LOANS (Tables)

12 Months Ended

Dec. 31, 2014

LOANS

Schedule of loans

	2014						2013
(In thousands)	Business Activities		Acquired Loans		Total		Business Activities		Acquired Loans		Total
Residential mortgages:
1-4 family	$	1,199,408	$	268,734	$	1,468,142	$	1,027,737	$	333,367	$	1,361,104
Construction	27,044		1,018		28,062		18,158		5,012		23,170
Total residential mortgages	1,226,452		269,752		1,496,204		1,045,895		338,379		1,384,274
Commercial real estate:
Construction	169,189		4,201		173,390		125,247		13,770		139,017
Single and multi-family	140,050		53,168		193,218		63,493		64,827		128,320
Commercial real estate	1,030,837		214,122		1,244,959		871,271		278,512		1,149,783
Total commercial real estate	1,340,076		271,491		1,611,567		1,060,011		357,109		1,417,120
Commercial and industrial loans:
Asset based lending	341,246		—		341,246		294,241		3,130		297,371
Other commercial and industrial loans	411,945		51,175		463,120		323,196		66,726		389,922
Total commercial and industrial loans	753,191		51,175		804,366		617,437		69,856		687,293
Total commercial loans	2,093,267		322,666		2,415,933		1,677,448		426,965		2,104,413
Consumer loans:
Home equity	252,681		65,951		318,632		232,677		74,154		306,831
Auto and other	346,480		103,351		449,831		213,171		171,834		385,005
Total consumer loans	599,161		169,302		768,463		445,848		245,988		691,836
Total loans	$	3,918,880	$	761,720	$	4,680,600	$	3,169,191	$	1,011,332	$	4,180,523

Schedule of total unamortized net costs and premiums included in the total loans for historical loans

(In thousands)	2014		2013
Unamortized net loan origination costs	$	14,268	$	13,898
Unamortized net premium on purchased loans	4,604		3,652
Total unamortized net costs and premiums	$	18,872	$	17,550

Schedule of activity in the accretable yield for the acquired loan portfolio that falls under the purview of ASC 310-30, Accounting for Certain Loans or Debt Securities Acquired in a Transfer

(In thousands)	2014			2013
Balance at beginning of period	$	2,559		$	8,247
Acquisitions	—			—
Sales	—			(301		)
Reclassification from nonaccretable difference for loans with improved cash flows	2,644			2,252
Changes in expected cash flows that do not affect nonaccretable difference	—			—
Accretion	(2,662		)	(7,639		)
Balance at end of period	$	2,541		$	2,559

Summary of past due loans

Business Activities Loans

(in thousands)	30-59 Days Past Due		60-89 Days Past Due		Greater Than 90 Days Past Due		Total Past Due		Current		Total Loans		Past Due > 90 days and Accruing
December 31, 2014
Residential mortgages:
1-4 family	$	5,580	$	146	$	4,053	$	9,779	$	1,189,629	$	1,199,408	$	1,527
Construction	666		410		—		1,076		25,968		27,044		—
Total	6,246		556		4,053		10,855		1,215,597		1,226,452		1,527
Commercial real estate:
Construction	—		2,000		720		2,720		166,469		169,189		—
Single and multi-family	178		156		458		792		139,258		140,050		—
Commercial real estate	692		705		9,383		10,780		1,020,057		1,030,837		621
Total	870		2,861		10,561		14,292		1,325,784		1,340,076		621
Commercial and industrial loans
Asset based lending	—		—		—		—		341,246		341,246		—
Other commercial and industrial loans	1,040		498		856		2,394		409,551		411,945		6
Total	1,040		498		856		2,394		750,797		753,191		6
Consumer loans:
Home equity	333		1,000		1,387		2,720		249,961		252,681		230
Auto and other	831		65		315		1,211		345,269		346,480		10
Total	1,164		1,065		1,702		3,931		595,230		599,161		240
Total	$	9,320	$	4,980	$	17,172	$	31,472	$	3,887,408	$	3,918,880	$	2,394

