Chemung Financial (CHMG) 10-Q 5 Aug 16 2016 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2016	Aug. 04, 2016
Document and Entity Information [Abstract]
Entity Registrant Name	CHEMUNG FINANCIAL CORP
Entity Central Index Key	763,563
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Document Type	10-Q
Document Period End Date	Jun. 30, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q2
Amendment Flag	false
Entity Common Stock, Shares Outstanding (shares)		4,700,540

CONSOLIDATED BALANCE SHEETS (UN

CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
ASSETS
Cash and due from financial institutions	$ 27,233	$ 24,886
Interest-bearing deposits in other financial institutions	80,121	1,299
Total cash and cash equivalents	107,354	26,185
Trading assets, at fair value	767	701
Securities available for sale, at estimated fair value	300,277	344,820
Securities held to maturity, estimated fair value of $3,793 at June 30, 2016 and $4,822 at December 31, 2015	3,518	4,566
FHLBNY and FRBNY Stock, at cost	4,491	4,797
Loans, net of deferred loan fees	1,201,156	1,168,633
Allowance for loan losses	(14,668)	(14,260)
Loans, net	1,186,488	1,154,373
Loans held for sale	809	1,076
Premises and equipment, net	29,706	29,397
Goodwill	21,824	21,824
Other intangible assets, net	3,428	3,931
Bank-owned life insurance	2,875	2,839
Accrued interest receivable and other assets	22,395	25,455
Total assets	1,683,932	1,619,964
Deposits:
Non-interest-bearing	408,846	402,236
Interest-bearing	1,059,074	998,059
Total deposits	1,467,920	1,400,295
FHLBNY overnight advances	0	13,900
Securities sold under agreements to repurchase	28,778	28,453
FHLBNY term advances	19,148	19,203
Long term capital lease obligation	4,822	2,873
Dividends payable	1,222	1,214
Accrued interest payable and other liabilities	18,633	16,784
Total liabilities	1,540,523	1,482,722
Shareholders' equity:
Common stock, $0.01 par value per share, 10,000,000 shares authorized; 5,310,076 issued at June 30, 2016 and December 31, 2015	53	53
Additional paid-in capital	45,639	45,537
Retained earnings	120,860	118,973
Treasury stock, at cost; 611,519 shares at June 30, 2016 and 641,721 shares at December 31, 2015	(15,608)	(16,379)
Accumulated other comprehensive loss	(7,535)	(10,942)
Total shareholders' equity	143,409	137,242
Total liabilities and shareholders' equity	$ 1,683,932	$ 1,619,964

CONSOLIDATED BALANCE SHEETS (U3

CONSOLIDATED BALANCE SHEETS (UNAUDITED) (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
ASSETS
Securities held to maturity, estimated fair value	$ 3,793	$ 4,822
Shareholders' equity:
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (shares)	10,000,000	10,000,000
Common stock, shares issued (shares)	5,310,076	5,310,076
Treasury stock, at cost (shares)	611,519	641,721

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Interest and dividend income:
Loans, including fees	$ 12,321	$ 12,096	$ 24,567	$ 23,999
Taxable securities	1,281	1,164	2,718	2,253
Tax exempt securities	240	239	494	458
Interest-bearing deposits	83	20	95	43
Total interest and dividend income	13,925	13,519	27,874	26,753
Interest expense
Deposits	539	492	1,046	978
Securities sold under agreements to repurchase	211	212	422	421
Borrowed funds	207	168	413	365
Total interest expense	957	872	1,881	1,764
Net interest income	12,968	12,647	25,993	24,989
Provision for loan losses	388	259	983	649
Net interest income after provision for loan losses	12,580	12,388	25,010	24,340
Non-interest income:
WMG fee income	2,201	2,198	4,213	4,324
Service charges on deposit accounts	1,285	1,224	2,420	2,362
Interchange revenue from debit card transactions	939	859	1,832	1,668
Net gains on securities transactions	0	252	908	302
Net gains on sales of loans held for sale	97	98	158	150
Net gains (losses) on sales of other real estate owned	(11)	42	(16)	120
Income from bank owned life insurance	18	19	36	37
Other	687	634	1,266	1,549
Total non-interest income	5,216	5,326	10,817	10,512
Non-interest expenses:
Salaries and wages	5,182	5,188	10,365	10,288
Pension and other employee benefits	1,646	1,557	3,321	3,286
Net occupancy expenses	1,878	1,757	3,784	3,607
Furniture and equipment expenses	829	789	1,601	1,522
Data processing expense	1,720	1,552	3,434	3,113
Professional services	575	420	916	689
Amortization of intangible assets	245	285	503	589
Marketing and advertising expenses	325	271	547	506
Other real estate owned expenses	57	224	109	308
FDIC insurance	277	280	571	566
Loan expense	188	175	300	315
Other	2,648	1,325	4,127	2,770
Total non-interest expenses	15,570	13,823	29,578	27,559
Income before income tax expense	2,226	3,891	6,249	7,293
Income tax expense	605	1,314	1,921	2,440
Net income	$ 1,621	$ 2,577	$ 4,328	$ 4,853
Weighted average shares outstanding (shares)	4,760	4,717	4,754	4,712
Basic and diluted earnings per share (in dollars per share)	$ 0.34	$ 0.55	$ 0.91	$ 1.03

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (UNAUDITED) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Statement of Comprehensive Income [Abstract]
Net income	$ 1,621	$ 2,577	$ 4,328	$ 4,853
Other comprehensive income (loss):
Unrealized holding gains (losses) on securities available for sale	2,523	(2,229)	5,632	(964)
Reclassification adjustment for gains realized in net income	0	(252)	(908)	(302)
Net unrealized gains (losses)	2,523	(2,481)	4,724	(1,266)
Tax effect	952	(931)	1,782	(490)
Net of tax amount	1,571	(1,550)	2,942	(776)
Change in funded status of defined benefit pension plan and other benefit plans:
Reclassification adjustment for amortization of prior service costs	(23)	(21)	(45)	(43)
Reclassification adjustment for amortization of net actuarial loss	396	384	792	767
Total before tax effect	373	363	747	724
Tax effect	141	140	282	277
Net of tax amount	232	223	465	447
Total other comprehensive income (loss)	1,803	(1,327)	3,407	(329)
Comprehensive income	$ 3,424	$ 1,250	$ 7,735	$ 4,524

CONSOLIDATED STATEMENTS OF SHAR

CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY (UNAUDITED) - USD ($) $ in Thousands		Total	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Treasury Stock [Member]	Accumulated Other Comprehensive Loss [Member]
Balances at Dec. 31, 2014		$ 133,628	$ 53	$ 45,355	$ 114,383	$ (17,378)	$ (8,785)
Increase (Decrease) in Shareholders' Equity [Roll Forward]
Net income		4,853			4,853
Other comprehensive income (loss)		(329)					(329)
Restricted stock awards		104		104
Restricted stock units for directors' deferred compensation plan		49		49
Cash dividends declared		(2,419)			(2,419)
Distribution of shares of treasury stock for directors' compensation		271		24		247
Distribution of shares of treasury stock for employee stock compensation		93		8		85
Distribution of treasury stock for deferred directors' compensation		3		(89)		92
Sale of treasury stock	[1]	267		17		250
Balances at Jun. 30, 2015		136,520	53	45,468	116,817	(16,704)	(9,114)
Balances at Mar. 31, 2015							(7,787)
Increase (Decrease) in Shareholders' Equity [Roll Forward]
Net income		2,577
Other comprehensive income (loss)		(1,327)					(1,327)
Balances at Jun. 30, 2015		136,520	53	45,468	116,817	(16,704)	(9,114)
Balances at Dec. 31, 2015		137,242	53	45,537	118,973	(16,379)	(10,942)
Increase (Decrease) in Shareholders' Equity [Roll Forward]
Net income		4,328			4,328
Other comprehensive income (loss)		3,407					3,407
Restricted stock awards		96		96
Restricted stock units for directors' deferred compensation plan		48		48
Cash dividends declared		(2,441)			(2,441)
Distribution of shares of treasury stock for directors' compensation		262		19		243
Distribution of shares of treasury stock for employee stock compensation		210		15		195
Distribution of treasury stock for deferred directors' compensation		3		(92)		95
Sale of treasury stock	[1]	254		16		238
Balances at Jun. 30, 2016		143,409	53	45,639	120,860	(15,608)	(7,535)
Balances at Mar. 31, 2016							(9,338)
Increase (Decrease) in Shareholders' Equity [Roll Forward]
Net income		1,621
Other comprehensive income (loss)		1,803					1,803
Balances at Jun. 30, 2016		$ 143,409	$ 53	$ 45,639	$ 120,860	$ (15,608)	$ (7,535)
[1]	All treasury stock sales were completed at arm's length for adequate consideration with the Chemung Canal Trust Company Profit Sharing, Savings, and Investment Plan and the Chemung Canal Trust Company - Finger Lakes Profit Sharing, Savings, and Investment Plan, which are defined contribution plans sponsored by the Bank.

CONSOLIDATED STATEMENTS OF SHA7

CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY (UNAUDITED) (Parenthetical) - $ / shares	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Statement of Stockholders' Equity [Abstract]
Cash dividends declared (in dollars per share)	$ 0.52	$ 0.52
Distribution of shares of treasury stock for directors' compensation (in shares)	9,532	9,673
Distribution of shares of treasury stock for employee stock compensation (in shares)	7,661	3,303
Distribution of shares of treasury stock for deferred directors' compensation (in shares)	3,740	3,598
Sale of shares of treasury stock (in shares)	9,269	9,814

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$ 4,328	$ 4,853
Adjustments to reconcile net income to net cash provided by operating activities:
Amortization of intangible assets	503	589
Provision for loan losses	983	649
Gains on disposal of fixed assets	0	(9)
Depreciation and amortization of fixed assets	2,374	2,062
Amortization of premiums on securities, net	911	1,014
Gains on sales of loans held for sale, net	(158)	(150)
Proceeds from sales of loans held for sale	7,265	7,004
Loans originated and held for sale	(6,840)	(6,857)
Net gains on trading assets	(19)	(12)
Net gains on securities transactions	(908)	(302)
Net (gains) losses on sales of other real estate owned	16	(120)
Purchase of trading assets	(47)	(74)
Expense related to restricted stock units for directors' deferred compensation plan	48	49
Expense related to employee stock compensation	210	93
Expense related to employee restricted stock awards	96	104
Income from bank owned life insurance	(36)	(37)
Decrease in other assets	1,923	7,068
Increase (decrease) in accrued interest payable	4	(19)
Increase (decrease) in other liabilities	793	(11,452)
Net cash provided by operating activities	11,446	4,453
CASH FLOWS FROM INVESTING ACTIVITIES:
Proceeds from sales and calls of securities available for sale	15,422	54,319
Proceeds from maturities and principal collected on securities available for sale	34,302	17,546
Proceeds from maturities and principal collected on securities held to maturity	1,873	1,184
Purchases of securities available for sale	(460)	(83,907)
Purchases of securities held to maturity	(825)	(1,398)
Purchase of FHLBNY and FRBNY stock	(5,458)	(5,852)
Redemption of FHLBNY and FRBNY stock	5,764	6,514
Proceeds from sale of equipment	0	9
Purchases of premises and equipment	(648)	(649)
Proceeds from sales of other real estate owned	1,463	699
Net increase in loans	(33,440)	(29,149)
Net cash provided (used) by investing activities	17,993	(40,684)
CASH FLOWS FROM FINANCING ACTIVITIES:
Net increase in demand deposits, interest-bearing demand accounts, savings accounts, and insured money market accounts	75,049	83,081
Net decrease in time deposits	(7,424)	(31,118)
Net increase in securities sold under agreements to repurchase	325	2,230
Repayments of FHLBNY overnight advances, net	(13,900)	(15,230)
Repayments of FHLBNY long term advances	(55)	(54)
Payments made on capital lease	(86)	(31)
Sale of treasury stock	254	267
Cash dividends paid	(2,433)	(2,413)
Net cash provided by financing activities	51,730	36,732
Net increase in cash and cash equivalents	81,169	501
Cash and cash equivalents, beginning of period	26,185	29,163
Cash and cash equivalents, end of period	107,354	29,664
Cash paid for:
Interest	1,877	1,783
Income taxes	1,830	4,651
Supplemental disclosure of non-cash activity:
Transfer of loans to other real estate owned	342	10
Dividends declared, not yet paid	1,222	1,210
Distribution of treasury stock for directors' compensation	262	271
Distribution of treasury stock for deferred directors' compensation	3	3
Assets acquired through long term capital lease obligations	$ 2,035	$ 0

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	6 Months Ended
	Jun. 30, 2016
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Organization The Corporation, through its wholly-owned subsidiaries, the Bank and CFS, provides a wide range of banking, financing, fiduciary and other financial services to its clients. The Corporation and the Bank are subject to the regulations of certain federal and state agencies and undergo periodic examinations by those regulatory authorities. CRM, a wholly-owned subsidiary of the Corporation which was formed and began operations on May 31, 2016, is a Nevada-based captive insurance company which insures against certain risks unique to the operations of the Corporation and its subsidiaries and for which insurance may not be currently available or economically feasible in today's insurance marketplace. CRM pools resources with several other similar insurance company subsidiaries of financial institutions to spread a limited amount of risk among themselves. CRM is subject to regulations of the State of Nevada and undergoes periodic examinations by the Nevada Division of Insurance. Basis of Presentation The accompanying unaudited consolidated financial statements have been prepared in conformity with GAAP for interim financial information and pursuant to the requirements for reporting on Form 10-Q and Article 10 of Regulation S-X of the Securities Exchange Act of 1934. These financial statements include the accounts of the Corporation and its subsidiaries, and all significant intercompany balances and transactions are eliminated in consolidation. Amounts in the prior periods' consolidated financial statements are reclassified whenever necessary to conform to the current period's presentation. The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions based on available information. These estimates and assumptions affect the amounts reported in the financial statements and disclosures provided, and actual results could differ. In the opinion of management, all adjustments (consisting of normal recurring adjustments) and disclosures necessary for the fair presentation of the accompanying consolidated financial statements have been included. Recent Accounting Pronouncements In January 2016, the FASB issued ASU 2016-01, an amendment to Recognition and Measurement of Financial Assets and Financial Liabilities (Subtopic 825-10) . The objectives of the ASU are to (1) require equity investments to be measured at fair value, with changes in fair value recognized in net income, (2) simplify the impairment assessment of equity investments without readily determinable fair values, (3) eliminate the requirement to disclose methods and significant assumptions used to estimate fair value for financial instruments measured at amortized cost on the balance sheet, (4) require the use of the exit price notion when measuring the fair value of financial instruments, and (5) clarify the need for a valuation allowance on a deferred tax asset related to available-for-sale securities in combination with the entity’s other deferred tax assets. The amendments in this ASU are effective for public business entities for annual periods, and interim periods within those annual periods, beginning after December 15, 2017. The Corporation is evaluating the potential impact of ASU 2016-01 on the Corporation's consolidated financial statements. In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842) . ASU 2016-02 requires companies that lease valuable assets to recognize on their balance sheets the assets and liabilities generated by contracts longer than a year. The amendments in this update are effective for annual periods, and interim periods within those annual periods, beginning after December 15, 2018, though early adoption is permitted. The Corporation is evaluating the potential impact of ASU 2016-02 on the Corporation's consolidated financial statements. In March 2016, the FASB issued ASU 2016-08, Revenue from Contracts with Customers (Topic 606): Principal Versus Agent Consideration - Reporting Revenue Gross Versus Net . The objective of the ASU is to align the recognition of revenue with the transfer of promised goods or services provided to customers in an amount that reflects the consideration which the entity expects to be entitled in exchange for those goods or services. The amendments in this ASU are effective for public business entities for annual periods, and interim periods within those annual periods, beginning after December 15, 2017. The Corporation is evaluating the potential impact on the Corporation's consolidated financial statements. In March 2016, the FASB issued ASU 2016-09, Compensation - Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting . The objectives of the ASU are to simplify accounting for a stock payment's tax consequences and amend how excess tax benefits and a business's payments to cover the tax bills for the shares' recipients should be classified. The amendments allow companies to estimate the number of stock awards they expect to vest, and they revise the withholding requirements for classifying stock awards as equity. The amendments in this ASU are effective for public companies for fiscal years beginning after December 15, 2016, though early adoption is permitted. The adoption of ASU 2016-09 is not expected to have a significant impact on the Corporation's consolidated financial statements. In June 2016, the FASB issued ASU 2016-13, Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments . The objective of the ASU is to provide financial statement users with more decision-useful information about the expected credit losses on financial instruments and other commitments to extend credit held by a reporting entity at each reporting date by replacing the incurred loss impairment methodology in current GAAP with a methodology that reflects expected credit losses and requires consideration of a broader range of reasonable and supportable information to form credit loss estimates. The amendments in this ASU are effective for public companies for fiscal years beginning after December 15, 2019, though entities may adopt the amendments earlier for fiscal year beginning after December 15, 2018. The Corporation is evaluating the potential impact on the Corporation's consolidated financial statements.

EARNING PER COMMON SHARE

EARNING PER COMMON SHARE	6 Months Ended
	Jun. 30, 2016
Earnings Per Share [Abstract]
EARNING PER COMMON SHARE	EARNING PER COMMON SHARE (shares in thousands) Basic earnings per share is net income divided by the weighted average number of common shares outstanding during the period. Issuable shares, including those related to directors’ restricted stock units and directors’ stock compensation, are considered outstanding and are included in the computation of basic earnings per share. All outstanding unvested share based payment awards that contain rights to non-forfeitable dividends are considered participating securities for this calculation. Restricted stock awards are grants of participating securities and are considered outstanding at grant date. Earnings per share information is adjusted to present comparative results for stock splits and stock dividends that occur. Earnings per share were computed by dividing net income by 4,760 and 4,717 weighted average shares outstanding for the three month periods ended June 30, 2016 and 2015 , respectively. Earnings per share were computed by dividing net income by 4,754 and 4,712 weighted average shares outstanding for the six month periods ended June 30, 2016 and 2015 , respectively. There were no dilutive common stock equivalents during the three and six month periods ended June 30, 2016 or 2015 .

SECURITIES

SECURITIES	6 Months Ended
	Jun. 30, 2016
Investments, Debt and Equity Securities [Abstract]
SECURITIES	SECURITIES Amortized cost and estimated fair value of securities available for sale are as follows (in thousands): June 30, 2016 Amortized Cost Unrealized Gains Unrealized Losses Estimated Fair Value Obligations of U.S. Government and U.S. Government sponsored enterprises $ 69,651 $ 680 $ — $ 70,331 Mortgage-backed securities, residential 183,682 3,035 — 186,717 Obligations of states and political subdivisions 40,242 1,153 — 41,395 Corporate bonds and notes 748 8 — 756 SBA loan pools 606 4 1 609 Corporate stocks 284 185 — 469 Total $ 295,213 $ 5,065 $ 1 $ 300,277 December 31, 2015 Amortized Cost Unrealized Gains Unrealized Losses Estimated Fair Value Obligations of U.S. Government and U.S. Government sponsored enterprises $ 99,430 $ 752 $ 16 $ 100,166 Mortgage-backed securities, residential 199,680 427 1,741 198,366 Obligations of states and political subdivisions 43,695 737 6 44,426 Corporate bonds and notes 747 5 — 752 SBA loan pools 643 5 1 647 Corporate stocks 285 178 — 463 Total $ 344,480 $ 2,104 $ 1,764 $ 344,820 Amortized cost and estimated fair value of securities held to maturity are as follows (in thousands): June 30, 2016 Amortized Cost Unrealized Gains Unrealized Losses Estimated Fair Value Obligations of states and political subdivisions $ 3,518 $ 275 $ — $ 3,793 Total $ 3,518 $ 275 $ — $ 3,793 December 31, 2015 Amortized Cost Unrealized Gains Unrealized Losses Estimated Fair Value Obligations of states and political subdivisions $ 4,566 $ 256 $ — $ 4,822 Total $ 4,566 $ 256 $ — $ 4,822 The amortized cost and estimated fair value of debt securities are shown below by expected maturity. Expected maturities may differ from contractual maturities if borrowers have the right to call or prepay obligations with or without call or prepayment penalties. Securities not due at a single maturity date are shown separately (in thousands): June 30, 2016 Available for Sale Held to Maturity Amortized Fair Amortized Fair Within one year $ 42,624 $ 42,828 $ 1,300 $ 1,315 After one, but within five years 58,008 59,164 2,037 2,267 After five, but within ten years 10,009 10,490 181 211 After ten years — — — — 110,641 112,482 3,518 3,793 Mortgage-backed securities, residential 183,682 186,717 — — SBA loan pools 606 609 — — Total $ 294,929 $ 299,808 $ 3,518 $ 3,793 The proceeds from sales and calls of securities resulting in gains or losses for the three months ended June 30, 2016 and 2015 are listed below (in thousands): 2016 2015 Proceeds $ — $ 54,268 Gross gains — 252 Tax expense — 97 The proceeds from sales and calls of securities resulting in gains or losses for the six months ended June 30, 2016 and 2015 are listed below (in thousands): 2016 2015 Proceeds $ 15,422 $ 54,319 Gross gains 908 302 Tax expense 343 116 The following tables summarize the investment securities available for sale with unrealized losses at June 30, 2016 and December 31, 2015 by aggregated major security type and length of time in a continuous unrealized loss position (in thousands): Less than 12 months 12 months or longer Total June 30, 2016 Fair Value Unrealized Fair Value Unrealized Fair Value Unrealized SBA loan pools $ — $ — $ 238 $ 1 $ 238 $ 1 Total temporarily impaired securities $ — $ — $ 238 $ 1 $ 238 $ 1 Less than 12 months 12 months or longer Total December 31, 2015 Fair Value Unrealized Fair Value Unrealized Fair Value Unrealized Obligations of U.S. Government and U.S. Government sponsored enterprises $ 15,169 $ 16 $ — $ — $ 15,169 $ 16 Mortgage-backed securities, residential 177,058 1,741 — — 177,058 1,741 Obligations of states and political subdivisions 3,756 4 592 2 4,348 6 SBA loan pools — — 251 1 251 1 Total temporarily impaired securities $ 195,983 $ 1,761 $ 843 $ 3 $ 196,826 $ 1,764 Other-Than-Temporary Impairment As of June 30, 2016 , the Corporation’s unrealized losses in the investment securities portfolio related to SBA loan pools. Because the decline in fair value is attributable to changes in interest rates and not credit quality, and because it is not likely that the Corporation will be required to sell these securities before their anticipated recovery, the Corporation does not consider these securities to be other-than-temporarily impaired at June 30, 2016 .

