Dime Community Bancshares (DCOM) 10-Q 8 Nov 18 2018 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2018	Oct. 31, 2018
Document And Entity Information [Abstract]
Entity Registrant Name	BRIDGE BANCORP INC
Entity Central Index Key	846,617
Trading Symbol	bdge
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Common Stock, Shares Outstanding		19,792,234
Document Type	10-Q
Document Period End Date	Sep. 30, 2018
Amendment Flag	false
Document Fiscal Year Focus	2,018
Document Fiscal Period Focus	Q3

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Assets
Cash and due from banks	$ 63,687	$ 76,614
Interest earning deposits with banks	61,414	18,133
Total cash and cash equivalents	125,101	94,747
Securities available for sale, at fair value	661,862	759,916
Securities held to maturity (fair value of $159,244 and $179,885, respectively)	164,438	180,866
Total securities	826,300	940,782
Securities, restricted	25,162	35,349
Loans held for sale	1,619
Loans held for investment	3,197,427	3,102,752
Allowance for loan losses	(31,869)	(31,707)
Loans, net	3,165,558	3,071,045
Premises and equipment, net	35,893	33,505
Accrued interest receivable	11,793	11,652
Goodwill	105,950	105,950
Other intangible assets	4,717	5,214
Prepaid pension	11,904	9,936
Bank owned life insurance	89,151	87,493
Other real estate owned	175
Other assets	45,434	34,329
Total assets	4,448,757	4,430,002
Liabilities
Demand deposits	1,332,792	1,338,701
Savings, NOW and money market deposits	1,958,258	1,773,478
Certificates of deposit of $100,000 or more	205,857	158,584
Other time deposits	122,235	63,780
Total deposits	3,619,142	3,334,543
Federal funds purchased		50,000
Repurchase agreements	816	877
Federal Home Loan Bank advances	265,648	501,374
Subordinated debentures, net	78,746	78,641
Other liabilities and accrued expenses	44,420	35,367
Total liabilities	4,008,772	4,000,802
Commitments and contingencies
Stockholders' equity
Preferred stock, par value $.01 per share (2,000,000 shares authorized; none issued)
Common stock, par value $.01 per share (40,000,000 shares authorized; 19,804,685 and 19,719,575 shares issued, respectively; and 19,789,073 and 19,709,360 shares outstanding, respectively)	198	197
Surplus	350,739	347,691
Retained earnings	108,161	96,547
Treasury stock at cost, 15,612 and 10,215 shares, respectively	(520)	(296)
Total stockholders' equity before accumulated other comprehensive income (loss)	458,578	444,139
Accumulated other comprehensive loss, net of income taxes	(18,593)	(14,939)
Total stockholders' equity	439,985	429,200
Total liabilities and stockholders' equity	$ 4,448,757	$ 4,430,002

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parentheticals) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Consolidated Balance Sheets
Securities held to maturity, fair value (in dollars)	$ 159,244	$ 179,885
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized	2,000,000	2,000,000
Preferred stock, shares issued	0	0
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized	40,000,000	40,000,000
Common stock, shares issued	19,804,685	19,719,575
Common stock, shares outstanding	19,789,073	19,709,360
Treasury Stock, shares	15,612	10,215

Consolidated Statements of Inco

Consolidated Statements of Income (unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Interest income:
Loans (including fee income)	$ 36,197	$ 32,571	$ 107,580	$ 92,206
Mortgage-backed securities, CMOs and other asset-backed securities	4,370	3,777	11,919	11,492
U.S. GSE securities	158	300	680	901
State and municipal obligations	614	963	2,173	2,968
Corporate bonds	356	295	1,069	878
Deposits with banks	437	91	633	208
Other interest and dividend income	457	441	1,450	1,236
Total interest income	42,589	38,438	125,504	109,889
Interest expense:
Savings, NOW and money market deposits	4,584	2,161	10,536	5,524
Certificates of deposit of $100,000 or more	927	496	2,026	1,306
Other time deposits	536	195	1,224	552
Federal funds purchased and repurchase agreements	13	402	1,185	1,073
Federal Home Loan Bank advances	1,181	1,704	4,447	4,382
Subordinated debentures	1,134	1,135	3,404	3,405
Junior subordinated debentures				48
Total interest expense	8,375	6,093	22,822	16,290
Net interest income	34,214	32,345	102,682	93,599
Provision for loan losses	200	1,900	1,400	3,650
Net interest income after provision for loan losses	34,014	30,445	101,282	89,949
Non-interest income:
Service charges and other fees	2,549	2,392	7,274	6,662
Net securities gains (losses)		260	(7,921)	260
Title fee income	384	757	1,339	1,848
Gain on sale of loans			411	(33)
Gain on sale of Small Business Administration loans	524	100	1,586	1,442
BOLI income	557	563	1,658	1,690
Other operating income	904	900	2,517	1,701
Total non-interest income	4,918	4,972	6,453	13,603
Non-interest expense:
Salaries and employee benefits	12,134	11,962	38,001	35,054
Occupancy and equipment	3,325	3,514	9,773	10,351
Technology and communications	1,596	1,469	4,807	4,194
Marketing and advertising	1,274	1,254	3,476	3,742
Professional services	1,023	678	3,116	2,101
FDIC assessments	386	341	1,286	984
Fraud loss	9,500		9,500
Amortization of other intangible assets	215	247	703	800
Other operating expenses	1,551	1,806	5,447	5,347
Total non-interest expense	31,004	21,271	76,109	62,573
Income before income taxes	7,928	14,146	31,626	40,979
Income tax expense	1,381	4,703	6,263	13,524
Net income	$ 6,547	$ 9,443	$ 25,363	$ 27,455
Basic earnings per share (in dollars per share)	$ 0.33	$ 0.48	$ 1.28	$ 1.39
Diluted earnings per share (in dollars per share)	$ 0.33	$ 0.48	$ 1.28	$ 1.39

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Consolidated Statements of Comprehensive Income
Net income	$ 6,547	$ 9,443	$ 25,363	$ 27,455
Other comprehensive (loss) income:
Change in unrealized net (losses) gains on securities available for sale, net of reclassifications and deferred income taxes	(3,063)	152	(6,535)	2,695
Adjustment to pension liability, net of reclassifications and deferred income taxes	67	67	202	230
Unrealized gains (losses) on cash flow hedges, net of reclassifications and deferred income taxes	149	303	2,679	(70)
Total other comprehensive (loss) income	(2,847)	522	(3,654)	2,855
Comprehensive income	$ 3,700	$ 9,965	$ 21,709	$ 30,310

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Equity (unaudited) - USD ($) $ in Thousands	Common Stock	Surplus	Retained Earnings	Treasury Stock	Accumulated Other Comprehensive Loss	Total
Balance at Dec. 31, 2016	$ 191	$ 329,427	$ 91,594	$ (161)	$ (13,064)	$ 407,987
Increase (Decrease) in Stockholders' Equity
Net income			27,455			27,455
Shares issued under the dividend reinvestment plan		721				721
Shares issued for trust preferred securities conversions (529,292 shares)	5	14,944				14,949
Stock awards granted and distributed	1	(417)		416
Stock awards forfeited		131		(131)
Repurchase of surrendered stock from vesting of restricted stock awards				(330)		(330)
Share based compensation expense		1,972				1,972
Cash dividend declared, $0.69 per share			(13,670)			(13,670)
Other comprehensive income (loss), net of deferred income taxes					2,855	2,855
Balance at Sep. 30, 2017	197	346,778	105,379	(206)	(10,209)	441,939
Balance at Dec. 31, 2017	197	347,691	96,547	(296)	(14,939)	429,200
Increase (Decrease) in Stockholders' Equity
Net income			25,363			25,363
Shares issued under the dividend reinvestment plan		705				705
Stock awards granted and distributed	1	(529)		528
Stock awards forfeited		183		(183)
Repurchase of surrendered stock from vesting of restricted stock awards				(569)		(569)
Share based compensation expense		2,689				2,689
Cash dividend declared, $0.69 per share			(13,749)			(13,749)
Other comprehensive income (loss), net of deferred income taxes					(3,654)	(3,654)
Balance at Sep. 30, 2018	$ 198	$ 350,739	$ 108,161	$ (520)	$ (18,593)	$ 439,985

Consolidated Statements of St_2

Consolidated Statements of Stockholders' Equity (Parentheticals) (unaudited) - $ / shares	9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017
Consolidated Statements of Stockholders' Equity
Number of shares issued for trust preferred securities conversions		529,292
Cash dividend declared (in dollars per share)	$ 0.69	$ 0.69

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (unaudited) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017
Cash flows from operating activities:
Net income	$ 25,363	$ 27,455
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for loan losses	1,400	3,650
Depreciation and amortization of premises and equipment	2,871	2,858
Net (accretion) and other amortization	(1,803)	(5,771)
Net amortization on securities	3,278	4,865
Increase in cash surrender value of bank owned life insurance	(1,658)	(1,690)
Amortization of intangible assets	703	800
Share based compensation expense	2,689	1,972
Net securities losses (gains)	7,921	(260)
Increase in accrued interest receivable	(141)	(772)
Small Business Administration ("SBA") loans originated for sale	(22,126)	(15,523)
Proceeds from sale of the guaranteed portion of SBA loans	22,453	17,290
Gain on sale of the guaranteed portion of SBA loans	(1,586)	(1,442)
(Gain) loss on sale of loans	(411)	33
Increase in other assets	(3,816)	(664)
Increase in accrued expenses and other liabilities	5,581	3,824
Net cash provided by operating activities	40,718	36,625
Cash flows from investing activities:
Purchases of securities available for sale	(224,600)	(87,916)
Purchases of securities, restricted	(493,347)	(404,267)
Purchases of securities held to maturity	(1,000)	(3,628)
Proceeds from sales of securities available for sale	230,372	26,685
Redemption of securities, restricted	503,534	404,776
Maturities, calls and principal payments of securities available for sale	72,535	89,630
Maturities, calls and principal payments of securities held to maturity	16,760	36,390
Net increase in loans	(134,808)	(319,312)
Proceeds from loan sale	40,133	2,574
Purchase of premises and equipment	(5,259)	(2,595)
Net cash provided by (used in) investing activities	4,320	(257,663)
Cash flows from financing activities:
Net increase in deposits	284,631	277,345
Net decrease in federal funds purchased	(50,000)	(50,000)
Net decrease in federal funds purchased	(235,641)	(19,733)
Repayment of junior subordinated debentures		(352)
Net (decrease) increase in repurchase agreements	(61)	172
Net proceeds from issuance of common stock	705	721
Repurchase of surrendered stock from vesting of restricted stock awards	(569)	(330)
Cash dividends paid	(13,749)	(13,670)
Net cash (used in) provided by financing activities	(14,684)	194,153
Net increase (decrease) in cash and cash equivalents	30,354	(26,885)
Cash and cash equivalents at beginning of period	94,747	113,838
Cash and cash equivalents at end of period	125,101	86,953
Cash paid for:
Interest	23,902	17,660
Income taxes	2,474	4,195
Non-cash investing and financing activities:
Conversion of junior subordinated debentures		$ 15,350
Transfers from portfolio loans to other real estate owned	$ 175

BASIS OF PRESENTATION

BASIS OF PRESENTATION	9 Months Ended
	Sep. 30, 2018
BASIS OF PRESENTATION
BASIS OF PRESENTATION	1. BASIS OF PRESENTATION Bridge Bancorp, Inc. (the “Registrant” or “Company”), is a registered bank holding company for BNB Bank (the “Bank”), which was formerly known as The Bridgehampton National Bank prior to the Bank's conversion to a New York chartered commercial bank in December 2017. The Registrant was incorporated under the laws of the State of New York in 1988, at the direction of the Board of Directors of the Bank for the purpose of becoming a bank holding company pursuant to a plan of reorganization under which the former shareholders of the Bank became the shareholders of the Company. Since commencing business in March 1989, after the reorganization, the Registrant has functioned primarily as the holder of all of the Bank's common stock. In May 1999, the Bank established a real estate investment trust subsidiary, Bridgehampton Community, Inc. (“BCI”), as an operating subsidiary. The assets transferred to BCI are viewed by the bank regulators as part of the Bank's assets in consolidation. The operations of the Bank also include Bridge Abstract LLC (“Bridge Abstract”), a wholly owned subsidiary of the Bank, which is a broker of title insurance services and Bridge Financial Services LLC (“Bridge Financial Services”), an investment services subsidiary that was formed in March 2014. The Company formed Bridge Statutory Capital Trust II (the “Trust”) as a subsidiary in 2009, which sold $16.0 million of 8.5% cumulative convertible Trust Preferred Securities (the “Trust Preferred Securities”) in a private placement to accredited investors. The Trust Preferred Securities were redeemed effective January 18, 2017 and the Trust was cancelled effective April 24, 2017 . The accompanying Unaudited Consolidated Financial Statements, which include the accounts of the Company and its wholly-owned subsidiary, the Bank, have been prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) for interim financial information and with the instructions to Form 10‑Q and Article 10 of Regulation S-X. The Unaudited Consolidated Financial Statements included herein reflect all normal recurring adjustments that are, in the opinion of management, necessary for a fair presentation of the results for the interim periods presented. In preparing the interim financial statements, management has made estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expense during the reported periods. Such estimates are subject to change in the future as additional information becomes available or previously existing circumstances are modified. Actual future results could differ significantly from those estimates. The annualized results of operations for the nine months ended September 30, 2018 are not necessarily indicative of the results of operations that may be expected for the entire fiscal year. Certain information and note disclosures normally included in the financial statements prepared in accordance with GAAP have been condensed or omitted pursuant to the rules and regulations of the Securities and Exchange Commission (the “SEC”). Certain reclassifications have been made to prior year amounts, and the related discussion and analysis, to conform to the current year presentation. These reclassifications did not have an impact on net income or total stockholders' equity. The Unaudited Consolidated Financial Statements should be read in conjunction with the Audited Consolidated Financial Statements and notes thereto included in the Company's Annual Report on Form 10‑K for the year ended December 31, 2017.

EARNINGS PER SHARE

EARNINGS PER SHARE	9 Months Ended
	Sep. 30, 2018
EARNINGS PER SHARE
EARNINGS PER SHARE	2. EARNINGS PER SHARE Financial Accounting Standards Board Accounting Standards Codification (“FASB ASC”) No. 260‑10‑45 addresses whether instruments granted in share-based payment transactions are participating securities prior to vesting and, therefore, need to be included in the earnings allocation in computing earnings per share (“EPS”). The restricted stock awards and certain restricted stock units granted by the Company contain non-forfeitable rights to dividends and therefore are considered participating securities. The two-class method for calculating basic EPS excludes dividends paid to participating securities and any undistributed earnings attributable to participating securities. The following table presents the computation of EPS for the three and nine months ended September 30, 2018 and 2017: Three Months Ended Nine Months Ended September 30, September 30, (In thousands, except per share data) 2018 2017 2018 2017 Net income $ 6,547 $ 9,443 $ 25,363 $ 27,455 Dividends paid on and earnings allocated to participating securities (145) (197) (550) (557) Income attributable to common stock $ 6,402 $ 9,246 $ 24,813 $ 26,898 Weighted average common shares outstanding, including participating securities 19,890 19,793 19,869 19,748 Weighted average participating securities (438) (412) (435) (405) Weighted average common shares outstanding 19,452 19,381 19,434 19,343 Basic earnings per common share $ 0.33 $ 0.48 $ 1.28 $ 1.39 Income attributable to common stock $ 6,402 $ 9,246 $ 24,813 $ 26,898 Impact of assumed conversions - interest on 8.5% trust preferred securities — — — 32 Income attributable to common stock including assumed conversions $ 6,402 $ 9,246 $ 24,813 $ 26,930 Weighted average common shares outstanding 19,452 19,381 19,434 19,343 Incremental shares from assumed conversions of options and restricted stock units 33 25 27 21 Incremental shares from assumed conversions of 8.5% trust preferred securities — — — 23 Weighted average common and equivalent shares outstanding 19,485 19,406 19,461 19,387 Diluted earnings per common share $ 0.33 $ 0.48 $ 1.28 $ 1.39 There were 47,393 stock options outstanding at September 30, 2018 that were not included in the computation of diluted earnings per share for the three and nine months ended September 30, 2018 because the options' exercise prices were greater than the average market price of common stock and were, therefore, antidilutive. There were no stock options outstanding at September 30, 2017. There were no restricted stock units that were antidilutive for the three months ended September 30, 2018 and 2017. There were 21,980 restricted stock units that were antidilutive for the nine months ended September 30, 2018 and no restricted stock units that were antidilutive for the nine months ended September 30, 2017. The $15.7 million in trust preferred securities outstanding at December 31, 2016 were redeemed effective January 18, 2017 and therefore were not included in the computation of diluted earnings per share for the three months ended September 30, 2017, but were dilutive for the nine months ended September 30, 2017 and therefore were included in the computation of diluted earnings per share for that period.

STOCK BASED COMPENSATION PLANS

STOCK BASED COMPENSATION PLANS	9 Months Ended
	Sep. 30, 2018
STOCK BASED COMPENSATION PLANS
STOCK BASED COMPENSATION PLANS	3. STOCK BASED COMPENSATION PLANS The Bridge Bancorp, Inc. 2012 Stock-Based Incentive Plan (“2012 SBIP”) provides for the grant of stock-based and other incentive awards to officers, employees and directors of the Company. The 2012 SBIP superseded the Bridge Bancorp, Inc. 2006 Equity Incentive Plan. The number of shares of common stock of Bridge Bancorp, Inc. available for stock-based awards under the 2012 SBIP is 525,000 plus 278,385 shares that were remaining under the 2006 Equity Incentive Plan. Of the total 803,385 shares of common stock approved for issuance under the 2012 SBIP, 274,950 shares remain available for issuance at September 30, 2018, including shares that may be granted in the form of stock options, restricted stock awards (“RSAs”), or restricted stock units (“RSUs”). The Compensation Committee of the Board of Directors determines awards under the 2012 SBIP. The Company accounts for the 2012 SBIP under FASB ASC No. 718. Stock Options Stock options may be either incentive stock options, which bestow certain tax benefits on the optionee, or non-qualified stock options, not qualifying for such benefits. All options have an exercise price that is not less than the market value of the Company's common stock on the date of the grant. The fair value of each option granted is estimated on the date of the grant using the Black-Scholes option-pricing model. The intrinsic value for stock options is calculated based on the exercise price of the underlying awards and the market price of the Company's common stock as of the exercise or reporting date. During the nine months ended September 30, 2018, in accordance with the Long Term Incentive Plan (“LTI Plan”) for Named Executive Officers (“NEOs”), the Company granted 47,393 stock options. All of the stock options granted vest ratably over three years. The estimated weighted-average grant-date fair value of all stock options granted in the nine months ended September 30, 2018 was $6.52 per stock option, using the Black-Scholes option-pricing model with assumptions as follows: dividend yield of 2.80%; expected volatility rate of 27.53%; risk-free interest rate of 2.67%; and expected option life of 6.5 years. There were no stock options granted during the nine months ended September 30, 2017. Compensation expense attributable to stock options was $26 thousand and $65 thousand for the three and nine months ended September 30, 2018, respectively. There was no compensation expense attributable to stock options for the nine months ended September 30, 2017 because there were no stock options outstanding as of September 30, 2017 and December 31, 2016. As of September 30, 2018, there was $244 thousand of total unrecognized compensation cost related to unvested stock options. The cost is expected to be recognized over a weighted-average period of 2.4 years. The following table summarizes the status of the Company's stock options as of and for the nine months ended September 30, 2018: Weighted Weighted Average Number Average Remaining Aggregate of Exercise Contractual Intrinsic (Dollars in thousands, except per share amounts) Options Price Life Value Outstanding, January 1, 2018 — $ — Granted 47,393 36.19 Outstanding, September 30, 2018 47,393 $ 36.19 9.4 years $ — Vested and Exercisable, September 30, 2018 — $ — $ — $ — Weighted Number of Average Range of Exercise Prices Options Exercise Price $36.19 47,393 $ 36.19 47,393 $ 36.19 Restricted Stock Awards The Company's RSAs are shares of the Company's common stock that are forfeitable and are subject to restrictions on transfer prior to the vesting date. RSAs are forfeited if the award holder departs the Company before vesting. RSAs carry dividend and voting rights from the date of grant. The vesting of time-vested RSAs depends upon the award holder continuing to render services to the Company. The Company's performance-based RSAs vest subject to the achievement of the Company's 2018 corporate goals. The following table summarizes the unvested RSA activity for the nine months ended September 30, 2018: Weighted Average Grant-Date Shares Fair Value Unvested, January 1, 2018 317,692 $ 27.16 Granted 83,282 33.01 Vested (59,600) 23.94 Forfeited (6,107) 29.94 Unvested, September 30, 2018 335,267 $ 29.14 During the nine months ended September 30, 2018, the Company granted a total of 83,282 RSAs. Of the 83,282 RSAs granted, 44,750 time-vested RSAs vest ratably over five years, 13,415 time-vested RSAs vest ratably over three years, and 25,117 performance-based RSAs vest ratably over two years, subject to the achievement of the Company's 2018 corporate goals. As of September 30, 2018, there were 335,267 unvested RSAs consisting of 310,933 time-vested RSAs and 24,334 performance-based RSAs. Compensation expense attributable to RSAs was $612 thousand and $1.9 million for the three and nine months ended September 30, 2018, respectively, and $432 thousand and $1.3 million for the three and nine months ended September 30, 2017, respectively. As of September 30, 2018, there was $5.7 million of total unrecognized compensation cost related to non-vested RSAs. The cost is expected to be recognized over a weighted-average period of 3.4 years. Restricted Stock Units Long Term Incentive Plan An RSU is an award that is denominated in shares of the Company's common stock on the date of grant and is similar to an RSA award, except no shares of the Company's common stock are actually issued to the award recipient on the date of grant of an RSU. RSUs are subject to a time-based vesting schedule or the satisfaction of performance conditions, and are settled in shares of the Company's common stock. RSUs do not provide voting rights and RSUs may provide dividend equivalent rights from the date of grant. During the nine months ended September 30, 2018, in accordance with the LTI Plan for NEOs, the Company granted 21,693 RSUs. Of the 21,693 RSUs granted, 12,522 time-vested RSUs vest ratably over five years and 9,171 performance-based RSUs vest subject to the achievement of the Company's three-year corporate goal for the years 2018, 2019 and 2020. The following table summarizes the unvested NEO RSU activity for the nine months ended September 30, 2018: 83 Weighted Average Grant-Date Shares Fair Value Unvested, January 1, 2018 68,776 $ 24.46 Granted 21,693 33.23 Reinvested dividends 1,486 26.47 Forfeited (13,333) 21.85 Unvested, September 30, 2018 78,622 $ 27.36 Compensation expense attributable to LTI Plan RSUs was $121 thousand and $341 thousand for the three and nine months ended September 30, 2018, respectively, and $81 thousand and $229 thousand in connection with these awards for the three and nine months ended September 30, 2017, respectively. As of September 30, 2018, there was $1.4 million of total unrecognized compensation cost related to non-vested RSUs. The cost is expected to be recognized over a weighted-average period of 3.2 years. Directors Plan In April 2009, the Company adopted a Directors Deferred Compensation Plan (“Directors Plan”). Under the Directors Plan, independent directors may elect to defer all or a portion of their annual retainer fee in the form of RSUs. In addition, directors receive a non-election retainer in the form of RSUs. These RSUs vest ratably over one year and have dividend rights but no voting rights. In connection with the Directors Plan, the Company recorded expense of $143 thousand and $418 thousand in connection with these RSUs for the three and nine months ended September 30, 2018, respectively, and $135 thousand and $395 thousand for the three and nine months ended September 30, 2017, respectively.