Business Activities Loans

(in thousands)	30-59 Days Past Due		60-89 Days Past Due		Greater Than 90 Days Past Due		Total Past Due		Current		Total Loans		Past Due > 90 days and Accruing
December 31, 2013
Residential mortgages:
1-4 family	$	2,500	$	623	$	7,382	$	10,505	$	1,017,232	$	1,027,737	$	1,451
Construction	—		—		41		41		18,117		18,158		—
Total	2,500		623		7,423		10,546		1,035,349		1,045,895		1,451
Commercial real estate:
Construction	174		—		3,176		3,350		121,897		125,247		—
Single and multi-family	139		654		679		1,472		62,021		63,493		168
Commercial real estate	622		4,801		6,912		12,335		858,936		871,271		865
Total	935		5,455		10,767		17,157		1,042,854		1,060,011		1,033
Commercial and industrial loans
Asset based lending	—		—		—		—		294,241		294,241		—
Other commercial and industrial loans	1,136		386		1,477		2,999		320,197		323,196		42
Total	1,136		386		1,477		2,999		614,438		617,437		42
Consumer loans:
Home equity	732		54		1,655		2,441		230,236		232,677		572
Auto and other	524		231		390		1,145		212,026		213,171		142
Total	1,256		285		2,045		3,586		442,262		445,848		714
Total	$	5,827	$	6,749	$	21,712	$	34,288	$	3,134,903	$	3,169,191	$	3,240

Acquired Loans

(in thousands)	30-59 Days Past Due		60-89 Days Past Due		Greater Than 90 Days Past Due		Total Past Due		Acquired Credit Impaired		Total Loans		Past Due > 90 days and Accruing
December 31, 2014
Residential mortgages:
1-4 family	$	1,133	$	638	$	1,651	$	3,422	$	375	$	268,734	$	269
Construction	—		—		—		—		—		1,018		—
Total	1,133		638		1,651		3,422		375		269,752		269
Commercial real estate:
Construction	—		—		691		691		1,296		4,201		—
Single and multi-family	277		—		572		849		5,477		53,168		—
Commercial real estate	—		715		2,004		2,719		5,504		214,122		329
Total	277		715		3,267		4,259		12,277		271,491		329
Commercial and industrial loans
Asset based lending	—		—		—		—		—		—		—
Other commercial and industrial loans	202		32		855		1,089		986		51,175		—
Total	202		32		855		1,089		986		51,175		—
Consumer loans:
Home equity	176		95		1,049		1,320		171		65,951		466
Auto and other	1,170		944		1,363		3,477		—		103,351		194
Total	1,346		1,039		2,412		4,797		171		169,302		660
Total	$	2,958	$	2,424	$	8,185	$	13,567	$	13,809	$	761,720	$	1,258

Acquired Loans

(in thousands)	30-59 Days Past Due		60-89 Days Past Due		Greater Than 90 Days Past Due		Total Past Due		Acquired Credit Impaired		Total Loans		Past Due > 90 days and Accruing
December 31, 2013
Residential mortgages:
1-4 family	$	1,891	$	437	$	2,507	$	4,835	$	329	$	333,367	$	735
Construction	134		32		625		791				5,012		501
Total	2,025		469		3,132		5,626		329		338,379		1,236
Commercial real estate:
Construction	—		—		—		—		6,616		13,770		—
Single and multi-family	350		188		823		1,361		9,666		64,827		—
Commercial real estate	537		518		3,455		4,510		10,252		278,512		272
Total	887		706		4,278		5,871		26,534		357,109		272
Commercial and industrial loans
Asset based lending	—		—		—		—		—		3,130		—
Other commercial and industrial loans	440		135		1,074		1,649		3,036		66,726		153
Total	440		135		1,074		1,649		3,036		69,856		153
Consumer loans:
Home equity	425		545		637		1,607		—		74,154		35
Auto and other	2,606		641		1,641		4,888		—		171,834		82
Total	3,031		1,186		2,278		6,495		—		245,988		117
Total	$	6,383	$	2,496	$	10,762	$	19,641	$	29,899	$	1,011,332	$	1,778

