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Fair Value Disclosures (Tables)
 12 Months Ended
Dec. 31, 2020
Fair Value Disclosures [Abstract]  
Assets and Liabilities Measured at Fair Value on Recurring Basis
The following table presents the assets and liabilities measured at fair value on a recurring basis at December 31, 2020 and 2019, classified using the fair value hierarchy:
 At December 31, 2020
(Dollars in thousands)Level 1Level 2Level 3Assets/
Liabilities at
Fair Value
Assets:
Available-for-sale securities:
State and political subdivisions$— $13,537 $— $13,537 
Residential mortgage-backed securities— 114,163 — 114,163 
Collateralized mortgage obligations— 5,321 — 5,321 
Corporate bonds— 76,019 9,600 85,619 
Total available-for-sale securities— 209,040 9,600 218,640 
Equity securities:
Equity securities - financial services industry818 — — 818 
Money market mutual funds2,461 — — 2,461 
Total equity securities3,279 — — 3,279 
Loans*— — 187 187 
Loans held for sale— 37,039 — 37,039 
Interest rate locks with customers*— 2,894 — 2,894 
Total assets$3,279 $248,973 $9,787 $262,039 
Liabilities:
Contingent consideration liability$— $— $55 $55 
Interest rate swaps*— 541 — 541 
Credit derivatives*— — 535 535 
Forward loan sale commitments*— 752 — 752 
Total liabilities$— $1,293 $590 $1,883 
*Such financial instruments are recorded at fair value as further described in Note 17, "Derivative Instruments and Hedging Activities."

The $9.6 million of Corporate bonds is comprised of one investment grade bond and the Corporation utilizes a third party to estimate the value. The value is derived from a discounted cash flow analysis which utilizes a probability of default input. The $535 thousand of credit derivatives liability represents the Credit Valuation Adjustment (CVA), which is obtained from real-time financial market data, of ninety-four interest rate swaps with a current notional amount of $643.6 million. The December 31, 2020 CVA assumes a zero-deal recovery percentage based on the most recent index credit curve.

At December 31, 2020, the Corporation recorded a $400 thousand unrealized loss within other comprehensive income for recurring Level 3 fair value measurements held at December 31, 2020.
 At December 31, 2019
(Dollars in thousands)Level 1Level 2Level 3Assets/
Liabilities at
Fair Value
Assets:
Available-for-sale securities:
U.S. government corporations and agencies$— $300 $— $300 
State and political subdivisions— 34,595 — 34,595 
Residential mortgage-backed securities— 118,460 — 118,460 
Collateralized mortgage obligations— 2,361 — 2,361 
Corporate bonds— 91,208 — 91,208 
Total available-for-sale securities— 246,924 — 246,924 
Equity securities:
Equity securities - financial services industry1,004 — — 1,004 
Money market mutual funds1,619 — — 1,619 
Total equity securities2,623 — — 2,623 
Loans*— — 317 317 
Interest rate locks with customers*— 399 — 399 
Total assets$2,623 $247,323 $317 $250,263 
Liabilities:
Contingent consideration liability$— $— $160 $160 
Interest rate swaps*— 249 — 249 
Credit derivatives*— — 176 176 
Forward loan sale commitments*— 19 — 19 
Total liabilities$— $268 $336 $604 
*Such financial instruments are recorded at fair value as further described in Note 17, "Derivative Instruments and Hedging Activities."
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation
The following table includes a rollforward of corporate bonds, loans and credit derivatives for which the Corporation utilized Level 3 inputs to determine fair value on a recurring basis for the years ended December 31, 2020 and 2019.
 For the Year Ended December 31, 2020
(Dollars in thousands)Balance at
December 31,
2019		AdditionsPayments received(Decrease) Increase in valueTransfer from Level 3Transfer into Level 3Balance at December 31, 2020
Corporate bonds$— $— $— $(400)$— $10,000 $9,600 
Loans317 — (123)(7)— — 187 
Credit derivatives(176)(6,092)— 5,733 — — (535)
Net total $141 $(6,092)$(123)$5,326 $— $10,000 $9,252 

 For the Year Ended December 31, 2019
(Dollars in thousands)Balance at
December 31,
2018		AdditionsPayments receivedIncrease (decrease) in valueTransfer from Level 3Transfer into Level 3Balance at December 31, 2019
Corporate bonds$25,729 $— $— $675 $(26,404)— $— 
Loans1,779 — (1,461)(1)— — 317 
Credit derivatives(72)(1,454)— 1,350 — — (176)
Net total $27,436 $(1,454)$(1,461)$2,024 $(26,404)$— $141 
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation
The following table includes a rollforward of corporate bonds, loans and credit derivatives for which the Corporation utilized Level 3 inputs to determine fair value on a recurring basis for the years ended December 31, 2020 and 2019.
 For the Year Ended December 31, 2020
(Dollars in thousands)Balance at
December 31,
2019		AdditionsPayments received(Decrease) Increase in valueTransfer from Level 3Transfer into Level 3Balance at December 31, 2020
Corporate bonds$— $— $— $(400)$— $10,000 $9,600 
Loans317 — (123)(7)— — 187 
Credit derivatives(176)(6,092)— 5,733 — — (535)
Net total $141 $(6,092)$(123)$5,326 $— $10,000 $9,252 

