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Allowance for Loan Losses (Tables)
 12 Months Ended
Dec. 31, 2015
Allowance for Loan Losses [Abstract]  
Allowance for Credit Losses on Financing Receivables [Table Text Block]
The following tables present a summary of the changes in the allowance for loan losses for the periods indicated:
 
As of and for the year ended December 31,
 
2015
 
2014
 
2013
 
(In thousands)
Allowance for loan losses, beginning of year:
 
 
 
 
 
Commercial and industrial
$
14,114

 
$
12,837

 
$
11,825

Commercial real estate
43,854

 
44,979

 
52,497

Construction and land
4,041

 
4,465

 
5,016

Residential
10,374

 
10,732

 
10,892

Home equity
1,003

 
1,020

 
1,085

Consumer and other
382

 
322

 
540

Unallocated
2,070

 
2,016

 
2,202

Total allowance for loan losses, beginning of year
75,838

 
76,371

 
84,057

Provision/ (credit) for loan losses:
 
 
 
 
 
Commercial and industrial
(518
)
 
(237
)
 
11

Commercial real estate
(721
)
 
(1,940
)
 
(10,024
)
Construction and land
1,123

 
(1,905
)
 
(1,683
)
Residential
342

 
(2,247
)
 
1,824

Home equity
82

 
(32
)
 
271

Consumer and other
207

 
(93
)
 
(213
)
Unallocated (1)
(2,070
)
 
54

 
(186
)
Total provision/(credit) for loan losses
(1,555
)
 
(6,400
)
 
(10,000
)
Loans charged-off:
 
 
 
 
 
Commercial and industrial
(253
)
 
(717
)
 
(218
)
Commercial real estate
(1,400
)
 
(3,160
)
 
(2,712
)
Construction and land
—

 
(1,100
)
 
(100
)
Residential
(313
)
 
(263
)
 
(2,008
)
Home equity
—

 
—

 
(360
)
Consumer and other
(70
)
 
(56
)
 
(19
)
Total charge-offs
(2,036
)
 
(5,296
)
 
(5,417
)
 
As of and for the year ended December 31,
 
2015
 
2014
 
2013
 
(In thousands)
Recoveries on loans previously charged-off:
 
 
 
 
 
Commercial and industrial
2,471

 
2,231

 
1,219

Commercial real estate
2,482

 
3,975

 
5,218

Construction and land
1,158

 
2,581

 
1,232

Residential
141

 
2,152

 
24

Home equity
—

 
15

 
24

Consumer and other
1

 
209

 
14

Total recoveries
6,253

 
11,163

 
7,731

Allowance for loan losses at December 31 (end of year):
 
 
 
 
 
Commercial and industrial
15,814

 
14,114

 
12,837

Commercial real estate
44,215

 
43,854

 
44,979

Construction and land
6,322

 
4,041

 
4,465

Residential
10,544

 
10,374

 
10,732

Home equity
1,085

 
1,003

 
1,020

Consumer and other
520

 
382

 
322

Unallocated (1)
—

 
2,070

 
2,016

Total allowance for loan losses at December 31 (end of year)
$
78,500

 
$
75,838

 
$
76,371


____________________
(1)
As of December 31, 2015, the unallocated reserve was allocated to the qualitative factors as part of the general reserves (ASC 450). The allocation had no effect on the 2015 provision/ (credit) for loan losses.
The following tables present the Company’s allowance for loan losses and loan portfolio at December 31, 2015 and 2014 by portfolio segment, disaggregated by method of analysis. The Company had no loans acquired with deteriorated credit quality at December 31, 2015 or 2014.
 
Commercial and industrial
 
Commercial real estate
 
Construction and land
 
Residential
 
(In thousands)
Allowance for loan losses balance at December 31, 2015 attributable to:
 
 
 
 
 
 
 
Loans collectively evaluated
$
15,544

 
$
43,502

 
$
6,150

 
$
10,070

Loans individually evaluated
270

 
713

 
172

 
474

Total allowance for loan losses
$
15,814

 
$
44,215

 
$
6,322

 
$
10,544

 
 
 
 
 
 
 
 
Recorded investment (loan balance) at December 31, 2015:
 
 
 
 
 
 
 
Loans collectively evaluated
$
1,109,281

 
$
1,894,672

 
$
180,137

 
$
2,215,401

Loans individually evaluated
2,274

 
19,462

 
3,297

 
14,139

Total Loans
$
1,111,555

 
$
1,914,134

 
$
183,434

 
$
2,229,540

 
Home equity
 
Consumer and other
 
Unallocated
 
Total
(Continued from above)
(In thousands)
Allowance for loan losses balance at December 31, 2015 attributable to:
 
 
 
 
 
 
 
Loans collectively evaluated
$
1,085

 
$
520

 
$
—

 
$
76,871

Loans individually evaluated
—

 
—

 
—

 
1,629

Total allowance for loan losses
$
1,085

 
$
520

 
$
—

 
$
78,500

 
 
 
 
 
 
 
 
Recorded investment (loan balance) at December 31, 2015:
 
 
 
 
 
 
 
Loans collectively evaluated
$
119,828

 
$
160,721

 
$
—

 
$
5,680,040

Loans individually evaluated
—

 
—

 
—

 
39,172

Total Loans
$
119,828

 
$
160,721

 
$
—

 
$
5,719,212

 
Commercial and industrial
 
Commercial real estate
 
Construction and land
 
Residential
 
(In thousands)
Allowance for loan losses balance at December 31, 2014 attributable to:
 
 
 
 
 
 
 
Loans collectively evaluated
$
14,023

 
$
41,262

 
$
3,869

 
$
9,044

Loans individually evaluated
91

 
2,592

 
172

 
1,330

Total allowance for loan losses
$
14,114

 
$
43,854

 
$
4,041

 
$
10,374

 
 
 
 
 
 
 
 
Recorded investment (loan balance) at December 31, 2014:
 
 
 
 
 
 
 
Loans collectively evaluated
$
950,183

 
$
1,757,839

 
$
113,928

 
$
2,115,696

Loans individually evaluated
2,902

 
30,564

 
11,421

 
16,399

Total Loans
$
953,085

 
$
1,788,403

 
$
125,349

 
$
2,132,095

 
Home equity
 
Consumer and other
 
Unallocated
 
Total
(Continued from above)
(In thousands)
Allowance for loan losses balance at December 31, 2014 attributable to:
 
 
 
 
 
 
 
Loans collectively evaluated
$
1,003

 
$
382

 
$
2,070

 
$
71,653

Loans individually evaluated
—

 
—

 
—

 
4,185

Total allowance for loan losses
$
1,003

 
$
382

 
$
2,070

 
$
75,838

 
 
 
 
 
 
 
 
Recorded investment (loan balance) at December 31, 2014:
 
 
 
 
 
 
 
Loans collectively evaluated
$
114,809

 
$
155,138

 
$
—

 
$
5,207,593

Loans individually evaluated
50

 
1,007

 
—

 
62,343

Total Loans
$
114,859

 
$
156,145

 
$
—

 
$
5,269,936