Document And Entity Information
Document And Entity Information - shares | 6 Months Ended | |
Jun. 30, 2015 | Jul. 31, 2015 | |
Document Information [Line Items] | ||
Document Type | 10-Q | |
Amendment Flag | false | |
Document Period End Date | Jun. 30, 2015 | |
Document Fiscal Year Focus | 2,015 | |
Document Fiscal Period Focus | Q2 | |
Trading Symbol | LKFN | |
Entity Common Stock, Shares Outstanding | 16,629,563 | |
Entity Registrant Name | LAKELAND FINANCIAL CORP | |
Entity Central Index Key | 721,994 | |
Current Fiscal Year End Date | --12-31 | |
Entity Filer Category | Accelerated Filer |
CONSOLIDATED BALANCE SHEETS
CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands | Jun. 30, 2015 | Dec. 31, 2014 |
ASSETS | ||
Cash and due from banks | $ 77,567 | $ 75,381 |
Short-term investments | 11,913 | 15,257 |
Total cash and cash equivalents | 89,480 | 90,638 |
Securities available for sale (carried at fair value) | 470,383 | 475,911 |
Real estate mortgage loans held for sale | 3,405 | 1,585 |
Loans, net of allowance for loan losses of $44,816 and $46,262 | 2,848,646 | 2,716,058 |
Land, premises and equipment, net | 43,376 | 41,983 |
Bank owned life insurance | 67,434 | 66,612 |
Federal Reserve and Federal Home Loan Bank stock | 7,668 | 9,413 |
Accrued interest receivable | 9,360 | 8,662 |
Goodwill | 4,970 | 4,970 |
Other assets | 27,384 | 27,452 |
Total assets | 3,572,106 | 3,443,284 |
LIABILITIES | ||
Noninterest bearing deposits | 602,898 | 579,495 |
Interest bearing deposits | 2,417,253 | 2,293,625 |
Total deposits | 3,020,151 | 2,873,120 |
Short-term borrowings | ||
Federal funds purchased | 0 | 500 |
Securities sold under agreements to repurchase | 51,615 | 54,907 |
Other short-term borrowings | 75,000 | 105,000 |
Total short-term borrowings | 126,615 | 160,407 |
Long-term borrowings | 34 | 35 |
Subordinated debentures | 30,928 | 30,928 |
Accrued interest payable | 3,921 | 2,946 |
Other liabilities | 14,693 | 14,463 |
Total liabilities | 3,196,342 | 3,081,899 |
STOCKHOLDERS' EQUITY | ||
Common stock: 90,000,000 shares authorized, no par value 16,618,188 shares issued and 16,528,197 outstanding as of June 30, 2015 16,550,324 shares issued and 16,465,621 outstanding as of December 31, 2014 | 96,865 | 96,121 |
Retained earnings | 278,301 | 263,345 |
Accumulated other comprehensive income | 2,722 | 3,830 |
Treasury stock, at cost (2015 - 89,991 shares, 2014 - 84,703 shares) | (2,213) | (2,000) |
Total stockholders' equity | 375,675 | 361,296 |
Noncontrolling interest | 89 | 89 |
Total equity | 375,764 | 361,385 |
Total liabilities and equity | $ 3,572,106 | $ 3,443,284 |
CONSOLIDATED BALANCE SHEETS (Pa
CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands | Jun. 30, 2015 | Dec. 31, 2014 |
Valuation allowance | $ 44,816 | $ 46,262 |
Common stock, shares authorized (in shares) | 90,000,000 | 90,000,000 |
Common stock, no par value (in dollars per share) | $ 0 | $ 0 |
Common stock, shares issued (in shares) | 16,618,188 | 16,550,324 |
Common stock, shares outstanding (in shares) | 16,528,197 | 16,465,621 |
Treasury stock, at cost | 89,991 | 84,703 |
CONSOLIDATED STATEMENTS OF INCO
CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended | ||
Jun. 30, 2015 | Jun. 30, 2014 | Jun. 30, 2015 | Jun. 30, 2014 | |
Interest and fees on loans | ||||
Taxable | $ 27,315 | $ 26,270 | $ 53,572 | $ 51,604 |
Tax exempt | 117 | 125 | 234 | 223 |
Interest and dividends on securities | ||||
Taxable | 2,002 | 2,028 | 4,450 | 4,039 |
Tax exempt | 842 | 816 | 1,671 | 1,635 |
Interest on short-term investments | 14 | 11 | 27 | 19 |
Total interest income | 30,290 | 29,250 | 59,954 | 57,520 |
Interest on deposits | 3,930 | 3,335 | 7,578 | 6,522 |
Interest on borrowings | ||||
Short-term | 35 | 104 | 95 | 255 |
Long-term | 261 | 257 | 517 | 509 |
Total interest expense | 4,226 | 3,696 | 8,190 | 7,286 |
NET INTEREST INCOME | 26,064 | 25,554 | 51,764 | 50,234 |
Provision for loan losses | 0 | 0 | 0 | 0 |
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES | 26,064 | 25,554 | 51,764 | 50,234 |
NONINTEREST INCOME | ||||
Wealth advisory fees | 1,106 | 977 | 2,290 | 2,016 |
Investment brokerage fees | 311 | 923 | 803 | 2,040 |
Service charges on deposit accounts | 2,573 | 2,348 | 4,947 | 4,499 |
Loan, insurance and service fees | 1,900 | 1,757 | 3,469 | 3,215 |
Merchant card fee income | 431 | 380 | 847 | 730 |
Bank owned life insurance income | 360 | 338 | 735 | 710 |
Other income | 681 | 686 | 1,635 | 1,561 |
Mortgage banking income | 351 | 179 | 740 | 244 |
Net securities gains | 0 | 4 | 42 | 4 |
Total noninterest income | 7,713 | 7,592 | 15,508 | 15,019 |
NONINTEREST EXPENSE | ||||
Salaries and employee benefits | 9,444 | 9,467 | 19,167 | 19,454 |
Net occupancy expense | 915 | 903 | 1,999 | 2,013 |
Equipment costs | 913 | 761 | 1,829 | 1,534 |
Data processing fees and supplies | 1,938 | 1,493 | 3,705 | 2,984 |
Corporate and business development | 714 | 673 | 1,504 | 1,326 |
FDIC insurance and other regulatory fees | 511 | 488 | 997 | 965 |
Professional fees | 728 | 736 | 1,417 | 1,536 |
Other expense | 1,578 | 1,563 | 3,024 | 3,062 |
Total noninterest expense | 16,741 | 16,084 | 33,642 | 32,874 |
INCOME BEFORE INCOME TAX EXPENSE | 17,036 | 17,062 | 33,630 | 32,379 |
Income tax expense | 5,656 | 5,750 | 11,114 | 11,155 |
NET INCOME | $ 11,380 | $ 11,312 | $ 22,516 | $ 21,224 |
BASIC WEIGHTED AVERAGE COMMON SHARES | 16,611,974 | 16,536,112 | 16,601,189 | 16,524,079 |
BASIC EARNINGS PER COMMON SHARE | $ 0.69 | $ 0.68 | $ 1.36 | $ 1.28 |
DILUTED WEIGHTED AVERAGE COMMON SHARES | 16,820,052 | 16,739,069 | 16,795,907 | 16,729,479 |
DILUTED EARNINGS PER COMMON SHARE | $ 0.68 | $ 0.68 | $ 1.34 | $ 1.27 |
CONSOLIDATED STATEMENTS OF COMP
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended | ||
Jun. 30, 2015 | Jun. 30, 2014 | Jun. 30, 2015 | Jun. 30, 2014 | |
Net income | $ 11,380 | $ 11,312 | $ 22,516 | $ 21,224 |
Change in securities available for sale: | ||||
Unrealized holding gain (loss) on securities available for sale arising during the period | (5,230) | 4,761 | (1,568) | 9,552 |
Reclassification adjustment for (gains) losses included in net income | 0 | (4) | (42) | (4) |
Net securities gain (loss) activity during the period | (5,230) | 4,757 | (1,610) | 9,548 |
Tax effect | 2,046 | (1,888) | 603 | (3,792) |
Net of tax amount | (3,184) | 2,869 | (1,007) | 5,756 |
Defined benefit pension plans: | ||||
Net gain (loss) on defined benefit pension plans | 0 | 0 | (276) | 64 |
Amortization of net actuarial loss | 61 | 50 | 122 | 99 |
Net gain (loss) activity during the period | 61 | 50 | (154) | 163 |
Tax effect | (24) | (21) | 53 | (73) |
Net of tax amount | 37 | 29 | (101) | 90 |
Total other comprehensive income (loss), net of tax | (3,147) | 2,898 | (1,108) | 5,846 |
Comprehensive income | $ 8,233 | $ 14,210 | $ 21,408 | $ 27,070 |
CONSOLIDATED STATEMENTS OF CHAN
CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($) $ in Thousands | Total | Common Stock [Member] | Retained Earnings [Member] | Accumulated Other Comprehensive Income (Loss) [Member] | Treasury Stock [Member] |
Balance at Dec. 31, 2013 | $ 321,875 | $ 93,249 | $ 233,108 | $ (2,494) | $ (1,988) |
Balance (in shares) at Dec. 31, 2013 | 16,377,449 | ||||
Comprehensive income: | |||||
Net income | 21,224 | 21,224 | |||
Other comprehensive income (loss), net of tax | 5,846 | 5,846 | |||
Cash dividends declared | (6,617) | (6,617) | |||
Treasury shares purchased under deferred directors' plan (in shares) | (6,022) | ||||
Treasury shares purchased under deferred directors' plan | 0 | $ 230 | (230) | ||
Treasury stock sold and distributed under deferred directors' plan (in shares) | 25,031 | ||||
Treasury stock sold and distributed under deferred directors' plan | $ (432) | 432 | |||
Stock activity under equity compensation plans (in shares) | 62,901 | ||||
Stock activity under equity compensation plans | (70) | $ (70) | |||
Stock based compensation expense | 1,228 | 1,228 | |||
Balance at Jun. 30, 2014 | 343,486 | $ 94,205 | 247,715 | 3,352 | (1,786) |
Balance (in shares) at Jun. 30, 2014 | 16,459,359 | ||||
Balance at Dec. 31, 2014 | 361,296 | $ 96,121 | 263,345 | 3,830 | (2,000) |
Balance (in shares) at Dec. 31, 2014 | 16,465,621 | ||||
Comprehensive income: | |||||
Net income | 22,516 | 22,516 | |||
Other comprehensive income (loss), net of tax | (1,108) | (1,108) | |||
Cash dividends declared | (7,560) | (7,560) | |||
Treasury shares purchased under deferred directors' plan (in shares) | (5,288) | ||||
Treasury shares purchased under deferred directors' plan | 0 | $ 213 | (213) | ||
Stock activity under equity compensation plans (in shares) | 67,864 | ||||
Stock activity under equity compensation plans | (390) | $ (390) | |||
Stock based compensation expense | 921 | 921 | |||
Balance at Jun. 30, 2015 | $ 375,675 | $ 96,865 | $ 278,301 | $ 2,722 | $ (2,213) |
Balance (in shares) at Jun. 30, 2015 | 16,528,197 |
CONSOLIDATED STATEMENTS OF CHA7
CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS EQUITY (Parenthetical) - $ / shares | 6 Months Ended | |
Jun. 30, 2015 | Jun. 30, 2014 | |
Common Stock, Dividends, Per Share, Declared | $ 0.455 | $ 0.40 |
CONSOLIDATED STATEMENTS OF CASH
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands | 6 Months Ended | |
Jun. 30, 2015 | Jun. 30, 2014 | |
Cash flows from operating activities: | ||
Net income | $ 22,516 | $ 21,224 |
Adjustments to reconcile net income to net cash from operating activities: | ||
Depreciation | 1,915 | 1,657 |
Net (gain) loss on sale and write down of other real estate owned | (14) | 58 |
Amortization of loan servicing rights | 279 | 262 |
Loans originated for sale | (38,470) | (26,251) |
Net gain on sales of loans | (814) | (493) |
Proceeds from sale of loans | 37,106 | 27,269 |
Net gain on sales of premises and equipment | (11) | (5) |
Net gain on sales and calls of securities available for sale | (42) | (4) |
Net securities amortization | 2,353 | 2,893 |
Stock based compensation expense | 921 | 1,228 |
Earnings on life insurance | (735) | (709) |
Tax benefit of stock option exercises | (56) | (34) |
Net change: | ||
Interest receivable and other assets | 75 | (618) |
Interest payable and other liabilities | 1,422 | (665) |
Total adjustments | 3,929 | 4,588 |
Net cash from operating activities | 26,445 | 25,812 |
Cash flows from investing activities: | ||
Proceeds from sale of securities available for sale | 7,787 | 0 |
Proceeds from maturities, calls and principal paydowns of securities available for sale | 37,682 | 29,218 |
Purchases of securities available for sale | (43,862) | (29,454) |
Purchase of life insurance | (208) | (124) |
Proceeds from loans sold to others | 0 | 4,307 |
Net increase in total loans | (132,782) | (146,573) |
Proceeds from sales of land, premises and equipment | 24 | 6 |
Purchases of land, premises and equipment | (3,321) | (2,190) |
Proceeds from redemption of Federal Home Loan Bank stock | 1,745 | 0 |
Proceeds from sales of other real estate | 257 | 150 |
Distribution from life insurance | 0 | 302 |
Net cash from investing activities | (132,678) | (144,358) |
Cash flows from financing activities: | ||
Net increase in total deposits | 147,031 | 281,677 |
Net decrease in short-term borrowings | (33,792) | (58,915) |
Payments on long-term borrowings | (1) | (2) |
Common dividends paid | (7,547) | (6,604) |
Preferred dividends paid | (13) | (13) |
Payments related to equity incentive plans | (390) | (70) |
Purchase of treasury stock | (213) | (230) |
Net cash from financing activities | 105,075 | 215,843 |
Net change in cash and cash equivalents | (1,158) | 97,297 |
Cash and cash equivalents at beginning of the period | 90,638 | 63,105 |
Cash and cash equivalents at end of the period | 89,480 | 160,402 |
Cash paid during the period for: | ||
Interest | 7,215 | 7,208 |
Income taxes | 9,864 | 10,185 |
Supplemental non-cash disclosures: | ||
Loans transferred to other real estate owned | 194 | 845 |
Securities purchases payable | $ 0 | $ 0 |
BASIS OF PRESENTATION
BASIS OF PRESENTATION | 6 Months Ended |
Jun. 30, 2015 | |
Organization, Consolidation and Presentation of Financial Statements [Abstract] | |
BASIS OF PRESENTATION | NOTE 1. BASIS OF PRESENTATION This report is filed for Lakeland Financial Corporation (the “Company”) and its wholly owned subsidiaries, Lake City Bank (the “Bank”) and LCB Risk Management, a captive insurance company. Also included in this report is the Bank’s wholly owned subsidiary, LCB Investments II, Inc. (“LCB Investments”), which manages a portion of the Bank’s investment portfolio. LCB Investments also owns LCB Funding, Inc. (“LCB Funding”), a real estate investment trust. All significant inter-company balances and transactions have been eliminated in consolidation. The unaudited consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) for interim financial information and with the instructions for Form 10-Q. Accordingly, they do not include all of the information and footnotes required by GAAP for complete financial statements and are unaudited. In the opinion of management, all adjustments (all of which are normal and recurring in nature) considered necessary for a fair presentation have been included. Operating results for the three-month and six-month periods ending June 30, 2015 are not necessarily indicative of the results that may be expected for any subsequent reporting periods, including the year ending December 31, 2015. The Company’s 2014 Annual Report on Form 10-K should be read in conjunction with these statements. |
SECURITIES
SECURITIES | 6 Months Ended |
Jun. 30, 2015 | |
Securities [Abstract] | |
SECURITIES | NOTE 2. SECURITIES Information related to the fair value and amortized cost of securities available for sale and the related gross unrealized gains and losses recognized in accumulated other comprehensive income (loss) is provided in the tables below. Gross Gross Amortized Unrealized Unrealized Fair (dollars in thousands) Cost Gain Losses Value June 30, 2015 U.S. Treasury securities $987 $15 $0 $1,002 Agency residential mortgage-backed securities 356,737 7,098 (1,917) 361,918 State and municipal securities 105,339 3,034 (910) 107,463 Total $463,063 $10,147 $(2,827) $470,383 December 31, 2014 U.S. Treasury securities $986 $18 $0 $1,004 Agency residential mortgage-backed securities 366,596 7,178 (1,679) 372,095 State and municipal securities 99,399 3,857 (444) 102,812 Total $466,981 $11,053 $(2,123) $475,911 Information regarding the fair value and amortized cost of available for sale debt securities by maturity as of June 30, 2015 is presented below. Maturity information is based on contractual maturity for all securities other than mortgage-backed securities. Actual maturities of securities may differ from contractual maturities because borrowers may have the right to prepay the obligation without a prepayment penalty. Amortized Fair (dollars in thousands) Cost Value Due in one year or less $5,048 $5,083 Due after one year through five years 18,923 19,673 Due after five years through ten years 45,452 46,942 Due after ten years 36,903 36,767 106,326 108,465 Mortgage-backed securities 356,737 361,918 Total debt securities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $463,063 $470,383 Securities proceeds, gross gains and gross losses are presented below. Six months ended June 30, (dollars in thousands) 2015 2014 Sales of securities available for sale Proceeds $7,787 $0 Gross gains 42 0 Gross losses 0 0 The Company sold two securities with a total book value of $7.7 million and a total fair value of $7.8 million during the first six months of 2015. There were no securities sales during the first six months of 2014. Purchase premiums or discounts are recognized in interest income using the interest method over the terms of the securities or over the estimated lives of mortgage-backed securities. Gains and losses on sales are based on the amortized cost of the security sold and recorded on the trade date. Securities with carrying values of $179.9 million and $202.4 million were pledged as of June 30, 2015 and December 31, 2014, as collateral for deposits of public funds, securities sold under agreements to repurchase, borrowings from the Federal Home Loan Bank and for other purposes as permitted or required by law. Information regarding securities with unrealized losses as of June 30, 2015 and December 31, 2014 is presented below. The tables divide the securities between those with unrealized losses for less than twelve months and those with unrealized losses for twelve months or more. Less than 12 months 12 months or more Total Fair Unrealized Fair Unrealized Fair Unrealized (dollars in thousands) Value Losses Value Losses Value Losses June 30, 2015 Agency residential mortgage-backed securities $96,752 $(1,146) $30,924 $(771) $127,676 $(1,917) State and municipal securities 21,660 (514) 9,319 (396) 30,979 (910) Total temporarily impaired $118,412 $(1,660) $40,243 $(1,167) $158,655 $(2,827) December 31, 2014 Agency residential mortgage-backed securities $33,420 $(148) $102,512 $(1,531) $135,932 $(1,679) State and municipal securities 2,458 (28) 16,391 (416) 18,849 (444) Total temporarily impaired $35,878 $(176) $118,903 $(1,947) $154,781 $(2,123) The total number of securities with unrealized losses as of June 30, 2015 and December 31, 2014 is presented below. Less than 12 months 12 months or more Total June 30, 2015 Agency residential mortgage-backed securities 31 9 40 State and municipal securities 48 13 61 Total temporarily impaired 79 22 101 December 31, 2014 Agency residential mortgage-backed securities 9 27 36 State and municipal securities 8 29 37 Total temporarily impaired 17 56 73 The following factors are considered in determining whether or not the impairment of these securities is other-than-temporary. In making this determination, management considers the extent and duration of the unrealized loss, and the financial condition and near-term prospects of the issuer, as well as the underlying fundamentals of the relevant market and the outlook for such market in the near future. Management also assesses whether it intends to sell, or it is more likely than not that it will be required to sell, a security in an unrealized loss position before recovery of its amortized cost basis. If either of the criteria regarding intent or requirement to sell is met, the entire difference between amortized cost and fair value is recognized as impairment through earnings. For debt securities that do not meet the aforementioned criteria, the amount of impairment is split into two components as follows: 1) OTTI related to credit loss, which must be recognized in the income statement and 2) OTTI related to other factors, which is recognized in other comprehensive income. Credit loss is defined as the difference between the present value of the cash flows expected to be collected and the amortized cost basis. For equity securities, the entire amount of impairment is recognized through earnings. As of June 30, 2014 and December 31, 2014, ninety-nine percent of the securities in the Company’s portfolio are backed by the U.S. government, government agencies, government sponsored agencies or are A-rated or better, except for certain non-local or local municipal securities, which are not rated. For the government, government-sponsored agency and municipal securities, management did not believe that there would be credit losses or that full principal would not be received. Management considered the unrealized losses on these securities to be primarily interest rate driven and does not expect material losses given current market conditions unless the securities are sold. However, at this time management does not have the intent to sell, and it is more likely than not that the Company will not be required to sell these securities before the recovery of their amortized cost basis. |
LOANS
LOANS | 6 Months Ended |
Jun. 30, 2015 | |
Loans [Abstract] | |
LOANS | NOTE 3. LOANS June 30, December 31, (dollars in thousands) 2015 2014 Commercial and industrial loans: Working capital lines of credit loans $606,169 20.9 % $544,043 19.7 % Non-working capital loans 537,708 18.6 491,330 17.8 Total commercial and industrial loans 1,143,877 39.5 1,035,373 37.5 Commercial real estate and multi-family residential loans: Construction and land development loans 152,292 5.3 156,636 5.7 Owner occupied loans 409,650 14.2 403,154 14.6 Nonowner occupied loans 399,583 13.8 394,458 14.3 Multifamily loans 90,175 3.1 71,811 2.6 Total commercial real estate and multi-family residential loans 1,051,700 36.3 1,026,059 37.1 Agri-business and agricultural loans: Loans secured by farmland 156,001 5.4 137,407 5.0 Loans for agricultural production 95,327 3.3 136,380 4.9 Total agri-business and agricultural loans 251,328 8.7 273,787 9.9 Other commercial loans 82,247 2.8 75,715 2.7 Total commercial loans 2,529,152 87.4 2,410,934 87.3 Consumer 1-4 family mortgage loans: Closed end first mortgage loans 148,977 5.1 145,167 5.3 Open end and junior lien loans 155,902 5.4 150,220 5.4 Residential construction and land development loans 8,821 0.3 6,742 0.2 Total consumer 1-4 family mortgage loans 313,700 10.8 302,129 10.9 Other consumer loans 50,813 1.8 49,541 1.8 Total consumer loans 364,513 12.6 351,670 12.7 Subtotal 2,893,665 100.0 % 2,762,604 100.0 % Less: Allowance for loan losses (44,816) (46,262) Net deferred loan fees (203) (284) Loans, net $2,848,646 $2,716,058 The recorded investment in loans does not include accrued interest. The Company had $925,000 in residential real estate loans in process of foreclosure as of June 30, 2015. |
ALLOWANCE FOR LOAN LOSSES AND C
ALLOWANCE FOR LOAN LOSSES AND CREDIT QUALITY | 6 Months Ended |
Jun. 30, 2015 | |
Loans [Abstract] | |
