ConnectOne Bancorp (CNOB) 10-Q 6 May 16 2016 Q1 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	3 Months Ended
	Mar. 31, 2016	May. 06, 2016
Document and Entity Information [Abstract]
Entity Registrant Name	ConnectOne Bancorp, Inc.
Document Type	10-Q
Current Fiscal Year End Date	--12-31
Entity Common Stock, Shares Outstanding		30,179,900
Amendment Flag	false
Entity Central Index Key	712,771
Entity Filer Category	Accelerated Filer
Document Period End Date	Mar. 31, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q1

CONSOLIDATED STATEMENTS OF COND

CONSOLIDATED STATEMENTS OF CONDITION - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
ASSETS
Cash and due from banks	$ 34,603	$ 31,291
Interest-bearing deposits with banks	83,656	169,604
Cash and cash equivalents	118,259	200,895
Investment securities:
Available-for-sale	191,331	195,770
Securities held-to-maturity (fair value of $229,470 and $230,558)	219,373	224,056
Loans receivable	3,263,813	3,099,007
Less: Allowance for loan and lease losses	29,074	26,572
Net loans receivable	3,234,739	3,072,435
Investment in restricted stock, at cost	31,487	32,612
Bank premises and equipment, net	22,652	22,333
Accrued interest receivable	12,604	12,545
Bank-owned life insurance	79,412	78,801
Other real estate owned	1,696	2,549
Goodwill	145,909	145,909
Core deposit intangibles	3,691	3,908
Other assets	29,847	24,096
Total assets	4,091,000	4,015,909
Deposits:
Noninterest-bearing	614,507	650,775
Interest-bearing	2,278,564	2,140,191
Total deposits	2,893,071	2,790,966
Borrowings	646,501	671,587
Subordinated debentures (net of $763 and $812 in debt issuance costs)	54,392	54,343
Other liabilities	22,309	21,669
Total liabilities	$ 3,616,273	$ 3,538,565
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY
Preferred stock, $1,000 liquidation value per share, authorized 5,000,000 shares; issued and outstanding 11,250 shares of Series B preferred stock at December 31, 2015; total liquidation value of $11,250 at December 31, 2015		$ 11,250
Common stock, no par value, authorized 50,000,000 shares; issued 32,227,000 shares at March 31, 2016 and 32,149,585 at December 31, 2015; outstanding 30,163,078 shares at March 31, 2016 and 30,085,663 at December 31, 2015	$ 374,287	374,287
Additional paid-in capital	9,324	8,527
Retained earnings	112,663	104,606
Treasury stock, at cost (2,063,922 common shares at March 31, 2016 and December 31, 2015)	(16,717)	(16,717)
Accumulated other comprehensive loss	(4,830)	(4,609)
Total stockholders' equity	474,727	477,344
Total liabilities and stockholders' equity	$ 4,091,000	$ 4,015,909

CONSOLIDATED STATEMENTS OF CON3

CONSOLIDATED STATEMENTS OF CONDITION (Parenthetical) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Held-to-maturity, fair value (in Dollars)	$ 229,470	$ 230,558
Subordinated debentures, debt issuance costs	$ 763	$ 812
Preferred stock, liquidation value (in Dollars per share)	$ 1,000	$ 1,000
Preferred stock, shares authorized	5,000,000	5,000,000
Preferred Stock, total liquidation value (in Dollars)	$ 11,250	$ 11,250
Common stock, shares authorized	50,000,000	50,000,000
Common stock, shares issued	32,227,000	32,149,585
Common stock, shares outstanding	30,163,078	30,085,663
Treasury Stock, Shares	2,063,922	2,063,922
Series B Preferred Stock [Member]
Preferred stock, shares issued		11,250
Preferred stock, shares outstanding		11,250

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Interest income
Interest and fees on loans	$ 35,017	$ 29,314
Interest and dividends on investment securities:
Taxable	2,140	2,910
Tax-exempt	883	883
Dividends	352	220
Interest on federal funds sold and other short-term investments	134	43
Total interest income	38,526	33,370
Interest expense
Deposits	3,939	3,025
Borrowings	3,267	2,053
Total interest expense	7,206	5,078
Net interest income	31,320	28,292
Provision for loan and lease losses	3,000	1,825
Net interest income after provision for loan and lease losses	28,320	26,467
Noninterest income
Annuities and insurance commissions	40	86
Bank-owned life insurance	612	386
Net gains on sale of loans held for sale	35	114
Deposit, loan and other income	$ 515	463
Net gains on sale of investment securities		506
Total other income	$ 1,202	1,555
Noninterest expense
Salaries and employee benefits	7,599	6,628
Occupancy and equipment	2,247	2,082
FDIC insurance	595	560
Professional and consulting	711	494
Marketing and advertising	184	194
Data processing	1,024	900
Amortization of core deposit intangible	217	241
Other expenses	1,776	1,532
Total other expense	14,353	12,631
Income before income tax expense	15,169	15,391
Income tax expense	4,778	5,012
Net income	10,391	10,379
Less: Preferred stock dividends	22	28
Net income available to common stockholders	$ 10,369	$ 10,351
Earnings per common share
Basic	$ 0.35	$ 0.35
Diluted	$ 0.34	$ 0.34
Weighted average common shares outstanding
Basic	29,995,870	29,757,316
Diluted	30,257,676	30,149,469
Dividend per common share	$ 0.075	$ 0.075

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Statement of Comprehensive Income [Abstract]
Net income	$ 10,391	$ 10,379
Unrealized gains and losses on securities:
Unrealized holding gains on available-for-sale securities arising during the period	895	1,509
Tax effect	(357)	(595)
Net of tax	$ 538	914
Reclassification adjustment for realized gains included in net income		(506)
Tax effect		207
Net of tax		(299)
Amortization of unrealized net losses on held-to-maturity securities transferred from available-for-sale securities	$ 51	65
Tax effect	(20)	(25)
Net of tax	31	40
Unrealized losses on cash flow hedge	(1,437)	(534)
Tax effect	587	218
Net of tax	(850)	(316)
Unrealized pension plan (losses) gains before reclassifications	$ (1)	634
Tax effect		(259)
Net of tax	$ (1)	375
Reclassification adjustment for realized losses included in net income	102	108
Tax effect	(41)	(44)
Net of tax	61	64
Total other comprehensive (loss) income	(221)	778
Total comprehensive income	$ 10,170	$ 11,157

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (unaudited) - USD ($) $ in Thousands	Preferred Stock	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Treasury Stock [Member]	Accumulated Other Comprehensive Loss [Member]	Total
Balance at Dec. 31, 2014	$ 11,250	$ 374,287	$ 6,015	$ 72,398	$ (16,717)	$ (1,014)	$ 446,219
Net income				$ 10,379			10,379
Other comprehensive income (loss), net of tax						$ 778	778
Dividend on series B preferred stock				$ (28)			(28)
Cash dividends declared on common stock ($0.075 per share)				$ (2,223)			(2,223)
Exercise of stock options			$ 590				$ 590
Restricted stock grants
Stock-based compensation expense			$ 479				$ 479
Balance at Mar. 31, 2015	$ 11,250	$ 374,287	7,084	$ 80,526	$ (16,717)	$ (236)	456,194
Balance at Dec. 31, 2015	$ 11,250	$ 374,287	$ 8,527	104,606	$ (16,717)	(4,609)	477,344
Net income				10,391			10,391
Other comprehensive income (loss), net of tax						$ (221)	(221)
Dividend on series B preferred stock				(22)			(22)
Cash dividends declared on common stock ($0.075 per share)				$ (2,312)			(2,312)
Redemption of preferred stock	$ (11,250)						(11,250)
Exercise of stock options			$ 42				$ 42
Restricted stock grants
Stock-based compensation expense			$ 755				$ 755
Balance at Mar. 31, 2016		$ 374,287	$ 9,324	$ 112,663	$ (16,717)	$ (4,830)	$ 474,727

CONSOLIDATED STATEMENTS OF CHA7

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (Parenthetical) - $ / shares	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Statement of Stockholders' Equity [Abstract]
Cash dividends declared on common stock	$ 0.075	$ 0.075
Exercise of stock options, shares	5,495	110,500
Issuance of restricted stock awards, shares	71,920	59,466

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Cash flows from operating activities
Net income	$ 10,391	$ 10,379
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization of premises and equipment	653	799
Provision for loan and lease losses	3,000	1,825
Amortization of intangibles	217	241
Net accretion of loans	(1,174)	(1,442)
Accretion on bank premises	(31)	(26)
Accretion on deposits	(75)	(191)
Accretion on borrowings	(86)	(143)
Stock-based compensation	$ 755	479
Gains on sales of investment securities, net		(506)
Gains on sale of loans held for sale, net	$ (35)	(114)
Loans originated for resale	(1,916)	(8,468)
Proceeds from sale of loans held for sale	1,951	7,190
Net loss on sale of other real estate owned	115	112
Increase in cash surrender value of bank-owned life insurance	(612)	(386)
Amortization of premiums and accretion of discounts on investments securities, net	417	518
(Increase) decrease in accrued interest receivable	(58)	187
Increase in other assets	(7,137)	(49)
Increase (decrease) in other liabilities	960	(2,388)
Net cash provided by operating activities	7,335	8,017
Investment securities available-for-sale:
Purchases	$ (19,135)	(1,543)
Sales		9,537
Maturities, calls and principal repayments	$ 24,295	6,673
Investment securities held-to-maturity:
Purchases	(1,000)	(9,986)
Maturities and principal repayments	5,439	2,749
Net redemptions (purchases) of restricted investment in bank stocks	1,125	(1,339)
Net increase in loans	(164,130)	(100,708)
Purchases of premises and equipment	(941)	(478)
Proceeds from sale of other real estate owned	738	126
Net cash used in investing activities	(153,609)	(94,969)
Cash flows from financing activities
Net increase in deposits	102,180	20,595
Advances of FHLB borrowings	50,000	90,101
Repayments of FHLB borrowings	(75,000)	(60,363)
Cash dividends paid on common stock	(2,312)	(2,247)
Cash dividends paid on preferred stock	(22)	$ (28)
Redemption of preferred stock	(11,250)
Proceeds from exercise of stock options	42	$ 590
Net cash provided by financing activities	63,638	48,648
Net change in cash and cash equivalents	(82,636)	(38,304)
Cash and cash equivalents at beginning of period	200,895	126,847
Cash and cash equivalents at end of period	118,259	88,543
Cash payments for:
Interest paid on deposits and borrowings	6,492	4,724
Income taxes	$ 10,235	$ 5,500

Nature of Operations and Princi

Nature of Operations and Principles of Consolidation	3 Months Ended
	Mar. 31, 2016
Disclosure Text Block [Abstract]
Nature of Operations and Principles of Consolidation	Note 1. Nature of Operations and Principles of Consolidation The consolidated financial statements of ConnectOne Bancorp, Inc. (the “Parent Corporation”) are prepared on an accrual basis and include the accounts of the Parent Corporation and its wholly-owned subsidiary, ConnectOne Bank (the “Bank” and, collectively with the Parent Corporation and the Parent Corporation’s other direct and indirect subsidiaries, the “Company”). All significant intercompany accounts and transactions have been eliminated from the accompanying consolidated financial statements. The Bank is a community-based, full-service New Jersey-chartered commercial bank that was founded in 2005. The Bank operates from its headquarters located at 301 Sylvan Avenue in the Borough of Englewood Cliffs, Bergen County, New Jersey and through its twenty other banking offices. Substantially all loans are secured by specific items of collateral including business assets, consumer assets, and commercial and residential real estate. Commercial loans are expected to be repaid from cash flow from business operations. There are no significant concentrations of loans to any one industry or client. However, the clients’ ability to repay their loans is dependent on the cash flows, real estate and general economic conditions in the area. The preceding unaudited consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles for interim financial information and with the instructions to Form 10-Q and Rule 10-01 of Regulation S-X, and, accordingly, do not include all of the information and footnotes required by U.S. generally accepted accounting principles for complete financial statements. However, in the opinion of management, all adjustments (consisting only of normal recurring accruals) considered necessary for a fair presentation have been included. Operating results for the three months ended March 31, 2016 are not necessarily indicative of the results that may be expected for the full year ending December 31, 2016, or for any other interim period. The Company’s 2015 Annual Report on Form 10-K should be read in conjunction with these financial statements. In preparing the consolidated financial statements, management has made estimates and assumptions that affect the reported amounts of assets and liabilities as of the dates of the consolidated statements of condition and that affect the results of operations for the periods presented. Actual results could differ significantly from those estimates. The consolidated financial statements have been prepared in conformity with U.S. generally accepted accounting principles (“U.S. GAAP”). Some items in the prior year financial statements were reclassified to conform to current presentation. Reclassifications had no effect on prior year net income or stockholders’ equity.

New Authoritative Accounting Gu

New Authoritative Accounting Guidance	3 Months Ended
	Mar. 31, 2016
Accounting Changes and Error Corrections [Abstract]
New Authoritative Accounting Guidance	Note 2. New Authoritative Accounting Guidance ASU No. 2014-12, "Accounting for Share-Based Payments When the Terms of an Award Provide That a Performance Target Could Be Achieved after the Requisite Service Period ("ASU 2014-12"). ASU 2014-12 requires that a performance target that affects vesting, and that could be achieved after the requisite service period, be treated as a performance condition. As such, the performance target should not be reflected in estimating the grant date fair value of the award. This update further clarifies that compensation cost should be recognized in the period in which it becomes probable that the performance target will be achieved and should represent the compensation cost attributable to the period(s) for which the requisite service has already been rendered. The Company adopted ASU 2014-12 effective on January 1, 2016 and is not expected to have a significant impact on the Company's consolidated financial statements. ASU No. 2015-03, "Interest-Imputation of Interest (Subtopic 835-30) Simplifying the Presentation of Debt Issuance Costs" requires that debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability, consistent with debt discounts. The recognition and measurement guidance for debt issuance costs are not affected by the amendments in the ASU No. 2015-03. The Company adopted ASU 2015-03 effective on January 1, 2016 and is not expected to have a significant impact on the Company's consolidated financial statements. ASU No. 2015-12, "Plan Accounting: Defined Benefit Pension Plans (Topic 960): Defined Contribution Pension Plans, (Topic 962): Health and Welfare Benefit Plans, (Topic 965): (Part I) Fully Benefit-Responsive Investment Contracts, (Part II) Plan Investment Disclosures, (Part III) Measurement Date Practical Expedient." ASU No. 2015-12 simplifies accounting for employee benefit plans as follows: (i) fully benefit-responsive investment contracts are now to be measured, presented and disclosed at contract value, (ii) the requirement to disclose investments that represent 5 percent or more of net assets available for benefits has been eliminated, (iii) the net appreciation or depreciation in investments for the period should be presented in the aggregate, but is no longer required to be disaggregated and disclosed by general type, (iv) if an investment is measured using the net asset value per share (or its equivalent) practical expedient in Topic 820, and that investment is in a fund that files a U.S. Department of Labor Form 5500, Annual Return/Report of Employee Benefit Plan, as a direct filing entity, disclosure of that investment’s strategy is no longer required, and (v) allows employers to measure (as a practical expedient) benefit plan assets on a month-end date nearest to the employer’s fiscal year end when the fiscal period does not coincide with a month end. ASU No. 2015-12 is effective for the Company on ASU No. 2016-02, “Leases (Topic 842)” requires the recognition of a right of use asset and related lease liability by lessees for leases classified as operating leases under current GAAP. Topic 842, which replaces the current guidance under Topic 840, retains a distinction between finance leases and operating leases. The recognition, measurement, and presentation of expenses and cash flows arising from a lease by a lessee also will not significantly change from current GAAP. For leases with a term of 12 months or less, a lessee is permitted to make an accounting policy election by class of underlying asset not to recognize right of use assets and lease liabilities. Topic 842 will be effective for the Company for reporting periods beginning January 1, 2019, with an early adoption permitted. The Company must apply a modified retrospective transition approach for the applicable leases existing at, or entered into after, the beginning of the earliest comparative period presented in the financial statements. The modified retrospective approach would not require any transition accounting for leases that expired before the earliest comparative period presented. Management is currently evaluating the impact of Topic 842 on the Company’s consolidated financial statements.

Earnings per Common Share

Earnings per Common Share	3 Months Ended
	Mar. 31, 2016
Earnings Per Share [Abstract]
Earnings per Common Share	Note 3. Earnings per Common Share Basic earnings per common share is computed by dividing income available to common stockholders by the weighted average number of common shares outstanding. Diluted EPS includes any additional common shares as if all potentially dilutive common shares were issued (e.g., stock options). The Company’s weighted average common shares outstanding for diluted EPS include the effect of stock options and restricted stock awards outstanding using the Treasury Stock Method, which are not included in the calculation of basic EPS. Earnings per common share have been computed as follows: Three Months Ended March 31, (in thousands, except for per share data) 2016 2015 Net income $ 10,391 $ 10,379 Preferred stock dividends (22) (28) Net income available to common stockholders $ 10,369 $ 10,351 Basic weighted average common shares outstanding 29,996 29,757 Effect of dilutive options 262 392 Diluted weighted average common shares outstanding 30,258 30,149 Earnings per common share: Basic $ 0.35 $ 0.35 Diluted $ 0.34 $ 0.34

Investment Securities

Investment Securities	3 Months Ended
	Mar. 31, 2016
Investments, Debt and Equity Securities [Abstract]
Investment Securities	Note 4. Investment Securities The Company’s investment securities are classified as available-for-sale and held-to-maturity at March 31, 2016 and December 31, 2015. Investment securities available-for-sale are reported at fair value with unrealized gains or losses included in equity, net of tax. Accordingly, the carrying value of such securities reflects their fair value as of March 31, 2016. Fair value is based upon either quoted market prices, or in certain cases where there is limited activity in the market for a particular instrument, assumptions are made to determine their fair value. See Note 7 of the Notes to Consolidated Financial Statements for a further discussion. Transfers of debt securities from the available-for-sale category to the held-to-maturity category are made at fair value at the date of transfer. The unrealized holding gain or loss at the date of transfer remains in accumulated other comprehensive income and in the carrying value of the held-to-maturity investment security. Premiums or discounts on investment securities are amortized or accreted using the effective interest method over the life of the security as an adjustment of yield. Unrealized holding gains or losses that remain in accumulated other comprehensive income are amortized or accreted over the remaining life of the security as an adjustment of yield, offsetting the related amortization of the premium or accretion of the discount. The following tables present information related to the Company’s investment securities at March 31, 2016 and December 31, 2015 (dollars in thousands): Gross Gross Amortized Unrealized Unrealized Fair March 31, 2016 Cost Gains Losses Value Investment securities available-for-sale Federal agency obligations $ 31,370 $ 486 $ (29) $ 31,827 Residential mortgage pass-through securities 47,404 1,162 (21) 48,545 Commercial mortgage pass-through securities 2,965 88 - 3,053 Obligations of U.S. states and political subdivisions 9,642 164 - 9,806 Trust preferred securities 16,089 440 (350) 16,179 Corporate bonds and notes 40,771 873 (256) 41,388 Asset-backed securities 18,682 - (528) 18,154 Certificates of deposit 1,496 20 - 1,516 Equity securities 376 29 (28) 377 Other securities 20,490 84 (88) 20,486 Total securities available-for-sale $ 189,285 $ 3,346 $ (1,300) $ 191,331 Gross Gross Amortized Unrecognized Unrecognized Fair Cost Gains Losses Value Investment securities held-to-maturity U.S. Treasury and agency securities $ 28,523 $ 1,890 $ - $ 30,413 Federal agency obligations 31,567 700 (8) 33,259 Residential mortgage-backed securities 3,489 28 (15) 3,502 Commercial mortgage-backed securities 1,317 30 - 1,347 Obligations of U.S. states and political divisions 117,416 6,208 - 123,624 Corporate bonds and notes 37,061 1,396 (132) 38,325 Total securities held-to-maturity $ 219,373 $ 10,252 $ (155) $ 229,470 Total investment securities $ 408,658 $ 13,598 $ (1,455) $ 420,801 Gross Gross Amortized Unrealized Unrealized Fair December 31, 2015 Cost Gains Losses Value Investment securities available-for-sale Federal agency obligations $ 29,062 $ 142 $ (58) $ 29,146 Residential mortgage pass-through securities 44,155 803 (48) 44,910 Commercial mortgage pass-through securities 2,981 - (9) 2,972 Obligations of U.S. states and political subdivisions 8,188 169 - 8,357 Trust preferred securities 16,088 398 (231) 16,255 Corporate bonds and notes 53,566 702 (292) 53,976 Asset-backed securities 20,005 18 (298) 19,725 Certificates of deposit 1,895 18 (8) 1,905 Equity securities 376 21 (23) 374 Other securities 18,303 - (153) 18,150 Total securities available-for-sale $ 194,619 $ 2,271 $ (1,120) $ 195,770 Gross Gross Amortized Unrecognized Unrecognized Fair Cost Gains Losses Value Investment securities held-to-maturity U.S. Treasury and agency securities $ 28,471 $ 755 $ - $ 29,226 Federal agency obligations 33,616 280 (119) 33,777 Residential mortgage-backed securities 3,805 11 (6) 3,810 Commercial mortgage-backed securities 4,110 27 (2) 4,135 Obligations of U.S. states and political divisions 118,015 5,001 (3) 123,013 Corporate bonds and notes 36,039 719 (161) 36,597 Total securities held-to-maturity $ 224,056 $ 6,793 $ (291) $ 230,558 Total investment securities $ 418,675 $ 9,064 $ (1,411) $ 426,328 The following table presents information for investment securities at March 31, 2016, based on scheduled maturities. Actual maturities can be expected to differ from scheduled maturities due to prepayment or early call options of the issuer. March 31, 2016 Amortized Fair Cost Value (in thousands) Investment securities available-for-sale Due in one year or less $ 10,948 $ 10,967 Due after one year through five years 15,800 16,287 Due after five years through ten years 37,582 37,795 Due after ten years 53,720 58,821 Residential mortgage pass-through securities 47,404 48,545 Commercial mortgage pass-through securities 2,965 3,053 Equity securities 376 377 Other securities 20,490 20,486 Total $ 189,285 $ 191,331 Investment securities held-to-maturity Due in one year or less $ 1,000 $ 1,000 Due after one year through five years 14,561 14,907 Due after five years through ten years 85,428 90,182 Due after ten years 113,578 118,532 Residential mortgage pass-through securities 3,489 3,502 Commercial mortgage pass-through securities 1,317 1,347 Total $ 219,373 $ 229,470 Total investment securities $ 408,658 $ 420,801 Gross gains and losses from the sales, calls and maturities of investment securities for the three months ended March 31, 2016 and 2015 were as follows: Three Months Ended March 31, (in thousands) 2016 2015 Proceeds $ - $ 9,537 Gross gains on sales of investment securities - 506 Gross losses on sales of investment securities - - Net gains on sales of investment securities - 506 Less: tax provision on net gains - 207 Total $ - $ 299 The Company performs regular analysis on the securities portfolio to determine whether a decline in fair value indicates that an investment is other-than-temporarily impaired in accordance with FASB ASC 320-10. FASB ASC 320-10 requires companies to record other-than-temporary impairment (“OTTI”) charges, through earnings, if they have the intent to sell, or more likely than not will be required to sell, an impaired debt security before recovery of its amortized cost basis. If the Company intends to sell or it is more likely than not it will be required to sell the security before recovery of its amortized cost basis, less any current period credit loss, the OTTI is recognized in earnings equal to the entire difference between the investment’s amortized cost basis and its estimated fair value at the balance sheet date. If the Company does not intend to sell the security and it is more likely than not that the Company will not be required to sell the security before recovery of its amortized cost basis less any current period loss, and the Company determines that a decline in fair value is other than temporary, the OTTI is separated into the amount representing the credit loss and the amount related to all other factors. The amount of the OTTI related to the credit loss is determined based on the present value of cash flows expected to be collected and is recognized in earnings. The amount of the total OTTI related to other factors is recognized in other comprehensive income, net of applicable taxes. The previous amortized cost basis less the OTTI recognized in earnings becomes the new amortized cost basis of the investment. The Company maintains a watch list for the identification and monitoring of securities experiencing problems that require a heightened level of review. This could include credit rating downgrades. The Company’s assessment of whether an impairment in the portfolio is other than temporary includes factors such as whether the issuer has defaulted on scheduled payments, announced restructuring and/or filed for bankruptcy, has disclosed severe liquidity problems that cannot be resolved, disclosed deteriorating financial condition or sustained significant losses. Temporarily Impaired Investments The Company does not believe that the unrealized losses, for all securities, which were comprised of 46 and 74 investment securities as of March 31, 2016 and December 31, 2015, respectively, represent an other-than-temporary impairment. The gross unrealized losses associated with U.S. Treasury and agency securities, federal agency obligations, mortgage-backed securities, corporate bonds, tax-exempt securities, asset-backed securities, trust preferred securities, mutual funds and equity securities are not considered to be other than temporary because these unrealized losses are related to changes in interest rates and do not affect the expected cash flows of the underlying collateral or issuer. Factors affecting the market price include credit risk, market risk, interest rates, economic cycles, and liquidity risk. The magnitude of any unrealized loss may be affected by the relative concentration of the Company’s investment in any one issuer or industry. The Company has established policies to reduce exposure through diversification of concentration of the investment portfolio including limits on concentrations to any one issuer. The Company believes the investment portfolio is prudently diversified. The decline in value is related to a change in interest rates and subsequent change in credit spreads required for these issues affecting market price. All issues are performing and are expected to continue to perform in accordance with their respective contractual terms and conditions. Short to intermediate average durations and in certain cases monthly principal payments should reduce further market value exposure to increases in rates. The Company evaluates all securities with unrealized losses quarterly to determine whether the loss is other than temporary. Unrealized losses in the corporate debt securities category consist primarily of senior unsecured corporate debt securities issued by large financial institutions, insurance companies and other corporate issuers. Single issuer corporate trust preferred securities are also included, and in the case of one holding the market valuation loss is largely based upon the floating rate coupon and corresponding market valuation. Neither that trust preferred issuer, nor any other corporate issuers, have defaulted on interest payments. The unrealized loss in equity securities consists of losses on other bank equities. The decline in fair value is due in large part to the lack of an active trading market for these securities, changes in market credit spreads and rating agency downgrades. Management concluded that these securities were not other-than-temporarily impaired at March 31, 2016. In determining that the securities giving rise to the previously mentioned unrealized losses were not other than temporary, the Company evaluated the factors cited above, which the Company considers when assessing whether a security is other-than-temporarily impaired. In making these evaluations the Company must exercise considerable judgment. Accordingly, there can be no assurance that the actual results will not differ from the Company’s judgments and that such differences may not require the future recognition of other-than-temporary impairment charges that could have a material effect on the Company’s financial position and results of operations. In addition, the value of, and the realization of any loss on, an investment security is subject to numerous risks as cited above. The following tables indicate gross unrealized losses not recognized in income and fair value, aggregated by investment category and the length of time individual securities have been in a continuous unrealized loss position at March 31, 2016 and December 31, 2015: March 31, 2016 Total Less than 12 Months 12 Months or Longer Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses (in thousands) Investment securities available-for-sale Federal agency obligation $ 7,070 $ (29) $ 6,836 $ (28) $ 234 $ (1) Residential mortgage pass-through securities 7,173 (21) 6,679 (14) 494 (7) Trust preferred securities 1,227 (350) - - 1,227 (350) Corporate bonds and notes 15,553 (256) 11,727 (118) 3,826 (138) Asset-backed securities 18,154 (528) 14,825 (417) 3,329 (111) Equity securities 117 (28) - - 117 (28) Other securities 5,412 (88) - - 5,412 (88) Total $ 54,706 $ (1,300) $ 40,067 $ (577) $ 14,639 $ (723) Investment securities held-to-maturity Federal agency obligation $ 4,161 $ (8) $ 2,300 $ (6) $ 1,861 $ (2) Residential mortgage pass-through securities 1,920 (15) 1,920 (15) - - Corporate bonds and notes 2,632 (131) 2,632 (131) - - Total $ 8,713 $ (154) $ 6,852 $ (152) $ 1,861 $ (2) Total temporarily impaired securities $ 63,419 $ (1,454) $ 46,919 $ (729) $ 16,500 $ (725) December 31, 2015 Total Less than 12 Months 12 Months or Longer Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses (dollars in thousands) Investment Securities Available-for-Sale: Federal agency obligation $ 12,260 $ (58) $ 12,013 $ (54) $ 247 $ (4) Residential mortgage pass-through securities 9,027 (48) 9,027 (48) — — Commercial mortgage-backed securities 2,971 (9) 2,971 (9) — — Trust preferred securities 1,345 (231) — — 1,345 (231) Corporate bonds and notes 16,533 (292) 12,702 (161) 3,831 (131) Asset-backed securities 14,745 (298) 11,250 (188) 3,495 (110) Certificates of deposit 215 (8) 215 (8) — — Equity securities 123 (23) — — 123 (23) Other securities 5,347 (153) — — 5,347 (153) Total $ 62,566 $ (1,120) $ 48,178 $ (468) $ 14,388 $ (652) Investment Securities Held-to-Maturity: Federal agency obligation 12,554 (119) 11,783 (109) 771 (10) Residential mortgage pass-through securities 2,480 (6) 2,480 (6) — — Commercial mortgage-backed securities 1,331 (2) 1,331 (2) — — Obligations of U.S. states and political subdivisions 981 (3) 981 (3) — — Corporate bonds and notes 5,536 (161) 5,536 (161) — — Total $ 22,882 $ (291) $ 22,111 $ (281) $ 771 $ (10) Total Temporarily Impaired Securities $ 85,448 $ (1,411) $ 70,289 $ (749) $ 15,159 $ (662) Investment securities having a carrying value of approximately $155.3 million and $142.5 million at March 31, 2016 and December 31, 2015, respectively, were pledged to secure public deposits, borrowings, Federal Reserve Discount Window and Federal Home Loan Bank advances and for other purposes required or permitted by law. As of March 31, 2016 and December 31, 2015, there were no holdings of securities of any one issuer, other than the U.S. Government and its agencies, in an amount greater than 10% of stockholders’ equity.

