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Fair Value Measurements and Fair Value of Financial Instruments (Tables) | 9 Months Ended
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Sep. 30, 2016
Fair Value Disclosures [Abstract] |
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block] | For financial assets and liabilities measured at fair value on a recurring basis, the fair value measurements by level within the fair value hierarchy used at September 30, 2016 and December 31, 2015 are as follows:
|  |  |  |  | September 30, 2016
|  |  |  |  | Fair Value Measurements at Reporting Date Using
|  |  |  |  | Quoted Prices |  |  |  |  |  |
|  |  |  |  | in Active |  | Significant |  |  |
|  |  |  |  | Markets for |  | Other |  | Significant
|  |  |  |  | Identical |  | Observable |  | Unobservable
|  |  |  |  | Assets |  | Inputs |  | Inputs
|  |  |  |  | (Level 1) |  | (Level 2) |  | (Level 3)
(in thousands) |  |  |  |  |  |  |  |  |  |  |  |
Recurring fair value measurements: |  |  |  |  |  |  |  |  |  |  |  |
Assets |  |  |  |  |  |  |  |  |  |  |  |
Investment securities: |  |  |  |  |  |  |  |  |  |  |  |
available-for-sale: |  |  |  |  |  |  |  |  |  |  |  |
Federal agency obligations |  | $ | 56,099 |  | $ | - |  | $ | 56,099 |  | $ | -
Residential mortgage pass- |  |  |  |  |  |  |  |  |  |  |  |
through securities |  |  | 63,404 |  |  | - |  |  | 63,404 |  |  | -
Commercial mortgage pass- |  |  |  |  |  |  |  |  |  |  |  |
through securities |  |  | 4,369 |  |  | - |  |  | 4,369 |  |  | -
Obligations of U.S. states and |  |  |  |  |  |  |  |  |  |  |  |
political subdivision |  |  | 141,361 |  |  | - |  |  | 123,026 |  |  | 18,335
Trust preferred securities |  |  | 5,675 |  |  | - |  |  | 5,675 |  |  | -
Corporate bonds and notes |  |  | 38,293 |  |  | - |  |  | 38,293 |  |  | -
Asset-backed securities |  |  | 15,502 |  |  | - |  |  | 15,502 |  |  | -
Certificates of deposit |  |  | 988 |  |  | - |  |  | 988 |  |  | -
Equity securities |  |  | 425 |  |  | 425 |  |  | - |  |  | -
Other securities |  |  | 12,343 |  |  | 12,343 |  |  | - |  |  | -
Total available-for-sale |  | $ | 338,459 |  | $ | 12,768 |  | $ | 307,356 |  | $ | 18,335
Loans held-for-sale |  |  | 15,112 |  |  | - |  |  | 15,112 |  |  | -
Total assets |  | $ | 353,571 |  | $ | 12,768 |  | $ | 322,468 |  | $ | 18,335
Liabilities |  |  |  |  |  |  |  |  |  |  |  |
Derivatives |  | $ | 1,212 |  | $ | - |  | $ | 1,212 |  | $ | -
Total liabilities |  | $ | 1,212 |  | $ | - |  | $ | 1,212 |  | $ | -
There were no transfers between Level 1, Level 2 and Level 3 during the three months ended September 30, 2016.
