COMMITMENTS, CONTINGENCIES AND CREDIT RISK (Tables)
12 Months Ended
Dec. 31, 2016
COMMITMENTS, CONTINGENCIES AND CREDIT RISK  
Projected minimum rental payments under leases

The projected minimum rental payments under the terms of the leases as of December 31, 2016 are as follows (in thousands):

 

 

 

 

 

 

    

Amount

 

Year ending December 31:

 

 

 

 

2017

 

$

2,415

 

2018

 

 

2,248

 

2019

 

 

2,023

 

2020

 

 

1,919

 

2021

 

 

1,832

 

Thereafter

 

 

5,122

 

Total estimated lease payments

 

$

15,559

 

 

Schedule of Loan Commitments

Loan commitments as of December 31, 2016 and 2015 are as follows (in thousands):

 

 

 

 

 

 

 

 

 

    

2016

    

2015

 

Commitments to extend credit

 

$

483,345

 

$

495,506

 

Financial guarantees – standby letters of credit

 

 

89,233

 

 

31,029