Derivatives

Derivatives	3 Months Ended
	Mar. 31, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivatives	Note 5 – Derivatives The Company utilizes interest rate swap agreements as part of its asset liability management strategy to help manage its interest rate risk position. The notional amount of the interest rate swap does not represent amounts exchanged by the parties. The amount exchanged is determined by reference to the notional amount and the other terms of the individual interest rate swap agreements. Interest rate swaps were entered into on August 24, 2015, October 15, 2014 and December 30, 2014, each with a respective notional amount of $25.0 million and were designated as cash flow hedges of a Federal Home Loan Bank advance. The swaps were determined to be fully effective during the period presented and therefore no amount of ineffectiveness has been included in net income while the aggregate fair value of the swaps is recorded in other assets (liabilities) with changes in fair value recorded in other comprehensive income (loss). The amount included in accumulated other comprehensive income (loss) would be reclassified to current earnings should the hedges no longer be considered effective. The Company expects the hedges to remain fully effective during the remaining term of the swaps. Summary information about the interest rate swaps designated as cash flow hedges as of March 31, 2016, December 31, 2015 and March 31, 2015 are presented in the following table. March 31, December 31, March 31, (dollars in thousands) 2016 2015 2015 Notional amount $ 75,000 $ 75,000 $ 50,000 Weighted average pay rates 1.57% 1.56% 1.58% Weighted average receive rates 0.56% 0.44% 0.24% Weighted average maturity 3.6 years 3.8 years 4.2 years Fair value $ (1,568) $ (131) $ (486) Interest expense recorded on these swap transactions totaled approximately $191 thousand for the three months ended March 31, 2016 and $166 thousands for the three months ended March 31, 2015. Cash Flow Hedge The following table presents the net gains (losses), recorded in other comprehensive income and the Consolidated Statements of Income relating to the cash flow derivative instruments for the following periods: Three Months Ended March 31, 2016 Amount of loss recognized in other Amount of loss Non- recognized Amount of loss interest in OCI reclassified income (Effective from OCI to interest (Ineffective (in thousands) Portion) income Portion) Interest rate contracts $ (1,437) $ - $ - Three Months Ended March 31, 2015 Amount of loss recognized in other Amount of loss non- recognized Amount of loss interest in OCI reclassified income (effective from OCI to interest (ineffective (in thousands) Portion) income portion) Interest rate contracts $ (534) $ - $ - The following table reflects the cash flow hedges included in the consolidated statements of condition as of March 31, 2016 and December 31, 2015: 2016 2015 Notional Notional (in thousands) Amount Fair Value Amount Fair Value Included in other assets/(liabilities): Interest rate swaps related to FHLB Advances $ 75,000 $ (1,568) $ 75,000 $ (131)

Loans and the Allowance for Loa

Loans and the Allowance for Loan and Lease Losses	3 Months Ended
	Mar. 31, 2016
Receivables [Abstract]
Loans and the Allowance for Loan and Lease Losses	Note 6. Loans and the Allowance for Loan and Lease Losses Loans that management has the intent and ability to hold for the foreseeable future or until maturity or payoff are reported at the principal balance outstanding, net of deferred loan fees and costs, and an allowance for loan and lease losses. Interest income is accrued on the unpaid principal balance. Loan origination fees, net of certain direct origination costs, are deferred and recognized in interest income using the level-yield method without anticipating prepayments. Loan segments are defined as a group of loans and leases, which share similar initial measurement attributes, risk characteristics, and methods for monitoring and assessing credit risk. Management has determined that the Company has five segments of loans and leases: commercial (including lease financing), commercial real estate, commercial construction, residential real estate (including home equity) and consumer. Interest income on commercial, commercial real estate, commercial construction and residential loans are discontinued at the time the loan is 90 days delinquent unless the loan is well-secured and in process of collection. Past due status is based on the contractual terms of the loan. In all cases, loans are placed on nonaccrual or charged-off at an earlier date if collection of principal or interest is considered doubtful. Nonaccrual loans and loans past due 90 days still on accrual include both smaller balance homogeneous loans that are collectively evaluated for impairment and individually classified impaired loans. A loan is moved to nonaccrual status in accordance with the Company’s policy, typically after 90 days of non-payment. All interest accrued but not received for loans placed on nonaccrual is reversed against interest income. Interest received on such loans is accounted for on the cash-basis or cost-recovery method, until qualifying for return to accrual. Loans are returned to accrual status when all the principal and interest amounts contractually due are brought current and future payments are reasonably assured. The policy of the Company is to generally grant commercial, residential and consumer loans to residents and businesses within its market area. The borrowers’ abilities to repay their obligations are dependent upon various factors including the borrowers’ income and net worth, cash flows generated by the borrowers’ underlying collateral, value of the underlying collateral, and priority of the lender’s lien on the property. Such factors are dependent upon various economic conditions and individual circumstances beyond the control of the Company. The Company is therefore subject to risk of loss. The Company believes its lending policies and procedures adequately minimize the potential exposure to such risks and that adequate provisions for loan and lease losses are provided for all known and inherent risks. Collateral and/or personal guarantees are required for a large majority of the Company’s loans. Allowance for Loan and Lease Losses The allowance for loan and lease losses is a valuation allowance for probable incurred credit losses. 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. Management estimates the allowance balance required using past loan and lease loss experience, the nature and volume of the portfolio, information about specific borrower situations and estimated collateral values, economic conditions, and other factors. Allocations of the allowance may be made for specific loans, but the entire allowance is available for any loan that, in management’s judgment, should be charged off. The allowance consists of specific and general components. The specific component relates to loans that are individually classified as impaired. A loan is impaired when, based on current information and events, it is probable that the Company will be unable to collect all amounts due according to the contractual terms of the loan agreement. Loans, for which the terms have been modified, and for which the borrower is experiencing financial difficulties, are considered troubled debt restructurings (“TDRs”) and classified as impaired. As part of the evaluation of impaired loans, the Company individually reviews for impairment all non-homogeneous loans internally classified as substandard or below. Generally, smaller impaired non-homogeneous loans and impaired homogeneous loans are collectively evaluated for impairment. The Bank has defined its population of impaired loans to include all loans on nonaccrual status; all troubled debt restructuring loans; and all loans (above an established dollar threshold of $250,000) internally classified as “Special Mention” or below that require a specific reserve. 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. Troubled debt restructurings are separately identified for impairment disclosures and are measured at the present value of estimated future cash flows using the loan’s effective rate at inception. If a troubled debt restructuring is considered to be a collateral dependent loan, the loan is reported, net, at the fair value of the collateral. For troubled debt restructurings that subsequently default, the Company determines the amount of reserve in accordance with the accounting policy for the allowance for loan and lease losses. The general component covers non-impaired loans and is based on historical loss experience adjusted for current factors. The historical loss experience, the primary factor, is determined by loan class and is based on the actual loss history experienced by the Bank over an actual three year rolling calculation. This actual loss experience is supplemented with other economic factors based on the risks present for each portfolio segment. This actual loss experience is supplemented with the exogenous factor adjustments based on the risks present for each loan category. These exogenous factors (nine total) include consideration of the following: concentrations of credit; delinquency & nonaccrual trends; economic & business conditions including evaluation of the national and regional economies and industries with significant loan concentrations; external factors including legal, regulatory or competitive pressures that may impact the loan portfolio; changes in the experience, ability, or size of the lending staff, management, or board of directors that may impact the loan portfolio; changes in underwriting standards, collection procedures, charge-off practices, or other changes in lending policies and procedures that may impact the loan portfolio; loss and recovery trends; changes in portfolio size and mix; and trends in problem loans. Purchased Credit-Impaired Loans The Company purchases groups of loans in conjunction with mergers, some of which have shown evidence of credit deterioration since origination. These purchased credit impaired loans are recorded at the amount paid, such that there is no carryover of the seller’s allowance for loan and lease losses. After acquisition, losses are recognized by an increase in the allowance for loan and lease losses. Such purchased credit-impaired loans (“PCI”) are accounted for individually. The Company estimates the amount and timing of expected cash flows for each loan and the expected cash flows in excess of amount paid is recorded as interest income over the remaining life of the loan (accretable yield). The excess of the loan’s contractual principal and interest over expected cash flows is not recorded (nonaccretable difference). A PCI loan may be resolved either through a sale of the loan, by working with the customer and obtaining partial or full repayment, by short sale of the collateral, or by foreclosure. A gain or loss on resolution would be recognized based on the difference between the proceeds received and the carrying amount of the loan. Payments received earlier than expected or in excess of expected cash flows from sales or other resolutions may result in the carrying value of a pool being reduced to zero even though outstanding contractual balances and expected cash flows remain related to loans in the pool. Once the carrying value of a pool is reduced to zero, any future proceeds, which may include cash or real estate acquired in foreclosure, from the remaining loans, representing further realization of accretable yield, are recognized as interest income upon receipt. PCI loans that met the criteria for nonaccrual may be considered performing, regardless of whether the customer is contractually delinquent, if management can reasonably estimate the timing and amount of the expected cash flows on such loans and if management expects to fully collect the new carrying value of the loans. As such, management may no longer consider the loans to be nonaccrual or nonperforming and may accrue interest on these loans, including the impact of any accretable discount. Composition of Loan Portfolio The following table sets forth the composition of the Company’s loan portfolio, including net deferred loan fees, at March 31, 2016 and December 31, 2015: March 31, December 31, 2016 2015 (in thousands) Commercial $ 601,708 $ 570,116 Commercial real estate 2,028,301 1,966,696 Commercial construction 402,594 328,838 Residential real estate 231,319 233,690 Consumer 1,851 2,454 Gross loans 3,265,773 3,101,794 Net deferred loan fees (1,960) (2,787) Total loans receivable $ 3,263,813 $ 3,099,007 At March 31, 2016 and December 31, 2015 loan balances of approximately $1.6 billion were pledged to secure borrowings from the Federal Home Loan Bank of New York. Purchased Credit-Impaired Loans The Company holds purchased loans for which there was, at their acquisition date, evidence of deterioration of credit quality since their origination and it was probable, at acquisition, that all contractually required payments would not be collected. The carrying amount of those loans is as follows at March 31, 2016 and December 31, 2015. March 31, December 31, 2016 2015 (in thousands) Commercial $ 7,059 $ 7,078 Commercial real estate 1,745 1,775 Residential real estate 334 328 Total carrying amount $ 9,138 $ 9,181 For those purchased loans disclosed above, the Company did not increase the allowance for loan and lease losses for the three months ended March 31, 2016. The accretable yield, or income expected to be collected, on the purchased loans disclosed above for the three months ended March 31, 2016 is as follows (in thousands): Three Months Three Months Ended March Ended March 31, 2016 31, 2015 Beginning balance $ 3,599 $ 4,805 New loans purchased - - Accretion of income (183) (54) Reclassification from nonaccretable differences - - Disposals - - Ending balance $ 3,416 $ 4,751 The following table presents information about the recorded investment in loan receivables on nonaccrual status by segment at March 31, 2016 and December 31, 2015: Loans Receivable on Nonaccrual Status March 31, December 31, 2016 2015 (in thousands) Commercial $ 7,239 $ 6,586 Commercial real estate 8,841 9,112 Commercial construction 1,636 1,479 Residential real estate 3,734 3,559 Total loans receivable on nonaccrual status $ 21,450 $ 20,736 The Company continuously monitors the credit quality of its loans receivable. In addition to its internal staff, the Company utilizes the services of a third party loan review firm to rate the credit quality of its loans receivable. Credit quality is monitored by reviewing certain credit quality indicators. Assets classified “Pass” are deemed to possess average to superior credit quality, requiring no more than normal attention. Assets classified as “Special Mention” have generally acceptable credit quality yet possess higher risk characteristics/circumstances than satisfactory assets. Such conditions include strained liquidity, slow pay, stale financial statements, or other conditions that require more stringent attention from the lending staff. These conditions, if not corrected, may weaken the loan quality or inadequately protect the Company’s credit position at some future date. Assets are classified “Substandard” if the asset has a well-defined weakness that requires management’s attention to a greater degree than for loans classified special mention. Such weakness, if left uncorrected, could possibly result in the compromised ability of the loan to perform to contractual requirements. An asset is classified as “Doubtful” if it is inadequately protected by the net worth and/or paying capacity of the obligor or of the collateral, if any, that secures the obligation. Assets classified as doubtful include assets for which there is a “distinct possibility” that a degree of loss will occur if the inadequacies are not corrected. The following table presents information, excluding net deferred loan fees, about the Company’s loan credit quality at March 31, 2016 and December 31, 2015: March 31, 2016 Special Pass Mention Substandard Doubtful Total (in thousands) Commercial $ 494,413 $ 6,976 $ 100,319 $ - $ 601,708 Commercial real estate 1,979,211 17,820 31,270 - 2,028,301 Commercial construction 400,131 827 1,636 - 402,594 Residential real estate 226,879 - 4,440 - 231,319 Consumer 1,770 - 81 - 1,851 Total loans $ 3,102,404 $ 25,623 $ 137,746 $ - $ 3,265,773 December 31, 2015 Special Pass Mention Substandard Doubtful Total (in thousands) Commercial $ 462,358 $ 11,760 $ 95,998 $ - $ 570,116 Commercial real estate 1,919,041 18,990 28,426 239 1,966,696 Commercial construction 326,697 662 1,479 - 328,838 Residential real estate 229,426 - 4,264 - 233,690 Consumer 2,368 - 86 - 2,454 Total loans $ 2,939,890 $ 31,412 $ 130,253 $ 239 $ 3,101,794 The following table provides an analysis of the impaired loans, by loan segment, at March 31, 2016 and December 31, 2015: March 31, 2016 Unpaid Recorded Principal Related Investment Balance Allowance No related allowance recorded (in thousands) Commercial $ 3,320 $ 3,625 Commercial real estate 15,271 15,202 Commercial construction 2,466 2,538 Residential real estate 4,123 4,532 Consumer 81 81 Total $ 25,261 $ 25,978 With an allowance recorded Commercial $ 91,928 $ 91,851 $ 7,677 Total Commercial $ 95,248 $ 95,476 $ 7,677 Commercial real estate 15,271 15,202 - Commercial construction 2,466 2,538 - Residential real estate 4,123 4,532 - Consumer 81 81 - Total $ 117,189 $ 117,829 $ 7,677 December 31, 2015 Unpaid Recorded Principal Related Investment Balance Allowance No related allowance recorded (in thousands) Commercial $ 610 $ 645 Commercial real estate 15,517 16,512 Commercial construction 2,149 2,141 Residential real estate 3,954 4,329 Consumer 87 86 Total $ 22,317 $ 23,713 With an allowance recorded Commercial $ 84,787 $ 84,449 $ 6,725 Total Commercial $ 85,397 $ 85,094 $ 6,725 Commercial real estate 15,517 16,512 - Commercial construction 2,149 2,141 - Residential real estate 3,954 4,329 - Consumer 87 86 - Total $ 107,104 $ 108,162 $ 6,725 The following table provides an analysis related to the average recorded investment and interest income recognized on impaired loans by segment as of and for the three and nine months ended March 31, 2016 and 2015 (in thousands): Three Months Ended March 31, 2016 2015 Average Interest Average Interest Recorded Income Recorded Income Investment Recognized Investment Recognized Impaired loans with no related allowance recorded Commercial $ 2,591 $ 24 $ 290 $ - Commercial real estate 15,274 25 6,052 19 Commercial construction 2,307 16 - - Residential real estate 4,107 5 3,613 2 Consumer 84 1 106 1 Total $ 24,363 $ 71 $ 10,061 $ 22 Impaired loans with an allowance recorded Commercial $ 83,759 $ 737 $ 387 $ - Commercial real estate - - 6,335 - Total $ 83,759 $ 737 $ 6,722 $ - Total impaired loans Commercial $ 86,350 $ 761 $ 677 $ - Commercial real estate 15,274 25 12,387 19 Commercial construction 2,307 16 Residential real estate 4,107 5 3,613 2 Consumer 84 1 106 1 Total $ 108,122 $ 808 $ 16,783 $ 22 Included in impaired loans at March 31, 2016 and December 31, 2015 are loans that are deemed troubled debt restructurings. The recorded investment in loans include accrued interest receivable and other capitalized costs such as real estate taxes paid on behalf of the borrower and loan origination fees, net, when applicable. Cash basis interest and interest income recognized on accrual basis approximate each other. The following table provides an analysis of the aging of the recorded investment of loans, excluding net deferred loan fees that are past due at March 31, 2016 and December 31, 2015 by segment: Aging Analysis March 31, 2016 Loans Receivable 90 90 Days or Days or Greater 30-59 Days 60-89 Days Greater Past Total Past Total Loans Past Due and Past Due Past Due Due Due Current Receivable Accruing (in thousands) Commercial $ 5,539 $ - $ 12,409 $ 17,948 $ 583,760 $ 601,708 $ 5,250 Commercial real estate 5,408 - 10,027 15,435 2,012,866 2,028,301 1,382 Commercial construction 1,750 - - 1,750 400,844 402,594 - Residential real estate 1,741 380 2,746 4,867 226,452 231,319 - Consumer 2 - - 2 1,849 1,851 Total $ 14,440 $ 380 $ 25,181 $ 40,002 $ 3,225,771 $ 3,265,773 $ 6,632 December 31, 2015 Loans Receivable 90 90 Days or Days or Greater 30-59 Days 60-89 Days Greater Past Total Past Total Loans Past Due and Past Due Past Due Due Due Current Receivable Accruing (in thousands) Commercial $ 6,887 $ 3,505 $ 6,865 $ 17,257 $ 552,859 $ 570,116 $ - Commercial real estate 1,998 988 9,561 12,547 1,954,149 1,966,696 - Commercial construction - - 1,479 1,479 327,359 328,838 - Residential real estate - - 2,122 2,122 231,568 233,690 - Consumer 4 9 - 13 2,441 2,454 - Total $ 8,889 $ 4,502 $ 20,027 $ 33,418 $ 3,068,376 $ 3,101,794 $ - The following table details, at the period presented, the amount of loans receivable that are evaluated individually, and collectively, for impairment (excluding net deferred loan fees), those acquired with deteriorated quality, and the related portion of the allowance for loan and lease losses that are allocated to each loan portfolio segment: March 31, 2016 Commercial Commercial Residential Commercial real estate construction real estate Consumer Unallocated Total (in thousands) Allowance for loan and lease losses Individually evaluated for impairment $ 7,677 $ - $ - $ - $ - $ - $ 7.677 Collectively evaluated for impairment 5,420 10,941 3,617 1,074 4 341 21,397 Acquired with deteriorated credit quality - - - - - - - Total $ 13,097 $ 10,941 $ 3,617 $ 1,074 $ 4 $ 341 $ 29,074 Gross loans Individually evaluated for impairment $ 95,248 $ 15,271 $ 2,466 $ 4,123 $ 81 $ - $ 117,189 Collectively evaluated for impairment 499,401 2,011,285 400,128 226,862 1,770 - 3,139,446 Acquired with deteriorated credit quality 7,059 1,745 - 334 - - 9,138 Total $ 601,708 $ 2,028,301 $ 402,594 $ 231,319 $ 1,851 $ - $ 3,265,773 The table above includes approximately $824 million of acquired loans for the period ended March 31, 2016 reported as collectively evaluated for impairment, of which approximately $661 million were included in the commercial real estate loan segment. The following table details the amount of gross loans that are evaluated individually, and collectively, for impairment (excluding net deferred costs), those acquired with deteriorated quality, and the related portion of the allowance for loan and lease loss that is allocated to each loan portfolio class: December 31, 2015 Commercial Commercial Residential Commercial real estate construction real estate Consumer Unallocated Total (in thousands) Allowance for loan and lease losses Individually evaluated for impairment $ 6,725 $ - $ - $ - $ - $ - $ 6,725 Collectively evaluated for impairment 4,224 10,926 3,253 976 4 464 19,847 Acquired with deteriorated credit quality - - - - - - - Total $ 10,949 $ 10,926 $ 3,253 $ 976 $ 4 $ 464 $ 26,572 Gross loans Individually evaluated for impairment $ 85,397 $ 15,517 $ 2,149 $ 3,954 $ 87 $ - $ 107,104 Collectively evaluated for impairment 477,641 1,949,404 326,689 229,408 2,367 - 2,985,509 Acquired with deteriorated credit quality 7,078 1,775 - 328 - - 9,181 Total $ 570,116 $ 1,966,696 $ 328,838 $ 233,690 $ 2,454 $ - $ 3,101,794 The tables above include approximately $867 million of acquired loans as of December 31, 2015 reported as collectively evaluated for impairment, of which $672 million were included in the commercial real estate loan segment. The Company’s allowance for loan and lease losses is analyzed quarterly. Many factors are considered, including growth in the portfolio, delinquencies, nonaccrual loan levels, and other factors inherent in the extension of credit. There have been no material changes to the allowance for loan and lease losses methodology as disclosed in the Company’s Annual Report on Form 10-K for the year ended December 31, 2015. A summary of the activity in the allowance for loan and lease losses is as follows: Three Months Ended March 31, 2016 Commercial Commercial Residential Commercial real estate construction real estate Consumer Unallocated Total (in thousands) Balance at December 31, 2015 $ 10,949 $ 10,926 $ 3,253 $ 976 $ 4 $ 464 $ 26,572 Charge-offs (445) - - (67) - - (512) Recoveries 1 13 - - - - 14 Provision 2,592 2 364 165 - (123) 3,000 Balance at March 31, 2016 $ 13,097 $ 10,941 $ 3,617 $ 1,074 $ 4 $ 341 $ 29,074 Three Months Ended March 31, 2015 Commercial Commercial Residential Commercial real estate construction real estate Consumer Unallocated Total (in thousands) Balance at December 31, 2014 $ 3,083 $ 7,799 $ 1,239 $ 1,113 $ 7 $ 919 $ 14,160 Charge-offs (45) (4) - - (11) - (60) Recoveries 6 - - 1 1 - 8 Provision 883 1,051 279 (133) 7 (262) 1,825 Balance at March 31, 2015 $ 3,927 $ 8,846 $ 1,518 $ 981 $ 4 $ 657 $ 15,933 Trouble Debt Restructurings At March 31, 2016, there were no commitments to lend additional funds to borrowers whose loans were on nonaccrual status or were contractually past due in excess of 90 days and still accruing interest, or whose terms have been modified in troubled debt restructurings. The policy of the Company generally is to grant commercial, mortgage and consumer loans to residents and businesses within its market area. The ability of borrowers abilities to repay their obligations are dependent upon various factors, including the borrowers’ income and net worth, cash flows generated by the borrowers’ underlying collateral, value of the underlying collateral, and priority of the lender’s lien on the property. Such factors are dependent upon various economic conditions and individual circumstances beyond the control of the Company. The Company is therefore subject to risk of loss. The Company believes its lending policies and procedures adequately minimize the potential exposure to such risks and that adequate provisions for loan and lease losses are provided for all known and inherent risks. Collateral and/or personal guarantees are required for virtually all loans. A loan is considered to be in payment default once it is 90 days contractually past due under the modified terms. Loans modified in troubled debt restructurings totaled $96.5 million at March 31, 2016, of which $1.4 million were on nonaccrual status and $95.1 million were performing troubled debt restructurings. At December 31, 2015, loans modified in troubled debt restructurings totaled $86.6 million, of which $0.7 million were on nonaccrual status and $85.9 million were performing troubled debt restructurings. The Company has allocated $6.0 million in specific allocations with respect to loans whose loan terms had been modified in troubled debt restructurings as of March 31, 2016. At December 31, 2015, there were $4.5 million in specific allocations with respect to performing troubled debt restructurings, and there were no specific allocations with respect to troubled debt restructurings as of March 31, 2015. Performing TDRs as of March 31, 2016 increased the allowance for loan and lease losses by $1.5 million for the three months ended March 31, 2016. Performing TDRs as of March 31, 2015 did not increase the allowance for loan and lease losses for the three months ended March 31, 2015. The $6.0 million in specific allocations referenced above were associated with taxi medallion lending and were calculated based on the present value of estimated cash flows, including contractual debt interest service through maturity, and principal repayments based on the fair value of the collateral excluding any consideration for personal guarantees of borrowers, which provide an additional source of repayment but cannot be relied upon. The valuation per corporate medallion used for the calculation at March 31, 2016 was approximately $775,000. An additional $1.5 million specific allocation was required at March 31, 2016 due to a decline in the Company’s estimated valuation of taxi medallions at December 31, 2015, when the specific allocation was $4.5 million. The following table presents loans by class modified as troubled debt restructurings that occurred during the three months ended March 31, 2016 (dollars in thousands): Pre-Modification Post-Modification Outstanding Outstanding Number of Recorded Recorded Loans Investment Investment Troubled debt restructurings: Commercial 9 $ 9,555 $ 9,555 Commercial real estate - - - Commercial construction - - - Residential real estate - - - Consumer - - - Total 9 $ 9,555 $ 9,555 The increase in TDRs was primarily due to six loans secured by New York City taxi medallions totaling $8.0 million that were modified during the first quarter of 2016. Four of these modifications consisted of short-term extensions of the loans’ contractual maturity dates at the pre-existing contractual rate and two of these modifications interest rates decreased from approximately 3% to 1.3-1.6%. These six loans were accruing prior to modification, while five remained in accrual status post-modification. The troubled debt restructurings described above increased the allowance for loan and lease losses by $45 thousand during the three months ended March 31, 2016. There were no charge-offs in connection with a loan modification at the time of modification during the three months ended March 31, 2016. There were no troubled debt restructurings for which there was a payment default within twelve months following the modification during the three months ended March 31, 2016. There were no troubled debt restructurings occurring during the three months ended March 31, 2015. There were no charge-offs in connection with a loan modification at the time of modification during the three months ended March 31, 2015. There were no troubled debt restructurings for which there was a payment default within twelve months following the modification during the three months ended March 31, 2015.

