0001157647 2018-01-01 2018-12-31 0001157647 2019-03-08 0001157647 2018-06-30 0001157647 2017-01-01 2017-12-31 0001157647 2016-01-01 2016-12-31 0001157647 us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember 2018-12-31 0001157647 us-gaap:AccumulatedOtherComprehensiveIncomeLossDerivativeQualifyingAsHedgeExcludedComponentIncludingPortionAttributableToNoncontrollingInterestMember 2018-12-31 0001157647 us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember 2018-12-31 0001157647 2018-12-31 0001157647 us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember 2017-12-31 0001157647 us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember 2017-12-31 0001157647 2017-12-31 0001157647 us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember 2018-01-01 2018-12-31 0001157647 us-gaap:AccumulatedOtherComprehensiveIncomeLossDerivativeQualifyingAsHedgeExcludedComponentIncludingPortionAttributableToNoncontrollingInterestMember 2018-01-01 2018-12-31 0001157647 us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember 2018-01-01 2018-12-31 0001157647 us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember 2017-01-01 2017-12-31 0001157647 us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember 2016-12-31 0001157647 us-gaap:AccumulatedOtherComprehensiveIncomeLossDerivativeQualifyingAsHedgeExcludedComponentIncludingPortionAttributableToNoncontrollingInterestMember 2017-01-01 2017-12-31 0001157647 us-gaap:AccumulatedOtherComprehensiveIncomeLossDerivativeQualifyingAsHedgeExcludedComponentIncludingPortionAttributableToNoncontrollingInterestMember 2016-12-31 0001157647 us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember 2017-01-01 2017-12-31 0001157647 us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember 2016-12-31 0001157647 2016-12-31 0001157647 wneb:MassachusettsAndGranbyAndEnfieldConnecticutMember 2018-12-31 0001157647 wneb:ChicopeeBancorpIncMember 2016-10-20 2016-10-21 0001157647 wneb:ChicopeeBancorpIncMember 2016-10-21 0001157647 wneb:DefinedContributionPension1Member 2018-01-01 2018-12-31 0001157647 us-gaap:SubsequentEventMember 2019-01-01 2019-01-02 0001157647 us-gaap:BuildingMember 2018-01-01 2018-12-31 0001157647 us-gaap:LeaseholdImprovementsMember srt:MinimumMember 2018-01-01 2018-12-31 0001157647 us-gaap:LeaseholdImprovementsMember srt:MaximumMember 2018-01-01 2018-12-31 0001157647 wneb:EquipmentAndFurnitureMember srt:MinimumMember 2018-01-01 2018-12-31 0001157647 wneb:EquipmentAndFurnitureMember srt:MaximumMember 2018-01-01 2018-12-31 0001157647 us-gaap:OtherDebtSecuritiesMember 2018-12-31 0001157647 wneb:StateAndMunicipalBondsMember 2018-12-31 0001157647 us-gaap:CorporateDebtSecuritiesMember 2018-12-31 0001157647 us-gaap:DebtSecuritiesMember 2018-12-31 0001157647 us-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember 2018-12-31 0001157647 us-gaap:MortgageBackedSecuritiesMember 2018-12-31 0001157647 us-gaap:OtherDebtSecuritiesMember 2017-12-31 0001157647 wneb:StateAndMunicipalBondsMember 2017-12-31 0001157647 us-gaap:CorporateDebtSecuritiesMember 2017-12-31 0001157647 us-gaap:DebtSecuritiesMember 2017-12-31 0001157647 us-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember 2017-12-31 0001157647 us-gaap:MortgageBackedSecuritiesMember 2017-12-31 0001157647 wneb:MutualFundsMember 2017-12-31 0001157647 us-gaap:DomesticCorporateDebtSecuritiesMember 2018-12-31 0001157647 us-gaap:USStatesAndPoliticalSubdivisionsMember 2017-12-31 0001157647 us-gaap:USStatesAndPoliticalSubdivisionsMember 2018-12-31 0001157647 us-gaap:USGovernmentSponsoredEnterprisesDebtSecuritiesMember 2017-12-31 0001157647 us-gaap:USGovernmentSponsoredEnterprisesDebtSecuritiesMember 2018-12-31 0001157647 us-gaap:CommercialRealEstateMember 2018-12-31 0001157647 us-gaap:ResidentialMortgageMember 2018-12-31 0001157647 us-gaap:HomeEquityMember 2018-12-31 0001157647 wneb:CommercialAndIndustrialMember 2018-12-31 0001157647 us-gaap:ConsumerLoanMember 2018-12-31 0001157647 us-gaap:CommercialRealEstateMember 2017-12-31 0001157647 us-gaap:ResidentialMortgageMember 2017-12-31 0001157647 us-gaap:HomeEquityMember 2017-12-31 0001157647 wneb:CommercialAndIndustrialMember 2017-12-31 0001157647 us-gaap:ConsumerLoanMember 2017-12-31 0001157647 us-gaap:CommercialRealEstateMember 2016-01-01 2016-12-31 0001157647 us-gaap:CommercialRealEstateMember 2015-12-31 0001157647 us-gaap:CommercialRealEstateMember 2016-12-31 0001157647 us-gaap:ResidentialPortfolioSegmentMember 2016-01-01 2016-12-31 0001157647 us-gaap:ResidentialPortfolioSegmentMember 2015-12-31 0001157647 us-gaap:ResidentialPortfolioSegmentMember 2016-12-31 0001157647 wneb:CommercialAndIndustrialMember 2016-01-01 2016-12-31 0001157647 wneb:CommercialAndIndustrialMember 2015-12-31 0001157647 wneb:CommercialAndIndustrialMember 2016-12-31 0001157647 us-gaap:ConsumerLoanMember 2016-01-01 2016-12-31 0001157647 us-gaap:ConsumerLoanMember 2015-12-31 0001157647 us-gaap:ConsumerLoanMember 2016-12-31 0001157647 wneb:UnallocatedMember 2016-01-01 2016-12-31 0001157647 wneb:UnallocatedMember 2015-12-31 0001157647 2015-12-31 0001157647 us-gaap:CommercialRealEstateMember 2017-01-01 2017-12-31 0001157647 us-gaap:ResidentialPortfolioSegmentMember 2017-01-01 2017-12-31 0001157647 us-gaap:ResidentialPortfolioSegmentMember 2017-12-31 0001157647 wneb:CommercialAndIndustrialMember 2017-01-01 2017-12-31 0001157647 us-gaap:ConsumerLoanMember 2017-01-01 2017-12-31 0001157647 wneb:UnallocatedMember 2017-01-01 2017-12-31 0001157647 wneb:UnallocatedMember 2017-12-31 0001157647 us-gaap:CommercialRealEstateMember 2018-01-01 2018-12-31 0001157647 us-gaap:ResidentialPortfolioSegmentMember 2018-01-01 2018-12-31 0001157647 us-gaap:ResidentialPortfolioSegmentMember 2018-12-31 0001157647 wneb:CommercialAndIndustrialMember 2018-01-01 2018-12-31 0001157647 us-gaap:ConsumerLoanMember 2018-01-01 2018-12-31 0001157647 wneb:UnallocatedMember 2018-01-01 2018-12-31 0001157647 wneb:UnallocatedMember 2018-12-31 0001157647 us-gaap:CommercialRealEstateMember us-gaap:FinancingReceivables30To59DaysPastDueMember 2018-12-31 0001157647 us-gaap:ResidentialMortgageMember us-gaap:FinancingReceivables30To59DaysPastDueMember 2018-12-31 0001157647 us-gaap:HomeEquityMember us-gaap:FinancingReceivables30To59DaysPastDueMember 2018-12-31 0001157647 wneb:CommercialAndIndustrialMember us-gaap:FinancingReceivables30To59DaysPastDueMember 2018-12-31 0001157647 us-gaap:ConsumerLoanMember us-gaap:FinancingReceivables30To59DaysPastDueMember 2018-12-31 0001157647 us-gaap:FinancingReceivables30To59DaysPastDueMember 2018-12-31 0001157647 us-gaap:ResidentialMortgageMember us-gaap:FinancingReceivables60To89DaysPastDueMember 2018-12-31 0001157647 us-gaap:HomeEquityMember us-gaap:FinancingReceivables60To89DaysPastDueMember 2018-12-31 0001157647 wneb:CommercialAndIndustrialMember us-gaap:FinancingReceivables60To89DaysPastDueMember 2018-12-31 0001157647 us-gaap:ConsumerLoanMember us-gaap:FinancingReceivables60To89DaysPastDueMember 2018-12-31 0001157647 us-gaap:FinancingReceivables60To89DaysPastDueMember 2018-12-31 0001157647 us-gaap:CommercialRealEstateMember us-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember 2018-12-31 0001157647 us-gaap:ResidentialMortgageMember us-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember 2018-12-31 0001157647 us-gaap:HomeEquityMember us-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember 2018-12-31 0001157647 wneb:CommercialAndIndustrialMember us-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember 2018-12-31 0001157647 us-gaap:ConsumerLoanMember us-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember 2018-12-31 0001157647 us-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember 2018-12-31 0001157647 us-gaap:CommercialRealEstateMember us-gaap:FinancingReceivables30To59DaysPastDueMember 2017-12-31 0001157647 us-gaap:ResidentialMortgageMember us-gaap:FinancingReceivables30To59DaysPastDueMember 2017-12-31 0001157647 us-gaap:HomeEquityMember us-gaap:FinancingReceivables30To59DaysPastDueMember 2017-12-31 0001157647 wneb:CommercialAndIndustrialMember us-gaap:FinancingReceivables30To59DaysPastDueMember 2017-12-31 0001157647 us-gaap:ConsumerLoanMember us-gaap:FinancingReceivables30To59DaysPastDueMember 2017-12-31 0001157647 us-gaap:FinancingReceivables30To59DaysPastDueMember 2017-12-31 0001157647 us-gaap:CommercialRealEstateMember us-gaap:FinancingReceivables60To89DaysPastDueMember 2017-12-31 0001157647 us-gaap:ResidentialMortgageMember us-gaap:FinancingReceivables60To89DaysPastDueMember 2017-12-31 0001157647 wneb:CommercialAndIndustrialMember us-gaap:FinancingReceivables60To89DaysPastDueMember 2017-12-31 0001157647 us-gaap:FinancingReceivables60To89DaysPastDueMember 2017-12-31 0001157647 us-gaap:CommercialRealEstateMember us-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember 2017-12-31 0001157647 us-gaap:ResidentialMortgageMember us-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember 2017-12-31 0001157647 us-gaap:HomeEquityMember us-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember 2017-12-31 0001157647 wneb:CommercialAndIndustrialMember us-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember 2017-12-31 0001157647 us-gaap:ConsumerLoanMember us-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember 2017-12-31 0001157647 us-gaap:FinancingReceivablesEqualToGreaterThan90DaysPastDueMember 2017-12-31 0001157647 us-gaap:HomeEquityMember 2018-01-01 2018-12-31 0001157647 us-gaap:HomeEquityMember 2017-01-01 2017-12-31 0001157647 wneb:ChicopeeBancorpIncMember 2018-01-01 2018-12-31 0001157647 wneb:ChicopeeBancorpIncMember 2017-12-31 0001157647 wneb:ChicopeeBancorpIncMember 2018-12-31 0001157647 us-gaap:CommercialRealEstateMember us-gaap:PassMember 2018-12-31 0001157647 us-gaap:CommercialRealEstateMember us-gaap:SpecialMentionMember 2018-12-31 0001157647 us-gaap:CommercialRealEstateMember us-gaap:SubstandardMember 2018-12-31 0001157647 us-gaap:ResidentialMortgageMember us-gaap:PassMember 2018-12-31 0001157647 us-gaap:ResidentialMortgageMember us-gaap:SubstandardMember 2018-12-31 0001157647 us-gaap:HomeEquityMember us-gaap:PassMember 2018-12-31 0001157647 us-gaap:HomeEquityMember us-gaap:SubstandardMember 2018-12-31 0001157647 wneb:CommercialAndIndustrialMember us-gaap:PassMember 2018-12-31 0001157647 wneb:CommercialAndIndustrialMember us-gaap:SpecialMentionMember 2018-12-31 0001157647 wneb:CommercialAndIndustrialMember us-gaap:SubstandardMember 2018-12-31 0001157647 us-gaap:ConsumerLoanMember us-gaap:PassMember 2018-12-31 0001157647 us-gaap:ConsumerLoanMember us-gaap:SubstandardMember 2018-12-31 0001157647 wneb:Pass11Member 2018-12-31 0001157647 wneb:SpecialMention11Member 2018-12-31 0001157647 wneb:Substandard11Member 2018-12-31 0001157647 us-gaap:CommercialRealEstateMember us-gaap:PassMember 2017-12-31 0001157647 us-gaap:CommercialRealEstateMember us-gaap:SpecialMentionMember 2017-12-31 0001157647 us-gaap:CommercialRealEstateMember us-gaap:SubstandardMember 2017-12-31 0001157647 us-gaap:ResidentialMortgageMember us-gaap:PassMember 2017-12-31 0001157647 us-gaap:ResidentialMortgageMember us-gaap:SubstandardMember 2017-12-31 0001157647 us-gaap:HomeEquityMember us-gaap:PassMember 2017-12-31 0001157647 us-gaap:HomeEquityMember us-gaap:SubstandardMember 2017-12-31 0001157647 wneb:CommercialAndIndustrialMember us-gaap:PassMember 2017-12-31 0001157647 wneb:CommercialAndIndustrialMember us-gaap:SpecialMentionMember 2017-12-31 0001157647 wneb:CommercialAndIndustrialMember us-gaap:SubstandardMember 2017-12-31 0001157647 us-gaap:ConsumerLoanMember us-gaap:PassMember 2017-12-31 0001157647 us-gaap:ConsumerLoanMember us-gaap:SubstandardMember 2017-12-31 0001157647 wneb:Pass11Member 2017-12-31 0001157647 wneb:SpecialMention11Member 2017-12-31 0001157647 wneb:Substandard11Member 2017-12-31 0001157647 us-gaap:LandMember 2018-12-31 0001157647 us-gaap:BuildingMember 2018-12-31 0001157647 us-gaap:LeaseholdImprovementsMember 2018-12-31 0001157647 wneb:EquipmentAndFurnitureMember 2018-12-31 0001157647 us-gaap:LandMember 2017-12-31 0001157647 us-gaap:BuildingMember 2017-12-31 0001157647 us-gaap:LeaseholdImprovementsMember 2017-12-31 0001157647 wneb:EquipmentAndFurnitureMember 2017-12-31 0001157647 us-gaap:CoreDepositsMember 2018-12-31 0001157647 us-gaap:SecuritiesSoldUnderAgreementsToRepurchaseMember 2017-12-31 0001157647 us-gaap:FederalHomeLoanBankCertificatesAndObligationsFHLBMember 2018-12-31 0001157647 us-gaap:FederalHomeLoanBankCertificatesAndObligationsFHLBMember 2017-12-31 0001157647 us-gaap:LineOfCreditMember 2018-12-31 0001157647 us-gaap:LineOfCreditMember 2017-12-31 0001157647 wneb:BankMember 2018-12-31 0001157647 wneb:Bank1Member 2018-12-31 0001157647 us-gaap:FederalHomeLoanBankCertificatesAndObligationsFHLBMember srt:MaximumMember 2018-12-31 0001157647 wneb:FederalHomeLoanBankAdvancesFixedMember 2018-12-31 0001157647 wneb:FederalHomeLoanBankAdvancesFixedMember 2017-12-31 0001157647 us-gaap:FederalHomeLoanBankAdvancesMember 2017-12-31 0001157647 us-gaap:LongTermDebtMember 2018-01-01 2018-12-31 0001157647 us-gaap:LongTermDebtMember 2017-01-01 2017-12-31 0001157647 us-gaap:LongTermDebtMember 2016-01-01 2016-12-31 0001157647 us-gaap:EmployeeStockOptionMember 2018-01-01 2018-12-31 0001157647 us-gaap:EmployeeStockOptionMember 2017-12-31 0001157647 us-gaap:EmployeeStockOptionMember 2018-12-31 0001157647 wneb:LongTermIncentiveProgramPriorMember wneb:ThresholdMember 2018-01-01 2018-12-31 0001157647 wneb:LongTermIncentiveProgramPriorMember wneb:TargetMember 2018-01-01 2018-12-31 0001157647 wneb:LongTermIncentiveProgramPreviousMember wneb:ThresholdMember 2018-01-01 2018-12-31 0001157647 wneb:LongTermIncentiveProgramPreviousMember wneb:AdjustedThresholdMember 2018-01-01 2018-12-31 0001157647 wneb:LongTermIncentiveProgramPreviousMember wneb:TargetMember 2018-01-01 2018-12-31 0001157647 wneb:LongTermIncentiveProgramPreviousMember wneb:AdjustedTargetMember 2018-01-01 2018-12-31 0001157647 wneb:LongTermIncentiveProgramPreviousMember srt:MaximumMember 2018-01-01 2018-12-31 0001157647 wneb:LongTermIncentiveProgramPreviousMember wneb:AdjustedMaximumMember 2018-01-01 2018-12-31 0001157647 wneb:LongTermIncentiveProgramCurrentMember wneb:ThresholdMember 2018-01-01 2018-12-31 0001157647 wneb:LongTermIncentiveProgramCurrentMember wneb:TargetMember 2018-01-01 2018-12-31 0001157647 wneb:LongTermIncentiveProgramCurrentMember wneb:StretchMember 2018-01-01 2018-12-31 0001157647 us-gaap:RestrictedStockMember 2018-01-01 2018-12-31 0001157647 us-gaap:RestrictedStockMember 2017-12-31 0001157647 us-gaap:RestrictedStockMember 2018-12-31 0001157647 wneb:LoanToEmployeeStockOwnershipPlanTrustMember 2018-12-31 0001157647 us-gaap:StockCompensationPlanMember 2014-05-31 0001157647 us-gaap:StockCompensationPlanMember 2015-01-01 2015-01-31 0001157647 wneb:LongTermIncentiveProgramPriorMember wneb:TimeBasedSharesMember 2018-01-01 2018-12-31 0001157647 wneb:LongTermIncentiveProgramPriorMember us-gaap:PerformanceSharesMember 2018-01-01 2018-12-31 0001157647 wneb:LongTermIncentiveProgramPriorMember 2016-05-01 2016-05-31 0001157647 wneb:LongTermIncentiveProgramPriorMember wneb:TimeBasedSharesMember 2016-05-01 2016-05-31 0001157647 wneb:LongTermIncentiveProgramPriorMember wneb:TimeBasedSharesMember us-gaap:ShareBasedCompensationAwardTrancheOneMember 2016-05-01 2016-05-31 0001157647 wneb:LongTermIncentiveProgramPriorMember wneb:TimeBasedSharesMember us-gaap:ShareBasedCompensationAwardTrancheTwoMember 2016-05-01 2016-05-31 0001157647 wneb:LongTermIncentiveProgramPriorMember us-gaap:PerformanceSharesMember 2016-05-01 2016-05-31 0001157647 wneb:LongTermIncentiveProgramPreviousMember 2017-05-01 2017-05-31 0001157647 wneb:LongTermIncentiveProgramPreviousMember wneb:TimeBasedSharesMember 2017-05-01 2017-05-31 0001157647 wneb:LongTermIncentiveProgramPreviousMember wneb:TimeBasedSharesMember us-gaap:ShareBasedCompensationAwardTrancheOneMember 2017-05-01 2017-05-31 0001157647 wneb:LongTermIncentiveProgramPreviousMember wneb:TimeBasedSharesMember us-gaap:ShareBasedCompensationAwardTrancheTwoMember 2017-05-01 2017-05-31 0001157647 wneb:LongTermIncentiveProgramPreviousMember us-gaap:PerformanceSharesMember 2017-05-01 2017-05-31 0001157647 wneb:LongTermIncentiveProgramPreviousMember us-gaap:PerformanceSharesMember wneb:ThresholdMember 2017-05-01 2017-05-31 0001157647 wneb:LongTermIncentiveProgramPreviousMember us-gaap:PerformanceSharesMember wneb:TargetMember 2017-05-01 2017-05-31 0001157647 wneb:LongTermIncentiveProgramPreviousMember us-gaap:PerformanceSharesMember srt:MaximumMember 2017-05-01 2017-05-31 0001157647 wneb:LongTermIncentiveProgramCurrentMember 2018-01-01 2018-01-31 0001157647 wneb:LongTermIncentiveProgramCurrentMember wneb:TimeBasedSharesMember 2018-01-01 2018-01-31 0001157647 wneb:LongTermIncentiveProgramCurrentMember wneb:TimeBasedSharesMember us-gaap:ShareBasedCompensationAwardTrancheOneMember 2018-01-01 2018-01-31 0001157647 wneb:LongTermIncentiveProgramCurrentMember wneb:TimeBasedSharesMember us-gaap:ShareBasedCompensationAwardTrancheTwoMember 2018-01-01 2018-01-31 0001157647 wneb:LongTermIncentiveProgramCurrentMember us-gaap:PerformanceSharesMember 2018-01-01 2018-01-31 0001157647 wneb:LongTermIncentiveProgramCurrentMember us-gaap:PerformanceSharesMember wneb:ThresholdMember 2018-01-01 2018-01-31 0001157647 wneb:LongTermIncentiveProgramCurrentMember us-gaap:PerformanceSharesMember wneb:TargetMember 2018-01-01 2018-01-31 0001157647 wneb:LongTermIncentiveProgramCurrentMember us-gaap:PerformanceSharesMember srt:MaximumMember 2018-01-01 2018-01-31 0001157647 wneb:RestrictedStockAwardPlanMember 2018-12-31 0001157647 2002-01-01 2002-01-31 0001157647 2007-01-01 2007-01-31 0001157647 wneb:FixedIncomeMember 2018-12-31 0001157647 wneb:UnitedStatesLargeCapEquityMember 2018-12-31 0001157647 wneb:InternationalEquityMember 2018-12-31 0001157647 wneb:USSmallMidCapEquityMember 2018-12-31 0001157647 wneb:ActualAssetAllocationMember 2018-12-31 0001157647 wneb:FixedIncomeMember 2017-12-31 0001157647 wneb:UnitedStatesLargeCapEquityMember 2017-12-31 0001157647 wneb:InternationalEquityMember 2017-12-31 0001157647 wneb:USSmallMidCapEquityMember 2017-12-31 0001157647 wneb:ActualAssetAllocationMember 2017-12-31 0001157647 us-gaap:MutualFundMember 2018-12-31 0001157647 us-gaap:MutualFundMember 2017-12-31 0001157647 us-gaap:MutualFundMember 2018-01-01 2018-12-31 0001157647 us-gaap:MutualFundMember 2017-01-01 2017-12-31 0001157647 wneb:DefinedContributionPension1Member 2017-01-01 2017-12-31 0001157647 wneb:DefinedContributionPension1Member 2016-01-01 2016-12-31 0001157647 us-gaap:PensionPlansDefinedBenefitMember 2018-01-01 2018-12-31 0001157647 us-gaap:OtherLiabilitiesMember wneb:InterestRateSwapAgreementMember us-gaap:DesignatedAsHedgingInstrumentMember 2018-12-31 0001157647 us-gaap:OtherLiabilitiesMember wneb:InterestRateSwapAgreementMember us-gaap:DesignatedAsHedgingInstrumentMember 2017-12-31 0001157647 wneb:InterestRateSwapAgreementMember 2018-12-31 0001157647 wneb:InterestRateSwapAgreementMember 2018-01-01 2018-12-31 0001157647 wneb:InterestRateSwapAgreementMember 2017-12-31 0001157647 wneb:InterestRateSwapAgreementMember 2017-01-01 2017-12-31 0001157647 us-gaap:InterestRateSwapMember us-gaap:CashFlowHedgingMember 2018-01-01 2018-12-31 0001157647 us-gaap:InterestRateSwapMember us-gaap:CashFlowHedgingMember 2017-01-01 2017-12-31 0001157647 us-gaap:InterestRateSwapMember us-gaap:CashFlowHedgingMember 2016-01-01 2016-12-31 0001157647 us-gaap:InterestRateSwapMember 2018-01-01 2018-12-31 0001157647 us-gaap:InterestRateSwapMember 2017-01-01 2017-12-31 0001157647 us-gaap:InterestRateSwapMember 2016-01-01 2016-12-31 0001157647 wneb:InterestRateSwap1Member 2016-01-01 2016-12-31 0001157647 wneb:InterestRateSwap1Member 2015-01-01 2015-12-31 0001157647 wneb:InterestRateSwap1Member 2016-12-31 0001157647 wneb:InterestRateSwap1Member 2015-12-31 0001157647 srt:SubsidiariesMember 2018-12-31 0001157647 srt:SubsidiariesMember 2017-12-31 0001157647 2017-01-31 0001157647 us-gaap:DomesticCountryMember 2018-01-01 2018-12-31 0001157647 us-gaap:DomesticCountryMember 2018-12-31 0001157647 wneb:ProductOrServiceMember 2017-12-31 0001157647 wneb:ProductOrService1Member 2017-12-31 0001157647 wneb:ProductOrService2Member 2017-12-31 0001157647 us-gaap:StandbyLettersOfCreditMember 2017-12-31 0001157647 wneb:ProductOrServiceMember 2018-12-31 0001157647 wneb:ProductOrService1Member 2018-12-31 0001157647 wneb:ProductOrService2Member 2018-12-31 0001157647 us-gaap:StandbyLettersOfCreditMember 2018-12-31 0001157647 srt:MinimumMember 2017-01-01 2017-12-31 0001157647 srt:MinimumMember 2018-01-01 2018-12-31 0001157647 srt:MaximumMember 2017-01-01 2017-12-31 0001157647 srt:MaximumMember 2018-01-01 2018-12-31 0001157647 wneb:RiskParticipationAgreementsMember 2018-12-31 0001157647 wneb:RiskParticipationAgreements1Member srt:MinimumMember 2018-01-01 2018-12-31 0001157647 wneb:RiskParticipationAgreements1Member srt:MaximumMember 2018-01-01 2018-12-31 0001157647 us-gaap:GeneralPartnerMember 2018-12-31 0001157647 us-gaap:GeneralPartnerMember us-gaap:OtherAssetsMember 2018-12-31 0001157647 us-gaap:FairValueMeasurementsRecurringMember us-gaap:FairValueInputsLevel1Member 2018-12-31 0001157647 us-gaap:FairValueMeasurementsRecurringMember us-gaap:USGovernmentSponsoredEnterprisesDebtSecuritiesMember us-gaap:FairValueInputsLevel2Member 2018-12-31 0001157647 us-gaap:FairValueMeasurementsRecurringMember us-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember us-gaap:FairValueInputsLevel2Member 2018-12-31 0001157647 us-gaap:FairValueMeasurementsRecurringMember us-gaap:CorporateDebtSecuritiesMember us-gaap:FairValueInputsLevel2Member 2018-12-31 0001157647 us-gaap:FairValueMeasurementsRecurringMember us-gaap:USStatesAndPoliticalSubdivisionsMember us-gaap:FairValueInputsLevel2Member 2018-12-31 0001157647 us-gaap:FairValueMeasurementsRecurringMember us-gaap:OtherDebtSecuritiesMember us-gaap:FairValueInputsLevel2Member 2018-12-31 0001157647 us-gaap:FairValueMeasurementsRecurringMember us-gaap:USGovernmentSponsoredEnterprisesDebtSecuritiesMember 2018-12-31 0001157647 us-gaap:FairValueMeasurementsRecurringMember us-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember 2018-12-31 0001157647 us-gaap:FairValueMeasurementsRecurringMember us-gaap:CorporateDebtSecuritiesMember 2018-12-31 0001157647 us-gaap:FairValueMeasurementsRecurringMember us-gaap:USStatesAndPoliticalSubdivisionsMember 2018-12-31 0001157647 us-gaap:FairValueMeasurementsRecurringMember us-gaap:OtherDebtSecuritiesMember 2018-12-31 0001157647 us-gaap:FairValueMeasurementsRecurringMember us-gaap:FairValueInputsLevel2Member 2018-12-31 0001157647 us-gaap:FairValueMeasurementsRecurringMember 2018-12-31 0001157647 us-gaap:FairValueMeasurementsRecurringMember wneb:MutualFundsMember us-gaap:FairValueInputsLevel1Member 2017-12-31 0001157647 us-gaap:FairValueMeasurementsRecurringMember us-gaap:FairValueInputsLevel1Member 2017-12-31 0001157647 us-gaap:FairValueMeasurementsRecurringMember us-gaap:USGovernmentSponsoredEnterprisesDebtSecuritiesMember us-gaap:FairValueInputsLevel2Member 2017-12-31 0001157647 us-gaap:FairValueMeasurementsRecurringMember us-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember us-gaap:FairValueInputsLevel2Member 2017-12-31 0001157647 us-gaap:FairValueMeasurementsRecurringMember us-gaap:CorporateDebtSecuritiesMember us-gaap:FairValueInputsLevel2Member 2017-12-31 0001157647 us-gaap:FairValueMeasurementsRecurringMember us-gaap:USStatesAndPoliticalSubdivisionsMember us-gaap:FairValueInputsLevel2Member 2017-12-31 0001157647 us-gaap:FairValueMeasurementsRecurringMember us-gaap:OtherDebtSecuritiesMember us-gaap:FairValueInputsLevel2Member 2017-12-31 0001157647 us-gaap:FairValueMeasurementsRecurringMember us-gaap:FairValueInputsLevel2Member 2017-12-31 0001157647 us-gaap:FairValueMeasurementsRecurringMember us-gaap:USGovernmentSponsoredEnterprisesDebtSecuritiesMember 2017-12-31 0001157647 us-gaap:FairValueMeasurementsRecurringMember us-gaap:MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember 2017-12-31 0001157647 us-gaap:FairValueMeasurementsRecurringMember us-gaap:CorporateDebtSecuritiesMember 2017-12-31 0001157647 us-gaap:FairValueMeasurementsRecurringMember us-gaap:USStatesAndPoliticalSubdivisionsMember 2017-12-31 0001157647 us-gaap:FairValueMeasurementsRecurringMember us-gaap:OtherDebtSecuritiesMember 2017-12-31 0001157647 us-gaap:FairValueMeasurementsRecurringMember wneb:MutualFundsMember 2017-12-31 0001157647 us-gaap:FairValueMeasurementsRecurringMember 2017-12-31 0001157647 us-gaap:FairValueMeasurementsNonrecurringMember us-gaap:FairValueInputsLevel3Member 2018-12-31 0001157647 us-gaap:FairValueMeasurementsNonrecurringMember wneb:ImpairedLoansMember 2018-01-01 2018-12-31 0001157647 us-gaap:FairValueMeasurementsNonrecurringMember us-gaap:FairValueInputsLevel3Member 2017-12-31 0001157647 us-gaap:FairValueMeasurementsNonrecurringMember wneb:ImpairedLoansMember 2017-01-01 2017-12-31 0001157647 us-gaap:CarryingReportedAmountFairValueDisclosureMember 2018-12-31 