ConnectOne Bancorp (CNOB) 10-Q 5 May 17 2017 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Mar. 31, 2017	Apr. 28, 2017
Document And Entity Information
Entity Registrant Name	ConnectOne Bancorp, Inc.
Entity Central Index Key	712,771
Document Type	10-Q
Document Period End Date	Mar. 31, 2017
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding		32,005,471
Document Fiscal Period Focus	Q1
Document Fiscal Year Focus	2,017

CONSOLIDATED STATEMENTS OF COND

CONSOLIDATED STATEMENTS OF CONDITION - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
ASSETS
Cash and due from banks	$ 35,867	$ 37,150
Interest-bearing deposits with banks	126,002	163,249
Cash and cash equivalents	161,869	200,399
Securities available-for-sale	352,476	353,290
Loans held-for-sale (net of valuation allowance of $2,600 and $-0-, respectively)	62,255	78,005
Loans receivable	3,571,663	3,475,832
Less: Allowance for loan losses	26,901	25,744
Net loans receivable	3,544,762	3,450,088
Investment in restricted stock, at cost	24,985	24,310
Bank premises and equipment, net	22,259	22,075
Accrued interest receivable	12,701	12,965
Bank owned life insurance	99,063	98,359
Other real estate owned	580	626
Goodwill	145,909	145,909
Core deposit intangibles	2,895	3,088
Other assets	31,062	37,234
Total assets	4,460,816	4,426,348
Deposits:
Noninterest-bearing	671,183	694,977
Interest-bearing	2,684,294	2,649,294
Total deposits	3,355,477	3,344,271
Borrowings	491,226	476,280
Subordinated debentures (net of debt issuance costs of $580 and $621, respectively)	54,575	54,534
Other liabilities	19,261	20,231
Total liabilities	3,920,539	3,895,316
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY
Common stock, no par value, authorized 50,000,000 shares; issued 34,068,393 shares at March 31, 2017 and 34,018,731 at December 31, 2016; outstanding 32,004,471 shares at March 31, 2017 and 31,948,307 at December 31, 2016	412,546	412,726
Additional paid-in capital	11,796	11,407
Retained earnings	135,939	126,462
Treasury stock, at cost (2,063,922 common shares at March 31, 2017 and December 31, 2016)	(16,717)	(16,717)
Accumulated other comprehensive loss	(3,287)	(2,846)
Total stockholders' equity	540,277	531,032
Total liabilities and stockholders' equity	$ 4,460,816	$ 4,426,348

CONSOLIDATED STATEMENTS OF CON3

CONSOLIDATED STATEMENTS OF CONDITION (Parenthetical) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Statement of Financial Position [Abstract]
Valuation allowance	$ 2,600	$ 0
Subordinated debentures, debt issuance costs	$ 580	$ 621
Common stock, shares authorized	50,000,000	50,000,000
Common stock, shares issued	34,068,393	34,018,731
Common stock, shares outstanding	32,004,471	31,948,307
Treasury Stock, Shares	2,063,922	2,063,922

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Interest income
Interest and fees on loans	$ 38,006	$ 35,017
Interest and dividends on securities:
Taxable	1,548	2,140
Tax-exempt	954	883
Dividends	330	352
Interest on federal funds sold and other short-term investments	246	134
Total interest income	41,084	38,526
Interest expense
Deposits	5,109	3,939
Borrowings	2,834	3,267
Total interest expense	7,943	7,206
Net interest income	33,141	31,320
Provision for loan losses	1,100	3,000
Net interest income after provision for loan losses	32,041	28,320
Noninterest income
Annuities and insurance commissions	39	40
Income on bank owned life insurance	703	612
Net gains on sale of loans held-for-sale	21	35
Deposit, loan and other income	643	515
Net gains on sales of securities available-for-sale	1,596
Total noninterest income	3,002	1,202
Noninterest expenses
Salaries and employee benefits	8,206	7,599
Occupancy and equipment	2,255	2,247
FDIC insurance	895	595
Professional and consulting	718	711
Marketing and advertising	256	184
Data processing	1,149	1,024
Amortization of core deposit intangible	193	217
Increase in valuation allowance, loans held-for-sale	2,600
Other expenses	1,977	1,776
Total noninterest expenses	18,249	14,353
Income before income tax expense	16,794	15,169
Income tax expense	4,914	4,778
Net income	11,880	10,391
Less: Preferred stock dividends		22
Net income available to common stockholders	$ 11,880	$ 10,369
Earnings per common share
Basic	$ 0.37	$ 0.35
Diluted	0.37	0.34
Dividends per common share	$ 0.075	$ 0.075

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Statement of Comprehensive Income [Abstract]
Net income	$ 11,880	$ 10,391
Unrealized gains and losses on securities:
Unrealized holding (losses) gains on available-for-sale securities arising during the period	689	895
Tax effect	(268)	(357)
Net of tax	421	538
Reclassification adjustment for realized gains included in net income	(1,596)
Tax effect	579
Net of tax	(1,017)
Amortization of unrealized net losses on held-to-maturity securities transferred from available-for-sale securities		51
Tax effect		(20)
Net of tax		31
Unrealized gains (losses) on cash flow hedge	160	(1,437)
Tax effect	(65)	587
Net of tax	95	(850)
Unrealized pension plan gains and losses:
Unrealized pension plan losses before reclassifications	(2)	(1)
Tax effect	1
Net of tax	(1)	(1)
Reclassification adjustment for realized losses included in net income	103	102
Tax effect	(42)	(41)
Net of tax	61	61
Total other comprehensive loss	(441)	(221)
Total comprehensive income	$ 11,439	$ 10,170

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($) $ in Thousands	Preferred Stock [Member]	Common Stock [Member]	Additional Paid-In Capital [Member]	Retained Earnings [Member]	Treasury Stock [Member]	Accumulated Other Comprehensive Loss [Member]	Total
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 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)
Stock issuance costs
Redemption of preferred stock	(11,250)						(11,250)
Exercise of stock options (5,495 shares)			42				42
Restricted stock grants (71,920 and 56,164 shares)
Stock-based compensation expense			755				755
Balance at Mar. 31, 2016		374,287	9,324	112,663	(16,717)	(4,830)	474,727
Balance at Dec. 31, 2016		412,726	11,407	126,462	(16,717)	(2,846)	531,032
Net income				11,880			11,880
Other comprehensive loss, net of tax						(441)	(441)
Cash dividends declared on common stock ($0.075 per share)				(2,403)			(2,403)
Stock issuance costs		(180)					(180)
Restricted stock grants (71,920 and 56,164 shares)
Stock-based compensation expense			389				389
Balance at Mar. 31, 2017		$ 412,546	$ 11,796	$ 135,939	$ (16,717)	$ (3,287)	$ 540,277

CONSOLIDATED STATEMENTS OF CHA7

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (Parenthetical) - $ / shares	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Statement of Stockholders' Equity [Abstract]
Cash dividends declared on common stock (in Dollars per share)	$ 0.075	$ 0.075
Exercise of stock options, shares		5,495
Restricted stock and performance units grants, shares	56,164	71,920

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Cash flows from operating activities
Net income	$ 11,880	$ 10,391
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization of premises and equipment	775	653
Increase in valuation allowance, loans held-for-sale	2,600
Provision for loan losses	1,100	3,000
Amortization of intangibles	193	217
Net accretion of loans	(590)	(1,174)
Accretion on bank premises	(23)	(31)
Accretion on deposits	(4)	(75)
Accretion on borrowings	(54)	(86)
Stock-based compensation	389	755
Gains on sales of securities available-for-sale, net	(1,596)
Gains on sale of loans held-for-sale, net	(21)	(35)
Gains on sale of fixed assets, net	(8)
Loans originated for resale	(2,105)	(1,916)
Principal paydowns on loans held-for-sale	1,677
Proceeds from sale of loans held-for-sale	6,440	1,951
Net loss on sale of other real estate owned	82	115
Increase in cash surrender value of bank owned life insurance	(704)	(612)
Amortization of premiums and accretion of discounts on securities available-for-sale	489	417
Decrease (increase) in accrued interest receivable	264	(58)
Decrease (increase) in other assets	6,373	(7,137)
(Decrease) increase in other liabilities	(664)	960
Net cash provided by operating activities	26,493	7,335
Securities available-for-sale:
Purchases	(49,912)	(19,135)
Sales	29,543
Maturities, calls and principal repayments	21,383	24,295
Securities held-to-maturity:
Purchases		(1,000)
Maturities and principal repayments		5,439
Net (purchases) redemptions of restricted investment in bank stocks	(675)	1,125
Net increase in loans	(88,605)	(164,130)
Proceeds from sales of fixed assets	8
Purchases of premises and equipment	(936)	(941)
Proceeds from sale of other real estate owned	544	738
Net cash used in investing activities	(88,650)	(153,609)
Cash flows from financing activities
Net increase in deposits	11,210	102,180
Advances of Federal Home Loan Bank ("FHLB") borrowings	100,000	50,000
Repayments of FHLB borrowings	(85,000)	(75,000)
Cash dividends paid on common stock	(2,403)	(2,312)
Cash dividends paid on preferred stock		(22)
Common stock issuance costs	(180)
Redemption of preferred stock		(11,250)
Proceeds from exercise of stock options		42
Net cash provided by financing activities	23,627	63,638
Net change in cash and cash equivalents	(38,530)	(82,636)
Cash and cash equivalents at beginning of period	200,399	200,895
Cash and cash equivalents at end of period	161,869	118,259
Cash payments for:
Interest paid on deposits and borrowings	7,603	6,492
Income taxes	55	10,235
Noncash activities:
Loans transferred to other real estate owned	580
Transfer of loans held-for-sale to loans held-to-maturity	$ 7,159

Nature of Operations and Princi

Nature of Operations and Principles of Consolidation	3 Months Ended
	Mar. 31, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Nature of Operations and Principles of Consolidation	Note 1. Nature of Operations and Principles of Consolidation ConnectOne Bancorp, Inc. (the “Parent Corporation”) is incorporated under the laws of State of New Jersey and is a registered bank holding company. The Parent Corporation’s business currently consists of the operation of its wholly-owned subsidiary, ConnectOne Bank (the “Bank” and, collectively with the Parent Corporation and the Parent Corporation’s subsidiaries, the “Company”). The Bank’s subsidiaries include Union Investment Co. (a New Jersey investment company), Twin Bridge Investment Co. (a Delaware investment company), ConnectOne Preferred Funding Corp. (a New Jersey real estate investment trust), Center Financial Group, LLC (a New Jersey financial services company), Center Advertising, Inc. (a New Jersey advertising company), Morris Property Company, LLC, (a New Jersey limited liability company), Volosin Holdings, LLC, (a New Jersey limited liability company), and NJCB Spec-1, LLC (a New Jersey limited liability company). 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. Primarily all loans are secured with various types of collateral, including business assets, consumer assets and commercial/residential real estate. The borrowers' ability to repay its loans is dependent on the conversion of assets, cash flows generated from their business, real estate rental and consumer wages. The preceding unaudited consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States (“GAAP”) 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 GAAP 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, 2017 are not necessarily indicative of the results that may be expected for the full year ending December 31, 2017, or for any other interim period. The Company’s 2016 Annual Report on Form 10-K should be read in conjunction with these consolidated 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 GAAP. Some items in the prior year consolidated 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, 2017
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]
New Authoritative Accounting Guidance	Note 2. New Authoritative Accounting Guidance ASU No. 2017-08, “' Receivables—Nonrefundable Fees and Other Costs (Subtopic 310-20), Premium Amortization on Purchased Callable Debt Securities .” ASU No. 2017-08 shortens the amortization period for certain callable debt securities held at a premium. Specifically, the amendments require the premium to be amortized to the earliest call date. The amendments do not require an accounting change for securities held at a discount; the discount continues to be amortized to maturity. ASU 2017-08 will be effective for us on January 1, 2019 and we are currently evaluating this ASU to determine the impact on our consolidated financial statements. ASU No. 2017-07, “ 'Compensation — Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost .” ASU No. 2017-07 requires that an employer report the service cost component in the same line item or items as other compensation costs arising from services rendered by the pertinent employees during the period. The other components of net benefit cost are required to be presented in the income statement separately from the service cost component and outside a subtotal of income from operations, if one is presented. If a separate line item or items are used to present the other components of net benefit cost, that line item or items must be appropriately described. If a separate line item or items are not used, the line item or items used in the income statement to present the other components of net benefit cost must be disclosed. The amendments also allow only the service cost component to be eligible for capitalization when applicable (e.g., as a cost of internally manufactured inventory or a self-constructed asset). ASU 2017-08 will be effective for us on January 1, 2018 and we are currently evaluating this ASU to determine the impact on our consolidated financial statements. ASU No. 2017-04, “Intangibles – Goodwill and Other (Topic 350).” ASU 2017-04 aims to simplify the subsequent measurement of goodwill. Under these amendments, an entity should perform its annual, or interim, goodwill impairment test by comparing the fair value of a reporting unit with its carrying amount. An entity should recognize an impairment charge for the amount by which the carrying amount exceeds the reporting unit’s fair value; however, the loss recognized should not exceed the total amount of goodwill allocated to that reporting unit. Additionally, an entity should consider income tax effects from any tax deductible goodwill on the carrying amount of the reporting unit when measuring the goodwill impairment loss, if applicable. The Board also eliminated the requirements for any reporting unit with a zero or negative carrying amount to perform a qualitative assessment. An entity is required to disclose the amount of goodwill allocated to each reporting unit with a zero or negative carrying amount of net assets and still has the option to perform the qualitative assessment for a reporting unit to determine if the quantitative impairment test is necessary. The amendments in this update are effective for public business entities for fiscal years beginning after December 15, 2019. We are currently evaluating this ASU to determine the impact on our consolidated financial statements. ASU No. 2017-01, “Business Combinations (Topic 805).” ASU 2017-01 provides a screen to determine when an asset is not a business. The screen requires that when substantially all of the fair value of the gross assets acquired (or disposed of) is concentrated in a single identifiable asset or a group of similar identifiable assets, the asset is not a business. This screen reduces the number of transactions that need to be further evaluated. The amendments in this update are effective for public business entities for fiscal years beginning after December 15, 2017, including interim periods within those fiscal years. The amendments in this update should be applied prospectively on or after the effective date. We are currently evaluating this ASU to determine the impact on our consolidated financial statements. ASU No. 2016-16, “ Income Taxes (Topic 740): Intra-Entity Transfers of Assets Other Than Inventory. ” ASU 2016-16 requires an entity to recognize the income tax consequences of an intra-entity transfer of an asset other than inventory when the transfer occurs. The ASU eliminates the exception for an intra-entity transfer of an asset other than inventory. The ASU does not include new disclosure requirements; however, existing disclosure requirements might be applicable when accounting for the current and deferred income taxes for an intra-entity transfer of an asset other than inventory. For public entities that are U.S. Securities and Exchange Commission (SEC) filers, the amendments in this update are effective for annual reporting periods beginning after December 15, 2017, including interim reporting periods within those annual reporting periods. We are currently evaluating this ASU to determine the impact on our consolidated financial statements. ASU No. 2016-15, “ Statement of Cash Flows (Topic 230) : Classification of Certain Cash Receipts and Cash Payments ” provides guidance on the following eight specific cash flow issues: (1) Debt prepayment or debt extinguishment costs; (2) Settlement of zero-coupon debt instruments or other debt instruments with coupon interest rates that are insignificant in relation to the effective interest rate of the borrowing; (3) Contingent consideration payments made after a business combination; (4) Proceeds from the settlement of insurance claims; (5) Proceeds from the settlement of corporate-owned life insurance policies, including bank-owned life insurance policies; (6) Distributions received from equity method investees; (7) Beneficial interests in securitization transactions; and (8) Separately identifiable cash flows and application of the predominance principle. The amendments in this Update are effective for public business entities for fiscal years beginning after December 15, 2017, and interim periods within those fiscal years. Early adoption is permitted, including adoption in an interim period. If an entity early adopts the amendments in an interim period, any adjustments should be reflected as of the beginning of the fiscal year that includes that interim period. An entity that elects early adoption must adopt all of the amendments in the same period. The amendments in this Update should be applied using a retrospective transition method to each period presented. If it is impracticable to apply the amendments retrospectively for some of the issues, the amendments for those issues would be applied prospectively as of the earliest date practicable. We are currently evaluating this ASU to determine the impact on our consolidated financial statements. ASU No. 2016-13, “ Financial Instruments – Credit Losses (Topic 326): Assets Measured at Amortized Cost.” ASU 2016- expected credit losses and requires consideration of a broader range of reasonable and supportable information to inform credit loss estimates and affects loans, debt securities, trade receivables, net investments in leases, off-balance-sheet credit exposures, reinsurance receivables, and any other financial assets not excluded from the scope that have the contractual right to receive cash. For public business entities that are U.S. Securities and Exchange Commission (SEC) filers, the amendments in this Update are effective for fiscal years beginning after December 15, 2019, including interim periods within those fiscal years. The Company is currently in the process of forming a CECL committee that will be assessing our data and system needs, as well as considering the engagement of a third-party vendor to assist in implementation. We expect to recognize a one-time cumulative effect adjustment to the allowance for loan losses as of the beginning of the first reporting period in which the ASU is effective, but cannot yet determine the magnitude of any such one-time adjustment or the overall impact of the ASU on our consolidated financial statements. ASU No. 2016-12,“ Revenue from Contracts with Customers (Topic 606): Narrow-Scope Improvements and Practical Expedients .”ASU 2016-12 was issued to clarify ASC Topic 606, “Revenue from Contracts with Customers” and to address narrow-scope improvements to the guidance on collectability, noncash consideration, and completed contracts at transition. Additionally, the amendments in this Update provide a practical expedient for contract modifications at transition and an accounting policy election related to the presentation of sales taxes and other similar taxes collected from customers. The effective date and transition of ASU 2016-12 is the same as the effective date and transition of ASU 2014-09, “Revenue from Contracts with Customers (Topic 606),” as discussed above. Although management continues to evaluate the potential impact of ASU 2014-09 on our consolidated financial statements at this time we believe the adoption of this standard will not have a significant impact to our consolidated financial statements. ASU No. 2016-10,“ Revenue from Contracts with Customers (Topic 606): Identifying Performance Obligations and Licensing.” ASU 2016-10 was issued to clarify ASC Topic 606, “Revenue from Contracts with Customers” related to (i) identifying performance obligations; and (ii) the licensing implementation guidance. The effective date and transition of ASU 2016-10 is the same as the effective date and transition of ASU 2014-09, “Revenue from Contracts with Customers (Topic 606),” as discussed above. Although management continues to evaluate the potential impact of ASU 2014-09 on our consolidated financial statements at this time we believe the adoption of this standard will not have a significant impact to our consolidated financial statements. ASU No. 2016-02, “ Leases (Topic 842) ASU No. 2016-01, Financial Instruments – Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities.” ASU 2016-1, among other things; (i) requires equity investments, with certain exceptions, to be measured at fair value with changes in fair value recognized in net income, (ii) simplifies the impairment assessment of equity investments without readily determinable fair values by requiring a qualitative assessment to identify impairment; (iii) eliminates the requirement for public business entities to disclose the methods and significant assumptions used to estimate the fair value that is required to be disclosed for financial instruments measured at amortized cost on the balance sheet; (iv) requires public business entities to use the exit price notion when measuring the fair value of financial instruments for disclosure purposes; (v) requires an entity to present separately in other comprehensive income the portion of the total change in the fair value of a liability resulting from a change in the instrument-specific credit risk when the entity has elected to measure the liability at fair value in accordance with the fair value option for financial instruments; (vi) requires separate presentation of financial assets and financial liabilities by measurement category and form of financial asset on the balance sheet or the accompanying notes to the financial statements; and (vii) clarifies that an entity should evaluate the need for a valuation allowance on a deferred tax asset related to available-for-sale. ASU 2016-1 will be effective for us on January 1, 2018 and we are currently evaluating the potential impact of ASU No. 2016-01 on our consolidated financial statements. ASU No. 2014-09, “Revenue from Contracts with Customers (Topic 606).” ASU 2014-09 implements a common revenue standard that clarifies the principles for recognizing revenue. The core principle of ASU 2014-09 is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. To achieve that core principle, an entity should apply the following steps: (i) identify the contract(s) with a customer; (ii) identify the performance obligations in the contract; (iii) determine the transaction price; (iv) allocate the transaction price to the performance obligations in the contract; and (v) recognize revenue when (or as) the entity satisfies a performance obligation. ASU 2014-09 was originally going to be effective for us on January 1, 2017; however, the FASB recently issued ASU 2015-14, “Revenue from Contracts with Customers (Topic 606) - Deferral of the Effective Date” which deferred the effective date of ASU 2014-09 by one year to January 1, 2018. We are currently evaluating the potential impact of ASU 2014-09 on its consolidated financial statements.

