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LOANS AND ALLOWANCE FOR LOAN LOSSES (Tables)
 3 Months Ended
Mar. 31, 2015
Loans and Leases Receivable Disclosure [Abstract]  
Composition of Loan Portfolio, Excluding Residential Loans Held for Sale
The composition of the Company’s loan portfolio, excluding residential loans held for sale, at March 31, 2015 and December 31, 2014 was as follows:   
 
March 31,
2015
 
December 31,
2014
Residential real estate
$
585,008

 
$
585,996

Commercial real estate
657,461

 
640,661

Commercial
257,763

 
257,515

Home equity
274,784

 
271,709

Consumer
16,599

 
17,257

Deferred fees, net of costs
(535
)
 
(528
)
Total
$
1,791,080

 
$
1,772,610
Summary of Activity in Allowance for Loan Losses
The following table presents the activity in the ALL and select loan information by portfolio segment for the three months ended March 31, 2015 and 2014, and for the year ended December 31, 2014: 
 
Residential 
Real Estate
 
Commercial 
Real Estate
 
Commercial
 
Home
Equity
 
Consumer
 
Unallocated
 
Total
For The Three Months Ended
March 31, 2015
 
 
 
 
 
 
 
 
 
 
 
 
 
ALL:
 

 
 

 
 

 
 

 
 

 
 

 
 

Beginning balance
$
4,899

 
$
4,482

 
$
6,823

 
$
2,247

 
$
281

 
$
2,384

 
$
21,116

Loans charged off
(113
)
 
(55
)
 
(159
)
 
(89
)
 
(8
)
 
—

 
(424
)
Recoveries
3

 
10

 
104

 
5

 
11

 
—

 
133

Provision (reduction)
46

 
324

 
132

 
84

 
(14
)
 
(132
)
 
440

Ending balance
$
4,835

 
$
4,761

 
$
6,900

 
$
2,247

 
$
270

 
$
2,252

 
$
21,265

ALL balance attributable to loans:
 

 
 

 
 

 
 

 
 

 
 

 
 

Individually evaluated for impairment
$
1,103

 
$
278

 
$
264

 
$
488

 
$
100

 
$
—

 
$
2,233

Collectively evaluated for impairment
3,732

 
4,483

 
6,636

 
1,759

 
170

 
2,252

 
19,032

Total ending ALL
$
4,835

 
$
4,761

 
$
6,900

 
$
2,247

 
$
270

 
$
2,252

 
$
21,265

Loans:
 

 
 

 
 

 
 

 
 

 
 

 
 

Individually evaluated for impairment
$
9,103

 
$
4,696

 
$
1,790

 
$
1,689

 
$
253

 
$
—

 
$
17,531

Collectively evaluated for impairment
575,370

 
652,765

 
255,973

 
273,095

 
16,346

 
—

 
1,773,549

Total ending loans balance
$
584,473

 
$
657,461

 
$
257,763

 
$
274,784

 
$
16,599

 
$
—

 
$
1,791,080

For The Three Months Ended
March 31, 2014
 
 
 
 
 
 
 
 
 
 
 
 
 
ALL:
 

 
 

 
 

 
 

 
 

 
 

 
 

Beginning balance
$
5,603

 
$
4,374

 
$
6,220

 
$
2,403

 
$
319

 
$
2,671

 
$
21,590

Loans charged off
(183
)
 
(171
)
 
(219
)
 
(62
)
 
(14
)
 
—

 
(649
)
Recoveries
92

 
39

 
96

 
3

 
7

 
—

 
237

Provision (reduction)
(101
)
 
286

 
195

 
329

 
(2
)
 
(215
)
 
492

Ending balance
$
5,411

 
$
4,528

 
$
6,292

 
$
2,673

 
$
310

 
$
2,456

 
$
21,670

ALL balance attributable to loans:
 

 
 

 
 

 
 

 
 

 
 

 
 

Individually evaluated for impairment
$
1,628

 
$
557

 
$
177

 
$
754

 
$
141

 
$
—

 
$
3,257

Collectively evaluated for impairment
3,783

 
3,971

 
6,115

 
1,919

 
169

 
2,456

 
18,413

Total ending ALL
$
5,411

 
$
4,528

 
$
6,292

 
$
2,673

 
$
310

 
$
2,456

 
$
21,670

Loans:
 

