ConnectOne Bancorp (CNOB) 10-Q 4 Aug 17 2017 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2017	Aug. 02, 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	Jun. 30, 2017
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding		32,015,317
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2,017

CONSOLIDATED STATEMENTS OF COND

CONSOLIDATED STATEMENTS OF CONDITION - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
ASSETS
Cash and due from banks	$ 54,305	$ 37,150
Interest-bearing deposits with banks	92,203	163,249
Cash and cash equivalents	146,508	200,399
Securities available-for-sale	402,130	353,290
Loans held-for-sale (net of valuation allowance of $12,325 and $-0-, respectively)	51,124	78,005
Loans receivable	3,761,572	3,475,832
Less: Allowance for loan losses	28,401	25,744
Net loans receivable	3,733,171	3,450,088
Investment in restricted stock, at cost	32,152	24,310
Bank premises and equipment, net	21,630	22,075
Accrued interest receivable	13,194	12,965
Bank owned life insurance	99,777	98,359
Other real estate owned	580	626
Goodwill	145,909	145,909
Core deposit intangibles	2,702	3,088
Other assets	32,403	37,234
Total assets	4,681,280	4,426,348
Deposits:
Noninterest-bearing	695,522	694,977
Interest-bearing	2,734,851	2,649,294
Total deposits	3,430,373	3,344,271
Borrowings	626,173	476,280
Subordinated debentures (net of debt issuance costs of $539 and $621, respectively)	54,616	54,534
Other liabilities	23,945	20,231
Total liabilities	4,135,107	3,895,316
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY
Common stock, no par value, authorized 50,000,000 shares; issued 34,079,239 shares at June 30, 2017 and 34,018,731 at December 31, 2016; outstanding 32,015,317 shares at June 30, 2017 and 31,948,307 at December 31, 2016	412,546	412,726
Additional paid-in capital	12,377	11,407
Retained earnings	141,178	126,462
Treasury stock, at cost (2,063,922 common shares at June 30, 2017 and December 31, 2016)	(16,717)	(16,717)
Accumulated other comprehensive loss	(3,211)	(2,846)
Total stockholders' equity	546,173	531,032
Total liabilities and stockholders' equity	$ 4,681,280	$ 4,426,348

CONSOLIDATED STATEMENTS OF CON3

CONSOLIDATED STATEMENTS OF CONDITION (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Statement of Financial Position [Abstract]
Valuation allowance	$ 12,325	$ 0
Subordinated debentures, debt issuance costs	$ 539	$ 621
Common stock, shares authorized	50,000,000	50,000,000
Common stock, shares issued	34,079,239	34,018,731
Common stock, shares outstanding	32,015,317	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		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Interest income
Interest and fees on loans	$ 40,632	$ 36,561	$ 78,638	$ 71,578
Interest and dividends on securities:
Taxable	1,799	1,965	3,347	4,105
Tax-exempt	831	996	1,785	1,879
Dividends	290	370	620	722
Interest on federal funds sold and other short-term investments	139	146	385	280
Total interest income	43,691	40,038	84,775	78,564
Interest expense
Deposits	5,495	4,434	10,604	8,373
Borrowings	3,095	3,210	5,929	6,477
Total interest expense	8,590	7,644	16,533	14,850
Net interest income	35,101	32,394	68,242	63,714
Provision for loan losses	1,450	3,750	2,550	6,750
Net interest income after provision for loan losses	33,651	28,644	65,692	56,964
Noninterest income
Annuities and insurance commissions		32	39	72
Income on bank owned life insurance	714	616	1,417	1,228
Net gains on sale of loans held-for-sale	49	56	70	92
Deposit, loan and other income	659	763	1,302	1,277
Net gains on sales of securities available-for-sale		103	1,596	103
Total noninterest income	1,422	1,570	4,424	2,772
Noninterest expenses
Salaries and employee benefits	8,632	7,753	16,838	15,353
Occupancy and equipment	1,991	2,154	4,246	4,401
FDIC insurance	815	615	1,710	1,210
Professional and consulting	734	700	1,452	1,412
Marketing and advertising	289	250	545	523
Data processing	1,149	1,010	2,298	2,033
Amortization of core deposit intangible	193	217	386	434
Increase in valuation allowance, loans held-for-sale	9,725		12,325
Other expenses	1,775	1,653	3,752	3,339
Total noninterest expenses	25,303	14,352	43,552	28,705
Income before income tax expense	9,770	15,862	26,564	31,031
Income tax expense	2,087	5,003	7,001	9,781
Net income	7,683	10,859	19,563	21,250
Less: Preferred stock dividends				22
Net income available to common stockholders	$ 7,683	$ 10,859	$ 19,563	$ 21,228
Earnings per common share:
Basic	$ 0.24	$ 0.36	$ 0.61	$ 0.71
Diluted	0.24	0.36	0.60	0.70
Dividends per common share	$ 0.075	$ 0.075	$ 0.15	$ 0.15

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Statement of Comprehensive Income [Abstract]
Net income	$ 7,683	$ 10,859	$ 19,563	$ 21,250
Unrealized gains and losses:
Unrealized holding gains on available-for-sale securities arising during the period	224	1,179	913	2,074
Tax effect	(88)	(464)	(356)	(821)
Net of tax	136	715	557	1,253
Reclassification adjustment for realized gains included in net income		(103)	(1,596)	(103)
Tax effect		42	579	42
Net of tax		(61)	(1,017)	(61)
Amortization of unrealized net losses on held-to-maturity securities transferred from available-for-sale securities		44		96
Tax effect		(18)		(39)
Net of tax		26		57
Unrealized losses on cash flow hedges	(203)	(289)	(43)	(1,725)
Tax effect	82	118	17	704
Net of tax	(121)	(171)	(26)	(1,021)
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		206	102
Tax effect	(42)		(84)	(41)
Net of tax	61		122	61
Total other comprehensive income (loss)	76	509	(365)	288
Total comprehensive income	$ 7,759	$ 11,368	$ 19,198	$ 21,538

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) Income [Member]	Total
Balance at Dec. 31, 2015	$ 11,250	$ 374,287	$ 8,527	$ 104,606	$ (16,717)	$ (4,609)	$ 477,344
Net income				21,250			21,250
Other comprehensive income (loss), net of tax						288	288
Dividend on series B preferred stock				(22)			(22)
Cash dividends declared on common stock ($0.150 per share)				(4,533)			(4,533)
Redemption of preferred stock	(11,250)						(11,250)
Exercise of stock options (36,135 and 10,846 shares)			232				232
Restricted stock grants (75,520 and 56,164 shares)
Stock-based compensation expense			1,105				1,105
Balance at Jun. 30, 2016		374,287	9,864	121,301	(16,717)	(4,321)	484,414
Balance at Dec. 31, 2016		412,726	11,407	126,462	(16,717)	(2,846)	531,032
Net income				19,563			19,563
Other comprehensive income (loss), net of tax						(365)	(365)
Cash dividends declared on common stock ($0.150 per share)				(4,847)			(4,847)
Stock issuance costs		(180)					(180)
Exercise of stock options (36,135 and 10,846 shares)			118				118
Restricted stock grants (75,520 and 56,164 shares)
Stock-based compensation expense			852				852
Balance at Jun. 30, 2017		$ 412,546	$ 12,377	$ 141,178	$ (16,717)	$ (3,211)	$ 546,173

CONSOLIDATED STATEMENTS OF CHA7

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (Parenthetical) - $ / shares	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Statement of Stockholders' Equity [Abstract]
Cash dividends declared on common stock (in Dollars per share)	$ 0.150	$ 0.150
Exercise of stock options, shares	10,846	36,135
Restricted stock and performance units grants, shares	56,164	75,520

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Cash flows from operating activities
Net income	$ 19,563	$ 21,250
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization of premises and equipment	1,548	1,298
Provision for loan losses	2,550	6,750
Increase in valuation allowance	12,325
Amortization of intangibles	386	434
Net accretion of loans	(846)	(2,449)
Accretion on bank premises	(41)	(63)
Accretion on deposits	(12)	(132)
Accretion on borrowings	(107)	(173)
Stock-based compensation	852	1,105
Gains on sales of investment securities, net	(1,596)	(103)
Gains on sales of loans held-for-sale, net	(70)	(92)
Gains on sales of fixed assets, net	(8)
Loans originated for resale	(3,891)	(2,797)
Proceeds from sale of loans held-for-sale	8,979	2,529
Net loss (gain) on sale of other real estate owned	82	(210)
Increase in cash surrender value of bank-owned life insurance	(1,417)	(1,228)
Amortization of premiums and accretion of discounts on investments securities, net	1,078	770
Increase in accrued interest receivable	(229)	(181)
Decrease (increase) in other assets	4,869	(6,988)
Increase in other liabilities	4,026	4,734
Net cash provided by operating activities	48,041	24,454
Investment securities available-for-sale:
Purchases	(117,857)	(68,155)
Sales	29,543	6,573
Maturities, calls and principal repayments	39,313	50,758
Investment securities held-to-maturity:
Purchases		(1,000)
Maturities and principal repayments		9,972
Net (purchases) redemptions of restricted investment in bank stocks	(7,842)	7,402
Payments on loans held-for-sale	2,379
Net increase in loans	(278,208)	(275,305)
Proceeds from sales of fixed assets	8
Purchases of premises and equipment	(1,062)	(1,379)
Proceeds from sale of other real estate owned	544	1,312
Net cash used in investing activities	(333,182)	(269,822)
Cash flows from financing activities
Net increase in deposits	86,114	410,159
Advances of Federal Home Loan Bank ("FHLB") borrowings	425,000	375,000
Repayments of FHLB borrowings	(260,000)	(550,000)
Repayment of repurchase agreement	(15,000)
Cash dividends paid on common stock	(4,802)	(4,533)
Cash dividends paid on preferred stock		(22)
Common stock issuance costs	(180)
Redemption of preferred stock		(11,250)
Proceeds from exercise of stock options	118	232
Net cash provided by financing activities	231,250	219,586
Net change in cash and cash equivalents	(53,891)	(25,782)
Cash and cash equivalents at beginning of period	200,399	200,895
Cash and cash equivalents at end of period	146,508	175,113
Cash payments for:
Interest paid on deposits and borrowings	14,643	14,620
Income taxes	3,065	14,685
Supplemental disclosures of noncash investing activities
Transfer of loans to other real estate owned	580	583
Transfer of loans held-for-sale to loans held-for-maturity	$ 7,159

Nature of Operations and Princi

Nature of Operations and Principles of Consolidation	6 Months Ended
	Jun. 30, 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. Each borrowers’ ability to repay its loans is dependent on the conversion of assets, cash flows generated from the borrowers’ 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 and six months ended June 30, 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	6 Months Ended
	Jun. 30, 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. 2017-04, “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. Although management continues to evaluate the potential impact of ASU 2017-04 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. 2016-15, “ 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. Although management continues to evaluate the potential impact of ASU 2016-05 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. 2016-13, “ 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, 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. 2016-02, “ 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. The Company is currently leasing seventeen properties as branch locations and is leasing certain office equipment. The adoption of ASU 2016-02 will result in increases to the Company's assets and liabilities. We are currently in the process of evaluating all of our leases for compliance with the new ASU. 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. 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. In March 2016, the FASB issued ASU No. 2016-08, Revenue from Contracts with Customers (Topic 606) In April 2016, the FASB issued ASU No. 2016-10, Revenue from Contracts with Customers (Topic 606) In May 2016, the FASB issued ASU No. 2016-12, Revenue from Contracts with Customers (Topic 606) In December 2016, the FASB issued ASU No. 2016-20, Revenue from Contracts with Customers (Topic 606): Technical Corrections and Improvements

Earnings per Common Share

Earnings per Common Share	6 Months Ended
	Jun. 30, 2017
Earnings per common share:
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 previously 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 Six Months Ended June 30, June 30, (in thousands, except for per share data) 2017 2016 2017 2016 Net income available to common stockholders $ 7,659 $ 10,859 $ 19,499 $ 21,164 Earnings allocated to participating securities 24 - 64 64 Income attributable to common stock $ 7,683 $ 10,859 $ 19,563 $ 21,228 Weighted average common shares outstanding, including participating securities 32,008 30,129 31,991 30,082 Weighted average participating securities (102 ) (112 ) (105 ) (91 ) Weighted average common shares outstanding 31,906 30,017 31,886 29,991 Incremental shares from assumed conversions of options, performance units and restricted shares 350 355 347 340 Weighted average common and equivalent shares outstanding 32,256 30,372 32,233 30,331 Earnings per common share: Basic $ 0.24 $ 0.36 $ 0.61 $ 0.71 Diluted 0.24 0.36 0.60 0.70 There were no antidilutive share equivalents as of June 30, 2017 and June 30, 2016.

