FAIR VALUE (Tables)

3 Months Ended

Mar. 31, 2019

FAIR VALUE.

Schedule of assets and liabilities measured on a recurring basis

	March 31, 2019
			Fair Value Measurements Using:
			Quoted Prices
			In Active	Significant
			Markets for	Other		Significant
			Identical	Observable		Unobservable
	Carrying		Assets	Inputs		Inputs
(In thousands)	Value		(Level 1)	(Level 2)		(Level 3)
Financial assets:
Available for sale securities:
U.S. GSE securities	$	39,475		$	39,475
State and municipal obligations		43,165			43,165
U.S. GSE residential mortgage-backed securities		96,612			96,612
U.S. GSE residential collateralized mortgage obligations		364,936			364,936
U.S. GSE commercial mortgage-backed securities		7,055			7,055
U.S. GSE commercial collateralized mortgage obligations		90,403			90,403
Other asset-backed securities		23,098			23,098
Corporate bonds		42,707			42,707
Total available for sale securities	$	707,451		$	707,451
Derivatives	$	7,663		$	7,663
Financial liabilities:
Derivatives	$	5,772		$	5,772

	December 31, 2018
			Fair Value Measurements Using:
			Quoted Prices
			In Active	Significant
			Markets for	Other		Significant
			Identical	Observable		Unobservable
	Carrying		Assets	Inputs		Inputs
(In thousands)	Value		(Level 1)	(Level 2)		(Level 3)
Financial assets:
Available for sale securities:
U.S. GSE securities	$	29,050		$	29,050
State and municipal obligations		40,731			40,731
U.S. GSE residential mortgage-backed securities		93,538			93,538
U.S. GSE residential collateralized mortgage obligations		357,777			357,777
U.S. GSE commercial mortgage-backed securities		3,508			3,508
U.S. GSE commercial collateralized mortgage obligations		90,638			90,638
Other asset-backed securities		23,219			23,219
Corporate bonds		42,425			42,425
Total available for sale securities	$	680,886		$	680,886
Derivatives	$	6,363		$	6,363
Financial liabilities:
Derivatives	$	2,215		$	2,215

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

	March 31, 2019
			Fair Value Measurements Using:
			Quoted Prices
			In Active	Significant
			Markets for	Other	Significant
			Identical	Observable	Unobservable
	Carrying		Assets	Inputs	Inputs
(In thousands)	Value		(Level 1)	(Level 2)	(Level 3)
Impaired loans	$	3,960			$	3,960
Other real estate owned	$	175			$	175

	December 31, 2018
			Fair Value Measurements Using:
			Quoted Prices
			In Active	Significant
			Markets for	Other	Significant
			Identical	Observable	Unobservable
	Carrying		Assets	Inputs	Inputs
(In thousands)	Value		(Level 1)	(Level 2)	(Level 3)
Impaired loans	$	2,532			$	2,532
Other real estate owned	$	175			$	175

Schedule of estimated fair values and recorded carrying values of financial instruments

	March 31, 2019
			Fair Value Measurements Using:
					Significant
			Quoted Prices In		Other		Significant
			Active Markets for		Observable		Unobservable
	Carrying		Identical Assets		Inputs		Inputs		Total
(In thousands)	Amount		(Level 1)		(Level 2)		(Level 3)		Fair Value
Financial assets:
Cash and due from banks	$	68,773	$	68,773	$	—	$	—	$	68,773
Interest-bearing deposits with banks		31,684		31,684		—		—		31,684
Securities available for sale		707,451		—		707,451		—		707,451
Securities restricted		28,068		n/a		n/a		n/a		n/a
Securities held to maturity		149,512		—		147,633		—		147,633
Loans, net		3,359,320		—		—		3,346,699		3,346,699
Derivatives		7,663		—		7,663		—		7,663
Accrued interest receivable		13,057		—		2,980		10,077		13,057
Financial liabilities:
Certificates of deposit		280,709		—		279,236		—		279,236
Demand and other deposits		3,444,755		3,444,755		—		—		3,444,755
FHLB advances		330,217		90,000		237,499		—		327,499
Repurchase agreements		721		—		721		—		721
Subordinated debentures		78,815		—		78,058		—		78,058
Derivatives		5,772		—		5,772		—		5,772
Accrued interest payable		590		—		590		—		590

	December 31, 2018
			Fair Value Measurements Using:
					Significant
			Quoted Prices In		Other		Significant
			Active Markets for		Observable		Unobservable
	Carrying		Identical Assets		Inputs		Inputs		Total
(In thousands)	Amount		(Level 1)		(Level 2)		(Level 3)		Fair Value
Financial assets:
Cash and due from banks	$	142,145	$	142,145	$	—	$	—	$	142,145
Interest-bearing deposits with banks		153,223		153,223		—		—		153,223
Securities available for sale		680,886		—		680,886		—		680,886
Securities restricted		24,028		n/a		n/a		n/a		n/a
Securities held to maturity		160,163		—		156,792		—		156,792
Loans, net		3,244,393		—		—		3,216,204		3,216,204
Derivatives		6,363		—		6,363		—		6,363
Accrued interest receivable		11,236		—		2,936		8,300		11,236
Financial liabilities:
Certificates of deposit		329,491		—		326,865		—		326,865
Demand and other deposits		3,556,902		3,556,902		—		—		3,556,902
FHLB advances		240,433		—		236,209		—		236,209
Repurchase agreements		539		—		539		—		539
Subordinated debentures		78,781		—		74,400		—		74,400
Derivatives		2,215		—		2,215		—		2,215
Accrued interest payable		1,524		—		1,524		—		1,524