Lakeland Bancorp (LBAI) 10-Q 8 Aug 17 2017 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2017	Jul. 31, 2017
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2017
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q2
Trading Symbol	LBAI
Entity Registrant Name	LAKELAND BANCORP INC
Entity Central Index Key	846,901
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding		47,352,725

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
ASSETS
Cash	$ 169,109	$ 169,149
Interest-bearing deposits due from banks	16,573	6,652
Total cash and cash equivalents	185,682	175,801
Investment securities available for sale, at fair value	673,164	606,704
Investment securities held to maturity; fair value of $138,619 at June 30, 2017 and $146,990 at December 31, 2016	138,468	147,614
Federal Home Loan Bank and other membership bank stock, at cost	18,899	15,099
Loans, net of deferred costs (fees)	4,050,731	3,870,598
Less: allowance for loan and lease losses	32,823	31,245
Net loans	4,017,908	3,839,353
Loans held for sale	877	1,742
Premises and equipment, net	50,411	52,236
Accrued interest receivable	13,192	12,557
Goodwill	136,433	135,747
Other identifiable intangible assets	2,631	3,344
Bank owned life insurance	89,339	72,384
Other assets	35,183	30,550
TOTAL ASSETS	5,362,187	5,093,131
Deposits:
Noninterest-bearing	978,668	927,270
Savings and interest-bearing transaction accounts	2,682,291	2,620,657
Time deposits $250 thousand and under	408,228	404,680
Time deposits over $250 thousand	158,017	140,228
Total deposits	4,227,204	4,092,835
Federal funds purchased and securities sold under agreements to repurchase	118,487	56,354
Other borrowings	312,251	260,866
Subordinated debentures	104,842	104,784
Other liabilities	31,858	28,248
TOTAL LIABILITIES	4,794,642	4,543,087
STOCKHOLDERS' EQUITY
Common stock, no par value; authorized shares, 70,000,000; issued 47,352,725 shares at June 30, 2017 and 47,222,914 shares at December 31, 2016	511,967	510,861
Retained earnings	54,969	38,590
Accumulated other comprehensive income	609	593
TOTAL STOCKHOLDERS' EQUITY	567,545	550,044
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 5,362,187	$ 5,093,131

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Statement of Financial Position [Abstract]
Investment securities held to maturity; fair value	$ 138,619	$ 146,990
Common stock, par value
Common stock, shares authorized	70,000,000	70,000,000
Common stock, shares issued	47,352,725	47,222,914

Consolidated Statements of Inco

Consolidated Statements of Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
INTEREST INCOME
Loans, leases and fees	$ 42,740	$ 35,800	$ 83,151	$ 69,921
Federal funds sold and interest-bearing deposits with banks	132	124	408	199
Taxable investment securities and other	3,818	2,696	7,417	5,658
Tax-exempt investment securities	522	417	1,032	830
TOTAL INTEREST INCOME	47,212	39,037	92,008	76,608
INTEREST EXPENSE
Deposits	3,784	2,404	7,118	4,609
Federal funds purchased and securities sold under agreements to repurchase	98	9	108	47
Other borrowings	1,909	1,522	4,038	3,000
TOTAL INTEREST EXPENSE	5,791	3,935	11,264	7,656
NET INTEREST INCOME	41,421	35,102	80,744	68,952
Provision for loan and lease losses	1,827	1,010	3,045	2,085
NET INTEREST INCOME AFTER PROVISION FOR LOAN AND LEASE LOSSES	39,594	34,092	77,699	66,867
NONINTEREST INCOME
Service charges on deposit accounts	2,674	2,523	5,129	4,965
Commissions and fees	1,135	1,099	2,291	2,078
Gains (losses) on sales of investment securities	(15)		2,524	370
Gains on sales of loans	471	425	869	845
Income on bank owned life insurance	500	414	926	822
Other income	1,346	424	2,466	672
TOTAL NONINTEREST INCOME	6,111	4,885	14,205	9,752
NONINTEREST EXPENSE
Salaries and employee benefits	15,096	13,091	30,513	27,176
Net occupancy expense	2,507	2,341	5,343	5,029
Furniture and equipment	1,996	2,082	4,093	4,028
Stationery, supplies and postage	572	416	1,015	859
Marketing expense	508	385	909	694
FDIC insurance expense	425	681	743	1,271
Data processing expense	502	459	1,055	979
Telecommunications expense	372	386	776	810
ATM and debit card expense	517	383	958	729
Expenses on other real estate owned and other repossessed assets	4	26	41	65
Long-term debt prepayment fee			2,828
Merger related expenses		685		2,406
Core deposit intangible amortization	190	164	385	331
Other expenses	2,677	2,616	5,177	4,762
TOTAL NONINTEREST EXPENSE	25,366	23,715	53,836	49,139
Income before income tax expense	20,339	15,262	38,068	27,480
Income tax expense	6,969	5,132	12,386	9,242
NET INCOME	$ 13,370	$ 10,130	$ 25,682	$ 18,238
PER SHARE OF COMMON STOCK
Basic earnings	$ 0.28	$ 0.24	$ 0.54	$ 0.44
Diluted earnings	0.28	0.24	0.53	0.44
Dividends	$ 0.100	$ 0.095	$ 0.195	$ 0.180

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Statement of Comprehensive Income [Abstract]
NET INCOME	$ 13,370	$ 10,130	$ 25,682	$ 18,238
OTHER COMPREHENSIVE INCOME (LOSS), NET OF TAX:
Unrealized gains on securities available for sale	1,029	1,697	1,763	5,854
Reclassification for securities losses (gains) included in net income	9		(1,640)	(233)
Unrealized losses on derivatives	(121)	(126)	(107)	(126)
Change in pension liability, net		6		44
Other comprehensive income	917	1,577	16	5,539
TOTAL COMPREHENSIVE INCOME	$ 14,287	$ 11,707	$ 25,698	$ 23,777

Consolidated Statements of Chan

Consolidated Statements of Changes in Stockholders' Equity (Unaudited) - USD ($) $ in Thousands	Total	Pascack Bancorp, Inc. [Member]	Common Stock [Member]	Common Stock [Member]Pascack Bancorp, Inc. [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Income (Loss) [Member]
BALANCE at Dec. 31, 2015	$ 400,516		$ 386,287		$ 13,079	$ 1,150
NET INCOME	18,238				18,238
Other comprehensive income, net of tax	5,539					5,539
Stock based compensation	1,107		1,107
Issuance of stock for Pascack acquisition		$ 37,221		$ 37,221
Retirement of restricted stock	(206)		(206)
Cash dividends, common stock	(7,481)				(7,481)
BALANCE at Jun. 30, 2016	454,934		424,409		23,836	6,689
BALANCE at Mar. 31, 2016						5,112
NET INCOME	10,130
Other comprehensive income, net of tax	1,577					1,577
BALANCE at Jun. 30, 2016	454,934		424,409		23,836	6,689
BALANCE at Dec. 31, 2016	550,044		510,861		38,590	593
NET INCOME	25,682				25,682
Other comprehensive income, net of tax	16					16
Stock based compensation	1,566		1,566
Exercise of stock options	313		313
Retirement of restricted stock	(773)		(773)
Cash dividends, common stock	(9,303)				(9,303)
BALANCE at Jun. 30, 2017	567,545		511,967		54,969	609
BALANCE at Mar. 31, 2017						(308)
NET INCOME	13,370
Other comprehensive income, net of tax	917					917
BALANCE at Jun. 30, 2017	$ 567,545		$ 511,967		$ 54,969	$ 609

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
CASH FLOWS FROM OPERATING ACTIVITIES:
NET INCOME	$ 25,682	$ 18,238
Adjustments to reconcile net income to net cash provided by operating activities:
Net amortization of premiums, discounts and deferred loan fees and costs	2,413	1,794
Depreciation and amortization	2,080	1,847
Amortization of intangible assets	385	331
Provision for loan and lease losses	3,045	2,085
Loans originated for sale	(27,197)	(38,408)
Proceeds from sales of loans held for sale	28,931	34,023
Gains on sales of securities	(2,524)	(370)
Gains on sales of loans held for sale	(869)	(845)
Gains on other real estate and other repossessed assets	(500)	(90)
(Gains) losses on sales of premises and equipment	(672)	117
Long-term debt prepayment penalty	2,828
Stock-based compensation	1,566	1,107
Excess tax benefits	582
Increase in other assets	(4,672)	(9,176)
Increase in other liabilities	1,988	483
NET CASH PROVIDED BY OPERATING ACTIVITIES	33,066	11,136
CASH FLOWS FROM INVESTING ACTIVITIES:
Net cash acquired in acquisitions		40,942
Proceeds from repayments and maturities of available for sale securities	43,726	40,083
Proceeds from repayments and maturities of held to maturity securities	18,624	13,156
Proceeds from sales of available for sale securities	4,484	15,654
Purchase of available for sale securities	(113,724)	(61,705)
Purchase of held to maturity securities	(9,754)	(22,778)
Purchase of bank owned life insurance	(16,000)
Proceeds from redemptions of Federal Home Loan Bank stock	3,477	1,757
Purchases of Federal Home Loan Bank stock	(7,278)	(504)
Net increase in loans and leases	(186,328)	(170,698)
Proceeds from sales of other real estate and repossessed assets	3,583	758
Proceeds from dispositions and sales of premises and equipment	1,262	11
Purchases of premises and equipment	(1,324)	(1,648)
NET CASH USED IN INVESTING ACTIVITIES	(259,252)	(144,972)
CASH FLOWS FROM FINANCING ACTIVITIES:
Net increase in deposits	134,719	237,564
Increase (decrease) in federal funds purchased and securities sold under agreements to repurchase	62,133	(27,572)
Proceeds from other borrowings	164,036	4,921
Repayments of other borrowings	(115,058)	(39,000)
Exercise of stock options	313
Retirement of restricted stock	(773)	(206)
Dividends paid	(9,303)	(7,481)
NET CASH PROVIDED BY FINANCING ACTIVITIES	236,067	168,226
Net increase in cash and cash equivalents	9,881	34,390
Cash and cash equivalents, beginning of period	175,801	118,493
CASH AND CASH EQUIVALENTS, END OF PERIOD	185,682	152,883
Supplemental schedule of non-cash investing and financing activities:
Cash paid during the period for income taxes	11,703	10,682
Cash paid during the period for interest	11,310	7,501
Transfer of loans and leases into other repossessed assets and other real estate owned	$ 3,425	1,280
Pascack Bancorp, Inc. [Member]
Non-cash assets acquired:
Federal Home Loan Bank stock		2,962
Investment securities held for maturity		3,925
Loans, including loans held for sale		319,575
Goodwill and other intangible assets, net		16,825
Other assets		21,110
Total non-cash assets acquired		364,397
Liabilities assumed:
Deposits		(304,466)
Other borrowings		(57,308)
Other liabilities		(6,344)
Total liabilities assumed		(368,118)
Common stock issued and fair value of stock options converted to Lakeland Bancorp stock options		$ 37,221

Significant Accounting Policies

Significant Accounting Policies	6 Months Ended
	Jun. 30, 2017
Accounting Policies [Abstract]
Significant Accounting Policies	NOTE 1 – SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation. This quarterly report presents the consolidated financial statements of Lakeland Bancorp, Inc. and its subsidiaries, including Lakeland Bank (“Lakeland”) and the Bank’s wholly owned subsidiaries (collectively, the “Company”). The accounting and reporting policies of the Company conform with accounting principles generally accepted in the United States of America (“U.S. GAAP”) and predominant practices within the banking industry. The Company’s unaudited interim financial statements reflect all adjustments, such as normal recurring accruals that are, in the opinion of management, necessary for the fair presentation of the results of the interim periods. The results of operations for the six months ended June 30, 2017 do not necessarily indicate the results that the Company will achieve for all of 2017. Certain information and footnote disclosures required under U.S. GAAP have been condensed or omitted, as permitted by rules and regulations of the Securities and Exchange Commission. These unaudited interim financial statements should be read in conjunction with the audited consolidated financial statements and accompanying notes that are presented in the Company’s Annual Report on Form 10-K

Acquisitions

Acquisitions	6 Months Ended
	Jun. 30, 2017
Business Combinations [Abstract]
Acquisitions	NOTE 2 – ACQUISITIONS Harmony Bank On July 1, 2016, the Company completed its acquisition of Harmony Bank (“Harmony”), a bank with three branches located in Ocean County, NJ. Effective upon the opening of business on July 1, 2016, Harmony was merged into Lakeland Bank. This merger allows the Company to expand its presence to Ocean County. The merger agreement provided that shareholders of Harmony would receive 1.25 shares of the Company common stock for each share of Harmony Bank common stock that they owned at the effective time of the merger. The Company issued an aggregate of 3,201,109 shares of its common stock in the merger. Outstanding Harmony stock options were paid out in cash at the difference between $14.31 (Lakeland’s closing stock price on July 1, 2016 of $11.45 multiplied by 1.25) and the average strike price of $9.07 for a total cash payment of $869,000. During the second quarter of 2017, the Company revised the estimate of the fair value of the acquired assets as of the acquisition date. This adjustment related to the fair market value of certain loans and the valuation of core deposit intangible which resulted in an increase of $685,000 to goodwill. The acquisition was accounted for under the acquisition method of accounting. Accordingly, the assets acquired and liabilities assumed in the acquisition were recorded at their estimated fair values based on management’s best estimates using information available at the date of the acquisition, including the use of a third party valuation specialist. The fair values are preliminary estimates and subject to adjustment for up to one year after the closing date of the acquisition. The following table summarizes the estimated fair value of the acquired assets and liabilities assumed at the date of acquisition for Harmony, net of cash consideration paid. On July 1, (in thousands) Cash and cash equivalents $ 27,809 Securities available for sale 7,474 Securities held to maturity 6,885 Federal Home Loan Bank stock 780 Loans 259,985 Premises and equipment 3,125 Goodwill 11,147 Identifiable intangible assets 1,088 Accrued interest receivable and other assets 8,146 Total assets acquired 326,439 Deposits (278,060 ) Other borrowings (9,314 ) Other liabilities (2,411 ) Total liabilities assumed (289,785 ) Net assets acquired $ 36,654 Loans acquired in the Harmony acquisition were recorded at fair value, and there was no carryover related allowance for loan and lease losses. The fair values of loans acquired from Harmony were estimated using cash flow projections based on the remaining maturity and repricing terms. Cash flows were adjusted for estimated future credit losses and the rate of prepayments. Projected cash flows were then discounted to present value using a risk-adjusted market rate for similar loans. The following is a summary of the loans accounted for in accordance with ASC 310-30 Acquired (in thousands) Contractually required principal and interest at acquisition $ 1,264 Contractual cash flows not expected to be collected (non-accretable 398 Expected cash flows at acquisition 866 Interest component of expected cash flows (accretable difference) 97 Fair value of acquired loans $ 769 The core deposit intangible totaled $691,000 and is being amortized over its estimated useful life of approximately 10 years using an accelerated method. The goodwill will be evaluated annually for impairment. The goodwill is not deductible for tax purposes. The fair values of deposit liabilities with no stated maturities such as checking, money market and savings accounts, were assumed to equal the carrying amounts since these deposits are payable on demand. The fair values of certificates of deposits and IRAs represent the present value of contractual cash flows discounted at market rates for similar certificates of deposit. Pascack Bancorp On January 7, 2016, the Company completed its acquisition of Pascack Bancorp, Inc. (“Pascack”), a bank holding company headquartered in Waldwick, New Jersey. Pascack was the parent of Pascack Community Bank which operated 8 branches in Bergen and Essex Counties in New Jersey. This acquisition enabled the Company to broaden its presence in Bergen and Essex counties. Effective as of the close of business on January 7, 2016, Pascack merged into the Company, and Pascack Community Bank merged into Lakeland Bank. The merger agreement provided that the shareholders of Pascack would receive, at their election, for each outstanding share of Pascack common stock that they own at the effective time of the merger, either 0.9576 shares of Lakeland Bancorp common stock or $11.35 in cash, subject to proration as described in the merger agreement, so that 90% of the aggregate merger consideration was shares of Lakeland Bancorp common stock and 10% was cash. Lakeland Bancorp issued 3,314,284 shares of its common stock in the merger and paid approximately $4.5 million in cash including the cash paid in connection with the cancellation of Pascack stock options. Outstanding Pascack stock options were paid out in cash at the difference between $11.35 and an average strike price of $7.37 for a total cash payment of $122,000. The acquisition was accounted for under the acquisition method of accounting. Accordingly, the assets acquired and liabilities assumed in the acquisition were recorded at their estimated fair values based on management’s best estimates using information available at the date of the acquisition, including the use of a third party valuation specialist. The following table summarizes the estimated fair value of the acquired assets and liabilities assumed at the date of acquisition for Pascack, net of cash consideration paid. On January 7, (in thousands) Cash and cash equivalents $ 40,942 Securities held to maturity 3,925 Federal Home Loan Bank stock 2,962 Loans 319,575 Premises and equipment 14,438 Goodwill 15,311 Identifiable intangible assets 1,514 Accrued interest receivable and other assets 6,672 Total assets acquired 405,339 Deposits (304,466 ) Other borrowings (57,308 ) Other liabilities (6,344 ) Total liabilities assumed (368,118 ) Net assets acquired $ 37,221 Loans acquired in the Pascack acquisition were recorded at fair value, and there was no carryover related allowance for loan and lease losses. The fair values of loans acquired from Pascack were estimated using cash flow projections based on the remaining maturity and repricing terms. Cash flows were adjusted for estimated future credit losses and the rate of prepayments. Projected cash flows were then discounted to present value using a risk-adjusted market rate for similar loans. The following is a summary of the loans accounted for in accordance with ASC 310-30 Acquired (in thousands) Contractually required principal and interest at acquisition $ 4,932 Contractual cash flows not expected to be collected (non-accretable 4,030 Expected cash flows at acquisition 902 Interest component of expected cash flows (accretable difference) 85 Fair value of acquired loans $ 817 The core deposit intangible totaled $1.5 million and is being amortized over its estimated useful life of approximately 10 years using an accelerated method. The goodwill will be evaluated annually for impairment. The goodwill is not deductible for tax purposes. The fair values of deposit liabilities with no stated maturities such as checking, money market and savings accounts, were assumed to equal the carrying amounts since these deposits are payable on demand. The fair values of certificates of deposits and IRAs represent the present value of contractual cash flows discounted at market rates for similar certificates of deposit. Direct costs related to the Pascack and Harmony acquisitions were expensed as incurred. During the six months ended June 30, 2016, the Company incurred $2.4 million of merger and acquisition integration-related expenses, which have been separately stated in the Company’s consolidated statements of income.

Earnings Per Share

Earnings Per Share	6 Months Ended
	Jun. 30, 2017
Earnings Per Share [Abstract]
Earnings Per Share	NOTE 3 – EARNINGS PER SHARE The following schedule shows the Company’s earnings per share calculations for the periods presented: For the Three Months Ended June 30, For the Six Months Ended June 30, 2017 2016 2017 2016 (in thousands, except per share data) (in thousands, except per share data) Net income available to common shareholders $ 13,370 $ 10,130 $ 25,682 $ 18,238 Less: earnings allocated to participating securities 119 106 239 162 Net income allocated to common shareholders $ 13,251 $ 10,024 $ 25,443 $ 18,076 Weighted average number of common shares outstanding - basic 47,465 41,238 47,410 41,084 Share-based plans 209 168 236 161 Weighted average number of common shares outstanding - diluted 47,674 41,406 47,646 41,245 Basic earnings per share $ 0.28 $ 0.24 $ 0.54 $ 0.44 Diluted earnings per share $ 0.28 $ 0.24 $ 0.53 $ 0.44 There were no antidilutive options to purchase common stock excluded from the computation for the three and six months ended June 30, 2017 and 2016.

