Fair Value Disclosures (Tables)

9 Months Ended

Sep. 30, 2011

Fair Value Disclosures [Abstract]

Assets And Liabilities Measured At Fair Value On A Recurring Basis

			Fair Value Measurements at Reporting Date Using
Description	September 30, 2011		Quoted Prices in Active  Markets for Identical Instruments (Level 1)		Significant Other Observable  Inputs (Level 2)		Significant Unobservable  Inputs (Level 3)
Assets
Available-for-sale securities:
U.S. Government Agencies	$	235,757	$	0	$	235,757	$	0
Obligations of states and political subdivisions		412,934				412,934
Agency residential mortgage-backed securities		1,691,587				1,691,587
Non-agency residential mortgage-backed securities		74,767				74,767
Commercial mortgage-backed securities		65,290				65,290
Other structured financial products		12,740				0		12,740
Other debt securities		50,672				50,672
Equity securities of the FHLB		73,007				73,007
Equity securities of the FRB		50,225				50,225
Other equity securities		24,308		1,574		19,304		3,430
Derivatives: (1)						`
Designated as hedging instruments		40				40
Not designated or qualifying as hedging instruments		23,708				23,708
Total	$	2,715,035	$	1,574	$	2,697,291	$	16,170
Liabilities
Derivatives: (2)
Designated as hedging instruments	$	53,802	$	0	$	53,802	$	0
Not designated or qualifying as hedging instruments		22,283				22,283
Total	$	76,085	$	0	$	76,085	$	0

(1) Included in Other assets

(2) Included in Other liabilities

			Fair Value Measurements at Reporting Date Using
Description	December 31, 2010		Quoted Prices in Active Markets for Identical Instruments (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Assets
Available-for-sale securities:
U.S. Government Agencies	$	268,175	$	0	$	268,175	$	0
Obligations of states and political subdivisions		396,660				396,660
Agency residential mortgage-backed securities		1,323,569				1,323,569
Non-agency residential mortgage-backed securities		116,811				116,811
Commercial mortgage-backed securities		104,842				104,842
Other structured financial products		12,503				0		12,503
Other debt securities		41,000				41,000
Equity securities of the FHLB		71,065				71,065
Equity securities of the FRB		50,225				50,225
Other equity securities		24,093		2,446		18,266		3,381
Derivatives: (1)
Designated as hedging instruments		181				181
Not designated or qualifying as hedging instruments		17,167				17,167
Total	$	2,426,291	$	2,446	$	2,407,961	$	15,884
Liabilities
Derivatives: (2)
Designated as hedging instruments	$	31,793	$	0	$	31,793	$	0
Not designated or qualifying as hedging instruments		16,767				16,767
Total	$	48,560	$	0	$	48,560	$	0

(1) Included in Other assets

(2) Included in Other liabilities

Assets Measured At Fair Value On A Recurring Basis Using Significant Unobservable Inputs

Fair Value Measurements Using Significant Unobservable Inputs (Level 3)

	Available-for-sale Securities
	Equity Securities		Other Structured Financial Products			Total
Balance at January 1, 2011	$	3,399	$	14,133		$	17,532
Total gains or losses (realized/unrealized): Included in other comprehensive income (before taxes)		31		(1,393	)		(1,362	)
Balance at September 30, 2011	$	3,430	$	12,740		$	16,170

	Available-for-sale Securities
	Equity Securities			Synthetic Collateralized Debt Obligations			Other Structured Financial Products		Total
Balance at January 1, 2010	$	3,556		$	1,576		$	10,953	$	16,085
Total gains or losses (realized/unrealized):
Other-than-temporary impairment (1)		(240	)		0			0		(240	)
Included in other comprehensive income (before taxes)		240			(353	)		760		647
Balance at September 30, 2010	$	3,556		$	1,223		$	11,713	$	16,492

The following tables present roll forwards of the balance sheet amounts for the nine months ended September 30, 2011 and 2010, for financial instruments classified by Susquehanna within Level 3 of the valuation hierarchy.

Fair Value Measurements Using Significant Unobservable Inputs (Level 3)

	Available-for-sale Securities
	Equity Securities		Other Structured Financial Products		Total
Balance at January 1, 2011	$	3,381	$	12,503	$	15,884
Total gains or losses (realized/unrealized):
Included in other comprehensive income (before taxes)		49		237		286
Balance at September 30, 2011	$	3,430	$	12,740	$	16,170

	Available-for-sale Securities
	Equity Securities			Synthetic Collateralized Debt Obligations			Other Structured Financial Products			Non-agency Residential Mortgage- backed Securities			Interest-only Strips			Total
Balance at January 1, 2010	$	4,081		$	1,331		$	14,113		$	2,111		$	17,840		$	39,476
Adjustments relating to the consolidation of variable interest entities											(2,111	)		(17,840	)		(19,951	)
Total gains or losses (realized/unrealized):
Other-than-temporary impairment (1)		(240	)		(557	)											(797	)
Included in other comprehensive income (before taxes)		(285	)		449			(2,400	)								(2,236	)
Balance at September 30, 2010	$	3,556		$	1,223		$	11,713		$	0		$	0		$	16,492

(1) Included in noninterest income, net impairment losses recognized in earnings.

Fair Value Of Assets And Liabilities Measured On Nonrecurring Basis

		$00000000000		$00000000000		$00000000000		$00000000000
Description	September 30, 2011		Quoted Prices in Active Markets for Identical Instruments (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Impaired loans	$	62,172	$	0	$	0	$	62,172
Foreclosed real estate		29,563		0		0		29,563
	$	91,735	$	0	$	0	$	91,735

Specific reserves for the first nine months of 2011 were reduced by $12,689. These specific reserves were taken into consideration when the required level of the allowance for loan and lease losses was determined at September 30, 2011.

		$00000000000		$00000000000		$00000000000		$00000000000
Description	December 31, 2010		Quoted Prices in Active Markets for Identical Instruments (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Impaired loans	$	103,818	$	0	$	0	$	103,818
Foreclosed real estate		18,489		0		0		18,489
	$	122,307	$	0	$	0	$	122,307

Carrying Amounts And Estimated Fair Values

	September 30, 2011				December 31, 2010
	Carrying Amount		Fair Value		Carrying Amount		Fair Value
Financial assets:
Cash and due from banks	$	254,074	$	254,074	$	200,646	$	200,646
Short-term investments		104,208		104,208		93,947		93,947
Investment securities		2,699,764		2,699,764		2,417,611		2,417,611
Loans and leases		9,511,709		9,617,224		9,441,363		9,492,108
Derivatives		23,748		23,748		17,348		17,348
Financial liabilities:
Deposits		9,558,631		9,403,964		9,191,207		9,265,942
Short-term borrowings		551,245		551,245		770,623		770,623
FHLB borrowings		1,115,026		1,177,460		1,101,620		1,167,743
Long-term debt		672,162		643,231		705,954		683,628
Derivatives		76,085		76,085		48,560		48,560