Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2012

Fair Value Measurements [Abstract]

Schedule Of Estimated Fair Values

		December 31, 2012				December 31, 2011
(In Thousands)	Carrying Amount		Fair Value		Carrying Amount		Fair  Value
Financial assets:
Level 1 inputs:
Cash, due from banks and deposits in other banks	$	154,813	$	154,813	$	91,530	$	91,530
Level 2 inputs:
Investment securities		208,634		208,863		227,905		228,163
Accrued interest receivable		2,618		2,618		2,898		2,898
Level 3 inputs:
Loans and loans held for sale, net		699,510		696,951		656,881		649,907
Purchased receivables, net		19,022		19,022		30,209		30,209
Financial liabilities:
Level 2 inputs:
Deposits	$	970,129	$	969,958	$	911,248	$	910,927
Securities sold under repurchase agreements		19,038		19,038		16,348		16,348
Borrowings		4,479		4,193		4,626		4,066
Junior subordinated debentures		18,558		18,590		18,558		17,356
Accrued interest payable		47		47		52		52
Unrecognized financial instruments:
Commitments to extend credit(1)	$	208,328	$	2,083	$	173,834	$	1,738
Standby letters of credit(1)		22,132		221		16,172		162
(1) Carrying amounts reflect the notional amount of credit exposure under these financial instruments.

Schedule Of Assets And Liabilities Measured At Fair Value On A Recurring Basis

(In Thousands)	Total		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
December 31, 2012
Available for sale securities
U.S. Treasury and government sponsored entities	$	124,414	$	-	$	124,414	$	-
Municipal securities		21,728		-		21,728		-
U.S. Agency mortgage-backed securities		36		-		36		-
Corporate bonds		53,982		-		53,982		-
Preferred stock		3,758		-		3,758		-
Total	$	203,918	$	-	$	203,918	$	-
December 31, 2011
Available for sale securities
U.S. Treasury and government sponsored entities	$	161,104	$	-	$	161,104	$	-
Municipal securities		16,935		-		16,935		-
U.S. Agency mortgage-backed securities		54		-		54		-
Corporate bonds		42,991		-		42,991		-
Preferred stock		999		-		999		-
Total	$	222,083	$	-	$	222,083	$	-

Schedule Of Asset Impairment Or Valuation Adjustment Recognized At Fair Value On A Nonrecurring Basis

(In Thousands)	Total		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Total (gains) losses
December 31, 2012
Loans measured for impairment1	$	1,410	$	-	$	794	$	616	$	(522)
Other real estate owned2		1,536		-		-		1,536		469
Total	$	2,946	$	-	$	794	$	2,152	$	(53)
December 31, 2011
Loans measured for impairment1	$	2,836	$	-	$	204	$	2,632	$	797
Other real estate owned2	$	1,432	$	-	$	-	$	1,432	$	92
Total	$	4,268	$	-	$	204	$	4,064	$	889
1  Relates to certain impaired collateral dependent loans.  The impairment was measured based on the fair value of collateral, in accordance
with U.S. GAAP.   The unobservable inputs for Level 3 impaired loans did not change between December 31, 2011 and December 31, 2012.
The $522,000 gain noted above arose primarily from principal paydowns on impaired loans in 2012.
2  Relates to certain impaired other real estate owned.  This impairment arose from an adjustment to the Company’s estimate of the fair market
value of these properties based on changes in estimated costs to complete the projects and changes in market conditions.  The Company
took a weighted average discount of 31% on impaired other real estate owned classified as Level 3 assets.