Investment Securities

Investment Securities	6 Months Ended
	Jun. 30, 2017
Investments, Debt and Equity Securities [Abstract]
Investment Securities	NOTE 4 – INVESTMENT SECURITIES June 30, 2017 December 31, 2016 Gross Gross Gross Gross Amortized Unrealized Unrealized Fair Amortized Unrealized Unrealized Fair Cost Gains Losses Value Cost Gains Losses Value (in thousands) (in thousands) AVAILABLE FOR SALE U.S. Treasury and U.S. government agencies $ 143,077 $ 244 $ (877 ) $ 142,444 $ 118,537 $ 102 $ (1,280 ) $ 117,359 Mortgage-backed securities, residential 445,829 1,255 (3,541 ) 443,543 406,851 1,174 (4,487 ) 403,538 Mortgage-backed securities, multifamily 10,162 60 (23 ) 10,199 10,192 30 (35 ) 10,187 Obligations of states and political subdivisions 53,798 768 (292 ) 54,274 48,868 391 (933 ) 48,326 Debt securities 5,000 95 — 5,095 5,350 63 (1 ) 5,412 Equity securities 15,385 2,620 (396 ) 17,609 17,314 5,000 (432 ) 21,882 $ 673,251 $ 5,042 $ (5,129 ) $ 673,164 $ 607,112 $ 6,760 $ (7,168 ) $ 606,704 June 30, 2017 December 31, 2016 Gross Gross Gross Gross Amortized Unrealized Unrealized Fair Amortized Unrealized Unrealized Fair Cost Gains Losses Value Cost Gains Losses Value (in thousands) (in thousands) HELD TO MATURITY U.S. government agencies $ 33,484 $ 193 $ (283 ) $ 33,394 $ 33,553 $ 144 $ (430 ) $ 33,267 Mortgage-backed securities, residential 38,262 298 (524 ) 38,036 38,706 369 (598 ) 38,477 Mortgage-backed securities, multifamily 2,008 — (17 ) 1,991 2,059 — (44 ) 2,015 Obligations of states and political subdivisions 62,706 585 (135 ) 63,156 71,284 269 (385 ) 71,168 Debt securities 2,008 34 — 2,042 2,012 51 — 2,063 $ 138,468 $ 1,110 $ (959 ) $ 138,619 $ 147,614 $ 833 $ (1,457 ) $ 146,990 The following table shows investment securities by stated maturity. Securities backed by mortgages have expected maturities that differ from contractual maturities because borrowers have the right to call or prepay, and are, therefore, classified separately with no specific maturity date (in thousands): Available for Sale Held to Maturity June 30, 2017 Amortized Fair Amortized Fair Due in one year or less $ 2,605 $ 2,623 $ 29,499 $ 29,503 Due after one year through five years 107,942 108,341 35,641 35,904 Due after five years through ten years 66,678 66,174 28,621 28,721 Due after ten years 24,650 24,675 4,437 4,464 201,875 201,813 98,198 98,592 Mortgage-backed securities 455,991 453,742 40,270 40,027 Equity securities 15,385 17,609 — — Total securities $ 673,251 $ 673,164 $ 138,468 $ 138,619 The following table shows proceeds from sales of securities and gross gains on sales of securities for the periods indicated (in thousands): For the Three Months Ended June 30, For the Six Months Ended June 30, 2017 2016 2017 2016 Sale proceeds $ — $ — $ 4,499 $ 15,654 Gross gains (losses) (15 ) — 2,524 370 There were no other-than-temporary impairments during the six months ended June 30, 2017 or 2016. Gains or losses on sales of investment securities are based on the net proceeds and the adjusted carrying amount of the securities sold using the specific identification method. Securities with a carrying value of approximately $502.5 million and $443.4 million at June 30, 2017 and December 31, 2016, respectively, were pledged to secure public deposits and for other purposes required by applicable laws and regulations. The following table indicates the length of time individual securities have been in a continuous unrealized loss position for the periods presented: Less Than 12 Months 12 Months or Longer Total Unrealized Unrealized Number of Unrealized June 30, 2017 Fair Value Losses Fair Value Losses Securities Fair Value Losses (dollars in thousands) AVAILABLE FOR SALE U.S. government agencies $ 67,712 $ 653 $ 4,786 $ 224 15 $ 72,498 $ 877 Mortgage-backed securities, residential 270,813 3,099 17,938 442 85 288,751 3,541 Mortgage-backed securities, multifamily 5,159 23 — — 1 5,159 23 Obligations of states and political subdivisions 17,616 275 877 17 32 18,493 292 Equity securities — — 9,602 396 2 9,602 396 $ 361,300 $ 4,050 $ 33,203 $ 1,079 135 $ 394,503 $ 5,129 HELD TO MATURITY U.S. government agencies $ 12,215 $ 283 $ — $ — 2 $ 12,215 $ 283 Mortgage-backed securities, residential 26,661 411 2,191 113 17 28,852 524 Mortgage-backed securities, multifamily 846 13 1,047 4 2 1,893 17 Obligations of states and political subdivisions 29,283 135 — — 17 29,283 135 $ 69,005 $ 842 $ 3,238 $ 117 38 $ 72,243 $ 959 Less Than 12 Months 12 Months or Longer Total Unrealized Unrealized Number of Unrealized December 31, 2016 Fair Value Losses Fair Value Losses Securities Fair Value Losses (dollars in thousands) AVAILABLE FOR SALE U.S. Treasury and U.S. government agencies $ 94,153 $ 1,280 $ — $ — 18 $ 94,153 $ 1,280 Mortgage-backed securities, residential 292,873 4,078 15,453 409 91 308,326 4,487 Mortgage-backed securities, multifamily 5,178 35 — — 1 5,178 35 Obligations of states and political subdivisions 29,904 933 — — 54 29,904 933 Other debt securities 350 1 — — 1 350 1 Equity securities 6,030 94 4,720 338 2 10,750 432 $ 428,488 $ 6,421 $ 20,173 $ 747 167 $ 448,661 $ 7,168 HELD TO MATURITY U.S. government agencies $ 17,147 $ 430 $ — $ — 3 $ 17,147 $ 430 Mortgage-backed securities, residential 27,909 535 1,061 63 15 28,970 598 Mortgage-backed securities, multifamily 2,015 44 — — 2 2,015 44 Obligations of states and political subdivisions 50,302 384 401 1 43 50,703 385 $ 97,373 $ 1,393 $ 1,462 $ 64 63 $ 98,835 $ 1,457 Management has evaluated the securities in the above table and has concluded that none of the securities are other-than-temporarily impaired. The fair values being below cost is due to interest rate movements and is deemed temporary. All investment securities are evaluated on a periodic basis to identify any factors that would require a further analysis. In evaluating the Company’s securities, management considers the following items: • The Company’s ability and intent to hold the securities, including an evaluation of the need to sell the security to meet certain liquidity measures, or whether the Company has sufficient levels of cash to hold the identified security in order to recover the entire amortized cost of the security; • The financial condition of the underlying issuer; • The credit ratings of the underlying issuer and if any changes in the credit rating have occurred; • The length of time the security’s fair value has been less than amortized cost; and • Adverse conditions related to the security or its issuer if the issuer has failed to make scheduled payments or other factors. If the above factors indicate that an additional analysis is required, management will perform and consider the results of a discounted cash flow analysis. As of June 30, 2017, the equity securities include investments in other financial institutions for market appreciation purposes. These equities had a purchase price of $2.1 million and a market value of $4.7 million as of June 30, 2017. As of June 30, 2017, the equity securities also included $12.9 million in investment funds that do not have a quoted market price, but use net asset value per share or its equivalent to measure fair value. The investment funds include $9.6 million that are invested in government guaranteed loans, mortgage-backed securities, small business loans and other instruments supporting affordable housing and economic development. The Company may redeem these funds at the net asset value calculated at the end of the current business day less any unpaid management fees. As of June 30, 2017, the amortized cost of these securities was $10.0 million and the fair value was $9.6 million. There are no restrictions on redemptions for the holdings in these investments other than the notice required by the fund manager. There are no unfunded commitments related to these investments. The investment funds also include $3.3 million that are primarily invested in community development loans that are guaranteed by the Small Business Administration (“SBA”). Because the funds are primarily guaranteed by the federal government there are minimal changes in market value between accounting periods. These funds can be redeemed with 60 days notice at the net asset value less unpaid management fees with the approval of the fund manager. As of June 30, 2017, the net amortized cost equaled the market value of the investment. There are no unfunded commitments related to these investments.

Loans, Leases and Other Real Es

Loans, Leases and Other Real Estate	6 Months Ended
	Jun. 30, 2017
Debt Disclosure [Abstract]
Loans, Leases and Other Real Estate	NOTE 5 – LOANS, LEASES AND OTHER REAL ESTATE The following sets forth the composition of the Company’s loan and lease portfolio: June 30, 2017 December 31, 2016 (in thousands) Commercial, secured by real estate $ 2,725,418 $ 2,556,601 Commercial, industrial and other 352,977 350,228 Leases 70,295 67,016 Real estate - residential mortgage 337,765 349,581 Real estate - construction 230,178 211,109 Home equity and consumer 337,643 339,360 Total loans and leases 4,054,276 3,873,895 Less: deferred fees (3,545 ) (3,297 ) Loans and leases, net of deferred fees $ 4,050,731 $ 3,870,598 At June 30, 2017 and December 31, 2016, home equity and consumer loans included overdraft deposit balances of $763,000 and $364,000, respectively. At June 30, 2017 and December 31, 2016, the Company had $1.1 billion and $942.0 million, respectively, in loans pledged for actual and potential borrowings at the Federal Home Loan Bank of New York(“FHLB”). Purchased Credit Impaired Loans The carrying value of loans acquired in the Pascack acquisition and accounted for in accordance with ASC Subtopic 310-30, The following table presents changes in the accretable yield for PCI loans: For the Three Months Ended For the Six Months Ended June 30, 2017 June 30, 2016 June 30, 2017 June 30, 2016 (in thousands) (in thousands) Balance, beginning of period $ 180 $ 69 $ 145 $ — Acquisitions — — — 85 Accretion (47 ) (15 ) (98 ) (31 ) Net reclassification non-accretable — 11 86 11 Balance, end of period $ 133 $ 65 $ 133 $ 65 Non-Performing The following schedule sets forth certain information regarding the Company’s non-performing June 30, December 31, (in thousands) Commercial, secured by real estate $ 8,768 $ 10,413 Commercial, industrial and other 378 167 Leases, including leases held for sale 81 153 Real estate - residential mortgage 3,857 6,048 Real estate - construction 1,472 1,472 Home equity and consumer 1,689 2,151 Total non-accrual $ 16,245 $ 20,404 Other real estate and other repossessed assets 1,415 1,072 TOTAL NON-PERFORMING $ 17,660 $ 21,476 Troubled debt restructurings, still accruing $ 11,697 $ 8,802 Non-accrual An age analysis of past due loans, segregated by class of loans as of June 30, 2017 and December 31, 2016, is as follows: Greater Recorded Than Total Investment Greater 30-59 Days 60-89 Days 89 Days Total Loans than 89 Days and Past Due Past Due Past Due Past Due Current and Leases Still Accruing (in thousands) June 30, 2017 Commercial, secured by real estate $ 3,258 $ 600 $ 8,388 $ 12,246 $ 2,713,172 $ 2,725,418 $ — Commercial, industrial and other 491 — 301 792 352,185 352,977 — Leases 303 113 81 497 69,798 70,295 — Real estate - residential mortgage 985 636 3,295 4,916 332,849 337,765 — Real estate - construction — — 1,472 1,472 228,706 230,178 — Home equity and consumer 1,148 148 1,292 2,588 335,055 337,643 20 $ 6,185 $ 1,497 $ 14,829 $ 22,511 $ 4,031,765 $ 4,054,276 $ 20 December 31, 2016 Commercial, secured by real estate $ 6,082 $ 1,234 $ 9,313 $ 16,629 $ 2,539,972 $ 2,556,601 $ — Commercial, industrial and other 1,193 213 42 1,448 348,780 350,228 — Leases 132 78 153 363 66,653 67,016 — Real estate - residential mortgage 2,990 1,057 5,330 9,377 340,204 349,581 — Real estate - construction 3,409 — 1,472 4,881 206,228 211,109 — Home equity and consumer 1,260 129 2,049 3,438 335,922 339,360 10 $ 15,066 $ 2,711 $ 18,359 $ 36,136 $ 3,837,759 $ 3,873,895 $ 10 Impaired Loans The Company defines impaired loans as all non-accrual Contractual Recorded Unpaid Average Interest Investment in Principal Specific Investment in Income June 30, 2017 Impaired Loans Balance Allowance Impaired Loans Recognized (in thousands) Loans without specific allowance: Commercial, secured by real estate $ 14,806 $ 15,180 $ — $ 13,909 $ 148 Commercial, industrial and other 568 568 — 568 11 Real estate - residential mortgage 970 987 — 903 8 Real estate - construction 1,472 1,472 — 1,472 — Home equity and consumer — — — — — Loans with specific allowance: Commercial, secured by real estate 5,022 5,342 276 4,913 117 Commercial, industrial and other 431 431 14 402 9 Real estate - residential mortgage 1,005 1,134 34 1,015 15 Real estate - construction — — — — — Home equity and consumer 1,148 1,175 99 1,150 28 Total: Commercial, secured by real estate $ 19,828 $ 20,522 $ 276 $ 18,822 $ 265 Commercial, industrial and other 999 999 14 970 20 Real estate - residential mortgage 1,975 2,121 34 1,918 23 Real estate - construction 1,472 1,472 — 1,472 — Home equity and consumer 1,148 1,175 99 1,150 28 $ 25,422 $ 26,289 $ 423 $ 24,332 $ 336 Contractual Recorded Unpaid Average Interest Investment in Principal Specific Investment in Income December 31, 2016 Impaired Loans Balance Allowance Impaired Loans Recognized (in thousands) Loans without specific allowance: Commercial, secured by real estate $ 12,764 $ 13,195 $ — $ 13,631 $ 229 Commercial, industrial and other 603 603 — 1,109 24 Leases — — — — — Real estate - residential mortgage 1,880 3,146 — 2,430 16 Real estate - construction 1,471 1,471 — 12 — Home equity and consumer 139 139 — 388 — Loans with specific allowance: Commercial, secured by real estate 5,860 6,142 392 6,549 273 Commercial, industrial and other 349 349 12 360 17 Leases — — — 1 — Real estate - residential mortgage 1,031 1,100 31 1,011 30 Real estate - construction — — — — — Home equity and consumer 1,188 1,211 94 1,184 59 Total: Commercial, secured by real estate $ 18,624 $ 19,337 $ 392 $ 20,180 $ 502 Commercial, industrial and other 952 952 12 1,469 41 Leases — — — 1 — Real estate - residential mortgage 2,911 4,246 31 3,441 46 Real estate - construction 1,471 1,471 — 12 — Home equity and consumer 1,327 1,350 94 1,572 59 $ 25,285 $ 27,356 $ 529 $ 26,675 $ 648 Interest income recognized on impaired loans was $336,000 for each of the six months ended June 30, 2017 and 2016, respectively. Interest that would have been accrued on impaired loans during the first six months of 2017 and 2016 had the loans been performing under original terms would have been $813,000 and $828,000, respectively. Credit Quality Indicators The class of loans is determined by internal risk rating. Management closely and continually monitors the quality of its loans and leases and assesses the quantitative and qualitative risks arising from the credit quality of its loans and leases. Lakeland assigns a credit risk rating to all commercial loans and loan commitments. The credit risk rating system has been developed by management to provide a methodology to be used by loan officers, department heads and senior management in identifying various levels of credit risk that exist within Lakeland’s commercial loan portfolios. The risk rating system assists senior management in evaluating Lakeland’s commercial loan portfolio, analyzing trends, and determining the proper level of required reserves to be recommended to the Board. In assigning risk ratings, management considers, among other things, a borrower’s debt service coverage, earnings strength, loan to value ratios, industry conditions and economic conditions. Management categorizes commercial loans and commitments into a one (1) to nine (9) numerical structure with rating 1 being the strongest rating and rating 9 being the weakest. Ratings 1 through 5W are considered ‘Pass’ ratings. The following table shows the Company’s commercial loan portfolio as of June 30, 2017 and December 31, 2016, by the risk ratings discussed above (in thousands): June 30, 2017 Commercial, Commercial, Real Estate - RISK RATING 1 $ — $ 448 $ — 2 — 29,901 — 3 84,407 35,124 — 4 821,819 129,845 8,800 5 1,700,154 131,751 218,054 5W - Watch 58,427 11,047 698 6 - Other assets especially mentioned 31,163 9,474 — 7 - Substandard 29,448 5,387 2,626 8 - Doubtful — — — 9 - Loss — — — Total $ 2,725,418 $ 352,977 $ 230,178 December 31, 2016 Commercial, Commercial, Real Estate - RISK RATING 1 $ — $ 1,449 $ — 2 — 26,743 — 3 82,102 36,644 — 4 729,281 135,702 28,177 5 1,615,331 129,366 175,595 5W - Watch 68,372 6,395 1,223 6 - Other assets especially mentioned 33,015 5,242 — 7 - Substandard 28,500 8,687 6,114 8 - Doubtful — — — 9 - Loss — — — Total $ 2,556,601 $ 350,228 $ 211,109 The risk rating tables above do not include residential mortgage loans, consumer loans, or leases because they are evaluated on their payment status. Allowance for Loan and Lease Losses The following table details activity in the allowance for loan and lease losses by portfolio segment for the three and six months ended June 30, 2017 and 2016: Three Months Ended June 30, 2017 Commercial, Commercial, Leases Real Estate- Real Estate- Home Total (in thousands) Beginning Balance $ 22,083 $ 1,792 $ 502 $ 1,825 $ 2,378 $ 3,010 $ 31,590 Charge-offs (83 ) (71 ) (120 ) (169 ) — (427 ) (870 ) Recoveries 145 27 28 — 5 71 276 Provision 1,199 (60 ) 119 98 213 258 1,827 Ending Balance $ 23,344 $ 1,688 $ 529 $ 1,754 $ 2,596 $ 2,912 $ 32,823 Three Months Ended June 30, 2016 Commercial, Commercial, Leases Real Estate- Real Estate- Home Total (in thousands) Beginning Balance $ 20,077 $ 2,597 $ 588 $ 2,266 $ 1,504 $ 3,521 $ 30,553 Charge-offs (139 ) (171 ) (205 ) (213 ) — (317 ) (1,045 ) Recoveries 26 34 21 1 — 67 149 Provision 395 (248 ) 220 110 284 249 1,010 Ending Balance $ 20,359 $ 2,212 $ 624 $ 2,164 $ 1,788 $ 3,520 $ 30,667 Six Months Ended June 30, 2017 Commercial, Commercial, Leases Real Estate- Real Estate- Home Total (in thousands) Beginning Balance $ 21,223 $ 1,723 $ 548 $ 1,964 $ 2,352 $ 3,435 $ 31,245 Charge-offs (303 ) (234 ) (163 ) (310 ) (609 ) (611 ) (2,230 ) Recoveries 364 122 32 — 20 225 763 Provision 2,060 77 112 100 833 (137 ) 3,045 Ending Balance $ 23,344 $ 1,688 $ 529 $ 1,754 $ 2,596 $ 2,912 $ 32,823 Six Months Ended June 30, 2016 Commercial, Commercial, Leases Real Estate- Real Estate- Home Total (in thousands) Beginning Balance $ 20,223 $ 2,637 $ 460 $ 2,588 $ 1,591 $ 3,375 $ 30,874 Charge-offs (274 ) (796 ) (275 ) (306 ) — (937 ) (2,588 ) Recoveries 81 76 22 4 — 113 296 Provision 329 295 417 (122 ) 197 969 2,085 Ending Balance $ 20,359 $ 2,212 $ 624 $ 2,164 $ 1,788 $ 3,520 $ 30,667 Loans receivable summarized by portfolio segment and impairment method are as follows: Commercial, Commercial, Real Estate- Home Secured by Industrial Residential Real Estate- Equity and June 30, 2017 Real Estate and Other Leases Mortgage Construction Consumer Total (in thousands) Ending Balance: Individually evaluated for impairment $ 19,828 $ 999 $ — $ 1,975 $ 1,472 $ 1,148 $ 25,422 Ending Balance: Collectively evaluated for impairment 2,704,863 351,971 70,295 335,790 228,706 336,487 4,028,112 Ending Balance: Loans acquired with deteriorated credit quality 727 7 — — — 8 742 Ending Balance (1) $ 2,725,418 $ 352,977 $ 70,295 $ 337,765 $ 230,178 $ 337,643 $ 4,054,276 Commercial, Commercial, Real Estate- Home Secured by Industrial Residential Real Estate- Equity and December 31, 2016 Real Estate and Other Leases Mortgage Construction Consumer Total (in thousands) Ending Balance: Individually evaluated for impairment $ 18,624 $ 952 $ — $ 2,911 $ 1,471 $ 1,327 $ 25,285 Ending Balance: Collectively evaluated for impairment 2,536,858 349,001 67,016 346,670 209,638 338,019 3,847,202 Ending balance: Loans acquired with deteriorated credit quality 1,119 275 — — — 14 1,408 Ending Balance (1) $ 2,556,601 $ 350,228 $ 67,016 $ 349,581 $ 211,109 $ 339,360 $ 3,873,895 (1) Excludes deferred fees The allowance for loan and lease losses is summarized by portfolio segment and impairment classification as follows: Commercial, Commercial, Real Estate- Home Secured by Industrial Residential Real Estate- Equity and June 30, 2017 Real Estate and Other Leases Mortgage Construction Consumer Total (in thousands) Ending Balance: Individually evaluated for impairment $ 276 $ 14 $ — $ 34 $ — $ 99 $ 423 Ending Balance: Collectively evaluated for impairment 23,068 1,674 529 1,720 2,596 2,813 32,400 Ending Balance $ 23,344 $ 1,688 $ 529 $ 1,754 $ 2,596 $ 2,912 $ 32,823 Commercial, Commercial, Real Estate- Home Secured by Industrial Residential Real Estate- Equity and December 31, 2016 Real Estate and Other Leases Mortgage Construction Consumer Total (in thousands) Ending Balance: Individually evaluated for impairment $ 392 $ 12 $ — $ 31 $ — $ 94 $ 529 Ending Balance: Collectively evaluated for impairment 20,831 1,711 548 1,933 2,352 3,341 30,716 Ending Balance $ 21,223 $ 1,723 $ 548 $ 1,964 $ 2,352 $ 3,435 $ 31,245 Lakeland also maintains a reserve for unfunded lending commitments which is included in other liabilities. This reserve was $2.5 million for each of the periods ended June 30, 2017 and December 31, 2016. The Company analyzes the adequacy of the reserve for unfunded lending commitments quarterly. Troubled Debt Restructurings Loans are classified as troubled debt restructured loans in cases where borrowers experience financial difficulties and Lakeland makes certain concessionary modifications to contractual terms. Restructured loans typically involve a modification of terms such as a reduction of the stated interest rate, a moratorium of principal payments and/or an extension of the maturity date at a stated interest rate lower than the current market rate of a new loan with similar risk. The Company considers the potential losses on these loans as well as the remainder of its impaired loans while considering the adequacy of the allowance for loan and lease losses. The following table summarizes loans that have been restructured during the three and six months ended June 30, 2017 and 2016: For the Three Months Ended For the Three Months Ended June 30, 2017 June 30, 2016 Pre- Post- Pre- Post- Modification Modification Modification Modification Outstanding Outstanding Outstanding Outstanding Number of Recorded Recorded Number of Recorded Recorded Contracts Investment Investment Contracts Investment Investment (dollars in thousands) Commercial, secured by real estate 2 $ 159 $ 159 — $ — $ — Commercial, industrial and other 2 124 124 — — — 4 $ 283 $ 283 — $ — $ — For the Six Months Ended For the Six Months Ended June 30, 2017 June 30, 2016 Pre- Post- Pre- Post- Modification Modification Modification Modification Outstanding Outstanding Outstanding Outstanding Number of Recorded Recorded Number of Recorded Recorded Contracts Investment Investment Contracts Investment Investment (dollars in thousands) Commercial, secured by real estate 4 $ 3,038 $ 3,038 $ — $ — $ — Commercial, industrial and other 2 124 124 — — — Home equity and consumer — — — 3 285 285 6 $ 3,162 $ 3,162 $ 3 $ 285 $ 285 The following table summarizes as of June 30, 2017 and 2016, loans that were restructured within the previous twelve months that have subsequently defaulted: June 30, 2017 June 30, 2016 Number of Recorded Number of Recorded Contracts Investment Contracts Investment (dollars in thousands) Real estate - residential mortgage 1 $ 254 — $ — Home equity and consumer — — 1 162 1 $ 254 1 $ 162 Other Real Estate and Other Repossessed Assets At June 30, 2017, the Company had other real estate owned and other repossessed assets of $1.4 million and $28,000, respectively. At December 31, 2016, the Company had other real estate owned and other repossessed assets of $1.1 million and $9,000, respectively. Included in other real estate owned was residential property acquired as a result of foreclosure proceedings totaling $1.1 million that the Company held at each of the periods ended June 30, 2017 and December 31, 2016.

