Suffolk Bancorp (SCNB) Inactive 10-K27 Feb 152014 FY Annual reportFinancial data

Company Profile

Document_and_Entity_Informatio

Document and Entity Information (USD $)	12 Months Ended
In Millions, except Share data, unless otherwise specified	Dec. 31, 2014	Feb. 13, 2015	Jun. 30, 2014
Document and Entity Information [Abstract]
Entity Registrant Name	SUFFOLK BANCORP
Entity Central Index Key	754673
Current Fiscal Year End Date	-19
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding		11,674,621
Entity Public Float			$252
Document Fiscal Year Focus	2014
Document Fiscal Period Focus	FY
Document Type	10-K
Amendment Flag	FALSE
Document Period End Date	31-Dec-14

CONSOLIDATED_STATEMENTS_OF_CON

CONSOLIDATED STATEMENTS OF CONDITION (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Cash and cash equivalents
Cash and non-interest-bearing deposits due from banks	$41,140	$69,065
Interest-bearing deposits due from banks	13,376	62,287
Federal funds sold	1,000	1,000
Total cash and cash equivalents	55,516	132,352
Interest-bearing time deposits in other banks	10,000	10,000
Federal Reserve Bank, Federal Home Loan Bank and other stock	8,600	2,863
Investment securities:
Available for sale, at fair value	298,670	400,780
Held to maturity (fair value of $64,796 and $12,234 at December 31, 2014 and 2013, respectively)	62,270	11,666
Total investment securities	360,940	412,446
Loans	1,355,427	1,068,848
Allowance for loan losses	19,200	17,263
Net loans	1,336,227	1,051,585
Loans held-for-sale	26,495	175
Premises and equipment, net	23,641	25,261
Bank owned life insurance	45,109	38,755
Deferred taxes	15,714	13,953
Income tax receivable	820	0
Accrued interest and loan fees receivable	5,676	5,441
Goodwill and other intangibles	2,991	2,978
Other assets	3,554	4,007
TOTAL ASSETS	1,895,283	1,699,816
LIABILITIES & STOCKHOLDERS' EQUITY
Demand deposits	683,634	628,616
Saving, N.O.W. and money market deposits	653,667	656,366
Time certificates of $100,000 or more	160,849	158,337
Other time deposits	57,910	66,742
Total deposits	1,556,060	1,510,061
Borrowings	130,000	0
Unfunded pension liability	6,303	258
Capital leases	4,511	4,612
Other liabilities	15,676	17,687
TOTAL LIABILITIES	1,712,550	1,532,618
COMMITMENTS AND CONTINGENT LIABILITIES
STOCKHOLDERS' EQUITY
Common stock (par value $2.50; 15,000,000 shares authorized; issued 13,836,508 shares at December 31, 2014 and 13,738,752 shares at December 31, 2013; outstanding 11,670,770 shares at December 31, 2014 and 11,573,014 shares at December 31, 2013)	34,591	34,348
Surplus	44,230	43,280
Retained earnings	116,169	102,273
Treasury stock at par (2,165,738 shares)	-5,414	-5,414
Accumulated other comprehensive loss, net of tax	-6,843	-7,289
TOTAL STOCKHOLDERS' EQUITY	182,733	167,198
TOTAL LIABILITIES & STOCKHOLDERS' EQUITY	$1,895,283	$1,699,816

CONSOLIDATED_STATEMENTS_OF_CON1

CONSOLIDATED STATEMENTS OF CONDITION (Parenthetical) (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Thousands, except Share data, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Investment securities:
Held to maturity, fair value	$64,796	$12,234
STOCKHOLDERS' EQUITY
Common stock, par value (in dollars per share)	$2.50	$2.50
Common stock, shares authorized (in shares)	15,000,000	15,000,000
Common stock, shares, issued (in shares)	13,836,508	13,738,752
Common stock, shares outstanding (in shares)	11,670,770	11,573,014
Treasury stock, shares (in shares)	2,165,738	2,165,738

CONSOLIDATED_STATEMENTS_OF_OPE

CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)	12 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
INTEREST INCOME
Loans and loan fees	$53,570	$46,625	$48,083
U.S. Government agency obligations	2,320	2,012	241
Obligations of states and political subdivisions	5,812	5,975	6,085
Collateralized mortgage obligations	860	2,062	4,696
Mortgage-backed securities	1,936	1,871	418
Corporate bonds	253	396	204
Federal funds sold and interest-bearing deposits due from banks	150	591	599
Dividends	152	146	121
Total interest income	65,053	59,678	60,447
INTEREST EXPENSE
Saving, N.O.W. and money market deposits	1,162	1,190	1,192
Time certificates of $100,000 or more	913	1,128	1,567
Other time deposits	396	612	960
Borrowings	48	0	0
Total interest expense	2,519	2,930	3,719
Net interest income	62,534	56,748	56,728
Provision for loan losses	1,000	1,250	8,500
Net interest income after provision for loan losses	61,534	55,498	48,228
NON-INTEREST INCOME
Service charges on deposit accounts	3,681	3,800	3,932
Other service charges, commissions and fees	3,084	3,290	3,515
Fiduciary Fees	1,023	1,084	945
Net gain (loss) on sale of securities available for sale	19	403	-217
Net gain on sale of portfolio loans	217	445	755
Net gain on sale of mortgage loans originated for sale	283	1,062	1,182
Net gain on sale of premises and equipment	751	404	0
Gain on Visa shares sold	0	7,766	0
Income from bank owned life insurance	1,355	755	0
Other operating income	487	498	769
Total non-interest income	10,900	19,507	10,881
OPERATING EXPENSES
Employee compensation and benefits	34,560	33,090	35,879
Occupancy expense	5,535	6,496	5,809
Equipment expense	1,730	2,410	2,024
Consulting and professional services	2,626	2,663	3,126
FDIC assessment	1,031	1,645	1,573
Data processing	2,204	2,390	2,404
Accounting and audit fees	464	504	1,057
Branch consolidation costs	-449	2,074	0
Reserve and carrying costs related to Visa shares sold	239	989	0
Other operating expenses	5,479	6,304	9,699
Total operating expenses	53,419	58,565	61,571
Income (loss) before income tax expense (benefit)	19,015	16,440	-2,462
Income tax expense (benefit)	3,720	3,722	-714
Net income	$15,295	$12,718	($1,748)
EARNINGS (LOSS) PER COMMON SHARE - BASIC (in dollars per share)	$1.32	$1.10	($0.17)
EARNINGS (LOSS) PER COMMON SHARE - DILUTED (in dollars per share)	$1.31	$1.10	($0.17)
WEIGHTED AVERAGE NUMBER OF COMMON SHARES - BASIC (in shares)	11,626,354	11,570,731	10,248,751
WEIGHTED AVERAGE NUMBER OF COMMON SHARES - DILUTED (in shares)	11,682,142	11,591,121	10,248,751

CONSOLIDATED_STATEMENTS_OF_COM

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) [Abstract]
Net income (loss)	$15,295	$12,718	($1,748)
Other comprehensive income (loss), net of tax and reclassification adjustments:
Change in unrealized gain (loss) on securities available for sale arising during the period, net of tax of $4,060, ($8,355) and ($2,100), respectively	6,732	-14,648	-1,320
Change in unrealized loss on securities transferred from available for sale to held to maturity, net of tax of ($1,180)	-1,805	0	0
Pension and post-retirement plan benefit obligation, net of tax of ($2,929), $2,709 and $4,932, respectively	-4,481	4,473	7,276
Total other comprehensive income (loss), net of tax	446	-10,175	5,956
Total comprehensive income	$15,741	$2,543	$4,208

CONSOLIDATED_STATEMENTS_OF_COM1

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Parenthetical) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) [Abstract]
Change in unrealized gain (loss) on securities available for sale, tax	$4,060	($8,355)	($2,100)
Change in unrealized loss on securities transferred, tax	1,180	0	0
Pension and post-retirement plan benefit obligation, tax	($2,929)	$2,709	$4,932

CONSOLIDATED_STATEMENTS_OF_CHA

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (USD $)	Common Stock [Member]	Surplus [Member]	Retained Earnings [Member]	Treasury Stock [Member]	Accumulated Other Comprehensive (Loss) Income, Net of Tax [Member]	Total
In Thousands	Common Stock [Member]	Surplus [Member]	Retained Earnings [Member]	Treasury Stock [Member]		Total
Balance at Dec. 31, 2011	$34,330	$24,010	$91,303	($10,013)	($3,070)
Private equity offering, net of $2,241 of stock issuance costs		18,160
Stock options exercised	0	0
Stock-based compensation	0	458
Dividend reinvestment	0	0
Net income (loss)			-1,748			-1,748
Cash dividend on common stock ($0.12 per share in 2014)			0
Reissuance of 1,839,533 common shares from treasury in connection with private equity offering				4,599
Other comprehensive income (loss)					5,956	4,208
Balance at Dec. 31, 2012	34,330	42,628	89,555	-5,414	2,886	163,985
Private equity offering, net of $2,241 of stock issuance costs		0
Stock options exercised	18	73
Stock-based compensation	0	579
Dividend reinvestment	0	0
Net income (loss)			12,718			12,718
Cash dividend on common stock ($0.12 per share in 2014)			0
Reissuance of 1,839,533 common shares from treasury in connection with private equity offering				0
Other comprehensive income (loss)					-10,175	2,543
Balance at Dec. 31, 2013	34,348	43,280	102,273	-5,414	-7,289	167,198
Private equity offering, net of $2,241 of stock issuance costs		0
Stock options exercised	46	200
Stock-based compensation	181	630
Dividend reinvestment	16	120
Net income (loss)			15,295			15,295
Cash dividend on common stock ($0.12 per share in 2014)			-1,399
Reissuance of 1,839,533 common shares from treasury in connection with private equity offering				0
Other comprehensive income (loss)					446	15,741
Balance at Dec. 31, 2014	$34,591	$44,230	$116,169	($5,414)	($6,843)	$182,733

CONSOLIDATED_STATEMENTS_OF_CHA1

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (Parenthetical) (USD $)	12 Months Ended
In Thousands, except Share data, unless otherwise specified	Dec. 31, 2012	Dec. 31, 2014
Surplus [Member]
Stock issuance costs	$2,241
Retained Earnings [Member]
Cash dividend on common stock (in dollars per share)		$0.12
Treasury Stock [Member]
Reissuance of common shares (in shares)	1,839,533

CONSOLIDATED_STATEMENTS_OF_CAS

CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
CONSOLIDATED STATEMENTS OF CASH FLOWS [Abstract]
NET INCOME (LOSS)	$15,295	$12,718	($1,748)
ADJUSTMENTS TO RECONCILE NET INCOME (LOSS) TO NET CASH PROVIDED BY OPERATING ACTIVITIES
Provision for loan losses	1,000	1,250	8,500
Depreciation and amortization	2,358	3,258	2,572
Stock-based compensation	811	579	458
Net amortization of premiums	1,188	1,312	1,411
Originations of mortgage loans for sale	-16,582	-42,052	-47,832
Proceeds from sale of mortgage loans originated for sale	15,682	47,519	49,014
Gain on sale of mortgage loans originated for sale	-283	-1,062	-1,182
Gain on sale of portfolio loans	-217	-445	-755
Increase in other intangibles	-13	-308	-233
Deferred tax (benefit) expense	-1,711	3,077	3,133
(Increase) decrease in income tax receivable	-820	5,406	15
(Increase) decrease in accrued interest and loan fees receivable	-235	-558	2,002
Decrease in other assets	454	1,742	2,177
Adjustment to unfunded pension liability	-1,365	-63	3,147
(Decrease) increase in other liabilities	-2,011	2,514	1,797
Income from bank owned life insurance	-1,355	-755	0
Gain on Visa shares sold	0	-7,766	0
Gain on sale of premises and equipment	-751	-404	0
Loss on sale and writedowns of other real estate owned ("OREO")	0	47	600
Net (gain) loss on sale of securities available for sale	-19	-403	217
Net cash provided by operating activities	11,426	25,606	23,293
CASH FLOWS FROM INVESTING ACTIVITIES
Principal payments on investment securities	11,055	55,904	32,662
Proceeds from sale of investment securities - available for sale	20,604	13,427	7,457
Maturities of investment securities - available for sale	29,634	24,752	33,493
Purchases of investment securities - available for sale	-800	-116,403	-181,789
Maturities of investment securities - held to maturity	1,084	1,593	2,247
Purchases of investment securities - held to maturity	-3,434	-5,243	-990
Increase in interest-bearing time deposits in other banks	0	-10,000	0
(Increase) decrease in Federal Reserve Bank, Federal Home Loan Bank and other stock	-5,737	180	-507
Proceeds from sale of portfolio loans	25,443	7,732	56,993
Loan (originations) repayments - net	-336,005	-300,796	100,680
Proceeds from sale of Visa shares	0	7,766	0
Proceeds from sale of premises and equipment	1,064	851	0
Proceeds from sale of OREO	0	1,525	0
Increase in bank owned life insurance	-5,000	-38,000	0
Purchases of premises and equipment - net	-1,051	-1,310	-2,244
Net cash (used in) provided by investing activities	-263,143	-358,022	48,002
CASH FLOWS FROM FINANCING ACTIVITIES
Net increase in deposit accounts	45,999	78,947	119,242
Net increase in borrowings	130,000	0	0
Proceeds from private equity offering, net	0	0	22,759
Proceeds from stock options exercised	246	91	0
Cash dividends paid on common stock	-1,399	0	0
Proceeds from shares issued under the dividend reinvestment plan	136	0	0
Decrease in capital lease payable	-101	-76	-49
Net cash provided by financing activities	174,881	78,962	141,952
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS	-76,836	-253,454	213,247
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD	132,352	385,806	172,559
CASH AND CASH EQUIVALENTS, END OF PERIOD	55,516	132,352	385,806
SUPPLEMENTAL DATA:
Interest paid	2,543	3,007	3,830
Income taxes paid	6,314	480	0
Loans transferred to held-for-sale	50,363	6,383	56,843
Loans transferred to OREO	0	0	372
Investment securities transferred from available for sale to held to maturity	$48,147	$0	$0

SUMMARY_OF_SIGNIFICANT_ACCOUNT

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

12 Months Ended

Dec. 31, 2014

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Organization and Nature of Operations — Suffolk Bancorp (the “Company”) was incorporated in 1985 as a bank holding company. The Company currently owns all of the outstanding capital stock of the Suffolk County National Bank of Riverhead (the “Bank”). The Bank was organized under the national banking laws of the United States in 1890. The consolidated financial statements include the accounts of the Company and its wholly owned subsidiary, the Bank. The Bank formed the REIT, Suffolk Greenway, Inc., and owns 100% of an insurance agency and two corporations used to acquire foreclosed real estate. The insurance agency and the two corporations used to acquire foreclosed real estate are immaterial to the Company’s operations. All material intercompany accounts and transactions have been eliminated in consolidation. Unless the context otherwise requires, references herein to the Company include the Company and the Bank on a consolidated basis.

The accounting and reporting policies of the Company conform to the accounting principles generally accepted in the United States of America (“U.S. GAAP”) and general practices within the banking industry. The preparation of the financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the financial statements and the accompanying notes. Actual results could differ from those estimates. The following describe the most significant of these policies.

Cash and Cash Equivalents — For purposes of the consolidated statements of cash flows, cash and due from banks and federal funds sold are considered to be cash equivalents. Generally, federal funds are sold for one-day periods.

Investment Securities — The Company reports investment securities in one of the following categories: (i) held to maturity (management has the intent and ability to hold to maturity), which are reported at amortized cost; (ii) trading (held for current resale), which are reported at fair value, with unrealized gains and losses included in earnings; and (iii) available for sale, which are reported at fair value, with unrealized gains and losses excluded from earnings and reported as a separate component of stockholders’ equity. The Company has classified all of its holdings of investment securities as either held to maturity or available for sale. At the time a security is purchased, a determination is made as to the appropriate classification.

Premiums and discounts on investment securities are amortized as expense and accreted as income over the estimated life of the respective security using a method that generally approximates the level-yield method. Gains and losses on the sales of investment securities are recognized upon realization, using the specific identification method and shown separately in the consolidated statements of operations.

Management evaluates securities for OTTI on at least a quarterly basis, and more frequently when economic or market conditions warrant such an evaluation. For securities in an unrealized loss position, management considers the extent and duration of the unrealized loss and the financial condition and near-term prospects of the issuer. Management also assesses whether it intends to sell, or it is more likely than not that it will be required to sell, a security in an unrealized loss position before recovery of its amortized cost basis. If either of the criteria regarding intent or requirement to sell is met, the entire difference between amortized cost and fair value is recognized as impairment through earnings. For debt securities that do not meet the aforementioned criteria, the amount of impairment is split into two components as follows: 1) OTTI related to credit loss, which must be recognized in the statement of operations and 2) OTTI related to other factors, which is recognized in other comprehensive income (loss). The credit loss is defined as the difference between the present value of the cash flows expected to be collected and the amortized cost basis. For equity securities, the entire amount of impairment is recognized through earnings.

Loans and Loan Interest Income Recognition — 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 unearned discounts, deferred loan fees and costs. Unearned discounts on installment loans are credited to income using methods that result in a level yield. Loan origination fees, net of certain direct origination costs, are deferred and recognized in interest income over the respective term of the loan without anticipating prepayments.

Interest income is accrued on the unpaid loan principal balance. Recognition of interest income is discontinued when reasonable doubt exists as to whether principal or interest due can be collected. Loans of all classes will generally no longer accrue interest when over 90 days past due unless the loan is well-secured and in process of collection. When a loan is placed on non-accrual status, all interest previously accrued, but not collected, is reversed against current-year interest income. Interest received on such loans is applied against principal or interest, according to management’s judgment as to the collectability of the principal, until qualifying for return to accrual status. Loans may start accruing interest again when they become current as to principal and interest for at least six months, and when, after a well-documented analysis by management, it has been determined that the loans can be collected in full. For all classes of loans, an impaired loan is defined as a loan for which it is probable that the lender will not collect all amounts due under the contractual terms of the loan agreement. Loans for which the terms have been modified resulting in a concession, and for which the borrower is experiencing financial difficulties are considered TDRs and are classified as impaired. Generally, TDRs are initially classified as non-accrual until sufficient time has passed to assess whether the restructured loan will continue to perform. For impaired, accruing loans, interest income is recognized on an accrual basis with cash offsetting the recorded accruals upon receipt.

Allowance for Loan Losses - The allowance for loan losses is a valuation allowance for probable incurred losses, increased by the provision for loan losses and recoveries, and decreased by loan charge-offs. For all classes of loans, when a loan, in full or in part, is deemed uncollectible, it is charged against the allowance for loan losses. This happens when the loan is past due and the borrower has not shown the ability or intent to make the loan current, or the borrower does not have sufficient assets to pay the debt, or the value of the collateral is less than the balance of the loan and is not considered likely to improve soon. The allowance for loan losses is determined by a quarterly analysis of the loan portfolio. Such analysis includes changes in the size and composition of the portfolio, the Company’s own historical loan losses, industry-wide losses, current and anticipated economic trends, and details about individual loans. It also includes estimates of the actual value of collateral, other possible sources of repayment and estimates that are susceptible to significant changes due to changes in appraisal values of collateral, national and regional economic conditions and other relevant factors. All non-accrual loans over $250 thousand in the commercial and industrial, commercial real estate and real estate construction loan classes and all TDRs are evaluated individually for impairment. All other loans are generally evaluated as homogeneous pools with similar risk characteristics. In assessing the adequacy of the allowance for loan losses, management reviews the loan portfolio by separate classes that have similar risk and collateral characteristics. These classes are commercial and industrial, commercial real estate, multifamily, mixed use commercial, real estate construction, residential mortgages, home equity and consumer loans.

The allowance for loan losses consists of specific and general components, as well as an unallocated component. The specific component relates to loans that are individually classified as impaired. Specific reserves are established based on an analysis of the most probable sources of repayment or liquidation of collateral. Impaired loans that are collateral dependent are reviewed based on the fair market value of collateral and the estimated time required to recover the Company’s investment in the loans, as well as the cost of doing so, and the estimate of the recovery. Non-collateral dependent impaired loans are reviewed based on the present value of estimated future cash flows, including balloon payments, if any, using the loan’s effective interest rate. While every impaired loan is evaluated individually, not every loan requires a specific reserve. Specific reserves fluctuate based on changes in the underlying loans, anticipated sources of repayment, and charge-offs. The general component covers non-impaired loans and is based on historical loss experience for each loan class from a rolling twelve quarter period and modifying those percentages, if necessary, after adjusting for current qualitative and environmental factors that reflect changes in the estimated collectability of the loan class not captured by historical loss data. These factors augment actual loss experience and help estimate the probability of loss within the loan portfolio based on emerging or inherent risk trends. These qualitative factors are applied as an adjustment to historical loss rates and require judgments that cannot be subjected to exact mathematical calculation. These adjustments reflect management’s overall estimate of the extent to which current losses on a pool of loans will differ from historical loss experience. These adjustments are subjective estimates and management reviews them on a quarterly basis. TDRs are also considered impaired with impairment generally measured at the present value of estimated future cash flows using the loan’s effective interest rate at inception or using the fair value of collateral, less estimated costs to sell, if repayment is expected solely from the collateral. An unallocated component is maintained to cover uncertainties that could affect management’s estimate of probable losses. The unallocated component of the allowance reflects the margin of imprecision inherent in the underlying assumptions used in the methodologies for estimating specific and general losses in the portfolio.

Transfers of Financial Instruments - Transfers of financial assets for which the Bank has surrendered control of the financial assets are accounted for as sales to the extent that consideration other than beneficial interests in the transferred assets is received in exchange. Retained interests in a sale or securitization of financial assets are initially measured at fair value and subsequently amortized over the estimated servicing period. The fair values of retained servicing rights and any other retained interests are determined based on the present value of expected future cash flows associated with those interests and by reference to market prices for similar assets. There were no transfers of financial assets to related or affiliated parties for any of the reported periods. The Bank services residential mortgage loans for others which are not included in the accompanying consolidated statements of condition. At December 31, 2014 and 2013, the outstanding principal balance of such loans approximated $160 million and $161 million, respectively. The carrying value, approximating the estimated fair value, of mortgage servicing rights was $2 million as of December 31, 2014 and 2013, and is recorded in goodwill and other intangibles in the Company’s consolidated statements of condition.

Loans Held-For-Sale – Loans held-for-sale are carried at the lower of aggregate cost or fair value, based on observable inputs in the secondary market. Changes in fair value of loans held-for-sale are recognized in earnings.

Other Real Estate Owned (“OREO”) — Property acquired through foreclosure, or OREO, is initially stated at fair value less estimated selling costs. Losses arising at the time of the acquisition of property are charged against the allowance for loan losses. Any additional write-downs to the carrying value of these assets that may be required, as well as the cost of maintaining and operating these foreclosed properties, are charged to expense. The Company held no OREO at any of the reported periods.

Premises and Equipment — Premises and equipment are stated at cost, less accumulated depreciation and amortization. Depreciation is calculated by the declining-balance or straight-line method over the estimated useful lives of the assets. Leasehold improvements are amortized using the straight-line method over the term of the lease or the estimated life of the asset, whichever is shorter. The Bank periodically evaluates impairment of long-lived assets to be held and used or to be disposed of by sale. There was no impairment of long-lived assets at any of the reported periods.

Bank Owned Life Insurance - Bank owned life insurance is recorded at the lower of the cash surrender value or the amount that can be realized under the insurance policy and is included as an asset in the consolidated statements of condition. Changes in the cash surrender value and insurance benefit payments are recorded in non-interest income in the consolidated statements of operations.

Goodwill — Goodwill resulting from business combinations represents the excess of the purchase price over the fair value of the net assets of the acquired business and was approximately $814 thousand at each of the Company’s reported periods. Goodwill is not amortized but tested for impairment at least annually or when there is a circumstance that would indicate the need to evaluate between annual tests. Based on these tests, there was no impairment of goodwill as of December 31, 2014 and 2013.

Allowance for Off-Balance Sheet Credit Risk — The balance of the allowance for off-balance sheet credit risk is determined by management’s estimate of the amount of financial risk in outstanding loan commitments and contingent liabilities such as performance and financial letters of credit. The allowance for off-balance sheet credit risk was $290 thousand and $255 thousand at December 31, 2014 and 2013, respectively, and is recorded in other liabilities in the Company’s consolidated statements of condition.

The Company has financial and performance letters of credit. Financial letters of credit require the Bank to make payment if the customer’s financial condition deteriorates, as defined in the agreements. Performance letters of credit require the Bank to make payments if the customer fails to perform certain non-financial contractual obligations.

Income Taxes — Deferred tax assets and liabilities are the expected future tax consequences of temporary differences between the carrying amounts and the tax bases of assets and liabilities, computed using enacted tax rates. Deferred tax assets are recognized if it is more likely than not that a future benefit will be realized. A valuation allowance, if needed, reduces deferred tax assets to the amount expected to be realized. The realization of deferred tax assets (net of a recorded valuation allowance) is largely dependent upon future taxable income, future reversals of existing taxable temporary differences and the ability to carryback losses to available tax years. In assessing the need for a valuation allowance, the Company considers all relevant positive and negative evidence, including taxable income in carryback years, scheduled reversals of deferred tax liabilities, expected future taxable income and available tax planning strategies.

Summary of Retirement Benefits Accounting — The Company’s retirement plan is noncontributory and covers substantially all eligible employees. The plan conforms to the provisions of the Employee Retirement Income Security Act of 1974, as amended, and the Pension Protection Act of 2006, which requires certain funding rules for defined benefit plans. The Company’s policy is to accrue for all pension costs and to fund the maximum amount allowable for tax purposes. Actuarial gains and losses that arise from changes in assumptions concerning future events are amortized over a period that reflects the long-term nature of pension expense used in estimating pension costs.

In accordance with U.S. GAAP the Company recognizes the funded status of a benefit plan in its consolidated statement of financial condition; recognizes as a component of other comprehensive income, net of tax, the gains or losses and prior service costs or credits that arise during the period but are not recognized as components of net periodic benefit cost; measures defined benefit plan assets and obligation as of the date of fiscal year-end; and discloses in the notes to financial statements additional information about certain effects of net periodic benefit cost for the next fiscal year that arise from delayed recognition of the gains or losses, prior service costs or credits, and transition asset and obligation. Plan assets and benefit obligations shall be measured as of the date of its statement of financial position and in determining the amount of net periodic benefit cost. An employer is required to use the same date for the measurement of plan assets as for the statement of condition. The Company accrues for post-retirement benefits other than pensions by accruing the cost of providing those benefits to an employee during the years that the employee serves.

Stock-Based Compensation — The Company recognizes compensation expense for the fair value of stock options and restricted stock on a straight line basis over the requisite service period of the grants.

Treasury Stock — The balance of treasury stock is computed at par value. Under the par value method, the acquisition cost of treasury shares is compared with the amount received at the time of their original issue. The treasury stock account is debited for the par value (or stated value) of the shares and a pro rata amount of any excess over par (or stated value) on original issuance is charged to the surplus account. Any excess of the acquisition cost over the original issue price is charged to retained earnings. If, however, the original issue price exceeds the acquisition price of the treasury stock, this difference is credited to surplus.

Earnings Per Share — Basic earnings per share is computed based on the weighted average number of common shares and unvested restricted shares outstanding for each period. The Company’s unvested restricted shares are considered participating securities as they contain rights to non-forfeitable dividends and thus they are included in the basic earnings per share computation. Diluted earnings per share includes the dilutive effect of additional potential common shares issuable under stock options. In the event a net loss is reported, restricted shares and stock options are excluded from earnings per share computations.

The reconciliation of basic and diluted weighted average number of common shares outstanding for the years ended December 31, 2014, 2013 and 2012 follows.

Years Ended December 31,

2014

2013

2012

Weighted average common shares outstanding

11,582,807

11,570,731

10,248,751

Weighted average unvested restricted shares

43,547

Weighted average shares for basic earnings per share

11,626,354

11,570,731

10,248,751

Additional diluted shares:

Stock options

55,788

20,390

Weighted average shares for diluted earnings per share

11,682,142

11,591,121

10,248,751

Comprehensive Income — Comprehensive income includes net income and all other changes in equity during a period except those resulting from investments by owners and distributions to owners. Other comprehensive income includes revenues, expenses, gains and losses that under U.S. GAAP are included in comprehensive income but excluded from net income. Comprehensive income and accumulated other comprehensive income (“AOCI”) are reported net of related income taxes. AOCI for the Company consists of unrealized holding gains or losses on securities available for sale, unrealized holding losses on securities transferred from available for sale to held to maturity and gains or losses on the unfunded projected benefit obligation of the pension plan.

Derivatives - Derivatives are contracts between counterparties that specify conditions under which settlements are to be made. The only derivatives held by the Company are swap contracts with the purchaser of its Visa Class B shares. The Company records its derivatives on the consolidated statements of condition at fair value. The Company’s derivatives do not qualify for hedge accounting. As a result, changes in fair value are recognized in earnings in the period in which they occur. (See also Note 3. Investment Securities contained herein.)

Segment Reporting — U.S. GAAP requires that public companies report certain information about operating segments. It also requires that public companies report certain information about their products and services, the geographic areas in which they operate and their major customers. The Company is a community bank which offers a wide array of products and services to its customers. Pursuant to its banking strategy, emphasis is placed on building relationships with its customers and operations are managed and financial performance is evaluated on a Company-wide basis. As a result, the Company, the only reportable segment, is not organized around discernible lines of business and prefers to work as an integrated unit to customize solutions for its customers, with business line emphasis and product offerings changing over time as needs and demands change.

Recent Accounting Guidance – In January 2015, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2015-01, Income Statement—Extraordinary and Unusual Items (Subtopic 225-20), “Simplifying Income Statement Presentation by Eliminating the Concept of Extraordinary Items,” as part of its initiative to reduce complexity in accounting standards (the Simplification Initiative). This ASU eliminates from U.S. GAAP the concept of extraordinary items. Eliminating the concept of extraordinary items will save time and reduce costs for preparers because they will not have to assess whether a particular event or transaction event is extraordinary (even if they ultimately would conclude it is not). This also alleviates uncertainty for preparers, auditors, and regulators because auditors and regulators no longer will need to evaluate whether a preparer treated an unusual and/or infrequent item appropriately. The amendments in this ASU are effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2015. A reporting entity may apply the amendments prospectively. A reporting entity also may apply the amendments retrospectively to all prior periods presented in the financial statements. Early adoption is permitted provided that the guidance is applied from the beginning of the fiscal year of adoption. Management intends to adopt ASU 2015-01 on January 1, 2016 and does not believe that the adoption will have a material effect on the Company’s consolidated financial statements.

In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers (Topic 606), “Revenue from Contracts with Customers,” which supersedes nearly all existing revenue recognition guidance under U.S. GAAP. The core principle of the ASU is to recognize revenues when promised goods or services are transferred to customers in an amount that reflects the consideration to which an entity expects to be entitled for those goods or services. The ASU defines a five step process to achieve this core principle and, in doing so, more judgment and estimates may be required within the revenue recognition process than are required under existing U.S. GAAP. The ASU is effective for annual periods beginning after December 15, 2016, and interim periods therein, using either of the following transition methods: (i) a full retrospective approach reflecting the application of the standard in each prior reporting period with the option to elect certain practical expedients, or (ii) a retrospective approach with the cumulative effect of initially adopting the ASU recognized at the date of adoption (which includes additional footnote disclosures). The Company has not yet determined the method by which it will adopt ASU 2014-09 in 2017 and does not believe that the adoption will have a material effect on the Company’s consolidated financial statements.

In January 2014, the FASB issued ASU 2014-04, Receivables—Troubled Debt Restructurings by Creditors (Topic 310), “Reclassification of Residential Real Estate Collateralized Consumer Mortgage Loans upon Foreclosure,” to clarify when an in substance repossession or foreclosure occurs, that is, when a creditor should be considered to have received physical possession of residential real estate property collateralizing a consumer mortgage loan such that the loan receivable should be derecognized and the real estate property recognized. The ASU requires interim and annual disclosure of both (1) the amount of foreclosed residential real estate property held by the creditor and (2) the recorded investment in consumer mortgage loans collateralized by residential real estate property that are in the process of foreclosure according to local requirements of the applicable jurisdiction. The ASU is effective for fiscal years, and interim periods within those years, beginning after December 15, 2014. The Company’s adoption of ASU 2014-04 on January 1, 2015 did not have a material effect on the Company’s consolidated financial statements.

Reclassifications — Certain reclassifications have been made to prior period information in order to conform to the current period’s presentation. Such reclassifications had no impact on the Company’s consolidated results of operations or financial condition.

ACCUMULATED_OTHER_COMPREHENSIV

ACCUMULATED OTHER COMPREHENSIVE INCOME (AOCI)	12 Months Ended
ACCUMULATED OTHER COMPREHENSIVE INCOME (AOCI)	Dec. 31, 2014
ACCUMULATED OTHER COMPREHENSIVE INCOME ("AOCI") [Abstract]
ACCUMULATED OTHER COMPREHENSIVE INCOME ("AOCI")	2. ACCUMULATED OTHER COMPREHENSIVE INCOME (“AOCI”)

	The changes in the Company’s AOCI by component, net of tax, for the years ended December 31, 2014 and 2013 follow (in thousands).

