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Income Taxes (Tables) | 12 Months Ended
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Dec. 31, 2015
Income Tax Disclosure [Abstract] |
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block] | The current and deferred amounts of income tax expense for 2015, 2014 and 2013 are as follows (dollars in thousands):
|  | 2015 |  | 2014 |  | 2013
Current: |  |  |  |  |  |  |  |  |
Federal |  | $ | 22,512 |  | $ | 7,715 |  | $ | 5,658
State |  |  | 907 |  |  | 946 |  |  | 87
Subtotal |  |  | 23,419 |  |  | 8,661 |  |  | 5,745
Deferred: |  |  |  |  |  |  |  |  |
Federal |  |  | (3,835) |  |  | 223 |  |  | 1,906
State |  |  | 342 |  |  | (39) |  |  | (167)
Subtotal |  |  | (3,493) |  |  | 184 |  |  | 1,739
Income tax expense |  | $ | 19,926 |  | $ | 8,845 |  | $ | 7,484
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block] | Actual income tax expense differs from the tax computed based on pre-tax income and the applicable statutory federal tax rate for the following reasons (dollars in thousands):
|  | 2015 |  | 2014 |  | 2013
Income before income tax expense |  | $ | 61,237 |  | $ | 27,410 |  | $ | 27,409
Federal statutory rate |  |  | 35% |  |  | 35% |  |  | 35%
Computed “expected” Federal income tax |  |  |  |  |  |  |  |  |
expense |  |  | 21,433 |  |  | 9,593 |  |  | 9,593
State tax, net of Federal tax benefit |  |  | 812 |  |  | 589 |  |  | (53)
Bank owned life insurance |  |  | (624) |  |  | (456) |  |  | (477)
Tax-exempt interest and dividends |  |  | (1,584) |  |  | (1,511) |  |  | (1,645)
Other, net |  |  | (111) |  |  | 630 |  |  | 66
Income tax |  | $ | 19,926 |  | $ | 8,845 |  | $ | 7,484
Schedule of Deferred Tax Assets and Liabilities [Table Text Block] | The tax effects of temporary differences that give rise to significant portions of the deferred tax asset and deferred tax liability at December 31, 2015 and 2014 are presented in the following table:
|  | 2015 |  | 2014
|  | (dollars in thousands)
Deferred tax assets: |  |  |  |  |  |
Nonaccrual interest |  | $ | 349 |  | $ | 171
Allowance for loan and lease losses |  |  | 10,798 |  |  | 5,681
Pension actuarial losses |  |  | 2,605 |  |  | 2,980
Purchase accounting |  |  | 7,195 |  |  | 9,221
Deferred compensation |  |  | 1,479 |  |  | 1,066
Unrealized losses on securities and swaps |  |  | 422 |  |  | -
Deferred loan costs, net of fees |  |  | 460 |  |  | -
Accrued rent |  |  | 530 |  |  | 476
Other |  |  | 25 |  |  | 34
New Jersey net operating loss |  |  | - |  |  | 902
Capital lease |  |  | 427 |  |  | 389
Total deferred tax assets |  | $ | 24,290 |  | $ | 20,920
Deferred tax liabilities: |  |  |  |  |  |
Employee benefit plans |  | $ | 1,370 |  | $ | 1,199
Depreciation |  |  | 1,001 |  |  | 886
Market discount accretion |  |  | 41 |  |  | 91
Deferred loan costs, net of fees |  |  | - |  |  | 317
Prepaid expenses |  |  | 341 |  |  | 393
Unrealized gains on securities and swaps |  |  | - |  |  | 2,403
Other |  |  | 27 |  |  | 64
Total deferred tax liabilities |  |  | 2,780 |  |  | 5,353
Net deferred tax asset |  | $ | 21,510 |  | $ | 15,567

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- Definition Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32639-109319 + Details
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- Definition Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32537-109319 + Details
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- Definition Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32687-109319 + Details
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