ALLOWANCE FOR LOAN LOSSES (Tables)

6 Months Ended

Jun. 30, 2016

ALLOWANCE FOR LOAN LOSSES

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

	At June 30, 2016
(In thousands)	Commercial Real Estate Mortgage Loans		Multi- Family		Residential Real Estate Mortgage Loans		Commercial, Industrial and Agricultural Loans		Real Estate Construction and Land Loans		Installment/ Consumer Loans		Total
Allowance for Loan Losses:
Individually evaluated for impairment	$	-	$	-	$	-	$	143	$	-	$	-	$	143
Collectively evaluated for impairment		7,632		5,287		2,753		5,628		1,131		134		22,565
Loans acquired with deteriorated credit quality		-		-		-		-		-		-		-
Total Allowance for Loan Losses	$	7,632	$	5,287	$	2,753	$	5,771	$	1,131	$	134	$	22,708
Loans:
Individually evaluated for impairment	$	1,584	$	-	$	1,465	$	1,042	$	-	$	-	$	4,091
Collectively evaluated for impairment		1,010,018		423,922		450,050		505,866		96,683		17,235		2,503,774
Loans acquired with deteriorated credit quality		4,720		3,355		855		4,609		-		-		13,539
Total Loans	$	1,016,322	$	427,277	$	452,370	$	511,517	$	96,683	$	17,235	$	2,521,404

	At December 31, 2015
(In thousands)	Commercial Real Estate Mortgage Loans		Multi- Family		Residential Real Estate Mortgage Loans		Commercial, Industrial and Agricultural Loans		Real Estate Construction and Land Loans		Installment/ Consumer Loans		Total
Allowance for Loan Losses:
Individually evaluated for impairment	$	20	$	-	$	-	$	9	$	-	$	-	$	29
Collectively evaluated for impairment		7,830		4,208		2,115		5,396		1,030		136		20,715
Loans acquired with deteriorated credit quality		-		-		-		-		-		-		-
Total Allowance for Loan Losses	$	7,850	$	4,208	$	2,115	$	5,405	$	1,030	$	136	$	20,744
Loans:
Individually evaluated for impairment	$	1,629	$	-	$	672	$	290	$	-	$	-	$	2,591
Collectively evaluated for impairment		997,210		347,054		444,801		495,045		91,153		17,596		2,392,859
Loans acquired with deteriorated credit quality		635		3,739		1,267		6,431		-		-		12,072
Total Loans	$	999,474	$	350,793	$	446,740	$	501,766	$	91,153	$	17,596	$	2,407,522

	For the Three Months Ended June 30, 2016
(In thousands)	Commercial Real Estate Mortgage Loans		Multi-Family		Residential Real Estate Mortgage Loans		Commercial, Industrial and Agricultural Loans			Real Estate Construction and Land Loans			Installment/ Consumer Loans			Total
Allowance for Loan Losses:
Beginning balance	$	7,446	$	4,669	$	2,698	$	5,568		$	1,277		$	141		$	21,799
Charge-offs		-		-		-		(97	)		-			(2	)		(99	)
Recoveries		100		-		2		3			-			3			108
Provision		86		618		53		297			(146	)		(8	)		900
Ending Balance	$	7,632	$	5,287	$	2,753	$	5,771		$	1,131		$	134		$	22,708

	For the Three Months Ended June 30, 2015
(In thousands)	Commercial Real Estate Mortgage Loans		Multi-Family		Residential Real Estate Mortgage Loans			Commercial, Industrial 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, 2016
(In thousands)	Commercial Real Estate Mortgage Loans			Multi-Family		Residential Real Estate Mortgage Loans		Commercial, Industrial and Agricultural Loans			Real Estate Construction and Land Loans		Installment/ Consumer Loans			Total
Allowance for Loan Losses:
Beginning balance	$	7,850			4,208		2,115		5,405			1,030		136			20,744
Charge-offs		-			-		-		(297	)		-		(2	)		(299	)
Recoveries		100			-		2		7			-		4			113
Provision		(318	)		1,079		636		656			101		(4	)		2,150
Ending Balance	$	7,632			5,287		2,753		5,771			1,131		134			22,708

	For the Six Months Ended June 30, 2015
(In thousands)	Commercial Real Estate Mortgage Loans		Multi-Family		Residential Real Estate Mortgage Loans			Commercial, Industrial and Agricultural Loans			Real Estate Construction and Land Loans		Installment/ Consumer Loans			Total
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