Earnings per Common Share

Earnings per Common Share	3 Months Ended
	Mar. 31, 2017
Earnings Per Share [Abstract]
Earnings per Common Share	Note 3. Earnings per Common Share Financial Accounting Standards Board Accounting Standards Codification (“FASB ASC”) No. 260-10-45 addresses whether instruments granted in share-based payment transactions are participating securities prior to vesting and, therefore, need to be included in the earnings allocation in computing earnings per share (“EPS”). The restricted stock awards and certain restricted stock units granted by the Company contain non-forfeitable rights to dividends and therefore are considered participating securities. The two-class method for calculating basic EPS excludes dividends paid to participating securities and any undistributed earnings attributable to participating securities. Earnings per common share have been computed based on the following: Three Months Ended March 31, (dollars in thousands, except for per share data) 2017 2016 Net income available to common stockholders $ 11,880 $ 10,369 Earnings allocated to participating securities 27 22 Income attributable to common stock $ 11,853 $ 10,347 Weighted average common shares outstanding, including participating securities 31,938 30,020 Weighted average participating securities (72 ) (63 ) Weighted average common shares outstanding 31,866 29,957 Incremental shares from assumed conversions of options, performance units and restricted shares 327 289 Weighted average common and equivalent shares outstanding 32,193 30,246 Earnings per common share: Basic $ 0.37 $ 0.35 Diluted 0.37 0.34 There were no antidilutive share equivalents as of March 31, 2017 and March 31, 2016.

Securities Available-For-Sale

Securities Available-For-Sale	3 Months Ended
	Mar. 31, 2017
Investments, Debt and Equity Securities [Abstract]
Investment Securities	Note 4. Securities Available-For-Sale The Company’s securities are classified as available-for-sale at March 31, 2017 and December 31, 2016. 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, 2017 and December 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 held-to-maturity category to the available-for-sale category are made at fair value at the date of transfer. For transfers from the available-for-sale category to the held-to maturity category 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 security. Unrealized holding gains or losses that remain in accumulated other comprehensive income are amortized or accreted out of other comprehensive income with an offsetting entry to interest income as a yield adjustment through earnings over the remaining terms of the securities. For transfers from the held-to-maturity category to the available-for-sale category unrealized holding gain or loss at the date of the transfer shall be recognized in accumulated other comprehensive income, net of applicable taxes. During the year ended December 31, 2016, the Company transferred all securities previously categorized as held-to-maturity to available-for-sale classification. The transfer resulted in an increase of approximately $210 million in amortized cost basis of available-for-sale securities and resulted in a net increase to accumulated other comprehensive income of $7.4 million, net of tax. The transfer enhances liquidity and increases flexibility with regard to asset-liability management and balance sheet composition. As a result of the transfer, the Company believes it has tainted its held-to-maturity classification and judgment will be required in the future in determining when circumstances have changed such that management can assert that it has the intent and ability to hold debt securities to maturity. Based on this guidance, the Company does not expect to classify any securities as held-to-maturity within the near future. The following tables present information related to the Company’s securities at March 31, 2017 and December 31, 2016 (dollars in thousands): Gross Gross Amortized Unrealized Unrealized Fair March 31, 2017 Cost Gains Losses Value Securities available-for-sale Federal agency obligations $ 56,670 $ 257 $ (277 ) $ 56,650 Residential mortgage pass-through securities 104,850 602 (981 ) 104,471 Commercial mortgage pass-through securities 4,153 32 - 4,185 Obligations of U.S. states and political subdivisions 123,913 2,008 (915 ) 125,006 Trust preferred securities 4,576 97 (131 ) 4,542 Corporate bonds and notes 30,602 242 (297 ) 30,547 Asset-backed securities 14,058 23 (112 ) 13,969 Certificates of deposit 972 9 - 981 Equity securities 376 232 - 608 Other securities 11,851 - (334 ) 11,517 Total securities available-for-sale $ 352,021 $ 3,502 $ (3,047 ) $ 352,476 Gross Gross Amortized Unrealized Unrealized Fair December 31, 2016 Cost Gains Losses Value Securities available-for-sale Federal agency obligations $ 52,826 $ 282 $ (271 ) $ 52,837 Residential mortgage pass-through securities 72,922 519 (944 ) 72,497 Commercial mortgage pass-through securities 4,186 23 - 4,209 Obligations of U.S. states and political subdivisions 148,747 2,789 (931 ) 150,605 Trust preferred securities 5,575 242 (151 ) 5,666 Corporate bonds and notes 36,717 586 (375 ) 36,928 Asset-backed securities 14,867 2 (286 ) 14,583 Certificates of deposit 973 10 - 983 Equity securities 376 192 - 568 Other securities 14,739 - (325 ) 14,414 Total securities available-for-sale $ 351,928 $ 4,645 $ (3,283 ) $ 353,290 The following table presents information for securities at March 31, 2017, 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, 2017 Amortized Fair Cost Value (dollars in thousands) Securities available-for-sale: Due in one year or less $ 3,467 $ 3,504 Due after one year through five years 30,171 30,401 Due after five years through ten years 43,973 44,432 Due after ten years 153,180 153,358 Residential mortgage pass-through securities 104,850 104,471 Commercial mortgage pass-through securities 4,153 4,185 Equity securities 376 608 Other securities 11,851 11,517 Total $ 352,021 $ 352,476 Gross gains and losses from the sales for the three months ended March 31, 2017 and 2016 were as follows: Three Months Ended March 31, (dollars in thousands) 2017 2016 Proceeds $ 29,543 $ - Gross gains on sales of securities 1,596 - Gross losses on sales of securities - - Net gains on sales of securities 1,596 - Less: tax provision on net gains (579 ) - Net gains on sales of securities, after tax $ 1,017 $ - The Company reviews all securities for potential recognition of other-than-temporary impairment. 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 Securities The Company does not believe that any of the unrealized losses, which were comprised of 82 and 84 securities as of March 31, 2017 and December 31, 2016, respectively, represent an other-than-temporary impairment (“OTTI”). 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 which may contribute to unrealized losses include credit risk, market risk, changes in 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 the securities portfolio including limits on concentrations to any one issuer. The Company believes the securities portfolio is prudently diversified. The unrealized losses included in the tables below are primarily related to changes in interest rates and credit spreads. All of the Company’s securities are performing and are expected to continue to perform in accordance with their respective contractual terms and conditions. These are largely intermediate duration holdings and, in certain cases, monthly principal payments can further reduce loss exposure resulting from an increase 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, 2017. In determining whether or not securities are OTTI, 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 OTTI 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, a 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, 2017 and December 31, 2016: March 31, 2017 Total Less than 12 Months 12 Months or Longer Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses (dollars in thousands) Securities available-for-sale : Federal agency obligation $ 31,077 $ (277 ) $ 29,864 $ (269 ) $ 1,213 $ (8 ) Residential mortgage pass-through securities 62,928 (981 ) 61,465 (946 ) 1,463 (35 ) Obligations of U.S. states and political subdivisions 45,800 (915 ) 45,800 (915 ) - - Trust preferred securities 1,447 (131 ) - - 1,447 (131 ) Corporate bonds and notes 14,006 (297 ) 2,803 (163 ) 11,203 (134 ) Asset-backed securities 8,628 (112 ) - - 8,628 (112 ) Other securities 11,132 (334 ) - - 11,132 (334 ) Total temporarily impaired securities $ 175,018 $ (3,047 ) $ 139,932 $ (2,293 ) $ 35,086 $ (754 ) December 31, 2016 Total Less than 12 Months 12 Months or Longer Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses (dollars in thousands) Securities available-for-sale : Federal agency obligation $ 22,672 $ (271 ) $ 21,416 $ (262 ) $ 1,256 $ (9 ) Residential mortgage pass-through securities 50,136 (944 ) 49,817 (937 ) 319 (7 ) Obligations of U.S. states and political subdivisions 52,307 (931 ) 52,307 (931 ) - - Trust preferred securities 1,427 (151 ) - - 1,427 (151 ) Corporate bonds and notes 15,930 (375 ) 7,671 (265 ) 8,259 (110 ) Asset-backed securities 13,404 (286 ) 3,743 (88 ) 9,661 (198 ) Other securities 11,467 (325 ) - - 11,467 (325 ) Total temporarily impaired securities $ 167,343 $ (3,283 ) $ 134,954 $ (2,483 ) $ 32,389 $ (800 ) Securities having a carrying value of approximately $129.2 million and $142.5 million at March 31, 2017 and December 31, 2016, respectively, were pledged to secure public deposits, securities sold under agreements to repurchase, Federal Reserve Bank discount window borrowings, Federal Home Loan Bank advances and for other purposes required or permitted by law. As of March 31, 2017 and December 31, 2016, 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, 2017
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, December 30, 2014 and October 15, 2014, each with a respective notional amount of $25 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, 2017, December 31, 2016 and March 31, 2016 are presented in the following table. March 31, December 31, March 31, (dollars in thousands) 2017 2016 2016 Notional amount $ 75,000 $ 75,000 $ 75,000 Weighted average pay rates 1.58 % 1.59 % 1.57 % Weighted average receive rates 1.00 % 0.69 % 0.56 % Weighted average maturity 2.5 years 2.8 years 3.6 years Fair value $ 248 $ 88 $ (1,568 ) Interest expense recorded on these swap transactions totaled approximately $108 thousand for the three months ended March 31, 2017 and $191 thousand for the three months ended March 31, 2016. 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, 2017 Amount of gain Amount of gain Amount of gain (loss) (loss) recognized (loss) reclassified recognized in other in OCI (Effective from OCI to Noninterest income (dollars in thousands) Portion) interest income (Ineffective Portion) Interest rate contracts $ 160 $ - $ - Three Months Ended March 31, 2016 Amount of gain Amount of gain Amount of gain (loss) (loss) recognized (loss) reclassified recognized in other in OCI (Effective from OCI to Noninterest income (dollars in thousands) Portion) interest income (Ineffective Portion) Interest rate contracts $ (1,437 ) $ - $ - The following table reflects the cash flow hedges included in the consolidated statements of condition as of March 31, 2017 and December 31, 2016: March 31, 2017 December 31, 2016 Notional Notional (dollars in thousands) Amount Fair Value Amount Fair Value Interest rate swaps related to FHLB advances included in assets $ 75,000 $ 248 $ 75,000 $ 88

Loans and the Allowance for Loa

Loans and the Allowance for Loan Losses	3 Months Ended
	Mar. 31, 2017
Receivables [Abstract]
Loans and the Allowance for Loan and Lease Losses	Note 6. Loans and the Allowance for Loan Losses Loans 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, premiums and discounts related to purchase accounting, and an allowance for loan 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, 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: commercial, commercial real estate, commercial construction, residential real estate (including home equity) and consumer. The recognition of interest income on commercial, commercial real estate, commercial construction and residential loans is 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 our 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 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. Loans Held-for-Sale Residential mortgage loans, originated and intended for sale in the secondary market, are carried at the lower of aggregate cost or estimated fair value as determined by outstanding commitments from investors. For these loans originated and intended for sale, gains and losses on loan sales (sale proceeds minus carrying value) are recorded in other income and direct loan origination costs and fees are deferred at origination of the loan and are recognized in other income upon sale of the loan. Other loans held-for-sale are carried at the lower of aggregate cost or estimated fair value. A portion of these loans, taxi medallion loans, have no material observable trading in any market. Fair value is established with considerations for a range of market participant indications, for all or parts of these loans, and discounted cash flow analyses, which have significant unobservable inputs. See Note 7 for further discussion. Net unrealized losses, if any, are recorded as a valuation allowance and charged to earnings. Allowance for Loan losses The allowance for loan 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 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. 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. TDRs 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 TDR is considered to be a collateral dependent loan, the loan is reported, net, at the fair value of the collateral. For TDRs that subsequently default, the Company determines the amount of reserve in accordance with the accounting policy for the allowance for loan 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 and with the exogenous factor adjustments based on the risks present for each loan category. These exogenous factors 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 acquires 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 their estimated fair value, such that there is no carryover of the seller’s allowance for loan losses. After acquisition, probable incurred credit losses are recognized by an increase in the allowance for loan losses. Such purchased credit-impaired loans (“PCI”) are identified on an individual basis. 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. 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. Loans held-for-sale The following table presents loans held-for-sale by loan segment: March 31, December 31, 2017 2016 (in thousands) Commercial $ 61,319 $ 70,105 Commercial real estate - 7,712 Residential real estate 936 188 Total carrying amount $ 62,255 $ 78,005 As of March 31, 2017 and December 31, 2016, the commercial loans held-for-sale segment included the Company’s entire taxi medallion portfolio, with a carrying value of $61.3 million and $65.6 million, net of $2.6 million and $-0- million valuation allowance, respectively. Activity in the valuation allowance was as follows for the following periods: March 31, December 31, 2017 2016 (in thousands) Beginning balance $ - $ - Increase to valuation allowance 2,600 - Ending balance $ 2,600 $ - Loans receivable The following table sets forth the composition of the Company’s loan portfolio, including net deferred loan fees, at March 31, 2017 and December 31, 2016: March 31, December 31, 2017 2016 (in thousands) Commercial $ 541,690 $ 553,576 Commercial real estate 2,326,834 2,204,710 Commercial construction 460,611 486,228 Residential real estate 242,883 232,547 Consumer 2,811 2,380 Gross loans 3,574,829 3,479,441 Net deferred loan fees (3,166 ) (3,609 ) Total loans receivable $ 3,571,663 $ 3,475,832 At March 31, 2017 and December 31, 2016 loan balances of approximately $1.8 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 recorded investment of those loans is as follows at March 31, 2017 and December 31, 2016. March 31, December 31, 2017 2016 (in thousands) Commercial $ 7,827 $ 7,098 Commercial real estate 290 982 Total purchased credit-impaired loans $ 8,117 $ 8,080 For those purchased loans disclosed above, the Company did not increase the allowance for loan losses during both the three months ended March 31, 2017 and March 31, 2016. No allowances for loan losses were reversed during the three months ended March 31, 2017 and March 31, 2016. The accretable yield, or income expected to be collected, on the purchased credit-impaired loans above is as follows for the following periods: Three Months Three Months Ended Ended March 31, March 31, 2017 2016 (in thousands) Balance at beginning of period $ 2,860 $ 3,599 Accretion of income (186 ) (739 ) Balance at end of period $ 2,674 $ 2,860 Loans Receivable on Nonaccrual Status The following tables presents nonaccrual loans included in loans receivable by loan segment as of the periods presented: March 31, December 31, 2017 2016 (in thousands) Commercial $ 1,208 $ 1,460 Commercial real estate 7,487 1,081 Residential real estate 4,095 3,193 Total loans receivable on nonaccrual status $ 12,790 $ 5,734 Nonaccrual loans and loans 90 days or greater past due and still accruing include both smaller balance homogeneous loans that are collectively evaluated for impairment and loans individually evaluated for impairment. The Company continuously monitors the credit quality of its loans receivable. In addition to its internal monitoring, the Company utilizes the services of a third-party loan review firm to periodically validate the credit quality of its loans receivable on a sample basis. 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. All loans past due 90 days or greater and all impaired loans are included in the appropriate category below. Credit Quality Indicators The following table presents information, excluding loans held-for-sale and net deferred loan fees, about the Company’s loan credit quality at March 31, 2017 and December 31, 2016: March 31, 2017 Special Pass Mention Substandard Doubtful Total (in thousands) Commercial $ 528,596 $ 3,102 $ 9,992 $ - $ 541,690 Commercial real estate 2,276,333 29,930 20,571 - 2,326,834 Commercial construction 455,446 2,670 2,495 - 460,611 Residential real estate 238,643 - 4,240 - 242,883 Consumer 2,754 - 57 - 2,811 Gross loans $ 3,501,772 $ 35,702 $ 37,355 $ - $ 3,574,829 December 31, 2016 Special Pass Mention Substandard Doubtful Total (in thousands) Commercial $ 539,961 $ 3,255 $ 10,360 $ - $ 553,576 Commercial real estate 2,154,343 31,173 19,194 - 2,204,710 Commercial construction 480,319 3,388 2,521 - 486,228 Residential real estate 228,990 - 3,557 - 232,547 Consumer 2,318 - 62 - 2,380 Gross loans $ 3,405,931 $ 37,816 $ 35,694 $ - $ 3,479,441 The following table provides an analysis of the impaired loans by segment as of March 31, 2017 and December 31, 2016: Ma r ch 31, 2017 Unpaid R ecorded Principal Related In v estment Balance Allowance No related allowance recorded (in thousands) Comme r cial $ 3,175 $ 3,175 Comme r cial real estate 16,394 16,403 Comme r cial constructi o n 4,245 4,271 Residen t ial real estate 976 1,177 Consum er 57 57 Total $ 24,847 $ 25,083 With an allowance recorded Comme r cial real estate $ 780 $ 1,193 $ 96 Total Comme r cial $ 3,175 $ 3,175 $ - Comme r cial real estate 17,174 17,596 96 Comme r cial constructi o n 4,245 4,271 - Residen t ial real estate 976 1,177 - Consum er 57 57 - Total ( i ncluding allo w ance) $ 25,627 $ 26,276 $ 96 Dece m ber 31, 2016 Unpaid R ecorded Principal Related In v estment Balance Allowance No related allowance recorded (in thousands) Comme r cial $ 3,637 $ 4,063 Comme r cial real estate 18,288 18,288 Comme r cial constructi o n 5,909 5,909 Residen t ial real estate 1,851 2,055 Consum er 62 62 Total $ 29,747 $ 30,377 With an allowance rec o Comme r cial $ 1,244 $ 1,245 $ 145 Total Comme r cial $ 3,637 $ 4,063 $ - Comme r cial real estate 19,532 19,532 145 Comme r cial constructi o n 5,909 5,909 - Residen t ial real estate 1,851 2,055 - Consum er 62 62 - Total ( i ncluding allo w ance) $ 30,991 $ 31,621 $ 145 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 ended March 31, 2017 and 2016 (in thousands): Three Months Ended March 31, 2017 2016 Average Interest Average Interest Recorded Income Recorded Income Investment Recognized Investment Recognized Impaired loans with no related allowance recorded Commercial $ 2,884 $ 39 $ 2,591 $ 24 Commercial real estate 16,450 106 15,274 25 Commercial construction 4,269 50 2,307 16 Residential real estate 986 2 4,107 5 Consumer 59 1 84 1 Total $ 24,648 $ 198 $ 24,363 $ 71 Impaired loans with an allowance recorded Commercial $ - $ - $ 83,759 $ 737 Commercial real estate 783 5 - - Total $ 783 $ 5 $ 83,759 $ 737 Total impaired loans Commercial $ 2,884 $ 39 $ 86,350 $ 761 Commercial real estate 17,233 111 15,274 25 Commercial construction 4,269 50 2,307 16 Residential real estate 986 2 4,107 5 Consumer 59 1 84 1 Total $ 25,431 $ 203 $ 108,122 $ 808 Included in impaired loans at March 31, 2017 and December 31, 2016 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 gross loans (excluding loans held-for-sale) that are past due at March 31, 2017 and December 31, 2016 by segment: Aging Analysis March 31, 2017 90 Days or Greater Past Total Past 30-59 Days 60-89 Days Due and Still Due and Total Loans Past Due Past Due Accruing Nonaccrual Nonaccrual Current Receivable (in thousands) Commercial $ - $ - $ 5,423 $ 1,208 $ 6,631 $ 535,059 $ 541,690 Commercial real estate 3,649 444 - 7,487 11,580 2,315,254 2,326,834 Commercial construction - - - - - 460,611 460,611 Residential real estate 1,670 6 - 4,095 5,711 237,112 242,883 Consumer 9 1 - - 10 2,801 2,811 Total $ 5,328 $ 451 $ 5,423 $ 12,790 $ 23,992 $ 3,550,837 $ 3,574,829 December 31, 2016 90 Days or Greater Past Total Past 30-59 Days 60-89 Days Due and Still Due and Total Loans Past Due Past Due Accruing Nonaccrual Nonaccrual Current Receivable Commercial $ 475 $ 18 $ 4,630 $ 1,460 $ 6,583 $ 546,993 $ 553,576 Commercial real estate 4,928 1,584 663 1,081 8,256 2,196,454 2,204,710 Commercial construction - - - - - 486,228 486,228 Residential real estate 2,131 388 - 3,193 5,712 226,835 232,547 Consumer - - - - - 2,380 2,380 Total $ 7,534 $ 1,990 $ 5,293 $ 5,734 $ 20,551 $ 3,458,890 $ 3,479,441 Included in the 90 days and still accruing/accreting category as of both March 31, 2017 and December 31, 2016 are three purchased credit-impaired loans, net of their fair value marks, which are accreting income per their valuation at date of acquisition. The following tables detail, at the period-end presented, the amount of gross loans (excluding loans held-for-sale) that are evaluated individually, and collectively, for impairment, those acquired with deteriorated quality, and the related portion of the allowance for loan losses that are allocated to each loan portfolio segment: March 31, 2017 Commercial Commercial Residential Commercial real estate construction real estate Consumer Unallocated Total (in thousands) Allowance for loan losses Individually evaluated for impairment $ - $ 96 $ - $ - $ - $ - $ 96 Collectively evaluated for impairment 6,667 13,472 4,574 1,008 3 531 26,255 Acquired portfolio - 550 - - - - 550 Acquired with deteriorated credit quality - - - - - - - Total allowance for loan losses $ 6,667 $ 14,118 $ 4,574 $ 1,008 $ 3 $ 531 $ 26,901 Gross loans Individually evaluated for impairment $ 2,862 $ 17,174 $ 4,245 $ 976 $ 57 $ 25,314 Collectively evaluated for impairment 510,263 1,806,502 455,574 175,973 2,243 2,950,555 Acquired portfolio 20,738 502,868 792 65,934 511 590,843 Acquired with deteriorated credit quality 7,827 290 - - - 8,117 Total gross loans $ 541,690 $ 2,326,834 $ 460,611 $ 242,883 $ 2,811 $ 3,574,829 December 31, 2016 Commercial Commercial Residential Commercial real estate construction real estate Consumer Unallocated Total (in thousands) Allowance for loan losses Individually evaluated for impairment $ - $ 145 $ - $ - $ - $ - $ 145 Collectively evaluated for impairment 6,632 12,438 4,789 958 3 779 25,599 Acquired portfolio - - - - - - - Acquired with deteriorated credit quality - - - - - - - Total allowance for loan losses $ 6,632 $ 12,583 $ 4,789 $ 958 $ 3 $ 779 $ 25,744 Gross loans Individually evaluated for impairment $ 3,637 $ 19,532 $ 5,909 $ 1,851 $ 62 $ 30,991 Collectively evaluated for impairment 517,869 1,621,745 478,865 163,686 1,757 2,783,922 Acquired portfolio 24,972 562,451 1,454 67,010 561 656,448 Acquired with deteriorated credit quality 7,098 982 - - - 8,080 Total gross loans $ 553,576 $ 2,204,710 $ 486,228 $ 232,547 $ 2,380 $ 3,479,441 The Company’s allowance for loan 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 losses methodology as disclosed in the Company’s Annual Report on Form 10-K for the year ended December 31, 2016. A summary of the activity in the allowance for loan losses is as follows: Three Months Ended March 31, 2017 Commercial Commercial Commercial Residential Consumer Unallocated Total (in thousands) Balance at December 31, 2016 $ 6,632 $ 12,583 $ 4,789 $ 958 $ 3 $ 779 $ 25,744 Charge-offs - (71 ) - - (1 ) - (72 ) Recoveries 126 3 - - - - 129 Provision (91 ) 1,603 (215 ) 50 1 (248 ) 1,100 Balance at March 31, 2017 $ 6,667 $ 14,118 $ 4,574 $ 1,008 $ 3 $ 531 $ 26,901 Three Months Ended March 31, 2016 Commercial Commercial Commercial Residential 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 Trouble Debt Restructurings Loans are considered to have been modified in a troubled debt restructuring (“TDRs”) when due to a borrower’s financial difficulties, the Company makes certain concessions to the borrower that it would not otherwise consider. Modifications may include interest rate reductions, principal or interest forgiveness, forbearance, and other actions intended to minimize economic loss and to avoid foreclosure or repossession of collateral. Generally, a nonaccrual loan that has been modified in a troubled debt restructuring remains on nonaccrual status for a period of six months to demonstrate that the borrower is able to meet the terms of the modified loan. However, performance prior to the modification, or significant events that coincide with the modification, are included in assessing whether the borrower can meet the new terms and may result in the loan being returned to accrual status at the time of loan modification or after a shorter performance period. If the borrower’s ability to meet the revised payment schedule is uncertain, the loan remains on nonaccrual status. At March 31, 2017, there were no commitments to lend additional funds to borrowers whose loans were on nonaccrual status or were contractually past due 90 days or greater and still accruing interest, or whose terms have been modified in troubled debt restructurings. The following table presents a rollforward of loans modified as troubled debt restructurings and the related changes to the allowance for loan losses that occurred during the three months ended March 31, 2017 and for the year ended December 31, 2016 (dollars in thousands) : March 31, 2017 December 31, 2016 Recorded Recorded Investment ALLL Investment ALLL Trouble Debt Restructurings Beginning balance $ 13,818 $ - $ 86,629 $ 4,500 Additions 2,793 - 26,325 8,250 Payoffs/paydowns (1,133 ) - (2,616 ) - Transfers (580 ) - (96,520 ) - Other - - - (12,750 ) Ending balance 14,898 - $ 13,818 $ - Loans modified in troubled debt restructurings totaled $14.9 million at March 31, 2017, of which $4.9 million were on nonaccrual status and $10.0 million were performing under restructured terms. At December 31, 2016 modified in troubled debt restructurings totaled $13.8 million, of which $0.5 million were on nonaccrual status and $13.3 million were performing under restructured terms. The following table presents loans by segment modified as troubled debt restructurings that occurred during the three months ended March 31, 2017 (dollars in thousands): Pre-Modification Post-Modification Outstanding Outstanding Number of Recorded Recorded Loans Investment Investment Troubled debt restructurings: Commercial real estate 1 $ 2,775 $ 2,775 Residential real estate 1 18 18 Total 2 $ 2,793 $ 2,793 There were no charge-offs in connection with a loan modification at the time of modification during three months ended March 31, 2017. 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, 2017. 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 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 consisted of interest rate deductions 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 leases 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.

