FAIR VALUE (Tables)

6 Months Ended

Jun. 30, 2019

FAIR VALUE.

Schedule of assets and liabilities measured on a recurring basis

	June 30, 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	$	14,963		$	14,963
State and municipal obligations		28,748			28,748
U.S. GSE residential mortgage-backed securities		93,257			93,257
U.S. GSE residential collateralized mortgage obligations		333,784			333,784
U.S. GSE commercial mortgage-backed securities		7,051			7,051
U.S. GSE commercial collateralized mortgage obligations		98,397			98,397
Other asset-backed securities		23,462			23,462
Corporate bonds		43,235			43,235
Total available for sale securities	$	642,897		$	642,897
Derivatives	$	11,919		$	11,919
Financial liabilities:
Derivatives	$	13,594		$	13,594

	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

	June 30, 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)
Loans held for sale	$	12,643		$	12,643
Impaired loans	$	4,791				$	4,791

	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

	June 30, 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	$	71,292	$	71,292	$	—	$	—	$	71,292
Interest-bearing deposits with banks		87,349		87,349		—		—		87,349
Securities available for sale		642,897		—		642,897		—		642,897
Securities restricted		24,104		n/a		n/a		n/a		n/a
Securities held to maturity		144,716		—		145,480		—		145,480
Loans held for sale		12,643		—		12,643		—		12,643
Loans, net		3,398,852		—		—		3,375,662		3,375,662
Derivatives		11,919		—		11,919		—		11,919
Accrued interest receivable		12,397		—		2,532		9,865		12,397
Financial liabilities:
Certificates of deposit		276,921		—		276,929		—		276,929
Demand and other deposits		3,559,655		3,559,655		—		—		3,559,655
FHLB advances		240,000		—		240,206		—		240,206
Repurchase agreements		945		—		945		—		945
Subordinated debentures		78,850		—		80,668		—		80,668
Derivatives		13,594		—		13,594		—		13,594
Accrued interest payable		1,718		—		1,718		—		1,718

	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