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FAIR VALUE MEASUREMENT AND FAIR VALUES OF FINANCIAL INSTRUMENTS (Tables)
 6 Months Ended
Jun. 30, 2012
Fair Value Measurement and Fair Values Of Financial Instruments [Abstract]  
Fair Value Assets and Liabilities Measured On Recurring and Nonrecurring Basis [Table Text Block]

The estimated fair values of financial instruments and respective level classifications at June 30, 2012, are as follows:

Fair value measurements using
Quoted prices in Significant
active markets for Other observable unobservable
(Dollars in thousands) identical assets inputs inputs
Carrying Value       Fair Value       (Level 1)       (Level 2)       (Level 3)
FINANCIAL ASSETS:
Cash and cash equivalents $     110,887 $     110,887 $     110,887 $     - $     -
Trading securities 793 793 793 - -
Investment securities 708,884 708,884 1,978 698,528 8,378
Federal Home Loan Bank stock 12,148 12,148 - 12,148 -
Loans held for sale - - - - -
Net loans (net of allowance for loan losses) 1,462,665 1,428,836 - - 1,428,836
Bank owned life insurance 26,646 26,646 - 26,646 -
 
FINANCIAL LIABILITIES:
Deposits $ 1,876,885   $ 1,877,012   $ -   $ 1,877,012   $ -
Short-term borrowings 15,000 15,000   15,000
Long-term borrowings 112,900 113,539 - 113,539 -
 
Junior subordinated debentures-variable 51,000 27,133 - 27,133 -

     The estimated fair values of financial instruments at December 31, 2011, are as follows:

(Dollars in thousands) Carrying Value       Fair Value
FINANCIAL ASSETS:
Cash and cash equivalents $     92,227 $     92,227
Trading securities 747 747
Investment securities available for sale 729,844 729,844
Federal Home Loan Bank stock 12,148 12,148
Net loans (net of allowance for loan losses    
       and including loans held for sale) 1,469,370   1,394,586
Bank owned life insurance 26,228 26,228
 
FINANCIAL LIABILITIES:
Deposits $ 1,915,569 $ 1,916,030
Long-term borrowings 120,000 120,032
 
Junior subordinated debentures-variable 51,000 27,350
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Table Text Block]

The tables below present fair value information on certain assets broken down by recurring or nonrecurring measurement status for the periods shown.

Fair value measurements at June 30, 2012, using    
Quoted prices in active
markets for identical Other observable Significant Impairment
(Dollars in thousands) Fair Value assets inputs unobservable inputs recognized
     June 30, 2012      (Level 1)      (Level 2)      (Level 3)     
Recurring fair value measurements:
Trading securities $       793 $                       793 $           - $                 -
Available for sale securities:
       U.S. Treasury securities 200 - 200 -
       U.S. Government agency securities 204,688 - 204,688 -  
       Corporate securities 8,378 - - 8,378
       Mortgage-backed securities   410,083   - 410,083   -
       Obligations of state and political subdivisions 73,630 - 73,630 -
       Equity investments and other securities 11,905 1,978   9,927 -
Total recurring assets measured at fair value $ 709,677 $ 2,771 $ 698,528 $ 8,378
   
Nonrecurring fair value measurements
       for the three months ending:
Loans measured for impairment 1 $ 4,934 $ - $ - $ 4,934 $        1,657
OREO 1 15,438 - - 15,438 1,213
Total nonrecurring fair value measurements $ 20,372 $ - $ - $ 20,372 $ 2,870
   
Nonrecurring fair value measurements
       for the six months ending:
Loans measured for impairment 1 $ 11,929 $ - $ - $ 11,929 $ 4,014
OREO 1 27,114 - - 27,114 1,734
Total nonrecurring fair value measurements $ 39,043 $ - $ - $ 39,043 $ 5,748
 

1 Fair value amounts exclude the estimated selling costs of impaired loan collateral and OREO properties.

Fair value measurements at December 31, 2011, using
Quoted prices in active            
markets for identical Other observable Significant Impairment
(Dollars in thousands) Fair Value assets inputs unobservable inputs recognized
     December 31, 2011      (Level 1)      (Level 2)      (Level 3)     
Recurring fair value measurements:
Trading securities $               747 $                      747 $           - $                -
Available for sale securities:
       U.S. Treasury securities 203 - 203 -  
       U.S. Government agency securities 219,631 - 219,631 -
       Corporate securities 8,507 - - 8,507
       Mortgage-backed securities 428,725 - 428,725 -
       Obligations of state and political subdivisions 60,732 - 60,732 -
       Equity investments and other securities 12,046 1,980 10,066 -  
Total recurring assets measured at fair value $ 730,591 $ 2,727 $ 719,357 $ 8,507
   
