Quarterly report pursuant to Section 13 or 15(d)

FAIR VALUE MEASUREMENTS (Tables)

v3.19.1
FAIR VALUE MEASUREMENTS (Tables)
 3 Months Ended
Mar. 31, 2019
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, 2019
ASSETS:
Securities Available for Sale:
U.S. Government Treasury $ 252,941 $ - $ - $ 252,941
U.S. Government Agency - 133,593 - 133,593
States and Political Subdivisions - 33,856 - 33,856
Mortgage-Backed Securities - 779 - 779
Equity Securities  - 7,847 - 7,847
December 31, 2018
ASSETS:
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
Schedule of financial instruments with estimated fair values
  March 31, 2019
Carrying Level 1 Level 2 Level 3
(Dollars in Thousands) Value Inputs Inputs Inputs
ASSETS:
Cash $ 49,501 $ 49,501 $ - $ -
Short-Term Investments 304,213 304,213 - -
Investment Securities, Available for Sale 429,016 252,941 176,075 -
Investment Securities, Held to Maturity 226,179 34,765 190,552 -
Equity Securities(1) 3,588 - 3,588 -
Loans Held for Sale 4,557 - 4,557 -
Loans, Net of Allowance for Loan Losses 1,782,985 - - 1,760,136
LIABILITIES:
Deposits $ 2,617,294 $ - $ 2,615,572 $ -
Short-Term Borrowings 8,983 - 8,983 -
Subordinated Notes Payable 52,887 - 41,128 -
Long-Term Borrowings 7,661 - 7,715 -

  December 31, 2018
Carrying Level 1 Level 2 Level 3
(Dollars in Thousands) 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 -