Fair Value Measurements and Fai

Fair Value Measurements and Fair Value of Financial Instruments	3 Months Ended
	Mar. 31, 2017
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. 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: Unadjusted quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities. Level 2: Quoted prices for similar assets and liabilities in active markets, and inputs that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the financial instrument. Level 3: Prices or valuation techniques that require inputs that are both significant to the fair value measurement and unobservable (for example, supported with little or no market activity). 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. Assets and Liabilities Measured at Fair Value on a Recurring Basis 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, 2017 and December 31, 2016: 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. 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, 2017 and December 31, 2016 are as follows: March 31, 2017 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) (dollars in thousands) Recurring fair value measurements: Assets Securities: Available-for-sale: Federal agency obligations $ 56,650 $ - $ 56,650 $ - Residential mortgage pass- through securities 104,471 - 104,471 - Commercial mortgage pass- through securities 4,185 - 4,185 - Obligations of U.S. states and political subdivision 125,006 - 106,906 18,100 Trust preferred securities 4,542 - 4,542 - Corporate bonds and notes 30,547 - 30,547 - Asset-backed securities 13,969 - 13,969 - Certificates of deposit 981 - 981 - Equity securities 608 608 - - Other securities 11,517 11,517 - - Total available-for-sale $ 352,476 $ 12,125 $ 322,251 $ 18,100 Derivatives 248 - 248 - Total Assets $ 352,724 $ 12,125 $ 322,499 $ 18,100 December 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) (dollars in thousands) Recurring fair value measurements: Assets Securities: Available-for-sale: Federal agency obligations $ 52,837 $ - $ 52,837 $ - Residential mortgage pass- through securities 72,497 - 72,497 - Commercial mortgage pass- through securities 4,209 - 4,209 - Obligations of U.S. states and political subdivision 150,605 - 132,387 18,218 Trust preferred securities 5,666 - 5,666 - Corporate bonds and notes 36,928 - 36,928 - Asset-backed securities 14,583 - 14,583 - Certificates of deposit 983 - 983 - Equity securities 568 568 - - Other securities 14,414 14,414 - - Total available-for-sale $ 353,290 $ 14,982 $ 320,090 $ 18,218 Derivatives 88 - 88 - Total assets $ 353,378 $ 14,982 $ 320,178 $ 18,218 There were no transfers between Level 1 and Level 2 during the quarter ended March 31, 2017 and during the year ended December 31, 2016. 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 non-recurring 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 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, 2017 and December 31, 2016: Loans Held-for-Sale Residential mortgage loans, originated and intended for sale in the secondary market, are carried at the lower of aggregate cost or estimated fair value as determined by outstanding commitments from investors. For these loans originated and intended for sale, gains and losses on loan sales (sale proceeds minus carrying value) are recorded in other income and direct loan origination costs and fees are deferred at origination of the loan and are recognized in other income upon sale of the loan. Management obtains quotes or bids on all or part of these loans directly from the purchasing financial institutions (Level 2). Other loans held-for-sale are carried at the lower of aggregate cost or estimated fair value. A portion of these loans, taxi medallion loans, have no material observable trading in any market. The approach to determining fair value involved several steps, including a detailed collateral analysis of the underlying medallions, performance projections for individual loans, discounted cash flow modeling and consideration of indicative bids, which at March 31, 2017 did not necessarily contemplate whole loan sales (Level 3). Impaired Loans The Company may record adjustments to the carrying value of loans based on fair value measurements, generally as partial charge-offs of the uncollectible portions of these loans. These adjustments also include certain impairment amounts for collateral dependent loans calculated in accordance with GAAP. Impairment amounts are generally based on the fair value of the underlying collateral supporting the loan and, as a result, the carrying value of the loan less the calculated impairment amount applicable to that loan does not necessarily represent the fair value of the loan. Real estate collateral is valued using independent appraisals or other indications of value based on recent comparable sales of similar properties or assumptions generally observable by market participants. However, due to the substantial judgment applied and limited volume of activity as compared to other assets, fair value is based on Level 3 inputs. Estimates of fair value used for collateral supporting commercial loans generally are based on assumptions not observable in the market place and are also based on Level 3 inputs. For assets measured at fair value on a non-recurring basis, the fair value measurements at March 31, 2017 and December 31, 2016 are as follows: 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: 2017 (Level 1) (Level 2) (Level 3) Impaired loans: (in thousands) Commercial real estate $ 685 $ - $ - $ 685 Loans held-for-sale: Commercial 61,319 - - 61,319 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: 2016 (Level 1) (Level 2) (Level 3) Impaired loans: (in thousands) Commercial real estate $ 1,099 $ - $ - $ 1,099 Loans held-for-sale: Commercial 70,105 - 4,509 65,596 Commercial real estate 7,712 - 7,712 - Impaired Loans – Collateral dependent impaired loans at March 31, 2017 that required a valuation allowance were $0.8 million with a related valuation allowance of $0.1 million compared to $1.2 million with a related valuation allowance of $0.1 million at December 31, 2016. Assets Measured With Significant Unobservable Level 3 Inputs Recurring basis The tables below present a reconciliation of all assets measured at fair value of a recurring basis using significant unobservable inputs (Level 3) for the three months ended March 31, 2017 and year ended December 31, 2016 (dollars in thousands): Municipal Securities Beginning balance, January 1, 2017 $ 18,218 Other (1) - Principal paydowns (118 ) Ending balance, March 31, 2017 $ 18,100 Municipal Securities Beginning balance, January 1, 2016 $ - Other (1) 18,335 Principal paydowns (117 ) Ending balance, December 31, 2016 $ 18,218 (1) Includes transfers from held-to-maturity to available-for-sale designation 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, 2017 and December 31, 2016. The table below provides quantitative information about significant unobservable inputs used in fair value measurements within Level 3 hierarchy. March 31, 2017 Valuation Unobservable (dollars in thousands) Fair Value Techniques Input Range Securities available-for-sale: Municipal securities $ 18,100 Discounted Cash Discount Rate 2.8% Flows December 31, 2016 Valuation Unobservable (dollars in thousands) Fair Value Techniques Input Range Securities available-for-sale: Municipal securities $ 18,218 Discounted Cash Discount Rate 2.8% Flows Non-recurring basis 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 for the periods presented. The tables below provide quantitative information about significant unobservable inputs used in fair value measurements within Level 3 hierarchy. March 31, 2017 Valuation Techniques Unobservable (dollars in thousands) Fair Value (weightings) Input Range (weighted average) Impaired loans : Commercial real $ 685 Appraisals of Comparable sales 0% - 15% (6%) estate collateral value Loans held-for-sale: Commercial taxi $ 61,319 Market approach Indications under securitized 37 - 100 (56) medallion loans (70%) transactions expressed as a price to unpaid principal balance Discounted cash flows (30%) Discount Rate 14% December 31, 2016 Valuation Techniques Unobservable (dollars in thousands) Fair Value (weightings) Input Range (weighted average) Impaired loans : Commercial real $ 1,099 Appraisals of Comparable sales 0% - 15% (6%) estate collateral value Loans held-for-sale: Commercial taxi $ 65,596 Market approach Indications under securitized 40 - 100 (59) medallion loans (70%) transactions expressed as a price to unpaid principal balance Discounted cash flows (30%) Discount Rate 14% 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 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. The carrying amounts of cash and short-term instruments approximate fair values. FHLB stock. It is not practical to determine the fair value of FHLB stock due to restrictions placed on its transferability. Loans. Deposits. The carrying amounts of deposits with no stated maturities (i.e., noninterest-bearing, savings, NOW, and money market deposits) are assigned fair values equal to the carrying amounts payable on demand. The fair value of time deposits is based on the discounted value of contractual cash flows using estimated rates currently offered for alternative funding sources of similar remaining maturity. Term Borrowings and Subordinated Debentures . The fair value of the Company’s long-term borrowings and subordinated debentures were calculated using a discounted cash flow approach and applying discount rates currently offered based on weighted remaining maturities. Accrued Interest Receivable/Payable. The carrying amounts of accrued interest approximate fair value resulting in a level 2 or level 3 classification based on the level of the asset or liability with which the accrual is associated. 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, 2017 and December 31, 2016: 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, 2017 Financial assets: Cash and due from banks $ 161,869 $ 161,869 $ 161,869 $ - $ - Securities available-for-sale 352,476 352,476 12,125 322,251 18,100 Restricted investment in bank stocks 24,985 n/a n/a n/a n/a Loans held-for-sale 62,255 62,255 - 936 61,319 Net loans 3,544,762 3,554,778 - - 3,554,778 Derivatives 248 248 - 248 - Accrued interest receivable 12,701 12,701 - 1,555 11,146 Financial liabilities: Noninterest-bearing deposits 671,183 671,183 671,183 - - Interest-bearing deposits 2,684,294 2,684,132 1,714,491 969,641 - Borrowings 491,226 492,818 - 492,818 - Subordinated debentures 54,575 56,040 - 56,040 - Accrued interest payable 3,783 3,783 - 3,783 - December 31, 2016 Financial assets: Cash and due from banks $ 200,399 $ 200,399 $ 200,399 $ - $ - Securities available-for-sale 353,290 353,290 14,982 320,090 18,218 Restricted investment in bank stocks 24,310 n/a n/a n/a n/a Loans held-for-sale 78,005 78,005 - 12,409 65,596 Net loans 3,450,088 3,462,138 - - 3,462,138 Derivatives 88 88 - 88 - Accrued interest receivable 12,965 12,965 - 2,026 10,939 Financial liabilities: Noninterest-bearing deposits 694,977 694,977 694,977 - - Interest-bearing deposits 2,649,294 2,649,717 1,681,044 968,673 - Borrowings 476,280 478,286 - 478,286 - Subordinated debentures 54,534 55,901 - 55,901 - Accrued interest payable 4,142 4,142 - 4,142 - 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. The fair value of commitments to originate loans is immaterial and not included in the tables above. 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, such as 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.

Other Comprehensive Income (Los

Other Comprehensive Income (Loss)	3 Months Ended
	Mar. 31, 2017
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Accumulated Other Comprehensive Income/(Loss)	Note 8. Other Comprehensive Income (Loss) The following represents the reclassifications out of accumulated other comprehensive (loss) income for the periods presented: Affected Line item in the Details about Accumulated Other Amounts Reclassified from Accumulated Statement Where Net Income is Comprehensive Income Components Other Comprehensive Income/(Loss) Presented Three Months Ended March 31, 2017 2016 Net gains on sales of securities Sale of securities available-for-sale $ 1,596 $ - available for sale (579 ) - Income tax expense 1,017 - Amortization of pension plan net actuarial losses (103 ) (102 ) Salaries and employee benefits 42 41 Income tax benefit (61 ) (61 ) Total reclassification $ 956 $ (61 ) Accumulated other comprehensive loss (net of tax) at March 31, 2017 and December 31, 2016 consisted of the following: March 31, December 31, 2017 2016 (dollars in thousands) Securities available-for-sale, net of tax $ 337 $ 933 Cash flow hedge, net of tax 147 52 Defined benefit pension and post-retirement plans, net of tax (3,771 ) (3,831 ) Total accumulated other comprehensive loss $ (3,287 ) $ (2,846 )

Stock-Based Compensation

Stock-Based Compensation	3 Months Ended
	Mar. 31, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock-Based Compensation	Note 9. Stock-Based Compensation The Company maintains two 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, 2017 are 68,516 under the 2009 Equity Incentive Plan and 53,431 shares under the North Jersey Community Bancorp 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 three 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, 2017 or 2016. During quarters ended March 31, 2017 and 2016, 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 January 1 of the year of issuance. Under the grant agreements, 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 agreements. At March 31, 2017, the specific number of shares related to performance unit awards that were expected to vest was 151,194, 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. At March 31, 2017 the maximum amount of performance units that ultimately could vest if performance targets were exceeded is 226,791. Option activity under the Company’s option plans as of and for the three months ended March 31, 2017 were as follows: Weighted- Average Weighted- Remaining Average Contractual Exercise Term Aggregate Shares Price (In Years) Intrinsic Value Outstanding at December 31, 2016 354,467 $ 6.26 Granted - - Exercised - - Forfeited/cancelled/expired - - Outstanding at March 31, 2017 354,467 $ 6.26 2.37 $ 6,377,515 Exercisable at March 31, 2017 350,937 $ 6.18 2.32 $ 6,342,180 The aggregate intrinsic value of outstanding and exercisable options above represents the total pre-tax intrinsic value (the difference between the Company’s closing stock price on March 31, 2017 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, 2017. This amount changes based on the fair market value of the Parent Corporation’s stock. There were no options exercised during the three months ended March 31, 2017. The below table represents information regarding restricted shares currently outstanding at March 31, 2017: Weighted- Average Nonvested Grant Date Shares Fair Value Nonvested at December 31, 2016 111,273 $ 16.81 Granted 56,164 23.82 Vested (65,359 ) 16.46 Forfeited/cancelled/expired - - Nonvested at March 31, 2017 102,078 $ 20.35 As of March 31, 2017, there was $1,920,809 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 2.0 years. 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 Units Units Date Fair (expected) (maximum) Value Unearned at December 31, 2016 151,572 189,455 $ 18.47 Awarded 24,891 37,336 22.75 Forfeited - - - Adjustments (25,269 ) - 18.47 Unearned at March 31, 2017 151,194 226,791 $ 19.19 At March 31, 2017, compensation cost of $1,216,882 related to non-vested performance unit awards not yet recognized is expected to be recognized over a weighted-average period of 1.6 years. Effective January 1, 2017, the Company implemented ASU 2016-09,” Compensation - Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment. Under ASU 2016-09 all excess tax benefits and tax deficiencies related to share-based payment awards should be recognized as income tax expense or benefit in the income statement during the period in which they occur. Included in income tax expense for the first quarter of 2017 is a benefit of $133 thousand which resulted from the effect of implementing ASU 2016-09.

Components of Net Periodic Pens

Components of Net Periodic Pension Cost	3 Months Ended
	Mar. 31, 2017
Retirement Benefits [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, 2017 2016 Interest cost $ 119 $ 128 Expected return on plan assets (160 ) (136 ) Net amortization 103 102 Total periodic pension expense $ 62 $ 94 Amortization of actuarial loss $ (101 ) $ (101 ) Total recognized in other comprehensive income $ (101 ) $ (101 ) Total recognized in net periodic expense and other comprehensive income (before tax) $ (39 ) $ (7 ) Contributions The Company did not make any contributions during the first quarter of 2017. The Company does not plan on contributing amounts to the Pension Trust for the remainder of 2017. 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 Borrowings

FHLB Borrowings	3 Months Ended
	Mar. 31, 2017
Federal Home Loan Bank, Advances, General Debt Obligations, Disclosures [Abstract]
FHLB Borrowings	Note 11 – FHLB Borrowings The Company’s FHLB borrowings and weighted average interest rates are summarized below: March 31, 2017 December 31, 2016 Amount Rate Amount Rate (dollars in thousands) Total FHLB borrowings $ 476,226 1.55 % $ 461,280 1.55 % By remaining period to maturity: Less than 1 year $ 281,226 1.11 % $ 231,280 1.02 % 1 year through less than 2 years 105,000 1.96 % 130,000 1.84 % 2 years through less than 3 years 50,000 1.66 % 35,000 1.60 % 3 years through less than 4 years 40,000 3.43 % 65,000 2.82 % Four to five years - - - Total FHLB borrowings $ 476,226 1.55 % $ 461,280 1.55 % 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. Three of the FHLB advances ($2.5 million and $7.5 million each due April 2, 2018, and $5.0 million 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. The advances at March 31, 2017 were primarily collateralized by approximately $1.3 billion of commercial mortgage loans, net of required over collateralization amounts, under a blanket lien arrangement. At March 31, 2017 the Company had remaining borrowing capacity at FHLB of approximately $748 million.

