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Fair Value Disclosures and Reporting, the Fair Value Option and Fair Value Measurements (Tables) | 6 Months Ended
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Jun. 30, 2016
Fair Value Disclosures [Abstract] |
Schedule of carrying amount and estimated fair values of financial instruments | Fair Value of Financial Instruments (dollars in thousands, unaudited)
|  | June 30, 2016 |
|  |  |  |  | Estimated Fair Value |
|  | Carrying Amount |  | Quoted Prices in Active Markets for Identical Assets (Level 1) |  | Significant Observable Inputs (Level 2) |  | Significant Unobservable Inputs (Level 3) |  | Total |
Financial assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents |  | $ | 53,041 |  | $ | 53,041 |  | $ | - |  | $ | - |  | $ | 53,041 |
Investment securities available for sale |  |  | 528,539 |  |  | 1,127 |  |  | 527,412 |  |  | - |  |  | 528,539 |
Loans and leases, net held for investment |  |  | 1,145,888 |  |  | - |  |  | 1,172,194 |  |  | - |  |  | 1,172,194 |
Collateral dependent impaired loans |  |  | 1,983 |  |  | - |  |  | 1,983 |  |  | - |  |  | 1,983 |
Loans held-for-sale |  |  | - |  |  | - |  |  | - |  |  | - |  |  | - |
Cash surrender value of life insurance policies |  |  | 43,829 |  |  | - |  |  | 43,829 |  |  | - |  |  | 43,829 |
Other investments |  |  | 7,945 |  |  | - |  |  | 7,945 |  |  | - |  |  | 7,945 |
Investment in limited partnership |  |  | 8,568 |  |  | - |  |  | 8,568 |  |  | - |  |  | 8,568 |
Accrued interest receivable |  |  | 5,697 |  |  | - |  |  | 5,697 |  |  | - |  |  | 5,697 |
Financial liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Deposits: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Noninterest-bearing |  | $ | 433,328 |  | $ | 433,328 |  | $ | - |  | $ | - |  | $ | 433,328 |
Interest-bearing |  |  | 1,052,746 |  |  | - |  |  | 929,491 |  |  | - |  |  | 929,491 |
Fed funds purchased and repurchase agreements |  |  | 14,294 |  |  | - |  |  | 14,294 |  |  | - |  |  | 14,294 |
Short-term borrowings |  |  | 93,700 |  |  | - |  |  | 93,700 |  |  | - |  |  | 93,700 |
Long-term borrowings |  |  | - |  |  | - |  |  | - |  |  | - |  |  | - |
Subordinated debentures |  |  | 30,928 |  |  | - |  |  | 8,847 |  |  | - |  |  | 8,847 |
Limited partnership capital commitment |  |  | 3,070 |  |  | - |  |  | 3,070 |  |  | - |  |  | 3,070 |
Accrued interest payable |  |  | 128 |  |  | - |  |  | 128 |  |  | - |  |  | 128 |
|  | December 31, 2015 |
|  |  |  |  | Estimated Fair Value |
|  | Carrying Amount |  | Quoted Prices in Active Markets for Identical Assets (Level 1) |  | Significant Observable Inputs (Level 2) |  | Significant Unobservable Inputs (Level 3) |  | Total |
Financial assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents |  | $ | 48,623 |  | $ | 48,623 |  | $ | - |  | $ | - |  | $ | 48,623 |
Investment securities available for sale |  |  | 507,582 |  |  | 1,296 |  |  | 506,286 |  |  | - |  |  | 507,582 |
Loans and leases, net held for investment |  |  | 1,120,773 |  |  | - |  |  | 1,136,386 |  |  | - |  |  | 1,136,386 |
Collateral dependent impaired loans |  |  | 3,829 |  |  | - |  |  | 3,829 |  |  | - |  |  | 3,829 |
Cash surrender value of life insurance policies |  |  | 44,140 |  |  | - |  |  | 44,140 |  |  | - |  |  | 44,140 |
Other Investments |  |  | 7,546 |  |  | - |  |  | 7,546 |  |  | - |  |  | 7,546 |