Fair Value Measurements and Fai

Fair Value Measurements and Fair Value of Financial Instruments	3 Months Ended
	Mar. 31, 2016
Fair Value Disclosures [Abstract]
Fair Value Measurements and Fair Value of Financial Instruments	Note 7 - Fair Value Measurements and Fair Value of Financial Instruments Fair value is the exchange price that would be received for an asset or paid to transfer a liability (exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. There are three levels of inputs that may be used to measure fair value: FASB ASC 820-10-05 defines fair value, establishes a framework for measuring fair value, establishes a three-level valuation hierarchy for disclosure of fair value measurements and enhances disclosure requirements for fair value measurements. The valuation hierarchy is based upon the transparency of inputs to the valuation of an asset or liability as of the measurement date. FASB ASC 820-10-65 provides additional guidance for estimating fair value in accordance with FASB ASC 820-10-05 when the volume and level of activity for the asset or liability have significantly decreased. This ASC also includes guidance on identifying circumstances that indicate a transaction is not orderly. FASB ASC 820-10-05 establishes a fair value hierarchy that prioritizes the inputs to valuation methods used to measure fair value. 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 820-10-05 are as follows: Level 1: Level 2: Level 3: An asset’s or liability’s level within the fair value hierarchy is based on the lowest level of input that is significant to the fair value measurement. The following information should not be interpreted as an estimate of the fair value of the entire Company since a fair value calculation is only provided for a limited portion of the Company’s assets and liabilities. Due to a wide range of valuation techniques and the degree of subjectivity used in making the estimates, comparisons between the Company’s disclosures and those of other companies may not be meaningful. The following methods and assumptions were used to estimate the fair values of the Company’s assets measured at fair value on a recurring basis at March 31, 2016 and December 31, 2015: Securities Available-for-Sale Where quoted prices are available in an active market, securities are classified within Level 1 of the valuation hierarchy. Level 1 inputs include securities that have quoted prices in active markets for identical assets. If quoted market prices are not available, then fair values are estimated by using pricing models, quoted prices of securities with similar characteristics, or discounted cash flows. Examples of instruments, which would generally be classified within Level 2 of the valuation hierarchy include municipal bonds and certain agency collateralized mortgage obligations. In certain cases where there is limited activity in the market for a particular instrument, assumptions must be made to determine the fair value of the instruments and these are classified as Level 3. When measuring fair value, the valuation techniques available under the market approach, income approach and/or cost approach are used. The Company’s evaluations are based on market data and the Company employs combinations of these approaches for its valuation methods depending on the asset class. Derivatives The fair value of derivatives are based on valuation models using observable market data as of the measurement date (level 2). Our derivatives are traded in an over-the-counter market where quoted market prices are not always available. Therefore, the fair values of derivatives are determined using quantitative models that utilize multiple market inputs. The inputs will vary based on the type of derivative, but could include interest rates, prices and indices to generate continuous yield or pricing curves, prepayment rate, and volatility factors to value the position. The majority of market inputs are actively quoted and can be validated through external sources, including brokers, market transactions and third-party pricing services. Loans Held for Sale Loans held for sale are required to be measured at the lower of cost or fair value. Under FASB ASC 820-10-05, market value is to represent fair value. Management obtains quotes or bids on all or part of these loans directly from the purchasing financial institutions. Loans Receivable The fair value of performing loans, except residential mortgages, is calculated by discounting scheduled cash flows through the estimated maturity using estimated market discount rates that reflect the credit and interest rate risks inherent in the loan. The estimate of maturity is based on the historical experience of the Bank with prepayments for each loan classification, modified as required by an estimate of the effect of current economic and lending conditions. For performing residential mortgage loans, fair value is estimated by discounting contractual cash flows adjusted for prepayment estimates using discount rates based on secondary market sources adjusted to reflect differences in servicing and credit costs. Off-Balance Sheet Financial Instruments The fair value of commitments to extend credit is estimated using the fees currently charged to enter into similar agreements, taking into account the remaining terms of the agreements and the present creditworthiness of the counterparties. For fixed rate loan commitments, fair value also considers the difference between current levels of interest rate and the committed rates. The fair value of financial standby letters of credit is based on fees currently charged for similar agreements or on the estimated cost to terminate them or otherwise settle the obligations with the counterparties. Assets and Liabilities Measured at Fair Value on a Recurring Basis For financial assets and liabilities measured at fair value on a recurring basis, the fair value measurements by level within the fair value hierarchy used at March 31, 2016 and December 31, 2015 are as follows: March 31, 2016 Fair Value Measurements at Reporting Date Using Quoted Prices in Active Significant Markets for Other Significant Identical Observable Unobservable Assets Inputs Inputs (Level 1) (Level 2) (Level 3) (in thousands) Recurring fair value measurements: Assets Investment securities: Available-for-sale: Federal agency obligations $ 31,827 $ - $ 31,827 $ - Residential mortgage pass- through securities 48,545 - 48,545 - Commercial mortgage pass- through securities 3,053 - 3,053 - Obligations of U.S. states and political subdivision 9,806 - 9,806 - Trust preferred securities 16,179 - 16,179 - Corporate bonds and notes 41,388 - 41,388 - Asset-backed securities 18,154 - 18,154 - Certificates of deposit 1,516 - 1,516 - Equity securities 377 377 - - Other securities 20,486 20,486 - - Total available-for-sale $ 191,331 $ 20,863 $ 170,468 $ - Liabilities Derivatives $ 1,568 $ - $ 1,568 $ - Total liabilities $ 1,568 $ - $ 1,568 $ - There were no transfers between Level 1, Level 2 and Level 3 during the three months ended March 31, 2016. December 31, 2015 Fair Value Measurements at Reporting Date Using Quoted Prices in Active Significant Markets for Other Significant Identical Observable Unobservable Assets Inputs Inputs (Level 1) (Level 2) (Level 3) (in thousands) Recurring fair value measurements: Assets Investment securities: Available-for-sale: Federal agency obligations $ 29,146 $ - $ 29,146 $ - Residential mortgage pass- through securities 44,910 - 44,910 - Commercial mortgage pass- through securities 2,972 - 2,972 - Obligations of U.S. states and political subdivision 8,357 - 8,357 - Trust preferred securities 16,255 - 16,255 - Corporate bonds and notes 53,976 - 53,976 - Asset-backed securities 19,725 - 19,725 - Certificates of deposit 1,905 - 1,905 - Equity securities 374 374 - - Other securities 18,150 18,150 - - Total available-for-sale $ 195,770 $ 18,524 $ 177,246 $ - Liabilities Derivatives $ 131 $ - $ 131 $ - Total liabilities $ 131 $ - $ 131 $ - There were no transfers between Level 1, Level 2 and Level 3 during the year ended December 31, 2015. Assets Measured at Fair Value on a Non-Recurring Basis The Company may be required periodically to measure certain assets at fair value on a nonrecurring basis in accordance with GAAP. These adjustments to fair value usually result from the application of lower of cost or fair value accounting or impairment write-downs of individual assets. The Company primarily utilized appraisal value less cost to sell and other unobservable market inputs to determine fair value of assets, and therefore, these valuations are classified as a Level 3 measurement. For assets measured at fair value on a non-recurring basis, the fair value measurements at March 31, 2016 and December 31, 2015 are as follows: Impaired loans Valuation Techniques Range of Unobservable Inputs Commercial Appraisals of collateral value Adjustment for age of comparable sales, generally a decline of 0% to 15%. Adjustment for age of lease payments. Market capitalization rates between 4% and 8% Fair Value Measurements at Reporting Date Using Quoted Prices in Active Significant Markets for Other Significant Identical Observable Unobservable March 31, Assets Inputs Inputs Assets measured at fair value on a nonrecurring basis: 2016 (Level 1) (Level 2) (Level 3) Impaired loans (in thousands) Commercial $ 3,410 $ - $ - $ 3,410 Fair Value Measurements at Reporting Date Using Quoted Prices in Active Significant Markets for Other Significant Identical Observable Unobservable December 31, Assets Inputs Inputs Assets measured at fair value on a nonrecurring basis: 2015 (Level 1) (Level 2) (Level 3) Impaired loans (in thousands) Commercial $ 3,751 $ - $ - $ 3,751 The following methods and assumptions were used to estimate the fair values of the Company’s assets measured at fair value on a non-recurring basis at March 31, 2016 and December 31, 2015. Impaired loans Fair Value of Financial Instruments FASB ASC 825-10 requires all entities to disclose the estimated fair value of their financial instrument assets and liabilities. For the Company, as for most financial institutions, the majority of its assets and liabilities are considered financial instruments as defined in FASB ASC 825-10. Many of the Company’s financial instruments, however, lack an available trading market as characterized by a willing buyer and willing seller engaging in an exchange transaction. It is also the Company’s general practice and intent to hold its financial instruments to maturity and not to engage in trading or sales activities except for loans held-for-sale and investment securities available-for-sale. Therefore, significant estimations and assumptions, as well as present value calculations, were used by the Company for the purposes of this disclosure. Cash and cash equivalents. FHLB stock. Investment Securities Held-to-Maturity. Loans. Interest-Bearing Deposits Term Borrowings and Subordinated Debentures Accrued Interest Receivable/Payable. The following presents the carrying amount, fair value, and placement in the fair value hierarchy of the Company’s financial instruments as of March 31, 2016 and December 31, 2015. Fair Value Measurements Quoted Prices in Active Significant Markets for Other Significant Identical Observable Unobservable Carrying Fair Assets Inputs Inputs Amount Value (Level 1) (Level 2) (Level 3) (in thousands) March 31, 2016 Financial assets Cash and due from banks $ 118,259 $ 118,259 $ 118,259 $ - $ - Investment securities available-for-sale 191,331 191,331 20,863 170,468 - Investment securities held-to-maturity 219,373 229,470 30,413 180,553 18,504 Restricted investment in bank stocks 31,487 n/a n/a n/a n/a Net loans 3,234,739 3,242,398 - - 3,242,398 Accrued interest receivable 12,604 12,604 199 2,486 9,919 Financial liabilities Noninterest-bearing deposits 614,507 614,507 614,507 - - Interest-bearing deposits 2,278,564 2,285,918 - 2,285,918 - Borrowings 646,501 651,739 - 651,739 - Subordinated debentures, net 54,392 57,879 - 57,879 - Derivatives 1,568 1,568 - 1,568 - Accrued interest payable $ 5,101 $ 5,101 $ - $ 5,101 $ - December 31, 2015 Financial assets Cash and due from banks $ 200,895 $ 200,895 $ 200,895 $ - $ - Investment securities available-for-sale 195,770 195,770 18,524 177,246 - Investment securities held-to-maturity 224,056 230,558 29,226 182,774 18,558 Restricted investment in bank stocks 32,612 n/a n/a n/a n/a Net loans 3,072,435 3,059,343 - - 3,059,343 Accrued interest receivable 12,545 12,545 68 2,699 9,778 Financial liabilities Noninterest-bearing deposits 650,775 650,775 650,775 - - Interest-bearing deposits 2,140,191 2,137,149 - 2,137,149 - Borrowings 671,587 674,131 - 674,131 - Subordinated debentures, net 54,343 55,209 - 55,209 - Derivatives 131 131 - 131 - Accrued interest payable $ 4,387 $ 4,387 $ - $ 4,387 $ - The fair value of commitments to originate loans is estimated using the fees currently charged to enter into similar agreements, taking into account the remaining terms of the agreements and the present creditworthiness of the counterparties. For fixed-rate loan commitments, fair value also considers the difference between current levels of interest rates and the committed rates. The fair values of letters of credit and lines of credit are based on fees currently charged for similar agreements or on the estimated cost to terminate or otherwise settle the obligations with the counterparties at the reporting date. Changes in assumptions or estimation methodologies may have a material effect on these estimated fair values. The Company’s remaining assets and liabilities, which are not considered financial instruments, have not been valued differently than has been customary with historical cost accounting. No disclosure of the relationship value of the Company’s core deposit base is required by FASB ASC 825-10. Fair value estimates are based on existing balance sheet financial instruments, without attempting to estimate the value of anticipated future business and the value of assets and liabilities that are not considered financial instruments. For example, there are certain significant assets and liabilities that are not considered financial assets or liabilities, deferred taxes, premises and equipment, and goodwill. In addition, the tax ramifications related to the realization of the unrealized gains and losses can have a significant effect on fair value estimates and have not been considered in the estimates. Management believes that reasonable comparability between financial institutions may not be likely, due to the wide range of permitted valuation techniques and numerous estimates which must be made, given the absence of active secondary markets for many of the financial instruments. This lack of uniform valuation methodologies also introduces a greater degree of subjectivity to these estimated fair values.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Loss	3 Months Ended
	Mar. 31, 2016
Disclosure Text Block [Abstract]
Accumulated Other Comprehensive Loss	Note 8. Accumulated Other Comprehensive Loss Accumulated other comprehensive loss (net of tax) at March 31, 2016 and December 31, 2015 consisted of the following: March 31, December 31, 2016 2015 (in thousands) Net unrealized gain on investment securities available-for-sale $ 1,251 $ 713 Cash flow hedge (927) (77) Unamortized component of securities transferred from available-for-sale to held-to- maturity (1,142) (1,173) Defined benefit pension and post-retirement plans (4,012) (4,072) Total accumulated other comprehensive loss $ (4,830) $ (4,609)

Stock Based Compensation

Stock Based Compensation	3 Months Ended
	Mar. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock-Based Compensation	Note 9. Stock-Based Compensation The Company maintains three stock-based compensation plans from which new grants could be issued. The Company’s stock-based compensation plans permit Parent Corporation common stock to be issued to key employees and directors of the Company and its subsidiaries. Grants under the existing plans can be in the form of stock options (qualified or non-qualified), restricted shares, or performance units. Shares available for grant and issuance under the existing plans as of March 31, 2016 are as follows 68,516 under the 2009 Equity Incentive Plan and 235,090 shares under the North Jersey Community Bancorp 2009 Equity Compensation Plan. The Company intends to issue all shares under these plans in the form of newly issued shares. Restricted stock and option awards typically have a three-year vesting period starting one year after the date of grant with one-third vesting each year. The options generally expire ten years from the date of grant. Restricted stock awards granted to new employees and board members may be granted with shorter vesting periods. Grants of performance units typically have a cliff vesting after 3 years. All issuances are subject to forfeiture if the recipient leaves or is terminated prior to the awards vesting. Restricted shares have the same dividend and voting rights as common stock while options and performance units do not. All awards are issued at fair value of the underlying shares at the grant date. The Company expenses the cost of the awards, which is determined to be the fair market value of the awards at the date of grant, ratably over the vesting period. No options were granted during the three months ended March 31, 2016 or 2015. During the three months ended March 31, 2016 and 2015 a total of 71,920 and 48,507 restricted shares were awarded, respectively. The compensation expense related to restricted stock awards during the quarter ended March 31, 2016 was $182,000. During 2016 and 2015, the Company granted to various key employees performance unit awards, with each unit entitling the holder to one share of the Company’s common stock contingent upon the Company meeting or exceeding certain return on asset targets over the course of a three-year period commencing on the date of issuance. Under the agreement, and assuming the Company has met or exceeded the applicable targets, grants of performance unit awards will vest on the third anniversary of the grant date or on an earlier date in the event of a change in control, as defined in the agreement. At March 31, 2016, the specific number of shares related to performance unit awards that were expected to vest was 151,577, determined by actual performance in consideration of the established range of the performance targets, which is consistent with the level of expense currently being recognized over the vesting period. Should this expectation change, additional compensation expense could be recorded in future periods or previously recognized expense could be reversed. The maximum amount of performance unit awards is 181,892 shares. The total amount of compensation cost related to performance unit awards included in salary expense during the quarter ended March 31, 2016 and 2015 was $193,000 and $0, respectively. Option activity under the principal option plans as of March 31, 2016 and changes during the three months ended March 31, 2016 were as follows: Weighted- Average Weighted- Remaining Average Contractual Exercise Term Aggregate Shares Price (In Years) Intrinsic Value Outstanding at December 31, 2015 535,906 $ 6.48 Granted - - Exercised (5,495) 7.67 Forfeited/cancelled/expired (20,839) 9.77 Outstanding at March 31, 2016 509,572 $ 6.34 2.92 $ 5,102,923 Exercisable at March 31, 2016 503,941 $ 6.22 2.90 $ 5,071,354 Information related to stock option exercises during 2016: 2016 Intrinsic value of options exercised $ 54,326 Cash received from options exercised 42,171 Tax benefit realized from options exercised 17,114 Weighted average fair value of options granted - The aggregate intrinsic value of options above represents the total pre-tax intrinsic value (the difference between the Company’s closing stock price on March 31, 2016 and the exercise price, multiplied by the number of in-the-money options) that would have been received by the option holders had all option holders exercised their options on March 31, 2016. This amount changes based on the fair market value of the Parent Corporation’s stock. The below table represents information regarding restricted shares currently outstanding at March 31, 2016: Weighted- Average Nonvested Grant Date Shares Fair Value Nonvested at December 31, 2015 96,902 $ 16.81 Granted 71,920 15.88 Vested (54,648) 16.01 Forfeited/cancelled/expired (1,000) 19.58 Nonvested at March 31, 2016 113,174 $ 16.81 As of March 31, 2016, there was $1,806,000 of total unrecognized compensation cost related to nonvested restricted shares granted under the plans. The cost is expected to be recognized over a weighted average period of 24.0 months. The total fair value of shares vested during the quarter ended March 31, 2016, was $686,000. A summary of the status of unearned performance unit awards and the change during the period is presented in the table below: Weighted- Average Grant Date Shares Fair Value Unearned at December 31, 2015 94,485 $ 19.46 Awarded 64,540 17.15 Forfeited (7,447) 19.46 Expired - - Unearned at March 31, 2016 151,578 $ 19.46 At March 31, 2016, compensation cost of $2,198,000 related to nonvested awards not yet recognized is expected to be recognized over a weighted-average period of 2.3 years.