Securities Sold under Agreement

Securities Sold under Agreements to Repurchase	3 Months Ended
	Mar. 31, 2017
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 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) 2017 2016 2016 Average daily balance during the year-to-date $ 15,000 $ 15,000 $ 15,000 Average interest rate during the year-to-date 5.95 % 5.95 % 5.95 % Maximum month end balance during the year-to-date $ 15,000 $ 15,000 $ 15,000 Weighted average interest rate during the year-to-date 5.95 % 5.95 % 5.95 % The table below shows the remaining contractual maturity of agreement by fair value of collateral pledged: March 31, 2017 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 $ - $ - $ - $ - $ - Residential mortgage pass-through securities - - 18,143 - 18,143 Total borrowings $ - $ - $ 18,143 $ - $ 18,143 Amounts related to agreements not included in offsetting disclosure in Note 14: $ 3,143 December 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 $ - $ - $ - $ - $ - Residential mortgage pass-through securities - - - 16,826 16,826 Total borrowings $ - $ - $ - $ 16,826 $ 16,826 Amounts related to agreements not included in offsetting disclosure in Note 14: $ 1,826 The fair value of securities pledged to secure repurchase agreements may decline. By contractual agreement, the fair value of securities pledged to secure repurchase agreements must meet or exceed the gross outstanding balance by 8%, or be subject to margin calls. Securities sold under agreements to repurchase are secured by securities with a carrying amount of $18.1 million and $16.8 million at March 31, 2017 and December 31, 2016.

Subordinated Debentures

Subordinated Debentures	3 Months Ended
	Mar. 31, 2017
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, 2017 was 3.89%. 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, 2017 and December 31, 2016. 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”). 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, 2017, unamortized costs related to the debt issuance was approximately $580,000.

Offsetting Assets and Liabiliti

Offsetting Assets and Liabilities	3 Months Ended
	Mar. 31, 2017
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 Note 5. 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 securities account, therefore there is no offsetting or netting of the securities assets with the repurchase agreement liability. The following table presents information about financial instruments that are eligible for offset as of March 31, 2017 and December 31, 2016: Gross Amounts Not Offset Gross Amounts Net Amounts of Cash or Offset in the Assets Presented in Financial Financial Gross Amounts Statement of the Statement of Instruments Instrument Net Recognized Financial Position Financial Position Recognized Collateral Amount (in thousands) March 31, 2017 Assets: Interest rate swaps $ 248 $ - $ 248 $ - $ - $ 248 Liabilities: Repurchase agreements $ 15,000 $ - $ 15,000 $ - $ 15,000 $ - December 31, 2016 Assets: Interest rate swaps $ 88 $ - $ 88 $ - $ - $ 88 Liabilities: Repurchase agreements $ 15,000 $ - $ 15,000 $ - $ 15,000 $ -

New Authoritative Accounting 23

New Authoritative Accounting Guidance (Policies)	3 Months Ended
	Mar. 31, 2017
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]
New Authoritative Accounting Guidance	ASU No. 2017-08, “' Receivables—Nonrefundable Fees and Other Costs (Subtopic 310-20), Premium Amortization on Purchased Callable Debt Securities .” ASU No. 2017-08 shortens the amortization period for certain callable debt securities held at a premium. Specifically, the amendments require the premium to be amortized to the earliest call date. The amendments do not require an accounting change for securities held at a discount; the discount continues to be amortized to maturity. ASU 2017-08 will be effective for us on January 1, 2019 and we are currently evaluating this ASU to determine the impact on our consolidated financial statements. ASU No. 2017-07, “ 'Compensation — Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost .” ASU No. 2017-07 requires that an employer report the service cost component in the same line item or items as other compensation costs arising from services rendered by the pertinent employees during the period. The other components of net benefit cost are required to be presented in the income statement separately from the service cost component and outside a subtotal of income from operations, if one is presented. If a separate line item or items are used to present the other components of net benefit cost, that line item or items must be appropriately described. If a separate line item or items are not used, the line item or items used in the income statement to present the other components of net benefit cost must be disclosed. The amendments also allow only the service cost component to be eligible for capitalization when applicable (e.g., as a cost of internally manufactured inventory or a self-constructed asset). ASU 2017-08 will be effective for us on January 1, 2018 and we are currently evaluating this ASU to determine the impact on our consolidated financial statements. ASU No. 2017-04, “Intangibles – Goodwill and Other (Topic 350).” ASU 2017-04 aims to simplify the subsequent measurement of goodwill. Under these amendments, an entity should perform its annual, or interim, goodwill impairment test by comparing the fair value of a reporting unit with its carrying amount. An entity should recognize an impairment charge for the amount by which the carrying amount exceeds the reporting unit’s fair value; however, the loss recognized should not exceed the total amount of goodwill allocated to that reporting unit. Additionally, an entity should consider income tax effects from any tax deductible goodwill on the carrying amount of the reporting unit when measuring the goodwill impairment loss, if applicable. The Board also eliminated the requirements for any reporting unit with a zero or negative carrying amount to perform a qualitative assessment. An entity is required to disclose the amount of goodwill allocated to each reporting unit with a zero or negative carrying amount of net assets and still has the option to perform the qualitative assessment for a reporting unit to determine if the quantitative impairment test is necessary. The amendments in this update are effective for public business entities for fiscal years beginning after December 15, 2019. We are currently evaluating this ASU to determine the impact on our consolidated financial statements. ASU No. 2017-01, “Business Combinations (Topic 805).” ASU 2017-01 provides a screen to determine when an asset is not a business. The screen requires that when substantially all of the fair value of the gross assets acquired (or disposed of) is concentrated in a single identifiable asset or a group of similar identifiable assets, the asset is not a business. This screen reduces the number of transactions that need to be further evaluated. The amendments in this update are effective for public business entities for fiscal years beginning after December 15, 2017, including interim periods within those fiscal years. The amendments in this update should be applied prospectively on or after the effective date. We are currently evaluating this ASU to determine the impact on our consolidated financial statements. ASU No. 2016-16, “ Income Taxes (Topic 740): Intra-Entity Transfers of Assets Other Than Inventory. ” ASU 2016-16 requires an entity to recognize the income tax consequences of an intra-entity transfer of an asset other than inventory when the transfer occurs. The ASU eliminates the exception for an intra-entity transfer of an asset other than inventory. The ASU does not include new disclosure requirements; however, existing disclosure requirements might be applicable when accounting for the current and deferred income taxes for an intra-entity transfer of an asset other than inventory. For public entities that are U.S. Securities and Exchange Commission (SEC) filers, the amendments in this update are effective for annual reporting periods beginning after December 15, 2017, including interim reporting periods within those annual reporting periods. We are currently evaluating this ASU to determine the impact on our consolidated financial statements. ASU No. 2016-15, “ Statement of Cash Flows (Topic 230) : Classification of Certain Cash Receipts and Cash Payments ” provides guidance on the following eight specific cash flow issues: (1) Debt prepayment or debt extinguishment costs; (2) Settlement of zero-coupon debt instruments or other debt instruments with coupon interest rates that are insignificant in relation to the effective interest rate of the borrowing; (3) Contingent consideration payments made after a business combination; (4) Proceeds from the settlement of insurance claims; (5) Proceeds from the settlement of corporate-owned life insurance policies, including bank-owned life insurance policies; (6) Distributions received from equity method investees; (7) Beneficial interests in securitization transactions; and (8) Separately identifiable cash flows and application of the predominance principle. The amendments in this Update are effective for public business entities for fiscal years beginning after December 15, 2017, and interim periods within those fiscal years. Early adoption is permitted, including adoption in an interim period. If an entity early adopts the amendments in an interim period, any adjustments should be reflected as of the beginning of the fiscal year that includes that interim period. An entity that elects early adoption must adopt all of the amendments in the same period. The amendments in this Update should be applied using a retrospective transition method to each period presented. If it is impracticable to apply the amendments retrospectively for some of the issues, the amendments for those issues would be applied prospectively as of the earliest date practicable. We are currently evaluating this ASU to determine the impact on our consolidated financial statements. ASU No. 2016-13, “ Financial Instruments – Credit Losses (Topic 326): Assets Measured at Amortized Cost.” ASU 2016- 13 requires a financial asset (or a group of financial assets) measured at amortized cost basis to be presented at the net amount expected to be collected. The amendments in this update replace the incurred loss impairment methodology in current GAAP with a methodology that reflects expected credit losses and requires consideration of a broader range of reasonable and supportable information to inform credit loss estimates and affects loans, debt securities, trade receivables, net investments in leases, off-balance-sheet credit exposures, reinsurance receivables, and any other financial assets not excluded from the scope that have the contractual right to receive cash. For public business entities that are U.S. Securities and Exchange Commission (SEC) filers, the amendments in this Update are effective for fiscal years beginning after December 15, 2019, including interim periods within those fiscal years. We are currently evaluating this ASU to determine the impact on our consolidated financial statements. ASU No. 2016-12,“ Revenue from Contracts with Customers (Topic 606): Narrow-Scope Improvements and Practical Expedients .”ASU 2016-12 was issued to clarify ASC Topic 606, “Revenue from Contracts with Customers” and to address narrow-scope improvements to the guidance on collectability, noncash consideration, and completed contracts at transition. Additionally, the amendments in this Update provide a practical expedient for contract modifications at transition and an accounting policy election related to the presentation of sales taxes and other similar taxes collected from customers. The effective date and transition of ASU 2016-12 is the same as the effective date and transition of ASU 2014-09, “Revenue from Contracts with Customers (Topic 606),” as discussed above. Although management continues to evaluate the potential impact of ASU 2014-09 on our consolidated financial statements at this time we believe the adoption of this standard will not have a significant impact to our consolidated financial statements. ASU No. 2016-10,“ Revenue from Contracts with Customers (Topic 606): Identifying Performance Obligations and Licensing.” ASU 2016-10 was issued to clarify ASC Topic 606, “Revenue from Contracts with Customers” related to (i) identifying performance obligations; and (ii) the licensing implementation guidance. The effective date and transition of ASU 2016-10 is the same as the effective date and transition of ASU 2014-09, “Revenue from Contracts with Customers (Topic 606),” as discussed above. Although management continues to evaluate the potential impact of ASU 2014-09 on our consolidated financial statements at this time we believe the adoption of this standard will not have a significant impact to our consolidated financial statements. 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 consolidated financial statements. The modified retrospective approach would not require any transition accounting for leases that expired before the earliest comparative period presented. We are currently evaluating this ASU to determine the impact on our consolidated financial statements. ASU No. 2016-01, Financial Instruments – Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities.” ASU 2016-1, among other things; (i) requires equity investments, with certain exceptions, to be measured at fair value with changes in fair value recognized in net income, (ii) simplifies the impairment assessment of equity investments without readily determinable fair values by requiring a qualitative assessment to identify impairment; (iii) eliminates the requirement for public business entities to disclose the methods and significant assumptions used to estimate the fair value that is required to be disclosed for financial instruments measured at amortized cost on the balance sheet; (iv) requires public business entities to use the exit price notion when measuring the fair value of financial instruments for disclosure purposes; (v) requires an entity to present separately in other comprehensive income the portion of the total change in the fair value of a liability resulting from a change in the instrument-specific credit risk when the entity has elected to measure the liability at fair value in accordance with the fair value option for financial instruments; (vi) requires separate presentation of financial assets and financial liabilities by measurement category and form of financial asset on the balance sheet or the accompanying notes to the financial statements; and (vii) clarifies that an entity should evaluate the need for a valuation allowance on a deferred tax asset related to available-for-sale. ASU 2016-1 will be effective for us on January 1, 2018 and we are currently evaluating the potential impact of ASU No. 2016-01 on our consolidated financial statements. ASU No. 2014-09, “Revenue from Contracts with Customers (Topic 606).” ASU 2014-09 implements a common revenue standard that clarifies the principles for recognizing revenue. The core principle of ASU 2014-09 is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. To achieve that core principle, an entity should apply the following steps: (i) identify the contract(s) with a customer; (ii) identify the performance obligations in the contract; (iii) determine the transaction price; (iv) allocate the transaction price to the performance obligations in the contract; and (v) recognize revenue when (or as) the entity satisfies a performance obligation. ASU 2014-09 was originally going to be effective for us on January 1, 2017; however, the FASB recently issued ASU 2015-14, “Revenue from Contracts with Customers (Topic 606) - Deferral of the Effective Date” which deferred the effective date of ASU 2014-09 by one year to January 1, 2018. We are currently evaluating the potential impact of ASU 2014-09 on its consolidated financial statements.

Earnings per Common Share (Tabl

Earnings per Common Share (Tables)	3 Months Ended
	Mar. 31, 2017
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Earnings per common share have been computed based on the following: Three Months Ended March 31, (dollars in thousands, except for per share data) 2017 2016 Net income available to common stockholders $ 11,880 $ 10,369 Earnings allocated to participating securities 27 22 Income attributable to common stock $ 11,853 $ 10,347 Weighted average common shares outstanding, including participating securities 31,938 30,020 Weighted average participating securities (72 ) (63 ) Weighted average common shares outstanding 31,866 29,957 Incremental shares from assumed conversions of options, performance units and restricted shares 327 289 Weighted average common and equivalent shares outstanding 32,193 30,246 Earnings per common share: Basic $ 0.37 $ 0.35 Diluted 0.37 0.34

Securities Available-For-Sale (

Securities Available-For-Sale (Tables)	3 Months Ended
	Mar. 31, 2017
Investments, Debt and Equity Securities [Abstract]
Unrealized Gain (Loss) on Investments [Table Text Block]	The following tables present information related to the Company’s securities at March 31, 2017 and December 31, 2016 (dollars in thousands): Gross Gross Amortized Unrealized Unrealized Fair March 31, 2017 Cost Gains Losses Value Securities available-for-sale Federal agency obligations $ 56,670 $ 257 $ (277 ) $ 56,650 Residential mortgage pass-through securities 104,850 602 (981 ) 104,471 Commercial mortgage pass-through securities 4,153 32 - 4,185 Obligations of U.S. states and political subdivisions 123,913 2,008 (915 ) 125,006 Trust preferred securities 4,576 97 (131 ) 4,542 Corporate bonds and notes 30,602 242 (297 ) 30,547 Asset-backed securities 14,058 23 (112 ) 13,969 Certificates of deposit 972 9 - 981 Equity securities 376 232 - 608 Other securities 11,851 - (334 ) 11,517 Total securities available-for-sale $ 352,021 $ 3,502 $ (3,047 ) $ 352,476 Gross Gross Amortized Unrealized Unrealized Fair December 31, 2016 Cost Gains Losses Value Securities available-for-sale Federal agency obligations $ 52,826 $ 282 $ (271 ) $ 52,837 Residential mortgage pass-through securities 72,922 519 (944 ) 72,497 Commercial mortgage pass-through securities 4,186 23 - 4,209 Obligations of U.S. states and political subdivisions 148,747 2,789 (931 ) 150,605 Trust preferred securities 5,575 242 (151 ) 5,666 Corporate bonds and notes 36,717 586 (375 ) 36,928 Asset-backed securities 14,867 2 (286 ) 14,583 Certificates of deposit 973 10 - 983 Equity securities 376 192 - 568 Other securities 14,739 - (325 ) 14,414 Total securities available-for-sale $ 351,928 $ 4,645 $ (3,283 ) $ 353,290
Investments Classified by Contractual Maturity Date [Table Text Block]	The following table presents information for securities at March 31, 2017, 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, 2017 Amortized Fair Cost Value (dollars in thousands) Securities available-for-sale: Due in one year or less $ 3,467 $ 3,504 Due after one year through five years 30,171 30,401 Due after five years through ten years 43,973 44,432 Due after ten years 153,180 153,358 Residential mortgage pass-through securities 104,850 104,471 Commercial mortgage pass-through securities 4,153 4,185 Equity securities 376 608 Other securities 11,851 11,517 Total $ 352,021 $ 352,476
Schedule of Realized Gain (Loss) [Table Text Block]	Gross gains and losses from the sales for the three months ended March 31, 2017 and 2016 were as follows: Three Months Ended March 31, (dollars in thousands) 2017 2016 Proceeds $ 29,543 $ - Gross gains on sales of securities 1,596 - Gross losses on sales of securities - - Net gains on sales of securities 1,596 - Less: tax provision on net gains (579 ) - Net gains on sales of securities, after tax $ 1,017 $ -
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, 2017 and December 31, 2016: March 31, 2017 Total Less than 12 Months 12 Months or Longer Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses (dollars in thousands) Securities available-for-sale : Federal agency obligation $ 31,077 $ (277 ) $ 29,864 $ (269 ) $ 1,213 $ (8 ) Residential mortgage pass-through securities 62,928 (981 ) 61,465 (946 ) 1,463 (35 ) Obligations of U.S. states and political subdivisions 45,800 (915 ) 45,800 (915 ) - - Trust preferred securities 1,447 (131 ) - - 1,447 (131 ) Corporate bonds and notes 14,006 (297 ) 2,803 (163 ) 11,203 (134 ) Asset-backed securities 8,628 (112 ) - - 8,628 (112 ) Other securities 11,132 (334 ) - - 11,132 (334 ) Total temporarily impaired securities $ 175,018 $ (3,047 ) $ 139,932 $ (2,293 ) $ 35,086 $ (754 ) December 31, 2016 Total Less than 12 Months 12 Months or Longer Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses (dollars in thousands) Securities available-for-sale : Federal agency obligation $ 22,672 $ (271 ) $ 21,416 $ (262 ) $ 1,256 $ (9 ) Residential mortgage pass-through securities 50,136 (944 ) 49,817 (937 ) 319 (7 ) Obligations of U.S. states and political subdivisions 52,307 (931 ) 52,307 (931 ) - - Trust preferred securities 1,427 (151 ) - - 1,427 (151 ) Corporate bonds and notes 15,930 (375 ) 7,671 (265 ) 8,259 (110 ) Asset-backed securities 13,404 (286 ) 3,743 (88 ) 9,661 (198 ) Other securities 11,467 (325 ) - - 11,467 (325 ) Total temporarily impaired securities $ 167,343 $ (3,283 ) $ 134,954 $ (2,483 ) $ 32,389 $ (800 )

Derivatives (Tables)

Derivatives (Tables)	3 Months Ended
	Mar. 31, 2017
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, 2017, December 31, 2016 and March 31, 2016 are presented in the following table. March 31, December 31, March 31, (dollars in thousands) 2017 2016 2016 Notional amount $ 75,000 $ 75,000 $ 75,000 Weighted average pay rates 1.58 % 1.59 % 1.57 % Weighted average receive rates 1.00 % 0.69 % 0.56 % Weighted average maturity 2.5 years 2.8 years 3.6 years Fair value $ 248 $ 88 $ (1,568 )
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, 2017 Amount of gain Amount of gain Amount of gain (loss) (loss) recognized (loss) reclassified recognized in other in OCI (Effective from OCI to Noninterest income (dollars in thousands) Portion) interest income (Ineffective Portion) Interest rate contracts $ 160 $ - $ - Three Months Ended March 31, 2016 Amount of gain Amount of gain Amount of gain (loss) (loss) recognized (loss) reclassified recognized in other in OCI (Effective from OCI to Noninterest income (dollars in thousands) Portion) interest income (Ineffective Portion) Interest rate contracts $ (1,437 ) $ - $ -
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, 2017 and December 31, 2016: March 31, 2017 December 31, 2016 Notional Notional (dollars in thousands) Amount Fair Value Amount Fair Value Interest rate swaps related to FHLB advances included in assets $ 75,000 $ 248 $ 75,000 $ 88

