Fair Value Measurements (Tables)

3 Months Ended

Mar. 31, 2013

Fair Value Measurements [Abstract]

Schedule Of Estimated Fair Values

		March 31, 2013				December 31, 2012
(In Thousands)	Carrying Amount		Fair Value		Carrying Amount		Fair  Value
Financial assets:
Level 1 inputs:
Cash, due from banks and deposits in other banks	$	102,527	$	102,527	$	154,813	$	154,813
Level 2 inputs:
Investment securities		226,157		226,377		208,634		208,863
Accrued interest receivable		2,970		2,970		2,618		2,618
Level 3 inputs:
Loans and loans held for sale, net		716,422		712,964		699,510		696,951
Purchased receivables, net		18,683		18,683		19,022		19,022
Financial liabilities:
Level 2 inputs:
Deposits	$	954,913	$	954,724	$	970,129	$	969,958
Securities sold under repurchase agreements		13,411		13,411		19,038		19,038
Borrowings		6,675		6,350		4,479		4,193
Junior subordinated debentures		18,558		18,198		18,558		18,590
Accrued interest payable		48		48		47		47
Unrecognized financial instruments:
Commitments to extend credit1	$	214,026	$	2,140	$	208,328	$	2,083
Standby letters of credit1		22,042		220		22,132		221
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)
March 31, 2013
Available for sale securities
U.S. Treasury and government sponsored entities	$	139,565	$	-	$	139,565	$	-
Municipal securities		22,151		-		22,151		-
U.S. Agency mortgage-backed securities		34		-		34		-
Corporate bonds		57,081		-		57,081		-
Preferred stock		2,629		-		2,629		-
Total	$	221,460	$	-	$	221,460	$	-
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	$	-

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
March 31, 2013
Loans measured for impairment1	$	1,459	$	-	$	770	$	689	$	-
Total	$	1,459	$	-	$	770	$	689	$	-
March 31, 2012
Loans measured for impairment1	$	1,993	$	-	$	921	$	1,072	$	(403)
Total	$	1,993	$	-	$	921	$	1,072	$	(403)
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, 2012 and March 31, 2013.  The $403,000 gain noted above for 2012 arose
primarily from principal paydowns on impaired loans during the period.