Document_And_Entity_Informatio
Document And Entity Information | 6 Months Ended | |
Jun. 30, 2014 | Aug. 01, 2014 | |
Document and Entity Information [Abstract] | ' | ' |
Document Type | '10-Q | ' |
Amendment Flag | 'false | ' |
Document Period End Date | 30-Jun-14 | ' |
Document Fiscal Year Focus | '2014 | ' |
Document Fiscal Period Focus | 'Q2 | ' |
Trading Symbol | 'GABC | ' |
Entity Common Stock, Shares Outstanding | ' | 13,210,395 |
Entity Registrant Name | 'GERMAN AMERICAN BANCORP, INC. | ' |
Entity Central Index Key | '0000714395 | ' |
Current Fiscal Year End Date | '--12-31 | ' |
Entity Filer Category | 'Accelerated Filer | ' |
CONSOLIDATED_BALANCE_SHEETS
CONSOLIDATED BALANCE SHEETS (USD $) | Jun. 30, 2014 | Dec. 31, 2013 |
In Thousands, except Share data, unless otherwise specified | ||
ASSETS | ' | ' |
Cash and Due from Banks | $40,391 | $37,370 |
Federal Funds Sold and Other Short-term Investments | 16,723 | 22,762 |
Cash and Cash Equivalents | 57,114 | 60,132 |
Interest-bearing Time Deposits with Banks | 100 | 100 |
Securities Available-for-Sale, at Fair Value | 615,392 | 606,032 |
Securities Held-to-Maturity, at Cost (Fair value of $186 and $271 on June 30, 2014 and December 31, 2013, respectively) | 184 | 268 |
Loans Held-for-Sale, at Fair Value | 8,812 | 9,265 |
Loans | 1,413,331 | 1,385,212 |
Less: Unearned Income | -3,846 | -2,830 |
Allowance for Loan Losses | -15,550 | -14,584 |
Loans, Net | 1,393,935 | 1,367,798 |
Stock in FHLB of Indianapolis and Other Restricted Stock, at Cost | 9,096 | 9,004 |
Premises, Furniture and Equipment, Net | 40,479 | 40,430 |
Other Real Estate | 935 | 1,029 |
Goodwill | 20,536 | 20,536 |
Intangible Assets | 2,655 | 3,328 |
Company Owned Life Insurance | 31,591 | 31,178 |
Accrued Interest Receivable and Other Assets | 12,744 | 14,727 |
TOTAL ASSETS | 2,193,573 | 2,163,827 |
LIABILITIES | ' | ' |
Non-interest-bearing Demand Deposits | 398,621 | 400,024 |
Interest-bearing Demand, Savings, and Money Market Accounts | 1,010,367 | 1,063,098 |
Time Deposits | 333,391 | 349,034 |
Total Deposits | 1,742,379 | 1,812,156 |
FHLB Advances and Other Borrowings | 225,546 | 140,770 |
Accrued Interest Payable and Other Liabilities | 11,310 | 10,804 |
TOTAL LIABILITIES | 1,979,235 | 1,963,730 |
SHAREHOLDERS’ EQUITY | ' | ' |
Preferred Stock, no par value; 500,000 shares authorized, no shares issued | 0 | 0 |
Common Stock, no par value, $1 stated value; 30,000,000 shares authorized | 13,210 | 13,174 |
Additional Paid-in Capital | 108,356 | 108,022 |
Retained Earnings | 92,934 | 84,164 |
Accumulated Other Comprehensive Loss | -162 | -5,263 |
TOTAL SHAREHOLDERS’ EQUITY | 214,338 | 200,097 |
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY | $2,193,573 | $2,163,827 |
End of period shares issued and outstanding (shares) | 13,210,395 | 13,173,793 |
CONSOLIDATED_BALANCE_SHEETS_Pa
CONSOLIDATED BALANCE SHEETS (Parenthetical) (USD $) | Jun. 30, 2014 | Dec. 31, 2013 |
In Thousands, except Share data, unless otherwise specified | ||
Statement of Financial Position [Abstract] | ' | ' |
Securities Held-to-Maturity, Fair value | $186 | $271 |
Preferred Stock, no par value (USD per share) | $0 | $0 |
Preferred Stock, shares authorized | 500,000 | 500,000 |
Preferred Stock, shares issued | 0 | 0 |
Common Stock, no par value (USD per share) | $0 | $0 |
Common Stock, stated value | $1 | $1 |
Common Stock, shares authorized | 30,000,000 | 30,000,000 |
CONSOLIDATED_STATEMENTS_OF_INC
CONSOLIDATED STATEMENTS OF INCOME (USD $) | 3 Months Ended | 6 Months Ended | ||
In Thousands, except Per Share data, unless otherwise specified | Jun. 30, 2014 | Jun. 30, 2013 | Jun. 30, 2014 | Jun. 30, 2013 |
INTEREST INCOME | ' | ' | ' | ' |
Interest and Fees on Loans | $16,142 | $15,035 | $32,086 | $29,920 |
Interest on Federal Funds Sold and Other Short-term Investments | 3 | 13 | 6 | 23 |
Interest and Dividends on Securities: | ' | ' | ' | ' |
Taxable | 2,654 | 2,771 | 5,413 | 5,612 |
Non-taxable | 1,026 | 639 | 2,001 | 1,273 |
TOTAL INTEREST INCOME | 19,825 | 18,458 | 39,506 | 36,828 |
INTEREST EXPENSE | ' | ' | ' | ' |
Interest on Deposits | 1,037 | 1,154 | 2,073 | 2,388 |
Interest on FHLB Advances and Other Borrowings | 467 | 592 | 916 | 1,503 |
TOTAL INTEREST EXPENSE | 1,504 | 1,746 | 2,989 | 3,891 |
NET INTEREST INCOME | 18,321 | 16,712 | 36,517 | 32,937 |
Provision for Loan Losses | 200 | -200 | 550 | 150 |
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES | 18,121 | 16,912 | 35,967 | 32,787 |
NON-INTEREST INCOME | ' | ' | ' | ' |
Trust and Investment Product Fees | 905 | 814 | 1,827 | 1,631 |
Service Charges on Deposit Accounts | 1,191 | 1,050 | 2,252 | 2,005 |
Insurance Revenues | 1,482 | 1,379 | 4,038 | 3,163 |
Company Owned Life Insurance | 192 | 217 | 393 | 483 |
Interchange Fee Income | 512 | 513 | 959 | 943 |
Other Operating Income | 590 | 861 | 980 | 1,152 |
Net Gains on Sales of Loans | 386 | 809 | 862 | 1,563 |
Net Gains on Securities | 244 | 467 | 472 | 1,080 |
TOTAL NON-INTEREST INCOME | 5,502 | 6,110 | 11,783 | 12,020 |
NON-INTEREST EXPENSE | ' | ' | ' | ' |
Salaries and Employee Benefits | 7,886 | 7,627 | 16,310 | 15,411 |
Occupancy Expense | 1,198 | 1,099 | 2,514 | 2,204 |
Furniture and Equipment Expense | 500 | 466 | 1,009 | 941 |
FDIC Premiums | 276 | 260 | 551 | 515 |
Data Processing Fees | 947 | 672 | 1,957 | 1,337 |
Professional Fees | 553 | 525 | 1,245 | 1,186 |
Advertising and Promotion | 544 | 516 | 1,022 | 1,006 |
Intangible Amortization | 325 | 348 | 673 | 715 |
Other Operating Expenses | 1,910 | 1,748 | 3,948 | 3,408 |
TOTAL NON-INTEREST EXPENSE | 14,139 | 13,261 | 29,229 | 26,723 |
Income before Income Taxes | 9,484 | 9,761 | 18,521 | 18,084 |
Income Tax Expense | 2,797 | 3,229 | 5,529 | 5,743 |
NET INCOME | $6,687 | $6,532 | $12,992 | $12,341 |
Basic Earnings Per Share (USD per share) | $0.51 | $0.52 | $0.98 | $0.98 |
Diluted Earnings Per Share (USD per share) | $0.51 | $0.52 | $0.98 | $0.97 |
Dividends Per Share (USD per share) | $0.16 | $0.15 | $0.32 | $0.30 |
CONSOLIDATED_STATEMENTS_OF_COM
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (USD $) | 3 Months Ended | 6 Months Ended | ||
In Thousands, unless otherwise specified | Jun. 30, 2014 | Jun. 30, 2013 | Jun. 30, 2014 | Jun. 30, 2013 |
Statement of Comprehensive Income [Abstract] | ' | ' | ' | ' |
NET INCOME | $6,687 | $6,532 | $12,992 | $12,341 |
Other Comprehensive Income (Loss): | ' | ' | ' | ' |
Unrealized Holding Gain (Loss) Arising During the Period | 4,647 | -14,462 | 8,380 | -17,297 |
Reclassification Adjustment for Losses (Gains) Included in Net Income | -244 | -467 | -472 | -1,080 |
Tax Effect | -1,566 | 5,275 | -2,807 | 6,487 |
Net of Tax | 2,837 | -9,654 | 5,101 | -11,890 |
Total Other Comprehensive Income (Loss) | 2,837 | -9,654 | 5,101 | -11,890 |
COMPREHENSIVE INCOME (LOSS) | $9,524 | ($3,122) | $18,093 | $451 |
CONSOLIDATED_STATEMENTS_OF_CAS
CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $) | 6 Months Ended | |
In Thousands, unless otherwise specified | Jun. 30, 2014 | Jun. 30, 2013 |
CASH FLOWS FROM OPERATING ACTIVITIES | ' | ' |
NET INCOME | $12,992 | $12,341 |
Adjustments to Reconcile Net Income to Net Cash from Operating Activities: | ' | ' |
Net Amortization on Securities | 976 | 1,731 |
Depreciation and Amortization | 2,422 | 2,224 |
Loans Originated for Sale | -43,022 | -99,547 |
Proceeds from Sales of Loans Held-for-Sale | 44,295 | 98,490 |
Provision for Loan Losses | 550 | 150 |
Gain on Sale of Loans, net | -862 | -1,563 |
Gain on Securities, net | -472 | -1,080 |
Loss on Sales of Other Real Estate and Repossessed Assets | 44 | 253 |
Gain on Disposition and Impairment of Premises and Equipment | 0 | -70 |
Increase in Cash Surrender Value of Company Owned Life Insurance | -413 | -478 |
Equity Based Compensation | 320 | 170 |
Change in Assets and Liabilities: | ' | ' |
Interest Receivable and Other Assets | -4,120 | 3,529 |
Interest Payable and Other Liabilities | 520 | -1,648 |
Net Cash from Operating Activities | 13,230 | 14,502 |
CASH FLOWS FROM INVESTING ACTIVITIES | ' | ' |
Proceeds from Maturity of Other Short-term Investments | 0 | 1,445 |
Proceeds from Maturities, Calls, Redemptions of Securities Available-for-Sale | 41,415 | 81,734 |
Proceeds from Sales of Securities Available-for-Sale | 7,237 | 100,721 |
Purchase of Securities Available-for-Sale | -47,284 | -180,647 |
Proceeds from Maturities of Securities Held-to-Maturity | 84 | 78 |
Proceeds from Redemption of Federal Home Loan Bank Stock | -92 | 0 |
Purchase of Loans | 0 | -712 |
Proceeds from Sales of Loans | 0 | 2,000 |
Loans Made to Customers, net of Payments Received | -27,673 | -40,420 |
Proceeds from Sales of Other Real Estate | 1,036 | 459 |
Property and Equipment Expenditures | -1,743 | -1,606 |
Proceeds from Sales of Property and Equipment | 0 | 88 |
Net Cash used in Investing Activities | -27,020 | -36,860 |
CASH FLOWS FROM FINANCING ACTIVITIES | ' | ' |
Change in Deposits | -69,757 | 986 |
Change in Short-term Borrowings | 64,453 | 35,371 |
Advances in Long-term Debt | 21,500 | 30,000 |
Repayments of Long-term Debt | -1,252 | -50,805 |
Issuance of Common Stock | 50 | 9 |
Dividends Paid | -4,222 | -3,795 |
Net Cash from Financing Activities | 10,772 | 11,766 |
Net Change in Cash and Cash Equivalents | -3,018 | -10,592 |
Cash and Cash Equivalents at Beginning of Year | 60,132 | 49,087 |
Cash and Cash Equivalents at End of Period | 57,114 | 38,495 |
Cash Paid During the Period for | ' | ' |
Interest | 2,980 | 4,349 |
Income Taxes | 1,769 | 6,609 |
Supplemental Non Cash Disclosures | ' | ' |
Loans Transferred to Other Real Estate | 986 | 626 |
Accounts Receivable Transferred to Securities | ($3,323) | ($45,803) |
Basis_of_Presentation
Basis of Presentation | 6 Months Ended |
Jun. 30, 2014 | |
Accounting Policies [Abstract] | ' |
Basis of Presentation | ' |
Basis of Presentation | |
German American Bancorp, Inc. operates primarily in the banking industry. The accounting and reporting policies of German American Bancorp, Inc. and its subsidiaries conform to U.S. generally accepted accounting principles. Certain information and footnote disclosures normally included in financial statements prepared in accordance with U.S. generally accepted accounting principles have been condensed or omitted. All adjustments which are, in the opinion of management, necessary for a fair presentation of the results for the periods reported have been included in the accompanying unaudited consolidated financial statements, and all such adjustments are of a normal recurring nature. It is suggested that these consolidated financial statements and notes be read in conjunction with the financial statements and notes thereto in the German American Bancorp, Inc. December 31, 2013 Annual Report on Form 10-K. |
Per_Share_Data
Per Share Data | 6 Months Ended | ||||||||
Jun. 30, 2014 | |||||||||
Earnings Per Share [Abstract] | ' | ||||||||
Per Share Data | ' | ||||||||
Per Share Data | |||||||||
The computations of Basic Earnings per Share and Diluted Earnings per Share are as follows: | |||||||||
Three Months Ended | |||||||||
June 30, | |||||||||
2014 | 2013 | ||||||||
Basic Earnings per Share: | |||||||||
Net Income | $ | 6,687 | $ | 6,532 | |||||
Weighted Average Shares Outstanding | 13,210,150 | 12,666,315 | |||||||
Basic Earnings per Share | $ | 0.51 | $ | 0.52 | |||||
Diluted Earnings per Share: | |||||||||
Net Income | $ | 6,687 | $ | 6,532 | |||||
Weighted Average Shares Outstanding | 13,210,150 | 12,666,315 | |||||||
Potentially Dilutive Shares, Net | 20,662 | 16,812 | |||||||
Diluted Weighted Average Shares Outstanding | 13,230,812 | 12,683,127 | |||||||
Diluted Earnings per Share | $ | 0.51 | $ | 0.52 | |||||
For the three months ended June 30, 2014 and 2013, there were no anti-dilutive shares. | |||||||||
The computations of Basic Earnings per Share and Diluted Earnings per Share are as follows: | |||||||||
Six Months Ended | |||||||||
June 30, | |||||||||
2014 | 2013 | ||||||||
Basic Earnings per Share: | |||||||||
Net Income | $ | 12,992 | $ | 12,341 | |||||
Weighted Average Shares Outstanding | 13,194,754 | 12,654,146 | |||||||
Basic Earnings per Share | $ | 0.98 | $ | 0.98 | |||||
Diluted Earnings per Share: | |||||||||
Net Income | $ | 12,992 | $ | 12,341 | |||||
Weighted Average Shares Outstanding | 13,194,754 | 12,654,146 | |||||||
Potentially Dilutive Shares, Net | 21,330 | 17,560 | |||||||
Diluted Weighted Average Shares Outstanding | 13,216,084 | 12,671,706 | |||||||
Diluted Earnings per Share | $ | 0.98 | $ | 0.97 | |||||
For the six months ended June 30, 2014 and 2013, there were no anti-dilutive shares. |
Securities
Securities | 6 Months Ended | ||||||||||||||||||||||||
Jun. 30, 2014 | |||||||||||||||||||||||||
Schedule of Investments [Abstract] | ' | ||||||||||||||||||||||||
Securities | ' | ||||||||||||||||||||||||
Securities | |||||||||||||||||||||||||
The amortized cost, unrealized gross gains and losses recognized in accumulated other comprehensive income (loss), and fair value of Securities Available-for-Sale at June 30, 2014 and December 31, 2013, were as follows: | |||||||||||||||||||||||||
Securities Available-for-Sale: | Amortized | Gross | Gross | Fair | |||||||||||||||||||||
Cost | Unrealized | Unrealized | Value | ||||||||||||||||||||||
Gains | Losses | ||||||||||||||||||||||||
30-Jun-14 | |||||||||||||||||||||||||
U.S. Treasury and Agency Securities | $ | 20,000 | $ | — | $ | (679 | ) | $ | 19,321 | ||||||||||||||||
Obligations of State and Political Subdivisions | 125,265 | 4,850 | (159 | ) | 129,956 | ||||||||||||||||||||
Mortgage-backed Securities - Residential | 469,919 | 3,733 | (7,890 | ) | 465,762 | ||||||||||||||||||||
Equity Securities | 353 | — | — | 353 | |||||||||||||||||||||
Total | $ | 615,537 | $ | 8,583 | $ | (8,728 | ) | $ | 615,392 | ||||||||||||||||
31-Dec-13 | |||||||||||||||||||||||||
U.S. Treasury and Agency Securities | $ | 20,000 | $ | — | $ | (1,048 | ) | $ | 18,952 | ||||||||||||||||
Obligations of State and Political Subdivisions | 112,008 | 2,388 | (899 | ) | 113,497 | ||||||||||||||||||||
Mortgage-backed Securities - Residential | 481,724 | 3,497 | (11,991 | ) | 473,230 | ||||||||||||||||||||
Equity Securities | 353 | — | — | 353 | |||||||||||||||||||||
Total | $ | 614,085 | $ | 5,885 | $ | (13,938 | ) | $ | 606,032 | ||||||||||||||||
Equity securities that do not have readily determinable fair values are included in the above totals, are carried at historical cost and are evaluated for impairment on a periodic basis. All mortgage-backed securities in the above table are residential mortgage-backed securities and guaranteed by government sponsored entities. | |||||||||||||||||||||||||
The carrying amount, unrecognized gains and losses and fair value of Securities Held-to-Maturity at June 30, 2014 and December 31, 2013, were as follows: | |||||||||||||||||||||||||
Securities Held-to-Maturity: | Carrying | Gross | Gross | Fair | |||||||||||||||||||||
Amount | Unrecognized | Unrecognized | Value | ||||||||||||||||||||||
Gains | Losses | ||||||||||||||||||||||||
30-Jun-14 | |||||||||||||||||||||||||
Obligations of State and Political Subdivisions | $ | 184 | $ | 2 | $ | — | $ | 186 | |||||||||||||||||
31-Dec-13 | |||||||||||||||||||||||||
Obligations of State and Political Subdivisions | $ | 268 | $ | 3 | $ | — | $ | 271 | |||||||||||||||||
The amortized cost and fair value of Securities at June 30, 2014 by contractual maturity are shown below. Expected maturities may differ from contractual maturities because some issuers have the right to call or prepay certain obligations with or without call or prepayment penalties. Mortgage-backed and Equity Securities are not due at a single maturity date and are shown separately. | |||||||||||||||||||||||||
Securities Available-for-Sale: | Amortized | Fair | |||||||||||||||||||||||
Cost | Value | ||||||||||||||||||||||||
Due in one year or less | $ | 3,685 | $ | 3,720 | |||||||||||||||||||||
Due after one year through five years | 20,649 | 20,574 | |||||||||||||||||||||||
Due after five years through ten years | 62,544 | 64,374 | |||||||||||||||||||||||
Due after ten years | 58,387 | 60,609 | |||||||||||||||||||||||
Mortgage-backed Securities - Residential | 469,919 | 465,762 | |||||||||||||||||||||||
Equity Securities | 353 | 353 | |||||||||||||||||||||||
Total | $ | 615,537 | $ | 615,392 | |||||||||||||||||||||
Securities Held-to-Maturity: | Carrying | Fair | |||||||||||||||||||||||
Amount | Value | ||||||||||||||||||||||||
Due in one year or less | $ | — | $ | — | |||||||||||||||||||||
Due after one year through five years | 184 | 186 | |||||||||||||||||||||||
Due after five years through ten years | — | — | |||||||||||||||||||||||
Due after ten years | — | — | |||||||||||||||||||||||
Total | $ | 184 | $ | 186 | |||||||||||||||||||||
Proceeds from the Sales of Securities are summarized below: | |||||||||||||||||||||||||
Three Months | Three Months | ||||||||||||||||||||||||
Ended | Ended | ||||||||||||||||||||||||
30-Jun-14 | 30-Jun-13 | ||||||||||||||||||||||||
Proceeds from Sales | $ | 6,983 | $ | 25,972 | |||||||||||||||||||||
Gross Gains on Sales | 244 | 467 | |||||||||||||||||||||||
Income Taxes on Gross Gains | 85 | 163 | |||||||||||||||||||||||
Six Months | Six Months | ||||||||||||||||||||||||
Ended | Ended | ||||||||||||||||||||||||
30-Jun-14 | 30-Jun-13 | ||||||||||||||||||||||||
Proceeds from Sales | $ | 7,237 | $ | 100,721 | |||||||||||||||||||||
Gross Gains on Sales | 472 | 1,080 | |||||||||||||||||||||||
Income Taxes on Gross Gains | 165 | 378 | |||||||||||||||||||||||
Below is a summary of securities with unrealized losses as of June 30, 2014 and December 31, 2013, presented by length of time the securities have been in a continuous unrealized loss position: | |||||||||||||||||||||||||
Less than 12 Months | 12 Months or More | Total | |||||||||||||||||||||||
30-Jun-14 | Fair | Unrealized | Fair | Unrealized | Fair | Unrealized | |||||||||||||||||||
Value | Loss | Value | Loss | Value | Loss | ||||||||||||||||||||
U.S. Treasury and Agency Securities | $ | — | $ | — | $ | 19,321 | $ | (679 | ) | $ | 19,321 | $ | (679 | ) | |||||||||||
Obligations of State and Political Subdivisions | 7,935 | (33 | ) | 4,835 | (126 | ) | 12,770 | (159 | ) | ||||||||||||||||
Mortgage-backed Securities - Residential | 80,549 | (762 | ) | 232,035 | (7,128 | ) | 312,584 | (7,890 | ) | ||||||||||||||||
Equity Securities | — | — | — | — | — | — | |||||||||||||||||||
Total | $ | 88,484 | $ | (795 | ) | $ | 256,191 | $ | (7,933 | ) | $ | 344,675 | $ | (8,728 | ) | ||||||||||
Less than 12 Months | 12 Months or More | Total | |||||||||||||||||||||||
31-Dec-13 | Fair | Unrealized | Fair | Unrealized | Fair | Unrealized | |||||||||||||||||||
Value | Loss | Value | Loss | Value | Loss | ||||||||||||||||||||
U.S. Treasury and Agency Securities | $ | 18,952 | $ | (1,048 | ) | $ | — | $ | — | $ | 18,952 | $ | (1,048 | ) | |||||||||||
Obligations of State and Political Subdivisions | 38,878 | (899 | ) | — | — | 38,878 | (899 | ) | |||||||||||||||||
Mortgage-backed Securities - Residential | 346,028 | (11,903 | ) | 1,735 | (88 | ) | 347,763 | (11,991 | ) | ||||||||||||||||
Equity Securities | — | — | — | — | — | — | |||||||||||||||||||
Total | $ | 403,858 | $ | (13,850 | ) | $ | 1,735 | $ | (88 | ) | $ | 405,593 | $ | (13,938 | ) | ||||||||||
Securities are written down to fair value when a decline in fair value is not considered temporary. In estimating other-than-temporary losses, management considers many factors, including: (1) the length of time and the extent to which the fair value has been less than cost, (2) the financial condition and near-term prospects of the issuer, (3) whether the market decline was affected by macroeconomic conditions, and (4) whether the Company has the intent to sell the debt security or more likely than not will be required to sell the debt security before its anticipated recovery. The Company doesn’t intend to sell or expect to be required to sell these securities, and the decline in fair value is largely due to changes in market interest rates, therefore, the Company does not consider these securities to be other-than-temporarily impaired. All mortgage-backed securities in the Company’s portfolio are guaranteed by government sponsored entities, are investment grade, and are performing as expected. |
Derivatives
Derivatives | 6 Months Ended | ||||||||||||||||
Jun. 30, 2014 | |||||||||||||||||
Derivative Instruments and Hedging Activities Disclosure [Abstract] | ' | ||||||||||||||||
Derivatives | ' | ||||||||||||||||
Derivatives | |||||||||||||||||
The Company executes interest rate swaps with commercial banking customers to facilitate their respective risk management strategies. The notional amounts of these interest rate swaps and the offsetting counterparty derivative instruments were $23.3 million at June 30, 2014 and $17.9 million at December 31, 2013. These interest rate swaps are simultaneously hedged by offsetting interest rate swaps that the Company executes with a third party, such that the Company minimizes its net risk exposure resulting from such transactions with approved, reputable, independent counterparties with substantially matching terms. The agreements are considered stand alone derivatives and changes in the fair value of derivatives are reported in earnings as non-interest income. | |||||||||||||||||
Credit risk arises from the possible inability of counterparties to meet the terms of their contracts. The Company’s exposure is limited to the replacement value of the contracts rather than the notional, principal or contract amounts. There are provisions in the agreements with the counterparties that allow for certain unsecured credit exposure up to an agreed threshold. Exposures in excess of the agreed thresholds are collateralized. In addition, the Company minimizes credit risk through credit approvals, limits, and monitoring procedures. | |||||||||||||||||
The following table reflects the fair value hedges included in the Consolidated Balance Sheets as of: | |||||||||||||||||
30-Jun-14 | 31-Dec-13 | ||||||||||||||||
Notional | Fair Value | Notional | Fair Value | ||||||||||||||
Amount | Amount | ||||||||||||||||
Included in Other Assets: | |||||||||||||||||
Interest Rate Swaps | $ | 23,335 | $ | 449 | $ | 17,853 | $ | 866 | |||||||||
Included in Other Liabilities: | |||||||||||||||||
Interest Rate Swaps | $ | 23,335 | $ | 388 | $ | 17,853 | $ | 737 | |||||||||
The following tables present the effect of derivative instruments on the Consolidated Statements of Income for the periods presented: | |||||||||||||||||
Three Months Ended | Six Months Ended | ||||||||||||||||
June 30, | June 30, | ||||||||||||||||
2014 | 2013 | 2014 | 2013 | ||||||||||||||
Interest Rate Swaps: | |||||||||||||||||
Included in Interest Income / (Expense) | $ | — | $ | — | $ | — | $ | — | |||||||||
Included in Other Income / (Expense) | 116 | 549 | 78 | 551 | |||||||||||||
Loans
Loans | 6 Months Ended | ||||||||||||||||||||||||||||||||
Jun. 30, 2014 | |||||||||||||||||||||||||||||||||
Receivables [Abstract] | ' | ||||||||||||||||||||||||||||||||
Loans | ' | ||||||||||||||||||||||||||||||||
Loans | |||||||||||||||||||||||||||||||||
Loans were comprised of the following classifications at June 30, 2014 and December 31, 2013: | |||||||||||||||||||||||||||||||||
June 30, | December 31, | ||||||||||||||||||||||||||||||||
2014 | 2013 | ||||||||||||||||||||||||||||||||
Commercial: | |||||||||||||||||||||||||||||||||
Commercial and Industrial Loans and Leases | $ | 366,101 | $ | 350,955 | |||||||||||||||||||||||||||||
Commercial Real Estate Loans | 594,681 | 582,066 | |||||||||||||||||||||||||||||||
Agricultural Loans | 188,155 | 192,880 | |||||||||||||||||||||||||||||||
Retail: | |||||||||||||||||||||||||||||||||
Home Equity Loans | 83,584 | 81,504 | |||||||||||||||||||||||||||||||
Consumer Loans | 46,706 | 49,124 | |||||||||||||||||||||||||||||||
Residential Mortgage Loans | 134,104 | 128,683 | |||||||||||||||||||||||||||||||
Subtotal | 1,413,331 | 1,385,212 | |||||||||||||||||||||||||||||||
Less: Unearned Income | (3,846 | ) | (2,830 | ) | |||||||||||||||||||||||||||||
Allowance for Loan Losses | (15,550 | ) | (14,584 | ) | |||||||||||||||||||||||||||||
Loans, Net | $ | 1,393,935 | $ | 1,367,798 | |||||||||||||||||||||||||||||
The following tables present the activity in the allowance for loan losses by portfolio class for the three months ending June 30, 2014 and 2013: | |||||||||||||||||||||||||||||||||
30-Jun-14 | Commercial and Industrial | Commercial Real Estate Loans | Agricultural Loans | Home Equity Loans | Consumer Loans | Residential Mortgage Loans | Unallocated | Total | |||||||||||||||||||||||||
Loans and Leases | |||||||||||||||||||||||||||||||||
Beginning Balance | $ | 5,374 | $ | 7,870 | $ | 930 | $ | 209 | $ | 186 | $ | 257 | $ | 658 | $ | 15,484 | |||||||||||||||||
Provision for Loan Losses | 365 | (695 | ) | 86 | 181 | 171 | 255 | (163 | ) | 200 | |||||||||||||||||||||||
Recoveries | 9 | 27 | — | 42 | 39 | 4 | — | 121 | |||||||||||||||||||||||||
Loans Charged-off | (87 | ) | (3 | ) | — | (14 | ) | (70 | ) | (81 | ) | — | (255 | ) | |||||||||||||||||||
Ending Balance | $ | 5,661 | $ | 7,199 | $ | 1,016 | $ | 418 | $ | 326 | $ | 435 | $ | 495 | $ | 15,550 | |||||||||||||||||
30-Jun-13 | Commercial and Industrial | Commercial Real Estate Loans | Agricultural Loans | Home Equity Loans | Consumer Loans | Residential Mortgage Loans | Unallocated | Total | |||||||||||||||||||||||||
Loans and Leases | |||||||||||||||||||||||||||||||||
Beginning Balance | $ | 4,753 | $ | 8,879 | $ | 766 | $ | 118 | $ | 189 | $ | 300 | $ | 729 | $ | 15,734 | |||||||||||||||||
Provision for Loan Losses | (452 | ) | (53 | ) | 51 | 196 | 43 | (16 | ) | 31 | (200 | ) | |||||||||||||||||||||
Recoveries | 10 | 27 | — | — | 16 | 1 | — | 54 | |||||||||||||||||||||||||
Loans Charged-off | (53 | ) | (217 | ) | — | (1 | ) | (49 | ) | (5 | ) | — | (325 | ) | |||||||||||||||||||
Ending Balance | $ | 4,258 | $ | 8,636 | $ | 817 | $ | 313 | $ | 199 | $ | 280 | $ | 760 | $ | 15,263 | |||||||||||||||||
The following tables present the activity in the allowance for loan losses by portfolio class for the six months ending June 30, 2014 and 2013: | |||||||||||||||||||||||||||||||||
30-Jun-14 | Commercial and Industrial | Commercial Real Estate Loans | Agricultural Loans | Home Equity Loans | Consumer Loans | Residential Mortgage Loans | Unallocated | Total | |||||||||||||||||||||||||
Loans and Leases | |||||||||||||||||||||||||||||||||
Beginning Balance | $ | 3,983 | $ | 8,335 | $ | 946 | $ | 239 | $ | 188 | $ | 281 | $ | 612 | $ | 14,584 | |||||||||||||||||
Provision for Loan Losses | 1,687 | (1,752 | ) | 70 | 181 | 219 | 262 | (117 | ) | 550 | |||||||||||||||||||||||
Recoveries | 78 | 730 | — | 42 | 86 | 8 | — | 944 | |||||||||||||||||||||||||
Loans Charged-off | (87 | ) | (114 | ) | — | (44 | ) | (167 | ) | (116 | ) | — | (528 | ) | |||||||||||||||||||
Ending Balance | $ | 5,661 | $ | 7,199 | $ | 1,016 | $ | 418 | $ | 326 | $ | 435 | $ | 495 | $ | 15,550 | |||||||||||||||||
30-Jun-13 | Commercial and Industrial | Commercial Real Estate Loans | Agricultural Loans | Home Equity Loans | Consumer Loans | Residential Mortgage Loans | Unallocated | Total | |||||||||||||||||||||||||
Loans and Leases | |||||||||||||||||||||||||||||||||
Beginning Balance | $ | 4,555 | $ | 8,931 | $ | 989 | $ | 141 | $ | 214 | $ | 186 | $ | 504 | $ | 15,520 | |||||||||||||||||
Provision for Loan Losses | (257 | ) | (47 | ) | (172 | ) | 237 | 36 | 97 | 256 | 150 | ||||||||||||||||||||||
Recoveries | 13 | 78 | — | — | 71 | 3 | — | 165 | |||||||||||||||||||||||||
Loans Charged-off | (53 | ) | (326 | ) | — | (65 | ) | (122 | ) | (6 | ) | — | (572 | ) | |||||||||||||||||||
Ending Balance | $ | 4,258 | $ | 8,636 | $ | 817 | $ | 313 | $ | 199 | $ | 280 | $ | 760 | $ | 15,263 | |||||||||||||||||
In determining the adequacy of the allowance for loan loss, general allocations are made for other pools of loans, including non-classified loans, homogeneous portfolios of consumer and residential real estate loans, and loans within certain industry categories believed to present unique risk of loss. General allocations of the allowance are primarily made based on a three-year historical average for loan losses for these portfolios, judgmentally adjusted for current economic factors and portfolio trends. | |||||||||||||||||||||||||||||||||
Loan impairment is reported when full repayment under the terms of the loan is not expected. This methodology is used for all loans, including loans acquired with deteriorated credit quality. For purchased loans, the assessment is made at the time of acquisition as well as over the life of loan. If a loan is impaired, a portion of the allowance is allocated so that the loan is reported net, at the present value of estimated future cash flows using the loan’s existing rate, or at the fair value of collateral if repayment is expected solely from the collateral. Commercial and industrial loans, commercial real estate loans, and agricultural loans are evaluated individually for impairment. Smaller balance homogeneous loans are evaluated for impairment in total. Such loans include real estate loans secured by one-to-four family residences and loans to individuals for household, family and other personal expenditures. Individually evaluated loans on non-accrual are generally considered impaired. Impaired loans, or portions thereof, are charged off when deemed uncollectible. | |||||||||||||||||||||||||||||||||
The following tables present the balance in the allowance for loan losses and the recorded investment in loans by portfolio class and based on impairment method as of June 30, 2014 and December 31, 2013: | |||||||||||||||||||||||||||||||||
30-Jun-14 | Total | Commercial and Industrial | Commercial Real Estate Loans | Agricultural Loans | Home Equity Loans | Consumer Loans | Residential Mortgage Loans | Unallocated | |||||||||||||||||||||||||
Loans and Leases | |||||||||||||||||||||||||||||||||
Allowance for Loan Losses: | |||||||||||||||||||||||||||||||||
Ending Allowance Balance Attributable to Loans: | |||||||||||||||||||||||||||||||||
Individually Evaluated for Impairment | $ | 1,549 | $ | 213 | $ | 1,336 | $ | — | $ | — | $ | — | $ | — | $ | — | |||||||||||||||||
Collectively Evaluated for Impairment | 13,995 | 5,448 | 5,857 | 1,016 | 418 | 326 | 435 | 495 | |||||||||||||||||||||||||
Acquired with Deteriorated Credit Quality | 6 | — | 6 | — | — | — | — | — | |||||||||||||||||||||||||
Total Ending Allowance Balance | $ | 15,550 | $ | 5,661 | $ | 7,199 | $ | 1,016 | $ | 418 | $ | 326 | $ | 435 | $ | 495 | |||||||||||||||||
Loans: | |||||||||||||||||||||||||||||||||