Securities Available-For-Sale

Securities Available-For-Sale	6 Months Ended
	Jun. 30, 2017
Investments, Debt and Equity Securities [Abstract]
Securities Available-For-Sale	Note 4. Securities Available-For-Sale The Company’s securities are classified as available-for-sale at June 30, 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 June 30, 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 quarter ended September 30, 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 June 30, 2017 and December 31, 2016: Gross Gross Amortized Unrealized Unrealized Fair June 30, 2017 Cost Gains Losses Value (dollars in thousands) Securities available-for-sale Federal agency obligations $ 59,509 $ 317 $ (181 ) $ 59,645 Residential mortgage pass-through securities 140,963 635 (1,198 ) 140,400 Commercial mortgage pass-through securities 4,120 53 - 4,173 Obligations of U.S. states and political subdivisions 135,181 2,309 (1,136 ) 136,354 Trust preferred securities 4,576 83 (73 ) 4,586 Corporate bonds and notes 30,352 252 (316 ) 30,288 Asset-backed securities 13,293 48 (60 ) 13,281 Certificates of deposit 622 7 - 629 Equity securities 377 227 - 604 Other securities 12,454 - (284 ) 12,170 Total securities available-for-sale $ 401,447 $ 3,931 $ (3,248 ) $ 402,130 Gross Gross Amortized Unrealized Unrealized Fair December 31, 2016 Cost Gains Losses Value (dollars in thousands) 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 June 30, 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. June 30, 2017 Amortized Fair Cost Value (dollars in thousands) Securities available-for-sale: Due in one year or less $ 5,577 $ 5,602 Due after one year through five years 29,846 30,058 Due after five years through ten years 39,632 40,261 Due after ten years 168,478 168,862 Residential mortgage pass-through securities 140,963 140,400 Commercial mortgage pass-through securities 4,120 4,173 Equity securities 377 604 Other securities 12,454 12,170 Total $ 401,447 $ 402,130 Gross gains and losses from the sales, calls and maturities of securities for periods presented were as follows: Three Months Ended Six Months Ended June 30, June 30, 2017 2016 2017 2016 (dollars in thousands) Proceeds $ - $ 6,573 $ 29,543 $ 6,573 Gross gains on sales of securities - 103 1,596 103 Gross losses on sales of securities - - - - Net gains on sales of securities - 103 1,596 103 Less: tax provision on net gains - 42 (579 ) 42 Net gains on sales of securities, after tax $ - $ 61 $ 1,017 $ 61 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 June 30, 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 OTTI at June 30, 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 June 30, 2017 and December 31, 2016: June 30, 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 $ 22,344 $ (181 ) $ 21,184 $ (177 ) $ 1,160 $ (4 ) Residential mortgage pass-through securities 88,378 (1,198 ) 86,925 (1,161 ) 1,453 (37 ) Obligations of U.S. states and political subdivisions 58,315 (1,136 ) 58,315 (1,136 ) - - Trust preferred securities 1,505 (73 ) - - 1,505 (73 ) Corporate bonds and notes 16,292 (316 ) 7,086 (164 ) 9,206 (152 ) Asset-backed securities 8,249 (60 ) - - 8,249 (60 ) Other securities 11,182 (284 ) 5,905 (61 ) 5,277 (223 ) Total temporarily impaired securities $ 206,265 $ (3,248 ) $ 179,415 $ (2,699 ) $ 26,850 $ (549 ) 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 $106.0 million and $121.9 million at June 30, 2017 and December 31, 2016, respectively, were pledged to secure public deposits, Federal Reserve Bank discount window borrowings, Federal Home Loan Bank (“FHLB”) advances and for other purposes required or permitted by law. As of June 30, 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	6 Months Ended
	Jun. 30, 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 April 13, 2017, August 24, 2015, December 30, 2014 and October 15, 2014, and each with a respective notional amount of $25 million and were designated as cash flow hedges of a FHLB 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 June 30, 2017, December 31, 2016 and June 30, 2016 are presented in the following table. June 30, December 31, June 30, 2017 2016 2016 (dollars in thousands) Notional amount $ 100,000 $ 75,000 $ 75,000 Weighted average pay rates 1.62 % 1.59 % 1.58 % Weighted average receive rates 1.08 % 0.69 % 0.65 % Weighted average maturity 2.97 years 2.8 years 3.3 years Fair value $ 45 $ 88 $ (1,856 ) Interest expense recorded on these swap transactions totaled approximately $124,000 and $232,000 for the three and six months ended June 30, 2017, respectively, and $176,000 and $367,000 for the three and six months ended June 30, 2016, respectively. Cash Flow Hedge The following table presents the net losses recorded in other comprehensive income and the Consolidated Statements of Income relating to the cash flow derivative instruments for the following periods: Six Months Ended June 30, 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 Portion) interest income (Ineffective Portion) (dollars in thousands) Interest rate contracts $ (43 ) $ - $ - Six Months Ended June 30, 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 Portion) interest income (Ineffective Portion) (dollars in thousands) Interest rate contracts $ (1,725 ) $ - $ - The following table reflects the cash flow hedges included in the consolidated statements of condition as of June 30, 2017 and December 31, 2016: June 30, 2017 December 31, 2016 Notional Notional Amount Fair Value Amount Fair Value (dollars in thousands) Interest rate swaps related to FHLB advances included in assets $ 100,000 $ 45 $ 75,000 $ 88

Loans and the Allowance for Loa

Loans and the Allowance for Loan Losses	6 Months Ended
	Jun. 30, 2017
Receivables [Abstract]
Loans and the Allowance for Loan 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 consideration of 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 defaults, 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 (“ALLL”). After acquisition, probable incurred credit losses are recognized by an increase in the ALLL. 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: June 30, December 31, 2017 2016 (dollars in thousands) Commercial $ 50,891 $ 70,105 Commercial real estate - 7,712 Residential real estate 233 188 Total carrying amount $ 51,124 $ 78,005 As of June 30, 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 $50.9 million and $65.6 million, net of $12.3 million and $-0- million valuation allowance, respectively. Activity in the valuation allowance was as follows for the following periods: Three Months Three Months Ended Ended June 30, 2017 June 30, 2016 (dollars in thousands) Balance at beginning of period $ 2,600 $ - Increase in valuation allowance 9,725 - Balance at end of period $ 12,325 $ - Six Months Six Months Ended Ended June 30, 2017 June 30, 2016 (dollars in thousands) Balance at beginning of period $ - $ - Increase in valuation allowance 12,325 - Balance at end of period $ 12,325 $ - Loans receivable The following table sets forth the composition of the Company’s loan portfolio, including net deferred loan fees, at June 30, 2017 and December 31, 2016: June 30, December 31, 2017 2016 (dollars in thousands) Commercial $ 610,442 $ 553,576 Commercial real estate 2,470,957 2,204,710 Commercial construction 431,050 486,228 Residential real estate 251,107 232,547 Consumer 2,005 2,380 Gross loans 3,765,561 3,479,441 Net deferred loan fees (3,989 ) (3,609 ) Total loans receivable $ 3,761,572 $ 3,475,832 At June 30, 2017 and December 31, 2016 loan balances of approximately $1.8 billion were pledged to secure borrowings from the FHLB 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 June 30, 2017 and December 31, 2016. June 30, December 31, 2017 2016 (dollars in thousands) Commercial $ 7,951 $ 7,098 Commercial real estate 260 982 Total carrying amount $ 8,211 $ 8,080 For those purchased loans disclosed above, the Company did not increase the allowance for loan losses during both the three and six months ended June 30, 2017 and June 30, 2016. No allowances for loan losses were reversed during the three and six months ended June 30, 2017 and 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 June 30, 2017 June 30, 2016 (dollars in thousands) Balance at beginning of period $ 2,674 $ 3,416 Accretion of income (178 ) (183 ) Balance at end of period $ 2,496 $ 3,233 Six Months Six Months Ended Ended June 30, 2017 June 30, 2016 (dollars in thousands) Balance at beginning of period $ 2,860 $ 3,599 Accretion of income (364 ) (366 ) Balance at end of period $ 2,496 $ 3,233 Loans Receivable on Nonaccrual Status The following tables presents nonaccrual loans included in loans receivable by loan segment as of the periods presented: June 30, December 31, 2017 2016 (dollars in thousands) Commercial $ 1,351 $ 1,460 Commercial real estate 8,571 1,081 Residential real estate 4,133 3,193 Total loans receivable on nonaccrual status $ 14,055 $ 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 June 30, 2017 and December 31, 2016: June 30, 2017 Special Pass Mention Substandard Doubtful Total (dollars in thousands) Commercial $ 597,308 $ 3,062 $ 10,072 $ - $ 610,442 Commercial real estate 2,421,030 29,352 20,575 - 2,470,957 Commercial construction 425,713 2,816 2,521 - 431,050 Residential real estate 246,830 - 4,277 - 251,107 Consumer 1,953 - 52 - 2,005 Gross loans $ 3,692,834 $ 35,230 $ 37,497 $ - $ 3,765,561 December 31, 2016 Special Pass Mention Substandard Doubtful Total (dollars 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 June 30, 2017 and December 31, 2016: June 30, 2017 Unpaid Recorded Principal Related Investment Balance Allowance No related allowance recorded (dollars in thousands) Commercial $ 3,184 $ 3,197 Commercial real estate 15,380 15,405 Commercial construction 4,271 4,271 Residential real estate 1,192 1,401 Consumer 52 52 Total $ 24,079 $ 24,326 With an allowance recorded Commercial real estate $ 1,926 $ 2,338 $ 162 Total Commercial $ 3,184 $ 3,197 $ - Commercial real estate 17,306 17,743 162 Commercial construction 4,271 4,271 - Residential real estate 1,192 1,401 - Consumer 52 52 - Total (including allowance) $ 26,005 $ 26,664 $ 162 December 31, 2016 Unpaid Recorded Principal Related Investment Balance Allowance No related allowance recorded (dollars in thousands) Commercial $ 3,637 $ 4,063 Commercial real estate 18,288 18,288 Commercial construction 5,909 5,909 Residential real estate 1,851 2,055 Consumer 62 62 Total $ 29,747 $ 30,377 With an allowance recorded Commercial real estate $ 1,244 $ 1,244 $ 145 Total Commercial $ 3,637 $ 4,063 $ - Commercial real estate 19,532 19,532 145 Commercial construction 5,909 5,909 - Residential real estate 1,851 2,055 - Consumer 62 62 - Total (including allowance) $ 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 and six months ended June 30, 2017 and 2016: Three Months Ended June 30, Six Months Ended June 30, 2017 2016 2017 2016 Average Interest Average Interest Average Interest Average Interest Recorded Income Recorded Income Recorded Income Recorded Income Investment Recognized Investment Recognized Investment Recognized Investment Recognized (dollars in thousands) Impaired loans (no allowance) Commercial $ 3,209 $ 42 $ 2,370 $ 20 $ 3,230 $ 81 $ 2,337 $ 20 Commercial real estate 15,456 97 16,072 27 14,526 203 15,623 53 Commercial construction 4,263 69 1,426 16 4,266 152 1,911 33 Residential real estate 1,200 2 3,947 5 1,210 4 4,021 10 Consumer 54 - 79 1 56 1 82 2 Total $ 24,182 $ 210 $ 23,894 $ 69 $ 23,288 $ 441 $ 23,974 $ 118 Impaired loans (allowance): Commercial $ - $ - $ 93,260 $ 784 $ - $ - $ 88,691 $ 1,522 Commercial real estate 1,933 33 153 - 1,941 38 153 - Total $ 1,933 $ 33 $ 93,413 $ 784 $ 1,941 $ 38 $ 88,844 $ 1,522 Total impaired loans: Commercial $ 3,209 $ 42 $ 95,630 $ 804 $ 3,230 $ 81 $ 91,028 $ 1,542 Commercial real estate 17,389 130 16,225 27 16,467 241 15,776 53 Commercial construction 4,263 69 1,426 16 4,266 152 1,911 33 Residential mortgage 1,200 2 3,947 5 1,210 4 4,021 10 Consumer 54 - 79 1 56 1 82 2 Total $ 26,115 $ 234 $ 117,307 $ 853 $ 25,229 $ 479 $ 112,818 $ 1,640 Included in impaired loans at June 30, 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 June 30, 2017 and December 31, 2016 by segment: Aging Analysis June 30, 2017 90 Days or Greater Past Total Past 30-59 Days 60-89 Days Due and Still Due and Past Due Past Due Accruing Nonaccrual Nonaccrual Current Gross Loans (dollars in thousands) Commercial $ 454 $ 18 $ 5,551 $ 1,351 $ 7,374 $ 603,068 $ 610,442 Commercial real estate - - - 8,571 8,571 2,462,386 2,470,957 Commercial construction - 460 - - 460 430,590 431,050 Residential real estate - 745 - 4,133 4,878 246,229 251,107 Consumer 7 - - - 7 1,998 2,005 Total $ 461 $ 1,223 $ 5,551 $ 14,055 $ 21,290 $ 3,744,271 $ 3,765,561 December 31, 2016 90 Days or Greater Past Total Past 30-59 Days 60-89 Days Due and Still Due and Past Due Past Due Accruing Nonaccrual Nonaccrual Current Gross Loans (dollars in thousands) 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 or greater past due and still accruing/accreting category as of both June 30, 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 (“ALLL”) that are allocated to each loan portfolio segment: June 30, 2017 Commercial Commercial Residential Commercial real estate construction real estate Consumer Unallocated Total (dollars in thousands) ALLL Individually evaluated for impairment $ - $ 162 $ - $ - $ - $ - $ 162 Collectively evaluated for impairment 7,238 14,227 4,241 985 2 546 27,239 Acquired portfolio - 1,000 - - - - 1,000 Acquired with deteriorated credit quality - - - - - - - Total ALLL $ 7,238 $ 15,389 $ 4,241 $ 985 $ 2 $ 546 $ 28,401 Gross loans Individually evaluated for impairment $ 3,184 $ 17,306 $ 4,271 $ 1,192 $ 52 $ 26,005 Collectively evaluated for impairment 579,510 2,003,595 426,779 185,135 1,489 3,196,508 Acquired portfolio 19,797 449,796 - 64,780 464 534,837 Acquired with deteriorated credit quality 7,951 260 - - - 8,211 Total gross loans $ 610,442 $ 2,470,957 $ 431,050 $ 251,107 $ 2,005 $ 3,765,561 December 31, 2016 Commercial Commercial Residential Commercial real estate construction real estate Consumer Unallocated Total (dollars in thousands) ALLL 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 ALLL $ 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 (“ALLL”) 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 ALLL is as follows: Three Months Ended June 30, 2017 Commercial Commercial Residential Commercial real estate construction real estate Consumer Unallocated Total (dollars in thousands) Balance at March 31, 2017 $ 6,667 $ 14,118 $ 4,574 $ 1,008 $ 3 $ 531 $ 26,901 Charge-offs - - - - (10 ) - (10 ) Recoveries 15 45 - - - - 60 Provision 556 1,226 (333 ) (23 ) 9 15 1,450 Balance at June 30, 2017 $ 7,238 $ 15,389 $ 4,241 $ 985 $ 2 $ 546 $ 28,401 Three Months Ended June 30, 2016 Commercial Commercial Residential Commercial real estate construction real estate Consumer Unallocated Total (dollars in thousands) Balance at March 31, 2016 $ 13,097 $ 10,941 $ 3,617 $ 1,074 $ 4 $ 341 $ 29,074 Charge-offs (72 ) - - - (5 ) - (77 ) Recoveries 1 12 - 2 1 - 16 Provision 2,522 418 423 15 4 368 3,750 Balance at June 30, 2016 $ 15,548 $ 11,371 $ 4,040 $ 1,091 $ 4 $ 709 $ 32,763 Six Months Ended June 30, 2017 Commercial Commercial Residential Commercial real estate construction real estate Consumer Unallocated Total (dollars in thousands) Balance at December 31, 2016 $ 6,632 $ 12,583 $ 4,789 $ 958 $ 3 $ 779 $ 25,744 Charge-offs - (71 ) - - (11 ) - (82 ) Recoveries 141 48 - - - - 189 Provision 465 2,829 (548 ) 27 10 (233 ) 2,550 Balance at June 30, 2017 $ 7,238 $ 15,389 $ 4,241 $ 985 $ 2 $ 546 $ 28,401 Six Months Ended June 30, 2016 Commercial Commercial Residential Commercial real estate construction real estate Consumer Unallocated Total (dollars in thousands) Balance at December 31, 2015 $ 10,949 $ 10,926 $ 3,253 $ 976 $ 4 $ 464 $ 26,572 Charge-offs (517 ) - - (67 ) (5 ) - (589 ) Recoveries 2 25 - 2 1 - 30 Provision 5,114 420 787 180 4 245 6,750 Balance at June 30, 2016 $ 15,548 $ 11,371 $ 4,040 $ 1,091 $ 4 $ 709 $ 32,763 Troubled 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 June 30, 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 TDRs and the related changes to the allowance for loan losses (“ALLL”) that occurred for the periods presented: Six Months Ended Year Ended June 30, 2017 December 31, 2016 (dollars in thousands) Recorded Recorded Investment ALLL Investment ALLL Troubled Debt Restructurings Beginning balance $ 13,818 $ - $ 86,629 $ 4,500 Additions 3,079 - 26,325 8,250 Payoffs/paydowns (1,226 ) - (2,616 ) - Transfers (580 ) - (96,520 ) - Other - - - (12,750 ) Ending balance $ 15,091 $ - $ 13,818 $ - TDRs totaled $15.1 million at June 30, 2017, of which $4.9 million were on nonaccrual status and $10.2 million were performing under restructured terms. At December 31, 2016, TDRs, totaled $13.8 million, of which $0.5 million were on nonaccrual status and $13.3 million were performing under restructured terms. TDRs as of June 30, 2017 did not increase the ALLL during the three and six months ended June 30, 2017. There were no charge-offs in connection with a loan modification at the time of modification during the three or six months ended June 30, 2017. There were no TDRs for which there was a payment default within twelve months following the modification during the three and six months ended June 30, 2017. TDRs totaled $99.2 million at June 30, 2016, of which $1.4 million were on nonaccrual status and $97.8 million were performing troubled debt restructurings. The Company had allocated $7.8 in specific allocations with respect to loans whose loan terms had been modified in troubled debt restructurings as of June 30, 2016. TDRs as of June 30, 2016 increased the ALLL by $1.5 and $3.3 million during the three and six months ended June 30, 2016, respectively. The $7.8 million in specific allocations referenced above were associated with taxi medallion lending and were calculated based on the present value of estimated cash flows, including contractual debt interest service through maturity, and principal repayments based on the estimated fair value of the collateral excluding any consideration for personal guarantees of borrowers, which provide an additional source of repayment but cannot be relied upon. The valuation per corporate medallion used for the calculation at June 30, 2016 was approximately $750,000. An additional $3.3 million specific allocation was required at June 30, 2016 due to a decline in the Company’s estimated valuation of taxi medallions since December 31, 2015, when the specific allocation was $4.5 million. The following table presents loans by class modified as TDRs that occurred during the six months ended June 30, 2016 (dollars in thousands): Pre-Modification Post-Modification Outstanding Outstanding Number of Recorded Recorded Loans Investment Investment Troubled debt restructurings: (dollars in thousands) Commercial 12 $ 12,018 $ 12,018 Commercial real estate 1 575 575 Commercial construction - - - Residential real estate - - - Consumer - - - Total 13 $ 12,593 $ 12,593 Included in the above TDRs were eight loans secured by 15 New York City taxi medallions totaling $10.1 million. These loan modifications included interest rate reductions and maturity extensions. All eight loans were accruing prior to modification, while seven remained in accrual status post-modification. The TDRs described above increased the allowance for loan losses by $108 thousand during the six months ended June 30, 2016. There were no charge-offs in connection with a loan modification at the time of modification during the three and six months ended June 30, 2016. There were no TDRs for which there was a payment default within twelve months following the modification during the three or six months ended June 30, 2016.

