BENEFIT PLANS	12 Months Ended
Dec. 31, 2015
BENEFIT PLANS [Abstract]
BENEFIT PLANS	*11. BENEFIT PLANS* The Company sponsors a profit sharing plan and a savings plan under Section 401(K) of the Internal Revenue Code, covering substantially all salaried employees over the age of 21 with at least 12 months of service. Under the savings plan, the Company contributes three percent of salary for each employee regardless of the employees' contributions as well as partially matching employee contributions. The Company contributed to an enhanced benefit plan to employees who were previously in the defined benefit plan, which was discontinued in 2008. The enhanced benefit was discretionary and was eliminated in 2014. In 2013, the enhanced benefit was approximately $850 thousand. Expense for the savings plan totaled approximately $1.6 million, $1.4 million and $1.9 million in 2015, 2014 and 2013, respectively. Contributions to the profit sharing plan are made at the discretion of the Board of Directors and all funds are invested solely in Peapack-Gladstone Financial Corporation common stock. The Company did not contribute to the profit sharing plan in 2015 or 2014. The aggregate contribution to the profit sharing plan was $200 thousand in 2013, respectively.

BENEFIT PLANS

12 Months Ended

Dec. 31, 2015

11. BENEFIT PLANS

The Company sponsors a profit sharing plan and a savings plan under Section 401(K) of the Internal Revenue Code, covering substantially all salaried employees over the age of 21 with at least 12 months of service. Under the savings plan, the Company contributes three percent of salary for each employee regardless of the employees' contributions as well as partially matching employee contributions. The Company contributed to an enhanced benefit plan to employees who were previously in the defined benefit plan, which was discontinued in 2008. The enhanced benefit was discretionary and was eliminated in 2014. In 2013, the enhanced benefit was approximately $850 thousand. Expense for the savings plan totaled approximately $1.6 million, $1.4 million and $1.9 million in 2015, 2014 and 2013, respectively.

Contributions to the profit sharing plan are made at the discretion of the Board of Directors and all funds are invested solely in Peapack-Gladstone Financial Corporation common stock. The Company did not contribute to the profit sharing plan in 2015 or 2014. The aggregate contribution to the profit sharing plan was $200 thousand in 2013, respectively.