SECURITIES

SECURITIES	9 Months Ended
	Sep. 30, 2018
SECURITIES
SECURITIES	4. SECURITIES The following tables summarize the amortized cost and estimated fair value of the available for sale and held to maturity investment securities portfolio at September 30, 2018 and December 31, 2017 and the corresponding amounts of unrealized gains and losses therein: September 30, 2018 Gross Gross Estimated Amortized Unrealized Unrealized Fair (In thousands) Cost Gains Losses Value Available for sale: U.S. GSE securities $ 29,997 $ — $ (1,453) $ 28,544 State and municipal obligations 35,772 40 (640) 35,172 U.S. GSE residential mortgage-backed securities 96,967 5 (4,242) 92,730 U.S. GSE residential collateralized mortgage obligations 356,644 — (11,335) 345,309 U.S. GSE commercial mortgage-backed securities 3,560 — (80) 3,480 U.S. GSE commercial collateralized mortgage obligations 93,875 — (3,206) 90,669 Other asset backed securities 24,250 — (728) 23,522 Corporate bonds 46,000 — (3,564) 42,436 Total available for sale 687,065 45 (25,248) 661,862 Held to maturity: State and municipal obligations 55,828 327 (664) 55,491 U.S. GSE residential mortgage-backed securities 10,042 — (481) 9,561 U.S. GSE residential collateralized mortgage obligations 49,470 22 (1,766) 47,726 U.S. GSE commercial mortgage-backed securities 19,285 — (973) 18,312 U.S. GSE commercial collateralized mortgage obligations 29,813 — (1,659) 28,154 Total held to maturity 164,438 349 (5,543) 159,244 Total securities $ 851,503 $ 394 $ (30,791) $ 821,106 December 31, 2017 Gross Gross Estimated Amortized Unrealized Unrealized Fair (In thousands) Cost Gains Losses Value Available for sale: U.S. GSE securities $ 57,994 $ — $ (1,180) $ 56,814 State and municipal obligations 87,582 259 (819) 87,022 U.S. GSE residential mortgage-backed securities 189,705 29 (2,833) 186,901 U.S. GSE residential collateralized mortgage obligations 314,390 16 (7,016) 307,390 U.S. GSE commercial mortgage-backed securities 6,017 2 (40) 5,979 U.S. GSE commercial collateralized mortgage obligations 49,965 — (1,249) 48,716 Other asset backed securities 24,250 — (849) 23,401 Corporate bonds 46,000 — (2,307) 43,693 Total available for sale 775,903 306 (16,293) 759,916 Held to maturity: State and municipal obligations 60,762 972 (64) 61,670 U.S. GSE residential mortgage-backed securities 11,424 — (261) 11,163 U.S. GSE residential collateralized mortgage obligations 54,250 244 (666) 53,828 U.S. GSE commercial mortgage-backed securities 22,953 77 (438) 22,592 U.S. GSE commercial collateralized mortgage obligations 31,477 — (845) 30,632 Total held to maturity 180,866 1,293 (2,274) 179,885 Total securities $ 956,769 $ 1,599 $ (18,567) $ 939,801 The following table summarizes the amortized cost and estimated fair value by contractual maturity of the available for sale and held to maturity investment securities portfolio at September 30, 2018. Expected maturities will differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. September 30, 2018 Estimated (In thousands) Amortized Cost Fair Value Maturity Available for sale: Within one year $ 8,494 $ 8,460 One to five years 28,236 27,372 Five to ten years 83,273 78,442 Beyond ten years 567,062 547,588 Total $ 687,065 $ 661,862 Held to maturity: Within one year $ 1,941 $ 1,937 One to five years 29,223 28,950 Five to ten years 50,267 49,105 Beyond ten years 83,007 79,252 Total $ 164,438 $ 159,244 The following tables summarize securities with gross unrealized losses at September 30, 2018 and December 31, 2017, aggregated by category and length of time that individual securities have been in a continuous unrealized loss position: September 30, 2018 Less than 12 months Greater than 12 months Estimated Gross Estimated Gross Fair Unrealized Fair Unrealized (In thousands) Value Losses Value Losses Available for sale: U.S. GSE securities $ — $ — $ 28,544 $ (1,453) State and municipal obligations 16,037 (190) 15,948 (450) U.S. GSE residential mortgage-backed securities 14,098 (640) 77,169 (3,602) U.S. GSE residential collateralized mortgage obligations 192,703 (2,953) 152,607 (8,382) U.S. GSE commercial mortgage-backed securities 3,480 (80) — — U.S. GSE commercial collateralized mortgage obligations 46,569 (814) 44,099 (2,392) Other asset backed securities — — 23,522 (728) Corporate bonds — — 42,435 (3,564) Total available for sale $ 272,887 $ (4,677) $ 384,324 $ (20,571) Held to maturity: State and municipal obligations $ 28,515 $ (564) $ 2,466 $ (100) U.S. GSE residential mortgage-backed securities — — 9,561 (481) U.S. GSE residential collateralized mortgage obligations 16,116 (527) 28,963 (1,239) U.S. GSE commercial mortgage-backed securities 5,946 (138) 12,366 (835) U.S. GSE commercial collateralized mortgage obligations 58 — 28,096 (1,659) Total held to maturity $ 50,635 $ (1,229) $ 81,452 $ (4,314) December 31, 2017 Less than 12 months Greater than 12 months Estimated Gross Estimated Gross Fair Unrealized Fair Unrealized (In thousands) Value Losses Value Losses Available for sale: U.S. GSE securities $ — $ — $ 56,815 $ (1,180) State and municipal obligations 35,350 (301) 28,165 (518) U.S. GSE residential mortgage-backed securities 107,408 (1,153) 69,571 (1,680) U.S. GSE residential collateralized mortgage obligations 77,705 (759) 224,932 (6,257) U.S. GSE commercial mortgage-backed securities 2,345 (40) — — U.S. GSE commercial collateralized mortgage obligations 452 (1) 48,264 (1,248) Other asset backed securities — — 23,401 (849) Corporate bonds 13,588 (412) 30,105 (1,895) Total available for sale $ 236,848 $ (2,666) $ 481,253 $ (13,627) Held to maturity: State and municipal obligations $ 7,709 $ (57) $ 1,009 $ (7) U.S. GSE residential mortgage-backed securities 1,359 (16) 9,804 (245) U.S. GSE residential collateralized mortgage obligations 21,329 (94) 21,112 (572) U.S. GSE commercial mortgage-backed securities 8,789 (121) 8,303 (317) U.S. GSE commercial collateralized mortgage obligations 10,341 (116) 20,290 (729) Total held to maturity $ 49,527 $ (404) $ 60,518 $ (1,870) Other-Than-Temporary Impairment Management evaluates securities for other-than-temporary impairment (“OTTI”) quarterly and more frequently when economic or market conditions warrant. The investment securities portfolio is evaluated for OTTI by segregating the portfolio into two general segments and applying the appropriate OTTI model. Investment securities classified as available for sale or held to maturity are generally evaluated for OTTI under FASB ASC 320, “Accounting for Certain Investments in Debt and Equity Securities”. In determining OTTI under the FASB ASC 320 model, management considers many factors, including: (1) the length of time and the extent to which the fair value has been less than cost, (2) the financial condition and near term prospects of the issuer, (3) whether the market decline was affected by macroeconomic conditions, and (4) whether the Company has the intent to sell the debt security or more likely than not will be required to sell the debt security before its anticipated recovery. If either of the criteria regarding intent or requirement to sell is met, the entire difference between amortized cost and fair value is recognized as impairment through earnings. For debt securities that do not meet these criteria, the amount of impairment is split into two components: (1) OTTI related to credit loss, which must be recognized in the income statement and (2) OTTI related to other factors, which is recognized in other comprehensive income. The credit loss is defined as the difference between the present value of the cash flows expected to be collected and the amortized cost basis. The assessment of whether an other-than-temporary decline exists involves a high degree of subjectivity and judgment and is based on the information available to management at a point in time. At September 30, 2018, substantially all of the securities in an unrealized loss position had a fixed interest rate and the cause of the temporary impairment was directly related to changes in interest rates. The Company generally views changes in fair value caused by changes in interest rates as temporary, which is consistent with its experience. Other asset backed securities are comprised of student loan backed bonds which are guaranteed by the U.S. Department of Education for 97% to 100% of principal. Additionally, the bonds have credit support of 3% to 5% and have maintained their Aa3 Moody's rating during the time the Bank has owned them. The corporate bonds within the portfolio have all maintained an investment grade rating by either Moody's or Standard and Poor's. None of the unrealized losses is related to credit losses. The Company does not have the intent to sell these securities and it is more likely than not that it will not be required to sell the securities before their anticipated recovery. Therefore, the Company does not consider these securities to be other-than-temporarily impaired at September 30, 2018. Sales and Calls of Securities There were no proceeds from sales of securities for the three months ended September 30, 2018. There were $230.4 million of proceeds from sales of securities with gross losses of $7.9 million realized for the nine months ended September 30, 2018. There were $26.7 million of proceeds from sales of securities with gross gains of approximately $0.3 million and gross losses of approximately $0.1 million for the three and nine months ended September 30, 2017. There were no proceeds from calls of securities for the three months ended September 30, 2018. There were $0.9 million of proceeds from calls of securities for the nine months ended September 30, 2018. There were no proceeds from calls of securities for the three and nine months ended September 30, 2017. Pledged Securities Securities having a fair value of $317.1 million and $513.5 million at September 30, 2018 and December 31, 2017 , respectively, were pledged to secure public deposits and Federal Home Loan Bank (“FHLB”) and Federal Reserve Bank (“FRB”) overnight borrowings. Trading Securities The Company did not hold any trading securities during the nine months ended September 30, 2018 or the year ended December 31, 2017. Restricted Securities The Bank is a member of the FHLB of New York. Members are required to own a particular amount of stock based on the level of borrowings and other factors, and may invest in additional amounts. The Bank is a member of the Atlantic Central Banker's Bank (“ACBB”) and is required to own ACBB stock. The Bank is also a member of the FRB system and required to own FRB stock. FHLB, ACBB and FRB stock is carried at cost and periodically evaluated for impairment based on ultimate recovery of par value. Both cash and stock dividends are reported as income. The Bank owned $25.2 million and $35.3 million in FHLB, ACBB and FRB stock at September 30, 2018 and December 31, 2017, respectively. These amounts were reported as restricted securities in the consolidated balance sheets.

FAIR VALUE

FAIR VALUE	9 Months Ended
	Sep. 30, 2018
FAIR VALUE
FAIR VALUE	5. FAIR VALUE As described in Note 15. Recent Accounting Pronouncements, during the first quarter of 2018, the Company adopted Accounting Standards Update (“ASU”) 2016‑01, Financial Instruments – Overall (Subtopic 825‑10): Recognition and Measurement of Financial Assets and Financial Liabilities. The Company adopted the amended guidance that requires public business entities to use the exit price notion when measuring the fair value of financial instruments for disclosure purposes. FASB ASC No. 820‑10 defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. FASB ASC 820‑10 also establishes a fair value hierarchy which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. The standard describes three levels of inputs that may be used to measure fair values: Level 1: Quoted prices (unadjusted) for identical assets or liabilities in active markets that the entity has the ability to access as of the measurement date. Level 2: Significant other observable inputs other than Level 1 prices such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data. Level 3: Significant unobservable inputs that reflect a reporting entity's own assumptions about the assumptions that market participants would use in pricing an asset or liability. The following tables summarize assets and liabilities measured at fair value on a recurring basis: September 30, 2018 Fair Value Measurements Using: Quoted Prices In Active Significant Markets for Other Significant Identical Observable Unobservable Carrying Assets Inputs Inputs (In thousands) Value (Level 1) (Level 2) (Level 3) Financial assets: Available for sale securities: U.S. GSE securities $ 28,544 $ 28,544 State and municipal obligations 35,172 35,172 U.S. GSE residential mortgage-backed securities 92,730 92,730 U.S. GSE residential collateralized mortgage obligations 345,309 345,309 U.S. GSE commercial mortgage-backed securities 3,480 3,480 U.S. GSE commercial collateralized mortgage obligations 90,669 90,669 Other asset backed securities 23,522 23,522 Corporate bonds 42,436 42,436 Total available for sale securities $ 661,862 $ 661,862 Derivatives $ 9,865 $ 9,865 Financial liabilities: Derivatives $ 3,364 $ 3,364 December 31, 2017 Fair Value Measurements Using: Quoted Prices In Active Significant Markets for Other Significant Identical Observable Unobservable Carrying Assets Inputs Inputs (In thousands) Value (Level 1) (Level 2) (Level 3) Financial assets: Available for sale securities: U.S. GSE securities $ 56,814 $ 56,814 State and municipal obligations 87,022 87,022 U.S. GSE residential mortgage-backed securities 186,901 186,901 U.S. GSE residential collateralized mortgage obligations 307,390 307,390 U.S. GSE commercial mortgage-backed securities 5,979 5,979 U.S. GSE commercial collateralized mortgage obligations 48,716 48,716 Other asset backed securities 23,401 23,401 Corporate bonds 43,693 43,693 Total available for sale securities $ 759,916 $ 759,916 Derivatives $ 4,546 $ 4,546 Financial liabilities: Derivatives $ 1,823 $ 1,823 The following tables summarize assets measured at fair value on a non-recurring basis: September 30, 2018 Fair Value Measurements Using: Quoted Prices In Active Significant Markets for Other Significant Identical Observable Unobservable Carrying Assets Inputs Inputs (In thousands) Value (Level 1) (Level 2) (Level 3) Impaired loans $ — $ — Other real estate owned $ 175 $ 175 December 31, 2017 Fair Value Measurements Using: Quoted Prices In Active Significant Markets for Other Significant Identical Observable Unobservable Carrying Assets Inputs Inputs (In thousands) Value (Level 1) (Level 2) (Level 3) Impaired loans $ — $ — Other real estate owned $ — $ — There were no impaired loans with an allocated allowance for loan losses at September 30, 2018. Impaired loans with an allocated allowance for loan losses at December 31, 2017 had a carrying amount of zero, which is made up of the outstanding balance of $1.7 million, net of a valuation allowance of $1.7 million. This resulted in an additional provision for loan losses of $1.7 million that is included in the amount reported on the Consolidated Statements of Income for the year ended December 31, 2017. Other real estate owned at September 30, 2018 had a carrying amount of $0.2 million with no valuation allowance recorded. Accordingly, there was no additional provision for loan losses included in the amount reported on the Consolidated Statements of Income. There was no other real estate owned at December 31, 2017. The Company used the following methods and assumptions in estimating the fair value of its financial instruments: Cash and Due from Banks and Interest Earning Deposits with Banks: Carrying amounts approximate fair value, since these instruments are either payable on demand or have short-term maturities and as such are classified as Level 1. Securities Available for Sale and Held to Maturity: If available, the estimated fair values are based on independent dealer quotations on nationally recognized securities exchanges and are classified as Level 1. For securities where quoted prices are not available, fair value is based on matrix pricing, which is a mathematical technique widely used in the industry to value debt securities without relying exclusively on quoted prices for the specific securities but rather by relying on the securities' relationship to other benchmark quoted securities resulting in a Level 2 classification. Derivatives: Represents interest rate swaps for which the estimated fair values are based on valuation models using observable market data as of the measurement date resulting in a Level 2 classification. Impaired Loans and Other Real Estate Owned: For impaired loans, the Company evaluates the fair value of the loan in accordance with current accounting guidance. For loans that are collateral dependent, the fair value of the collateral is used to determine the fair value of the loan. The fair value of the collateral is determined based on recent appraised values. The fair value of other real estate owned is also evaluated in accordance with current accounting guidance and determined based on recent appraised values less the estimated cost to sell. These appraisals may utilize a single valuation approach or a combination of approaches including comparable sales and the income approach. Adjustments are routinely made in the appraisal process by the independent appraisers to adjust for differences between the comparable sales and income data available. Adjustments may relate to location, square footage, condition, amenities, market rate of leases as well as timing of comparable sales. All appraisals undergo a second review process to insure that the methodology employed and the values derived are reasonable. The fair value of the loan is compared to the carrying value to determine if any write-down or specific reserve is required. Impaired loans are evaluated quarterly for additional impairment and adjusted accordingly. Appraisals for collateral-dependent impaired loans are performed by certified general appraisers (for commercial properties) or certified residential appraisers (for residential properties) whose qualifications and licenses have been reviewed and verified by the Company. Once received, the Credit Department reviews the assumptions and approaches utilized in the appraisal as well as the overall resulting fair value in comparison with independent data sources such as recent market data or industry-wide statistics. Management also considers the appraisal values for commercial properties associated with current loan origination activity. Collectively, this information is reviewed to help assess current trends in commercial property values. For each collateral dependent impaired loan, management considers information that relates to the type of commercial property to determine if such properties may have appreciated or depreciated in value since the date of the most recent appraisal. Adjustments to fair value are made only when the analysis indicates a probable decline in collateral values. Adjustments made in the appraisal process are not deemed material to the overall consolidated financial statements given the level of impaired loans measured at fair value on a nonrecurring basis. Deposits: The estimated fair values of certificates of deposit are based on discounted cash flow calculations that use a replacement cost of funds approach to establishing discount rates for certificate of deposit maturities resulting in a Level 2 classification. Stated value is fair value for all other deposits resulting in a Level 1 classification. Borrowed Funds: Represents federal funds purchased, repurchase agreements and FHLB advances for which the estimated fair values are based on discounted cash flow calculations that use a replacement cost of funds approach to establishing discount rates for funding maturities resulting in a Level 1 classification for overnight federal funds purchased, repurchase agreements and FHLB advances and a Level 2 classification for all other maturity terms. Accrued Interest Receivable and Payable: For these short-term instruments, the carrying amount is a reasonable estimate of the fair value resulting in a Level 1, 2 or 3 classification consistent with the underlying asset or liability the interest is associated with. Off-Balance-Sheet Liabilities: The fair value of off-balance-sheet commitments to extend credit is estimated using fees currently charged to enter into similar agreements. The fair value is immaterial as of September 30, 2018 and December 31, 2017. Fair value estimates are made at specific points in time and are based on existing on-and off-balance sheet financial instruments. These estimates are subjective in nature and dependent on a number of significant assumptions associated with each financial instrument or group of financial instruments, including estimates of discount rates, risks associated with specific financial instruments, estimates of future cash flows, and relevant available market information. Changes in assumptions could significantly affect the estimates. In addition, fair value estimates do not reflect the value of anticipated future business, premiums or discounts that could result from offering for sale at one time the Company's entire holdings of a particular financial instrument, or the tax consequences of realizing gains or losses on the sale of financial instruments. The following tables summarize the estimated fair values and recorded carrying amounts of the Company's financial instruments at September 30, 2018 and December 31, 2017: September 30, 2018 Fair Value Measurements Using: Significant Quoted Prices In Other Significant Active Markets for Observable Unobservable Carrying Identical Assets Inputs Inputs Total (In thousands) Amount (Level 1) (Level 2) (Level 3) Fair Value Financial assets: Cash and due from banks $ 63,687 $ 63,687 $ — $ — $ 63,687 Interest earning deposits with banks 61,414 61,414 — — 61,414 Securities available for sale 661,862 — 661,862 — 661,862 Securities restricted 25,162 n/a n/a n/a n/a Securities held to maturity 164,438 — 159,244 — 159,244 Loans held for sale 1,619 — 1,692 — 1,692 Loans, net 3,165,558 — — 3,126,345 3,126,345 Derivatives 9,865 — 9,865 — 9,865 Accrued interest receivable 11,793 — 2,885 8,908 11,793 Financial liabilities: Certificates of deposit 328,092 — 325,354 — 325,354 Demand and other deposits 3,291,050 3,291,050 — — 3,291,050 Federal Home Loan Bank advances 265,648 — 259,116 — 259,116 Repurchase agreements 816 — 816 — 816 Subordinated debentures 78,746 — 73,917 — 73,917 Derivatives 3,364 — 3,364 — 3,364 Accrued interest payable 494 — 494 — 494 December 31, 2017 Fair Value Measurements Using: Significant Quoted Prices In Other Significant Active Markets for Observable Unobservable Carrying Identical Assets Inputs Inputs Total (In thousands) Amount (Level 1) (Level 2) (Level 3) Fair Value Financial assets: Cash and due from banks $ 76,614 $ 76,614 $ — $ — $ 76,614 Interest earning deposits with banks 18,133 18,133 — — 18,133 Securities available for sale 759,916 — 759,916 — 759,916 Securities restricted 35,349 n/a n/a n/a n/a Securities held to maturity 180,866 — 179,885 — 179,885 Loans, net 3,071,045 — — 3,010,023 3,010,023 Derivatives 4,546 — 4,546 — 4,546 Accrued interest receivable 11,652 — 3,211 8,441 11,652 Financial liabilities: Certificates of deposit 222,364 — 220,775 — 220,775 Demand and other deposits 3,112,179 3,112,179 — — 3,112,179 Federal funds purchased 50,000 50,000 — — 50,000 Federal Home Loan Bank advances 501,374 185,000 313,558 — 498,558 Repurchase agreements 877 — 877 — 877 Subordinated debentures 78,641 — 77,933 — 77,933 Derivatives 1,823 — 1,823 — 1,823 Accrued interest payable 1,574 — 1,574 — 1,574

LOANS

LOANS	9 Months Ended
	Sep. 30, 2018
LOANS
LOANS	6. LOANS The following table sets forth the major classifications of loans: (In thousands) September 30, 2018 December 31, 2017 Commercial real estate mortgage loans $ 1,348,569 $ 1,293,906 Multi-family mortgage loans 579,827 595,280 Residential real estate mortgage loans 516,995 464,264 Commercial, industrial and agricultural loans 608,723 616,003 Real estate construction and land loans 118,137 107,759 Installment/consumer loans 19,157 21,041 Total loans 3,191,408 3,098,253 Net deferred loan costs and fees 6,019 4,499 Total loans held for investment 3,197,427 3,102,752 Allowance for loan losses (31,869) (31,707) Loans, net $ 3,165,558 $ 3,071,045 In June 2015, the Company completed the acquisition of Community National Bank (“CNB”) resulting in the addition of $729.4 million of acquired loans recorded at their fair value. There were approximately $288.3 million and $359.4 million of acquired CNB loans remaining as of September 30, 2018 and December 31, 2017, respectively. In February 2014, the Company completed the acquisition of FNBNY Bancorp, Inc. and its wholly owned subsidiary First National Bank of New York (collectively “FNBNY”) resulting in the addition of $89.7 million of acquired loans recorded at their fair value. There were approximately $11.5 million and $15.4 million of acquired FNBNY loans remaining as of September 30, 2018 and December 31, 2017, respectively. Lending Risk The principal business of the Bank is lending in commercial real estate mortgage loans, multi-family mortgage loans, residential real estate mortgage loans, construction loans, home equity loans, commercial, industrial and agricultural loans, land loans and consumer loans. The Bank considers its primary lending area to be Nassau and Suffolk Counties located on Long Island and the New York City boroughs. A substantial portion of the Bank's loans is secured by real estate in these areas. Accordingly, the ultimate collectability of the loan portfolio is susceptible to changes in market and economic conditions in this region. Commercial Real Estate Mortgages Loans in this classification include income producing investment properties and owner occupied real estate used for business purposes. The underlying properties are located largely in the Bank's primary market area. The cash flows of the income producing investment properties are adversely impacted by a downturn in the economy as evidenced by increased vacancy rates, which in turn, will have an effect on credit quality. Generally, management seeks to obtain annual financial information for borrowers with loans in excess of $1.0 million in this category. In the case of owner-occupied real estate used for business purposes, a weakened economy and resultant decreased consumer and/or business spending will have an adverse effect on credit quality. Multi-Family Mortgages Loans in this classification include income producing residential investment properties of five or more families. Loans are made to established owners with a proven and demonstrable record of strong performance. Loans are secured by a first mortgage lien on the subject property with a loan to value ratio generally not exceeding 75%. Repayment is derived generally from the rental income generated from the property and may be supplemented by the owners' personal cash flow. Credit risk arises with an increase in vacancy rates, property mismanagement and the predominance of non-recourse loans that are customary in the industry. Residential Real Estate Mortgages and Home Equity Loans Loans in these classifications are generally secured by owner-occupied residential real estate and repayment is dependent on the credit quality of the individual borrower. The overall health of the economy, including unemployment rates and housing prices, can have an effect on the credit quality in this loan class. The Bank generally does not originate loans with a loan-to-value ratio greater than 80% and does not grant subprime loans. Commercial, Industrial and Agricultural Loans Loans in this classification are made to businesses and include term loans, lines of credit, senior secured loans to corporations, equipment financing and taxi medallion loans. Generally, these loans are secured by assets of the business and repayment is expected from the cash flows of the business. A weakened economy, and resultant decreased consumer and/or business spending, will have an effect on the credit quality in this loan class. Real Estate Construction and Land Loans Loans in this classification primarily include land loans to local individuals, contractors and developers for developing the land for sale or for the purpose of making improvements thereon. Repayment is derived primarily from sale of the lots/units including any pre-sold units. Credit risk is affected by market conditions, time to sell at an adequate price and cost overruns. To a lesser extent, this class includes commercial development projects that the Company finances, which in most cases require interest only during construction, and then convert to permanent financing. Construction delays, cost overruns, market conditions and the availability of permanent financing, to the extent such permanent financing is not being provided by the Bank, all affect the credit risk in this loan class. Installment and Consumer Loans Loans in this classification may be either secured or unsecured. Repayment is dependent on the credit quality of the individual borrower and, if applicable, sale of the collateral securing the loan, such as automobiles. Therefore, the overall health of the economy, including unemployment rates and housing prices, will have an effect on the credit quality in this loan class. Credit Quality Indicators The Company categorizes loans into risk categories of pass, special mention, substandard and doubtful based on relevant information about the ability of borrowers to service their debt including repayment patterns, probable incurred losses, past loss experience, current economic conditions, and various types of concentrations of credit. Assigned risk rating grades are continuously updated as new information is obtained. Loans risk rated special mention; substandard and doubtful are reviewed on a quarterly basis. The Company uses the following definitions for risk rating grades: Pass: Loans classified as pass include current loans performing in accordance with contractual terms, pools of homogenous residential real estate and installment/consumer loans that are not individually risk rated and loans which do not exhibit certain risk factors that require greater than usual monitoring by management. Special mention: Loans classified as special mention, while generally not delinquent, have potential weaknesses that deserve management's close attention. If left uncorrected, these potential weaknesses may result in deterioration of the repayment prospects for the loan or in the Bank's credit position at some future date. Substandard: Loans classified as substandard have a well-defined weakness or weaknesses that jeopardize the liquidation of the debt. There is a distinct possibility that the Bank will sustain some loss if the deficiencies are not corrected. Doubtful: Loans classified as doubtful have all the weaknesses inherent in a substandard loan, and may also be in delinquency status and have defined weaknesses based on currently existing facts, conditions and values making collection or liquidation in full highly questionable and improbable. The following tables represent loans categorized by class and internally assigned risk grades as of September 30, 2018 and December 31, 2017: September 30, 2018 (In thousands) Pass Special Mention Substandard Doubtful Total Commercial real estate: Owner occupied $ 479,536 $ 812 $ 17,979 $ — $ 498,327 Non-owner occupied 846,780 520 2,942 — 850,242 Multi-family 579,403 424 — — 579,827 Residential real estate: Residential mortgage 438,158 8,729 882 — 447,769 Home equity 67,047 1,006 1,173 — 69,226 Commercial and industrial: Secured 95,164 6,306 16,910 — 118,380 Unsecured 477,039 7,476 5,828 — 490,343 Real estate construction and land loans 117,677 — 460 — 118,137 Installment/consumer loans 19,111 10 36 — 19,157 Total loans $ 3,119,915 $ 25,283 $ 46,210 $ — $ 3,191,408 At September 30, 2018, there were $0.4 million and $0.8 million of acquired CNB loans included in the special mention and substandard grades, respectively, and $0.2 million and $0.3 million of acquired FNBNY loans included in the special mention and substandard grades, respectively. December 31, 2017 (In thousands) Pass Special Mention Substandard Doubtful Total Commercial real estate: Owner occupied $ 451,264 $ 1,796 $ 19,589 $ — $ 472,649 Non-owner occupied 808,612 8,056 4,589 — 821,257 Multi-family 595,280 — — — 595,280 Residential real estate: Residential mortgage 393,029 4,854 290 — 398,173 Home equity 64,601 698 792 — 66,091 Commercial and industrial: Secured 86,116 12,637 13,560 — 112,313 Unsecured 485,598 14,553 3,539 — 503,690 Real estate construction and land loans 107,440 — 319 — 107,759 Installment/consumer loans 21,020 16 5 — 21,041 Total loans $ 3,012,960 $ 42,610 $ 42,683 $ — $ 3,098,253 At December 31, 2017, there were $0.4 million and $1.6 million of acquired CNB loans included in the special mention and substandard grades, respectively, and $0.2 million and $0.3 million of acquired FNBNY loans included in the special mention and substandard grades, respectively. Past Due and Nonaccrual Loans The following tables represent the aging of the recorded investment in past due loans as of September 30, 2018 and December 31, 2017 by class of loans, as defined by FASB ASC 310‑10: September 30, 2018 >90 Days Nonaccrual 30-59 60-89 Past Due Including 90 Total Past Days Days And Days or More Due and (In thousands) Past Due Past Due Accruing Past Due Nonaccrual Current Total Loans Commercial real estate: Owner occupied $ 193 $ — $ — $ 355 $ 548 $ 497,779 $ 498,327 Non-owner occupied 223 — — — 223 850,019 850,242 Multi-family — — — — — 579,827 579,827 Residential real estate: Residential mortgages 2,014 204 299 39 2,556 445,213 447,769 Home equity 699 — — 628 1,327 67,899 69,226 Commercial and industrial: Secured 887 141 — 227 1,255 117,125 118,380 Unsecured 1,129 106 — 506 1,741 488,602 490,343 Real estate construction and land loans — — — 152 152 117,985 118,137 Installment/consumer loans 12 193 — 37 242 18,915 19,157 Total loans $ 5,157 $ 644 $ 299 $ 1,944 $ 8,044 $ 3,183,364 $ 3,191,408 December 31, 2017 >90 Days Nonaccrual 30-59 60-89 Past Due Including 90 Total Past Days Days And Days or More Due and (In thousands) Past Due Past Due Accruing Past Due Nonaccrual Current Total Loans Commercial real estate: Owner occupied $ 284 $ — $ 175 $ 2,205 $ 2,664 $ 469,985 $ 472,649 Non-owner occupied — — 1,163 — 1,163 820,094 821,257 Multi-family — — — — — 595,280 595,280 Residential real estate: Residential mortgages 2,074 398 — 401 2,873 395,300 398,173 Home equity 329 — 271 161 761 65,330 66,091 Commercial and industrial: Secured 113 41 225 570 949 111,364 112,313 Unsecured 18 35 — 3,618 3,671 500,019 503,690 Real estate construction and land loans — 281 — — 281 107,478 107,759 Installment/consumer loans 36 5 — — 41 21,000 21,041 Total loans $ 2,854 $ 760 $ 1,834 $ 6,955 $ 12,403 $ 3,085,850 $ 3,098,253 There were $1.1 million and $2.4 million of acquired loans that were 30‑89 days past due at September 30, 2018 and December 31, 2017, respectively. Impaired Loans At September 30, 2018 and December 31, 2017, the Company had individually impaired loans as defined by FASB ASC No. 310, “Receivables” of $15.6 million and $22.5 million, respectively. The decrease in impaired loans was attributable to the payoff of certain troubled debt restructurings ("TDRs”), partially offset by new TDRs during the nine months ended September 30, 2018, coupled with a decrease in nonaccrual loans due to the charge-off of one loan and sales and payoffs. During the nine months ended September 30, 2018, the Bank modified certain loans as TDRs totaling $8.4 million. For a loan to be considered impaired, management determines after review whether it is probable that the Bank will not be able to collect all amounts due according to the contractual terms of the loan agreement. Management applies its normal loan review procedures in making these judgments. Impaired loans include individually classified nonaccrual loans and TDRs. For impaired loans, the Bank evaluates the impairment of the loan in accordance with FASB ASC 310‑10‑35‑22. Impairment is determined based on the present value of expected future cash flows discounted at the loan's effective interest rate. For loans that are collateral dependent, the fair value of the collateral is used to determine the fair value of the loan. The fair value of the collateral is determined based on recent appraised values. The fair value of the collateral or present value of expected cash flows is compared to the carrying value to determine if any write-down or specific loan loss allowance allocation is required. The following tables set forth the recorded investment, unpaid principal balance and related allowance by class of loans at September 30, 2018 and December 31, 2017 for individually impaired loans. The tables also set forth the average recorded investment of individually impaired loans and interest income recognized while the loans were impaired during the three and nine months ended September 30, 2018 and 2017: Three Months Ended Nine Months Ended September 30, 2018 September 30, 2018 September 30, 2018 Unpaid Related Average Interest Average Interest Recorded Principal Allocated Recorded Income Recorded Income (In thousands) Investment Balance Allowance Investment Recognized Investment Recognized With no related allowance recorded: Commercial real estate: Owner occupied $ 277 $ 284 $ — $ 268 $ — $ 151 $ — Non-owner occupied 2,063 2,063 — 1,763 10 1,366 18 Residential real estate: Residential mortgages — — — — — — — Home equity — — — — — — — Commercial and industrial: Secured 8,076 8,076 — 8,086 57 8,130 171 Unsecured 5,134 5,134 — 5,143 42 5,084 118 Total with no related allowance recorded $ 15,550 $ 15,557 $ — $ 15,260 $ 109 $ 14,731 $ 307 With an allowance recorded: Commercial real estate: Owner occupied $ — $ — $ — $ — $ — $ — $ — Non-owner occupied — — — — — — — Residential real estate: Residential mortgages — — — — — — — Home equity — — — — — — — Commercial and industrial: Secured — — — — — — — Unsecured — — — — — — — Total with an allowance recorded $ — $ — $ — $ — $ — $ — $ — Total: Commercial real estate: Owner occupied $ 277 $ 284 $ — $ 268 $ — $ 151 $ — Non-owner occupied 2,063 2,063 — 1,763 10 1,366 18 Residential real estate: Residential mortgages — — — — — — — Home equity — — — — — — — Commercial and industrial: Secured 8,076 8,076 — 8,086 57 8,130 171 Unsecured 5,134 5,134 — 5,143 42 5,084 118 Total $ 15,550 $ 15,557 $ — $ 15,260 $ 109 $ 14,731 $ 307 Three Months Ended Nine Months Ended December 31, 2017 September 30, 2017 September 30, 2017 Unpaid Related Average Interest Average Interest Recorded Principal Allocated Recorded Income Recorded Income (In thousands) Investment Balance Allowance Investment Recognized Investment Recognized With no related allowance recorded: Commercial real estate: Owner occupied $ 2,073 $ 2,073 $ — $ — $ — $ — $ — Non-owner occupied 9,089 9,089 — 8,906 100 6,352 298 Residential real estate: Residential mortgages — — — — — — — Home equity 100 100 — — — — — Commercial and industrial: Secured 7,368 8,013 — 3,030 5 1,459 66 Unsecured 2,154 2,408 — 342 4 367 12 Total with no related allowance recorded $ 20,784 $ 21,683 $ — $ 12,278 $ 109 $ 8,178 $ 376 With an allowance recorded: Commercial real estate: Owner occupied $ — $ — $ — $ — $ — $ — $ — Non-owner occupied — — — — — — — Residential real estate: Residential mortgages — — — — — — — Home equity — — — — — — — Commercial and industrial: Secured — — — 1,216 6 540 6 Unsecured 1,708 3,235 1,708 3,294 105 1,098 106 Total with an allowance recorded $ 1,708 $ 3,235 $ 1,708 $ 4,510 $ 111 $ 1,638 $ 112 Total: Commercial real estate: Owner occupied $ 2,073 $ 2,073 $ — $ — $ — $ — $ — Non-owner occupied 9,089 9,089 — 8,906 100 6,352 298 Residential real estate: Residential mortgages — — — — — — — Home equity 100 100 — — — — — Commercial and industrial: Secured 7,368 8,013 — 4,246 11 1,999 72 Unsecured 3,862 5,643 1,708 3,636 109 1,465 118 Total $ 22,492 $ 24,918 $ 1,708 $ 16,788 $ 220 $ 9,816 $ 488 The Bank had one other real estate owned, consisting of $0.2 million at September 30, 2018 compared to none at December 31, 2017. Troubled Debt Restructurings The terms of certain loans were modified and are considered TDRs. The modification of the terms of such loans generally includes one or a combination of the following: a reduction of the stated interest rate of the loan; an extension of the maturity date at a stated rate of interest lower than the current market rate for new debt with similar risk; or a permanent reduction of the recorded investment in the loan. The modification of these loans involved loans to borrowers who were experiencing financial difficulties. In order to determine whether a borrower is experiencing financial difficulty, an evaluation is performed to determine if that borrower is currently in payment default under any of its obligations or whether there is a probability that the borrower will be in payment default on any of its debt in the foreseeable future without the modification. During the three months ended September 30, 2018, the Bank modified one commercial real estate mortgage loan totaling $0.9 million and one residential mortgage loan totaling $0.6 million as TDRs compared to no loans modified as TDRs during the three months ended September 30, 2017. During the nine months ended September 30, 2018, the Bank modified eight commercial and industrial loans totaling $6.9 million, one commercial real estate mortgage loan totaling $0.9 million and one residential mortgage loan totaling $0.6 million as TDRs compared to two commercial real estate mortgage loans totaling $7.8 million and certain taxi medallion loans totaling $2.8 million as TDRs for the nine months ended September 30, 2017. These modifications did not result in a change to the recorded investment of the loans and did not increase the allowance for loan losses for those periods. During the nine months ended September 30, 2018, there were no charge-offs relating to TDRs and there was one loan modified as a TDR for which there was a payment default within twelve months following the modification. During the nine months ended September 30, 2017, there were no charge-offs relating to TDRs and there were two loans modified as TDRs for which there was a payment default within twelve months following the modification. A loan is considered to be in payment default once it is 30 days contractually past due under the modified terms. As of September 30, 2018 and December 31, 2017, the Company had $146 thousand and $5 thousand, respectively, of nonaccrual TDRs, and $16.7 million of performing TDRs. At September 30, 2018 and December 31, 2017, nonaccrual TDRs were unsecured. The Bank has no commitment to lend additional funds to these debtors. The terms of certain other loans were modified during the nine months ended September 30, 2018 that did not meet the definition of a TDR. These loans have a total recorded investment at September 30, 2018 of $41.1 million. These loans were to borrowers who were not experiencing financial difficulties. Purchased Credit Impaired Loans Loans acquired in a business combination are recorded at their fair value at the acquisition date. Credit discounts are included in the determination of fair value; therefore, an allowance for loan losses is not recorded at the acquisition date. At the acquisition date, the purchased credit impaired (“PCI”) loans acquired as part of the FNBNY acquisition had contractually required principal and interest payments receivable of $40.3 million, expected cash flows of $28.4 million, and a fair value (initial carrying amount) of $21.8 million. The difference between the contractually required principal and interest payments receivable and the expected cash flows of $11.9 million represented the non-accretable difference. The difference between the expected cash flows and fair value of $6.6 million represented the initial accretable yield. At September 30, 2018, the contractually required principal and interest payments receivable and carrying amount of the PCI loans was $1.2 million and $0.5 million, respectively, with a remaining non-accretable difference of $0.5 million. At December 31, 2017, the contractually required principal and interest payments receivable and carrying amount of the PCI loans was $4.0 million and $2.4 million, respectively, with a remaining non-accretable difference of $0.7 million. At the acquisition date, the PCI loans acquired as part of the CNB acquisition had contractually required principal and interest payments receivable of $23.4 million, expected cash flows of $10.1 million, and a fair value (initial carrying amount) of $8.7 million. The difference between the contractually required principal and interest payments receivable and the expected cash flows of $13.3 million represented the non-accretable difference. The difference between the expected cash flows and fair value of $1.4 million represented the initial accretable yield. At September 30, 2018, the contractually required principal and interest payments receivable and carrying amount of the PCI loans was $1.3 million and $0.1 million, respectively, with a remaining non-accretable difference of $0.8 million. At December 31, 2017, the contractually required principal and interest payments receivable and carrying amount of the PCI loans was $7.6 million and $1.0 million, respectively, with a remaining non-accretable difference of $5.3 million. The following table summarizes the activity in the accretable yield for the PCI loans: Three Months Ended Nine Months Ended September 30, September 30, (In thousands) 2018 2017 2018 2017 Balance at beginning of period $ 1,112 $ 3,966 $ 2,151 $ 6,915 Accretion (354) (1,067) (1,656) (3,970) Reclassification (to) from nonaccretable difference during the period (172) (362) 91 (408) Accretable discount at end of period $ 586 $ 2,537 $ 586 $ 2,537

