Fair Value Measurements (Tables)

6 Months Ended

Jun. 30, 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)
June 30, 2016
Assets:
Government sponsored enterprises	$	38,963	$	0	$	38,963	$	0
Asset-backed securities		167,181		0		167,181		0
Obligations of states and political subdivisions		29,010		0		29,010		0
Mortgage servicing rights		2,511		0		0		2,511
Total	$	237,665	$	0	$	235,154	$	2,511
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						Fair Value Measurements Using
	Significant Unobservable Inputs						Significant Unobservable Inputs
	(Level 3)						(Level 3)
	Mortgage Servicing Rights						Mortgage Servicing Rights
(in thousands)	Three Months Ended June 30,						Six Months Ended June 30,
	2016			2015			2016			2015
Balance at beginning of period	$	2,745		$	2,662		$	2,847		$	2,762
Total gains or losses (realized/unrealized):
Included in earnings		(297	)		(42	)		(453	)		(262	)
Included in other comprehensive income		0			0			0			0
Purchases		0			0			0			0
Sales		0			0			0			0
Issues		63			107			117			227
Settlements		0			0			0			0
Balance at end of period	$	2,511		$	2,727		$	2,511		$	2,727

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 June 30,
			2016			2015
Mortgage servicing rights	Discounted cash flows	Weighted average constant prepayment rate		12.16	%		10.66	%
		Weighted average note rate		3.90	%		3.92	%
		Weighted average discount rate		9.19	%		9.34	%
		Weighted average expected life (in years)		5.10			5.70

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

			Fair Value Measurements Using
			Quoted Prices						Three			Six
			in Active						Months			Months
			Markets for		Other		Significant		Ended			Ended
			Identical		Observable		Unobservable		June 30,			June 30,
	Total		Assets		Inputs		Inputs		Total Gains			Total Gains
(in thousands)	Fair Value		(Level 1)		(Level 2)		(Level 3)		(Losses)*			(Losses)*
June 30, 2016
Assets:
Impaired loans:
Commercial, financial, & agricultural	$	723	$	0	$	0	$	723	$	0			(359	)
Real estate construction - commercial		44		0		0		44		0			0
Real estate mortgage - residential		2,047		0		0		2,047		(181	)		(216	)
Real estate mortgage - commercial		198		0		0		198		(23	)		(177	)
Consumer		85		0		0		85		(4	)		(16	)
Total	$	3,097	$	0	$	0	$	3,097	$	(208	)		(768	)
Other real estate and foreclosed assets	$	15,254	$	0	$	0	$	15,254	$	16			49
June 30, 2015
Assets:
Impaired loans:
Commercial, financial, & agricultural	$	1,201	$	0	$	0	$	1,201	$	(21	)		(21	)
Real estate construction – commercial		47		0		0		47		0			0
Real estate mortgage - residential		3,645		0		0		3,645		(135	)		(206	)
Real estate mortgage - commercial		611		0		0		611		(7	)		(30	)
Consumer		107		0		0		107		(48	)		(49	)
Total	$	5,611	$	0	$	0	$	5,611	$	(211	)		(306	)
Other real estate and foreclosed assets	$	12,516	$	0	$	0	$	12,516	$	(38	)		190

* 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.