	(688)
Recoveries	8	22	28	31
Provision for (Reduction) loan losses	801	663	1,018	1,278
Balance at end of period	20,720	19,581	20,720	19,581
Real estate | Residential
Allowance for Loan and Lease Losses [Roll Forward]
Balance at beginning of period	3,926	4,383	4,084	4,382
Charge-offs		(45)	(24)	(193)
Recoveries	1	16	1	16
Provision for (Reduction) loan losses	(183)	98	(317)	247
Balance at end of period	3,744	4,452	3,744	4,452
Real estate | Commercial
Allowance for Loan and Lease Losses [Roll Forward]
Balance at beginning of period	10,245	8,917	10,255	8,949
Charge-offs		(213)		(213)
Recoveries
Provision for (Reduction) loan losses	244	297	234	265
Balance at end of period	10,489	9,001	10,489	9,001
Real estate | Construction
Allowance for Loan and Lease Losses [Roll Forward]
Balance at beginning of period	296	472	231	478
Charge-offs
Recoveries
Provision for (Reduction) loan losses	31	(111)	96	(117)
Balance at end of period	327	361	327	361
Installment
Allowance for Loan and Lease Losses [Roll Forward]
Balance at beginning of period	40	40	39	41
Charge-offs		(1)	(1)	(3)
Recoveries
Provision for (Reduction) loan losses	(1)	(3)	1	(2)
Balance at end of period	39	36	39	36
Commercial
Allowance for Loan and Lease Losses [Roll Forward]
Balance at beginning of period	4,247	3,427	4,119	3,250
Charge-offs	(191)	(18)	(342)	(20)
Recoveries	1		10
Provision for (Reduction) loan losses	573	336	843	515
Balance at end of period	4,630	3,745	4,630	3,745
Collateral
Allowance for Loan and Lease Losses [Roll Forward]
Balance at beginning of period
Charge-offs			(10)
Recoveries
Provision for (Reduction) loan losses			10
Balance at end of period
Home equity line of credit
Allowance for Loan and Lease Losses [Roll Forward]
Balance at beginning of period	1,420	1,993	1,470	1,859
Charge-offs				(138)
Recoveries
Provision for (Reduction) loan losses	71	(7)	21	265
Balance at end of period	1,491	1,986	1,491	1,986
Revolving credit
Allowance for Loan and Lease Losses [Roll Forward]
Balance at beginning of period
Charge-offs	(72)	(59)	(147)	(121)
Recoveries	6	6	17	15
Provision for (Reduction) loan losses	66	53	130	106
Balance at end of period
Resort
Allowance for Loan and Lease Losses [Roll Forward]
Balance at beginning of period				1
Charge-offs
Recoveries
Provision for (Reduction) loan losses				(1)
Balance at end of period

Loans and Allowance for Loan 53

Loans and Allowance for Loan Losses - Allocation of the allowance by impairment methodology and by loan segment (Details 2) - USD ($) $ in Thousands	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014
Financing Receivable, Allowance for Credit Losses [Line Items]
Total - Loans individually evaluated for impairment	$ 38,217		$ 41,017
Reserve Allocation - Loans individually evaluated for impairment	428		534
Total - Loans collectively evaluated for impairment	2,385,923		2,320,779
Reserve Allocation - Loans collectively evaluated for impairment	20,292		19,664
Total loans	2,424,140		2,361,796
Total Reserve Allocation	20,720	$ 20,174	20,198	$ 19,581	$ 19,232	$ 18,960
Real estate | Residential
Financing Receivable, Allowance for Credit Losses [Line Items]
Total - Loans individually evaluated for impairment	12,364		12,377
Reserve Allocation - Loans individually evaluated for impairment	120		139
Total - Loans collectively evaluated for impairment	834,599		841,921
Reserve Allocation - Loans collectively evaluated for impairment	3,624		3,945
Total Reserve Allocation	3,744	3,926	4,084	4,452	4,383	4,382
Real estate | Commercial
Financing Receivable, Allowance for Credit Losses [Line Items]
Total - Loans individually evaluated for impairment	15,746		16,152
Reserve Allocation - Loans individually evaluated for impairment	10		26
Total - Loans collectively evaluated for impairment	906,190		870,757
Reserve Allocation - Loans collectively evaluated for impairment	10,479		10,229
Total Reserve Allocation	10,489	10,245	10,255	9,001	8,917	8,949
Real estate | Construction
Financing Receivable, Allowance for Credit Losses [Line Items]
Total - Loans individually evaluated for impairment	4,719		4,719
Reserve Allocation - Loans individually evaluated for impairment
Total - Loans collectively evaluated for impairment	36,747		26,176
Reserve Allocation - Loans collectively evaluated for impairment	327		231
Total Reserve Allocation	327	296	231	361	472	478
Installment
Financing Receivable, Allowance for Credit Losses [Line Items]
Total - Loans individually evaluated for impairment	239		259
Reserve Allocation - Loans individually evaluated for impairment	7		8
Total - Loans collectively evaluated for impairment	3,020		2,695
Reserve Allocation - Loans collectively evaluated for impairment	32		31
Total Reserve Allocation	39	40	39	36	40	41
Commercial
Financing Receivable, Allowance for Credit Losses [Line Items]
Total - Loans individually evaluated for impairment	2,997		6,023
Reserve Allocation - Loans individually evaluated for impairment	291		361
Total - Loans collectively evaluated for impairment	434,004		403,473
Reserve Allocation - Loans collectively evaluated for impairment	4,339		3,758
Total Reserve Allocation	4,630	4,247	4,119	3,745	3,427	3,250
Collateral
Financing Receivable, Allowance for Credit Losses [Line Items]
Total - Loans individually evaluated for impairment
Reserve Allocation - Loans individually evaluated for impairment
Total - Loans collectively evaluated for impairment	1,689		1,668
Reserve Allocation - Loans collectively evaluated for impairment
Total Reserve Allocation
Home equity line of credit
Financing Receivable, Allowance for Credit Losses [Line Items]
Total - Loans individually evaluated for impairment	1,617		703
Reserve Allocation - Loans individually evaluated for impairment
Total - Loans collectively evaluated for impairment	169,595		173,998
Reserve Allocation - Loans collectively evaluated for impairment	1,491		1,470
Total Reserve Allocation	1,491	1,420	1,470	1,986	1,993	1,859
Revolving credit
Financing Receivable, Allowance for Credit Losses [Line Items]
Total - Loans individually evaluated for impairment
Reserve Allocation - Loans individually evaluated for impairment
Total - Loans collectively evaluated for impairment	79		91
Reserve Allocation - Loans collectively evaluated for impairment
Total Reserve Allocation
Resort
Financing Receivable, Allowance for Credit Losses [Line Items]
Total - Loans individually evaluated for impairment	535		784
Reserve Allocation - Loans individually evaluated for impairment
Total - Loans collectively evaluated for impairment
Reserve Allocation - Loans collectively evaluated for impairment
Total Reserve Allocation						$ 1

