Sandy Spring Bancorp (SASR) 10-Q 5 May 17 2017 Q1 Quarterly report Financial data

DOCUMENT AND ENTITY INFORMATION

DOCUMENT AND ENTITY INFORMATION - $ / shares	3 Months Ended
	Mar. 31, 2017	May 02, 2017
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Mar. 31, 2017
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q1
Trading Symbol	SASR
Entity Common Stock, Shares Outstanding		23,974,299
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	Mar. 31, 2017	Dec. 31, 2016
Assets
Cash and due from banks	$ 48,362	$ 53,190
Federal funds sold	2,336	1,953
Interest-bearing deposits with banks	51,171	78,982
Cash and cash equivalents	101,869	134,125
Residential mortgage loans held for sale (at fair value)	17,717	13,222
Investments available-for-sale (at fair value)	814,096	733,554
Other equity securities	41,611	46,094
Total loans	3,992,996	3,927,808
Less: allowance for loan losses	(43,861)	(44,067)
Net loans	3,949,135	3,883,741
Premises and equipment, net	53,346	53,562
Other real estate owned	1,294	1,911
Accrued interest receivable	14,532	14,589
Goodwill	85,768	85,768
Other intangible assets, net	654	680
Other assets	121,142	124,137
Total assets	5,201,164	5,091,383
Liabilities
Noninterest-bearing deposits	1,234,505	1,138,139
Interest-bearing deposits	2,564,693	2,439,405
Total deposits	3,799,198	3,577,544
Securities sold under retail repurchase agreements and federal funds purchased	141,244	125,119
Advances from FHLB	675,000	790,000
Subordinated debentures	0	30,000
Accrued interest payable and other liabilities	41,461	35,148
Total liabilities	4,656,903	4,557,811
Stockholders Equity
Common stock -- par value $1.00; shares authorized 50,000,000; shares issued and outstanding 23,930,165 and 23,901,084 at March 31, 2017 and December 31, 2016, respectively	23,930	23,901
Additional paid in capital	166,614	165,871
Retained earnings	359,251	350,414
Accumulated other comprehensive loss	(5,534)	(6,614)
Total stockholders equity	544,261	533,572
Total liabilities and stockholders equity	$ 5,201,164	$ 5,091,383

CONSOLIDATED STATEMENTS OF CON3

CONSOLIDATED STATEMENTS OF CONDITION (Parenthetical) - $ / shares	Mar. 31, 2017	Dec. 31, 2016
Statement Of Financial Position [Abstract]
Common stock, par value	$ 1	$ 1
Common stock, shares authorized	50,000,000	50,000,000
Common stock, shares issued	23,930,165	23,901,084
Common stock, shares outstanding	23,930,165	23,901,084

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Interest Income:
Interest and fees on loans	$ 40,223	$ 36,206
Interest on loans held for sale	82	134
Interest on deposits with banks	90	53
Interest and dividends on investment securities:
Taxable	3,608	3,286
Exempt from federal income taxes	1,951	1,973
Interest on federal funds sold	4	1
Total interest income	45,958	41,653
Interest Expense:
Interest on deposits	2,488	1,837
Interest on retail repurchase agreements and federal funds purchased	76	66
Interest on advances from FHLB	3,129	3,374
Interest on subordinated debt	12	254
Total interest expense	5,705	5,531
Net interest income	40,253	36,122
Provision (credit) for loan losses	194	1,236
Net interest income after provision (credit) for loan losses	40,059	34,886
Non-interest Income:
Investment securities gains	2	1,769
Service charges on deposit accounts	1,964	1,903
Mortgage banking activities	608	535
Wealth management income	4,484	4,405
Insurance agency commissions	1,752	1,445
Income from bank owned life insurance	594	615
Bank card fees	1,145	1,089
Other income	2,083	1,602
Total non-interest income	12,632	13,363
Non-interest Expenses:
Salaries and employee benefits	17,801	18,230
Occupancy expense of premises	3,402	3,473
Equipment expenses	1,724	1,664
Marketing	663	681
Outside data services	1,392	1,363
FDIC insurance	805	637
Amortization of intangible assets	26	32
Other Expense	4,168	6,237
Total non-interest expenses	29,981	32,317
Income before income taxes	22,710	15,932
Income tax expense	7,598	5,119
Net income	$ 15,112	$ 10,813
Net Income Per Share Amounts:
Basic net income per share	$ 0.63	$ 0.45
Diluted net income per share	0.63	0.45
Dividends declared per share	$ 0.26	$ 0.24

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands		3 Months Ended
		Mar. 31, 2017	Mar. 31, 2016
Statement of Comprehensive Income [Abstract]
Net income		$ 15,112	$ 10,813
Investments available-for-sale:
Net change in unrealized gains on investments available-for-sale		1,502	10,655
Related income tax (expense) benefit		(598)	(4,232)
Net investment gains reclassified into earnings		(2)	(1,769)
Related income tax expense (benefit)		0	705
Net effect on other comprehensive income (loss)		902	5,359
Defined benefit pension plan:
Recognition of unrealized loss (gain)	[1]	295	284
Related income tax expense (benefit)		(117)	(113)
Net effect on other comprehensive income for the period		178	171
Total other comprehensive income (loss)		1,080	5,530
Comprehensive income		$ 16,192	$ 16,343
[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		12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Dec. 31, 2016
Operating activities:
Net income	$ 15,112	$ 10,813
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	1,980	1,905
Provision (credit) for loan losses	194	1,236	$ 5,546
Share based compensation expense	496	477
Tax benefits associated with share based compensation	239	77
Deferred income tax expense	(214)	626
Origination of loans held for sale	(34,895)	(26,862)
Proceeds from sales of loans held for sale	41,850	32,592
Gains on sales of loans held for sale	924	493
Loss on sales of other real estate owned	(17)	72
Investment securities gains	(2)	(1,769)
Increase (Decrease) in Operating Capital [Abstract]
Net (increase) decrease in accrued interest receivable	57	(239)
Net (increase) decrease in other assets	(195)	(565)
Net increase (decrease) in accrued expenses and other liabilities	6,076	(3,731)
Other - net	2,654	788
Net cash provided by operating activities	34,259	15,913
Investing activities:
Proceeds of other equity securities	4,483	3,807
Purchases of investments available-for-sale	(105,028)	0
Proceeds from sales of investment available-for-sale	0	40,863
Proceeds from maturities, calls and principal payments of investments held-to-maturity	0	5,004
Proceeds from maturities, calls and principal payments of investments available-for-sale	25,296	59,561
Net increase in loans and leases	(77,674)	(83,890)
Proceeds from the sales of other real estate owned	759	163
Expenditures for premises and equipment	(1,131)	(1,451)
Net cash used in investing activities	(153,295)	24,057
Financing activities:
Net increase (decrease) in deposits	221,654	148,578
Net increase (decrease) in retail repurchase agreements and federal funds purchased	16,125	11,898
Proceeds from advances from FHLB	1,130,000	760,000
Repayment of advances from FHLB	(1,245,000)	(855,000)
Retirement of subordinated debt	(30,000)	0
Proceeds from issuance of common stock	276	184
Repurchase of common stock	0	(13,273)
Dividends paid	(6,275)	(5,843)
Net cash provided by financing activities	86,780	46,544
Net increase (decrease) in cash and cash equivalents	(32,256)	86,514
Cash and cash equivalents at beginning of period	134,125	72,882	72,882
Cash and cash equivalents at end of period	101,869	159,396	$ 134,125
Supplemental Disclosures:
Interest payments	5,936	5,795
Income tax payments	7	6,396
Transfer of Investments Held-to-maturity to Available For Sale Securities	0	203,118
Transfer from loans to residential mortgage loans held for sale	12,374	18,752
Transfers from loans to other real estate owned	$ 113	$ 0

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)
Balance at at Dec. 31, 2015	$ 524,427		$ 24,296	$ 175,588	$ 325,840	$ (1,297)
Net income	10,813		0	0	10,813	0
Other comprehensive income (loss), net of tax	5,530		0	0	0	5,530
Common stock dividends - $0.26 and $0.24 per share at March 31, 2017 and 2016, respectively	(5,843)		0	0	(5,843)	0
Stock compensation expense, Adjustments to Additional Paid in Capital, Requisite Service Period Recognition, Total	477		0	477	0	0
Common stock issued pursuant to:
Stock option plan - 17,362 and 21,694 shares at March 31, 2017 and 2016, respectively	285		21	264	0	0
Employee stock purchase plan - 4,431 and 6,937 shares at March 31, 2017 and 2016, respectively	157		7	150	0	0
Restricted stock - 7,288 and 15,162 shares at March 31, 2017 and 2016, respectively	(181)		15	(196)	0	0
Purchase of treasury shares - 512,459 shares at March 31, 2016	(13,273)	$ (512)		(12,761)	0	0
Balance at at Mar. 31, 2016	522,392		23,827	163,522	330,810	4,233
Balance at at Dec. 31, 2016	533,572		23,901	165,871	350,414	(6,614)
Net income	15,112		0	0	15,112	0
Other comprehensive income (loss), net of tax	1,080		0	0	0	1,080
Common stock dividends - $0.26 and $0.24 per share at March 31, 2017 and 2016, respectively	(6,275)		0	0	(6,275)	0
Stock compensation expense, Adjustments to Additional Paid in Capital, Requisite Service Period Recognition, Total	496		0	496	0	0
Common stock issued pursuant to:
Stock option plan - 17,362 and 21,694 shares at March 31, 2017 and 2016, respectively	300		17	283	0	0
Employee stock purchase plan - 4,431 and 6,937 shares at March 31, 2017 and 2016, respectively	156		5	151	0	0
Restricted stock - 7,288 and 15,162 shares at March 31, 2017 and 2016, respectively	(180)		7	(187)	0	0
Balance at at Mar. 31, 2017	$ 544,261		$ 23,930	$ 166,614	$ 359,251	$ (5,534)

CONSOLIDATED STATEMENTS OF CHA8

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (Parenthetical) - $ / shares	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Statement Of Stockholders Equity [Abstract]
Common stock dividends, per share	$ 0.26	$ 0.24
Stock option plan, shares	17,362	21,694
Employee stock purchase plan, shares	4,431	6,937
Restricted stock, shares	7,288	15,162
Treasury Stock, Shares, Retired		512,459

SIGNIFICANT ACCOUNTING POLICIES

SIGNIFICANT ACCOUNTING POLICIES	3 Months Ended
	Mar. 31, 2017
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 44 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 months ended March 31, 2017 are not necessarily indicative of the results that may be expected for any future periods or for the year ending December 31, 2017 . 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 2016 Annual Report on Form 10-K as filed with the Securities and Exchange Commission ( “SEC”) on March 3, 2017 . There have been no significant changes to the Company’s accounting p olicies as disclosed in the 2016 Annual Report on Form 10-K. Principles of Consolidation The unaudited condensed consolidated financial statements include the a ccounts 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 transactions . 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 losses and the related allowance, determination of imp aired 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, valuation of ot her 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 actuarial projec tions 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 stated original maturity of three months or less). Pending Accounting Pronouncements The FASB issued Update No. 2017-08, Receivables-Nonrefundable Fees and Other Costs (Subtopic 310-20): Premium Amortization on Purchased Callable Debt Securities , in March 2017. This guidance is intended to eliminate the current diversity in practice with respect to the amortization period for certain purchased callable debt securities held at a premium. Under current generally accepted accounting principles (GAAP), entities generally amortize the premium as an adjustment of yield over the contractual life. As a result, upon the exercise of a call on a callable debt security held at a premium, the unamortized premium is recorded as a loss in earnings. The amendments in this update short en the amortization period for such callable debt securities held at a premium requiring the premium to be amortized to the earliest call date. This guidance is effective for a public business entity that is a U.S. Securities and Exchange Commission (SEC) filer for its fiscal years, and interim periods within those fiscal years, beginning after December 15, 2019. 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. 2017-04, Intangibles-Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment , in January 2017. The objective of this guidance is to simplify an entity’s required test for impairment of goodwill by eliminatin g Step 2 from the goodwill impairment test. In Step 2 an entity measured a goodwill impairment loss by comparing the implied fair value of a reporting unit’s goodwill with the carrying amount of that goodwill. In computing the implied fair value of goodwil l, an entity had to determine the fair value at the impairment date of its assets and liabilities, including any unrecognized assets and liabilities, following a procedure that would be required in determining the fair value of assets acquired and liabilit ies assumed in a business combination. Under this Update, an entity should perform its annual or quarterly goodwill impairment test by comparing the fair value of the reporting unit with its carrying amount and record an impairment charge for the excess of the carrying amount over the reporting unit’s fair value. The loss recognized should not exceed the total amount of goodwill allocated to the reporting unit and the entity must consider the income tax effects from any tax deductible goodwill on the carry ing amount of the reporting unit when measuring the goodwill impairment loss, if applicable. This guidance is effective for a public business entity that is an SEC filer for its annual or any interim goodwill impairment tests in fiscal years beginning afte r December 15, 2019. 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 2017-1, Business Combinations (Topic 805): Clarifying the Definit ion of a Business , in January 2017. The objective of this guidance is to clarify the definition of a business to provide entities with assistance in evaluating whether transactions should be accounted for as acquisitions (or disposals) of assets or busines ses. The update provides a screen to determine when an integrated set of assets and activities (a “set”) is not a business. The screen requires that when substantially all of the fair value of the gross assets acquired (or disposed of) is concentrated in a single identifiable assets or a group of similar identifiable assets, the set is not a business. The screen thus reduces the number of transactions that need to be further evaluated. If the screen is not met, the amendments in this Update (1) require that to be considered a business, as set must include, at a minimum, an input and substantive process that together significantly contribute to the ability to create output and (2) remove the evaluation of whether a market participant could replace missing ele ments. The amendments provide a framework to assist entities in evaluating whether both an input and a substantive process are present. The framework includes two sets of criteria to consider that depend on whether a set has outputs. Although outputs are n ot required for an asset to be a business, outputs generally are a key element of a business; therefore, the Board has developed more stringent criteria for sets without outputs. This guidance is effective for public business entities for annual periods be ginning after December 15, 2017, including interim periods within those periods. 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. 20 16-15 , Statement of Cash Flow (Topic 230): Classification of Certain Cash Receipts and Cash Payments , in August 2016. This guidance is intended to reduce the div ersity in practice with respect to the presentation an d classification of items in the statement of cash flows. This guidance is effective for public business entities for the first interim or annual period beginning after December 15, 2017. The standard’s provisions will be applied using a retrospective transition method to each per iod presented. An entity may elect early adoption but must adopt all of the amendments in the same period. 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. Th e FASB issued Update No. 2016-13, Current Expected Credit Losses (CECL) , 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 an expect ed loss model, replacing the incurred loss model that is currently in use. Under the new guidance, an entity will measure all expected credit losses for financial instruments held at the reporting date based on historical experience, current condition and reasonable and supportable forecasts. This will result in earlier recognition of loss allowances in most instances. Credit losses related to available-for-sale debt securities (regardless of whether the impairment is considered to be other-than-temporary) 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 deb t 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 fo r 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. E arly 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 c ash flows. The FASB issued Update No. 2016-08 , Revenue from Contracts with Customers (Topic 606): Principal versus Agent Considerations (Reporting Revenue Gross versus Net) , in March 2016. This guidance is intended to clarify a potential implementation iss ue with respect to determining 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 whic h party is the agent. The effective 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 positi on, results of operations or cash flows. The FASB issued Update No. 2016-02 , Leases , in February 2016. From the lessee’s perspective, the new standard establishes a right-of-use (ROU) model that requires a lessee to record a ROU asset and a lease liability on the balance sheet for all leases with terms longer than 12 months. Leases will be classified as either finance or operating, with classification affecting the pattern of expense recognition in the income statement for lessees. The guidance also elimina tes 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 to 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 firs t 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 th e financial statements. 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. 2016-01 , Financial Instruments - Overall , in January 2016. This gu idance 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 do not have readily determinable fair values and do n’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 option in other comprehensive income, except for certain financial lia bilities 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. This simplifies th e impairment assessment of equity investments without readily determinable fair values by requiring a qualitative assessment to identify impairment. For public entities, the guidance in this update is effective for the first interim or annual period beginn ing 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. 2014-09, Revenue from Contr acts with Customers (Topic 606 ) , 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 certa in 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 a nnual 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’s revenue is comprised of net interest income and noninterest income. As ASU 2014-09 does not apply to revenue associated with financial instruments, net interest income, mortgage origination and servicing activities, and gains and losses from securities are not impacted by the standard. For other revenue streams such as: 1) wealth management income; 2) insurance agency commissions; 3) bank card fees; and 4) service charges on deposit accounts, we do not expect this standard to have a material impact on the timing of revenue recognition. We are currently evaluating the disclosure requirements of the standard. An assessment of the impact of this guidance has been performed and the Company does not expect it to have a material impact on the Company’s financial position, results of operations and cash flows.