0001157647 us-gaap:FairValueInputsLevel1Member 2018-12-31 0001157647 us-gaap:FairValueInputsLevel2Member 2018-12-31 0001157647 us-gaap:FairValueInputsLevel3Member 2018-12-31 0001157647 us-gaap:CarryingReportedAmountFairValueDisclosureMember 2017-12-31 0001157647 us-gaap:FairValueInputsLevel1Member 2017-12-31 0001157647 us-gaap:FairValueInputsLevel2Member 2017-12-31 0001157647 us-gaap:FairValueInputsLevel3Member 2017-12-31 0001157647 srt:ParentCompanyMember 2018-12-31 0001157647 srt:ParentCompanyMember 2017-12-31 0001157647 srt:ParentCompanyMember 2018-01-01 2018-12-31 0001157647 srt:ParentCompanyMember 2017-01-01 2017-12-31 0001157647 srt:ParentCompanyMember 2016-01-01 2016-12-31 0001157647 srt:ParentCompanyMember 2016-12-31 0001157647 srt:ParentCompanyMember 2015-12-31 0001157647 2017-01-01 2017-03-31 0001157647 2017-04-01 2017-06-30 0001157647 2017-07-01 2017-09-30 0001157647 2017-10-01 2017-12-31 0001157647 2018-01-01 2018-03-31 0001157647 2018-04-01 2018-06-30 0001157647 2018-07-01 2018-09-30 0001157647 2018-10-01 2018-12-31 0001157647 us-gaap:CommonStockMember 2017-01-01 2017-12-31 0001157647 us-gaap:CommonStockMember 2016-12-31 0001157647 us-gaap:CommonStockMember 2017-12-31 0001157647 us-gaap:CommonStockMember 2016-01-01 2016-12-31 0001157647 us-gaap:CommonStockMember 2015-12-31 0001157647 us-gaap:AdditionalPaidInCapitalMember 2017-01-01 2017-12-31 0001157647 us-gaap:AdditionalPaidInCapitalMember 2016-12-31 0001157647 us-gaap:AdditionalPaidInCapitalMember 2017-12-31 0001157647 us-gaap:AdditionalPaidInCapitalMember 2016-01-01 2016-12-31 0001157647 us-gaap:AdditionalPaidInCapitalMember 2015-12-31 0001157647 wneb:EmployeeStockOwnershipPlanESOPPlanMember 2017-01-01 2017-12-31 0001157647 wneb:EmployeeStockOwnershipPlanESOPPlanMember 2016-12-31 0001157647 wneb:EmployeeStockOwnershipPlanESOPPlanMember 2017-12-31 0001157647 wneb:EmployeeStockOwnershipPlanESOPPlanMember 2016-01-01 2016-12-31 0001157647 wneb:EmployeeStockOwnershipPlanESOPPlanMember 2015-12-31 0001157647 us-gaap:DeferredCompensationShareBasedPaymentsMember 2017-01-01 2017-12-31 0001157647 us-gaap:DeferredCompensationShareBasedPaymentsMember 2016-12-31 0001157647 us-gaap:DeferredCompensationShareBasedPaymentsMember 2017-12-31 0001157647 us-gaap:DeferredCompensationShareBasedPaymentsMember 2016-01-01 2016-12-31 0001157647 us-gaap:DeferredCompensationShareBasedPaymentsMember 2015-12-31 0001157647 us-gaap:RetainedEarningsMember 2017-01-01 2017-12-31 0001157647 us-gaap:RetainedEarningsMember 2016-12-31 0001157647 us-gaap:RetainedEarningsMember 2017-12-31 0001157647 us-gaap:RetainedEarningsMember 2016-01-01 2016-12-31 0001157647 us-gaap:RetainedEarningsMember 2015-12-31 0001157647 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2017-01-01 2017-12-31 0001157647 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2016-12-31 0001157647 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2017-12-31 0001157647 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2016-01-01 2016-12-31 0001157647 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2015-12-31 0001157647 us-gaap:CommonStockMember 2018-01-01 2018-12-31 0001157647 us-gaap:CommonStockMember 2018-12-31 0001157647 us-gaap:AdditionalPaidInCapitalMember 2018-01-01 2018-12-31 0001157647 us-gaap:AdditionalPaidInCapitalMember 2018-12-31 0001157647 wneb:EmployeeStockOwnershipPlanESOPPlanMember 2018-01-01 2018-12-31 0001157647 wneb:EmployeeStockOwnershipPlanESOPPlanMember 2018-12-31 0001157647 us-gaap:DeferredCompensationShareBasedPaymentsMember 2018-01-01 2018-12-31 0001157647 us-gaap:DeferredCompensationShareBasedPaymentsMember 2018-12-31 0001157647 us-gaap:RetainedEarningsMember 2018-01-01 2018-12-31 0001157647 us-gaap:RetainedEarningsMember 2018-12-31 0001157647 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2018-01-01 2018-12-31 0001157647 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2018-12-31 0001157647 us-gaap:USGovernmentSponsoredEnterprisesDebtSecuritiesMember wneb:USGovernmentSponsoredEnterprisesDebtSecurities1Member 2017-12-31 0001157647 wneb:USGovernmentSponsoredEnterprisesDebtSecurities1Member 2017-12-31 0001157647 2019-01-29 0001157647 us-gaap:SubsequentEventMember 2019-01-02 0001157647 2018-06-29 0001157647 us-gaap:SubsequentEventMember 2019-01-01 2019-03-13 0001157647 us-gaap:AccumulatedOtherComprehensiveIncomeLossDerivativeQualifyingAsHedgeExcludedComponentIncludingPortionAttributableToNoncontrollingInterestMember 2017-12-31 iso4217:USD xbrli:shares iso4217:USD xbrli:shares wneb:Number xbrli:pure iso4217:USD wneb:Loans utr:H -1259000 -2152000 -2595000 -3664000 -9891000 -3854000 -4516000 -5358000 -6021000 -5816000 -2491000 -1084000 -1270000 -1316000 -1692000 -1635000 -7400000 -2770000 -3246000 -13416000 -4042000 -4329000 -12552000 -3839000 -5204000 -3618000 -12661000 -4181000 237000 -2126000 237000 -686000 -741000 -699000 -1101000 2235000 -1683000 -3595000 1411000 1083000 483000 1764000 -12000 16408000 12320000 4834000 16408000 12320000 4834000 5103000 3756000 3815000 -353000 3519000 5138000 3909000 3842000 0.57 0.41 0.25 0.17 0.13 0.13 -0.01 0.12 0.18 0.14 0.14 0.57 0.41 0.24 0.17 0.12 0.13 -0.01 0.12 0.18 0.14 0.14 Western New England Bancorp, Inc. 0001157647 10-K 2018-12-31 false --12-31 No No Yes false true false Non-accelerated Filer 327213777000 27263103 FY 2018 22 11919412 7.90 11.00 0.06 0.50 124000 8965000 98800000 2118822000 2083070000 716600000 243895000 254840000 545700000 208018000 164786000 640900000 7200000 7200000 10400 P39Y P5Y P20Y P3Y P7Y 263639000 293774000 25150000 2976000 49819000 77945000 20089000 185694000 25151000 3222000 56084000 84457000 16821000 202590000 6727000 77945000 185769000 165605000 35000 398000 33000 33000 1000 2000 36000 352000 388000 10000 10000 1000 9926000 5756000 1203000 65000 1651000 2919000 752000 7007000 770000 19000 292000 1081000 567000 4345000 330000 3778000 6255000 253748000 288416000 23947000 2944000 48168000 75059000 19338000 178689000 24381000 3239000 56144000 83764000 16254000 198255000 6397000 182001000 159351000 253748000 253748000 288416000 6397000 282019000 240000 40864000 30094000 6747000 241000 39846000 28561000 6411000 253748000 178689000 75059000 159351000 19338000 48168000 2944000 23947000 159351000 19338000 48168000 2944000 23947000 182001000 16254000 56144000 3239000 24381000 182001000 16254000 56144000 3239000 24381000 117000 1976000 281000 65000 837000 -281000 52000 1139000 451000 6600000 57800000 12470000 22453000 136829000 127000 106000 116000 14695000 15553000 1692456000 1625947000 768881000 577641000 97238000 243493000 5203000 732616000 557752000 92599000 238502000 4478000 650351000 674879000 732729000 17929000 18223000 570428000 7213000 96643000 595000 207663000 12248000 23582000 5143000 60000 1612606000 30177000 49673000 708992000 15098000 8526000 551469000 6283000 91903000 696000 205537000 24565000 8400000 4475000 3000 1562376000 39663000 23908000 4401000 4734000 12053000 10831000 10068000 5260000 3114000 135000 4712000 2733000 71000 3856000 4083000 2431000 2862000 2485000 3085000 22000 38000 46000 8840000 3311000 4000 3556000 -12000 1684804000 1619850000 286000 352000 465000 66000 113000 455000 528000 1900000 1360000 575000 -668000 579000 575000 135000 -46000 779000 433000 -144000 288000 4000 214000 863000 660000 179000 -16000 1150000 1048000 486000 170000 157000 159000 292000 148000 289000 319000 35000 645000 299000 171000 472000 451000 1139000 1065000 9000 25000 40000 142000 164000 81000 64000 369000 27000 20000 56000 12053000 10831000 5260000 3114000 135000 4712000 2733000 71000 3311000 4000 3556000 -12000 12396000 10524000 5237000 2345000 60000 3674000 2766000 120000 3964000 4754000 1665031000 1598298000 752770000 240235000 5143000 716571000 234582000 4358000 642787000 666883000 15029000 17125000 10874000 913000 12371000 1154000 3600000 3242000 12495000 12247000 4722000 4249000 847000 2562000 115000 2385000 6383000 683000 2690000 106000 1857000 1798000 600000 794000 93000 5142000 572000 5000 1463000 1000 2041000 2865000 1879000 242000 305000 21000 5312000 1951000 2992000 635000 1731000 65000 7374000 144000 1480000 797000 2421000 290000 1911000 48000 162000 41000 2452000 13484000 12755000 4701000 5856000 391000 2476000 60000 2959000 5961000 696000 3019000 120000 27425000 27649000 16111000 438000 3258000 60000 16045000 748000 3920000 120000 6816000 7558000 36021000 36198000 19081000 468000 7788000 70000 18773000 783000 9215000 129000 7298000 8614000 26703000 29685000 18215000 6630000 4388000 93000 14830000 7033000 4119000 85000 636000 359000 974000 1128000 842000 45000 237000 772000 51000 147000 4000 4000 29362000 24793000 4000000 23158000 19883000 2780000 -495000 6204000 4910000 1220000 -74000 6033000 4854000 742000 -437000 17125000 15029000 2038000 -58000 48205000 108448000 35400000 32600000 56600000 65800000 89000 63000 12500 0.1204 0.0025 84.48 256000 48991000 45764000 5651000 24144000 2372000 16824000 5651000 22693000 2220000 15200000 24367000 22264000 24624000 23500000 2055000 1965000 1429000 4500000 1800000 63620000 87394000 355389000 311851000 118542000 140081000 398396000 410223000 660046000 556533000 1595993000 1506082000 300531000 443187000 179780000 152346000 34000000 38328000 25381000 18787000 16841000 7398000 162000 179000 106000 1911000 1565000 1189000 9270000 6374000 5139000 340000 330000 147000 11683000 8448000 6581000 180300000 2500000 1400000 23800000 6900000 11650000 30880000 18418000 0.0010 63193000 65157000 9500000 9500000 50000000 1500000 58400000 6700000 0.0328 0.0158 0.0262 59300000 133000000 218300000 59250000 144650000 81891000 54652000 84269000 49105000 31766000 40535000 9461000 4434000 631000 5325000 735000 208018000 154786000 0.020 0.014 0.023 0.020 0.022 0.019 0.026 0.010 0.022 0.014 0.026 0.026 0.023 0.019 0.023 0.019 4200000 2300000 2300000 257050 238075 18975 921849 331628 18975 238075 6.31 6.33 6.03 6.33 P4Y4M28D P3Y9M18D P3Y5M8D P3Y5M8D 1175000 877000 89000 877000 0.0630 0.0687 0.0700 0.0763 0.0760 0.0828 0.0630 0.0680 0.0720 0.0650 0.0709 0.0720 0.0785 0.0790 0.0861 0.0685 0.0735 0.0775 0.0740 0.0790 0.0830 0.0585 0.0632 0.0638 0.0679 138833 155712 83812 48560 62740 36543 10352 26191 26197 89042 55159 21276 33883 33883 83812 50852 17908 32944 32960 62726 4207 8.98 9.87 11.05 9.44 10.63 447000 447000 447000 447000 447000 4184000 6419000 936522 899969 90978 93679 700124 791102 1727624 1784750 114000 5465000 1971000 114000 5465000 1971000 516000 845000 649000 262000 236053 P5Y P1Y P3Y P3Y P1Y P3Y P3Y P1Y P3Y P3Y 0.50 0.50 0.50 1.00 1.50 0.50 1.00 1.50 659000 21 1000 0.08 0.04 1305359 736000 18400000 0.08 960000 958000 630000 10300000 8600000 27309000 29345000 25819000 22458000 1269000 1139000 1130000 1012000 1002000 959000 -3887000 1987000 1846000 430000 602000 574000 18393000 19215000 16498000 15233000 10559000 4365000 2368000 734000 367000 10355000 5080000 2518000 877000 385000 -1192000 2519000 1039000 800000 800000 800000 430000 602000 574000 -8916000 -10130000 -9321000 21449000 21930000 19027000 0.0425 0.0360 0.0400 0.0400 1387000 1194000 1097000 170000 124000 102000 1064000 1071000 1094000 0.0360 0.0415 0.0435 0.0750 0.0750 0.0750 0.0400 0.0400 0.0400 18393000 19215000 n/a n/a Daily Daily P1D P1D 857000 1083000 1195000 1549000 1477000 14502000 1000 398000 370000 242000 1259000 2152000 35000000 55000000 32500000 47500000 P3Y8M12D P3Y3M18D 0.0279 0.0164 0.0354 0.0293 -1259000 -2152000 442000 31000 -1126000 1400000 1500000 2000000 1600000 1300000 2200000 1000000 3400000 2400000 P6Y P5Y 260000 247361000 255605000 235569000 245380000 0.1487 0.1553 0.1418 0.1494 133089000 131711000 132892000 131367000 0.0800 0.0800 0.0800 0.0800 166115000 164208000 0.1000 0.1000 235308000 244774000 223516000 234549000 0.1414 0.1487 0.1346 0.1428 99817000 98783000 99669000 98525000 0.0600 0.0600 0.0600 0.0600 132892000 131367000 0.0800 0.0800 235308000 244774000 223516000 234549000 0.1414 0.1487 0.1346 0.1428 74862000 74087000 74752000 73894000 0.0450 0.0450 0.0450 0.0450 107974000 106735000 0.0650 0.0650 235308000 244774000 223516000 234549000 0.1114 0.1184 0.1059 0.1136 84497000 82702000 84465000 82584000 0.0400 0.0400 0.0400 0.0400 105581000 103230000 0.0500 0.0500 237029000 247281000 238396000 139466000 237029000 247281000 304000 305000 183000 205996000 203527000 108210000 -6418000 -5786000 -6952000 -536000 -791000 -313000 51711000 62578000 49316000 -12661000 -12552000 -10978000 284000 182096000 -5171000 -872000 74108000 -13416000 7400000 4042000 3246000 4329000 2770000 4181000 236000 12487000 12487000 2652000 2336000 12053000 10831000 251333 3047000 2814200 0.10 0.10 132900000 131400000 0.01875 0.025 0.025 3910000 1505000 1925000 1586000 581000 370000 5496000 2086000 2295000 -542000 7613000 262000 -254000 702000 10000 -973000 2000 -796000 7342000 274000 4700000 9428000 2569000 -535000 -1511000 -330000 147000 1416000 2037000 5828000 1043000 1364000 1070000 1223000 0.2100 0.3500 0.3400 0.0500 0.032 0.034 -0.018 -0.028 -0.026 0.001 0.083 -0.045 0.184 0.012 0.223 0.433 0.347 3388000 3045000 1084000 1635000 2233000 2184000 1270000 1692000 2491000 1316000 91000 293000 344000 674000 487000 777000 509000 12210000 11303000 1122000 1226000 729000 1030000 416000 234000 71000 29000 2338000 2519000 9872000 8784000 3700000 5600000 2600000 9400000 1.50 2600000 3500000 4000000 2100000 1962000 2069000 449000 955000 1631000 1475000 837000 1034000 1513000 878000 229436000 40878000 42555000 9138000 259009000 53199000 45339000 11370000 1128000 995000 915000 887000 700000 4340000 P8Y P20Y 1200000 587000 368900000 322000000 45300000 47400000 0.0149 0.0149 0.1800 0.1800 323600000 274600000 1100000 1100000 798000 3000000 1400000 6408000 6408000 6408000 6408000 6408000 6397000 6397000 6408000 253748000 260156000 6397000 282019000 288416000 1259000 2152000 1259000 1259000 2152000 2152000 1259000 1259000 2152000 2152000 -612000 -256000 1676000 1495000 26789000 27132000 26789000 26789000 27132000 27132000 14695000 15553000 14695000 14695000 15553000 15553000 1684804000 1619850000 1631558000 1631558000 1581929000 1581929000 5652000 5946000 5652000 5652000 5946000 5946000 286000 352000 456000 456000 528000 528000 1595993000 1506082000 1592521000 1592521000 1503311000 1503311000 59250000 144650000 59247000 59247000 144650000 144650000 208018000 164786000 206789000 206789000 164016000 164016000 530000 441000 530000 530000 441000 441000 74000 120000 225238000 237056000 6419000 7135000 6803000 8422000 12164000 10529000 6419000 7135000 18311000 19967000 447000 424000 2118822000 2083070000 243895000 254840000 28712000 8561000 3499000 32000 571000 629000 670000 1000 4000 29284000 9194000 4652000 25982000 25431000 17386000 1837000 1646000 926000 571000 629000 670000 286000 298000 507000 2694000 2573000 2103000 21108000 21748000 7403000 26590000 6621000 2549000 5250000 5172000 5852000 5475000 4562000 6502000 4979000 5065000 -10717000 4188000 1955000 15873000 10809000 4504000 -10717000 4188000 1955000 1811000 -1318000 -6494000 -610000 -833000 -597000 -1628000 3549000 1564000 919000 2330000 271000 -1805000 -1607000 -1049000 24638000 18861000 930000 27401000 6576000 2609000 127000 106000 116000 4641000 3579000 2439000 4641000 3579000 2439000 22920000 9314000 1378000 22920000 9314000 1378000 144000 156000 20764000 -5991000 21855000 -27447000 -7428000 -1690000 -343000 -43102000 56531000 -46000 -852000 919000 74000 120000 972000 53000 -83000 -151000 455000 17957000 18327000 18516000 19239000 18732000 20464000 19605000 20189000 18978000 14645000 11285000 3454000 3584000 3720000 3887000 4010000 4599000 5000000 5369000 78990000 74039000 48598000 14503000 14743000 14796000 15352000 14722000 15865000 14605000 14820000 350000 350000 200000 510000 500000 750000 350000 300000 67000 -58000 48000 12000 -64000 46000 70000 -201000 -49000 -31000 -142000 -106000 -41000 -43000 48000 116000 111000 131000 715000 715000 1965000 2029000 2164000 2055000 2025000 2177000 2339000 2221000 9233000 8501000 5971000 2017000 2075000 2412000 1997000 1766000 2933000 2296000 2238000 46237000 44787000 35306000 10970000 11296000 11156000 11364000 11426000 11546000 11572000 11693000 199000 928000 110000 15000 292000 23000 613000 74000 9727000 4828000 1203000 1541000 737000 770000 544000 330000 19000 65000 3165000 6181000 20178000 95759000 9995000 2829000 26016000 1205000 68538000 7354000 227083000 159003000 23947000 38173000 14669000 24381000 15049000 6397000 1581000 1532000 111595000 148762000 20616000 21607000 1246000 322000 4927000 5203000 26789000 27132000 70234000 13703000 5652000 5946000 69252000 68762000 3688000 4063000 155000 355389000 311851000 1240604000 1194231000 221000 304000 1881793000 1835789000 284000 305000 182096000 203527000 5171000 5786000 872000 791000 74108000 62578000 0.01 0.01 5000000 5000000 0.01 0.01 75000000 75000000 28393348 30487309 28393348 30487309 57647000 53733000 32562000 12801000 11587000 7431000 347000 344000 205000 6920000 7333000 7387000 85000 104000 168000 152000 140000 180000 863000 678000 550000 175000 120000 115000 4380000 2261000 2266000 2915000 3936000 2438000 60012000 59394000 37313000 58112000 58034000 36738000 -6937000 -6389000 -4181000 1825000 1824000 1558000 -915000 48000 9000 131000 227000 8000 3974000 3774000 2587000 1561000 1533000 1084000 2638000 2372000 1696000 2810000 2559000 2177000 603000 620000 716000 526000 4051000 1395000 1296000 910000 7274000 6676000 4699000 -4814000 557000 -2381000 -281000 52000 1139000 26000 2288000 -4533000 505000 -1206000 -938000 22000 -413000 -3595000 483000 -793000 442000 31000 -1126000 -452000 -970000 -619000 -1068000 -1068000 -956000 551000 305000 152000 1411000 1764000 297000 -1328000 663000 1906000 -177000 -124000 -109000 -1505000 539000 1797000 -422000 527000 610000 -1083000 12000 1187000 15307000 14555000 3151000 12320000 4834000 2235000 -1683000 16408000 -1101000 9000 -21000 -387000 -9000 790000 -127000 -396000 -210000 300000 436000 325000 50000 51000 37000 1094000 2373000 194000 2417000 3181000 3447000 60000 845000 649000 262000 960000 958000 630000 144000 48000 9000 715000 -294000 164000 464000 6836000 16896000 67246000 87246000 25060000 53915000 59112000 66263000 15658000 -1196000 23808000 -858000 -571000 -3126000 203000 410000 3327000 2212000 1487000 100000 20000 2050000 -45745000 -55972000 33746000 90189000 -11097000 72270000 -85400000 -27701000 38944000 69578000 21185000 89933000 113000000 61420000 2264000 12000 -232817000 -83000 -151000 455000 258000 298000 674529000 18258000 617803000 98792000 <p style="font: 10pt Times New Roman, Times, Serif; text-align: left; margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>5.</b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<b>GOODWILL AND OTHER INTANGIBLES</b></font></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: left; margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif">At December 31, 2018 and December 31, 2017, the Company&#8217;s goodwill was related to the acquisition of Chicopee in October 2016. There was no goodwill impairment recorded during the years ended December 31, 2018 and 2017.&#160; Annually, or more frequently if events or changes in circumstances warrant such evaluation, the Company evaluates its goodwill for impairment.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif"><u>Core Deposit Intangibles</u></font></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif">In connection with the acquisition of Chicopee, the Bank recorded a core deposit intangible of $4.5 million which is amortized over twelve years using the straight-line method. Amortization expense was $375,000, $375,000 and $73,000 for the years ended December 31, 2018, 2017 and 2016. At December 31, 2018, future amortization of the core deposit intangible totaled $375,000 for each of the next five years and $1.8 million thereafter.</font></p> <table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="vertical-align: top"> <td style="width: 4%; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>17.</b></font></td> <td style="font-weight: bold; text-align: justify"><font style="font: normal 10pt Times New Roman, Times, Serif"><b>SEGMENT</b></font></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif">The Company, through its bank subsidiary, provides a broad range of financial services to individuals and companies primarily in western Massachusetts and northern Connecticut. These services include commercial lending, residential lending and consumer lending, checking, savings and time deposits, cash management, and wealth management. Substantially all of the Company&#8217;s revenues, profits, and assets are derived by the Bank from banking products and services. The Company did not have any reportable segments for the years ended December 31, 2018, 2017 or 2016.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: left; margin-top: 0pt; margin-bottom: 0pt"></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Nature of Operations and Basis of Presentation</b>. Western New England Bancorp, Inc. (&#8220;Western New England Bancorp,&#8221; &#8220;WNEB,&#8221; &#8220;Company,&#8221; &#8220;we,&#8221; or &#8220;us&#8221;) is a Massachusetts-chartered stock holding company for Westfield Bank, a federally-chartered savings bank (&#8220;Bank&#8221;).</font></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif">The Bank&#8217;s deposits are insured up to the maximum Federal Deposit Insurance Corporation (&#8220;FDIC&#8221;) coverage limits.&#160; The Bank operates 22 banking offices in western Massachusetts and northern Connecticut, and its primary sources of revenue is interest income from loans as well as interest income from investment securities.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Wholly-owned Subsidiaries and Acquisition</b>. Elm Street Securities Corporation, WFD Securities, Inc. and CSB Colts, Inc., are Massachusetts chartered securities corporations, formed for the primary purpose of holding qualified securities.&#160; WB Real Estate Holdings, LLC, is a Massachusetts-chartered limited liability company that holds real property acquired as security for debts previously contracted by the Bank.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif">On October 21, 2016, the Company acquired Chicopee Bancorp, Inc. (&#8220;Chicopee&#8221;), the holding company for Chicopee Savings Bank. The acquisition added eight full-service banking offices located in western Massachusetts. The primary purpose of the acquisition with Chicopee was to expand our presence in western Massachusetts and diversify our market area.&#160; The transaction qualified as a tax-free reorganization for federal income tax purposes.&#160; The consideration paid in the transaction to Chicopee&#8217;s shareholders consisted of 11,919,412 shares of common stock of the Company, net of shares of Chicopee already owned, and shares of Chicopee&#8217;s ESOP were liquidated to pay off the ESOP loan. Based upon the per share closing price on October 21, 2016, of $7.90, the transaction was valued at approximately $98.8 million. As a result of this transaction, we added eight branches, total assets of $716.6 million, total loans of $640.9 million and total deposits of $545.7 million to our franchise.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif">We accounted for the transaction using the acquisition method. Additionally, our results of operations include Chicopee&#8217;s operating results from the date of acquisition.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Principles of Consolidation</b>. The consolidated financial statements include the accounts of Western New England Bancorp, the Bank, CSB Colts, Inc., Elm Street Securities Corporation, WB Real Estate Holdings, LLC and WFD Securities, Inc.&#160; All material intercompany balances and transactions have been eliminated in consolidation.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Estimates</b>. The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States of America (&#8220;U.S. GAAP&#8221;) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of income and expenses for each.&#160; Actual results could differ from those estimates.&#160; Estimates that are particularly susceptible to significant change in the near-term relate to the determination of the allowance for loan losses, accounting for non-performing loans and the realizability of deferred tax assets.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Reclassifications. </b>Amounts in the prior year financial statements are reclassified when necessary to conform to the current year presentation.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Significant Group Concentrations of Credit Risk</b>. Most of the Company&#8217;s lending activities are with customers located within the New England region of the country.&#160; The Company does not have any significant concentrations to any one industry or customer.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Cash and Cash Equivalents</b>. We define cash on hand, cash due from banks, federal funds sold and interest-bearing deposits having an original maturity of 90 days or less as cash and cash equivalents.