Income Taxes (Tables)

12 Months Ended

Dec. 31, 2012

Income Taxes [Abstract]

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

	2012		2011		2010
	(Dollars in Thousands)
Current:
Federal	$	5,506	$	3,818	$	(27	)
State		259		187		198
Subtotal		5,765		4,005		171
Deferred:
Federal		1,085		2,157		(191	)
State		827		1,249		242
Subtotal		1,912		3,406		51
Income tax expense	$	7,677	$	7,411	$	222

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

	2012			2011			2010
	(Dollars in Thousands)
Income before income tax expense	$	25,184		$	21,337		$	7,226
Federal statutory rate		35	%		35	%		34	%
Computed "expected" Federal income tax expense		8,814			7,468			2,457
State tax, net of Federal tax benefit		706			933			291
Bank owned life insurance		(356	)		(363	)		(417	)
Tax-exempt interest and dividends		(1,228	)		(595	)		(75	)
Tax on bank owned life insurance policy surrender gain		—			—			539
Reversal of unrealized tax benefit & interest		—			—			(2,551	)
Bargain gain on Saddle River Valley Bank acquisition		(314	)		—			—
Other, net		55			(32	)		(22	)
Income tax	$	7,677		$	7,411		$	222

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

	2012		2011
	(Dollars in Thousands)
Deferred tax assets:
Impaired assets	$	1,967	$	2,820
Allowance for loan losses		4,040		3,810
Employee benefit plans		64		13
Unrealized losses on securities available-for-sale		—		1,154
Pension actuarial losses		2,473		2,150
Other		454		512
Federal AMT Credits		—		854
NJ NOL		—		373
NJ AMA credits		131		210
Total deferred tax assets	$	9,129	$	11,896
Deferred tax liabilities:
Depreciation	$	294	$	303
Market discount accretion		148		43
Deferred loan costs, net of fees		330		397
Purchase accounting		608		40
Unrealized gains on securities available-for-sale		5,675		—
Total deferred tax liabilities		7,055		783
Net deferred tax asset	$	2,074	$	11,113