Fair Value Measurements and Fai

Fair Value Measurements and Fair Value of Financial Instruments	6 Months Ended
	Jun. 30, 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 June 30, 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 June 30, 2017 and December 31, 2016 are as follows: June 30, 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 $ 59,645 $ - $ 59,645 $ - Residential mortgage pass-through securities 140,400 - 140,400 - Commercial mortgage pass-through securities 4,173 - 4,173 - Obligations of U.S. states and political subdivisions 136,354 - 118,371 17,983 Trust preferred securities 4,586 - 4,586 - Corporate bonds and notes 30,288 - 30,288 - Asset-backed securities 13,281 - 13,281 - Certificates of deposit 629 - 629 - Equity securities 604 604 - - Other securities 12,170 12,170 - - Total available-for-sale $ 402,130 $ 12,774 $ 371,373 $ 17,983 Derivatives 45 - 45 - Total Assets $ 402,175 $ 12,774 $ 371,418 $ 17,983 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 subdivisions 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 June 30, 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 June 30, 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 June 30, 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 June 30, 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 Assets Inputs Inputs Assets measured at fair value on a nonrecurring basis: June 30, 2017 (Level 1) (Level 2) (Level 3) Impaired loans: (dollars in thousands) Commercial real estate $ 1,432 $ - $ - $ 1,432 Loans held-for-sale: Commercial 50,891 - - 50,891 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: (dollars 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 June 30, 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. Loans held-for-sale - Loans held-for-sale at June 30, 2017 that required a valuation allowance were $63.2 million with a related valuation allowance of $12.3 million compared to $65.6 million with no valuation allowance 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 on a recurring basis using significant unobservable inputs (Level 3) for the six months ended June 30, 2017 and year ended December 31, 2016: Municipal Securities (dollars in thousands) Beginning balance, January 1, 2017 $ 18,218 Other (1) - Principal paydowns (235 ) Ending balance, June 30, 2017 $ 17,983 Municipal Securities (dollars in thousands) 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 June 30, 2017 and December 31, 2016. The table below provides quantitative information about significant unobservable inputs used in fair value measurements within Level 3 hierarchy. June 30, 2017 Valuation Unobservable Fair Value Techniques Input Range Securities available-for-sale: (dollars in thousands) Municipal securities $ 17,983 Discounted Cash Discount Rate 2.8% Flows December 31, 2016 Valuation Unobservable Fair Value Techniques Input Range Securities available-for-sale: (dollars in thousands) 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. June 30, 2017 Valuation Techniques Unobservable Type Fair Value (weightings) Input Range (weighted average) ( dollars in thousands) Impaired loans : Commercial real estate $ 1,432 Appraisals of Comparable sales 0% - 15% (6%) Loans held-for-sale: Commercial taxi medallion loans $ 50,891 Market approach Indications under securitized 37 - 100 (45) (70%) transactions expressed as a price to unpaid principal balance Discounted cash flows (30%) Discount Rate 14% December 31, 2016 Valuation Techniques Unobservable Type Fair Value (weightings) Input Range (weighted average) (dollars in thousands) Impaired loans : Commercial real estate $ 1,099 Appraisals of Comparable sales 0% - 15% (6%) collateral value Loans held-for-sale: Commercial taxi medallion loans $ 65,596 Market approach Indications under securitized 40 - 100 (59) (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. The fair value of the Company’s loans was estimated by discounting the expected future cash flows using the current interest rates at which similar loans would be made to borrowers with similar credit ratings and for the same remaining maturities. Loans were segregated by types such as commercial, residential and consumer loans. Expected future cash flows were projected based on contractual cash flows, adjusted for estimated prepayments. The methods utilized to estimate the fair value of loans do not necessarily represent an exit price and therefore, while permissible for presentation purposes under ASC 825-10, do not conform to ASC 820-10. 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 June 30, 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) (dollars in thousands) June 30, 2017 Financial assets: Cash and due from banks $ 146,508 $ 146,508 $ 146,508 $ - $ - Securities available-for-sale 402,130 402,130 12,774 371,373 17,983 Restricted investment in bank stocks 32,152 n/a n/a n/a n/a Loans held-for-sale 51,124 51,124 - 233 50,891 Net loans 3,733,171 3,740,586 - - 3,740,586 Derivatives 45 45 - 45 - Accrued interest receivable 13,194 13,194 - 1,744 11,450 Financial liabilities: Noninterest-bearing deposits 695,522 695,522 695,522 - - Interest-bearing deposits 2,734,851 2,735,530 1,753,548 981,982 - Borrowings 626,173 627,854 - 627,854 - Subordinated debentures 54,616 56,542 - 56,542 - Accrued interest payable 6,044 6,044 - 6,044 - 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)	6 Months Ended
	Jun. 30, 2017
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
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 Amounts Reclassified from Accumulated Statement Where Net Income is Comprehensive Income Components Other Comprehensive Income/(Loss) Other Comprehensive Income/(Loss) Presented (dollars in thousands) Three Months Ended June 30, Six Months Ended June 30, 2017 2016 2017 2016 Net gains on sales of securities Sale of securities available-for-sale $ - $ (103 ) $ 1,596 $ 103 available for sale - 42 (579 ) (42 ) Income tax expense - (61 ) 1,017 61 Amortization of pension plan net actuarial losses (103 ) - (206 ) (102 ) Salaries and employee benefits 42 - 84 41 Income tax benefit (61 ) - (122 ) (61 ) Total reclassification $ (61 ) $ (61 ) $ 895 $ - Accumulated other comprehensive (loss) income (net of tax) at June 30, 2017 and December 31, 2016 consisted of the following: June 30, December 31, 2017 2016 (dollars in thousands) Securities available-for-sale $ 473 $ 933 Cash flow hedge 26 52 Defined benefit pension and post-retirement plans (3,710 ) (3,831 ) Total accumulated other comprehensive loss $ (3,211 ) $ (2,846 )

Stock-Based Compensation

Stock-Based Compensation	6 Months Ended
	Jun. 30, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock-Based Compensation	Note 9. Stock-Based Compensation In 2017, the Company’s stockholders approved the 2017 Equity Compensation Plan (“the Plan”) on May 23, 2017. The Plan eliminates all remaining issuable shares under previous plans and is the only outstanding plan as of June 30, 2017. The maximum number of shares of common stock or equivalents, which may be issued under the Plan, is 750,000. Grants under the Plan can be in the form of stock options (qualified or non-qualified), restricted shares, restricted share units or performance units. Shares available for grant and issuance under the Plan as of June 30, 2017 are 750,000. The Company intends to issue all shares under this plan 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. Forfeiture rates are not estimated but are handled on a case-by-case basis No options or performance units were granted during the three months ended June 30, 2017 or 2016. A total of 1,000 restricted shares were granted during the quarter to one individual who joined the company during the three months ended June 30, 2017. Option activity under the Company’s option plans as of and for the six months ended June 30, 2017 were as follows: Weighted- Average Weighted- Remaining Average Contractual Exercise Term Aggregate Shares Price (In Years) Intrinsic Value Outstanding at December 31, 2016 358,367 $ 6.26 Granted - - Exercised (10,846 ) 13.44 Forfeited/cancelled/expired - - Outstanding at June 30, 2017 347,521 $ 6.11 2.20 $ 5,711,643 Exercisable at June 30, 2017 343,991 $ 6.03 2.16 $ 5,682,309 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 June 30, 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 June 30, 2017. This amount changes based on the fair market value of the Parent Corporation’s stock. The below table represents information regarding restricted shares currently outstanding at June 30, 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 June 30, 2017 102,078 $ 20.41 As of June 30, 2017, there was $1,694,035 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 1.7 years. At June 30, 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 June 30, 2017 the maximum amount of performance units that ultimately could vest if performance targets were exceeded is 226,791. 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 June 30, 2017 151,194 226,791 $ 19.19 At June 30, 2017, compensation cost of $1,051,067 related to non-vested performance unit awards not yet recognized is expected to be recognized over a weighted-average period of 1.3 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 three and six months ended June 30, 2017 is a benefit of $47 thousand and $180 thousand, respectively, which resulted from the effect of implementing ASU 2016-09.

Components of Net Periodic Pens

Components of Net Periodic Pension Cost	6 Months Ended
	Jun. 30, 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 Six Months Ended June 30, June 30, 2017 2016 2017 2016 (dollars in thousands) Interest cost $ 120 $ 129 $ 239 $ 257 Expected return on plan assets (160 ) (155 ) (320 ) (291 ) Net amortization 103 102 206 204 Recognized settlement loss - - - - Net periodic pension cost $ 63 $ 76 $ 125 $ 170 Amortization of actuarial loss $ (103 ) $ - $ (204 ) $ (101 ) Total recognized in other comprehensive income $ (103 ) $ - $ (204 ) $ (101 ) Total recognized in net expense and OCI (before tax) $ (40 ) $ 76 $ (79 ) $ 69 Contributions The Company did not make any contributions during the six months ended June 30, 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	6 Months Ended
	Jun. 30, 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: June 30, 2017 December 31, 2016 Amount Rate Amount Rate (dollars in thousands) Total FHLB borrowings $ 626,173 1.56 % $ 461,280 1.55 % By remaining period to maturity: Less than 1 year $ 446,173 1.30 % $ 231,280 1.02 % 1 year through less than 2 years 115,000 1.85 % 130,000 1.84 % 2 years through less than 3 years 25,000 1.85 % 35,000 1.60 % 3 years through less than 4 years 40,000 3.43 % 65,000 2.82 % 4 years through 5 years - - - - Total FHLB borrowings $ 626,173 1.56 % $ 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 notes ($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 June 30, 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 June 30, 2017 the Company had remaining borrowing capacity of approximately $721 million at FHLB.

Securities Sold under Agreement

Securities Sold under Agreements to Repurchase	6 Months Ended
	Jun. 30, 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: June 30, December 31, June 30, 2017 2016 2016 (dollars in thousands) Average daily balance during the year-to-date $ 13,674 $ 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 % As of June 30, 2017, there were no repurchase agreements outstanding. The previous outstanding repurchase agreement of $15.0 million was repaid on June 15, 2017. December 31, 2016 Remaining Contractual Maturity of the Agreements Overnight and Up to 30 Greater Than Continuous Days 31-90 Days 90 Days Total (dollars in thousands) Repurchase agreements & repurchase-to-maturity transaction 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 $-0- and $16.8 million at June 30, 2017 and December 31, 2016, respectively.

Subordinated Debentures

Subordinated Debentures	6 Months Ended
	Jun. 30, 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 June 30, 2017 was 4.02%. 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 June 30, 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 June 30, 2017, unamortized costs related to the debt issuance was approximately $539,000.