ALLOWANCE FOR LOAN LOSSES AND CREDIT QUALITY | NOTE 4. ALLOWANCE FOR LOAN LOSSES AND CREDIT QUALITY The following tables present the activity in the allowance for loan losses by portfolio segment for the three-month periods ended June 30, 2015 and 2014: Commercial Real Estate Commercial and Agri-business Consumer and Multifamily and Other 1-4 Family Other (dollars in thousands) Industrial Residential Agricultural Commercial Mortgage Consumer Unallocated Total Three Months Ended June 30, 2015 Beginning balance, April 1 $23,024 $13,804 $1,627 $398 $3,313 $430 $3,081 $45,677 Provision for loan losses (228) (283) 248 (40) 160 (16) 159 0 Loans charged-off (507) (429) 0 0 (6) (53) 0 (995) Recoveries 71 20 6 0 6 31 0 134 Net loans charged-off (436) (409) 6 0 0 (22) 0 (861) Ending balance $22,360 $13,112 $1,881 $358 $3,473 $392 $3,240 $44,816 Commercial Real Estate Commercial and Agri-business Consumer and Multifamily and Other 1-4 Family Other (dollars in thousands) Industrial Residential Agricultural Commercial Mortgage Consumer Unallocated Total Three Months Ended June 30, 2014 Beginning balance $21,730 $15,648 $1,408 $249 $3,064 $549 $3,489 $46,137 Provision for loan losses (343) 329 (10) (15) 276 (56) (181) 0 Loans charged-off (483) (22) 0 0 (107) (43) 0 (655) Recoveries 18 20 6 0 42 37 0 123 Net loans charged-off (465) (2) 6 0 (65) (6) 0 (532) Ending balance $20,922 $15,975 $1,404 $234 $3,275 $487 $3,308 $45,605 The following tables present the activity in the allowance for loan losses by portfolio segment for the six-month periods ended June 30, 2015 and 2014: Commercial Real Estate Commercial and Agri-business Consumer and Multifamily and Other 1-4 Family Other (dollars in thousands) Industrial Residential Agricultural Commercial Mortgage Consumer Unallocated Total Six Months Ended June 30, 2015 Beginning balance, January 1 $22,785 $14,153 $1,790 $276 $3,459 $483 $3,316 $46,262 Provision for loan losses 328 (621) 81 204 135 (51) (76) 0 Loans charged-off (876) (459) 0 (122) (140) (106) 0 (1,703) Recoveries 123 39 10 0 19 66 0 257 Net loans charged-off (753) (420) 10 (122) (121) (40) 0 (1,446) Ending balance $22,360 $13,112 $1,881 $358 $3,473 $392 $3,240 $44,816 Commercial Real Estate Commercial and Agri-business Consumer and Multifamily and Other 1-4 Family Other (dollars in thousands) Industrial Residential Agricultural Commercial Mortgage Consumer Unallocated Total Six Months Ended June 30, 2014 Beginning balance $21,005 $18,556 $1,682 $391 $3,046 $608 $3,509 $48,797 Provision for loan losses 377 (59) (289) (157) 408 (79) (201) 0 Loans charged-off (513) (2,553) 0 0 (222) (118) 0 (3,406) Recoveries 53 31 11 0 43 76 0 214 Net loans charged-off (460) (2,522) 11 0 (179) (42) 0 (3,192) Ending balance $20,922 $15,975 $1,404 $234 $3,275 $487 $3,308 $45,605 The following tables present the balance in the allowance for loan losses and the recorded investment in loans by portfolio segment and based on impairment method as of June 30, 2015 and December 31, 2014: Commercial Real Estate Commercial and Agri-business Consumer and Multifamily and Other 1-4 Family Other (dollars in thousands) Industrial Residential Agricultural Commercial Mortgage Consumer Unallocated Total June 30, 2015 Allowance for loan losses: Ending allowance balance attributable to loans: Individually evaluated for impairment $2,228 $862 $0 $0 $416 $66 $0 $3,572 Collectively evaluated for impairment 20,132 12,250 1,881 358 3,057 326 3,240 41,244 Total ending allowance balance $22,360 $13,112 $1,881 $358 $3,473 $392 $3,240 $44,816 Loans: Loans individually evaluated for impairment $7,411 $11,209 $477 $0 $3,126 $112 $0 $22,335 Loans collectively evaluated for impairment 1,136,650 1,039,318 250,933 82,242 311,370 50,614 0 2,871,127 Total ending loans balance $1,144,061 $1,050,527 $251,410 $82,242 $314,496 $50,726 $0 $2,893,462 Commercial Real Estate Commercial and Agri-business Consumer and Multifamily and Other 1-4 Family Other (dollars in thousands) Industrial Residential Agricultural Commercial Mortgage Consumer Unallocated Total December 31, 2014 Allowance for loan losses: Ending allowance balance attributable to loans: Individually evaluated for impairment $3,306 $1,531 $14 $15 $482 $73 $0 $5,421 Collectively evaluated for impairment 19,479 12,622 1,776 261 2,977 410 3,316 40,841 Total ending allowance balance $22,785 $14,153 $1,790 $276 $3,459 $483 $3,316 $46,262 Loans: Loans individually evaluated for impairment $14,702 $13,005 $486 $30 $3,614 $127 $0 $31,964 Loans collectively evaluated for impairment 1,020,897 1,011,858 273,388 75,684 299,189 49,340 0 2,730,356 Total ending loans balance $1,035,599 $1,024,863 $273,874 $75,714 $302,803 $49,467 $0 $2,762,320 The following table presents loans individually evaluated for impairment by class of loans as of June 30, 2015: Unpaid Allowance for Principal Recorded Loan Losses (dollars in thousands) Balance Investment Allocated With no related allowance recorded: Commercial and industrial loans: Working capital lines of credit loans $21 $21 $0 Non-working capital loans 2,519 752 0 Commercial real estate and multi-family residential loans: Construction and land development loans 0 0 0 Owner occupied loans 2,737 2,557 0 Nonowner occupied loans 5,536 5,541 0 Multifamily loans 0 0 0 Agri-business and agricultural loans: Loans secured by farmland 976 477 0 Loans for ag production 0 0 0 Other commercial loans 0 0 0 Consumer 1-4 family loans: Closed end first mortgage loans 403 338 0 Open end and junior lien loans 132 132 0 Residential construction loans 0 0 0 Other consumer loans 4 4 0 With an allowance recorded: Commercial and industrial loans: Working capital lines of credit loans 983 983 433 Non-working capital loans 7,847 5,655 1,795 Commercial real estate and multi-family residential loans: Construction and land development loans 373 373 58 Owner occupied loans 2,768 2,738 804 Nonowner occupied loans 0 0 0 Multifamily loans 0 0 0 Agri-business and agricultural loans: Loans secured by farmland 0 0 0 Loans for agricultural production 0 0 0 Other commercial loans 0 0 0 Consumer 1-4 family mortgage loans: Closed end first mortgage loans 2,721 2,622 413 Open end and junior lien loans 34 34 3 Residential construction loans 0 0 0 Other consumer loans 108 108 66 Total $27,162 $22,335 $3,572 The following table presents loans individually evaluated for impairment by class of loans as of December 31, 2014: Unpaid Allowance for Principal Recorded Loan Losses (dollars in thousands) Balance Investment Allocated With no related allowance recorded: Commercial and industrial loans: Working capital lines of credit loans $21 $21 $0 Non-working capital loans 1,673 279 0 Commercial real estate and multi-family residential loans: Construction and land development loans 526 526 0 Owner occupied loans 554 374 0 Nonowner occupied loans 3,030 3,036 0 Agri-business and agricultural loans: Loans secured by farmland 603 283 0 Consumer 1-4 family loans: Closed end first mortgage loans 724 712 0 Open end and junior lien loans 317 317 0 Residential construction loans 129 129 0 Other consumer loans 1 1 0 With an allowance recorded: Commercial and industrial loans: Working capital lines of credit loans 1,409 1,408 837 Non-working capital loans 15,557 12,994 2,469 Commercial real estate and multi-family residential loans: Construction and land development loans 449 448 107 Owner occupied loans 5,298 5,297 1,213 Nonowner occupied loans 3,324 3,324 211 Agri-business and agricultural loans: Loans secured by farmland 381 203 14 Other commercial loans 30 30 15 Consumer 1-4 family mortgage loans: Closed end first mortgage loans 2,505 2,375 474 Open end and junior lien loans 81 81 8 Other consumer loans 126 126 73 Total $36,738 $31,964 $5,421 The following table presents loans individually evaluated for impairment by class of loans as of and for the three-month period ended June 30, 2015: Cash Basis Average Interest Interest Recorded Income Income (dollars in thousands) Investment Recognized Recognized With no related allowance recorded: Commercial and industrial loans: Working capital lines of credit loans $21 $0 $0 Non-working capital loans 767 0 0 Commercial real estate and multi-family residential loans: Construction and land development loans 0 0 0 Owner occupied loans 2,865 0 0 Nonowner occupied loans 5,590 26 27 Multifamily loans 0 0 0 Agri-business and agricultural loans: Loans secured by farmland 479 0 0 Loans for ag production 0 0 0 Other commercial loans 0 0 0 Consumer 1-4 family loans: Closed end first mortgage loans 329 0 0 Open end and junior lien loans 245 0 0 Residential construction loans 0 0 0 Other consumer loans 4 0 0 With an allowance recorded: Commercial and industrial loans: Working capital lines of credit loans 994 7 7 Non-working capital loans 9,670 112 124 Commercial real estate and multi-family residential loans: Construction and land development loans 373 4 5 Owner occupied loans 2,753 0 0 Nonowner occupied loans 0 0 0 Multifamily loans 0 0 0 Agri-business and agricultural loans: Loans secured by farmland 0 0 0 Loans for agricultural production 0 0 0 Other commercial loans 0 0 0 Consumer 1-4 family mortgage loans: Closed end first mortgage loans 2,687 16 16 Open end and junior lien loans 34 0 0 Residential construction loans 0 0 0 Other consumer loans 111 1 1 Total $26,922 $166 $180 The following table presents loans individually evaluated for impairment by class of loans as of and for the three-month period ended June 30, 2014: Cash Basis Average Interest Interest Recorded Income Income (dollars in thousands) Investment Recognized Recognized With no related allowance recorded: Commercial and industrial loans: Working capital lines of credit loans $462 $0 $1 Non-working capital loans 124 0 0 Commercial real estate and multi-family residential loans: Construction and land development loans 0 0 0 Owner occupied loans 168 0 0 Nonowner occupied loans 344 0 0 Multifamily loans 0 0 0 Agri-business and agricultural loans: Loans secured by farmland 0 0 0 Loans for ag production 0 0 0 Other commercial loans 0 0 0 Consumer 1-4 family loans: Closed end first mortgage loans 688 0 0 Open end and junior lien loans 157 0 0 Residential construction loans 141 0 0 Other consumer loans 3 0 0 With an allowance recorded: Commercial and industrial loans: Working capital lines of credit loans 1,549 21 16 Non-working capital loans 13,898 134 136 Commercial real estate and multi-family residential loans: Construction and land development loans 2,695 15 16 Owner occupied loans 1,921 6 0 Nonowner occupied loans 7,218 35 35 Multifamily loans 0 0 0 Agri-business and agricultural loans: Loans secured by farmland 616 0 0 Loans for agricultural production 0 0 0 Other commercial loans 0 0 0 Consumer 1-4 family mortgage loans: Closed end first mortgage loans 2,736 17 17 Open end and junior lien loans 29 0 0 Residential construction loans 0 0 0 Other consumer loans 82 0 0 Total $32,831 $228 $221 The following table presents loans individually evaluated for impairment by class of loans as of and for the six-month period ended June 30, 2015: Cash Basis Average Interest Interest Recorded Income Income (dollars in thousands) Investment Recognized Recognized With no related allowance recorded: Commercial and industrial loans: Working capital lines of credit loans $21 $0 $0 Non-working capital loans 565 1 1 Commercial real estate and multi-family residential loans: Construction and land development loans 263 0 0 Owner occupied loans 1,704 0 0 Nonowner occupied loans 4,053 54 56 Multifamily loans 0 0 0 Agri-business and agricultural loans: Loans secured by farmland 381 0 0 Loans for ag production 0 0 0 Other commercial loans 0 0 0 Consumer 1-4 family loans: Closed end first mortgage loans 244 0 0 Open end and junior lien loans 292 0 0 Residential construction loans 21 0 0 Other consumer loans 2 0 0 With an allowance recorded: Commercial and industrial loans: Working capital lines of credit loans 1,003 16 14 Non-working capital loans 11,118 234 247 Commercial real estate and multi-family residential loans: Construction and land development loans 411 8 9 Owner occupied loans 4,201 21 22 Nonowner occupied loans 1,635 0 0 Multifamily loans 0 0 0 Agri-business and agricultural loans: Loans secured by farmland 100 0 0 Loans for agricultural production 0 0 0 Other commercial loans 5 0 0 Consumer 1-4 family mortgage loans: Closed end first mortgage loans 2,850 33 30 Open end and junior lien loans 34 0 0 Residential construction loans 0 0 0 Other consumer loans 116 2 2 Total $29,019 $369 $381 The following table presents loans individually evaluated for impairment by class of loans as of and for the six-month period ended June 30, 2014: Cash Basis Average Interest Interest Recorded Income Income (dollars in thousands) Investment Recognized Recognized With no related allowance recorded: Commercial and industrial loans: Working capital lines of credit loans $287 $1 $1 Non-working capital loans 62 0 0 Commercial real estate and multi-family residential loans: Construction and land development loans 0 0 0 Owner occupied loans 243 0 0 Nonowner occupied loans 349 0 0 Multifamily loans 0 0 0 Agri-business and agricultural loans: Loans secured by farmland 196 0 0 Loans for ag production 0 0 0 Other commercial loans 0 0 0 Consumer 1-4 family loans: Closed end first mortgage loans 689 0 0 Open end and junior lien loans 113 0 0 Residential construction loans 144 0 0 Other consumer loans 2 0 0 With an allowance recorded: Commercial and industrial loans: Working capital lines of credit loans 2,000 33 29 Non-working capital loans 13,840 260 262 Commercial real estate and multi-family residential loans: Construction and land development loans 2,663 30 31 Owner occupied loans 2,816 19 14 Nonowner occupied loans 9,526 69 69 Multifamily loans 0 0 0 Agri-business and agricultural loans: 0 Loans secured by farmland 559 0 0 Loans for agricultural production 0 0 0 Other commercial loans 0 0 0 Consumer 1-4 family mortgage loans: 0 Closed end first mortgage loans 2,835 33 36 Open end and junior lien loans 73 0 0 Residential construction loans 0 0 0 Other consumer loans 87 0 0 Total $36,484 $445 $442 The following table presents the aging of the recorded investment in past due loans as of June 30, 2015 by class of loans: 30-89 Greater than Loans Not Days 90 Days Total (dollars in thousands) Past Due Past Due Past Due Nonaccrual Past Due Total Commercial and industrial loans: Working capital lines of credit loans $605,190 $40 $0 $580 $620 $605,810 Non-working capital loans 534,829 127 275 3,020 3,422 538,251 Commercial real estate and multi-family residential loans: Construction and land development loans 151,936 0 0 0 0 151,936 Owner occupied loans 401,579 2,439 0 5,295 7,734 409,313 Nonowner occupied loans 395,575 269 0 3,359 3,628 399,203 Multifamily loans 90,075 0 0 0 0 90,075 Agri-business and agricultural loans: Loans secured by farmland 155,526 0 0 477 477 156,003 Loans for agricultural production 95,407 0 0 0 0 95,407 Other commercial loans 82,242 0 0 0 0 82,242 Consumer 1-4 family mortgage loans: Closed end first mortgage loans 146,031 1,508 9 1,154 2,671 148,702 Open end and junior lien loans 156,736 86 0 166 252 156,988 Residential construction loans 8,806 0 0 0 0 8,806 Other consumer loans 50,569 117 0 40 157 50,726 Total $2,874,501 $4,586 $284 $14,091 $18,961 $2,893,462 The following table presents the aging of the recorded investment in past due loans as of December 31, 2014 by class of loans: 30-89 Greater than Loans Not Days 90 Days Total (dollars in thousands) Past Due Past Due Past Due Nonaccrual Past Due Total Commercial and industrial loans: Working capital lines of credit loans $543,613 $0 $0 $632 $632 $544,245 Non-working capital loans 487,655 0 101 3,598 3,699 491,354 Commercial real estate and multi-family residential loans: Construction and land development loans 155,711 0 0 526 526 156,237 Owner occupied loans 399,028 800 0 3,049 3,849 402,877 Nonowner occupied loans 390,394 31 0 3,629 3,660 394,054 Multi-family loans 71,695 0 0 0 0 71,695 Agri-business and agricultural loans: Loans secured by farmland 136,923 0 0 485 485 137,408 Loans for agricultural production 136,466 0 0 0 0 136,466 Other commercial loans 75,684 0 0 30 30 75,714 Consumer 1-4 family mortgage loans: Closed end first mortgage loans 142,615 1,198 20 1,051 2,269 144,884 Open end and junior lien loans 150,551 235 9 398 642 151,193 Residential construction loans 6,597 0 0 129 129 6,726 Other consumer loans 49,308 108 0 51 159 49,467 Total $2,746,240 $2,372 $130 $13,578 $16,080 $2,762,320 Troubled Debt Restructurings: Troubled debt restructured loans are included in the totals for impaired loans. The Company has allocated $2.7 million and $3.4 million of specific reserves to customers whose loan terms have been modified in troubled debt restructurings as of June 30, 2015 and December 31, 2014. The Company is not committed to lend additional funds to debtors whose loans have been modified in a troubled debt restructuring. June 30, December 31, (dollars in thousands) 2015 2014 Accruing troubled debt restructured loans $7,606 $16,492 Nonaccrual troubled debt restructured loans 11,177 9,161 Total troubled debt restructured loans $18,783 $25,653 During the quarter ending June 30, 2015, certain loans were modified as troubled debt restructurings. The modified terms of these loans include one or a combination of the following: inadequate compensation for the terms of the restructure or renewal; a modification of the repayment terms which delays principal repayment for some period; or renewal terms offered to borrowers in financial distress where no additional credit enhancements were obtained at the time of renewal. There were renewal terms offered to two borrowers under financial duress which did not require additional compensation or consideration, and the terms offered would not have been readily available in the marketplace for loans bearing similar risk profiles. In these instances, it was determined that a concession had been granted. It is difficult to quantify the concessions granted due to an absence of readily available market terms to be used for comparison. These loans were both commercial and industrial working capital loans with recorded investments of $379,000 and $185,000, respectively. During the quarter ending March 31, 2015, there were renewal terms offered to one borrower under financial duress which did not require additional compensation or consideration, and the terms offered would not have been readily available in the marketplace for loans bearing similar risk profiles. In this instance, it was determined that a concession had been granted. It is difficult to quantify the concession granted due to an absence of readily available market terms to be used for comparison. The loan to the borrower is for a commercial real estate building where the collateral value and cash flows from the company occupying the building did not support the loan with a recorded investment of $788,000. The following table presents loans by class modified as new troubled debt restructurings that occurred during the three month period ending June 30, 2015: All Modifications Modified Repayment Terms Pre-Modification Post-Modification Extension Outstanding Outstanding Period or Number of Recorded Recorded Number of Range (dollars in thousands) Loans Investment Investment Loans (in months) Troubled Debt Restructurings Commercial and industrial loans: Working capital lines of credit loans 2 $564 $564 Non-working capital loans 1 783 783 1 12 Commercial real estate and multi- family residential loans: Owner occupied loans 1 67 67 1 6 Total 4 $1,414 $1,414 2 6-12 The following table presents loans by class modified as new troubled debt restructurings that occurred during the six month period ending June 30, 2015: All Modifications Modified Repayment Terms Pre-Modification Post-Modification Extension Outstanding Outstanding Period or Number of Recorded Recorded Number of Range (dollars in thousands) Loans Investment Investment Loans (in months) Troubled Debt Restructurings Commercial and industrial loans: Working capital lines of credit loans 2 $564 $564 Non-working capital loans 1 783 783 1 12 Commercial real estate and multi- family residential loans: Owner occupied loans 2 855 855 1 6 Total 5 $2,202 $2,202 2 6-12 For the three month period ending June 30, 2015, the commercial and industrial troubled debt restructurings described above increased the allowance for loan losses by $49,000 and the commercial real estate and multi-family residential loan troubled debt restructuring described above decreased the allowance for loan losses by $28,000. For the six month period ending June 30, 2015, the commercial and industrial troubled debt restructurings described above increased the allowance for loan losses by $170,000 and the commercial real estate and multi-family residential loan troubled debt restructuring described above decreased the allowance for loan losses by $22,000. No charge-offs resulted from the troubled debt restructuring described above during the three or six month periods ending June 30, 2015. For the three month period ending June 30, 2014, the commercial and industrial troubled debt restructurings increased the allowance for loan losses by $36,000 and the commercial real estate and multi-family residential loan troubled debt restructuring increased the allowance for loan losses by $8,000. For the six month period ending June 30, 2014, the commercial and industrial troubled debt restructurings increased the allowance for loan losses by $137,000 and the commercial real estate and multi-family residential loan troubled debt restructuring increased the allowance for loan losses by $2,000. No charge-offs resulted from the troubled debt restructuring during the three or six month periods ending June 30, 2014. No loans were modified as troubled debt restructurings during the second quarter of 2014. The following table presents loans by class modified as troubled debt restructurings that occurred during the six months ending June 30, 2014: All Modifications Modified Repayment Terms Pre-Modification Post-Modification Extension Outstanding Outstanding Period or Number of Recorded Recorded Number of Range (dollars in thousands) Loans Investment Investment Loans (in months) Troubled Debt Restructurings Commercial and industrial loans: Non-working capital loans 2 $ 433 $ 433 2 12-15 Commercial real estate and multi- family residential loans: Owner occupied loans 1 158 159 Total 3 $ 591 $ 592 2 12-15 There were no troubled debt restructurings that had payment defaults within the twelve months following modification during the three or six month periods ended June 30, 2015 and the three month period ended June 30, 2014. 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 analyzes commercial loans individually by classifying the loans as to credit risk. This analysis is performed on a quarterly basis for Special Mention, Substandard and Doubtful grade loans and annually on Pass grade loans over $150,000. 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 Company 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 characteristics 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 with the exception of consumer troubled debt restructurings which are evaluated and listed with Substandard commercial grade loans and consumer nonaccrual loans which are evaluated individually and listed with Not Rated loans. Loans listed as Not Rated are consumer loans included in groups of homogenous loans which are analyzed for credit quality indicators utilizing delinquency status. As of June 30, 2015, and based on the most recent analysis performed, the risk category of loans by class of loans is as follows: Special Not (dollars in thousands) Pass Mention Substandard Doubtful Rated Total Commercial and industrial loans: Working capital lines of credit loans $ 563,337 $ 36,003 $ 6,470 $ 0 $ 0 $ 605,810 Non-working capital loans 488,192 36,406 10,783 0 2,870 538,251 Commercial real estate and multi- family residential loans: Construction and land development loans 148,079 1,272 2,585 0 0 151,936 Owner occupied loans 375,025 24,646 9,642 0 0 409,313 Nonowner occupied loans 381,942 11,753 5,508 0 0 399,203 Multifamily loans 90,075 0 0 0 0 90,075 Agri-business and agricultural loans: Loans secured by farmland 155,526 0 477 0 0 156,003 Loans for agricultural production 95,407 0 0 0 0 95,407 Other commercial loans 82,238 0 0 0 4 82,242 Consumer 1-4 family mortgage loans: Closed end first mortgage loans 40,008 126 1,841 0 106,727 148,702 Open end and junior lien loans 9,374 0 2,015 0 145,599 156,988 Residential construction loans 0 0 0 0 8,806 8,806 Other consumer loans 16,572 0 72 0 34,082 50,726 Total $ 2,445,775 $ 110,206 $ 39,393 $ 0 $ 298,088 $ 2,893,462 As of December 31, 2014, and based on the most recent analysis performed, the risk category of loans by class of loans is as follows: Special Not (dollars in thousands) Pass Mention Substandard Doubtful Rated Total Commercial and industrial loans: Working capital lines of credit loans $504,806 $28,485 $10,343 $611 $0 $544,245 Non-working capital loans 436,735 31,781 20,324 0 2,514 491,354 Commercial real estate and multi- family residential loans: Construction and land development loans 150,442 1,033 4,762 0 0 156,237 Owner occupied loans 369,520 20,960 12,397 0 0 402,877 Nonowner occupied loans 375,702 12,512 5,840 0 0 394,054 Multi-family loans 71,695 0 0 0 0 71,695 Agri-business and agricultural loans: Loans secured by farmland 136,923 0 485 0 0 137,408 Loans for agricultural production 136,466 0 0 0 0 136,466 Other commercial loans 75,680 0 30 0 4 75,714 Consumer 1-4 family mortgage loans: Closed end first mortgage loans 39,156 0 2,199 0 103,529 144,884 Open end and junior lien loans 8,400 291 2,015 0 140,487 151,193 Residential construction loans 0 0 0 0 6,726 6,726 Other consumer loans 15,879 290 75 0 33,223 49,467 Total $2,321,404 $95,352 $58,470 $611 $286,483 $2,762,320 |
FAIR VALUE DISCLOSURES
FAIR VALUE DISCLOSURES | 6 Months Ended |
Jun. 30, 2015 | |
Fair Value Disclosures [Abstract] | |
