Sandy Spring Bancorp (SASR) 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. 05, 2016
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q2
Trading Symbol	SASR
Entity Common Stock, Shares Outstanding		23,864,132
Entity Listing, Par Value Per Share	$ 1
Entity Registrant Name	SANDY SPRING BANCORP INC
Entity Central Index Key	824,410
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Accelerated Filer

CONSOLIDATED STATEMENTS OF COND

CONSOLIDATED STATEMENTS OF CONDITION - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Assets
Cash and due from banks	$ 53,334	$ 46,956
Federal funds sold	832	472
Interest-bearing deposits with banks	39,406	25,454
Cash and cash equivalents	93,572	72,882
Residential mortgage loans held for sale (at fair value)	13,490	15,457
Investments available-for-sale (at fair value)	700,486	592,049
Investments held-to-maturity -- fair value of $211,704 at December 31, 2015	0	208,265
Other equity securities	34,342	41,336
Total loans and leases	3,672,624	3,495,370
Less: allowance for loan and lease losses	(43,384)	(40,895)
Net loans and leases	3,629,240	3,454,475
Premises and equipment, net	53,055	53,214
Other real estate owned	1,311	2,742
Accrued interest receivable	13,399	13,443
Goodwill	84,171	84,171
Other intangible assets, net	77	138
Other assets	116,306	117,208
Total assets	4,739,449	4,655,380
Liabilities
Noninterest-bearing deposits	1,176,135	1,001,841
Interest-bearing deposits	2,334,006	2,261,889
Total deposits	3,510,141	3,263,730
Securities sold under retail repurchase agreements and federal funds purchased	117,887	109,145
Advances from FHLB	515,000	685,000
Subordinated debentures	30,000	35,000
Accrued interest payable and other liabilities	36,942	38,078
Total liabilities	4,209,970	4,130,953
Stockholders Equity
Common stock -- par value $1.00; shares authorized 50,000,000; shares issued and outstanding 23,874,650 and 24,295,971 at June 30, 2016 and December 31, 2015, respectively	23,875	24,296
Additional paid in capital	164,040	175,588
Retained earnings	335,678	325,840
Accumulated other comprehensive loss	5,886	(1,297)
Total stockholders equity	529,479	524,427
Total liabilities and stockholders equity	$ 4,739,449	$ 4,655,380

CONSOLIDATED STATEMENTS OF CON3

CONSOLIDATED STATEMENTS OF CONDITION (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Statement Of Financial Position [Abstract]
Investments held-to-maturity, fair value		$ 211,704
Common stock, par value	$ 1	$ 1
Common stock, shares authorized	50,000,000	50,000,000
Common stock, shares issued	23,874,650	24,295,971
Common stock, shares outstanding	23,874,650	24,295,971

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Interest Income:
Interest and fees on loans and leases	$ 36,928	$ 33,031	$ 73,134	$ 65,170
Interest on loans held for sale	64	132	198	208
Interest on deposits with banks	54	22	107	44
Interest and dividends on investment securities:
Taxable	2,840	3,850	6,126	7,427
Exempt from federal income taxes	1,916	1,814	3,889	4,072
Interest on federal funds sold	1	0	2	0
Total interest income	41,803	38,849	83,456	76,921
Interest Expense:
Interest on deposits	2,041	1,367	3,878	2,561
Interest on retail repurchase agreements and federal funds purchased	72	60	138	110
Interest on advances from FHLB	2,739	3,266	6,113	6,502
Interest on subordinated debt	219	223	473	442
Total interest expense	5,071	4,916	10,602	9,615
Net interest income	36,732	33,933	72,854	67,306
Provision (credit) for loan and lease losses	2,957	1,218	4,193	1,815
Net interest income after provision (credit) for loan and lease losses	33,775	32,715	68,661	65,491
Non-interest Income:
Investment securities gains	150	19	1,919	19
Service charges on deposit accounts	1,956	1,839	3,859	3,721
Mortgage banking activities	1,106	822	1,641	2,000
Wealth management income	4,448	5,161	8,853	10,077
Insurance agency commissions	949	881	2,394	2,499
Income from bank owned life insurance	615	606	1,230	1,319
Visa check fees	1,220	1,220	2,309	2,277
Other income	2,307	1,561	3,909	3,356
Total non-interest income	12,751	12,109	26,114	25,268
Non-interest Expenses:
Salaries and employee benefits	17,221	17,534	35,451	34,833
Occupancy expense of premises	3,162	3,173	6,635	6,662
Equipment expenses	1,693	1,490	3,357	2,863
Marketing	662	942	1,343	1,473
Outside data services	1,355	1,102	2,718	2,363
FDIC insurance	649	654	1,286	1,285
Amortization of intangible assets	28	106	60	213
Litigation Expense	0	162	0	362
Other Expense	6,101	4,314	12,338	8,667
Total non-interest expenses	30,871	29,477	63,188	58,721
Income before income taxes	15,655	15,347	31,587	32,038
Income tax expense	5,008	5,014	10,127	10,480
Net income	$ 10,647	$ 10,333	$ 21,460	$ 21,558
Net Income Per Share Amounts:
Basic net income per share	$ 0.45	$ 0.42	$ 0.9	$ 0.87
Diluted net income per share	0.44	0.42	0.89	0.87
Dividends declared per share	$ 0.24	$ 0.22	$ 0.48	$ 0.44

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - 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		$ 10,647	$ 10,333	$ 21,460	$ 21,558
Investments available-for-sale:
Net change in unrealized gains on investments available-for-sale		2,598	(4,781)	13,253	(147)
Related income tax (expense) benefit		(1,031)	1,899	(5,263)	58
Net investment gains reclassified into earnings		(150)	(19)	(1,919)	(19)
Related income tax expense		60	8	765	8
Net effect on other comprehensive income (loss) for the period		1,477	(2,893)	6,836	(100)
Defined benefit pension plan:
Recognition of unrealized gain (loss)	[1]	291	259	575	551
Related income tax (expense) benefit		(115)	(104)	(228)	(220)
Net effect on other comprehensive income for the period		176	155	347	331
Total other comprehensive income (loss)		1,653	(2,738)	7,183	231
Comprehensive income		$ 12,300	$ 7,595	$ 28,643	$ 21,789
[1]	This amount is included in the computation of net periodic benefit cost, see Note 9.

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - 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
Operating activities:
Net income	$ 10,647	$ 10,333	$ 21,460	$ 21,558
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization			3,897	3,504
Provision (credit) for loan and lease losses	2,957	1,218	4,193	1,815	$ 5,371
Share based compensation expense			992	941
Deferred income tax expense			60	116
Origination of loans held for sale			(72,226)	(109,045)
Proceeds from sales of loans held for sale			94,282	101,688
Gains on sales of loans held for sale			(1,517)	(1,576)
Loss on sales of other real estate owned			52	0
Investment securities gains	(150)	(19)	(1,919)	(19)
Increase (Decrease) in Operating Capital [Abstract]
Net (increase) decrease in accrued interest receivable			44	(510)
Net (increase) decrease in other assets			(2,526)	(65)
Net increase (decrease) in accrued expenses and other liabilities			(3,880)	(162)
Other - net			650	2,069
Net cash provided by operating activities			43,562	20,314
Investing activities:
Proceeds of other equity securities			6,994	5,838
Purchases of investments held-to-maturity			0	(2,100)
Purchases of investments available-for-sale			(113,273)	0
Proceeds from sales of investment available-for-sale			40,863	0
Proceeds from maturities, calls and principal payments of investments held-to-maturity			5,004	4,786
Proceeds from maturities, calls and principal payments of investments available-for-sale			179,038	45,249
Net increase in loans and leases			(195,826)	(163,717)
Proceeds from the sales of other real estate owned			1,352	0
Expenditures for premises and equipment			(2,594)	(4,559)
Net cash used in investing activities			(78,442)	(114,503)
Financing activities:
Net increase (decrease) in deposits			246,411	180,837
Net increase (decrease) in retail repurchase agreements and federal funds purchased			8,742	37,385
Proceeds from advances from FHLB			1,290,000	1,174,000
Repayment of advances from FHLB			(1,460,000)	(1,279,000)
Retirement of subordinated debt			(5,000)	0
Proceeds from issuance of common stock			45	13
Tax benefits associated with shared based compensation			267	335
Repurchase of common stock			(13,273)	(14,915)
Dividends paid			(11,622)	(11,041)
Net cash provided by financing activities			55,570	87,614
Net increase (decrease) in cash and cash equivalents			20,690	(6,575)
Cash and cash equivalents at beginning of period			72,882	96,217	96,217
Cash and cash equivalents at end of period	$ 93,572	$ 89,642	93,572	89,642	$ 72,882
Supplemental Disclosures:
Interest payments			11,114	9,619
Income tax payments			12,984	9,876
Transfer of Investments Held-to-maturity to Available For Sale Securities			203,118	0
Transfer from loans to residential mortgage loans held for sale			18,572	0
Transfers from loans to other real estate owned			$ 0	$ 1,340

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($) $ in Thousands	Total	Common Stock Outstanding [Member]	Common Stock	Additional Paid-In Capital	Retained Earnings	Accumulated Other Comprehensive Income (Loss)
Balances at Dec. 31, 2014	$ 521,751		$ 25,045	$ 194,647	$ 302,882	$ (823)
Net income	21,558		0	0	21,558	0
Other comprehensive loss, net of tax	231		0	0	0	231
Common stock dividends - $0.48 and $0.44 per share at June 30, 2016 and 2015, respectively	(11,041)		0	0	(11,041)	0
Stock compensation expense, Adjustments to Additional Paid in Capital, Requisite Service Period Recognition, Total	941		0	941	0	0
Common stock issued pursuant to:
Stock option plan - 28,941 and 26,695 shares at June 30, 2016 and 2015, respectively	391		26	365	0	0
Employee stock purchase plan - 12,471 and 12,613 shares at June 30, 2016 and 2015, respectively	276		12	264	0	0
Directors stock purchase plan - 258 and 837 shares at June 30, 2016 and 2015, respectively	22		1	21	0	0
Restricted stock - 49,648 and 52,924 shares at June 30, 2016 and 2015, respectively	(341)		53	(394)	0	0
Purchase of treasury shares - 512,459 and 575,472 shares at June 30, 2016 and 2015, respectively	(14,915)	$ (575)		(14,340)	0	0
Balances at Jun. 30, 2015	518,873		24,562	181,504	313,399	(592)
Balances at Dec. 31, 2015	524,427		24,296	175,588	325,840	(1,297)
Net income	21,460		0	0	21,460	0
Other comprehensive loss, net of tax	7,183		0	0	0	7,183
Common stock dividends - $0.48 and $0.44 per share at June 30, 2016 and 2015, respectively	(11,622)		0	0	(11,622)	0
Stock compensation expense, Adjustments to Additional Paid in Capital, Requisite Service Period Recognition, Total	992		0	992	0	0
Common stock issued pursuant to:
Stock option plan - 28,941 and 26,695 shares at June 30, 2016 and 2015, respectively	422		29	393	0	0
Employee stock purchase plan - 12,471 and 12,613 shares at June 30, 2016 and 2015, respectively	291		12	279	0	0
Directors stock purchase plan - 258 and 837 shares at June 30, 2016 and 2015, respectively	16		1	15	0	0
Restricted stock - 49,648 and 52,924 shares at June 30, 2016 and 2015, respectively	(417)		49	(466)	0	0
Purchase of treasury shares - 512,459 and 575,472 shares at June 30, 2016 and 2015, respectively	(13,273)	$ (512)		(12,761)	0	0
Balances at Jun. 30, 2016	$ 529,479		$ 23,875	$ 164,040	$ 335,678	$ 5,886

CONSOLIDATED STATEMENTS OF CHA8

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (Parenthetical) - $ / shares	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Statement Of Stockholders Equity [Abstract]
Common stock dividends, per share	$ 0.48	$ 0.44
Stock option plan, shares	28,941	26,695
Employee stock purchase plan, shares	12,471	12,613
Director stock purchase plan, shares	258	837
Restricted stock, shares	49,648	52,921
Treasury Stock, Shares, Retired	512,459	575,472

SIGNIFICANT ACCOUNTING POLICIES

SIGNIFICANT ACCOUNTING POLICIES	6 Months Ended
	Jun. 30, 2016
Significant Accounting Policies [Abstract]
Significant Accounting Policies	Note 1 – Significant Accounting Policies Nature of Operations Sandy Spring Bancorp (the “Company”), a Maryland corporation, is the bank holding company for Sandy Spring Bank (the “Bank”). The Bank offers a broad range of commercial banking, retail banking , mortgage and trust services throughout central Maryland, Northern Virginia and the greater Washington D.C . market through its oper ation of 45 community offices and six financial centers across the region. The Bank also offers a comprehensive menu of insurance and wealth management services through its subsidiaries, Sandy Spring Insurance Corporation and West Financial Services, Inc. Basis of Presentation The accounting and reporting policies of the Company conform to accounting principles generally accepted in the United States of America (“GAAP”) and prevailing practices within the financial services industry for interim financial information and Rule 10-01 of Regulation S-X. Accordingly, they do not include all of the information and notes required for complete financial statements and prevailing practices within the banking industry. The following summary of significant account ing policies of the Company is presented to assist the reader in understanding the financial and other data presented in this report. Operating results for the three and six months ended June 30, 2016 are not necessarily indicative of the results that may be expected for any future periods or for the year ending December 31, 2016 . In the opinion of management, all adjustments (comprising only normal recurring accruals) necessary for a fair presentat ion of the results of the interim periods have been included. Certain reclassifications have been made to prior period amounts, as necessary, to conform to the current period presentation. The Company has evaluated subsequent events through the date of th e issuance of its financial statements. These statements should be read in conjunction with the financial statements and accompanying notes included in the Company’s 2015 Annual Report on Form 10-K as filed with the Securities and Exchange Commission ( “SEC”) on March 4, 2016 . There have been no significant changes to the Company’s accounting p olicies as disclosed in the 2015 Annual Report on Form 10-K. Principles of Consolidation The unaudited condensed consolidated financial statements include the accounts of the Company and its wholly owned subsidiary, Sandy Spring Bank and its subsidiaries, Sandy Spring Insurance Corporation and West Financial Services, Inc. Consolidation has resulted in the elimination of all intercompany accounts and transaction s. Use of Estimates The preparation of financial statements requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of the financial statements, and affect the reported a mounts of revenues earned and expenses incurred during the reporting period. Actual results could differ from those estimates. Estimates that could change significantly relate to the provision for loan and lease losses and the related allowance, determinat ion of impaired loans and the related measurement of impairment, potential impairment of goodwill or other intangible assets, valuation of investment securities and the determination of whether impaired securities are other-than-temporarily impaired, valua tion of other real estate owned, prepayment rates, valuation of share-based compensation, the assessment that a liability should be recognized with respect to any matters under litigation, the calculation of current and deferred income taxes and the actuar ial projections related to pension expense and the related liability. Cash Flows For purposes of reporting cash flows, cash and cash equivalents include cash and due from banks, federal funds sold and interest-bearing deposits with banks (items with state d original maturity of three months or less). Pending Accounting Pronouncements The FASB issued Update No. 2014-09 in May 2014 that provides accounting guidance for all revenue arising from contracts with customers and affects all entities that enter into contracts to provide goods or services to customers. The guidance also provides for a model for the measurement and recognition of gains and losses on the sale of certain nonfinancial assets, such as property and equipment, including real estate. This standard may affect an entity’s financial statements, business processes and internal control over financial reporting. The guidance is effective for the first interim or annual period beginning after December 15, 2017. The guidance must be adopted using either a full retrospective approach for all periods presented in the period of adoption or a modified retrospective approach. The Company is assessing this guidance to determine its impact on the Company’s financial position, results of operations and cas h flows. The FASB issued Update No. 2016-01 in January 2016. This guidance requires entities to measure equity investments at fair value and recognize changes on fair value in net income. The guidance also provides a new measurement alternative for equit y investments that don’t have readily determinable fair values and don’t qualify for the net asset value practical expedient. Entities will have to record changes in instrument –specific credit risk for financial liabilities measured under the fair value o ption in other comprehensive income, except for certain financial liabilities of consolidated collateralized financing entities. Entities will also have to reassess the realizability of a deferred tax asset related to an available-for-sale debt security in combination with their other deferred tax assets. For public entities, the guidance in this update is effective for the first interim or annual period beginning after December 15, 2017. Early adoption by public entities is permitted as of the beginning of the year of adoption for selected amendments by a cumulative effect adjustment to the balance sheet. The adoption of this standard is not expected to have a material impact on the Company’s financial position, results of operations or cash flows. The FASB issued Update No. 2016-02 in February 2016. Under this guidance lessees are required to record most leases on their balance sheets but recognize expenses in the income statement. The guidance also eliminates the current real estate-specific provision and changes the guidance on sale-leaseback transactions, initial direct costs and lease executory costs. With respect to lessors, the guidance modifies the classification criteria and the accounting for sales-type and direct financing leases. All entities will classify leases to determine how to recognize lease-related revenue and expense. In applying this guidance entities will also need to determine whether an arrangement contains a lease or service agreement. Disclosures are required by lessees and lessors t o meet the objective of enabling users of financials statements to assess the amount, timing, and uncertainty of cash flows arising from leases. For public entities, this guidance is effective for the first interim or annual period beginning after December 15, 2018. Early adoption is permitted. Entities are required to use a modified retrospective approach for leases that exist or are entered into after the beginning of the earliest comparative period in the financial statements. The Company is assessing th is guidance to determine its impact on the Company’s financial position, results of operations and cash flows. The FASB issued Update No. 2016-08 in March 2016. This guidance is intended to clarify a potential implementation issue with respect to determini ng whether an entity is a principal or an agent in an arrangement. The guidance provides indicators to assist in this evaluation when another party is involved in the arrangement to identify which party is the principal and which party is the agent. The ef fective date for this guidance is the same as the effective date of Update 2014-09, Revenue from Contracts with Customers. The adoption of this standard is not expected to have a material impact on the Company’s financial position, results of operations or cash flows. The FASB issued Update No. 2016-09 in March 2016. This guidance requires recognition of all income tax effects of stock awards in the income statement when such awards vest or are settled. In addition, it revises the existing guidance to allow employers to withhold more of an employee’s shares to satisfy the employer’s statutory withholding requirements and still qualify for equity accounting treatment. Finally, an entity will now be allowed to make an entity-wide accounting policy election to either estimate the number or awards that are expected to vest, as required in the current guidance, or account for forfeitures as they occur. For public entities, this guidance is effective for the first interim or annual period beginning after December 15, 2016. Early adoption is permitted. The Company is assessing this guidance to determine its impact on the Company’s financial position, results of operations and cash flows. The FASB issued Update No. 2016-13 in June 2016. This guidance changes the impairment model for most financial assets measured at amortized cost and certain other instruments. Entities will be required to use a model to estimate expected losses on a forward-looking basis that will result in earlier recognition of loss allowances in most instances. Credit losses related to available-for-sale debt securities will be measured in a manner similar to the present, except that such losses will be recorded as allowances rather than as reductions in the amortized cost of the related securities. With respect to trade and other receivables, loans, held-to-maturity debt securities, net investments in leases and off-balance-sheet credit exposures, the guidance requires that an entity estimate its lifetime expected credit loss and record an allowance resulting in the net amount expected to be collected to be reflected as the financial asset. Entities are also required to provide significantly more disclosures, including information used to track credit quality by year of origination for most financing receivables. This guidance is effective for public business entities for the first interim or annual period beginning after December 15, 2019. The standard’s provisions will be applied as a cumulative-effect adjustment to retained earnings as of the beginning of the first reporting period in which the guidance is effective. Early adoption by public business entities is permitted for the first interim or annual period beginning after December 15, 2018. The Company is assessing this guidance to determine its impact on the Company’s financial position, results of operations and cash flows.

INVESTMENTS

INVESTMENTS	6 Months Ended
	Jun. 30, 2016
Investments [Abstract]
INVESTMENTS	Note 2 – Investments Investments available-for-sale The amortized cost and estimated fair values of investments available-for-sale at the dates indicated are presented in the following table: June 30, 2016 December 31, 2015 Gross Gross Estimated Gross Gross Estimated Amortized Unrealized Unrealized Fair Amortized Unrealized Unrealized Fair (In thousands) Cost Gains Losses Value Cost Gains Losses Value U.S. government agencies $ 79,741 $ 50 $ - $ 79,791 $ 109,602 $ 132 $ (1,334) $ 108,400 State and municipal 290,152 15,043 (35) 305,160 156,402 8,305 - 164,707 Mortgage-backed 303,959 7,327 (97) 311,189 312,846 6,396 (2,546) 316,696 Corporate debt 2,100 16 - 2,116 - - - - Trust preferred 1,089 - (82) 1,007 1,089 - (66) 1,023 Total debt securities 677,041 22,436 (214) 699,263 579,939 14,833 (3,946) 590,826 Marketable equity securities 1,223 - - 1,223 1,223 - - 1,223 Total investments available-for-sale $ 678,264 $ 22,436 $ (214) $ 700,486 $ 581,162 $ 14,833 $ (3,946) $ 592,049 Any unrealized losses in the U.S. government agencies, state and municipal, mortgage-backed or corporate debt investment securities at June 30, 2016 are not the result of credit related events but due to changes in interest rates. These declines are considered temporary in nature and are expected to decline over time and recover as these securities approach maturity. The mortgage-backed securities portfolio at June 30, 2016 is composed entirely of either the most senior tranches o f GNMA, FNMA or FHLMC collaterali zed mortgage obligations ($119.6 million), or GNMA, FNMA or FHLMC mo rtgage-backed securities ($191.6 million). The Company does not currently intend to sell these securities and has sufficient liquidity to hold these secur ities for an adequate period of time, which may be maturity, to allow for any anticipated recovery in fair value. During the first quarter of 2016, the Company transferred its investments held-to-maturity portfolio, which totaled $203.1 million, to the available-for-sale portfolio. At the time of the transfer, these investments had an unrealized gain of $4.6 million . The Company made this transfer to provide additional liquidity to fund future loan growth and other corporate activities. At June 30, 2016 the trust preferred portfolio consisted of one pooled trust preferred security. The pooled trust preferred security, which is backed by debt issued b y banks and thrifts, totals $1.1 million with a fair value of $1.0 million. The fair value of this secur ity was determined by management through the use of a third party valuation specialist due to the limited trading activity for this security. As a result of this evaluation, it was determined that the pooled trust preferred security had not incurred any credit-related other-than-temporary impairment (“OTTI”) for the quarter ended June 30, 2016 . The unrealized loss on this security that is recognized in other comprehensive income (“OCI”) and is not expected to be sold and which the Company has the ability to hold until maturity, was $ 0.1 million at June 30, 2016 . The following table provides the activity of OTTI on investment securities due to credit losses recognized in earnings for the period indicated: (In thousands) OTTI Losses Cumulative credit losses on investment securities, through December 31, 2015 $ 531 Additions for credit losses not previously recognized - Cumulative credit losses on investment securities, through June 30, 2016 $ 531 Gross unrealized losses and fair value by length of time that the individual available-for-sale securities have been in an unrealized loss position at the dates indicated are presented in the following table: June 30, 2016 Continuous Unrealized Losses Existing for: Number Total of Less than More than Unrealized (Dollars in thousands) Securities Fair Value 12 months 12 months Losses State and municipal 3 $ 15,994 $ 2 $ 33 $ 35 Mortgage-backed 5 12,570 73 24 97 Trust preferred 1 1,006 - 82 82 Total 9 $ 29,570 $ 75 $ 139 $ 214 December 31, 2015 Continuous Unrealized Losses Existing for: Number Total of Less than More than Unrealized (Dollars in thousands) Securities Fair Value 12 months 12 months Losses U.S. government agencies 7 $ 78,555 $ 1,020 $ 314 $ 1,334 Mortgage-backed 26 140,556 716 1,830 2,546 Trust preferred 1 1,023 - 66 66 Total 34 $ 220,134 $ 1,736 $ 2,210 $ 3,946 The amortized cost and estimated fair values of debt securities available-for-sale by contractual maturity at the dates indicated are provided in the following table. The Company has allocated mortgage-backed securities into the four maturity groupings reflected in the following table using the expected av erage life of the individual securities based on statistics provided by independent third party industry sources. Expected maturities will differ from contractual maturities as borrowers may have the right to prepay obligations with o r without prepayment penalties. June 30, 2016 December 31, 2015 Estimated Estimated Amortized Fair Amortized Fair (In thousands) Cost Value Cost Value Due in one year or less $ 3,179 $ 3,234 $ 301 $ 306 Due after one year through five years 152,318 159,496 157,710 160,257 Due after five years through ten years 247,172 256,946 168,136 174,677 Due after ten years 274,372 279,587 253,792 255,586 Total debt securities available for sale $ 677,041 $ 699,263 $ 579,939 $ 590,826 At June 30, 2016 and December 31, 2015 , investments available-for-sale with a book va lue of $476.5 million and $233.2 million, respectively, were pledged as collateral for certain government deposits and for other purposes as required or permitted by law. The outstanding balance of no single issuer, except for U.S. Agencies securities, exceeded ten percent of stockholders' equity at June 30, 2016 and December 31, 2015 . Investments held-to-maturity The amortized cost and estimated fair values of investments held-to-maturity at the dates indicated are presented in the following table: December 31, 2015 Gross Gross Estimated Amortized Unrealized Unrealized Fair (In thousands) Cost Gains Losses Value U.S. government agencies $ 56,460 $ - $ (733) $ 55,727 State and municipal 149,537 4,297 (148) 153,686 Mortgage-backed 168 23 - 191 Corporate debt 2,100 - - 2,100 Total investments held-to-maturity $ 208,265 $ 4,320 $ (881) $ 211,704 Gross unrealized losses and fair value by length of time that the individual held-to-maturity securities have been in a continuous unrealized loss position at the dates indicated are presented in the following tables: December 31, 2015 Continuous Unrealized Losses Existing for: Number Total of Less than More than Unrealized (Dollars in thousands) Securities Fair Value 12 months 12 months Losses U.S. government agencies 6 $ 55,727 $ 456 $ 277 $ 733 State and municipal 11 12,369 23 125 148 Total 17 $ 68,096 $ 479 $ 402 $ 881 The amortized cost and estimated fair values of debt securities held-to-maturity by contractual maturity at the dates indicated are reflected in the following table. Expected maturities will differ from contractual maturities as borrowers may have the right to prepay obligations with or without prepayment penalties. December 31, 2015 Estimated Amortized Fair (In thousands) Cost Value Due in one year or less $ 845 $ 853 Due after one year through five years 19,217 20,041 Due after five years through ten years 163,125 165,620 Due after ten years 25,078 25,190 Total debt securities held-to-maturity $ 208,265 $ 211,704 At December 31, 2015 , investments held-to-maturity with a book va lue of $194.3 million, respectively, were pledged as collateral for certain government deposits and for other purposes as required or permitted by law. The outstanding balance of no single issuer, except for U.S. Agency securities, exceeded ten percent of stockholders' equity at December 31, 2015 . Equity securities Other equity securities at the dates indicated are presented in the following table: (In thousands) June 30, 2016 December 31, 2015 Federal Reserve Bank stock $ 8,269 $ 8,269 Federal Home Loan Bank of Atlanta stock 26,073 33,067 Total equity securities $ 34,342 $ 41,336

