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Fair Values of Financial Instruments (Tables)
 6 Months Ended
Jun. 30, 2018
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)
 
June 30, 2018
               
Assets
               
Cash and due from banks
 
$
36,433
  
$
36,433
  
$
36,433
  
$
-
  
$
-
 
Interest bearing deposits
  
22,278
   
22,278
   
22,278
   
-
   
-
 
Interest bearing deposits - time
  
2,478
   
2,472
   
-
   
2,472
   
-
 
Equity securities at fair value
  
336
   
336
   
336
   
-
   
-
 
Securities available for sale
  
450,593
   
450,593
   
-
   
450,593
   
-
 
Federal Home Loan Bank and Federal Reserve Bank Stock
  
16,321
  
NA
  
NA
  
NA
  
NA
 
Net loans and loans held for sale
  
2,507,944
   
2,477,253
   
-
   
64,131
   
2,413,122
 
Accrued interest receivable
  
9,722
   
9,722
   
1
   
1,870
   
7,851
 
Derivative financial instruments
  
6,307
   
6,307
   
-
   
6,307
   
-
 
                     
Liabilities
                    
Deposits with no stated maturity (1)
 
$
2,120,537
  
$
2,120,537
  
$
2,120,537
  
$
-
  
$
-
 
Deposits with stated maturity (1)
  
659,979
   
654,745
   
-
   
654,745
   
-
 
Other borrowings
  
40,584
   
40,604
   
-
   
40,604
   
-
 
Subordinated debentures
  
39,354
   
36,082
   
-
   
36,082
   
-
 
Accrued interest payable
  
1,331
   
1,331
   
86
   
1,245
   
-
 
Derivative financial instruments
  
2,573
   
2,573
   
-
   
2,573
   
-
 
                     
December 31, 2017
                    
Assets
                    
Cash and due from banks
 
$
36,994
  
$
36,994
  
$
36,994
  
$
-
  
$
-
 
Interest bearing deposits
  
17,744
   
17,744
   
17,744
   
-
   
-
 
Interest bearing deposits - time
  
2,739
   
2,740
   
-
   
2,740
   
-
 
Trading securities
  
455
   
455
   
455
   
-
   
-
 
Securities available for sale
  
522,925
   
522,925
   
898
   
522,027
   
-
 
Federal Home Loan Bank and Federal Reserve Bank Stock
  
15,543
  
NA
  
NA
  
NA
  
NA
 
Net loans and loans held for sale
  
2,035,666
   
1,962,937
   
-
   
39,436
   
1,923,501
 
Accrued interest receivable
  
8,609
   
8,609
   
1
   
2,192
   
6,416
 
Derivative financial instruments
  
3,080
   
3,080
   
-
   
3,080
   
-
 
 
                    
Liabilities
                    
Deposits with no stated maturity (1)
 
$
1,845,716
  
$
1,845,716
  
$
1,845,716
  
$
-
  
$
-
 
Deposits with stated maturity (1)
  
554,818
   
551,489
   
-
   
551,489
   
-
 
Other borrowings
  
54,600
   
54,918
   
-
   
54,918
   
-
 
Subordinated debentures
  
35,569
   
29,946
   
-
   
29,946
   
-
 
Accrued interest payable
  
892
   
892
   
48
   
844
   
-
 
Derivative financial instruments
  
1,292
   
1,292
   
-
   
1,292
   
-
 
 
(1)
Deposits with no stated maturity include reciprocal deposits with a recorded book balance of $22.0 million and $13.0 million at June 30, 2018 and December 31, 2017, respectively. Deposits with a stated maturity include reciprocal deposits with a recorded book balance of $44.5 million and $38.0 million June 30, 2018 and December 31, 2017, respectively.