		Year Ended December 31, 2014
		Unrealized Gains and Losses on Available for Sale Securities			Unrealized Losses on Securities Transferred from Available for Sale to Held to Maturity				Pension and Post-Retirement Plan Items			Total
	Beginning balance	$	(4,095	)	$	-			$	(3,194	)	$	(7,289	)
	Other comprehensive income (loss) before reclassifications		6,744			(1,938	)			(4,496	)		310
	Amounts reclassified from AOCI		(12	)		133				15			136
	Net other comprehensive income (loss)		6,732			(1,805	)			(4,481	)		446
	Ending balance	$	2,637		$	(1,805	)		$	(7,675	)	$	(6,843	)

		Year Ended December 31, 2013
		Unrealized Gains and Losses on Available for Sale Securities			Pension and Post-Retirement Plan Items				Total
	Beginning balance	$	10,553		$	(7,667	)		$	2,886
	Other comprehensive (loss) income before reclassifications		(14,391	)		4,318				(10,073	)
	Amounts reclassified from AOCI		(257	)		155				(102	)
	Net other comprehensive (loss) income		(14,648	)		4,473				(10,175	)
	Ending balance	$	(4,095	)	$	(3,194	)		$	(7,289	)


	The table below presents reclassifications out of AOCI for the years ended December 31, 2014 and 2013 (in thousands).

		Amount Reclassified from AOCI
		Years Ended December 31,						Affected Line Item in the Statement
	Details about AOCI Components	2014			2013			Where Net Income is Presented
	Unrealized gains and losses on available for sale securities	$	19		$	403		Net gain (loss) on sale of securities available for sale

	Unrealized losses on securities transferred from available for sale to held to maturity		(218	)		-		Interest income - U.S. Government agency obligations

	Pension and post-retirement plan items		(25	)		(245	)	Employee compensation and benefits

			88			(56	)	Income tax expense (benefit)

	Total reclassifications, net of tax	$	(136	)	$	102

INVESTMENT_SECURITIES

INVESTMENT SECURITIES	12 Months Ended
INVESTMENT SECURITIES	Dec. 31, 2014
INVESTMENT SECURITIES [Abstract]
INVESTMENT SECURITIES	3. INVESTMENT SECURITIES

	At the time of purchase of a security, the Company designates the security as either available for sale, trading or held to maturity, depending upon investment objectives, liquidity needs and intent.

	During 2014, investment securities with fair value of $48 million and unrealized loss of $3.2 million were transferred from available for sale to held to maturity. In accordance with U.S. GAAP, the securities were transferred at fair value, which became the amortized cost. The discount will be accreted to interest income over the remaining life of the security. The unrealized holding losses at the date of transfer remained in AOCI and will be amortized simultaneously against interest income. Those entries will offset or mitigate each other.

	The amortized cost, estimated fair value and gross unrealized gains and losses of the Company’s investment securities available for sale and held to maturity at December 31, 2014 and 2013 were as follows (in thousands):

			31-Dec-14														31-Dec-13
			Amortized Cost				Gross Unrealized Gains			Gross Unrealized Losses				Estimated Fair Value			Amortized Cost			Gross Unrealized Gains		Gross Unrealized Losses			Estimated Fair Value
	Available for sale:
	U.S. Government agency securities		$	42,474			$	-		$	(897	)		$	41,577		$	109,315		$	-	$	(9,220	)	$	100,095
	Obligations of states and political subdivisions			131,300				6,469			-				137,769			148,664			8,499		-			157,163
	Collateralized mortgage obligations			22,105				423			(531	)			21,997			30,335			557		(788	)		30,104
	Mortgage-backed securities			92,095				88			(1,264	)			90,919			103,332			19		(5,584	)		97,767
	Corporate bonds			6,336				90			(18	)			6,408			15,565			264		(178	)		15,651
	Total available for sale securities			294,310				7,070			(2,710	)			298,670			407,211			9,339		(15,770	)		400,780
	Held to maturity:
	U.S. Government agency securities			48,365				1,717			-				50,082			-			-		-			-
	Obligations of states and political subdivisions			13,905				809			-				14,714			11,666			655		(87	)		12,234
	Total held to maturity securities			62,270				2,526			-				64,796			11,666			655		(87	)		12,234
	Total investment securities		$	356,580			$	9,596		$	(2,710	)		$	363,466		$	418,877		$	9,994	$	(15,857	)	$	413,014

	The amortized cost, contractual maturities and estimated fair value of the Company’s investment securities at December 31, 2014 (in thousands) are presented in the table below. Collateralized mortgage obligations (“CMOs”) and mortgage-backed securities (“MBS”) assume maturity dates pursuant to average lives.


			31-Dec-14
			Amortized				Estimated
			Cost				Fair Value
	Securities available for sale:
	Due in one year or less		$	14,746			$	14,976
	Due from one to five years			151,319				155,608
	Due from five to ten years			128,245				128,086
	Total securities available for sale			294,310				298,670
	Securities held to maturity:
	Due in one year or less			1,667				1,696
	Due from one to five years			5,473				5,910
	Due from five to ten years			32,030				32,714
	Due after ten years			23,100				24,476
	Total securities held to maturity			62,270				64,796
	Total investment securities		$	356,580			$	363,466

	As a member of the Federal Reserve Bank (‘FRB”) and the Federal Home Loan Bank (“FHLB”), the Bank owns FRB and FHLB stock with a book value of $1.4 million and $7.2 million, respectively, at December 31, 2014. At December 31, 2013, the Bank owned FRB and FHLB stock with a book value of $1.4 million and $1.5 million, respectively. There is no public market for these shares. The last dividends paid were 6.00% on FRB stock in December 2014 and 4.05% on FHLB stock in November 2014.

	At December 31, 2014 and 2013, investment securities carried at $245 million and $292 million, respectively, were pledged for trust deposits, public funds on deposit and as collateral for the derivative swap contracts.

	The proceeds from sales of securities available for sale and the associated realized gains and losses are shown below for the years indicated (in thousands). Realized gains are also inclusive of gains on called securities.

			2014				2013			2012

	Proceeds		$	20,604			$	13,427		$	7,457

	Gross realized gains		$	271			$	403		$	-
	Gross realized losses			(252	)			-			(217	)
	Net realized gains (losses)		$	19			$	403		$	(217	)

	Information pertaining to securities with unrealized losses at December 31, 2014 and 2013, aggregated by investment category and length of time that individual securities have been in a continuous loss position, follows (in thousands):

			Less than 12 months							12 months or longer							Total
	31-Dec-14		Estimated				Unrealized			Estimated				Unrealized			Estimated			Unrealized
	31-Dec-14		Fair value				Losses			Fair value				Losses			Fair value			Losses
	U.S. Government agency securities		$	-			$	-		$	41,577			$	897		$	41,577		$	897
	Collateralized mortgage obligations			-				-			8,417				531			8,417			531
	Mortgage-backed securities			-				-			81,510				1,264			81,510			1,264
Corporate bonds			-				-			2,982				18			2,982			18
Total		$	-			$	-		$	134,486			$	2,710		$	134,486		$	2,710



		Less than 12 months							12 months or longer							Total
31-Dec-13		Estimated				Unrealized			Estimated				Unrealized			Estimated			Unrealized
31-Dec-13		Fair value				Losses			Fair value				Losses			Fair value			Losses
U.S. Government agency securities		$	86,590			$	7,726		$	13,505			$	1,494		$	100,095		$	9,220
Obligations of states and political subdivisions			3,932				87			-				-			3,932			87
Collateralized mortgage obligations			2,935				160			5,713				628			8,648			788
Mortgage-backed securities			84,869				4,850			12,637				734			97,506			5,584
Corporate bonds			8,681				178			-				-			8,681			178
Total		$	187,007			$	13,001		$	31,855			$	2,856		$	218,862		$	15,857

The corporate bonds at unrealized losses for twelve months or longer at December 31, 2014 in the table above carry investment grade ratings by all major credit rating agencies including both Moody’s and Standard & Poor’s. The unrealized losses on these bonds were a result of the current interest rate environment and the corresponding shape of the yield curve. The losses were not related to a deterioration of the quality of the issuer or any company-specific adverse events. All other securities at unrealized losses for twelve months or longer at December 31, 2014 are issued or guaranteed by U.S. Government agencies or sponsored enterprises and the related unrealized losses resulted solely from the current interest rate environment and the corresponding shape of the yield curve. The Company does not intend to sell and it is not more likely than not that the Company will be required to sell these securities prior to their recovery to a level equal to or greater than amortized cost. As such, the Company does not consider these securities to be OTTI at December 31, 2014.

The Bank was a member of the Visa USA payment network and was issued Class B shares upon Visa’s initial public offering in March 2008. The Visa Class B shares are transferable only under limited circumstances until they can be converted into shares of the publicly traded class of stock. This conversion cannot happen until the settlement of certain litigation, which is indemnified by Visa members. Since its initial public offering, Visa has funded a litigation reserve based upon a change in the conversion ratio of Visa Class B shares into Visa Class A shares. At its discretion, Visa may continue to increase the conversion rate in connection with any settlements in excess of amounts then in escrow for that purpose and reduce the conversion rate to the extent that it adds any funds to the escrow in the future. Based on the existing transfer restriction and the uncertainty of the litigation, the Company has recorded its Visa Class B shares on its balance sheet at zero value.

During the third and fourth quarters of 2013, the Bank sold 100,000 Visa Class B shares to another Visa USA member financial institution at a gross pre-tax gain of approximately $7.8 million which was recorded in non-interest income in the Company’s statement of operations. In conjunction with the sale, the Company entered into derivative swap contracts with the purchaser of these Visa Class B shares which provide for settlements between the purchaser and the Company based upon a change in the conversion ratio of Visa Class B shares into Visa Class A shares. As such, as of December 31, 2013, the Company recorded a liability of $932 thousand, representing the fair value of this derivative.

In October 2014, the Bank received notification of a change in the conversion ratio of Visa Class B shares into Visa Class A shares. As a result of this change, in the fourth quarter of 2014 the Bank was required to make a payment of $180 thousand to the purchaser of the Visa Class B shares it sold in 2013. This payment reduced the Company’s previously recorded $932 thousand estimate of the derivative liability to $752 thousand at December 31, 2014.

The present value of estimated future fees to be paid to the derivative counterparty, or carrying costs, calculated by reference to the market price of the Visa Class A shares at a fixed rate of interest are expensed as incurred. For the years ended December 31, 2014 and 2013, $239 thousand and $57 thousand, respectively, in such carrying costs was expensed. The Company has pledged U.S. Government agency securities held in its available for sale portfolio, with a market value of approximately $3 million at December 31, 2014, as collateral for the derivative swap contracts.

Subjectivity has been used in estimating the fair value of both the derivative liability and the associated fees, but management believes that these fair value estimates are adequate based on available information. However, future developments in the litigation could require potentially significant changes to these estimates.

At December 31, 2014, the Company still owned 38,638 Visa Class B shares subsequent to the sales described here. Upon termination of the existing transfer restriction and settlement of the litigation, and to the extent that the Company continues to own such Visa Class B shares in the future, the Company expects to record its Visa Class B shares at fair value.

LOANS

LOANS	12 Months Ended
LOANS	Dec. 31, 2014
LOANS [Abstract]
LOANS	4. LOANS

	At December 31, 2014 and 2013, net loans disaggregated by class consisted of the following (in thousands):

			31-Dec-14				31-Dec-13
	Commercial and industrial		$	177,813			$	171,199
	Commercial real estate			560,524				464,560
	Multifamily			309,666				184,624
	Mixed use commercial			34,806				4,797
	Real estate construction			26,206				6,565
	Residential mortgages			187,828				169,552
	Home equity			50,982				57,112
	Consumer			7,602				10,439
	Gross loans			1,355,427				1,068,848
	Allowance for loan losses			(19,200	)			(17,263	)
	Net loans at end of period		$	1,336,227			$	1,051,585

	The Bank’s real estate loans and loan commitments are primarily for properties located throughout Long Island, New York and the adjacent market of New York City. Repayment of these loans is dependent in part upon the overall economic health of the Company’s market area and current real estate values. The Bank considers the credit circumstances, the nature of the project and loan to value ratios for all real estate loans.

	The Bank makes loans to its directors and executive officers, and other related parties, in the ordinary course of its business. Loans made to directors and executive officers, either directly or indirectly, totaled $11 million and $12 million at December 31, 2014 and 2013, respectively. New loans totaling $58 million and $52 million were extended and payments of $59 million and $53 million were received during 2014 and 2013, respectively, on these loans.

	The allowance for loan losses is a valuation allowance for probable incurred credit losses. Loan losses are charged against the allowance when management believes a loan, in full or in part, is uncollectible. 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 resulting in a concession, and for which the borrower is experiencing financial difficulties, are considered TDRs and classified as impaired. Generally, TDRs are initially classified as non-accrual until sufficient time has passed to assess whether the restructured loan will continue to perform. Generally, the Company returns a TDR to accrual status upon six months of performance under the new terms.

	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.

	All non-accrual loans over $250 thousand in the commercial and industrial, commercial real estate and real estate construction loan classes and all TDRs are evaluated individually for impairment. All other loans are generally evaluated as homogeneous pools with similar risk characteristics. If a loan is impaired, a specific reserve may be recorded so that the loan is reported, net, at the present value of estimated future cash flows including balloon payments, if any, using the loan’s existing rate or at the fair value of collateral if repayment is expected solely from the collateral. Large groups of homogeneous loans with smaller individual balances, such as consumer and residential real estate loans, are generally evaluated collectively for impairment, and accordingly, are not separately identified for impairment disclosures. 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 collateral-dependent, the loan is reported at the fair value of the collateral net of estimated costs to sell. For TDRs that subsequently default, the Company determines the allowance amount in accordance with its accounting policy for the allowance for loan losses.

	The general component of the allowance covers non-impaired loans and is based on historical loss experience, adjusted for qualitative factors. The historical loss experience is determined by loan class, and is based on the actual loss history experienced by the Company over a rolling twelve quarter period. This actual loss experience is supplemented with other qualitative factors based on the risks present for each loan class. These qualitative factors include consideration of the following: levels of and trends in delinquencies and impaired loans; levels of and trends in charge-offs and recoveries; trends in volume and terms of loans; effects of any changes in risk selection and underwriting standards; other changes in lending policies, procedures and practices; experience, ability, and depth of lending management and other relevant staff; local, regional and national economic trends and conditions; industry conditions; and effects of changes in credit concentrations. The following loan classes have been identified: commercial and industrial, commercial real estate, multifamily, mixed use commercial, real estate construction, residential mortgages, home equity and consumer loans.

	The qualitative factors utilized by the Company in computing its allowance for loan losses are determined based on the various risk characteristics of each loan class. Relevant risk characteristics are as follows:

	Commercial and industrial loans – Loans in this class are made to businesses. Generally these loans are secured by assets of the business and repayment is expected from the cash flows of the business. A weakened economy and resultant decreased consumer and/or business spending will have an effect on the credit quality in this loan class.

	Commercial real estate loans – Loans in this class include income‑producing investment properties and owner-occupied real estate used for business purposes. The underlying properties are generally located largely in the Company’s primary market area. The cash flows of the income producing investment properties are adversely impacted by a downturn in the economy as evidenced by increased vacancy rates, which in turn, will have an effect on credit quality. Generally, management seeks to obtain annual financial information for borrowers with loans in excess of $250 thousand in this category. In the case of owner-occupied real estate used for business purposes, a weakened economy and resultant decreased consumer and/or business spending will have an adverse effect on credit quality.

	Multifamily loans – Loans in this class are primarily concentrated in the five boroughs of New York City and target buildings with stabilized rent flows. It has been well-established that the incidence of loss in multifamily loan transactions is lower than almost all other loan categories as their performance over time has shown limited defaults. The property value for these buildings is directly attributable to the cash flow from rents and the rate of return investors need on their invested capital. Rental rates are a function of demand for apartments and the vacancy rates in New York City have been at historical lows.

	Mixed use commercial loans – Areas of concentration for loans in this class include the five boroughs of New York City, Nassau County and, to a lesser extent, Suffolk County. As with multifamily loans, there is an extremely low incidence of loan loss in the event of default. Loan to value ratios utilized during the underwriting process offer protection for the lender. In addition, buildings rarely experience significant depreciation in market value as property valuations are derived from capitalization rates based on required investment returns and cash flow.

	Real estate construction loans – Loans in this class primarily include land loans to local individuals, contractors and developers for developing the land for sale or for the purpose of making improvements thereon. Repayment is derived from sale of the lots/ units including any pre-sold units. Credit risk is affected by market conditions, time to sell at an adequate price and cost overruns. To a lesser extent this class includes commercial development projects the Company finances, which in most cases require interest only during construction, and then convert to permanent financing. Credit risk is affected by construction delays, cost overruns, market conditions and the availability of permanent financing, to the extent such permanent financing is not being provided by the Bank.

	Residential mortgages and home equity loans – Loans in these classes are made to and secured by owner-occupied residential real estate and repayment is dependent on the credit quality of the individual borrower. The overall health of the economy, including unemployment rates and housing prices, will have an effect on the credit quality in this loan class. The Bank generally does not originate loans with a loan-to-value ratio greater than 80% and does not grant sub-prime loans.

	Consumer loans – Loans in this class may be either secured or unsecured and repayment is dependent on the credit quality of the individual borrower and, if applicable, sale of the collateral securing the loan (such as automobiles and manufactured homes). Therefore, the overall health of the economy, including unemployment rates and housing prices, will have a significant effect on the credit quality in this loan class.

	At December 31, 2014 and 2013, the ending balance in the allowance for loan losses disaggregated by class and impairment methodology is as follows (in thousands). Also in the tables below are total loans at December 31, 2014 and 2013 disaggregated by class and impairment methodology (in thousands).

			Allowance for Loan Losses											Loan Balances
	31-Dec-14		Individually				Collectively				Ending balance			Individually			Collectively			Ending balance
			evaluated for				evaluated for							evaluated for			evaluated for
			impairment				impairment							impairment			impairment
	Commercial and industrial		$	16			$	1,544			$	1,560		$	4,889		$	172,924		$	177,813
	Commercial real estate			-				6,777				6,777			10,214			550,310			560,524
	Multifamily			-				4,018				4,018			-			309,666			309,666
	Mixed use commercial			-				261				261			-			34,806			34,806
	Real estate construction			-				383				383			-			26,206			26,206
	Residential mortgages			809				2,218				3,027			5,422			182,406			187,828
	Home equity			92				617				709			1,567			49,415			50,982
	Consumer			88				78				166			323			7,279			7,602
	Unallocated			-				2,299				2,299			-			-			-
	Total		$	1,005			$	18,195			$	19,200		$	22,415		$	1,333,012		$	1,355,427

		Allowance for Loan Losses											Loan Balances
31-Dec-13		Individually				Collectively				Ending balance			Individually			Collectively			Ending balance
		evaluated for				evaluated for							evaluated for			evaluated for
		impairment				impairment							impairment			impairment
Commercial and industrial		$	41			$	2,574			$	2,615		$	7,754		$	163,445		$	171,199
Commercial real estate			-				6,572				6,572			11,821			452,739			464,560
Multifamily			-				2,159				2,159			-			184,624			184,624
Mixed use commercial			-				54				54			-			4,797			4,797
Real estate construction			-				88				88			-			6,565			6,565
Residential mortgages			709				1,754				2,463			5,049			164,503			169,552
Home equity			93				652				745			1,082			56,030			57,112
Consumer			102				139				241			284			10,155			10,439
Unallocated			-				2,326				2,326			-			-			-
Total		$	945			$	16,318			$	17,263		$	25,990		$	1,042,858		$	1,068,848

At December 31, 2014 and 2013, past due loans disaggregated by class were as follows (in thousands).

		Past Due
31-Dec-14		30 - 59 days				60 - 89 days				90 days and over			Total			Current			Total
Commercial and industrial		$	52			$	241			$	4,060		$	4,353		$	173,460		$	177,813
Commercial real estate			-				-				6,556			6,556			553,968			560,524
Multifamily			-				-				-			-			309,666			309,666
Mixed use commercial			-				-				-			-			34,806			34,806
Real estate construction			-				-				-			-			26,206			26,206
Residential mortgages			822				-				2,020			2,842			184,986			187,828
Home equity			-				112				303			415			50,567			50,982
Consumer			59				77				42			178			7,424			7,602
Total		$	933			$	430			$	12,981		$	14,344		$	1,341,083		$	1,355,427
% of Total Loans			0.1	%			0	%			1	%		1.1	%		98.9	%		100	%



		Past Due
31-Dec-13		30 - 59 days				60 - 89 days				90 days and over			Total			Current			Total
Commercial and industrial		$	13			$	-			$	5,014		$	5,027		$	166,172		$	171,199
Commercial real estate			631				-				7,492			8,123			456,437			464,560
Multifamily			-				-				-			-			184,624			184,624
Mixed use commercial			-				-				-			-			4,797			4,797
Real estate construction			-				-				-			-			6,565			6,565
Residential mortgages			1,535				339				1,897			3,771			165,781			169,552
Home equity			795				100				647			1,542			55,570			57,112
Consumer			75				-				133			208			10,231			10,439
Total		$	3,049			$	439			$	15,183		$	18,671		$	1,050,177		$	1,068,848
% of Total Loans			0.3	%			0	%			1.4	%		1.7	%		98.3	%		100	%

The following table presents the Company’s impaired loans disaggregated by class for the years ended December 31, 2014 and 2013 (in thousands).

		31-Dec-14											31-Dec-13
		Unpaid				Recorded				Allowance			Unpaid			Recorded			Allowance
		Principal				Balance				Allocated			Principal			Balance			Allocated
		Balance											Balance
With no allowance recorded:
Commercial and industrial		$	4,833			$	4,833			$	-		$	6,711		$	6,711		$	-
Commercial real estate			10,632				10,214				-			12,239			11,821			-
Residential mortgages			1,645				1,516				-			2,305			2,176			-
Home equity			1,377				1,377				-			891			891			-
Consumer			137				137				-			25			9			-
Subtotal			18,624				18,077				-			22,171			21,608			-

With an allowance recorded:
Commercial and industrial			57				56				16			1,043			1,043			41
Residential mortgages			3,906				3,906				809			2,873			2,873			709
Home equity			326				190				92			328			191			93
Consumer			185				186				88			274			275			102
Subtotal			4,474				4,338				1,005			4,518			4,382			945
Total		$	23,098			$	22,415			$	1,005		$	26,689		$	25,990		$	945

The following table presents the Company’s average recorded investment in impaired loans and the related interest income recognized disaggregated by class for the years ended December 31, 2014, 2013 and 2012 (in thousands). No interest income was recognized on a cash basis on impaired loans for any of the periods presented. The interest income recognized on accruing impaired loans is shown in the following table.

		Years Ended December 31,
		2014								2013						2012
		Average recorded investment in				Interest income recognized on				Average recorded investment in			Interest income recognized on			Average recorded investment in			Interest income recognized on
		impaired loans				impaired loans				impaired loans			impaired loans			impaired loans			impaired loans
Commercial and industrial		$	6,961			$	730			$	12,065		$	800		$	23,215		$	447
Commercial real estate			10,823				251				11,556			1,041			38,477			501
Real estate construction			-				-				488			114			13,681			410
Residential mortgages			5,094				207				4,970			102			9,538			127
Home equity			804				83				814			15			2,607			13
Consumer			248				18				235			22			429			-
Total		$	23,930			$	1,289			$	30,128		$	2,094		$	87,947		$	1,498


The following table presents a summary of non-performing assets for each period (in thousands):

		31-Dec-14				31-Dec-13
Non-accrual loans		$	12,981			$	15,183
Non-accrual loans held for sale			-				-
Loans 90 days past due and still accruing			-				-
OREO			-				-
Total non-performing assets		$	12,981			$	15,183
TDRs accruing interest		$	9,380			$	10,647
TDRs non-accruing		$	10,293			$	5,438

At December 31, 2014 and 2013, non-accrual loans disaggregated by class were as follows (dollars in thousands):

		31-Dec-14														31-Dec-13
		Non-accrual loans				% of				Total Loans			% of Total Loans			Non-accrual loans			% of			Total Loans			% of Total Loans
		Non-accrual loans				Total				Total Loans			% of Total Loans			Non-accrual loans			Total			Total Loans			% of Total Loans
Commercial and industrial		$	4,060				31.3	%		$	177,813			0.3	%	$	5,014			33	%	$	171,199			0.4	%
Commercial real estate			6,556				50.5				560,524			0.5			7,492			49.3			464,560			0.7
Multifamily			-				-				309,666			-			-			-			184,624			-
Mixed use commercial			-				-				34,806			-			-			-			4,797			-
Real estate construction			-				-				26,206			-			-			-			6,565			-
Residential mortgages			2,020				15.6				187,828			0.1			1,897			12.5			169,552			0.2
Home equity			303				2.3				50,982			0.1			647			4.3			57,112			0.1
Consumer			42				0.3				7,602			-			133			0.9			10,439			-
Total		$	12,981				100	%		$	1,355,427			1	%	$	15,183			100	%	$	1,068,848			1.4	%

Additional interest income of approximately $953 thousand, $521 thousand and $854 thousand would have been recorded during the years ended December 31, 2014, 2013 and 2012, respectively, if non-accrual loans had performed in accordance with their original terms.

The following summarizes the activity in the allowance for loan losses disaggregated by class for the periods indicated (in thousands):

		Year ended December 31, 2014																	Year ended December 31, 2013
		Balance at beginning of period				Charge-offs				Recoveries			(Credit) provision for loan losses			Balance at end of period			Balance at beginning of period			Charge-offs			Recoveries			(Credit) provision for loan losses			Balance at end of period
Commercial and industrial		$	2,615			$	(420	)		$	797		$	(1,432	)	$	1,560		$	6,181		$	(2,867	)	$	2,077		$	(2,776	)	$	2,615
Commercial real estate			6,572				-				519			(314	)		6,777			5,965			(383	)		97			893			6,572
Multifamily			2,159				-				-			1,859			4,018			150			-			-			2,009			2,159
Mixed use commercial			54				-				-			207			261			34			-			-			20			54
Real estate construction			88				-				-			295			383			141			-			-			(53	)		88
Residential mortgages			2,463				(32	)			16			580			3,027			1,576			(126	)		5			1,008			2,463
Home equity			745				-				50			(86	)		709			907			(558	)		32			364			745
Consumer			241				(40	)			47			(82	)		166			189			(166	)		121			97			241
Unallocated			2,326				-				-			(27	)		2,299			2,638			-			-			(312	)		2,326
Total		$	17,263			$	(492	)		$	1,429		$	1,000		$	19,200		$	17,781		$	(4,100	)	$	2,332		$	1,250		$	17,263



		Year ended December 31, 2012
		Balance at beginning of				Charge-offs				Recoveries			(Credit)			Balance at
		period											provision			end of
													for loan			period
													losses
Commercial and industrial		$	25,047			$	(8,534	)		$	2,456		$	(12,788	)	$	6,181
Commercial real estate			10,470				(15,794	)			-			11,289			5,965
Multifamily			559				-				-			(409	)		150
Mixed use commercial			-				-				-			34			34
Real estate construction			623				(3,671	)			340			2,849			141
Residential mortgages			2,401				(3,727	)			115			2,787			1,576
Home equity			512				(1,953	)			246			2,102			907
Consumer			313				(267	)			112			31			189
Unallocated			33				-				-			2,605			2,638
Total		$	39,958			$	(33,946	)		$	3,269		$	8,500		$	17,781

The Bank utilizes an eight-grade risk-rating system for commercial and industrial loans, commercial real estate and construction loans. Loans in risk grades 1- 4 are considered pass loans. The Bank’s risk grades are as follows:

Risk Grade 1, Excellent - Loans secured by liquid collateral such as certificates of deposit, reputable bank letters of credit, or other cash equivalents; loans that are guaranteed or otherwise backed by the full faith and credit of the United States government or an agency thereof, such as the Small Business Administration; or loans to any publicly held company with a current long-term debt rating of A or better.

Risk Grade 2, Good - Loans to businesses that have strong financial statements containing an unqualified opinion from a CPA firm and at least three consecutive years of profits; loans supported by un-audited financial statements containing strong balance sheets, five consecutive years of profits, a five-year satisfactory relationship with the Bank, and key balance sheet and income statement trends that are either stable or positive; loans secured by publicly traded marketable securities where there is no impediment to liquidation; loans to individuals backed by liquid personal assets, established credit history, and unquestionable character; or loans to publicly held companies with current long-term debt ratings of Baa or better.

Risk Grade 3, Satisfactory - Loans supported by financial statements (audited or un-audited) that indicate average or slightly below average risk and having some deficiency or vulnerability to changing economic conditions; loans with some weakness but offsetting features of other support are readily available; loans that are meeting the terms of repayment, but which may be susceptible to deterioration if adverse factors are encountered. Loans may be graded Satisfactory when there is no recent information on which to base a current risk evaluation and the following conditions apply:

	·	At inception, the loan was properly underwritten, did not possess an unwarranted level of credit risk, and the loan met the above criteria for a risk grade of Excellent, Good, or Satisfactory.

	·	At inception, the loan was secured with collateral possessing a loan value adequate to protect the Bank from loss.

	·	The loan has exhibited two or more years of satisfactory repayment with a reasonable reduction of the principal balance.

	·	During the period that the loan has been outstanding, there has been no evidence of any credit weakness. Some examples of weakness include slow payment, lack of cooperation by the borrower, breach of loan covenants or the borrower is in an industry known to be experiencing problems. If any of these credit weaknesses is observed, a lower risk grade may be warranted.

Risk Grade 4, Satisfactory/Monitored - Loans in this category are considered to be of acceptable credit quality, but contain greater credit risk than satisfactory loans due to weak balance sheets, marginal earnings or cash flow, or other uncertainties. These loans warrant a higher than average level of monitoring to ensure that weaknesses do not advance. The level of risk in a Satisfactory/Monitored loan is within acceptable underwriting guidelines so long as the loan is given the proper level of management supervision.

Risk Grade 5, Special Mention - Loans in this category possess potential weaknesses that deserve management’s close attention. If left uncorrected, these potential weaknesses may result in deterioration of the repayment prospects for the loan or in the institution’s credit position at some future date. Special Mention loans are not adversely classified and do not expose an institution to sufficient risk to warrant adverse classification. The key distinctions of a Special Mention classification are that (1) it is indicative of an unwarranted level of risk and (2) weaknesses are considered potential not defined impairments to the primary source of repayment.

Risk Grade 6, Substandard - One or more of the following characteristics may be exhibited in loans classified Substandard:

	·	Loans which possess a defined credit weakness. The likelihood that a loan will be paid from the primary source of repayment is uncertain. Financial deterioration is under way and very close attention is warranted to ensure that the loan is collected without loss.

	·	Loans are inadequately protected by the current net worth and paying capacity of the obligor.

	·	The primary source of repayment is gone, and the Bank is forced to rely on a secondary source of repayment, such as collateral liquidation or guarantees.

	·	Loans have a distinct possibility that the Bank will sustain some loss if deficiencies are not corrected.

	·	Unusual courses of action are needed to maintain a high probability of repayment.

	·	The borrower is not generating enough cash flow to repay loan principal; however, it continues to make interest payments.

	·	The lender is forced into a subordinated or unsecured position due to flaws in documentation.

	·	Loans have been restructured so that payment schedules, terms, and collateral represent concessions to the borrower when compared to the normal loan terms.

	·	The lender is seriously contemplating foreclosure or legal action due to the apparent deterioration in the loan.

	·	There is a significant deterioration in market conditions to which the borrower is highly vulnerable.

Risk Grade 7, Doubtful - One or more of the following characteristics may be present in loans classified Doubtful:

	·	Loans have all of the weaknesses of those classified as Substandard. However, based on existing conditions, these weaknesses make full collection of principal highly improbable.

	·	The primary source of repayment is gone, and there is considerable doubt as to the quality of the secondary source of repayment.

	·	The possibility of loss is high but because of certain important pending factors which may strengthen the loan, loss classification is deferred until the exact status of repayment is known.

Risk Grade 8, Loss - Loans are considered uncollectible and of such little value that continuing to carry them as assets is not feasible. Loans will be classified Loss when it is neither practical nor desirable to defer writing off or reserving all or a portion of a basically worthless asset, even though partial recovery may be possible at some time in the future.

The Bank annually reviews the ratings on all loans greater than $500 thousand. Semi-annually, the Bank engages an independent third-party to review a significant portion of loans within the commercial and industrial, commercial real estate and real estate construction loan classes. Management uses the results of these reviews as part of its ongoing review process.

The following presents the Company’s loan portfolio credit risk profile by internally assigned grade disaggregated by class of loan at December 31, 2014 and 2013 (in thousands).

		31-Dec-14														31-Dec-13
		Grade														Grade
		Pass				Special mention				Substandard			Total			Pass			Special mention			Substandard			Total
Commercial and industrial		$	167,922			$	1,225			$	8,666		$	177,813		$	158,536		$	2,934		$	9,729		$	171,199
Commercial real estate			536,536				9,182				14,806			560,524			440,505			2,817			21,238			464,560
Multifamily			309,666				-				-			309,666			184,624			-			-			184,624
Mixed use commercial			34,806				-				-			34,806			4,797			-			-			4,797
Real estate construction			26,206				-				-			26,206			6,565			-			-			6,565
Residential mortgages			183,263				-				4,565			187,828			164,559			-			4,993			169,552
Home equity			49,569				-				1,413			50,982			56,379			-			733			57,112
Consumer			7,279				-				323			7,602			10,156			-			283			10,439
Total		$	1,315,247			$	10,407			$	29,773		$	1,355,427		$	1,026,121		$	5,751		$	36,976		$	1,068,848
% of Total			97	%			0.8	%			2.2	%		100	%		96	%		0.5	%		3.5	%		100	%

TDRs are modifications or renewals where the Company has granted a concession to a borrower in financial distress. The Company reviews all modifications and renewals for determination of TDR status. The Company allocated $790 thousand and $586 thousand of specific reserves to customers whose loan terms have been modified as TDRs as of December 31, 2014 and 2013, respectively. These loans involved the restructuring of terms to allow customers to mitigate the risk of default by meeting a lower payment requirement based upon their current cash flow. These may also include loans that renewed at existing contractual rates, but below market rates for comparable credit.