LOANS AND LEASES

LOANS AND LEASES	6 Months Ended
	Jun. 30, 2016
Receivables [Abstract]
LOANS AND LEASES	Note 3 – Loans and Leases Outstanding loan balances at June 30, 2016 and December 31, 2015 are net of unearned income including net deferred loan costs of $1.0 million and $1.1 million, respectively. The loan portfolio segment balances at the dates indicated are pre sented in the following table: (In thousands) June 30, 2016 December 31, 2015 Residential real estate: Residential mortgage $ 820,618 $ 796,358 Residential construction 142,710 129,281 Commercial real estate: Commercial owner occupied real estate 700,599 678,027 Commercial investor real estate 824,252 719,084 Commercial acquisition, development and construction 285,585 255,980 Commercial business 451,711 465,765 Consumer 447,149 450,875 Total loans and leases $ 3,672,624 $ 3,495,370

CREDIT QUALITY ASSESSMENT

CREDIT QUALITY ASSESSMENT	6 Months Ended
	Jun. 30, 2016
Credit Quality Assessment [Abstract]
CREDIT QUALITY ASSESSMENT	Note 4 – CREDIT QUALITY ASSESSMENT Allowance for Loan and Lease Losses Summary information on the allowance for loan and lease loss activity for the period indicated is provided in the following table: Six Months Ended June 30, (In thousands) 2016 2015 Balance at beginning of year $ 40,895 $ 37,802 Provision for loan and lease losses 4,193 1,815 Loan and lease charge-offs (2,272) (1,837) Loan and lease recoveries 568 933 Net charge-offs (1,704) (904) Balance at period end $ 43,384 $ 38,713 The following tables provide information on the activity in the allowance for loan and lease losses by the respective loan portfolio segment for the period indicated: For the Six Months Ended June 30, 2016 Commercial Real Estate Residential Real Estate Commercial Commercial Commercial Commercial Owner Residential Residential (Dollars in thousands) Business AD&C Investor R/E Occupied R/E Leasing Consumer Mortgage Construction Total Balance at beginning of year $ 6,529 $ 4,691 $ 10,440 $ 7,984 $ - $ 3,456 $ 6,901 $ 894 $ 40,895 Provision (credit) 767 354 1,478 91 - (145) 1,660 (12) 4,193 Charge-offs (185) (48) (197) - - (508) (1,334) - (2,272) Recoveries 12 - 112 4 - 90 330 20 568 Net charge-offs (173) (48) (85) 4 - (418) (1,004) 20 (1,704) Balance at end of period $ 7,123 $ 4,997 $ 11,833 $ 8,079 $ - $ 2,893 $ 7,557 $ 902 $ 43,384 Total loans and leases $ 451,711 $ 285,585 $ 824,252 $ 700,599 $ - $ 447,149 $ 820,618 $ 142,710 $ 3,672,624 Allowance for loans and leases to total loans and leases ratio 1.58% 1.75% 1.44% 1.15% na. 0.65% 0.92% 0.63% 1.18% Balance of loans specifically evaluated for impairment $ 5,517 $ 137 $ 9,720 $ 6,424 $ na. $ na. $ 3,322 $ - $ 25,120 Allowance for loans specifically evaluated for impairment $ 1,951 $ - $ 1,274 $ 553 $ na. $ na. $ - $ - $ 3,778 Specific allowance to specific loans ratio 35.36% 0.00% 13.11% 8.61% na. na. na. na. 15.04% Balance of loans collectively evaluated $ 446,194 $ 285,448 $ 814,532 $ 694,175 $ na. $ 447,149 $ 817,296 $ 142,710 $ 3,647,504 Allowance for loans collectively evaluated $ 5,172 $ 4,997 $ 10,559 $ 7,526 $ na. $ 2,893 $ 7,557 $ 902 $ 39,606 Collective allowance to collective loans ratio 1.16% 1.75% 1.30% 1.08% na. 0.65% 0.92% 0.63% 1.09% For the Year Ended December 31,2015 Commercial Real Estate Residential Real Estate Commercial Commercial Commercial Commercial Owner Residential Residential (Dollars in thousands) Business AD&C Investor R/E Occupied R/E Leasing Consumer Mortgage Construction Total Balance at beginning of year $ 5,852 $ 4,267 $ 9,784 $ 7,143 $ 9 $ 3,592 $ 6,232 $ 923 $ 37,802 Provision (credit) 508 583 727 1,881 (5) 619 1,138 (80) 5,371 Charge-offs (306) (739) (91) (1,043) (4) (998) (614) - (3,795) Recoveries 475 580 20 3 - 243 145 51 1,517 Net charge-offs 169 (159) (71) (1,040) (4) (755) (469) 51 (2,278) Balance at end of period $ 6,529 $ 4,691 $ 10,440 $ 7,984 $ - $ 3,456 $ 6,901 $ 894 $ 40,895 Total loans and leases $ 465,765 $ 255,980 $ 719,084 $ 678,027 $ - $ 450,875 $ 796,358 $ 129,281 $ 3,495,370 Allowance for loans and leases to total loans and leases ratio 1.40% 1.83% 1.45% 1.18% na. 0.77% 0.87% 0.69% 1.17% Balance of loans specifically evaluated for impairment $ 5,273 $ 194 $ 10,441 $ 6,580 $ na. $ na. $ 6,439 $ - $ 28,927 Allowance for loans specifically evaluated for impairment $ 1,318 $ 58 $ 1,489 $ 510 $ na. $ na. $ - $ - $ 3,375 Specific allowance to specific loans ratio 25.00% 29.90% 14.26% 7.75% na. na. na. na. 11.67% Balance of loans collectively evaluated $ 460,492 $ 255,786 $ 708,643 $ 671,447 $ na. $ 450,875 $ 789,919 $ 129,281 $ 3,466,443 Allowance for loans collectively evaluated $ 5,211 $ 4,633 $ 8,951 $ 7,474 $ na. $ 3,456 $ 6,901 $ 894 $ 37,520 Collective allowance to collective loans ratio 1.13% 1.81% 1.26% 1.11% na. 0.77% 0.87% 0.69% 1.08% The following table provides summary information regarding impaired loans at the dates indicated and for the periods then ended: (In thousands) June 30, 2016 December 31, 2015 Impaired loans with a specific allowance $ 12,018 $ 14,208 Impaired loans without a specific allowance 13,102 14,719 Total impaired loans $ 25,120 $ 28,927 Allowance for loan and lease losses related to impaired loans $ 3,778 $ 3,375 Allowance for loan and lease losses related to loans collectively evaluated 39,606 37,520 Total allowance for loan and lease losses $ 43,384 $ 40,895 Average impaired loans for the period $ 27,840 $ 29,828 Contractual interest income due on impaired loans during the period $ 1,099 $ 2,527 Interest income on impaired loans recognized on a cash basis $ 507 $ 961 Interest income on impaired loans recognized on an accrual basis $ 119 $ 274 The following tables present the recorded investment with respect to impaired loans, the associated allowance by the applicable portfolio segment and the principal balance of the impaired loans prior to amounts charged-off at the dates indicated: June 30, 2016 Commercial Real Estate Total Recorded Commercial All Investment in Commercial Commercial Owner Other Impaired (In thousands) Commercial AD&C Investor R/E Occupied R/E Loans Loans Impaired loans with a specific allowance Non-accruing $ 1,559 $ - $ 7,161 $ 1,733 $ - $ 10,453 Restructured accruing 841 - - - - 841 Restructured non-accruing 85 - - 639 - 724 Balance $ 2,485 $ - $ 7,161 $ 2,372 $ - $ 12,018 Allowance $ 1,951 $ - $ 1,274 $ 553 $ - $ 3,778 Impaired loans without a specific allowance Non-accruing $ 1,189 $ - $ 658 $ 1,985 $ - $ 3,832 Restructured accruing 413 - 852 746 568 2,579 Restructured non-accruing 1,430 137 1,049 1,321 2,754 6,691 Balance $ 3,032 $ 137 $ 2,559 $ 4,052 $ 3,322 $ 13,102 Total impaired loans Non-accruing $ 2,748 $ - $ 7,819 $ 3,718 $ - $ 14,285 Restructured accruing 1,254 - 852 746 568 3,420 Restructured non-accruing 1,515 137 1,049 1,960 2,754 7,415 Balance $ 5,517 $ 137 $ 9,720 $ 6,424 $ 3,322 $ 25,120 Unpaid principal balance in total impaired loans $ 7,791 $ 4,398 $ 14,387 $ 8,785 $ 4,001 $ 39,362 June 30, 2016 Commercial Real Estate Total Recorded Commercial All Investment in Commercial Commercial Owner Other Impaired (In thousands) Commercial AD&C Investor R/E Occupied R/E Loans Loans Average impaired loans for the period $ 5,289 $ 159 $ 10,035 $ 6,967 $ 5,390 $ 27,840 Contractual interest income due on impaired loans during the period $ 278 $ 144 $ 384 $ 207 $ 86 Interest income on impaired loans recognized on a cash basis $ 72 $ - $ 10 $ 404 $ 21 Interest income on impaired loans recognized on an accrual basis $ 65 $ - $ 15 $ 18 $ 21 December 31, 2015 Commercial Real Estate Total Recorded Commercial All Investment in Commercial Commercial Owner Other Impaired (In thousands) Commercial AD&C Investor R/E Occupied R/E Loans Loans Impaired loans with a specific allowance Non-accruing $ 1,168 $ 58 $ 7,791 $ 3,519 $ - $ 12,536 Restructured accruing 876 - - - - 876 Restructured non-accruing 156 - - 640 - 796 Balance $ 2,200 $ 58 $ 7,791 $ 4,159 $ - $ 14,208 Allowance $ 1,318 $ 58 $ 1,489 $ 510 $ - $ 3,375 Impaired loans without a specific allowance Non-accruing $ 974 $ - $ 518 $ 793 $ 2,750 $ 5,035 Restructured accruing 701 - 2,073 240 577 3,591 Restructured non-accruing 1,398 136 59 1,388 3,112 6,093 Balance $ 3,073 $ 136 $ 2,650 $ 2,421 $ 6,439 $ 14,719 Total impaired loans Non-accruing $ 2,142 $ 58 $ 8,309 $ 4,312 $ 2,750 $ 17,571 Restructured accruing 1,577 - 2,073 240 577 4,467 Restructured non-accruing 1,554 136 59 2,028 3,112 6,889 Balance $ 5,273 $ 194 $ 10,441 $ 6,580 $ 6,439 $ 28,927 Unpaid principal balance in total impaired loans $ 7,158 $ 4,456 $ 15,138 $ 8,555 $ 7,154 $ 42,461 December 31, 2015 Commercial Real Estate Total Recorded Commercial All Investment in Commercial Commercial Owner Other Impaired (In thousands) Commercial AD&C Investor R/E Occupied R/E Loans Loans Average impaired loans for the period $ 4,714 $ 882 $ 11,145 $ 8,218 $ 4,869 $ 29,828 Contractual interest income due on impaired loans during the period $ 450 $ 304 $ 918 $ 647 $ 208 Interest income on impaired loans recognized on a cash basis $ 273 $ 11 $ 226 $ 347 $ 104 Interest income on impaired loans recognized on an accrual basis $ 113 $ - $ 107 $ 11 $ 43 Credit Quality The following tables provide information on the credit quality of the loan portfolio by segment at the dates indicated: June 30, 2016 Commercial Real Estate Residential Real Estate Commercial Commercial Commercial Owner Residential Residential (In thousands) Commercial AD&C Investor R/E Occupied R/E Leasing Consumer Mortgage Construction Total Non-performing loans and assets: Non-accrual loans and leases $ 4,263 $ 137 $ 8,868 $ 5,678 $ - $ 2,600 $ 6,186 $ 202 $ 27,934 Loans and leases 90 days past due - - - - - 2 - - 2 Restructured loans and leases 1,254 - 852 746 - - 568 - 3,420 Total non-performing loans and leases 5,517 137 9,720 6,424 - 2,602 6,754 202 31,356 Other real estate owned 39 365 433 - - - 474 - 1,311 Total non-performing assets $ 5,556 $ 502 $ 10,153 $ 6,424 $ - $ 2,602 $ 7,228 $ 202 $ 32,667 December 31, 2015 Commercial Real Estate Residential Real Estate Commercial Commercial Commercial Owner Residential Residential (In thousands) Commercial AD&C Investor R/E Occupied R/E Leasing Consumer Mortgage Construction Total Non-performing loans and assets: Non-accrual loans and leases $ 3,696 $ 194 $ 8,368 $ 6,340 $ - $ 2,193 $ 8,822 $ 418 $ 30,031 Loans and leases 90 days past due - - - - - - - - - Restructured loans and leases 1,577 - 2,073 240 - - 577 - 4,467 Total non-performing loans and leases 5,273 194 10,441 6,580 - 2,193 9,399 418 34,498 Other real estate owned 39 365 433 - - 690 1,215 - 2,742 Total non-performing assets $ 5,312 $ 559 $ 10,874 $ 6,580 $ - $ 2,883 $ 10,614 $ 418 $ 37,240 June 30, 2016 Commercial Real Estate Residential Real Estate Commercial Commercial Commercial Owner Residential Residential (In thousands) Commercial AD&C Investor R/E Occupied R/E Leasing Consumer Mortgage Construction Total Past due loans and leases 31-60 days $ 569 $ - $ 226 $ 573 $ - $ 1,010 $ 4,899 $ - $ 7,277 61-90 days 858 - - 1,407 - 931 2,787 - 5,983 > 90 days - - - - - 2 - - 2 Total past due 1,427 - 226 1,980 - 1,943 7,686 - 13,262 Non-accrual loans and leases 4,263 137 8,868 5,678 - 2,600 6,186 202 27,934 Loans acquired with deteriorated credit quality 542 - - 265 - - - - 807 Current loans 445,479 285,448 815,158 692,676 - 442,606 806,746 142,508 3,630,621 Total loans and leases $ 451,711 $ 285,585 $ 824,252 $ 700,599 $ - $ 447,149 $ 820,618 $ 142,710 $ 3,672,624 December 31, 2015 Commercial Real Estate Residential Real Estate Commercial Commercial Commercial Owner Residential Residential (In thousands) Commercial AD&C Investor R/E Occupied R/E Leasing Consumer Mortgage Construction Total Past due loans and leases 31-60 days $ 119 $ - $ 616 $ 1,819 $ - $ 1,642 $ 2,602 $ - $ 6,798 61-90 days 404 - 2,200 849 - 550 986 - 4,989 > 90 days - - - - - - - - - Total past due 523 - 2,816 2,668 - 2,192 3,588 - 11,787 Non-accrual loans and leases 3,696 194 8,368 6,340 - 2,193 8,822 418 30,031 Loans acquired with deteriorated credit quality 544 - - 307 - - - - 851 Current loans 461,002 255,786 707,900 668,712 - 446,490 783,948 128,863 3,452,701 Total loans and leases $ 465,765 $ 255,980 $ 719,084 $ 678,027 $ - $ 450,875 $ 796,358 $ 129,281 $ 3,495,370 The following tables provide information by credit risk rating indicators for each segment of the commercial loan portfolio at the dates indicated: June 30, 2016 Commercial Real Estate Commercial Commercial Commercial Owner (In thousands) Commercial AD&C Investor R/E Occupied R/E Total Pass $ 428,399 $ 285,448 $ 813,148 $ 684,548 $ 2,211,543 Special Mention 7,665 - 913 3,676 12,254 Substandard 15,647 137 10,191 12,375 38,350 Doubtful - - - - - Total $ 451,711 $ 285,585 $ 824,252 $ 700,599 $ 2,262,147 December 31, 2015 Commercial Real Estate Commercial Commercial Commercial Owner (In thousands) Commercial AD&C Investor R/E Occupied R/E Total Pass $ 447,439 $ 255,786 $ 706,623 $ 659,281 $ 2,069,129 Special Mention 797 - 1,509 3,356 5,662 Substandard 17,529 194 10,952 15,390 44,065 Doubtful - - - - - Total $ 465,765 $ 255,980 $ 719,084 $ 678,027 $ 2,118,856 Homogeneous loan pools do not have individual loans subjected to internal risk ratings therefore, the credit indicator applied to these pools is based on their delinquency status. The following tables provide information by credit risk rating indicators for those remaining segments of the loan portfolio at the dates indicated: June 30, 2016 Residential Real Estate Residential Residential (In thousands) Leasing Consumer Mortgage Construction Total Performing $ - $ 444,547 $ 813,864 $ 142,508 $ 1,400,919 Non-performing: 90 days past due - 2 - - 2 Non-accruing - 2,600 6,186 202 8,988 Restructured loans and leases - - 568 - 568 Total $ - $ 447,149 $ 820,618 $ 142,710 $ 1,410,477 December 31, 2015 Residential Real Estate Residential Residential (In thousands) Leasing Consumer Mortgage Construction Total Performing $ - $ 448,682 $ 786,959 $ 128,863 $ 1,364,504 Non-performing: 90 days past due - - - - - Non-accruing - 2,193 8,822 418 11,433 Restructured loans and leases - - 577 - 577 Total $ - $ 450,875 $ 796,358 $ 129,281 $ 1,376,514 During the six months ended June 30, 2016 , the Company restructured $0.6 million in loan s . No modifications resulted in the redu ction of the principal in the associated loan balances. Restructured loans are subject to periodic credit reviews to determine the necessity and adequacy of a specific loan loss allowance based on the collectability of the recorded investment in the restructured loan. Loans r estructured during 2016 have specific reserves that were insignificant at June 30, 2016 . For the year ended December 31, 2015 , the Company restructured $1.9 million in loans. Modifications consisted principally of interest rate concessions and no mod ifications resulted in the reduction of the recorded investment in the associated loan balances. Loans restructured during 2015 had specific reserves of $0.5 million at December 31, 2015 . Commitments to lend additional funds on loans that have been re structured at June 30, 2016 and December 31, 2015 amounted to $0. 2 million and $0.1 million, respectively . The following table provides the amounts of the restructured loans at the date of restructuring for specific segments of the loan portfolio during the period indicated: For the Six Months Ended June 30, 2016 Commercial Real Estate Commercial All Commercial Commercial Owner Other (In thousands) Commercial AD&C Investor R/E Occupied R/E Loans Total Troubled debt restructurings Restructured accruing $ 42 $ - $ - $ 507 $ - $ 549 Restructured non-accruing 21 - - - - 21 Balance $ 63 $ - $ - $ 507 $ - $ 570 Specific allowance $ 60 $ - $ - $ - $ - $ 60 Restructured and subsequently defaulted $ - $ - $ - $ - $ - $ - For the Year Ended December 31, 2015 Commercial Real Estate Commercial All Commercial Commercial Owner Other (In thousands) Commercial AD&C Investor R/E Occupied R/E Loans Total Troubled debt restructurings Restructured accruing $ 1,003 $ - $ - $ 240 $ - $ 1,243 Restructured non-accruing - - - 639 - 639 Balance $ 1,003 $ - $ - $ 879 $ - $ 1,882 Specific allowance $ 303 $ - $ - $ 149 $ - $ 452 Restructured and subsequently defaulted $ - $ - $ - $ - $ - $ - Other Real Estate Owned Other real estate own ed totaled $1. 3 million and $2.7 million at June 30, 2016 and December 31, 2015 , respectively .

GOODWILL AND OTHER INTANGIBLE A

GOODWILL AND OTHER INTANGIBLE ASSETS	6 Months Ended
	Jun. 30, 2016
Goodwill and Intangible Assets Disclosure [Abstract]
GOODWILL AND OTHER INTANGIBLE ASSETS	Note 5 – Goodwill and Other Intangible Assets The gross carrying amounts and accumulated amortization of intangible assets and goodwill are presented at the dates indicated in the following table: June 30, 2016 Weighted December 31, 2015 Weighted Gross Net Average Gross Net Average Carrying Accumulated Carrying Remaining Carrying Accumulated Carrying Remaining (Dollars in thousands) Amount Amortization Amount Life Amount Amortization Amount Life Amortizing intangible assets: Other identifiable intangibles $ 8,623 $ (8,546) $ 77 2.3 years $ 8,623 $ (8,485) $ 138 2.0 years Total amortizing intangible assets $ 8,623 $ (8,546) $ 77 $ 8,623 $ (8,485) $ 138 Goodwill $ 84,171 $ 84,171 $ 84,171 $ 84,171 The following table presents the estimated future amortization expense for amortizing intangible assets within the years ending December 31: (In thousands) Amount 2016 $ 34 2017 16 2018 16 2019 11 Total amortizing intangible assets $ 77

DEPOSITS

DEPOSITS	6 Months Ended
	Jun. 30, 2016
Deposits [Abstract]
DEPOSITS	Note 6 – Deposits The following table presents the composition of deposits at the dates indicated: (In thousands) June 30, 2016 December 31, 2015 Noninterest-bearing deposits $ 1,176,135 $ 1,001,841 Interest-bearing deposits: Demand 574,894 570,333 Money market savings 886,038 898,655 Regular savings 302,677 284,457 Time deposits of less than $100,000 259,962 248,172 Time deposits of $100,000 or more 310,435 260,272 Total interest-bearing deposits 2,334,006 2,261,889 Total deposits $ 3,510,141 $ 3,263,730

STOCKHOLDERS' EQUITY

STOCKHOLDERS' EQUITY	6 Months Ended
	Jun. 30, 2016
Stockholders' Equity Note [Abstract]
STOCKHOLDERS EQUITY	Note 7 – Stockholders’ Equity The Company re-approved a stock r epurchase program in August 2015 that permits the repurchase of up to 5% of the Company’s outstanding shares of co mmon stock or approximately 1.2 million shares. Repurchases, which will be conducted through open market purchases or privately negotiated transactions, will be made depending on market conditions and other factors. During the first six months of 2016, the Company repurchased 512,459 shares a t an average cost of $25.90 per share or a total of $13.3 million.

