XML 68 R56.htm IDEA: XBRL DOCUMENT v3.5.0.2
FAIR VALUE OF FINANCIAL INSTRUMENTS - Fair Value of Financial Instruments (Details) - USD ($)
$ in Thousands
Jun. 30, 2016
Dec. 31, 2015
Jun. 30, 2015
Dec. 31, 2014
Assets:        
Cash and cash equivalents $ 59,522 $ 150,183 $ 40,645 $ 154,459
Securities available for sale 280,078 283,454    
Securities held to maturity 114,591 120,093    
FHLB stock 7,036 3,797    
Liabilities:        
Short-term borrowings 70,000      
Level 1        
Assets:        
Cash and cash equivalents 59,522 150,183    
Total assets 59,522 150,183    
Liabilities:        
Deposits 1,234,083 1,296,867    
Accrued interest payable 12 13    
Total liabilities 1,234,095 1,296,880    
Level 2        
Assets:        
Securities available for sale 280,078 283,454    
Securities held to maturity 114,591 120,093    
Interest rate swap agreement 2,691 1,084    
Accrued interest receivable 1,052 1,085    
Total assets 398,412 405,716    
Liabilities:        
Deposits 219,836 254,179    
Short-term borrowings 70,000      
Securities sold under agreement to repurchase 184,882 286,586    
Other long-term debt 3,733 5,191    
Junior subordinated debentures issued to unconsolidated subsidiary trust 15,685 14,975    
Interest rate swap agreement 2,213 1,004    
Accrued interest payable 54 139    
Total liabilities 496,403 562,074    
Level 3        
Assets:        
Loans, net of allowance for loan losses 1,391,031 1,397,877    
Accrued interest receivable 2,662 3,289    
Total assets 1,393,693 1,401,166    
Carrying Amount        
Assets:        
Cash and cash equivalents 59,522 150,183    
Securities available for sale 280,078 283,454    
Securities held to maturity 111,070 119,674    
FHLB stock 7,036 3,797    
Loans, net of allowance for loan losses 1,382,973 1,402,240    
Interest rate swap agreement 2,691 1,084    
Accrued interest receivable 3,714 4,374    
Total assets 1,847,084 1,964,806    
Liabilities:        
Deposits 1,453,330 1,551,439    
Short-term borrowings 70,000      
Securities sold under agreement to repurchase 184,920 286,639    
Other long-term debt 3,694 5,238    
Junior subordinated debentures issued to unconsolidated subsidiary trust 20,619 20,619    
Interest rate swap agreement 2,213 1,004    
Accrued interest payable 66 152    
Total liabilities 1,734,842 1,865,091    
Fair Value        
Assets:        
Cash and cash equivalents 59,522 150,183    
Securities available for sale 280,078 283,454    
Securities held to maturity 114,591 120,093    
Loans, net of allowance for loan losses 1,391,031 1,397,877    
Interest rate swap agreement 2,691 1,084    
Accrued interest receivable 3,714 4,374    
Total assets 1,851,627 1,957,065    
Liabilities:        
Deposits 1,453,919 1,551,046    
Short-term borrowings 70,000      
Securities sold under agreement to repurchase 184,882 286,586    
Other long-term debt 3,733 5,191    
Junior subordinated debentures issued to unconsolidated subsidiary trust 15,685 14,975    
Interest rate swap agreement 2,213 1,004    
Accrued interest payable 66 152    
Total liabilities $ 1,730,498 $ 1,858,954