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FAIR VALUE OF FINANCIAL ASSETS AND LIABILITIES (Tables) | 6 Months Ended
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Jun. 30, 2017
Fair Value Disclosures [Abstract] |
Schedule of carrying amount and estimated fair value of financial instruments |
|  |  |  |  | Fair Value Measurement Using
(dollars in thousands) | Carrying Amount |  | Estimated Fair Value |  | Quoted Prices in Active Markets for Identical Assets (Level 1) |  | Significant Other Observable Inputs (Level 2) |  | Significant Unobservable Inputs (Level 3)
June 30, 2017 |  |  |  |  |  |  |  |  |  |  |  |  |  |
Financial assets |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash and due from banks | $ | 85,975 |  |  | $ | 85,975 |  |  | $ | 85,975 |  |  | $ | — |  |  | $ | — |
Interest-bearing deposits in other banks | 54,576 |  |  | 54,576 |  |  | 54,576 |  |  | — |  |  | — |
Investment securities | 1,520,483 |  |  | 1,519,229 |  |  | 809 |  |  | 1,506,231 |  |  | 12,189 |
Loans held for sale | 13,288 |  |  | 13,288 |  |  | — |  |  | 13,288 |  |  | — |
Net loans and leases | 3,538,907 |  |  | 3,505,125 |  |  | — |  |  | 28,058 |  |  | 3,477,067 |
Mortgage servicing rights | 15,932 |  |  | 17,024 |  |  | — |  |  | — |  |  | 17,024 |
Federal Home Loan Bank stock | 6,492 |  |  | 6,492 |  |  | 6,492 |  |  | — |  |  | — |
Accrued interest receivable | 15,636 |  |  | 15,636 |  |  | 15,636 |  |  | — |  |  | — |
Financial liabilities |  |  |  |  |  |  |  |  |  |  |  |  |  |
Deposits: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Noninterest-bearing demand | 1,383,754 |  |  | 1,383,754 |  |  | 1,383,754 |  |  | — |  |  | — |
Interest-bearing demand and savings and money market | 2,371,064 |  |  | 2,371,064 |  |  | 2,371,064 |  |  | — |  |  | — |
Time | 1,131,564 |  |  | 1,127,639 |  |  | — |  |  | — |  |  | 1,127,639 |
Short-term borrowings | — |  |  | — |  |  | — |  |  | — |  |  | — |
Long-term debt | 92,785 |  |  | 69,265 |  |  | — |  |  | 69,265 |  |  | — |
Accrued interest payable (included in other liabilities) | 2,504 |  |  | 2,504 |  |  | 2,504 |  |  | — |  |  | — |
Off-balance sheet financial instruments |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commitments to extend credit | 890,045 |  |  | 1,123 |  |  | — |  |  | 1,123 |  |  | — |
Standby letters of credit and financial guarantees written | 19,329 |  |  | 290 |  |  | — |  |  | 290 |  |  | — |
Derivatives: |  |  |  |  |  |  |  |  |
Interest rate lock commitments | 3,347 |  |  | (15 | ) |  | — |  |  | (15 | ) |  | — |
Forward sale commitments | 15,145 |  |  | 30 |  |  | — |  |  | 30 |  |  | — |
|  |  |  |  | Fair Value Measurement Using
(dollars in thousands) | Carrying Amount |  | Estimated Fair Value |  | Quoted Prices in Active Markets for Identical Assets (Level 1) |  | Significant Other Observable Inputs (Level 2) |  | Significant Unobservable Inputs (Level 3)
December 31, 2016 |  |  |  |  |  |  |  |  |  |  |  |  |  |
Financial assets |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash and due from banks | $ | 75,272 |  |  | $ | 75,272 |  |  | $ | 75,272 |  |  | $ | — |  |  | $ | — |
Interest-bearing deposits in other banks | 9,069 |  |  | 9,069 |  |  | 9,069 |  |  | — |  |  | — |
Investment securities | 1,461,515 |  |  | 1,458,213 |  |  | 660 |  |  | 1,445,357 |  |  | 12,196 |
Loans held for sale | 31,881 |  |  | 31,881 |  |  | — |  |  | 31,881 |  |  | — |
Net loans and leases | 3,468,259 |  |  | 3,426,976 |  |  | — |  |  | 30,723 |  |  | 3,396,253 |
Mortgage servicing rights | 15,779 |  |  | 18,087 |  |  | — |  |  | — |  |  | 18,087 |
Federal Home Loan Bank stock | 11,572 |  |  | 11,572 |  |  | 11,572 |  |  | — |  |  | — |
Accrued interest receivable | 15,675 |  |  | 15,675 |  |  | 15,675 |  |  | — |  |  | — |
