Fair Value Measurements (Tables)

9 Months Ended

Sep. 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)
September 30, 2016
Assets:
U.S. government and federal agency obligations	$	13,340	$	0	$	13,340	$	0
Government sponsored enterprises		33,677		0		33,677		0
Obligations of states and political subdivisions		36,767		0		36,767		0
Mortgage-backed securities		138,040		0		138,040		0
Mortgage servicing rights		2,370		0		0		2,370
Total	$	224,194	$	0	$	221,824	$	2,370
December 31, 2015
Assets:
Government sponsored enterprises	$	73,497	$	0		73,497		0
Obligations of states and political subdivisions		32,706		0		32,706		0
Mortgage and asset-backed securities		128,851		0		128,851		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 September 30,						Nine Months Ended September 30,
	2016			2015			2016			2015
Balance at beginning of period	$	2,511		$	2,727		$	2,847		$	2,762
Total gains or losses (realized/unrealized):
Included in earnings		(237	)		(29	)		(690	)		(291	)
Included in other comprehensive income		0			0			0			0
Purchases		0			0			0			0
Sales		0			0			0			0
Issues		96			76			213			303
Settlements		0			0			0			0
Balance at end of period	$	2,370		$	2,774		$	2,370		$	2,774

Schedule of quantitative Information about Level 3 Fair Value Measurements

	Quantitative Information about Level 3 Fair Value Measurements
	Valuation Technique	Unobservable Inputs	Input Value
			Nine Months Ended September 30,
			2016			2015
Mortgage servicing rights	Discounted cash flows	Weighted average constant prepayment rate		13.20	%		10.06	%
		Weighted average note rate		3.88	%		3.92	%
		Weighted average discount rate		9.20	%		9.35	%
		Weighted average expected life (in years)		4.80			5.80

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

			Fair Value Measurements Using
			Quoted Prices						Three			Nine
			in Active						Months			Months
			Markets for		Other		Significant		Ended			Ended
			Identical		Observable		Unobservable		September 30,			September 30,
	Total		Assets		Inputs		Inputs		Total Gains			Total Gains
(in thousands)	Fair Value		(Level 1)		(Level 2)		(Level 3)		(Losses)*			(Losses)*
September 30, 2016
Assets:
Impaired loans:
Commercial, financial, & agricultural	$	392	$	0	$	0	$	392	$	0			(359	)
Real estate construction - commercial		43		0		0		43		0			0
Real estate mortgage - residential		3,464		0		0		3,464		(80	)		(295	)
Real estate mortgage - commercial		1,806		0		0		1,806		(71	)		(248	)
Consumer		103		0		0		103		(2	)		(18	)
Total	$	5,808	$	0	$	0	$	5,808	$	(153	)		(920	)
Other real estate and foreclosed assets	$	14,438	$	0	$	0	$	14,438	$	21			70
September 30, 2015
Assets:
Impaired loans:
Commercial, financial, & agricultural	$	462	$	0	$	0	$	462	$	(540	)		(561	)
Real estate construction - commercial		45		0		0		45		0			0
Real estate mortgage - residential		3,618		0		0		3,618		(61	)		(267	)
Real estate mortgage - commercial		572		0		0		572		(89	)		(118	)
Consumer		121		0		0		121		(5	)		(54	)
Total	$	4,818	$	0	$	0	$	4,818	$	(695	)		(1,000	)
Other real estate and foreclosed assets	$	15,148	$	0	$	0	$	15,148	$	(80	)		112

* 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.