LOANS AND ALLOWANCE FOR LOAN LO

LOANS AND ALLOWANCE FOR LOAN LOSSES	6 Months Ended
	Jun. 30, 2016
Loans and Leases Receivable Disclosure [Abstract]
LOANS AND ALLOWANCE FOR LOAN LOSSES	LOANS AND ALLOWANCE FOR LOAN LOSSES The composition of the loan portfolio, net of deferred origination fees and costs, is summarized as follows (in thousands): June 30, 2016 December 31, 2015 Commercial and agricultural: Commercial and industrial $ 189,913 $ 192,197 Agricultural 1,153 1,036 Commercial mortgages: Construction 40,937 41,131 Commercial mortgages, other 510,871 465,347 Residential mortgages 196,200 195,778 Consumer loans: Credit cards 1,338 1,483 Home equity lines and loans 98,758 101,726 Indirect consumer loans 144,014 151,327 Direct consumer loans 17,972 18,608 Total loans, net of deferred origination fees and costs $ 1,201,156 $ 1,168,633 Interest receivable on loans 2,964 2,870 Total recorded investment in loans $ 1,204,120 $ 1,171,503 The Corporation's concentrations of credit risk by loan type are reflected in the preceding table. The concentrations of credit risk with standby letters of credit, committed lines of credit and commitments to originate new loans generally follow the loan classifications in the table above. The following tables present the activity in the allowance for loan losses by portfolio segment for the three and six month periods ended June 30, 2016 and 2015 (in thousands): Three Months Ended June 30, 2016 Allowance for loan losses Commercial and Agricultural Commercial Mortgages Residential Mortgages Consumer Loans Total Beginning balance $ 1,795 $ 7,532 $ 1,482 $ 3,718 $ 14,527 Charge-offs (9 ) — (58 ) (272 ) (339 ) Recoveries 18 2 — 72 92 Net recoveries (charge-offs) 9 2 (58 ) (200 ) (247 ) Provision (33 ) 220 80 121 388 Ending balance $ 1,771 $ 7,754 $ 1,504 $ 3,639 $ 14,668 Three Months Ended June 30, 2015 Allowance for loan losses Commercial and Agricultural Commercial Mortgages Residential Mortgages Consumer Loans Total Beginning balance $ 1,671 $ 6,530 $ 1,594 $ 4,097 $ 13,892 Charge-offs — (28 ) (10 ) (245 ) (283 ) Recoveries 23 17 — 120 160 Net recoveries (charge-offs) 23 (11 ) (10 ) (125 ) (123 ) Provision 131 106 (39 ) 61 259 Ending balance $ 1,825 $ 6,625 $ 1,545 $ 4,033 $ 14,028 Six Months Ended June 30, 2016 Allowance for loan losses Commercial and Agricultural Commercial Mortgages Residential Mortgages Consumer Loans Total Beginning balance: $ 1,831 $ 7,112 $ 1,464 $ 3,853 $ 14,260 Charge-offs: (17 ) — (58 ) (715 ) (790 ) Recoveries: 50 9 — 156 215 Net recoveries (charge-offs) 33 9 (58 ) (559 ) (575 ) Provision (93 ) 633 98 345 983 Ending balance $ 1,771 $ 7,754 $ 1,504 $ 3,639 $ 14,668 Six Months Ended June 30, 2015 Allowance for loan losses Commercial and Agricultural Commercial Mortgages Residential Mortgages Consumer Loans Total Beginning balance: $ 1,460 $ 6,326 $ 1,572 $ 4,328 $ 13,686 Charge-offs: — (28 ) (32 ) (613 ) (673 ) Recoveries: 38 84 — 244 366 Net recoveries (charge-offs) 38 56 (32 ) (369 ) (307 ) Provision 327 243 5 74 649 Ending balance $ 1,825 $ 6,625 $ 1,545 $ 4,033 $ 14,028 The following tables present the balance in the allowance for loan losses and the recorded investment in loans by portfolio segment and based on impairment method as of June 30, 2016 and December 31, 2015 (in thousands): June 30, 2016 Allowance for loan losses: Commercial and Agricultural Commercial Mortgages Residential Mortgages Consumer Loans Total Ending allowance balance attributable to loans: Individually evaluated for impairment $ — $ 1,528 $ — $ 122 $ 1,650 Collectively evaluated for impairment 1,771 6,167 1,479 3,517 12,934 Loans acquired with deteriorated credit quality — 59 25 — 84 Total ending allowance balance $ 1,771 $ 7,754 $ 1,504 $ 3,639 $ 14,668 December 31, 2015 Allowance for loan losses: Commercial and Agricultural Commercial Mortgages Residential Mortgages Consumer Loans Total Ending allowance balance attributable to loans: Individually evaluated for impairment $ 8 $ 1,481 $ — $ 77 $ 1,566 Collectively evaluated for impairment 1,823 5,572 1,424 3,776 12,595 Loans acquired with deteriorated credit quality — 59 40 — 99 Total ending allowance balance $ 1,831 $ 7,112 $ 1,464 $ 3,853 $ 14,260 June 30, 2016 Loans: Commercial Commercial Mortgages Residential Mortgages Consumer Loans Total Loans individually evaluated for impairment $ 1,054 $ 11,626 $ 486 $ 464 $ 13,630 Loans collectively evaluated for impairment 190,477 539,746 196,120 262,272 1,188,615 Loans acquired with deteriorated credit quality — 1,782 93 — 1,875 Total ending loans balance $ 191,531 $ 553,154 $ 196,699 $ 262,736 $ 1,204,120 December 31, 2015 Loans: Commercial Commercial Mortgages Residential Mortgages Consumer Loans Total Loans individually evaluated for impairment $ 1,498 $ 12,773 $ 235 $ 474 $ 14,980 Loans collectively evaluated for impairment 192,202 493,102 195,731 273,393 1,154,428 Loans acquired with deteriorated credit quality — 1,825 270 — 2,095 Total ending loans balance $ 193,700 $ 507,700 $ 196,236 $ 273,867 $ 1,171,503 The following table presents loans individually evaluated for impairment recognized by class of loans as of June 30, 2016 and December 31, 2015 (in thousands): June 30, 2016 December 31, 2015 With no related allowance recorded: Unpaid Principal Balance Recorded Investment Allowance for Loan Losses Allocated Unpaid Principal Balance Recorded Investment Allowance for Loan Losses Allocated Commercial and agricultural: Commercial and industrial $ 1,050 $ 1,054 $ — $ 1,487 $ 1,489 $ — Commercial mortgages: Construction 333 334 — 349 350 — Commercial mortgages, other 6,220 6,251 — 7,551 7,577 — Residential mortgages 485 486 — 234 235 — Consumer loans: Home equity lines and loans 101 103 — 107 108 — With an allowance recorded: Commercial and agricultural: Commercial and industrial — — — 9 9 8 Commercial mortgages: Commercial mortgages, other 5,108 5,041 1,528 4,913 4,846 1,481 Consumer loans: Home equity lines and loans 361 361 122 364 366 77 Total $ 13,658 $ 13,630 $ 1,650 $ 15,014 $ 14,980 $ 1,566 The following table presents the average recorded investment and interest income recognized by class of loans as of the three and six month periods ended June 30, 2016 and 2015 (in thousands): Three Months Ended Three Months Ended Six Months Ended Six Months Ended With no related allowance recorded: Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized Commercial and agricultural: Commercial and industrial $ 1,048 $ 12 $ 1,467 $ 17 $ 1,195 $ 25 $ 1,433 $ 32 Commercial mortgages: Construction 340 3 1,172 4 343 7 1,418 29 Commercial mortgages, other 6,733 59 7,636 63 7,014 121 7,660 126 Residential mortgages 399 1 246 1 344 1 249 2 Consumer loans: Home equity lines & loans 104 1 482 6 105 3 465 12 With an allowance recorded: Commercial and agricultural: Commercial and industrial 4 — 274 — 6 — 212 3 Commercial mortgages: Commercial mortgages, other 4,942 1 4,611 24 4,910 3 4,438 47 Consumer loans: Home equity lines and loans 362 — — — 363 — 18 — Total $ 13,932 $ 77 $ 15,888 $ 115 $ 14,282 $ 161 $ 13 $ 251 (1) Cash basis interest income approximates interest income recognized. The following tables present the recorded investment in non-accrual and loans past due 90 days or more and still accruing by class of loans as of June 30, 2016 and December 31, 2015 (in thousands): Non-accrual Loans Past Due 90 Days or More and Still Accruing June 30, 2016 December 31, 2015 June 30, 2016 December 31, 2015 Commercial and agricultural: Commercial and industrial $ 55 $ 13 $ 8 $ 3 Agricultural — — — — Commercial mortgages: Construction 61 63 — — Commercial mortgages 6,578 7,203 2,271 — Residential mortgages 4,132 3,610 — — Consumer loans: Credit cards — — 12 15 Home equity lines and loans 1,286 758 — — Indirect consumer loans 277 542 — — Direct consumer loans 40 43 — — Total $ 12,429 $ 12,232 $ 2,291 $ 18 The amount in loans past due over 90 days or more and still accruing in commercial mortgages as of June 30, 2016 consisted of one loan that is well secured and in the process of collection. All interest payments due and a substantial principal payment was received subsequent to June 30, 2016, bringing the loan current. The following tables present the aging of the recorded investment in loans as of June 30, 2016 and December 31, 2015 (in thousands): June 30, 2016 30 - 59 Days Past Due 60 - 89 Days Past Due 90 Days or More Past Due Total Past Due Loans Acquired with Deteriorated Credit Quality Loans Not Past Due Total Commercial and agricultural: Commercial and industrial $ 276 $ 2 $ 63 $ 341 $ — $ 190,035 $ 190,376 Agricultural — — — — — 1,155 1,155 Commercial mortgages: Construction 1,104 — — 1,104 — 39,933 41,037 Commercial mortgages, other 553 5,383 5,516 11,452 1,782 498,883 512,117 Residential mortgages 1,585 557 2,027 4,170 93 192,436 196,699 Consumer loans: Credit cards 17 1 12 30 — 1,308 1,338 Home equity lines and loans 697 239 482 1,418 — 97,595 99,013 Indirect consumer loans 1,166 303 238 1,708 — 142,639 144,347 Direct consumer loans 65 32 10 106 — 17,932 18,038 Total $ 5,463 $ 6,517 $ 8,348 $ 20,329 $ 1,875 $ 1,181,916 $ 1,204,120 December 31, 2015 30 - 59 Days Past Due 60 - 89 Days Past Due 90 Days or More Past Due Total Past Due Loans Acquired with Deteriorated Credit Quality Loans Not Past Due Total Commercial and agricultural: Commercial and industrial $ 398 $ 3 $ 12 $ 413 $ — $ 192,248 $ 192,661 Agricultural — — — — — 1,039 1,039 Commercial mortgages: Construction — — — — — 41,231 41,231 Commercial mortgages, other 4,197 199 5,239 9,635 1,825 455,009 466,469 Residential mortgages 2,983 725 1,703 5,411 270 190,555 196,236 Consumer loans: Credit cards 30 4 15 49 — 1,434 1,483 Home equity lines and loans 233 77 239 549 — 101,427 101,976 Indirect consumer loans 1,744 4 447 2,195 — 149,531 151,726 Direct consumer loans 208 — 19 227 — 18,455 18,682 Total $ 9,793 $ 1,012 $ 7,674 $ 18,479 $ 2,095 $ 1,150,929 $ 1,171,503 Troubled Debt Restructurings: A modification of a loan may result in classification as a TDR when a borrower is experiencing financial difficulty and the modification constitutes a concession. The Corporation offers various types of modifications which may involve a change in the schedule of payments, a reduction in the interest rate, an extension of the maturity date, extending the maturity date at an interest rate lower than the current market rate for new debt with similar risk, requesting additional collateral, releasing collateral for consideration, substituting or adding a new borrower or guarantor, a permanent reduction of the recorded investment in the loan or a permanent reduction of the interest on the loan. As of June 30, 2016 and December 31, 2015 , the Corporation has a recorded investment in TDRs of $11.3 million and $12.0 million , respectively. There were specific reserves of $1.4 million allocated for TDRs at both June 30, 2016 and December 31, 2015 . As of June 30, 2016 , TDRs totaling $6.3 million were accruing interest under the modified terms and $5.0 million were on non-accrual status. As of December 31, 2015 , TDRs totaling $7.6 million were accruing interest under the modified terms and $4.4 million were on non-accrual status. The Corporation had committed additional amounts of less than $0.1 million as of June 30, 2016 , to customers with outstanding loans that are classified as TDRs. The Corporation had committed additional amounts up to $0.1 million as of December 31, 2015 , to customers with outstanding loans that are classified as TDRs. During the three months ended June 30, 2016 and 2015, the terms of certain loans were modified as TDRs. The modification of the terms of a residential mortgage loan during the three months ended June 30, 2016 included an extension of the maturity date by thirteen years at a stated interest rate lower than the current market rate for new debt with similar risk and a corresponding reduction of the scheduled amortized payments of the loan due to the longer term. The modification of the terms of five commercial real estate loans and one residential home equity loan during the three months ended June 30, 2016 included consolidating the loans into one commercial real estate loan and extending the maturity date at a stated interest rate lower than the current market rate for new debt with similar risk. The modification of the terms of a commercial real estate loan during the three months ended June 30, 2015 included a reduction of the scheduled amortized payments of the loan for the remaining term of the loan. During the six months ended June 30, 2016 and 2015 , the terms of certain loans were modified as TDRs. In addition to the modifications noted above, the modification of the terms of a residential mortgage loan performed during the six months ended June 30, 2016 included a reduction in the stated interest rate for three years and a corresponding reduction of the scheduled amortized payments of the loan due to the lower interest rate. Additionally, $4 thousand of interest and past due escrow payments were capitalized on the restructured loan. In addition to the modifications noted above, the modification of the terms of a commercial loan performed during the six months ended June 30, 2015 included renewing a line of credit and extending the maturity date at a rate lower than the current market rate. The following table presents loans by class modified as TDRs that occurred during the three months ended June 30, 2016 and 2015 (dollars in thousands): June 30, 2016 Number of Loans Pre-Modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment Troubled debt restructurings: Commercial mortgages: Commercial mortgages 5 $ 312 $ 310 Residential mortgage 1 174 182 Consumer loans: Home equity lines and loans 1 74 74 Total 7 $ 560 $ 566 June 30, 2015 Number of Loans Pre-Modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment Troubled debt restructurings: Commercial mortgages: Commercial mortgages 1 $ 110 $ 110 Total 1 $ 110 $ 110 The TDRs described above did no t increase the allowance for loan losses and resulted in no charge-offs during the three months ended June 30, 2016 . The TDRs described above increased the allowance for loan losses by less than $0.1 million and resulted in no charge-offs during the three months ended June 30, 2015. The following table presents loans by class modified as TDRs that occurred during the six months ended June 30, 2016 and 2015 (dollars in thousands): June 30, 2016 Number of Loans Pre-Modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment Troubled debt restructurings: Commercial mortgages: Commercial mortgages 5 $ 312 $ 310 Residential mortgages 2 295 307 Consumer loans: Home equity lines and loans 1 74 74 Total 8 $ 681 $ 691 June 30, 2015 Number of Loans Pre-Modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment Troubled debt restructurings: Commercial and agricultural: Commercial and industrial 1 $ 477 $ 477 Commercial mortgages: Commercial mortgages 1 110 110 Total 2 $ 587 $ 587 The TDRs described above did no t increase the allowance for loan losses and resulted in no charge-offs during the six months ended June 30, 2016. The TDRs described above increased the allowance for loan losses by less than $0.1 million and resulted in no charge-offs during the six months ended June 30, 2015. A loan is considered to be in payment default once it is 90 days contractually past due under the modified terms. There were no payment defaults on any loans previously modified as TDRs within twelve months following the modification during the three months ended June 30, 2016. The following table presents loans by class modified as TDRs for which there was a payment default within twelve months following the modification during the six months ended June 30, 2016 : Number of Loans Recorded Investment Commercial mortgages: Commercial mortgages 2 $ 2,120 Total 2 $ 2,120 The TDRs that subsequently defaulted described above did not increase the allowance for loan losses and resulted in no charge offs during the six months ended June 30, 2016 . There were no payment defaults on any loans previously modified as TDRs within twelve months following the modification during the three and six months ended June 30, 2015 . Credit Quality Indicators The Corporation establishes a risk rating at origination for all commercial loans. The main factors considered in assigning risk ratings include, but are not limited to: historic and future debt service coverage, collateral position, operating performance, liquidity, leverage, payment history, management ability, and the customer’s industry. Commercial relationship managers monitor all loans in their respective portfolios for any changes in the borrower’s ability to service their debt and affirm the risk ratings for the loans at least annually. For the retail loans, which include residential mortgages, indirect and direct consumer loans, home equity lines and loans, and credit cards, once a loan is properly approved and closed, the Corporation evaluates credit quality based upon loan repayment. The Corporation uses the risk rating system to identify criticized and classified loans. Commercial relationships within the criticized and classified risk ratings are analyzed quarterly. The Corporation uses the following definitions for criticized and classified loans (which are consistent with regulatory guidelines): Special Mention – Loans classified as special mention have a potential weakness that deserves management’s close attention. If left uncorrected, these potential weaknesses may result in deterioration of the repayment prospects for the loan or the institution’s credit position at some future date. Substandard – Loans classified as substandard are inadequately protected by the current net worth and paying capability of the obligor or of the collateral pledged, if any. Loans so classified have a well-defined weakness or weaknesses that jeopardize the liquidation of the debt. They are characterized by the distinct possibility that the institution will sustain some loss if the deficiencies are not corrected. Doubtful – Loans classified as doubtful have all the weaknesses inherent in those classified as substandard, with the added characteristic that the weaknesses make collection or liquidation in full, on the basis of currently existing facts, conditions, and values, highly questionable and improbable. Commercial loans not meeting the criteria above to be considered criticized or classified are considered to be pass rated loans. Loans listed as not rated are included in groups of homogeneous loans performing under terms of the loan notes. Based on the analyses performed as of June 30, 2016 and December 31, 2015 , the risk category of the recorded investment of loans by class of loans is as follows (in thousands): June 30, 2016 Not Rated Pass Special Mention Substandard Doubtful Loans acquired with deteriorated credit quality Total Commercial and agricultural: Commercial and industrial $ — $ 186,300 $ 2,543 $ 1,533 $ — $ — $ 190,376 Agricultural — 1,155 — — — 1,155 Commercial mortgages: Construction — 39,518 1,458 61 — — 41,037 Commercial mortgages — 484,606 8,364 12,954 4,411 1,782 512,117 Residential mortgages 192,474 — — 4,132 — 93 196,699 Consumer loans: Credit cards 1,338 — — — — — 1,338 Home equity lines and loans 97,727 — — 1,286 — — 99,013 Indirect consumer loans 144,070 — — 277 — — 144,347 Direct consumer loans 17,998 — — 40 — — 18,038 Total $ 453,607 $ 711,579 $ 12,365 $ 20,283 $ 4,411 $ 1,875 $ 1,204,120 December 31, 2015 Not Rated Pass Special Mention Substandard Doubtful Loans acquired with deteriorated credit quality Total Commercial and agricultural: Commercial and industrial $ — $ 186,359 $ 3,772 $ 2,521 $ 9 $ — $ 192,661 Agricultural — 1,039 — — — — 1,039 Commercial mortgages: Construction — 40,881 287 63 — — 41,231 Commercial mortgages — 437,549 8,437 14,454 4,204 1,825 466,469 Residential mortgages 192,245 — — 3,721 — 270 196,236 Consumer loans: Credit cards 1,483 — — — — — 1,483 Home equity lines and loans 101,218 — — 758 — — 101,976 Indirect consumer loans 151,184 — — 542 — — 151,726 Direct consumer loans 18,639 — — 43 — — 18,682 Total $ 464,769 $ 665,828 $ 12,496 $ 22,102 $ 4,213 $ 2,095 $ 1,171,503 The Corporation considers the performance of the loan portfolio and its impact on the allowance for loan losses. For residential and consumer loan classes, the Corporation also evaluates credit quality based on the aging status of the loan, which was previously presented, and by payment activity. The following table presents the recorded investment in residential and consumer loans based on payment activity as of June 30, 2016 and December 31, 2015 (in thousands): June 30, 2016 Consumer Loans Residential Mortgages Credit Card Home Equity Lines and Loans Indirect Consumer Loans Other Direct Consumer Loans Performing $ 192,567 $ 1,338 $ 97,727 $ 144,070 $ 17,998 Non-Performing 4,132 — 1,286 277 40 $ 196,699 $ 1,338 $ 99,013 $ 144,347 $ 18,038 December 31, 2015 Consumer Loans Residential Mortgages Credit Card Home Equity Lines and Loans Indirect Consumer Loans Other Direct Consumer Loans Performing $ 192,626 $ 1,483 $ 101,218 $ 151,184 $ 18,639 Non-Performing 3,610 — 758 542 43 $ 196,236 $ 1,483 $ 101,976 $ 151,726 $ 18,682 At the time of the merger with Fort Orange Financial Corp., the Corporation identified certain loans with evidence of deteriorated credit quality, and the probability that the Corporation would be unable to collect all contractually required payments from the borrower. These loans are classified as PCI loans. The Corporation adjusted its estimates of future expected losses, cash flows, and renewal assumptions on the PCI loans during the current year. These adjustments were made for changes in expected cash flows due to loans refinanced beyond original maturity dates, impairments recognized subsequent to the acquisition, advances made for taxes or insurance to protect collateral held and payments received in excess of amounts originally expected. The table below summarizes the changes in total contractually required principal and interest cash payments, management’s estimate of expected total cash payments and carrying value of the PCI loans from from April 1, 2016 to June 30, 2016 and April 1, 2015 to June 30, 2015 (in thousands): Three Months Ended June 30, 2016 Balance at March 31, 2016 Income Accretion All Other Adjustments Balance at June 30, 2016 Contractually required principal and interest $ 2,858 $ — $ (366 ) $ 2,492 Contractual cash flows not expected to be collected (nonaccretable discount) (505 ) — 131 (374 ) Cash flows expected to be collected 2,353 — (235 ) 2,118 Interest component of expected cash flows (accretable yield) (275 ) 33 (1 ) (243 ) Fair value of loans acquired with deteriorating credit quality $ 2,078 $ 33 $ (236 ) $ 1,875 Three Months Ended June 30, 2015 Balance at March 31, 2015 Income Accretion All Other Adjustments Balance at June 30, 2015 Contractually required principal and interest $ 2,945 $ — $ 91 $ 3,036 Contractual cash flows not expected to be collected (nonaccretable discount) (595 ) — 27 (568 ) Cash flows expected to be collected 2,350 — 118 2,468 Interest component of expected cash flows (accretable yield) (333 ) 36 (27 ) (324 ) Fair value of loans acquired with deteriorating credit quality $ 2,017 $ 36 $ 91 $ 2,144 For those purchased credit impaired loans disclosed above, the Corporation decreased the allowance for loan losses by $15 thousand during the three months ended June 30, 2016 and increased the allowance for loan losses by $32 thousand during the three months ended June 30, 2015. The Corporation did not reverse any allowance for loan losses during the three months ended June 30, 2016 or 2015. The tables below summarizes the changes in total contractually required principal and interest cash payments, management’s estimate of expected total cash payments and carrying value of the PCI loans from January 1, 2016 to June 30, 2016 and January 1, 2015 to June 30, 2015 (in thousands): Six Months Ended June 30, 2016 Balance at December 31, 2015 Income Accretion All Other Adjustments Balance at June 30, 2016 Contractually required principal and interest $ 2,912 $ — $ (420 ) $ 2,492 Contractual cash flows not expected to be collected (nonaccretable discount) (506 ) — 132 (374 ) Cash flows expected to be collected 2,406 — (288 ) 2,118 Interest component of expected cash flows (accretable yield) (311 ) 70 (2 ) (243 ) Fair value of loans acquired with deteriorating credit quality $ 2,095 $ 70 $ (290 ) $ 1,875 Six Months Ended June 30, 2015 Balance at December 31, 2014 Income Accretion All Other Adjustments Balance at June 30, 2015 Contractually required principal and interest $ 3,621 $ — $ (585 ) $ 3,036 Contractual cash flows not expected to be collected (nonaccretable discount) (570 ) — 2 (568 ) Cash flows expected to be collected 3,051 — (583 ) 2,468 Interest component of expected cash flows (accretable yield) (420 ) 99 (3 ) (324 ) Fair value of loans acquired with deteriorating credit quality $ 2,631 $ 99 $ (586 ) $ 2,144 For those purchased credit impaired loans disclosed above, the Corporation decreased the allowance for loan losses by $15 thousand and $5 thousand during the six months ended June 30, 2016 and 2015, respectively. The Corporation did not reverse any allowance for losses during the six months ended June 30, 2016 or 2015.

FAIR VALUE

FAIR VALUE	6 Months Ended
	Jun. 30, 2016
Fair Value Disclosures [Abstract]
FAIR VALUE	FAIR VALUE Fair value is the exchange price that would be received for an asset or paid to transfer a liability in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. There are three levels of inputs that may be used to measure fair value: Level 1: Quoted prices (unadjusted) for identical assets or liabilities in active markets that the entity has the ability to access as of the measurement date. Level 2: Significant other observable inputs other than Level 1 prices such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data. Level 3: Significant unobservable inputs that reflect a reporting entity's own assumptions about the assumptions that market participants would use in pricing an asset or liability. The Corporation used the following methods and significant assumptions to estimate fair value on a recurring basis: Investment Securities: The fair values of securities available for sale are usually determined by obtaining quoted prices on nationally recognized securities exchanges (Level 1 inputs), or matrix pricing, which is a mathematical technique widely used to value debt securities without relying exclusively on quoted prices for the specific securities but rather by relying on the securities' relationship to other benchmark quoted securities (Level 2 inputs). For securities where quoted prices or market prices of similar securities are not available, fair values are calculated using discounted cash flows or other market indicators (Level 3 inputs). Trading Assets: Securities that are held to fund a deferred compensation plan are recorded at fair value with changes in fair value included in earnings. The fair values of trading assets are determined by quoted market prices (Level 1 inputs). Derivatives : The fair values of interest rate swaps are based on valuation models using observable market data as of the measurement date (Level 2 inputs). Derivatives are traded in an over-the-counter market where quoted market prices are not always available. Therefore, the fair values of derivatives are determined using quantitative models that utilize multiple market inputs. The inputs will vary based on the type of derivative, but could include interest rates, prices, and indices to generate continuous yield or pricing curves, prepayment rates, and volatility factors to value the position. The Corporation also incorporates credit valuation adjustments to appropriately reflect both its own nonperformance risk and the respective counter-party's nonperformance risk in the fair value measurements. In adjusting the fair value of its derivative contracts for the effect of nonperformance risk, the Corporation has considered the impact of any applicable credit enhancements, such as collateral postings. Although the Corporation has determined that the majority of the inputs used to value its derivatives fall within Level 2 of the fair value hierarchy, the credit valuation adjustments associated with its derivatives utilize credit default rate assumptions (Level 3 inputs). The fair values of credit risk participations are based on credit default rate assumptions (Level 3 inputs). Assets and liabilities measured at fair value on a recurring basis are summarized below (in thousands): Fair Value Measurement at June 30, 2016 Using Financial Assets: Fair Value Quoted Prices Significant Significant Unobservable Inputs Obligations of U.S. Government and U.S. Government sponsored enterprises $ 70,331 $ — $ 70,331 $ — Mortgage-backed securities, residential 186,717 — 186,717 — Obligations of states and political subdivisions 41,395 — 41,395 — Corporate bonds and notes 756 — 500 256 SBA loan pools 609 — 609 — Corporate stocks 469 52 417 — Total available for sale securities $ 300,277 $ 52 $ 299,969 $ 256 Trading assets $ 767 $ 767 $ — $ — Derivative assets 437 — 437 — Financial Liabilities: Derivative liabilities $ 557 $ — $ 437 $ 120 Fair Value Measurement at December 31, 2015 Using Financial Assets: Fair Value Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs Obligations of U.S. Government and U.S. Government sponsored enterprises $ 100,166 $ 14,784 $ 85,382 $ — Mortgage-backed securities, residential 198,366 — 198,366 — Obligations of states and political subdivisions 44,426 — 44,426 — Corporate bonds and notes 752 — 504 248 SBA loan pools 647 — 647 — Corporate stocks 463 56 407 — Total available for sale securities $ 344,820 $ 14,840 $ 329,732 $ 248 Trading assets $ 701 $ 701 $ — $ — Derivative assets 15 — 15 — Financial Liabilities: Derivative liabilities $ 63 $ — $ 15 $ 48 There were no transfers between Level 1 and Level 2 during the three and six month periods ended June 30, 2016 or the year ended December 31, 2015 . The table below presents a reconciliation of all assets and liabilities measured at fair value on a recurring basis using significant unobservable inputs (Level 3) for the three month periods ended June 30, 2016 and June 30, 2015 (in thousands): Assets (Liabilities) Corporate Bonds and Notes Derivative Liabilities June 30, 2016 June 30, 2015 June 30, 2016 June 30, 2015 Balance of recurring Level 3 assets at April 1 $ 252 $ — $ (84 ) $ (33 ) Derivative instruments entered into — — (23 ) — Total gains or losses for the period: Included in earnings - other non-interest income — — (13 ) 20 Included in other comprehensive income 4 — — — Transfers into Level 3 — — — — Balance of recurring Level 3 assets at June 30 $ 256 $ — $ (120 ) $ (13 ) The table below presents a reconciliation of all assets and liabilities measured at fair value on a recurring basis using significant unobservable inputs (Level 3) for the six month periods ended June 30, 2016 and June 30, 2015 (in thousands): Assets (Liabilities) Corporate Bonds and Notes Derivative Liabilities June 30, 2016 June 30, 2015 June 30, 2016 June 30, 2015 Balance of recurring Level 3 assets at January 1 $ 248 $ — $ (48 ) $ (18 ) Derivative instruments entered into — — (25 ) — Total gains or losses for the period: Included in earnings - other non-interest income — — (47 ) 5 Included in other comprehensive income 8 — — — Transfers into Level 3 — — — — Balance of recurring Level 3 assets at June 30 $ 256 $ — $ (120 ) $ (13 ) The following table presents information related to Level 3 recurring fair value measurements at June 30, 2016 and December 31, 2015 (in thousands): Description Fair Value at Valuation Technique Unobservable Inputs Range Corporate bonds and notes $ 256 Discounted cash flow Credit spread 1.73% - 1.73% Derivative liabilities $ 120 Historical trend Credit default rate 5.83% - 5.83% Description Fair Value at Valuation Technique Unobservable Inputs Range Corporate bonds and notes $ 248 Discounted cash flow Credit spread 1.73% - 1.73% Derivative liabilities $ 48 Historical trend Credit default rate 5.83% - 5.83% The Corporation used the following methods and significant assumptions to estimate fair value on a non-recurring basis: Impaired Loans : At the time a loan is considered impaired, it is valued at the lower of cost or fair value. Impaired loans carried at fair value have been partially charged-off or receive specific allocations as part of the allowance for loan loss accounting. For collateral dependent loans, fair value is commonly based on 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 independent 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. Non-real estate collateral may be valued using an appraisal, net book value per the borrower’s financial statements, or aging reports, adjusted or discounted based on management’s historical knowledge, changes in market conditions from the time of the valuation, and management’s expertise and knowledge of the client and client’s business, typically resulting in a Level 3 fair value classification. Impaired loans are evaluated on a quarterly basis for additional impairment and adjusted accordingly. OREO : Assets acquired through or instead of loan foreclosures are initially recorded at fair value less costs to sell when acquired, establishing a new cost basis. These assets are subsequently accounted for at lower of cost or fair value less estimated costs to sell. Fair value is commonly 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 independent 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. Assets in which the Corporation has accepted a purchase offer are classified as Level 2. Appraisals for both collateral-dependent impaired loans and OREO are performed by certified general appraisers (commercial properties) or certified residential appraisers (residential properties) whose qualifications and licenses have been reviewed and verified by the Corporation. Once received, appraisals are reviewed for reasonableness of assumptions, approaches utilized, Uniform Standards of Professional Appraisal Practice and other regulatory compliance, as well as the overall resulting fair value in comparison with independent data sources such as recent market data or industry-wide statistics. Appraisals are generally completed within the previous 12 month period prior to a property being placed into OREO. On impaired loans, appraisal values are adjusted based on the age of the appraisal, the position of the lien, the type of the property and its condition. Assets and liabilities measured at fair value on a non-recurring basis are summarized below (in thousands): Fair Value Measurement at June 30, 2016 Using Financial Assets: Fair Value Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs Impaired Loans: Commercial mortgages: Commercial mortgages $ 614 $ — $ — $ 614 Consumer loans: Home equity lines and loans 239 — — 239 Total impaired loans $ 853 $ — $ — $ 853 Other real estate owned: Commercial mortgages: Commercial mortgages $ 51 $ — $ — $ 51 Residential mortgages 325 — — 325 Consumer loans: Home equity lines and loans 17 — — 17 Total other real estate owned, net $ 393 $ — $ — $ 393 Fair Value Measurement at December 31, 2015 Using Financial Assets: Fair Value Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs Impaired Loans: Commercial mortgages: Commercial mortgages $ 2,629 $ — $ — $ 2,629 Consumer loans: Home equity lines and loans 287 — — 287 Total impaired loans $ 2,916 $ — $ — $ 2,916 Other real estate owned: Commercial mortgages: Commercial mortgages $ 1,491 $ — $ 1,491 $ — Residential mortgages 39 — — 39 Total other real estate owned, net $ 1,530 $ — $ 1,491 $ 39 The following tables presents information related to Level 3 non-recurring fair value measurement at June 30, 2016 and December 31, 2015 (in thousands): Description Fair Value at June 30, 2016 Valuation Technique Unobservable Inputs Range Impaired loans: Commercial mortgages: Commercial mortgages $ 614 Sales comparison Discount to appraised value 10.00% - 21.83% Consumer loans: Home equity lines and loans 239 Sales comparison Discount to appraised value 20.80% - 20.80% $ 853 OREO: Commercial mortgages: Commercial mortgages $ 51 Sales comparison Discount to appraised value 23.66% - 23.66% Residential mortgages 325 Sales comparison Discount to appraised value 20.80% - 39.22% Consumer loans: Home equity lines and loans 17 Sales comparison Discount to appraised value 20.80% - 20.80% $ 393 Description Fair Value at December 31, 2015 Valuation Technique Unobservable Inputs Range Impaired loans: Commercial mortgages: Commercial mortgages $ 2,629 Sales comparison Discount to appraised value 10.00% - 17.19% Consumer loans: Home equity lines and loans 287 Sales comparison Discount to appraised value 18.04% - 18.04% $ 2,916 OREO: Residential mortgages $ 39 Sales comparison Discount to appraised value 22.30% - 22.30% $ 39 FAIR VALUE OF FINANCIAL INSTRUMENTS The following methods and assumptions were used to estimate the fair value of each class of financial instruments not already discussed: Cash and Due From Financial Institutions and Interest-Bearing Deposits in Other Financial Institutions For those short-term instruments that generally mature in 90 days or less, the carrying value approximates fair value of which non-interest-bearing deposits are classified as Level 1 and interest-bearing deposits with the FHLBNY and FRBNY are classified as Level 1. Securities Held to Maturity For securities where quoted prices or market prices of similar securities are not available, fair values are calculated using discounted cash flows or other market indicators (Level 3 inputs). FHLBNY and FRBNY Stock It is not practicable to determine the fair value of FHLBNY and FRBNY stock due to restrictions placed on its transferability. Loans, Net For variable-rate loans that reprice frequently, fair values approximate carrying values. The fair values for other loans are estimated through discounted cash flow analysis using interest rates currently being offered for loans with similar terms and credit quality. Loans are classified as Level 3. The methods utilized to estimate the fair value of loans do not necessarily represent an exit price. Loans Held for Sale Certain mortgage loans are originated with the intent to sell. Loans held for sale are recorded at the lower of cost or market and are classified as Level 2. Deposits The fair values disclosed for demand deposits, savings accounts and money market accounts are, by definition, equal to the amounts payable on demand at the reporting date (i.e., their carrying values) and classified as Level 1. The fair value of certificates of deposits is estimated using a discounted cash flow approach that applies interest rates currently being offered on certificates to a schedule of the weighted-average expected monthly maturities and classified as Level 2. Securities Sold Under Agreements to Repurchase These instruments bear both variable and fixed rates of interest. Therefore, the carrying value approximates fair value for the variable rate instruments and the fair value of fixed rate instruments is based on discounted cash flows to maturity. These are classified as Level 2. FHLBNY Overnight Advances and FHLBNY Term Advances These instruments bear a stated rate of interest to maturity and, therefore, the fair value is based on discounted cash flows to maturity and classified as Level 2. Accrued Interest Receivable and Payable For these short-term instruments, the carrying value approximates fair value resulting in a classification of Level 1, Level 2 or Level 3 depending upon the classification of the asset/liability they are associated with. The carrying amounts and estimated fair values of other financial instruments, at June 30, 2016 and December 31, 2015 , are as follows (in thousands): June 30, 2016 Financial assets: Carrying Amount Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs Estimated Fair Value Cash and due from financial institutions $ 27,233 $ 27,233 $ — $ — $ 27,233 Interest-bearing deposits in other financial institutions 80,121 80,121 — — 80,121 Trading assets 767 767 — — 767 Securities available for sale 300,277 52 299,969 256 300,277 Securities held to maturity 3,518 — — 3,793 3,793 FHLBNY and FRBNY stock 4,491 — — — N/A Loans, net 1,186,488 — — 1,209,140 1,209,140 Loans held for sale 809 — 843 — 843 Accrued interest receivable 3,904 — 965 2,939 3,904 Derivative assets 437 — 437 — 437 Financial liabilities: Deposits: Demand, savings, and insured money market accounts $ 1,309,265 $ 1,309,265 $ — $ — $ 1,309,265 Time deposits 158,655 — 159,084 — 159,084 Securities sold under agreements to repurchase 28,778 — 29,459 — 29,459 FHLBNY term advances 19,148 — 19,564 — 19,564 Accrued interest payable 213 21 192 — 213 Derivative liabilities 557 — 437 120 557 (1) Fair value estimates are made at a specific point in time, based on relevant market information and information about the financial instrument. These estimates are subjective in nature and involve uncertainties and matters of significant judgment and, therefore, cannot be determined with precision. Changes in assumptions could significantly affect the estimates. December 31, 2015 Financial assets: Carrying Amount Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs Estimated Fair Value Cash and due from financial institutions $ 24,886 $ 24,886 $ — $ — $ 24,886 Interest-bearing deposits in other financial institutions 1,299 1,299 — — 1,299 Trading assets 701 701 — — 701 Securities available for sale 344,820 14,840 329,732 248 344,820 Securities held to maturity 4,566 — — 4,822 4,822 FHLBNY and FRBNY stock 4,797 — — — N/A Loans, net 1,154,373 — — 1,178,081 1,178,081 Loans held for sale 1,076 — 1,076 — 1,076 Accrued interest receivable 4,015 39 1,141 2,835 4,015 Derivative assets 15 — 15 — 15 Financial liabilities: Deposits: Demand, savings, and insured money market accounts $ 1,234,216 $ 1,234,216 $ — $ — $ 1,234,216 Time deposits 166,079 — 166,551 — 166,551 Securities sold under agreements to repurchase 28,453 — 29,128 — 29,128 FHLBNY overnight advances 13,900 — 13,901 — 13,901 FHLBNY term advances 19,203 — 19,658 — 19,658 Accrued interest payable 209 17 192 — 209 Derivative liabilities 63 — 15 48 63 (1) Fair value estimates are made at a specific point in time, based on relevant market information and information about the financial instrument. These estimates are subjective in nature and involve uncertainties and matters of significant judgment and, therefore, cannot be determined with precision. Changes in assumptions could significantly affect the estimates.

