FAIR VALUE (Tables)

12 Months Ended

Dec. 31, 2020

FAIR VALUE.

Schedule of assets and liabilities measured on a recurring basis

	December 31, 2020
			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:
State and municipal obligations	$	42,088		$	42,088
U.S. GSE residential mortgage-backed securities		113,235			113,235
U.S. GSE residential collateralized mortgage obligations		128,804			128,804
U.S. GSE commercial mortgage-backed securities		24,807			24,807
U.S. GSE commercial collateralized mortgage obligations		62,336			62,336
Other asset-backed securities		23,950			23,950
Corporate bonds		55,140			55,140
Total available for sale securities	$	450,360		$	450,360
Derivatives	$	49,662		$	49,662
Financial liabilities:
Derivatives	$	56,417		$	56,417

	December 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. Treasury securities	$	50,822		$	50,822
U.S. GSE securities		4,995			4,995
State and municipal obligations		34,964			34,964
U.S. GSE residential mortgage-backed securities		84,691			84,691
U.S. GSE residential collateralized mortgage obligations		277,851			277,851
U.S. GSE commercial mortgage-backed securities		13,609			13,609
U.S. GSE commercial collateralized mortgage obligations		104,156			104,156
Other asset-backed securities		23,401			23,401
Corporate bonds		43,802			43,802
Total available for sale securities	$	638,291		$	638,291
Derivatives	$	15,437		$	15,437
Financial liabilities:
Derivatives	$	16,645		$	16,645

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

	December 31, 2020
				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	$	52,785	$	42,785		$	10,000
Individually evaluated loans	$	2,940				$	2,940

	December 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)
Loans held for sale	$	12,643			$	12,643
Impaired loans	$	6,981			$	6,981

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

	December 31, 2020
			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	$	107,729	$	107,729	$	—	$	—	$	107,729
Interest-bearing deposits with banks		769,099		769,099		—		—		769,099
Securities available for sale		450,360		—		450,360		—		450,360
Securities restricted		23,362		n/a		n/a		n/a		n/a
Securities held to maturity		85,700		—		89,325		—		89,325
Loans held for sale		52,785		42,785		—		10,000		52,785
Loans, net		4,553,203		—		—		4,554,333		4,554,333
Derivatives		49,662		—		49,662		—		49,662
Accrued interest receivable		16,566		—		1,421		15,145		16,566
Financial liabilities:
Certificates of deposit		288,445		—		290,971		—		290,971
Demand and other deposits		5,200,808		5,200,808		—		—		5,200,808
FHLB advances		215,000		—		221,665		—		221,665
Repurchase agreements		1,223		—		1,223		—		1,223
Subordinated debentures		79,059		—		86,704		—		86,704
Derivatives		56,417		—		56,417		—		56,417
Accrued interest payable		881		—		881		—		881

	December 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	$	77,693	$	77,693	$	—	$	—	$	77,693
Interest-bearing deposits with banks		39,501		39,501		—		—		39,501
Securities available for sale		638,291		—		638,291		—		638,291
Securities restricted		32,879		n/a		n/a		n/a		n/a
Securities held to maturity		133,638		—		135,027		—		135,027
Loans held for sale		12,643		—		—		12,643		12,643
Loans, net		3,647,499		—		—		3,685,770		3,685,770
Derivatives		15,437		—		15,437		—		15,437
Accrued interest receivable		10,908		—		2,181		8,727		10,908
Financial liabilities:
Certificates of deposit		307,977		—		308,660		—		308,660
Demand and other deposits		3,506,670		3,506,670		—		—		3,506,670
FHLB advances		435,000		195,000		239,622		—		434,622
Repurchase agreements		999		—		999		—		999
Subordinated debentures		78,920		—		81,010		—		81,010
Derivatives		16,645		—		16,645		—		16,645
Accrued interest payable		1,467		—		1,467		—		1,467