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Fair Value Measurements (Tables)

6 Months Ended

Jun. 30, 2016

Fair Value Measurements [Abstract]

Assets Measured At Fair Value On A Recurring And Non-Recurring Basis

	Quoted Prices
	in Active
	Markets for		Significant
	Identical		Other		Significant
	Assets or		Observable		Unobservable
	Liabilities		Inputs		Inputs
	(Level 1)		(Level 2)		(Level 3)		Total
June 30, 2016
Measured on a recurring basis:
Securities available for sale:
U.S. Government agencies and government sponsored enterprises	$	-	$	248,126	$	-	$	248,126
Mortgage-backed securities		-		371,409		-		371,409
Asset-backed securities		-		184		-		184
	$	-	$	619,719		-	$	619,719
Measured on a nonrecurring basis:
Loans:
Loans held for sale	$	-	$	209	$	-	$	209
Collateral dependent impaired loans		-		-		1,232		1,232
Other assets:
Loan servicing rights		-		-		1,183		1,183
Other real estate owned		-		-		281		281
	$	-	$	209	$	2,696	$	2,905
December 31, 2015
Measured on a recurring basis:
Securities available for sale:
U.S. Government agencies and government sponsored enterprises	$	-	$	260,863	$	-	$	260,863
Mortgage-backed securities		-		283,314		-		283,314
Asset-backed securities		-		218		-		218
	$	-	$	544,395	$	-	$	544,395
Measured on a nonrecurring basis:
Loans:
Loans held for sale	$	-	$	1,430	$	-	$	1,430
Collateral dependent impaired loans		-		-		1,485		1,485
Other assets:
Loan servicing rights		-		-		1,241		1,241
Other real estate owned		-		-		163		163
	$	-	$	1,430	$	2,889	$	4,319

Additional Quantitative Information About Assets Measured At Fair Value On A Recurring And Non-Recurring Basis

	Fair				Unobservable Input
Asset	Value		Valuation Technique	Unobservable Input	Value or Range
Collateral dependent impaired loans	$	1,232	Appraisal of collateral (1)	Appraisal adjustments (2)	35% - 50% discount
Loan servicing rights		1,183	Discounted cash flow	Discount rate	4.4	% (3)
				Constant prepayment rate	15.4	% (3)
Other real estate owned		281	Appraisal of collateral (1)	Appraisal adjustments (2)	13% -72% discount

(1)	Fair value is generally determined through independent appraisals of the underlying collateral, which generally include various Level 3 inputs which are not identifiable.
(2)	Appraisals may be adjusted by management for qualitative factors such as economic conditions and estimated liquidation expenses.
(3)	Weighted averages.

Carrying Amount, Estimated Fair Value, And Placement In Fair Value Hierarchy Of Financial Instruments

	Level in	June 30, 2016				December 31, 2015
	Fair Value			Estimated				Estimated
	Measurement	Carrying		Fair		Carrying		Fair
	Hierarchy	Amount		Value		Amount		Value
Financial assets:
Cash and cash equivalents	Level 1	$	67,624	$	67,624	$	60,121	$	60,121
Securities available for sale	Level 2		619,719		619,719		544,395		544,395
Securities held to maturity	Level 2		478,549		490,833		485,717		490,064
Loans held for sale	Level 2		209		215		1,430		1,430
Loans	Level 2		2,182,074		2,202,286		2,055,192		2,046,235
Loans (1)	Level 3		1,232		1,232		1,485		1,485
Accrued interest receivable	Level 1		8,919		8,919		8,609		8,609
FHLB and FRB stock	Level 2		22,086		22,086		19,991		19,991
Financial liabilities:
Non-maturity deposits	Level 1		2,146,849		2,146,849		2,093,513		2,093,513
Time deposits	Level 2		711,156		712,905		637,018		636,159
Short-term borrowings	Level 1		338,300		338,300		293,100		293,100
Long-term borrowings	Level 2		39,025		37,566		38,990		40,313
Accrued interest payable	Level 1		5,147		5,147		4,676		4,676

⁽¹⁾ Comprised of collateral dependent impaired loans.

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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=36462937&loc=d3e19207-110258

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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 and/or nonrecurring 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=36462937&loc=d3e19190-110258

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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=49121117&loc=d3e13476-108611

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