SHARE BASED COMPENSATION

SHARE BASED COMPENSATION	6 Months Ended
	Jun. 30, 2016
Share Based Compensation [Abstract]
SHARE BASED COMPENSATION	Note 8 – Share Based Compensation At June 30, 2016 , the Company had two share based compensation plans in existence, the 2005 Omnibus Stock Plan (“Omnibus Stock Plan”) and the 2015 Omnibus Incentive Plan (“Omnibus Incentive Plan”). The Omnibus Stock Plan expired during the second quarter of 2015 but has outstanding options that may still be exercised. The Omnibus Incentive Plan is described in the following paragraph. The Co mpany’s Omnibus Incentive Plan was approved on May 6, 2015 and provides for the granting of incentive stock options, non-qualifying stock options , stock appreci ation rights , restricted stock grants , restricted stock units and performance awards to selected employees on a periodic basis at the discretion of the board. The Omnibus Incentive Plan auth orizes the issuance of up to 1,5 00,000 shares of common stock, of which 1,401,306 are available for issuance at June 30, 2016 , has a term of ten years, and is administered by a committee of at least three directors appointed by the board of directors. Options granted under the plan have an exercise price which may not be less than 100% of the fair market value of the common stock on the date of the grant and must be exercised within seven to ten years from the date of grant. The exercise price of stock options must be paid for in full in cash or shares of common stock, or a combination of both. The board committee has the discretion when making a grant of stock options to impose restrictions on the shares to be purchased upo n the exercise of such options. T he Company generally issues authorized but previously unissued shares to satisfy option exercises. The fair values of all of the options granted for the periods indicated have been estimated using a binomial option-pricing model with the weighted-average assumptions for the periods shown are presented in the follo win g table: Six Months Ended June 30, 2016 2015 Dividend yield 3.48 % 3.40 % Weighted average expected volatility 41.54 % 42.98 % Weighted average risk-free interest rate 1.42 % 1.42 % Weighted average expected lives (in years) 5.71 5.42 Weighted average grant-date fair value $7.75 $7.63 The dividend yield is based on estimated future dividend yields. The risk-free rate for periods within the contractual term of the share option is based on the U.S. Treasury yield curve in effect at the time of the grant. Expected volatilities are generally based on historical volatilities. The expected term of share options granted is generally derived from historical experience. Compensation expense is recognized on a straight-line basis over the vesting period of the respective stock option or restricted stock grant. The Company recognized compensation expense of $0.5 million and $0.4 million for the three months ended June 30, 2016 and 2015 , respectively, related to the awards of stock options and restricted stock grants. Compensation expense of $0.9 million and $0.9 million was recognized for the six months ended June 30, 2016 an d 2015 , respectively. The intrinsic value of stock options exercised in the six months ended June 30, 2016 and 2015 was $0.4 million and $0.3 m illion, respectively. The total of unrecognized compensation cost related to stock options was approximately $0.3 million as of June 30, 2016 . That cost is expected to be recognized over a weighted average period of approximately 2.2 years . The total of u nrecognized compensation cost related to restric ted stock was approximately $5.0 million as of June 30, 2016 . That cost is expected to be recognized over a weighted average period of approximately 3.4 years . The fair value of the options vested during the six months ended June 30, 2016 and 2015 , was not significant . In the first quarter of 2016 , 21,238 stock options were granted, subject to a three year vesting schedule with one third of the options vesting on April 1 st of each year . The Company granted 78,081 shares of restricted stock in the first quarter of 2016 , 10,010 shares are subject to a three year vesting schedule with one third of the shares vesting each year and 59,298 shares are subject to a five year vesting schedule with one fifth of the shares vesting each year. All of these restricted shares will vest on April 1 st of each year . An additional 8,773 shares of performance based restricted stock grants were also approved as part of the restricted shares granted in the first qu arter. The performance shares are subject to cliff vesting after three years based on the relative performance of the Company’s stock price in comparison to a selected peer group. Vesting can vary from 0-150% of the initial grant based on the results of the Company’s stock performance . A summary of share option activity for the period indicated is reflected in the following table: Weighted Number Weighted Average Aggregate of Average Contractual Intrinsic Common Exercise Remaining Value Shares Share Price Life (Years) (in thousands) Balance at January 1, 2016 134,131 $ 19.70 $ 974 Granted 21,238 $ 27.46 Exercised (28,941) $ 14.58 $ 371 Forfeited or expired (1,060) $ 25.06 Balance at June 30, 2016 125,368 $ 22.15 3.9 $ 853 Exercisable at June 30, 2016 83,798 $ 19.93 2.8 $ 765 Weighted average fair value of options granted during the year $ 7.75 A summary of the activity for the Company’s restricted stock for the period indicated is presented in the following table: Number Weighted of Average Common Grant-Date (In dollars, except share data): Shares Fair Value Restricted stock at January 1, 2016 218,571 $ 23.30 Granted 78,081 $ 27.42 Vested (73,975) $ 22.04 Forfeited (5,847) $ 24.26 Restricted stock at June 30, 2016 216,830 $ 25.19

PENSION, PROFIT SHARING, AND OT

PENSION, PROFIT SHARING, AND OTHER EMPLOYEE BENEFIT PLANS	6 Months Ended
	Jun. 30, 2016
Pension, Profit Sharing, and Other Employee Benefit Plans [Abstract]
PENSION, PROFIT SHARING, AND OTHER EMPLOYEE BENEFIT PLANS	Note 9 – Pension, Profit Sharing, and Other Employee Benefit Plans Defined Benefit Pension Plan The Company has a qualified, noncontributory, defined benefit pension plan (the “Plan”) covering substantially all employees. Benefits after January 1, 2005, are based on the benefit earned as of December 31, 2004, plus benefits earned in future years of service based on the employee’s compensation during each such year. All benefit accruals for employees were frozen as of December 31, 2007 bas ed on past service and thus salary increases and additional years of service after such date no longer affect the defined benefit provided by the plan although additional vesting may continue to occur. The Company's funding policy is to contribute amount s to the plan sufficient to meet the minimum funding requirements of the Employee Retirement Income Security Act of 1974 (“ERISA”), as amended. In addition, the Company contributes additional amounts as it deems appropriate based on benefits attributed to service prior to the date of the plan freeze. The Plan invests primarily in a diversified portfolio of managed fixed income and equity funds. The components of net periodic benefit cost for the periods indicated are presented in the following table: Three Months Ended June 30, Six Months Ended June 30, (In thousands) 2016 2015 2016 2015 Interest cost on projected benefit obligation $ 415 $ 407 $ 826 $ 817 Expected return on plan assets (375) (406) (747) (812) Recognized net actuarial loss 291 259 575 551 Net periodic benefit cost $ 331 $ 260 $ 654 $ 556 Contributions The decision as to whether or not to make a plan contribution and the amount of any such contribution is dependent on a number of factors. Such factors include the investment performance of the plan assets in the current economy and, since the plan is currently frozen, the remaining investment horizon of the plan. Given these uncertainties, management continues to monitor the funding level of the pension plan and may make contributions as necessary during 2016 .

NET INCOME PER COMMON SHARE

NET INCOME PER COMMON SHARE	6 Months Ended
	Jun. 30, 2016
Earnings Per Share [Abstract]
NET INCOME PER COMMON SHARE	Note 10 – Net Income per Common Share The calculation of net income per common share for the periods indicated is presented in the following table: Three Months Ended June 30, Six Months Ended June 30, (Dollars and amounts in thousands, except per share data) 2016 2015 2016 2015 Net income $ 10,647 $ 10,333 $ 21,460 $ 21,558 Basic: Basic weighted average EPS shares 23,865 24,626 23,920 24,776 Basic net income per share $ 0.45 $ 0.42 $ 0.90 $ 0.87 Diluted: Basic weighted average EPS shares 23,865 24,626 23,920 24,776 Dilutive common stock equivalents 244 64 246 92 Dilutive EPS shares 24,109 24,690 24,166 24,868 Diluted net income per share $ 0.44 $ 0.42 $ 0.89 $ 0.87 Anti-dilutive shares 7 8 6 8

OTHER COMPREHENSIVE INCOME (LOS

OTHER COMPREHENSIVE INCOME (LOSS)	6 Months Ended
	Jun. 30, 2016
Other Comprehensive Income Loss [Abstract]
OTHER COMPREHENSIVE INCOME (LOSS)	NOTE 11 – ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) Comprehensive income is defined as net income plus transactions and other occurrences that are the result of non-owner changes in equity. For condensed financial statements presented for the Company, non-owner changes in equity are comprised of unrealized gains or losses on available-for-sale debt securities and any minimum pension liability adjustments. These do not have an impact on the Company’s net income. The following table presents the activit y in net accumulated other comprehensive income (loss) and the components of the activity for the periods indicated: Unrealized Gains (Losses) on Investments Defined Benefit (In thousands) Available-for-Sale Pension Plan Total Balance at January 1, 2016 $ 6,566 $ (7,863) $ (1,297) Other comprehensive income before reclassification, net of tax 7,990 - 7,990 Reclassifications from accumulated other comprehensive income, net of tax (1,154) 347 (807) Current period change in other comprehensive income, net of tax 6,836 347 7,183 Balance at June 30, 2016 $ 13,402 $ (7,516) $ 5,886 Unrealized Gains (Losses) on Investments Defined Benefit (In thousands) Available-for-Sale Pension Plan Total Balance at January 1, 2015 $ 8,078 $ (8,901) $ (823) Other comprehensive income before reclassification, net of tax (100) - (100) Reclassifications from accumulated other comprehensive income, net of tax - 331 331 Current period change in other comprehensive income, net of tax (100) 331 231 Balance at June 30, 2015 $ 7,978 $ (8,570) $ (592) The following table provides the information on the reclassification adjustments out of accumulated other comprehensive income for the periods indicated: For the Six Months Ended June 30, (In thousands) 2016 2015 Unrealized gains/(losses) on investments available-for-sale Affected line item in the Statements of Income: Investment securities gains $ 1,919 $ 19 Income before taxes 1,919 19 Tax expense 765 8 Net income $ 1,154 $ 11 Amortization of defined benefit pension plan items Affected line item in the Statements of Income: Recognized actuarial loss (1) $ 575 $ 551 Income before taxes 575 551 Tax expense 228 220 Net income $ 347 $ 331 (1) This amount is included in the computation of net periodic benefit cost, see Note 9

FINANCIAL INSTRUMENTS WITH OFF-

FINANCIAL INSTRUMENTS WITH OFF-BALANCE SHEET RISK AND DERIVATIVES	6 Months Ended
	Jun. 30, 2016
Financial Instruments With Off- Balance Sheet Risk and Derivatives [Abstract]
FINANCIAL INSTRUMENTS WITH OFF-BALANCE SHEET RISK AND DERIVATIVES	Note 12 – Financial Instruments with Off-balance Sheet Risk and Derivatives The Company has entered into interest rate swaps (“swaps”) to facilitate customer transactions and meet their financing needs. These swaps qualify as derivatives, but are not designated as hedging instruments. Interest rate swap contracts involve the risk of dealing with counterparties and their ability to meet contractual terms. When the fair value of a derivative instrument contract is positive, this generally indicates t hat the counterparty or customer owes the Company, and results in credit risk to the Company. When the fair value of a derivative instrument contract is negative, the Company owes the customer or counterparty and therefore, has no credit risk. The notiona l value of commercial loan swaps outstanding was $19.4 million with a fair value of $1.4 million as of June 30, 2016 compared to $19.9 m illion with a fair value of $1.3 million as of December 31, 2015 . The offsetting nature of the swaps results in a neut ral effect on the Company’s operations. Fair values of the swaps are carried as both gross assets and gross liabilities in the condensed consolidated statements of condition. The associated net gains and losses on the swaps are recorded in other non-inte rest income.

LITIGATION

LITIGATION	6 Months Ended
	Jun. 30, 2016
Commitments and Contingencies Disclosure [Abstract]
LITIGATION	Note 13 – Litigation The Company and its subsidiaries are subject in the ordinary course of business to various pending or threatened legal proceedings in which claims for monetary damages are asserted. After consultation with legal counsel, management does not anticipate that the ultimate liability, if any, arising out of these legal matters will have a material adverse effect on the Company's financial condition, operating results or liquidity. Litigation expenses accrued in the first six months of 2015 were related to an adverse jury verdict rendered in 2014 associated with the actions of an employee from an institution that was acquired in 2012. A settlement was reached in the fourth quarter of 2015 and $4.5 million of previously accrued liti gation expenses was reversed.

FAIR VALUE

FAIR VALUE	6 Months Ended
	Jun. 30, 2016
Fair Value Disclosures [Abstract]
FAIR VALUE	Note 14 – Fair Value Generally accepted accounting principles provide entities the option to measure eligible financial assets, financial liabilities and commitments at fair value (i.e. the fair value option), on an instrument-by-instrument basis, that are otherwise not permitted to be accounted for at fair value under other accounting standards. The election to use the fair value option is available when an entity first recognizes a financial asset or financial liability or upon entering into a co mmitment. Subsequent changes in fair value must be recorded in earnings. The Company applies the fair value option on residential mortgage loans held for sale. The fair value option on residential mortgage loans allows the recognition of gains on sale o f mortgage loans to more accurately reflect the timing and economics of the transaction. The standard for fair value measurement establishes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. The hiera rchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). The three levels of the fair value hierarchy ar e described below. Basis of Fair Value Measurement: Level 1- Unadjusted quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities; Level 2- Quoted prices in markets that are not active, o r inputs that are observable, either directly or indirectly, for substantially the full term of the asset or liability; Level 3- Prices or valuation techniques that require inputs that are both significant to the fair value measurement and unobservable (i. e. supported by little or no market activity). A financial instru ment’s level within the fair value hierarchy is based on the lowest level of input that is significant to the fair value measurement. Changes to interest rates may result in changes in the cash flows due to prepayments or extinguishments. Accordingly, this could result in higher or lower measurements of the fair values. Assets and Liabilities Mortgage loans held for sale Mortgage loans held for sale are valued based on quotations from th e secondary market for similar instruments and are classified as Level 2 of the fair value hierarchy. Investments available-for-sale U.S. government agencies, mortgage-backed securities and corporate debt Valuations are based on active market data and use of evaluated broker pricing models that vary based by asset class and includes available trade, bid, and other market information. Generally, the methodology includes broker quotes, proprietary models, descriptive terms and conditions databases couple d with extensive quality control programs. Multiple quality control evaluation processes review available market, credit and deal level information to support the evaluation of the security. If there is a lack of objectively verifiable information availa ble to support the valuation, the evaluation of the security is discontinued. Additionally, proprietary models and pricing systems, mathematical tools, actual transacted prices, integration of market developments and experienced evaluators are used to det ermine the value of a security based on a hierarchy of market information regarding a security or securities with similar characteristics. The Company does not adjust the quoted price for such securities. Such instruments are generally classified within Level 2 of the fair value hierarchy. State and municipal securities Proprietary valuation matrices are used for valuing all tax-exempt municipals that can incorporate changes in the municipal market as they occur. Market evaluation models include the ability to value bank qualified municipals and general market municipals that can be broken down further according to insurer, credit support, state of issuance and rating to incorporate additional spreads and municipal curves. Taxable municipals are valu ed using a third party model that incorporates a methodology that captures the trading nuances associated with these bonds. Such instruments are generally classified within Level 2 of the fair value hierarchy. Trust preferred securities In active markets , these types of instruments are valued based on quoted market prices that are readily accessible at the measurement date and are classified within Level 1 of the fair value hierarchy. Positions that are not traded in active markets or are subject to trans fer restrictions are valued or adjusted to reflect illiquidity and/or non-transferability, and such adjustments are generally based on available market evidence. In the absence of such evidence, management uses a process that employs certain assumptions t o determine the present value. For further information, refer to Note 2 – Investments. Positions that are not traded in active markets or are subject to transfer restrictions are classified within Level 3 of the fair value hierarchy. Interest rate swap agreements Interest rate swap agreements are measured by alternative pricing sources with reasonable levels of price transparency in markets that are not active. Based on the complex nature of interest rate swap agreements, the markets these instruments t rade in are not as efficient and are less liquid than that of the more mature Level 1 markets. These markets do however have comparable, observable inputs in which an alternative pricing source values these assets in order to arrive at a fair market value . These characteristics classify interest rate swap agreements as Level 2. Assets Measured at Fair Value on a Recurring Basis The following tables set forth the Company’s financial assets and liabilities at the dates indicated that were accounted for or disclosed at fair value. Assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement: June 30, 2016 Quoted Prices in Significant Active Markets for Significant Other Unobservable Identical Assets Observable Inputs Inputs (In thousands) (Level 1) (Level 2) (Level 3) Total Assets Residential mortgage loans held for sale $ - $ 13,490 $ - $ 13,490 Investments available-for-sale: U.S. government agencies - 79,791 - 79,791 State and municipal - 305,160 - 305,160 Mortgage-backed - 311,189 - 311,189 Corporate debt - - 2,116 2,116 Trust preferred - - 1,007 1,007 Marketable equity securities - 1,223 - 1,223 Interest rate swap agreements - 1,428 - 1,428 Liabilities Interest rate swap agreements $ - $ (1,428) $ - $ (1,428) December 31, 2015 Quoted Prices in Significant Active Markets for Significant Other Unobservable Identical Assets Observable Inputs Inputs (In thousands) (Level 1) (Level 2) (Level 3) Total Assets Residential mortgage loans held for sale $ - $ 15,457 $ - $ 15,457 Investments available-for-sale: U.S. government agencies - 108,400 - 108,400 State and municipal - 164,707 - 164,707 Mortgage-backed - 316,696 - 316,696 Trust preferred - - 1,023 1,023 Marketable equity securities - 1,223 - 1,223 Interest rate swap agreements - 1,312 - 1,312 Liabilities Interest rate swap agreements $ - $ (1,312) $ - $ (1,312) The following table provides unrealized losses included in assets measured in the Condensed Consolidated Statements of Condition at fair value on a recurring basis for the period indicated: Significant Unobservable Inputs (In thousands) (Level 3) Investments available-for-sale: Balance at January 1, 2016 $ 1,023 Transfer into Level 3 2,116 Total unrealized losses included in other comprehensive income (loss) (16) Balance at June 30, 2016 $ 3,123 The transfer was the result of the reclassification of the entire the held-to-maturity securities portfolio to the available-for-sale portfolio in the first quarter of 2016 . The transfer into Level 3 was recognize d as of the date of the reclassification of the securities portfolio . Assets Measured at Fair Value on a Nonrecurring Basis The following table sets forth the Company’s financial assets subject to fair value adjustments (impairment) on a nonrecurring basis at the date indicated that are valued at the lower of cost or market. Assets are classified in their entirety based on the lowest level of input that is significant to the fair value measurement: June 30, 2016 Quoted Prices in Significant Active Markets Other Significant for Identical Observable Unobservable (In thousands) Assets (Level 1) Inputs (Level 2) Inputs (Level 3) Total Total Losses Impaired loans $ - $ - $ 8,219 $ 8,219 $ 10,291 Other real estate owned - - 1,311 1,311 (107) Total $ - $ - $ 9,530 $ 9,530 $ 10,184 December 31, 2015 Quoted Prices in Significant Active Markets Other Significant for Identical Observable Unobservable (In thousands) Assets (Level 1) Inputs (Level 2) Inputs (Level 3) Total Total Losses Impaired loans $ - $ - $ 9,349 $ 9,349 $ 10,348 Other real estate owned - - 2,742 2,742 (80) Total $ - $ - $ 12,091 $ 12,091 $ 10,268 At June 30, 2016 , impaired loans totaling $25.1 million were written down to fair value of $21.3 million as a result of specific loan loss allowances of $3.8 million associated with the impaired loans which was included in the allowance for loan losses. Impaired loans totaling $28.9 million were written down to fair value of $25.5 million at December 31, 2015 as a result of specific loan loss allowances of $3.4 million associated with the impaired loans. Loan impairment is measured using the present value of expected cash flows, the loan’s observable market price or the fair value of the collateral (less selling costs) if the loans are collateral dependent. Collateral may be real estate and/or business assets including equipment, inventory and/or acc ounts receivable. The value of business equipment, inventory and accounts receivable collateral is based on net book value on the business’ financial statements and, if necessary, discounted based on management’s review and analysis. Appraised and reporte d values may be discounted based on management’s historical knowledge, changes in market conditions from the time of valuation, and/or management’s expertise and knowledge of the client and client’s business. Impaired loans are reviewed and evaluated on a t least a quarterly basis for additional impairment and adjusted accordingly, based on the factors identified above. Valuation techniques are consistent with those techniques applied in prior periods. Other real estate owned (“OREO”) is adjusted to fair value upon transfer of the loans to OREO. Subsequently, OREO is carried at the lower of carrying value or fair value. The estimated fair value for other real estate owned included in Level 3 is determined by independent market based appraisals and other available market information, less cost to sell, that may be reduced further based on market expectations or an executed sales agreement. If the fair value of the collateral deteriorates subseque nt to initial recognition, the Company records the OREO as a non-recurring Level 3 adjustment. Valuation techniques are consistent with those techniques applied in prior periods. Fair Value of Financial Instruments The Company discloses fair value information about financial instruments for which it is practicable to estimate the value, whether or not such financial instruments are recognized on the balance sheet. Fair value is the amount at which a financial instrument could be exchanged in a current transaction between willing parties, other than in a forced sale or liquidation, and is best evidenced by a quoted market price, if one exists. Quoted market prices, where availabl e, are shown as estimates of fair market values. Because no quoted market prices are available for a significant portion of the Company's financial instruments, the fair value of such instruments has been derived based on the amount and timing of future ca sh flows and estimated discount rates. Present value techniques used in estimating the fair value of many of the Company's financial instruments are significantly affected by the assumptions used. In that regard, the derived fair value estimates cannot be substantiated by comparison to independent markets and, in many cases, could not be realized in immediate cash settlement of the instrument. Additionally, the accompanying estimates of fair values are only representative of the fair values of the individu al financial assets and liabilities, and should not be considered an indication of the fair value of the Company. The carrying amounts and fair values of the Company’s financial instruments at the dates indicated are presented in the following table: Fair Value Measurements June 30, 2016 Quoted Prices in Estimated Active Markets for Significant Other Significant Carrying Fair Identical Assets Observable Inputs Unobservable Inputs (In thousands) Amount Value (Level 1) (Level 2) (Level 3) Financial Assets Other equity securities $ 34,342 $ 34,342 $ - $ 34,342 $ - Loans, net of allowance 3,629,240 3,662,341 - - 3,662,341 Other assets 92,095 92,095 - 92,095 - Financial Liabilities Time deposits $ 570,397 $ 573,670 $ - $ 573,670 $ - Securities sold under retail repurchase agreements and federal funds purchased 117,887 117,887 - 117,887 - Advances from FHLB 515,000 534,818 - 534,818 - Subordinated debentures 30,000 13,994 - - 13,994 Fair Value Measurements December 31, 2015 Quoted Prices in Estimated Active Markets for Significant Other Significant Carrying Fair Identical Assets Observable Inputs Unobservable Inputs (In thousands) Amount Value (Level 1) (Level 2) (Level 3) Financial Assets Investments held-to-maturity and other equity securities $ 249,601 $ 253,040 $ - $ 253,040 $ - Loans, net of allowance 3,454,475 3,526,807 - - 3,526,807 Other assets 90,866 90,866 - 90,866 - Financial Liabilities Time deposits $ 508,444 $ 508,000 $ - $ 508,000 $ - Securities sold under retail repurchase agreements and federal funds purchased 109,145 109,145 - 109,145 - Advances from FHLB 685,000 704,410 - 704,410 - Subordinated debentures 35,000 14,694 - - 14,694 The following methods and assumptions were used to estimate the fair value of each category of financial instruments for which it is practicable to estimate that value: Cash and Temporary Investments: The carrying amounts of cash and cash equivalents approximate their fair value and have been excluded from the table above. Investments: The fair value of marketable securities is based on quoted market prices, prices quoted for similar instruments, and prices obtained from independent pricing services. Loans: For certain categories of loans, such as mortgage, installment and commercial loans, the fair value is estimated by discounting the expected future cash flows using the current rates at which similar loans would be made to borrowers with similar credit ratings and similar remaining maturities. Expected cash flows were projected based on contractual cash flows, adjusted for estimated prepayments. Accrued interest receivable: T he carrying value of accrued interest receivable approximates fair val ue due to the short-term duration and has been excluded from the table above. Other assets: The investment in bank-owned life insurance represents the cash surrender value of the policies at June 30, 2016 and December 31, 2015 as determined by the each insurance carrier. The carrying value of accrued interest receivable approximates fair values due to the short-term duration. Deposits: The fair value of demand, money market savings and regular savings deposits, which have no stated maturity, were cons idered equal to their carrying amount, representing the amount payable on demand. While management believes that the Bank’s core deposit relationships provide a relatively stable, low-cost funding source that has a substantial intangible value separate fro m the value of the deposit balances, these estimated fair values do not include the intangible value of core deposit relationships, which comprise a significant portion of the Bank’s deposit base. Short-term borrowings: The carrying values of short-term borrowings, including overnight, securities sold under agreements to repurchase and federal funds purchased approximates the fair values due to the short maturities of those instruments. Long-term borrowings: The fair value of the Federal Home Loan Bank of Atlanta (“FHLB”) advances and subordinated debentures was estimated by computing the discounted value of contractual cash flows payable at current interest rates for obligations with similar remaining terms. The Company's credit risk is not material to calculation of fair value because the FHLB borrowings are collateralized. The Company classifies advances from the Federal Home Loan Bank of Atlanta within Level 2 of the fair value hierarchy since the fair value of such borrowings is based on rates curre ntly available for borrowings with similar terms and remaining maturities. Subordinated debentures are classified as Level 3 in the fair value hierarchy due to the lack of market activity of such instruments. Accrued interest payable: T he carrying value o f accrued interest payable approximates fair value due to the short-term duration and has been excluded from the previous table.