FAIR VALUE DISCLOSURES | NOTE 5. FAIR VALUE DISCLOSURES 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 company’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: Securities : Securities available for sale are valued primarily by a third party pricing service. The fair values of securities available for sale are determined on a recurring basis by obtaining quoted prices on nationally recognized securities exchanges (Level 1 inputs) or pricing models which utilize significant observable inputs such as matrix pricing. This is a mathematical technique widely used in the industry to value debt securities without relying exclusively on quoted prices for the specific securities but rather by relying on the securities’ relationship to other benchmark quoted securities (Level 2 inputs). These models utilize the market approach with standard inputs that include, but are not limited to, benchmark yields, reported trades, broker/dealer quotes, issuer spreads, two-sided markets, benchmark securities, bids, offers and reference data. For certain municipal securities that are not rated and observable inputs about the specific issuer are not available, fair values are estimated using observable data from other municipal securities presumed to be similar or other market data on other non-rated municipal securities (Level 3 inputs). The Company’s Controlling Department, which is responsible for all accounting and SEC compliance, and the Company’s Treasury Department, which is responsible for investment portfolio management and asset/liability modeling, are the two areas that determine the Company’s valuation policies and procedures. Both of these areas report directly to the Executive Vice President and Chief Financial Officer of the Company. For assets or liabilities that may be considered for Level 3 fair value measurement on a recurring basis, these two departments and the Executive Vice President and Chief Financial Officer determine the appropriate level of the assets or liabilities under consideration. If there are assets or liabilities that are determined to be Level 3 by this group, the Risk Management Committee of the Company and the Audit Committee of the Board of Directors are made aware of such assets at their next scheduled meeting. Securities pricing is obtained from a third party pricing service and is tested at least annually against prices from another third party provider and reviewed with a market value price tolerance variance of +/-3%, an individual security market value tolerance of +/-$50,000 and an aggregate market value tolerance of +/-$500,000 for all securities. If any securities fall outside any of these tolerance thresholds, they are reviewed in more detail to determine why the variance exists. Changes in market value are reviewed monthly in aggregate yield by security type and any material differences are reviewed to determine why they exist. At least annually, the pricing methodology of the pricing service is received and reviewed to support the fair value levels used by the Company. A detailed pricing evaluation is requested and reviewed on any security determined to be fair valued using unobservable inputs by the pricing service. Mortgage banking derivatives : The fair value of mortgage banking derivatives are based on observable market data as of the measurement date (Level 2). Interest rate swap derivatives : Our derivatives are traded in an over-the-counter market where quoted market prices are not always available. Therefore, the fair values of derivatives are determined using quantitative models that utilize multiple market inputs. The inputs will vary based on the type of derivative, but could include interest rates, prices and indices to generate continuous yield or pricing curves, prepayment rates, and volatility factors to value the position. The majority of market inputs are actively quoted and can be validated through external sources, including brokers, market transactions and third-party pricing services. The fair value of interest rate swap derivatives is determined by pricing or valuation models using observable market data as of the measurement date (Level 2). Impaired loans : Impaired loans with specific allocations of the allowance for loan losses are generally based on the fair value of the underlying collateral if repayment is expected solely from the collateral. Fair value is determined using several methods. Generally, the fair value of real estate is based on appraisals by qualified third party appraisers. These appraisals may utilize a single valuation approach or a combination of approaches including comparable sales and the income approach. Adjustments are routinely made in the appraisal process by the appraisers to adjust for differences between the comparable sales and income data available. Such adjustments are usually significant and result in a Level 3 classification of the inputs for determining fair value. In addition, the Company’s management routinely applies internal discount factors to the value of appraisals used in the fair value evaluation of impaired loans. The deductions to the appraisals take into account changing business factors and market conditions, as well as value impairment in cases where the appraisal date predates a likely change in market conditions. Commercial real estate is generally discounted from its appraised value by 0-50% with the higher discounts applied to real estate that is determined to have a thin trading market or to be specialized collateral. In addition to real estate, the Company’s management evaluates other types of collateral as follows: (a) raw and finished inventory is discounted from its cost or book value by 35-65%, depending on the marketability of the goods; (b) finished goods are generally discounted by 30-60%, depending on the ease of marketability, cost of transportation or scope of use of the finished good; (c) work in process inventory is typically discounted by 50-100%, depending on the length of manufacturing time, types of components used in the completion process, and the breadth of the user base; (d) equipment is valued at a percentage of depreciated book value or recent appraised value, if available, and is typically discounted at 30-70% after various considerations including age and condition of the equipment, marketability, breadth of use, and whether the equipment includes unique components or add-ons; and (e) marketable securities are discounted by 10-30%, depending on the type of investment, age of valuation report and general market conditions. This methodology is based on a market approach and typically results in a Level 3 classification of the inputs for determining fair value. Mortgage servicing rights : As of June 30, 2015 the fair value of the Company’s Level 3 servicing assets for residential mortgage loans was $3.4 million, none of which are currently impaired and therefore are carried at amortized cost. These residential mortgage loans have a weighted average interest rate of 3.97%, a weighted average maturity of 19 years and are secured by homes generally within the Company’s market area, which is primarily Northern Indiana. A valuation model is used to estimate fair value, which is based on an income approach. The inputs used include estimates of prepayment speeds, discount rate, cost to service, escrow account earnings, contractual servicing fee income, ancillary income, late fees, and float income. The most significant assumption used to value mortgage servicing rights is prepayment rate. Prepayment rates are estimated based on published industry consensus prepayment rates. The most significant unobservable assumption is the discount rate. At June 30, 2015, the constant prepayment speed (PSA) used was 181 and the discount rate used was 9.3%. At December 31, 2014, the PSA used was 212 and the discount rate used was 9.4%. Other real estate owned : Nonrecurring adjustments to certain commercial and residential real estate properties classified as other real estate owned 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 and are reviewed by the Company’s internal appraisal officer. Adjustments are routinely made in the appraisal process by the appraisers to adjust for differences between the comparable properties used to determine value. Such adjustments are usually significant and result in a Level 3 classification. In addition, the Company’s management may apply discount factors to the appraisals to take into account changing business factors and market conditions, as well as value impairment in cases where the appraisal date predates a likely change in market conditions. In cases where the carrying amount exceeds the fair value, less costs to sell, an impairment loss is recognized. Real estate mortgage loans held for sale : Real estate mortgage loans held for sale are carried at the lower of cost or fair value, as determined by outstanding commitments, from third party investors, and result in a Level 2 classification. The table below presents the balances of assets measured at fair value on a recurring basis: June 30, 2015 Fair Value Measurements Using Assets (dollars in thousands) Level 1 Level 2 Level 3 at Fair Value Assets U.S. Treasury securities $ 1,002 $ 0 $ 0 $ 1,002 Mortgage-backed securities 0 361,918 0 361,918 State and municipal securities 0 106,655 808 107,463 Total Securities 1,002 468,573 808 470,383 Mortgage banking derivative 0 329 0 329 Interest rate swap derivative 0 1,463 0 1,463 Total assets $ 1,002 $ 470,365 $ 808 $ 472,175 Liabilities Mortgage banking derivative 0 40 0 40 Interest rate swap derivative 0 1,377 0 1,377 Total liabilities $ 0 $ 1,417 $ 0 $ 1,417 December 31, 2014 Fair Value Measurements Using Assets (dollars in thousands) Level 1 Level 2 Level 3 at Fair Value Assets U.S. Treasury securities $ 1,004 $ 0 $ 0 $ 1,004 Mortgage-backed securities 0 372,095 0 372,095 State and municipal securities 0 101,962 850 102,812 Total Securities 1,004 474,057 850 475,911 Mortgage banking derivative 0 96 0 96 Interest rate swap derivative 0 1,191 0 1,191 Total assets $ 1,004 $ 475,344 $ 850 $ 477,198 Liabilities Mortgage banking derivative 0 11 0 11 Interest rate swap derivative 0 1,242 0 1,242 Total liabilities $ 0 $ 1,253 $ 0 $ 1,253 There were no transfers between Level 1 and Level 2 during the six months ended June 30, 2015 and there were no transfers between Level 1 and Level 2 during 2014. The table below presents a reconciliation of all assets measured at fair value on a recurring basis using significant unobservable inputs (Level 3) for the six months ended June 30, 2015 and 2014: State and Municipal Securities (dollars in thousands) 2015 2014 Balance of recurring Level 3 assets at January 1 $ 850 $ 975 Changes in fair value of securities included in other comprehensive income (2) 24 Principal payments (40) (85) Balance of recurring Level 3 assets at June 30 $ 808 $ 914 The state and municipal securities measured at fair value included below are non-rated Indiana municipal revenue bonds and are not actively traded. Quantitative Information about Level 3 Fair Value Measurements Range of Fair Value at Inputs (dollars in thousands) 6/30/2015 Valuation Technique Unobservable Input (Average) State and municipal securities $ 808 Price to type, par, call Discount to benchmark index 0-5% (2.24%) Quantitative Information about Level 3 Fair Value Measurements Range of Fair Value at Inputs (dollars in thousands) 12/31/2014 Valuation Technique Unobservable Input (Average) State and municipal securities $ 850 Price to type, par, call Discount to benchmark index 0-6% (2.49%) The primary methodology used in the fair value measurement of the Company’s state and municipal securities classified as Level 3 is a discount to the AAA municipal benchmark index. Significant increases or (decreases) in this index as well as the degree to which the security differs in ratings, coupon, call and duration will result in a higher or (lower) fair value measurement for those securities that are not callable. For those securities that are continuously callable, a slight premium to par is used. The table below presents the balances of assets measured at fair value on a nonrecurring basis: June 30, 2015 Fair Value Measurements Using Assets (dollars in thousands) Level 1 Level 2 Level 3 at Fair Value Assets Impaired loans: Commercial and industrial loans: Working capital lines of credit loans $ 0 $ 0 $ 517 $ 517 Non-working capital loans 0 0 1,792 1,792 Commercial real estate and multi-family residential loans: Construction and land development loans 0 0 315 315 Owner occupied loans 0 0 1,934 1,934 Consumer 1-4 family mortgage loans: Closed end first mortgage loans 0 0 885 885 Open end and junior lien loans 0 0 31 31 Other consumer loans 0 0 21 21 Total impaired loans $ 0 $ 0 $ 5,495 $ 5,495 Other real estate owned 0 0 75 75 Total assets $ 0 $ 0 $ 5,570 $ 5,570 December 31, 2014 Fair Value Measurements Using Assets (dollars in thousands) Level 1 Level 2 Level 3 at Fair Value Assets Impaired loans: Commercial and industrial loans: Working capital lines of credit loans $ 0 $ 0 $ 531 $ 531 Non-working capital loans 0 0 2,257 2,257 Commercial real estate and multi-family residential loans: Construction and land development loans 0 0 341 341 Owner occupied loans 0 0 4,084 4,084 Nonowner occupied loans 0 0 3,113 3,113 Agri-business and agricultural loans: Loans secured by farmland 0 0 189 189 Other commercial loans 0 0 15 15 Consumer 1-4 family mortgage loans: Closed end first mortgage loans 0 0 399 399 Residential construction loans 0 0 73 73 Other consumer loans 0 0 29 29 Total impaired loans $ 0 $ 0 $ 11,031 $ 11,031 Other real estate owned 0 0 75 75 Total assets $ 0 $ 0 $ 11,106 $ 11,106 The following table presents the valuation methodology and unobservable inputs for Level 3 assets measured at fair value on a non-recurring basis at June 30, 2015: (dollars in thousands) Fair Value Valuation Methodology Unobservable Inputs Average Range of Inputs Impaired loans: Commercial and industrial $ 2,309 Collateral based Discount to reflect 40% (19% - 100%) measurements current market conditions and ultimate collectability Impaired loans: Commercial real estate 2,249 Collateral based Discount to reflect 31% (10% - 78%) measurements current market conditions and ultimate collectability Impaired loans: Consumer 1-4 family mortgage 916 Collateral based Discount to reflect 27% (2% - 72%) measurements current market conditions and ultimate collectability Impaired loans: Other consumer 21 Collateral based Discount to reflect 47% (18% - 63%) measurements current market conditions and ultimate collectability Other real estate owned 75 Appraisals Discount to reflect 49% current market conditions The following table presents the valuation methodology and unobservable inputs for Level 3 assets measured at fair value on a non-recurring basis at December 31, 2014: (dollars in thousands) Fair Value Valuation Methodology Unobservable Inputs Average Range of Inputs Impaired loans: Commercial and industrial $ 2,788 Collateral based Discount to reflect 40% (11% - 68%) measurements current market conditions and ultimate collectability Impaired loans: Commercial real estate 7,538 Collateral based Discount to reflect 25% (6% - 50%) measurements current market conditions and ultimate collectability Impaired loans: Agri-business and agricultural 189 Collateral based Discount to reflect 7% measurements current market conditions and ultimate collectability Impaired loans: Other commercial 15 Collateral based Discount to reflect 50% measurements current market conditions and ultimate collectability Impaired loans: Consumer 1-4 family mortgage 472 Collateral based Discount to reflect 32% (3% - 77%) measurements current market conditions and ultimate collectability Impaired loans: Other consumer 29 Collateral based Discount to reflect 43% (33% - 50%) measurements current market conditions and ultimate collectability Other real estate owned 75 Appraisals Discount to reflect 49% current market conditions Impaired loans, which are measured for impairment using the fair value of the collateral for collateral dependent loans, had a gross carrying amount of $7.7 million, with a valuation allowance of $2.2 million at June 30, 2015, resulting in a net reduction in the provision for loan losses of $1.3 million and $610,000, respectively, in the three and six months ended June 30, 2015. At June 30, 2014, impaired loans had a gross carrying amount of $16.5 million, with a valuation allowance of $4.1 million, resulting in a net reduction in the provision for loan losses of $100,000 and $2.2 million for the three and six months ended June 30, 2014. Other real estate owned measured at fair value less costs to sell, at June 30, 2015 had a net carrying amount of $75,000, which is made up of the outstanding balance of $147,000, net of a valuation allowance of $72,000, all of which was written down during 2012. Other real estate owned measured at fair value less costs to sell at June 30, 2014 had a net carrying amount of $263,000, which is made up of the outstanding balance of $376,000, net valuation allowance of $113,000, resulting in an additional provision of $41,000 during the three months and six months ended June 30, 2014. The following table contains the estimated fair values and the related carrying values of the Company’s financial instruments. Items which are not financial instruments are not included. June 30, 2015 Carrying Estimated Fair Value (dollars in thousands) Value Level 1 Level 2 Level 3 Total Financial Assets: Cash and cash equivalents $ 89,480 $ 89,480 $ 0 $ 0 $ 89,480 Securities available for sale 470,383 1,002 468,573 808 470,383 Real estate mortgages held for sale 3,405 0 3,459 0 3,459 Loans, net 2,848,646 0 0 2,833,515 2,833,515 Federal Home Loan Bank stock 4,248 N/A N/A N/A N/A Federal Reserve Bank stock 3,420 N/A N/A N/A N/A Accrued interest receivable 9,360 3 2,284 7,073 9,360 Financial Liabilities: Certificates of deposit (995,053) 0 (1,000,619) 0 (1,000,619) All other deposits (2,025,098) (2,025,098) 0 0 (2,025,098) Securities sold under agreements to repurchase (51,615) 0 (51,615) 0 (51,615) Federal funds purchased 0 0 0 0 0 Other short-term borrowings (75,000) 0 (75,000) 0 (75,000) Long-term borrowings (34) 0 (38) 0 (38) Subordinated debentures (30,928) 0 0 (31,226) (31,226) Standby letters of credit (406) 0 0 (406) (406) Accrued interest payable (3,921) (101) (3,817) (3) (3,921) December 31, 2014 Carrying Estimated Fair Value (dollars in thousands) Value Level 1 Level 2 Level 3 Total Financial Assets: Cash and cash equivalents $ 90,638 $ 90,638 $ 0 $ 0 $ 90,638 Securities available for sale 475,911 1,004 474,057 850 475,911 Real estate mortgages held for sale 1,585 0 1,612 0 1,612 Loans, net 2,716,058 0 0 2,698,767 2,698,767 Federal Home Loan Bank stock 5,993 N/A N/A N/A N/A Federal Reserve Bank stock 3,420 N/A N/A N/A N/A Accrued interest receivable 8,662 3 2,312 6,347 8,662 Financial Liabilities: Certificates of deposit (870,590) 0 (876,953) 0 (876,953) All other deposits (2,002,530) (2,002,530) 0 0 (2,002,530) Securities sold under agreements to repurchase (54,907) 0 (54,907) 0 (54,907) Federal funds purchased (500) 0 (500) 0 (500) Other short-term borrowings (105,000) 0 (105,001) 0 (105,001) Long-term borrowings (35) 0 (40) 0 (40) Subordinated debentures (30,928) 0 0 (31,212) (31,212) Standby letters of credit (379) 0 0 (379) (379) Accrued interest payable (2,946) (109) (2,834) (3) (2,946) The methods and assumptions, not previously presented, used to estimate fair values are described as follows: Cash and cash equivalents - The carrying amount of cash and cash equivalents approximate fair value and are classified as Level 1. Loans, net Fair values of loans, excluding loans held for sale, are estimated as follows: For variable rate loans, 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 current market rates applied to the estimated life of the loan resulting in a Level 3 classification. Impaired loans are valued at the lower of cost or fair value as described previously. The methods utilized to estimate the fair value of loans do not necessarily represent an exit price. Federal Home Loan Bank stock and Federal Reserve Bank stock It is not practical to determine the fair value of Federal Home Loan Bank stock and Federal Reserve Bank stock due to restrictions placed on its transferability. Certificates of deposit - Fair values of certificates of deposit are estimated using discounted cash flow analyses using current market rates applied to the estimated life resulting in a Level 2 classification. All other deposits - The fair values for all other deposits other than certificates of deposit are equal to the amount payable on demand (the carrying value) resulting in a Level 1 classification. Securities sold under agreements to repurchase The carrying amount of borrowings under repurchase agreements approximates their fair values resulting in a Level 2 classification. Federal funds purchased The carrying amount of federal funds purchased approximates their fair values resulting in a Level 2 classification. Other short-term borrowings The fair value of other short-term borrowings is estimated using discounted cash flow analysis based on current borrowing rates resulting in a Level 2 classification. Long-term borrowings The fair value of long-term borrowings is estimated using discounted cash flow analyses based on current borrowing rates resulting in a Level 2 classification. Subordinated debentures - The fair value of subordinated debentures is based on the rates currently available to the Company with similar term and remaining maturity and credit spread resulting in a Level 3 classification. Standby letters of credit The fair value of off-balance sheet items is based on the current fees and costs that would be charged to enter into or terminate such arrangements resulting in a Level 3 classification. Accrued interest receivable/payable The carrying amounts of accrued interest approximates fair value resulting in a Level 1, Level 2 or Level 3 classification which is consistent with its associated asset/liability. |
SECURITIES SOLD UNDER AGREEMENT
SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE | 6 Months Ended |
Jun. 30, 2015 | |
Securities Sold under Agreements to Repurchase [Abstract] | |
SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE | NOTE 6. SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE Securities sold under agreements to repurchase represent collateralized borrowings with customers located primarily within the Company’s service area. These repurchase liabilities are not covered by federal deposit insurance and are secured by securities owned. The Company retains the right to substitute similar type securities and has the right to withdraw all excess collateral applicable to the repurchase liabilities whenever the collateral values are in excess of the related repurchase liabilities. However, as a means of mitigating market risk, the Company maintains excess collateral to cover normal changes in the repurchase liability by monitoring daily usage. The Company maintains control of the securities through the use of third-party safekeeping arrangements. Securities sold under agreements to repurchase of $51.6 million and $54.9 million, which mature on demand, are secured by mortgage-backed securities with a carrying amount of $88.0 million and $94.2 million at June 30, 2015 and December 31, 2014. Additional information concerning recognition of these liabilities is disclosed in Note 8. |
EMPLOYEE BENEFIT PLANS
EMPLOYEE BENEFIT PLANS | 6 Months Ended |
Jun. 30, 2015 | |
Employee Benefit Plans [Abstract] | |
EMPLOYEE BENEFIT PLANS | NOTE 7. EMPLOYEE BENEFIT PLANS Components of net periodic benefit cost: Six Months Ended June 30, Three Months Ended June 30, Pension Benefits SERP Benefits Pension Benefits SERP Benefits (dollars in thousands) 2015 2014 2015 2014 2015 2014 2015 2014 Interest cost $52 $60 $23 $25 $26 $30 $12 $13 Expected return on plan assets (70) (63) (39) (36) (35) (32) (20) (18) Recognized net actuarial loss 81 59 41 40 41 30 20 20 Net pension expense $63 $56 $25 $29 $32 $28 $12 $15 The Company previously disclosed in its financial statements for the year ended December 31, 2014 that it expected to contribute $318,000 to its pension plan and $110,000 to its Supplemental Executive Retirement Plan (“SERP”) in 2015. The Company has contributed $172,000 to its pension plan and $110,000 to its SERP as of June 30, 2015. The Company expects to contribute $146,000 to its pension plan during the remainder of 2015. The Company does not expect to make any additional contributions to its SERP during the remainder of 2015. |