Loans and Allowance for Loan 54

Loans and Allowance for Loan Losses - Summary of loan delinquencies at recorded investment (Details 3) $ in Thousands	Jun. 30, 2016USD ($)Loan	Dec. 31, 2015USD ($)Loan
Financing Receivable, Recorded Investment, Past Due [Line Items]
Number of loan receivable, recorded investment, past due | Loan	47	67
Loan receivable, recorded investment, past due	$ 12,206	$ 14,945
Loan receivable, recorded investment, past due 90 days or more and still accruing
30-59 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Number of loan receivable, recorded investment, past due | Loan	16	38
Loan receivable, recorded investment, past due	$ 2,085	$ 4,265
60-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Number of loan receivable, recorded investment, past due | Loan	10	7
Loan receivable, recorded investment, past due	$ 1,397	$ 1,223
> 90 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Number of loan receivable, recorded investment, past due | Loan	21	22
Loan receivable, recorded investment, past due	$ 8,724	$ 9,457
Real estate | Residential
Financing Receivable, Recorded Investment, Past Due [Line Items]
Number of loan receivable, recorded investment, past due | Loan	34	38
Loan receivable, recorded investment, past due	$ 9,484	$ 10,546
Loan receivable, recorded investment, past due 90 days or more and still accruing
Real estate | Residential | 30-59 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Number of loan receivable, recorded investment, past due | Loan	13	18
Loan receivable, recorded investment, past due	$ 2,035	$ 3,379
Real estate | Residential | 60-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Number of loan receivable, recorded investment, past due | Loan	7	5
Loan receivable, recorded investment, past due	$ 911	$ 863
Real estate | Residential | > 90 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Number of loan receivable, recorded investment, past due | Loan	14	15
Loan receivable, recorded investment, past due	$ 6,538	$ 6,304
Real estate | Commercial
Financing Receivable, Recorded Investment, Past Due [Line Items]
Number of loan receivable, recorded investment, past due | Loan	1	3
Loan receivable, recorded investment, past due	$ 941	$ 1,312
Loan receivable, recorded investment, past due 90 days or more and still accruing
Real estate | Commercial | 30-59 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Number of loan receivable, recorded investment, past due | Loan		2
Loan receivable, recorded investment, past due		$ 318
Real estate | Commercial | 60-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Number of loan receivable, recorded investment, past due | Loan
Loan receivable, recorded investment, past due
Real estate | Commercial | > 90 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Number of loan receivable, recorded investment, past due | Loan	1	1
Loan receivable, recorded investment, past due	$ 941	$ 994
Real estate | Construction
Financing Receivable, Recorded Investment, Past Due [Line Items]
Number of loan receivable, recorded investment, past due | Loan	1	1
Loan receivable, recorded investment, past due	$ 187	$ 187
Loan receivable, recorded investment, past due 90 days or more and still accruing
Real estate | Construction | 30-59 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Number of loan receivable, recorded investment, past due | Loan
Loan receivable, recorded investment, past due
Real estate | Construction | 60-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Number of loan receivable, recorded investment, past due | Loan
Loan receivable, recorded investment, past due
Real estate | Construction | > 90 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Number of loan receivable, recorded investment, past due | Loan	1	1
Loan receivable, recorded investment, past due	$ 187	$ 187
Installment
Financing Receivable, Recorded Investment, Past Due [Line Items]
Number of loan receivable, recorded investment, past due | Loan	1	3
Loan receivable, recorded investment, past due	$ 26	$ 38
Loan receivable, recorded investment, past due 90 days or more and still accruing
Installment | 30-59 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Number of loan receivable, recorded investment, past due | Loan		3
Loan receivable, recorded investment, past due		$ 38
Installment | 60-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Number of loan receivable, recorded investment, past due | Loan	1
Loan receivable, recorded investment, past due	$ 26
Installment | > 90 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Number of loan receivable, recorded investment, past due | Loan
Loan receivable, recorded investment, past due
Commercial
Financing Receivable, Recorded Investment, Past Due [Line Items]
Number of loan receivable, recorded investment, past due | Loan	4	6
Loan receivable, recorded investment, past due	$ 989	$ 1,905
Loan receivable, recorded investment, past due 90 days or more and still accruing
Commercial | 30-59 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Number of loan receivable, recorded investment, past due | Loan		4
Loan receivable, recorded investment, past due		$ 153
Commercial | 60-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Number of loan receivable, recorded investment, past due | Loan
Loan receivable, recorded investment, past due
Commercial | > 90 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Number of loan receivable, recorded investment, past due | Loan	4	2
Loan receivable, recorded investment, past due	$ 989	$ 1,752
Collateral
Financing Receivable, Recorded Investment, Past Due [Line Items]
Number of loan receivable, recorded investment, past due | Loan	2	8
Loan receivable, recorded investment, past due	$ 20	$ 78
Loan receivable, recorded investment, past due 90 days or more and still accruing
Collateral | 30-59 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Number of loan receivable, recorded investment, past due | Loan	2	7
Loan receivable, recorded investment, past due	$ 20	$ 68
Collateral | 60-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Number of loan receivable, recorded investment, past due | Loan
Loan receivable, recorded investment, past due
Collateral | > 90 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Number of loan receivable, recorded investment, past due | Loan		1
Loan receivable, recorded investment, past due		$ 10
Home equity line of credit
Financing Receivable, Recorded Investment, Past Due [Line Items]
Number of loan receivable, recorded investment, past due | Loan	3	7
Loan receivable, recorded investment, past due	$ 529	$ 850
Loan receivable, recorded investment, past due 90 days or more and still accruing
Home equity line of credit | 30-59 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Number of loan receivable, recorded investment, past due | Loan		3
Loan receivable, recorded investment, past due		$ 280
Home equity line of credit | 60-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Number of loan receivable, recorded investment, past due | Loan	2	2
Loan receivable, recorded investment, past due	$ 460	$ 360
Home equity line of credit | > 90 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Number of loan receivable, recorded investment, past due | Loan	1	2
Loan receivable, recorded investment, past due	$ 69	$ 210
Demand
Financing Receivable, Recorded Investment, Past Due [Line Items]
Number of loan receivable, recorded investment, past due | Loan	1	1
Loan receivable, recorded investment, past due	$ 30	$ 29
Loan receivable, recorded investment, past due 90 days or more and still accruing
Demand | 30-59 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Number of loan receivable, recorded investment, past due | Loan	1	1
Loan receivable, recorded investment, past due	$ 30	$ 29
Demand | 60-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Number of loan receivable, recorded investment, past due | Loan
Loan receivable, recorded investment, past due
Demand | > 90 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Number of loan receivable, recorded investment, past due | Loan
Loan receivable, recorded investment, past due
Revolving credit
Financing Receivable, Recorded Investment, Past Due [Line Items]
Number of loan receivable, recorded investment, past due | Loan
Loan receivable, recorded investment, past due
Loan receivable, recorded investment, past due 90 days or more and still accruing
Revolving credit | 30-59 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Number of loan receivable, recorded investment, past due | Loan
Loan receivable, recorded investment, past due
Revolving credit | 60-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Number of loan receivable, recorded investment, past due | Loan
Loan receivable, recorded investment, past due
Revolving credit | > 90 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Number of loan receivable, recorded investment, past due | Loan
Loan receivable, recorded investment, past due
Resort
Financing Receivable, Recorded Investment, Past Due [Line Items]
Number of loan receivable, recorded investment, past due | Loan
Loan receivable, recorded investment, past due
Loan receivable, recorded investment, past due 90 days or more and still accruing
Resort | 30-59 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Number of loan receivable, recorded investment, past due | Loan
Loan receivable, recorded investment, past due
Resort | 60-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Number of loan receivable, recorded investment, past due | Loan
Loan receivable, recorded investment, past due
Resort | > 90 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Number of loan receivable, recorded investment, past due | Loan
Loan receivable, recorded investment, past due

Loans and Allowance for Loan 55

Loans and Allowance for Loan Losses - Nonperforming assets (Details 4) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total nonaccruing loans	$ 13,523	$ 14,913
Loans 90 days past due and still accruing
Other real estate owned	279	279
Total nonperforming assets	13,802	15,192
Real estate | Residential
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total nonaccruing loans	9,385	9,773
Loans 90 days past due and still accruing
Real estate | Commercial
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total nonaccruing loans	1,040	1,106
Loans 90 days past due and still accruing
Real estate | Construction
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total nonaccruing loans	187	187
Loans 90 days past due and still accruing
Installment
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total nonaccruing loans	26	32
Loans 90 days past due and still accruing
Commercial
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total nonaccruing loans	2,311	3,232
Loans 90 days past due and still accruing
Collateral
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total nonaccruing loans	11	10
Loans 90 days past due and still accruing
Home equity line of credit
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total nonaccruing loans	563	573
Loans 90 days past due and still accruing
Revolving credit
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total nonaccruing loans
Loans 90 days past due and still accruing
Resort
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total nonaccruing loans
Loans 90 days past due and still accruing

Loans and Allowance for Loan 56

Loans and Allowance for Loan Losses - Summary of impaired loans (Details 5) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Impaired loans without a valuation allowance
Recorded Investment	$ 33,553	$ 35,092
Unpaid Principal Balance	35,558	36,917
Impaired loans with a valuation allowance
Recorded Investment	4,664	5,925
Unpaid Principal Balance	5,372	6,329
Related Allowance	428	534
Total Recorded Investment	38,217	41,017
Total Unpaid Principal Balance	40,930	43,246
Total Related Allowance	428	534
Real estate | Residential
Impaired loans without a valuation allowance
Recorded Investment	11,628	11,530
Unpaid Principal Balance	13,052	12,878
Impaired loans with a valuation allowance
Recorded Investment	736	847
Unpaid Principal Balance	755	881
Related Allowance	120	139
Real estate | Commercial
Impaired loans without a valuation allowance
Recorded Investment	12,852	13,233
Unpaid Principal Balance	12,967	13,303
Impaired loans with a valuation allowance
Recorded Investment	2,894	2,919
Unpaid Principal Balance	2,894	2,919
Related Allowance	10	26
Real estate | Construction
Impaired loans without a valuation allowance
Recorded Investment	4,719	4,719
Unpaid Principal Balance	4,965	4,965
Impaired loans with a valuation allowance
Recorded Investment
Unpaid Principal Balance
Related Allowance
Installment
Impaired loans without a valuation allowance
Recorded Investment	214	202
Unpaid Principal Balance	230	202
Impaired loans with a valuation allowance
Recorded Investment	25	57
Unpaid Principal Balance	25	72
Related Allowance	7	8
Commercial
Impaired loans without a valuation allowance
Recorded Investment	1,988	3,921
Unpaid Principal Balance	2,167	4,066
Impaired loans with a valuation allowance
Recorded Investment	1,009	2,102
Unpaid Principal Balance	1,698	2,457
Related Allowance	291	361
Collateral
Impaired loans without a valuation allowance
Recorded Investment
Unpaid Principal Balance
Impaired loans with a valuation allowance
Recorded Investment
Unpaid Principal Balance
Related Allowance
Home equity line of credit
Impaired loans without a valuation allowance
Recorded Investment	1,617	703
Unpaid Principal Balance	1,642	719
Impaired loans with a valuation allowance
Recorded Investment
Unpaid Principal Balance
Related Allowance
Revolving credit
Impaired loans without a valuation allowance
Recorded Investment
Unpaid Principal Balance
Impaired loans with a valuation allowance
Recorded Investment
Unpaid Principal Balance
Related Allowance
Resort
Impaired loans without a valuation allowance
Recorded Investment	535	784
Unpaid Principal Balance	535	784
Impaired loans with a valuation allowance
Recorded Investment
Unpaid Principal Balance
Related Allowance