Nonrecurring fair value measurements:  
Loans measured for impairment 1 $ 68,466 $ - $ - $ 68,466 $      15,410
OREO 1   60,491   -   - 60,491   4,832
Total nonrecurring fair value measurements $ 128,957 $ - $ - $ 128,957 $ 20,242
 

1 Fair value amounts exclude the estimated selling costs of impaired loan collateral and OREO properties.
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]

The following table represents a reconciliation of Level 3 instruments for assets that are measured at fair value on a recurring basis for the three and six months ended June 30, 2012, and 2011:

Three months ended June 30, 2012
Reclassification of
Gains (losses) losses from
included in other adjustment for Purchases,
Balance comprehensive impairment of Issuances, and Balance
(Dollars in thousands)       March 31, 2012       income       securities       Settlements       June 30, 2012
Corporate securities $ 8,517 $                   (139 ) $ - $ 8,378
Fair value $ 8,517 $ (139 ) $ - $ - $ 8,378
   
Six months ended June 30, 2012
Reclassification of
  Gains (losses) losses from
included in other adjustment for Purchases,
Balance comprehensive impairment of Issuances, and Balance
(Dollars in thousands)       January 1, 2012       income       securities       Settlements       June 30, 2012
Corporate securities $ 8,507 $                (178 ) $ 49 $ - $ 8,378
Fair value $ 8,507 $ (178 ) $ 49 $ - $ 8,378
  
Three months ended June 30, 2011
Reclassification of
Gains (losses) losses from
included in other adjustment for Purchases,
Balance comprehensive impairment of Issuances, and Balance
(Dollars in thousands)       March 31, 2011       income       securities       Settlements       June 30, 2011
Corporate securities $ 9,850 $ (523 ) $ 179 $ - $ 9,506
Obligations of state and political subdivisions 889 (85 ) - - 804
Fair value $ 10,739 $ (608 ) $ 179 $ - $ 10,310
   
Six months ended June 30, 2011
Reclassification of
Gains (losses) losses from
included in other adjustment for Purchases,
Balance comprehensive impairment of Issuances, and Balance
(Dollars in thousands)       January 1, 2011       income       securities       Settlements       June 30, 2011
Corporate securities $ 9,392 $               (65 ) $ 179 $ - $ 9,506
Obligations of state and political subdivisions 957 (153 ) - - 804
Fair value $ 10,349 $ (218 ) $ 179 $ - $ 10,310
Fair Value Inputs, Assets, Quantitative Information [Table Text Block]

    The following table presents quantitative information about Level 3 fair value measurements for the three months ended June 30, 2012:

(Dollars in thousands)
June 30, 2012 Valuation Unobservable Weighted
Fair Value technique       inputs       Range       average
Corporate securities       $          8,378       Discounted cash flow Prepayment rate 0 - 1% 0.50%
Deferral/default rate .25 - 1.50% 0.88%
Recovery rate 0 - 50% 25%
Recovery lag 0 - 5 years 2.5 years
Discount rate 7.30 - 8.70% 7.90%
Loans measured for impairment 1,696 Income approach Capitalization rate 6.75 - 8.00% 7.26%
3,238 Market comparable Adjustment to appraisal value .25 - 22.34% 5.58%
OREO 1,680 Income approach Capitalization rate 6.75% 6.75%
  13,758 Market comparable Adjustment to appraisal value .25 - 36.88% 7.95%
   

     The following table presents quantitative information about Level 3 fair value measurements for the six months ended June 30, 2012:

   
(Dollars in thousands)
June 30, 2012 Valuation Unobservable Weighted
Fair Value technique inputs Range average
Corporate securities $          8,378 Discounted cash flow Prepayment rate 0 - 1%   0.50%
Deferral/default rate .25 - 1.5% 0.88%
Recovery rate 0 - 50% 25%
Recovery lag 0 - 5 years 2.5 years
Discount rate 7.60 - 8.80% 8.10%
Loans measured for impairment 3,507 Income approach Capitalization rate   6.75 - 8.00% 7.27%
  8,422 Market comparable   Adjustment to appraisal value .25 - 45.91% 11.02%
OREO   6,248   Income approach Capitalization rate 6.75 - 8.50% 7.69%
20,866 Market comparable Adjustment to appraisal value 0 - 51.46% 7.81%