Annual report pursuant to Section 13 and 15(d)

FAIR VALUE MEASUREMENTS (Tables)

v3.6.0.2
FAIR VALUE MEASUREMENTS (Tables)
 12 Months Ended
Dec. 31, 2016
Fair Value Disclosures [Abstract]  
Schedule of financial assets and financial liabilities measured at fair value on a recurring basis
(Dollars in Thousands) Level 1 Level 2 Level 3 Total Fair
Inputs Inputs Inputs Value
2016
Securities Available for Sale:
U.S. Government Treasury $ 286,278 $ - $ - $ 286,278
U.S. Government Agency - 131,640 - 131,640
States and Political Subdivisions - 94,839 - 94,839
Mortgage-Backed Securities - 1,430 - 1,430
Equity Securities - 8,547 - 8,547
2015
Securities Available for Sale:
U.S. Government Treasury $ 250,346 $ - $ - $ 250,346
U.S. Government Agency - 101,824 - 101,824
State 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
2016
(Dollars in Thousands) Carrying Level 1 Level 2 Level 3
Value Inputs Inputs Inputs
ASSETS:
Cash $ 48,268 $ 48,268 $ - $ -
Short-Term Investments 247,779 247,779 - -
Investment Securities, Available for Sale 522,734 286,278 236,456 -
Investment Securities, Held to Maturity 177,365 119,157 57,589 -
Loans Held for Sale 10,886 - 10,886 -
Loans, Net of Allowance for Loan Losses 1,547,858 - - 1,543,576
LIABILITIES:
Deposits $ 2,412,286 $ - $ 2,272,572 $ -
Short-Term Borrowings 12,749 - 12,802 -
Subordinated Notes Payable 52,887 - 42,024 -
Long-Term Borrowings 14,881 - 15,122 -

2015
(Dollars in Thousands) Carrying Level 1 Level 2 Level 3
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 -