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Securities and Mortgage-Backed Securities</b>. Securities, including mortgage-backed securities, which have been identified as assets for which there is not a positive intent to hold to maturity are classified as available-for-sale and are carried at fair value with unrealized gains and losses, net of income taxes, reported as a separate component of comprehensive income (loss).&#160; We do not acquire securities and mortgage-backed securities for purposes of engaging in trading activities.&#160; Effective January 1, 2018, the Bank adopted Financial Accounting Standards Board (&#8220;FASB&#8221;) Accounting Standards Update (&#8220;ASU&#8221;) 2016-01, <i>Financial Instruments &#8212;Overall </i>(Subtopic 825-10): <i>Recognition and Measurement of Financial Assets and Financial Liabilities</i>.&#160; Consequently, marketable equity securities are measured at fair value with changes in fair value reported on the Company&#8217;s income statement as a component of non-interest income, regardless of whether such gains and losses are realized.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif">Realized gains and losses on sales of securities and mortgage-backed securities are computed using the specific identification method and are included in non-interest income on the trade date.&#160; The amortization of premiums and accretion of discounts is determined by using the level yield method to the maturity date.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Derivatives. </b>We enter into interest rate swap agreements as part of our interest-rate risk management strategy for certain assets and liabilities and not for speculative purposes.&#160; Based on our intended use for interest rate swaps, these are hedging instruments subject to hedge accounting provisions.&#160; Cash flow hedges are recorded at fair value in other assets or other liabilities within our balance sheets. Changes in the fair value of these cash flow hedges are initially recorded in accumulated other comprehensive income (loss) and subsequently reclassified into earnings when the forecasted transaction affects earnings.&#160; Any hedge ineffectiveness assessed as part of our quarterly analysis is recorded directly to earnings. We would discontinue hedge accounting if the derivative was not expected to be, or ceased to be, highly effective as a hedge, and record changes in fair value of the derivative in earnings.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Other-than-Temporary Impairment of Securities</b>. On a quarterly basis, we review securities available-for-sale with a decline in fair value below the amortized cost of the investment to determine whether the decline in fair value is temporary or other-than-temporary (&#8220;OTTI&#8221;).&#160; In estimating OTTI losses for securities available-for-sale, impairment is required to be recognized if (1) we intend to sell the security; (2) it is &#8220;more likely than not&#8221; that we will be required to sell the security before recovery of its amortized cost basis; or (3) for debt securities, the present value of expected cash flows is not sufficient to recover the entire amortized cost basis.&#160; For all impaired debt securities that we intend to sell, or more likely than not will be required to sell, the full amount of the other-than-temporary impairment is recognized through earnings.&#160; For all other impaired debt securities, credit-related other-than-temporary impairment is recognized through earnings, while non-credit related other-than-temporary impairment is recognized in other comprehensive income/loss, net of applicable taxes.&#160; Prior to January 1, 2018, marketable equity securities were evaluated for OTTI based upon the severity and duration of the impairment and, if deemed to be other than temporary, the declines in fair value were reflected in earnings as realized losses.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Fair Value Hierarchy</b>. We group our assets and liabilities measured at fair value in three levels, based on the markets in which the assets and liabilities are traded and the reliability of the assumptions used to determine fair value.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Level 1: </b>Valuation is based on quoted prices in active markets for identical assets.&#160; Level 1 assets generally include debt and equity securities that are traded in an active exchange market. Valuations are obtained from readily available pricing sources for market transactions involving identical assets.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Level 2: </b>Valuation is based on observable inputs other than Level 1 prices, such as quoted prices for similar assets and liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets and liabilities.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Level 3: </b>Valuation is based on unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets and liabilities. Level 3 assets include financial instruments whose value is determined using pricing models, discounted cash flow methodologies, or similar techniques, as well as instruments for which the determination of fair value requires significant management judgment or estimation.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif">Transfers between levels are recognized at the end of a reporting period, if applicable.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Federal Home Loan Bank of Boston Stock</b>. The Bank, as a member of the Federal Home Loan Bank of Boston (&#8220;FHLB&#8221;) system, is required to maintain an investment in capital stock of the FHLB.&#160; Based on the redemption provisions of the FHLB, the stock has no quoted market value and is carried at cost.&#160; At its discretion, the FHLB may declare dividends on the stock.&#160; Management reviews for impairment based on the ultimate recoverability of the cost basis in the FHLB stock.&#160; As of December 31, 2018, no impairment has been recognized.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Loans Held for Sale</b>. Loans originated and intended for sale in the secondary market are carried at the lower of amortized cost or fair value, as determined by aggregate outstanding commitments from investors or current investor yield requirements. Net unrealized losses, if any, are recognized through a valuation allowance by charges to non-interest income. Gains or losses on sales of mortgage loans are recognized based on the difference between the selling price and the carrying value of the related mortgage loans sold on the trade date and reported within non-interest income on the accompanying consolidated statements of net income.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Loans Receivable</b>. Loans are recorded at the principal amount outstanding, adjusted for charge-offs, the allowance for loan losses, unearned premiums, discounts and deferred loan fees and costs.&#160; Interest on loans is calculated using the effective yield method on daily balances of the principal amount outstanding and is credited to income on the accrual basis to the extent it is deemed collectible.&#160; Our general policy is to discontinue the accrual of interest when principal or interest payments are delinquent 90 days or more based on the contractual terms of the loan, or earlier if the loan is considered impaired. Any unpaid amounts previously accrued on these loans are reversed from income.&#160; Subsequent cash receipts are applied to the outstanding principal balance or to interest income if, in the judgment of management, collection of the principal balance is not in question.&#160; Loans are returned to accrual status when they become current as to both principal and interest and when subsequent performance reduces the concern as to the collectability of principal and interest. Loan fees, discounts and premiums on purchased loans, and certain direct loan origination costs are deferred and the net fee or cost is recognized as an adjustment to interest income over the estimated average lives of the related loans.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Allowance for Loan Losses</b>. The allowance for loan losses is established through provisions for loan losses charged to expense.&#160; Loans are charged-off against the allowance when management believes that the collectability of the principal is unlikely.&#160; Subsequent recoveries, if any, are credited to the allowance.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif">The allowance for loan losses is evaluated on a regular basis by management. This evaluation is inherently subjective as it requires estimates that are susceptible to significant revision as more information becomes available.&#160; The allowance consists of general, allocated and unallocated components, as further described below.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: bold 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif"><b><u>General component</u></b></font></p> <p style="font: bold 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif">The general component of the allowance for loan losses is based on historical loss experience adjusted for qualitative factors stratified by the following loan segments: residential real estate, commercial real estate, commercial and industrial, and consumer.&#160; Residential real estate loans include classes for residential and home equity.&#160; Management uses a rolling average of historical losses based on a time frame appropriate to capture relevant loss data for each loan segment.&#160; This historical loss factor is adjusted for the following qualitative factors: trends in delinquencies and nonperforming loans; trends in volume and terms of loans; internal credit ratings; effects of changes in risk selection; underwriting standards and other changes in lending policies, procedures and practices; and national and local economic trends and industry conditions.&#160; In 2018, there were no changes to the Company&#8217;s policies or methodology pertaining to the general component of the allowance for loan losses.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif">The qualitative factors are determined based on the various risk characteristics of each loan segment.&#160; Risk characteristics relevant to each loan portfolio segment are as follows:</font></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Commercial real estate loans</b>. Loans in this segment are primarily income-producing investment properties and owner-occupied commercial properties throughout New England.&#160; The underlying cash flows generated by the properties or operations can be adversely impacted by a downturn in the economy due to increased vacancy rates or diminished cash flows, which in turn, would have an effect on the credit quality in this segment.&#160; Management obtains financial information annually and continually monitors the cash flows of these loans.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Residential real estate loans</b>. Loans in this segment are collateralized by owner-occupied residential real estate and repayment is dependent on the credit quality of the individual borrower. The overall health of the economy, including unemployment rates and housing prices, will have an effect on the credit quality in this segment. We require private mortgage insurance for all loans originated with a loan-to-value ratio greater than 80% and do not grant subprime loans.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Commercial and industrial loans</b>. Loans in this segment are made to businesses and are generally secured by assets of the business.&#160; Repayment is expected from the cash flows of the business. A weakened economy, decreased consumer spending, changes in technology and government spending are examples of what will have an effect on the credit quality in this segment.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consumer loans</b>. Loans in this segment are both secured and unsecured and repayment is dependent on the credit quality of the individual borrower.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: bold 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif"><b><u>Allocated component</u></b></font></p> <p style="font: bold 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif">The allocated component relates to loans that are classified as impaired. Impaired loans are identified by analysis of loan performance, internal credit ratings and watch list loans that management believes are subject to a higher risk of loss.&#160; Impairment is measured on a loan by loan basis for commercial real estate and commercial and industrial loans by either the present value of expected future cash flows discounted at the loan&#8217;s effective interest rate or the fair value of the collateral if the loan is collateral dependent. An allowance is established when the discounted cash flows (or collateral value) of the impaired loan is lower than the carrying value of that loan. Large groups of smaller balance homogeneous loans are collectively evaluated for impairment. Accordingly, we do not separately identify individual consumer and residential real estate loans for impairment disclosures, unless such loans are nonperforming or subject to a troubled debt restructuring agreement.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif">A loan is considered impaired when, based on current information and events, it is probable that we will be unable to collect all of the principal or interest when due according to the contractual terms of the loan agreement.&#160; Factors considered by management in determining impairment include payment status, collateral value, and the probability of collecting scheduled principal and interest payments when due. Loans that experience insignificant payment delays and payment shortfalls generally are not classified as impaired. We determine the significance of payment delays and payment shortfalls on a case-by-case basis, taking into consideration all of the circumstances surrounding the loan and the borrower, including the length of the delay, the reasons for the delay, the borrower&#8217;s prior payment record, and the amount of the shortfall in relation to the principal and interest owed.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif">We may periodically agree to modify the contractual terms of loans. When a loan is modified and a concession is made to a borrower experiencing financial difficulty, the modification is considered a troubled debt restructuring (&#8220;TDR&#8221;).&#160; All TDRs are classified as impaired.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif">While we use our best judgment and information available, the ultimate appropriateness of the allowance is dependent upon a variety of factors beyond our control, including the performance of our loan portfolio, the economy, changes in interest rates and the view of the regulatory authorities toward loan classifications.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: bold 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif"><b><u>Unallocated component</u></b></font></p> <p style="font: bold 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif">An unallocated component may be maintained to cover uncertainties that could affect management&#8217;s estimate of probable losses. The unallocated component of the allowance reflects the margin of imprecision inherent in the underlying assumptions used in the methodologies for estimating allocated and general reserves in the portfolio.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Loans Acquired with Deteriorated Credit Quality. </b>Loans acquired in a transfer, including business combinations, where there is evidence of credit deterioration since origination and it is probable at the date of acquisition the Company will not collect all contractually required principal and interest payments, are accounted for under accounting guidance for purchased credit-impaired loans. This guidance provides that the excess of the cash flows initially expected to be collected over the fair value of the loans at the acquisition date (i.e., the accretable yield) is accreted into interest income over the estimated remaining life of the loans, provided that the timing and amount of future cash flows is reasonably estimated.&#160; The difference between the contractually required payments and the cash flows expected to be collected at acquisition is referred to as the nonaccretable difference. Subsequent to acquisition, probable decreases in expected cash flows are recognized through a provision for loan losses, resulting in an increase to the allowance for loan losses. If the Company has probable and significant increases in cash flows expected to be collected, the Company will first reverse any previously established allowance for loan losses and then increase interest income as a prospective yield adjustment.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Bank-owned Life Insurance. </b>Bank-owned life insurance policies are reflected on the consolidated balance sheets at cash surrender value. Changes in the net cash surrender value of the policies, as well as insurance proceeds received in excess of carrying value, are reflected in non-interest income on the consolidated statements of net income and are not subject to income taxes.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Transfers and Servicing of Financial Assets</b>. Transfers of financial assets are accounted for as sales, when control over the assets has been surrendered. Control over transferred assets is deemed to be surrendered when (1) the assets have been isolated from us, (2) the transferee obtains the right (free of conditions that constrain it from taking advantage of that right) to pledge or exchange the transferred assets, and (3) we do not maintain effective control over the transferred assets through an agreement to repurchase them before their maturity.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Other Real Estate Owned</b>. Other real estate owned (&#8220;OREO&#8221;) represents property acquired through foreclosure or deeded to us in lieu of foreclosure. OREO is initially recorded at the estimated fair value of the real estate acquired, net of estimated selling costs, establishing a new cost basis. Initial write-downs are charged to the allowance for loan losses at the time the loan is transferred to OREO. Subsequent valuations are periodically performed by management and the carrying value is adjusted by a charge to expense to reflect any subsequent declines in the estimated fair value. Operating costs associated with OREO are expensed as incurred.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Servicing</b>. The Company services mortgage loans for others. Mortgage servicing assets are recognized as separate assets at fair value when rights are acquired through purchase or retained through the sale of financial assets. Fair value is based on a valuation model that calculates the present value of estimated future net servicing income. The valuation model incorporates assumptions that market participants would use in estimating future net servicing income, such as the cost to service, the discount rate, the custodial earnings rate, an inflation rate, ancillary income, prepayment speeds and default rates and losses. Capitalized servicing rights are reported in other assets and are amortized into service charges and fee income in proportion to, and over the period of, the estimated future net servicing income of the underlying financial assets. Servicing assets are evaluated for impairment based upon the fair value of the rights as compared to the amortized cost. Impairment is determined by stratifying rights by predominant risk characteristics, such as interest rate, loan type and investor type. Impairment is recognized through a valuation allowance for an individual stratum, to the extent that the fair value is less than the capitalized amount for the stratum. Changes in the valuation allowance are reported in service charges and fee income.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif">Servicing fee income is recorded for fees earned for servicing loans, which is included in service charges and fee income. The fees are based on a contractual percentage of the outstanding principal or a fixed amount per loan and are recorded as income when earned.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Impairment of Long-lived Assets</b>. Long-lived assets, including premises and equipment and certain identifiable intangible assets that are held and used by the Company, are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. If the asset is determined to be impaired, it is written down to its estimated fair value through a charge to earnings.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif">Goodwill is measured as the excess of the cost of a business combination over the sum of the amounts assigned to identifiable intangible assets acquired less liabilities assumed. Goodwill is not amortized but rather assessed for impairment annually or more frequently if circumstances warrant.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif">Management has the option of first assessing qualitative factors, such as events and circumstances, to determine whether it is more likely than not, meaning a likelihood of more than 50%, the value of a reporting unit is less than its carrying amount. If, after considering all relevant events and circumstances, management determines it is not more likely than not the fair value of a reporting unit is less than its carrying amount, then performing an impairment test is unnecessary. For the year ended December 31, 2018, management determined that it was not more likely than not the fair value of the reporting unit (the consolidated Company, in our case) was less than its carrying amount. If management had determined otherwise, a fair value analysis would have been completed to determine the impairment and necessary write-down of goodwill.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Retirement Plans and Employee Benefits. </b>We provide a defined benefit pension plan for eligible employees in conjunction with a third-party provider. The compensation cost of an employee&#8217;s pension benefit is recognized on the projected unit credit method over the employee&#8217;s approximate service period. The aggregate cost method is utilized for funding purposes.&#160; Employees are also eligible to participate in a 401(k) plan through a third-party provider. We make matching contributions to this plan at 50% of up to 6% of the employees&#8217; eligible compensation.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Share-based Compensation Plans</b>. We measure and recognize compensation cost relating to share-based payment transactions based on the grant-date fair value of the equity instruments issued. Share-based compensation is recognized over the period the employee is required to provide services for the award. Reductions in compensation expense associated with forfeited options are estimated at the date of grant, and this estimated forfeiture rate is adjusted based on actual forfeiture experience. We use a binomial option-pricing model to determine the fair value of the stock options granted.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Employee Stock Ownership Plan</b>. Compensation expense for the Employee Stock Ownership Plan (&#8220;ESOP&#8221;) is recorded at an amount equal to the shares allocated by the ESOP multiplied by the average fair market value of the shares during the period. We recognize compensation expense ratably over the year based upon our estimate of the number of shares expected to be allocated by the ESOP. Unearned compensation applicable to the ESOP is reflected as a reduction of shareholders&#8217; equity in the consolidated balance sheets. The difference between the average fair market value and the cost of the shares allocated by the ESOP is recorded as an adjustment to additional paid-in capital.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Advertising Costs</b>. Advertising costs are accounted for using the accrual basis of accounting.