Fair Value Measurements (Tables)

3 Months Ended

Mar. 31, 2017

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, 2017
Assets:
U.S. government and federal agency obligations	$	13,271	$	0		13,271	$	0
Government sponsored enterprises		35,190		0		35,190		0
Obligations of states and political subdivisions		46,397		0		46,397		0
Mortgage-backed securities		121,312		0		121,312		0
Mortgage servicing rights		2,877		0		0		2,877
Total	$	219,047	$	0	$	216,170	$	2,877
December 31, 2016
Assets:
U.S. government and federal agency obligations	$	13,364	$	0		13,364	$	0
Government sponsored enterprises		32,459		0		32,459		0
Obligations of states and political subdivisions		42,032		0		42,032		0
Mortgage-backed securities		126,657		0		126,657		0
Mortgage servicing rights		2,584		0		0		2,584
Total	$	217,096	$	0	$	214,512	$	2,584

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,
	2017		2016
Balance at beginning of period	$	2,584	$	2,847
Total gains or losses (realized/unrealized):
Included in earnings		244		(155	)
Included in other comprehensive income		0		0
Purchases		0		0
Sales		0		0
Issues		49		53
Settlements		0		0
Balance at end of period	$	2,877	$	2,745

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,
			2017			2016
Mortgage servicing rights	Discounted cash flows	Weighted average constant prepayment rate		8.29	%		10.30	%
		Weighted average note rate		3.85	%		3.91	%
		Weighted average discount rate		9.72	%		9.19	%
		Weighted average expected life (in years)		6.50			5.70

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, 2017
Assets:
Impaired loans:
Commercial, financial, & agricultural	$	803	$	0	$	0	$	803	$	(1	)
Real estate construction - commercial		42		0		0		42		0
Real estate mortgage - residential		4,410		0		0		4,410		(3	)
Real estate mortgage - commercial		1,308		0		0		1,308		(4	)
Consumer		47		0		0		47		(12	)
Total	$	6,610	$	0	$	0	$	6,610	$	(20	)
Other real estate and foreclosed assets	$	13,625	$	0	$	0	$	13,625	$	15
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

* 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.