INVESTMENTS

INVESTMENTS	3 Months Ended
	Mar. 31, 2017
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: March 31, 2017 December 31, 2016 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 $ 124,316 $ - $ (2,547) $ 121,769 $ 124,314 $ 32 $ (2,556) $ 121,790 State and municipal 326,743 8,207 (462) 334,488 281,090 7,180 (586) 287,684 Mortgage-backed 347,574 2,801 (4,113) 346,262 314,029 2,851 (4,169) 312,711 Corporate debt 9,100 304 - 9,404 9,100 34 - 9,134 Trust preferred 931 19 - 950 1,089 - (77) 1,012 Total debt securities 808,664 11,331 (7,122) 812,873 729,622 10,097 (7,388) 732,331 Marketable equity securities 1,223 - - 1,223 1,223 - - 1,223 Total investments available-for-sale $ 809,887 $ 11,331 $ (7,122) $ 814,096 $ 730,845 $ 10,097 $ (7,388) $ 733,554 Any unrealized losses in the U.S. government agencies, state and municipal, mortgage-backed or corporate debt investment securities at March 31, 2017 are not the result of credit related events but due to changes in interest rates. These declines in fair market value are considered temporary in na ture and are expected to recover over time as these securities approach maturity. The mortgage-backed securities portfolio at March 31, 2017 is composed entirely of either the most senior tranches of GNMA, F NMA or FHLMC collaterali zed mortgage obligations ($119.9 million), or GNMA, FNMA or FHLMC mo rtgage-backed securities ($226.4 million). The Company does not intend to sell these securities and has sufficient liquidity to hold these securities for an adequa te period of time to allow for any anticipated recovery in fair value. At March 31, 2017 the trust preferred portfolio consisted of one pooled trust preferred security. The pooled trust preferred security, which is backed by debt issued by banks and thrif ts, totaled $0.9 million with a fair value of the same amount . The fair value of this security 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 March 31, 2017 . The security had an insignificant unrealized gain at March 31, 2017 rec ognized in other comprehensive income (“OCI”) . The security is not expected to be sold and the Company has the ability to hold it until maturity . 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, 2016 $ 531 Additions for credit losses not previously recognized - Cumulative credit losses on investment securities through March 31, 2017 $ 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: March 31, 2017 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 14 $ 111,769 $ 2,547 $ - $ 2,547 State and municipal 57 57,432 388 74 462 Mortgage-backed 38 222,855 3,903 210 4,113 Total 109 $ 392,056 $ 6,838 $ 284 $ 7,122 December 31, 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 U.S. government agencies 12 $ 96,788 $ 2,556 $ - $ 2,556 State and municipal 53 48,010 516 70 586 Mortgage-backed 37 212,844 3,971 198 4,169 Trust preferred 1 1,012 - 77 77 Total 103 $ 358,654 $ 7,043 $ 345 $ 7,388 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. March 31, 2017 December 31, 2016 Estimated Estimated Amortized Fair Amortized Fair (In thousands) Cost Value Cost Value Due in one year or less $ 5,310 $ 5,348 $ 7,493 $ 7,541 Due after one year through five years 162,299 168,435 156,953 162,233 Due after five years through ten years 289,294 289,884 282,468 282,713 Due after ten years 351,761 349,206 282,708 279,844 Total debt securities available for sale $ 808,664 $ 812,873 $ 729,622 $ 732,331 At March 31, 2017 and December 31, 2016 , investments available-for-sale with a book value of $468.2 million and $453.0 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 March 31, 2017 and December 31, 2016 . Equity securities Other equity securities at the dates indicated are presented in the following table: (In thousands) March 31, 2017 December 31, 2016 Federal Reserve Bank stock $ 8,352 $ 8,334 Federal Home Loan Bank of Atlanta stock 33,259 37,760 Total equity securities $ 41,611 $ 46,094

LOANS AND LEASES

LOANS AND LEASES	3 Months Ended
	Mar. 31, 2017
Receivables [Abstract]
LOANS AND LEASES	Note 3 – L OANS Outstanding loan balances at March 31, 2017 and December 31, 2016 are net of unearned income including net deferred loan costs of $1.5 million and $1.4 million, respectively. The loan portfolio segment balances at the dates indicated are presented in the following table: (In thousands) March 31, 2017 December 31, 2016 Residential real estate: Residential mortgage $ 848,814 $ 841,692 Residential construction 170,285 150,229 Commercial real estate: Commercial owner occupied real estate 772,443 775,552 Commercial investor real estate 979,410 928,113 Commercial acquisition, development and construction 309,350 308,279 Commercial business 457,216 467,286 Consumer 455,478 456,657 Total loans $ 3,992,996 $ 3,927,808

CREDIT QUALITY ASSESSMENT

CREDIT QUALITY ASSESSMENT	3 Months Ended
	Mar. 31, 2017
Credit Quality Assessment [Abstract]
CREDIT QUALITY ASSESSMENT	Note 4 – CREDIT QUALITY ASSESSMENT Allowance for Loan Losses Summary information on t he allowance for loan loss activity for the period indicated is provided in the following table: Three Months Ended March 31, (In thousands) 2017 2016 Balance at beginning of year $ 44,067 $ 40,895 Provision for loan losses 194 1,236 Loan charge-offs (482) (511) Loan recoveries 82 146 Net charge-offs (400) (365) Balance at period end $ 43,861 $ 41,766 The following tables provide information on the activity in t he allowance for loan losses by the respective loan portfolio segment for the period indicated: For the Three Months Ended March 31, 2017 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 Consumer Mortgage Construction Total Balance at beginning of year $ 7,539 $ 4,652 $ 12,939 $ 7,885 $ 2,828 $ 7,261 $ 963 $ 44,067 Provision (credit) 400 (433) (42) (805) 365 529 180 194 Charge-offs (289) - - - (191) (2) - (482) Recoveries 29 - 5 - 24 18 6 82 Net charge-offs (260) - 5 - (167) 16 6 (400) Balance at end of period $ 7,679 $ 4,219 $ 12,902 $ 7,080 $ 3,026 $ 7,806 $ 1,149 $ 43,861 Total loans and leases $ 457,216 $ 309,350 $ 979,410 $ 772,443 $ 455,478 $ 848,814 $ 170,285 $ 3,992,996 Allowance for loans losses to total loans ratio 1.68% 1.36% 1.32% 0.92% 0.66% 0.92% 0.67% 1.10% Balance of loans specifically evaluated for impairment $ 7,012 $ 137 $ 7,970 $ 5,849 $ na. $ 2,910 $ - $ 23,878 Allowance for loans specifically evaluated for impairment $ 3,014 $ - $ 1,736 $ 568 $ na. $ - $ - $ 5,318 Specific allowance to specific loans ratio 42.98% - 21.78% 9.71% na. - - 22.27% Balance of loans collectively evaluated $ 450,204 $ 309,213 $ 971,440 $ 766,594 $ 455,478 $ 845,904 $ 170,285 $ 3,969,118 Allowance for loans collectively evaluated $ 4,665 $ 4,219 $ 11,166 $ 6,512 $ 3,026 $ 7,806 $ 1,149 $ 38,543 Collective allowance to collective loans ratio 1.04% 1.36% 1.15% 0.85% 0.66% 0.92% 0.67% 0.97% For the Year Ended December 31,2016 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 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) 1,563 (31) 2,563 (104) 112 1,406 37 5,546 Charge-offs (597) (48) (197) - (888) (1,404) - (3,134) Recoveries 44 40 133 5 148 358 32 760 Net charge-offs (553) (8) (64) 5 (740) (1,046) 32 (2,374) Balance at end of period $ 7,539 $ 4,652 $ 12,939 $ 7,885 $ 2,828 $ 7,261 $ 963 $ 44,067 Total loans and leases $ 467,286 $ 308,279 $ 928,113 $ 775,552 $ 456,657 $ 841,692 $ 150,229 $ 3,927,808 Allowance for loan losses to total loans ratio 1.61% 1.51% 1.39% 1.02% 0.62% 0.86% 0.64% 1.12% Balance of loans specifically evaluated for impairment $ 7,018 $ 137 $ 8,107 $ 5,567 $ na. $ 3,263 $ - $ 24,092 Allowance for loans specifically evaluated for impairment $ 2,604 $ - $ 1,736 $ 485 $ na. $ - $ - $ 4,825 Specific allowance to specific loans ratio 37.10% - 21.41% 8.71% na. - - 20.03% Balance of loans collectively evaluated $ 460,268 $ 308,142 $ 920,006 $ 769,985 $ 456,657 $ 838,429 $ 150,229 $ 3,903,716 Allowance for loans collectively evaluated $ 4,935 $ 4,652 $ 11,203 $ 7,400 $ 2,828 $ 7,261 $ 963 $ 39,242 Collective allowance to collective loans ratio 1.07% 1.51% 1.22% 0.96% 0.62% 0.87% 0.64% 1.01% The following table provides summary information regarding impaired loans at the dates indicated and for the periods then ended: (In thousands) March 31, 2017 December 31, 2016 Impaired loans with a specific allowance $ 14,189 $ 13,563 Impaired loans without a specific allowance 9,689 10,529 Total impaired loans $ 23,878 $ 24,092 Allowance for loan losses related to impaired loans $ 5,318 $ 4,825 Allowance for loan losses related to loans collectively evaluated 38,543 39,242 Total allowance for loan losses $ 43,861 $ 44,067 Average impaired loans for the period $ 23,985 $ 26,382 Contractual interest income due on impaired loans during the period $ 625 $ 2,082 Interest income on impaired loans recognized on a cash basis $ 281 $ 511 Interest income on impaired loans recognized on an accrual basis $ 70 $ 186 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: March 31, 2017 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 Accruing $ 1,053 $ - $ - $ - $ - $ 1,053 Non-accruing 2,470 - 7,030 2,164 - 11,664 Restructured accruing 825 - - - - 825 Restructured non-accruing 8 - - 639 - 647 Balance $ 4,356 $ - $ 7,030 $ 2,803 $ - $ 14,189 Allowance $ 3,014 $ - $ 1,736 $ 568 $ - $ 5,318 Impaired loans without a specific allowance Non-accruing $ 1,552 $ - $ 430 $ 1,117 $ - $ 3,099 Restructured accruing 285 - - 743 556 1,584 Restructured non-accruing 819 137 510 1,186 2,354 5,006 Balance $ 2,656 $ 137 $ 940 $ 3,046 $ 2,910 $ 9,689 Total impaired loans Accruing $ 1,053 $ - $ - $ - $ - $ 1,053 Non-accruing 4,022 - 7,460 3,281 - 14,763 Restructured accruing 1,110 - - 743 556 2,409 Restructured non-accruing 827 137 510 1,825 2,354 5,653 Balance $ 7,012 $ 137 $ 7,970 $ 5,849 $ 2,910 $ 23,878 Unpaid principal balance in total impaired loans $ 7,863 $ 4,398 $ 12,661 $ 8,054 $ 3,721 $ 36,697 March 31, 2017 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 $ 7,015 $ 137 $ 8,039 $ 5,708 $ 3,086 $ 23,985 Contractual interest income due on impaired loans during the period $ 191 $ 77 $ 176 $ 150 $ 31 Interest income on impaired loans recognized on a cash basis $ 93 $ - $ 10 $ 74 $ 104 Interest income on impaired loans recognized on an accrual basis $ 51 $ - $ - $ 9 $ 10 December 31, 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 $ 2,807 $ - $ 7,029 $ 1,884 $ - $ 11,720 Restructured accruing 1,140 - - - - 1,140 Restructured non-accruing 64 - - 639 - 703 Balance $ 4,011 $ - $ 7,029 $ 2,523 $ - $ 13,563 Allowance $ 2,604 $ - $ 1,736 $ 485 $ - $ 4,825 Impaired loans without a specific allowance Non-accruing $ 1,562 $ - $ 562 $ 1,083 $ - $ 3,207 Restructured accruing 45 - - 744 560 1,349 Restructured non-accruing 1,400 137 516 1,217 2,703 5,973 Balance $ 3,007 $ 137 $ 1,078 $ 3,044 $ 3,263 $ 10,529 Total impaired loans Non-accruing $ 4,369 $ - $ 7,591 $ 2,967 $ - $ 14,927 Restructured accruing 1,185 - - 744 560 2,489 Restructured non-accruing 1,464 137 516 1,856 2,703 6,676 Balance $ 7,018 $ 137 $ 8,107 $ 5,567 $ 3,263 $ 24,092 Unpaid principal balance in total impaired loans $ 10,082 $ 4,398 $ 12,805 $ 7,760 $ 3,971 $ 39,016 December 31, 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 $ 5,646 $ 150 $ 9,480 $ 6,561 $ 4,545 $ 26,382 Contractual interest income due on impaired loans during the period $ 570 $ 294 $ 718 $ 310 $ 190 Interest income on impaired loans recognized on a cash basis $ 153 $ - $ 43 $ 266 $ 49 Interest income on impaired loans recognized on an accrual basis $ 107 $ - $ - $ 37 $ 42 Credit Quality The following tables provide information on the credit quality of the loan portfolio by segment at the dates indicated: March 31, 2017 Commercial Real Estate Residential Real Estate Commercial Commercial Commercial Owner Residential Residential (In thousands) Commercial AD&C Investor R/E Occupied R/E Consumer Mortgage Construction Total Non-performing loans and assets: Non-accrual loans $ 4,849 $ 137 $ 7,970 $ 5,106 $ 3,058 $ 6,908 $ 189 $ 28,217 Loans 90 days past due - - - - - 232 - 232 Restructured loans 1,110 - - 743 - 556 - 2,409 Total non-performing loans 5,959 137 7,970 5,849 3,058 7,696 189 30,858 Other real estate owned 39 365 395 - - 495 - 1,294 Total non-performing assets $ 5,998 $ 502 $ 8,365 $ 5,849 $ 3,058 $ 8,191 $ 189 $ 32,152 December 31, 2016 Commercial Real Estate Residential Real Estate Commercial Commercial Commercial Owner Residential Residential (In thousands) Commercial AD&C Investor R/E Occupied R/E Consumer Mortgage Construction Total Non-performing loans and assets: Non-accrual loans $ 5,833 $ 137 $ 8,107 $ 4,823 $ 2,859 $ 7,257 $ 195 $ 29,211 Loans 90 days past due - - - - - 232 - 232 Restructured loans 1,185 - - 744 - 560 - 2,489 Total non-performing loans 7,018 137 8,107 5,567 2,859 8,049 195 31,932 Other real estate owned 39 365 395 637 - 475 - 1,911 Total non-performing assets $ 7,057 $ 502 $ 8,502 $ 6,204 $ 2,859 $ 8,524 $ 195 $ 33,843 March 31, 2017 Commercial Real Estate Residential Real Estate Commercial Commercial Commercial Owner Residential Residential (In thousands) Commercial AD&C Investor R/E Occupied R/E Consumer Mortgage Construction Total Past due loans 31-60 days $ 5,140 $ - $ - $ 252 $ 586 $ 5,747 $ - $ 11,725 61-90 days 602 - - 268 408 273 - 1,551 > 90 days - - - - - 232 - 232 Total past due 5,742 - - 520 994 6,252 - 13,508 Non-accrual loans 4,849 137 7,970 5,106 3,058 6,908 189 28,217 Current loans 446,625 309,213 971,440 766,817 451,426 835,654 170,096 3,951,271 Total loans $ 457,216 $ 309,350 $ 979,410 $ 772,443 $ 455,478 $ 848,814 $ 170,285 $ 3,992,996 December 31, 2016 Commercial Real Estate Residential Real Estate Commercial Commercial Commercial Owner Residential Residential (In thousands) Commercial AD&C Investor R/E Occupied R/E Consumer Mortgage Construction Total Past due loans 31-60 days $ 663 $ 896 $ 850 $ 1,479 $ 808 $ 3,969 $ - $ 8,665 61-90 days 672 - 1,206 744 1,104 2,139 - 5,865 > 90 days - - - - - 232 - 232 Total past due 1,335 896 2,056 2,223 1,912 6,340 - 14,762 Non-accrual loans 5,833 137 8,107 4,823 2,859 7,257 195 29,211 Current loans 460,118 307,246 917,950 768,506 451,886 828,095 150,034 3,883,835 Total loans $ 467,286 $ 308,279 $ 928,113 $ 775,552 $ 456,657 $ 841,692 $ 150,229 $ 3,927,808 The following tables provide information by credit risk rating indicators for each segment of the commercial loan portfolio at the dates indicated: March 31, 2017 Commercial Real Estate Commercial Commercial Commercial Owner (In thousands) Commercial AD&C Investor R/E Occupied R/E Total Pass $ 439,936 $ 309,213 $ 968,724 $ 757,890 $ 2,475,763 Special Mention 3,705 - 2,373 6,510 12,588 Substandard 13,575 137 8,313 8,043 30,068 Doubtful - - - - - Total $ 457,216 $ 309,350 $ 979,410 $ 772,443 $ 2,518,419 December 31, 2016 Commercial Real Estate Commercial Commercial Commercial Owner (In thousands) Commercial AD&C Investor R/E Occupied R/E Total Pass $ 442,725 $ 308,142 $ 917,255 $ 758,651 $ 2,426,773 Special Mention 10,010 - 2,395 9,255 21,660 Substandard 14,551 137 8,463 7,646 30,797 Doubtful - - - - - Total $ 467,286 $ 308,279 $ 928,113 $ 775,552 $ 2,479,230 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: March 31, 2017 Residential Real Estate Residential Residential (In thousands) Consumer Mortgage Construction Total Performing $ 452,420 $ 841,118 $ 170,096 $ 1,463,634 Non-performing: 90 days past due - 232 - 232 Non-accruing 3,058 6,908 189 10,155 Restructured loans - 556 - 556 Total $ 455,478 $ 848,814 $ 170,285 $ 1,474,577 December 31, 2016 Residential Real Estate Residential Residential (In thousands) Consumer Mortgage Construction Total Performing $ 453,798 $ 833,643 $ 150,034 $ 1,437,475 Non-performing: 90 days past due - 232 - 232 Non-accruing 2,859 7,257 195 10,311 Restructured loans - 560 - 560 Total $ 456,657 $ 841,692 $ 150,229 $ 1,448,578 During the three months ended March 31, 2017 , the Company restructured $0.2 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 2017 did not have any specific reserves . For the year ended December 31, 2016 , the Company restructured $0.6 million in loans. Modifications consisted principally of interest rate concessions and no modif ications resulted in the reduction of the recorded investment in the associated loan balances. Loans restructured during 2016 did not have significant specific reserves at December 31, 2016 . The commitments to lend additional funds on loans that have been restructured at March 31, 2017 and December 31, 2016 were not significant . 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 Three Months Ended March 31, 2017 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 $ 244 $ - $ - $ - $ - $ 244 Restructured non-accruing - - - - - - Balance $ 244 $ - $ - $ - $ - $ 244 Specific allowance $ - $ - $ - $ - $ - $ - Restructured and subsequently defaulted $ - $ - $ - $ - $ - $ - For the Year Ended December 31, 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 $ - $ - $ 508 $ - $ 550 Restructured non-accruing - - - - - - Balance $ 42 $ - $ - $ 508 $ - $ 550 Specific allowance $ 39 $ - $ - $ - $ - $ 39 Restructured and subsequently defaulted $ - $ - $ 479 $ - $ - $ 479 Other Real Estate Owned Other real estate owned totaled $1.3 million and $1.9 million at March 31, 2017 and December 31, 2016 , respectively .