Loans and the Allowance for L27

Loans and the Allowance for Loan Losses (Tables)	3 Months Ended
	Mar. 31, 2017
Receivables [Abstract]
Loans held for sale [Table Text Block]	The following table presents loans held-for-sale by loan segment: March 31, December 31, 2017 2016 (in thousands) Commercial $ 61,319 $ 70,105 Commercial real estate - 7,712 Residential real estate 936 188 Total carrying amount $ 62,255 $ 78,005
Activity in the valuation allowance [Table Text Block]	Activity in the valuation allowance was as follows for the following periods: March 31, December 31, 2017 2016 (in thousands) Beginning balance $ - $ - Increase to valuation allowance 2,600 - Ending balance $ 2,600 $ -
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, 2017 and December 31, 2016: March 31, December 31, 2017 2016 (in thousands) Commercial $ 541,690 $ 553,576 Commercial real estate 2,326,834 2,204,710 Commercial construction 460,611 486,228 Residential real estate 242,883 232,547 Consumer 2,811 2,380 Gross loans 3,574,829 3,479,441 Net deferred loan fees (3,166 ) (3,609 ) Total loans receivable $ 3,571,663 $ 3,475,832
Loans and Leases Receivable Purchase Credit Impaired Loans [Table Text Block]	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 recorded investment of those loans is as follows at March 31, 2017 and December 31, 2016. March 31, December 31, 2017 2016 (in thousands) Commercial $ 7,827 $ 7,098 Commercial real estate 290 982 Total purchased credit-impaired loans $ 8,117 $ 8,080
Loans and Leases Receivable Purchased Loans [Table Text Block]	The accretable yield, or income expected to be collected, on the purchased credit-impaired loans above is as follows for the following periods: Three Months Three Months Ended Ended March 31, March 31, 2017 2016 (in thousands) Balance at beginning of period $ 2,860 $ 3,599 Accretion of income (186 ) (739 ) Balance at end of period $ 2,674 $ 2,860
Schedule of Financing Receivables, Non Accrual Status [Table Text Block]	The following tables presents nonaccrual loans included in loans receivable by loan segment as of the periods presented: March 31, December 31, 2017 2016 (in thousands) Commercial $ 1,208 $ 1,460 Commercial real estate 7,487 1,081 Residential real estate 4,095 3,193 Total loans receivable on nonaccrual status $ 12,790 $ 5,734
Financing Receivable Credit Quality Indicators [Table Text Block]	The following table presents information, excluding loans held-for-sale and net deferred loan fees, about the Company’s loan credit quality at March 31, 2017 and December 31, 2016: March 31, 2017 Special Pass Mention Substandard Doubtful Total (in thousands) Commercial $ 528,596 $ 3,102 $ 9,992 $ - $ 541,690 Commercial real estate 2,276,333 29,930 20,571 - 2,326,834 Commercial construction 455,446 2,670 2,495 - 460,611 Residential real estate 238,643 - 4,240 - 242,883 Consumer 2,754 - 57 - 2,811 Gross loans $ 3,501,772 $ 35,702 $ 37,355 $ - $ 3,574,829 December 31, 2016 Special Pass Mention Substandard Doubtful Total (in thousands) Commercial $ 539,961 $ 3,255 $ 10,360 $ - $ 553,576 Commercial real estate 2,154,343 31,173 19,194 - 2,204,710 Commercial construction 480,319 3,388 2,521 - 486,228 Residential real estate 228,990 - 3,557 - 232,547 Consumer 2,318 - 62 - 2,380 Gross loans $ 3,405,931 $ 37,816 $ 35,694 $ - $ 3,479,441
Impaired Financing Receivables [Table Text Block]	The following table provides an analysis of the impaired loans by segment as of March 31, 2017 and December 31, 2016: Ma r ch 31, 2017 Unpaid R ecorded Principal Related In v estment Balance Allowance No related allowance recorded (in thousands) Comme r cial $ 3,175 $ 3,175 Comme r cial real estate 16,394 16,403 Comme r cial constructi o n 4,245 4,271 Residen t ial real estate 976 1,177 Consum er 57 57 Total $ 24,847 $ 25,083 With an allowance recorded Comme r cial real estate $ 780 $ 1,193 $ 96 Total Comme r cial $ 3,175 $ 3,175 $ - Comme r cial real estate 17,174 17,596 96 Comme r cial constructi o n 4,245 4,271 - Residen t ial real estate 976 1,177 - Consum er 57 57 - Total ( i ncluding allo w ance) $ 25,627 $ 26,276 $ 96 Dece m ber 31, 2016 Unpaid R ecorded Principal Related In v estment Balance Allowance No related allowance recorded (in thousands) Comme r cial $ 3,637 $ 4,063 Comme r cial real estate 18,288 18,288 Comme r cial constructi o n 5,909 5,909 Residen t ial real estate 1,851 2,055 Consum er 62 62 Total $ 29,747 $ 30,377 With an allowance rec o Comme r cial $ 1,244 $ 1,245 $ 145 Total Comme r cial $ 3,637 $ 4,063 $ - Comme r cial real estate 19,532 19,532 145 Comme r cial constructi o n 5,909 5,909 - Residen t ial real estate 1,851 2,055 - Consum er 62 62 - Total ( i ncluding allo w ance) $ 30,991 $ 31,621 $ 145
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 ended March 31, 2017 and 2016 (in thousands): Three Months Ended March 31, 2017 2016 Average Interest Average Interest Recorded Income Recorded Income Investment Recognized Investment Recognized Impaired loans with no related allowance recorded Commercial $ 2,884 $ 39 $ 2,591 $ 24 Commercial real estate 16,450 106 15,274 25 Commercial construction 4,269 50 2,307 16 Residential real estate 986 2 4,107 5 Consumer 59 1 84 1 Total $ 24,648 $ 198 $ 24,363 $ 71 Impaired loans with an allowance recorded Commercial $ - $ - $ 83,759 $ 737 Commercial real estate 783 5 - - Total $ 783 $ 5 $ 83,759 $ 737 Total impaired loans Commercial $ 2,884 $ 39 $ 86,350 $ 761 Commercial real estate 17,233 111 15,274 25 Commercial construction 4,269 50 2,307 16 Residential real estate 986 2 4,107 5 Consumer 59 1 84 1 Total $ 25,431 $ 203 $ 108,122 $ 808
Past Due Financing Receivables [Table Text Block]	The following table provides an analysis of the aging of gross loans (excluding loans held-for-sale) that are past due at March 31, 2017 and December 31, 2016 by segment: Aging Analysis March 31, 2017 90 Days or Greater Past Total Past 30-59 Days 60-89 Days Due and Still Due and Total Loans Past Due Past Due Accruing Nonaccrual Nonaccrual Current Receivable (in thousands) Commercial $ - $ - $ 5,423 $ 1,208 $ 6,631 $ 535,059 $ 541,690 Commercial real estate 3,649 444 - 7,487 11,580 2,315,254 2,326,834 Commercial construction - - - - - 460,611 460,611 Residential real estate 1,670 6 - 4,095 5,711 237,112 242,883 Consumer 9 1 - - 10 2,801 2,811 Total $ 5,328 $ 451 $ 5,423 $ 12,790 $ 23,992 $ 3,550,837 $ 3,574,829 December 31, 2016 90 Days or Greater Past Total Past 30-59 Days 60-89 Days Due and Still Due and Total Loans Past Due Past Due Accruing Nonaccrual Nonaccrual Current Receivable Commercial $ 475 $ 18 $ 4,630 $ 1,460 $ 6,583 $ 546,993 $ 553,576 Commercial real estate 4,928 1,584 663 1,081 8,256 2,196,454 2,204,710 Commercial construction - - - - - 486,228 486,228 Residential real estate 2,131 388 - 3,193 5,712 226,835 232,547 Consumer - - - - - 2,380 2,380 Total $ 7,534 $ 1,990 $ 5,293 $ 5,734 $ 20,551 $ 3,458,890 $ 3,479,441
Schedule of Recorded Investment in Financing Receivables [Table Text Block]	The following tables detail, at the period-end presented, the amount of gross loans (excluding loans held-for-sale) that are evaluated individually, and collectively, for impairment, those acquired with deteriorated quality, and the related portion of the allowance for loan losses that are allocated to each loan portfolio segment: March 31, 2017 Commercial Commercial Residential Commercial real estate construction real estate Consumer Unallocated Total (in thousands) Allowance for loan losses Individually evaluated for impairment $ - $ 96 $ - $ - $ - $ - $ 96 Collectively evaluated for impairment 6,667 13,472 4,574 1,008 3 531 26,255 Acquired portfolio - 550 - - - - 550 Acquired with deteriorated credit quality - - - - - - - Total allowance for loan losses $ 6,667 $ 14,118 $ 4,574 $ 1,008 $ 3 $ 531 $ 26,901 Gross loans Individually evaluated for impairment $ 2,862 $ 17,174 $ 4,245 $ 976 $ 57 $ 25,314 Collectively evaluated for impairment 510,263 1,806,502 455,574 175,973 2,243 2,950,555 Acquired portfolio 20,738 502,868 792 65,934 511 590,843 Acquired with deteriorated credit quality 7,827 290 - - - 8,117 Total gross loans $ 541,690 $ 2,326,834 $ 460,611 $ 242,883 $ 2,811 $ 3,574,829 December 31, 2016 Commercial Commercial Residential Commercial real estate construction real estate Consumer Unallocated Total (in thousands) Allowance for loan losses Individually evaluated for impairment $ - $ 145 $ - $ - $ - $ - $ 145 Collectively evaluated for impairment 6,632 12,438 4,789 958 3 779 25,599 Acquired portfolio - - - - - - - Acquired with deteriorated credit quality - - - - - - - Total allowance for loan losses $ 6,632 $ 12,583 $ 4,789 $ 958 $ 3 $ 779 $ 25,744 Gross loans Individually evaluated for impairment $ 3,637 $ 19,532 $ 5,909 $ 1,851 $ 62 $ 30,991 Collectively evaluated for impairment 517,869 1,621,745 478,865 163,686 1,757 2,783,922 Acquired portfolio 24,972 562,451 1,454 67,010 561 656,448 Acquired with deteriorated credit quality 7,098 982 - - - 8,080 Total gross loans $ 553,576 $ 2,204,710 $ 486,228 $ 232,547 $ 2,380 $ 3,479,441
Allowance for Credit Losses on Financing Receivables [Table Text Block]	A summary of the activity in the allowance for loan losses is as follows: Three Months Ended March 31, 2017 Commercial Commercial Commercial Residential Consumer Unallocated Total (in thousands) Balance at December 31, 2016 $ 6,632 $ 12,583 $ 4,789 $ 958 $ 3 $ 779 $ 25,744 Charge-offs - (71 ) - - (1 ) - (72 ) Recoveries 126 3 - - - - 129 Provision (91 ) 1,603 (215 ) 50 1 (248 ) 1,100 Balance at March 31, 2017 $ 6,667 $ 14,118 $ 4,574 $ 1,008 $ 3 $ 531 $ 26,901 Three Months Ended March 31, 2016 Commercial Commercial Commercial Residential 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
Allowance for Loan and Lease Losses [Table Text Block]	The following table presents a rollforward of loans modified as troubled debt restructurings and the related changes to the allowance for loan losses that occurred during the three months ended March 31, 2017 and for the year ended December 31, 2016 (dollars in thousands) : March 31, 2017 December 31, 2016 Recorded Recorded Investment ALLL Investment ALLL Trouble Debt Restructurings Beginning balance $ 13,818 $ - $ 86,629 $ 4,500 Additions 2,793 - 26,325 8,250 Payoffs/paydowns (1,133 ) - (2,616 ) - Transfers (580 ) - (96,520 ) - Other - - - (12,750 ) Ending balance 14,898 - $ 13,818 $ -
Schedule of Debtor Troubled Debt Restructuring, Current Period [Table Text Block]	The following table presents loans by segment modified as troubled debt restructurings that occurred during the three months ended March 31, 2017 (dollars in thousands): Pre-Modification Post-Modification Outstanding Outstanding Number of Recorded Recorded Loans Investment Investment Troubled debt restructurings: Commercial real estate 1 $ 2,775 $ 2,775 Residential real estate 1 18 18 Total 2 $ 2,793 $ 2,793 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

Fair Value Measurements and F28

Fair Value Measurements and Fair Value of Financial Instruments (Tables)	3 Months Ended
	Mar. 31, 2017
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, 2017 and December 31, 2016 are as follows: March 31, 2017 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) (dollars in thousands) Recurring fair value measurements: Assets Securities: Available-for-sale: Federal agency obligations $ 56,650 $ - $ 56,650 $ - Residential mortgage pass- through securities 104,471 - 104,471 - Commercial mortgage pass- through securities 4,185 - 4,185 - Obligations of U.S. states and political subdivision 125,006 - 106,906 18,100 Trust preferred securities 4,542 - 4,542 - Corporate bonds and notes 30,547 - 30,547 - Asset-backed securities 13,969 - 13,969 - Certificates of deposit 981 - 981 - Equity securities 608 608 - - Other securities 11,517 11,517 - - Total available-for-sale $ 352,476 $ 12,125 $ 322,251 $ 18,100 Derivatives 248 - 248 - Total Assets $ 352,724 $ 12,125 $ 322,499 $ 18,100 December 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) (dollars in thousands) Recurring fair value measurements: Assets Securities: Available-for-sale: Federal agency obligations $ 52,837 $ - $ 52,837 $ - Residential mortgage pass- through securities 72,497 - 72,497 - Commercial mortgage pass- through securities 4,209 - 4,209 - Obligations of U.S. states and political subdivision 150,605 - 132,387 18,218 Trust preferred securities 5,666 - 5,666 - Corporate bonds and notes 36,928 - 36,928 - Asset-backed securities 14,583 - 14,583 - Certificates of deposit 983 - 983 - Equity securities 568 568 - - Other securities 14,414 14,414 - - Total available-for-sale $ 353,290 $ 14,982 $ 320,090 $ 18,218 Derivatives 88 - 88 - Total assets $ 353,378 $ 14,982 $ 320,178 $ 18,218
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, 2017 and December 31, 2016 are as follows: 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: 2017 (Level 1) (Level 2) (Level 3) Impaired loans: (in thousands) Commercial real estate $ 685 $ - $ - $ 685 Loans held-for-sale: Commercial 61,319 - - 61,319 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: 2016 (Level 1) (Level 2) (Level 3) Impaired loans: (in thousands) Commercial real estate $ 1,099 $ - $ - $ 1,099 Loans held-for-sale: Commercial 70,105 - 4,509 65,596 Commercial real estate 7,712 - 7,712 -
Fair Value, Recurring basis [Table Text Block]	The tables below present a reconciliation of all assets measured at fair value of a recurring basis using significant unobservable inputs (Level 3) for the three months ended March 31, 2017 and year ended December 31, 2016 (dollars in thousands): Municipal Securities Beginning balance, January 1, 2017 $ 18,218 Other (1) - Principal paydowns (118 ) Ending balance, March 31, 2017 $ 18,100 Municipal Securities Beginning balance, January 1, 2016 $ - Other (1) 18,335 Principal paydowns (117 ) Ending balance, December 31, 2016 $ 18,218
Significant unobservable inputs used in fair value measurements [Table Text Block]	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, 2017 and December 31, 2016. The table below provides quantitative information about significant unobservable inputs used in fair value measurements within Level 3 hierarchy. March 31, 2017 Valuation Unobservable (dollars in thousands) Fair Value Techniques Input Range Securities available-for-sale: Municipal securities $ 18,100 Discounted Cash Discount Rate 2.8% Flows December 31, 2016 Valuation Unobservable (dollars in thousands) Fair Value Techniques Input Range Securities available-for-sale: Municipal securities $ 18,218 Discounted Cash Discount Rate 2.8% Flows
Fair Value Measurements, Nonrecurring [Table Text Block]	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 for the periods presented. The tables below provide quantitative information about significant unobservable inputs used in fair value measurements within Level 3 hierarchy. March 31, 2017 Valuation Techniques Unobservable (dollars in thousands) Fair Value (weightings) Input Range (weighted average) Impaired loans : Commercial real $ 685 Appraisals of Comparable sales 0% - 15% (6%) estate collateral value Loans held-for-sale: Commercial taxi $ 61,319 Market approach Indications under securitized 37 - 100 (56) medallion loans (70%) transactions expressed as a price to unpaid principal balance Discounted cash flows (30%) Discount Rate 14% December 31, 2016 Valuation Techniques Unobservable (dollars in thousands) Fair Value (weightings) Input Range (weighted average) Impaired loans : Commercial real $ 1,099 Appraisals of Comparable sales 0% - 15% (6%) estate collateral value Loans held-for-sale: Commercial taxi $ 65,596 Market approach Indications under securitized 40 - 100 (59) medallion loans (70%) transactions expressed as a price to unpaid principal balance Discounted cash flows (30%) Discount Rate 14%
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, 2017 and December 31, 2016: 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, 2017 Financial assets: Cash and due from banks $ 161,869 $ 161,869 $ 161,869 $ - $ - Securities available-for-sale 352,476 352,476 12,125 322,251 18,100 Restricted investment in bank stocks 24,985 n/a n/a n/a n/a Loans held-for-sale 62,255 62,255 - 936 61,319 Net loans 3,544,762 3,554,778 - - 3,554,778 Derivatives 248 248 - 248 - Accrued interest receivable 12,701 12,701 - 1,555 11,146 Financial liabilities: Noninterest-bearing deposits 671,183 671,183 671,183 - - Interest-bearing deposits 2,684,294 2,684,132 1,714,491 969,641 - Borrowings 491,226 492,818 - 492,818 - Subordinated debentures 54,575 56,040 - 56,040 - Accrued interest payable 3,783 3,783 - 3,783 - December 31, 2016 Financial assets: Cash and due from banks $ 200,399 $ 200,399 $ 200,399 $ - $ - Securities available-for-sale 353,290 353,290 14,982 320,090 18,218 Restricted investment in bank stocks 24,310 n/a n/a n/a n/a Loans held-for-sale 78,005 78,005 - 12,409 65,596 Net loans 3,450,088 3,462,138 - - 3,462,138 Derivatives 88 88 - 88 - Accrued interest receivable 12,965 12,965 - 2,026 10,939 Financial liabilities: Noninterest-bearing deposits 694,977 694,977 694,977 - - Interest-bearing deposits 2,649,294 2,649,717 1,681,044 968,673 - Borrowings 476,280 478,286 - 478,286 - Subordinated debentures 54,534 55,901 - 55,901 - Accrued interest payable 4,142 4,142 - 4,142 -

Other Comprehensive Income (L29

Other Comprehensive Income (Loss) (Tables)	3 Months Ended
	Mar. 31, 2017
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]	The following represents the reclassifications out of accumulated other comprehensive (loss) income for the periods presented: Affected Line item in the Details about Accumulated Other Amounts Reclassified from Accumulated Statement Where Net Income is Comprehensive Income Components Other Comprehensive Income/(Loss) Presented Three Months Ended March 31, 2017 2016 Net gains on sales of securities Sale of securities available-for-sale $ 1,596 $ - available for sale (579 ) - Income tax expense 1,017 - Amortization of pension plan net actuarial losses (103 ) (102 ) Salaries and employee benefits 42 41 Income tax benefit (61 ) (61 ) Total reclassification $ 956 $ (61 )
Comprehensive Income (Loss) [Table Text Block]	Accumulated other comprehensive loss (net of tax) at March 31, 2017 and December 31, 2016 consisted of the following: March 31, December 31, 2017 2016 (dollars in thousands) Securities available-for-sale, net of tax $ 337 $ 933 Cash flow hedge, net of tax 147 52 Defined benefit pension and post-retirement plans, net of tax (3,771 ) (3,831 ) Total accumulated other comprehensive loss $ (3,287 ) $ (2,846 )

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	3 Months Ended
	Mar. 31, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]	Option activity under the Company’s option plans as of and for the three months ended March 31, 2017 were as follows: Weighted- Average Weighted- Remaining Average Contractual Exercise Term Aggregate Shares Price (In Years) Intrinsic Value Outstanding at December 31, 2016 354,467 $ 6.26 Granted - - Exercised - - Forfeited/cancelled/expired - - Outstanding at March 31, 2017 354,467 $ 6.26 2.37 $ 6,377,515 Exercisable at March 31, 2017 350,937 $ 6.18 2.32 $ 6,342,180
Schedule of Nonvested Restricted Stock Units Activity [Table Text Block]	The below table represents information regarding restricted shares currently outstanding at March 31, 2017: Weighted- Average Nonvested Grant Date Shares Fair Value Nonvested at December 31, 2016 111,273 $ 16.81 Granted 56,164 23.82 Vested (65,359 ) 16.46 Forfeited/cancelled/expired - - Nonvested at March 31, 2017 102,078 $ 20.35
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 Units Units Date Fair (expected) (maximum) Value Unearned at December 31, 2016 151,572 189,455 $ 18.47 Awarded 24,891 37,336 22.75 Forfeited - - - Adjustments (25,269 ) - 18.47 Unearned at March 31, 2017 151,194 226,791 $ 19.19

Components of Net Periodic Pe31

Components of Net Periodic Pension Cost (Tables)	3 Months Ended
	Mar. 31, 2017
Retirement Benefits [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, 2017 2016 Interest cost $ 119 $ 128 Expected return on plan assets (160 ) (136 ) Net amortization 103 102 Total periodic pension expense $ 62 $ 94 Amortization of actuarial loss $ (101 ) $ (101 ) Total recognized in other comprehensive income $ (101 ) $ (101 ) Total recognized in net periodic expense and other comprehensive income (before tax) $ (39 ) $ (7 )