GOODWILL AND INTANGIBLE ASSETS

GOODWILL AND INTANGIBLE ASSETS	6 Months Ended
	Jun. 30, 2016
Goodwill and Intangible Assets Disclosure [Abstract]
GOODWILL AND INTANGIBLE ASSETS	GOODWILL AND INTANGIBLE ASSETS The changes in goodwill included in the core banking segment during the periods ended June 30, 2016 and 2015 were as follows (in thousands): 2016 2015 Beginning of year $ 21,824 $ 21,824 Acquired goodwill — — Ending balance June 30, $ 21,824 $ 21,824 Acquired intangible assets were as follows at June 30, 2016 and December 31, 2015 (in thousands): At June 30, 2016 At December 31, 2015 Balance Acquired Accumulated Amortization Balance Acquired Accumulated Amortization Core deposit intangibles $ 5,975 $ 4,383 $ 5,975 $ 4,057 Other customer relationship intangibles 5,633 3,797 5,633 3,620 Total $ 11,608 $ 8,180 $ 11,608 $ 7,677 Aggregate amortization expense was $0.2 million and $0.3 million for the three month periods ended June 30, 2016 and 2015 , respectively. Aggregate amortization expense was $0.5 million and $0.6 million for the six month periods ended June 30, 2016 and 2015 , respectively. The remaining estimated aggregate amortization expense at June 30, 2016 is listed below (in thousands): Year Estimated Expense 2016 $ 483 2017 859 2018 734 2019 609 2020 484 2021 259 Total $ 3,428

SECURITIES SOLD UNDER AGREEMENT

SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE	6 Months Ended
	Jun. 30, 2016
Disclosure of Repurchase Agreements [Abstract]
SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE	SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE A summary of securities sold under agreements to repurchase as of June 30, 2016 and December 31, 2015 is as follows (in thousands): June 30, 2016 Overnight and Continuous Up to 1 Year 1 - 3 Years 3+ Years Total Obligations of U.S. Government and U.S. Government sponsored enterprises $ — $ 1,789 $ 1,507 $ — $ 3,296 Mortgage-backed securities, residential 17,119 11,247 11,205 — 39,571 Total 17,119 13,036 12,712 $ — 42,867 Excess collateral held (8,341 ) (3,036 ) (2,712 ) — (14,089 ) Gross amount of recognized liabilities for repurchase agreements $ 8,778 $ 10,000 $ 10,000 $ — $ 28,778 December 31, 2015 Overnight and Continuous Up to 1 Year 1 - 3 Years 3+ Years Total Obligations of U.S. Government and U.S. Government sponsored enterprises $ 12,163 $ 1,781 $ 9,323 $ — $ 23,267 Mortgage-backed securities, residential 8,280 9,174 3,135 — 20,589 Total 20,443 10,955 12,458 — 43,856 Excess collateral held (11,990 ) (955 ) (2,458 ) — (15,403 ) Gross amount of recognized liabilities for repurchase agreements $ 8,453 $ 10,000 $ 10,000 $ — $ 28,453 The Corporation enters into sales of securities under agreements to repurchase and the amounts received under these agreements represent borrowings and are reflected as a liability in the consolidated balance sheets. The securities underlying these agreements are included in investment securities in the consolidated balance sheets. The Corporation has no control over the market value of the securities which fluctuate due to market conditions, however, the Corporation is obligated to promptly transfer additional securities if the market value of the securities falls below the repurchase agreement price. The Corporation manages this risk by utilizing highly marketable and easily priced securities, monitoring these securities for significant changes in market valuation routinely, and maintaining an unpledged securities portfolio believed to be sufficient to cover a decline in the market value of the securities sold under agreements to repurchase.

ACCUMULATED OTHER COMPREHENSIVE

ACCUMULATED OTHER COMPREHENSIVE LOSS	6 Months Ended
	Jun. 30, 2016
Equity [Abstract]
ACCUMULATED OTHER COMPREHENSIVE LOSS	ACCUMULATED OTHER COMPREHENSIVE LOSS Accumulated other comprehensive loss represents the net unrealized holding gains or losses on securities available for sale and the funded status of the Corporation's defined benefit pension plan and other benefit plans, as of the consolidated balance sheet dates, net of the related tax effect. The following is a summary of the changes in accumulated other comprehensive loss by component, net of tax, for the periods indicated (in thousands): Unrealized Gains and Losses on Securities Available for Sale Defined Benefit and Other Benefit Plans Total Balance at April 1, 2016 $ 1,581 $ (10,919 ) $ (9,338 ) Other comprehensive income before reclassification 1,571 — 1,571 Amounts reclassified from accumulated other comprehensive income — 232 232 Net current period other comprehensive gain 1,571 232 1,803 Balance at June 30, 2016 $ 3,152 $ (10,687 ) $ (7,535 ) Unrealized Gains and Losses on Securities Available for Sale Defined Benefit and Other Benefit Plans Total Balance at April 1, 2015 $ 2,734 $ (10,521 ) $ (7,787 ) Other comprehensive loss before reclassification (1,394 ) — (1,394 ) Amounts reclassified from accumulated other comprehensive income (156 ) 223 67 Net current period other comprehensive gain (loss) (1,550 ) 223 (1,327 ) Balance at June 30, 2015 $ 1,184 $ (10,298 ) $ (9,114 ) Unrealized Gains and Losses on Securities Available for Sale Defined Benefit and Other Benefit Plans Total Balance at January 1, 2016 $ 210 $ (11,152 ) $ (10,942 ) Other comprehensive income before reclassification 3,507 — 3,507 Amounts reclassified from accumulated other comprehensive income (565 ) 465 (100 ) Net current period other comprehensive gain 2,942 465 3,407 Balance at June 30, 2016 $ 3,152 $ (10,687 ) $ (7,535 ) Unrealized Gains and Losses on Securities Available for Sale Defined Benefit and Other Benefit Plans Total Balance at January 1, 2015 $ 1,960 $ (10,745 ) $ (8,785 ) Other comprehensive income before reclassification (589 ) — (589 ) Amounts reclassified from accumulated other comprehensive income (187 ) 447 260 Net current period other comprehensive gain (loss) (776 ) 447 (329 ) Balance at June 30, 2015 $ 1,184 $ (10,298 ) $ (9,114 ) The following is the reclassification out of accumulated other comprehensive income for the periods indicated (in thousands): Details about Accumulated Other Comprehensive Income Components Three Months Ended Affected Line Item 2016 2015 Unrealized gains and losses on securities available for sale: Realized gains on securities available for sale $ — $ (252 ) Net gains on securities transactions Tax effect — 96 Income tax expense Net of tax — (156 ) Amortization of defined pension plan and other benefit plan items: Prior service costs (a) (23 ) (21 ) Pension and other employee benefits Actuarial losses (a) 396 384 Pension and other employee benefits Tax effect (141 ) (140 ) Income tax expense Net of tax 232 223 Total reclassification for the period, net of tax $ 232 $ 67 (a) These accumulated other comprehensive income components are included in the computation of net periodic pension and other benefit plan costs (see Note 10 for additional information). Details about Accumulated Other Comprehensive Income Components Six Months Ended June 30, Affected Line Item 2016 2015 Unrealized gains and losses on securities available for sale: Realized gains on securities available for sale $ (908 ) $ (302 ) Net gains on securities transactions Tax effect 343 115 Income tax expense Net of tax (565 ) (187 ) Amortization of defined pension plan and other benefit plan items: Prior service costs (a) (45 ) (43 ) Pension and other employee benefits Actuarial losses (a) 792 767 Pension and other employee benefits Tax effect (282 ) (277 ) Income tax expense Net of tax 465 447 Total reclassification for the period, net of tax $ (100 ) $ 260 (a) These accumulated other comprehensive income components are included in the computation of net periodic pension and other benefit plan costs (see Note 10 for additional information).

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	6 Months Ended
	Jun. 30, 2016
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	COMMITMENTS AND CONTINGENCIES The Corporation is a party to certain financial instruments with off-balance sheet risk such as commitments under standby letters of credit, unused portions of lines of credit, overdraft protection and commitments to fund new loans. In accordance with GAAP, these financial instruments are not recorded in the financial statements. The Corporation's policy is to record such instruments when funded. These transactions involve, to varying degrees, elements of credit, interest rate and liquidity risk. Such transactions are generally used by the Corporation to manage clients' requests for funding and other client needs. The following table lists the contractual amounts of financial instruments with off-balance sheet risk at June 30, 2016 and December 31, 2015 (in thousands): June 30, 2016 December 31, 2015 Fixed Rate Variable Rate Fixed Rate Variable Rate Commitments to make loans $ 47,782 $ 36,138 $ 17,167 $ 25,251 Unused lines of credit 1,163 189,230 1,265 177,004 Standby letters of credit — 14,056 — 14,646 On March 23, 2016, the Bank received a summons and complaint for an action brought in the State of New York Supreme Court for the County of Tompkins, regarding its lease of 202 East State Street, Ithaca, NY. The owner of the leased premises has alleged that the Bank has breached its contract and is requesting a judgment declaring that the term of the lease runs through December 31, 2025 or a judgment in his favor in the amount of $4.0 million . On July 25, 2016, the Corporation received Notice of Entry of the decision and order of the New York Supreme Court for the County of Tompkins, involving claims by the owner of the leased premises at 202 East State Street, Ithaca, New York against the Bank. The Court granted, in part, partial summary judgment in favor of the plaintiff - on the issue of liability only- for anticipatory breach and breach of contract. The fraud claims were dismissed, and summary judgment was denied on the plaintiff’s trespass claims. The Court set the matter down for an inquest on damages at a later date, with the original claim by the plaintiff seeking $4.0 million in damages. While the Corporation’s attorneys are assessing the merits of an appeal based on the information contained in the Court’s ruling, the Corporation established a legal reserve of $1.2 million in connection with this case as of June 30, 2016. In the normal course of business, there are various outstanding claims and legal proceedings involving the Corporation or its subsidiaries. Except for the above matter, we believe that we are not a party to any pending legal, arbitration, or regulatory proceedings that could have a material adverse impact on our financial results or liquidity.

COMPONENTS OF QUARTERLY AND YEA

COMPONENTS OF QUARTERLY AND YEAR TO DATE NET PERIODIC BENEFIT COSTS	6 Months Ended
	Jun. 30, 2016
Compensation and Retirement Disclosure [Abstract]
COMPONENTS OF QUARTERLY AND YEAR TO DATE NET PERIODIC BENEFIT COSTS	COMPONENTS OF QUARTERLY AND YEAR TO DATE NET PERIODIC BENEFIT COSTS The components of net periodic expense for the Corporation’s pension and other benefit plans for the periods indicated are as follows (in thousands): Three Months Ended Six Months Ended 2016 2015 2016 2015 Qualified Pension Plan Service cost, benefits earned during the period $ 298 $ 353 $ 594 $ 707 Interest cost on projected benefit obligation 470 457 940 914 Expected return on plan assets (756 ) (824 ) (1,511 ) (1,647 ) Amortization of unrecognized transition obligation — — — — Amortization of unrecognized prior service cost 2 3 4 5 Amortization of unrecognized net loss 383 369 767 737 Net periodic pension cost $ 397 $ 358 $ 794 $ 716 Supplemental Pension Plan Service cost, benefits earned during the period $ 10 $ 11 $ 21 $ 22 Interest cost on projected benefit obligation 13 12 26 24 Expected return on plan assets — — — — Amortization of unrecognized prior service cost — — — — Amortization of unrecognized net loss 7 13 13 26 Net periodic supplemental pension cost $ 30 $ 36 $ 60 $ 72 Postretirement Plan, Medical and Life Service cost, benefits earned during the period $ 12 $ 12 $ 24 $ 24 Interest cost on projected benefit obligation 18 16 35 32 Expected return on plan assets — — — — Amortization of unrecognized prior service cost (25 ) (24 ) (49 ) (48 ) Amortization of unrecognized net loss 6 2 12 4 Net periodic postretirement, medical and life cost $ 11 $ 6 $ 22 $ 12

SEGMENT REPORTING

SEGMENT REPORTING	6 Months Ended
	Jun. 30, 2016
Segment Reporting [Abstract]
SEGMENT REPORTING	SEGMENT REPORTING The Corporation manages its operations through two primary business segments: core banking and WMG. The core banking segment provides revenues by attracting deposits from the general public and using such funds to originate consumer, commercial, commercial real estate, and residential mortgage loans, primarily in the Corporation’s local markets and to invest in securities. The WMG services segment provides revenues by providing trust and investment advisory services to clients. Accounting policies for the segments are the same as those described in Note 1 of the Corporation’s 2015 Annual Report on Form 10-K, which was filed with the SEC on March 11, 2016. Summarized financial information concerning the Corporation’s reportable segments and the reconciliation to the Corporation’s consolidated results are shown in the following table. Income taxes are allocated based on the separate taxable income of each entity and indirect overhead expenses are allocated based on reasonable and equitable allocations applicable to the reportable segment. CFS amounts are the primary differences between segment amounts and consolidated totals, and are reflected in the Holding Company, CFS, and CRM column below, along with amounts to eliminate transactions between those segments (in thousands). CRM was formed during the second quarter of 2016, therefore, is not included within prior year comparative information. Three months ended June 30, 2016 Core Banking WMG Holding Company, CFS, and CRM Consolidated Totals Interest and dividend income $ 13,922 $ — $ 3 $ 13,925 Interest expense 957 — — 957 Net interest income 12,965 — 3 12,968 Provision for loan losses 388 — — 388 Net interest income after provision for loan losses 12,577 — 3 12,580 Other non-interest income 2,860 2,201 155 5,216 Other non-interest expenses 13,665 1,569 336 15,570 Income (loss) before income tax expense (benefit) 1,772 632 (178 ) 2,226 Income tax expense (benefit) 447 239 (81 ) 605 Segment net income $ 1,325 $ 393 $ (97 ) $ 1,621 Three months ended June 30, 2015 Core Banking WMG Holding Company and CFS Consolidated Totals Interest and dividend income $ 13,519 $ — $ — $ 13,519 Interest expense 872 — — 872 Net interest income 12,647 — — 12,647 Provision for loan losses 259 — — 259 Net interest income after provision for loan losses 12,388 — — 12,388 Other non-interest income 2,925 2,198 203 5,326 Other non-interest expenses 12,127 1,390 306 13,823 Income (loss) before income tax expense (benefit) 3,186 808 (103 ) 3,891 Income tax expense (benefit) 1,048 321 (55 ) 1,314 Segment net income (loss) $ 2,138 $ 487 $ (48 ) $ 2,577 Six months ended June 30, 2016 Core Banking WMG Holding Company, CFS, and CRM Consolidated Totals Interest and dividend income $ 27,871 $ — $ 3 $ 27,874 Interest expense 1,881 — — 1,881 Net interest income 25,990 — 3 25,993 Provision for loan losses 983 — — 983 Net interest income after provision for loan losses 25,007 — 3 25,010 Other non-interest income 6,276 4,213 328 10,817 Other non-interest expenses 25,917 2,958 703 29,578 Income (loss) before income tax expense (benefit) 5,366 1,255 (372 ) 6,249 Income tax expense (benefit) 1,617 474 (170 ) 1,921 Segment net income (loss) $ 3,749 $ 781 $ (202 ) $ 4,328 Segment assets $ 1,676,475 $ 4,539 $ 2,918 $ 1,683,932 Six months ended June 30, 2015 Core Banking WMG Holding Company And CFS Consolidated Totals Interest and dividend income $ 26,750 $ — $ 3 $ 26,753 Interest expense 1,764 — — 1,764 Net interest income 24,986 — 3 24,989 Provision for loan losses 649 — — 649 Net interest income after provision for loan losses 24,337 — 3 24,340 Other non-interest income 5,639 4,324 549 10,512 Other non-interest expenses 24,275 2,694 590 27,559 Income (loss) before income tax expense (benefit) 5,701 1,630 (38 ) 7,293 Income tax expense (benefit) 1,863 623 (46 ) 2,440 Segment net income $ 3,838 $ 1,007 $ 8 $ 4,853 Segment assets $ 1,547,854 $ 4,552 $ 1,227 $ 1,553,633

STOCK COMPENSATION

STOCK COMPENSATION	6 Months Ended
	Jun. 30, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
STOCK COMPENSATION	STOCK COMPENSATION Board of Director’s Stock Compensation Members of the Board of Directors receive common shares of the Corporation equal in value to the amount of fees individually earned during the previous year for service as a director. The common shares are distributed to the Corporation's individual board members from treasury shares of the Corporation on or about January 15 following the calendar year of service. Additionally, the Chief Executive Officer of the Corporation, who does not receive cash compensation as a member of the Board of Directors, is awarded common shares equal in value to the average of those awarded to board members not employed by the Corporation who have served for 12 months during the prior year. During January 2016 and 2015 , 9,532 and 9,673 shares, respectively, were re-issued from treasury to fund the stock component of directors' compensation. An expense of $65 thousand and $67 thousand related to this compensation was recognized during the three month periods ended June 30, 2016 and 2015 , respectively. An expense of $135 thousand and $136 thousand related to this compensation was recognized during the six month periods ended June 30, 2016 and 2015 , respectively. This expense is accrued as shares are earned. Restricted Stock Plan Pursuant to the Corporation’s Restricted Stock Plan, the Corporation may make discretionary grants of restricted stock to officers other than the Corporation's Chief Executive Officer. Compensation expense is recognized over the vesting period of the awards based on the fair value of the stock at issue date. A summary of restricted stock activity for the three month period ended June 30, 2016 is presented below: Shares Weighted–Average Grant Date Fair Value Nonvested at April 1, 2016 22,154 $ 28.12 Granted — — Vested — — Forfeited or cancelled — — Nonvested at June 30, 2016 22,154 $ 28.12 A summary of restricted stock activity for the six month period ended June 30, 2016 is presented below: Shares Weighted–Average Grant Date Fair Value Nonvested at January 1, 2016 22,569 $ 28.09 Granted — — Vested (415 ) 26.59 Forfeited or cancelled — — Nonvested at June 30, 2016 22,154 $ 28.12 As of June 30, 2016 , there was $519 thousand of total unrecognized compensation cost related to nonvested shares granted under the Plan. The cost is expected to be recognized over a weighted-average period of 3.37 years. The total fair value of shares vested was $11 thousand for both of the six month periods ended June 30, 2016 and 2015 .

SUMMARY OF SIGNIFICANT ACCOUN21

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	6 Months Ended
	Jun. 30, 2016
Accounting Policies [Abstract]
Organization	Organization The Corporation, through its wholly-owned subsidiaries, the Bank and CFS, provides a wide range of banking, financing, fiduciary and other financial services to its clients. The Corporation and the Bank are subject to the regulations of certain federal and state agencies and undergo periodic examinations by those regulatory authorities. CRM, a wholly-owned subsidiary of the Corporation which was formed and began operations on May 31, 2016, is a Nevada-based captive insurance company which insures against certain risks unique to the operations of the Corporation and its subsidiaries and for which insurance may not be currently available or economically feasible in today's insurance marketplace. CRM pools resources with several other similar insurance company subsidiaries of financial institutions to spread a limited amount of risk among themselves. CRM is subject to regulations of the State of Nevada and undergoes periodic examinations by the Nevada Division of Insurance.
Basis of Presentation	Basis of Presentation The accompanying unaudited consolidated financial statements have been prepared in conformity with GAAP for interim financial information and pursuant to the requirements for reporting on Form 10-Q and Article 10 of Regulation S-X of the Securities Exchange Act of 1934. These financial statements include the accounts of the Corporation and its subsidiaries, and all significant intercompany balances and transactions are eliminated in consolidation. Amounts in the prior periods' consolidated financial statements are reclassified whenever necessary to conform to the current period's presentation. The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions based on available information. These estimates and assumptions affect the amounts reported in the financial statements and disclosures provided, and actual results could differ. In the opinion of management, all adjustments (consisting of normal recurring adjustments) and disclosures necessary for the fair presentation of the accompanying consolidated financial statements have been included.
Recent Accounting Pronouncements	Recent Accounting Pronouncements In January 2016, the FASB issued ASU 2016-01, an amendment to Recognition and Measurement of Financial Assets and Financial Liabilities (Subtopic 825-10) . The objectives of the ASU are to (1) require equity investments to be measured at fair value, with changes in fair value recognized in net income, (2) simplify the impairment assessment of equity investments without readily determinable fair values, (3) eliminate the requirement to disclose methods and significant assumptions used to estimate fair value for financial instruments measured at amortized cost on the balance sheet, (4) require the use of the exit price notion when measuring the fair value of financial instruments, and (5) clarify the need for a valuation allowance on a deferred tax asset related to available-for-sale securities in combination with the entity’s other deferred tax assets. The amendments in this ASU are effective for public business entities for annual periods, and interim periods within those annual periods, beginning after December 15, 2017. The Corporation is evaluating the potential impact of ASU 2016-01 on the Corporation's consolidated financial statements. In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842) . ASU 2016-02 requires companies that lease valuable assets to recognize on their balance sheets the assets and liabilities generated by contracts longer than a year. The amendments in this update are effective for annual periods, and interim periods within those annual periods, beginning after December 15, 2018, though early adoption is permitted. The Corporation is evaluating the potential impact of ASU 2016-02 on the Corporation's consolidated financial statements. In March 2016, the FASB issued ASU 2016-08, Revenue from Contracts with Customers (Topic 606): Principal Versus Agent Consideration - Reporting Revenue Gross Versus Net . The objective of the ASU is to align the recognition of revenue with the transfer of promised goods or services provided to customers in an amount that reflects the consideration which the entity expects to be entitled in exchange for those goods or services. The amendments in this ASU are effective for public business entities for annual periods, and interim periods within those annual periods, beginning after December 15, 2017. The Corporation is evaluating the potential impact on the Corporation's consolidated financial statements. In March 2016, the FASB issued ASU 2016-09, Compensation - Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting . The objectives of the ASU are to simplify accounting for a stock payment's tax consequences and amend how excess tax benefits and a business's payments to cover the tax bills for the shares' recipients should be classified. The amendments allow companies to estimate the number of stock awards they expect to vest, and they revise the withholding requirements for classifying stock awards as equity. The amendments in this ASU are effective for public companies for fiscal years beginning after December 15, 2016, though early adoption is permitted. The adoption of ASU 2016-09 is not expected to have a significant impact on the Corporation's consolidated financial statements. In June 2016, the FASB issued ASU 2016-13, Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments . The objective of the ASU is to provide financial statement users with more decision-useful information about the expected credit losses on financial instruments and other commitments to extend credit held by a reporting entity at each reporting date by replacing the incurred loss impairment methodology in current GAAP with a methodology that reflects expected credit losses and requires consideration of a broader range of reasonable and supportable information to form credit loss estimates. The amendments in this ASU are effective for public companies for fiscal years beginning after December 15, 2019, though entities may adopt the amendments earlier for fiscal year beginning after December 15, 2018. The Corporation is evaluating the potential impact on the Corporation's consolidated financial statements.

