Fair Value Measurements (Tables)

3 Months Ended

Mar. 31, 2016

Fair Value Disclosures [Abstract]

Schedule of assets and liabilities recorded at fair value on a recurring basis

			Fair Value Measurements
			Quoted Prices
			in Active
			Markets for		Other		Significant
			Identical		Observable		Unobservable
			Assets		Inputs		Inputs
(in thousands)	Fair Value		(Level 1)		(Level 2)		(Level 3)
March 31, 2016
Assets:
Government sponsored enterprises	$	42,212	$	0	$	42,212	$	0
Asset-backed securities		175,843		0		175,843		0
Obligations of states and political subdivisions		27,718		0		27,718		0
Mortgage servicing rights		2,745		0		0		2,745
Total	$	248,518	$	0	$	245,773	$	2,745
December 31, 2015
Assets:
Government sponsored enterprises	$	73,497	$	0		73,497		0
Asset-backed securities		128,851		0		128,851		0
Obligations of states and political subdivisions		32,706		0		32,706		0
Mortgage servicing rights		2,847		0		0		2,847
Total	$	237,901	$	0	$	235,054	$	2,847

Schedule of summary of changes in Level 3 assets and liabilities measured at fair value on a recurring basis

	Fair Value Measurements Using
	Significant Unobservable Inputs
	(Level 3)
	Mortgage Servicing Rights
(in thousands)	Three Months Ended March 31,
	2016			2015
Balance at beginning of period	$	2,847		$	2,762
Total gains or losses (realized/unrealized):
Included in earnings		(155	)		(219	)
Included in other comprehensive income		0			0
Purchases		0			0
Sales		0			0
Issues		53			119
Settlements		0			0
Balance at end of period	$	2,745		$	2,662

Schedule of quantitative Information about Level 3 Fair Value Measurements

	Quantitative Information about Level 3 Fair Value Measurements
	Valuation Technique	Unobservable Inputs	Input Value
			Three Months Ended March 31,
			2016			2015
Mortgage servicing rights	Discounted cash flows	Weighted average constant prepayment rate		10.30	%		11.19	%
		Weighted average note rate		3.91	%		3.94	%
		Weighted average discount rate		9.19	%		9.26	%
		Weighted average expected life (in years)		5.70			5.40

Schedule of valuation methods for instruments measured at fair value on a nonrecurring basis

			Fair Value Measurements Using
			Quoted Prices						Three
			in Active						Months
			Markets for		Other		Significant		Ended
			Identical		Observable		Unobservable		March 31,
	Total		Assets		Inputs		Inputs		Total Gains
(in thousands)	Fair Value		(Level 1)		(Level 2)		(Level 3)		(Losses)*
March 31, 2016
Assets:
Impaired loans:
Commercial, financial, & agricultural	$	248	$	0	$	0	$	248	$	(359	)
Real estate construction - commercial		44		0		0		44		0
Real estate mortgage - residential		3,170		0		0		3,170		(35	)
Real estate mortgage - commercial		243		0		0		243		(154	)
Consumer		100		0		0		100		(12	)
Total	$	3,805	$	0	$	0	$	3,805	$	(560	)
Other real estate and foreclosed assets	$	15,471	$	0	$	0	$	15,471	$	33
March 31, 2015
Assets:
Impaired loans:
Commercial, financial, & agricultural	$	1,130	$	0	$	0	$	1,130	$	0
Real estate mortgage - residential		3,169		0		0		3,169		(71	)
Real estate mortgage - commercial		818		0		0		818		(23	)
Consumer		174		0		0		174		(1	)
Total	$	5,291	$	0	$	0	$	5,291	$	(95	)
Other real estate and foreclosed assets	$	11,751	$	0	$	0	$	11,751	$	228

* Total gains (losses) reported for other real estate and foreclosed assets includes charge-offs, valuation write downs, and net losses taken during the periods reported.