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Fair Value Measurements and Fair Value of Financial Instruments (Tables) | 12 Months Ended
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Dec. 31, 2016
Fair Value Disclosures [Abstract] |
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block] | For financial assets and liabilities measured at fair value on a recurring basis, the fair value measurements by level within the fair value hierarchy used at December 31, 2016 and December 31, 2015 are as follows:
|  |  |  |  | December 31, 2016 |
|  |  |  |  | Fair Value Measurements at Reporting Date Using |
|  |  |  |  | Quoted Prices in Active Markets for Identical Assets (Level 1) |  |  | Significant Other Observable Inputs (Level 2) |  |  | Significant Unobservable Inputs (Level 3) |
(in thousands) |  |  |  |  |  |  |  |  |  |  |  |
Recurring fair value measurements: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Investment securities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Available-for-sale: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Federal agency obligations |  | $ | 52,837 |  |  | $ | - |  |  | $ | 52,837 |  |  | $ | - |
Residential mortgage pass- through securities |  |  | 72,497 |  |  |  | - |  |  |  | 72,497 |  |  |  | - |
Commercial mortgage pass- through securities |  |  | 4,209 |  |  |  | - |  |  |  | 4,209 |  |  |  | - |
Obligations of U.S. states and political subdivision |  |  | 150,605 |  |  |  | - |  |  |  | 132,387 |  |  |  | 18,218 |
Trust preferred securities |  |  | 5,666 |  |  |  | - |  |  |  | 5,666 |  |  |  | - |
Corporate bonds and notes |  |  | 36,928 |  |  |  | - |  |  |  | 36,928 |  |  |  | - |
Asset-backed securities |  |  | 14,583 |  |  |  | - |  |  |  | 14,583 |  |  |  | - |
Certificates of deposit |  |  | 983 |  |  |  | - |  |  |  | 983 |  |  |  | - |
Equity securities |  |  | 568 |  |  |  | 568 |  |  |  | - |  |  |  | - |
Other securities |  |  | 14,414 |  |  |  | 14,414 |  |  |  | - |  |  |  | - |
Total available-for-sale |  | $ | 353,290 |  |  | $ | 14,982 |  |  | $ | 320,090 |  |  | $ | 18,218 |
Derivatives |  |  | 88 |  |  |  | - |  |  |  | 88 |  |  |  | - |
Total assets |  | $ | 353,378 |  |  | $ | 14,982 |  |  | $ | 320,178 |  |  | $ | 18,218 |
|  |  |  |  | December 31, 2015 |
|  |  |  |  | Fair Value Measurements at Reporting Date Using |
|  |  |  |  | Quoted Prices in Active Markets for Identical Assets (Level 1) |  |  | Significant Other Observable Inputs (Level 2) |  |  | Significant Unobservable Inputs (Level 3) |
(in thousands) |  |  |  |  |  |  |  |  |  |  |  |
Recurring fair value measurements: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Investment securities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Available-for-sale: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Federal agency obligations |  | $ | 29,146 |  |  | $ | - |  |  | $ | 29,146 |  |  | $ | - |
Residential mortgage pass- through securities |  |  | 44,910 |  |  |  | - |  |  |  | 44,910 |  |  |  | - |
Commercial mortgage pass- through securities |  |  | 2,972 |  |  |  | - |  |  |  | 2,972 |  |  |  | - |
Obligations of U.S. states and political subdivision |  |  | 8,357 |  |  |  | - |  |  |  | 8,357 |  |  |  | - |
Trust preferred securities |  |  | 16,255 |  |  |  | - |  |  |  | 16,255 |  |  |  | - |
Corporate bonds and notes |  |  | 53,976 |  |  |  | - |  |  |  | 53,976 |  |  |  | - |
Asset-backed securities |  |  | 19,725 |  |  |  | - |  |  |  | 19,725 |  |  |  | - |
Certificates of deposit |  |  | 1,905 |  |  |  | - |  |  |  | 1,905 |  |  |  | - |
Equity securities |  |  | 374 |  |  |  | 374 |  |  |  | - |  |  |  | - |
Other securities |  |  | 18,150 |  |  |  | 18,150 |  |  |  | - |  |  |  | - |
Total assets |  | $ | 195,770 |  |  | $ | 18,524 |  |  | $ | 177,246 |  |  | $ | - |
Liabilities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Derivatives |  |  | (131) |  |  |  | - |  |  |  | (131 | ) |  |  | - |
Total liabilities |  | $ | (131) |  |  | $ | - |  |  | $ | (131 | ) |  | $ | - |
Fair Value, Assets and Liabilities Measured on Nonrecurring Basis, Valuation Techniques [Table Text Block] | The following methods and assumptions were used to estimate the fair values of the Company’s assets measured at fair value on a non-recurring basis for the periods presented. The tables below provide quantitative information about significant unobservable inputs used in fair value measurements within Level 3 hierarchy.