Derivatives

Derivatives	6 Months Ended
	Jun. 30, 2017
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivatives	NOTE 6 – DERIVATIVES Lakeland is a party to interest rate derivatives that are not designated as hedging instruments. Under a program, Lakeland 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 Lakeland executes with a third party, such that Lakeland minimizes its net risk exposure resulting from such transactions. Because the interest rate swaps associated with this program do not meet the strict hedge accounting requirements, changes in the fair value of both the customer swaps and the offsetting swaps are recognized directly in earnings. The changes in the fair value of the swaps offset each other, except for the credit risk of the counterparties, which is determined by taking into consideration the risk rating, probability of default and loss given default for all counterparties. Lakeland had $7.5 million in available for sale securities pledged for collateral on its interest rate swaps with the financial institution at each of June 30, 2017 and December 31, 2016. In June 2016, the Company entered into two cash flow hedges in order to hedge the variable cash outflows associated with its subordinated debentures. The notional value of these hedges was $30.0 million. The Company’s objectives in using the cash flow hedge are to add stability to interest expense and to manage its exposure to interest rate movements. The Company used interest rate swaps designated as cash flow hedges which involved the receipt of variable amounts from a counterparty in exchange for the Company making fixed-rate payments over the life of the agreements without exchange of the underlying notional amount. In these particular hedges the Company is paying a third party an average of 1.10% in exchange for a payment at 3 month LIBOR. The effective portion of changes in the fair value of derivatives designated and that qualify as cash flow hedges are recorded in accumulated other comprehensive income and are subsequently reclassified into earnings in the period that the hedged forecasted transaction affects earnings. During the six months ended June 30, 2017, the Company did not record any hedge ineffectiveness. The Company recognized $4,000 of accumulated other comprehensive income that was reclassified into interest expense for the first six months of 2017. Amounts reported in accumulated other comprehensive income related to derivatives will be reclassified to interest expense as interest payments are made on the Company’s debt. During the next twelve months, the Company estimates that $60,000 will be reclassified as a decrease to interest expense should the rate environment remain the same. The following table presents summary information regarding these derivatives for the periods presented (dollars in thousands): June 30, 2017 Notional Amount Average Weighted Average Weighted Average Fair Value Classified in Other Assets: 3rd Party interest rate swaps $ 87,852 9.4 3.78 % 1 Mo. LIBOR + 2.12 $ 2,989 Customer interest rate swaps 98,651 11.3 4.64 % 1 Mo. LIBOR + 2.19 2,522 Interest rate swap (cash flow hedge) 30,000 4.0 1.10 % 3 Mo. LIBOR 868 Classified in Other Liabilities: Customer interest rate swaps $ 87,852 9.4 3.78 % 1 Mo. LIBOR + 2.12 $ (2,989 ) 3rd Party interest rate swaps 98,651 11.3 4.64 % 1 Mo. LIBOR + 2.19 (2,522 ) December 31, 2016 Notional Amount Average Weighted Average Weighted Average Fair Value Customer interest rate swaps $ 129,252 10.9 4.03 % 1 Mo. LIBOR + 2.10 $ (2,345 ) 3rd party interest rate swaps (129,252 ) 10.9 4.03 % 1 Mo. LIBOR + 2.10 2,345 Interest rate swap (cash flow hedge) 30,000 4.5 1.10 % 3 Mo. LIBOR 1,033

Goodwill and Intangible Assets

Goodwill and Intangible Assets	6 Months Ended
	Jun. 30, 2017
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets	NOTE 7 – GOODWILL AND INTANGIBLE ASSETS The Company had goodwill of $136.4 million and $135.7 million for the periods ended June 30, 2017 and December 31, 2016, respectively. The Company reviews its goodwill and intangible assets annually, on November 30, or more frequently if conditions warrant, for impairment. In testing goodwill for impairment, the Company compares the estimated fair value of its reporting unit to its carrying amount, including goodwill. The Company has determined that it has one reporting unit, Community Banking. The Company had core deposit intangible of $2.6 million and $3.3 million for the periods ended June 30, 2017 and December 31, 2016, respectively. The estimated future amortization expense for the remainder of 2017 and for each of the succeeding five years ended December 31 is as follows (dollars in thousands): For the Year Ended 2017 $ 268 2018 594 2019 504 2020 415 2021 326 2022 236

Borrowings

Borrowings	6 Months Ended
	Jun. 30, 2017
Debt Disclosure [Abstract]
Borrowings	NOTE 8 – BORROWINGS Repurchase Agreements At June 30, 2017, the Company had federal funds purchased and securities sold under agreements to repurchase of $91.6 million and $26.9 million respectively. The securities sold under agreements to repurchase are overnight sweep arrangement accounts with our customers. The Company also had $20.0 million in long-term securities sold under agreements to repurchase included in other borrowings which mature within 1 year. As of June 30, 2017, the Company had $54.9 million in mortgage backed securities pledged for its securities sold under agreements to repurchase. At times the market values of securities collateralizing our securities sold under agreements to repurchase may decline due to changes in interest rates and may necessitate our lenders to issue a “margin call” which requires Lakeland to pledge additional collateral to meet that margin call. Prepayment of Borrowings In the first quarter of 2017, the Company repaid an aggregate of $20.0 million in long-term securities sold under agreements to repurchase and recorded $2.2 million in long-term debt prepayment fees. The Company also repaid an aggregate of $34.0 million in borrowings from the Federal Home Loan Bank of New York and recorded $638,000 in long-term debt prepayment fees.

Share-Based Compensation

Share-Based Compensation	6 Months Ended
	Jun. 30, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Share-Based Compensation	NOTE 9 – SHARE-BASED COMPENSATION The Company grants restricted stock, restricted stock units (“RSUs”) and stock options under the 2009 Equity Compensation Program. Share-based compensation expense of $1.6 million and $1.1 million was recognized for the six months ended June 30, 2017 and 2016, respectively. As of June 30, 2017, there was unrecognized compensation cost of $149,000 related to unvested restricted stock that is expected to be recognized over a weighted average period of approximately 0.59 years. Unrecognized compensation expense related to RSUs was approximately $2.21 million as of June 30, 2017, and that cost is expected to be recognized over a period of 1.53 years. There was no unrecognized compensation expense related to unvested stock options as of June 30, 2017. In the first six months of 2017, the Company granted 13,176 shares of restricted stock to non-employee non-employee The following is a summary of the Company’s restricted stock activity during the six months ended June 30, 2017: Weighted Number of Average Shares Price Outstanding, January 1, 2017 42,875 $ 9.72 Granted 13,176 18.20 Vested (32,901 ) 9.79 Forfeited (48 ) 9.39 Outstanding, June 30, 2017 23,102 $ 14.46 In the first six months of 2017, the Company granted 117,673 RSUs to certain officers at a weighted average grant date fair value of $19.96 per share under the Company’s 2009 Equity Compensation Program. These units vest within a range of two to three years. A portion of these RSUs will vest subject to certain performance conditions in the restricted stock unit agreement. There are also certain provisions in the compensation program which state that if a recipient of the RSUs reaches a certain age and years of service, the person has effectively earned a portion of the RSUs at that time. Compensation expense on the restricted stock units issued in the first half of 2017 is expected to average approximately $783,000 per year over a three year period. In the first six months of 2016, the Company granted 150,226 RSUs at a weighted average grant date fair value of $10.06 per share under the Company’s 2009 Equity Compensation Program. Compensation expense on these restricted stock units is expected to average approximately $504,000 per year over a three year period. The following is a summary of the Company’s RSU activity during the six months ended June 30, 2017: Weighted Number of Average Shares Price Outstanding, January 1, 2017 302,344 $ 10.76 Granted 117,673 19.96 Vested (148,584 ) 13.01 Forfeited (8,995 ) 12.58 Outstanding, June 30, 2017 262,438 $ 13.55 There were no grants of stock options in the first six months of 2017 or 2016. Option activity under the Company’s stock option plans is as follows: Weighted Average Weighted Remaining Average Contractual Aggregate Number of Exercise Term Intrinsic Shares Price (in years) Value Outstanding, January 1, 2017 135,250 $ 8.79 4.18 $ 1,450,533 Granted — — Exercised (31,769 ) 9.84 Forfeited — — Expired — — Outstanding, June 30, 2017 103,481 $ 8.47 4.78 $ 1,076,479 Options exercisable at June 30, 2017 103,481 $ 8.47 4.78 $ 1,076,479 The aggregate intrinsic value in the table above represents the total pre-tax in-the-money There were 31,769 stock options exercised during the first six months of 2017. The aggregate intrinsic value of stock options exercised during the six months ended June 30, 2017 was $318,000. Exercise of stock options during the first six months of 2017 resulted in cash receipts of $313,000.

Comprehensive Income

Comprehensive Income	6 Months Ended
	Jun. 30, 2017
Equity [Abstract]
Comprehensive Income	NOTE 10 – COMPREHENSIVE INCOME The components of other comprehensive income (loss) are as follows: June 30, 2017 June 30, 2016 Before Tax Benefit Net of Before Tax Benefit Net of For the quarter ended: Tax Amount (Expense) Tax Amount Tax Amount (Expense) Tax Amount (in thousands) (in thousands) Net unrealized gains (losses) on available for sale securities Net unrealized holding gains arising during period $ 1,661 $ (632 ) $ 1,029 $ 2,684 $ (987 ) $ 1,697 Reclassification adjustment for net losses arising during the period 15 (6 ) 9 — — — Net unrealized gains 1,676 (638 ) 1,038 2,684 (987 ) 1,697 Unrealized losses on derivatives (186 ) 65 (121 ) (193 ) 67 (126 ) Change in minimum pension liability — — — 8 (2 ) 6 Other comprehensive income, net $ 1,490 $ (573 ) $ 917 $ 2,499 $ (922 ) $ 1,577 For the six months ended: Before Tax Benefit Net of Before Tax Benefit Net of (in thousands) (in thousands) Net unrealized gains on available for sale securities Net unrealized holding gains arising during period $ 2,845 $ (1,082 ) $ 1,763 $ 9,247 $ (3,393 ) $ 5,854 Reclassification adjustment for net gains arising during the period (2,524 ) 884 (1,640 ) (370 ) 137 (233 ) Net unrealized gains 321 (198 ) 123 8,877 (3,256 ) 5,621 Unrealized losses on derivatives (165 ) 58 (107 ) (193 ) 67 (126 ) Change in minimum pension liability — — — 72 (28 ) 44 Other comprehensive income, net $ 156 $ (140 ) $ 16 $ 8,756 $ (3,217 ) $ 5,539 The following table shows the changes in the balances of each of the components of other comprehensive income for the periods presented, net of tax (in thousands): For the Three Months Ended June 30, 2017 For the Three Months Ended June 30, 2016 Unrealized Unrealized Gains Gains (Losses) on Unrealized on Unrealized Available for Sale Losses Available for Sale Losses Securities on Derivatives Pension Items Total Securities on Derivatives Pension Items Total Beginning balance $ (1,032 ) $ 686 $ 38 $ (308 ) $ 5,078 $ — $ 34 $ 5,112 Other comprehensive income before classifications 1,029 (121 ) — 908 1,697 (126 ) 6 1,577 Amounts reclassified from accumulated other comprehensive income 9 — — 9 — — — — Net current period other comprehensive income (loss) 1,038 (121 ) — 917 1,697 (126 ) 6 1,577 Ending balance $ 6 $ 565 $ 38 $ 609 $ 6,775 (126 ) $ 40 $ 6,689 For the Six Months Ended June 30, 2017 For the Six Months Ended June 30, 2016 Unrealized Unrealized Gains (Losses) on Unrealized Gains on Unrealized Available for Sale Losses Available for Sale Losses Securities on Derivatives Pension Items Total Securities on Derivatives Pension Items Total Beginning balance $ (117 ) $ 672 $ 38 $ 593 $ 1,154 $ — $ (4 ) $ 1,150 Other comprehensive income before classifications 1,763 (107 ) — 1,656 5,854 (126 ) 44 5,772 Amounts reclassified from accumulated other comprehensive income (1,640 ) — — (1,640 ) (233 ) — — (233 ) Net current period other comprehensive income 123 (107 ) — 16 5,621 (126 ) 44 5,539 Ending balance $ 6 $ 565 $ 38 $ 609 $ 6,775 (126 ) $ 40 $ 6,689

Estimated Fair Value of Financi

Estimated Fair Value of Financial Instruments and Fair Value Measurement	6 Months Ended
	Jun. 30, 2017
Fair Value Disclosures [Abstract]
Estimated Fair Value of Financial Instruments and Fair Value Measurement	NOTE 11 – ESTIMATED FAIR VALUE OF FINANCIAL INSTRUMENTS AND FAIR VALUE MEASUREMENT Fair Value Measurement Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in the principal or most advantageous market for an asset or liability in an orderly transaction between market participants at the measurement date. U.S. GAAP establishes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value into three broad levels giving the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (level 1 measurements) and the lowest level priority to unobservable inputs (level 3 measurements). The following describes the three levels of fair value hierarchy: Level 1 – unadjusted quoted prices in active markets for identical assets or liabilities; includes U.S. Treasury Notes, and other U.S. Government Agency securities that actively trade in over-the-counter over-the-counter Level 2 – quoted prices for similar assets or liabilities in active markets; or quoted prices for identical or similar assets or liabilities in markets that are not active; or inputs other than quoted prices that are observable for the asset or liability including yield curves, volatilities, and prepayment speeds. Level 3 – unobservable inputs for the asset or liability that reflect the Company’s own assumptions about assumptions that market participants would use in the pricing of the asset or liability and that are consequently not based on market activity but upon particular valuation techniques. The Company’s assets that are measured at fair value on a recurring basis are it’s available for sale investment securities. The Company obtains fair values on its securities using information from a third party servicer. If quoted prices for securities are available in an active market, those securities are classified as Level 1 securities. The Company has U.S. Treasury Notes and certain equity securities that are classified as Level 1 securities. Level 2 securities were primarily comprised of U.S. Agency bonds, residential mortgage-backed securities, obligations of state and political subdivisions and corporate securities. Fair values were estimated primarily by obtaining quoted prices for similar assets in active markets or through the use of pricing models supported with market data information. Standard inputs include benchmark yields, reported trades, issuer spreads, bids and offers. On a quarterly basis, the Company reviews the pricing information received from the Company’s third party pricing service. This review includes a comparison to non-binding The fair values of derivatives are based on valuation models from a third party using current market terms (including interest rates and fees), the remaining terms of the agreements and the credit worthiness of the counter party as of the measurement date (Level 2). The following table sets forth the Company’s financial assets that were accounted for at fair value on a recurring basis as of the periods presented by level within the fair value hierarchy. During the six months ended June 30, 2017, the Company did not make any transfers between any levels within the fair value hierarchy. Financial assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement: Quoted Prices in Significant Active Markets Other Significant for Identical Observable Unobservable Assets Inputs Inputs Total (Level 1) (Level 2) (Level 3) Fair Value (in thousands) June 30, 2017 Assets: Investment securities, available for sale U.S. Treasury and government agencies $ 5,696 $ 136,748 $ — $ 142,444 Mortgage-backed securities — 453,742 — 453,742 Obligations of states and political subdivisions — 54,274 — 54,274 Other debt securities — 5,095 — 5,095 Equity securities 4,722 12,887 — 17,609 Total securities available for sale 10,418 662,746 — 673,164 Derivative assets — 6,379 — 6,379 Total Assets $ 10,418 $ 669,125 $ — $ 679,543 Liabilities: Derivative liabilities $ — $ 5,511 $ — $ 5,511 Total Liabilities $ — $ 5,511 $ — $ 5,511 December 31, 2016 Assets: Investment securities, available for sale U.S. Treasury and government agencies $ 5,931 $ 111,428 $ — $ 117,359 Mortgage-backed securities — 413,725 — 413,725 Obligations of states and political subdivisions — 48,326 — 48,326 Other debt securities — 5,412 — 5,412 Equity securities 7,748 14,134 — 21,882 Total securities available for sale 13,679 593,025 — 606,704 Derivative assets — 3,378 — 3,378 Total Assets $ 13,679 $ 596,403 $ — $ 610,082 Liabilities: Derivative liabilities $ — $ 2,345 $ — $ 2,345 Total Liabilities $ — $ 2,345 $ — $ 2,345 The following table sets forth the Company’s assets subject to fair value adjustments (impairment) on a non-recurring (Level 1) (Level 2) (Level 3) Total (in thousands) June 30, 2017 Assets: Impaired loans and leases $ — $ — $ 25,422 $ 25,422 Loans held for sale — 877 — 877 Other real estate owned and other repossessed assets — — 1,415 1,415 December 31, 2016 Assets: Impaired loans and leases $ — $ — $ 25,285 $ 25,285 Loans held for sale — 1,742 — 1,742 Other real estate owned and other repossessed assets — — 1,072 1,072 Impaired loans are evaluated and valued at the time the loan is identified as impaired at the lower of cost or market value of the underlying collateral. Because most of Lakeland’s impaired loans are collateral dependent, fair value is generally measured based on the value of the collateral, less estimated costs to sell, securing these loans and leases and is classified at a level 3 in the fair value hierarchy. Collateral may be real estate, accounts receivable, inventory, equipment and/or other business assets. The value of real estate is assessed based on appraisals by qualified third party licensed appraisers. The appraisers may use the sales comparison approach, the cost approach or the income approach to value the collateral using discount rates (with ranges of 5-11%) 5-10%) The Company has a held for sale loan portfolio that consists of residential mortgages that are being sold in the secondary market. The Company records these mortgages at the lower of cost or market value. Fair value is generally determined by the value of purchase commitments. Other real estate owned (“OREO”) and other repossessed assets, representing property acquired through foreclosure, are recorded at fair value less estimated disposal costs of the acquired property on the date of acquisition and thereafter re-measured Changes in the assumptions or methodologies used to estimate fair values may materially affect the estimated amounts. Changes in economic conditions, locally or nationally, could impact the value of the estimated amounts of impaired loans, OREO and other repossessed assets. Fair Value of Certain Financial Instruments Estimated fair values have been determined by the Company using the best available data and an estimation methodology suitable for each category of financial instruments. There may not be reasonable comparability between institutions due to the wide range of permitted assumptions and methodologies in the absence of active markets. This lack of uniformity gives rise to a high degree of subjectivity in estimating financial instrument fair values. The estimation methodologies used, the estimated fair values, and recorded book balances at June 30, 2017 and December 31, 2016 are outlined below. This summary, as well as the table below, excludes financial assets and liabilities for which carrying value approximates fair value. For financial assets, these include cash and cash equivalents. For financial liabilities, these include noninterest-bearing demand deposits, savings and interest-bearing transaction accounts and federal funds sold and securities sold under agreements to repurchase. The estimated fair value of demand, savings and interest-bearing transaction accounts is the amount payable on demand at the reporting date. Carrying value is used because there is no stated maturity on these accounts, and the customer has the ability to withdraw the funds immediately. Also excluded from this summary and the following table are those financial instruments recorded at fair value on a recurring basis, as previously described. The fair value of investment securities held to maturity was measured using information from the same third-party servicer used for investment securities available for sale using the same methodologies discussed above. Investment securities held to maturity includes $27.5 million in short-term municipal bond anticipation notes and $1.0 million in subordinated debt that are non-rated FHLB stock is an equity interest that can be sold to the issuing FHLB, to other Federal Home Loan Banks, or to other member banks at its par value. Because ownership of these securities is restricted, they do not have a readily determinable fair value. As such, the Company’s FHLB stock is recorded at cost or par value and is evaluated for impairment each reporting period by considering the ultimate recoverability of the investment rather than temporary declines in value. The Company’s evaluation primarily includes an evaluation of liquidity, capitalization, operating performance, commitments, and regulatory or legislative events. The net loan portfolio at June 30, 2017 and December 31, 2016 has been valued using a present value discounted cash flow where market prices are not available. The discount rate used in these calculations is the estimated current market rate adjusted for credit risk. The valuation of the Company’s loan portfolio is consistent with accounting guidance but does not fully incorporate the exit price approach. For fixed maturity certificates of deposit, fair value is estimated based on the present value of discounted cash flows using the rates currently offered for deposits of similar remaining maturities. The carrying amount of accrued interest payable approximates its fair value. The fair value of long-term debt is based upon the discounted value of contractual cash flows. The Company estimates the discount rate using the rates currently offered for similar borrowing arrangements. The fair value of subordinated debentures is based on bid/ask prices from brokers for similar types of instruments. The fair values of commitments to extend credit and standby letters of credit are estimated using the fees currently charged to enter into similar agreements, taking into account the remaining terms of the agreements and the present creditworthiness of the counterparties. For fixed-rate loan commitments, fair value also considers the difference between current levels of interest rates and the committed rates. The fair value of guarantees and letters of credit is based on fees currently charged for similar agreements or on the estimated cost to terminate them or otherwise settle the obligations with the counterparties at the reporting date. The fair value of commitments to extend credit and standby letters of credit are deemed immaterial. The following table presents the carrying values, fair values and placement in the fair value hierarchy of the Company’s financial instruments as of June 30, 2017 and December 31, 2016: Carrying Fair Quoted Prices in Significant Significant (in thousands) June 30, 2017 Financial Assets: Investment securities held to maturity $ 138,468 $ 138,619 $ — $ 110,139 $ 28,480 Federal Home Loan Bank and other membership bank stocks 18,899 18,899 — 18,899 — Loans and leases, net 4,017,908 4,019,534 — — 4,019,534 Financial Liabilities: Certificates of deposit 566,245 564,084 — 564,084 — Other borrowings 312,251 312,136 — 312,136 — Subordinated debentures 104,842 95,588 — — 95,588 December 31, 2016 Financial Assets: Investment securities held to maturity $ 147,614 $ 146,990 $ — $ 111,403 $ 35,587 Federal Home Loan Bank and other membership bank stocks 15,099 15,099 — 15,099 — Loans and leases, net 3,839,353 3,832,465 — — 3,832,465 Financial Liabilities: Certificates of deposit 544,908 543,399 — 543,399 — Other borrowings 260,866 264,586 — 264,586 — Subordinated debentures 104,784 94,476 — — 94,476

