Quarterly report pursuant to Section 13 or 15(d)

FAIR VALUE MEASUREMENTS (Tables)

v3.7.0.1
FAIR VALUE MEASUREMENTS (Tables)
6 Months Ended
Jun. 30, 2017
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, 2017
Securities Available for Sale:
U.S. Government Treasury $ 276,965 $ - $ - $ 276,965
U.S. Government Agency - 142,894 - 142,894
States and Political Subdivisions - 99,978 - 99,978
Mortgage-Backed Securities - 1,362 - 1,362
Equity Securities  - 8,487 - 8,487
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
  June 30, 2017
Carrying Level 1 Level 2 Level 3
(Dollars in Thousands) Value Inputs Inputs Inputs
ASSETS:
Cash $ 72,801 $ 72,801 $ - $ -
Short-Term Investments 162,377 162,377 - -
Investment Securities, Available for Sale 529,686 276,965 252,721 -
Investment Securities, Held to Maturity 157,074 83,081 73,429 -
Loans Held for Sale 8,213 - 8,213 -
Loans, Net of Allowance for Loan Losses 1,607,954 - - 1,601,137
LIABILITIES:
Deposits $ 2,371,933 $ - $ 2,305,776 $ -
Short-Term Borrowings 6,105 - 6,141 -
Subordinated Notes Payable 52,887 - 40,960 -
Long-Term Borrowings 15,631 - 15,847 -

  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 -