Fair Values of Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2016

Fair Values of Financial Instruments [Abstract]

Estimated recorded book balances and fair values

The estimated recorded book balances and fair values follow:

					Fair Value Using
	Recorded Book Balance		Fair Value		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Un- observable Inputs (Level 3)
	(In thousands)
March 31, 2016
Assets
Cash and due from banks	$	41,790	$	41,790	$	41,790	$	-	$	-
Interest bearing deposits		102,919		102,919		102,919		-		-
Interest bearing deposits - time		10,178		10,214		-		10,214		-
Trading securities		136		136		136		-		-
Securities available for sale		589,500		589,500		-		589,500		-
Federal Home Loan Bank and Federal
Reserve Bank Stock		15,600	NA		NA		NA		NA
Net loans and loans held for sale		1,544,503		1,513,641		-		28,016		1,485,625
Accrued interest receivable		6,855		6,855		-		2,300		4,555
Derivative financial instruments		2,584		2,584		-		2,584		-
Liabilities
Deposits with no stated maturity (1)	$	1,704,515	$	1,704,515	$	1,704,515	$	-	$	-
Deposits with stated maturity (1)		450,191		449,221		-		449,221		-
Other borrowings		11,953		13,425		-		13,425		-
Subordinated debentures		35,569		22,526		-		22,526		-
Accrued interest payable		562		562		21		541		-
Derivative financial instruments		1,952		1,952		-		1,952		-
December 31, 2015
Assets
Cash and due from banks	$	54,260	$	54,260	$	54,260	$	-	$	-
Interest bearing deposits		31,523		31,523		31,523		-		-
Interest bearing deposits - time		11,866		11,858		-		11,858		-
Trading securities		148		148		148		-		-
Securities available for sale		585,484		585,484		-		585,484		-
Federal Home Loan Bank and Federal
Reserve Bank Stock		15,471	NA		NA		NA		NA
Net loans and loans held for sale		1,520,346		1,472,613		-		27,866		1,444,747
Accrued interest receivable		6,565		6,565		5		1,969		4,591
Derivative financial instruments		1,238		1,238		-		1,238		-
Liabilities
Deposits with no stated maturity (1)	$	1,659,743	$	1,659,743	$	1,659,743	$	-	$	-
Deposits with stated maturity (1)		426,220		423,776		-		423,776		-
Other borrowings		11,954		13,448		-		13,448		-
Subordinated debentures		35,569		23,069		-		23,069		-
Accrued interest payable		466		466		21		445		-
Derivative financial instruments		619		619		-		619		-

(1) Deposits with no stated maturity include reciprocal deposits with a recorded book balance of $14.2 million and $11.8 million at March 31, 2016 and December 31, 2015, respectively.  Deposits with a stated maturity include reciprocal deposits with a recorded book balance of $36.1 million and $38.4 million at March 31, 2016 and December 31, 2015, respectively.