Offsetting Assets and Liabiliti

Offsetting Assets and Liabilities	6 Months Ended
	Jun. 30, 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 June 30, 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 (dollars in thousands) June 30, 2017 Assets: Interest rate swaps $ 45 $ - $ 45 $ - $ - $ 45 Liabilities: Repurchase agreements $ - $ - $ - $ - $ - $ - 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)	6 Months Ended
	Jun. 30, 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. 2017-04, “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. Although management continues to evaluate the potential impact of ASU 2017-04 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. 2016-15, “ 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. Although management continues to evaluate the potential impact of ASU 2016-05 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. 2016-13, “ 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, 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. 2016-02, “ 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. The Company is currently leasing seventeen properties as branch locations and is leasing certain office equipment. The adoption of ASU 2016-02 will result in increases to the Company's assets and liabilities. We are currently in the process of evaluating all of our leases for compliance with the new ASU. 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. 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. In March 2016, the FASB issued ASU No. 2016-08, Revenue from Contracts with Customers (Topic 606) In April 2016, the FASB issued ASU No. 2016-10, Revenue from Contracts with Customers (Topic 606) In May 2016, the FASB issued ASU No. 2016-12, Revenue from Contracts with Customers (Topic 606) In December 2016, the FASB issued ASU No. 2016-20, Revenue from Contracts with Customers (Topic 606): Technical Corrections and Improvements

Earnings per Common Share (Tabl

Earnings per Common Share (Tables)	6 Months Ended
	Jun. 30, 2017
Earnings per common share:
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 Six Months Ended June 30, June 30, (in thousands, except for per share data) 2017 2016 2017 2016 Net income available to common stockholders $ 7,659 $ 10,859 $ 19,499 $ 21,164 Earnings allocated to participating securities 24 - 64 64 Income attributable to common stock $ 7,683 $ 10,859 $ 19,563 $ 21,228 Weighted average common shares outstanding, including participating securities 32,008 30,129 31,991 30,082 Weighted average participating securities (102 ) (112 ) (105 ) (91 ) Weighted average common shares outstanding 31,906 30,017 31,886 29,991 Incremental shares from assumed conversions of options, performance units and restricted shares 350 355 347 340 Weighted average common and equivalent shares outstanding 32,256 30,372 32,233 30,331 Earnings per common share: Basic $ 0.24 $ 0.36 $ 0.61 $ 0.71 Diluted 0.24 0.36 0.60 0.70

Securities Available-For-Sale (

Securities Available-For-Sale (Tables)	6 Months Ended
	Jun. 30, 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 June 30, 2017 and December 31, 2016: Gross Gross Amortized Unrealized Unrealized Fair June 30, 2017 Cost Gains Losses Value (dollars in thousands) Securities available-for-sale Federal agency obligations $ 59,509 $ 317 $ (181 ) $ 59,645 Residential mortgage pass-through securities 140,963 635 (1,198 ) 140,400 Commercial mortgage pass-through securities 4,120 53 - 4,173 Obligations of U.S. states and political subdivisions 135,181 2,309 (1,136 ) 136,354 Trust preferred securities 4,576 83 (73 ) 4,586 Corporate bonds and notes 30,352 252 (316 ) 30,288 Asset-backed securities 13,293 48 (60 ) 13,281 Certificates of deposit 622 7 - 629 Equity securities 377 227 - 604 Other securities 12,454 - (284 ) 12,170 Total securities available-for-sale $ 401,447 $ 3,931 $ (3,248 ) $ 402,130 Gross Gross Amortized Unrealized Unrealized Fair December 31, 2016 Cost Gains Losses Value (dollars in thousands) 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 June 30, 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. June 30, 2017 Amortized Fair Cost Value (dollars in thousands) Securities available-for-sale: Due in one year or less $ 5,577 $ 5,602 Due after one year through five years 29,846 30,058 Due after five years through ten years 39,632 40,261 Due after ten years 168,478 168,862 Residential mortgage pass-through securities 140,963 140,400 Commercial mortgage pass-through securities 4,120 4,173 Equity securities 377 604 Other securities 12,454 12,170 Total $ 401,447 $ 402,130
Schedule of Realized Gain (Loss) [Table Text Block]	Gross gains and losses from the sales, calls and maturities of securities for periods presented were as follows: Three Months Ended Six Months Ended June 30, June 30, 2017 2016 2017 2016 (dollars in thousands) Proceeds $ - $ 6,573 $ 29,543 $ 6,573 Gross gains on sales of securities - 103 1,596 103 Gross losses on sales of securities - - - - Net gains on sales of securities - 103 1,596 103 Less: tax provision on net gains - 42 (579 ) 42 Net gains on sales of securities, after tax $ - $ 61 $ 1,017 $ 61
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 June 30, 2017 and December 31, 2016: June 30, 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 $ 22,344 $ (181 ) $ 21,184 $ (177 ) $ 1,160 $ (4 ) Residential mortgage pass-through securities 88,378 (1,198 ) 86,925 (1,161 ) 1,453 (37 ) Obligations of U.S. states and political subdivisions 58,315 (1,136 ) 58,315 (1,136 ) - - Trust preferred securities 1,505 (73 ) - - 1,505 (73 ) Corporate bonds and notes 16,292 (316 ) 7,086 (164 ) 9,206 (152 ) Asset-backed securities 8,249 (60 ) - - 8,249 (60 ) Other securities 11,182 (284 ) 5,905 (61 ) 5,277 (223 ) Total temporarily impaired securities $ 206,265 $ (3,248 ) $ 179,415 $ (2,699 ) $ 26,850 $ (549 ) 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)	6 Months Ended
	Jun. 30, 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 June 30, 2017, December 31, 2016 and June 30, 2016 are presented in the following table. June 30, December 31, June 30, 2017 2016 2016 (dollars in thousands) Notional amount $ 100,000 $ 75,000 $ 75,000 Weighted average pay rates 1.62 % 1.59 % 1.58 % Weighted average receive rates 1.08 % 0.69 % 0.65 % Weighted average maturity 2.97 years 2.8 years 3.3 years Fair value $ 45 $ 88 $ (1,856 )
Schedule of Cash Flow Hedges Included in Accumulated Other Comprehensive Income (Loss) [Table Text Block]	The following table presents the net losses recorded in other comprehensive income and the Consolidated Statements of Income relating to the cash flow derivative instruments for the following periods: Six Months Ended June 30, 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 Portion) interest income (Ineffective Portion) (dollars in thousands) Interest rate contracts $ (43 ) $ - $ - Six Months Ended June 30, 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 Portion) interest income (Ineffective Portion) (dollars in thousands) Interest rate contracts $ (1,725 ) $ - $ -
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 June 30, 2017 and December 31, 2016: June 30, 2017 December 31, 2016 Notional Notional Amount Fair Value Amount Fair Value (dollars in thousands) Interest rate swaps related to FHLB advances included in assets $ 100,000 $ 45 $ 75,000 $ 88

Loans and the Allowance for L27

Loans and the Allowance for Loan Losses (Tables)	6 Months Ended
	Jun. 30, 2017
Receivables [Abstract]
Loans held for sale [Table Text Block]	The following table presents loans held-for-sale by loan segment: June 30, December 31, 2017 2016 (dollars in thousands) Commercial $ 50,891 $ 70,105 Commercial real estate - 7,712 Residential real estate 233 188 Total carrying amount $ 51,124 $ 78,005
Activity in the valuation allowance [Table Text Block]	Activity in the valuation allowance was as follows for the following periods: Three Months Three Months Ended Ended June 30, 2017 June 30, 2016 (dollars in thousands) Balance at beginning of period $ 2,600 $ - Increase in valuation allowance 9,725 - Balance at end of period $ 12,325 $ - Six Months Six Months Ended Ended June 30, 2017 June 30, 2016 (dollars in thousands) Balance at beginning of period $ - $ - Increase in valuation allowance 12,325 - Balance at end of period $ 12,325 $ -
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 June 30, 2017 and December 31, 2016: June 30, December 31, 2017 2016 (dollars in thousands) Commercial $ 610,442 $ 553,576 Commercial real estate 2,470,957 2,204,710 Commercial construction 431,050 486,228 Residential real estate 251,107 232,547 Consumer 2,005 2,380 Gross loans 3,765,561 3,479,441 Net deferred loan fees (3,989 ) (3,609 ) Total loans receivable $ 3,761,572 $ 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 June 30, 2017 and December 31, 2016. June 30, December 31, 2017 2016 (dollars in thousands) Commercial $ 7,951 $ 7,098 Commercial real estate 260 982 Total carrying amount $ 8,211 $ 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 June 30, 2017 June 30, 2016 (dollars in thousands) Balance at beginning of period $ 2,674 $ 3,416 Accretion of income (178 ) (183 ) Balance at end of period $ 2,496 $ 3,233 Six Months Six Months Ended Ended June 30, 2017 June 30, 2016 (dollars in thousands) Balance at beginning of period $ 2,860 $ 3,599 Accretion of income (364 ) (366 ) Balance at end of period $ 2,496 $ 3,233
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: June 30, December 31, 2017 2016 (dollars in thousands) Commercial $ 1,351 $ 1,460 Commercial real estate 8,571 1,081 Residential real estate 4,133 3,193 Total loans receivable on nonaccrual status $ 14,055 $ 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 June 30, 2017 and December 31, 2016: June 30, 2017 Special Pass Mention Substandard Doubtful Total (dollars in thousands) Commercial $ 597,308 $ 3,062 $ 10,072 $ - $ 610,442 Commercial real estate 2,421,030 29,352 20,575 - 2,470,957 Commercial construction 425,713 2,816 2,521 - 431,050 Residential real estate 246,830 - 4,277 - 251,107 Consumer 1,953 - 52 - 2,005 Gross loans $ 3,692,834 $ 35,230 $ 37,497 $ - $ 3,765,561 December 31, 2016 Special Pass Mention Substandard Doubtful Total (dollars 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 June 30, 2017 and December 31, 2016: June 30, 2017 Unpaid Recorded Principal Related Investment Balance Allowance No related allowance recorded (dollars in thousands) Commercial $ 3,184 $ 3,197 Commercial real estate 15,380 15,405 Commercial construction 4,271 4,271 Residential real estate 1,192 1,401 Consumer 52 52 Total $ 24,079 $ 24,326 With an allowance recorded Commercial real estate $ 1,926 $ 2,338 $ 162 Total Commercial $ 3,184 $ 3,197 $ - Commercial real estate 17,306 17,743 162 Commercial construction 4,271 4,271 - Residential real estate 1,192 1,401 - Consumer 52 52 - Total (including allowance) $ 26,005 $ 26,664 $ 162 December 31, 2016 Unpaid Recorded Principal Related Investment Balance Allowance No related allowance recorded (dollars in thousands) Commercial $ 3,637 $ 4,063 Commercial real estate 18,288 18,288 Commercial construction 5,909 5,909 Residential real estate 1,851 2,055 Consumer 62 62 Total $ 29,747 $ 30,377 With an allowance recorded Commercial real estate $ 1,244 $ 1,244 $ 145 Total Commercial $ 3,637 $ 4,063 $ - Commercial real estate 19,532 19,532 145 Commercial construction 5,909 5,909 - Residential real estate 1,851 2,055 - Consumer 62 62 - Total (including allowance) $ 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 and six months ended June 30, 2017 and 2016: Three Months Ended June 30, Six Months Ended June 30, 2017 2016 2017 2016 Average Interest Average Interest Average Interest Average Interest Recorded Income Recorded Income Recorded Income Recorded Income Investment Recognized Investment Recognized Investment Recognized Investment Recognized (dollars in thousands) Impaired loans (no allowance) Commercial $ 3,209 $ 42 $ 2,370 $ 20 $ 3,230 $ 81 $ 2,337 $ 20 Commercial real estate 15,456 97 16,072 27 14,526 203 15,623 53 Commercial construction 4,263 69 1,426 16 4,266 152 1,911 33 Residential real estate 1,200 2 3,947 5 1,210 4 4,021 10 Consumer 54 - 79 1 56 1 82 2 Total $ 24,182 $ 210 $ 23,894 $ 69 $ 23,288 $ 441 $ 23,974 $ 118 Impaired loans (allowance): Commercial $ - $ - $ 93,260 $ 784 $ - $ - $ 88,691 $ 1,522 Commercial real estate 1,933 33 153 - 1,941 38 153 - Total $ 1,933 $ 33 $ 93,413 $ 784 $ 1,941 $ 38 $ 88,844 $ 1,522 Total impaired loans: Commercial $ 3,209 $ 42 $ 95,630 $ 804 $ 3,230 $ 81 $ 91,028 $ 1,542 Commercial real estate 17,389 130 16,225 27 16,467 241 15,776 53 Commercial construction 4,263 69 1,426 16 4,266 152 1,911 33 Residential mortgage 1,200 2 3,947 5 1,210 4 4,021 10 Consumer 54 - 79 1 56 1 82 2 Total $ 26,115 $ 234 $ 117,307 $ 853 $ 25,229 $ 479 $ 112,818 $ 1,640
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 June 30, 2017 and December 31, 2016 by segment: Aging Analysis June 30, 2017 90 Days or Greater Past Total Past 30-59 Days 60-89 Days Due and Still Due and Past Due Past Due Accruing Nonaccrual Nonaccrual Current Gross Loans (dollars in thousands) Commercial $ 454 $ 18 $ 5,551 $ 1,351 $ 7,374 $ 603,068 $ 610,442 Commercial real estate - - - 8,571 8,571 2,462,386 2,470,957 Commercial construction - 460 - - 460 430,590 431,050 Residential real estate - 745 - 4,133 4,878 246,229 251,107 Consumer 7 - - - 7 1,998 2,005 Total $ 461 $ 1,223 $ 5,551 $ 14,055 $ 21,290 $ 3,744,271 $ 3,765,561 December 31, 2016 90 Days or Greater Past Total Past 30-59 Days 60-89 Days Due and Still Due and Past Due Past Due Accruing Nonaccrual Nonaccrual Current Gross Loans (dollars in thousands) 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 (“ALLL”) that are allocated to each loan portfolio segment: June 30, 2017 Commercial Commercial Residential Commercial real estate construction real estate Consumer Unallocated Total (dollars in thousands) ALLL Individually evaluated for impairment $ - $ 162 $ - $ - $ - $ - $ 162 Collectively evaluated for impairment 7,238 14,227 4,241 985 2 546 27,239 Acquired portfolio - 1,000 - - - - 1,000 Acquired with deteriorated credit quality - - - - - - - Total ALLL $ 7,238 $ 15,389 $ 4,241 $ 985 $ 2 $ 546 $ 28,401 Gross loans Individually evaluated for impairment $ 3,184 $ 17,306 $ 4,271 $ 1,192 $ 52 $ 26,005 Collectively evaluated for impairment 579,510 2,003,595 426,779 185,135 1,489 3,196,508 Acquired portfolio 19,797 449,796 - 64,780 464 534,837 Acquired with deteriorated credit quality 7,951 260 - - - 8,211 Total gross loans $ 610,442 $ 2,470,957 $ 431,050 $ 251,107 $ 2,005 $ 3,765,561 December 31, 2016 Commercial Commercial Residential Commercial real estate construction real estate Consumer Unallocated Total (dollars in thousands) ALLL 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 ALLL $ 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 ALLL is as follows: Three Months Ended June 30, 2017 Commercial Commercial Residential Commercial real estate construction real estate Consumer Unallocated Total (dollars in thousands) Balance at March 31, 2017 $ 6,667 $ 14,118 $ 4,574 $ 1,008 $ 3 $ 531 $ 26,901 Charge-offs - - - - (10 ) - (10 ) Recoveries 15 45 - - - - 60 Provision 556 1,226 (333 ) (23 ) 9 15 1,450 Balance at June 30, 2017 $ 7,238 $ 15,389 $ 4,241 $ 985 $ 2 $ 546 $ 28,401 Three Months Ended June 30, 2016 Commercial Commercial Residential Commercial real estate construction real estate Consumer Unallocated Total (dollars in thousands) Balance at March 31, 2016 $ 13,097 $ 10,941 $ 3,617 $ 1,074 $ 4 $ 341 $ 29,074 Charge-offs (72 ) - - - (5 ) - (77 ) Recoveries 1 12 - 2 1 - 16 Provision 2,522 418 423 15 4 368 3,750 Balance at June 30, 2016 $ 15,548 $ 11,371 $ 4,040 $ 1,091 $ 4 $ 709 $ 32,763 Six Months Ended June 30, 2017 Commercial Commercial Residential Commercial real estate construction real estate Consumer Unallocated Total (dollars in thousands) Balance at December 31, 2016 $ 6,632 $ 12,583 $ 4,789 $ 958 $ 3 $ 779 $ 25,744 Charge-offs - (71 ) - - (11 ) - (82 ) Recoveries 141 48 - - - - 189 Provision 465 2,829 (548 ) 27 10 (233 ) 2,550 Balance at June 30, 2017 $ 7,238 $ 15,389 $ 4,241 $ 985 $ 2 $ 546 $ 28,401 Six Months Ended June 30, 2016 Commercial Commercial Residential Commercial real estate construction real estate Consumer Unallocated Total (dollars in thousands) Balance at December 31, 2015 $ 10,949 $ 10,926 $ 3,253 $ 976 $ 4 $ 464 $ 26,572 Charge-offs (517 ) - - (67 ) (5 ) - (589 ) Recoveries 2 25 - 2 1 - 30 Provision 5,114 420 787 180 4 245 6,750 Balance at June 30, 2016 $ 15,548 $ 11,371 $ 4,040 $ 1,091 $ 4 $ 709 $ 32,763
Allowance for Loan and Lease Losses [Table Text Block]	The following table presents a rollforward of TDRs and the related changes to the allowance for loan losses (“ALLL”) that occurred for the periods presented: Six Months Ended Year Ended June 30, 2017 December 31, 2016 (dollars in thousands) Recorded Recorded Investment ALLL Investment ALLL Troubled Debt Restructurings Beginning balance $ 13,818 $ - $ 86,629 $ 4,500 Additions 3,079 - 26,325 8,250 Payoffs/paydowns (1,226 ) - (2,616 ) - Transfers (580 ) - (96,520 ) - Other - - - (12,750 ) Ending balance $ 15,091 $ - $ 13,818 $ -
Schedule of Debtor Troubled Debt Restructuring, Current Period [Table Text Block]	The following table presents loans by class modified as TDRs that occurred during the six months ended June 30, 2016 (dollars in thousands): Pre-Modification Post-Modification Outstanding Outstanding Number of Recorded Recorded Loans Investment Investment Troubled debt restructurings: (dollars in thousands) Commercial 12 $ 12,018 $ 12,018 Commercial real estate 1 575 575 Commercial construction - - - Residential real estate - - - Consumer - - - Total 13 $ 12,593 $ 12,593