|  |  |  | December 31, 2015
|  |  |  | Fair Value Measurements at Reporting Date Using
|  |  |  | Quoted Prices |  |  |  |  |  |
|  |  |  | in Active |  | Significant |  |  |
|  |  |  | Markets for |  | Other |  | Significant
|  |  |  | Identical |  | Observable |  | Unobservable
|  |  |  | Assets |  | Inputs |  | Inputs
|  |  |  | (Level 1) |  | (Level 2) |  | (Level 3)
(in thousands) |  |  |  |  |  |  |  |  |  |  |
Recurring fair value measurements: |  |  |  |  |  |  |  |  |  |  |
Assets |  |  |  |  |  |  |  |  |  |  |
Investment securities: |  |  |  |  |  |  |  |  |  |  |
available-for-sale: |  |  |  |  |  |  |  |  |  |  |
Federal agency obligations | $ | 29,146 |  | $ | - |  | $ | 29,146 |  | $ | -
Residential mortgage pass- |  |  |  |  |  |  |  |  |  |  |
through securities |  | 44,910 |  |  | - |  |  | 44,910 |  |  | -
Commercial mortgage pass- |  |  |  |  |  |  |  |  |  |  |
through securities |  | 2,972 |  |  | - |  |  | 2,972 |  |  | -
Obligations of U.S. states and |  |  |  |  |  |  |  |  |  |  |
political subdivision |  | 8,357 |  |  | - |  |  | 8,357 |  |  | -
Trust preferred securities |  | 16,255 |  |  | - |  |  | 16,255 |  |  | -
Corporate bonds and notes |  | 53,976 |  |  | - |  |  | 53,976 |  |  | -
Asset-backed securities |  | 19,725 |  |  | - |  |  | 19,725 |  |  | -
Certificates of deposit |  | 1,905 |  |  | - |  |  | 1,905 |  |  | -
Equity securities |  | 374 |  |  | 374 |  |  | - |  |  | -
Other securities |  | 18,150 |  |  | 18,150 |  |  | - |  |  | -
Total available-for-sale | $ | 195,770 |  | $ | 18,524 |  | $ | 177,246 |  | $ | -
Liabilities |  |  |  |  |  |  |  |  |  |  |
Derivatives | $ | 131 |  | $ | - |  | $ | 131 |  | $ | -
Total liabilities | $ | 131 |  | $ | - |  | $ | 131 |  | $ | -
Fair Value Measurements, Nonrecurring [Table Text Block] | For assets measured at fair value on a non-recurring basis, the fair value measurements at September 30, 2016 and December 31, 2015 are as follows:
|  |  |  |  | Fair Value Measurements at Reporting Date Using
|  |  |  |  | Quoted |  |  |  |  |  |
|  |  |  |  | Prices |  |  |  |  |  |
|  |  |  |  | in Active |  | Significant |  |  |
|  |  |  |  | Markets for |  | Other |  | Significant
|  |  |  |  | Identical |  | Observable |  | Unobservable
|  | September 30, |  | Assets |  | Inputs |  | Inputs
Assets measured at fair value on a nonrecurring basis: |  | 2016 |  | (Level 1) |  | (Level 2) |  | (Level 3)
Impaired loans: |  | (in thousands)
Commercial |  | $ | 396 |  | $ | - |  | $ | - |  | $ | 396
|  |  |  |  | Fair Value Measurements at Reporting Date Using
|  |  |  |  | Quoted |  |  |  |  |  |
|  |  |  |  | Prices |  |  |  |  |  |
|  |  |  |  | in Active |  | Significant |  |  |
|  |  |  |  | Markets for |  | Other |  | Significant
|  |  |  |  | Identical |  | Observable |  | Unobservable
|  | December 31, |  | Assets |  | Inputs |  | Inputs
Assets measured at fair value on a nonrecurring basis: |  | 2015 |  | (Level 1) |  | (Level 2) |  | (Level 3)
Impaired loans: |  | (in thousands)
Commercial |  | $ | 3,751 |  | $ | - |  | $ | - |  | $ | 3,751
Fair Value, by Balance Sheet Grouping [Table Text Block] | The following presents the carrying amount, fair value, and placement in the fair value hierarchy of the Company’s financial instruments as of September 30, 2016 and December 31, 2015.
