Quarterly report pursuant to Section 13 or 15(d)

FAIR VALUE MEASUREMENTS (Tables)

v3.5.0.2
FAIR VALUE MEASUREMENTS (Tables)
 6 Months Ended
Jun. 30, 2016
Fair Value Disclosures [Abstract]  
Schedule of financial assets and financial liabilities measured at fair value on a recurring basis
Level 1   Level 2   Level 3   Total Fair
(Dollars in Thousands) Inputs Inputs Inputs Value
June 30, 2016
Securities Available for Sale:
U.S. Government Treasury $ 274,518 $ - $ - $ 274,518
U.S. Government Agency - 112,918 - 112,918
States and Political Subdivisions - 87,887 - 87,887
Mortgage-Backed Securities - 1,524 - 1,524
Equity Securities  - 9,001 - 9,001
December 31, 2015
Securities Available for Sale:
U.S. Government Treasury $ 250,346 $ - $ - $ 250,346
U.S. Government Agency - 101,824 - 101,824
States and Political Subdivisions - 88,362 - 88,362
Mortgage-Backed Securities - 1,901 - 1,901
Equity Securities  - 8,595 - 8,595
Schedule of financial instruments with estimated fair values
  June 30, 2016
Carrying Level 1 Level 2 Level 3
(Dollars in Thousands) Value Inputs Inputs Inputs
ASSETS:
Cash $ 51,766 $ 51,766 $ - $ -
Short-Term Investments 220,719 220,719 - -
Investment Securities, Available for Sale 485,848 274,518 211,330 -
Investment Securities, Held to Maturity 204,474 145,343 60,252 -
Loans Held for Sale 12,046 - 12,046 -
Loans, Net of Allowance for Loan Losses 1,506,797 - - 1,517,528
LIABILITIES:
Deposits $ 2,324,806 $ - $ 2,322,123 $ -
Short-Term Borrowings 9,609 - 9,623 -
Subordinated Notes Payable 52,887 - 41,433 -
Long-Term Borrowings 26,401 - 27,284 -

  December 31, 2015
Carrying Level 1 Level 2 Level 3
(Dollars in Thousands) Value Inputs Inputs Inputs
ASSETS:
Cash $ 51,288 $ 51,288 $ - $ -
Short-Term Investments 327,617 327,617 - -
Investment Securities, Available for Sale 451,028 250,346 200,682 -
Investment Securities, Held to Maturity 187,892 134,439 52,968 -
Loans Held for Sale 11,632 - 11,632 -
Loans, Net of Allowance for Loan Losses 1,478,322 - - 1,483,926
LIABILITIES:
Deposits $ 2,302,849 $ - $ 2,228,210 $ -
Short-Term Borrowings 61,058 - 64,947 -
Subordinated Notes Payable 62,887 - 49,230 -
Long-Term Borrowings 28,265 - 30,448 -