Investment in limited partnership |  |  | 6,217 |  |  | - |  |  | 6,217 |  |  | - |  |  | 6,217 |
Accrued interest receivable |  |  | 5,808 |  |  | - |  |  | 5,808 |  |  | - |  |  | 5,808 |
Financial liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Deposits: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Noninterest-bearing |  | $ | 432,251 |  | $ | 432,251 |  | $ | - |  | $ | - |  | $ | 432,251 |
Interest-bearing |  |  | 1,032,377 |  |  | - |  |  | 1,032,547 |  |  | - |  |  | 1,032,547 |
Fed funds purchased and repurchase agreements |  |  | 9,405 |  |  | - |  |  | 9,405 |  |  | - |  |  | 9,405 |
Short-term borrowings |  |  | 75,300 |  |  | - |  |  | 75,300 |  |  | - |  |  | 75,300 |
Long-term borrowings |  |  | 2,000 |  |  | - |  |  | 2,001 |  |  | - |  |  | 2,001 |
Subordinated debentures |  |  | 30,928 |  |  | - |  |  | 7,383 |  |  | - |  |  | 7,383 |
Limited partnership capital commitment |  |  | 795 |  |  | - |  |  | 795 |  |  | - |  |  | 795 |
Accrued interest payable |  |  | 116 |  |  | - |  |  | 116 |  |  | - |  |  | 116 |
Schedule of off-balance-sheet financial instruments |
|  | Notional Amount |
Off-balance-sheet financial instruments: |  |  |  |
Commitments to extend credit |  | $ | 325,357 |
Standby letters of credit |  |  | 8,990 |
|  | Notional Amount |
Off-balance-sheet financial instruments: |  |  |  |
Commitments to extend credit |  | $ | 354,890 |
Standby letters of credit |  |  | 16,654 |
Schedule of assets reported at fair value on a recurring basis | Fair Value Measurements - Recurring (dollars in thousands, unaudited)
|  | Fair Value Measurements at June 30, 2016, using |  |  |  |
|  | Quoted Prices in |  | Significant |  | Significant |  |  |  |  |  |  |
|  | Active Markets for |  | Observable |  | Unobservable |  |  |  |  |  |  |
|  | Identical Assets |  | Inputs |  | Inputs |  |  |  |  | Realized |
|  | (Level 1) |  | (Level 2) |  | (Level 3) |  | Total |  | Gain/(Loss) |
Investment securities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
US Government agencies |  | $ | - |  | $ | 24,872 |  | $ | - |  | $ | 24,872 |  | $ | - |
Mortgage-backed securities |  |  | - |  |  | 394,614 |  |  | - |  |  | 394,614 |  |  | - |
State and poltical subdivisions |  |  | - |  |  | 107,926 |  |  | - |  |  | 107,926 |  |  | - |
Other securities |  |  | 1,127 |  |  | - |  |  | - |  |  | 1,127 |  |  | - |
Total available-for-sale securities |  | $ | 1,127 |  | $ | 527,412 |  | $ | - |  | $ | 528,539 |  | $ | - |
|  | Fair Value Measurements at December 31, 2015, using |  |  |  |
|  | Quoted Prices in |  | Significant |  | Significant |  |  |  |  |  |
|  | Active Markets for |  | Observable |  | Unobservable |  |  |  |  |  |  |
|  | Identical Assets |  | Inputs |  | Inputs |  |  |  |  | Realized |
|  | (Level 1) |  | (Level 2) |  | (Level 3) |  | Total |  | Gain/(Loss) |
Investment securities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
US Government agencies |  | $ | - |  | $ | 29,042 |  | $ | - |  | $ | 29,042 |  | $ | - |
Mortgage-backed securities |  |  | - |  |  | 375,061 |  |  | - |  |  | 375,061 |  |  | - |
State and poltical subdivisions |  |  | - |  |  | 102,183 |  |  | - |  |  | 102,183 |  |  | - |
Other securities |  |  | 1,296 |  |  | - |  |  | - |  |  | 1,296 |  |  | - |
Total available-for-sale securities |  | $ | 1,296 |  | $ | 506,286 |  | $ | - |  | $ | 507,582 |  | $ | - |
Schedule of assets reported at fair value on a nonrecurring basis | Fair Value Measurements - Nonrecurring (dollars in thousands, unaudited)