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Income Taxes</b>. We use the asset and liability method for income tax accounting, whereby, deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates applied to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. Accordingly, changes resulting from the Tax Cuts and Jobs Act enacted on December 22, 2017 (the &#8220;Tax Act&#8221;) have been recognized in the consolidated financial statements as of and for the year ended December 31, 2017 (see Note 13). A valuation allowance related to deferred tax assets is established when, in the judgment of management, it is more likely than not that all or a portion of such deferred tax assets will not be realized based on the available evidence including historical and projected taxable income. We do not have any uncertain tax positions at December 31, 2018 which require accrual or disclosure. We record interest and penalties as part of income tax expense. No interest or penalties were recorded during the years ended December 31, 2018, 2017, or 2016.</font></p> <p style="font: bold 10pt Times New Roman, Times, Serif; text-align: left; margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Recent Accounting Pronouncements.</b></font></p> <p style="font: bold 10pt Times New Roman, Times, Serif; text-align: left; margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif">In February 2016, the FASB issued ASU 2016-02, <i>Leases</i> (Topic 842), which supersedes the requirements in Topic 840, <i>Leases</i>. The objective of Topic 842 is to establish the principles that lessees and lessors shall apply to report useful information to users of financial statements about the amount, timing, and uncertainty of cash flows arising from a lease. The core principle of Topic 842 is that a lessee should recognize the assets and liabilities that arise from leases. The amendments in this ASU are effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years.&#160; Early application of the amendments in this ASU is permitted for all entities. As of December 31, 2018, the Company had $9.0 million of future lease payments outstanding on operating leases pertaining to banking premises.&#160; Upon adoption of this ASU on January 1, 2019, the Company recorded an increase in assets of $7.2 million and an increase in liabilities of $7.2 million on the consolidated balance sheet as a result of recognizing the right-of-use assets and lease liabilities.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif">In June 2016, the FASB issued ASU 2016-13, <i>Financial Instruments&#8212;Credit Losses</i> (Topic 326), which requires entities to measure all expected credit losses for financial assets held at the reporting date based on historical experience, current conditions, and reasonable and supportable forecasts. The ASU also requires enhanced disclosures to help financial statement users better understand significant estimates and judgments used in estimating credit losses, as well as the credit quality and underwriting standards of an entity&#8217;s portfolio. These disclosures include qualitative and quantitative requirements that provide additional information about the amounts recorded in the financial statements. This ASU is effective for the first interim period in fiscal years beginning after December 15, 2019. Early application will be permitted for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2018.&#160;The Company is in the process of implementing the standard.&#160; We have put together a project team that has begun to identify appropriate loan segments along with related historical losses for each segment and potential models that would be most appropriate for each individual segment.&#160; We have not quantified the effects of any models, but do expect the standard to significantly change the approach to calculating our allowance for loan losses.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif">In March 2017, the FASB issued ASU 2017-08&#8212;<i>Receivables&#8212;Nonrefundable Fees and Other Costs</i> (Subtopic 310-20): <i>Premium Amortization on Purchased Callable Debt Securities</i>. This ASU amends guidance on the amortization period of premiums on certain purchased callable debt securities. Specifically, the amendments shorten the amortization period of premiums on certain purchased callable debt securities to the earliest call date. The amendments affect all entities that hold investments in callable debt securities that have an amortized cost basis in excess of the amount that is repayable by the issuer (that is, at a premium).&#160; The Company adopted ASU 2017-08 effective January 1, 2019, which reduced premiums on callable debt securities $10,400, with the offset being recorded as a cumulative-effect adjustment directly to retained earnings, net of tax.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif">In August 2017, the FASB issued ASU 2017-12, <i>Derivatives and Hedging </i>(Topic 815): <i>Targeted Improvements to Accounting for Hedging Activities</i>.&#160; The amendments in this ASU refine and expand hedge accounting for both financial (e.g., interest rate) and commodity risks.&#160; Its provisions create more transparency around how economic results are presented, both on the face of the financial statements and in the footnotes.&#160; It also makes certain targeted improvements to simplify the application of hedge accounting guidance.&#160; The ASU is effective for fiscal years beginning after December 15, 2019, and interim periods beginning after December 15, 2020.&#160; Early adoption, including adoption in the interim period, is permitted.&#160; Management does not expect the adoption of this ASU to have a material impact on our consolidated financial statements.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif">In August 2018, the FASB issued ASU 2018-13, <i>Fair Value Measurement </i>(Topic 820): <i>Disclosure Framework &#8211; Changes to the Disclosure Requirements for Fair Value Measurement</i>. This ASU removes and modifies the previously required disclosures relating to fair value measurements. Specifically, the ASU removes the required disclosure of amounts and reasons for transfers between Level 1 and Level 2 of the fair value hierarchy, the policy for timing of transfers between levels, the valuation process for Level 3 fair value measurements and the changes in unrealized gains and losses for the period included in earnings for recurring Level 3 fair value measurements held at the end of a reporting period.&#160; It also modifies the required roll forward of Level 3 fair value measurements to a disclosure of any transfers into and out of Level 3, increases disclosure for investments in entities that calculate net asset value, and clarifies the measurement of uncertainty disclosure.&#160; The ASU is effective for fiscal years beginning after December 15, 2019, including interim periods within those fiscal years. Early application of the amendments in this ASU is permitted for all entities. As this standard relates to disclosures, Management does not expect adoption to have a material impact on our consolidated financial statements.</font></p> 30380231 30487309 18267747 28393348 960000 958000 630000 326000 96000 632000 534000 345000 615000 845000 649000 262000 649000 262000 845000 12000 12000 98511000 125000 98386000 12469334 -4107000 -5000 -4102000 -519922 2864000 2864000 -236000 -236000 -30000 22837000 9163000 1833000 9000 2000 9154000 1831000 22000 22815000 -903813 -201296 -2198376 114000 5465000 1971000 9000 2000 5456000 1969000 114000 1000 1000 903000 484000 -904000 -485000 1000 925000 -926000 89042 62740 85440 144000 144000 4641000 3579000 2439000 3579000 2439000 4641000 90978 93679 79082 0.16 0.12 0.12 0.0080 0.0078 375000 375000 73000 375000 10000000 0.018 0.029 0.072 0.001 0.032 29734000 30755000 20659000 757000 849000 935000 90000 47000 16000 46000 17000 3000 96000 151000 93000 <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><b>3.</b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <b>LOANS</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Major classifications of loans at the periods indicated were as follows:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p> <table cellspacing="0" cellpadding="0" align="center" style="font: 10pt Times New Roman, Times, Serif; width: 80%"> <tr style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td colspan="6" style="white-space: nowrap; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center"><font style="font-size: 10pt"><b>December 31,</b></font></td> <td style="white-space: nowrap; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td colspan="2" style="white-space: nowrap; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center"><font style="font-size: 10pt"><b>2018</b></font></td> <td style="white-space: nowrap; vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td colspan="2" style="white-space: nowrap; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center"><font style="font-size: 10pt"><b>2017</b></font></td> <td style="white-space: nowrap; vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> <tr style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td colspan="6" style="white-space: nowrap; text-align: center; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">(In thousands)</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> <tr style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td colspan="6" style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF; font: 10pt Times New Roman, Times, Serif"> <td style="width: 54%; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">Commercial real estate</font></td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="width: 10%; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">768,881</font></td> <td style="white-space: nowrap; width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="width: 10%; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">732,616</font></td> <td style="white-space: nowrap; width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white; font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">Residential real estate:</font></td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF; font: 10pt Times New Roman, Times, Serif"> <td style="padding-left: 0.125in; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">Residential 1-4 family</font></td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">577,641</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">557,752</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white; font: 10pt Times New Roman, Times, Serif"> <td style="padding-left: 0.125in; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">Home equity</font></td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">97,238</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">92,599</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF; font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">Commercial and industrial</font></td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">243,493</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">238,502</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white; font: 10pt Times New Roman, Times, Serif"> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">Consumer</font></td> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">5,203</font></td> <td style="white-space: nowrap; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">4,478</font></td> <td style="white-space: nowrap; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF; font: 10pt Times New Roman, Times, Serif"> <td style="padding-left: 0.125in; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt"><b>Total gross loans</b></font></td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">1,692,456</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">1,625,947</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white; font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">Premiums and deferred loan fees and costs, net</font></td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">4,401</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">4,734</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF; font: 10pt Times New Roman, Times, Serif"> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">Allowance for loan losses</font></td> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">(12,053</font></td> <td style="white-space: nowrap; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">)</font></td> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">(10,831</font></td> <td style="white-space: nowrap; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">)</font></td></tr> <tr style="vertical-align: bottom; background-color: white; font: 10pt Times New Roman, Times, Serif"> <td style="padding-bottom: 3pt; padding-left: 0.125in; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt"><b>Net loans</b></font></td> <td style="padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">1,684,804</font></td> <td style="white-space: nowrap; padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">1,619,850</font></td> <td style="white-space: nowrap; padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">There were no residential real estate loan purchases in 2018.&#160; During 2017, the Company purchased residential real estate loans aggregating $48.2 million.&#160; These purchased loans are subject to underwriting standards that are consistent with our originated loans and we consider the risk attributes to be similar to originated loans.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><b>Loans Serviced for Others.</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company has transferred a portion of its originated commercial loans to participating lenders. The amounts transferred have been accounted for as sales and are therefore not included in our accompanying consolidated balance sheets. We continue to service the loans on behalf of the participating lenders. We share, on a pro-rated basis, with participating lenders any gains or losses that may result from a borrower&#8217;s lack of compliance with contractual terms of the loan.&#160; At December 31, 2018 and December 31, 2017, the Company was servicing commercial loans participated out to various other institutions totaling $35.4 million and $32.6 million, respectively.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Residential real estate mortgages are originated by the Bank both for its portfolio and for sale into the secondary market. The Bank may sell its loans to institutional investors such as the FHLMC. Under loan sale and servicing agreements with the investor, the Bank generally continues to service the residential real estate mortgages. The Bank pays the investor an agreed upon rate on the loan, which is less than the interest rate received from the borrower. The Bank retains the difference as a fee for servicing the residential real estate mortgages. The Bank capitalizes mortgage servicing rights at their fair value upon sale of the related loans, amortizes the asset over the estimated life of the serviced loan, and periodically assesses the asset for impairment. The significant assumptions used by a third party to estimate the fair value of capitalized servicing rights at December 31, 2018, include weighted average prepayment speed for the portfolio using the Public Securities Association Standard Prepayment Model (128 PSA), weighted average internal rate of return (12.04%), weighted average servicing fee (0.25%), and net cost to service loans ($84.48 per loan). The estimated fair value of capitalized servicing rights may vary significantly in subsequent periods primarily due to changing market interest rates, and their effect on prepayment speeds and discount rates.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">At December 31, 2018 and 2017, the Company was servicing residential mortgage loans owned by investors totaling $56.6 million and $65.8 million, respectively. Net service fee income of $89,000, $63,000 and $12,500 was recorded for the years ended December 31, 2018, 2017 and 2016, respectively, and is included in service charges and fees on the consolidated statements of net income.&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">A summary of the activity in the balances of mortgage servicing rights follows:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p> <table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 80%"> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td colspan="6" style="white-space: nowrap; vertical-align: bottom; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center"><font style="font-size: 10pt"><b>Years Ended December 31,</b></font></td> <td style="white-space: nowrap; vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td colspan="2" style="white-space: nowrap; vertical-align: bottom; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center"><font style="font-size: 10pt"><b>2018</b></font></td> <td style="white-space: nowrap; vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td colspan="2" style="white-space: nowrap; vertical-align: bottom; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center"><font style="font-size: 10pt"><b>2017</b></font></td> <td style="white-space: nowrap; vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td colspan="6" style="white-space: nowrap; text-align: center; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">(In thousands)</font></td> <td style="white-space: nowrap; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF; font: 10pt Times New Roman, Times, Serif"> <td style="width: 56%; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt"><b>Balance at the beginning of year:</b></font></td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="width: 9%; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">352</font></td> <td style="white-space: nowrap; width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="width: 9%; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">465</font></td> <td style="white-space: nowrap; width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white; font: 10pt Times New Roman, Times, Serif"> <td style="text-indent: 8.1pt; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">Capitalized mortgage servicing rights</font></td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">&#8212;</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">&#8212;</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF; font: 10pt Times New Roman, Times, Serif"> <td style="padding-bottom: 1.5pt; text-indent: 8.1pt; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">Amortization</font></td> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">(66</font></td> <td style="white-space: nowrap; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">)</font></td> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">(113</font></td> <td style="white-space: nowrap; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">)</font></td></tr> <tr style="vertical-align: bottom; background-color: white; font: 10pt Times New Roman, Times, Serif"> <td style="padding-bottom: 3pt; padding-left: 0.25in; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt"><b>Balance at the end of year</b></font></td> <td style="padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">286</font></td> <td style="white-space: nowrap; padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">352</font></td> <td style="white-space: nowrap; padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF; font: 10pt Times New Roman, Times, Serif"> <td style="padding-bottom: 3pt; padding-left: 0.25in; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt"><b>Fair value at the end of year</b></font></td> <td style="padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">455</font></td> <td style="white-space: nowrap; padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">528</font></td> <td style="white-space: nowrap; padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>Allowance for Loan Losses.</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">An analysis of changes in the allowance for loan losses by segment for the years ended December 31, 2018, 2017 and 2016 is as follows:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p> <table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td colspan="2" style="white-space: nowrap; vertical-align: bottom; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif"> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Commercial </b>&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Real Estate</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></p></td> <td style="white-space: nowrap; vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td colspan="2" style="white-space: nowrap; vertical-align: bottom; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif"> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Residential </b>&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Real Estate</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></p></td> <td style="white-space: nowrap; vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td colspan="2" style="white-space: nowrap; vertical-align: bottom; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif"> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Commercial </b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>and </b>&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Industrial</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></p></td> <td style="white-space: nowrap; vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td colspan="2" style="white-space: nowrap; vertical-align: bottom; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center"><font style="font-size: 10pt"><b>Consumer</b></font></td> <td style="white-space: nowrap; vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td colspan="2" style="white-space: nowrap; vertical-align: bottom; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center"><font style="font-size: 10pt"><b>Unallocated</b></font></td> <td style="white-space: nowrap; vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td colspan="2" style="white-space: nowrap; vertical-align: bottom; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center"><font style="font-size: 10pt"><b>Total</b></font></td> <td style="white-space: nowrap; vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td colspan="22" style="white-space: nowrap; text-align: center; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">(In thousands)</font></td> <td style="white-space: nowrap; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> <tr style="background-color: #CCEEFF; font: 10pt Times New Roman, Times, Serif"> <td style="width: 28%; font: 10pt Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>Balance at December 31, 2015</b></font></td> <td style="vertical-align: bottom; width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; width: 1%; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="vertical-align: bottom; width: 9%; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">3,856</font></td> <td style="white-space: nowrap; vertical-align: bottom; width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; width: 1%; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="vertical-align: bottom; width: 9%; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">2,431</font></td> <td style="white-space: nowrap; vertical-align: bottom; width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; width: 1%; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="vertical-align: bottom; width: 9%; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">2,485</font></td> <td style="white-space: nowrap; vertical-align: bottom; width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; width: 1%; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="vertical-align: bottom; width: 9%; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">22</font></td> <td style="white-space: nowrap; vertical-align: bottom; width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; width: 1%; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="vertical-align: bottom; width: 9%; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">46</font></td> <td style="white-space: nowrap; vertical-align: bottom; width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; width: 1%; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="vertical-align: bottom; width: 9%; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">8,840</font></td> <td style="white-space: nowrap; vertical-align: bottom; width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> <tr style="background-color: white; font: 10pt Times New Roman, Times, Serif"> <td style="padding-left: 0.125in; font: 10pt Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Provision (credit)</font></td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">(668</font></td> <td style="white-space: nowrap; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">)</font></td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">579</font></td> <td