SEGMENT REPORTING

SEGMENT REPORTING	6 Months Ended
	Jun. 30, 2016
Segment Reporting [Abstract]
SEGMENT REPORTING	N ote 15 - Segment Reporting Currently, the Company conducts business in three operating segments—Community Banking, Insurance and Investment Management. Each of the operating segments is a strategic business unit that offers different products and services. The Insurance and Investment Management segments were businesses that were acquired in separate transactions where management of acquisition was retained. The accounting policies of the segments are the same as those of the Company. Howev er, the segment data reflect inter-segment transactions and balances. The Community Banking segment is conducted through Sandy Spring Bank and involves delivering a broad range of financial products and services, including various loan and deposit product s to both individuals and businesses. Parent company income is included in the Community Banking segment, as the majority of effort of these functions is related to this segment. Major revenue sources include net interest income, gains on sales of mortga ge loans, trust income fees and service charges on deposit accounts. Expenses include personnel, occupancy, marketing, equipment and other expenses. Non-cash charges associated with amortization of intangibles related to the acquired entities was not sig nificant for the three and six months ended June 30, 2016 and 2015 , respectively. The Insurance segment is conducted through Sandy Spring Insurance Corporation, a subsidiary of the Bank, and offers annuities as an alternative to traditional deposit accounts. Sandy Spring Insurance Corporation operates Sandy Spring Insurance, a general insurance agency located in Annapolis, Maryland, and Neff and Associates, located in Ocean City, Maryland. Major sources of revenue are insurance commissions from commercial lines, personal lines, and medical liability lines. Expenses include personnel and support charges. Non-cash charges associated with amortization of intangibles re lated to the acquired entities were not significant for the three and six months ended June 30, 2016 and 2015 , respectively. The Investment Management segment is conducted through West Financial Services, Inc., a subsidiary of the Bank. This asset management and financial planning firm, located in McLean, Virgi nia, provides comprehensive investment management and financial planning to individuals, families, small businesses and associations including cash flow analysis, investment review, tax planning, retirement planning, insurance analysis and estate planning. West Financial currently has approximately $1.1 billion in assets under management. Major revenue sources include non-interest income earned on the above services. Expenses include personnel and support charges. Non-cash charges associated with amorti zation of intangibles rela ted to the acquired entities were not significant for the three and six months ended June 30, 2016 and 2015 , respectively. Information for the operating segments and reconciliation of the information to the condensed consolidated financial statements for the periods indicated is presented in the following tables: Three Months Ended June 30, 2016 Community Investment Inter-Segment (In thousands) Banking Insurance Mgmt. Elimination Total Interest income $ 41,804 $ - $ 1 $ (2) $ 41,803 Interest expense 5,073 - - (2) 5,071 Provision for loan and lease losses 2,957 - - - 2,957 Noninterest income 10,136 950 1,843 (178) 12,751 Noninterest expense 28,999 1,030 1,020 (178) 30,871 Income before income taxes 14,911 (80) 824 - 15,655 Income tax expense 4,718 (31) 321 - 5,008 Net income $ 10,193 $ (49) $ 503 $ - $ 10,647 Assets $ 4,742,368 $ 5,754 $ 11,601 $ (20,274) $ 4,739,449 Three Months Ended June 30, 2015 Community Investment Inter-Segment (In thousands) Banking Insurance Mgmt. Elimination Total Interest income $ 38,849 $ - $ 2 $ (2) $ 38,849 Interest expense 4,918 - - (2) 4,916 Provision for loan and lease losses 1,218 - - - 1,218 Non-interest income 24,945 984 1,754 (15,574) 12,109 Non-interest expense 42,958 1,169 924 (15,574) 29,477 Income before income taxes 14,700 (185) 832 - 15,347 Income tax expense 4,763 (74) 325 - 5,014 Net income $ 9,937 $ (111) $ 507 $ - $ 10,333 Assets $ 4,508,858 $ 5,647 $ 10,672 $ (17,810) $ 4,507,367 Six Months Ended June 30, 2016 Community Investment Inter-Segment (In thousands) Banking Insurance Mgmt. Elimination Total Interest income $ 83,457 $ 1 $ 2 $ (4) $ 83,456 Interest expense 10,606 - - (4) 10,602 Provision for loan and lease losses 4,193 - - - 4,193 Noninterest income 20,355 2,403 3,712 (356) 26,114 Noninterest expense 59,379 2,201 1,964 (356) 63,188 Income before income taxes 29,634 203 1,750 - 31,587 Income tax expense 9,362 83 682 - 10,127 Net income $ 20,272 $ 120 $ 1,068 $ - $ 21,460 Assets $ 4,742,368 $ 5,754 $ 11,601 $ (20,274) $ 4,739,449 Six Months Ended June 30, 2015 Community Investment Inter-Segment (In thousands) Banking Insurance Mgmt. Elimination Total Interest income $ 76,920 $ 1 $ 3 $ (3) $ 76,921 Interest expense 9,618 - - (3) 9,615 Provision for loan and lease losses 1,815 - - - 1,815 Non-interest income 34,781 2,678 3,564 (15,755) 25,268 Non-interest expense 69,975 2,552 1,949 (15,755) 58,721 Income before income taxes 30,293 127 1,618 - 32,038 Income tax expense 9,797 52 631 - 10,480 Net income $ 20,496 $ 75 $ 987 $ - $ 21,558 Assets $ 4,508,858 $ 5,647 $ 10,672 $ (17,810) $ 4,507,367

SIGNIFICANT ACCOUNTING POLICI24

SIGNIFICANT ACCOUNTING POLICIES (Policies)	6 Months Ended
	Jun. 30, 2016
Significant Accounting Policies [Abstract]
Nature of Operations	Nature of Operations Sandy Spring Bancorp (the “Company”), a Maryland corporation, is the bank holding company for Sandy Spring Bank (the “Bank”). The Bank offers a broad range of commercial banking, retail banking , mortgage and trust services throughout central Maryland, Northern Virginia and the greater Washington D.C . market through its oper ation of 45 community offices and six financial centers across the region. The Bank also offers a comprehensive menu of insurance and wealth management services through its subsidiaries, Sandy Spring Insurance Corporation and West Financial Services, Inc.
Basis of Presentation	Basis of Presentation The accounting and reporting policies of the Company conform to accounting principles generally accepted in the United States of America (“GAAP”) and prevailing practices within the financial services industry for interim financial information and Rule 10-01 of Regulation S-X. Accordingly, they do not include all of the information and notes required for complete financial statements and prevailing practices within the banking industry. The following summary of significant account ing policies of the Company is presented to assist the reader in understanding the financial and other data presented in this report. Operating results for the three and six months ended June 30, 2016 are not necessarily indicative of the results that may be expected for any future periods or for the year ending December 31, 2016 . In the opinion of management, all adjustments (comprising only normal recurring accruals) necessary for a fair presentat ion of the results of the interim periods have been included. Certain reclassifications have been made to prior period amounts, as necessary, to conform to the current period presentation. The Company has evaluated subsequent events through the date of th e issuance of its financial statements. These statements should be read in conjunction with the financial statements and accompanying notes included in the Company’s 2015 Annual Report on Form 10-K as filed with the Securities and Exchange Commission ( “SEC”) on March 4, 2016 . There have been no significant changes to the Company’s accounting p olicies as disclosed in the 2015 Annual Report on Form 10-K.
Principles of Consolidation	Principles of Consolidation The unaudited condensed consolidated financial statements include the accounts of the Company and its wholly owned subsidiary, Sandy Spring Bank and its subsidiaries, Sandy Spring Insurance Corporation and West Financial Services, Inc. Consolidation has resulted in the elimination of all intercompany accounts and transaction s.
Use of Estimates	Use of Estimates The preparation of financial statements requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of the financial statements, and affect the reported a mounts of revenues earned and expenses incurred during the reporting period. Actual results could differ from those estimates. Estimates that could change significantly relate to the provision for loan and lease losses and the related allowance, determinat ion of impaired loans and the related measurement of impairment, potential impairment of goodwill or other intangible assets, valuation of investment securities and the determination of whether impaired securities are other-than-temporarily impaired, valua tion of other real estate owned, prepayment rates, valuation of share-based compensation, the assessment that a liability should be recognized with respect to any matters under litigation, the calculation of current and deferred income taxes and the actuar ial projections related to pension expense and the related liability.
Cash Flows	Cash Flows For purposes of reporting cash flows, cash and cash equivalents include cash and due from banks, federal funds sold and interest-bearing deposits with banks (items with state d original maturity of three months or less).
Adopted Accounting Pronouncements	Pending Accounting Pronouncements The FASB issued Update No. 2014-09 in May 2014 that provides accounting guidance for all revenue arising from contracts with customers and affects all entities that enter into contracts to provide goods or services to customers. The guidance also provides for a model for the measurement and recognition of gains and losses on the sale of certain nonfinancial assets, such as property and equipment, including real estate. This standard may affect an entity’s financial statements, business processes and internal control over financial reporting. The guidance is effective for the first interim or annual period beginning after December 15, 2017. The guidance must be adopted using either a full retrospective approach for all periods presented in the period of adoption or a modified retrospective approach. The Company is assessing this guidance to determine its impact on the Company’s financial position, results of operations and cas h flows. The FASB issued Update No. 2016-01 in January 2016. This guidance requires entities to measure equity investments at fair value and recognize changes on fair value in net income. The guidance also provides a new measurement alternative for equit y investments that don’t have readily determinable fair values and don’t qualify for the net asset value practical expedient. Entities will have to record changes in instrument –specific credit risk for financial liabilities measured under the fair value o ption in other comprehensive income, except for certain financial liabilities of consolidated collateralized financing entities. Entities will also have to reassess the realizability of a deferred tax asset related to an available-for-sale debt security in combination with their other deferred tax assets. For public entities, the guidance in this update is effective for the first interim or annual period beginning after December 15, 2017. Early adoption by public entities is permitted as of the beginning of the year of adoption for selected amendments by a cumulative effect adjustment to the balance sheet. The adoption of this standard is not expected to have a material impact on the Company’s financial position, results of operations or cash flows. The FASB issued Update No. 2016-02 in February 2016. Under this guidance lessees are required to record most leases on their balance sheets but recognize expenses in the income statement. The guidance also eliminates the current real estate-specific provision and changes the guidance on sale-leaseback transactions, initial direct costs and lease executory costs. With respect to lessors, the guidance modifies the classification criteria and the accounting for sales-type and direct financing leases. All entities will classify leases to determine how to recognize lease-related revenue and expense. In applying this guidance entities will also need to determine whether an arrangement contains a lease or service agreement. Disclosures are required by lessees and lessors t o meet the objective of enabling users of financials statements to assess the amount, timing, and uncertainty of cash flows arising from leases. For public entities, this guidance is effective for the first interim or annual period beginning after December 15, 2018. Early adoption is permitted. Entities are required to use a modified retrospective approach for leases that exist or are entered into after the beginning of the earliest comparative period in the financial statements. The Company is assessing th is guidance to determine its impact on the Company’s financial position, results of operations and cash flows. The FASB issued Update No. 2016-08 in March 2016. This guidance is intended to clarify a potential implementation issue with respect to determini ng whether an entity is a principal or an agent in an arrangement. The guidance provides indicators to assist in this evaluation when another party is involved in the arrangement to identify which party is the principal and which party is the agent. The ef fective date for this guidance is the same as the effective date of Update 2014-09, Revenue from Contracts with Customers. The adoption of this standard is not expected to have a material impact on the Company’s financial position, results of operations or cash flows. The FASB issued Update No. 2016-09 in March 2016. This guidance requires recognition of all income tax effects of stock awards in the income statement when such awards vest or are settled. In addition, it revises the existing guidance to allow employers to withhold more of an employee’s shares to satisfy the employer’s statutory withholding requirements and still qualify for equity accounting treatment. Finally, an entity will now be allowed to make an entity-wide accounting policy election to either estimate the number or awards that are expected to vest, as required in the current guidance, or account for forfeitures as they occur. For public entities, this guidance is effective for the first interim or annual period beginning after December 15, 2016. Early adoption is permitted. The Company is assessing this guidance to determine its impact on the Company’s financial position, results of operations and cash flows. The FASB issued Update No. 2016-13 in June 2016. This guidance changes the impairment model for most financial assets measured at amortized cost and certain other instruments. Entities will be required to use a model to estimate expected losses on a forward-looking basis that will result in earlier recognition of loss allowances in most instances. Credit losses related to available-for-sale debt securities will be measured in a manner similar to the present, except that such losses will be recorded as allowances rather than as reductions in the amortized cost of the related securities. With respect to trade and other receivables, loans, held-to-maturity debt securities, net investments in leases and off-balance-sheet credit exposures, the guidance requires that an entity estimate its lifetime expected credit loss and record an allowance resulting in the net amount expected to be collected to be reflected as the financial asset. Entities are also required to provide significantly more disclosures, including information used to track credit quality by year of origination for most financing receivables. This guidance is effective for public business entities for the first interim or annual period beginning after December 15, 2019. The standard’s provisions will be applied as a cumulative-effect adjustment to retained earnings as of the beginning of the first reporting period in which the guidance is effective. Early adoption by public business entities is permitted for the first interim or annual period beginning after December 15, 2018. The Company is assessing this guidance to determine its impact on the Company’s financial position, results of operations and cash flows.

INVESTMENTS (Tables)

INVESTMENTS (Tables)	6 Months Ended
	Jun. 30, 2016
Amortized cost and Estimated fair values of Investments Available-for-sale	Investments available-for-sale The amortized cost and estimated fair values of investments available-for-sale at the dates indicated are presented in the following table: June 30, 2016 December 31, 2015 Gross Gross Estimated Gross Gross Estimated Amortized Unrealized Unrealized Fair Amortized Unrealized Unrealized Fair (In thousands) Cost Gains Losses Value Cost Gains Losses Value U.S. government agencies $ 79,741 $ 50 $ - $ 79,791 $ 109,602 $ 132 $ (1,334) $ 108,400 State and municipal 290,152 15,043 (35) 305,160 156,402 8,305 - 164,707 Mortgage-backed 303,959 7,327 (97) 311,189 312,846 6,396 (2,546) 316,696 Corporate debt 2,100 16 - 2,116 - - - - Trust preferred 1,089 - (82) 1,007 1,089 - (66) 1,023 Total debt securities 677,041 22,436 (214) 699,263 579,939 14,833 (3,946) 590,826 Marketable equity securities 1,223 - - 1,223 1,223 - - 1,223 Total investments available-for-sale $ 678,264 $ 22,436 $ (214) $ 700,486 $ 581,162 $ 14,833 $ (3,946) $ 592,049
Activity of OTTI on investment Securities Due to Credit Losses Recognized in Earnings	The following table provides the activity of OTTI on investment securities due to credit losses recognized in earnings for the period indicated: (In thousands) OTTI Losses Cumulative credit losses on investment securities, through December 31, 2015 $ 531 Additions for credit losses not previously recognized - Cumulative credit losses on investment securities, through June 30, 2016 $ 531
Amortized Cost and Estimated Fair Values of Investments Held-To-Maturity	Investments held-to-maturity The amortized cost and estimated fair values of investments held-to-maturity at the dates indicated are presented in the following table: December 31, 2015 Gross Gross Estimated Amortized Unrealized Unrealized Fair (In thousands) Cost Gains Losses Value U.S. government agencies $ 56,460 $ - $ (733) $ 55,727 State and municipal 149,537 4,297 (148) 153,686 Mortgage-backed 168 23 - 191 Corporate debt 2,100 - - 2,100 Total investments held-to-maturity $ 208,265 $ 4,320 $ (881) $ 211,704
Other Equity Securities	Equity securities Other equity securities at the dates indicated are presented in the following table: (In thousands) June 30, 2016 December 31, 2015 Federal Reserve Bank stock $ 8,269 $ 8,269 Federal Home Loan Bank of Atlanta stock 26,073 33,067 Total equity securities $ 34,342 $ 41,336
Available-for-Sale Securities
Gross Unrealized Losses and Fair Value by Length of Time	Gross unrealized losses and fair value by length of time that the individual available-for-sale securities have been in an unrealized loss position at the dates indicated are presented in the following table: June 30, 2016 Continuous Unrealized Losses Existing for: Number Total of Less than More than Unrealized (Dollars in thousands) Securities Fair Value 12 months 12 months Losses State and municipal 3 $ 15,994 $ 2 $ 33 $ 35 Mortgage-backed 5 12,570 73 24 97 Trust preferred 1 1,006 - 82 82 Total 9 $ 29,570 $ 75 $ 139 $ 214 December 31, 2015 Continuous Unrealized Losses Existing for: Number Total of Less than More than Unrealized (Dollars in thousands) Securities Fair Value 12 months 12 months Losses U.S. government agencies 7 $ 78,555 $ 1,020 $ 314 $ 1,334 Mortgage-backed 26 140,556 716 1,830 2,546 Trust preferred 1 1,023 - 66 66 Total 34 $ 220,134 $ 1,736 $ 2,210 $ 3,946
Amortized Cost and Estimated Fair Values of Investment Securities	The amortized cost and estimated fair values of debt securities available-for-sale by contractual maturity at the dates indicated are provided in the following table. The Company has allocated mortgage-backed securities into the four maturity groupings reflected in the following table using the expected av erage life of the individual securities based on statistics provided by independent third party industry sources. Expected maturities will differ from contractual maturities as borrowers may have the right to prepay obligations with o r without prepayment penalties. June 30, 2016 December 31, 2015 Estimated Estimated Amortized Fair Amortized Fair (In thousands) Cost Value Cost Value Due in one year or less $ 3,179 $ 3,234 $ 301 $ 306 Due after one year through five years 152,318 159,496 157,710 160,257 Due after five years through ten years 247,172 256,946 168,136 174,677 Due after ten years 274,372 279,587 253,792 255,586 Total debt securities available for sale $ 677,041 $ 699,263 $ 579,939 $ 590,826
Held-to-Maturity Securities
Gross Unrealized Losses and Fair Value by Length of Time	Gross unrealized losses and fair value by length of time that the individual held-to-maturity securities have been in a continuous unrealized loss position at the dates indicated are presented in the following tables: December 31, 2015 Continuous Unrealized Losses Existing for: Number Total of Less than More than Unrealized (Dollars in thousands) Securities Fair Value 12 months 12 months Losses U.S. government agencies 6 $ 55,727 $ 456 $ 277 $ 733 State and municipal 11 12,369 23 125 148 Total 17 $ 68,096 $ 479 $ 402 $ 881
Amortized Cost and Estimated Fair Values of Investment Securities	The amortized cost and estimated fair values of debt securities held-to-maturity by contractual maturity at the dates indicated are reflected in the following table. Expected maturities will differ from contractual maturities as borrowers may have the right to prepay obligations with or without prepayment penalties. December 31, 2015 Estimated Amortized Fair (In thousands) Cost Value Due in one year or less $ 845 $ 853 Due after one year through five years 19,217 20,041 Due after five years through ten years 163,125 165,620 Due after ten years 25,078 25,190 Total debt securities held-to-maturity $ 208,265 $ 211,704

LOANS AND LEASES (Tables)

LOANS AND LEASES (Tables)	6 Months Ended
	Jun. 30, 2016
Loans and Leases [Abstract]
Loan Portfolio Segment Balances	The loan portfolio segment balances at the dates indicated are pre sented in the following table: (In thousands) June 30, 2016 December 31, 2015 Residential real estate: Residential mortgage $ 820,618 $ 796,358 Residential construction 142,710 129,281 Commercial real estate: Commercial owner occupied real estate 700,599 678,027 Commercial investor real estate 824,252 719,084 Commercial acquisition, development and construction 285,585 255,980 Commercial business 451,711 465,765 Consumer 447,149 450,875 Total loans and leases $ 3,672,624 $ 3,495,370

