Fair Value of Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2016

Fair Value of Financial Instruments [Abstract]

Book Value and Estimated Fair Value of Financial Instruments

The following tables summarize the book value and estimated fair value of financial instruments for the periods indicated:

				Fair Value of Financial Instruments Using
December 31, 2016 (in thousands)	Carrying Amount			Quoted Prices in Active Markets for Identical Assets (Level 1)		Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)			Total Estimated Fair Value
Assets:
Cash and Cash Equivalents	$	98,960		$	98,960	$	-	$	-		$	98,960
Investment Securities Available-for-Sale:
Government Agency & Government-Sponsored Entities		3,241			-		3,241		-			3,241
U.S. Govt SBA		36,314			-		36,314		-			36,314
U.S. Treasury Notes		134,428			134,428		-					134,428
Mortgage Backed Securities		273,270			-		273,270		-			273,270
Other		1,010			200		310		500			1,010
Total Investment Securities Available-for-Sale		448,263			134,628		313,135		500			448,263
Investment Securities Held-to-Maturity:
Obligations of States and Political Subdivisions		58,109			-		40,415		17,993			58,408
Total Investment Securities Held-to-Maturity		58,109			-		40,415		17,993			58,408
FHLB Stock		8,872			N/A		N/A		N/A			N/A
Loans & Leases, Net of Deferred Fees & Allowance:
Commercial Real Estate		656,936			-		-		651,877			651,877
Agricultural Real Estate		458,235			-		-		444,393			444,393
Real Estate Construction		173,239			-		-		172,682			172,682
Residential 1st Mortgages		241,382			-		-		241,174			241,174
Home Equity Lines and Loans		29,485			-		-		30,495			30,495
Agricultural		287,944			-		-		286,074			286,074
Commercial		209,062			-		-		207,215			207,215
Consumer & Other		6,713			-		-		6,706			6,706
Leases		68,135			-		-		67,893			67,893
Unallocated Allowance		(1,449	)		-		-		(1,449	)		(1,449	)
Total Loans & Leases, Net of Deferred Fees & Allowance		2,129,682			-		-		2,107,060			2,107,060
Accrued Interest Receivable		10,047			-		10,047		-			10,047
Liabilities:
Deposits:
Demand		756,236			756,236		-		-			756,236
Interest Bearing Transaction		495,063			495,063		-		-			495,063
Savings and Money Market		760,119			760,119		-		-			760,119
Time		570,293			-		569,183		-			569,183
Total Deposits		2,581,711			2,011,418		569,183		-			2,580,601
Subordinated Debentures		10,310			-		6,578		-			6,578
Accrued Interest Payable		852			-		852		-			852

				Fair Value of Financial Instruments Using
December 31, 2015 (in thousands)	Carrying Amount			Quoted Prices in Active Markets for Identical Assets (Level 1)		Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)			Total Estimated Fair Value
Assets:
Cash and Cash Equivalents	$	59,446		$	59,446	$	-	$	-		$	59,446
Investment Securities Available-for-Sale:
Government Agency & Government-Sponsored Entities		33,251			-		33,251		-			33,251
U.S. Treasury Notes		72,884			72,884		-					72,884
Mortgage Backed Securities		262,493			-		262,493		-			262,493
Other		509			199		310		-			509
Total Investment Securities Available-for-Sale		369,137			73,083		296,054		-			369,137
Investment Securities Held-to-Maturity:
Obligations of States and Political Subdivisions		61,396			-		44,675		17,713			62,388
Total Investment Securities Held-to-Maturity		61,396			-		44,675		17,713			62,388
FHLB Stock		7,795			N/A		N/A		N/A			N/A
Loans & Leases, Net of Deferred Fees & Allowance:
Commercial Real Estate		593,587			-		-		591,271			591,271
Agricultural Real Estate		417,153			-		-		405,295			405,295
Real Estate Construction		149,489			-		-		149,371			149,371
Residential 1st Mortgages		205,616			-		-		207,431			207,431
Home Equity Lines and Loans		30,910			-		-		32,360			32,360
Agricultural		287,658			-		-		285,733			285,733
Commercial		202,968			-		-		201,105			201,105
Consumer & Other		6,417			-		-		6,416			6,416
Leases		62,584			-		-		62,139			62,139
Unallocated Allowance		(1,546	)		-		-		(1,546	)		(1,546	)
Total Loans & Leases, Net of Deferred Fees & Allowance		1,954,836			-		-		1,939,575			1,939,575
Accrued Interest Receivable		9,240			-		9,240		-			9,240
Liabilities:
Deposits:
Demand		711,029			711,029		-		-			711,029
Interest Bearing Transaction		377,594			377,594		-		-			377,594
Savings and Money Market		707,885			707,885		-		-			707,885
Time		481,024			-		480,334		-			480,334
Total Deposits		2,277,532			1,796,508		480,334		-			2,276,842
Subordinated Debentures		10,310			-		6,424		-			6,424
Accrued Interest Payable		513			-		513		-			513