style="white-space: nowrap; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">575</font></td> <td style="white-space: nowrap; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">135</font></td> <td style="white-space: nowrap; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">(46</font></td> <td style="white-space: nowrap; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">)</font></td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">575</font></td> <td style="white-space: nowrap; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> <tr style="background-color: #CCEEFF; font: 10pt Times New Roman, Times, Serif"> <td style="padding-left: 0.125in; font: 10pt Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Charge-offs</font></td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">(170</font></td> <td style="white-space: nowrap; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">)</font></td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">(157</font></td> <td style="white-space: nowrap; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">)</font></td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">&#8212;</font></td> <td style="white-space: nowrap; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">(159</font></td> <td style="white-space: nowrap; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">)</font></td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">&#8212;</font></td> <td style="white-space: nowrap; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">(486</font></td> <td style="white-space: nowrap; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">)</font></td></tr> <tr style="background-color: white; font: 10pt Times New Roman, Times, Serif"> <td style="padding-bottom: 1.5pt; padding-left: 0.125in; font: 10pt Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Recoveries</font></td> <td style="vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">1,065</font></td> <td style="white-space: nowrap; vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">9</font></td> <td style="white-space: nowrap; vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">25</font></td> <td style="white-space: nowrap; vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">40</font></td> <td style="white-space: nowrap; vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">&#8212;</font></td> <td style="white-space: nowrap; vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">1,139</font></td> <td style="white-space: nowrap; vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> <tr style="background-color: #CCEEFF; font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>Balance at December 31, 2016</b></font></td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="vertical-align: bottom; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">4,083</font></td> <td style="white-space: nowrap; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="vertical-align: bottom; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">2,862</font></td> <td style="white-space: nowrap; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="vertical-align: bottom; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">3,085</font></td> <td style="white-space: nowrap; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="vertical-align: bottom; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">38</font></td> <td style="white-space: nowrap; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="vertical-align: bottom; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">&#8212;</font></td> <td style="white-space: nowrap; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="vertical-align: bottom; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">10,068</font></td> <td style="white-space: nowrap; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> <tr style="background-color: white; font: 10pt Times New Roman, Times, Serif"> <td style="padding-left: 0.125in; font: 10pt Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Provision (credit)</font></td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">779</font></td> <td style="white-space: nowrap; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">433</font></td> <td style="white-space: nowrap; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">(144</font></td> <td style="white-space: nowrap; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">)</font></td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">288</font></td> <td style="white-space: nowrap; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">4</font></td> <td style="white-space: nowrap; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">1,360</font></td> <td style="white-space: nowrap; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> <tr style="background-color: #CCEEFF; font: 10pt Times New Roman, Times, Serif"> <td style="padding-left: 0.125in; font: 10pt Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Charge-offs</font></td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">(292</font></td> <td style="white-space: nowrap; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">)</font></td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">(148</font></td> <td style="white-space: nowrap; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">)</font></td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">(289</font></td> <td style="white-space: nowrap; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">)</font></td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">(319</font></td> <td style="white-space: nowrap; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">)</font></td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">&#8212;</font></td> <td style="white-space: nowrap; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">(1,048</font></td> <td style="white-space: nowrap; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">)</font></td></tr> <tr style="background-color: white; font: 10pt Times New Roman, Times, Serif"> <td style="padding-bottom: 1.5pt; padding-left: 0.125in; font: 10pt Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Recoveries</font></td> <td style="vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">142</font></td> <td style="white-space: nowrap; vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">164</font></td> <td style="white-space: nowrap; vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">81</font></td> <td style="white-space: nowrap; vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">64</font></td> <td style="white-space: nowrap; vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">&#8212;</font></td> <td style="white-space: nowrap; vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">451</font></td> <td style="white-space: nowrap; vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> <tr style="background-color: #CCEEFF; font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>Balance at December 31, 2017</b></font></td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="vertical-align: bottom; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">4,712</font></td> <td style="white-space: nowrap; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="vertical-align: bottom; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">3,311</font></td> <td style="white-space: nowrap; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="vertical-align: bottom; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">2,733</font></td> <td style="white-space: nowrap; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="vertical-align: bottom; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">71</font></td> <td style="white-space: nowrap; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="vertical-align: bottom; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">4</font></td> <td style="white-space: nowrap; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="vertical-align: bottom; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">10,831</font></td> <td style="white-space: nowrap; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> <tr style="background-color: white; font: 10pt Times New Roman, Times, Serif"> <td style="padding-left: 0.125in; font: 10pt Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Provision (credit)</font></td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">214</font></td> <td style="white-space: nowrap; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">863</font></td> <td style="white-space: nowrap; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">660</font></td> <td style="white-space: nowrap; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">179</font></td> <td style="white-space: nowrap; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">(16</font></td> <td style="white-space: nowrap; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">)</font></td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">1,900</font></td> <td style="white-space: nowrap; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> <tr style="background-color: #CCEEFF; font: 10pt Times New Roman, Times, Serif"> <td style="padding-left: 0.125in; font: 10pt Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Charge-offs</font></td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">(35</font></td> <td style="white-space: nowrap; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">)</font></td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">(645</font></td> <td style="white-space: nowrap; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">)</font></td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">(299</font></td> <td style="white-space: nowrap; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">)</font></td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">(171</font></td> <td style="white-space: nowrap; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">)</font></td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">&#8212;</font></td> <td style="white-space: nowrap; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">(1,150</font></td> <td style="white-space: nowrap; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">)</font></td></tr> <tr style="background-color: white; font: 10pt Times New Roman, Times, Serif"> <td style="padding-bottom: 1.5pt; padding-left: 0.125in; font: 10pt Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif">Recoveries</font></td> <td style="vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">369</font></td> <td style="white-space: nowrap; vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">27</font></td> <td style="white-space: nowrap; vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">20</font></td> <td style="white-space: nowrap; vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">56</font></td> <td style="white-space: nowrap; vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">&#8212;</font></td> <td style="white-space: nowrap; vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">472</font></td> <td style="white-space: nowrap; vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> <tr style="background-color: #CCEEFF; font: 10pt Times New Roman, Times, Serif"> <td style="padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif"><font style="font: 10pt Times New Roman, Times, Serif"><b>Balance at December 31, 2018</b></font></td> <td style="vertical-align: bottom; padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="vertical-align: bottom; border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">5,260</font></td> <td style="white-space: nowrap; vertical-align: bottom; padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="vertical-align: bottom; border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">3,556</font></td> <td style="white-space: nowrap; vertical-align: bottom; padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="vertical-align: bottom; border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">3,114</font></td> <td style="white-space: nowrap; vertical-align: bottom; padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="vertical-align: bottom; border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">135</font></td> <td style="white-space: nowrap; vertical-align: bottom; padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="vertical-align: bottom; border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">(12</font></td> <td style="white-space: nowrap; vertical-align: bottom; padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">)</font></td> <td style="vertical-align: bottom; padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="vertical-align: bottom; border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">12,053</font></td> <td style="white-space: nowrap; vertical-align: bottom; padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The following table presents information pertaining to the allowance for loan losses by segment for the dates indicated:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p> <table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"> <td style="padding-bottom: 1.5pt; padding-left: 0.125in; text-indent: 0in; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td colspan="2" style="white-space: nowrap; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif"> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Commercial </b>&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Real Estate</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></p></td> <td style="white-space: nowrap; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td colspan="2" style="white-space: nowrap; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif"> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Residential </b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Real Estate</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></p></td> <td style="white-space: nowrap; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td colspan="2" style="white-space: nowrap; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif"> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&#160;<b>Commercial </b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>and</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Industrial</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></p></td> <td style="white-space: nowrap; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td colspan="2" style="white-space: nowrap; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif"> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Consumer</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></p></td> <td style="white-space: nowrap; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td colspan="2" style="white-space: nowrap; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif"> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Unallocated</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></p></td> <td style="white-space: nowrap; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td colspan="2" style="white-space: nowrap; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center"><font style="font-size: 10pt"><b>Total</b></font></td> <td style="white-space: nowrap; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> <tr style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"> <td style="padding-left: 0.125in; text-indent: 0in; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td colspan="22" style="text-align: center; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">(In thousands)</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> <tr style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"> <td style="padding-left: 0.125in; text-indent: -0.125in; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt"><b><u>December 31, 2018</u></b></font></td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td colspan="22" style="text-align: center; font: 10pt Times New Roman, Times, Serif"></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF; font: 10pt Times New Roman, Times, Serif"> <td style="width: 28%; padding-left: 0.25in; text-indent: -0.125in; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">Amount of allowance for impaired loans</font></td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="width: 9%; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">&#8212;</font></td> <td style="white-space: nowrap; width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="width: 9%; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">&#8212;</font></td> <td style="white-space: nowrap; width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="width: 9%; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">&#8212;</font></td> <td style="white-space: nowrap; width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="width: 9%; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">&#8212;</font></td> <td style="white-space: nowrap; width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="width: 9%; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">&#8212;</font></td> <td style="white-space: nowrap; width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="width: 9%; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">&#8212;</font></td> <td style="white-space: nowrap; width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white; font: 10pt Times New Roman, Times, Serif"> <td style="padding-left: 0.25in; text-indent: -0.125in; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">Amount of allowance for non-impaired loans</font></td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">5,260</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">3,556</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">3,114</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">135</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">(12</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">)</font></td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">12,053</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF; font: 10pt Times New Roman, Times, Serif"> <td style="padding-bottom: 3pt; padding-left: 0.375in; text-indent: -0.125in; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt"><b>Total allowance for loan losses</b></font></td> <td style="padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">5,260</font></td> <td style="white-space: nowrap; padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">3,556</font></td> <td style="white-space: nowrap; padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">3,114</font></td> <td style="white-space: nowrap; padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">135</font></td> <td style="white-space: nowrap; padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">(12</font></td> <td style="white-space: nowrap; padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">)</font></td> <td style="padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">12,053</font></td> <td style="white-space: nowrap; padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white; font: 10pt Times New Roman, Times, Serif"> <td style="padding-left: 0.125in; text-indent: 0in; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF; font: 10pt Times New Roman, Times, Serif"> <td style="padding-left: 0.25in; text-indent: -0.125in; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">Impaired loans</font></td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">5,237</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">4,754</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">2,345</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">60</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">&#8212;</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">12,396</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white; font: 10pt Times New Roman, Times, Serif"> <td style="padding-left: 0.25in; text-indent: -0.125in; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">Non-impaired loans</font></td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">752,770</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">666,883</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">240,235</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">5,143</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">&#8212;</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">1,665,031</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF; font: 10pt Times New Roman, Times, Serif"> <td style="padding-bottom: 1.5pt; padding-left: 0.25in; text-indent: -0.125in; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">Impaired loans acquired with deteriorated credit quality</font></td> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">10,874</font></td> <td style="white-space: nowrap; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">3,242</font></td> <td style="white-space: nowrap; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">913</font></td> <td style="white-space: nowrap; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">&#8212;</font></td> <td style="white-space: nowrap; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">&#8212;</font></td> <td style="white-space: nowrap; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">15,029</font></td> <td style="white-space: nowrap; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white; font: 10pt Times New Roman, Times, Serif"> <td style="padding-bottom: 3pt; padding-left: 0.375in; text-indent: -0.125in; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt"><b>Total loans</b></font></td> <td style="padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">768,881</font></td> <td style="white-space: nowrap; padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">674,879</font></td> <td style="white-space: nowrap; padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">243,493</font></td> <td style="white-space: nowrap; padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">5,203</font></td> <td style="white-space: nowrap; padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">&#8212;</font></td> <td style="white-space: nowrap; padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">1,692,456</font></td> <td style="white-space: nowrap; padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> </table> <p style="margin-top: 0; margin-bottom: 0; font: 10pt Times New Roman, Times, Serif">&#160;</p> <table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"> <td style="padding-bottom: 1.5pt; padding-left: 0.125in; text-indent: 0in; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td colspan="2" style="white-space: nowrap; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif"> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Commercial </b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Real Estate</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></p></td> <td style="white-space: nowrap; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td colspan="2" style="white-space: nowrap; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif"> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Residential </b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Real Estate</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></p></td> <td style="white-space: nowrap; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td colspan="2" style="white-space: nowrap; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif"> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Commercial </b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>and </b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Industrial</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></p></td> <td style="white-space: nowrap; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td colspan="2" style="white-space: nowrap; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center"><font style="font-size: 10pt"><b>Consumer</b></font></td> <td style="white-space: nowrap; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td colspan="2" style="white-space: nowrap; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center"><font style="font-size: 10pt"><b>Unallocated</b></font></td> <td style="white-space: nowrap; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td colspan="2" style="white-space: nowrap; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center"><font style="font-size: 10pt"><b>Total</b></font></td> <td style="white-space: nowrap; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="padding-left: 0.125in; text-indent: 0in; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td colspan="22" style="white-space: nowrap; vertical-align: bottom; text-align: center; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">(In