GOODWILL AND OTHER INTANGIBLE A

GOODWILL AND OTHER INTANGIBLE ASSETS	3 Months Ended
	Mar. 31, 2017
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: March 31, 2017 Weighted December 31, 2016 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 $ 786 $ (132) $ 654 13.6 years $ 786 $ (106) $ 680 13.8 years Total amortizing intangible assets $ 786 $ (132) $ 654 $ 786 $ (106) $ 680 Goodwill $ 85,768 $ 85,768 $ 85,768 $ 85,768 The following table presents the estimated future amortization expense for amortizing intangible assets within the years ending December 31: (In thousands) Amount 2017 $ 75 2018 95 2019 83 2020 66 Thereafter 335 Total amortizing intangible assets $ 654

DEPOSITS

DEPOSITS	3 Months Ended
	Mar. 31, 2017
Deposits [Abstract]
DEPOSITS	Note 6 – Deposits The following table presents the composition of deposits at the dates indicated: (In thousands) March 31, 2017 December 31, 2016 Noninterest-bearing deposits $ 1,234,505 $ 1,138,139 Interest-bearing deposits: Demand 616,928 615,058 Money market savings 1,014,064 927,837 Regular savings 324,492 310,471 Time deposits of less than $100,000 269,062 258,621 Time deposits of $100,000 or more 340,147 327,418 Total interest-bearing deposits 2,564,693 2,439,405 Total deposits $ 3,799,198 $ 3,577,544

STOCKHOLDERS' EQUITY

STOCKHOLDERS' EQUITY	3 Months Ended
	Mar. 31, 2017
Stockholders' Equity Note [Abstract]
STOCKHOLDERS EQUITY	Note 7 – Stockholders’ Equity The Company re-approved a stock repurchase program in August 2015 that permits the repurchase of up to 5% of the Company’s outstanding shares of common 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. The Company did not repurchase any shares d uring the first three mont hs of 2017 .

SHARE BASED COMPENSATION

SHARE BASED COMPENSATION	3 Months Ended
	Mar. 31, 2017
Share Based Compensation [Abstract]
SHARE BASED COMPENSATION	Note 8 – Share Based Compensation At March 31, 2017 , 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 1,336,404 are available for issuance at March 31, 2017 , 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 sh ares to satisfy option exercises. The fair values of all of the options granted for the periods indicated have been estimated using a bino mial option-pricing model. T he weighted-average assumptions for the periods shown are presented in the following tabl e: Three Months Ended March 31, 2017 2016 Dividend yield 2.45 % 3.48 % Weighted average expected volatility 40.27 % 41.54 % Weighted average risk-free interest rate 2.14 % 1.42 % Weighted average expected lives (in years) 5.67 5.71 Weighted average grant-date fair value $13.42 $7.75 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 March 31, 2017 and 2016 , respectively, related to the awards of stock options and restricted stock grants. The intrins ic value of stock options exercised in the three months ended March 31, 2017 and 2016 was $0.4 million and $0.3 million, respectively. The total of unrecognized compensation cost related to stock options was approximately $0.3 million as of March 31, 2017 . That cost is expected to be recognized over a weighted average period of approximately 2.4 years . The total of unrecognized compensation cost related to restric ted stock was approximately $5.8 million as of March 31, 2017 . That cost is expected to b e recognized over a weighted average period of approximately 3.5 years . The fair value of the options vested during the three months ended March 31, 2017 and 2016 , was not significant. In the first quarter of 2017 , 12,941 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 55,211 shares of restricted stock in the first quarter of 2017 , 6,479 shares are subject to a three year vesting schedule with one third of the shares vesting each year and 41,709 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 addit ional 6,873 shares of performance based restricted stock grants were also approved as part of the restricted shares granted in the first quarter. The performance shares are subject to cliff vesting after three years based on the relative performance of th e 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, 2017 108,503 $ 22.46 $ 1,902 Granted 12,941 $ 42.48 Exercised (17,362) $ 17.33 $ 427 Forfeited or expired (1,455) $ 26.60 Balance at March 31, 2017 102,627 $ 25.80 4.1 $ 1,584 Exercisable at March 31, 2017 51,309 $ 20.96 2.5 $ 1,028 Weighted average fair value of options granted during the year $ 13.42 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, 2017 212,646 $ 25.19 Granted 55,211 $ 42.48 Vested (11,765) $ 19.02 Forfeited (3,282) $ 25.00 Restricted stock at March 31, 2017 252,810 $ 29.26

PENSION, PROFIT SHARING, AND OT

PENSION, PROFIT SHARING, AND OTHER EMPLOYEE BENEFIT PLANS	3 Months Ended
	Mar. 31, 2017
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 March 31, (In thousands) 2017 2016 Interest cost on projected benefit obligation $ 410 $ 411 Expected return on plan assets (496) (372) Recognized net actuarial loss 295 284 Net periodic benefit cost $ 209 $ 323 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 investmen t horizon of the plan. After consideration of these factors, the Company did not make a contribution to the plan during the first quarter of 2017 Management continues to monitor the funding level of the pension plan and may make contributions as necessary during 2017 .

NET INCOME PER COMMON SHARE

NET INCOME PER COMMON SHARE	3 Months Ended
	Mar. 31, 2017
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 March 31, (Dollars and amounts in thousands, except per share data) 2017 2016 Net income $ 15,112 $ 10,813 Basic: Basic weighted average EPS shares 24,119 23,975 Basic net income per share $ 0.63 $ 0.45 Diluted: Basic weighted average EPS shares 24,119 23,975 Dilutive common stock equivalents 40 248 Dilutive EPS shares 24,159 24,223 Diluted net income per share $ 0.63 $ 0.45 Anti-dilutive shares - 7

OTHER COMPREHENSIVE INCOME (LOS

OTHER COMPREHENSIVE INCOME (LOSS)	3 Months Ended
	Mar. 31, 2017
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, 2017 $ 1,642 $ (8,256) $ (6,614) Other comprehensive income before reclassification, net of tax 904 - 904 Reclassifications from accumulated other comprehensive income, net of tax (2) 178 176 Current period change in other comprehensive income, net of tax 902 178 1,080 Balance at March 31, 2017 $ 2,544 $ (8,078) $ (5,534) 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 6,423 - 6,423 Reclassifications from accumulated other comprehensive income, net of tax (1,064) 171 (893) Current period change in other comprehensive income, net of tax 5,359 171 5,530 Balance at March 31, 2016 $ 11,925 $ (7,692) $ 4,233 The following table provides the information on the reclassification adjustments out of accumulated other comprehensive income for the periods indicated: Three Months Ended March 31, (In thousands) 2017 2016 Unrealized gains/(losses) on investments available-for-sale Affected line item in the Statements of Income: Investment securities gains $ 2 $ 1,769 Income before taxes 2 1,769 Tax expense - 705 Net income $ 2 $ 1,064 Amortization of defined benefit pension plan items Affected line item in the Statements of Income: Recognized actuarial loss (1) $ (295) $ (284) Income before taxes (295) (284) Tax benefit (117) (113) Net income/(loss) $ (178) $ (171) (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	3 Months Ended
	Mar. 31, 2017
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 $18.6 million with a fair value of $0.9 million a s of March 31, 2017 compared to $18 .9 m illion with a fair value of $1.0 million as of December 31, 2016 . The swap posi tions are offset to minimize the potential impact on the Company’s financial statements . 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	3 Months Ended
	Mar. 31, 2017
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.

FAIR VALUE

FAIR VALUE	3 Months Ended
	Mar. 31, 2017
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 instrument’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 the secondary market for similar instruments and are classified as Level 2 of the fair value hierarchy. Investments available-for-sale U.S. government agencies and mortgage-back ed securities 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 coupl ed 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 avail able 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 de termine 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 ab ility 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 valued 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 and corporate debt 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 transfer 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 cert ain assumptions to determine the present value. 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 agreement s 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 trade in are not as efficient and are le ss 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 inter est 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: March 31, 2017 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 $ - $ 17,717 $ - $ 17,717 Investments available-for-sale: U.S. government agencies - 121,769 - 121,769 State and municipal - 334,488 - 334,488 Mortgage-backed - 346,262 - 346,262 Corporate debt - - 9,404 9,404 Trust preferred - - 950 950 Marketable equity securities - 1,223 - 1,223 Interest rate swap agreements - 926 - 926 Liabilities Interest rate swap agreements $ - $ (926) $ - $ (926) December 31, 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 $ - $ 13,222 $ - $ 13,222 Investments available-for-sale: U.S. government agencies - 121,790 - 121,790 State and municipal - 287,684 - 287,684 Mortgage-backed - 312,711 - 312,711 Corporate debt - - 9,134 9,134 Trust preferred - - 1,012 1,012 Marketable equity securities - 1,223 - 1,223 Interest rate swap agreements - 1,010 - 1,010 Liabilities Interest rate swap agreements $ - $ (1,010) $ - $ (1,010) 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, 2017 $ 10,146 Principal redemption (82) Total unrealized gains included in other comprehensive loss 290 Balance at March 31, 2017 $ 10,354 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: March 31, 2017 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 $ - $ - $ 9,078 $ 9,078 $ (11,170) Other real estate owned - - 1,294 1,294 (107) Total $ - $ - $ 10,372 $ 10,372 $ (11,277) December 31, 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 $ - $ - $ 8,981 $ 8,981 $ (10,600) Other real estate owned - - 1,911 1,911 (107) Total $ - $ - $ 10,892 $ 10,892 $ (10,707) At March 31, 2017 , impaired loans totaling $23.9 million were written down to fair value of $18 .6 million as a result of specific loan loss allowances of $5.3 million associated with the impaired loans which was included in the allowance for loan losses. Impaired loans totaling $24.1 million were wri tten down to fair value of $19.3 million at December 31, 2016 as a result of speci fic loan loss allowances of $4.8 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 based on observable inputs (“Level 2”) or unobservable inputs (“Level 3”) . 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 March 31, 2017 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 $ 41,611 $ 41,611 $ - $ 41,611 $ - Loans, net of allowance 3,949,135 3,998,985 - - 3,998,985 Other assets 93,922 93,922 - 93,922 - Financial Liabilities Time deposits $ 609,209 $ 607,589 $ - $ 607,589 $ - Securities sold under retail repurchase agreements and federal funds purchased 141,244 141,244 - 141,244 - Advances from FHLB 675,000 683,959 - 683,959 - Fair Value Measurements December 31, 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 $ 46,094 $ 46,094 $ - $ 46,094 $ - Loans, net of allowance 3,883,741 3,933,700 - - 3,933,700 Other assets 93,328 93,328 - 93,328 - Financial Liabilities Time deposits $ 586,039 $ 584,868 $ - $ 584,868 $ - Securities sold under retail repurchase agreements and federal funds purchased 125,119 125,119 - 125,119 - Advances from FHLB 790,000 800,756 - 800,756 - Subordinated debentures 30,000 29,985 - - 29,985 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 March 31, 2017 and December 31, 2016 as determined by each insu rance carrier. Deposits: The fair value of demand, money market savings and regular savings deposits, which have no stated maturity, were consider ed 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 from th e 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 borr owings, 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 A tlanta (“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 cal culation 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 currently 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 of ac crued interest payable approximates fair value due to the short-term duration and has been excluded from the previous table.

