DERIVATIVES (Tables)

6 Months Ended

Jun. 30, 2016

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Information about Derivatives

The following information about the interest rate swaps designated as cash flow hedges as of June 30, 2016 and December 31, 2015 is presented in the following table:

(Dollars in thousands)	June 30, 2016			December 31, 2015
Notional amount	$	180,000		$	180,000
Weighted average pay rate		1.64	%		1.64	%
Weighted average receive rate		0.52	%		0.29	%
Weighted average maturity		3.75	years		4.25	years
Unrealized loss	$	(6,302	)	$	(1,331	)
Number of contracts		9			9

Information about these swaps is as follows:

(Dollars in thousands)	June 30, 2016			December 31, 2015
Notional amount	$	34,606		$	27,259
Fair value	$	2,908		$	1,106
Weighted average pay rates		3.25	%		3.06	%
Weighted average receive rates		1.86	%		1.44	%
Weighted average maturity		14.0	years		15.8	years
Number of contracts		3			3

Schedule of Net Gains/(Losses)

The following table presents the net losses recorded in accumulated other comprehensive (loss)/income and the consolidated financial statements relating to the cash flow derivative instruments for the three months ended June 30, 2016 (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	$	(680	)	$	—	$	—

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

					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 losses recorded in accumulated other comprehensive (loss)/income and the consolidated financial statements relating to the cash flow derivative instruments for the six months ended June 30, 2016 (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	$	(2,940	)	$	—	$	—

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

						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

The following tables reflect the cash flow hedges included in the financial statements as of June 30, 2016 and December 31, 2015:

	June 30, 2016
	Notional		Fair
(In thousands)	Amount		Value
Interest rate swaps related to interest-bearing
demand brokered deposits	$	180,000	$	(6,302	)
Total included in other assets	$	—	$	—
Total included in other liabilities	$	180,000	$	(6,302	)

	December 31, 2015
	Notional		Fair
(In thousands)	Amount		Value
Interest rate swaps related to interest-bearing
demand brokered deposits	$	180,000	$	(1,330	)
Total included in other assets	$	15,000	$	104
Total included in other liabilities	$	165,000	$	(1,434	)