FAIR VALUE (Tables)

3 Months Ended

Mar. 31, 2017

Fair Value Disclosures [Abstract]

Schedule of assets measured at fair value on a recurring basis

Assets Measured on a Recurring Basis

				Fair Value Measurements Using
				Quoted
				Prices in
				Active
				Markets		Significant
				For		Other			Significant
				Identical		Observable			Unobservable
	March 31,			Assets		Inputs			Inputs
(In thousands)	2017			(Level 1)		(Level 2)			(Level 3)
Assets:
Available for sale:
U.S. government-sponsored
agencies	$	21,556		$	—	$	21,556		$	—
Mortgage-backed securities-
residential		236,584			—		236,584			—
SBA pool securities		6,471			—		6,471			—
State and political subdivisions		24,996			—		24,996			—
Corporate bond		3,086			—		3,086			—
Single-issuer trust preferred security		2,715			—		2,715			—
CRA investment fund		4,824			4,824		—			—
Derivatives:
Cash flow hedges		348			—		348			—
Loan level swaps		2,869			—		2,869			—
Total	$	303,449		$	4,824	$	298,625		$	—
Liabilities:
Derivatives:
Cash flow hedges	$	(227	)	$	—	$	(227	)	$	—
Loan level swaps		(2,869	)		—		(2,869	)		—
Total	$	(3,096	)	$	—	$	(3,096	)	$	—

Assets Measured on a Recurring Basis

				Fair Value Measurements Using
				Quoted
				Prices in
				Active
				Markets		Significant
				For		Other			Significant
				Identical		Observable			Unobservable
	December 31,			Assets		Inputs			Inputs
(In thousands)	2016			(Level 1)		(Level 2)			(Level 3)
Assets:
Securities available for sale:
U.S. government-sponsored agencies	$	21,517		$	—	$	21,517		$	—
Mortgage-backed securities-residential		237,617			—		237,617			—
SBA pool securities		6,713			—		6,713			—
State and political subdivisions		28,993			—		28,993			—
Corporate bond		3,113			—		3,113			—
Single-issuer trust preferred security		2,610			—		2,610			—
CRA investment fund		4,825			4,825		—			—
Loans held for sale, at fair value		1,200			—		1,200			—
Derivatives:
Cash flow hedges		123			—		123			—
Loan level swaps		1,543			—		1,543			—
Total	$	308,254		$	4,825	$	303,429		$	—
Liabilities:
Derivatives:
Cash flow hedges	$	(867	)		—		(867	)		—
Loan level swaps		(1,543	)		—		(1,543	)		—
Total	$	(2,410	)	$	—	$	(2,410	)	$	—

Schedule of residential loans held for sale

(In thousands)	March 31, 2017		December 31, 2016
Residential loans contractual balance	$	—	$	1,181
Fair value adjustment		—		19
Total fair value of residential loans held for sale	$	—	$	1,200

Schedule of assets measured at fair value on a non- recurring basis

Assets Measured on a Non-Recurring Basis

			Fair Value Measurements Using
			Quoted
			Prices in
			Active
			Markets		Significant
			For		Other		Significant observable
			Identical		Observable		Unobservable
	March 31,		Assets		Inputs		Inputs
(In thousands)	2017		(Level 1)		(Level 2)		(Level 3)
Assets:
Impaired loans:
Primary residential mortgage	$	2,210	$	—	$	—	$	2,210
Investment commercial real estate		245		—		—		245
	December 31,
(In thousands)	2016
Assets:
Impaired loans:
Investment commercial real estate	$	245	$	—	$	—	$	245

Schedule of carrying amounts and estimated fair values of financial instruments

The carrying amounts and estimated fair values of financial instruments at March 31, 2017 are as follows:

			Fair Value Measurements at March 31, 2017 using
	Carrying
(In thousands)	Amount		Level 1		Level 2		Level 3		Total
Financial assets
Cash and cash equivalents	$	118,964	$	118,964	$	—	$	—	$	118,964
Securities available for sale		300,232		4,824		295,408		—		300,232
FHLB and FRB stock		15,436		—		—		—		N/A
Loans held for sale, at lower of cost
or fair value		128		—		141		—		141
Loans, net of allowance for loan losses		3,406,040		—		—		3,386,151		3,386,151
Accrued interest receivable		6,823		—		1,034		5,789		6,823
Cash flow hedges		348		—		348		—		348
Loan level swaps		2,869		—		2,869		—		2,869
Financial liabilities
Deposits	$	3,430,644	$	2,895,903	$	533,352	$	—	$	3,429,255
Overnight borrowings		34,550		—		34,550		—		34,550
Federal home loan bank advances		58,795		—		59,141		—		59,141
Subordinated debt		48,796		—		—		48,798		48,798
Accrued interest payable		1,755		178		827		750		1,755
Cash flow hedge		227		—		227		—		227
Loan level swap		2,869		—		2,869		—		2,869

The carrying amounts and estimated fair values of financial instruments at December 31, 2016 are as follows:

			Fair Value Measurements at December 31, 2016 using
	Carrying
(In thousands)	Amount		Level 1		Level 2		Level 3		Total
Financial assets
Cash and cash equivalents	$	162,691	$	162,691	$	—	$	—	$	162,691
Securities available for sale		305,388		4,825		300,563		—		305,388
FHLB and FRB stock		13,813		—		—		—		N/A
Loans held for sale, at fair value		1,200		—		1,200		—		1,200
Loans held for sale, at lower of cost
or fair value		388		—		428		—		428
Loans, net of allowance for loan losses		3,279,936		—		—		3,256,837		3,256,837
Accrued interest receivable		8,153		—		899		7,254		8,153
Cash flow Hedges		123		—		123		—		123
Loan level swaps		1,543		—		1,543		—		1,543
Financial liabilities
Deposits	$	3,411,837	$	2,861,116	$	549,332	$	—	$	3,410,448
Federal home loan bank advances		61,795		—		62,286		—		62,286
Subordinated debt		48,764		—		—		48,768		48,768
Accrued interest payable		1,127		161		966		—		1,127
Cash flow hedges		867		—		867		—		867
Loan level swaps		1,543		—		1,543		—		1,543