ALLOWANCE FOR LOAN LOSSES (Tables)

6 Months Ended

Jun. 30, 2015

ALLOWANCE FOR LOAN LOSSES

Schedule of allowance for loan losses and the recorded investment in loans by portfolio segment and based on impairment method

	For the Three Months Ended June 30, 2015
(In thousands)	Commercial Real Estate Mortgage Loans		Multi- Family		Residential Real Estate Mortgage Loans			Commercial, Financial and Agricultural Loans			Real Estate Construction and Land Loans		Installment/ Consumer Loans			Total
Allowance for Loan Losses:
Beginning balance	$	6,990	$	2,980	$	2,137		$	4,905		$	1,106	$	142		$	18,260
Charge-offs		-		-		-			(330	)		-		-			(330	)
Recoveries		-		-		77			110			-		1			188
Provision		176		35		(225	)		588			130		(4	)		700
Ending Balance	$	7,166	$	3,015	$	1,989		$	5,273		$	1,236	$	139		$	18,818

	For the Six Months Ended June 30, 2015
	Commercial Real Estate Mortgage Loans		Multi- Family		Residential Real Estate Mortgage Loans			Commercial, Financial and Agricultural Loans			Real Estate Construction and Land Loans		Installment/ Consumer Loans			Total
(In thousands)
Allowance for Loan Losses:
Beginning balance	$	6,994	$	2,670	$	2,208		$	4,526		$	1,104	$	135		$	17,637
Charge-offs		-		-		-			(530	)		-		(2	)		(532	)
Recoveries		-		-		78			130			-		5			213
Provision		172		345		(297	)		1,147			132		1			1,500
Ending Balance	$	7,166	$	3,015	$	1,989		$	5,273		$	1,236	$	139		$	18,818
Ending balance: individually evaluated for impairment	$	88	$	-	$	150		$	4		$	-	$	-		$	242
Ending balance: collectively evaluated for impairment	$	7,144	$	3,015	$	1,773		$	5,269		$	1,236	$	139		$	18,576
Ending balance: loan acquired with deteriorated credit quality	$	-	$	-	$	-		$	-		$	-	$	-		$	-
Loans	$	1,006,333	$	298,370	$	378,451		$	482,183		$	82,792	$	14,526		$	2,262,655
Ending balance: individually evaluated for impairment	$	1,973	$	-	$	1,361		$	336		$	-	$	-		$	3,670
Ending balance: collectively evaluated for impairment	$	999,943	$	298,370	$	375,863		$	475,650		$	82,792	$	14,526		$	2,247,144
Ending balance: loans acquired with deteriorated credit quality(1)	$	4,417	$	-	$	1,227		$	6,197		$	-	$	-		$	11,841

⁽¹⁾ Includes loans acquired on June 19, 2015 from CNB, on February 14, 2014 from FNBNY and on May 27, 2011 from HSB.

	Year Ended December 31, 2014
	Commercial Real Estate Mortgage Loans			Multi- Family		Residential Real Estate Mortgage Loans			Commercial, Financial and Agricultural Loans			Real Estate Construction and Land Loans			Installment/ Consumer Loans			Total
(In thousands)
Allowance for Loan Losses:
Beginning balance	$	6,279		$	1,597	$	2,712		$	4,006		$	1,206		$	201		$	16,001
Charge-offs		(461	)		-		(257	)		(104	)		-			(2	)		(824	)
Recoveries		-			-		170			87			-			3			260
Provision		1,176			1,073		(417	)		537			(102	)		(67	)		2,200
Ending Balance	$	6,994		$	2,670	$	2,208		$	4,526		$	1,104		$	135		$	17,637
Ending balance: individually evaluated for impairment	$	23		$	-	$	72		$	79		$	-		$	-		$	174
Ending balance: collectively evaluated for impairment	$	6,971		$	2,670	$	2,136		$	4,447		$	1,104		$	135		$	17,463
Ending balance: loan acquired with deteriorated credit quality	$	-		$	-	$	-		$	-		$	-		$	-		$	-
Loans	$	595,397		$	218,985	$	156,156		$	291,743		$	63,556		$	10,124		$	1,335,961
Ending balance: individually evaluated for impairment	$	5,136		$	-	$	383		$	682		$	-		$	-		$	6,201
Ending balance: collectively evaluated for impairment	$	582,946		$	218,985	$	154,897		$	286,368		$	63,556		$	10,124		$	1,316,876
Ending balance: loans acquired with deteriorated credit quality(1)	$	7,315		$	-	$	876		$	4,693		$	-		$	-		$	12,884

⁽¹⁾ Includes loans acquired on February 14, 2014 from FNBNY and on May 27, 2011 from HSB.

	For the Three Months Ended June 30, 2014
	Commercial Real Estate Mortgage Loans			Multi-Family		Residential Real Estate Mortgage Loans			Commercial, Financial and Agricultural Loans			Real Estate Construction and Land Loans			Installment/ Consumer Loans			Total
(In thousands)
Allowance for Loan Losses:
Beginning balance	$	6,621		$	1,594	$	2,603		$	4,270		$	1,103		$	178		$	16,369
Charge-offs		(143	)		-		(50	)		(13	)		-			(1	)		(207	)
Recoveries		-			-		10			8			-			-			18
Provision		197			503		(38	)		(75	)		(68	)		(19	)		500
Ending Balance	$	6,675		$	2,097	$	2,525		$	4,190		$	1,035		$	158		$	16,680

	For the Six Months Ended June 30, 2014
	Commercial Real Estate Mortgage Loans			Multi-Family		Residential Real Estate Mortgage Loans			Commercial, Financial and Agricultural Loans			Real Estate Construction and Land Loans			Installment/ Consumer Loans			Total
(In thousands)
Allowance for Loan Losses:
Beginning balance	$	6,279		$	1,597	$	2,712		$	4,006		$	1,206		$	201		$	16,001
Charge-offs		(410	)		-		(50	)		(98	)		-			(1	)		(559	)
Recoveries		-			-		20			17			-			1			38
Provision		806			500		(157	)		265			(171	)		(43	)		1,200
Ending Balance	$	6,675		$	2,097	$	2,525		$	4,190		$	1,035		$	158		$	16,680