Financial liabilities |  |  |  |  |  |  |  |  |  |  |  |  |  |
Deposits: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Noninterest-bearing demand | 1,265,246 |  |  | 1,265,246 |  |  | 1,265,246 |  |  | — |  |  | — |
Interest-bearing demand and savings and money market | 2,253,591 |  |  | 2,253,591 |  |  | 2,253,591 |  |  | — |  |  | — |
Time | 1,089,364 |  |  | 1,088,436 |  |  | — |  |  | — |  |  | 1,088,436 |
Short-term borrowings | 135,000 |  |  | 135,000 |  |  | — |  |  | 135,000 |  |  | — |
Long-term debt | 92,785 |  |  | 68,186 |  |  | — |  |  | 68,186 |  |  | — |
Accrued interest payable (included in other liabilities) | 1,556 |  |  | 1,556 |  |  | 1,556 |  |  | — |  |  | — |
Off-balance sheet financial instruments |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commitments to extend credit | 825,304 |  |  | 1,046 |  |  | — |  |  | 1,046 |  |  | — |
Standby letters of credit and financial guarantees written | 16,043 |  |  | 241 |  |  | — |  |  | 241 |  |  | — |
Derivatives: |  |  |  |  |  |  |  |  |
Interest rate lock commitments | 879 |  |  | 6 |  |  | — |  |  | 6 |  |  | — |
Forward sale commitments | 32,497 |  |  | 136 |  |  | — |  |  | 136 |  |  | — |
Schedule of balances of assets and liabilities measured at fair value on a recurring basis | The following tables presents the fair value of assets and liabilities measured on a recurring basis as of June 30, 2017 and December 31, 2016:
|  |  | Fair Value at Reporting Date Using
(dollars in thousands) | Fair Value |  | Quoted Prices in Active Markets for Identical Assets (Level 1) |  | Significant Other Observable Inputs (Level 2) |  | Significant Unobservable Inputs (Level 3)
June 30, 2017 |  |  |  |  |  |  |  |  |  |  |
Available for sale securities: |  |  |  |  |  |  |  |  |  |  |
Debt securities: |  |  |  |  |  |  |  |  |  |  |
States and political subdivisions | $ | 185,682 |  |  | $ | — |  |  | $ | 173,493 |  |  | $ | 12,189 |
Corporate securities | 94,072 |  |  | — |  |  | 94,072 |  |  | — |
U.S. Treasury obligations and direct obligations of U.S Government agencies | 26,506 |  |  | — |  |  | 26,506 |  |  | — |
Mortgage-backed securities: |  |  |  |  |  |  |  |  |  |  |
Residential - U.S. Government sponsored entities | 788,338 |  |  | — |  |  | 788,338 |  |  | — |
Commercial - U.S. Government agencies and sponsored entities | 32,548 |  |  | — |  |  | 32,548 |  |  | — |
Residential - Non-government agencies | 48,954 |  |  | — |  |  | 48,954 |  |  | — |
Commercial - Non-government agencies | 138,986 |  |  | — |  |  | 138,986 |  |  | — |
Other | 809 |  |  | 809 |  |  | — |  |  | — |
Total available for sale securities | 1,315,895 |  |  | 809 |  |  | 1,302,897 |  |  | 12,189 |
Derivatives: Interest rate lock and forward sale commitments | 15 |  |  | — |  |  | 15 |  |  | — |
Total | $ | 1,315,910 |  |  | $ | 809 |  |  | $ | 1,302,912 |  |  | $ | 12,189 |
|  |  | Fair Value at Reporting Date Using
(dollars in thousands) | Fair Value |  | Quoted Prices in Active Markets for Identical Assets (Level 1) |  | Significant Other Observable Inputs (Level 2) |  | Significant Unobservable Inputs (Level 3)
December 31, 2016 |  |  |  |  |  |  |  |  |  |  |
Available for sale securities: |  |  |  |  |  |  |  |  |  |  |
Debt securities: |  |  |  |  |  |  |  |  |  |  |
States and political subdivisions | $ | 185,041 |  |  | $ | — |  |  | $ | 172,845 |  |  | $ | 12,196 |
Corporate securities | 99,389 |  |  | — |  |  | 99,389 |  |  | — |
Mortgage-backed securities: |  |  |  |  |  |  |  |  |  |  |
Residential - U.S. Government sponsored entities | 769,986 |  |  | — |  |  | 769,986 |  |  | — |
Residential - Non-government agencies | 51,547 |  |  | — |  |  | 51,547 |  |  | — |
Commercial - Non-government agencies | 137,224 |  |  | — |  |  | 137,224 |  |  | — |
Other | 660 |  |  | 660 |  |  | — |  |  | — |
