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FAIR VALUE (Tables) | 12 Months Ended
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Dec. 31, 2016
Fair Value Disclosures [Abstract] |
Summary of Assets Measured at Fair Value on a Recurring Basis | The following table summarizes assets at December 31 measured at fair value on a recurring basis.
(Dollars in Thousands) | Level 1 |  | Level 2 |  | Level 3 |  | Total Fair Value Measurements
December 31, 2016 |  |  |  |  |  |  |
Securities available for sale: |  |  |  |  |  |  |
U.S. Government Agencies | $ | 0 |  |  | $ | 39,592 |  |  | $ | 0 |  |  | $ | 39,592 |
States and political subdivisions | 0 |  |  | 164,282 |  |  | 0 |  |  | 164,282 |
GSE residential mortgage-backed securities | 0 |  |  | 116,944 |  |  | 0 |  |  | 116,944 |
GSE residential CMOs | 0 |  |  | 69,383 |  |  | 0 |  |  | 69,383 |
GSE commercial CMOs | 0 |  |  | 4,856 |  |  | 0 |  |  | 4,856 |
Private label CMOs | 0 |  |  | 5,006 |  |  | 0 |  |  | 5,006 |
Total debt securities | 0 |  |  | 400,063 |  |  | 0 |  |  | 400,063 |
Equity securities | 0 |  |  | 91 |  |  | 0 |  |  | 91 |
Totals | $ | 0 |  |  | $ | 400,154 |  |  | $ | 0 |  |  | $ | 400,154 |
December 31, 2015 |  |  |  |  |  |  |
Securities available for sale: |  |  |  |  |  |  |
U.S. Government Agencies | $ | 0 |  |  | $ | 47,227 |  |  | $ | 0 |  |  | $ | 47,227 |
States and political subdivisions | 0 |  |  | 125,961 |  |  | 0 |  |  | 125,961 |
GSE residential mortgage-backed securities | 0 |  |  | 132,349 |  |  | 0 |  |  | 132,349 |
GSE residential CMOs | 0 |  |  | 15,843 |  |  | 0 |  |  | 15,843 |
GSE commercial CMOs | 0 |  |  | 63,770 |  |  | 0 |  |  | 63,770 |
Private label CMOs | 0 |  |  | 8,901 |  |  | 0 |  |  | 8,901 |
Total debt securities | 0 |  |  | 394,051 |  |  | 0 |  |  | 394,051 |
Equity securities | 0 |  |  | 73 |  |  | 0 |  |  | 73 |
Totals | $ | 0 |  |  | $ | 394,124 |  |  | $ | 0 |  |  | $ | 394,124 |
Summary of Assets Measured at Fair Value on Nonrecurring Basis | The following table summarizes assets at December 31 measured at fair value on a nonrecurring basis:
(Dollars in thousands) | Level 1 |  | Level 2 |  | Level 3 |  | Total Fair Value Measurements
December 31, 2016 |  |  |  |  |  |  |
Impaired Loans |  |  |  |  |  |  |
Commercial real estate: |  |  |  |  |  |  |
Owner-occupied | $ | 0 |  |  | $ | 0 |  |  | $ | 777 |  |  | $ | 777 |
Non-owner occupied | 0 |  |  | 0 |  |  | 736 |  |  | 736 |
Multi-family | 0 |  |  | 0 |  |  | 199 |  |  | 199 |
Non-owner occupied residential | 0 |  |  | 0 |  |  | 409 |  |  | 409 |
Acquisition and development: |  |  |  |  |  |  |
Commercial and land development | 0 |  |  | 0 |  |  | 1 |  |  | 1 |
Commercial and industrial | 0 |  |  | 0 |  |  | 66 |  |  | 66 |
Residential mortgage: |  |  |  |  |  |  |
First lien | 0 |  |  | 0 |  |  | 1,994 |  |  | 1,994 |
Home equity - lines of credit | 0 |  |  | 0 |  |  | 162 |  |  | 162 |
Installment and other loans | 0 |  |  | 0 |  |  | 6 |  |  | 6 |
Total impaired loans | $ | 0 |  |  | $ | 0 |  |  | $ | 4,350 |  |  | $ | 4,350 |
Foreclosed real estate |  |  |  |  |  |  |
Residential | $ | 0 |  |  | $ | 0 |  |  | $ | 88 |  |  | $ | 88 |
December 31, 2015 |  |  |  |  |  |  |
Impaired loans |  |  |  |  |  |  |
Commercial real estate: |  |  |  |  |  |  |
Owner-occupied | $ | 0 |  |  | $ | 0 |  |  | $ | 881 |  |  | $ | 881 |
Non-owner occupied | 0 |  |  | 0 |  |  | 736 |  |  | 736 |
Multi-family | 0 |  |  | 0 |  |  | 233 |  |  | 233 |
Non-owner occupied residential | 0 |  |  | 0 |  |  | 570 |  |  | 570 |
Acquisition and development: |  |  |  |  |  |  |
Commercial and land development | 0 |  |  | 0 |  |  | 5 |  |  | 5 |
Residential mortgage: |  |  |  |  |  |  |
First lien | 0 |  |  | 0 |  |  | 2,094 |  |  | 2,094 |
Home equity - lines of credit | 0 |  |  | 0 |  |  | 229 |  |  | 229 |
Installment and other loans | 0 |  |  | 0 |  |  | 9 |  |  | 9 |
Total impaired loans | $ | 0 |  |  | $ | 0 |  |  | $ | 4,757 |  |  | $ | 4,757 |
Foreclosed real estate |  |  |  |  |  |  |
Residential | $ | 0 |  |  | $ | 0 |  |  | $ | 101 |  |  | $ | 101 |
Commercial and land development | 0 |  |  | 0 |  |  | 74 |  |  | 74 |
Total foreclosed real estate | $ | 0 |  |  | $ | 0 |  |  | $ | 175 |  |  | $ | 175 |
Schedule of Additional Qualitative Information | The following table presents additional qualitative information about assets measured on a nonrecurring basis and for which the Company has utilized Level 3 inputs to determine fair value.