Fair Value Measurements and F28

Fair Value Measurements and Fair Value of Financial Instruments (Tables)	6 Months Ended
	Jun. 30, 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 June 30, 2017 and December 31, 2016 are as follows: June 30, 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 $ 59,645 $ - $ 59,645 $ - Residential mortgage pass-through securities 140,400 - 140,400 - Commercial mortgage pass-through securities 4,173 - 4,173 - Obligations of U.S. states and political subdivisions 136,354 - 118,371 17,983 Trust preferred securities 4,586 - 4,586 - Corporate bonds and notes 30,288 - 30,288 - Asset-backed securities 13,281 - 13,281 - Certificates of deposit 629 - 629 - Equity securities 604 604 - - Other securities 12,170 12,170 - - Total available-for-sale $ 402,130 $ 12,774 $ 371,373 $ 17,983 Derivatives 45 - 45 - Total Assets $ 402,175 $ 12,774 $ 371,418 $ 17,983 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 subdivisions 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 June 30, 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 Assets Inputs Inputs Assets measured at fair value on a nonrecurring basis: June 30, 2017 (Level 1) (Level 2) (Level 3) Impaired loans: (dollars in thousands) Commercial real estate $ 1,432 $ - $ - $ 1,432 Loans held-for-sale: Commercial 50,891 - - 50,891 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: (dollars 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 on a recurring basis using significant unobservable inputs (Level 3) for the six months ended June 30, 2017 and year ended December 31, 2016: Municipal Securities (dollars in thousands) Beginning balance, January 1, 2017 $ 18,218 Other (1) - Principal paydowns (235 ) Ending balance, June 30, 2017 $ 17,983 Municipal Securities (dollars in thousands) 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
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 June 30, 2017 and December 31, 2016. The table below provides quantitative information about significant unobservable inputs used in fair value measurements within Level 3 hierarchy. June 30, 2017 Valuation Unobservable Fair Value Techniques Input Range Securities available-for-sale: (dollars in thousands) Municipal securities $ 17,983 Discounted Cash Discount Rate 2.8% Flows December 31, 2016 Valuation Unobservable Fair Value Techniques Input Range Securities available-for-sale: (dollars in thousands) 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. June 30, 2017 Valuation Techniques Unobservable Type Fair Value (weightings) Input Range (weighted average) ( dollars in thousands) Impaired loans : Commercial real estate $ 1,432 Appraisals of Comparable sales 0% - 15% (6%) Loans held-for-sale: Commercial taxi medallion loans $ 50,891 Market approach Indications under securitized 37 - 100 (45) (70%) transactions expressed as a price to unpaid principal balance Discounted cash flows (30%) Discount Rate 14% December 31, 2016 Valuation Techniques Unobservable Type Fair Value (weightings) Input Range (weighted average) (dollars in thousands) Impaired loans : Commercial real estate $ 1,099 Appraisals of Comparable sales 0% - 15% (6%) collateral value Loans held-for-sale: Commercial taxi medallion loans $ 65,596 Market approach Indications under securitized 40 - 100 (59) (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 June 30, 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) (dollars in thousands) June 30, 2017 Financial assets: Cash and due from banks $ 146,508 $ 146,508 $ 146,508 $ - $ - Securities available-for-sale 402,130 402,130 12,774 371,373 17,983 Restricted investment in bank stocks 32,152 n/a n/a n/a n/a Loans held-for-sale 51,124 51,124 - 233 50,891 Net loans 3,733,171 3,740,586 - - 3,740,586 Derivatives 45 45 - 45 - Accrued interest receivable 13,194 13,194 - 1,744 11,450 Financial liabilities: Noninterest-bearing deposits 695,522 695,522 695,522 - - Interest-bearing deposits 2,734,851 2,735,530 1,753,548 981,982 - Borrowings 626,173 627,854 - 627,854 - Subordinated debentures 54,616 56,542 - 56,542 - Accrued interest payable 6,044 6,044 - 6,044 - 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)	6 Months Ended
	Jun. 30, 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 Amounts Reclassified from Accumulated Statement Where Net Income is Comprehensive Income Components Other Comprehensive Income/(Loss) Other Comprehensive Income/(Loss) Presented (dollars in thousands) Three Months Ended June 30, Six Months Ended June 30, 2017 2016 2017 2016 Net gains on sales of securities Sale of securities available-for-sale $ - $ (103 ) $ 1,596 $ 103 available for sale - 42 (579 ) (42 ) Income tax expense - (61 ) 1,017 61 Amortization of pension plan net actuarial losses (103 ) - (206 ) (102 ) Salaries and employee benefits 42 - 84 41 Income tax benefit (61 ) - (122 ) (61 ) Total reclassification $ (61 ) $ (61 ) $ 895 $ -
Comprehensive Income (Loss) [Table Text Block]	Accumulated other comprehensive (loss) income (net of tax) at June 30, 2017 and December 31, 2016 consisted of the following: June 30, December 31, 2017 2016 (dollars in thousands) Securities available-for-sale $ 473 $ 933 Cash flow hedge 26 52 Defined benefit pension and post-retirement plans (3,710 ) (3,831 ) Total accumulated other comprehensive loss $ (3,211 ) $ (2,846 )

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	6 Months Ended
	Jun. 30, 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 six months ended June 30, 2017 were as follows: Weighted- Average Weighted- Remaining Average Contractual Exercise Term Aggregate Shares Price (In Years) Intrinsic Value Outstanding at December 31, 2016 358,367 $ 6.26 Granted - - Exercised (10,846 ) 13.44 Forfeited/cancelled/expired - - Outstanding at June 30, 2017 347,521 $ 6.11 2.20 $ 5,711,643 Exercisable at June 30, 2017 343,991 $ 6.03 2.16 $ 5,682,309
Schedule of Nonvested Restricted Stock Units Activity [Table Text Block]	The below table represents information regarding restricted shares currently outstanding at June 30, 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 June 30, 2017 102,078 $ 20.41
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 June 30, 2017 151,194 226,791 $ 19.19

Components of Net Periodic Pe31

Components of Net Periodic Pension Cost (Tables)	6 Months Ended
	Jun. 30, 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 Six Months Ended June 30, June 30, 2017 2016 2017 2016 (dollars in thousands) Interest cost $ 120 $ 129 $ 239 $ 257 Expected return on plan assets (160 ) (155 ) (320 ) (291 ) Net amortization 103 102 206 204 Recognized settlement loss - - - - Net periodic pension cost $ 63 $ 76 $ 125 $ 170 Amortization of actuarial loss $ (103 ) $ - $ (204 ) $ (101 ) Total recognized in other comprehensive income $ (103 ) $ - $ (204 ) $ (101 ) Total recognized in net expense and OCI (before tax) $ (40 ) $ 76 $ (79 ) $ 69

FHLB Borrowings (Tables)

FHLB Borrowings (Tables)	6 Months Ended
	Jun. 30, 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: June 30, 2017 December 31, 2016 Amount Rate Amount Rate (dollars in thousands) Total FHLB borrowings $ 626,173 1.56 % $ 461,280 1.55 % By remaining period to maturity: Less than 1 year $ 446,173 1.30 % $ 231,280 1.02 % 1 year through less than 2 years 115,000 1.85 % 130,000 1.84 % 2 years through less than 3 years 25,000 1.85 % 35,000 1.60 % 3 years through less than 4 years 40,000 3.43 % 65,000 2.82 % 4 years through 5 years - - - - Total FHLB borrowings $ 626,173 1.56 % $ 461,280 1.55 %

Securities Sold under Agreeme33

Securities Sold under Agreements to Repurchase (Tables)	6 Months Ended
	Jun. 30, 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: June 30, December 31, June 30, 2017 2016 2016 (dollars in thousands) Average daily balance during the year-to-date $ 13,674 $ 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]	December 31, 2016 Remaining Contractual Maturity of the Agreements Overnight and Up to 30 Greater Than Continuous Days 31-90 Days 90 Days Total (dollars in thousands) Repurchase agreements & repurchase-to-maturity transaction 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)	6 Months Ended
	Jun. 30, 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 June 30, 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)	6 Months Ended
	Jun. 30, 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 June 30, 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 (dollars in thousands) June 30, 2017 Assets: Interest rate swaps $ 45 $ - $ 45 $ - $ - $ 45 Liabilities: Repurchase agreements $ - $ - $ - $ - $ - $ - 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		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Earnings per common share:
Net income available to common stockholders	$ 7,659	$ 10,859	$ 19,499	$ 21,164
Earnings allocated to participating securities	24		64	64
Income attributable to common stock	$ 7,683	$ 10,859	$ 19,563	$ 21,228
Weighted average common shares outstanding, including participating securities	32,008	30,129	31,991	30,082
Weighted average participating securities	(102)	(112)	(105)	(91)
Weighted average common shares outstanding	31,906	30,017	31,886	29,991
Incremental shares from assumed conversions of options, performance units and restricted shares	350	355	347	340
Weighted average common and equivalent shares outstanding	32,256	30,372	32,233	30,331
Earnings per common share:
Basic	$ 0.24	$ 0.36	$ 0.61	$ 0.71
Diluted	$ 0.24	$ 0.36	$ 0.60	$ 0.70

Securities Available-For-Sale37

Securities Available-For-Sale (Details) $ in Millions	3 Months Ended	6 Months Ended	12 Months Ended
	Sep. 30, 2016USD ($)	Jun. 30, 2017USD ($)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		$ 106	$ 121.9
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	Jun. 30, 2017	Dec. 31, 2016
Securities available-for-sale
Securities available-for-sale, Amortized Cost	$ 401,447	$ 351,928
Securities available-for-sale, Gross Unrealized Gains	3,931	4,645
Securities available-for-sale, Gross Unrealized Losses	(3,248)	(3,283)
Securities available-for-sale, Fair Value	402,130	353,290
Federal Agency Obligations [Member]
Securities available-for-sale
Securities available-for-sale, Amortized Cost	59,509	52,826
Securities available-for-sale, Gross Unrealized Gains	317	282
Securities available-for-sale, Gross Unrealized Losses	(181)	(271)
Securities available-for-sale, Fair Value	59,645	52,837
Residential mortgage pass-through securities [Member]
Securities available-for-sale
Securities available-for-sale, Amortized Cost	140,963	72,922
Securities available-for-sale, Gross Unrealized Gains	635	519
Securities available-for-sale, Gross Unrealized Losses	(1,198)	(944)
Securities available-for-sale, Fair Value	140,400	72,497
Commercial mortgage pass-through securities [Member]
Securities available-for-sale
Securities available-for-sale, Amortized Cost	4,120	4,186
Securities available-for-sale, Gross Unrealized Gains	53	23
Securities available-for-sale, Gross Unrealized Losses
Securities available-for-sale, Fair Value	4,173	4,209
Obligations of U.S. states and political subdivisions [Member]
Securities available-for-sale
Securities available-for-sale, Amortized Cost	135,181	148,747
Securities available-for-sale, Gross Unrealized Gains	2,309	2,789
Securities available-for-sale, Gross Unrealized Losses	(1,136)	(931)
Securities available-for-sale, Fair Value	136,354	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	83	242
Securities available-for-sale, Gross Unrealized Losses	(73)	(151)
Securities available-for-sale, Fair Value	4,586	5,666
Corporate Bonds And Notes [Member]
Securities available-for-sale
Securities available-for-sale, Amortized Cost	30,352	36,717
Securities available-for-sale, Gross Unrealized Gains	252	586
Securities available-for-sale, Gross Unrealized Losses	(316)	(375)
Securities available-for-sale, Fair Value	30,288	36,928
Asset-backed Securities [Member]
Securities available-for-sale
Securities available-for-sale, Amortized Cost	13,293	14,867
Securities available-for-sale, Gross Unrealized Gains	48	2
Securities available-for-sale, Gross Unrealized Losses	(60)	(286)
Securities available-for-sale, Fair Value	13,281	14,583
Certificates of Deposit [Member]
Securities available-for-sale
Securities available-for-sale, Amortized Cost	622	973
Securities available-for-sale, Gross Unrealized Gains	7	10
Securities available-for-sale, Gross Unrealized Losses
Securities available-for-sale, Fair Value	629	983
Equity Securities [Member]
Securities available-for-sale
Securities available-for-sale, Amortized Cost	377	376
Securities available-for-sale, Gross Unrealized Gains	227	192
Securities available-for-sale, Gross Unrealized Losses
Securities available-for-sale, Fair Value	604	568
Other Securities [Member]
Securities available-for-sale
Securities available-for-sale, Amortized Cost	12,454	14,739
Securities available-for-sale, Gross Unrealized Gains
Securities available-for-sale, Gross Unrealized Losses	(284)	(325)
Securities available-for-sale, Fair Value	$ 12,170	$ 14,414