Components of Net Periodic Pens

Components of Net Periodic Pension Cost	3 Months Ended
	Mar. 31, 2016
Compensation and Retirement Disclosure [Abstract]
Components of Net Periodic Pension Cost	Note 10. Components of Net Periodic Pension Cost The Company maintained a non-contributory defined benefit pension plan for substantially all of its employees until March 31, 2007, at which time the Company froze the plan. The following table sets forth the net periodic pension cost of the Company’s pension plan for the periods indicated. Three Months Ended March 31, 2016 2015 Interest cost $ 128 $ 138 Expected return on plan assets (136) (137) Net amortization 102 108 Recognized settlement loss - 450 Total periodic pension expense $ 94 $ 559 Net actuarial gain $ (101) $ (742) Total recognized in other comprehensive income $ (101) $ (742) Total recognized in net periodic expense and other comprehensive income (before tax) $ (7) $ (183) Contributions As of March 31, 2016, The Company intended to contribute $2.0 million to its Pension Trust during the second quarter of 2016. (As intended, the company contributed $2.0 million to its Pension Trust in April 2016). The trust is established to provide retirement and other benefits for eligible employees and their beneficiaries. No part of the trust assets may be applied to any purpose other than providing benefits under the plan and for defraying expenses of administering the plan and the trust.

FHLB and other borrowings

FHLB and other borrowings	3 Months Ended
	Mar. 31, 2016
Debt Disclosure [Abstract]
FHLB and other borrowings	Note 11. FHLB and other borrowings The Company’s FHLB and other borrowings and weighted average interest rates are summarized below: March 31, 2016 December 31, 2015 Amount Rate Amount Rate (in thousands) By type of borrowing: FHLB borrowings $ 631,501 1.30 % $ 656,587 1.26 % Repurchase agreements ("REPO") 15,000 5.95 15,000 5.95 Total borrowings $ 646,501 1.41 $ 671,587 1.37 By remaining period to maturity: One year or less $ 330,501 0.64 270,587 0.64 One to two years 121,000 1.90 171,000 1.56 Two to three years 105,000 1.96 130,000 1.84 Three to four years 50,000 1.66 35,000 1.60 Four to five years 40,000 3.42 65,000 2.82 Total borrowings $ 646,501 1.41 % $ 671,587 1.37 % The FHLB borrowings are secured by pledges of certain collateral including, but not limited to, U.S. government and agency mortgage-backed securities and a blanket assignment of qualifying first lien mortgage loans, consisting of both residential mortgages and commercial real estate loans. The Company has entered into agreements under which it has sold securities subject to an obligation to repurchase the same or similar securities. Under these arrangements, the Company may transfer legal control over the assets but still retain effective control through an agreement that both entitles and obligates the Company to repurchase the assets. The obligation to repurchase the securities is reflected as a liability in the Company’s consolidated statement of condition, while the securities underlying the securities sold under agreements to repurchase remain in the respective asset accounts and are delivered to and held as collateral by third party trustees. Three of the FHLB notes ($2,500,000 and $7,500,000 each due April 2, 2018, and $5,000,000 due July 16, 2018) contain a convertible option which allows the FHLB, at quarterly intervals, to convert the fixed convertible advance into replacement funding for the same or lesser principal based on any advance then offered by the FHLB at its current market rate. The Company has the option to repay these advances, if converted, without penalty. The remaining advances are payable at stated maturity, with a prepayment penalty for fixed rate advances. All FHLB advances are fixed rate while the REPOs are variable rate advances. The advances at March 31, 2016 were collateralized by approximately $1.2 billion of commercial mortgage loans, net of required over-collateralization amounts, under a blanket lien arrangement. At March 31, 2016 the Company had remaining borrowing capacity of approximately at FHLB of approximately $594 million.

Securities Sold under Agreement

Securities Sold under Agreements to Repurchase	3 Months Ended
	Mar. 31, 2016
Securities Sold under Agreements to Repurchase [Abstract]
Securities Sold under Agreements to Repurchase	Note 12 – Securities Sold under Agreements to Repurchase Repurchase agreements are secured borrowings. The Company pledges investment securities to secure those borrowings. Information concerning repurchase agreements is summarized as follows for the periods presented: March 31, December 31, March 31, (dollars in thousands) 2016 2015 2015 Average daily balance during the year-to-date $ 15,000 $ 22,890 $ 31,000 Average interest rate during the year-to-date 5.95% 5.92% 5.90% Maximum month-end balance during the year-to-date $ 15,000 $ 31,000 $ 31,000% Weighted average interest rate during the year-to-date 5.95% 5.92% 5.90% The table below shows the remaining contractual maturity of agreement by fair value of collateral pledged: March 31, 2016 Remaining Contractual Maturity of the Agreements Overnight and Up to 30 Greater Than (dollars in thousands) Continuous Days 30-90 Days 90 Days Total Repurchase agreements and Repurchase-to-maturity transactions U.S. Treasury and agency securities $ - $ - $ - $ 5,069 $ 5,069 Residential mortgage pass-through securities - - - 14,849 14,849 Total Borrowings $ - $ - $ - $ 19,918 $ 19,918 Amounts related to agreements not included in offsetting disclosure in Note 14 $ 4,918 December 31, 2015 Remaining Contractual Maturity of the Agreements Overnight and Up to 30 Greater Than (dollars in thousands) Continuous Days 30-90 Days 90 Days Total Repurchase agreements and Repurchase-to-maturity transactions U.S. Treasury and agency securities $ - $ - $ - $ 6,313 $ 6,313 Residential mortgage pass-through securities - - - 12,589 12,589 Total Borrowings $ - $ - $ - $ 18,902 $ 18,902 Amounts related to agreements not included in offsetting disclosure in Note 14 $ 3,902 The fair value of securities pledged to secure repurchase agreement may decline. The Company manages this risk by having a policy to pledge securities valued at 8% above the gross outstanding balance of repurchase agreement. Securities sold under agreements to repurchase are secured by securities with a carrying amount of $19.1 million and $18.8 million at March 31, 2016 and December 31, 2015.

Subordinated Debentures

Subordinated Debentures	3 Months Ended
	Mar. 31, 2016
Subordinated Borrowings [Abstract]
Subordinated Debentures	Note 13 - Subordinated Debentures During 2003, the Company formed a statutory business trust, which exists for the exclusive purpose of (i) issuing Trust Securities representing undivided beneficial interests in the assets of the Trust; (ii) investing the gross proceeds of the Trust securities in junior subordinated deferrable interest debentures (subordinated debentures) of the Company; and (iii) engaging in only those activities necessary or incidental thereto. On December 19, 2003, Center Bancorp Statutory Trust II, a statutory business trust and wholly-owned subsidiary of the Parent Corporation issued $5.0 million of MMCapS capital securities to investors due on January 23, 2034. The capital securities presently qualify as Tier I capital. The trust loaned the proceeds of this offering to the Company and received in exchange $5.2 million of the Parent Corporation’s subordinated debentures. The subordinated debentures are redeemable in whole or in part prior to maturity. The floating interest rate on the subordinate debentures is three-month LIBOR plus 2.85% and reprices quarterly. The rate at March 31, 2016 was 3.47%. These subordinated debentures and the related income effects are not eliminated in the consolidated financial statements as the statutory business trust is not consolidated in accordance with FASB ASC 810-10. Distributions on the subordinated debentures owned by the subsidiary trust have been classified as interest expense in the Consolidated Statements of Income. The following table summarizes the mandatory redeemable trust preferred securities of the Company’s Statutory Trust II at March 31, 2016 and December 31, 2015. Securities Redeemable by Issuance Date Issued Liquidation Value Coupon Rate Maturity Issuer Beginning 12/19/2003 $ 5,000,000 $1,000 per Capital Floating 3-month 01/23/2034 01/23/2009 Security LIBOR + 285 Basis Points During June 2015, the Parent Corporation issued $50 million in aggregate principal amount of fixed-to-floating rate subordinated notes (the “Notes”) to certain institutional investors. The Notes are non-callable for five years, have a stated maturity of July 1, 2025, and bear interest at a fixed rate of 5.75% per year, from and including June 30, 2015 to, but excluding July 1, 2020. From and including July 1, 2020 to the maturity date or early redemption date, the interest rate will reset quarterly to a level equal to the then current three-month LIBOR rate plus 393 basis points. As of March 31, 2016, unamortized costs related to the debt issuance were $763,000. The net proceeds from the sale of the Notes were used by the Parent Corporation to contribute $35.0 million of common equity to the Bank on June 30, 2015, and to repay, on March 11, 2016, $11.25 million of SBLF preferred issued to the U.S. Treasury. Remaining funds will be used for general corporate purposes. In connection with the issuance of the Notes, the Parent Corporation obtained ratings from Kroll Bond Rating Agency (“KBRA”). KBRA assigned investment grade ratings of BBB- for the Company’s subordinated debt and a senior deposit rating of BBB+ for the Bank.

Offsetting Assets and Liabiliti

Offsetting Assets and Liabilities	3 Months Ended
	Mar. 31, 2016
Offsetting [Abstract]
Offsetting Assets and Liabilities	Note 14 – Offsetting Assets and Liabilities Certain financial instrument-related assets and liabilities may be eligible for offset on the consolidated statements of condition because they are subject to master netting agreements or similar agreements. However, the Company does not elect to offset such arrangements on the consolidated financial statements. The Company enters into interest rate swap agreements with financial institution counterparties. For additional detail regarding interest rate swap agreements refer to Footnote 5 within this section. In the event of default on, or termination of, any one contract, both parties have the right to net settle multiple contracts. Also, certain interest rate swap agreements may require the Company to receive or pledge cash or financial instrument collateral based on the contract provisions. The Company also entered into an agreement to sell securities subject to an obligation to repurchase the same or similar securities, referred to as a repurchase agreement. Under this agreement, the Company may transfer legal control over the assets but still retain effective control through an agreement that both entitles and obligates the Company to repurchase the assets. The obligation to repurchase the securities is reflected as a liability in the Company’s consolidated statement of condition, while the securities underlying the repurchase agreements remain in the respective investment securities account, therefore there is no offsetting or netting of the investment securities assets with the repurchase agreement liability. The following table presents information about financial instruments that are eligible for offset as of March 31, 2016 and December 31, 2015: Gross Amounts Not Offset Gross Amounts Net Amounts Cash or Offset in the of Assets Presented in the Financial Financial Gross Amounts Statement of Statement of Financial Instruments Instrument Net Recognized Financial Position Position Recognized Collateral Amount (in thousands) March 31, 2016 Assets: Interest rate swaps $ — $ — $ — $ — $ — $ — Liabilities: Interest rate swaps $ 1,568 $ — $ 1,568 $ — $ 1,568 $ — Repurchase agreements 15,000 — 15,000 — 15,000 — Total $ 16,568 $ — $ 16,568 $ — $ 16,568 $ — December 31, 2015 Assets: Interest rate swaps $ 48 $ — $ — $ — $ — $ — Liabilities: Interest rate swaps $ 131 $ — $ 131 $ — $ 131 $ — Repurchase agreements 15,000 — 15,000 — 15,000 — Total $ 15,131 $ — $ 15,131 $ — $ 15,131 $ —

Presentation of Debt Issuance C

Presentation of Debt Issuance Costs	3 Months Ended
	Mar. 31, 2016
Presentation Of Debt Issuance Costs
Presentation of Debt Issuance Costs	Note 15 – Presentation of Debt Issuance Costs As of January 1, 2016, the Company adopted Accounting Standards Update (“ASU”) No. 2015-03 “Simplifying the Presentation of Debt Issuance Costs,” which requires that debt issuance costs be presented in the consolidated statement of condition as a direct deduction from the carrying amount of debt liability. This ASU is required to be applied retrospectively to all periods presented. The following table summarizes the impact of retrospective application to the consolidated statement of condition for the year ended December 31, 2015: December 31, (dollars in thousands) 2015 Other assets As previously reported $ 24,908 As reported under the new guidance 24,096 Total assets As previously reported $ 4,016,721 As reported under the new guidance 4,015,909 Subordinated debentures As previously reported $ 55,155 As reported under the new guidance 54,343 Total liabilities As previously reported $ 3,539,377 As reported under the new guidance 3,538,565

New Authoritative Accounting 24

New Authoritative Accounting Guidance (Policies)	3 Months Ended
	Mar. 31, 2016
Accounting Changes and Error Corrections [Abstract]
New Authoritative Accounting Guidance	ASU No. 2014-12, "Accounting for Share-Based Payments When the Terms of an Award Provide That a Performance Target Could Be Achieved after the Requisite Service Period ("ASU 2014-12"). ASU 2014-12 requires that a performance target that affects vesting, and that could be achieved after the requisite service period, be treated as a performance condition. As such, the performance target should not be reflected in estimating the grant date fair value of the award. This update further clarifies that compensation cost should be recognized in the period in which it becomes probable that the performance target will be achieved and should represent the compensation cost attributable to the period(s) for which the requisite service has already been rendered. The Company adopted ASU 2014-12 effective on January 1, 2016 and is not expected to have a significant impact on the Company's consolidated financial statements. ASU No. 2015-03, "Interest-Imputation of Interest (Subtopic 835-30) Simplifying the Presentation of Debt Issuance Costs" requires that debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability, consistent with debt discounts. The recognition and measurement guidance for debt issuance costs are not affected by the amendments in the ASU No. 2015-03. The Company adopted ASU 2015-03 effective on January 1, 2016 and is not expected to have a significant impact on the Company's consolidated financial statements. ASU No. 2015-12, "Plan Accounting: Defined Benefit Pension Plans (Topic 960): Defined Contribution Pension Plans, (Topic 962): Health and Welfare Benefit Plans, (Topic 965): (Part I) Fully Benefit-Responsive Investment Contracts, (Part II) Plan Investment Disclosures, (Part III) Measurement Date Practical Expedient." ASU No. 2015-12 simplifies accounting for employee benefit plans as follows: (i) fully benefit-responsive investment contracts are now to be measured, presented and disclosed at contract value, (ii) the requirement to disclose investments that represent 5 percent or more of net assets available for benefits has been eliminated, (iii) the net appreciation or depreciation in investments for the period should be presented in the aggregate, but is no longer required to be disaggregated and disclosed by general type, (iv) if an investment is measured using the net asset value per share (or its equivalent) practical expedient in Topic 820, and that investment is in a fund that files a U.S. Department of Labor Form 5500, Annual Return/Report of Employee Benefit Plan, as a direct filing entity, disclosure of that investment’s strategy is no longer required, and (v) allows employers to measure (as a practical expedient) benefit plan assets on a month-end date nearest to the employer’s fiscal year end when the fiscal period does not coincide with a month end. ASU No. 2015-12 is effective for the Company on ASU No. 2016-02, “Leases (Topic 842)” requires the recognition of a right of use asset and related lease liability by lessees for leases classified as operating leases under current GAAP. Topic 842, which replaces the current guidance under Topic 840, retains a distinction between finance leases and operating leases. The recognition, measurement, and presentation of expenses and cash flows arising from a lease by a lessee also will not significantly change from current GAAP. For leases with a term of 12 months or less, a lessee is permitted to make an accounting policy election by class of underlying asset not to recognize right of use assets and lease liabilities. Topic 842 will be effective for the Company for reporting periods beginning January 1, 2019, with an early adoption permitted. The Company must apply a modified retrospective transition approach for the applicable leases existing at, or entered into after, the beginning of the earliest comparative period presented in the financial statements. The modified retrospective approach would not require any transition accounting for leases that expired before the earliest comparative period presented. Management is currently evaluating the impact of Topic 842 on the Company’s consolidated financial statements.

Earnings per Common Share (Tabl

Earnings per Common Share (Tables)	3 Months Ended
	Mar. 31, 2016
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Three Months Ended March 31, (in thousands, except for per share data) 2016 2015 Net income $ 10,391 $ 10,379 Preferred stock dividends (22) (28) Net income available to common stockholders $ 10,369 $ 10,351 Basic weighted average common shares outstanding 29,996 29,757 Effect of dilutive options 262 392 Diluted weighted average common shares outstanding 30,258 30,149 Earnings per common share: Basic $ 0.35 $ 0.35 Diluted $ 0.34 $ 0.34

Investment Securities (Tables)

Investment Securities (Tables)	3 Months Ended
	Mar. 31, 2016
Investments, Debt and Equity Securities [Abstract]
Unrealized Gain (Loss) on Investments [Table Text Block]	The following tables present information related to the Company’s investment securities at March 31, 2016 and December 31, 2015 (dollars in thousands): Gross Gross Amortized Unrealized Unrealized Fair March 31, 2016 Cost Gains Losses Value Investment securities available-for-sale Federal agency obligations $ 31,370 $ 486 $ (29) $ 31,827 Residential mortgage pass-through securities 47,404 1,162 (21) 48,545 Commercial mortgage pass-through securities 2,965 88 - 3,053 Obligations of U.S. states and political subdivisions 9,642 164 - 9,806 Trust preferred securities 16,089 440 (350) 16,179 Corporate bonds and notes 40,771 873 (256) 41,388 Asset-backed securities 18,682 - (528) 18,154 Certificates of deposit 1,496 20 - 1,516 Equity securities 376 29 (28) 377 Other securities 20,490 84 (88) 20,486 Total securities available-for-sale $ 189,285 $ 3,346 $ (1,300) $ 191,331 Gross Gross Amortized Unrecognized Unrecognized Fair Cost Gains Losses Value Investment securities held-to-maturity U.S. Treasury and agency securities $ 28,523 $ 1,890 $ - $ 30,413 Federal agency obligations 31,567 700 (8) 33,259 Residential mortgage-backed securities 3,489 28 (15) 3,502 Commercial mortgage-backed securities 1,317 30 - 1,347 Obligations of U.S. states and political divisions 117,416 6,208 - 123,624 Corporate bonds and notes 37,061 1,396 (132) 38,325 Total securities held-to-maturity $ 219,373 $ 10,252 $ (155) $ 229,470 Total investment securities $ 408,658 $ 13,598 $ (1,455) $ 420,801 Gross Gross Amortized Unrealized Unrealized Fair December 31, 2015 Cost Gains Losses Value Investment securities available-for-sale Federal agency obligations $ 29,062 $ 142 $ (58) $ 29,146 Residential mortgage pass-through securities 44,155 803 (48) 44,910 Commercial mortgage pass-through securities 2,981 - (9) 2,972 Obligations of U.S. states and political subdivisions 8,188 169 - 8,357 Trust preferred securities 16,088 398 (231) 16,255 Corporate bonds and notes 53,566 702 (292) 53,976 Asset-backed securities 20,005 18 (298) 19,725 Certificates of deposit 1,895 18 (8) 1,905 Equity securities 376 21 (23) 374 Other securities 18,303 - (153) 18,150 Total securities available-for-sale $ 194,619 $ 2,271 $ (1,120) $ 195,770 Gross Gross Amortized Unrecognized Unrecognized Fair Cost Gains Losses Value Investment securities held-to-maturity U.S. Treasury and agency securities $ 28,471 $ 755 $ - $ 29,226 Federal agency obligations 33,616 280 (119) 33,777 Residential mortgage-backed securities 3,805 11 (6) 3,810 Commercial mortgage-backed securities 4,110 27 (2) 4,135 Obligations of U.S. states and political divisions 118,015 5,001 (3) 123,013 Corporate bonds and notes 36,039 719 (161) 36,597 Total securities held-to-maturity $ 224,056 $ 6,793 $ (291) $ 230,558 Total investment securities $ 418,675 $ 9,064 $ (1,411) $ 426,328
Investments Classified by Contractual Maturity Date [Table Text Block]	The following table presents information for investment securities at March 31, 2016, based on scheduled maturities. Actual maturities can be expected to differ from scheduled maturities due to prepayment or early call options of the issuer. March 31, 2016 Amortized Fair Cost Value (in thousands) Investment securities available-for-sale Due in one year or less $ 10,948 $ 10,967 Due after one year through five years 15,800 16,287 Due after five years through ten years 37,582 37,795 Due after ten years 53,720 58,821 Residential mortgage pass-through securities 47,404 48,545 Commercial mortgage pass-through securities 2,965 3,053 Equity securities 376 377 Other securities 20,490 20,486 Total $ 189,285 $ 191,331 Investment securities held-to-maturity Due in one year or less $ 1,000 $ 1,000 Due after one year through five years 14,561 14,907 Due after five years through ten years 85,428 90,182 Due after ten years 113,578 118,532 Residential mortgage pass-through securities 3,489 3,502 Commercial mortgage pass-through securities 1,317 1,347 Total $ 219,373 $ 229,470 Total investment securities $ 408,658 $ 420,801
Schedule of Realized Gain (Loss) [Table Text Block]	Gross gains and losses from the sales, calls and maturities of investment securities for the three months ended March 31, 2016 and 2015 were as follows: Three Months Ended March 31, (in thousands) 2016 2015 Proceeds $ - $ 9,537 Gross gains on sales of investment securities - 506 Gross losses on sales of investment securities - - Net gains on sales of investment securities - 506 Less: tax provision on net gains - 207 Total $ - $ 299
Schedule of Unrealized Loss on Investments [Table Text Block]	The following tables indicate gross unrealized losses not recognized in income and fair value, aggregated by investment category and the length of time individual securities have been in a continuous unrealized loss position at March 31, 2016 and December 31, 2015: March 31, 2016 Total Less than 12 Months 12 Months or Longer Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses (in thousands) Investment securities available-for-sale Federal agency obligation $ 7,070 $ (29) $ 6,836 $ (28) $ 234 $ (1) Residential mortgage pass-through securities 7,173 (21) 6,679 (14) 494 (7) Trust preferred securities 1,227 (350) - - 1,227 (350) Corporate bonds and notes 15,553 (256) 11,727 (118) 3,826 (138) Asset-backed securities 18,154 (528) 14,825 (417) 3,329 (111) Equity securities 117 (28) - - 117 (28) Other securities 5,412 (88) - - 5,412 (88) Total $ 54,706 $ (1,300) $ 40,067 $ (577) $ 14,639 $ (723) Investment securities held-to-maturity Federal agency obligation $ 4,161 $ (8) $ 2,300 $ (6) $ 1,861 $ (2) Residential mortgage pass-through securities 1,920 (15) 1,920 (15) - - Corporate bonds and notes 2,632 (131) 2,632 (131) - - Total $ 8,713 $ (154) $ 6,852 $ (152) $ 1,861 $ (2) Total temporarily impaired securities $ 63,419 $ (1,454) $ 46,919 $ (729) $ 16,500 $ (725) December 31, 2015 Total Less than 12 Months 12 Months or Longer Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses (dollars in thousands) Investment Securities Available-for-Sale: Federal agency obligation $ 12,260 $ (58) $ 12,013 $ (54) $ 247 $ (4) Residential mortgage pass-through securities 9,027 (48) 9,027 (48) — — Commercial mortgage-backed securities 2,971 (9) 2,971 (9) — — Trust preferred securities 1,345 (231) — — 1,345 (231) Corporate bonds and notes 16,533 (292) 12,702 (161) 3,831 (131) Asset-backed securities 14,745 (298) 11,250 (188) 3,495 (110) Certificates of deposit 215 (8) 215 (8) — — Equity securities 123 (23) — — 123 (23) Other securities 5,347 (153) — — 5,347 (153) Total $ 62,566 $ (1,120) $ 48,178 $ (468) $ 14,388 $ (652) Investment Securities Held-to-Maturity: Federal agency obligation 12,554 (119) 11,783 (109) 771 (10) Residential mortgage pass-through securities 2,480 (6) 2,480 (6) — — Commercial mortgage-backed securities 1,331 (2) 1,331 (2) — — Obligations of U.S. states and political subdivisions 981 (3) 981 (3) — — Corporate bonds and notes 5,536 (161) 5,536 (161) — — Total $ 22,882 $ (291) $ 22,111 $ (281) $ 771 $ (10) Total Temporarily Impaired Securities $ 85,448 $ (1,411) $ 70,289 $ (749) $ 15,159 $ (662)

