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Fair Values (Tables) | 12 Months Ended
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Dec. 31, 2018
Fair Value Measurement Inputs and Valuation Techniques [Line Items] |
Schedule of financial assets and liabilities measured on a recurring basis | The following table presents assets and liabilities measured at fair value on a recurring basis:
Fair Value Measurements at December 31, 2018 using:
(In thousands) |  | Level 1 |  | Level 2 |  | Level 3 |  | Balance at December 31, 2018
Assets |  |  |  |  |  |  |  |  |  |  |  |
Investment securities: |  |  |  |  |  |  |  |  |  |  |  |
U.S. Government sponsored entities’ asset-backed securities |  | — |  |  | 1,003,421 |  |  | — |  |  | 1,003,421 |
Equity securities |  | 1,225 |  |  | — |  |  | 424 |  |  | 1,649 |
Mortgage loans held for sale |  | — |  |  | 4,158 |  |  | — |  |  | 4,158 |
Mortgage IRLCs |  | — |  |  | 87 |  |  | — |  |  | 87 |
Liabilities |  |  |  |  |  |  |  |  |  |  |  |
Fair value swap |  | $ | — |  |  | $ | — |  |  | $ | 226 |  |  | $ | 226 |
Fair Value Measurements at December 31, 2017 using:
(In thousands) |  | Level 1 |  | Level 2 |  | Level 3 |  | Balance at December 31, 2017
Assets |  |  |  |  |  |  |  |  |  |  |  |
Investment securities: |  |  |  |  |  |  |  |  |  |  |  |
Obligations of U.S. Treasury and other U.S. Government sponsored entities |  | $ | — |  |  | $ | 242,720 |  |  | $ | — |  |  | $ | 242,720 |
U.S. Government sponsored entities’ asset-backed securities |  | — |  |  | 849,161 |  |  | — |  |  | 849,161 |
Equity securities |  | 1,518 |  |  | — |  |  | 417 |  |  | 1,935 |
Mortgage loans held for sale |  | — |  |  | 4,148 |  |  | — |  |  | 4,148 |
Mortgage IRLCs |  | — |  |  | 94 |  |  | — |  |  | 94 |
Liabilities |  |  |  |  |  |  |  |  |  |  |  |
Fair value swap |  | $ | — |  |  | $ | — |  |  | $ | 226 |  |  | $ | 226 |
Schedule of reconciliation of level 3 input for financial instruments measured on recurring basis | The table below is a reconciliation of the beginning and ending balances of the Level 3 inputs for the years ended December 31, 2018 and 2017, for financial instruments measured on a recurring basis and classified as Level 3:
Level 3 Fair Value Measurements
(In thousands) |  | Equity Securities |  | Fair Value Swap
Balance at January 1, 2018 |  | $ | 417 |  |  | $ | (226 | )
Total Gains (Losses) |  |  |  |
Included in other income |  | 7 |  |  | — |
Balance at December 31, 2018 |  | $ | 424 |  |  | $ | (226 | )
Balance at January 1, 2017 |  | $ | 790 |  |  | $ | (226 | )
Total Gains (Losses) |  |  |  |
Included in other comprehensive income |  | 6 |  |  | — |
Transfers out of Level 3 (1) |  | (346 | ) |  | — |
Purchases, sales, issuances and settlements, other, net |  | (33 | ) |  | — |
Balance at December 31, 2017 |  | $ | 417 |  |  | $ | (226 | )
Schedule of assets and liabilities measured at fair value on a nonrecurring basis |
Fair Value Measurements at December 31, 2018 Using:
(In thousands) |  | Level 1 |  | Level 2 |  | Level 3 |  | Balance at December 31, 2018
Impaired loans recorded at fair value: |  |  |  |  |  |  |  |
Commercial real estate |  | $ | — |  |  | $ | — |  |  | $ | 4,059 |  |  | $ | 4,059 |
Construction real estate |  | — |  |  | — |  |  | 1,635 |  |  | 1,635 |
Residential real estate |  | — |  |  | — |  |  | 705 |  |  | 705 |