Summary of information pertaining to non-accrual loans

	2014						2013
(In thousands)	Business Activities Loans		Acquired Loans		Total		Business Activities Loans		Acquired Loans		Total
Residential mortgages:
1-4 family	$	2,526	$	1,382	$	3,908	$	5,931	$	1,772	$	7,703
Construction	—		—		—		41		123		164
Total	2,526		1,382		3,908		5,972		1,895		7,867
Commercial real estate:
Construction	720		—		720		3,176		—		3,176
Single and multi-family	458		141		599		511		823		1,334
Other commerical real estate	8,762		1,675		10,437		6,047		3,183		9,230
Total	9,940		1,816		11,756		9,734		4,006		13,740
Commercial and industrial loans:
Asset based lending	—		—		—		—		—		—
Other commercial and industrial loans	850		811		1,661		1,434		921		2,355
Total	850		811		1,661		1,434		921		2,355
Consumer loans:
Home equity	1,157		583		1,740		1,083		602		1,685
Auto and other	305		1,169		1,474		249		1,559		1,808
Total	1,462		1,752		3,214		1,332		2,161		3,493
Total non-accrual loans	$	14,778	$	5,761	$	20,539	$	18,472	$	8,983	$	27,455

Schedule of loans evaluated for impairment

Business Activities Loans

(In thousands)	Residential		Commercial		Commercial
2014	mortgages		real estate		and industrial		Consumer		Total
Loans receivable:
Balance at end of year
Individually evaluated for impairment	$	3,238	$	22,015	$	743	$	452	$	26,448
Collectively evaluated	1,223,214		1,318,061		752,448		598,709		3,892,432
Total	$	1,226,452	$	1,340,076	$	753,191	$	599,161	$	3,918,880

Business Activities Loans
(In thousands)	Residential		Commercial		Commercial
2013	mortgages		real estate		and industrial		Consumer		Total
Loans receivable:
Balance at end of year
Individually evaluated for impairment	$	6,237	$	22,429	$	1,380	$	515	$	30,561
Collectively evaluated	1,039,658		1,037,582		616,057		445,333		3,138,630
Total	$	1,045,895	$	1,060,011	$	617,437	$	445,848	$	3,169,191

Acquired Loans
(In thousands)	Residential		Commercial		Commercial
2014	mortgages		real estate		and industrial		Consumer		Total
Loans receivable:
Balance at end of year
Individually evaluated for impairment	$	695	$	5,637	$	39	$	199	$	6,570
Collectively evaluated	269,057		265,854		51,136		169,103		755,150
Total	$	269,752	$	271,491	$	51,175	$	169,302	$	761,720

Acquired Loans
(In thousands)	Residential		Commercial		Commercial
2013	mortgages		real estate		and industrial		Consumer		Total
Loans receivable:
Balance at end of year
Individually evaluated for impairment	$	1,568	$	6,295	$	367	$	154	$	8,384
Collectively evaluated	336,811		350,814		69,489		245,834		1,002,948
Total	$	338,379	$	357,109	$	69,856	$	245,988	$	1,011,332

Summary of impaired loans

Business Activities Loans

	At December 31, 2014
(In thousands)	Recorded Investment		Unpaid Principal Balance		Related Allowance
With no related allowance:
Residential mortgages - 1-4 family	$	2,528	$	2,528	$	—
Commercial real estate - construction	16,990		16,990		—
Commercial real estate - single and multifamily	—		—		—
Other commercial real estate	102		102		—
Other commercial and industrial loans	743		743		—
Consumer - home equity	87		87		—
Consumer - other	—		—		—
With an allowance recorded:
Residential mortgages - 1-4 family	$	555	$	710	$	155
Commercial real estate - construction	3,511		4,431		920
Commercial real estate - single and multifamily	490		492		2
Other commercial real estate	—		—		—
Other commercial and industrial loans	—		—		—
Consumer - home equity	194		248		54
Consumer - other	105		117		12
Total
Residential mortgages	$	3,083	$	3,238	$	155
Commercial real estate	21,093		22,015		922
Commercial and industrial	743		743		—
Consumer	386		452		66
Total impaired loans	$	25,305	$	26,448	$	1,143