Recent Accounting Pronouncement

Recent Accounting Pronouncements	6 Months Ended
	Jun. 30, 2017
Accounting Changes and Error Corrections [Abstract]
Recent Accounting Pronouncements	NOTE 12 – RECENT ACCOUNTING PRONOUNCMENTS In May 2017, the Financial Accounting Standards Board (“FASB”) issued an update which provides clarity and reduces diversity in practice when accounting for the modification of terms and conditions for share-based payment awards. Previous accounting guidance did not distinguish between modifications which were substantive from modifications that were merely administrative. The accounting standards update requires entities to account for the effects of a modification unless the following three conditions are met: the fair value of the modified award is the same as the fair value of the original award immediately before the original award is modified; the vesting conditions of the modified award are the same as the vesting conditions of the original award immediately before the original award is modified; and the classification of the modified award as an equity instrument or a liability instrument is the same as the classification of the original award immediately before the original award is modified. This update will be effective for annual and interim periods beginning after December 15, 2017. The adoption of this update is not expected to have a material impact on the Company’s financial statements. In March 2017, the FASB issued an update which shortens the amortization period for certain callable debt securities held at a premium to the earliest call date. Under current GAAP, entities amortize the premium as an adjustment of yield over the contractual life of the instrument even if the holder is certain that the call will be exercised. As a result, upon the exercise of a call on a callable debt security held at a premium, the unamortized premium is recorded as a loss in earnings. The update shortens the amortization period for certain callable debt securities held at a premium and requires the premium be amortized to the earliest call date. This update will be effective for annual and interim periods beginning after December 15, 2018. Entities are required to apply the amendments on a modified retrospective basis through a cumulative-effect adjustment directly to retained earnings as of the beginning of the period of adoption. The adoption of this update is not expected to have a material impact on the Company’s financial statements. In March 2017, the FASB issued an update which improves the presentation of net periodic pension cost and net periodic postretirement benefit cost in a company’s income statement. The amendment requires that an employer report the service cost component in the same line items as other compensation costs arising from services rendered by the pertinent employees during the period. The other components of net benefit cost are 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 amendment is effective for annual and interim periods beginning after December 15, 2017. The adoption of this update is not expected to have a material impact on the Company’s financial statements. In January 2017, the FASB issued an update to simplify the test for goodwill impairment. This amendment eliminates Step 2 from the goodwill impairment test. The annual, or interim, goodwill impairment test is performed by comparing the fair value of a reporting unit with its carrying amount. An impairment charge should be recognized for the amount by which the carrying amount exceeds the reporting unit’s fair value. This update will be effective for the Company’s financial statements for fiscal years beginning after December 15, 2019. The adoption of this update is not expected to have a material impact on the Company’s financial statements. In January 2017, the FASB issued an update that clarifies the definition of a business as it pertains to business combinations. This amendment affects all companies and other reporting organizations that must determine whether they have sold or acquired a business. This update will be effective for the Company’s financial statements for fiscal years beginning after December 15, 2017. The adoption of this update is not expected to have a material impact on the Company’s financial statements. In September 2016, the FASB issued an accounting standards update to address diversity in presentation in how certain cash receipts and cash payments are presented and classified in the statement of cash flows. This update will be effective for financial statements issued for fiscal years and interim periods beginning after December 15, 2017. The adoption of this update is not expected to have a material impact on the Company’s financial statements. In June 2016, the FASB issued an accounting standards update pertaining to the measurement of credit losses on financial instruments. This update requires the measurement of all expected credit losses for financial instruments held at the reporting date based on historical experience, current conditions, and reasonable and supportable forecasts. Financial institutions and other organizations will now use forward-looking information to better inform their credit loss estimates. This update is intended to improve financial reporting by requiring timelier recording of credit losses on loans and other financial instruments held by financial institutions and other organizations. This update will be effective for financial statements issued for fiscal years and interim periods beginning after December 15, 2019. The Company is currently evaluating its existing systems and data to support the new standard as well as assessing the impact that the guidance will have on the Company’s consolidated financial statements. In March 2016, the FASB issued an accounting standards update to simplify employee share-based payment accounting. The areas for simplification in this update involve several aspects of the accounting for employee share-based payment transactions, including the income tax consequences, classification of awards as either equity or liabilities, and classification on the statement of cash flows. The standard specifically requires excess tax benefits and tax deficiencies to be recorded in the income statement when awards vest or are settled. The Company adopted this accounting standards update in the first quarter of 2017. As a result, during the first six months of 2017, the Company recorded $582,000 in excess tax benefits in the income statement. The Company elected to continue its existing practice of estimating the number of awards that will be forfeited. The Company elected to apply the cash flow classification guidance prospectively, and therefore, prior periods have not been adjusted. In March 2016, the FASB issued an accounting standards update that requires that embedded derivatives be separated from the host contract and accounted for separately as derivatives if certain criteria are met, including the “clearly and closely related” criterion. The amendments in this update clarify the requirements for assessing whether contingent call or put options that can accelerate the payment of principal on debt instruments are clearly and closely related to their debt hosts. The Company adopted this accounting standards update in the first quarter of 2017. The adoption of this update did not have a material impact on the Company’s financial statements. In February 2016, FASB issued accounting guidance that requires all lessees to recognize a lease liability and a right-of-use right-of-use In January 2016, the FASB issued an accounting standards update intended to improve the recognition and measurement of financial instruments. Specifically, the accounting standards update requires all equity instruments, with the exception of those that are accounted for under the equity method of accounting, to be measured at fair value with changes in the fair value recognized through net income. Additionally, public business entities are required to use the exit price notion when measuring the fair value of financial instruments for disclosure purposes. The amendments in this update also require an entity to present separately in other comprehensive income the portion of the total change in the fair value of a liability resulting from a change in the instrument-specific credit risk when the entity has elected to measure the liability at fair value in accordance with the fair value option for financial instruments. This amendment is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2017. The adoption of this update is not expected to have a material impact on the Company’s financial statements. In May 2014, the FASB issued an accounting standards update that clarifies the principles for recognizing revenue. The core principle of the guidance is that an entity should recognize revenue to depict the transfer of promised goods or services to a customer in an amount that reflects the consideration to which the entity expects to be entitled in exchange for these goods or services. To achieve that core principle, an entity should apply the following steps: (i) identify the contract(s) with a customer; (ii) identify the performance obligations in the contract; (iii) determine the transaction price; (iv) allocate the transaction price to the performance obligations in the contract; and (v) recognize revenue when (or as) the entity satisfies a performance obligation. In 2016, the FASB issued further implementation guidance regarding revenue recognition. This additional guidance included clarification on certain principal versus agent considerations within the implementation of the guidance as well as clarification related to identifying performance obligations and licensing. The guidance along with its updates is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2017. The Company is still evaluating the potential impact on the Company’s financial statements. In evaluating this standard, management has determined that the majority of revenue earned by the Company is from revenue streams not included in the scope of this standard and therefore management does not expect the new revenue recognition guidance to have a material impact on its consolidated financial statements.

Significant Accounting Polici20

Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2017
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation. This quarterly report presents the consolidated financial statements of Lakeland Bancorp, Inc. and its subsidiaries, including Lakeland Bank (“Lakeland”) and the Bank’s wholly owned subsidiaries (collectively, the “Company”). The accounting and reporting policies of the Company conform with accounting principles generally accepted in the United States of America (“U.S. GAAP”) and predominant practices within the banking industry. The Company’s unaudited interim financial statements reflect all adjustments, such as normal recurring accruals that are, in the opinion of management, necessary for the fair presentation of the results of the interim periods. The results of operations for the six months ended June 30, 2017 do not necessarily indicate the results that the Company will achieve for all of 2017. Certain information and footnote disclosures required under U.S. GAAP have been condensed or omitted, as permitted by rules and regulations of the Securities and Exchange Commission. These unaudited interim financial statements should be read in conjunction with the audited consolidated financial statements and accompanying notes that are presented in the Company’s Annual Report on Form 10-K
Recent Accounting Pronouncements	RECENT ACCOUNTING PRONOUNCMENTS In May 2017, the Financial Accounting Standards Board (“FASB”) issued an update which provides clarity and reduces diversity in practice when accounting for the modification of terms and conditions for share-based payment awards. Previous accounting guidance did not distinguish between modifications which were substantive from modifications that were merely administrative. The accounting standards update requires entities to account for the effects of a modification unless the following three conditions are met: the fair value of the modified award is the same as the fair value of the original award immediately before the original award is modified; the vesting conditions of the modified award are the same as the vesting conditions of the original award immediately before the original award is modified; and the classification of the modified award as an equity instrument or a liability instrument is the same as the classification of the original award immediately before the original award is modified. This update will be effective for annual and interim periods beginning after December 15, 2017. The adoption of this update is not expected to have a material impact on the Company’s financial statements. In March 2017, the FASB issued an update which shortens the amortization period for certain callable debt securities held at a premium to the earliest call date. Under current GAAP, entities amortize the premium as an adjustment of yield over the contractual life of the instrument even if the holder is certain that the call will be exercised. As a result, upon the exercise of a call on a callable debt security held at a premium, the unamortized premium is recorded as a loss in earnings. The update shortens the amortization period for certain callable debt securities held at a premium and requires the premium be amortized to the earliest call date. This update will be effective for annual and interim periods beginning after December 15, 2018. Entities are required to apply the amendments on a modified retrospective basis through a cumulative-effect adjustment directly to retained earnings as of the beginning of the period of adoption. The adoption of this update is not expected to have a material impact on the Company’s financial statements. In March 2017, the FASB issued an update which improves the presentation of net periodic pension cost and net periodic postretirement benefit cost in a company’s income statement. The amendment requires that an employer report the service cost component in the same line items as other compensation costs arising from services rendered by the pertinent employees during the period. The other components of net benefit cost are 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 amendment is effective for annual and interim periods beginning after December 15, 2017. The adoption of this update is not expected to have a material impact on the Company’s financial statements. In January 2017, the FASB issued an update to simplify the test for goodwill impairment. This amendment eliminates Step 2 from the goodwill impairment test. The annual, or interim, goodwill impairment test is performed by comparing the fair value of a reporting unit with its carrying amount. An impairment charge should be recognized for the amount by which the carrying amount exceeds the reporting unit’s fair value. This update will be effective for the Company’s financial statements for fiscal years beginning after December 15, 2019. The adoption of this update is not expected to have a material impact on the Company’s financial statements. In January 2017, the FASB issued an update that clarifies the definition of a business as it pertains to business combinations. This amendment affects all companies and other reporting organizations that must determine whether they have sold or acquired a business. This update will be effective for the Company’s financial statements for fiscal years beginning after December 15, 2017. The adoption of this update is not expected to have a material impact on the Company’s financial statements. In September 2016, the FASB issued an accounting standards update to address diversity in presentation in how certain cash receipts and cash payments are presented and classified in the statement of cash flows. This update will be effective for financial statements issued for fiscal years and interim periods beginning after December 15, 2017. The adoption of this update is not expected to have a material impact on the Company’s financial statements. In June 2016, the FASB issued an accounting standards update pertaining to the measurement of credit losses on financial instruments. This update requires the measurement of all expected credit losses for financial instruments held at the reporting date based on historical experience, current conditions, and reasonable and supportable forecasts. Financial institutions and other organizations will now use forward-looking information to better inform their credit loss estimates. This update is intended to improve financial reporting by requiring timelier recording of credit losses on loans and other financial instruments held by financial institutions and other organizations. This update will be effective for financial statements issued for fiscal years and interim periods beginning after December 15, 2019. The Company is currently evaluating its existing systems and data to support the new standard as well as assessing the impact that the guidance will have on the Company’s consolidated financial statements. In March 2016, the FASB issued an accounting standards update to simplify employee share-based payment accounting. The areas for simplification in this update involve several aspects of the accounting for employee share-based payment transactions, including the income tax consequences, classification of awards as either equity or liabilities, and classification on the statement of cash flows. The standard specifically requires excess tax benefits and tax deficiencies to be recorded in the income statement when awards vest or are settled. The Company adopted this accounting standards update in the first quarter of 2017. As a result, during the first six months of 2017, the Company recorded $582,000 in excess tax benefits in the income statement. The Company elected to continue its existing practice of estimating the number of awards that will be forfeited. The Company elected to apply the cash flow classification guidance prospectively, and therefore, prior periods have not been adjusted. In March 2016, the FASB issued an accounting standards update that requires that embedded derivatives be separated from the host contract and accounted for separately as derivatives if certain criteria are met, including the “clearly and closely related” criterion. The amendments in this update clarify the requirements for assessing whether contingent call or put options that can accelerate the payment of principal on debt instruments are clearly and closely related to their debt hosts. The Company adopted this accounting standards update in the first quarter of 2017. The adoption of this update did not have a material impact on the Company’s financial statements. In February 2016, FASB issued accounting guidance that requires all lessees to recognize a lease liability and a right-of-use right-of-use In January 2016, the FASB issued an accounting standards update intended to improve the recognition and measurement of financial instruments. Specifically, the accounting standards update requires all equity instruments, with the exception of those that are accounted for under the equity method of accounting, to be measured at fair value with changes in the fair value recognized through net income. Additionally, public business entities are required to use the exit price notion when measuring the fair value of financial instruments for disclosure purposes. The amendments in this update also require an entity to present separately in other comprehensive income the portion of the total change in the fair value of a liability resulting from a change in the instrument-specific credit risk when the entity has elected to measure the liability at fair value in accordance with the fair value option for financial instruments. This amendment is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2017. The adoption of this update is not expected to have a material impact on the Company’s financial statements. In May 2014, the FASB issued an accounting standards update that clarifies the principles for recognizing revenue. The core principle of the guidance is that an entity should recognize revenue to depict the transfer of promised goods or services to a customer in an amount that reflects the consideration to which the entity expects to be entitled in exchange for these goods or services. To achieve that core principle, an entity should apply the following steps: (i) identify the contract(s) with a customer; (ii) identify the performance obligations in the contract; (iii) determine the transaction price; (iv) allocate the transaction price to the performance obligations in the contract; and (v) recognize revenue when (or as) the entity satisfies a performance obligation. In 2016, the FASB issued further implementation guidance regarding revenue recognition. This additional guidance included clarification on certain principal versus agent considerations within the implementation of the guidance as well as clarification related to identifying performance obligations and licensing. The guidance along with its updates is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2017. The Company is still evaluating the potential impact on the Company’s financial statements. In evaluating this standard, management has determined that the majority of revenue earned by the Company is from revenue streams not included in the scope of this standard and therefore management does not expect the new revenue recognition guidance to have a material impact on its consolidated financial statements.

Acquisitions (Tables)

Acquisitions (Tables)	6 Months Ended
	Jun. 30, 2017
Harmony Bank [Member]
Summary of Estimated Fair Value of Acquired Assets and Liabilities Assumed at Date of Acquisition, Net of Cash Consideration Paid	The following table summarizes the estimated fair value of the acquired assets and liabilities assumed at the date of acquisition for Harmony, net of cash consideration paid. On July 1, (in thousands) Cash and cash equivalents $ 27,809 Securities available for sale 7,474 Securities held to maturity 6,885 Federal Home Loan Bank stock 780 Loans 259,985 Premises and equipment 3,125 Goodwill 11,147 Identifiable intangible assets 1,088 Accrued interest receivable and other assets 8,146 Total assets acquired 326,439 Deposits (278,060 ) Other borrowings (9,314 ) Other liabilities (2,411 ) Total liabilities assumed (289,785 ) Net assets acquired $ 36,654
Summary of Loans Acquired	The following is a summary of the loans accounted for in accordance with ASC 310-30 Acquired (in thousands) Contractually required principal and interest at acquisition $ 1,264 Contractual cash flows not expected to be collected (non-accretable 398 Expected cash flows at acquisition 866 Interest component of expected cash flows (accretable difference) 97 Fair value of acquired loans $ 769
Pascack Bancorp, Inc. [Member]
Summary of Estimated Fair Value of Acquired Assets and Liabilities Assumed at Date of Acquisition, Net of Cash Consideration Paid	The acquisition was accounted for under the acquisition method of accounting. Accordingly, the assets acquired and liabilities assumed in the acquisition were recorded at their estimated fair values based on management’s best estimates using information available at the date of the acquisition, including the use of a third party valuation specialist. The following table summarizes the estimated fair value of the acquired assets and liabilities assumed at the date of acquisition for Pascack, net of cash consideration paid. On January 7, (in thousands) Cash and cash equivalents $ 40,942 Securities held to maturity 3,925 Federal Home Loan Bank stock 2,962 Loans 319,575 Premises and equipment 14,438 Goodwill 15,311 Identifiable intangible assets 1,514 Accrued interest receivable and other assets 6,672 Total assets acquired 405,339 Deposits (304,466 ) Other borrowings (57,308 ) Other liabilities (6,344 ) Total liabilities assumed (368,118 ) Net assets acquired $ 37,221
Summary of Loans Acquired	The following is a summary of the loans accounted for in accordance with ASC 310-30 Acquired (in thousands) Contractually required principal and interest at acquisition $ 4,932 Contractual cash flows not expected to be collected (non-accretable 4,030 Expected cash flows at acquisition 902 Interest component of expected cash flows (accretable difference) 85 Fair value of acquired loans $ 817

Earnings Per Share (Tables)

Earnings Per Share (Tables)	6 Months Ended
	Jun. 30, 2017
Earnings Per Share [Abstract]
Computation of Basic and Diluted Earnings Per Share	The following schedule shows the Company’s earnings per share calculations for the periods presented: For the Three Months Ended June 30, For the Six Months Ended June 30, 2017 2016 2017 2016 (in thousands, except per share data) (in thousands, except per share data) Net income available to common shareholders $ 13,370 $ 10,130 $ 25,682 $ 18,238 Less: earnings allocated to participating securities 119 106 239 162 Net income allocated to common shareholders $ 13,251 $ 10,024 $ 25,443 $ 18,076 Weighted average number of common shares outstanding - basic 47,465 41,238 47,410 41,084 Share-based plans 209 168 236 161 Weighted average number of common shares outstanding - diluted 47,674 41,406 47,646 41,245 Basic earnings per share $ 0.28 $ 0.24 $ 0.54 $ 0.44 Diluted earnings per share $ 0.28 $ 0.24 $ 0.53 $ 0.44

Investment Securities (Tables)