thousands)</font></td> <td style="white-space: nowrap; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="padding-left: 0.125in; text-indent: -0.125in; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt"><b><u>December 31, 2017</u></b></font></td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td colspan="22" style="white-space: nowrap; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="white-space: nowrap; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF; font: 10pt Times New Roman, Times, Serif"> <td style="width: 28%; padding-left: 0.25in; text-indent: -0.125in; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">Amount of allowance for impaired loans</font></td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="width: 9%; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">&#8212;</font></td> <td style="white-space: nowrap; width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="width: 9%; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">&#8212;</font></td> <td style="white-space: nowrap; width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="width: 9%; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">&#8212;</font></td> <td style="white-space: nowrap; width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="width: 9%; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">&#8212;</font></td> <td style="white-space: nowrap; width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="width: 9%; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">&#8212;</font></td> <td style="white-space: nowrap; width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="width: 9%; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">&#8212;</font></td> <td style="white-space: nowrap; width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white; font: 10pt Times New Roman, Times, Serif"> <td style="padding-bottom: 1.5pt; padding-left: 0.25in; text-indent: -0.125in; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">Amount of allowance for non-impaired loans</font></td> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">4,712</font></td> <td style="white-space: nowrap; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">3,311</font></td> <td style="white-space: nowrap; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">2,733</font></td> <td style="white-space: nowrap; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">71</font></td> <td style="white-space: nowrap; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">4</font></td> <td style="white-space: nowrap; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">10,831</font></td> <td style="white-space: nowrap; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF; font: 10pt Times New Roman, Times, Serif"> <td style="padding-bottom: 3pt; padding-left: 0.375in; text-indent: -0.125in; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt"><b>Total allowance for loan losses</b></font></td> <td style="padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">4,712</font></td> <td style="white-space: nowrap; padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">3,311</font></td> <td style="white-space: nowrap; padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">2,733</font></td> <td style="white-space: nowrap; padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">71</font></td> <td style="white-space: nowrap; padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">4</font></td> <td style="white-space: nowrap; padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">10,831</font></td> <td style="white-space: nowrap; padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white; font: 10pt Times New Roman, Times, Serif"> <td style="padding-left: 0.125in; text-indent: 0in; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF; font: 10pt Times New Roman, Times, Serif"> <td style="padding-left: 0.25in; text-indent: -0.125in; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">Impaired loans</font></td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">3,674</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">3,964</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">2,766</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">120</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">&#8212;</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">10,524</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white; font: 10pt Times New Roman, Times, Serif"> <td style="padding-left: 0.25in; text-indent: -0.125in; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">Non-impaired loans</font></td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">716,571</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">642,787</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">234,582</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">4,358</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">&#8212;</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">1,598,298</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF; font: 10pt Times New Roman, Times, Serif"> <td style="padding-bottom: 1.5pt; padding-left: 0.25in; text-indent: -0.125in; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">Impaired loans acquired with deteriorated credit quality</font></td> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">12,371</font></td> <td style="white-space: nowrap; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">3,600</font></td> <td style="white-space: nowrap; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 1.5pt; text-align: right; font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1pt solid"><font style="font-size: 10pt">1,154</font></td> <td style="white-space: nowrap; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">&#8212;</font></td> <td style="white-space: nowrap; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">&#8212;</font></td> <td style="white-space: nowrap; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">17,125</font></td> <td style="white-space: nowrap; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white; font: 10pt Times New Roman, Times, Serif"> <td style="padding-bottom: 3pt; padding-left: 0.375in; text-indent: -0.125in; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt"><b>Total loans</b></font></td> <td style="padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">732,616</font></td> <td style="white-space: nowrap; padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">650,351</font></td> <td style="white-space: nowrap; padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">238,502</font></td> <td style="white-space: nowrap; padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">4,478</font></td> <td style="white-space: nowrap; padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">&#8212;</font></td> <td style="white-space: nowrap; padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">1,625,947</font></td> <td style="white-space: nowrap; padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>Past Due and Non-accrual loans.</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The following tables present an age analysis of past due loans as of the dates indicated:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p> <table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"> <td style="padding-bottom: 1.5pt; padding-left: 9pt; text-indent: -9pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td colspan="26" style="white-space: nowrap; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center"><font style="font-size: 10pt"><b>Balance at December 31, 2018</b></font></td> <td style="white-space: nowrap; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="padding-bottom: 1.5pt; padding-left: 9pt; text-indent: -9pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td colspan="2" style="white-space: nowrap; vertical-align: bottom; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center"><font style="font-size: 10pt"><b>30 &#8211; 59 Days </b></font><br /> <font style="font-size: 10pt"><b>Past Due</b></font></td> <td style="white-space: nowrap; vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td colspan="2" style="white-space: nowrap; vertical-align: bottom; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif"> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>60 &#8211; 89 Days </b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Past Due</b>&#160;</p></td> <td style="white-space: nowrap; vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td colspan="2" style="white-space: nowrap; vertical-align: bottom; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif"> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Greater</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>than 90 </b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Days Past Due</b>&#160;</p></td> <td style="white-space: nowrap; vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td colspan="2" style="white-space: nowrap; vertical-align: bottom; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif"> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Total </b>&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Past Due </b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Loans</b>&#160;</p></td> <td style="white-space: nowrap; vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td colspan="2" style="white-space: nowrap; vertical-align: bottom; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif"> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Total </b>&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Current </b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Loans</b>&#160;</p></td> <td style="white-space: nowrap; vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td colspan="2" style="white-space: nowrap; vertical-align: bottom; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif"> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Total </b>&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Loans</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></p></td> <td style="white-space: nowrap; vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td colspan="2" style="white-space: nowrap; vertical-align: bottom; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif"> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Non-</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Accrual </b>&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Loans</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></p></td> <td style="white-space: nowrap; vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> <tr style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"> <td style="padding-left: 9pt; text-indent: -9pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td colspan="26" style="white-space: nowrap; text-align: center; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">(In thousands)</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF; font: 10pt Times New Roman, Times, Serif"> <td style="width: 16%; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">Commercial real estate</font></td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="width: 9%; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">1,857</font></td> <td style="white-space: nowrap; width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="width: 9%; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">&#8212;</font></td> <td style="white-space: nowrap; width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="width: 9%; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">2,865</font></td> <td style="white-space: nowrap; width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="width: 9%; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">4,722</font></td> <td style="white-space: nowrap; width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="width: 9%; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">764,159</font></td> <td style="white-space: nowrap; width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="width: 9%; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">768,881</font></td> <td style="white-space: nowrap; width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="width: 9%; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">4,701</font></td> <td style="white-space: nowrap; width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white; font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">Residential real estate:</font></td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF; font: 10pt Times New Roman, Times, Serif"> <td style="padding-left: 0.125in; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">Residential</font></td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">1,798</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">572</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">1,879</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">4,249</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">573,392</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">577,641</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">5,856</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white; font: 10pt Times New Roman, Times, Serif"> <td style="padding-left: 0.125in; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">Home equity</font></td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">600</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">5</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">242</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">847</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">96,391</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">97,238</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">391</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF; font: 10pt Times New Roman, Times, Serif"> <td style="padding-left: 0.125in; text-indent: -0.125in; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">Commercial and industrial</font></td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">794</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">1,463</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">305</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">2,562</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">240,931</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">243,493</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">2,476</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white; font: 10pt Times New Roman, Times, Serif"> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">Consumer</font></td> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">93</font></td> <td style="white-space: nowrap; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">1</font></td> <td style="white-space: nowrap; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">21</font></td> <td style="white-space: nowrap; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">115</font></td> <td style="white-space: nowrap; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">5,088</font></td> <td style="white-space: nowrap; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">5,203</font></td> <td style="white-space: nowrap; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">60</font></td> <td style="white-space: nowrap; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> <tr style="background-color: #CCEEFF; font: 10pt Times New Roman, Times, Serif"> <td style="padding-bottom: 3pt; padding-left: 0.125in; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt"><b>Total loans</b></font></td> <td style="vertical-align: bottom; padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="vertical-align: bottom; border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">5,142</font></td> <td style="white-space: nowrap; vertical-align: bottom; padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="vertical-align: bottom; border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">2,041</font></td> <td style="white-space: nowrap; vertical-align: bottom; padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="vertical-align: bottom; border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">5,312</font></td> <td style="white-space: nowrap; vertical-align: bottom; padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="vertical-align: bottom; border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">12,495</font></td> <td style="white-space: nowrap; vertical-align: bottom; padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="vertical-align: bottom; border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">1,679,961</font></td> <td style="white-space: nowrap; vertical-align: bottom; padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="vertical-align: bottom; border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">1,692,456</font></td> <td style="white-space: nowrap; vertical-align: bottom; padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="vertical-align: bottom; border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">13,484</font></td> <td style="white-space: nowrap; vertical-align: bottom; padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> </table> <p style="margin-top: 0; margin-bottom: 0; font: 10pt Times New Roman, Times, Serif"></p> <p style="margin-top: 0; margin-bottom: 0; font: 10pt Times New Roman, Times, Serif"></p> <p style="margin-top: 0; margin-bottom: 0; font: 10pt Times New Roman, Times, Serif">&#160;</p> <table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"> <td style="padding-bottom: 1.5pt; padding-left: 9pt; text-indent: -9pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td colspan="26" style="white-space: nowrap; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Balance at December 31, 2017</b></font></td> <td style="white-space: nowrap; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="padding-bottom: 1.5pt; padding-left: 9pt; text-indent: -9pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td colspan="2" style="white-space: nowrap; vertical-align: bottom; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif"> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>30 &#8211; 59 Days </b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Past Due</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></p></td> <td style="white-space: nowrap; vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td colspan="2" style="white-space: nowrap; vertical-align: bottom; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif"> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>60 &#8211; 89 Days </b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Past Due</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></p></td> <td style="white-space: nowrap; vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td colspan="2" style="white-space: nowrap; vertical-align: bottom; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif"> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Greater </b>&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>than 90 </b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Days Past </b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Due</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></p></td> <td style="white-space: nowrap; vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td colspan="2" style="white-space: nowrap; vertical-align: bottom; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif"> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Total</b><br /> <b>Past Due </b>&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Loans</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></p></td> <td style="white-space: nowrap; vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td colspan="2" style="white-space: nowrap; vertical-align: bottom; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif"> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Total </b>&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Current </b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Loans</b>&#160;</p></td> <td style="white-space: nowrap; vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td colspan="2" style="white-space: nowrap; vertical-align: bottom; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif"> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Total</b>&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Loans</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></p></td> <td style="white-space: nowrap; vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td colspan="2" style="white-space: nowrap; vertical-align: bottom; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif"> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Non- </b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Accrual </b>&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Loans</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></p></td> <td style="white-space: nowrap; vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> <tr style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"> <td style="padding-left: 9pt; text-indent: -9pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td colspan="26" style="white-space: nowrap; text-align: center; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">(In thousands)</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF; font: 10pt Times New Roman, Times, Serif"> <td style="width: 16%; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">Commercial real estate</font></td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="width: 9%; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">1,951</font></td> <td style="white-space: nowrap; width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="width: 9%; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">144</font></td> <td style="white-space: nowrap; width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="width: 9%; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">290</font></td> <td style="white-space: nowrap; width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="width: 9%; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">2,385</font></td> <td style="white-space: nowrap; width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="width: 9%; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">730,231</font></td> <td style="white-space: nowrap; width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="width: 9%; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">732,616</font></td> <td style="white-space: nowrap; width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="width: 9%; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">2,959</font></td> <td style="white-space: nowrap; width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white; font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">Residential real estate:</font></td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF; font: 10pt Times New Roman, Times, Serif"> <td style="padding-left: 0.125in; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">Residential</font></td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">2,992</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">1,480</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">1,911</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">6,383</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">551,369</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">557,752</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">5,961</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white; font: 10pt Times New Roman, Times, Serif"> <td style="padding-left: 0.125in; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">Home equity</font></td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">635</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">&#8212;</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">48</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">683</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">91,916</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">92,599</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">696</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF; font: 10pt Times New Roman, Times, Serif"> <td style="padding-left: 0.125in; text-indent: -0.125in; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">Commercial and industrial</font></td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">1,731</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">797</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">162</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">2,690</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">235,812</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">238,502</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">3,019</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white; font: 10pt Times New Roman, Times, Serif"> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">Consumer</font></td> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">65</font></td> <td style="white-space: nowrap; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">&#8212;</font></td> <td style="white-space: nowrap; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">41</font></td> <td style="white-space: nowrap; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">106</font></td> <td style="white-space: nowrap; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">4,372</font></td> <td style="white-space: nowrap; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">4,478</font></td> <td style="white-space: nowrap; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">120</font></td> <td style="white-space: nowrap; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> <tr style="background-color: #CCEEFF; font: 10pt Times New Roman, Times, Serif"> <td style="padding-bottom: 3pt; padding-left: 0.125in; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt"><b>Total loans</b></font></td> <td style="vertical-align: bottom; padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="vertical-align: bottom; border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">7,374</font></td> <td style="white-space: nowrap; vertical-align: bottom; padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="vertical-align: bottom; border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">2,421</font></td> <td style="white-space: nowrap; vertical-align: bottom; padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="vertical-align: bottom; border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">2,452</font></td> <td style="white-space: nowrap; vertical-align: bottom; padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="vertical-align: bottom; border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">12,247</font></td> <td style="white-space: nowrap; vertical-align: bottom; padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="vertical-align: bottom; border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">1,613,700</font></td> <td style="white-space: nowrap; vertical-align: bottom; padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="vertical-align: bottom; border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">1,625,947</font></td> <td style="white-space: nowrap; vertical-align: bottom; padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="vertical-align: bottom; border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">12,755</font></td> <td style="white-space: nowrap; vertical-align: bottom; padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">At December 31, 2018 and December 31, 2017, all loans past due 90 days or more were carried as non-accrual. The ratio of non-accrual loans to total loans was 0.80% and 0.78% at December 31, 2018 and December 31, 2017, respectively.