DERIVATIVES (Tables)

3 Months Ended

Mar. 31, 2017

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 March 31, 2017 and December 31, 2016 is presented in the following table:

(Dollars in thousands)	March 31, 2017			December 31, 2016
Notional amount	$	180,000		$	180,000
Weighted average pay rate		1.64	%		1.64	%
Weighted average receive rate		0.83	%		0.58	%
Weighted average maturity		3.00	years		3.25	years
Unrealized gain/(loss), net	$	121		$	(744	)
Number of contracts		9			9

Information about these swaps is as follows:

(Dollars in thousands)	March 31, 2017			December 31, 2016
Notional amount	$	155,853		$	126,810
Fair value	$	2,869		$	1,543
Weighted average pay rates		3.88	%		3.75	%
Weighted average receive rates		2.83	%		2.65	%
Weighted average maturity		9.1	years		9.4	years
Number of contracts		19			14

Schedule of Net Gains/(Losses)

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 March 31, 2017 (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	$	512	$	—	$	—

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 March 31, 2016:

						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	$	(2,260	)	$	—	$	—

Schedule of Notional Amount and Fair Value

The following tables reflect the cash flow hedges included in the financial statements as of March 31, 2017 and December 31, 2016:

	March 31, 2017
	Notional		Fair
(In thousands)	Amount		Value
Interest rate swaps related to interest-bearing
demand brokered deposits	$	180,000	$	121
Total included in other assets	$	85,000	$	348
Total included in other liabilities	$	95,000	$	(227	)

	December 31, 2016
	Notional		Fair
(In thousands)	Amount		Value
Interest rate swaps related to interest-bearing
demand brokered deposits	$	180,000	$	(744	)
Total included in other assets	$	30,000	$	123
Total included in other liabilities	$	150,000	$	(867	)