Total available for sale securities | 1,243,847 |  |  | 660 |  |  | 1,230,991 |  |  | 12,196 |
Derivatives: Interest rate lock and forward sale commitments | 142 |  |  | — |  |  | 142 |  |  | — |
Total | $ | 1,243,989 |  |  | $ | 660 |  |  | $ | 1,231,133 |  |  | $ | 12,196 |
Schedule of changes in Level 3 assets and liabilities measured at fair value on a recurring basis | For the six months ended June 30, 2017 and 2016, the changes in Level 3 assets and liabilities measured at fair value on a recurring basis are summarized as follows:
(dollars in thousands) | Available for Sale Debt Securities: States and Political Subdivisions
Balance at December 31, 2016 | $ | 12,196 |
Principal payments received | (183 | )
Unrealized net gain included in other comprehensive income | 176 |
Balance at June 30, 2017 | $ | 12,189 |
Balance at December 31, 2015 | $ | 12,479 |
Principal payments received | (166 | )
Unrealized net gain included in other comprehensive income | 1,002 |
Balance at June 30, 2016 | $ | 13,315 |
Schedule of level of valuation assumptions used to determine the fair value of assets measured on a nonrecurring basis | the level of valuation assumptions used to determine the respective fair values as of June 30, 2017 and December 31, 2016:
|  |  | Fair Value Measurements Using
(dollars in thousands) | Fair Value |  | Quoted Prices in Active Markets for Identical Assets (Level 1) |  | Significant Other Observable Inputs (Level 2) |  | Significant Unobservable Inputs (Level 3)
June 30, 2017 |  |  |  |  |  |  |  |  |  |  |
Impaired loans (1) | $ | 28,058 |  |  | $ | — |  |  | $ | 28,058 |  |  | $ | — |
Mortgage servicing rights | 17,024 |  |  | — |  |  | — |  |  | 17,024 |
Other real estate (2) | 1,008 |  |  | — |  |  | 1,008 |  |  | — |
December 31, 2016 |  |  |  |  |  |  |  |  |  |  |
Impaired loans (1) | $ | 30,723 |  |  | $ | — |  |  | $ | 30,723 |  |  | $ | — |
Mortgage servicing rights | 18,087 |  |  | — |  |  | — |  |  | 18,087 |
Other real estate (2) | 791 |  |  | — |  |  | 791 |  |  | — |
(1) | Represents carrying value and related write-downs of loans for which adjustments are based on agreed upon purchase prices for the loans or the appraised value of the collateral.
(2) | Represents other real estate that is carried at the lower of carrying value or fair value less costs to sell. Fair value is generally based upon independent market prices or appraised values of the collateral.

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- Definition Tabular disclosure of the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined) whether recognized or not in the financial statements (off-balance sheet) because they fail to meet some other criterion for recognition and the measurements of those instruments, assets and liabilities. Such disclosures about the financial instruments, assets and liabilities include: (1) the fair value of the required items together with their carrying amounts (as appropriate) and (2) the methodology and assumptions used in developing such estimates of fair value. + References No definition available. + Details
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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 measurement of assets using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes during the period attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets) and gains or losses recognized in other comprehensive income (loss), and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs), by class of asset. + 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 (c) -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 3 -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19279-110258 + 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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