CREDIT QUALITY ASSESSMENT (Tabl

CREDIT QUALITY ASSESSMENT (Tables)	6 Months Ended
	Jun. 30, 2016
Accounts, Notes, Loans and Financing Receivable [Line Items]
Summary Information on Allowance for Loan and Lease Loss Activity	Summary information on the allowance for loan and lease loss activity for the period indicated is provided in the following table: Six Months Ended June 30, (In thousands) 2016 2015 Balance at beginning of year $ 40,895 $ 37,802 Provision for loan and lease losses 4,193 1,815 Loan and lease charge-offs (2,272) (1,837) Loan and lease recoveries 568 933 Net charge-offs (1,704) (904) Balance at period end $ 43,384 $ 38,713
Activity in Allowance for Loan and Lease Losses by Respective Loan Portfolio Segment	The following tables provide information on the activity in the allowance for loan and lease losses by the respective loan portfolio segment for the period indicated: For the Six Months Ended June 30, 2016 Commercial Real Estate Residential Real Estate Commercial Commercial Commercial Commercial Owner Residential Residential (Dollars in thousands) Business AD&C Investor R/E Occupied R/E Leasing Consumer Mortgage Construction Total Balance at beginning of year $ 6,529 $ 4,691 $ 10,440 $ 7,984 $ - $ 3,456 $ 6,901 $ 894 $ 40,895 Provision (credit) 767 354 1,478 91 - (145) 1,660 (12) 4,193 Charge-offs (185) (48) (197) - - (508) (1,334) - (2,272) Recoveries 12 - 112 4 - 90 330 20 568 Net charge-offs (173) (48) (85) 4 - (418) (1,004) 20 (1,704) Balance at end of period $ 7,123 $ 4,997 $ 11,833 $ 8,079 $ - $ 2,893 $ 7,557 $ 902 $ 43,384 Total loans and leases $ 451,711 $ 285,585 $ 824,252 $ 700,599 $ - $ 447,149 $ 820,618 $ 142,710 $ 3,672,624 Allowance for loans and leases to total loans and leases ratio 1.58% 1.75% 1.44% 1.15% na. 0.65% 0.92% 0.63% 1.18% Balance of loans specifically evaluated for impairment $ 5,517 $ 137 $ 9,720 $ 6,424 $ na. $ na. $ 3,322 $ - $ 25,120 Allowance for loans specifically evaluated for impairment $ 1,951 $ - $ 1,274 $ 553 $ na. $ na. $ - $ - $ 3,778 Specific allowance to specific loans ratio 35.36% 0.00% 13.11% 8.61% na. na. na. na. 15.04% Balance of loans collectively evaluated $ 446,194 $ 285,448 $ 814,532 $ 694,175 $ na. $ 447,149 $ 817,296 $ 142,710 $ 3,647,504 Allowance for loans collectively evaluated $ 5,172 $ 4,997 $ 10,559 $ 7,526 $ na. $ 2,893 $ 7,557 $ 902 $ 39,606 Collective allowance to collective loans ratio 1.16% 1.75% 1.30% 1.08% na. 0.65% 0.92% 0.63% 1.09% For the Year Ended December 31,2015 Commercial Real Estate Residential Real Estate Commercial Commercial Commercial Commercial Owner Residential Residential (Dollars in thousands) Business AD&C Investor R/E Occupied R/E Leasing Consumer Mortgage Construction Total Balance at beginning of year $ 5,852 $ 4,267 $ 9,784 $ 7,143 $ 9 $ 3,592 $ 6,232 $ 923 $ 37,802 Provision (credit) 508 583 727 1,881 (5) 619 1,138 (80) 5,371 Charge-offs (306) (739) (91) (1,043) (4) (998) (614) - (3,795) Recoveries 475 580 20 3 - 243 145 51 1,517 Net charge-offs 169 (159) (71) (1,040) (4) (755) (469) 51 (2,278) Balance at end of period $ 6,529 $ 4,691 $ 10,440 $ 7,984 $ - $ 3,456 $ 6,901 $ 894 $ 40,895 Total loans and leases $ 465,765 $ 255,980 $ 719,084 $ 678,027 $ - $ 450,875 $ 796,358 $ 129,281 $ 3,495,370 Allowance for loans and leases to total loans and leases ratio 1.40% 1.83% 1.45% 1.18% na. 0.77% 0.87% 0.69% 1.17% Balance of loans specifically evaluated for impairment $ 5,273 $ 194 $ 10,441 $ 6,580 $ na. $ na. $ 6,439 $ - $ 28,927 Allowance for loans specifically evaluated for impairment $ 1,318 $ 58 $ 1,489 $ 510 $ na. $ na. $ - $ - $ 3,375 Specific allowance to specific loans ratio 25.00% 29.90% 14.26% 7.75% na. na. na. na. 11.67% Balance of loans collectively evaluated $ 460,492 $ 255,786 $ 708,643 $ 671,447 $ na. $ 450,875 $ 789,919 $ 129,281 $ 3,466,443 Allowance for loans collectively evaluated $ 5,211 $ 4,633 $ 8,951 $ 7,474 $ na. $ 3,456 $ 6,901 $ 894 $ 37,520 Collective allowance to collective loans ratio 1.13% 1.81% 1.26% 1.11% na. 0.77% 0.87% 0.69% 1.08%
Summary of Impaired Loans	The following table provides summary information regarding impaired loans at the dates indicated and for the periods then ended: (In thousands) June 30, 2016 December 31, 2015 Impaired loans with a specific allowance $ 12,018 $ 14,208 Impaired loans without a specific allowance 13,102 14,719 Total impaired loans $ 25,120 $ 28,927 Allowance for loan and lease losses related to impaired loans $ 3,778 $ 3,375 Allowance for loan and lease losses related to loans collectively evaluated 39,606 37,520 Total allowance for loan and lease losses $ 43,384 $ 40,895 Average impaired loans for the period $ 27,840 $ 29,828 Contractual interest income due on impaired loans during the period $ 1,099 $ 2,527 Interest income on impaired loans recognized on a cash basis $ 507 $ 961 Interest income on impaired loans recognized on an accrual basis $ 119 $ 274
Recorded Investment with Respect to Impaired loans, Associated Allowance by Applicable Portfolio Segment and Principal Balance of Impaired Loans Prior to Amounts Charged-Off	The following tables present the recorded investment with respect to impaired loans, the associated allowance by the applicable portfolio segment and the principal balance of the impaired loans prior to amounts charged-off at the dates indicated: June 30, 2016 Commercial Real Estate Total Recorded Commercial All Investment in Commercial Commercial Owner Other Impaired (In thousands) Commercial AD&C Investor R/E Occupied R/E Loans Loans Impaired loans with a specific allowance Non-accruing $ 1,559 $ - $ 7,161 $ 1,733 $ - $ 10,453 Restructured accruing 841 - - - - 841 Restructured non-accruing 85 - - 639 - 724 Balance $ 2,485 $ - $ 7,161 $ 2,372 $ - $ 12,018 Allowance $ 1,951 $ - $ 1,274 $ 553 $ - $ 3,778 Impaired loans without a specific allowance Non-accruing $ 1,189 $ - $ 658 $ 1,985 $ - $ 3,832 Restructured accruing 413 - 852 746 568 2,579 Restructured non-accruing 1,430 137 1,049 1,321 2,754 6,691 Balance $ 3,032 $ 137 $ 2,559 $ 4,052 $ 3,322 $ 13,102 Total impaired loans Non-accruing $ 2,748 $ - $ 7,819 $ 3,718 $ - $ 14,285 Restructured accruing 1,254 - 852 746 568 3,420 Restructured non-accruing 1,515 137 1,049 1,960 2,754 7,415 Balance $ 5,517 $ 137 $ 9,720 $ 6,424 $ 3,322 $ 25,120 Unpaid principal balance in total impaired loans $ 7,791 $ 4,398 $ 14,387 $ 8,785 $ 4,001 $ 39,362 June 30, 2016 Commercial Real Estate Total Recorded Commercial All Investment in Commercial Commercial Owner Other Impaired (In thousands) Commercial AD&C Investor R/E Occupied R/E Loans Loans Average impaired loans for the period $ 5,289 $ 159 $ 10,035 $ 6,967 $ 5,390 $ 27,840 Contractual interest income due on impaired loans during the period $ 278 $ 144 $ 384 $ 207 $ 86 Interest income on impaired loans recognized on a cash basis $ 72 $ - $ 10 $ 404 $ 21 Interest income on impaired loans recognized on an accrual basis $ 65 $ - $ 15 $ 18 $ 21 December 31, 2015 Commercial Real Estate Total Recorded Commercial All Investment in Commercial Commercial Owner Other Impaired (In thousands) Commercial AD&C Investor R/E Occupied R/E Loans Loans Impaired loans with a specific allowance Non-accruing $ 1,168 $ 58 $ 7,791 $ 3,519 $ - $ 12,536 Restructured accruing 876 - - - - 876 Restructured non-accruing 156 - - 640 - 796 Balance $ 2,200 $ 58 $ 7,791 $ 4,159 $ - $ 14,208 Allowance $ 1,318 $ 58 $ 1,489 $ 510 $ - $ 3,375 Impaired loans without a specific allowance Non-accruing $ 974 $ - $ 518 $ 793 $ 2,750 $ 5,035 Restructured accruing 701 - 2,073 240 577 3,591 Restructured non-accruing 1,398 136 59 1,388 3,112 6,093 Balance $ 3,073 $ 136 $ 2,650 $ 2,421 $ 6,439 $ 14,719 Total impaired loans Non-accruing $ 2,142 $ 58 $ 8,309 $ 4,312 $ 2,750 $ 17,571 Restructured accruing 1,577 - 2,073 240 577 4,467 Restructured non-accruing 1,554 136 59 2,028 3,112 6,889 Balance $ 5,273 $ 194 $ 10,441 $ 6,580 $ 6,439 $ 28,927 Unpaid principal balance in total impaired loans $ 7,158 $ 4,456 $ 15,138 $ 8,555 $ 7,154 $ 42,461 December 31, 2015 Commercial Real Estate Total Recorded Commercial All Investment in Commercial Commercial Owner Other Impaired (In thousands) Commercial AD&C Investor R/E Occupied R/E Loans Loans Average impaired loans for the period $ 4,714 $ 882 $ 11,145 $ 8,218 $ 4,869 $ 29,828 Contractual interest income due on impaired loans during the period $ 450 $ 304 $ 918 $ 647 $ 208 Interest income on impaired loans recognized on a cash basis $ 273 $ 11 $ 226 $ 347 $ 104 Interest income on impaired loans recognized on an accrual basis $ 113 $ - $ 107 $ 11 $ 43
Credit Quality of Loan Portfolio by Segment	The following tables provide information on the credit quality of the loan portfolio by segment at the dates indicated: June 30, 2016 Commercial Real Estate Residential Real Estate Commercial Commercial Commercial Owner Residential Residential (In thousands) Commercial AD&C Investor R/E Occupied R/E Leasing Consumer Mortgage Construction Total Non-performing loans and assets: Non-accrual loans and leases $ 4,263 $ 137 $ 8,868 $ 5,678 $ - $ 2,600 $ 6,186 $ 202 $ 27,934 Loans and leases 90 days past due - - - - - 2 - - 2 Restructured loans and leases 1,254 - 852 746 - - 568 - 3,420 Total non-performing loans and leases 5,517 137 9,720 6,424 - 2,602 6,754 202 31,356 Other real estate owned 39 365 433 - - - 474 - 1,311 Total non-performing assets $ 5,556 $ 502 $ 10,153 $ 6,424 $ - $ 2,602 $ 7,228 $ 202 $ 32,667 December 31, 2015 Commercial Real Estate Residential Real Estate Commercial Commercial Commercial Owner Residential Residential (In thousands) Commercial AD&C Investor R/E Occupied R/E Leasing Consumer Mortgage Construction Total Non-performing loans and assets: Non-accrual loans and leases $ 3,696 $ 194 $ 8,368 $ 6,340 $ - $ 2,193 $ 8,822 $ 418 $ 30,031 Loans and leases 90 days past due - - - - - - - - - Restructured loans and leases 1,577 - 2,073 240 - - 577 - 4,467 Total non-performing loans and leases 5,273 194 10,441 6,580 - 2,193 9,399 418 34,498 Other real estate owned 39 365 433 - - 690 1,215 - 2,742 Total non-performing assets $ 5,312 $ 559 $ 10,874 $ 6,580 $ - $ 2,883 $ 10,614 $ 418 $ 37,240 June 30, 2016 Commercial Real Estate Residential Real Estate Commercial Commercial Commercial Owner Residential Residential (In thousands) Commercial AD&C Investor R/E Occupied R/E Leasing Consumer Mortgage Construction Total Past due loans and leases 31-60 days $ 569 $ - $ 226 $ 573 $ - $ 1,010 $ 4,899 $ - $ 7,277 61-90 days 858 - - 1,407 - 931 2,787 - 5,983 > 90 days - - - - - 2 - - 2 Total past due 1,427 - 226 1,980 - 1,943 7,686 - 13,262 Non-accrual loans and leases 4,263 137 8,868 5,678 - 2,600 6,186 202 27,934 Loans acquired with deteriorated credit quality 542 - - 265 - - - - 807 Current loans 445,479 285,448 815,158 692,676 - 442,606 806,746 142,508 3,630,621 Total loans and leases $ 451,711 $ 285,585 $ 824,252 $ 700,599 $ - $ 447,149 $ 820,618 $ 142,710 $ 3,672,624 December 31, 2015 Commercial Real Estate Residential Real Estate Commercial Commercial Commercial Owner Residential Residential (In thousands) Commercial AD&C Investor R/E Occupied R/E Leasing Consumer Mortgage Construction Total Past due loans and leases 31-60 days $ 119 $ - $ 616 $ 1,819 $ - $ 1,642 $ 2,602 $ - $ 6,798 61-90 days 404 - 2,200 849 - 550 986 - 4,989 > 90 days - - - - - - - - - Total past due 523 - 2,816 2,668 - 2,192 3,588 - 11,787 Non-accrual loans and leases 3,696 194 8,368 6,340 - 2,193 8,822 418 30,031 Loans acquired with deteriorated credit quality 544 - - 307 - - - - 851 Current loans 461,002 255,786 707,900 668,712 - 446,490 783,948 128,863 3,452,701 Total loans and leases $ 465,765 $ 255,980 $ 719,084 $ 678,027 $ - $ 450,875 $ 796,358 $ 129,281 $ 3,495,370
Restructured Loans for Specific Segments of Loan Portfolio	The following table provides the amounts of the restructured loans at the date of restructuring for specific segments of the loan portfolio during the period indicated: For the Six Months Ended June 30, 2016 Commercial Real Estate Commercial All Commercial Commercial Owner Other (In thousands) Commercial AD&C Investor R/E Occupied R/E Loans Total Troubled debt restructurings Restructured accruing $ 42 $ - $ - $ 507 $ - $ 549 Restructured non-accruing 21 - - - - 21 Balance $ 63 $ - $ - $ 507 $ - $ 570 Specific allowance $ 60 $ - $ - $ - $ - $ 60 Restructured and subsequently defaulted $ - $ - $ - $ - $ - $ - For the Year Ended December 31, 2015 Commercial Real Estate Commercial All Commercial Commercial Owner Other (In thousands) Commercial AD&C Investor R/E Occupied R/E Loans Total Troubled debt restructurings Restructured accruing $ 1,003 $ - $ - $ 240 $ - $ 1,243 Restructured non-accruing - - - 639 - 639 Balance $ 1,003 $ - $ - $ 879 $ - $ 1,882 Specific allowance $ 303 $ - $ - $ 149 $ - $ 452 Restructured and subsequently defaulted $ - $ - $ - $ - $ - $ -
Commercial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Credit Risk Rating Indicators	The following tables provide information by credit risk rating indicators for each segment of the commercial loan portfolio at the dates indicated: June 30, 2016 Commercial Real Estate Commercial Commercial Commercial Owner (In thousands) Commercial AD&C Investor R/E Occupied R/E Total Pass $ 428,399 $ 285,448 $ 813,148 $ 684,548 $ 2,211,543 Special Mention 7,665 - 913 3,676 12,254 Substandard 15,647 137 10,191 12,375 38,350 Doubtful - - - - - Total $ 451,711 $ 285,585 $ 824,252 $ 700,599 $ 2,262,147 December 31, 2015 Commercial Real Estate Commercial Commercial Commercial Owner (In thousands) Commercial AD&C Investor R/E Occupied R/E Total Pass $ 447,439 $ 255,786 $ 706,623 $ 659,281 $ 2,069,129 Special Mention 797 - 1,509 3,356 5,662 Substandard 17,529 194 10,952 15,390 44,065 Doubtful - - - - - Total $ 465,765 $ 255,980 $ 719,084 $ 678,027 $ 2,118,856
Non Commercial Loan
Accounts, Notes, Loans and Financing Receivable [Line Items]
Credit Risk Rating Indicators	Homogeneous loan pools do not have individual loans subjected to internal risk ratings therefore, the credit indicator applied to these pools is based on their delinquency status. The following tables provide information by credit risk rating indicators for those remaining segments of the loan portfolio at the dates indicated: June 30, 2016 Residential Real Estate Residential Residential (In thousands) Leasing Consumer Mortgage Construction Total Performing $ - $ 444,547 $ 813,864 $ 142,508 $ 1,400,919 Non-performing: 90 days past due - 2 - - 2 Non-accruing - 2,600 6,186 202 8,988 Restructured loans and leases - - 568 - 568 Total $ - $ 447,149 $ 820,618 $ 142,710 $ 1,410,477 December 31, 2015 Residential Real Estate Residential Residential (In thousands) Leasing Consumer Mortgage Construction Total Performing $ - $ 448,682 $ 786,959 $ 128,863 $ 1,364,504 Non-performing: 90 days past due - - - - - Non-accruing - 2,193 8,822 418 11,433 Restructured loans and leases - - 577 - 577 Total $ - $ 450,875 $ 796,358 $ 129,281 $ 1,376,514

GOODWILL AND OTHER INTANGIBLE28

GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)	6 Months Ended
	Jun. 30, 2016
Goodwill and Intangible Assets Disclosure [Abstract]
Gross Carrying Amounts and Accumulated Amortization of Intangible Assets and Goodwill	The gross carrying amounts and accumulated amortization of intangible assets and goodwill are presented at the dates indicated in the following table: June 30, 2016 Weighted December 31, 2015 Weighted Gross Net Average Gross Net Average Carrying Accumulated Carrying Remaining Carrying Accumulated Carrying Remaining (Dollars in thousands) Amount Amortization Amount Life Amount Amortization Amount Life Amortizing intangible assets: Other identifiable intangibles $ 8,623 $ (8,546) $ 77 2.3 years $ 8,623 $ (8,485) $ 138 2.0 years Total amortizing intangible assets $ 8,623 $ (8,546) $ 77 $ 8,623 $ (8,485) $ 138 Goodwill $ 84,171 $ 84,171 $ 84,171 $ 84,171
Estimated Future Amortization Expense for Amortizing Intangibles	The following table presents the estimated future amortization expense for amortizing intangible assets within the years ending December 31: (In thousands) Amount 2016 $ 34 2017 16 2018 16 2019 11 Total amortizing intangible assets $ 77

DEPOSITS (Tables)

DEPOSITS (Tables)	6 Months Ended
	Jun. 30, 2016
Deposits [Abstract]
Composition of Deposits	The following table presents the composition of deposits at the dates indicated: (In thousands) June 30, 2016 December 31, 2015 Noninterest-bearing deposits $ 1,176,135 $ 1,001,841 Interest-bearing deposits: Demand 574,894 570,333 Money market savings 886,038 898,655 Regular savings 302,677 284,457 Time deposits of less than $100,000 259,962 248,172 Time deposits of $100,000 or more 310,435 260,272 Total interest-bearing deposits 2,334,006 2,261,889 Total deposits $ 3,510,141 $ 3,263,730

SHARE BASED COMPENSATION (Table

SHARE BASED COMPENSATION (Tables)	6 Months Ended
	Jun. 30, 2016
Share Based Compensation [Abstract]
Fair Values of all Options Granted Estimated Using Binomial Option-Pricing Model with Weighted-average Assumptions	The fair values of all of the options granted for the periods indicated have been estimated using a binomial option-pricing model with the weighted-average assumptions for the periods shown are presented in the follo win g table: Six Months Ended June 30, 2016 2015 Dividend yield 3.48 % 3.40 % Weighted average expected volatility 41.54 % 42.98 % Weighted average risk-free interest rate 1.42 % 1.42 % Weighted average expected lives (in years) 5.71 5.42 Weighted average grant-date fair value $7.75 $7.63
Summary of Share Option Activity	A summary of share option activity for the period indicated is reflected in the following table: Weighted Number Weighted Average Aggregate of Average Contractual Intrinsic Common Exercise Remaining Value Shares Share Price Life (Years) (in thousands) Balance at January 1, 2016 134,131 $ 19.70 $ 974 Granted 21,238 $ 27.46 Exercised (28,941) $ 14.58 $ 371 Forfeited or expired (1,060) $ 25.06 Balance at June 30, 2016 125,368 $ 22.15 3.9 $ 853 Exercisable at June 30, 2016 83,798 $ 19.93 2.8 $ 765 Weighted average fair value of options granted during the year $ 7.75
Summary of Activity for Company's Non-Vested Options	A summary of the activity for the Company’s restricted stock for the period indicated is presented in the following table: Number Weighted of Average Common Grant-Date (In dollars, except share data): Shares Fair Value Restricted stock at January 1, 2016 218,571 $ 23.30 Granted 78,081 $ 27.42 Vested (73,975) $ 22.04 Forfeited (5,847) $ 24.26 Restricted stock at June 30, 2016 216,830 $ 25.19

PENSION, PROFIT SHARING, AND 31

PENSION, PROFIT SHARING, AND OTHER EMPLOYEE BENEFIT PLANS (Tables)	6 Months Ended
	Jun. 30, 2016
Pension, Profit Sharing, and Other Employee Benefit Plans [Abstract]
Net Periodic Benefit Cost	The components of net periodic benefit cost for the periods indicated are presented in the following table: Three Months Ended June 30, Six Months Ended June 30, (In thousands) 2016 2015 2016 2015 Interest cost on projected benefit obligation $ 415 $ 407 $ 826 $ 817 Expected return on plan assets (375) (406) (747) (812) Recognized net actuarial loss 291 259 575 551 Net periodic benefit cost $ 331 $ 260 $ 654 $ 556

NET INCOME PER COMMON SHARE (Ta

NET INCOME PER COMMON SHARE (Tables)	6 Months Ended
	Jun. 30, 2016
Earnings Per Share [Abstract]
Calculation of Net Income Per Common Share	The calculation of net income per common share for the periods indicated is presented in the following table: Three Months Ended June 30, Six Months Ended June 30, (Dollars and amounts in thousands, except per share data) 2016 2015 2016 2015 Net income $ 10,647 $ 10,333 $ 21,460 $ 21,558 Basic: Basic weighted average EPS shares 23,865 24,626 23,920 24,776 Basic net income per share $ 0.45 $ 0.42 $ 0.90 $ 0.87 Diluted: Basic weighted average EPS shares 23,865 24,626 23,920 24,776 Dilutive common stock equivalents 244 64 246 92 Dilutive EPS shares 24,109 24,690 24,166 24,868 Diluted net income per share $ 0.44 $ 0.42 $ 0.89 $ 0.87 Anti-dilutive shares 7 8 6 8

OTHER COMPREHENSIVE INCOME (L33

OTHER COMPREHENSIVE INCOME (LOSS) (Tables)	6 Months Ended
	Jun. 30, 2016
Other Comprehensive Income Loss [Abstract]
Net Accumulated Other Comprehensive Income (Loss)	The following table presents the activit y in net accumulated other comprehensive income (loss) and the components of the activity for the periods indicated: Unrealized Gains (Losses) on Investments Defined Benefit (In thousands) Available-for-Sale Pension Plan Total Balance at January 1, 2016 $ 6,566 $ (7,863) $ (1,297) Other comprehensive income before reclassification, net of tax 7,990 - 7,990 Reclassifications from accumulated other comprehensive income, net of tax (1,154) 347 (807) Current period change in other comprehensive income, net of tax 6,836 347 7,183 Balance at June 30, 2016 $ 13,402 $ (7,516) $ 5,886 Unrealized Gains (Losses) on Investments Defined Benefit (In thousands) Available-for-Sale Pension Plan Total Balance at January 1, 2015 $ 8,078 $ (8,901) $ (823) Other comprehensive income before reclassification, net of tax (100) - (100) Reclassifications from accumulated other comprehensive income, net of tax - 331 331 Current period change in other comprehensive income, net of tax (100) 331 231 Balance at June 30, 2015 $ 7,978 $ (8,570) $ (592)
Schedule of Amounts Recognized in Other Comprehensive Income (Loss)	The following table provides the information on the reclassification adjustments out of accumulated other comprehensive income for the periods indicated: For the Six Months Ended June 30, (In thousands) 2016 2015 Unrealized gains/(losses) on investments available-for-sale Affected line item in the Statements of Income: Investment securities gains $ 1,919 $ 19 Income before taxes 1,919 19 Tax expense 765 8 Net income $ 1,154 $ 11 Amortization of defined benefit pension plan items Affected line item in the Statements of Income: Recognized actuarial loss (1) $ 575 $ 551 Income before taxes 575 551 Tax expense 228 220 Net income $ 347 $ 331 (1) This amount is included in the computation of net periodic benefit cost, see Note 9

FAIR VALUE (Tables)

FAIR VALUE (Tables)	6 Months Ended
	Jun. 30, 2016
Fair Value Disclosures [Abstract]
Financial assets and Liabilities at Dates Indicated that were Accounted for at Fair Value	The following tables set forth the Company’s financial assets and liabilities at the dates indicated that were accounted for or disclosed at fair value. Assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement: June 30, 2016 Quoted Prices in Significant Active Markets for Significant Other Unobservable Identical Assets Observable Inputs Inputs (In thousands) (Level 1) (Level 2) (Level 3) Total Assets Residential mortgage loans held for sale $ - $ 13,490 $ - $ 13,490 Investments available-for-sale: U.S. government agencies - 79,791 - 79,791 State and municipal - 305,160 - 305,160 Mortgage-backed - 311,189 - 311,189 Corporate debt - - 2,116 2,116 Trust preferred - - 1,007 1,007 Marketable equity securities - 1,223 - 1,223 Interest rate swap agreements - 1,428 - 1,428 Liabilities Interest rate swap agreements $ - $ (1,428) $ - $ (1,428) December 31, 2015 Quoted Prices in Significant Active Markets for Significant Other Unobservable Identical Assets Observable Inputs Inputs (In thousands) (Level 1) (Level 2) (Level 3) Total Assets Residential mortgage loans held for sale $ - $ 15,457 $ - $ 15,457 Investments available-for-sale: U.S. government agencies - 108,400 - 108,400 State and municipal - 164,707 - 164,707 Mortgage-backed - 316,696 - 316,696 Trust preferred - - 1,023 1,023 Marketable equity securities - 1,223 - 1,223 Interest rate swap agreements - 1,312 - 1,312 Liabilities Interest rate swap agreements $ - $ (1,312) $ - $ (1,312)
Unrealized Losses Included in Assets Measured in Condensed Consolidated Statements of Condition at Fair Value on a Recurring Basis	The following table provides unrealized losses included in assets measured in the Condensed Consolidated Statements of Condition at fair value on a recurring basis for the period indicated: Significant Unobservable Inputs (In thousands) (Level 3) Investments available-for-sale: Balance at January 1, 2016 $ 1,023 Transfer into Level 3 2,116 Total unrealized losses included in other comprehensive income (loss) (16) Balance at June 30, 2016 $ 3,123
Assets Measured at Fair Value on Nonrecurring Basis	The following table sets forth the Company’s financial assets subject to fair value adjustments (impairment) on a nonrecurring basis at the date indicated that are valued at the lower of cost or market. Assets are classified in their entirety based on the lowest level of input that is significant to the fair value measurement: June 30, 2016 Quoted Prices in Significant Active Markets Other Significant for Identical Observable Unobservable (In thousands) Assets (Level 1) Inputs (Level 2) Inputs (Level 3) Total Total Losses Impaired loans $ - $ - $ 8,219 $ 8,219 $ 10,291 Other real estate owned - - 1,311 1,311 (107) Total $ - $ - $ 9,530 $ 9,530 $ 10,184 December 31, 2015 Quoted Prices in Significant Active Markets Other Significant for Identical Observable Unobservable (In thousands) Assets (Level 1) Inputs (Level 2) Inputs (Level 3) Total Total Losses Impaired loans $ - $ - $ 9,349 $ 9,349 $ 10,348 Other real estate owned - - 2,742 2,742 (80) Total $ - $ - $ 12,091 $ 12,091 $ 10,268
Carrying Amounts And Fair Values of Company's Financial Instruments	The carrying amounts and fair values of the Company’s financial instruments at the dates indicated are presented in the following table: Fair Value Measurements June 30, 2016 Quoted Prices in Estimated Active Markets for Significant Other Significant Carrying Fair Identical Assets Observable Inputs Unobservable Inputs (In thousands) Amount Value (Level 1) (Level 2) (Level 3) Financial Assets Other equity securities $ 34,342 $ 34,342 $ - $ 34,342 $ - Loans, net of allowance 3,629,240 3,662,341 - - 3,662,341 Other assets 92,095 92,095 - 92,095 - Financial Liabilities Time deposits $ 570,397 $ 573,670 $ - $ 573,670 $ - Securities sold under retail repurchase agreements and federal funds purchased 117,887 117,887 - 117,887 - Advances from FHLB 515,000 534,818 - 534,818 - Subordinated debentures 30,000 13,994 - - 13,994 Fair Value Measurements December 31, 2015 Quoted Prices in Estimated Active Markets for Significant Other Significant Carrying Fair Identical Assets Observable Inputs Unobservable Inputs (In thousands) Amount Value (Level 1) (Level 2) (Level 3) Financial Assets Investments held-to-maturity and other equity securities $ 249,601 $ 253,040 $ - $ 253,040 $ - Loans, net of allowance 3,454,475 3,526,807 - - 3,526,807 Other assets 90,866 90,866 - 90,866 - Financial Liabilities Time deposits $ 508,444 $ 508,000 $ - $ 508,000 $ - Securities sold under retail repurchase agreements and federal funds purchased 109,145 109,145 - 109,145 - Advances from FHLB 685,000 704,410 - 704,410 - Subordinated debentures 35,000 14,694 - - 14,694

SEGMENT REPORTING (Tables)