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><b>Impaired Loans.</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The following is a summary of impaired loans by class:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p> <table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="padding-left: 0in; text-indent: -9pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td colspan="2" style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="white-space: nowrap; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td colspan="2" style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="white-space: nowrap; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td colspan="2" style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="white-space: nowrap; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td colspan="6" style="white-space: nowrap; vertical-align: bottom; text-align: center; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt"><b>Year Ended</b></font></td> <td style="white-space: nowrap; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="padding-bottom: 1.5pt; padding-left: 0in; text-indent: -9pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td colspan="10" style="white-space: nowrap; vertical-align: bottom; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center"><font style="font-size: 10pt"><b>At December 31, 2018</b></font></td> <td style="white-space: nowrap; vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td colspan="6" style="white-space: nowrap; vertical-align: bottom; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center"><font style="font-size: 10pt"><b>December 31, 2018</b></font></td> <td style="white-space: nowrap; vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="padding-bottom: 1.5pt; padding-left: 0in; text-indent: -9pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td colspan="2" style="white-space: nowrap; vertical-align: bottom; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif"> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Recorded </b>&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Investment</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></p></td> <td style="white-space: nowrap; vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td colspan="2" style="white-space: nowrap; vertical-align: bottom; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif"> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Unpaid </b>&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Principal </b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Balance</b>&#160;</p></td> <td style="white-space: nowrap; vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td colspan="2" style="white-space: nowrap; text-align: center; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; vertical-align: bottom"> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><b>Related </b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><b>Allowance</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></p></td> <td style="white-space: nowrap; vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td colspan="2" style="white-space: nowrap; vertical-align: bottom; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif"> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Average </b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Recorded </b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Investment</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></p></td> <td style="white-space: nowrap; vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td colspan="2" style="white-space: nowrap; vertical-align: bottom; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif"> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Interest </b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Income </b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&#160;<b>Recognized</b>&#160;</p></td> <td style="white-space: nowrap; vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="vertical-align: bottom; padding-left: 0in; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt"><b>Impaired Loans <sup>(1)</sup></b></font></td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td colspan="18" style="white-space: nowrap; text-align: center; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">(In thousands)</font></td> <td style="white-space: nowrap; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF; font: 10pt Times New Roman, Times, Serif"> <td style="width: 40%; padding-left: 0.125in; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">Commercial real estate</font></td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="width: 9%; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">16,111</font></td> <td style="white-space: nowrap; width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="width: 9%; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">19,081</font></td> <td style="white-space: nowrap; width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="width: 9%; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">&#8212;</font></td> <td style="white-space: nowrap; width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="width: 9%; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">14,830</font></td> <td style="white-space: nowrap; width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="width: 9%; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">772</font></td> <td style="white-space: nowrap; width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white; font: 10pt Times New Roman, Times, Serif"> <td style="padding-left: 0.125in; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">Residential real estate</font></td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">7,558</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">8,614</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">&#8212;</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">7,033</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">51</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF; font: 10pt Times New Roman, Times, Serif"> <td style="padding-left: 0.125in; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">Home equity</font></td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">438</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">468</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">636</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">4</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white; font: 10pt Times New Roman, Times, Serif"> <td style="padding-left: 0.125in; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">Commercial and industrial</font></td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">3,258</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">7,788</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">&#8212;</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">4,119</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">147</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF; font: 10pt Times New Roman, Times, Serif"> <td style="padding-bottom: 1.5pt; padding-left: 0.125in; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">Consumer</font></td> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">60</font></td> <td style="white-space: nowrap; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">70</font></td> <td style="white-space: nowrap; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">&#160;</td> <td style="white-space: nowrap; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">85</font></td> <td style="white-space: nowrap; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">&#8212;</font></td> <td style="white-space: nowrap; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white; font: 10pt Times New Roman, Times, Serif"> <td style="padding-bottom: 3pt; padding-left: 0.25in; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt"><b>Total impaired loans</b></font></td> <td style="padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">27,425</font></td> <td style="white-space: nowrap; padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">36,021</font></td> <td style="white-space: nowrap; padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">&#8212;</font></td> <td style="white-space: nowrap; padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">26,703</font></td> <td style="white-space: nowrap; padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">974</font></td> <td style="white-space: nowrap; padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> </table> <p style="margin-top: 0; margin-bottom: 0; font: 10pt Times New Roman, Times, Serif">&#160;</p> <table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="padding-left: 9pt; text-indent: -9pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td colspan="2" style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="white-space: nowrap; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td colspan="2" style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="white-space: nowrap; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td colspan="2" style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="white-space: nowrap; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td colspan="6" style="white-space: nowrap; vertical-align: bottom; text-align: center; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt"><b>Year Ended</b></font></td> <td style="white-space: nowrap; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="padding-bottom: 1.5pt; padding-left: 9pt; text-indent: -9pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td colspan="10" style="white-space: nowrap; vertical-align: bottom; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center"><font style="font-size: 10pt"><b>At December 31, 2017</b></font></td> <td style="white-space: nowrap; vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td colspan="6" style="white-space: nowrap; vertical-align: bottom; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center"><font style="font-size: 10pt"><b>December 31, 2017</b></font></td> <td style="white-space: nowrap; vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="padding-bottom: 1.5pt; padding-left: 9pt; text-indent: -9pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td colspan="2" style="white-space: nowrap; vertical-align: bottom; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif"> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Recorded </b>&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Investment</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></p></td> <td style="white-space: nowrap; vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td colspan="2" style="white-space: nowrap; vertical-align: bottom; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif"> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Unpaid </b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Principal </b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Balance</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></p></td> <td style="white-space: nowrap; vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td colspan="2" style="white-space: nowrap; vertical-align: bottom; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif"> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Related </b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Allowance</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></p></td> <td style="white-space: nowrap; vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td colspan="2" style="white-space: nowrap; vertical-align: bottom; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif"> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Average </b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Recorded </b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Investment</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></p></td> <td style="white-space: nowrap; vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td colspan="2" style="white-space: nowrap; vertical-align: bottom; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif"> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Interest </b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Income </b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Recognized</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></p></td> <td style="white-space: nowrap; vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> <tr style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt"><b>Impaired Loans: <sup>(1)</sup></b></font></td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td colspan="18" style="white-space: nowrap; text-align: center; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">(In thousands)</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF; font: 10pt Times New Roman, Times, Serif"> <td style="width: 40%; padding-left: 0.125in; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">Commercial real estate</font></td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="width: 9%; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">16,045</font></td> <td style="white-space: nowrap; width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="width: 9%; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">18,773</font></td> <td style="white-space: nowrap; width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="width: 9%; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">&#8212;</font></td> <td style="white-space: nowrap; width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="width: 9%; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">18,215</font></td> <td style="white-space: nowrap; width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="width: 9%; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">842</font></td> <td style="white-space: nowrap; width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white; font: 10pt Times New Roman, Times, Serif"> <td style="padding-left: 0.125in; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">Residential real estate</font></td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">6,816</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">7,298</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">&#8212;</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">6,630</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">45</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF; font: 10pt Times New Roman, Times, Serif"> <td style="padding-left: 0.125in; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">Home equity</font></td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">748</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">783</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">359</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">4</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white; font: 10pt Times New Roman, Times, Serif"> <td style="padding-left: 0.125in; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">Commercial and industrial</font></td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">3,920</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">9,215</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">&#8212;</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">4,388</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">237</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF; font: 10pt Times New Roman, Times, Serif"> <td style="padding-bottom: 1.5pt; padding-left: 0.125in; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">Consumer</font></td> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">120</font></td> <td style="white-space: nowrap; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">129</font></td> <td style="white-space: nowrap; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right">&#160;</td> <td style="white-space: nowrap; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">93</font></td> <td style="white-space: nowrap; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">&#8212;</font></td> <td style="white-space: nowrap; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white; font: 10pt Times New Roman, Times, Serif"> <td style="padding-bottom: 3pt; padding-left: 0.25in; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt"><b>Total impaired loans</b></font></td> <td style="padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">27,649</font></td> <td style="white-space: nowrap; padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">36,198</font></td> <td style="white-space: nowrap; padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">&#8212;</font></td> <td style="white-space: nowrap; padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">29,685</font></td> <td style="white-space: nowrap; padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">1,128</font></td> <td style="white-space: nowrap; padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 -11pt">(1)</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">Includes loans acquired with deteriorated credit quality and performing troubled debt restructurings.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The majority of impaired loans are included within the non-accrual balances; however, not every loan on non-accrual status has been designated as impaired. Impaired loans include loans that have been modified in a TDR. Impaired loans are individually evaluated and exclude large groups of smaller-balance homogeneous loans, such as residential mortgage loans and consumer loans, which are collectively evaluated for impairment, and loans that are measured at fair value, unless the loan is amended in a TDR.&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">All payments received on impaired loans in non-accrual status are applied to principal. There was no interest income recognized on nonaccrual impaired loans during the years ended December 31, 2018 and December 31, 2017. The Company&#8217;s obligation to fulfill the additional funding commitments on impaired loans is generally contingent on the borrower&#8217;s compliance with the terms of the credit agreement. If the borrower is not in compliance, additional funding commitments may or may not be made at the Company&#8217;s discretion. As of December 31, 2018, we have not committed to lend any additional funds for loans that are classified as impaired.&#160; Payments received on impaired loans in accrual status are recorded in accordance with the contractual terms of the loan.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><b>Troubled debt restructurings.</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Loans are designated as a TDR when, as part of an agreement to modify the original contractual terms of the loan as a result of financial difficulties of the borrower, the Bank grants the borrower a concession on the terms, that would not otherwise be considered. Typically, such concessions may consist of a reduction in interest rate to a below market rate, taking into account the credit quality of the note, extension of additional credit based on receipt of adequate collateral, or a deferment or reduction of payments (principal or interest) which materially alters the Bank&#8217;s position or significantly extends the note&#8217;s maturity date, such that the present value of cash flows to be received is materially less than those contractually established at the loan&#8217;s origination. All loans that are modified are reviewed by the Company to identify if a TDR has occurred. All TDR loans are classified as impaired.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">When we modify loans in a TDR, we measure impairment similar to other impaired loans based on the present value of expected future cash flows, discounted at the contractual interest rate of the original loan agreement, or use the current fair value of the collateral, less selling costs for collateral dependent loans. If we determine that the value of the modified loan is less than the recorded investment in the loan (net of previous charge-offs, deferred loan fees or costs and unamortized premium or discount), impairment is recognized through a specific allowance or a charge-off to the allowance. Non-performing TDRs are included in non-performing loans.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">There were no TDR loans modified during the year ended December 31, 2018.&#160; During the year ended December 31, 2017, one commercial and industrial loan in the amount of $112,000 was modified to extend the maturity and re-amortize the payments.&#160; During the years ended December 31, 2018 and 2017, no TDRs defaulted (defined as 30 days or more past due) within 12 months of restructuring.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">There were no charge-offs on TDRs during the year ended December 31, 2018. There were $256,000 in charge-offs on TDRs during the year ended December 31, 2017.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><u>Loans Acquired with Deteriorated Credit Quality</u></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The following is a summary of loans acquired with evidence of credit deterioration from Chicopee as of December 31, 2018.