Loans and Allowance for Loan 57

Loans and Allowance for Loan Losses - Summary of information pertaining to impaired loans (Details 6) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Impaired loans without a valuation allowance
Average Recorded Investment			$ 34,354	$ 31,457
Interest Income Recognized	$ 215	$ 244	436	488
Impaired loans with a valuation allowance
Average Recorded Investment			5,768	9,772
Interest Income Recognized	44	49	91	115
Total Average Recorded Investment			40,122	41,229
Total Interest Income Recognized	259	293	527	603
Real estate | Residential
Impaired loans without a valuation allowance
Average Recorded Investment			11,260	7,934
Interest Income Recognized	24	26	48	53
Impaired loans with a valuation allowance
Average Recorded Investment			855	3,652
Interest Income Recognized	8	9	19	18
Real estate | Commercial
Impaired loans without a valuation allowance
Average Recorded Investment			13,138	14,016
Interest Income Recognized	132	147	271	289
Impaired loans with a valuation allowance
Average Recorded Investment			2,913	4,674
Interest Income Recognized	35	35	70	87
Real estate | Construction
Impaired loans without a valuation allowance
Average Recorded Investment			4,719	3,586
Interest Income Recognized	34	34	69	68
Impaired loans with a valuation allowance
Average Recorded Investment
Interest Income Recognized
Installment
Impaired loans without a valuation allowance
Average Recorded Investment			220	230
Interest Income Recognized	3	4	6	7
Impaired loans with a valuation allowance
Average Recorded Investment			34	29
Interest Income Recognized
Commercial
Impaired loans without a valuation allowance
Average Recorded Investment			3,101	3,879
Interest Income Recognized	8	26	19	55
Impaired loans with a valuation allowance
Average Recorded Investment			1,966	1,417
Interest Income Recognized	1	5	2	10
Collateral
Impaired loans without a valuation allowance
Average Recorded Investment
Interest Income Recognized
Impaired loans with a valuation allowance
Average Recorded Investment
Interest Income Recognized
Home equity line of credit
Impaired loans without a valuation allowance
Average Recorded Investment			1,195	953
Interest Income Recognized	8		10	2
Impaired loans with a valuation allowance
Average Recorded Investment
Interest Income Recognized
Revolving credit
Impaired loans without a valuation allowance
Average Recorded Investment
Interest Income Recognized
Impaired loans with a valuation allowance
Average Recorded Investment
Interest Income Recognized
Resort
Impaired loans without a valuation allowance
Average Recorded Investment			721	859
Interest Income Recognized	6	7	13	14
Impaired loans with a valuation allowance
Average Recorded Investment
Interest Income Recognized

Loans and Allowance for Loan 58

Loans and Allowance for Loan Losses - Information modified in a troubled debt restructuring (Details 7) $ in Thousands	Jun. 30, 2016USD ($)Loan	Dec. 31, 2015USD ($)Loan
Financing Receivable, Modifications [Line Items]
Number of TDRs on Accrual Status of Loans | Loan	35	33
TDRs on Accrual Status of Recorded Investment | $	$ 15,845	$ 16,952
Number of TDRs on Nonaccrual Status of Loans | Loan	20	22
TDRs on Nonaccrual Status of Recorded Investment | $	$ 6,356	$ 7,258
Number of Total TDRs of Loans | Loan	55	55
Total TDRs of Recorded Investment | $	$ 22,201	$ 24,210
Real estate | Residential
Financing Receivable, Modifications [Line Items]
Number of TDRs on Accrual Status of Loans | Loan	14	14
TDRs on Accrual Status of Recorded Investment | $	$ 2,529	$ 2,242
Number of TDRs on Nonaccrual Status of Loans | Loan	9	11
TDRs on Nonaccrual Status of Recorded Investment | $	$ 4,761	$ 5,557
Number of Total TDRs of Loans | Loan	23	25
Total TDRs of Recorded Investment | $	$ 7,290	$ 7,799
Real estate | Commercial
Financing Receivable, Modifications [Line Items]
Number of TDRs on Accrual Status of Loans | Loan	4	4
TDRs on Accrual Status of Recorded Investment | $	$ 6,544	$ 6,664
Number of TDRs on Nonaccrual Status of Loans | Loan
TDRs on Nonaccrual Status of Recorded Investment | $
Number of Total TDRs of Loans | Loan	4	4
Total TDRs of Recorded Investment | $	$ 6,544	$ 6,664
Real estate | Construction
Financing Receivable, Modifications [Line Items]
Number of TDRs on Accrual Status of Loans | Loan	1	1
TDRs on Accrual Status of Recorded Investment | $	$ 4,532	$ 4,532
Number of TDRs on Nonaccrual Status of Loans | Loan	1	1
TDRs on Nonaccrual Status of Recorded Investment | $	$ 187	$ 187
Number of Total TDRs of Loans | Loan	2	2
Total TDRs of Recorded Investment | $	$ 4,719	$ 4,719
Installment
Financing Receivable, Modifications [Line Items]
Number of TDRs on Accrual Status of Loans | Loan	4	4
TDRs on Accrual Status of Recorded Investment | $	$ 213	$ 227
Number of TDRs on Nonaccrual Status of Loans | Loan	1	2
TDRs on Nonaccrual Status of Recorded Investment | $	$ 26	$ 32
Number of Total TDRs of Loans | Loan	5	6
Total TDRs of Recorded Investment | $	$ 239	$ 259
Commercial
Financing Receivable, Modifications [Line Items]
Number of TDRs on Accrual Status of Loans | Loan	3	6
TDRs on Accrual Status of Recorded Investment | $	$ 414	$ 2,350
Number of TDRs on Nonaccrual Status of Loans | Loan	8	8
TDRs on Nonaccrual Status of Recorded Investment | $	$ 1,323	$ 1,482
Number of Total TDRs of Loans | Loan	11	14
Total TDRs of Recorded Investment | $	$ 1,737	$ 3,832
Collateral
Financing Receivable, Modifications [Line Items]
Number of TDRs on Accrual Status of Loans | Loan
TDRs on Accrual Status of Recorded Investment | $
Number of TDRs on Nonaccrual Status of Loans | Loan
TDRs on Nonaccrual Status of Recorded Investment | $
Number of Total TDRs of Loans | Loan
Total TDRs of Recorded Investment | $
Home equity line of credit
Financing Receivable, Modifications [Line Items]
Number of TDRs on Accrual Status of Loans | Loan	8	3
TDRs on Accrual Status of Recorded Investment | $	$ 1,078	$ 153
Number of TDRs on Nonaccrual Status of Loans | Loan	1
TDRs on Nonaccrual Status of Recorded Investment | $	$ 59
Number of Total TDRs of Loans | Loan	9	3
Total TDRs of Recorded Investment | $	$ 1,137	$ 153
Revolving credit
Financing Receivable, Modifications [Line Items]
Number of TDRs on Accrual Status of Loans | Loan
TDRs on Accrual Status of Recorded Investment | $
Number of TDRs on Nonaccrual Status of Loans | Loan
TDRs on Nonaccrual Status of Recorded Investment | $
Number of Total TDRs of Loans | Loan
Total TDRs of Recorded Investment | $
Resort
Financing Receivable, Modifications [Line Items]
Number of TDRs on Accrual Status of Loans | Loan	1	1
TDRs on Accrual Status of Recorded Investment | $	$ 535	$ 784
Number of TDRs on Nonaccrual Status of Loans | Loan
TDRs on Nonaccrual Status of Recorded Investment | $
Number of Total TDRs of Loans | Loan	1	1
Total TDRs of Recorded Investment | $	$ 535	$ 784

Loans and Allowance for Loan 59

Loans and Allowance for Loan Losses - Recorded investment and number of modifications for modified loans (Details 8) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2016USD ($)Loan	Jun. 30, 2015USD ($)Loan	Jun. 30, 2016USD ($)Loan	Jun. 30, 2015USD ($)Loan
Financing Receivable, Modifications [Line Items]
Number of Modifications | Loan		3	8	6	14
Recorded Investment Prior to Modification		$ 141	$ 982	$ 985	$ 1,865
Recorded Investment After Modification	[1]	$ 141	$ 982	$ 984	$ 1,859
Real estate | Residential
Financing Receivable, Modifications [Line Items]
Number of Modifications | Loan			5		6
Recorded Investment Prior to Modification			$ 922		$ 1,043
Recorded Investment After Modification	[1]		$ 922		$ 1,042
Real estate | Commercial
Financing Receivable, Modifications [Line Items]
Number of Modifications | Loan					1
Recorded Investment Prior to Modification					$ 493
Recorded Investment After Modification	[1]				$ 490
Installment
Financing Receivable, Modifications [Line Items]
Number of Modifications | Loan					1
Recorded Investment Prior to Modification					$ 44
Recorded Investment After Modification	[1]				$ 43
Commercial
Financing Receivable, Modifications [Line Items]
Number of Modifications | Loan			2		3
Recorded Investment Prior to Modification			$ 34		$ 132
Recorded Investment After Modification	[1]		$ 34		$ 131
Home equity line of credit
Financing Receivable, Modifications [Line Items]
Number of Modifications | Loan		3	1	6	3
Recorded Investment Prior to Modification		$ 141	$ 26	$ 985	$ 153
Recorded Investment After Modification	[1]	$ 141	$ 26	$ 984	$ 153
[1]	The period end balances are inclusive of all partial paydowns and charge-offs since the modification date. TDRs fully paid off, charged-off or foreclosed upon by period end are not included.

Loans and Allowance for Loan 60

Loans and Allowance for Loan Losses - TDR loans (Details 9) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016USD ($)Loan	Jun. 30, 2015USD ($)Loan	Jun. 30, 2016USD ($)Loan	Jun. 30, 2015USD ($)Loan
Financing Receivable, Modifications [Line Items]
Number of Modifications | Loan	3	8	6	14
Extended Maturity
Adjusted Interest Rates
Combination of Rate and Maturity		34		34
Other	141	948	984	1,825
Total	$ 141	$ 982	$ 984	$ 1,859
Real estate | Residential
Financing Receivable, Modifications [Line Items]
Number of Modifications | Loan		5		6
Extended Maturity
Adjusted Interest Rates
Combination of Rate and Maturity
Other		922		1,042
Total		$ 922		$ 1,042
Real estate | Commercial
Financing Receivable, Modifications [Line Items]
Number of Modifications | Loan				1
Extended Maturity
Adjusted Interest Rates
Combination of Rate and Maturity
Other				490
Total				$ 490
Installment
Financing Receivable, Modifications [Line Items]
Number of Modifications | Loan				1
Extended Maturity
Adjusted Interest Rates
Combination of Rate and Maturity
Other				43
Total				$ 43
Commercial
Financing Receivable, Modifications [Line Items]
Number of Modifications | Loan		2		3
Extended Maturity
Adjusted Interest Rates
Combination of Rate and Maturity		34		34
Other				97
Total		$ 34		$ 131
Home equity line of credit
Financing Receivable, Modifications [Line Items]
Number of Modifications | Loan	3	1	6	3
Extended Maturity
Adjusted Interest Rates
Combination of Rate and Maturity
Other	141	26	984	153
Total	$ 141	$ 26	$ 984	$ 153

