Business Combinations (Tables) - East River Bank (“ERB”) [Member]

12 Months Ended

Dec. 31, 2016

Fair Value Adjustments Made to Amortized Cost Basis

(Dollars in thousands)
Gross amortized cost basis at October 1, 2016	$	312,279
Interest rate fair value adjustment on pools of homogeneous loan		(200)
Credit fair value adjustment on pools of homogeneous loans		(4,846)
Credit fair value adjustment on impaired loans		(837)
Fair value of purchased loans at October 1, 2016	$	306,396

Information About Acquired ERB Loans Accounted for Under ASC 310-30

(Dollars in thousands)
Contractually required principal and interest at acquisition	$	3,142
Contractual cash flows not expected to be collected (nonaccretable discount)		(1,124)
Expected cash flows at acquisition	$	2,018
Interest component of expected cash flows (accretable discount)		(348)
Fair value of acquired loans	$	1,670

Schedule of Pro Forma Information

	(Unaudited)
	Years Ended December 31,
(Dollars in thousands, except per share data)	2016		2015
Net interest income after provision for credit losses	$	34,056	$	32,281
Non-interest income		6,777		5,565
Non-interest expense		29,245		27,169
Net income available to common stockholders		8,537		7,737
Net income per common share - basic		2.01		1.88
Net income per common share - diluted		1.98		1.84

Estimated Fair Value [Member]

Summary of Assets Acquired and Liabilities and Equity Assumed

(Dollars in thousands)
Total purchase price	$	43,310
Net assets acquired:
Cash and cash equivalents	$	3,116
AFS investment securities		3,027
Restricted stock		2,933
Loans		306,396
Premises and equipment		204
Deferred income taxes		1,713
Accrued interest receivable		1,098
Core deposit and other intangibles		508
Other assets		4,890
Deposits		(227,153)
FHLBP borrowings		(68,436)
Accrued interest payable		(129)
Other liabilities		(447)
Net assets acquired	$	27,720
Goodwill	$	15,590

Purchase Price Allocation [Member]

Summary of Assets Acquired and Liabilities and Equity Assumed

(Dollars in thousands)
Assets acquired:
Cash and cash equivalents	$	3,116
AFS investment securities		3,027
Loans		306,396
Goodwill		15,590
Core deposit and other intangible		508
Other assets		10,838
Total assets acquired	$	339,475
Liabilities assumed:
Deposits	$	227,153
FHLBP borrowings		68,436
Other liabilities		576
Total liabilities assumed	$	296,165
Consideration transferred	$	43,310
Cash paid	$	8,604
Fair value of common stock issued (1,368,527 shares - fair value per share of $25.36)		34,706