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Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2014
Fair Value Disclosures [Abstract]  
Schedule of assets and liabilities recorded at fair value on a recurring basis
          Fair Value Measurements  
          Quoted Prices              
          in Active              
          Markets for     Other     Significant  
          Identical     Observable     Unobservable  
          Assets     Inputs     Inputs  
(in thousands)   Fair Value   (Level 1)     (Level 2)     (Level 3)  
December 31, 2014                                
Assets:                                
Government sponsored enterprises   $ 57,099     $ 0       57,099     $ 0  
Asset-backed securities     106,462       0       106,462       0  
Obligations of states and political subdivisions     35,437       0       35,437       0  
Mortgage servicing rights     2,762       0       0       2,762  
Total   $ 201,760     $ 0     $ 198,998     $ 2,762  
                                 
December 31, 2013                                
Assets:                                
U.S. treasury   $ 1,003     $ 1,003     $ 0     $ 0  
Government sponsored enterprises     60,616       0       60,616       0  
Asset-backed securities     110,373       0       110,373       0  
Obligations of states and political subdivisions     33,993       0       33,993       0  
Mortgage servicing rights     3,036       0       0       3,036  
Total   $ 209,021     $ 1,003     $ 204,982     $ 3,036  
Schedule of summary of changes in Level 3 assets and liabilities measured at fair value on a recurring basis
    Fair Value Measurements Using  
    Significant Unobservable Inputs  
    (Level 3)  
(in thousands)   Mortgage Servicing Rights  
Balance at December 31, 2012   $ 2,549  
Total gains or losses (realized/unrealized):        
Included in earnings     (25 )
Included in other comprehensive income     0  
Purchases     0  
Sales     0  
Issues     512  
Settlements     0  
Balance at December 31, 2013   $ 3,036  
Total gains or losses (realized/unrealized):        
Included in earnings     (576 )
Included in other comprehensive income     0  
Purchases     0  
Sales     0  
Issues     302  
Settlements     0  
Balance at December 31, 2014   $ 2,762  
Schedule of quantitative Information about Level 3 Fair Value Measurements
Quantitative Information about Level 3 Fair Value 
Measurements
Valuation Technique
Unobservable Inputs
Input Value
2014
2013
Mortgage servicing rights
Discounted cash flows
Weighted average constant prepayment rate 10.54% 9.48%
Weighted average discount rate 9.21% 9.06%
Weighted average expected life (in years) 5.70 6.10
 
Schedule of valuation methods for instruments measured at fair value on a nonrecurring basis
          Fair Value Measurements Using        
          Quoted Prices                    
          in Active                    
          Markets for     Other     Significant        
          Identical     Observable     Unobservable        
    Total     Assets     Inputs     Inputs     Total Gains  
(in thousands)   Fair Value     (Level 1)     (Level 2)     (Level 3)     (Losses)*  
December 31, 2014                                        
Assets:                                        
Impaired loans:                                        
Commercial, financial, & agricultural   $ 1,386     $ 0     $ 0     $ 1,386     $ (1,105 )
Real estate construction - residential     0       0       0       0       (350 )
Real estate construction - commercial     0       0       0       0       (491 )
Real estate mortgage - residential     3,322       0       0       3,322       (332 )
Real estate mortgage - commercial     809       0       0       809       (2,937 )
Consumer     172       0       0       172       (148 )
Total   $ 5,689     $ 0     $ 0     $ 5,689     $ (5,363 )
Other real estate owned and repossessed assets   $ 11,885     $ 0     $ 0     $ 11,885     $ (1,870 )
                                         
December 31, 2013                                        
Assets:                                        
Impaired loans:                                        
Commercial, financial, & agricultural   $ 827     $ 0     $ 0     $ 827     $ (735 )
Real estate construction - residential     1,768       0       0       1,768       (119 )
Real estate construction - commercial     210       0       0       210       (498 )
Real estate mortgage - residential     3,022       0       0       3,022       (376 )
Real estate mortgage - commercial     5,616       0       0       5,616       (1,457 )
Consumer     27       0       0       27       0  
Total   $ 11,470     $ 0     $ 0     $ 11,470     $ (3,185 )
Other real estate owned and repossessed assets   $ 14,867     $ 0     $ 0     $ 14,867     $ (5,395 )

 

* Total gains (losses) reported for other real estate owned and repossessed assets includes charge-offs, valuation write-downs, and net losses taken during the periods reported.