INVESTMENTS (Tables)

12 Months Ended

Dec. 31, 2015

Amortized cost and Estimated fair values of Investments Available-for-sale

			2015								2014
					Gross		Gross		Estimated				Gross		Gross		Estimated
			Amortized		Unrealized		Unrealized		Fair		Amortized		Unrealized		Unrealized		Fair
(In thousands)			Cost		Gains		Losses		Value		Cost		Gains		Losses		Value
U.S. government agencies			$	109,602	$	132	$	(1,334)	$	108,400	$	144,497	$	-	$	(2,818)	$	141,679
State and municipal				156,402		8,305		-		164,707		157,603		9,453		(4)		167,052
Mortgage-backed				312,846		6,396		(2,546)		316,696		354,631		9,824		(2,936)		361,519
Trust preferred				1,089		-		(66)		1,023		1,348		-		(112)		1,236
	Total debt securities			579,939		14,833		(3,946)		590,826		658,079		19,277		(5,870)		671,486
Marketable equity securities				1,223		-		-		1,223		723		-		-		723
		Total investments available-for-sale	$	581,162	$	14,833	$	(3,946)	$	592,049	$	658,802	$	19,277	$	(5,870)	$	672,209

Activity of OTTI on investment Securities Due to Credit Losses Recognized in Earnings

(In thousands)		OTTI Losses
Cumulative credit losses on investment securities, through December 31, 2013	$	531
Additions for credit losses not previously recognized		-
Cumulative credit losses on investment securities, through December 31, 2014		531
Additions for credit losses not previously recognized		-
Cumulative credit losses on investment securities, through December 31, 2015	$	531

Gross Unrealized Losses and Fair Value by Length of Time

		2015
						Continuous Unrealized
						Losses Existing for:
		Number								Total
		of				Less than		More than		Unrealized
(Dollars in thousands)		securities		Fair Value		12 months		12 months		Losses
U.S. government agencies			7	$	78,555	$	1,020	$	314	$	1,334
Mortgage-backed			26		140,556		716		1,830		2,546
Trust preferred			1		1,023		-		66		66
	Total		34	$	220,134	$	1,736	$	2,210	$	3,946

		2014
						Continuous Unrealized
						Losses Existing for:
		Number								Total
		of				Less than		More than		Unrealized
(Dollars in thousands)		securities		Fair Value		12 months		12 months		Losses
U.S. government agencies			14	$	141,679	$	60	$	2,758	$	2,818
State and municipal			2		1,409		4		-		4
Mortgage-backed			20		108,902		58		2,878		2,936
Trust preferred			1		1,236		-		112		112
	Total		37	$	253,226	$	122	$	5,748	$	5,870

		2015
						Continuous Unrealized
						Losses Existing for:
		Number								Total
		of				Less than		More than		Unrealized
(Dollars in thousands)		securities		Fair Value		12 months		12 months		Losses
U.S. government agencies			6	$	55,727	$	456	$	277	$	733
State and municipal			11		12,369		23		125		148
	Total		17	$	68,096	$	479	$	402	$	881

		2014
						Continuous Unrealized
						Losses Existing for:
		Number								Total
		of				Less than		More than		Unrealized
(Dollars in thousands)		securities		Fair Value		12 months		12 months		Losses
U.S. government agencies			8	$	62,778	$	-	$	1,734	$	1,734
State and municipal			41		32,027		18		307		325
	Total		49	$	94,805	$	18	$	2,041	$	2,059

Amortized Cost and Estimated Fair Values of Investment Securities

		2015				2014
				Estimated				Estimated
		Amortized		Fair		Amortized		Fair
(In thousands)		Cost		Value		Cost		Value
Due in one year or less		$	301	$	306	$	691	$	714
Due after one year through five years			157,710		160,257		47,900		49,385
Due after five years through ten years			168,136		174,677		332,841		340,852
Due after ten years			253,792		255,586		276,647		280,535
	Total debt securities available-for-sale	$	579,939	$	590,826	$	658,079	$	671,486

		2015				2014
				Estimated				Estimated
		Amortized		Fair		Amortized		Fair
(In thousands)		Cost		Value		Cost		Value
Due in one year or less		$	845	$	853	$	1,690	$	1,694
Due after one year through five years			19,217		20,041		6,763		6,938
Due after five years through ten years			163,125		165,620		163,252		164,787
Due after ten years			25,078		25,190		48,268		48,841
	Total debt securities held-to-maturity	$	208,265	$	211,704	$	219,973	$	222,260

Amortized Cost and Estimated Fair Values of Investments Held-To-Maturity

		2015								2014
				Gross		Gross		Estimated				Gross		Gross		Estimated
		Amortized		Unrealized		Unrealized		Fair		Amortized		Unrealized		Unrealized		Fair
(In thousands)		Cost		Gains		Losses		Value		Cost		Gains		Losses		Value
U.S. government agencies		$	56,460	$	-	$	(733)	$	55,727	$	64,512	$	-	$	(1,734)	$	62,778
State and municipal			149,537		4,297		(148)		153,686		155,261		4,321		(325)		159,257
Mortgage-backed			168		23		-		191		200		25		-		225
Corporate debt			2,100		-		-		2,100		-		-		-		-
	Total investments held-to-maturity	$	208,265	$	4,320	$	(881)	$	211,704	$	219,973	$	4,346	$	(2,059)	$	222,260

Other Equity Securities

(In thousands)		2015		2014
Federal Reserve Bank stock		$	8,269	$	8,269
Federal Home Loan Bank of Atlanta stock			33,067		33,168
	Total equity securities	$	41,336	$	41,437

Gross Realized Gains and Losses on All Investments

(In thousands)		2015		2014		2013
Gross realized losses from sales of investments available-for-sale			-		-		(3)
Net gains or (losses) from calls of investments available-for-sale			18		2		44
Net gains or (losses) from calls of investments held-to-maturity			18		3		74
	Net securities gains	$	36	$	5	$	115