Securities Available-For-Sale39

Securities Available-For-Sale (Details) - Investments classified by maturity date - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Securities available-for-sale:
Due in one year or less, amortized cost	$ 5,577
Due in one year or less, fair value	5,602
Due after one year through five years, amortized cost	29,846
Due after one year through five years, fair value	30,058
Due after five years through ten years, amortized cost	39,632
Due after five years through ten years, fair value	40,261
Due after ten years, amortized cost	168,478
Due after ten years, fair value	168,862
Total, amortized cost	401,447	$ 351,928
Total, fair value	402,130
Residential mortgage pass-through securities [Member]
Securities available-for-sale:
Securities available-for-sale: Fair Value	140,400
Total, amortized cost	140,963	72,922
Commercial mortgage pass-through securities [Member]
Securities available-for-sale:
Securities available-for-sale: Fair Value	4,173
Total, amortized cost	4,120	4,186
Equity Securities [Member]
Securities available-for-sale:
Securities available-for-sale: Fair Value	604
Total, amortized cost	377	376
Other Securities [Member]
Securities available-for-sale:
Securities available-for-sale: Fair Value	12,170
Total, amortized cost	$ 12,454	$ 14,739

Securities Available-For-Sale40

Securities Available-For-Sale (Details) - Schedule of realized gains and losses - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Schedule of realized gains and losses [Abstract]
Proceeds		$ 6,573	$ 29,543	$ 6,573
Gross gains on sales of securities		103	1,596	103
Gross losses on sales of securities
Net gains on sales of securities		103	1,596	103
Less: tax provision on net gains		42	579	42
Net gains on sales of securities, after tax		$ 61	$ 1,017	$ 61

Securities Available-For-Sale41

Securities Available-For-Sale (Details) - Schedule of unrealized losses not recognized in income - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Securities available-for-sale:
Securities available-for-sale: Total, Fair Value	$ 206,265	$ 167,343
Securities available-for-sale: Total, Unrealized Losses	(3,248)	(3,283)
Securities available-for-sale: Less than 12 Months, Fair Value	179,415	134,954
Securities available-for-sale: Less than 12 Months, Unrealized Losses	(2,699)	(2,483)
Securities available-for-sale: 12 Months or Longer, Fair Value	26,850	32,389
Securities available-for-sale: 12 Months or Longer, Unrealized Losses	(549)	(800)
Federal Agency Obligations [Member]
Securities available-for-sale:
Securities available-for-sale: Total, Fair Value	22,344	22,672
Securities available-for-sale: Total, Unrealized Losses	(181)	(271)
Securities available-for-sale: Less than 12 Months, Fair Value	21,184	21,416
Securities available-for-sale: Less than 12 Months, Unrealized Losses	(177)	(262)
Securities available-for-sale: 12 Months or Longer, Fair Value	1,160	1,256
Securities available-for-sale: 12 Months or Longer, Unrealized Losses	(4)	(9)
Residential mortgage pass-through securities [Member]
Securities available-for-sale:
Securities available-for-sale: Total, Fair Value	88,378	50,136
Securities available-for-sale: Total, Unrealized Losses	(1,198)	(944)
Securities available-for-sale: Less than 12 Months, Fair Value	86,925	49,817
Securities available-for-sale: Less than 12 Months, Unrealized Losses	(1,161)	(937)
Securities available-for-sale: 12 Months or Longer, Fair Value	1,453	319
Securities available-for-sale: 12 Months or Longer, Unrealized Losses	(37)	(7)
Obligation Of Us States And Political Subdivisions [Member]
Securities available-for-sale:
Securities available-for-sale: Total, Fair Value	58,315	52,307
Securities available-for-sale: Total, Unrealized Losses	(1,136)	(931)
Securities available-for-sale: Less than 12 Months, Fair Value	58,315	52,307
Securities available-for-sale: Less than 12 Months, Unrealized Losses	(1,136)	(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	1,505	1,427
Securities available-for-sale: Total, Unrealized Losses	(73)	(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	1,505	1,427
Securities available-for-sale: 12 Months or Longer, Unrealized Losses	(73)	(151)
Corporate Bonds And Notes [Member]
Securities available-for-sale:
Securities available-for-sale: Total, Fair Value	16,292	15,930
Securities available-for-sale: Total, Unrealized Losses	(316)	(375)
Securities available-for-sale: Less than 12 Months, Fair Value	7,086	7,671
Securities available-for-sale: Less than 12 Months, Unrealized Losses	(164)	(265)
Securities available-for-sale: 12 Months or Longer, Fair Value	9,206	8,259
Securities available-for-sale: 12 Months or Longer, Unrealized Losses	(152)	(110)
Asset-backed Securities [Member]
Securities available-for-sale:
Securities available-for-sale: Total, Fair Value	8,249	13,404
Securities available-for-sale: Total, Unrealized Losses	(60)	(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	8,249	9,661
Securities available-for-sale: 12 Months or Longer, Unrealized Losses	(60)	(198)
Other Securities [Member]
Securities available-for-sale:
Securities available-for-sale: Total, Fair Value	11,182	11,467
Securities available-for-sale: Total, Unrealized Losses	(284)	(325)
Securities available-for-sale: Less than 12 Months, Fair Value	5,905
Securities available-for-sale: Less than 12 Months, Unrealized Losses	(61)
Securities available-for-sale: 12 Months or Longer, Fair Value	5,277	11,467
Securities available-for-sale: 12 Months or Longer, Unrealized Losses	$ (223)	$ (325)

Derivatives (Details)

Derivatives (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Apr. 13, 2017	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	$ 25,000
Interest expense on derivatives	$ 124	$ 176	$ 232	$ 367

Derivatives (Details) - Summary

Derivatives (Details) - Summary of interest rate swap designated as a cash flow hedges - USD ($) $ in Thousands	6 Months Ended		12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
Summary of interest rate swap designated as a cash flow hedges [Abstract]
Notional amount	$ 100,000	$ 75,000	$ 75,000
Weighted average pay rates	1.62%	1.58%	1.59%
Weighted average receive rates	1.08%	0.65%	0.69%
Weighted average maturity	2 years 11 months 19 days	3 years 3 months 19 days	2 years 9 months 18 days
Fair value	$ 45	$ (1,856)	$ 88

Derivatives (Details) - Summa44

Derivatives (Details) - Summary of net gains (losses) recorded in accumulated other comprehensive income - Interest Rate Contract [Member] - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2017	Jun. 30, 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)	$ (43)	$ (1,725)
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	Jun. 30, 2017	Dec. 31, 2016
Included in Assets:
Interest rate swaps related to FHLB advances included in assets, Fair Value	$ 45	$ 88
Interest Rate Swap [Member]
Included in Assets:
Interest rate swaps related to FHLB advances included in assets, Notional Amount	100,000	75,000
Interest rate swaps related to FHLB advances included in assets, Fair Value	$ 45	$ 88

Loans and the Allowance for L46

Loans and the Allowance for Loan Losses (Details) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended		12 Months Ended
	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016	Dec. 31, 2015
LOANS AND THE ALLOWANCE FOR LOAN LOSSES (Details) [Line Items]
Non Accrual Contractual Due		90 days
Loans held-for-sale, Carrying Amount		$ 51,124		$ 78,005
Loans Pledged as Collateral		1,800,000		1,800,000
Loans performing under the restructured terms		10,200	$ 97,800	13,300
Loans and Leases Receivable, Impaired, Interest Lost on Nonaccrual Loans		4,900	1,400	500
Troubled debt restructurings		15,100	99,200	13,800
Allowance for Loan and Lease Losses Period Increase Decrease Due to Trouble Debt Restructuring	$ 1,500	$ 10,100	3,300
Valuation per Medallion Amount	750		750
Specific allocations associated with taxi medallion, fair value	$ 7,800		7,800		$ 4,500
Increase in allowance for loan and lease losses			$ 108
Number of loans		Eight loans were accruing prior to modification, while seven remained in accrual status post-modification.
Commercial loans held-for-sale segment [Member]
LOANS AND THE ALLOWANCE FOR LOAN LOSSES (Details) [Line Items]
Loans held-for-sale, Carrying Amount		$ 50,900		65,600
Loans held-for-sale net of valuation allowance		$ 12,300		$ 0

Loans and the Allowance for L47

Loans and the Allowance for Loan Losses (Details) - Loans held-for-sale - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Loans and the Allowance for Loan and Lease Losses (Details) - Purchase credit impaired loans [Line Items]
Total carrying amount	$ 51,124	$ 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	50,891	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 Real Estate Portfolio Segment [Member]
Loans and the Allowance for Loan and Lease Losses (Details) - Purchase credit impaired loans [Line Items]
Total carrying amount	$ 233	$ 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		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Schedule of accretable yield, or income expected to be collected [Abstract]
Balance at beginning of period	$ 2,600
Increase in valuation allowance	9,725		12,325
Balance at end of period	$ 12,325		$ 12,325

Loans and the Allowance for L49

Loans and the Allowance for Loan Losses (Details) - Composition of loan portfolio - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	$ 3,765,561	$ 3,479,441
Net deferred loan fees	(3,989)	(3,609)
Total loans receivable	3,761,572	3,475,832
Commercial Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	610,442	553,576
Commercial Real Estate Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	2,470,957	2,204,710
Commercial Construction Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	431,050	486,228
Residential Real Estate Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	251,107	232,547
Consumer Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Gross loans	$ 2,005	$ 2,380

Loans and the Allowance for L50

Loans and the Allowance for Loan Losses (Details) - Purchased Credit-Impaired Loans - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total carrying amount	$ 8,211	$ 8,080
Commercial Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total carrying amount	7,951	7,098
Commercial Real Estate Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total carrying amount	$ 260	$ 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		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Schedule of accretable yield, or income expected to be collected [Abstract]
Balance at beginning of period	$ 2,674	$ 3,416	$ 2,860	$ 3,599
Accretion of income	(178)	(183)	(364)	(366)
Balance at end of period	$ 2,496	$ 3,233	$ 2,496	$ 3,233

Loans and the Allowance for L52

Loans and the Allowance for Loan Losses (Details) - Loans receivable on nonaccrual status - USD ($) $ in Thousands	Jun. 30, 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	$ 14,055	$ 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	1,351	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	8,571	1,081
Residential 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	$ 4,133	$ 3,193

Loans and the Allowance for L53

Loans and the Allowance for Loan Losses (Details) - Credit quality indicators - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Financing Receivable, Recorded Investment [Line Items]
Gross loans	$ 3,765,561	$ 3,479,441
Commercial Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Gross loans	610,442	553,576
Commercial Real Estate Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Gross loans	2,470,957	2,204,710
Commercial Construction Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Gross loans	431,050	486,228
Residential Real Estate Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Gross loans	251,107	232,547
Consumer Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Gross loans	2,005	2,380
Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Gross loans	3,692,834	3,405,931
Pass [Member] | Commercial Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Gross loans	597,308	539,961
Pass [Member] | Commercial Real Estate Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Gross loans	2,421,030	2,154,343
Pass [Member] | Commercial Construction Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Gross loans	425,713	480,319
Pass [Member] | Residential Real Estate Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Gross loans	246,830	228,990
Pass [Member] | Consumer Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Gross loans	1,953	2,318
Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Gross loans	35,230	37,816
Special Mention [Member] | Commercial Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Gross loans	3,062	3,255
Special Mention [Member] | Commercial Real Estate Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Gross loans	29,352	31,173
Special Mention [Member] | Commercial Construction Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Gross loans	2,816	3,388
Special Mention [Member] | Residential Real Estate 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	37,497	35,694
Substandard [Member] | Commercial Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Gross loans	10,072	10,360
Substandard [Member] | Commercial Real Estate Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Gross loans	20,575	19,194
Substandard [Member] | Commercial Construction Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Gross loans	2,521	2,521
Substandard [Member] | Residential Real Estate Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Gross loans	4,277	3,557
Substandard [Member] | Consumer Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Gross loans	52	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] | Commercial Construction Portfolio Segment [Member]
Financing Receivable, Recorded Investment [Line Items]
Gross loans
Doubtful [Member] | Residential Real Estate 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		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
Financing Receivable, Impaired [Line Items]
No related allowance recorded, Recorded Investment	$ 24,079		$ 24,079		$ 29,747
No related allowance recorded, Unpaid Principal Balance	24,326		24,326		30,377
Impaired loans with No Related Allowance Average Recorded Investment	24,182	$ 23,894	23,288	$ 23,974
Impaired loans with No Related Allowance Interest Income Recognized	210	69	441	118
Impaired loans With An Allowance Recorded Average Recorded Investment	1,933	93,413	1,941	88,844
Impaired loans With An Allowance Recorded Interest Income Recognized	33	784	38	1,522
Total, Recorded Investment	26,005		26,005		30,991
Total, Unpaid Principal Balance	26,664		26,664		31,621
Total, Related Allowance	162		162		145
Total Impaired Loans Average Recorded Investment	26,115	117,307	25,229	112,818
Total Impaired Loans Interest Income Recognized	234	853	479	1,640
Commercial Portfolio Segment [Member]
Financing Receivable, Impaired [Line Items]
No related allowance recorded, Recorded Investment	3,184		3,184		3,637
No related allowance recorded, Unpaid Principal Balance	3,197		3,197		4,063
Impaired loans with No Related Allowance Average Recorded Investment	3,209	2,370	3,230	2,337
Impaired loans with No Related Allowance Interest Income Recognized	42	20	81	20
Impaired loans With An Allowance Recorded Average Recorded Investment		93,260		88,691
Impaired loans With An Allowance Recorded Interest Income Recognized		784		1,522
Total, Recorded Investment	3,184		3,184		3,637
Total, Unpaid Principal Balance	3,197		3,197		4,063
Total, Related Allowance
Total Impaired Loans Average Recorded Investment	3,209	95,630	3,230	91,028
Total Impaired Loans Interest Income Recognized	42	804	81	1,542
Commercial Real Estate Portfolio Segment [Member]
Financing Receivable, Impaired [Line Items]
No related allowance recorded, Recorded Investment	15,380		15,380		18,288
No related allowance recorded, Unpaid Principal Balance	15,405		15,405		18,288
Impaired loans with No Related Allowance Average Recorded Investment	15,456	16,072	14,526	15,623
Impaired loans with No Related Allowance Interest Income Recognized	97	27	203	53
With an allowance recorded, Recorded Investment	1,926		1,926		1,244
With an allowance recorded, Unpaid Principal Balance	2,338		2,338		1,245
With an allowance recorded, Related Allowance	162		162		145
Impaired loans With An Allowance Recorded Average Recorded Investment	1,933	153	1,941	153
Impaired loans With An Allowance Recorded Interest Income Recognized	33		38
Total, Recorded Investment	17,306		17,306		19,532
Total, Unpaid Principal Balance	17,743		17,743		19,532
Total, Related Allowance	162		162		145
Total Impaired Loans Average Recorded Investment	17,389	16,225	16,467	15,776
Total Impaired Loans Interest Income Recognized	130	27	241	53
Commercial Construction Portfolio Segment [Member]
Financing Receivable, Impaired [Line Items]
No related allowance recorded, Recorded Investment	4,271		4,271		5,909
No related allowance recorded, Unpaid Principal Balance	4,271		4,271		5,909
Impaired loans with No Related Allowance Average Recorded Investment	4,263	1,426	4,266	1,911
Impaired loans with No Related Allowance Interest Income Recognized	69	16	152	33
Total, Recorded Investment	4,271		4,271		5,909
Total, Unpaid Principal Balance	4,271		4,271		5,909
Total, Related Allowance
Total Impaired Loans Average Recorded Investment	4,263	1,426	4,266	1,911
Total Impaired Loans Interest Income Recognized	69	16	152	33
Residential Real Estate Portfolio Segment [Member]
Financing Receivable, Impaired [Line Items]
No related allowance recorded, Recorded Investment	1,192		1,192		1,851
No related allowance recorded, Unpaid Principal Balance	1,401		1,401		2,055
Impaired loans with No Related Allowance Average Recorded Investment	1,200	3,947	1,210	4,021
Impaired loans with No Related Allowance Interest Income Recognized	2	5	4	10
Total, Recorded Investment	1,192		1,192		1,851
Total, Unpaid Principal Balance	1,401		1,401		2,055
Total, Related Allowance
Total Impaired Loans Average Recorded Investment	1,200	3,947	1,210	4,021
Total Impaired Loans Interest Income Recognized	2	5	4	10
Consumer Portfolio Segment [Member]
Financing Receivable, Impaired [Line Items]
No related allowance recorded, Recorded Investment	52		52		62
No related allowance recorded, Unpaid Principal Balance	52		52		62
Impaired loans with No Related Allowance Average Recorded Investment	54	79	56	82
Impaired loans with No Related Allowance Interest Income Recognized		1	1	2
Total, Recorded Investment	52		52		62
Total, Unpaid Principal Balance	52		52		62
Total, Related Allowance
Total Impaired Loans Average Recorded Investment	54	79	56	82
Total Impaired Loans Interest Income Recognized		$ 1	$ 1	$ 2