|  | Fair Value Measurements at June 30, 2016, using |
|  | Quoted Prices in Active |  | Significant |  | Significant |  |  |  |
|  | Markets for |  | Observable Inputs |  | Unobservable Inputs |  |  |  |
|  | Identical Assets (Level 1) |  | (Level 2) |  | (Level 3) |  | Total |
Impaired loans |  |  |  |  |  |  |  |  |  |  |  |  |
Real Estate: |  |  |  |  |  |  |  |  |  |  |  |  |
1-4 family residential construction |  | $ | - |  | $ | - |  | $ | - |  | $ | - |
Other construction/land |  |  | - |  |  | 75 |  |  | - |  |  | 75 |
1-4 family - closed-end |  |  | - |  |  | - |  |  | - |  |  | - |
Equity lines |  |  | - |  |  | - |  |  | - |  |  | - |
Multi-family residential |  |  | - |  |  | - |  |  | - |  |  | - |
Commercial real estate - owner occupied |  |  | - |  |  | 20 |  |  | - |  |  | 20 |
Commercial real estate-non-owner occupied |  |  | - |  |  | 1,845 |  |  | - |  |  | 1,845 |
Farmland |  |  | - |  |  | - |  |  | - |  |  | - |
Total real estate |  |  | - |  |  | 1,940 |  |  | - |  |  | 1,940 |
Agriculture |  |  | - |  |  | - |  |  | - |  |  | - |
Commercial and industrial |  |  | - |  |  | - |  |  | - |  |  | - |
Consumer loans |  |  | - |  |  | 43 |  |  | - |  |  | 43 |
Total impaired loans |  |  | - |  |  | 1,983 |  |  | - |  |  | 1,983 |
Foreclosed assets |  | $ | - |  | $ | 2,897 |  | $ | - |  | $ | 2,897 |
Total assets measured on a norecurring basis |  | $ | - |  | $ | 4,880 |  | $ | - |  | $ | 4,880 |
|  | Fair Value Measurements at December 31, 2015, using |
|  | Quoted Prices in Active |  | Significant |  | Significant |  |  |  |
|  | Markets for |  | Observable Inputs |  | Unobservable Inputs |  |  |  |
|  | Identical Assets (Level 1) |  | (Level 2) |  | (Level 3) |  | Total |
Impaired loans |  |  |  |  |  |  |  |  |  |  |  |  |
Real Estate: |  |  |  |  |  |  |  |  |  |  |  |  |
1-4 family residential construction |  | $ | - |  | $ | - |  | $ | - |  | $ | - |
Other construction/land |  |  | - |  |  | 179 |  |  | - |  |  | 179 |
1-4 family - closed-end |  |  | - |  |  | 499 |  |  | - |  |  | 499 |
Equity lines |  |  | - |  |  | 30 |  |  | - |  |  | 30 |
Multi-family residential |  |  | - |  |  | - |  |  | - |  |  | - |
Commercial real estate - owner occupied |  |  | - |  |  | 26 |  |  | - |  |  | 26 |
Commercial real estate-non-owner occupied |  |  | - |  |  | 3,053 |  |  | - |  |  | 3,053 |
Farmland |  |  | - |  |  | - |  |  |  |  |  | - |
Total real estate |  |  | - |  |  | 3,787 |  |  | - |  |  | 3,787 |
Agriculture |  |  | - |  |  | - |  |  |  |  |  | - |
Commercial and industrial |  |  | - |  |  | - |  |  |  |  |  | - |
Consumer loans |  |  | - |  |  | 42 |  |  |  |  |  | 42 |
Total impaired loans |  |  | - |  |  | 3,829 |  |  | - |  |  | 3,829 |
Foreclosed assets |  | $ | - |  | $ | 3,193 |  | $ | - |  | $ | 3,193 |
Total assets measured on a norecurring basis |  | $ | - |  | $ | 7,022 |  | $ | - |  | $ | 7,022 |

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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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- 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 the notional amounts of outstanding derivative positions. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1A -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=64837297&loc=SL5579245-113959 + Details
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