Loans Individually Evaluated for Impairment | $ | 7,108 | $ | 2,245 | $ | 4,863 | $ | — | $ | — | $ | — | $ | — | $ | — | |||||||||||||||||
Loans Collectively Evaluated for Impairment | 1,399,929 | 364,083 | 581,919 | 190,368 | 83,888 | 46,708 | 132,963 | — | |||||||||||||||||||||||||
Loans Acquired with Deteriorated Credit Quality | 11,552 | 591 | 9,332 | — | — | 126 | 1,503 | — | |||||||||||||||||||||||||
Total Ending Loans Balance(1) | $ | 1,418,589 | $ | 366,919 | $ | 596,114 | $ | 190,368 | $ | 83,888 | $ | 46,834 | $ | 134,466 | $ | — | |||||||||||||||||
(1)Total recorded investment in loans includes $5,258 in accrued interest. | |||||||||||||||||||||||||||||||||
31-Dec-13 | Total | Commercial and Industrial | Commercial Real Estate Loans | Agricultural Loans | Home Equity Loans | Consumer Loans | Residential Mortgage Loans | Unallocated | |||||||||||||||||||||||||
Loans and Leases | |||||||||||||||||||||||||||||||||
Allowance for Loan Losses: | |||||||||||||||||||||||||||||||||
Ending Allowance Balance Attributable to Loans: | |||||||||||||||||||||||||||||||||
Individually Evaluated for Impairment | $ | 3,095 | $ | 45 | $ | 3,050 | $ | — | $ | — | $ | — | $ | — | $ | — | |||||||||||||||||
Collectively Evaluated for Impairment | 11,481 | 3,938 | 5,277 | 946 | 239 | 188 | 281 | 612 | |||||||||||||||||||||||||
Acquired with Deteriorated Credit Quality | 8 | — | 8 | — | — | — | — | — | |||||||||||||||||||||||||
Total Ending Allowance Balance | $ | 14,584 | $ | 3,983 | $ | 8,335 | $ | 946 | $ | 239 | $ | 188 | $ | 281 | $ | 612 | |||||||||||||||||
Loans: | |||||||||||||||||||||||||||||||||
Loans Individually Evaluated for Impairment | $ | 8,458 | $ | 2,114 | $ | 6,344 | $ | — | $ | — | $ | — | $ | — | $ | — | |||||||||||||||||
Loans Collectively Evaluated for Impairment | 1,367,591 | 347,808 | 566,389 | 195,171 | 81,812 | 49,131 | 127,280 | — | |||||||||||||||||||||||||
Loans Acquired with Deteriorated Credit Quality | 14,753 | 1,981 | 10,871 | — | — | 134 | 1,767 | — | |||||||||||||||||||||||||
Total Ending Loans Balance(1) | $ | 1,390,802 | $ | 351,903 | $ | 583,604 | $ | 195,171 | $ | 81,812 | $ | 49,265 | $ | 129,047 | $ | — | |||||||||||||||||
(1)Total recorded investment in loans includes $5,590 in accrued interest. | |||||||||||||||||||||||||||||||||
The following tables present loans individually evaluated for impairment by class of loans as of June 30, 2014 and December 31, 2013: | |||||||||||||||||||||||||||||||||
30-Jun-14 | Unpaid Principal Balance(1) | Recorded Investment | Allowance for Loan Losses Allocated | ||||||||||||||||||||||||||||||
With No Related Allowance Recorded: | |||||||||||||||||||||||||||||||||
Commercial and Industrial Loans and Leases | $ | 2,043 | $ | 2,032 | $ | — | |||||||||||||||||||||||||||
Commercial Real Estate Loans | 3,843 | 2,843 | — | ||||||||||||||||||||||||||||||
Agricultural Loans | — | — | — | ||||||||||||||||||||||||||||||
Subtotal | 5,886 | 4,875 | — | ||||||||||||||||||||||||||||||
With An Allowance Recorded: | |||||||||||||||||||||||||||||||||
Commercial and Industrial Loans and Leases | 216 | 215 | 213 | ||||||||||||||||||||||||||||||
Commercial Real Estate Loans | 2,711 | 2,557 | 1,342 | ||||||||||||||||||||||||||||||
Agricultural Loans | — | — | — | ||||||||||||||||||||||||||||||
Subtotal | 2,927 | 2,772 | 1,555 | ||||||||||||||||||||||||||||||
Total | $ | 8,813 | $ | 7,647 | $ | 1,555 | |||||||||||||||||||||||||||
Loans Acquired With Deteriorated Credit Quality With No Related Allowance Recorded (Included in the Total Above) | $ | 1,355 | $ | 532 | $ | — | |||||||||||||||||||||||||||
Loans Acquired With Deteriorated Credit Quality With An Additional Allowance Recorded (Included in the Total Above) | $ | 31 | $ | 7 | $ | 6 | |||||||||||||||||||||||||||
(1) Unpaid Principal Balance is the remaining contractual payments inclusive of partial charge-offs. | |||||||||||||||||||||||||||||||||
31-Dec-13 | Unpaid Principal Balance(1) | Recorded Investment | Allowance for Loan Losses Allocated | ||||||||||||||||||||||||||||||
With No Related Allowance Recorded: | |||||||||||||||||||||||||||||||||
Commercial and Industrial Loans and Leases | $ | 2,163 | $ | 2,072 | $ | — | |||||||||||||||||||||||||||
Commercial Real Estate Loans | 4,710 | 2,383 | — | ||||||||||||||||||||||||||||||
Agricultural Loans | — | — | — | ||||||||||||||||||||||||||||||
Subtotal | 6,873 | 4,455 | — | ||||||||||||||||||||||||||||||
With An Allowance Recorded: | |||||||||||||||||||||||||||||||||
Commercial and Industrial Loans and Leases | 45 | 45 | 45 | ||||||||||||||||||||||||||||||
Commercial Real Estate Loans | 4,428 | 4,417 | 3,058 | ||||||||||||||||||||||||||||||
Agricultural Loans | — | — | — | ||||||||||||||||||||||||||||||
Subtotal | 4,473 | 4,462 | 3,103 | ||||||||||||||||||||||||||||||
Total | $ | 11,346 | $ | 8,917 | $ | 3,103 | |||||||||||||||||||||||||||
Loans Acquired With Deteriorated Credit Quality With No Related Allowance Recorded (Included in the Total Above) | $ | 987 | $ | 451 | $ | — | |||||||||||||||||||||||||||
Loans Acquired With Deteriorated Credit Quality With An Additional Allowance Recorded (Included in the Total Above) | $ | 33 | $ | 8 | $ | 8 | |||||||||||||||||||||||||||
(1) Unpaid Principal Balance is the remaining contractual payments inclusive of partial charge-offs. | |||||||||||||||||||||||||||||||||
The following tables present loans individually evaluated for impairment by class of loans for the three month period ended June 30, 2014 and 2013: | |||||||||||||||||||||||||||||||||
30-Jun-14 | Average Recorded Investment | Interest Income Recognized | Cash Basis Recognized | ||||||||||||||||||||||||||||||
With No Related Allowance Recorded: | |||||||||||||||||||||||||||||||||
Commercial and Industrial Loans and Leases | $ | 2,176 | $ | 45 | $ | 45 | |||||||||||||||||||||||||||
Commercial Real Estate Loans | 3,326 | 53 | 46 | ||||||||||||||||||||||||||||||
Agricultural Loans | — | — | — | ||||||||||||||||||||||||||||||
Subtotal | 5,502 | 98 | 91 | ||||||||||||||||||||||||||||||
With An Allowance Recorded: | |||||||||||||||||||||||||||||||||
Commercial and Industrial Loans and Leases | 219 | 1 | 1 | ||||||||||||||||||||||||||||||
Commercial Real Estate Loans | 2,588 | 6 | 5 | ||||||||||||||||||||||||||||||
Agricultural Loans | — | — | — | ||||||||||||||||||||||||||||||
Subtotal | 2,807 | 7 | 6 | ||||||||||||||||||||||||||||||
Total | $ | 8,309 | $ | 105 | $ | 97 | |||||||||||||||||||||||||||
Loans Acquired With Deteriorated Credit Quality With No Related Allowance Recorded (Included in the Total Above) | $ | 950 | $ | 1 | $ | 1 | |||||||||||||||||||||||||||
Loans Acquired With Deteriorated Credit Quality With An Additional Allowance Recorded (Included in the Total Above) | $ | 32 | $ | — | $ | — | |||||||||||||||||||||||||||
30-Jun-13 | Average Recorded Investment | Interest Income Recognized | Cash Basis Recognized | ||||||||||||||||||||||||||||||
With No Related Allowance Recorded: | |||||||||||||||||||||||||||||||||
Commercial and Industrial Loans and Leases | $ | 1,993 | $ | — | $ | — | |||||||||||||||||||||||||||
Commercial Real Estate Loans | 2,196 | — | — | ||||||||||||||||||||||||||||||
Agricultural Loans | 2,041 | 127 | 168 | ||||||||||||||||||||||||||||||
Subtotal | 6,230 | 127 | 168 | ||||||||||||||||||||||||||||||
With An Allowance Recorded: | |||||||||||||||||||||||||||||||||
Commercial and Industrial Loans and Leases | 522 | 1 | 1 | ||||||||||||||||||||||||||||||
Commercial Real Estate Loans | 6,276 | 6 | 4 | ||||||||||||||||||||||||||||||
Agricultural Loans | — | — | — | ||||||||||||||||||||||||||||||
Subtotal | 6,798 | 7 | 5 | ||||||||||||||||||||||||||||||
Total | $ | 13,028 | $ | 134 | $ | 173 | |||||||||||||||||||||||||||
Loans Acquired With Deteriorated Credit Quality With No Related Allowance Recorded (Included in the Total Above) | $ | 80 | $ | — | $ | — | |||||||||||||||||||||||||||
Loans Acquired With Deteriorated Credit Quality With An Additional Allowance Recorded (Included in the Total Above) | $ | 363 | $ | 1 | $ | 1 | |||||||||||||||||||||||||||
The following tables present loans individually evaluated for impairment by class of loans for the six month period ended June 30, 2014 and 2013: | |||||||||||||||||||||||||||||||||
30-Jun-14 | Average Recorded Investment | Interest Income Recognized | Cash Basis Recognized | ||||||||||||||||||||||||||||||
With No Related Allowance Recorded: | |||||||||||||||||||||||||||||||||
Commercial and Industrial Loans and Leases | $ | 2,156 | $ | 76 | $ | 77 | |||||||||||||||||||||||||||
Commercial Real Estate Loans | 2,879 | 55 | 48 | ||||||||||||||||||||||||||||||
Agricultural Loans | — | — | — | ||||||||||||||||||||||||||||||
Subtotal | 5,035 | 131 | 125 | ||||||||||||||||||||||||||||||
With An Allowance Recorded: | |||||||||||||||||||||||||||||||||
Commercial and Industrial Loans and Leases | 2,295 | 1 | 1 | ||||||||||||||||||||||||||||||
Commercial Real Estate Loans | 3,416 | 11 | 10 | ||||||||||||||||||||||||||||||
Agricultural Loans | — | — | — | ||||||||||||||||||||||||||||||
Subtotal | 5,711 | 12 | 11 | ||||||||||||||||||||||||||||||
Total | $ | 10,746 | $ | 143 | $ | 136 | |||||||||||||||||||||||||||
Loans Acquired With Deteriorated Credit Quality With No Related Allowance Recorded (Included in the Total Above) | $ | 974 | $ | 3 | $ | 3 | |||||||||||||||||||||||||||
Loans Acquired With Deteriorated Credit Quality With An Additional Allowance Recorded (Included in the Total Above) | $ | 32 | $ | 1 | $ | 1 | |||||||||||||||||||||||||||
30-Jun-13 | Average Recorded Investment | Interest Income Recognized | Cash Basis Recognized | ||||||||||||||||||||||||||||||
With No Related Allowance Recorded: | |||||||||||||||||||||||||||||||||
Commercial and Industrial Loans and Leases | $ | 1,052 | $ | — | $ | 1 | |||||||||||||||||||||||||||
Commercial Real Estate Loans | 2,183 | — | — | ||||||||||||||||||||||||||||||
Agricultural Loans | 2,231 | 175 | 184 | ||||||||||||||||||||||||||||||
Subtotal | 5,466 | 175 | 185 | ||||||||||||||||||||||||||||||
With An Allowance Recorded: | |||||||||||||||||||||||||||||||||
Commercial and Industrial Loans and Leases | 1,528 | 2 | 2 | ||||||||||||||||||||||||||||||
Commercial Real Estate Loans | 6,042 | 11 | 9 | ||||||||||||||||||||||||||||||
Agricultural Loans | — | — | — | ||||||||||||||||||||||||||||||
Subtotal | 7,570 | 13 | 11 | ||||||||||||||||||||||||||||||
Total | $ | 13,036 | $ | 188 | $ | 196 | |||||||||||||||||||||||||||
Loans Acquired With Deteriorated Credit Quality With No Related Allowance Recorded (Included in the Total Above) | $ | 55 | $ | — | $ | — | |||||||||||||||||||||||||||
Loans Acquired With Deteriorated Credit Quality With An Additional Allowance Recorded (Included in the Total Above) | $ | 314 | $ | 1 | $ | 1 | |||||||||||||||||||||||||||
All classes of loans, including loans acquired with deteriorated credit quality, are generally placed on non-accrual status when scheduled principal or interest payments are past due for 90 days or more or when the borrower’s ability to repay becomes doubtful. For purchased loans, the determination is made at the time of acquisition as well as over the life of the loan. Uncollected accrued interest for each class of loans is reversed against income at the time a loan is placed on non-accrual. Interest received on such loans is accounted for on the cash-basis or cost-recovery method, until qualifying for return to accrual. All classes of loans are returned to accrual status when all the principal and interest amounts contractually due are brought current and future payments are reasonably assured. Loans are typically charged-off at 180 days past due, or earlier if deemed uncollectible. Exceptions to the non-accrual and charge-off policies are made when the loan is well secured and in the process of collection. | |||||||||||||||||||||||||||||||||
The following table presents the recorded investment in non-accrual loans and loans past due 90 days or more still on accrual by class of loans as of June 30, 2014 and December 31, 2013: | |||||||||||||||||||||||||||||||||
Non-Accrual | Loans Past Due 90 Days | ||||||||||||||||||||||||||||||||
or More & Still Accruing | |||||||||||||||||||||||||||||||||
2014 | 2013 | 2014 | 2013 | ||||||||||||||||||||||||||||||
Commercial and Industrial Loans and Leases | $ | 286 | $ | 31 | $ | 67 | $ | — | |||||||||||||||||||||||||
Commercial Real Estate Loans | 3,720 | 6,658 | — | 8 | |||||||||||||||||||||||||||||
Agricultural Loans | — | — | — | — | |||||||||||||||||||||||||||||
Home Equity Loans | 328 | 114 | — | — | |||||||||||||||||||||||||||||
Consumer Loans | 212 | 236 | — | — | |||||||||||||||||||||||||||||
Residential Mortgage Loans | 1,356 | 1,339 | — | — | |||||||||||||||||||||||||||||
Total | $ | 5,902 | $ | 8,378 | $ | 67 | $ | 8 | |||||||||||||||||||||||||
Loans Acquired With Deteriorated Credit Quality (Included in the Total Above) | $ | 1,346 | $ | 1,705 | $ | — | $ | — | |||||||||||||||||||||||||
The following table presents the aging of the recorded investment in past due loans by class of loans as of June 30, 2014 and December 31, 2013: | |||||||||||||||||||||||||||||||||
30-Jun-14 | Total | 30-59 Days Past Due | 60-89 Days Past Due | 90 Days or More Past Due | Total Past Due | Loans Not Past Due | |||||||||||||||||||||||||||
Commercial and Industrial Loans and Leases | $ | 366,919 | $ | 415 | $ | 46 | $ | 143 | $ | 604 | $ | 366,315 | |||||||||||||||||||||
Commercial Real Estate Loans | 596,114 | 324 | 30 | 1,104 | 1,458 | 594,656 | |||||||||||||||||||||||||||
Agricultural Loans | 190,368 | 266 | — | — | 266 | 190,102 | |||||||||||||||||||||||||||
Home Equity Loans | 83,888 | 454 | 191 | 328 | 973 | 82,915 | |||||||||||||||||||||||||||
Consumer Loans | 46,834 | 191 | 45 | 84 | 320 | 46,514 | |||||||||||||||||||||||||||
Residential Mortgage Loans | 134,466 | 1,886 | 1,159 | 1,147 | 4,192 | 130,274 | |||||||||||||||||||||||||||
Total(1) | $ | 1,418,589 | $ | 3,536 | $ | 1,471 | $ | 2,806 | $ | 7,813 | $ | 1,410,776 | |||||||||||||||||||||
Loans Acquired With Deteriorated Credit Quality (Included in the Total Above) | $ | 11,552 | $ | 146 | $ | — | $ | 744 | $ | 890 | $ | 10,662 | |||||||||||||||||||||
(1)Total recorded investment in loans includes $5,258 in accrued interest. | |||||||||||||||||||||||||||||||||
31-Dec-13 | Total | 30-59 Days Past Due | 60-89 Days Past Due | 90 Days or More Past Due | Total Past Due | Loans Not Past Due | |||||||||||||||||||||||||||
Commercial and Industrial Loans and Leases | $ | 351,903 | $ | 256 | $ | 78 | $ | — | $ | 334 | $ | 351,569 | |||||||||||||||||||||
Commercial Real Estate Loans | 583,604 | 613 | 62 | 2,234 | 2,909 | 580,695 | |||||||||||||||||||||||||||
Agricultural Loans | 195,171 | 62 | — | — | 62 | 195,109 | |||||||||||||||||||||||||||
Home Equity Loans | 81,812 | 303 | 33 | 114 | 450 | 81,362 | |||||||||||||||||||||||||||
Consumer Loans | 49,265 | 149 | 66 | 102 | 317 | 48,948 | |||||||||||||||||||||||||||
Residential Mortgage Loans | 129,047 | 2,206 | 192 | 1,115 | 3,513 | 125,534 | |||||||||||||||||||||||||||
Total(1) | $ | 1,390,802 | $ | 3,589 | $ | 431 | $ | 3,565 | $ | 7,585 | $ | 1,383,217 | |||||||||||||||||||||
Loans Acquired With Deteriorated Credit Quality (Included in the Total Above) | $ | 14,753 | $ | 148 | $ | — | $ | 1,103 | $ | 1,251 | $ | 13,502 | |||||||||||||||||||||
(1)Total recorded investment in loans includes $5,590 in accrued interest. | |||||||||||||||||||||||||||||||||
Troubled Debt Restructurings: | |||||||||||||||||||||||||||||||||
In certain instances, the Company may choose to restructure the contractual terms of loans. A troubled debt restructuring occurs when the Bank grants a concession to the borrower that it would not otherwise consider due to a borrower’s financial difficulty. In order to determine whether a borrower is experiencing financial difficulty, an evaluation is performed of the probability that the borrower will be in payment default on any of its debt in the foreseeable future without modification. This evaluation is performed under the Company’s internal underwriting policy. The Company uses the same methodology for loans acquired with deteriorated credit quality as for all other loans when determining whether the loan is a troubled debt restructuring. | |||||||||||||||||||||||||||||||||
During the three months ended June 30, 2014, there were no troubled debt restructurings. During the three months ended June 30, 2013, there was one loan modified as a troubled debt restructuring. There were no troubled debt restructurings for the three months ended June 30, 2014 and the year ended December 31, 2013 for loans acquired with deteriorated credit quality at the time of acquisition. | |||||||||||||||||||||||||||||||||
During the six months ended June 30, 2014, there was one loan modified as troubled debt restructurings. The modification of the terms of these loans included a permanent reduction of the recorded investment in the loan. During the six months ended June 30 2013, there was one loan modified as a troubled debt restructuring. There were no troubled debt restructurings for the six months ended June 30, 2014 and the year ended December 31, 2013 for loans acquired with deteriorated credit quality at the time of acquisition. | |||||||||||||||||||||||||||||||||
The following tables present the recorded investment of troubled debt restructurings by class of loans as of June 30, 2014 and December 31, 2013: | |||||||||||||||||||||||||||||||||
30-Jun-14 | Total | Performing | Non-Accrual(1) | ||||||||||||||||||||||||||||||
Commercial and Industrial Loans and Leases | $ | 1,970 | $ | 1,961 | $ | 9 | |||||||||||||||||||||||||||
Commercial Real Estate Loans | 3,694 | 1,674 | 2,020 | ||||||||||||||||||||||||||||||
Total | $ | 5,664 | $ | 3,635 | $ | 2,029 | |||||||||||||||||||||||||||
31-Dec-13 | Total | Performing | Non-Accrual(1) | ||||||||||||||||||||||||||||||
Commercial and Industrial Loans and Leases | $ | 2,092 | $ | 2,086 | $ | 6 | |||||||||||||||||||||||||||
Commercial Real Estate Loans | 4,325 | 364 | 3,961 | ||||||||||||||||||||||||||||||
Total | $ | 6,417 | $ | 2,450 | $ | 3,967 | |||||||||||||||||||||||||||
(1)The non-accrual troubled debt restructurings are included in the Non-Accrual Loan table presented on previous page. | |||||||||||||||||||||||||||||||||
The Company had not committed to lending any additional amounts as of June 30, 2014 to customers with outstanding loans that are classified as troubled debt restructurings. The Company had committed to lending an additional amount of $40 as of December 31, 2013 to customers with outstanding loans that are classified as troubled debt restructurings. | |||||||||||||||||||||||||||||||||
The following tables present loans by class modified as troubled debt restructurings that occurred during the three months ending June 30, 2014 and 2013: | |||||||||||||||||||||||||||||||||
30-Jun-14 | Number of Loans | Pre-Modification Outstanding Recorded Investment | Post-Modification Outstanding Recorded Investment | ||||||||||||||||||||||||||||||
Commercial and Industrial Loans and Leases | — | $ | — | $ | — | ||||||||||||||||||||||||||||
Commercial Real Estate Loans | — | — | — | ||||||||||||||||||||||||||||||
Total | — | $ | — | $ | — | ||||||||||||||||||||||||||||
The troubled debt restructurings described above increased the allowance for loan losses by $0 and resulted in charge-offs of $0 during the three months ending June 30, 2014. | |||||||||||||||||||||||||||||||||
30-Jun-13 | Number of Loans | Pre-Modification Outstanding Recorded Investment | Post-Modification Outstanding Recorded Investment | ||||||||||||||||||||||||||||||
Commercial and Industrial Loans and Leases | — | $ | — | $ | — | ||||||||||||||||||||||||||||
Commercial Real Estate Loans | 1 | 81 | 118 | ||||||||||||||||||||||||||||||
Total | 1 | $ | 81 | $ | 118 | ||||||||||||||||||||||||||||
The troubled debt restructurings described above decreased the allowance for loan losses by $210 and resulted in charge-offs of $0 during the three months ending June 30, 2013. | |||||||||||||||||||||||||||||||||
The following tables present loans by class modified as troubled debt restructurings that occurred during the six months ending June 30, 2014 and 2013: | |||||||||||||||||||||||||||||||||
30-Jun-14 | Number of Loans | Pre-Modification Outstanding Recorded Investment | Post-Modification Outstanding Recorded Investment | ||||||||||||||||||||||||||||||
Commercial and Industrial Loans and Leases | — | $ | — | $ | — | ||||||||||||||||||||||||||||
Commercial Real Estate Loans | 1 | 197 | 197 | ||||||||||||||||||||||||||||||
Total | 1 | $ | 197 | $ | 197 | ||||||||||||||||||||||||||||
The troubled debt restructurings described above increased the allowance for loan losses by $0 and resulted in charge-offs of $0 during the six months ending June 30, 2014. | |||||||||||||||||||||||||||||||||
30-Jun-13 | Number of Loans | Pre-Modification Outstanding Recorded Investment | Post-Modification Outstanding Recorded Investment | ||||||||||||||||||||||||||||||
Commercial and Industrial Loans and Leases | — | $ | — | $ | — | ||||||||||||||||||||||||||||
Commercial Real Estate Loans | 1 | 81 | 118 | ||||||||||||||||||||||||||||||
Total | 1 | $ | 81 | $ | 118 | ||||||||||||||||||||||||||||
The troubled debt restructurings described above decreased the allowance for loan losses by $210 and resulted in charge-offs of $0 during the six months ending June 30, 2013. | |||||||||||||||||||||||||||||||||
The following tables present loans by class modified as troubled debt restructurings for which there was a payment default within twelve months following the modification during the three months ending June 30, 2014 and 2013: | |||||||||||||||||||||||||||||||||
Troubled Debt Restructurings That Subsequently Defaulted: | Number of Loans | Recorded Investment | |||||||||||||||||||||||||||||||
June 30, 2014 | |||||||||||||||||||||||||||||||||
Commercial and Industrial Loans and Leases | — | $ | — | ||||||||||||||||||||||||||||||
Commercial Real Estate Loans | — | — | |||||||||||||||||||||||||||||||
Total | — | $ | — | ||||||||||||||||||||||||||||||
The troubled debt restructurings that subsequently defaulted described above resulted in no change to the allowance for loan losses and no charge-offs during the three months ending June 30, 2014. | |||||||||||||||||||||||||||||||||
Troubled Debt Restructurings That Subsequently Defaulted: | Number of Loans | Recorded Investment | |||||||||||||||||||||||||||||||
June 30, 2013 | |||||||||||||||||||||||||||||||||
Commercial and Industrial Loans and Leases | — | $ | — | ||||||||||||||||||||||||||||||
Commercial Real Estate Loans | — | — | |||||||||||||||||||||||||||||||
Total | — | $ | — | ||||||||||||||||||||||||||||||
The troubled debt restructurings that subsequently defaulted described above resulted in no change to the allowance for loan losses and no charge-offs during the three months ending June 30, 2013. | |||||||||||||||||||||||||||||||||
The following table presents loans by class modified as troubled debt restructurings for which there was a payment default within twelve months following the modification during the six months ending June 30, 2014 and 2013: | |||||||||||||||||||||||||||||||||
Troubled Debt Restructurings That Subsequently Defaulted: | Number of Loans | Recorded Investment | |||||||||||||||||||||||||||||||
June 30, 2014 | |||||||||||||||||||||||||||||||||
Commercial and Industrial Loans and Leases | — | $ | — | ||||||||||||||||||||||||||||||
Commercial Real Estate Loans | — | — | |||||||||||||||||||||||||||||||
Total | — | $ | — | ||||||||||||||||||||||||||||||
The troubled debt restructurings that subsequently defaulted described above resulted in no change to the allowance for loan losses and no charge-offs during the six months ending June 30, 2014. | |||||||||||||||||||||||||||||||||
Troubled Debt Restructurings That Subsequently Defaulted: | Number of Loans | Recorded Investment | |||||||||||||||||||||||||||||||
June 30, 2013 | |||||||||||||||||||||||||||||||||
Commercial and Industrial Loans and Leases | — | $ | — | ||||||||||||||||||||||||||||||
Commercial Real Estate Loans | — | — | |||||||||||||||||||||||||||||||
Total | — | $ | — | ||||||||||||||||||||||||||||||
The troubled debt restructurings that subsequently defaulted described above resulted in no change to the allowance for loan losses and no charge-offs during the six months ending June 30, 2013. | |||||||||||||||||||||||||||||||||
A loan is considered to be in payment default once it is 30 days contractually past due under the modified terms. | |||||||||||||||||||||||||||||||||
Credit Quality Indicators: | |||||||||||||||||||||||||||||||||
The Company categorizes loans into risk categories based on relevant information about the ability of borrowers to service their debt such as: current financial information, historical payment experience, credit documentation, public information, and current economic trends, among other factors. The Company classifies loans as to credit risk by individually analyzing loans. This analysis includes commercial and industrial loans, commercial real estate loans, and agricultural loans with an outstanding balance greater than $100. This analysis is typically performed on at least an annual basis. The Company uses the following definitions for risk ratings: | |||||||||||||||||||||||||||||||||
Special Mention. Loans classified as special mention have a potential weakness that deserves management’s close attention. If left uncorrected, these potential weaknesses may result in deterioration of the repayment prospects for the loan or of the institution’s credit position at some future date. | |||||||||||||||||||||||||||||||||
Substandard. Loans classified as substandard are inadequately protected by the current net worth and paying capacity of the obligor or of the collateral pledged, if any. Loans so classified have a well-defined weakness or weaknesses that jeopardize the liquidation of the debt. They are characterized by the distinct possibility that the institution will sustain some loss if the deficiencies are not corrected. | |||||||||||||||||||||||||||||||||
Doubtful. Loans classified as doubtful have all the weaknesses inherent in those classified as substandard, with the added characteristic that the weaknesses make collection or liquidation in full, on the basis of currently existing facts, conditions, and values, highly questionable and improbable. | |||||||||||||||||||||||||||||||||
Loans not meeting the criteria above that are analyzed individually as part of the above described process are considered to be pass rated loans. Based on the most recent analysis performed, the risk category of loans by class of loans is as follows: | |||||||||||||||||||||||||||||||||
30-Jun-14 | Pass | Special Mention | Substandard | Doubtful | Total | ||||||||||||||||||||||||||||
Commercial and Industrial Loans and Leases | $ | 336,728 | $ | 17,930 | $ | 12,261 | $ | — | $ | 366,919 | |||||||||||||||||||||||
Commercial Real Estate Loans | 556,501 | 23,560 | 16,053 | — | 596,114 | ||||||||||||||||||||||||||||
Agricultural Loans | 185,192 | 4,983 | 193 | — | 190,368 | ||||||||||||||||||||||||||||
Total | $ | 1,078,421 | $ | 46,473 | $ | 28,507 | $ | — | $ | 1,153,401 | |||||||||||||||||||||||
Loans Acquired With Deteriorated Credit Quality (Included in the Total Above) | $ | 3,101 | $ | 1,740 | $ | 5,082 | $ | — | $ | 9,923 | |||||||||||||||||||||||
31-Dec-13 | Pass | Special Mention | Substandard | Doubtful | Total | ||||||||||||||||||||||||||||
Commercial and Industrial Loans and Leases | $ | 324,685 | $ | 15,485 | $ | 11,733 | $ | — | $ | 351,903 | |||||||||||||||||||||||
Commercial Real Estate Loans | 539,533 | 20,168 | 23,903 | — | 583,604 | ||||||||||||||||||||||||||||
Agricultural Loans | 192,609 | 2,357 | 205 | — | 195,171 | ||||||||||||||||||||||||||||
Total | $ | 1,056,827 | $ | 38,010 | $ | 35,841 | $ | — | $ | 1,130,678 | |||||||||||||||||||||||
Loans Acquired With Deteriorated Credit Quality (Included in the Total Above) | $ | 3,121 | $ | 661 | $ | 9,070 | $ | — | $ | 12,852 | |||||||||||||||||||||||
The Company considers the performance of the loan portfolio and its impact on the allowance for loan losses. For home equity, consumer and residential mortgage loan classes, the Company also evaluates credit quality based on the aging status of the loan, which was previously presented, and by payment activity. The following table presents the recorded investment in home equity, consumer and residential mortgage loans based on payment activity as of June 30, 2014 and December 31, 2013: | |||||||||||||||||||||||||||||||||
30-Jun-14 | Home Equity Loans | Consumer Loans | Residential Mortgage Loans | ||||||||||||||||||||||||||||||
Performing | $ | 83,560 | $ | 46,622 | $ | 133,110 | |||||||||||||||||||||||||||
Nonperforming | 328 | 212 | 1,356 | ||||||||||||||||||||||||||||||
Total | $ | 83,888 | $ | 46,834 | $ | 134,466 | |||||||||||||||||||||||||||
Loans Acquired With Deteriorated Credit Quality | $ | — | $ | 126 | $ | 1,503 | |||||||||||||||||||||||||||
(Included in the Total Above) | |||||||||||||||||||||||||||||||||
31-Dec-13 | Home Equity Loans | Consumer Loans | Residential Mortgage Loans | ||||||||||||||||||||||||||||||
Performing | $ | 81,698 | $ | 49,029 | $ | 127,708 | |||||||||||||||||||||||||||
Nonperforming | 114 | 236 | 1,339 | ||||||||||||||||||||||||||||||
Total | $ | 81,812 | $ | 49,265 | $ | 129,047 | |||||||||||||||||||||||||||
Loans Acquired With Deteriorated Credit Quality | $ | — | $ | 134 | $ | 1,767 | |||||||||||||||||||||||||||
(Included in the Total Above) | |||||||||||||||||||||||||||||||||
The Company has purchased loans, for which there was, at acquisition, evidence of deterioration of credit quality since origination and it was probable, at acquisition, that all contractually required payments would not be collected. The recorded investment of those loans is as follows: | |||||||||||||||||||||||||||||||||
June 30, 2014 | |||||||||||||||||||||||||||||||||
Commercial and Industrial Loans | $ | 591 | |||||||||||||||||||||||||||||||
Commercial Real Estate Loans | 9,332 | ||||||||||||||||||||||||||||||||
Home Equity Loans | — | ||||||||||||||||||||||||||||||||
Consumer Loans | 126 | ||||||||||||||||||||||||||||||||
Residential Mortgage Loans | 1,503 | ||||||||||||||||||||||||||||||||
Total | $ | 11,552 | |||||||||||||||||||||||||||||||
Carrying Amount, Net of Allowance | $ | 11,546 | |||||||||||||||||||||||||||||||
31-Dec-13 | |||||||||||||||||||||||||||||||||
Commercial and Industrial Loans | $ | 1,981 | |||||||||||||||||||||||||||||||
Commercial Real Estate Loans | 10,871 | ||||||||||||||||||||||||||||||||
Home Equity Loans | — | ||||||||||||||||||||||||||||||||
Consumer Loans | 134 | ||||||||||||||||||||||||||||||||