Acquired Loans

	At December 31, 2014
(In thousands)	Recorded Investment		Unpaid Principal Balance		Related Allowance
With no related allowance:
Residential mortgages - 1-4 family	$	189	$	189	$	—
Other commercial real estate loans	5,206		5,206		—
Other commercial and industrial loans	39		39		—
Consumer - home equity	—		—		—
With an allowance recorded:
Residential mortgages - 1-4 family	458		506		$	48
Other commercial real estate loans	383		431		48
Other commercial and industrial loans	—		—		—
Consumer - home equity	124		199		75
Total
Residential mortgages	$	647	$	695	$	48
Commercial real estate	5,589		5,637		48
Commercial and industrial	39		39		—
Consumer	124		199		75
Total impaired loans	$	6,399	$	6,570	$	171

Business Activities Loans

	At December 31, 2013
(In thousands)	Recorded Investment		Unpaid Principal Balance		Related Allowance
With no related allowance:
Residential mortgages - 1-4 family	$	3,406	$	3,406	$	—
Commercial real estate - construction	3,176		3,176		—
Commercial real estate - single and multifamily	—		—		—
Other commercial real estate loans	18,909		18,909		—
Other commercial and industrial loans	811		811		—
Consumer - home equity	270		270		—
With an allowance recorded:
Residential mortgages - 1-4 family	$	1,926	$	2,831	$	905
Commercial real estate - construction	—		—		—
Commercial real estate - single and multifamily	—		—		—
Other commercial real estate loans	125		344		219
Other commercial and industrial loans	514		569		55
Consumer - home equity	142		245		103
Total
Residential mortgages	$	5,332	$	6,237	$	905
Commercial real estate	22,210		22,429		219
Commercial and industrial loans	1,325		1,380		55
Consumer	412		515		103
Total impaired loans	$	29,279	$	30,561	$	1,282

Acquired Loans

	At December 31, 2013
(In thousands)	Recorded Investment		Unpaid Principal Balance		Related Allowance
With no related allowance:
Residential mortgages - 1-4 family	$	381	$	381	$	—
Other commercial real estate loans	3,853		3,853		—
Other commercial and industrial loans	367		367		—
With an allowance recorded:
Residential mortgages - 1-4 family	$	957	$	1,187	$	230
Other commercial real estate loans	1,954		2,442		488
Consumer - home equity	115		154		39
Total
Residential mortgages	$	1,338	$	1,568	$	230
Other commercial real estate loans	5,807		6,295		488
Other commercial and industrial loans	367		367		—
Consumer - home equity	115		154		39
Total impaired loans	$	7,627	$	8,384	$	757

Summary of the average recorded investment and interest income recognized on impaired loans

Business Activities Loans

	For the Year Ended December 31, 2014				For the Year Ended December 31, 2013
(in thousands)	Average Recorded Investment		Cash Basis Interest Income Recognized		Average Recorded Investment		Cash Basis Interest Income Recognized
With no related allowance:
Residential mortgages - 1-4 family	$	3,807	$	141	$	4,208	$	150
Commercial real estate - construction	18,218		704		3,997		30
Commercial real estate - single and multifamily	519		—		—		—
Other commercial real estate	9		—		22,653		885
Commercial and industrial	1,877		70		1,833		61
Consumer-home equity	234		3		1,008		9
Consumer-other	—		—		129		5
With an allowance recorded:
Residential mortgages - 1-4 family	$	648	$	31	$	2,359	$	44
Commercial mortages - construction	2,837		84		—		—
Commercial real estate - single and multifamily	1,213		—		—		—
Other commercial real estate	—		—		103		—
Commercial and industrial	—		—		14		3
Consumer-home equity	207		6		103		3
Consumer - other	120		4		—		—
Total
Residential mortgages	$	4,455	$	172	$	6,567	$	194
Commercial real esate	22,796		788		26,753		915
Commercial and industrial	1,877		70		1,847		64
Consumer loans	561		13		1,240		17
Total impaired loans	$	29,689	$	1,043	$	36,407	$	1,190