ALLOWANCE FOR LOAN LOSSES

ALLOWANCE FOR LOAN LOSSES	9 Months Ended
	Sep. 30, 2018
ALLOWANCE FOR LOAN LOSSES
ALLOWANCE FOR LOAN LOSSES	7. ALLOWANCE FOR LOAN LOSSES The following tables represent the balance in the allowance for loan losses and the recorded investment in loans by portfolio segment, as defined under FASB ASC 310‑10, and based on impairment method as of September 30, 2018 and December 31, 2017. The tables include loans acquired from CNB and FNBNY. September 30, 2018 Residential Commercial, Real Estate Commercial Real Estate Industrial and Construction Installment/ Real Estate Multi-family Mortgage Agricultural and Land Consumer (In thousands) Mortgage Loans Loans Loans Loans Loans Loans Total Allowance for loan losses: Individually evaluated for impairment $ — $ — $ — $ — $ — $ — $ — Collectively evaluated for impairment 11,409 2,793 4,443 11,808 1,301 115 31,869 Loans acquired with deteriorated credit quality — — — — — — — Total allowance for loan losses $ 11,409 $ 2,793 $ 4,443 $ 11,808 $ 1,301 $ 115 $ 31,869 Loans: Individually evaluated for impairment $ 2,340 $ — $ — $ 13,210 $ — $ — $ 15,550 Collectively evaluated for impairment 1,346,229 579,827 516,697 595,278 118,137 19,157 3,175,325 Loans acquired with deteriorated credit quality — — 298 235 — — 533 Total loans $ 1,348,569 $ 579,827 $ 516,995 $ 608,723 $ 118,137 $ 19,157 $ 3,191,408 December 31, 2017 Residential Commercial, Real Estate Commercial Real Estate Industrial and Construction Installment/ Real Estate Multi-family Mortgage Agricultural and Land Consumer (In thousands) Mortgage Loans Loans Loans Loans Loans Loans Total Allowance for loan losses: Individually evaluated for impairment $ — $ — $ — $ 1,708 $ — $ — $ 1,708 Collectively evaluated for impairment 11,048 4,521 2,438 11,130 740 122 29,999 Loans acquired with deteriorated credit quality — — — — — — — Total allowance for loan losses $ 11,048 $ 4,521 $ 2,438 $ 12,838 $ 740 $ 122 $ 31,707 Loans: Individually evaluated for impairment $ 11,162 $ — $ 100 $ 11,230 $ — $ — $ 22,492 Collectively evaluated for impairment 1,281,837 593,645 463,575 604,329 107,759 21,041 3,072,186 Loans acquired with deteriorated credit quality 907 1,635 589 444 — — 3,575 Total loans $ 1,293,906 $ 595,280 $ 464,264 $ 616,003 $ 107,759 $ 21,041 $ 3,098,253 The following tables represent the changes in the allowance for loan losses for the three and nine months ended September 30, 2018, and 2017, by portfolio segment, as defined under FASB ASC 310‑10. The portfolio segments represent the categories that the Bank uses to determine its allowance for loan losses. Three Months Ended September 30, 2018 Residential Commercial, Real Estate Commercial Real Estate Industrial and Construction Installment/ Real Estate Multi-family Mortgage Agricultural and Land Consumer (In thousands) Mortgage Loans Loans Loans Loans Loans Loans Total Allowance for loan losses: Beginning balance $ 11,206 $ 2,466 $ 4,237 $ 12,358 $ 1,263 $ 122 $ 31,652 Charge-offs — — — — — (4) (4) Recoveries — — 1 19 — 1 21 Provision 203 327 205 (569) 38 (4) 200 Ending balance $ 11,409 $ 2,793 $ 4,443 $ 11,808 $ 1,301 $ 115 $ 31,869 Three Months Ended September 30, 2017 Residential Commercial, Real Estate Commercial Real Estate Industrial and Construction Installment/ Real Estate Multi-family Mortgage Agricultural and Land Consumer (In thousands) Mortgage Loans Loans Loans Loans Loans Loans Total Allowance for loan losses: Beginning balance $ 10,579 $ 4,846 $ 1,486 $ 9,970 $ 577 $ 86 $ 27,544 Charge-offs — — — (124) — (49) (173) Recoveries — — — 1 — 1 2 Provision (109) (6) 174 1,577 168 96 1,900 Ending balance $ 10,470 $ 4,840 $ 1,660 $ 11,424 $ 745 $ 134 $ 29,273 Nine Months Ended September 30, 2018 Residential Commercial, Real Estate Commercial Real Estate Industrial and Construction Installment/ Real Estate Multi-family Mortgage Agricultural and Land Consumer (In thousands) Mortgage Loans Loans Loans Loans Loans Loans Total Allowance for loan losses: Beginning balance $ 11,048 $ 4,521 $ 2,438 $ 12,838 $ 740 $ 122 $ 31,707 Charge-offs — — (24) (1,708) — (4) (1,736) Recoveries — — 2 494 — 2 498 Provision 361 (1,728) 2,027 184 561 (5) 1,400 Ending balance $ 11,409 $ 2,793 $ 4,443 $ 11,808 $ 1,301 $ 115 $ 31,869 Nine Months Ended September 30, 2017 Residential Commercial, Real Estate Commercial Real Estate Industrial and Construction Installment/ Real Estate Multi-family Mortgage Agricultural and Land Consumer (In thousands) Mortgage Loans Loans Loans Loans Loans Loans Total Allowance for loan losses: Beginning balance $ 9,225 $ 6,264 $ 1,495 $ 7,837 $ 955 $ 128 $ 25,904 Charge-offs — — — (252) — (49) (301) Recoveries — — 2 16 — 2 20 Provision 1,245 (1,424) 163 3,823 (210) 53 3,650 Ending balance $ 10,470 $ 4,840 $ 1,660 $ 11,424 $ 745 $ 134 $ 29,273

PENSION AND POSTRETIREMENT PLAN

PENSION AND POSTRETIREMENT PLANS	9 Months Ended
	Sep. 30, 2018
PENSION AND POSTRETIREMENT PLANS
PENSION AND POSTRETIREMENT PLANS	8. PENSION AND POSTRETIREMENT PLANS The Bank maintains a noncontributory pension plan covering all eligible employees. The Bank uses a December 31 measurement date for this plan in accordance with FASB ASC 715‑30 “Compensation – Retirement Benefits – Defined Benefit Plans – Pension.” During 2012, the Company amended the pension plan by revising the formula for determining benefits effective January 1, 2013, except for certain grandfathered employees. Additionally, new employees hired on or after October 1, 2012 are not eligible for the pension plan. During 2001, the Bank adopted the Bridgehampton National Bank Supplemental Executive Retirement Plan (“SERP”). As recommended by the Compensation Committee of the Board of Directors and approved by the full Board of Directors, the SERP provides benefits to certain employees, whose benefits under the pension plan are limited by the applicable provisions of the Internal Revenue Code. The benefit under the SERP is equal to the additional amount the employee would be entitled to under the Pension Plan and the 401(k) Plan in the absence of such Internal Revenue Code limitations. The assets of the SERP are held in a rabbi trust to maintain the tax-deferred status of the plan and are subject to the general, unsecured creditors of the Company. As a result, the assets of the rabbi trust are reflected on the Consolidated Balance Sheets of the Company. There were $1.7 million and $2.2 million of contributions to the pension plan during the nine months ended September 30, 2018 and 2017, respectively. There were no contributions to the SERP during the nine months ended September 30, 2018 and 2017, respectively. In accordance with the SERP, a retired executive received a distribution from the plan totaling $84 thousand during each of the nine months ended September 30, 2018 and 2017, respectively. The Company's funding policy with respect to its benefit plans is to contribute at least the minimum amounts required by applicable laws and regulations. As described in Note 15. Recent Accounting Pronouncements, during the first quarter of 2018, the Company adopted ASU 2017‑07, Compensation - Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost. The Company adopted the guidance in the first quarter of 2018 using the practical expedient that permits an employer to use the amounts disclosed in its pension and postretirement benefit plan note for prior comparative periods as the estimation basis for applying retrospective presentation adjustments. The adoption of this ASU resulted in the reclassification of $196 thousand and $587 thousand of net periodic benefit credit components other than service cost from salaries and employee benefits expense to other operating expense for the three and nine months ended September 30, 2017, respectively. The Company's service cost component is reported in the Company's income statement in salaries and employee benefits, which is the same line item as other compensation costs arising from services rendered by the pertinent employees during the period. All other components of net periodic benefit credit are reported in the other operating expenses income statement line. The change in presentation did not impact the Company's operating results or financial condition. The following table sets forth the components of net periodic benefit (credit) cost: Three Months Ended September 30, Nine Months Ended September 30, Pension Benefits SERP Benefits Pension Benefits SERP Benefits (In thousands) 2018 2017 2018 2017 2018 2017 2018 2017 Service cost $ 325 $ 291 $ 73 $ 54 $ 975 $ 876 $ 218 $ 159 Interest cost 198 187 32 26 593 557 95 78 Expected return on plan assets (626) (521) — — (1,876) (1,561) — — Amortization of net loss 83 113 30 12 248 338 91 38 Amortization of prior service credit (20) (20) — — (58) (58) — — Amortization of transition obligation — — 1 7 — — 3 21 Net periodic benefit (credit) cost $ (40) $ 50 $ 136 $ 99 $ (118) $ 152 $ 407 $ 296

SECURITIES SOLD UNDER AGREEMENT

SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE	9 Months Ended
	Sep. 30, 2018
SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE.
SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE	9. SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE Securities sold under agreements to repurchase totaled $0.8 million at September 30, 2018 and $0.9 million at December 31, 2017. The repurchase agreements were collateralized by investment securities, of which 18% were U.S. GSE residential collateralized mortgage obligations and 82% were U.S. GSE residential mortgage-backed securities with a carrying amount of $2.4 million at September 30, 2018 and 52% were U.S. GSE residential collateralized mortgage obligations and 48% were U.S. GSE residential mortgage-backed securities with a carrying amount of $1.8 million at December 31, 2017. Securities sold under agreements to repurchase are financing arrangements with $0.8 million maturing during the fourth quarter of 2018. At maturity, the securities underlying the agreements are returned to the Company. The primary risk associated with these secured borrowings is the requirement to pledge a market value based balance of collateral in excess of the borrowed amount. The excess collateral pledged represents an unsecured exposure to the lending counterparty. As the market value of the collateral changes, both through changes in discount rates and spreads as well as related cash flows, additional collateral may need to be pledged. In accordance with the Company's policies, eligible counterparties are defined and monitored to minimize exposure.

FEDERAL HOME LOAN BANK ADVANCES

FEDERAL HOME LOAN BANK ADVANCES	9 Months Ended
	Sep. 30, 2018
FEDERAL HOME LOAN BANK ADVANCES
FEDERAL HOME LOAN BANK ADVANCES	10. FEDERAL HOME LOAN BANK ADVANCES The following tables set forth the contractual maturities and weighted average interest rates of FHLB advances over the next two years at September 30, 2018 and December 31, 2017: September 30, 2018 (Dollars in thousands) Weighted Contractual Maturity Amount Average Rate Overnight $ — — % 2018 265,000 2.47 % 2019 648 0.68 % 265,648 2.47 % Total FHLB advances $ 265,648 2.47 % December 31, 2017 (Dollars in thousands) Weighted Contractual Maturity Amount Average Rate Overnight $ 185,000 1.53 % 2018 315,083 1.59 % 2019 1,291 0.94 % 316,374 1.59 % Total FHLB advances $ 501,374 1.57 % Each advance is payable at its maturity date, with a prepayment penalty for fixed rate advances. The advances were collateralized by $1.2 billion of residential and commercial mortgage loans under a blanket lien arrangement at September 30, 2018 and December 31, 2017. Based on this collateral and the Company's holdings of FHLB stock, the Company is eligible to borrow up to a total of $1.3 billion at September 30, 2018 .

BORROWED FUNDS

BORROWED FUNDS	9 Months Ended
	Sep. 30, 2018
BORROWED FUNDS
BORROWED FUNDS	11. BORROWED FUNDS Subordinated Debentures In September 2015, the Company issued $80.0 million in aggregate principal amount of fixed-to-floating rate subordinated debentures. $40.0 million of the subordinated debentures are callable at par after five years, have a stated maturity of September 30, 2025 and bear interest at a fixed annual rate of 5.25% per year, from and including September 21, 2015 until but excluding September 30, 2020. From and including September 30, 2020 to the maturity date or early redemption date, the interest rate will reset quarterly to an annual interest rate equal to the then-current three-month LIBOR plus 360 basis points. The remaining $40.0 million of the subordinated debentures are callable at par after ten years, have a stated maturity of September 30, 2030 and bear interest at a fixed annual rate of 5.75% per year, from and including September 21, 2015 until but excluding September 30, 2025. From and including September 30, 2025 to the maturity date or early redemption date, the interest rate will reset quarterly to an annual interest rate equal to the then-current three-month LIBOR plus 345 basis points. The subordinated debentures totaled $78.7 million and $78.6 million at September 30, 2018 and December 31, 2017, respectively. The subordinated debentures are included in tier 2 capital (with certain limitations applicable) under current regulatory guidelines and interpretations. Junior Subordinated Debentures In December 2009, the Company completed the private placement of $16.0 million in aggregate liquidation amount of 8.50% cumulative convertible trust preferred securities (“TPS”), through its subsidiary, Bridge Statutory Capital Trust II (the “Trust”). The TPS had a liquidation amount of $1,000 per security, were convertible into the Company's common stock, at a modified effective conversion price of $29 per share, matured in 2039 and were callable by the Company at par after September 30, 2014. The Company issued $16.0 million of junior subordinated debentures (the “Debentures”) to the Trust in exchange for ownership of all of the common securities of the Trust and the proceeds of the TPS sold by the Trust. In accordance with accounting guidance, the Trust was not consolidated in the Company's financial statements, but rather the Debentures were shown as a liability. The Debentures had the same interest rate, maturity and prepayment provisions as the TPS. On December 15, 2016, the Company notified holders of the $15.8 million in outstanding TPS of the full redemption of the TPS on January 18, 2017. The redemption price equaled the liquidation amount, plus accrued but unpaid interest until but not including the redemption date. TPS not converted into shares of the Company's common stock on or prior to January 17, 2017 were redeemed as of January 18, 2017. 15,450 shares of TPS with a liquidation amount of $15.5 million were converted into 532,740 shares of the Company's common stock, which includes 100 shares of TPS with a liquidation amount of $100,000 which were converted into 3,448 shares of the Company's common stock on December 28, 2016. The remaining 350 shares of TPS with a liquidation amount of $350,000 were redeemed on January 18, 2017. The Trust was cancelled effective April 24, 2017.

DERIVATIVES

DERIVATIVES	9 Months Ended
	Sep. 30, 2018
DERIVATIVES
DERIVATIVES	12. DERIVATIVES Cash Flow Hedges of Interest Rate Risk As part of its asset liability management, the Company utilizes interest rate swap agreements to help manage its interest rate risk position. The notional amount of the interest rate swap does not represent the amount exchanged by the parties. The amount exchanged is determined by reference to the notional amount and the other terms of the individual interest rate swap agreements. Interest rate swaps with notional amounts totaling $265.0 million and $290.0 million at September 30, 2018 and December 31, 2017, respectively, were designated as cash flow hedges of certain FHLB advances. The swaps were determined to be fully effective during the periods presented and therefore no amount of ineffectiveness has been included in net income. The aggregate fair value of the swaps is recorded in other assets/ (other liabilities), with changes in fair value recorded in other comprehensive income (loss). The amount included in accumulated other comprehensive income (loss) would be reclassified to current earnings should the hedges no longer be considered effective. The Company expects the hedges to remain fully effective during the remaining term of the swaps. The following table summarizes information about the interest rate swaps designated as cash flow hedges at September 30, 2018 and December 31, 2017: (Dollars in thousands) September 30, 2018 December 31, 2017 Notional amounts $ 265,000 $ 290,000 Weighted average pay rates 1.79 % 1.78 % Weighted average receive rates 2.36 % 1.61 % Weighted average maturity 2.09 years 2.64 years Interest income recorded on these swap transactions totaled $374 thousand and $653 thousand for the three and nine months ended September 30, 2018 and interest expense recorded on these swap transactions totaled $369 thousand and $1.1 million for the three and nine months ended September 30, 2017, respectively, and is reported as a component of interest expense on FHLB advances. Amounts reported in accumulated other comprehensive income related to derivatives will be reclassified to interest income/expense as interest payments are made/received on the Company's variable-rate assets/liabilities. During the nine months ended September 30, 2018, the Company had $653 thousand of reclassifications as a reduction to interest expense. During the next twelve months, the Company estimates that $2.2 million will be reclassified as a decrease in interest expense. The following table presents the net gains (losses) recorded in accumulated other comprehensive income and the Consolidated Statements of Income relating to the cash flow derivative instruments for the three and nine months ended September 30, 2018 and 2017: Amount of loss Amount of gain (loss) Amount of gain (loss) recognized in other (In thousands) recognized in OCI reclassified from OCI non-interest income Interest rate contracts (Effective Portion) to interest expense (Ineffective Portion) Three months ended September 30, 2018 $ 584 $ 374 $ — Nine months ended September 30, 2018 $ 4,431 $ 653 $ — Three months ended September 30, 2017 $ 144 $ (369) $ — Nine months ended September 30, 2017 $ (1,216) $ (1,103) $ — The following table reflects the cash flow hedges included in the Consolidated Balance Sheets at the dates indicated: September 30, 2018 December 31, 2017 Fair Fair Fair Fair (In thousands) Notional Value Value Notional Value Value Included in other assets/(liabilities): Amount Asset Liability Amount Asset Liability Interest rate swaps related to FHLB advances $ 265,000 $ 6,510 $ (9) $ 290,000 $ 3,133 $ (410) Non-Designated Hedges Derivatives not designated as hedges may be used to manage the Company's exposure to interest rate movements or to provide service to customers but do not meet the requirements for hedge accounting under U.S. GAAP. The Company executes interest rate swaps with commercial lending customers to facilitate their respective risk management strategies. These interest rate swaps with customers are simultaneously offset by interest rate swaps that the Company executes with a third party in order to minimize the net risk exposure resulting from such transactions. These interest-rate swap agreements do not qualify for hedge accounting treatment, and therefore changes in fair value are reported in current period earnings. The following table presents summary information about these interest rate swaps at September 30, 2018 and December 31, 2017: (Dollars in thousands) September 30, 2018 December 31, 2017 Notional amounts $ 199,641 $ 147,967 Weighted average pay rates 4.40 % 3.96 % Weighted average receive rates 4.40 % 3.96 % Weighted average maturity 12.49 years 12.37 years Fair value of combined interest rate swaps $ — $ — Credit-Risk-Related Contingent Features As of September 30, 2018, the termination value of derivatives in a net asset position, which includes accrued interest but excludes any adjustment for nonperformance risk, related to these agreements was $9.1 million, while there were no derivatives in a net liability position. The Company has minimum collateral posting thresholds with certain of its derivative counterparties. If the termination value of derivatives is a net asset position, the counterparty is required to post collateral against its obligations to the Company under the agreements. However, if the termination value of derivatives is a net liability position, the Company is required to post collateral to the counterparty. At September 30, 2018, the Company received collateral of $9.6 million from its counterparties under the agreements in a net asset position and did not post collateral. If the Company had breached any of these provisions at September 30, 2018, it could have been required to settle its obligations under the agreements at the termination value.

