Note 11 - Fair Value of Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2019

Notes Tables

Fair Value Option, 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)		2019		2018		March 31, 2019			March 31, 2018
Mortgage-backed securities	$	934	$	967	$	1		$	(11	)
Other securities		13,091		12,843		179			(138	)
Borrowed funds		42,941		41,849		(1,210	)		(1,681	)
Net loss from fair value adjustments (1)					$	(1,030	)	$	(1,830	)

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
	2019		2018		2019		2018		2019		2018		2019		2018
	(In thousands)
Assets:
Mortgage-backed
Securities	$	-	$	-	$	579,185	$	557,953	$	-	$	-	$	579,185	$	557,953
Other securities		11,802		11,586		253,748		251,860		1,289		1,256		266,839		264,702
Interest rate swaps		-		-		6,474		15,961		-		-		6,474		15,961
Total assets	$	11,802	$	11,586	$	839,407	$	825,774	$	1,289	$	1,256	$	852,498	$	838,616
Liabilities:
Borrowings	$	-	$	-	$	-	$	-	$	42,941	$	41,849	$	42,941	$	41,849
Interest rate swaps		-		-		4,996		2,239		-		-		4,996		2,239
Total liabilities	$	-	$	-	$	4,996	$	2,239	$	42,941	$	41,849	$	47,937	$	44,088

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

	For the three months ended
	March 31, 2019					March 31, 2018
	Trust preferred securities		Junior subordinated debentures			Trust preferred securities		Junior subordinated debentures
	(In thousands)
Beginning balance	$	1,256	$	41,849		$	1,110	$	36,986
Net gain from fair value adjustment of financial assets (1)		33		-			51		-
Net loss from fair value adjustment of financial liabilities (1)		-		1,210			-		1,681
Decrease(increase) in accrued interest receivable		-		-			1		-
Increase (decrease) in accrued interest payable		-		9			-		25
Change in unrealized gains (losses) included in other comprehensive income		-		(127	)		-		-
Ending balance	$	1,289	$	42,941		$	1,162	$	38,692
Changes in unrealized gains (losses) held at period end	$	-	$	-		$	-	$	-

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 non-recurring basis
	2019		2018		2019		2018		2019		2018		2019		2018
	(In thousands)
Assets
Impaired loans	$	-	$	-	$	-	$	-	$	1,928	$	4,111	$	1,928	$	4,111
Other repossesed assets		-		-		-		-		-		35		-		35
Total assets	$	-	$	-	$	-	$	-	$	1,928	$	4,146	$	1,928	$	4,146

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

	March 31, 2019
	Carrying Amount		Fair  Value		Level 1		Level 2		Level 3
	(In thousands)
Assets:
Cash and due from banks	$	58,677	$	58,677	$	58,677	$	-	$	-
Securities held-to-maturity
Mortgage-backed securities		7,949		7,726		-		7,726		-
Other securities		22,532		22,276		-		-		22,276
Securities available for sale
Mortgage-backed securities		579,185		579,185		-		579,185		-
Other securities		266,839		266,839		11,802		253,748		1,289
Loans		5,588,746		5,547,521		-		-		5,547,521
FHLB-NY stock		51,182		51,182		-		51,182		-
Accrued interest receivable		27,226		27,226		10		3,280		23,936
Interest rate swaps		6,474		6,474		-		6,474		-
Liabilities:
Deposits	$	5,080,209	$	5,079,020	$	3,568,439	$	1,510,581	$	-
Borrowings		1,116,416		1,111,670		-		1,068,729		42,941
Accrued interest payable		7,989		7,989		-		7,989		-
Interest rate swaps		4,996		4,996		-		4,996		-

	December 31, 2018
	Carrying Amount		Fair  Value		Level 1		Level 2		Level 3
	(In thousands)
Assets:
Cash and due from banks	$	118,561	$	118,561	$	118,561	$	-	$	-
Securities held-to-maturity
Mortgage-backed securities		7,953		7,366		-		7,366		-
Other securities		24,065		22,508		-		-		22,508
Securities available for sale
Mortgage-backed securities		557,953		557,953		-		557,953		-
Other securities		264,702		264,702		11,586		251,860		1,256
Loans		5,551,484		5,496,266		-		-		5,496,266
FHLB-NY stock		57,282		57,282		-		57,282		-
Accrued interest receivable		25,485		25,485		54		2,756		22,675
Interest rate swaps		15,961		15,961		-		15,961		-
Liabilities:
Deposits	$	4,960,784	$	4,955,077	$	3,397,474	$	1,557,603	$	-
Borrowings		1,250,843		1,241,745		-		1,199,896		41,849
Accrued interest payable		5,890		5,890		-		5,890		-
Interest rate swaps		2,239		2,239		-		2,239		-

Fair Value, Nonrecurring [Member]

Notes Tables

Fair Value Measurement Inputs and Valuation Techniques [Table Text Block]

	March 31, 2019
	Fair Value		Valuation Technique	Unobservable Input	Range		Weighted Average
	(Dollars in thousands)
Assets:
Impaired loans	$	1,656	Sales approach	Reduction for planned expedited disposal		20.0% to 54.5%		39.6%
Impaired loans	$	272	Blended income and sales approach	Adjustment to sales comparison value to reconcile differences between comparable sales		-10.0% to 15.0%		2.5%
				Capitalization rate		9.5%		9.5%
				Reduction for planned expedited disposal		15.0%		15.0%

	At December 31, 2018
	Fair Value		Valuation Technique	Unobservable Input	Range		Weighted Average
	(Dollars in thousands)
Assets:
Impaired loans	$	204	Income approach	Capitalization rate		8.5%		8.5%
				Reduction for planned expedited disposal		15.0%		15.0%
Impaired loans	$	2,724	Sales approach	Adjustment to sales comparison value to reconcile differences between comparable sales		0.0%		0.0%
				Reduction for planned expedited disposal		-36.5% to 15.0%		10.4%
Impaired loans	$	1,183	Blended income and sales approach	Adjustment to sales comparison value to reconcile differences between comparable sales		-30.0% to 10.0%		-7.8%
				Capitalization rate		7.4% to 9.8%		8.7%
				Reduction for planned expedited disposal		15.0%		15.0%
Other repossesed assets	$	35	Sales approach	Reduction for planned expediated disposal		0.0%		0.0%

Fair Value, Recurring [Member]

Notes Tables

Fair Value Measurement Inputs and Valuation Techniques [Table Text Block]

	March 31, 2019
	Fair Value		Valuation Technique	Unobservable Input	Range		Weighted Average
	(Dollars in thousands)
Assets:
Trust preferred securities	$	1,289	Discounted cash flows	Discount rate		n/a		4.6%
Liabilities:
Junior subordinated debentures	$	42,941	Discounted cash flows	Discount rate		n/a		4.6%

	December 31, 2018
	Fair Value		Valuation Technique	Unobservable Input	Range		Weighted Average
	(Dollars in thousands)
Assets:
Trust preferred securities	$	1,256	Discounted cash flows	Discount rate		n/a		4.9%
Liabilities:
Junior subordinated debentures	$	41,849	Discounted cash flows	Discount rate		n/a		4.9%