| Fair Value Estimate |  | Valuation Techniques |  | Unobservable Input |  | Range
December 31, 2016 |  |  |  |  |  |  |
Impaired loans | $ | 4,350 |  |  | Appraisal of collateral |  | Management adjustments on appraisals for property type and recent activity |  | 10% - 75% discount
|  |  |  |  | - Management adjustments for liquidation expenses |  | 0% - 41% discount
Foreclosed real estate | 88 |  |  | Appraisal of collateral |  | Management adjustments on appraisals for property type and recent activity |  | 13% - 17% discount
|  |  |  |  | - Management adjustments for liquidation expenses |  | 10% - 18% discount
December 31, 2015 |  |  |  |  |  |  |
Impaired loans | $ | 4,757 |  |  | Appraisal of collateral |  | Management adjustments on appraisals for property type and recent activity |  | 0% - 70% discount
|  |  |  |  | - Management adjustments for liquidation expenses |  | 6% - 44% discount
Foreclosed real estate | 175 |  |  | Appraisal of collateral |  | Management adjustments on appraisals for property type and recent activity |  | 10% - 20% discount
|  |  |  |  | - Management adjustments for liquidation expenses |  | 5% - 6% discount
Schedule of Estimated Fair Values of Financial Instruments | The estimated fair values of the Company’s financial instruments were as follows at December 31:
(Dollars in thousands) | Carrying Amount |  | Fair Value |  | Level 1 |  | Level 2 |  | Level 3
December 31, 2016 |  |  |  |  |  |  |  |  |
Financial Assets |  |  |  |  |  |  |  |  |
Cash and due from banks | $ | 16,072 |  |  | $ | 16,072 |  |  | $ | 16,072 |  |  | $ | 0 |  |  | $ | 0 |
Interest-bearing deposits with banks | 14,201 |  |  | 14,201 |  |  | 14,201 |  |  | 0 |  |  | 0 |
Restricted investments in bank stock | 7,970 |  |  | n/a |  |  | n/a |  |  | n/a |  |  | n/a |
Securities available for sale | 400,154 |  |  | 400,154 |  |  | 0 |  |  | 400,154 |  |  | 0 |
Loans held for sale | 2,768 |  |  | 2,843 |  |  | 0 |  |  | 2,843 |  |  | 0 |
Loans, net of allowance for loan losses | 870,616 |  |  | 870,470 |  |  | 0 |  |  | 0 |  |  | 870,470 |
Accrued interest receivable | 4,672 |  |  | 4,672 |  |  | 0 |  |  | 2,643 |  |  | 2,029 |
Financial Liabilities |  |  |  |  |  |  |  |  |
Deposits | 1,152,452 |  |  | 1,149,727 |  |  | 0 |  |  | 1,149,727 |  |  | 0 |
Short-term borrowings | 87,864 |  |  | 87,864 |  |  | 0 |  |  | 87,864 |  |  | 0 |
Long-term debt | 24,163 |  |  | 24,966 |  |  | 0 |  |  | 24,966 |  |  | 0 |
Accrued interest payable | 437 |  |  | 437 |  |  | 0 |  |  | 437 |  |  | 0 |
Off-balance sheet instruments | 0 |  |  | 0 |  |  | 0 |  |  | 0 |  |  | 0 |
December 31, 2015 |  |  |  |  |  |  |  |  |
Financial Assets |  |  |  |  |  |  |  |  |
Cash and due from banks | $ | 11,412 |  |  | $ | 11,412 |  |  | $ | 11,412 |  |  | $ | 0 |  |  | $ | 0 |
Interest-bearing deposits with banks | 16,928 |  |  | 16,928 |  |  | 16,928 |  |  | 0 |  |  | 0 |
Restricted investments in bank stock | 8,720 |  |  | n/a |  |  | n/a |  |  | n/a |  |  | n/a |
Securities available for sale | 394,124 |  |  | 394,124 |  |  | 0 |  |  | 394,124 |  |  | 0 |
Loans held for sale | 5,917 |  |  | 6,045 |  |  | 0 |  |  | 6,045 |  |  | 0 |
Loans, net of allowance for loan losses | 768,145 |  |  | 776,067 |  |  | 0 |  |  | 0 |  |  | 776,067 |
Accrued interest receivable | 3,845 |  |  | 3,845 |  |  | 0 |  |  | 2,257 |  |  | 1,588 |
Financial Liabilities |  |  |  |  |  |  |  |  |
Deposits | 1,032,167 |  |  | 1,032,265 |  |  | 0 |  |  | 1,032,265 |  |  | 0 |
Short-term borrowings | 89,156 |  |  | 89,156 |  |  | 0 |  |  | 89,156 |  |  | 0 |
Long-term debt | 24,495 |  |  | 25,357 |  |  | 0 |  |  | 25,357 |  |  | 0 |
Accrued interest payable | 366 |  |  | 366 |  |  | 0 |  |  | 366 |  |  | 0 |
Off-balance sheet instruments | 0 |  |  | 0 |  |  | 0 |  |  | 0 |  |  | 0 |

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- Definition Tabular disclosure of the inputs and valuation techniques used to measure fair value, and a discussion of changes in valuation techniques and related inputs, if any, applied during the period to each separate class of assets, liabilities, and financial instruments classified in shareholders' equity that are measured on a recurring and/or nonrecurring basis. + 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 + 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 assets, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class 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 2 -Subparagraph (b) -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 + Details
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