ACCUMULATED OTHER COMPREHENSIVE

ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME	9 Months Ended
	Sep. 30, 2018
ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME
ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME	13. ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME The following table summarizes the components of other comprehensive (loss) income and related income tax effects: Three Months Ended Nine Months Ended (In thousands) September 30, 2018 September 30, 2017 September 30, 2018 September 30, 2017 Unrealized holding (losses) gains on available for sale securities $ (4,319) $ 517 $ (17,137) $ 4,728 Reclassification adjustment for (gains) losses realized in income — (260) 7,921 (260) Income tax effect 1,256 (105) 2,681 (1,773) Net change in unrealized (losses) gains on available for sale securities (3,063) 152 (6,535) 2,695 Reclassification adjustment for amortization realized in income 94 112 284 339 Income tax effect (27) (45) (82) (109) Net change in post-retirement obligation 67 67 202 230 Change in fair value of derivatives used for cash flow hedges 584 144 4,431 (1,216) Reclassification adjustment for (gains) losses realized in income (374) 369 (653) 1,103 Income tax effect (61) (210) (1,099) 43 Net change in unrealized gain (loss) on cash flow hedges 149 303 2,679 (70) Other comprehensive (loss) income $ (2,847) $ 522 $ (3,654) $ 2,855 The following is a summary of the accumulated other comprehensive loss balances, net of income taxes, at the dates indicated: Other December 31, Comprehensive September 30, (In thousands) 2017 Income 2018 Unrealized losses on available for sale securities $ (11,337) $ (6,535) $ (17,872) Unrealized (losses) gains on pension benefits (5,533) 202 (5,331) Unrealized gains on cash flow hedges 1,931 2,679 4,610 Accumulated other comprehensive loss, net of income taxes $ (14,939) $ (3,654) $ (18,593) The following represents the reclassifications out of accumulated other comprehensive (loss) income for the three and nine months ended September 30, 2018 and 2017: Three Months Ended Nine Months Ended Affected Line Item September 30, September 30, September 30, September 30, in the Consolidated (In thousands) 2018 2017 2018 2017 Statements of Income Realized gains (losses) on sale of available for sale securities $ — $ 260 $ (7,921) $ 260 Net securities gains (losses) Amortization of defined benefit pension plan and defined benefit plan component of the SERP: Prior service credit 20 20 58 58 Other operating expenses Transition obligation (1) (7) (3) (21) Other operating expenses Actuarial losses (113) (125) (339) (376) Other operating expenses Realized gains (losses) on cash flow hedges 374 (369) 653 (1,103) Interest expense Total reclassifications, before income tax $ 280 $ (221) $ (7,552) $ (1,182) Income tax (benefit) expense (81) 91 2,197 484 Income tax expense Total reclassifications, net of income tax $ 199 $ (130) $ (5,355) $ (698)

FRAUD LOSS

FRAUD LOSS	9 Months Ended
	Sep. 30, 2018
FRAUD LOSS
FRAUD LOSS	14. FRAUD LOSS The Company incurred a pre-tax charge of $9.5 million in the quarter ended September 30, 2018 relating to the fraudulent conduct of a business customer through its deposit accounts at the Bank. The Company is working with the appropriate law enforcement authorities in connection with this matter. The customer has filed a petition pursuant to Chapter 11 of the bankruptcy code. The Company has put its insurance carrier on notice of a claim for the loss, but the extent and amount of coverage is not yet certain.

RECENT ACCOUNTING PRONOUNCEMENT

RECENT ACCOUNTING PRONOUNCEMENTS	9 Months Ended
	Sep. 30, 2018
RECENT ACCOUNTING PRONOUNCEMENTS
RECENT ACCOUNTING PRONOUNCEMENTS	15. RECENT ACCOUNTING PRONOUNCEMENTS Adoption of Accounting Standards Effective in 2018 Accounting Standards Update (“ASU”) 2014‑09, Revenue from Contracts with Customers (Topic 606) On January 1, 2018, the Company adopted ASU 2014‑09 and all subsequent amendments to the ASU (collectively, Accounting Standards Codification 606 (“ASC 606”), which (i) creates a single framework for recognizing revenue from contracts with customers that fall within its scope and (ii) revises when it is appropriate to recognize a gain (loss) from the transfer of nonfinancial assets, such as other real estate owned. These amendments are effective for public business entities for annual reporting periods beginning after December 15, 2017, including interim periods within that reporting period. The majority of the Company's revenues come from interest income and other sources that are outside the scope of ASC 606. The Company's services that fall within the scope of ASC 606 are presented in services charges and other fees within non-interest income and are recognized as revenue as the Company satisfies its obligations to its customers. The Company adopted ASC 606 using the modified retrospective method applied to all contracts not completed as of January 1, 2018. Results for reporting periods beginning after January 1, 2018 are presented under ASC 606, while prior period amounts continue to be reported in accordance with legacy GAAP. The adoption of ASC 606 did not result in a change to the accounting for any in-scope revenue streams; as such, no cumulative effect adjustment to retained earnings was recorded at January 1, 2018. The Company evaluated its customer contracts, which are typically day-to-day contracts where each day represents a renewal of the contract. The Company's revenue streams accounted for under ASC 606 primarily consist of service charges on deposit accounts and fees for other customer services. The Company's revenues from transaction-based fees, such as overdraft fees, ATM use fees, stop payment charges, and ACH fees are recognized at the time the transaction is executed, which is the point in time the Company fulfills the customer's request and satisfies the performance obligation. Account maintenance fees, which relate primarily to monthly service charges, are earned over the course of the month, representing the same period over which the Company satisfies the performance obligation. The Company earns revenues from interchange fees from debit cardholder transactions conducted through the MasterCard payment network. Interchange fees from cardholder transactions are recognized daily, concurrently with the services provided to the cardholder. As a result of the Company's assessment ASC 606, there is no change in the amount and timing of revenue recognized in the nine months ended September 30, 2018. ASU 2016‑01, Financial Instruments – Overall (Subtopic 825‑10): Recognition and Measurement of Financial Assets and Financial Liabilities In January 2016, the FASB amended existing guidance that requires equity investments (except those accounted for under the equity method of accounting, or those that result in consolidation of the investee) to be measured at fair value with changes in fair value recognized in net income. ASU 2016‑01 requires public business entities to use the exit price notion when measuring the fair value of financial instruments for disclosure purposes. The amendments require separate presentation of financial assets and financial liabilities by measurement category and form of financial asset (i.e., securities or loans and receivables). ASU 2016‑01 eliminates the requirement for public business entities to disclose the methods and significant assumptions used to estimate the fair value that is required to be disclosed for financial instruments measured at amortized cost. These amendments are effective for public business entities for fiscal years beginning after December 31, 2017, including interim periods within those fiscal years. The adoption of this standard did not have a material effect on the Company's operating results or financial condition; however, it did impact the fair value disclosures included in Note 5. ASU 2017‑07, Compensation - Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost In March 2017, the FASB amended existing guidance to improve the presentation of net periodic pension cost and net periodic postretirement benefit cost. The amendments require that an employer report the service cost component in the same line item or items as other compensation costs arising from services rendered by the pertinent employees during the period. The other components of net benefit costs are required to be presented in the income statement separately from the service cost component and outside a subtotal of income from operations, if one is presented. The line item used in the income statement to present the other components of net benefit cost must be disclosed. Additionally, only the service cost component of net benefit cost is eligible for capitalization, if applicable. For public business entities, like the Company, ASU 2017‑07 was effective for annual periods beginning after December 15, 2017, including interim periods within those periods. The amendments should be applied retrospectively for the presentation of the service cost component and the other components of net periodic pension cost and net periodic postretirement benefit cost in the income statement. The amendments allow a practical expedient that permits an employer to use the amounts disclosed in its pension and postretirement benefit plan note for the prior comparative periods as the estimation basis for applying the retrospective presentation requirements. The amendment requires disclosure that the practical expedient was used. The Company adopted the guidance in the first quarter of 2018 using the practical expedient for prior comparative periods. The change in presentation did not impact the Company's operating results or financial condition. Refer to Note 8. Pension and Postretirement Plans for further details of the components of net periodic benefit cost. ASU 2017‑09, Compensation – Stock Compensation (Topic 718) – Scope of Modification Accounting In May 2017, the FASB provided guidance about which changes to the terms or conditions of a share-based payment award require an entity to apply modification accounting in Topic 718. The current disclosure requirements in Topic 718 apply regardless of whether an entity is required to apply modification accounting under the amendments in ASU 2017‑09. The amendments in ASU 2017‑09 are effective for all entities for annual periods, and interim periods within those annual periods, beginning after December 15, 2017. Early adoption is permitted, including adoption in any interim period, for reporting periods for which financial statements have not yet been issued. The amendments should be applied prospectively to an award modified on or after the adoption date. The adoption of ASU 2017‑09 did not impact the Company's Consolidated Financial Statements. Standards Effective in 2019 ASU 2016‑02, ASU 2018-11, Leases (Topic 842) In February 2016, the FASB amended existing guidance that requires lessees recognize the following for all leases (with the exception of short-term leases) at the commencement date (1) A lease liability, which is a lessee's obligation to make lease payments arising from a lease, measured on a discounted basis; and (2) A right-of-use asset, which is an asset that represents the lessee's right to use, or control the use of, a specified asset for the lease term. Under the new guidance, lessor accounting is largely unchanged. Certain targeted improvements were made to align, where necessary, the lessor accounting model and Topic 606, Revenue from Contracts with Customers . ASU 2016‑02 is effective for public business entities for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. Early application is permitted. Lessees (for capital and operating leases) and lessors (for sales-type, direct financing, and operating leases) must apply a modified retrospective transition approach for leases existing at, or entered into after, the beginning of the earliest comparative period presented in the financial statements. The modified retrospective approach would not require any transition accounting for leases that expired before the earliest comparative period presented. Lessees and lessors may not apply a full retrospective transition approach. In July 2018, the FASB issued ASU 2018-11 to provide another transition method in addition to the existing transition method by allowing entities to initially apply the new leases standard at the adoption date (such as January 1, 2019, for calendar-year-end public business entities) and recognize a cumulative-effect adjustment to the opening balance of retained earnings in the period of adoption. The Company expects to apply the new leases standard at the January 1, 2019 adoption date. The Company is currently evaluating the impact of ASU 2016‑02 on the consolidated financial statements. Based on leases outstanding at September 30, 2018, the Company does not expect the updates to have a material impact on the income statement, but does anticipate the adoption of ASU 2016‑02 will result in an increase in the Company's Consolidated Balance Sheets as a result of recognizing right-of-use assets and lease liabilities. ASU 2017‑12, Derivatives and Hedging (Topic 815): Targeted Improvements to Accounting for Hedging Activities In August 2017, the FASB provided guidance to improve the financial reporting of hedging relationships to better portray the economic results of an entity's risk management activities in its financial statements. The amendments also simplify the application of the hedge accounting guidance. The amendments in the ASU better align an entity's risk management activities and financial reporting for hedging relationships through changes in both the designation and measurement guidance for qualifying hedging relationships and the presentation of hedge results. The amendments expand and refine hedge accounting for both nonfinancial and financial risk components and align the recognition and presentation of the effects of the hedging instrument and the hedged item in the financial statements. The amendments in this ASU are effective for fiscal years beginning after December 15, 2018, and interim periods within those fiscal years, with early adoption, including adoption in an interim period, permitted. ASU 2017‑12 requires a modified retrospective transition method in which the Company will recognize the cumulative effect of the change on the opening balance of each affected component of equity in the consolidated balance sheet as of the date of adoption. While the Company continues to assess all potential impacts of the standard, ASU 2017‑12 is not expected to have a material impact on the Company's Consolidated Financial Statements. Standards Effective in 2020 ASU 2016‑13, Financial Instruments – Credit Losses (Topic 326) In June 2016, FASB issued guidance to replace the incurred loss model with an expected loss model, which is referred to as the current expected credit loss (“CECL”) model. The CECL model is applicable to the measurement of credit losses on financial assets measured at amortized cost, including loan receivables, held-to maturity debt securities, and reinsurance receivables. It also applies to off-balance sheet credit exposures not accounted for as insurance (loan commitments, standby letters of credit, financial guarantees, and other similar instruments) and net investments in leases recognized by a lessor. For public business entities that meet the definition of an SEC filer, like the Company, the standard is effective for fiscal years beginning after December 15, 2019, including interim periods within those fiscal years. All entities may early adopt for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. The Company plans to adopt ASU 2016‑13 in the first quarter of 2020 using the required modified retrospective method with a cumulative effect adjustment as of the beginning of the reporting period. The Company has created a cross-functional committee responsible for evaluating the impact of adopting ASU 2016‑13, assessing data and system needs, and implementing required changes to loss estimation methods under the CECL model. The Company cannot yet determine the overall impact this guidance will have on the Company's Consolidated Financial Statements. ASU 2017‑04 , Intangibles – Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment In January 2017, the FASB amended existing guidance to simplify the subsequent measurement of goodwill by eliminating Step 2 from the goodwill impairment test. The amendments require an entity to perform its annual, or interim, goodwill impairment test by comparing the fair value of a reporting unit with its carrying amount and recognizing an impairment charge for the amount by which the carrying amount of the reporting unit exceeds its fair value, not to exceed the total amount of goodwill allocated to that reporting unit. The amendments also eliminate the requirement for any reporting unit with a zero or negative carrying amount to perform a qualitative assessment and, if it fails that qualitative test, to perform Step 2 of the goodwill impairment test. The amendments are effective for public business entities that are an SEC filer, like the Company, for annual or interim goodwill impairment tests in fiscal years beginning after December 15, 2019. Early adoption is permitted for interim or annual goodwill impairment tests performed on testing dates after January 1, 2017. The amendments should be applied prospectively. An entity is required to disclose the nature of and reason for the change in accounting principle upon transition in the first annual period and in the interim period within the first annual period when the entity initially adopts the amendments. The adoption of ASU 2017‑04 is not expected to have a material effect on the Company's Consolidated Financial Statements. ASU 2018‑15 , Intangibles – Goodwill and Other – Internal-Use Software (Subtopic 350-40): Customer’s Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That is a Service Contract In August 2018, the FASB provided additional guidance on the accounting for costs of implementation activities performed in a cloud computing arrangement that is a service contract. Because the guidance in the FASB Accounting Standards Codification is not explicit in that area, the FASB decided to issue this ASU to address the resulting diversity in practice. The amendments in this ASU align the requirements for capitalizing implementation costs incurred in a hosting arrangement that is a service contract with the requirements for capitalizing implementation costs incurred to develop or obtain internal-use software (and hosting arrangements that include an internal-use software license). Accordingly, the amendments in ASU 2018-15 clarify and align the accounting for implementation costs for hosting arrangements, regardless of whether they convey a license to the hosted software. The amendments in ASU 2018-15 are effective for public business entities, like the Company, for fiscal years beginning after December 15, 2019, and interim periods within those fiscal years. Early adoption of the amendments in ASU 2018-15 is permitted, including adoption in any interim period. The amendments in ASU 2018-15 should be applied either retrospectively or prospectively to all implementation costs incurred after the date of adoption. The adoption of ASU 2018‑15 is not expected to have a material effect on the Company's Consolidated Financial Statements.

Accounting Policies (Policies)

Accounting Policies (Policies)	9 Months Ended
	Sep. 30, 2018
Accounting Policies [Abstract]
BASIS OF PRESENTATION	Bridge Bancorp, Inc. (the “Registrant” or “Company”), is a registered bank holding company for BNB Bank (the “Bank”), which was formerly known as The Bridgehampton National Bank prior to the Bank's conversion to a New York chartered commercial bank in December 2017. The Registrant was incorporated under the laws of the State of New York in 1988, at the direction of the Board of Directors of the Bank for the purpose of becoming a bank holding company pursuant to a plan of reorganization under which the former shareholders of the Bank became the shareholders of the Company. Since commencing business in March 1989, after the reorganization, the Registrant has functioned primarily as the holder of all of the Bank's common stock. In May 1999, the Bank established a real estate investment trust subsidiary, Bridgehampton Community, Inc. (“BCI”), as an operating subsidiary. The assets transferred to BCI are viewed by the bank regulators as part of the Bank's assets in consolidation. The operations of the Bank also include Bridge Abstract LLC (“Bridge Abstract”), a wholly owned subsidiary of the Bank, which is a broker of title insurance services and Bridge Financial Services LLC (“Bridge Financial Services”), an investment services subsidiary that was formed in March 2014. The Company formed Bridge Statutory Capital Trust II (the “Trust”) as a subsidiary in 2009, which sold $16.0 million of 8.5% cumulative convertible Trust Preferred Securities (the “Trust Preferred Securities”) in a private placement to accredited investors. The Trust Preferred Securities were redeemed effective January 18, 2017 and the Trust was cancelled effective April 24, 2017 . The accompanying Unaudited Consolidated Financial Statements, which include the accounts of the Company and its wholly-owned subsidiary, the Bank, have been prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) for interim financial information and with the instructions to Form 10‑Q and Article 10 of Regulation S-X. The Unaudited Consolidated Financial Statements included herein reflect all normal recurring adjustments that are, in the opinion of management, necessary for a fair presentation of the results for the interim periods presented. In preparing the interim financial statements, management has made estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expense during the reported periods. Such estimates are subject to change in the future as additional information becomes available or previously existing circumstances are modified. Actual future results could differ significantly from those estimates. The annualized results of operations for the nine months ended September 30, 2018 are not necessarily indicative of the results of operations that may be expected for the entire fiscal year. Certain information and note disclosures normally included in the financial statements prepared in accordance with GAAP have been condensed or omitted pursuant to the rules and regulations of the Securities and Exchange Commission (the “SEC”). Certain reclassifications have been made to prior year amounts, and the related discussion and analysis, to conform to the current year presentation. These reclassifications did not have an impact on net income or total stockholders' equity. The Unaudited Consolidated Financial Statements should be read in conjunction with the Audited Consolidated Financial Statements and notes thereto included in the Company's Annual Report on Form 10‑K for the year ended December 31, 2017.
RECENT ACCOUNTING PRONOUNCEMENTS	Adoption of Accounting Standards Effective in 2018 Accounting Standards Update (“ASU”) 2014‑09, Revenue from Contracts with Customers (Topic 606) On January 1, 2018, the Company adopted ASU 2014‑09 and all subsequent amendments to the ASU (collectively, Accounting Standards Codification 606 (“ASC 606”), which (i) creates a single framework for recognizing revenue from contracts with customers that fall within its scope and (ii) revises when it is appropriate to recognize a gain (loss) from the transfer of nonfinancial assets, such as other real estate owned. These amendments are effective for public business entities for annual reporting periods beginning after December 15, 2017, including interim periods within that reporting period. The majority of the Company's revenues come from interest income and other sources that are outside the scope of ASC 606. The Company's services that fall within the scope of ASC 606 are presented in services charges and other fees within non-interest income and are recognized as revenue as the Company satisfies its obligations to its customers. The Company adopted ASC 606 using the modified retrospective method applied to all contracts not completed as of January 1, 2018. Results for reporting periods beginning after January 1, 2018 are presented under ASC 606, while prior period amounts continue to be reported in accordance with legacy GAAP. The adoption of ASC 606 did not result in a change to the accounting for any in-scope revenue streams; as such, no cumulative effect adjustment to retained earnings was recorded at January 1, 2018. The Company evaluated its customer contracts, which are typically day-to-day contracts where each day represents a renewal of the contract. The Company's revenue streams accounted for under ASC 606 primarily consist of service charges on deposit accounts and fees for other customer services. The Company's revenues from transaction-based fees, such as overdraft fees, ATM use fees, stop payment charges, and ACH fees are recognized at the time the transaction is executed, which is the point in time the Company fulfills the customer's request and satisfies the performance obligation. Account maintenance fees, which relate primarily to monthly service charges, are earned over the course of the month, representing the same period over which the Company satisfies the performance obligation. The Company earns revenues from interchange fees from debit cardholder transactions conducted through the MasterCard payment network. Interchange fees from cardholder transactions are recognized daily, concurrently with the services provided to the cardholder. As a result of the Company's assessment ASC 606, there is no change in the amount and timing of revenue recognized in the nine months ended September 30, 2018. ASU 2016‑01, Financial Instruments – Overall (Subtopic 825‑10): Recognition and Measurement of Financial Assets and Financial Liabilities In January 2016, the FASB amended existing guidance that requires equity investments (except those accounted for under the equity method of accounting, or those that result in consolidation of the investee) to be measured at fair value with changes in fair value recognized in net income. ASU 2016‑01 requires public business entities to use the exit price notion when measuring the fair value of financial instruments for disclosure purposes. The amendments require separate presentation of financial assets and financial liabilities by measurement category and form of financial asset (i.e., securities or loans and receivables). ASU 2016‑01 eliminates the requirement for public business entities to disclose the methods and significant assumptions used to estimate the fair value that is required to be disclosed for financial instruments measured at amortized cost. These amendments are effective for public business entities for fiscal years beginning after December 31, 2017, including interim periods within those fiscal years. The adoption of this standard did not have a material effect on the Company's operating results or financial condition; however, it did impact the fair value disclosures included in Note 5. ASU 2017‑07, Compensation - Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost In March 2017, the FASB amended existing guidance to improve the presentation of net periodic pension cost and net periodic postretirement benefit cost. The amendments require that an employer report the service cost component in the same line item or items as other compensation costs arising from services rendered by the pertinent employees during the period. The other components of net benefit costs are required to be presented in the income statement separately from the service cost component and outside a subtotal of income from operations, if one is presented. The line item used in the income statement to present the other components of net benefit cost must be disclosed. Additionally, only the service cost component of net benefit cost is eligible for capitalization, if applicable. For public business entities, like the Company, ASU 2017‑07 was effective for annual periods beginning after December 15, 2017, including interim periods within those periods. The amendments should be applied retrospectively for the presentation of the service cost component and the other components of net periodic pension cost and net periodic postretirement benefit cost in the income statement. The amendments allow a practical expedient that permits an employer to use the amounts disclosed in its pension and postretirement benefit plan note for the prior comparative periods as the estimation basis for applying the retrospective presentation requirements. The amendment requires disclosure that the practical expedient was used. The Company adopted the guidance in the first quarter of 2018 using the practical expedient for prior comparative periods. The change in presentation did not impact the Company's operating results or financial condition. Refer to Note 8. Pension and Postretirement Plans for further details of the components of net periodic benefit cost. ASU 2017‑09, Compensation – Stock Compensation (Topic 718) – Scope of Modification Accounting In May 2017, the FASB provided guidance about which changes to the terms or conditions of a share-based payment award require an entity to apply modification accounting in Topic 718. The current disclosure requirements in Topic 718 apply regardless of whether an entity is required to apply modification accounting under the amendments in ASU 2017‑09. The amendments in ASU 2017‑09 are effective for all entities for annual periods, and interim periods within those annual periods, beginning after December 15, 2017. Early adoption is permitted, including adoption in any interim period, for reporting periods for which financial statements have not yet been issued. The amendments should be applied prospectively to an award modified on or after the adoption date. The adoption of ASU 2017‑09 did not impact the Company's Consolidated Financial Statements. Standards Effective in 2019 ASU 2016‑02, ASU 2018-11, Leases (Topic 842) In February 2016, the FASB amended existing guidance that requires lessees recognize the following for all leases (with the exception of short-term leases) at the commencement date (1) A lease liability, which is a lessee's obligation to make lease payments arising from a lease, measured on a discounted basis; and (2) A right-of-use asset, which is an asset that represents the lessee's right to use, or control the use of, a specified asset for the lease term. Under the new guidance, lessor accounting is largely unchanged. Certain targeted improvements were made to align, where necessary, the lessor accounting model and Topic 606, Revenue from Contracts with Customers . ASU 2016‑02 is effective for public business entities for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. Early application is permitted. Lessees (for capital and operating leases) and lessors (for sales-type, direct financing, and operating leases) must apply a modified retrospective transition approach for leases existing at, or entered into after, the beginning of the earliest comparative period presented in the financial statements. The modified retrospective approach would not require any transition accounting for leases that expired before the earliest comparative period presented. Lessees and lessors may not apply a full retrospective transition approach. In July 2018, the FASB issued ASU 2018-11 to provide another transition method in addition to the existing transition method by allowing entities to initially apply the new leases standard at the adoption date (such as January 1, 2019, for calendar-year-end public business entities) and recognize a cumulative-effect adjustment to the opening balance of retained earnings in the period of adoption. The Company expects to apply the new leases standard at the January 1, 2019 adoption date. The Company is currently evaluating the impact of ASU 2016‑02 on the consolidated financial statements. Based on leases outstanding at September 30, 2018, the Company does not expect the updates to have a material impact on the income statement, but does anticipate the adoption of ASU 2016‑02 will result in an increase in the Company's Consolidated Balance Sheets as a result of recognizing right-of-use assets and lease liabilities. ASU 2017‑12, Derivatives and Hedging (Topic 815): Targeted Improvements to Accounting for Hedging Activities In August 2017, the FASB provided guidance to improve the financial reporting of hedging relationships to better portray the economic results of an entity's risk management activities in its financial statements. The amendments also simplify the application of the hedge accounting guidance. The amendments in the ASU better align an entity's risk management activities and financial reporting for hedging relationships through changes in both the designation and measurement guidance for qualifying hedging relationships and the presentation of hedge results. The amendments expand and refine hedge accounting for both nonfinancial and financial risk components and align the recognition and presentation of the effects of the hedging instrument and the hedged item in the financial statements. The amendments in this ASU are effective for fiscal years beginning after December 15, 2018, and interim periods within those fiscal years, with early adoption, including adoption in an interim period, permitted. ASU 2017‑12 requires a modified retrospective transition method in which the Company will recognize the cumulative effect of the change on the opening balance of each affected component of equity in the consolidated balance sheet as of the date of adoption. While the Company continues to assess all potential impacts of the standard, ASU 2017‑12 is not expected to have a material impact on the Company's Consolidated Financial Statements. Standards Effective in 2020 ASU 2016‑13, Financial Instruments – Credit Losses (Topic 326) In June 2016, FASB issued guidance to replace the incurred loss model with an expected loss model, which is referred to as the current expected credit loss (“CECL”) model. The CECL model is applicable to the measurement of credit losses on financial assets measured at amortized cost, including loan receivables, held-to maturity debt securities, and reinsurance receivables. It also applies to off-balance sheet credit exposures not accounted for as insurance (loan commitments, standby letters of credit, financial guarantees, and other similar instruments) and net investments in leases recognized by a lessor. For public business entities that meet the definition of an SEC filer, like the Company, the standard is effective for fiscal years beginning after December 15, 2019, including interim periods within those fiscal years. All entities may early adopt for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. The Company plans to adopt ASU 2016‑13 in the first quarter of 2020 using the required modified retrospective method with a cumulative effect adjustment as of the beginning of the reporting period. The Company has created a cross-functional committee responsible for evaluating the impact of adopting ASU 2016‑13, assessing data and system needs, and implementing required changes to loss estimation methods under the CECL model. The Company cannot yet determine the overall impact this guidance will have on the Company's Consolidated Financial Statements. ASU 2017‑04 , Intangibles – Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment In January 2017, the FASB amended existing guidance to simplify the subsequent measurement of goodwill by eliminating Step 2 from the goodwill impairment test. The amendments require an entity to perform its annual, or interim, goodwill impairment test by comparing the fair value of a reporting unit with its carrying amount and recognizing an impairment charge for the amount by which the carrying amount of the reporting unit exceeds its fair value, not to exceed the total amount of goodwill allocated to that reporting unit. The amendments also eliminate the requirement for any reporting unit with a zero or negative carrying amount to perform a qualitative assessment and, if it fails that qualitative test, to perform Step 2 of the goodwill impairment test. The amendments are effective for public business entities that are an SEC filer, like the Company, for annual or interim goodwill impairment tests in fiscal years beginning after December 15, 2019. Early adoption is permitted for interim or annual goodwill impairment tests performed on testing dates after January 1, 2017. The amendments should be applied prospectively. An entity is required to disclose the nature of and reason for the change in accounting principle upon transition in the first annual period and in the interim period within the first annual period when the entity initially adopts the amendments. The adoption of ASU 2017‑04 is not expected to have a material effect on the Company's Consolidated Financial Statements. ASU 2018‑15 , Intangibles – Goodwill and Other – Internal-Use Software (Subtopic 350-40): Customer’s Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That is a Service Contract In August 2018, the FASB provided additional guidance on the accounting for costs of implementation activities performed in a cloud computing arrangement that is a service contract. Because the guidance in the FASB Accounting Standards Codification is not explicit in that area, the FASB decided to issue this ASU to address the resulting diversity in practice. The amendments in this ASU align the requirements for capitalizing implementation costs incurred in a hosting arrangement that is a service contract with the requirements for capitalizing implementation costs incurred to develop or obtain internal-use software (and hosting arrangements that include an internal-use software license). Accordingly, the amendments in ASU 2018-15 clarify and align the accounting for implementation costs for hosting arrangements, regardless of whether they convey a license to the hosted software. The amendments in ASU 2018-15 are effective for public business entities, like the Company, for fiscal years beginning after December 15, 2019, and interim periods within those fiscal years. Early adoption of the amendments in ASU 2018-15 is permitted, including adoption in any interim period. The amendments in ASU 2018-15 should be applied either retrospectively or prospectively to all implementation costs incurred after the date of adoption. The adoption of ASU 2018‑15 is not expected to have a material effect on the Company's Consolidated Financial Statements.

