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LOANS AND ALLOWANCE FOR LOAN LOSSES (Tables)
 9 Months Ended
Sep. 30, 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 September 30, 2015 and December 31, 2014 was as follows:   
 
September 30,
2015
 
December 31,
2014
Residential real estate
$
583,424

 
$
585,996

Commercial real estate
690,935

 
640,661

Commercial
258,105

 
257,515

Home equity
281,492

 
271,709

Consumer
16,535

 
17,257

Net deferred fees
(348
)
 
(528
)
Total
$
1,830,143

 
$
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 and nine months ended September 30, 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 and Nine Months Ended
September 30, 2015
 
 
 
 
 
 
 
 
 
 
 
 
 
ALL for the three months ended:
 

 
 

 
 

 
 

 
 

 
 

 
 

Beginning balance
$
4,689

 
$
4,698

 
$
6,777

 
$
2,144

 
$
268

 
$
2,618

 
$
21,194

Loans charged off
(176
)
 
(71
)
 
(144
)
 
(198
)
 
(23
)
 
—

 
(612
)
Recoveries
15

 
4

 
115

 
132

 
3

 
—

 
269

Provision (credit)(1)
4

 
661

 
85

 
(6
)
 
13

 
(476
)
 
281

Ending balance
$
4,532

 
$
5,292

 
$
6,833

 
$
2,072

 
$
261

 
$
2,142

 
$
21,132

ALL for the nine months ended:
 
 
 
 
 
 
 
 
 
 
 
 
 
Beginning balance
$
4,899

 
$
4,482

 
$
6,823

 
$
2,247

 
$
281

 
$
2,384

 
$
21,116

Loans charged off
(468
)
 
(174
)
 
(387
)
 
(439
)
 
(42
)
 
—

 
(1,510
)
Recoveries
35

 
68

 
297

 
137

 
17

 
—

 
554

Provision (credit)(1)
66

 
916

 
100

 
127

 
5

 
(242
)
 
972

Ending balance
$
4,532

 
$
5,292

 
$
6,833

 
$
2,072

 
$
261

 
$
2,142

 
$
21,132

ALL balance attributable to loans:
 

 
 

 
 

 
 

 
 

 
 

 
 

Individually evaluated for impairment
$
956

 
$
352

 
$
192

 
$
276

 
$
89

 
$
—

 
$
1,865

Collectively evaluated for impairment
3,576

 
4,940

 
6,641

 
1,796

 
172

 
2,142

 
19,267

Total ending ALL
$
4,532

 
$
5,292

 
$
6,833

 
$
2,072

 
$
261

 
$
2,142

 
$
21,132

Loans:
 

 
 

 
 

 
 

 
 

 
 

 
 

Individually evaluated for impairment
$
7,499

 
$
4,711

 
$
1,720

 
$
1,037

 
$
206

 
$
—

 
$
15,173

Collectively evaluated for impairment
575,577

 
686,224

 
256,385

 
280,455

 
16,329

 
—

 
1,814,970

Total ending loans balance
$
583,076

 
$
690,935

 
$
258,105

 
$
281,492

 
$
16,535

 
$
—

 
$
1,830,143

 
Residential 
Real Estate
 
Commercial 
Real Estate
 
Commercial
 
Home
Equity
 
Consumer
 
Unallocated
 
Total
For The Three and Nine Months Ended
September 30, 2014
 
 
 
 
 
 
 
 
 
 
 
 
 
ALL for the three months ended:
 
 
 
 
 
 
 
 
 
 
 
 
 
Beginning balance
$
5,141

 
$
4,361

 
$
6,484

 
$
2,752

 
$
318

 
$
2,849

 
$
21,905

Loans charged off
(9
)
 
(100
)
 
(675
)
 
(166
)
 
(59
)
 
—

 
(1,009
)
Recoveries
2

 
17

 
117

 
8

 
11

 
—

 
155

Provision (credit)(1)
122

 
82

 
35

 
(63
)
 
23

 
335

 
534

Ending balance
$
5,256

 
$
4,360

 
$
5,961

 
$
2,531

 
$
293

 
$
3,184

 
$
21,585

ALL for the nine months ended:
 
 
 
 
 
 
 
 
 
 
 
 
 
Beginning balance
$
5,603

 
$
4,374

 
$
6,220

 
$
2,403

 
$
319

 
$
2,671

 
$
21,590

Loans charged off
(370
)
 
(276
)
 
(1,201
)
 
(272
)
 
(99
)
 
—

 
(2,218
)
Recoveries
136

 
67

 
286

 
19

 
30

 
—

 
538

Provision (credit)(1)
(113
)
 
195

 
656

 
381

 
43

 
513

 
1,675

Ending balance
$
5,256

 
$
4,360

 
$
5,961

 
$
2,531

 
$
293

 
$
3,184

 
$
21,585

ALL balance attributable to loans:
 