Loans and Allowance for Loan 61

Loans and Allowance for Loan Losses - Risk rating (Details 10) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Financing Receivable, Recorded Investment [Line Items]
Total loans	$ 2,420,364	$ 2,357,812
Pass
Financing Receivable, Recorded Investment [Line Items]
Total loans	2,369,371	2,302,027
Special Mention
Financing Receivable, Recorded Investment [Line Items]
Total loans	14,363	22,650
Substandard
Financing Receivable, Recorded Investment [Line Items]
Total loans	36,501	32,969
Doubtful
Financing Receivable, Recorded Investment [Line Items]
Total loans	129	166
Real estate | Residential
Financing Receivable, Recorded Investment [Line Items]
Total loans	842,427	849,722
Real estate | Residential | Pass
Financing Receivable, Recorded Investment [Line Items]
Total loans	831,732	838,314
Real estate | Residential | Special Mention
Financing Receivable, Recorded Investment [Line Items]
Total loans	978	1,154
Real estate | Residential | Substandard
Financing Receivable, Recorded Investment [Line Items]
Total loans	9,717	10,254
Real estate | Residential | Doubtful
Financing Receivable, Recorded Investment [Line Items]
Total loans
Real estate | Commercial
Financing Receivable, Recorded Investment [Line Items]
Total loans	922,643	887,431
Real estate | Commercial | Pass
Financing Receivable, Recorded Investment [Line Items]
Total loans	906,783	867,531
Real estate | Commercial | Special Mention
Financing Receivable, Recorded Investment [Line Items]
Total loans	7,100	10,861
Real estate | Commercial | Substandard
Financing Receivable, Recorded Investment [Line Items]
Total loans	8,760	9,039
Real estate | Commercial | Doubtful
Financing Receivable, Recorded Investment [Line Items]
Total loans
Real estate | Construction
Financing Receivable, Recorded Investment [Line Items]
Total loans	41,466	30,895
Real estate | Construction | Pass
Financing Receivable, Recorded Investment [Line Items]
Total loans	36,747	26,176
Real estate | Construction | Special Mention
Financing Receivable, Recorded Investment [Line Items]
Total loans
Real estate | Construction | Substandard
Financing Receivable, Recorded Investment [Line Items]
Total loans	4,719	4,719
Real estate | Construction | Doubtful
Financing Receivable, Recorded Investment [Line Items]
Total loans
Installment
Financing Receivable, Recorded Investment [Line Items]
Total loans	3,267	2,970
Installment | Pass
Financing Receivable, Recorded Investment [Line Items]
Total loans	3,213	2,886
Installment | Special Mention
Financing Receivable, Recorded Investment [Line Items]
Total loans	28	52
Installment | Substandard
Financing Receivable, Recorded Investment [Line Items]
Total loans	26	32
Installment | Doubtful
Financing Receivable, Recorded Investment [Line Items]
Total loans
Commercial
Financing Receivable, Recorded Investment [Line Items]
Total loans	437,046	409,550
Commercial | Pass
Financing Receivable, Recorded Investment [Line Items]
Total loans	418,144	390,719
Commercial | Special Mention
Financing Receivable, Recorded Investment [Line Items]
Total loans	6,257	10,354
Commercial | Substandard
Financing Receivable, Recorded Investment [Line Items]
Total loans	12,516	8,311
Commercial | Doubtful
Financing Receivable, Recorded Investment [Line Items]
Total loans	129	166
Collateral
Financing Receivable, Recorded Investment [Line Items]
Total loans	1,689	1,668
Collateral | Pass
Financing Receivable, Recorded Investment [Line Items]
Total loans	1,678	1,647
Collateral | Special Mention
Financing Receivable, Recorded Investment [Line Items]
Total loans
Collateral | Substandard
Financing Receivable, Recorded Investment [Line Items]
Total loans	11	21
Collateral | Doubtful
Financing Receivable, Recorded Investment [Line Items]
Total loans
Home equity line of credit
Financing Receivable, Recorded Investment [Line Items]
Total loans	171,212	174,701
Home equity line of credit | Pass
Financing Receivable, Recorded Investment [Line Items]
Total loans	170,460	173,879
Home equity line of credit | Special Mention
Financing Receivable, Recorded Investment [Line Items]
Total loans		229
Home equity line of credit | Substandard
Financing Receivable, Recorded Investment [Line Items]
Total loans	752	593
Home equity line of credit | Doubtful
Financing Receivable, Recorded Investment [Line Items]
Total loans
Revolving credit
Financing Receivable, Recorded Investment [Line Items]
Total loans	79	91
Revolving credit | Pass
Financing Receivable, Recorded Investment [Line Items]
Total loans	79	91
Revolving credit | Special Mention
Financing Receivable, Recorded Investment [Line Items]
Total loans
Revolving credit | Substandard
Financing Receivable, Recorded Investment [Line Items]
Total loans
Revolving credit | Doubtful
Financing Receivable, Recorded Investment [Line Items]
Total loans
Resort
Financing Receivable, Recorded Investment [Line Items]
Total loans	535	784
Resort | Pass
Financing Receivable, Recorded Investment [Line Items]
Total loans	535	784
Resort | Special Mention
Financing Receivable, Recorded Investment [Line Items]
Total loans
Resort | Substandard
Financing Receivable, Recorded Investment [Line Items]
Total loans
Resort | Doubtful
Financing Receivable, Recorded Investment [Line Items]
Total loans

Loans and Allowance for Loan 62

Loans and Allowance for Loan Losses (Detail Textuals)	3 Months Ended	6 Months Ended
	Jun. 30, 2016USD ($)Loan	Jun. 30, 2016USD ($)Loan	Jun. 30, 2015USD ($)	Dec. 31, 2015USD ($)
Receivables [Abstract]
Recorded investment balance of TDRs approximated	$ 22,201,000	$ 22,201,000		$ 24,210,000
TDRs on accrual status	15,845,000	15,845,000		16,952,000
TDRs on nonaccrual status	$ 6,356,000	$ 6,356,000		7,258,000
Percentage of accruing TDRs	100.00%	100.00%
Allowance for loan losses included specific reserves	$ 265,000	$ 265,000		340,000
Bank charge-offs		0	$ 204,000
Additional funds available to borrowers in TDR status	265,000	265,000		$ 272,000
Residential real estate loan re-default amount	$ 301,000	$ 301,000
Number of loan reviews undertaken by consulting firms | Loan	2	2
Threshold for percentage of market penetration for specified segment in loans of total lending	65.00%	65.00%

Mortgage Servicing Rights (Deta

Mortgage Servicing Rights (Detail Textuals) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015
Servicing Assets At Amortized Value [Line Items]
Mortgage servicing rights impairment			$ 374,000
Net gain on loans sold	$ 751,000	$ 412,000	1,241,000	$ 932,000
Other noninterest income
Servicing Assets At Amortized Value [Line Items]
Mortgage servicing rights impairment			374,000	0
Mortgage servicing rights
Servicing Assets At Amortized Value [Line Items]
Fair value of mortgage servicing rights	4,200,000		4,200,000		$ 5,000,000
Loans sold with servicing rights retained			64,300,000	36,100,000
Principal balance of loans serviced for others	497,100,000		497,100,000		457,500,000
Mortgage servicing rights | Other noninterest income
Servicing Assets At Amortized Value [Line Items]
Mortgage servicing rights impairment			374,000	0
Loan servicing fees			584,000	$ 426,000
Mortgage servicing rights | Prepaid expenses and other assets
Servicing Assets At Amortized Value [Line Items]
Carrying value of mortgage servicing rights	$ 4,200,000		$ 4,200,000		$ 4,400,000

Credit Arrangements (Detail Tex

Credit Arrangements (Detail Textuals) - USD ($)	Jun. 30, 2016	Dec. 31, 2015
Line of Credit Facility [Line Items]
Balance with the bank	$ 29,500,000	$ 17,700,000
Federal Home Loan Bank of Boston ("FHLBB") Stock | Line of credit
Line of Credit Facility [Line Items]
Pre-approved line of credit	8,800,000	8,800,000
Federal Home Loan Bank of Boston ("FHLBB") Stock | Unsecured line of credit with bank
Line of Credit Facility [Line Items]
Pre-approved line of credit	55,000,000	$ 45,000,000
Amount under unsecured line of credit agreement	3,500,000
Balance with the bank	$ 512,500

Credit Arrangements (Detail T65

Credit Arrangements (Detail Textuals 1) - Federal Home Loan Bank of Boston ("FHLBB") Stock - USD ($) $ in Millions	Jun. 30, 2016	Dec. 31, 2015
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Federal Home Loan Bank of Boston advances	$ 340.6	$ 377.6
Collateral value first mortgage loans	1,200	1,300
Line of credit facility, remaining borrowing capacity	443.7	407.8
Letter of credit	$ 65.5	$ 63
Minimum percent of aggregate principal amount of unpaid residential mortgage loans for acquiring shares in FHLBB	0.35%
Maximum percent of advances (borrowings) from the FHLBB to acquire shares in FHLBB	4.50%

Credit Arrangements (Detail T66

Credit Arrangements (Detail Textuals 2) - Discount Window Loan Collateral Program - Federal Reserve Bank Advances - USD ($) $ in Millions	Jun. 30, 2016	Dec. 31, 2015
Short-term Debt [Line Items]
Amount borrowed under discount window loan collateral program	$ 64.4	$ 63.2
Collateralized amount of funding arrangement in pledged commercial real estate loans	$ 134.3	$ 136.6

Credit Arrangements (Detail T67

Credit Arrangements (Detail Textuals 3) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Line of Credit Facility [Line Items]
Treasury bill securities with a fair value	$ 64,500	$ 40,400
Repurchase liabilities	63,027	35,769
Master Repurchase Agreement Borrowing Facility | Broker
Line of Credit Facility [Line Items]
Treasury bill securities with a fair value	11,300	11,300
Outstanding borrowings	10,500	10,500
Repurchase liabilities	$ 63,000	$ 35,800