EARNINGS PER SHARE (Tables)

EARNINGS PER SHARE (Tables)	9 Months Ended
	Sep. 30, 2018
EARNINGS PER SHARE
Schedule of computation of EPS	Three Months Ended Nine Months Ended September 30, September 30, (In thousands, except per share data) 2018 2017 2018 2017 Net income $ 6,547 $ 9,443 $ 25,363 $ 27,455 Dividends paid on and earnings allocated to participating securities (145) (197) (550) (557) Income attributable to common stock $ 6,402 $ 9,246 $ 24,813 $ 26,898 Weighted average common shares outstanding, including participating securities 19,890 19,793 19,869 19,748 Weighted average participating securities (438) (412) (435) (405) Weighted average common shares outstanding 19,452 19,381 19,434 19,343 Basic earnings per common share $ 0.33 $ 0.48 $ 1.28 $ 1.39 Income attributable to common stock $ 6,402 $ 9,246 $ 24,813 $ 26,898 Impact of assumed conversions - interest on 8.5% trust preferred securities — — — 32 Income attributable to common stock including assumed conversions $ 6,402 $ 9,246 $ 24,813 $ 26,930 Weighted average common shares outstanding 19,452 19,381 19,434 19,343 Incremental shares from assumed conversions of options and restricted stock units 33 25 27 21 Incremental shares from assumed conversions of 8.5% trust preferred securities — — — 23 Weighted average common and equivalent shares outstanding 19,485 19,406 19,461 19,387 Diluted earnings per common share $ 0.33 $ 0.48 $ 1.28 $ 1.39

STOCK BASED COMPENSATION PLANS

STOCK BASED COMPENSATION PLANS (Tables)	9 Months Ended
	Sep. 30, 2018
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Schedule of company's stock options	Weighted Weighted Average Number Average Remaining Aggregate of Exercise Contractual Intrinsic (Dollars in thousands, except per share amounts) Options Price Life Value Outstanding, January 1, 2018 — $ — Granted 47,393 36.19 Outstanding, September 30, 2018 47,393 $ 36.19 9.4 years $ — Vested and Exercisable, September 30, 2018 — $ — $ — $ — Weighted Number of Average Range of Exercise Prices Options Exercise Price $36.19 47,393 $ 36.19 47,393 $ 36.19
Restricted stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Schedule of status of unvested restricted stock	Weighted Average Grant-Date Shares Fair Value Unvested, January 1, 2018 317,692 $ 27.16 Granted 83,282 33.01 Vested (59,600) 23.94 Forfeited (6,107) 29.94 Unvested, September 30, 2018 335,267 $ 29.14
Restricted stock units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Schedule of status of unvested restricted stock	83 Weighted Average Grant-Date Shares Fair Value Unvested, January 1, 2018 68,776 $ 24.46 Granted 21,693 33.23 Reinvested dividends 1,486 26.47 Forfeited (13,333) 21.85 Unvested, September 30, 2018 78,622 $ 27.36

SECURITIES (Tables)

SECURITIES (Tables)	9 Months Ended
	Sep. 30, 2018
SECURITIES
Schedule of amortized cost and fair value of the available for sale and held to maturity	September 30, 2018 Gross Gross Estimated Amortized Unrealized Unrealized Fair (In thousands) Cost Gains Losses Value Available for sale: U.S. GSE securities $ 29,997 $ — $ (1,453) $ 28,544 State and municipal obligations 35,772 40 (640) 35,172 U.S. GSE residential mortgage-backed securities 96,967 5 (4,242) 92,730 U.S. GSE residential collateralized mortgage obligations 356,644 — (11,335) 345,309 U.S. GSE commercial mortgage-backed securities 3,560 — (80) 3,480 U.S. GSE commercial collateralized mortgage obligations 93,875 — (3,206) 90,669 Other asset backed securities 24,250 — (728) 23,522 Corporate bonds 46,000 — (3,564) 42,436 Total available for sale 687,065 45 (25,248) 661,862 Held to maturity: State and municipal obligations 55,828 327 (664) 55,491 U.S. GSE residential mortgage-backed securities 10,042 — (481) 9,561 U.S. GSE residential collateralized mortgage obligations 49,470 22 (1,766) 47,726 U.S. GSE commercial mortgage-backed securities 19,285 — (973) 18,312 U.S. GSE commercial collateralized mortgage obligations 29,813 — (1,659) 28,154 Total held to maturity 164,438 349 (5,543) 159,244 Total securities $ 851,503 $ 394 $ (30,791) $ 821,106 December 31, 2017 Gross Gross Estimated Amortized Unrealized Unrealized Fair (In thousands) Cost Gains Losses Value Available for sale: U.S. GSE securities $ 57,994 $ — $ (1,180) $ 56,814 State and municipal obligations 87,582 259 (819) 87,022 U.S. GSE residential mortgage-backed securities 189,705 29 (2,833) 186,901 U.S. GSE residential collateralized mortgage obligations 314,390 16 (7,016) 307,390 U.S. GSE commercial mortgage-backed securities 6,017 2 (40) 5,979 U.S. GSE commercial collateralized mortgage obligations 49,965 — (1,249) 48,716 Other asset backed securities 24,250 — (849) 23,401 Corporate bonds 46,000 — (2,307) 43,693 Total available for sale 775,903 306 (16,293) 759,916 Held to maturity: State and municipal obligations 60,762 972 (64) 61,670 U.S. GSE residential mortgage-backed securities 11,424 — (261) 11,163 U.S. GSE residential collateralized mortgage obligations 54,250 244 (666) 53,828 U.S. GSE commercial mortgage-backed securities 22,953 77 (438) 22,592 U.S. GSE commercial collateralized mortgage obligations 31,477 — (845) 30,632 Total held to maturity 180,866 1,293 (2,274) 179,885 Total securities $ 956,769 $ 1,599 $ (18,567) $ 939,801
Schedule of amortized cost, fair value and maturities of the available for sale and held to maturity investment securities portfolio	September 30, 2018 Estimated (In thousands) Amortized Cost Fair Value Maturity Available for sale: Within one year $ 8,494 $ 8,460 One to five years 28,236 27,372 Five to ten years 83,273 78,442 Beyond ten years 567,062 547,588 Total $ 687,065 $ 661,862 Held to maturity: Within one year $ 1,941 $ 1,937 One to five years 29,223 28,950 Five to ten years 50,267 49,105 Beyond ten years 83,007 79,252 Total $ 164,438 $ 159,244
Schedule of securities having a continuous unrealized loss position aggregated by a period of time less than or greater than 12 months	September 30, 2018 Less than 12 months Greater than 12 months Estimated Gross Estimated Gross Fair Unrealized Fair Unrealized (In thousands) Value Losses Value Losses Available for sale: U.S. GSE securities $ — $ — $ 28,544 $ (1,453) State and municipal obligations 16,037 (190) 15,948 (450) U.S. GSE residential mortgage-backed securities 14,098 (640) 77,169 (3,602) U.S. GSE residential collateralized mortgage obligations 192,703 (2,953) 152,607 (8,382) U.S. GSE commercial mortgage-backed securities 3,480 (80) — — U.S. GSE commercial collateralized mortgage obligations 46,569 (814) 44,099 (2,392) Other asset backed securities — — 23,522 (728) Corporate bonds — — 42,435 (3,564) Total available for sale $ 272,887 $ (4,677) $ 384,324 $ (20,571) Held to maturity: State and municipal obligations $ 28,515 $ (564) $ 2,466 $ (100) U.S. GSE residential mortgage-backed securities — — 9,561 (481) U.S. GSE residential collateralized mortgage obligations 16,116 (527) 28,963 (1,239) U.S. GSE commercial mortgage-backed securities 5,946 (138) 12,366 (835) U.S. GSE commercial collateralized mortgage obligations 58 — 28,096 (1,659) Total held to maturity $ 50,635 $ (1,229) $ 81,452 $ (4,314) December 31, 2017 Less than 12 months Greater than 12 months Estimated Gross Estimated Gross Fair Unrealized Fair Unrealized (In thousands) Value Losses Value Losses Available for sale: U.S. GSE securities $ — $ — $ 56,815 $ (1,180) State and municipal obligations 35,350 (301) 28,165 (518) U.S. GSE residential mortgage-backed securities 107,408 (1,153) 69,571 (1,680) U.S. GSE residential collateralized mortgage obligations 77,705 (759) 224,932 (6,257) U.S. GSE commercial mortgage-backed securities 2,345 (40) — — U.S. GSE commercial collateralized mortgage obligations 452 (1) 48,264 (1,248) Other asset backed securities — — 23,401 (849) Corporate bonds 13,588 (412) 30,105 (1,895) Total available for sale $ 236,848 $ (2,666) $ 481,253 $ (13,627) Held to maturity: State and municipal obligations $ 7,709 $ (57) $ 1,009 $ (7) U.S. GSE residential mortgage-backed securities 1,359 (16) 9,804 (245) U.S. GSE residential collateralized mortgage obligations 21,329 (94) 21,112 (572) U.S. GSE commercial mortgage-backed securities 8,789 (121) 8,303 (317) U.S. GSE commercial collateralized mortgage obligations 10,341 (116) 20,290 (729) Total held to maturity $ 49,527 $ (404) $ 60,518 $ (1,870)

FAIR VALUE (Tables)

FAIR VALUE (Tables)	9 Months Ended
	Sep. 30, 2018
FAIR VALUE
Schedule of assets and liabilities measured on a recurring basis	September 30, 2018 Fair Value Measurements Using: Quoted Prices In Active Significant Markets for Other Significant Identical Observable Unobservable Carrying Assets Inputs Inputs (In thousands) Value (Level 1) (Level 2) (Level 3) Financial assets: Available for sale securities: U.S. GSE securities $ 28,544 $ 28,544 State and municipal obligations 35,172 35,172 U.S. GSE residential mortgage-backed securities 92,730 92,730 U.S. GSE residential collateralized mortgage obligations 345,309 345,309 U.S. GSE commercial mortgage-backed securities 3,480 3,480 U.S. GSE commercial collateralized mortgage obligations 90,669 90,669 Other asset backed securities 23,522 23,522 Corporate bonds 42,436 42,436 Total available for sale securities $ 661,862 $ 661,862 Derivatives $ 9,865 $ 9,865 Financial liabilities: Derivatives $ 3,364 $ 3,364 December 31, 2017 Fair Value Measurements Using: Quoted Prices In Active Significant Markets for Other Significant Identical Observable Unobservable Carrying Assets Inputs Inputs (In thousands) Value (Level 1) (Level 2) (Level 3) Financial assets: Available for sale securities: U.S. GSE securities $ 56,814 $ 56,814 State and municipal obligations 87,022 87,022 U.S. GSE residential mortgage-backed securities 186,901 186,901 U.S. GSE residential collateralized mortgage obligations 307,390 307,390 U.S. GSE commercial mortgage-backed securities 5,979 5,979 U.S. GSE commercial collateralized mortgage obligations 48,716 48,716 Other asset backed securities 23,401 23,401 Corporate bonds 43,693 43,693 Total available for sale securities $ 759,916 $ 759,916 Derivatives $ 4,546 $ 4,546 Financial liabilities: Derivatives $ 1,823 $ 1,823
Schedule of assets measured at fair value on a non-recurring basis	September 30, 2018 Fair Value Measurements Using: Quoted Prices In Active Significant Markets for Other Significant Identical Observable Unobservable Carrying Assets Inputs Inputs (In thousands) Value (Level 1) (Level 2) (Level 3) Impaired loans $ — $ — Other real estate owned $ 175 $ 175 December 31, 2017 Fair Value Measurements Using: Quoted Prices In Active Significant Markets for Other Significant Identical Observable Unobservable Carrying Assets Inputs Inputs (In thousands) Value (Level 1) (Level 2) (Level 3) Impaired loans $ — $ — Other real estate owned $ — $ —
Schedule of estimated fair values and recorded carrying values of financial instruments	September 30, 2018 Fair Value Measurements Using: Significant Quoted Prices In Other Significant Active Markets for Observable Unobservable Carrying Identical Assets Inputs Inputs Total (In thousands) Amount (Level 1) (Level 2) (Level 3) Fair Value Financial assets: Cash and due from banks $ 63,687 $ 63,687 $ — $ — $ 63,687 Interest earning deposits with banks 61,414 61,414 — — 61,414 Securities available for sale 661,862 — 661,862 — 661,862 Securities restricted 25,162 n/a n/a n/a n/a Securities held to maturity 164,438 — 159,244 — 159,244 Loans held for sale 1,619 — 1,692 — 1,692 Loans, net 3,165,558 — — 3,126,345 3,126,345 Derivatives 9,865 — 9,865 — 9,865 Accrued interest receivable 11,793 — 2,885 8,908 11,793 Financial liabilities: Certificates of deposit 328,092 — 325,354 — 325,354 Demand and other deposits 3,291,050 3,291,050 — — 3,291,050 Federal Home Loan Bank advances 265,648 — 259,116 — 259,116 Repurchase agreements 816 — 816 — 816 Subordinated debentures 78,746 — 73,917 — 73,917 Derivatives 3,364 — 3,364 — 3,364 Accrued interest payable 494 — 494 — 494 December 31, 2017 Fair Value Measurements Using: Significant Quoted Prices In Other Significant Active Markets for Observable Unobservable Carrying Identical Assets Inputs Inputs Total (In thousands) Amount (Level 1) (Level 2) (Level 3) Fair Value Financial assets: Cash and due from banks $ 76,614 $ 76,614 $ — $ — $ 76,614 Interest earning deposits with banks 18,133 18,133 — — 18,133 Securities available for sale 759,916 — 759,916 — 759,916 Securities restricted 35,349 n/a n/a n/a n/a Securities held to maturity 180,866 — 179,885 — 179,885 Loans, net 3,071,045 — — 3,010,023 3,010,023 Derivatives 4,546 — 4,546 — 4,546 Accrued interest receivable 11,652 — 3,211 8,441 11,652 Financial liabilities: Certificates of deposit 222,364 — 220,775 — 220,775 Demand and other deposits 3,112,179 3,112,179 — — 3,112,179 Federal funds purchased 50,000 50,000 — — 50,000 Federal Home Loan Bank advances 501,374 185,000 313,558 — 498,558 Repurchase agreements 877 — 877 — 877 Subordinated debentures 78,641 — 77,933 — 77,933 Derivatives 1,823 — 1,823 — 1,823 Accrued interest payable 1,574 — 1,574 — 1,574

LOANS (Tables)

LOANS (Tables)	9 Months Ended
	Sep. 30, 2018
LOANS
Schedule of the major classifications of loans	(In thousands) September 30, 2018 December 31, 2017 Commercial real estate mortgage loans $ 1,348,569 $ 1,293,906 Multi-family mortgage loans 579,827 595,280 Residential real estate mortgage loans 516,995 464,264 Commercial, industrial and agricultural loans 608,723 616,003 Real estate construction and land loans 118,137 107,759 Installment/consumer loans 19,157 21,041 Total loans 3,191,408 3,098,253 Net deferred loan costs and fees 6,019 4,499 Total loans held for investment 3,197,427 3,102,752 Allowance for loan losses (31,869) (31,707) Loans, net $ 3,165,558 $ 3,071,045
Schedule of loans by class categorized by internally assigned credit risk grades	September 30, 2018 (In thousands) Pass Special Mention Substandard Doubtful Total Commercial real estate: Owner occupied $ 479,536 $ 812 $ 17,979 $ — $ 498,327 Non-owner occupied 846,780 520 2,942 — 850,242 Multi-family 579,403 424 — — 579,827 Residential real estate: Residential mortgage 438,158 8,729 882 — 447,769 Home equity 67,047 1,006 1,173 — 69,226 Commercial and industrial: Secured 95,164 6,306 16,910 — 118,380 Unsecured 477,039 7,476 5,828 — 490,343 Real estate construction and land loans 117,677 — 460 — 118,137 Installment/consumer loans 19,111 10 36 — 19,157 Total loans $ 3,119,915 $ 25,283 $ 46,210 $ — $ 3,191,408 December 31, 2017 (In thousands) Pass Special Mention Substandard Doubtful Total Commercial real estate: Owner occupied $ 451,264 $ 1,796 $ 19,589 $ — $ 472,649 Non-owner occupied 808,612 8,056 4,589 — 821,257 Multi-family 595,280 — — — 595,280 Residential real estate: Residential mortgage 393,029 4,854 290 — 398,173 Home equity 64,601 698 792 — 66,091 Commercial and industrial: Secured 86,116 12,637 13,560 — 112,313 Unsecured 485,598 14,553 3,539 — 503,690 Real estate construction and land loans 107,440 — 319 — 107,759 Installment/consumer loans 21,020 16 5 — 21,041 Total loans $ 3,012,960 $ 42,610 $ 42,683 $ — $ 3,098,253
Schedule of the aging of the recorded investment in past due loans by class of loans	September 30, 2018 >90 Days Nonaccrual 30-59 60-89 Past Due Including 90 Total Past Days Days And Days or More Due and (In thousands) Past Due Past Due Accruing Past Due Nonaccrual Current Total Loans Commercial real estate: Owner occupied $ 193 $ — $ — $ 355 $ 548 $ 497,779 $ 498,327 Non-owner occupied 223 — — — 223 850,019 850,242 Multi-family — — — — — 579,827 579,827 Residential real estate: Residential mortgages 2,014 204 299 39 2,556 445,213 447,769 Home equity 699 — — 628 1,327 67,899 69,226 Commercial and industrial: Secured 887 141 — 227 1,255 117,125 118,380 Unsecured 1,129 106 — 506 1,741 488,602 490,343 Real estate construction and land loans — — — 152 152 117,985 118,137 Installment/consumer loans 12 193 — 37 242 18,915 19,157 Total loans $ 5,157 $ 644 $ 299 $ 1,944 $ 8,044 $ 3,183,364 $ 3,191,408 December 31, 2017 >90 Days Nonaccrual 30-59 60-89 Past Due Including 90 Total Past Days Days And Days or More Due and (In thousands) Past Due Past Due Accruing Past Due Nonaccrual Current Total Loans Commercial real estate: Owner occupied $ 284 $ — $ 175 $ 2,205 $ 2,664 $ 469,985 $ 472,649 Non-owner occupied — — 1,163 — 1,163 820,094 821,257 Multi-family — — — — — 595,280 595,280 Residential real estate: Residential mortgages 2,074 398 — 401 2,873 395,300 398,173 Home equity 329 — 271 161 761 65,330 66,091 Commercial and industrial: Secured 113 41 225 570 949 111,364 112,313 Unsecured 18 35 — 3,618 3,671 500,019 503,690 Real estate construction and land loans — 281 — — 281 107,478 107,759 Installment/consumer loans 36 5 — — 41 21,000 21,041 Total loans $ 2,854 $ 760 $ 1,834 $ 6,955 $ 12,403 $ 3,085,850 $ 3,098,253
Schedule of individually impaired loans by class	Three Months Ended Nine Months Ended September 30, 2018 September 30, 2018 September 30, 2018 Unpaid Related Average Interest Average Interest Recorded Principal Allocated Recorded Income Recorded Income (In thousands) Investment Balance Allowance Investment Recognized Investment Recognized With no related allowance recorded: Commercial real estate: Owner occupied $ 277 $ 284 $ — $ 268 $ — $ 151 $ — Non-owner occupied 2,063 2,063 — 1,763 10 1,366 18 Residential real estate: Residential mortgages — — — — — — — Home equity — — — — — — — Commercial and industrial: Secured 8,076 8,076 — 8,086 57 8,130 171 Unsecured 5,134 5,134 — 5,143 42 5,084 118 Total with no related allowance recorded $ 15,550 $ 15,557 $ — $ 15,260 $ 109 $ 14,731 $ 307 With an allowance recorded: Commercial real estate: Owner occupied $ — $ — $ — $ — $ — $ — $ — Non-owner occupied — — — — — — — Residential real estate: Residential mortgages — — — — — — — Home equity — — — — — — — Commercial and industrial: Secured — — — — — — — Unsecured — — — — — — — Total with an allowance recorded $ — $ — $ — $ — $ — $ — $ — Total: Commercial real estate: Owner occupied $ 277 $ 284 $ — $ 268 $ — $ 151 $ — Non-owner occupied 2,063 2,063 — 1,763 10 1,366 18 Residential real estate: Residential mortgages — — — — — — — Home equity — — — — — — — Commercial and industrial: Secured 8,076 8,076 — 8,086 57 8,130 171 Unsecured 5,134 5,134 — 5,143 42 5,084 118 Total $ 15,550 $ 15,557 $ — $ 15,260 $ 109 $ 14,731 $ 307 Three Months Ended Nine Months Ended December 31, 2017 September 30, 2017 September 30, 2017 Unpaid Related Average Interest Average Interest Recorded Principal Allocated Recorded Income Recorded Income (In thousands) Investment Balance Allowance Investment Recognized Investment Recognized With no related allowance recorded: Commercial real estate: Owner occupied $ 2,073 $ 2,073 $ — $ — $ — $ — $ — Non-owner occupied 9,089 9,089 — 8,906 100 6,352 298 Residential real estate: Residential mortgages — — — — — — — Home equity 100 100 — — — — — Commercial and industrial: Secured 7,368 8,013 — 3,030 5 1,459 66 Unsecured 2,154 2,408 — 342 4 367 12 Total with no related allowance recorded $ 20,784 $ 21,683 $ — $ 12,278 $ 109 $ 8,178 $ 376 With an allowance recorded: Commercial real estate: Owner occupied $ — $ — $ — $ — $ — $ — $ — Non-owner occupied — — — — — — — Residential real estate: Residential mortgages — — — — — — — Home equity — — — — — — — Commercial and industrial: Secured — — — 1,216 6 540 6 Unsecured 1,708 3,235 1,708 3,294 105 1,098 106 Total with an allowance recorded $ 1,708 $ 3,235 $ 1,708 $ 4,510 $ 111 $ 1,638 $ 112 Total: Commercial real estate: Owner occupied $ 2,073 $ 2,073 $ — $ — $ — $ — $ — Non-owner occupied 9,089 9,089 — 8,906 100 6,352 298 Residential real estate: Residential mortgages — — — — — — — Home equity 100 100 — — — — — Commercial and industrial: Secured 7,368 8,013 — 4,246 11 1,999 72 Unsecured 3,862 5,643 1,708 3,636 109 1,465 118 Total $ 22,492 $ 24,918 $ 1,708 $ 16,788 $ 220 $ 9,816 $ 488
Schedule of activity in the accretable yield for the purchased credit impaired loans	Three Months Ended Nine Months Ended September 30, September 30, (In thousands) 2018 2017 2018 2017 Balance at beginning of period $ 1,112 $ 3,966 $ 2,151 $ 6,915 Accretion (354) (1,067) (1,656) (3,970) Reclassification (to) from nonaccretable difference during the period (172) (362) 91 (408) Accretable discount at end of period $ 586 $ 2,537 $ 586 $ 2,537