SECURITIES (Tables)

SECURITIES (Tables)	6 Months Ended
	Jun. 30, 2016
Investments, Debt and Equity Securities [Abstract]
Amortized cost and estimated fair value of securities available for sale	Amortized cost and estimated fair value of securities available for sale are as follows (in thousands): June 30, 2016 Amortized Cost Unrealized Gains Unrealized Losses Estimated Fair Value Obligations of U.S. Government and U.S. Government sponsored enterprises $ 69,651 $ 680 $ — $ 70,331 Mortgage-backed securities, residential 183,682 3,035 — 186,717 Obligations of states and political subdivisions 40,242 1,153 — 41,395 Corporate bonds and notes 748 8 — 756 SBA loan pools 606 4 1 609 Corporate stocks 284 185 — 469 Total $ 295,213 $ 5,065 $ 1 $ 300,277 December 31, 2015 Amortized Cost Unrealized Gains Unrealized Losses Estimated Fair Value Obligations of U.S. Government and U.S. Government sponsored enterprises $ 99,430 $ 752 $ 16 $ 100,166 Mortgage-backed securities, residential 199,680 427 1,741 198,366 Obligations of states and political subdivisions 43,695 737 6 44,426 Corporate bonds and notes 747 5 — 752 SBA loan pools 643 5 1 647 Corporate stocks 285 178 — 463 Total $ 344,480 $ 2,104 $ 1,764 $ 344,820
Amortized cost and estimated fair value of securities held to maturity	Amortized cost and estimated fair value of securities held to maturity are as follows (in thousands): June 30, 2016 Amortized Cost Unrealized Gains Unrealized Losses Estimated Fair Value Obligations of states and political subdivisions $ 3,518 $ 275 $ — $ 3,793 Total $ 3,518 $ 275 $ — $ 3,793 December 31, 2015 Amortized Cost Unrealized Gains Unrealized Losses Estimated Fair Value Obligations of states and political subdivisions $ 4,566 $ 256 $ — $ 4,822 Total $ 4,566 $ 256 $ — $ 4,822
Amortized cost and estimated fair value of debt securities by contractual maturity	The amortized cost and estimated fair value of debt securities are shown below by expected maturity. Expected maturities may differ from contractual maturities if borrowers have the right to call or prepay obligations with or without call or prepayment penalties. Securities not due at a single maturity date are shown separately (in thousands): June 30, 2016 Available for Sale Held to Maturity Amortized Fair Amortized Fair Within one year $ 42,624 $ 42,828 $ 1,300 $ 1,315 After one, but within five years 58,008 59,164 2,037 2,267 After five, but within ten years 10,009 10,490 181 211 After ten years — — — — 110,641 112,482 3,518 3,793 Mortgage-backed securities, residential 183,682 186,717 — — SBA loan pools 606 609 — — Total $ 294,929 $ 299,808 $ 3,518 $ 3,793
Proceeds from sales and calls of securities resulting in gains or losses	The proceeds from sales and calls of securities resulting in gains or losses for the three months ended June 30, 2016 and 2015 are listed below (in thousands): 2016 2015 Proceeds $ — $ 54,268 Gross gains — 252 Tax expense — 97 The proceeds from sales and calls of securities resulting in gains or losses for the six months ended June 30, 2016 and 2015 are listed below (in thousands): 2016 2015 Proceeds $ 15,422 $ 54,319 Gross gains 908 302 Tax expense 343 116
Investment securities available for sale in an unrealized loss position	The following tables summarize the investment securities available for sale with unrealized losses at June 30, 2016 and December 31, 2015 by aggregated major security type and length of time in a continuous unrealized loss position (in thousands): Less than 12 months 12 months or longer Total June 30, 2016 Fair Value Unrealized Fair Value Unrealized Fair Value Unrealized SBA loan pools $ — $ — $ 238 $ 1 $ 238 $ 1 Total temporarily impaired securities $ — $ — $ 238 $ 1 $ 238 $ 1 Less than 12 months 12 months or longer Total December 31, 2015 Fair Value Unrealized Fair Value Unrealized Fair Value Unrealized Obligations of U.S. Government and U.S. Government sponsored enterprises $ 15,169 $ 16 $ — $ — $ 15,169 $ 16 Mortgage-backed securities, residential 177,058 1,741 — — 177,058 1,741 Obligations of states and political subdivisions 3,756 4 592 2 4,348 6 SBA loan pools — — 251 1 251 1 Total temporarily impaired securities $ 195,983 $ 1,761 $ 843 $ 3 $ 196,826 $ 1,764

LOANS AND ALLOWANCE FOR LOAN 23

LOANS AND ALLOWANCE FOR LOAN LOSSES (Tables)	6 Months Ended
	Jun. 30, 2016
Loans and Leases Receivable Disclosure [Abstract]
Composition of the loan portfolio by type	The composition of the loan portfolio, net of deferred origination fees and costs, is summarized as follows (in thousands): June 30, 2016 December 31, 2015 Commercial and agricultural: Commercial and industrial $ 189,913 $ 192,197 Agricultural 1,153 1,036 Commercial mortgages: Construction 40,937 41,131 Commercial mortgages, other 510,871 465,347 Residential mortgages 196,200 195,778 Consumer loans: Credit cards 1,338 1,483 Home equity lines and loans 98,758 101,726 Indirect consumer loans 144,014 151,327 Direct consumer loans 17,972 18,608 Total loans, net of deferred origination fees and costs $ 1,201,156 $ 1,168,633 Interest receivable on loans 2,964 2,870 Total recorded investment in loans $ 1,204,120 $ 1,171,503
Allowance for loan losses by portfolio segment	The following tables present the activity in the allowance for loan losses by portfolio segment for the three and six month periods ended June 30, 2016 and 2015 (in thousands): Three Months Ended June 30, 2016 Allowance for loan losses Commercial and Agricultural Commercial Mortgages Residential Mortgages Consumer Loans Total Beginning balance $ 1,795 $ 7,532 $ 1,482 $ 3,718 $ 14,527 Charge-offs (9 ) — (58 ) (272 ) (339 ) Recoveries 18 2 — 72 92 Net recoveries (charge-offs) 9 2 (58 ) (200 ) (247 ) Provision (33 ) 220 80 121 388 Ending balance $ 1,771 $ 7,754 $ 1,504 $ 3,639 $ 14,668 Three Months Ended June 30, 2015 Allowance for loan losses Commercial and Agricultural Commercial Mortgages Residential Mortgages Consumer Loans Total Beginning balance $ 1,671 $ 6,530 $ 1,594 $ 4,097 $ 13,892 Charge-offs — (28 ) (10 ) (245 ) (283 ) Recoveries 23 17 — 120 160 Net recoveries (charge-offs) 23 (11 ) (10 ) (125 ) (123 ) Provision 131 106 (39 ) 61 259 Ending balance $ 1,825 $ 6,625 $ 1,545 $ 4,033 $ 14,028 Six Months Ended June 30, 2016 Allowance for loan losses Commercial and Agricultural Commercial Mortgages Residential Mortgages Consumer Loans Total Beginning balance: $ 1,831 $ 7,112 $ 1,464 $ 3,853 $ 14,260 Charge-offs: (17 ) — (58 ) (715 ) (790 ) Recoveries: 50 9 — 156 215 Net recoveries (charge-offs) 33 9 (58 ) (559 ) (575 ) Provision (93 ) 633 98 345 983 Ending balance $ 1,771 $ 7,754 $ 1,504 $ 3,639 $ 14,668 Six Months Ended June 30, 2015 Allowance for loan losses Commercial and Agricultural Commercial Mortgages Residential Mortgages Consumer Loans Total Beginning balance: $ 1,460 $ 6,326 $ 1,572 $ 4,328 $ 13,686 Charge-offs: — (28 ) (32 ) (613 ) (673 ) Recoveries: 38 84 — 244 366 Net recoveries (charge-offs) 38 56 (32 ) (369 ) (307 ) Provision 327 243 5 74 649 Ending balance $ 1,825 $ 6,625 $ 1,545 $ 4,033 $ 14,028
Allowance for loan losses and the recorded investment in loans based on impairment method	The following tables present the balance in the allowance for loan losses and the recorded investment in loans by portfolio segment and based on impairment method as of June 30, 2016 and December 31, 2015 (in thousands): June 30, 2016 Allowance for loan losses: Commercial and Agricultural Commercial Mortgages Residential Mortgages Consumer Loans Total Ending allowance balance attributable to loans: Individually evaluated for impairment $ — $ 1,528 $ — $ 122 $ 1,650 Collectively evaluated for impairment 1,771 6,167 1,479 3,517 12,934 Loans acquired with deteriorated credit quality — 59 25 — 84 Total ending allowance balance $ 1,771 $ 7,754 $ 1,504 $ 3,639 $ 14,668 December 31, 2015 Allowance for loan losses: Commercial and Agricultural Commercial Mortgages Residential Mortgages Consumer Loans Total Ending allowance balance attributable to loans: Individually evaluated for impairment $ 8 $ 1,481 $ — $ 77 $ 1,566 Collectively evaluated for impairment 1,823 5,572 1,424 3,776 12,595 Loans acquired with deteriorated credit quality — 59 40 — 99 Total ending allowance balance $ 1,831 $ 7,112 $ 1,464 $ 3,853 $ 14,260 June 30, 2016 Loans: Commercial Commercial Mortgages Residential Mortgages Consumer Loans Total Loans individually evaluated for impairment $ 1,054 $ 11,626 $ 486 $ 464 $ 13,630 Loans collectively evaluated for impairment 190,477 539,746 196,120 262,272 1,188,615 Loans acquired with deteriorated credit quality — 1,782 93 — 1,875 Total ending loans balance $ 191,531 $ 553,154 $ 196,699 $ 262,736 $ 1,204,120 December 31, 2015 Loans: Commercial Commercial Mortgages Residential Mortgages Consumer Loans Total Loans individually evaluated for impairment $ 1,498 $ 12,773 $ 235 $ 474 $ 14,980 Loans collectively evaluated for impairment 192,202 493,102 195,731 273,393 1,154,428 Loans acquired with deteriorated credit quality — 1,825 270 — 2,095 Total ending loans balance $ 193,700 $ 507,700 $ 196,236 $ 273,867 $ 1,171,503
Summary of impaired financing receivables	The following table presents loans individually evaluated for impairment recognized by class of loans as of June 30, 2016 and December 31, 2015 (in thousands): June 30, 2016 December 31, 2015 With no related allowance recorded: Unpaid Principal Balance Recorded Investment Allowance for Loan Losses Allocated Unpaid Principal Balance Recorded Investment Allowance for Loan Losses Allocated Commercial and agricultural: Commercial and industrial $ 1,050 $ 1,054 $ — $ 1,487 $ 1,489 $ — Commercial mortgages: Construction 333 334 — 349 350 — Commercial mortgages, other 6,220 6,251 — 7,551 7,577 — Residential mortgages 485 486 — 234 235 — Consumer loans: Home equity lines and loans 101 103 — 107 108 — With an allowance recorded: Commercial and agricultural: Commercial and industrial — — — 9 9 8 Commercial mortgages: Commercial mortgages, other 5,108 5,041 1,528 4,913 4,846 1,481 Consumer loans: Home equity lines and loans 361 361 122 364 366 77 Total $ 13,658 $ 13,630 $ 1,650 $ 15,014 $ 14,980 $ 1,566 The following table presents the average recorded investment and interest income recognized by class of loans as of the three and six month periods ended June 30, 2016 and 2015 (in thousands): Three Months Ended Three Months Ended Six Months Ended Six Months Ended With no related allowance recorded: Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized Commercial and agricultural: Commercial and industrial $ 1,048 $ 12 $ 1,467 $ 17 $ 1,195 $ 25 $ 1,433 $ 32 Commercial mortgages: Construction 340 3 1,172 4 343 7 1,418 29 Commercial mortgages, other 6,733 59 7,636 63 7,014 121 7,660 126 Residential mortgages 399 1 246 1 344 1 249 2 Consumer loans: Home equity lines & loans 104 1 482 6 105 3 465 12 With an allowance recorded: Commercial and agricultural: Commercial and industrial 4 — 274 — 6 — 212 3 Commercial mortgages: Commercial mortgages, other 4,942 1 4,611 24 4,910 3 4,438 47 Consumer loans: Home equity lines and loans 362 — — — 363 — 18 — Total $ 13,932 $ 77 $ 15,888 $ 115 $ 14,282 $ 161 $ 13 $ 251 (1) Cash basis interest income approximates interest income recognized. The following tables present the recorded investment in non-accrual and loans past due 90 days or more and still accruing by class of loans as of June 30, 2016 and December 31, 2015 (in thousands): Non-accrual Loans Past Due 90 Days or More and Still Accruing June 30, 2016 December 31, 2015 June 30, 2016 December 31, 2015 Commercial and agricultural: Commercial and industrial $ 55 $ 13 $ 8 $ 3 Agricultural — — — — Commercial mortgages: Construction 61 63 — — Commercial mortgages 6,578 7,203 2,271 — Residential mortgages 4,132 3,610 — — Consumer loans: Credit cards — — 12 15 Home equity lines and loans 1,286 758 — — Indirect consumer loans 277 542 — — Direct consumer loans 40 43 — — Total $ 12,429 $ 12,232 $ 2,291 $ 18
Recorded investment in past due and non-accrual status by class of loans	The following tables present the aging of the recorded investment in loans as of June 30, 2016 and December 31, 2015 (in thousands): June 30, 2016 30 - 59 Days Past Due 60 - 89 Days Past Due 90 Days or More Past Due Total Past Due Loans Acquired with Deteriorated Credit Quality Loans Not Past Due Total Commercial and agricultural: Commercial and industrial $ 276 $ 2 $ 63 $ 341 $ — $ 190,035 $ 190,376 Agricultural — — — — — 1,155 1,155 Commercial mortgages: Construction 1,104 — — 1,104 — 39,933 41,037 Commercial mortgages, other 553 5,383 5,516 11,452 1,782 498,883 512,117 Residential mortgages 1,585 557 2,027 4,170 93 192,436 196,699 Consumer loans: Credit cards 17 1 12 30 — 1,308 1,338 Home equity lines and loans 697 239 482 1,418 — 97,595 99,013 Indirect consumer loans 1,166 303 238 1,708 — 142,639 144,347 Direct consumer loans 65 32 10 106 — 17,932 18,038 Total $ 5,463 $ 6,517 $ 8,348 $ 20,329 $ 1,875 $ 1,181,916 $ 1,204,120 December 31, 2015 30 - 59 Days Past Due 60 - 89 Days Past Due 90 Days or More Past Due Total Past Due Loans Acquired with Deteriorated Credit Quality Loans Not Past Due Total Commercial and agricultural: Commercial and industrial $ 398 $ 3 $ 12 $ 413 $ — $ 192,248 $ 192,661 Agricultural — — — — — 1,039 1,039 Commercial mortgages: Construction — — — — — 41,231 41,231 Commercial mortgages, other 4,197 199 5,239 9,635 1,825 455,009 466,469 Residential mortgages 2,983 725 1,703 5,411 270 190,555 196,236 Consumer loans: Credit cards 30 4 15 49 — 1,434 1,483 Home equity lines and loans 233 77 239 549 — 101,427 101,976 Indirect consumer loans 1,744 4 447 2,195 — 149,531 151,726 Direct consumer loans 208 — 19 227 — 18,455 18,682 Total $ 9,793 $ 1,012 $ 7,674 $ 18,479 $ 2,095 $ 1,150,929 $ 1,171,503
Loans by class modified as troubled debt restructurings	The following table presents loans by class modified as TDRs for which there was a payment default within twelve months following the modification during the six months ended June 30, 2016 : Number of Loans Recorded Investment Commercial mortgages: Commercial mortgages 2 $ 2,120 Total 2 $ 2,120 The following table presents loans by class modified as TDRs that occurred during the three months ended June 30, 2016 and 2015 (dollars in thousands): June 30, 2016 Number of Loans Pre-Modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment Troubled debt restructurings: Commercial mortgages: Commercial mortgages 5 $ 312 $ 310 Residential mortgage 1 174 182 Consumer loans: Home equity lines and loans 1 74 74 Total 7 $ 560 $ 566 June 30, 2015 Number of Loans Pre-Modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment Troubled debt restructurings: Commercial mortgages: Commercial mortgages 1 $ 110 $ 110 Total 1 $ 110 $ 110 The TDRs described above did no t increase the allowance for loan losses and resulted in no charge-offs during the three months ended June 30, 2016 . The TDRs described above increased the allowance for loan losses by less than $0.1 million and resulted in no charge-offs during the three months ended June 30, 2015. The following table presents loans by class modified as TDRs that occurred during the six months ended June 30, 2016 and 2015 (dollars in thousands): June 30, 2016 Number of Loans Pre-Modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment Troubled debt restructurings: Commercial mortgages: Commercial mortgages 5 $ 312 $ 310 Residential mortgages 2 295 307 Consumer loans: Home equity lines and loans 1 74 74 Total 8 $ 681 $ 691 June 30, 2015 Number of Loans Pre-Modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment Troubled debt restructurings: Commercial and agricultural: Commercial and industrial 1 $ 477 $ 477 Commercial mortgages: Commercial mortgages 1 110 110 Total 2 $ 587 $ 587
Risk category of the recorded investment of loans by class of loans	Commercial loans not meeting the criteria above to be considered criticized or classified are considered to be pass rated loans. Loans listed as not rated are included in groups of homogeneous loans performing under terms of the loan notes. Based on the analyses performed as of June 30, 2016 and December 31, 2015 , the risk category of the recorded investment of loans by class of loans is as follows (in thousands): June 30, 2016 Not Rated Pass Special Mention Substandard Doubtful Loans acquired with deteriorated credit quality Total Commercial and agricultural: Commercial and industrial $ — $ 186,300 $ 2,543 $ 1,533 $ — $ — $ 190,376 Agricultural — 1,155 — — — 1,155 Commercial mortgages: Construction — 39,518 1,458 61 — — 41,037 Commercial mortgages — 484,606 8,364 12,954 4,411 1,782 512,117 Residential mortgages 192,474 — — 4,132 — 93 196,699 Consumer loans: Credit cards 1,338 — — — — — 1,338 Home equity lines and loans 97,727 — — 1,286 — — 99,013 Indirect consumer loans 144,070 — — 277 — — 144,347 Direct consumer loans 17,998 — — 40 — — 18,038 Total $ 453,607 $ 711,579 $ 12,365 $ 20,283 $ 4,411 $ 1,875 $ 1,204,120 December 31, 2015 Not Rated Pass Special Mention Substandard Doubtful Loans acquired with deteriorated credit quality Total Commercial and agricultural: Commercial and industrial $ — $ 186,359 $ 3,772 $ 2,521 $ 9 $ — $ 192,661 Agricultural — 1,039 — — — — 1,039 Commercial mortgages: Construction — 40,881 287 63 — — 41,231 Commercial mortgages — 437,549 8,437 14,454 4,204 1,825 466,469 Residential mortgages 192,245 — — 3,721 — 270 196,236 Consumer loans: Credit cards 1,483 — — — — — 1,483 Home equity lines and loans 101,218 — — 758 — — 101,976 Indirect consumer loans 151,184 — — 542 — — 151,726 Direct consumer loans 18,639 — — 43 — — 18,682 Total $ 464,769 $ 665,828 $ 12,496 $ 22,102 $ 4,213 $ 2,095 $ 1,171,503
Recorded investment in residential and consumer loans based on payment activity	The following table presents the recorded investment in residential and consumer loans based on payment activity as of June 30, 2016 and December 31, 2015 (in thousands): June 30, 2016 Consumer Loans Residential Mortgages Credit Card Home Equity Lines and Loans Indirect Consumer Loans Other Direct Consumer Loans Performing $ 192,567 $ 1,338 $ 97,727 $ 144,070 $ 17,998 Non-Performing 4,132 — 1,286 277 40 $ 196,699 $ 1,338 $ 99,013 $ 144,347 $ 18,038 December 31, 2015 Consumer Loans Residential Mortgages Credit Card Home Equity Lines and Loans Indirect Consumer Loans Other Direct Consumer Loans Performing $ 192,626 $ 1,483 $ 101,218 $ 151,184 $ 18,639 Non-Performing 3,610 — 758 542 43 $ 196,236 $ 1,483 $ 101,976 $ 151,726 $ 18,682
Summary of changes in contractually required principal and interest on loans acquired	The table below summarizes the changes in total contractually required principal and interest cash payments, management’s estimate of expected total cash payments and carrying value of the PCI loans from from April 1, 2016 to June 30, 2016 and April 1, 2015 to June 30, 2015 (in thousands): Three Months Ended June 30, 2016 Balance at March 31, 2016 Income Accretion All Other Adjustments Balance at June 30, 2016 Contractually required principal and interest $ 2,858 $ — $ (366 ) $ 2,492 Contractual cash flows not expected to be collected (nonaccretable discount) (505 ) — 131 (374 ) Cash flows expected to be collected 2,353 — (235 ) 2,118 Interest component of expected cash flows (accretable yield) (275 ) 33 (1 ) (243 ) Fair value of loans acquired with deteriorating credit quality $ 2,078 $ 33 $ (236 ) $ 1,875 Three Months Ended June 30, 2015 Balance at March 31, 2015 Income Accretion All Other Adjustments Balance at June 30, 2015 Contractually required principal and interest $ 2,945 $ — $ 91 $ 3,036 Contractual cash flows not expected to be collected (nonaccretable discount) (595 ) — 27 (568 ) Cash flows expected to be collected 2,350 — 118 2,468 Interest component of expected cash flows (accretable yield) (333 ) 36 (27 ) (324 ) Fair value of loans acquired with deteriorating credit quality $ 2,017 $ 36 $ 91 $ 2,144 The tables below summarizes the changes in total contractually required principal and interest cash payments, management’s estimate of expected total cash payments and carrying value of the PCI loans from January 1, 2016 to June 30, 2016 and January 1, 2015 to June 30, 2015 (in thousands): Six Months Ended June 30, 2016 Balance at December 31, 2015 Income Accretion All Other Adjustments Balance at June 30, 2016 Contractually required principal and interest $ 2,912 $ — $ (420 ) $ 2,492 Contractual cash flows not expected to be collected (nonaccretable discount) (506 ) — 132 (374 ) Cash flows expected to be collected 2,406 — (288 ) 2,118 Interest component of expected cash flows (accretable yield) (311 ) 70 (2 ) (243 ) Fair value of loans acquired with deteriorating credit quality $ 2,095 $ 70 $ (290 ) $ 1,875 Six Months Ended June 30, 2015 Balance at December 31, 2014 Income Accretion All Other Adjustments Balance at June 30, 2015 Contractually required principal and interest $ 3,621 $ — $ (585 ) $ 3,036 Contractual cash flows not expected to be collected (nonaccretable discount) (570 ) — 2 (568 ) Cash flows expected to be collected 3,051 — (583 ) 2,468 Interest component of expected cash flows (accretable yield) (420 ) 99 (3 ) (324 ) Fair value of loans acquired with deteriorating credit quality $ 2,631 $ 99 $ (586 ) $ 2,144

FAIR VALUE (Tables)