SEGMENT REPORTING

SEGMENT REPORTING	3 Months Ended
	Mar. 31, 2017
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 the acquired business was retained. The accounting policies of the segments are the same as those of the Compa ny. However, 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 depos it products 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 w as not significant for the three months ended March 31, 2017 and 2016 , 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 was not significant for the three months ended March 31, 2017 and 2016 , 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 $1.2 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 was not significant for the three months ended March 31, 2017 and 2016 , 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 March 31, 2017 Community Investment Inter-Segment (In thousands) Banking Insurance Mgmt. Elimination Total Interest income $ 45,957 $ 1 $ 2 $ (2) $ 45,958 Interest expense 5,707 - - (2) 5,705 Provision for loan losses 194 - - - 194 Noninterest income 9,086 1,752 2,003 (209) 12,632 Noninterest expense 27,799 1,355 1,036 (209) 29,981 Income before income taxes 21,343 398 969 - 22,710 Income tax expense 7,060 161 377 - 7,598 Net income $ 14,283 $ 237 $ 592 $ - $ 15,112 Assets $ 5,202,560 $ 8,066 $ 14,577 $ (24,039) $ 5,201,164 Three Months Ended March 31, 2016 Community Investment Inter-Segment (In thousands) Banking Insurance Mgmt. Elimination Total Interest income $ 41,653 $ 1 $ 1 $ (2) $ 41,653 Interest expense 5,533 - - (2) 5,531 Provision for loan losses 1,236 - - - 1,236 Non-interest income 10,219 1,453 1,869 (178) 13,363 Non-interest expense 30,380 1,171 944 (178) 32,317 Income before income taxes 14,723 283 926 - 15,932 Income tax expense 4,644 114 361 - 5,119 Net income $ 10,079 $ 169 $ 565 $ - $ 10,813 Assets $ 4,719,759 $ 5,790 $ 12,088 $ (21,029) $ 4,716,608

SIGNIFICANT ACCOUNTING POLICI24

SIGNIFICANT ACCOUNTING POLICIES (Policies)	3 Months Ended
	Mar. 31, 2017
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 44 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 months ended March 31, 2017 are not necessarily indicative of the results that may be expected for any future periods or for the year ending December 31, 2017 . 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 2016 Annual Report on Form 10-K as filed with the Securities and Exchange Commission ( “SEC”) on March 3, 2017 . There have been no significant changes to the Company’s accounting p olicies as disclosed in the 2016 Annual Report on Form 10-K.
Principles of Consolidation	Principles of Consolidation The unaudited condensed consolidated financial statements include the a ccounts 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 transactions .
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 losses and the related allowance, determination of imp aired 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, valuation of ot her 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 actuarial projec tions 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 stated original maturity of three months or less).

INVESTMENTS (Tables)

INVESTMENTS (Tables)	3 Months Ended
	Mar. 31, 2017
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: March 31, 2017 December 31, 2016 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 $ 124,316 $ - $ (2,547) $ 121,769 $ 124,314 $ 32 $ (2,556) $ 121,790 State and municipal 326,743 8,207 (462) 334,488 281,090 7,180 (586) 287,684 Mortgage-backed 347,574 2,801 (4,113) 346,262 314,029 2,851 (4,169) 312,711 Corporate debt 9,100 304 - 9,404 9,100 34 - 9,134 Trust preferred 931 19 - 950 1,089 - (77) 1,012 Total debt securities 808,664 11,331 (7,122) 812,873 729,622 10,097 (7,388) 732,331 Marketable equity securities 1,223 - - 1,223 1,223 - - 1,223 Total investments available-for-sale $ 809,887 $ 11,331 $ (7,122) $ 814,096 $ 730,845 $ 10,097 $ (7,388) $ 733,554
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, 2016 $ 531 Additions for credit losses not previously recognized - Cumulative credit losses on investment securities through March 31, 2017 $ 531
Other Equity Securities	Equity securities Other equity securities at the dates indicated are presented in the following table: (In thousands) March 31, 2017 December 31, 2016 Federal Reserve Bank stock $ 8,352 $ 8,334 Federal Home Loan Bank of Atlanta stock 33,259 37,760 Total equity securities $ 41,611 $ 46,094
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: March 31, 2017 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 14 $ 111,769 $ 2,547 $ - $ 2,547 State and municipal 57 57,432 388 74 462 Mortgage-backed 38 222,855 3,903 210 4,113 Total 109 $ 392,056 $ 6,838 $ 284 $ 7,122 December 31, 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 U.S. government agencies 12 $ 96,788 $ 2,556 $ - $ 2,556 State and municipal 53 48,010 516 70 586 Mortgage-backed 37 212,844 3,971 198 4,169 Trust preferred 1 1,012 - 77 77 Total 103 $ 358,654 $ 7,043 $ 345 $ 7,388
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. March 31, 2017 December 31, 2016 Estimated Estimated Amortized Fair Amortized Fair (In thousands) Cost Value Cost Value Due in one year or less $ 5,310 $ 5,348 $ 7,493 $ 7,541 Due after one year through five years 162,299 168,435 156,953 162,233 Due after five years through ten years 289,294 289,884 282,468 282,713 Due after ten years 351,761 349,206 282,708 279,844 Total debt securities available for sale $ 808,664 $ 812,873 $ 729,622 $ 732,331

LOANS AND LEASES (Tables)

LOANS AND LEASES (Tables)	3 Months Ended
	Mar. 31, 2017
Loans and Leases [Abstract]
Loan Portfolio Segment Balances	The loan portfolio segment balances at the dates indicated are presented in the following table: (In thousands) March 31, 2017 December 31, 2016 Residential real estate: Residential mortgage $ 848,814 $ 841,692 Residential construction 170,285 150,229 Commercial real estate: Commercial owner occupied real estate 772,443 775,552 Commercial investor real estate 979,410 928,113 Commercial acquisition, development and construction 309,350 308,279 Commercial business 457,216 467,286 Consumer 455,478 456,657 Total loans $ 3,992,996 $ 3,927,808

CREDIT QUALITY ASSESSMENT (Tabl

CREDIT QUALITY ASSESSMENT (Tables)	3 Months Ended
	Mar. 31, 2017
Accounts, Notes, Loans and Financing Receivable [Line Items]
Summary Information on Allowance for Loan and Lease Loss Activity	Summary information on t he allowance for loan loss activity for the period indicated is provided in the following table: Three Months Ended March 31, (In thousands) 2017 2016 Balance at beginning of year $ 44,067 $ 40,895 Provision for loan losses 194 1,236 Loan charge-offs (482) (511) Loan recoveries 82 146 Net charge-offs (400) (365) Balance at period end $ 43,861 $ 41,766
Activity in Allowance for Loan and Lease Losses by Respective Loan Portfolio Segment	The following tables provide information on the activity in t he allowance for loan losses by the respective loan portfolio segment for the period indicated: For the Three Months Ended March 31, 2017 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 Consumer Mortgage Construction Total Balance at beginning of year $ 7,539 $ 4,652 $ 12,939 $ 7,885 $ 2,828 $ 7,261 $ 963 $ 44,067 Provision (credit) 400 (433) (42) (805) 365 529 180 194 Charge-offs (289) - - - (191) (2) - (482) Recoveries 29 - 5 - 24 18 6 82 Net charge-offs (260) - 5 - (167) 16 6 (400) Balance at end of period $ 7,679 $ 4,219 $ 12,902 $ 7,080 $ 3,026 $ 7,806 $ 1,149 $ 43,861 Total loans and leases $ 457,216 $ 309,350 $ 979,410 $ 772,443 $ 455,478 $ 848,814 $ 170,285 $ 3,992,996 Allowance for loans losses to total loans ratio 1.68% 1.36% 1.32% 0.92% 0.66% 0.92% 0.67% 1.10% Balance of loans specifically evaluated for impairment $ 7,012 $ 137 $ 7,970 $ 5,849 $ na. $ 2,910 $ - $ 23,878 Allowance for loans specifically evaluated for impairment $ 3,014 $ - $ 1,736 $ 568 $ na. $ - $ - $ 5,318 Specific allowance to specific loans ratio 42.98% - 21.78% 9.71% na. - - 22.27% Balance of loans collectively evaluated $ 450,204 $ 309,213 $ 971,440 $ 766,594 $ 455,478 $ 845,904 $ 170,285 $ 3,969,118 Allowance for loans collectively evaluated $ 4,665 $ 4,219 $ 11,166 $ 6,512 $ 3,026 $ 7,806 $ 1,149 $ 38,543 Collective allowance to collective loans ratio 1.04% 1.36% 1.15% 0.85% 0.66% 0.92% 0.67% 0.97% For the Year Ended December 31,2016 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 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) 1,563 (31) 2,563 (104) 112 1,406 37 5,546 Charge-offs (597) (48) (197) - (888) (1,404) - (3,134) Recoveries 44 40 133 5 148 358 32 760 Net charge-offs (553) (8) (64) 5 (740) (1,046) 32 (2,374) Balance at end of period $ 7,539 $ 4,652 $ 12,939 $ 7,885 $ 2,828 $ 7,261 $ 963 $ 44,067 Total loans and leases $ 467,286 $ 308,279 $ 928,113 $ 775,552 $ 456,657 $ 841,692 $ 150,229 $ 3,927,808 Allowance for loan losses to total loans ratio 1.61% 1.51% 1.39% 1.02% 0.62% 0.86% 0.64% 1.12% Balance of loans specifically evaluated for impairment $ 7,018 $ 137 $ 8,107 $ 5,567 $ na. $ 3,263 $ - $ 24,092 Allowance for loans specifically evaluated for impairment $ 2,604 $ - $ 1,736 $ 485 $ na. $ - $ - $ 4,825 Specific allowance to specific loans ratio 37.10% - 21.41% 8.71% na. - - 20.03% Balance of loans collectively evaluated $ 460,268 $ 308,142 $ 920,006 $ 769,985 $ 456,657 $ 838,429 $ 150,229 $ 3,903,716 Allowance for loans collectively evaluated $ 4,935 $ 4,652 $ 11,203 $ 7,400 $ 2,828 $ 7,261 $ 963 $ 39,242 Collective allowance to collective loans ratio 1.07% 1.51% 1.22% 0.96% 0.62% 0.87% 0.64% 1.01%
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) March 31, 2017 December 31, 2016 Impaired loans with a specific allowance $ 14,189 $ 13,563 Impaired loans without a specific allowance 9,689 10,529 Total impaired loans $ 23,878 $ 24,092 Allowance for loan losses related to impaired loans $ 5,318 $ 4,825 Allowance for loan losses related to loans collectively evaluated 38,543 39,242 Total allowance for loan losses $ 43,861 $ 44,067 Average impaired loans for the period $ 23,985 $ 26,382 Contractual interest income due on impaired loans during the period $ 625 $ 2,082 Interest income on impaired loans recognized on a cash basis $ 281 $ 511 Interest income on impaired loans recognized on an accrual basis $ 70 $ 186
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: March 31, 2017 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 Accruing $ 1,053 $ - $ - $ - $ - $ 1,053 Non-accruing 2,470 - 7,030 2,164 - 11,664 Restructured accruing 825 - - - - 825 Restructured non-accruing 8 - - 639 - 647 Balance $ 4,356 $ - $ 7,030 $ 2,803 $ - $ 14,189 Allowance $ 3,014 $ - $ 1,736 $ 568 $ - $ 5,318 Impaired loans without a specific allowance Non-accruing $ 1,552 $ - $ 430 $ 1,117 $ - $ 3,099 Restructured accruing 285 - - 743 556 1,584 Restructured non-accruing 819 137 510 1,186 2,354 5,006 Balance $ 2,656 $ 137 $ 940 $ 3,046 $ 2,910 $ 9,689 Total impaired loans Accruing $ 1,053 $ - $ - $ - $ - $ 1,053 Non-accruing 4,022 - 7,460 3,281 - 14,763 Restructured accruing 1,110 - - 743 556 2,409 Restructured non-accruing 827 137 510 1,825 2,354 5,653 Balance $ 7,012 $ 137 $ 7,970 $ 5,849 $ 2,910 $ 23,878 Unpaid principal balance in total impaired loans $ 7,863 $ 4,398 $ 12,661 $ 8,054 $ 3,721 $ 36,697 March 31, 2017 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 $ 7,015 $ 137 $ 8,039 $ 5,708 $ 3,086 $ 23,985 Contractual interest income due on impaired loans during the period $ 191 $ 77 $ 176 $ 150 $ 31 Interest income on impaired loans recognized on a cash basis $ 93 $ - $ 10 $ 74 $ 104 Interest income on impaired loans recognized on an accrual basis $ 51 $ - $ - $ 9 $ 10 December 31, 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 $ 2,807 $ - $ 7,029 $ 1,884 $ - $ 11,720 Restructured accruing 1,140 - - - - 1,140 Restructured non-accruing 64 - - 639 - 703 Balance $ 4,011 $ - $ 7,029 $ 2,523 $ - $ 13,563 Allowance $ 2,604 $ - $ 1,736 $ 485 $ - $ 4,825 Impaired loans without a specific allowance Non-accruing $ 1,562 $ - $ 562 $ 1,083 $ - $ 3,207 Restructured accruing 45 - - 744 560 1,349 Restructured non-accruing 1,400 137 516 1,217 2,703 5,973 Balance $ 3,007 $ 137 $ 1,078 $ 3,044 $ 3,263 $ 10,529 Total impaired loans Non-accruing $ 4,369 $ - $ 7,591 $ 2,967 $ - $ 14,927 Restructured accruing 1,185 - - 744 560 2,489 Restructured non-accruing 1,464 137 516 1,856 2,703 6,676 Balance $ 7,018 $ 137 $ 8,107 $ 5,567 $ 3,263 $ 24,092 Unpaid principal balance in total impaired loans $ 10,082 $ 4,398 $ 12,805 $ 7,760 $ 3,971 $ 39,016 December 31, 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 $ 5,646 $ 150 $ 9,480 $ 6,561 $ 4,545 $ 26,382 Contractual interest income due on impaired loans during the period $ 570 $ 294 $ 718 $ 310 $ 190 Interest income on impaired loans recognized on a cash basis $ 153 $ - $ 43 $ 266 $ 49 Interest income on impaired loans recognized on an accrual basis $ 107 $ - $ - $ 37 $ 42
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: March 31, 2017 Commercial Real Estate Residential Real Estate Commercial Commercial Commercial Owner Residential Residential (In thousands) Commercial AD&C Investor R/E Occupied R/E Consumer Mortgage Construction Total Non-performing loans and assets: Non-accrual loans $ 4,849 $ 137 $ 7,970 $ 5,106 $ 3,058 $ 6,908 $ 189 $ 28,217 Loans 90 days past due - - - - - 232 - 232 Restructured loans 1,110 - - 743 - 556 - 2,409 Total non-performing loans 5,959 137 7,970 5,849 3,058 7,696 189 30,858 Other real estate owned 39 365 395 - - 495 - 1,294 Total non-performing assets $ 5,998 $ 502 $ 8,365 $ 5,849 $ 3,058 $ 8,191 $ 189 $ 32,152 December 31, 2016 Commercial Real Estate Residential Real Estate Commercial Commercial Commercial Owner Residential Residential (In thousands) Commercial AD&C Investor R/E Occupied R/E Consumer Mortgage Construction Total Non-performing loans and assets: Non-accrual loans $ 5,833 $ 137 $ 8,107 $ 4,823 $ 2,859 $ 7,257 $ 195 $ 29,211 Loans 90 days past due - - - - - 232 - 232 Restructured loans 1,185 - - 744 - 560 - 2,489 Total non-performing loans 7,018 137 8,107 5,567 2,859 8,049 195 31,932 Other real estate owned 39 365 395 637 - 475 - 1,911 Total non-performing assets $ 7,057 $ 502 $ 8,502 $ 6,204 $ 2,859 $ 8,524 $ 195 $ 33,843 March 31, 2017 Commercial Real Estate Residential Real Estate Commercial Commercial Commercial Owner Residential Residential (In thousands) Commercial AD&C Investor R/E Occupied R/E Consumer Mortgage Construction Total Past due loans 31-60 days $ 5,140 $ - $ - $ 252 $ 586 $ 5,747 $ - $ 11,725 61-90 days 602 - - 268 408 273 - 1,551 > 90 days - - - - - 232 - 232 Total past due 5,742 - - 520 994 6,252 - 13,508 Non-accrual loans 4,849 137 7,970 5,106 3,058 6,908 189 28,217 Current loans 446,625 309,213 971,440 766,817 451,426 835,654 170,096 3,951,271 Total loans $ 457,216 $ 309,350 $ 979,410 $ 772,443 $ 455,478 $ 848,814 $ 170,285 $ 3,992,996 December 31, 2016 Commercial Real Estate Residential Real Estate Commercial Commercial Commercial Owner Residential Residential (In thousands) Commercial AD&C Investor R/E Occupied R/E Consumer Mortgage Construction Total Past due loans 31-60 days $ 663 $ 896 $ 850 $ 1,479 $ 808 $ 3,969 $ - $ 8,665 61-90 days 672 - 1,206 744 1,104 2,139 - 5,865 > 90 days - - - - - 232 - 232 Total past due 1,335 896 2,056 2,223 1,912 6,340 - 14,762 Non-accrual loans 5,833 137 8,107 4,823 2,859 7,257 195 29,211 Current loans 460,118 307,246 917,950 768,506 451,886 828,095 150,034 3,883,835 Total loans $ 467,286 $ 308,279 $ 928,113 $ 775,552 $ 456,657 $ 841,692 $ 150,229 $ 3,927,808
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 Three Months Ended March 31, 2017 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 $ 244 $ - $ - $ - $ - $ 244 Restructured non-accruing - - - - - - Balance $ 244 $ - $ - $ - $ - $ 244 Specific allowance $ - $ - $ - $ - $ - $ - Restructured and subsequently defaulted $ - $ - $ - $ - $ - $ - For the Year Ended December 31, 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 $ - $ - $ 508 $ - $ 550 Restructured non-accruing - - - - - - Balance $ 42 $ - $ - $ 508 $ - $ 550 Specific allowance $ 39 $ - $ - $ - $ - $ 39 Restructured and subsequently defaulted $ - $ - $ 479 $ - $ - $ 479
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: March 31, 2017 Commercial Real Estate Commercial Commercial Commercial Owner (In thousands) Commercial AD&C Investor R/E Occupied R/E Total Pass $ 439,936 $ 309,213 $ 968,724 $ 757,890 $ 2,475,763 Special Mention 3,705 - 2,373 6,510 12,588 Substandard 13,575 137 8,313 8,043 30,068 Doubtful - - - - - Total $ 457,216 $ 309,350 $ 979,410 $ 772,443 $ 2,518,419 December 31, 2016 Commercial Real Estate Commercial Commercial Commercial Owner (In thousands) Commercial AD&C Investor R/E Occupied R/E Total Pass $ 442,725 $ 308,142 $ 917,255 $ 758,651 $ 2,426,773 Special Mention 10,010 - 2,395 9,255 21,660 Substandard 14,551 137 8,463 7,646 30,797 Doubtful - - - - - Total $ 467,286 $ 308,279 $ 928,113 $ 775,552 $ 2,479,230
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: March 31, 2017 Residential Real Estate Residential Residential (In thousands) Consumer Mortgage Construction Total Performing $ 452,420 $ 841,118 $ 170,096 $ 1,463,634 Non-performing: 90 days past due - 232 - 232 Non-accruing 3,058 6,908 189 10,155 Restructured loans - 556 - 556 Total $ 455,478 $ 848,814 $ 170,285 $ 1,474,577 December 31, 2016 Residential Real Estate Residential Residential (In thousands) Consumer Mortgage Construction Total Performing $ 453,798 $ 833,643 $ 150,034 $ 1,437,475 Non-performing: 90 days past due - 232 - 232 Non-accruing 2,859 7,257 195 10,311 Restructured loans - 560 - 560 Total $ 456,657 $ 841,692 $ 150,229 $ 1,448,578