Residential Mortgage Loans | 1,767 | ||||||||||||||||||||||||||||||||
Total | $ | 14,753 | |||||||||||||||||||||||||||||||
Carrying Amount, Net of Allowance | $ | 14,745 | |||||||||||||||||||||||||||||||
Accretable yield, or income expected to be collected, is as follows: | |||||||||||||||||||||||||||||||||
2014 | 2013 | ||||||||||||||||||||||||||||||||
Balance at April 1 | $ | 2,712 | $ | 208 | |||||||||||||||||||||||||||||
New Loans Purchased | — | — | |||||||||||||||||||||||||||||||
Accretion of Income | (75 | ) | (234 | ) | |||||||||||||||||||||||||||||
Reclassifications from Non-accretable Difference | — | 208 | |||||||||||||||||||||||||||||||
Charge-off of Accretable Yield | — | — | |||||||||||||||||||||||||||||||
Balance at June 30 | $ | 2,637 | $ | 182 | |||||||||||||||||||||||||||||
Accretable yield, or income expected to be collected, is as follows: | |||||||||||||||||||||||||||||||||
2014 | 2013 | ||||||||||||||||||||||||||||||||
Balance at January 1 | $ | 2,790 | $ | 170 | |||||||||||||||||||||||||||||
New Loans Purchased | — | — | |||||||||||||||||||||||||||||||
Accretion of Income | (153 | ) | (446 | ) | |||||||||||||||||||||||||||||
Reclassifications from Non-accretable Difference | — | 458 | |||||||||||||||||||||||||||||||
Charge-off of Accretable Yield | — | — | |||||||||||||||||||||||||||||||
Balance at June 30 | $ | 2,637 | $ | 182 | |||||||||||||||||||||||||||||
For those purchased loans disclosed above, the Company did not increase the allowance for loan losses during the three and six months ended June 30, 2014. For those purchased loans disclosed above, the Company increased the allowance for loan losses by $70 during the three months ended June 30, 2013. For those purchased loans disclosed above, the Company increased the allowance for loan losses by $61 during the six months ended June 30, 2013. No allowances for loan losses were reversed during the same period. |
Segment_Information
Segment Information | 6 Months Ended | ||||||||||||||||||||
Jun. 30, 2014 | |||||||||||||||||||||
Segment Reporting [Abstract] | ' | ||||||||||||||||||||
Segment Information | ' | ||||||||||||||||||||
Segment Information | |||||||||||||||||||||
The Company’s operations include three primary segments: core banking, trust and investment advisory services, and insurance operations. The core banking segment involves attracting deposits from the general public and using such funds to originate consumer, commercial and agricultural, commercial and agricultural real estate, and residential mortgage loans, primarily in the Company’s local markets. The core banking segment also involves the sale of residential mortgage loans in the secondary market. The trust and investment advisory services segment involves providing trust, investment advisory, and brokerage services to customers. The insurance segment offers a full range of personal and corporate property and casualty insurance products, primarily in the Company’s banking subsidiary’s local markets. | |||||||||||||||||||||
The core banking segment is comprised by the Company’s banking subsidiary, German American Bancorp, which operated through 37 banking offices at June 30, 2014. Net interest income from loans and investments funded by deposits and borrowings is the primary revenue for the core-banking segment. The trust and investment advisory services segment’s revenues are comprised primarily of fees generated by German American Financial Advisors & Trust Company. These fees are derived by providing trust, investment advisory, and brokerage services to its customers. The insurance segment primarily consists of German American Insurance, Inc., which provides a full line of personal and corporate insurance products. Commissions derived from the sale of insurance products are the primary source of revenue for the insurance segment. | |||||||||||||||||||||
The following segment financial information has been derived from the internal financial statements of German American Bancorp, Inc., which are used by management to monitor and manage the financial performance of the Company. The accounting policies of the three segments are the same as those of the Company. The evaluation process for segments does not include holding company income and expense. Holding company amounts are the primary differences between segment amounts and consolidated totals, and are reflected in the column labeled “Other” below, along with amounts to eliminate transactions between segments. | |||||||||||||||||||||
Core | Trust and Investment Advisory Services | Insurance | Other | Consolidated Totals | |||||||||||||||||
Banking | |||||||||||||||||||||
Three Months Ended | |||||||||||||||||||||
June 30, 2014 | |||||||||||||||||||||
Net Interest Income | $ | 18,434 | $ | 4 | $ | 1 | $ | (118 | ) | $ | 18,321 | ||||||||||
Net Gains on Sales of Loans | 386 | — | — | — | 386 | ||||||||||||||||
Net Gains on Securities | 244 | — | — | — | 244 | ||||||||||||||||
Trust and Investment Product Fees | — | 905 | — | — | 905 | ||||||||||||||||
Insurance Revenues | 8 | 6 | 1,468 | — | 1,482 | ||||||||||||||||
Noncash Items: | |||||||||||||||||||||
Provision for Loan Losses | 200 | — | — | — | 200 | ||||||||||||||||
Depreciation and Amortization | 1,132 | 7 | 30 | 37 | 1,206 | ||||||||||||||||
Income Tax Expense (Benefit) | 2,954 | (65 | ) | 99 | (191 | ) | 2,797 | ||||||||||||||
Segment Profit (Loss) | 6,670 | (103 | ) | 144 | (24 | ) | 6,687 | ||||||||||||||
Segment Assets at June 30, 2014 | 2,201,207 | 11,501 | 5,873 | (25,008 | ) | 2,193,573 | |||||||||||||||
Core | Trust and Investment Advisory Services | Insurance | Other | Consolidated Totals | |||||||||||||||||
Banking | |||||||||||||||||||||
Three Months Ended | |||||||||||||||||||||
June 30, 2013 | |||||||||||||||||||||
Net Interest Income | $ | 17,004 | $ | 6 | $ | 5 | $ | (303 | ) | $ | 16,712 | ||||||||||
Net Gains on Sales of Loans | 809 | — | — | — | 809 | ||||||||||||||||
Net Gains on Securities | 467 | — | — | — | 467 | ||||||||||||||||
Trust and Investment Product Fees | 1 | 813 | — | — | 814 | ||||||||||||||||
Insurance Revenues | 6 | 6 | 1,367 | — | 1,379 | ||||||||||||||||
Noncash Items: | |||||||||||||||||||||
Provision for Loan Losses | (200 | ) | — | — | — | (200 | ) | ||||||||||||||
Depreciation and Amortization | 973 | 8 | 106 | 38 | 1,125 | ||||||||||||||||
Income Tax Expense (Benefit) | 3,626 | (24 | ) | 40 | (413 | ) | 3,229 | ||||||||||||||
Segment Profit (Loss) | 6,833 | (41 | ) | 27 | (287 | ) | 6,532 | ||||||||||||||
Segment Assets at December 31, 2013 | 2,171,837 | 11,663 | 5,636 | (25,309 | ) | 2,163,827 | |||||||||||||||
Core | Trust and Investment Advisory Services | Insurance | Other | Consolidated Totals | |||||||||||||||||
Banking | |||||||||||||||||||||
Six Months Ended | |||||||||||||||||||||
30-Jun-14 | |||||||||||||||||||||
Net Interest Income | $ | 36,747 | $ | 8 | $ | 2 | $ | (240 | ) | $ | 36,517 | ||||||||||
Net Gains on Sales of Loans | 862 | — | — | — | 862 | ||||||||||||||||
Net Gains on Securities | 472 | — | — | — | 472 | ||||||||||||||||
Trust and Investment Product Fees | 2 | 1,825 | — | — | 1,827 | ||||||||||||||||
Insurance Revenues | 5 | 11 | 4,022 | — | 4,038 | ||||||||||||||||
Noncash Items: | |||||||||||||||||||||
Provision for Loan Losses | 550 | — | — | — | 550 | ||||||||||||||||
Depreciation and Amortization | 2,275 | 13 | 59 | 75 | 2,422 | ||||||||||||||||
Income Tax Expense (Benefit) | 5,444 | (107 | ) | 600 | (408 | ) | 5,529 | ||||||||||||||
Segment Profit (Loss) | 12,368 | (172 | ) | 862 | (66 | ) | 12,992 | ||||||||||||||
Segment Assets at June 30, 2014 | 2,201,207 | 11,501 | 5,873 | (25,008 | ) | 2,193,573 | |||||||||||||||
Core | Trust and Investment Advisory Services | Insurance | Other | Consolidated Totals | |||||||||||||||||
Banking | |||||||||||||||||||||
Six Months Ended | |||||||||||||||||||||
30-Jun-13 | |||||||||||||||||||||
Net Interest Income | $ | 33,768 | $ | 11 | $ | 12 | $ | (854 | ) | $ | 32,937 | ||||||||||
Net Gains on Sales of Loans | 1,563 | — | — | — | 1,563 | ||||||||||||||||
Net Gains on Securities | 1,080 | — | — | — | 1,080 | ||||||||||||||||
Trust and Investment Product Fees | 4 | 1,628 | — | (1 | ) | 1,631 | |||||||||||||||
Insurance Revenues | 15 | 19 | 3,129 | — | 3,163 | ||||||||||||||||
Noncash Items: | |||||||||||||||||||||
Provision for Loan Losses | 150 | — | — | — | 150 | ||||||||||||||||
Depreciation and Amortization | 1,923 | 15 | 211 | 75 | 2,224 | ||||||||||||||||
Income Tax Expense (Benefit) | 6,370 | (26 | ) | 187 | (788 | ) | 5,743 | ||||||||||||||
Segment Profit (Loss) | 12,681 | (49 | ) | 238 | (529 | ) | 12,341 | ||||||||||||||
Segment Assets at December 31, 2013 | 2,171,837 | 11,663 | 5,636 | (25,309 | ) | 2,163,827 | |||||||||||||||
Stock_Repurchase_Plan
Stock Repurchase Plan | 6 Months Ended |
Jun. 30, 2014 | |
Stock Repurchase Plan [Abstract] | ' |
Stock Repurchase Plan | ' |
Stock Repurchase Plan | |
On April 26, 2001 the Company announced that its Board of Directors approved a stock repurchase program for up to 607,754 of the outstanding Common Shares of the Company. Shares may be purchased from time to time in the open market and in large block privately negotiated transactions. The Company is not obligated to purchase any shares under the program, and the program may be discontinued at any time before the maximum number of shares specified by the program are purchased. The Board of Directors established no expiration date for this program. As of June 30, 2014, the Company had purchased 334,965 shares under the program. No shares were purchased under the program during the three and six months ended June 30, 2014 and 2013. |
Equity_Plans_and_Equity_Based_
Equity Plans and Equity Based Compensation | 6 Months Ended | ||||||||
Jun. 30, 2014 | |||||||||
Disclosure of Compensation Related Costs, Share-based Payments [Abstract] | ' | ||||||||
Equity Plans and Equity Based Compensation | ' | ||||||||
Equity Plans and Equity Based Compensation | |||||||||
The Company maintains three equity incentive plans under which stock options, restricted stock, and other equity incentive awards can be granted. At June 30, 2014, the Company has reserved 438,813 shares of Common Stock (as adjusted for subsequent stock dividends and subject to further customary anti-dilution adjustments) for the purpose of issuance pursuant to outstanding and future grants of options, restricted stock, and other equity awards to officers, directors and other employees of the Company. | |||||||||
For the three and six months ended June 30, 2014 and 2013, the Company granted no options, and accordingly, recorded no stock option expense related to option grants during the three and six months ended June 30, 2014 and 2013. The Company recorded no other stock compensation expense applicable to options during the three and six months ended June 30, 2014 and 2013 because all outstanding options were fully vested prior to 2007. In addition, there was no unrecognized option expense as all outstanding options were fully vested prior to June 30, 2014 and 2013. | |||||||||
During the periods presented, awards of long-term incentives were granted in the form of restricted stock. Awards that were granted to management under a management incentive plan were granted in tandem with cash credit entitlements (in the form of 60% restricted stock grants and 40% cash credit entitlements for 2014 and 50% restricted stock grants and 50% cash credit entitlements prior to 2014). The management restricted stock grants and tandem cash credit entitlements awarded in 2013 will vest in three equal installments of 33.3% with the first annual vesting on December 5th of the year of the grant and on December 5th of the next two succeeding years. Awards that were granted to directors as additional retainer for their services do not include any cash credit entitlement. These director restricted stock grants are subject to forfeiture in the event that the recipient of the grant does not continue in service as a director of the Company through December 5th of the year after grant or do not satisfy certain meeting attendance requirements, at which time they generally vest 100 percent. For measuring compensation costs, restricted stock awards are valued based upon the market value of the common shares on the date of grant. During the three months ended June 30, 2014 and 2013, the Company granted no shares of restricted stock. During the six months ended June 30, 2014 and 2013, the Company granted awards of 31,080 and 29,170 shares of restricted stock, respectively. | |||||||||
The following tables present expense recorded for restricted stock and cash entitlements as well as the related tax effect for the periods presented: | |||||||||
Three Months Ended | |||||||||
June 30, | |||||||||
2014 | 2013 | ||||||||
Restricted Stock Expense | $ | 161 | $ | 85 | |||||
Cash Entitlement Expense | 101 | 54 | |||||||
Tax Effect | (106 | ) | (56 | ) | |||||
Net of Tax | $ | 156 | $ | 83 | |||||
Six Months Ended | |||||||||
June 30, | |||||||||
2014 | 2013 | ||||||||
Restricted Stock Expense | $ | 320 | $ | 170 | |||||
Cash Entitlement Expense | 199 | 108 | |||||||
Tax Effect | (210 | ) | (112 | ) | |||||
Net of Tax | $ | 309 | $ | 166 | |||||
Unrecognized expense associated with the restricted stock grants and cash entitlements totaled $1,873 and $1,112 as of June 30, 2014 and 2013, respectively. | |||||||||
The Company maintains an Employee Stock Purchase Plan whereby eligible employees have the option to purchase the Company’s common stock at a discount. The purchase price of the shares under this Plan has been set at 95% of the fair market value of the Company’s common stock as of the last day of the plan year. The plan provided for the purchase of up to 500,000 shares of common stock, which the Company may obtain by purchases on the open market or from private sources, or by issuing authorized but unissued common shares. Funding for the purchase of common stock is from employee and Company contributions. | |||||||||
The Employee Stock Purchase Plan is not considered compensatory. There was no expense recorded for the employee stock purchase plan during the three and six months ended June 30, 2014 and 2013, nor was there any unrecognized compensation expense as of June 30, 2014 and 2013 for the Employee Stock Purchase Plan. |
Fair_Value
Fair Value | 6 Months Ended | ||||||||||||||||||||||||
Jun. 30, 2014 | |||||||||||||||||||||||||
Fair Value Disclosures [Abstract] | ' | ||||||||||||||||||||||||
Fair Value | ' | ||||||||||||||||||||||||
Fair Value | |||||||||||||||||||||||||
Fair value is the exchange price that would be received for an asset or paid to transfer a liability (exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. There are three levels of inputs that may be used to measure fair values: | |||||||||||||||||||||||||
Level 1: Quoted prices (unadjusted) for identical assets or liabilities in active markets that the entity has the ability to access as of the measurement date. | |||||||||||||||||||||||||
Level 2: Significant other observable inputs other than Level 1 prices such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data. | |||||||||||||||||||||||||
Level 3: Significant unobservable inputs that reflect a reporting entity’s own assumptions about the assumptions that market participants would use in pricing an asset or liability. | |||||||||||||||||||||||||
The Company used the following methods and significant assumptions to estimate the fair value of each type of financial instrument: | |||||||||||||||||||||||||
Investment Securities: The fair values for investment securities are determined by quoted market prices, if available (Level 1). For securities where quoted prices are not available, fair values are calculated based on market prices of similar securities (Level 2). For securities where quoted prices or market prices of similar securities are not available, fair values are calculated using discounted cash flows or other market indicators (Level 3). Level 3 pricing is obtained from a third-party based upon similar trades that are not traded frequently without adjustment by the Company. At June 30, 2014, the Company held $10.9 million in Level 3 securities which consist of $10.6 million of non-rated Obligations of State and Political Subdivisions and $353 thousand of equity securities that are not actively traded. Absent the credit rating, significant assumptions must be made such that the credit risk input becomes an unobservable input and thus these securities are reported by the Company in a Level 3 classification. | |||||||||||||||||||||||||
Derivatives: The fair values of derivatives are based on valuation models using observable market data as of the measurement date (Level 2). | |||||||||||||||||||||||||
Impaired Loans: Fair values for impaired collateral dependent loans are generally based on appraisals obtained from licensed real estate appraisers and in certain circumstances consideration of offers obtained to purchase properties prior to foreclosure. Appraisals for commercial real estate generally use three methods to derive value: cost, sales or market comparison and income approach. The cost method bases value in the cost to replace the current property. Value of market comparison approach evaluates the sales price of similar properties in the same market area. The income approach considers net operating income generated by the property and an investors required return. Adjustments are routinely made in the appraisal process by the independent appraisers to adjust for differences between the comparable sales and income data available. Comparable sales adjustments are based on known sales prices of similar type and similar use properties and duration of time that the property has been on the market to sell. Such adjustments made in the appraisal process are typically significant and result in a Level 3 classification of the inputs for determining fair value. | |||||||||||||||||||||||||
Appraisals for both collateral-dependent impaired loans and other real estate owned are performed by certified general appraisers (for commercial properties) or certified residential appraisers (for residential properties) whose qualifications and licenses have been reviewed and verified by the Company. Once received, a member of the Company’s Risk Management Area reviews the assumptions and approaches utilized in the appraisal. In determining the value of impaired collateral dependent loans and other real estate owned, significant unobservable inputs may be used which include: physical condition of comparable properties sold, net operating income generated by the property and investor rates of return. | |||||||||||||||||||||||||
Other Real Estate: Nonrecurring adjustments to certain commercial and residential real estate properties classified as other real estate (ORE) are measured at the lower of carrying amount or fair value, less costs to sell. Fair values are generally based on third party appraisals of the property utilizing similar techniques as discussed above for Impaired Loans, resulting in a Level 3 classification. In cases where the carrying amount exceeds the fair value, less costs to sell, impairment loss is recognized. | |||||||||||||||||||||||||
Loans Held-for-Sale: The fair values of loans held for sale are determined by using quoted prices for similar assets, adjusted for specific attributes of that loan resulting in a Level 2 classification. | |||||||||||||||||||||||||
Assets and Liabilities Measured on a Recurring Basis | |||||||||||||||||||||||||
Assets and liabilities measured at fair value on a recurring basis, including financial assets and liabilities for which the Company has elected the fair value option, are summarized below: | |||||||||||||||||||||||||
Fair Value Measurements at June 30, 2014 Using | |||||||||||||||||||||||||
Quoted Prices in Active Markets for Identical Assets (Level 1) | Significant Other Observable Inputs (Level 2) | Significant Unobservable Inputs (Level 3) | Total | ||||||||||||||||||||||
Assets: | |||||||||||||||||||||||||
U.S. Treasury and Agency Securities | $ | — | $ | 19,321 | $ | — | $ | 19,321 | |||||||||||||||||
Corporate Securities | — | — | — | — | |||||||||||||||||||||
Obligations of State and Political Subdivisions | — | 119,394 | 10,562 | 129,956 | |||||||||||||||||||||
Mortgage-backed Securities-Residential | — | 465,762 | — | 465,762 | |||||||||||||||||||||
Equity Securities | — | — | 353 | 353 | |||||||||||||||||||||
Total Securities | $ | — | $ | 604,477 | $ | 10,915 | $ | 615,392 | |||||||||||||||||
Loans Held-for-Sale | $ | — | $ | 8,812 | $ | — | $ | 8,812 | |||||||||||||||||
Derivative Assets | $ | — | $ | 449 | $ | — | $ | 449 | |||||||||||||||||
Derivative Liabilities | $ | — | $ | 388 | $ | — | $ | 388 | |||||||||||||||||
Fair Value Measurements at December 31, 2013 Using | |||||||||||||||||||||||||
Quoted Prices in Active Markets for Identical Assets (Level 1) | Significant Other Observable Inputs (Level 2) | Significant Unobservable Inputs (Level 3) | Total | ||||||||||||||||||||||
Assets: | |||||||||||||||||||||||||
U.S. Treasury and Agency Securities | $ | — | $ | 18,952 | $ | — | $ | 18,952 | |||||||||||||||||
Corporate Securities | — | — | — | — | |||||||||||||||||||||
Obligations of State and Political Subdivisions | — | 102,665 | 10,832 | 113,497 | |||||||||||||||||||||
Mortgage-backed Securities-Residential | — | 473,230 | — | 473,230 | |||||||||||||||||||||
Equity Securities | — | — | 353 | 353 | |||||||||||||||||||||
Total Securities | $ | — | $ | 594,847 | $ | 11,185 | $ | 606,032 | |||||||||||||||||
Loans Held-for-Sale | $ | — | $ | 9,265 | $ | — | $ | 9,265 | |||||||||||||||||
Derivative Assets | $ | — | $ | 866 | $ | — | $ | 866 | |||||||||||||||||
Derivative Liabilities | $ | — | $ | 737 | $ | — | $ | 737 | |||||||||||||||||
There were no transfers between Level 1 and Level 2 for the periods ended June 30, 2014 and December 31, 2013. | |||||||||||||||||||||||||
At June 30, 2014, the aggregate fair value of the Loans Held-for-Sale was $8,812, aggregate contractual principal balance was $8,660 with a difference of $152. At December 31, 2013, the aggregate fair value of the Loans Held-for-Sale was $9,265, aggregate contractual principle balance was $9,129 with a difference of $136. | |||||||||||||||||||||||||
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 three and six months ended June 30, 2014 and 2013: | |||||||||||||||||||||||||
Obligations of State and Political Subdivisions | Equity Securities | Corporate Securities | |||||||||||||||||||||||
2014 | 2013 | 2014 | 2013 | 2014 | 2013 | ||||||||||||||||||||
Balance of Recurring Level 3 Assets at April 1 | $ | 10,476 | $ | 11,728 | $ | 353 | $ | 353 | $ | — | $ | — | |||||||||||||
Total Gains or Losses (realized/unrealized) Included in Earnings | 86 | (129 | ) | — | — | — | — | ||||||||||||||||||
Maturities / Calls | — | (160 | ) | — | — | — | — | ||||||||||||||||||
Purchases | — | — | — | — | — | — | |||||||||||||||||||
Balance of Recurring Level 3 Assets at June 30 | $ | 10,562 | $ | 11,439 | $ | 353 | $ | 353 | $ | — | $ | — | |||||||||||||
Obligations of State and Political Subdivisions | Equity Securities | Corporate Securities | |||||||||||||||||||||||
2014 | 2013 | 2014 | 2013 | 2014 | 2013 | ||||||||||||||||||||
Balance of Recurring Level 3 Assets at January 1 | $ | 10,832 | $ | 12,169 | $ | 353 | $ | 353 | $ | — | $ | — | |||||||||||||
Total Gains or Losses (realized/unrealized) Included in Earnings | 155 | (150 | ) | — | — | — | — | ||||||||||||||||||
Maturities / Calls | (425 | ) | (580 | ) | — | — | — | — | |||||||||||||||||
Purchases | — | — | — | — | — | — | |||||||||||||||||||
Balance of Recurring Level 3 Assets at June 30 | $ | 10,562 | $ | 11,439 | $ | 353 | $ | 353 | $ | — | $ | — | |||||||||||||
Of the total gain/loss included in earnings for the three and six months ended June 30, 2014, $86 and $155 was attributable to other changes in fair value. The three and six months ended June 30, 2014 included no gain/loss attributable to interest income on securities. Of the total gain/loss included in earnings for the three and six months ended June 30, 2013, $(129) and $(150) was attributable to other changes in fair value, respectively. The three and six months ended June 30, 2013 included no gain/loss attributable to interest income on securities. | |||||||||||||||||||||||||
Assets and Liabilities Measured on a Non-Recurring Basis | |||||||||||||||||||||||||
Assets and liabilities measured at fair value on a non-recurring basis are summarized below: | |||||||||||||||||||||||||
Fair Value Measurements at June 30, 2014 Using | |||||||||||||||||||||||||
Quoted Prices in Active Markets for Identical Assets (Level 1) | Significant Other Observable Inputs (Level 2) | Significant Unobservable | Total | ||||||||||||||||||||||
Inputs (Level 3) | |||||||||||||||||||||||||
Assets: | |||||||||||||||||||||||||
Impaired Loans with Specific Allocations | |||||||||||||||||||||||||
Commercial and Industrial Loans | $ | — | $ | — | $ | 2 | $ | 2 | |||||||||||||||||
Commercial Real Estate Loans | — | — | 1,200 | 1,200 | |||||||||||||||||||||
Agricultural Loans | — | — | — | — | |||||||||||||||||||||
Other Real Estate | |||||||||||||||||||||||||
Commercial Real Estate | — | — | — | — | |||||||||||||||||||||
Fair Value Measurements at December 31, 2013 Using | |||||||||||||||||||||||||
Quoted Prices in Active Markets for Identical Assets (Level 1) | Significant Other Observable Inputs (Level 2) | Significant Unobservable | Total | ||||||||||||||||||||||
Inputs (Level 3) | |||||||||||||||||||||||||
Assets: | |||||||||||||||||||||||||
Impaired Loans with Specific Allocations | |||||||||||||||||||||||||
Commercial and Industrial Loans | $ | — | $ | — | $ | — | $ | — | |||||||||||||||||
Commercial Real Estate Loans | — | — | 1,346 | 1,346 | |||||||||||||||||||||
Agricultural Loans | — | — | — | — | |||||||||||||||||||||
Other Real Estate | |||||||||||||||||||||||||
Commercial Real Estate | — | — | 20 | 20 | |||||||||||||||||||||
Impaired loans, which are measured for impairment using the fair value of the collateral for collateral dependent loans, had a carrying amount of $2,757 with a valuation allowance of $1,555, resulting in an additional provision for loan losses of $189 and $156 for the three and six months ended June 30, 2014, respectively. For the three and six months ended June 30, 2013, impaired loans resulted in an additional provision for loan losses of $270 and $379, respectively. Impaired loans, which are measured for impairment using the fair value of the collateral for collateral dependent loans, had a carrying amount of $4,449 with a valuation allowance of $3,103, resulting in an additional provision for loan losses of $1,024 for the year ended December 31, 2013. | |||||||||||||||||||||||||
Other Real Estate is measured at the lower of carrying or fair value less costs to sell. No charge to earnings was included in the three or six months ended June 30, 2014. A charge to earnings through Other Operating Income of $94 and $301 was included in the three and six months ended June 30, 2013, respectively. Other Real Estate which is measured at the lower of carrying or fair value less costs to sell had a carrying value of $20 at December 31, 2013. | |||||||||||||||||||||||||
The following tables present quantitative information about Level 3 fair value measurements for financial instruments measured at fair value on a non-recurring basis at June 30, 2014 and December 31, 2013: | |||||||||||||||||||||||||
June 30, 2014 | Fair Value | Valuation Technique(s) | Unobservable Input(s) | Range (Weighted Average) | |||||||||||||||||||||
Impaired Loans - Commercial and Industrial Loans | $ | 2 | Sales comparison approach | Adjustment for differences between comparable sales | 42%-90% (53%) | ||||||||||||||||||||
Impaired Loans - Commercial Real Estate Loans | $ | 1,200 | Sales comparison approach | Adjustment for physical condition of comparable properties sold | 12%-80% (63%) | ||||||||||||||||||||
Income approach | Adjustment for net operating income generated by the property | ||||||||||||||||||||||||
Cost approach | Adjustment for investor rates of return | ||||||||||||||||||||||||
December 31, 2013 | Fair Value | Valuation Technique(s) | Unobservable Input(s) | Range (Weighted Average) | |||||||||||||||||||||
Impaired Loans - Commercial Real Estate Loans | $ | 1,346 | Sales comparison approach | Adjustment for physical condition of comparable properties sold | 12%-80% (53%) | ||||||||||||||||||||
Income approach | Adjustment for net operating income generated by the property | ||||||||||||||||||||||||
Cost approach | Adjustment for investor rates of return | ||||||||||||||||||||||||
Other Real Estate - Commercial Real Estate Loans | $ | 20 | Sales comparison approach | Adjustment for physical condition of comparable properties sold | 50% (50%) | ||||||||||||||||||||
Income approach | Adjustment for net operating income generated by the property | ||||||||||||||||||||||||
Cost approach | Adjustment for investor rates of return | ||||||||||||||||||||||||
The carrying amounts and estimated fair values of the Company’s financial instruments not previously presented are provided in the tables below for the periods ending June 30, 2014 and December 31, 2013. Not all of the Company’s assets and liabilities are considered financial instruments, and therefore are not included in the table. Because no active market exists for a significant portion of the Company’s financial instruments, fair value estimates were based on subjective judgments, and therefore cannot be determined with precision. | |||||||||||||||||||||||||
Fair Value Measurements at | |||||||||||||||||||||||||
June 30, 2014 Using | |||||||||||||||||||||||||
Carrying Value | Level 1 | Level 2 | Level 3 | Total | |||||||||||||||||||||
Financial Assets: | |||||||||||||||||||||||||
Cash and Short-term Investments | $ | 57,214 | $ | 40,391 | $ | 16,823 | $ | — | $ | 57,214 | |||||||||||||||
Securities Held-to-Maturity | 184 | — | 186 | — | 186 | ||||||||||||||||||||
FHLB Stock and Other Restricted Stock | 9,096 | N/A | N/A | N/A | N/A | ||||||||||||||||||||
Loans, Net | 1,392,733 | — | — | 1,391,788 | 1,391,788 | ||||||||||||||||||||
Accrued Interest Receivable | 7,427 | — | 2,023 | 5,404 | 7,427 | ||||||||||||||||||||
Financial Liabilities: | |||||||||||||||||||||||||
Demand, Savings, and Money Market Deposits | (1,408,988 | ) | (1,408,988 | ) | — | — | (1,408,988 | ) | |||||||||||||||||
Time Deposits | (333,391 | ) | — | (335,846 | ) | — | (335,846 | ) | |||||||||||||||||
Short-term Borrowings | (117,987 | ) | — | (117,987 | ) | — | (117,987 | ) | |||||||||||||||||