Derivatives (Tables)

Derivatives (Tables)	3 Months Ended
	Mar. 31, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Interest Rate Derivatives [Table Text Block]	Summary information about the interest rate swaps designated as cash flow hedges as of March 31, 2016, December 31, 2015 and March 31, 2015 are presented in the following table. March 31, December 31, March 31, (dollars in thousands) 2016 2015 2015 Notional amount $ 75,000 $ 75,000 $ 50,000 Weighted average pay rates 1.57% 1.56% 1.58% Weighted average receive rates 0.56% 0.44% 0.24% Weighted average maturity 3.6 years 3.8 years 4.2 years Fair value $ (1,568) $ (131) $ (486)
Schedule of Cash Flow Hedges Included in Accumulated Other Comprehensive Income (Loss) [Table Text Block]	The following table presents the net gains (losses), recorded in other comprehensive income and the Consolidated Statements of Income relating to the cash flow derivative instruments for the following periods: Three Months Ended March 31, 2016 Amount of loss recognized in other Amount of loss Non- recognized Amount of loss interest in OCI reclassified income (Effective from OCI to interest (Ineffective (in thousands) Portion) income Portion) Interest rate contracts $ (1,437) $ - $ - Three Months Ended March 31, 2015 Amount of loss recognized in other Amount of loss non- recognized Amount of loss interest in OCI reclassified income (effective from OCI to interest (ineffective (in thousands) Portion) income portion) Interest rate contracts $ (534) $ - $ -
Schedule of Cash Flow Hedging Instruments, Statements of Financial Performance and Financial Position, Location [Table Text Block]	The following table reflects the cash flow hedges included in the consolidated statements of condition as of March 31, 2016 and December 31, 2015: 2016 2015 Notional Notional (in thousands) Amount Fair Value Amount Fair Value Included in other assets/(liabilities): Interest rate swaps related to FHLB Advances $ 75,000 $ (1,568) $ 75,000 $ (131)

Loans and the Allowance for L28

Loans and the Allowance for Loan and Lease Losses (Tables)	3 Months Ended
	Mar. 31, 2016
Receivables [Abstract]
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]	The following table sets forth the composition of the Company’s loan portfolio, including net deferred loan fees, at March 31, 2016 and December 31, 2015: March 31, December 31, 2016 2015 (in thousands) Commercial $ 601,708 $ 570,116 Commercial real estate 2,028,301 1,966,696 Commercial construction 402,594 328,838 Residential real estate 231,319 233,690 Consumer 1,851 2,454 Gross loans 3,265,773 3,101,794 Net deferred loan fees (1,960) (2,787) Total loans receivable $ 3,263,813 $ 3,099,007
Loans and Leases Receivable Purchase Credit Impaired Loans [Table Text Block]	The carrying amount of those loans is as follows at March 31, 2016 and December 31, 2015. March 31, December 31, 2016 2015 (in thousands) Commercial $ 7,059 $ 7,078 Commercial real estate 1,745 1,775 Residential real estate 334 328 Total carrying amount $ 9,138 $ 9,181
Loans and Leases Receivable Purchased Loans [Table Text Block]	The accretable yield, or income expected to be collected, on the purchased loans disclosed above for the three months ended March 31, 2016 is as follows (in thousands): Three Months Three Months Ended March Ended March 31, 2016 31, 2015 Beginning balance $ 3,599 $ 4,805 New loans purchased - - Accretion of income (183) (54) Reclassification from nonaccretable differences - - Disposals - - Ending balance $ 3,416 $ 4,751
Schedule of Financing Receivables, Non Accrual Status [Table Text Block]	The following table presents information about the recorded investment in loan receivables on nonaccrual status by segment at March 31, 2016 and December 31, 2015: Loans Receivable on Nonaccrual Status March 31, December 31, 2016 2015 (in thousands) Commercial $ 7,239 $ 6,586 Commercial real estate 8,841 9,112 Commercial construction 1,636 1,479 Residential real estate 3,734 3,559 Total loans receivable on nonaccrual status $ 21,450 $ 20,736
Financing Receivable Credit Quality Indicators [Table Text Block]	The following table presents information, excluding net deferred loan fees, about the Company’s loan credit quality at March 31, 2016 and December 31, 2015: March 31, 2016 Special Pass Mention Substandard Doubtful Total (in thousands) Commercial $ 494,413 $ 6,976 $ 100,319 $ - $ 601,708 Commercial real estate 1,979,211 17,820 31,270 - 2,028,301 Commercial construction 400,131 827 1,636 - 402,594 Residential real estate 226,879 - 4,440 - 231,319 Consumer 1,770 - 81 - 1,851 Total loans $ 3,102,404 $ 25,623 $ 137,746 $ - $ 3,265,773 December 31, 2015 Special Pass Mention Substandard Doubtful Total (in thousands) Commercial $ 462,358 $ 11,760 $ 95,998 $ - $ 570,116 Commercial real estate 1,919,041 18,990 28,426 239 1,966,696 Commercial construction 326,697 662 1,479 - 328,838 Residential real estate 229,426 - 4,264 - 233,690 Consumer 2,368 - 86 - 2,454 Total loans $ 2,939,890 $ 31,412 $ 130,253 $ 239 $ 3,101,794
Impaired Financing Receivables [Table Text Block]	The following table provides an analysis of the impaired loans, by loan segment, at March 31, 2016 and December 31, 2015: March 31, 2016 Unpaid Recorded Principal Related Investment Balance Allowance No related allowance recorded (in thousands) Commercial $ 3,320 $ 3,625 Commercial real estate 15,271 15,202 Commercial construction 2,466 2,538 Residential real estate 4,123 4,532 Consumer 81 81 Total $ 25,261 $ 25,978 With an allowance recorded Commercial $ 91,928 $ 91,851 $ 7,677 Total Commercial $ 95,248 $ 95,476 $ 7,677 Commercial real estate 15,271 15,202 - Commercial construction 2,466 2,538 - Residential real estate 4,123 4,532 - Consumer 81 81 - Total $ 117,189 $ 117,829 $ 7,677 December 31, 2015 Unpaid Recorded Principal Related Investment Balance Allowance No related allowance recorded (in thousands) Commercial $ 610 $ 645 Commercial real estate 15,517 16,512 Commercial construction 2,149 2,141 Residential real estate 3,954 4,329 Consumer 87 86 Total $ 22,317 $ 23,713 With an allowance recorded Commercial $ 84,787 $ 84,449 $ 6,725 Total Commercial $ 85,397 $ 85,094 $ 6,725 Commercial real estate 15,517 16,512 - Commercial construction 2,149 2,141 - Residential real estate 3,954 4,329 - Consumer 87 86 - Total $ 107,104 $ 108,162 $ 6,725
Schedule of Average Balance and Interest Income Recognized on Impaired Loans [Table Text Block]	The following table provides an analysis related to the average recorded investment and interest income recognized on impaired loans by segment as of and for the three and nine months ended March 31, 2016 and 2015 (in thousands): Three Months Ended March 31, 2016 2015 Average Interest Average Interest Recorded Income Recorded Income Investment Recognized Investment Recognized Impaired loans with no related allowance recorded Commercial $ 2,591 $ 24 $ 290 $ - Commercial real estate 15,274 25 6,052 19 Commercial construction 2,307 16 - - Residential real estate 4,107 5 3,613 2 Consumer 84 1 106 1 Total $ 24,363 $ 71 $ 10,061 $ 22 Impaired loans with an allowance recorded Commercial $ 83,759 $ 737 $ 387 $ - Commercial real estate - - 6,335 - Total $ 83,759 $ 737 $ 6,722 $ - Total impaired loans Commercial $ 86,350 $ 761 $ 677 $ - Commercial real estate 15,274 25 12,387 19 Commercial construction 2,307 16 Residential real estate 4,107 5 3,613 2 Consumer 84 1 106 1 Total $ 108,122 $ 808 $ 16,783 $ 22
Past Due Financing Receivables [Table Text Block]	The following table provides an analysis of the aging of the recorded investment of loans, excluding net deferred loan fees that are past due at March 31, 2016 and December 31, 2015 by segment: Aging Analysis March 31, 2016 Loans Receivable 90 90 Days or Days or Greater 30-59 Days 60-89 Days Greater Past Total Past Total Loans Past Due and Past Due Past Due Due Due Current Receivable Accruing (in thousands) Commercial $ 5,539 $ - $ 12,409 $ 17,948 $ 583,760 $ 601,708 $ 5,250 Commercial real estate 5,408 - 10,027 15,435 2,012,866 2,028,301 1,382 Commercial construction 1,750 - - 1,750 400,844 402,594 - Residential real estate 1,741 380 2,746 4,867 226,452 231,319 - Consumer 2 - - 2 1,849 1,851 Total $ 14,440 $ 380 $ 25,181 $ 40,002 $ 3,225,771 $ 3,265,773 $ 6,632 December 31, 2015 Loans Receivable 90 90 Days or Days or Greater 30-59 Days 60-89 Days Greater Past Total Past Total Loans Past Due and Past Due Past Due Due Due Current Receivable Accruing (in thousands) Commercial $ 6,887 $ 3,505 $ 6,865 $ 17,257 $ 552,859 $ 570,116 $ - Commercial real estate 1,998 988 9,561 12,547 1,954,149 1,966,696 - Commercial construction - - 1,479 1,479 327,359 328,838 - Residential real estate - - 2,122 2,122 231,568 233,690 - Consumer 4 9 - 13 2,441 2,454 - Total $ 8,889 $ 4,502 $ 20,027 $ 33,418 $ 3,068,376 $ 3,101,794 $ -
Schedule of Recorded Investment in Financing Receivables [Table Text Block]	The following table details, at the period presented, the amount of loans receivable that are evaluated individually, and collectively, for impairment (excluding net deferred loan fees), those acquired with deteriorated quality, and the related portion of the allowance for loan and lease losses that are allocated to each loan portfolio segment: March 31, 2016 Commercial Commercial Residential Commercial real estate construction real estate Consumer Unallocated Total (in thousands) Allowance for loan and lease losses Individually evaluated for impairment $ 7,677 $ - $ - $ - $ - $ - $ 7.677 Collectively evaluated for impairment 5,420 10,941 3,617 1,074 4 341 21,397 Acquired with deteriorated credit quality - - - - - - - Total $ 13,097 $ 10,941 $ 3,617 $ 1,074 $ 4 $ 341 $ 29,074 Gross loans Individually evaluated for impairment $ 95,248 $ 15,271 $ 2,466 $ 4,123 $ 81 $ - $ 117,189 Collectively evaluated for impairment 499,401 2,011,285 400,128 226,862 1,770 - 3,139,446 Acquired with deteriorated credit quality 7,059 1,745 - 334 - - 9,138 Total $ 601,708 $ 2,028,301 $ 402,594 $ 231,319 $ 1,851 $ - $ 3,265,773 The following table details the amount of gross loans that are evaluated individually, and collectively, for impairment (excluding net deferred costs), those acquired with deteriorated quality, and the related portion of the allowance for loan and lease loss that is allocated to each loan portfolio class: December 31, 2015 Commercial Commercial Residential Commercial real estate construction real estate Consumer Unallocated Total (in thousands) Allowance for loan and lease losses Individually evaluated for impairment $ 6,725 $ - $ - $ - $ - $ - $ 6,725 Collectively evaluated for impairment 4,224 10,926 3,253 976 4 464 19,847 Acquired with deteriorated credit quality - - - - - - - Total $ 10,949 $ 10,926 $ 3,253 $ 976 $ 4 $ 464 $ 26,572 Gross loans Individually evaluated for impairment $ 85,397 $ 15,517 $ 2,149 $ 3,954 $ 87 $ - $ 107,104 Collectively evaluated for impairment 477,641 1,949,404 326,689 229,408 2,367 - 2,985,509 Acquired with deteriorated credit quality 7,078 1,775 - 328 - - 9,181 Total $ 570,116 $ 1,966,696 $ 328,838 $ 233,690 $ 2,454 $ - $ 3,101,794
Allowance for Credit Losses on Financing Receivables [Table Text Block]	A summary of the activity in the allowance for loan and lease losses is as follows: Three Months Ended March 31, 2016 Commercial Commercial Residential Commercial real estate construction real estate Consumer Unallocated Total (in thousands) Balance at December 31, 2015 $ 10,949 $ 10,926 $ 3,253 $ 976 $ 4 $ 464 $ 26,572 Charge-offs (445) - - (67) - - (512) Recoveries 1 13 - - - - 14 Provision 2,592 2 364 165 - (123) 3,000 Balance at March 31, 2016 $ 13,097 $ 10,941 $ 3,617 $ 1,074 $ 4 $ 341 $ 29,074 Three Months Ended March 31, 2015 Commercial Commercial Residential Commercial real estate construction real estate Consumer Unallocated Total (in thousands) Balance at December 31, 2014 $ 3,083 $ 7,799 $ 1,239 $ 1,113 $ 7 $ 919 $ 14,160 Charge-offs (45) (4) - - (11) - (60) Recoveries 6 - - 1 1 - 8 Provision 883 1,051 279 (133) 7 (262) 1,825 Balance at March 31, 2015 $ 3,927 $ 8,846 $ 1,518 $ 981 $ 4 $ 657 $ 15,933
Schedule of Debtor Troubled Debt Restructuring, Current Period [Table Text Block]	The following table presents loans by class modified as troubled debt restructurings that occurred during the three months ended March 31, 2016 (dollars in thousands): Pre-Modification Post-Modification Outstanding Outstanding Number of Recorded Recorded Loans Investment Investment Troubled debt restructurings: Commercial 9 $ 9,555 $ 9,555 Commercial real estate - - - Commercial construction - - - Residential real estate - - - Consumer - - - Total 9 $ 9,555 $ 9,555

Fair Value Measurements and F29

Fair Value Measurements and Fair Value of Financial Instruments (Tables)	3 Months Ended
	Mar. 31, 2016
Fair Value Disclosures [Abstract]
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]	For financial assets and liabilities measured at fair value on a recurring basis, the fair value measurements by level within the fair value hierarchy used at March 31, 2016 and December 31, 2015 are as follows: March 31, 2016 Fair Value Measurements at Reporting Date Using Quoted Prices in Active Significant Markets for Other Significant Identical Observable Unobservable Assets Inputs Inputs (Level 1) (Level 2) (Level 3) (in thousands) Recurring fair value measurements: Assets Investment securities: Available-for-sale: Federal agency obligations $ 31,827 $ - $ 31,827 $ - Residential mortgage pass- through securities 48,545 - 48,545 - Commercial mortgage pass- through securities 3,053 - 3,053 - Obligations of U.S. states and political subdivision 9,806 - 9,806 - Trust preferred securities 16,179 - 16,179 - Corporate bonds and notes 41,388 - 41,388 - Asset-backed securities 18,154 - 18,154 - Certificates of deposit 1,516 - 1,516 - Equity securities 377 377 - - Other securities 20,486 20,486 - - Total available-for-sale $ 191,331 $ 20,863 $ 170,468 $ - Liabilities Derivatives $ 1,568 $ - $ 1,568 $ - Total liabilities $ 1,568 $ - $ 1,568 $ - December 31, 2015 Fair Value Measurements at Reporting Date Using Quoted Prices in Active Significant Markets for Other Significant Identical Observable Unobservable Assets Inputs Inputs (Level 1) (Level 2) (Level 3) (in thousands) Recurring fair value measurements: Assets Investment securities: Available-for-sale: Federal agency obligations $ 29,146 $ - $ 29,146 $ - Residential mortgage pass- through securities 44,910 - 44,910 - Commercial mortgage pass- through securities 2,972 - 2,972 - Obligations of U.S. states and political subdivision 8,357 - 8,357 - Trust preferred securities 16,255 - 16,255 - Corporate bonds and notes 53,976 - 53,976 - Asset-backed securities 19,725 - 19,725 - Certificates of deposit 1,905 - 1,905 - Equity securities 374 374 - - Other securities 18,150 18,150 - - Total available-for-sale $ 195,770 $ 18,524 $ 177,246 $ - Liabilities Derivatives $ 131 $ - $ 131 $ - Total liabilities $ 131 $ - $ 131 $ -
Fair Value, Assets and Liabilities Measured on Nonrecurring Basis, Valuation Techniques [Table Text Block]	For assets measured at fair value on a non-recurring basis, the fair value measurements at March 31, 2016 and December 31, 2015 are as follows: Impaired loans Valuation Techniques Range of Unobservable Inputs Commercial Appraisals of collateral value Adjustment for age of comparable sales, generally a decline of 0% to 15%. Adjustment for age of lease payments. Market capitalization rates between 4% and 8%
Fair Value Measurements, Nonrecurring [Table Text Block]	Fair Value Measurements at Reporting Date Using Quoted Prices in Active Significant Markets for Other Significant Identical Observable Unobservable March 31, Assets Inputs Inputs Assets measured at fair value on a nonrecurring basis: 2016 (Level 1) (Level 2) (Level 3) Impaired loans (in thousands) Commercial $ 3,410 $ - $ - $ 3,410 Fair Value Measurements at Reporting Date Using Quoted Prices in Active Significant Markets for Other Significant Identical Observable Unobservable December 31, Assets Inputs Inputs Assets measured at fair value on a nonrecurring basis: 2015 (Level 1) (Level 2) (Level 3) Impaired loans (in thousands) Commercial $ 3,751 $ - $ - $ 3,751
Fair Value, by Balance Sheet Grouping [Table Text Block]	The following presents the carrying amount, fair value, and placement in the fair value hierarchy of the Company’s financial instruments as of March 31, 2016 and December 31, 2015. Fair Value Measurements Quoted Prices in Active Significant Markets for Other Significant Identical Observable Unobservable Carrying Fair Assets Inputs Inputs Amount Value (Level 1) (Level 2) (Level 3) (in thousands) March 31, 2016 Financial assets Cash and due from banks $ 118,259 $ 118,259 $ 118,259 $ - $ - Investment securities available-for-sale 191,331 191,331 20,863 170,468 - Investment securities held-to-maturity 219,373 229,470 30,413 180,553 18,504 Restricted investment in bank stocks 31,487 n/a n/a n/a n/a Net loans 3,234,739 3,242,398 - - 3,242,398 Accrued interest receivable 12,604 12,604 199 2,486 9,919 Financial liabilities Noninterest-bearing deposits 614,507 614,507 614,507 - - Interest-bearing deposits 2,278,564 2,285,918 - 2,285,918 - Borrowings 646,501 651,739 - 651,739 - Subordinated debentures, net 54,392 57,879 - 57,879 - Derivatives 1,568 1,568 - 1,568 - Accrued interest payable $ 5,101 $ 5,101 $ - $ 5,101 $ - December 31, 2015 Financial assets Cash and due from banks $ 200,895 $ 200,895 $ 200,895 $ - $ - Investment securities available-for-sale 195,770 195,770 18,524 177,246 - Investment securities held-to-maturity 224,056 230,558 29,226 182,774 18,558 Restricted investment in bank stocks 32,612 n/a n/a n/a n/a Net loans 3,072,435 3,059,343 - - 3,059,343 Accrued interest receivable 12,545 12,545 68 2,699 9,778 Financial liabilities Noninterest-bearing deposits 650,775 650,775 650,775 - - Interest-bearing deposits 2,140,191 2,137,149 - 2,137,149 - Borrowings 671,587 674,131 - 674,131 - Subordinated debentures, net 54,343 55,209 - 55,209 - Derivatives 131 131 - 131 - Accrued interest payable $ 4,387 $ 4,387 $ - $ 4,387 $ -

Accumulated Other Comprehensi30

Accumulated Other Comprehensive Loss (Tables)	3 Months Ended
	Mar. 31, 2016
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]	Accumulated other comprehensive loss (net of tax) at March 31, 2016 and December 31, 2015 consisted of the following: March 31, December 31, 2016 2015 (in thousands) Net unrealized gain on investment securities available-for-sale $ 1,251 $ 713 Cash flow hedge (927) (77) Unamortized component of securities transferred from available-for-sale to held-to- maturity (1,142) (1,173) Defined benefit pension and post-retirement plans (4,012) (4,072) Total accumulated other comprehensive loss $ (4,830) $ (4,609)

Stock Based Compensation (Table

Stock Based Compensation (Tables)	3 Months Ended
	Mar. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Disclosure of Share-based Compensation Arrangements by Share-based Payment Award [Table Text Block]	Option activity under the principal option plans as of March 31, 2016 and changes during the three months ended March 31, 2016 were as follows: Weighted- Average Weighted- Remaining Average Contractual Exercise Term Aggregate Shares Price (In Years) Intrinsic Value Outstanding at December 31, 2015 535,906 $ 6.48 Granted - - Exercised (5,495) 7.67 Forfeited/cancelled/expired (20,839) 9.77 Outstanding at March 31, 2016 509,572 $ 6.34 2.92 $ 5,102,923 Exercisable at March 31, 2016 503,941 $ 6.22 2.90 $ 5,071,354
Schedule of Share Based Compensation Stock Option Plan Table Text Block	Information related to stock option exercises during 2016: 2016 Intrinsic value of options exercised $ 54,326 Cash received from options exercised 42,171 Tax benefit realized from options exercised 17,114 Weighted average fair value of options granted -
Schedule of Nonvested Restricted Stock Units Activity [Table Text Block]	The below table represents information regarding restricted shares currently outstanding at March 31, 2016: Weighted- Average Nonvested Grant Date Shares Fair Value Nonvested at December 31, 2015 96,902 $ 16.81 Granted 71,920 15.88 Vested (54,648) 16.01 Forfeited/cancelled/expired (1,000) 19.58 Nonvested at March 31, 2016 113,174 $ 16.81
Schedule of Unearned Performance Unit Awards [Table Text Block]	A summary of the status of unearned performance unit awards and the change during the period is presented in the table below: Weighted- Average Grant Date Shares Fair Value Unearned at December 31, 2015 94,485 $ 19.46 Awarded 64,540 17.15 Forfeited (7,447) 19.46 Expired - - Unearned at March 31, 2016 151,578 $ 19.46