Total impaired loans recorded at fair value |  | $ | — |  |  | $ | — |  |  | $ | 6,399 |  |  | $ | 6,399 |
Mortgage servicing rights |  | $ | — |  |  | $ | 1,169 |  |  | $ | — |  |  | $ | 1,169 |
OREO recorded at fair value: |  |  |  |  |  |  |  |
Commercial real estate |  | — |  |  | — |  |  | 2,295 |  |  | 2,295 |
Construction real estate |  | — |  |  | — |  |  | 729 |  |  | 729 |
Residential real estate |  | — |  |  | — |  |  | 650 |  |  | 650 |
Total OREO recorded at fair value |  | $ | — |  |  | $ | — |  |  | $ | 3,674 |  |  | $ | 3,674 |
Other repossessed assets |  | $ | — |  |  | $ | — |  |  | $ | 3,464 |  |  | $ | 3,464 |
Fair Value Measurements at December 31, 2017 Using:
(In thousands) |  | Level 1 |  | Level 2 |  | Level 3 |  | Balance at December 31, 2017
Impaired loans recorded at fair value: |  |  |  |  |  |  |  |
Commercial real estate |  | $ | — |  |  | $ | — |  |  | $ | 2,735 |  |  | $ | 2,735 |
Construction real estate |  | — |  |  | — |  |  | 127 |  |  | 127 |
Residential real estate |  | — |  |  | — |  |  | 712 |  |  | 712 |
Total impaired loans recorded at fair value |  | $ | — |  |  | $ | — |  |  | $ | 3,574 |  |  | $ | 3,574 |
MSRs |  | $ | — |  |  | $ | 7,316 |  |  | $ | — |  |  | $ | 7,316 |
OREO recorded at fair value: |  |  |  |  |  |  |  |
Commercial real estate |  | — |  |  | — |  |  | 2,295 |  |  | 2,295 |
Construction real estate |  | — |  |  | — |  |  | 3,204 |  |  | 3,204 |
Residential real estate |  | — |  |  | — |  |  | 1,021 |  |  | 1,021 |
Total OREO recorded at fair value |  | $ | — |  |  | $ | — |  |  | $ | 6,520 |  |  | $ | 6,520 |
Schedule of qualitative information about Level 3 fair value measurements for financial instruments measured at fair value on a non-recurring basis | The following tables present quantitative information about Level 3 fair value measurements for financial instruments measured at fair value on a non-recurring basis at December 31, 2018 and December 31, 2017:
December 31, 2018
(In thousands) |  | Fair Value |  | Valuation Technique |  | Unobservable Input(s) |  | Range (Weighted Average)
Impaired loans: |  |  |  |  |  |  |  |  |
Commercial real estate |  | $ | 4,059 |  |  | Sales comparison approach |  | Adj to comparables |  | 0.0% - 107.5% (31.1%)
|  |  |  | Income approach |  | Capitalization rate |  | 9.5% - 10.8% (10.6%)
|  |  |  | Cost approach |  | Accumulated depreciation |  | 4.2% - 90.1% (11.0%)
Construction real estate |  | $ | 1,635 |  |  | Sales comparison approach |  | Adj to comparables |  | 5.0% - 90.0% (26.1%)
Residential real estate |  | $ | 705 |  |  | Sales comparison approach |  | Adj to comparables |  | 0.0% - 40.0% (13.2%)
|  |  |  | Income approach |  | Capitalization rate |  | 10.5% (10.5%)
Other real estate owned: |  |  |  |  |  |  |  |
Commercial real estate |  | $ | 2,295 |  |  | Sales comparison approach |  | Adj to comparables |  | 0.9% - 68.4% (34.7%)
|  |  |  | Income approach |  | Capitalization rate |  | 13.0% (13.0%)
Construction real estate |  | $ | 729 |  |  | Sales comparison approach |  | Adj to comparables |  | 0.0% - 45.0% (21.7%)
Residential real estate |  | $ | 650 |  |  | Sales comparison approach |  | Adj to comparables |  | 30.4% - 54.6% (42.5%)
December 31, 2017
(In thousands) |  | Fair Value |  | Valuation Technique |  | Unobservable Input(s) |  | Range (Weighted Average)
Impaired loans: |  |  |  |  |  |  |  |  |