December 31, 2016 |  |  |  |  |  |  |  |  |
(dollars in thousands) |  | Fair Value |  | Valuation Techniques |  | Unobservable Input |  | Range (weighed average)
Impaired loans: |  |  |  |  |  |  |  |  |
Commercial real estate |  | $ | 1,099 |  | Appraisals of collateral value |  | Comparable sales |  | 0% - 15% (6%)
Loans held-for-sale: |  |  |  |  |  |  |  |  |
Commercial taxi medallion loans |  | $ | 65,596 |  | Market approach Discounted cash flows |  | Indications under securitized transactions Discount Rate Collateral value(1) |  | $50 million to $70 million 14% $627,000
| (1) | Represents weighted average value per corporate medallion and individual medallion.
December 31, 2015 |  |  |  |  |  |  |  |
(dollars in thousands) |  | Fair Value |  | Valuation Techniques |  | Unobservable Input |  | Range (weighed average)
Impaired loans: |  |  |  |  |  |  |  |  |
Commercial real estate |  | $ | 3,751 |  | Appraisals of collateral value |  | Market capitalization rates between 8%. Market rental rates for similar properties.
Fair Value, by Balance Sheet Grouping [Table Text Block] | The following presents the carrying amount, fair value, and placement in the fair value hierarchy of the Company’s financial instruments as of December 31, 2016 and December 31, 2015:
|  |  |  |  |  |  |  | Fair Value Measurements |
|  | Carrying Amount |  | Fair Value |  | Quoted Prices in Active Markets for Identical Assets (Level 1) |  | Significant Other Observable Inputs (Level 2) |  | Significant Unobservable Inputs (Level 3) |
|  | (in thousands) |
December 31, 2016 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Financial assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash and due from banks |  | $ | 200,399 |  | $ | 200,399 |  | $ | 200,399 |  | $ | - |  | $ | - |
Investment securities available-for-sale |  |  | 353,290 |  |  | 353,290 |  |  | 14,982 |  |  | 320,090 |  |  | 18,218 |
Restricted investment in bank stocks |  |  | 24,310 |  |  | n/a |  |  | n/a |  |  | n/a |  |  | n/a |
Loans held-for-sale |  |  | 78,005 |  |  | 78,005 |  |  | - |  |  | 12,409 |  |  | 65,596 |
Net loans |  |  | 3,450,088 |  |  | 3,462,138 |  |  | - |  |  | - |  |  | 3,462,138 |
Derivatives |  |  | 88 |  |  | 88 |  |  | - |  |  | 88 |  |  | - |
Accrued interest receivable |  |  | 12,965 |  |  | 12,965 |  |  | - |  |  | 2,026 |  |  | 10,939 |
Financial liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Noninterest-bearing deposits |  |  | 694,977 |  |  | 694,977 |  |  | 694,977 |  |  | - |  |  | - |
Interest-bearing deposits |  |  | 2,649,294 |  |  | 2,649,717 |  |  | 1,681,044 |  |  | 968,673 |  |  | - |
Borrowings |  |  | 476,280 |  |  | 478,286 |  |  | - |  |  | 478,286 |  |  | - |
Subordinated debentures |  |  | 54,534 |  |  | 55,901 |  |  | - |  |  | 55,901 |  |  | - |
Accrued interest payable |  |  | 4,142 |  |  | 4,142 |  |  | - |  |  | 4,142 |  |  | - |
December 31, 2015 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Financial assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash and due from banks |  | $ | 200,895 |  | $ | 200,895 |  | $ | 200,895 |  | $ | - |  | $ | - |
Investment securities available-for-sale |  |  | 195,770 |  |  | 195,770 |  |  | 18,524 |  |  | 177,246 |  |  | - |
Investment securities held-to-maturity |  |  | 224,056 |  |  | 230,558 |  |  | 29,226 |  |  | 182,774 |  |  | 18,558 |
Restricted investment in bank stocks |  |  | 32,612 |  |  | n/a |  |  | n/a |  |  | n/a |  |  | n/a |
Net loans |  |  | 3,072,435 |  |  | 3,059,343 |  |  | - |  |  | - |  |  | 3,059,343 |
Accrued interest receivable |  |  | 12,545 |  |  | 12,545 |  |  | 68 |  |  | 2,699 |  |  | 9,778 |
Financial liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Noninterest-bearing deposits |  |  | 650,775 |  |  | 650,775 |  |  | 650,775 |  |  | - |  |  | - |
Interest-bearing deposits |  |  | 2,140,191 |  |  | 2,137,149 |  |  | 1,359,651 |  |  | 777,498 |  |  | - |
Borrowings |  |  | 671,587 |  |  | 674,131 |  |  | - |  |  | 674,131 |  |  | - |
Subordinated debentures |  |  | 54,343 |  |  | 55,209 |  |  | - |  |  | 55,209 |  |  | - |
Derivatives |  |  | 131 |  |  | 131 |  |  | - |  |  | 131 |  |  | - |
Accrued interest payable |  |  | 4,387 |  |  | 4,387 |  |  | - |  |  | 4,387 |  |  | - |
