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Fair Value Measurements and Fair Value of Financial Instruments (Tables)
3 Months Ended
Mar. 31, 2017
Fair Value Disclosures [Abstract]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]

For financial assets and liabilities measured at fair value on a recurring basis, the fair value measurements by level within the fair value hierarchy used at March 31, 2017 and December 31, 2016 are as follows:

            March 31, 2017
Fair Value Measurements at Reporting Date Using
Quoted Prices            
in Active Significant
Markets for Other Significant
Identical Observable Unobservable
Assets Inputs Inputs
(Level 1) (Level 2) (Level 3)
(dollars in thousands)
Recurring fair value measurements:
Assets
Securities:
       Available-for-sale:  
              Federal agency obligations $ 56,650 $ - $ 56,650 $ -
              Residential mortgage pass-  
                     through securities 104,471 - 104,471 -
              Commercial mortgage pass-
                     through securities 4,185 - 4,185 -
              Obligations of U.S. states and
                     political subdivision 125,006 - 106,906 18,100
              Trust preferred securities 4,542 - 4,542 -
              Corporate bonds and notes 30,547 - 30,547 -
              Asset-backed securities 13,969 - 13,969 -
              Certificates of deposit 981 - 981 -
              Equity securities 608 608 - -
              Other securities 11,517 11,517 - -
       Total available-for-sale $      352,476 $ 12,125 $ 322,251 $ 18,100
Derivatives 248 - 248 -
       Total Assets $ 352,724 $ 12,125 $ 322,499 $ 18,100

            December 31, 2016
Fair Value Measurements at Reporting Date Using
Quoted Prices            
in Active Significant
Markets for Other Significant
Identical Observable Unobservable
Assets Inputs Inputs
(Level 1) (Level 2) (Level 3)
(dollars in thousands)
Recurring fair value measurements:
Assets
Securities:
       Available-for-sale:
              Federal agency obligations $      52,837 $ - $ 52,837 $ -
              Residential mortgage pass-  
                     through securities 72,497 - 72,497 -
              Commercial mortgage pass-
                     through securities 4,209 - 4,209 -
              Obligations of U.S. states and
                     political subdivision 150,605 - 132,387 18,218
              Trust preferred securities 5,666 - 5,666 -
              Corporate bonds and notes 36,928 - 36,928 -
              Asset-backed securities 14,583 - 14,583 -
              Certificates of deposit 983 - 983 -
              Equity securities 568 568 - -
              Other securities 14,414 14,414 - -
       Total available-for-sale $ 353,290 $ 14,982 $ 320,090 $ 18,218
       Derivatives 88 - 88 -
       Total assets $ 353,378 $ 14,982 $ 320,178 $ 18,218
Fair Value, Assets and Liabilities Measured on Nonrecurring Basis, Valuation Techniques [Table Text Block]

For assets measured at fair value on a non-recurring basis, the fair value measurements at March 31, 2017 and December 31, 2016 are as follows:

            Fair Value Measurements at Reporting Date Using
Quoted            
Prices
in Active Significant
Markets for Other Significant
Identical Observable Unobservable
March 31, Assets Inputs Inputs
Assets measured at fair value on a nonrecurring basis: 2017 (Level 1) (Level 2) (Level 3)
Impaired loans: (in thousands)
Commercial real estate $ 685 $ - $ - $ 685
 
Loans held-for-sale:
Commercial 61,319 - - 61,319
 
Fair Value Measurements at Reporting Date Using
Quoted
Prices
in Active Significant
Markets for Other Significant
Identical Observable Unobservable
December 31, Assets Inputs Inputs
Assets measured at fair value on a nonrecurring basis: 2016 (Level 1) (Level 2) (Level 3)
Impaired loans: (in thousands)
Commercial real estate $ 1,099 $ - $ - $ 1,099
 
Loans held-for-sale:
Commercial 70,105 - 4,509 65,596
Commercial real estate 7,712 - 7,712 -
Fair Value, Recurring basis [Table Text Block]

The tables below present a reconciliation of all assets measured at fair value of a recurring basis using significant unobservable inputs (Level 3) for the three months ended March 31, 2017 and year ended December 31, 2016 (dollars in thousands):

Municipal
Securities
Beginning balance, January 1, 2017 $        18,218
Other(1) -
Principal paydowns (118 )
Ending balance, March 31, 2017 $ 18,100
 
Municipal
Securities
Beginning balance, January 1, 2016 $ -
Other(1) 18,335
Principal paydowns   (117 )
Ending balance, December 31, 2016 $ 18,218
Significant unobservable inputs used in fair value measurements [Table Text Block]

The following methods and assumptions were used to estimate the fair values of the Company’s assets measured at fair value on a recurring basis at March 31, 2017 and December 31, 2016. The table below provides quantitative information about significant unobservable inputs used in fair value measurements within Level 3 hierarchy.

