Fair Value (Tables)

6 Months Ended

Jun. 30, 2011

Schedule Of Fair Value Assets And Liabilities Measured On Recurring Basis

Fair Value Measurements at June 30, 2011 Using
					Significant
				Quoted Prices in	Other		Significant
				Active Markets for	Observable		Unobservable
		Carrying		Identical Assets	Inputs		Inputs
(dollars in thousands)		Value		(Level 1)	(Level 2)		(Level 3)

Financial Assets
Trading securities	$	2,916	$	2,916	$	0	$	0
Investment securities available-for-sale:
U.S. Treasury		62,746		62,746		0		0
U.S. Government-sponsored entities and agencies		387,211		0		387,211		0
Mortgage-backed securities - Agency		1,104,089		0		1,104,089		0
Mortgage-backed securities - Non-agency		103,535		0		103,535		0
States and political subdivisions		368,421		0		368,421		0
Pooled trust preferred securities		9,738		0		-		9,738
Other securities		167,115		0		167,115		0
Residential loans held for sale		6,104		0		6,104		0
Derivative assets		30,969		0		30,969		0
Financial Liabilities
Derivative liabilities		26,692		0		26,692		0


				Fair Value Measurements at December 31, 2010 Using
					Significant
				Quoted Prices in	Other		Significant
				Active Markets for	Observable		Unobservable
		Carrying		Identical Assets	Inputs		Inputs
(dollars in thousands)		Value		(Level 1)	(Level 2)		(Level 3)

Financial Assets
Investment securities available-for-sale:
U.S. Treasury	$	62,550	$	62,550	$	0	$	0
U.S. Government-sponsored entities and agencies		315,133		0		315,133		0
Mortgage-backed securities - Agency		944,446		0		944,446		0
Mortgage-backed securities - Non-agency		126,806		0		126,806		0
States and political subdivisions		348,924		0		348,924		0
Pooled trust preferred securities		8,400		0		-		8,400
Other securities		153,963		0		153,963		0
Residential loans held for sale		3,819		0		3,819		0
Derivative assets		34,082		0		34,082		0
Financial Liabilities
Derivative liabilities		29,721		0		29,721		0

Reconciliation Of All Assets Measured At Fair Value On A Recurring Basis Using Significant Unobservable Inputs (Level 3)

Fair Value Measurements

using Significant

Unobservable Inputs

(Level 3)

Pooled Trust Preferred

Securities Available-


(dollars in thousands)	for-Sale
Beginning balance, January 1, 2011		$	8,400
Accretion/(amortization) of discount or premium			(35	)
Payments received			(13	)
Credit loss write-downs			0
Increase/(decrease) in fair value of securities			1,386
Ending balance, June 30, 2011		$	9,738

Fair Value Measurements

using Significant

Unobservable Inputs

(Level 3)

Pooled Trust Preferred

Securities Available-


(dollars in thousands)	for-Sale
Beginning balance, January 1, 2010		$	12,398
Accretion/(amortization) of discount or premium			(33	)
Payments received			(10	)
Credit loss write-downs			(311	)
Increase/(decrease) in fair value of securities			(1,504	)
Ending balance, June 30, 2010		$	10,540

Assets Measured At Fair Value On A Non-Recurring Basis

		Fair Value Measurements at June 30, 2011 Using
			Significant
		Quoted Prices in	Other	Significant
		Active Markets for	Observable	Unobservable
	Carrying	Identical Assets	Inputs	Inputs
(dollars in thousands)	Value	(Level 1)	(Level 2)	(Level 3)
Financial Assets
Commercial loans	$23,233	0	0	$23,233
Commercial real estate loans	14,962	0	0	14,962





		Fair Value Measurements at December 31, 2010 Using
			Significant
		Quoted Prices in	Other	Significant
		Active Markets for	Observable	Unobservable
	Carrying	Identical Assets	Inputs	Inputs
(dollars in thousands)	Value	(Level 1)	(Level 2)	(Level 3)
Financial Assets
Commercial loans	$14,721	0	0	$14,721
Commercial real estate loans	8,112	0	0	8,112

Schedule Of Difference between The Aggregate Fair Value And The Aggregate Remaining Principal Balance

Aggregate				Contractual
(dollars in thousands)		Fair Value		Difference		Principal
Residential loans held for sale	$	6,104	$	165	$	5,939

Aggregate				Contractual
(dollars in thousands)		Fair Value		Difference		Principal
Residential loans held for sale	$	5,836	$	215	$	5,621

Changes In Fair Value For Items Measured At Fair Value Pursuant To Election Of The Fair Value

Total Changes


								in Fair Values
		Other						Included in
		Gains and		Interest		Interest		Current Period
(dollars in thousands)		(Losses)		Income		(Expense)		Earnings
Residential loans held for sale	$	92	$	0	$	0	$	92

Total Changes


									in Fair Values
		Other							Included in
		Gains and		Interest		Interest			Current Period
(dollars in thousands)		(Losses)		Income		(Expense)			Earnings
Residential loans held for sale	$	186	$	0	$	(1	)	$	185

Total Changes


								in Fair Values
		Other						Included in
		Gains and		Interest		Interest		Current Period
(dollars in thousands)		(Losses)		Income		(Expense)		Earnings
Residential loans held for sale	$	153	$	1	$	0	$	154