ALLOWANCE FOR LOAN LOSSES (Tabl

ALLOWANCE FOR LOAN LOSSES (Tables)	9 Months Ended
	Sep. 30, 2018
ALLOWANCE FOR LOAN LOSSES
Schedule of allowance for loan losses and the recorded investment in loans by portfolio segment and based on impairment method	September 30, 2018 Residential Commercial, Real Estate Commercial Real Estate Industrial and Construction Installment/ Real Estate Multi-family Mortgage Agricultural and Land Consumer (In thousands) Mortgage Loans Loans Loans Loans Loans Loans Total Allowance for loan losses: Individually evaluated for impairment $ — $ — $ — $ — $ — $ — $ — Collectively evaluated for impairment 11,409 2,793 4,443 11,808 1,301 115 31,869 Loans acquired with deteriorated credit quality — — — — — — — Total allowance for loan losses $ 11,409 $ 2,793 $ 4,443 $ 11,808 $ 1,301 $ 115 $ 31,869 Loans: Individually evaluated for impairment $ 2,340 $ — $ — $ 13,210 $ — $ — $ 15,550 Collectively evaluated for impairment 1,346,229 579,827 516,697 595,278 118,137 19,157 3,175,325 Loans acquired with deteriorated credit quality — — 298 235 — — 533 Total loans $ 1,348,569 $ 579,827 $ 516,995 $ 608,723 $ 118,137 $ 19,157 $ 3,191,408 December 31, 2017 Residential Commercial, Real Estate Commercial Real Estate Industrial and Construction Installment/ Real Estate Multi-family Mortgage Agricultural and Land Consumer (In thousands) Mortgage Loans Loans Loans Loans Loans Loans Total Allowance for loan losses: Individually evaluated for impairment $ — $ — $ — $ 1,708 $ — $ — $ 1,708 Collectively evaluated for impairment 11,048 4,521 2,438 11,130 740 122 29,999 Loans acquired with deteriorated credit quality — — — — — — — Total allowance for loan losses $ 11,048 $ 4,521 $ 2,438 $ 12,838 $ 740 $ 122 $ 31,707 Loans: Individually evaluated for impairment $ 11,162 $ — $ 100 $ 11,230 $ — $ — $ 22,492 Collectively evaluated for impairment 1,281,837 593,645 463,575 604,329 107,759 21,041 3,072,186 Loans acquired with deteriorated credit quality 907 1,635 589 444 — — 3,575 Total loans $ 1,293,906 $ 595,280 $ 464,264 $ 616,003 $ 107,759 $ 21,041 $ 3,098,253 The following tables represent the changes in the allowance for loan losses for the three and nine months ended September 30, 2018, and 2017, by portfolio segment, as defined under FASB ASC 310‑10. The portfolio segments represent the categories that the Bank uses to determine its allowance for loan losses. Three Months Ended September 30, 2018 Residential Commercial, Real Estate Commercial Real Estate Industrial and Construction Installment/ Real Estate Multi-family Mortgage Agricultural and Land Consumer (In thousands) Mortgage Loans Loans Loans Loans Loans Loans Total Allowance for loan losses: Beginning balance $ 11,206 $ 2,466 $ 4,237 $ 12,358 $ 1,263 $ 122 $ 31,652 Charge-offs — — — — — (4) (4) Recoveries — — 1 19 — 1 21 Provision 203 327 205 (569) 38 (4) 200 Ending balance $ 11,409 $ 2,793 $ 4,443 $ 11,808 $ 1,301 $ 115 $ 31,869 Three Months Ended September 30, 2017 Residential Commercial, Real Estate Commercial Real Estate Industrial and Construction Installment/ Real Estate Multi-family Mortgage Agricultural and Land Consumer (In thousands) Mortgage Loans Loans Loans Loans Loans Loans Total Allowance for loan losses: Beginning balance $ 10,579 $ 4,846 $ 1,486 $ 9,970 $ 577 $ 86 $ 27,544 Charge-offs — — — (124) — (49) (173) Recoveries — — — 1 — 1 2 Provision (109) (6) 174 1,577 168 96 1,900 Ending balance $ 10,470 $ 4,840 $ 1,660 $ 11,424 $ 745 $ 134 $ 29,273 Nine Months Ended September 30, 2018 Residential Commercial, Real Estate Commercial Real Estate Industrial and Construction Installment/ Real Estate Multi-family Mortgage Agricultural and Land Consumer (In thousands) Mortgage Loans Loans Loans Loans Loans Loans Total Allowance for loan losses: Beginning balance $ 11,048 $ 4,521 $ 2,438 $ 12,838 $ 740 $ 122 $ 31,707 Charge-offs — — (24) (1,708) — (4) (1,736) Recoveries — — 2 494 — 2 498 Provision 361 (1,728) 2,027 184 561 (5) 1,400 Ending balance $ 11,409 $ 2,793 $ 4,443 $ 11,808 $ 1,301 $ 115 $ 31,869 Nine Months Ended September 30, 2017 Residential Commercial, Real Estate Commercial Real Estate Industrial and Construction Installment/ Real Estate Multi-family Mortgage Agricultural and Land Consumer (In thousands) Mortgage Loans Loans Loans Loans Loans Loans Total Allowance for loan losses: Beginning balance $ 9,225 $ 6,264 $ 1,495 $ 7,837 $ 955 $ 128 $ 25,904 Charge-offs — — — (252) — (49) (301) Recoveries — — 2 16 — 2 20 Provision 1,245 (1,424) 163 3,823 (210) 53 3,650 Ending balance $ 10,470 $ 4,840 $ 1,660 $ 11,424 $ 745 $ 134 $ 29,273

PENSION AND POSTRETIREMENT PL_2

PENSION AND POSTRETIREMENT PLANS (Tables)	9 Months Ended
	Sep. 30, 2018
PENSION AND POSTRETIREMENT PLANS
Schedule of components of net periodic benefit (credit) cost	Three Months Ended September 30, Nine Months Ended September 30, Pension Benefits SERP Benefits Pension Benefits SERP Benefits (In thousands) 2018 2017 2018 2017 2018 2017 2018 2017 Service cost $ 325 $ 291 $ 73 $ 54 $ 975 $ 876 $ 218 $ 159 Interest cost 198 187 32 26 593 557 95 78 Expected return on plan assets (626) (521) — — (1,876) (1,561) — — Amortization of net loss 83 113 30 12 248 338 91 38 Amortization of prior service credit (20) (20) — — (58) (58) — — Amortization of transition obligation — — 1 7 — — 3 21 Net periodic benefit (credit) cost $ (40) $ 50 $ 136 $ 99 $ (118) $ 152 $ 407 $ 296

FEDERAL HOME LOAN BANK ADVANC_2

FEDERAL HOME LOAN BANK ADVANCES (Tables)	9 Months Ended
	Sep. 30, 2018
FEDERAL HOME LOAN BANK ADVANCES
Schedule of contractual maturities and weighted average interest rates of FHLB advances	September 30, 2018 (Dollars in thousands) Weighted Contractual Maturity Amount Average Rate Overnight $ — — % 2018 265,000 2.47 % 2019 648 0.68 % 265,648 2.47 % Total FHLB advances $ 265,648 2.47 % December 31, 2017 (Dollars in thousands) Weighted Contractual Maturity Amount Average Rate Overnight $ 185,000 1.53 % 2018 315,083 1.59 % 2019 1,291 0.94 % 316,374 1.59 % Total FHLB advances $ 501,374 1.57 %

DERIVATIVES (Tables)

DERIVATIVES (Tables)	9 Months Ended
	Sep. 30, 2018
DERIVATIVES
Schedule of information about the interest rate swap designated as a cash flow hedge	(Dollars in thousands) September 30, 2018 December 31, 2017 Notional amounts $ 265,000 $ 290,000 Weighted average pay rates 1.79 % 1.78 % Weighted average receive rates 2.36 % 1.61 % Weighted average maturity 2.09 years 2.64 years
Schedule of the net gains (losses) recorded, net of income tax, in accumulated other comprehensive income and the Consolidated Statements of Income relating to the cash flow derivative instruments	Amount of loss Amount of gain (loss) Amount of gain (loss) recognized in other (In thousands) recognized in OCI reclassified from OCI non-interest income Interest rate contracts (Effective Portion) to interest expense (Ineffective Portion) Three months ended September 30, 2018 $ 584 $ 374 $ — Nine months ended September 30, 2018 $ 4,431 $ 653 $ — Three months ended September 30, 2017 $ 144 $ (369) $ — Nine months ended September 30, 2017 $ (1,216) $ (1,103) $ —
Schedule of cash flow hedge included in the Consolidated Balance Sheets	September 30, 2018 December 31, 2017 Fair Fair Fair Fair (In thousands) Notional Value Value Notional Value Value Included in other assets/(liabilities): Amount Asset Liability Amount Asset Liability Interest rate swaps related to FHLB advances $ 265,000 $ 6,510 $ (9) $ 290,000 $ 3,133 $ (410)
Schedule of information about interest rate swaps	(Dollars in thousands) September 30, 2018 December 31, 2017 Notional amounts $ 199,641 $ 147,967 Weighted average pay rates 4.40 % 3.96 % Weighted average receive rates 4.40 % 3.96 % Weighted average maturity 12.49 years 12.37 years Fair value of combined interest rate swaps $ — $ —

ACCUMULATED OTHER COMPREHENSI_2

ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME (Tables)	9 Months Ended
	Sep. 30, 2018
ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME
Schedule of other comprehensive (loss) income and related income tax effects	Three Months Ended Nine Months Ended (In thousands) September 30, 2018 September 30, 2017 September 30, 2018 September 30, 2017 Unrealized holding (losses) gains on available for sale securities $ (4,319) $ 517 $ (17,137) $ 4,728 Reclassification adjustment for (gains) losses realized in income — (260) 7,921 (260) Income tax effect 1,256 (105) 2,681 (1,773) Net change in unrealized (losses) gains on available for sale securities (3,063) 152 (6,535) 2,695 Reclassification adjustment for amortization realized in income 94 112 284 339 Income tax effect (27) (45) (82) (109) Net change in post-retirement obligation 67 67 202 230 Change in fair value of derivatives used for cash flow hedges 584 144 4,431 (1,216) Reclassification adjustment for (gains) losses realized in income (374) 369 (653) 1,103 Income tax effect (61) (210) (1,099) 43 Net change in unrealized gain (loss) on cash flow hedges 149 303 2,679 (70) Other comprehensive (loss) income $ (2,847) $ 522 $ (3,654) $ 2,855
Schedule of accumulated other comprehensive loss balances, net of income taxes	Other December 31, Comprehensive September 30, (In thousands) 2017 Income 2018 Unrealized losses on available for sale securities $ (11,337) $ (6,535) $ (17,872) Unrealized (losses) gains on pension benefits (5,533) 202 (5,331) Unrealized gains on cash flow hedges 1,931 2,679 4,610 Accumulated other comprehensive loss, net of income taxes $ (14,939) $ (3,654) $ (18,593)
Schedule of reclassifications out of accumulated other comprehensive (loss) income	Three Months Ended Nine Months Ended Affected Line Item September 30, September 30, September 30, September 30, in the Consolidated (In thousands) 2018 2017 2018 2017 Statements of Income Realized gains (losses) on sale of available for sale securities $ — $ 260 $ (7,921) $ 260 Net securities gains (losses) Amortization of defined benefit pension plan and defined benefit plan component of the SERP: Prior service credit 20 20 58 58 Other operating expenses Transition obligation (1) (7) (3) (21) Other operating expenses Actuarial losses (113) (125) (339) (376) Other operating expenses Realized gains (losses) on cash flow hedges 374 (369) 653 (1,103) Interest expense Total reclassifications, before income tax $ 280 $ (221) $ (7,552) $ (1,182) Income tax (benefit) expense (81) 91 2,197 484 Income tax expense Total reclassifications, net of income tax $ 199 $ (130) $ (5,355) $ (698)

BASIS OF PRESENTATION (Details)

BASIS OF PRESENTATION (Details) - Bridge Statutory Capital Trust II - Trust preferred securities (TPS) $ in Millions	1 Months Ended
	Dec. 31, 2009USD ($)
Debt Instrument [Line Items]
Value of trust preferred securities issued	$ 16
Distribution rate of trust preferred securities (as a percent)	8.50%

EARNINGS PER SHARE - Computatio

EARNINGS PER SHARE - Computation of EPS (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
EARNINGS PER SHARE
Net income	$ 6,547	$ 9,443	$ 25,363	$ 27,455
Dividends paid on and earnings allocated to participating securities	(145)	(197)	(550)	(557)
Income attributable to common stock	$ 6,402	$ 9,246	$ 24,813	$ 26,898
Weighted average common shares outstanding, including participating securities	19,890	19,793	19,869	19,748
Weighted average participating securities (in shares)	(438)	(412)	(435)	(405)
Weighted average common shares outstanding	19,452	19,381	19,434	19,343
Basic earnings per common share (in dollars per share)	$ 0.33	$ 0.48	$ 1.28	$ 1.39
Income attributable to common stock	$ 6,402	$ 9,246	$ 24,813	$ 26,898
Impact of assumed conversions - interest on 8.5% trust preferred securities	0	0	0	32
Income attributable to common stock including assumed conversions	$ 6,402	$ 9,246	$ 24,813	$ 26,930
Weighted average common shares outstanding	19,452	19,381	19,434	19,343
Incremental shares from assumed conversions of options and restricted stock units	33	25	27	21
Incremental shares from assumed conversions of 8.5% trust preferred securities	0	0	0	23
Weighted average common and equivalent shares outstanding (in shares)	19,485	19,406	19,461	19,387
Diluted earnings per common share (in dollars per share)	$ 0.33	$ 0.48	$ 1.28	$ 1.39

EARNINGS PER SHARE - Trust Pref

EARNINGS PER SHARE - Trust Preferred Securities (Details)	9 Months Ended
	Sep. 30, 2018
EARNINGS PER SHARE
Interest on trust preferred securities	8.50%

EARNINGS PER SHARE - Narrative

EARNINGS PER SHARE - Narrative (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017	Dec. 31, 2016
Stock option
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share (in shares)	47,393		47,393	0
Restricted stock units
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share (in shares)	0	0	21,980	0
Trust preferred securities
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Outstanding amounts of securities not included in computation of diluted eps					$ 15.7

STOCK BASED COMPENSATION PLAN_2

STOCK BASED COMPENSATION PLANS - Incentive Plans (Details)	Sep. 30, 2018shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares of common stock approved for issuance under the Plan	803,385
Shares available for issuance	274,950
2012 Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares available for issuance	525,000
2006 Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares available for issuance	278,385

STOCK BASED COMPENSATION PLAN_3

STOCK BASED COMPENSATION PLANS - Status of Stock Options (Details) $ / shares in Units, $ in Thousands	9 Months Ended
	Sep. 30, 2018USD ($)$ / sharesshares
Number of Options
Outstanding, January 1, 2018 | shares	0
Granted | shares	47,393
Outstanding, September 30, 2018 | shares	47,393
Vested and Exercisable, September 30, 2018 | shares	0
Weighted Average Exercise Price
Weighted Average Exercise Price, January 1, 2018 | $ / shares	$ 0
Granted | $ / shares	36.19
Vested and Exercisable, September 30, 2018 | $ / shares	36.19
Vested and Exercisable, September 30, 2018 | $ / shares	$ 0
Weighted Average Remaining Contractual Life, Outstanding	9 years 4 months 24 days
Weighted Average Remaining Contractual Life, Vested and Exercisable	0 years
Aggregate Intrinsic Value, Outstanding | $	$ 0
Aggregate Intrinsic Value, Vested and Exercisable | $	$ 0

STOCK BASED COMPENSATION PLAN_4

STOCK BASED COMPENSATION PLANS - Exercise Prices (Details) - $ / shares	Sep. 30, 2018	Dec. 31, 2017
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of Options	47,393	0
Weighted Average Exercise Price	$ 36.19	$ 0
$ 36.19
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of Options	47,393
Weighted Average Exercise Price	$ 36.19

STOCK BASED COMPENSATION PLAN_5

STOCK BASED COMPENSATION PLANS - Restricted Stock Awards (Details) - Restricted stock	9 Months Ended
	Sep. 30, 2018$ / sharesshares
Shares
Unvested, January 1, 2018 | shares	317,692
Granted | shares	83,282
Vested | shares	(59,600)
Forfeited | shares	(6,107)
Unvested, September 30, 2018 | shares	335,267
Weighted Average Grant-Date Fair Value
Unvested, January 1, 2018 | $ / shares	$ 27.16
Granted | $ / shares	33.01
Vested | $ / shares	23.94
Forfeited | $ / shares	29.94
Unvested, September 30, 2018 | $ / shares	$ 29.14

STOCK BASED COMPENSATION PLAN_6

STOCK BASED COMPENSATION PLANS - Restricted Stock Units (Details) - LTI Plan - Restricted stock units	9 Months Ended
	Sep. 30, 2018$ / sharesshares
Shares
Unvested, January 1, 2018 | shares	68,776
Granted | shares	21,693
Reinvested dividends | shares	1,486
Forfeited | shares	(13,333)
Unvested, September 30, 2018 | shares	78,622
Weighted Average Grant-Date Fair Value
Unvested, January 1, 2018 | $ / shares	$ 24.46
Granted | $ / shares	33.23
Reinvested dividends | $ / shares	26.47
Forfeited | $ / shares	21.85
Unvested, September 30, 2018 | $ / shares	$ 27.36

STOCK BASED COMPENSATION PLAN_7

STOCK BASED COMPENSATION PLANS - Narrative (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017	Dec. 31, 2017	Dec. 31, 2016
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted			47,393
Options outstanding	47,393		47,393		0
Stock option
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation expense	$ 26		$ 65
Options outstanding		0		0		0
Unrecognized compensation cost related to unvested stock options	244		$ 244
Cost is expected to be recognized period			2 years 4 months 24 days
Restricted stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation expense	$ 612	$ 432	$ 1,900	$ 1,300
Number of restricted stock awards granted			83,282
Number of restricted stock awards granted	335,267		335,267		317,692
Unrecognized compensation cost related to non-vested RSAs	$ 5,700		$ 5,700
Cost is expected to be recognized period			3 years 4 months 24 days
Restricted stock | Time-vested RSAs vest
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of restricted stock awards granted	310,933		310,933
Restricted stock | Time-vested RSAs vest ratably over five years
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of restricted stock awards granted			44,750
Vesting period (in years)			5 years
Restricted stock | Time-vested RSAs vest ratably over three years
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of restricted stock awards granted			13,415
Vesting period (in years)			3 years
Restricted stock | Performance-based RSAs vest
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of restricted stock awards granted			25,117
Vesting period (in years)			2 years
Number of restricted stock awards granted	24,334		24,334
Directors | Restricted stock units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period (in years)			1 year
Deferred compensation expense	$ 143	135	$ 418	395
LTI Plan | Restricted stock units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation expense	$ 121	$ 81	$ 341	$ 229
Number of restricted stock awards granted			21,693
Number of restricted stock awards granted	78,622		78,622		68,776
Unrecognized compensation cost related to non-vested RSAs	$ 1,400		$ 1,400
Cost is expected to be recognized period			3 years 2 months 12 days
LTI Plan | Restricted stock units | Time-vested RSAs vest ratably over five years
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of restricted stock awards granted			12,522
Vesting period (in years)			5 years
LTI Plan | Restricted stock units | Performance-based RSAs vest
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of restricted stock awards granted			9,171
Vesting period (in years)			3 years
LTI Plan | NEOs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted			47,393	0
Vesting period (in years)			3 years
Weighted-average grant-date fair value			$ 6.52
Method used			Black-Scholes option-pricing model
Dividend yield			2.80%
Expected volatility rate			27.53%
Risk-free interest rate			2.67%
Expected option life			6 years 6 months

SECURITIES - Summary of Availab

SECURITIES - Summary of Available for Sale Investment Securities (Details) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Available for sale:
Amortized Cost	$ 687,065	$ 775,903
Gross Unrealized Gains	45	306
Gross Unrealized Losses	(25,248)	(16,293)
Estimated Fair Value	661,862	759,916
U.S. GSE securities
Available for sale:
Amortized Cost	29,997	57,994
Gross Unrealized Gains	0	0
Gross Unrealized Losses	(1,453)	(1,180)
Estimated Fair Value	28,544	56,814
State and municipal obligations
Available for sale:
Amortized Cost	35,772	87,582
Gross Unrealized Gains	40	259
Gross Unrealized Losses	(640)	(819)
Estimated Fair Value	35,172	87,022
U.S. GSE residential mortgage-backed securities
Available for sale:
Amortized Cost	96,967	189,705
Gross Unrealized Gains	5	29
Gross Unrealized Losses	(4,242)	(2,833)
Estimated Fair Value	92,730	186,901
U.S. GSE residential collateralized mortgage obligations
Available for sale:
Amortized Cost	356,644	314,390
Gross Unrealized Gains	0	16
Gross Unrealized Losses	(11,335)	(7,016)
Estimated Fair Value	345,309	307,390
U.S. GSE commercial mortgage-backed securities
Available for sale:
Amortized Cost	3,560	6,017
Gross Unrealized Gains	0	2
Gross Unrealized Losses	(80)	(40)
Estimated Fair Value	3,480	5,979
U.S. GSE commercial collateralized mortgage obligations
Available for sale:
Amortized Cost	93,875	49,965
Gross Unrealized Gains	0	0
Gross Unrealized Losses	(3,206)	(1,249)
Estimated Fair Value	90,669	48,716
Other asset backed securities
Available for sale:
Amortized Cost	24,250	24,250
Gross Unrealized Gains	0	0
Gross Unrealized Losses	(728)	(849)
Estimated Fair Value	23,522	23,401
Corporate bonds
Available for sale:
Amortized Cost	46,000	46,000
Gross Unrealized Gains	0	0
Gross Unrealized Losses	(3,564)	(2,307)
Estimated Fair Value	$ 42,436	$ 43,693

SECURITIES - Summary of Held to

SECURITIES - Summary of Held to Maturity Investment Securities (Details) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Held to maturity:
Amortized Cost	$ 164,438	$ 180,866
Gross Unrealized Gains	349	1,293
Gross Unrealized Losses	(5,543)	(2,274)
Estimated Fair Value	159,244	179,885
State and municipal obligations
Held to maturity:
Amortized Cost	55,828	60,762
Gross Unrealized Gains	327	972
Gross Unrealized Losses	(664)	(64)
Estimated Fair Value	55,491	61,670
U.S. GSE residential mortgage-backed securities
Held to maturity:
Amortized Cost	10,042	11,424
Gross Unrealized Gains	0	0
Gross Unrealized Losses	(481)	(261)
Estimated Fair Value	9,561	11,163
U.S. GSE residential collateralized mortgage obligations
Held to maturity:
Amortized Cost	49,470	54,250
Gross Unrealized Gains	22	244
Gross Unrealized Losses	(1,766)	(666)
Estimated Fair Value	47,726	53,828
U.S. GSE commercial mortgage-backed securities
Held to maturity:
Amortized Cost	19,285	22,953
Gross Unrealized Gains	0	77
Gross Unrealized Losses	(973)	(438)
Estimated Fair Value	18,312	22,592
U.S. GSE commercial collateralized mortgage obligations
Held to maturity:
Amortized Cost	29,813	31,477
Gross Unrealized Gains	0	0
Gross Unrealized Losses	(1,659)	(845)
Estimated Fair Value	$ 28,154	$ 30,632

SECURITIES - Total Available fo

SECURITIES - Total Available for Sale and Held to Maturity Investment Securities (Details) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Total securities
Amortized Cost	$ 851,503	$ 956,769
Gross Unrealized Gains	394	1,599
Gross Unrealized Losses	(30,791)	(18,567)
Total securities	$ 821,106	$ 939,801

SECURITIES - Available for Sale

SECURITIES - Available for Sale Investment Securities by Contractual Maturity (Details) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Amortized Cost, Available for sale:
Within one year	$ 8,494
One to five years	28,236
Five to ten years	83,273
Beyond ten years	567,062
Total	687,065	$ 775,903
Estimated Fair Value, Available for sale:
Within one year	8,460
One to five years	27,372
Five to ten years	78,442
Beyond ten years	547,588
Estimated Fair Value	$ 661,862	$ 759,916

SECURITIES - Held to Maturity I

SECURITIES - Held to Maturity Investment Securities by Contractual Maturity (Details) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Amortized Cost, Held to maturity:
Within one year	$ 1,941
One to five years	29,223
Five to ten years	50,267
Beyond ten years	83,007
Total	164,438	$ 180,866
Estimated Fair Value, Held to maturity:
Within one year	1,937
One to five years	28,950
Five to ten years	49,105
Beyond ten years	79,252
Estimated Fair Value	$ 159,244	$ 179,885

SECURITIES - Available for Sa_2

SECURITIES - Available for Sale Securities in a Continuous Unrealized Loss Position (Details) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Available for sale:
Less than 12 months, Estimated Fair Value	$ 272,887	$ 236,848
Less than 12 months, Gross Unrealized Losses	(4,677)	(2,666)
Greater than 12 months, Estimated Fair Value	384,324	481,253
Greater than 12 months, Gross Unrealized Losses	(20,571)	(13,627)
U.S. GSE securities
Available for sale:
Less than 12 months, Estimated Fair Value	0	0
Less than 12 months, Gross Unrealized Losses	0	0
Greater than 12 months, Estimated Fair Value	28,544	56,815
Greater than 12 months, Gross Unrealized Losses	(1,453)	(1,180)
State and municipal obligations
Available for sale:
Less than 12 months, Estimated Fair Value	16,037	35,350
Less than 12 months, Gross Unrealized Losses	(190)	(301)
Greater than 12 months, Estimated Fair Value	15,948	28,165
Greater than 12 months, Gross Unrealized Losses	(450)	(518)
U.S. GSE residential mortgage-backed securities
Available for sale:
Less than 12 months, Estimated Fair Value	14,098	107,408
Less than 12 months, Gross Unrealized Losses	(640)	(1,153)
Greater than 12 months, Estimated Fair Value	77,169	69,571
Greater than 12 months, Gross Unrealized Losses	(3,602)	(1,680)
U.S. GSE residential collateralized mortgage obligations
Available for sale:
Less than 12 months, Estimated Fair Value	192,703	77,705
Less than 12 months, Gross Unrealized Losses	(2,953)	(759)
Greater than 12 months, Estimated Fair Value	152,607	224,932
Greater than 12 months, Gross Unrealized Losses	(8,382)	(6,257)
U.S. GSE commercial mortgage-backed securities
Available for sale:
Less than 12 months, Estimated Fair Value	3,480	2,345
Less than 12 months, Gross Unrealized Losses	(80)	(40)
Greater than 12 months, Estimated Fair Value	0	0
Greater than 12 months, Gross Unrealized Losses	0	0
U.S. GSE commercial collateralized mortgage obligations
Available for sale:
Less than 12 months, Estimated Fair Value	46,569	452
Less than 12 months, Gross Unrealized Losses	(814)	(1)
Greater than 12 months, Estimated Fair Value	44,099	48,264
Greater than 12 months, Gross Unrealized Losses	(2,392)	(1,248)
Other asset backed securities
Available for sale:
Less than 12 months, Estimated Fair Value	0	0
Less than 12 months, Gross Unrealized Losses	0	0
Greater than 12 months, Estimated Fair Value	23,522	23,401
Greater than 12 months, Gross Unrealized Losses	(728)	(849)
Corporate bonds
Available for sale:
Less than 12 months, Estimated Fair Value		13,588
Less than 12 months, Gross Unrealized Losses		(412)
Greater than 12 months, Estimated Fair Value	42,435	30,105
Greater than 12 months, Gross Unrealized Losses	$ (3,564)	$ (1,895)

SECURITIES - Held to Maturity S

SECURITIES - Held to Maturity Securities in a Continuous Unrealized Loss Position (Details) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Held to maturity:
Less than 12 months, Estimated Fair Value	$ 50,635	$ 49,527
Less than 12 months, Gross Unrealized losses	(1,229)	(404)
Greater than 12 months, Estimated Fair Value	81,452	60,518
Greater than 12 months, Gross Unrealized losses	(4,314)	(1,870)
State and municipal obligations
Held to maturity:
Less than 12 months, Estimated Fair Value	28,515	7,709
Less than 12 months, Gross Unrealized losses	(564)	(57)
Greater than 12 months, Estimated Fair Value	2,466	1,009
Greater than 12 months, Gross Unrealized losses	(100)	(7)
U.S. GSE residential mortgage-backed securities
Held to maturity:
Less than 12 months, Estimated Fair Value		1,359
Less than 12 months, Gross Unrealized losses		(16)
Greater than 12 months, Estimated Fair Value	9,561	9,804
Greater than 12 months, Gross Unrealized losses	(481)	(245)
U.S. GSE residential collateralized mortgage obligations
Held to maturity:
Less than 12 months, Estimated Fair Value	16,116	21,329
Less than 12 months, Gross Unrealized losses	(527)	(94)
Greater than 12 months, Estimated Fair Value	28,963	21,112
Greater than 12 months, Gross Unrealized losses	(1,239)	(572)
U.S. GSE commercial mortgage-backed securities
Held to maturity:
Less than 12 months, Estimated Fair Value	5,946	8,789
Less than 12 months, Gross Unrealized losses	(138)	(121)
Greater than 12 months, Estimated Fair Value	12,366	8,303
Greater than 12 months, Gross Unrealized losses	(835)	(317)
U.S. GSE commercial collateralized mortgage obligations
Held to maturity:
Less than 12 months, Estimated Fair Value	58	10,341
Less than 12 months, Gross Unrealized losses		(116)
Greater than 12 months, Estimated Fair Value	28,096	20,290
Greater than 12 months, Gross Unrealized losses	$ (1,659)	$ (729)

