Fair Value of Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2015

Disclosure of Financial Instruments Not Reported at Fair Value

Schedule of carrying amounts, estimated fair values, and placement in the fair value hierarchy of Bancorp's financial instruments

(in thousands)	Carrying
March 31, 2015	Amount		Fair Value		Level 1		Level 2		Level 3
Financial assets
Cash and short-term investments	$	57,519	$	57,519	$	57,519	$	—	$	—
Mortgage loans held for sale	6,481		6,712		—		6,712		—
Federal Home Loan Bank stock and other securities	6,347		6,347		—		6,347		—
Loans, net	1,849,128		1,859,051		—		—		1,859,051
Accrued interest receivable	6,133		6,133		6,133		—		—
Financial liabilities
Deposits	$	2,110,229	$	2,111,131	$	—	$	2,111,131	$	—
Short-term borrowings	74,314		74,314		—		74,314		—
FHLB advances	36,744		37,244		—		37,244		—
Accrued interest payable	127		127		127		—		—

(in thousands)	Carrying
December 31, 2014	Amount		Fair Value		Level 1		Level 2		Level 3
Financial assets
Cash and short-term investments	$	74,241	$	74,241	$	74,241	$	—	$	—
Mortgage loans held for sale	3,747		3,876		—		3,876		—
Federal Home Loan Bank stock and other securities	6,347		6,347		—		6,347		—
Loans, net	1,843,630		1,863,568		—		—		1,863,568
Accrued interest receivable	5,980		5,980		5,980		—		—
Financial liabilities
Deposits	$	2,123,627	$	2,124,904	$	—	$	2,124,904	$	—
Short-term borrowings	116,949		116,949		—		116,949		—
FHLB advances	36,832		37,714		—		37,714		—
Accrued interest payable	131		131		131		—		—