 
 

 
 

 
 

 
 

 
 

 
 

Individually evaluated for impairment
$
1,420

 
$
222

 
$
121

 
$
573

 
$
111

 
$
—

 
$
2,447

Collectively evaluated for impairment
3,836

 
4,138

 
5,840

 
1,958

 
182

 
3,184

 
19,138

Total ending ALL
$
5,256

 
$
4,360

 
$
5,961

 
$
2,531

 
$
293

 
$
3,184

 
$
21,585

Loans:
 

 
 

 
 

 
 

 
 

 
 

 
 

Individually evaluated for impairment
$
10,964

 
$
6,710

 
$
3,380

 
$
1,860

 
$
309

 
$
—

 
$
23,223

Collectively evaluated for impairment
566,134

 
606,800

 
242,232

 
269,998

 
17,840

 
—

 
1,703,004

Total ending loans balance
$
577,098

 
$
613,510

 
$
245,612

 
$
271,858

 
$
18,149

 
$
—

 
$
1,726,227

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 (credit)(1)
(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


(1) The provision (credit) for loan losses excludes any impact for the change in the reserve for unfunded commitments, which represents management's estimate of the amount required to reflect the probable inherent losses on outstanding letters of credit and unused lines of credit. The reserve for unfunded commitments is presented within accrued interest and other liabilities on the consolidated statements of condition. At September 30, 2015 and 2014, and December 31, 2014, the reserve for unfunded commitments was $24,000, $21,000 and $17,000, respectively.
Schedule of Provision for Credit Losses [Table Text Block]
The following table reconciles the three and nine months ended September 30, 2015 and 2014, and year ended December 31, 2014 provision for loan losses to the provision for credit losses as presented on the consolidated statement of income:
 
 
Three Months Ended
September 30,
 
Nine Months Ended 
 September 30,
 
Year Ended December 31,
 
 
2015
 
2014
 
2015
 
2014
 
2014
Provision for loan losses
 
$
281

 
$
534

 
$
972

 
$
1,675

 
$
2,224

Change in reserve for unfunded commitments
 
(2
)
 
5

 
7

 
—

 
(4
)
Provision for credit losses
 
$
279

 
$
539

 
$
979

 
$
1,675

 
$
2,220
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
September 30, 2015
 
 

 
 

 
 

 
 

 
 

 
 
Pass (Grades 1-6)
 
$
573,229

 
$
647,831

 
$
247,817

 
$
—

 
$
—

 
$
1,468,877

Performing
 
—

 
—

 
—

 
280,455

 
16,329

 
296,784

Special Mention (Grade 7)
 
2,599

 
12,689

 
5,881

 
—

 
—

 
21,169

Substandard (Grade 8)
 
7,248

 
30,415

 
4,407

 
—

 
—

 
42,070

Non-performing
 
—

 
—

 
—

 
1,037

 
206

 
1,243

Total
 
$
583,076

 
$
690,935

 
$
258,105

 
$
281,492

 
$
16,535

 
$
1,830,143

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
September 30, 2015
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Residential real estate
$
977

 
$
303

 
$
3,199

 
$
4,479

 
$
578,597

 
$
583,076

 
$
—

 
$
4,149

Commercial real estate
1,997

 
64

 
1,964

 
4,025

 
686,910

 
690,935

 
—

 
3,384

Commercial
669

 
51

 
1,107

 
1,827

 
256,278

 
258,105

 
—

 
1,383

Home equity
211

 
35

 
811

 
1,057

 
280,435

 
281,492

 
—

 
1,037

Consumer
55

 
25

 
183

 
263

 
16,272

 
16,535

 
—

 
206

Total
$
3,909

 
$
478

 
$
7,264

 
$
11,651

 
$
1,818,492

 
$
1,830,143

 
$
—

 
$
10,159

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
 
 
September 30,
2015
 
December 31, 2014
 
September 30,
2015
 
December 31, 2014
 
September 30,
2015
 
December 31, 2014
Residential real estate
 
22

 
24

 
$
3,452

 
$
3,786

 
$
568

 
$
635

Commercial real estate
 
6

 
7

 
1,573

 
1,702

 
48

 
—

Commercial
 
9

 
9

 
413

 
426

 
11

 
10

Home equity
 
1

 
1

 
23

 
29

 
—

 
—

Total
 
38

 
41

 
$
5,461

 
$
5,943

 
$
627

 
$
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 and nine months ended September 30, 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
 
