3. Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2013

Fair Value Disclosures [Abstract]

Assets And Liabilities Recorded At Fair Value On A Recurring Basis

	Balance at		Fair Value Measurements Using:
Dollars in thousands	December 31, 2013		Level 1		Level 2		Level 3
Available for sale securities
U.S. Government sponsored agencies	$	29,657	$	-	$	29,657	$	-
Mortgage backed securities:
Government sponsored agencies		155,716		-		155,716		-
Nongovernment sponsored entities		11,819		-		11,819		-
State and political subdivisions		15,870		-		15,870		-
Corporate debt securities		3,966		-		3,966		-
Other equity securities		77		-		77		-
Tax-exempt state and political subdivisions		71,675		-		71,675		-
Total available for sale securities	$	288,780	$	-	$	288,780	$	-
Derivative financial instrument
Interest rate swaps	$	803	$	-	$	803

	Balance at		Fair Value Measurements Using:
Dollars in thousands	December 31, 2012		Level 1		Level 2		Level 3
Available for sale securities
U.S. Government sponsored agencies	$	29,020	$	-	$	29,020	$	-
Mortgage backed securities:
Government sponsored agencies		136,570		-		136,570		-
Nongovernment sponsored entities		15,745		-		15,745		-
State and political subdivisions		12,169		-		12,169		-
Corporate debt securities		1,950		-		1,950		-
Other equity securities		77		-		77		-
Tax-exempt state and political subdivisions		83,270		-		83,270		-
Tax-exempt mortgage backed securities		2,738		-		2,738		-
Total available for sale securities	$	281,539	$	-	$	281,539	$	-

Assets And Liabilities Recorded At Fair Value On A Nonrecurring Basis

	Total at		Fair Value Measurements Using:
Dollars in thousands	December 31, 2013		Level 1		Level 2		Level 3
Residential mortgage loans held for sale	$	321	$	-	$	321	$	-
Impaired loans
Commercial	$	1,616			$	920	$	696
Commercial real estate		17,902		-		4,879		13,023
Construction and development		22,083		-		17,590		4,493
Residential real estate		14,747		-		8,336		6,411
Consumer		34		-		3		31
Total impaired loans	$	56,382	$	-	$	31,728	$	24,654
OREO
Commercial	$	-	$	-	$	-	$	-
Commercial real estate		9,903		-		9,903		-
Construction and development		31,610		-		29,993		1,617
Residential real estate		11,879		-		11,847		32
Consumer		-		-				-
Total OREO	$	53,392	$	-	$	51,743	$	1,649

	Total at		Fair Value Measurements Using:
Dollars in thousands	December 31, 2012		Level 1		Level 2		Level 3
Residential mortgage loans held for sale	$	226	$	-	$	226	$	-
Impaired loans
Commercial	$	10,856	$	-	$	5,013	$	5,843
Commercial real estate		25,435		-		16,331		9,104
Construction and development		27,352		-		24,578		2,774
Residential real estate		24,442		-		21,625		2,817
Consumer		50		-		-		50
Total impaired loans	$	88,135	$	-	$	67,547	$	20,588
OREO
Commercial	$	-	$	-	$	-	$	-
Commercial real estate		11,835		-		11,047		788
Construction and development		40,671		-		35,978		4,693
Residential real estate		3,666		-		3,666		-
Consumer		-		-				-
Total OREO	$	56,172	$	-	$	50,691	$	5,481

Carrying Values And Estimated Fair Values Of Financial Instruments

	At December 31,
	2013				2012
	Carrying		Estimated		Carrying		Estimated
Dollars in thousands	Value		Fair Value		Value		Fair Value
Financial assets
Cash and cash equivalents	$	11,782	$	11,782	$	14,802	$	14,802
Securities available for sale		288,780		288,780		281,539		281,539
Other investments		7,815		7,815		14,658		14,658
Loans held for sale, net		321		321		226		226
Loans, net		937,070		952,592		937,168		965,454
Accrued interest receivable		5,669		5,669		5,621		5,621
Derivative financial assets		803		803		-		-
	$	1,252,240	$	1,267,762	$	1,254,014	$	1,282,300
Financial liabilities
Deposits	$	1,003,812	$	1,029,606	$	1,027,125	$	1,064,957
Short-term borrowings		62,769		62,769		3,958		3,958
Long-term borrowings		163,516		173,863		203,268		220,175
Subordinated debentures		16,800		16,800		16,800		16,800
Subordinated debentures owed to
unconsolidated subsidiary trusts		19,589		19,589		19,589		19,589
Accrued interest payable		1,433		1,433		1,877		1,877
	$	1,267,919	$	1,304,060	$	1,272,617	$	1,327,356