Acquired Loans

	For the Year Ended December 31, 2014				For the Year Ended December 31, 2013
(in thousands)	Average Recorded Investment		Cash Basis Interest Income Recognized		Average Recorded Investment		Cash Basis Interest Income Recognized
With no related allowance:
Residential mortgages - 1-4 family	$	841	$	8	$	736	$	5
Commercial real estate - construction	5,484		227		—		—
Other commercial real estate	—		—		2,864		111
Commercial and industrial	356		13		231		6
Consumer-home equity	41		—		—		—
With an allowance recorded:
Residential mortgages - 1-4 family	$	241	$	14	$	414	$	23
Commercial real estate - construction	108		4		—		—
Commercial real estate - single and multifamily	—		—		—		—
Other commercial real estate	—		—		1,997		67
Commercial and industrial	—		—		—		—
Consumer-home equity	51		6		38		3
Total
Residential mortgages	$	1,082	$	22	$	1,150	$	28
Commercial real esate	5,592		231		4,861		178
Commercial and industrial	356		13		231		6
Consumer loans	92		6		38		3
Total impaired loans	$	7,122	$	272	$	6,280	$	215

Schedule of recorded investment and number of modifications for TDRs identified during the period

	Modifications by Class
	For the twelve months ending December 31, 2014
	Number of Modifications	Pre-Modification Outstanding Recorded Investment (In thousands)		Post-Modification Outstanding Recorded Investment
Troubled Debt Restructurings
Residential- 1-4 Family	5	$	600	$	598
Residential- Construction	1	102		102
Commercial - Single and multifamily	1	623		623
Commercial - Other	10	9,190		9,190
	17	$	10,515	$	10,513

	Modifications by Class
	For the twelve months ending December 31, 2013
	Number of Modifications	Pre-Modification Outstanding Recorded Investment (In thousands)		Post-Modification Outstanding Recorded Investment
Troubled Debt Restructurings
Residential- 1-4 Family	7	$	1,152	$	1,152
Commercial - Single and multifamily	1	320		320
Commercial - Other	2	2,366		2,406
Commercial and industrial- Other	10	3,882		3,450
Consumer- Auto and other	7	443		442
	27	$	8,163	$	7,770

	Modifications by Class
	For the twelve months ending December 31, 2012
	Number of Modifications	Pre-Modification Outstanding Recorded Investment (In thousands)		Post-Modification Outstanding Recorded Investment
Troubled Debt Restructurings
Residential- 1-4 Family	3	$	468	$	467
Commercial - Single and multifamily	4	225		225
Commercial - Other	3	2,493		2,493
Commercial and industrial- Other	3	1,308		1,308
Consumer- Auto and other	1	133		133
	14	$	4,627	$	4,626

	Modifications that Subsequently Defaulted
	For the twelve months ending December 31, 2014
	Number of Contracts	Recorded Investment
Troubled Debt Restructurings
Commercial and industrial- Other	2	$	101

	Modifications that Subsequently Defaulted
	For the twelve months ending December 31, 2013
	Number of Contracts	Recorded Investment
Troubled Debt Restructurings
Residential- 1-4 Family	1	$	201
Commercial - Single and multifamily	5	261
Commercial - Other	7	1,961
Commercial and industrial- Other	1	55
	14	$	2,478

Schedule of TDR activity

(In thousands)	2014			2013
Balance at beginning of year	$	10,822		$	4,626
Principal payments	(2,651		)	(118		)
TDR status change (1)	(52		)	(1,164		)
Other reductions (2)	(1,918		)	(292		)
Newly identified TDRs	10,513			7,770
Balance at end of year	$	16,714		$	10,822

(1) TDR Status change classification represents TDR loans with a specified interest rate equal to or greater than the rate that the Company was willing to accept at the time of the restructuring for a new loan with comparable risk and  the loan was on current payment status and not impaired based on the terms specified by the restructuring agreement.

(2) Other Reductions classification consists of transfer to other real estate owned, charge-offs to loans, and other loan sale payoffs.