A total of $100 thousand and $250 thousand were committed to be advanced in connection with TDRs as of December 31, 2014 and 2013, respectively, representing the amount the Company is legally required to advance under existing loan agreements. These loans are not in default under the terms of the loan agreements and are accruing interest. It is the Company’s policy to evaluate advances on such loans on a case by case basis. Absent a legal obligation to advance pursuant to the terms of the loan agreement, the Company generally will not advance funds for which it has outstanding commitments, but may do so in certain circumstances.

Outstanding TDRs, disaggregated by class, at December 31, 2014 and 2013 are as follows (dollars in thousands):

		31-Dec-14								31-Dec-13
TDRs Outstanding		Number of				Outstanding Recorded				Number of			Outstanding Recorded
TDRs Outstanding		Loans				Balance				Loans			Balance
Commercial and industrial			31			$	3,683				43		$	6,022
Commercial real estate			8				10,179				7			6,022
Residential mortgages			19				4,314				17			3,891
Home equity			5				1,216				-			-
Consumer			7				281				3			150
Total			70			$	19,673				70		$	16,085

The following presents, disaggregated by class, information regarding TDRs executed during the years ended December 31, 2014, 2013 and 2012 (dollars in thousands):

		Years Ended December 31,
		2014											2013
New TDRs		Number of				Pre-Modification Outstanding Recorded				Post-Modification Outstanding Recorded			Number of			Pre-Modification Outstanding Recorded			Post-Modification Outstanding Recorded
New TDRs		Loans				Balance				Balance			Loans			Balance			Balance
Commercial and industrial			10			$	1,877			$	1,877			8		$	2,484		$	2,484
Commercial real estate			2				5,161				5,161			3			3,025			3,025
Residential mortgages			4				581				581			4			924			924
Home equity			5				1,219				1,219			-			-			-
Consumer			4				145				145			1			17			17
Total			25			$	8,983			$	8,983			16		$	6,450		$	6,450



		Year Ended December 31,
		2012
New TDRs		Number of				Pre-Modification Outstanding Recorded				Post-Modification Outstanding Recorded
New TDRs		Loans				Balance				Balance
Commercial and industrial			17			$	6,674			$	6,674
Residential mortgages			6				1,617				1,617
Consumer			1				49				49
Total			24			$	8,340			$	8,340

Presented below and disaggregated by class is information regarding loans modified as TDRs that had payment defaults of 90 days or more within twelve months of restructuring during the years ended December 31, 2014, 2013 and 2012 (dollars in thousands):

		Years Ended December 31,
		2014								2013						2012
Defaulted TDRs		Number of Loans				Outstanding Recorded				Number of			Outstanding Recorded			Number of			Outstanding Recorded
Defaulted TDRs		Number of Loans				Balance				Loans			Balance			Loans			Balance
Commercial and industrial			-			$	-				-		$	-			2		$	1,125
Commercial real estate			2				1,529				1			390			-			-
Residential mortgages			-				-				1			310			2			807
Total			2			$	1,529				2		$	700			4		$	1,932

Not all loan modifications are TDRs. In some cases, the Company might provide a concession, such as a reduction in interest rate, but the borrower is not experiencing financial distress. This could be the case if the Company is matching a competitor’s interest rate.

PREMISES_AND_EQUIPMENT

PREMISES AND EQUIPMENT	12 Months Ended
PREMISES AND EQUIPMENT	Dec. 31, 2014
PREMISES AND EQUIPMENT [Abstract]
PREMISES AND EQUIPMENT	5. PREMISES AND EQUIPMENT

	At December 31, 2014 and 2013, premises and equipment consisted of the following (in thousands):

		Estimated	2014			2013
		Useful Lives	2014			2013
	Land	Indefinite	$	3,021		$	3,201
	Premises	30 - 40 years		33,219			27,570
	Furniture, fixtures & equipment	3 - 7 years		16,349			28,669
	Leasehold improvements	2 - 25 years		3,627			3,825
				56,216			63,265
	Accumulated depreciation and amortization			(32,575	)		(38,004	)
	Balance at end of year		$	23,641		$	25,261

	Premises and accumulated depreciation and amortization include amounts related to property under capital leases of approximately $4 million at December 31, 2014 and 2013.

	Depreciation and amortization charged to operations amounted to $2.4 million, $3.3 million and $2.6 million during 2014, 2013 and 2012, respectively. The 2013 total includes $507 thousand in accelerated depreciation related to two branches closed in 2013 and four branches closed in the first quarter of 2014. Depreciation and amortization charged to operations includes amounts related to property under capital leases of $243 thousand, $244 thousand and $244 thousand in 2014, 2013 and 2012, respectively.

DEPOSITS

DEPOSITS	12 Months Ended
DEPOSITS	Dec. 31, 2014
DEPOSITS [Abstract]
DEPOSITS	6. DEPOSITS

	Scheduled maturities of certificates of deposit are as follows (in thousands):

	Year During Which Time Deposit Matures	Time Deposits > $100,000		Other Time Deposits
	2015	$	146,327	$	42,501
	2016		8,782		7,870
	2017		2,901		4,089
	2018		1,512		2,038
	2019		1,327		1,412
	Total	$	160,849	$	57,910

	At December 31, 2014 and 2013, the Bank had $4 million and $5 million, respectively, in deposits gathered through the Certificate of Deposit Account Registry Service (“CDARS”) which are considered for regulatory purposes to be brokered deposits.

BORROWINGS

BORROWINGS	12 Months Ended
BORROWINGS	Dec. 31, 2014
BORROWINGS [Abstract]
BORROWINGS	7. BORROWINGS

	The following summarizes borrowed funds at December 31, 2014 and 2013 (dollars in thousands):

	31-Dec-14	Federal Home Loan Bank Borrowings			Federal Funds Purchased			Total
	Daily average outstanding	$	13,051		$	8		$	13,059
	Total interest cost		48			-			48
	Average interest rate paid		0.37	%		0.46	%		0.37	%
	Maximum amount outstanding at any month-end	$	130,000		$	-		$	130,000
	December 31 balance		130,000			-			130,000
	Weighted-average interest rate on balances outstanding		0.32	%		-	%		0.32	%

	31-Dec-13	Federal Home Loan Bank Borrowings			Federal Funds Purchased			Total
	Daily average outstanding	$	5		$	17		$	22
	Total interest cost		-			-			-
	Average interest rate paid		0.39	%		0.37	%		0.37	%
	Maximum amount outstanding at any month-end	$	-		$	-		$	-
	December 31 balance		-			-			-
	Weighted-average interest rate on balances outstanding		-	%		-	%		-	%

	Assets pledged as collateral to the FHLB at December 31, 2014 and 2013 totaled $505 million and $337 million, respectively, consisting of eligible loans and investment securities as determined under FHLB borrowing guidelines. The Company had $130 million in FHLB borrowings at December 31, 2014. No FHLB borrowings were outstanding at December 31, 2013

STOCKHOLDERS_EQUITY

STOCKHOLDERS' EQUITY	12 Months Ended
STOCKHOLDERS' EQUITY	Dec. 31, 2014
STOCKHOLDERS EQUITY [Abstract]
STOCKHOLDERS EQUITY	8. STOCKHOLDERS’ EQUITY

	The Company has a Dividend Reinvestment Plan to provide stockholders of record with a convenient method of investing cash dividends and optional cash payments in additional shares of the Company’s common stock without payment of any brokerage commission or service charges. At the Company’s discretion, such additional shares may be purchased directly from the Company using either originally issued shares or treasury shares at a 3% discount from market value, or the shares may be purchased in negotiated transactions or on any securities exchange where such shares may be traded at 100% of cost. There were 6,671 shares issued in 2014. No shares were issued in 2013 or 2012.

	Stock Options

	Under the terms of the Company’s stock option plans adopted in 1999 and 2009, options have been granted to key employees and directors to purchase shares of the Company’s stock. Options are awarded by the Compensation Committee of the Board of Directors. Both plans provide that the option price shall not be less than the fair value of the common stock on the date the option is granted. All options are exercisable for a period of ten years or less.

	No options were granted in 2014. Options granted in 2013 and 2012 are exercisable over a three-year period commencing one year from the date of grant at a rate of one-third per year. Options granted in 2011 are exercisable over a three-year period commencing three years from the date of grant at a rate of one-third per year.

	The total intrinsic value of options exercised in 2014 and 2013 was $145 thousand and $15 thousand, respectively. The total cash received from such option exercises was $246 thousand and $91 thousand, respectively, excluding the tax benefit realized. In exercising those options, 18,735 shares and 6,667 new shares, respectively, of the Company’s common stock were issued. No options were exercised in 2012.

	Both plans provide for but do not require the grant of stock appreciation rights (“SARs”) that the holder may exercise instead of the underlying option. At December 31, 2014, there were 6,000 SARs outstanding related to options granted before 2011. The SARs had no intrinsic value at December 31, 2014. When the SAR is exercised, the underlying option is canceled. The optionee receives shares of common stock or cash with a fair market value equal to the excess of the fair value of the shares subject to the option at the time of exercise (or the portion thereof so exercised) over the aggregate option price of the shares set forth in the option agreement. The exercise of SARs is treated as the exercise of the underlying option.

	A summary of stock option activity follows:

			Number of Shares				Weighted-Average Exercise Price
			Number of Shares				Per Share
	Outstanding, January 1, 2012			111,500			$	22.57
	Granted			130,000			$	13.15
	Exercised			-				-
	Forfeited or expired			(30,000	)		$	32.23
	Outstanding, December 31, 2012			211,500			$	15.41
	Granted			111,500			$	17.31
	Exercised			(6,667	)		$	13.44
	Forfeited or expired			(25,333	)		$	15.5
	Outstanding, December 31, 2013			291,000			$	16.18
	Granted			-				-
	Exercised			(18,735	)		$	13.18
	Forfeited or expired			(21,165	)		$	16.95
	Outstanding, December 31, 2014			251,100			$	16.33

	The following table presents the Black-Scholes parameters for stock options granted during the past three years:

			2014				2013				2012
	Risk-free interest rate			-	%			1.22	%			0.78	%
	Expected dividend yield			-				-				-
	Expected life in years			-				10				10
	Expected volatility			-	%			42.95	%			43.03	%
	Weighted average fair value		$	-			$	9.24			$	7.13


	The following summarizes shares subject to purchase from stock options outstanding and exercisable as of December 31, 2014:

					Outstanding									Exercisable
	Range of Exercise Prices				Shares			Weighted-Average		Weighted-Average Exercise Price				Shares		Weighted-Average	Weighted-Average Exercise Price
								Remaining								Remaining
								Contractual Life								Contractual Life
	$	10.00 - $14.00				120,000		7.1 years		$	11.97				63,336	7.2 years	$	12.28
	$	14.01 - $20.00				104,100		8.5 years		$	17.33				35,104	8.5 years	$	17.35
	$	20.01 - $30.00				5,000		4.1 years		$	28.3				5,000	4.1 years	$	28.3
	$	30.01 - $40.00				22,000		1.6 years		$	32.69				22,000	1.6 years	$	32.69
						251,100		7.2 years		$	16.33				125,440	6.4 years	$	17.92

	Restricted Stock Awards

	Under the Company’s Amended and Restated 2009 Stock Incentive Plan (the “2009 Plan”), the Company can award options, SARs and restricted stock. During 2014, the Company awarded 77,000 shares of restricted stock to certain directors and key employees. The restricted stock awards currently outstanding vest over a three-year period commencing one year from the date of grant at a rate of one-third per year. A summary of restricted stock activity follows:

			Number				Weighted-Average
			of Shares				Grant-Date
							Fair Value
	Nonvested, January 1, 2014			-				-
	Granted			77,000			$	22.51
	Vested			-				-
Forfeited or expired			(4,650	)		$	22.51
Nonvested, December 31, 2014			72,350			$	22.51

The Company recognizes compensation expense for the fair value of stock options and restricted stock on a straight line basis over the requisite service period of the grants. Compensation expense related to stock-based compensation amounted to $811 thousand, $579 thousand and $458 thousand for the years ended December 31, 2014, 2013 and 2012, respectively. The remaining unrecognized compensation cost of approximately $298 thousand and $1.2 million at December 31, 2014 related to stock options and restricted stock, respectively, will be expensed over the remaining weighted average vesting period of approximately 1.6 years and 2.4 years, respectively.

Under the 2009 Plan, a total of 500,000 shares of the Company’s common stock were reserved for issuance, of which 208,148 shares remain for possible issuance at December 31, 2014. There are no remaining shares reserved for issuance under the 1999 Stock Option Plan.

INCOME_TAXES

INCOME TAXES	12 Months Ended
INCOME TAXES	Dec. 31, 2014
INCOME TAXES [Abstract]
INCOME TAXES	9. INCOME TAXES

	The following table presents the expense (benefit) for income taxes in the consolidated statements of operations which is comprised of the following (in thousands):

				2014				2013				2012
	Current:	Federal		$	5,208			$	135			$	(4,126	)
		State			223				510				280
					5,431				645				(3,846	)
	Deferred:	Federal			(885	)			3,046				1,412
		State			(747	)			31				1,162
					(1,632	)			3,077				2,574
	Valuation allowance				(79	)			-				558
	Total			$	3,720			$	3,722			$	(714	)


	The total tax expense (benefit) was different from the amounts computed by applying the federal income tax rate because of the following:

			2014				2013				2012
	Federal income tax expense (benefit) at statutory rates			35	%			34	%			(34	)%
	Surtax exemption			(1	)			-				-
	Tax-exempt income			(14	)			(14	)			(82	)
	State income taxes, net of federal benefit			1				2				26
	Deferred tax asset adjustment			(2	)			-				62
	Other			1				1				(1	)
	Total			20	%			23	%			(29	)%

	The effects of temporary differences between tax and financial accounting that create significant deferred tax assets and liabilities and the recognition of income and expense for purposes of tax and financial reporting are presented below (in thousands):

			2014				2013				2012
	Deferred tax assets:
	Allowance for loan losses		$	7,576			$	6,269			$	6,458
	Post-retirement benefits			-				-				571
	Deferred compensation			1,652				1,588				1,642
	Stock-based compensation			459				668				458
	Unrealized losses on securities available for sale			-				2,336				-
	Realized losses on securities reclassed from available for sale to held to maturity			1,180				-				-
	Unfunded pension obligation			2,496				94				2,826
	Alternative Minimum Tax credit			3,925				668				537
	Net operating loss carryforward			1,169				2,864				5,277
	Other			992				961				1,300
	Total deferred tax assets			19,449				15,448				19,069
	Deferred tax liabilities:
	Unrealized gains on securities available for sale			(1,724	)			-				(6,019	)
	Other			(842	)			(961	)			(1,107	)
	Total deferred tax liabilities			(2,566	)			(961	)			(7,126	)
	Valuation allowance			(1,169	)			(534	)			(558	)
	Net deferred tax asset		$	15,714			$	13,953			$	11,385

	The deferred tax assets and liabilities are netted and presented in a single amount which is included in deferred taxes in the accompanying consolidated statements of condition. The realization of deferred tax assets (“DTAs”) (net of a recorded valuation allowance) is largely dependent upon future taxable income, future reversals of existing taxable temporary differences and the ability to carry back losses to available tax years. In assessing the need for a valuation allowance, the Company considers positive and negative evidence, including taxable income in carryback years, scheduled reversals of deferred tax liabilities, expected future taxable income and tax planning strategies. At December 31, 2014, the Company had no remaining Federal net operating loss carryforwards and had net operating loss carryforwards of approximately $26.2 million for New York State (“NYS”) income tax purposes, which may be applied against future taxable income. The Company has a full valuation allowance of $1.2 million, tax effected, on the NYS net operating loss carryforward due to the Company’s significant tax-exempt investment income. The valuation allowance may be reversed to income in future periods to the extent that the related DTAs are realized or when the Company returns to consistent, taxable earnings in NYS. The NYS unused net operating loss carryforwards are expected to expire in varying amounts through the year 2032.

	On March 31, 2014, the Governor of NYS signed legislation to implement the NYS fiscal plan for 2014 – 2015. This legislation encompasses significant changes to New York’s bank tax regime, most notably by merging the bank tax into the general corporate tax law. In addition, the new budget law simplifies the code by setting forth a single apportionment factor. The corporate tax rate will be lowered from 7.1% to 6.5% in 2016. Furthermore, for community banks (all banks and thrifts with $8 billion or less in assets) there is a subtraction modification for a portion of interest earned on all residential and small business loans with a principal amount of up to $5 million made to New York borrowers. All banks in this category that have a REIT on April 1, 2014, and in the applicable tax year would instead get a deduction based on their REIT's dividends paid deduction. The Company had a qualifying REIT on April 1, 2014 and has less than $8 billion in assets. If a change in a tax law or rate occurs, any existing deferred tax liability or asset must be adjusted. The effect is reflected in operations in the period of the enactment of the change in the tax law or rate. As such, the Company made an adjustment to increase its DTAs resulting in a net income tax benefit of $818 thousand in 2014.

	For regular Federal income tax purposes, a system of graduated marginal tax rates is applied to all taxable income, including capital gains. The rate is 34% of taxable income up to $10 million and 35% for amounts exceeding $10 million and less than $15 million. Because the Company’s full year taxable income exceeded $10 million, the DTA was adjusted in the fourth quarter of 2014 based on the federal tax rates expected to be in effect during the periods in which the temporary differences reverse. The increase in the effective rate equates to a $172 thousand income tax benefit to increase the deferred tax asset from the change in the Federal statutory rate of 34% to 35%.

	Offsetting the net income tax benefits was a $454 thousand income tax expense related to an adjustment of the Company’s stock based compensation included in the DTA, primarily for stock options that had expired or been forfeited by former employees. The adjustment relates primarily to prior periods, but management has determined that it is not material, and as such, included it in the 2014 first quarter’s results.

	Excluding the cumulative net tax benefit of $536 thousand arising from these transactions, the Company’s full year 2014 effective tax rate would have been 22.4% as compared to 22.6% for the full year 2013.

	The Company had unrecognized tax benefits of approximately $34 thousand at December 31, 2014, 2013 and 2012. Changes in unrecognized tax benefits consist of the following (in thousands):

			2014				2013				2012
	Balance January 1		$	34			$	34			$	38
	Additions from current year tax positions			-				-				1
	Reductions for prior year tax positions			-				-				(5	)
Balance December 31		$	34			$	34			$	34

The Company recognizes interest and penalties accrued relating to unrecognized tax benefits in income tax expense. There is no accrued interest relating to uncertain tax positions as of December 31, 2014. The Company files income tax returns in the U.S. federal jurisdiction and in New York State. Federal returns are subject to audits by tax authorities. The Company’s Federal tax returns were audited for the tax years 2010 through 2012. There was no change in income taxes as a result of these audits. In 2012, New York State audited the Company and Suffolk Greenway, Inc., a subsidiary of the Bank, for the years 2008, 2009 and 2010 and there was no change as a result of these audits. It is not anticipated that the unrecognized tax benefits will significantly change over the next 12 months.

EMPLOYEE_BENEFITS

EMPLOYEE BENEFITS	12 Months Ended
EMPLOYEE BENEFITS	Dec. 31, 2014
EMPLOYEE BENEFITS [Abstract]
EMPLOYEE BENEFITS	10. EMPLOYEE BENEFITS

	Retirement Plan

	The Company’s retirement plan is noncontributory and covers substantially all eligible employees. The plan conforms to the provisions of the Employee Retirement Income Security Act of 1974, as amended, and the Pension Protection Act of 2006, which requires certain funding rules for defined benefit plans. The Company’s policy is to accrue for all pension costs and to fund the maximum amount allowable for tax purposes. Actuarial gains and losses that arise from changes in assumptions concerning future events are amortized over a period that reflects the long-term nature of pension expense used in estimating pension costs.

	On December 31, 2012, certain provisions of the Company’s retirement plan were changed which affected all participants in this plan and froze the participation of new entrants into the pension plan for all remaining employees in 2012. These changes froze the plan such that no additional pension benefits would accumulate.

	The tables below set forth the status of the Company’s pension plan at December 31 for the years presented, the time at which the annual valuation of the plan is made.

	The following table sets forth the plan’s change in benefit obligation (in thousands):

			2014				2013				2012
	Benefit obligation at beginning of year		$	41,713			$	45,376			$	53,028
	Service cost			-				-				2,665
	Interest cost			2,158				1,993				2,218
	Actuarial loss (gain)			7,709				(3,970	)			(3,789	)
	Benefits paid			(1,846	)			(1,686	)			(1,777	)
	Curtailment			-				-				(6,969	)
	Benefit obligation at end of year		$	49,734			$	41,713			$	45,376

	The following table sets forth the plan’s change in plan assets (in thousands):

			2014				2013				2012
	Fair value of plan assets at beginning of year		$	41,456			$	37,595			$	34,817
	Actual return on plan assets			2,992				5,758				3,615
	Employer contribution			1,000				-				1,000
	Benefits paid and actual expenses			(2,017	)			(1,897	)			(1,837	)
	Fair value of plan assets at end of year		$	43,431			$	41,456			$	37,595

	The following table presents the plan’s funded status and amounts recognized in the consolidated statements of condition (in thousands):

			2014				2013
	Underfunded status		$	(6,303	)		$	(258	)
	Amount included in other liabilities		$	(6,303	)		$	(258	)
	Accumulated benefit obligation		$	49,734			$	41,713

	In December 2014, the Company made an optional contribution of $1 million for the plan year ended September 30, 2015. No minimum contribution was required. In December 2012, the Company made an annual minimum contribution of $1 million for the plan year ended September 30, 2013. The Company does not presently expect to contribute to its pension plan in 2015.

	The following table presents estimated benefits to be paid during the years indicated (in thousands):

	2015		$	1,996
	2016			2,084
	2017			2,202
	2018			2,271
	2019			2,348
	2020-2024			12,787


	The following table summarizes the net periodic pension (credit) cost (in thousands):

			2014				2013				2012
	Service cost		$	-			$	-			$	2,665
	Interest cost on projected benefit obligation			2,158				1,993				2,218
	Expected return on plan assets			(2,548	)			(2,302	)			(2,362	)
	Amortization of net loss			25				245				1,628
	Curtailment gain			-				-				(1	)
	Net periodic pension (credit) cost			(365	)			(64	)			4,148
	Other changes in plan assets and benefit obligation recognized in other comprehensive income:
	Net actuarial loss (gain)			7,435				(7,215	)			(4,982	)
	Amortization of net (loss) gain			(25	)			(245	)			(1,630	)
	Amortization of prior service cost			-				-				2
	Curtailment			-				-				(6,968	)
	Total recognized in other comprehensive income			7,410				(7,460	)			(13,578	)
Total recognized in net periodic pension (credit) cost and other comprehensive income		$	7,045			$	(7,524	)		$	(9,430	)
Weighted-average discount rate for the period			5.33	%			4.5	%			4.27	%
Rate of increase in future compensation			0	%			0	%			3.5	%
Expected long-term rate of return on assets			7	%			7	%			7	%

The assumptions used in the measurement of the Company’s pension obligation at December 31, 2014 and 2013 were:

		2014				2013
Discount rate			4.32	%			5.33	%
Rate of increase in future compensation			0	%			0	%
Expected long-term rate of return on assets			N/	A			N/	A

The following table summarizes the net periodic pension credit expected for the year ended December 31, 2015. This amount is subject to change if a significant plan-related event should occur before the end of fiscal 2015 (in thousands):

		Projected 2015
Service cost		$	-
Interest cost on projected benefit obligation			2,099
Expected return on plan assets			(2,792	)
Amortization of net loss			248
Net periodic pension credit		$	(445	)
Weighted-average discount rate for the period			4.32	%
Rate of increase in future compensation			0	%
Expected long-term rate of return on assets			7	%

To determine the expected return on plan assets, certain variables were considered, such as the long-term historical return information on plan assets, the mix of investments that comprise plan assets and the historical returns on indices comparable to the fund classes in which the plan invests.

The Company’s pension plan weighted-average asset allocations at December 31, 2014 and 2013, by asset category were as follows:

		At December 31,
Asset category		2014				2013
Cash			3	%			1	%
Equity securities			57				60
Debt securities			40				39
Total			100	%			100	%

The following table summarizes the fair value measurements of the Company’s pension plan assets on a recurring basis as of December 31, 2014 (in thousands):

		Fair Value Measurements Using
Description		Active Markets for Identical Assets Quoted Prices (Level 1)				Significant Other Observable Inputs (Level 2)				Total
Short-term investment funds		$	1,423			$	-			$	1,423
Common collective trusts:
U.S. equity securities			9,389				-				9,389
Non - U.S. equity securities			15,123				-				15,123
U.S. fixed income securities			-				15,152				15,152
Non - U.S. fixed income securities			-				2,344				2,344
Total		$	25,935			$	17,496			$	43,431

The following table summarizes the fair value measurements of the Company’s pension plan assets on a recurring basis as of December 31, 2013 (in thousands):

		Fair Value Measurements Using
Description		Active Markets for Identical Assets Quoted Prices (Level 1)				Significant Other Observable Inputs (Level 2)				Total
Short-term investment funds		$	290			$	-			$	290
Common collective trusts:
U.S. equity securities			9,395				-				9,395
Non - U.S. equity securities			15,654				-				15,654
U.S. fixed income securities			-				13,692				13,692
Non - U.S. fixed income securities			-				2,425				2,425
Total		$	25,339			$	16,117			$	41,456

The following is a description of the valuation methodologies used for pension assets measured at fair value:

Level 1 – Valuations based on quoted prices in active markets for identical investments.

Level 2 – Valuations based on quoted prices in markets that are not active or for which all significant inputs are observable, either directly or indirectly. Level 2 inputs include: (i) quoted prices for similar investments in active markets, (ii) quoted prices for identical investments traded in non-active markets (i.e., dealer or broker markets) and (iii) inputs other than quoted prices that are observable or inputs derived from or corroborated by market data for substantially the full term of the investment.

Level 3 – Valuations based on inputs that are unobservable, supported by little or no market activity, and significant to the overall fair value measurement.

For pension assets, Level 1 securities consist primarily of short-term investment funds and equity securities which include investments in common stock and depository receipts. Level 2 securities consist of fixed income securities including corporate bonds, government issues and mortgage-backed securities.

During 2013, all of the assets of the Company’s retirement plan were transferred to State Street Bank & Trust from the New York State Bankers Retirement System. An investment manager, Mercer Investment Management, is responsible for the implementation of the plan’s investment policies and for appointing and terminating sub-advisors to manage the plan’s assets which are invested in common collective trust funds. The plan’s overall investment strategy is to invest in a mix of growth assets (primarily equities) with the objective of achieving long-term growth and hedging assets (primarily fixed income) with the objective of matching the plan’s liabilities.

The following table presents target investment allocations for 2015 by asset category:

Asset Category		Target Allocation
Asset Category		2015
Cash equivalents			0 - 5	%
Equity securities			54 - 64	%
Fixed income securities			36 - 46	%

Deferred Compensation

In 1986, the Board approved a deferred compensation plan. The liability for this plan was approximately $1.1 million at December 31, 2014 and 2013. Under this plan, certain employees and Directors of the Company elected to defer compensation aggregating approximately $177 thousand in 1986 in exchange for stated future payments to be made at specified dates. The rate of return on the initial deferral was guaranteed. For purposes of financial reporting, expenses of approximately $68 thousand and $71 thousand were recorded in 2014 and 2013, respectively. Income of approximately $13 thousand was recorded in 2012.

During 2014, the Company made payments of approximately $64 thousand to participants of this plan. In a prior year, the Company had purchased life insurance policies on the plan’s participants based upon reasonable actuarial benefit and other financial assumptions where the present value of the projected cash flows from the insurance proceeds approximated the present value of the projected cost of the employee benefit. The Company was the named beneficiary on the policies. In 2013, the Company surrendered these policies. Net insurance expense related to the policies aggregated approximately $155 thousand in 2012. There was no such expense in 2013 and 2014.

In 1999, the Board approved a non-qualified deferred compensation plan. Under this plan, certain employees and Directors of the Company may elect to defer some or all of their compensation in exchange for a future payment of the compensation deferred, with accrued interest, at retirement. Participants deferred compensation totaling $132 thousand, $95 thousand and $64 thousand during 2014, 2013 and 2012, respectively. Payments of $396 thousand, $356 thousand and $383 thousand were made to participants during 2014, 2013 and 2012, respectively.

Post-Retirement Benefits Other Than Pension

The Company formerly provided life insurance benefits to employees meeting eligibility requirements. Employees hired after December 31, 1997 were not eligible for retiree life insurance. No other welfare benefits were provided. In the second quarter of 2013, the Company terminated all post-retirement life insurance benefits and recorded a non-recurring gain of $1.7 million as a credit to employee compensation and benefits expense in the Company’s consolidated statements of operations.

401(k) Retirement Plan

The Bank has a 401(k) Retirement Plan and Trust (“401(k) Plan”). Employees who have attained the age of 21 and have completed one-half month of service and 40 hours worked have the option to participate. Employees may currently elect to contribute up to $17,500. The Bank may match up to one-half of the employee’s contribution up to a maximum of 6% of the employee’s annual gross compensation subject to IRS limits. Employees are fully vested immediately in their own contributions and the Bank’s matching contributions. Bank contributions under the 401(k) Plan amounted to $515 thousand, $486 thousand and $110 thousand during 2014, 2013 and 2012, respectively. The Bank funds all amounts when due. Contributions to the 401(k) Plan may be invested in various bond, equity, money market or diversified funds as directed by each employee. The 401(k) Plan does not allow for investment in the Company’s common stock.

COMMITMENTS_AND_CONTINGENT_LIA

COMMITMENTS AND CONTINGENT LIABILITIES	12 Months Ended
COMMITMENTS AND CONTINGENT LIABILITIES	Dec. 31, 2014
COMMITMENTS AND CONTINGENT LIABILITIES [Abstract]
COMMITMENTS AND CONTINGENT LIABILITIES	11. COMMITMENTS AND CONTINGENT LIABILITIES

	The Bank is a party to financial instruments with off-balance sheet risk in the normal course of business to meet the financing needs of its customers. These financial instruments include commitments to extend credit and standby and documentary letters of credit. Those instruments involve, to varying degrees, elements of credit risk in excess of the amount recognized in the consolidated financial statements. The Bank uses the same credit policies in making commitments and conditional obligations as it does for on-balance sheet instruments.

	The Company was contingently liable under standby letters of credit in the amount of $17 million and $18 million at December 31, 2014 and 2013, respectively. The outstanding letters of credit as of December 31, 2014 expire as follows (in thousands):

	2015	$	16,732
	2016		500
	Total	$	17,232

	Amounts due under these letters of credit would be reduced by any proceeds that the Company would be able to obtain in liquidating the collateral for the loans, which varies depending on the customer. At December 31, 2014 and 2013, commitments to originate loans and commitments under unused lines of credit for which the Bank is obligated amounted to $180 million and $113 million, respectively.

	The Bank is required to maintain balances with the FRB to satisfy reserve requirements. In addition, the FRB continues to offer higher interest rates on overnight deposits compared to correspondent banks. The average balance maintained at the FRB during 2014 was $320 million compared to $200 million in 2013.

	At December 31, 2014, the Company was obligated under a number of non-cancelable leases for land and buildings used for bank purposes. Minimum annual rentals, exclusive of taxes and other charges under non-cancelable operating leases, are as follows (in thousands):

		Capital		Operating
		Leases		Leases
	2015	$	317	$	1,742
	2016		329		1,514
	2017		341		1,372
	2018		347		1,031
	2019		354		879
	Thereafter		4,706		1,285
	Total minimum lease payments		6,394	$	7,823
	Less: amounts representing interest		1,883
	Present value of minimum lease payments	$	4,511

	Total rental expense for the years ended December 31, 2014, 2013 and 2012 amounted to $1.1 million, $1.6 million and $1.3 million, respectively.

	The Company and the Bank are subject to legal proceedings and claims that arise in the ordinary course of business. In the opinion of management, the amount of ultimate liability, if any, with respect to such ordinary course matters will not materially affect future operations and will not have a material impact on the Company’s consolidated financial statements. However, the outcome of litigation and other legal and regulatory matters is inherently uncertain, and it is possible that one or more of such matters currently pending or threatened could have an unanticipated material adverse effect on our liquidity, consolidated financial position, results of operations, and/or our business as a whole, in the future.

REGULATORY_MATTERS

REGULATORY MATTERS	12 Months Ended
REGULATORY MATTERS	Dec. 31, 2014
REGULATORY MATTERS [Abstract]
REGULATORY MATTERS	12. REGULATORY MATTERS

	The Company and the Bank are subject to various regulatory capital requirements administered by the federal banking agencies. Failure to meet minimum capital requirements can initiate certain mandatory and possibly additional discretionary actions by regulators that, if undertaken, could have a direct material effect on the Company’s financial statements. Under capital adequacy guidelines and the regulatory framework for prompt corrective action, the Company and the Bank must meet specific capital requirements that involve quantitative measures of the Company’s and the Bank’s assets, liabilities and certain off-balance-sheet items calculated under regulatory accounting practices. The Company’s and the Bank’s capital amounts and the Bank’s classification are also subject to qualitative judgments by the regulators about components, risk weighting and other factors.