FAIR VALUE (Tables)	6 Months Ended
	Jun. 30, 2016
Fair Value Disclosures [Abstract]
Summary of assets and liabilities measured at fair value on a recurring basis	Assets and liabilities measured at fair value on a recurring basis are summarized below (in thousands): Fair Value Measurement at June 30, 2016 Using Financial Assets: Fair Value Quoted Prices Significant Significant Unobservable Inputs Obligations of U.S. Government and U.S. Government sponsored enterprises $ 70,331 $ — $ 70,331 $ — Mortgage-backed securities, residential 186,717 — 186,717 — Obligations of states and political subdivisions 41,395 — 41,395 — Corporate bonds and notes 756 — 500 256 SBA loan pools 609 — 609 — Corporate stocks 469 52 417 — Total available for sale securities $ 300,277 $ 52 $ 299,969 $ 256 Trading assets $ 767 $ 767 $ — $ — Derivative assets 437 — 437 — Financial Liabilities: Derivative liabilities $ 557 $ — $ 437 $ 120 Fair Value Measurement at December 31, 2015 Using Financial Assets: Fair Value Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs Obligations of U.S. Government and U.S. Government sponsored enterprises $ 100,166 $ 14,784 $ 85,382 $ — Mortgage-backed securities, residential 198,366 — 198,366 — Obligations of states and political subdivisions 44,426 — 44,426 — Corporate bonds and notes 752 — 504 248 SBA loan pools 647 — 647 — Corporate stocks 463 56 407 — Total available for sale securities $ 344,820 $ 14,840 $ 329,732 $ 248 Trading assets $ 701 $ 701 $ — $ — Derivative assets 15 — 15 — Financial Liabilities: Derivative liabilities $ 63 $ — $ 15 $ 48
Reconciliation of all assets measured at fair value	The table below presents a reconciliation of all assets and liabilities measured at fair value on a recurring basis using significant unobservable inputs (Level 3) for the three month periods ended June 30, 2016 and June 30, 2015 (in thousands): Assets (Liabilities) Corporate Bonds and Notes Derivative Liabilities June 30, 2016 June 30, 2015 June 30, 2016 June 30, 2015 Balance of recurring Level 3 assets at April 1 $ 252 $ — $ (84 ) $ (33 ) Derivative instruments entered into — — (23 ) — Total gains or losses for the period: Included in earnings - other non-interest income — — (13 ) 20 Included in other comprehensive income 4 — — — Transfers into Level 3 — — — — Balance of recurring Level 3 assets at June 30 $ 256 $ — $ (120 ) $ (13 ) The table below presents a reconciliation of all assets and liabilities measured at fair value on a recurring basis using significant unobservable inputs (Level 3) for the six month periods ended June 30, 2016 and June 30, 2015 (in thousands): Assets (Liabilities) Corporate Bonds and Notes Derivative Liabilities June 30, 2016 June 30, 2015 June 30, 2016 June 30, 2015 Balance of recurring Level 3 assets at January 1 $ 248 $ — $ (48 ) $ (18 ) Derivative instruments entered into — — (25 ) — Total gains or losses for the period: Included in earnings - other non-interest income — — (47 ) 5 Included in other comprehensive income 8 — — — Transfers into Level 3 — — — — Balance of recurring Level 3 assets at June 30 $ 256 $ — $ (120 ) $ (13 )
Reconciliation of liabilities measured at fair value	The table below presents a reconciliation of all assets and liabilities measured at fair value on a recurring basis using significant unobservable inputs (Level 3) for the six month periods ended June 30, 2016 and June 30, 2015 (in thousands): Assets (Liabilities) Corporate Bonds and Notes Derivative Liabilities June 30, 2016 June 30, 2015 June 30, 2016 June 30, 2015 Balance of recurring Level 3 assets at January 1 $ 248 $ — $ (48 ) $ (18 ) Derivative instruments entered into — — (25 ) — Total gains or losses for the period: Included in earnings - other non-interest income — — (47 ) 5 Included in other comprehensive income 8 — — — Transfers into Level 3 — — — — Balance of recurring Level 3 assets at June 30 $ 256 $ — $ (120 ) $ (13 )
Summary of assets and liabilities measured at fair value on a non-recurring basis	Assets and liabilities measured at fair value on a non-recurring basis are summarized below (in thousands): Fair Value Measurement at June 30, 2016 Using Financial Assets: Fair Value Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs Impaired Loans: Commercial mortgages: Commercial mortgages $ 614 $ — $ — $ 614 Consumer loans: Home equity lines and loans 239 — — 239 Total impaired loans $ 853 $ — $ — $ 853 Other real estate owned: Commercial mortgages: Commercial mortgages $ 51 $ — $ — $ 51 Residential mortgages 325 — — 325 Consumer loans: Home equity lines and loans 17 — — 17 Total other real estate owned, net $ 393 $ — $ — $ 393 Fair Value Measurement at December 31, 2015 Using Financial Assets: Fair Value Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs Impaired Loans: Commercial mortgages: Commercial mortgages $ 2,629 $ — $ — $ 2,629 Consumer loans: Home equity lines and loans 287 — — 287 Total impaired loans $ 2,916 $ — $ — $ 2,916 Other real estate owned: Commercial mortgages: Commercial mortgages $ 1,491 $ — $ 1,491 $ — Residential mortgages 39 — — 39 Total other real estate owned, net $ 1,530 $ — $ 1,491 $ 39
Nonrecurring fair value measurement, valuation techniques	The following tables presents information related to Level 3 non-recurring fair value measurement at June 30, 2016 and December 31, 2015 (in thousands): Description Fair Value at June 30, 2016 Valuation Technique Unobservable Inputs Range Impaired loans: Commercial mortgages: Commercial mortgages $ 614 Sales comparison Discount to appraised value 10.00% - 21.83% Consumer loans: Home equity lines and loans 239 Sales comparison Discount to appraised value 20.80% - 20.80% $ 853 OREO: Commercial mortgages: Commercial mortgages $ 51 Sales comparison Discount to appraised value 23.66% - 23.66% Residential mortgages 325 Sales comparison Discount to appraised value 20.80% - 39.22% Consumer loans: Home equity lines and loans 17 Sales comparison Discount to appraised value 20.80% - 20.80% $ 393 Description Fair Value at December 31, 2015 Valuation Technique Unobservable Inputs Range Impaired loans: Commercial mortgages: Commercial mortgages $ 2,629 Sales comparison Discount to appraised value 10.00% - 17.19% Consumer loans: Home equity lines and loans 287 Sales comparison Discount to appraised value 18.04% - 18.04% $ 2,916 OREO: Residential mortgages $ 39 Sales comparison Discount to appraised value 22.30% - 22.30% $ 39 The following table presents information related to Level 3 recurring fair value measurements at June 30, 2016 and December 31, 2015 (in thousands): Description Fair Value at Valuation Technique Unobservable Inputs Range Corporate bonds and notes $ 256 Discounted cash flow Credit spread 1.73% - 1.73% Derivative liabilities $ 120 Historical trend Credit default rate 5.83% - 5.83% Description Fair Value at Valuation Technique Unobservable Inputs Range Corporate bonds and notes $ 248 Discounted cash flow Credit spread 1.73% - 1.73% Derivative liabilities $ 48 Historical trend Credit default rate 5.83% - 5.83%
Carrying value and estimated fair value of financial instruments	The carrying amounts and estimated fair values of other financial instruments, at June 30, 2016 and December 31, 2015 , are as follows (in thousands): June 30, 2016 Financial assets: Carrying Amount Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs Estimated Fair Value Cash and due from financial institutions $ 27,233 $ 27,233 $ — $ — $ 27,233 Interest-bearing deposits in other financial institutions 80,121 80,121 — — 80,121 Trading assets 767 767 — — 767 Securities available for sale 300,277 52 299,969 256 300,277 Securities held to maturity 3,518 — — 3,793 3,793 FHLBNY and FRBNY stock 4,491 — — — N/A Loans, net 1,186,488 — — 1,209,140 1,209,140 Loans held for sale 809 — 843 — 843 Accrued interest receivable 3,904 — 965 2,939 3,904 Derivative assets 437 — 437 — 437 Financial liabilities: Deposits: Demand, savings, and insured money market accounts $ 1,309,265 $ 1,309,265 $ — $ — $ 1,309,265 Time deposits 158,655 — 159,084 — 159,084 Securities sold under agreements to repurchase 28,778 — 29,459 — 29,459 FHLBNY term advances 19,148 — 19,564 — 19,564 Accrued interest payable 213 21 192 — 213 Derivative liabilities 557 — 437 120 557 (1) Fair value estimates are made at a specific point in time, based on relevant market information and information about the financial instrument. These estimates are subjective in nature and involve uncertainties and matters of significant judgment and, therefore, cannot be determined with precision. Changes in assumptions could significantly affect the estimates. December 31, 2015 Financial assets: Carrying Amount Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs Estimated Fair Value Cash and due from financial institutions $ 24,886 $ 24,886 $ — $ — $ 24,886 Interest-bearing deposits in other financial institutions 1,299 1,299 — — 1,299 Trading assets 701 701 — — 701 Securities available for sale 344,820 14,840 329,732 248 344,820 Securities held to maturity 4,566 — — 4,822 4,822 FHLBNY and FRBNY stock 4,797 — — — N/A Loans, net 1,154,373 — — 1,178,081 1,178,081 Loans held for sale 1,076 — 1,076 — 1,076 Accrued interest receivable 4,015 39 1,141 2,835 4,015 Derivative assets 15 — 15 — 15 Financial liabilities: Deposits: Demand, savings, and insured money market accounts $ 1,234,216 $ 1,234,216 $ — $ — $ 1,234,216 Time deposits 166,079 — 166,551 — 166,551 Securities sold under agreements to repurchase 28,453 — 29,128 — 29,128 FHLBNY overnight advances 13,900 — 13,901 — 13,901 FHLBNY term advances 19,203 — 19,658 — 19,658 Accrued interest payable 209 17 192 — 209 Derivative liabilities 63 — 15 48 63 (1) Fair value estimates are made at a specific point in time, based on relevant market information and information about the financial instrument. These estimates are subjective in nature and involve uncertainties and matters of significant judgment and, therefore, cannot be determined with precision. Changes in assumptions could significantly affect the estimates.

GOODWILL AND INTANGIBLE ASSETS

GOODWILL AND INTANGIBLE ASSETS (Tables)	6 Months Ended
	Jun. 30, 2016
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of changes in goodwill	The changes in goodwill included in the core banking segment during the periods ended June 30, 2016 and 2015 were as follows (in thousands): 2016 2015 Beginning of year $ 21,824 $ 21,824 Acquired goodwill — — Ending balance June 30, $ 21,824 $ 21,824
Schedule of acquired finite-lived intangible assets by major class	Acquired intangible assets were as follows at June 30, 2016 and December 31, 2015 (in thousands): At June 30, 2016 At December 31, 2015 Balance Acquired Accumulated Amortization Balance Acquired Accumulated Amortization Core deposit intangibles $ 5,975 $ 4,383 $ 5,975 $ 4,057 Other customer relationship intangibles 5,633 3,797 5,633 3,620 Total $ 11,608 $ 8,180 $ 11,608 $ 7,677
Schedule of expected amortization expense	The remaining estimated aggregate amortization expense at June 30, 2016 is listed below (in thousands): Year Estimated Expense 2016 $ 483 2017 859 2018 734 2019 609 2020 484 2021 259 Total $ 3,428

SECURITIES SOLD UNDER AGREEME26

SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE (Tables)	6 Months Ended
	Jun. 30, 2016
Disclosure of Repurchase Agreements [Abstract]
Summary of securities sold under agreements to repurchase	A summary of securities sold under agreements to repurchase as of June 30, 2016 and December 31, 2015 is as follows (in thousands): June 30, 2016 Overnight and Continuous Up to 1 Year 1 - 3 Years 3+ Years Total Obligations of U.S. Government and U.S. Government sponsored enterprises $ — $ 1,789 $ 1,507 $ — $ 3,296 Mortgage-backed securities, residential 17,119 11,247 11,205 — 39,571 Total 17,119 13,036 12,712 $ — 42,867 Excess collateral held (8,341 ) (3,036 ) (2,712 ) — (14,089 ) Gross amount of recognized liabilities for repurchase agreements $ 8,778 $ 10,000 $ 10,000 $ — $ 28,778 December 31, 2015 Overnight and Continuous Up to 1 Year 1 - 3 Years 3+ Years Total Obligations of U.S. Government and U.S. Government sponsored enterprises $ 12,163 $ 1,781 $ 9,323 $ — $ 23,267 Mortgage-backed securities, residential 8,280 9,174 3,135 — 20,589 Total 20,443 10,955 12,458 — 43,856 Excess collateral held (11,990 ) (955 ) (2,458 ) — (15,403 ) Gross amount of recognized liabilities for repurchase agreements $ 8,453 $ 10,000 $ 10,000 $ — $ 28,453

ACCUMULATED OTHER COMPREHENSI27

ACCUMULATED OTHER COMPREHENSIVE LOSS (Tables)	6 Months Ended
	Jun. 30, 2016
Equity [Abstract]
Components of accumulated other comprehensive income (loss)	The following is a summary of the changes in accumulated other comprehensive loss by component, net of tax, for the periods indicated (in thousands): Unrealized Gains and Losses on Securities Available for Sale Defined Benefit and Other Benefit Plans Total Balance at April 1, 2016 $ 1,581 $ (10,919 ) $ (9,338 ) Other comprehensive income before reclassification 1,571 — 1,571 Amounts reclassified from accumulated other comprehensive income — 232 232 Net current period other comprehensive gain 1,571 232 1,803 Balance at June 30, 2016 $ 3,152 $ (10,687 ) $ (7,535 ) Unrealized Gains and Losses on Securities Available for Sale Defined Benefit and Other Benefit Plans Total Balance at April 1, 2015 $ 2,734 $ (10,521 ) $ (7,787 ) Other comprehensive loss before reclassification (1,394 ) — (1,394 ) Amounts reclassified from accumulated other comprehensive income (156 ) 223 67 Net current period other comprehensive gain (loss) (1,550 ) 223 (1,327 ) Balance at June 30, 2015 $ 1,184 $ (10,298 ) $ (9,114 ) Unrealized Gains and Losses on Securities Available for Sale Defined Benefit and Other Benefit Plans Total Balance at January 1, 2016 $ 210 $ (11,152 ) $ (10,942 ) Other comprehensive income before reclassification 3,507 — 3,507 Amounts reclassified from accumulated other comprehensive income (565 ) 465 (100 ) Net current period other comprehensive gain 2,942 465 3,407 Balance at June 30, 2016 $ 3,152 $ (10,687 ) $ (7,535 ) Unrealized Gains and Losses on Securities Available for Sale Defined Benefit and Other Benefit Plans Total Balance at January 1, 2015 $ 1,960 $ (10,745 ) $ (8,785 ) Other comprehensive income before reclassification (589 ) — (589 ) Amounts reclassified from accumulated other comprehensive income (187 ) 447 260 Net current period other comprehensive gain (loss) (776 ) 447 (329 ) Balance at June 30, 2015 $ 1,184 $ (10,298 ) $ (9,114 )
Reclassification out of accumulated other comprehensive income	The following is the reclassification out of accumulated other comprehensive income for the periods indicated (in thousands): Details about Accumulated Other Comprehensive Income Components Three Months Ended Affected Line Item 2016 2015 Unrealized gains and losses on securities available for sale: Realized gains on securities available for sale $ — $ (252 ) Net gains on securities transactions Tax effect — 96 Income tax expense Net of tax — (156 ) Amortization of defined pension plan and other benefit plan items: Prior service costs (a) (23 ) (21 ) Pension and other employee benefits Actuarial losses (a) 396 384 Pension and other employee benefits Tax effect (141 ) (140 ) Income tax expense Net of tax 232 223 Total reclassification for the period, net of tax $ 232 $ 67 (a) These accumulated other comprehensive income components are included in the computation of net periodic pension and other benefit plan costs (see Note 10 for additional information). Details about Accumulated Other Comprehensive Income Components Six Months Ended June 30, Affected Line Item 2016 2015 Unrealized gains and losses on securities available for sale: Realized gains on securities available for sale $ (908 ) $ (302 ) Net gains on securities transactions Tax effect 343 115 Income tax expense Net of tax (565 ) (187 ) Amortization of defined pension plan and other benefit plan items: Prior service costs (a) (45 ) (43 ) Pension and other employee benefits Actuarial losses (a) 792 767 Pension and other employee benefits Tax effect (282 ) (277 ) Income tax expense Net of tax 465 447 Total reclassification for the period, net of tax $ (100 ) $ 260 (a) These accumulated other comprehensive income components are included in the computation of net periodic pension and other benefit plan costs (see Note 10 for additional information).

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Tables)	6 Months Ended
	Jun. 30, 2016
Commitments and Contingencies Disclosure [Abstract]
Contractual amounts of financial instruments with off-balance sheet risk	The following table lists the contractual amounts of financial instruments with off-balance sheet risk at June 30, 2016 and December 31, 2015 (in thousands): June 30, 2016 December 31, 2015 Fixed Rate Variable Rate Fixed Rate Variable Rate Commitments to make loans $ 47,782 $ 36,138 $ 17,167 $ 25,251 Unused lines of credit 1,163 189,230 1,265 177,004 Standby letters of credit — 14,056 — 14,646

COMPONENTS OF QUARTERLY AND Y29

COMPONENTS OF QUARTERLY AND YEAR TO DATE NET PERIODIC BENEFIT COSTS (Tables)	6 Months Ended
	Jun. 30, 2016
Compensation and Retirement Disclosure [Abstract]
Components of net periodic benefit costs	The components of net periodic expense for the Corporation’s pension and other benefit plans for the periods indicated are as follows (in thousands): Three Months Ended Six Months Ended 2016 2015 2016 2015 Qualified Pension Plan Service cost, benefits earned during the period $ 298 $ 353 $ 594 $ 707 Interest cost on projected benefit obligation 470 457 940 914 Expected return on plan assets (756 ) (824 ) (1,511 ) (1,647 ) Amortization of unrecognized transition obligation — — — — Amortization of unrecognized prior service cost 2 3 4 5 Amortization of unrecognized net loss 383 369 767 737 Net periodic pension cost $ 397 $ 358 $ 794 $ 716 Supplemental Pension Plan Service cost, benefits earned during the period $ 10 $ 11 $ 21 $ 22 Interest cost on projected benefit obligation 13 12 26 24 Expected return on plan assets — — — — Amortization of unrecognized prior service cost — — — — Amortization of unrecognized net loss 7 13 13 26 Net periodic supplemental pension cost $ 30 $ 36 $ 60 $ 72 Postretirement Plan, Medical and Life Service cost, benefits earned during the period $ 12 $ 12 $ 24 $ 24 Interest cost on projected benefit obligation 18 16 35 32 Expected return on plan assets — — — — Amortization of unrecognized prior service cost (25 ) (24 ) (49 ) (48 ) Amortization of unrecognized net loss 6 2 12 4 Net periodic postretirement, medical and life cost $ 11 $ 6 $ 22 $ 12

SEGMENT REPORTING (Tables)

SEGMENT REPORTING (Tables)	6 Months Ended
	Jun. 30, 2016
Segment Reporting [Abstract]
Summarized financial information showing reconciliation of segment net income loss and assets to consolidated results	Accounting policies for the segments are the same as those described in Note 1 of the Corporation’s 2015 Annual Report on Form 10-K, which was filed with the SEC on March 11, 2016. Summarized financial information concerning the Corporation’s reportable segments and the reconciliation to the Corporation’s consolidated results are shown in the following table. Income taxes are allocated based on the separate taxable income of each entity and indirect overhead expenses are allocated based on reasonable and equitable allocations applicable to the reportable segment. CFS amounts are the primary differences between segment amounts and consolidated totals, and are reflected in the Holding Company, CFS, and CRM column below, along with amounts to eliminate transactions between those segments (in thousands). CRM was formed during the second quarter of 2016, therefore, is not included within prior year comparative information. Three months ended June 30, 2016 Core Banking WMG Holding Company, CFS, and CRM Consolidated Totals Interest and dividend income $ 13,922 $ — $ 3 $ 13,925 Interest expense 957 — — 957 Net interest income 12,965 — 3 12,968 Provision for loan losses 388 — — 388 Net interest income after provision for loan losses 12,577 — 3 12,580 Other non-interest income 2,860 2,201 155 5,216 Other non-interest expenses 13,665 1,569 336 15,570 Income (loss) before income tax expense (benefit) 1,772 632 (178 ) 2,226 Income tax expense (benefit) 447 239 (81 ) 605 Segment net income $ 1,325 $ 393 $ (97 ) $ 1,621 Three months ended June 30, 2015 Core Banking WMG Holding Company and CFS Consolidated Totals Interest and dividend income $ 13,519 $ — $ — $ 13,519 Interest expense 872 — — 872 Net interest income 12,647 — — 12,647 Provision for loan losses 259 — — 259 Net interest income after provision for loan losses 12,388 — — 12,388 Other non-interest income 2,925 2,198 203 5,326 Other non-interest expenses 12,127 1,390 306 13,823 Income (loss) before income tax expense (benefit) 3,186 808 (103 ) 3,891 Income tax expense (benefit) 1,048 321 (55 ) 1,314 Segment net income (loss) $ 2,138 $ 487 $ (48 ) $ 2,577 Six months ended June 30, 2016 Core Banking WMG Holding Company, CFS, and CRM Consolidated Totals Interest and dividend income $ 27,871 $ — $ 3 $ 27,874 Interest expense 1,881 — — 1,881 Net interest income 25,990 — 3 25,993 Provision for loan losses 983 — — 983 Net interest income after provision for loan losses 25,007 — 3 25,010 Other non-interest income 6,276 4,213 328 10,817 Other non-interest expenses 25,917 2,958 703 29,578 Income (loss) before income tax expense (benefit) 5,366 1,255 (372 ) 6,249 Income tax expense (benefit) 1,617 474 (170 ) 1,921 Segment net income (loss) $ 3,749 $ 781 $ (202 ) $ 4,328 Segment assets $ 1,676,475 $ 4,539 $ 2,918 $ 1,683,932 Six months ended June 30, 2015 Core Banking WMG Holding Company And CFS Consolidated Totals Interest and dividend income $ 26,750 $ — $ 3 $ 26,753 Interest expense 1,764 — — 1,764 Net interest income 24,986 — 3 24,989 Provision for loan losses 649 — — 649 Net interest income after provision for loan losses 24,337 — 3 24,340 Other non-interest income 5,639 4,324 549 10,512 Other non-interest expenses 24,275 2,694 590 27,559 Income (loss) before income tax expense (benefit) 5,701 1,630 (38 ) 7,293 Income tax expense (benefit) 1,863 623 (46 ) 2,440 Segment net income $ 3,838 $ 1,007 $ 8 $ 4,853 Segment assets $ 1,547,854 $ 4,552 $ 1,227 $ 1,553,633

STOCK COMPENSATION (Tables)

STOCK COMPENSATION (Tables)	6 Months Ended
	Jun. 30, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Summary of restricted stock activity	A summary of restricted stock activity for the three month period ended June 30, 2016 is presented below: Shares Weighted–Average Grant Date Fair Value Nonvested at April 1, 2016 22,154 $ 28.12 Granted — — Vested — — Forfeited or cancelled — — Nonvested at June 30, 2016 22,154 $ 28.12 A summary of restricted stock activity for the six month period ended June 30, 2016 is presented below: Shares Weighted–Average Grant Date Fair Value Nonvested at January 1, 2016 22,569 $ 28.09 Granted — — Vested (415 ) 26.59 Forfeited or cancelled — — Nonvested at June 30, 2016 22,154 $ 28.12

EARNING PER COMMON SHARE (Detai

EARNING PER COMMON SHARE (Details) - shares	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Earnings Per Share [Abstract]
Weighted average number of shares outstanding (shares)	4,760,000	4,717,000	4,754,000	4,712,000
Dilutive common stock equivalents (shares)	0	0	0	0

SECURITIES - Securities Availab

SECURITIES - Securities Available for Sale (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015
Amortized cost and estimated fair value of securities available for sale [Abstract]
Amortized Cost	$ 295,213		$ 295,213		$ 344,480
Unrealized Gains	5,065		5,065		2,104
Unrealized Losses	1		1		1,764
Estimated Fair Value	300,277		300,277		344,820
Amortized Cost [Abstract]
Within one year	42,624		42,624
After one, but within five years	58,008		58,008
After five, but within ten years	10,009		10,009
After ten years	0		0
Total	110,641		110,641
Total	294,929		294,929
Fair Value [Abstract]
Within one year	42,828		42,828
After one, but within five years	59,164		59,164
After five, but within ten years	10,490		10,490
After ten years	0		0
Total	112,482		112,482
Total	299,808		299,808
Proceeds from sales and calls of securities resulting in gains or losses [Abstract]
Proceeds	0	$ 54,268	15,422	$ 54,319
Gross gains	0	252	908	302
Tax expense	0	$ 97	343	$ 116
Obligations of U.S. Government and U.S. Government Sponsored Enterprises [Member]
Amortized cost and estimated fair value of securities available for sale [Abstract]
Amortized Cost	69,651		69,651		99,430
Unrealized Gains	680		680		752
Unrealized Losses	0		0		16
Estimated Fair Value	70,331		70,331		100,166
Mortgage-Backed Securities, Residential [Member]
Amortized cost and estimated fair value of securities available for sale [Abstract]
Amortized Cost	183,682		183,682		199,680
Unrealized Gains	3,035		3,035		427
Unrealized Losses	0		0		1,741
Estimated Fair Value	186,717		186,717		198,366
Amortized Cost [Abstract]
Without Single Maturity Date	183,682		183,682
Fair Value [Abstract]
Without Single Maturity Date	186,717		186,717
Obligations of States and Political Subdivisions [Member]
Amortized cost and estimated fair value of securities available for sale [Abstract]
Amortized Cost	40,242		40,242		43,695
Unrealized Gains	1,153		1,153		737
Unrealized Losses	0		0		6
Estimated Fair Value	41,395		41,395		44,426
Corporate Bonds and Notes [Member]
Amortized cost and estimated fair value of securities available for sale [Abstract]
Amortized Cost	748		748		747
Unrealized Gains	8		8		5
Unrealized Losses	0		0		0
Estimated Fair Value	756		756		752
SBA Loans Pools [Member]
Amortized cost and estimated fair value of securities available for sale [Abstract]
Amortized Cost	606		606		643
Unrealized Gains	4		4		5
Unrealized Losses	1		1		1
Estimated Fair Value	609		609		647
Amortized Cost [Abstract]
Without Single Maturity Date	606		606
Fair Value [Abstract]
Without Single Maturity Date	609		609
Corporate Stocks [Member]
Amortized cost and estimated fair value of securities available for sale [Abstract]
Amortized Cost	284		284		285
Unrealized Gains	185		185		178
Unrealized Losses	0		0		0
Estimated Fair Value	$ 469		$ 469		$ 463

SECURITIES - Securities Held to

SECURITIES - Securities Held to Maturity (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Amortized cost and estimated fair value of securities held to maturity [Abstract]
Amortized Cost	$ 3,518	$ 4,566
Unrealized Gains	275	256
Unrealized Losses	0	0
Securities held to maturity	3,793	4,822
Amortized Cost [Abstract]
Within one year	1,300
After one, but within five years	2,037
After five, but within ten years	181
After ten years	0
Total	3,518
Amortized Cost	3,518	4,566
Fair Value [Abstract]
Within one year	1,315
After one, but within five years	2,267
After five, but within ten years	211
After ten years	0
Total	3,793
Fair Value	3,793	4,822
Obligations of States and Political Subdivisions [Member]
Amortized cost and estimated fair value of securities held to maturity [Abstract]
Amortized Cost	3,518	4,566
Unrealized Gains	275	256
Unrealized Losses	0	0
Securities held to maturity	3,793	4,822
Amortized Cost [Abstract]
Amortized Cost	3,518	4,566
Fair Value [Abstract]
Fair Value	3,793	$ 4,822
Mortgage-Backed Securities, Residential [Member]
Amortized Cost [Abstract]
Without Single Maturity Date	0
Fair Value [Abstract]
Without Single Maturity Date	0
SBA Loans Pools [Member]
Amortized Cost [Abstract]
Without Single Maturity Date	0
Fair Value [Abstract]
Without Single Maturity Date	$ 0

SECURITIES - Investment Securit

SECURITIES - Investment Securities Available for Sale in Continuous Unrealized Loss Position (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Available-for-sale securities in a continuous unrealized loss position, fair value [Abstract]
Less than 12 months	$ 0	$ 195,983
12 months or longer	238	843
Total	238	196,826
Available-for-sale securities in a continuous unrealized loss position, unrealized losses [Abstract]
Less than 12 months	0	1,761
12 months or longer	1	3
Total	1	1,764
Obligations of U.S. Government and U.S. Government sponsored enterprises [Member]
Available-for-sale securities in a continuous unrealized loss position, fair value [Abstract]
Less than 12 months		15,169
12 months or longer		0
Total		15,169
Available-for-sale securities in a continuous unrealized loss position, unrealized losses [Abstract]
Less than 12 months		16
12 months or longer		0
Total		16
Mortgage-Backed Securities, Residential [Member]
Available-for-sale securities in a continuous unrealized loss position, fair value [Abstract]
Less than 12 months		177,058
12 months or longer		0
Total		177,058
Available-for-sale securities in a continuous unrealized loss position, unrealized losses [Abstract]
Less than 12 months		1,741
12 months or longer		0
Total		1,741
Obligations of States and Political Subdivisions [Member]
Available-for-sale securities in a continuous unrealized loss position, fair value [Abstract]
Less than 12 months		3,756
12 months or longer		592
Total		4,348
Available-for-sale securities in a continuous unrealized loss position, unrealized losses [Abstract]
Less than 12 months		4
12 months or longer		2
Total		6
SBA Loans Pools [Member]
Available-for-sale securities in a continuous unrealized loss position, fair value [Abstract]
Less than 12 months	0	0
12 months or longer	238	251
Total	238	251
Available-for-sale securities in a continuous unrealized loss position, unrealized losses [Abstract]
Less than 12 months	0	0
12 months or longer	1	1
Total	$ 1	$ 1

LOANS AND ALLOWANCE FOR LOAN 36

LOANS AND ALLOWANCE FOR LOAN LOSSES (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Composition of loan portfolio [Abstract]
Total loans, net of deferred origination fees and costs	$ 1,201,156	$ 1,168,633
Interest receivable on loans	2,964	2,870
Total recorded investment in loans	1,204,120	1,171,503
Commercial and Agricultural [Member]
Composition of loan portfolio [Abstract]
Total recorded investment in loans	191,531	193,700
Commercial Mortgages [Member]
Composition of loan portfolio [Abstract]
Total recorded investment in loans	553,154	507,700
Commercial Mortgages [Member] | Construction [Member]
Composition of loan portfolio [Abstract]
Total loans, net of deferred origination fees and costs	40,937	41,131
Total recorded investment in loans	41,037	41,231
Commercial Mortgages [Member] | Commercial Mortgages Other [Member]
Composition of loan portfolio [Abstract]
Total loans, net of deferred origination fees and costs	510,871	465,347
Total recorded investment in loans	512,117	466,469
Residential Mortgages [Member]
Composition of loan portfolio [Abstract]
Total loans, net of deferred origination fees and costs	196,200	195,778
Total recorded investment in loans	196,699	196,236
Consumer Loans [Member]
Composition of loan portfolio [Abstract]
Total recorded investment in loans	262,736	273,867
Consumer Loans [Member] | Credit Cards [Member]
Composition of loan portfolio [Abstract]
Total loans, net of deferred origination fees and costs	1,338	1,483
Total recorded investment in loans	1,338	1,483
Consumer Loans [Member] | Home Equity Lines and Loans [Member]
Composition of loan portfolio [Abstract]
Total loans, net of deferred origination fees and costs	98,758	101,726
Total recorded investment in loans	99,013	101,976
Consumer Loans [Member] | Indirect Consumer Loans [Member]
Composition of loan portfolio [Abstract]
Total loans, net of deferred origination fees and costs	144,014	151,327
Total recorded investment in loans	144,347	151,726
Consumer Loans [Member] | Direct Consumer Loans [Member]
Composition of loan portfolio [Abstract]
Total loans, net of deferred origination fees and costs	17,972	18,608
Total recorded investment in loans	18,038	18,682
Commercial and Industrial Sector [Member] | Commercial and Agricultural [Member]
Composition of loan portfolio [Abstract]
Total loans, net of deferred origination fees and costs	189,913	192,197
Total recorded investment in loans	190,376	192,661
Agricultural Sector [Member] | Commercial and Agricultural [Member]
Composition of loan portfolio [Abstract]
Total loans, net of deferred origination fees and costs	1,153	1,036
Total recorded investment in loans	$ 1,155	$ 1,039