OFFSETTING ASSETS AND LIABILITI
OFFSETTING ASSETS AND LIABILITIES | 6 Months Ended |
Jun. 30, 2015 | |
Offsetting Assets And Liabilities [Abstract] | |
OFFSETTING ASSETS AND LIABILITIES | NOTE 8. OFFSETTING ASSETS AND LIABILITIES The following tables summarize gross and net information about financial instruments and derivative instruments that are offset in the statement of financial position or that are subject to an enforceable master netting arrangement at June 30, 2015 and December 31, 2014. June 30, 2015 Gross Net Amounts Gross Amounts of Assets Gross Amounts Not Amounts of Offset in the presented in Offset in the Statement Recognized Statement of the Statement of Financial Position Assets/ Financial of Financial Financial Cash (dollars in thousands) Liabilities Position Position Instruments Received Net Assets Interest Rate Swap Derivatives $1,463 $0 $1,463 $0 $0 $1,463 Total Assets $1,463 $0 $1,463 $0 $0 $1,463 Liabilities Interest Rate Swap Derivatives $1,377 $0 $1,377 $0 $(1,030) $347 Repurchase Agreements 51,615 0 51,615 (51,615) 0 0 Total Liabilities $52,992 $0 $52,992 $(51,615) $(1,030) $347 December 31, 2014 Gross Net Amounts Gross Amounts of Assets Gross Amounts Not Amounts of Offset in the presented in Offset in the Statement Recognized Statement of the Statement of Financial Position Assets/ Financial of Financial Financial Cash (dollars in thousands) Liabilities Position Position Instruments Received Net Assets Interest Rate Swap Derivatives $1,191 $0 $1,191 $0 $0 $1,191 Total Assets $1,191 $0 $1,191 $0 $0 $1,191 Liabilities Interest Rate Swap Derivatives $1,242 $0 $1,242 $0 $(1,242) $0 Repurchase Agreements 54,907 0 54,907 (54,907) 0 0 Total Liabilities $56,149 $0 $56,149 $(54,907) $(1,242) $0 If an event of default occurs causing an early termination of an interest rate swap derivative, any early termination amount payable to one party by the other party may be reduced by set-off against any other amount payable by the one party to the other party. If a default in performance of any obligation of a repurchase agreement occurs, each party will set-off property held in respect of transactions against obligations owing in respect of any other transactions. |
EARNINGS PER SHARE
EARNINGS PER SHARE | 6 Months Ended |
Jun. 30, 2015 | |
Earnings Per Share [Abstract] | |
EARNINGS PER SHARE | NOTE 9. EARNINGS PER SHARE Basic earnings per common share is net income available to common shareholders divided by the weighted average number of common shares outstanding during the period. Diluted earnings per common share includes the dilutive effect of additional potential common shares issuable under stock options, stock awards and warrants, none of which were antidilutive. Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 Weighted average shares outstanding for basic earnings per common share 16,611,974 16,536,112 16,601,189 16,524,079 Dilutive effect of stock options, awards and warrants 208,078 202,957 194,718 205,400 Weighted average shares outstanding for diluted earnings per common share 16,820,052 16,739,069 16,795,907 16,729,479 Basic earnings per common share $0.69 $0.68 $1.36 $1.28 Diluted earnings per common share $0.68 $0.68 $1.34 $1.27 |
ACCUMULATED OTHER COMPREHENSIVE
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) | 6 Months Ended |
Jun. 30, 2015 | |
Stockholders Equity Note [Abstract] | |
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) | NOTE 10. ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) The following tables summarize the changes within each classification of accumulated other comprehensive income (loss) for the six months ended June 30, 2015 and the year ended December 31, 2014: Unrealized Gains and Losses on Defined Available- Benefit for-Sales Pension (dollars in thousands) Securities Items Total Balance at December 31, 2014 $5,467 $(1,637) $3,830 Other comprehensive income before reclassification (982) (174) (1,156) Amounts reclassified from accumulated other comprehensive income (loss) (25) 73 48 Net current period other comprehensive income (1,007) (101) (1,108) Balance at June 30, 2015 $4,460 $(1,738) $2,722 Unrealized Gains and Losses on Defined Available- Benefit for-Sales Pension (dollars in thousands) Securities Items Total Balance at December 31, 2013 $(1,138) $(1,356) $(2,494) Other comprehensive income before reclassification 6,471 (399) 6,072 Amounts reclassified from accumulated other comprehensive income (loss) 134 118 252 Net current period other comprehensive income 6,605 (281) 6,324 Balance at December 31, 2014 $5,467 $(1,637) $3,830 Reclassifications out of accumulated comprehensive income for the three months ended June 30, 2015 are as follows: Details about Amount Affected Line Item Accumulated Other Reclassified From in the Statement Comprehensive Accumulated Other Where Net Income Components Comprehensive Income Income is Presented (dollars in thousands) Unrealized gains and losses on available-for-sale securities $0 Net securities gains (losses) Tax effect 0 Income tax expense 0 Net of tax Amortization of defined benefit pension items (61) Salaries and employee benefits Tax effect 25 Income tax expense (36) Net of tax Total reclassifications for the period $(36) Net of tax Reclassifications out of accumulated comprehensive income for the three months ended June 30, 2014 are as follows: Details about Amount Affected Line Item Accumulated Other Reclassified From in the Statement Comprehensive Accumulated Other Where Net Income Components Comprehensive Income Income is Presented (dollars in thousands) Unrealized gains and losses on available-for-sale securities $4 Net securities gains (losses) Tax effect 0 Income tax expense 4 Net of tax Amortization of defined benefit pension items (50) Salaries and employee benefits Tax effect 21 Income tax expense (29) Net of tax Total reclassifications for the period $(25) Net of tax Reclassifications out of accumulated comprehensive income for the six months ended June 30, 2015 are as follows: Details about Amount Affected Line Item Accumulated Other Reclassified From in the Statement Comprehensive Accumulated Other Where Net Income Components Comprehensive Income Income is Presented (dollars in thousands) Unrealized gains and losses on available-for-sale securities $42 Net securities gains (losses) Tax effect (17) Income tax expense 25 Net of tax Amortization of defined benefit pension items (122) Salaries and employee benefits Tax effect 49 Income tax expense (73) Net of tax Total reclassifications for the period $(48) Net of tax Reclassifications out of accumulated comprehensive income for the six months ended June 30, 2014 are as follows: Details about Amount Affected Line Item Accumulated Other Reclassified From in the Statement Comprehensive Accumulated Other Where Net Income Components Comprehensive Income Income is Presented (dollars in thousands) Unrealized gains and losses on available-for-sale securities $4 Net securities gains (losses) Tax effect 0 Income tax expense 4 Net of tax Amortization of defined benefit pension items (99) Salaries and employee benefits Tax effect 40 Income tax expense (59) Net of tax Total reclassifications for the period $(55) Net of tax |
NEW ACCOUNTING PRONOUNCEMENTS
NEW ACCOUNTING PRONOUNCEMENTS | 6 Months Ended |
Jun. 30, 2015 | |
New Accounting Pronouncements and Changes in Accounting Principles [Abstract] | |
NEW ACCOUNTING PRONOUNCEMENTS | NOTE 11. NEW ACCOUNTING PRONOUNCEMENTS In May 2014, the FASB issued new accounting guidance related to revenue recognition. This new standard will replace all current U.S. GAAP guidance on this topic and eliminate all industry-specific guidance. The new revenue recognition standard provides a unified model to determine when and how revenue is recognized. The core principle is that a company should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration for which the entity expects to be entitled in exchange for those goods or services. This guidance will be effective for the Company beginning January 1, 2018 and can be applied either retrospectively to each period presented or as a cumulative-effect adjustment as of the date of adoption. Management is evaluating the impact of adopting this new accounting standard on our financial statements. |
SUBSEQUENT EVENTS
SUBSEQUENT EVENTS | 6 Months Ended |
Jun. 30, 2014 | |
Subsequent Events [Abstract] | |
SUBSEQUENT EVENTS | NOTE 12. SUBSEQUENT EVENTS There were no subsequent events that would have a material impact on the financial statements presented in this Form 10-Q. |
RECLASSIFICATIONS
RECLASSIFICATIONS | 6 Months Ended |
Jun. 30, 2015 | |
Equity | |
RECLASSIFICATIONS | NOTE 13. RECLASSIFICATIONS Certain amounts appearing in the financial statements and notes thereto for prior periods have been reclassified to conform with the current presentation. The reclassification had no effect on net income or stockholders’ equity as previously reported. |
SECURITIES (Tables)
SECURITIES (Tables) | 6 Months Ended |
Jun. 30, 2015 | |
Securities [Abstract] | |
Summary of Available-For-Sale Securities | Information related to the fair value and amortized cost of securities available for sale and the related gross unrealized gains and losses recognized in accumulated other comprehensive income (loss) is provided in the tables below. Gross Gross Amortized Unrealized Unrealized Fair (dollars in thousands) Cost Gain Losses Value June 30, 2015 U.S. Treasury securities $987 $15 $0 $1,002 Agency residential mortgage-backed securities 356,737 7,098 (1,917) 361,918 State and municipal securities 105,339 3,034 (910) 107,463 Total $463,063 $10,147 $(2,827) $470,383 December 31, 2014 U.S. Treasury securities $986 $18 $0 $1,004 Agency residential mortgage-backed securities 366,596 7,178 (1,679) 372,095 State and municipal securities 99,399 3,857 (444) 102,812 Total $466,981 $11,053 $(2,123) $475,911 |
Schedule of Available-For-Sale Securities By Maturity | Actual maturities of securities may differ from contractual maturities because borrowers may have the right to prepay the obligation without a prepayment penalty. Amortized Fair (dollars in thousands) Cost Value Due in one year or less $5,048 $5,083 Due after one year through five years 18,923 19,673 Due after five years through ten years 45,452 46,942 Due after ten years 36,903 36,767 106,326 108,465 Mortgage-backed securities 356,737 361,918 Total debt securities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $463,063 $470,383 |
Schedule of Sales of Securities Available For Sale | Securities proceeds, gross gains and gross losses are presented below. Six months ended June 30, (dollars in thousands) 2015 2014 Sales of securities available for sale Proceeds $7,787 $0 Gross gains 42 0 Gross losses 0 0 |
Schedule of Available-For-Sale Securities Continuous Unrealized Loss Position | Information regarding securities with unrealized losses as of June 30, 2015 and December 31, 2014 is presented below. The tables divide the securities between those with unrealized losses for less than twelve months and those with unrealized losses for twelve months or more. Less than 12 months 12 months or more Total Fair Unrealized Fair Unrealized Fair Unrealized (dollars in thousands) Value Losses Value Losses Value Losses June 30, 2015 Agency residential mortgage-backed securities $96,752 $(1,146) $30,924 $(771) $127,676 $(1,917) State and municipal securities 21,660 (514) 9,319 (396) 30,979 (910) Total temporarily impaired $118,412 $(1,660) $40,243 $(1,167) $158,655 $(2,827) December 31, 2014 Agency residential mortgage-backed securities $33,420 $(148) $102,512 $(1,531) $135,932 $(1,679) State and municipal securities 2,458 (28) 16,391 (416) 18,849 (444) Total temporarily impaired $35,878 $(176) $118,903 $(1,947) $154,781 $(2,123) |
Quantitative Disclosure of Available-For-Sale Securities | The total number of securities with unrealized losses as of June 30, 2015 and December 31, 2014 is presented below. Less than 12 months 12 months or more Total June 30, 2015 Agency residential mortgage-backed securities 31 9 40 State and municipal securities 48 13 61 Total temporarily impaired 79 22 101 December 31, 2014 Agency residential mortgage-backed securities 9 27 36 State and municipal securities 8 29 37 Total temporarily impaired 17 56 73 |
LOANS (Tables)
LOANS (Tables) | 6 Months Ended |
Jun. 30, 2015 | |
Loans [Abstract] | |
Schedule of Loans | June 30, December 31, (dollars in thousands) 2015 2014 Commercial and industrial loans: Working capital lines of credit loans $606,169 20.9 % $544,043 19.7 % Non-working capital loans 537,708 18.6 491,330 17.8 Total commercial and industrial loans 1,143,877 39.5 1,035,373 37.5 Commercial real estate and multi-family residential loans: Construction and land development loans 152,292 5.3 156,636 5.7 Owner occupied loans 409,650 14.2 403,154 14.6 Nonowner occupied loans 399,583 13.8 394,458 14.3 Multifamily loans 90,175 3.1 71,811 2.6 Total commercial real estate and multi-family residential loans 1,051,700 36.3 1,026,059 37.1 Agri-business and agricultural loans: Loans secured by farmland 156,001 5.4 137,407 5.0 Loans for agricultural production 95,327 3.3 136,380 4.9 Total agri-business and agricultural loans 251,328 8.7 273,787 9.9 Other commercial loans 82,247 2.8 75,715 2.7 Total commercial loans 2,529,152 87.4 2,410,934 87.3 Consumer 1-4 family mortgage loans: Closed end first mortgage loans 148,977 5.1 145,167 5.3 Open end and junior lien loans 155,902 5.4 150,220 5.4 Residential construction and land development loans 8,821 0.3 6,742 0.2 Total consumer 1-4 family mortgage loans 313,700 10.8 302,129 10.9 Other consumer loans 50,813 1.8 49,541 1.8 Total consumer loans 364,513 12.6 351,670 12.7 Subtotal 2,893,665 100.0 % 2,762,604 100.0 % Less: Allowance for loan losses (44,816) (46,262) Net deferred loan fees (203) (284) Loans, net $2,848,646 $2,716,058 |
ALLOWANCE FOR LOAN LOSSES AND24
ALLOWANCE FOR LOAN LOSSES AND CREDIT QUALITY (Tables) | 6 Months Ended |
Jun. 30, 2015 | |
Loans [Abstract] | |
In Allowance For Loan Losses and Recorded Investment In Loans By Portfolio Segment | The following tables present the activity in the allowance for loan losses by portfolio segment for the three-month periods ended June 30, 2015 and 2014: Commercial Real Estate Commercial and Agri-business Consumer and Multifamily and Other 1-4 Family Other (dollars in thousands) Industrial Residential Agricultural Commercial Mortgage Consumer Unallocated Total Three Months Ended June 30, 2015 Beginning balance, April 1 $23,024 $13,804 $1,627 $398 $3,313 $430 $3,081 $45,677 Provision for loan losses (228) (283) 248 (40) 160 (16) 159 0 Loans charged-off (507) (429) 0 0 (6) (53) 0 (995) Recoveries 71 20 6 0 6 31 0 134 Net loans charged-off (436) (409) 6 0 0 (22) 0 (861) Ending balance $22,360 $13,112 $1,881 $358 $3,473 $392 $3,240 $44,816 Commercial Real Estate Commercial and Agri-business Consumer and Multifamily and Other 1-4 Family Other (dollars in thousands) Industrial Residential Agricultural Commercial Mortgage Consumer Unallocated Total Three Months Ended June 30, 2014 Beginning balance $21,730 $15,648 $1,408 $249 $3,064 $549 $3,489 $46,137 Provision for loan losses (343) 329 (10) (15) 276 (56) (181) 0 Loans charged-off (483) (22) 0 0 (107) (43) 0 (655) Recoveries 18 20 6 0 42 37 0 123 Net loans charged-off (465) (2) 6 0 (65) (6) 0 (532) Ending balance $20,922 $15,975 $1,404 $234 $3,275 $487 $3,308 $45,605 The following tables present the activity in the allowance for loan losses by portfolio segment for the six-month periods ended June 30, 2015 and 2014: Commercial Real Estate Commercial and Agri-business Consumer and Multifamily and Other 1-4 Family Other (dollars in thousands) Industrial Residential Agricultural Commercial Mortgage Consumer Unallocated Total Six Months Ended June 30, 2015 Beginning balance, January 1 $22,785 $14,153 $1,790 $276 $3,459 $483 $3,316 $46,262 Provision for loan losses 328 (621) 81 204 135 (51) (76) 0 Loans charged-off (876) (459) 0 (122) (140) (106) 0 (1,703) Recoveries 123 39 10 0 19 66 0 257 Net loans charged-off (753) (420) 10 (122) (121) (40) 0 (1,446) Ending balance $22,360 $13,112 $1,881 $358 $3,473 $392 $3,240 $44,816 Commercial Real Estate Commercial and Agri-business Consumer and Multifamily and Other 1-4 Family Other (dollars in thousands) Industrial Residential Agricultural Commercial Mortgage Consumer Unallocated Total Six Months Ended June 30, 2014 Beginning balance $21,005 $18,556 $1,682 $391 $3,046 $608 $3,509 $48,797 Provision for loan losses 377 (59) (289) (157) 408 (79) (201) 0 Loans charged-off (513) (2,553) 0 0 (222) (118) 0 (3,406) Recoveries 53 31 11 0 43 76 0 214 Net loans charged-off (460) (2,522) 11 0 (179) (42) 0 (3,192) Ending balance $20,922 $15,975 $1,404 $234 $3,275 $487 $3,308 $45,605 The following tables present the balance in the allowance for loan losses and the recorded investment in loans by portfolio segment and based on impairment method as of June 30, 2015 and December 31, 2014: Commercial Real Estate Commercial and Agri-business Consumer and Multifamily and Other 1-4 Family Other (dollars in thousands) Industrial Residential Agricultural Commercial Mortgage Consumer Unallocated Total June 30, 2015 Allowance for loan losses: Ending allowance balance attributable to loans: Individually evaluated for impairment $2,228 $862 $0 $0 $416 $66 $0 $3,572 Collectively evaluated for impairment 20,132 12,250 1,881 358 3,057 326 3,240 41,244 Total ending allowance balance $22,360 $13,112 $1,881 $358 $3,473 $392 $3,240 $44,816 Loans: Loans individually evaluated for impairment $7,411 $11,209 $477 $0 $3,126 $112 $0 $22,335 Loans collectively evaluated for impairment 1,136,650 1,039,318 250,933 82,242 311,370 50,614 0 2,871,127 Total ending loans balance $1,144,061 $1,050,527 $251,410 $82,242 $314,496 $50,726 $0 $2,893,462 Commercial Real Estate Commercial and Agri-business Consumer and Multifamily and Other 1-4 Family Other (dollars in thousands) Industrial Residential Agricultural Commercial Mortgage Consumer Unallocated Total December 31, 2014 Allowance for loan losses: Ending allowance balance attributable to loans: Individually evaluated for impairment $3,306 $1,531 $14 $15 $482 $73 $0 $5,421 Collectively evaluated for impairment 19,479 12,622 1,776 261 2,977 410 3,316 40,841 Total ending allowance balance $22,785 $14,153 $1,790 $276 $3,459 $483 $3,316 $46,262 Loans: Loans individually evaluated for impairment $14,702 $13,005 $486 $30 $3,614 $127 $0 $31,964 Loans collectively evaluated for impairment 1,020,897 1,011,858 273,388 75,684 299,189 49,340 0 2,730,356 Total ending loans balance $1,035,599 $1,024,863 $273,874 $75,714 $302,803 $49,467 $0 $2,762,320 |
Loans individually evaluated for impairment | The following table presents loans individually evaluated for impairment by class of loans as of June 30, 2015: Unpaid Allowance for Principal Recorded Loan Losses (dollars in thousands) Balance Investment Allocated With no related allowance recorded: Commercial and industrial loans: Working capital lines of credit loans $21 $21 $0 Non-working capital loans 2,519 752 0 Commercial real estate and multi-family residential loans: Construction and land development loans 0 0 0 Owner occupied loans 2,737 2,557 0 Nonowner occupied loans 5,536 5,541 0 Multifamily loans 0 0 0 Agri-business and agricultural loans: Loans secured by farmland 976 477 0 Loans for ag production 0 0 0 Other commercial loans 0 0 0 Consumer 1-4 family loans: Closed end first mortgage loans 403 338 0 Open end and junior lien loans 132 132 0 Residential construction loans 0 0 0 Other consumer loans 4 4 0 With an allowance recorded: Commercial and industrial loans: Working capital lines of credit loans 983 983 433 Non-working capital loans 7,847 5,655 1,795 Commercial real estate and multi-family residential loans: Construction and land development loans 373 373 58 Owner occupied loans 2,768 2,738 804 Nonowner occupied loans 0 0 0 Multifamily loans 0 0 0 Agri-business and agricultural loans: Loans secured by farmland 0 0 0 Loans for agricultural production 0 0 0 Other commercial loans 0 0 0 Consumer 1-4 family mortgage loans: Closed end first mortgage loans 2,721 2,622 413 Open end and junior lien loans 34 34 3 Residential construction loans 0 0 0 Other consumer loans 108 108 66 Total $27,162 $22,335 $3,572 The following table presents loans individually evaluated for impairment by class of loans as of December 31, 2014: Unpaid Allowance for Principal Recorded Loan Losses (dollars in thousands) Balance Investment Allocated With no related allowance recorded: Commercial and industrial loans: Working capital lines of credit loans $21 $21 $0 Non-working capital loans 1,673 279 0 Commercial real estate and multi-family residential loans: Construction and land development loans 526 526 0 Owner occupied loans 554 374 0 Nonowner occupied loans 3,030 3,036 0 Agri-business and agricultural loans: Loans secured by farmland 603 283 0 Consumer 1-4 family loans: Closed end first mortgage loans 724 712 0 Open end and junior lien loans 317 317 0 Residential construction loans 129 129 0 Other consumer loans 1 1 0 With an allowance recorded: Commercial and industrial loans: Working capital lines of credit loans 1,409 1,408 837 Non-working capital loans 15,557 12,994 2,469 Commercial real estate and multi-family residential loans: Construction and land development loans 449 448 107 Owner occupied loans 5,298 5,297 1,213 Nonowner occupied loans 3,324 3,324 211 Agri-business and agricultural loans: Loans secured by farmland 381 203 14 Other commercial loans 30 30 15 Consumer 1-4 family mortgage loans: Closed end first mortgage loans 2,505 2,375 474 Open end and junior lien loans 81 81 8 Other consumer loans 126 126 73 Total $36,738 $31,964 $5,421 The following table presents loans individually evaluated for impairment by class of loans as of and for the three-month period ended June 30, 2015: Cash Basis Average Interest Interest Recorded Income Income (dollars in thousands) Investment Recognized Recognized With no related allowance recorded: Commercial and industrial loans: Working capital lines of credit loans $21 $0 $0 Non-working capital loans 767 0 0 Commercial real estate and multi-family residential loans: Construction and land development loans 0 0 0 Owner occupied loans 2,865 0 0 Nonowner occupied loans 5,590 26 27 Multifamily loans 0 0 0 Agri-business and agricultural loans: Loans secured by farmland 479 0 0 Loans for ag production 0 0 0 Other commercial loans 0 0 0 Consumer 1-4 family loans: Closed end first mortgage loans 329 0 0 Open end and junior lien loans 245 0 0 Residential construction loans 0 0 0 Other consumer loans 4 0 0 With an allowance recorded: Commercial and industrial loans: Working capital lines of credit loans 994 7 7 Non-working capital loans 9,670 112 124 Commercial real estate and multi-family residential loans: Construction and land development loans 373 4 5 Owner occupied loans 2,753 0 0 Nonowner occupied loans 0 0 0 Multifamily loans 0 0 0 Agri-business and agricultural loans: Loans secured by farmland 0 0 0 Loans for agricultural production 0 0 0 Other commercial loans 0 0 0 Consumer 1-4 family mortgage loans: Closed end first mortgage loans 2,687 16 16 Open end and junior lien loans 34 0 0 Residential construction loans 0 0 0 Other consumer loans 111 1 1 Total $26,922 $166 $180 The following table presents loans individually evaluated for impairment by class of loans as of and for the three-month period ended June 30, 2014: Cash Basis Average Interest Interest Recorded Income Income (dollars in thousands) Investment Recognized Recognized With no related allowance recorded: Commercial and industrial loans: Working capital lines of credit loans $462 $0 $1 Non-working capital loans 124 0 0 Commercial real estate and multi-family residential loans: Construction and land development loans 0 0 0 Owner occupied loans 168 0 0 Nonowner occupied loans 344 0 0 Multifamily loans 0 0 0 Agri-business and agricultural loans: Loans secured