	Quantitative measures established by regulation to ensure capital adequacy require the Company and the Bank to maintain minimum amounts and ratios of total and tier 1 capital, as defined in the federal banking regulations, to risk-weighted assets and of tier 1 capital to adjusted average assets (leverage). Management believes, as of December 31, 2014, that the Company and the Bank met all such capital adequacy requirements to which it is subject.

	The Bank’s capital amounts (in thousands) and ratios are as follows:

		Actual capital ratios					Minimum for capital adequacy					Minimum to be Well Capitalized under prompt corrective action provisions
		Amount		Ratio			Amount		Ratio			Amount		Ratio
	31-Dec-14
	Total capital to risk-weighted assets	$	201,476		13.25	%	$	121,608		8	%	$	152,010		10	%
	Tier 1 capital to risk-weighted assets		182,469		12	%		60,804		4	%		91,206		6	%
	Tier 1 capital to adjusted average assets (leverage)		182,469		9.96	%		73,312		4	%		91,640		5	%

	31-Dec-13
	Total capital to risk-weighted assets	$	181,952		14.92	%	$	97,542		8	%	$	121,927		10	%
	Tier 1 capital to risk-weighted assets		166,683		13.67	%		48,771		4	%		73,156		6	%
	Tier 1 capital to adjusted average assets (leverage)		166,683		9.74	%		68,454		4	%		85,567		5	%

	The Company’s tier 1 leverage, tier 1 risk-based and total risk-based capital ratios were 10.04%, 12.10% and 13.35%, respectively, at December 31, 2014, versus 9.81%, 13.77% and 15.02%, respectively, at December 31, 2013.

	The ability of the Bank to pay dividends to the Company is subject to certain regulatory restrictions. Generally, dividends declared in a given year by a national bank are limited to its net profit, as defined by regulatory agencies, for that year, combined with its retained net income for the preceding two years, less any required transfer to surplus or to fund for the retirement of any preferred stock. In addition, a national bank may not pay dividends in an amount greater than its undivided profits or declare any dividends if such declaration would leave the bank inadequately capitalized. At December 31, 2014, $26.3 million was available for dividends from the Bank to the Company.

	In July 2013, the OCC approved new rules on regulatory capital applicable to national banks, implementing Basel III. Most banking organizations were required to apply the new capital rules on January 1, 2015. The final rules set a new common equity tier 1 requirement and higher minimum tier 1 requirements for all banking organizations. They also place limits on capital distributions and certain discretionary bonus payments if a banking organization does not maintain a buffer of common equity tier 1 capital above minimum capital requirements. The rules revise the prompt corrective action framework to incorporate the new regulatory capital minimums. They also enhance risk sensitivity and address weaknesses identified over recent years with the measure of risk-weighted assets, including through new measures of creditworthiness to replace references to credit ratings, consistent with section 939A of the Dodd-Frank Act. Based on our capital levels and balance sheet composition at December 31, 2014, we believe implementation of the new rules will not have a material impact on our capital needs.

CONCENTRATIONS

CONCENTRATIONS	12 Months Ended
CONCENTRATIONS	Dec. 31, 2014
CONCENTRATIONS [Abstract]
CONCENTRATIONS	13. CONCENTRATIONS

	Loans

	The following table presents the Company’s loan portfolio disaggregated by class of loan at December 31, 2014 and each class’s percentage of total loans and total assets (dollars in thousands):

	At December 31,	2014		% of total loans			% of total assets
	Commercial and industrial	$	177,813		13.1	%		9.4	%
	Commercial real estate		560,524		41.4			29.6
	Multifamily		309,666		22.8			16.3
	Mixed use commercial		34,806		2.6			1.8
	Real estate construction		26,206		1.9			1.4
	Residential mortgages		187,828		13.9			9.9
	Home equity		50,982		3.8			2.7
	Consumer		7,602		0.5			0.4
	Total loans	$	1,355,427		100	%		71.5	%


	Commercial and industrial loans, unsecured or secured by collateral other than real estate, present significantly greater risk than other types of loans. The Company obtains, whenever possible, both the personal guarantees of the principal and cross-guarantees among the principal’s business enterprises. Commercial real estate loans (exclusive of multifamily and mixed use commercial loans) present greater risk than residential mortgages. The Company has attempted to minimize the risks of these loans by considering several factors, including the creditworthiness of the borrower, location, condition, value and the business prospects for the security property.

	Investment Securities

	The following presents the Company’s investment portfolio disaggregated by category of security at December 31, 2014 and each category’s percentage of total investment securities and total assets (dollars in thousands):

	At December 31,	2014		% of total investment securities			% of total assets
	U.S. Government agency securities	$	89,942		24.9	%		4.7	%
	Corporate bonds		6,408		1.8			0.3
	Collateralized mortgage obligations		21,997		6.1			1.2
	Mortgage-backed securities		90,919		25.2			4.8
	Obligations of states and political subdivisions		151,674		42			8
	Total investment securities	$	360,940		100	%		19	%

	Obligations of states and political subdivisions present slightly greater risk than securities backed by the U.S. Government, but significantly less risk than loans as they are backed by the full faith and taxing power of the issuer, most of which are located in the state of New York. MBS and CMOs are both backed by pools of mortgages. However, CMOs provide more predictable cash flows since payments are assigned to specific tranches of securities in the order in which they are received. The Company invests in senior tranches, some of which provide for prioritized receipt of cash flows.

FAIR_VALUE

FAIR VALUE	12 Months Ended
FAIR VALUE	Dec. 31, 2014
FAIR VALUE [Abstract]
FAIR VALUE	14. FAIR VALUE

	Fair value measurement is determined based on the assumptions that market participants would use in pricing the asset or liability in an exchange. The definition of fair value includes the exchange price which is the price in an orderly transaction between market participants to sell an asset or transfer a liability in the principal market for the asset or liability. Market participant assumptions include assumptions about risk, the risk inherent in a particular valuation technique used to measure fair value and/or the risk inherent in the inputs to the valuation technique, as well as the effect of credit risk on the fair value of liabilities. The Company uses three levels of the fair value inputs to measure assets, as described below.

	Basis of Fair Value Measurement:

	Level 1 – Valuations based on quoted prices in active markets for identical investments.

	Level 2 – Valuations based on quoted prices in markets that are not active or for which all significant inputs are observable, either directly or indirectly. Level 2 inputs include: (i) quoted prices for similar investments in active markets, (ii) quoted prices for identical investments traded in non-active markets (i.e., dealer or broker markets) and (iii) inputs other than quoted prices that are observable or inputs derived from or corroborated by market data for substantially the full term of the investment.

	Level 3 – Valuations based on inputs that are unobservable, supported by little or no market activity, and significant to the overall fair value measurement.

	The types of instruments valued based on quoted market prices in active markets include most U.S. Treasury securities. Such instruments are generally classified within Level 1 and Level 2 of the fair value hierarchy. The Company does not adjust the quoted price for such instruments.

	The types of instruments valued based on quoted prices in markets that are not active, broker or dealer quotations, or alternative pricing sources with reasonable levels of price transparency include U.S. Government agency securities, state and municipal obligations, MBS, CMOs and corporate bonds. Such instruments are generally classified within Level 2 of the fair value hierarchy.

	The types of instruments valued based on significant unobservable inputs that reflect the Company’s own assumptions about the assumptions that market participants would use in pricing an asset or liability are generally classified within Level 3 of the fair value hierarchy.

	U.S. GAAP sets requirements for measuring fair value and for disclosing information about fair value measurements, including a consistent meaning of the term fair value, and provides guidance for determining fair values when the volume and level of activity for the asset or liability have significantly decreased, particularly when there is no active market or where the price inputs being used represent distressed sales. It also provides guidelines for making fair value measurements more consistent with principles, reaffirming the need to use judgment to ascertain if a formerly active market has become inactive and in determining fair values when markets become inactive.

	The following table presents the carrying amounts and fair values of the Company’s financial instruments (in thousands).

			Level in			31-Dec-14							31-Dec-13
			Fair Value Hierarchy			Carrying Amount				Fair			Carrying Amount		Fair
			Fair Value Hierarchy			Carrying Amount				Value			Carrying Amount		Value

	Financial Assets:
	Cash and due from banks		Level 1			$	54,516			$	54,516		$	131,352	$	131,352
	Federal funds sold		Level 2				1,000				1,000			1,000		1,000
	Interest-bearing time deposits in other banks		Level 2				10,000				10,017			10,000		10,000
	Federal Reserve Bank, Federal Home Loan
	Bank and other stock		N/A				8,600				N/A			2,863		N/A
	Investment securities held to maturity		Level 2				62,270				64,796			11,666		12,234
	Investment securities available for sale		Level 2				298,670				298,670			400,780		400,780
	Loans held for sale		Level 2				26,495				26,495			175		175
	Loans, net of allowance		Level 2, 3 (1)				1,336,227				1,329,041			1,051,585		1,056,279
	Accrued interest and loan fees receivable		Level 2				5,676				5,676			5,441		5,441

	Financial Liabilities:
	Non-maturity deposits		Level 2				1,337,301				1,337,301			1,284,982		1,284,982
	Time deposits		Level 2				218,759				219,089			225,079		225,946
	Borrowings		Level 2				130,000				130,004			-		-
	Accrued interest payable		Level 2				136				136			160		160
	Derivatives		Level 3				752				752			932		932

	(1) Impaired loans are generally classified within Level 3 of the fair value hierarchy.

	Fair value estimates are made at a specific point in time and may be based on judgments regarding losses expected in the future, risk, and other factors that are subjective in nature. The methods and assumptions used to produce the fair value estimates follow.

	For securities held to maturity and securities available for sale, the estimated fair value equals quoted market price if available. If a quoted market price is not available, fair value is estimated using a quoted market price for similar securities. For cash and due from banks, federal funds sold, accrued interest and loan fees receivable, non-maturity deposits and accrued interest payable, the carrying amount is a reasonable estimate of fair value. Determining the fair value of Federal Reserve Bank, Federal Home Loan Bank and other stock is not practicable due to restrictions placed on its transferability. Interest-bearing time deposits in other banks, time deposits and borrowings are valued using a replacement cost of funds approach.

	Fair values are estimated for portfolios of loans with similar characteristics. The fair value of performing loans was calculated by discounting projected cash flows through their estimated maturity using market discount rates that reflect the general credit and interest rate characteristics of the loan category. The maturity horizon is based on the Bank’s history of repayments for each type of loan and an estimate of the effect of current economic conditions. Assumptions regarding credit risk, cash flows, and discount rates are made using available market information and specific borrower information.

	Loans identified as impaired are measured using one of three methods: the loan’s observable market price, the fair value of collateral less estimated costs to sell or the present value of expected future cash flows. Those measured using the loan’s observable market price or the fair value of collateral are recorded at fair value. For each period presented, no impaired loans were measured using the loan’s observable market price. If an impaired loan has had a charge-off or if the fair value of the collateral is less than the recorded investment in the loan, the Company establishes a specific reserve and reports the loan as non-recurring Level 3. The fair value of collateral of impaired loans is generally based on recent real estate appraisals. These appraisals may utilize a single valuation approach or a combination of approaches including comparable sales and the income approach. Adjustments are routinely made in the appraisal process by the appraisers to adjust for differences between the comparable sales and income data available. Such adjustments are usually significant and typically result in a Level 3 classification of the inputs for determining fair value.

	For the periods presented, loans held for sale were performing and carried at cost. The carrying cost is a reasonable estimate of fair value due to their short-term nature.

	Fair value of OREO is generally based on third party appraisals or realtor evaluations of the property. These appraisals and evaluations may utilize a single valuation approach or a combination of approaches including comparable sales and the income approach. Adjustments are routinely made in the appraisal process by the appraisers to adjust for differences between the comparable sales and income data available. Such adjustments are usually significant and typically result in a Level 3 classification. In cases where the carrying amount exceeds the fair value, less estimated costs to sell, an impairment loss is recognized through a valuation allowance, and the property is reported as non-recurring Level 3. The Company held no OREO at December 31, 2014 and 2013.

	The fair value of commitments to extend credit is estimated by either discounting cash flows or using the fees currently charged to enter into similar agreements, taking into account the remaining terms of the agreements and the current creditworthiness of the counter-parties. The estimated fair value of written financial guarantees and letters of credit is based on fees currently charged for similar agreements. The fees charged for the commitments were not material in amount.

	During the third and fourth quarters of 2013, the Company entered into derivative swap contracts with the purchaser of its Visa Class B shares. The fair value of these derivatives is measured using an internal model that includes the use of probability weighted scenarios for estimates of Visa’s aggregate exposure to the litigation matters, with consideration of amounts funded by Visa into its escrow account for this litigation. As a result, the Company estimates a fair value for these derivatives at 12% of the net sale proceeds from the Company’s sale of the related Visa Class B shares. Since this estimation process requires application of judgment in developing significant unobservable inputs used to determine the possible outcomes and the probability weighting assigned to each scenario, these derivatives have been classified as Level 3 within the valuation hierarchy. (See also Note 3. Investment Securities contained herein.)

	Assets measured at fair value on a non-recurring basis are as follows (in thousands):

Assets:		31-Dec-14			Fair Value Measurements Using Significant Unobservable Inputs (Level 3)
Impaired loans (1)		$	16,559		$	16,559
Total		$	16,559		$	16,559

(1) Collateral dependent.

Assets:		31-Dec-13			Fair Value Measurements Using Significant Unobservable Inputs (Level 3)
Impaired loans (1)		$	16,942		$	16,942
Total		$	16,942		$	16,942

(1) Collateral dependent.

The Company had no liabilities measured at fair value on a non-recurring basis at December 31, 2014 and 2013.

The following presents quantitative information about Level 3 fair value measurements for financial instruments measured at fair value on a non-recurring basis (dollars in thousands):

		Fair Value at December 31,						Valuation	Unobservable
Assets:		2014			2013			Technique	Inputs		Discount
Impaired loans (1):

Commercial and industrial		$	3,049		$	3,384		Third party appraisal and/or internal evaluation	Discount to appraised value (2), (3); estimated selling costs		5.6% to 50%

Commercial real estate			6,521			7,426		Third party appraisal and/or internal evaluation	Discount to appraised value (3); estimated selling costs		5.6% to 6.6%

Residential mortgages			5,422			5,050		Third party appraisal	Discount to appraised value (3); estimated selling costs			25%

Home equity			1,567			1,082		Third party appraisal	Discount to appraised value (3); estimated selling costs			25%
Total		$	16,559		$	16,942

(1) Collateral dependent.
(2) The Company also makes adjustments to the appraised value based upon evaluation of corporate assets, such as inventory and accounts receivable, and other factors. Higher discounts may be applied to certain assets, such as inventory and accounts receivable.
(3) The Company also makes adjustments to the appraised value based upon various information known to management about the property, market conditions and other factors.

The following presents fair value measurements on a recurring basis as of December 31, 2014 and 2013 (in thousands):

					Fair Value Measurements Using
					Significant Other Observable Inputs				Significant Unobservable Inputs
Assets:		31-Dec-14			(Level 2)				(Level 3)
U.S. Government agency securities		$	41,577		$	41,577			$	-
Corporate bonds			6,408			6,408				-
Collateralized mortgage obligations			21,997			21,997				-
Mortgage-backed securities			90,919			90,919				-
Obligations of states and political
subdivisions			137,769			137,769				-
Total		$	298,670		$	298,670			$	-

Liabilities:
Derivatives			752		$	-			$	752
Total		$	752		$	-			$	752



					Fair Value Measurements Using
					Significant Other Observable Inputs				Significant Unobservable Inputs
Assets:		31-Dec-13			(Level 2)				(Level 3)
U.S. Government agency securities		$	100,095		$	100,095			$	-
Corporate bonds			15,651			15,651				-
Collateralized mortgage obligations			30,104			30,104				-
Mortgage-backed securities			97,767			97,767				-
Obligations of states and political
subdivisions			157,163			157,163				-
Total		$	400,780		$	400,780			$	-

Liabilities:
Derivatives			932		$	-			$	932
Total		$	932		$	-			$	932

Reconciliations for assets and liabilities measured at fair value on a recurring basis using significant unobservable inputs (Level 3) for the years ended December 31, 2014, 2013 and 2012 follow (in thousands).

Fair Value Measurements Using Significant Unobservable Inputs (Level 3)
		Assets			Liabilities
		Collateralized Mortgage Obligations			Derivatives
Balance at January 1, 2012		$	7,994		$	-
Sales			(7,994	)		-
Balance at December 31, 2012			-			-
Net increases			-			932
Balance at December 31, 2013			-			932
Net decreases			-			(180	)
Balance at December 31, 2014		$	-		$	752

SUFFOLK_BANCORP_PARENT_COMPANY

SUFFOLK BANCORP (PARENT COMPANY ONLY) CONDENSED FINANCIAL STATEMENTS	12 Months Ended
	Dec. 31, 2014
SUFFOLK BANCORP (PARENT COMPANY ONLY) CONDENSED FINANCIAL STATEMENTS [Abstract]
SUFFOLK BANCORP (PARENT COMPANY ONLY) CONDENSED FINANCIAL STATEMENTS	15. SUFFOLK BANCORP (PARENT COMPANY ONLY) CONDENSED FINANCIAL STATEMENTS (in thousands)

	Condensed Statements of Condition at December 31,	2014			2013			2012
	Assets:
	Due from banks	$	1,322		$	605		$	515
	Investment in the Bank		180,926			165,924			163,007
	Other assets		674			669			463
	Total Assets	$	182,922		$	167,198		$	163,985
	Liabilities and Stockholders' Equity:
	Other liabilities	$	189		$	-		$	-
	Stockholders' Equity		182,733			167,198			163,985
	Total Liabilities and Stockholders' Equity	$	182,922		$	167,198		$	163,985



	Condensed Statements of Operations and Comprehensive Income for the Years Ended December 31,	2014			2013			2012
	Income:
	Dividends from the Bank	$	1,399		$	-		$	-
	Other income		176			-			-
	Expense:
	Other expense		837			372			358
	Income (loss) before equity in undistributed net income (loss) of the Bank		738			(372	)		(358	)
	Equity in undistributed earnings (loss) of the Bank		14,557			13,090			(1,390	)
	Net income (loss)	$	15,295		$	12,718		$	(1,748	)
	Total Comprehensive Income	$	15,741		$	2,543		$	4,208

	Condensed Statements of Cash Flows for the Years Ended December 31,	2014			2013			2012
	Cash Flows From Operating Activities:
	Net income (loss)	$	15,295		$	12,718		$	(1,748	)
	Less: equity in undistributed (earnings) loss of the Bank		(14,557	)		(13,090	)		1,390
	Stock-based compensation		811			579			458
	Increase in other assets		(4	)		(208	)		(130	)
	Increase (decrease) in other liabilities		189			-			(119	)
	Net cash provided by (used in) operating activities		1,734			(1	)		(149	)
	Cash Flows From Investing Activities:
	Advances to the Bank		-			-			(22,500	)
	Net cash used in investing activities		-			-			(22,500	)
	Cash Flows From Financing Activities:
	Dividend reinvestment and stock option exercises		382			91			-
	Proceeds from issuance of capital stock		-			-			22,759
	Dividends paid		(1,399	)		-			-
	Net cash (used in) provided by financing activities		(1,017	)		91			22,759
	Net Increase in Cash and Cash Equivalents		717			90			110
	Cash and Cash Equivalents, Beginning of Year		605			515			405
	Cash and Cash Equivalents, End of Year	$	1,322		$	605		$	515

SELECTED_QUARTERLY_FINANCIAL_D

SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)	12 Months Ended
SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)	Dec. 31, 2014
SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED) [Abstract]
SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)	16. SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED) (dollars in thousands, except per share data)

		2014								2013
		4th Quarter		3rd Quarter		2nd Quarter		1st Quarter		4th Quarter		3rd Quarter		2nd Quarter		1st Quarter
	Interest income	$	16,783	$	16,164	$	16,171	$	15,935	$	15,969	$	14,705	$	14,560	$	14,444
	Interest expense		638		615		629		637		682		733		747		768
	Net interest income		16,145		15,549		15,542		15,298		15,287		13,972		13,813		13,676
	Provision for loan losses (1)		250		250		250		250		1,250		-		-		-
	Net interest income after provision for loan losses		15,895		15,299		15,292		15,048		14,037		13,972		13,813		13,676
	Non-interest income (2)		2,580		2,550		2,678		3,092		7,139		6,587		2,464		3,317
	Operating expenses (3)		13,722		13,236		13,152		13,309		16,982		15,090		12,692		13,801
	Income tax expense		687		875		1,047		1,111		866		1,557		816		483
	Net income	$	4,066	$	3,738	$	3,771	$	3,720	$	3,328	$	3,912	$	2,769	$	2,709
	Net income per common share - basic	$	0.35	$	0.32	$	0.33	$	0.32	$	0.29	$	0.34	$	0.24	$	0.23
	Net income per common share - diluted	$	0.35	$	0.32	$	0.32	$	0.32	$	0.29	$	0.34	$	0.24	$	0.23
	Cash dividends per common share	$	0.06	$	0.06	$	-	$	-	$	-	$	-	$	-	$	-

	(1) 4th quarter 2013 amount reflects the impact of a charge-off of $1.5 million related to the sale of $8 million in non-performing and classified loans.

	(2) 4th quarter 2013 and 3rd quarter 2013 amounts include gains on Visa shares sold of $3.9 million and $3.8 million, respectively.

	(3) 4th quarter 2013 and 3rd quarter 2013 amounts include branch consolidation costs of $1.6 million and $460 thousand, respectively. Also included are reserve and carrying costs related to Visa shares sold totaling $515 thousand and $474 thousand for the 4th and 3rd quarter 2013, respectively.

LEGAL_PROCEEDINGS

LEGAL PROCEEDINGS	12 Months Ended
LEGAL PROCEEDINGS	Dec. 31, 2014
LEGAL PROCEEDINGS [Abstract]
LEGAL PROCEEDINGS	17. LEGAL PROCEEDINGS

	Certain lawsuits and claims arising in the ordinary course of business have been filed or are pending against us or our affiliates. In accordance with applicable accounting guidance, we establish accruals for all lawsuits, claims and expected settlements when we believe it is probable that a loss has been incurred and the amount of the loss is reasonably estimable. When a loss contingency is not both probable and estimable, we do not establish an accrual. Any such loss estimates are inherently uncertain, based on currently available information and are subject to management’s judgment and various assumptions. Due to the inherent subjectivity of these estimates and unpredictability of outcomes of legal proceedings, any amounts accrued may not represent the ultimate resolution of such matters.

	To the extent we believe any potential loss relating to such lawsuits and claims may have a material impact on our liquidity, consolidated financial position, results of operations, and/or our business as a whole and is reasonably possible but not probable, we disclose information relating to any such potential loss, whether in excess of any established accruals or where there is no established accrual. We also disclose information relating to any material potential loss that is probable but not reasonably estimable. Where reasonably practicable, we will provide an estimate of loss or range of potential loss. No disclosures are generally made for any loss contingencies that are deemed to be remote.

	Based upon information available to us and our review of lawsuits and claims filed or pending against us to date, we have not recognized a material accrual liability for these matters, nor do we currently expect it is reasonably possible that these matters will result in a material liability to the Company. However, the outcome of litigation and other legal and regulatory matters is inherently uncertain, and it is possible that one or more of such matters currently pending or threatened could have an unanticipated material adverse effect on our liquidity, consolidated financial position, results of operations, and/or our business as a whole, in the future.

SUMMARY_OF_SIGNIFICANT_ACCOUNT1

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)

12 Months Ended

Dec. 31, 2014

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]

Organization and Nature of Operations

Cash and Cash Equivalents

Investment Securities

Loans and Loan Interest Income Recognition

Allowance for Loan Losses

Transfers of Financial Instruments

Loans Held-For-Sale

Other Real Estate Owned

Premises and Equipment

Bank Owned Life Insurance

Goodwill

Allowance for Off-Balance Sheet Credit Risk

Income Taxes

Summary of Retirement Benefits Accounting

Stock-Based Compensation

Treasury Stock

Earnings-Per-Share

The reconciliation of basic and diluted weighted average number of common shares outstanding for the years ended December 31, 2014, 2013 and 2012 follows.

Years Ended December 31,

2014

2013

2012

Weighted average common shares outstanding

11,582,807

11,570,731

10,248,751

Weighted average unvested restricted shares

43,547

Weighted average shares for basic earnings per share

11,626,354

11,570,731

10,248,751

Additional diluted shares:

Stock options

55,788

20,390

Weighted average shares for diluted earnings per share

11,682,142

11,591,121

10,248,751

Comprehensive Income

Derivatives

Segment Reporting

Recent Accounting Guidance

Reclassifications

SUMMARY_OF_SIGNIFICANT_ACCOUNT2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	12 Months Ended
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	Dec. 31, 2014
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]
Reconciliation of basic and diluted weighted average number of common shares outstanding	The reconciliation of basic and diluted weighted average number of common shares outstanding for the years ended December 31, 2014, 2013 and 2012 follows.

		Years Ended December 31,
		2014		2013		2012

	Weighted average common shares outstanding		11,582,807		11,570,731		10,248,751
	Weighted average unvested restricted shares		43,547		-		-
	Weighted average shares for basic earnings per share		11,626,354		11,570,731		10,248,751

	Additional diluted shares:
	Stock options		55,788		20,390		-
	Weighted average shares for diluted earnings per share		11,682,142		11,591,121		10,248,751

ACCUMULATED_OTHER_COMPREHENSIV1

ACCUMULATED OTHER COMPREHENSIVE INCOME (AOCI) (Tables)	12 Months Ended
ACCUMULATED OTHER COMPREHENSIVE INCOME (AOCI) (Tables)	Dec. 31, 2014
ACCUMULATED OTHER COMPREHENSIVE INCOME ("AOCI") [Abstract]
Changes in AOCI by component, net of tax	The changes in the Company’s AOCI by component, net of tax, for the years ended December 31, 2014 and 2013 follow (in thousands).

		Year Ended December 31, 2014
		Unrealized Gains and Losses on Available for Sale Securities			Unrealized Losses on Securities Transferred from Available for Sale to Held to Maturity				Pension and Post-Retirement Plan Items			Total
	Beginning balance	$	(4,095	)	$	-			$	(3,194	)	$	(7,289	)
	Other comprehensive income (loss) before reclassifications		6,744			(1,938	)			(4,496	)		310
	Amounts reclassified from AOCI		(12	)		133				15			136
	Net other comprehensive income (loss)		6,732			(1,805	)			(4,481	)		446
	Ending balance	$	2,637		$	(1,805	)		$	(7,675	)	$	(6,843	)

		Year Ended December 31, 2013
		Unrealized Gains and Losses on Available for Sale Securities			Pension and Post-Retirement Plan Items				Total
	Beginning balance	$	10,553		$	(7,667	)		$	2,886
	Other comprehensive (loss) income before reclassifications		(14,391	)		4,318				(10,073	)
	Amounts reclassified from AOCI		(257	)		155				(102	)
	Net other comprehensive (loss) income		(14,648	)		4,473				(10,175	)
	Ending balance	$	(4,095	)	$	(3,194	)		$	(7,289	)
Reclassifications out of AOCI	The table below presents reclassifications out of AOCI for the years ended December 31, 2014 and 2013 (in thousands).

		Amount Reclassified from AOCI
		Years Ended December 31,						Affected Line Item in the Statement
	Details about AOCI Components	2014			2013			Where Net Income is Presented
	Unrealized gains and losses on available for sale securities	$	19		$	403		Net gain (loss) on sale of securities available for sale

	Unrealized losses on securities transferred from available for sale to held to maturity		(218	)		-		Interest income - U.S. Government agency obligations

	Pension and post-retirement plan items		(25	)		(245	)	Employee compensation and benefits

			88			(56	)	Income tax expense (benefit)

	Total reclassifications, net of tax	$	(136	)	$	102

INVESTMENT_SECURITIES_Tables

INVESTMENT SECURITIES (Tables)	12 Months Ended
INVESTMENT SECURITIES (Tables)	Dec. 31, 2014
INVESTMENT SECURITIES [Abstract]
Amortized cost, estimated fair values, and gross unrealized gains and losses of securities available for sale and held to maturity	The amortized cost, estimated fair value and gross unrealized gains and losses of the Company’s investment securities available for sale and held to maturity at December 31, 2014 and 2013 were as follows (in thousands):

		31-Dec-14										31-Dec-13
		Amortized Cost			Gross Unrealized Gains		Gross Unrealized Losses			Estimated Fair Value		Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Estimated Fair Value
	Available for sale:
	U.S. Government agency securities	$	42,474		$	-	$	(897	)	$	41,577	$	109,315	$	-	$	(9,220	)	$	100,095
	Obligations of states and political subdivisions		131,300			6,469		-			137,769		148,664		8,499		-			157,163
	Collateralized mortgage obligations		22,105			423		(531	)		21,997		30,335		557		(788	)		30,104
	Mortgage-backed securities		92,095			88		(1,264	)		90,919		103,332		19		(5,584	)		97,767
	Corporate bonds		6,336			90		(18	)		6,408		15,565		264		(178	)		15,651
	Total available for sale securities		294,310			7,070		(2,710	)		298,670		407,211		9,339		(15,770	)		400,780
	Held to maturity:
	U.S. Government agency securities		48,365			1,717		-			50,082		-		-		-			-
	Obligations of states and political subdivisions		13,905			809		-			14,714		11,666		655		(87	)		12,234
	Total held to maturity securities		62,270			2,526		-			64,796		11,666		655		(87	)		12,234
	Total investment securities	$	356,580		$	9,596	$	(2,710	)	$	363,466	$	418,877	$	9,994	$	(15,857	)	$	413,014
Investment securities amortized cost, maturities, and approximate fair value	The amortized cost, contractual maturities and estimated fair value of the Company’s investment securities at December 31, 2014 (in thousands) are presented in the table below. Collateralized mortgage obligations (“CMOs”) and mortgage-backed securities (“MBS”) assume maturity dates pursuant to average lives.


		31-Dec-14
		Amortized			Estimated
		Cost			Fair Value
	Securities available for sale:
	Due in one year or less	$	14,746		$	14,976
	Due from one to five years		151,319			155,608
	Due from five to ten years		128,245			128,086
	Total securities available for sale		294,310			298,670
	Securities held to maturity:
	Due in one year or less		1,667			1,696
	Due from one to five years		5,473			5,910
	Due from five to ten years		32,030			32,714
	Due after ten years		23,100			24,476
	Total securities held to maturity		62,270			64,796
	Total investment securities	$	356,580		$	363,466
Proceeds from sales of securities available for sale and the associated realized securities gains and losses	The proceeds from sales of securities available for sale and the associated realized gains and losses are shown below for the years indicated (in thousands). Realized gains are also inclusive of gains on called securities.

		2014			2013		2012

	Proceeds	$	20,604		$	13,427	$	7,457

	Gross realized gains	$	271		$	403	$	-
	Gross realized losses		(252	)		-		(217	)
	Net realized gains (losses)	$	19		$	403	$	(217	)
Length of time individual securities for held-to-maturity and available-for-sale held in a continuous unrealized loss position	Information pertaining to securities with unrealized losses at December 31, 2014 and 2013, aggregated by investment category and length of time that individual securities have been in a continuous loss position, follows (in thousands):

		Less than 12 months					12 months or longer					Total
	31-Dec-14	Estimated			Unrealized		Estimated			Unrealized		Estimated		Unrealized
	31-Dec-14	Fair value			Losses		Fair value			Losses		Fair value		Losses
	U.S. Government agency securities	$	-		$	-	$	41,577		$	897	$	41,577	$	897
	Collateralized mortgage obligations		-			-		8,417			531		8,417		531
	Mortgage-backed securities		-			-		81,510			1,264		81,510		1,264
	Corporate bonds		-			-		2,982			18		2,982		18
	Total	$	-		$	-	$	134,486		$	2,710	$	134,486	$	2,710



		Less than 12 months					12 months or longer					Total
	31-Dec-13	Estimated			Unrealized		Estimated			Unrealized		Estimated		Unrealized
	31-Dec-13	Fair value			Losses		Fair value			Losses		Fair value		Losses
	U.S. Government agency securities	$	86,590		$	7,726	$	13,505		$	1,494	$	100,095	$	9,220
	Obligations of states and political subdivisions		3,932			87		-			-		3,932		87
	Collateralized mortgage obligations		2,935			160		5,713			628		8,648		788
	Mortgage-backed securities		84,869			4,850		12,637			734		97,506		5,584
	Corporate bonds		8,681			178		-			-		8,681		178
	Total	$	187,007		$	13,001	$	31,855		$	2,856	$	218,862	$	15,857

LOANS_Tables

LOANS (Tables)	12 Months Ended
LOANS (Tables)	Dec. 31, 2014
LOANS [Abstract]
Categorizes total loans	At December 31, 2014 and 2013, net loans disaggregated by class consisted of the following (in thousands):

		31-Dec-14			31-Dec-13
	Commercial and industrial	$	177,813		$	171,199
	Commercial real estate		560,524			464,560
	Multifamily		309,666			184,624
	Mixed use commercial		34,806			4,797
	Real estate construction		26,206			6,565
	Residential mortgages		187,828			169,552
	Home equity		50,982			57,112
	Consumer		7,602			10,439
	Gross loans		1,355,427			1,068,848
	Allowance for loan losses		(19,200	)		(17,263	)
	Net loans at end of period	$	1,336,227		$	1,051,585
Summary of changes in the allowance for loan losses	At December 31, 2014 and 2013, the ending balance in the allowance for loan losses disaggregated by class and impairment methodology is as follows (in thousands). Also in the tables below are total loans at December 31, 2014 and 2013 disaggregated by class and impairment methodology (in thousands).

