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Fair Value of Financial Instruments (Tables)
 6 Months Ended
Jun. 30, 2014
Financial Instruments, Owned, at Fair Value [Abstract]  
Summary of the carrying amounts and fair values of financial instruments

 

                June 30, 2014  
                Fair Value Measurements  
                Quoted Prices              
                in Active           Net  
                Markets for     Other     Significant  
    June 30, 2014     Identical     Observable     Unobservable  
    Carrying     Fair     Assets     Inputs     Inputs  
(in thousands)   Amount     Value     (Level 1)     (Level 2)     (Level 3)  
                               
Assets:                                        
Cash and due from banks   $ 27,065     $ 27,065     $ 27,065     $ 0     $ 0  
Federal funds sold and overnight interest-bearing deposits     7,175       7,175       7,175       0       0  
Investment in available-for-sale securities     215,653       215,653       0       215,653       0  
Loans, net     845,311       847,244       0       0       847,244  
Investment in FHLB stock     2,315       2,315       0       2,315       0  
Mortgage servicing rights     2,911       2,911       0       0       2,911  
Cash surrender value - life insurance     2,251       2,251               2,251       0  
Accrued interest receivable     4,751       4,751       4,751       0       0  
    $ 1,107,432     $ 1,109,365     $ 38,991     $ 220,219     $ 850,155  
Liabilities:                                        
Deposits:                                        
Non-interest bearing demand   $ 196,171     $ 196,171     $ 196,171     $ 0     $ 0  
Savings, interest checking and money market     448,836       448,836       448,836       0       0  
Time deposits     343,443       345,485       0       0       345,485  
Federal funds purchased and securities sold under agreements to repurchase     22,849       22,849       22,849       0       0  
Subordinated notes     49,486       33,583       0       33,583       0  
Federal Home Loan Bank advances     24,000       25,081       0       25,081       0  
Accrued interest payable     393       393       393       0       0  
    $ 1,085,178     $ 1,072,398     $ 668,249     $ 58,664     $ 345,485  

 

  

 

                December 31, 2013  
                Fair Value Measurements  
                Quoted Prices              
                in Active           Net  
                Markets for     Other     Significant  
    December 31, 2013     Identical     Observable     Unobservable  
    Carrying     Fair     Assets     Inputs     Inputs  
(in thousands)   Amount     Value     (Level 1)     (Level 2)     (Level 3)  
                               
Assets:                                        
Cash and due from banks   $ 27,079     $ 27,079     $ 27,079     $ 0     $ 0  
Federal funds sold and overnight interest-bearing deposits     1,360       1,360       1,360       0       0  
Investment in available-for-sale securities     205,985       205,985       1,003       204,982       0  
Loans, net     825,828       829,223       0       0       829,223  
Investment in FHLB stock     2,354       2,354       0       2,354       0  
Mortgage servicing rights     3,036       3,036       0       0       3,036  
Cash surrender value - life insurance     2,213       2,213               2,213       0  
Accrued interest receivable     4,999       4,999       4,999       0       0  
    $ 1,072,854     $ 1,076,249     $ 34,441     $ 209,549     $ 832,259  
Liabilities:                                        
Deposits:                                        
Non-interest bearing demand   $ 187,382     $ 187,382     $ 187,382     $ 0     $ 0  
Savings, interest checking and money market     419,085       419,085       419,085       0       0  
Time deposits     350,004       352,432       0       0       352,432  
Federal funds purchased and securities sold under agreements to repurchase     31,084       31,084       31,084       0       0  
Subordinated notes     49,486       32,048       0       32,048       0  
Federal Home Loan Bank advances     24,000       25,366       0       25,366       0  
Accrued interest payable     426       426       426       0       0  
    $ 1,061,467     $ 1,047,823     $ 637,977     $ 57,414     $ 352,432