ALLOWANCE FOR LOAN LOSSES (Tables)

3 Months Ended

Mar. 31, 2017

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 March 31, 2017
(In thousands)	Commercial Real Estate Mortgage Loans		Multi- Family Loans		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	$	-	$	-	$	-	$	4	$	-	$	-	$	4
Collectively  evaluated for impairment		7,745		6,480		2,027		9,194		1,058		110		26,614
Loans acquired with deteriorated credit quality		-		-		-		-		-		-		-
Total allowance for loan losses	$	7,745	$	6,480	$	2,027	$	9,198	$	1,058	$	110	$	26,618
Loans:
Individually evaluated for impairment	$	1,516	$	-	$	8,534	$	989	$	-	$	-	$	11,039
Collectively evaluated for impairment		1,026,372		532,016		433,653		537,154		85,704		16,863		2,631,762
Loans acquired with deteriorated credit quality		2,206		3,279		875		3,797		-		-		10,157
Total loans	$	1,030,094	$	535,295	$	443,062	$	541,940	$	85,704	$	16,863	$	2,652,958

	At December 31, 2016
(In thousands)	Commercial Real Estate Mortgage Loans		Multi- Family Loans		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	$	-	$	-	$	-	$	1	$	-	$	-	$	1
Collectively  evaluated for impairment		8,759		6,264		1,961		7,836		955		128		25,903
Loans acquired with deteriorated credit quality		-		-		-		-		-		-		-
Total allowance for loan losses	$	8,759	$	6,264	$	1,961	$	7,837	$	955	$	128	$	25,904
Loans:
Individually evaluated for impairment	$	1,539	$	-	$	784	$	1,030	$	-	$	-	$	3,353
Collectively evaluated for impairment		1,013,563		514,853		437,999		519,686		80,605		16,368		2,583,074
Loans acquired  with deteriorated credit quality		1,881		3,293		870		3,734		-		-		9,778
Total loans	$	1,016,983	$	518,146	$	439,653	$	524,450	$	80,605	$	16,368	$	2,596,205

	For the Three Months Ended March 31, 2017
								Commercial,
	Commercial					Residential		Industrial			Real Estate
	Real Estate			Multi-		Real Estate		and			Construction		Installment/
	Mortgage			Family		Mortgage		Agricultural			and Land		Consumer
(In thousands)	Loans			Loans		Loans		Loans			Loans		Loans			Total
Allowance for loan losses:
Beginning balance	$	8,759		$	6,264	$	1,961	$	7,837		$	955	$	128		$	25,904
Charge-offs		-			-		-		(95	)		-		-			(95	)
Recoveries		-			-		1		7			-		1			9
Provision		(1,014	)		216		65		1,449			103		(19	)		800
Ending balance	$	7,745		$	6,480	$	2,027	$	9,198		$	1,058	$	110		$	26,618
	For the Three Months Ended March 31, 2016
								Commercial,
	Commercial					Residential		Industrial			Real Estate
	Real Estate			Multi-		Real Estate		and			Construction		Installment/
	Mortgage			Family		Mortgage		Agricultural			and Land		Consumer
(In thousands)	Loans			Loans		Loans		Loans			Loans		Loans			Total
Allowance for loan losses:
Beginning balance	$	7,850		$	4,208	$	2,115	$	5,405		$	1,030	$	136		$	20,744
Charge-offs		-			-		-		(200	)		-		-			(200	)
Recoveries		-			-		-		4			-		1			5
Provision		(404	)		461		583		359			247		4			1,250
Ending balance	$	7,446		$	4,669	$	2,698	$	5,568		$	1,277	$	141		$	21,799