Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2012

Fair Value Measurements [Abstract]

Schedule Of Assets And Liabilities Measured At Fair Value On A Recurring And Nonrecurring Basis

(in thousands)		Total		Level 1		Level 2		Level 3		Total Gains (Losses)
September 30, 2012
Recurring fair value measurements
Financial Assets
U.S. Government agencies	$	4,415	$	-	$	4,415	$	-
Obligations of states and political subdivisions		50,133		-		50,133		-
Mortgage-backed securities:
U.S. Government agencies		294,328		-		294,328		-
Private label		3,626		-		3,626		-
Trust preferred securities		15,508		-		13,162		2,346
Corporate securities		15,963		-		15,963		-
Marketable equity securities		3,921		3,921		-		-
Investment funds		1,792		1,792		-		-
Derivative assets		14,616		-		14,616		-
Financial Liabilities
Derivative liabilities		14,616		-		14,616		-
Nonrecurring fair value measurements
Financial Assets
Impaired loans	$	22,983	$	-	$	21,542	$	1,441	$	-
December 31, 2011
Recurring fair value measurements
Financial Assets
U.S. Government agencies	$	6,041	$	-	$	6,041	$	-
Obligations of states and political subdivisions		56,802		-		56,802		-
Mortgage-backed securities:
U.S. Government agencies		227,613		-		227,613		-
Private label		5,156		-		5,156		-
Trust preferred securities		45,157		-		43,175		1,982
Corporate securities		14,398		-		14,398		-
Marketable equity securities		3,853		3,853		-		-
Investment funds		1,763		1,763		-		-
Derivative assets		11,541		-		11,541		-
Financial Liabilities
Derivative liabilities		11,541		-		11,541		-
Nonrecurring fair value measurements
Financial Assets
Impaired loans	$	22,118	$	-	$	21,743	$	375	$	2,701

Schedule Of Reconciliation Of Investment Securities Available For Sale Measured At Fair Value On A Recurring Basis Level 3 Assets

		Nine months Ended September 30,
(In thousands)		2012		2011
Beginning balance	$	1,982	$	2,504
Impairment losses on investment securities		(576)		(355)
Included in other comprehensive income		940		158
Dispositions		-		(375)
Transfers into Level 3		-		-
Ending Balance	$	2,346	$	1,932

Schedule Of Level 2 Financial Assets And Liabilities Measured On A Recurring Basis

		Nine months Ended September 30,
		2012		2011
(In thousands)		Level 2		Level 2
Carrying value of impaired loans before allocations	$	14,933	$	18,329
Specific valuation allowance allocations		(1,955)		(4,532)
Fair value	$	12,978	$	13,797

Schedule Of OREO Measured And Reported At Fair Value

		Nine months Ended September 30,
(In thousands)		2012		2011
OREO remeasured at initial recognition:
Carrying value of foreclosed assets prior to remeasurement	$	3,088	$	4,411
Charge-offs recognized in the allowance for loan losses		(845)		(790)
Fair value	$	2,243	$	3,621
OREO remeasured subsequent to initial recognition:
Carrying value of foreclosed assets prior to remeasurement	$	2,804	$	944
Write-downs included in other non-interest expense		(877)		(186)
Fair value	$	1,927	$	758

Schedule Of Estimates Of Fair Value Of Financial Instruments

(In thousands)		Carrying Amount		Fair Value		Level 1		Level 2		Level 3
September 30, 2012
Assets:
Securities held-to-maturity	$	13,444	$	13,658	$	-	$	13,658	$	-
Net loans		2,066,246		2,107,167		-		-		2,107,167
Liabilities:
Time deposits		929,042		943,262		-		943,262		-
Long-term debt		16,495		16,465		-		16,465		-
December 31, 2011
Assets:
Securities held-to-maturity	$	23,458	$	23,423	$	-	$	23,423	$	-
Net loans		1,953,694		1,991,335		-		-		1,991,335
Liabilities:
Time deposits		885,596		898,972		-		898,972		-
Long-term debt		16,495		16,456		-		16,456		-