		Allowance for Loan Losses									Loan Balances
	31-Dec-14	Individually			Collectively			Ending balance			Individually			Collectively			Ending balance
		evaluated for			evaluated for						evaluated for			evaluated for
		impairment			impairment						impairment			impairment
	Commercial and industrial	$	16		$	1,544		$	1,560		$	4,889		$	172,924		$	177,813
	Commercial real estate		-			6,777			6,777			10,214			550,310			560,524
	Multifamily		-			4,018			4,018			-			309,666			309,666
	Mixed use commercial		-			261			261			-			34,806			34,806
	Real estate construction		-			383			383			-			26,206			26,206
	Residential mortgages		809			2,218			3,027			5,422			182,406			187,828
	Home equity		92			617			709			1,567			49,415			50,982
	Consumer		88			78			166			323			7,279			7,602
	Unallocated		-			2,299			2,299			-			-			-
	Total	$	1,005		$	18,195		$	19,200		$	22,415		$	1,333,012		$	1,355,427

		Allowance for Loan Losses									Loan Balances
	31-Dec-13	Individually			Collectively			Ending balance			Individually			Collectively			Ending balance
		evaluated for			evaluated for						evaluated for			evaluated for
		impairment			impairment						impairment			impairment
	Commercial and industrial	$	41		$	2,574		$	2,615		$	7,754		$	163,445		$	171,199
	Commercial real estate		-			6,572			6,572			11,821			452,739			464,560
	Multifamily		-			2,159			2,159			-			184,624			184,624
	Mixed use commercial		-			54			54			-			4,797			4,797
	Real estate construction		-			88			88			-			6,565			6,565
	Residential mortgages		709			1,754			2,463			5,049			164,503			169,552
	Home equity		93			652			745			1,082			56,030			57,112
	Consumer		102			139			241			284			10,155			10,439
	Unallocated		-			2,326			2,326			-			-			-
	Total	$	945		$	16,318		$	17,263		$	25,990		$	1,042,858		$	1,068,848
Summary of current and past due loans	At December 31, 2014 and 2013, past due loans disaggregated by class were as follows (in thousands).

		Past Due
	31-Dec-14	30 - 59 days			60 - 89 days			90 days and over			Total			Current			Total
	Commercial and industrial	$	52		$	241		$	4,060		$	4,353		$	173,460		$	177,813
	Commercial real estate		-			-			6,556			6,556			553,968			560,524
	Multifamily		-			-			-			-			309,666			309,666
	Mixed use commercial		-			-			-			-			34,806			34,806
	Real estate construction		-			-			-			-			26,206			26,206
	Residential mortgages		822			-			2,020			2,842			184,986			187,828
	Home equity		-			112			303			415			50,567			50,982
	Consumer		59			77			42			178			7,424			7,602
	Total	$	933		$	430		$	12,981		$	14,344		$	1,341,083		$	1,355,427
	% of Total Loans		0.1	%		0	%		1	%		1.1	%		98.9	%		100	%



		Past Due
	31-Dec-13	30 - 59 days			60 - 89 days			90 days and over			Total			Current			Total
	Commercial and industrial	$	13		$	-		$	5,014		$	5,027		$	166,172		$	171,199
	Commercial real estate		631			-			7,492			8,123			456,437			464,560
	Multifamily		-			-			-			-			184,624			184,624
	Mixed use commercial		-			-			-			-			4,797			4,797
	Real estate construction		-			-			-			-			6,565			6,565
	Residential mortgages		1,535			339			1,897			3,771			165,781			169,552
	Home equity		795			100			647			1,542			55,570			57,112
	Consumer		75			-			133			208			10,231			10,439
	Total	$	3,049		$	439		$	15,183		$	18,671		$	1,050,177		$	1,068,848
	% of Total Loans		0.3	%		0	%		1.4	%		1.7	%		98.3	%		100	%
Summary of impaired loans	The following table presents the Company’s impaired loans disaggregated by class for the years ended December 31, 2014 and 2013 (in thousands).

		31-Dec-14									31-Dec-13
		Unpaid			Recorded			Allowance			Unpaid			Recorded			Allowance
		Principal			Balance			Allocated			Principal			Balance			Allocated
		Balance									Balance
	With no allowance recorded:
	Commercial and industrial	$	4,833		$	4,833		$	-		$	6,711		$	6,711		$	-
	Commercial real estate		10,632			10,214			-			12,239			11,821			-
	Residential mortgages		1,645			1,516			-			2,305			2,176			-
	Home equity		1,377			1,377			-			891			891			-
	Consumer		137			137			-			25			9			-
	Subtotal		18,624			18,077			-			22,171			21,608			-

	With an allowance recorded:
	Commercial and industrial		57			56			16			1,043			1,043			41
	Residential mortgages		3,906			3,906			809			2,873			2,873			709
	Home equity		326			190			92			328			191			93
	Consumer		185			186			88			274			275			102
	Subtotal		4,474			4,338			1,005			4,518			4,382			945
	Total	$	23,098		$	22,415		$	1,005		$	26,689		$	25,990		$	945

	The following table presents the Company’s average recorded investment in impaired loans and the related interest income recognized disaggregated by class for the years ended December 31, 2014, 2013 and 2012 (in thousands). No interest income was recognized on a cash basis on impaired loans for any of the periods presented. The interest income recognized on accruing impaired loans is shown in the following table.

		Years Ended December 31,
		2014						2013						2012
		Average recorded investment in			Interest income recognized on			Average recorded investment in			Interest income recognized on			Average recorded investment in			Interest income recognized on
		impaired loans			impaired loans			impaired loans			impaired loans			impaired loans			impaired loans
	Commercial and industrial	$	6,961		$	730		$	12,065		$	800		$	23,215		$	447
	Commercial real estate		10,823			251			11,556			1,041			38,477			501
	Real estate construction		-			-			488			114			13,681			410
	Residential mortgages		5,094			207			4,970			102			9,538			127
	Home equity		804			83			814			15			2,607			13
	Consumer		248			18			235			22			429			-
	Total	$	23,930		$	1,289		$	30,128		$	2,094		$	87,947		$	1,498
Summary of impaired and non-accrual loans	The following table presents a summary of non-performing assets for each period (in thousands):

		31-Dec-14			31-Dec-13
	Non-accrual loans	$	12,981		$	15,183
	Non-accrual loans held for sale		-			-
	Loans 90 days past due and still accruing		-			-
	OREO		-			-
	Total non-performing assets	$	12,981		$	15,183
	TDRs accruing interest	$	9,380		$	10,647
	TDRs non-accruing	$	10,293		$	5,438
Summarizes non-accrual loans by loan class	At December 31, 2014 and 2013, non-accrual loans disaggregated by class were as follows (dollars in thousands):

		31-Dec-14												31-Dec-13
		Non-accrual loans			% of			Total Loans			% of Total Loans			Non-accrual loans			% of			Total Loans			% of Total Loans
		Non-accrual loans			Total			Total Loans			% of Total Loans			Non-accrual loans			Total			Total Loans			% of Total Loans
	Commercial and industrial	$	4,060			31.3	%	$	177,813			0.3	%	$	5,014			33	%	$	171,199			0.4	%
	Commercial real estate		6,556			50.5			560,524			0.5			7,492			49.3			464,560			0.7
	Multifamily		-			-			309,666			-			-			-			184,624			-
	Mixed use commercial		-			-			34,806			-			-			-			4,797			-
	Real estate construction		-			-			26,206			-			-			-			6,565			-
	Residential mortgages		2,020			15.6			187,828			0.1			1,897			12.5			169,552			0.2
	Home equity		303			2.3			50,982			0.1			647			4.3			57,112			0.1
	Consumer		42			0.3			7,602			-			133			0.9			10,439			-
	Total	$	12,981			100	%	$	1,355,427			1	%	$	15,183			100	%	$	1,068,848			1.4	%
Summary of the activity in the allowance for loan losses by loan class	The following summarizes the activity in the allowance for loan losses disaggregated by class for the periods indicated (in thousands):

		Year ended December 31, 2014															Year ended December 31, 2013
		Balance at beginning of period			Charge-offs			Recoveries			(Credit) provision for loan losses			Balance at end of period			Balance at beginning of period			Charge-offs			Recoveries			(Credit) provision for loan losses			Balance at end of period
	Commercial and industrial	$	2,615		$	(420	)	$	797		$	(1,432	)	$	1,560		$	6,181		$	(2,867	)	$	2,077		$	(2,776	)	$	2,615
	Commercial real estate		6,572			-			519			(314	)		6,777			5,965			(383	)		97			893			6,572
	Multifamily		2,159			-			-			1,859			4,018			150			-			-			2,009			2,159
	Mixed use commercial		54			-			-			207			261			34			-			-			20			54
	Real estate construction		88			-			-			295			383			141			-			-			(53	)		88
	Residential mortgages		2,463			(32	)		16			580			3,027			1,576			(126	)		5			1,008			2,463
	Home equity		745			-			50			(86	)		709			907			(558	)		32			364			745
	Consumer		241			(40	)		47			(82	)		166			189			(166	)		121			97			241
	Unallocated		2,326			-			-			(27	)		2,299			2,638			-			-			(312	)		2,326
	Total	$	17,263		$	(492	)	$	1,429		$	1,000		$	19,200		$	17,781		$	(4,100	)	$	2,332		$	1,250		$	17,263



		Year ended December 31, 2012
		Balance at beginning of			Charge-offs			Recoveries			(Credit)			Balance at
		period									provision			end of
											for loan			period
											losses
	Commercial and industrial	$	25,047		$	(8,534	)	$	2,456		$	(12,788	)	$	6,181
	Commercial real estate		10,470			(15,794	)		-			11,289			5,965
	Multifamily		559			-			-			(409	)		150
	Mixed use commercial		-			-			-			34			34
	Real estate construction		623			(3,671	)		340			2,849			141
	Residential mortgages		2,401			(3,727	)		115			2,787			1,576
	Home equity		512			(1,953	)		246			2,102			907
	Consumer		313			(267	)		112			31			189
	Unallocated		33			-			-			2,605			2,638
	Total	$	39,958		$	(33,946	)	$	3,269		$	8,500		$	17,781
Credit risk profile by internally assigned grade	The following presents the Company’s loan portfolio credit risk profile by internally assigned grade disaggregated by class of loan at December 31, 2014 and 2013 (in thousands).

		31-Dec-14												31-Dec-13
		Grade												Grade
		Pass			Special mention			Substandard			Total			Pass			Special mention			Substandard			Total
	Commercial and industrial	$	167,922		$	1,225		$	8,666		$	177,813		$	158,536		$	2,934		$	9,729		$	171,199
	Commercial real estate		536,536			9,182			14,806			560,524			440,505			2,817			21,238			464,560
	Multifamily		309,666			-			-			309,666			184,624			-			-			184,624
	Mixed use commercial		34,806			-			-			34,806			4,797			-			-			4,797
	Real estate construction		26,206			-			-			26,206			6,565			-			-			6,565
	Residential mortgages		183,263			-			4,565			187,828			164,559			-			4,993			169,552
	Home equity		49,569			-			1,413			50,982			56,379			-			733			57,112
	Consumer		7,279			-			323			7,602			10,156			-			283			10,439
	Total	$	1,315,247		$	10,407		$	29,773		$	1,355,427		$	1,026,121		$	5,751		$	36,976		$	1,068,848
	% of Total		97	%		0.8	%		2.2	%		100	%		96	%		0.5	%		3.5	%		100	%
Troubled debt restructurings	Outstanding TDRs, disaggregated by class, at December 31, 2014 and 2013 are as follows (dollars in thousands):

		31-Dec-14						31-Dec-13
	TDRs Outstanding	Number of			Outstanding Recorded			Number of			Outstanding Recorded
	TDRs Outstanding	Loans			Balance			Loans			Balance
	Commercial and industrial		31		$	3,683			43		$	6,022
	Commercial real estate		8			10,179			7			6,022
	Residential mortgages		19			4,314			17			3,891
	Home equity		5			1,216			-			-
	Consumer		7			281			3			150
	Total		70		$	19,673			70		$	16,085

	The following presents, disaggregated by class, information regarding TDRs executed during the years ended December 31, 2014, 2013 and 2012 (dollars in thousands):

		Years Ended December 31,
		2014									2013
	New TDRs	Number of			Pre-Modification Outstanding Recorded			Post-Modification Outstanding Recorded			Number of			Pre-Modification Outstanding Recorded			Post-Modification Outstanding Recorded
	New TDRs	Loans			Balance			Balance			Loans			Balance			Balance
	Commercial and industrial		10		$	1,877		$	1,877			8		$	2,484		$	2,484
	Commercial real estate		2			5,161			5,161			3			3,025			3,025
	Residential mortgages		4			581			581			4			924			924
	Home equity		5			1,219			1,219			-			-			-
	Consumer		4			145			145			1			17			17
	Total		25		$	8,983		$	8,983			16		$	6,450		$	6,450



		Year Ended December 31,
		2012
	New TDRs	Number of			Pre-Modification Outstanding Recorded			Post-Modification Outstanding Recorded
	New TDRs	Loans			Balance			Balance
	Commercial and industrial		17		$	6,674		$	6,674
	Residential mortgages		6			1,617			1,617
	Consumer		1			49			49
	Total		24		$	8,340		$	8,340

	Presented below and disaggregated by class is information regarding loans modified as TDRs that had payment defaults of 90 days or more within twelve months of restructuring during the years ended December 31, 2014, 2013 and 2012 (dollars in thousands):

		Years Ended December 31,
		2014						2013						2012
	Defaulted TDRs	Number of Loans			Outstanding Recorded			Number of			Outstanding Recorded			Number of			Outstanding Recorded
	Defaulted TDRs	Number of Loans			Balance			Loans			Balance			Loans			Balance
	Commercial and industrial		-		$	-			-		$	-			2		$	1,125
	Commercial real estate		2			1,529			1			390			-			-
	Residential mortgages		-			-			1			310			2			807
	Total		2		$	1,529			2		$	700			4		$	1,932

PREMISES_AND_EQUIPMENT_Tables

PREMISES AND EQUIPMENT (Tables)	12 Months Ended
PREMISES AND EQUIPMENT (Tables)	Dec. 31, 2014
PREMISES AND EQUIPMENT [Abstract]
PREMISES AND EQUIPMENT	At December 31, 2014 and 2013, premises and equipment consisted of the following (in thousands):

		Estimated	2014			2013
		Useful Lives	2014			2013
	Land	Indefinite	$	3,021		$	3,201
	Premises	30 - 40 years		33,219			27,570
	Furniture, fixtures & equipment	3 - 7 years		16,349			28,669
	Leasehold improvements	2 - 25 years		3,627			3,825
				56,216			63,265
	Accumulated depreciation and amortization			(32,575	)		(38,004	)
	Balance at end of year		$	23,641		$	25,261

DEPOSITS_Tables

DEPOSITS (Tables)	12 Months Ended
DEPOSITS (Tables)	Dec. 31, 2014
DEPOSITS [Abstract]
Schedule of contractual maturities of time deposits	Scheduled maturities of certificates of deposit are as follows (in thousands):

	Year During Which Time Deposit Matures	Time Deposits > $100,000		Other Time Deposits
	2015	$	146,327	$	42,501
	2016		8,782		7,870
	2017		2,901		4,089
	2018		1,512		2,038
	2019		1,327		1,412
	Total	$	160,849	$	57,910

BORROWINGS_Tables

BORROWINGS (Tables)	12 Months Ended
BORROWINGS (Tables)	Dec. 31, 2014
BORROWINGS [Abstract]
Schedule of components of short- and long-term interest-bearing liabilities	The following summarizes borrowed funds at December 31, 2014 and 2013 (dollars in thousands):

	31-Dec-14	Federal Home Loan Bank Borrowings			Federal Funds Purchased			Total
	Daily average outstanding	$	13,051		$	8		$	13,059
	Total interest cost		48			-			48
	Average interest rate paid		0.37	%		0.46	%		0.37	%
	Maximum amount outstanding at any month-end	$	130,000		$	-		$	130,000
	December 31 balance		130,000			-			130,000
	Weighted-average interest rate on balances outstanding		0.32	%		-	%		0.32	%

	31-Dec-13	Federal Home Loan Bank Borrowings			Federal Funds Purchased			Total
	Daily average outstanding	$	5		$	17		$	22
	Total interest cost		-			-			-
	Average interest rate paid		0.39	%		0.37	%		0.37	%
	Maximum amount outstanding at any month-end	$	-		$	-		$	-
	December 31 balance		-			-			-
	Weighted-average interest rate on balances outstanding		-	%		-	%		-	%

STOCKHOLDERS_EQUITY_Tables

STOCKHOLDERS' EQUITY (Tables)	12 Months Ended
STOCKHOLDERS' EQUITY (Tables)	Dec. 31, 2014
STOCKHOLDERS EQUITY [Abstract]
Options granted, exercised, or expired	A summary of stock option activity follows:

			Number of Shares				Weighted-Average Exercise Price
			Number of Shares				Per Share
	Outstanding, January 1, 2012			111,500			$	22.57
	Granted			130,000			$	13.15
	Exercised			-				-
	Forfeited or expired			(30,000	)		$	32.23
	Outstanding, December 31, 2012			211,500			$	15.41
	Granted			111,500			$	17.31
	Exercised			(6,667	)		$	13.44
	Forfeited or expired			(25,333	)		$	15.5
	Outstanding, December 31, 2013			291,000			$	16.18
	Granted			-				-
	Exercised			(18,735	)		$	13.18
	Forfeited or expired			(21,165	)		$	16.95
	Outstanding, December 31, 2014			251,100			$	16.33
Additional information	The following table presents the Black-Scholes parameters for stock options granted during the past three years:

			2014				2013				2012
	Risk-free interest rate			-	%			1.22	%			0.78	%
	Expected dividend yield			-				-				-
	Expected life in years			-				10				10
	Expected volatility			-	%			42.95	%			43.03	%
	Weighted average fair value		$	-			$	9.24			$	7.13
Summary of options outstanding and exercisable	The following summarizes shares subject to purchase from stock options outstanding and exercisable as of December 31, 2014:

					Outstanding									Exercisable
	Range of Exercise Prices				Shares			Weighted-Average		Weighted-Average Exercise Price				Shares		Weighted-Average	Weighted-Average Exercise Price
								Remaining								Remaining
								Contractual Life								Contractual Life
	$	10.00 - $14.00				120,000		7.1 years		$	11.97				63,336	7.2 years	$	12.28
	$	14.01 - $20.00				104,100		8.5 years		$	17.33				35,104	8.5 years	$	17.35
	$	20.01 - $30.00				5,000		4.1 years		$	28.3				5,000	4.1 years	$	28.3
	$	30.01 - $40.00				22,000		1.6 years		$	32.69				22,000	1.6 years	$	32.69
						251,100		7.2 years		$	16.33				125,440	6.4 years	$	17.92
Summary of restricted stock activity	A summary of restricted stock activity follows:

			Number				Weighted-Average
			of Shares				Grant-Date
							Fair Value
	Nonvested, January 1, 2014			-				-
	Granted			77,000			$	22.51
	Vested			-				-
	Forfeited or expired			(4,650	)		$	22.51
	Nonvested, December 31, 2014			72,350			$	22.51

INCOME_TAXES_Tables

INCOME TAXES (Tables)	12 Months Ended
INCOME TAXES (Tables)	Dec. 31, 2014
INCOME TAXES [Abstract]
Schedule of components of income tax (benefit) provision	The following table presents the expense (benefit) for income taxes in the consolidated statements of operations which is comprised of the following (in thousands):

				2014				2013			2012
	Current:	Federal		$	5,208			$	135		$	(4,126	)
		State			223				510			280
					5,431				645			(3,846	)
	Deferred:	Federal			(885	)			3,046			1,412
		State			(747	)			31			1,162
					(1,632	)			3,077			2,574
	Valuation allowance				(79	)			-			558
	Total			$	3,720			$	3,722		$	(714	)
Schedule of effective income tax rate reconciliation	The total tax expense (benefit) was different from the amounts computed by applying the federal income tax rate because of the following:

			2014				2013			2012
	Federal income tax expense (benefit) at statutory rates			35	%			34	%		(34	)%
	Surtax exemption			(1	)			-			-
	Tax-exempt income			(14	)			(14	)		(82	)
	State income taxes, net of federal benefit			1				2			26
	Deferred tax asset adjustment			(2	)			-			62
	Other			1				1			(1	)
	Total			20	%			23	%		(29	)%
Schedule of deferred tax assets and liabilities	The effects of temporary differences between tax and financial accounting that create significant deferred tax assets and liabilities and the recognition of income and expense for purposes of tax and financial reporting are presented below (in thousands):

			2014				2013			2012
	Deferred tax assets:
	Allowance for loan losses		$	7,576			$	6,269		$	6,458
	Post-retirement benefits			-				-			571
	Deferred compensation			1,652				1,588			1,642
	Stock-based compensation			459				668			458
	Unrealized losses on securities available for sale			-				2,336			-
	Realized losses on securities reclassed from available for sale to held to maturity			1,180				-			-
	Unfunded pension obligation			2,496				94			2,826
	Alternative Minimum Tax credit			3,925				668			537
	Net operating loss carryforward			1,169				2,864			5,277
	Other			992				961			1,300
	Total deferred tax assets			19,449				15,448			19,069
	Deferred tax liabilities:
	Unrealized gains on securities available for sale			(1,724	)			-			(6,019	)
	Other			(842	)			(961	)		(1,107	)
	Total deferred tax liabilities			(2,566	)			(961	)		(7,126	)
	Valuation allowance			(1,169	)			(534	)		(558	)
	Net deferred tax asset		$	15,714			$	13,953		$	11,385
Schedule of changes in unrecognized tax benefits	The Company had unrecognized tax benefits of approximately $34 thousand at December 31, 2014, 2013 and 2012. Changes in unrecognized tax benefits consist of the following (in thousands):

			2014				2013			2012
	Balance January 1		$	34			$	34		$	38
	Additions from current year tax positions			-				-			1
	Reductions for prior year tax positions			-				-			(5	)
	Balance December 31		$	34			$	34		$	34

EMPLOYEE_BENEFITS_Tables

EMPLOYEE BENEFITS (Tables)	12 Months Ended
EMPLOYEE BENEFITS (Tables)	Dec. 31, 2014
EMPLOYEE BENEFITS [Abstract]
Schedule of changes in benefit obligation	The following table sets forth the plan’s change in benefit obligation (in thousands):

		2014			2013			2012
	Benefit obligation at beginning of year	$	41,713		$	45,376		$	53,028
	Service cost		-			-			2,665
	Interest cost		2,158			1,993			2,218
	Actuarial loss (gain)		7,709			(3,970	)		(3,789	)
	Benefits paid		(1,846	)		(1,686	)		(1,777	)
	Curtailment		-			-			(6,969	)
	Benefit obligation at end of year	$	49,734		$	41,713		$	45,376
Schedule of changes in fair value of plan assets	The following table sets forth the plan’s change in plan assets (in thousands):

		2014			2013			2012
	Fair value of plan assets at beginning of year	$	41,456		$	37,595		$	34,817
	Actual return on plan assets		2,992			5,758			3,615
	Employer contribution		1,000			-			1,000
	Benefits paid and actual expenses		(2,017	)		(1,897	)		(1,837	)
	Fair value of plan assets at end of year	$	43,431		$	41,456		$	37,595
Schedule of funded status and amounts recognized in Consolidated Statements Of Condition	The following table presents the plan’s funded status and amounts recognized in the consolidated statements of condition (in thousands):

		2014			2013
	Underfunded status	$	(6,303	)	$	(258	)
	Amount included in other liabilities	$	(6,303	)	$	(258	)
	Accumulated benefit obligation	$	49,734		$	41,713
Schedule of estimated benefits payments	The following table presents estimated benefits to be paid during the years indicated (in thousands):

	2015	$	1,996
	2016		2,084
	2017		2,202
	2018		2,271
	2019		2,348
	2020-2024		12,787
Schedule of net periodic pension cost	The following table summarizes the net periodic pension (credit) cost (in thousands):

		2014			2013			2012
	Service cost	$	-		$	-		$	2,665
	Interest cost on projected benefit obligation		2,158			1,993			2,218
	Expected return on plan assets		(2,548	)		(2,302	)		(2,362	)
	Amortization of net loss		25			245			1,628
	Curtailment gain		-			-			(1	)
	Net periodic pension (credit) cost		(365	)		(64	)		4,148
	Other changes in plan assets and benefit obligation recognized in other comprehensive income:
	Net actuarial loss (gain)		7,435			(7,215	)		(4,982	)
	Amortization of net (loss) gain		(25	)		(245	)		(1,630	)
	Amortization of prior service cost		-			-			2
	Curtailment		-			-			(6,968	)
	Total recognized in other comprehensive income		7,410			(7,460	)		(13,578	)
	Total recognized in net periodic pension (credit) cost and other comprehensive income	$	7,045		$	(7,524	)	$	(9,430	)
	Weighted-average discount rate for the period		5.33	%		4.5	%		4.27	%
	Rate of increase in future compensation		0	%		0	%		3.5	%
	Expected long-term rate of return on assets		7	%		7	%		7	%
Assumptions used in the measurement of the Company's pension obligation	The assumptions used in the measurement of the Company’s pension obligation at December 31, 2014 and 2013 were:

		2014			2013
	Discount rate		4.32	%		5.33	%
	Rate of increase in future compensation		0	%		0	%
	Expected long-term rate of return on assets		N/	A		N/	A
Schedule of expected net periodic pension cost in next fiscal year	The following table summarizes the net periodic pension credit expected for the year ended December 31, 2015. This amount is subject to change if a significant plan-related event should occur before the end of fiscal 2015 (in thousands):

		Projected 2015
	Service cost	$	-
	Interest cost on projected benefit obligation		2,099
	Expected return on plan assets		(2,792	)
	Amortization of net loss		248
	Net periodic pension credit	$	(445	)
	Weighted-average discount rate for the period		4.32	%
	Rate of increase in future compensation		0	%
	Expected long-term rate of return on assets		7	%
Schedule of pension plan weighted-average asset allocations	The Company’s pension plan weighted-average asset allocations at December 31, 2014 and 2013, by asset category were as follows:

		At December 31,
	Asset category	2014			2013
	Cash		3	%		1	%
	Equity securities		57			60
	Debt securities		40			39
	Total		100	%		100	%
Schedule of fair value measurements of pension plan assets on a recurring basis	The following table summarizes the fair value measurements of the Company’s pension plan assets on a recurring basis as of December 31, 2014 (in thousands):

		Fair Value Measurements Using
	Description	Active Markets for Identical Assets Quoted Prices (Level 1)			Significant Other Observable Inputs (Level 2)			Total
	Short-term investment funds	$	1,423		$	-		$	1,423
	Common collective trusts:
	U.S. equity securities		9,389			-			9,389
	Non - U.S. equity securities		15,123			-			15,123
	U.S. fixed income securities		-			15,152			15,152
	Non - U.S. fixed income securities		-			2,344			2,344
	Total	$	25,935		$	17,496		$	43,431

	The following table summarizes the fair value measurements of the Company’s pension plan assets on a recurring basis as of December 31, 2013 (in thousands):

		Fair Value Measurements Using
	Description	Active Markets for Identical Assets Quoted Prices (Level 1)			Significant Other Observable Inputs (Level 2)			Total
	Short-term investment funds	$	290		$	-		$	290
	Common collective trusts:
	U.S. equity securities		9,395			-			9,395
	Non - U.S. equity securities		15,654			-			15,654
	U.S. fixed income securities		-			13,692			13,692
	Non - U.S. fixed income securities		-			2,425			2,425
	Total	$	25,339		$	16,117		$	41,456
Schedule of pension plan target asset allocations	The following table presents target investment allocations for 2015 by asset category:

	Asset Category	Target Allocation
	Asset Category	2015
	Cash equivalents		0 - 5	%
	Equity securities		54 - 64	%
	Fixed income securities		36 - 46	%

COMMITMENTS_AND_CONTINGENT_LIA1

COMMITMENTS AND CONTINGENT LIABILITIES (Tables)	12 Months Ended
COMMITMENTS AND CONTINGENT LIABILITIES (Tables)	Dec. 31, 2014
COMMITMENTS AND CONTINGENT LIABILITIES [Abstract]
Maturity of outstanding letter of credit	The Company was contingently liable under standby letters of credit in the amount of $17 million and $18 million at December 31, 2014 and 2013, respectively. The outstanding letters of credit as of December 31, 2014 expire as follows (in thousands):

	2015	$	16,732
	2016		500
	Total	$	17,232
Minimum annual rentals, exclusive of taxes and other charges under non-cancelable operating leases	At December 31, 2014, the Company was obligated under a number of non-cancelable leases for land and buildings used for bank purposes. Minimum annual rentals, exclusive of taxes and other charges under non-cancelable operating leases, are as follows (in thousands):

		Capital		Operating
		Leases		Leases
	2015	$	317	$	1,742
	2016		329		1,514
	2017		341		1,372
	2018		347		1,031
	2019		354		879
	Thereafter		4,706		1,285
	Total minimum lease payments		6,394	$	7,823
	Less: amounts representing interest		1,883
	Present value of minimum lease payments	$	4,511

REGULATORY_MATTERS_Tables

REGULATORY MATTERS (Tables)	12 Months Ended
REGULATORY MATTERS (Tables)	Dec. 31, 2014
REGULATORY MATTERS [Abstract]
The Bank's actual capital amounts and ratios	The Bank’s capital amounts (in thousands) and ratios are as follows:

		Actual capital ratios					Minimum for capital adequacy					Minimum to be Well Capitalized under prompt corrective action provisions
		Amount		Ratio			Amount		Ratio			Amount		Ratio
	31-Dec-14
	Total capital to risk-weighted assets	$	201,476		13.25	%	$	121,608		8	%	$	152,010		10	%
	Tier 1 capital to risk-weighted assets		182,469		12	%		60,804		4	%		91,206		6	%
	Tier 1 capital to adjusted average assets (leverage)		182,469		9.96	%		73,312		4	%		91,640		5	%

	31-Dec-13
	Total capital to risk-weighted assets	$	181,952		14.92	%	$	97,542		8	%	$	121,927		10	%
	Tier 1 capital to risk-weighted assets		166,683		13.67	%		48,771		4	%		73,156		6	%
	Tier 1 capital to adjusted average assets (leverage)		166,683		9.74	%		68,454		4	%		85,567		5	%

CONCENTRATIONS_Tables

CONCENTRATIONS (Tables)	12 Months Ended
CONCENTRATIONS (Tables)	Dec. 31, 2014
CONCENTRATIONS [Abstract]
Schedules of loan portfolio disaggregated by class of loan and investment portfolio disaggregated by category of security	The following table presents the Company’s loan portfolio disaggregated by class of loan at December 31, 2014 and each class’s percentage of total loans and total assets (dollars in thousands):

	At December 31,	2014		% of total loans			% of total assets
	Commercial and industrial	$	177,813		13.1	%		9.4	%
	Commercial real estate		560,524		41.4			29.6
	Multifamily		309,666		22.8			16.3
	Mixed use commercial		34,806		2.6			1.8
	Real estate construction		26,206		1.9			1.4
	Residential mortgages		187,828		13.9			9.9
	Home equity		50,982		3.8			2.7
	Consumer		7,602		0.5			0.4
	Total loans	$	1,355,427		100	%		71.5	%

	The following presents the Company’s investment portfolio disaggregated by category of security at December 31, 2014 and each category’s percentage of total investment securities and total assets (dollars in thousands):

	At December 31,	2014		% of total investment securities			% of total assets
	U.S. Government agency securities	$	89,942		24.9	%		4.7	%
	Corporate bonds		6,408		1.8			0.3
	Collateralized mortgage obligations		21,997		6.1			1.2
	Mortgage-backed securities		90,919		25.2			4.8
	Obligations of states and political subdivisions		151,674		42			8
	Total investment securities	$	360,940		100	%		19	%

FAIR_VALUE_Tables

FAIR VALUE (Tables)	12 Months Ended
FAIR VALUE (Tables)	Dec. 31, 2014
FAIR VALUE [Abstract]
Carrying amounts and fair values of financial instruments	The following table presents the carrying amounts and fair values of the Company’s financial instruments (in thousands).

		Level in			31-Dec-14								31-Dec-13
		Fair Value Hierarchy			Carrying Amount				Fair				Carrying Amount		Fair
		Fair Value Hierarchy			Carrying Amount				Value				Carrying Amount		Value

	Financial Assets:
	Cash and due from banks	Level 1			$	54,516			$	54,516			$	131,352	$	131,352
	Federal funds sold	Level 2				1,000				1,000				1,000		1,000
	Interest-bearing time deposits in other banks	Level 2				10,000				10,017				10,000		10,000
	Federal Reserve Bank, Federal Home Loan
	Bank and other stock	N/A				8,600				N/A				2,863		N/A
	Investment securities held to maturity	Level 2				62,270				64,796				11,666		12,234
	Investment securities available for sale	Level 2				298,670				298,670				400,780		400,780
	Loans held for sale	Level 2				26,495				26,495				175		175
	Loans, net of allowance	Level 2, 3 (1)				1,336,227				1,329,041				1,051,585		1,056,279
	Accrued interest and loan fees receivable	Level 2				5,676				5,676				5,441		5,441

	Financial Liabilities:
	Non-maturity deposits	Level 2				1,337,301				1,337,301				1,284,982		1,284,982
	Time deposits	Level 2				218,759				219,089				225,079		225,946
	Borrowings	Level 2				130,000				130,004				-		-
	Accrued interest payable	Level 2				136				136				160		160
	Derivatives	Level 3				752				752				932		932

	(1) Impaired loans are generally classified within Level 3 of the fair value hierarchy.
Assets measured at fair value on a non-recurring basis	Assets measured at fair value on a non-recurring basis are as follows (in thousands):

	Assets:	31-Dec-14			Fair Value Measurements Using Significant Unobservable Inputs (Level 3)
	Impaired loans (1)	$	16,559		$	16,559
	Total	$	16,559		$	16,559

	(1) Collateral dependent.