|  |  |  |  |  |  | Fair Value Measurements
| Carrying Amount |  | Fair Value |  | Quoted Prices in Active Markets for Identical Assets (Level 1) |  | Significant Other Observable Inputs (Level 2) |  | Significant Unobservable Inputs (Level 3)
| (in thousands)
September 30, 2016 |  |  |  |  |  |  |  |  |  |  |  |  |  |
Financial assets |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents | $ | 233,794 |  | $ | 233,794 |  | $ | 233,794 |  | $ | - |  | $ | -
Investment securities available-for-sale |  | 338,459 |  |  | 338,459 |  |  | 12,768 |  |  | 307,356 |  |  | 18,335
Restricted investment in bank stocks |  | 24,535 |  |  | n/a |  |  | n/a |  |  | n/a |  |  | n/a
Net loans |  | 3,407,861 |  |  | 3,421,539 |  |  | - |  |  | - |  |  | 3,421,539
Loans held-for-sale |  | 15,112 |  |  | 15,112 |  |  | - |  |  | 15,112 |  |  | -
Accrued interest receivable |  | 12,497 |  |  | 12,497 |  |  | - |  |  | 1,895 |  |  | 10,602
Financial liabilities |  |  |  |  |  |  |  |  |  |  |  |  |  |
Noninterest-bearing deposits |  | 655,683 |  |  | 655,683 |  |  | 655,683 |  |  | - |  |  | -
Interest-bearing deposits |  | 2,613,266 |  |  | 2,601,221 |  |  | - |  |  | 2,601,221 |  |  | -
Borrowings |  | 481,337 |  |  | 486,503 |  |  | - |  |  | 486,503 |  |  | -
Subordinated debentures, net |  | 54,490 |  |  | 53,784 |  |  | - |  |  | 53,784 |  |  | -
Derivatives |  | 1,212 |  |  | 1,212 |  |  | - |  |  | 1,212 |  |  | -
Accrued interest payable | $ | 4,600 |  | $ | 4,600 |  | $ | - |  | $ | 4,600 |  | $ | -
December 31, 2015 |  |  |  |  |  |  |  |  |  |  |  |  |  |
Financial assets |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents | $ | 200,895 |  | $ | 200,895 |  | $ | 200,895 |  | $ | - |  | $ | -
Investment securities available-for-sale |  | 195,770 |  |  | 195,770 |  |  | 18,524 |  |  | 177,246 |  |  | -
Investment securities held-to-maturity |  | 224,056 |  |  | 230,558 |  |  | 29,226 |  |  | 182,774 |  |  | 18,558
Restricted investment in bank stocks |  | 32,612 |  |  | n/a |  |  | n/a |  |  | n/a |  |  | n/a
Net loans |  | 3,072,435 |  |  | 3,059,343 |  |  | - |  |  | - |  |  | 3,059,343
Accrued interest receivable |  | 12,545 |  |  | 12,545 |  |  | 68 |  |  | 2,699 |  |  | 9,778
Financial liabilities |  |  |  |  |  |  |  |  |  |  |  |  |  |
Noninterest-bearing deposits |  | 650,775 |  |  | 650,775 |  |  | 650,775 |  |  | - |  |  | -
Interest-bearing deposits |  | 2,140,191 |  |  | 2,137,149 |  |  | - |  |  | 2,137,149 |  |  | -
Borrowings |  | 671,587 |  |  | 674,131 |  |  | - |  |  | 674,131 |  |  | -
Subordinated debentures, net |  | 54,343 |  |  | 55,209 |  |  | - |  |  | 55,209 |  |  | -
Derivatives |  | 131 |  |  | 131 |  |  | - |  |  | 131 |  |  | -
Accrued interest payable | $ | 4,387 |  | $ | 4,387 |  | $ | - |  | $ | 4,387 |  | $ | -

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- Definition Tabular disclosure of assets and liabilities by class, including financial instruments measured at fair value that are classified in shareholders' equity, if any, that are measured at fair value on a nonrecurring basis in periods after initial recognition (for example, impaired assets). Disclosures may include, but are not limited to: (a) the fair value measurements recorded and the reasons for the measurements and (b) the level within the fair value hierarchy in which the fair value measurements are categorized in their entirety (levels 1, 2, 3). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (bbb) -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19207-110258 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19190-110258 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19207-110258 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19207-110258 + Details
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- Definition Tabular disclosure of the fair value of financial instruments, including financial assets and financial liabilities, and the measurements of those instruments, assets, and liabilities. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=73719730&loc=d3e13476-108611 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19207-110258 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=73719730&loc=d3e13467-108611 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6447952&loc=d3e13220-108610 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6957238&loc=d3e14172-108612 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 10 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=73719730&loc=d3e13433-108611 + Details
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- Definition Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19190-110258 + Details
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