XML 51 R40.htm IDEA: XBRL DOCUMENT

Fair Value of Financial Instruments (Tables)

9 Months Ended

Sep. 30, 2017

Fair Value Disclosures [Abstract]

Schedule of Fair Value Hierarchy Level and Estimated Fair Value of Significant Financial Instruments

The fair value hierarchy level and estimated fair value of significant financial instruments at September 30, 2017 and December 31, 2016 are summarized as follows:

				September 30,								December 31,
				2017								2016
		Fair Value		Carrying				Fair				Carrying				Fair
(dollars in thousands)		Hierarchy		Value				Value				Value				Value
Financial Assets:
Cash and due from banks		Level 1		$	69,552			$	69,552			$	74,213			$	74,213
Federal funds sold and other cash equivalents		Level 1			96,500				96,500				44,500				44,500
Interest-earning deposits in other financial institutions		Level 1			100				100				345				345
Investment securities - AFS		Level 2			55,697				55,697				39,277				39,277
Investment securities - HTM		Level 2			5,191				5,485				6,214				6,553
Mortgage loans held for sale		Level 1			125,704				128,491				44,345				45,433
Loans, net		Level 3			1,185,102				1,205,092				1,096,284				1,095,944

Financial Liabilities:
Deposits		Level 2			1,318,292				1,315,698			$	1,152,763			$	1,140,707
Long-term debt		Level 2			49,492				47,657				49,383				48,447
Subordinated debentures		Level 3			3,402				3,582				3,334				3,334