 
 

 
 

 
 

 
 

 
 

 
 

Individually evaluated for impairment
$
13,041

 
$
9,339

 
$
2,372

 
$
2,011

 
$
446

 
$
—

 
$
27,209

Collectively evaluated for impairment
554,702

 
565,356

 
188,699

 
267,900

 
16,320

 
—

 
1,592,977

Total ending loans balance
$
567,743

 
$
574,695

 
$
191,071

 
$
269,911

 
$
16,766

 
$
—

 
$
1,620,186

For The Year Ended
December 31, 2014
 
 
 
 
 
 
 
 
 
 
 
 
 
ALL:
 

 
 

 
 

 
 

 
 

 
 

 
 

Beginning balance
$
5,603

 
$
4,374

 
$
6,220

 
$
2,403

 
$
319

 
$
2,671

 
$
21,590

Loans charged off
(785
)
 
(361
)
 
(1,544
)
 
(611
)
 
(143
)
 
—

 
(3,444
)
Recoveries
165

 
135

 
395

 
19

 
32

 
—

 
746

Provision (reduction)
(84
)
 
334

 
1,752

 
436

 
73

 
(287
)
 
2,224

Ending balance
$
4,899

 
$
4,482

 
$
6,823

 
$
2,247

 
$
281

 
$
2,384

 
$
21,116

ALL balance attributable to loans:
 

 
 

 
 

 
 

 
 

 
 

 
 

Individually evaluated for impairment
$
1,220

 
$
251

 
$
168

 
$
496

 
$
104

 
$
—

 
$
2,239

Collectively evaluated for impairment
3,679

 
4,231

 
6,655

 
1,751

 
177

 
2,384

 
18,877

Total ending ALL
$
4,899

 
$
4,482

 
$
6,823

 
$
2,247

 
$
281

 
$
2,384

 
$
21,116

Loans:
 

 
 

 
 

 
 

 
 

 
 

 
 

Individually evaluated for impairment
$
9,656

 
$
7,658

 
$
1,853

 
$
1,741

 
$
271

 
$
—

 
$
21,179

Collectively evaluated for impairment
575,812

 
633,003

 
255,662

 
269,968

 
16,986

 
—

 
1,751,431

Total ending loans balance
$
585,468

 
$
640,661

 
$
257,515

 
$
271,709

 
$
17,257

 
$
—

 
$
1,772,610

 
Credit Risk Exposure Indicators by Portfolio Segment
The following table summarizes credit risk exposure indicators by portfolio segment as of the following dates:
 
Residential 
Real Estate
 
Commercial 
Real Estate
 
Commercial
 
Home
Equity
 
Consumer
 
Total
March 31, 2015
 

 
 

 
 

 
 

 
 

 
 
Pass (Grades 1-6)
$
572,006

 
$
621,799

 
$
245,990

 
$
—

 
$
—

 
$
1,439,795

Performing
—

 
—

 
—

 
273,095

 
16,346

 
289,441

Special Mention (Grade 7)
3,416

 
8,022

 
5,588

 
—

 
—

 
17,026

Substandard (Grade 8)
9,051

 
27,640

 
6,185

 
—

 
—

 
42,876

Non-performing
—

 
—

 
—

 
1,689

 
253

 
1,942

Total
$
584,473

 
$
657,461

 
$
257,763

 
$
274,784

 
$
16,599

 
$
1,791,080

December 31, 2014
 

 
 

 
 

 
 

 
 

 
 
Pass (Grades 1-6)
$
572,589

 
$
606,387

 
$
244,930

 
$
—

 
$
—

 
$
1,423,906

Performing
—

 
—

 
—

 
269,968

 
16,986

 
286,954

Special Mention (Grade 7)
3,579

 
4,690

 
6,023

 
—

 
—

 
14,292

Substandard (Grade 8)
9,300

 
29,584

 
6,562

 
—

 
—

 
45,446

Non-performing
—

 
—

 
—

 
1,741

 
271

 
2,012

Total
$
585,468

 
$
640,661

 
$
257,515

 
$
271,709

 
$
17,257

 
$
1,772,610
Loan Aging Analysis by Portfolio Segment (Including Loans Past Due Over Ninety Days and Non Accrual Loans) and Summary of Non Accrual Loans, Which Include Troubled Debt Restructured Loans, and Loans Past Due Over Ninety Days and Accruing
The following is a loan aging analysis by portfolio segment (including loans past due over 90 days and non-accrual loans) and a summary of non-accrual loans, which include TDRs, and loans past due over 90 days and accruing as of the following dates:
 