Investment Securities (Tables)	6 Months Ended
	Jun. 30, 2017
Investments, Debt and Equity Securities [Abstract]
Reconciliation of Available-for-Sale Securities	June 30, 2017 December 31, 2016 Gross Gross Gross Gross Amortized Unrealized Unrealized Fair Amortized Unrealized Unrealized Fair Cost Gains Losses Value Cost Gains Losses Value (in thousands) (in thousands) AVAILABLE FOR SALE U.S. Treasury and U.S. government agencies $ 143,077 $ 244 $ (877 ) $ 142,444 $ 118,537 $ 102 $ (1,280 ) $ 117,359 Mortgage-backed securities, residential 445,829 1,255 (3,541 ) 443,543 406,851 1,174 (4,487 ) 403,538 Mortgage-backed securities, multifamily 10,162 60 (23 ) 10,199 10,192 30 (35 ) 10,187 Obligations of states and political subdivisions 53,798 768 (292 ) 54,274 48,868 391 (933 ) 48,326 Debt securities 5,000 95 — 5,095 5,350 63 (1 ) 5,412 Equity securities 15,385 2,620 (396 ) 17,609 17,314 5,000 (432 ) 21,882 $ 673,251 $ 5,042 $ (5,129 ) $ 673,164 $ 607,112 $ 6,760 $ (7,168 ) $ 606,704
Reconciliation of Held-to-Maturity Securities	June 30, 2017 December 31, 2016 Gross Gross Gross Gross Amortized Unrealized Unrealized Fair Amortized Unrealized Unrealized Fair Cost Gains Losses Value Cost Gains Losses Value (in thousands) (in thousands) HELD TO MATURITY U.S. government agencies $ 33,484 $ 193 $ (283 ) $ 33,394 $ 33,553 $ 144 $ (430 ) $ 33,267 Mortgage-backed securities, residential 38,262 298 (524 ) 38,036 38,706 369 (598 ) 38,477 Mortgage-backed securities, multifamily 2,008 — (17 ) 1,991 2,059 — (44 ) 2,015 Obligations of states and political subdivisions 62,706 585 (135 ) 63,156 71,284 269 (385 ) 71,168 Debt securities 2,008 34 — 2,042 2,012 51 — 2,063 $ 138,468 $ 1,110 $ (959 ) $ 138,619 $ 147,614 $ 833 $ (1,457 ) $ 146,990
Summary of Contractual Maturities of Investment Securities Classified as Available for Sale and Held to Maturity	The following table shows investment securities by stated maturity. Securities backed by mortgages have expected maturities that differ from contractual maturities because borrowers have the right to call or prepay, and are, therefore, classified separately with no specific maturity date (in thousands): Available for Sale Held to Maturity June 30, 2017 Amortized Fair Amortized Fair Due in one year or less $ 2,605 $ 2,623 $ 29,499 $ 29,503 Due after one year through five years 107,942 108,341 35,641 35,904 Due after five years through ten years 66,678 66,174 28,621 28,721 Due after ten years 24,650 24,675 4,437 4,464 201,875 201,813 98,198 98,592 Mortgage-backed securities 455,991 453,742 40,270 40,027 Equity securities 15,385 17,609 — — Total securities $ 673,251 $ 673,164 $ 138,468 $ 138,619
Sales of Securities and Gross Gains on Sales of Securities	The following table shows proceeds from sales of securities and gross gains on sales of securities for the periods indicated (in thousands): For the Three Months Ended June 30, For the Six Months Ended June 30, 2017 2016 2017 2016 Sale proceeds $ — $ — $ 4,499 $ 15,654 Gross gains (losses) (15 ) — 2,524 370
Reconciliation of Available-for-Sale and Held-to-Maturity Securities in Continuous Unrealized Loss Position	The following table indicates the length of time individual securities have been in a continuous unrealized loss position for the periods presented: Less Than 12 Months 12 Months or Longer Total Unrealized Unrealized Number of Unrealized June 30, 2017 Fair Value Losses Fair Value Losses Securities Fair Value Losses (dollars in thousands) AVAILABLE FOR SALE U.S. government agencies $ 67,712 $ 653 $ 4,786 $ 224 15 $ 72,498 $ 877 Mortgage-backed securities, residential 270,813 3,099 17,938 442 85 288,751 3,541 Mortgage-backed securities, multifamily 5,159 23 — — 1 5,159 23 Obligations of states and political subdivisions 17,616 275 877 17 32 18,493 292 Equity securities — — 9,602 396 2 9,602 396 $ 361,300 $ 4,050 $ 33,203 $ 1,079 135 $ 394,503 $ 5,129 HELD TO MATURITY U.S. government agencies $ 12,215 $ 283 $ — $ — 2 $ 12,215 $ 283 Mortgage-backed securities, residential 26,661 411 2,191 113 17 28,852 524 Mortgage-backed securities, multifamily 846 13 1,047 4 2 1,893 17 Obligations of states and political subdivisions 29,283 135 — — 17 29,283 135 $ 69,005 $ 842 $ 3,238 $ 117 38 $ 72,243 $ 959 Less Than 12 Months 12 Months or Longer Total Unrealized Unrealized Number of Unrealized December 31, 2016 Fair Value Losses Fair Value Losses Securities Fair Value Losses (dollars in thousands) AVAILABLE FOR SALE U.S. Treasury and U.S. government agencies $ 94,153 $ 1,280 $ — $ — 18 $ 94,153 $ 1,280 Mortgage-backed securities, residential 292,873 4,078 15,453 409 91 308,326 4,487 Mortgage-backed securities, multifamily 5,178 35 — — 1 5,178 35 Obligations of states and political subdivisions 29,904 933 — — 54 29,904 933 Other debt securities 350 1 — — 1 350 1 Equity securities 6,030 94 4,720 338 2 10,750 432 $ 428,488 $ 6,421 $ 20,173 $ 747 167 $ 448,661 $ 7,168 HELD TO MATURITY U.S. government agencies $ 17,147 $ 430 $ — $ — 3 $ 17,147 $ 430 Mortgage-backed securities, residential 27,909 535 1,061 63 15 28,970 598 Mortgage-backed securities, multifamily 2,015 44 — — 2 2,015 44 Obligations of states and political subdivisions 50,302 384 401 1 43 50,703 385 $ 97,373 $ 1,393 $ 1,462 $ 64 63 $ 98,835 $ 1,457

Loans, Leases and Other Real 24

Loans, Leases and Other Real Estate (Tables)	6 Months Ended
	Jun. 30, 2017
Debt Disclosure [Abstract]
Composition of Company`s Loan and Lease Portfolio	The following sets forth the composition of the Company’s loan and lease portfolio: June 30, 2017 December 31, 2016 (in thousands) Commercial, secured by real estate $ 2,725,418 $ 2,556,601 Commercial, industrial and other 352,977 350,228 Leases 70,295 67,016 Real estate - residential mortgage 337,765 349,581 Real estate - construction 230,178 211,109 Home equity and consumer 337,643 339,360 Total loans and leases 4,054,276 3,873,895 Less: deferred fees (3,545 ) (3,297 ) Loans and leases, net of deferred fees $ 4,050,731 $ 3,870,598
Schedule of Changes in Accretable Yield	The following table presents changes in the accretable yield for PCI loans: For the Three Months Ended For the Six Months Ended June 30, 2017 June 30, 2016 June 30, 2017 June 30, 2016 (in thousands) (in thousands) Balance, beginning of period $ 180 $ 69 $ 145 $ — Acquisitions — — — 85 Accretion (47 ) (15 ) (98 ) (31 ) Net reclassification non-accretable — 11 86 11 Balance, end of period $ 133 $ 65 $ 133 $ 65
Company's Non-Performing Assets and its Accruing Troubled Debt Restructurings, Excluding PCI Loans	The following schedule sets forth certain information regarding the Company’s non-performing June 30, December 31, (in thousands) Commercial, secured by real estate $ 8,768 $ 10,413 Commercial, industrial and other 378 167 Leases, including leases held for sale 81 153 Real estate - residential mortgage 3,857 6,048 Real estate - construction 1,472 1,472 Home equity and consumer 1,689 2,151 Total non-accrual $ 16,245 $ 20,404 Other real estate and other repossessed assets 1,415 1,072 TOTAL NON-PERFORMING $ 17,660 $ 21,476 Troubled debt restructurings, still accruing $ 11,697 $ 8,802
Age Analysis of Past Due Loans, Segregated by Class of Loans	An age analysis of past due loans, segregated by class of loans as of June 30, 2017 and December 31, 2016, is as follows: Greater Recorded Than Total Investment Greater 30-59 Days 60-89 Days 89 Days Total Loans than 89 Days and Past Due Past Due Past Due Past Due Current and Leases Still Accruing (in thousands) June 30, 2017 Commercial, secured by real estate $ 3,258 $ 600 $ 8,388 $ 12,246 $ 2,713,172 $ 2,725,418 $ — Commercial, industrial and other 491 — 301 792 352,185 352,977 — Leases 303 113 81 497 69,798 70,295 — Real estate - residential mortgage 985 636 3,295 4,916 332,849 337,765 — Real estate - construction — — 1,472 1,472 228,706 230,178 — Home equity and consumer 1,148 148 1,292 2,588 335,055 337,643 20 $ 6,185 $ 1,497 $ 14,829 $ 22,511 $ 4,031,765 $ 4,054,276 $ 20 December 31, 2016 Commercial, secured by real estate $ 6,082 $ 1,234 $ 9,313 $ 16,629 $ 2,539,972 $ 2,556,601 $ — Commercial, industrial and other 1,193 213 42 1,448 348,780 350,228 — Leases 132 78 153 363 66,653 67,016 — Real estate - residential mortgage 2,990 1,057 5,330 9,377 340,204 349,581 — Real estate - construction 3,409 — 1,472 4,881 206,228 211,109 — Home equity and consumer 1,260 129 2,049 3,438 335,922 339,360 10 $ 15,066 $ 2,711 $ 18,359 $ 36,136 $ 3,837,759 $ 3,873,895 $ 10
Impaired Loans with and without Specific Allowances	Impaired loans as of June 30, 2017 and December 31, 2016 are as follows: Contractual Recorded Unpaid Average Interest Investment in Principal Specific Investment in Income June 30, 2017 Impaired Loans Balance Allowance Impaired Loans Recognized (in thousands) Loans without specific allowance: Commercial, secured by real estate $ 14,806 $ 15,180 $ — $ 13,909 $ 148 Commercial, industrial and other 568 568 — 568 11 Real estate - residential mortgage 970 987 — 903 8 Real estate - construction 1,472 1,472 — 1,472 — Home equity and consumer — — — — — Loans with specific allowance: Commercial, secured by real estate 5,022 5,342 276 4,913 117 Commercial, industrial and other 431 431 14 402 9 Real estate - residential mortgage 1,005 1,134 34 1,015 15 Real estate - construction — — — — — Home equity and consumer 1,148 1,175 99 1,150 28 Total: Commercial, secured by real estate $ 19,828 $ 20,522 $ 276 $ 18,822 $ 265 Commercial, industrial and other 999 999 14 970 20 Real estate - residential mortgage 1,975 2,121 34 1,918 23 Real estate - construction 1,472 1,472 — 1,472 — Home equity and consumer 1,148 1,175 99 1,150 28 $ 25,422 $ 26,289 $ 423 $ 24,332 $ 336 Contractual Recorded Unpaid Average Interest Investment in Principal Specific Investment in Income December 31, 2016 Impaired Loans Balance Allowance Impaired Loans Recognized (in thousands) Loans without specific allowance: Commercial, secured by real estate $ 12,764 $ 13,195 $ — $ 13,631 $ 229 Commercial, industrial and other 603 603 — 1,109 24 Leases — — — — — Real estate - residential mortgage 1,880 3,146 — 2,430 16 Real estate - construction 1,471 1,471 — 12 — Home equity and consumer 139 139 — 388 — Loans with specific allowance: Commercial, secured by real estate 5,860 6,142 392 6,549 273 Commercial, industrial and other 349 349 12 360 17 Leases — — — 1 — Real estate - residential mortgage 1,031 1,100 31 1,011 30 Real estate - construction — — — — — Home equity and consumer 1,188 1,211 94 1,184 59 Total: Commercial, secured by real estate $ 18,624 $ 19,337 $ 392 $ 20,180 $ 502 Commercial, industrial and other 952 952 12 1,469 41 Leases — — — 1 — Real estate - residential mortgage 2,911 4,246 31 3,441 46 Real estate - construction 1,471 1,471 — 12 — Home equity and consumer 1,327 1,350 94 1,572 59 $ 25,285 $ 27,356 $ 529 $ 26,675 $ 648
Company's Commercial Loan Portfolio	The following table shows the Company’s commercial loan portfolio as of June 30, 2017 and December 31, 2016, by the risk ratings discussed above (in thousands): June 30, 2017 Commercial, Commercial, Real Estate - RISK RATING 1 $ — $ 448 $ — 2 — 29,901 — 3 84,407 35,124 — 4 821,819 129,845 8,800 5 1,700,154 131,751 218,054 5W - Watch 58,427 11,047 698 6 - Other assets especially mentioned 31,163 9,474 — 7 - Substandard 29,448 5,387 2,626 8 - Doubtful — — — 9 - Loss — — — Total $ 2,725,418 $ 352,977 $ 230,178 December 31, 2016 Commercial, Commercial, Real Estate - RISK RATING 1 $ — $ 1,449 $ — 2 — 26,743 — 3 82,102 36,644 — 4 729,281 135,702 28,177 5 1,615,331 129,366 175,595 5W - Watch 68,372 6,395 1,223 6 - Other assets especially mentioned 33,015 5,242 — 7 - Substandard 28,500 8,687 6,114 8 - Doubtful — — — 9 - Loss — — — Total $ 2,556,601 $ 350,228 $ 211,109
Allowance for Loan and Lease Losses by Portfolio Segment	The following table details activity in the allowance for loan and lease losses by portfolio segment for the three and six months ended June 30, 2017 and 2016: Three Months Ended June 30, 2017 Commercial, Commercial, Leases Real Estate- Real Estate- Home Total (in thousands) Beginning Balance $ 22,083 $ 1,792 $ 502 $ 1,825 $ 2,378 $ 3,010 $ 31,590 Charge-offs (83 ) (71 ) (120 ) (169 ) — (427 ) (870 ) Recoveries 145 27 28 — 5 71 276 Provision 1,199 (60 ) 119 98 213 258 1,827 Ending Balance $ 23,344 $ 1,688 $ 529 $ 1,754 $ 2,596 $ 2,912 $ 32,823 Three Months Ended June 30, 2016 Commercial, Commercial, Leases Real Estate- Real Estate- Home Total (in thousands) Beginning Balance $ 20,077 $ 2,597 $ 588 $ 2,266 $ 1,504 $ 3,521 $ 30,553 Charge-offs (139 ) (171 ) (205 ) (213 ) — (317 ) (1,045 ) Recoveries 26 34 21 1 — 67 149 Provision 395 (248 ) 220 110 284 249 1,010 Ending Balance $ 20,359 $ 2,212 $ 624 $ 2,164 $ 1,788 $ 3,520 $ 30,667 Six Months Ended June 30, 2017 Commercial, Commercial, Leases Real Estate- Real Estate- Home Total (in thousands) Beginning Balance $ 21,223 $ 1,723 $ 548 $ 1,964 $ 2,352 $ 3,435 $ 31,245 Charge-offs (303 ) (234 ) (163 ) (310 ) (609 ) (611 ) (2,230 ) Recoveries 364 122 32 — 20 225 763 Provision 2,060 77 112 100 833 (137 ) 3,045 Ending Balance $ 23,344 $ 1,688 $ 529 $ 1,754 $ 2,596 $ 2,912 $ 32,823 Six Months Ended June 30, 2016 Commercial, Commercial, Leases Real Estate- Real Estate- Home Total (in thousands) Beginning Balance $ 20,223 $ 2,637 $ 460 $ 2,588 $ 1,591 $ 3,375 $ 30,874 Charge-offs (274 ) (796 ) (275 ) (306 ) — (937 ) (2,588 ) Recoveries 81 76 22 4 — 113 296 Provision 329 295 417 (122 ) 197 969 2,085 Ending Balance $ 20,359 $ 2,212 $ 624 $ 2,164 $ 1,788 $ 3,520 $ 30,667
Loans Receivable Summarized by Portfolio Segment and Impairment Method	Loans receivable summarized by portfolio segment and impairment method are as follows: Commercial, Commercial, Real Estate- Home Secured by Industrial Residential Real Estate- Equity and June 30, 2017 Real Estate and Other Leases Mortgage Construction Consumer Total (in thousands) Ending Balance: Individually evaluated for impairment $ 19,828 $ 999 $ — $ 1,975 $ 1,472 $ 1,148 $ 25,422 Ending Balance: Collectively evaluated for impairment 2,704,863 351,971 70,295 335,790 228,706 336,487 4,028,112 Ending Balance: Loans acquired with deteriorated credit quality 727 7 — — — 8 742 Ending Balance (1) $ 2,725,418 $ 352,977 $ 70,295 $ 337,765 $ 230,178 $ 337,643 $ 4,054,276 Commercial, Commercial, Real Estate- Home Secured by Industrial Residential Real Estate- Equity and December 31, 2016 Real Estate and Other Leases Mortgage Construction Consumer Total (in thousands) Ending Balance: Individually evaluated for impairment $ 18,624 $ 952 $ — $ 2,911 $ 1,471 $ 1,327 $ 25,285 Ending Balance: Collectively evaluated for impairment 2,536,858 349,001 67,016 346,670 209,638 338,019 3,847,202 Ending balance: Loans acquired with deteriorated credit quality 1,119 275 — — — 14 1,408 Ending Balance (1) $ 2,556,601 $ 350,228 $ 67,016 $ 349,581 $ 211,109 $ 339,360 $ 3,873,895 (1) Excludes deferred fees
Allowance for Loan Losses Summarized by Portfolio Segment and Impairment Classification	The allowance for loan and lease losses is summarized by portfolio segment and impairment classification as follows: Commercial, Commercial, Real Estate- Home Secured by Industrial Residential Real Estate- Equity and June 30, 2017 Real Estate and Other Leases Mortgage Construction Consumer Total (in thousands) Ending Balance: Individually evaluated for impairment $ 276 $ 14 $ — $ 34 $ — $ 99 $ 423 Ending Balance: Collectively evaluated for impairment 23,068 1,674 529 1,720 2,596 2,813 32,400 Ending Balance $ 23,344 $ 1,688 $ 529 $ 1,754 $ 2,596 $ 2,912 $ 32,823 Commercial, Commercial, Real Estate- Home Secured by Industrial Residential Real Estate- Equity and December 31, 2016 Real Estate and Other Leases Mortgage Construction Consumer Total (in thousands) Ending Balance: Individually evaluated for impairment $ 392 $ 12 $ — $ 31 $ — $ 94 $ 529 Ending Balance: Collectively evaluated for impairment 20,831 1,711 548 1,933 2,352 3,341 30,716 Ending Balance $ 21,223 $ 1,723 $ 548 $ 1,964 $ 2,352 $ 3,435 $ 31,245
Summary of Restructured Loans	The following table summarizes loans that have been restructured during the three and six months ended June 30, 2017 and 2016: For the Three Months Ended For the Three Months Ended June 30, 2017 June 30, 2016 Pre- Post- Pre- Post- Modification Modification Modification Modification Outstanding Outstanding Outstanding Outstanding Number of Recorded Recorded Number of Recorded Recorded Contracts Investment Investment Contracts Investment Investment (dollars in thousands) Commercial, secured by real estate 2 $ 159 $ 159 — $ — $ — Commercial, industrial and other 2 124 124 — — — 4 $ 283 $ 283 — $ — $ — For the Six Months Ended For the Six Months Ended June 30, 2017 June 30, 2016 Pre- Post- Pre- Post- Modification Modification Modification Modification Outstanding Outstanding Outstanding Outstanding Number of Recorded Recorded Number of Recorded Recorded Contracts Investment Investment Contracts Investment Investment (dollars in thousands) Commercial, secured by real estate 4 $ 3,038 $ 3,038 $ — $ — $ — Commercial, industrial and other 2 124 124 — — — Home equity and consumer — — — 3 285 285 6 $ 3,162 $ 3,162 $ 3 $ 285 $ 285
Summary of Restructured Loans within Previous Twelve Months that have Subsequently Defaulted	The following table summarizes as of June 30, 2017 and 2016, loans that were restructured within the previous twelve months that have subsequently defaulted: June 30, 2017 June 30, 2016 Number of Recorded Number of Recorded Contracts Investment Contracts Investment (dollars in thousands) Real estate - residential mortgage 1 $ 254 — $ — Home equity and consumer — — 1 162 1 $ 254 1 $ 162

Derivatives (Tables)

Derivatives (Tables)	6 Months Ended
	Jun. 30, 2017
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Summary Information Regarding Derivatives	The following table presents summary information regarding these derivatives for the periods presented (dollars in thousands): June 30, 2017 Notional Amount Average Weighted Average Weighted Average Fair Value Classified in Other Assets: 3rd Party interest rate swaps $ 87,852 9.4 3.78 % 1 Mo. LIBOR + 2.12 $ 2,989 Customer interest rate swaps 98,651 11.3 4.64 % 1 Mo. LIBOR + 2.19 2,522 Interest rate swap (cash flow hedge) 30,000 4.0 1.10 % 3 Mo. LIBOR 868 Classified in Other Liabilities: Customer interest rate swaps $ 87,852 9.4 3.78 % 1 Mo. LIBOR + 2.12 $ (2,989 ) 3rd Party interest rate swaps 98,651 11.3 4.64 % 1 Mo. LIBOR + 2.19 (2,522 ) December 31, 2016 Notional Amount Average Weighted Average Weighted Average Fair Value Customer interest rate swaps $ 129,252 10.9 4.03 % 1 Mo. LIBOR + 2.10 $ (2,345 ) 3rd party interest rate swaps (129,252 ) 10.9 4.03 % 1 Mo. LIBOR + 2.10 2,345 Interest rate swap (cash flow hedge) 30,000 4.5 1.10 % 3 Mo. LIBOR 1,033

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	6 Months Ended
	Jun. 30, 2017
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Estimated Future Amortization Expense	The estimated future amortization expense for the remainder of 2017 and for each of the succeeding five years ended December 31 is as follows (dollars in thousands): For the Year Ended 2017 $ 268 2018 594 2019 504 2020 415 2021 326 2022 236

Share-Based Compensation (Table

Share-Based Compensation (Tables)	6 Months Ended
	Jun. 30, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Summary of Company's Restricted Stock Activity	The following is a summary of the Company’s restricted stock activity during the six months ended June 30, 2017: Weighted Number of Average Shares Price Outstanding, January 1, 2017 42,875 $ 9.72 Granted 13,176 18.20 Vested (32,901 ) 9.79 Forfeited (48 ) 9.39 Outstanding, June 30, 2017 23,102 $ 14.46 The following is a summary of the Company’s RSU activity during the six months ended June 30, 2017: Weighted Number of Average Shares Price Outstanding, January 1, 2017 302,344 $ 10.76 Granted 117,673 19.96 Vested (148,584 ) 13.01 Forfeited (8,995 ) 12.58 Outstanding, June 30, 2017 262,438 $ 13.55
Option Activity under the Company's Stock Option Plans	Option activity under the Company’s stock option plans is as follows: Weighted Average Weighted Remaining Average Contractual Aggregate Number of Exercise Term Intrinsic Shares Price (in years) Value Outstanding, January 1, 2017 135,250 $ 8.79 4.18 $ 1,450,533 Granted — — Exercised (31,769 ) 9.84 Forfeited — — Expired — — Outstanding, June 30, 2017 103,481 $ 8.47 4.78 $ 1,076,479 Options exercisable at June 30, 2017 103,481 $ 8.47 4.78 $ 1,076,479

Comprehensive Income (Tables)

