Annual report pursuant to Section 13 and 15(d)

FAIR VALUE MEASUREMENTS (Tables)

v3.10.0.1
FAIR VALUE MEASUREMENTS (Tables)
 12 Months Ended
Dec. 31, 2018
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
2018
Securities Available for Sale:
U.S. Government Treasury $ 261,849 $ - $ - $ 261,849
U.S. Government Agency - 133,206 - 133,206
States and Political Subdivisions - 42,365 - 42,365
Mortgage-Backed Securities - 943 - 943
Equity Securities - 7,794 - 7,794
2017
Securities Available for Sale:
U.S. Government Treasury $ 235,341 $ - $ - $ 235,341
U.S. Government Agency - 144,644 - 144,644
State 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
2018
(Dollars in Thousands) Carrying Level 1 Level 2 Level 3
Value Inputs Inputs Inputs
ASSETS:
Cash $ 62,032 $ 62,032 $ - $ -
Short-Term Investments 213,968 213,968 - -
Investment Securities, Available for Sale 446,157 261,849 184,308 -
Investment Securities, Held to Maturity 217,320 34,611 179,802 -
Loans Held for Sale 6,869 - 6,869 -
Equity Securities(1) 3,591 - 3,591 -
Loans, Net of Allowance for Loan Losses 1,760,015 - - 1,730,161
LIABILITIES:
Deposits $ 2,531,856 $ - $ 2,529,841 $ -
Short-Term Borrowings 13,541 - 13,541 -
Subordinated Notes Payable 52,887 - 42,359 -
Long-Term Borrowings 8,568 - 7,879 -
(1) Not readily marketable securities are reflected in other assets.

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 -