Long-term Debt | (107,559 | ) | — | (103,516 | ) | (5,358 | ) | (108,874 | ) | ||||||||||||||||
Accrued Interest Payable | (786 | ) | — | (734 | ) | (52 | ) | (786 | ) | ||||||||||||||||
Unrecognized Financial Instruments: | |||||||||||||||||||||||||
Commitments to Extend Credit | — | — | — | — | — | ||||||||||||||||||||
Standby Letters of Credit | — | — | — | — | — | ||||||||||||||||||||
Commitments to Sell Loans | — | — | — | — | — | ||||||||||||||||||||
Fair Value Measurements at | |||||||||||||||||||||||||
December 31, 2013 Using | |||||||||||||||||||||||||
Carrying Value | Level 1 | Level 2 | Level 3 | Total | |||||||||||||||||||||
Financial Assets: | |||||||||||||||||||||||||
Cash and Short-term Investments | $ | 60,232 | $ | 37,370 | $ | 22,862 | $ | — | $ | 60,232 | |||||||||||||||
Securities Held-to-Maturity | 268 | — | 271 | — | 271 | ||||||||||||||||||||
FHLB Stock and Other Restricted Stock | 9,004 | N/A | N/A | N/A | N/A | ||||||||||||||||||||
Loans, Net | 1,366,452 | — | — | 1,370,339 | 1,370,339 | ||||||||||||||||||||
Accrued Interest Receivable | 7,470 | — | 1,918 | 5,552 | 7,470 | ||||||||||||||||||||
Financial Liabilities: | |||||||||||||||||||||||||
Demand, Savings, and Money Market Deposits | (1,463,122 | ) | (1,463,122 | ) | — | — | (1,463,122 | ) | |||||||||||||||||
Time Deposits | (349,034 | ) | — | (351,707 | ) | — | (351,707 | ) | |||||||||||||||||
Short-term Borrowings | (53,533 | ) | — | (53,533 | ) | — | (53,533 | ) | |||||||||||||||||
Long-term Debt | (87,237 | ) | — | (83,329 | ) | (5,311 | ) | (88,640 | ) | ||||||||||||||||
Accrued Interest Payable | (777 | ) | — | (732 | ) | (45 | ) | (777 | ) | ||||||||||||||||
Unrecognized Financial Instruments: | |||||||||||||||||||||||||
Commitments to Extend Credit | — | — | — | — | — | ||||||||||||||||||||
Standby Letters of Credit | — | — | — | — | — | ||||||||||||||||||||
Commitments to Sell Loans | — | — | — | — | — | ||||||||||||||||||||
Cash and Short-term Investments: | |||||||||||||||||||||||||
The carrying amount of cash and short-term investments approximate fair values and are classified as Level 1 or Level 2. | |||||||||||||||||||||||||
Securities Held-to-Maturity: | |||||||||||||||||||||||||
The fair values for investment securities are determined by quoted market prices, if available (Level 1). For securities where quoted prices are not available, fair values are calculated based on market prices of similar securities (Level 2). | |||||||||||||||||||||||||
FHLB Stock and Other Restricted Stock: | |||||||||||||||||||||||||
It is not practical to determine the fair values of FHLB stock and other restricted stock due to restrictions placed on their transferability. | |||||||||||||||||||||||||
Loans: | |||||||||||||||||||||||||
Fair values of loans, excluding loans held for sale and collateral dependent impaired loans having a specific allowance allocation, are estimated as follows: For variable rate loans that reprice frequently and with no significant change in credit risk, fair values are based on carrying values resulting in a Level 3 classification. Fair values for other loans are estimated using discounted cash flow analyses, using interest rates currently being offered for loans with similar terms to borrowers of similar credit quality resulting in a Level 3 classification. Impaired loans are valued as described previously. The methods utilized to estimate fair value of loans do not necessarily represent an exit price. | |||||||||||||||||||||||||
Accrued Interest Receivable: | |||||||||||||||||||||||||
The carrying amount of accrued interest approximates fair value resulting in a Level 2 or Level 3 classification consistent with the asset they are associated with. | |||||||||||||||||||||||||
Deposits: | |||||||||||||||||||||||||
The fair values disclosed for demand deposits (e.g., interest and non-interest checking, savings and certain types of money market accounts) are, by definition, equal to the amount payable on demand at the reporting date (i.e., their carrying amount) resulting in a Level 1 classification. Fair values for fixed rate time deposits are estimated using a discounted cash flows calculation that applies interest rates currently being offered on certificates to a schedule of aggregated expected monthly maturities on time deposits resulting in a Level 2 classification. | |||||||||||||||||||||||||
Short-term Borrowings: | |||||||||||||||||||||||||
The carrying amounts of federal funds purchased, borrowings under repurchase agreements, and other short-term borrowings, generally maturing within ninety days, approximate their fair values resulting in a Level 2 classification. | |||||||||||||||||||||||||
Long-term Debt: | |||||||||||||||||||||||||
The fair values of the Company’s long-term borrowings are estimated using discounted cash flow analyses based on the current borrowing rates for similar types of borrowing arrangements resulting in a Level 2 classification. | |||||||||||||||||||||||||
The fair values of the Company’s subordinated debentures are estimated using discounted cash flow analyses based on the current borrowing rates for similar types of borrowing arrangements resulting in a Level 3 classification. | |||||||||||||||||||||||||
Accrued Interest Payable: | |||||||||||||||||||||||||
The carrying amount of accrued interest approximates fair value resulting in a Level 2 or Level 3 classification consistent with the liability they are associated with. | |||||||||||||||||||||||||
Off-balance Sheet Instruments: | |||||||||||||||||||||||||
Fair values for off-balance sheet, credit-related financial instruments are based on fees currently charged to enter into similar agreements, taking into account the remaining terms of the agreements and the counterparties’ credit standing. The fair value of commitments is not material. |
Other_Comprehensive_Income_Los
Other Comprehensive Income (Loss) | 6 Months Ended | ||||||||||||||||
Jun. 30, 2014 | |||||||||||||||||
Equity [Abstract] | ' | ||||||||||||||||
Other Comprehensive Income (Loss) | ' | ||||||||||||||||
Other Comprehensive Income (Loss) | |||||||||||||||||
The tables below summarize the changes in accumulated other comprehensive income (loss) by component for the three and six months ended June 30, 2014, net of tax: | |||||||||||||||||
Unrealized Gains and Losses on Available-for-Sale Securities | Defined Benefit Pension Items | Postretirement Benefit Items | Total | ||||||||||||||
Beginning Balance at April 1, 2014 | $ | (2,967 | ) | $ | — | $ | (32 | ) | $ | (2,999 | ) | ||||||
Other Comprehensive Income (Loss) Before Reclassification | 2,996 | — | — | 2,996 | |||||||||||||
Amounts Reclassified from Accumulated Other Comprehensive Income (Loss) | (159 | ) | — | — | (159 | ) | |||||||||||
Net Current Period Other Comprehensive Income (Loss) | 2,837 | — | — | 2,837 | |||||||||||||
Ending Balance at June 30, 2014 | $ | (130 | ) | $ | — | $ | (32 | ) | $ | (162 | ) | ||||||
Unrealized Gains and Losses on Available-for-Sale Securities | Defined Benefit Pension Items | Postretirement Benefit Items | Total | ||||||||||||||
Beginning Balance at January 1, 2014 | $ | (5,231 | ) | $ | — | $ | (32 | ) | $ | (5,263 | ) | ||||||
Other Comprehensive Income (Loss) Before Reclassification | 5,408 | — | — | 5,408 | |||||||||||||
Amounts Reclassified from Accumulated Other Comprehensive Income (Loss) | (307 | ) | — | — | (307 | ) | |||||||||||
Net Current Period Other Comprehensive Income (Loss) | 5,101 | — | — | 5,101 | |||||||||||||
Ending Balance at June 30, 2014 | $ | (130 | ) | $ | — | $ | (32 | ) | $ | (162 | ) | ||||||
The tables below summarize the changes in accumulated other comprehensive income (loss) by component for the three and six months ended June 30, 2013, net of tax: | |||||||||||||||||
Unrealized Gains and Losses on Available-for-Sale Securities | Defined Benefit Pension Items | Postretirement Benefit Items | Total | ||||||||||||||
Beginning Balance at April 1, 2013 | $ | 8,407 | $ | (231 | ) | $ | (61 | ) | $ | 8,115 | |||||||
Other Comprehensive Income (Loss) Before Reclassification | (9,376 | ) | — | — | (9,376 | ) | |||||||||||
Amounts Reclassified from Accumulated Other Comprehensive Income (Loss) | (278 | ) | — | — | (278 | ) | |||||||||||
Net Current Period Other Comprehensive Income (Loss) | (9,654 | ) | — | — | (9,654 | ) | |||||||||||
Ending Balance at June 30, 2013 | $ | (1,247 | ) | $ | (231 | ) | $ | (61 | ) | $ | (1,539 | ) | |||||
Unrealized Gains and Losses on Available-for-Sale Securities | Defined Benefit Pension Items | Postretirement Benefit Items | Total | ||||||||||||||
Beginning Balance at January 1, 2013 | $ | 10,643 | $ | (231 | ) | $ | (61 | ) | $ | 10,351 | |||||||
Other Comprehensive Income (Loss) Before Reclassification | (11,247 | ) | — | — | (11,247 | ) | |||||||||||
Amounts Reclassified from Accumulated Other Comprehensive Income (Loss) | (643 | ) | — | — | (643 | ) | |||||||||||
Net Current Period Other Comprehensive Income (Loss) | (11,890 | ) | — | — | (11,890 | ) | |||||||||||
Ending Balance at June 30, 2013 | $ | (1,247 | ) | $ | (231 | ) | $ | (61 | ) | $ | (1,539 | ) | |||||
The tables below summarize the classifications out of accumulated other comprehensive income (loss) by component for the three and six months ended June 30, 2014: | |||||||||||||||||
Details about Accumulated Other Comprehensive Income (Loss) Components | Amount Reclassified From Accumulated Other Comprehensive Income (Loss) | Affected Line Item in the Statement Where Net Income is Presented | |||||||||||||||
Unrealized Gains and Losses on Available-for-Sale Securities | $ | (244 | ) | Net (Gain) Loss on Securities | |||||||||||||
85 | Income Tax Expense | ||||||||||||||||
(159 | ) | Net of Tax | |||||||||||||||
Total Reclassifications for the Three Months Ended June 30, 2014 | $ | (159 | ) | ||||||||||||||
Details about Accumulated Other Comprehensive Income (Loss) Components | Amount Reclassified From Accumulated Other Comprehensive Income (Loss) | Affected Line Item in the Statement Where Net Income is Presented | |||||||||||||||
Unrealized Gains and Losses on Available-for-Sale Securities | $ | (472 | ) | Net (Gain) Loss on Securities | |||||||||||||
165 | Income Tax Expense | ||||||||||||||||
(307 | ) | Net of Tax | |||||||||||||||
Total Reclassifications for the Six Months Ended June 30, 2014 | $ | (307 | ) | ||||||||||||||
The tables below summarize the classifications out of accumulated other comprehensive income (loss) by component for the three and six months ended June 30, 2013: | |||||||||||||||||
Details about Accumulated Other Comprehensive Income (Loss) Components | Amount Reclassified From Accumulated Other Comprehensive Income (Loss) | Affected Line Item in the Statement Where Net Income is Presented | |||||||||||||||
Unrealized Gains and Losses on Available-for-Sale Securities | $ | (467 | ) | Net (Gain) Loss on Securities | |||||||||||||
189 | Income Tax Expense | ||||||||||||||||
(278 | ) | Net of Tax | |||||||||||||||
Total Reclassifications for the Three Months Ended June 30, 2013 | $ | (278 | ) | ||||||||||||||
Details about Accumulated Other Comprehensive Income (Loss) Components | Amount Reclassified From Accumulated Other Comprehensive Income (Loss) | Affected Line Item in the Statement Where Net Income is Presented | |||||||||||||||
Unrealized Gains and Losses on Available-for-Sale Securities | $ | (1,080 | ) | Net (Gain) Loss on Securities | |||||||||||||
437 | Income Tax Expense | ||||||||||||||||
(643 | ) | Net of Tax | |||||||||||||||
Total Reclassifications for the Six Months Ended June 30, 2013 | $ | (643 | ) |
Per_Share_Data_Tables
Per Share Data (Tables) | 6 Months Ended | ||||||||
Jun. 30, 2014 | |||||||||
Earnings Per Share [Abstract] | ' | ||||||||
Computations of Basic Earnings Per Share and Diluted Earnings Per Share | ' | ||||||||
The computations of Basic Earnings per Share and Diluted Earnings per Share are as follows: | |||||||||
Three Months Ended | |||||||||
June 30, | |||||||||
2014 | 2013 | ||||||||
Basic Earnings per Share: | |||||||||
Net Income | $ | 6,687 | $ | 6,532 | |||||
Weighted Average Shares Outstanding | 13,210,150 | 12,666,315 | |||||||
Basic Earnings per Share | $ | 0.51 | $ | 0.52 | |||||
Diluted Earnings per Share: | |||||||||
Net Income | $ | 6,687 | $ | 6,532 | |||||
Weighted Average Shares Outstanding | 13,210,150 | 12,666,315 | |||||||
Potentially Dilutive Shares, Net | 20,662 | 16,812 | |||||||
Diluted Weighted Average Shares Outstanding | 13,230,812 | 12,683,127 | |||||||
Diluted Earnings per Share | $ | 0.51 | $ | 0.52 | |||||
The computations of Basic Earnings per Share and Diluted Earnings per Share are as follows: | |||||||||
Six Months Ended | |||||||||
June 30, | |||||||||
2014 | 2013 | ||||||||
Basic Earnings per Share: | |||||||||
Net Income | $ | 12,992 | $ | 12,341 | |||||
Weighted Average Shares Outstanding | 13,194,754 | 12,654,146 | |||||||
Basic Earnings per Share | $ | 0.98 | $ | 0.98 | |||||
Diluted Earnings per Share: | |||||||||
Net Income | $ | 12,992 | $ | 12,341 | |||||
Weighted Average Shares Outstanding | 13,194,754 | 12,654,146 | |||||||
Potentially Dilutive Shares, Net | 21,330 | 17,560 | |||||||
Diluted Weighted Average Shares Outstanding | 13,216,084 | 12,671,706 | |||||||
Diluted Earnings per Share | $ | 0.98 | $ | 0.97 | |||||
Securities_Tables
Securities (Tables) | 6 Months Ended | ||||||||||||||||||||||||
Jun. 30, 2014 | |||||||||||||||||||||||||
Schedule of Investments [Abstract] | ' | ||||||||||||||||||||||||
Amortized Cost, Unrealized Gross Gains and Losses Recognized in Accumulated Other Comprehensive Income (Loss), and Fair Value of Securities Available-for-Sale | ' | ||||||||||||||||||||||||
The amortized cost, unrealized gross gains and losses recognized in accumulated other comprehensive income (loss), and fair value of Securities Available-for-Sale at June 30, 2014 and December 31, 2013, were as follows: | |||||||||||||||||||||||||
Securities Available-for-Sale: | Amortized | Gross | Gross | Fair | |||||||||||||||||||||
Cost | Unrealized | Unrealized | Value | ||||||||||||||||||||||
Gains | Losses | ||||||||||||||||||||||||
30-Jun-14 | |||||||||||||||||||||||||
U.S. Treasury and Agency Securities | $ | 20,000 | $ | — | $ | (679 | ) | $ | 19,321 | ||||||||||||||||
Obligations of State and Political Subdivisions | 125,265 | 4,850 | (159 | ) | 129,956 | ||||||||||||||||||||
Mortgage-backed Securities - Residential | 469,919 | 3,733 | (7,890 | ) | 465,762 | ||||||||||||||||||||
Equity Securities | 353 | — | — | 353 | |||||||||||||||||||||
Total | $ | 615,537 | $ | 8,583 | $ | (8,728 | ) | $ | 615,392 | ||||||||||||||||
31-Dec-13 | |||||||||||||||||||||||||
U.S. Treasury and Agency Securities | $ | 20,000 | $ | — | $ | (1,048 | ) | $ | 18,952 | ||||||||||||||||
Obligations of State and Political Subdivisions | 112,008 | 2,388 | (899 | ) | 113,497 | ||||||||||||||||||||
Mortgage-backed Securities - Residential | 481,724 | 3,497 | (11,991 | ) | 473,230 | ||||||||||||||||||||
Equity Securities | 353 | — | — | 353 | |||||||||||||||||||||
Total | $ | 614,085 | $ | 5,885 | $ | (13,938 | ) | $ | 606,032 | ||||||||||||||||
Carrying Amount, Unrecognized Gains and Losses and Fair Value of Securities Held-to-Maturity | ' | ||||||||||||||||||||||||
The carrying amount, unrecognized gains and losses and fair value of Securities Held-to-Maturity at June 30, 2014 and December 31, 2013, were as follows: | |||||||||||||||||||||||||
Securities Held-to-Maturity: | Carrying | Gross | Gross | Fair | |||||||||||||||||||||
Amount | Unrecognized | Unrecognized | Value | ||||||||||||||||||||||
Gains | Losses | ||||||||||||||||||||||||
30-Jun-14 | |||||||||||||||||||||||||
Obligations of State and Political Subdivisions | $ | 184 | $ | 2 | $ | — | $ | 186 | |||||||||||||||||
31-Dec-13 | |||||||||||||||||||||||||
Obligations of State and Political Subdivisions | $ | 268 | $ | 3 | $ | — | $ | 271 | |||||||||||||||||
Amortized Cost and Fair Value of Securities by Contractual Maturity | ' | ||||||||||||||||||||||||
The amortized cost and fair value of Securities at June 30, 2014 by contractual maturity are shown below. Expected maturities may differ from contractual maturities because some issuers have the right to call or prepay certain obligations with or without call or prepayment penalties. Mortgage-backed and Equity Securities are not due at a single maturity date and are shown separately. | |||||||||||||||||||||||||
Securities Available-for-Sale: | Amortized | Fair | |||||||||||||||||||||||
Cost | Value | ||||||||||||||||||||||||
Due in one year or less | $ | 3,685 | $ | 3,720 | |||||||||||||||||||||
Due after one year through five years | 20,649 | 20,574 | |||||||||||||||||||||||
Due after five years through ten years | 62,544 | 64,374 | |||||||||||||||||||||||
Due after ten years | 58,387 | 60,609 | |||||||||||||||||||||||
Mortgage-backed Securities - Residential | 469,919 | 465,762 | |||||||||||||||||||||||
Equity Securities | 353 | 353 | |||||||||||||||||||||||
Total | $ | 615,537 | $ | 615,392 | |||||||||||||||||||||
Securities Held-to-Maturity: | Carrying | Fair | |||||||||||||||||||||||
Amount | Value | ||||||||||||||||||||||||
Due in one year or less | $ | — | $ | — | |||||||||||||||||||||
Due after one year through five years | 184 | 186 | |||||||||||||||||||||||
Due after five years through ten years | — | — | |||||||||||||||||||||||
Due after ten years | — | — | |||||||||||||||||||||||
Total | $ | 184 | $ | 186 | |||||||||||||||||||||
Proceeds from the sales of Available-for-Sale Securities | ' | ||||||||||||||||||||||||
Proceeds from the Sales of Securities are summarized below: | |||||||||||||||||||||||||
Three Months | Three Months | ||||||||||||||||||||||||
Ended | Ended | ||||||||||||||||||||||||
30-Jun-14 | 30-Jun-13 | ||||||||||||||||||||||||
Proceeds from Sales | $ | 6,983 | $ | 25,972 | |||||||||||||||||||||
Gross Gains on Sales | 244 | 467 | |||||||||||||||||||||||
Income Taxes on Gross Gains | 85 | 163 | |||||||||||||||||||||||
Six Months | Six Months | ||||||||||||||||||||||||
Ended | Ended | ||||||||||||||||||||||||
30-Jun-14 | 30-Jun-13 | ||||||||||||||||||||||||
Proceeds from Sales | $ | 7,237 | $ | 100,721 | |||||||||||||||||||||
Gross Gains on Sales | 472 | 1,080 | |||||||||||||||||||||||
Income Taxes on Gross Gains | 165 | 378 | |||||||||||||||||||||||
Summary of Securities with Unrealized Losses, Presented by Length of Time Securities Have Been in Continuous Unrealized Loss Position | ' | ||||||||||||||||||||||||
Below is a summary of securities with unrealized losses as of June 30, 2014 and December 31, 2013, presented by length of time the securities have been in a continuous unrealized loss position: | |||||||||||||||||||||||||
Less than 12 Months | 12 Months or More | Total | |||||||||||||||||||||||
30-Jun-14 | Fair | Unrealized | Fair | Unrealized | Fair | Unrealized | |||||||||||||||||||
Value | Loss | Value | Loss | Value | Loss | ||||||||||||||||||||
U.S. Treasury and Agency Securities | $ | — | $ | — | $ | 19,321 | $ | (679 | ) | $ | 19,321 | $ | (679 | ) | |||||||||||
Obligations of State and Political Subdivisions | 7,935 | (33 | ) | 4,835 | (126 | ) | 12,770 | (159 | ) | ||||||||||||||||
Mortgage-backed Securities - Residential | 80,549 | (762 | ) | 232,035 | (7,128 | ) | 312,584 | (7,890 | ) | ||||||||||||||||
Equity Securities | — | — | — | — | — | — | |||||||||||||||||||
Total | $ | 88,484 | $ | (795 | ) | $ | 256,191 | $ | (7,933 | ) | $ | 344,675 | $ | (8,728 | ) | ||||||||||
Less than 12 Months | 12 Months or More | Total | |||||||||||||||||||||||
31-Dec-13 | Fair | Unrealized | Fair | Unrealized | Fair | Unrealized | |||||||||||||||||||
Value | Loss | Value | Loss | Value | Loss | ||||||||||||||||||||
U.S. Treasury and Agency Securities | $ | 18,952 | $ | (1,048 | ) | $ | — | $ | — | $ | 18,952 | $ | (1,048 | ) | |||||||||||
Obligations of State and Political Subdivisions | 38,878 | (899 | ) | — | — | 38,878 | (899 | ) | |||||||||||||||||
Mortgage-backed Securities - Residential | 346,028 | (11,903 | ) | 1,735 | (88 | ) | 347,763 | (11,991 | ) | ||||||||||||||||
Equity Securities | — | — | — | — | — | — | |||||||||||||||||||
Total | $ | 403,858 | $ | (13,850 | ) | $ | 1,735 | $ | (88 | ) | $ | 405,593 | $ | (13,938 | ) | ||||||||||
Derivatives_Tables
Derivatives (Tables) | 6 Months Ended | ||||||||||||||||
Jun. 30, 2014 | |||||||||||||||||
Derivative Instruments and Hedging Activities Disclosure [Abstract] | ' | ||||||||||||||||
Derivative Instruments And Hedging Activities | ' | ||||||||||||||||
The following table reflects the fair value hedges included in the Consolidated Balance Sheets as of: | |||||||||||||||||
30-Jun-14 | 31-Dec-13 | ||||||||||||||||
Notional | Fair Value | Notional | Fair Value | ||||||||||||||
Amount | Amount | ||||||||||||||||
Included in Other Assets: | |||||||||||||||||
Interest Rate Swaps | $ | 23,335 | $ | 449 | $ | 17,853 | $ | 866 | |||||||||
Included in Other Liabilities: | |||||||||||||||||
Interest Rate Swaps | $ | 23,335 | $ | 388 | $ | 17,853 | $ | 737 | |||||||||
Derivative Instruments Consolidated Statement | ' | ||||||||||||||||
The following tables present the effect of derivative instruments on the Consolidated Statements of Income for the periods presented: | |||||||||||||||||
Three Months Ended | Six Months Ended | ||||||||||||||||
June 30, | June 30, | ||||||||||||||||
2014 | 2013 | 2014 | 2013 | ||||||||||||||
Interest Rate Swaps: | |||||||||||||||||
Included in Interest Income / (Expense) | $ | — | $ | — | $ | — | $ | — | |||||||||
Included in Other Income / (Expense) | 116 | 549 | 78 | 551 | |||||||||||||
Loans_Tables
Loans (Tables) | 6 Months Ended | ||||||||||||||||||||||||||||||||
Jun. 30, 2014 | |||||||||||||||||||||||||||||||||
Receivables [Abstract] | ' | ||||||||||||||||||||||||||||||||
Components of Loans | ' | ||||||||||||||||||||||||||||||||
Loans were comprised of the following classifications at June 30, 2014 and December 31, 2013: | |||||||||||||||||||||||||||||||||
June 30, | December 31, | ||||||||||||||||||||||||||||||||
2014 | 2013 | ||||||||||||||||||||||||||||||||
Commercial: | |||||||||||||||||||||||||||||||||
Commercial and Industrial Loans and Leases | $ | 366,101 | $ | 350,955 | |||||||||||||||||||||||||||||
Commercial Real Estate Loans | 594,681 | 582,066 | |||||||||||||||||||||||||||||||
Agricultural Loans | 188,155 | 192,880 | |||||||||||||||||||||||||||||||
Retail: | |||||||||||||||||||||||||||||||||
Home Equity Loans | 83,584 | 81,504 | |||||||||||||||||||||||||||||||
Consumer Loans | 46,706 | 49,124 | |||||||||||||||||||||||||||||||
Residential Mortgage Loans | 134,104 | 128,683 | |||||||||||||||||||||||||||||||
Subtotal | 1,413,331 | 1,385,212 | |||||||||||||||||||||||||||||||
Less: Unearned Income | (3,846 | ) | (2,830 | ) | |||||||||||||||||||||||||||||
Allowance for Loan Losses | (15,550 | ) | (14,584 | ) | |||||||||||||||||||||||||||||
Loans, Net | $ | 1,393,935 | $ | 1,367,798 | |||||||||||||||||||||||||||||
Allowance for Loan Losses by Portfolio Class | ' | ||||||||||||||||||||||||||||||||
The following tables present the activity in the allowance for loan losses by portfolio class for the three months ending June 30, 2014 and 2013: | |||||||||||||||||||||||||||||||||
30-Jun-14 | Commercial and Industrial | Commercial Real Estate Loans | Agricultural Loans | Home Equity Loans | Consumer Loans | Residential Mortgage Loans | Unallocated | Total | |||||||||||||||||||||||||
Loans and Leases | |||||||||||||||||||||||||||||||||
Beginning Balance | $ | 5,374 | $ | 7,870 | $ | 930 | $ | 209 | $ | 186 | $ | 257 | $ | 658 | $ | 15,484 | |||||||||||||||||
Provision for Loan Losses | 365 | (695 | ) | 86 | 181 | 171 | 255 | (163 | ) | 200 | |||||||||||||||||||||||
Recoveries | 9 | 27 | — | 42 | 39 | 4 | — | 121 | |||||||||||||||||||||||||
Loans Charged-off | (87 | ) | (3 | ) | — | (14 | ) | (70 | ) | (81 | ) | — | (255 | ) | |||||||||||||||||||
Ending Balance | $ | 5,661 | $ | 7,199 | $ | 1,016 | $ | 418 | $ | 326 | $ | 435 | $ | 495 | $ | 15,550 | |||||||||||||||||
30-Jun-13 | Commercial and Industrial | Commercial Real Estate Loans | Agricultural Loans | Home Equity Loans | Consumer Loans | Residential Mortgage Loans | Unallocated | Total | |||||||||||||||||||||||||
Loans and Leases | |||||||||||||||||||||||||||||||||
Beginning Balance | $ | 4,753 | $ | 8,879 | $ | 766 | $ | 118 | $ | 189 | $ | 300 | $ | 729 | $ | 15,734 | |||||||||||||||||
Provision for Loan Losses | (452 | ) | (53 | ) | 51 | 196 | 43 | (16 | ) | 31 | (200 | ) | |||||||||||||||||||||
Recoveries | 10 | 27 | — | — | 16 | 1 | — | 54 | |||||||||||||||||||||||||
Loans Charged-off | (53 | ) | (217 | ) | — | (1 | ) | (49 | ) | (5 | ) | — | (325 | ) | |||||||||||||||||||
Ending Balance | $ | 4,258 | $ | 8,636 | $ | 817 | $ | 313 | $ | 199 | $ | 280 | $ | 760 | $ | 15,263 | |||||||||||||||||
The following tables present the activity in the allowance for loan losses by portfolio class for the six months ending June 30, 2014 and 2013: | |||||||||||||||||||||||||||||||||
30-Jun-14 | Commercial and Industrial | Commercial Real Estate Loans | Agricultural Loans | Home Equity Loans | Consumer Loans | Residential Mortgage Loans | Unallocated | Total | |||||||||||||||||||||||||
Loans and Leases | |||||||||||||||||||||||||||||||||
Beginning Balance | $ | 3,983 | $ | 8,335 | $ | 946 | $ | 239 | $ | 188 | $ | 281 | $ | 612 | $ | 14,584 | |||||||||||||||||
Provision for Loan Losses | 1,687 | (1,752 | ) | 70 | 181 | 219 | 262 | (117 | ) | 550 | |||||||||||||||||||||||
Recoveries | 78 | 730 | — | 42 | 86 | 8 | — | 944 | |||||||||||||||||||||||||
Loans Charged-off | (87 | ) | (114 | ) | — | (44 | ) | (167 | ) | (116 | ) | — | (528 | ) | |||||||||||||||||||
Ending Balance | $ | 5,661 | $ | 7,199 | $ | 1,016 | $ | 418 | $ | 326 | $ | 435 | $ | 495 | $ | 15,550 | |||||||||||||||||
30-Jun-13 | Commercial and Industrial | Commercial Real Estate Loans | Agricultural Loans | Home Equity Loans | Consumer Loans | Residential Mortgage Loans | Unallocated | Total | |||||||||||||||||||||||||
Loans and Leases | |||||||||||||||||||||||||||||||||
Beginning Balance | $ | 4,555 | $ | 8,931 | $ | 989 | $ | 141 | $ | 214 | $ | 186 | $ | 504 | $ | 15,520 | |||||||||||||||||
Provision for Loan Losses | (257 | ) | (47 | ) | (172 | ) | 237 | 36 | 97 | 256 | 150 | ||||||||||||||||||||||
Recoveries | 13 | 78 | — | — | 71 | 3 | — | 165 | |||||||||||||||||||||||||
Loans Charged-off | (53 | ) | (326 | ) | — | (65 | ) | (122 | ) | (6 | ) | — | (572 | ) | |||||||||||||||||||
Ending Balance | $ | 4,258 | $ | 8,636 | $ | 817 | $ | 313 | $ | 199 | $ | 280 | $ | 760 | $ | 15,263 | |||||||||||||||||
Allowance for Loan Losses and Recorded Investment in Loans by Portfolio Class | ' | ||||||||||||||||||||||||||||||||
The following tables present the balance in the allowance for loan losses and the recorded investment in loans by portfolio class and based on impairment method as of June 30, 2014 and December 31, 2013: | |||||||||||||||||||||||||||||||||
30-Jun-14 | Total | Commercial and Industrial | Commercial Real Estate Loans | Agricultural Loans | Home Equity Loans | Consumer Loans | Residential Mortgage Loans | Unallocated | |||||||||||||||||||||||||
Loans and Leases | |||||||||||||||||||||||||||||||||
Allowance for Loan Losses: | |||||||||||||||||||||||||||||||||
Ending Allowance Balance Attributable to Loans: | |||||||||||||||||||||||||||||||||
Individually Evaluated for Impairment | $ | 1,549 | $ | 213 | $ | 1,336 | $ | — | $ | — | $ | — | $ | — | $ | — | |||||||||||||||||
Collectively Evaluated for Impairment | 13,995 | 5,448 | 5,857 | 1,016 | 418 | 326 | 435 | 495 | |||||||||||||||||||||||||
Acquired with Deteriorated Credit Quality | 6 | — | 6 | — | — | — | — | — | |||||||||||||||||||||||||
Total Ending Allowance Balance | $ | 15,550 | $ | 5,661 | $ | 7,199 | $ | 1,016 | $ | 418 | $ | 326 | $ | 435 | $ | 495 | |||||||||||||||||
Loans: | |||||||||||||||||||||||||||||||||
Loans Individually Evaluated for Impairment | $ | 7,108 | $ | 2,245 | $ | 4,863 | $ | — | $ | — | $ | — | $ | — | $ | — | |||||||||||||||||
Loans Collectively Evaluated for Impairment | 1,399,929 | 364,083 | 581,919 | 190,368 | 83,888 | 46,708 | 132,963 | — | |||||||||||||||||||||||||
Loans Acquired with Deteriorated Credit Quality | 11,552 | 591 | 9,332 | — | — | 126 | 1,503 | — | |||||||||||||||||||||||||
Total Ending Loans Balance(1) | $ | 1,418,589 | $ | 366,919 | $ | 596,114 | $ | 190,368 | $ | 83,888 | $ | 46,834 | $ | 134,466 | $ | — | |||||||||||||||||
(1)Total recorded investment in loans includes $5,258 in accrued interest. | |||||||||||||||||||||||||||||||||
31-Dec-13 | Total | Commercial and Industrial | Commercial Real Estate Loans | Agricultural Loans | Home Equity Loans | Consumer Loans | Residential Mortgage Loans | Unallocated | |||||||||||||||||||||||||
Loans and Leases | |||||||||||||||||||||||||||||||||
Allowance for Loan Losses: | |||||||||||||||||||||||||||||||||
Ending Allowance Balance Attributable to Loans: | |||||||||||||||||||||||||||||||||
Individually Evaluated for Impairment | $ | 3,095 | $ | 45 | $ | 3,050 | $ | — | $ | — | $ | — | $ | — | $ | — | |||||||||||||||||
Collectively Evaluated for Impairment | 11,481 | 3,938 | 5,277 | 946 | 239 | 188 | 281 | 612 | |||||||||||||||||||||||||
Acquired with Deteriorated Credit Quality | 8 | — | 8 | — | — | — | — | — | |||||||||||||||||||||||||
Total Ending Allowance Balance | $ | 14,584 | $ | 3,983 | $ | 8,335 | $ | 946 | $ | 239 | $ | 188 | $ | 281 | $ | 612 | |||||||||||||||||
Loans: | |||||||||||||||||||||||||||||||||
Loans Individually Evaluated for Impairment | $ | 8,458 | $ | 2,114 | $ | 6,344 | $ | — | $ | — | $ | — | $ | — | $ | — | |||||||||||||||||
Loans Collectively Evaluated for Impairment | 1,367,591 | 347,808 | 566,389 | 195,171 | 81,812 | 49,131 | 127,280 | — | |||||||||||||||||||||||||
Loans Acquired with Deteriorated Credit Quality | 14,753 | 1,981 | 10,871 | — | — | 134 | 1,767 | — | |||||||||||||||||||||||||
Total Ending Loans Balance(1) | $ | 1,390,802 | $ | 351,903 | $ | 583,604 | $ | 195,171 | $ | 81,812 | $ | 49,265 | $ | 129,047 | $ | — | |||||||||||||||||
(1)Total recorded investment in loans includes $5,590 in accrued interest. | |||||||||||||||||||||||||||||||||
Loans Individually Evaluated for Impairment by Class of Loans | ' | ||||||||||||||||||||||||||||||||
The following tables present loans individually evaluated for impairment by class of loans as of June 30, 2014 and December 31, 2013: | |||||||||||||||||||||||||||||||||
30-Jun-14 | Unpaid Principal Balance(1) | Recorded Investment | Allowance for Loan Losses Allocated | ||||||||||||||||||||||||||||||
With No Related Allowance Recorded: | |||||||||||||||||||||||||||||||||