Comprehensive Income (Tables)	6 Months Ended
	Jun. 30, 2017
Equity [Abstract]
Components of Other Comprehensive Income (Loss)	The components of other comprehensive income (loss) are as follows: June 30, 2017 June 30, 2016 Before Tax Benefit Net of Before Tax Benefit Net of For the quarter ended: Tax Amount (Expense) Tax Amount Tax Amount (Expense) Tax Amount (in thousands) (in thousands) Net unrealized gains (losses) on available for sale securities Net unrealized holding gains arising during period $ 1,661 $ (632 ) $ 1,029 $ 2,684 $ (987 ) $ 1,697 Reclassification adjustment for net losses arising during the period 15 (6 ) 9 — — — Net unrealized gains 1,676 (638 ) 1,038 2,684 (987 ) 1,697 Unrealized losses on derivatives (186 ) 65 (121 ) (193 ) 67 (126 ) Change in minimum pension liability — — — 8 (2 ) 6 Other comprehensive income, net $ 1,490 $ (573 ) $ 917 $ 2,499 $ (922 ) $ 1,577 For the six months ended: Before Tax Benefit Net of Before Tax Benefit Net of (in thousands) (in thousands) Net unrealized gains on available for sale securities Net unrealized holding gains arising during period $ 2,845 $ (1,082 ) $ 1,763 $ 9,247 $ (3,393 ) $ 5,854 Reclassification adjustment for net gains arising during the period (2,524 ) 884 (1,640 ) (370 ) 137 (233 ) Net unrealized gains 321 (198 ) 123 8,877 (3,256 ) 5,621 Unrealized losses on derivatives (165 ) 58 (107 ) (193 ) 67 (126 ) Change in minimum pension liability — — — 72 (28 ) 44 Other comprehensive income, net $ 156 $ (140 ) $ 16 $ 8,756 $ (3,217 ) $ 5,539
Summary of Changes in Components of Other Comprehensive Income, Net of Tax	The following table shows the changes in the balances of each of the components of other comprehensive income for the periods presented, net of tax (in thousands): For the Three Months Ended June 30, 2017 For the Three Months Ended June 30, 2016 Unrealized Unrealized Gains Gains (Losses) on Unrealized on Unrealized Available for Sale Losses Available for Sale Losses Securities on Derivatives Pension Items Total Securities on Derivatives Pension Items Total Beginning balance $ (1,032 ) $ 686 $ 38 $ (308 ) $ 5,078 $ — $ 34 $ 5,112 Other comprehensive income before classifications 1,029 (121 ) — 908 1,697 (126 ) 6 1,577 Amounts reclassified from accumulated other comprehensive income 9 — — 9 — — — — Net current period other comprehensive income (loss) 1,038 (121 ) — 917 1,697 (126 ) 6 1,577 Ending balance $ 6 $ 565 $ 38 $ 609 $ 6,775 (126 ) $ 40 $ 6,689 For the Six Months Ended June 30, 2017 For the Six Months Ended June 30, 2016 Unrealized Unrealized Gains (Losses) on Unrealized Gains on Unrealized Available for Sale Losses Available for Sale Losses Securities on Derivatives Pension Items Total Securities on Derivatives Pension Items Total Beginning balance $ (117 ) $ 672 $ 38 $ 593 $ 1,154 $ — $ (4 ) $ 1,150 Other comprehensive income before classifications 1,763 (107 ) — 1,656 5,854 (126 ) 44 5,772 Amounts reclassified from accumulated other comprehensive income (1,640 ) — — (1,640 ) (233 ) — — (233 ) Net current period other comprehensive income 123 (107 ) — 16 5,621 (126 ) 44 5,539 Ending balance $ 6 $ 565 $ 38 $ 609 $ 6,775 (126 ) $ 40 $ 6,689

Estimated Fair Value of Finan29

Estimated Fair Value of Financial Instruments and Fair Value Measurement (Tables)	6 Months Ended
	Jun. 30, 2017
Fair Value Disclosures [Abstract]
Fair Value of Financial Assets and Liabilities Measured on Recurring Basis	Financial assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement: Quoted Prices in Significant Active Markets Other Significant for Identical Observable Unobservable Assets Inputs Inputs Total (Level 1) (Level 2) (Level 3) Fair Value (in thousands) June 30, 2017 Assets: Investment securities, available for sale U.S. Treasury and government agencies $ 5,696 $ 136,748 $ — $ 142,444 Mortgage-backed securities — 453,742 — 453,742 Obligations of states and political subdivisions — 54,274 — 54,274 Other debt securities — 5,095 — 5,095 Equity securities 4,722 12,887 — 17,609 Total securities available for sale 10,418 662,746 — 673,164 Derivative assets — 6,379 — 6,379 Total Assets $ 10,418 $ 669,125 $ — $ 679,543 Liabilities: Derivative liabilities $ — $ 5,511 $ — $ 5,511 Total Liabilities $ — $ 5,511 $ — $ 5,511 December 31, 2016 Assets: Investment securities, available for sale U.S. Treasury and government agencies $ 5,931 $ 111,428 $ — $ 117,359 Mortgage-backed securities — 413,725 — 413,725 Obligations of states and political subdivisions — 48,326 — 48,326 Other debt securities — 5,412 — 5,412 Equity securities 7,748 14,134 — 21,882 Total securities available for sale 13,679 593,025 — 606,704 Derivative assets — 3,378 — 3,378 Total Assets $ 13,679 $ 596,403 $ — $ 610,082 Liabilities: Derivative liabilities $ — $ 2,345 $ — $ 2,345 Total Liabilities $ — $ 2,345 $ — $ 2,345
Fair Value of Assets Measured on Non-recurring Basis	The following table sets forth the Company’s assets subject to fair value adjustments (impairment) on a non-recurring (Level 1) (Level 2) (Level 3) Total (in thousands) June 30, 2017 Assets: Impaired loans and leases $ — $ — $ 25,422 $ 25,422 Loans held for sale — 877 — 877 Other real estate owned and other repossessed assets — — 1,415 1,415 December 31, 2016 Assets: Impaired loans and leases $ — $ — $ 25,285 $ 25,285 Loans held for sale — 1,742 — 1,742 Other real estate owned and other repossessed assets — — 1,072 1,072
Carrying Values and Fair Values of Company's Financial Instruments	The following table presents the carrying values, fair values and placement in the fair value hierarchy of the Company’s financial instruments as of June 30, 2017 and December 31, 2016: Carrying Fair Quoted Prices in Significant Significant (in thousands) June 30, 2017 Financial Assets: Investment securities held to maturity $ 138,468 $ 138,619 $ — $ 110,139 $ 28,480 Federal Home Loan Bank and other membership bank stocks 18,899 18,899 — 18,899 — Loans and leases, net 4,017,908 4,019,534 — — 4,019,534 Financial Liabilities: Certificates of deposit 566,245 564,084 — 564,084 — Other borrowings 312,251 312,136 — 312,136 — Subordinated debentures 104,842 95,588 — — 95,588 December 31, 2016 Financial Assets: Investment securities held to maturity $ 147,614 $ 146,990 $ — $ 111,403 $ 35,587 Federal Home Loan Bank and other membership bank stocks 15,099 15,099 — 15,099 — Loans and leases, net 3,839,353 3,832,465 — — 3,832,465 Financial Liabilities: Certificates of deposit 544,908 543,399 — 543,399 — Other borrowings 260,866 264,586 — 264,586 — Subordinated debentures 104,784 94,476 — — 94,476

Acquisitions - Additional Infor

Acquisitions - Additional Information (Detail)	Jul. 01, 2016USD ($)Branch$ / sharesshares	Jan. 07, 2016USD ($)Branch$ / sharesshares	Jun. 30, 2017USD ($)	Jun. 30, 2016USD ($)	Jun. 30, 2017USD ($)	Jun. 30, 2016USD ($)	Dec. 31, 2016USD ($)
Business Acquisition, Contingent Consideration [Line Items]
Merger and acquisition integration-related expenses				$ 685,000		$ 2,406,000
Acquisition Related Costs [Member]
Business Acquisition, Contingent Consideration [Line Items]
Increase in goodwill			$ 685,000
Core Deposits [Member]
Business Acquisition, Contingent Consideration [Line Items]
Core deposit intangible			2,600,000		$ 2,600,000		$ 3,300,000
Harmony Bank [Member]
Business Acquisition, Contingent Consideration [Line Items]
Shares to receive by the acquiree at the time of merger | shares	1.25
Consideration paid through common stock | shares	3,201,109
Date of Agreement					Jul. 1, 2016
Consideration price per share | $ / shares	$ 14.31
Closing stock price per share | $ / shares	11.45
Average strike price | $ / shares	$ 9.07
Cash paid in connection with cancellation of the old stock options	$ 869,000
Allowance for loan and lease losses					$ 0
Estimated useful life of core deposit intangible					10 years
Harmony Bank [Member] | Core Deposits [Member]
Business Acquisition, Contingent Consideration [Line Items]
Core deposit intangible			691,000		$ 691,000
Harmony Bank [Member] | New Jersey [Member]
Business Acquisition, Contingent Consideration [Line Items]
Number of bank branches operated | Branch	3
Pascack Bancorp, Inc. [Member]
Business Acquisition, Contingent Consideration [Line Items]
Shares to receive by the acquiree at the time of merger | shares		0.9576
Consideration paid through common stock | shares		3,314,284
Date of Agreement					Jan. 7, 2016
Consideration price per share | $ / shares		$ 11.35
Average strike price | $ / shares		$ 7.37
Cash paid in connection with cancellation of the old stock options		$ 122,000
Allowance for loan and lease losses					$ 0
Estimated useful life of core deposit intangible					10 years
Percentage of aggregate merger consideration in shares		90.00%
Percentage of aggregate merger consideration in cash		10.00%
Cash paid for acquisition		$ 4,500,000
Pascack Bancorp, Inc. [Member] | Core Deposits [Member]
Business Acquisition, Contingent Consideration [Line Items]
Core deposit intangible			$ 1,500,000		$ 1,500,000
Pascack Bancorp, Inc. [Member] | New Jersey [Member]
Business Acquisition, Contingent Consideration [Line Items]
Number of bank branches operated | Branch		8

Acquisitions - Summary of Estim

Acquisitions - Summary of Estimated Fair Value of Acquired Assets and Liabilities Assumed at Date of Acquisition, Net of Cash Consideration Paid (Detail) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016	Jul. 01, 2016	Jan. 07, 2016
Business Acquisition [Line Items]
Goodwill	$ 136,433	$ 135,747
Pascack Bancorp, Inc. [Member]
Business Acquisition [Line Items]
Cash and cash equivalents				$ 40,942
Securities held to maturity				3,925
Federal Home Loan Bank stock				2,962
Loans				319,575
Premises and equipment				14,438
Goodwill				15,311
Identifiable intangible assets				1,514
Accrued interest receivable and other assets				6,672
Total assets acquired				405,339
Deposits				(304,466)
Other borrowings				(57,308)
Other liabilities				(6,344)
Total liabilities assumed				(368,118)
Net assets acquired				$ 37,221
Harmony Bank [Member]
Business Acquisition [Line Items]
Cash and cash equivalents			$ 27,809
Securities available for sale			7,474
Securities held to maturity			6,885
Federal Home Loan Bank stock			780
Loans			259,985
Premises and equipment			3,125
Goodwill			11,147
Identifiable intangible assets			1,088
Accrued interest receivable and other assets			8,146
Total assets acquired			326,439
Deposits			(278,060)
Other borrowings			(9,314)
Other liabilities			(2,411)
Total liabilities assumed			(289,785)
Net assets acquired			$ 36,654

Acquisitions - Summary of Loans

Acquisitions - Summary of Loans Acquired (Detail) - Acquired Credit Impaired Loans [Member] $ in Thousands	Jun. 30, 2017USD ($)
Harmony Bank [Member]
Business Acquisition [Line Items]
Contractually required principal and interest at acquisition	$ 1,264
Contractual cash flows not expected to be collected (non-accretable difference)	398
Expected cash flows at acquisition	866
Interest component of expected cash flows (accretable difference)	97
Fair value of acquired loans	769
Pascack Bancorp, Inc. [Member]
Business Acquisition [Line Items]
Contractually required principal and interest at acquisition	4,932
Contractual cash flows not expected to be collected (non-accretable difference)	4,030
Expected cash flows at acquisition	902
Interest component of expected cash flows (accretable difference)	85
Fair value of acquired loans	$ 817

Earnings Per Share - Computatio

Earnings Per Share - Computation of Basic and Diluted Earnings Per Share (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Earnings Per Share [Abstract]
Net income available to common shareholders, Income	$ 13,370	$ 10,130	$ 25,682	$ 18,238
Less: earnings allocated to participating securities, Income	119	106	239	162
Net income allocated to common shareholders	$ 13,251	$ 10,024	$ 25,443	$ 18,076
Weighted average number of common shares outstanding - basic	47,465	41,238	47,410	41,084
Share-based plans	209	168	236	161
Weighted average number of common shares outstanding - diluted	47,674	41,406	47,646	41,245
Basic earnings per share	$ 0.28	$ 0.24	$ 0.54	$ 0.44
Diluted earnings per share	$ 0.28	$ 0.24	$ 0.53	$ 0.44

Earnings Per Share - Additional

Earnings Per Share - Additional Information (Detail) - shares	3 Months Ended	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Common Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options to purchase	0	0

Investment Securities - Reconci

Investment Securities - Reconciliation of Available-for-Sale Securities (Detail) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Schedule of Available-for-sale Securities [Line Items]
Total securities, Available for Sale, Amortized Cost	$ 673,251	$ 607,112
Gross Unrealized Gains	5,042	6,760
Gross Unrealized Losses	(5,129)	(7,168)
Total securities, Available for Sale, Fair Value	673,164	606,704
US Treasury and Government Agencies [Member]
Schedule of Available-for-sale Securities [Line Items]
Total securities, Available for Sale, Amortized Cost	143,077	118,537
Gross Unrealized Gains	244	102
Gross Unrealized Losses	(877)	(1,280)
Total securities, Available for Sale, Fair Value	142,444	117,359
Mortgage-Backed Securities, Residential [Member]
Schedule of Available-for-sale Securities [Line Items]
Total securities, Available for Sale, Amortized Cost	445,829	406,851
Gross Unrealized Gains	1,255	1,174
Gross Unrealized Losses	(3,541)	(4,487)
Total securities, Available for Sale, Fair Value	443,543	403,538
Mortgage-Backed Securities, Multifamily [Member]
Schedule of Available-for-sale Securities [Line Items]
Total securities, Available for Sale, Amortized Cost	10,162	10,192
Gross Unrealized Gains	60	30
Gross Unrealized Losses	(23)	(35)
Total securities, Available for Sale, Fair Value	10,199	10,187
Obligations of States and Political Subdivisions [Member]
Schedule of Available-for-sale Securities [Line Items]
Total securities, Available for Sale, Amortized Cost	53,798	48,868
Gross Unrealized Gains	768	391
Gross Unrealized Losses	(292)	(933)
Total securities, Available for Sale, Fair Value	54,274	48,326
Debt Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Total securities, Available for Sale, Amortized Cost	5,000	5,350
Gross Unrealized Gains	95	63
Gross Unrealized Losses		(1)
Total securities, Available for Sale, Fair Value	5,095	5,412
Equity Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Total securities, Available for Sale, Amortized Cost	15,385	17,314
Gross Unrealized Gains	2,620	5,000
Gross Unrealized Losses	(396)	(432)
Total securities, Available for Sale, Fair Value	$ 17,609	$ 21,882

Investment Securities - Recon36

Investment Securities - Reconciliation of Held-to-Maturity Securities (Detail) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Schedule of Held-to-maturity Securities [Line Items]
Amortized Cost	$ 138,468	$ 147,614
Gross Unrealized Gains	1,110	833
Gross Unrealized Losses	(959)	(1,457)
Fair Value	138,619	146,990
U.S. Government Agencies Securities [Member]
Schedule of Held-to-maturity Securities [Line Items]
Amortized Cost	33,484	33,553
Gross Unrealized Gains	193	144
Gross Unrealized Losses	(283)	(430)
Fair Value	33,394	33,267
Mortgage-Backed Securities, Residential [Member]
Schedule of Held-to-maturity Securities [Line Items]
Amortized Cost	38,262	38,706
Gross Unrealized Gains	298	369
Gross Unrealized Losses	(524)	(598)
Fair Value	38,036	38,477
Mortgage-Backed Securities, Multifamily [Member]
Schedule of Held-to-maturity Securities [Line Items]
Amortized Cost	2,008	2,059
Gross Unrealized Losses	(17)	(44)
Fair Value	1,991	2,015
Obligations of States and Political Subdivisions [Member]
Schedule of Held-to-maturity Securities [Line Items]
Amortized Cost	62,706	71,284
Gross Unrealized Gains	585	269
Gross Unrealized Losses	(135)	(385)
Fair Value	63,156	71,168
Debt Securities [Member]
Schedule of Held-to-maturity Securities [Line Items]
Amortized Cost	2,008	2,012
Gross Unrealized Gains	34	51
Fair Value	$ 2,042	$ 2,063

Investment Securities - Summary

Investment Securities - Summary of Contractual Maturities of Investment Securities Classified as Available for Sale and Held to Maturity (Detail) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Available for Sale, Amortized Cost
Due in one year or less	$ 2,605
Due after one year through five years	107,942
Due after five years through ten years	66,678
Due after ten years	24,650
Total	201,875
Total securities, Available for Sale, Amortized Cost	673,251	$ 607,112
Available for Sale, Fair Value
Due in one year or less	2,623
Due after one year through five years	108,341
Due after five years through ten years	66,174
Due after ten years	24,675
Total	201,813
Total securities, Available for Sale, Fair Value	673,164	606,704
Held to Maturity, Amortized Cost
Due in one year or less	29,499
Due after one year through five years	35,641
Due after five years through ten years	28,621
Due after ten years	4,437
Total	98,198
Amortized Cost	138,468	147,614
Held to Maturity, Fair Value
Due in one year or less	29,503
Due after one year through five years	35,904
Due after five years through ten years	28,721
Due after ten years	4,464
Total	98,592
Total securities, Held to Maturity, Fair Value	138,619	146,990
Mortgage Backed Securities [Member]
Available for Sale, Amortized Cost
Available for Sale, Amortized Cost	455,991
Available for Sale, Fair Value
Available for Sale, Fair Value	453,742
Held to Maturity, Amortized Cost
Held to Maturity, Amortized Cost	40,270
Held to Maturity, Fair Value
Held to Maturity, Fair Value	40,027
Equity Securities [Member]
Available for Sale, Amortized Cost
Available for Sale, Amortized Cost	15,385
Total securities, Available for Sale, Amortized Cost	15,385	17,314
Available for Sale, Fair Value
Available for Sale, Fair Value	17,609
Total securities, Available for Sale, Fair Value	$ 17,609	$ 21,882

Investment Securities - Sales o

Investment Securities - Sales of Securities and Gross Gains on Sales of Securities (Detail) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2017	Jun. 30, 2016
Investments, Debt and Equity Securities [Abstract]
Sale proceeds		$ 4,499	$ 15,654
Gross gains (losses)	$ (15)	$ 2,524	$ 370

Investment Securities - Additio

Investment Securities - Additional Information (Detail) - USD ($)	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
Investments, Debt and Equity Securities [Abstract]
Other than temporary impairments	$ 0	$ 0
Securities, carrying value	502,500,000		$ 443,400,000
Purchase price of equities	2,100,000
Market value of equities	4,700,000
Equity securities included in investment funds	12,900,000
Investment in government guaranteed loans, mortgage-backed securities, small business loans	9,600,000
Amortized cost of securities	10,000,000
Fair value of securities	9,600,000
Unfunded commitments	0
Investment in community development loans	$ 3,300,000
Redemption of funds	60 days