Loans and the Allowance for L55

Loans and the Allowance for Loan Losses (Details) - Aging analysis - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual	$ 14,055	$ 5,734
Total Past Due and Nonaccrual	21,290	20,551
Current	3,744,271	3,458,890
Gross Loans	3,765,561	3,479,441
Commercial Portfolio Segment [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual	1,351	1,460
Total Past Due and Nonaccrual	7,374	6,583
Current	603,068	546,993
Gross Loans	610,442	553,576
Commercial Real Estate Portfolio Segment [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual	8,571	1,081
Total Past Due and Nonaccrual	8,571	8,256
Current	2,462,386	2,196,454
Gross Loans	2,470,957	2,204,710
Commercial Construction Portfolio Segment [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual
Total Past Due and Nonaccrual	460
Current	430,590	486,228
Gross Loans	431,050	486,228
Residential Real Estate Portfolio Segment [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual	4,133	3,193
Total Past Due and Nonaccrual	4,878	5,712
Current	246,229	226,835
Gross Loans	251,107	232,547
Consumer Portfolio Segment [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Nonaccrual
Total Past Due and Nonaccrual	7
Current	1,998	2,380
Gross Loans	2,005	2,380
30 - 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due and Nonaccrual	461	7,534
30 - 59 Days Past Due [Member] | Commercial Portfolio Segment [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due and Nonaccrual	454	475
30 - 59 Days Past Due [Member] | Commercial Real Estate Portfolio Segment [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due and Nonaccrual		4,928
30 - 59 Days Past Due [Member] | Commercial Construction Portfolio Segment [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due and Nonaccrual
30 - 59 Days Past Due [Member] | Residential Real Estate Portfolio Segment [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due and Nonaccrual		2,131
30 - 59 Days Past Due [Member] | Consumer Portfolio Segment [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due and Nonaccrual	7
60 - 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due and Nonaccrual	1,223	1,990
60 - 89 Days Past Due [Member] | Commercial Portfolio Segment [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due and Nonaccrual	18	18
60 - 89 Days Past Due [Member] | Commercial Real Estate Portfolio Segment [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due and Nonaccrual		1,584
60 - 89 Days Past Due [Member] | Commercial Construction Portfolio Segment [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due and Nonaccrual	460
60 - 89 Days Past Due [Member] | Residential Real Estate Portfolio Segment [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due and Nonaccrual	745	388
60 - 89 Days Past Due [Member] | Consumer Portfolio Segment [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due and Nonaccrual
90 Days or Greater Past Due and Still Accruing [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due and Nonaccrual	5,551	5,293
90 Days or Greater Past Due and Still Accruing [Member] | Commercial Portfolio Segment [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due and Nonaccrual	5,551	4,630
90 Days or Greater Past Due and Still Accruing [Member] | Commercial Real Estate Portfolio Segment [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due and Nonaccrual		663
90 Days or Greater Past Due and Still Accruing [Member] | Commercial Construction Portfolio Segment [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due and Nonaccrual
90 Days or Greater Past Due and Still Accruing [Member] | Residential Real Estate Portfolio Segment [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due and Nonaccrual
90 Days or Greater Past Due and Still Accruing [Member] | Consumer Portfolio Segment [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	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015
ALLL
ALLL, individually evaluated for impairment	$ 162		$ 145
ALLL, collectively evaluated for impairment	27,239		25,599
ALLL, acquired portfolio	1,000
ALLL, acquired with deteriorated credit quality
Total ALLL	28,401	$ 26,901	25,744	$ 32,763	$ 29,074	$ 26,572
Gross loans
Loans Receivable, individually evaluated for impairment	26,005		30,991
Loans Receivable, collectively evaluated for impairment	3,196,508		2,783,922
Loans Receivable, acquired portfolio	534,837		656,448
Loans Receivables, acquired with deteriorated credit quality	8,211		8,080
Total gross loans	3,765,561		3,479,441
Commercial Portfolio Segment [Member]
ALLL
ALLL, individually evaluated for impairment
ALLL, collectively evaluated for impairment	7,238		6,632
ALLL, acquired portfolio
ALLL, acquired with deteriorated credit quality
Total ALLL	7,238	6,667	6,632	15,548	13,097	10,949
Gross loans
Loans Receivable, individually evaluated for impairment	3,184		3,637
Loans Receivable, collectively evaluated for impairment	579,510		517,869
Loans Receivable, acquired portfolio	19,797		24,972
Loans Receivables, acquired with deteriorated credit quality	7,951		7,098
Total gross loans	610,442		553,576
Commercial Real Estate Portfolio Segment [Member]
ALLL
ALLL, individually evaluated for impairment	162		145
ALLL, collectively evaluated for impairment	14,227		12,438
ALLL, acquired portfolio	1,000
ALLL, acquired with deteriorated credit quality
Total ALLL	15,389	14,118	12,583	11,371	10,941	10,926
Gross loans
Loans Receivable, individually evaluated for impairment	17,306		19,532
Loans Receivable, collectively evaluated for impairment	2,003,595		1,621,745
Loans Receivable, acquired portfolio	449,796		562,451
Loans Receivables, acquired with deteriorated credit quality	260		982
Total gross loans	2,470,957		2,204,710
Commercial Construction Portfolio Segment [Member]
ALLL
ALLL, individually evaluated for impairment
ALLL, collectively evaluated for impairment	4,241		4,789
ALLL, acquired portfolio
ALLL, acquired with deteriorated credit quality
Total ALLL	4,241	4,574	4,789	4,040	3,617	3,253
Gross loans
Loans Receivable, individually evaluated for impairment	4,271		5,909
Loans Receivable, collectively evaluated for impairment	426,779		478,865
Loans Receivable, acquired portfolio			1,454
Loans Receivables, acquired with deteriorated credit quality
Total gross loans	431,050		486,228
Residential Real Estate Portfolio Segment [Member]
ALLL
ALLL, individually evaluated for impairment
ALLL, collectively evaluated for impairment	985		958
ALLL, acquired portfolio
ALLL, acquired with deteriorated credit quality
Total ALLL	985	1,008	958	1,091	1,074	976
Gross loans
Loans Receivable, individually evaluated for impairment	1,192		1,851
Loans Receivable, collectively evaluated for impairment	185,135		163,686
Loans Receivable, acquired portfolio	64,780		67,010
Loans Receivables, acquired with deteriorated credit quality
Total gross loans	251,107		232,547
Consumer Portfolio Segment [Member]
ALLL
ALLL, individually evaluated for impairment
ALLL, collectively evaluated for impairment	2		3
ALLL, acquired portfolio
ALLL, acquired with deteriorated credit quality
Total ALLL	2	3	3	4	4	4
Gross loans
Loans Receivable, individually evaluated for impairment	52		62
Loans Receivable, collectively evaluated for impairment	1,489		1,757
Loans Receivable, acquired portfolio	464		561
Loans Receivables, acquired with deteriorated credit quality
Total gross loans	2,005		2,380
Unallocated [Member]
ALLL
ALLL, individually evaluated for impairment
ALLL, collectively evaluated for impairment	546		779
ALLL, acquired portfolio
ALLL, acquired with deteriorated credit quality
Total ALLL	$ 546	$ 531	$ 779	$ 709	$ 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		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Financing Receivable, Allowance for Credit Losses [Line Items]
Balance	$ 26,901	$ 29,074	$ 25,744	$ 26,572
Charge-offs	(10)	(77)	(82)	(589)
Recoveries	60	16	189	30
Provision	1,450	3,750	2,550	6,750
Balance	28,401	32,763	28,401	32,763
Commercial Portfolio Segment [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Balance	6,667	13,097	6,632	10,949
Charge-offs		(72)		(517)
Recoveries	15	1	141	2
Provision	556	2,522	465	5,114
Balance	7,238	15,548	7,238	15,548
Commercial Real Estate Portfolio Segment [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Balance	14,118	10,941	12,583	10,926
Charge-offs			(71)
Recoveries	45	12	48	25
Provision	1,226	418	2,829	420
Balance	15,389	11,371	15,389	11,371
Commercial Construction Portfolio Segment [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Balance	4,574	3,617	4,789	3,253
Charge-offs
Recoveries
Provision	(333)	423	(548)	787
Balance	4,241	4,040	4,241	4,040
Residential Real Estate Portfolio Segment [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Balance	1,008	1,074	958	976
Charge-offs				(67)
Recoveries		2		2
Provision	(23)	15	27	180
Balance	985	1,091	985	1,091
Consumer Portfolio Segment [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Balance	3	4	3	4
Charge-offs	(10)	(5)	(11)	(5)
Recoveries		1		1
Provision	9	4	10	4
Balance	2	4	2	4
Unallocated [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Balance	531	341	779	464
Charge-offs
Recoveries
Provision	15	368	(233)	245
Balance	$ 546	$ 709	$ 546	$ 709

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	6 Months Ended	12 Months Ended
	Jun. 30, 2017	Dec. 31, 2016
Recorded Investment [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance	$ 13,818	$ 86,629
Additions	3,079	26,325
Payoffs/paydowns	(1,226)	(2,616)
Transfers	(580)	(96,520)
Other
Ending balance	15,091	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	6 Months Ended
	Jun. 30, 2016USD ($)Integer
Troubled Debt Restructuring, Debtor, Current Period [Line Items]
Number of Loans | Integer	13
Pre-Modification Outstanding Recorded Investment	$ 12,593
Post-Modification Outstanding Recorded Investment	$ 12,593
Commercial Portfolio Segment [Member]
Troubled Debt Restructuring, Debtor, Current Period [Line Items]
Number of Loans | Integer	12
Pre-Modification Outstanding Recorded Investment	$ 12,018
Post-Modification Outstanding Recorded Investment	$ 12,018
Commercial Real Estate Portfolio Segment [Member]
Troubled Debt Restructuring, Debtor, Current Period [Line Items]
Number of Loans | Integer	1
Pre-Modification Outstanding Recorded Investment	$ 575
Post-Modification Outstanding Recorded Investment	$ 575
Commercial Construction Portfolio Segment [Member]
Troubled Debt Restructuring, Debtor, Current Period [Line Items]
Number of Loans | Integer
Pre-Modification Outstanding Recorded Investment
Post-Modification Outstanding Recorded Investment
Residential Real Estate Portfolio Segment [Member]
Troubled Debt Restructuring, Debtor, Current Period [Line Items]
Number of Loans | Integer
Pre-Modification Outstanding Recorded Investment
Post-Modification Outstanding Recorded Investment
Consumer Portfolio Segment [Member]
Troubled Debt Restructuring, Debtor, Current Period [Line Items]
Number of Loans | Integer
Pre-Modification Outstanding Recorded Investment
Post-Modification Outstanding Recorded Investment

