Fair Value (Tables)

12 Months Ended

Dec. 31, 2014

Fair Value Disclosures [Abstract]

Schedule of Assets and Liabilities Measured at Fair Value on Recurring Basis

Assets and liabilities measured at fair value on a recurring basis, including financial assets and liabilities for which the Company has elected the fair value option, are summarized below:

	Fair Value Measurements at December 31, 2014 Using
	Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable  Inputs (Level 3)		Total
Assets:
U.S. Treasury and Agency Securities	$	—	$	19,561	$	—	$	19,561
Corporate Securities	—		—		—		—
Obligations of State and Political Subdivisions	—		143,636		10,141		153,777
Mortgage-backed Securities-Residential	—		457,304		—		457,304
Equity Securities	—		—		353		353
Total Securities	$	—	$	620,501	$	10,494	$	630,995
Loans Held-for-Sale	$	—	$	6,311	$	—	$	6,311
Derivative Assets	$	—	$	507	$	—	$	507
Derivative Liabilities	$	—	$	508	$	—	$	508

	Fair Value Measurements at December 31, 2013 Using
	Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Total
Assets:
U.S. Treasury and Agency Securities	$	—	$	18,952	$	—	$	18,952
Corporate Securities	—		—		—		—
Obligations of State and Political Subdivisions	—		102,665		10,832		113,497
Mortgage-backed Securities-Residential	—		473,230		—		473,230
Equity Securities	—		—		353		353
Total Securities	$	—	$	594,847	$	11,185	$	606,032
Loans Held-for-Sale	$	—	$	9,265	$	—	$	9,265
Derivative Assets	$	—	$	866	$	—	$	866
Derivative Liabilities	$	—	$	737	$	—	$	737

Reconciliation of all Assets Measured at Fair Value on Recurring Basis, Using Significant Unobservable Inputs (Level 3)

The table below presents a reconciliation of all assets measured at fair value on a recurring basis using significant unobservable inputs (Level 3) for the year ended December 31, 2014 and 2013:

	Obligations of State and Political Subdivisions						Equity Securities				Corporate Securities
	2014			2013			2014		2013		2014		2013
Balance of Recurring Level 3 Assets at January 1	$	10,832		$	12,169		$	353	$	353	$	—	$	—
Total Gains or Losses (realized/unrealized) Included in earnings	164			(332		)	—		—		—		—
Maturities / Calls	(855		)	(1,005		)	—		—		—		—
Purchases	—			—			—		—		—		—
Balance of Recurring Level 3 Assets at December 31	$	10,141		$	10,832		$	353	$	353	$	—	$	—

Schedule of Assets and Liabilities Measured at Fair Value on Non-Recurring Basis

Assets and liabilities measured at fair value on a non-recurring basis are summarized below:

	Fair Value Measurements at December 31, 2014 Using
	Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Total
Assets:
Impaired Loans with Specific Allocations
Commercial and Industrial Loans	$	—	$	—	$	—	$	—
Commercial Real Estate Loans	—		—		1,504		1,504
Agricultural Loans	—		—		—		—
Other Real Estate
Commercial Real Estate	—		—		68		68

	Fair Value Measurements at December 31, 2013 Using
	Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Total
Assets:
Impaired Loans with Specific Allocations
Commercial and Industrial Loans	$	—	$	—	$	—	$	—
Commercial Real Estate Loans	—		—		1,346		1,346
Agricultural Loans	—		—		—		—
Other Real Estate
Commercial Real Estate	—		—		20		20

Quantitative Information of Fair Value Measurements

The following table presents quantitative information about Level 3 fair value measurements for financial instruments measured at fair value on a non-recurring basis at December 31, 2014 and 2013:

December 31, 2014	Fair Value		Valuation Technique(s)	Unobservable Input(s)	Range (Weighted Average)
Impaired Loans - Commercial Real Estate Loans	$	1,504	Sales comparison approach Income approach Cost approach	Adjustment for physical condition of comparable properties sold Adjustment for net operating income generated by the property Adjustment for investor rates of return	30% - 86% (71%)
Other Real Estate - Commercial Real Estate Loans	$	68	Sales comparison approach Income approach Cost approach	Adjustment for physical condition of comparable properties sold Adjustment for net operating income generated by the property Adjustment for investor rates of return	55% (55%)

December 31, 2013	Fair Value		Valuation Technique(s)	Unobservable Input(s)	Range (Weighted Average)
Impaired Loans - Commercial Real Estate Loans	$	1,346	Sales comparison approach Income approach Cost approach	Adjustment for physical condition of comparable properties sold Adjustment for net operating income generated by the property Adjustment for investor rates of return	12% - 80% (53%)
Other Real Estate - Commercial Real Estate Loans	$	20	Sales comparison approach Income approach Cost approach	Adjustment for physical condition of comparable properties sold Adjustment for net operating income generated by the property Adjustment for investor rates of return	50% (50%)

Schedule of Carrying Amounts and Estimated Fair Values of Company's Financial Instruments

				Fair Value Measurements at December 31, 2014 Using
	Carrying Value			Level 1			Level 2			Level 3			Total
Financial Assets:
Cash and Short-term Investments	$	42,546		$	33,481		$	9,065		$	—		$	42,546
Securities Held-to-Maturity	184			—			186			—			186
FHLB Stock and Other Restricted Stock	7,040			N/A			N/A			N/A			N/A
Loans, Net	1,431,549			—			—			1,432,622			1,432,622
Accrued Interest Receivable	8,162			—			2,240			5,922			8,162
Financial Liabilities:
Demand, Savings, and Money Market Deposits	(1,446,336		)	(1,446,336		)	—			—			(1,446,336		)
Time Deposits	(333,425		)	—			(335,134		)	—			(335,134		)
Short-term Borrowings	(141,473		)	—			(141,473		)	—			(141,473		)
Long-term Debt	(64,591		)	—			(60,289		)	(5,429		)	(65,718		)
Accrued Interest Payable	(754		)	—			(704		)	(50		)	(754		)
Unrecognized Financial Instruments:
Commitments to Extend Credit	—			—			—			—			—
Standby Letters of Credit	—			—			—			—			—
Commitments to Sell Loans	—			—			—			—			—

				Fair Value Measurements at December 31, 2013 Using
	Carrying Value			Level 1			Level 2			Level 3			Total
Financial Assets:
Cash and Short-term Investments	$	60,232		$	37,370		$	22,862		$	—		$	60,232
Securities Held-to-Maturity	268			—			271			—			271
FHLB Stock and Other Restricted Stock	9,004			N/A			N/A			N/A			N/A
Loans, Net	1,366,452			—			—			1,370,339			1,370,339
Accrued Interest Receivable	7,470			—			1,918			5,552			7,470
Financial Liabilities:
Demand, Savings, and Money Market Deposits	(1,463,122		)	(1,463,122		)	—			—			(1,463,122		)
Time Deposits	(349,034		)	—			(351,707		)	—			(351,707		)
Short-term Borrowings	(53,533		)	—			(53,533		)	—			(53,533		)
Long-term Debt	(87,237		)	—			(83,329		)	(5,311		)	(88,640		)
Accrued Interest Payable	(777		)	—			(732		)	(45		)	(777		)
Unrecognized Financial Instruments:
Commitments to Extend Credit	—			—			—			—			—
Standby Letters of Credit	—			—			—			—			—
Commitments to Sell Loans	—			—			—			—			—