Investment Securities - Recon40

Investment Securities - Reconciliation of Available-for-Sale and Held-to-Maturity Securities in Continuous Unrealized Loss Position (Detail) $ in Thousands	Jun. 30, 2017USD ($)Security	Dec. 31, 2016USD ($)Security
Investment [Line Items]
Available for Sale, Less Than 12 Months, Fair Value	$ 361,300	$ 428,488
Available for Sale, Less Than 12 Months, Unrealized Losses	4,050	6,421
Available for Sale, 12 Months or Longer, Fair Value	33,203	20,173
Available for Sale, 12 Months or Longer, Unrealized Losses	$ 1,079	$ 747
Available for Sale, Number of Securities | Security	135	167
Available for Sale, Total, Fair Value	$ 394,503	$ 448,661
Available for Sale, Total, Unrealized Losses	5,129	7,168
Held to Maturity, Less Than 12 Months, Fair Value	69,005	97,373
Held to Maturity, Less Than 12 Months, Unrealized Losses	842	1,393
Held to Maturity, 12 Months or Longer, Fair Value	3,238	1,462
Held to Maturity, 12 Months or Longer, Unrealized Losses	$ 117	$ 64
Held to Maturity, Number of Securities | Security	38	63
Held to Maturity, Total, Fair Value	$ 72,243	$ 98,835
Held to Maturity, Total, Unrealized Losses	959	1,457
US Treasury and Government Agencies [Member]
Investment [Line Items]
Available for Sale, Less Than 12 Months, Fair Value	67,712	94,153
Available for Sale, Less Than 12 Months, Unrealized Losses	653	$ 1,280
Available for Sale, 12 Months or Longer, Fair Value	4,786
Available for Sale, 12 Months or Longer, Unrealized Losses	$ 224
Available for Sale, Number of Securities | Security	15	18
Available for Sale, Total, Fair Value	$ 72,498	$ 94,153
Available for Sale, Total, Unrealized Losses	877	1,280
Held to Maturity, Less Than 12 Months, Fair Value	12,215	17,147
Held to Maturity, Less Than 12 Months, Unrealized Losses	$ 283	$ 430
Held to Maturity, Number of Securities | Security	2	3
Held to Maturity, Total, Fair Value	$ 12,215	$ 17,147
Held to Maturity, Total, Unrealized Losses	283	430
Mortgage-Backed Securities, Residential [Member]
Investment [Line Items]
Available for Sale, Less Than 12 Months, Fair Value	270,813	292,873
Available for Sale, Less Than 12 Months, Unrealized Losses	3,099	4,078
Available for Sale, 12 Months or Longer, Fair Value	17,938	15,453
Available for Sale, 12 Months or Longer, Unrealized Losses	$ 442	$ 409
Available for Sale, Number of Securities | Security	85	91
Available for Sale, Total, Fair Value	$ 288,751	$ 308,326
Available for Sale, Total, Unrealized Losses	3,541	4,487
Held to Maturity, Less Than 12 Months, Fair Value	26,661	27,909
Held to Maturity, Less Than 12 Months, Unrealized Losses	411	535
Held to Maturity, 12 Months or Longer, Fair Value	2,191	1,061
Held to Maturity, 12 Months or Longer, Unrealized Losses	$ 113	$ 63
Held to Maturity, Number of Securities | Security	17	15
Held to Maturity, Total, Fair Value	$ 28,852	$ 28,970
Held to Maturity, Total, Unrealized Losses	524	598
Mortgage-Backed Securities, Multifamily [Member]
Investment [Line Items]
Available for Sale, Less Than 12 Months, Fair Value	5,159	5,178
Available for Sale, Less Than 12 Months, Unrealized Losses	$ 23	$ 35
Available for Sale, Number of Securities | Security	1	1
Available for Sale, Total, Fair Value	$ 5,159	$ 5,178
Available for Sale, Total, Unrealized Losses	23	35
Held to Maturity, Less Than 12 Months, Fair Value	846	2,015
Held to Maturity, Less Than 12 Months, Unrealized Losses	13	$ 44
Held to Maturity, 12 Months or Longer, Fair Value	1,047
Held to Maturity, 12 Months or Longer, Unrealized Losses	$ 4
Held to Maturity, Number of Securities | Security	2	2
Held to Maturity, Total, Fair Value	$ 1,893	$ 2,015
Held to Maturity, Total, Unrealized Losses	17	44
Obligations of States and Political Subdivisions [Member]
Investment [Line Items]
Available for Sale, Less Than 12 Months, Fair Value	17,616	29,904
Available for Sale, Less Than 12 Months, Unrealized Losses	275	$ 933
Available for Sale, 12 Months or Longer, Fair Value	877
Available for Sale, 12 Months or Longer, Unrealized Losses	$ 17
Available for Sale, Number of Securities | Security	32	54
Available for Sale, Total, Fair Value	$ 18,493	$ 29,904
Available for Sale, Total, Unrealized Losses	292	933
Held to Maturity, Less Than 12 Months, Fair Value	29,283	50,302
Held to Maturity, Less Than 12 Months, Unrealized Losses	$ 135	384
Held to Maturity, 12 Months or Longer, Fair Value		401
Held to Maturity, 12 Months or Longer, Unrealized Losses		$ 1
Held to Maturity, Number of Securities | Security	17	43
Held to Maturity, Total, Fair Value	$ 29,283	$ 50,703
Held to Maturity, Total, Unrealized Losses	135	385
Other Debt Securities [Member]
Investment [Line Items]
Available for Sale, Less Than 12 Months, Fair Value		350
Available for Sale, Less Than 12 Months, Unrealized Losses		$ 1
Available for Sale, Number of Securities | Security		1
Available for Sale, Total, Fair Value		$ 350
Available for Sale, Total, Unrealized Losses		1
Equity Securities [Member]
Investment [Line Items]
Available for Sale, Less Than 12 Months, Fair Value		6,030
Available for Sale, Less Than 12 Months, Unrealized Losses		94
Available for Sale, 12 Months or Longer, Fair Value	9,602	4,720
Available for Sale, 12 Months or Longer, Unrealized Losses	$ 396	$ 338
Available for Sale, Number of Securities | Security	2	2
Available for Sale, Total, Fair Value	$ 9,602	$ 10,750
Available for Sale, Total, Unrealized Losses	$ 396	$ 432

Loans, Leases and Other Real 41

Loans, Leases and Other Real Estate - Composition of Company`s Loan and Lease Portfolio (Detail) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	$ 4,054,276	$ 3,873,895
Less: deferred fees	(3,545)	(3,297)
Loans and leases, net of deferred fees	4,050,731	3,870,598
Commercial, Secured by Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	2,725,418	2,556,601
Commercial, Industrial and Other [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	352,977	350,228
Leases [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	70,295	67,016
Real Estate - Residential Mortgage [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	337,765	349,581
Real Estate-Construction [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	230,178	211,109
Home Equity and Consumer [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans and leases	$ 337,643	$ 339,360

Loans, Leases and Other Real 42

Loans, Leases and Other Real Estate - Additional Information (Detail) - USD ($)	Jul. 01, 2016	Jan. 07, 2016	Jun. 30, 2017	Mar. 31, 2017	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
Accounts, Notes, Loans and Financing Receivable [Line Items]
Troubled debt restructurings included in non accrual loans			$ 2,100,000		$ 2,100,000		$ 2,400,000
Unfunded lending reserve			2,500,000		2,500,000		2,500,000
Other real estate owned			1,400,000		1,400,000		1,100,000
Other repossessed assets owned			28,000		28,000		9,000
Residential Property [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Other real estate owned			1,100,000		1,100,000		1,100,000
Impaired Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Interest income on credit impaired loans					336,000	$ 336,000
Interest accrued on impaired loans					813,000	$ 828,000
Pascack Bancorp, Inc. [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and Debt Securities Acquired with Deteriorated Credit Quality			214,000		214,000
Loans and Debt Securities Acquired with Deteriorated Credit Quality Decrease		$ 603,000
Total purchased credit impaired loans, experienced further credit deterioration and fully charged off				$ 127,000
Remaining loan amount paid			218,000
Harmony Bank [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and Debt Securities Acquired with Deteriorated Credit Quality			528,000		528,000
Loans and Debt Securities Acquired with Deteriorated Credit Quality Decrease	$ 241,000
Remaining loan amount paid			247,000
Federal Home Loan Bank of New York [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Residential loans pledged for potential borrowings at the Federal Home Loan Bank of New York			1,100,000,000		1,100,000,000		942,000,000
Home Equity and Consumer [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Overdraft balances included in home equity and consumer loans			763,000		763,000		364,000
Residential Mortgages And Consumer Home Equity Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Mortgage loans that were in process of foreclosure			3,100,000		3,100,000		$ 3,700,000
Minimum [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Group of impaired loans with recorded investment			$ 500,000		$ 500,000

Loans, Leases and Other Real 43

Loans, Leases and Other Real Estate - Schedule of Changes in Accretable Yield (Detail) - Loans Acquired with Deteriorated Credit Quality [Member] - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Certain Loans Acquired in Transfer Accounted for as Debt Securities Accretable Yield Movement Schedule [Line Items]
Balance, beginning of period	$ 180	$ 69	$ 145
Acquisitions				$ 85
Accretion	(47)	(15)	(98)	(31)
Net reclassification non-accretable difference		11	86	11
Balance, end of period	$ 133	$ 65	$ 133	$ 65

Loans, Leases and Other Real 44

Loans, Leases and Other Real Estate - Company's Non-Performing Assets and Its Accruing Troubled Debt Restructurings (Detail) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total non-accrual loans and leases	$ 16,245	$ 20,404
Other real estate and other repossessed assets	1,415	1,072
TOTAL NON-PERFORMING ASSETS	17,660	21,476
Troubled debt restructurings, still accruing	11,697	8,802
Commercial, Secured by Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total non-accrual loans and leases	8,768	10,413
Commercial, Industrial and Other [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total non-accrual loans and leases	378	167
Leases [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total non-accrual loans and leases	81	153
Real Estate - Residential Mortgage [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total non-accrual loans and leases	3,857	6,048
Real Estate-Construction [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total non-accrual loans and leases	1,472	1,472
Home Equity and Consumer [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total non-accrual loans and leases	$ 1,689	$ 2,151

Loans, Leases and Other Real 45

Loans, Leases and Other Real Estate - Age Analysis of Past Due Loans, Segregated by Class of Loans (Detail) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	$ 22,511	$ 36,136
Current	4,031,765	3,837,759
Total Loans and Leases	4,054,276	3,873,895
Recorded Investment Greater than 89 Days and Still Accruing	20	10
Commercial, Secured by Real Estate [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	12,246	16,629
Current	2,713,172	2,539,972
Total Loans and Leases	2,725,418	2,556,601
Commercial, Industrial and Other [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	792	1,448
Current	352,185	348,780
Total Loans and Leases	352,977	350,228
Leases [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	497	363
Current	69,798	66,653
Total Loans and Leases	70,295	67,016
Real Estate - Residential Mortgage [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	4,916	9,377
Current	332,849	340,204
Total Loans and Leases	337,765	349,581
Real Estate-Construction [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	1,472	4,881
Current	228,706	206,228
Total Loans and Leases	230,178	211,109
Home Equity and Consumer [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	2,588	3,438
Current	335,055	335,922
Total Loans and Leases	337,643	339,360
Recorded Investment Greater than 89 Days and Still Accruing	20	10
30-59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	6,185	15,066
30-59 Days Past Due [Member] | Commercial, Secured by Real Estate [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	3,258	6,082
30-59 Days Past Due [Member] | Commercial, Industrial and Other [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	491	1,193
30-59 Days Past Due [Member] | Leases [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	303	132
30-59 Days Past Due [Member] | Real Estate - Residential Mortgage [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	985	2,990
30-59 Days Past Due [Member] | Real Estate-Construction [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due		3,409
30-59 Days Past Due [Member] | Home Equity and Consumer [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	1,148	1,260
60-89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	1,497	2,711
60-89 Days Past Due [Member] | Commercial, Secured by Real Estate [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	600	1,234
60-89 Days Past Due [Member] | Commercial, Industrial and Other [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due		213
60-89 Days Past Due [Member] | Leases [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	113	78
60-89 Days Past Due [Member] | Real Estate - Residential Mortgage [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	636	1,057
60-89 Days Past Due [Member] | Home Equity and Consumer [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	148	129
Greater Than 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	14,829	18,359
Greater Than 89 Days Past Due [Member] | Commercial, Secured by Real Estate [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	8,388	9,313
Greater Than 89 Days Past Due [Member] | Commercial, Industrial and Other [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	301	42
Greater Than 89 Days Past Due [Member] | Leases [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	81	153
Greater Than 89 Days Past Due [Member] | Real Estate - Residential Mortgage [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	3,295	5,330
Greater Than 89 Days Past Due [Member] | Real Estate-Construction [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	1,472	1,472
Greater Than 89 Days Past Due [Member] | Home Equity and Consumer [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	$ 1,292	$ 2,049

Loans, Leases and Other Real 46

Loans, Leases and Other Real Estate - Impaired Loans with and without Specific Allowances (Detail) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2017	Dec. 31, 2016
Financing Receivable, Impaired [Line Items]
Recorded Investment in Impaired Loans	$ 25,422	$ 25,285
Contractual Unpaid Principal Balance	26,289	27,356
Related Allowance	423	529
Average Investment in Impaired Loans	24,332	26,675
Interest Income Recognized	336	648
Commercial, Secured by Real Estate [Member]
Financing Receivable, Impaired [Line Items]
Loans without related allowance, Recorded Investment in Impaired Loans	14,806	12,764
Loans with related allowance, Recorded Investment in Impaired Loans	5,022	5,860
Recorded Investment in Impaired Loans	19,828	18,624
Loans without related allowance, Contractual Unpaid Principal Balance	15,180	13,195
Loans with related allowance, Contractual Unpaid Principal Balance	5,342	6,142
Contractual Unpaid Principal Balance	20,522	19,337
Related Allowance	276	392
Loans without related allowance, Average Investment in Impaired Loans	13,909	13,631
Loans with related allowance, Average Investment in Impaired Loans	4,913	6,549
Average Investment in Impaired Loans	18,822	20,180
Loans without related allowance, Interest Income Recognized	148	229
Loans with related allowance, Interest Income Recognized	117	273
Interest Income Recognized	265	502
Commercial, Industrial and Other [Member]
Financing Receivable, Impaired [Line Items]
Loans without related allowance, Recorded Investment in Impaired Loans	568	603
Loans with related allowance, Recorded Investment in Impaired Loans	431	349
Recorded Investment in Impaired Loans	999	952
Loans without related allowance, Contractual Unpaid Principal Balance	568	603
Loans with related allowance, Contractual Unpaid Principal Balance	431	349
Contractual Unpaid Principal Balance	999	952
Related Allowance	14	12
Loans without related allowance, Average Investment in Impaired Loans	568	1,109
Loans with related allowance, Average Investment in Impaired Loans	402	360
Average Investment in Impaired Loans	970	1,469
Loans without related allowance, Interest Income Recognized	11	24
Loans with related allowance, Interest Income Recognized	9	17
Interest Income Recognized	20	41
Leases [Member]
Financing Receivable, Impaired [Line Items]
Loans with related allowance, Average Investment in Impaired Loans		1
Average Investment in Impaired Loans		1
Real Estate - Residential Mortgage [Member]
Financing Receivable, Impaired [Line Items]
Loans without related allowance, Recorded Investment in Impaired Loans	970	1,880
Loans with related allowance, Recorded Investment in Impaired Loans	1,005	1,031
Recorded Investment in Impaired Loans	1,975	2,911
Loans without related allowance, Contractual Unpaid Principal Balance	987	3,146
Loans with related allowance, Contractual Unpaid Principal Balance	1,134	1,100
Contractual Unpaid Principal Balance	2,121	4,246
Related Allowance	34	31
Loans without related allowance, Average Investment in Impaired Loans	903	2,430
Loans with related allowance, Average Investment in Impaired Loans	1,015	1,011
Average Investment in Impaired Loans	1,918	3,441
Loans without related allowance, Interest Income Recognized	8	16
Loans with related allowance, Interest Income Recognized	15	30
Interest Income Recognized	23	46
Real Estate-Construction [Member]
Financing Receivable, Impaired [Line Items]
Loans without related allowance, Recorded Investment in Impaired Loans	1,472	1,471
Recorded Investment in Impaired Loans	1,472	1,471
Loans without related allowance, Contractual Unpaid Principal Balance	1,472	1,471
Contractual Unpaid Principal Balance	1,472	1,471
Loans without related allowance, Average Investment in Impaired Loans	1,472	12
Average Investment in Impaired Loans	1,472	12
Home Equity and Consumer [Member]
Financing Receivable, Impaired [Line Items]
Loans without related allowance, Recorded Investment in Impaired Loans		139
Loans with related allowance, Recorded Investment in Impaired Loans	1,148	1,188
Recorded Investment in Impaired Loans	1,148	1,327
Loans without related allowance, Contractual Unpaid Principal Balance		139
Loans with related allowance, Contractual Unpaid Principal Balance	1,175	1,211
Contractual Unpaid Principal Balance	1,175	1,350
Related Allowance	99	94
Loans without related allowance, Average Investment in Impaired Loans		388
Loans with related allowance, Average Investment in Impaired Loans	1,150	1,184
Average Investment in Impaired Loans	1,150	1,572
Loans with related allowance, Interest Income Recognized	28	59
Interest Income Recognized	$ 28	$ 59

Loans, Leases and Other Real 47

Loans, Leases and Other Real Estate - Company's Commercial Loan Portfolio (Detail) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Financing Receivable, Recorded Investment [Line Items]
Total loans	$ 4,017,908	$ 3,839,353
Commercial, Secured by Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	2,725,418	2,556,601
Commercial, Secured by Real Estate [Member] | Pass 3 [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	84,407	82,102
Commercial, Secured by Real Estate [Member] | Pass 4 [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	821,819	729,281
Commercial, Secured by Real Estate [Member] | Pass 5 [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	1,700,154	1,615,331
Commercial, Secured by Real Estate [Member] | Watch [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	58,427	68,372
Commercial, Secured by Real Estate [Member] | Other Assets Especially Mentioned [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	31,163	33,015
Commercial, Secured by Real Estate [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	29,448	28,500
Commercial, Industrial and Other [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	352,977	350,228
Commercial, Industrial and Other [Member] | Pass 1 [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	448	1,449
Commercial, Industrial and Other [Member] | Pass 2 [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	29,901	26,743
Commercial, Industrial and Other [Member] | Pass 3 [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	35,124	36,644
Commercial, Industrial and Other [Member] | Pass 4 [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	129,845	135,702
Commercial, Industrial and Other [Member] | Pass 5 [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	131,751	129,366
Commercial, Industrial and Other [Member] | Watch [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	11,047	6,395
Commercial, Industrial and Other [Member] | Other Assets Especially Mentioned [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	9,474	5,242
Commercial, Industrial and Other [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	5,387	8,687
Real Estate-Construction [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	230,178	211,109
Real Estate-Construction [Member] | Pass 4 [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	8,800	28,177
Real Estate-Construction [Member] | Pass 5 [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	218,054	175,595
Real Estate-Construction [Member] | Watch [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	698	1,223
Real Estate-Construction [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	$ 2,626	$ 6,114

Loans, Leases and Other Real 48

Loans, Leases and Other Real Estate - Allowance for Loan and Lease Losses by Portfolio Segment (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Dec. 31, 2016
Financing Receivable, Recorded Investment, Past Due [Line Items]
Beginning Balance	$ 31,590	$ 30,553	$ 31,245	$ 30,874
Charge-offs	(870)	(1,045)	(2,230)	(2,588)
Recoveries	276	149	763	296
Provision	1,827	1,010	3,045	2,085
Ending Balance	32,823	30,667	32,823	30,667
Ending Balance: Individually evaluated for impairment					$ 25,422	$ 25,285
Ending Balance: Collectively evaluated for impairment					4,028,112	3,847,202
Total Loans and Leases					4,054,276	3,873,895
Ending Balance: Individually evaluated for impairment					423	529
Ending Balance: Collectively evaluated for impairment					32,400	30,716
Ending Balance	31,590	30,553	32,823	30,667	32,823	31,245
Loans Acquired with Deteriorated Credit Quality [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Ending Balance: Loans acquired with deteriorated credit quality					742	1,408
Commercial, Secured by Real Estate [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Beginning Balance	22,083	20,077	21,223	20,223
Charge-offs	(83)	(139)	(303)	(274)
Recoveries	145	26	364	81
Provision	1,199	395	2,060	329
Ending Balance	23,344	20,359	23,344	20,359
Total Loans and Leases					2,725,418	2,556,601
Ending Balance: Individually evaluated for impairment					276	392
Ending Balance: Collectively evaluated for impairment					23,068	20,831
Ending Balance	22,083	20,077	23,344	20,359	23,344	21,223
Commercial, Secured by Real Estate [Member] | Loans and Leases [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Ending Balance: Individually evaluated for impairment					19,828	18,624
Ending Balance: Collectively evaluated for impairment					2,704,863	2,536,858
Total Loans and Leases					2,725,418	2,556,601
Commercial, Secured by Real Estate [Member] | Loans and Leases [Member] | Loans Acquired with Deteriorated Credit Quality [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Ending Balance: Loans acquired with deteriorated credit quality					727	1,119
Commercial, Industrial and Other [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Beginning Balance	1,792	2,597	1,723	2,637
Charge-offs	(71)	(171)	(234)	(796)
Recoveries	27	34	122	76
Provision	(60)	(248)	77	295
Ending Balance	1,688	2,212	1,688	2,212
Total Loans and Leases					352,977	350,228
Ending Balance: Individually evaluated for impairment					14	12
Ending Balance: Collectively evaluated for impairment					1,674	1,711
Ending Balance	1,792	2,597	1,688	2,212	1,688	1,723
Commercial, Industrial and Other [Member] | Loans and Leases [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Ending Balance: Individually evaluated for impairment					999	952
Ending Balance: Collectively evaluated for impairment					351,971	349,001
Total Loans and Leases					352,977	350,228
Commercial, Industrial and Other [Member] | Loans and Leases [Member] | Loans Acquired with Deteriorated Credit Quality [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Ending Balance: Loans acquired with deteriorated credit quality					7	275
Leases [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Beginning Balance	502	588	548	460
Charge-offs	(120)	(205)	(163)	(275)
Recoveries	28	21	32	22
Provision	119	220	112	417
Ending Balance	529	624	529	624
Total Loans and Leases					70,295	67,016
Ending Balance: Collectively evaluated for impairment					529	548
Ending Balance	502	588	529	624	529	548
Leases [Member] | Loans and Leases [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Ending Balance: Collectively evaluated for impairment					70,295	67,016
Total Loans and Leases					70,295	67,016
Real Estate - Residential Mortgage [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Beginning Balance	1,825	2,266	1,964	2,588
Charge-offs	(169)	(213)	(310)	(306)
Recoveries		1		4
Provision	98	110	100	(122)
Ending Balance	1,754	2,164	1,754	2,164
Total Loans and Leases					337,765	349,581
Ending Balance: Individually evaluated for impairment					34	31
Ending Balance: Collectively evaluated for impairment					1,720	1,933
Ending Balance	1,825	2,266	1,754	2,164	1,754	1,964
Real Estate - Residential Mortgage [Member] | Loans and Leases [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Ending Balance: Individually evaluated for impairment					1,975	2,911
Ending Balance: Collectively evaluated for impairment					335,790	346,670
Total Loans and Leases					337,765	349,581
Real Estate-Construction [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Beginning Balance	2,378	1,504	2,352	1,591
Charge-offs			(609)
Recoveries	5		20
Provision	213	284	833	197
Ending Balance	2,596	1,788	2,596	1,788
Total Loans and Leases					230,178	211,109
Ending Balance: Collectively evaluated for impairment					2,596	2,352
Ending Balance	2,378	1,504	2,596	1,788	2,596	2,352
Real Estate-Construction [Member] | Loans and Leases [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Ending Balance: Individually evaluated for impairment					1,472	1,471
Ending Balance: Collectively evaluated for impairment					228,706	209,638
Total Loans and Leases					230,178	211,109
Home Equity and Consumer [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Beginning Balance	3,010	3,521	3,435	3,375
Charge-offs	(427)	(317)	(611)	(937)
Recoveries	71	67	225	113
Provision	258	249	(137)	969
Ending Balance	2,912	3,520	2,912	3,520
Ending Balance: Individually evaluated for impairment					1,148	1,327
Ending Balance: Collectively evaluated for impairment					336,487	338,019
Total Loans and Leases					337,643	339,360
Ending Balance: Individually evaluated for impairment					99	94
Ending Balance: Collectively evaluated for impairment					2,813	3,341
Ending Balance	$ 3,010	$ 3,521	$ 2,912	$ 3,520	2,912	3,435
Home Equity and Consumer [Member] | Loans Acquired with Deteriorated Credit Quality [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Ending Balance: Loans acquired with deteriorated credit quality					$ 8	$ 14

