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FAIR VALUE MEASUREMENTS (Tables)
12 Months Ended
Dec. 31, 2014
Fair Value Measurements Tables  
Schedule of financial assets and financial liabilities measured at fair value on a recurring basis

A summary of fair values for assets and liabilities recorded at fair value at December 31 consisted of the following:

 

(Dollars in Thousands)   Level 1
Inputs
    Level 2
Inputs
    Level 3
Inputs
    Total Fair
Value
 
2014                                
Securities Available for Sale:                                
   U.S. Government Treasury   $ 186,031     $ —     $ —     $ 186,031  
   U.S. Government Agency     —       96,097       —       96,097  
   States and Political Subdivisions     —       48,388       —       48,388  
   Mortgage-Backed Securities     —       2,287       —       2,287  
   Equity Securities     —       8,745       —       8,745  
                                 
2013                                
Securities Available for Sale:                                
   U.S. Government 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
Schedule of financial instruments with estimated fair values

A summary of estimated fair values of significant financial instruments at December 31 consisted of the following:

 

    2014  
(Dollars in Thousands)   Carrying
Value
    Level 1
Inputs
    Level 2 Inputs     Level 3 Inputs  
ASSETS:                                
Cash   $ 55,467     $ 55,467     $ —     $ —  
Short-Term Investments     329,589       329,589       —       —  
Investment Securities, Available for Sale     341,548       186,031       155,517       —  
Investment Securities, Held to Maturity     163,581       76,317       87,095       —  
Loans Held for Sale     10,688       —       10,688          
Loans, Net of Allowance for Loan Losses     1,413,835       —       —       1,369,314  
                                 
LIABILITIES:                                
Deposits   $ 2,146,794     $ —     $ 2,146,510     $ —  
Short-Term Borrowings     49,425       —       48,760       —  
Subordinated Notes Payable     62,887       —       62,887       —  
Long-Term Borrowings     31,097       —       32,313       —  

 

    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       —