SECURITIES - Narrative (Details

SECURITIES - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017	Dec. 31, 2017
Other than Temporary Impairment Losses, Investments [Abstract]
Guaranteed portion of student loan backed bonds			student loan backed bonds which are guaranteed by the U.S. Department of Education for 97% to 100% of principal.
Credit support for student loan backed bonds description			the bonds have credit support of 3% to 5%
Proceeds from sales of securities available for sale	$ 0		$ 230,372	$ 26,685
Securities gross losses realized		$ 260	(7,921)	260
Proceeds from calls of securities		$ 0	900	$ 0
Fair value of securities pledged to secure public deposits and FHLB and FRB overnight borrowings	317,100		317,100		$ 513,500
Amount owned in FHLB, ACBB and FRB stock	$ 25,162		$ 25,162		$ 35,349

FAIR VALUE - Summary of Assets

FAIR VALUE - Summary of Assets and Liabilities measured on a Recurring Basis (Details) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Assets measured at fair value on recurring basis
Available for sale securities	$ 661,862	$ 759,916
U.S. GSE securities
Assets measured at fair value on recurring basis
Available for sale securities	28,544	56,814
State and municipal obligations
Assets measured at fair value on recurring basis
Available for sale securities	35,172	87,022
U.S. GSE residential mortgage-backed securities
Assets measured at fair value on recurring basis
Available for sale securities	92,730	186,901
U.S. GSE residential collateralized mortgage obligations
Assets measured at fair value on recurring basis
Available for sale securities	345,309	307,390
U.S. GSE commercial mortgage-backed securities
Assets measured at fair value on recurring basis
Available for sale securities	3,480	5,979
U.S. GSE commercial collateralized mortgage obligations
Assets measured at fair value on recurring basis
Available for sale securities	90,669	48,716
Other asset backed securities
Assets measured at fair value on recurring basis
Available for sale securities	23,522	23,401
Corporate bonds
Assets measured at fair value on recurring basis
Available for sale securities	42,436	43,693
Carrying Amount
Assets measured at fair value on recurring basis
Available for sale securities	661,862	759,916
Financial Assets: Derivatives	9,865	4,546
Financial Liabilities:
Financial liabilities: Derivatives	3,364	1,823
Quoted Prices In Active Markets for Identical Assets (Level 1)
Assets measured at fair value on recurring basis
Available for sale securities	0	0
Financial Assets: Derivatives	0	0
Financial Liabilities:
Financial liabilities: Derivatives	0	0
Significant Other Observable Inputs (Level 2)
Assets measured at fair value on recurring basis
Available for sale securities	661,862	759,916
Financial Assets: Derivatives	9,865	4,546
Financial Liabilities:
Financial liabilities: Derivatives	3,364	1,823
Significant Unobservable Inputs (Level 3)
Assets measured at fair value on recurring basis
Available for sale securities	0	0
Financial Assets: Derivatives	0	0
Financial Liabilities:
Financial liabilities: Derivatives	0	0
Recurring basis | Carrying Amount
Assets measured at fair value on recurring basis
Available for sale securities	661,862	759,916
Recurring basis | Carrying Amount | U.S. GSE securities
Assets measured at fair value on recurring basis
Available for sale securities	28,544	56,814
Recurring basis | Carrying Amount | State and municipal obligations
Assets measured at fair value on recurring basis
Available for sale securities	35,172	87,022
Recurring basis | Carrying Amount | U.S. GSE residential mortgage-backed securities
Assets measured at fair value on recurring basis
Available for sale securities	92,730	186,901
Recurring basis | Carrying Amount | U.S. GSE residential collateralized mortgage obligations
Assets measured at fair value on recurring basis
Available for sale securities	345,309	307,390
Recurring basis | Carrying Amount | U.S. GSE commercial mortgage-backed securities
Assets measured at fair value on recurring basis
Available for sale securities	3,480	5,979
Recurring basis | Carrying Amount | U.S. GSE commercial collateralized mortgage obligations
Assets measured at fair value on recurring basis
Available for sale securities	90,669	48,716
Recurring basis | Carrying Amount | Other asset backed securities
Assets measured at fair value on recurring basis
Available for sale securities	23,522	23,401
Recurring basis | Carrying Amount | Corporate bonds
Assets measured at fair value on recurring basis
Available for sale securities	42,436	43,693
Recurring basis | Carrying Amount | Derivatives
Assets measured at fair value on recurring basis
Financial Assets: Derivatives	9,865	4,546
Financial Liabilities:
Financial liabilities: Derivatives	3,364	1,823
Recurring basis | Significant Other Observable Inputs (Level 2)
Assets measured at fair value on recurring basis
Available for sale securities	661,862	759,916
Recurring basis | Significant Other Observable Inputs (Level 2) | U.S. GSE securities
Assets measured at fair value on recurring basis
Available for sale securities	28,544	56,814
Recurring basis | Significant Other Observable Inputs (Level 2) | State and municipal obligations
Assets measured at fair value on recurring basis
Available for sale securities	35,172	87,022
Recurring basis | Significant Other Observable Inputs (Level 2) | U.S. GSE residential mortgage-backed securities
Assets measured at fair value on recurring basis
Available for sale securities	92,730	186,901
Recurring basis | Significant Other Observable Inputs (Level 2) | U.S. GSE residential collateralized mortgage obligations
Assets measured at fair value on recurring basis
Available for sale securities	345,309	307,390
Recurring basis | Significant Other Observable Inputs (Level 2) | U.S. GSE commercial mortgage-backed securities
Assets measured at fair value on recurring basis
Available for sale securities	3,480	5,979
Recurring basis | Significant Other Observable Inputs (Level 2) | U.S. GSE commercial collateralized mortgage obligations
Assets measured at fair value on recurring basis
Available for sale securities	90,669	48,716
Recurring basis | Significant Other Observable Inputs (Level 2) | Other asset backed securities
Assets measured at fair value on recurring basis
Available for sale securities	23,522	23,401
Recurring basis | Significant Other Observable Inputs (Level 2) | Corporate bonds
Assets measured at fair value on recurring basis
Available for sale securities	42,436	43,693
Recurring basis | Significant Other Observable Inputs (Level 2) | Derivatives
Assets measured at fair value on recurring basis
Financial Assets: Derivatives	9,865	4,546
Financial Liabilities:
Financial liabilities: Derivatives	$ 3,364	$ 1,823

FAIR VALUE - Summary of Asset_2

FAIR VALUE - Summary of Assets and Liabilities measured on a Non-Recurring Basis (Details) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Assets measured at fair value on non-recurring basis
Other real estate owned	$ 175
Non-recurring basis | Carrying Amount
Assets measured at fair value on non-recurring basis
Impaired loans	0	$ 0
Other real estate owned	175	0
Non-recurring basis | Quoted Prices In Active Markets for Identical Assets (Level 1)
Assets measured at fair value on non-recurring basis
Impaired loans	0	0
Other real estate owned	0	0
Non-recurring basis | Significant Other Observable Inputs (Level 2)
Assets measured at fair value on non-recurring basis
Impaired loans	0	0
Other real estate owned	0	0
Non-recurring basis | Significant Unobservable Inputs (Level 3)
Assets measured at fair value on non-recurring basis
Impaired loans	0	0
Other real estate owned	$ 175	$ 0

FAIR VALUE - Summary of Estimat

FAIR VALUE - Summary of Estimated Fair Values and Carrying Amounts of Financial Instruments (Details) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Financial assets:
Cash and due from banks	$ 63,687	$ 76,614
Interest earning deposits with banks	61,414	18,133
Securities available for sale	661,862	759,916
Securities held to maturity	159,244	179,885
Accrued interest receivable	11,793	11,652
Carrying Amount
Financial assets:
Cash and due from banks	63,687	76,614
Interest earning deposits with banks	61,414	18,133
Securities available for sale	661,862	759,916
Securities restricted	25,162	35,349
Securities held to maturity	164,438	180,866
Loans held for sale	1,619
Loans, net	3,165,558	3,071,045
Derivatives	9,865	4,546
Accrued interest receivable	11,793	11,652
Financial liabilities:
Certificates of deposit	328,092	222,364
Demand and other deposits	3,291,050	3,112,179
Federal funds purchased		50,000
Federal Home Loan Bank advances	265,648	501,374
Repurchase agreements	816	877
Subordinated debentures	78,746	78,641
Derivatives	3,364	1,823
Accrued interest payable	494	1,574
Fair Value.
Financial assets:
Cash and due from banks	63,687	76,614
Interest earning deposits with banks	61,414	18,133
Securities available for sale	661,862	759,916
Securities held to maturity	159,244	179,885
Loans held for sale	1,692
Loans, net	3,126,345	3,010,023
Derivatives	9,865	4,546
Accrued interest receivable	11,793	11,652
Financial liabilities:
Certificates of deposit	325,354	220,775
Demand and other deposits	3,291,050	3,112,179
Federal funds purchased		50,000
Federal Home Loan Bank advances	259,116	498,558
Repurchase agreements	816	877
Subordinated debentures	73,917	77,933
Derivatives	3,364	1,823
Accrued interest payable	494	1,574
Quoted Prices In Active Markets for Identical Assets (Level 1)
Financial assets:
Cash and due from banks	63,687	76,614
Interest earning deposits with banks	61,414	18,133
Securities available for sale	0	0
Securities held to maturity	0	0
Loans held for sale	0
Loans, net	0	0
Derivatives	0	0
Accrued interest receivable	0	0
Financial liabilities:
Certificates of deposit	0	0
Demand and other deposits	3,291,050	3,112,179
Federal funds purchased		50,000
Federal Home Loan Bank advances	0	185,000
Repurchase agreements	0	0
Subordinated debentures	0	0
Derivatives	0	0
Accrued interest payable	0	0
Significant Other Observable Inputs (Level 2)
Financial assets:
Cash and due from banks	0	0
Interest earning deposits with banks	0	0
Securities available for sale	661,862	759,916
Securities held to maturity	159,244	179,885
Loans held for sale	1,692
Loans, net	0	0
Derivatives	9,865	4,546
Accrued interest receivable	2,885	3,211
Financial liabilities:
Certificates of deposit	325,354	220,775
Demand and other deposits	0	0
Federal funds purchased		0
Federal Home Loan Bank advances	259,116	313,558
Repurchase agreements	816	877
Subordinated debentures	73,917	77,933
Derivatives	3,364	1,823
Accrued interest payable	494	1,574
Significant Unobservable Inputs (Level 3)
Financial assets:
Cash and due from banks	0	0
Interest earning deposits with banks	0	0
Securities available for sale	0	0
Securities held to maturity	0	0
Loans held for sale	0
Loans, net	3,126,345	3,010,023
Derivatives	0	0
Accrued interest receivable	8,908	8,441
Financial liabilities:
Certificates of deposit	0	0
Demand and other deposits	0	0
Federal funds purchased		0
Federal Home Loan Bank advances	0	0
Repurchase agreements	0	0
Subordinated debentures	0	0
Derivatives	0	0
Accrued interest payable	$ 0	$ 0

FAIR VALUE - Narrative (Details

FAIR VALUE - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017	Dec. 31, 2017
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Provision for Loan and Lease Losses	$ 200	$ 1,900	$ 1,400	$ 3,650
Assets measured at fair value on non-recurring basis
Outstanding balance of impaired loans with an allowance recorded	0		0		$ 1,708
Valuation allowance on impaired loans	0		0		1,708
Other real estate	$ 175		$ 175
Non-recurring basis
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Provision for Loan and Lease Losses					$ 1,700

LOANS - Major Classifications o

LOANS - Major Classifications of Loans (Details) - USD ($) $ in Thousands	Sep. 30, 2018	Jun. 30, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Dec. 31, 2016
Classifications of loans
Total loans	$ 3,191,408		$ 3,098,253
Net deferred loan costs and fees	6,019		4,499
Total loans held for investment	3,197,427		3,102,752
Allowance for loan losses	(31,869)	$ (31,652)	(31,707)	$ (29,273)	$ (27,544)	$ (25,904)
Loans, net	3,165,558		3,071,045
Commercial Real Estate | Mortgage loans
Classifications of loans
Total loans	1,348,569		1,293,906
Allowance for loan losses	(11,409)	(11,206)	(11,048)	(10,470)	(10,579)	(9,225)
Multi-family | Mortgage loans
Classifications of loans
Total loans	579,827		595,280
Allowance for loan losses	(2,793)	(2,466)	(4,521)	(4,840)	(4,846)	(6,264)
Residential real estate | Mortgage loans
Classifications of loans
Total loans	516,995		464,264
Allowance for loan losses	(4,443)	(4,237)	(2,438)	(1,660)	(1,486)	(1,495)
Commercial and industrial
Classifications of loans
Total loans	608,723		616,003
Allowance for loan losses	(11,808)	(12,358)	(12,838)	(11,424)	(9,970)	(7,837)
Real estate construction and land loans
Classifications of loans
Total loans	118,137		107,759
Allowance for loan losses	(1,301)	(1,263)	(740)	(745)	(577)	(955)
Installment/consumer loans
Classifications of loans
Total loans	19,157		21,041
Allowance for loan losses	$ (115)	$ (122)	$ (122)	$ (134)	$ (86)	$ (128)

LOANS - Categorized by Class an

LOANS - Categorized by Class and Internally Assigned Risk Grades (Details) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Loans by class categorized by internally assigned risk grades
Total loans	$ 3,191,408	$ 3,098,253
Pass
Loans by class categorized by internally assigned risk grades
Total loans	3,119,915	3,012,960
Special Mention
Loans by class categorized by internally assigned risk grades
Total loans	25,283	42,610
Substandard
Loans by class categorized by internally assigned risk grades
Total loans	46,210	42,683
Doubtful
Loans by class categorized by internally assigned risk grades
Total loans	0	0
Commercial Real Estate | Mortgage loans
Loans by class categorized by internally assigned risk grades
Total loans	1,348,569	1,293,906
Commercial Real Estate | Mortgage loans | Owner occupied
Loans by class categorized by internally assigned risk grades
Total loans	498,327	472,649
Commercial Real Estate | Mortgage loans | Owner occupied | Pass
Loans by class categorized by internally assigned risk grades
Total loans	479,536	451,264
Commercial Real Estate | Mortgage loans | Owner occupied | Special Mention
Loans by class categorized by internally assigned risk grades
Total loans	812	1,796
Commercial Real Estate | Mortgage loans | Owner occupied | Substandard
Loans by class categorized by internally assigned risk grades
Total loans	17,979	19,589
Commercial Real Estate | Mortgage loans | Owner occupied | Doubtful
Loans by class categorized by internally assigned risk grades
Total loans	0	0
Commercial Real Estate | Mortgage loans | Non-owner occupied
Loans by class categorized by internally assigned risk grades
Total loans	850,242	821,257
Commercial Real Estate | Mortgage loans | Non-owner occupied | Pass
Loans by class categorized by internally assigned risk grades
Total loans	846,780	808,612
Commercial Real Estate | Mortgage loans | Non-owner occupied | Special Mention
Loans by class categorized by internally assigned risk grades
Total loans	520	8,056
Commercial Real Estate | Mortgage loans | Non-owner occupied | Substandard
Loans by class categorized by internally assigned risk grades
Total loans	2,942	4,589
Commercial Real Estate | Mortgage loans | Non-owner occupied | Doubtful
Loans by class categorized by internally assigned risk grades
Total loans	0	0
Multi-family | Mortgage loans
Loans by class categorized by internally assigned risk grades
Total loans	579,827	595,280
Multi-family | Mortgage loans | Pass
Loans by class categorized by internally assigned risk grades
Total loans	579,403	595,280
Multi-family | Mortgage loans | Special Mention
Loans by class categorized by internally assigned risk grades
Total loans	424	0
Multi-family | Mortgage loans | Substandard
Loans by class categorized by internally assigned risk grades
Total loans	0	0
Multi-family | Mortgage loans | Doubtful
Loans by class categorized by internally assigned risk grades
Total loans	0	0
Residential real estate | Mortgage loans
Loans by class categorized by internally assigned risk grades
Total loans	516,995	464,264
Residential real estate | Mortgage loans | Residential Real Estate Mortgage Loans
Loans by class categorized by internally assigned risk grades
Total loans	447,769	398,173
Residential real estate | Mortgage loans | Residential Real Estate Mortgage Loans | Pass
Loans by class categorized by internally assigned risk grades
Total loans	438,158	393,029
Residential real estate | Mortgage loans | Residential Real Estate Mortgage Loans | Special Mention
Loans by class categorized by internally assigned risk grades
Total loans	8,729	4,854
Residential real estate | Mortgage loans | Residential Real Estate Mortgage Loans | Substandard
Loans by class categorized by internally assigned risk grades
Total loans	882	290
Residential real estate | Mortgage loans | Residential Real Estate Mortgage Loans | Doubtful
Loans by class categorized by internally assigned risk grades
Total loans	0	0
Residential real estate | Mortgage loans | Home equity
Loans by class categorized by internally assigned risk grades
Total loans	69,226	66,091
Residential real estate | Mortgage loans | Home equity | Pass
Loans by class categorized by internally assigned risk grades
Total loans	67,047	64,601
Residential real estate | Mortgage loans | Home equity | Special Mention
Loans by class categorized by internally assigned risk grades
Total loans	1,006	698
Residential real estate | Mortgage loans | Home equity | Substandard
Loans by class categorized by internally assigned risk grades
Total loans	1,173	792
Residential real estate | Mortgage loans | Home equity | Doubtful
Loans by class categorized by internally assigned risk grades
Total loans	0	0
Commercial and industrial
Loans by class categorized by internally assigned risk grades
Total loans	608,723	616,003
Commercial and industrial | Secured
Loans by class categorized by internally assigned risk grades
Total loans	118,380	112,313
Commercial and industrial | Secured | Pass
Loans by class categorized by internally assigned risk grades
Total loans	95,164	86,116
Commercial and industrial | Secured | Special Mention
Loans by class categorized by internally assigned risk grades
Total loans	6,306	12,637
Commercial and industrial | Secured | Substandard
Loans by class categorized by internally assigned risk grades
Total loans	16,910	13,560
Commercial and industrial | Secured | Doubtful
Loans by class categorized by internally assigned risk grades
Total loans	0	0
Commercial and industrial | Unsecured
Loans by class categorized by internally assigned risk grades
Total loans	490,343	503,690
Commercial and industrial | Unsecured | Pass
Loans by class categorized by internally assigned risk grades
Total loans	477,039	485,598
Commercial and industrial | Unsecured | Special Mention
Loans by class categorized by internally assigned risk grades
Total loans	7,476	14,553
Commercial and industrial | Unsecured | Substandard
Loans by class categorized by internally assigned risk grades
Total loans	5,828	3,539
Commercial and industrial | Unsecured | Doubtful
Loans by class categorized by internally assigned risk grades
Total loans	0	0
Real estate construction and land loans
Loans by class categorized by internally assigned risk grades
Total loans	118,137	107,759
Real estate construction and land loans | Pass
Loans by class categorized by internally assigned risk grades
Total loans	117,677	107,440
Real estate construction and land loans | Special Mention
Loans by class categorized by internally assigned risk grades
Total loans	0	0
Real estate construction and land loans | Substandard
Loans by class categorized by internally assigned risk grades
Total loans	460	319
Real estate construction and land loans | Doubtful
Loans by class categorized by internally assigned risk grades
Total loans	0	0
Installment/consumer loans
Loans by class categorized by internally assigned risk grades
Total loans	19,157	21,041
Installment/consumer loans | Pass
Loans by class categorized by internally assigned risk grades
Total loans	19,111	21,020
Installment/consumer loans | Special Mention
Loans by class categorized by internally assigned risk grades
Total loans	10	16
Installment/consumer loans | Substandard
Loans by class categorized by internally assigned risk grades
Total loans	36	5
Installment/consumer loans | Doubtful
Loans by class categorized by internally assigned risk grades
Total loans	$ 0	$ 0

LOANS - Past Due and Nonaccrual

LOANS - Past Due and Nonaccrual Loans (Details) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Past Due and Nonaccrual Loans
>90 Days Past Due and Accruing	$ 299	$ 1,834
Nonaccrual Including 90 Days or More Past Due	1,944	6,955
Total Past Due and Nonaccrual	8,044	12,403
Current	3,183,364	3,085,850
Total Loans	3,191,408	3,098,253
30-59 Days Past Due
Past Due and Nonaccrual Loans
Total Past Due and Nonaccrual	5,157	2,854
60-89 Days Past Due
Past Due and Nonaccrual Loans
Total Past Due and Nonaccrual	644	760
Commercial Real Estate | Mortgage loans
Past Due and Nonaccrual Loans
Total Loans	1,348,569	1,293,906
Commercial Real Estate | Mortgage loans | Owner occupied
Past Due and Nonaccrual Loans
>90 Days Past Due and Accruing	0	175
Nonaccrual Including 90 Days or More Past Due	355	2,205
Total Past Due and Nonaccrual	548	2,664
Current	497,779	469,985
Total Loans	498,327	472,649
Commercial Real Estate | Mortgage loans | Owner occupied | 30-59 Days Past Due
Past Due and Nonaccrual Loans
Total Past Due and Nonaccrual	193	284
Commercial Real Estate | Mortgage loans | Owner occupied | 60-89 Days Past Due
Past Due and Nonaccrual Loans
Total Past Due and Nonaccrual	0	0
Commercial Real Estate | Mortgage loans | Non-owner occupied
Past Due and Nonaccrual Loans
>90 Days Past Due and Accruing	0	1,163
Nonaccrual Including 90 Days or More Past Due	0	0
Total Past Due and Nonaccrual	223	1,163
Current	850,019	820,094
Total Loans	850,242	821,257
Commercial Real Estate | Mortgage loans | Non-owner occupied | 30-59 Days Past Due
Past Due and Nonaccrual Loans
Total Past Due and Nonaccrual	223	0
Commercial Real Estate | Mortgage loans | Non-owner occupied | 60-89 Days Past Due
Past Due and Nonaccrual Loans
Total Past Due and Nonaccrual	0	0
Multi-family | Mortgage loans
Past Due and Nonaccrual Loans
>90 Days Past Due and Accruing	0	0
Nonaccrual Including 90 Days or More Past Due	0	0
Total Past Due and Nonaccrual	0	0
Current	579,827	595,280
Total Loans	579,827	595,280
Multi-family | Mortgage loans | 30-59 Days Past Due
Past Due and Nonaccrual Loans
Total Past Due and Nonaccrual	0	0
Multi-family | Mortgage loans | 60-89 Days Past Due
Past Due and Nonaccrual Loans
Total Past Due and Nonaccrual	0	0
Residential real estate | Mortgage loans
Past Due and Nonaccrual Loans
Total Loans	516,995	464,264
Residential real estate | Mortgage loans | Residential Real Estate Mortgage Loans
Past Due and Nonaccrual Loans
>90 Days Past Due and Accruing	299	0
Nonaccrual Including 90 Days or More Past Due	39	401
Total Past Due and Nonaccrual	2,556	2,873
Current	445,213	395,300
Total Loans	447,769	398,173
Residential real estate | Mortgage loans | Residential Real Estate Mortgage Loans | 30-59 Days Past Due
Past Due and Nonaccrual Loans
Total Past Due and Nonaccrual	2,014	2,074
Residential real estate | Mortgage loans | Residential Real Estate Mortgage Loans | 60-89 Days Past Due
Past Due and Nonaccrual Loans
Total Past Due and Nonaccrual	204	398
Residential real estate | Mortgage loans | Home equity
Past Due and Nonaccrual Loans
>90 Days Past Due and Accruing	0	271
Nonaccrual Including 90 Days or More Past Due	628	161
Total Past Due and Nonaccrual	1,327	761
Current	67,899	65,330
Total Loans	69,226	66,091
Residential real estate | Mortgage loans | Home equity | 30-59 Days Past Due
Past Due and Nonaccrual Loans
Total Past Due and Nonaccrual	699	329
Residential real estate | Mortgage loans | Home equity | 60-89 Days Past Due
Past Due and Nonaccrual Loans
Total Past Due and Nonaccrual	0	0
Commercial and industrial
Past Due and Nonaccrual Loans
Total Loans	608,723	616,003
Commercial and industrial | Secured
Past Due and Nonaccrual Loans
>90 Days Past Due and Accruing	0	225
Nonaccrual Including 90 Days or More Past Due	227	570
Total Past Due and Nonaccrual	1,255	949
Current	117,125	111,364
Total Loans	118,380	112,313
Commercial and industrial | Secured | 30-59 Days Past Due
Past Due and Nonaccrual Loans
Total Past Due and Nonaccrual	887	113
Commercial and industrial | Secured | 60-89 Days Past Due
Past Due and Nonaccrual Loans
Total Past Due and Nonaccrual	141	41
Commercial and industrial | Unsecured
Past Due and Nonaccrual Loans
>90 Days Past Due and Accruing	0	0
Nonaccrual Including 90 Days or More Past Due	506	3,618
Total Past Due and Nonaccrual	1,741	3,671
Current	488,602	500,019
Total Loans	490,343	503,690
Commercial and industrial | Unsecured | 30-59 Days Past Due
Past Due and Nonaccrual Loans
Total Past Due and Nonaccrual	1,129	18
Commercial and industrial | Unsecured | 60-89 Days Past Due
Past Due and Nonaccrual Loans
Total Past Due and Nonaccrual	106	35
Real estate construction and land loans
Past Due and Nonaccrual Loans
>90 Days Past Due and Accruing	0	0
Nonaccrual Including 90 Days or More Past Due	152	0
Total Past Due and Nonaccrual	152	281
Current	117,985	107,478
Total Loans	118,137	107,759
Real estate construction and land loans | 30-59 Days Past Due
Past Due and Nonaccrual Loans
Total Past Due and Nonaccrual	0	0
Real estate construction and land loans | 60-89 Days Past Due
Past Due and Nonaccrual Loans
Total Past Due and Nonaccrual	0	281
Installment/consumer loans
Past Due and Nonaccrual Loans
>90 Days Past Due and Accruing	0	0
Nonaccrual Including 90 Days or More Past Due	37	0
Total Past Due and Nonaccrual	242	41
Current	18,915	21,000
Total Loans	19,157	21,041
Installment/consumer loans | 30-59 Days Past Due
Past Due and Nonaccrual Loans
Total Past Due and Nonaccrual	12	36
Installment/consumer loans | 60-89 Days Past Due
Past Due and Nonaccrual Loans
Total Past Due and Nonaccrual	$ 193	$ 5

