Annual report pursuant to Section 13 and 15(d)

FAIR VALUE MEASUREMENTS (Tables)

v3.8.0.1
FAIR VALUE MEASUREMENTS (Tables)
 12 Months Ended
Dec. 31, 2017
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
2017
Securities Available for Sale:
U.S. Government Treasury $ 235,341 $ - $ - $ 235,341
U.S. Government Agency - 144,644 - 144,644
States and Political Subdivisions - 91,157 - 91,157
Mortgage-Backed Securities - 1,185 - 1,185
Equity Securities - 8,584 - 8,584
2016
Securities Available for Sale:
U.S. Government Treasury $ 286,278 $ - $ - $ 286,278
U.S. Government Agency - 131,640 - 131,640
State 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
2017
(Dollars in Thousands) Carrying Level 1 Level 2 Level 3
Value Inputs Inputs Inputs
ASSETS:
Cash $ 58,419 $ 58,419 $ - $ -
Short-Term Investments 227,023 227,023 - -
Investment Securities, Available for Sale 480,911 235,341 245,570 -
Investment Securities, Held to Maturity 216,679 97,815 117,192 -
Loans Held for Sale 4,817 - 4,817 -
Loans, Net of Allowance for Loan Losses 1,640,185 - - 1,625,310
LIABILITIES:
Deposits $ 2,469,877 $ - $ 2,382,818 $ -
Short-Term Borrowings 7,480 - 7,482 -
Subordinated Notes Payable 52,887 - 41,718 -
Long-Term Borrowings 13,967 - 14,081 -

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 -