Quarterly report pursuant to Section 13 or 15(d)

FAIR VALUE MEASUREMENTS (Tables)

v3.10.0.1
FAIR VALUE MEASUREMENTS (Tables)
 6 Months Ended
Jun. 30, 2018
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, 2018
ASSETS:
Securities Available for Sale:
U.S. Government Treasury $ 258,738 $ - $ - $ 258,738
U.S. Government Agency - 159,909 - 159,909
States and Political Subdivisions - 66,131 - 66,131
Mortgage-Backed Securities - 998 - 998
Equity Securities  - 7,886 - 7,886
LIABILITIES:
Fair Value Swap - - 220 220
December 31, 2017
ASSETS:
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
Schedule of financial instruments with estimated fair values
  June 30, 2018
Carrying Level 1 Level 2 Level 3
(Dollars in Thousands) Value Inputs Inputs Inputs
ASSETS:
Cash $ 56,573 $ 56,573 $ - $ -
Short-Term Investments 107,066 107,066 - -
Investment Securities, Available for Sale 493,662 258,738 234,924 -
Investment Securities, Held to Maturity 236,764 49,456 183,723 -
Equity Securities(1) 3,600 - 3,600 -
Loans Held for Sale 8,246 - 8,246 -
Loans, Net of Allowance for Loan Losses 1,710,912 - - 1,675,884
LIABILITIES:
Deposits $ 2,459,190 $ - $ 2,457,218 $ -
Short-Term Borrowings 7,021 - 7,021 -
Subordinated Notes Payable 52,887 - 42,640 -
Long-Term Borrowings 12,897 - 12,903 -

  December 31, 2017
Carrying Level 1 Level 2 Level 3
(Dollars in Thousands) 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 -