FHLB Borrowings (Tables)

FHLB Borrowings (Tables)	3 Months Ended
	Mar. 31, 2017
Debt Disclosure [Abstract]
Schedule of Long-term Debt Instruments [Table Text Block]	The Company’s FHLB borrowings and weighted average interest rates are summarized below: March 31, 2017 December 31, 2016 Amount Rate Amount Rate (dollars in thousands) Total FHLB borrowings $ 476,226 1.55 % $ 461,280 1.55 % By remaining period to maturity: Less than 1 year $ 281,226 1.11 % 231,280 1.02 % 1 year through less than 2 years 105,000 1.96 % 130,000 1.84 % 2 years through less than 3 years 50,000 1.66 % 35,000 1.60 % 3 years through less than 4 years 40,000 3.43 % 65,000 2.82 % Four to five years - - - Total FHLB borrowings $ 476,226 1.55 % $ 461,280 1.55 %

Securities Sold under Agreeme33

Securities Sold under Agreements to Repurchase (Tables)	3 Months Ended
	Mar. 31, 2017
Securities Sold Under Agreements To Repurchase Tables
Schedule of information concerning repurchase agreements [Table Text Block]	Repurchase agreements are secured borrowings. The Company pledges 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) 2017 2016 2016 Average daily balance during the year-to-date $ 15,000 $ 15,000 $ 15,000 Average interest rate during the year-to-date 5.95 % 5.95 % 5.95 % Maximum month end balance during the year-to-date $ 15,000 $ 15,000 $ 15,000 Weighted average interest rate during the year-to-date 5.95 % 5.95 % 5.95 %
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, 2017 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 $ - $ - $ - $ - $ - Residential mortgage pass-through securities - - 18,143 - 18,143 Total borrowings $ - $ - $ 18,143 $ - $ 18,143 Amounts related to agreements not included in offsetting disclosure in Note 14: $ 3,143 December 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 $ - $ - $ - $ - $ - Residential mortgage pass-through securities - - - 16,826 16,826 Total borrowings $ - $ - $ - $ 16,826 $ 16,826 Amounts related to agreements not included in offsetting disclosure in Note 14: $ 1,826

Subordinated Debentures (Tables

Subordinated Debentures (Tables)	3 Months Ended
	Mar. 31, 2017
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, 2017 and December 31, 2016. 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 Liabili35

Offsetting Assets and Liabilities (Tables)	3 Months Ended
	Mar. 31, 2017
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, 2017 and December 31, 2016: Gross Amounts Not Offset Gross Amounts Net Amounts of Cash or Offset in the Assets Presented in Financial Financial Gross Amounts Statement of the Statement of Instruments Instrument Net Recognized Financial Position Financial Position Recognized Collateral Amount (in thousands) March 31, 2017 Assets: Interest rate swaps $ 248 $ - $ 248 $ - $ - $ 248 Liabilities: Repurchase agreements $ 15,000 $ - $ 15,000 $ - $ 15,000 $ - December 31, 2016 Assets: Interest rate swaps $ 88 $ - $ 88 $ - $ - $ 88 Liabilities: Repurchase agreements $ 15,000 $ - $ 15,000 $ - $ 15,000 $ -

Earnings per Common Share (Deta

Earnings per Common Share (Details) - Schedule of earnings per common share - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Earnings Per Share [Abstract]
Net income available to common stockholders	$ 11,880	$ 10,369
Earnings allocated to participating securities	27	22
Income attributable to common stock	$ 11,853	$ 10,347
Weighted average common shares outstanding, including participating securities	31,938	30,020
Weighted average participating securities	(72)	(63)
Weighted average common shares outstanding	31,866	29,957
Incremental shares from assumed conversions of options, performance units and restricted shares	327	289
Weighted average common and equivalent shares outstanding	32,193	30,246
Earnings per common share:
Basic	$ 0.37	$ 0.35
Diluted	$ 0.37	$ 0.34

Securities Available-For-Sale37

Securities Available-For-Sale (Details) $ in Millions	3 Months Ended	12 Months Ended
	Mar. 31, 2017USD ($)Integer	Dec. 31, 2016USD ($)Integer
Investments, Debt and Equity Securities [Abstract]
Increase in amortized cost basis of available-for-sale securities		$ 210
Net increase to accumulated other comprehensive income net of tax		$ 7.4
Number of Investment Securities Sold | Integer	82	84
Available-for-sale Securities Pledged as Collateral	$ 129.2	$ 142.5
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.	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.

Securities Available-For-Sale38

Securities Available-For-Sale (Details) - Unrealized gains on investment securities - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Securities available-for-sale
Securities available-for-sale, Amortized Cost	$ 352,021	$ 351,928
Securities available-for-sale, Gross Unrealized Gains	3,502	4,645
Securities available-for-sale, Gross Unrealized Losses	(3,047)	(3,283)
Securities available-for-sale, Fair Value	352,476	353,290
Federal Agency Obligations [Member]
Securities available-for-sale
Securities available-for-sale, Amortized Cost	56,670	52,826
Securities available-for-sale, Gross Unrealized Gains	257	282
Securities available-for-sale, Gross Unrealized Losses	(277)	(271)
Securities available-for-sale, Fair Value	56,650	52,837
Residential mortgage pass-through securities [Member]
Securities available-for-sale
Securities available-for-sale, Amortized Cost	104,850	72,922
Securities available-for-sale, Gross Unrealized Gains	602	519
Securities available-for-sale, Gross Unrealized Losses	(981)	(944)
Securities available-for-sale, Fair Value	104,471	72,497
Commercial mortgage pass-through securities [Member]
Securities available-for-sale
Securities available-for-sale, Amortized Cost	4,153	4,186
Securities available-for-sale, Gross Unrealized Gains	32	23
Securities available-for-sale, Gross Unrealized Losses
Securities available-for-sale, Fair Value	4,185	4,209
Obligations of U.S. states and political subdivisions [Member]
Securities available-for-sale
Securities available-for-sale, Amortized Cost	123,913	148,747
Securities available-for-sale, Gross Unrealized Gains	2,008	2,789
Securities available-for-sale, Gross Unrealized Losses	(915)	(931)
Securities available-for-sale, Fair Value	125,006	150,605
Trust Preferred Securities [Member]
Securities available-for-sale
Securities available-for-sale, Amortized Cost	4,576	5,575
Securities available-for-sale, Gross Unrealized Gains	97	242
Securities available-for-sale, Gross Unrealized Losses	(131)	(151)
Securities available-for-sale, Fair Value	4,542	5,666
Corporate Bonds And Notes [Member]
Securities available-for-sale
Securities available-for-sale, Amortized Cost	30,602	36,717
Securities available-for-sale, Gross Unrealized Gains	242	586
Securities available-for-sale, Gross Unrealized Losses	(297)	(375)
Securities available-for-sale, Fair Value	30,547	36,928
Asset-backed Securities [Member]
Securities available-for-sale
Securities available-for-sale, Amortized Cost	14,058	14,867
Securities available-for-sale, Gross Unrealized Gains	23	2
Securities available-for-sale, Gross Unrealized Losses	(112)	(286)
Securities available-for-sale, Fair Value	13,969	14,583
Certificates of Deposit [Member]
Securities available-for-sale
Securities available-for-sale, Amortized Cost	972	973
Securities available-for-sale, Gross Unrealized Gains	9	10
Securities available-for-sale, Gross Unrealized Losses
Securities available-for-sale, Fair Value	981	983
Equity Securities [Member]
Securities available-for-sale
Securities available-for-sale, Amortized Cost	376	376
Securities available-for-sale, Gross Unrealized Gains	232	192
Securities available-for-sale, Gross Unrealized Losses
Securities available-for-sale, Fair Value	608	568
Other Securities [Member]
Securities available-for-sale
Securities available-for-sale, Amortized Cost	11,851	14,739
Securities available-for-sale, Gross Unrealized Gains
Securities available-for-sale, Gross Unrealized Losses	(334)	(325)
Securities available-for-sale, Fair Value	$ 11,517	$ 14,414

Securities Available-For-Sale39

Securities Available-For-Sale (Details) - Investments classified by maturity date - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Securities available-for-sale:
Due in one year or less, amortized cost	$ 3,467
Due in one year or less, fair value	3,504
Due after one year through five years, amortized cost	30,171
Due after one year through five years, fair value	30,401
Due after five years through ten years, amortized cost	43,973
Due after five years through ten years, fair value	44,432
Due after ten years, amortized cost	153,180
Due after ten years, fair value	153,358
Total, amortized cost	352,021	$ 351,928
Total, fair value	352,476
Residential mortgage pass-through securities [Member]
Securities available-for-sale:
Securities available-for-sale: Fair Value	104,471
Total, amortized cost	104,850	72,922
Commercial mortgage pass-through securities [Member]
Securities available-for-sale:
Securities available-for-sale: Fair Value	4,185
Total, amortized cost	4,153	4,186
Equity Securities [Member]
Securities available-for-sale:
Securities available-for-sale: Fair Value	608
Total, amortized cost	376	376
Other Securities [Member]
Securities available-for-sale:
Securities available-for-sale: Fair Value	11,517
Total, amortized cost	$ 11,851	$ 14,739

Securities Available-For-Sale40

Securities Available-For-Sale (Details) - Schedule of realized gains and losses - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Schedule of realized gains and losses [Abstract]
Proceeds	$ 29,543
Gross gains on sales of securities	1,596
Gross losses on sales of securities
Net gains on sales of securities	1,596
Less: tax provision on net gains	(579)
Net gains on sales of securities, after tax	$ 1,017

Securities Available-For-Sale41

Securities Available-For-Sale (Details) - Schedule of unrealized losses not recognized in income - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Securities available-for-sale:
Securities available-for-sale: Total, Fair Value	$ 175,018	$ 167,343
Securities available-for-sale: Total, Unrealized Losses	(3,047)	(3,283)
Securities available-for-sale: Less than 12 Months, Fair Value	139,932	134,954
Securities available-for-sale: Less than 12 Months, Unrealized Losses	(2,293)	(2,483)
Securities available-for-sale: 12 Months or Longer, Fair Value	35,086	32,389
Securities available-for-sale: 12 Months or Longer, Unrealized Losses	(754)	(800)
Federal Agency Obligations [Member]
Securities available-for-sale:
Securities available-for-sale: Total, Fair Value	31,077	22,672
Securities available-for-sale: Total, Unrealized Losses	(277)	(271)
Securities available-for-sale: Less than 12 Months, Fair Value	29,864	21,416
Securities available-for-sale: Less than 12 Months, Unrealized Losses	(269)	(262)
Securities available-for-sale: 12 Months or Longer, Fair Value	1,213	1,256
Securities available-for-sale: 12 Months or Longer, Unrealized Losses	(8)	(9)
Residential mortgage pass-through securities [Member]
Securities available-for-sale:
Securities available-for-sale: Total, Fair Value	62,928	50,136
Securities available-for-sale: Total, Unrealized Losses	(981)	(944)
Securities available-for-sale: Less than 12 Months, Fair Value	61,465	49,817
Securities available-for-sale: Less than 12 Months, Unrealized Losses	(946)	(937)
Securities available-for-sale: 12 Months or Longer, Fair Value	1,463	319
Securities available-for-sale: 12 Months or Longer, Unrealized Losses	(35)	(7)
Obligations of U.S. states and political subdivisions [Member]
Securities available-for-sale:
Securities available-for-sale: Total, Fair Value	45,800	52,307
Securities available-for-sale: Total, Unrealized Losses	(915)	(931)
Securities available-for-sale: Less than 12 Months, Fair Value	45,800	52,307
Securities available-for-sale: Less than 12 Months, Unrealized Losses	(915)	(931)
Securities available-for-sale: 12 Months or Longer, Fair Value
Securities available-for-sale: 12 Months or Longer, Unrealized Losses
Trust Preferred Securities [Member]
Securities available-for-sale:
Securities available-for-sale: Total, Fair Value	1,447	1,427
Securities available-for-sale: Total, Unrealized Losses	(131)	(151)
Securities available-for-sale: Less than 12 Months, Fair Value
Securities available-for-sale: Less than 12 Months, Unrealized Losses
Securities available-for-sale: 12 Months or Longer, Fair Value	1,447	1,427
Securities available-for-sale: 12 Months or Longer, Unrealized Losses	(131)	(151)
Corporate Bonds And Notes [Member]
Securities available-for-sale:
Securities available-for-sale: Total, Fair Value	14,006	15,930
Securities available-for-sale: Total, Unrealized Losses	(297)	(375)
Securities available-for-sale: Less than 12 Months, Fair Value	2,803	7,671
Securities available-for-sale: Less than 12 Months, Unrealized Losses	(163)	(265)
Securities available-for-sale: 12 Months or Longer, Fair Value	11,203	8,259
Securities available-for-sale: 12 Months or Longer, Unrealized Losses	(134)	(110)
Asset-backed Securities [Member]
Securities available-for-sale:
Securities available-for-sale: Total, Fair Value	8,628	13,404
Securities available-for-sale: Total, Unrealized Losses	(112)	(286)
Securities available-for-sale: Less than 12 Months, Fair Value		3,743
Securities available-for-sale: Less than 12 Months, Unrealized Losses		(88)
Securities available-for-sale: 12 Months or Longer, Fair Value	8,628	9,661
Securities available-for-sale: 12 Months or Longer, Unrealized Losses	(112)	(198)
Other Securities [Member]
Securities available-for-sale:
Securities available-for-sale: Total, Fair Value	11,132	11,467
Securities available-for-sale: Total, Unrealized Losses	(334)	(325)
Securities available-for-sale: Less than 12 Months, Fair Value
Securities available-for-sale: Less than 12 Months, Unrealized Losses
Securities available-for-sale: 12 Months or Longer, Fair Value	11,132	11,467
Securities available-for-sale: 12 Months or Longer, Unrealized Losses	$ (334)	$ (325)

Derivatives (Details)

Derivatives (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	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	$ 108	$ 191

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, 2017	Mar. 31, 2016	Dec. 31, 2016
Summary of interest rate swap designated as a cash flow hedges [Abstract]
Notional amount	$ 75,000	$ 75,000	$ 75,000
Weighted average pay rates	1.58%	1.57%	1.59%
Weighted average receive rates	1.00%	0.56%	0.69%
Weighted average maturity	2 years 6 months	3 years 7 months 6 days	2 years 9 months 18 days
Fair value	$ 248	$ (1,568)	$ 88

Derivatives (Details) - Summa44

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, 2017	Mar. 31, 2016
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 gain (loss) recognized in OCI (Effective Portion)	$ 160	$ (1,437)
Amount of gain (loss) reclassified from OCI to interest income
Amount of gain (loss) recognized in other Noninterest income (Ineffective Portion)

Derivatives (Details) - Summa45

Derivatives (Details) - Summary of cash flow hedges included in the consolidated balance sheets - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Included in Assets:
Interest rate swaps related to FHLB advances included in assets, Fair Value	$ 248	$ 88
Interest Rate Swap [Member]
Included in Assets:
Interest rate swaps related to FHLB advances included in assets, Notional Amount	75,000	75,000
Interest rate swaps related to FHLB advances included in assets, Fair Value	$ 248	$ 88

Loans and the Allowance for L46

Loans and the Allowance for Loan Losses (Details) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Dec. 31, 2016
LOANS AND THE ALLOWANCE FOR LOAN LOSSES (Details) [Line Items]
Non Accrual Contractual Due	90 days
Loans held-for-sale, Carrying Amount	$ 62,255		$ 78,005
Loans Pledged as Collateral	1,800,000		1,800,000
Loans performing under the restructured terms	10,000		13,300
Loans and Leases Receivable, Impaired, Interest Lost on Nonaccrual Loans	4,900		500
Troubled debt restructurings	14,900		13,800
Allowance for Loan and Lease Losses Period Increase Decrease Due to Trouble Debt Restructuring	$ 8,000
Debt Instrument, Interest Rate, Stated Percentage Rate Range	3.00%
Increase in allowance for loan and lease losses		$ 45
Number of loans	Six loans were accruing prior to modification, while five remained in accrual status post-modification.
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%
Commercial loans held-for-sale segment [Member]
LOANS AND THE ALLOWANCE FOR LOAN LOSSES (Details) [Line Items]
Loans held-for-sale, Carrying Amount	$ 61,300		65,600
Loans held-for-sale net of valuation allowance	$ 2,600		$ 0

Loans and the Allowance for L47

Loans and the Allowance for Loan Losses (Details) - Loans held-for-sale - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Loans and the Allowance for Loan and Lease Losses (Details) - Purchase credit impaired loans [Line Items]
Total carrying amount	$ 62,255	$ 78,005
Commercial Portfolio Segment [Member]
Loans and the Allowance for Loan and Lease Losses (Details) - Purchase credit impaired loans [Line Items]
Total carrying amount	61,319	70,105
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		7,712
Residential Portfolio Segment [Member]
Loans and the Allowance for Loan and Lease Losses (Details) - Purchase credit impaired loans [Line Items]
Total carrying amount	$ 936	$ 188

Loans and the Allowance for L48

Loans and the Allowance for Loan Losses (Details) - Schedule of Activity in the valuation allowance - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2017	Dec. 31, 2016
Schedule of accretable yield, or income expected to be collected [Abstract]
Beginning balance
Increase to valuation allowance	2,600
Ending balance	$ 2,600

Loans and the Allowance for L49

Loans and the Allowance for Loan Losses (Details) - Composition of loan portfolio - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	$ 3,574,829	$ 3,479,441
Net deferred loan fees	(3,166)	(3,609)
Total loans receivable	3,571,663	3,475,832
Commercial Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	541,690	553,576
Commercial Real Estate Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	2,326,834	2,204,710
Construction Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	460,611	486,228
Residential Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	242,883	232,547
Consumer Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	$ 2,811	$ 2,380

Loans and the Allowance for L50

Loans and the Allowance for Loan Losses (Details) - Purchased Credit-Impaired Loans - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total carrying amount	$ 8,117	$ 8,080
Commercial Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total carrying amount	7,827	7,098
Commercial Real Estate Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total carrying amount	$ 290	$ 982

Loans and the Allowance for L51

Loans and the Allowance for Loan Losses (Details) - Schedule of accretable yield, or income expected to be collected - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2017	Dec. 31, 2016
Schedule of accretable yield, or income expected to be collected [Abstract]
Balance at beginning of period	$ 2,860	$ 3,599
Accretion of income	(186)	(739)
Balance at end of period	$ 2,674	$ 2,860

Loans and the Allowance for L52

Loans and the Allowance for Loan Losses (Details) - Loans receivable on nonaccrual status - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Loans and the Allowance for Loan and Lease Losses (Details) - Loans receivable on nonaccrual status [Line Items]
Financing Receivable, Recorded Investment, Nonaccrual Status	$ 12,790	$ 5,734
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	1,208	1,460
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	7,487	1,081
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	$ 4,095	$ 3,193

Loans and the Allowance for L53

Loans and the Allowance for Loan Losses (Details) - Credit quality indicators - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Financing Receivable, Recorded Investment [Line Items]
Gross loans	$ 3,574,829	$ 3,479,441
Commercial Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Gross loans	541,690	553,576
Commercial Real Estate Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Gross loans	2,326,834	2,204,710
Construction Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Gross loans	460,611	486,228
Residential Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Gross loans	242,883	232,547
Consumer Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Gross loans	2,811	2,380
Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Gross loans	3,501,772	3,405,931
Pass [Member] | Commercial Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Gross loans	528,596	539,961
Pass [Member] | Commercial Real Estate Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Gross loans	2,276,333	2,154,343
Pass [Member] | Construction Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Gross loans	455,446	480,319
Pass [Member] | Residential Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Gross loans	238,643	228,990
Pass [Member] | Consumer Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Gross loans	2,754	2,318
Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Gross loans	35,702	37,816
Special Mention [Member] | Commercial Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Gross loans	3,102	3,255
Special Mention [Member] | Commercial Real Estate Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Gross loans	29,930	31,173
Special Mention [Member] | Construction Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Gross loans	2,670	3,388
Special Mention [Member] | Residential Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Gross loans
Special Mention [Member] | Consumer Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Gross loans
Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Gross loans	37,355	35,694
Substandard [Member] | Commercial Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Gross loans	9,992	10,360
Substandard [Member] | Commercial Real Estate Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Gross loans	20,571	19,194
Substandard [Member] | Construction Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Gross loans	2,495	2,521
Substandard [Member] | Residential Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Gross loans	4,240	3,557
Substandard [Member] | Consumer Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Gross loans	57	62
Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Gross loans
Doubtful [Member] | Commercial Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Gross loans
Doubtful [Member] | Commercial Real Estate Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Gross loans
Doubtful [Member] | Construction Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Gross loans
Doubtful [Member] | Residential Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Gross loans
Doubtful [Member] | Consumer Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Gross loans