March 31, 2017                        
Valuation Unobservable
(dollars in thousands) Fair Value Techniques Input Range
Securities available-for-sale:  
       Municipal securities $        18,100 Discounted Cash Discount Rate 2.8%
Flows
 
December 31, 2016
Valuation Unobservable
(dollars in thousands) Fair Value Techniques Input Range
Securities available-for-sale:
       Municipal securities $ 18,218 Discounted Cash Discount Rate 2.8%
Flows
Fair Value Measurements, Nonrecurring [Table Text Block]

The following methods and assumptions were used to estimate the fair values of the Company’s assets measured at fair value on a non-recurring basis for the periods presented. The tables below provide quantitative information about significant unobservable inputs used in fair value measurements within Level 3 hierarchy.

March 31, 2017                                
Valuation
Techniques Unobservable
(dollars in thousands) Fair Value (weightings) Input Range (weighted average)
Impaired loans:
Commercial real $       685 Appraisals of Comparable sales 0% - 15% (6%)
estate collateral value
 
Loans held-for-sale:
Commercial taxi $ 61,319 Market approach Indications under securitized 37 - 100 (56)
medallion loans (70%) transactions expressed as a
  price to unpaid principal
balance
Discounted cash
flows (30%) Discount Rate 14%
 
December 31, 2016
Valuation
Techniques Unobservable
(dollars in thousands) Fair Value (weightings) Input Range (weighted average)
Impaired loans:
Commercial real $ 1,099 Appraisals of Comparable sales 0% - 15% (6%)
estate collateral value
 
Loans held-for-sale:
Commercial taxi $ 65,596 Market approach Indications under securitized 40 - 100 (59)
medallion loans (70%) transactions expressed as a
price to unpaid principal
balance
Discounted cash
flows (30%) Discount Rate 14%
Fair Value, by Balance Sheet Grouping [Table Text Block]

The following presents the carrying amount, fair value, and placement in the fair value hierarchy of the Company’s financial instruments as of March 31, 2017 and December 31, 2016:

                  Fair Value Measurements
Quoted            
Prices in
Active Significant
Markets for Other Significant
Identical Observable Unobservable
Carrying Fair Assets Inputs Inputs
Amount Value (Level 1) (Level 2) (Level 3)
(in thousands)
March 31, 2017
Financial assets:
Cash and due from banks $       161,869 $      161,869 $       161,869 $        - $ -
Securities available-for-sale 352,476 352,476 12,125 322,251 18,100
Restricted investment in bank stocks 24,985 n/a n/a n/a n/a
Loans held-for-sale 62,255 62,255 - 936 61,319
Net loans 3,544,762 3,554,778 - - 3,554,778
Derivatives 248 248 - 248 -
Accrued interest receivable 12,701 12,701 - 1,555 11,146
 
Financial liabilities:
Noninterest-bearing deposits 671,183 671,183 671,183 - -
Interest-bearing deposits 2,684,294 2,684,132 1,714,491 969,641 -
Borrowings 491,226 492,818 - 492,818 -
Subordinated debentures 54,575 56,040 - 56,040 -
Accrued interest payable 3,783 3,783 - 3,783 -
 
December 31, 2016
Financial assets:
Cash and due from banks $ 200,399 $ 200,399 $ 200,399 $ - $         -
Securities available-for-sale 353,290 353,290 14,982 320,090 18,218
Restricted investment in bank stocks 24,310 n/a n/a n/a n/a
Loans held-for-sale 78,005 78,005 - 12,409 65,596
Net loans 3,450,088 3,462,138 - - 3,462,138
Derivatives 88 88 - 88 -
Accrued interest receivable 12,965 12,965 - 2,026 10,939
 
Financial liabilities:
Noninterest-bearing deposits 694,977 694,977 694,977 - -
Interest-bearing deposits 2,649,294 2,649,717 1,681,044 968,673 -
Borrowings 476,280 478,286 - 478,286 -
Subordinated debentures 54,534 55,901 - 55,901 -
Accrued interest payable 4,142 4,142 - 4,142 -