LOANS - Impaired Loans (Details

LOANS - Impaired Loans (Details) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018USD ($)loan	Sep. 30, 2017USD ($)	Sep. 30, 2018USD ($)loan	Sep. 30, 2017USD ($)	Dec. 31, 2017USD ($)
Impaired loans
Charge-off of one loan and sales and payoffs | loan			1
Recorded Investment
With no related allowance recorded	$ 15,550		$ 15,550		$ 20,784
With an allowance recorded	0		0		1,708
Total impaired loans	15,550		15,550		22,492
Unpaid Principal Balance
With no related allowance recorded	15,557		15,557		21,683
With an allowance recorded	0		0		3,235
Total impaired loans	15,557		15,557		24,918
Related Allocated Allowance
With an allowance recorded	0		0		1,708
Total impaired loans	0		0		1,708
Average Recorded Investment
With no related allowance recorded	15,260	$ 12,278	14,731	$ 8,178
With an allowance recorded	0	4,510	0	1,638
Average recorded investment in impaired loans	15,260	16,788	14,731	9,816
Interest Income Recognized
With no related allowance recorded	109	109	307	376
With an allowance recorded	0	111	0	112
Total impaired loans	109	220	307	488
Commercial Real Estate | Mortgage loans | Owner occupied
Recorded Investment
With no related allowance recorded	277		277		2,073
With an allowance recorded	0		0		0
Total impaired loans	277		277		2,073
Unpaid Principal Balance
With no related allowance recorded	284		284		2,073
With an allowance recorded	0		0		0
Total impaired loans	284		284		2,073
Related Allocated Allowance
With an allowance recorded	0		0		0
Total impaired loans	0		0		0
Average Recorded Investment
With no related allowance recorded	268	0	151	0
With an allowance recorded	0	0	0	0
Average recorded investment in impaired loans	268	0	151	0
Interest Income Recognized
With no related allowance recorded	0	0	0	0
With an allowance recorded	0	0	0	0
Total impaired loans	0	0	0	0
Commercial Real Estate | Mortgage loans | Non-owner occupied
Recorded Investment
With no related allowance recorded	2,063		2,063		9,089
With an allowance recorded	0		0		0
Total impaired loans	2,063		2,063		9,089
Unpaid Principal Balance
With no related allowance recorded	2,063		2,063		9,089
With an allowance recorded	0		0		0
Total impaired loans	2,063		2,063		9,089
Related Allocated Allowance
With an allowance recorded	0		0		0
Total impaired loans	0		0		0
Average Recorded Investment
With no related allowance recorded	1,763	8,906	1,366	6,352
With an allowance recorded	0	0	0	0
Average recorded investment in impaired loans	1,763	8,906	1,366	6,352
Interest Income Recognized
With no related allowance recorded	10	100	18	298
With an allowance recorded	0	0	0	0
Total impaired loans	10	100	18	298
Residential real estate | Mortgage loans | Residential Real Estate Mortgage Loans
Recorded Investment
With no related allowance recorded	0		0		0
With an allowance recorded	0		0		0
Total impaired loans	0		0		0
Unpaid Principal Balance
With no related allowance recorded	0		0		0
With an allowance recorded	0		0		0
Total impaired loans	0		0		0
Related Allocated Allowance
With an allowance recorded	0		0		0
Total impaired loans	0		0		0
Average Recorded Investment
With no related allowance recorded	0	0	0	0
With an allowance recorded	0	0	0	0
Average recorded investment in impaired loans	0	0	0	0
Interest Income Recognized
With no related allowance recorded	0	0	0	0
With an allowance recorded	0	0	0	0
Total impaired loans	0	0	0	0
Residential real estate | Mortgage loans | Home equity
Recorded Investment
With no related allowance recorded	0		0		100
With an allowance recorded	0		0		0
Total impaired loans	0		0		100
Unpaid Principal Balance
With no related allowance recorded	0		0		100
With an allowance recorded	0		0		0
Total impaired loans	0		0		100
Related Allocated Allowance
With an allowance recorded	0		0		0
Total impaired loans	0		0		0
Average Recorded Investment
With no related allowance recorded	0	0	0	0
With an allowance recorded	0	0	0	0
Average recorded investment in impaired loans	0	0	0	0
Interest Income Recognized
With no related allowance recorded	0	0	0	0
With an allowance recorded	0	0	0	0
Total impaired loans	0	0	0	0
Commercial and industrial | Secured
Recorded Investment
With no related allowance recorded	8,076		8,076		7,368
With an allowance recorded	0		0		0
Total impaired loans	8,076		8,076		7,368
Unpaid Principal Balance
With no related allowance recorded	8,076		8,076		8,013
With an allowance recorded	0		0		0
Total impaired loans	8,076		8,076		8,013
Related Allocated Allowance
With an allowance recorded	0		0		0
Total impaired loans	0		0		0
Average Recorded Investment
With no related allowance recorded	8,086	3,030	8,130	1,459
With an allowance recorded	0	1,216	0	540
Average recorded investment in impaired loans	8,086	4,246	8,130	1,999
Interest Income Recognized
With no related allowance recorded	57	5	171	66
With an allowance recorded	0	6	0	6
Total impaired loans	57	11	171	72
Commercial and industrial | Unsecured
Recorded Investment
With no related allowance recorded	5,134		5,134		2,154
With an allowance recorded	0		0		1,708
Total impaired loans	5,134		5,134		3,862
Unpaid Principal Balance
With no related allowance recorded	5,134		5,134		2,408
With an allowance recorded	0		0		3,235
Total impaired loans	5,134		5,134		5,643
Related Allocated Allowance
With an allowance recorded	0		0		1,708
Total impaired loans	0		0		1,708
Average Recorded Investment
With no related allowance recorded	5,143	342	5,084	367
With an allowance recorded	0	3,294	0	1,098
Average recorded investment in impaired loans	5,143	3,636	5,084	1,465
Interest Income Recognized
With no related allowance recorded	42	4	118	12
With an allowance recorded	0	105	0	106
Total impaired loans	42	$ 109	118	$ 118
Other real estate owned
Recorded Investment
Total impaired loans	$ 200		$ 200		$ 0
Interest Income Recognized
Number of impaired financing receivables | loan	1		1

LOANS - Narrative (Details)

LOANS - Narrative (Details)	3 Months Ended	9 Months Ended
	Sep. 30, 2018USD ($)loan	Sep. 30, 2018USD ($)familyloan	Sep. 30, 2017USD ($)loan	Dec. 31, 2017USD ($)	Jun. 19, 2015USD ($)	Feb. 14, 2014USD ($)
Lending Risk
Number of loans modified as TDRs for which there was a payment default within twelve months following the modification | loan		1	2
Troubled Debt Restructurings
Loans modified as TDR		$ 8,400,000
CNB
Classifications of loans
Addition in acquired loans recorded at fair value					$ 729,400,000
Fair value of loans acquired	$ 288,300,000	288,300,000		$ 359,400,000
FNBNY
Classifications of loans
Addition in acquired loans recorded at fair value						$ 89,700,000
Fair value of loans acquired	$ 11,500,000	$ 11,500,000		$ 15,400,000
Commercial and industrial
Troubled Debt Restructurings
Modified loans | loan		8
Loans modified as TDR		$ 6,900,000
Commercial Real Estate
Troubled Debt Restructurings
Modified loans | loan	1	1	2
Loans modified as TDR	$ 900,000	$ 900,000	$ 7,800,000
Commercial Real Estate | Mortgage loans
Lending Risk
Loan amount beyond which annual financial information is sought		$ 1,000,000
Residential real estate
Troubled Debt Restructurings
Modified loans | loan	1	1
Loans modified as TDR	$ 600,000	$ 600,000
Residential real estate | Mortgage loans | Home equity | Minimum
Lending Risk
Loan-to-value ratio (as a percent)		80.00%
Multi-family | Mortgage loans
Lending Risk
Number of families having income producing residential investment properties | family		5
Multi-family | Mortgage loans | Maximum
Lending Risk
Loan-to-value ratio (as a percent)		75.00%
Taxi medallion loans | Substandard
Troubled Debt Restructurings
Loans modified as TDR			$ 2,800,000

LOANS - Purchased Credit Impair

LOANS - Purchased Credit Impaired Loans (Details) - USD ($) $ in Thousands	1 Months Ended		9 Months Ended
	Jun. 19, 2015	Feb. 14, 2014	Sep. 30, 2018	Dec. 31, 2017
Financing Receivables
Total loans			$ 3,191,408	$ 3,098,253
Impaired loans			15,600	22,500
Nonaccrual troubled debt restructured loans			146	5
Amount of current and performing TDR loans			16,700	16,700
Post-Modification of other than troubled debt restructuring, recorded investment			41,100
Impaired Loans			15,550	22,492
Other real estate owned			$ 175
Period of modified contractually past due loans to be considered as payment default			30 days
Other real estate owned
Financing Receivables
Impaired Loans			$ 200	0
Special Mention
Financing Receivables
Total loans			25,283	42,610
Substandard
Financing Receivables
Total loans			46,210	42,683
FNBNY
Acquired Loans
Contractually required principal and interest payments receivable		$ 40,300
Expected cash flows		28,400
Fair value (initial carrying amount) of purchased credit impaired loans		21,800
Non-accretable difference		11,900
Initial accretable yield		$ 6,600
Outstanding balance of purchased credit impaired loans			1,200	4,000
Carrying amount of purchased credit impaired loans			500	2,400
Remaining non-accretable difference			500	700
FNBNY | Special Mention
Financing Receivables
Total loans			200	200
FNBNY | Substandard
Financing Receivables
Total loans			300	300
CNB
Acquired Loans
Contractually required principal and interest payments receivable	$ 23,400
Expected cash flows	10,100
Fair value (initial carrying amount) of purchased credit impaired loans	8,700
Non-accretable difference	13,300
Initial accretable yield	$ 1,400
Outstanding balance of purchased credit impaired loans			1,300	7,600
Carrying amount of purchased credit impaired loans			100	1,000
Remaining non-accretable difference			800	5,300
CNB | 30-89 days past due
Acquired Loans
Acquired loans			1,100	2,400
CNB | Special Mention
Financing Receivables
Total loans			400	400
CNB | Substandard
Financing Receivables
Total loans			$ 800	$ 1,600

LOANS - Summary of Activity in

LOANS - Summary of Activity in the Accretable Yield for PCI Loans (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Activity in the accretable yield for the purchased credit impaired loans
Balance at beginning of period	$ 1,112	$ 3,966	$ 2,151	$ 6,915
Accretion	(354)	(1,067)	(1,656)	(3,970)
Reclassification (to) from nonaccretable difference during the period	(172)	(362)	91	(408)
Accretable discount at end of period	$ 586	$ 2,537	$ 586	$ 2,537

ALLOWANCE FOR LOAN LOSSES - Bal

ALLOWANCE FOR LOAN LOSSES - Balances in Allowance for Loan Losses and Recorded Investment in Loans by Portfolio Segment (Details) - USD ($) $ in Thousands	Sep. 30, 2018	Jun. 30, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Dec. 31, 2016
Allowance for Loan Losses:
Individually evaluated for impairment	$ 0		$ 1,708
Collectively evaluated for impairment	31,869		29,999
Loans acquired with deteriorated credit quality	0		0
Total Allowance for Loan Losses	31,869	$ 31,652	31,707	$ 29,273	$ 27,544	$ 25,904
Loans:
Individually evaluated for impairment	15,550		22,492
Collectively evaluated for impairment	3,175,325		3,072,186
Loans acquired with deteriorated credit quality	533		3,575
Total Loans	3,191,408		3,098,253
Commercial Real Estate | Mortgage loans
Allowance for Loan Losses:
Individually evaluated for impairment	0		0
Collectively evaluated for impairment	11,409		11,048
Loans acquired with deteriorated credit quality	0		0
Total Allowance for Loan Losses	11,409	11,206	11,048	10,470	10,579	9,225
Loans:
Individually evaluated for impairment	2,340		11,162
Collectively evaluated for impairment	1,346,229		1,281,837
Loans acquired with deteriorated credit quality	0		907
Total Loans	1,348,569		1,293,906
Multi-family | Mortgage loans
Allowance for Loan Losses:
Individually evaluated for impairment	0		0
Collectively evaluated for impairment	2,793		4,521
Loans acquired with deteriorated credit quality	0		0
Total Allowance for Loan Losses	2,793	2,466	4,521	4,840	4,846	6,264
Loans:
Individually evaluated for impairment	0		0
Collectively evaluated for impairment	579,827		593,645
Loans acquired with deteriorated credit quality	0		1,635
Total Loans	579,827		595,280
Residential real estate | Mortgage loans
Allowance for Loan Losses:
Individually evaluated for impairment	0		0
Collectively evaluated for impairment	4,443		2,438
Loans acquired with deteriorated credit quality	0		0
Total Allowance for Loan Losses	4,443	4,237	2,438	1,660	1,486	1,495
Loans:
Individually evaluated for impairment	0		100
Collectively evaluated for impairment	516,697		463,575
Loans acquired with deteriorated credit quality	298		589
Total Loans	516,995		464,264
Commercial and industrial
Allowance for Loan Losses:
Individually evaluated for impairment	0		1,708
Collectively evaluated for impairment	11,808		11,130
Loans acquired with deteriorated credit quality	0		0
Total Allowance for Loan Losses	11,808	12,358	12,838	11,424	9,970	7,837
Loans:
Individually evaluated for impairment	13,210		11,230
Collectively evaluated for impairment	595,278		604,329
Loans acquired with deteriorated credit quality	235		444
Total Loans	608,723		616,003
Real estate construction and land loans
Allowance for Loan Losses:
Individually evaluated for impairment	0		0
Collectively evaluated for impairment	1,301		740
Loans acquired with deteriorated credit quality	0		0
Total Allowance for Loan Losses	1,301	1,263	740	745	577	955
Loans:
Individually evaluated for impairment	0		0
Collectively evaluated for impairment	118,137		107,759
Loans acquired with deteriorated credit quality	0		0
Total Loans	118,137		107,759
Installment/consumer loans
Allowance for Loan Losses:
Individually evaluated for impairment	0		0
Collectively evaluated for impairment	115		122
Loans acquired with deteriorated credit quality	0		0
Total Allowance for Loan Losses	115	$ 122	122	$ 134	$ 86	$ 128
Loans:
Individually evaluated for impairment	0		0
Collectively evaluated for impairment	19,157		21,041
Loans acquired with deteriorated credit quality	0		0
Total Loans	$ 19,157		$ 21,041

ALLOWANCE FOR LOAN LOSSES - Cha

ALLOWANCE FOR LOAN LOSSES - Changes in the Allowance for Loan Losses (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017	Dec. 31, 2017
Allowance for Loan Losses
Beginning balance	$ 31,652	$ 27,544	$ 31,707	$ 25,904	$ 25,904
Charge-offs	(4)	(173)	(1,736)	(301)
Recoveries	21	2	498	20
Provision	200	1,900	1,400	3,650
Ending balance	31,869	29,273	31,869	29,273	31,707
Commercial Real Estate | Mortgage loans
Allowance for Loan Losses
Beginning balance	11,206	10,579	11,048	9,225	9,225
Charge-offs	0	0	0	0
Recoveries	0	0	0	0
Provision	203	(109)	361	1,245
Ending balance	11,409	10,470	11,409	10,470	11,048
Multi-family | Mortgage loans
Allowance for Loan Losses
Beginning balance	2,466	4,846	4,521	6,264	6,264
Charge-offs	0	0	0	0
Recoveries	0	0	0	0
Provision	327	(6)	(1,728)	(1,424)
Ending balance	2,793	4,840	2,793	4,840	4,521
Residential real estate | Mortgage loans
Allowance for Loan Losses
Beginning balance	4,237	1,486	2,438	1,495	1,495
Charge-offs	0	0	(24)	0
Recoveries	1	0	2	2
Provision	205	174	2,027	163
Ending balance	4,443	1,660	4,443	1,660	2,438
Commercial and industrial
Allowance for Loan Losses
Beginning balance	12,358	9,970	12,838	7,837	7,837
Charge-offs	0	(124)	(1,708)	(252)
Recoveries	19	1	494	16
Provision	(569)	1,577	184	3,823
Ending balance	11,808	11,424	11,808	11,424	12,838
Real estate construction and land loans
Allowance for Loan Losses
Beginning balance	1,263	577	740	955	955
Charge-offs	0	0	0	0
Recoveries	0	0	0	0
Provision	38	168	561	(210)
Ending balance	1,301	745	1,301	745	740
Installment/consumer loans
Allowance for Loan Losses
Beginning balance	122	86	122	128	128
Charge-offs	(4)	(49)	(4)	(49)
Recoveries	1	1	2	2
Provision	(4)	96	(5)	53
Ending balance	$ 115	$ 134	$ 115	$ 134	$ 122

PENSION AND POSTRETIREMENT PL_3

PENSION AND POSTRETIREMENT PLANS Narrative (Details) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Defined Benefit Plan Disclosure [Line Items]
Contribution to the plan		$ 1,700	$ 2,200
Reclassification of net periodic benefit credit components other than service cost from salaries and employee benefits expense to operating expense	$ 196		587
SERP Benefits
Defined Benefit Plan Disclosure [Line Items]
Distribution from the plan		$ 84	$ 84

PENSION AND POSTRETIREMENT PL_4

PENSION AND POSTRETIREMENT PLANS - Components of Net Periodic Benefit (Credit) Cost (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Pension Benefits
Components of net periodic benefit cost and other amounts recognized in Other Comprehensive Income
Service cost	$ 325	$ 291	$ 975	$ 876
Interest cost	198	187	593	557
Expected return on plan assets	(626)	(521)	(1,876)	(1,561)
Amortization of net loss	83	113	248	338
Amortization of prior service credit	(20)	(20)	(58)	(58)
Amortization of transition obligation	0	0	0	0
Net periodic benefit (credit) cost	(40)	50	(118)	152
SERP Benefits
Components of net periodic benefit cost and other amounts recognized in Other Comprehensive Income
Service cost	73	54	218	159
Interest cost	32	26	95	78
Expected return on plan assets	0	0	0	0
Amortization of net loss	30	12	91	38
Amortization of prior service credit	0	0	0	0
Amortization of transition obligation	1	7	3	21
Net periodic benefit (credit) cost	$ 136	$ 99	$ 407	$ 296

SECURITIES SOLD UNDER AGREEME_2

SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE (Details) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Securities sold under agreements to repurchase
Securities sold under agreements to repurchase	$ 816	$ 877
Carrying amount of U.S. GSE residential collateralized mortgage obligations and U.S. GSE residential mortgage-backed securities	2,400	$ 1,800
Maturing during the fourth quarter
Securities sold under agreements to repurchase
Securities sold under agreements to repurchase	$ 800
U.S. GSE residential collateralized mortgage obligations
Securities sold under agreements to repurchase
Percentage of investment securities held as collateral	18.00%	52.00%
U.S. GSE residential mortgage-backed securities
Securities sold under agreements to repurchase
Percentage of investment securities held as collateral	82.00%	48.00%

FEDERAL HOME LOAN BANK ADVANC_3

FEDERAL HOME LOAN BANK ADVANCES - Contractual Maturities and Weighted Average Interest Rates of FHLB Advances (Details) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Contractual Maturity, Amount
Overnight		$ 185,000
2,018	$ 265,000	315,083
2,019	648	1,291
Total FHLB advances except overnight advances	265,648	316,374
Total FHLB advances	$ 265,648	$ 501,374
Weighted Average Rate
Overnight (as a percent)		1.53%
2018 (as a percent)	2.47%	1.59%
2019 (as a percent)	0.68%	0.94%
Weighted Average Rate for total FHLB advances except overnight advances (as a percent)	2.47%	1.59%
Weighted Average Rate for total FHLB advances (as a percent)	2.47%	1.57%

FEDERAL HOME LOAN BANK ADVANC_4

FEDERAL HOME LOAN BANK ADVANCES - Narrative (Details) - USD ($) $ in Billions	Sep. 30, 2018	Dec. 31, 2017
FEDERAL HOME LOAN BANK ADVANCES
Advances collateralized amount	$ 1.2	$ 1.2
Maximum borrowing amount from FHLB term advances	$ 1.3

BORROWED FUNDS - Subordinated D

BORROWED FUNDS - Subordinated Debentures (Details) - USD ($) $ in Thousands	1 Months Ended
	Sep. 30, 2015	Sep. 30, 2018	Dec. 31, 2017
Debt Instrument [Line Items]
Fixed-to-floating rate subordinated debentures	$ 80,000
Subordinated debentures, net		$ 78,746	$ 78,641
Subordinated Debt [Member] | Callable Notes After Five Years Member
Debt Instrument [Line Items]
Fixed-to-floating rate subordinated debentures	$ 40,000
Fixed annual interest rate	5.25%
Debt instrument variable rate description	three-month LIBOR
Basis points	3.60%
Subordinated Debt [Member] | Callable Notes After Ten Years Member
Debt Instrument [Line Items]
Fixed-to-floating rate subordinated debentures	$ 40,000
Fixed annual interest rate	5.75%
Debt instrument variable rate description	three-month LIBOR
Basis points	3.45%

BORROWED FUNDS - Junior Subordi

BORROWED FUNDS - Junior Subordinated Debentures (Details) - USD ($)	Dec. 15, 2016	Jan. 18, 2017	Jan. 17, 2017	Dec. 28, 2016	Dec. 31, 2009
Trust preferred securities (TPS)
Junior subordinated debentures
Aggregate liquidation amount of trust preferred securities converted			$ 15,500,000	$ 100,000
Trust preferred securities outstanding	$ 15,800,000
Number of trust preferred securities converted			15,450	100
Number of shares issued for trust preferred securities conversions			532,740	3,448
Trust preferred shares to be redeemed		350
Amount of preferred securities liquidation to be redeemed		$ 350,000
Junior Subordinated Debentures
Junior subordinated debentures
Amount of debentures issued to trust					$ 16,000,000
Bridge Statutory Capital Trust II | Trust preferred securities (TPS)
Junior subordinated debentures
Distribution rate of trust preferred securities (as a percent)					8.50%
Liquidation amount per security (in dollars per share)					$ 1,000
Trust preferred securities outstanding					$ 16,000,000
Conversion price (in dollars per share)					$ 29

DERIVATIVES - Interest Rate Swa

DERIVATIVES - Interest Rate Swaps Designated as Cash Flow Hedges (Details) - Interest rate swaps - Derivative designated as a cash flow hedge - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2018	Dec. 31, 2017
Derivatives
Notional amounts	$ 265,000	$ 290,000
Weighted average pay rates (as a percent)	1.79%	1.78%
Weighted average receive rates (as a percent)	2.36%	1.61%
Weighted average maturity	2 years 1 month 2 days	2 years 7 months 21 days

DERIVATIVES - Net Gains (Losses

DERIVATIVES - Net Gains (Losses) Relating to the Cash Flow Derivative Instruments (Details) - Derivative designated as a cash flow hedge - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Net gains (losses) recorded in accumulated other comprehensive income and the Consolidated Statements of Income
Interest rate contracts, Amount of gain (loss) recognized in OCI (Effective Portion)	$ 584	$ 144	$ 4,431	$ (1,216)
Interest rate contracts, Amount of gain (loss) reclassified from OCI to interest expense	374	(369)	653	(1,103)
Interest rate contracts, Amount of loss recognized in other non-interest income (Ineffective Portion)	$ 0	$ 0	$ 0	$ 0

DERIVATIVES - Cash Flow Hedges

DERIVATIVES - Cash Flow Hedges included in the Consolidated Balance Sheets (Details) - Derivative designated as a cash flow hedge - Interest rate swaps related to FHLB advances - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Derivative Instruments, Gain (Loss) [Line Items]
Notional Amount	$ 265,000	$ 290,000
Fair Value Asset	6,510	3,133
Fair Value Liability	$ (9)	$ (410)

DERIVATIVES - Non-Designated He

DERIVATIVES - Non-Designated Hedges (Details) - Interest rate swaps - Non-Designated Hedges - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2018	Dec. 31, 2017
Derivatives
Notional amounts	$ 199,641	$ 147,967
Weighted average pay rates (as a percent)	4.40%	3.96%
Weighted average receive rates (as a percent)	4.40%	3.96%
Weighted average maturity	12 years 5 months 27 days	12 years 4 months 13 days
Fair value of combined interest rate swaps	$ 0	$ 0

DERIVATIVES - Narrative (Detail

DERIVATIVES - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017	Dec. 31, 2017
Derivative [Line Items]
Derivative asset position net	$ 9,100		$ 9,100
Collateral received against obligations in net asset position	9,600		9,600
Interest rate swaps | Derivative designated as a cash flow hedge
Derivative [Line Items]
Notional amounts	265,000		265,000		$ 290,000
Interest rate swaps | Derivative designated as a cash flow hedge | Federal Home Loan Bank of New York [Member]
Derivative [Line Items]
Interest (income) expense on derivative	(374)	$ 369	(653)	$ 1,100
Reduction to interest expense			(653)
Reclassified estimated decrease in interest expense			2,200
Interest rate swaps related to FHLB advances | Derivative designated as a cash flow hedge
Derivative [Line Items]
Notional Amount	$ 265,000		$ 265,000		$ 290,000

ACCUMULATED OTHER COMPREHENSI_3

ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME - Components and Related Income Tax Effects (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME
Unrealized holding (losses) gains on available for sale securities	$ (4,319)	$ 517	$ (17,137)	$ 4,728
Reclassification adjustment for (gains) losses realized in income	0	(260)	7,921	(260)
Income tax effect	1,256	(105)	2,681	(1,773)
Net change in unrealized (losses) gains on available for sale securities	(3,063)	152	(6,535)	2,695
Reclassification adjustment for amortization realized in income	94	112	284	339
Income tax effect	(27)	(45)	(82)	(109)
Net change in post-retirement obligation	67	67	202	230
Change in fair value of derivatives used for cash flow hedges	584	144	4,431	(1,216)
Reclassification adjustment for (gains) losses realized in income	(374)	369	(653)	1,103
Income tax effect	(61)	(210)	(1,099)	43
Net change in unrealized gains (losses) on cash flow hedges	149	303	2,679	(70)
Other comprehensive (loss) income	$ (2,847)	$ 522	$ (3,654)	$ 2,855

ACCUMULATED OTHER COMPREHENSI_4

ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME - Summary of the Accumulated Other Comprehensive Loss Balances, Net of Income Taxes (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Unrealized losses on available for sale securities
Balance at the beginning of the period			$ (11,337)
Current Period Change	$ (3,063)	$ 152	(6,535)	$ 2,695
Balance at the end of the period	(17,872)		(17,872)
Unrealized (losses) gain on pension benefits
Balance at the beginning of the period			(5,533)
Current Period Change	67	67	202	230
Balance at the end of the period	(5,331)		(5,331)
Unrealized gains on cash flow hedges
Balance at the beginning of the period			1,931
Current Period Change	149	303	2,679	(70)
Balance at the end of the period	4,610		4,610
Accumulated other comprehensive loss, net of income taxes
Balance at the beginning of the period			(14,939)
Current Period Change	(2,847)	$ 522	(3,654)	$ 2,855
Balance at the end of the period	$ (18,593)		$ (18,593)

ACCUMULATED OTHER COMPREHENSI_5

ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME - Reclassifications out of Accumulated Other Comprehensive (Loss) Income (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Amounts Reclassified from AOCI
Interest expense	$ 8,375	$ 6,093	$ 22,822	$ 16,290
Income tax (benefit) expense	1,381	4,703	6,263	13,524
Amount Reclassified from Accumulated Other Comprehensive Income
Amounts Reclassified from AOCI
Total reclassifications, before income tax	280	(221)	(7,552)	(1,182)
Income tax (benefit) expense	(81)	91	2,197	484
Total reclassifications, net of income tax	199	(130)	(5,355)	(698)
Amount Reclassified from Accumulated Other Comprehensive Income | Realized (gains) losses on sale of available for sale securities
Amounts Reclassified from AOCI
Net securities gains (losses)	0	260	(7,921)	260
Amount Reclassified from Accumulated Other Comprehensive Income | Prior service credit
Amounts Reclassified from AOCI
Other operating expenses	20	20	58	58
Amount Reclassified from Accumulated Other Comprehensive Income | Transition obligation
Amounts Reclassified from AOCI
Other operating expenses	(1)	(7)	(3)	(21)
Amount Reclassified from Accumulated Other Comprehensive Income | Actuarial losses
Amounts Reclassified from AOCI
Other operating expenses	(113)	(125)	(339)	(376)
Amount Reclassified from Accumulated Other Comprehensive Income | Realized losses on cash flow hedges
Amounts Reclassified from AOCI
Interest expense	$ 374	$ (369)	$ 653	$ (1,103)

FRAUD LOSS (Details)

FRAUD LOSS (Details) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Sep. 30, 2018	Sep. 30, 2018
FRAUD LOSS
Fraud loss	$ 9,500	$ 9,500