DERIVATIVES (Tables)

6 Months Ended

Jun. 30, 2015

DERIVATIVES [Abstract]

Schedule of Information about Derivatives

(In thousands)	June 30, 2015			December 31, 2014
Notional amount	$	150,000		$	25,000
Weighted average pay rate		1.66	%		1.81	%
Weighted average receive rate		0.28	%		0.21	%
Weighted average maturity		4.6	years		5.0	years
Unrealized loss	$	(530	)	$	(169	)
Number of contracts		7			1

(In thousands)	June 30, 2015
Notional amount	$	27,320
Fair value	$	480
Weighted average pay rates		3.06	%
Weighted average receive rates		1.42	%
Weighted average maturity		16.3	years

Schedule of Net Gains/(Losses)

The following table presents the net gains/(losses) recorded in accumulated other comprehensive income and the consolidated financial statements relating to the cash flow derivative instruments for the three months ended June 30, 2015 (after tax):

					Amount of
	Amount of		Amount of		Gain/(Loss)
	Gain/(Loss)		Gain/(Loss)		Recognized in
	Recognized		Reclassified		Other Non-Interest
	In OCI		From OCI to		Expense
(In thousands)	(Effective Portion)		Interest Expense		(Ineffective Portion)
Interest rate contracts	$	374	$	—	$	—

The following table presents the net gains/(losses) recorded in accumulated other comprehensive income and the consolidated financial statements relating to the cash flow derivative instruments for the six months ended June 30, 2015 (after tax):

						Amount of
	Amount of			Amount of		Gain/(Loss)
	Gain/(Loss)			Gain/(Loss)		Recognized in
	Recognized			Reclassified		Other Non-Interest
	In OCI			From OCI to		Expense
(In thousands)	(Effective Portion)			Interest Expense		(Ineffective Portion)
Interest rate contracts	$	(213	)	$	—	$	—

Schedule of Notional Amount and Fair Value

	June 30, 2015
	Notional		Fair
(In thousands)	Amount		Value
Interest rate swaps related to interest-bearing
demand brokered deposits	$	150,000	$	(530	)
Total included in other liabilities	$	110,000	$	(674	)
Total included in other assets	$	40,000	$	144

	December 31, 2014
	Notional		Fair
(In thousands)	Amount		Value
Interest rate swaps related to interest-bearing
demand brokered deposits	$	25,000	$	(169	)
Total included in other liabilities	$	25,000	$	(169	)