Commercial and Industrial Loans and Leases | $ | 2,043 | $ | 2,032 | $ | — | |||||||||||||||||||||||||||
Commercial Real Estate Loans | 3,843 | 2,843 | — | ||||||||||||||||||||||||||||||
Agricultural Loans | — | — | — | ||||||||||||||||||||||||||||||
Subtotal | 5,886 | 4,875 | — | ||||||||||||||||||||||||||||||
With An Allowance Recorded: | |||||||||||||||||||||||||||||||||
Commercial and Industrial Loans and Leases | 216 | 215 | 213 | ||||||||||||||||||||||||||||||
Commercial Real Estate Loans | 2,711 | 2,557 | 1,342 | ||||||||||||||||||||||||||||||
Agricultural Loans | — | — | — | ||||||||||||||||||||||||||||||
Subtotal | 2,927 | 2,772 | 1,555 | ||||||||||||||||||||||||||||||
Total | $ | 8,813 | $ | 7,647 | $ | 1,555 | |||||||||||||||||||||||||||
Loans Acquired With Deteriorated Credit Quality With No Related Allowance Recorded (Included in the Total Above) | $ | 1,355 | $ | 532 | $ | — | |||||||||||||||||||||||||||
Loans Acquired With Deteriorated Credit Quality With An Additional Allowance Recorded (Included in the Total Above) | $ | 31 | $ | 7 | $ | 6 | |||||||||||||||||||||||||||
(1) Unpaid Principal Balance is the remaining contractual payments inclusive of partial charge-offs. | |||||||||||||||||||||||||||||||||
31-Dec-13 | Unpaid Principal Balance(1) | Recorded Investment | Allowance for Loan Losses Allocated | ||||||||||||||||||||||||||||||
With No Related Allowance Recorded: | |||||||||||||||||||||||||||||||||
Commercial and Industrial Loans and Leases | $ | 2,163 | $ | 2,072 | $ | — | |||||||||||||||||||||||||||
Commercial Real Estate Loans | 4,710 | 2,383 | — | ||||||||||||||||||||||||||||||
Agricultural Loans | — | — | — | ||||||||||||||||||||||||||||||
Subtotal | 6,873 | 4,455 | — | ||||||||||||||||||||||||||||||
With An Allowance Recorded: | |||||||||||||||||||||||||||||||||
Commercial and Industrial Loans and Leases | 45 | 45 | 45 | ||||||||||||||||||||||||||||||
Commercial Real Estate Loans | 4,428 | 4,417 | 3,058 | ||||||||||||||||||||||||||||||
Agricultural Loans | — | — | — | ||||||||||||||||||||||||||||||
Subtotal | 4,473 | 4,462 | 3,103 | ||||||||||||||||||||||||||||||
Total | $ | 11,346 | $ | 8,917 | $ | 3,103 | |||||||||||||||||||||||||||
Loans Acquired With Deteriorated Credit Quality With No Related Allowance Recorded (Included in the Total Above) | $ | 987 | $ | 451 | $ | — | |||||||||||||||||||||||||||
Loans Acquired With Deteriorated Credit Quality With An Additional Allowance Recorded (Included in the Total Above) | $ | 33 | $ | 8 | $ | 8 | |||||||||||||||||||||||||||
(1) Unpaid Principal Balance is the remaining contractual payments inclusive of partial charge-offs. | |||||||||||||||||||||||||||||||||
The following tables present loans individually evaluated for impairment by class of loans for the three month period ended June 30, 2014 and 2013: | |||||||||||||||||||||||||||||||||
30-Jun-14 | Average Recorded Investment | Interest Income Recognized | Cash Basis Recognized | ||||||||||||||||||||||||||||||
With No Related Allowance Recorded: | |||||||||||||||||||||||||||||||||
Commercial and Industrial Loans and Leases | $ | 2,176 | $ | 45 | $ | 45 | |||||||||||||||||||||||||||
Commercial Real Estate Loans | 3,326 | 53 | 46 | ||||||||||||||||||||||||||||||
Agricultural Loans | — | — | — | ||||||||||||||||||||||||||||||
Subtotal | 5,502 | 98 | 91 | ||||||||||||||||||||||||||||||
With An Allowance Recorded: | |||||||||||||||||||||||||||||||||
Commercial and Industrial Loans and Leases | 219 | 1 | 1 | ||||||||||||||||||||||||||||||
Commercial Real Estate Loans | 2,588 | 6 | 5 | ||||||||||||||||||||||||||||||
Agricultural Loans | — | — | — | ||||||||||||||||||||||||||||||
Subtotal | 2,807 | 7 | 6 | ||||||||||||||||||||||||||||||
Total | $ | 8,309 | $ | 105 | $ | 97 | |||||||||||||||||||||||||||
Loans Acquired With Deteriorated Credit Quality With No Related Allowance Recorded (Included in the Total Above) | $ | 950 | $ | 1 | $ | 1 | |||||||||||||||||||||||||||
Loans Acquired With Deteriorated Credit Quality With An Additional Allowance Recorded (Included in the Total Above) | $ | 32 | $ | — | $ | — | |||||||||||||||||||||||||||
30-Jun-13 | Average Recorded Investment | Interest Income Recognized | Cash Basis Recognized | ||||||||||||||||||||||||||||||
With No Related Allowance Recorded: | |||||||||||||||||||||||||||||||||
Commercial and Industrial Loans and Leases | $ | 1,993 | $ | — | $ | — | |||||||||||||||||||||||||||
Commercial Real Estate Loans | 2,196 | — | — | ||||||||||||||||||||||||||||||
Agricultural Loans | 2,041 | 127 | 168 | ||||||||||||||||||||||||||||||
Subtotal | 6,230 | 127 | 168 | ||||||||||||||||||||||||||||||
With An Allowance Recorded: | |||||||||||||||||||||||||||||||||
Commercial and Industrial Loans and Leases | 522 | 1 | 1 | ||||||||||||||||||||||||||||||
Commercial Real Estate Loans | 6,276 | 6 | 4 | ||||||||||||||||||||||||||||||
Agricultural Loans | — | — | — | ||||||||||||||||||||||||||||||
Subtotal | 6,798 | 7 | 5 | ||||||||||||||||||||||||||||||
Total | $ | 13,028 | $ | 134 | $ | 173 | |||||||||||||||||||||||||||
Loans Acquired With Deteriorated Credit Quality With No Related Allowance Recorded (Included in the Total Above) | $ | 80 | $ | — | $ | — | |||||||||||||||||||||||||||
Loans Acquired With Deteriorated Credit Quality With An Additional Allowance Recorded (Included in the Total Above) | $ | 363 | $ | 1 | $ | 1 | |||||||||||||||||||||||||||
The following tables present loans individually evaluated for impairment by class of loans for the six month period ended June 30, 2014 and 2013: | |||||||||||||||||||||||||||||||||
30-Jun-14 | Average Recorded Investment | Interest Income Recognized | Cash Basis Recognized | ||||||||||||||||||||||||||||||
With No Related Allowance Recorded: | |||||||||||||||||||||||||||||||||
Commercial and Industrial Loans and Leases | $ | 2,156 | $ | 76 | $ | 77 | |||||||||||||||||||||||||||
Commercial Real Estate Loans | 2,879 | 55 | 48 | ||||||||||||||||||||||||||||||
Agricultural Loans | — | — | — | ||||||||||||||||||||||||||||||
Subtotal | 5,035 | 131 | 125 | ||||||||||||||||||||||||||||||
With An Allowance Recorded: | |||||||||||||||||||||||||||||||||
Commercial and Industrial Loans and Leases | 2,295 | 1 | 1 | ||||||||||||||||||||||||||||||
Commercial Real Estate Loans | 3,416 | 11 | 10 | ||||||||||||||||||||||||||||||
Agricultural Loans | — | — | — | ||||||||||||||||||||||||||||||
Subtotal | 5,711 | 12 | 11 | ||||||||||||||||||||||||||||||
Total | $ | 10,746 | $ | 143 | $ | 136 | |||||||||||||||||||||||||||
Loans Acquired With Deteriorated Credit Quality With No Related Allowance Recorded (Included in the Total Above) | $ | 974 | $ | 3 | $ | 3 | |||||||||||||||||||||||||||
Loans Acquired With Deteriorated Credit Quality With An Additional Allowance Recorded (Included in the Total Above) | $ | 32 | $ | 1 | $ | 1 | |||||||||||||||||||||||||||
30-Jun-13 | Average Recorded Investment | Interest Income Recognized | Cash Basis Recognized | ||||||||||||||||||||||||||||||
With No Related Allowance Recorded: | |||||||||||||||||||||||||||||||||
Commercial and Industrial Loans and Leases | $ | 1,052 | $ | — | $ | 1 | |||||||||||||||||||||||||||
Commercial Real Estate Loans | 2,183 | — | — | ||||||||||||||||||||||||||||||
Agricultural Loans | 2,231 | 175 | 184 | ||||||||||||||||||||||||||||||
Subtotal | 5,466 | 175 | 185 | ||||||||||||||||||||||||||||||
With An Allowance Recorded: | |||||||||||||||||||||||||||||||||
Commercial and Industrial Loans and Leases | 1,528 | 2 | 2 | ||||||||||||||||||||||||||||||
Commercial Real Estate Loans | 6,042 | 11 | 9 | ||||||||||||||||||||||||||||||
Agricultural Loans | — | — | — | ||||||||||||||||||||||||||||||
Subtotal | 7,570 | 13 | 11 | ||||||||||||||||||||||||||||||
Total | $ | 13,036 | $ | 188 | $ | 196 | |||||||||||||||||||||||||||
Loans Acquired With Deteriorated Credit Quality With No Related Allowance Recorded (Included in the Total Above) | $ | 55 | $ | — | $ | — | |||||||||||||||||||||||||||
Loans Acquired With Deteriorated Credit Quality With An Additional Allowance Recorded (Included in the Total Above) | $ | 314 | $ | 1 | $ | 1 | |||||||||||||||||||||||||||
Recorded Investment in Nonaccrual and Loans Past Due Over 90 Days Still On Accrual by Class of Loans | ' | ||||||||||||||||||||||||||||||||
The following table presents the recorded investment in non-accrual loans and loans past due 90 days or more still on accrual by class of loans as of June 30, 2014 and December 31, 2013: | |||||||||||||||||||||||||||||||||
Non-Accrual | Loans Past Due 90 Days | ||||||||||||||||||||||||||||||||
or More & Still Accruing | |||||||||||||||||||||||||||||||||
2014 | 2013 | 2014 | 2013 | ||||||||||||||||||||||||||||||
Commercial and Industrial Loans and Leases | $ | 286 | $ | 31 | $ | 67 | $ | — | |||||||||||||||||||||||||
Commercial Real Estate Loans | 3,720 | 6,658 | — | 8 | |||||||||||||||||||||||||||||
Agricultural Loans | — | — | — | — | |||||||||||||||||||||||||||||
Home Equity Loans | 328 | 114 | — | — | |||||||||||||||||||||||||||||
Consumer Loans | 212 | 236 | — | — | |||||||||||||||||||||||||||||
Residential Mortgage Loans | 1,356 | 1,339 | — | — | |||||||||||||||||||||||||||||
Total | $ | 5,902 | $ | 8,378 | $ | 67 | $ | 8 | |||||||||||||||||||||||||
Loans Acquired With Deteriorated Credit Quality (Included in the Total Above) | $ | 1,346 | $ | 1,705 | $ | — | $ | — | |||||||||||||||||||||||||
Aging of Recorded Investment in Past Due Loans by Class of Loans | ' | ||||||||||||||||||||||||||||||||
The following table presents the aging of the recorded investment in past due loans by class of loans as of June 30, 2014 and December 31, 2013: | |||||||||||||||||||||||||||||||||
30-Jun-14 | Total | 30-59 Days Past Due | 60-89 Days Past Due | 90 Days or More Past Due | Total Past Due | Loans Not Past Due | |||||||||||||||||||||||||||
Commercial and Industrial Loans and Leases | $ | 366,919 | $ | 415 | $ | 46 | $ | 143 | $ | 604 | $ | 366,315 | |||||||||||||||||||||
Commercial Real Estate Loans | 596,114 | 324 | 30 | 1,104 | 1,458 | 594,656 | |||||||||||||||||||||||||||
Agricultural Loans | 190,368 | 266 | — | — | 266 | 190,102 | |||||||||||||||||||||||||||
Home Equity Loans | 83,888 | 454 | 191 | 328 | 973 | 82,915 | |||||||||||||||||||||||||||
Consumer Loans | 46,834 | 191 | 45 | 84 | 320 | 46,514 | |||||||||||||||||||||||||||
Residential Mortgage Loans | 134,466 | 1,886 | 1,159 | 1,147 | 4,192 | 130,274 | |||||||||||||||||||||||||||
Total(1) | $ | 1,418,589 | $ | 3,536 | $ | 1,471 | $ | 2,806 | $ | 7,813 | $ | 1,410,776 | |||||||||||||||||||||
Loans Acquired With Deteriorated Credit Quality (Included in the Total Above) | $ | 11,552 | $ | 146 | $ | — | $ | 744 | $ | 890 | $ | 10,662 | |||||||||||||||||||||
(1)Total recorded investment in loans includes $5,258 in accrued interest. | |||||||||||||||||||||||||||||||||
31-Dec-13 | Total | 30-59 Days Past Due | 60-89 Days Past Due | 90 Days or More Past Due | Total Past Due | Loans Not Past Due | |||||||||||||||||||||||||||
Commercial and Industrial Loans and Leases | $ | 351,903 | $ | 256 | $ | 78 | $ | — | $ | 334 | $ | 351,569 | |||||||||||||||||||||
Commercial Real Estate Loans | 583,604 | 613 | 62 | 2,234 | 2,909 | 580,695 | |||||||||||||||||||||||||||
Agricultural Loans | 195,171 | 62 | — | — | 62 | 195,109 | |||||||||||||||||||||||||||
Home Equity Loans | 81,812 | 303 | 33 | 114 | 450 | 81,362 | |||||||||||||||||||||||||||
Consumer Loans | 49,265 | 149 | 66 | 102 | 317 | 48,948 | |||||||||||||||||||||||||||
Residential Mortgage Loans | 129,047 | 2,206 | 192 | 1,115 | 3,513 | 125,534 | |||||||||||||||||||||||||||
Total(1) | $ | 1,390,802 | $ | 3,589 | $ | 431 | $ | 3,565 | $ | 7,585 | $ | 1,383,217 | |||||||||||||||||||||
Loans Acquired With Deteriorated Credit Quality (Included in the Total Above) | $ | 14,753 | $ | 148 | $ | — | $ | 1,103 | $ | 1,251 | $ | 13,502 | |||||||||||||||||||||
(1)Total recorded investment in loans includes $5,590 in accrued interest. | |||||||||||||||||||||||||||||||||
Troubled Debt Restructurings on Financing Receivables | ' | ||||||||||||||||||||||||||||||||
The following tables present the recorded investment of troubled debt restructurings by class of loans as of June 30, 2014 and December 31, 2013: | |||||||||||||||||||||||||||||||||
30-Jun-14 | Total | Performing | Non-Accrual(1) | ||||||||||||||||||||||||||||||
Commercial and Industrial Loans and Leases | $ | 1,970 | $ | 1,961 | $ | 9 | |||||||||||||||||||||||||||
Commercial Real Estate Loans | 3,694 | 1,674 | 2,020 | ||||||||||||||||||||||||||||||
Total | $ | 5,664 | $ | 3,635 | $ | 2,029 | |||||||||||||||||||||||||||
31-Dec-13 | Total | Performing | Non-Accrual(1) | ||||||||||||||||||||||||||||||
Commercial and Industrial Loans and Leases | $ | 2,092 | $ | 2,086 | $ | 6 | |||||||||||||||||||||||||||
Commercial Real Estate Loans | 4,325 | 364 | 3,961 | ||||||||||||||||||||||||||||||
Total | $ | 6,417 | $ | 2,450 | $ | 3,967 | |||||||||||||||||||||||||||
(1)The non-accrual troubled debt restructurings are included in the Non-Accrual Loan table presented on previous page. | |||||||||||||||||||||||||||||||||
Loans By Class Modified As Troubled Debt Restructurings | ' | ||||||||||||||||||||||||||||||||
The following tables present loans by class modified as troubled debt restructurings that occurred during the three months ending June 30, 2014 and 2013: | |||||||||||||||||||||||||||||||||
30-Jun-14 | Number of Loans | Pre-Modification Outstanding Recorded Investment | Post-Modification Outstanding Recorded Investment | ||||||||||||||||||||||||||||||
Commercial and Industrial Loans and Leases | — | $ | — | $ | — | ||||||||||||||||||||||||||||
Commercial Real Estate Loans | — | — | — | ||||||||||||||||||||||||||||||
Total | — | $ | — | $ | — | ||||||||||||||||||||||||||||
The troubled debt restructurings described above increased the allowance for loan losses by $0 and resulted in charge-offs of $0 during the three months ending June 30, 2014. | |||||||||||||||||||||||||||||||||
30-Jun-13 | Number of Loans | Pre-Modification Outstanding Recorded Investment | Post-Modification Outstanding Recorded Investment | ||||||||||||||||||||||||||||||
Commercial and Industrial Loans and Leases | — | $ | — | $ | — | ||||||||||||||||||||||||||||
Commercial Real Estate Loans | 1 | 81 | 118 | ||||||||||||||||||||||||||||||
Total | 1 | $ | 81 | $ | 118 | ||||||||||||||||||||||||||||
The troubled debt restructurings described above decreased the allowance for loan losses by $210 and resulted in charge-offs of $0 during the three months ending June 30, 2013. | |||||||||||||||||||||||||||||||||
The following tables present loans by class modified as troubled debt restructurings that occurred during the six months ending June 30, 2014 and 2013: | |||||||||||||||||||||||||||||||||
30-Jun-14 | Number of Loans | Pre-Modification Outstanding Recorded Investment | Post-Modification Outstanding Recorded Investment | ||||||||||||||||||||||||||||||
Commercial and Industrial Loans and Leases | — | $ | — | $ | — | ||||||||||||||||||||||||||||
Commercial Real Estate Loans | 1 | 197 | 197 | ||||||||||||||||||||||||||||||
Total | 1 | $ | 197 | $ | 197 | ||||||||||||||||||||||||||||
The troubled debt restructurings described above increased the allowance for loan losses by $0 and resulted in charge-offs of $0 during the six months ending June 30, 2014. | |||||||||||||||||||||||||||||||||
30-Jun-13 | Number of Loans | Pre-Modification Outstanding Recorded Investment | Post-Modification Outstanding Recorded Investment | ||||||||||||||||||||||||||||||
Commercial and Industrial Loans and Leases | — | $ | — | $ | — | ||||||||||||||||||||||||||||
Commercial Real Estate Loans | 1 | 81 | 118 | ||||||||||||||||||||||||||||||
Total | 1 | $ | 81 | $ | 118 | ||||||||||||||||||||||||||||
Troubled Debt Restructurings, Subsequently Defaulted | ' | ||||||||||||||||||||||||||||||||
The following tables present loans by class modified as troubled debt restructurings for which there was a payment default within twelve months following the modification during the three months ending June 30, 2014 and 2013: | |||||||||||||||||||||||||||||||||
Troubled Debt Restructurings That Subsequently Defaulted: | Number of Loans | Recorded Investment | |||||||||||||||||||||||||||||||
June 30, 2014 | |||||||||||||||||||||||||||||||||
Commercial and Industrial Loans and Leases | — | $ | — | ||||||||||||||||||||||||||||||
Commercial Real Estate Loans | — | — | |||||||||||||||||||||||||||||||
Total | — | $ | — | ||||||||||||||||||||||||||||||
The troubled debt restructurings that subsequently defaulted described above resulted in no change to the allowance for loan losses and no charge-offs during the three months ending June 30, 2014. | |||||||||||||||||||||||||||||||||
Troubled Debt Restructurings That Subsequently Defaulted: | Number of Loans | Recorded Investment | |||||||||||||||||||||||||||||||
June 30, 2013 | |||||||||||||||||||||||||||||||||
Commercial and Industrial Loans and Leases | — | $ | — | ||||||||||||||||||||||||||||||
Commercial Real Estate Loans | — | — | |||||||||||||||||||||||||||||||
Total | — | $ | — | ||||||||||||||||||||||||||||||
The following table presents loans by class modified as troubled debt restructurings for which there was a payment default within twelve months following the modification during the six months ending June 30, 2014 and 2013: | |||||||||||||||||||||||||||||||||
Troubled Debt Restructurings That Subsequently Defaulted: | Number of Loans | Recorded Investment | |||||||||||||||||||||||||||||||
June 30, 2014 | |||||||||||||||||||||||||||||||||
Commercial and Industrial Loans and Leases | — | $ | — | ||||||||||||||||||||||||||||||
Commercial Real Estate Loans | — | — | |||||||||||||||||||||||||||||||
Total | — | $ | — | ||||||||||||||||||||||||||||||
The troubled debt restructurings that subsequently defaulted described above resulted in no change to the allowance for loan losses and no charge-offs during the six months ending June 30, 2014. | |||||||||||||||||||||||||||||||||
Troubled Debt Restructurings That Subsequently Defaulted: | Number of Loans | Recorded Investment | |||||||||||||||||||||||||||||||
June 30, 2013 | |||||||||||||||||||||||||||||||||
Commercial and Industrial Loans and Leases | — | $ | — | ||||||||||||||||||||||||||||||
Commercial Real Estate Loans | — | — | |||||||||||||||||||||||||||||||
Total | — | $ | — | ||||||||||||||||||||||||||||||
Risk Category of Loans | ' | ||||||||||||||||||||||||||||||||
Based on the most recent analysis performed, the risk category of loans by class of loans is as follows: | |||||||||||||||||||||||||||||||||
30-Jun-14 | Pass | Special Mention | Substandard | Doubtful | Total | ||||||||||||||||||||||||||||
Commercial and Industrial Loans and Leases | $ | 336,728 | $ | 17,930 | $ | 12,261 | $ | — | $ | 366,919 | |||||||||||||||||||||||
Commercial Real Estate Loans | 556,501 | 23,560 | 16,053 | — | 596,114 | ||||||||||||||||||||||||||||
Agricultural Loans | 185,192 | 4,983 | 193 | — | 190,368 | ||||||||||||||||||||||||||||
Total | $ | 1,078,421 | $ | 46,473 | $ | 28,507 | $ | — | $ | 1,153,401 | |||||||||||||||||||||||
Loans Acquired With Deteriorated Credit Quality (Included in the Total Above) | $ | 3,101 | $ | 1,740 | $ | 5,082 | $ | — | $ | 9,923 | |||||||||||||||||||||||
31-Dec-13 | Pass | Special Mention | Substandard | Doubtful | Total | ||||||||||||||||||||||||||||
Commercial and Industrial Loans and Leases | $ | 324,685 | $ | 15,485 | $ | 11,733 | $ | — | $ | 351,903 | |||||||||||||||||||||||
Commercial Real Estate Loans | 539,533 | 20,168 | 23,903 | — | 583,604 | ||||||||||||||||||||||||||||
Agricultural Loans | 192,609 | 2,357 | 205 | — | 195,171 | ||||||||||||||||||||||||||||
Total | $ | 1,056,827 | $ | 38,010 | $ | 35,841 | $ | — | $ | 1,130,678 | |||||||||||||||||||||||
Loans Acquired With Deteriorated Credit Quality (Included in the Total Above) | $ | 3,121 | $ | 661 | $ | 9,070 | $ | — | $ | 12,852 | |||||||||||||||||||||||
Recorded Investment in Home Equity, Consumer and Residential Mortgage Loans Based on Payment | ' | ||||||||||||||||||||||||||||||||
The following table presents the recorded investment in home equity, consumer and residential mortgage loans based on payment activity as of June 30, 2014 and December 31, 2013: | |||||||||||||||||||||||||||||||||
30-Jun-14 | Home Equity Loans | Consumer Loans | Residential Mortgage Loans | ||||||||||||||||||||||||||||||
Performing | $ | 83,560 | $ | 46,622 | $ | 133,110 | |||||||||||||||||||||||||||
Nonperforming | 328 | 212 | 1,356 | ||||||||||||||||||||||||||||||
Total | $ | 83,888 | $ | 46,834 | $ | 134,466 | |||||||||||||||||||||||||||
Loans Acquired With Deteriorated Credit Quality | $ | — | $ | 126 | $ | 1,503 | |||||||||||||||||||||||||||
(Included in the Total Above) | |||||||||||||||||||||||||||||||||
31-Dec-13 | Home Equity Loans | Consumer Loans | Residential Mortgage Loans | ||||||||||||||||||||||||||||||
Performing | $ | 81,698 | $ | 49,029 | $ | 127,708 | |||||||||||||||||||||||||||
Nonperforming | 114 | 236 | 1,339 | ||||||||||||||||||||||||||||||
Total | $ | 81,812 | $ | 49,265 | $ | 129,047 | |||||||||||||||||||||||||||
Loans Acquired With Deteriorated Credit Quality | $ | — | $ | 134 | $ | 1,767 | |||||||||||||||||||||||||||
(Included in the Total Above) | |||||||||||||||||||||||||||||||||
Carrying Amount of Loans with Deterioration of Credit Quality | ' | ||||||||||||||||||||||||||||||||
The Company has purchased loans, for which there was, at acquisition, evidence of deterioration of credit quality since origination and it was probable, at acquisition, that all contractually required payments would not be collected. The recorded investment of those loans is as follows: | |||||||||||||||||||||||||||||||||
June 30, 2014 | |||||||||||||||||||||||||||||||||
Commercial and Industrial Loans | $ | 591 | |||||||||||||||||||||||||||||||
Commercial Real Estate Loans | 9,332 | ||||||||||||||||||||||||||||||||
Home Equity Loans | — | ||||||||||||||||||||||||||||||||
Consumer Loans | 126 | ||||||||||||||||||||||||||||||||
Residential Mortgage Loans | 1,503 | ||||||||||||||||||||||||||||||||
Total | $ | 11,552 | |||||||||||||||||||||||||||||||
Carrying Amount, Net of Allowance | $ | 11,546 | |||||||||||||||||||||||||||||||
31-Dec-13 | |||||||||||||||||||||||||||||||||
Commercial and Industrial Loans | $ | 1,981 | |||||||||||||||||||||||||||||||
Commercial Real Estate Loans | 10,871 | ||||||||||||||||||||||||||||||||
Home Equity Loans | — | ||||||||||||||||||||||||||||||||
Consumer Loans | 134 | ||||||||||||||||||||||||||||||||
Residential Mortgage Loans | 1,767 | ||||||||||||||||||||||||||||||||
Total | $ | 14,753 | |||||||||||||||||||||||||||||||
Carrying Amount, Net of Allowance | $ | 14,745 | |||||||||||||||||||||||||||||||
Accretable Yield, or Income Expected to be Collected | ' | ||||||||||||||||||||||||||||||||
Accretable yield, or income expected to be collected, is as follows: | |||||||||||||||||||||||||||||||||
2014 | 2013 | ||||||||||||||||||||||||||||||||
Balance at April 1 | $ | 2,712 | $ | 208 | |||||||||||||||||||||||||||||
New Loans Purchased | — | — | |||||||||||||||||||||||||||||||
Accretion of Income | (75 | ) | (234 | ) | |||||||||||||||||||||||||||||
Reclassifications from Non-accretable Difference | — | 208 | |||||||||||||||||||||||||||||||
Charge-off of Accretable Yield | — | — | |||||||||||||||||||||||||||||||
Balance at June 30 | $ | 2,637 | $ | 182 | |||||||||||||||||||||||||||||
Accretable yield, or income expected to be collected, is as follows: | |||||||||||||||||||||||||||||||||
2014 | 2013 | ||||||||||||||||||||||||||||||||
Balance at January 1 | $ | 2,790 | $ | 170 | |||||||||||||||||||||||||||||
New Loans Purchased | — | — | |||||||||||||||||||||||||||||||
Accretion of Income | (153 | ) | (446 | ) | |||||||||||||||||||||||||||||
Reclassifications from Non-accretable Difference | — | 458 | |||||||||||||||||||||||||||||||
Charge-off of Accretable Yield | — | — | |||||||||||||||||||||||||||||||
Balance at June 30 | $ | 2,637 | $ | 182 | |||||||||||||||||||||||||||||
Segment_Information_Tables
Segment Information (Tables) | 6 Months Ended | ||||||||||||||||||||
Jun. 30, 2014 | |||||||||||||||||||||
Segment Reporting [Abstract] | ' | ||||||||||||||||||||
Segment Financial Information | ' | ||||||||||||||||||||
The following segment financial information has been derived from the internal financial statements of German American Bancorp, Inc., which are used by management to monitor and manage the financial performance of the Company. The accounting policies of the three segments are the same as those of the Company. The evaluation process for segments does not include holding company income and expense. Holding company amounts are the primary differences between segment amounts and consolidated totals, and are reflected in the column labeled “Other” below, along with amounts to eliminate transactions between segments. | |||||||||||||||||||||
Core | Trust and Investment Advisory Services | Insurance | Other | Consolidated Totals | |||||||||||||||||
Banking | |||||||||||||||||||||
Three Months Ended | |||||||||||||||||||||
June 30, 2014 | |||||||||||||||||||||
Net Interest Income | $ | 18,434 | $ | 4 | $ | 1 | $ | (118 | ) | $ | 18,321 | ||||||||||
Net Gains on Sales of Loans | 386 | — | — | — | 386 | ||||||||||||||||
Net Gains on Securities | 244 | — | — | — | 244 | ||||||||||||||||
Trust and Investment Product Fees | — | 905 | — | — | 905 | ||||||||||||||||
Insurance Revenues | 8 | 6 | 1,468 | — | 1,482 | ||||||||||||||||
Noncash Items: | |||||||||||||||||||||
Provision for Loan Losses | 200 | — | — | — | 200 | ||||||||||||||||
Depreciation and Amortization | 1,132 | 7 | 30 | 37 | 1,206 | ||||||||||||||||
Income Tax Expense (Benefit) | 2,954 | (65 | ) | 99 | (191 | ) | 2,797 | ||||||||||||||
Segment Profit (Loss) | 6,670 | (103 | ) | 144 | (24 | ) | 6,687 | ||||||||||||||
Segment Assets at June 30, 2014 | 2,201,207 | 11,501 | 5,873 | (25,008 | ) | 2,193,573 | |||||||||||||||
Core | Trust and Investment Advisory Services | Insurance | Other | Consolidated Totals | |||||||||||||||||
Banking | |||||||||||||||||||||
Three Months Ended | |||||||||||||||||||||
June 30, 2013 | |||||||||||||||||||||
Net Interest Income | $ | 17,004 | $ | 6 | $ | 5 | $ | (303 | ) | $ | 16,712 | ||||||||||
Net Gains on Sales of Loans | 809 | — | — | — | 809 | ||||||||||||||||
Net Gains on Securities | 467 | — | — | — | 467 | ||||||||||||||||
Trust and Investment Product Fees | 1 | 813 | — | — | 814 | ||||||||||||||||
Insurance Revenues | 6 | 6 | 1,367 | — | 1,379 | ||||||||||||||||
Noncash Items: | |||||||||||||||||||||
Provision for Loan Losses | (200 | ) | — | — | — | (200 | ) | ||||||||||||||
Depreciation and Amortization | 973 | 8 | 106 | 38 | 1,125 | ||||||||||||||||
Income Tax Expense (Benefit) | 3,626 | (24 | ) | 40 | (413 | ) | 3,229 | ||||||||||||||
Segment Profit (Loss) | 6,833 | (41 | ) | 27 | (287 | ) | 6,532 | ||||||||||||||
Segment Assets at December 31, 2013 | 2,171,837 | 11,663 | 5,636 | (25,309 | ) | 2,163,827 | |||||||||||||||
Core | Trust and Investment Advisory Services | Insurance | Other | Consolidated Totals | |||||||||||||||||
Banking | |||||||||||||||||||||
Six Months Ended | |||||||||||||||||||||
30-Jun-14 | |||||||||||||||||||||
Net Interest Income | $ | 36,747 | $ | 8 | $ | 2 | $ | (240 | ) | $ | 36,517 | ||||||||||
Net Gains on Sales of Loans | 862 | — | — | — | 862 | ||||||||||||||||
Net Gains on Securities | 472 | — | — | — | 472 | ||||||||||||||||
Trust and Investment Product Fees | 2 | 1,825 | — | — | 1,827 | ||||||||||||||||
Insurance Revenues | 5 | 11 | 4,022 | — | 4,038 | ||||||||||||||||
Noncash Items: | |||||||||||||||||||||
Provision for Loan Losses | 550 | — | — | — | 550 | ||||||||||||||||
Depreciation and Amortization | 2,275 | 13 | 59 | 75 | 2,422 | ||||||||||||||||
Income Tax Expense (Benefit) | 5,444 | (107 | ) | 600 | (408 | ) | 5,529 | ||||||||||||||
Segment Profit (Loss) | 12,368 | (172 | ) | 862 | (66 | ) | 12,992 | ||||||||||||||
Segment Assets at June 30, 2014 | 2,201,207 | 11,501 | 5,873 | (25,008 | ) | 2,193,573 | |||||||||||||||
Core | Trust and Investment Advisory Services | Insurance | Other | Consolidated Totals | |||||||||||||||||
Banking | |||||||||||||||||||||
Six Months Ended | |||||||||||||||||||||
30-Jun-13 | |||||||||||||||||||||
Net Interest Income | $ | 33,768 | $ | 11 | $ | 12 | $ | (854 | ) | $ | 32,937 | ||||||||||
Net Gains on Sales of Loans | 1,563 | — | — | — | 1,563 | ||||||||||||||||
Net Gains on Securities | 1,080 | — | — | — | 1,080 | ||||||||||||||||
Trust and Investment Product Fees | 4 | 1,628 | — | (1 | ) | 1,631 | |||||||||||||||
Insurance Revenues | 15 | 19 | 3,129 | — | 3,163 | ||||||||||||||||
Noncash Items: | |||||||||||||||||||||
Provision for Loan Losses | 150 | — | — | — | 150 | ||||||||||||||||
Depreciation and Amortization | 1,923 | 15 | 211 | 75 | 2,224 | ||||||||||||||||
Income Tax Expense (Benefit) | 6,370 | (26 | ) | 187 | (788 | ) | 5,743 | ||||||||||||||
Segment Profit (Loss) | 12,681 | (49 | ) | 238 | (529 | ) | 12,341 | ||||||||||||||
Segment Assets at December 31, 2013 | 2,171,837 | 11,663 | 5,636 | (25,309 | ) | 2,163,827 | |||||||||||||||
Equity_Plans_and_Equity_Based_1
Equity Plans and Equity Based Compensation (Tables) | 6 Months Ended | ||||||||
Jun. 30, 2014 | |||||||||
Disclosure of Compensation Related Costs, Share-based Payments [Abstract] | ' | ||||||||
Expense Recorded For Restricted Stock And Cash Entitlements | ' | ||||||||
The following tables present expense recorded for restricted stock and cash entitlements as well as the related tax effect for the periods presented: | |||||||||
Three Months Ended | |||||||||
June 30, | |||||||||
2014 | 2013 | ||||||||
Restricted Stock Expense | $ | 161 | $ | 85 | |||||
Cash Entitlement Expense | 101 | 54 | |||||||
Tax Effect | (106 | ) | (56 | ) | |||||
Net of Tax | $ | 156 | $ | 83 | |||||
Six Months Ended | |||||||||
June 30, | |||||||||
2014 | 2013 | ||||||||
Restricted Stock Expense | $ | 320 | $ | 170 | |||||
Cash Entitlement Expense | 199 | 108 | |||||||
Tax Effect | (210 | ) | (112 | ) | |||||
Net of Tax | $ | 309 | $ | 166 | |||||
Fair_Value_Tables
Fair Value (Tables) | 6 Months Ended | ||||||||||||||||||||||||
Jun. 30, 2014 | |||||||||||||||||||||||||
Fair Value Disclosures [Abstract] | ' | ||||||||||||||||||||||||
Assets and Liabilities Measured at Fair Value on Recurring Basis | ' | ||||||||||||||||||||||||
Assets and liabilities measured at fair value on a recurring basis, including financial assets and liabilities for which the Company has elected the fair value option, are summarized below: | |||||||||||||||||||||||||
Fair Value Measurements at June 30, 2014 Using | |||||||||||||||||||||||||
Quoted Prices in Active Markets for Identical Assets (Level 1) | Significant Other Observable Inputs (Level 2) | Significant Unobservable Inputs (Level 3) | Total | ||||||||||||||||||||||
