| 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, 2017 |
|
|
|
|
|
|
|
|
|
|
|
| Securities Available for Sale: |
|
|
|
|
|
|
|
|
|
|
|
|
U.S. Government Treasury |
$ |
287,989 |
|
$ |
- |
|
$ |
- |
|
$ |
287,989 |
|
U.S. Government Agency |
|
- |
|
|
143,433 |
|
|
- |
|
|
143,433 |
|
States and Political Subdivisions |
|
- |
|
|
99,700 |
|
|
- |
|
|
99,700 |
|
Mortgage-Backed Securities |
|
- |
|
|
1,392 |
|
|
- |
|
|
1,392 |
|
Equity Securities |
|
- |
|
|
8,588 |
|
|
- |
|
|
8,588 |
|
|
|
|
|
|
|
|
|
|
|
|
|
| December 31, 2016 |
|
|
|
|
|
|
|
|
|
|
|
| Securities Available for Sale: |
|
|
|
|
|
|
|
|
|
|
|
|
U.S. Government Treasury |
$ |
286,278 |
|
$ |
- |
|
$ |
- |
|
$ |
286,278 |
|
U.S. Government Agency |
|
- |
|
|
131,640 |
|
|
- |
|
|
131,640 |
|
States 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 |
| |
|
March 31, 2017 |
|
|
Carrying |
|
Level 1 |
|
Level 2 |
|
Level 3 |
| (Dollars in Thousands) |
|
Value |
|
Inputs |
|
Inputs |
|
Inputs |
| ASSETS: |
|
|
|
|
|
|
|
|
|
|
|
|
| Cash |
|
$ |
47,650 |
|
$ |
47,650 |
|
$ |
- |
|
$ |
- |
| Short-Term Investments |
|
|
290,897 |
|
|
290,897 |
|
|
- |
|
|
- |
| Investment Securities, Available for Sale |
|
|
541,102 |
|
|
287,889 |
|
|
253,113 |
|
|
- |
| Investment Securities, Held to Maturity |
|
|
158,515 |
|
|
93,263 |
|
|
64,622 |
|
|
- |
| Loans Held for Sale |
|
|
7,498 |
|
|
- |
|
|
7,498 |
|
|
- |
| Loans, Net of Allowance for Loan Losses |
|
|
1,571,624 |
|
|
- |
|
|
- |
|
|
1,564,508 |
|
|
|
|
|
|
|
|
|
|
|
|
|
| LIABILITIES: |
|
|
|
|
|
|
|
|
|
|
|
|
| Deposits |
|
$ |
2,459,305 |
|
$ |
- |
|
$ |
2,311,870 |
|
$ |
- |
| Short-Term Borrowings |
|
|
7,603 |
|
|
- |
|
|
7,640 |
|
|
- |
| Subordinated Notes Payable |
|
|
52,887 |
|
|
- |
|
|
41,493 |
|
|
- |
| Long-Term Borrowings |
|
|
16,460 |
|
|
- |
|
|
16,683 |
|
|
- |
| |
|
December 31, 2016 |
|
|
Carrying |
|
Level 1 |
|
Level 2 |
|
Level 3 |
| (Dollars in Thousands) |
|
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 |
|
|
- |
|