 
September 30,
 
September 30,
 
September 30,
 
September 30,
 
 
2015
 
2014
 
2015
 
2014
 
2015
 
2014
 
2015
 
2014
For the Three Months Ended:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential real estate
 
1

 
—

 
$
74

 
$
—

 
$
78

 
$
—

 
$
—

 
$
—

Commercial real estate
 
—

 
1

 
—

 
235

 
—

 
235

 
—

 
—

Commercial
 
—

 
3

 
—

 
77

 
—

 
77

 
—

 
9

Consumer and home equity
 
—

 
1

 
—

 
40

 
—

 
30

 
—

 
—

Total
 
1

 
5

 
$
74

 
$
352

 
$
78

 
$
342

 
$
—

 
$
9

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
For the Nine Months Ended:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential real estate
 
1

 
1

 
$
74

 
$
136

 
$
78

 
$
149

 
$
—

 
$
44

Commercial real estate
 
—

 
1

 
—

 
235

 
—

 
235

 
—

 
—

Commercial
 
—

 
3

 
—

 
77

 
—

 
77

 
—

 
9

Consumer and home equity
 
—

 
1

 
—

 
40

 
—

 
30

 
—

 
—

Total
 
1

 
6

 
$
74

 
$
488

 
$
78

 
$
491

 
$
—

 
$
53
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 and nine months ended September 30, 2015 and 2014:
 
 
 
 
 
 
 
Three Months Ended
 
Nine Months Ended
 
Recorded
Investment
 
Unpaid
Principal
Balance
 
Related
Allowance
 
Average
Recorded
Investment
 
Interest
Income
Recognized(1)
 
Average
Recorded
Investment
 
Interest
Income
Recognized
September 30, 2015:
 
 
 
 
 
 
 
 
 
 
 
 
 
With an allowance recorded:
 

 
 

 
 

 
 

 
 

 
 
 
 
Residential real estate
$
5,880

 
$
5,880

 
$
956

 
$
7,618

 
$
55

 
$
6,963

 
$
82

Commercial real estate
1,442

 
1,475

 
352

 
2,161

 
—

 
1,930

 
—

Commercial
1,016

 
1,016

 
192

 
1,320

 
5

 
1,188

 
6

Home equity
834

 
834

 
276

 
1,410

 
—

 
1,099

 
—

Consumer
189

 
189

 
89

 
248

 
—

 
229

 
—

Ending Balance
9,361

 
9,394

 
1,865

 
12,757

 
60

 
11,409

 
88

Without an allowance recorded:
 

 
 

 
 

 
 

 
 

 
 
 
 
Residential real estate
1,619

 
2,118

 
—

 
1,774

 
4

 
1,607

 
6

Commercial real estate
3,269

 
3,430

 
—

 
3,102

 
18

 
2,735

 
45

Commercial
704

 
876

 
—

 
503

 
4

 
567

 
8

Home equity
203

 
454

 
—

 
303

 
—

 
390

 
—

Consumer
17

 
37

 
—

 
17

 
—

 
17

 
—

Ending Balance
5,812

 
6,915

 
—

 
5,699

 
26

 
5,316

 
59

Total impaired loans
$
15,173

 
$
16,309

 
$
1,865

 
$
18,456

 
$
86

 
$
16,725

 
$
147

September 30, 2014:
 
 
 
 
 
 
 
 
 
 
 
 
 
With an allowance recorded:
 

 
 

 
 

 
 

 
 

 
 
 
 
Residential real estate
$
9,441

 
$
9,441

 
$
1,420

 
$
9,236

 
$
38

 
$
9,928

 
$
102

Commercial real estate
2,987

 
2,987

 
222

 
3,142

 
1

 
5,588

 
2

Commercial
1,562

 
1,562

 
121

 
2,724

 
(2
)
 
2,653

 
8

Home equity
1,510

 
1,510

 
573

 
1,486

 
—

 
1,571

 
—

Consumer
292

 
292

 
111

 
333

 
—

 
392

 
—

Ending Balance
15,792

 
15,792

 
2,447

 
16,921

 
37

 
20,132

 
112

Without an allowance recorded:
 

 
 

 
 

 
 

 
 

 
 
 
 
Residential real estate
1,523

 
1,880

 
—

 
1,751

 
2

 
2,340

 
5

Commercial real estate
3,723

 
4,116

 
—

 
3,490

 
14

 
2,230

 
43

Commercial
1,818

 
2,318

 
—

 
870

 
6

 
609

 
8

Home equity
350

 
477

 
—

 
403

 
—

 
415

 
—

Consumer
17

 
37

 
—

 
17

 
—

 
17

 
—

Ending Balance
7,431

 
8,828

 
—

 
6,531

 
22

 
5,611

 
56

Total impaired loans
$
23,223

 
$
24,620

 
$
2,447

 
$
23,452

 
$
59

 
$
25,743

 
$
168

(1) Negative interest income represents the re-allocation of income between "with an allowance recorded" and "without an allowance recorded" (or vice versa) during the period.
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