Quarterly report pursuant to Section 13 or 15(d)

FAIR VALUE MEASUREMENTS (Tables)

v3.19.2
FAIR VALUE MEASUREMENTS (Tables)
 6 Months Ended
Jun. 30, 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
June 30, 2019
ASSETS:
Securities Available for Sale:
U.S. Government Treasury $ 242,023 $ - $ - $ 242,023
U.S. Government Agency - 138,127 - 138,127
States and Political Subdivisions - 22,066 - 22,066
Mortgage-Backed Securities - 788 - 788
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
  June 30, 2019
Carrying Level 1 Level 2 Level 3
(Dollars in Thousands) Value Inputs Inputs Inputs
ASSETS:
Cash $ 53,731 $ 53,731 $ - $ -
Short-Term Investments 234,097 234,097 - -
Investment Securities, Available for Sale 410,851 242,023 168,828 -
Investment Securities, Held to Maturity 229,516 34,973 195,717 -
Equity Securities(1) 3,588 - 3,588 -
Loans Held for Sale 9,885 - 9,885 -
Loans, Net of Allowance for Loan Losses 1,820,589 - - 1,804,474
LIABILITIES:
Deposits $ 2,561,104 $ - $ 2,559,752 $ -
Short-Term Borrowings 9,753 - 9,753 -
Subordinated Notes Payable 52,887 - 39,462 -
Long-Term Borrowings 7,313 - 7,418 -

  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 -