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Fair Value (Tables)
6 Months Ended
Jun. 30, 2012
Fair Value [Abstract]  
Carrying amounts and fair values of financial instruments
                                         
    Level in
Fair Value
Heirarchy
    June 30, 2012     December 31, 2011  
    Carrying
Amount
    Fair Value     Carrying
Amount
    Fair Value  

Cash and due from banks

    Level 1     $ 343,938     $ 343,938     $ 172,559     $ 172,559  

Cash equivalents

    Level 2       1,150       1,150       —         —    

Federal Reserve Bank, Federal Home Loan Bank and Other Stock

    N/A       2,376       N/A       2,536       N/A  

Investment securities held to maturity

    Level 2       8,095       8,920       9,315       10,161  

Investment securities available for sale

    Level 2/3  (1)      307,719       307,719       299,204       299,204  

Loans Held for Sale

    Level 2       7,500       7,500       —         —    

Loans, net of allowance

    Level 2       818,998       847,550       929,696       960,070  

Accrued interest and loan fees receivable

    Level 2       5,256       5,256       6,885       6,885  

Non-maturity Deposits

    Level 2       1,121,564       1,121,564       1,056,923       1,056,923  

Time Deposits

    Level 2       260,202       262,336       254,949       257,267  

Accrued interest payable

    Level 2       325       325       348       348  

 

(1) See table that follows for Level 2 and 3 components.
Other assets measured at fair value
                 
Fair Value Measurements Using  

Description

  June 30, 2012     Significant
Unobservable
Inputs

(Level 3)
 

Impaired loans

  $ 84,688     $ 84,688  

Other real estate owned

    2,172       2,172  

Mortgage servicing rights

    1,623       1,623  
   

 

 

   

 

 

 

Total

  $  88,483     $  88,483  
   

 

 

   

 

 

 

 

                 
Fair Value Measurements Using  

Description

  December 31,
2011
    Significant
Unobservable
Inputs
(Level 3)
 

Impaired loans

  $  118,613     $  118,613  

Other real estate owned

    1,800       1,800  

Mortgage servicing rights

    1,623       1,623  
   

 

 

   

 

 

 

Total

  $ 122,036     $ 122,036  
   

 

 

   

 

 

 
Valuation of financial instruments measured at fair value on recurring basis
                         
Fair Value Measurements Using  

Description

  June 30,
2012
    Significant
Other
Observable
Inputs
(Level 2)
    Significant
Observable
Inputs
(Level 3)
 

U.S. Government Agency Securities

  $ 5,034     $ 5,034     $ —    

Obligations of states and political subdivisions

    167,589       167,589       —    

Collateralized mortgage obligations

    110,814       103,389       7,425  

Mortgage-backed securities

    16,927       16,927       —    

Corporate Bonds

    7,355       7,355       —    
   

 

 

   

 

 

   

 

 

 

Total

  $ 307,719     $ 300,294     $ 7,425  
   

 

 

   

 

 

   

 

 

 
                         
Fair Value Measurements Using  

Description

  December 31, 2011     Significant Other
Observable
Inputs (Level 2)
    Significant
Observable Inputs
(Level 3)
 

Obligations of states and political subdivisions

  $  171,992     $  171,992     $ —    

Collateralized mortgage obligations

    126,770       118,776       7,994  

Mortgage-backed securities

    442       442       —    
   

 

 

   

 

 

   

 

 

 

Total

  $ 299,204     $ 291,210     $ 7,994