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Fair Value of Financial Instruments (Tables)
9 Months Ended
Sep. 30, 2014
Financial Instruments, Owned, at Fair Value [Abstract]  
Summary of the carrying amounts and fair values of financial instruments

 

        September 30, 2014 
        Fair Value Measurements 
        Quoted Prices       
        in Active     Net 
        Markets for  Other  Significant 
  September 30, 2014  Identical  Observable  Unobservable 
  Carrying  Fair  Assets  Inputs  Inputs 
(in thousands) Amount  Value  (Level 1)  (Level 2)  (Level 3) 
Assets:                    
Cash and due from banks $19,681  $19,681  $19,681  $0  $0 
Federal funds sold and overnight interest-bearing deposits  5,099   5,099   5,099   0   0 
Investment in available-for-sale securities  205,816   205,816   0   205,816   0 
Loans, net  848,952   850,761   0   0   850,761 
Investment in FHLB stock  2,755   2,755   0   2,755   0 
Mortgage servicing rights  2,867   2,867   0   0   2,867 
Cash surrender value - life insurance  2,269   2,269   0   2,269   0 
Accrued interest receivable  4,735   4,735   4,735   0   0 
  $1,092,174  $1,093,983  $29,515  $210,840  $853,628 
Liabilities:                    
Deposits:                    
Non-interest bearing demand $200,280  $200,280  $200,280  $0  $0 
Savings, interest checking and money market  433,833   433,833   433,833   0   0 
Time deposits  330,592   332,065   0   0   332,065 
Federal funds purchased and securities sold under agreements to repurchase  19,543   19,543   19,543   0   0 
Subordinated notes  49,486   33,404   0   33,404   0 
Federal Home Loan Bank advances  35,000   36,658   0   36,658   0 
Accrued interest payable  382   382   382   0   0 
  $1,069,116  $1,056,165  $654,038  $70,062  $332,065 

 

        December 31, 2013 
        Fair Value Measurements 
        Quoted Prices       
        in Active     Net 
        Markets for  Other  Significant 
  December 31, 2013  Identical  Observable  Unobservable 
  Carrying  Fair  Assets  Inputs  Inputs 
(in thousands) Amount  Value  (Level 1)  (Level 2)  (Level 3) 
Assets:                    
Cash and due from banks $27,079  $27,079  $27,079  $0  $0 
Federal funds sold and overnight interest-bearing deposits  1,360   1,360   1,360   0   0 
Investment in available-for-sale securities  205,985   205,985   1,003   204,982   0 
Loans, net  825,828   829,223   0   0   829,223 
Investment in FHLB stock  2,354   2,354   0   2,354   0 
Mortgage servicing rights  3,036   3,036   0   0   3,036 
Cash surrender value - life insurance  2,213   2,213   0   2,213   0 
Accrued interest receivable  4,999   4,999   4,999   0   0 
  $1,072,854  $1,076,249  $34,441  $209,549  $832,259 
Liabilities:                    
Deposits:                    
Non-interest bearing demand $187,382  $187,382  $187,382  $0  $0 
Savings, interest checking and money market  419,085   419,085   419,085   0   0 
Time deposits  350,004   352,432   0   0   352,432 
Federal funds purchased and securities sold under agreements to repurchase  31,084   31,084   31,084   0   0 
Subordinated notes  49,486   32,048   0   32,048   0 
Federal Home Loan Bank advances  24,000   25,366   0   25,366   0 
Accrued interest payable  426   426   426   0   0 
  $1,061,467  $1,047,823  $637,977  $57,414  $352,432