	Assets:	31-Dec-13			Fair Value Measurements Using Significant Unobservable Inputs (Level 3)
	Impaired loans (1)	$	16,942		$	16,942
	Total	$	16,942		$	16,942

	(1) Collateral dependent.
Fair Value Inputs, Liabilities, Quantitative Information	The following presents quantitative information about Level 3 fair value measurements for financial instruments measured at fair value on a non-recurring basis (dollars in thousands):

		Fair Value at December 31,						Valuation	Unobservable
	Assets:	2014			2013			Technique	Inputs		Discount
	Impaired loans (1):

	Commercial and industrial	$	3,049		$	3,384		Third party appraisal and/or internal evaluation	Discount to appraised value (2), (3); estimated selling costs		5.6% to 50%

	Commercial real estate		6,521			7,426		Third party appraisal and/or internal evaluation	Discount to appraised value (3); estimated selling costs		5.6% to 6.6%

	Residential mortgages		5,422			5,050		Third party appraisal	Discount to appraised value (3); estimated selling costs			25%

	Home equity		1,567			1,082		Third party appraisal	Discount to appraised value (3); estimated selling costs			25%
	Total	$	16,559		$	16,942

	(1) Collateral dependent.
	(2) The Company also makes adjustments to the appraised value based upon evaluation of corporate assets, such as inventory and accounts receivable, and other factors. Higher discounts may be applied to certain assets, such as inventory and accounts receivable.
	(3) The Company also makes adjustments to the appraised value based upon various information known to management about the property, market conditions and other factors.
Valuation of financial instruments measured at fair value on recurring basis	The following presents fair value measurements on a recurring basis as of December 31, 2014 and 2013 (in thousands):

					Fair Value Measurements Using
					Significant Other Observable Inputs				Significant Unobservable Inputs
	Assets:	31-Dec-14			(Level 2)				(Level 3)
	U.S. Government agency securities	$	41,577		$	41,577			$	-
	Corporate bonds		6,408			6,408				-
	Collateralized mortgage obligations		21,997			21,997				-
	Mortgage-backed securities		90,919			90,919				-
	Obligations of states and political
	subdivisions		137,769			137,769				-
	Total	$	298,670		$	298,670			$	-

	Liabilities:
	Derivatives		752		$	-			$	752
	Total	$	752		$	-			$	752



					Fair Value Measurements Using
					Significant Other Observable Inputs				Significant Unobservable Inputs
	Assets:	31-Dec-13			(Level 2)				(Level 3)
	U.S. Government agency securities	$	100,095		$	100,095			$	-
	Corporate bonds		15,651			15,651				-
	Collateralized mortgage obligations		30,104			30,104				-
	Mortgage-backed securities		97,767			97,767				-
	Obligations of states and political
	subdivisions		157,163			157,163				-
	Total	$	400,780		$	400,780			$	-

	Liabilities:
	Derivatives		932		$	-			$	932
	Total	$	932		$	-			$	932
Changes in Level 3 assets and liabilities measured at fair value on a recurring basis	Reconciliations for assets and liabilities measured at fair value on a recurring basis using significant unobservable inputs (Level 3) for the years ended December 31, 2014, 2013 and 2012 follow (in thousands).

	Fair Value Measurements Using Significant Unobservable Inputs (Level 3)
		Assets			Liabilities
		Collateralized Mortgage Obligations			Derivatives
	Balance at January 1, 2012	$	7,994		$	-
	Sales		(7,994	)		-
	Balance at December 31, 2012		-			-
	Net increases		-			932
	Balance at December 31, 2013		-			932
	Net decreases		-			(180	)
	Balance at December 31, 2014	$	-		$	752

SUFFOLK_BANCORP_PARENT_COMPANY1

SUFFOLK BANCORP (PARENT COMPANY ONLY) CONDENSED FINANCIAL STATEMENTS (Tables)	12 Months Ended
	Dec. 31, 2014
SUFFOLK BANCORP (PARENT COMPANY ONLY) CONDENSED FINANCIAL STATEMENTS [Abstract]
Condensed Financial Statements	Condensed Statements of Condition at December 31,	2014			2013			2012
	Assets:
	Due from banks	$	1,322		$	605		$	515
	Investment in the Bank		180,926			165,924			163,007
	Other assets		674			669			463
	Total Assets	$	182,922		$	167,198		$	163,985
	Liabilities and Stockholders' Equity:
	Other liabilities	$	189		$	-		$	-
	Stockholders' Equity		182,733			167,198			163,985
	Total Liabilities and Stockholders' Equity	$	182,922		$	167,198		$	163,985



	Condensed Statements of Operations and Comprehensive Income for the Years Ended December 31,	2014			2013			2012
	Income:
	Dividends from the Bank	$	1,399		$	-		$	-
	Other income		176			-			-
	Expense:
	Other expense		837			372			358
	Income (loss) before equity in undistributed net income (loss) of the Bank		738			(372	)		(358	)
	Equity in undistributed earnings (loss) of the Bank		14,557			13,090			(1,390	)
	Net income (loss)	$	15,295		$	12,718		$	(1,748	)
	Total Comprehensive Income	$	15,741		$	2,543		$	4,208

	Condensed Statements of Cash Flows for the Years Ended December 31,	2014			2013			2012
	Cash Flows From Operating Activities:
	Net income (loss)	$	15,295		$	12,718		$	(1,748	)
	Less: equity in undistributed (earnings) loss of the Bank		(14,557	)		(13,090	)		1,390
	Stock-based compensation		811			579			458
	Increase in other assets		(4	)		(208	)		(130	)
	Increase (decrease) in other liabilities		189			-			(119	)
	Net cash provided by (used in) operating activities		1,734			(1	)		(149	)
	Cash Flows From Investing Activities:
	Advances to the Bank		-			-			(22,500	)
	Net cash used in investing activities		-			-			(22,500	)
	Cash Flows From Financing Activities:
	Dividend reinvestment and stock option exercises		382			91			-
	Proceeds from issuance of capital stock		-			-			22,759
	Dividends paid		(1,399	)		-			-
	Net cash (used in) provided by financing activities		(1,017	)		91			22,759
	Net Increase in Cash and Cash Equivalents		717			90			110
	Cash and Cash Equivalents, Beginning of Year		605			515			405
	Cash and Cash Equivalents, End of Year	$	1,322		$	605		$	515

SELECTED_QUARTERLY_FINANCIAL_D1

SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED) (Tables)	12 Months Ended
SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED) (Tables)	Dec. 31, 2014
SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED) [Abstract]
Selected Quarterly Financial Data	16. SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED) (dollars in thousands, except per share data)

		2014								2013
		4th Quarter		3rd Quarter		2nd Quarter		1st Quarter		4th Quarter		3rd Quarter		2nd Quarter		1st Quarter
	Interest income	$	16,783	$	16,164	$	16,171	$	15,935	$	15,969	$	14,705	$	14,560	$	14,444
	Interest expense		638		615		629		637		682		733		747		768
	Net interest income		16,145		15,549		15,542		15,298		15,287		13,972		13,813		13,676
	Provision for loan losses (1)		250		250		250		250		1,250		-		-		-
	Net interest income after provision for loan losses		15,895		15,299		15,292		15,048		14,037		13,972		13,813		13,676
	Non-interest income (2)		2,580		2,550		2,678		3,092		7,139		6,587		2,464		3,317
	Operating expenses (3)		13,722		13,236		13,152		13,309		16,982		15,090		12,692		13,801
	Income tax expense		687		875		1,047		1,111		866		1,557		816		483
	Net income	$	4,066	$	3,738	$	3,771	$	3,720	$	3,328	$	3,912	$	2,769	$	2,709
	Net income per common share - basic	$	0.35	$	0.32	$	0.33	$	0.32	$	0.29	$	0.34	$	0.24	$	0.23
	Net income per common share - diluted	$	0.35	$	0.32	$	0.32	$	0.32	$	0.29	$	0.34	$	0.24	$	0.23
	Cash dividends per common share	$	0.06	$	0.06	$	-	$	-	$	-	$	-	$	-	$	-

	(1) 4th quarter 2013 amount reflects the impact of a charge-off of $1.5 million related to the sale of $8 million in non-performing and classified loans.

	(2) 4th quarter 2013 and 3rd quarter 2013 amounts include gains on Visa shares sold of $3.9 million and $3.8 million, respectively.

	(3) 4th quarter 2013 and 3rd quarter 2013 amounts include branch consolidation costs of $1.6 million and $460 thousand, respectively. Also included are reserve and carrying costs related to Visa shares sold totaling $515 thousand and $474 thousand for the 4th and 3rd quarter 2013, respectively.

SUMMARY_OF_SIGNIFICANT_ACCOUNT3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) (USD $)	12 Months Ended
Share data in Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
	Corporation	Dec. 31, 2013	Dec. 31, 2012
Weighted Average Number of Shares Outstanding Reconciliation [Abstract]
Weighted average common shares outstanding (in shares)	11,582,807	11,570,731	10,248,751
Weighted average unvested restricted shares (in shares)	43,547	0	0
Weighted average shares for basic earnings per share (in shares)	11,626,354	11,570,731	10,248,751
Additional diluted shares: [Abstract]
Stock options	55,788	20,390	0
Weighted average shares for diluted earnings per share (in shares)	11,682,142	11,591,121	10,248,751
Organization and Nature of Operations [Abstract]
Ownership percentage (in hundredths)	100.00%
Number of corporation used to acquire foreclosed real estate	2
Loans and Loan Interest Income Recognition [Abstract]
Maximum period for accrued interest for all class of loans	90 days
Allowance for Loan Losses [Abstract]
Threshold for non-accrual loans to be evaluated individually for impairment	$250,000
Transfers of Financial Instruments [Abstract]
Servicing loan portfolio	160,000,000	161,000,000
Mortgage servicing rights	2,000,000	2,000,000
Other Real Estate [Abstract]
Other Real Estate Owned ("OREO")	0	0
PREMISES AND EQUIPMENT [Abstract]
Impairment of long lived assets	0	0
Goodwill [Abstract]
Fair value of the assets acquired	814,000
Impairment of goodwill	0	0
Allowance for Contingent Liabilities [Abstract]
Allowance for contingent liabilities	$290,000	$255,000

ACCUMULATED_OTHER_COMPREHENSIV2

ACCUMULATED OTHER COMPREHENSIVE INCOME (AOCI) (Details) (USD $)	3 Months Ended								12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Accumulated Other Comprehensive Income [Roll Forward]
Beginning balance				($7,289)				$2,886	($7,289)	$2,886
Other comprehensive loss (income) before reclassifications									310	-10,073
Amounts reclassified from AOCI									136	-102
Net other comprehensive loss (income)									446	-10,175
Ending balance	-6,843				-7,289				-6,843	-7,289	2,886
Reclassification Adjustment Out Of Accumulated Other Comprehensive Income [Line Items]
Net gain (loss) on sale of securities available for sale									19	403	-217
Interest income - U.S. Government agency obligations									2,320	2,012	241
Income tax expense (benefit)	-687	-875	-1,047	-1,111	-866	-1,557	-816	-483	-3,720	-3,722	714
Net income (loss)	4,066	3,738	3,771	3,720	3,328	3,912	2,769	2,709	15,295	12,718	-1,748
Reclassification Out Of Accumulated Other Comprehensive Income [Member]
Reclassification Adjustment Out Of Accumulated Other Comprehensive Income [Line Items]
Net gain (loss) on sale of securities available for sale									19	403
Interest income - U.S. Government agency obligations									-218	0
Income tax expense (benefit)									88	-56
Net income (loss)									-136	102
Unrealized gains and Losses on available-for-sale securities [Member]
Accumulated Other Comprehensive Income [Roll Forward]
Beginning balance				-4,095				10,553	-4,095	10,553
Other comprehensive loss (income) before reclassifications									6,744	-14,391
Amounts reclassified from AOCI									-12	-257
Net other comprehensive loss (income)									6,732	-14,648
Ending balance	2,637				-4,095				2,637	-4,095
Unrealized Losses on Securities Transferred from Available for Sale to Held to Maturity [Member]
Accumulated Other Comprehensive Income [Roll Forward]
Beginning balance				0					0
Other comprehensive loss (income) before reclassifications									-1,938
Amounts reclassified from AOCI									133
Net other comprehensive loss (income)									-1,805
Ending balance	-1,805								-1,805
Pension and postretirement plan items [Member]
Accumulated Other Comprehensive Income [Roll Forward]
Beginning balance				-3,194				-7,667	-3,194	-7,667
Other comprehensive loss (income) before reclassifications									-4,496	4,318
Amounts reclassified from AOCI									15	155
Net other comprehensive loss (income)									-4,481	4,473
Ending balance	-7,675				-3,194				-7,675	-3,194
Reclassification Adjustment Out Of Accumulated Other Comprehensive Income [Line Items]
Employee compensation and benefits									($25)	($245)

INVESTMENT_SECURITIES_Amortize

INVESTMENT SECURITIES, Amortized Cost, Estimated Values and Gross Unrealized Gains and Losses (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Available-for-sale [Abstract]
Total securities available for sale	$294,310	$407,211
Gross Unrealized Gains	7,070	9,339
Gross Unrealized Losses	-2,710	-15,770
Estimated Fair value	298,670	400,780
Held-to-maturity [Abstract]
Amortized Cost	62,270	11,666
Gross Unrealized Gains	2,526	655
Gross Unrealized Losses	0	-87
Estimated Fair Value	64,796	12,234
Total investment securities [Abstract]
Total Amortized Cost	356,580	418,877
Total Gross Unrealized Gains	9,596	9,994
Total Gross Unrealized Losses	-2,710	-15,857
Total Fair Value	363,466	413,014
Obligations of states and political subdivisions [Member]
Held-to-maturity [Abstract]
Amortized Cost	13,905	11,666
Gross Unrealized Gains	809	655
Gross Unrealized Losses	0	-87
Estimated Fair Value	14,714	12,234
U.S. government agency securities [Member]
Held-to-maturity [Abstract]
Amortized Cost	48,365	0
Gross Unrealized Gains	1,717	0
Gross Unrealized Losses	0	0
Estimated Fair Value	50,082	0
U.S. government agency securities [Member]
Available-for-sale [Abstract]
Total securities available for sale	42,474	109,315
Gross Unrealized Gains	0	0
Gross Unrealized Losses	-897	-9,220
Estimated Fair value	41,577	100,095
Obligations of states and political subdivisions [Member]
Available-for-sale [Abstract]
Total securities available for sale	131,300	148,664
Gross Unrealized Gains	6,469	8,499
Gross Unrealized Losses	0	0
Estimated Fair value	137,769	157,163
Collateralized mortgage obligations [Member]
Available-for-sale [Abstract]
Total securities available for sale	22,105	30,335
Gross Unrealized Gains	423	557
Gross Unrealized Losses	-531	-788
Estimated Fair value	21,997	30,104
Mortgage-backed securities [Member]
Available-for-sale [Abstract]
Total securities available for sale	92,095	103,332
Gross Unrealized Gains	88	19
Gross Unrealized Losses	-1,264	-5,584
Estimated Fair value	90,919	97,767
Corporate Bonds [Member]
Available-for-sale [Abstract]
Total securities available for sale	6,336	15,565
Gross Unrealized Gains	90	264
Gross Unrealized Losses	-18	-178
Estimated Fair value	$6,408	$15,651

INVESTMENT_SECURITIES_Amortize1

INVESTMENT SECURITIES, Amortized Cost, Maturities and Approximate Fair Value (Details) (USD $)	3 Months Ended		12 Months Ended
	Dec. 31, 2013	Sep. 30, 2013	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Amortized Cost [Abstract]
Due in one year or less			$14,746,000
Due from one to five years			151,319,000
Due from five to ten years			128,245,000
Total securities available for sale	407,211,000		294,310,000	407,211,000
Fair Value [Abstract]
Due in one year or less			14,976,000
Due from one to five years			155,608,000
Due from five to ten years			128,086,000
Total securities available for sale	400,780,000		298,670,000	400,780,000
Transferred from available for sale to held to maturity			3,200,000
Federal Reserve Bank Stock	1,400,000		1,400,000	1,400,000
Federal Home Loan Bank Stock	1,500,000		7,200,000	1,500,000
Dividend paid on FRB stock (in hundredths)			6.00%
Dividend paid on FHLB stock (in hundredths)			4.05%
Investment securities pledged	292,000,000		245,000,000	292,000,000
Sale of Visa Class B equity securities (in shares)				100,000
Gain on Visa shares sold	3,900,000	3,800,000	0	7,766,000	0
Contingent liability from counterparty estimated future exposure from Visa litigation	932,000		752,000	932,000
Payment to the purchaser of Visa Class B shares			180,000
Carrying costs related to Visa shares sold			239,000	57,000
US Government agency securities held as available-for-sale pledged as collateral			3,000,000
Shares of Visa Class B securities held			38,638
Amortized Cost [Abstract]
Due in one year or less			1,667,000
Due from one to five years			5,473,000
Due from five to ten years			32,030,000
Due after ten years			23,100,000
Total securities held to maturity			62,270,000
Fair Value [Abstract]
Due in one year or less			1,696,000
Due from one to five years			5,910,000
Due from five to ten years			32,714,000
Due after ten years			24,476,000
Total securities held to maturity			64,796,000
Total Amortized Cost	418,877,000		356,580,000	418,877,000
Total Fair Value	$413,014,000		$363,466,000	$413,014,000

INVESTMENT_SECURITIES_Securiti

INVESTMENT SECURITIES, Securities Sales And Continuous Unrealized Loss Position Of Securities Held (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Proceeds from sales of securities available for sale and the associated realized securities gains and losses [Abstract]
Proceeds	$20,604	$13,427	$7,457
Gross realized gains	271	403	0
Gross realized losses	-252	0	-217
Net realized gains (losses)	19	403	-217
Length of time individual securities for held-to-maturity and available-for-sale held in a continuous unrealized loss position [Abstract]
Less than 12 months Fair Value	0	187,007
Less than 12 months Unrealized Losses	0	13,001
12 months or longer Fair Value	134,486	31,855
12 months or longer Unrealized Losses	2,710	2,856
Total Fair Value	134,486	218,862
Total Unrealized Losses	2,710	15,857
U.S. government agency securities [Member]
Length of time individual securities for held-to-maturity and available-for-sale held in a continuous unrealized loss position [Abstract]
Less than 12 months Fair Value	0	86,590
Less than 12 months Unrealized Losses	0	7,726
12 months or longer Fair Value	41,577	13,505
12 months or longer Unrealized Losses	897	1,494
Total Fair Value	41,577	100,095
Total Unrealized Losses	897	9,220
Obligations of states and political subdivisions [Member]
Length of time individual securities for held-to-maturity and available-for-sale held in a continuous unrealized loss position [Abstract]
Less than 12 months Fair Value		3,932
Less than 12 months Unrealized Losses		87
12 months or longer Fair Value		0
12 months or longer Unrealized Losses		0
Total Fair Value		3,932
Total Unrealized Losses		87
Collateralized mortgage obligations [Member]
Length of time individual securities for held-to-maturity and available-for-sale held in a continuous unrealized loss position [Abstract]
Less than 12 months Fair Value	0	2,935
Less than 12 months Unrealized Losses	0	160
12 months or longer Fair Value	8,417	5,713
12 months or longer Unrealized Losses	531	628
Total Fair Value	8,417	8,648
Total Unrealized Losses	531	788
Mortgage-backed securities [Member]
Length of time individual securities for held-to-maturity and available-for-sale held in a continuous unrealized loss position [Abstract]
Less than 12 months Fair Value	0	84,869
Less than 12 months Unrealized Losses	0	4,850
12 months or longer Fair Value	81,510	12,637
12 months or longer Unrealized Losses	1,264	734
Total Fair Value	81,510	97,506
Total Unrealized Losses	1,264	5,584
Corporate bonds [Member]
Length of time individual securities for held-to-maturity and available-for-sale held in a continuous unrealized loss position [Abstract]
Less than 12 months Fair Value	0	8,681
Less than 12 months Unrealized Losses	0	178
12 months or longer Fair Value	2,982	0
12 months or longer Unrealized Losses	18	0
Total Fair Value	2,982	8,681
Total Unrealized Losses	$18	$178

LOANS_Details

LOANS (Details) (USD $)	12 Months Ended
LOANS (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Categorizes total loans
Gross Loans	$1,355,427,000	$1,068,848,000
Allowance for loan losses	-19,200,000	-17,263,000	-17,781,000	-39,958,000
Net loans	1,336,227,000	1,051,585,000
Loans made to directors and executives	11,000,000	12,000,000
New loans granted to directors or executive	58,000,000	52,000,000
Payment received from directors and executives	59,000,000	53,000,000
Commercial and Industrial [Member]
Categorizes total loans
Gross Loans	177,813,000	171,199,000
Commercial Real Estate [Member]
Categorizes total loans
Gross Loans	560,524,000	464,560,000
Allowance for loan losses	-6,777,000	-6,572,000	-5,965,000	-10,470,000
Mixed Use Commercial [Member]
Categorizes total loans
Gross Loans	34,806,000	4,797,000
Allowance for loan losses	-261,000	-54,000	-34,000	0
Multifamily [Member]
Categorizes total loans
Gross Loans	309,666,000	184,624,000
Allowance for loan losses	-4,018,000	-2,159,000	-150,000	-559,000
Real Estate Construction [Member]
Categorizes total loans
Gross Loans	26,206,000	6,565,000
Allowance for loan losses	-383,000	-88,000	-141,000	-623,000
Residential Mortgages [Member]
Categorizes total loans
Gross Loans	187,828,000	169,552,000
Allowance for loan losses	-3,027,000	-2,463,000	-1,576,000	-2,401,000
Home Equity [Member]
Categorizes total loans
Gross Loans	50,982,000	57,112,000
Consumer [Member]
Categorizes total loans
Gross Loans	7,602,000	10,439,000
Allowance for loan losses	($166,000)	($241,000)	($189,000)	($313,000)

LOANS_Analysis_of_Changes_in_t

LOANS, Analysis of Changes in the Allowances for Loan Losses (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014
Loans and Allowance for Loan Losses [Line Items]
Number of months of performance trouble debt restructuring returns to accrual status	6 months
Threshold for non-accrual loans to be evaluated individually for impairment	$250

LOANS_Loans_and_Allowance_for_

LOANS, Loans and Allowance for Loan Losses Impairment Evaluations (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
LOANS [Abstract]
Commercial real estate mortgage loans to warrant information from management, minimum	$250
Loans to value ratio for originating residential mortgage and home equity loans, maximum (in hundredths)	80.00%
Allowance for loan losses: [Abstract]
Ending balance: individually evaluated for impairment	1,005	945
Ending balance: collectively evaluated for impairment	18,195	16,318
Balance, End of Period	19,200	17,263	17,781	39,958
Loan balances: [Abstract]
Ending balance: individually evaluated for impairment	22,415	25,990
Ending balance: collectively evaluated for impairment	1,333,012	1,042,858
Total loans	1,355,427	1,068,848
Commercial and Industrial [Member]
Allowance for loan losses: [Abstract]
Ending balance: individually evaluated for impairment	16	41
Ending balance: collectively evaluated for impairment	1,544	2,574
Balance, End of Period	1,560	2,615	6,181	25,047
Loan balances: [Abstract]
Ending balance: individually evaluated for impairment	4,889	7,754
Ending balance: collectively evaluated for impairment	172,924	163,445
Total loans	177,813	171,199
Commercial Real Estate [Member]
Allowance for loan losses: [Abstract]
Ending balance: individually evaluated for impairment	0	0
Ending balance: collectively evaluated for impairment	6,777	6,572
Balance, End of Period	6,777	6,572	5,965	10,470
Loan balances: [Abstract]
Ending balance: individually evaluated for impairment	10,214	11,821
Ending balance: collectively evaluated for impairment	550,310	452,739
Total loans	560,524	464,560
Multifamily [Member]
Allowance for loan losses: [Abstract]
Ending balance: individually evaluated for impairment	0	0
Ending balance: collectively evaluated for impairment	4,018	2,159
Balance, End of Period	4,018	2,159	150	559
Loan balances: [Abstract]
Ending balance: individually evaluated for impairment	0	0
Ending balance: collectively evaluated for impairment	309,666	184,624
Total loans	309,666	184,624
Mixed Use Commercial [Member]
Allowance for loan losses: [Abstract]
Ending balance: individually evaluated for impairment	0	0
Ending balance: collectively evaluated for impairment	261	54
Balance, End of Period	261	54	34	0
Loan balances: [Abstract]
Ending balance: individually evaluated for impairment	0	0
Ending balance: collectively evaluated for impairment	34,806	4,797
Total loans	34,806	4,797
Real Estate Construction [Member]
Allowance for loan losses: [Abstract]
Ending balance: individually evaluated for impairment	0	0
Ending balance: collectively evaluated for impairment	383	88
Balance, End of Period	383	88	141	623
Loan balances: [Abstract]
Ending balance: individually evaluated for impairment	0	0
Ending balance: collectively evaluated for impairment	26,206	6,565
Total loans	26,206	6,565
Residential Mortgages [Member]
Allowance for loan losses: [Abstract]
Ending balance: individually evaluated for impairment	809	709
Ending balance: collectively evaluated for impairment	2,218	1,754
Balance, End of Period	3,027	2,463	1,576	2,401
Loan balances: [Abstract]
Ending balance: individually evaluated for impairment	5,422	5,049
Ending balance: collectively evaluated for impairment	182,406	164,503
Total loans	187,828	169,552
Home Equity [Member]
Allowance for loan losses: [Abstract]
Ending balance: individually evaluated for impairment	92	93
Ending balance: collectively evaluated for impairment	617	652
Balance, End of Period	709	745	907	512
Loan balances: [Abstract]
Ending balance: individually evaluated for impairment	1,567	1,082
Ending balance: collectively evaluated for impairment	49,415	56,030
Total loans	50,982	57,112
Consumer [Member]
Allowance for loan losses: [Abstract]
Ending balance: individually evaluated for impairment	88	102
Ending balance: collectively evaluated for impairment	78	139
Balance, End of Period	166	241	189	313
Loan balances: [Abstract]
Ending balance: individually evaluated for impairment	323	284
Ending balance: collectively evaluated for impairment	7,279	10,155
Total loans	7,602	10,439
Unallocated [Member]
Allowance for loan losses: [Abstract]
Ending balance: individually evaluated for impairment	0	0
Ending balance: collectively evaluated for impairment	2,299	2,326
Balance, End of Period	2,299	2,326	2,638	33
Loan balances: [Abstract]
Ending balance: individually evaluated for impairment	0	0
Ending balance: collectively evaluated for impairment	0	0
Total loans	$0	$0

LOANS_Loans_Current_and_Past_D

LOANS, Loans Current and Past Due by Aging Categories (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Summary of current and past due loans
30-59 days past due	$933	$3,049
60-89 days past due	430	439
90 days and over past due	12,981	15,183
Total past due	14,344	18,671
Current	1,341,083	1,050,177
Total loans	1,355,427	1,068,848
Financing Receivable, Recorded Investment, 30 to 59 Days Past Due (in hundredths)	0.10%	0.30%
Financing Receivable, Recorded Investment, 60 to 89 Days Past Due (in hundredths)	0.00%	0.00%
Financing Receivable, Recorded Investment, Equal to Greater than 90 Days Past Due (in hundredths)	1.00%	1.40%
Financing Receivable, Recorded Investment, Past Due (in hundredths)	1.10%	1.70%
Financing Receivable, Recorded Investment, Current (in hundredths)	98.90%	98.30%
Total (in hundredth)	100.00%	100.00%
Commercial and Industrial [Member]
Summary of current and past due loans
30-59 days past due	52	13
60-89 days past due	241	0
90 days and over past due	4,060	5,014
Total past due	4,353	5,027
Current	173,460	166,172
Total loans	177,813	171,199
Commercial Real Estate [Member]
Summary of current and past due loans
30-59 days past due	0	631
60-89 days past due	0	0
90 days and over past due	6,556	7,492
Total past due	6,556	8,123
Current	553,968	456,437
Total loans	560,524	464,560
Multifamily [Member]
Summary of current and past due loans
30-59 days past due	0	0
60-89 days past due	0	0
90 days and over past due	0	0
Total past due	0	0
Current	309,666	184,624
Total loans	309,666	184,624
Mixed Use Commercial [Member]
Summary of current and past due loans
30-59 days past due	0	0
60-89 days past due	0	0
90 days and over past due	0	0
Total past due	0	0
Current	34,806	4,797
Total loans	34,806	4,797
Real Estate Construction [Member]
Summary of current and past due loans
30-59 days past due	0	0
60-89 days past due	0	0
90 days and over past due	0	0
Total past due	0	0
Current	26,206	6,565
Total loans	26,206	6,565
Residential Mortgages [Member]
Summary of current and past due loans
30-59 days past due	822	1,535
60-89 days past due	0	339
90 days and over past due	2,020	1,897
Total past due	2,842	3,771
Current	184,986	165,781
Total loans	187,828	169,552
Home Equity [Member]
Summary of current and past due loans
30-59 days past due	0	795
60-89 days past due	112	100
90 days and over past due	303	647
Total past due	415	1,542
Current	50,567	55,570
Total loans	50,982	57,112
Consumer [Member]
Summary of current and past due loans
30-59 days past due	59	75
60-89 days past due	77	0
90 days and over past due	42	133
Total past due	178	208
Current	7,424	10,231
Total loans	$7,602	$10,439

LOANS_Summary_of_Impaired_Loan

LOANS, Summary of Impaired Loans (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Summary of impaired loans [Abstract]
Impaired loans with no allowance recorded, Unpaid Principal Balance	$18,624	$22,171
Impaired loans with an allowance recorded, Unpaid Principal Balance	4,474	4,518
Impaired loans, Unpaid Principal Balance, Total	23,098	26,689
Impaired loans with no allowance recorded, Recorded Investment	18,077	21,608
Impaired loans with an allowance recorded, Recorded Investment	4,338	4,382
Impaired Loans, Recorded Investment, Total	22,415	25,990
Impaired Loans, No Allowance Allocated	0	0
Impaired Loans, Allowance Allocated	1,005	945
Average recorded investment in impaired loans	23,930	30,128	87,947
Interest income recognized on impaired loans	1,289	2,094	1,498
Commercial and Industrial [Member]
Summary of impaired loans [Abstract]
Impaired loans with no allowance recorded, Unpaid Principal Balance	4,833	6,711
Impaired loans with an allowance recorded, Unpaid Principal Balance	57	1,043
Impaired loans with no allowance recorded, Recorded Investment	4,833	6,711
Impaired loans with an allowance recorded, Recorded Investment	56	1,043
Impaired Loans, No Allowance Allocated	0	0
Impaired Loans, Allowance Allocated	16	41
Average recorded investment in impaired loans	6,961	12,065	23,215
Interest income recognized on impaired loans	730	800	447
Commercial Real Estate [Member]
Summary of impaired loans [Abstract]
Impaired loans with no allowance recorded, Unpaid Principal Balance	10,632	12,239
Impaired loans with no allowance recorded, Recorded Investment	10,214	11,821
Impaired Loans, No Allowance Allocated	0	0
Average recorded investment in impaired loans	10,823	11,556	38,477
Interest income recognized on impaired loans	251	1,041	501
Real Estate Construction [Member]
Summary of impaired loans [Abstract]
Average recorded investment in impaired loans	0	488	13,681
Interest income recognized on impaired loans	0	114	410
Residential Mortgages [Member]
Summary of impaired loans [Abstract]
Impaired loans with no allowance recorded, Unpaid Principal Balance	1,645	2,305
Impaired loans with an allowance recorded, Unpaid Principal Balance	3,906	2,873
Impaired loans with no allowance recorded, Recorded Investment	1,516	2,176
Impaired loans with an allowance recorded, Recorded Investment	3,906	2,873
Impaired Loans, No Allowance Allocated	0	0
Impaired Loans, Allowance Allocated	809	709
Average recorded investment in impaired loans	5,094	4,970	9,538
Interest income recognized on impaired loans	207	102	127
Home Equity [Member]
Summary of impaired loans [Abstract]
Impaired loans with no allowance recorded, Unpaid Principal Balance	1,377	891
Impaired loans with an allowance recorded, Unpaid Principal Balance	326	328
Impaired loans with no allowance recorded, Recorded Investment	1,377	891
Impaired loans with an allowance recorded, Recorded Investment	190	191
Impaired Loans, No Allowance Allocated	0	0
Impaired Loans, Allowance Allocated	92	93
Average recorded investment in impaired loans	804	814	2,607
Interest income recognized on impaired loans	83	15	13
Consumer [Member]
Summary of impaired loans [Abstract]
Impaired loans with no allowance recorded, Unpaid Principal Balance	137	25
Impaired loans with an allowance recorded, Unpaid Principal Balance	185	274
Impaired loans with no allowance recorded, Recorded Investment	137	9
Impaired loans with an allowance recorded, Recorded Investment	186	275
Impaired Loans, No Allowance Allocated	0	0
Impaired Loans, Allowance Allocated	88	102
Average recorded investment in impaired loans	248	235	429
Interest income recognized on impaired loans	$18	$22	$0

LOANS_Summary_of_NonPerforming

LOANS, Summary of Non-Performing Assets (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Summary of non-performing assets
Non-accrual loans	$12,981	$15,183
Non-accrual loans sold-for-sale	0	0
Loans 90 days past due and still accruing	0	0
OREO	0	0
Total non-performing assets	12,981	15,183
TDRs accruing interest	9,380	10,647
TDRs - nonaccruing	$10,293	$5,438