Fair Value Measurements and F60

Fair Value Measurements and Fair Value of Financial Instruments (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Impaired Financing Receivable, Related Allowance	$ 162	$ 145
Loans held-for-sale requiring valuation allowance, gross carrying amount	63,200	65,600
Loans held-for-sale requiring valuation allowance, amount of allowance	12,300
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	Jun. 30, 2017	Dec. 31, 2016
Assets
Securities: Available-for-sale, Fair Value	$ 402,130	$ 353,290
Derivatives	45	88
Assets: Available-for-sale, Fair Value	402,175	353,378
Federal Agency Obligations [Member]
Assets
Securities: Available-for-sale, Fair Value	59,645	52,837
Residential mortgage pass-through securities [Member]
Assets
Securities: Available-for-sale, Fair Value	140,400	72,497
Commercial mortgage pass-through securities [Member]
Assets
Securities: Available-for-sale, Fair Value	4,173	4,209
Obligations of U.S. states and political subdivisions [Member]
Assets
Securities: Available-for-sale, Fair Value	136,354	150,605
Trust Preferred Securities [Member]
Assets
Securities: Available-for-sale, Fair Value	4,586	5,666
Corporate Bonds And Notes [Member]
Assets
Securities: Available-for-sale, Fair Value	30,288	36,928
Asset-backed Securities [Member]
Assets
Securities: Available-for-sale, Fair Value	13,281	14,583
Certificates of Deposit [Member]
Assets
Securities: Available-for-sale, Fair Value	629	983
Equity Securities [Member]
Assets
Securities: Available-for-sale, Fair Value	604	568
Other Securities [Member]
Assets
Securities: Available-for-sale, Fair Value	12,170	14,414
Fair Value, Inputs, Level 1 [Member]
Assets
Securities: Available-for-sale, Fair Value	12,774	14,982
Derivatives
Assets: Available-for-sale, Fair Value	12,774	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] | Equity Securities [Member]
Assets
Securities: Available-for-sale, Fair Value	604	568
Fair Value, Inputs, Level 1 [Member] | Other Securities [Member]
Assets
Securities: Available-for-sale, Fair Value	12,170	14,414
Fair Value, Inputs, Level 1 [Member] | Certificate Of Deposit [Member]
Assets
Securities: Available-for-sale, Fair Value
Fair Value, Inputs, Level 2 [Member]
Assets
Securities: Available-for-sale, Fair Value	371,373	320,090
Derivatives	45	88
Assets: Available-for-sale, Fair Value	371,418	320,178
Fair Value, Inputs, Level 2 [Member] | Federal Agency Obligations [Member]
Assets
Securities: Available-for-sale, Fair Value	59,645	52,837
Fair Value, Inputs, Level 2 [Member] | Residential mortgage pass-through securities [Member]
Assets
Securities: Available-for-sale, Fair Value	140,400	72,497
Fair Value, Inputs, Level 2 [Member] | Commercial mortgage pass-through securities [Member]
Assets
Securities: Available-for-sale, Fair Value	4,173	4,209
Fair Value, Inputs, Level 2 [Member] | Obligations of U.S. states and political subdivisions [Member]
Assets
Securities: Available-for-sale, Fair Value	118,371	132,387
Fair Value, Inputs, Level 2 [Member] | Trust Preferred Securities [Member]
Assets
Securities: Available-for-sale, Fair Value	4,586	5,666
Fair Value, Inputs, Level 2 [Member] | Corporate Bonds And Notes [Member]
Assets
Securities: Available-for-sale, Fair Value	30,288	36,928
Fair Value, Inputs, Level 2 [Member] | Asset-backed Securities [Member]
Assets
Securities: Available-for-sale, Fair Value	13,281	14,583
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 2 [Member] | Certificate Of Deposit [Member]
Assets
Securities: Available-for-sale, Fair Value	629	983
Fair Value, Inputs, Level 3 [Member]
Assets
Securities: Available-for-sale, Fair Value	17,983	18,218
Derivatives
Assets: Available-for-sale, Fair Value	17,983	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	17,983	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] | 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, Inputs, Level 3 [Member] | Certificate Of Deposit [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	Jun. 30, 2017	Dec. 31, 2016
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	$ 50,891	$ 70,105
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
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	1,432	1,099
Fair Value, Inputs, Level 1 [Member] | 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
Fair Value, Inputs, Level 1 [Member] | 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
Fair Value, Inputs, Level 1 [Member] | 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
Fair Value, Inputs, Level 2 [Member] | 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		4,509
Fair Value, Inputs, Level 2 [Member] | 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
Fair Value, Inputs, Level 2 [Member] | 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
Fair Value, Inputs, Level 3 [Member] | 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	50,891	65,596
Fair Value, Inputs, Level 3 [Member] | 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
Fair Value, Inputs, Level 3 [Member] | 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	$ 1,432	$ 1,099

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		6 Months Ended	12 Months Ended
		Jun. 30, 2017	Dec. 31, 2016
Balance of recurring Level 3 assets		$ 18,218
Other	[1]		18,335
Principal paydowns		(235)	(117)
Balance of recurring Level 3 assets		$ 17,983	$ 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	6 Months Ended	12 Months Ended
	Jun. 30, 2017	Dec. 31, 2016
Fair value	$ 17,983	$ 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	6 Months Ended	12 Months Ended
	Jun. 30, 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	$ 1,432	$ 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	$ 50,891	$ 65,596
Valuation Technique	Discounted cash flows (30%)	Discounted cash flows (30%)
Purchase amount per medallion	$ 45	$ 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	Jun. 30, 2017	Dec. 31, 2016	Jun. 30, 2016	Dec. 31, 2015
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and due from banks, Carrying Amount	$ 146,508	$ 200,399	$ 175,113	$ 200,895
Cash and due from banks, Fair Value	146,508	200,399
Securities available-for-sale, Carrying Amount	402,130	353,290
Securities available-for-sale, Fair Value	402,130	353,290
Restricted investment in bank stocks, Carrying Amount	32,152	24,310
Loans held-for-sale, Carrying Amount	51,124	78,005
Loans held-for-sale, Fair Value	51,124	78,005
Net loans, Carrying Amount	3,733,171	3,450,088
Net loans, Fair Value	3,740,586	3,462,138
Derivatives, Carrying Amount	45	88
Derivatives, Fair Value	45	88
Accrued interest receivable, Carrying Amount	13,194	12,965
Accrued interest receivable, Fair Value	13,194	12,965
Noninterest-bearing deposits, Carrying Amount	695,522	694,977
Noninterest-bearing deposits, Fair Value	695,522	694,977
Interest-bearing deposits, Carrying Amount	2,734,851	2,649,294
Interest-bearing deposits, Fair Value	2,735,530	2,649,717
Borrowings, Carrying Amount	626,173	476,280
Borrowings, Fair Value	627,854	478,286
Subordinated debentures, net	54,616	54,534
Subordinated debentures, Fair Value	56,542	55,901
Accrued interest payable, Carrying Amount	6,044	4,142
Accrued interest payable, Fair Value	6,044	4,142
Fair Value, Inputs, Level 1 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and due from banks, Fair Value	146,508	200,399
Securities available-for-sale, Fair Value	12,774	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	695,522	694,977
Interest-bearing deposits, Fair Value	1,753,548	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 due from banks, Fair Value
Securities available-for-sale, Fair Value	371,373	320,090
Loans held-for-sale, Fair Value	233	12,409
Net loans, Fair Value
Derivatives, Carrying Amount	45	88
Derivatives, Fair Value	45	88
Accrued interest receivable, Fair Value	1,744	2,026
Noninterest-bearing deposits, Fair Value
Interest-bearing deposits, Fair Value	981,982	968,673
Borrowings, Fair Value	627,854	478,286
Subordinated debentures, Fair Value	56,542	55,901
Accrued interest payable, Fair Value	6,044	4,142
Fair Value, Inputs, Level 3 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and due from banks, Fair Value
Securities available-for-sale, Fair Value	17,983	18,218
Loans held-for-sale, Fair Value	50,891	65,596
Net loans, Fair Value	3,740,586	3,462,138
Derivatives, Carrying Amount
Derivatives, Fair Value
Accrued interest receivable, Fair Value	11,450	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		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
COMPREHENSIVE INCOME (Details) - Comprehensive Income (Loss) [Line Items]
Sale of securities available-for-sale Net gains on sale of securities available for sale	$ 224	$ 1,179	$ 913	$ 2,074
Sale of securities available-for-sale Income tax expense	(88)	(464)	(356)	(821)
Total reclassification	76	509	(365)	288
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		(103)	1,596	103
Sale of securities available-for-sale Income tax expense		42	(579)	(42)
Sale of securities available-for-sale		(61)	1,017	61
Amortization of pension plan net actuarial losses Salaries and employee benefits	103		(206)	(102)
Amortization of pension plan net actuarial losses Income tax benefit	(42)		84	41
Amortization of pension plan net actuarial losses	61		(122)	(61)
Total reclassification	$ (61)	$ (61)	$ 895

Other Comprehensive Income (L68

Other Comprehensive Income (Loss) (Details) - Schedule of Accumulated Other Comprehensive Income (Loss) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Schedule of Accumulated Other Comprehensive Income (Loss) [Abstract]
Securities available-for-sale	$ 473	$ 933
Cash flow hedge	26	52
Defined benefit pension and post-retirement plans	(3,710)	(3,831)
Total accumulated other comprehensive loss	$ (3,211)	$ (2,846)

Stock-Based Compensation (Detai

Stock-Based Compensation (Details) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2017	Dec. 31, 2016
Share-based Compensation Arrangement by Share-based Payment Award, Award expiration Period		10 years
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period		3 years
Restricted shares granted	1,000
Unrecognized compensation cost related to nonvested shares	$ 1,051,067	$ 1,051,067
Weighted average period related to compesation cost		1 year 3 months 19 days
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number	347,521	347,521	358,367
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost (in Dollars)	$ 47	$ 180
Restricted Stock [Member]
Unrecognized compensation cost related to nonvested shares	$ 1,694,035	$ 1,694,035
Weighted average period related to compesation cost		1 year 8 months 12 days
Performance Shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Number	151,194	151,194
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number	226,791	226,791
2017 Equity Compensation Plan [Member]
Maximum number of shares of common stock or equivalents issued		750,000
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant (in Shares)	750,000	750,000

Stock-Based Compensation (Det70

Stock-Based Compensation (Details) - Disclosure of Share-based Compensation Arrangements by Share-based Payment Award - USD ($)	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Outstanding Beginning Balance	358,367
Granted
Exercised	(10,846)	(36,135)
Forfeited/cancelled/expired
Outstanding Ending Balance	347,521
Exercisable Ending Balance	343,991
Outstanding Beginning Balance, Weighted-Average Exercise Price	$ 6.26
Granted, Weighted-Average Exercise Price
Exercised, Weighted-Average Exercise Price	13.44
Forfeited/cancelled/expired, Weighted-Average Exercise Price
Outstanding Ending Balance, Weighted-Average Exercise Price	6.11
Exercisable Ending Balance, Weighted-Average Exercise Price	$ 6.03
Outstanding Ending Balance - Weighted-Average Remaining Contractual Term (In Years)	2 years 2 months 12 days
Exercisable Ending Balance - Weighted-Average Remaining Contractual Term (In Years)	2 years 1 month 27 days
Outstanding Ending Balance - Aggregate Intrinsic Value	$ 5,711,643
Exercisable Ending Balance - Aggregate Intrinsic Value	$ 5,682,309

Stock-Based Compensation (Det71

Stock-Based Compensation (Details) - Schedule of Share-based Payment Award, Nonvested Shares	6 Months Ended
	Jun. 30, 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	$ 20.41

Stock-Based Compensation (Det72

Stock-Based Compensation (Details) - Schedule of Share-based Payment Award, Unearned Shares	6 Months Ended
	Jun. 30, 2017$ / sharesshares
Outstanding Beginning Balance	358,367
Awarded
Outstanding Ending Balance	347,521
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		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Average daily balance during the year
Interest cost	$ 120	$ 129	$ 239	$ 257
Expected return on plan assets	(160)	(155)	(320)	(291)
Net amortization	103	102	206	204
Recognized settlement loss
Net periodic pension cost	63	76	125	170
Amortization of actuarial loss	(103)		(204)	(101)
Total recognized in other comprehensive income	(103)		(204)	(101)
Total recognized in net expense and OCI (before tax)	$ (40)	$ 76	$ (79)	$ 69

FHLB Borrowings (Details)

FHLB Borrowings (Details) $ in Millions	6 Months Ended
	Jun. 30, 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	721
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	Jun. 30, 2017	Dec. 31, 2016
By type of borrowing:
FHLB borrowings (in Dollars)	$ 626,173	$ 461,280
Weighted average interest rates	1.56%	1.55%
By remaining period to maturity:
Less than 1 year (in Dollars)	$ 446,173	$ 231,280
Less than 1 year	1.30%	1.02%
1 year through less than 2 years (in Dollars)	$ 115,000	$ 130,000
1 year through less than 2 years	1.85%	1.84%
2 years through less than 3 years (in Dollars)	$ 25,000	$ 35,000
2 years through less than 3 years	1.85%	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%
4 years through 5 years (in Dollars)
4 years through 5 years

Securities Sold under Agreeme76

Securities Sold under Agreements to Repurchase (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2017	Jun. 15, 2017	Dec. 31, 2016
Outstanding repurchase agreement		$ 15,000
Securities carrying amount	$ 0		$ 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	6 Months Ended		12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
Securities Sold under Agreements to Repurchase [Abstract]
Average daily balance during the year-to-date	$ 13,674	$ 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 $ in Thousands	Dec. 31, 2016USD ($)
Total Borrowings	$ 16,826
Amounts related to agreements not included in offsetting disclosure in Note 14:	1,826
Residential mortgage pass-through securities [Member]
Total Borrowings	16,826
U.S. Treasury and agency securities [Member]
Total Borrowings
30 - 90 Days [Member]
Total Borrowings
30 - 90 Days [Member] | Residential mortgage pass-through securities [Member]
Total Borrowings
30 - 90 Days [Member] | U.S. Treasury and agency securities [Member]
Total Borrowings
Greater Than 90 Days[Member]
Total Borrowings	16,826
Greater Than 90 Days[Member] | Residential mortgage pass-through securities [Member]
Total Borrowings	16,826
Greater Than 90 Days[Member] | U.S. Treasury and agency securities [Member]
Total Borrowings
Upto 30 Days [Member]
Total Borrowings
Upto 30 Days [Member] | Residential mortgage pass-through securities [Member]
Total Borrowings
Upto 30 Days [Member] | U.S. Treasury and agency securities [Member]
Total Borrowings
Overnight and Continuous [Member]
Total Borrowings
Overnight and Continuous [Member] | Residential mortgage pass-through securities [Member]
Total Borrowings
Overnight and Continuous [Member] | U.S. Treasury and agency securities [Member]
Total Borrowings

Subordinated Debentures (Detail

Subordinated Debentures (Details) - USD ($) $ in Thousands	1 Months Ended	6 Months Ended
	Jun. 30, 2015	Jun. 30, 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		$ 539
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		4.02%
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	6 Months Ended	12 Months Ended
	Jun. 30, 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	Jun. 30, 2017	Dec. 31, 2016
Interest Rate Swap [Member]
Gross Amounts Recognized, Assets	$ 45	$ 88
Gross Amounts Offset in the Statement of Financial Position, Assets
Net Amounts of Assets Presented in the Statement of Financial Position, Assets	45	88
Financial Instruments Recognized, Assets
Cash or Financial Instrument Collateral, Assets
Net Amount, Assets	45	88
Repurchase Agreements [Member]
Gross Amounts Recognized, Liabilities		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
Financial Instruments Recognized, Liabilities
Cash or Financial Instrument Collateral, Liabilities		15,000
Net Amount, Liabilities