DERIVATIVES (Tables)

12 Months Ended

Dec. 31, 2016

DERIVATIVES

Summary of information about the interest rate swap designated as a cash flow hedge

	December 31,
(Dollars in thousands)	2016			2015
Notional amounts	$	175,000		$	125,000
Weighted average pay rates		1.61	%		1.58	%
Weighted average receive rates		0.95	%		0.51	%
Weighted average maturity		2.98 years			3.22 years

Schedule of the net gains (losses) recorded, net of income tax, in accumulated other comprehensive income and the Consolidated Statements of Income relating to the cash flow derivative instruments

(In thousands) Interest rate contracts	Amount of gain (loss) recognized in OCI (Effective Portion)			Amount of loss reclassified from OCI to interest expense			Amount of loss recognized in other non- interest income (Ineffective Portion)
Year ended December 31, 2016	$	1,191		$	(944	)	$	—
Year ended December 31, 2015	$	(1,008	)	$	(657	)	$	—
Year ended December 31, 2014	$	(1,249	)	$	(470	)	$	—

Schedule of cash flow hedge included in the Consolidated Balance Sheets

	December 31,
	2016							2015
			Fair		Fair					Fair		Fair
(In thousands)	Notional		Value		Value			Notional		Value		Value
Included in other assets/(liabilities):	Amount		Asset		Liability			Amount		Asset		Liability
Interest rate swaps related to FHLB  advances	$	175,000	$	1,994	$	(1,153	)	$	100,000	$	14	$	(713	)
Forward starting interest rate swap  related to FHLB advances		—		—		—			25,000		—		(595	)

Summary of information about interest rate swaps

	December 31,
(Dollars in thousands)	2016			2015
Notional amounts	$	62,472		$	56,328
Weighted average pay rates		3.50	%		3.39	%
Weighted average receive rates		3.50	%		3.39	%
Weighted average maturity		13.97 years			15.59 years
Fair value of combined interest rate swaps	$	—		$	—