Deposits - Deposit balances and

Deposits - Deposit balances and weighted average interest rates (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Banking and Thrift [Abstract]
Noninterest-bearing demand deposits	$ 415,562	$ 401,388
Interest-bearing
NOW accounts	429,973	468,054
Money market	498,847	460,737
Savings accounts	229,868	220,389
Time deposits	477,188	440,790
Total interest-bearing deposits	1,635,876	1,589,970
Total deposits	$ 2,051,438	$ 1,991,358

Deposits (Detail Textuals)

Deposits (Detail Textuals) - USD ($) $ in Millions	Jun. 30, 2016	Dec. 31, 2015
Banking and Thrift [Abstract]
Brokered deposits	$ 43.2	$ 44.3
Time certificates of deposit in denominations of $250,000 or more	$ 105.1	$ 89.6

Pension and Other Postretirem70

Pension and Other Postretirement Benefit Plans - Components of net periodic pension and benefit costs (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Pension Benefits
Components of net periodic pension cost
Service cost
Interest cost	262	259	525	518
Expected return on plan assets	(278)	(362)	(556)	(724)
Amortization:
Loss	176	176	352	354
Prior service cost
Net periodic benefit cost	160	73	321	148
Other Postretirement Benefits
Components of net periodic pension cost
Service cost	14	14	28	29
Interest cost	30	30	60	61
Expected return on plan assets
Amortization:
Loss		3		6
Prior service cost	(13)	(13)	(25)	(25)
Net periodic benefit cost	$ 31	$ 34	$ 63	$ 71

Pension and Other Postretirem71

Pension and Other Postretirement Benefit Plans - Shares held by ESOP (Details 1) - Farmington Bank Employee Stock Ownership Plan (ESOP)	Jun. 30, 2016shares
Employee Stock Ownership Plan (Esop) Disclosures [Line Items]
Allocated	476,805
Committed to be released	47,420
Unallocated	906,191
Total shares held by the ESOP	1,430,416

Pension and Other Postretirem72

Pension and Other Postretirement Benefit Plans (Detail Textuals 1) - USD ($)	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Employee Stock Ownership Plan (ESOP) Disclosures [Line Items]
Fair value of unallocated ESOP shares	$ 15,000,000
Farmington Bank Employee Stock Ownership Plan (ESOP) | Farmington Bank
Employee Stock Ownership Plan (ESOP) Disclosures [Line Items]
Loan provided by the company to purchase common stock (in shares)	1,430,416
Debt structure direct loan description of variable rate basis	Wall Street Journal Prime Rate
Debt structure direct loan basis spread on variable rate	1.00%
Term of loan for annual payments of interest and principal	15 years
Outstanding balance of loan provided by the company to purchase common stock	$ 12,000,000
Interest rate of outstanding balance of Loan provided by the company to purchase common stock	4.25%
ESOP compensation expense	$ 776,000	$ 718,000

Stock Incentive Plan - Weighte

Stock Incentive Plan - Weighted-average estimated fair values of stock option grants (Details) - Stock options - $ / shares	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted per share average fair value of options granted	$ 2.98	$ 3.33
Weighted-average assumptions:
Risk-free interest rate	1.59%	1.51%
Expected volatility	23.11%	26.03%
Expected dividend yield	2.13%	1.99%
Expected life of options granted	6 years	6 years
Minimum
Weighted-average assumptions:
Weighted-average dividend yield	1.72%	1.25%
Maximum
Weighted-average assumptions:
Weighted-average dividend yield	2.35%	2.59%

Stock Incentive Plan - Summary

Stock Incentive Plan - Summary of Company's stock option activity (Details 1) - Stock options $ / shares in Units, $ in Thousands	6 Months Ended
	Jun. 30, 2016USD ($)$ / sharesshares
Number of Stock Options
Outstanding at December 31, 2015 | shares	1,656,157
Granted | shares	7,000
Exercised | shares	(93,631)
Forfeited | shares	(800)
Expired | shares
Outstanding at June 30, 2016 | shares	1,568,726
Exercisable at June 30, 2016 | shares	1,214,906
Weighted-Average Exercise Price
Outstanding at December 31, 2015 | $ / shares	$ 13.11
Granted | $ / shares	16.07
Exercised | $ / shares	12.99
Forfeited | $ / shares	14.17
Expired | $ / shares
Outstanding at June 30, 2016 | $ / shares	13.13
Exercisable at June 30, 2016 | $ / shares	$ 13.05
Weighted-Average Remaining Contractual Term (in years)	6 years 3 months 18 days
Aggregate intrinsic value of options outstanding at June 30, 2016 | $	$ 5,379
Weighted-average remaining contractual term Exercisable at June 30, 2016 (in years)	6 years 2 months 19 days
Aggregate intrinsic value of options exercisable at June 30, 2016 | $	$ 4,267

Stock Incentive Plan - Summar75

Stock Incentive Plan - Summary of status of Company's restricted stock (Details 2) - Restricted Stock	6 Months Ended
	Jun. 30, 2016$ / sharesshares
Number of Restricted Stock
Unvested at December 31, 2015 | shares	126,290
Granted | shares
Vested | shares
Forfeited | shares
Unvested at June 30, 2016 | shares	126,290
Weighted-Average Grant Date Fair Value
Unvested at December 31, 2015 | $ / shares	$ 12.95
Granted | $ / shares
Vested | $ / shares
Forfeited | $ / shares
Unvested at June 30, 2016 | $ / shares	$ 12.95

Stock Incentive Plan (Detail Te

Stock Incentive Plan (Detail Textuals) - USD ($)	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	May 31, 2016	Dec. 31, 2015	Aug. 31, 2012
Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of non-vested restricted shares	126,290			126,290
2012 Stock Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares authorized for grants					2,503,228
Share-based compensation expense	$ 1,300,000	$ 1,800,000
Method used	Black-Scholes option pricing model
Total intrinsic value of options exercised	$ 339,000
2012 Stock Incentive Plan | Stock options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expiry term of stock options	10 years
Share-based compensation expense	$ 528,000	726,000
Number of non-vested options outstanding	353,820
Expected future compensation expense	$ 346,000
Expected unrecognized compensation expense, weighted average period	1 year 3 months 15 days
2012 Stock Incentive Plan | Stock options | Vested Immediately
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting percentage of stock awards	20.00%
2012 Stock Incentive Plan | Stock options | Vest each annual anniversary of the grant date through 2016
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting percentage of stock awards	20.00%
2012 Stock Incentive Plan | Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares authorized for grants					715,208
Share-based compensation expense	$ 767,000	$ 1,100,000
Number of non-vested restricted shares	126,290
Expected future compensation expense	$ 282,000
Expected unrecognized compensation expense, weighted average period	2 months 5 days
2012 Stock Incentive Plan | Restricted Stock | Vested Immediately
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting percentage of stock awards	20.00%
2012 Stock Incentive Plan | Restricted Stock | Vest each annual anniversary of the grant date through 2016
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting percentage of stock awards	20.00%
2012 Stock Incentive Plan | Non Qualified Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares authorized for grants					1,788,020
2016 Stock Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares authorized for grants			300,000

Derivative Financial Instrume77

Derivative Financial Instruments - Not designated outstanding interest rate swaps (Details) - Not Designated as Hedging Instrument $ in Thousands	Jun. 30, 2016USD ($)Security	Dec. 31, 2015USD ($)Security
Other Assets | Commercial loan customer interest rate swap position
Derivatives, Fair Value [Line Items]
Number of Instruments | Security	75	60
Notional Amount	$ 341,247	$ 257,693
Estimated Fair Values	$ 25,546	$ 10,564
Other Liabilities | Commercial loan customer interest rate swap position
Derivatives, Fair Value [Line Items]
Number of Instruments | Security		6
Notional Amount		$ 23,411
Estimated Fair Values		$ (78)
Other Liabilities | Counter party interest rate swap position
Derivatives, Fair Value [Line Items]
Number of Instruments | Security	75	66
Notional Amount	$ 341,247	$ 281,104
Estimated Fair Values	$ (25,837)	$ (10,599)

Derivative Financial Instrume78

Derivative Financial Instruments - Changes in the fair value of non-hedge accounting derivatives (Details 1) - Not Designated as Hedging Instrument - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Commercial loan customer interest rate swap position
Derivative [Line Items]
Changes in fair value of non-hedge accounting derivatives	$ 3,749	$ (5,238)	$ 12,169	$ (3,112)
Commercial loan customer interest rate swap position | Interest Income Recorded in Interest Income
Derivative [Line Items]
Changes in fair value of non-hedge accounting derivatives	(1,441)	(1,160)	(2,813)	(2,337)
Commercial loan customer interest rate swap position | MTM Gain (Loss) Recorded in Noninterest Income
Derivative [Line Items]
Changes in fair value of non-hedge accounting derivatives	5,190	(4,078)	14,982	(775)
Counter party interest rate swap position
Derivative [Line Items]
Changes in fair value of non-hedge accounting derivatives	(3,749)	5,238	(12,169)	3,112
Counter party interest rate swap position | Interest Income Recorded in Interest Income
Derivative [Line Items]
Changes in fair value of non-hedge accounting derivatives	1,441	1,160	2,813	2,337
Counter party interest rate swap position | MTM Gain (Loss) Recorded in Noninterest Income
Derivative [Line Items]
Changes in fair value of non-hedge accounting derivatives	(5,190)	4,078	(14,982)	775
Interest rate swap derivative
Derivative [Line Items]
Changes in fair value of non-hedge accounting derivatives
Interest rate swap derivative | Interest Income Recorded in Interest Income
Derivative [Line Items]
Changes in fair value of non-hedge accounting derivatives
Interest rate swap derivative | MTM Gain (Loss) Recorded in Noninterest Income
Derivative [Line Items]
Changes in fair value of non-hedge accounting derivatives