Total Changes


									in Fair Values
		Other							Included in
		Gains and			Interest		Interest		Current Period
(dollars in thousands)		(Losses)			Income		(Expense)		Earnings
Residential loans held for sale	$	(70	)	$	1	$	0	$	(69	)

Carrying Amounts And Estimated Fair Values Of Financial Instruments, Not Previously Presented

	Carrying		Fair
(dollars in thousands)		Value		Value
June 30, 2011
Financial Assets
Cash, due from banks, federal funds sold
and money market investments	$	335,617	$	335,617
Investment securities held-to-maturity:
U.S. Government-sponsored entities and agencies		245,301		250,308
Mortgage-backed securities - Agency		98,374		101,798
State and political subdivisions		216,894		214,944
Other securities		7,139		7,124
Federal Home Loan Bank stock		19,673		19,673
Loans, net (including impaired loans):
Commercial		1,243,578		1,278,698
Commercial real estate		1,137,911		1,188,934
Residential real estate		792,330		856,152
Consumer credit		873,333		921,174
Accrued interest receivable		42,600		42,600
Financial Liabilities
Deposits:
Noninterest-bearing demand deposits	$	1,504,632	$	1,504,632
NOW, savings and money market deposits		2,952,477		2,952,477
Time deposits		1,557,978		1,597,991
Short-term borrowings:
Federal funds purchased		1,385		1,385
Repurchase agreements		294,709		294,710
Other short-term borrowings		9,111		9,111
Other borrowings:
Junior subordinated debenture		16,000		13,173
Subordinated notes		13,000		13,325
Repurchase agreements		50,000		54,246
Federal Home Loan Bank advances		211,316		222,816
Subordinated bank notes		150,000		152,057
Capital lease obligation		4,284		5,218
Accrued interest payable		7,914		7,914
Standby letters of credit		533		533
Off-Balance Sheet Financial Instruments
Commitments to extend credit	$	0	$	1,463


		Carrying		Fair
(dollars in thousands)		Value		Value
December 31, 2010
Financial Assets
Cash, due from banks, federal funds sold
and money market investments	$	251,552	$	251,552
Investment securities held-to-maturity:
U.S. Government-sponsored entities and agencies		303,265		301,809
Mortgage-backed securities - Agency		117,013		119,080
State and political subdivisions		217,381		204,379
Other securities		551		375
Federal Home Loan Bank stock		31,937		31,937
Loans, net (including impaired loans):
Commercial		1,185,194		1,220,464
Commercial real estate		909,742		952,885
Residential real estate		662,396		710,865
Consumer credit		913,810		969,263
Accrued interest receivable		42,971		42,971
Financial Liabilities
Deposits:
Noninterest-bearing demand deposits	$	1,276,024	$	1,276,024
NOW, savings and money market deposits		2,711,644		2,711,644
Time deposits		1,475,257		1,520,093
Short-term borrowings:
Federal funds purchased		1,663		1,663
Repurchase agreements		287,414		287,416
Other short-term borrowings		9,155		9,155
Other borrowings:
Junior subordinated debenture		8,000		7,998
Repurchase agreements		50,000		54,104
Federal Home Loan Bank advances		211,696		220,531
Subordinated bank notes		150,000		154,420
Capital lease obligation		4,307		5,138
Accrued interest payable		7,860		7,860
Standby letters of credit		518		518
Off-Balance Sheet Financial Instruments
Commitments to extend credit	$	0	$	1,311

- Definition

This item represents certain of the disclosures concerning the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments, assets, and liabilities. Such certain disclosures about the financial instruments, assets, and liabilities include: (1) the fair value of the required items together with their carrying amounts (as appropriate) and (2) the methodology and assumptions used in developing such estimates of fair value.

+ References+ Details

- Definition

This element represents quantitative disclosures relating to the Company's election to apply the fair value option for measurement and reporting of eligible financial assets and liabilities (as defined), as well as certain other eligible items (as defined) included in the statement of financial position, whether such option is elected for a single eligible item or a group of similar eligible items and is in addition to other disclosures concerning fair value which the Company may be required to provide. Such disclosure might be expected to include: (1) for items included in the statement of financial position: (a) for each line item in the statement of financial position that includes an item or items for which the fair value option has been elected, provide the aggregate carrying amount of ineligible items included in each line item in the balance sheet, if any; (b) the difference between the aggregate fair value and the aggregate unpaid principal balance (assuming contractual principal amounts and fair value option elected) of: (i) loans and long-term receivables (other than securities otherwise reported at fair value) and (ii) long-term debt instruments; (c) for loans held as assets for which the fair value option has been elected: (i) the aggregate fair value of loans that are 90 days or more past due, (ii) if the policy is to recognize interest income separately from other changes in fair value, the aggregate fair value of loans in nonaccrual status, and (iii) the difference between the aggregate fair value and the aggregate unpaid principal balance for loans that are 90 days or more past due, in nonaccrual status, or both; (2) for items included in the income statement: (a) the amounts of gains and losses from fair value changes included in earnings and in which line in the income statement those gains and losses are reported whether or not combined with gains and losses from items required to be accounted for at fair value; (b) for loans and other receivables held as assets, the estimated amount of gains or losses included in earnings attributable to changes in instrument-specific credit risk; (c) for liabilities with fair values that have been significantly affected during the reporting period by changes in the instrument-specific credit risk, the estimated amount of gains and losses from fair value changes included in earnings that are attributable to changes in the instrument-specific credit risk; and (3) certain other disclosures as required or determined to be provided.

+ References+ Details