Fair Value Measurements (Tables)

3 Months Ended

Mar. 31, 2014

Fair Value Disclosures [Abstract]

Schedule Of Estimated Fair Values

Estimated fair values as of the periods indicated are as follows:

	March 31, 2014				December 31, 2013
(In Thousands)	Carrying Amount		Fair Value		Carrying Amount		Fair  Value
Financial assets:
Level 1 inputs:
Cash, due from banks and deposits in other banks		$108,841		$108,841		$99,091		$99,091
Investment securities	29,696		29,696		20,487		20,487
Level 2 inputs:
Investment securities	206,546		206,675		232,305		232,458
Accrued interest receivable	2,934		2,934		2,729		2,729
Interest rate contracts	97		97		186		186
Level 3 inputs:
Loans and loans held for sale, net	761,361		766,806		765,035		769,570
Purchased receivables, net	9,900		9,900		16,025		16,025
Financial liabilities:
Level 2 inputs:
Deposits		$997,757		$997,829		$1,003,723		$1,003,816
Securities sold under repurchase agreements	19,886		19,886		21,143		21,143
Borrowings	2,197		2,246		6,527		6,448
Accrued interest payable	50		50		52		52
Interest rate contracts	97		97		186		186
Level 3 inputs:
Junior subordinated debentures	18,558		15,932		18,558		15,456
Unrecognized financial instruments:
Commitments to extend credit(1)		$189,612		$1,896		$187,931		$1,879
Standby letters of credit(1)	6,464		65		6,463		65

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

The following table sets forth the balances as of the periods indicated of assets 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, 2014
Assets:
Available for sale securities
U.S. Treasury and government sponsored entities		$159,731		$10,506		$149,225		$—
Municipal securities	19,671		—		19,671		—
U.S. Agency mortgage-backed securities	25		—		25		—
Corporate bonds	49,670		16,069		33,601		—
Preferred stock	3,121		3,121		—		—
Total available for sale securities		$232,218		$29,696		$202,522		$—
Other assets (interest rate contracts)		$97		$—		$97		$—
Liabilities:
Other liabilities (interest rate contracts)		$97		$—		$97		$—
December 31, 2013
Assets:
Available for sale securities
U.S. Treasury and government sponsored entities		$168,702		$5,538		$163,164		$—
Municipal securities	20,149		419		19,730		—
U.S. Agency mortgage-backed securities	25		—		25		—
Corporate bonds	56,778		11,496		45,282		—
Preferred stock	3,034		3,034		—		—
Total available for sale securities		$248,688		$20,487		$228,201		$—
Other assets (interest rate contracts)		$186		$—		$186		$—
Liabilities:
Other liabilities (interest rate contracts)		$186		$—		$186		$—

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

March 31, 2014 and 2013, no impairment or valuation adjustment was recognized for assets recognized at fair value on a nonrecurring basis, except for certain assets as shown in the following table.  For loans measured for impairment, the Company classifies fair value measurements using observable inputs, such as external appraisals, as Level 2 valuations in the fair value hierarchy, and unobservable inputs, such as in-house evaluations, as Level 3 valuations in the fair value hierarchy.    

(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, 2014
Loans measured for impairment		$807		$—		$—		$807		$271
Total		$807		$—		$—		$807		$271
March 31, 2013
Loans measured for impairment		$1,459		$—		$770		$689		$—
Total		$1,459		$—		$770		$689		$—