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Note 18 - Fair Value of Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2017

Notes Tables

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 December 31,				at December 31,				For the year ended December 31,
Description		2017				2016				2017				2016				2015
(Dollars in thousands)
Mortgage-backed securities		$	1,590			$	2,016			$	(26	)		$	(25	)		$	(59	)
Other securities			12,685				28,429				134				(38	)			53
Borrowed funds			36,986				33,959				(2,993	)			(4,908	)			(238	)
Net loss from fair value adjustments (1)										$	(2,885	)		$	(4,971	)		$	(244	)

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:
Securities available for sale
Mortgage-backed Securities		$	-			$	-			$	509,650			$	516,476			$	-			$	-			$	509,650			$	516,476
Other securities			11,575				-				216,019				337,544				1,110				7,361				228,704				344,905
Interest rate swaps			-				-				7,388				6,350				-				-				7,388				6,350
Total assets		$	11,575			$	-			$	733,057			$	860,370			$	1,110			$	7,361			$	745,742			$	867,731
Liabilities:
Borrowings		$	-			$	-			$	-			$	-			$	36,986			$	33,959			$	36,986			$	33,959
Interest rate swaps			-				-				3,758				3,386				-				-				3,758				3,386
Total liabilities		$	-			$	-			$	3,758			$	3,386			$	36,986			$	33,959			$	40,744			$	37,345

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

		For the year ended
		December 31, 2017								December 31, 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
Security call			(6,300	)			-				-				-
Net gain from fair value adjustment of financial assets (1)			134				-				149				-
Net loss from fair value adjustment of financial liabilities (1)			-				2,993				-				4,908
Increase(Decrease) in accrued interest			(87	)			34				-				33
Change in unrealized losses included in other comprehensive loss			2				-				-				-
Ending balance		$	1,110			$	36,986			$	7,361			$	33,959
Changes in unrealized held at period end		$	-			$	-			$	-			$	-

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

December 31, 2017

Fair Value

Valuation Technique

Unobservable Input

Range

Weighted Average

(Dollars in thousands)

Assets:

Trust preferred securities

$

1,110

Discounted cash flows

Discount rate

n/a

5.7

%

Liabilities:

Junior subordinated debentures

$

36,986

Discounted cash flows

Discount rate

n/a

5.7

%

		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				n/a						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		$	-			$	-			$	-			$	-			$	16,027			$	14,968			$	16,027			$	14,968
Other real estate owned			-				-				-				-				-				533				-				533
Total assets		$	-			$	-			$	-			$	-			$	16,027			$	15,501			$	16,027			$	15,501

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

		December 31, 2017
		Carrying Amount				Fair Value				Level 1				Level 2				Level 3
		(In thousands)
Assets:
Cash and due from banks		$	51,546			$	51,546			$	51,546			$	-			$	-
Securities held-to-maturity
Mortgage-backed securities			7,973				7,810				-				7,810				-
Other securities			22,913				21,889				-				-				21,889
Securities available for sale
Mortgage-backed securities			509,650				509,650				-				509,650				-
Other securities			228,704				228,704				11,575				216,019				1,110
Loans			5,176,999				5,169,108				-				-				5,169,108
FHLB-NY stock			60,089				60,089				-				60,089				-
Accrued interest receivable			21,405				21,405				16				1,916				19,473
Interest rate swaps			7,388				7,388				-				7,388				-
Total assets		$	6,086,667			$	6,077,589			$	63,137			$	802,872			$	5,211,580
Liabilities:
Deposits		$	4,383,278			$	4,380,174			$	3,031,345			$	1,348,829			$	-
Borrowings			1,309,653				1,310,487				-				1,273,501				36,986
Accrued interest payable			2,659				2,659				-				2,659				-
Interest rate swaps			3,758				3,758				-				3,758				-
Total liabilities		$	5,699,348			$	5,697,078			$	3,031,345			$	2,628,747			$	36,986

		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]

		At December 31, 2017
		Fair Value				Valuation Technique		Unobservable Input		Range						Weighted Average
		(Dollars in thousands)
Assets:
Impaired loans		$	1,818			Income approach		Capitalization rate			6.5%	to	7.5%				6.8	%
								Reduction for planned expedited disposal				15.0%					15.0	%
Impaired loans		$	10,003			Sales approach		Adjustment to sales comparison value to reconcile differences between comparable sales			-50.0%	to	16.2%				-0.8	%
								Reduction for planned expedited disposal			-30.9%	to	15.0%				8.7	%
Impaired loans		$	4,206			Blended income and sales approach		Adjustment to sales comparison value to reconcile differences between comparable sales			-30.0%	to	25.0%				-1.2	%
								Capitalization rate			5.0%	to	9.8%				7.2	%
								Reduction for planned expedited disposal				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	%

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- Definition

Tabular disclosure of assets and liabilities by class, including financial instruments measured at fair value that are classified in shareholders' equity, if any, that are measured at fair value on a nonrecurring basis in periods after initial recognition (for example, impaired assets). Disclosures may include, but are not limited to: (a) the fair value measurements recorded and the reasons for the measurements and (b) the level within the fair value hierarchy in which the fair value measurements are categorized in their entirety (levels 1, 2, 3).

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Tabular disclosure of the fair value measurement of assets using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes during the period attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets) and gains or losses recognized in other comprehensive income (loss), and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs), by class of asset.

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Tabular disclosure of the fair value of financial instruments, including financial assets and financial liabilities, and the measurements of those instruments, assets, and liabilities.

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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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