by farmland 0 0 0 Loans for ag production 0 0 0 Other commercial loans 0 0 0 Consumer 1-4 family loans: Closed end first mortgage loans 688 0 0 Open end and junior lien loans 157 0 0 Residential construction loans 141 0 0 Other consumer loans 3 0 0 With an allowance recorded: Commercial and industrial loans: Working capital lines of credit loans 1,549 21 16 Non-working capital loans 13,898 134 136 Commercial real estate and multi-family residential loans: Construction and land development loans 2,695 15 16 Owner occupied loans 1,921 6 0 Nonowner occupied loans 7,218 35 35 Multifamily loans 0 0 0 Agri-business and agricultural loans: Loans secured by farmland 616 0 0 Loans for agricultural production 0 0 0 Other commercial loans 0 0 0 Consumer 1-4 family mortgage loans: Closed end first mortgage loans 2,736 17 17 Open end and junior lien loans 29 0 0 Residential construction loans 0 0 0 Other consumer loans 82 0 0 Total $32,831 $228 $221 The following table presents loans individually evaluated for impairment by class of loans as of and for the six-month period ended June 30, 2015: Cash Basis Average Interest Interest Recorded Income Income (dollars in thousands) Investment Recognized Recognized With no related allowance recorded: Commercial and industrial loans: Working capital lines of credit loans $21 $0 $0 Non-working capital loans 565 1 1 Commercial real estate and multi-family residential loans: Construction and land development loans 263 0 0 Owner occupied loans 1,704 0 0 Nonowner occupied loans 4,053 54 56 Multifamily loans 0 0 0 Agri-business and agricultural loans: Loans secured by farmland 381 0 0 Loans for ag production 0 0 0 Other commercial loans 0 0 0 Consumer 1-4 family loans: Closed end first mortgage loans 244 0 0 Open end and junior lien loans 292 0 0 Residential construction loans 21 0 0 Other consumer loans 2 0 0 With an allowance recorded: Commercial and industrial loans: Working capital lines of credit loans 1,003 16 14 Non-working capital loans 11,118 234 247 Commercial real estate and multi-family residential loans: Construction and land development loans 411 8 9 Owner occupied loans 4,201 21 22 Nonowner occupied loans 1,635 0 0 Multifamily loans 0 0 0 Agri-business and agricultural loans: Loans secured by farmland 100 0 0 Loans for agricultural production 0 0 0 Other commercial loans 5 0 0 Consumer 1-4 family mortgage loans: Closed end first mortgage loans 2,850 33 30 Open end and junior lien loans 34 0 0 Residential construction loans 0 0 0 Other consumer loans 116 2 2 Total $29,019 $369 $381 The following table presents loans individually evaluated for impairment by class of loans as of and for the six-month period ended June 30, 2014: Cash Basis Average Interest Interest Recorded Income Income (dollars in thousands) Investment Recognized Recognized With no related allowance recorded: Commercial and industrial loans: Working capital lines of credit loans $287 $1 $1 Non-working capital loans 62 0 0 Commercial real estate and multi-family residential loans: Construction and land development loans 0 0 0 Owner occupied loans 243 0 0 Nonowner occupied loans 349 0 0 Multifamily loans 0 0 0 Agri-business and agricultural loans: Loans secured by farmland 196 0 0 Loans for ag production 0 0 0 Other commercial loans 0 0 0 Consumer 1-4 family loans: Closed end first mortgage loans 689 0 0 Open end and junior lien loans 113 0 0 Residential construction loans 144 0 0 Other consumer loans 2 0 0 With an allowance recorded: Commercial and industrial loans: Working capital lines of credit loans 2,000 33 29 Non-working capital loans 13,840 260 262 Commercial real estate and multi-family residential loans: Construction and land development loans 2,663 30 31 Owner occupied loans 2,816 19 14 Nonowner occupied loans 9,526 69 69 Multifamily loans 0 0 0 Agri-business and agricultural loans: 0 Loans secured by farmland 559 0 0 Loans for agricultural production 0 0 0 Other commercial loans 0 0 0 Consumer 1-4 family mortgage loans: 0 Closed end first mortgage loans 2,835 33 36 Open end and junior lien loans 73 0 0 Residential construction loans 0 0 0 Other consumer loans 87 0 0 Total $36,484 $445 $442 |
Aging of the Recorded Investment in Past Due Loans | The following table presents the aging of the recorded investment in past due loans as of June 30, 2015 by class of loans: 30-89 Greater than Loans Not Days 90 Days Total (dollars in thousands) Past Due Past Due Past Due Nonaccrual Past Due Total Commercial and industrial loans: Working capital lines of credit loans $605,190 $40 $0 $580 $620 $605,810 Non-working capital loans 534,829 127 275 3,020 3,422 538,251 Commercial real estate and multi-family residential loans: Construction and land development loans 151,936 0 0 0 0 151,936 Owner occupied loans 401,579 2,439 0 5,295 7,734 409,313 Nonowner occupied loans 395,575 269 0 3,359 3,628 399,203 Multifamily loans 90,075 0 0 0 0 90,075 Agri-business and agricultural loans: Loans secured by farmland 155,526 0 0 477 477 156,003 Loans for agricultural production 95,407 0 0 0 0 95,407 Other commercial loans 82,242 0 0 0 0 82,242 Consumer 1-4 family mortgage loans: Closed end first mortgage loans 146,031 1,508 9 1,154 2,671 148,702 Open end and junior lien loans 156,736 86 0 166 252 156,988 Residential construction loans 8,806 0 0 0 0 8,806 Other consumer loans 50,569 117 0 40 157 50,726 Total $2,874,501 $4,586 $284 $14,091 $18,961 $2,893,462 The following table presents the aging of the recorded investment in past due loans as of December 31, 2014 by class of loans: 30-89 Greater than Loans Not Days 90 Days Total (dollars in thousands) Past Due Past Due Past Due Nonaccrual Past Due Total Commercial and industrial loans: Working capital lines of credit loans $543,613 $0 $0 $632 $632 $544,245 Non-working capital loans 487,655 0 101 3,598 3,699 491,354 Commercial real estate and multi-family residential loans: Construction and land development loans 155,711 0 0 526 526 156,237 Owner occupied loans 399,028 800 0 3,049 3,849 402,877 Nonowner occupied loans 390,394 31 0 3,629 3,660 394,054 Multi-family loans 71,695 0 0 0 0 71,695 Agri-business and agricultural loans: Loans secured by farmland 136,923 0 0 485 485 137,408 Loans for agricultural production 136,466 0 0 0 0 136,466 Other commercial loans 75,684 0 0 30 30 75,714 Consumer 1-4 family mortgage loans: Closed end first mortgage loans 142,615 1,198 20 1,051 2,269 144,884 Open end and junior lien loans 150,551 235 9 398 642 151,193 Residential construction loans 6,597 0 0 129 129 6,726 Other consumer loans 49,308 108 0 51 159 49,467 Total $2,746,240 $2,372 $130 $13,578 $16,080 $2,762,320 |
Troubled Debt Restructuring | The Company is not committed to lend additional funds to debtors whose loans have been modified in a troubled debt restructuring. June 30, December 31, (dollars in thousands) 2015 2014 Accruing troubled debt restructured loans $7,606 $16,492 Nonaccrual troubled debt restructured loans 11,177 9,161 Total troubled debt restructured loans $18,783 $25,653 |
Loans by Class Modified as Troubled Debt Restructurings | The following table presents loans by class modified as new troubled debt restructurings that occurred during the three month period ending June 30, 2015: All Modifications Modified Repayment Terms Pre-Modification Post-Modification Extension Outstanding Outstanding Period or Number of Recorded Recorded Number of Range (dollars in thousands) Loans Investment Investment Loans (in months) Troubled Debt Restructurings Commercial and industrial loans: Working capital lines of credit loans 2 $564 $564 Non-working capital loans 1 783 783 1 12 Commercial real estate and multi- family residential loans: Owner occupied loans 1 67 67 1 6 Total 4 $1,414 $1,414 2 6-12 The following table presents loans by class modified as new troubled debt restructurings that occurred during the six month period ending June 30, 2015: All Modifications Modified Repayment Terms Pre-Modification Post-Modification Extension Outstanding Outstanding Period or Number of Recorded Recorded Number of Range (dollars in thousands) Loans Investment Investment Loans (in months) Troubled Debt Restructurings Commercial and industrial loans: Working capital lines of credit loans 2 $564 $564 Non-working capital loans 1 783 783 1 12 Commercial real estate and multi- family residential loans: Owner occupied loans 2 855 855 1 6 Total 5 $2,202 $2,202 2 6-12 The following table presents loans by class modified as troubled debt restructurings that occurred during the six months ending June 30, 2014: All Modifications Modified Repayment Terms Pre-Modification Post-Modification Extension Outstanding Outstanding Period or Number of Recorded Recorded Number of Range (dollars in thousands) Loans Investment Investment Loans (in months) Troubled Debt Restructurings Commercial and industrial loans: Non-working capital loans 2 $ 433 $ 433 2 12-15 Commercial real estate and multi- family residential loans: Owner occupied loans 1 158 159 Total 3 $ 591 $ 592 2 12-15 |
Credit Quality Indicators | As of June 30, 2015, and based on the most recent analysis performed, the risk category of loans by class of loans is as follows: Special Not (dollars in thousands) Pass Mention Substandard Doubtful Rated Total Commercial and industrial loans: Working capital lines of credit loans $ 563,337 $ 36,003 $ 6,470 $ 0 $ 0 $ 605,810 Non-working capital loans 488,192 36,406 10,783 0 2,870 538,251 Commercial real estate and multi- family residential loans: Construction and land development loans 148,079 1,272 2,585 0 0 151,936 Owner occupied loans 375,025 24,646 9,642 0 0 409,313 Nonowner occupied loans 381,942 11,753 5,508 0 0 399,203 Multifamily loans 90,075 0 0 0 0 90,075 Agri-business and agricultural loans: Loans secured by farmland 155,526 0 477 0 0 156,003 Loans for agricultural production 95,407 0 0 0 0 95,407 Other commercial loans 82,238 0 0 0 4 82,242 Consumer 1-4 family mortgage loans: Closed end first mortgage loans 40,008 126 1,841 0 106,727 148,702 Open end and junior lien loans 9,374 0 2,015 0 145,599 156,988 Residential construction loans 0 0 0 0 8,806 8,806 Other consumer loans 16,572 0 72 0 34,082 50,726 Total $ 2,445,775 $ 110,206 $ 39,393 $ 0 $ 298,088 $ 2,893,462 As of December 31, 2014, and based on the most recent analysis performed, the risk category of loans by class of loans is as follows: Special Not (dollars in thousands) Pass Mention Substandard Doubtful Rated Total Commercial and industrial loans: Working capital lines of credit loans $504,806 $28,485 $10,343 $611 $0 $544,245 Non-working capital loans 436,735 31,781 20,324 0 2,514 491,354 Commercial real estate and multi- family residential loans: Construction and land development loans 150,442 1,033 4,762 0 0 156,237 Owner occupied loans 369,520 20,960 12,397 0 0 402,877 Nonowner occupied loans 375,702 12,512 5,840 0 0 394,054 Multi-family loans 71,695 0 0 0 0 71,695 Agri-business and agricultural loans: Loans secured by farmland 136,923 0 485 0 0 137,408 Loans for agricultural production 136,466 0 0 0 0 136,466 Other commercial loans 75,680 0 30 0 4 75,714 Consumer 1-4 family mortgage loans: Closed end first mortgage loans 39,156 0 2,199 0 103,529 144,884 Open end and junior lien loans 8,400 291 2,015 0 140,487 151,193 Residential construction loans 0 0 0 0 6,726 6,726 Other consumer loans 15,879 290 75 0 33,223 49,467 Total $2,321,404 $95,352 $58,470 $611 $286,483 $2,762,320 |
FAIR VALUE DISCLOSURES (Tables)
FAIR VALUE DISCLOSURES (Tables) | 6 Months Ended |
Jun. 30, 2015 | |
Fair Value Disclosures [Abstract] | |
Schedule of Assets Measured at Fair Value on a Recurring Basis | The table below presents the balances of assets measured at fair value on a recurring basis: June 30, 2015 Fair Value Measurements Using Assets (dollars in thousands) Level 1 Level 2 Level 3 at Fair Value Assets U.S. Treasury securities $ 1,002 $ 0 $ 0 $ 1,002 Mortgage-backed securities 0 361,918 0 361,918 State and municipal securities 0 106,655 808 107,463 Total Securities 1,002 468,573 808 470,383 Mortgage banking derivative 0 329 0 329 Interest rate swap derivative 0 1,463 0 1,463 Total assets $ 1,002 $ 470,365 $ 808 $ 472,175 Liabilities Mortgage banking derivative 0 40 0 40 Interest rate swap derivative 0 1,377 0 1,377 Total liabilities $ 0 $ 1,417 $ 0 $ 1,417 December 31, 2014 Fair Value Measurements Using Assets (dollars in thousands) Level 1 Level 2 Level 3 at Fair Value Assets U.S. Treasury securities $ 1,004 $ 0 $ 0 $ 1,004 Mortgage-backed securities 0 372,095 0 372,095 State and municipal securities 0 101,962 850 102,812 Total Securities 1,004 474,057 850 475,911 Mortgage banking derivative 0 96 0 96 Interest rate swap derivative 0 1,191 0 1,191 Total assets $ 1,004 $ 475,344 $ 850 $ 477,198 Liabilities Mortgage banking derivative 0 11 0 11 Interest rate swap derivative 0 1,242 0 1,242 Total liabilities $ 0 $ 1,253 $ 0 $ 1,253 |
Schedule of Reconciliation of All Assets Measured at Fair Value on a Recurring Basis Using Significant Unobservable Inputs | The table below presents a reconciliation of all assets measured at fair value on a recurring basis using significant unobservable inputs (Level 3) for the six months ended June 30, 2015 and 2014: State and Municipal Securities (dollars in thousands) 2015 2014 Balance of recurring Level 3 assets at January 1 $ 850 $ 975 Changes in fair value of securities included in other comprehensive income (2) 24 Principal payments (40) (85) Balance of recurring Level 3 assets at June 30 $ 808 $ 914 |
Fair Value Measurements, Recurring, Valuation Techniques | The state and municipal securities measured at fair value included below are non-rated Indiana municipal revenue bonds and are not actively traded. Quantitative Information about Level 3 Fair Value Measurements Range of Fair Value at Inputs (dollars in thousands) 6/30/2015 Valuation Technique Unobservable Input (Average) State and municipal securities $ 808 Price to type, par, call Discount to benchmark index 0-5% (2.24%) Quantitative Information about Level 3 Fair Value Measurements Range of Fair Value at Inputs (dollars in thousands) 12/31/2014 Valuation Technique Unobservable Input (Average) State and municipal securities $ 850 Price to type, par, call Discount to benchmark index 0-6% (2.49%) |
Schedule of Assets Measured at Fair Value on a Nonrecurring Basis | The table below presents the balances of assets measured at fair value on a nonrecurring basis: June 30, 2015 Fair Value Measurements Using Assets (dollars in thousands) Level 1 Level 2 Level 3 at Fair Value Assets Impaired loans: Commercial and industrial loans: Working capital lines of credit loans $ 0 $ 0 $ 517 $ 517 Non-working capital loans 0 0 1,792 1,792 Commercial real estate and multi-family residential loans: Construction and land development loans 0 0 315 315 Owner occupied loans 0 0 1,934 1,934 Consumer 1-4 family mortgage loans: Closed end first mortgage loans 0 0 885 885 Open end and junior lien loans 0 0 31 31 Other consumer loans 0 0 21 21 Total impaired loans $ 0 $ 0 $ 5,495 $ 5,495 Other real estate owned 0 0 75 75 Total assets $ 0 $ 0 $ 5,570 $ 5,570 December 31, 2014 Fair Value Measurements Using Assets (dollars in thousands) Level 1 Level 2 Level 3 at Fair Value Assets Impaired loans: Commercial and industrial loans: Working capital lines of credit loans $ 0 $ 0 $ 531 $ 531 Non-working capital loans 0 0 2,257 2,257 Commercial real estate and multi-family residential loans: Construction and land development loans 0 0 341 341 Owner occupied loans 0 0 4,084 4,084 Nonowner occupied loans 0 0 3,113 3,113 Agri-business and agricultural loans: Loans secured by farmland 0 0 189 189 Other commercial loans 0 0 15 15 Consumer 1-4 family mortgage loans: Closed end first mortgage loans 0 0 399 399 Residential construction loans 0 0 73 73 Other consumer loans 0 0 29 29 Total impaired loans $ 0 $ 0 $ 11,031 $ 11,031 Other real estate owned 0 0 75 75 Total assets $ 0 $ 0 $ 11,106 $ 11,106 |
Fair Value Measured On Nonrecurring Basis Valuation Techniques | The following table presents the valuation methodology and unobservable inputs for Level 3 assets measured at fair value on a non-recurring basis at June 30, 2015: (dollars in thousands) Fair Value Valuation Methodology Unobservable Inputs Average Range of Inputs Impaired loans: Commercial and industrial $ 2,309 Collateral based Discount to reflect 40% (19% - 100%) measurements current market conditions and ultimate collectability Impaired loans: Commercial real estate 2,249 Collateral based Discount to reflect 31% (10% - 78%) measurements current market conditions and ultimate collectability Impaired loans: Consumer 1-4 family mortgage 916 Collateral based Discount to reflect 27% (2% - 72%) measurements current market conditions and ultimate collectability Impaired loans: Other consumer 21 Collateral based Discount to reflect 47% (18% - 63%) measurements current market conditions and ultimate collectability Other real estate owned 75 Appraisals Discount to reflect 49% current market conditions The following table presents the valuation methodology and unobservable inputs for Level 3 assets measured at fair value on a non-recurring basis at December 31, 2014: (dollars in thousands) Fair Value Valuation Methodology Unobservable Inputs Average Range of Inputs Impaired loans: Commercial and industrial $ 2,788 Collateral based Discount to reflect 40% (11% - 68%) measurements current market conditions and ultimate collectability Impaired loans: Commercial real estate 7,538 Collateral based Discount to reflect 25% (6% - 50%) measurements current market conditions and ultimate collectability Impaired loans: Agri-business and agricultural 189 Collateral based Discount to reflect 7% measurements current market conditions and ultimate collectability Impaired loans: Other commercial 15 Collateral based Discount to reflect 50% measurements current market conditions and ultimate collectability Impaired loans: Consumer 1-4 family mortgage 472 Collateral based Discount to reflect 32% (3% - 77%) measurements current market conditions and ultimate collectability Impaired loans: Other consumer 29 Collateral based Discount to reflect 43% (33% - 50%) measurements current market conditions and ultimate collectability Other real estate owned 75 Appraisals Discount to reflect 49% |
Schedule of Fair Values and the Related Carrying Values of Financial Instruments | The following table contains the estimated fair values and the related carrying values of the Company’s financial instruments. Items which are not financial instruments are not included. June 30, 2015 Carrying Estimated Fair Value (dollars in thousands) Value Level 1 Level 2 Level 3 Total Financial Assets: Cash and cash equivalents $ 89,480 $ 89,480 $ 0 $ 0 $ 89,480 Securities available for sale 470,383 1,002 468,573 808 470,383 Real estate mortgages held for sale 3,405 0 3,459 0 3,459 Loans, net 2,848,646 0 0 2,833,515 2,833,515 Federal Home Loan Bank stock 4,248 N/A N/A N/A N/A Federal Reserve Bank stock 3,420 N/A N/A N/A N/A Accrued interest receivable 9,360 3 2,284 7,073 9,360 Financial Liabilities: Certificates of deposit (995,053) 0 (1,000,619) 0 (1,000,619) All other deposits (2,025,098) (2,025,098) 0 0 (2,025,098) Securities sold under agreements to repurchase (51,615) 0 (51,615) 0 (51,615) Federal funds purchased 0 0 0 0 0 Other short-term borrowings (75,000) 0 (75,000) 0 (75,000) Long-term borrowings (34) 0 (38) 0 (38) Subordinated debentures (30,928) 0 0 (31,226) (31,226) Standby letters of credit (406) 0 0 (406) (406) Accrued interest payable (3,921) (101) (3,817) (3) (3,921) December 31, 2014 Carrying Estimated Fair Value (dollars in thousands) Value Level 1 Level 2 Level 3 Total Financial Assets: Cash and cash equivalents $ 90,638 $ 90,638 $ 0 $ 0 $ 90,638 Securities available for sale 475,911 1,004 474,057 850 475,911 Real estate mortgages held for sale 1,585 0 1,612 0 1,612 Loans, net 2,716,058 0 0 2,698,767 2,698,767 Federal Home Loan Bank stock 5,993 N/A N/A N/A N/A Federal Reserve Bank stock 3,420 N/A N/A N/A N/A Accrued interest receivable 8,662 3 2,312 6,347 8,662 Financial Liabilities: Certificates of deposit (870,590) 0 (876,953) 0 (876,953) All other deposits (2,002,530) (2,002,530) 0 0 (2,002,530) Securities sold under agreements to repurchase (54,907) 0 (54,907) 0 (54,907) Federal funds purchased (500) 0 (500) 0 (500) Other short-term borrowings (105,000) 0 (105,001) 0 (105,001) Long-term borrowings (35) 0 (40) 0 (40) Subordinated debentures (30,928) 0 0 (31,212) (31,212) Standby letters of credit (379) 0 0 (379) (379) Accrued interest payable (2,946) (109) (2,834) (3) (2,946) |
EMPLOYEE BENEFIT PLANS (Tables)
EMPLOYEE BENEFIT PLANS (Tables) | 6 Months Ended |
Jun. 30, 2015 | |
Employee Benefit Plans [Abstract] | |
Components of Net Periodic Benefit Cost | Components of net periodic benefit cost: Six Months Ended June 30, Three Months Ended June 30, Pension Benefits SERP Benefits Pension Benefits SERP Benefits (dollars in thousands) 2015 2014 2015 2014 2015 2014 2015 2014 Interest cost $52 $60 $23 $25 $26 $30 $12 $13 Expected return on plan assets (70) (63) (39) (36) (35) (32) (20) (18) Recognized net actuarial loss 81 59 41 40 41 30 20 20 Net pension expense $63 $56 $25 $29 $32 $28 $12 $15 |
OFFSETTING ASSETS AND LIABILI27
OFFSETTING ASSETS AND LIABILITIES (Tables) | 6 Months Ended |
Jun. 30, 2015 | |
Offsettings [Abstract] | |
Offsetting Assets And Liability | The following tables summarize gross and net information about financial instruments and derivative instruments that are offset in the statement of financial position or that are subject to an enforceable master netting arrangement at June 30, 2015 and December 31, 2014. June 30, 2015 Gross Net Amounts Gross Amounts of Assets Gross Amounts Not Amounts of Offset in the presented in Offset in the Statement Recognized Statement of the Statement of Financial Position Assets/ Financial of Financial Financial Cash (dollars in thousands) Liabilities Position Position Instruments Received Net Assets Interest Rate Swap Derivatives $1,463 $0 $1,463 $0 $0 $1,463 Total Assets $1,463 $0 $1,463 $0 $0 $1,463 Liabilities Interest Rate Swap Derivatives $1,377 $0 $1,377 $0 $(1,030) $347 Repurchase Agreements 51,615 0 51,615 (51,615) 0 0 Total Liabilities $52,992 $0 $52,992 $(51,615) $(1,030) $347 December 31, 2014 Gross Net Amounts Gross Amounts of Assets Gross Amounts Not Amounts of Offset in the presented in Offset in the Statement Recognized Statement of the Statement of Financial Position Assets/ Financial of Financial Financial Cash (dollars in thousands) Liabilities Position Position Instruments Received Net Assets Interest Rate Swap Derivatives $1,191 $0 $1,191 $0 $0 $1,191 Total Assets $1,191 $0 $1,191 $0 $0 $1,191 Liabilities Interest Rate Swap Derivatives $1,242 $0 $1,242 $0 $(1,242) $0 Repurchase Agreements 54,907 0 54,907 (54,907) 0 0 Total Liabilities $56,149 $0 $56,149 $(54,907) $(1,242) $0 |
EARNINGS PER SHARE (Tables)
EARNINGS PER SHARE (Tables) | 6 Months Ended |
Jun. 30, 2015 | |
Earnings Per Share [Abstract] | |
Schedule of weighted average number of shares | Diluted earnings per common share includes the dilutive effect of additional potential common shares issuable under stock options, stock awards and warrants, none of which were antidilutive. Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 Weighted average shares outstanding for basic earnings per common share 16,611,974 16,536,112 16,601,189 16,524,079 Dilutive effect of stock options, awards and warrants 208,078 202,957 194,718 205,400 Weighted average shares outstanding for diluted earnings per common share 16,820,052 16,739,069 16,795,907 16,729,479 Basic earnings per common share $0.69 $0.68 $1.36 $1.28 Diluted earnings per common share $0.68 $0.68 $1.34 $1.27 |
ACCUMULATED OTHER COMPREHENSI29
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables) | 6 Months Ended |
Jun. 30, 2015 | |
Stockholders Equity Note [Abstract] | |