Loans and the Allowance for L54

Loans and the Allowance for Loan Losses (Details) - Schedule of analysis of impaired loans, by class - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Dec. 31, 2016
Financing Receivable, Impaired [Line Items]
No related allowance recorded, Recorded Investment	$ 24,847		$ 29,747
No related allowance recorded, Unpaid Principal Balance	25,083		30,377
Impaired loans with No Related Allowance Average Recorded Investment	24,648	$ 24,363
Impaired loans with No Related Allowance Interest Income Recognized	198	71
Impaired loans With An Allowance Recorded Average Recorded Investment	783	83,759
Impaired loans With An Allowance Recorded Interest Income Recognized	5	737
Total, Recorded Investment	25,627		30,991
Total, Unpaid Principal Balance	26,276		31,621
Total, Related Allowance	96		145
Total Impaired Loans Average Recorded Investment	25,431	108,122
Total Impaired Loans Interest Income Recognized	203	808
Commercial Portfolio Segment [Member]
Financing Receivable, Impaired [Line Items]
No related allowance recorded, Recorded Investment	3,175		3,637
No related allowance recorded, Unpaid Principal Balance	3,175		4,063
Impaired loans with No Related Allowance Average Recorded Investment	2,884	2,591
Impaired loans with No Related Allowance Interest Income Recognized	39	24
With an allowance recorded, Recorded Investment			1,244
With an allowance recorded, Unpaid Principal Balance			1,245
With an allowance recorded, Related Allowance			145
Impaired loans With An Allowance Recorded Average Recorded Investment		83,759
Impaired loans With An Allowance Recorded Interest Income Recognized		737
Total, Recorded Investment	3,175		3,637
Total, Unpaid Principal Balance	3,175		4,063
Total, Related Allowance
Total Impaired Loans Average Recorded Investment	2,884	86,350
Total Impaired Loans Interest Income Recognized	39	761
Commercial Real Estate Portfolio Segment [Member]
Financing Receivable, Impaired [Line Items]
No related allowance recorded, Recorded Investment	16,394		18,288
No related allowance recorded, Unpaid Principal Balance	16,403		18,288
Impaired loans with No Related Allowance Average Recorded Investment	16,450	15,274
Impaired loans with No Related Allowance Interest Income Recognized	106	25
With an allowance recorded, Recorded Investment	780
With an allowance recorded, Unpaid Principal Balance	1,193
With an allowance recorded, Related Allowance	96
Impaired loans With An Allowance Recorded Average Recorded Investment	783
Impaired loans With An Allowance Recorded Interest Income Recognized	5
Total, Recorded Investment	17,174		19,532
Total, Unpaid Principal Balance	17,596		19,532
Total, Related Allowance	96		145
Total Impaired Loans Average Recorded Investment	17,233	15,274
Total Impaired Loans Interest Income Recognized	111	25
Construction Loans [Member]
Financing Receivable, Impaired [Line Items]
No related allowance recorded, Recorded Investment	4,245		5,909
No related allowance recorded, Unpaid Principal Balance	4,271		5,909
Impaired loans with No Related Allowance Average Recorded Investment	4,269	2,307
Impaired loans with No Related Allowance Interest Income Recognized	50	16
Total, Recorded Investment	4,245		5,909
Total, Unpaid Principal Balance	4,271		5,909
Total, Related Allowance
Total Impaired Loans Average Recorded Investment	4,269	2,307
Total Impaired Loans Interest Income Recognized	50	16
Residential Portfolio Segment [Member]
Financing Receivable, Impaired [Line Items]
No related allowance recorded, Recorded Investment	976		1,851
No related allowance recorded, Unpaid Principal Balance	1,177		2,055
Impaired loans with No Related Allowance Average Recorded Investment	986	4,107
Impaired loans with No Related Allowance Interest Income Recognized	2	5
Total, Recorded Investment	976		1,851
Total, Unpaid Principal Balance	1,177		2,055
Total, Related Allowance
Total Impaired Loans Average Recorded Investment	986	4,107
Total Impaired Loans Interest Income Recognized	2	5
Consumer Portfolio Segment [Member]
Financing Receivable, Impaired [Line Items]
No related allowance recorded, Recorded Investment	57		62
No related allowance recorded, Unpaid Principal Balance	57		62
Impaired loans with No Related Allowance Average Recorded Investment	59	84
Impaired loans with No Related Allowance Interest Income Recognized	1	1
Total, Recorded Investment	57		62
Total, Unpaid Principal Balance	57		62
Total, Related Allowance
Total Impaired Loans Average Recorded Investment	59	84
Total Impaired Loans Interest Income Recognized	$ 1	$ 1

Loans and the Allowance for L55

Loans and the Allowance for Loan Losses (Details) - Aging analysis - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual	$ 12,790	$ 5,734
Total Past Due and Nonaccrual	23,992	20,551
Current	3,550,837	3,458,890
Total Loans Receivable	3,574,829	3,479,441
30 - 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due and Nonaccrual	5,328	7,534
60 - 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due and Nonaccrual	451	1,990
90 Days or Greater Past Due and Still Accruing [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due and Nonaccrual	5,423	5,293
Commercial Portfolio Segment [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual	1,208	1,460
Total Past Due and Nonaccrual	6,631	6,583
Current	535,059	546,993
Total Loans Receivable	541,690	553,576
Commercial Portfolio Segment [Member] | 30 - 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due and Nonaccrual		475
Commercial Portfolio Segment [Member] | 60 - 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due and Nonaccrual		18
Commercial Portfolio Segment [Member] | 90 Days or Greater Past Due and Still Accruing [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due and Nonaccrual	5,423	4,630
Commercial Real Estate Portfolio Segment [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual	7,487	1,081
Total Past Due and Nonaccrual	11,580	8,256
Current	2,315,254	2,196,454
Total Loans Receivable	2,326,834	2,204,710
Commercial Real Estate Portfolio Segment [Member] | 30 - 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due and Nonaccrual	3,649	4,928
Commercial Real Estate Portfolio Segment [Member] | 60 - 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due and Nonaccrual	444	1,584
Commercial Real Estate Portfolio Segment [Member] | 90 Days or Greater Past Due and Still Accruing [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due and Nonaccrual		663
Construction Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual
Total Past Due and Nonaccrual
Current	460,611	486,228
Total Loans Receivable	460,611	486,228
Construction Loans [Member] | 30 - 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due and Nonaccrual
Construction Loans [Member] | 60 - 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due and Nonaccrual
Construction Loans [Member] | 90 Days or Greater Past Due and Still Accruing [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due and Nonaccrual
Residential Portfolio Segment [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual	4,095	3,193
Total Past Due and Nonaccrual	5,711	5,712
Current	237,112	226,835
Total Loans Receivable	242,883	232,547
Residential Portfolio Segment [Member] | 30 - 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due and Nonaccrual	1,670	2,131
Residential Portfolio Segment [Member] | 60 - 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due and Nonaccrual	6	388
Residential Portfolio Segment [Member] | 90 Days or Greater Past Due and Still Accruing [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due and Nonaccrual
Consumer Portfolio Segment [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual
Total Past Due and Nonaccrual	10
Current	2,801	2,380
Total Loans Receivable	2,811	2,380
Consumer Portfolio Segment [Member] | 30 - 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due and Nonaccrual	9
Consumer Portfolio Segment [Member] | 60 - 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due and Nonaccrual	1
Consumer Portfolio Segment [Member] | 90 Days or Greater Past Due and Still Accruing [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due and Nonaccrual

Loans and the Allowance for L56

Loans and the Allowance for Loan Losses (Details) - Allowance for loan and lease losses - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016	Mar. 31, 2016	Dec. 31, 2015
Allowance for loan losses
Allowance for loan losses, individually evaluated for impairment	$ 96	$ 145
Allowance for loan losses, collectively evaluated for impairment	26,255	25,599
Allowance for loan losses, acquired portfolio	550
Allowance for loan losses, acquired with deteriorated credit quality
Allowance for loan losses, total	26,901	25,744	$ 29,074	$ 26,572
Gross loans
Loans Receivable, individually evaluated for impairment	25,314	30,991
Loans Receivable, collectively evaluated for impairment	2,950,555	2,783,922
Loans Receivable, acquired portfolio	590,843	656,448
Loans Receivables, acquired with deteriorated credit quality	8,117	8,080
Loans Receivable, Total	3,574,829	3,479,441
Commercial Portfolio Segment [Member]
Allowance for loan losses
Allowance for loan losses, individually evaluated for impairment
Allowance for loan losses, collectively evaluated for impairment	6,667	6,632
Allowance for loan losses, acquired portfolio
Allowance for loan losses, acquired with deteriorated credit quality
Allowance for loan losses, total	6,667	6,632	13,097	10,949
Gross loans
Loans Receivable, individually evaluated for impairment	2,862	3,637
Loans Receivable, collectively evaluated for impairment	510,263	517,869
Loans Receivable, acquired portfolio	20,738	24,972
Loans Receivables, acquired with deteriorated credit quality	7,827	7,098
Loans Receivable, Total	541,690	553,576
Commercial Real Estate Portfolio Segment [Member]
Allowance for loan losses
Allowance for loan losses, individually evaluated for impairment	96	145
Allowance for loan losses, collectively evaluated for impairment	13,472	12,438
Allowance for loan losses, acquired portfolio	550
Allowance for loan losses, acquired with deteriorated credit quality
Allowance for loan losses, total	14,118	12,583	10,941	10,926
Gross loans
Loans Receivable, individually evaluated for impairment	17,174	19,532
Loans Receivable, collectively evaluated for impairment	1,806,502	1,621,745
Loans Receivable, acquired portfolio	502,868	562,451
Loans Receivables, acquired with deteriorated credit quality	290	982
Loans Receivable, Total	2,326,834	2,204,710
Construction Loans [Member]
Allowance for loan losses
Allowance for loan losses, individually evaluated for impairment
Allowance for loan losses, collectively evaluated for impairment	4,574	4,789
Allowance for loan losses, acquired portfolio
Allowance for loan losses, acquired with deteriorated credit quality
Allowance for loan losses, total	4,574	4,789	3,617	3,253
Gross loans
Loans Receivable, individually evaluated for impairment	4,245	5,909
Loans Receivable, collectively evaluated for impairment	455,574	478,865
Loans Receivable, acquired portfolio	792	1,454
Loans Receivables, acquired with deteriorated credit quality
Loans Receivable, Total	460,611	486,228
Residential Portfolio Segment [Member]
Allowance for loan losses
Allowance for loan losses, individually evaluated for impairment
Allowance for loan losses, collectively evaluated for impairment	1,008	958
Allowance for loan losses, acquired portfolio
Allowance for loan losses, acquired with deteriorated credit quality
Allowance for loan losses, total	1,008	958	1,074	976
Gross loans
Loans Receivable, individually evaluated for impairment	976	1,851
Loans Receivable, collectively evaluated for impairment	175,973	163,686
Loans Receivable, acquired portfolio	65,934	67,010
Loans Receivables, acquired with deteriorated credit quality
Loans Receivable, Total	242,883	232,547
Consumer Portfolio Segment [Member]
Allowance for loan losses
Allowance for loan losses, individually evaluated for impairment
Allowance for loan losses, collectively evaluated for impairment	3	3
Allowance for loan losses, acquired portfolio
Allowance for loan losses, acquired with deteriorated credit quality
Allowance for loan losses, total	3	3	4	4
Gross loans
Loans Receivable, individually evaluated for impairment	57	62
Loans Receivable, collectively evaluated for impairment	2,243	1,757
Loans Receivable, acquired portfolio	511	561
Loans Receivables, acquired with deteriorated credit quality
Loans Receivable, Total	2,811	2,380
Unallocated [Member]
Allowance for loan losses
Allowance for loan losses, individually evaluated for impairment
Allowance for loan losses, collectively evaluated for impairment	531	779
Allowance for loan losses, acquired portfolio
Allowance for loan losses, acquired with deteriorated credit quality
Allowance for loan losses, total	$ 531	$ 779	$ 341	$ 464

Loans and the Allowance for L57

Loans and the Allowance for Loan Losses (Details) - Schedule of allowance for loan losses - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Financing Receivable, Allowance for Credit Losses [Line Items]
Balance	$ 25,744	$ 26,572
Charge-offs	(72)	(512)
Recoveries	129	14
Provision	1,100	3,000
Balance	26,901	29,074
Commercial Portfolio Segment [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Balance	6,632	10,949
Charge-offs		(445)
Recoveries	126	1
Provision	(91)	2,592
Balance	6,667	13,097
Commercial Real Estate Portfolio Segment [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Balance	12,583	10,926
Charge-offs	(71)
Recoveries	3	13
Provision	1,603	2
Balance	14,118	10,941
Construction Loans [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Balance	4,789	3,253
Charge-offs
Recoveries
Provision	(215)	364
Balance	4,574	3,617
Residential Portfolio Segment [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Balance	958	976
Charge-offs		(67)
Recoveries
Provision	50	165
Balance	1,008	1,074
Consumer Portfolio Segment [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Balance	3	4
Charge-offs	(1)
Recoveries
Provision	1
Balance	3	4
Unallocated [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Balance	779	464
Charge-offs
Recoveries
Provision	(248)	(123)
Balance	$ 531	$ 341

Loans and the Allowance for L58

Loans and the Allowance for Loan Losses (Details) - Loans by segment modified as troubled debt restructurings - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2017	Dec. 31, 2016
Recorded Investment [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance	$ 13,818	$ 86,629
Additions	2,793	26,325
Payoffs/paydowns	(1,133)	(2,616)
Transfers	(580)	(96,520)
Other
Ending balance	14,898	13,818
ALLL [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance		4,500
Additions		8,250
Payoffs/paydowns
Transfers
Other		(12,750)
Ending balance

Loans and the Allowance for L59

Loans and the Allowance for Loan Losses (Details) - Schedule of troubled debt restructuring by class $ in Thousands	3 Months Ended
	Mar. 31, 2017USD ($)Integer	Mar. 31, 2016USD ($)Integer
Troubled Debt Restructuring, Debtor, Current Period [Line Items]
Number of Loans | Integer	2
Pre-Modification Outstanding Recorded Investment	$ 2,793
Post-Modification Outstanding Recorded Investment	$ 2,793
Commercial Real Estate Portfolio Segment [Member]
Troubled Debt Restructuring, Debtor, Current Period [Line Items]
Number of Loans | Integer	1
Pre-Modification Outstanding Recorded Investment	$ 2,775
Post-Modification Outstanding Recorded Investment	$ 2,775
Residential Portfolio Segment [Member]
Troubled Debt Restructuring, Debtor, Current Period [Line Items]
Number of Loans | Integer	1
Pre-Modification Outstanding Recorded Investment	$ 18
Post-Modification Outstanding Recorded Investment	$ 18
Commercial Portfolio Segment [Member]
Troubled Debt Restructuring, Debtor, Current Period [Line Items]
Number of Loans | Integer		9
Pre-Modification Outstanding Recorded Investment		$ 9,555
Post-Modification Outstanding Recorded Investment		$ 9,555

Fair Value Measurements and F60

Fair Value Measurements and Fair Value of Financial Instruments (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Impaired Financing Receivable, Related Allowance	$ 96	$ 145
Impaired Loans [Member]
Impaired Financing Receivable, with Related Allowance, Recorded Investment	800	1,200
Impaired Financing Receivable, Related Allowance	$ 100	$ 100

Fair Value Measurements and F61

Fair Value Measurements and Fair Value of Financial Instruments (Details) - Schedule of Fair Value on a recurring basis - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Assets
Securities: Available-for-sale, Fair Value	$ 352,476	$ 353,290
Derivatives	248	88
Assets: Available-for-sale, Fair Value	352,724	353,378
Federal Agency Obligations [Member]
Assets
Securities: Available-for-sale, Fair Value	56,650	52,837
Residential mortgage pass-through securities [Member]
Assets
Securities: Available-for-sale, Fair Value	104,471	72,497
Commercial mortgage pass-through securities [Member]
Assets
Securities: Available-for-sale, Fair Value	4,185	4,209
Obligations of U.S. states and political subdivisions [Member]
Assets
Securities: Available-for-sale, Fair Value	125,006	150,605
Trust Preferred Securities [Member]
Assets
Securities: Available-for-sale, Fair Value	4,542	5,666
Corporate Bonds And Notes [Member]
Assets
Securities: Available-for-sale, Fair Value	30,547	36,928
Asset-backed Securities [Member]
Assets
Securities: Available-for-sale, Fair Value	13,969	14,583
Certificates of Deposit [Member]
Assets
Securities: Available-for-sale, Fair Value	981	983
Equity Securities [Member]
Assets
Securities: Available-for-sale, Fair Value	608	568
Other Securities [Member]
Assets
Securities: Available-for-sale, Fair Value	11,517	14,414
Fair Value, Inputs, Level 1 [Member]
Assets
Securities: Available-for-sale, Fair Value	12,125	14,982
Derivatives
Assets: Available-for-sale, Fair Value	12,125	14,982
Fair Value, Inputs, Level 1 [Member] | Federal Agency Obligations [Member]
Assets
Securities: Available-for-sale, Fair Value
Fair Value, Inputs, Level 1 [Member] | Residential mortgage pass-through securities [Member]
Assets
Securities: Available-for-sale, Fair Value
Fair Value, Inputs, Level 1 [Member] | Commercial mortgage pass-through securities [Member]
Assets
Securities: Available-for-sale, Fair Value
Fair Value, Inputs, Level 1 [Member] | Obligations of U.S. states and political subdivisions [Member]
Assets
Securities: Available-for-sale, Fair Value
Fair Value, Inputs, Level 1 [Member] | Trust Preferred Securities [Member]
Assets
Securities: Available-for-sale, Fair Value
Fair Value, Inputs, Level 1 [Member] | Corporate Bonds And Notes [Member]
Assets
Securities: Available-for-sale, Fair Value
Fair Value, Inputs, Level 1 [Member] | Asset-backed Securities [Member]
Assets
Securities: Available-for-sale, Fair Value
Fair Value, Inputs, Level 1 [Member] | Certificate Of Deposit [Member]
Assets
Securities: Available-for-sale, Fair Value
Fair Value, Inputs, Level 1 [Member] | Equity Securities [Member]
Assets
Securities: Available-for-sale, Fair Value	608	568
Fair Value, Inputs, Level 1 [Member] | Other Securities [Member]
Assets
Securities: Available-for-sale, Fair Value	11,517	14,414
Fair Value, Inputs, Level 2 [Member]
Assets
Securities: Available-for-sale, Fair Value	322,251	320,090
Derivatives	248	88
Assets: Available-for-sale, Fair Value	322,499	320,178
Fair Value, Inputs, Level 2 [Member] | Federal Agency Obligations [Member]
Assets
Securities: Available-for-sale, Fair Value	56,650	52,837
Fair Value, Inputs, Level 2 [Member] | Residential mortgage pass-through securities [Member]
Assets
Securities: Available-for-sale, Fair Value	104,471	72,497
Fair Value, Inputs, Level 2 [Member] | Commercial mortgage pass-through securities [Member]
Assets
Securities: Available-for-sale, Fair Value	4,185	4,209
Fair Value, Inputs, Level 2 [Member] | Obligations of U.S. states and political subdivisions [Member]
Assets
Securities: Available-for-sale, Fair Value	106,906	132,387
Fair Value, Inputs, Level 2 [Member] | Trust Preferred Securities [Member]
Assets
Securities: Available-for-sale, Fair Value	4,542	5,666
Fair Value, Inputs, Level 2 [Member] | Corporate Bonds And Notes [Member]
Assets
Securities: Available-for-sale, Fair Value	30,547	36,928
Fair Value, Inputs, Level 2 [Member] | Asset-backed Securities [Member]
Assets
Securities: Available-for-sale, Fair Value	13,969	14,583
Fair Value, Inputs, Level 2 [Member] | Certificate Of Deposit [Member]
Assets
Securities: Available-for-sale, Fair Value	981	983
Fair Value, Inputs, Level 2 [Member] | Equity Securities [Member]
Assets
Securities: Available-for-sale, Fair Value
Fair Value, Inputs, Level 2 [Member] | Other Securities [Member]
Assets
Securities: Available-for-sale, Fair Value
Fair Value, Inputs, Level 3 [Member]
Assets
Securities: Available-for-sale, Fair Value	18,100	18,218
Derivatives
Assets: Available-for-sale, Fair Value	18,100	18,218
Fair Value, Inputs, Level 3 [Member] | Federal Agency Obligations [Member]
Assets
Securities: Available-for-sale, Fair Value
Fair Value, Inputs, Level 3 [Member] | Residential mortgage pass-through securities [Member]
Assets
Securities: Available-for-sale, Fair Value
Fair Value, Inputs, Level 3 [Member] | Commercial mortgage pass-through securities [Member]
Assets
Securities: Available-for-sale, Fair Value
Fair Value, Inputs, Level 3 [Member] | Obligations of U.S. states and political subdivisions [Member]
Assets
Securities: Available-for-sale, Fair Value	18,100	18,218
Fair Value, Inputs, Level 3 [Member] | Trust Preferred Securities [Member]
Assets
Securities: Available-for-sale, Fair Value
Fair Value, Inputs, Level 3 [Member] | Corporate Bonds And Notes [Member]
Assets
Securities: Available-for-sale, Fair Value
Fair Value, Inputs, Level 3 [Member] | Asset-backed Securities [Member]
Assets
Securities: Available-for-sale, Fair Value
Fair Value, Inputs, Level 3 [Member] | Certificate Of Deposit [Member]
Assets
Securities: Available-for-sale, Fair Value
Fair Value, Inputs, Level 3 [Member] | Equity Securities [Member]
Assets
Securities: Available-for-sale, Fair Value
Fair Value, Inputs, Level 3 [Member] | Other Securities [Member]
Assets
Securities: Available-for-sale, Fair Value

