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Note 10 - Fair Value of Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2018

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)		2018				2017				March 31, 2018				March 31, 2017
Mortgage-backed securities		$	1,505			$	1,590			$	(11	)		$	(7	)
Other securities			12,612				12,685				(138	)			32
Borrowed funds			38,692				36,986				(1,681	)			(570	)
Net loss from fair value adjustments (1)										$	(1,830	)		$	(545	)

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]

		Quoted Prices
		in Active Markets								Significant Other								Significant Other
		for Identical Assets								Observable Inputs								Unobservable Inputs								Total carried at fair value
		(Level 1)								(Level 2)								(Level 3)								on a recurring basis
		2018				2017				2018				2017				2018				2017				2018				2017
		(In thousands)
Assets:
Mortgage-backed Securities		$	-			$	-			$	512,781			$	509,650			$	-			$	-			$	512,781			$	509,650
Other securities			11,451				11,575				203,867				216,019				1,162				1,110				216,480				228,704
Interest rate swaps			-				-				21,854				7,388				-				-				21,854				7,388
Total assets		$	11,451			$	11,575			$	738,502			$	733,057			$	1,162			$	1,110			$	751,115			$	745,742
Liabilities:
Borrowings		$	-			$	-			$	-			$	-			$	38,692			$	36,986			$	38,692			$	36,986
Interest rate swaps			-				-				1,653				3,758				-				-				1,653				3,758
Total liabilities		$	-			$	-			$	1,653			$	3,758			$	38,692			$	36,986			$	40,345			$	40,744

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

		For the three months ended
		March 31, 2018								March 31, 2017
		Trust preferred				Junior subordinated				Trust preferred				Junior subordinated
		securities				debentures				securities				debentures
		(In thousands)
Beginning balance		$	1,110			$	36,986			$	7,361			$	33,959
Net gain from fair value adjustment of financial assets (1)			51				-				32				-
Net loss from fair value adjustment of financial liabilities (1)			-				1,681				-				570
Increase in accrued interest receivable			1				-				-				-
Increase in accrued interest payable			-				25				-				7
Change in unrealized gains included in other comprehensive income			-				-				1				-
Ending balance		$	1,162			$	38,692			$	7,394			$	34,536
Changes in unrealized gains held at period end		$	-			$	-			$	1			$	-

Fair Value Measurements, Nonrecurring [Table Text Block]

		Quoted Prices
		in Active Markets								Significant Other								Significant Other
		for Identical Assets								Observable Inputs								Unobservable Inputs								Total carried at fair value
		(Level 1)								(Level 2)								(Level 3)								on a recurring basis
		2018				2017				2018				2017				2018				2017				2018				2017
		(In thousands)
Assets:
Impaired loans		$	-			$	-			$	-			$	-			$	14,892			$	16,027			$	14,892			$	16,027
Other real estate owned			-				-				-				-				638				-				638				-
Other repossesed assets			-				-				-				-				106				-				106				-
Total assets		$	-			$	-			$	-			$	-			$	15,636			$	16,027			$	15,636			$	16,027

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

		March 31, 2018
		Carrying				Fair
		Amount				Value				Level 1				Level 2				Level 3
		(In thousands)
Assets:
Cash and due from banks		$	91,959			$	91,959			$	91,959			$	-			$	-
Securities held-to-maturity
Mortgage-backed securities			7,968				7,564				-				7,564				-
Other securities			23,267				21,347				-				-				21,347
Securities available for sale
Mortgage-backed securities			512,781				512,781				-				512,781				-
Other securities			216,480				216,480				11,451				203,867				1,162
Loans			5,312,864				5,283,891				-				-				5,283,891
FHLB-NY stock			54,045				54,045				-				54,045				-
Accrued interest receivable			22,578				22,578				10				1,874				20,694
Interest rate swaps			21,854				21,854				-				21,854				-
Liabilities:
Deposits		$	4,701,782			$	4,695,084			$	3,202,456			$	1,492,628			$	-
Borrowings			1,177,101				1,165,487				-				1,126,795				38,692
Accrued interest payable			5,288				5,288				-				5,288				-
Interest rate swaps			1,653				1,653				-				1,653				-

		December 31, 2017
		Carrying				Fair
		Amount				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				-
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				-

Fair Value, Measurements, Nonrecurring [Member]

Notes Tables

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

		March 31, 2018
		Fair Value				Valuation Technique		Unobservable Input		Range						Weighted Average
		(Dollars in thousands)
Assets:
Impaired loans		$	1,809			Income approach		Capitalization rate			6.0%	to	7.5%				6.8	%
								Reduction for planned expedited disposal				15.0%					15.0	%
Impaired loans		$	8,896			Sales approach		Adjustment to sales comparison value to reconcile differences between comparable sales			-50.0%	to	16.2%				-1.4	%
								Reduction for planned expedited disposal			-44.9%	to	15.0%				7.7	%
Impaired loans		$	4,187			Blended income and sales approach		Adjustment to sales comparison value to reconcile differences between comparable sales			-30.0%	to	25.0%				-0.4	%
								Capitalization rate			5.0%	to	9.8%				7.2	%
								Reduction for planned expedited disposal				15.0%					15.0	%
Other real estate owned		$	638			Sales approach		Adjustment to sales comparison value to reconcile differences between comparable sales			-3.5%	to	14.1%				5.3	%
Other repossesed assets		$	106			Sales approach		Reduction for planned expediated disposal				10.0%					10.0	%

		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 planned for 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 planned for 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 planned for expedited disposal				15.0%					15.0	%

Fair Value, Measurements, Recurring [Member]

Notes Tables

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

March 31, 2018

Fair Value

Valuation Technique

Unobservable Input

Range

Weighted Average

(Dollars in thousands)

Assets:

Trust preferred securities

$

1,162

Discounted cash flows

Discount rate

n/a

5.6

%

Liabilities:

Junior subordinated debentures

$

38,692

Discounted cash flows

Discount rate

n/a

5.6

%

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

%

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