LOANS AND ALLOWANCE FOR LOAN 37

LOANS AND ALLOWANCE FOR LOAN LOSSES - Allowances (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Dec. 31, 2015
Allowance for loan losses, by portfolio segment [Roll Forward]
Beginning balance	$ 14,527	$ 13,892	$ 14,260	$ 13,686
Charge-offs	(339)	(283)	(790)	(673)
Recoveries	92	160	215	366
Net recoveries (charge-offs)	(247)	(123)	(575)	(307)
Provision	388	259	983	649
Ending balance	14,668	14,028	14,668	14,028
Ending allowance balance attributable to loans [Abstract]
Individually evaluated for impairment					$ 1,650	$ 1,566
Collectively evaluated for impairment					12,934	12,595
Total ending allowance balance	14,527	13,892	14,260	13,686	14,668	14,260
Loans [Abstract]
Loans individually evaluated for impairment					13,630	14,980
Loans collectively evaluated for impairment					1,188,615	1,154,428
Total ending loans balance					1,204,120	1,171,503
Loans Acquired with Deteriorated Credit Quality [Member]
Allowance for loan losses, by portfolio segment [Roll Forward]
Beginning balance			99
Ending balance	84		84
Ending allowance balance attributable to loans [Abstract]
Total ending allowance balance	84		99		84	99
Loans [Abstract]
Total ending loans balance					1,875	2,095
Commercial and Agricultural [Member]
Allowance for loan losses, by portfolio segment [Roll Forward]
Beginning balance	1,795	1,671	1,831	1,460
Charge-offs	(9)	0	(17)	0
Recoveries	18	23	50	38
Net recoveries (charge-offs)	9	23	33	38
Provision	(33)	131	(93)	327
Ending balance	1,771	1,825	1,771	1,825
Ending allowance balance attributable to loans [Abstract]
Individually evaluated for impairment					0	8
Collectively evaluated for impairment					1,771	1,823
Total ending allowance balance	1,795	1,671	1,831	1,460	1,771	1,831
Loans [Abstract]
Loans individually evaluated for impairment					1,054	1,498
Loans collectively evaluated for impairment					190,477	192,202
Total ending loans balance					191,531	193,700
Commercial and Agricultural [Member] | Loans Acquired with Deteriorated Credit Quality [Member]
Allowance for loan losses, by portfolio segment [Roll Forward]
Beginning balance			0
Ending balance	0		0
Ending allowance balance attributable to loans [Abstract]
Total ending allowance balance	0		0		0	0
Loans [Abstract]
Total ending loans balance					0	0
Commercial Mortgages [Member]
Allowance for loan losses, by portfolio segment [Roll Forward]
Beginning balance	7,532	6,530	7,112	6,326
Charge-offs	0	(28)	0	(28)
Recoveries	2	17	9	84
Net recoveries (charge-offs)	2	(11)	9	56
Provision	220	106	633	243
Ending balance	7,754	6,625	7,754	6,625
Ending allowance balance attributable to loans [Abstract]
Individually evaluated for impairment					1,528	1,481
Collectively evaluated for impairment					6,167	5,572
Total ending allowance balance	7,532	6,530	7,112	6,326	7,754	7,112
Loans [Abstract]
Loans individually evaluated for impairment					11,626	12,773
Loans collectively evaluated for impairment					539,746	493,102
Total ending loans balance					553,154	507,700
Commercial Mortgages [Member] | Loans Acquired with Deteriorated Credit Quality [Member]
Allowance for loan losses, by portfolio segment [Roll Forward]
Beginning balance			59
Ending balance	59		59
Ending allowance balance attributable to loans [Abstract]
Total ending allowance balance	59		59		59	59
Loans [Abstract]
Total ending loans balance					1,782	1,825
Residential Mortgages [Member]
Allowance for loan losses, by portfolio segment [Roll Forward]
Beginning balance	1,482	1,594	1,464	1,572
Charge-offs	(58)	(10)	(58)	(32)
Recoveries	0	0	0	0
Net recoveries (charge-offs)	(58)	(10)	(58)	(32)
Provision	80	(39)	98	5
Ending balance	1,504	1,545	1,504	1,545
Ending allowance balance attributable to loans [Abstract]
Individually evaluated for impairment					0	0
Collectively evaluated for impairment					1,479	1,424
Total ending allowance balance	1,482	1,594	1,464	1,572	1,504	1,464
Loans [Abstract]
Loans individually evaluated for impairment					486	235
Loans collectively evaluated for impairment					196,120	195,731
Total ending loans balance					196,699	196,236
Residential Mortgages [Member] | Loans Acquired with Deteriorated Credit Quality [Member]
Allowance for loan losses, by portfolio segment [Roll Forward]
Beginning balance			40
Ending balance	25		25
Ending allowance balance attributable to loans [Abstract]
Total ending allowance balance	25		40		25	40
Loans [Abstract]
Total ending loans balance					93	270
Consumer Loans [Member]
Allowance for loan losses, by portfolio segment [Roll Forward]
Beginning balance	3,718	4,097	3,853	4,328
Charge-offs	(272)	(245)	(715)	(613)
Recoveries	72	120	156	244
Net recoveries (charge-offs)	(200)	(125)	(559)	(369)
Provision	121	61	345	74
Ending balance	3,639	4,033	3,639	4,033
Ending allowance balance attributable to loans [Abstract]
Individually evaluated for impairment					122	77
Collectively evaluated for impairment					3,517	3,776
Total ending allowance balance	3,718	$ 4,097	3,853	$ 4,328	3,639	3,853
Loans [Abstract]
Loans individually evaluated for impairment					464	474
Loans collectively evaluated for impairment					262,272	273,393
Total ending loans balance					262,736	273,867
Consumer Loans [Member] | Loans Acquired with Deteriorated Credit Quality [Member]
Allowance for loan losses, by portfolio segment [Roll Forward]
Beginning balance			0
Ending balance	0		0
Ending allowance balance attributable to loans [Abstract]
Total ending allowance balance	$ 0		$ 0		0	0
Loans [Abstract]
Total ending loans balance					$ 0	$ 0

LOANS AND ALLOWANCE FOR LOAN 38

LOANS AND ALLOWANCE FOR LOAN LOSSES - Impaired Loans (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015
Unpaid Principal Balance [Abstract]
Unpaid Principal Balance, Total	$ 13,658		$ 13,658		$ 15,014
Recorded Investment [Abstract]
Recorded Investment, Total	13,630		13,630		14,980
Allowance for Loan Losses Allocated	1,650		1,650		1,566
Average Recorded Investment [Abstract]
Average Recorded Investment, Total	13,932	$ 15,888	14,282	$ 13
Interest Income, Accrual Method [Abstract]
Interest Income, Accrual Method, Total	77	115	161	251
Commercial Mortgages [Member] | Construction [Member]
Unpaid Principal Balance [Abstract]
With no related allowance, Unpaid Principal Balance	333		333		349
Recorded Investment [Abstract]
With no related allowance, Recorded Investment	334		334		350
Average Recorded Investment [Abstract]
With no related allowance, Average Recorded Investment	340	1,172	343	1,418
Interest Income, Accrual Method [Abstract]
With no related allowance, Interest Income, Accrual Method	3	4	7	29
Commercial Mortgages [Member] | Commercial Mortgages other [Member]
Unpaid Principal Balance [Abstract]
With no related allowance, Unpaid Principal Balance	6,220		6,220		7,551
With related allowance, Unpaid Principal Balance	5,108		5,108		4,913
Recorded Investment [Abstract]
With no related allowance, Recorded Investment	6,251		6,251		7,577
With related allowance, Recorded Investment	5,041		5,041		4,846
Allowance for Loan Losses Allocated	1,528		1,528		1,481
Average Recorded Investment [Abstract]
With no related allowance, Average Recorded Investment	6,733	7,636	7,014	7,660
With related allowance, Average Recorded Investment	4,942	4,611	4,910	4,438
Interest Income, Accrual Method [Abstract]
With no related allowance, Interest Income, Accrual Method	59	63	121	126
With related allowance, Interest Income, Accrual Method	1	24	3	47
Residential Mortgages [Member]
Unpaid Principal Balance [Abstract]
With no related allowance, Unpaid Principal Balance	485		485		234
Recorded Investment [Abstract]
With no related allowance, Recorded Investment	486		486		235
Average Recorded Investment [Abstract]
With no related allowance, Average Recorded Investment	399	246	344	249
Interest Income, Accrual Method [Abstract]
With no related allowance, Interest Income, Accrual Method	1	1	1	2
Consumer Loans [Member] | Home Equity Lines and Loans [Member]
Unpaid Principal Balance [Abstract]
With no related allowance, Unpaid Principal Balance	101		101		107
With related allowance, Unpaid Principal Balance	361		361		364
Recorded Investment [Abstract]
With no related allowance, Recorded Investment	103		103		108
With related allowance, Recorded Investment	361		361		366
Allowance for Loan Losses Allocated	122		122		77
Average Recorded Investment [Abstract]
With no related allowance, Average Recorded Investment	104	482	105	465
With related allowance, Average Recorded Investment	362	0	363	18
Interest Income, Accrual Method [Abstract]
With no related allowance, Interest Income, Accrual Method	1	6	3	12
With related allowance, Interest Income, Accrual Method	0	0	0	0
Commercial and Industrial Sector [Member] | Commercial and Agricultural [Member]
Unpaid Principal Balance [Abstract]
With no related allowance, Unpaid Principal Balance	1,050		1,050		1,487
With related allowance, Unpaid Principal Balance	0		0		9
Recorded Investment [Abstract]
With no related allowance, Recorded Investment	1,054		1,054		1,489
With related allowance, Recorded Investment	0		0		9
Allowance for Loan Losses Allocated	0		0		$ 8
Average Recorded Investment [Abstract]
With no related allowance, Average Recorded Investment	1,048	1,467	1,195	1,433
With related allowance, Average Recorded Investment	4	274	6	212
Interest Income, Accrual Method [Abstract]
With no related allowance, Interest Income, Accrual Method	12	17	25	32
With related allowance, Interest Income, Accrual Method	$ 0	$ 0	$ 0	$ 3

LOANS AND ALLOWANCE FOR LOAN 39

LOANS AND ALLOWANCE FOR LOAN LOSSES - Receivabels Past Due (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2016USD ($)loan	Dec. 31, 2015USD ($)
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non-accrual	$ 12,429	$ 12,232
Loans Past Due 90 Days or More and Still Accruing	$ 2,291	18
Number of Loans | loan	2
Aging of the recorded investment in loans past due [Abstract]
Past Due	$ 20,329	18,479
Loans Not Past Due	1,181,916	1,150,929
Total ending loans balance	1,204,120	1,171,503
30 to 59 Days Past Due [Member]
Aging of the recorded investment in loans past due [Abstract]
Past Due	5,463	9,793
60 to 89 Days Past Due [Member]
Aging of the recorded investment in loans past due [Abstract]
Past Due	6,517	1,012
90 Days or More Past Due [Member]
Aging of the recorded investment in loans past due [Abstract]
Past Due	8,348	7,674
Loans Acquired with Deteriorated Credit Quality [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non-accrual	1,875	2,095
Aging of the recorded investment in loans past due [Abstract]
Total ending loans balance	$ 1,875	2,095
Commercial Mortgages Other [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Number of Loans | loan	2
Commercial and Agricultural [Member]
Aging of the recorded investment in loans past due [Abstract]
Total ending loans balance	$ 191,531	193,700
Commercial and Agricultural [Member] | Loans Acquired with Deteriorated Credit Quality [Member]
Aging of the recorded investment in loans past due [Abstract]
Total ending loans balance	0	0
Commercial Mortgages [Member]
Aging of the recorded investment in loans past due [Abstract]
Total ending loans balance	553,154	507,700
Commercial Mortgages [Member] | Loans Acquired with Deteriorated Credit Quality [Member]
Aging of the recorded investment in loans past due [Abstract]
Total ending loans balance	1,782	1,825
Commercial Mortgages [Member] | Construction [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non-accrual	61	63
Loans Past Due 90 Days or More and Still Accruing	0	0
Aging of the recorded investment in loans past due [Abstract]
Past Due	1,104	0
Loans Not Past Due	39,933	41,231
Total ending loans balance	41,037	41,231
Commercial Mortgages [Member] | Construction [Member] | 30 to 59 Days Past Due [Member]
Aging of the recorded investment in loans past due [Abstract]
Past Due	1,104	0
Commercial Mortgages [Member] | Construction [Member] | 60 to 89 Days Past Due [Member]
Aging of the recorded investment in loans past due [Abstract]
Past Due	0	0
Commercial Mortgages [Member] | Construction [Member] | 90 Days or More Past Due [Member]
Aging of the recorded investment in loans past due [Abstract]
Past Due	0	0
Commercial Mortgages [Member] | Construction [Member] | Loans Acquired with Deteriorated Credit Quality [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non-accrual	0	0
Aging of the recorded investment in loans past due [Abstract]
Total ending loans balance	0	0
Commercial Mortgages [Member] | Commercial Mortgages Other [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non-accrual	6,578	7,203
Loans Past Due 90 Days or More and Still Accruing	2,271	0
Aging of the recorded investment in loans past due [Abstract]
Past Due	11,452	9,635
Loans Not Past Due	498,883	455,009
Total ending loans balance	512,117	466,469
Commercial Mortgages [Member] | Commercial Mortgages Other [Member] | 30 to 59 Days Past Due [Member]
Aging of the recorded investment in loans past due [Abstract]
Past Due	553	4,197
Commercial Mortgages [Member] | Commercial Mortgages Other [Member] | 60 to 89 Days Past Due [Member]
Aging of the recorded investment in loans past due [Abstract]
Past Due	5,383	199
Commercial Mortgages [Member] | Commercial Mortgages Other [Member] | 90 Days or More Past Due [Member]
Aging of the recorded investment in loans past due [Abstract]
Past Due	5,516	5,239
Commercial Mortgages [Member] | Commercial Mortgages Other [Member] | Loans Acquired with Deteriorated Credit Quality [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non-accrual	1,782	1,825
Aging of the recorded investment in loans past due [Abstract]
Total ending loans balance	1,782	1,825
Residential Mortgages [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non-accrual	4,132	3,610
Loans Past Due 90 Days or More and Still Accruing	0	0
Aging of the recorded investment in loans past due [Abstract]
Past Due	4,170	5,411
Loans Not Past Due	192,436	190,555
Total ending loans balance	196,699	196,236
Residential Mortgages [Member] | 30 to 59 Days Past Due [Member]
Aging of the recorded investment in loans past due [Abstract]
Past Due	1,585	2,983
Residential Mortgages [Member] | 60 to 89 Days Past Due [Member]
Aging of the recorded investment in loans past due [Abstract]
Past Due	557	725
Residential Mortgages [Member] | 90 Days or More Past Due [Member]
Aging of the recorded investment in loans past due [Abstract]
Past Due	2,027	1,703
Residential Mortgages [Member] | Loans Acquired with Deteriorated Credit Quality [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non-accrual	93	270
Aging of the recorded investment in loans past due [Abstract]
Total ending loans balance	93	270
Consumer Loans [Member]
Aging of the recorded investment in loans past due [Abstract]
Total ending loans balance	262,736	273,867
Consumer Loans [Member] | Loans Acquired with Deteriorated Credit Quality [Member]
Aging of the recorded investment in loans past due [Abstract]
Total ending loans balance	0	0
Consumer Loans [Member] | Credit Cards [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non-accrual	0	0
Loans Past Due 90 Days or More and Still Accruing	12	15
Aging of the recorded investment in loans past due [Abstract]
Past Due	30	49
Loans Not Past Due	1,308	1,434
Total ending loans balance	1,338	1,483
Consumer Loans [Member] | Credit Cards [Member] | 30 to 59 Days Past Due [Member]
Aging of the recorded investment in loans past due [Abstract]
Past Due	17	30
Consumer Loans [Member] | Credit Cards [Member] | 60 to 89 Days Past Due [Member]
Aging of the recorded investment in loans past due [Abstract]
Past Due	1	4
Consumer Loans [Member] | Credit Cards [Member] | 90 Days or More Past Due [Member]
Aging of the recorded investment in loans past due [Abstract]
Past Due	12	15
Consumer Loans [Member] | Credit Cards [Member] | Loans Acquired with Deteriorated Credit Quality [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non-accrual	0	0
Aging of the recorded investment in loans past due [Abstract]
Total ending loans balance	0	0
Consumer Loans [Member] | Home Equity Lines and Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non-accrual	1,286	758
Loans Past Due 90 Days or More and Still Accruing	0	0
Aging of the recorded investment in loans past due [Abstract]
Past Due	1,418	549
Loans Not Past Due	97,595	101,427
Total ending loans balance	99,013	101,976
Consumer Loans [Member] | Home Equity Lines and Loans [Member] | 30 to 59 Days Past Due [Member]
Aging of the recorded investment in loans past due [Abstract]
Past Due	697	233
Consumer Loans [Member] | Home Equity Lines and Loans [Member] | 60 to 89 Days Past Due [Member]
Aging of the recorded investment in loans past due [Abstract]
Past Due	239	77
Consumer Loans [Member] | Home Equity Lines and Loans [Member] | 90 Days or More Past Due [Member]
Aging of the recorded investment in loans past due [Abstract]
Past Due	482	239
Consumer Loans [Member] | Home Equity Lines and Loans [Member] | Loans Acquired with Deteriorated Credit Quality [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non-accrual	0	0
Aging of the recorded investment in loans past due [Abstract]
Total ending loans balance	0	0
Consumer Loans [Member] | Indirect Consumer Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non-accrual	277	542
Loans Past Due 90 Days or More and Still Accruing	0	0
Aging of the recorded investment in loans past due [Abstract]
Past Due	1,708	2,195
Loans Not Past Due	142,639	149,531
Total ending loans balance	144,347	151,726
Consumer Loans [Member] | Indirect Consumer Loans [Member] | 30 to 59 Days Past Due [Member]
Aging of the recorded investment in loans past due [Abstract]
Past Due	1,166	1,744
Consumer Loans [Member] | Indirect Consumer Loans [Member] | 60 to 89 Days Past Due [Member]
Aging of the recorded investment in loans past due [Abstract]
Past Due	303	4
Consumer Loans [Member] | Indirect Consumer Loans [Member] | 90 Days or More Past Due [Member]
Aging of the recorded investment in loans past due [Abstract]
Past Due	238	447
Consumer Loans [Member] | Indirect Consumer Loans [Member] | Loans Acquired with Deteriorated Credit Quality [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non-accrual	0	0
Aging of the recorded investment in loans past due [Abstract]
Total ending loans balance	0	0
Consumer Loans [Member] | Direct Consumer Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non-accrual	40	43
Loans Past Due 90 Days or More and Still Accruing	0	0
Aging of the recorded investment in loans past due [Abstract]
Past Due	106	227
Loans Not Past Due	17,932	18,455
Total ending loans balance	18,038	18,682
Consumer Loans [Member] | Direct Consumer Loans [Member] | 30 to 59 Days Past Due [Member]
Aging of the recorded investment in loans past due [Abstract]
Past Due	65	208
Consumer Loans [Member] | Direct Consumer Loans [Member] | 60 to 89 Days Past Due [Member]
Aging of the recorded investment in loans past due [Abstract]
Past Due	32	0
Consumer Loans [Member] | Direct Consumer Loans [Member] | 90 Days or More Past Due [Member]
Aging of the recorded investment in loans past due [Abstract]
Past Due	10	19
Consumer Loans [Member] | Direct Consumer Loans [Member] | Loans Acquired with Deteriorated Credit Quality [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non-accrual	0	0
Aging of the recorded investment in loans past due [Abstract]
Total ending loans balance	0	0
Commercial and Industrial Sector [Member] | Commercial and Agricultural [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non-accrual	55	13
Loans Past Due 90 Days or More and Still Accruing	8	3
Aging of the recorded investment in loans past due [Abstract]
Past Due	341	413
Loans Not Past Due	190,035	192,248
Total ending loans balance	190,376	192,661
Commercial and Industrial Sector [Member] | Commercial and Agricultural [Member] | 30 to 59 Days Past Due [Member]
Aging of the recorded investment in loans past due [Abstract]
Past Due	276	398
Commercial and Industrial Sector [Member] | Commercial and Agricultural [Member] | 60 to 89 Days Past Due [Member]
Aging of the recorded investment in loans past due [Abstract]
Past Due	$ 2	3
Commercial and Industrial Sector [Member] | Commercial and Agricultural [Member] | 90 Days or More Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Number of Loans | loan	1
Aging of the recorded investment in loans past due [Abstract]
Past Due	$ 63	12
Commercial and Industrial Sector [Member] | Commercial and Agricultural [Member] | Loans Acquired with Deteriorated Credit Quality [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non-accrual	0	0
Aging of the recorded investment in loans past due [Abstract]
Total ending loans balance	0	0
Agricultural Sector [Member] | Commercial and Agricultural [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non-accrual	0	0
Loans Past Due 90 Days or More and Still Accruing	0	0
Aging of the recorded investment in loans past due [Abstract]
Past Due	0	0
Loans Not Past Due	1,155	1,039
Total ending loans balance	1,155	1,039
Agricultural Sector [Member] | Commercial and Agricultural [Member] | 30 to 59 Days Past Due [Member]
Aging of the recorded investment in loans past due [Abstract]
Past Due	0	0
Agricultural Sector [Member] | Commercial and Agricultural [Member] | 60 to 89 Days Past Due [Member]
Aging of the recorded investment in loans past due [Abstract]
Past Due	0	0
Agricultural Sector [Member] | Commercial and Agricultural [Member] | 90 Days or More Past Due [Member]
Aging of the recorded investment in loans past due [Abstract]
Past Due	0	0
Agricultural Sector [Member] | Commercial and Agricultural [Member] | Loans Acquired with Deteriorated Credit Quality [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non-accrual	0	0
Aging of the recorded investment in loans past due [Abstract]
Total ending loans balance	$ 0	$ 0

LOANS AND ALLOWANCE FOR LOAN 40

LOANS AND ALLOWANCE FOR LOAN LOSSES - Troubled Debt Restructuring (Details)	3 Months Ended		6 Months Ended
	Jun. 30, 2016USD ($)loan	Jun. 30, 2015USD ($)loan	Jun. 30, 2016USD ($)loan	Jun. 30, 2015USD ($)loan	Dec. 31, 2015USD ($)
Troubled Debt Restructurings [Abstract]
Recorded investment in troubled debt restructurings	$ 11,300,000		$ 11,300,000		$ 12,000,000
Troubled debt restructuring reserve	1,400,000		1,400,000
Troubled debt restructurings accruing interest under modified terms	6,300,000		6,300,000		7,600,000
Troubled debt restructurings on non-accrual status	5,000,000		5,000,000		$ 4,400,000
Additional amounts committed to customers with loans classified as troubled debt restructurings	100,000		100,000
Additional amounts of interest and past due escrow payments capitalized			4,000
Increase (decrease) in allowance for loan losses (Less than $0.1 million in 2015)	0	$ 100,000	0	$ 100,000
TDR charge-offs	$ 0	$ 0	$ 0	$ 0
Loans by class modified as troubled debt restructurings [Abstract]
Number of Loans | loan	7	1	8	2
Pre-Modification Outstanding Recorded Investment	$ 560,000	$ 110,000	$ 681,000	$ 587,000
Post-Modification Outstanding Recorded Investment	$ 566,000	$ 110,000	$ 691,000	$ 587,000
Number of Loans | loan			2
Recorded Investment			$ 2,120,000
Commercial Mortgages Other [Member]
Loans by class modified as troubled debt restructurings [Abstract]
Number of Loans | loan			2
Recorded Investment			$ 2,120,000
Commercial Mortgages [Member] | Commercial Mortgages Other [Member]
Loans by class modified as troubled debt restructurings [Abstract]
Number of Loans | loan	5	1	5	1
Pre-Modification Outstanding Recorded Investment	$ 312,000	$ 110,000	$ 312,000	$ 110,000
Post-Modification Outstanding Recorded Investment	$ 310,000	$ 110,000	$ 310,000	$ 110,000
Residential Mortgages [Member]
Troubled Debt Restructurings [Abstract]
Troubled Debt Restructuring, Reduction of Interest Rate, Duration			3 years
Loans by class modified as troubled debt restructurings [Abstract]
Number of Loans | loan	1		2
Pre-Modification Outstanding Recorded Investment	$ 174,000		$ 295,000
Post-Modification Outstanding Recorded Investment	$ 182,000		$ 307,000
Consumer Loans [Member] | Home Equity Lines and Loans [Member]
Loans by class modified as troubled debt restructurings [Abstract]
Number of Loans | loan	1		1
Pre-Modification Outstanding Recorded Investment	$ 74,000		$ 74,000
Post-Modification Outstanding Recorded Investment	$ 74,000		$ 74,000
Commercial and Industrial Sector [Member] | Commercial and Agricultural [Member]
Loans by class modified as troubled debt restructurings [Abstract]
Number of Loans | loan				1
Pre-Modification Outstanding Recorded Investment				$ 477,000
Post-Modification Outstanding Recorded Investment				$ 477,000
Extended Maturity [Member] | Commercial Mortgages [Member] | Real Estate Loan [Member]
Troubled Debt Restructurings [Abstract]
Post-Modification number of contracts | loan	1
Loans by class modified as troubled debt restructurings [Abstract]
Number of Loans | loan	5
Extended Maturity [Member] | Residential Mortgages [Member] | Real Estate Loan [Member]
Troubled Debt Restructurings [Abstract]
Extension of the maturity date	13 years
Extended Maturity [Member] | Residential Mortgages [Member] | Home Equity Lines and Loans [Member]
Loans by class modified as troubled debt restructurings [Abstract]
Number of Loans | loan	1

