XML 69 R57.htm IDEA: XBRL DOCUMENT v3.5.0.2
FAIR VALUE OF FINANCIAL INSTRUMENTS - Fair Value of Financial Instruments (Details) - USD ($)
$ in Thousands
Sep. 30, 2016
Dec. 31, 2015
Sep. 30, 2015
Dec. 31, 2014
Assets:        
Cash and cash equivalents $ 78,717 $ 150,183 $ 111,459 $ 154,459
Securities available for sale 298,973 283,454    
Securities held to maturity 93,018 120,093    
FHLB stock 4,844 3,797    
Liabilities:        
Short-term borrowings 22,000      
Level 1        
Assets:        
Cash and cash equivalents 78,717 150,183    
Total assets 78,717 150,183    
Liabilities:        
Deposits 1,294,809 1,296,867    
Accrued interest payable 10 13    
Total liabilities 1,294,819 1,296,880    
Level 2        
Assets:        
Securities available for sale 298,973 283,454    
Securities held to maturity 93,018 120,093    
Interest rate swap agreement 2,402 1,084    
Accrued interest receivable 1,017 1,085    
Total assets 395,410 405,716    
Liabilities:        
Deposits 209,352 254,179    
Short-term borrowings 22,000      
Securities sold under agreement to repurchase 276,027 286,586    
Other long-term debt 3,704 5,191    
Junior subordinated debentures issued to unconsolidated subsidiary trust 15,536 14,975    
Interest rate swap agreement 1,881 1,004    
Accrued interest payable 105 139    
Total liabilities 528,605 562,074    
Level 3        
Assets:        
Loans, net of allowance for loan losses 1,469,387 1,397,877    
Accrued interest receivable 2,893 3,289    
Total assets 1,472,280 1,401,166    
Carrying Amount        
Assets:        
Cash and cash equivalents 78,717 150,183    
Securities available for sale 298,973 283,454    
Securities held to maturity 90,672 119,674    
FHLB stock 4,844 3,797    
Loans, net of allowance for loan losses 1,464,745 1,402,240    
Interest rate swap agreement 2,402 1,084    
Accrued interest receivable 3,910 4,374    
Total assets 1,944,263 1,964,806    
Liabilities:        
Deposits 1,503,840 1,551,439    
Short-term borrowings 22,000      
Securities sold under agreement to repurchase 276,083 286,639    
Other long-term debt 3,673 5,238    
Junior subordinated debentures issued to unconsolidated subsidiary trust 20,619 20,619    
Interest rate swap agreement 1,881 1,004    
Accrued interest payable 115 152    
Total liabilities 1,828,211 1,865,091    
Fair Value        
Assets:        
Cash and cash equivalents 78,717 150,183    
Securities available for sale 298,973 283,454    
Securities held to maturity 93,018 120,093    
Loans, net of allowance for loan losses 1,469,387 1,397,877    
Interest rate swap agreement 2,402 1,084    
Accrued interest receivable 3,910 4,374    
Total assets 1,946,407 1,957,065    
Liabilities:        
Deposits 1,504,161 1,551,046    
Short-term borrowings 22,000      
Securities sold under agreement to repurchase 276,027 286,586    
Other long-term debt 3,704 5,191    
Junior subordinated debentures issued to unconsolidated subsidiary trust 15,536 14,975    
Interest rate swap agreement 1,881 1,004    
Accrued interest payable 115 152    
Total liabilities $ 1,823,424 $ 1,858,954