Assets: | |||||||||||||||||||||||||
U.S. Treasury and Agency Securities | $ | — | $ | 19,321 | $ | — | $ | 19,321 | |||||||||||||||||
Corporate Securities | — | — | — | — | |||||||||||||||||||||
Obligations of State and Political Subdivisions | — | 119,394 | 10,562 | 129,956 | |||||||||||||||||||||
Mortgage-backed Securities-Residential | — | 465,762 | — | 465,762 | |||||||||||||||||||||
Equity Securities | — | — | 353 | 353 | |||||||||||||||||||||
Total Securities | $ | — | $ | 604,477 | $ | 10,915 | $ | 615,392 | |||||||||||||||||
Loans Held-for-Sale | $ | — | $ | 8,812 | $ | — | $ | 8,812 | |||||||||||||||||
Derivative Assets | $ | — | $ | 449 | $ | — | $ | 449 | |||||||||||||||||
Derivative Liabilities | $ | — | $ | 388 | $ | — | $ | 388 | |||||||||||||||||
Fair Value Measurements at December 31, 2013 Using | |||||||||||||||||||||||||
Quoted Prices in Active Markets for Identical Assets (Level 1) | Significant Other Observable Inputs (Level 2) | Significant Unobservable Inputs (Level 3) | Total | ||||||||||||||||||||||
Assets: | |||||||||||||||||||||||||
U.S. Treasury and Agency Securities | $ | — | $ | 18,952 | $ | — | $ | 18,952 | |||||||||||||||||
Corporate Securities | — | — | — | — | |||||||||||||||||||||
Obligations of State and Political Subdivisions | — | 102,665 | 10,832 | 113,497 | |||||||||||||||||||||
Mortgage-backed Securities-Residential | — | 473,230 | — | 473,230 | |||||||||||||||||||||
Equity Securities | — | — | 353 | 353 | |||||||||||||||||||||
Total Securities | $ | — | $ | 594,847 | $ | 11,185 | $ | 606,032 | |||||||||||||||||
Loans Held-for-Sale | $ | — | $ | 9,265 | $ | — | $ | 9,265 | |||||||||||||||||
Derivative Assets | $ | — | $ | 866 | $ | — | $ | 866 | |||||||||||||||||
Derivative Liabilities | $ | — | $ | 737 | $ | — | $ | 737 | |||||||||||||||||
Reconciliation of all Assets Measured at Fair Value on Recurring Basis, Using Significant Unobservable Inputs (Level 3) | ' | ||||||||||||||||||||||||
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 three and six months ended June 30, 2014 and 2013: | |||||||||||||||||||||||||
Obligations of State and Political Subdivisions | Equity Securities | Corporate Securities | |||||||||||||||||||||||
2014 | 2013 | 2014 | 2013 | 2014 | 2013 | ||||||||||||||||||||
Balance of Recurring Level 3 Assets at April 1 | $ | 10,476 | $ | 11,728 | $ | 353 | $ | 353 | $ | — | $ | — | |||||||||||||
Total Gains or Losses (realized/unrealized) Included in Earnings | 86 | (129 | ) | — | — | — | — | ||||||||||||||||||
Maturities / Calls | — | (160 | ) | — | — | — | — | ||||||||||||||||||
Purchases | — | — | — | — | — | — | |||||||||||||||||||
Balance of Recurring Level 3 Assets at June 30 | $ | 10,562 | $ | 11,439 | $ | 353 | $ | 353 | $ | — | $ | — | |||||||||||||
Obligations of State and Political Subdivisions | Equity Securities | Corporate Securities | |||||||||||||||||||||||
2014 | 2013 | 2014 | 2013 | 2014 | 2013 | ||||||||||||||||||||
Balance of Recurring Level 3 Assets at January 1 | $ | 10,832 | $ | 12,169 | $ | 353 | $ | 353 | $ | — | $ | — | |||||||||||||
Total Gains or Losses (realized/unrealized) Included in Earnings | 155 | (150 | ) | — | — | — | — | ||||||||||||||||||
Maturities / Calls | (425 | ) | (580 | ) | — | — | — | — | |||||||||||||||||
Purchases | — | — | — | — | — | — | |||||||||||||||||||
Balance of Recurring Level 3 Assets at June 30 | $ | 10,562 | $ | 11,439 | $ | 353 | $ | 353 | $ | — | $ | — | |||||||||||||
Assets and Liabilities Measured at Fair Value on Non-Recurring Basis | ' | ||||||||||||||||||||||||
Assets and liabilities measured at fair value on a non-recurring basis are summarized below: | |||||||||||||||||||||||||
Fair Value Measurements at June 30, 2014 Using | |||||||||||||||||||||||||
Quoted Prices in Active Markets for Identical Assets (Level 1) | Significant Other Observable Inputs (Level 2) | Significant Unobservable | Total | ||||||||||||||||||||||
Inputs (Level 3) | |||||||||||||||||||||||||
Assets: | |||||||||||||||||||||||||
Impaired Loans with Specific Allocations | |||||||||||||||||||||||||
Commercial and Industrial Loans | $ | — | $ | — | $ | 2 | $ | 2 | |||||||||||||||||
Commercial Real Estate Loans | — | — | 1,200 | 1,200 | |||||||||||||||||||||
Agricultural Loans | — | — | — | — | |||||||||||||||||||||
Other Real Estate | |||||||||||||||||||||||||
Commercial Real Estate | — | — | — | — | |||||||||||||||||||||
Fair Value Measurements at December 31, 2013 Using | |||||||||||||||||||||||||
Quoted Prices in Active Markets for Identical Assets (Level 1) | Significant Other Observable Inputs (Level 2) | Significant Unobservable | Total | ||||||||||||||||||||||
Inputs (Level 3) | |||||||||||||||||||||||||
Assets: | |||||||||||||||||||||||||
Impaired Loans with Specific Allocations | |||||||||||||||||||||||||
Commercial and Industrial Loans | $ | — | $ | — | $ | — | $ | — | |||||||||||||||||
Commercial Real Estate Loans | — | — | 1,346 | 1,346 | |||||||||||||||||||||
Agricultural Loans | — | — | — | — | |||||||||||||||||||||
Other Real Estate | |||||||||||||||||||||||||
Commercial Real Estate | — | — | 20 | 20 | |||||||||||||||||||||
Fair Value Assets and Liabilities Measured on Nonrecurring Basis Valuation Techniques | ' | ||||||||||||||||||||||||
The following tables present quantitative information about Level 3 fair value measurements for financial instruments measured at fair value on a non-recurring basis at June 30, 2014 and December 31, 2013: | |||||||||||||||||||||||||
June 30, 2014 | Fair Value | Valuation Technique(s) | Unobservable Input(s) | Range (Weighted Average) | |||||||||||||||||||||
Impaired Loans - Commercial and Industrial Loans | $ | 2 | Sales comparison approach | Adjustment for differences between comparable sales | 42%-90% (53%) | ||||||||||||||||||||
Impaired Loans - Commercial Real Estate Loans | $ | 1,200 | Sales comparison approach | Adjustment for physical condition of comparable properties sold | 12%-80% (63%) | ||||||||||||||||||||
Income approach | Adjustment for net operating income generated by the property | ||||||||||||||||||||||||
Cost approach | Adjustment for investor rates of return | ||||||||||||||||||||||||
December 31, 2013 | Fair Value | Valuation Technique(s) | Unobservable Input(s) | Range (Weighted Average) | |||||||||||||||||||||
Impaired Loans - Commercial Real Estate Loans | $ | 1,346 | Sales comparison approach | Adjustment for physical condition of comparable properties sold | 12%-80% (53%) | ||||||||||||||||||||
Income approach | Adjustment for net operating income generated by the property | ||||||||||||||||||||||||
Cost approach | Adjustment for investor rates of return | ||||||||||||||||||||||||
Other Real Estate - Commercial Real Estate Loans | $ | 20 | Sales comparison approach | Adjustment for physical condition of comparable properties sold | 50% (50%) | ||||||||||||||||||||
Income approach | Adjustment for net operating income generated by the property | ||||||||||||||||||||||||
Cost approach | Adjustment for investor rates of return | ||||||||||||||||||||||||
Carrying Amounts and Estimated Fair Values of Company's Financial Instruments | ' | ||||||||||||||||||||||||
The carrying amounts and estimated fair values of the Company’s financial instruments not previously presented are provided in the tables below for the periods ending June 30, 2014 and December 31, 2013. Not all of the Company’s assets and liabilities are considered financial instruments, and therefore are not included in the table. Because no active market exists for a significant portion of the Company’s financial instruments, fair value estimates were based on subjective judgments, and therefore cannot be determined with precision. | |||||||||||||||||||||||||
Fair Value Measurements at | |||||||||||||||||||||||||
June 30, 2014 Using | |||||||||||||||||||||||||
Carrying Value | Level 1 | Level 2 | Level 3 | Total | |||||||||||||||||||||
Financial Assets: | |||||||||||||||||||||||||
Cash and Short-term Investments | $ | 57,214 | $ | 40,391 | $ | 16,823 | $ | — | $ | 57,214 | |||||||||||||||
Securities Held-to-Maturity | 184 | — | 186 | — | 186 | ||||||||||||||||||||
FHLB Stock and Other Restricted Stock | 9,096 | N/A | N/A | N/A | N/A | ||||||||||||||||||||
Loans, Net | 1,392,733 | — | — | 1,391,788 | 1,391,788 | ||||||||||||||||||||
Accrued Interest Receivable | 7,427 | — | 2,023 | 5,404 | 7,427 | ||||||||||||||||||||
Financial Liabilities: | |||||||||||||||||||||||||
Demand, Savings, and Money Market Deposits | (1,408,988 | ) | (1,408,988 | ) | — | — | (1,408,988 | ) | |||||||||||||||||
Time Deposits | (333,391 | ) | — | (335,846 | ) | — | (335,846 | ) | |||||||||||||||||
Short-term Borrowings | (117,987 | ) | — | (117,987 | ) | — | (117,987 | ) | |||||||||||||||||
Long-term Debt | (107,559 | ) | — | (103,516 | ) | (5,358 | ) | (108,874 | ) | ||||||||||||||||
Accrued Interest Payable | (786 | ) | — | (734 | ) | (52 | ) | (786 | ) | ||||||||||||||||
Unrecognized Financial Instruments: | |||||||||||||||||||||||||
Commitments to Extend Credit | — | — | — | — | — | ||||||||||||||||||||
Standby Letters of Credit | — | — | — | — | — | ||||||||||||||||||||
Commitments to Sell Loans | — | — | — | — | — | ||||||||||||||||||||
Fair Value Measurements at | |||||||||||||||||||||||||
December 31, 2013 Using | |||||||||||||||||||||||||
Carrying Value | Level 1 | Level 2 | Level 3 | Total | |||||||||||||||||||||
Financial Assets: | |||||||||||||||||||||||||
Cash and Short-term Investments | $ | 60,232 | $ | 37,370 | $ | 22,862 | $ | — | $ | 60,232 | |||||||||||||||
Securities Held-to-Maturity | 268 | — | 271 | — | 271 | ||||||||||||||||||||
FHLB Stock and Other Restricted Stock | 9,004 | N/A | N/A | N/A | N/A | ||||||||||||||||||||
Loans, Net | 1,366,452 | — | — | 1,370,339 | 1,370,339 | ||||||||||||||||||||
Accrued Interest Receivable | 7,470 | — | 1,918 | 5,552 | 7,470 | ||||||||||||||||||||
Financial Liabilities: | |||||||||||||||||||||||||
Demand, Savings, and Money Market Deposits | (1,463,122 | ) | (1,463,122 | ) | — | — | (1,463,122 | ) | |||||||||||||||||
Time Deposits | (349,034 | ) | — | (351,707 | ) | — | (351,707 | ) | |||||||||||||||||
Short-term Borrowings | (53,533 | ) | — | (53,533 | ) | — | (53,533 | ) | |||||||||||||||||
Long-term Debt | (87,237 | ) | — | (83,329 | ) | (5,311 | ) | (88,640 | ) | ||||||||||||||||
Accrued Interest Payable | (777 | ) | — | (732 | ) | (45 | ) | (777 | ) | ||||||||||||||||
Unrecognized Financial Instruments: | |||||||||||||||||||||||||
Commitments to Extend Credit | — | — | — | — | — | ||||||||||||||||||||
Standby Letters of Credit | — | — | — | — | — | ||||||||||||||||||||
Commitments to Sell Loans | — | — | — | — | — | ||||||||||||||||||||
Other_Comprehensive_Income_Los1
Other Comprehensive Income (Loss) (Tables) | 6 Months Ended | ||||||||||||||||
Jun. 30, 2014 | |||||||||||||||||
Equity [Abstract] | ' | ||||||||||||||||
Schedule of Accumulated Other Comprehensive Income | ' | ||||||||||||||||
The tables below summarize the changes in accumulated other comprehensive income (loss) by component for the three and six months ended June 30, 2014, net of tax: | |||||||||||||||||
Unrealized Gains and Losses on Available-for-Sale Securities | Defined Benefit Pension Items | Postretirement Benefit Items | Total | ||||||||||||||
Beginning Balance at April 1, 2014 | $ | (2,967 | ) | $ | — | $ | (32 | ) | $ | (2,999 | ) | ||||||
Other Comprehensive Income (Loss) Before Reclassification | 2,996 | — | — | 2,996 | |||||||||||||
Amounts Reclassified from Accumulated Other Comprehensive Income (Loss) | (159 | ) | — | — | (159 | ) | |||||||||||
Net Current Period Other Comprehensive Income (Loss) | 2,837 | — | — | 2,837 | |||||||||||||
Ending Balance at June 30, 2014 | $ | (130 | ) | $ | — | $ | (32 | ) | $ | (162 | ) | ||||||
Unrealized Gains and Losses on Available-for-Sale Securities | Defined Benefit Pension Items | Postretirement Benefit Items | Total | ||||||||||||||
Beginning Balance at January 1, 2014 | $ | (5,231 | ) | $ | — | $ | (32 | ) | $ | (5,263 | ) | ||||||
Other Comprehensive Income (Loss) Before Reclassification | 5,408 | — | — | 5,408 | |||||||||||||
Amounts Reclassified from Accumulated Other Comprehensive Income (Loss) | (307 | ) | — | — | (307 | ) | |||||||||||
Net Current Period Other Comprehensive Income (Loss) | 5,101 | — | — | 5,101 | |||||||||||||
Ending Balance at June 30, 2014 | $ | (130 | ) | $ | — | $ | (32 | ) | $ | (162 | ) | ||||||
The tables below summarize the changes in accumulated other comprehensive income (loss) by component for the three and six months ended June 30, 2013, net of tax: | |||||||||||||||||
Unrealized Gains and Losses on Available-for-Sale Securities | Defined Benefit Pension Items | Postretirement Benefit Items | Total | ||||||||||||||
Beginning Balance at April 1, 2013 | $ | 8,407 | $ | (231 | ) | $ | (61 | ) | $ | 8,115 | |||||||
Other Comprehensive Income (Loss) Before Reclassification | (9,376 | ) | — | — | (9,376 | ) | |||||||||||
Amounts Reclassified from Accumulated Other Comprehensive Income (Loss) | (278 | ) | — | — | (278 | ) | |||||||||||
Net Current Period Other Comprehensive Income (Loss) | (9,654 | ) | — | — | (9,654 | ) | |||||||||||
Ending Balance at June 30, 2013 | $ | (1,247 | ) | $ | (231 | ) | $ | (61 | ) | $ | (1,539 | ) | |||||
Unrealized Gains and Losses on Available-for-Sale Securities | Defined Benefit Pension Items | Postretirement Benefit Items | Total | ||||||||||||||
Beginning Balance at January 1, 2013 | $ | 10,643 | $ | (231 | ) | $ | (61 | ) | $ | 10,351 | |||||||
Other Comprehensive Income (Loss) Before Reclassification | (11,247 | ) | — | — | (11,247 | ) | |||||||||||
Amounts Reclassified from Accumulated Other Comprehensive Income (Loss) | (643 | ) | — | — | (643 | ) | |||||||||||
Net Current Period Other Comprehensive Income (Loss) | (11,890 | ) | — | — | (11,890 | ) | |||||||||||
Ending Balance at June 30, 2013 | $ | (1,247 | ) | $ | (231 | ) | $ | (61 | ) | $ | (1,539 | ) | |||||
Classifications out of accumulated other comprehensive income | ' | ||||||||||||||||
The tables below summarize the classifications out of accumulated other comprehensive income (loss) by component for the three and six months ended June 30, 2014: | |||||||||||||||||
Details about Accumulated Other Comprehensive Income (Loss) Components | Amount Reclassified From Accumulated Other Comprehensive Income (Loss) | Affected Line Item in the Statement Where Net Income is Presented | |||||||||||||||
Unrealized Gains and Losses on Available-for-Sale Securities | $ | (244 | ) | Net (Gain) Loss on Securities | |||||||||||||
85 | Income Tax Expense | ||||||||||||||||
(159 | ) | Net of Tax | |||||||||||||||
Total Reclassifications for the Three Months Ended June 30, 2014 | $ | (159 | ) | ||||||||||||||
Details about Accumulated Other Comprehensive Income (Loss) Components | Amount Reclassified From Accumulated Other Comprehensive Income (Loss) | Affected Line Item in the Statement Where Net Income is Presented | |||||||||||||||
Unrealized Gains and Losses on Available-for-Sale Securities | $ | (472 | ) | Net (Gain) Loss on Securities | |||||||||||||
165 | Income Tax Expense | ||||||||||||||||
(307 | ) | Net of Tax | |||||||||||||||
Total Reclassifications for the Six Months Ended June 30, 2014 | $ | (307 | ) | ||||||||||||||
The tables below summarize the classifications out of accumulated other comprehensive income (loss) by component for the three and six months ended June 30, 2013: | |||||||||||||||||
Details about Accumulated Other Comprehensive Income (Loss) Components | Amount Reclassified From Accumulated Other Comprehensive Income (Loss) | Affected Line Item in the Statement Where Net Income is Presented | |||||||||||||||
Unrealized Gains and Losses on Available-for-Sale Securities | $ | (467 | ) | Net (Gain) Loss on Securities | |||||||||||||
189 | Income Tax Expense | ||||||||||||||||
(278 | ) | Net of Tax | |||||||||||||||
Total Reclassifications for the Three Months Ended June 30, 2013 | $ | (278 | ) | ||||||||||||||
Details about Accumulated Other Comprehensive Income (Loss) Components | Amount Reclassified From Accumulated Other Comprehensive Income (Loss) | Affected Line Item in the Statement Where Net Income is Presented | |||||||||||||||
Unrealized Gains and Losses on Available-for-Sale Securities | $ | (1,080 | ) | Net (Gain) Loss on Securities | |||||||||||||
437 | Income Tax Expense | ||||||||||||||||
(643 | ) | Net of Tax | |||||||||||||||
Total Reclassifications for the Six Months Ended June 30, 2013 | $ | (643 | ) |
Per_Share_Data_Computations_of
Per Share Data (Computations of Basic Earnings Per Share and Diluted Earnings Per Share) (Details) (USD $) | 3 Months Ended | 6 Months Ended | ||
In Thousands, except Share data, unless otherwise specified | Jun. 30, 2014 | Jun. 30, 2013 | Jun. 30, 2014 | Jun. 30, 2013 |
Basic Earnings per Share: | ' | ' | ' | ' |
Net Income | $6,687 | $6,532 | $12,992 | $12,341 |
Weighted Average Shares Outstanding | 13,210,150 | 12,666,315 | 13,194,754 | 12,654,146 |
Basic Earnings per Share (USD per share) | $0.51 | $0.52 | $0.98 | $0.98 |
Diluted Earnings per Share: | ' | ' | ' | ' |
Net Income | $6,687 | $6,532 | $12,992 | $12,341 |
Weighted Average Shares Outstanding | 13,210,150 | 12,666,315 | 13,194,754 | 12,654,146 |
Potentially Dilutive Shares, Net | 20,662 | 16,812 | 21,330 | 17,560 |
Diluted Weighted Average Shares Outstanding | 13,230,812 | 12,683,127 | 13,216,084 | 12,671,706 |
Diluted Earnings per Share (USD per share) | $0.51 | $0.52 | $0.98 | $0.97 |
Per_share_Data_Additional_Info
Per share Data (Additional Information) (Details) | 3 Months Ended | 6 Months Ended | ||
Jun. 30, 2014 | Jun. 30, 2013 | Jun. 30, 2014 | Jun. 30, 2013 | |
Earnings Per Share [Abstract] | ' | ' | ' | ' |
Antidilutive securities excluded from computation of earnings per share | 0 | 0 | 0 | 0 |
Securities_Amortized_Cost_Unre
Securities (Amortized Cost, Unrealized Gross Gains and Losses Recognized in Accumulated Other Comprehensive Income (Loss), and Fair Value of Securities Available-for-Sale) (Details) (USD $) | Jun. 30, 2014 | Dec. 31, 2013 |
In Thousands, unless otherwise specified | ||
Schedule of Available-for-sale Securities [Line Items] | ' | ' |
Amortized Cost | $615,537 | $614,085 |
Gross Unrealized Gains | 8,583 | 5,885 |
Gross Unrealized Losses | -8,728 | -13,938 |
Total | 615,392 | 606,032 |
U.S. Treasury and Agency Securities [Member] | ' | ' |
Schedule of Available-for-sale Securities [Line Items] | ' | ' |
Amortized Cost | 20,000 | 20,000 |
Gross Unrealized Gains | 0 | 0 |
Gross Unrealized Losses | -679 | -1,048 |
Total | 19,321 | 18,952 |
Obligations of State and Political Subdivisions [Member] | ' | ' |
Schedule of Available-for-sale Securities [Line Items] | ' | ' |
Amortized Cost | 125,265 | 112,008 |
Gross Unrealized Gains | 4,850 | 2,388 |
Gross Unrealized Losses | -159 | -899 |
Total | 129,956 | 113,497 |
Mortgage-backed Securities - Residential [Member] | ' | ' |
Schedule of Available-for-sale Securities [Line Items] | ' | ' |
Amortized Cost | 469,919 | 481,724 |
Gross Unrealized Gains | 3,733 | 3,497 |
Gross Unrealized Losses | -7,890 | -11,991 |
Total | 465,762 | 473,230 |
Equity Securities [Member] | ' | ' |
Schedule of Available-for-sale Securities [Line Items] | ' | ' |
Amortized Cost | 353 | 353 |
Gross Unrealized Gains | 0 | 0 |
Gross Unrealized Losses | 0 | 0 |
Total | $353 | $353 |
Securities_Carrying_Amount_Unr
Securities (Carrying Amount, Unrecognized Gains and Losses and Fair Value of Securities Held-to-Maturity) (Details) (USD $) | Jun. 30, 2014 | Dec. 31, 2013 |
In Thousands, unless otherwise specified | ||
Schedule of Held-to-maturity Securities [Line Items] | ' | ' |
Total | $184 | $268 |
Fair Value | 186 | 271 |
Obligations of State and Political Subdivisions [Member] | ' | ' |
Schedule of Held-to-maturity Securities [Line Items] | ' | ' |
Total | 184 | 268 |
Gross Unrecognized Gains | 2 | 3 |
Gross Unrecognized Losses | 0 | 0 |
Fair Value | $186 | $271 |
Securities_Amortized_Cost_and_
Securities (Amortized Cost and Fair Value of Securities by Contractual Maturity) (Details) (USD $) | Jun. 30, 2014 | Dec. 31, 2013 |
In Thousands, unless otherwise specified | ||
Securities Available-for-Sale: Amortized cost | ' | ' |
Due in one year or less | $3,685 | ' |
Due after one year through five years | 20,649 | ' |
Due after five years through ten years | 62,544 | ' |
Due after ten years | 58,387 | ' |
Total | 615,537 | 614,085 |
Securities Available-for-Sale, Fair Value | ' | ' |
Due in one year or less | 3,720 | ' |
Due after one year through five years | 20,574 | ' |
Due after five years through ten years | 64,374 | ' |
Due after ten years | 60,609 | ' |
Total | 615,392 | 606,032 |
Securities Held-to-Maturity, Carrying Amount | ' | ' |
Due in one year or less | 0 | ' |
Due after one year through five years | 184 | ' |
Due after five years through ten years | 0 | ' |
Due after ten years | 0 | ' |
Total | 184 | 268 |
Securities Held-to-Maturity, Fair Value | ' | ' |
Due in one year or less | 0 | ' |
Due after one year through five years | 186 | ' |
Due after five years through ten years | 0 | ' |
Due after ten years | 0 | ' |
Total | 186 | 271 |
Mortgage-backed Securities - Residential [Member] | ' | ' |
Securities Available-for-Sale: Amortized cost | ' | ' |
Available-for-Sale, amortized cost | 469,919 | ' |
Total | 469,919 | 481,724 |
Securities Available-for-Sale, Fair Value | ' | ' |
Fair value | 465,762 | ' |
Total | 465,762 | 473,230 |
Equity Securities [Member] | ' | ' |
Securities Available-for-Sale: Amortized cost | ' | ' |
Available-for-Sale, amortized cost | 353 | ' |
Total | 353 | 353 |
Securities Available-for-Sale, Fair Value | ' | ' |
Fair value | 353 | ' |
Total | $353 | $353 |
Securities_Proceeds_from_the_s
Securities (Proceeds from the sales of Available-for-Sale Securities) (Details) (USD $) | 3 Months Ended | 6 Months Ended | ||
In Thousands, unless otherwise specified | Jun. 30, 2014 | Jun. 30, 2013 | Jun. 30, 2014 | Jun. 30, 2013 |
Schedule of Investments [Line Items] | ' | ' | ' | ' |
Proceeds from Sales | ' | ' | $7,237 | $100,721 |
Gross Gains on Sales | 244 | 467 | 472 | 1,080 |
Available-for-sale Securities [Member] | ' | ' | ' | ' |
Schedule of Investments [Line Items] | ' | ' | ' | ' |
Proceeds from Sales | 6,983 | 25,972 | 7,237 | 100,721 |
Gross Gains on Sales | 244 | 467 | 472 | 1,080 |
Income Taxes on Gross Gains | $85 | $163 | $165 | $378 |
Securities_Securities_with_Unr
Securities (Securities with Unrealized Losses, Presented by Length of Time Securities Have Been in Continuous Unrealized Loss Position) (Details) (USD $) | 6 Months Ended | 12 Months Ended |
In Thousands, unless otherwise specified | Jun. 30, 2014 | Dec. 31, 2013 |
Investments, Unrealized Loss Position [Line Items] | ' | ' |
Less than 12 Months Fair Value | $88,484 | $403,858 |
Less than 12 Months Unrealized Loss | -795 | -13,850 |
12 Months or More Fair Value | 256,191 | 1,735 |
12 Months or More Unrealized Loss | -7,933 | -88 |
Total Fair Value | 344,675 | 405,593 |
Total Unrealized Loss | -8,728 | -13,938 |
U.S. Treasury and Agency Securities [Member] | ' | ' |
Investments, Unrealized Loss Position [Line Items] | ' | ' |
Less than 12 Months Fair Value | 0 | 18,952 |
Less than 12 Months Unrealized Loss | 0 | -1,048 |
12 Months or More Fair Value | 19,321 | 0 |
12 Months or More Unrealized Loss | -679 | 0 |
Total Fair Value | 19,321 | 18,952 |
Total Unrealized Loss | -679 | -1,048 |
Obligations of State and Political Subdivisions [Member] | ' | ' |
Investments, Unrealized Loss Position [Line Items] | ' | ' |
Less than 12 Months Fair Value | 7,935 | 38,878 |
Less than 12 Months Unrealized Loss | -33 | -899 |
12 Months or More Fair Value | 4,835 | 0 |
12 Months or More Unrealized Loss | -126 | 0 |
Total Fair Value | 12,770 | 38,878 |
Total Unrealized Loss | -159 | -899 |
Mortgage-backed Securities - Residential [Member] | ' | ' |
Investments, Unrealized Loss Position [Line Items] | ' | ' |
Less than 12 Months Fair Value | 80,549 | 346,028 |
Less than 12 Months Unrealized Loss | -762 | -11,903 |
12 Months or More Fair Value | 232,035 | 1,735 |
12 Months or More Unrealized Loss | -7,128 | -88 |
Total Fair Value | 312,584 | 347,763 |
Total Unrealized Loss | -7,890 | -11,991 |
Equity Securities [Member] | ' | ' |
Investments, Unrealized Loss Position [Line Items] | ' | ' |
Less than 12 Months Fair Value | 0 | 0 |
Less than 12 Months Unrealized Loss | 0 | 0 |
12 Months or More Fair Value | 0 | 0 |
12 Months or More Unrealized Loss | 0 | 0 |
Total Fair Value | 0 | 0 |
Total Unrealized Loss | $0 | $0 |
Derivatives_Additional_Informa
Derivatives (Additional Information) (Details) (USD $) | Jun. 30, 2014 | Dec. 31, 2013 |
In Millions, unless otherwise specified | ||
Derivative Instruments and Hedging Activities Disclosure [Abstract] | ' | ' |
Notional amount | $23.30 | $17.90 |
Offsetting counterparty derivative instruments | $23.30 | $17.90 |
Derivatives_Derivative_Instrum
Derivatives (Derivative Instruments And Hedging Activities) (Details) (USD $) | Jun. 30, 2014 | Dec. 31, 2013 |
In Thousands, unless otherwise specified | ||
Derivative Instruments and Hedging Activities Disclosure [Abstract] | ' | ' |
Derivative Asset, Notional Amount | $23,335 | $17,853 |
Other Assets Interest Rate Swaps Fair Value | 449 | 866 |
Derivative Liability, Notional Amount | 23,335 | 17,853 |
Derivative Liabilities | $388 | $737 |
Derivatives_Derivative_Instrum1
Derivatives (Derivative Instruments Consolidated Statement) (Details) (USD $) | 3 Months Ended | 6 Months Ended | ||
In Thousands, unless otherwise specified | Jun. 30, 2014 | Jun. 30, 2013 | Jun. 30, 2014 | Jun. 30, 2013 |
Derivative Instruments and Hedging Activities Disclosure [Abstract] | ' | ' | ' | ' |
Included in Interest Income / (Expense) | $0 | $0 | $0 | $0 |
Included in Other Income / (Expense) | $116 | $549 | $78 | $551 |
Loans_Components_of_Loans_Deta
Loans (Components of Loans) (Details) (USD $) | Jun. 30, 2014 | Mar. 31, 2014 | Dec. 31, 2013 | Jun. 30, 2013 | Mar. 31, 2013 | Dec. 31, 2012 |
In Thousands, unless otherwise specified | ||||||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ' | ' | ' | ' |
Subtotal | $1,413,331 | ' | $1,385,212 | ' | ' | ' |
Less: Unearned Income | -3,846 | ' | -2,830 | ' | ' | ' |
Allowance for Loan Losses | -15,550 | -15,484 | -14,584 | -15,263 | -15,734 | -15,520 |
Loans, Net | 1,393,935 | ' | 1,367,798 | ' | ' | ' |
Commercial [Member] | ' | ' | ' | ' | ' | ' |
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ' | ' | ' | ' |
Commercial and Industrial Loans and Leases | 366,101 | ' | 350,955 | ' | ' | ' |
Commercial Real Estate Loans | 594,681 | ' | 582,066 | ' | ' | ' |
Agricultural Loans | 188,155 | ' | 192,880 | ' | ' | ' |
Retail [Member] | ' | ' | ' | ' | ' | ' |
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ' | ' | ' | ' |
Home Equity Loans | 83,584 | ' | 81,504 | ' | ' | ' |
Consumer Loans | 46,706 | ' | 49,124 | ' | ' | ' |
Residential Mortgage Loans | $134,104 | ' | $128,683 | ' | ' | ' |
Loans_Allowance_for_Loan_Losse
Loans (Allowance for Loan Losses by Portfolio Class) (Details) (USD $) | 3 Months Ended | 6 Months Ended | ||
In Thousands, unless otherwise specified | Jun. 30, 2014 | Jun. 30, 2013 | Jun. 30, 2014 | Jun. 30, 2013 |
Financing Receivable Allowance For Credit Losses [Line Items] | ' | ' | ' | ' |
Beginning Balance | $15,484 | $15,734 | $14,584 | $15,520 |
Provision for Loan Losses | 200 | -200 | 550 | 150 |
Recoveries | 121 | 54 | 944 | 165 |
Loans Charged-off | -255 | -325 | -528 | -572 |
Ending Balance | 15,550 | 15,263 | 15,550 | 15,263 |
Commercial and Industrial Loans and Leases [Member] | ' | ' | ' | ' |
Financing Receivable Allowance For Credit Losses [Line Items] | ' | ' | ' | ' |
Beginning Balance | 5,374 | 4,753 | 3,983 | 4,555 |
Provision for Loan Losses | 365 | -452 | 1,687 | -257 |
Recoveries | 9 | 10 | 78 | 13 |
Loans Charged-off | -87 | -53 | -87 | -53 |
Ending Balance | 5,661 | 4,258 | 5,661 | 4,258 |
Commercial Real Estate Loans [Member] | ' | ' | ' | ' |
Financing Receivable Allowance For Credit Losses [Line Items] | ' | ' | ' | ' |
Beginning Balance | 7,870 | 8,879 | 8,335 | 8,931 |
Provision for Loan Losses | -695 | -53 | -1,752 | -47 |
Recoveries | 27 | 27 | 730 | 78 |
Loans Charged-off | -3 | -217 | -114 | -326 |
Ending Balance | 7,199 | 8,636 | 7,199 | 8,636 |
Agricultural Loans [Member] | ' | ' | ' | ' |
Financing Receivable Allowance For Credit Losses [Line Items] | ' | ' | ' | ' |
Beginning Balance | 930 | 766 | 946 | 989 |
Provision for Loan Losses | 86 | 51 | 70 | -172 |
Recoveries | 0 | 0 | 0 | 0 |
Loans Charged-off | 0 | 0 | 0 | 0 |
Ending Balance | 1,016 | 817 | 1,016 | 817 |
Home Equity Loans [Member] | ' | ' | ' | ' |
Financing Receivable Allowance For Credit Losses [Line Items] | ' | ' | ' | ' |
Beginning Balance | 209 | 118 | 239 | 141 |
Provision for Loan Losses | 181 | 196 | 181 | 237 |
Recoveries | 42 | 0 | 42 | 0 |
Loans Charged-off | -14 | -1 | -44 | -65 |
Ending Balance | 418 | 313 | 418 | 313 |
Consumer Loans [Member] | ' | ' | ' | ' |
Financing Receivable Allowance For Credit Losses [Line Items] | ' | ' | ' | ' |
Beginning Balance | 186 | 189 | 188 | 214 |
Provision for Loan Losses | 171 | 43 | 219 | 36 |
Recoveries | 39 | 16 | 86 | 71 |
Loans Charged-off | -70 | -49 | -167 | -122 |
Ending Balance | 326 | 199 | 326 | 199 |
Residential Mortgage Loans [Member] | ' | ' | ' | ' |
Financing Receivable Allowance For Credit Losses [Line Items] | ' | ' | ' | ' |
Beginning Balance | 257 | 300 | 281 | 186 |
Provision for Loan Losses | 255 | -16 | 262 | 97 |
Recoveries | 4 | 1 | 8 | 3 |
Loans Charged-off | -81 | -5 | -116 | -6 |
Ending Balance | 435 | 280 | 435 | 280 |
Unallocated [Member] | ' | ' | ' | ' |
Financing Receivable Allowance For Credit Losses [Line Items] | ' | ' | ' | ' |
Beginning Balance | 658 | 729 | 612 | 504 |
Provision for Loan Losses | -163 | 31 | -117 | 256 |
Recoveries | 0 | 0 | 0 | 0 |
Loans Charged-off | 0 | 0 | 0 | 0 |
Ending Balance | $495 | $760 | $495 | $760 |
Loans_Allowance_for_Loan_Losse1
Loans (Allowance for Loan Losses and Recorded Investment in Loans by Portfolio Class) (Details) (USD $) | Jun. 30, 2014 | Mar. 31, 2014 | Dec. 31, 2013 | Jun. 30, 2013 | Mar. 31, 2013 | Dec. 31, 2012 | ||
In Thousands, unless otherwise specified | ||||||||
Allowance for Loan Losses: | ' | ' | ' | ' | ' | ' | ||
Individually Evaluated for Impairment | $1,549 | ' | $3,095 | ' | ' | ' | ||
Collectively Evaluated for Impairment | 13,995 | ' | 11,481 | ' | ' | ' | ||
Acquired with Deteriorated Credit Quality | 6 | ' | 8 | ' | ' | ' | ||
Total Ending Allowance Balance | 15,550 | 15,484 | 14,584 | 15,263 | 15,734 | 15,520 | ||
