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Fair Value Of Financial Instruments (Tables)
12 Months Ended
Dec. 31, 2019
Fair Value Of Financial Instruments [Abstract]  
Assets Measured On Recurring Basis

Fair Value Measurements Using:

(in thousands)

Total

Quoted Prices
in Active
Markets for
Identical Assets
(Level 1)

Significant
Other
Observable
Inputs
(Level 2)

Significant
Unobservable
Inputs
(Level 3)

December 31, 2019:

Financial Assets:

Available-for-Sale Securities:

State and municipals

$

382,143

$

$

380,299

$

1,844

Pass-through mortgage securities

61,372

61,372

Collateralized mortgage obligations

138,199

138,199

Corporate bonds

115,830

115,830

$

697,544

$

$

695,700

$

1,844

Financial Liabilities:

Derivative - interest rate swaps

$

4,418

$

$

4,418

$

December 31, 2018:

Financial Assets:

Available-for-Sale Securities:

State and municipals

$

420,038

$

$

420,038

$

Pass-through mortgage securities

65,486

65,486

Collateralized mortgage obligations

154,901

154,901

Corporate bonds

117,590

117,590

$

758,015

$

$

758,015

$

Financial Liabilities:

Derivative - interest rate swap

$

1,130

$

$

1,130

$

Financial Instruments

December 31, 2019

December 31, 2018

(in thousands)

Level of
Fair Value
Hierarchy

Carrying
Amount

Fair Value

Carrying
Amount

Fair Value

Financial Assets:

Cash and cash equivalents

Level 1

$

38,968

$

38,968

$

47,358

$

47,358

Held-to-maturity securities

Level 2

2,445

2,493

Held-to-maturity securities

Level 3

3,059

3,059

Loans

Level 3

3,158,960

3,113,442

3,232,561

3,079,946

Restricted stock

Level 1

30,899

30,899

40,686

40,686

Financial Liabilities:

Checking deposits

Level 1

911,978

911,978

935,574

935,574

Savings, NOW and money market deposits

Level 1

1,720,599

1,720,599

1,590,341

1,590,341

Time deposits

Level 2

511,439

515,019

559,057

553,900

Short-term borrowings

Level 1

190,710

190,710

388,923

388,923

Long-term debt

Level 2

337,472

339,445

362,027

354,651