Components of Net Periodic Pe32

Components of Net Periodic Pension Cost (Tables)	3 Months Ended
	Mar. 31, 2016
Compensation and Retirement Disclosure [Abstract]
Schedule of Net Benefit Costs [Table Text Block]	The following table sets forth the net periodic pension cost of the Company’s pension plan for the periods indicated. Three Months Ended March 31, 2016 2015 Interest cost $ 128 $ 138 Expected return on plan assets (136) (137) Net amortization 102 108 Recognized settlement loss - 450 Total periodic pension expense $ 94 $ 559 Net actuarial gain $ (101) $ (742) Total recognized in other comprehensive income $ (101) $ (742) Total recognized in net periodic expense and other comprehensive income (before tax) $ (7) $ (183)

FHLB and other borrowings (Tabl

FHLB and other borrowings (Tables)	3 Months Ended
	Mar. 31, 2016
Debt Disclosure [Abstract]
Schedule of Long-term Debt Instruments [Table Text Block]	The Company’s FHLB and other borrowings and weighted average interest rates are summarized below: March 31, 2016 December 31, 2015 Amount Rate Amount Rate (in thousands) By type of borrowing: FHLB borrowings $ 631,501 1.30 % $ 656,587 1.26 % Repurchase agreements ("REPO") 15,000 5.95 15,000 5.95 Total borrowings $ 646,501 1.41 $ 671,587 1.37 By remaining period to maturity: One year or less $ 330,501 0.64 270,587 0.64 One to two years 121,000 1.90 171,000 1.56 Two to three years 105,000 1.96 130,000 1.84 Three to four years 50,000 1.66 35,000 1.60 Four to five years 40,000 3.42 65,000 2.82 Total borrowings $ 646,501 1.41 % $ 671,587 1.37 %

Securities Sold under Agreeme34

Securities Sold under Agreements to Repurchase (Tables)	3 Months Ended
	Mar. 31, 2016
Securities Sold Under Agreements To Repurchase Tables
Schedule of information concerning repurchase agreements [Table Text Block]	The Company pledges investment securities to secure those borrowings. Information concerning repurchase agreements is summarized as follows for the periods presented: March 31, December 31, March 31, (dollars in thousands) 2016 2015 2015 Average daily balance during the year-to-date $ 15,000 $ 22,890 $ 31,000 Average interest rate during the year-to-date 5.95% 5.92% 5.90% Maximum month-end balance during the year-to-date $ 15,000 $ 31,000 $ 31,000% Weighted average interest rate during the year-to-date 5.95% 5.92% 5.90%
Schedule of remaining contractual maturity [Table Text Block]	The table below shows the remaining contractual maturity of agreement by fair value of collateral pledged: March 31, 2016 Remaining Contractual Maturity of the Agreements Overnight and Up to 30 Greater Than (dollars in thousands) Continuous Days 30-90 Days 90 Days Total Repurchase agreements and Repurchase-to-maturity transactions U.S. Treasury and agency securities $ - $ - $ - $ 5,069 $ 5,069 Residential mortgage pass-through securities - - - 14,849 14,849 Total Borrowings $ - $ - $ - $ 19,918 $ 19,918 Amounts related to agreements not included in offsetting disclosure in Note 14 $ 4,918 December 31, 2015 Remaining Contractual Maturity of the Agreements Overnight and Up to 30 Greater Than (dollars in thousands) Continuous Days 30-90 Days 90 Days Total Repurchase agreements and Repurchase-to-maturity transactions U.S. Treasury and agency securities $ - $ - $ - $ 6,313 $ 6,313 Residential mortgage pass-through securities - - - 12,589 12,589 Total Borrowings $ - $ - $ - $ 18,902 $ 18,902 Amounts related to agreements not included in offsetting disclosure in Note 14 $ 3,902

Subordinated Debentures (Tables

Subordinated Debentures (Tables)	3 Months Ended
	Mar. 31, 2016
Subordinated Borrowings [Abstract]
Schedule of Subordinated Debentures [Table Text Block]	The following table summarizes the mandatory redeemable trust preferred securities of the Company’s Statutory Trust II at March 31, 2016 and December 31, 2015. Securities Redeemable by Issuance Date Issued Liquidation Value Coupon Rate Maturity Issuer Beginning 12/19/2003 $ 5,000,000 $1,000 per Capital Floating 3-month 01/23/2034 01/23/2009 Security LIBOR + 285 Basis Points

Offsetting Assets and Liabili36

Offsetting Assets and Liabilities (Tables)	3 Months Ended
	Mar. 31, 2016
Offsetting Assets And Liabilities Tables
Schedule of financial instruments that are eligible for offset [Table Text Block]	The following table presents information about financial instruments that are eligible for offset as of March 31, 2016 and December 31, 2015: Gross Amounts Not Offset Gross Amounts Net Amounts Cash or Offset in the of Assets Presented in the Financial Financial Gross Amounts Statement of Statement of Financial Instruments Instrument Net Recognized Financial Position Position Recognized Collateral Amount (in thousands) March 31, 2016 Assets: Interest rate swaps $ — $ — $ — $ — $ — $ — Liabilities: Interest rate swaps $ 1,568 $ — $ 1,568 $ — $ 1,568 $ — Repurchase agreements 15,000 — 15,000 — 15,000 — Total $ 16,568 $ — $ 16,568 $ — $ 16,568 $ — December 31, 2015 Assets: Interest rate swaps $ 48 $ — $ — $ — $ — $ — Liabilities: Interest rate swaps $ 131 $ — $ 131 $ — $ 131 $ — Repurchase agreements 15,000 — 15,000 — 15,000 — Total $ 15,131 $ — $ 15,131 $ — $ 15,131 $ —

Presentation of Debt Issuance37

Presentation of Debt Issuance Costs (Tables)	3 Months Ended
	Mar. 31, 2016
Presentation Of Debt Issuance Costs
Presentation of Debt Issuance Costs [Table Text Block]	The following table summarizes the impact of retrospective application to the consolidated statement of condition for the year ended December 31, 2015: December 31, (dollars in thousands) 2015 Other assets As previously reported $ 24,908 As reported under the new guidance 24,096 Total assets As previously reported $ 4,016,721 As reported under the new guidance 4,015,909 Subordinated debentures As previously reported $ 55,155 As reported under the new guidance 54,343 Total liabilities As previously reported $ 3,539,377 As reported under the new guidance 3,538,565

Earnings per Common Share (Deta

Earnings per Common Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Earnings Per Share [Abstract]
Net income	$ 10,391	$ 10,379
Preferred stock dividends	(22)	(28)
Net income available to common stockholders	$ 10,369	$ 10,351
Basic weighted average common shares outstanding	29,996	29,757
Effect of dilutive options	262	392
Diluted	30,257,676	30,149,469
Earnings per common share:
Basic	$ 0.35	$ 0.35
Diluted	$ 0.34	$ 0.34

Investment Securities (Details)

Investment Securities (Details) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2016USD ($)	Dec. 31, 2015USD ($)Integer
Investments, Debt and Equity Securities [Abstract]
Number of Investment Securities Sold	46	74
Available-for-sale Securities Pledged as Collateral	$ 155,300	$ 142,500
Description of Holding Securities	there were no holdings of securities of any one issuer, other than the U.S. Government and its agencies, in an amount greater than 10% of stockholders’ equity.

Investment Securities (Detail40

Investment Securities (Details) - Unrealized gains on investment securities - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Investment securities available-for-sale
Investment Securities Available-for-Sale, Amortized Cost	$ 189,285	$ 194,619
Investment Securities Available-for-Sale, Gross Unrealized Gains	3,346	2,271
Investment Securities Available-for-Sale, Gross Unrealized Losses	(1,300)	(1,120)
Investment Securities Available-for-Sale, Fair Value	191,331	195,770
Investment securities held-to-maturity
Investment Securities Held-to-Maturity, Amortized Cost	219,373	224,056
Investment Securities Held-to-Maturity, Gross Unrealized Gains	10,252	6,793
Investment Securities Held-to-Maturity, Gross Unrealized Losses	(155)	(291)
Investment Securities Held-to-Maturity, Fair Value	229,470	230,558
Total, Amortized Cost	408,658	418,675
Total, Gross Unrealized Gains	13,598	9,064
Total, Gross Unrealized Losses	(1,455)	(1,411)
Total, Fair Value	420,801	426,328
US Treasury Securities [Member]
Investment securities held-to-maturity
Investment Securities Held-to-Maturity, Amortized Cost	28,523	28,471
Investment Securities Held-to-Maturity, Gross Unrealized Gains	$ 1,890	$ 755
Investment Securities Held-to-Maturity, Gross Unrealized Losses
Investment Securities Held-to-Maturity, Fair Value	$ 30,413	$ 29,226
Federal Agency Obligations [Member]
Investment securities available-for-sale
Investment Securities Available-for-Sale, Amortized Cost	31,370	29,062
Investment Securities Available-for-Sale, Gross Unrealized Gains	486	142
Investment Securities Available-for-Sale, Gross Unrealized Losses	(29)	(58)
Investment Securities Available-for-Sale, Fair Value	31,827	29,146
Investment securities held-to-maturity
Investment Securities Held-to-Maturity, Amortized Cost	31,567	33,616
Investment Securities Held-to-Maturity, Gross Unrealized Gains	700	280
Investment Securities Held-to-Maturity, Gross Unrealized Losses	(8)	(119)
Investment Securities Held-to-Maturity, Fair Value	33,259	33,777
Residential Mortgage Backed Securities [Member]
Investment securities available-for-sale
Investment Securities Available-for-Sale, Amortized Cost	47,404	44,155
Investment Securities Available-for-Sale, Gross Unrealized Gains	1,162	803
Investment Securities Available-for-Sale, Gross Unrealized Losses	(21)	(48)
Investment Securities Available-for-Sale, Fair Value	48,545	44,910
Investment securities held-to-maturity
Investment Securities Held-to-Maturity, Amortized Cost	3,489	3,805
Investment Securities Held-to-Maturity, Gross Unrealized Gains	28	11
Investment Securities Held-to-Maturity, Gross Unrealized Losses	(15)	(6)
Investment Securities Held-to-Maturity, Fair Value	3,502	3,810
Commercial Mortgage Backed Securities [Member]
Investment securities available-for-sale
Investment Securities Available-for-Sale, Amortized Cost	2,965	$ 2,981
Investment Securities Available-for-Sale, Gross Unrealized Gains	$ 88
Investment Securities Available-for-Sale, Gross Unrealized Losses		$ (9)
Investment Securities Available-for-Sale, Fair Value	$ 3,053	2,972
Investment securities held-to-maturity
Investment Securities Held-to-Maturity, Amortized Cost	1,317	4,110
Investment Securities Held-to-Maturity, Gross Unrealized Gains	$ 30	27
Investment Securities Held-to-Maturity, Gross Unrealized Losses		(2)
Investment Securities Held-to-Maturity, Fair Value	$ 1,347	4,135
US States and Political Subdivisions Debt Securities [Member]
Investment securities available-for-sale
Investment Securities Available-for-Sale, Amortized Cost	9,642	8,188
Investment Securities Available-for-Sale, Gross Unrealized Gains	$ 164	$ 169
Investment Securities Available-for-Sale, Gross Unrealized Losses
Investment Securities Available-for-Sale, Fair Value	$ 9,806	$ 8,357
Investment securities held-to-maturity
Investment Securities Held-to-Maturity, Amortized Cost	117,416	118,015
Investment Securities Held-to-Maturity, Gross Unrealized Gains	$ 6,208	5,001
Investment Securities Held-to-Maturity, Gross Unrealized Losses		(3)
Investment Securities Held-to-Maturity, Fair Value	$ 123,624	123,013
Corporate Bonds And Notes [Member]
Investment securities available-for-sale
Investment Securities Available-for-Sale, Amortized Cost	40,771	53,566
Investment Securities Available-for-Sale, Gross Unrealized Gains	873	702
Investment Securities Available-for-Sale, Gross Unrealized Losses	(256)	(292)
Investment Securities Available-for-Sale, Fair Value	41,388	53,976
Investment securities held-to-maturity
Investment Securities Held-to-Maturity, Amortized Cost	37,061	36,039
Investment Securities Held-to-Maturity, Gross Unrealized Gains	1,396	719
Investment Securities Held-to-Maturity, Gross Unrealized Losses	(132)	(161)
Investment Securities Held-to-Maturity, Fair Value	38,325	36,597
Trust Preferred Securities [Member]
Investment securities available-for-sale
Investment Securities Available-for-Sale, Amortized Cost	16,089	16,088
Investment Securities Available-for-Sale, Gross Unrealized Gains	440	398
Investment Securities Available-for-Sale, Gross Unrealized Losses	(350)	(231)
Investment Securities Available-for-Sale, Fair Value	16,179	16,255
Asset-backed Securities [Member]
Investment securities available-for-sale
Investment Securities Available-for-Sale, Amortized Cost	$ 18,682	20,005
Investment Securities Available-for-Sale, Gross Unrealized Gains		18
Investment Securities Available-for-Sale, Gross Unrealized Losses	$ (528)	(298)
Investment Securities Available-for-Sale, Fair Value	18,154	19,725
Certificates of Deposit [Member]
Investment securities available-for-sale
Investment Securities Available-for-Sale, Amortized Cost	1,496	1,895
Investment Securities Available-for-Sale, Gross Unrealized Gains	$ 20	18
Investment Securities Available-for-Sale, Gross Unrealized Losses		(8)
Investment Securities Available-for-Sale, Fair Value	$ 1,516	1,905
Equity Securities [Member]
Investment securities available-for-sale
Investment Securities Available-for-Sale, Amortized Cost	376	376
Investment Securities Available-for-Sale, Gross Unrealized Gains	29	21
Investment Securities Available-for-Sale, Gross Unrealized Losses	(28)	(23)
Investment Securities Available-for-Sale, Fair Value	377	374
Other Securities [Member]
Investment securities available-for-sale
Investment Securities Available-for-Sale, Amortized Cost	20,490	$ 18,303
Investment Securities Available-for-Sale, Gross Unrealized Gains	84
Investment Securities Available-for-Sale, Gross Unrealized Losses	(88)	$ (153)
Investment Securities Available-for-Sale, Fair Value	$ 20,486	$ 18,150

Investment Securities (Detail41

Investment Securities (Details) - Investments classified by maturity date - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Investment securities available-for-sale:
Due in one year or less	$ 10,948
Due in one year or less	10,967
Due after one year through five years	15,800
Due after one year through five years	16,287
Due after five years through ten years	37,582
Due after five years through ten years	37,795
Due after ten years	53,720
Due after ten years	58,821
Total	189,285	$ 194,619
Total	191,331
Investment securities held-to-maturity:
Due in one year or less	1,000
Due in one year or less	1,000
Due after one year through five years	14,561
Due after one year through five years	14,907
Due after five years through ten years	85,428
Due after five years through ten years	90,182
Due after ten years	113,578
Due after ten years	118,532
Total	219,373	224,056
Investment Securities Held-to-Maturity, Fair Value	229,470	230,558
Total investment securities	408,658
Total investment securities	420,801
Residential Mortgage Backed Securities [Member]
Investment securities available-for-sale:
Investment Securities Available-for-Sale: Amortized Cost	47,404
Investment Securities Available-for-Sale: Fair Value	48,545
Total	47,404	44,155
Investment securities held-to-maturity:
Investment Securities Held-to-Maturity: Amoritzed Cost	3,489
Investment Securities Held-to-Maturity: Fair Value	3,502
Investment Securities Held-to-Maturity, Fair Value	3,502	3,810
Commercial Mortgage Backed Securities [Member]
Investment securities available-for-sale:
Investment Securities Available-for-Sale: Amortized Cost	2,965
Investment Securities Available-for-Sale: Fair Value	3,053
Total	2,965	2,981
Investment securities held-to-maturity:
Investment Securities Held-to-Maturity: Amoritzed Cost	1,317
Investment Securities Held-to-Maturity: Fair Value	1,347
Investment Securities Held-to-Maturity, Fair Value	1,347	4,135
Equity Securities [Member]
Investment securities available-for-sale:
Investment Securities Available-for-Sale: Amortized Cost	376
Investment Securities Available-for-Sale: Fair Value	377
Total	376	376
Other Securities [Member]
Investment securities available-for-sale:
Investment Securities Available-for-Sale: Amortized Cost	20,490
Investment Securities Available-for-Sale: Fair Value	20,486
Total	$ 20,490	$ 18,303

Investment Securities (Detail42

Investment Securities (Details) - Schedule of realized gains and losses - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Schedule of realized gains and losses [Abstract]
Proceeds		$ 9,537
Gross gains on sales of investment securities		$ 506
Gross losses on sales of investment securities
Net gains on sales of investment securities		$ 506
Less: tax provision on net gains		207
Net gains on sales of investment securities		$ 299

Investment Securities (Detail43

Investment Securities (Details) - Schedule of unrealized losses not recognized in income - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Investment securities available-for-sale:
Investment Securities Available-for-Sale: Total, Fair Value	$ 54,706	$ 62,566
Investment Securities Available-for-Sale: Total, Unrealized Losses	(1,300)	(1,120)
Investment Securities Available-for-Sale: Less than 12 Months, Fair Value	40,067	48,178
Investment Securities Available-for-Sale: Less than 12 Months, Unrealized Losses	(577)	(468)
Investment Securities Available-for-Sale: 12 Months or Longer, Fair Value	14,639	14,388
Investment Securities Available-for-Sale: 12 Months or Longer, Unrealized Losses	(723)	(652)
Investment securities held-to-maturity:
Investment Securities Held-to-Maturity: Total, Fair Value	8,713	22,882
Investment Securities Held-to-Maturity: Total, Unrealized Losses	(154)	(291)
Investment Securities Held-to-Maturity: Less than 12 Months, Fair Value	6,852	22,111
Investment Securities Held-to-Maturity: Less than 12 Months, Unrealized Losses	(152)	(281)
Investment Securities Held-to-Maturity: 12 Months or Longer, Fair Value	1,861	771
Investment Securities Held-to-Maturity: 12 Months or Longer, Unrealized Losses	(2)	(10)
Fair Value, Total	63,419	85,448
Unrealized Losses, Total	(1,454)	(1,411)
Fair Value, Less than 12 Months	46,919	70,289
Unrealized Losses, Less than 12 Months	(729)	(749)
Fair Value, 12 Months or Longer	16,500	15,159
Unrealized Losses, 12 Months or Longer	(725)	(662)
Federal Agency Obligations [Member]
Investment securities available-for-sale:
Investment Securities Available-for-Sale: Total, Fair Value	7,070	12,260
Investment Securities Available-for-Sale: Total, Unrealized Losses	(29)	(58)
Investment Securities Available-for-Sale: Less than 12 Months, Fair Value	6,836	12,013
Investment Securities Available-for-Sale: Less than 12 Months, Unrealized Losses	(28)	(54)
Investment Securities Available-for-Sale: 12 Months or Longer, Fair Value	234	247
Investment Securities Available-for-Sale: 12 Months or Longer, Unrealized Losses	(1)	(4)
Investment securities held-to-maturity:
Investment Securities Held-to-Maturity: Total, Fair Value	4,161	12,554
Investment Securities Held-to-Maturity: Total, Unrealized Losses	(8)	(119)
Investment Securities Held-to-Maturity: Less than 12 Months, Fair Value	2,300	11,783
Investment Securities Held-to-Maturity: Less than 12 Months, Unrealized Losses	(6)	(109)
Investment Securities Held-to-Maturity: 12 Months or Longer, Fair Value	1,861	771
Investment Securities Held-to-Maturity: 12 Months or Longer, Unrealized Losses	(2)	(10)
Residential Mortgage Backed Securities [Member]
Investment securities available-for-sale:
Investment Securities Available-for-Sale: Total, Fair Value	7,173	9,027
Investment Securities Available-for-Sale: Total, Unrealized Losses	(21)	(48)
Investment Securities Available-for-Sale: Less than 12 Months, Fair Value	6,679	9,027
Investment Securities Available-for-Sale: Less than 12 Months, Unrealized Losses	(14)	$ (48)
Investment Securities Available-for-Sale: 12 Months or Longer, Fair Value	494
Investment Securities Available-for-Sale: 12 Months or Longer, Unrealized Losses	(7)
Investment securities held-to-maturity:
Investment Securities Held-to-Maturity: Total, Fair Value	1,920	$ 2,480
Investment Securities Held-to-Maturity: Total, Unrealized Losses	(15)	(6)
Investment Securities Held-to-Maturity: Less than 12 Months, Fair Value	1,920	2,480
Investment Securities Held-to-Maturity: Less than 12 Months, Unrealized Losses	$ (15)	$ (6)
Investment Securities Held-to-Maturity: 12 Months or Longer, Fair Value
Investment Securities Held-to-Maturity: 12 Months or Longer, Unrealized Losses
Corporate Bonds And Notes [Member]
Investment securities available-for-sale:
Investment Securities Available-for-Sale: Total, Fair Value	$ 15,553	$ 16,533
Investment Securities Available-for-Sale: Total, Unrealized Losses	(256)	(292)
Investment Securities Available-for-Sale: Less than 12 Months, Fair Value	11,727	12,702
Investment Securities Available-for-Sale: Less than 12 Months, Unrealized Losses	(118)	(161)
Investment Securities Available-for-Sale: 12 Months or Longer, Fair Value	3,826	3,831
Investment Securities Available-for-Sale: 12 Months or Longer, Unrealized Losses	(138)	(131)
Investment securities held-to-maturity:
Investment Securities Held-to-Maturity: Total, Fair Value	2,632	5,536
Investment Securities Held-to-Maturity: Total, Unrealized Losses	(131)	(161)
Investment Securities Held-to-Maturity: Less than 12 Months, Fair Value	2,632	5,536
Investment Securities Held-to-Maturity: Less than 12 Months, Unrealized Losses	$ (131)	$ (161)
Investment Securities Held-to-Maturity: 12 Months or Longer, Fair Value
Investment Securities Held-to-Maturity: 12 Months or Longer, Unrealized Losses
Trust Preferred Securities [Member]
Investment securities available-for-sale:
Investment Securities Available-for-Sale: Total, Fair Value	$ 1,227	$ 1,345
Investment Securities Available-for-Sale: Total, Unrealized Losses	$ (350)	$ (231)
Investment Securities Available-for-Sale: Less than 12 Months, Fair Value
Investment Securities Available-for-Sale: Less than 12 Months, Unrealized Losses
Investment Securities Available-for-Sale: 12 Months or Longer, Fair Value	$ 1,227	$ 1,345
Investment Securities Available-for-Sale: 12 Months or Longer, Unrealized Losses	(350)	(231)
Asset-backed Securities [Member]
Investment securities available-for-sale:
Investment Securities Available-for-Sale: Total, Fair Value	18,154	14,745
Investment Securities Available-for-Sale: Total, Unrealized Losses	(528)	(298)
Investment Securities Available-for-Sale: Less than 12 Months, Fair Value	14,825	11,250
Investment Securities Available-for-Sale: Less than 12 Months, Unrealized Losses	(417)	(188)
Investment Securities Available-for-Sale: 12 Months or Longer, Fair Value	3,329	3,495
Investment Securities Available-for-Sale: 12 Months or Longer, Unrealized Losses	(111)	(110)
Equity Securities [Member]
Investment securities available-for-sale:
Investment Securities Available-for-Sale: Total, Fair Value	117	123
Investment Securities Available-for-Sale: Total, Unrealized Losses	$ (28)	$ (23)
Investment Securities Available-for-Sale: Less than 12 Months, Fair Value
Investment Securities Available-for-Sale: Less than 12 Months, Unrealized Losses
Investment Securities Available-for-Sale: 12 Months or Longer, Fair Value	$ 117	$ 123
Investment Securities Available-for-Sale: 12 Months or Longer, Unrealized Losses	(28)	(23)
Other Securities [Member]
Investment securities available-for-sale:
Investment Securities Available-for-Sale: Total, Fair Value	5,412	5,347
Investment Securities Available-for-Sale: Total, Unrealized Losses	$ (88)	$ (153)
Investment Securities Available-for-Sale: Less than 12 Months, Fair Value
Investment Securities Available-for-Sale: Less than 12 Months, Unrealized Losses
Investment Securities Available-for-Sale: 12 Months or Longer, Fair Value	$ 5,412	$ 5,347
Investment Securities Available-for-Sale: 12 Months or Longer, Unrealized Losses	$ (88)	(153)
Commercial Mortgage Backed Securities [Member]
Investment securities available-for-sale:
Investment Securities Available-for-Sale: Total, Fair Value		2,971
Investment Securities Available-for-Sale: Total, Unrealized Losses		(9)
Investment Securities Available-for-Sale: Less than 12 Months, Fair Value		2,971
Investment Securities Available-for-Sale: Less than 12 Months, Unrealized Losses		$ (9)
Investment Securities Available-for-Sale: 12 Months or Longer, Fair Value
Investment Securities Available-for-Sale: 12 Months or Longer, Unrealized Losses
Investment securities held-to-maturity:
Investment Securities Held-to-Maturity: Total, Fair Value		$ 1,331
Investment Securities Held-to-Maturity: Total, Unrealized Losses		(2)
Investment Securities Held-to-Maturity: Less than 12 Months, Fair Value		1,331
Investment Securities Held-to-Maturity: Less than 12 Months, Unrealized Losses		$ (2)
Investment Securities Held-to-Maturity: 12 Months or Longer, Fair Value
Investment Securities Held-to-Maturity: 12 Months or Longer, Unrealized Losses
Obligation Of Us States And Political Subdivisions [Member]
Investment securities held-to-maturity:
Investment Securities Held-to-Maturity: Total, Fair Value		$ 981
Investment Securities Held-to-Maturity: Total, Unrealized Losses		(3)
Investment Securities Held-to-Maturity: Less than 12 Months, Fair Value		981
Investment Securities Held-to-Maturity: Less than 12 Months, Unrealized Losses		$ (3)
Investment Securities Held-to-Maturity: 12 Months or Longer, Fair Value
Investment Securities Held-to-Maturity: 12 Months or Longer, Unrealized Losses
Certificates of Deposit [Member]
Investment securities available-for-sale:
Investment Securities Available-for-Sale: Total, Fair Value		$ 215
Investment Securities Available-for-Sale: Total, Unrealized Losses		(8)
Investment Securities Available-for-Sale: Less than 12 Months, Fair Value		215
Investment Securities Available-for-Sale: Less than 12 Months, Unrealized Losses		$ (8)
Investment Securities Available-for-Sale: 12 Months or Longer, Fair Value
Investment Securities Available-for-Sale: 12 Months or Longer, Unrealized Losses