Commercial real estate |  | $ | 2,735 |  |  | Sales comparison approach |  | Adj to comparables |  | 0.0% - 90.0% (22.7%)
|  |  |  | Income approach |  | Capitalization rate |  | 9.0% - 11.0% (9.9%)
|  |  |  | Cost approach |  | Accumulated depreciation |  | 90.1% (90.1%)
Construction real estate |  | $ | 127 |  |  | Sales comparison approach |  | Adj to comparables |  | 0.0% - 4.8% (2.4%)
Residential real estate |  | $ | 712 |  |  | Sales comparison approach |  | Adj to comparables |  | 0.3% - 33.0% (12.5%)
|  |  |  | Income approach |  | Capitalization rate |  | 10.5% (10.5%)
Other real estate owned: |  |  |  |  |  |  |  |
Commercial real estate |  | $ | 2,295 |  |  | Sales comparison approach |  | Adj to comparables |  | 0.9% - 68.4% (34.7%)
|  |  |  | Income approach |  | Capitalization rate |  | 13.0% (13.0%)
Construction real estate |  | $ | 3,204 |  |  | Sales comparison approach |  | Adj to comparables |  | 0.0% - 90.0% (24.5%)
|  |  |  | Bulk sale approach |  | Discount rate |  | 15.0% (15.0%)
Residential real estate |  | $ | 1,021 |  |  | Sales comparison approach |  | Adj to comparables |  | 1.2% - 79.7% (31.8%)
Fair value, by balance sheet grouping | The fair value of financial instruments at December 31, 2018 and December 31, 2017, was as follows:
|  | December 31, 2018
|  |  |  | Fair Value Measurements
(In thousands) |  | Carrying value |  | Level 1 |  | Level 2 |  | Level 3 |  | Total fair value
Financial assets: |  |  |  |  |  |  |  |  |  |
Cash and money market instruments |  | $ | 167,214 |  |  | $ | 167,214 |  |  | $ | — |  |  | $ | — |  |  | $ | 167,214 |
Investment securities (1) |  | 1,355,229 |  |  | — |  |  | 1,354,843 |  |  | — |  |  | 1,354,843 |
Other investment securities (2) |  | 1,649 |  |  | 1,225 |  |  | — |  |  | 424 |  |  | 1,649 |
Mortgage loans held for sale |  | 4,158 |  |  | — |  |  | 4,158 |  |  | — |  |  | 4,158 |
Mortgage IRLCs |  | 87 |  |  | — |  |  | 87 |  |  | — |  |  | 87 |
Impaired loans carried at fair value |  | 6,399 |  |  | — |  |  | — |  |  | 6,399 |  |  | 6,399 |
Other loans, net (3) |  | 5,629,976 |  |  | — |  |  | — |  |  | 5,570,136 |  |  | 5,570,136 |
Loans receivable, net |  | $ | 5,640,620 |  |  | $ | — |  |  | $ | 4,245 |  |  | $ | 5,576,535 |  |  | $ | 5,580,780 |
Financial liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Time deposits |  | 1,043,177 |  |  | — |  |  | 1,044,620 |  |  | — |  |  | 1,044,620 |
Other |  | 1,267 |  |  | 1,267 |  |  | — |  |  | — |  |  | 1,267 |
Total deposits |  | $ | 1,044,444 |  |  | $ | 1,267 |  |  | $ | 1,044,620 |  |  | $ | — |  |  | $ | 1,045,887 |
Short-term borrowings |  | $ | 221,966 |  |  | $ | — |  |  | $ | 221,966 |  |  | $ | — |  |  | $ | 221,966 |
Long-term debt |  | 400,000 |  |  | — |  |  | 400,203 |  |  | — |  |  | 400,203 |
Subordinated notes |  | 15,000 |  |  | — |  |  | 12,959 |  |  | — |  |  | 12,959 |
Derivative financial instruments: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Fair value swap |  | $ | 226 |  |  | $ | — |  |  | $ | — |  |  | $ | 226 |  |  | $ | 226 |
(1) Includes AFS debt securities and HTM debt securities. (2) Excludes FHLB stock and FRB stock which are carried at their respective redemption values. Additionally, excludes investment securities accounted for at modified cost, as these investment securities do not have a readily determinable fair value. (3) Fair value calculated using an exit price notion consistent with Topic 820, Fair Value Measurement.
