LOANS (Tables)

3 Months Ended

Mar. 31, 2018

LOANS

Schedule of the major classifications of loans

(In thousands)	March 31, 2018			December 31, 2017
Commercial real estate mortgage loans	$	1,339,992		$	1,293,906
Multi-family mortgage loans		601,747			595,280
Residential real estate mortgage loans		493,153			464,264
Commercial, industrial and agricultural loans		638,711			616,003
Real estate construction and land loans		104,496			107,759
Installment/consumer loans		19,078			21,041
Total loans		3,197,177			3,098,253
Net deferred loan costs and fees		4,720			4,499
Total loans held for investment		3,201,897			3,102,752
Allowance for loan losses		(32,812	)		(31,707	)
Loans, net	$	3,169,085		$	3,071,045

Schedule of loans by class categorized by internally assigned credit risk grades

	March 31, 2018
(In thousands)	Pass		Special Mention		Substandard		Doubtful		Total
Commercial real estate:
Owner occupied	$	461,080	$	1,822	$	20,293	$	-	$	483,195
Non-owner occupied		844,249		8,019		4,529		-		856,797
Multi-family		601,747		-		-		-		601,747
Residential real estate:
Residential mortgage		421,767		5,902		287		-		427,956
Home equity		63,161		1,240		796		-		65,197
Commercial and industrial:
Secured		89,564		12,907		13,598		-		116,069
Unsecured		502,073		12,459		8,110		-		522,642
Real estate construction and land loans		104,181		-		315		-		104,496
Installment/consumer loans		19,064		14		-		-		19,078
Total loans	$	3,106,886	$	42,363	$	47,928	$	-	$	3,197,177

	December 31, 2017
(In thousands)	Pass		Special Mention		Substandard		Doubtful		Total
Commercial real estate:
Owner occupied	$	451,264	$	1,796	$	19,589	$	-	$	472,649
Non-owner occupied		808,612		8,056		4,589		-		821,257
Multi-family		595,280		-		-		-		595,280
Residential real estate:
Residential mortgage		393,029		4,854		290		-		398,173
Home equity		64,601		698		792		-		66,091
Commercial and industrial:
Secured		86,116		12,637		13,560		-		112,313
Unsecured		485,598		14,553		3,539		-		503,690
Real estate construction and land loans		107,440		-		319		-		107,759
Installment/consumer loans		21,020		16		5		-		21,041
Total loans	$	3,012,960	$	42,610	$	42,683	$	-	$	3,098,253

Schedule of the aging of the recorded investment in past due loans by class of loans

	March 31, 2018
(In thousands)	30-59 Days Past Due		60-89 Days Past Due		>90 Days Past Due and Accruing		Nonaccrual Including 90 Days or More Past Due		Total Past Due and Nonaccrual		Current		Total Loans
Commercial real estate:
Owner occupied	$	1,450	$	-	$	-	$	2,192	$	3,642	$	479,553	$	483,195
Non-owner occupied		-		-		1,143		425		1,568		855,229		856,797
Multi-family		-		-		-		-		-		601,747		601,747
Residential real estate:
Residential mortgages		1,386		-		1,017		393		2,796		425,160		427,956
Home equity		575		-		280		261		1,116		64,081		65,197
Commercial and industrial:
Secured		343		-		225		570		1,138		114,931		116,069
Unsecured		688		47		-		2,078		2,813		519,829		522,642
Real estate construction and land loans		-		-		-		152		152		104,344		104,496
Installment/consumer loans		17		-		-		-		17		19,061		19,078
Total loans	$	4,459	$	47	$	2,665	$	6,071	$	13,242	$	3,183,935	$	3,197,177

	December 31, 2017
(In thousands)	30-59 Days Past Due		60-89 Days Past Due		>90 Days Past Due and Accruing		Nonaccrual Including 90 Days or More Past Due		Total Past Due and Nonaccrual		Current		Total Loans
Commercial real estate:
Owner occupied	$	284	$	-	$	175	$	2,205	$	2,664	$	469,985	$	472,649
Non-owner occupied		-		-		1,163		-		1,163		820,094		821,257
Multi-family		-		-		-		-		-		595,280		595,280
Residential real estate:
Residential mortgages		2,074		398		-		401		2,873		395,300		398,173
Home equity		329		-		271		161		761		65,330		66,091
Commercial and industrial:
Secured		113		41		225		570		949		111,364		112,313
Unsecured		18		35		-		3,618		3,671		500,019		503,690
Real estate construction and land loans		-		281		-		-		281		107,478		107,759
Installment/consumer loans		36		5		-		-		41		21,000		21,041
Total loans	$	2,854	$	760	$	1,834	$	6,955	$	12,403	$	3,085,850	$	3,098,253