SEGMENT REPORTING (Tables)	6 Months Ended
	Jun. 30, 2016
Segment Reporting [Abstract]
Operating Segments and Reconciliation of Information to Condensed Consolidated Financial Statements	Information for the operating segments and reconciliation of the information to the condensed consolidated financial statements for the periods indicated is presented in the following tables: Three Months Ended June 30, 2016 Community Investment Inter-Segment (In thousands) Banking Insurance Mgmt. Elimination Total Interest income $ 41,804 $ - $ 1 $ (2) $ 41,803 Interest expense 5,073 - - (2) 5,071 Provision for loan and lease losses 2,957 - - - 2,957 Noninterest income 10,136 950 1,843 (178) 12,751 Noninterest expense 28,999 1,030 1,020 (178) 30,871 Income before income taxes 14,911 (80) 824 - 15,655 Income tax expense 4,718 (31) 321 - 5,008 Net income $ 10,193 $ (49) $ 503 $ - $ 10,647 Assets $ 4,742,368 $ 5,754 $ 11,601 $ (20,274) $ 4,739,449 Three Months Ended June 30, 2015 Community Investment Inter-Segment (In thousands) Banking Insurance Mgmt. Elimination Total Interest income $ 38,849 $ - $ 2 $ (2) $ 38,849 Interest expense 4,918 - - (2) 4,916 Provision for loan and lease losses 1,218 - - - 1,218 Non-interest income 24,945 984 1,754 (15,574) 12,109 Non-interest expense 42,958 1,169 924 (15,574) 29,477 Income before income taxes 14,700 (185) 832 - 15,347 Income tax expense 4,763 (74) 325 - 5,014 Net income $ 9,937 $ (111) $ 507 $ - $ 10,333 Assets $ 4,508,858 $ 5,647 $ 10,672 $ (17,810) $ 4,507,367 Six Months Ended June 30, 2016 Community Investment Inter-Segment (In thousands) Banking Insurance Mgmt. Elimination Total Interest income $ 83,457 $ 1 $ 2 $ (4) $ 83,456 Interest expense 10,606 - - (4) 10,602 Provision for loan and lease losses 4,193 - - - 4,193 Noninterest income 20,355 2,403 3,712 (356) 26,114 Noninterest expense 59,379 2,201 1,964 (356) 63,188 Income before income taxes 29,634 203 1,750 - 31,587 Income tax expense 9,362 83 682 - 10,127 Net income $ 20,272 $ 120 $ 1,068 $ - $ 21,460 Assets $ 4,742,368 $ 5,754 $ 11,601 $ (20,274) $ 4,739,449 Six Months Ended June 30, 2015 Community Investment Inter-Segment (In thousands) Banking Insurance Mgmt. Elimination Total Interest income $ 76,920 $ 1 $ 3 $ (3) $ 76,921 Interest expense 9,618 - - (3) 9,615 Provision for loan and lease losses 1,815 - - - 1,815 Non-interest income 34,781 2,678 3,564 (15,755) 25,268 Non-interest expense 69,975 2,552 1,949 (15,755) 58,721 Income before income taxes 30,293 127 1,618 - 32,038 Income tax expense 9,797 52 631 - 10,480 Net income $ 20,496 $ 75 $ 987 $ - $ 21,558 Assets $ 4,508,858 $ 5,647 $ 10,672 $ (17,810) $ 4,507,367

INVESTMENTS (Additional Informa

INVESTMENTS (Additional Information) (Detail) - USD ($)	6 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Investment [Line Items]
Investments available-for-sale book value	$ 476,500,000	$ 233,200,000
Investments held-to-maturity book value	0	$ 194,300,000
Non Credit Portion Of Other Than Temporary Impairments Recognized In Other Comprehensive Income	100,000
Held-to-maturity Securities, Transferred Security, at Carrying Value	203,100,000
Held-to-maturity Securities, Transferred to Available-for-sale Securities, Unrealized Gain (Loss)	$ 4,600,000
Held-to-maturity Securities, Transferred Security, Circumstances for Decision to Transfer	The Company made this transfer to provide additional liquidity to fund future loan growth and other corporate activities.
Banks And Financial Institutions [Member]
Investment [Line Items]
Trust Preferred Securities Fair Value	$ 1,000,000
Trust Preferred Securities	1,100,000
Government National Mortgage Association Certificates And Obligations Federal National Mortgage Association Certificates And Obligations And Federal Home Loan Mortgage Corporation Certificates And Obligations [Member] | Collateralized Mortgage Obligations [Member]
Investment [Line Items]
Financial Instruments, Owned, Mortgages, Mortgage-backed and Asset-backed Securities, at Fair Value	119,600,000
Government National Mortgage Association Certificates And Obligations Federal National Mortgage Association Certificates And Obligations And Federal Home Loan Mortgage Corporation Certificates And Obligations [Member] | Mortgage Backed Securities [Member]
Investment [Line Items]
Financial Instruments, Owned, Mortgages, Mortgage-backed and Asset-backed Securities, at Fair Value	$ 191,600,000

INVESTMENTS (Amortized Cost and

INVESTMENTS (Amortized Cost and Estimated Fair Values of Investments Available-for-sale) (Detail) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Schedule Of Available For Sale Securities [Line Items]
Amortized Cost	$ 678,264	$ 581,162
Gross Unrealized Gains	22,436	14,833
Gross Unrealized Losses	(214)	(3,946)
Estimated Fair Value	700,486	592,049
Marketable Equity Securities
Schedule Of Available For Sale Securities [Line Items]
Amortized Cost	1,223	1,223
Gross Unrealized Gains	0	0
Gross Unrealized Losses	0	0
Estimated Fair Value	1,223	1,223
Debt Securities
Schedule Of Available For Sale Securities [Line Items]
Amortized Cost	677,041	579,939
Gross Unrealized Gains	22,436	14,833
Gross Unrealized Losses	(214)	(3,946)
Estimated Fair Value	699,263	590,826
Debt Securities | U.S. Government Agencies
Schedule Of Available For Sale Securities [Line Items]
Amortized Cost	79,741	109,602
Gross Unrealized Gains	50	132
Gross Unrealized Losses	0	(1,334)
Estimated Fair Value	79,791	108,400
Debt Securities | State and municipal
Schedule Of Available For Sale Securities [Line Items]
Amortized Cost	290,152	156,402
Gross Unrealized Gains	15,043	8,305
Gross Unrealized Losses	(35)	0
Estimated Fair Value	305,160	164,707
Debt Securities | Mortgage-Backed
Schedule Of Available For Sale Securities [Line Items]
Amortized Cost	303,959	312,846
Gross Unrealized Gains	7,327	6,396
Gross Unrealized Losses	(97)	(2,546)
Estimated Fair Value	311,189	316,696
Debt Securities | Corporate Debt
Schedule Of Available For Sale Securities [Line Items]
Amortized Cost	2,100	0
Gross Unrealized Gains	16	0
Gross Unrealized Losses	0	0
Estimated Fair Value	2,116	0
Debt Securities | Trust Preferred
Schedule Of Available For Sale Securities [Line Items]
Amortized Cost	1,089	1,089
Gross Unrealized Gains	0	0
Gross Unrealized Losses	(82)	(66)
Estimated Fair Value	$ 1,007	$ 1,023

INVESTMENTS (Activity of OTTI o

INVESTMENTS (Activity of OTTI on Investment Securities Due to Credit Losses Recognized in Earnings) (Detail) $ in Thousands	6 Months Ended
	Jun. 30, 2016USD ($)
Investments [Abstract]
Cumulative credit losses on investment securities, through	$ 531
Additions for credit losses not previously recognized	0
Cumulative credit losses on investment securities, through	$ 531

INVESTMENTS (Gross Unrealized L

INVESTMENTS (Gross Unrealized Losses and Fair Value by Length of Time of Available-For-Sale Securities) (Detail) $ in Thousands	Jun. 30, 2016USD ($)Securities	Dec. 31, 2015USD ($)Securities
Schedule Of Available For Sale Securities [Line Items]
Number of Securities | Securities	9	34
Fair Value	$ 29,570	$ 220,134
Less than 12 months	75	1,736
More than 12 months	139	2,210
Total Unrealized Losses	$ 214	$ 3,946
Us Government Agencies Debt Securities [Member]
Schedule Of Available For Sale Securities [Line Items]
Number of Securities | Securities		7
Fair Value		$ 78,555
Less than 12 months		1,020
More than 12 months		314
Total Unrealized Losses		$ 1,334
U S States and Political Subdivisions [Member]
Schedule Of Available For Sale Securities [Line Items]
Number of Securities | Securities	3
Fair Value	$ 15,994
Less than 12 months	2
More than 12 months	33
Total Unrealized Losses	$ 35
Mortgage Backed Securities [Member]
Schedule Of Available For Sale Securities [Line Items]
Number of Securities | Securities	5	26
Fair Value	$ 12,570	$ 140,556
Less than 12 months	73	716
More than 12 months	24	1,830
Total Unrealized Losses	$ 97	$ 2,546
Trust Preferred Securities [Member]
Schedule Of Available For Sale Securities [Line Items]
Number of Securities | Securities	1	1
Fair Value	$ 1,006	$ 1,023
Less than 12 months	0	0
More than 12 months	82	66
Total Unrealized Losses	$ 82	$ 66

INVESTMENTS (Amortized Cost a40

INVESTMENTS (Amortized Cost and Estimated Fair Values of investment securities Available-For-Sale by Contractual Maturity) (Detail) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Amortized Cost
Due in one year or less	$ 3,179	$ 301
Due after one year through five years	152,318	157,710
Due after five years through ten years	247,172	168,136
Due after ten years	274,372	253,792
Total debt securities available for sale	677,041	579,939
Estimated Fair Value
Due in one year or less	3,234	306
Due after one year through five years	159,496	160,257
Due after five years through ten years	256,946	174,677
Due after ten years	279,587	255,586
Estimated Fair Value	$ 699,263	$ 590,826

INVESTMENTS (Amortized Cost a41

INVESTMENTS (Amortized Cost and Estimated Fair Values of Investments Held-To-Maturity) (Detail) $ in Thousands	Dec. 31, 2015USD ($)
Schedule Of Held To Maturity Securities [Line Items]
Amortized Cost	$ 208,265
Gross Unrealized Gains	4,320
Gross Unrealized Losses	(881)
Investments held-to-maturity, fair value	211,704
U.S. Government Agencies
Schedule Of Held To Maturity Securities [Line Items]
Amortized Cost	56,460
Gross Unrealized Gains	0
Gross Unrealized Losses	(733)
Investments held-to-maturity, fair value	55,727
State and municipal
Schedule Of Held To Maturity Securities [Line Items]
Amortized Cost	149,537
Gross Unrealized Gains	4,297
Gross Unrealized Losses	(148)
Investments held-to-maturity, fair value	153,686
Mortgage-Backed
Schedule Of Held To Maturity Securities [Line Items]
Amortized Cost	168
Gross Unrealized Gains	23
Gross Unrealized Losses	0
Investments held-to-maturity, fair value	191
Corporate Debt
Schedule Of Held To Maturity Securities [Line Items]
Amortized Cost	2,100
Gross Unrealized Gains	0
Gross Unrealized Losses	0
Investments held-to-maturity, fair value	$ 2,100

INVESTMENTS (Gross Unrealized42

INVESTMENTS (Gross Unrealized Losses and Fair Value by Length of Time for Held-To-Maturity Securities) (Detail) $ in Thousands	Dec. 31, 2015USD ($)Securities
Schedule Of Held To Maturity Securities [Line Items]
Number of securities | Securities	17
Fair Value	$ 68,096
Less than 12 months	479
More than 12 months	402
Total Unrealized Losses	$ 881
U.S. government agencies
Schedule Of Held To Maturity Securities [Line Items]
Number of securities | Securities	6
Fair Value	$ 55,727
Less than 12 months	456
More than 12 months	277
Total Unrealized Losses	$ 733
State and municipal
Schedule Of Held To Maturity Securities [Line Items]
Number of securities | Securities	11
Fair Value	$ 12,369
Less than 12 months	23
More than 12 months	125
Total Unrealized Losses	$ 148

INVESTMENTS (Amortized Cost a43

INVESTMENTS (Amortized Cost and Estimated Fair Values of Debt Securities Held-To-Maturity by Contractual Maturity) (Detail) $ in Thousands	Dec. 31, 2015USD ($)
Amortized Cost
Due in one year or less	$ 845
Due after one year through five years	19,217
Due after five years through ten years	163,125
Due after ten years	25,078
Total debt securities held-to-maturity	208,265
Estimated Fair Value
Due in one year or less	853
Due after one year through five years	20,041
Due after five years through ten years	165,620
Due after ten years	25,190
Total debt securities held-to-maturity	$ 211,704

INVESTMENTS (Other Equity Secur

INVESTMENTS (Other Equity Securities) (Detail) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Other Securities Owned [Line Items]
Federal Reserve Bank stock	$ 8,269	$ 8,269
Total equity securities	34,342	41,336
Atlantic Central Bankers Bank Stock
Other Securities Owned [Line Items]
Federal Home Loan Bank of Atlanta stock	$ 26,073	$ 33,067

LOANS AND LEASES (Additional In

LOANS AND LEASES (Additional Information) (Detail) - USD ($)	Jun. 30, 2016	Dec. 31, 2015
Loans and Leases [Abstract]
Unearned income and deferred fees	$ 1,000,000	$ 1,100,000

LOANS AND LEASES (Loan Portfoli

LOANS AND LEASES (Loan Portfolio Segment Balances) (Detail) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	$ 3,672,624	$ 3,495,370
Commercial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	451,711	465,765
Leases
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	0	0
Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	447,149	450,875
Commercial Real Estate Portfolio Segment [Member] | Commercial Owner Occupied Real Estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	700,599	678,027
Commercial Real Estate Portfolio Segment [Member] | Commercial Investor Real Estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	824,252	719,084
Commercial Real Estate Portfolio Segment [Member] | Commercial Acquisition, Development and Construction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	285,585	255,980
Residential Real Estate Portfolio Segment [Member] | Residential Mortgage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	820,618	796,358
Residential Real Estate Portfolio Segment [Member] | Residential Construction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	$ 142,710	$ 129,281

CREDIT QUALITY ASSESSMENT (Addi

CREDIT QUALITY ASSESSMENT (Additional Information) (Detail) - USD ($)	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing Receivable Troubled Debt Restructurings Restructured Accruing	$ 600,000	$ 1,900,000
Other real estate owned	1,311,000	2,742,000
Restructured Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing Receivable Troubled Debt Restructurings Specific Allowance		500,000
Additional Financing Receivable Troubled Debt Restructurings Restructured	$ 200,000	$ 100,000

CREDIT QUALITY ASSESSMENT (Summ

CREDIT QUALITY ASSESSMENT (Summary Information on Allowance for Loan and Lease Loss Activity) (Detail) - 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
Credit Quality Assessment [Abstract]
Balance at beginning of year			$ 40,895	$ 37,802	$ 37,802
Provision (credit) for loan and lease losses	$ 2,957	$ 1,218	4,193	1,815	5,371
Loan and lease charge-offs			(2,272)	(1,837)	(3,795)
Loan and lease recoveries			568	933	1,517
Net charge-offs			(1,704)	(904)	(2,278)
Balance at period end	$ 43,384	$ 38,713	$ 43,384	$ 38,713	$ 40,895

CREDIT QUALITY ASSESSMENT (Acti

CREDIT QUALITY ASSESSMENT (Activity in Allowance for Loan and Lease Losses by Respective Loan Portfolio Segment) (Detail) - 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
Financing Receivable Allowance For Credit Losses [Line Items]
Balance at beginning of year			$ 40,895	$ 37,802	$ 37,802
Provision (credit)	$ 2,957	$ 1,218	4,193	1,815	5,371
Charge-offs			(2,272)	(1,837)	(3,795)
Recoveries			568	933	1,517
Net charge-offs			(1,704)	(904)	(2,278)
Balance at period end	43,384	$ 38,713	43,384	38,713	40,895
Total loans and leases	$ 3,672,624		$ 3,672,624		$ 3,495,370
Allowance for loans and leases to total loans and leases ratio	1.18%		1.18%		1.17%
Balance of loans specifically evaluated for impairment	$ 25,120		$ 25,120		$ 28,927
Allowance for loans specifically evaluated for impairment	$ 3,778		$ 3,778		$ 3,375
Specific allowance to specific loans ratio	15.04%		15.04%		11.67%
Balance of loans collectively evaluated	$ 3,647,504		$ 3,647,504		$ 3,466,443
Allowance for loans collectively evaluated	39,606		$ 39,606		$ 37,520
Collective allowance to collective loans ratio			1.09%		1.08%
Commercial
Financing Receivable Allowance For Credit Losses [Line Items]
Balance at beginning of year			$ 6,529	5,852	$ 5,852
Provision (credit)			767		508
Charge-offs			(185)		(306)
Recoveries			12		475
Net charge-offs			(173)		169
Balance at period end	7,123		7,123		6,529
Total loans and leases	$ 451,711		$ 451,711		$ 465,765
Allowance for loans and leases to total loans and leases ratio	1.58%		1.58%		1.40%
Balance of loans specifically evaluated for impairment	$ 5,517		$ 5,517		$ 5,273
Allowance for loans specifically evaluated for impairment	$ 1,951		$ 1,951		$ 1,318
Specific allowance to specific loans ratio	35.36%		35.36%		25.00%
Balance of loans collectively evaluated	$ 446,194		$ 446,194		$ 460,492
Allowance for loans collectively evaluated	5,172		$ 5,172		$ 5,211
Collective allowance to collective loans ratio			1.16%		1.13%
Leases
Financing Receivable Allowance For Credit Losses [Line Items]
Balance at beginning of year			$ 0	9	$ 9
Provision (credit)			0		(5)
Charge-offs			0		(4)
Recoveries			0		0
Net charge-offs			0		(4)
Balance at period end	0		0		0
Total loans and leases	0		0		0
Consumer
Financing Receivable Allowance For Credit Losses [Line Items]
Balance at beginning of year			3,456	3,592	3,592
Provision (credit)			(145)		619
Charge-offs			(508)		(998)
Recoveries			90		243
Net charge-offs			(418)		(755)
Balance at period end	2,893		2,893		3,456
Total loans and leases	$ 447,149		$ 447,149		$ 450,875
Allowance for loans and leases to total loans and leases ratio	0.65%		0.65%		0.77%
Balance of loans collectively evaluated	$ 447,149		$ 447,149		$ 450,875
Allowance for loans collectively evaluated	2,893		$ 2,893		$ 3,456
Collective allowance to collective loans ratio			0.65%		0.77%
Commercial Real Estate Portfolio Segment | Commercial Acquisition, Development and Construction
Financing Receivable Allowance For Credit Losses [Line Items]
Balance at beginning of year			$ 4,691	4,267	$ 4,267
Provision (credit)			354		583
Charge-offs			(48)		(739)
Recoveries			0		580
Net charge-offs			(48)		(159)
Balance at period end	4,997		4,997		4,691
Total loans and leases	$ 285,585		$ 285,585		$ 255,980
Allowance for loans and leases to total loans and leases ratio	1.75%		1.75%		1.83%
Balance of loans specifically evaluated for impairment	$ 137		$ 137		$ 194
Allowance for loans specifically evaluated for impairment	$ 0		$ 0		$ 58
Specific allowance to specific loans ratio	0.00%		0.00%		29.90%
Balance of loans collectively evaluated	$ 285,448		$ 285,448		$ 255,786
Allowance for loans collectively evaluated	4,997		$ 4,997		$ 4,633
Collective allowance to collective loans ratio			1.75%		1.81%
Commercial Real Estate Portfolio Segment | Commercial Investor Real Estate
Financing Receivable Allowance For Credit Losses [Line Items]
Balance at beginning of year			$ 10,440	9,784	$ 9,784
Provision (credit)			1,478		727
Charge-offs			(197)		(91)
Recoveries			112		20
Net charge-offs			(85)		(71)
Balance at period end	11,833		11,833		10,440
Total loans and leases	$ 824,252		$ 824,252		$ 719,084
Allowance for loans and leases to total loans and leases ratio	1.44%		1.44%		1.45%
Balance of loans specifically evaluated for impairment	$ 9,720		$ 9,720		$ 10,441
Allowance for loans specifically evaluated for impairment	$ 1,274		$ 1,274		$ 1,489
Specific allowance to specific loans ratio	13.11%		13.11%		14.26%
Balance of loans collectively evaluated	$ 814,532		$ 814,532		$ 708,643
Allowance for loans collectively evaluated	10,559		$ 10,559		$ 8,951
Collective allowance to collective loans ratio			1.30%		1.26%
Commercial Real Estate Portfolio Segment | Commercial Owner Occupied Real Estate
Financing Receivable Allowance For Credit Losses [Line Items]
Balance at beginning of year			$ 7,984	7,143	$ 7,143
Provision (credit)			91		1,881
Charge-offs			0		(1,043)
Recoveries			4		3
Net charge-offs			4		(1,040)
Balance at period end	8,079		8,079		7,984
Total loans and leases	$ 700,599		$ 700,599		$ 678,027
Allowance for loans and leases to total loans and leases ratio	1.15%		1.15%		1.18%
Balance of loans specifically evaluated for impairment	$ 6,424		$ 6,424		$ 6,580
Allowance for loans specifically evaluated for impairment	$ 553		$ 553		$ 510
Specific allowance to specific loans ratio	8.61%		8.61%		7.75%
Balance of loans collectively evaluated	$ 694,175		$ 694,175		$ 671,447
Allowance for loans collectively evaluated	7,526		$ 7,526		$ 7,474
Collective allowance to collective loans ratio			1.08%		1.11%
Residential Real Estate Portfolio Segment | Residential Mortgage
Financing Receivable Allowance For Credit Losses [Line Items]
Balance at beginning of year			$ 6,901	6,232	$ 6,232
Provision (credit)			1,660		1,138
Charge-offs			(1,334)		(614)
Recoveries			330		145
Net charge-offs			(1,004)		(469)
Balance at period end	7,557		7,557		6,901
Total loans and leases	$ 820,618		$ 820,618		$ 796,358
Allowance for loans and leases to total loans and leases ratio	0.92%		0.92%		0.87%
Balance of loans specifically evaluated for impairment	$ 3,322		$ 3,322		$ 6,439
Allowance for loans specifically evaluated for impairment	0		0		0
Balance of loans collectively evaluated	817,296		817,296		789,919
Allowance for loans collectively evaluated	7,557		$ 7,557		$ 6,901
Collective allowance to collective loans ratio			0.92%		0.87%
Residential Real Estate Portfolio Segment | Residential Construction
Financing Receivable Allowance For Credit Losses [Line Items]
Balance at beginning of year			$ 894	$ 923	$ 923
Provision (credit)			(12)		(80)
Charge-offs			0		0
Recoveries			20		51
Net charge-offs			20		51
Balance at period end	902		902		894
Total loans and leases	$ 142,710		$ 142,710		$ 129,281
Allowance for loans and leases to total loans and leases ratio	0.63%		0.63%		0.69%
Balance of loans specifically evaluated for impairment	$ 0		$ 0		$ 0
Allowance for loans specifically evaluated for impairment	0		0		0
Balance of loans collectively evaluated	142,710		142,710		129,281
Allowance for loans collectively evaluated	$ 902		$ 902		$ 894
Collective allowance to collective loans ratio			0.63%		0.69%

CREDIT QUALITY ASSESSMENT (Su50

CREDIT QUALITY ASSESSMENT (Summary of Impaired Loans) (Detail) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Credit Quality Assessment [Abstract]
Impaired loans with a specific allowance	$ 12,018	$ 14,208
Impaired loans without a specific allowance	13,102	14,719
Total impaired loans	25,120	28,927
Allowance for loan and lease losses related to impaired loans	3,778	3,375
Allowance for loan and lease losses related to loans collectively evaluated	39,606	37,520
Total allowance for loan and lease losses	43,384	40,895
Average impaired loans for the period	27,840	29,828
Contractual interest income due on impaired loans during the period	1,099	2,527
Interest income on impaired loans recognized on a cash basis	507	961
Interest income on impaired loans recognized on an accrual basis	$ 119	$ 274

