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Note 10 - Fair Value of Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2017

Fair Value, Option, Quantitative Disclosures [Table Text Block]

	Fair Value		Fair Value		Changes in Fair Values For Items Measured at Fair Value
	Measurements		Measurements		Pursuant to Election of the Fair Value Option
	at March 31,		at December 31,		Three Months Ended
(In thousands)	2017		2016		March 31, 2017			March 31, 2016

Mortgage-backed securities	$	1,898	$	2,016	$	(7	)	$	5
Other securities		28,526		28,429		32			96
Borrowed funds		34,536		33,959		(570	)		1,054
Net (loss) gain from fair value adjustments (1)					$	(545	)	$	1,155

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]

	Quoted Prices in Active Markets for Identical Assets (Level 1)				Significant Other Observable Inputs (Level 2)				Significant Other Unobservable Inputs (Level 3)				Total carried at fair value on a recurring basis
	2017		2016		2017		2016		2017		2016		2017		2016
	(In thousands)

Assets:
Mortgage-backed Securities	$	-	$	-	$	537,905	$	516,476	$	-	$	-	$	537,905	$	516,476
Other securities		-		-		338,844		337,544		7,394		7,361		346,238		344,905
Interest rate swaps		-		-		6,833		6,350		-		-		6,833		6,350

Total assets	$	-	$	-	$	883,582	$	860,370	$	7,394	$	7,361	$	890,976	$	867,731

Liabilities:
Borrowings	$	-	$	-	$	-	$	-	$	34,536	$	33,959	$	34,536	$	33,959
Interest rate swaps		-		-		3,040		3,386		-		-		3,040		3,386

Total liabilities	$	-	$	-	$	3,040	$	3,386	$	34,536	$	33,959	$	37,576	$	37,345

Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]

	For the three months ended March 31,
	2017				2016
	Trust preferred securities		Junior subordinated debentures		Trust preferred securities			Junior subordinated debentures
	(In thousands)

Beginning balance	$	7,361	$	33,959	$	7,212		$	29,018
Net gain (loss) from fair value adjustment of financial assets		32		-		(60	)		-
Net (gain) loss from fair value adjustment of financial liabilities		-		570		-			(1,054	)
Increase in accrued interest payable		-		7		-			13
Change in unrealized gains (losses) included in other comprehensive income		1		-		(2	)		-
Ending balance	$	7,394	$	34,536	$	7,150		$	27,977

Changes in unrealized gain (loss) held at period end	$	1	$	-	$	(2	)	$	-

Fair Value Inputs, Assets, Quantitative Information [Table Text Block]

	March 31, 2017

	Fair Value		Valuation Technique	Unobservable Input	Range			Weighted Average
	(Dollars in thousands)
Assets:

Trust preferred securities	$	7,394	Discounted cash flows	Discount rate	6.2%	-	7.1%	6.9%

Liabilities:

Junior subordinated debentures	$	34,536	Discounted cash flows	Discount rate		6.2%		6.2%

	December 31, 2016

	Fair Value		Valuation Technique	Unobservable Input	Range			Weighted Average
	(Dollars in thousands)
Assets:

Trust preferred securities	$	7,361	Discounted cash flows	Discount rate	6.3%	-	7.1%	7.0%

Liabilities:

Junior subordinated debentures	$	33,959	Discounted cash flows	Discount rate		6.3%		6.3%

Fair Value Measurements, Nonrecurring [Table Text Block]

	Quoted Prices in Active Markets for Identical Assets (Level 1)				Significant Other Observable Inputs (Level 2)				Significant Other Unobservable Inputs (Level 3)				Total carried at fair value on a recurring basis
	2017		2016		2017		2016		2017		2016		2017		2016
	(In thousands)
Assets:
Impaired loans	$	-	$	-	$	-	$	-	$	14,958	$	14,968	$	14,958	$	14,968
Other real estate owned		-		-		-		-		-		533		-		533

Total assets	$	-	$	-	$	-	$	-	$	14,958	$	15,501	$	14,958	$	15,501

Fair Value, by Balance Sheet Grouping [Table Text Block]

	March 31, 2017
	Carrying Amount		Fair Value		Level 1		Level 2		Level 3
	(In thousands)
Assets:

Cash and due from banks	$	51,215	$	51,215	$	51,215	$	-	$	-
Securities held-to-maturity
Other securities		36,406		34,152		-		-		34,152
Securities available for sale
Mortgage-backed securities		537,905		537,905		-		537,905		-
Other securities		346,238		346,238		-		338,844		7,394
Loans		4,974,591		4,956,089		-		-		4,956,089
FHLB-NY stock		57,384		57,384		-		57,384		-
Accrued interest receivable		20,602		20,602		-		20,602		-
Interest rate swaps		6,833		6,833		-		6,833		-

Total assets	$	6,031,174	$	6,010,418	$	51,215	$	961,568	$	4,997,635


Liabilities:
Deposits	$	4,410,746	$	4,417,356	$	2,998,927	$	1,418,429	$	-
Borrowings		1,227,852		1,221,367		-		1,186,831		34,536
Accrued interest payable		3,074		3,074		-		3,074		-
Interest rate swaps		3,040		3,040		-		3,040		-