GOODWILL AND OTHER INTANGIBLE28

GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)	3 Months Ended
	Mar. 31, 2017
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: March 31, 2017 Weighted December 31, 2016 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 $ 786 $ (132) $ 654 13.6 years $ 786 $ (106) $ 680 13.8 years Total amortizing intangible assets $ 786 $ (132) $ 654 $ 786 $ (106) $ 680 Goodwill $ 85,768 $ 85,768 $ 85,768 $ 85,768
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 2017 $ 75 2018 95 2019 83 2020 66 Thereafter 335 Total amortizing intangible assets $ 654

DEPOSITS (Tables)

DEPOSITS (Tables)	3 Months Ended
	Mar. 31, 2017
Deposits [Abstract]
Composition of Deposits	The following table presents the composition of deposits at the dates indicated: (In thousands) March 31, 2017 December 31, 2016 Noninterest-bearing deposits $ 1,234,505 $ 1,138,139 Interest-bearing deposits: Demand 616,928 615,058 Money market savings 1,014,064 927,837 Regular savings 324,492 310,471 Time deposits of less than $100,000 269,062 258,621 Time deposits of $100,000 or more 340,147 327,418 Total interest-bearing deposits 2,564,693 2,439,405 Total deposits $ 3,799,198 $ 3,577,544

SHARE BASED COMPENSATION (Table

SHARE BASED COMPENSATION (Tables)	3 Months Ended
	Mar. 31, 2017
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 bino mial option-pricing model. T he weighted-average assumptions for the periods shown are presented in the following tabl e: Three Months Ended March 31, 2017 2016 Dividend yield 2.45 % 3.48 % Weighted average expected volatility 40.27 % 41.54 % Weighted average risk-free interest rate 2.14 % 1.42 % Weighted average expected lives (in years) 5.67 5.71 Weighted average grant-date fair value $13.42 $7.75
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, 2017 108,503 $ 22.46 $ 1,902 Granted 12,941 $ 42.48 Exercised (17,362) $ 17.33 $ 427 Forfeited or expired (1,455) $ 26.60 Balance at March 31, 2017 102,627 $ 25.80 4.1 $ 1,584 Exercisable at March 31, 2017 51,309 $ 20.96 2.5 $ 1,028 Weighted average fair value of options granted during the year $ 13.42
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, 2017 212,646 $ 25.19 Granted 55,211 $ 42.48 Vested (11,765) $ 19.02 Forfeited (3,282) $ 25.00 Restricted stock at March 31, 2017 252,810 $ 29.26

PENSION, PROFIT SHARING, AND 31

PENSION, PROFIT SHARING, AND OTHER EMPLOYEE BENEFIT PLANS (Tables)	3 Months Ended
	Mar. 31, 2017
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 March 31, (In thousands) 2017 2016 Interest cost on projected benefit obligation $ 410 $ 411 Expected return on plan assets (496) (372) Recognized net actuarial loss 295 284 Net periodic benefit cost $ 209 $ 323

NET INCOME PER COMMON SHARE (Ta

NET INCOME PER COMMON SHARE (Tables)	3 Months Ended
	Mar. 31, 2017
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 March 31, (Dollars and amounts in thousands, except per share data) 2017 2016 Net income $ 15,112 $ 10,813 Basic: Basic weighted average EPS shares 24,119 23,975 Basic net income per share $ 0.63 $ 0.45 Diluted: Basic weighted average EPS shares 24,119 23,975 Dilutive common stock equivalents 40 248 Dilutive EPS shares 24,159 24,223 Diluted net income per share $ 0.63 $ 0.45 Anti-dilutive shares - 7

OTHER COMPREHENSIVE INCOME (L33

OTHER COMPREHENSIVE INCOME (LOSS) (Tables)	3 Months Ended
	Mar. 31, 2017
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, 2017 $ 1,642 $ (8,256) $ (6,614) Other comprehensive income before reclassification, net of tax 904 - 904 Reclassifications from accumulated other comprehensive income, net of tax (2) 178 176 Current period change in other comprehensive income, net of tax 902 178 1,080 Balance at March 31, 2017 $ 2,544 $ (8,078) $ (5,534) 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 6,423 - 6,423 Reclassifications from accumulated other comprehensive income, net of tax (1,064) 171 (893) Current period change in other comprehensive income, net of tax 5,359 171 5,530 Balance at March 31, 2016 $ 11,925 $ (7,692) $ 4,233
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: Three Months Ended March 31, (In thousands) 2017 2016 Unrealized gains/(losses) on investments available-for-sale Affected line item in the Statements of Income: Investment securities gains $ 2 $ 1,769 Income before taxes 2 1,769 Tax expense - 705 Net income $ 2 $ 1,064 Amortization of defined benefit pension plan items Affected line item in the Statements of Income: Recognized actuarial loss (1) $ (295) $ (284) Income before taxes (295) (284) Tax benefit (117) (113) Net income/(loss) $ (178) $ (171) (1) This amount is included in the computation of net periodic benefit cost, see Note 9

FAIR VALUE (Tables)

FAIR VALUE (Tables)	3 Months Ended
	Mar. 31, 2017
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: March 31, 2017 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 $ - $ 17,717 $ - $ 17,717 Investments available-for-sale: U.S. government agencies - 121,769 - 121,769 State and municipal - 334,488 - 334,488 Mortgage-backed - 346,262 - 346,262 Corporate debt - - 9,404 9,404 Trust preferred - - 950 950 Marketable equity securities - 1,223 - 1,223 Interest rate swap agreements - 926 - 926 Liabilities Interest rate swap agreements $ - $ (926) $ - $ (926) December 31, 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 $ - $ 13,222 $ - $ 13,222 Investments available-for-sale: U.S. government agencies - 121,790 - 121,790 State and municipal - 287,684 - 287,684 Mortgage-backed - 312,711 - 312,711 Corporate debt - - 9,134 9,134 Trust preferred - - 1,012 1,012 Marketable equity securities - 1,223 - 1,223 Interest rate swap agreements - 1,010 - 1,010 Liabilities Interest rate swap agreements $ - $ (1,010) $ - $ (1,010)
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, 2017 $ 10,146 Principal redemption (82) Total unrealized gains included in other comprehensive loss 290 Balance at March 31, 2017 $ 10,354
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: March 31, 2017 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 $ - $ - $ 9,078 $ 9,078 $ (11,170) Other real estate owned - - 1,294 1,294 (107) Total $ - $ - $ 10,372 $ 10,372 $ (11,277) December 31, 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 $ - $ - $ 8,981 $ 8,981 $ (10,600) Other real estate owned - - 1,911 1,911 (107) Total $ - $ - $ 10,892 $ 10,892 $ (10,707)
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 March 31, 2017 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 $ 41,611 $ 41,611 $ - $ 41,611 $ - Loans, net of allowance 3,949,135 3,998,985 - - 3,998,985 Other assets 93,922 93,922 - 93,922 - Financial Liabilities Time deposits $ 609,209 $ 607,589 $ - $ 607,589 $ - Securities sold under retail repurchase agreements and federal funds purchased 141,244 141,244 - 141,244 - Advances from FHLB 675,000 683,959 - 683,959 - Fair Value Measurements December 31, 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 $ 46,094 $ 46,094 $ - $ 46,094 $ - Loans, net of allowance 3,883,741 3,933,700 - - 3,933,700 Other assets 93,328 93,328 - 93,328 - Financial Liabilities Time deposits $ 586,039 $ 584,868 $ - $ 584,868 $ - Securities sold under retail repurchase agreements and federal funds purchased 125,119 125,119 - 125,119 - Advances from FHLB 790,000 800,756 - 800,756 - Subordinated debentures 30,000 29,985 - - 29,985

SEGMENT REPORTING (Tables)

SEGMENT REPORTING (Tables)	3 Months Ended
	Mar. 31, 2017
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 March 31, 2017 Community Investment Inter-Segment (In thousands) Banking Insurance Mgmt. Elimination Total Interest income $ 45,957 $ 1 $ 2 $ (2) $ 45,958 Interest expense 5,707 - - (2) 5,705 Provision for loan losses 194 - - - 194 Noninterest income 9,086 1,752 2,003 (209) 12,632 Noninterest expense 27,799 1,355 1,036 (209) 29,981 Income before income taxes 21,343 398 969 - 22,710 Income tax expense 7,060 161 377 - 7,598 Net income $ 14,283 $ 237 $ 592 $ - $ 15,112 Assets $ 5,202,560 $ 8,066 $ 14,577 $ (24,039) $ 5,201,164 Three Months Ended March 31, 2016 Community Investment Inter-Segment (In thousands) Banking Insurance Mgmt. Elimination Total Interest income $ 41,653 $ 1 $ 1 $ (2) $ 41,653 Interest expense 5,533 - - (2) 5,531 Provision for loan losses 1,236 - - - 1,236 Non-interest income 10,219 1,453 1,869 (178) 13,363 Non-interest expense 30,380 1,171 944 (178) 32,317 Income before income taxes 14,723 283 926 - 15,932 Income tax expense 4,644 114 361 - 5,119 Net income $ 10,079 $ 169 $ 565 $ - $ 10,813 Assets $ 4,719,759 $ 5,790 $ 12,088 $ (21,029) $ 4,716,608

INVESTMENTS (Additional Informa

INVESTMENTS (Additional Information) (Detail) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2017	Dec. 31, 2016
Investment [Line Items]
Investments available-for-sale book value	$ 468.2	$ 453
Non Credit Portion Of Other Than Temporary Impairments Recognized In Other Comprehensive Income	0
Banks And Financial Institutions [Member]
Investment [Line Items]
Trust Preferred Securities Fair Value	0.9
Trust Preferred Securities	0.9
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	119.9
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	$ 226.4

INVESTMENTS (Amortized Cost and

INVESTMENTS (Amortized Cost and Estimated Fair Values of Investments Available-for-sale) (Detail) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Schedule Of Available For Sale Securities [Line Items]
Amortized Cost	$ 809,887	$ 730,845
Gross Unrealized Gains	11,331	10,097
Gross Unrealized Losses	(7,122)	(7,388)
Estimated Fair Value	814,096	733,554
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	808,664	729,622
Gross Unrealized Gains	11,331	10,097
Gross Unrealized Losses	(7,122)	(7,388)
Estimated Fair Value	812,873	732,331
Debt Securities | U.S. Government Agencies
Schedule Of Available For Sale Securities [Line Items]
Amortized Cost	124,316	124,314
Gross Unrealized Gains	0	32
Gross Unrealized Losses	(2,547)	(2,556)
Estimated Fair Value	121,769	121,790
Debt Securities | State and municipal
Schedule Of Available For Sale Securities [Line Items]
Amortized Cost	326,743	281,090
Gross Unrealized Gains	8,207	7,180
Gross Unrealized Losses	(462)	(586)
Estimated Fair Value	334,488	287,684
Debt Securities | Mortgage-Backed
Schedule Of Available For Sale Securities [Line Items]
Amortized Cost	347,574	314,029
Gross Unrealized Gains	2,801	2,851
Gross Unrealized Losses	(4,113)	(4,169)
Estimated Fair Value	346,262	312,711
Debt Securities | Corporate Debt
Schedule Of Available For Sale Securities [Line Items]
Amortized Cost	9,100	9,100
Gross Unrealized Gains	304	34
Gross Unrealized Losses	0	0
Estimated Fair Value	9,404	9,134
Debt Securities | Trust Preferred
Schedule Of Available For Sale Securities [Line Items]
Amortized Cost	931	1,089
Gross Unrealized Gains	19	0
Gross Unrealized Losses	0	(77)
Estimated Fair Value	$ 950	$ 1,012