Schedule of Changes in Accumulated Other Comprehensive Income | The following tables summarize the changes within each classification of accumulated other comprehensive income (loss) for the six months ended June 30, 2015 and the year ended December 31, 2014: Unrealized Gains and Losses on Defined Available- Benefit for-Sales Pension (dollars in thousands) Securities Items Total Balance at December 31, 2014 $5,467 $(1,637) $3,830 Other comprehensive income before reclassification (982) (174) (1,156) Amounts reclassified from accumulated other comprehensive income (loss) (25) 73 48 Net current period other comprehensive income (1,007) (101) (1,108) Balance at June 30, 2015 $4,460 $(1,738) $2,722 Unrealized Gains and Losses on Defined Available- Benefit for-Sales Pension (dollars in thousands) Securities Items Total Balance at December 31, 2013 $(1,138) $(1,356) $(2,494) Other comprehensive income before reclassification 6,471 (399) 6,072 Amounts reclassified from accumulated other comprehensive income (loss) 134 118 252 Net current period other comprehensive income 6,605 (281) 6,324 Balance at December 31, 2014 $5,467 $(1,637) $3,830 |
Reclassification Accumulated Other Comprehensive Income | Reclassifications out of accumulated comprehensive income for the three months ended June 30, 2015 are as follows: Details about Amount Affected Line Item Accumulated Other Reclassified From in the Statement Comprehensive Accumulated Other Where Net Income Components Comprehensive Income Income is Presented (dollars in thousands) Unrealized gains and losses on available-for-sale securities $0 Net securities gains (losses) Tax effect 0 Income tax expense 0 Net of tax Amortization of defined benefit pension items (61) Salaries and employee benefits Tax effect 25 Income tax expense (36) Net of tax Total reclassifications for the period $(36) Net of tax Reclassifications out of accumulated comprehensive income for the three months ended June 30, 2014 are as follows: Details about Amount Affected Line Item Accumulated Other Reclassified From in the Statement Comprehensive Accumulated Other Where Net Income Components Comprehensive Income Income is Presented (dollars in thousands) Unrealized gains and losses on available-for-sale securities $4 Net securities gains (losses) Tax effect 0 Income tax expense 4 Net of tax Amortization of defined benefit pension items (50) Salaries and employee benefits Tax effect 21 Income tax expense (29) Net of tax Total reclassifications for the period $(25) Net of tax Reclassifications out of accumulated comprehensive income for the six months ended June 30, 2015 are as follows: Details about Amount Affected Line Item Accumulated Other Reclassified From in the Statement Comprehensive Accumulated Other Where Net Income Components Comprehensive Income Income is Presented (dollars in thousands) Unrealized gains and losses on available-for-sale securities $42 Net securities gains (losses) Tax effect (17) Income tax expense 25 Net of tax Amortization of defined benefit pension items (122) Salaries and employee benefits Tax effect 49 Income tax expense (73) Net of tax Total reclassifications for the period $(48) Net of tax Reclassifications out of accumulated comprehensive income for the six months ended June 30, 2014 are as follows: Details about Amount Affected Line Item Accumulated Other Reclassified From in the Statement Comprehensive Accumulated Other Where Net Income Components Comprehensive Income Income is Presented (dollars in thousands) Unrealized gains and losses on available-for-sale securities $4 Net securities gains (losses) Tax effect 0 Income tax expense 4 Net of tax Amortization of defined benefit pension items (99) Salaries and employee benefits Tax effect 40 Income tax expense (59) Net of tax Total reclassifications for the period $(55) Net of tax |
SECURITIES (Summary Of Availabl
SECURITIES (Summary Of Available Sale Of Securities) (Details) - USD ($) $ in Thousands | 6 Months Ended | 12 Months Ended |
Jun. 30, 2015 | Dec. 31, 2014 | |
Information related to available for sale securities [Abstract] | ||
Amortized Cost | $ 463,063 | $ 466,981 |
Gross Unrealized Gain | 10,147 | 11,053 |
Gross Unrealized Losses | (2,827) | (2,123) |
Fair Value | 470,383 | 475,911 |
US Treasury Securities [Member] | ||
Information related to available for sale securities [Abstract] | ||
Amortized Cost | 987 | 986 |
Gross Unrealized Gain | 15 | 18 |
Gross Unrealized Losses | 0 | 0 |
Fair Value | 1,002 | 1,004 |
Agency Residential Mortgage-Backed Securities [Member] | ||
Information related to available for sale securities [Abstract] | ||
Amortized Cost | 356,737 | 366,596 |
Gross Unrealized Gain | 7,098 | 7,178 |
Gross Unrealized Losses | (1,917) | (1,679) |
Fair Value | 361,918 | 372,095 |
State and Municipal Securities [Member] | ||
Information related to available for sale securities [Abstract] | ||
Amortized Cost | 105,339 | 99,399 |
Gross Unrealized Gain | 3,034 | 3,857 |
Gross Unrealized Losses | (910) | (444) |
Fair Value | $ 107,463 | $ 102,812 |
SECURITIES (Schedule Of Availab
SECURITIES (Schedule Of Available Sale Of Securities By Maturity) (Details) - USD ($) $ in Thousands | Jun. 30, 2015 | Dec. 31, 2014 |
Maturities of Available-for-sale Debt Securities [Abstract] | ||
Due in one year or less | $ 5,048 | |
Due after one year through five years | 18,923 | |
Due after five years through ten years | 45,452 | |
Due after ten years | 36,903 | |
Available for sale securities with maturities amortized cost | 106,326 | |
Mortgage-backed securities | 356,737 | |
Total debt securities | 463,063 | $ 466,981 |
Due in one year or less | 5,083 | |
Due after one year through five years | 19,673 | |
Due after five years through ten years | 46,942 | |
Due after ten years | 36,767 | |
Available for sale securities with maturities fair value | 108,465 | |
Mortgage-backed securities | 361,918 | |
Total debt securities | $ 470,383 | $ 475,911 |
SECURITIES (Schedule Of Sales O
SECURITIES (Schedule Of Sales Of Securities Available For Sale) (Details) - USD ($) $ in Thousands | 6 Months Ended | |
Jun. 30, 2015 | Jun. 30, 2014 | |
Sales of Securities Available for Sale [Abstract] | ||
Proceeds | $ 7,787 | $ 0 |
Gross gains | 42 | 0 |
Gross losses | $ 0 | $ 0 |
SECURITIES (Schedule Of Avail33
SECURITIES (Schedule Of Available Sale Of Securities Continuous Unrealized Loss Position) (Details) - USD ($) $ in Thousands | 6 Months Ended | 12 Months Ended |
Jun. 30, 2015 | Dec. 31, 2014 | |
Securities with unrealized losses [Abstract] | ||
Less than twelve months, fair value | $ 118,412 | $ 35,878 |
12 months or more, fair value | 40,243 | 118,903 |
Total fair value | 158,655 | 154,781 |
Less than 12 Months, Unrealized losses | (1,660) | (176) |
12 Months or more, Unrealized losses | (1,167) | (1,947) |
Total Unrealized losses | (2,827) | (2,123) |
Agency Residential Mortgage-Backed Securities [Member] | ||
Securities with unrealized losses [Abstract] | ||
Less than twelve months, fair value | 96,752 | 33,420 |
12 months or more, fair value | 30,924 | 102,512 |
Total fair value | 127,676 | 135,932 |
Less than 12 Months, Unrealized losses | (1,146) | (148) |
12 Months or more, Unrealized losses | (771) | (1,531) |
Total Unrealized losses | (1,917) | (1,679) |
State and Municipal Securities [Member] | ||
Securities with unrealized losses [Abstract] | ||
Less than twelve months, fair value | 21,660 | 2,458 |
12 months or more, fair value | 9,319 | 16,391 |
Total fair value | 30,979 | 18,849 |
Less than 12 Months, Unrealized losses | (514) | (28) |
12 Months or more, Unrealized losses | (396) | (416) |
Total Unrealized losses | $ (910) | $ (444) |
SECURITIES (Quantitative Disclo
SECURITIES (Quantitative Disclosure Of Available Sale Of Securities) (Details) | Jun. 30, 2015 | Dec. 31, 2014 |
Number of securities with unrealized losses [Abstract] | ||
Number of available-for-sale securities in unrealized loss positions, less than 12 months | 79 | 17 |
Number of available-for-sale securities in unrealized loss positions, 12 months or more | 22 | 56 |
Available-for-sale, Securities in Unrealized Loss Positions, Number of Positions | 101 | 73 |
Agency Residential Mortgage-Backed Securities [Member] | ||
Number of securities with unrealized losses [Abstract] | ||
Number of available-for-sale securities in unrealized loss positions, less than 12 months | 31 | 9 |
Number of available-for-sale securities in unrealized loss positions, 12 months or more | 9 | 27 |
Available-for-sale, Securities in Unrealized Loss Positions, Number of Positions | 40 | 36 |
State and Municipal Securities [Member] | ||
Number of securities with unrealized losses [Abstract] | ||
Number of available-for-sale securities in unrealized loss positions, less than 12 months | 48 | 8 |
Number of available-for-sale securities in unrealized loss positions, 12 months or more | 13 | 29 |
Available-for-sale, Securities in Unrealized Loss Positions, Number of Positions | 61 | 37 |
SECURITIES (Additional informat
SECURITIES (Additional information) (Details) - USD ($) $ in Millions | Jun. 30, 2015 | Dec. 31, 2014 |
Information related to available for sale securities [Abstract] | ||
Cost basis of securities sold | $ 7.7 | |
Fair Value of securities slold | 7.8 | |
Available-for-sale Securities pledged as collateral | $ 179.9 | $ 202.4 |
LOANS (Total Loans Outstanding)
LOANS (Total Loans Outstanding) (Details) - USD ($) $ in Thousands | 6 Months Ended | 12 Months Ended | ||||
Jun. 30, 2015 | Dec. 31, 2014 | Mar. 31, 2015 | Jun. 30, 2014 | Mar. 30, 2014 | Dec. 31, 2013 | |
Accounts, Notes, Loans and Financing Receivable [Line Items] | ||||||
Total commercial loans | $ 2,529,152 | $ 2,410,934 | ||||
Total consumer loans | 364,513 | 351,670 | ||||
Subtotal | $ 2,893,665 | $ 2,762,604 | ||||
Percentage of Subtotal | 100.00% | 100.00% | ||||
Less: Allowance for loan losses | $ (44,816) | $ (46,262) | $ (45,677) | $ (45,605) | $ (46,137) | $ (48,797) |
Net deferred loan fees | (203) | (284) | ||||
Loans, net | $ 2,848,646 | $ 2,716,058 | ||||
Commercial Loans [Member] | ||||||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ||||||
Percentage of Total commercial loans | 87.40% | 87.30% | ||||
Other consumer loans [Member] | ||||||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ||||||
Percentage of Total consumer loans | 1.80% | 1.80% | ||||
Consumer Loan [Member] | ||||||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ||||||
Percentage of Total consumer loans | 12.60% | 12.70% | ||||
Commercial and Industrial Loans [Member] | ||||||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ||||||
Total commercial loans | $ 1,143,877 | $ 1,035,373 | ||||
Percentage of Total commercial loans | 39.50% | 37.50% | ||||
Less: Allowance for loan losses | $ (22,360) | $ (22,785) | (23,024) | (20,922) | (21,730) | (21,005) |
Commercial and Industrial Loans [Member] | Working Capital Lines Of Credit Loans [Member] | ||||||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ||||||
Total commercial loans | $ 606,169 | $ 544,043 | ||||
Percentage of Total commercial loans | 20.90% | 19.70% | ||||
Commercial and Industrial Loans [Member] | Non-working Capital Loans [Member] | ||||||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ||||||
Total commercial loans | $ 537,708 | $ 491,330 | ||||
Percentage of Total commercial loans | 18.60% | 17.80% | ||||
Commercial Real Estate and Multi-family Residential Loans [Member] | ||||||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ||||||
Total commercial loans | $ 1,051,700 | $ 1,026,059 | ||||
Percentage of Total commercial loans | 36.30% | 37.10% | ||||
Commercial Real Estate and Multi-family Residential Loans [Member] | Construction and Land Development Loans [Member] | ||||||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ||||||
Total commercial loans | $ 152,292 | $ 156,636 | ||||
Percentage of Total commercial loans | 5.30% | 5.70% | ||||
Commercial Real Estate and Multi-family Residential Loans [Member] | Owner Occupied Loans [Member] | ||||||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ||||||
Total commercial loans | $ 409,650 | $ 403,154 | ||||
Percentage of Total commercial loans | 14.20% | 14.60% | ||||
Commercial Real Estate and Multi-family Residential Loans [Member] | Nonowner Occupied Loans [Member] | ||||||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ||||||
Total commercial loans | $ 399,583 | $ 394,458 | ||||
Percentage of Total commercial loans | 13.80% | 14.30% | ||||
Commercial Real Estate and Multi-family Residential Loans [Member] | Multifamily Loans [Member] | ||||||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ||||||
Total commercial loans | $ 90,175 | $ 71,811 | ||||
Percentage of Total commercial loans | 3.10% | 2.60% | ||||
Agri-business and Agricultural Loans [Member] | ||||||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ||||||
Total commercial loans | $ 251,328 | $ 273,787 | ||||
Percentage of Total commercial loans | 8.70% | 9.90% | ||||
Less: Allowance for loan losses | $ (1,881) | $ (1,790) | $ (1,627) | $ (1,404) | $ (1,408) | $ (1,682) |
Agri-business and Agricultural Loans [Member] | Loans Secured By Farmland [Member] | ||||||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ||||||
Total commercial loans | $ 156,001 | $ 137,407 | ||||
Percentage of Total commercial loans | 5.40% | 5.00% | ||||
Agri-business and Agricultural Loans [Member] | Loans For Agricultural Production [Member] | ||||||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ||||||
Total commercial loans | $ 95,327 | $ 136,380 | ||||
Percentage of Total commercial loans | 3.30% | 4.90% | ||||
Other Commercial Loans [Member] | ||||||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ||||||
Total commercial loans | $ 82,247 | $ 75,715 | ||||
Percentage of Total commercial loans | 2.80% | 2.70% | ||||
Total Consumer 1 To 4 Family Mortgage Loans [Member] | ||||||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ||||||
Total consumer loans | $ 313,700 | $ 302,129 | ||||
Percentage of Total consumer loans | 10.80% | 10.90% | ||||
Total Consumer 1 To 4 Family Mortgage Loans [Member] | Closed End First Mortgage Loans [Member] | ||||||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ||||||
Total consumer loans | $ 148,977 | $ 145,167 | ||||
Percentage of Total consumer loans | 5.10% | 5.30% | ||||
Total Consumer 1 To 4 Family Mortgage Loans [Member] | Open End And Junior Lien Loans [Member] | ||||||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ||||||
Total consumer loans | $ 155,902 | $ 150,220 | ||||
Percentage of Total consumer loans | 5.40% | 5.40% | ||||
Total Consumer 1 To 4 Family Mortgage Loans [Member] | Residential Construction and Land Development Loans [Member] | ||||||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ||||||
Total consumer loans | $ 8,821 | $ 6,742 | ||||
Percentage of Total consumer loans | 0.30% | 0.20% | ||||
Other Consumer [Member] | ||||||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ||||||
Total consumer loans | $ 50,813 | $ 49,541 |
LOANS (Additional information)
LOANS (Additional information) (Details) | Jun. 30, 2015USD ($) |
Accounts, Notes, Loans and Financing Receivable [Line Items] | |
Mortgage Loans in Process of Foreclosure, Amount | $ 925,000 |
ALLOWANCE FOR LOAN LOSSES AND38
ALLOWANCE FOR LOAN LOSSES AND CREDIT QUALITY (Allowance for loan losses by portfolio segment) (Details) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended | ||
Jun. 30, 2015 | Jun. 30, 2014 | Jun. 30, 2015 | Jun. 30, 2014 | |
Financing Receivable, Allowance for Credit Losses [Line Items] | ||||
Beginning balance | $ 45,677 | $ 46,137 | $ 46,262 | $ 48,797 |
Provision for loan losses | 0 | 0 | 0 | 0 |
Loans charged-off | (995) | (655) | (1,703) | (3,406) |
Recoveries | 134 | 123 | 257 | 214 |
Net loans charged-off | (861) | (532) | (1,446) | (3,192) |
Ending balance | 44,816 | 45,605 | 44,816 | 45,605 |
Commercial and Industrial Loans [Member] | ||||
Financing Receivable, Allowance for Credit Losses [Line Items] | ||||
Beginning balance | 23,024 | 21,730 | 22,785 | 21,005 |
Provision for loan losses | (228) | (343) | 328 | 377 |
Loans charged-off | (507) | (483) | (876) | (513) |
Recoveries | 71 | 18 | 123 | 53 |
Net loans charged-off | (436) | (465) | (753) | (460) |
Ending balance | 22,360 | 20,922 | 22,360 | 20,922 |
Commercial Real Estate and Multi-Family Residential Loans [Member] | ||||
Financing Receivable, Allowance for Credit Losses [Line Items] | ||||
Beginning balance | 13,804 | 15,648 | 14,153 | 18,556 |
Provision for loan losses | (283) | 329 | (621) | (59) |
Loans charged-off | (429) | (22) | (459) | (2,553) |
Recoveries | 20 | 20 | 39 | 31 |
Net loans charged-off | (409) | (2) | (420) | (2,522) |
Ending balance | 13,112 | 15,975 | 13,112 | 15,975 |
Agri-business and Agricultural Loans [Member] | ||||
Financing Receivable, Allowance for Credit Losses [Line Items] | ||||
Beginning balance | 1,627 | 1,408 | 1,790 | 1,682 |
Provision for loan losses | 248 | (10) | 81 | (289) |
Loans charged-off | 0 | 0 | 0 | 0 |
Recoveries | 6 | 6 | 10 | 11 |
Net loans charged-off | 6 | 6 | 10 | 11 |
Ending balance | 1,881 | 1,404 | 1,881 | 1,404 |
Other Commercial [Member] | ||||
Financing Receivable, Allowance for Credit Losses [Line Items] | ||||
Beginning balance | 398 | 249 | 276 | 391 |
Provision for loan losses | (40) | (15) | 204 | (157) |
Loans charged-off | 0 | 0 | (122) | 0 |
Recoveries | 0 | 0 | 0 | 0 |
Net loans charged-off | 0 | 0 | (122) | 0 |
Ending balance | 358 | 234 | 358 | 234 |
Consumer 1-4 Family Mortgage Loans [Member] | ||||
Financing Receivable, Allowance for Credit Losses [Line Items] | ||||
Beginning balance | 3,313 | 3,064 | 3,459 | 3,046 |
Provision for loan losses | 160 | 276 | 135 | 408 |
Loans charged-off | (6) | (107) | (140) | (222) |
Recoveries | 6 | 42 | 19 | 43 |
Net loans charged-off | 0 | (65) | (121) | (179) |
Ending balance | 3,473 | 3,275 | 3,473 | 3,275 |
Other Consumer [Member] | ||||
Financing Receivable, Allowance for Credit Losses [Line Items] | ||||
Beginning balance | 430 | 549 | 483 | 608 |
Provision for loan losses | (16) | (56) | (51) | (79) |
Loans charged-off | (53) | (43) | (106) | (118) |
Recoveries | 31 | 37 | 66 | 76 |
Net loans charged-off | (22) | (6) | (40) | (42) |
Ending balance | 392 | 487 | 392 | 487 |
Unallocated [Member] | ||||
Financing Receivable, Allowance for Credit Losses [Line Items] | ||||
Beginning balance | 3,081 | 3,489 | 3,316 | 3,509 |
Provision for loan losses | 159 | (181) | (76) | (201) |
Loans charged-off | 0 | 0 | 0 | 0 |
Recoveries | 0 | 0 | 0 | 0 |
Net loans charged-off | 0 | 0 | 0 | 0 |
Ending balance | $ 3,240 | $ 3,308 | $ 3,240 | $ 3,308 |
ALLOWANCE FOR LOAN LOSSES AND39
ALLOWANCE FOR LOAN LOSSES AND CREDIT QUALITY (Balance In The Allowance For Loan Losses And The Recorded Investment In Loans By Portfolio Management) (Details) - USD ($) $ in Thousands | Jun. 30, 2015 | Mar. 31, 2015 | Dec. 31, 2014 | Jun. 30, 2014 | Mar. 30, 2014 | Dec. 31, 2013 |
Ending allowance balance attributable to loans: | ||||||
Individually evaluated for impairment | $ 3,572 | $ 5,421 | ||||
Collectively evaluated for impairment | 41,244 | 40,841 | ||||
Total ending allowance balance | 44,816 | $ 45,677 | 46,262 | $ 45,605 | $ 46,137 | $ 48,797 |
Loans: | ||||||
Loans individually evaluated for impairment | 22,335 | 31,964 | ||||
Loans collectively evaluated for impairment | 2,871,127 | 2,730,356 | ||||
Total ending loans balance | 2,893,462 | 2,762,320 | ||||
Commercial and Industrial Loans [Member] | ||||||
Ending allowance balance attributable to loans: | ||||||
Individually evaluated for impairment | 2,228 | 3,306 | ||||
Collectively evaluated for impairment | 20,132 | 19,479 | ||||
Total ending allowance balance | 22,360 | 23,024 | 22,785 | 20,922 | 21,730 | 21,005 |
Loans: | ||||||
Loans individually evaluated for impairment | 7,411 | 14,702 | ||||
Loans collectively evaluated for impairment | 1,136,650 | 1,020,897 | ||||
Total ending loans balance | 1,144,061 | 1,035,599 | ||||
Commercial Real Estate and Multi-Family Residential Loans [Member] | ||||||
Ending allowance balance attributable to loans: | ||||||
Individually evaluated for impairment | 862 | 1,531 | ||||
Collectively evaluated for impairment | 12,250 | 12,622 | ||||
Total ending allowance balance | 13,112 | 13,804 | 14,153 | 15,975 | 15,648 | 18,556 |
Loans: | ||||||
Loans individually evaluated for impairment | 11,209 | 13,005 | ||||
Loans collectively evaluated for impairment | 1,039,318 | 1,011,858 | ||||
Total ending loans balance | 1,050,527 | 1,024,863 | ||||
Agri Business and Agricultural Loans [Member] | ||||||
Ending allowance balance attributable to loans: | ||||||
Individually evaluated for impairment | 0 | 14 | ||||
Collectively evaluated for impairment | 1,881 | 1,776 | ||||
Total ending allowance balance | 1,881 | 1,627 | 1,790 | 1,404 | 1,408 | 1,682 |
Loans: | ||||||
Loans individually evaluated for impairment | 477 | 486 | ||||
Loans collectively evaluated for impairment | 250,933 | 273,388 | ||||
Total ending loans balance | 251,410 | 273,874 | ||||
Other Commercial [Member] | ||||||
Ending allowance balance attributable to loans: | ||||||
Individually evaluated for impairment | 0 | 15 | ||||
Collectively evaluated for impairment | 358 | 261 | ||||
Total ending allowance balance | 358 | 398 | 276 | 234 | 249 | 391 |
Loans: | ||||||
Loans individually evaluated for impairment | 0 | 30 | ||||
Loans collectively evaluated for impairment | 82,242 | 75,684 | ||||
Total ending loans balance | 82,242 | 75,714 | ||||
Consumer 1-4 Family Mortgage Loans [Member] | ||||||
Ending allowance balance attributable to loans: | ||||||
Individually evaluated for impairment | 416 | 482 | ||||
Collectively evaluated for impairment | 3,057 | 2,977 | ||||
Total ending allowance balance | 3,473 | 3,313 | 3,459 | 3,275 | 3,064 | 3,046 |
Loans: | ||||||
Loans individually evaluated for impairment | 3,126 | 3,614 | ||||
Loans collectively evaluated for impairment | 311,370 | 299,189 | ||||
Total ending loans balance | 314,496 | 302,803 | ||||
Other Consumer [Member] | ||||||
Ending allowance balance attributable to loans: | ||||||
Individually evaluated for impairment | 66 | 73 | ||||
Collectively evaluated for impairment | 326 | 410 | ||||
Total ending allowance balance | 392 | 430 | 483 | 487 | 549 | 608 |
Loans: | ||||||
Loans individually evaluated for impairment | 112 | 127 | ||||
Loans collectively evaluated for impairment | 50,614 | 49,340 | ||||
Total ending loans balance | 50,726 | 49,467 | ||||
Unallocated [Member] | ||||||
Ending allowance balance attributable to loans: | ||||||
Individually evaluated for impairment | 0 | 0 | ||||
Collectively evaluated for impairment | 3,240 | 3,316 | ||||
Total ending allowance balance | 3,240 | $ 3,081 | 3,316 | $ 3,308 | $ 3,489 | $ 3,509 |
Loans: | ||||||
Loans individually evaluated for impairment | 0 | 0 | ||||
Loans collectively evaluated for impairment | 0 | 0 | ||||
Total ending loans balance | $ 0 | $ 0 |
ALLOWANCE FOR LOAN LOSSES AND40
ALLOWANCE FOR LOAN LOSSES AND CREDIT QUALITY (Loans Individually Evaluated For Impairment) (Details) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended | |||
Jun. 30, 2015 | Jun. 30, 2014 | Jun. 30, 2015 | Jun. 30, 2014 | Dec. 31, 2014 | |
Loans Individually Evaluated for Impairment [Abstract] | |||||
Unpaid Principal Balance | $ 27,162 | $ 27,162 | $ 36,738 | ||
Recorded Investment | 22,335 | 22,335 | 31,964 | ||
Allowance for Loan Losses Allocated | 3,572 | 3,572 | 5,421 | ||
Average Recorded Investment | 26,922 | $ 32,831 | 29,019 | $ 36,484 | |
Interest Income Recognized | 166 | 228 | 369 | 445 | |
Cash Basis Interest Income Recogonized | 180 | 221 | 381 | 442 | |
Other Commercial Loans [Member] | |||||
Loans Individually Evaluated for Impairment [Abstract] | |||||
Unpaid principal balance with no related allowance recorded | 0 | 0 | |||
Unpaid principal balance with an allowance recorded | 0 | 0 | 30 | ||
Recorded Investment with no related allowance recorded | 0 | 0 | |||
Recorded investment with an allowance recorded | 0 | 0 | 30 | ||
Allowance for loan losses allocated with no related allowance recorded | 0 | 0 | |||
Allowance for loans losses allocated with an allowance recorded | 0 | 0 | 15 | ||
Average Recorded Investment with no related allowance recorded | 0 | 0 | 0 | 0 | |
Average Recorded Investment with an allowance recorded | 0 | 0 | 5 | 0 | |