Total liabilities	$	5,644,712	$	5,644,837	$	2,998,927	$	2,611,374	$	34,536

	December 31, 2016
	Carrying Amount		Fair Value		Level 1		Level 2		Level 3
	(In thousands)
Assets:

Cash and due from banks	$	35,857	$	35,857	$	35,857	$	-	$	-
Securities held-to-maturity
Other securities		37,735		35,408		-		-		35,408
Securities available for sale
Mortgage-backed securities		516,476		516,476		-		516,476		-
Other securities		344,905		344,905		-		337,544		7,361
Loans		4,835,693		4,814,840		-		-		4,814,840
FHLB-NY stock		59,173		59,173		-		59,173		-
Interest rate swaps		6,350		6,350		-		6,350		-

Total assets	$	5,836,189	$	5,813,009	$	35,857	$	919,543	$	4,857,609

Liabilities:
Deposits	$	4,205,631	$	4,213,714	$	2,833,516	$	1,380,198	$	-
Borrowings		1,266,563		1,255,283		-		1,221,324		33,959
Interest rate swaps		3,386		3,386		-		3,386		-

Total liabilities	$	5,475,580	$	5,472,383	$	2,833,516	$	2,604,908	$	33,959

Fair Value, Measurements, Nonrecurring [Member]

Notes Tables

Fair Value Measurements, Nonrecurring [Table Text Block]

	March 31, 2017

	Fair Value		Valuation Technique	Unobservable Input	Range			Weighted Average
	(Dollars in thousands)
Assets:

Impaired loans	$	2,014	Income approach	Capitalization rate	6.0%	to	7.5%	7.0%
				Reduction for planned expedited disposal	10.9%	to	15.0%	14.2%

Impaired loans	$	8,984	Sales approach	Adjustment to sales comparison value to reconcile differences between comparable sales	-40.0%	to	16.2%	-1.5%
				Reduction for planned expedited disposal	0.0%	to	15.0%	8.0%


Impaired loans	$	3,960	Blended income and sales approach	Adjustment to sales comparison value to reconcile differences between comparable sales	-29.0%	to	25.0%	0.0%
				Capitalization rate	5.3%	to	9.5%	7.1%
				Reduction for planned expedited disposal	14.5%	to	15.0%	15.0%

	At December 31, 2016
	Fair Value		Valuation Technique	Unobservable Input	Range			Weighted Average
	(Dollars in thousands)
Assets:

Impaired loans	$	2,007	Income approach	Capitalization rate	6.0%	to	7.5%	7.0%
				Reduction for planned expedited disposal		15.0%		15.0%

Impaired loans	$	8,703	Sales approach	Adjustment to sales comparison value to reconcile differences between comparable sales	-40.0%	to	16.2%	-1.5%
				Reduction for planned expedited disposal	0%	to	15.0%	7.7%

Impaired loans	$	4,258	Blended income and sales approach	Adjustment to sales comparison value to reconcile differences between comparable sales	-50.0%	to	25.0%	-0.6%
				Capitalization rate	5.3%	to	9.5%	7.2%
				Reduction planned for expedited disposal		15.0%		15.0%



Other real estate owned	$	533	Sales approach	Adjustment to sales comparison value to reconcile differences between comparable sales	3.3%	to	18.6%	11.0%

- Definition

Tabular disclosure of the application of the fair value option for measurement and reporting of eligible financial assets and liabilities (as defined), as well as certain other eligible items (as defined) included in the statement of financial position, whether such option is elected for a single eligible item or a group of similar eligible items and is in addition to other disclosures concerning fair value which the company may be required to provide. Such disclosure might be expected to include: (1) for items included in the statement of financial position: (a) for each line item in the statement of financial position that includes an item or items for which the fair value option has been elected, provide the aggregate carrying amount of ineligible items included in each line item in the balance sheet, if any; (b) the difference between the aggregate fair value and the aggregate unpaid principal balance (assuming contractual principal amounts and fair value option elected) of: (i) loans and long-term receivables (other than securities otherwise reported at fair value) and (ii) long-term debt instruments; (c) for loans held as assets for which the fair value option has been elected: (i) the aggregate fair value of loans that are 90 days or more past due, (ii) if the policy is to recognize interest income separately from other changes in fair value, the aggregate fair value of loans in nonaccrual status, and (iii) the difference between the aggregate fair value and the aggregate unpaid principal balance for loans that are 90 days or more past due, in nonaccrual status, or both; (2) for items included in the income statement: (a) the amounts of gains and losses from fair value changes included in earnings and in which line in the income statement those gains and losses are reported whether or not combined with gains and losses from items required to be accounted for at fair value; (b) for loans and other receivables held as assets, the estimated amount of gains or losses included in earnings attributable to changes in instrument-specific credit risk; (c) for liabilities with fair values that have been significantly affected during the reporting period by changes in the instrument-specific credit risk, the estimated amount of gains and losses from fair value changes included in earnings that are attributable to changes in the instrument-specific credit risk; and (3) certain other disclosures as required or determined to be provided.

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