30-59 Days
Past Due
 
60-89 Days
Past Due
 
Greater
than
90 Days
 
Total
Past Due
 
Current
 
Total Loans
Outstanding
 
Loans > 90
Days Past
Due and
Accruing
 
Non-Accrual
Loans
March 31, 2015
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Residential real estate
$
934

 
$
288

 
$
4,197

 
$
5,419

 
$
579,054

 
$
584,473

 
$
—

 
$
5,630

Commercial real estate
1,133

 
784

 
1,633

 
3,550

 
653,911

 
657,461

 
—

 
4,083

Commercial
142

 
2

 
1,253

 
1,397

 
256,366

 
257,763

 
—

 
1,442

Home equity
684

 
354

 
1,052

 
2,090

 
272,694

 
274,784

 
—

 
1,689

Consumer
54

 
2

 
251

 
307

 
16,292

 
16,599

 
—

 
253

Total
$
2,947

 
$
1,430

 
$
8,386

 
$
12,763

 
$
1,778,317

 
$
1,791,080

 
$
—

 
$
13,097

December 31, 2014
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Residential real estate
$
1,206

 
$
426

 
$
4,531

 
$
6,163

 
$
579,305

 
$
585,468

 
$
—

 
$
6,056

Commercial real estate
1,696

 
—

 
3,791

 
5,487

 
635,174

 
640,661

 
—

 
7,043

Commercial
456

 
269

 
1,139

 
1,864

 
255,651

 
257,515

 
—

 
1,529

Home equity
889

 
88

 
1,129

 
2,106

 
269,603

 
271,709

 
—

 
1,741

Consumer
28

 
—

 
254

 
282

 
16,975

 
17,257

 
—

 
271

Total
$
4,275

 
$
783

 
$
10,844

 
$
15,902

 
$
1,756,708

 
$
1,772,610

 
$
—

 
$
16,640
Troubled Debt Restructuring and Specific Reserve Related to TDRs [Table Text Block]
The following is a summary of TDRs, by portfolio segment, and the associated specific reserve included within the ALL as of:
 
 
Number of Contracts
 
Recorded Investment
 
Specific Reserve
 
 
March 31, 2015
 
December 31, 2014
 
March 31, 2015
 
December 31, 2014
 
March 31, 2015
 
December 31, 2014
Residential real estate
 
23

 
24

 
$
3,659

 
$
3,786

 
$
591

 
$
635

Commercial real estate
 
7

 
7

 
1,684

 
1,702

 
—

 
—

Commercial
 
9

 
9

 
429

 
426

 
13

 
10

Consumer and home equity
 
1

 
1

 
28

 
29

 
—

 
—

Total
 
40

 
41

 
$
5,800

 
$
5,943

 
$
604

 
$
645
Summary of All Troubled Debt Restructuring Loans (Accruing and Non Accruing) by Portfolio Segment
The following represents loan modifications that occurred during the three months ended March 31, 2015 and 2014 that qualify as TDRs, by portfolio segment, and the associated specific reserve included within the ALL:
 
 
Number of Contracts
 
Pre-Modification
Outstanding
Recorded Investment
 
Post-Modification
Outstanding
Recorded Investment
 
Specific Reserve
 
 
March 31, 2015
 
March 31, 2014
 
March 31, 2015
 
March 31, 2014
 
March 31, 2015
 
March 31, 2014
 
March 31, 2015
 
March 31, 2014
Residential real estate
 
—

 
1

 
$
—

 
$
136

 
$
—

 
$
149

 
$
—

 
$
45

Total
 
—

 
1

 
$
—

 
$
136

 
$
—

 
$
149

 
$
—

 
$
45
Summary of Impaired Loan Balances and Associated Allowance by Portfolio Segment
The following is a summary of impaired loan balances and associated allowance by portfolio segment as of and for the three months ended March 31, 2015 and 2014:
 