LOANS_Nonaccrual_Loans_by_Loan

LOANS, Non-accrual Loans by Loan Class (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Summarizes non-accrual loans by loan class
Non-accrual Loans principal balance	$12,981	$15,183
Percentage of Total (in hundredths)	100.00%	100.00%
Total Loans	1,355,427	1,068,848
Percentage of Total Loans (in hundredths)	1.00%	1.40%
Additional interest income for the non-accrual loans outstanding at the end of the reported periods	953	521	854
Commercial and Industrial [Member]
Summarizes non-accrual loans by loan class
Non-accrual Loans principal balance	4,060	5,014
Percentage of Total (in hundredths)	31.30%	33.00%
Total Loans	177,813	171,199
Percentage of Total Loans (in hundredths)	0.30%	0.40%
Commercial Real Estate [Member]
Summarizes non-accrual loans by loan class
Non-accrual Loans principal balance	6,556	7,492
Percentage of Total (in hundredths)	50.50%	49.30%
Total Loans	560,524	464,560
Percentage of Total Loans (in hundredths)	0.50%	0.70%
Multifamily [Member]
Summarizes non-accrual loans by loan class
Non-accrual Loans principal balance	0	0
Percentage of Total (in hundredths)	0.00%	0.00%
Total Loans	309,666	184,624
Percentage of Total Loans (in hundredths)	0.00%	0.00%
Mixed Use Commercial [Member]
Summarizes non-accrual loans by loan class
Non-accrual Loans principal balance	0	0
Percentage of Total (in hundredths)	0.00%	0.00%
Total Loans	34,806	4,797
Percentage of Total Loans (in hundredths)	0.00%	0.00%
Real Estate Construction [Member]
Summarizes non-accrual loans by loan class
Non-accrual Loans principal balance	0	0
Percentage of Total (in hundredths)	0.00%	0.00%
Total Loans	26,206	6,565
Percentage of Total Loans (in hundredths)	0.00%	0.00%
Residential Mortgages [Member]
Summarizes non-accrual loans by loan class
Non-accrual Loans principal balance	2,020	1,897
Percentage of Total (in hundredths)	15.60%	12.50%
Total Loans	187,828	169,552
Percentage of Total Loans (in hundredths)	0.10%	0.20%
Home Equity [Member]
Summarizes non-accrual loans by loan class
Non-accrual Loans principal balance	303	647
Percentage of Total (in hundredths)	2.30%	4.30%
Total Loans	50,982	57,112
Percentage of Total Loans (in hundredths)	0.10%	0.10%
Consumer [Member]
Summarizes non-accrual loans by loan class
Non-accrual Loans principal balance	42	133
Percentage of Total (in hundredths)	0.30%	0.90%
Total Loans	$7,602	$10,439
Percentage of Total Loans (in hundredths)	0.00%	0.00%

LOANS_Loans_by_Internal_Assign

LOANS, Loans by Internal Assigned Grade for Credit Risk (Details) (USD $)	3 Months Ended	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Allowance for loan losses
Balance, Beginning of Period		$17,263	$17,781	$39,958
Charge-offs	-1,500	-492	-4,100	-33,946
Recoveries		1,429	2,332	3,269
(Credit) provision for loan losses		1,000	1,250	8,500
Balance, End of Period	17,263	19,200	17,263	17,781
Credit risk profile by internally assigned grade
Total	1,068,848	1,355,427	1,068,848
Total (in hundredth)	100.00%	100.00%	100.00%
Pass [Member]
Credit risk profile by internally assigned grade
Total	1,026,121	1,315,247	1,026,121
Total (in hundredth)	96.00%	97.00%	96.00%
Special Mention [Member]
Credit risk profile by internally assigned grade
Total	5,751	10,407	5,751
Total (in hundredth)	0.50%	0.80%	0.50%
Substandard [Member]
Credit risk profile by internally assigned grade
Total	36,976	29,773	36,976
Total (in hundredth)	3.50%	2.20%	3.50%
Commercial and Industrial [Member]
Allowance for loan losses
Balance, Beginning of Period		2,615	6,181	25,047
Charge-offs		-420	-2,867	-8,534
Recoveries		797	2,077	2,456
(Credit) provision for loan losses		-1,432	-2,776	-12,788
Balance, End of Period	2,615	1,560	2,615	6,181
Credit risk profile by internally assigned grade
Total	171,199	177,813	171,199
Commercial and Industrial [Member] \| Pass [Member]
Credit risk profile by internally assigned grade
Total	158,536	167,922	158,536
Commercial and Industrial [Member] \| Special Mention [Member]
Credit risk profile by internally assigned grade
Total	2,934	1,225	2,934
Commercial and Industrial [Member] \| Substandard [Member]
Credit risk profile by internally assigned grade
Total	9,729	8,666	9,729
Commercial Real Estate [Member]
Allowance for loan losses
Balance, Beginning of Period		6,572	5,965	10,470
Charge-offs		0	-383	-15,794
Recoveries		519	97	0
(Credit) provision for loan losses		-314	893	11,289
Balance, End of Period	6,572	6,777	6,572	5,965
Credit risk profile by internally assigned grade
Total	464,560	560,524	464,560
Commercial Real Estate [Member] \| Pass [Member]
Credit risk profile by internally assigned grade
Total	440,505	536,536	440,505
Commercial Real Estate [Member] \| Special Mention [Member]
Credit risk profile by internally assigned grade
Total	2,817	9,182	2,817
Commercial Real Estate [Member] \| Substandard [Member]
Credit risk profile by internally assigned grade
Total	21,238	14,806	21,238
Multifamily [Member]
Allowance for loan losses
Balance, Beginning of Period		2,159	150	559
Charge-offs		0	0	0
Recoveries		0	0	0
(Credit) provision for loan losses		1,859	2,009	-409
Balance, End of Period	2,159	4,018	2,159	150
Credit risk profile by internally assigned grade
Total	184,624	309,666	184,624
Multifamily [Member] \| Pass [Member]
Credit risk profile by internally assigned grade
Total	184,624	309,666	184,624
Multifamily [Member] \| Special Mention [Member]
Credit risk profile by internally assigned grade
Total	0	0	0
Multifamily [Member] \| Substandard [Member]
Credit risk profile by internally assigned grade
Total	0	0	0
Mixed Use Commercial [Member]
Allowance for loan losses
Balance, Beginning of Period		54	34	0
Charge-offs		0	0	0
Recoveries		0	0	0
(Credit) provision for loan losses		207	20	34
Balance, End of Period	54	261	54	34
Credit risk profile by internally assigned grade
Total	4,797	34,806	4,797
Mixed Use Commercial [Member] \| Pass [Member]
Credit risk profile by internally assigned grade
Total	4,797	34,806	4,797
Mixed Use Commercial [Member] \| Special Mention [Member]
Credit risk profile by internally assigned grade
Total	0	0	0
Mixed Use Commercial [Member] \| Substandard [Member]
Credit risk profile by internally assigned grade
Total	0	0	0
Real Estate Construction [Member]
Allowance for loan losses
Balance, Beginning of Period		88	141	623
Charge-offs		0	0	-3,671
Recoveries		0	0	340
(Credit) provision for loan losses		295	-53	2,849
Balance, End of Period	88	383	88	141
Credit risk profile by internally assigned grade
Total	6,565	26,206	6,565
Real Estate Construction [Member] \| Pass [Member]
Credit risk profile by internally assigned grade
Total	6,565	26,206	6,565
Real Estate Construction [Member] \| Special Mention [Member]
Credit risk profile by internally assigned grade
Total	0	0	0
Real Estate Construction [Member] \| Substandard [Member]
Credit risk profile by internally assigned grade
Total	0	0	0
Residential Mortgages [Member]
Allowance for loan losses
Balance, Beginning of Period		2,463	1,576	2,401
Charge-offs		-32	-126	-3,727
Recoveries		16	5	115
(Credit) provision for loan losses		580	1,008	2,787
Balance, End of Period	2,463	3,027	2,463	1,576
Credit risk profile by internally assigned grade
Total	169,552	187,828	169,552
Residential Mortgages [Member] \| Pass [Member]
Credit risk profile by internally assigned grade
Total	164,559	183,263	164,559
Residential Mortgages [Member] \| Special Mention [Member]
Credit risk profile by internally assigned grade
Total	0	0	0
Residential Mortgages [Member] \| Substandard [Member]
Credit risk profile by internally assigned grade
Total	4,993	4,565	4,993
Home Equity [Member]
Allowance for loan losses
Balance, Beginning of Period		745	907	512
Charge-offs		0	-558	-1,953
Recoveries		50	32	246
(Credit) provision for loan losses		-86	364	2,102
Balance, End of Period	745	709	745	907
Credit risk profile by internally assigned grade
Total	57,112	50,982	57,112
Home Equity [Member] \| Pass [Member]
Credit risk profile by internally assigned grade
Total	56,379	49,569	56,379
Home Equity [Member] \| Special Mention [Member]
Credit risk profile by internally assigned grade
Total	0	0	0
Home Equity [Member] \| Substandard [Member]
Credit risk profile by internally assigned grade
Total	733	1,413	733
Consumer [Member]
Allowance for loan losses
Balance, Beginning of Period		241	189	313
Charge-offs		-40	-166	-267
Recoveries		47	121	112
(Credit) provision for loan losses		-82	97	31
Balance, End of Period	241	166	241	189
Credit risk profile by internally assigned grade
Total	10,439	7,602	10,439
Consumer [Member] \| Pass [Member]
Credit risk profile by internally assigned grade
Total	10,156	7,279	10,156
Consumer [Member] \| Special Mention [Member]
Credit risk profile by internally assigned grade
Total	0	0	0
Consumer [Member] \| Substandard [Member]
Credit risk profile by internally assigned grade
Total	283	323	283
Unallocated [Member]
Allowance for loan losses
Balance, Beginning of Period		2,326	2,638	33
Charge-offs		0	0	0
Recoveries		0	0	0
(Credit) provision for loan losses		-27	-312	2,605
Balance, End of Period	2,326	2,299	2,326	2,638
Credit risk profile by internally assigned grade
Total	$0	$0	$0

LOANS_Loans_Modified_as_Troubl

LOANS, Loans Modified as Troubled Debt Restructurings (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
	Loan	Loan	Loan
Troubled debt restructuring at end of period
Number of loans	70	70
Outstanding recorded investment	$19,673	$16,085
Troubled debt restructured during year
Number of Loans	25	16	24
Outstanding Recorded Balance, pre-modification	8,983	6,450	8,340
Outstanding Recorded Balance, Post modification	8,983	6,450	8,340
Defaulted Troubled Debt Restructurings [Member]
Troubled debt restructured during year
Number of Loans	2	2	4
Outstanding Recorded Balance, pre-modification	1,529	700	1,932
Commercial and Industrial [Member]
Troubled debt restructuring at end of period
Number of loans	31	43
Outstanding recorded investment	3,683	6,022
Troubled debt restructured during year
Number of Loans	10	8	17
Outstanding Recorded Balance, pre-modification	1,877	2,484	6,674
Outstanding Recorded Balance, Post modification	1,877	2,484	6,674
Commercial and Industrial [Member] \| Defaulted Troubled Debt Restructurings [Member]
Troubled debt restructured during year
Number of Loans	0	0	2
Outstanding Recorded Balance, pre-modification	0	0	1,125
Commercial Real Estate [Member]
Troubled debt restructuring at end of period
Number of loans	8	7
Outstanding recorded investment	10,179	6,022
Troubled debt restructured during year
Number of Loans	2	3
Outstanding Recorded Balance, pre-modification	5,161	3,025
Outstanding Recorded Balance, Post modification	5,161	3,025
Commercial Real Estate [Member] \| Defaulted Troubled Debt Restructurings [Member]
Troubled debt restructured during year
Number of Loans	2	1	0
Outstanding Recorded Balance, pre-modification	1,529	390	0
Residential Mortgages [Member]
Troubled debt restructuring at end of period
Number of loans	19	17
Outstanding recorded investment	4,314	3,891
Troubled debt restructured during year
Number of Loans	4	4	6
Outstanding Recorded Balance, pre-modification	581	924	1,617
Outstanding Recorded Balance, Post modification	581	924	1,617
Residential Mortgages [Member] \| Defaulted Troubled Debt Restructurings [Member]
Troubled debt restructured during year
Number of Loans	0	1	2
Outstanding Recorded Balance, pre-modification	0	310	807
Home Equity [Member]
Troubled debt restructuring at end of period
Number of loans	5	0
Outstanding recorded investment	1,216	0
Troubled debt restructured during year
Number of Loans	5	0
Outstanding Recorded Balance, pre-modification	1,219	0
Outstanding Recorded Balance, Post modification	1,219	0
Consumer [Member]
Troubled debt restructuring at end of period
Number of loans	7	3
Outstanding recorded investment	281	150
Troubled debt restructured during year
Number of Loans	4	1	1
Outstanding Recorded Balance, pre-modification	145	17	49
Outstanding Recorded Balance, Post modification	$145	$17	$49

LOANS_Textual_Details

LOANS, Textual (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Allowance for Loan Losses (Additional Textual) [Abstract]
Number of consecutive years	5 years
Threshold loan amount for annual rating review	$500
Allocation of specific reserve regarding troubled debt restructuring	790	586
Troubled debt restructuring funds committed	$100	$250
Minimum repayment period	2 years

PREMISES_AND_EQUIPMENT_Details

PREMISES AND EQUIPMENT (Details) (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
	Branch	Branch	Dec. 31, 2012
Premises and equipment [Abstract]
Premises and equipment, gross	$56,216,000	$63,265,000
Accumulated depreciation and amortization	-32,575,000	-38,004,000
Balance at end of year	23,641,000	25,261,000
Depreciation and amortization	2,358,000	3,258,000	2,572,000
Accelerated depreciation		507,000
Number of branches closed during the period	4	2
Depreciation and amortization on property under capital lease	243,000	244,000	244,000
Land [Member]
Premises and equipment [Abstract]
Estimated Useful Lives	Indefinite
Premises and equipment, gross	3,021,000	3,201,000
Premises [Member]
Premises and equipment [Abstract]
Premises and equipment, gross	33,219,000	27,570,000
Property under capital lease	4,000,000	4,000,000
Premises [Member] \| Minimum [Member]
Premises and equipment [Abstract]
Estimated Useful Lives	30 years
Premises [Member] \| Maximum [Member]
Premises and equipment [Abstract]
Estimated Useful Lives	40 years
Furniture, Fixtures & Equipment [Member]
Premises and equipment [Abstract]
Premises and equipment, gross	16,349,000	28,669,000
Furniture, Fixtures & Equipment [Member] \| Minimum [Member]
Premises and equipment [Abstract]
Estimated Useful Lives	3 years
Furniture, Fixtures & Equipment [Member] \| Maximum [Member]
Premises and equipment [Abstract]
Estimated Useful Lives	7 years
Leasehold Improvements [Member]
Premises and equipment [Abstract]
Premises and equipment, gross	$3,627,000	$3,825,000
Leasehold Improvements [Member] \| Minimum [Member]
Premises and equipment [Abstract]
Estimated Useful Lives	2 years
Leasehold Improvements [Member] \| Maximum [Member]
Premises and equipment [Abstract]
Estimated Useful Lives	25 years

DEPOSITS_Details

DEPOSITS (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Contractual maturities of time deposits [Abstract]
Total	$57,910	$66,742
Time Deposits [Abstract]
Brokered deposits for regulatory purposes	1,556,060	1,510,061
Time deposits > $100,000 [Member]
Contractual maturities of time deposits [Abstract]
2015	146,327
2016	8,782
2017	2,901
2018	1,512
2019	1,327
Total	160,849
Other Time Deposits [Member]
Contractual maturities of time deposits [Abstract]
2015	42,501
2016	7,870
2017	4,089
2018	2,038
2019	1,412
Total	57,910
Time Deposits [Abstract]
Brokered deposits for regulatory purposes	$4,000	$5,000

BORROWINGS_Details

BORROWINGS (Details) (USD $)	12 Months Ended
BORROWINGS (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013
Borrowings [Line Items]
Daily average outstanding	$13,059,000	$22,000
Total interest cost	48,000	0
Average interest rate paid (in hundredths)	0.37%	0.37%
Maximum amount outstanding at any month-end	130,000,000	0
December 31, balance	130,000,000	0
Weighted-average interest rate on balances outstanding (in hundredths)	0.32%	0.00%
Assets pledged as collateral to the Federal Home Loan Bank	505,000,000	337,000,000
Federal Home Loan Bank Borrowings	130,000,000	0
Federal Home Loan Bank Borrowings [Member]
Borrowings [Line Items]
Daily average outstanding	13,051,000	5,000
Total interest cost	48,000	0
Average interest rate paid (in hundredths)	0.37%	0.39%
Maximum amount outstanding at any month-end	130,000,000	0
December 31, balance	130,000,000	0
Weighted-average interest rate on balances outstanding (in hundredths)	0.32%	0.00%
Federal Funds Purchased [Member]
Borrowings [Line Items]
Daily average outstanding	8,000	17,000
Total interest cost	0	0
Average interest rate paid (in hundredths)	0.46%	0.37%
Maximum amount outstanding at any month-end	0	0
December 31, balance	$0	$0
Weighted-average interest rate on balances outstanding (in hundredths)	0.00%	0.00%

STOCKHOLDERS_EQUITY_Details

STOCKHOLDERS' EQUITY (Details) (USD $)	12 Months Ended
In Thousands, except Share data, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shareholder discount percentage for dividend reinvestment (in hundredths)	3.00%
Percentage of cost in which shares may be traded (in hundredths)	100.00%
Shares issued under Dividend Reinvestment Plan (in shares)	6,671	0	0
Options exercisable period	3 years	3 years	3 years
Total intrinsic value of options exercised	$145	$15
Total cash received from option exercises	246	91
Shares surrendered (in shares)	18,735	6,667
Compensation expense	811	579	458
Shares [Roll Forward]
Balance at Beginning (in shares)	291,000	211,500	111,500
Options granted (in shares)	0	111,500	130,000
Options exercised (in shares)	-18,735	-6,667	0
Options forfeited or expired (in shares)	-21,165	-25,333	-30,000
Balance at Ending (in shares)	251,100	291,000	211,500
Weighted Average Exercise Price [Roll Forward]
Balance at Beginning (in dollars per share)	$16.18	$15.41	$22.57
Options granted (in dollars per share)	$0	$17.31	$13.15
Options exercised (in dollars per share)	$13.18	$13.44	$0
Options expired or forfeited (in dollars per share)	$16.95	$15.50	$32.23
Balance at Ending (in dollars per share)	$16.33	$16.18	$15.41
Black-Scholes Assumptions [Abstract]
Risk-free interest rate (in hundredths)	0.00%	1.22%	0.78%
Expected dividend yield (in hundredths)	0.00%	0.00%	0.00%
Expected life (in years)	0 years	10 years	10 years
Expected volatility (in hundredths)	0.00%	42.95%	43.03%
Weighted average fair value (in dollars per share)	$0	$9.24	$7.13
Stock Appreciation Rights (SARs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options outstanding related to SAR's (in shares)	6,000
Intrinsic value of SAR's (in dollars per share)	$0
Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total intrinsic value of options exercised			0
Total cash received from option exercises			0
Remaining unrecognized compensation cost	298
Remaining unrecognized compensation cost remaining vesting period	1 year 7 months 6 days
Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Remaining unrecognized compensation cost	$1,200
Remaining unrecognized compensation cost remaining vesting period	2 years 4 months 24 days
Shares [Roll Forward]
Balance at Beginning (in shares)	0
Options granted (in shares)	77,000
Options exercised (in shares)	0
Options forfeited or expired (in shares)	-4,650
Balance at Ending (in shares)	72,350
Weighted Average Exercise Price [Roll Forward]
Balance at Beginning (in dollars per share)	$0
Options granted (in dollars per share)	$22.51
Options exercised (in dollars per share)	$0
Options expired or forfeited (in dollars per share)	$22.51
Balance at Ending (in dollars per share)	$22.51
Non Qualified Stock Option [Member] \| Chief Executive Officer [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options exercisable period			3 years
Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options exercisable period	10 years
2009 Stock Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Company's common stock reserved for issuance (in shares)	500,000
Common stock available for possible issuance (in shares)	208,148
1999 Stock Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Company's common stock reserved for issuance (in shares)	0

STOCKHOLDERS_EQUITY_Stock_Opti

STOCKHOLDERS' EQUITY, Stock Option Plans (Details) (USD $)	12 Months Ended
STOCKHOLDERS' EQUITY, Stock Option Plans (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Contractual weighted-average lives of outstanding options at various prices [Abstract]
Weighted-Average Remaining Contractual Life	7 years 2 months 12 days
Weighted-Average Remaining Contractual Life	6 years 4 months 24 days
Total outstanding, Options (in shares)	251,100	291,000	211,500	111,500
Total exercisable, Options (in shares)	125,440
Total outstanding, Weighted-average price (in dollars per share)	$16.33	$16.18	$15.41	$22.57
Total exercisable, Weighted-average price (in dollars per share)	$17.92
10.00 - $14.00 [Member]
Contractual weighted-average lives of outstanding options at various prices [Abstract]
From (in dollars per share)	$10
To (in dollars per share)	$14
Outstanding shares (in shares)	120,000
Weighted-Average Remaining Contractual Life	7 years 1 month 6 days
Weighted-average exercise price (in dollars per share)	$11.97
Exercisable shares (in shares)	63,336
Weighted-Average Remaining Contractual Life	7 years 2 months 12 days
Weighted-average exercise price (in dollars per share)	$12.28
14.01 - $20.00 [Member]
Contractual weighted-average lives of outstanding options at various prices [Abstract]
From (in dollars per share)	$14.01
To (in dollars per share)	$20
Outstanding shares (in shares)	104,100
Weighted-Average Remaining Contractual Life	8 years 6 months
Weighted-average exercise price (in dollars per share)	$17.33
Exercisable shares (in shares)	35,104
Weighted-Average Remaining Contractual Life	8 years 6 months
Weighted-average exercise price (in dollars per share)	$17.35
20.01 - $30.00 [Member]
Contractual weighted-average lives of outstanding options at various prices [Abstract]
From (in dollars per share)	$20.01
To (in dollars per share)	$30
Outstanding shares (in shares)	5,000
Weighted-Average Remaining Contractual Life	4 years 1 month 6 days
Weighted-average exercise price (in dollars per share)	$28.30
Exercisable shares (in shares)	5,000
Weighted-Average Remaining Contractual Life	4 years 1 month 6 days
Weighted-average exercise price (in dollars per share)	$28.30
30.01 - $40.00 [Member]
Contractual weighted-average lives of outstanding options at various prices [Abstract]
From (in dollars per share)	$30.01
To (in dollars per share)	$40
Outstanding shares (in shares)	22,000
Weighted-Average Remaining Contractual Life	1 year 7 months 6 days
Weighted-average exercise price (in dollars per share)	$32.69
Exercisable shares (in shares)	22,000
Weighted-Average Remaining Contractual Life	1 year 7 months 6 days
Weighted-average exercise price (in dollars per share)	$32.69

INCOME_TAXES_Details

INCOME TAXES (Details) (USD $)	3 Months Ended								12 Months Ended
INCOME TAXES (Details) (USD $)	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Current [Abstract]
Federal									$5,208,000	$135,000	($4,126,000)
State									223,000	510,000	280,000
Total current tax									5,431,000	645,000	-3,846,000
Deferred [Abstract]
Federal									-885,000	3,046,000	1,412,000
State									-747,000	31,000	1,162,000
Total deferred tax									-1,632,000	3,077,000	2,574,000
Valuation allowance									-79,000	0	558,000
Total	687,000	875,000	1,047,000	1,111,000	866,000	1,557,000	816,000	483,000	3,720,000	3,722,000	-714,000
Effective income tax rate reconciliation [Abstract]
Federal income tax expense (benefit) at statutory rates (in hundredths)									35.00%	34.00%	-34.00%
Surtax exemption (in hundredths)									-1.00%	0.00%	0.00%
Tax-exempt income (in hundredths)									-14.00%	-14.00%	-82.00%
State income taxes, net of federal benefit (in hundredths)									1.00%	2.00%	26.00%
Deferred tax asset adjustment (in hundredths)									-2.00%	0.00%	62.00%
Other (in hundredths)									1.00%	1.00%	-1.00%
Total (in hundredths)									20.00%	23.00%	-29.00%
Deferred tax assets [Abstract]
Allowance for loan losses	7,576,000				6,269,000				7,576,000	6,269,000	6,458,000
Post-retirement benefits	0				0				0	0	571,000
Deferred compensation	1,652,000				1,588,000				1,652,000	1,588,000	1,642,000
Stock-based compensation	459,000				668,000				459,000	668,000	458,000
Unrealized losses on securities available for sale	0				2,336,000				0	2,336,000	0
Realized losses on securities reclassed from available for sale to held to maturity	1,180,000				0				1,180,000	0	0
Unfunded pension obligation	2,496,000				94,000				2,496,000	94,000	2,826,000
Alternative Minimum Tax credit	3,925,000				668,000				3,925,000	668,000	537,000
Net operating loss carryforward	1,169,000				2,864,000				1,169,000	2,864,000	5,277,000
Other	992,000				961,000				992,000	961,000	1,300,000
Total deferred tax assets	19,449,000				15,448,000				19,449,000	15,448,000	19,069,000
Deferred tax liabilities [Abstract]
Unrealized gains on securities available for sale	-1,724,000				0				-1,724,000	0	-6,019,000
Other	-842,000				-961,000				-842,000	-961,000	-1,107,000
Total deferred tax liabilities	-2,566,000				-961,000				-2,566,000	-961,000	-7,126,000
Valuation allowance	-1,169,000				-534,000				-1,169,000	-534,000	-558,000
Net deferred tax asset	15,714,000				13,953,000				15,714,000	13,953,000	11,385,000
Income Tax Contingency [Line Items]
Net operating loss carryforwards	0								0
Valuation allowance	1,169,000				534,000				1,169,000	534,000	558,000
Income tax reconciliation, change in enacted tax rate									818,000
Federal income tax statutory rates (in hundredths)									35.00%	34.00%	-34.00%
Increase in income tax due to change in effective tax rates									172,000
Income tax reconciliation, nondeductible expense, share-based compensation cost									454,000
Cumulative net tax benefit									536,000
Estimated effective tax rate (in hundredths)									22.40%	22.60%
Unrecognized tax benefits including interest	34,000				34,000				34,000	34,000	34,000
Changes in unrecognized tax benefits [Roll Forward]
Balance January 1				34,000				34,000	34,000	34,000	38,000
Additions from current year tax positions									0	0	1,000
Reductions for prior year tax positions									0	0	-5,000
Balance December 31	34,000				34,000				34,000	34,000	34,000
Minimum [Member]
Income Tax Contingency [Line Items]
Taxable income									10,000,000
Maximum [Member]
Income Tax Contingency [Line Items]
Taxable income									15,000,000
Taxable Income Slab Amount Up to 10 Million [Member]
Effective income tax rate reconciliation [Abstract]
Federal income tax expense (benefit) at statutory rates (in hundredths)									34.00%
Income Tax Contingency [Line Items]
Federal income tax statutory rates (in hundredths)									34.00%
Taxable Income Slab Amount From 10 Million to 15 Million [Member]
Effective income tax rate reconciliation [Abstract]
Federal income tax expense (benefit) at statutory rates (in hundredths)									35.00%
Income Tax Contingency [Line Items]
Federal income tax statutory rates (in hundredths)									35.00%
New York State [Member]
Deferred tax liabilities [Abstract]
Valuation allowance	-1,200,000								-1,200,000
Income Tax Contingency [Line Items]
Net operating loss carryforwards	26,200,000								26,200,000
Valuation allowance	1,200,000								1,200,000
Operating loss carryforwards, expiration dates									31-Dec-32
Corporate tax rate, effective (in hundredths)	7.10%								7.10%
Corporate tax rate, future - 2016 (in hundredths)	6.50%								6.50%
Asset qualifying threshold for tax modification	8,000,000,000								8,000,000,000
Maximum mortgage threshold for loans	$5,000,000								$5,000,000