CREDIT QUALITY ASSESSMENT (Reco

CREDIT QUALITY ASSESSMENT (Recorded Investment with Respect to Impaired loans, Associated Allowance by Applicable Portfolio Segment and Principal Balance of Impaired Loans prior to Amounts Charged-off) (Detail) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Financing Receivable Impaired [Line Items]
Impaired loans with a specific allowance	$ 12,018	$ 14,208
Impaired loans without a specific allowance	13,102	14,719
Impaired loans	25,120	28,927
Impaired Financing Receivable, Related Allowance	3,778	3,375
Unpaid principal balance in total impaired loans	39,362	42,461
Non Accrual Loans
Financing Receivable Impaired [Line Items]
Impaired loans with a specific allowance	10,453	12,536
Impaired loans without a specific allowance	3,832	5,035
Impaired loans	14,285	17,571
Restructuring | Accrual Loans
Financing Receivable Impaired [Line Items]
Impaired loans with a specific allowance	841	876
Impaired loans without a specific allowance	2,579	3,591
Impaired loans	3,420	4,467
Restructuring | Non Accrual Loans
Financing Receivable Impaired [Line Items]
Impaired loans with a specific allowance	724	796
Impaired loans without a specific allowance	6,691	6,093
Impaired loans	7,415	6,889
Commercial
Financing Receivable Impaired [Line Items]
Impaired loans with a specific allowance	2,485	2,200
Impaired loans without a specific allowance	3,032	3,073
Impaired loans	5,517	5,273
Impaired Financing Receivable, Related Allowance	1,951	1,318
Unpaid principal balance in total impaired loans	7,791	7,158
Commercial | Non Accrual Loans
Financing Receivable Impaired [Line Items]
Impaired loans with a specific allowance	1,559	1,168
Impaired loans without a specific allowance	1,189	974
Impaired loans	2,748	2,142
Commercial | Restructuring | Accrual Loans
Financing Receivable Impaired [Line Items]
Impaired loans with a specific allowance	841	876
Impaired loans without a specific allowance	413	701
Impaired loans	1,254	1,577
Commercial | Restructuring | Non Accrual Loans
Financing Receivable Impaired [Line Items]
Impaired loans with a specific allowance	85	156
Impaired loans without a specific allowance	1,430	1,398
Impaired loans	1,515	1,554
All Other
Financing Receivable Impaired [Line Items]
Impaired loans with a specific allowance	0	0
Impaired loans without a specific allowance	3,322	6,439
Impaired loans	3,322	6,439
Impaired Financing Receivable, Related Allowance	0	0
Unpaid principal balance in total impaired loans	4,001	7,154
All Other | Non Accrual Loans
Financing Receivable Impaired [Line Items]
Impaired loans with a specific allowance	0	0
Impaired loans without a specific allowance	0	2,750
Impaired loans	0	2,750
All Other | Restructuring | Accrual Loans
Financing Receivable Impaired [Line Items]
Impaired loans with a specific allowance	0	0
Impaired loans without a specific allowance	568	577
Impaired loans	568	577
All Other | Restructuring | Non Accrual Loans
Financing Receivable Impaired [Line Items]
Impaired loans with a specific allowance	0	0
Impaired loans without a specific allowance	2,754	3,112
Impaired loans	2,754	3,112
Commercial Real Estate Portfolio Segment | Commercial Acquisition, Development and Construction
Financing Receivable Impaired [Line Items]
Impaired loans with a specific allowance	0	58
Impaired loans without a specific allowance	137	136
Impaired loans	137	194
Impaired Financing Receivable, Related Allowance	0	58
Unpaid principal balance in total impaired loans	4,398	4,456
Commercial Real Estate Portfolio Segment | Commercial Acquisition, Development and Construction | Non Accrual Loans
Financing Receivable Impaired [Line Items]
Impaired loans with a specific allowance	0	58
Impaired loans without a specific allowance	0	0
Impaired loans	0	58
Commercial Real Estate Portfolio Segment | Commercial Acquisition, Development and Construction | Restructuring | Accrual Loans
Financing Receivable Impaired [Line Items]
Impaired loans with a specific allowance	0	0
Impaired loans without a specific allowance	0	0
Impaired loans	0	0
Commercial Real Estate Portfolio Segment | Commercial Acquisition, Development and Construction | Restructuring | Non Accrual Loans
Financing Receivable Impaired [Line Items]
Impaired loans with a specific allowance	0	0
Impaired loans without a specific allowance	137	136
Impaired loans	137	136
Commercial Real Estate Portfolio Segment | Commercial Investor Real Estate
Financing Receivable Impaired [Line Items]
Impaired loans with a specific allowance	7,161	7,791
Impaired loans without a specific allowance	2,559	2,650
Impaired loans	9,720	10,441
Impaired Financing Receivable, Related Allowance	1,274	1,489
Unpaid principal balance in total impaired loans	14,387	15,138
Commercial Real Estate Portfolio Segment | Commercial Investor Real Estate | Non Accrual Loans
Financing Receivable Impaired [Line Items]
Impaired loans with a specific allowance	7,161	7,791
Impaired loans without a specific allowance	658	518
Impaired loans	7,819	8,309
Commercial Real Estate Portfolio Segment | Commercial Investor Real Estate | Restructuring | Accrual Loans
Financing Receivable Impaired [Line Items]
Impaired loans with a specific allowance	0	0
Impaired loans without a specific allowance	852	2,073
Impaired loans	852	2,073
Commercial Real Estate Portfolio Segment | Commercial Investor Real Estate | Restructuring | Non Accrual Loans
Financing Receivable Impaired [Line Items]
Impaired loans with a specific allowance	0	0
Impaired loans without a specific allowance	1,049	59
Impaired loans	1,049	59
Commercial Real Estate Portfolio Segment | Commercial Owner Occupied Real Estate
Financing Receivable Impaired [Line Items]
Impaired loans with a specific allowance	2,372	4,159
Impaired loans without a specific allowance	4,052	2,421
Impaired loans	6,424	6,580
Impaired Financing Receivable, Related Allowance	553	510
Unpaid principal balance in total impaired loans	8,785	8,555
Commercial Real Estate Portfolio Segment | Commercial Owner Occupied Real Estate | Non Accrual Loans
Financing Receivable Impaired [Line Items]
Impaired loans with a specific allowance	1,733	3,519
Impaired loans without a specific allowance	1,985	793
Impaired loans	3,718	4,312
Commercial Real Estate Portfolio Segment | Commercial Owner Occupied Real Estate | Restructuring | Accrual Loans
Financing Receivable Impaired [Line Items]
Impaired loans with a specific allowance	0	0
Impaired loans without a specific allowance	746	240
Impaired loans	746	240
Commercial Real Estate Portfolio Segment | Commercial Owner Occupied Real Estate | Restructuring | Non Accrual Loans
Financing Receivable Impaired [Line Items]
Impaired loans with a specific allowance	639	640
Impaired loans without a specific allowance	1,321	1,388
Impaired loans	$ 1,960	$ 2,028

CREDIT QUALITY ASSESSMENT (Impa

CREDIT QUALITY ASSESSMENT (Impaired Loans by Portfolio) (Detail) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Financing Receivable Impaired [Line Items]
Average impaired loans for the period	$ 27,840	$ 29,828
Contractual interest income due on impaired loans during the period	1,099	2,527
Interest income on impaired loans recognized on a cash basis	507	961
Interest income on impaired loans recognized on an accrual basis	119	274
Commercial
Financing Receivable Impaired [Line Items]
Average impaired loans for the period	5,289	4,714
Contractual interest income due on impaired loans during the period	278	450
Interest income on impaired loans recognized on a cash basis	72	273
Interest income on impaired loans recognized on an accrual basis	65	113
All Other
Financing Receivable Impaired [Line Items]
Average impaired loans for the period	5,390	4,869
Contractual interest income due on impaired loans during the period	86	208
Interest income on impaired loans recognized on a cash basis	21	104
Interest income on impaired loans recognized on an accrual basis	21	43
Commercial Real Estate Portfolio Segment | Commercial Acquisition, Development and Construction
Financing Receivable Impaired [Line Items]
Average impaired loans for the period	159	882
Contractual interest income due on impaired loans during the period	144	304
Interest income on impaired loans recognized on a cash basis	0	11
Interest income on impaired loans recognized on an accrual basis	0	0
Commercial Real Estate Portfolio Segment | Commercial Investor Real Estate
Financing Receivable Impaired [Line Items]
Average impaired loans for the period	10,035	11,145
Contractual interest income due on impaired loans during the period	384	918
Interest income on impaired loans recognized on a cash basis	10	226
Interest income on impaired loans recognized on an accrual basis	15	107
Commercial Real Estate Portfolio Segment | Commercial Owner Occupied Real Estate
Financing Receivable Impaired [Line Items]
Average impaired loans for the period	6,967	8,218
Contractual interest income due on impaired loans during the period	207	647
Interest income on impaired loans recognized on a cash basis	404	347
Interest income on impaired loans recognized on an accrual basis	$ 18	$ 11

CREDIT QUALITY ASSESSMENT (Cred

CREDIT QUALITY ASSESSMENT (Credit Quality of Loan Portfolio by Segment) (Detail) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Financing Receivable Recorded Investment [Line Items]
Non-accrual loans and leases	$ 27,934	$ 30,031
Loans and leases 90 days past due	2	0
Restructured loans and leases	3,420	4,467
Total non-performing loans and leases	31,356	34,498
Other real estate owned	1,311	2,742
Total non-performing assets	32,667	37,240
Commercial
Financing Receivable Recorded Investment [Line Items]
Non-accrual loans and leases	4,263	3,696
Loans and leases 90 days past due	0	0
Restructured loans and leases	1,254	1,577
Total non-performing loans and leases	5,517	5,273
Other real estate owned	39	39
Total non-performing assets	5,556	5,312
Leases
Financing Receivable Recorded Investment [Line Items]
Non-accrual loans and leases	0	0
Loans and leases 90 days past due	0	0
Restructured loans and leases	0	0
Total non-performing loans and leases	0	0
Other real estate owned	0	0
Total non-performing assets	0	0
Consumer
Financing Receivable Recorded Investment [Line Items]
Non-accrual loans and leases	2,600	2,193
Loans and leases 90 days past due	2	0
Restructured loans and leases	0	0
Total non-performing loans and leases	2,602	2,193
Other real estate owned	0	690
Total non-performing assets	2,602	2,883
Commercial Real Estate Portfolio Segment | Commercial Acquisition, Development and Construction
Financing Receivable Recorded Investment [Line Items]
Non-accrual loans and leases	137	194
Loans and leases 90 days past due	0	0
Restructured loans and leases	0	0
Total non-performing loans and leases	137	194
Other real estate owned	365	365
Total non-performing assets	502	559
Commercial Real Estate Portfolio Segment | Commercial Investor Real Estate
Financing Receivable Recorded Investment [Line Items]
Non-accrual loans and leases	8,868	8,368
Loans and leases 90 days past due	0	0
Restructured loans and leases	852	2,073
Total non-performing loans and leases	9,720	10,441
Other real estate owned	433	433
Total non-performing assets	10,153	10,874
Commercial Real Estate Portfolio Segment | Commercial Owner Occupied Real Estate
Financing Receivable Recorded Investment [Line Items]
Non-accrual loans and leases	5,678	6,340
Loans and leases 90 days past due	0	0
Restructured loans and leases	746	240
Total non-performing loans and leases	6,424	6,580
Other real estate owned	0	0
Total non-performing assets	6,424	6,580
Residential Real Estate Portfolio Segment | Residential Mortgage
Financing Receivable Recorded Investment [Line Items]
Non-accrual loans and leases	6,186	8,822
Loans and leases 90 days past due	0	0
Restructured loans and leases	568	577
Total non-performing loans and leases	6,754	9,399
Other real estate owned	474	1,215
Total non-performing assets	7,228	10,614
Residential Real Estate Portfolio Segment | Residential Construction
Financing Receivable Recorded Investment [Line Items]
Non-accrual loans and leases	202	418
Loans and leases 90 days past due	0	0
Restructured loans and leases	0	0
Total non-performing loans and leases	202	418
Other real estate owned	0	0
Total non-performing assets	$ 202	$ 418

CREDIT QUALITY ASSESSMENT (Cr54

CREDIT QUALITY ASSESSMENT (Credit Quality of Loan Portfolio) (Detail) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due	$ 13,262	$ 11,787
Non-accrual loans and leases	27,934	30,031
Current loans	3,630,621	3,452,701
Total loans and leases	3,672,624	3,495,370
Receivables Acquired with Deteriorated Credit Quality [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Loans aquired with deteriorated credit quality	807	851
Commercial
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due	1,427	523
Non-accrual loans and leases	4,263	3,696
Current loans	445,479	461,002
Total loans and leases	451,711	465,765
Commercial | Receivables Acquired with Deteriorated Credit Quality [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Loans aquired with deteriorated credit quality	542	544
Leases
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due	0	0
Non-accrual loans and leases	0	0
Current loans	0	0
Total loans and leases	0	0
Leases | Receivables Acquired with Deteriorated Credit Quality [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Loans aquired with deteriorated credit quality	0	0
Consumer
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due	1,943	2,192
Non-accrual loans and leases	2,600	2,193
Current loans	442,606	446,490
Total loans and leases	447,149	450,875
Consumer | Receivables Acquired with Deteriorated Credit Quality [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Loans aquired with deteriorated credit quality	0	0
Commercial Real Estate Portfolio Segment | Commercial Acquisition, Development and Construction
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due	0	0
Non-accrual loans and leases	137	194
Current loans	285,448	255,786
Total loans and leases	285,585	255,980
Commercial Real Estate Portfolio Segment | Commercial Acquisition, Development and Construction | Receivables Acquired with Deteriorated Credit Quality [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Loans aquired with deteriorated credit quality	0	0
Commercial Real Estate Portfolio Segment | Commercial Investor Real Estate
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due	226	2,816
Non-accrual loans and leases	8,868	8,368
Current loans	815,158	707,900
Total loans and leases	824,252	719,084
Commercial Real Estate Portfolio Segment | Commercial Investor Real Estate | Receivables Acquired with Deteriorated Credit Quality [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Loans aquired with deteriorated credit quality	0	0
Commercial Real Estate Portfolio Segment | Commercial Owner Occupied Real Estate
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due	1,980	2,668
Non-accrual loans and leases	5,678	6,340
Current loans	692,676	668,712
Total loans and leases	700,599	678,027
Commercial Real Estate Portfolio Segment | Commercial Owner Occupied Real Estate | Receivables Acquired with Deteriorated Credit Quality [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Loans aquired with deteriorated credit quality	265	307
Residential Real Estate Portfolio Segment | Residential Mortgage
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due	7,686	3,588
Non-accrual loans and leases	6,186	8,822
Current loans	806,746	783,948
Total loans and leases	820,618	796,358
Residential Real Estate Portfolio Segment | Residential Mortgage | Receivables Acquired with Deteriorated Credit Quality [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Loans aquired with deteriorated credit quality	0	0
Residential Real Estate Portfolio Segment | Residential Construction
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due	0	0
Non-accrual loans and leases	202	418
Current loans	142,508	128,863
Total loans and leases	142,710	129,281
Residential Real Estate Portfolio Segment | Residential Construction | Receivables Acquired with Deteriorated Credit Quality [Member]
Financing Receivable Recorded Investment Past Due [Line Items]
Loans aquired with deteriorated credit quality	0	0
31-60 days
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due	7,277	6,798
31-60 days | Commercial
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due	569	119
31-60 days | Leases
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due	0	0
31-60 days | Consumer
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due	1,010	1,642
31-60 days | Commercial Real Estate Portfolio Segment | Commercial Acquisition, Development and Construction
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due	0	0
31-60 days | Commercial Real Estate Portfolio Segment | Commercial Investor Real Estate
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due	226	616
31-60 days | Commercial Real Estate Portfolio Segment | Commercial Owner Occupied Real Estate
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due	573	1,819
31-60 days | Residential Real Estate Portfolio Segment | Residential Mortgage
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due	4,899	2,602
31-60 days | Residential Real Estate Portfolio Segment | Residential Construction
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due	0	0
61-90 days
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due	5,983	4,989
61-90 days | Commercial
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due	858	404
61-90 days | Leases
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due	0	0
61-90 days | Consumer
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due	931	550
61-90 days | Commercial Real Estate Portfolio Segment | Commercial Acquisition, Development and Construction
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due	0	0
61-90 days | Commercial Real Estate Portfolio Segment | Commercial Investor Real Estate
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due	0	2,200
61-90 days | Commercial Real Estate Portfolio Segment | Commercial Owner Occupied Real Estate
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due	1,407	849
61-90 days | Residential Real Estate Portfolio Segment | Residential Mortgage
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due	2,787	986
61-90 days | Residential Real Estate Portfolio Segment | Residential Construction
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due	0	0
> 90 days
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due	2	0
> 90 days | Commercial
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due	0	0
> 90 days | Leases
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due	0	0
> 90 days | Consumer
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due	2	0
> 90 days | Commercial Real Estate Portfolio Segment | Commercial Acquisition, Development and Construction
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due	0	0
> 90 days | Commercial Real Estate Portfolio Segment | Commercial Investor Real Estate
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due	0	0
> 90 days | Commercial Real Estate Portfolio Segment | Commercial Owner Occupied Real Estate
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due	0	0
> 90 days | Residential Real Estate Portfolio Segment | Residential Mortgage
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due	0	0
> 90 days | Residential Real Estate Portfolio Segment | Residential Construction
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due	$ 0	$ 0

CREDIT QUALITY ASSESSMENT (Cr55

CREDIT QUALITY ASSESSMENT (Credit Risk Rating Indicators for Each Segment of Commercial Loan Portfolio) (Detail) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Financing Receivable Recorded Investment [Line Items]
Total loans and leases	$ 3,672,624	$ 3,495,370
Commercial
Financing Receivable Recorded Investment [Line Items]
Total loans and leases	451,711	465,765
Pass | Commercial
Financing Receivable Recorded Investment [Line Items]
Total loans and leases	428,399	447,439
Special Mention | Commercial
Financing Receivable Recorded Investment [Line Items]
Total loans and leases	7,665	797
Substandard | Commercial
Financing Receivable Recorded Investment [Line Items]
Total loans and leases	15,647	17,529
Doubtful | Commercial
Financing Receivable Recorded Investment [Line Items]
Total loans and leases	0	0
Commercial Portfolio Segment [Member]
Financing Receivable Recorded Investment [Line Items]
Total loans and leases	2,262,147	2,118,856
Commercial Portfolio Segment [Member] | Pass
Financing Receivable Recorded Investment [Line Items]
Total loans and leases	2,211,543	2,069,129
Commercial Portfolio Segment [Member] | Special Mention
Financing Receivable Recorded Investment [Line Items]
Total loans and leases	12,254	5,662
Commercial Portfolio Segment [Member] | Substandard
Financing Receivable Recorded Investment [Line Items]
Total loans and leases	38,350	44,065
Commercial Portfolio Segment [Member] | Doubtful
Financing Receivable Recorded Investment [Line Items]
Total loans and leases	0	0
Commercial Real Estate Portfolio Segment | Commercial Acquisition, Development and Construction
Financing Receivable Recorded Investment [Line Items]
Total loans and leases	285,585	255,980
Commercial Real Estate Portfolio Segment | Commercial Investor Real Estate
Financing Receivable Recorded Investment [Line Items]
Total loans and leases	824,252	719,084
Commercial Real Estate Portfolio Segment | Commercial Owner Occupied Real Estate
Financing Receivable Recorded Investment [Line Items]
Total loans and leases	700,599	678,027
Commercial Real Estate Portfolio Segment | Pass | Commercial Acquisition, Development and Construction
Financing Receivable Recorded Investment [Line Items]
Total loans and leases	285,448	255,786
Commercial Real Estate Portfolio Segment | Pass | Commercial Investor Real Estate
Financing Receivable Recorded Investment [Line Items]
Total loans and leases	813,148	706,623
Commercial Real Estate Portfolio Segment | Pass | Commercial Owner Occupied Real Estate
Financing Receivable Recorded Investment [Line Items]
Total loans and leases	684,548	659,281
Commercial Real Estate Portfolio Segment | Special Mention | Commercial Acquisition, Development and Construction
Financing Receivable Recorded Investment [Line Items]
Total loans and leases	0	0
Commercial Real Estate Portfolio Segment | Special Mention | Commercial Investor Real Estate
Financing Receivable Recorded Investment [Line Items]
Total loans and leases	913	1,509
Commercial Real Estate Portfolio Segment | Special Mention | Commercial Owner Occupied Real Estate
Financing Receivable Recorded Investment [Line Items]
Total loans and leases	3,676	3,356
Commercial Real Estate Portfolio Segment | Substandard | Commercial Acquisition, Development and Construction
Financing Receivable Recorded Investment [Line Items]
Total loans and leases	137	194
Commercial Real Estate Portfolio Segment | Substandard | Commercial Investor Real Estate
Financing Receivable Recorded Investment [Line Items]
Total loans and leases	10,191	10,952
Commercial Real Estate Portfolio Segment | Substandard | Commercial Owner Occupied Real Estate
Financing Receivable Recorded Investment [Line Items]
Total loans and leases	12,375	15,390
Commercial Real Estate Portfolio Segment | Doubtful | Commercial Acquisition, Development and Construction
Financing Receivable Recorded Investment [Line Items]
Total loans and leases	0	0
Commercial Real Estate Portfolio Segment | Doubtful | Commercial Investor Real Estate
Financing Receivable Recorded Investment [Line Items]
Total loans and leases	0	0
Commercial Real Estate Portfolio Segment | Doubtful | Commercial Owner Occupied Real Estate
Financing Receivable Recorded Investment [Line Items]
Total loans and leases	$ 0	$ 0

CREDIT QUALITY ASSESSMENT (Info

CREDIT QUALITY ASSESSMENT (Information by Credit Risk Rating Indicators for Those Remaining Segments of Loan Portfolio) (Detail) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Financing Receivable Recorded Investment [Line Items]
Total loans and leases	$ 3,672,624	$ 3,495,370
Leases
Financing Receivable Recorded Investment [Line Items]
Total loans and leases	0	0
Consumer
Financing Receivable Recorded Investment [Line Items]
Total loans and leases	447,149	450,875
Residential Real Estate Portfolio Segment | Residential Mortgage
Financing Receivable Recorded Investment [Line Items]
Total loans and leases	820,618	796,358
Residential Real Estate Portfolio Segment | Residential Construction
Financing Receivable Recorded Investment [Line Items]
Total loans and leases	142,710	129,281
Homogeneous Loan Pools
Financing Receivable Recorded Investment [Line Items]
Total loans and leases	1,410,477	1,376,514
Homogeneous Loan Pools | Leases
Financing Receivable Recorded Investment [Line Items]
Total loans and leases	0	0
Homogeneous Loan Pools | Consumer
Financing Receivable Recorded Investment [Line Items]
Total loans and leases	447,149	450,875
Homogeneous Loan Pools | Residential Real Estate Portfolio Segment | Residential Mortgage
Financing Receivable Recorded Investment [Line Items]
Total loans and leases	820,618	796,358
Homogeneous Loan Pools | Residential Real Estate Portfolio Segment | Residential Construction
Financing Receivable Recorded Investment [Line Items]
Total loans and leases	142,710	129,281
Homogeneous Loan Pools | Performing Financing Receivable
Financing Receivable Recorded Investment [Line Items]
Total loans and leases	1,400,919	1,364,504
Homogeneous Loan Pools | Performing Financing Receivable | Leases
Financing Receivable Recorded Investment [Line Items]
Total loans and leases	0	0
Homogeneous Loan Pools | Performing Financing Receivable | Consumer
Financing Receivable Recorded Investment [Line Items]
Total loans and leases	444,547	448,682
Homogeneous Loan Pools | Performing Financing Receivable | Residential Real Estate Portfolio Segment | Residential Mortgage
Financing Receivable Recorded Investment [Line Items]
Total loans and leases	813,864	786,959
Homogeneous Loan Pools | Performing Financing Receivable | Residential Real Estate Portfolio Segment | Residential Construction
Financing Receivable Recorded Investment [Line Items]
Total loans and leases	142,508	128,863
Homogeneous Loan Pools | Nonperforming Financing Receivable | Loans 90 Days Or More Past Due
Financing Receivable Recorded Investment [Line Items]
Total loans and leases	2	0
Homogeneous Loan Pools | Nonperforming Financing Receivable | Non Accrual Loans
Financing Receivable Recorded Investment [Line Items]
Total loans and leases	8,988	11,433
Homogeneous Loan Pools | Nonperforming Financing Receivable | Restructured Loans
Financing Receivable Recorded Investment [Line Items]
Total loans and leases	568	577
Homogeneous Loan Pools | Nonperforming Financing Receivable | Leases | Loans 90 Days Or More Past Due
Financing Receivable Recorded Investment [Line Items]
Total loans and leases	0	0
Homogeneous Loan Pools | Nonperforming Financing Receivable | Leases | Non Accrual Loans
Financing Receivable Recorded Investment [Line Items]
Total loans and leases	0	0
Homogeneous Loan Pools | Nonperforming Financing Receivable | Leases | Restructured Loans
Financing Receivable Recorded Investment [Line Items]
Total loans and leases	0	0
Homogeneous Loan Pools | Nonperforming Financing Receivable | Consumer | Loans 90 Days Or More Past Due
Financing Receivable Recorded Investment [Line Items]
Total loans and leases	2	0
Homogeneous Loan Pools | Nonperforming Financing Receivable | Consumer | Non Accrual Loans
Financing Receivable Recorded Investment [Line Items]
Total loans and leases	2,600	2,193
Homogeneous Loan Pools | Nonperforming Financing Receivable | Consumer | Restructured Loans
Financing Receivable Recorded Investment [Line Items]
Total loans and leases	0	0
Homogeneous Loan Pools | Nonperforming Financing Receivable | Residential Real Estate Portfolio Segment | Residential Mortgage | Loans 90 Days Or More Past Due
Financing Receivable Recorded Investment [Line Items]
Total loans and leases	0	0
Homogeneous Loan Pools | Nonperforming Financing Receivable | Residential Real Estate Portfolio Segment | Residential Mortgage | Non Accrual Loans
Financing Receivable Recorded Investment [Line Items]
Total loans and leases	6,186	8,822
Homogeneous Loan Pools | Nonperforming Financing Receivable | Residential Real Estate Portfolio Segment | Residential Mortgage | Restructured Loans
Financing Receivable Recorded Investment [Line Items]
Total loans and leases	568	577
Homogeneous Loan Pools | Nonperforming Financing Receivable | Residential Real Estate Portfolio Segment | Residential Construction | Loans 90 Days Or More Past Due
Financing Receivable Recorded Investment [Line Items]
Total loans and leases	0	0
Homogeneous Loan Pools | Nonperforming Financing Receivable | Residential Real Estate Portfolio Segment | Residential Construction | Non Accrual Loans
Financing Receivable Recorded Investment [Line Items]
Total loans and leases	202	418
Homogeneous Loan Pools | Nonperforming Financing Receivable | Residential Real Estate Portfolio Segment | Residential Construction | Restructured Loans
Financing Receivable Recorded Investment [Line Items]
Total loans and leases	$ 0	$ 0

