Quarterly report pursuant to Section 13 or 15(d)

FAIR VALUE MEASUREMENTS (Tables)

v3.19.3
FAIR VALUE MEASUREMENTS (Tables)
 9 Months Ended
Sep. 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
September 30, 2019
ASSETS:
Securities Available for Sale:
U.S. Government Treasury $ 217,265 $ - $ - $ 217,265
U.S. Government Agency - 138,038 - 138,038
States and Political Subdivisions - 13,044 - 13,044
Mortgage-Backed Securities - 787 - 787
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
  September 30, 2019
Carrying Level 1 Level 2 Level 3
(Dollars in Thousands) Value Inputs Inputs Inputs
ASSETS:
Cash $ 61,151 $ 61,151 $ - $ -
Short-Term Investments 177,389 177,389 - -
Investment Securities, Available for Sale 376,981 217,265 159,716 -
Investment Securities, Held to Maturity 240,303 25,014 216,873 -
Equity Securities(1) 3,588 - 3,588 -
Loans Held for Sale 13,075 - 13,075 -
Loans, Net of Allowance for Loan Losses 1,813,434 - - 1,798,311
LIABILITIES:
Deposits $ 2,473,007 $ - $ 2,471,837 $ -
Short-Term Borrowings 10,622 - 10,622 -
Subordinated Notes Payable 52,887 - 40,281 -
Long-Term Borrowings 6,963 - 7,080 -

  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 -