Derivative Financial Instrume79

Derivative Financial Instruments (Detail Textuals) $ in Millions	Jun. 30, 2016USD ($)
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Minimum threshold amount of long-term commercial loans or commercial mortgages to offer interest rate swap agreements	$ 1
Cash balance maintained with a correspondent bank to collateralize company's position	25.1
Outstanding receivables secured in excess of by a correspondent bank	10
Outstanding rate locks | Forward Contracts
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Mortgage banking derivatives, notional amount	31.8
Outstanding commitments to sell residential mortgage loans | Forward Contracts
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Mortgage banking derivatives, notional amount	34.3
Mandatory forward commitments | Forward Contracts
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Mortgage banking derivatives, notional amount	$ 25.8

Offsetting of Financial Asset80

Offsetting of Financial Assets and Liabilities - Summary of repurchase agreement borrowings and repurchase liabilities (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Assets Sold under Agreements to Repurchase [Line Items]
Total repurchase agreement borrowings	$ 10,500	$ 10,500
Total repurchase liabilities	63,027	35,769
Total	73,527	46,269
U.S. Government agency obligations
Assets Sold under Agreements to Repurchase [Line Items]
Total repurchase agreement borrowings	6,000	6,000
Total repurchase liabilities	63,027	35,769
Government sponsored residential mortgage-backed securities
Assets Sold under Agreements to Repurchase [Line Items]
Total repurchase agreement borrowings	4,500	4,500
Overnight and Continuous
Assets Sold under Agreements to Repurchase [Line Items]
Total repurchase agreement borrowings
Total repurchase liabilities	63,027	35,769
Total	63,027	35,769
Overnight and Continuous | U.S. Government agency obligations
Assets Sold under Agreements to Repurchase [Line Items]
Total repurchase agreement borrowings
Total repurchase liabilities	63,027	35,769
Overnight and Continuous | Government sponsored residential mortgage-backed securities
Assets Sold under Agreements to Repurchase [Line Items]
Total repurchase agreement borrowings
Up to One Year
Assets Sold under Agreements to Repurchase [Line Items]
Total repurchase agreement borrowings
Total repurchase liabilities
Total
Up to One Year | U.S. Government agency obligations
Assets Sold under Agreements to Repurchase [Line Items]
Total repurchase agreement borrowings
Total repurchase liabilities
Up to One Year | Government sponsored residential mortgage-backed securities
Assets Sold under Agreements to Repurchase [Line Items]
Total repurchase agreement borrowings
One Year to Three Years
Assets Sold under Agreements to Repurchase [Line Items]
Total repurchase agreement borrowings	10,500	10,500
Total repurchase liabilities
Total	10,500	10,500
One Year to Three Years | U.S. Government agency obligations
Assets Sold under Agreements to Repurchase [Line Items]
Total repurchase agreement borrowings	6,000	6,000
Total repurchase liabilities
One Year to Three Years | Government sponsored residential mortgage-backed securities
Assets Sold under Agreements to Repurchase [Line Items]
Total repurchase agreement borrowings	$ 4,500	$ 4,500

Offsetting of Financial Asset81

Offsetting of Financial Assets and Liabilities - Potential effect of rights of setoff associated with recognized financial assets and liabilities (Details 1) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Interest rate swap derivatives, gross amount of recognized assets	$ 25,546	$ 10,564
Interest rate swap derivatives, gross amounts offset in statement of financial condition
Interest rate swap derivatives, Net amounts of assets presented in statement of financial condition	25,546	10,564
Interest rate swap derivatives, Gross amounts not offset in statement of financial condition, Financial instruments
Interest rate swap derivatives, Gross amounts not offset in statement of financial condition, securities collateral received
Interest rate swap derivatives, Gross amounts not offset in statement of financial condition, cash collateral received	25,100	10,564
Interest rate swap derivatives, Gross amounts not offset in statement of financial condition, Net amount	446
Gross amount of recognized assets	25,546	10,564
Gross amounts offset in statement of financial condition
Net amounts of assets presented in statement of financial condition	25,546	10,564
Gross amounts not offset in statement of financial condition, financial instruments
Gross amounts not offset in statement of financial condition, securities collateral received
Gross amounts not offset in statement of financial condition, cash collateral received	25,100	10,564
Gross amounts not offset in statement of financial condition, Net amount	446
Interest rate swap derivatives, Gross amount of recognized liabilities	25,837	10,677
Interest rate swap derivatives, Gross amounts offset in statement of financial condition
Interest rate swap derivatives, Net amounts of liabilities presented in statement of financial condition	25,837	10,677
Interest rate swap derivatives, Gross amounts not offset in statement of financial condition liabilities, Financial instruments
Interest rate swap derivatives, Gross amounts not offset in statement of financial condition, securities collateral pledged
Interest rate swap derivatives, Gross amounts not offset in statement of financial condition, cash collateral pledged	25,100	10,677
Interest rate swap derivatives, Gross amounts not offset in statement of financial condition liabilities, Net amount	737
Repurchase agreement borrowings, Gross amount of recognized liabilities	10,500	10,500
Repurchase agreement borrowings, Gross amounts offset in statement of financial condition
Repurchase agreement borrowings, Net amounts of liabilities presented in statement of financial condition	10,500	10,500
Repurchase agreement borrowings, Gross amounts not offset in statement of financial condition liabilities, financial instruments
Repurchase agreement borrowings, Gross amounts not offset in statement of financial condition, securities collateral pledged	10,500	10,500
Repurchase agreement borrowings, Gross amounts not offset in statement of financial condition, cash collateral pledged
Repurchase agreement borrowings, Net amount
Gross amount of recognized liabilities	36,337	21,177
Gross amounts offset in statement of financial condition
Gross Amounts not offset in statement of financial condition liabilities, Financial instruments	36,337	21,177
Gross amounts not offset in statement of financial condition liabilities, Financial instruments
Gross amounts not offset in statement of financial condition, securities collateral pledged	10,500	10,500
Gross amounts not offset in statement of financial condition, cash collateral pledged	25,100	10,677
Gross amounts not offset in statement of financial condition liabilities, Net amount	$ 737

Financial Instruments with Of82

Financial Instruments with Off-Balance Sheet Risk - Financial instruments whose contract amounts represent credit risk (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Fair value, off-balance sheet risks, amount, liability	$ 486,861	$ 487,326
Approved loan commitments
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Fair value, off-balance sheet risks, amount, liability	43,344	46,144
Unadvanced portion of construction loans
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Fair value, off-balance sheet risks, amount, liability	46,796	44,457
Unused lines for home equity loans
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Fair value, off-balance sheet risks, amount, liability	188,883	204,983
Unused revolving lines of credit
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Fair value, off-balance sheet risks, amount, liability	70	365
Unused commercial letters of credit
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Fair value, off-balance sheet risks, amount, liability	3,433	3,558
Unused commercial lines of credit
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Fair value, off-balance sheet risks, amount, liability	$ 204,335	$ 187,819

Financial Instruments with Of83

Financial Instruments with Off-Balance Sheet Risk (Details Textuals) - USD ($)	Jun. 30, 2016	Dec. 31, 2015
Financial Instruments With Off Balance Sheet Risk Disclosure [Abstract]
Financial instruments with off-balance sheet risk, valuation allowance	$ 73,000	$ 501,000

