Quarterly report pursuant to Section 13 or 15(d)

FAIR VALUE MEASUREMENTS (Tables)

v3.7.0.1
FAIR VALUE MEASUREMENTS (Tables)
3 Months Ended
Mar. 31, 2017
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
March 31, 2017
Securities Available for Sale:
U.S. Government Treasury $ 287,989 $ - $ - $ 287,989
U.S. Government Agency - 143,433 - 143,433
States and Political Subdivisions - 99,700 - 99,700
Mortgage-Backed Securities - 1,392 - 1,392
Equity Securities  - 8,588 - 8,588
December 31, 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
Schedule of financial instruments with estimated fair values
  March 31, 2017
Carrying Level 1 Level 2 Level 3
(Dollars in Thousands) Value Inputs Inputs Inputs
ASSETS:
Cash $ 47,650 $ 47,650 $ - $ -
Short-Term Investments 290,897 290,897 - -
Investment Securities, Available for Sale 541,102 287,889 253,113 -
Investment Securities, Held to Maturity 158,515 93,263 64,622 -
Loans Held for Sale 7,498 - 7,498 -
Loans, Net of Allowance for Loan Losses 1,571,624 - - 1,564,508
LIABILITIES:
Deposits $ 2,459,305 $ - $ 2,311,870 $ -
Short-Term Borrowings 7,603 - 7,640 -
Subordinated Notes Payable 52,887 - 41,493 -
Long-Term Borrowings 16,460 - 16,683 -

  December 31, 2016
Carrying Level 1 Level 2 Level 3
(Dollars in Thousands) 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 -