Loans: | ' | ' | ' | ' | ' | ' | ||
Loans Individually Evaluated for Impairment | 7,108 | ' | 8,458 | ' | ' | ' | ||
Loans Collectively Evaluated for Impairment | 1,399,929 | ' | 1,367,591 | ' | ' | ' | ||
Loans Acquired with Deteriorated Credit Quality | 11,552 | ' | 14,753 | ' | ' | ' | ||
Total Ending Loans Balance | 1,418,589 | [1] | ' | 1,390,802 | [2] | ' | ' | ' |
Commercial and Industrial Loans and Leases [Member] | ' | ' | ' | ' | ' | ' | ||
Allowance for Loan Losses: | ' | ' | ' | ' | ' | ' | ||
Individually Evaluated for Impairment | 213 | ' | 45 | ' | ' | ' | ||
Collectively Evaluated for Impairment | 5,448 | ' | 3,938 | ' | ' | ' | ||
Acquired with Deteriorated Credit Quality | 0 | ' | 0 | ' | ' | ' | ||
Total Ending Allowance Balance | 5,661 | 5,374 | 3,983 | 4,258 | 4,753 | 4,555 | ||
Loans: | ' | ' | ' | ' | ' | ' | ||
Loans Individually Evaluated for Impairment | 2,245 | ' | 2,114 | ' | ' | ' | ||
Loans Collectively Evaluated for Impairment | 364,083 | ' | 347,808 | ' | ' | ' | ||
Loans Acquired with Deteriorated Credit Quality | 591 | ' | 1,981 | ' | ' | ' | ||
Total Ending Loans Balance | 366,919 | [1] | ' | 351,903 | [2] | ' | ' | ' |
Commercial Real Estate Loans [Member] | ' | ' | ' | ' | ' | ' | ||
Allowance for Loan Losses: | ' | ' | ' | ' | ' | ' | ||
Individually Evaluated for Impairment | 1,336 | ' | 3,050 | ' | ' | ' | ||
Collectively Evaluated for Impairment | 5,857 | ' | 5,277 | ' | ' | ' | ||
Acquired with Deteriorated Credit Quality | 6 | ' | 8 | ' | ' | ' | ||
Total Ending Allowance Balance | 7,199 | 7,870 | 8,335 | 8,636 | 8,879 | 8,931 | ||
Loans: | ' | ' | ' | ' | ' | ' | ||
Loans Individually Evaluated for Impairment | 4,863 | ' | 6,344 | ' | ' | ' | ||
Loans Collectively Evaluated for Impairment | 581,919 | ' | 566,389 | ' | ' | ' | ||
Loans Acquired with Deteriorated Credit Quality | 9,332 | ' | 10,871 | ' | ' | ' | ||
Total Ending Loans Balance | 596,114 | [1] | ' | 583,604 | [2] | ' | ' | ' |
Agricultural Loans [Member] | ' | ' | ' | ' | ' | ' | ||
Allowance for Loan Losses: | ' | ' | ' | ' | ' | ' | ||
Individually Evaluated for Impairment | 0 | ' | 0 | ' | ' | ' | ||
Collectively Evaluated for Impairment | 1,016 | ' | 946 | ' | ' | ' | ||
Acquired with Deteriorated Credit Quality | 0 | ' | 0 | ' | ' | ' | ||
Total Ending Allowance Balance | 1,016 | 930 | 946 | 817 | 766 | 989 | ||
Loans: | ' | ' | ' | ' | ' | ' | ||
Loans Individually Evaluated for Impairment | 0 | ' | 0 | ' | ' | ' | ||
Loans Collectively Evaluated for Impairment | 190,368 | ' | 195,171 | ' | ' | ' | ||
Loans Acquired with Deteriorated Credit Quality | 0 | ' | 0 | ' | ' | ' | ||
Total Ending Loans Balance | 190,368 | [1] | ' | 195,171 | [2] | ' | ' | ' |
Home Equity Loans [Member] | ' | ' | ' | ' | ' | ' | ||
Allowance for Loan Losses: | ' | ' | ' | ' | ' | ' | ||
Individually Evaluated for Impairment | 0 | ' | 0 | ' | ' | ' | ||
Collectively Evaluated for Impairment | 418 | ' | 239 | ' | ' | ' | ||
Acquired with Deteriorated Credit Quality | 0 | ' | 0 | ' | ' | ' | ||
Total Ending Allowance Balance | 418 | 209 | 239 | 313 | 118 | 141 | ||
Loans: | ' | ' | ' | ' | ' | ' | ||
Loans Individually Evaluated for Impairment | 0 | ' | 0 | ' | ' | ' | ||
Loans Collectively Evaluated for Impairment | 83,888 | ' | 81,812 | ' | ' | ' | ||
Loans Acquired with Deteriorated Credit Quality | 0 | ' | 0 | ' | ' | ' | ||
Total Ending Loans Balance | 83,888 | [1] | ' | 81,812 | [2] | ' | ' | ' |
Consumer Loans [Member] | ' | ' | ' | ' | ' | ' | ||
Allowance for Loan Losses: | ' | ' | ' | ' | ' | ' | ||
Individually Evaluated for Impairment | 0 | ' | 0 | ' | ' | ' | ||
Collectively Evaluated for Impairment | 326 | ' | 188 | ' | ' | ' | ||
Acquired with Deteriorated Credit Quality | 0 | ' | 0 | ' | ' | ' | ||
Total Ending Allowance Balance | 326 | 186 | 188 | 199 | 189 | 214 | ||
Loans: | ' | ' | ' | ' | ' | ' | ||
Loans Individually Evaluated for Impairment | 0 | ' | 0 | ' | ' | ' | ||
Loans Collectively Evaluated for Impairment | 46,708 | ' | 49,131 | ' | ' | ' | ||
Loans Acquired with Deteriorated Credit Quality | 126 | ' | 134 | ' | ' | ' | ||
Total Ending Loans Balance | 46,834 | [1] | ' | 49,265 | [2] | ' | ' | ' |
Residential Mortgage Loans [Member] | ' | ' | ' | ' | ' | ' | ||
Allowance for Loan Losses: | ' | ' | ' | ' | ' | ' | ||
Individually Evaluated for Impairment | 0 | ' | 0 | ' | ' | ' | ||
Collectively Evaluated for Impairment | 435 | ' | 281 | ' | ' | ' | ||
Acquired with Deteriorated Credit Quality | 0 | ' | 0 | ' | ' | ' | ||
Total Ending Allowance Balance | 435 | 257 | 281 | 280 | 300 | 186 | ||
Loans: | ' | ' | ' | ' | ' | ' | ||
Loans Individually Evaluated for Impairment | 0 | ' | 0 | ' | ' | ' | ||
Loans Collectively Evaluated for Impairment | 132,963 | ' | 127,280 | ' | ' | ' | ||
Loans Acquired with Deteriorated Credit Quality | 1,503 | ' | 1,767 | ' | ' | ' | ||
Total Ending Loans Balance | 134,466 | [1] | ' | 129,047 | [2] | ' | ' | ' |
Unallocated [Member] | ' | ' | ' | ' | ' | ' | ||
Allowance for Loan Losses: | ' | ' | ' | ' | ' | ' | ||
Individually Evaluated for Impairment | 0 | ' | 0 | ' | ' | ' | ||
Collectively Evaluated for Impairment | 495 | ' | 612 | ' | ' | ' | ||
Acquired with Deteriorated Credit Quality | 0 | ' | 0 | ' | ' | ' | ||
Total Ending Allowance Balance | 495 | 658 | 612 | 760 | 729 | 504 | ||
Loans: | ' | ' | ' | ' | ' | ' | ||
Loans Individually Evaluated for Impairment | 0 | ' | 0 | ' | ' | ' | ||
Loans Collectively Evaluated for Impairment | 0 | ' | 0 | ' | ' | ' | ||
Loans Acquired with Deteriorated Credit Quality | 0 | ' | 0 | ' | ' | ' | ||
Total Ending Loans Balance | $0 | [1] | ' | $0 | [2] | ' | ' | ' |
[1] | Total recorded investment in loans includes $5,258 in accrued interest. | |||||||
[2] | Total recorded investment in loans includes $5,590 in accrued interest. |
Loans_Allowance_for_Loan_Losse2
Loans (Allowance for Loan Losses and Recorded Investment in Loans by Portfolio Class) (Parenthetical) (Details) (USD $) | Jun. 30, 2014 | Dec. 31, 2013 |
In Thousands, unless otherwise specified | ||
Receivables [Abstract] | ' | ' |
Accrued interest | $5,258 | $5,590 |
Loans_Loans_Individually_Evalu
Loans (Loans Individually Evaluated for Impairment by Class of Loans) (Details) (USD $) | 3 Months Ended | 6 Months Ended | ||||||
In Thousands, unless otherwise specified | Jun. 30, 2014 | Jun. 30, 2013 | Jun. 30, 2014 | Jun. 30, 2013 | Dec. 31, 2013 | |||
With An Allowance Recorded: | ' | ' | ' | ' | ' | |||
Unpaid Principal Balance | $2,757 | ' | $2,757 | ' | $4,449 | |||
Allowance for Loan Losses Allocated | 1,555 | ' | 1,555 | ' | 3,103 | |||
Unpaid Principal Balance | 8,813 | [1] | ' | 8,813 | [1] | ' | 11,346 | [1] |
Recorded Investment | 7,647 | ' | 7,647 | ' | 8,917 | |||
Average Recorded Investment | 8,309 | 13,028 | 10,746 | 13,036 | ' | |||
Interest Income Recognized | 105 | 134 | 143 | 188 | ' | |||
Cash Basis Recognized | 97 | 173 | 136 | 196 | ' | |||
Commercial and Industrial Loans and Leases [Member] | ' | ' | ' | ' | ' | |||
With No Related Allowance Recorded: | ' | ' | ' | ' | ' | |||
Unpaid Principal Balance | 2,043 | [1] | ' | 2,043 | [1] | ' | 2,163 | [1] |
Recorded Investment | 2,032 | ' | 2,032 | ' | 2,072 | |||
Average Recorded Investment | 2,176 | 1,993 | 2,156 | 1,052 | ' | |||
Interest Income Recognized | 45 | 0 | 76 | 0 | ' | |||
Cash Basis Recognized | 45 | 0 | 77 | 1 | ' | |||
With An Allowance Recorded: | ' | ' | ' | ' | ' | |||
Unpaid Principal Balance | 216 | [1] | ' | 216 | [1] | ' | 45 | [1] |
Recorded Investment | 215 | ' | 215 | ' | 45 | |||
Allowance for Loan Losses Allocated | 213 | ' | 213 | ' | 45 | |||
Average Recorded Investment | 219 | 522 | 2,295 | 1,528 | ' | |||
Interest Income Recognized | 1 | 1 | 1 | 2 | ' | |||
Cash Basis Recognized | 1 | 1 | 1 | 2 | ' | |||
Commercial Real Estate Loans [Member] | ' | ' | ' | ' | ' | |||
With No Related Allowance Recorded: | ' | ' | ' | ' | ' | |||
Unpaid Principal Balance | 3,843 | [1] | ' | 3,843 | [1] | ' | 4,710 | [1] |
Recorded Investment | 2,843 | ' | 2,843 | ' | 2,383 | |||
Average Recorded Investment | 3,326 | 2,196 | 2,879 | 2,183 | ' | |||
Interest Income Recognized | 53 | 0 | 55 | 0 | ' | |||
Cash Basis Recognized | 46 | 0 | 48 | 0 | ' | |||
With An Allowance Recorded: | ' | ' | ' | ' | ' | |||
Unpaid Principal Balance | 2,711 | [1] | ' | 2,711 | [1] | ' | 4,428 | [1] |
Recorded Investment | 2,557 | ' | 2,557 | ' | 4,417 | |||
Allowance for Loan Losses Allocated | 1,342 | ' | 1,342 | ' | 3,058 | |||
Average Recorded Investment | 2,588 | 6,276 | 3,416 | 6,042 | ' | |||
Interest Income Recognized | 6 | 6 | 11 | 11 | ' | |||
Cash Basis Recognized | 5 | 4 | 10 | 9 | ' | |||
Agricultural Loans [Member] | ' | ' | ' | ' | ' | |||
With No Related Allowance Recorded: | ' | ' | ' | ' | ' | |||
Unpaid Principal Balance | 0 | [1] | ' | 0 | [1] | ' | 0 | [1] |
Recorded Investment | 0 | ' | 0 | ' | 0 | |||
Average Recorded Investment | 0 | 2,041 | 0 | 2,231 | ' | |||
Interest Income Recognized | 0 | 127 | 0 | 175 | ' | |||
Cash Basis Recognized | 0 | 168 | 0 | 184 | ' | |||
With An Allowance Recorded: | ' | ' | ' | ' | ' | |||
Unpaid Principal Balance | 0 | [1] | ' | 0 | [1] | ' | 0 | [1] |
Recorded Investment | 0 | ' | 0 | ' | 0 | |||
Allowance for Loan Losses Allocated | 0 | ' | 0 | ' | 0 | |||
Average Recorded Investment | 0 | 0 | 0 | 0 | ' | |||
Interest Income Recognized | 0 | 0 | 0 | 0 | ' | |||
Cash Basis Recognized | 0 | 0 | 0 | 0 | ' | |||
Subtotal [Member] | ' | ' | ' | ' | ' | |||
With No Related Allowance Recorded: | ' | ' | ' | ' | ' | |||
Unpaid Principal Balance | 5,886 | [1] | ' | 5,886 | [1] | ' | 6,873 | [1] |
Recorded Investment | 4,875 | ' | 4,875 | ' | 4,455 | |||
Average Recorded Investment | 5,502 | 6,230 | 5,035 | 5,466 | ' | |||
Interest Income Recognized | 98 | 127 | 131 | 175 | ' | |||
Cash Basis Recognized | 91 | 168 | 125 | 185 | ' | |||
With An Allowance Recorded: | ' | ' | ' | ' | ' | |||
Unpaid Principal Balance | 2,927 | [1] | ' | 2,927 | [1] | ' | 4,473 | [1] |
Recorded Investment | 2,772 | ' | 2,772 | ' | 4,462 | |||
Allowance for Loan Losses Allocated | 1,555 | ' | 1,555 | ' | 3,103 | |||
Average Recorded Investment | 2,807 | 6,798 | 5,711 | 7,570 | ' | |||
Interest Income Recognized | 7 | 7 | 12 | 13 | ' | |||
Cash Basis Recognized | 6 | 5 | 11 | 11 | ' | |||
Loans Acquired With Deteriorated Credit Quality With No Related Allowance Recorded [Member] | ' | ' | ' | ' | ' | |||
With No Related Allowance Recorded: | ' | ' | ' | ' | ' | |||
Unpaid Principal Balance | 1,355 | [1] | ' | 1,355 | [1] | ' | 987 | [1] |
Recorded Investment | 532 | ' | 532 | ' | 451 | |||
Average Recorded Investment | 950 | 80 | 974 | 55 | ' | |||
Interest Income Recognized | 1 | 0 | 3 | 0 | ' | |||
Cash Basis Recognized | 1 | 0 | 3 | 0 | ' | |||
Loans Acquired With Deteriorated Credit Quality With Additional Allowance Recorded [Member] | ' | ' | ' | ' | ' | |||
With An Allowance Recorded: | ' | ' | ' | ' | ' | |||
Unpaid Principal Balance | 31 | [1] | ' | 31 | [1] | ' | 33 | [1] |
Recorded Investment | 7 | ' | 7 | ' | 8 | |||
Allowance for Loan Losses Allocated | 6 | ' | 6 | ' | 8 | |||
Average Recorded Investment | 32 | 363 | 32 | 314 | ' | |||
Interest Income Recognized | 0 | 1 | 1 | 1 | ' | |||
Cash Basis Recognized | $0 | $1 | $1 | $1 | ' | |||
[1] | Unpaid Principal Balance is the remaining contractual payments inclusive of partial charge-offs. |
Loans_Recorded_Investment_in_N
Loans (Recorded Investment in Nonaccrual and Loans Past Due Over 90 Days Still On Accrual by Class of Loans) (Details) (USD $) | Jun. 30, 2014 | Jun. 30, 2013 |
In Thousands, unless otherwise specified | ||
Financing Receivable, Recorded Investment, Past Due [Line Items] | ' | ' |
Non-Accrual | $5,902 | $8,378 |
Loans Past Due 90 Days or More & Still Accruing | 67 | 8 |
Commercial and Industrial Loans and Leases [Member] | ' | ' |
Financing Receivable, Recorded Investment, Past Due [Line Items] | ' | ' |
Non-Accrual | 286 | 31 |
Loans Past Due 90 Days or More & Still Accruing | 67 | 0 |
Commercial Real Estate Loans [Member] | ' | ' |
Financing Receivable, Recorded Investment, Past Due [Line Items] | ' | ' |
Non-Accrual | 3,720 | 6,658 |
Loans Past Due 90 Days or More & Still Accruing | 0 | 8 |
Agricultural Loans [Member] | ' | ' |
Financing Receivable, Recorded Investment, Past Due [Line Items] | ' | ' |
Non-Accrual | 0 | 0 |
Loans Past Due 90 Days or More & Still Accruing | 0 | 0 |
Home Equity Loans [Member] | ' | ' |
Financing Receivable, Recorded Investment, Past Due [Line Items] | ' | ' |
Non-Accrual | 328 | 114 |
Loans Past Due 90 Days or More & Still Accruing | 0 | 0 |
Consumer Loans [Member] | ' | ' |
Financing Receivable, Recorded Investment, Past Due [Line Items] | ' | ' |
Non-Accrual | 212 | 236 |
Loans Past Due 90 Days or More & Still Accruing | 0 | 0 |
Residential Mortgage Loans [Member] | ' | ' |
Financing Receivable, Recorded Investment, Past Due [Line Items] | ' | ' |
Non-Accrual | 1,356 | 1,339 |
Loans Past Due 90 Days or More & Still Accruing | 0 | 0 |
Loans Acquired With Deteriorated Credit Quality [Member] | ' | ' |
Financing Receivable, Recorded Investment, Past Due [Line Items] | ' | ' |
Non-Accrual | 1,346 | 1,705 |
Loans Past Due 90 Days or More & Still Accruing | $0 | $0 |
Loans_Aging_of_Recorded_Invest
Loans (Aging of Recorded Investment in Past Due Loans by Class of Loans) (Details) (USD $) | Jun. 30, 2014 | Dec. 31, 2013 | ||
In Thousands, unless otherwise specified | ||||
Financing Receivable, Recorded Investment, Past Due [Line Items] | ' | ' | ||
Total Ending Loans Balance | $1,418,589 | [1] | $1,390,802 | [2] |
30-59 Days Past Due | 3,536 | [1] | 3,589 | [2] |
60-89 Days Past Due | 1,471 | [1] | 431 | [2] |
90 Days or More Past Due | 2,806 | [1] | 3,565 | [2] |
Total Past Due | 7,813 | [1] | 7,585 | [2] |
Loans Not Past Due | 1,410,776 | [1] | 1,383,217 | [2] |
Commercial and Industrial Loans and Leases [Member] | ' | ' | ||
Financing Receivable, Recorded Investment, Past Due [Line Items] | ' | ' | ||
Total Ending Loans Balance | 366,919 | [1] | 351,903 | [2] |
30-59 Days Past Due | 415 | 256 | ||
60-89 Days Past Due | 46 | 78 | ||
90 Days or More Past Due | 143 | 0 | ||
Total Past Due | 604 | 334 | ||
Loans Not Past Due | 366,315 | 351,569 | ||
Commercial Real Estate Loans [Member] | ' | ' | ||
Financing Receivable, Recorded Investment, Past Due [Line Items] | ' | ' | ||
Total Ending Loans Balance | 596,114 | [1] | 583,604 | [2] |
30-59 Days Past Due | 324 | 613 | ||
60-89 Days Past Due | 30 | 62 | ||
90 Days or More Past Due | 1,104 | 2,234 | ||
Total Past Due | 1,458 | 2,909 | ||
Loans Not Past Due | 594,656 | 580,695 | ||
Agricultural Loans [Member] | ' | ' | ||
Financing Receivable, Recorded Investment, Past Due [Line Items] | ' | ' | ||
Total Ending Loans Balance | 190,368 | [1] | 195,171 | [2] |
30-59 Days Past Due | 266 | 62 | ||
60-89 Days Past Due | 0 | 0 | ||
90 Days or More Past Due | 0 | 0 | ||
Total Past Due | 266 | 62 | ||
Loans Not Past Due | 190,102 | 195,109 | ||
Home Equity Loans [Member] | ' | ' | ||
Financing Receivable, Recorded Investment, Past Due [Line Items] | ' | ' | ||
Total Ending Loans Balance | 83,888 | [1] | 81,812 | [2] |
30-59 Days Past Due | 454 | 303 | ||
60-89 Days Past Due | 191 | 33 | ||
90 Days or More Past Due | 328 | 114 | ||
Total Past Due | 973 | 450 | ||
Loans Not Past Due | 82,915 | 81,362 | ||
Consumer Loans [Member] | ' | ' | ||
Financing Receivable, Recorded Investment, Past Due [Line Items] | ' | ' | ||
Total Ending Loans Balance | 46,834 | [1] | 49,265 | [2] |
30-59 Days Past Due | 191 | 149 | ||
60-89 Days Past Due | 45 | 66 | ||
90 Days or More Past Due | 84 | 102 | ||
Total Past Due | 320 | 317 | ||
Loans Not Past Due | 46,514 | 48,948 | ||
Residential Mortgage Loans [Member] | ' | ' | ||
Financing Receivable, Recorded Investment, Past Due [Line Items] | ' | ' | ||
Total Ending Loans Balance | 134,466 | [1] | 129,047 | [2] |
30-59 Days Past Due | 1,886 | 2,206 | ||
60-89 Days Past Due | 1,159 | 192 | ||
90 Days or More Past Due | 1,147 | 1,115 | ||
Total Past Due | 4,192 | 3,513 | ||
Loans Not Past Due | 130,274 | 125,534 | ||
Loans Acquired With Deteriorated Credit Quality [Member] | ' | ' | ||
Financing Receivable, Recorded Investment, Past Due [Line Items] | ' | ' | ||
Total Ending Loans Balance | 11,552 | 14,753 | ||
30-59 Days Past Due | 146 | 148 | ||
60-89 Days Past Due | 0 | 0 | ||
90 Days or More Past Due | 744 | 1,103 | ||
Total Past Due | 890 | 1,251 | ||
Loans Not Past Due | $10,662 | $13,502 | ||
[1] | Total recorded investment in loans includes $5,258 in accrued interest. | |||
[2] | Total recorded investment in loans includes $5,590 in accrued interest. |
Loans_Aging_of_Recorded_Invest1
Loans (Aging of Recorded Investment in Past Due Loans by Class of Loans) (Parenthetical) (Details) (USD $) | Jun. 30, 2014 | Dec. 31, 2013 |
In Thousands, unless otherwise specified | ||
Disclosure Aging Of Recorded Investment In Past Due Loans By Class Of Loans [Abstract] | ' | ' |
Accrued interest | $5,258 | $5,590 |
Loans_Recorded_Investment_Of_T
Loans (Recorded Investment Of Troubled Debt Restructurings By Class Of Loans) (Details) (USD $) | Jun. 30, 2014 | Dec. 31, 2013 | ||
In Thousands, unless otherwise specified | ||||
Financing Receivable, Modifications [Line Items] | ' | ' | ||
Total | $5,664 | $6,417 | ||
Commercial and Industrial Loans and Leases [Member] | ' | ' | ||
Financing Receivable, Modifications [Line Items] | ' | ' | ||
Total | 1,970 | 2,092 | ||
Commercial Real Estate Loans [Member] | ' | ' | ||
Financing Receivable, Modifications [Line Items] | ' | ' | ||
Total | 3,694 | 4,325 | ||
Performing Financing Receivable [Member] | ' | ' | ||
Financing Receivable, Modifications [Line Items] | ' | ' | ||
Total | 3,635 | 2,450 | ||
Performing Financing Receivable [Member] | Commercial and Industrial Loans and Leases [Member] | ' | ' | ||
Financing Receivable, Modifications [Line Items] | ' | ' | ||
Total | 1,961 | 2,086 | ||
Performing Financing Receivable [Member] | Commercial Real Estate Loans [Member] | ' | ' | ||
Financing Receivable, Modifications [Line Items] | ' | ' | ||
Total | 1,674 | 364 | ||
Non-Accrual [Member] | ' | ' | ||
Financing Receivable, Modifications [Line Items] | ' | ' | ||
Total | 2,029 | [1] | 3,967 | [1] |
Non-Accrual [Member] | Commercial and Industrial Loans and Leases [Member] | ' | ' | ||
Financing Receivable, Modifications [Line Items] | ' | ' | ||
Total | 9 | [1] | 6 | [1] |
Non-Accrual [Member] | Commercial Real Estate Loans [Member] | ' | ' | ||
Financing Receivable, Modifications [Line Items] | ' | ' | ||
Total | $2,020 | [1] | $3,961 | [1] |
[1] | The non-accrual troubled debt restructurings are included in the Non-Accrual Loan table presented on previous page. |
Loans_Loans_By_Class_Modified_
Loans (Loans By Class Modified As Troubled Debt Restructurings) (Details) (USD $) | 3 Months Ended | 6 Months Ended | ||
In Thousands, unless otherwise specified | Jun. 30, 2014 | Jun. 30, 2013 | Jun. 30, 2014 | Jun. 30, 2013 |
loan | loan | loan | loan | |
Financing Receivable, Modifications [Line Items] | ' | ' | ' | ' |
Number of Loans | 0 | 1 | 1 | 1 |
Pre-Modification Outstanding Recorded Investment | $0 | $81 | $197 | $81 |
Post-Modification Outstanding Recorded Investment | 0 | 118 | 197 | 118 |
Commercial and Industrial Loans and Leases [Member] | ' | ' | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' | ' | ' |
Number of Loans | 0 | 0 | 0 | 0 |
Pre-Modification Outstanding Recorded Investment | 0 | 0 | 0 | 0 |
Post-Modification Outstanding Recorded Investment | 0 | 0 | 0 | 0 |
Commercial Real Estate Loans [Member] | ' | ' | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' | ' | ' |
Number of Loans | 0 | 1 | 1 | 1 |
Pre-Modification Outstanding Recorded Investment | 0 | 81 | 197 | 81 |
Post-Modification Outstanding Recorded Investment | $0 | $118 | $197 | $118 |
Loans_Troubled_Debt_Restructur
Loans (Troubled Debt Restructurings, Subsequently Defaulted) (Details) (USD $) | 3 Months Ended | 6 Months Ended | ||
In Thousands, unless otherwise specified | Jun. 30, 2014 | Jun. 30, 2013 | Jun. 30, 2014 | Jun. 30, 2013 |
loan | loan | loan | loan | |
Financing Receivable, Modifications [Line Items] | ' | ' | ' | ' |
Number of Loans | 0 | 0 | 0 | 0 |
Recorded Investment | $0 | $0 | $0 | $0 |
Commercial and Industrial Loans and Leases [Member] | ' | ' | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' | ' | ' |
Number of Loans | 0 | 0 | 0 | 0 |
Recorded Investment | 0 | 0 | 0 | 0 |
Commercial Real Estate Loans [Member] | ' | ' | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' | ' | ' |
Number of Loans | 0 | 0 | 0 | 0 |
Recorded Investment | $0 | $0 | $0 | $0 |
Loans_Risk_Category_of_Loans_D
Loans (Risk Category of Loans) (Details) (USD $) | Jun. 30, 2014 | Dec. 31, 2013 | ||
In Thousands, unless otherwise specified | ||||
Financing Receivable, Recorded Investment [Line Items] | ' | ' | ||
Total loans and leases | $1,418,589 | [1] | $1,390,802 | [2] |
Loans Acquired with Deteriorated Credit Quality | 11,552 | 14,753 | ||
Commercial and Industrial Loans and Leases [Member] | ' | ' | ||
Financing Receivable, Recorded Investment [Line Items] | ' | ' | ||
Total loans and leases | 366,919 | [1] | 351,903 | [2] |
Loans Acquired with Deteriorated Credit Quality | 591 | 1,981 | ||
Commercial Real Estate Loans [Member] | ' | ' | ||
Financing Receivable, Recorded Investment [Line Items] | ' | ' | ||
Total loans and leases | 596,114 | [1] | 583,604 | [2] |
Loans Acquired with Deteriorated Credit Quality | 9,332 | 10,871 | ||
Agricultural Loans [Member] | ' | ' | ||
Financing Receivable, Recorded Investment [Line Items] | ' | ' | ||
Total loans and leases | 190,368 | [1] | 195,171 | [2] |
Loans Acquired with Deteriorated Credit Quality | 0 | 0 | ||
Pass [Member] | ' | ' | ||
Financing Receivable, Recorded Investment [Line Items] | ' | ' | ||
Total loans and leases | 1,078,421 | 1,056,827 | ||
Loans Acquired with Deteriorated Credit Quality | 3,101 | 3,121 | ||
Pass [Member] | Commercial and Industrial Loans and Leases [Member] | ' | ' | ||
Financing Receivable, Recorded Investment [Line Items] | ' | ' | ||
Total loans and leases | 336,728 | 324,685 | ||
Pass [Member] | Commercial Real Estate Loans [Member] | ' | ' | ||
Financing Receivable, Recorded Investment [Line Items] | ' | ' | ||
Total loans and leases | 556,501 | 539,533 | ||
Pass [Member] | Agricultural Loans [Member] | ' | ' | ||
Financing Receivable, Recorded Investment [Line Items] | ' | ' | ||
Total loans and leases | 185,192 | 192,609 | ||
Special Mention [Member] | ' | ' | ||
Financing Receivable, Recorded Investment [Line Items] | ' | ' | ||
Total loans and leases | 46,473 | 38,010 | ||
Loans Acquired with Deteriorated Credit Quality | 1,740 | 661 | ||
Special Mention [Member] | Commercial and Industrial Loans and Leases [Member] | ' | ' | ||
Financing Receivable, Recorded Investment [Line Items] | ' | ' | ||
Total loans and leases | 17,930 | 15,485 | ||
Special Mention [Member] | Commercial Real Estate Loans [Member] | ' | ' | ||
Financing Receivable, Recorded Investment [Line Items] | ' | ' | ||
Total loans and leases | 23,560 | 20,168 | ||
Special Mention [Member] | Agricultural Loans [Member] | ' | ' | ||
Financing Receivable, Recorded Investment [Line Items] | ' | ' | ||
Total loans and leases | 4,983 | 2,357 | ||
Substandard [Member] | ' | ' | ||
Financing Receivable, Recorded Investment [Line Items] | ' | ' | ||
Total loans and leases | 28,507 | 35,841 | ||
Loans Acquired with Deteriorated Credit Quality | 5,082 | 9,070 | ||
Substandard [Member] | Commercial and Industrial Loans and Leases [Member] | ' | ' | ||
Financing Receivable, Recorded Investment [Line Items] | ' | ' | ||
Total loans and leases | 12,261 | 11,733 | ||
Substandard [Member] | Commercial Real Estate Loans [Member] | ' | ' | ||
Financing Receivable, Recorded Investment [Line Items] | ' | ' | ||
Total loans and leases | 16,053 | 23,903 | ||
Substandard [Member] | Agricultural Loans [Member] | ' | ' | ||
Financing Receivable, Recorded Investment [Line Items] | ' | ' | ||
Total loans and leases | 193 | 205 | ||
Doubtful [Member] | ' | ' | ||
Financing Receivable, Recorded Investment [Line Items] | ' | ' | ||
Total loans and leases | 0 | 0 | ||
Loans Acquired with Deteriorated Credit Quality | 0 | 0 | ||
Doubtful [Member] | Commercial and Industrial Loans and Leases [Member] | ' | ' | ||
Financing Receivable, Recorded Investment [Line Items] | ' | ' | ||
Total loans and leases | 0 | 0 | ||
Doubtful [Member] | Commercial Real Estate Loans [Member] | ' | ' | ||
Financing Receivable, Recorded Investment [Line Items] | ' | ' | ||
Total loans and leases | 0 | 0 | ||
Doubtful [Member] | Agricultural Loans [Member] | ' | ' | ||
Financing Receivable, Recorded Investment [Line Items] | ' | ' | ||
Total loans and leases | 0 | 0 | ||
Total by Risk Category [Member] | ' | ' | ||
Financing Receivable, Recorded Investment [Line Items] | ' | ' | ||
Total loans and leases | 1,153,401 | 1,130,678 | ||
Loans Acquired with Deteriorated Credit Quality | 9,923 | 12,852 | ||
Total by Risk Category [Member] | Commercial and Industrial Loans and Leases [Member] | ' | ' | ||
Financing Receivable, Recorded Investment [Line Items] | ' | ' | ||
Total loans and leases | 366,919 | 351,903 | ||
Total by Risk Category [Member] | Commercial Real Estate Loans [Member] | ' | ' | ||
Financing Receivable, Recorded Investment [Line Items] | ' | ' | ||
Total loans and leases | 596,114 | 583,604 | ||
Total by Risk Category [Member] | Agricultural Loans [Member] | ' | ' | ||
Financing Receivable, Recorded Investment [Line Items] | ' | ' | ||
Total loans and leases | $190,368 | $195,171 | ||
[1] | Total recorded investment in loans includes $5,258 in accrued interest. | |||
[2] | Total recorded investment in loans includes $5,590 in accrued interest. |
Loans_Recorded_Investment_in_H
Loans (Recorded Investment in Home Equity, Consumer and Residential Mortgage Loans Based on Payment Activity) (Details) (USD $) | Jun. 30, 2014 | Dec. 31, 2013 | ||
In Thousands, unless otherwise specified | ||||
Financing Receivable, Recorded Investment [Line Items] | ' | ' | ||
Total loans | $1,418,589 | [1] | $1,390,802 | [2] |
Loans Acquired with Deteriorated Credit Quality | 11,552 | 14,753 | ||
Home Equity Loans [Member] | ' | ' | ||
Financing Receivable, Recorded Investment [Line Items] | ' | ' | ||
Total loans | 83,888 | [1] | 81,812 | [2] |
Loans Acquired with Deteriorated Credit Quality | 0 | 0 | ||
Consumer Loans [Member] | ' | ' | ||
Financing Receivable, Recorded Investment [Line Items] | ' | ' | ||
Total loans | 46,834 | [1] | 49,265 | [2] |
Loans Acquired with Deteriorated Credit Quality | 126 | 134 | ||
Residential Mortgage Loans [Member] | ' | ' | ||
Financing Receivable, Recorded Investment [Line Items] | ' | ' | ||
Total loans | 134,466 | [1] | 129,047 | [2] |
Loans Acquired with Deteriorated Credit Quality | 1,503 | 1,767 | ||
Performing [Member] | Home Equity Loans [Member] | ' | ' | ||
Financing Receivable, Recorded Investment [Line Items] | ' | ' | ||
Total loans | 83,560 | 81,698 | ||
Performing [Member] | Consumer Loans [Member] | ' | ' | ||
Financing Receivable, Recorded Investment [Line Items] | ' | ' | ||
Total loans | 46,622 | 49,029 | ||
Performing [Member] | Residential Mortgage Loans [Member] | ' | ' | ||
Financing Receivable, Recorded Investment [Line Items] | ' | ' | ||
Total loans | 133,110 | 127,708 | ||
Nonperforming [Member] | Home Equity Loans [Member] | ' | ' | ||
Financing Receivable, Recorded Investment [Line Items] | ' | ' | ||
Total loans | 328 | 114 | ||
Nonperforming [Member] | Consumer Loans [Member] | ' | ' | ||
Financing Receivable, Recorded Investment [Line Items] | ' | ' | ||
Total loans | 212 | 236 | ||
Nonperforming [Member] | Residential Mortgage Loans [Member] | ' | ' | ||
Financing Receivable, Recorded Investment [Line Items] | ' | ' | ||
Total loans | $1,356 | $1,339 | ||
[1] | Total recorded investment in loans includes $5,258 in accrued interest. | |||
[2] | Total recorded investment in loans includes $5,590 in accrued interest. |
Loans_Carrying_Amount_of_Loans
Loans (Carrying Amount of Loans with Deterioration of Credit Quality) (Details) (USD $) | Jun. 30, 2014 | Dec. 31, 2013 |
In Thousands, unless otherwise specified | ||
Financing Receivable, Recorded Investment [Line Items] | ' | ' |
Loans Acquired with Deteriorated Credit Quality | $11,552 | $14,753 |
Carrying Amount, Net of Allowance | 11,546 | 14,745 |
Commercial and Industrial Loans and Leases [Member] | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' |
Loans Acquired with Deteriorated Credit Quality | 591 | 1,981 |
Commercial Real Estate Loans [Member] | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' |
Loans Acquired with Deteriorated Credit Quality | 9,332 | 10,871 |
Home Equity Loans [Member] | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' |
Loans Acquired with Deteriorated Credit Quality | 0 | 0 |
Consumer Loans [Member] | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' |
Loans Acquired with Deteriorated Credit Quality | 126 | 134 |
Residential Mortgage Loans [Member] | ' | ' |
Financing Receivable, Recorded Investment [Line Items] | ' | ' |
Loans Acquired with Deteriorated Credit Quality | $1,503 | $1,767 |
Loans_Accretable_Yield_or_Inco
Loans (Accretable Yield, or Income Expected to be Collected) (Details) (USD $) | 3 Months Ended | 6 Months Ended | ||
In Thousands, unless otherwise specified | Jun. 30, 2014 | Jun. 30, 2013 | Jun. 30, 2014 | Jun. 30, 2013 |
Receivables [Abstract] | ' | ' | ' | ' |
Beginning Balance | $2,712 | $208 | $2,790 | $170 |
New Loans Purchased | 0 | 0 | 0 | 0 |
Accretion of Income | -75 | -234 | -153 | -446 |
Reclassifications from Non-accretable Difference | 0 | 208 | 0 | 458 |
Charge-off of Accretable Yield | 0 | 0 | 0 | 0 |
Ending Balance | $2,637 | $182 | $2,637 | $182 |
Loans_Additional_Information_D
Loans (Additional Information) (Details) (USD $) | 3 Months Ended | 6 Months Ended | 3 Months Ended | 6 Months Ended | |||
In Thousands, unless otherwise specified | Jun. 30, 2013 | Jun. 30, 2013 | Dec. 31, 2013 | Jun. 30, 2014 | Jun. 30, 2013 | Jun. 30, 2014 | Jun. 30, 2013 |
Troubled Debt Restructuring [Member] | Troubled Debt Restructuring [Member] | Troubled Debt Restructuring [Member] | Troubled Debt Restructuring [Member] | ||||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' | ' | ' | ' | ' | ' |
Specific reserves to customers whose loan terms have been modified in troubled debt restructurings | ' | ' | $40 | ' | ' | ' | ' |
Increase (decrease) in allowance for loan losses | 70 | 61 | ' | 0 | -210 | 0 | -210 |
Charge-offs due to troubled debt restructurings | ' | ' | ' | $0 | $0 | $0 | $0 |
Segment_Information_Additional
Segment Information (Additional Information) (Details) | 6 Months Ended |