CREDIT QUALITY ASSESSMENT (Trou

CREDIT QUALITY ASSESSMENT (Troubled Debt Restructured Loans for Specific Segments of the Loan Portfolio) (Detail) - USD ($)	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Financing Receivable Modifications [Line Items]
Restructured accruing	$ 600,000	$ 1,900,000
Troubled Debt Restructuring
Financing Receivable Modifications [Line Items]
Restructured accruing	549,000	1,243,000
Restructured non-accruing	21,000	639,000
Balance	570,000	1,882,000
Specific allowance	60,000	452,000
Restructured and subsequently defaulted	0	0
Troubled Debt Restructuring | Commercial
Financing Receivable Modifications [Line Items]
Restructured accruing	42,000	1,003,000
Restructured non-accruing	21,000	0
Balance	63,000	1,003,000
Specific allowance	60,000	303,000
Restructured and subsequently defaulted	0	0
Troubled Debt Restructuring | All Other
Financing Receivable Modifications [Line Items]
Restructured accruing	0	0
Restructured non-accruing	0	0
Balance	0	0
Specific allowance	0	0
Restructured and subsequently defaulted	0	0
Commercial Portfolio Segment | Troubled Debt Restructuring | Commercial Acquisition, Development and Construction
Financing Receivable Modifications [Line Items]
Restructured accruing	0	0
Restructured non-accruing	0	0
Balance	0	0
Specific allowance	0	0
Restructured and subsequently defaulted	0	0
Commercial Portfolio Segment | Troubled Debt Restructuring | Commercial Investor Real Estate
Financing Receivable Modifications [Line Items]
Restructured accruing	0	0
Restructured non-accruing	0	0
Balance	0	0
Specific allowance	0	0
Restructured and subsequently defaulted	0	0
Commercial Portfolio Segment | Troubled Debt Restructuring | Commercial Owner Occupied Real Estate
Financing Receivable Modifications [Line Items]
Restructured accruing	507,000	240,000
Restructured non-accruing	0	639,000
Balance	507,000	879,000
Specific allowance	0	149,000
Restructured and subsequently defaulted	$ 0	$ 0

GOODWILL AND OTHER INTANGIBLE58

GOODWILL AND OTHER INTANGIBLE ASSETS (Gross Carrying Amouns and Accumulated Amortization of Intangible Assets and Goodwill) (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Finite Lived Intangible Assets [Line Items]
Gross Carrying Amount	$ 8,623	$ 8,623
Accumulated Amortization	(8,546)	(8,485)
Net Carrying Amount	77	138
Goodwill	84,171	84,171
Other Identifiable Intangible Assets
Finite Lived Intangible Assets [Line Items]
Gross Carrying Amount	8,623	8,623
Accumulated Amortization	(8,546)	(8,485)
Net Carrying Amount	$ 77	$ 138
Other Identifiable Intangible Assets | Weighted average [Member]
Finite Lived Intangible Assets [Line Items]
Finite-Lived Intangible Asset, Useful Life	2 years 3 months 18 days	2 years

GOODWILL AND OTHER INTANGIBLE59

GOODWILL AND OTHER INTANGIBLE ASSETS (Estimated Future Amortization Expense for Amortizing Intangibles) (Detail) $ in Thousands	Jun. 30, 2016USD ($)
Goodwill and Intangible Assets Disclosure [Abstract]
2,016	$ 34
2,017	16
2,018	16
2,019	11
Total amortizing intangible assets	$ 77

DEPOSITS (Composition of Deposi

DEPOSITS (Composition of Deposits) (Detail) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Disclosure Composition Of Deposits [Abstract]
Noninterest-bearing deposits	$ 1,176,135	$ 1,001,841
Interest-bearing deposits:
Demand	574,894	570,333
Money market savings	886,038	898,655
Regular savings	302,677	284,457
Time deposits of less than $100,000	259,962	248,172
Time deposits of $100,000 or more	310,435	260,272
Total interest-bearing deposits	2,334,006	2,261,889
Total deposits	$ 3,510,141	$ 3,263,730

STOCKHOLDERS EQUITY (Additional

STOCKHOLDERS EQUITY (Additional Information) (Detail) - USD ($) $ / shares in Units, $ in Thousands	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Aug. 31, 2013
Stockholders Equity Note [Line Items]
Share Repurchase Program Shares Authorized To Acquire Outstanding Common Stock Percentage			5.00%
Repurchase of outstanding shares of common stock under Stock Repurchase Program			1,200,000
Treasury Stock, Shares, Retired	512,459	575,472
Stock Repurchased, Average Cost Per Share	$ 25.9
Treasury Stock Retired Cost Method Amount	$ 13,273	$ 14,915

SHARE BASED COMPENSATION (Addit

SHARE BASED COMPENSATION (Additional Information) (Detail) - USD ($) $ in Thousands	3 Months Ended			6 Months Ended
	Jun. 30, 2016	Mar. 31, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Exercise period				5 years 8 months 16 days	5 years 5 months 1 day
Options exercised intrinsic value				$ 371
Stock Options Granted, Net of Forfeitures				21,238
2015 Omnibus Incentive Plan
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Common stock, shares authorizes	1,500,000			1,500,000
Common stock, shares available for issuance	1,401,306			1,401,306
Term of share based compensation plan				10 years
2015 Omnibus Incentive Plan | Minimum [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Vesting period				7 years
2015 Omnibus Incentive Plan | Maximum [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Vesting period				10 years
2015 Omnibus Incentive Plan | Stock Options and Restricted Stock
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Recognized Compensation expense	$ 500		$ 400	$ 900	$ 900
2015 Omnibus Incentive Plan | Stock Option
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Recognized Compensation expense				400	300
Unrecognized Compensation expense	300			$ 300
Expected cost recognition weighted average period				2 years 2 months 6 days
Stock Options Vested, Fair Value
Stock Options Granted				21,238
Vesting period				3 years
2015 Omnibus Incentive Plan | Restricted Stock
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Unrecognized Compensation expense	$ 5,000			$ 5,000
Expected cost recognition weighted average period				3 years 4 months 24 days
Stock Options Granted				78,081
2015 Omnibus Incentive Plan | Restricted Stock | 3 Year Vesting Period
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Stock Options Granted		10,010
Vesting period		3 years
2015 Omnibus Incentive Plan | Restricted Stock | 5 Year Vesting Period
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Stock Options Granted		59,298
Vesting period		5 years
2015 Omnibus Incentive Plan | Performance Restricted Stock Units (RSUs) [Member] | 3 Year Vesting Period
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Stock Options Granted		8,773
Vesting period		3 years
2015 Omnibus Incentive Plan | Performance Restricted Stock Units (RSUs) [Member] | 3 Year Vesting Period | Minimum [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage		0.00%
2015 Omnibus Incentive Plan | Performance Restricted Stock Units (RSUs) [Member] | 3 Year Vesting Period | Maximum [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage		150.00%

SHARE BASED COMPENSATION (Fair

SHARE BASED COMPENSATION (Fair Values of all Options Granted Estimated Using Binomial Option-Pricing Model with Weighted-average Assumptions) (Detail) - $ / shares	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Share Based Compensation [Abstract]
Dividend yield	3.48%	3.40%
Weighted average expected volatility	41.54%	42.98%
Weighted average risk-free interest rate	1.42%	1.42%
Weighted average expected lives (in years)	5 years 8 months 16 days	5 years 5 months 1 day
Weighted average grant-date fair value	$ 7.75	$ 7.63

SHARE BASED COMPENSATION (Summa

SHARE BASED COMPENSATION (Summary of Share Option Activity) (Detail) - USD ($) $ / shares in Units, $ in Thousands	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Number of Common Shares
Balance at January 1, 2016	134,131
Granted	21,238
Exercised	(28,941)	(26,695)
Forfeited or expired	(1,060)
Balance at June 31, 2016	125,368
Exercisable, Common Shares	83,798
Weighted Average Exercise Share Price
Balance at January 1, 2016	$ 19.7
Granted	27.46
Exercised	14.58
Forfeited or expired	25.06
Balance at June 30, 2016	22.15
Exercisable Weighted Average Exercise Price	19.93
Weighted average fair value of options granted during the year	$ 7.75	$ 7.63
Weighted Average Contractual Remaining Life(Years)
Balance at end of period	3 years 10 months 24 days
Exercisable at end of period	2 years 9 months 18 days
Balance at January 1, 2016	$ 974
Exercised	371
Balance at June 30, 2016	853
Exercisable, Intrinsic Value	$ 765

SHARE BASED COMPENSATION (Sum65

SHARE BASED COMPENSATION (Summary of Activity for Company's Restricted Stock) (Detail) - $ / shares	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Weighted Average Grant-Date Fair Value
Granted	$ 7.75	$ 7.63
Restricted Stock
Number of Shares
Restricted stock at January 1, 2016	218,571
Granted	78,081
Vested	(73,975)
Forfeited	(5,847)
Restricted stock at June 30, 2016	216,830
Weighted Average Grant-Date Fair Value
Restricted stock at January 1, 2016	$ 23.3
Granted	27.42
Vested	22.04
Forfeited	24.26
Restricted stock at June 30, 2016	$ 25.19

PENSION, PROFIT SHARING, AND 66

PENSION, PROFIT SHARING, AND OTHER EMPLOYEE BENEFIT PLANS (Net Periodic Benefit Cost) (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Pension, Profit Sharing, and Other Employee Benefit Plans [Abstract]
Interest cost on projected benefit obligation	$ 415	$ 407	$ 826	$ 817
Expected return on plan assets	(375)	(406)	(747)	(812)
Recognized net actuarial loss	291	259	575	551
Net periodic benefit cost	$ 331	$ 260	$ 654	$ 556

NET INCOME PER SHARE (Calculati

NET INCOME PER SHARE (Calculation of Net Income per Common Share (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Earnings Per Share [Abstract]
Net income	$ 10,647	$ 10,333	$ 21,460	$ 21,558
Basic:
Basic weighted average EPS shares	23,865	24,626	23,920	24,776
Basic net income per share	$ 0.45	$ 0.42	$ 0.9	$ 0.87
Diluted:
Basic weighted average EPS shares	23,865	24,626	23,920	24,776
Dilutive common stock equivalents	244	64	246	92
Dilutive EPS shares	24,109	24,690	24,166	24,868
Diluted net income per share	$ 0.44	$ 0.42	$ 0.89	$ 0.87
Anti-dilutive shares	7	8	6	8

OTHER COMPREHENSIVE INCOME (L68

OTHER COMPREHENSIVE INCOME (LOSS) (Net Accumulated Other Comprehensive Income (Loss)) (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance			$ (1,297)	$ (823)
Other comprehensive income before reclassification, net of tax			7,990	(100)
Reclassifications from accumulated other comprehensive income, net of tax			(807)	331
Total other comprehensive income (loss)	$ 1,653	$ (2,738)	7,183	231
Ending Balance	5,886	(592)	5,886	(592)
Unrealized Gains (Losses) on Investments Available-for-Sale
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance			6,566	8,078
Other comprehensive income before reclassification, net of tax			7,990	(100)
Reclassifications from accumulated other comprehensive income, net of tax			(1,154)	0
Total other comprehensive income (loss)			6,836	(100)
Ending Balance	13,402	7,978	13,402	7,978
Defined Benefit Pension Plan
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance			(7,863)	(8,901)
Other comprehensive income before reclassification, net of tax			0	0
Reclassifications from accumulated other comprehensive income, net of tax			347	331
Total other comprehensive income (loss)			347	331
Ending Balance	$ (7,516)	$ (8,570)	$ (7,516)	$ (8,570)

OTHER COMPREHENSIVE INCOME (L69

OTHER COMPREHENSIVE INCOME (LOSS) (Reclassification Adjustments Out of Accumulated Other Comprehensive Income) (Detail) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Unrealized gains/(losses) on investments available-for-sale Affected line item in the Statements of Income:
Investment securities gains		$ 150	$ 19	$ 1,919	$ 19
Income before taxes		150	19	1,919	19
Tax expense		60	8	765	8
Net income				1,154	11
Amortization of defined benefit pension plan items Affected line item in the Statements of Income:
Recognized actuarial loss	[1]	$ 291	$ 259	575	551
Income before taxes				575	551
Tax expense				228	220
Net income				$ 347	$ 331
[1]	This amount is included in the computation of net periodic benefit cost, see Note 9.

FINANCIAL INSTRUMENTS WITH OF70

FINANCIAL INSTRUMENTS WITH OFF-BALANCE SHEET RISK AND DERIVATIVES (Company's Interest Rate Swaps) (Detail) - Swap - Commercial Loan [Member] - Not Designated as Hedging Instrument [Member] - USD ($) $ in Millions	Jun. 30, 2016	Dec. 31, 2015
Derivative [Line Items]
Notional Amount	$ 19.4	$ 19.9
Estimated Fair Value	$ 1.4	$ 1.3

LITIGATION (Detail)

LITIGATION (Detail) - CommerceFirst Bank - Settled Litigation [Member] - USD ($) $ in Millions	3 Months Ended	6 Months Ended	12 Months Ended
	Dec. 31, 2015	Jun. 30, 2016	Dec. 31, 2012
Loss Contingencies [Line Items]
Loss Contingency, Name of Plaintiff		CommerceFirst Bank
Business Acquisition, Effective Date of Acquisition			Dec. 31, 2012
Loss Contingency, Settlement Agreement, Date		12/31/2015
Litigation Settlement, Amount	$ 4.5

FAIR VALUE (Additional Informat

FAIR VALUE (Additional Information) (Detail) - USD ($)	Jun. 30, 2016	Dec. 31, 2015
Fair Value Disclosures [Abstract]
Impaired loans	$ 25,120,000	$ 28,927,000
Impaired loans fair value	21,300,000	25,500,000
Specific loan loss reserves	$ 3,800,000	$ 3,400,000

FAIR VALUE (Financial Assets an

FAIR VALUE (Financial Assets and Liabilities at Dates Indicated that Were Accounted for or Disclosed at Fair Value) (Detail) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Residential mortgage loans held for sale (at fair value)	$ 13,490	$ 15,457
Investments available-for-sale (at fair value)	700,486	592,049
Fair Value, Measurements, Recurring | Residential Mortgage Loans Held For Sale
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Residential mortgage loans held for sale (at fair value)	13,490	15,457
Fair Value, Measurements, Recurring | U.S. Government Agencies
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Investments available-for-sale (at fair value)	79,791	108,400
Fair Value, Measurements, Recurring | State and municipal
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Investments available-for-sale (at fair value)	305,160	164,707
Fair Value, Measurements, Recurring | Mortgage-Backed
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Investments available-for-sale (at fair value)	311,189	316,696
Fair Value, Measurements, Recurring | Corporate Debt
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Investments available-for-sale (at fair value)	2,116
Fair Value, Measurements, Recurring | Trust Preferred
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Investments available-for-sale (at fair value)	1,007	1,023
Fair Value, Measurements, Recurring | Marketable Equity Securities
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Investments available-for-sale (at fair value)	1,223	1,223
Fair Value, Measurements, Recurring | Interest Rate Swap Agreements
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Other assets	1,428	1,312
Other liabilities	(1,428)	(1,312)
Fair Value, Measurements, Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | Residential Mortgage Loans Held For Sale
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Residential mortgage loans held for sale (at fair value)	0	0
Fair Value, Measurements, Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | U.S. Government Agencies
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Investments available-for-sale (at fair value)	0	0
Fair Value, Measurements, Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | State and municipal
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Investments available-for-sale (at fair value)	0	0
Fair Value, Measurements, Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | Mortgage-Backed
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Investments available-for-sale (at fair value)	0	0
Fair Value, Measurements, Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | Corporate Debt
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Investments available-for-sale (at fair value)	0
Fair Value, Measurements, Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | Trust Preferred
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Investments available-for-sale (at fair value)	0	0
Fair Value, Measurements, Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | Marketable Equity Securities
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Investments available-for-sale (at fair value)	0	0
Fair Value, Measurements, Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | Interest Rate Swap Agreements
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Other assets	0	0
Other liabilities	0	0
Fair Value, Measurements, Recurring | Significant Other Observable Inputs (Level 2) | Residential Mortgage Loans Held For Sale
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Residential mortgage loans held for sale (at fair value)	13,490	15,457
Fair Value, Measurements, Recurring | Significant Other Observable Inputs (Level 2) | U.S. Government Agencies
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Investments available-for-sale (at fair value)	79,791	108,400
Fair Value, Measurements, Recurring | Significant Other Observable Inputs (Level 2) | State and municipal
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Investments available-for-sale (at fair value)	305,160	164,707
Fair Value, Measurements, Recurring | Significant Other Observable Inputs (Level 2) | Mortgage-Backed
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Investments available-for-sale (at fair value)	311,189	316,696
Fair Value, Measurements, Recurring | Significant Other Observable Inputs (Level 2) | Corporate Debt
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Investments available-for-sale (at fair value)	0
Fair Value, Measurements, Recurring | Significant Other Observable Inputs (Level 2) | Trust Preferred
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Investments available-for-sale (at fair value)	0	0
Fair Value, Measurements, Recurring | Significant Other Observable Inputs (Level 2) | Marketable Equity Securities
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Investments available-for-sale (at fair value)	1,223	1,223
Fair Value, Measurements, Recurring | Significant Other Observable Inputs (Level 2) | Interest Rate Swap Agreements
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Other assets	1,428	1,312
Other liabilities	(1,428)	(1,312)
Fair Value, Measurements, Recurring | Significant Unobservable Inputs (Level 3) | Residential Mortgage Loans Held For Sale
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Residential mortgage loans held for sale (at fair value)	0	0
Fair Value, Measurements, Recurring | Significant Unobservable Inputs (Level 3) | U.S. Government Agencies
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Investments available-for-sale (at fair value)	0	0
Fair Value, Measurements, Recurring | Significant Unobservable Inputs (Level 3) | State and municipal
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Investments available-for-sale (at fair value)	0	0
Fair Value, Measurements, Recurring | Significant Unobservable Inputs (Level 3) | Mortgage-Backed
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Investments available-for-sale (at fair value)	0	0
Fair Value, Measurements, Recurring | Significant Unobservable Inputs (Level 3) | Corporate Debt
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Investments available-for-sale (at fair value)	2,116
Fair Value, Measurements, Recurring | Significant Unobservable Inputs (Level 3) | Trust Preferred
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Investments available-for-sale (at fair value)	1,007	1,023
Fair Value, Measurements, Recurring | Significant Unobservable Inputs (Level 3) | Marketable Equity Securities
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Investments available-for-sale (at fair value)	0	0
Fair Value, Measurements, Recurring | Significant Unobservable Inputs (Level 3) | Interest Rate Swap Agreements
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Other assets	0	0
Other liabilities	$ 0	$ 0

FAIR VALUE (Unrealized Losses I

FAIR VALUE (Unrealized Losses Included in Assets Measured in Consolidated Statements of Condition at Fair Value on Recurring Basis) (Detail) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Principal Redemption	$ (179,038)	$ (45,249)
Fair Value, Inputs, Level 3 | Available-for-sale Securities [Member]
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Balance at January 1, 2016	1,023
Asset Transfers Into Level 3	2,116
Total unrealized losses included in other comprehensive income (loss)	(16)
Balance at June 30, 2016	$ 3,123

FAIR VALUE (Assets Measured at

FAIR VALUE (Assets Measured at Fair Value on Nonrecurring Basis) (Detail) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value disclosure, nonrecurring	$ 9,530	$ 12,091
Fair value measured on nonrecurring basis losses	10,184	10,268
Impaired loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value disclosure, nonrecurring	8,219	9,349
Fair value measured on nonrecurring basis losses	10,291	10,348
Other real estate owned
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value disclosure, nonrecurring	1,311	2,742
Fair value measured on nonrecurring basis losses	(107)	(80)
Quoted Prices in Active Markets for Identical Assets (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value disclosure, nonrecurring	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Impaired loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value disclosure, nonrecurring	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Other real estate owned
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value disclosure, nonrecurring	0	0
Significant Other Observable Inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value disclosure, nonrecurring	0	0
Significant Other Observable Inputs (Level 2) | Impaired loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value disclosure, nonrecurring	0	0
Significant Other Observable Inputs (Level 2) | Other real estate owned
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value disclosure, nonrecurring	0	0
Significant Unobservable Inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value disclosure, nonrecurring	9,530	12,091
Significant Unobservable Inputs (Level 3) | Impaired loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value disclosure, nonrecurring	8,219	9,349
Significant Unobservable Inputs (Level 3) | Other real estate owned
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value disclosure, nonrecurring	$ 1,311	$ 2,742

FAIR VALUE (Carrying Amounts an

FAIR VALUE (Carrying Amounts and Fair Values of Company's Financial Instruments) (Detail) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Financial Liabilities
Securities sold under retail repurchase agreements and federal funds purchased	$ 117,887	$ 109,145
Advances from FHLB	515,000	685,000
Subordinated debentures	30,000	35,000
Reported Value Measurement [Member]
Financial Assets
Investments held-to-maturity and other equity securities	34,342	249,601
Loans, net of allowance	3,629,240	3,454,475
Other assets	92,095	90,866
Financial Liabilities
Time Deposits	570,397	508,444
Securities sold under retail repurchase agreements and federal funds purchased	117,887	109,145
Advances from FHLB	515,000	685,000
Subordinated debentures	30,000	35,000
Estimate of Fair Value Measurement [Member]
Financial Assets
Investments held-to-maturity and other equity securities	34,342	253,040
Loans, net of allowance	3,662,341	3,526,807
Other assets	92,095	90,866
Financial Liabilities
Time Deposits	573,670	508,000
Securities sold under retail repurchase agreements and federal funds purchased	117,887	109,145
Advances from FHLB	534,818	704,410
Subordinated debentures	13,994	14,694
Quoted Prices in Active Markets for Identical Assets (Level 1)
Financial Assets
Investments held-to-maturity and other equity securities	0	0
Loans, net of allowance	0	0
Other assets	0	0
Financial Liabilities
Time Deposits	0	0
Securities sold under retail repurchase agreements and federal funds purchased	0	0
Advances from FHLB	0	0
Subordinated debentures	0	0
Significant Other Observable Inputs (Level 2)
Financial Assets
Investments held-to-maturity and other equity securities	34,342	253,040
Loans, net of allowance	0	0
Other assets	92,095	90,866
Financial Liabilities
Time Deposits	573,670	508,000
Securities sold under retail repurchase agreements and federal funds purchased	117,887	109,145
Advances from FHLB	534,818	704,410
Subordinated debentures	0	0
Significant Unobservable Inputs (Level 3)
Financial Assets
Investments held-to-maturity and other equity securities	0	0
Loans, net of allowance	3,662,341	3,526,807
Other assets	0	0
Financial Liabilities
Time Deposits	0	0
Securities sold under retail repurchase agreements and federal funds purchased	0	0
Advances from FHLB	0	0
Subordinated debentures	$ 13,994	$ 14,694

SEGMENT REPORTING (Additional I

SEGMENT REPORTING (Additional Information) (Detail) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Segment Reporting Information [Line Items]
Amortization of intangible assets	$ 28,000	$ 106,000	$ 60,000	$ 213,000
Investment Management
Segment Reporting Information [Line Items]
Assets under management	$ 1,100,000		$ 1,100,000

SEGMENT REPORTING (Operating Se

SEGMENT REPORTING (Operating Segments and Reconciliation of Information to Condensed Consolidated Financial Statements) (Detail) - 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
Segment Reporting Information [Line Items]
Interest income	$ 41,803	$ 38,849	$ 83,456	$ 76,921
Interest expense	5,071	4,916	10,602	9,615
Provision (credit)	2,957	1,218	4,193	1,815	$ 5,371
Non-interest income	12,751	12,109	26,114	25,268
Non-interest Expense	30,871	29,477	63,188	58,721
Income before income taxes	15,655	15,347	31,587	32,038
Income tax expense	5,008	5,014	10,127	10,480
Net income	10,647	10,333	21,460	21,558
Assets	4,739,449	4,507,367	4,739,449	4,507,367	$ 4,655,380
Intersegment Elimination
Segment Reporting Information [Line Items]
Interest income	(2)	(2)	(4)	(3)
Interest expense	(2)	(2)	(4)	(3)
Provision (credit)	0	0	0	0
Non-interest income	(178)	(15,574)	(356)	(15,755)
Non-interest Expense	(178)	(15,574)	(356)	(15,755)
Income before income taxes	0	0	0	0
Income tax expense	0	0	0	0
Net income	0	0	0	0
Assets	(20,274)	(17,810)	(20,274)	(17,810)
Community Banking
Segment Reporting Information [Line Items]
Interest income	41,804	38,849	83,457	76,920
Interest expense	5,073	4,918	10,606	9,618
Provision (credit)	2,957	1,218	4,193	1,815
Non-interest income	10,136	24,945	20,355	34,781
Non-interest Expense	28,999	42,958	59,379	69,975
Income before income taxes	14,911	14,700	29,634	30,293
Income tax expense	4,718	4,763	9,362	9,797
Net income	10,193	9,937	20,272	20,496
Assets	4,742,368	4,508,858	4,742,368	4,508,858
Insurance
Segment Reporting Information [Line Items]
Interest income	0	0	1	1
Interest expense	0	0	0	0
Provision (credit)	0	0	0	0
Non-interest income	950	984	2,403	2,678
Non-interest Expense	1,030	1,169	2,201	2,552
Income before income taxes	(80)	(185)	203	127
Income tax expense	(31)	(74)	83	52
Net income	(49)	(111)	120	75
Assets	5,754	5,647	5,754	5,647
Investment Management
Segment Reporting Information [Line Items]
Interest income	1	2	2	3
Interest expense	0	0	0	0
Provision (credit)	0	0	0	0
Non-interest income	1,843	1,754	3,712	3,564
Non-interest Expense	1,020	924	1,964	1,949
Income before income taxes	824	832	1,750	1,618
Income tax expense	321	325	682	631
Net income	503	507	1,068	987
Assets	$ 11,601	$ 10,672	$ 11,601	$ 10,672