Fair Value, Recurring basis [Table Text Block] | The table below presents a reconciliation of all assets measured at fair value of a recurring basis using significant unobservable inputs (Level 3) for the year ended December 31 (in thousands):
Balance of recurring Level 3 assets at |  |  | Municipal Securities |
January 1 |  |  | 2016 |  |  | 2015 |
Federal agency obligations |  | $ | - |  | $ | - |
Purchases |  |  | - |  |  | - |
Sales |  |  | - |  |  | - |
Transfer into Level 3 |  |  | - |  |  | - |
Transfers out of Level 3 |  |  | - |  |  | - |
Other(1) |  |  | 18,335 |  |  | - |
Principal paydowns |  |  | (117) |  |  | - |
Balance of recurring Level 3 assets |  |  |  |  |  |  |
At December 31 |  | $ | 18,218 |  | $ | - |
| (1) | Includes transfers from held-to-maturity to available-for-sale designation
Significant unobservable inputs used in fair value measurements [Table Text Block] | The following methods and assumptions were used to estimate the fair values of the Company’s assets measured at fair value on a recurring basis at December 31, 2016. The table below provide quantitative information about significant unobservable inputs used in fair value measurements within Level 3 hierarchy.
December 31, 2016 |  |  |  |  |  |  |  |  |  |  |
(dollars in thousands) |  | Fair Value |  |  | Valuation Techniques |  |  | Unobservable Input |  | Range |
Available-for-sale investments: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Municipal securities |  | $ | 18,218 |  |  |  | Discounted cash flows |  |  | Discount rate |  |  | 2.80%
Fair Value Measurements, Nonrecurring [Table Text Block] | The following methods and assumptions were used to estimate the fair values of the Company’s assets measured at fair value on a non-recurring basis for the periods presented. The tables below provide quantitative information about significant unobservable inputs used in fair value measurements within Level 3 hierarchy.
December 31, 2016 |  |  |  |  |  |  |  |  |
(dollars in thousands) |  | Fair Value |  | Valuation Techniques (Weightings) |  | Unobservable Input |  | Range (weighed average)
Impaired loans: |  |  |  |  |  |  |  |  |
Commercial real estate |  | $ | 1,099 |  | Appraisals of collateral value |  | Comparable sales |  | 0% - 15% (6%)
Loans held-for-sale: |  |  |  |  |  |  |  |  |
Commercial taxi medallion loans |  | $ | 65,596 |  | Market approach (70%) |  | Indications under securitized transactions expressed as a price to unpaid principal balance |  | 40 - 100 (59)
|  |  |  |  | Discounted cash flows (30%) |  | Discount Rate |  | 14%
December 31, 2015 |  |  |  |  |  |  |  |
(dollars in thousands) |  | Fair Value |  | Valuation Techniques |  | Unobservable Input |  | Range (weighed average)
Impaired loans: |  |  |  |  |  |  |  |  |
Commercial real estate |  | $ | 3,751 |  | Appraisals of collateral value |  | Comparable sales |  | 0% - 15% (6%)

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- Definition Tabular disclosure of the inputs and valuation techniques used to measure fair value, and a discussion of changes in valuation techniques and related inputs, if any, applied during the period to each separate class of assets, liabilities, and financial instruments classified in shareholders' equity that are measured on a recurring and/or nonrecurring basis. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (bbb) -URI http://asc.fasb.org/extlink&oid=66048111&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://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (bbb) -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19207-110258 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19190-110258 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19207-110258 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19207-110258 + Details
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- Definition Tabular disclosure of assets, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class 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://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19207-110258 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19190-110258 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66048111&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://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19190-110258 + Details
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