Schedule of individually impaired loans by class

	March 31, 2018						Three Months Ended  March 31, 2018
(In thousands)	Recorded Investment		Unpaid  Principal  Balance		Related  Allocated  Allowance		Average  Recorded  Investment		Interest  Income  Recognized
With no related allowance recorded:
Commercial real estate:
Owner occupied	$	2,073	$	2,073	$	-	$	2,073	$	-
Non-owner occupied		9,243		9,243		-		8,973		76
Residential real estate:
Residential mortgages		-		-		-		-		-
Home equity		100		100		-		100		-
Commercial and industrial:
Secured		8,727		9,373		-		8,744		56
Unsecured		5,203		5,203		-		4,932		37
Total with no related allowance recorded	$	25,346	$	25,992	$	-	$	24,822	$	169
With an allowance recorded:
Commercial real estate:
Owner occupied	$	-	$	-	$	-	$	-	$	-
Non-owner occupied		-		-		-		-		-
Residential real estate:
Residential mortgages		-		-		-		-		-
Home equity		-		-		-		-		-
Commercial and industrial:
Secured		-		-		-		-		-
Unsecured		1,708		3,235		1,708		1,708		-
Total with an allowance recorded	$	1,708	$	3,235	$	1,708	$	1,708	$	-
Total:
Commercial real estate:
Owner occupied	$	2,073	$	2,073	$	-	$	2,073	$	-
Non-owner occupied		9,243		9,243		-		8,973		76
Residential real estate:
Residential mortgages		-		-		-		-		-
Home equity		100		100		-		100		-
Commercial and industrial:
Secured		8,727		9,373		-		8,744		56
Unsecured		6,911		8,438		1,708		6,640		37
Total	$	27,054	$	29,227	$	1,708	$	26,530	$	169

	December 31, 2017						Three Months Ended March 31, 2017
(In thousands)	Recorded  Investment		Unpaid  Principal  Balance		Related Allocated  Allowance		Average  Recorded  Investment		Interest Income  Recognized
With no related allowance recorded:
Commercial real estate:
Owner occupied	$	2,073	$	2,073	$	-	$	158	$	2
Non-owner occupied		9,089		9,089		-		604		18
Residential real estate:
Residential mortgages		-		-		-		4,139		79
Home equity		100		100		-		131		-
Commercial and industrial:
Secured		7,368		8,013		-		270		8
Unsecured		2,154		2,408		-		196		5
Total with no related allowance recorded	$	20,784	$	21,683	$	-	$	5,498	$	112
With an allowance recorded:
Commercial real estate:
Owner occupied	$	-	$	-	$	-	$	-	$	-
Non-owner occupied		-		-		-		-		-
Residential real estate:
Residential mortgages		-		-		-		-		-
Home equity		-		-		-		-		-
Commercial and industrial:
Secured		-		-		-		-		-
Unsecured		1,708		3,235		1,708		32		1
Total with an allowance recorded	$	1,708	$	3,235	$	1,708	$	32	$	1
Total:
Commercial real estate:
Owner occupied	$	2,073	$	2,073	$	-	$	158	$	2
Non-owner occupied		9,089		9,089		-		604		18
Residential real estate:
Residential mortgages		-		-		-		4,139		79
Home equity		100		100		-		131		-
Commercial and industrial:
Secured		7,368		8,013		-		270		8
Unsecured		3,862		5,643		1,708		228		6
Total	$	22,492	$	24,918	$	1,708	$	5,530	$	113

Schedule of activity in the accretable yield for the purchased credit impaired loans

	Three Months Ended
	March 31,
(In thousands)	2018			2017
Balance at beginning of period	$	2,151		$	6,915
Accretion		(1,033	)		(1,857	)
Reclassification (to) from nonaccretable difference during the period		(161	)		275
Accretable discount at end of period	$	957		$	5,333