Interest Income Recognized with no related allowance recorded | 0 | 0 | 0 | 0 | |
Interest Income Recognized with an allowance recorded | 0 | 0 | 0 | 0 | |
Cash basis interest income recognized with no related allowance recorded | 0 | 0 | 0 | 0 | |
Cash basis interest income recognized with an allowance recorded | 0 | 0 | 0 | 0 | |
Other Consumer [Member] | |||||
Loans Individually Evaluated for Impairment [Abstract] | |||||
Unpaid principal balance with no related allowance recorded | 4 | 4 | 1 | ||
Unpaid principal balance with an allowance recorded | 108 | 108 | |||
Recorded Investment with no related allowance recorded | 4 | 4 | 1 | ||
Recorded investment with an allowance recorded | 108 | 108 | |||
Allowance for loan losses allocated with no related allowance recorded | 0 | 0 | 0 | ||
Allowance for loans losses allocated with an allowance recorded | 66 | 66 | |||
Average Recorded Investment with no related allowance recorded | 4 | 3 | 2 | 2 | |
Average Recorded Investment with an allowance recorded | 111 | 82 | 116 | 87 | |
Interest Income Recognized with no related allowance recorded | 0 | 0 | 0 | 0 | |
Interest Income Recognized with an allowance recorded | 1 | 0 | 2 | 0 | |
Cash basis interest income recognized with no related allowance recorded | 0 | 0 | 0 | 0 | |
Cash basis interest income recognized with an allowance recorded | 1 | 0 | 2 | 0 | |
Commercial and Industrial Loans [Member] | |||||
Loans Individually Evaluated for Impairment [Abstract] | |||||
Allowance for Loan Losses Allocated | 2,228 | 2,228 | 3,306 | ||
Commercial and Industrial Loans [Member] | Working Capital Lines Of Credit Loans [Member] | |||||
Loans Individually Evaluated for Impairment [Abstract] | |||||
Unpaid principal balance with no related allowance recorded | 21 | 21 | 21 | ||
Unpaid principal balance with an allowance recorded | 983 | 983 | 1,409 | ||
Recorded Investment with no related allowance recorded | 21 | 21 | 21 | ||
Recorded investment with an allowance recorded | 983 | 983 | 1,408 | ||
Allowance for loan losses allocated with no related allowance recorded | 0 | 0 | 0 | ||
Allowance for loans losses allocated with an allowance recorded | 433 | 433 | 837 | ||
Average Recorded Investment with no related allowance recorded | 21 | 462 | 21 | 287 | |
Average Recorded Investment with an allowance recorded | 994 | 1,549 | 1,003 | 2,000 | |
Interest Income Recognized with no related allowance recorded | 0 | 0 | 0 | 1 | |
Interest Income Recognized with an allowance recorded | 7 | 21 | 16 | 33 | |
Cash basis interest income recognized with no related allowance recorded | 0 | 1 | 0 | 1 | |
Cash basis interest income recognized with an allowance recorded | 7 | 16 | 14 | 29 | |
Commercial and Industrial Loans [Member] | Non-working Capital Loans [Member] | |||||
Loans Individually Evaluated for Impairment [Abstract] | |||||
Unpaid principal balance with no related allowance recorded | 2,519 | 2,519 | 1,673 | ||
Unpaid principal balance with an allowance recorded | 7,847 | 7,847 | 15,557 | ||
Recorded Investment with no related allowance recorded | 752 | 752 | 279 | ||
Recorded investment with an allowance recorded | 5,655 | 5,655 | 12,994 | ||
Allowance for loan losses allocated with no related allowance recorded | 0 | 0 | 0 | ||
Allowance for loans losses allocated with an allowance recorded | 1,795 | 1,795 | 2,469 | ||
Average Recorded Investment with no related allowance recorded | 767 | 124 | 565 | 62 | |
Average Recorded Investment with an allowance recorded | 9,670 | 13,898 | 11,118 | 13,840 | |
Interest Income Recognized with no related allowance recorded | 0 | 0 | 1 | 0 | |
Interest Income Recognized with an allowance recorded | 112 | 134 | 234 | 260 | |
Cash basis interest income recognized with no related allowance recorded | 0 | 0 | 1 | 0 | |
Cash basis interest income recognized with an allowance recorded | 124 | 136 | 247 | 262 | |
Commercial Real Estate and Multi-Family Residential Loans [Member] | |||||
Loans Individually Evaluated for Impairment [Abstract] | |||||
Allowance for Loan Losses Allocated | 862 | 862 | 1,531 | ||
Commercial Real Estate and Multi-Family Residential Loans [Member] | Construction and Land Development Loans [Member] | |||||
Loans Individually Evaluated for Impairment [Abstract] | |||||
Unpaid principal balance with no related allowance recorded | 0 | 0 | 526 | ||
Unpaid principal balance with an allowance recorded | 373 | 373 | 449 | ||
Recorded Investment with no related allowance recorded | 0 | 0 | 526 | ||
Recorded investment with an allowance recorded | 373 | 373 | 448 | ||
Allowance for loan losses allocated with no related allowance recorded | 0 | 0 | 0 | ||
Allowance for loans losses allocated with an allowance recorded | 58 | 58 | 107 | ||
Average Recorded Investment with no related allowance recorded | 0 | 0 | 263 | 0 | |
Average Recorded Investment with an allowance recorded | 373 | 2,695 | 411 | 2,663 | |
Interest Income Recognized with no related allowance recorded | 0 | 0 | 0 | 0 | |
Interest Income Recognized with an allowance recorded | 4 | 15 | 8 | 30 | |
Cash basis interest income recognized with no related allowance recorded | 0 | 0 | 0 | 0 | |
Cash basis interest income recognized with an allowance recorded | 5 | 16 | 9 | 31 | |
Commercial Real Estate and Multi-Family Residential Loans [Member] | Owner Occupied Loans [Member] | |||||
Loans Individually Evaluated for Impairment [Abstract] | |||||
Unpaid principal balance with no related allowance recorded | 2,737 | 2,737 | 554 | ||
Unpaid principal balance with an allowance recorded | 2,768 | 2,768 | 5,298 | ||
Recorded Investment with no related allowance recorded | 2,557 | 2,557 | 374 | ||
Recorded investment with an allowance recorded | 2,738 | 2,738 | 5,297 | ||
Allowance for loan losses allocated with no related allowance recorded | 0 | 0 | 0 | ||
Allowance for loans losses allocated with an allowance recorded | 804 | 804 | 1,213 | ||
Average Recorded Investment with no related allowance recorded | 2,865 | 168 | 1,704 | 243 | |
Average Recorded Investment with an allowance recorded | 2,753 | 1,921 | 4,201 | 2,816 | |
Interest Income Recognized with no related allowance recorded | 0 | 0 | 0 | 0 | |
Interest Income Recognized with an allowance recorded | 0 | 6 | 21 | 19 | |
Cash basis interest income recognized with no related allowance recorded | 0 | 0 | 0 | 0 | |
Cash basis interest income recognized with an allowance recorded | 0 | 0 | 22 | 14 | |
Commercial Real Estate and Multi-Family Residential Loans [Member] | Nonowner Occupied Loans [Member] | |||||
Loans Individually Evaluated for Impairment [Abstract] | |||||
Unpaid principal balance with no related allowance recorded | 5,536 | 5,536 | 3,030 | ||
Unpaid principal balance with an allowance recorded | 0 | 0 | 3,324 | ||
Recorded Investment with no related allowance recorded | 5,541 | 5,541 | 3,036 | ||
Recorded investment with an allowance recorded | 0 | 0 | 3,324 | ||
Allowance for loan losses allocated with no related allowance recorded | 0 | 0 | 0 | ||
Allowance for loans losses allocated with an allowance recorded | 0 | 0 | 211 | ||
Average Recorded Investment with no related allowance recorded | 5,590 | 344 | 4,053 | 349 | |
Average Recorded Investment with an allowance recorded | 0 | 7,218 | 1,635 | 9,526 | |
Interest Income Recognized with no related allowance recorded | 26 | 0 | 54 | 0 | |
Interest Income Recognized with an allowance recorded | 0 | 35 | 0 | 69 | |
Cash basis interest income recognized with no related allowance recorded | 27 | 0 | 56 | 0 | |
Cash basis interest income recognized with an allowance recorded | 0 | 35 | 0 | 69 | |
Commercial Real Estate and Multi-Family Residential Loans [Member] | Multifamily Loans [Member] | |||||
Loans Individually Evaluated for Impairment [Abstract] | |||||
Unpaid principal balance with no related allowance recorded | 0 | 0 | |||
Unpaid principal balance with an allowance recorded | 0 | 0 | |||
Recorded Investment with no related allowance recorded | 0 | 0 | |||
Recorded investment with an allowance recorded | 0 | 0 | |||
Allowance for loan losses allocated with no related allowance recorded | 0 | 0 | |||
Allowance for loans losses allocated with an allowance recorded | 0 | 0 | |||
Average Recorded Investment with no related allowance recorded | 0 | 0 | 0 | 0 | |
Average Recorded Investment with an allowance recorded | 0 | 0 | 0 | 0 | |
Interest Income Recognized with no related allowance recorded | 0 | 0 | 0 | 0 | |
Interest Income Recognized with an allowance recorded | 0 | 0 | 0 | 0 | |
Cash basis interest income recognized with no related allowance recorded | 0 | 0 | 0 | 0 | |
Cash basis interest income recognized with an allowance recorded | 0 | 0 | 0 | 0 | |
Agri-business and Agricultural Loans [Member] | |||||
Loans Individually Evaluated for Impairment [Abstract] | |||||
Allowance for Loan Losses Allocated | 0 | 0 | 14 | ||
Agri-business and Agricultural Loans [Member] | Loans Secured By Farmland [Member] | |||||
Loans Individually Evaluated for Impairment [Abstract] | |||||
Unpaid principal balance with no related allowance recorded | 976 | 976 | 603 | ||
Unpaid principal balance with an allowance recorded | 0 | 0 | 381 | ||
Recorded Investment with no related allowance recorded | 477 | 477 | 283 | ||
Recorded investment with an allowance recorded | 0 | 0 | 203 | ||
Allowance for loan losses allocated with no related allowance recorded | 0 | 0 | 0 | ||
Allowance for loans losses allocated with an allowance recorded | 0 | 0 | 14 | ||
Average Recorded Investment with no related allowance recorded | 479 | 0 | 381 | 196 | |
Average Recorded Investment with an allowance recorded | 0 | 616 | 100 | 559 | |
Interest Income Recognized with no related allowance recorded | 0 | 0 | 0 | 0 | |
Interest Income Recognized with an allowance recorded | 0 | 0 | 0 | 0 | |
Cash basis interest income recognized with no related allowance recorded | 0 | 0 | 0 | 0 | |
Cash basis interest income recognized with an allowance recorded | 0 | 0 | 0 | 0 | |
Agri-business and Agricultural Loans [Member] | Loans For Agricultural Production [Member] | |||||
Loans Individually Evaluated for Impairment [Abstract] | |||||
Unpaid principal balance with no related allowance recorded | 0 | 0 | |||
Unpaid principal balance with an allowance recorded | 0 | 0 | |||
Recorded Investment with no related allowance recorded | 0 | 0 | |||
Recorded investment with an allowance recorded | 0 | 0 | |||
Allowance for loan losses allocated with no related allowance recorded | 0 | 0 | |||
Allowance for loans losses allocated with an allowance recorded | 0 | 0 | |||
Average Recorded Investment with no related allowance recorded | 0 | 0 | 0 | 0 | |
Average Recorded Investment with an allowance recorded | 0 | 0 | 0 | 0 | |
Interest Income Recognized with no related allowance recorded | 0 | 0 | 0 | 0 | |
Interest Income Recognized with an allowance recorded | 0 | 0 | 0 | 0 | |
Cash basis interest income recognized with no related allowance recorded | 0 | 0 | 0 | 0 | |
Cash basis interest income recognized with an allowance recorded | 0 | 0 | 0 | 0 | |
Consumer 1-4 Family Mortgage Loans [Member] | |||||
Loans Individually Evaluated for Impairment [Abstract] | |||||
Allowance for Loan Losses Allocated | 416 | 416 | 482 | ||
Consumer 1-4 Family Mortgage Loans [Member] | Closed End First Mortgage Loans [Member] | |||||
Loans Individually Evaluated for Impairment [Abstract] | |||||
Unpaid principal balance with no related allowance recorded | 403 | 403 | 724 | ||
Unpaid principal balance with an allowance recorded | 2,721 | 2,721 | 2,505 | ||
Recorded Investment with no related allowance recorded | 338 | 338 | 712 | ||
Recorded investment with an allowance recorded | 2,622 | 2,622 | 2,375 | ||
Allowance for loan losses allocated with no related allowance recorded | 0 | 0 | 0 | ||
Allowance for loans losses allocated with an allowance recorded | 413 | 413 | 474 | ||
Average Recorded Investment with no related allowance recorded | 329 | 688 | 244 | 689 | |
Average Recorded Investment with an allowance recorded | 2,687 | 2,736 | 2,850 | 2,835 | |
Interest Income Recognized with no related allowance recorded | 0 | 0 | 0 | 0 | |
Interest Income Recognized with an allowance recorded | 16 | 17 | 33 | 33 | |
Cash basis interest income recognized with no related allowance recorded | 0 | 0 | 0 | 0 | |
Cash basis interest income recognized with an allowance recorded | 16 | 17 | 30 | 36 | |
Consumer 1-4 Family Mortgage Loans [Member] | Open End and Junior Lien Loans [Member] | |||||
Loans Individually Evaluated for Impairment [Abstract] | |||||
Unpaid principal balance with no related allowance recorded | 132 | 132 | 317 | ||
Unpaid principal balance with an allowance recorded | 34 | 34 | 81 | ||
Recorded Investment with no related allowance recorded | 132 | 132 | 317 | ||
Recorded investment with an allowance recorded | 34 | 34 | 81 | ||
Allowance for loan losses allocated with no related allowance recorded | 0 | 0 | 0 | ||
Allowance for loans losses allocated with an allowance recorded | 3 | 3 | 8 | ||
Average Recorded Investment with no related allowance recorded | 245 | 157 | 292 | 113 | |
Average Recorded Investment with an allowance recorded | 34 | 29 | 34 | 73 | |
Interest Income Recognized with no related allowance recorded | 0 | 0 | 0 | 0 | |
Interest Income Recognized with an allowance recorded | 0 | 0 | 0 | 0 | |
Cash basis interest income recognized with no related allowance recorded | 0 | 0 | 0 | 0 | |
Cash basis interest income recognized with an allowance recorded | 0 | 0 | 0 | 0 | |
Consumer 1-4 Family Mortgage Loans [Member] | Residential constructions loans [Member] | |||||
Loans Individually Evaluated for Impairment [Abstract] | |||||
Unpaid principal balance with no related allowance recorded | 0 | 0 | 129 | ||
Unpaid principal balance with an allowance recorded | 0 | 0 | |||
Recorded Investment with no related allowance recorded | 0 | 0 | 129 | ||
Recorded investment with an allowance recorded | 0 | 0 | |||
Allowance for loan losses allocated with no related allowance recorded | 0 | 0 | $ 0 | ||
Allowance for loans losses allocated with an allowance recorded | 0 | 0 | |||
Average Recorded Investment with no related allowance recorded | 0 | 141 | 21 | 144 | |
Average Recorded Investment with an allowance recorded | 0 | 0 | 0 | 0 | |
Interest Income Recognized with no related allowance recorded | 0 | 0 | 0 | 0 | |
Interest Income Recognized with an allowance recorded | 0 | 0 | 0 | 0 | |
Cash basis interest income recognized with no related allowance recorded | 0 | 0 | 0 | 0 | |
Cash basis interest income recognized with an allowance recorded | $ 0 | $ 0 | $ 0 | $ 0 |
ALLOWANCE FOR LOAN LOSSES AND41
ALLOWANCE FOR LOAN LOSSES AND CREDIT QUALITY (Aging Of The Recorded Investment In Past Due Loans) (Details) - USD ($) $ in Thousands | Jun. 30, 2015 | Dec. 31, 2014 |
Financing Receivable, Recorded Investment, Aging [Abstract] | ||
Loans Not Past Due | $ 2,874,501 | $ 2,746,240 |
30 to 89 Days Past Due | 4,586 | 2,372 |
Nonaccrual | 14,091 | 13,578 |
Total Past Due | 18,961 | 16,080 |
Total | 2,893,462 | 2,762,320 |
Greater than 90 Days Past Due [Member] | ||
Financing Receivable, Recorded Investment, Aging [Abstract] | ||
Total Past Due | 284 | 130 |
Other Commercial Loans [Member] | ||
Financing Receivable, Recorded Investment, Aging [Abstract] | ||
Loans Not Past Due | 82,242 | 75,684 |
30 to 89 Days Past Due | 0 | 0 |
Nonaccrual | 0 | 30 |
Total Past Due | 0 | 30 |
Total | 82,242 | 75,714 |
Other Commercial Loans [Member] | Greater than 90 Days Past Due [Member] | ||
Financing Receivable, Recorded Investment, Aging [Abstract] | ||
Total Past Due | 0 | 0 |
Other consumer loans [Member] | ||
Financing Receivable, Recorded Investment, Aging [Abstract] | ||
Loans Not Past Due | 50,569 | 49,308 |
30 to 89 Days Past Due | 117 | 108 |
Nonaccrual | 40 | 51 |
Total Past Due | 157 | 159 |
Total | 50,726 | 49,467 |
Other consumer loans [Member] | Greater than 90 Days Past Due [Member] | ||
Financing Receivable, Recorded Investment, Aging [Abstract] | ||
Total Past Due | 0 | 0 |
Commercial and Industrial Loans [Member] | ||
Financing Receivable, Recorded Investment, Aging [Abstract] | ||
Total | 1,144,061 | 1,035,599 |
Commercial and Industrial Loans [Member] | Working Capital Lines Of Credit Loans [Member] | ||
Financing Receivable, Recorded Investment, Aging [Abstract] | ||
Loans Not Past Due | 605,190 | 543,613 |
30 to 89 Days Past Due | 40 | 0 |
Nonaccrual | 580 | 632 |
Total Past Due | 620 | 632 |
Total | 605,810 | 544,245 |
Commercial and Industrial Loans [Member] | Working Capital Lines Of Credit Loans [Member] | Greater than 90 Days Past Due [Member] | ||
Financing Receivable, Recorded Investment, Aging [Abstract] | ||
Total Past Due | 0 | 0 |
Commercial and Industrial Loans [Member] | Non-working Capital Loans [Member] | ||
Financing Receivable, Recorded Investment, Aging [Abstract] | ||
Loans Not Past Due | 534,829 | 487,655 |
30 to 89 Days Past Due | 127 | 0 |
Nonaccrual | 3,020 | 3,598 |
Total Past Due | 3,422 | 3,699 |
Total | 538,251 | 491,354 |
Commercial and Industrial Loans [Member] | Non-working Capital Loans [Member] | Greater than 90 Days Past Due [Member] | ||
Financing Receivable, Recorded Investment, Aging [Abstract] | ||
Total Past Due | 275 | 101 |
Commercial Real Estate and Multi-Family Residential Loans [Member] | ||
Financing Receivable, Recorded Investment, Aging [Abstract] | ||
Total | 1,050,527 | 1,024,863 |
Commercial Real Estate and Multi-Family Residential Loans [Member] | Construction and Land Development Loans [Member] | ||
Financing Receivable, Recorded Investment, Aging [Abstract] | ||
Loans Not Past Due | 151,936 | 155,711 |
30 to 89 Days Past Due | 0 | 0 |
Nonaccrual | 0 | 526 |
Total Past Due | 0 | 526 |
Total | 151,936 | 156,237 |
Commercial Real Estate and Multi-Family Residential Loans [Member] | Construction and Land Development Loans [Member] | Greater than 90 Days Past Due [Member] | ||
Financing Receivable, Recorded Investment, Aging [Abstract] | ||
Total Past Due | 0 | 0 |
Commercial Real Estate and Multi-Family Residential Loans [Member] | Owner Occupied Loans [Member] | ||
Financing Receivable, Recorded Investment, Aging [Abstract] | ||
Loans Not Past Due | 401,579 | 399,028 |
30 to 89 Days Past Due | 2,439 | 800 |
Nonaccrual | 5,295 | 3,049 |
Total Past Due | 7,734 | 3,849 |
Total | 409,313 | 402,877 |
Commercial Real Estate and Multi-Family Residential Loans [Member] | Owner Occupied Loans [Member] | Greater than 90 Days Past Due [Member] | ||
Financing Receivable, Recorded Investment, Aging [Abstract] | ||
Total Past Due | 0 | 0 |
Commercial Real Estate and Multi-Family Residential Loans [Member] | Nonowner Occupied Loans [Member] | ||
Financing Receivable, Recorded Investment, Aging [Abstract] | ||
Loans Not Past Due | 395,575 | 390,394 |
30 to 89 Days Past Due | 269 | 31 |
Nonaccrual | 3,359 | 3,629 |
Total Past Due | 3,628 | 3,660 |
Total | 399,203 | 394,054 |
Commercial Real Estate and Multi-Family Residential Loans [Member] | Nonowner Occupied Loans [Member] | Greater than 90 Days Past Due [Member] | ||
Financing Receivable, Recorded Investment, Aging [Abstract] | ||
Total Past Due | 0 | 0 |
Commercial Real Estate and Multi-Family Residential Loans [Member] | Multifamily Loans [Member] | ||
Financing Receivable, Recorded Investment, Aging [Abstract] | ||
Loans Not Past Due | 90,075 | 71,695 |
30 to 89 Days Past Due | 0 | 0 |
Nonaccrual | 0 | 0 |
Total Past Due | 0 | 0 |
Total | 90,075 | 71,695 |
Commercial Real Estate and Multi-Family Residential Loans [Member] | Multifamily Loans [Member] | Greater than 90 Days Past Due [Member] | ||
Financing Receivable, Recorded Investment, Aging [Abstract] | ||
Total Past Due | 0 | 0 |
Agri-business and Agricultural Loans [Member] | ||
Financing Receivable, Recorded Investment, Aging [Abstract] | ||
Total | 251,410 | 273,874 |
Agri-business and Agricultural Loans [Member] | Loans Secured By Farmland [Member] | ||
Financing Receivable, Recorded Investment, Aging [Abstract] | ||
Loans Not Past Due | 155,526 | 136,923 |
30 to 89 Days Past Due | 0 | 0 |
Nonaccrual | 477 | 485 |
Total Past Due | 477 | 485 |
Total | 156,003 | 137,408 |
Agri-business and Agricultural Loans [Member] | Loans Secured By Farmland [Member] | Greater than 90 Days Past Due [Member] | ||
Financing Receivable, Recorded Investment, Aging [Abstract] | ||
Total Past Due | 0 | 0 |
Agri-business and Agricultural Loans [Member] | Loans For Agricultural Production [Member] | ||
Financing Receivable, Recorded Investment, Aging [Abstract] | ||
Loans Not Past Due | 95,407 | 136,466 |
30 to 89 Days Past Due | 0 | 0 |
Nonaccrual | 0 | 0 |
Total Past Due | 0 | 0 |
Total | 95,407 | 136,466 |
Agri-business and Agricultural Loans [Member] | Loans For Agricultural Production [Member] | Greater than 90 Days Past Due [Member] | ||
Financing Receivable, Recorded Investment, Aging [Abstract] | ||
Total Past Due | 0 | 0 |
Consumer 1-4 Family Mortgage Loans [Member] | ||
Financing Receivable, Recorded Investment, Aging [Abstract] | ||
Total | 314,496 | 302,803 |
Consumer 1-4 Family Mortgage Loans [Member] | Closed End First Mortgage Loans [Member] | ||
Financing Receivable, Recorded Investment, Aging [Abstract] | ||
Loans Not Past Due | 146,031 | 142,615 |
30 to 89 Days Past Due | 1,508 | 1,198 |
Nonaccrual | 1,154 | 1,051 |
Total Past Due | 2,671 | 2,269 |
Total | 148,702 | 144,884 |
Consumer 1-4 Family Mortgage Loans [Member] | Closed End First Mortgage Loans [Member] | Greater than 90 Days Past Due [Member] | ||
Financing Receivable, Recorded Investment, Aging [Abstract] | ||
Total Past Due | 9 | 20 |
Consumer 1-4 Family Mortgage Loans [Member] | Open End and Junior Lien Loans [Member] | ||
Financing Receivable, Recorded Investment, Aging [Abstract] | ||
Loans Not Past Due | 156,736 | 150,551 |
30 to 89 Days Past Due | 86 | 235 |
Nonaccrual | 166 | 398 |
Total Past Due | 252 | 642 |
Total | 156,988 | 151,193 |
Consumer 1-4 Family Mortgage Loans [Member] | Open End and Junior Lien Loans [Member] | Greater than 90 Days Past Due [Member] | ||
Financing Receivable, Recorded Investment, Aging [Abstract] | ||
Total Past Due | 0 | 9 |
Consumer 1-4 Family Mortgage Loans [Member] | Residential Construction Loans [Member] | ||
Financing Receivable, Recorded Investment, Aging [Abstract] | ||
Loans Not Past Due | 8,806 | 6,597 |
30 to 89 Days Past Due | 0 | 0 |
Nonaccrual | 0 | 129 |
Total Past Due | 0 | 129 |
Total | 8,806 | 6,726 |
Consumer 1-4 Family Mortgage Loans [Member] | Residential Construction Loans [Member] | Greater than 90 Days Past Due [Member] | ||
Financing Receivable, Recorded Investment, Aging [Abstract] | ||
Total Past Due | $ 0 | $ 0 |
ALLOWANCE FOR LOAN LOSSES AND42
ALLOWANCE FOR LOAN LOSSES AND CREDIT QUALITY (Troubled Debt Restructuring) (Details) - USD ($) $ in Thousands | Jun. 30, 2015 | Dec. 31, 2014 |
Troubled Debt Restructuring [Abstract] | ||
Accruing troubled debt restructured loans | $ 7,606 | $ 16,492 |
Nonaccrual troubled debt restructured loans | 11,177 | 9,161 |
Total troubled debt restructured loans | $ 18,783 | $ 25,653 |
ALLOWANCE FOR LOAN LOSSES AND43
ALLOWANCE FOR LOAN LOSSES AND CREDIT QUALITY (Loans By Class Modified As Troubled Debt Restructuring) (Details) $ in Thousands | 3 Months Ended | 6 Months Ended | |
Jun. 30, 2015USD ($) | Jun. 30, 2015USD ($) | Jun. 30, 2014USD ($) | |
Modified Repayment Terms [Member] | |||
Troubled Debt Restructurings Modified During Period [Abstract] | |||
Number of Loans | 2 | 2 | 2 |
Modified Repayment Terms [Member] | Minimum [Member] | |||
Troubled Debt Restructurings Modified During Period [Abstract] | |||
Extension period for modified repayment terms | 6 months | 6 months | |
Modified Repayment Terms [Member] | Maximum [Member] | |||
Troubled Debt Restructurings Modified During Period [Abstract] | |||
Extension period for modified repayment terms | 12 months | 12 months | |
All Modifications [Member] | |||
Troubled Debt Restructurings Modified During Period [Abstract] | |||
Number of Loans | 4 | 5 | 3 |
Pre-Modification Outstanding Recorded Investment | $ 1,414 | $ 2,202 | $ 591 |