|  | December 31, 2017
|  |  |  | Fair Value Measurements
(In thousands) |  | Carrying value |  | Level 1 |  | Level 2 |  | Level 3 |  | Total fair value
Financial assets: |  |  |  |  |  |  |  |  |  |
Cash and money market instruments |  | $ | 169,112 |  |  | $ | 169,112 |  |  | $ | — |  |  | $ | — |  |  | $ | 169,112 |
Investment securities (1) |  | 1,449,078 |  |  | — |  |  | 1,455,660 |  |  | — |  |  | 1,455,660 |
Other investment securities (2) |  | 1,935 |  |  | 1,518 |  |  | — |  |  | 417 |  |  | 1,935 |
Loans held for sale |  | 4,148 |  |  | — |  |  | 4,148 |  |  | — |  |  | 4,148 |
Mortgage IRLCs |  | 94 |  |  | — |  |  | 94 |  |  | — |  |  | 94 |
Impaired loans carried at fair value |  | 3,574 |  |  | — |  |  | — |  |  | 3,574 |  |  | 3,574 |
Other loans, net |  | 5,314,679 |  |  | — |  |  | — |  |  | 5,247,021 |  |  | 5,247,021 |
Loans receivable, net |  | $ | 5,322,495 |  |  | $ | — |  |  | $ | 4,242 |  |  | $ | 5,250,595 |  |  | $ | 5,254,837 |
Financial liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Time deposits |  | 1,033,476 |  |  | — |  |  | 1,035,093 |  |  | — |  |  | 1,035,093 |
Other |  | 1,269 |  |  | 1,269 |  |  | — |  |  | — |  |  | 1,269 |
Total deposits |  | $ | 1,034,745 |  |  | $ | 1,269 |  |  | $ | 1,035,093 |  |  | $ | — |  |  | $ | 1,036,362 |
Short-term borrowings |  | $ | 391,289 |  |  | $ | — |  |  | $ | 391,289 |  |  | $ | — |  |  | $ | 391,289 |
Long-term debt |  | 500,000 |  |  | — |  |  | 504,503 |  |  | — |  |  | 504,503 |
Subordinated notes |  | 15,000 |  |  | — |  |  | 13,370 |  |  | — |  |  | 13,370 |
Derivative financial instruments: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Fair value swap |  | $ | 226 |  |  | $ | — |  |  | $ | — |  |  | $ | 226 |  |  | $ | 226 |
(1) Includes AFS debt securities and HTM debt securities. (2) Excludes FHLB stock and FRB stock which are carried at their respective redemption values. Additionally, excludes investment securities accounted for at modified cost, as these investment securities do not have a readily determinable fair value.
Impaired Financing Receivables [Table Text Block] |
|  | December 31, 2018
(In thousands) |  | Recorded Investment |  | Prior Charge-Offs |  | Specific Valuation Allowance |  | Carrying Balance
Impaired loans recorded at fair value |  | $ | 6,503 |  |  | $ | 3,630 |  |  | $ | 104 |  |  | $ | 6,399 |
Remaining impaired loans |  | 41,641 |  |  | 7,616 |  |  | 2,169 |  |  | 39,472 |
Total impaired loans |  | $ | 48,144 |  |  | $ | 11,246 |  |  | $ | 2,273 |  |  | $ | 45,871 |
|  | December 31, 2017
(In thousands) |  | Recorded Investment |  | Prior Charge-Offs |  | Specific Valuation Allowance |  | Carrying Balance
Impaired loans recorded at fair value |  | $ | 3,577 |  |  | $ | 2,780 |  |  | $ | 3 |  |  | $ | 3,574 |
Remaining impaired loans |  | 52,987 |  |  | 7,260 |  |  | 681 |  |  | 52,306 |
Total impaired loans |  | $ | 56,564 |  |  | $ | 10,040 |  |  | $ | 684 |  |  | $ | 55,880 |

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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
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- Definition Tabular disclosure of input and valuation technique used to measure fair value and change in valuation approach and technique for each separate class of asset and liability measured on recurring and nonrecurring basis. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (bbb) -URI http://asc.fasb.org/extlink&oid=99377789&loc=d3e19207-110258 + Details
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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). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=99377789&loc=d3e19207-110258 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (bbb) -URI http://asc.fasb.org/extlink&oid=99377789&loc=d3e19207-110258 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=99377789&loc=d3e19207-110258 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=99377789&loc=d3e19190-110258 + Details
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- Definition Tabular disclosure of the fair value of financial instruments, including financial assets and financial liabilities, and the measurements of those instruments, assets, and liabilities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=109250915&loc=d3e13467-108611 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=99377789&loc=d3e19207-110258 + Details
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- Definition Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=99377789&loc=d3e19190-110258 + Details
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