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FAIR VALUE MEASUREMENTS (Tables)
9 Months Ended
Sep. 30, 2014
Fair Value Disclosures [Abstract]  
Summary of fair values for assets and liabilities recorded at fair value

A summary of fair values for assets and liabilities consisted of the following:

 

(Dollars in Thousands)   Level 1
Inputs
    Level 2
Inputs
    Level 3
Inputs
    Total Fair
Value
 
September 30, 2014                                
ASSETS:                                
Securities Available for Sale:                                
   U.S. Treasury   $ 165,057     $     $     $ 165,057  
   U.S. Government Agency           94,994             94,994  
   States and Political Subdivisions           51,140             51,140  
   Mortgage-Backed Securities           2,361             2,361  
   Equity Securities           8,745             8,745  
LIABILITIES:                                
Fair Value Swap                 161       161  
                                 
December 31, 2013                                
ASSETS:                                
Securities Available for Sale:                                
   U.S. Treasury   $ 71,833     $     $     $ 71,833  
   U.S. Government Agency           75,146             75,146  
   State and Political Subdivisions           91,753             91,753  
   Mortgage-Backed Securities           2,795             2,795  
   Equity Securities           9,893             9,893  
Summary of estimated fair values of significant financial instruments

A summary of estimated fair values of significant financial instruments consisted of the following:

 

    September 30, 2014  
(Dollars in Thousands)   Carrying
Value
    Level 1
Inputs
    Level 2
Inputs
    Level 3
Inputs
 
ASSETS:                                
Cash   $ 50,049     $ 50,049     $     $  
Short-Term Investments     253,974       253,974              
Investment Securities, Available for Sale     322,297       165,057       157,240        
Investment Securities, Held to Maturity     173,188       76,280       96,437        
Loans Held for Sale     8,700             8,700        
Loans, Net of Allowance for Loan Losses     1,395,282                   1,326,357  
                                 
LIABILITIES:                                
Deposits   $ 2,033,578     $     $ 2,033,271     $  
Short-Term Borrowings     42,586             41,998        
Subordinated Notes Payable     62,887             62,890        
Long-Term Borrowings     32,305             33,495        

 

    December 31, 2013  
(Dollars in Thousands)   Carrying
Value
    Level 1
Inputs
    Level 2
Inputs
    Level 3
Inputs
 
ASSETS:                                
Cash   $ 55,209     $ 55,209     $     $  
Short-Term Investments     474,719       474,719              
Investment Securities, Available for Sale     251,420       71,833       179,587        
Investment Securities, Held to Maturity     148,211       43,579       103,382        
Loans Held for Sale     11,065             11,065        
Loans, Net of Allowance for Loan Losses     1,365,509                   1,265,827  
                                 
LIABILITIES:                                
Deposits   $ 2,136,248     $     $ 2,136,737     $  
Short-Term Borrowings     51,321             50,754        
Subordinated Notes Payable     62,887             62,886        
Long-Term Borrowings     38,043             39,450