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Fair Value Measurements and Fair Value of Financial Instruments (Tables)
 12 Months Ended
Dec. 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 December 31, 2017 and December 31, 2016 are as follows:

 

       December 31, 2017
Fair Value Measurements at Reporting Date Using		 
       Quoted Prices
in Active
Markets for
Identical
Assets
(Level 1)		   Significant
Other
Observable
Inputs
(Level 2)		   Significant
Unobservable
Inputs
(Level 3)		 
       (dollars in thousands) 
Recurring fair value measurements:                    
Assets                    
Investment securities:                    
Available-for-sale:                    
Federal agency obligations  $56,022   $-   $56,022   $- 
Residential mortgage pass-through securities   181,891    -    181,891    - 
Commercial mortgage pass-through securities   4,054    -    4,054    - 
Obligations of U.S. states and political subdivision   131,128    -    121,496    9,632 
Trust preferred securities   4,671    -    4,671    - 
Corporate bonds and notes   29,693    -    29,693    - 
Asset-backed securities   12,050    -    12,050    - 
Certificates of deposit   625    -    625    - 
Equity securities   11,728    11,728    -    - 
Other securities   3,422    3,422    -    - 
Total available-for-sale  435,284   15,150   410,502   9,632 
Derivatives   798    -    798    - 
Total assets  $436,082   $15,150   $411,300   $9,632 

 

       December 31, 2016
Fair Value Measurements at Reporting Date Using		 
       Quoted Prices
in Active
Markets for
Identical
Assets
(Level 1)		   Significant
Other
Observable
Inputs
(Level 2)		   Significant
Unobservable
Inputs
(Level 3)		 
       (dollars in thousands) 
Recurring fair value measurements:                    
Assets                    
Investment 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   11,710    11,710    -    - 
Other securities   3,272    3,272    -    - 
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 December 31, 2017 and December 31, 2016 are as follows:

 

       Fair Value Measurements at Reporting Date Using 
Assets measured at fair value on a nonrecurring basis:  December 31,
2017		   Quoted
Prices
in Active
Markets for
Identical
Assets
(Level 1)		   Significant
Other
Observable
Inputs
(Level 2)		   Significant
Unobservable
Inputs
(Level 3)		 
Impaired loans:  (dollars in thousands) 
Commercial real estate  $1,094   $-   $-   $1,094 
                     
        Fair Value Measurements at Reporting Date Using 
Assets measured at fair value on a nonrecurring basis:  December 31,
2016		   Quoted
Prices
in Active
Markets for
Identical
Assets
(Level 1)		   Significant
Other
Observable
Inputs
(Level 2)		   Significant
Unobservable
Inputs
(Level 3)		 
Impaired loans:  (dollars 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, by Balance Sheet Grouping [Table Text Block]

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

 

   Municipal
Securities		 
   (dollars in thousands) 
Beginning balance, January 1, 2017  $18,218 
Principal paydowns   (8,586) 
Ending balance, December 31, 2017  $9,632 

 

   Municipal
Securities		 
   (dollars in thousands) 
Beginning balance, January 1, 2016  $- 
Other(1)   18,335 
Principal paydowns   (117) 
Ending balance, December 31, 2016  $18,218 

 

(1)Includes transfers from held-to-maturity to available-for-sale designation
Fair Value, Recurring basis [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 December 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.

 

December 31, 2017              
   Fair Value   Valuation
Techniques		  Unobservable
Input		  Range 
Securities available-for-sale:      (dollars in thousands)       
Municipal securities  $9,632   Discounted cash flows  Discount rate   2.9% 

 

December 31, 2016              
   Fair Value   Valuation
Techniques		  Unobservable
Input		  Range 
Securities available-for-sale:       (dollars in thousands)        
Municipal securities  $18,218   Discounted cash flows  Discount rate   2.8% 
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 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.

 

December 31, 2017             
  Fair Value   Valuation
Techniques		  Unobservable
Input		  Range (weighed average)
Impaired loans:  (dollars in thousands)
Commercial real estate  $1,094   Appraisals of collateral value  Comparable sales  0% - 10% (5%)
               
 December 31, 2016              
  Fair Value   Valuation
Techniques
(weightings)		  Unobservable
Input		  Range (weighed average)
Impaired loans:  (dollars in thousands)
Commercial real estate  $1,099   Appraisals of collateral value  Comparable sales  0% - 15% (6%)
               
Loans held-for-sale:              
Commercial taxi medallion loans  $65,596   Market approach (70%)
 



Discounted cash flows (30%)		  Indications under securitized transactions expressed as a price to unpaid principal balance
 
Discount Rate		  40 - 100 (59)




14%
Fair Value Measurements, Nonrecurring [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 December 31, 2017 and December 31, 2016:

 

           Fair Value Measurements 
   Carrying
Amount		   Fair
Value		   Quoted
Prices in
Active
Markets for
Identical
Assets
(Level 1)		   Significant
Other
Observable
Inputs
 (Level 2)		   Significant
Unobservable
Inputs
(Level 3)		 
   (dollars in thousands) 
December 31, 2017                    
                          
Financial assets:                          
Cash and due from banks  $149,582   $149,582   $149,582   $-   $- 
Investment securities available-for-sale   435,284    435,284    15,150    410,502    9,632 
Restricted investment in bank stocks   33,497    n/a    n/a    n/a    n/a 
Loans held-for-sale   24,845    24,845    -    370    24,475 
Net loans   4,139,708    4,118,542    -    -    4,118,542 
Derivatives   798    798    -    798    - 
Accrued interest receivable   15,470    15,470    -    1,900    13,570 
                          
Financial liabilities:                         
Noninterest-bearing deposits   776,843    776,843    776,843    -    - 
Interest-bearing deposits   3,018,285    3,018,285    1,842,151    1,176,134    - 
Borrowings   670,077    669,680    -    669,680    - 
Subordinated debentures   54,699    57,340    -    57,340    - 
Accrued interest payable   3,707    3,707    -    3,707    - 
                          
December 31, 2016                         
                          
Financial assets:                         
Cash and due from banks  $200,399   $200,399   $200,399   $-   $- 
Investment 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    -