Fair Value Measurements and F62

Fair Value Measurements and Fair Value of Financial Instruments (Details) - Schedule of Assets at Fair Value on Non-Recurring - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Impaired Loans [Member] | Commercial Real Estate [Member]
Assets measured at fair value on a nonrecurring basis:
Assets measured at fair value on a nonrecurring basis	$ 685	$ 1,099
Impaired Loans [Member] | Commercial Real Estate [Member] | Fair Value, Inputs, Level 1 [Member]
Assets measured at fair value on a nonrecurring basis:
Assets measured at fair value on a nonrecurring basis
Impaired Loans [Member] | Commercial Real Estate [Member] | Fair Value, Inputs, Level 2 [Member]
Assets measured at fair value on a nonrecurring basis:
Assets measured at fair value on a nonrecurring basis
Impaired Loans [Member] | Commercial Real Estate [Member] | Fair Value, Inputs, Level 3 [Member]
Assets measured at fair value on a nonrecurring basis:
Assets measured at fair value on a nonrecurring basis	685	1,099
Loans held-for-sale [Member] | Commercial Real Estate [Member]
Assets measured at fair value on a nonrecurring basis:
Assets measured at fair value on a nonrecurring basis		7,712
Loans held-for-sale [Member] | Commercial Real Estate [Member] | Fair Value, Inputs, Level 1 [Member]
Assets measured at fair value on a nonrecurring basis:
Assets measured at fair value on a nonrecurring basis
Loans held-for-sale [Member] | Commercial Real Estate [Member] | Fair Value, Inputs, Level 2 [Member]
Assets measured at fair value on a nonrecurring basis:
Assets measured at fair value on a nonrecurring basis		7,712
Loans held-for-sale [Member] | Commercial Real Estate [Member] | Fair Value, Inputs, Level 3 [Member]
Assets measured at fair value on a nonrecurring basis:
Assets measured at fair value on a nonrecurring basis
Loans held-for-sale [Member] | Commercial [Member]
Assets measured at fair value on a nonrecurring basis:
Assets measured at fair value on a nonrecurring basis	61,319	70,105
Loans held-for-sale [Member] | Commercial [Member] | Fair Value, Inputs, Level 1 [Member]
Assets measured at fair value on a nonrecurring basis:
Assets measured at fair value on a nonrecurring basis
Loans held-for-sale [Member] | Commercial [Member] | Fair Value, Inputs, Level 2 [Member]
Assets measured at fair value on a nonrecurring basis:
Assets measured at fair value on a nonrecurring basis		4,509
Loans held-for-sale [Member] | Commercial [Member] | Fair Value, Inputs, Level 3 [Member]
Assets measured at fair value on a nonrecurring basis:
Assets measured at fair value on a nonrecurring basis	$ 61,319	$ 65,596

Fair Value Measurements and F63

Fair Value Measurements and Fair Value of Financial Instruments (Details) - Schedule of fair value recurring basis - Municipal Securities [Member] - USD ($) $ in Thousands		3 Months Ended	12 Months Ended
		Mar. 31, 2017	Dec. 31, 2016
Balance of recurring Level 3 assets		$ 18,218
Other	[1]		18,335
Principal paydowns		(118)	(117)
Balance of recurring Level 3 assets		$ 18,100	$ 18,218
[1]	Includes transfers from held-to-maturity to available-for-sale designation

Fair Value Measurements and F64

Fair Value Measurements and Fair Value of Financial Instruments (Details) - Schedule of fair value no recurring item basis - Municipal Securities [Member] - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2017	Dec. 31, 2016
Fair value	$ 18,100	$ 18,218
Valuation Techniques	Discounted Cash Flows	Discounted Cash Flows
Unobservable Input	Discount Rate	Discount Rate
Range	2.80%	2.80%

Fair Value Measurements and F65

Fair Value Measurements and Fair Value of Financial Instruments (Details) - Schedule of Fair Value on a non-recurring basis - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2017	Dec. 31, 2016
Impaired Loans [Member] | Commercial Real Estate [Member]
Fair Value Measurements and Fair Value of Financial Instruments (Details) - Fair value, assets and liabilities measured on nonrecurring basis, valuation techniques [Line Items]
Fair Value	$ 685	$ 1,099
Valuation Technique	Appraisals of collateral value	Appraisals of collateral value
Unobservable Inputs	Comparable sales	Comparable sales
Impaired Loans [Member] | Commercial Real Estate [Member] | Appraisals of collateral value [Member]
Fair Value Measurements and Fair Value of Financial Instruments (Details) - Fair value, assets and liabilities measured on nonrecurring basis, valuation techniques [Line Items]
Capitalization rate	6.00%	6.00%
Impaired Loans [Member] | Commercial Real Estate [Member] | Appraisals of collateral value [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]
Capitalization rate	0.00%	0.00%
Impaired Loans [Member] | Commercial Real Estate [Member] | Appraisals of collateral value [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]
Capitalization rate	15.00%	15.00%
Loans held-for-sale [Member] | Market approach [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	Market approach (70%)	Market approach (70%)
Unobservable Inputs	Indications under securitized transactions expressed as a price to unpaid principal balance	Indications under securitized transactions expressed as a price to unpaid principal balance
Loans held-for-sale [Member] | Commercial Real Estate [Member]
Fair Value Measurements and Fair Value of Financial Instruments (Details) - Fair value, assets and liabilities measured on nonrecurring basis, valuation techniques [Line Items]
Fair Value		$ 7,712
Loans held-for-sale [Member] | Commercial taxi medallion loans [Member]
Fair Value Measurements and Fair Value of Financial Instruments (Details) - Fair value, assets and liabilities measured on nonrecurring basis, valuation techniques [Line Items]
Fair Value	$ 61,319	$ 65,596
Valuation Technique	Discounted cash flows (30%)	Discounted cash flows (30%)
Purchase amount per medallion	$ 56	$ 59
Discount Range	14.00%	14.00%
Loans held-for-sale [Member] | Commercial taxi medallion loans [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]
Purchase amount per medallion	$ 37	$ 40
Loans held-for-sale [Member] | Commercial taxi medallion loans [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]
Purchase amount per medallion	$ 100	$ 100

Fair Value Measurements and F66

Fair Value Measurements and Fair Value of Financial Instruments (Details) - Schedule of fair value hierarchy - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016	Mar. 31, 2016	Dec. 31, 2015
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and cash equivalents, Carrying Amount	$ 161,869	$ 200,399	$ 118,259	$ 200,895
Cash and cash equivalents, Fair Value	161,869	200,399
Securities available-for-sale, Carrying Amount	352,476	353,290
Securities available-for-sale, Fair Value	352,476	353,290
Restricted investment in bank stocks, Carrying Amount	24,985	24,310
Loans held-for-sale, Carrying Amount	62,255	78,005
Loans held-for-sale, Fair Value	62,255	78,005
Net loans, Carrying Amount	3,544,762	3,450,088
Net loans, Fair Value	3,554,778	3,462,138
Derivatives, Carrying Amount	248	88
Derivatives, Fair Value	248	88
Accrued interest receivable, Carrying Amount	12,701	12,965
Accrued interest receivable, Fair Value	12,701	12,965
Noninterest-bearing deposits, Carrying Amount	671,183	694,977
Noninterest-bearing deposits, Fair Value	671,183	694,977
Interest-bearing deposits, Carrying Amount	2,684,294	2,649,294
Interest-bearing deposits, Fair Value	2,684,132	2,649,717
Borrowings, Carrying Amount	491,226	476,280
Borrowings, Fair Value	492,818	478,286
Subordinated debentures, net	54,575	54,534
Subordinated debentures, Fair Value	56,040	55,901
Accrued interest payable, Carrying Amount	3,783	4,142
Accrued interest payable, Fair Value	3,783	4,142
Fair Value, Inputs, Level 1 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and cash equivalents, Fair Value	161,869	200,399
Securities available-for-sale, Fair Value	12,125	14,982
Loans held-for-sale, Fair Value
Net loans, Fair Value
Derivatives, Carrying Amount
Derivatives, Fair Value
Accrued interest receivable, Fair Value
Noninterest-bearing deposits, Fair Value	671,183	694,977
Interest-bearing deposits, Fair Value	1,714,491	1,681,044
Borrowings, Fair Value
Subordinated debentures, Fair Value
Accrued interest payable, Fair Value
Fair Value, Inputs, Level 2 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and cash equivalents, Fair Value
Securities available-for-sale, Fair Value	322,251	320,090
Loans held-for-sale, Fair Value	936	12,409
Net loans, Fair Value
Derivatives, Carrying Amount	248	88
Derivatives, Fair Value	248	88
Accrued interest receivable, Fair Value	1,555	2,026
Noninterest-bearing deposits, Fair Value
Interest-bearing deposits, Fair Value	969,641	968,673
Borrowings, Fair Value	492,818	478,286
Subordinated debentures, Fair Value	56,040	55,901
Accrued interest payable, Fair Value	3,783	4,142
Fair Value, Inputs, Level 3 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and cash equivalents, Fair Value
Securities available-for-sale, Fair Value	18,100	18,218
Loans held-for-sale, Fair Value	61,319	65,596
Net loans, Fair Value	3,554,778	3,462,138
Derivatives, Carrying Amount
Derivatives, Fair Value
Accrued interest receivable, Fair Value	11,146	10,939
Noninterest-bearing deposits, Fair Value
Interest-bearing deposits, Fair Value
Borrowings, Fair Value
Subordinated debentures, Fair Value
Accrued interest payable, Fair Value

Other Comprehensive Income (L67

Other Comprehensive Income (Loss) (Details) - Comprehensive Income (Loss) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
COMPREHENSIVE INCOME (Details) - Comprehensive Income (Loss) [Line Items]
Sale of securities available-for-sale Net gains on sale of securities available for sale	$ 689	$ 895
Sale of securities available-for-sale Income tax expense	(268)	(357)
Total reclassification	(441)	(221)
Amounts Reclassified from Accumulated Other Comprehensive Income/(Loss) [Member]
COMPREHENSIVE INCOME (Details) - Comprehensive Income (Loss) [Line Items]
Sale of securities available-for-sale Net gains on sale of securities available for sale	1,596
Sale of securities available-for-sale Income tax expense	(579)
Sale of securities available-for-sale	1,017
Amortization of pension plan net actuarial losses Salaries and employee benefits	(103)	(102)
Amortization of pension plan net actuarial losses Income tax benefit	42	41
Amortization of pension plan net actuarial losses	(61)	(61)
Total reclassification	$ 956	$ (61)

Other Comprehensive Income (L68

Other Comprehensive Income (Loss) (Details) - Schedule of Accumulated Other Comprehensive Income (Loss) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Schedule of Accumulated Other Comprehensive Income (Loss) [Abstract]
Securities available-for-sale, net of tax	$ 337	$ 933
Cash flow hedge, net of tax	147	52
Defined benefit pension and post-retirement plans, net of tax	(3,771)	(3,831)
Total accumulated other comprehensive loss	$ (3,287)	$ (2,846)

Stock Based Compensation (Detai

Stock Based Compensation (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2017USD ($)Integershares	Dec. 31, 2016shares
Share Based Compensation Arrangement by Share Based Payment Award Number of Plans | Integer	2
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period	3 years
Unrecognized compensation cost related to nonvested shares | $	$ 1,216,882
Weighted average period related to compesation cost	1 year 7 months 6 days
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number	354,467	354,467
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost (in Dollars) | $	$ 133
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)	53,431
Performance Shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Number	151,194
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number	226,791
Restricted Stock [Member]
Unrecognized compensation cost related to nonvested shares | $	$ 1,920,809
Weighted average period related to compesation cost	2 years

Stock Based Compensation (Det70

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, 2017	Mar. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Outstanding Beginning Balance	354,467
Granted
Exercised		(5,495)
Forfeited/cancelled/expired
Outstanding Ending Balance	354,467
Exercisable Ending Balance	354,467
Outstanding Beginning Balance, Weighted-Average Exercise Price	$ 6.26
Granted, Weighted-Average Exercise Price
Exercised, Weighted-Average Exercise Price
Forfeited/cancelled/expired, Weighted-Average Exercise Price
Outstanding Ending Balance, Weighted-Average Exercise Price	6.26
Exercisable Ending Balance, Weighted-Average Exercise Price	$ 6.18
Outstanding Ending Balance - Weighted Average Remaining Contractual Term (In Years)	2 years 4 months 13 days
Exercisable Ending Balance - Weighted Average Remaining Contractual Term (In Years)	2 years 3 months 26 days
Outstanding Ending Balance - Aggregate Intrinsic Value	$ 6,377,515
Exercisable Ending Balance - Aggregate Intrinsic Value	$ 6,342,180

Stock Based Compensation (Det71

Stock Based Compensation (Details) - Schedule of Share-based Payment Award, Nonvested Shares	3 Months Ended
	Mar. 31, 2017$ / sharesshares
Granted
Nonvested [Member]
Outstanding, beginning balance	111,273
Granted	56,164
Vested	(65,359)
Forfeited/cancelled/expired
Outstanding, ending balance	102,078
Outstanding, beginning balance | $ / shares	$ 16.81
Granted | $ / shares	23.82
Vested | $ / shares	16.46
Forfeited/cancelled/expired | $ / shares
Outstanding, ending balance | $ / shares	$ 20.35

Stock Based Compensation (Det72

Stock Based Compensation (Details) - Schedule of Share-based Payment Award, Unearned Shares	3 Months Ended
	Mar. 31, 2017$ / sharesshares
Outstanding Beginning Balance	354,467
Awarded
Outstanding Ending Balance	354,467
Maximum [Member]
Outstanding Beginning Balance	189,455
Awarded	37,336
Forfeited
Adjustments
Outstanding Ending Balance	226,791
Unearned [Member]
Outstanding Beginning Balance	151,572
Awarded	24,891
Forfeited
Adjustments	(25,269)
Outstanding Ending Balance	151,194
Outstanding, beginning balance | $ / shares	$ 18.47
Awarded | $ / shares	22.75
Forfeited | $ / shares
Adjustments | $ / shares	18.47
Outstanding, ending balance | $ / shares	$ 19.19

Components of Net Periodic Pe73

Components of Net Periodic Pension Cost (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Average daily balance during the year
Interest cost	$ 119	$ 128
Expected return on plan assets	(160)	(136)
Net amortization	103	102
Total periodic pension expense	62	94
Amortization of actuarial loss	(101)	(101)
Total recognized in other comprehensive income	(101)	(101)
Total recognized in net periodic expense and other comprehensive income (before tax)	$ (39)	$ (7)

FHLB Borrowings (Details)

FHLB Borrowings (Details) $ in Millions	3 Months Ended
	Mar. 31, 2017USD ($)Integer
Number of Federal Home Loan Bank Notes | Integer	3
Long-term Line of Credit	$ 1,300
Line of Credit Facility, Remaining Borrowing Capacity	748
Federal Home Loan Bank Note One [Member]
Extinguishment of Debt, Amount	$ 2.5
Debt Instrument, Maturity Date	Apr. 2, 2018
Federal Home Loan Bank Note Two [Member]
Extinguishment of Debt, Amount	$ 7.5
Debt Instrument, Maturity Date	Apr. 2, 2018
Federal Home Loan Bank Note Three [Member]
Extinguishment of Debt, Amount	$ 5
Debt Instrument, Maturity Date	Jul. 16, 2018

FHLB Borrowings (Details) - Sch

FHLB Borrowings (Details) - Schedule of components of FHLB borrowings and weighted average interest rates - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
By type of borrowing:
FHLB borrowings (in Dollars)	$ 476,226	$ 461,280
Weighted average interest rates	1.55%	1.55%
By remaining period to maturity:
Less than 1 year (in Dollars)	$ 281,226	$ 231,280
Less than 1 year	1.11%	1.02%
1 year through less than 2 years (in Dollars)	$ 105,000	$ 130,000
1 year through less than 2 years	1.96%	1.84%
2 years through less than 3 years (in Dollars)	$ 50,000	$ 35,000
2 years through less than 3 years	1.66%	1.60%
3 years through less than 4 years (in Dollars)	$ 40,000	$ 65,000
3 years through less than 4 years	3.43%	2.82%
Four to five years (in Dollars)

Securities Sold under Agreeme76

Securities Sold under Agreements to Repurchase (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Dec. 31, 2016
Securities carrying amount	$ 18,100	$ 16,800
Minimum [Member]
Percentage by which fair value of pledged securities must meet or exceed gross outstanding balance	8.00%

Securities Sold under Agreeme77

Securities Sold under Agreements to Repurchase (Details) - Schedule of repurchase agreements - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Dec. 31, 2016
Securities Sold under Agreements to Repurchase [Abstract]
Average daily balance during the year-to-date	$ 15,000	$ 15,000	$ 15,000
Average interest rate during the year-to-date	5.95%	5.95%	5.95%
Maximum month end balance during the year-to-date	$ 15,000	$ 15,000	$ 15,000
Weighted average interest rate during the year-to-date	5.95%	5.95%	5.95%

Securities Sold under Agreeme78

Securities Sold under Agreements to Repurchase (Details) - Schedule of remaining contractual maturity - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Total Borrowings	$ 18,143	$ 16,826
Amounts related to agreements not included in offsetting disclosure in Note 14:	3,143	1,826
U.S. Treasury and agency securities [Member]
Total Borrowings
Residential mortgage pass-through securities [Member]
Total Borrowings	18,143	16,826
Overnight and Continuous [Member]
Total Borrowings
Overnight and Continuous [Member] | U.S. Treasury and agency securities [Member]
Total Borrowings
Overnight and Continuous [Member] | Residential mortgage pass-through securities [Member]
Total Borrowings
Upto 30 Days [Member]
Total Borrowings
Upto 30 Days [Member] | U.S. Treasury and agency securities [Member]
Total Borrowings
Upto 30 Days [Member] | Residential mortgage pass-through securities [Member]
Total Borrowings
30 - 90 Days [Member]
Total Borrowings	18,143
30 - 90 Days [Member] | U.S. Treasury and agency securities [Member]
Total Borrowings
30 - 90 Days [Member] | Residential mortgage pass-through securities [Member]
Total Borrowings	18,143
Greater Than 90 Days[Member]
Total Borrowings		16,826
Greater Than 90 Days[Member] | U.S. Treasury and agency securities [Member]
Total Borrowings
Greater Than 90 Days[Member] | Residential mortgage pass-through securities [Member]
Total Borrowings		$ 16,826

Subordinated Debentures (Detail

Subordinated Debentures (Details) - USD ($) $ in Thousands	1 Months Ended	3 Months Ended
	Jun. 30, 2015	Mar. 31, 2017
Subordinated Debentures (Details) [Line Items]
Debt Instrument, Interest Rate, Stated Percentage		3.00%
Fixed-to-floating Rate Subordinated Notes [Member]
Subordinated Debentures (Details) [Line Items]
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 Issuance Cost		$ 580
Subordinated Debt from Trust [Member]
Subordinated Debentures (Details) [Line Items]
Value of subordinated debentures received by Trust		$ 5,000
Percentage Rate Added to Libor		2.85%
Floating interest rate on subordinated debentures		3.89%
Proceeds from Issuance of Debt		$ 5,200
Debt Instrument, Maturity Date		Jan. 23, 2034

Subordinated Debentures (Deta80

Subordinated Debentures (Details) - Schedule of Subordinated Borrowing - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2017	Dec. 31, 2016
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 Liabili81

Offsetting Assets and Liabilities (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Repurchase Agreements [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	248	88
Gross Amounts Offset in the Statement of Financial Position, Assets
Net Amounts of Assets Presented in the Statement of Financial Position, Assets	248	88
Financial Instruments Recognized, Assets
Cash or Financial Instrument Collateral, Assets
Net Amount, Assets	$ 248	$ 88