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Fair Value of Financial Instruments (Tables)
3 Months Ended
Mar. 31, 2018
Fair Value Disclosures [Abstract]  
Assets Measured at Fair Value on a Recurring Basis
 
Recurring Fair Value Measurements at Reporting Date
 
March 31, 2018
 
December 31, 2017
(Dollars in thousands)
Level 1
Level 2
Level 3
 
Level 1
Level 2
Level 3
 
Assets:
 
 
 
 
 
 
 
Securities available-for-sale:
 
 
 
 
 
 
 
Obligations of:
 
 
 
 
 
 
 
States and political subdivisions
$

$
97,205

$

 
$

$
101,569

$

Residential mortgage-backed securities

681,746


 

673,664


Commercial mortgage-backed securities

6,864


 

6,976


Bank-issued trust preferred securities

5,095


 

5,129


Equity securities (a)



 
7,694

155

 
Total available-for-sale securities

790,910


 
7,694

787,493


Securities held-to-maturity:
 
 
 
 
 
 
 
Obligations of:
 
 
 
 
 
 
 
States and political subdivisions

4,300


 

4,417


Residential mortgage-backed securities

30,978


 

32,227


Commercial mortgage-backed securities

4,162


 

4,569


Total held-to-maturity securities

39,440


 

41,213


Equity securities (a)
7,311

160


 



Derivative assets (b)

6,633


 

4,594


Liabilities:
 
 
 
 
 
 
 
Derivative liabilities (c)
$

$
3,870

$

 
$

$
3,241

$

Fair Values of Financial Assets and Liabilities on Balance Sheets
 
Fair Value Measurements of Other Financial Instruments
(Dollars in thousands)
Fair Value Hierarchy Level
March 31, 2018
 
December 31, 2017
Carrying Amount
Fair Value
 
Carrying Amount
Fair Value
 
Assets:
 
 
 
 
 
 
Cash and cash equivalents
1
$
72,629

$
72,629

 
$
72,194

$
72,194

Other investment securities:
 
 
 
 
 
 
FHLB stock
2
28,132

28,132

 
28,132

28,132

FRB stock
2
10,179

10,179

 
10,179

10,179

Non-qualified deferred comp (a)
2
914

914

 


FHLMC stock
2
60

60

 
60

60

Total other investment securities
 
39,285

39,285

 
38,371

38,371

Loans
3
2,383,530

2,297,373

 
2,338,344

2,274,194

Bank owned life insurance (BOLI)
3
62,644

62,644

 
62,176

62,176

Bank premises and equipment, net
3
56,247

56,247

 
52,510

52,510

Servicing rights (b)
3
2,303

2,303

 
2,305

2,305

Liabilities:
 
 
 
 
 
 
Deposits
2
$
2,813,181

$
2,809,738

 
$
2,730,330

$
2,730,071

Short-term borrowings
2
203,475

203,494

 
209,491

209,628

Long-term borrowings
2
123,481

119,817

 
144,019

142,108