Derivatives (Details)

Derivatives (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Aug. 24, 2015	Dec. 30, 2014	Oct. 15, 2014
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Notional Amount of Interest Rate Cash Flow Hedge Derivatives			$ 25,000	$ 25,000	$ 25,000
Interest expense on derivatives	$ 191	$ 166

Derivatives (Details) - Summary

Derivatives (Details) - Summary of interest rate swap designated as a cash flow hedges - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Dec. 31, 2015
Summary of interest rate swap designated as a cash flow hedges [Abstract]
Notional amount	$ 75,000	$ 50,000	$ 75,000
Weighted average pay rates	1.57%	1.58%	1.56%
Weighted average receive rates	0.56%	0.24%	0.44%
Weighted average maturity	3 years 7 months 6 days	4 years 2 months 12 days	3 years 9 months 18 days
Fair value	$ (1,568)	$ (486)	$ (131)

Derivatives (Details) - Summa46

Derivatives (Details) - Summary of net gains (losses) recorded in accumulated other comprehensive income - Interest Rate Contract [Member] - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Derivatives (Details) - Summary of net gains (losses) recorded in accumulated other comprehensive income and statements of income relating to cash flow derivative instruments [Line Items]
Amount of loss recognized in OCI (Effective Portion)	$ (1,437)	$ (534)
Amount of loss reclassified from OCI to interest income
Amount of loss recognized in other Non-interest income (Ineffective Portion)

Derivatives (Details) - Summa47

Derivatives (Details) - Summary of cash flow hedges included in the consolidated balance sheets - Interest Rate Swap [Member] - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Included in other asset/(liabilities):
Interest rate swap related to FHLB Advances, Notional Amount	$ 75,000	$ 75,000
Interest rate swap related to FHLB Advances, Fair Value	$ (1,568)	$ (131)

Loans and the Allowance for L48

Loans and the Allowance for Loan and Lease Losses (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2016	Dec. 31, 2015
LOANS AND THE ALLOWANCE FOR LOAN LOSSES (Details) [Line Items]
Non Accrual Contractual Due	90 days
Loans Pledged as Collateral	$ 1,600,000	$ 1,600,000
Loans performing under the restructured terms	95,100	85,900
Loans and Leases Receivable, Impaired, Interest Lost on Nonaccrual Loans	1,400	700
Troubled debt restructurings	96,500	86,600
Financing Receivable, Collectively Evaluated for Impairment	3,139,446	2,985,509
Allowance for Loan and Lease Losses Period Increase Decrease Due to Trouble Debt Restructuring	$ 1,500
Debt Instrument, Interest Rate, Stated Percentage Rate Range	5.75%
Debt Instrument, Interest Rate, Increase (Decrease)	3.00%
Specific allocations associated with taxi medallion, fair value	$ 6,000	4,500
Modified specific allocations associated with taxi medallion, fair value	8,000
Valuation per Medallion Amount	775
Increase in allowance for loan and lease losses	$ 45
Minimum [Member]
LOANS AND THE ALLOWANCE FOR LOAN LOSSES (Details) [Line Items]
Debt Instrument, Interest Rate, Stated Percentage Rate Range	1.30%
Maximum [Member]
LOANS AND THE ALLOWANCE FOR LOAN LOSSES (Details) [Line Items]
Debt Instrument, Interest Rate, Stated Percentage Rate Range	1.60%
Acquired Loans [Member]
LOANS AND THE ALLOWANCE FOR LOAN LOSSES (Details) [Line Items]
Financing Receivable, Collectively Evaluated for Impairment	$ 824,000	867,000
Real Estate Loan [Member]
LOANS AND THE ALLOWANCE FOR LOAN LOSSES (Details) [Line Items]
Financing Receivable, Collectively Evaluated for Impairment	$ 661,000	$ 672,000

Loans and the Allowance for L49

Loans and the Allowance for Loan and Lease Losses (Details) - Composition of loan portfolio - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	$ 3,265,773	$ 3,101,794
Net deferred loan fees	(1,960)	(2,787)
Total loans receivable	3,263,813	3,099,007
Commercial Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	601,708	570,116
Commercial Real Estate Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	2,028,301	1,966,696
Construction Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	402,594	328,838
Residential Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	231,319	233,690
Consumer Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	$ 1,851	$ 2,454

Loans and the Allowance for L50

Loans and the Allowance for Loan and Lease Losses (Details) - Purchase credit impaired loans - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Loans and the Allowance for Loan and Lease Losses (Details) - Purchase credit impaired loans [Line Items]
Total carrying amount	$ 9,138	$ 9,181
Commercial Portfolio Segment [Member]
Loans and the Allowance for Loan and Lease Losses (Details) - Purchase credit impaired loans [Line Items]
Total carrying amount	7,059	7,078
Commercial Real Estate Portfolio Segment [Member]
Loans and the Allowance for Loan and Lease Losses (Details) - Purchase credit impaired loans [Line Items]
Total carrying amount	1,745	1,775
Residential Portfolio Segment [Member]
Loans and the Allowance for Loan and Lease Losses (Details) - Purchase credit impaired loans [Line Items]
Total carrying amount	$ 334	$ 328

Loans and the Allowance for L51

Loans and the Allowance for Loan and Lease Losses (Details) - Schedule of accretable yield, or income expected to be collected - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Schedule of accretable yield, or income expected to be collected [Abstract]
Beginning balance	$ 3,599	$ 4,805
Accretion of income	(183)	(54)
Ending balance	$ 3,416	$ 4,751

Loans and the Allowance for L52

Loans and the Allowance for Loan and Lease Losses (Details) - Loans receivable on nonaccrual status - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Loans and the Allowance for Loan and Lease Losses (Details) - Loans receivable on nonaccrual status [Line Items]
Financing Receivable, Recorded Investment, Nonaccrual Status	$ 21,450	$ 20,736
Commercial Portfolio Segment [Member]
Loans and the Allowance for Loan and Lease Losses (Details) - Loans receivable on nonaccrual status [Line Items]
Financing Receivable, Recorded Investment, Nonaccrual Status	7,239	6,586
Commercial Real Estate Portfolio Segment [Member]
Loans and the Allowance for Loan and Lease Losses (Details) - Loans receivable on nonaccrual status [Line Items]
Financing Receivable, Recorded Investment, Nonaccrual Status	8,841	9,112
Construction Loans [Member]
Loans and the Allowance for Loan and Lease Losses (Details) - Loans receivable on nonaccrual status [Line Items]
Financing Receivable, Recorded Investment, Nonaccrual Status	1,636	1,479
Residential Portfolio Segment [Member]
Loans and the Allowance for Loan and Lease Losses (Details) - Loans receivable on nonaccrual status [Line Items]
Financing Receivable, Recorded Investment, Nonaccrual Status	$ 3,734	$ 3,559

Loans and the Allowance for L53

Loans and the Allowance for Loan and Lease Losses (Details) - Credit quality indicators - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross, Carrying Amount	$ 3,265,773	$ 3,101,794
Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross, Carrying Amount	3,102,404	2,939,890
Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross, Carrying Amount	25,623	31,412
Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross, Carrying Amount	$ 137,746	130,253
Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross, Carrying Amount		239
Commercial Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross, Carrying Amount	$ 601,708	570,116
Commercial Portfolio Segment [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross, Carrying Amount	494,413	462,358
Commercial Portfolio Segment [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross, Carrying Amount	6,976	11,760
Commercial Portfolio Segment [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross, Carrying Amount	$ 100,319	$ 95,998
Commercial Portfolio Segment [Member] | Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross, Carrying Amount
Commercial Real Estate Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross, Carrying Amount	$ 2,028,301	$ 1,966,696
Commercial Real Estate Portfolio Segment [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross, Carrying Amount	1,979,211	1,919,041
Commercial Real Estate Portfolio Segment [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross, Carrying Amount	17,820	18,990
Commercial Real Estate Portfolio Segment [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross, Carrying Amount	$ 31,270	28,426
Commercial Real Estate Portfolio Segment [Member] | Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross, Carrying Amount		239
Construction Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross, Carrying Amount	$ 402,594	328,838
Construction Loans [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross, Carrying Amount	400,131	326,697
Construction Loans [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross, Carrying Amount	827	662
Construction Loans [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross, Carrying Amount	$ 1,636	1,479
Construction Loans [Member] | Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross, Carrying Amount
Residential Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross, Carrying Amount	$ 231,319	233,690
Residential Portfolio Segment [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross, Carrying Amount	226,879	229,426
Residential Portfolio Segment [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross, Carrying Amount	4,440	4,264
Consumer Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross, Carrying Amount	1,851	2,454
Consumer Portfolio Segment [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross, Carrying Amount	1,770	2,368
Consumer Portfolio Segment [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans and Leases Receivable, Gross, Carrying Amount	$ 81	$ 86

Loans and the Allowance for L54

Loans and the Allowance for Loan and Lease Losses (Details) - Schedule of analysis of impaired loans, by class - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Dec. 31, 2015
Financing Receivable, Impaired [Line Items]
No related allowance recorded, Recorded Investment	$ 25,261		$ 22,317
No related allowance recorded, Unpaid Principal Balance	25,978		23,713
No Related Allowance Average Recorded Investment	24,363	$ 10,061
No Related Allowance Interest Income Recognized	71	22
With an allowance recorded, Recorded Investment	5,100		6,000
With An Allowance Recorded Average Recorded Investment	83,759	$ 6,722
With An Allowance Recorded Interest Income Recognized	737
Total, Recorded Investment	117,189		107,104
Total, Unpaid Principal Balance	117,829		108,162
Total, Related Allowance	7,677		6,725
Total Impaired Average Recorded Investment	108,122	$ 16,783
Total Impaired Interest Income Recognized	808	22
Commercial Portfolio Segment [Member]
Financing Receivable, Impaired [Line Items]
No related allowance recorded, Recorded Investment	3,320		610
No related allowance recorded, Unpaid Principal Balance	3,625		645
No Related Allowance Average Recorded Investment	2,591	$ 290
No Related Allowance Interest Income Recognized	24
With an allowance recorded, Recorded Investment	91,928		84,787
With an allowance recorded, Unpaid Principal Balance	91,851		84,449
With an allowance recorded, Related Allowance	7,677		6,725
With An Allowance Recorded Average Recorded Investment	83,759	$ 387
With An Allowance Recorded Interest Income Recognized	737
Total, Recorded Investment	95,248		85,397
Total, Unpaid Principal Balance	95,476		85,094
Total, Related Allowance	7,677		6,725
Total Impaired Average Recorded Investment	86,350	$ 677
Total Impaired Interest Income Recognized	761
Commercial Real Estate Portfolio Segment [Member]
Financing Receivable, Impaired [Line Items]
No related allowance recorded, Recorded Investment	15,271		15,517
No related allowance recorded, Unpaid Principal Balance	15,202		16,512
No Related Allowance Average Recorded Investment	15,274	$ 6,052
No Related Allowance Interest Income Recognized	$ 25	19
With An Allowance Recorded Average Recorded Investment		$ 6,335
With An Allowance Recorded Interest Income Recognized
Total, Recorded Investment	$ 15,271		15,517
Total, Unpaid Principal Balance	$ 15,202		$ 16,512
Total, Related Allowance
Total Impaired Average Recorded Investment	$ 15,274	$ 12,387
Total Impaired Interest Income Recognized	25	19
Construction Loans [Member]
Financing Receivable, Impaired [Line Items]
No related allowance recorded, Recorded Investment	2,466		$ 2,149
No related allowance recorded, Unpaid Principal Balance	2,538		2,141
No Related Allowance Average Recorded Investment	2,307
No Related Allowance Interest Income Recognized	16
Total, Recorded Investment	2,466		2,149
Total, Unpaid Principal Balance	$ 2,538		$ 2,141
Total, Related Allowance
Total Impaired Average Recorded Investment	$ 2,307
Total Impaired Interest Income Recognized	16
Residential Portfolio Segment [Member]
Financing Receivable, Impaired [Line Items]
No related allowance recorded, Recorded Investment	4,123		$ 3,954
No related allowance recorded, Unpaid Principal Balance	4,532		4,329
No Related Allowance Average Recorded Investment	4,107	3,613
No Related Allowance Interest Income Recognized	5	2
Total, Recorded Investment	4,123		3,954
Total, Unpaid Principal Balance	$ 4,532		$ 4,329
Total, Related Allowance
Total Impaired Average Recorded Investment	$ 4,107	3,613
Total Impaired Interest Income Recognized	5	2
Consumer Portfolio Segment [Member]
Financing Receivable, Impaired [Line Items]
No related allowance recorded, Recorded Investment	81		$ 87
No related allowance recorded, Unpaid Principal Balance	81		86
No Related Allowance Average Recorded Investment	84	106
No Related Allowance Interest Income Recognized	1	1
Total, Recorded Investment	81		87
Total, Unpaid Principal Balance	$ 81		$ 86
Total, Related Allowance
Total Impaired Average Recorded Investment	$ 84	106
Total Impaired Interest Income Recognized	$ 1	$ 1

Loans and the Allowance for L55

Loans and the Allowance for Loan and Lease Losses (Details) - Aging analysis - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	$ 40,002	$ 33,418
Current	3,225,771	3,068,376
Loans	3,265,773	3,101,794
Loans Receivable 90 Days or Greater Past Due and Accruing	6,632
30 - 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	14,440	8,889
60 - 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	380	4,502
90 Days or Greater Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	25,181	20,027
Commercial Portfolio Segment [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	17,948	17,257
Current	583,760	552,859
Loans	601,708	570,116
Loans Receivable 90 Days or Greater Past Due and Accruing	5,250
Commercial Portfolio Segment [Member] | 30 - 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	$ 5,539	6,887
Commercial Portfolio Segment [Member] | 60 - 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due		3,505
Commercial Portfolio Segment [Member] | 90 Days or Greater Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	$ 12,409	6,865
Commercial Real Estate Portfolio Segment [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	15,435	12,547
Current	2,012,866	1,954,149
Loans	2,028,301	1,966,696
Loans Receivable 90 Days or Greater Past Due and Accruing	1,382
Commercial Real Estate Portfolio Segment [Member] | 30 - 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	$ 5,408	1,998
Commercial Real Estate Portfolio Segment [Member] | 60 - 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due		988
Commercial Real Estate Portfolio Segment [Member] | 90 Days or Greater Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	$ 10,027	9,561
Construction Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	1,750	1,479
Current	400,844	327,359
Loans	402,594	328,838
Construction Loans [Member] | 30 - 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	1,750
Construction Loans [Member] | 90 Days or Greater Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due		1,479
Residential Portfolio Segment [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	4,867	2,122
Current	226,452	231,568
Loans	231,319	233,690
Residential Portfolio Segment [Member] | 30 - 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	1,741
Residential Portfolio Segment [Member] | 60 - 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	380
Residential Portfolio Segment [Member] | 90 Days or Greater Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	2,746	2,122
Consumer Portfolio Segment [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	2	13
Current	1,849	2,441
Loans	1,851	2,454
Consumer Portfolio Segment [Member] | 30 - 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	$ 2	4
Consumer Portfolio Segment [Member] | 60 - 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due		$ 9

Loans and the Allowance for L56

Loans and the Allowance for Loan and Lease Losses (Details) - Allowance for loan and lease losses - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015	Mar. 31, 2015	Dec. 31, 2014
Allowance for loan and lease losses
Allowance for loan and lease losses, individually evaluated for impairment	$ 7,677	$ 6,725
Allowance for loan and lease losses, collectively evaluated for impairment	21,397	19,847
Allowance for loan and lease losses, total	29,074	26,572	$ 15,933	$ 14,160
Gross loans
Loans Receivable, individually evaluated for impairment	117,189	107,104
Loans Receivable, collectively evaluated for impairment	3,139,446	2,985,509
Loans Receivables, acquired with deteriorated credit quality	9,138	9,181
Loans Receivable, Total	3,265,773	3,101,794
Commercial Portfolio Segment [Member]
Allowance for loan and lease losses
Allowance for loan and lease losses, individually evaluated for impairment	7,677	6,725
Allowance for loan and lease losses, collectively evaluated for impairment	5,420	4,224
Allowance for loan and lease losses, total	13,097	10,949	3,927	3,083
Gross loans
Loans Receivable, individually evaluated for impairment	95,248	85,397
Loans Receivable, collectively evaluated for impairment	499,401	477,641
Loans Receivables, acquired with deteriorated credit quality	7,059	7,078
Loans Receivable, Total	$ 601,708	$ 570,116
Commercial Real Estate Portfolio Segment [Member]
Allowance for loan and lease losses
Allowance for loan and lease losses, individually evaluated for impairment
Allowance for loan and lease losses, collectively evaluated for impairment	$ 10,941	$ 10,926
Allowance for loan and lease losses, total	10,941	10,926	8,846	7,799
Gross loans
Loans Receivable, individually evaluated for impairment	15,271	15,517
Loans Receivable, collectively evaluated for impairment	2,011,285	1,949,404
Loans Receivables, acquired with deteriorated credit quality	1,745	1,775
Loans Receivable, Total	$ 2,028,301	$ 1,966,696
Construction Loans [Member]
Allowance for loan and lease losses
Allowance for loan and lease losses, individually evaluated for impairment
Allowance for loan and lease losses, collectively evaluated for impairment	$ 3,617	$ 3,253
Allowance for loan and lease losses, total	3,617	3,253	1,518	1,239
Gross loans
Loans Receivable, individually evaluated for impairment	2,466	2,149
Loans Receivable, collectively evaluated for impairment	$ 400,128	$ 326,689
Loans Receivables, acquired with deteriorated credit quality
Loans Receivable, Total	$ 402,594	$ 328,838
Residential Portfolio Segment [Member]
Allowance for loan and lease losses
Allowance for loan and lease losses, individually evaluated for impairment
Allowance for loan and lease losses, collectively evaluated for impairment	$ 1,074	$ 976
Allowance for loan and lease losses, total	1,074	976	981	1,113
Gross loans
Loans Receivable, individually evaluated for impairment	4,123	3,954
Loans Receivable, collectively evaluated for impairment	226,862	229,408
Loans Receivables, acquired with deteriorated credit quality	334	328
Loans Receivable, Total	$ 231,319	$ 233,690
Consumer Portfolio Segment [Member]
Allowance for loan and lease losses
Allowance for loan and lease losses, individually evaluated for impairment
Allowance for loan and lease losses, collectively evaluated for impairment	$ 4	$ 4
Allowance for loan and lease losses, total	4	4	4	7
Gross loans
Loans Receivable, individually evaluated for impairment	81	87
Loans Receivable, collectively evaluated for impairment	$ 1,770	$ 2,367
Loans Receivables, acquired with deteriorated credit quality
Loans Receivable, Total	$ 1,851	$ 2,454
Unallocated Financing Receivables [Member]
Allowance for loan and lease losses
Allowance for loan and lease losses, individually evaluated for impairment
Allowance for loan and lease losses, collectively evaluated for impairment	$ 341	$ 464
Allowance for loan and lease losses, total	$ 341	$ 464	$ 657	$ 919
Gross loans
Loans Receivable, individually evaluated for impairment
Loans Receivable, collectively evaluated for impairment
Loans Receivables, acquired with deteriorated credit quality
Loans Receivable, Total

Loans and the Allowance for L57

Loans and the Allowance for Loan and Lease Losses (Details) - Schedule of allowance for loan losses - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Financing Receivable, Allowance for Credit Losses [Line Items]
Balance	$ 26,572	$ 14,160
Loans charged-off	(512)	(60)
Recoveries	14	8
Provision	3,000	1,825
Balance	29,074	15,933
Commercial Portfolio Segment [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Balance	10,949	3,083
Loans charged-off	(445)	(45)
Recoveries	1	6
Provision	2,592	883
Balance	13,097	3,927
Commercial Real Estate Portfolio Segment [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Balance	$ 10,926	7,799
Loans charged-off		$ (4)
Recoveries	$ 13
Provision	2	$ 1,051
Balance	10,941	8,846
Construction Loans [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Balance	$ 3,253	$ 1,239
Loans charged-off
Recoveries
Provision	$ 364	$ 279
Balance	3,617	1,518
Residential Portfolio Segment [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Balance	976	$ 1,113
Loans charged-off	$ (67)
Recoveries		$ 1
Provision	$ 165	(133)
Balance	1,074	981
Consumer Portfolio Segment [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Balance	$ 4	7
Loans charged-off		(11)
Recoveries		1
Provision		7
Balance	$ 4	4
Unallocated Financing Receivables [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Balance	$ 464	$ 919
Loans charged-off
Recoveries
Provision	$ (123)	$ (262)
Balance	$ 341	$ 657