Fair Value Measurements - Asset

Fair Value Measurements - Assets and Liabilities Measured at Fair Value on a Recurring Basis (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Assets
Securities available-for-sale	$ 149,396	$ 132,424
Fair Value Measurements Recurring | Total
Assets
Securities available-for-sale	149,396	132,424
Total Assets	175,459	143,195
Liabilities
Total Liabilities	26,177	10,747
Fair Value Measurements Recurring | Total | U.S. Treasury obligations
Assets
Securities available-for-sale	31,136	38,859
Fair Value Measurements Recurring | Total | U.S. Government agency obligations
Assets
Securities available-for-sale	107,255	81,805
Fair Value Measurements Recurring | Total | Government sponsored residential mortgage-backed securities
Assets
Securities available-for-sale	4,272	5,153
Fair Value Measurements Recurring | Total | Corporate debt securities
Assets
Securities available-for-sale	1,036	1,048
Fair Value Measurements Recurring | Total | Preferred equity securities
Assets
Securities available-for-sale	1,658	1,632
Fair Value Measurements Recurring | Total | Marketable equity securities
Assets
Securities available-for-sale	166	160
Fair Value Measurements Recurring | Total | Mutual funds
Assets
Securities available-for-sale	3,873	3,767
Fair Value Measurements Recurring | Total | Interest rate swap derivative
Assets
Derivative Assets	25,546	10,564
Liabilities
Derivative Liabilities	25,837	10,677
Fair Value Measurements Recurring | Total | Derivative loan commitments
Assets
Derivative Assets	517	207
Fair Value Measurements Recurring | Total | Forward loan sales commitments
Liabilities
Derivative Liabilities	340	70
Fair Value Measurements Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1)
Assets
Securities available-for-sale	15,818	23,788
Total Assets	15,818	23,788
Liabilities
Total Liabilities
Fair Value Measurements Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | U.S. Treasury obligations
Assets
Securities available-for-sale	13,994	21,996
Fair Value Measurements Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | U.S. Government agency obligations
Assets
Securities available-for-sale
Fair Value Measurements Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | Government sponsored residential mortgage-backed securities
Assets
Securities available-for-sale
Fair Value Measurements Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | Corporate debt securities
Assets
Securities available-for-sale
Fair Value Measurements Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | Preferred equity securities
Assets
Securities available-for-sale	1,658	1,632
Fair Value Measurements Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | Marketable equity securities
Assets
Securities available-for-sale	166	160
Fair Value Measurements Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | Mutual funds
Assets
Securities available-for-sale
Fair Value Measurements Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | Interest rate swap derivative
Assets
Derivative Assets
Liabilities
Derivative Liabilities
Fair Value Measurements Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | Derivative loan commitments
Assets
Derivative Assets
Fair Value Measurements Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | Forward loan sales commitments
Liabilities
Derivative Liabilities
Fair Value Measurements Recurring | Significant Observable Inputs (Level 2)
Assets
Securities available-for-sale	133,578	108,636
Total Assets	159,124	119,200
Liabilities
Total Liabilities	25,837	10,677
Fair Value Measurements Recurring | Significant Observable Inputs (Level 2) | U.S. Treasury obligations
Assets
Securities available-for-sale	17,142	16,863
Fair Value Measurements Recurring | Significant Observable Inputs (Level 2) | U.S. Government agency obligations
Assets
Securities available-for-sale	107,255	81,805
Fair Value Measurements Recurring | Significant Observable Inputs (Level 2) | Government sponsored residential mortgage-backed securities
Assets
Securities available-for-sale	4,272	5,153
Fair Value Measurements Recurring | Significant Observable Inputs (Level 2) | Corporate debt securities
Assets
Securities available-for-sale	1,036	1,048
Fair Value Measurements Recurring | Significant Observable Inputs (Level 2) | Preferred equity securities
Assets
Securities available-for-sale
Fair Value Measurements Recurring | Significant Observable Inputs (Level 2) | Marketable equity securities
Assets
Securities available-for-sale
Fair Value Measurements Recurring | Significant Observable Inputs (Level 2) | Mutual funds
Assets
Securities available-for-sale	3,873	3,767
Fair Value Measurements Recurring | Significant Observable Inputs (Level 2) | Interest rate swap derivative
Assets
Derivative Assets	25,546	10,564
Liabilities
Derivative Liabilities	25,837	10,677
Fair Value Measurements Recurring | Significant Observable Inputs (Level 2) | Derivative loan commitments
Assets
Derivative Assets
Fair Value Measurements Recurring | Significant Observable Inputs (Level 2) | Forward loan sales commitments
Liabilities
Derivative Liabilities
Fair Value Measurements Recurring | Significant Unobservable Inputs (Level 3)
Assets
Securities available-for-sale
Total Assets	517	207
Liabilities
Total Liabilities	340	70
Fair Value Measurements Recurring | Significant Unobservable Inputs (Level 3) | U.S. Treasury obligations
Assets
Securities available-for-sale
Fair Value Measurements Recurring | Significant Unobservable Inputs (Level 3) | U.S. Government agency obligations
Assets
Securities available-for-sale
Fair Value Measurements Recurring | Significant Unobservable Inputs (Level 3) | Government sponsored residential mortgage-backed securities
Assets
Securities available-for-sale
Fair Value Measurements Recurring | Significant Unobservable Inputs (Level 3) | Corporate debt securities
Assets
Securities available-for-sale
Fair Value Measurements Recurring | Significant Unobservable Inputs (Level 3) | Preferred equity securities
Assets
Securities available-for-sale
Fair Value Measurements Recurring | Significant Unobservable Inputs (Level 3) | Marketable equity securities
Assets
Securities available-for-sale
Fair Value Measurements Recurring | Significant Unobservable Inputs (Level 3) | Mutual funds
Assets
Securities available-for-sale
Fair Value Measurements Recurring | Significant Unobservable Inputs (Level 3) | Interest rate swap derivative
Assets
Derivative Assets
Liabilities
Derivative Liabilities
Fair Value Measurements Recurring | Significant Unobservable Inputs (Level 3) | Derivative loan commitments
Assets
Derivative Assets	517	207
Fair Value Measurements Recurring | Significant Unobservable Inputs (Level 3) | Forward loan sales commitments
Liabilities
Derivative Liabilities	$ 340	$ 70

Fair Value Measurements - Addit

Fair Value Measurements - Additional information about assets measured at fair value (Details 1) - Fair Value Measurements Recurring - Derivative and Forward Loan Sales Commitments, Net - Significant Unobservable Inputs (Level 3) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Balance, at beginning of period	$ 192	$ 144	$ 137	$ 14
Total realized gain (loss):
Included in earnings	(15)	(4)	40	126
Balance, at the end of period	$ 177	$ 140	$ 177	$ 140

Fair Value Measurements - Valua

Fair Value Measurements - Valuation methodology and unobservable inputs for Level 3 assets (Details 2) - Level 3 - Fair Value Measurements Recurring - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Fair Value	$ 517	$ 207
Derivative and forward loan sales commitments, net
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Fair Value	$ 177	$ 137
Valuation Methodology	Adjusted quoted prices in active markets	Adjusted quoted prices in active markets
Significant Unobservable Inputs	Embedded servicing value	Embedded servicing value
Mortgage serving rights of input embedded servicing value percent	0.99%	1.28%

Fair Value Measurements - Ass87

Fair Value Measurements - Assets and Liabilities Measured at Fair Value on a Nonrecurring Basis (Details 3) - Fair value, measurements, nonrecurring - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Quoted Prices in Active Markets for Identical Assets (Level 1)
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Impaired loans
Mortgage servicing rights
Other real estate owned
Significant Observable Inputs (Level 2)
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Impaired loans
Mortgage servicing rights
Other real estate owned
Significant Unobservable Inputs (Level 3)
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Impaired loans	972	4,225
Mortgage servicing rights	4,222
Other real estate owned		$ 279

Fair Value Measurements - Val88

Fair Value Measurements - Valuation methodology and unobservable inputs for Level 3 assets (Details 4) - Significant Unobservable Inputs (Level 3) - Fair value, measurements, nonrecurring - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Impaired loans
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Fair Value	$ 972	$ 4,225
Valuation Methodology	Appraisals	Appraisals
Impaired loans | Minimum
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Discount for dated appraisal	5.00%	5.00%
Discount for costs to sell	8.00%	8.00%
Impaired loans | Maximum
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Discount for dated appraisal	20.00%	20.00%
Discount for costs to sell	15.00%	15.00%
Impaired loans | Weighted Average
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Discount for dated appraisal	12.50%	12.50%
Discount for costs to sell	11.50%	11.50%
Mortgage servicing rights
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Fair Value	$ 4,222
Valuation Methodology	Discounted Cash Flows
Mortgage servicing rights | Minimum
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Prepayment speeds	10.81%
Mortgage servicing rights | Maximum
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Prepayment speeds	20.95%
Mortgage servicing rights | Weighted Average
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Prepayment speeds	14.19%
Discount rate	9.125%
Other real estate owned
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Fair Value		$ 279
Valuation Methodology		Appraisals
Other real estate owned | Minimum
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Discount for costs to sell		8.00%
Discount for condition		10.00%
Other real estate owned | Maximum
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Discount for costs to sell		15.00%
Discount for condition		30.00%
Other real estate owned | Weighted Average
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Discount for costs to sell		11.50%
Discount for condition		20.00%

Fair Value Measurements - Carry

Fair Value Measurements - Carrying amount, fair value of financial instruments (Details 5) - USD ($) $ in Thousands		Jun. 30, 2016	Dec. 31, 2015
Financial assets
Securities held-to-maturity		$ 7,640	$ 32,246
Securities available-for-sale		149,396	132,424
Loans	[1]	2,424,140	2,361,796
Alternative investments		2,500	2,500
Financial liabilities
Time deposits		477,188	440,790
Federal Home Loan Bank of Boston advances		340,600	377,600
Repurchase agreement borrowings		10,500	10,500
Repurchase liabilities		63,027	35,769
Carrying Amount
Financial assets
Securities held-to-maturity	[2]	7,640	32,246
Securities available-for-sale	[3]	149,396	132,424
Loans	[4]	2,424,140	2,361,796
Loans held-for-sale	[2]	6,912	9,637
Mortgage servicing rights	[4]	4,222	4,406
Federal Home Loan Bank of Boston stock	[2]	18,240	21,729
Alternative investments	[4]	2,499	2,508
Interest rate swap derivatives	[2]	25,546	10,564
Derivative loan commitments	[4]	517	207
Financial liabilities
Deposits other than time deposits	[5]	1,574,250	1,550,568
Time deposits	[2]	477,188	440,790
Federal Home Loan Bank of Boston advances	[2]	340,600	377,600
Repurchase agreement borrowings	[2]	10,500	10,500
Repurchase liabilities	[2]	63,027	35,769
Interest rate swap derivatives	[2]	25,837	10,677
Forward loan sales commitments	[4]	340	70
Estimated Fair Value
Financial assets
Securities held-to-maturity	[2]	7,931	32,357
Securities available-for-sale	[3]	149,396	132,424
Loans	[4]	2,412,165	2,336,293
Loans held-for-sale	[2]	7,109	9,686
Mortgage servicing rights	[4]	4,222	5,029
Federal Home Loan Bank of Boston stock	[2]	18,240	21,729
Alternative investments	[4]	2,247	2,409
Interest rate swap derivatives	[2]	25,546	10,564
Derivative loan commitments	[4]	517	207
Financial liabilities
Deposits other than time deposits	[5]	1,574,250	1,550,568
Time deposits	[2]	481,620	444,803
Federal Home Loan Bank of Boston advances	[2]	343,321	376,626
Repurchase agreement borrowings	[2]	10,571	10,539
Repurchase liabilities	[2]	63,020	35,765
Interest rate swap derivatives	[2]	25,837	10,677
Forward loan sales commitments	[4]	$ 340	$ 70
[1]	Loans include net deferred loan costs of $3.8 million and $4.0 million at June 30, 2016 and December 31, 2015, respectively.
[2]	Level 2
[3]	See previous table
[4]	Level 3
[5]	Level 1

Fair Value Measurements (Detail

Fair Value Measurements (Detail Textuals) - USD ($)	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015
Fair Value, Assets and Liabilities Measured On Recurring and Nonrecurring Basis [Line Items]
Total alternative investments	$ 2,500,000		$ 2,500,000
Mortgage servicing rights impairment	374,000
Recognized profit distributions in its limited partnerships	178,000	$ 42,000
Unfunded commitments for alternative investments	619,000
Other noninterest income
Fair Value, Assets and Liabilities Measured On Recurring and Nonrecurring Basis [Line Items]
Recognized gain (loss) on forward loan sale commitments	40,000	126,000
Mortgage servicing rights impairment	374,000	0
Other-than-temporary impairment charge on limited partnership	$ 47,000	$ 113,000

