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Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2018

Fair Value Disclosures [Abstract]

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

		Quoted Prices in Active Markets for Identical Assets or Liabilities (Level 1)				Significant Other Observable Inputs (Level 2)				Significant Unobservable Inputs (Level 3)				Total
September 30, 2018
Measured on a recurring basis:
Securities available for sale:
U.S. Government agency and government sponsored enterprises		$	—			$	151,809			$	—			$	151,809
Mortgage-backed securities			—				306,501				—				306,501
Other assets:
Hedging derivative instruments			—				1,305				—				1,305
Fair value adjusted through comprehensive income		$	—			$	459,615			$	—			$	459,615
Other assets:
Derivative instruments - interest rate products		$	—			$	298			$	—			$	298
Other liabilities:
Derivative instruments - credit contracts			—				(8	)			—				(8	)
Derivative instruments - interest rate products			—				(348	)			—				(348	)
Fair value adjusted through net income		$	—			$	(58	)		$	—			$	(58	)
Measured on a nonrecurring basis:
Loans:
Loans held for sale		$	—			$	3,166			$	—			$	3,166
Collateral dependent impaired loans			—				—				3,810				3,810
Other assets:
Loan servicing rights			—				—				999				999
Other real estate owned			—				—				290				290
Total		$	—			$	3,166			$	5,099			$	8,265
December 31, 2017
Measured on a recurring basis:
Securities available for sale:
U.S. Government agency and government sponsored enterprises		$	—			$	161,889			$	—			$	161,889
Mortgage-backed securities			—				363,084				—				363,084
Fair value adjusted through comprehensive income		$	—			$	524,973			$	—			$	524,973
Other liabilities:
Derivative instruments - credit contracts		$	—			$	4			$	—			$	4
Fair value adjusted through net income		$	—			$	4			$	—			$	4
Measured on a nonrecurring basis:
Loans:
Loans held for sale		$	—			$	2,718			$	—			$	2,718
Collateral dependent impaired loans			—				—				3,847				3,847
Other assets:
Loan servicing rights			—				—				990				990
Other real estate owned			—				—				148				148
Total		$	—			$	2,718			$	4,985			$	7,703

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

Asset		Fair Value				Valuation Technique		Unobservable Input		Unobservable Input Value or Range
Collateral dependent impaired loans		$	3,810			Appraisal of collateral (1)		Appraisal adjustments (2)		10% - 50% discount
Loan servicing rights			999			Discounted cash flow		Discount rate		10.3% (3)
								Constant prepayment rate		12.8% (3)
Other real estate owned			290			Appraisal of collateral (1)		Appraisal adjustments (2)		26% - 44% 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		September 30, 2018								December 31, 2017
		Fair Value						Estimated								Estimated
		Measurement		Carrying				Fair				Carrying				Fair
		Hierarchy		Amount				Value				Amount				Value
Financial assets:
Cash and cash equivalents		Level 1		$	117,331			$	117,331			$	99,195			$	99,195
Securities available for sale		Level 2			458,310				458,310				524,973				524,973
Securities held to maturity		Level 2			459,623				447,718				516,466				512,983
Loans held for sale		Level 2			3,166				3,166				2,718				2,718
Loans		Level 2			2,950,566				2,904,727				2,696,498				2,660,936
Loans (1)		Level 3			3,810				3,810				3,847				3,847
Accrued interest receivable		Level 1			12,559				12,559				10,776				10,776
FHLB and FRB stock		Level 2			21,997				21,997				27,730				27,730
Derivative instruments – cash flow hedge		Level 2			1,305				1,305				—				—
Derivative instruments – interest rate products		Level 2			298				298				—				—
Financial liabilities:
Non-maturity deposits		Level 1			2,447,974				2,447,974				2,358,018				2,358,018
Time deposits		Level 2			1,037,755				1,030,548				852,156				848,055
Short-term borrowings		Level 1			308,200				308,200				446,200				446,200
Long-term borrowings		Level 2			39,184				39,451				39,131				41,485
Accrued interest payable		Level 1			9,008				9,008				8,038				8,038
Derivative instruments – credit contracts		Level 2			8				8				4				4
Derivative instruments – interest rate products		Level 2			348				348				—				—

(1) Comprised of collateral dependent impaired loans.

X

- Definition

Tabular disclosure of input and valuation technique used to measure fair value and change in valuation approach and technique for each separate class of asset and liability measured on recurring and nonrecurring basis.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (bbb)
-URI http://asc.fasb.org/extlink&oid=99377789&loc=d3e19207-110258

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- Definition

Tabular disclosure of assets measured at fair value measured on a recurring or nonrecurring basis. Includes, but is not limited to, fair value measurements recorded and the reasons for the measurements, level within the fair value hierarchy in which the fair value measurements are categorized and transfers between levels 1 and 2.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=99377789&loc=d3e19207-110258

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=99377789&loc=d3e19207-110258

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=99377789&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://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 11
-URI http://asc.fasb.org/extlink&oid=109250915&loc=d3e13467-108611

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=99377789&loc=d3e19207-110258

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