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p> <table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td colspan="2" style="white-space: nowrap; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif"> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Contractual </b>&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Required</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Payments </b>&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Receivable</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></p></td> <td style="white-space: nowrap; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td colspan="2" style="white-space: nowrap; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif"> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Cash Expected </b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>To Be Collected</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></p></td> <td style="white-space: nowrap; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td colspan="2" style="white-space: nowrap; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif"> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Non- </b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Accretable </b>&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Discount</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></p></td> <td style="white-space: nowrap; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td colspan="2" style="white-space: nowrap; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif"> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Accretable </b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Yield</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></p></td> <td style="white-space: nowrap; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td colspan="2" style="white-space: nowrap; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif"> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Loans </b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Receivable</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></p></td> <td style="white-space: nowrap; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> <tr style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td colspan="18" style="white-space: nowrap; text-align: center; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">(In thousands)</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF; font: 10pt Times New Roman, Times, Serif"> <td style="width: 40%; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt"><b>Balance at December 31, 2017</b></font></td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="width: 9%; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">29,362</font></td> <td style="white-space: nowrap; width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="width: 9%; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">23,158</font></td> <td style="white-space: nowrap; width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="width: 9%; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">6,204</font></td> <td style="white-space: nowrap; width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="width: 9%; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">6,033</font></td> <td style="white-space: nowrap; width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="width: 9%; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">17,125</font></td> <td style="white-space: nowrap; width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white; font: 10pt Times New Roman, Times, Serif"> <td style="text-indent: 6.2pt; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">Collections</font></td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">(4,000</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">)</font></td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">(2,780</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">)</font></td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">(1,220</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">)</font></td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">(742</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">)</font></td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">(2,038</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">)</font></td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF; font: 10pt Times New Roman, Times, Serif"> <td style="padding-bottom: 1.5pt; text-indent: 6.2pt; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">Dispositions</font></td> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">(569</font></td> <td style="white-space: nowrap; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">)</font></td> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">(495</font></td> <td style="white-space: nowrap; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">)</font></td> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">(74</font></td> <td style="white-space: nowrap; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">)</font></td> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">(437</font></td> <td style="white-space: nowrap; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">)</font></td> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">(58</font></td> <td style="white-space: nowrap; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">)</font></td></tr> <tr style="vertical-align: bottom; background-color: white; font: 10pt Times New Roman, Times, Serif"> <td style="padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt"><b>Balance at December 31, 2018</b></font></td> <td style="padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">24,793</font></td> <td style="white-space: nowrap; padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">19,883</font></td> <td style="white-space: nowrap; padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">4,910</font></td> <td style="white-space: nowrap; padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">4,854</font></td> <td style="white-space: nowrap; padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">15,029</font></td> <td style="white-space: nowrap; padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><u>Credit Quality Information</u></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company utilizes an eight-grade internal loan rating system for commercial real estate and commercial and industrial loans. Performing residential real estate, home equity and consumer loans are grouped with &#8220;Pass&#8221; rated loans. Non-performing residential real estate, home equity and consumer loans are monitored individually for impairment and risk rated as &#8220;substandard.&#8221;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>Loans rated 1 &#8211; 4</b>:&#160; Loans rated 1-4 represent groups of loans that are not subject to adverse criticism as defined in regulatory guidance. Loans in these groups exhibit characteristics that represent acceptable risk.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>Loans rated 5</b>: Loans rated 5 are considered &#8220;Special Mention&#8221; that may exhibit potential credit weaknesses or downward trends and are being monitored by management. Loans in this category are currently protected based on collateral and repayment capacity and do not constitute undesirable credit risk, but have potential weakness that may result in deterioration of the repayment process at some future date. This classification is used if a negative trend is evident in the obligor&#8217;s financial situation. Special mention loans do not sufficiently expose the Company to warrant adverse classification.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>Loans rated 6</b>: Loans rated 6 are considered &#8220;Substandard.&#8221; Loans are classified as substandard if the borrower exhibits a well-defined weakness and may be inadequately protected by the current net worth and cash flow capacity to pay the current debt.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>Loans rated 7</b>: Loans rated 7 are considered &#8220;Doubtful.&#8221; Loans classified as doubtful have all the weaknesses inherent in those classified substandard with the added characteristic that the weaknesses make collection or liquidation of the loan highly questionable and improbable. The possibility of some loss is extremely high, but because of specific pending factors that may work to the advantage and strengthening of the asset, its classification as an estimated loss is deferred until its more exact status may be determined.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>Loans rated 8</b>: Loans rated 8 are considered uncollectible. The loss classification does not mean that the asset has absolutely no recovery or salvage value, but rather that it is not practical or desirable to defer writing off the asset because recovery and collection time may be affected in the future.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">On an annual basis, or more often if needed, we formally review the ratings on all commercial real estate and commercial and industrial loans. In addition, management utilizes delinquency reports, the criticized report and other loan reports to monitor credit quality. In addition, at least on an annual basis, the Company contracts with an external loan review company to review the internal credit ratings assigned to loans in the commercial loan portfolio on a pre-determined schedule, based on the type, size, rating, and overall risk of the loan. During the course of their review, the third party examines a sample of loans, including new loans, existing relationships over certain dollar amounts and classified assets.&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The following table presents our loans by risk rating for the periods indicated:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p> <table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td colspan="2" style="white-space: nowrap; vertical-align: bottom; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center"><font style="font-size: 10pt"><b>Commercial</b></font><br /> <font style="font-size: 10pt"><b>Real Estate</b></font></td> <td style="white-space: nowrap; vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td colspan="2" style="white-space: nowrap; vertical-align: bottom; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center"><font style="font-size: 10pt"><b>Residential </b></font><br /> <font style="font-size: 10pt"><b>1-4 family</b></font></td> <td style="white-space: nowrap; vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td colspan="2" style="white-space: nowrap; vertical-align: bottom; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center"><font style="font-size: 10pt"><b>Home</b></font><br /> <font style="font-size: 10pt"><b>Equity</b></font></td> <td style="white-space: nowrap; vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td colspan="2" style="white-space: nowrap; vertical-align: bottom; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center"><font style="font-size: 10pt"><b>Commercial</b></font><br /> <font style="font-size: 10pt"><b>and Industrial</b></font></td> <td style="white-space: nowrap; vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td colspan="2" style="white-space: nowrap; vertical-align: bottom; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center"><font style="font-size: 10pt"><b>Consumer</b></font></td> <td style="white-space: nowrap; vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td colspan="2" style="white-space: nowrap; vertical-align: bottom; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center"><font style="font-size: 10pt"><b>Total</b></font></td> <td style="white-space: nowrap; vertical-align: bottom; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td colspan="22" style="white-space: nowrap; vertical-align: bottom; text-align: center; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">(In thousands)</font></td> <td style="white-space: nowrap; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> <tr style="font: 10pt Times New Roman, Times, Serif"> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt"><b><u>December 31, 2018</u></b></font></td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td colspan="2" style="white-space: nowrap; vertical-align: top; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="white-space: nowrap; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td colspan="2" style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="white-space: nowrap; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td colspan="2" style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="white-space: nowrap; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td colspan="2" style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="white-space: nowrap; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td colspan="2" style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="white-space: nowrap; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td colspan="2" style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="white-space: nowrap; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF; font: 10pt Times New Roman, Times, Serif"> <td style="width: 28%; padding-left: 0.125in; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">Pass (Rated 1 &#8211; 4)</font></td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="width: 9%; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">732,729</font></td> <td style="white-space: nowrap; width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="width: 9%; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">570,428</font></td> <td style="white-space: nowrap; width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="width: 9%; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">96,643</font></td> <td style="white-space: nowrap; width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="width: 9%; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">207,663</font></td> <td style="white-space: nowrap; width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="width: 9%; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">5,143</font></td> <td style="white-space: nowrap; width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="width: 9%; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">1,612,606</font></td> <td style="white-space: nowrap; width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white; font: 10pt Times New Roman, Times, Serif"> <td style="padding-left: 0.125in; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">Special Mention (Rated 5)</font></td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">17,929</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">&#8212;</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">&#8212;</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">12,248</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">&#8212;</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">30,177</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF; font: 10pt Times New Roman, Times, Serif"> <td style="padding-bottom: 1.5pt; padding-left: 0.125in; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">Substandard (Rated 6)</font></td> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">18,223</font></td> <td style="white-space: nowrap; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">7,213</font></td> <td style="white-space: nowrap; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">595</font></td> <td style="white-space: nowrap; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">23,582</font></td> <td style="white-space: nowrap; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">60</font></td> <td style="white-space: nowrap; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">49,673</font></td> <td style="white-space: nowrap; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white; font: 10pt Times New Roman, Times, Serif"> <td style="padding-bottom: 3pt; padding-left: 0.25in; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt"><b>Total</b></font></td> <td style="padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">768,881</font></td> <td style="white-space: nowrap; padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">577,641</font></td> <td style="white-space: nowrap; padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">97,238</font></td> <td style="white-space: nowrap; padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">243,493</font></td> <td style="white-space: nowrap; padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">5,203</font></td> <td style="white-space: nowrap; padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">1,692,456</font></td> <td style="white-space: nowrap; padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> </table> <p style="margin-top: 0; margin-bottom: 0; font: 10pt Times New Roman, Times, Serif">&#160;</p> <table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td colspan="2" style="white-space: nowrap; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center"><font style="font-size: 10pt"><b>Commercial</b></font><br /> <font style="font-size: 10pt"><b>Real Estate</b></font></td> <td style="white-space: nowrap; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td colspan="2" style="white-space: nowrap; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center"><font style="font-size: 10pt"><b>Residential</b></font><br /> <font style="font-size: 10pt"><b>1-4 family</b></font></td> <td style="white-space: nowrap; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td colspan="2" style="white-space: nowrap; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center"><font style="font-size: 10pt"><b>Home</b></font><br /> <font style="font-size: 10pt"><b>Equity</b></font></td> <td style="white-space: nowrap; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td colspan="2" style="white-space: nowrap; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center"><font style="font-size: 10pt"><b>Commercial</b></font><br /> <font style="font-size: 10pt"><b>and Industrial</b></font></td> <td style="white-space: nowrap; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td colspan="2" style="white-space: nowrap; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center"><font style="font-size: 10pt"><b>Consumer</b></font></td> <td style="white-space: nowrap; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td colspan="2" style="white-space: nowrap; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: center"><font style="font-size: 10pt"><b>Total</b></font></td> <td style="white-space: nowrap; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> <tr style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"> <td style="font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt"><b><u>December 31, 2017</u></b></font></td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td colspan="22" style="white-space: nowrap; text-align: center; text-indent: 8pt; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">(In thousands)</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF; font: 10pt Times New Roman, Times, Serif"> <td style="width: 28%; text-indent: 7.85pt; padding-left: -0.125in; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">Pass (Rated 1 &#8211; 4)</font></td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="width: 9%; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">708,992</font></td> <td style="white-space: nowrap; width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="width: 9%; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">551,469</font></td> <td style="white-space: nowrap; width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="width: 9%; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">91,903</font></td> <td style="white-space: nowrap; width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="width: 9%; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">205,537</font></td> <td style="white-space: nowrap; width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="width: 9%; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">4,475</font></td> <td style="white-space: nowrap; width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="width: 1%; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="width: 9%; text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">1,562,376</font></td> <td style="white-space: nowrap; width: 1%; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white; font: 10pt Times New Roman, Times, Serif"> <td style="padding-left: 0.125in; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">Special Mention (Rated 5)</font></td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">15,098</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">&#8212;</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">&#8212;</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">24,565</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">&#8212;</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="text-align: right; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">39,663</font></td> <td style="white-space: nowrap; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF; font: 10pt Times New Roman, Times, Serif"> <td style="padding-bottom: 1.5pt; padding-left: 0.125in; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">Substandard (Rated 6)</font></td> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">8,526</font></td> <td style="white-space: nowrap; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">6,283</font></td> <td style="white-space: nowrap; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">696</font></td> <td style="white-space: nowrap; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">8,400</font></td> <td style="white-space: nowrap; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">3</font></td> <td style="white-space: nowrap; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">23,908</font></td> <td style="white-space: nowrap; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> <tr style="vertical-align: bottom; background-color: white; font: 10pt Times New Roman, Times, Serif"> <td style="padding-bottom: 3pt; padding-left: 0.25in; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt"><b>Total</b></font></td> <td style="padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">732,616</font></td> <td style="white-space: nowrap; padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">557,752</font></td> <td style="white-space: nowrap; padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">92,599</font></td> <td style="white-space: nowrap; padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">238,502</font></td> <td style="white-space: nowrap; padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">4,478</font></td> <td style="white-space: nowrap; padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif"><font style="font-size: 10pt">$</font></td> <td style="border-bottom: black 2.25pt double; font: 10pt Times New Roman, Times, Serif; text-align: right"><font style="font-size: 10pt">1,625,947</font></td> <td style="white-space: nowrap; padding-bottom: 3pt; font: 10pt Times New Roman, Times, Serif">&#160;</td></tr> </table> <p style="margin-top: 0; margin-bottom: 0; font: 10pt Times New Roman, Times, Serif">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The following table presents information pertaining to the allowance for loan losses by segment for the dates indicated:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p> <table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif"> <td style="padding-bottom: 1.5pt; padding-left: 0.125in; text-indent: 0in; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td colspan="2" style="white-space: nowrap; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif"> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Commercial </b>&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Real Estate</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></p></td> <td style="white-space: nowrap; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td colspan="2" style="white-space: nowrap; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif"> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&#160;</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Residential </b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Real Estate</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></p></td> <td style="white-space: nowrap; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td colspan="2" style="white-space: nowrap; border-bottom: black 1pt solid; font: 10pt Times New Roman, Times, Serif"> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&#160;<b>Commercial </b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>and</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>Industrial</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></p></td> <td style="white-space: nowrap; padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td style="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif">&#160;</td> <td colspan="2" style="white-space: nowrap; border-bottom: black 1p