 
 
 
 
 
 
Three Months Ended
 
Recorded
Investment
 
Unpaid
Principal
Balance
 
Related
Allowance
 
Average
Recorded
Investment
 
Interest
Income
Recognized
March 31, 2015:
 
 
 
 
 
 
 
 
 
With an allowance recorded:
 

 
 

 
 

 
 

 
 

Residential real estate
$
7,338

 
$
7,338

 
$
1,103

 
$
7,520

 
$
29

Commercial real estate
2,256

 
2,265

 
278

 
2,446

 
—

Commercial
1,200

 
1,200

 
264

 
1,533

 
—

Home equity
1,387

 
1,387

 
488

 
1,410

 
—

Consumer
237

 
237

 
100

 
248

 
—

Ending Balance
12,418

 
12,427

 
2,233

 
13,157

 
29

Without an allowance recorded:
 

 
 

 
 

 
 

 
 

Residential real estate
1,765

 
2,289

 
—

 
2,253

 
2

Commercial real estate
2,440

 
2,748

 
—

 
3,264

 
8

Commercial
590

 
754

 
—

 
428

 
4

Home equity
302

 
505

 
—

 
303

 
—

Consumer
16

 
37

 
—

 
17

 
—

Ending Balance
5,113

 
6,333

 
—

 
6,265

 
14

Total impaired loans
$
17,531

 
$
18,760

 
$
2,233

 
$
19,422

 
$
43

March 31, 2014:
 
 
 
 
 
 
 
 
 
With an allowance recorded:
 

 
 

 
 

 
 

 
 

Residential real estate
$
10,091

 
$
10,091

 
$
1,628

 
$
10,894

 
$
29

Commercial real estate
7,845

 
7,844

 
557

 
7,252

 
5

Commercial
1,980

 
1,980

 
177

 
1,963

 
5

Home equity
1,593

 
1,593

 
754

 
1,557

 
—

Consumer
429

 
430

 
141

 
427

 
—

Ending Balance
21,938

 
21,938

 
3,257

 
22,093

 
39

Without an allowance recorded:
 

 
 

 
 

 
 

 
 

Residential real estate
2,950

 
3,371

 
—

 
2,345

 
5

Commercial real estate
1,494

 
2,088

 
—

 
1,735

 
10

Commercial
392

 
484

 
—

 
569

 
1

Home equity
418

 
594

 
—

 
418

 
—

Consumer
17

 
37

 
—

 
17

 
—

Ending Balance
5,271

 
6,574

 
—

 
5,084

 
16

Total impaired loans
$
27,209

 
$
28,512

 
$
3,257

 
$
27,177

 
$
55


The following is a summary of impaired loan balances and associated allowance by portfolio segment as of and for the year ended December 31, 2014:
 
 
 
 
 
 
 
Year Ended
 
Recorded
Investment
 
Unpaid
Principal
Balance
 
Related
Allowance
 
Average
Recorded
Investment
 
Interest
Income
Recognized
With an allowance recorded:
 
 
 

 
 

 
 

 
 

Residential real estate
$
7,713

 
$
7,713

 
$
1,220

 
$
9,524

 
$
125

Commercial real estate
3,419

 
3,419

 
251

 
4,911

 
—

Commercial
1,390

 
1,390

 
168

 
2,466

 
8

Home equity
1,410

 
1,410

 
496

 
1,545

 
—

Consumer
254

 
254

 
104

 
358

 
—

Ending Balance
14,186

 
14,186

 
2,239

 
18,804

 
133

Without an allowance recorded:
  

 
  

 
  

 
  

 
  

Residential real estate
1,943

 
2,604

 
—

 
2,257

 
13

Commercial real estate
4,239

 
4,502

 
—

 
2,869

 
59

Commercial
463

 
606

 
—

 
791

 
11

Home equity
331

 
581

 
—

 
399

 
—

Consumer
17

 
37

 
—

 
21

 
—

Ending Balance
6,993

 
8,330

 
—

 
6,337

 
83

Total impaired loans
$
21,179

 
$
22,516

 
$
2,239

 
$
25,141

 
$
216