LOANS AND ALLOWANCE FOR LOAN 41

LOANS AND ALLOWANCE FOR LOAN LOSSES - Credit Quality Indicator (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015
Finance receivable by credit quality indicator [Abstract]
Loans	$ 1,204,120		$ 1,204,120		$ 1,171,503
Deteriorated Loans Transferred in [Abstract]
Contractually required principal and interest, opening balance	2,858	$ 2,945	2,912	$ 3,621
Contractually required principal and interest, income accretion	0	0	0	0
Contractually required principal and interest, all other adjustments	(366)	91	(420)	(585)
Contractually required principal and interest, closing balance	2,492	3,036	2,492	3,036
Contractual cash flows not expected to be collected (nonaccretable discount), opening balance	(505)	(595)	(506)	(570)
Contractual cash flows not expected to be collected (nonaccretable discount), income accretion	0	0	0	0
Contractual cash flows not expected to be collected (nonaccretable discount), all other adjustments	131	27	132	2
Contractual cash flows not expected to be collected (nonaccretable discount), closing balance	(374)	(568)	(374)	(568)
Cash flows expected to be collected, opening balance	2,353	2,350	2,406	3,051
Cash flows expected to be collected, income accretion	0	0	0	0
Cash flows expected to be collected, all other adjustments	(235)	118	(288)	(583)
Cash flows expected to be collected, closing balance	2,118	2,468	2,118	2,468
Interest component of expected cash flows (accretable yield), opening balance	(275)	(333)	(311)	(420)
Interest component of expected cash flows (accretable yield), income accretion	33	36	70	99
Interest component of expected cash flows (accretable yield), all other adjustments	(1)	(27)	(2)	(3)
Interest component of expected cash flows (accretable yield), closing balance	(243)	(324)	(243)	(324)
Fair value of loans acquired with deteriorating credit quality, opening balance	2,078	2,017	2,095	2,631
Fair value of loans acquired with deteriorating credit quality, income accretion	33	36	70	99
Fair value of loans acquired with deteriorating credit quality, all other adjustments	(236)	91	(290)	(586)
Fair value of loans acquired with deteriorating credit quality, closing balance	1,875	2,144	1,875	2,144
Loans Acquired with Deteriorated Credit Quality [Member]
Finance receivable by credit quality indicator [Abstract]
Loans	1,875		1,875		2,095
Not Rated [Member]
Finance receivable by credit quality indicator [Abstract]
Loans	453,607		453,607		464,769
Pass [Member]
Finance receivable by credit quality indicator [Abstract]
Loans	711,579		711,579		665,828
Special Mention [Member]
Finance receivable by credit quality indicator [Abstract]
Loans	12,365		12,365		12,496
Substandard [Member]
Finance receivable by credit quality indicator [Abstract]
Loans	20,283		20,283		22,102
Doubtful [Member]
Finance receivable by credit quality indicator [Abstract]
Loans	4,411		4,411		4,213
Commercial and Agricultural [Member]
Finance receivable by credit quality indicator [Abstract]
Loans	191,531		191,531		193,700
Commercial and Agricultural [Member] | Loans Acquired with Deteriorated Credit Quality [Member]
Finance receivable by credit quality indicator [Abstract]
Loans	0		0		0
Commercial Mortgages [Member]
Finance receivable by credit quality indicator [Abstract]
Loans	553,154		553,154		507,700
Commercial Mortgages [Member] | Loans Acquired with Deteriorated Credit Quality [Member]
Finance receivable by credit quality indicator [Abstract]
Loans	1,782		1,782		1,825
Commercial Mortgages [Member] | Construction [Member]
Finance receivable by credit quality indicator [Abstract]
Loans	41,037		41,037		41,231
Commercial Mortgages [Member] | Construction [Member] | Loans Acquired with Deteriorated Credit Quality [Member]
Finance receivable by credit quality indicator [Abstract]
Loans	0		0		0
Commercial Mortgages [Member] | Construction [Member] | Not Rated [Member]
Finance receivable by credit quality indicator [Abstract]
Loans	0		0		0
Commercial Mortgages [Member] | Construction [Member] | Pass [Member]
Finance receivable by credit quality indicator [Abstract]
Loans	39,518		39,518		40,881
Commercial Mortgages [Member] | Construction [Member] | Special Mention [Member]
Finance receivable by credit quality indicator [Abstract]
Loans	1,458		1,458		287
Commercial Mortgages [Member] | Construction [Member] | Substandard [Member]
Finance receivable by credit quality indicator [Abstract]
Loans	61		61		63
Commercial Mortgages [Member] | Construction [Member] | Doubtful [Member]
Finance receivable by credit quality indicator [Abstract]
Loans	0		0		0
Commercial Mortgages [Member] | Commercial Mortgages Other [Member]
Finance receivable by credit quality indicator [Abstract]
Loans	512,117		512,117		466,469
Commercial Mortgages [Member] | Commercial Mortgages Other [Member] | Loans Acquired with Deteriorated Credit Quality [Member]
Finance receivable by credit quality indicator [Abstract]
Loans	1,782		1,782		1,825
Commercial Mortgages [Member] | Commercial Mortgages Other [Member] | Not Rated [Member]
Finance receivable by credit quality indicator [Abstract]
Loans	0		0		0
Commercial Mortgages [Member] | Commercial Mortgages Other [Member] | Pass [Member]
Finance receivable by credit quality indicator [Abstract]
Loans	484,606		484,606		437,549
Commercial Mortgages [Member] | Commercial Mortgages Other [Member] | Special Mention [Member]
Finance receivable by credit quality indicator [Abstract]
Loans	8,364		8,364		8,437
Commercial Mortgages [Member] | Commercial Mortgages Other [Member] | Substandard [Member]
Finance receivable by credit quality indicator [Abstract]
Loans	12,954		12,954		14,454
Commercial Mortgages [Member] | Commercial Mortgages Other [Member] | Doubtful [Member]
Finance receivable by credit quality indicator [Abstract]
Loans	4,411		4,411		4,204
Residential Mortgages [Member]
Finance receivable by credit quality indicator [Abstract]
Loans	196,699		196,699		196,236
Residential and consumer finance receivable [Abstract]
Residential and consumer loans receivable	196,699		196,699		196,236
Residential Mortgages [Member] | Loans Acquired with Deteriorated Credit Quality [Member]
Finance receivable by credit quality indicator [Abstract]
Loans	93		93		270
Residential Mortgages [Member] | Performing [Member]
Residential and consumer finance receivable [Abstract]
Residential and consumer loans receivable	192,567		192,567		192,626
Residential Mortgages [Member] | Non-Performing [Member]
Residential and consumer finance receivable [Abstract]
Residential and consumer loans receivable	4,132		4,132		3,610
Residential Mortgages [Member] | Not Rated [Member]
Finance receivable by credit quality indicator [Abstract]
Loans	192,474		192,474		192,245
Residential Mortgages [Member] | Pass [Member]
Finance receivable by credit quality indicator [Abstract]
Loans	0		0		0
Residential Mortgages [Member] | Special Mention [Member]
Finance receivable by credit quality indicator [Abstract]
Loans	0		0		0
Residential Mortgages [Member] | Substandard [Member]
Finance receivable by credit quality indicator [Abstract]
Loans	4,132		4,132		3,721
Residential Mortgages [Member] | Doubtful [Member]
Finance receivable by credit quality indicator [Abstract]
Loans	0		0		0
Consumer Loans [Member]
Finance receivable by credit quality indicator [Abstract]
Loans	262,736		262,736		273,867
Consumer Loans [Member] | Loans Acquired with Deteriorated Credit Quality [Member]
Finance receivable by credit quality indicator [Abstract]
Loans	0		0		0
Consumer Loans [Member] | Credit Cards [Member]
Finance receivable by credit quality indicator [Abstract]
Loans	1,338		1,338		1,483
Residential and consumer finance receivable [Abstract]
Residential and consumer loans receivable	1,338		1,338		1,483
Consumer Loans [Member] | Credit Cards [Member] | Loans Acquired with Deteriorated Credit Quality [Member]
Finance receivable by credit quality indicator [Abstract]
Loans	0		0		0
Consumer Loans [Member] | Credit Cards [Member] | Performing [Member]
Residential and consumer finance receivable [Abstract]
Residential and consumer loans receivable	1,338		1,338		1,483
Consumer Loans [Member] | Credit Cards [Member] | Non-Performing [Member]
Residential and consumer finance receivable [Abstract]
Residential and consumer loans receivable	0		0		0
Consumer Loans [Member] | Credit Cards [Member] | Not Rated [Member]
Finance receivable by credit quality indicator [Abstract]
Loans	1,338		1,338		1,483
Consumer Loans [Member] | Credit Cards [Member] | Pass [Member]
Finance receivable by credit quality indicator [Abstract]
Loans	0		0		0
Consumer Loans [Member] | Credit Cards [Member] | Special Mention [Member]
Finance receivable by credit quality indicator [Abstract]
Loans	0		0		0
Consumer Loans [Member] | Credit Cards [Member] | Substandard [Member]
Finance receivable by credit quality indicator [Abstract]
Loans	0		0		0
Consumer Loans [Member] | Credit Cards [Member] | Doubtful [Member]
Finance receivable by credit quality indicator [Abstract]
Loans	0		0		0
Consumer Loans [Member] | Home Equity Lines and Loans [Member]
Finance receivable by credit quality indicator [Abstract]
Loans	99,013		99,013		101,976
Residential and consumer finance receivable [Abstract]
Residential and consumer loans receivable	99,013		99,013		101,976
Consumer Loans [Member] | Home Equity Lines and Loans [Member] | Loans Acquired with Deteriorated Credit Quality [Member]
Finance receivable by credit quality indicator [Abstract]
Loans	0		0		0
Consumer Loans [Member] | Home Equity Lines and Loans [Member] | Performing [Member]
Residential and consumer finance receivable [Abstract]
Residential and consumer loans receivable	97,727		97,727		101,218
Consumer Loans [Member] | Home Equity Lines and Loans [Member] | Non-Performing [Member]
Residential and consumer finance receivable [Abstract]
Residential and consumer loans receivable	1,286		1,286		758
Consumer Loans [Member] | Home Equity Lines and Loans [Member] | Not Rated [Member]
Finance receivable by credit quality indicator [Abstract]
Loans	97,727		97,727		101,218
Consumer Loans [Member] | Home Equity Lines and Loans [Member] | Pass [Member]
Finance receivable by credit quality indicator [Abstract]
Loans	0		0		0
Consumer Loans [Member] | Home Equity Lines and Loans [Member] | Special Mention [Member]
Finance receivable by credit quality indicator [Abstract]
Loans	0		0		0
Consumer Loans [Member] | Home Equity Lines and Loans [Member] | Substandard [Member]
Finance receivable by credit quality indicator [Abstract]
Loans	1,286		1,286		758
Consumer Loans [Member] | Home Equity Lines and Loans [Member] | Doubtful [Member]
Finance receivable by credit quality indicator [Abstract]
Loans	0		0		0
Consumer Loans [Member] | Indirect Consumer Loans [Member]
Finance receivable by credit quality indicator [Abstract]
Loans	144,347		144,347		151,726
Residential and consumer finance receivable [Abstract]
Residential and consumer loans receivable	144,347		144,347		151,726
Consumer Loans [Member] | Indirect Consumer Loans [Member] | Loans Acquired with Deteriorated Credit Quality [Member]
Finance receivable by credit quality indicator [Abstract]
Loans	0		0		0
Consumer Loans [Member] | Indirect Consumer Loans [Member] | Performing [Member]
Residential and consumer finance receivable [Abstract]
Residential and consumer loans receivable	144,070		144,070		151,184
Consumer Loans [Member] | Indirect Consumer Loans [Member] | Non-Performing [Member]
Residential and consumer finance receivable [Abstract]
Residential and consumer loans receivable	277		277		542
Consumer Loans [Member] | Indirect Consumer Loans [Member] | Not Rated [Member]
Finance receivable by credit quality indicator [Abstract]
Loans	144,070		144,070		151,184
Consumer Loans [Member] | Indirect Consumer Loans [Member] | Pass [Member]
Finance receivable by credit quality indicator [Abstract]
Loans	0		0		0
Consumer Loans [Member] | Indirect Consumer Loans [Member] | Special Mention [Member]
Finance receivable by credit quality indicator [Abstract]
Loans	0		0		0
Consumer Loans [Member] | Indirect Consumer Loans [Member] | Substandard [Member]
Finance receivable by credit quality indicator [Abstract]
Loans	277		277		542
Consumer Loans [Member] | Indirect Consumer Loans [Member] | Doubtful [Member]
Finance receivable by credit quality indicator [Abstract]
Loans	0		0		0
Consumer Loans [Member] | Direct Consumer Loans [Member]
Finance receivable by credit quality indicator [Abstract]
Loans	18,038		18,038		18,682
Residential and consumer finance receivable [Abstract]
Residential and consumer loans receivable	18,038		18,038		18,682
Consumer Loans [Member] | Direct Consumer Loans [Member] | Loans Acquired with Deteriorated Credit Quality [Member]
Finance receivable by credit quality indicator [Abstract]
Loans	0		0		0
Consumer Loans [Member] | Direct Consumer Loans [Member] | Performing [Member]
Residential and consumer finance receivable [Abstract]
Residential and consumer loans receivable	17,998		17,998		18,639
Consumer Loans [Member] | Direct Consumer Loans [Member] | Non-Performing [Member]
Residential and consumer finance receivable [Abstract]
Residential and consumer loans receivable	40		40		43
Consumer Loans [Member] | Direct Consumer Loans [Member] | Not Rated [Member]
Finance receivable by credit quality indicator [Abstract]
Loans	17,998		17,998		18,639
Consumer Loans [Member] | Direct Consumer Loans [Member] | Pass [Member]
Finance receivable by credit quality indicator [Abstract]
Loans	0		0		0
Consumer Loans [Member] | Direct Consumer Loans [Member] | Special Mention [Member]
Finance receivable by credit quality indicator [Abstract]
Loans	0		0		0
Consumer Loans [Member] | Direct Consumer Loans [Member] | Substandard [Member]
Finance receivable by credit quality indicator [Abstract]
Loans	40		40		43
Consumer Loans [Member] | Direct Consumer Loans [Member] | Doubtful [Member]
Finance receivable by credit quality indicator [Abstract]
Loans	0		0		0
Commercial and Industrial Sector [Member] | Commercial and Agricultural [Member]
Finance receivable by credit quality indicator [Abstract]
Loans	190,376		190,376		192,661
Commercial and Industrial Sector [Member] | Commercial and Agricultural [Member] | Loans Acquired with Deteriorated Credit Quality [Member]
Finance receivable by credit quality indicator [Abstract]
Loans	0		0		0
Commercial and Industrial Sector [Member] | Commercial and Agricultural [Member] | Not Rated [Member]
Finance receivable by credit quality indicator [Abstract]
Loans	0		0		0
Commercial and Industrial Sector [Member] | Commercial and Agricultural [Member] | Pass [Member]
Finance receivable by credit quality indicator [Abstract]
Loans	186,300		186,300		186,359
Commercial and Industrial Sector [Member] | Commercial and Agricultural [Member] | Special Mention [Member]
Finance receivable by credit quality indicator [Abstract]
Loans	2,543		2,543		3,772
Commercial and Industrial Sector [Member] | Commercial and Agricultural [Member] | Substandard [Member]
Finance receivable by credit quality indicator [Abstract]
Loans	1,533		1,533		2,521
Commercial and Industrial Sector [Member] | Commercial and Agricultural [Member] | Doubtful [Member]
Finance receivable by credit quality indicator [Abstract]
Loans	0		0		9
Agricultural Sector [Member] | Commercial and Agricultural [Member]
Finance receivable by credit quality indicator [Abstract]
Loans	1,155		1,155		1,039
Agricultural Sector [Member] | Commercial and Agricultural [Member] | Loans Acquired with Deteriorated Credit Quality [Member]
Finance receivable by credit quality indicator [Abstract]
Loans	0		0		0
Agricultural Sector [Member] | Commercial and Agricultural [Member] | Not Rated [Member]
Finance receivable by credit quality indicator [Abstract]
Loans	0		0		0
Agricultural Sector [Member] | Commercial and Agricultural [Member] | Pass [Member]
Finance receivable by credit quality indicator [Abstract]
Loans	1,155		1,155		1,039
Agricultural Sector [Member] | Commercial and Agricultural [Member] | Special Mention [Member]
Finance receivable by credit quality indicator [Abstract]
Loans	0		0		0
Agricultural Sector [Member] | Commercial and Agricultural [Member] | Substandard [Member]
Finance receivable by credit quality indicator [Abstract]
Loans					0
Agricultural Sector [Member] | Commercial and Agricultural [Member] | Doubtful [Member]
Finance receivable by credit quality indicator [Abstract]
Loans	0		0		$ 0
Impaired Loans [Member]
Deteriorated Loans Transferred in [Abstract]
Increase (decrease) in allowance for loan losses	$ (15)	$ 32	$ (15)	$ (5)

FAIR VALUE (Details)

FAIR VALUE (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Financial Assets [Abstract]
Total available for sale securities	$ 300,277	$ 344,820
Trading assets	767	701
Recurring [Member]
Financial Assets [Abstract]
Obligations of U.S. Government and U.S. Government sponsored enterprises	70,331	100,166
Mortgage-backed securities, residential	186,717	198,366
Obligations of states and political subdivisions	41,395	44,426
Corporate bonds and notes	756	752
SBA loan pools	609	647
Corporate stocks	469	463
Total available for sale securities	300,277	344,820
Trading assets	767	701
Derivative assets	437	15
Derivative liabilities	557	63
Recurring [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Financial Assets [Abstract]
Obligations of U.S. Government and U.S. Government sponsored enterprises	0	14,784
Mortgage-backed securities, residential	0	0
Obligations of states and political subdivisions	0	0
Corporate bonds and notes	0	0
SBA loan pools	0	0
Corporate stocks	52	56
Total available for sale securities	52	14,840
Trading assets	767	701
Derivative assets	0	0
Derivative liabilities	0	0
Recurring [Member] | Significant Other Observable Inputs (Level 2) [Member]
Financial Assets [Abstract]
Obligations of U.S. Government and U.S. Government sponsored enterprises	70,331	85,382
Mortgage-backed securities, residential	186,717	198,366
Obligations of states and political subdivisions	41,395	44,426
Corporate bonds and notes	500	504
SBA loan pools	609	647
Corporate stocks	417	407
Total available for sale securities	299,969	329,732
Trading assets	0	0
Derivative assets	437	15
Derivative liabilities	437	15
Recurring [Member] | Significant Unobservable Inputs (Level 3) [Member]
Financial Assets [Abstract]
Obligations of U.S. Government and U.S. Government sponsored enterprises	0	0
Mortgage-backed securities, residential	0	0
Obligations of states and political subdivisions	0	0
Corporate bonds and notes	256	248
SBA loan pools	0	0
Corporate stocks	0	0
Total available for sale securities	256	248
Trading assets	0	0
Derivative assets	0	0
Derivative liabilities	120	48
Impaired Loans [Member] | Non-recurring [Member]
Impaired Loans, Fair Value Disclosure [Abstract]
Total impaired loans	853	2,916
Impaired Loans [Member] | Non-recurring [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Impaired Loans, Fair Value Disclosure [Abstract]
Total impaired loans	0	0
Impaired Loans [Member] | Non-recurring [Member] | Significant Other Observable Inputs (Level 2) [Member]
Impaired Loans, Fair Value Disclosure [Abstract]
Total impaired loans	0	0
Impaired Loans [Member] | Non-recurring [Member] | Significant Unobservable Inputs (Level 3) [Member]
Impaired Loans, Fair Value Disclosure [Abstract]
Total impaired loans	853	2,916
Other real estate owned [Member] | Non-recurring [Member]
Impaired Loans, Fair Value Disclosure [Abstract]
Total other real estate owned, net	393	1,530
Other real estate owned [Member] | Non-recurring [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Impaired Loans, Fair Value Disclosure [Abstract]
Total other real estate owned, net	0	0
Other real estate owned [Member] | Non-recurring [Member] | Significant Other Observable Inputs (Level 2) [Member]
Impaired Loans, Fair Value Disclosure [Abstract]
Total other real estate owned, net	0	1,491
Other real estate owned [Member] | Non-recurring [Member] | Significant Unobservable Inputs (Level 3) [Member]
Impaired Loans, Fair Value Disclosure [Abstract]
Total other real estate owned, net	393	39
Commercial Mortgages other [Member] | Impaired Loans [Member] | Non-recurring [Member]
Impaired Loans, Fair Value Disclosure [Abstract]
Total impaired loans	614	2,629
Commercial Mortgages other [Member] | Impaired Loans [Member] | Non-recurring [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Impaired Loans, Fair Value Disclosure [Abstract]
Total impaired loans	0	0
Commercial Mortgages other [Member] | Impaired Loans [Member] | Non-recurring [Member] | Significant Other Observable Inputs (Level 2) [Member]
Impaired Loans, Fair Value Disclosure [Abstract]
Total impaired loans	0	0
Commercial Mortgages other [Member] | Impaired Loans [Member] | Non-recurring [Member] | Significant Unobservable Inputs (Level 3) [Member]
Impaired Loans, Fair Value Disclosure [Abstract]
Total impaired loans	614	2,629
Commercial Mortgages other [Member] | Other real estate owned [Member] | Non-recurring [Member]
Impaired Loans, Fair Value Disclosure [Abstract]
Total other real estate owned, net	51	1,491
Commercial Mortgages other [Member] | Other real estate owned [Member] | Non-recurring [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Impaired Loans, Fair Value Disclosure [Abstract]
Total other real estate owned, net	0	0
Commercial Mortgages other [Member] | Other real estate owned [Member] | Non-recurring [Member] | Significant Other Observable Inputs (Level 2) [Member]
Impaired Loans, Fair Value Disclosure [Abstract]
Total other real estate owned, net	0	1,491
Commercial Mortgages other [Member] | Other real estate owned [Member] | Non-recurring [Member] | Significant Unobservable Inputs (Level 3) [Member]
Impaired Loans, Fair Value Disclosure [Abstract]
Total other real estate owned, net	51	0
Home Equity Lines and Loans [Member] | Impaired Loans [Member] | Non-recurring [Member]
Impaired Loans, Fair Value Disclosure [Abstract]
Total impaired loans	239	287
Home Equity Lines and Loans [Member] | Impaired Loans [Member] | Non-recurring [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Impaired Loans, Fair Value Disclosure [Abstract]
Total impaired loans	0	0
Home Equity Lines and Loans [Member] | Impaired Loans [Member] | Non-recurring [Member] | Significant Other Observable Inputs (Level 2) [Member]
Impaired Loans, Fair Value Disclosure [Abstract]
Total impaired loans	0	0
Home Equity Lines and Loans [Member] | Impaired Loans [Member] | Non-recurring [Member] | Significant Unobservable Inputs (Level 3) [Member]
Impaired Loans, Fair Value Disclosure [Abstract]
Total impaired loans	239	287
Home Equity Lines and Loans [Member] | Other real estate owned [Member] | Non-recurring [Member]
Impaired Loans, Fair Value Disclosure [Abstract]
Total other real estate owned, net	17
Home Equity Lines and Loans [Member] | Other real estate owned [Member] | Non-recurring [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Impaired Loans, Fair Value Disclosure [Abstract]
Total other real estate owned, net	0
Home Equity Lines and Loans [Member] | Other real estate owned [Member] | Non-recurring [Member] | Significant Other Observable Inputs (Level 2) [Member]
Impaired Loans, Fair Value Disclosure [Abstract]
Total other real estate owned, net	0
Home Equity Lines and Loans [Member] | Other real estate owned [Member] | Non-recurring [Member] | Significant Unobservable Inputs (Level 3) [Member]
Impaired Loans, Fair Value Disclosure [Abstract]
Total other real estate owned, net	17
Residential Mortgage [Member] | Non-recurring [Member]
Impaired Loans, Fair Value Disclosure [Abstract]
Total other real estate owned, net		39
Residential Mortgage [Member] | Non-recurring [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Impaired Loans, Fair Value Disclosure [Abstract]
Total other real estate owned, net		0
Residential Mortgage [Member] | Non-recurring [Member] | Significant Other Observable Inputs (Level 2) [Member]
Impaired Loans, Fair Value Disclosure [Abstract]
Total other real estate owned, net		0
Residential Mortgage [Member] | Non-recurring [Member] | Significant Unobservable Inputs (Level 3) [Member]
Impaired Loans, Fair Value Disclosure [Abstract]
Total other real estate owned, net		$ 39
Residential Mortgage [Member] | Other real estate owned [Member] | Non-recurring [Member]
Impaired Loans, Fair Value Disclosure [Abstract]
Total other real estate owned, net	325
Residential Mortgage [Member] | Other real estate owned [Member] | Non-recurring [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Impaired Loans, Fair Value Disclosure [Abstract]
Total other real estate owned, net	0
Residential Mortgage [Member] | Other real estate owned [Member] | Non-recurring [Member] | Significant Other Observable Inputs (Level 2) [Member]
Impaired Loans, Fair Value Disclosure [Abstract]
Total other real estate owned, net	0
Residential Mortgage [Member] | Other real estate owned [Member] | Non-recurring [Member] | Significant Unobservable Inputs (Level 3) [Member]
Impaired Loans, Fair Value Disclosure [Abstract]
Total other real estate owned, net	$ 325

FAIR VALUE - Unobservable Input

FAIR VALUE - Unobservable Inputs (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Corporate Bonds and Notes
Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Balance of recurring Level 3 assets at January 1	$ 252	$ 0	$ 248	$ 0
Derivative instruments entered into	0	0	0	0
Included in earnings - other non-interest income	0	0	0	0
Included in other comprehensive income	4	0	8	0
Transfers into Level 3	0	0	0	0
Balance of recurring Level 3 assets at June 30	256	0	256	0
Derivative Liabilities
Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Balance of recurring Level 3 assets at January 1	(84)	(33)	(48)	(18)
Derivative instruments entered into	(23)	0	(25)	0
Included in earnings - other non-interest income	(13)	20	(47)	5
Included in other comprehensive income	0	0	0	0
Transfers into Level 3	0	0	0	0
Balance of recurring Level 3 assets at June 30	$ (120)	$ (13)	$ (120)	$ (13)