EMPLOYEE_BENEFITS_Details

EMPLOYEE BENEFITS (Details) (USD $)	12 Months Ended
EMPLOYEE BENEFITS (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Plan's funded status and amounts recognized in the Consolidated Statements Of Condition [Abstract]
Optional Required Contribution for Pension Plan	$1,000,000
Minimum Required Contribution for Pension Plan	0		1,000,000
Additional minimum required contribution for the pension plan	0
Expected net periodic pension cost [Abstract]
Non recurring gain		1,700,000
Minimum age of employee to participate in 401(k) retirement plan	21 years
Minimum hours worked to participate in 401K retirement plan	40 hours
Minimum tenure of service to participate in 401K plan	15 days
Employee contribution limit for 401K Plan	17,500
Percentage of employee annual gross compensation for employer matching contribution for 401(k) Plan, maximum (in hundredths)	6.00%
Contributions under the 401(k) Plan	515,000	486,000	110,000
Deferred Compensation Arrangement with Individual, Postretirement Benefits [Line Items]
Net insurance (expense) income	-1,355,000	-755,000	0
Director [Member]
Deferred Compensation Arrangement with Individual, Postretirement Benefits [Line Items]
Participants deferred compensation	1,100,000	1,100,000
U.S. Equity Securities [Member]
Plan's change in plan assets [Roll Forward]
Fair value of plan assets at end of year		9,395,000
Non U.S. Equity Securities [Member]
Plan's change in plan assets [Roll Forward]
Fair value of plan assets at end of year		15,654,000
U.S. Fixed Income Securities [Member] \| Fair Value, Measurements, Recurring [Member]
Plan's change in plan assets [Roll Forward]
Fair value of plan assets at end of year		13,692,000
Active Markets for Identical Assets Quoted Prices (Level 1) [Member] \| U.S. Equity Securities [Member]
Plan's change in plan assets [Roll Forward]
Fair value of plan assets at end of year		9,395,000
Active Markets for Identical Assets Quoted Prices (Level 1) [Member] \| Non U.S. Equity Securities [Member]
Plan's change in plan assets [Roll Forward]
Fair value of plan assets at end of year		15,654,000
Significant other Observable Inputs (Level 2) [Member] \| U.S. Equity Securities [Member]
Plan's change in plan assets [Roll Forward]
Fair value of plan assets at end of year		0
Significant other Observable Inputs (Level 2) [Member] \| Non U.S. Equity Securities [Member]
Plan's change in plan assets [Roll Forward]
Fair value of plan assets at end of year		0
Qualified Pension Plan [Member]
Plan's change in benefit obligation [Roll Forward]
Benefit obligation at start of year	41,713,000	45,376,000	53,028,000
Service cost	0	0	2,665,000
Interest cost	2,158,000	1,993,000	2,218,000
Actuarial loss (gain)	7,709,000	-3,970,000	-3,789,000
Benefits paid	-1,846,000	-1,686,000	-1,777,000
Curtailment	0	0	-6,969,000
Benefit obligation at end of year	49,734,000	41,713,000	45,376,000
Plan's change in plan assets [Roll Forward]
Fair value of plan assets at start of year	41,456,000	37,595,000	34,817,000
Actual return on plan assets	2,992,000	5,758,000	3,615,000
Employer contribution	1,000,000	0	1,000,000
Benefits paid and actual expenses	-2,017,000	-1,897,000	-1,837,000
Fair value of plan assets at end of year	43,431,000	41,456,000	37,595,000
Plan's funded status and amounts recognized in the Consolidated Statements Of Condition [Abstract]
Under Funded Status	-6,303,000	-258,000
Amounts Included in Other Liabilities	-6,303,000	-258,000
Accumulated Benefit Obligation	49,734,000	41,713,000
Estimated benefits to be paid during the years [Abstract]
2015	1,996,000
2016	2,084,000
2017	2,202,000
2018	2,271,000
2019	2,348,000
2020-2024	12,787,000
Net periodic pension cost [Abstract]
Service cost	0	0	2,665,000
Interest cost on projected benefit obligations	2,158,000	1,993,000	2,218,000
Expected return on plan assets	-2,548,000	-2,302,000	-2,362,000
Amortization of net loss	25,000	245,000	1,628,000
Curtailment gain	0	0	-1,000
Net periodic pension (credit) cost	-365,000	-64,000	4,148,000
Other changes in plan assets and benefit obligations recognized in other comprehensive income [Abstract]
Net actuarial loss (gain)	7,435,000	-7,215,000	-4,982,000
Amortization of net (loss) gain	-25,000	-245,000	-1,630,000
Amortization of prior service cost	0	0	2,000
Curtailment	0	0	-6,968,000
Total recognized in other comprehensive (income) loss	7,410,000	-7,460,000	-13,578,000
Total recognized in net periodic pension cost and other comprehensive loss (income)	7,045,000	-7,524,000	-9,430,000
Weighted-average discount rate (in hundredths)	5.33%	4.50%	4.27%
Rate of increase in future compensation (in hundredths)	0.00%	0.00%	3.50%
Expected long-term rate of return on assets (in hundredths)	7.00%	7.00%	7.00%
Assumptions Used in Calculations [Abstract]
Discount rate	4.32%	5.33%
Rate of increase in future compensation	0.00%	0.00%
Expected net periodic pension cost [Abstract]
Service cost	0
Interest cost on projected benefit obligations	2,099,000
Expected return on plan assets	-2,792,000
Amortization of net loss	248,000
Net periodic pension cost	-445,000
Weighted-average discount rate (in hundredths)	4.32%
Rate of increase in future compensation (in hundredths)	0.00%
Expected long-term rate of return on assets (in hundredths)	7.00%
Pension plan weighted-average asset allocations (in hundredths)	100.00%	100.00%
Qualified Pension Plan [Member] \| Fair Value, Measurements, Recurring [Member]
Plan's change in plan assets [Roll Forward]
Fair value of plan assets at end of year	43,431,000	41,456,000
Qualified Pension Plan [Member] \| Short-term Investment Funds [Member] \| Fair Value, Measurements, Recurring [Member]
Plan's change in plan assets [Roll Forward]
Fair value of plan assets at end of year	1,423,000	290,000
Qualified Pension Plan [Member] \| U.S. Equity Securities [Member] \| Fair Value, Measurements, Recurring [Member]
Plan's change in plan assets [Roll Forward]
Fair value of plan assets at end of year	9,389,000
Qualified Pension Plan [Member] \| Non U.S. Equity Securities [Member] \| Fair Value, Measurements, Recurring [Member]
Plan's change in plan assets [Roll Forward]
Fair value of plan assets at end of year	15,123,000
Qualified Pension Plan [Member] \| U.S. Fixed Income Securities [Member] \| Fair Value, Measurements, Recurring [Member]
Plan's change in plan assets [Roll Forward]
Fair value of plan assets at end of year	15,152,000
Qualified Pension Plan [Member] \| Non U.S. Fixed Income Securities [Securities] \| Fair Value, Measurements, Recurring [Member]
Plan's change in plan assets [Roll Forward]
Fair value of plan assets at end of year	2,344,000	2,425,000
Qualified Pension Plan [Member] \| Active Markets for Identical Assets Quoted Prices (Level 1) [Member] \| Fair Value, Measurements, Recurring [Member]
Plan's change in plan assets [Roll Forward]
Fair value of plan assets at end of year	25,935,000	25,339,000
Qualified Pension Plan [Member] \| Active Markets for Identical Assets Quoted Prices (Level 1) [Member] \| Short-term Investment Funds [Member] \| Fair Value, Measurements, Recurring [Member]
Plan's change in plan assets [Roll Forward]
Fair value of plan assets at end of year	1,423,000	290,000
Qualified Pension Plan [Member] \| Active Markets for Identical Assets Quoted Prices (Level 1) [Member] \| U.S. Equity Securities [Member] \| Fair Value, Measurements, Recurring [Member]
Plan's change in plan assets [Roll Forward]
Fair value of plan assets at end of year	9,389,000
Qualified Pension Plan [Member] \| Active Markets for Identical Assets Quoted Prices (Level 1) [Member] \| Non U.S. Equity Securities [Member] \| Fair Value, Measurements, Recurring [Member]
Plan's change in plan assets [Roll Forward]
Fair value of plan assets at end of year	15,123,000
Qualified Pension Plan [Member] \| Active Markets for Identical Assets Quoted Prices (Level 1) [Member] \| U.S. Fixed Income Securities [Member] \| Fair Value, Measurements, Recurring [Member]
Plan's change in plan assets [Roll Forward]
Fair value of plan assets at end of year	0	0
Qualified Pension Plan [Member] \| Active Markets for Identical Assets Quoted Prices (Level 1) [Member] \| Non U.S. Fixed Income Securities [Securities] \| Fair Value, Measurements, Recurring [Member]
Plan's change in plan assets [Roll Forward]
Fair value of plan assets at end of year	0	0
Qualified Pension Plan [Member] \| Significant other Observable Inputs (Level 2) [Member] \| Fair Value, Measurements, Recurring [Member]
Plan's change in plan assets [Roll Forward]
Fair value of plan assets at end of year	17,496,000	16,117,000
Qualified Pension Plan [Member] \| Significant other Observable Inputs (Level 2) [Member] \| Short-term Investment Funds [Member] \| Fair Value, Measurements, Recurring [Member]
Plan's change in plan assets [Roll Forward]
Fair value of plan assets at end of year	0	0
Qualified Pension Plan [Member] \| Significant other Observable Inputs (Level 2) [Member] \| U.S. Equity Securities [Member] \| Fair Value, Measurements, Recurring [Member]
Plan's change in plan assets [Roll Forward]
Fair value of plan assets at end of year	0
Qualified Pension Plan [Member] \| Significant other Observable Inputs (Level 2) [Member] \| Non U.S. Equity Securities [Member] \| Fair Value, Measurements, Recurring [Member]
Plan's change in plan assets [Roll Forward]
Fair value of plan assets at end of year	0
Qualified Pension Plan [Member] \| Significant other Observable Inputs (Level 2) [Member] \| U.S. Fixed Income Securities [Member] \| Fair Value, Measurements, Recurring [Member]
Plan's change in plan assets [Roll Forward]
Fair value of plan assets at end of year	15,152,000	13,692,000
Qualified Pension Plan [Member] \| Significant other Observable Inputs (Level 2) [Member] \| Non U.S. Fixed Income Securities [Securities] \| Fair Value, Measurements, Recurring [Member]
Plan's change in plan assets [Roll Forward]
Fair value of plan assets at end of year	2,344,000	2,425,000
Qualified Pension Plan [Member] \| Cash [Member]
Expected net periodic pension cost [Abstract]
Pension plan weighted-average asset allocations (in hundredths)	3.00%	1.00%
Qualified Pension Plan [Member] \| Equity Securities [Member]
Target Allocation [Abstract]
Target Allocations, Minimum (in hundredths)	54.00%
Target Allocations, Maximum (in hundredths)	64.00%
Expected net periodic pension cost [Abstract]
Pension plan weighted-average asset allocations (in hundredths)	57.00%	60.00%
Qualified Pension Plan [Member] \| Debt Securities [Member]
Expected net periodic pension cost [Abstract]
Pension plan weighted-average asset allocations (in hundredths)	40.00%	39.00%
Qualified Pension Plan [Member] \| Cash Equivalents [Member]
Target Allocation [Abstract]
Target Allocations, Minimum (in hundredths)	0.00%
Target Allocations, Maximum (in hundredths)	5.00%
Qualified Pension Plan [Member] \| Fixed Income Securities [Member]
Target Allocation [Abstract]
Target Allocations, Minimum (in hundredths)	36.00%
Target Allocations, Maximum (in hundredths)	46.00%
1986 Plan [Member]
Deferred Compensation Arrangement with Individual, Postretirement Benefits [Line Items]
Interest accrued on deferred compensation	68,000	71,000	-13,000
Payment to participants	64,000
Net insurance (expense) income	0	0	-155,000
Participants deferred compensation	177,000
1999 Plan [Member]
Deferred Compensation Arrangement with Individual, Postretirement Benefits [Line Items]
Payment to participants	396,000	356,000	383,000
Participants deferred compensation	$132,000	$95,000	$64,000

COMMITMENTS_AND_CONTINGENT_LIA2

COMMITMENTS AND CONTINGENT LIABILITIES (Details) (USD $)	12 Months Ended
COMMITMENTS AND CONTINGENT LIABILITIES (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Outstanding letter of credit, maturity [Abstract]
Average balance maintained at the FRBNY	$320,000,000	$200,000,000
Total rental expense	1,100,000	1,600,000	1,300,000
Capital Leases [Abstract]
2015	317,000
2016	329,000
2017	341,000
2018	347,000
2019	354,000
Thereafter	4,706,000
Total minimum lease payments	6,394,000
Less: amounts representing interest	1,883,000
Present value of minimum lease payments	4,511,000
Operating Leases [Abstract]
2015	1,742,000
2016	1,514,000
2017	1,372,000
2018	1,031,000
2019	879,000
Thereafter	1,285,000
Total minimum lease payments	7,823,000
Standby Letters of Credit [Member]
Line of Credit Facility [Line Items]
Letters of credit	17,000,000	18,000,000
Outstanding letter of credit, maturity [Abstract]
2015	16,732,000
2016	500,000
Total	17,232,000
Commitments to Extend Credit [Member]
Outstanding letter of credit, maturity [Abstract]
Commitment to originate loans and commitments under unused lines of credit	$180,000,000	$113,000,000

REGULATORY_MATTERS_Details

REGULATORY MATTERS (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013
Total Capital to risk-weighted assets [Abstract]
Actual capital ratios, Amount	$201,476,000	$181,952,000
Minimum for capital adequacy, Amount	121,608,000	97,542,000
Minimum to be Well Capitalized under prompt corrective action provisions, Amount	152,010,000	121,927,000
Total Capital to risk-weighted assets Ratios [Abstract]
Actual capital ratios, Ratio (in hundredths)	13.25%	14.92%
Minimum for capital adequacy, Ratio (in hundredths)	8.00%	8.00%
Minimum to be Well Capitalized under prompt corrective action provisions, Ratio (in hundredths)	10.00%	10.00%
Tier 1 Capital to risk-weighted assets [Abstract]
Actual capital ratios, Amount	182,469,000	166,683,000
Minimum for capital adequacy, Amount	60,804,000	48,771,000
Minimum to be Well Capitalized under prompt corrective action provisions, Amount	91,206,000	73,156,000
Tier 1 Capital to risk-weighted assets Ratio [Abstract]
Actual capital ratios, ratio (in hundredths)	12.00%	13.67%
Minimum for capital adequacy, Ratio (in hundredths)	4.00%	4.00%
Minimum to be Well Capitalized under prompt corrective action provisions, Ratio (in hundredths)	6.00%	6.00%
Tier 1 Capital to adjusted average assets (leverage) [Abstract]
Actual capital ratios, Amount	182,469,000	166,683,000
Minimum for capital adequacy, Amount	73,312,000	68,454,000
Minimum to be Well Capitalized under prompt corrective action provisions, Amount	91,640,000	85,567,000
Tier 1 Capital to adjusted average assets (leverage) Ratios [Abstract]
Actual capital ratios, ratio (in hundredths)	9.96%	9.74%
Minimum for capital adequacy, Ratio (in hundredths)	4.00%	4.00%
Minimum to be Well Capitalized under prompt corrective action provisions, Ratio (in hundredths)	5.00%	5.00%
Tier 1 Leverage Capital ratio (in hundredths)	9.96%	9.74%
Tier 1 Risk-based Capital Ratio (in hundredths)	12.00%	13.67%
Total Risk-based Capital Ratio (in hundredths)	13.25%	14.92%
Amount available for dividends	$26,300,000
Parent Company [Member]
Total Capital to risk-weighted assets Ratios [Abstract]
Actual capital ratios, Ratio (in hundredths)	13.35%	15.02%
Tier 1 Capital to risk-weighted assets Ratio [Abstract]
Actual capital ratios, ratio (in hundredths)	12.10%	13.77%
Tier 1 Capital to adjusted average assets (leverage) Ratios [Abstract]
Actual capital ratios, ratio (in hundredths)	10.04%	9.81%
Tier 1 Leverage Capital ratio (in hundredths)	10.04%	9.81%
Tier 1 Risk-based Capital Ratio (in hundredths)	12.10%	13.77%
Total Risk-based Capital Ratio (in hundredths)	13.35%	15.02%

CONCENTRATIONS_Details

CONCENTRATIONS (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Concentration Risk [Line Items]
Total loans	$1,355,427	$1,068,848
Investment Securities [Member]
Concentration Risk [Line Items]
Concentration risk, percentage (in hundredths)	100.00%
Total investment securities	360,940
Investment Securities [Member] \| Assets [Member]
Concentration Risk [Line Items]
Concentration risk, percentage (in hundredths)	19.00%
Loans [Member]
Concentration Risk [Line Items]
Total loans	1,355,427
Concentration risk, percentage (in hundredths)	100.00%
Loans [Member] \| Assets [Member]
Concentration Risk [Line Items]
Concentration risk, percentage (in hundredths)	71.50%
Commercial and Industrial [Member] \| Loans [Member]
Concentration Risk [Line Items]
Total loans	177,813
Concentration risk, percentage (in hundredths)	13.10%
Commercial and Industrial [Member] \| Loans [Member] \| Assets [Member]
Concentration Risk [Line Items]
Concentration risk, percentage (in hundredths)	9.40%
Commercial Real Estate [Member] \| Loans [Member]
Concentration Risk [Line Items]
Total loans	560,524
Concentration risk, percentage (in hundredths)	41.40%
Commercial Real Estate [Member] \| Loans [Member] \| Assets [Member]
Concentration Risk [Line Items]
Concentration risk, percentage (in hundredths)	29.60%
Multifamily [Member] \| Loans [Member]
Concentration Risk [Line Items]
Total loans	309,666
Concentration risk, percentage (in hundredths)	22.80%
Multifamily [Member] \| Loans [Member] \| Assets [Member]
Concentration Risk [Line Items]
Concentration risk, percentage (in hundredths)	16.30%
Mixed Use Commercial [Member] \| Loans [Member]
Concentration Risk [Line Items]
Total loans	34,806
Concentration risk, percentage (in hundredths)	2.60%
Mixed Use Commercial [Member] \| Loans [Member] \| Assets [Member]
Concentration Risk [Line Items]
Concentration risk, percentage (in hundredths)	1.80%
Real Estate Construction [Member] \| Loans [Member]
Concentration Risk [Line Items]
Total loans	26,206
Concentration risk, percentage (in hundredths)	1.90%
Real Estate Construction [Member] \| Loans [Member] \| Assets [Member]
Concentration Risk [Line Items]
Concentration risk, percentage (in hundredths)	1.40%
Residential Mortgages [Member] \| Loans [Member]
Concentration Risk [Line Items]
Total loans	187,828
Concentration risk, percentage (in hundredths)	13.90%
Residential Mortgages [Member] \| Loans [Member] \| Assets [Member]
Concentration Risk [Line Items]
Concentration risk, percentage (in hundredths)	9.90%
Home Equity [Member] \| Loans [Member]
Concentration Risk [Line Items]
Total loans	50,982
Concentration risk, percentage (in hundredths)	3.80%
Home Equity [Member] \| Loans [Member] \| Assets [Member]
Concentration Risk [Line Items]
Concentration risk, percentage (in hundredths)	2.70%
Consumer [Member] \| Loans [Member]
Concentration Risk [Line Items]
Total loans	7,602
Concentration risk, percentage (in hundredths)	0.50%
Consumer [Member] \| Loans [Member] \| Assets [Member]
Concentration Risk [Line Items]
Concentration risk, percentage (in hundredths)	0.40%
US Government Agency Securities [Member] \| Investment Securities [Member]
Concentration Risk [Line Items]
Concentration risk, percentage (in hundredths)	24.90%
Total investment securities	89,942
US Government Agency Securities [Member] \| Investment Securities [Member] \| Assets [Member]
Concentration Risk [Line Items]
Concentration risk, percentage (in hundredths)	4.70%
Corporate Bonds [Member] \| Investment Securities [Member]
Concentration Risk [Line Items]
Concentration risk, percentage (in hundredths)	1.80%
Total investment securities	6,408
Corporate Bonds [Member] \| Investment Securities [Member] \| Assets [Member]
Concentration Risk [Line Items]
Concentration risk, percentage (in hundredths)	0.30%
Collateralized Mortgage Obligations [Member] \| Investment Securities [Member]
Concentration Risk [Line Items]
Concentration risk, percentage (in hundredths)	6.10%
Total investment securities	21,997
Collateralized Mortgage Obligations [Member] \| Investment Securities [Member] \| Assets [Member]
Concentration Risk [Line Items]
Concentration risk, percentage (in hundredths)	1.20%
Mortgage-backed Securities [Member] \| Investment Securities [Member]
Concentration Risk [Line Items]
Concentration risk, percentage (in hundredths)	25.20%
Total investment securities	90,919
Mortgage-backed Securities [Member] \| Investment Securities [Member] \| Assets [Member]
Concentration Risk [Line Items]
Concentration risk, percentage (in hundredths)	4.80%
Obligations of States and Political Subdivisions [Member] \| Investment Securities [Member]
Concentration Risk [Line Items]
Concentration risk, percentage (in hundredths)	42.00%
Total investment securities	$151,674
Obligations of States and Political Subdivisions [Member] \| Investment Securities [Member] \| Assets [Member]
Concentration Risk [Line Items]
Concentration risk, percentage (in hundredths)	8.00%

FAIR_VALUE_Balance_Sheets_Grou

FAIR VALUE, Balance Sheets Grouping (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014		Dec. 31, 2013
Carrying amounts and fair values of financial instruments [Abstract]
Interest-bearing time deposits in other banks	$10,000		$10,000
Investment securities held to maturity	64,796		12,234
Investment securities available for sale	298,670		400,780
Financial Liabilities:
Borrowings	130,000		0
Percentage of derivative in net sale proceeds (in hundredths)	12.00%
Carrying Amount [Member]
Carrying amounts and fair values of financial instruments [Abstract]
Federal Reserve Bank, Federal Home Loan Bank and other stock	8,600		2,863
Carrying Amount [Member] \| Level 1 [Member]
Carrying amounts and fair values of financial instruments [Abstract]
Cash and due from banks	54,516		131,352
Carrying Amount [Member] \| Level 2 [Member]
Carrying amounts and fair values of financial instruments [Abstract]
Federal funds sold	1,000		1,000
Interest-bearing time deposits in other banks	10,000		10,000
Investment securities held to maturity	62,270		11,666
Investment securities available for sale	298,670		400,780
Loans held for sale	26,495		175
Accrued interest and loan fees receivable	5,676		5,441
Financial Liabilities:
Non-maturity deposits	1,337,301		1,284,982
Time deposits	218,759		225,079
Borrowings	130,000		0
Accrued interest payable	136		160
Carrying Amount [Member] \| Level 3 [Member]
Financial Liabilities:
Derivatives	752		932
Carrying Amount [Member] \| Level 2/3 [Member]
Carrying amounts and fair values of financial instruments [Abstract]
Loans, net of allowance	1,336,227	[1]	1,051,585	[1]
Estimated Fair Value [Member] \| Level 1 [Member]
Carrying amounts and fair values of financial instruments [Abstract]
Cash and due from banks	54,516		131,352
Estimated Fair Value [Member] \| Level 2 [Member]
Carrying amounts and fair values of financial instruments [Abstract]
Federal funds sold	1,000		1,000
Interest-bearing time deposits in other banks	10,017		10,000
Investment securities held to maturity	64,796		12,234
Investment securities available for sale	298,670		400,780
Loans held for sale	26,495		175
Accrued interest and loan fees receivable	5,676		5,441
Financial Liabilities:
Non-maturity deposits	1,337,301		1,284,982
Time deposits	219,089		225,946
Borrowings	130,004		0
Accrued interest payable	136		160
Estimated Fair Value [Member] \| Level 3 [Member]
Financial Liabilities:
Derivatives	752		932
Estimated Fair Value [Member] \| Level 2/3 [Member]
Carrying amounts and fair values of financial instruments [Abstract]
Loans, net of allowance	$1,329,041	[1]	$1,056,279	[1]

[1]	Impaired loans are generally classified within Level 3 of the fair value hierarchy.

FAIR_VALUE_Nonrecurring_Basis_

FAIR VALUE, Non-recurring Basis (Details) (Fair Value, Measurements, Nonrecurring [Member], USD $)	Dec. 31, 2014		Dec. 31, 2013
In Thousands, unless otherwise specified	Dec. 31, 2014		Dec. 31, 2013
Assets measured at fair value on a non-recurring basis [Abstract]
Impaired loans	$16,559	[1]	$16,942	[1]
Total	16,559		16,942
Significant Unobservable Inputs (Level 3) [Member]
Assets measured at fair value on a non-recurring basis [Abstract]
Impaired loans	16,559	[1]	16,942	[1]
Total	$16,559		$16,942

[1]	Collateral dependent.

FAIR_VALUE_Recurring_Basis_Det

FAIR VALUE, Recurring Basis (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Assets [Abstract]
Estimated Fair value	$298,670	$400,780
Fair Value, Measurements, Recurring [Member]
Assets [Abstract]
Estimated Fair value	298,670	400,780
Liabilities [Abstract]
Derivatives	752	932
Total	752	932
Fair Value, Measurements, Recurring [Member] \| US Government Agency Securities [Member]
Assets [Abstract]
Estimated Fair value	41,577	100,095
Fair Value, Measurements, Recurring [Member] \| Corporate Bonds [Member]
Assets [Abstract]
Estimated Fair value	6,408	15,651
Fair Value, Measurements, Recurring [Member] \| Collateralized Mortgage Obligations [Member]
Assets [Abstract]
Estimated Fair value	21,997	30,104
Fair Value, Measurements, Recurring [Member] \| Mortgage-backed Securities [Member]
Assets [Abstract]
Estimated Fair value	90,919	97,767
Fair Value, Measurements, Recurring [Member] \| Obligations of States and Political Subdivisions [Member]
Assets [Abstract]
Estimated Fair value	137,769	157,163
Fair Value, Measurements, Recurring [Member] \| Significant Other Observable Inputs (Level 2) [Member]
Assets [Abstract]
Estimated Fair value	298,670	400,780
Liabilities [Abstract]
Derivatives	0	0
Total	0	0
Fair Value, Measurements, Recurring [Member] \| Significant Other Observable Inputs (Level 2) [Member] \| US Government Agency Securities [Member]
Assets [Abstract]
Estimated Fair value	41,577	100,095
Fair Value, Measurements, Recurring [Member] \| Significant Other Observable Inputs (Level 2) [Member] \| Corporate Bonds [Member]
Assets [Abstract]
Estimated Fair value	6,408	15,651
Fair Value, Measurements, Recurring [Member] \| Significant Other Observable Inputs (Level 2) [Member] \| Collateralized Mortgage Obligations [Member]
Assets [Abstract]
Estimated Fair value	21,997	30,104
Fair Value, Measurements, Recurring [Member] \| Significant Other Observable Inputs (Level 2) [Member] \| Mortgage-backed Securities [Member]
Assets [Abstract]
Estimated Fair value	90,919	97,767
Fair Value, Measurements, Recurring [Member] \| Significant Other Observable Inputs (Level 2) [Member] \| Obligations of States and Political Subdivisions [Member]
Assets [Abstract]
Estimated Fair value	137,769	157,163
Fair Value, Measurements, Recurring [Member] \| Significant Unobservable Inputs (Level 3) [Member]
Assets [Abstract]
Estimated Fair value	0	0
Liabilities [Abstract]
Derivatives	752	932
Total	752	932
Fair Value, Measurements, Recurring [Member] \| Significant Unobservable Inputs (Level 3) [Member] \| US Government Agency Securities [Member]
Assets [Abstract]
Estimated Fair value	0	0
Fair Value, Measurements, Recurring [Member] \| Significant Unobservable Inputs (Level 3) [Member] \| Corporate Bonds [Member]
Assets [Abstract]
Estimated Fair value	0	0
Fair Value, Measurements, Recurring [Member] \| Significant Unobservable Inputs (Level 3) [Member] \| Collateralized Mortgage Obligations [Member]
Assets [Abstract]
Estimated Fair value	0	0
Fair Value, Measurements, Recurring [Member] \| Significant Unobservable Inputs (Level 3) [Member] \| Mortgage-backed Securities [Member]
Assets [Abstract]
Estimated Fair value	0	0
Fair Value, Measurements, Recurring [Member] \| Significant Unobservable Inputs (Level 3) [Member] \| Obligations of States and Political Subdivisions [Member]
Assets [Abstract]
Estimated Fair value	$0	$0

FAIR_VALUE_Reconciliations_for

FAIR VALUE, Reconciliations for Assets and Liabilities Measured at Fair Value on a Recurring Basis Using Significant Unobservable Inputs (Level 3) (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014		Dec. 31, 2013		Dec. 31, 2012
Level 3 [Member]
Fair Value Inputs, Liabilities, Quantitative Information [Line Items]
Total	$16,559	[1]	$16,942	[1]
Third Party Appraisal and or Internal Evaluation [Member] \| Level 3 [Member] \| Commercial and Industrial [Member]
Fair Value Inputs, Liabilities, Quantitative Information [Line Items]
Total	3,049	[1]	3,384	[1]
Third Party Appraisal and or Internal Evaluation [Member] \| Level 3 [Member] \| Commercial and Industrial [Member] \| Minimum [Member]
Fair Value Inputs, Liabilities, Quantitative Information [Line Items]
Discounts to appraisals for market conditions and selling costs (in hundredths)	5.60%
Third Party Appraisal and or Internal Evaluation [Member] \| Level 3 [Member] \| Commercial and Industrial [Member] \| Maximum [Member]
Fair Value Inputs, Liabilities, Quantitative Information [Line Items]
Discounts to appraisals for market conditions and selling costs (in hundredths)	50.00%
Third Party Appraisal and or Internal Evaluation [Member] \| Level 3 [Member] \| Commercial Real Estate [Member]
Fair Value Inputs, Liabilities, Quantitative Information [Line Items]
Total	6,521	[1]	7,426	[1]
Third Party Appraisal and or Internal Evaluation [Member] \| Level 3 [Member] \| Commercial Real Estate [Member] \| Minimum [Member]
Fair Value Inputs, Liabilities, Quantitative Information [Line Items]
Discounts to appraisals for market conditions and selling costs (in hundredths)	5.60%
Third Party Appraisal and or Internal Evaluation [Member] \| Level 3 [Member] \| Commercial Real Estate [Member] \| Maximum [Member]
Fair Value Inputs, Liabilities, Quantitative Information [Line Items]
Discounts to appraisals for market conditions and selling costs (in hundredths)	6.60%
Third Party Appraisal [Member] \| Level 3 [Member] \| Residential Mortgages [Member]
Fair Value Inputs, Liabilities, Quantitative Information [Line Items]
Total	5,422	[1]	5,050	[1]
Discounts to appraisals for market conditions and selling costs (in hundredths)	25.00%
Third Party Appraisal [Member] \| Level 3 [Member] \| Home Equity [Member]
Fair Value Inputs, Liabilities, Quantitative Information [Line Items]
Total	1,567	[1]	1,082	[1]
Discounts to appraisals for market conditions and selling costs (in hundredths)	25.00%
Liabilities Derivatives [Member]
Fair Value Measurements Using Significant Unobservable Inputs (Level 3) [Rollforward]
Beginning balance	932		0		0
Sales					0
Net increases (decreases)	-180		932		0
Ending balance	752		932		0
Assets Collateralized Mortgage Obligations [Member]
Fair Value Measurements Using Significant Unobservable Inputs (Level 3) [Rollforward]
Beginning balance	0		0		7,994
Sales					-7,994
Net increases (decreases)	0		0		0
Ending balance	$0		$0		$0

[1]	Collateral dependent.

SUFFOLK_BANCORP_PARENT_COMPANY2

SUFFOLK BANCORP (PARENT COMPANY ONLY) CONDENSED FINANCIAL STATEMENTS (Details) (USD $)	3 Months Ended								12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Assets [Abstract]
Other Assets	$3,554				$4,007				$3,554	$4,007
TOTAL ASSETS	1,895,283				1,699,816				1,895,283	1,699,816
Liabilities and Stockholders' Equity [Abstract]
Other Liabilities	15,676				17,687				15,676	17,687
Stockholders' Equity	182,733				167,198				182,733	167,198	163,985
TOTAL LIABILITIES & STOCKHOLDERS' EQUITY	1,895,283				1,699,816				1,895,283	1,699,816
Expense [Abstract]
Other Expense									5,479	6,304	9,699
Income (loss) before equity in undistributed net income (loss) of the Bank									-19,015	-16,440	2,462
Net income (loss)	4,066	3,738	3,771	3,720	3,328	3,912	2,769	2,709	15,295	12,718	-1,748
Total Comprehensive Income (Loss)									15,741	2,543	4,208
Cash Flows From Operating Activities [Abstract]
Net income (loss)	4,066	3,738	3,771	3,720	3,328	3,912	2,769	2,709	15,295	12,718	-1,748
Stock-based compensation									811	579	458
Net cash provided by operating activities									11,426	25,606	23,293
Cash Flows From Investing Activities [Abstract]
Net cash (used in) provided by investing activities									-263,143	-358,022	48,002
Cash Flows From Financing Activities [Abstract]
Dividend reinvestment and stock option exercises									246	91	0
Net cash provided by financing activities									174,881	78,962	141,952
Net Increase in Cash and Cash Equivalents									-76,836	-253,454	213,247
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD				132,352				385,806	132,352	385,806	172,559
CASH AND CASH EQUIVALENTS, END OF PERIOD	55,516				132,352				55,516	132,352	385,806
Parent Company [Member]
Assets [Abstract]
Due from Banks	1,322				605				1,322	605	515
Investment in the Bank	180,926				165,924				180,926	165,924	163,007
Other Assets	674				669				674	669	463
TOTAL ASSETS	182,922				167,198				182,922	167,198	163,985
Liabilities and Stockholders' Equity [Abstract]
Other Liabilities	189				0				189	0	0
Stockholders' Equity	182,733				167,198				182,733	167,198	163,985
TOTAL LIABILITIES & STOCKHOLDERS' EQUITY	182,922				167,198				182,922	167,198	163,985
Income [Abstract]
Dividends from the Bank									1,399	0	0
Other Income									176	0	0
Expense [Abstract]
Other Expense									837	372	358
Income (loss) before equity in undistributed net income (loss) of the Bank									738	-372	-358
Equity in undistributed earnings (loss) of the Bank									14,557	13,090	-1,390
Net income (loss)									15,295	12,718	-1,748
Total Comprehensive Income (Loss)									15,741	2,543	4,208
Cash Flows From Operating Activities [Abstract]
Net income (loss)									15,295	12,718	-1,748
Less: equity in undistributed (earnings) loss of the Bank									-14,557	-13,090	1,390
Stock-based compensation									811	579	458
Increase in other assets									-4	-208	-130
Increase (decrease) in other liabilities									189	0	-119
Net cash provided by operating activities									1,734	-1	-149
Cash Flows From Investing Activities [Abstract]
Advances to the Bank									0	0	-22,500
Net cash (used in) provided by investing activities									0	0	-22,500
Cash Flows From Financing Activities [Abstract]
Dividend reinvestment and stock option exercises									382	91	0
Proceeds from issuance of capital stock									0	0	22,759
Dividends Paid									-1,399	0	0
Net cash provided by financing activities									-1,017	91	22,759
Net Increase in Cash and Cash Equivalents									717	90	110
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD				605				515	605	515	405
CASH AND CASH EQUIVALENTS, END OF PERIOD	$1,322				$605				$1,322	$605	$515

SELECTED_QUARTERLY_FINANCIAL_D2

SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED) (Details) (USD $)	3 Months Ended										12 Months Ended
Share data in Thousands, except Per Share data, unless otherwise specified	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013		Sep. 30, 2013		Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED) [Abstract]
Interest income	$16,783,000	$16,164,000	$16,171,000	$15,935,000	$15,969,000		$14,705,000		$14,560,000	$14,444,000	$65,053,000	$59,678,000	$60,447,000
Interest expense	638,000	615,000	629,000	637,000	682,000		733,000		747,000	768,000	2,519,000	2,930,000	3,719,000
Net interest income	16,145,000	15,549,000	15,542,000	15,298,000	15,287,000		13,972,000		13,813,000	13,676,000	62,534,000	56,748,000	56,728,000
Provision for loan losses	250,000	250,000	250,000	250,000	1,250,000	[1]	0		0	0	1,000,000	1,250,000	8,500,000
Net interest income after provision for loan losses	15,895,000	15,299,000	15,292,000	15,048,000	14,037,000		13,972,000		13,813,000	13,676,000	61,534,000	55,498,000	48,228,000
Non-interest income	2,580,000	2,550,000	2,678,000	3,092,000	7,139,000	[2]	6,587,000	[2]	2,464,000	3,317,000	10,900,000	19,507,000	10,881,000
Operating expenses	13,722,000	13,236,000	13,152,000	13,309,000	16,982,000	[3]	15,090,000	[3]	12,692,000	13,801,000	53,419,000	58,565,000	61,571,000
Income tax expense	687,000	875,000	1,047,000	1,111,000	866,000		1,557,000		816,000	483,000	3,720,000	3,722,000	-714,000
Net income	4,066,000	3,738,000	3,771,000	3,720,000	3,328,000		3,912,000		2,769,000	2,709,000	15,295,000	12,718,000	-1,748,000
Basic per-share data [Abstract]
Net income per common share - basic	$0.35	$0.32	$0.33	$0.32	$0.29		$0.34		$0.24	$0.23	$1.32	$1.10	($0.17)
Net income per common share - diluted	$0.35	$0.32	$0.32	$0.32	$0.29		$0.34		$0.24	$0.23	$1.31	$1.10	($0.17)
Cash dividends per common share (in dollars per share)	$0.06	$0.06	$0	$0	$0		$0		$0	$0
Average shares outstanding (in shares)											11,626,354	11,570,731	10,248,751
Impact of charge-offs					1,500,000						492,000	4,100,000	33,946,000
Sale of non-performing and classified loans					8,000,000
Gain on Visa shares sold					3,900,000		3,800,000				0	7,766,000	0
Branch consolidation costs					1,600,000		460,000				-449,000	2,074,000	0
Reserve and carrying costs related to Visa shares sold					$515,000		$474,000				$239,000	$989,000	$0

[1]	4th quarter 2013 amount reflects the impact of a charge-off of $1.5 million related to the sale of $8 million in non-performing and classified loans.
[2]	4th quarter 2013 and 3rd quarter 2013 amounts include gains on Visa shares sold of $3.9 million and $3.8 million, respectively.
[3]	4th quarter 2013 and 3rd quarter 2013 amounts include branch consolidation costs of $1.6 million and $460 thousand, respectively. Also included are reserve and carrying costs related to Visa shares sold totaling $515 thousand and $474 thousand for the 4th and 3rd quarter 2013, respectively.