Loans and the Allowance for L58

Loans and the Allowance for Loan and Lease Losses (Details) - Schedule of Troubled Debt Restructuring by Class $ in Thousands	3 Months Ended
	Mar. 31, 2016USD ($)Integer
Troubled debt restructurings:
Number of Loans | Integer	9
Pre-Modification Outstanding Recorded Investment	$ 9,555
Post-Modification Outstanding Recorded Investment	$ 9,555
Commercial Portfolio Segment [Member]
Troubled debt restructurings:
Number of Loans | Integer	9
Pre-Modification Outstanding Recorded Investment	$ 9,555
Post-Modification Outstanding Recorded Investment	$ 9,555
Commercial Real Estate Portfolio Segment [Member]
Troubled debt restructurings:
Number of Loans | Integer
Pre-Modification Outstanding Recorded Investment
Post-Modification Outstanding Recorded Investment
Construction Loans [Member]
Troubled debt restructurings:
Number of Loans | Integer
Pre-Modification Outstanding Recorded Investment
Post-Modification Outstanding Recorded Investment
Residential Portfolio Segment [Member]
Troubled debt restructurings:
Number of Loans | Integer
Pre-Modification Outstanding Recorded Investment
Post-Modification Outstanding Recorded Investment
Consumer Portfolio Segment [Member]
Troubled debt restructurings:
Number of Loans | Integer
Pre-Modification Outstanding Recorded Investment
Post-Modification Outstanding Recorded Investment

Fair Value Measurements and F59

Fair Value Measurements and Fair Value of Financial Instruments (Details) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Fair Value Disclosures [Abstract]
Impaired Financing Receivable, with Related Allowance, Recorded Investment	$ 5,100	$ 6,000
Impaired Financing Receivable, Related Allowance	$ 1,700	$ 2,200

Fair Value Measurements and F60

Fair Value Measurements and Fair Value of Financial Instruments (Details) - Schedule of Fair Value on a recurring basis - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Available-for-sale:
Investment securities: Available-for-sale, Fair Value	$ 191,331	$ 195,770
Liabilities
Derivatives	1,568	131
Total liabilities	1,568	131
Fair Value, Inputs, Level 1 [Member]
Available-for-sale:
Investment securities: Available-for-sale, Fair Value	$ 20,863	$ 18,524
Liabilities
Derivatives
Total liabilities
Fair Value, Inputs, Level 2 [Member]
Available-for-sale:
Investment securities: Available-for-sale, Fair Value	$ 170,468	$ 177,246
Liabilities
Derivatives	1,568	131
Total liabilities	$ 1,568	$ 131
Fair Value, Inputs, Level 3 [Member]
Available-for-sale:
Investment securities: Available-for-sale, Fair Value
Liabilities
Derivatives
Total liabilities
Federal Agency Obligations [Member]
Available-for-sale:
Investment securities: Available-for-sale, Fair Value	$ 31,827	$ 29,146
Federal Agency Obligations [Member] | Fair Value, Inputs, Level 2 [Member]
Available-for-sale:
Investment securities: Available-for-sale, Fair Value	31,827	29,146
Residential Mortgage Backed Securities [Member]
Available-for-sale:
Investment securities: Available-for-sale, Fair Value	48,545	44,910
Residential Mortgage Backed Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Available-for-sale:
Investment securities: Available-for-sale, Fair Value	48,545	44,910
Commercial Mortgage Backed Securities [Member]
Available-for-sale:
Investment securities: Available-for-sale, Fair Value	3,053	2,972
Commercial Mortgage Backed Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Available-for-sale:
Investment securities: Available-for-sale, Fair Value	3,053	2,972
US States and Political Subdivisions Debt Securities [Member]
Available-for-sale:
Investment securities: Available-for-sale, Fair Value	9,806	8,357
US States and Political Subdivisions Debt Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Available-for-sale:
Investment securities: Available-for-sale, Fair Value	9,806	8,357
Trust Preferred Securities [Member]
Available-for-sale:
Investment securities: Available-for-sale, Fair Value	16,179	16,255
Trust Preferred Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Available-for-sale:
Investment securities: Available-for-sale, Fair Value	16,179	16,255
Corporate Bonds And Notes [Member]
Available-for-sale:
Investment securities: Available-for-sale, Fair Value	41,388	53,976
Corporate Bonds And Notes [Member] | Fair Value, Inputs, Level 2 [Member]
Available-for-sale:
Investment securities: Available-for-sale, Fair Value	41,388	53,976
Asset-backed Securities [Member]
Available-for-sale:
Investment securities: Available-for-sale, Fair Value	18,154	19,725
Asset-backed Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Available-for-sale:
Investment securities: Available-for-sale, Fair Value	18,154	19,725
Certificates of Deposit [Member]
Available-for-sale:
Investment securities: Available-for-sale, Fair Value	1,516	1,905
Equity Securities [Member]
Available-for-sale:
Investment securities: Available-for-sale, Fair Value	377	374
Equity Securities [Member] | Fair Value, Inputs, Level 1 [Member]
Available-for-sale:
Investment securities: Available-for-sale, Fair Value	377	374
Other Securities [Member]
Available-for-sale:
Investment securities: Available-for-sale, Fair Value	20,486	18,150
Other Securities [Member] | Fair Value, Inputs, Level 1 [Member]
Available-for-sale:
Investment securities: Available-for-sale, Fair Value	20,486	18,150
Certificate Of Deposit [Member] | Fair Value, Inputs, Level 2 [Member]
Available-for-sale:
Investment securities: Available-for-sale, Fair Value	$ 1,516	$ 1,905

Fair Value Measurements and F61

Fair Value Measurements and Fair Value of Financial Instruments (Details) - Schedule of Fair Value on a non-recurring basis - Commercial Portfolio Segment [Member]	3 Months Ended	12 Months Ended
	Mar. 31, 2016	Dec. 31, 2015
Market Capitalization [Member] | Minimum [Member]
Fair Value Measurements and Fair Value of Financial Instruments (Details) - Fair value, assets and liabilities measured on nonrecurring basis, valuation techniques [Line Items]
Discounted Range	4.00%	4.00%
Market Capitalization [Member] | Maximum [Member]
Fair Value Measurements and Fair Value of Financial Instruments (Details) - Fair value, assets and liabilities measured on nonrecurring basis, valuation techniques [Line Items]
Discounted Range	8.00%	8.00%
Impaired Loans [Member] | Appraisals Of Collateral Valuation Technique [Member]
Fair Value Measurements and Fair Value of Financial Instruments (Details) - Fair value, assets and liabilities measured on nonrecurring basis, valuation techniques [Line Items]
Valuation Technique	Appraisals of collateral value	Appraisals of collateral value
Impaired Loans [Member] | Appraisals Of Collateral Valuation Technique [Member] | Minimum [Member]
Fair Value Measurements and Fair Value of Financial Instruments (Details) - Fair value, assets and liabilities measured on nonrecurring basis, valuation techniques [Line Items]
Discounted Range	0.00%	0.00%
Impaired Loans [Member] | Appraisals Of Collateral Valuation Technique [Member] | Maximum [Member]
Fair Value Measurements and Fair Value of Financial Instruments (Details) - Fair value, assets and liabilities measured on nonrecurring basis, valuation techniques [Line Items]
Discounted Range	15.00%	15.00%

Fair Value Measurements and F62

Fair Value Measurements and Fair Value of Financial Instruments (Details) - Schedule of Assets at Fair Value on Non-Recurring - Impaired Loans [Member] - Commercial Portfolio Segment [Member] - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Assets Measured at Fair Value on a Non-Recurring Basis:
Assets, Fair Value Disclosure, Nonrecurring	$ 3,410	$ 3,751
Fair Value, Inputs, Level 3 [Member]
Assets Measured at Fair Value on a Non-Recurring Basis:
Assets, Fair Value Disclosure, Nonrecurring	$ 3,410	$ 3,751

Fair Value Measurements and F63

Fair Value Measurements and Fair Value of Financial Instruments (Details) - Schedule of fair value hierarchy - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015	Mar. 31, 2015	Dec. 31, 2014
Financial assets
Cash and cash equivalents, Carrying Amount	$ 118,259	$ 200,895	$ 88,543	$ 126,847
Cash and cash equivalents, Fair Value	118,259	200,895
Investment securities available-for-sale	191,331	195,770
Investment Securities Available-for-Sale, Fair Value	191,331	195,770
Investment securities held-to-maturity, Carrying Amount	219,373	224,056
Investment securities held-to-maturity, Fair Value	229,470	230,558
Investments in restricted stock, at cost, Carrying Amount	$ 31,487	$ 32,612
Investments in restricted stock, at cost, Fair Value
Net loans, Carrying Amount	$ 3,234,739	$ 3,072,435
Net loans, Fair Value	3,242,398	3,059,343
Accrued interest receivable, Carrying Amount	12,604	12,545
Accrued interest receivable, Fair Value	12,604	12,545
Financial liabilities
Noninterest-bearing deposits, Carrying Amount	614,507	650,775
Noninterest-bearing deposits, Fair Value	614,507	650,775
Interest-bearing deposits, Carrying Amount	2,278,564	2,140,191
Interest-bearing deposits, Fair Value	2,285,918	2,137,149
Borrowings, Carrying Amount	646,501	671,587
Borrowings, Fair Value	651,739	674,131
Subordinated debentures, net	54,392	54,343
Subordinated debentures, Fair Value	57,879	55,209
Derivatives	1,568	131
Derivatives	1,568	131
Accrued interest payable, Carrying Amount	5,101	4,387
Accrued interest payable, Fair Value	5,101	4,387
Fair Value, Inputs, Level 1 [Member]
Financial assets
Cash and cash equivalents, Fair Value	118,259	200,895
Investment Securities Available-for-Sale, Fair Value	20,863	18,524
Investment securities held-to-maturity, Fair Value	30,413	29,226
Accrued interest receivable, Fair Value	199	68
Financial liabilities
Noninterest-bearing deposits, Fair Value	$ 614,507	650,775
Derivatives
Fair Value, Inputs, Level 2 [Member]
Financial assets
Investment Securities Available-for-Sale, Fair Value	$ 170,468	177,246
Investment securities held-to-maturity, Fair Value	180,553	182,774
Accrued interest receivable, Fair Value	2,486	2,699
Financial liabilities
Interest-bearing deposits, Fair Value	2,285,918	2,137,149
Borrowings, Fair Value	651,739	674,131
Subordinated debentures, Fair Value	57,879	55,209
Derivatives	1,568	131
Accrued interest payable, Fair Value	$ 5,101	$ 4,387
Fair Value, Inputs, Level 3 [Member]
Financial assets
Investment Securities Available-for-Sale, Fair Value
Investment securities held-to-maturity, Fair Value	$ 18,504	$ 18,558
Net loans, Fair Value	3,242,398	3,059,343
Accrued interest receivable, Fair Value	$ 9,919	$ 9,778
Financial liabilities
Derivatives

Accumulated Other Comprehensi64

Accumulated Other Comprehensive Loss (Details) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Net unrealized gain on investment securities available-for-sale	$ 1,251	$ 713
Cash flow hedge	(927)	(77)
Unamortized component of securities transferred from available-for-sale to held-to-maturity	(1,142)	(1,173)
Defined benefit pension and post-retirement plans	(4,012)	(4,072)
Total accumulated other comprehensive loss	$ (4,830)	$ (4,609)

Stock Based Compensation (Detai

Stock Based Compensation (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2016USD ($)Integer$ / sharesshares	Mar. 31, 2015USD ($)shares	Dec. 31, 2015shares
Share Based Compensation Arrangement by Share Based Payment Award Number of Plans | Integer	3
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period	3 years
Stock Issued During Period, Shares, Restricted Stock Award, Gross (in Shares)	71,920	59,466
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number	509,572		535,906
Unrecognized compensation cost related to nonvested shares | $	$ 2,198
Weighted average period related to compensation cost	2 years 3 months 18 days
Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price (in Dollars per share) | $ / shares
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross (in Shares)
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested in Period, Fair Value | $	$ 686
Restricted Stock [Member]
Stock Issued During Period, Shares, Restricted Stock Award, Gross (in Shares)	71,920	48,507
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost (in Dollars) | $	$ 182
Unrecognized compensation cost related to nonvested shares | $	$ 1,806
Weighted average period related to compensation cost	24 months
Performance Shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost (in Dollars) | $	$ 193	$ 0
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Number	151,577
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number	181,892
Employee Director Stock Option Plan 2009 [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant (in Shares)	68,516
Equity Compensation Plan 2009 [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant (in Shares)	235,090

Stock Based Compensation (Det66

Stock Based Compensation (Details) - Disclosure of Share-based Compensation Arrangements by Share-based Payment Award - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Beginning balance	535,906
Granted
Exercised	(5,495)	(110,500)
Forfeited/cancelled/expired	(20,839)
Ending balance	509,572
Exercisable Ending Balance	503,941
Outstanding Beginning Balance, Weighted-Average Exercise Price	$ 6.48
Granted, Weighted-Average Exercise Price
Exercised, Weighted-Average Exercise Price	$ 7.67
Forfeited/cancelled/expired, Weighted-Average Exercise Price	9.77
Outstanding Ending Balance, Weighted-Average Exercise Price	6.34
Exercisable Ending Balance, Weighted-Average Exercise Price	$ 6.22
Outstanding Ending Balance - Weighted average remaining contractual term (years)	2 years 11 months 1 day
Exercisable Ending Balance - Weighted average remaining contractual term (years)	2 years 10 months 24 days
Outstanding Ending Balance - Aggregate intrinsic value	$ 5,102,923
Exercisable Ending Balance - Aggregate intrinsic value	$ 5,071,354

Stock Based Compensation (Det67

Stock Based Compensation (Details) - Disclosure related to stock option plan $ in Thousands	3 Months Ended
	Mar. 31, 2016USD ($)
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Intrinsic value of options exercised	$ 54,326
Cash received from options exercised	42,171
Tax benefit realized from options exercised	$ 17,114
Weighted average fair value of options granted

Stock Based Compensation (Det68

Stock Based Compensation (Details) - Schedule of Share-based Payment Award, Nonvested Shares	3 Months Ended
	Mar. 31, 2016$ / sharesshares
Granted
Nonvested [Member]
Beginning balance	96,902
Granted	71,920
Vested	(54,648)
Forfeited/cancelled/expired	(1,000)
Ending balance	113,174
Beginning balance | $ / shares	$ 16.81
Granted | $ / shares	15.88
Vested | $ / shares	16.01
Forfeited/cancelled/expired | $ / shares	19.58
Ending balance | $ / shares	$ 16.81

Stock Based Compensation (Det69

Stock Based Compensation (Details) - Schedule of Share-based Payment Award, Unearned Shares	3 Months Ended
	Mar. 31, 2016$ / sharesshares
Beginning balance	535,906
Awarded
Ending balance	509,572
Unearned [Member]
Beginning balance	94,485
Awarded	64,540
Forfeited	(7,447)
Expired
Ending balance	151,578
Beginning balance | $ / shares	$ 19.46
Awarded | $ / shares	17.15
Forfeited | $ / shares	$ 19.46
Expired | $ / shares
Ending balance | $ / shares	$ 19.46

Components of Net Periodic Pe70

Components of Net Periodic Pension Cost (Details) - USD ($) $ in Thousands	1 Months Ended	3 Months Ended
	Apr. 30, 2016	Mar. 31, 2016	Mar. 31, 2015
Defined Benefit Plan Disclosure [Line Items]
Interest cost		$ 128	$ 138
Expected return on plan assets		(136)	(137)
Net amortization		$ 102	108
Recognized settlement loss			450
Total net periodic pension expense		$ 94	559
Net actuarial (gain) loss		(101)	(742)
Total recognized in other comprehensive income		(101)	(742)
Total recognized in net periodic expense and other comprehensive income (before tax)		$ (7)	$ (183)
Subsequent Event [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Contributions by Employer	$ 2,000

FHLB and other borrowings (Deta

FHLB and other borrowings (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2016USD ($)
Number of Federal Home Loan Bank Notes	3
Debt Instrument, Maturity Date	Jul. 1, 2025
Long-term Line of Credit	$ 1,200,000
Line of Credit Facility, Remaining Borrowing Capacity	594,000
Federal Home Loan Bank Note One [Member]
Extinguishment of Debt, Amount	$ 2,500
Debt Instrument, Maturity Date	Apr. 2, 2018
Federal Home Loan Bank Note Two [Member]
Extinguishment of Debt, Amount	$ 7,500
Debt Instrument, Maturity Date	Apr. 2, 2018
Federal Home Loan Bank Note Three [Member]
Extinguishment of Debt, Amount	$ 5,000
Debt Instrument, Maturity Date	Jul. 16, 2018

FHLB and other borrowings (De72

FHLB and other borrowings (Details) - Schedule of components of FHLB and other borrowings and weighted average interest rates - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
By type of borrowing:
FHLB and other borrowings (in Dollars)	$ 646,501	$ 671,587
Weighted average interest rates	1.41%	1.37%
By remaining period to maturity:
One year or less (in Dollars)	$ 330,501	$ 270,587
One year or less	0.64%	0.64%
One to two years (in Dollars)	$ 121,000	$ 171,000
One to two years	1.90%	1.56%
Two to three years (in Dollars)	$ 105,000	$ 130,000
Two to three years	1.96%	1.84%
Three to four years (in Dollars)	$ 50,000	$ 35,000
Three to four years	1.66%	1.60%
Four to five years (in Dollars)	$ 40,000	$ 65,000
Four to five years	3.42%	2.82%
Federal Home Loan Bank Advances [Member]
By type of borrowing:
FHLB and other borrowings (in Dollars)	$ 631,501	$ 656,587
Weighted average interest rates	1.30%	1.26%
Repurchase Agreements ("REPO") [Member]
By type of borrowing:
FHLB and other borrowings (in Dollars)	$ 15,000	$ 15,000
Weighted average interest rates	5.95%	5.95%

Securities Sold under Agreeme73

Securities Sold under Agreements to Repurchase (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Mar. 31, 2016
Securities Sold under Agreements to Repurchase [Abstract]
Pledge securities	8.00%
Securities carrying amount	$ 18,800	$ 19,100

Securities Sold under Agreeme74

Securities Sold under Agreements to Repurchase (Details) - Schedule of repurchase agreements - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Dec. 31, 2015
Securities Sold under Agreements to Repurchase [Abstract]
Average daily balance during the year	$ 15,000	$ 31,000	$ 22,890
Average interest rate during the year	5.95%	5.90%	5.92%
Maximum month-end balance during the year-to-date	$ 15,000	$ 31,000	$ 31,000
Weighted average interest rate during the year-to-date	5.95%	5.90%	5.92%

Securities Sold under Agreeme75

Securities Sold under Agreements to Repurchase (Details) - Schedule of remaining contractual maturity - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Total Borrowings	$ 19,918	$ 18,902
Amounts related to agreements not included in offsetting disclosure in Note 13	4,918	3,902
US Treasury Securities [Member]
Total Borrowings	5,069	6,313
Residential Mortgage Backed Securities [Member]
Total Borrowings	$ 14,849	$ 12,589
Overnight and Continuous [Member]
Total Borrowings
Overnight and Continuous [Member] | US Treasury Securities [Member]
Total Borrowings
Overnight and Continuous [Member] | Residential Mortgage Backed Securities [Member]
Total Borrowings
Upto 30 Days [Member]
Total Borrowings
Upto 30 Days [Member] | US Treasury Securities [Member]
Total Borrowings
Upto 30 Days [Member] | Residential Mortgage Backed Securities [Member]
Total Borrowings
30 - 90 Days [Member]
Total Borrowings
30 - 90 Days [Member] | US Treasury Securities [Member]
Total Borrowings
30 - 90 Days [Member] | Residential Mortgage Backed Securities [Member]
Total Borrowings
Greater Than 90 Days[Member]
Total Borrowings	$ 19,918	$ 18,902
Greater Than 90 Days[Member] | US Treasury Securities [Member]
Total Borrowings	5,069	6,313
Greater Than 90 Days[Member] | Residential Mortgage Backed Securities [Member]
Total Borrowings	$ 14,849	$ 12,589

Subordinated Debentures (Detail

Subordinated Debentures (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2016USD ($)
Subordinated Debentures (Details) [Line Items]
Value of subordinated debentures received by Trust	$ 5,200
Percentage Rate Added to Libor	2.85%
Floating interest rate on subordinated debentures	3.47%
Proceeds from Issuance of Debt	$ 50,000
Debt Instrument, Term	5 years
Debt Instrument, Maturity Date	Jul. 1, 2025
Debt Instrument, Interest Rate, Stated Percentage	5.75%
Debt Instrument, Description of Variable Rate Basis	three-month LIBOR rate plus 393 basis points
Debt Instrument, Basis Spread on Variable Rate	3.93%
Debt Issuance Cost	$ 763
Proceeds from Stock Plans	35,000
Noncumulative Preferred Stock [Member]
Subordinated Debentures (Details) [Line Items]
Preferred Stock, Value, Outstanding	$ 11,250

Subordinated Debentures (Deta77

Subordinated Debentures (Details) - Schedule of Subordinated Borrowing - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2016	Dec. 31, 2015
Schedule of Subordinated Borrowing [Abstract]
Issuance Date	Dec. 19, 2003	Dec. 19, 2003
Securities Issued	$ 5,000	$ 5,000
Liquidation Value	$1,000 per Capital Security	$1,000 per Capital Security
Coupon Rate	Floating 3-month LIBOR + 285 Basis Points	Floating 3-month LIBOR + 285 Basis Points
Maturity	Jan. 23, 2034	Jan. 23, 2034
Redeemable by Issuer Beginning	Jan. 23, 2009	Jan. 23, 2009

Offsetting Assets and Liabili78

Offsetting Assets and Liabilities (Details) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Gross Amounts Recognized, Total	$ 16,568	$ 15,131
Gross Amounts Offset in the Statement of Financial Position, Total
Net Amounts of Assets Presented in the Statement of Financial Position, Total	$ 16,568	$ 15,131
Financial Instruments Recognized, Total
Cash or Financial Instrument Collateral, Total	$ 16,568	$ 15,131
Net Amount, Total
Repurchase Agreements ("REPO") [Member]
Gross Amounts Recognized, Liabilities	$ 15,000	$ 15,000
Gross Amounts Offset in the Statement of Financial Position, Liabilities
Net Amounts of Assets Presented in the Statement of Financial Position, Liabilities	$ 15,000	$ 15,000
Financial Instruments Recognized, Liabilities
Cash or Financial Instrument Collateral, Liabilities	$ 15,000	$ 15,000
Net Amount, Liabilities
Interest Rate Swap [Member]
Gross Amounts Recognized, Assets		$ 48
Gross Amounts Offset in the Statement of Financial Position
Net Amounts of Assets Presented in the Statement of Financial Position, Assets
Financial Instruments Recognized, Assets
Cash or Financial Instrument Collateral, Assets
Net Amount, Assets
Gross Amounts Recognized, Liabilities	$ 1,568	$ 131
Gross Amounts Offset in the Statement of Financial Position, Liabilities
Net Amounts of Assets Presented in the Statement of Financial Position, Liabilities	$ 1,568	$ 131
Financial Instruments Recognized, Liabilities
Cash or Financial Instrument Collateral, Liabilities	$ 1,568	$ 131
Net Amount, Liabilities

Presentation of Debt Issuance79

Presentation of Debt Issuance Costs (Details) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Other assets	$ 29,847	$ 24,096
Total assets	4,091,000	4,015,909
Subordinated debentures	54,392	54,343
Total liabilities	$ 3,616,273	3,538,565
As previously reported [Member]
Other assets		24,908
Total assets		4,016,721
Subordinated debentures		55,155
Total liabilities		3,539,377
As reported under the new guidance [Member]
Other assets		24,096
Total assets		4,015,909
Subordinated debentures		54,343
Total liabilities		$ 3,538,565