Loans, Leases and Other Real 49

Loans, Leases and Other Real Estate - Summary of Restructured Loans (Detail) $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2017USD ($)Contract	Jun. 30, 2017USD ($)Contract	Jun. 30, 2016USD ($)Contract
Financing Receivable, Modifications [Line Items]
Number of Contracts | Contract	4	6	3
Pre-Modification Outstanding Recorded Investment	$ 283	$ 3,162	$ 285
Post-Modification Outstanding Recorded Investment	$ 283	$ 3,162	$ 285
Commercial, Secured by Real Estate [Member]
Financing Receivable, Modifications [Line Items]
Number of Contracts | Contract	2	4
Pre-Modification Outstanding Recorded Investment	$ 159	$ 3,038
Post-Modification Outstanding Recorded Investment	$ 159	$ 3,038
Commercial, Industrial and Other [Member]
Financing Receivable, Modifications [Line Items]
Number of Contracts | Contract	2	2
Pre-Modification Outstanding Recorded Investment	$ 124	$ 124
Post-Modification Outstanding Recorded Investment	$ 124	$ 124
Home Equity and Consumer [Member]
Financing Receivable, Modifications [Line Items]
Number of Contracts | Contract			3
Pre-Modification Outstanding Recorded Investment			$ 285
Post-Modification Outstanding Recorded Investment			$ 285

Loans, Leases and Other Real 50

Loans, Leases and Other Real Estate - Summary of Restructured Loans within Previous 12 Months that have Subsequently Defaulted (Detail) $ in Thousands	6 Months Ended
	Jun. 30, 2017USD ($)Contract	Jun. 30, 2016USD ($)Contract
Financing Receivable, Modifications [Line Items]
Number of Contracts | Contract	1	1
Recorded Investment | $	$ 254	$ 162
Real Estate - Residential Mortgage [Member]
Financing Receivable, Modifications [Line Items]
Number of Contracts | Contract	1
Recorded Investment | $	$ 254
Home Equity and Consumer [Member]
Financing Receivable, Modifications [Line Items]
Number of Contracts | Contract		1
Recorded Investment | $		$ 162

Derivatives - Additional Inform

Derivatives - Additional Information (Detail)	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2017USD ($)	Jun. 30, 2016USD ($)Derivative	Jun. 30, 2017USD ($)	Jun. 30, 2016USD ($)Derivative	Jun. 30, 2018USD ($)	Dec. 31, 2016USD ($)
Derivative [Line Items]
Available for sale securities pledged for collateral	$ 7,500,000		$ 7,500,000			$ 7,500,000
Interest expense	$ 5,791,000	$ 3,935,000	$ 11,264,000	$ 7,656,000
Scenario, Forecast [Member] | Reclassification Out of Accumulated Other Comprehensive Income [Member]
Derivative [Line Items]
Interest expense					$ 60,000
Cash Flow Hedging [Member] | Interest Rate Swaps [Member]
Derivative [Line Items]
Number of derivatives | Derivative		2		2
Notional amount		$ 30,000,000		$ 30,000,000
Average interest rate		1.10%		1.10%
Variable rate basis			3 month LIBOR
Amount of ineffective hedges			$ 0
Interest expense			$ 4,000

Derivatives - Summary Informati

Derivatives - Summary Information Regarding Derivatives (Detail) - USD ($)	6 Months Ended	12 Months Ended
	Jun. 30, 2017	Dec. 31, 2016
3rd Party Interest Rate Swaps [Member]
Derivative [Line Items]
Derivatives, Asset Notional Amount	$ 87,852,000
Derivatives, Liability Notional Amount		$ 129,252,000
Derivatives, Average Maturity (Years)	9 years 4 months 24 days	10 years 10 months 25 days
Derivatives, Weighted Average Rate Fixed	3.78%	4.03%
Derivatives, Weighted Average Variable Rate, description	1 Mo. LIBOR + 2.12	1 Mo. LIBOR + 2.10
Derivatives, Weighted Average Variable Rate	2.12%	2.10%
Derivatives, Fair Value	$ 2,989,000	$ 2,345,000
Customer Interest Rate Swaps [Member]
Derivative [Line Items]
Derivatives, Asset Notional Amount	$ 98,651,000	$ 129,252,000
Derivatives, Average Maturity (Years)	11 years 3 months 19 days	10 years 10 months 25 days
Derivatives, Weighted Average Rate Fixed	4.64%	4.03%
Derivatives, Weighted Average Variable Rate, description	1 Mo. LIBOR + 2.19	1 Mo. LIBOR + 2.10
Derivatives, Weighted Average Variable Rate	2.19%	2.10%
Derivatives, Fair Value	$ 2,522,000	$ (2,345,000)
Interest Rate Swap Cash Flow Hedge [Member]
Derivative [Line Items]
Derivatives, Asset Notional Amount	$ 30,000,000	$ 30,000,000
Derivatives, Average Maturity (Years)	4 years	4 years 6 months
Derivatives, Weighted Average Rate Fixed	1.10%	1.10%
Derivatives, Weighted Average Variable Rate, description	3 Mo. LIBOR	3 Mo. LIBOR
Derivatives, Fair Value	$ 868,000	$ 1,033,000
Customer Interest Rate Swaps [Member]
Derivative [Line Items]
Derivatives, Liability Notional Amount	$ 87,852,000
Derivatives, Average Maturity (Years)	9 years 4 months 24 days
Derivatives, Weighted Average Rate Fixed	3.78%
Derivatives, Weighted Average Variable Rate, description	1 Mo. LIBOR + 2.12
Derivatives, Weighted Average Variable Rate	2.12%
Derivatives, Fair Value	$ (2,989,000)
3rd Party Interest Rate Swaps [Member]
Derivative [Line Items]
Derivatives, Liability Notional Amount	$ 98,651,000
Derivatives, Average Maturity (Years)	11 years 3 months 19 days
Derivatives, Weighted Average Rate Fixed	4.64%
Derivatives, Weighted Average Variable Rate, description	1 Mo. LIBOR + 2.19
Derivatives, Weighted Average Variable Rate	2.19%
Derivatives, Fair Value	$ (2,522,000)

Goodwill and Intangible Asset53

Goodwill and Intangible Assets - Additional Information (Detail) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Goodwill And Intangible Assets [Line Items]
Goodwill	$ 136,433	$ 135,747
Core Deposits [Member]
Goodwill And Intangible Assets [Line Items]
Core deposit intangible	$ 2,600	$ 3,300

Goodwill and Intangible Asset54

Goodwill and Intangible Assets - Schedule of Estimated Future Amortization Expense (Detail) $ in Thousands	Jun. 30, 2017USD ($)
Goodwill and Intangible Assets Disclosure [Abstract]
2,017	$ 268
2,018	594
2,019	504
2,020	415
2,021	326
2,022	$ 236

Borrowings - Additional Informa

Borrowings - Additional Information (Detail) - USD ($)	3 Months Ended	6 Months Ended
	Mar. 31, 2017	Jun. 30, 2017
Debt Instrument [Line Items]
Federal funds purchased		$ 91,600,000
Securities sold under agreements to repurchase		26,900,000
Securities sold under agreement to repurchase maturities due		$ 20,000,000
Borrowings maturity period		1 year
Repayment of borrowings	$ 20,000,000
Long-term debt prepayment fees	2,200,000	$ 2,828,000
Securities Sold under Agreements to Repurchase [Member]
Debt Instrument [Line Items]
Pledged securities		$ 54,900,000
Federal Home Loan Bank of New York [Member]
Debt Instrument [Line Items]
Long-term debt prepayment fees	638,000
Repayment of borrowings from the Federal Home Loan Bank	$ 34,000,000

Share-Based Compensation - Addi

Share-Based Compensation - Additional Information (Detail) - USD ($)	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense	$ 1,566,000	$ 1,107,000
Stock options exercised	31,769
Aggregate intrinsic value of stock options exercised	$ 318,000
Cash receipts due to exercise of stock options	$ 313,000
Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted, Weighted average price	$ 18.20
Granted, Number of shares	13,176
Restricted Stock [Member] | 2009 Equity Compensation Program [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense	$ 1,600,000	$ 1,100,000
Unrecognized compensation cost	$ 149,000
Unrecognized compensation expense, period of recognition	7 months 2 days
Restricted Stock [Member] | 2009 Equity Compensation Program [Member] | Non-Employee Directors [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options granted	13,176	23,952
Granted, Weighted average price	$ 18.20	$ 10.02
Share-based compensation expense	$ 240,000	$ 240,000
Vesting period	1 year	1 year
RSUs [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted, Weighted average price	$ 19.96
Granted, Number of shares	117,673
RSUs [Member] | 2009 Equity Compensation Program [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation cost	$ 2,210,000
Unrecognized compensation expense, period of recognition	1 year 6 months 10 days
Granted, Weighted average price	$ 19.96	$ 10.06
Share-based compensation expense	$ 783,000	$ 504,000
Vesting period	3 years	3 years
Granted, Number of shares	117,673	150,226
RSUs [Member] | 2009 Equity Compensation Program [Member] | Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period	2 years
RSUs [Member] | 2009 Equity Compensation Program [Member] | Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period	3 years
Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options exercised	31,769
Stock Options [Member] | 2009 Equity Compensation Program [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation cost	$ 0

Share-Based Compensation - Summ

Share-Based Compensation - Summary of Company's Restricted Stock Activity (Detail)	6 Months Ended
	Jun. 30, 2017$ / sharesshares
Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Outstanding, Number of shares, Beginning balance | shares	42,875
Granted, Number of shares | shares	13,176
Vested, Number of shares | shares	(32,901)
Forfeited, Number of shares | shares	(48)
Outstanding, Number of shares, Ending balance | shares	23,102
Outstanding, Weighted average price, Beginning balance | $ / shares	$ 9.72
Granted, Weighted average price | $ / shares	18.20
Vested, Weighted average price | $ / shares	9.79
Forfeited, Weighted average price | $ / shares	9.39
Outstanding, Weighted average price, Ending balance | $ / shares	$ 14.46
RSUs [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Outstanding, Number of shares, Beginning balance | shares	302,344
Granted, Number of shares | shares	117,673
Vested, Number of shares | shares	(148,584)
Forfeited, Number of shares | shares	(8,995)
Outstanding, Number of shares, Ending balance | shares	262,438
Outstanding, Weighted average price, Beginning balance | $ / shares	$ 10.76
Granted, Weighted average price | $ / shares	19.96
Vested, Weighted average price | $ / shares	13.01
Forfeited, Weighted average price | $ / shares	12.58
Outstanding, Weighted average price, Ending balance | $ / shares	$ 13.55

Share-Based Compensation - Opti

Share-Based Compensation - Option Activity under the Company's Stock Option Plans (Detail) - USD ($)	6 Months Ended	12 Months Ended
	Jun. 30, 2017	Dec. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Outstanding, Number of shares, Beginning balance	135,250
Granted, Number of shares	0
Exercised, Number of shares	(31,769)
Forfeited, Number of shares	0
Expired, Number of shares	0
Outstanding, Number of shares, Ending balance	103,481	135,250
Options exercisable, Number of shares, Ending balance	103,481
Outstanding, Weighted average exercise price, Beginning balance	$ 8.79
Granted, Weighted average exercise price	0
Exercised, Weighted average exercise price	9.84
Forfeited, Weighted average exercise price	0
Expired, Weighted average exercise price	0
Outstanding, Weighted average exercise price, Ending balance	8.47	$ 8.79
Options exercisable, Weighted average exercise price, Ending balance	$ 8.47
Outstanding, Weighted average remaining contractual term (in years), Ending balance	4 years 9 months 11 days	4 years 2 months 5 days
Options exercisable, Weighted average remaining contractual term (in years), Ending balance	4 years 9 months 11 days
Outstanding, Aggregate intrinsic value	$ 1,076,479	$ 1,450,533
Options exercisable at year end, Aggregate intrinsic value	$ 1,076,479

Comprehensive Income - Componen

Comprehensive Income - Components of Other Comprehensive Income (Loss) (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Net unrealized gains (losses) on available for sale securities
Net unrealized holding gains arising during period, Before Tax Amount	$ 1,661	$ 2,684	$ 2,845	$ 9,247
Reclassification adjustment for net gains (losses) arising during the period, Before Tax Amount	15		(2,524)	(370)
Net unrealized gains, Before Tax Amount	1,676	2,684	321	8,877
Unrealized losses on derivatives, Before Tax Amount	(186)	(193)	(165)	(193)
Change in minimum pension liability, Before Tax Amount		8		72
Other comprehensive income, net, Before Tax Amount	1,490	2,499	156	8,756
Net unrealized holding gains arising during period, Tax Benefit (Expense)	(632)	(987)	(1,082)	(3,393)
Reclassification adjustment for net gains(losses) arising during the period, Tax Benefit (Expense)	(6)		884	137
Net unrealized gains (losses), Tax Benefit (Expense)	(638)	(987)	(198)	(3,256)
Unrealized losses on derivatives, Tax Benefit (Expense)	65	67	58	67
Change in minimum pension liability, Tax Benefit (Expense)		(2)		(28)
Other comprehensive income, net, Tax Benefit (Expense)	(573)	(922)	(140)	(3,217)
Net unrealized holding gains arising during period, Net of Tax Amount	1,029	1,697	1,763	5,854
Reclassification adjustment for net gains(losses) arising during the period, Net of Tax Amount	9		(1,640)	(233)
Net unrealized gains, Net of Tax Amount	1,038	1,697	123	5,621
Unrealized losses on derivatives, Net of Tax Amount	(121)	(126)	(107)	(126)
Change in minimum pension liability, Net of Tax Amount		6		44
Other comprehensive income	$ 917	$ 1,577	$ 16	$ 5,539

Comprehensive Income - Summary

Comprehensive Income - Summary of Changes in Components of Other Comprehensive Income, Net of Tax (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Accumulated Other Comprehensive Income (Loss) [Line Items]
BALANCE			$ 550,044	$ 400,516
Other comprehensive income	$ 917	$ 1,577	16	5,539
BALANCE	567,545	454,934	567,545	454,934
Unrealized Gains (Losses) on Available-for-Sale Securities [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
BALANCE	(1,032)	5,078	(117)	1,154
Other comprehensive income before classifications	1,029	1,697	1,763	5,854
Amounts reclassified from accumulated other comprehensive income	9		(1,640)	(233)
Other comprehensive income	1,038	1,697	123	5,621
BALANCE	6	6,775	6	6,775
Unrealized Gains on Derivatives [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
BALANCE	686		672
Other comprehensive income before classifications	(121)	(126)	(107)	(126)
Other comprehensive income	(121)	(126)	(107)	(126)
BALANCE	565	(126)	565	(126)
Pension Items [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
BALANCE	38	34	38	(4)
Other comprehensive income before classifications		6		44
Other comprehensive income		6		44
BALANCE	38	40	38	40
Accumulated Other Comprehensive Income (Loss) [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
BALANCE	(308)	5,112	593	1,150
Other comprehensive income before classifications	908	1,577	1,656	5,772
Amounts reclassified from accumulated other comprehensive income	9		(1,640)	(233)
Other comprehensive income	917	1,577	16	5,539
BALANCE	$ 609	$ 6,689	$ 609	$ 6,689

Estimated Fair Value of Finan61

Estimated Fair Value of Financial Instruments and Fair Value Measurement - Fair Value of Financial Assets and Liabilities Measured on Recurring Basis (Detail) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Assets:
Investment securities, available for sale	$ 673,164	$ 606,704
US Treasury and Government Agencies [Member]
Assets:
Investment securities, available for sale	142,444	117,359
Obligations of States and Political Subdivisions [Member]
Assets:
Investment securities, available for sale	54,274	48,326
Equity Securities [Member]
Assets:
Investment securities, available for sale	17,609	21,882
Fair Value, Measurements, Recurring [Member]
Assets:
Investment securities, available for sale	673,164	606,704
Total Assets	679,543	610,082
Liabilities:
Total Liabilities	5,511	2,345
Fair Value, Measurements, Recurring [Member] | Interest Rate Derivatives [Member]
Assets:
Derivative assets	6,379	3,378
Liabilities:
Derivative liabilities	5,511	2,345
Fair Value, Measurements, Recurring [Member] | US Treasury and Government Agencies [Member]
Assets:
Investment securities, available for sale	142,444	117,359
Fair Value, Measurements, Recurring [Member] | Mortgage Backed Securities [Member]
Assets:
Investment securities, available for sale	453,742	413,725
Fair Value, Measurements, Recurring [Member] | Obligations of States and Political Subdivisions [Member]
Assets:
Investment securities, available for sale	54,274	48,326
Fair Value, Measurements, Recurring [Member] | Other Debt Securities [Member]
Assets:
Investment securities, available for sale	5,095	5,412
Fair Value, Measurements, Recurring [Member] | Equity Securities [Member]
Assets:
Investment securities, available for sale	17,609	21,882
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Fair Value, Measurements, Recurring [Member]
Assets:
Investment securities, available for sale	10,418	13,679
Total Assets	10,418	13,679
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Fair Value, Measurements, Recurring [Member] | US Treasury and Government Agencies [Member]
Assets:
Investment securities, available for sale	5,696	5,931
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Fair Value, Measurements, Recurring [Member] | Equity Securities [Member]
Assets:
Investment securities, available for sale	4,722	7,748
Significant Other Observable Inputs (Level 2) [Member] | Fair Value, Measurements, Recurring [Member]
Assets:
Investment securities, available for sale	662,746	593,025
Total Assets	669,125	596,403
Liabilities:
Total Liabilities	5,511	2,345
Significant Other Observable Inputs (Level 2) [Member] | Fair Value, Measurements, Recurring [Member] | Interest Rate Derivatives [Member]
Assets:
Derivative assets	6,379	3,378
Liabilities:
Derivative liabilities	5,511	2,345
Significant Other Observable Inputs (Level 2) [Member] | Fair Value, Measurements, Recurring [Member] | US Treasury and Government Agencies [Member]
Assets:
Investment securities, available for sale	136,748	111,428
Significant Other Observable Inputs (Level 2) [Member] | Fair Value, Measurements, Recurring [Member] | Mortgage Backed Securities [Member]
Assets:
Investment securities, available for sale	453,742	413,725
Significant Other Observable Inputs (Level 2) [Member] | Fair Value, Measurements, Recurring [Member] | Obligations of States and Political Subdivisions [Member]
Assets:
Investment securities, available for sale	54,274	48,326
Significant Other Observable Inputs (Level 2) [Member] | Fair Value, Measurements, Recurring [Member] | Other Debt Securities [Member]
Assets:
Investment securities, available for sale	5,095	5,412
Significant Other Observable Inputs (Level 2) [Member] | Fair Value, Measurements, Recurring [Member] | Equity Securities [Member]
Assets:
Investment securities, available for sale	$ 12,887	$ 14,134

Estimated Fair Value of Finan62

Estimated Fair Value of Financial Instruments and Fair Value Measurement - Fair Value of Assets Measured on Non-recurring Basis (Detail) - Fair Value, Measurements, Non-recurring [Member] - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans and leases	$ 25,422	$ 25,285
Loans held for sale	877	1,742
Other real estate owned and other repossessed assets	1,415	1,072
Significant Other Observable Inputs (Level 2) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans held for sale	877	1,742
Significant Unobservable Inputs (Level 3) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans and leases	25,422	25,285
Other real estate owned and other repossessed assets	$ 1,415	$ 1,072

Estimated Fair Value of Finan63

Estimated Fair Value of Financial Instruments and Fair Value Measurement - Additional Information (Detail) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2017	Dec. 31, 2016
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term municipal bond	$ 27,500
Subordinate debt	104,842	$ 104,784
Non-rated [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Subordinate debt	$ 1,000
Minimum [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Discount rates	5.00%
Capitalization rates	5.00%
Maximum [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Discount rates	11.00%
Capitalization rates	10.00%

Estimated Fair Value of Finan64

Estimated Fair Value of Financial Instruments and Fair Value Measurement- Carrying Values and Fair Values of Company's Financial Instruments (Detail) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Financial Assets:
Investment securities held to maturity, Fair Value	$ 138,619	$ 146,990
Investment securities held to maturity, Carrying Value	138,468	147,614
Federal Home Loan Bank and other membership bank stocks ,	18,899	15,099
Federal Home Loan Bank and other membership bank stocks, Carrying Value	18,899	15,099
Loans and leases, net Fair Value	4,019,534	3,832,465
Loans and leases, net Carrying Value	4,017,908	3,839,353
Financial Liabilities:
Certificates of deposit, Fair Value	564,084	543,399
Certificates of deposit, Carrying value	566,245	544,908
Other borrowings, Fair Value	312,136	264,586
Other borrowings, Carrying value	312,251	260,866
Subordinated debentures, Fair Value	95,588	94,476
Subordinated debentures, Carrying Value	104,842	104,784
Significant Other Observable Inputs (Level 2) [Member]
Financial Assets:
Investment securities held to maturity, Fair Value	110,139	111,403
Federal Home Loan Bank and other membership bank stocks ,	18,899	15,099
Financial Liabilities:
Certificates of deposit, Fair Value	564,084	543,399
Other borrowings, Fair Value	312,136	264,586
Significant Unobservable Inputs (Level 3) [Member]
Financial Assets:
Investment securities held to maturity, Fair Value	28,480	35,587
Loans and leases, net Fair Value	4,019,534	3,832,465
Financial Liabilities:
Subordinated debentures, Fair Value	$ 95,588	$ 94,476

Recent Accounting Pronounceme65

Recent Accounting Pronouncements - Additional Information (Detail)	6 Months Ended
	Jun. 30, 2017USD ($)
Accounting Policies [Abstract]
Excess tax benefits of stock based compensation	$ 582,000