INVESTMENTS (Activity of OTTI o

INVESTMENTS (Activity of OTTI on Investment Securities Due to Credit Losses Recognized in Earnings) (Detail) $ in Thousands	3 Months Ended
	Mar. 31, 2017USD ($)
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	Mar. 31, 2017USD ($)Securities	Dec. 31, 2016USD ($)Securities
Schedule Of Available For Sale Securities [Line Items]
Number of Securities | Securities	109	103
Fair Value	$ 392,056	$ 358,654
Less than 12 months	6,838	7,043
More than 12 months	284	345
Total Unrealized Losses	$ 7,122	$ 7,388
Us Government Agencies Debt Securities [Member]
Schedule Of Available For Sale Securities [Line Items]
Number of Securities | Securities	14	12
Fair Value	$ 111,769	$ 96,788
Less than 12 months	2,547	2,556
More than 12 months	0	0
Total Unrealized Losses	$ 2,547	$ 2,556
U S States and Political Subdivisions [Member]
Schedule Of Available For Sale Securities [Line Items]
Number of Securities | Securities	57	53
Fair Value	$ 57,432	$ 48,010
Less than 12 months	388	516
More than 12 months	74	70
Total Unrealized Losses	$ 462	$ 586
Mortgage Backed Securities [Member]
Schedule Of Available For Sale Securities [Line Items]
Number of Securities | Securities	38	37
Fair Value	$ 222,855	$ 212,844
Less than 12 months	3,903	3,971
More than 12 months	210	198
Total Unrealized Losses	$ 4,113	$ 4,169
Trust Preferred Securities [Member]
Schedule Of Available For Sale Securities [Line Items]
Number of Securities | Securities		1
Fair Value		$ 1,012
Less than 12 months		0
More than 12 months		77
Total Unrealized Losses		$ 77

INVESTMENTS (Amortized Cost a40

INVESTMENTS (Amortized Cost and Estimated Fair Values of investment securities Available-For-Sale by Contractual Maturity) (Detail) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Amortized Cost
Due in one year or less	$ 5,310	$ 7,493
Due after one year through five years	162,299	156,953
Due after five years through ten years	289,294	282,468
Due after ten years	351,761	282,708
Total debt securities available for sale	808,664	729,622
Estimated Fair Value
Due in one year or less	5,348	7,541
Due after one year through five years	168,435	162,233
Due after five years through ten years	289,884	282,713
Due after ten years	349,206	279,844
Estimated Fair Value	$ 812,873	$ 732,331

INVESTMENTS (Other Equity Secur

INVESTMENTS (Other Equity Securities) (Detail) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Other Securities Owned [Line Items]
Federal Reserve Bank stock	$ 8,352	$ 8,334
Total equity securities	41,611	46,094
Atlantic Central Bankers Bank Stock
Other Securities Owned [Line Items]
Federal Home Loan Bank of Atlanta stock	$ 33,259	$ 37,760

LOANS AND LEASES (Additional In

LOANS AND LEASES (Additional Information) (Detail) - USD ($) $ in Millions	Mar. 31, 2017	Dec. 31, 2016
Loans and Leases [Abstract]
Unearned income and deferred fees	$ 1.5	$ 1.4

LOANS AND LEASES (Loan Portfoli

LOANS AND LEASES (Loan Portfolio Segment Balances) (Detail) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	$ 3,992,996	$ 3,927,808
Commercial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	457,216	467,286
Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	455,478	456,657
Commercial Real Estate Portfolio Segment [Member] | Commercial Owner Occupied Real Estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	772,443	775,552
Commercial Real Estate Portfolio Segment [Member] | Commercial Investor Real Estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	979,410	928,113
Commercial Real Estate Portfolio Segment [Member] | Commercial Acquisition, Development and Construction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	309,350	308,279
Residential Portfolio Segment [Member] | Residential Mortgage
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	848,814	841,692
Residential Portfolio Segment [Member] | Residential Construction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	$ 170,285	$ 150,229

CREDIT QUALITY ASSESSMENT (Addi

CREDIT QUALITY ASSESSMENT (Additional Information) (Detail) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2017	Dec. 31, 2016
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing Receivable Troubled Debt Restructurings Restructured Accruing	$ 200	$ 600
Other real estate owned	$ 1,294	$ 1,911

CREDIT QUALITY ASSESSMENT (Summ

CREDIT QUALITY ASSESSMENT (Summary Information on Allowance for Loan and Lease Loss Activity) (Detail) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Dec. 31, 2016
Credit Quality Assessment [Abstract]
Balance at beginning of year	$ 44,067	$ 40,895	$ 40,895
Provision (credit) for loan losses	194	1,236	5,546
Loan and lease charge-offs	(482)	(511)	(3,134)
Loan and lease recoveries	82	146	760
Net charge-offs	(400)	(365)	(2,374)
Balance at period end	$ 43,861	$ 41,766	$ 44,067

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		12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Dec. 31, 2016
Financing Receivable Allowance For Credit Losses [Line Items]
Balance at beginning of year	$ 44,067	$ 40,895	$ 40,895
Provision (credit)	194	1,236	5,546
Charge-offs	(482)	(511)	(3,134)
Recoveries	82	146	760
Net charge-offs	(400)	(365)	(2,374)
Balance at period end	43,861	41,766	44,067
Total loans and leases	$ 3,992,996		$ 3,927,808
Allowance for loans and leases to total loans and leases ratio	1.10%		1.12%
Balance of loans specifically evaluated for impairment	$ 23,878		$ 24,092
Allowance for loans specifically evaluated for impairment	$ 5,318		$ 4,825
Specific allowance to specific loans ratio	22.27%		20.03%
Balance of loans collectively evaluated	$ 3,969,118		$ 3,903,716
Allowance for loans collectively evaluated	$ 38,543		$ 39,242
Collective allowance to collective loans ratio	0.97%		1.01%
Commercial
Financing Receivable Allowance For Credit Losses [Line Items]
Balance at beginning of year	$ 7,539	6,529	$ 6,529
Provision (credit)	400		1,563
Charge-offs	(289)		(597)
Recoveries	29		44
Net charge-offs	(260)		(553)
Balance at period end	7,679		7,539
Total loans and leases	$ 457,216		$ 467,286
Allowance for loans and leases to total loans and leases ratio	1.68%		1.61%
Balance of loans specifically evaluated for impairment	$ 7,012		$ 7,018
Allowance for loans specifically evaluated for impairment	$ 3,014		$ 2,604
Specific allowance to specific loans ratio	42.98%		37.10%
Balance of loans collectively evaluated	$ 450,204		$ 460,268
Allowance for loans collectively evaluated	$ 4,665		$ 4,935
Collective allowance to collective loans ratio	1.04%		1.07%
Consumer
Financing Receivable Allowance For Credit Losses [Line Items]
Balance at beginning of year	$ 2,828	3,456	$ 3,456
Provision (credit)	365		112
Charge-offs	(191)		(888)
Recoveries	24		148
Net charge-offs	(167)		(740)
Balance at period end	3,026		2,828
Total loans and leases	$ 455,478		$ 456,657
Allowance for loans and leases to total loans and leases ratio	0.66%		0.62%
Balance of loans collectively evaluated	$ 455,478		$ 456,657
Allowance for loans collectively evaluated	$ 3,026		$ 2,828
Collective allowance to collective loans ratio	0.66%		0.62%
Commercial Real Estate Portfolio Segment | Commercial Acquisition, Development and Construction
Financing Receivable Allowance For Credit Losses [Line Items]
Balance at beginning of year	$ 4,652	4,691	$ 4,691
Provision (credit)	(433)		(31)
Charge-offs	0		(48)
Recoveries	0		40
Net charge-offs	0		(8)
Balance at period end	4,219		4,652
Total loans and leases	$ 309,350		$ 308,279
Allowance for loans and leases to total loans and leases ratio	1.36%		1.51%
Balance of loans specifically evaluated for impairment	$ 137		$ 137
Allowance for loans specifically evaluated for impairment	$ 0		$ 0
Specific allowance to specific loans ratio	0.00%		0.00%
Balance of loans collectively evaluated	$ 309,213		$ 308,142
Allowance for loans collectively evaluated	$ 4,219		$ 4,652
Collective allowance to collective loans ratio	1.36%		1.51%
Commercial Real Estate Portfolio Segment | Commercial Investor Real Estate
Financing Receivable Allowance For Credit Losses [Line Items]
Balance at beginning of year	$ 12,939	10,440	$ 10,440
Provision (credit)	(42)		2,563
Charge-offs	0		(197)
Recoveries	5		133
Net charge-offs	5		(64)
Balance at period end	12,902		12,939
Total loans and leases	$ 979,410		$ 928,113
Allowance for loans and leases to total loans and leases ratio	1.32%		1.39%
Balance of loans specifically evaluated for impairment	$ 7,970		$ 8,107
Allowance for loans specifically evaluated for impairment	$ 1,736		$ 1,736
Specific allowance to specific loans ratio	21.78%		21.41%
Balance of loans collectively evaluated	$ 971,440		$ 920,006
Allowance for loans collectively evaluated	$ 11,166		$ 11,203
Collective allowance to collective loans ratio	1.15%		1.22%
Commercial Real Estate Portfolio Segment | Commercial Owner Occupied Real Estate
Financing Receivable Allowance For Credit Losses [Line Items]
Balance at beginning of year	$ 7,885	7,984	$ 7,984
Provision (credit)	(805)		(104)
Charge-offs	0		0
Recoveries	0		5
Net charge-offs	0		5
Balance at period end	7,080		7,885
Total loans and leases	$ 772,443		$ 775,552
Allowance for loans and leases to total loans and leases ratio	0.92%		1.02%
Balance of loans specifically evaluated for impairment	$ 5,849		$ 5,567
Allowance for loans specifically evaluated for impairment	$ 568		$ 485
Specific allowance to specific loans ratio	9.71%		8.71%
Balance of loans collectively evaluated	$ 766,594		$ 769,985
Allowance for loans collectively evaluated	$ 6,512		$ 7,400
Collective allowance to collective loans ratio	0.85%		0.96%
Residential Real Estate Portfolio Segment | Residential Mortgage
Financing Receivable Allowance For Credit Losses [Line Items]
Balance at beginning of year	$ 7,261	6,901	$ 6,901
Provision (credit)	529		1,406
Charge-offs	(2)		(1,404)
Recoveries	18		358
Net charge-offs	16		(1,046)
Balance at period end	7,806		7,261
Total loans and leases	$ 848,814		$ 841,692
Allowance for loans and leases to total loans and leases ratio	0.92%		0.86%
Balance of loans specifically evaluated for impairment	$ 2,910		$ 3,263
Allowance for loans specifically evaluated for impairment	0		0
Balance of loans collectively evaluated	845,904		838,429
Allowance for loans collectively evaluated	$ 7,806		$ 7,261
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	$ 963	$ 894	$ 894
Provision (credit)	180		37
Charge-offs	0		0
Recoveries	6		32
Net charge-offs	6		32
Balance at period end	1,149		963
Total loans and leases	$ 170,285		$ 150,229
Allowance for loans and leases to total loans and leases ratio	0.67%		0.64%
Balance of loans specifically evaluated for impairment	$ 0		$ 0
Allowance for loans specifically evaluated for impairment	0		0
Balance of loans collectively evaluated	170,285		150,229
Allowance for loans collectively evaluated	$ 1,149		$ 963
Collective allowance to collective loans ratio	0.67%		0.64%

CREDIT QUALITY ASSESSMENT (Su47

CREDIT QUALITY ASSESSMENT (Summary of Impaired Loans) (Detail) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2017	Dec. 31, 2016
Credit Quality Assessment [Abstract]
Impaired loans with a specific allowance	$ 14,189	$ 13,563
Impaired loans without a specific allowance	9,689	10,529
Total impaired loans	23,878	24,092
Allowance for loan and lease losses related to impaired loans	5,318	4,825
Allowance for loan and lease losses related to loans collectively evaluated	38,543	39,242
Total allowance for loan and lease losses	43,861	44,067
Average impaired loans for the period	23,985	26,382
Contractual interest income due on impaired loans during the period	625	2,082
Interest income on impaired loans recognized on a cash basis	281	511
Interest income on impaired loans recognized on an accrual basis	$ 70	$ 186

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	Mar. 31, 2017	Dec. 31, 2016
Financing Receivable Impaired [Line Items]
Impaired loans with a specific allowance	$ 14,189	$ 13,563
Impaired loans without a specific allowance	9,689	10,529
Impaired loans	23,878	24,092
Impaired Financing Receivable, Related Allowance	5,318	4,825
Unpaid principal balance in total impaired loans	36,697	39,016
Accrual Loans
Financing Receivable Impaired [Line Items]
Impaired loans with a specific allowance	1,053
Impaired loans	1,053
Non Accrual Loans
Financing Receivable Impaired [Line Items]
Impaired loans with a specific allowance	11,664	11,720
Impaired loans without a specific allowance	3,099	3,207
Impaired loans	14,763	14,927
Restructuring | Accrual Loans
Financing Receivable Impaired [Line Items]
Impaired loans with a specific allowance	825	1,140
Impaired loans without a specific allowance	1,584	1,349
Impaired loans	2,409	2,489
Restructuring | Non Accrual Loans
Financing Receivable Impaired [Line Items]
Impaired loans with a specific allowance	647	703
Impaired loans without a specific allowance	5,006	5,973
Impaired loans	5,653	6,676
Commercial
Financing Receivable Impaired [Line Items]
Impaired loans with a specific allowance	4,356	4,011
Impaired loans without a specific allowance	2,656	3,007
Impaired loans	7,012	7,018
Impaired Financing Receivable, Related Allowance	3,014	2,604
Unpaid principal balance in total impaired loans	7,863	10,082
Commercial | Accrual Loans
Financing Receivable Impaired [Line Items]
Impaired loans with a specific allowance	1,053
Impaired loans	1,053
Commercial | Non Accrual Loans
Financing Receivable Impaired [Line Items]
Impaired loans with a specific allowance	2,470	2,807
Impaired loans without a specific allowance	1,552	1,562
Impaired loans	4,022	4,369
Commercial | Restructuring | Accrual Loans
Financing Receivable Impaired [Line Items]
Impaired loans with a specific allowance	825	1,140
Impaired loans without a specific allowance	285	45
Impaired loans	1,110	1,185
Commercial | Restructuring | Non Accrual Loans
Financing Receivable Impaired [Line Items]
Impaired loans with a specific allowance	8	64
Impaired loans without a specific allowance	819	1,400
Impaired loans	827	1,464
All Other
Financing Receivable Impaired [Line Items]
Impaired loans with a specific allowance	0	0
Impaired loans without a specific allowance	2,910	3,263
Impaired loans	2,910	3,263
Impaired Financing Receivable, Related Allowance	0	0
Unpaid principal balance in total impaired loans	3,721	3,971
All Other | Accrual Loans
Financing Receivable Impaired [Line Items]
Impaired loans with a specific allowance	0
Impaired loans	0
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	0
Impaired loans	0	0
All Other | Restructuring | Accrual Loans
Financing Receivable Impaired [Line Items]
Impaired loans with a specific allowance	0	0
Impaired loans without a specific allowance	556	560
Impaired loans	556	560
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	2,354	2,703
Impaired loans	2,354	2,703
Commercial Real Estate Portfolio Segment | Commercial Acquisition, Development and Construction
Financing Receivable Impaired [Line Items]
Impaired loans with a specific allowance	0	0
Impaired loans without a specific allowance	137	137
Impaired loans	137	137
Impaired Financing Receivable, Related Allowance	0	0
Unpaid principal balance in total impaired loans	4,398	4,398
Commercial Real Estate Portfolio Segment | Commercial Acquisition, Development and Construction | Accrual Loans
Financing Receivable Impaired [Line Items]
Impaired loans with a specific allowance	0
Impaired loans	0
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	0
Impaired loans without a specific allowance	0	0
Impaired loans	0	0
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	137
Impaired loans	137	137
Commercial Real Estate Portfolio Segment | Commercial Investor Real Estate
Financing Receivable Impaired [Line Items]
Impaired loans with a specific allowance	7,030	7,029
Impaired loans without a specific allowance	940	1,078
Impaired loans	7,970	8,107
Impaired Financing Receivable, Related Allowance	1,736	1,736
Unpaid principal balance in total impaired loans	12,661	12,805
Commercial Real Estate Portfolio Segment | Commercial Investor Real Estate | Accrual Loans
Financing Receivable Impaired [Line Items]
Impaired loans with a specific allowance	0
Impaired loans	0
Commercial Real Estate Portfolio Segment | Commercial Investor Real Estate | Non Accrual Loans
Financing Receivable Impaired [Line Items]
Impaired loans with a specific allowance	7,030	7,029
Impaired loans without a specific allowance	430	562
Impaired loans	7,460	7,591
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	0	0
Impaired loans	0	0
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	510	516
Impaired loans	510	516
Commercial Real Estate Portfolio Segment | Commercial Owner Occupied Real Estate
Financing Receivable Impaired [Line Items]
Impaired loans with a specific allowance	2,803	2,523
Impaired loans without a specific allowance	3,046	3,044
Impaired loans	5,849	5,567
Impaired Financing Receivable, Related Allowance	568	485
Unpaid principal balance in total impaired loans	8,054	7,760
Commercial Real Estate Portfolio Segment | Commercial Owner Occupied Real Estate | Accrual Loans
Financing Receivable Impaired [Line Items]
Impaired loans with a specific allowance	0
Impaired loans	0
Commercial Real Estate Portfolio Segment | Commercial Owner Occupied Real Estate | Non Accrual Loans
Financing Receivable Impaired [Line Items]
Impaired loans with a specific allowance	2,164	1,884
Impaired loans without a specific allowance	1,117	1,083
Impaired loans	3,281	2,967
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	743	744
Impaired loans	743	744
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	639
Impaired loans without a specific allowance	1,186	1,217
Impaired loans	$ 1,825	$ 1,856