 For the Year Ended December 31, 2019
(Dollars in thousands)Balance at
December 31,
2018		AdditionsPayments receivedIncrease (decrease) in valueTransfer from Level 3Transfer into Level 3Balance at December 31, 2019
Corporate bonds$25,729 $— $— $675 $(26,404)— $— 
Loans1,779 — (1,461)(1)— — 317 
Credit derivatives(72)(1,454)— 1,350 — — (176)
Net total $27,436 $(1,454)$(1,461)$2,024 $(26,404)$— $141 
Contingent Consideration Liability Change in Amount
The following table presents the change in the balance of the contingent consideration liability related to acquisitions for which the Corporation utilized Level 3 inputs to determine fair value on a recurring basis for the years ended December 31, 2020 and 2019:
 For the Year Ended December 31, 2020
(Dollars in thousands)Balance at
December 31,
2019		Contingent
Consideration
from New
Acquisition		Payment of
Contingent
Consideration		Adjustment
of Contingent
Consideration		Balance at December 31, 2020
Girard Partners$160 $— $121 $16 $55 
Total contingent consideration liability$160 $— $121 $16 $55 

 For the Year Ended December 31, 2019
(Dollars in thousands)Balance at
December 31,
2018		Contingent
Consideration
from New
Acquisition		Payment of
Contingent
Consideration		Adjustment
of Contingent
Consideration		Balance at December 31, 2019
Girard Partners$259 $— $129 $30 $160 
Total contingent consideration liability$259 $— $129 $30 $160 
Assets Measured at Fair Value on Non-Recurring Basis
The Corporation may be required to periodically measure certain assets and liabilities at fair value on a non-recurring basis in accordance with GAAP. These adjustments to fair value usually result from the application of lower of cost or market accounting or changes in the value of loans held for investment analyzed on an individual basis. The following table represents assets measured at fair value on a non-recurring basis at December 31, 2020 and 2019:
 At December 31, 2020
(Dollars in thousands)Level 1Level 2Level 3Assets at
Fair Value
Individually analyzed loans held for investment$— $— $30,900 $30,900 
Other real estate owned— — 7,355 7,355 
Total$— $— $38,255 $38,255 

 At December 31, 2019
(Dollars in thousands)Level 1Level 2Level 3Assets at
Fair Value
Impaired loans held for investment$— $— $36,018 $36,018 
Impaired leases held for investment— — 277 277 
Other real estate owned— — 516 516 
Total$— $— $36,811 $36,811 
Assets, Liabilities and Off-Balance Sheet Items Not Measured at Fair Value
The following table presents assets and liabilities not measured at fair value on a recurring or non-recurring basis in the Corporation's consolidated balance sheet but for which the fair value is required to be disclosed at December 31, 2020 and 2019. The disclosed fair values are classified using the fair value hierarchy.
 At December 31, 2020
(Dollars in thousands)Level 1Level 2Level 3Fair
Value		Carrying
Amount
Assets:
Cash and short-term interest-earning assets$219,858 $— $— $219,858 $219,858 
Held-to-maturity securities— 156,325 — 156,325 151,257 
Federal Home Loan Bank, Federal Reserve Bank and other stockN/AN/AN/AN/A28,183 
Net loans and leases held for investment— — 5,338,782 5,338,782 5,192,710 
Servicing rights— — 6,783 6,783 6,408 
Total assets$219,858 $156,325 $5,345,565 $5,721,748 $5,598,416 
Liabilities:
Deposits:
Demand and savings deposits, non-maturity$4,678,940 $— $— $4,678,940 $4,678,940 
Time deposits— 574,018 — 574,018 563,775 
Total deposits4,678,940 574,018 — 5,252,958 5,242,715 
Short-term borrowings— 17,906 — 17,906 17,906 
Long-term debt— 112,968 — 112,968 110,000 
Subordinated notes— 190,045 — 190,045 183,515 
Total liabilities$4,678,940 $894,937 $— $5,573,877 $5,554,136 

 At December 31, 2019
(Dollars in thousands)Level 1Level 2Level 3Fair
Value		Carrying
Amount
Assets:
Cash and short-term interest-earning assets$125,128 $— $— $125,128 $125,128 
Held-to-maturity securities— 194,886 — 194,886 192,052 
Federal Home Loan Bank, Federal Reserve Bank and other stockN/AN/AN/AN/A28,254 
Loans held for sale— 5,560 — 5,560 5,504 
Net loans and leases held for investment— — 4,309,208 4,309,208 4,314,893 
Servicing rights— — 9,340 9,340 6,626 
Total assets$125,128 $200,446 $4,318,548 $4,644,122 $4,672,457 
Liabilities:
Deposits:
Demand and savings deposits, non-maturity$3,754,065 $— $— $3,754,065 $3,754,065 
Time deposits— 609,387 — 609,387 606,010 
Total deposits3,754,065 609,387 — 4,363,452 4,360,075 
Short-term borrowings— 18,680 — 18,680 18,680 
Long-term debt— 151,343 — 151,343 150,098 
Subordinated notes— 96,663 — 96,663 94,818 
Total liabilities$3,754,065 $876,073 $— $4,630,138 $4,623,671