FAIR VALUE - Quantitative Infor

FAIR VALUE - Quantitative Information (Details) - USD ($) $ in Thousands	6 Months Ended		12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015
Corporate Bonds and Notes | Recurring [Member] | Significant Unobservable Inputs (Level 3) [Member]
Information related to Level 3 non-recurring fair value measurement [Abstract]
Assets, fair value disclosure	$ 256		$ 248
Corporate Bonds and Notes | Recurring [Member] | Significant Unobservable Inputs (Level 3) [Member] | Maximum [Member]
Information related to Level 3 non-recurring fair value measurement [Abstract]
Discount rate (in hundredths)	1.73%		1.73%
Corporate Bonds and Notes | Recurring [Member] | Significant Unobservable Inputs (Level 3) [Member] | Minimum [Member]
Information related to Level 3 non-recurring fair value measurement [Abstract]
Discount rate (in hundredths)	1.73%		1.73%
Corporate Bonds and Notes | Recurring [Member] | Significant Unobservable Inputs (Level 3) [Member] | Weighted Average [Member]
Information related to Level 3 non-recurring fair value measurement [Abstract]
Discount rate (in hundredths)	1.73%		1.73%
Impaired Loans [Member] | Non-recurring [Member] | Significant Unobservable Inputs (Level 3) [Member]
Information related to Level 3 non-recurring fair value measurement [Abstract]
Fair value	$ 853		$ 2,916
Impaired Loans [Member] | Non-recurring [Member] | Significant Unobservable Inputs (Level 3) [Member] | Third Party Appraisals [Member] | Maximum [Member]
Information related to Level 3 non-recurring fair value measurement [Abstract]
Discount rate (in hundredths)	100.00%		100.00%
Impaired Loans [Member] | Non-recurring [Member] | Significant Unobservable Inputs (Level 3) [Member] | Third Party Appraisals [Member] | Minimum [Member]
Information related to Level 3 non-recurring fair value measurement [Abstract]
Discount rate (in hundredths)	0.00%		0.00%
Other real estate owned [Member]
Information related to Level 3 non-recurring fair value measurement [Abstract]
Other real estate owned expense associated with valuation allowance	$ 120
Other real estate owned [Member] | Non-recurring [Member]
Information related to Level 3 non-recurring fair value measurement [Abstract]
Outstanding balance of OREO	393		$ 1,530
Other real estate owned [Member] | Non-recurring [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Information related to Level 3 non-recurring fair value measurement [Abstract]
Outstanding balance of OREO	0		0
Other real estate owned [Member] | Non-recurring [Member] | Significant Other Observable Inputs (Level 2) [Member]
Information related to Level 3 non-recurring fair value measurement [Abstract]
Outstanding balance of OREO	0		1,491
Other real estate owned [Member] | Non-recurring [Member] | Significant Unobservable Inputs (Level 3) [Member]
Information related to Level 3 non-recurring fair value measurement [Abstract]
Fair value	393		39
Outstanding balance of OREO	$ 393		39
Other real estate owned [Member] | Non-recurring [Member] | Significant Unobservable Inputs (Level 3) [Member] | Third Party Appraisals [Member]
Information related to Level 3 non-recurring fair value measurement [Abstract]
Discount rate (in hundredths)	31.00%
Fair value	$ 325		$ 39
Other real estate owned [Member] | Non-recurring [Member] | Significant Unobservable Inputs (Level 3) [Member] | Third Party Appraisals [Member] | Maximum [Member]
Information related to Level 3 non-recurring fair value measurement [Abstract]
Discount rate (in hundredths)			27.00%
Other real estate owned [Member] | Non-recurring [Member] | Significant Unobservable Inputs (Level 3) [Member] | Third Party Appraisals [Member] | Minimum [Member]
Information related to Level 3 non-recurring fair value measurement [Abstract]
Discount rate (in hundredths)			7.00%
Derivative Liabilities | Recurring [Member] | Significant Unobservable Inputs (Level 3) [Member]
Information related to Level 3 non-recurring fair value measurement [Abstract]
Liabilities, fair value disclosure	$ 120		$ 48
Derivative Liabilities | Recurring [Member] | Significant Unobservable Inputs (Level 3) [Member] | Maximum [Member]
Information related to Level 3 non-recurring fair value measurement [Abstract]
Discount rate (in hundredths)	5.83%		5.83%
Derivative Liabilities | Recurring [Member] | Significant Unobservable Inputs (Level 3) [Member] | Minimum [Member]
Information related to Level 3 non-recurring fair value measurement [Abstract]
Discount rate (in hundredths)	5.83%		5.83%
Derivative Liabilities | Recurring [Member] | Significant Unobservable Inputs (Level 3) [Member] | Weighted Average [Member]
Information related to Level 3 non-recurring fair value measurement [Abstract]
Discount rate (in hundredths)	5.83%		5.83%
Commercial Mortgages other [Member] | Impaired Loans [Member] | Non-recurring [Member] | Significant Unobservable Inputs (Level 3) [Member]
Information related to Level 3 non-recurring fair value measurement [Abstract]
Fair value	$ 614		$ 2,629
Commercial Mortgages other [Member] | Impaired Loans [Member] | Non-recurring [Member] | Significant Unobservable Inputs (Level 3) [Member] | Maximum [Member]
Information related to Level 3 non-recurring fair value measurement [Abstract]
Discount rate (in hundredths)	21.83%		17.19%
Commercial Mortgages other [Member] | Impaired Loans [Member] | Non-recurring [Member] | Significant Unobservable Inputs (Level 3) [Member] | Minimum [Member]
Information related to Level 3 non-recurring fair value measurement [Abstract]
Discount rate (in hundredths)		10.00%	10.00%
Commercial Mortgages other [Member] | Impaired Loans [Member] | Non-recurring [Member] | Significant Unobservable Inputs (Level 3) [Member] | Weighted Average [Member]
Information related to Level 3 non-recurring fair value measurement [Abstract]
Discount rate (in hundredths)	16.83%		16.06%
Commercial Mortgages other [Member] | Other real estate owned [Member] | Non-recurring [Member]
Information related to Level 3 non-recurring fair value measurement [Abstract]
Outstanding balance of OREO	$ 51		$ 1,491
Commercial Mortgages other [Member] | Other real estate owned [Member] | Non-recurring [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Information related to Level 3 non-recurring fair value measurement [Abstract]
Outstanding balance of OREO	0		0
Commercial Mortgages other [Member] | Other real estate owned [Member] | Non-recurring [Member] | Significant Other Observable Inputs (Level 2) [Member]
Information related to Level 3 non-recurring fair value measurement [Abstract]
Outstanding balance of OREO	0		1,491
Commercial Mortgages other [Member] | Other real estate owned [Member] | Non-recurring [Member] | Significant Unobservable Inputs (Level 3) [Member]
Information related to Level 3 non-recurring fair value measurement [Abstract]
Fair value	51
Outstanding balance of OREO	$ 51		0
Commercial Mortgages other [Member] | Other real estate owned [Member] | Non-recurring [Member] | Significant Unobservable Inputs (Level 3) [Member] | Maximum [Member]
Information related to Level 3 non-recurring fair value measurement [Abstract]
Discount rate (in hundredths)	23.66%
Commercial Mortgages other [Member] | Other real estate owned [Member] | Non-recurring [Member] | Significant Unobservable Inputs (Level 3) [Member] | Minimum [Member]
Information related to Level 3 non-recurring fair value measurement [Abstract]
Discount rate (in hundredths)	23.66%
Commercial Mortgages other [Member] | Other real estate owned [Member] | Non-recurring [Member] | Significant Unobservable Inputs (Level 3) [Member] | Weighted Average [Member]
Information related to Level 3 non-recurring fair value measurement [Abstract]
Discount rate (in hundredths)	23.66%
Home Equity Lines and Loans [Member] | Impaired Loans [Member] | Non-recurring [Member] | Significant Unobservable Inputs (Level 3) [Member]
Information related to Level 3 non-recurring fair value measurement [Abstract]
Fair value	$ 239		$ 287
Home Equity Lines and Loans [Member] | Impaired Loans [Member] | Non-recurring [Member] | Significant Unobservable Inputs (Level 3) [Member] | Maximum [Member]
Information related to Level 3 non-recurring fair value measurement [Abstract]
Discount rate (in hundredths)	20.80%		18.04%
Home Equity Lines and Loans [Member] | Impaired Loans [Member] | Non-recurring [Member] | Significant Unobservable Inputs (Level 3) [Member] | Minimum [Member]
Information related to Level 3 non-recurring fair value measurement [Abstract]
Discount rate (in hundredths)	20.80%		18.04%
Home Equity Lines and Loans [Member] | Impaired Loans [Member] | Non-recurring [Member] | Significant Unobservable Inputs (Level 3) [Member] | Weighted Average [Member]
Information related to Level 3 non-recurring fair value measurement [Abstract]
Discount rate (in hundredths)	20.80%		18.04%
Home Equity Lines and Loans [Member] | Other real estate owned [Member] | Non-recurring [Member]
Information related to Level 3 non-recurring fair value measurement [Abstract]
Outstanding balance of OREO	$ 17
Home Equity Lines and Loans [Member] | Other real estate owned [Member] | Non-recurring [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Information related to Level 3 non-recurring fair value measurement [Abstract]
Outstanding balance of OREO	0
Home Equity Lines and Loans [Member] | Other real estate owned [Member] | Non-recurring [Member] | Significant Other Observable Inputs (Level 2) [Member]
Information related to Level 3 non-recurring fair value measurement [Abstract]
Outstanding balance of OREO	0
Home Equity Lines and Loans [Member] | Other real estate owned [Member] | Non-recurring [Member] | Significant Unobservable Inputs (Level 3) [Member]
Information related to Level 3 non-recurring fair value measurement [Abstract]
Fair value	17
Outstanding balance of OREO	$ 17
Home Equity Lines and Loans [Member] | Other real estate owned [Member] | Non-recurring [Member] | Significant Unobservable Inputs (Level 3) [Member] | Maximum [Member]
Information related to Level 3 non-recurring fair value measurement [Abstract]
Discount rate (in hundredths)	20.80%
Home Equity Lines and Loans [Member] | Other real estate owned [Member] | Non-recurring [Member] | Significant Unobservable Inputs (Level 3) [Member] | Minimum [Member]
Information related to Level 3 non-recurring fair value measurement [Abstract]
Discount rate (in hundredths)	20.80%
Home Equity Lines and Loans [Member] | Other real estate owned [Member] | Non-recurring [Member] | Significant Unobservable Inputs (Level 3) [Member] | Weighted Average [Member]
Information related to Level 3 non-recurring fair value measurement [Abstract]
Discount rate (in hundredths)	20.80%
Residential Mortgage [Member] | Non-recurring [Member]
Information related to Level 3 non-recurring fair value measurement [Abstract]
Outstanding balance of OREO			$ 39
Residential Mortgage [Member] | Non-recurring [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Information related to Level 3 non-recurring fair value measurement [Abstract]
Outstanding balance of OREO			0
Residential Mortgage [Member] | Non-recurring [Member] | Significant Other Observable Inputs (Level 2) [Member]
Information related to Level 3 non-recurring fair value measurement [Abstract]
Outstanding balance of OREO			0
Residential Mortgage [Member] | Non-recurring [Member] | Significant Unobservable Inputs (Level 3) [Member]
Information related to Level 3 non-recurring fair value measurement [Abstract]
Outstanding balance of OREO			$ 39
Residential Mortgage [Member] | Other real estate owned [Member] | Non-recurring [Member]
Information related to Level 3 non-recurring fair value measurement [Abstract]
Outstanding balance of OREO	$ 325
Residential Mortgage [Member] | Other real estate owned [Member] | Non-recurring [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Information related to Level 3 non-recurring fair value measurement [Abstract]
Outstanding balance of OREO	0
Residential Mortgage [Member] | Other real estate owned [Member] | Non-recurring [Member] | Significant Other Observable Inputs (Level 2) [Member]
Information related to Level 3 non-recurring fair value measurement [Abstract]
Outstanding balance of OREO	0
Residential Mortgage [Member] | Other real estate owned [Member] | Non-recurring [Member] | Significant Unobservable Inputs (Level 3) [Member]
Information related to Level 3 non-recurring fair value measurement [Abstract]
Outstanding balance of OREO	$ 325
Residential Mortgage [Member] | Other real estate owned [Member] | Non-recurring [Member] | Significant Unobservable Inputs (Level 3) [Member] | Maximum [Member]
Information related to Level 3 non-recurring fair value measurement [Abstract]
Discount rate (in hundredths)	39.22%		22.30%
Residential Mortgage [Member] | Other real estate owned [Member] | Non-recurring [Member] | Significant Unobservable Inputs (Level 3) [Member] | Minimum [Member]
Information related to Level 3 non-recurring fair value measurement [Abstract]
Discount rate (in hundredths)	20.80%		22.30%
Residential Mortgage [Member] | Other real estate owned [Member] | Non-recurring [Member] | Significant Unobservable Inputs (Level 3) [Member] | Weighted Average [Member]
Information related to Level 3 non-recurring fair value measurement [Abstract]
Discount rate (in hundredths)	28.94%		22.30%

FAIR VALUE - Carrying Amounts a

FAIR VALUE - Carrying Amounts and Estimated Fair Values of Other Financial Instruments (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Financial Assets [Abstract]
Cash and due from financial institutions	$ 27,233	$ 24,886
Interest-bearing deposits in other financial institutions	80,121	1,299
Securities available for sale	300,277	344,820
Securities held to maturity	3,793	4,822
Loans, net	1,186,488	1,154,373
Accrued interest receivable	2,964	2,870
Financial liabilities [Abstract]
Securities sold under agreements to repurchase	28,778	28,453
FHLBNY overnight advances	0	13,900
FHLBNY term advances	19,148	19,203
Recurring [Member]
Financial Assets [Abstract]
Securities available for sale	300,277	344,820
Securities held to maturity	3,793
Derivative assets	437	15
Financial liabilities [Abstract]
Derivative liabilities	557	63
Recurring [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Financial Assets [Abstract]
Cash and due from financial institutions	27,233	24,886
Interest-bearing deposits in other financial institutions	80,121	1,299
Trading assets	767	701
Securities available for sale	52	14,840
Securities held to maturity	0	0
FHLBNY and FRBNY stock	0	0
Loans, net	0	0
Loans held for sale	0	0
Accrued interest receivable	0	39
Derivative assets	0	0
Financial liabilities [Abstract]
Demand, savings, and insured money market accounts	1,309,265	1,234,216
Time deposits	0	0
Securities sold under agreements to repurchase	0	0
FHLBNY overnight advances		0
FHLBNY term advances	0	0
Accrued interest payable	21	17
Derivative liabilities	0	0
Recurring [Member] | Significant Other Observable Inputs (Level 2) [Member]
Financial Assets [Abstract]
Cash and due from financial institutions	0	0
Interest-bearing deposits in other financial institutions	0	0
Trading assets	0	0
Securities available for sale	299,969	329,732
Securities held to maturity	0	0
FHLBNY and FRBNY stock	0	0
Loans, net	0	0
Loans held for sale	843	1,076
Accrued interest receivable	965	1,141
Derivative assets	437	15
Financial liabilities [Abstract]
Demand, savings, and insured money market accounts	0	0
Time deposits	159,084	166,551
Securities sold under agreements to repurchase	29,459	29,128
FHLBNY overnight advances		13,901
FHLBNY term advances	19,564	19,658
Accrued interest payable	192	192
Derivative liabilities	437	15
Recurring [Member] | Significant Unobservable Inputs (Level 3) [Member]
Financial Assets [Abstract]
Cash and due from financial institutions	0	0
Interest-bearing deposits in other financial institutions	0	0
Trading assets	0	0
Securities available for sale	256	248
Securities held to maturity		4,822
FHLBNY and FRBNY stock	0	0
Loans, net	1,209,140	1,178,081
Loans held for sale	0	0
Accrued interest receivable	2,939	2,835
Derivative assets	0	0
Financial liabilities [Abstract]
Demand, savings, and insured money market accounts	0	0
Time deposits	0	0
Securities sold under agreements to repurchase	0	0
FHLBNY overnight advances		0
FHLBNY term advances	0	0
Accrued interest payable	0	0
Derivative liabilities	120	48
Recurring [Member] | Carrying Amount [Member]
Financial Assets [Abstract]
Cash and due from financial institutions	27,233	24,886
Interest-bearing deposits in other financial institutions	80,121	1,299
Trading assets	767	701
Securities available for sale	300,277	344,820
Securities held to maturity	3,518	4,566
FHLBNY and FRBNY stock	4,491	4,797
Loans, net	1,186,488	1,154,373
Loans held for sale	809	1,076
Accrued interest receivable	3,904	4,015
Derivative assets	437	15
Financial liabilities [Abstract]
Demand, savings, and insured money market accounts	1,309,265	1,234,216
Time deposits	158,655	166,079
Securities sold under agreements to repurchase	28,778	28,453
FHLBNY overnight advances		13,900
FHLBNY term advances	19,148	19,203
Accrued interest payable	213	209
Derivative liabilities	557	63
Recurring [Member] | Estimated Fair Value [Member]
Financial Assets [Abstract]
Cash and due from financial institutions	27,233	24,886
Interest-bearing deposits in other financial institutions	80,121	1,299
Trading assets	767	701
Securities available for sale	300,277	344,820
Securities held to maturity	3,793	4,822
Loans, net	1,209,140	1,178,081
Loans held for sale	843	1,076
Accrued interest receivable	3,904	4,015
Derivative assets	437	15
Financial liabilities [Abstract]
Demand, savings, and insured money market accounts	1,309,265	1,234,216
Time deposits	159,084	166,551
Securities sold under agreements to repurchase	29,459	29,128
FHLBNY overnight advances		13,901
FHLBNY term advances	19,564	19,658
Accrued interest payable	213	209
Derivative liabilities	$ 557	$ 63

GOODWILL AND INTANGIBLE ASSET46

GOODWILL AND INTANGIBLE ASSETS (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015
Goodwill [Roll Forward]
Beginning of year			$ 21,824	$ 21,824	$ 21,824
Acquired goodwill			0	0
June 30	$ 21,824	$ 21,824	21,824	21,824	21,824
Finite-lived intangible assets, net [Abstract]
Balance Acquired			11,608		11,608
Accumulated Amortization	8,180		8,180		7,677
Aggregate amortization expense	245	$ 285	503	$ 589
Finite-lived intangible assets, future amortization expense [Abstract]
2,016	483		483
2,017	859		859
2,018	734		734
2,019	609		609
2,020	484		484
2,021	259		259
Total	3,428		3,428
Core Deposit Intangibles [Member]
Finite-lived intangible assets, net [Abstract]
Balance Acquired			5,975		5,975
Accumulated Amortization	4,383		4,383		4,057
Other Customer Relationship Intangibles [Member]
Finite-lived intangible assets, net [Abstract]
Balance Acquired			5,633		5,633
Accumulated Amortization	$ 3,797		$ 3,797		$ 3,620

SECURITIES SOLD UNDER AGREEME47

SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Summary of securities sold under agreements to repurchase [Abstract]
Securities sold under agreements to repurchase	$ 42,867	$ 43,856
Excess collateral held	(14,089)	(15,403)
Gross amount of recognized liabilities for repurchase agreements	28,778	28,453
Obligations of U.S. Government and U.S. Government Sponsored Enterprises [Member]
Summary of securities sold under agreements to repurchase [Abstract]
Securities sold under agreements to repurchase	3,296	23,267
Mortgage-Backed Securities, Residential [Member]
Summary of securities sold under agreements to repurchase [Abstract]
Securities sold under agreements to repurchase	39,571	20,589
Overnight and Continuous [Member]
Summary of securities sold under agreements to repurchase [Abstract]
Securities sold under agreements to repurchase	17,119	20,443
Excess collateral held	(8,341)	(11,990)
Gross amount of recognized liabilities for repurchase agreements	8,778	8,453
Overnight and Continuous [Member] | Obligations of U.S. Government and U.S. Government Sponsored Enterprises [Member]
Summary of securities sold under agreements to repurchase [Abstract]
Securities sold under agreements to repurchase	0	12,163
Overnight and Continuous [Member] | Mortgage-Backed Securities, Residential [Member]
Summary of securities sold under agreements to repurchase [Abstract]
Securities sold under agreements to repurchase	17,119	8,280
Up to 1 Year [Member]
Summary of securities sold under agreements to repurchase [Abstract]
Securities sold under agreements to repurchase	13,036	10,955
Excess collateral held	(3,036)	(955)
Gross amount of recognized liabilities for repurchase agreements	10,000	10,000
Up to 1 Year [Member] | Obligations of U.S. Government and U.S. Government Sponsored Enterprises [Member]
Summary of securities sold under agreements to repurchase [Abstract]
Securities sold under agreements to repurchase	1,789	1,781
Up to 1 Year [Member] | Mortgage-Backed Securities, Residential [Member]
Summary of securities sold under agreements to repurchase [Abstract]
Securities sold under agreements to repurchase	11,247	9,174
1 - 3 Years [Member]
Summary of securities sold under agreements to repurchase [Abstract]
Securities sold under agreements to repurchase	12,712	12,458
Excess collateral held	(2,712)	(2,458)
Gross amount of recognized liabilities for repurchase agreements	10,000	10,000
1 - 3 Years [Member] | Obligations of U.S. Government and U.S. Government Sponsored Enterprises [Member]
Summary of securities sold under agreements to repurchase [Abstract]
Securities sold under agreements to repurchase	1,507	9,323
1 - 3 Years [Member] | Mortgage-Backed Securities, Residential [Member]
Summary of securities sold under agreements to repurchase [Abstract]
Securities sold under agreements to repurchase	11,205	3,135
3+ Years [Member]
Summary of securities sold under agreements to repurchase [Abstract]
Securities sold under agreements to repurchase	0	0
Excess collateral held	0	0
Gross amount of recognized liabilities for repurchase agreements	0	0
3+ Years [Member] | Obligations of U.S. Government and U.S. Government Sponsored Enterprises [Member]
Summary of securities sold under agreements to repurchase [Abstract]
Securities sold under agreements to repurchase	0	0
3+ Years [Member] | Mortgage-Backed Securities, Residential [Member]
Summary of securities sold under agreements to repurchase [Abstract]
Securities sold under agreements to repurchase	$ 0	$ 0

ACCUMULATED OTHER COMPREHENSI48

ACCUMULATED OTHER COMPREHENSIVE LOSS - Summary of Changes in Accumulated Other Comprehensive Income or Loss by Component (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Changes in accumulated other comprehensive income or loss by component, net of tax [Roll Forward]
Balances			$ 137,242	$ 133,628
Net current period other comprehensive gain	$ 1,803	$ (1,327)	3,407	(329)
Balances	143,409	136,520	143,409	136,520
Accumulated Other Comprehensive Income (Loss) [Member]
Changes in accumulated other comprehensive income or loss by component, net of tax [Roll Forward]
Balances	(9,338)	(7,787)	(10,942)	(8,785)
Other comprehensive income before reclassification	1,571	(1,394)	3,507	(589)
Amounts reclassified from accumulated other comprehensive income	232	67	(100)	260
Net current period other comprehensive gain	1,803	(1,327)	3,407	(329)
Balances	(7,535)	(9,114)	(7,535)	(9,114)
Unrealized Gains and Losses on Securities Available for Sale [Member]
Changes in accumulated other comprehensive income or loss by component, net of tax [Roll Forward]
Balances	1,581	2,734	210	1,960
Other comprehensive income before reclassification	1,571	(1,394)	3,507	(589)
Amounts reclassified from accumulated other comprehensive income	0	(156)	(565)	(187)
Net current period other comprehensive gain	1,571	(1,550)	2,942	(776)
Balances	3,152	1,184	3,152	1,184
Defined Benefit and Other Benefit Plans [Member]
Changes in accumulated other comprehensive income or loss by component, net of tax [Roll Forward]
Balances	(10,919)	(10,521)	(11,152)	(10,745)
Other comprehensive income before reclassification	0	0	0	0
Amounts reclassified from accumulated other comprehensive income	232	223	465	447
Net current period other comprehensive gain	232	223	465	447
Balances	$ (10,687)	$ (10,298)	$ (10,687)	$ (10,298)

ACCUMULATED OTHER COMPREHENSI49

ACCUMULATED OTHER COMPREHENSIVE LOSS - Reclassification out of Accumulated Other Comprehensive Income (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Reclassification Adjustment Out Of Accumulated Other Comprehensive Income [Line Items]
Net gains on securities transactions	$ 0	$ 252	$ 908	$ 302
Pension and other employee benefits	1,646	1,557	3,321	3,286
Tax effect	605	1,314	1,921	2,440
Net of tax	1,621	2,577	4,328	4,853
Reclassification out of Accumulated Other Comprehensive Income [Member]
Reclassification Adjustment Out Of Accumulated Other Comprehensive Income [Line Items]
Net of tax	232	67	(100)	260
Unrealized Gains and Losses on Securities Available for Sale [Member] | Reclassification out of Accumulated Other Comprehensive Income [Member]
Reclassification Adjustment Out Of Accumulated Other Comprehensive Income [Line Items]
Net gains on securities transactions	0	(252)	(908)	(302)
Tax effect	0	96	343	115
Net of tax	0	(156)	(565)	(187)
Defined Benefit and Other Benefit Plans [Member] | Reclassification out of Accumulated Other Comprehensive Income [Member]
Reclassification Adjustment Out Of Accumulated Other Comprehensive Income [Line Items]
Tax effect	(141)	(140)	(282)	(277)
Net of tax	232	223	465	447
Prior Service Costs [Member] | Reclassification out of Accumulated Other Comprehensive Income [Member]
Reclassification Adjustment Out Of Accumulated Other Comprehensive Income [Line Items]
Pension and other employee benefits	(23)	(21)	(45)	(43)
Actuarial Losses [Member] | Reclassification out of Accumulated Other Comprehensive Income [Member]
Reclassification Adjustment Out Of Accumulated Other Comprehensive Income [Line Items]
Pension and other employee benefits	$ 396	$ 384	$ 792	$ 767

COMMITMENTS AND CONTINGENCIES50

COMMITMENTS AND CONTINGENCIES (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Mar. 23, 2016	Dec. 31, 2015
Commitments to Make Loans [Member] | Fixed Rate [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Off-balance sheet contractual amounts of financial instruments	$ 47,782		$ 17,167
Commitments to Make Loans [Member] | Variable Rate [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Off-balance sheet contractual amounts of financial instruments	36,138		25,251
Unused Line of Credit [Member] | Fixed Rate [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Off-balance sheet contractual amounts of financial instruments	1,163		1,265
Unused Line of Credit [Member] | Variable Rate [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Off-balance sheet contractual amounts of financial instruments	189,230		177,004
Standby Letters of Credit [Member] | Fixed Rate [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Off-balance sheet contractual amounts of financial instruments	0		0
Standby Letters of Credit [Member] | Variable Rate [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Off-balance sheet contractual amounts of financial instruments	14,056		$ 14,646
Pending Litigation [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Range of possible loss, not accrued		$ 4,000
Legal reserve	$ 1,200

COMPONENTS OF QUARTERLY AND Y51

COMPONENTS OF QUARTERLY AND YEAR TO DATE NET PERIODIC BENEFIT COSTS (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Qualified Pension Plan [Member]
Defined Benefit Plan, Net Periodic Benefit Cost [Abstract]
Service cost, benefits earned during the period	$ 298	$ 353	$ 594	$ 707
Interest cost on projected benefit obligation	470	457	940	914
Expected return on plan assets	(756)	(824)	(1,511)	(1,647)
Amortization of unrecognized transition obligation	0	0	0	0
Amortization of unrecognized prior service cost	2	3	4	5
Amortization of unrecognized net loss	383	369	767	737
Net periodic pension cost	397	358	794	716
Supplemental Pension Plan [Member]
Defined Benefit Plan, Net Periodic Benefit Cost [Abstract]
Service cost, benefits earned during the period	10	11	21	22
Interest cost on projected benefit obligation	13	12	26	24
Expected return on plan assets	0	0	0	0
Amortization of unrecognized prior service cost	0	0	0	0
Amortization of unrecognized net loss	7	13	13	26
Net periodic pension cost	30	36	60	72
Postretirement Plan, Medical and Life [Member]
Defined Benefit Plan, Net Periodic Benefit Cost [Abstract]
Service cost, benefits earned during the period	12	12	24	24
Interest cost on projected benefit obligation	18	16	35	32
Expected return on plan assets	0	0	0	0
Amortization of unrecognized prior service cost	(25)	(24)	(49)	(48)
Amortization of unrecognized net loss	6	2	12	4
Net periodic pension cost	$ 11	$ 6	$ 22	$ 12

SEGMENT REPORTING (Details)

SEGMENT REPORTING (Details) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016USD ($)	Jun. 30, 2015USD ($)	Jun. 30, 2016USD ($)segment	Jun. 30, 2015USD ($)	Dec. 31, 2015USD ($)
Segment Reporting Information [Line Items]
Number of primary business segments | segment			2
Reportable segments and reconciliation to consolidated results [Abstract]
Interest and dividend income	$ 13,925	$ 13,519	$ 27,874	$ 26,753
Interest expense	957	872	1,881	1,764
Net interest income	12,968	12,647	25,993	24,989
Provision for loan losses	388	259	983	649
Net interest income after provision for loan losses	12,580	12,388	25,010	24,340
Other non-interest income	5,216	5,326	10,817	10,512
Other non-interest expenses	15,570	13,823	29,578	27,559
Income before income tax expense	2,226	3,891	6,249	7,293
Income tax expense (benefit)	605	1,314	1,921	2,440
Net income	1,621	2,577	4,328	4,853
Segment assets	1,683,932	1,553,633	1,683,932	1,553,633	$ 1,619,964
Holding Company, CFS and CRM [Member]
Reportable segments and reconciliation to consolidated results [Abstract]
Interest and dividend income	3	0	3	3
Interest expense	0	0	0	0
Net interest income	3	0	3	3
Provision for loan losses	0	0	0	0
Net interest income after provision for loan losses	3	0	3	3
Other non-interest income	155	203	328	549
Other non-interest expenses	336	306	703	590
Income before income tax expense	(178)	(103)	(372)	(38)
Income tax expense (benefit)	(81)	(55)	(170)	(46)
Net income	(97)	(48)	(202)	8
Segment assets	2,918	1,227	2,918	1,227
Operating Segments [Member] | Core Banking [Member]
Reportable segments and reconciliation to consolidated results [Abstract]
Interest and dividend income	13,922	13,519	27,871	26,750
Interest expense	957	872	1,881	1,764
Net interest income	12,965	12,647	25,990	24,986
Provision for loan losses	388	259	983	649
Net interest income after provision for loan losses	12,577	12,388	25,007	24,337
Other non-interest income	2,860	2,925	6,276	5,639
Other non-interest expenses	13,665	12,127	25,917	24,275
Income before income tax expense	1,772	3,186	5,366	5,701
Income tax expense (benefit)	447	1,048	1,617	1,863
Net income	1,325	2,138	3,749	3,838
Segment assets	1,676,475	1,547,854	1,676,475	1,547,854
Operating Segments [Member] | WMG [Member]
Reportable segments and reconciliation to consolidated results [Abstract]
Interest and dividend income	0	0	0	0
Interest expense	0	0	0	0
Net interest income	0	0	0	0
Provision for loan losses	0	0	0	0
Net interest income after provision for loan losses	0	0	0	0
Other non-interest income	2,201	2,198	4,213	4,324
Other non-interest expenses	1,569	1,390	2,958	2,694
Income before income tax expense	632	808	1,255	1,630
Income tax expense (benefit)	239	321	474	623
Net income	393	487	781	1,007
Segment assets	$ 4,539	$ 4,552	$ 4,539	$ 4,552

STOCK COMPENSATION (Details)

STOCK COMPENSATION (Details) - USD ($) $ / shares in Units, $ in Thousands	1 Months Ended		3 Months Ended		6 Months Ended
	Jan. 31, 2016	Jan. 31, 2015	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Restricted Stock [Member]
Shares [Roll Forward]
Nonvested, Beginning Balance (shares)	22,569		22,154		22,569
Granted (shares)			0		0
Vested (shares)			0		(415)
Forfeited or cancelled (shares)			0		0
Nonvested, Ending Balance (shares)			22,154		22,154
Weighted-Average Grant Date Fair Value [Roll Forward]
Nonvested, Beginning Balance (in dollars per share)	$ 28.09		$ 28.12		$ 28.09
Granted (in dollars per share)			0		0
Vested (in dollars per share)			0		26.59
Forfeitures or cancelled (in dollars per share)			0		0
Nonvested, Ending Balance (in dollars per share)			$ 28.12		$ 28.12
Total unrecognized compensation cost related to nonvested shares granted under the Plan			$ 519		$ 519
Weighted-average period for recognition					3 years 4 months 13 days
Total fair value of shares vested					$ 11	$ 11
President and Chief Executive Officer [Member]
Deferred Compensation Arrangement with Individual, Share-based Payments [Line Items]
Service period for comparable group used to determine share based payment awards					12 months
Directors and President and Chief Executive Officer [Member]
Deferred Compensation Arrangement with Individual, Share-based Payments [Line Items]
Number of treasury shares reissued to fund stock compensation (in shares)	9,532	9,673
Expenses related to stock based compensation recognized			$ 65	$ 67	$ 135	$ 136