Jun. 30, 2014 | |
segment | |
office | |
Segment Reporting [Abstract] | ' |
Number of operating segments | 3 |
Number of offices | 37 |
Segment_Information_Segment_Fi
Segment Information (Segment Financial Information) (Details) (USD $) | 3 Months Ended | 6 Months Ended | |||
In Thousands, unless otherwise specified | Jun. 30, 2014 | Jun. 30, 2013 | Jun. 30, 2014 | Jun. 30, 2013 | Dec. 31, 2013 |
Segment Reporting Information [Line Items] | ' | ' | ' | ' | ' |
Net Interest Income | $18,321 | $16,712 | $36,517 | $32,937 | ' |
Net Gains on Sales of Loans | 386 | 809 | 862 | 1,563 | ' |
Net Gains on Securities | 244 | 467 | 472 | 1,080 | ' |
Trust and Investment Product Fees | 905 | 814 | 1,827 | 1,631 | ' |
Insurance Revenues | 1,482 | 1,379 | 4,038 | 3,163 | ' |
Noncash Items: | ' | ' | ' | ' | ' |
Provision for Loan Losses | 200 | -200 | 550 | 150 | ' |
Depreciation and Amortization | 1,206 | 1,125 | 2,422 | 2,224 | ' |
Income Tax Expense (Benefit) | 2,797 | 3,229 | 5,529 | 5,743 | ' |
Segment Profit (Loss) | 6,687 | 6,532 | 12,992 | 12,341 | ' |
Segment Assets | 2,193,573 | ' | 2,193,573 | ' | 2,163,827 |
Core Banking [Member] | ' | ' | ' | ' | ' |
Segment Reporting Information [Line Items] | ' | ' | ' | ' | ' |
Net Interest Income | 18,434 | 17,004 | 36,747 | 33,768 | ' |
Net Gains on Sales of Loans | 386 | 809 | 862 | 1,563 | ' |
Net Gains on Securities | 244 | 467 | 472 | 1,080 | ' |
Trust and Investment Product Fees | 0 | 1 | 2 | 4 | ' |
Insurance Revenues | 8 | 6 | 5 | 15 | ' |
Noncash Items: | ' | ' | ' | ' | ' |
Provision for Loan Losses | 200 | -200 | 550 | 150 | ' |
Depreciation and Amortization | 1,132 | 973 | 2,275 | 1,923 | ' |
Income Tax Expense (Benefit) | 2,954 | 3,626 | 5,444 | 6,370 | ' |
Segment Profit (Loss) | 6,670 | 6,833 | 12,368 | 12,681 | ' |
Segment Assets | 2,201,207 | ' | 2,201,207 | ' | 2,171,837 |
Trust and Investment Advisory Services [Member] | ' | ' | ' | ' | ' |
Segment Reporting Information [Line Items] | ' | ' | ' | ' | ' |
Net Interest Income | 4 | 6 | 8 | 11 | ' |
Net Gains on Sales of Loans | 0 | 0 | 0 | 0 | ' |
Net Gains on Securities | 0 | 0 | 0 | 0 | ' |
Trust and Investment Product Fees | 905 | 813 | 1,825 | 1,628 | ' |
Insurance Revenues | 6 | 6 | 11 | 19 | ' |
Noncash Items: | ' | ' | ' | ' | ' |
Provision for Loan Losses | 0 | 0 | 0 | 0 | ' |
Depreciation and Amortization | 7 | 8 | 13 | 15 | ' |
Income Tax Expense (Benefit) | -65 | -24 | -107 | -26 | ' |
Segment Profit (Loss) | -103 | -41 | -172 | -49 | ' |
Segment Assets | 11,501 | ' | 11,501 | ' | 11,663 |
Insurance [Member] | ' | ' | ' | ' | ' |
Segment Reporting Information [Line Items] | ' | ' | ' | ' | ' |
Net Interest Income | 1 | 5 | 2 | 12 | ' |
Net Gains on Sales of Loans | 0 | 0 | 0 | 0 | ' |
Net Gains on Securities | 0 | 0 | 0 | 0 | ' |
Trust and Investment Product Fees | 0 | 0 | 0 | 0 | ' |
Insurance Revenues | 1,468 | 1,367 | 4,022 | 3,129 | ' |
Noncash Items: | ' | ' | ' | ' | ' |
Provision for Loan Losses | 0 | 0 | 0 | 0 | ' |
Depreciation and Amortization | 30 | 106 | 59 | 211 | ' |
Income Tax Expense (Benefit) | 99 | 40 | 600 | 187 | ' |
Segment Profit (Loss) | 144 | 27 | 862 | 238 | ' |
Segment Assets | 5,873 | ' | 5,873 | ' | 5,636 |
Other [Member] | ' | ' | ' | ' | ' |
Segment Reporting Information [Line Items] | ' | ' | ' | ' | ' |
Net Interest Income | -118 | -303 | -240 | -854 | ' |
Net Gains on Sales of Loans | 0 | 0 | 0 | 0 | ' |
Net Gains on Securities | 0 | 0 | 0 | 0 | ' |
Trust and Investment Product Fees | 0 | 0 | 0 | -1 | ' |
Insurance Revenues | 0 | 0 | 0 | 0 | ' |
Noncash Items: | ' | ' | ' | ' | ' |
Provision for Loan Losses | 0 | 0 | 0 | 0 | ' |
Depreciation and Amortization | 37 | 38 | 75 | 75 | ' |
Income Tax Expense (Benefit) | -191 | -413 | -408 | -788 | ' |
Segment Profit (Loss) | -24 | -287 | -66 | -529 | ' |
Segment Assets | ($25,008) | ' | ($25,008) | ' | ($25,309) |
Stock_Repurchase_Plan_Addition
Stock Repurchase Plan (Additional Information) (Details) | Jun. 30, 2014 | Apr. 26, 2001 |
Stock Repurchase Plan [Abstract] | ' | ' |
Common stock, authorized shares repurchase | ' | 607,754 |
Common stock, total shares repurchased | 334,965 | ' |
Equity_Plans_and_Equity_Based_2
Equity Plans and Equity Based Compensation (Additional Information) (Details) (USD $) | 6 Months Ended | 12 Months Ended | |
In Thousands, except Share data, unless otherwise specified | Jun. 30, 2014 | Jun. 30, 2013 | Dec. 31, 2013 |
installment | |||
Number of shares available for grant | 438,813 | ' | ' |
Stock granted during period percentage | 60.00% | 50.00% | ' |
Stock cash credit entitlement percentage | 40.00% | 50.00% | ' |
Number of installments | ' | ' | 3 |
Vesting period | ' | ' | '2 years |
Vested in period percentage | ' | ' | 33.30% |
Stock issued during period | 31,080 | 29,170 | ' |
Unrecognized stock expenses in restricted stock | $1,873 | $1,112 | ' |
Discount from market price, offering date | 95.00% | ' | ' |
Employee Stock Purchase Plan [Member] | ' | ' | ' |
Number of shares available for grant | 500,000 | ' | ' |
Director [Member] | ' | ' | ' |
Vested in period percentage | 100.00% | ' | ' |
Equity_Plans_and_Equity_Based_3
Equity Plans and Equity Based Compensation (Expense Recorded For Restricted Stock And Cash Entitlements) (Details) (USD $) | 3 Months Ended | 6 Months Ended | ||
In Thousands, unless otherwise specified | Jun. 30, 2014 | Jun. 30, 2013 | Jun. 30, 2014 | Jun. 30, 2013 |
Equity [Abstract] | ' | ' | ' | ' |
Restricted Stock Expense | $161 | $85 | $320 | $170 |
Cash Entitlement Expense | 101 | 54 | 199 | 108 |
Tax Effect | -106 | -56 | -210 | -112 |
Net of Tax | $156 | $83 | $309 | $166 |
Fair_Value_Additional_Informat
Fair Value (Additional Information) (Details) (USD $) | 3 Months Ended | 6 Months Ended | 12 Months Ended | ||
In Thousands, unless otherwise specified | Jun. 30, 2014 | Jun. 30, 2013 | Jun. 30, 2014 | Jun. 30, 2013 | Dec. 31, 2013 |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ' | ' | ' | ' | ' |
Loan held for sale, at fair value | $8,812 | ' | $8,812 | ' | $9,265 |
Contractual principal balance of Loan held for sale | 8,660 | ' | 8,660 | ' | 9,129 |
Difference in amount of loan held for sale | 152 | ' | 152 | ' | 136 |
Impaired loans, carrying amount | 2,757 | ' | 2,757 | ' | 4,449 |
Valuation allowance for loans losses | 1,555 | ' | 1,555 | ' | 3,103 |
Provision for loan losses | 189 | ' | 156 | ' | 1,024 |
Provision for loan lease and other losses | ' | 270 | ' | 379 | ' |
Cost of real estate sales | ' | 94 | ' | 301 | ' |
Other real estate, carrying value | ' | ' | ' | ' | 20 |
Obligations of State and Political Subdivisions [Member] | ' | ' | ' | ' | ' |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ' | ' | ' | ' | ' |
Total Gains or Losses (realized/unrealized) Included in Earnings | 86 | -129 | 155 | -150 | ' |
Equity Securities [Member] | ' | ' | ' | ' | ' |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ' | ' | ' | ' | ' |
Total Gains or Losses (realized/unrealized) Included in Earnings | 0 | 0 | 0 | 0 | ' |
Fair Value, Measurements, Recurring [Member] | ' | ' | ' | ' | ' |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ' | ' | ' | ' | ' |
Securities | 615,392 | ' | 615,392 | ' | 606,032 |
Fair Value, Measurements, Recurring [Member] | Obligations of State and Political Subdivisions [Member] | ' | ' | ' | ' | ' |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ' | ' | ' | ' | ' |
Securities | 129,956 | ' | 129,956 | ' | 113,497 |
Fair Value, Measurements, Recurring [Member] | Equity Securities [Member] | ' | ' | ' | ' | ' |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ' | ' | ' | ' | ' |
Securities | 353 | ' | 353 | ' | 353 |
Fair Value, Measurements, Recurring [Member] | Significant Unobservable Inputs (Level 3) [Member] | ' | ' | ' | ' | ' |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ' | ' | ' | ' | ' |
Securities | 10,915 | ' | 10,915 | ' | 11,185 |
Fair Value, Measurements, Recurring [Member] | Significant Unobservable Inputs (Level 3) [Member] | Obligations of State and Political Subdivisions [Member] | ' | ' | ' | ' | ' |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ' | ' | ' | ' | ' |
Securities | 10,562 | ' | 10,562 | ' | 10,832 |
Fair Value, Measurements, Recurring [Member] | Significant Unobservable Inputs (Level 3) [Member] | Equity Securities [Member] | ' | ' | ' | ' | ' |
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] | ' | ' | ' | ' | ' |
Securities | $353 | ' | $353 | ' | $353 |
Fair_Value_Assets_and_Liabilit
Fair Value (Assets and Liabilities Measured at Fair Value on Recurring Basis) (Details) (USD $) | Jun. 30, 2014 | Dec. 31, 2013 |
In Thousands, unless otherwise specified | ||
Assets: | ' | ' |
Derivative Assets | $449 | $866 |
Derivative Liabilities | 388 | 737 |
Fair Value, Measurements, Recurring [Member] | ' | ' |
Assets: | ' | ' |
Securities | 615,392 | 606,032 |
Loans Held-for-Sale | 8,812 | 9,265 |
Derivative Assets | 449 | 866 |
Derivative Liabilities | 388 | 737 |
Fair Value, Measurements, Recurring [Member] | U.S. Treasury and Agency Securities [Member] | ' | ' |
Assets: | ' | ' |
Securities | 19,321 | 18,952 |
Fair Value, Measurements, Recurring [Member] | Corporate Securities [Member] | ' | ' |
Assets: | ' | ' |
Securities | 0 | 0 |
Fair Value, Measurements, Recurring [Member] | Obligations of State and Political Subdivisions [Member] | ' | ' |
Assets: | ' | ' |
Securities | 129,956 | 113,497 |
Fair Value, Measurements, Recurring [Member] | Mortgage-backed Securities - Residential [Member] | ' | ' |
Assets: | ' | ' |
Securities | 465,762 | 473,230 |
Fair Value, Measurements, Recurring [Member] | Equity Securities [Member] | ' | ' |
Assets: | ' | ' |
Securities | 353 | 353 |
Fair Value, Measurements, Recurring [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | ' | ' |
Assets: | ' | ' |
Securities | 0 | 0 |
Loans Held-for-Sale | 0 | 0 |
Derivative Assets | 0 | 0 |
Derivative Liabilities | 0 | 0 |
Fair Value, Measurements, Recurring [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | U.S. Treasury and Agency Securities [Member] | ' | ' |
Assets: | ' | ' |
Securities | 0 | 0 |
Fair Value, Measurements, Recurring [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Corporate Securities [Member] | ' | ' |
Assets: | ' | ' |
Securities | 0 | 0 |
Fair Value, Measurements, Recurring [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Obligations of State and Political Subdivisions [Member] | ' | ' |
Assets: | ' | ' |
Securities | 0 | 0 |
Fair Value, Measurements, Recurring [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Mortgage-backed Securities - Residential [Member] | ' | ' |
Assets: | ' | ' |
Securities | 0 | 0 |
Fair Value, Measurements, Recurring [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Equity Securities [Member] | ' | ' |
Assets: | ' | ' |
Securities | 0 | 0 |
Fair Value, Measurements, Recurring [Member] | Significant Other Observable Inputs (Level 2) [Member] | ' | ' |
Assets: | ' | ' |
Securities | 604,477 | 594,847 |
Loans Held-for-Sale | 8,812 | 9,265 |
Derivative Assets | 449 | 866 |
Derivative Liabilities | 388 | 737 |
Fair Value, Measurements, Recurring [Member] | Significant Other Observable Inputs (Level 2) [Member] | U.S. Treasury and Agency Securities [Member] | ' | ' |
Assets: | ' | ' |
Securities | 19,321 | 18,952 |
Fair Value, Measurements, Recurring [Member] | Significant Other Observable Inputs (Level 2) [Member] | Corporate Securities [Member] | ' | ' |
Assets: | ' | ' |
Securities | 0 | 0 |
Fair Value, Measurements, Recurring [Member] | Significant Other Observable Inputs (Level 2) [Member] | Obligations of State and Political Subdivisions [Member] | ' | ' |
Assets: | ' | ' |
Securities | 119,394 | 102,665 |
Fair Value, Measurements, Recurring [Member] | Significant Other Observable Inputs (Level 2) [Member] | Mortgage-backed Securities - Residential [Member] | ' | ' |
Assets: | ' | ' |
Securities | 465,762 | 473,230 |
Fair Value, Measurements, Recurring [Member] | Significant Other Observable Inputs (Level 2) [Member] | Equity Securities [Member] | ' | ' |
Assets: | ' | ' |
Securities | 0 | 0 |
Fair Value, Measurements, Recurring [Member] | Significant Unobservable Inputs (Level 3) [Member] | ' | ' |
Assets: | ' | ' |
Securities | 10,915 | 11,185 |
Loans Held-for-Sale | 0 | 0 |
Derivative Assets | 0 | 0 |
Derivative Liabilities | 0 | 0 |
Fair Value, Measurements, Recurring [Member] | Significant Unobservable Inputs (Level 3) [Member] | U.S. Treasury and Agency Securities [Member] | ' | ' |
Assets: | ' | ' |
Securities | 0 | 0 |
Fair Value, Measurements, Recurring [Member] | Significant Unobservable Inputs (Level 3) [Member] | Corporate Securities [Member] | ' | ' |
Assets: | ' | ' |
Securities | 0 | 0 |
Fair Value, Measurements, Recurring [Member] | Significant Unobservable Inputs (Level 3) [Member] | Obligations of State and Political Subdivisions [Member] | ' | ' |
Assets: | ' | ' |
Securities | 10,562 | 10,832 |
Fair Value, Measurements, Recurring [Member] | Significant Unobservable Inputs (Level 3) [Member] | Mortgage-backed Securities - Residential [Member] | ' | ' |
Assets: | ' | ' |
Securities | 0 | 0 |
Fair Value, Measurements, Recurring [Member] | Significant Unobservable Inputs (Level 3) [Member] | Equity Securities [Member] | ' | ' |
Assets: | ' | ' |
Securities | $353 | $353 |
Fair_Value_Reconciliation_of_a
Fair Value (Reconciliation of all Assets Measured at Fair Value on Recurring Basis, Using Significant Unobservable Inputs (Level 3) (Details) (USD $) | 3 Months Ended | 6 Months Ended | ||
In Thousands, unless otherwise specified | Jun. 30, 2014 | Jun. 30, 2013 | Jun. 30, 2014 | Jun. 30, 2013 |
Obligations of State and Political Subdivisions [Member] | ' | ' | ' | ' |
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items] | ' | ' | ' | ' |
Beginning Balance of Recurring Level 3 Assets | $10,476 | $11,728 | $10,832 | $12,169 |
Total Gains or Losses (realized/unrealized) Included in Earnings | 86 | -129 | 155 | -150 |
Maturities / Calls | 0 | -160 | -425 | -580 |
Purchases | 0 | 0 | 0 | 0 |
Ending Balance of Recurring Level 3 Assets | 10,562 | 11,439 | 10,562 | 11,439 |
Equity Securities [Member] | ' | ' | ' | ' |
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items] | ' | ' | ' | ' |
Beginning Balance of Recurring Level 3 Assets | 353 | 353 | 353 | 353 |
Total Gains or Losses (realized/unrealized) Included in Earnings | 0 | 0 | 0 | 0 |
Maturities / Calls | 0 | 0 | 0 | 0 |
Purchases | 0 | 0 | 0 | 0 |
Ending Balance of Recurring Level 3 Assets | 353 | 353 | 353 | 353 |
Corporate Securities [Member] | ' | ' | ' | ' |
Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation [Line Items] | ' | ' | ' | ' |
Beginning Balance of Recurring Level 3 Assets | 0 | 0 | 0 | 0 |
Total Gains or Losses (realized/unrealized) Included in Earnings | 0 | 0 | 0 | 0 |
Maturities / Calls | 0 | 0 | 0 | 0 |
Purchases | 0 | 0 | 0 | 0 |
Ending Balance of Recurring Level 3 Assets | $0 | $0 | $0 | $0 |
Fair_Value_Assets_and_Liabilit1
Fair Value (Assets and Liabilities Measured at Fair Value on Non-Recurring Basis) (Details) (USD $) | Jun. 30, 2014 | Dec. 31, 2013 |
In Thousands, unless otherwise specified | ||
Impaired Loans with Specific Allocations [Member] | Commercial and Industrial Loans and Leases [Member] | ' | ' |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' |
Fair Value Assets | $2 | $0 |
Impaired Loans with Specific Allocations [Member] | Commercial Real Estate Loans [Member] | ' | ' |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' |
Fair Value Assets | 1,200 | 1,346 |
Impaired Loans with Specific Allocations [Member] | Agricultural Loans [Member] | ' | ' |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' |
Fair Value Assets | 0 | 0 |
Other Real Estate [Member] | Commercial Real Estate [Member] | ' | ' |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' |
Fair Value Assets | 0 | 20 |
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Impaired Loans with Specific Allocations [Member] | Commercial and Industrial Loans and Leases [Member] | ' | ' |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' |
Fair Value Assets | 0 | 0 |
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Impaired Loans with Specific Allocations [Member] | Commercial Real Estate Loans [Member] | ' | ' |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' |
Fair Value Assets | 0 | 0 |
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Impaired Loans with Specific Allocations [Member] | Agricultural Loans [Member] | ' | ' |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' |
Fair Value Assets | 0 | 0 |
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Other Real Estate [Member] | Commercial Real Estate [Member] | ' | ' |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' |
Fair Value Assets | 0 | 0 |
Significant Other Observable Inputs (Level 2) [Member] | Impaired Loans with Specific Allocations [Member] | Commercial and Industrial Loans and Leases [Member] | ' | ' |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' |
Fair Value Assets | 0 | 0 |
Significant Other Observable Inputs (Level 2) [Member] | Impaired Loans with Specific Allocations [Member] | Commercial Real Estate Loans [Member] | ' | ' |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' |
Fair Value Assets | 0 | 0 |
Significant Other Observable Inputs (Level 2) [Member] | Impaired Loans with Specific Allocations [Member] | Agricultural Loans [Member] | ' | ' |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' |
Fair Value Assets | 0 | 0 |
Significant Other Observable Inputs (Level 2) [Member] | Other Real Estate [Member] | Commercial Real Estate [Member] | ' | ' |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' |
Fair Value Assets | 0 | 0 |
Significant Unobservable Inputs (Level 3) [Member] | Impaired Loans with Specific Allocations [Member] | Commercial and Industrial Loans and Leases [Member] | ' | ' |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' |
Fair Value Assets | 2 | 0 |
Significant Unobservable Inputs (Level 3) [Member] | Impaired Loans with Specific Allocations [Member] | Commercial Real Estate Loans [Member] | ' | ' |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' |
Fair Value Assets | 1,200 | 1,346 |
Significant Unobservable Inputs (Level 3) [Member] | Impaired Loans with Specific Allocations [Member] | Agricultural Loans [Member] | ' | ' |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' |
Fair Value Assets | 0 | 0 |
Significant Unobservable Inputs (Level 3) [Member] | Other Real Estate [Member] | Commercial Real Estate [Member] | ' | ' |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' |
Fair Value Assets | $0 | $20 |
Fair_Value_Recurring_Basis_Det
Fair Value (Recurring Basis) (Details) (Significant Unobservable Inputs (Level 3) [Member], USD $) | Jun. 30, 2014 | Dec. 31, 2013 |
In Thousands, unless otherwise specified | ||
Impaired Loans with Specific Allocations [Member] | Commercial and Industrial Loans and Leases [Member] | ' | ' |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' |
Fair Value | $2 | ' |
Impaired Loans with Specific Allocations [Member] | Commercial and Industrial Loans and Leases [Member] | Minimum [Member] | ' | ' |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' |
Range (Weighted Average) | 42.00% | ' |
Impaired Loans with Specific Allocations [Member] | Commercial and Industrial Loans and Leases [Member] | Maximum [Member] | ' | ' |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' |
Range (Weighted Average) | 90.00% | ' |
Impaired Loans with Specific Allocations [Member] | Commercial and Industrial Loans and Leases [Member] | Weighted Average [Member] | ' | ' |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' |
Range (Weighted Average) | 53.00% | ' |
Impaired Loans with Specific Allocations [Member] | Commercial Real Estate Loans [Member] | ' | ' |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' |
Fair Value | 1,200 | 1,346 |
Impaired Loans with Specific Allocations [Member] | Commercial Real Estate Loans [Member] | Minimum [Member] | ' | ' |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' |
Range (Weighted Average) | 12.00% | 12.00% |
Impaired Loans with Specific Allocations [Member] | Commercial Real Estate Loans [Member] | Maximum [Member] | ' | ' |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' |
Range (Weighted Average) | 80.00% | 80.00% |
Impaired Loans with Specific Allocations [Member] | Commercial Real Estate Loans [Member] | Weighted Average [Member] | ' | ' |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' |
Range (Weighted Average) | 63.00% | 53.00% |
Other Real Estate [Member] | Commercial Real Estate Loans [Member] | ' | ' |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' |
Fair Value | ' | $20 |
Other Real Estate [Member] | Commercial Real Estate Loans [Member] | Maximum [Member] | ' | ' |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' |
Range (Weighted Average) | ' | 50.00% |
Other Real Estate [Member] | Commercial Real Estate Loans [Member] | Weighted Average [Member] | ' | ' |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' |
Range (Weighted Average) | ' | 50.00% |
Fair_Value_Carrying_Amounts_an
Fair Value (Carrying Amounts and Estimated Fair Values of Company's Financial Instruments) (Details) (USD $) | Jun. 30, 2014 | Dec. 31, 2013 |
In Thousands, unless otherwise specified | ||
Financial Assets: | ' | ' |
Securities Held-to-Maturity | $184 | $268 |
FHLB Stock and Other Restricted Stock | 9,096 | 9,004 |
Loans, Net | 1,393,935 | 1,367,798 |
Financial Liabilities: | ' | ' |
Time Deposits | -333,391 | -349,034 |
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | ' | ' |
Financial Assets: | ' | ' |
Cash and Short-term Investments | 40,391 | 37,370 |
Securities Held-to-Maturity | 0 | 0 |
Loans, Net | 0 | 0 |
Accrued Interest Receivable | 0 | 0 |
Financial Liabilities: | ' | ' |
Demand, Savings, and Money Market Deposits | -1,408,988 | -1,463,122 |
Time Deposits | 0 | 0 |
Short-term Borrowings | 0 | 0 |
Long-term Debt | 0 | 0 |
Accrued Interest Payable | 0 | 0 |
Significant Other Observable Inputs (Level 2) [Member] | ' | ' |
Financial Assets: | ' | ' |
Cash and Short-term Investments | 16,823 | 22,862 |
Securities Held-to-Maturity | 186 | 271 |
Loans, Net | 0 | 0 |
Accrued Interest Receivable | 2,023 | 1,918 |
Financial Liabilities: | ' | ' |
Demand, Savings, and Money Market Deposits | 0 | 0 |
Time Deposits | -335,846 | -351,707 |
Short-term Borrowings | -117,987 | -53,533 |
Long-term Debt | -103,516 | -83,329 |
Accrued Interest Payable | -734 | -732 |
Significant Unobservable Inputs (Level 3) [Member] | ' | ' |
Financial Assets: | ' | ' |
Cash and Short-term Investments | 0 | 0 |
Securities Held-to-Maturity | 0 | 0 |
Loans, Net | 1,391,788 | 1,370,339 |
Accrued Interest Receivable | 5,404 | 5,552 |
Financial Liabilities: | ' | ' |
Demand, Savings, and Money Market Deposits | 0 | 0 |
Time Deposits | 0 | 0 |
Short-term Borrowings | 0 | 0 |
Long-term Debt | -5,358 | -5,311 |
Accrued Interest Payable | -52 | -45 |
Commitments to Extend Credit [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | ' | ' |
Unrecognized Financial Instruments: | ' | ' |
Financial Instruments with Off-Balance Sheet Risk, fair value | 0 | 0 |
Commitments to Extend Credit [Member] | Significant Other Observable Inputs (Level 2) [Member] | ' | ' |
Unrecognized Financial Instruments: | ' | ' |
Financial Instruments with Off-Balance Sheet Risk, fair value | 0 | 0 |
Commitments to Extend Credit [Member] | Significant Unobservable Inputs (Level 3) [Member] | ' | ' |
Unrecognized Financial Instruments: | ' | ' |
Financial Instruments with Off-Balance Sheet Risk, fair value | 0 | 0 |
Standby Letters of Credit [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | ' | ' |
Unrecognized Financial Instruments: | ' | ' |
Financial Instruments with Off-Balance Sheet Risk, fair value | 0 | 0 |
Standby Letters of Credit [Member] | Significant Other Observable Inputs (Level 2) [Member] | ' | ' |
Unrecognized Financial Instruments: | ' | ' |
Financial Instruments with Off-Balance Sheet Risk, fair value | 0 | 0 |
Standby Letters of Credit [Member] | Significant Unobservable Inputs (Level 3) [Member] | ' | ' |
Unrecognized Financial Instruments: | ' | ' |
Financial Instruments with Off-Balance Sheet Risk, fair value | 0 | 0 |
Commitments to Sell Loans [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | ' | ' |
Unrecognized Financial Instruments: | ' | ' |
Financial Instruments with Off-Balance Sheet Risk, fair value | 0 | 0 |
Commitments to Sell Loans [Member] | Significant Other Observable Inputs (Level 2) [Member] | ' | ' |
Unrecognized Financial Instruments: | ' | ' |
Financial Instruments with Off-Balance Sheet Risk, fair value | 0 | 0 |
Commitments to Sell Loans [Member] | Significant Unobservable Inputs (Level 3) [Member] | ' | ' |
Unrecognized Financial Instruments: | ' | ' |
Financial Instruments with Off-Balance Sheet Risk, fair value | 0 | 0 |
Carrying Value [Member] | ' | ' |
Financial Assets: | ' | ' |
Cash and Short-term Investments | 57,214 | 60,232 |
Securities Held-to-Maturity | 184 | 268 |
FHLB Stock and Other Restricted Stock | 9,096 | 9,004 |
Loans, Net | 1,392,733 | 1,366,452 |
Accrued Interest Receivable | 7,427 | 7,470 |
Financial Liabilities: | ' | ' |
Demand, Savings, and Money Market Deposits | -1,408,988 | -1,463,122 |
Time Deposits | -333,391 | -349,034 |
Short-term Borrowings | -117,987 | -53,533 |
Long-term Debt | -107,559 | -87,237 |
Accrued Interest Payable | -786 | -777 |
Carrying Value [Member] | Commitments to Extend Credit [Member] | ' | ' |
Unrecognized Financial Instruments: | ' | ' |
Financial Instruments with Off-Balance Sheet Risk, carrying value | 0 | 0 |
Carrying Value [Member] | Standby Letters of Credit [Member] | ' | ' |
Unrecognized Financial Instruments: | ' | ' |
Financial Instruments with Off-Balance Sheet Risk, carrying value | 0 | 0 |
Carrying Value [Member] | Commitments to Sell Loans [Member] | ' | ' |
Unrecognized Financial Instruments: | ' | ' |
Financial Instruments with Off-Balance Sheet Risk, carrying value | 0 | 0 |
Total [Member] | ' | ' |
Financial Assets: | ' | ' |
Cash and Short-term Investments | 57,214 | 60,232 |
Securities Held-to-Maturity | 186 | 271 |
Loans, Net | 1,391,788 | 1,370,339 |
Accrued Interest Receivable | 7,427 | 7,470 |
Financial Liabilities: | ' | ' |
Demand, Savings, and Money Market Deposits | -1,408,988 | -1,463,122 |
Time Deposits | -335,846 | -351,707 |
Short-term Borrowings | -117,987 | -53,533 |
Long-term Debt | -108,874 | -88,640 |
Accrued Interest Payable | -786 | -777 |
Total [Member] | Commitments to Extend Credit [Member] | ' | ' |
Unrecognized Financial Instruments: | ' | ' |
Financial Instruments with Off-Balance Sheet Risk, fair value | 0 | 0 |
Total [Member] | Standby Letters of Credit [Member] | ' | ' |
Unrecognized Financial Instruments: | ' | ' |
Financial Instruments with Off-Balance Sheet Risk, fair value | 0 | 0 |
Total [Member] | Commitments to Sell Loans [Member] | ' | ' |
Unrecognized Financial Instruments: | ' | ' |
Financial Instruments with Off-Balance Sheet Risk, fair value | $0 | $0 |
Other_Comprehensive_Income_Los2
Other Comprehensive Income (Loss) (Schedule of Accumulated Other Comprehensive Income) (Details) (USD $) | 3 Months Ended | 6 Months Ended | ||
In Thousands, unless otherwise specified | Jun. 30, 2014 | Jun. 30, 2013 | Jun. 30, 2014 | Jun. 30, 2013 |
Accumulated Other Comprehensive Income (Loss) [Line Items] | ' | ' | ' | ' |
Accumulated other comprehensive income, Beginning Balance | ($2,999) | $8,115 | ($5,263) | $10,351 |
Other Comprehensive Income (Loss) Before Reclassification | 2,996 | -9,376 | 5,408 | -11,247 |
Amounts Reclassified from Accumulated Other Comprehensive Income (Loss) | -159 | -278 | -307 | -643 |
Net Current Period Other Comprehensive Income (Loss) | 2,837 | -9,654 | 5,101 | -11,890 |
Accumulated other comprehensive income, Ending Balance | -162 | -1,539 | -162 | -1,539 |
Unrealized Gains and Losses on Available-for-Sale Securities [Member] | ' | ' | ' | ' |
Accumulated Other Comprehensive Income (Loss) [Line Items] | ' | ' | ' | ' |
Accumulated other comprehensive income, Beginning Balance | -2,967 | 8,407 | -5,231 | 10,643 |
Other Comprehensive Income (Loss) Before Reclassification | 2,996 | -9,376 | 5,408 | -11,247 |
Amounts Reclassified from Accumulated Other Comprehensive Income (Loss) | -159 | -278 | -307 | -643 |
Net Current Period Other Comprehensive Income (Loss) | 2,837 | -9,654 | 5,101 | -11,890 |
Accumulated other comprehensive income, Ending Balance | -130 | -1,247 | -130 | -1,247 |
Defined Benefit Pension Items [Member] | ' | ' | ' | ' |
Accumulated Other Comprehensive Income (Loss) [Line Items] | ' | ' | ' | ' |
Accumulated other comprehensive income, Beginning Balance | 0 | -231 | 0 | -231 |
Other Comprehensive Income (Loss) Before Reclassification | 0 | 0 | 0 | 0 |
Amounts Reclassified from Accumulated Other Comprehensive Income (Loss) | 0 | 0 | 0 | 0 |
Net Current Period Other Comprehensive Income (Loss) | 0 | 0 | 0 | 0 |
Accumulated other comprehensive income, Ending Balance | 0 | -231 | 0 | -231 |
Postretirement Benefit Items [Member] | ' | ' | ' | ' |
Accumulated Other Comprehensive Income (Loss) [Line Items] | ' | ' | ' | ' |
Accumulated other comprehensive income, Beginning Balance | -32 | -61 | -32 | -61 |
Other Comprehensive Income (Loss) Before Reclassification | 0 | 0 | 0 | 0 |
Amounts Reclassified from Accumulated Other Comprehensive Income (Loss) | 0 | 0 | 0 | 0 |
Net Current Period Other Comprehensive Income (Loss) | 0 | 0 | 0 | 0 |
Accumulated other comprehensive income, Ending Balance | ($32) | ($61) | ($32) | ($61) |
Other_Comprehensive_Income_Los3
Other Comprehensive Income (Loss) (Classifications out of accumulated other comprehensive income) (Details) (USD $) | 3 Months Ended | 6 Months Ended | ||
In Thousands, unless otherwise specified | Jun. 30, 2014 | Jun. 30, 2013 | Jun. 30, 2014 | Jun. 30, 2013 |
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items] | ' | ' | ' | ' |
Income Tax Expense | $2,797 | $3,229 | $5,529 | $5,743 |
Reclassification out of Accumulated Other Comprehensive Income [Member] | ' | ' | ' | ' |
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items] | ' | ' | ' | ' |
Total Reclassifications for the Period | -159 | -278 | -307 | -643 |
Unrealized Gains and Losses on Available-for-Sale Securities [Member] | Reclassification out of Accumulated Other Comprehensive Income [Member] | ' | ' | ' | ' |
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items] | ' | ' | ' | ' |
Net (Gain) Loss on Securities | -244 | -467 | -472 | -1,080 |
Income Tax Expense | 85 | 189 | 165 | 437 |
Net of Tax | ($159) | ($278) | ($307) | ($643) |