CREDIT QUALITY ASSESSMENT (Impa

CREDIT QUALITY ASSESSMENT (Impaired Loans by Portfolio) (Detail) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2017	Dec. 31, 2016
Financing Receivable Impaired [Line Items]
Average impaired loans for the period	$ 23,985	$ 26,382
Contractual interest income due on impaired loans during the period	625	2,082
Interest income on impaired loans recognized on a cash basis	281	511
Interest income on impaired loans recognized on an accrual basis	70	186
Commercial
Financing Receivable Impaired [Line Items]
Average impaired loans for the period	7,015	5,646
Contractual interest income due on impaired loans during the period	191	570
Interest income on impaired loans recognized on a cash basis	93	153
Interest income on impaired loans recognized on an accrual basis	51	107
All Other
Financing Receivable Impaired [Line Items]
Average impaired loans for the period	3,086	4,545
Contractual interest income due on impaired loans during the period	31	190
Interest income on impaired loans recognized on a cash basis	104	49
Interest income on impaired loans recognized on an accrual basis	10	42
Commercial Real Estate Portfolio Segment | Commercial Acquisition, Development and Construction
Financing Receivable Impaired [Line Items]
Average impaired loans for the period	137	150
Contractual interest income due on impaired loans during the period	77	294
Interest income on impaired loans recognized on a cash basis	0	0
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	8,039	9,480
Contractual interest income due on impaired loans during the period	176	718
Interest income on impaired loans recognized on a cash basis	10	43
Interest income on impaired loans recognized on an accrual basis	0	0
Commercial Real Estate Portfolio Segment | Commercial Owner Occupied Real Estate
Financing Receivable Impaired [Line Items]
Average impaired loans for the period	5,708	6,561
Contractual interest income due on impaired loans during the period	150	310
Interest income on impaired loans recognized on a cash basis	74	266
Interest income on impaired loans recognized on an accrual basis	$ 9	$ 37

CREDIT QUALITY ASSESSMENT (Cred

CREDIT QUALITY ASSESSMENT (Credit Quality of Loan Portfolio by Segment) (Detail) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Financing Receivable Recorded Investment [Line Items]
Non-accrual loans and leases	$ 28,217	$ 29,211
Loans and leases 90 days past due	232	232
Restructured loans and leases	2,409	2,489
Total non-performing loans and leases	30,858	31,932
Other real estate owned	1,294	1,911
Total non-performing assets	32,152	33,843
Commercial
Financing Receivable Recorded Investment [Line Items]
Non-accrual loans and leases	4,849	5,833
Loans and leases 90 days past due	0	0
Restructured loans and leases	1,110	1,185
Total non-performing loans and leases	5,959	7,018
Other real estate owned	39	39
Total non-performing assets	5,998	7,057
Consumer
Financing Receivable Recorded Investment [Line Items]
Non-accrual loans and leases	3,058	2,859
Loans and leases 90 days past due	0	0
Restructured loans and leases	0	0
Total non-performing loans and leases	3,058	2,859
Other real estate owned	0	0
Total non-performing assets	3,058	2,859
Commercial Real Estate Portfolio Segment | Commercial Acquisition, Development and Construction
Financing Receivable Recorded Investment [Line Items]
Non-accrual loans and leases	137	137
Loans and leases 90 days past due	0	0
Restructured loans and leases	0	0
Total non-performing loans and leases	137	137
Other real estate owned	365	365
Total non-performing assets	502	502
Commercial Real Estate Portfolio Segment | Commercial Investor Real Estate
Financing Receivable Recorded Investment [Line Items]
Non-accrual loans and leases	7,970	8,107
Loans and leases 90 days past due	0	0
Restructured loans and leases	0	0
Total non-performing loans and leases	7,970	8,107
Other real estate owned	395	395
Total non-performing assets	8,365	8,502
Commercial Real Estate Portfolio Segment | Commercial Owner Occupied Real Estate
Financing Receivable Recorded Investment [Line Items]
Non-accrual loans and leases	5,106	4,823
Loans and leases 90 days past due	0	0
Restructured loans and leases	743	744
Total non-performing loans and leases	5,849	5,567
Other real estate owned	0	637
Total non-performing assets	5,849	6,204
Residential Real Estate Portfolio Segment | Residential Mortgage
Financing Receivable Recorded Investment [Line Items]
Non-accrual loans and leases	6,908	7,257
Loans and leases 90 days past due	232	232
Restructured loans and leases	556	560
Total non-performing loans and leases	7,696	8,049
Other real estate owned	495	475
Total non-performing assets	8,191	8,524
Residential Real Estate Portfolio Segment | Residential Construction
Financing Receivable Recorded Investment [Line Items]
Non-accrual loans and leases	189	195
Loans and leases 90 days past due	0	0
Restructured loans and leases	0	0
Total non-performing loans and leases	189	195
Other real estate owned	0	0
Total non-performing assets	$ 189	$ 195

CREDIT QUALITY ASSESSMENT (Cr51

CREDIT QUALITY ASSESSMENT (Credit Quality of Loan Portfolio) (Detail) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due	$ 13,508	$ 14,762
Non-accrual loans and leases	28,217	29,211
Current loans	3,951,271	3,883,835
Total loans and leases	3,992,996	3,927,808
Commercial
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due	5,742	1,335
Non-accrual loans and leases	4,849	5,833
Current loans	446,625	460,118
Total loans and leases	457,216	467,286
Consumer
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due	994	1,912
Non-accrual loans and leases	3,058	2,859
Current loans	451,426	451,886
Total loans and leases	455,478	456,657
Commercial Real Estate Portfolio Segment | Commercial Acquisition, Development and Construction
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due	0	896
Non-accrual loans and leases	137	137
Current loans	309,213	307,246
Total loans and leases	309,350	308,279
Commercial Real Estate Portfolio Segment | Commercial Investor Real Estate
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due	0	2,056
Non-accrual loans and leases	7,970	8,107
Current loans	971,440	917,950
Total loans and leases	979,410	928,113
Commercial Real Estate Portfolio Segment | Commercial Owner Occupied Real Estate
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due	520	2,223
Non-accrual loans and leases	5,106	4,823
Current loans	766,817	768,506
Total loans and leases	772,443	775,552
Residential Real Estate Portfolio Segment | Residential Mortgage
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due	6,252	6,340
Non-accrual loans and leases	6,908	7,257
Current loans	835,654	828,095
Total loans and leases	848,814	841,692
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	189	195
Current loans	170,096	150,034
Total loans and leases	170,285	150,229
31-60 days
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due	11,725	8,665
31-60 days | Commercial
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due	5,140	663
31-60 days | Consumer
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due	586	808
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	896
31-60 days | Commercial Real Estate Portfolio Segment | Commercial Investor Real Estate
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due	0	850
31-60 days | Commercial Real Estate Portfolio Segment | Commercial Owner Occupied Real Estate
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due	252	1,479
31-60 days | Residential Real Estate Portfolio Segment | Residential Mortgage
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due	5,747	3,969
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	1,551	5,865
61-90 days | Commercial
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due	602	672
61-90 days | Consumer
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due	408	1,104
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	1,206
61-90 days | Commercial Real Estate Portfolio Segment | Commercial Owner Occupied Real Estate
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due	268	744
61-90 days | Residential Real Estate Portfolio Segment | Residential Mortgage
Financing Receivable Recorded Investment Past Due [Line Items]
Total past due	273	2,139
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	232	232
> 90 days | Commercial
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	0	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	232	232
> 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 (Cr52

CREDIT QUALITY ASSESSMENT (Credit Risk Rating Indicators for Each Segment of Commercial Loan Portfolio) (Detail) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Financing Receivable Recorded Investment [Line Items]
Total loans	$ 3,992,996	$ 3,927,808
Commercial
Financing Receivable Recorded Investment [Line Items]
Total loans	457,216	467,286
Commercial Portfolio Segment [Member]
Financing Receivable Recorded Investment [Line Items]
Total loans	2,518,419	2,479,230
Commercial Portfolio Segment [Member] | Commercial
Financing Receivable Recorded Investment [Line Items]
Total loans	457,216	467,286
Commercial Portfolio Segment [Member] | Commercial Acquisition, Development and Construction
Financing Receivable Recorded Investment [Line Items]
Total loans	309,350	308,279
Commercial Portfolio Segment [Member] | Commercial Investor Real Estate
Financing Receivable Recorded Investment [Line Items]
Total loans	979,410	928,113
Commercial Portfolio Segment [Member] | Commercial Owner Occupied Real Estate
Financing Receivable Recorded Investment [Line Items]
Total loans	772,443	775,552
Commercial Portfolio Segment [Member] | Pass
Financing Receivable Recorded Investment [Line Items]
Total loans	2,475,763	2,426,773
Commercial Portfolio Segment [Member] | Pass | Commercial
Financing Receivable Recorded Investment [Line Items]
Total loans	439,936	442,725
Commercial Portfolio Segment [Member] | Pass | Commercial Acquisition, Development and Construction
Financing Receivable Recorded Investment [Line Items]
Total loans	309,213	308,142
Commercial Portfolio Segment [Member] | Pass | Commercial Investor Real Estate
Financing Receivable Recorded Investment [Line Items]
Total loans	968,724	917,255
Commercial Portfolio Segment [Member] | Pass | Commercial Owner Occupied Real Estate
Financing Receivable Recorded Investment [Line Items]
Total loans	757,890	758,651
Commercial Portfolio Segment [Member] | Special Mention
Financing Receivable Recorded Investment [Line Items]
Total loans	12,588	21,660
Commercial Portfolio Segment [Member] | Special Mention | Commercial
Financing Receivable Recorded Investment [Line Items]
Total loans	3,705	10,010
Commercial Portfolio Segment [Member] | Special Mention | Commercial Acquisition, Development and Construction
Financing Receivable Recorded Investment [Line Items]
Total loans	0	0
Commercial Portfolio Segment [Member] | Special Mention | Commercial Investor Real Estate
Financing Receivable Recorded Investment [Line Items]
Total loans	2,373	2,395
Commercial Portfolio Segment [Member] | Special Mention | Commercial Owner Occupied Real Estate
Financing Receivable Recorded Investment [Line Items]
Total loans	6,510	9,255
Commercial Portfolio Segment [Member] | Substandard
Financing Receivable Recorded Investment [Line Items]
Total loans	30,068	30,797
Commercial Portfolio Segment [Member] | Substandard | Commercial
Financing Receivable Recorded Investment [Line Items]
Total loans	13,575	14,551
Commercial Portfolio Segment [Member] | Substandard | Commercial Acquisition, Development and Construction
Financing Receivable Recorded Investment [Line Items]
Total loans	137	137
Commercial Portfolio Segment [Member] | Substandard | Commercial Investor Real Estate
Financing Receivable Recorded Investment [Line Items]
Total loans	8,313	8,463
Commercial Portfolio Segment [Member] | Substandard | Commercial Owner Occupied Real Estate
Financing Receivable Recorded Investment [Line Items]
Total loans	8,043	7,646
Commercial Portfolio Segment [Member] | Doubtful
Financing Receivable Recorded Investment [Line Items]
Total loans	0	0
Commercial Portfolio Segment [Member] | Doubtful | Commercial
Financing Receivable Recorded Investment [Line Items]
Total loans	0	0
Commercial Portfolio Segment [Member] | Doubtful | Commercial Acquisition, Development and Construction
Financing Receivable Recorded Investment [Line Items]
Total loans	0	0
Commercial Portfolio Segment [Member] | Doubtful | Commercial Investor Real Estate
Financing Receivable Recorded Investment [Line Items]
Total loans	0	0
Commercial Portfolio Segment [Member] | Doubtful | Commercial Owner Occupied Real Estate
Financing Receivable Recorded Investment [Line Items]
Total loans	0	0
Commercial Real Estate Portfolio Segment | Commercial Acquisition, Development and Construction
Financing Receivable Recorded Investment [Line Items]
Total loans	309,350	308,279
Commercial Real Estate Portfolio Segment | Commercial Investor Real Estate
Financing Receivable Recorded Investment [Line Items]
Total loans	979,410	928,113
Commercial Real Estate Portfolio Segment | Commercial Owner Occupied Real Estate
Financing Receivable Recorded Investment [Line Items]
Total loans	$ 772,443	$ 775,552

CREDIT QUALITY ASSESSMENT (Info

CREDIT QUALITY ASSESSMENT (Information by Credit Risk Rating Indicators for Those Remaining Segments of Loan Portfolio) (Detail) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Financing Receivable Recorded Investment [Line Items]
Total loans and leases	$ 3,992,996	$ 3,927,808
Consumer
Financing Receivable Recorded Investment [Line Items]
Total loans and leases	455,478	456,657
Residential Real Estate Portfolio Segment | Residential Mortgage
Financing Receivable Recorded Investment [Line Items]
Total loans and leases	848,814	841,692
Residential Real Estate Portfolio Segment | Residential Construction
Financing Receivable Recorded Investment [Line Items]
Total loans and leases	170,285	150,229
Homogeneous Loan Pools
Financing Receivable Recorded Investment [Line Items]
Total loans and leases	1,474,577	1,448,578
Homogeneous Loan Pools | Consumer
Financing Receivable Recorded Investment [Line Items]
Total loans and leases	455,478	456,657
Homogeneous Loan Pools | Residential Real Estate Portfolio Segment | Residential Mortgage
Financing Receivable Recorded Investment [Line Items]
Total loans and leases	848,814	841,692
Homogeneous Loan Pools | Residential Real Estate Portfolio Segment | Residential Construction
Financing Receivable Recorded Investment [Line Items]
Total loans and leases	170,285	150,229
Homogeneous Loan Pools | Performing Financing Receivable
Financing Receivable Recorded Investment [Line Items]
Total loans and leases	1,463,634	1,437,475
Homogeneous Loan Pools | Performing Financing Receivable | Consumer
Financing Receivable Recorded Investment [Line Items]
Total loans and leases	452,420	453,798
Homogeneous Loan Pools | Performing Financing Receivable | Residential Real Estate Portfolio Segment | Residential Mortgage
Financing Receivable Recorded Investment [Line Items]
Total loans and leases	841,118	833,643
Homogeneous Loan Pools | Performing Financing Receivable | Residential Real Estate Portfolio Segment | Residential Construction
Financing Receivable Recorded Investment [Line Items]
Total loans and leases	170,096	150,034
Homogeneous Loan Pools | Nonperforming Financing Receivable | Loans 90 Days Or More Past Due
Financing Receivable Recorded Investment [Line Items]
Total loans and leases	232	232
Homogeneous Loan Pools | Nonperforming Financing Receivable | Non Accrual Loans
Financing Receivable Recorded Investment [Line Items]
Total loans and leases	10,155	10,311
Homogeneous Loan Pools | Nonperforming Financing Receivable | Restructured Loans
Financing Receivable Recorded Investment [Line Items]
Total loans and leases	556	560
Homogeneous Loan Pools | Nonperforming Financing Receivable | Consumer | 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 | Consumer | Non Accrual Loans
Financing Receivable Recorded Investment [Line Items]
Total loans and leases	3,058	2,859
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	232	232
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	6,908	7,257
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	556	560
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	189	195
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 ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2017	Dec. 31, 2016
Financing Receivable Modifications [Line Items]
Restructured accruing	$ 200	$ 600
Troubled Debt Restructuring
Financing Receivable Modifications [Line Items]
Restructured accruing	244	550
Restructured non-accruing	0	0
Balance	244	550
Specific allowance	0	39
Restructured and subsequently defaulted	0	479
Troubled Debt Restructuring | Commercial
Financing Receivable Modifications [Line Items]
Restructured accruing	244	42
Restructured non-accruing	0	0
Balance	244	42
Specific allowance	0	39
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	479
Commercial Portfolio Segment | Troubled Debt Restructuring | Commercial Owner Occupied Real Estate
Financing Receivable Modifications [Line Items]
Restructured accruing	0	508
Restructured non-accruing	0	0
Balance	0	508
Specific allowance	0	0
Restructured and subsequently defaulted	$ 0	$ 0

