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3. Fair Value Measurements (Tables)
 6 Months Ended
Jun. 30, 2014
Fair Value Disclosures [Abstract]  
Assets And Liabilities Recorded At Fair Value On A Recurring Basis

 

  Balance at   Fair Value Measurements Using:
Dollars in thousands June 30, 2014   Level 1   Level 2   Level 3
Available for sale securities              
   U.S. Government sponsored agencies $ 25,830   $ -   $ 25,830   $ -
   Mortgage backed securities:                      
      Government sponsored agencies   157,555     -     157,555     -
      Nongovernment sponsored entities   9,931     -     9,931     -
   State and political subdivisions   10,035     -     10,035     -
   Corporate debt securities   -     -     -     -
   Other equity securities   77     -     77     -
   Tax-exempt state and political subdivisions   84,455     -     84,455     -
Total available for sale securities $ 287,883   $ -   $ 287,883   $ -
                       
Derivative financial instrument                      
   Interest rate swaps $ -   $ -   $ -      

 

 

 

  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      
Assets And Liabilities Recorded At Fair Value On A Nonrecurring Basis

 

 

  Total at   Fair Value Measurements Using:
Dollars in thousands June 30, 2014   Level 1   Level 2   Level 3
Residential mortgage loans held for sale $ 413   $ -   $ 413   $ -
                       
Collateral-dependent impaired loans                      
    Commercial $ -   $ -   $ -   $ -
    Commercial real estate   2,119     -     2,119     -
    Construction and development   13,079     -     9,918     3,161
    Residential real estate   8,540     -     8,526     14
    Consumer   4     -     -     4
Total collateral-dependent impaired loans $ 23,742   $ -   $ 20,563   $ 3,179
                       
OREO                      
    Commercial $ 110   $ -   $ 110   $ -
    Commercial real estate   5,762     -     5,762     -
    Construction and development   30,920     -     28,810     2,110
    Residential real estate   11,991     -     11,581     410
Total OREO $ 48,783   $ -   $ 46,263   $ 2,520

 

 

 

 

  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   $ -
                       
Collateral-dependent 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 collateral-dependent 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
Total OREO $ 53,392   $ -   $ 51,743   $ 1,649

 
Carrying Values And Estimated Fair Values Of Financial Instruments
    June 30, 2014     December 31, 2013
        Estimated         Estimated
    Carrying   Fair     Carrying   Fair
 Dollars in thousands   Value   Value     Value   Value
 Financial assets                  
     Cash and due from banks   $ 13,719   $ 13,719     $ 11,782   $ 11,782
     Securities available for sale     287,883     287,883       288,780     288,780
     Other investments     7,436     7,436       7,815     7,815
     Loans held for sale, net     413     413       321     321
     Loans, net     992,816     1,016,258       937,070     952,592
     Accrued interest receivable     5,683     5,683       5,669     5,669
     Derivative financial instruments     -     -       803     803
    $ 1,307,950   $ 1,331,392     $ 1,252,240   $ 1,267,762
 Financial liabilities                          
     Deposits   $ 1,057,795   $ 1,082,200     $ 1,003,812   $ 1,029,606
     Short-term borrowings     91,729     91,729       62,769     62,769
     Long-term borrowings     121,942     130,627       163,516     173,863
     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     1,195     1,195       1,433     1,433
     Derivative financial instruments     1,582     1,582       -     -
    $ 1,310,632   $ 1,343,722     $ 1,267,919   $ 1,304,060