Regulatory Matters - Actual cap

Regulatory Matters - Actual capital amounts and ratios (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Total Capital (to Risk Weighted Assets) Actual Amount	$ 279,212	$ 273,255
Total Capital (to Risk Weighted Assets) Actual Ratio	12.63%	12.88%
Total Capital (to Risk Weighted Assets) Minimum Required for Capital Adequacy Purposes Amount	$ 176,856	$ 169,724
Total Capital (to Risk Weighted Assets) Minimum Required for Capital Adequacy Purposes Ratio	8.00%	8.00%
Total Capital (to Risk Weighted Assets) To Be Well Capitalized Under Prompt Corrective Action Amount	$ 221,070	$ 212,155
Total Capital (to Risk Weighted Assets) To Be Well Capitalized Under Prompt Corrective Action Ratio	10.00%	10.00%
Tier I Capital (to Risk Weighted Assets) Actual Amount	$ 258,419	$ 252,556
Tier I Capital (to Risk Weighted Assets) Actual Ratio	11.69%	11.91%
Tier I Capital (to Risk Weighted Assets) Minimum Required for Capital Adequacy Purposes Amount	$ 132,636	$ 127,232
Tier I Capital (to Risk Weighted Assets) Minimum Required for Capital Adequacy Purposes Ratio	6.00%	6.00%
Tier I Capital (to Risk Weighted Assets) To Be Well Capitalized Under Prompt Corrective Action Amount	$ 176,848	$ 169,643
Tier I Capital (to Risk Weighted Assets) To Be Well Capitalized Under Prompt Corrective Action Ratio	8.00%	8.00%
Common Equity Tier I Capital (to Risk Weighted Assets) Actual Amount	$ 258,419	$ 252,556
Common Equity Tier I Capital (to Risk Weighted Assets) Actual Ratio	11.69%	11.91%
Common Equity Tier I Capital (to Risk Weighted Assets) Minimum Required for Capital Adequacy Purposes Amount	$ 99,477	$ 95,424
Common Equity Tier I Capital (to Risk Weighted Assets) Minimum Required for Capital Adequacy Purposes Ratio	4.50%	4.50%
Common Equity Tier I Capital (to Risk Weighted Assets) To Be Well Capitalized Under Prompt Corrective Action Amount	$ 143,689	$ 137,835
Common Equity Tier I Capital (to Risk Weighted Assets) To Be Well Capitalized Under Prompt Corrective Action Ratio	6.50%	6.50%
Tier I Leverage Capital (to Average Assets) Actual Amount	$ 258,419	$ 252,556
Tier I Leverage Capital (to Average Assets) Actual Ratio	9.55%	9.39%
Tier I Leverage Capital (to Average Assets) Minimum Required for Capital Adequacy Purposes Amount	$ 108,238	$ 107,585
Tier I Leverage Capital (to Average Assets) Minimum Required for Capital Adequacy Purposes Ratio	4.00%	4.00%
Tier I Leverage Capital (to Average Assets) To Be Well Capitalized Under Prompt Corrective Action Amount	$ 135,298	$ 134,481
Tier I Leverage Capital (to Average Assets) To Be Well Capitalized Under Prompt Corrective Action Ratio	5.00%	5.00%
Farmington Bank
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Total Capital (to Risk Weighted Assets) Actual Amount	$ 244,519	$ 236,486
Total Capital (to Risk Weighted Assets) Actual Ratio	11.07%	11.16%
Total Capital (to Risk Weighted Assets) Minimum Required for Capital Adequacy Purposes Amount	$ 176,707	$ 169,524
Total Capital (to Risk Weighted Assets) Minimum Required for Capital Adequacy Purposes Ratio	8.00%	8.00%
Total Capital (to Risk Weighted Assets) To Be Well Capitalized Under Prompt Corrective Action Amount	$ 220,884	$ 211,905
Total Capital (to Risk Weighted Assets) To Be Well Capitalized Under Prompt Corrective Action Ratio	10.00%	10.00%
Tier I Capital (to Risk Weighted Assets) Actual Amount	$ 223,726	$ 215,787
Tier I Capital (to Risk Weighted Assets) Actual Ratio	10.12%	10.18%
Tier I Capital (to Risk Weighted Assets) Minimum Required for Capital Adequacy Purposes Amount	$ 132,644	$ 127,183
Tier I Capital (to Risk Weighted Assets) Minimum Required for Capital Adequacy Purposes Ratio	6.00%	6.00%
Tier I Capital (to Risk Weighted Assets) To Be Well Capitalized Under Prompt Corrective Action Amount	$ 176,858	$ 169,577
Tier I Capital (to Risk Weighted Assets) To Be Well Capitalized Under Prompt Corrective Action Ratio	8.00%	8.00%
Common Equity Tier I Capital (to Risk Weighted Assets) Actual Amount	$ 223,726	$ 215,787
Common Equity Tier I Capital (to Risk Weighted Assets) Actual Ratio	10.12%	10.18%
Common Equity Tier I Capital (to Risk Weighted Assets) Minimum Required for Capital Adequacy Purposes Amount	$ 99,483	$ 95,387
Common Equity Tier I Capital (to Risk Weighted Assets) Minimum Required for Capital Adequacy Purposes Ratio	4.50%	4.50%
Common Equity Tier I Capital (to Risk Weighted Assets) To Be Well Capitalized Under Prompt Corrective Action Amount	$ 143,698	$ 137,781
Common Equity Tier I Capital (to Risk Weighted Assets) To Be Well Capitalized Under Prompt Corrective Action Ratio	6.50%	6.50%
Tier I Leverage Capital (to Average Assets) Actual Amount	$ 223,726	$ 215,787
Tier I Leverage Capital (to Average Assets) Actual Ratio	8.27%	8.03%
Tier I Leverage Capital (to Average Assets) Minimum Required for Capital Adequacy Purposes Amount	$ 108,211	$ 107,490
Tier I Leverage Capital (to Average Assets) Minimum Required for Capital Adequacy Purposes Ratio	4.00%	4.00%
Tier I Leverage Capital (to Average Assets) To Be Well Capitalized Under Prompt Corrective Action Amount	$ 135,264	$ 134,363
Tier I Leverage Capital (to Average Assets) To Be Well Capitalized Under Prompt Corrective Action Ratio	5.00%	5.00%

Regulatory Matters (Detail Text

Regulatory Matters (Detail Textuals)	Jun. 30, 2016
Regulatory Matters Disclosure [Abstract]
Percentage of tier one capital greater than risk weighted assets	2.50%

Other Comprehensive Income - Ch

Other Comprehensive Income - Changes in accumulated other comprehensive loss, net of tax (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Accumulated Other Comprehensive Income Loss Net [Roll Forward]
Balance at beginning			$ (7,162)
Balance at ending	$ (6,455)		(6,455)
Investment Securities Available-for-Sale
Accumulated Other Comprehensive Income Loss Net [Roll Forward]
Balance at beginning	166	$ 1,105	(249)	$ 1,046
Other comprehensive income (loss) during the period	81	(1,810)	496	(1,928)
Amount reclassified from accumulated other comprehensive income, net of tax		810		987
Net change	81	(1,000)	496	(941)
Balance at ending	247	105	247	105
Employee Benefit Plans
Accumulated Other Comprehensive Income Loss Net [Roll Forward]
Balance at beginning	(6,807)	(7,452)	(6,913)	(7,557)
Other comprehensive income (loss) during the period
Amount reclassified from accumulated other comprehensive income, net of tax	105	19	211	124
Net change	105	19	211	124
Balance at ending	(6,702)	(7,433)	(6,702)	(7,433)
Accumulated Other Comprehensive (Loss) Income
Accumulated Other Comprehensive Income Loss Net [Roll Forward]
Balance at beginning	(6,641)	(6,347)	(7,162)	(6,511)
Other comprehensive income (loss) during the period	81	(1,810)	496	(1,928)
Amount reclassified from accumulated other comprehensive income, net of tax	105	829	211	1,111
Net change	186	(981)	707	(817)
Balance at ending	$ (6,455)	$ (7,328)	$ (6,455)	$ (7,328)

Other Comprehensive Income - Re

Other Comprehensive Income - Reconciliation of changes in components of other comprehensive income including amount of income tax expense allocated to each component of other comprehensive income (Details 1) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]
Unrealized gains (losses) on available-for-sale securities, Pre Tax Amount		$ 126	$ (2,793)	$ 768	$ (2,975)
Unrealized gains (losses) on available-for-sale securities, Tax Benefit (Expense)		(45)	983	(272)	1,047
Unrealized gains (losses) on available-for-sale securities, After Tax Amount		81	(1,810)	496	(1,928)
Less: net security gains reclassified into other noninterest income, Pre Tax Amount			1,250		1,523
Less: net security gains reclassified into other noninterest income, Tax Benefit (Expense)			(440)		(536)
Less: net security gains reclassified into other noninterest income, After Tax Amount			810		987
Net change in fair value of securities available-for-sale, Pre Tax Amount		126	(1,543)	768	(1,452)
Net change in fair value of securities available-for-sale, Tax Benefit (Expense)		(45)	543	(272)	511
Net change in fair value of securities available-for-sale, After Tax Amount		81	(1,000)	496	(941)
Reclassification adjustment for prior service costs and net gain included in net periodic pension costs, Pre Tax Amount	[1]	163	29	327	191
Reclassification adjustment for prior service costs and net gain included in net periodic pension costs, Tax Benefit (Expense)	[1]	(58)	(10)	(116)	(67)
Reclassification adjustment for prior service costs and net gain included in net periodic pension costs, After Tax Amount	[1]	105	19	211	124
Total other comprehensive income (loss), Pre Tax Amount		289	(1,514)	1,095	(1,261)
Total other comprehensive income (loss), Tax Benefit (Expense)		(103)	533	(388)	444
Total other comprehensive income (loss), After Tax Amount		$ 186	$ (981)	$ 707	$ (817)
[1]	Amounts are included in salaries and employee benefits in the unaudited Consolidated Statements of Income.