GOODWILL AND OTHER INTANGIBLE55

GOODWILL AND OTHER INTANGIBLE ASSETS (Gross Carrying Amouns and Accumulated Amortization of Intangible Assets and Goodwill) (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2017	Dec. 31, 2016
Finite Lived Intangible Assets [Line Items]
Gross Carrying Amount	$ 786	$ 786
Accumulated Amortization	(132)	(106)
Net Carrying Amount	654	680
Goodwill	85,768	85,768
Other Identifiable Intangible Assets
Finite Lived Intangible Assets [Line Items]
Gross Carrying Amount	786	786
Accumulated Amortization	(132)	(106)
Net Carrying Amount	$ 654	$ 680
Other Identifiable Intangible Assets | Weighted average [Member]
Finite Lived Intangible Assets [Line Items]
Finite-Lived Intangible Asset, Useful Life	13 years 7 months 6 days	13 years 9 months 18 days

GOODWILL AND OTHER INTANGIBLE56

GOODWILL AND OTHER INTANGIBLE ASSETS (Estimated Future Amortization Expense for Amortizing Intangibles) (Detail) $ in Thousands	Mar. 31, 2017USD ($)
Goodwill and Intangible Assets Disclosure [Abstract]
2,017	$ 75
2,018	95
2,019	83
2,020	66
Thereafter	335
Total amortizing intangible assets	$ 654

DEPOSITS (Composition of Deposi

DEPOSITS (Composition of Deposits) (Detail) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Disclosure Composition Of Deposits [Abstract]
Noninterest-bearing deposits	$ 1,234,505	$ 1,138,139
Interest-bearing deposits:
Demand	616,928	615,058
Money market savings	1,014,064	927,837
Regular savings	324,492	310,471
Time deposits of less than $100,000	269,062	258,621
Time deposits of $100,000 or more	340,147	327,418
Total interest-bearing deposits	2,564,693	2,439,405
Total deposits	$ 3,799,198	$ 3,577,544

STOCKHOLDERS EQUITY (Additional

STOCKHOLDERS EQUITY (Additional Information) (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2017	Dec. 31, 2016	Aug. 31, 2015
Stockholders Equity Note [Line Items]
Common Stock, Shares Authorized		50,000,000	50,000,000
Common Stock, Par or Stated Value Per Share		$ 1	$ 1
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
Treasury Stock Retired Cost Method Amount	$ 13,273

SHARE BASED COMPENSATION (Addit

SHARE BASED COMPENSATION (Additional Information) (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Exercise period	5 years 8 months 1 day	5 years 8 months 16 days
Options exercised intrinsic value	$ 427
Stock Options Granted, Net of Forfeitures	12,941
2015 Omnibus Incentive Plan
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Common stock, shares authorizes	1,500,000
Common stock, shares available for issuance	1,336,404
Term of share based compensation plan	10 years
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage	100.00%
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
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
Expected cost recognition weighted average period	2 years 4 months 24 days
Stock Options Vested, Fair Value
Stock Options Granted	12,941
Vesting period	3 years 6 months
2015 Omnibus Incentive Plan | Restricted Stock
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Unrecognized Compensation expense	$ 5,800
Expected cost recognition weighted average period	3 years 6 months
Stock Options Granted	55,211
2015 Omnibus Incentive Plan | Restricted Stock | 3 Year Vesting Period
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Stock Options Granted	6,479
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	41,709
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	6,873
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	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Share Based Compensation [Abstract]
Dividend yield	2.45%	3.48%
Weighted average expected volatility	40.27%	41.54%
Weighted average risk-free interest rate	2.14%	1.42%
Weighted average expected lives (in years)	5 years 8 months 1 day	5 years 8 months 16 days
Weighted average grant-date fair value	$ 13.42	$ 7.75

SHARE BASED COMPENSATION (Summa

SHARE BASED COMPENSATION (Summary of Share Option Activity) (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Number of Common Shares
Balance at January 1	108,503
Granted	12,941
Exercised	(17,362)	(21,694)
Forfeited or expired	(1,455)
Balance at December 31	102,627
Exercisable, Common Shares	51,309
Weighted Average Exercise Share Price
Balance at January 1	$ 22.46
Granted	42.48
Exercised	17.33
Forfeited or expired	26.6
Balance at December 31	25.8
Exercisable Weighted Average Exercise Price	20.96
Weighted average fair value of options granted during the year	$ 13.42	$ 7.75
Weighted Average Contractual Remaining Life(Years)
Balance at end of period	4 years 1 month 6 days
Exercisable at end of period	2 years 6 months
Balance at January 1	$ 1,902
Exercised	427
Balance at December 31	1,584
Exercisable, Intrinsic Value	$ 1,028

SHARE BASED COMPENSATION (Sum62

SHARE BASED COMPENSATION (Summary of Activity for Company's Restricted Stock) (Detail) - $ / shares	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Weighted Average Grant-Date Fair Value
Granted	$ 13.42	$ 7.75
Restricted Stock
Number of Shares
Restricted stock at January 1	212,646
Granted	55,211
Vested	(11,765)
Forfeited	(3,282)
Restricted stock at December 31	252,810
Weighted Average Grant-Date Fair Value
Restricted stock at January 1	$ 25.19
Granted	42.48
Vested	19.02
Forfeited	25
Restricted stock at December 31	$ 29.26

PENSION, PROFIT SHARING, AND 63

PENSION, PROFIT SHARING, AND OTHER EMPLOYEE BENEFIT PLANS (Net Periodic Benefit Cost) (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Pension, Profit Sharing, and Other Employee Benefit Plans [Abstract]
Interest cost on projected benefit obligation	$ 410	$ 411
Expected return on plan assets	(496)	(372)
Defined Benefit Plan Recognized net actuarial loss	295	284
Net periodic benefit cost	$ 209	$ 323

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
	Mar. 31, 2017	Mar. 31, 2016
Earnings Per Share [Abstract]
Net income	$ 15,112	$ 10,813
Basic:
Basic weighted average EPS shares	24,119	23,975
Basic net income per share	$ 0.63	$ 0.45
Diluted:
Basic weighted average EPS shares	24,119	23,975
Dilutive common stock equivalents	40	248
Dilutive EPS shares	24,159	24,223
Diluted net income per share	$ 0.63	$ 0.45
Anti-dilutive shares	0	7

OTHER COMPREHENSIVE INCOME (L65

OTHER COMPREHENSIVE INCOME (LOSS) (Net Accumulated Other Comprehensive Income (Loss)) (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance	$ (6,614)	$ (1,297)
Other comprehensive income before reclassification, net of tax	904	6,423
Reclassifications from accumulated other comprehensive income, net of tax	176	(893)
Total other comprehensive income (loss)	1,080	5,530
Ending Balance	(5,534)	4,233
Unrealized Gains (Losses) on Investments Available-for-Sale
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance	1,642	6,566
Other comprehensive income before reclassification, net of tax	904	6,423
Reclassifications from accumulated other comprehensive income, net of tax	(2)	(1,064)
Total other comprehensive income (loss)	902	5,359
Ending Balance	2,544	11,925
Defined Benefit Pension Plan
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance	(8,256)	(7,863)
Other comprehensive income before reclassification, net of tax	0	0
Reclassifications from accumulated other comprehensive income, net of tax	178	171
Total other comprehensive income (loss)	178	171
Ending Balance	$ (8,078)	$ (7,692)

OTHER COMPREHENSIVE INCOME (L66

OTHER COMPREHENSIVE INCOME (LOSS) (Reclassification Adjustments Out of Accumulated Other Comprehensive Income) (Detail) - USD ($) $ in Thousands		3 Months Ended
		Mar. 31, 2017	Mar. 31, 2016
Unrealized gains/(losses) on investments available-for-sale Affected line item in the Statements of Income:
Investment securities gains		$ 2	$ 1,769
Income before taxes		2	1,769
Tax expense		0	705
Net income		2	1,064
Amortization of defined benefit pension plan items Affected line item in the Statements of Income:
Recognized actuarial loss	[1]	(295)	(284)
Income before taxes		(295)	(284)
Tax expense		(117)	(113)
Net income		$ (178)	$ (171)
[1]	This amount is included in the computation of net periodic benefit cost, see Note 9.

FINANCIAL INSTRUMENTS WITH OF67

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	Mar. 31, 2017	Dec. 31, 2016
Derivative [Line Items]
Notional Amount	$ 18.6	$ 18.9
Estimated Fair Value	$ 0.9	$ 1

FAIR VALUE (Additional Informat

FAIR VALUE (Additional Information) (Detail) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Fair Value Disclosures [Abstract]
Impaired loans	$ 23,878	$ 24,092
Impaired loans fair value	18,600	19,300
Specific loan loss reserves	$ 5,300	$ 4,800

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	Mar. 31, 2017	Dec. 31, 2016
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Residential mortgage loans held for sale (at fair value)	$ 17,717	$ 13,222
Investments available-for-sale (at fair value)	814,096	733,554
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)	17,717	13,222
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)	121,769	121,790
Fair Value, Measurements, Recurring | State and municipal
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Investments available-for-sale (at fair value)	334,488	287,684
Fair Value, Measurements, Recurring | Mortgage-Backed
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Investments available-for-sale (at fair value)	346,262	312,711
Fair Value, Measurements, Recurring | Corporate Debt
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Investments available-for-sale (at fair value)	9,404	9,134
Fair Value, Measurements, Recurring | Trust Preferred
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Investments available-for-sale (at fair value)	950	1,012
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	926	1,010
Other liabilities	(926)	(1,010)
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	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)	17,717	13,222
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)	121,769	121,790
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)	334,488	287,684
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)	346,262	312,711
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	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	926	1,010
Other liabilities	(926)	(1,010)
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)	9,404	9,134
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)	950	1,012
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) - Fair Value, Inputs, Level 3 - Available-for-sale Securities [Member] $ in Thousands	3 Months Ended
	Mar. 31, 2017USD ($)
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items]
Balance at January 1	$ 10,146
Asset Transfers Into Level 3	(82)
Total unrealized losses included in other comprehensive income (loss)	290
Balance at December 31	$ 10,354

FAIR VALUE (Assets Measured at

FAIR VALUE (Assets Measured at Fair Value on Nonrecurring Basis) (Detail) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2017	Dec. 31, 2016
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value disclosure, nonrecurring	$ 10,372	$ 10,892
Fair value measured on nonrecurring basis losses	(11,277)	(10,707)
Impaired loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value disclosure, nonrecurring	9,078	8,981
Fair value measured on nonrecurring basis losses	(11,170)	(10,600)
Other real estate owned
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, fair value disclosure, nonrecurring	1,294	1,911
Fair value measured on nonrecurring basis losses	(107)	(107)
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	10,372	10,892
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	9,078	8,981
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	$ 1,294	$ 1,911

FAIR VALUE (Carrying Amounts an

FAIR VALUE (Carrying Amounts and Fair Values of Company's Financial Instruments) (Detail) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Financial Liabilities
Securities sold under retail repurchase agreements and federal funds purchased	$ 141,244	$ 125,119
Advances from FHLB	675,000	790,000
Subordinated debentures	0	30,000
Reported Value Measurement [Member]
Financial Assets
Investments held-to-maturity and other equity securities	41,611	46,094
Loans, net of allowance	3,949,135	3,883,741
Other assets	93,922	93,328
Financial Liabilities
Time Deposits	609,209	586,039
Securities sold under retail repurchase agreements and federal funds purchased	141,244	125,119
Advances from FHLB	675,000	790,000
Subordinated debentures		30,000
Estimate of Fair Value Measurement [Member]
Financial Assets
Investments held-to-maturity and other equity securities	41,611	46,094
Loans, net of allowance	3,998,985	3,933,700
Other assets	93,922	93,328
Financial Liabilities
Time Deposits	607,589	584,868
Securities sold under retail repurchase agreements and federal funds purchased	141,244	125,119
Advances from FHLB	683,959	800,756
Subordinated debentures		29,985
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
Significant Other Observable Inputs (Level 2)
Financial Assets
Investments held-to-maturity and other equity securities	41,611	46,094
Loans, net of allowance	0	0
Other assets	93,922	93,328
Financial Liabilities
Time Deposits	607,589	584,868
Securities sold under retail repurchase agreements and federal funds purchased	141,244	125,119
Advances from FHLB	683,959	800,756
Subordinated debentures		0
Significant Unobservable Inputs (Level 3)
Financial Assets
Investments held-to-maturity and other equity securities	0	0
Loans, net of allowance	3,998,985	3,933,700
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		$ 29,985

SEGMENT REPORTING (Additional I

SEGMENT REPORTING (Additional Information) (Detail) $ in Millions	Mar. 31, 2017USD ($)
Investment Management
Segment Reporting Information [Line Items]
Assets under management	$ 1,200

SEGMENT REPORTING (Operating Se

SEGMENT REPORTING (Operating Segments and Reconciliation of Information to Condensed Consolidated Financial Statements) (Detail) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Dec. 31, 2016
Segment Reporting Information [Line Items]
Interest income	$ 45,958	$ 41,653
Interest expense	5,705	5,531
Provision (credit)	194	1,236	$ 5,546
Non-interest income	12,632	13,363
Non-interest Expense	29,981	32,317
Income before income taxes	22,710	15,932
Income tax expense	7,598	5,119
Net income	15,112	10,813
Assets	5,201,164	4,716,608	$ 5,091,383
Intersegment Elimination
Segment Reporting Information [Line Items]
Interest income	(2)	(2)
Interest expense	(2)	(2)
Provision (credit)	0	0
Non-interest income	(209)	(178)
Non-interest Expense	(209)	(178)
Income before income taxes	0	0
Income tax expense	0	0
Net income	0	0
Assets	(24,039)	(21,029)
Community Banking
Segment Reporting Information [Line Items]
Interest income	45,957	41,653
Interest expense	5,707	5,533
Provision (credit)	194	1,236
Non-interest income	9,086	10,219
Non-interest Expense	27,799	30,380
Income before income taxes	21,343	14,723
Income tax expense	7,060	4,644
Net income	14,283	10,079
Assets	5,202,560	4,719,759
Insurance
Segment Reporting Information [Line Items]
Interest income	1	1
Interest expense	0	0
Provision (credit)	0	0
Non-interest income	1,752	1,453
Non-interest Expense	1,355	1,171
Income before income taxes	398	283
Income tax expense	161	114
Net income	237	169
Assets	8,066	5,790
Investment Management
Segment Reporting Information [Line Items]
Interest income	2	1
Interest expense	0	0
Provision (credit)	0	0
Non-interest income	2,003	1,869
Non-interest Expense	1,036	944
Income before income taxes	969	926
Income tax expense	377	361
Net income	592	565
Assets	$ 14,577	$ 12,088