Post-Modification Outstanding Recorded Investment | $ 1,414 | $ 2,202 | $ 592 |
Commercial and Industrial Loans [Member] | Minimum [Member] | |||
Troubled Debt Restructurings Modified During Period [Abstract] | |||
Extension period for modified repayment terms | 12 months | ||
Commercial and Industrial Loans [Member] | Maximum [Member] | |||
Troubled Debt Restructurings Modified During Period [Abstract] | |||
Extension period for modified repayment terms | 15 months | ||
Commercial and Industrial Loans [Member] | Working Capital Lines Of Credit Loans [Member] | All Modifications [Member] | |||
Troubled Debt Restructurings Modified During Period [Abstract] | |||
Number of Loans | 2 | 2 | |
Pre-Modification Outstanding Recorded Investment | $ 564 | $ 564 | |
Post-Modification Outstanding Recorded Investment | $ 564 | $ 564 | |
Commercial and Industrial Loans [Member] | Non Working Capital Loans [Member] | Minimum [Member] | |||
Troubled Debt Restructurings Modified During Period [Abstract] | |||
Extension period for modified repayment terms | 12 months | ||
Commercial and Industrial Loans [Member] | Non Working Capital Loans [Member] | Maximum [Member] | |||
Troubled Debt Restructurings Modified During Period [Abstract] | |||
Extension period for modified repayment terms | 15 months | ||
Commercial and Industrial Loans [Member] | Non Working Capital Loans [Member] | Modified Repayment Terms [Member] | |||
Troubled Debt Restructurings Modified During Period [Abstract] | |||
Number of Loans | 1 | 1 | 2 |
Extension period for modified repayment terms | 12 months | 12 months | |
Commercial and Industrial Loans [Member] | Non Working Capital Loans [Member] | All Modifications [Member] | |||
Troubled Debt Restructurings Modified During Period [Abstract] | |||
Number of Loans | 1 | 1 | 2 |
Pre-Modification Outstanding Recorded Investment | $ 783 | $ 783 | $ 433 |
Post-Modification Outstanding Recorded Investment | $ 783 | $ 783 | $ 433 |
Commercial Real Estate and Multi-Family Residential Loans [Member] | Owner Occupied Loans [Member] | Modified Repayment Terms [Member] | |||
Troubled Debt Restructurings Modified During Period [Abstract] | |||
Number of Loans | 1 | 1 | |
Extension period for modified repayment terms | 6 months | 6 months | |
Commercial Real Estate and Multi-Family Residential Loans [Member] | Owner Occupied Loans [Member] | All Modifications [Member] | |||
Troubled Debt Restructurings Modified During Period [Abstract] | |||
Number of Loans | 1 | 2 | 1 |
Pre-Modification Outstanding Recorded Investment | $ 67 | $ 855 | $ 158 |
Post-Modification Outstanding Recorded Investment | $ 67 | $ 855 | $ 159 |
ALLOWANCE FOR LOAN LOSSES AND44
ALLOWANCE FOR LOAN LOSSES AND CREDIT QUALITY (Credit Quality Indicators) (Details) - USD ($) $ in Thousands | Jun. 30, 2015 | Dec. 31, 2014 |
Financing Receivable, Recorded Investment [Line Items] | ||
Total ending loans balance | $ 2,893,462 | $ 2,762,320 |
Other Commercial Loans [Member] | ||
Financing Receivable, Recorded Investment [Line Items] | ||
Total ending loans balance | 82,242 | 75,714 |
Other Consumer loans [Member] | ||
Financing Receivable, Recorded Investment [Line Items] | ||
Total ending loans balance | 50,726 | 49,467 |
Commercial and Industrial Loans [Member] | ||
Financing Receivable, Recorded Investment [Line Items] | ||
Total ending loans balance | 1,144,061 | 1,035,599 |
Commercial and Industrial Loans [Member] | Working Capital Lines of Credit Loans [Member] | ||
Financing Receivable, Recorded Investment [Line Items] | ||
Total ending loans balance | 605,810 | 544,245 |
Commercial and Industrial Loans [Member] | Non-working Capital Loans [Member] | ||
Financing Receivable, Recorded Investment [Line Items] | ||
Total ending loans balance | 538,251 | 491,354 |
Commercial Real Estate and Multi-family Residential Loans [Member] | ||
Financing Receivable, Recorded Investment [Line Items] | ||
Total ending loans balance | 1,050,527 | 1,024,863 |
Commercial Real Estate and Multi-family Residential Loans [Member] | Construction and Land Development Loans [Member] | ||
Financing Receivable, Recorded Investment [Line Items] | ||
Total ending loans balance | 151,936 | 156,237 |
Commercial Real Estate and Multi-family Residential Loans [Member] | Owner Occupied Loans [Member] | ||
Financing Receivable, Recorded Investment [Line Items] | ||
Total ending loans balance | 409,313 | 402,877 |
Commercial Real Estate and Multi-family Residential Loans [Member] | Nonowner Occupied Loans [Member] | ||
Financing Receivable, Recorded Investment [Line Items] | ||
Total ending loans balance | 399,203 | 394,054 |
Commercial Real Estate and Multi-family Residential Loans [Member] | Multifamily Loans [Member] | ||
Financing Receivable, Recorded Investment [Line Items] | ||
Total ending loans balance | 90,075 | 71,695 |
Agri-business and Agricultural Loans [Member] | ||
Financing Receivable, Recorded Investment [Line Items] | ||
Total ending loans balance | 251,410 | 273,874 |
Agri-business and Agricultural Loans [Member] | Loans Secured By Farmland [Member] | ||
Financing Receivable, Recorded Investment [Line Items] | ||
Total ending loans balance | 156,003 | 137,408 |
Agri-business and Agricultural Loans [Member] | Loans For Agricultural Production [Member] | ||
Financing Receivable, Recorded Investment [Line Items] | ||
Total ending loans balance | 95,407 | 136,466 |
Consumer 1-4 Family Mortgage Loans [Member] | ||
Financing Receivable, Recorded Investment [Line Items] | ||
Total ending loans balance | 314,496 | 302,803 |
Consumer 1-4 Family Mortgage Loans [Member] | Closed End First Mortgage Loans [Member] | ||
Financing Receivable, Recorded Investment [Line Items] | ||
Total ending loans balance | 148,702 | 144,884 |
Consumer 1-4 Family Mortgage Loans [Member] | Open End And Junior Lien Loans [Member] | ||
Financing Receivable, Recorded Investment [Line Items] | ||
Total ending loans balance | 156,988 | 151,193 |
Consumer 1-4 Family Mortgage Loans [Member] | Residential Construction and Land Development Loans [Member] | ||
Financing Receivable, Recorded Investment [Line Items] | ||
Total ending loans balance | 8,806 | 6,726 |
Pass [Member] | ||
Financing Receivable, Recorded Investment [Line Items] | ||
Total ending loans balance | 2,445,775 | 2,321,404 |
Pass [Member] | Other Commercial Loans [Member] | ||
Financing Receivable, Recorded Investment [Line Items] | ||
Total ending loans balance | 82,238 | 75,680 |
Pass [Member] | Other Consumer loans [Member] | ||
Financing Receivable, Recorded Investment [Line Items] | ||
Total ending loans balance | 16,572 | 15,879 |
Pass [Member] | Commercial and Industrial Loans [Member] | Working Capital Lines of Credit Loans [Member] | ||
Financing Receivable, Recorded Investment [Line Items] | ||
Total ending loans balance | 563,337 | 504,806 |
Pass [Member] | Commercial and Industrial Loans [Member] | Non-working Capital Loans [Member] | ||
Financing Receivable, Recorded Investment [Line Items] | ||
Total ending loans balance | 488,192 | 436,735 |
Pass [Member] | Commercial Real Estate and Multi-family Residential Loans [Member] | Construction and Land Development Loans [Member] | ||
Financing Receivable, Recorded Investment [Line Items] | ||
Total ending loans balance | 148,079 | 150,442 |
Pass [Member] | Commercial Real Estate and Multi-family Residential Loans [Member] | Owner Occupied Loans [Member] | ||
Financing Receivable, Recorded Investment [Line Items] | ||
Total ending loans balance | 375,025 | 369,520 |
Pass [Member] | Commercial Real Estate and Multi-family Residential Loans [Member] | Nonowner Occupied Loans [Member] | ||
Financing Receivable, Recorded Investment [Line Items] | ||
Total ending loans balance | 381,942 | 375,702 |
Pass [Member] | Commercial Real Estate and Multi-family Residential Loans [Member] | Multifamily Loans [Member] | ||
Financing Receivable, Recorded Investment [Line Items] | ||
Total ending loans balance | 90,075 | 71,695 |
Pass [Member] | Agri-business and Agricultural Loans [Member] | Loans Secured By Farmland [Member] | ||
Financing Receivable, Recorded Investment [Line Items] | ||
Total ending loans balance | 155,526 | 136,923 |
Pass [Member] | Agri-business and Agricultural Loans [Member] | Loans For Agricultural Production [Member] | ||
Financing Receivable, Recorded Investment [Line Items] | ||
Total ending loans balance | 95,407 | 136,466 |
Pass [Member] | Consumer 1-4 Family Mortgage Loans [Member] | Closed End First Mortgage Loans [Member] | ||
Financing Receivable, Recorded Investment [Line Items] | ||
Total ending loans balance | 40,008 | 39,156 |
Pass [Member] | Consumer 1-4 Family Mortgage Loans [Member] | Open End And Junior Lien Loans [Member] | ||
Financing Receivable, Recorded Investment [Line Items] | ||
Total ending loans balance | 9,374 | 8,400 |
Pass [Member] | Consumer 1-4 Family Mortgage Loans [Member] | Residential Construction and Land Development Loans [Member] | ||
Financing Receivable, Recorded Investment [Line Items] | ||
Total ending loans balance | 0 | 0 |
Special Mention [Member] | ||
Financing Receivable, Recorded Investment [Line Items] | ||
Total ending loans balance | 110,206 | 95,352 |
Special Mention [Member] | Other Commercial Loans [Member] | ||
Financing Receivable, Recorded Investment [Line Items] | ||
Total ending loans balance | 0 | 0 |
Special Mention [Member] | Other Consumer loans [Member] | ||
Financing Receivable, Recorded Investment [Line Items] | ||
Total ending loans balance | 0 | 290 |
Special Mention [Member] | Commercial and Industrial Loans [Member] | Working Capital Lines of Credit Loans [Member] | ||
Financing Receivable, Recorded Investment [Line Items] | ||
Total ending loans balance | 36,003 | 28,485 |
Special Mention [Member] | Commercial and Industrial Loans [Member] | Non-working Capital Loans [Member] | ||
Financing Receivable, Recorded Investment [Line Items] | ||
Total ending loans balance | 36,406 | 31,781 |
Special Mention [Member] | Commercial Real Estate and Multi-family Residential Loans [Member] | Construction and Land Development Loans [Member] | ||
Financing Receivable, Recorded Investment [Line Items] | ||
Total ending loans balance | 1,272 | 1,033 |
Special Mention [Member] | Commercial Real Estate and Multi-family Residential Loans [Member] | Owner Occupied Loans [Member] | ||
Financing Receivable, Recorded Investment [Line Items] | ||
Total ending loans balance | 24,646 | 20,960 |
Special Mention [Member] | Commercial Real Estate and Multi-family Residential Loans [Member] | Nonowner Occupied Loans [Member] | ||
Financing Receivable, Recorded Investment [Line Items] | ||
Total ending loans balance | 11,753 | 12,512 |
Special Mention [Member] | Commercial Real Estate and Multi-family Residential Loans [Member] | Multifamily Loans [Member] | ||
Financing Receivable, Recorded Investment [Line Items] | ||
Total ending loans balance | 0 | 0 |
Special Mention [Member] | Agri-business and Agricultural Loans [Member] | Loans Secured By Farmland [Member] | ||
Financing Receivable, Recorded Investment [Line Items] | ||
Total ending loans balance | 0 | 0 |
Special Mention [Member] | Agri-business and Agricultural Loans [Member] | Loans For Agricultural Production [Member] | ||
Financing Receivable, Recorded Investment [Line Items] | ||
Total ending loans balance | 0 | 0 |
Special Mention [Member] | Consumer 1-4 Family Mortgage Loans [Member] | Closed End First Mortgage Loans [Member] | ||
Financing Receivable, Recorded Investment [Line Items] | ||
Total ending loans balance | 126 | 0 |
Special Mention [Member] | Consumer 1-4 Family Mortgage Loans [Member] | Open End And Junior Lien Loans [Member] | ||
Financing Receivable, Recorded Investment [Line Items] | ||
Total ending loans balance | 0 | 291 |
Special Mention [Member] | Consumer 1-4 Family Mortgage Loans [Member] | Residential Construction and Land Development Loans [Member] | ||
Financing Receivable, Recorded Investment [Line Items] | ||
Total ending loans balance | 0 | 0 |
Substandard [Member] | ||
Financing Receivable, Recorded Investment [Line Items] | ||
Total ending loans balance | 39,393 | 58,470 |
Substandard [Member] | Other Commercial Loans [Member] | ||
Financing Receivable, Recorded Investment [Line Items] | ||
Total ending loans balance | 0 | 30 |
Substandard [Member] | Other Consumer loans [Member] | ||
Financing Receivable, Recorded Investment [Line Items] | ||
Total ending loans balance | 72 | 75 |
Substandard [Member] | Commercial and Industrial Loans [Member] | Working Capital Lines of Credit Loans [Member] | ||
Financing Receivable, Recorded Investment [Line Items] | ||
Total ending loans balance | 6,470 | 10,343 |
Substandard [Member] | Commercial and Industrial Loans [Member] | Non-working Capital Loans [Member] | ||
Financing Receivable, Recorded Investment [Line Items] | ||
Total ending loans balance | 10,783 | 20,324 |
Substandard [Member] | Commercial Real Estate and Multi-family Residential Loans [Member] | Construction and Land Development Loans [Member] | ||
Financing Receivable, Recorded Investment [Line Items] | ||
Total ending loans balance | 2,585 | 4,762 |
Substandard [Member] | Commercial Real Estate and Multi-family Residential Loans [Member] | Owner Occupied Loans [Member] | ||
Financing Receivable, Recorded Investment [Line Items] | ||
Total ending loans balance | 9,642 | 12,397 |
Substandard [Member] | Commercial Real Estate and Multi-family Residential Loans [Member] | Nonowner Occupied Loans [Member] | ||
Financing Receivable, Recorded Investment [Line Items] | ||
Total ending loans balance | 5,508 | 5,840 |
Substandard [Member] | Commercial Real Estate and Multi-family Residential Loans [Member] | Multifamily Loans [Member] | ||
Financing Receivable, Recorded Investment [Line Items] | ||
Total ending loans balance | 0 | 0 |
Substandard [Member] | Agri-business and Agricultural Loans [Member] | Loans Secured By Farmland [Member] | ||
Financing Receivable, Recorded Investment [Line Items] | ||
Total ending loans balance | 477 | 485 |
Substandard [Member] | Agri-business and Agricultural Loans [Member] | Loans For Agricultural Production [Member] | ||
Financing Receivable, Recorded Investment [Line Items] | ||
Total ending loans balance | 0 | 0 |
Substandard [Member] | Consumer 1-4 Family Mortgage Loans [Member] | Closed End First Mortgage Loans [Member] | ||
Financing Receivable, Recorded Investment [Line Items] | ||
Total ending loans balance | 1,841 | 2,199 |
Substandard [Member] | Consumer 1-4 Family Mortgage Loans [Member] | Open End And Junior Lien Loans [Member] | ||
Financing Receivable, Recorded Investment [Line Items] | ||
Total ending loans balance | 2,015 | 2,015 |
Substandard [Member] | Consumer 1-4 Family Mortgage Loans [Member] | Residential Construction and Land Development Loans [Member] | ||
Financing Receivable, Recorded Investment [Line Items] | ||
Total ending loans balance | 0 | 0 |
Doubtful [Member] | ||
Financing Receivable, Recorded Investment [Line Items] | ||
Total ending loans balance | 0 | 611 |
Doubtful [Member] | Other Commercial Loans [Member] | ||
Financing Receivable, Recorded Investment [Line Items] | ||
Total ending loans balance | 0 | 0 |
Doubtful [Member] | Other Consumer loans [Member] | ||
Financing Receivable, Recorded Investment [Line Items] | ||
Total ending loans balance | 0 | 0 |
Doubtful [Member] | Commercial and Industrial Loans [Member] | Working Capital Lines of Credit Loans [Member] | ||
Financing Receivable, Recorded Investment [Line Items] | ||
Total ending loans balance | 0 | 611 |
Doubtful [Member] | Commercial and Industrial Loans [Member] | Non-working Capital Loans [Member] | ||
Financing Receivable, Recorded Investment [Line Items] | ||
Total ending loans balance | 0 | 0 |
Doubtful [Member] | Commercial Real Estate and Multi-family Residential Loans [Member] | Construction and Land Development Loans [Member] | ||
Financing Receivable, Recorded Investment [Line Items] | ||
Total ending loans balance | 0 | 0 |
Doubtful [Member] | Commercial Real Estate and Multi-family Residential Loans [Member] | Owner Occupied Loans [Member] | ||
Financing Receivable, Recorded Investment [Line Items] | ||
Total ending loans balance | 0 | 0 |
Doubtful [Member] | Commercial Real Estate and Multi-family Residential Loans [Member] | Nonowner Occupied Loans [Member] | ||
Financing Receivable, Recorded Investment [Line Items] | ||
Total ending loans balance | 0 | 0 |
Doubtful [Member] | Commercial Real Estate and Multi-family Residential Loans [Member] | Multifamily Loans [Member] | ||
Financing Receivable, Recorded Investment [Line Items] | ||
Total ending loans balance | 0 | 0 |
Doubtful [Member] | Agri-business and Agricultural Loans [Member] | Loans Secured By Farmland [Member] | ||
Financing Receivable, Recorded Investment [Line Items] | ||
Total ending loans balance | 0 | 0 |
Doubtful [Member] | Agri-business and Agricultural Loans [Member] | Loans For Agricultural Production [Member] | ||
Financing Receivable, Recorded Investment [Line Items] | ||
Total ending loans balance | 0 | 0 |
Doubtful [Member] | Consumer 1-4 Family Mortgage Loans [Member] | Closed End First Mortgage Loans [Member] | ||
Financing Receivable, Recorded Investment [Line Items] | ||
Total ending loans balance | 0 | 0 |
Doubtful [Member] | Consumer 1-4 Family Mortgage Loans [Member] | Open End And Junior Lien Loans [Member] | ||
Financing Receivable, Recorded Investment [Line Items] | ||
Total ending loans balance | 0 | 0 |
Doubtful [Member] | Consumer 1-4 Family Mortgage Loans [Member] | Residential Construction and Land Development Loans [Member] | ||
Financing Receivable, Recorded Investment [Line Items] | ||
Total ending loans balance | 0 | 0 |
Not Rated [Member] | ||
Financing Receivable, Recorded Investment [Line Items] | ||
Total ending loans balance | 298,088 | 286,483 |
Not Rated [Member] | Other Commercial Loans [Member] | ||
Financing Receivable, Recorded Investment [Line Items] | ||
Total ending loans balance | 4 | 4 |
Not Rated [Member] | Other Consumer loans [Member] | ||
Financing Receivable, Recorded Investment [Line Items] | ||
Total ending loans balance | 34,082 | 33,223 |
Not Rated [Member] | Commercial and Industrial Loans [Member] | Working Capital Lines of Credit Loans [Member] | ||
Financing Receivable, Recorded Investment [Line Items] | ||
Total ending loans balance | 0 | 0 |
Not Rated [Member] | Commercial and Industrial Loans [Member] | Non-working Capital Loans [Member] | ||
Financing Receivable, Recorded Investment [Line Items] | ||
Total ending loans balance | 2,870 | 2,514 |
Not Rated [Member] | Commercial Real Estate and Multi-family Residential Loans [Member] | Construction and Land Development Loans [Member] | ||
Financing Receivable, Recorded Investment [Line Items] | ||
Total ending loans balance | 0 | 0 |
Not Rated [Member] | Commercial Real Estate and Multi-family Residential Loans [Member] | Owner Occupied Loans [Member] | ||
Financing Receivable, Recorded Investment [Line Items] | ||
Total ending loans balance | 0 | 0 |
Not Rated [Member] | Commercial Real Estate and Multi-family Residential Loans [Member] | Nonowner Occupied Loans [Member] | ||
Financing Receivable, Recorded Investment [Line Items] | ||
Total ending loans balance | 0 | 0 |
Not Rated [Member] | Commercial Real Estate and Multi-family Residential Loans [Member] | Multifamily Loans [Member] | ||
Financing Receivable, Recorded Investment [Line Items] | ||
Total ending loans balance | 0 | 0 |
Not Rated [Member] | Agri-business and Agricultural Loans [Member] | Loans Secured By Farmland [Member] | ||
Financing Receivable, Recorded Investment [Line Items] | ||
Total ending loans balance | 0 | 0 |
Not Rated [Member] | Agri-business and Agricultural Loans [Member] | Loans For Agricultural Production [Member] | ||
Financing Receivable, Recorded Investment [Line Items] | ||
Total ending loans balance | 0 | 0 |
Not Rated [Member] | Consumer 1-4 Family Mortgage Loans [Member] | Closed End First Mortgage Loans [Member] | ||
Financing Receivable, Recorded Investment [Line Items] | ||
Total ending loans balance | 106,727 | 103,529 |
Not Rated [Member] | Consumer 1-4 Family Mortgage Loans [Member] | Open End And Junior Lien Loans [Member] | ||
Financing Receivable, Recorded Investment [Line Items] | ||
Total ending loans balance | 145,599 | 140,487 |
Not Rated [Member] | Consumer 1-4 Family Mortgage Loans [Member] | Residential Construction and Land Development Loans [Member] | ||
Financing Receivable, Recorded Investment [Line Items] | ||
Total ending loans balance | $ 8,806 | $ 6,726 |
ALLOWANCE FOR LOAN LOSSES AND45
ALLOWANCE FOR LOAN LOSSES AND CREDIT QUALITY (Additional Information) (Details) - Financing Receivable Allowance [Domain] - USD ($) | 3 Months Ended | 6 Months Ended | ||||
Jun. 30, 2015 | Jun. 30, 2014 | Jun. 30, 2015 | Jun. 30, 2014 | Mar. 31, 2015 | Dec. 31, 2014 | |
Troubled Debt Restructuring [Abstract] | ||||||
Loans Modified In Troubled Debt Restructured Loans | $ 2,700,000 | $ 2,700,000 | $ 3,400,000 | |||
Loan amount of credit quality analysis | 150,000 | |||||
Financing Receivable, Modifications, Recorded Investment | $ 788,000 | |||||
Loans Not Past Due | 2,874,501,000 | 2,874,501,000 | $ 2,746,240,000 | |||
Commercial and Industrial Loans [Member] | ||||||
Troubled Debt Restructuring [Abstract] | ||||||
Increase (decrease) in allowance for loan loss | 49,000 | $ 36,000 | 170,000 | $ 137,000 | ||
Commercial Real Estate and Multi-Family Residential Loans [Member] | ||||||
Troubled Debt Restructuring [Abstract] | ||||||
Increase (decrease) in allowance for loan loss | 28,000 | $ 8,000 | 22,000 | $ 2,000 | ||
Commercial Loans [Member] | ||||||
Troubled Debt Restructuring [Abstract] | ||||||
Loans Not Past Due | 379,000 | 379,000 | ||||
Industrial Working Capital Loan [Member] | ||||||
Troubled Debt Restructuring [Abstract] | ||||||
Loans Not Past Due | $ 185,000 | $ 185,000 |
FAIR VALUE DISCLOSURES (Assets
FAIR VALUE DISCLOSURES (Assets and Liabilities Measured At Fair Value on a Recurring Basis) (Details) - USD ($) $ in Thousands | Jun. 30, 2015 | Dec. 31, 2014 |
Assets [Abstract] | ||
Mortgage-backed securities | $ 361,918 | |
Total Securities | 470,383 | $ 475,911 |
Mortgage banking derivative | 1,463 | 1,191 |
Liabilities | ||
Mortgage banking derivative | 347 | 0 |
Fair Value, Measurements, Recurring [Member] | ||
Assets [Abstract] | ||
U.S. Treasury securities | 1,002 | 1,004 |
Mortgage-backed securities | 361,918 | 372,095 |
State and municipal securities | 107,463 | 102,812 |
Total Securities | 470,383 | 475,911 |
Mortgage banking derivative | 329 | 96 |
Interest rate swap derivative | 1,463 | 1,191 |
Total assets | 472,175 | 477,198 |
Liabilities | ||
Mortgage banking derivative | 40 | 11 |
Interest rate swap derivative | 1,377 | 1,242 |
Total liabilities | 1,417 | 1,253 |
Fair Value, Inputs, Level 1 [Member] | Fair Value, Measurements, Recurring [Member] | ||
Assets [Abstract] | ||
U.S. Treasury securities | 1,002 | 1,004 |
Mortgage-backed securities | 0 | 0 |
State and municipal securities | 0 | 0 |
Total Securities | 1,002 | 1,004 |
Mortgage banking derivative | 0 | 0 |
Interest rate swap derivative | 0 | 0 |
Total assets | 1,002 | 1,004 |
Liabilities | ||
Mortgage banking derivative | 0 | 0 |
Interest rate swap derivative | 0 | 0 |
Total liabilities | 0 | 0 |
Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Recurring [Member] | ||
Assets [Abstract] | ||
U.S. Treasury securities | 0 | 0 |
Mortgage-backed securities | 361,918 | 372,095 |
State and municipal securities | 106,655 | 101,962 |
Total Securities | 468,573 | 474,057 |
Mortgage banking derivative | 329 | 96 |
Interest rate swap derivative | 1,463 | 1,191 |
Total assets | 470,365 | 475,344 |
Liabilities | ||
Mortgage banking derivative | 40 | 11 |
Interest rate swap derivative | 1,377 | 1,242 |
Total liabilities | 1,417 | 1,253 |
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Recurring [Member] | ||
Assets [Abstract] | ||
U.S. Treasury securities | 0 | 0 |
Mortgage-backed securities | 0 | 0 |
State and municipal securities | 808 | 850 |
Total Securities | 808 | 850 |
Mortgage banking derivative | 0 | 0 |
Interest rate swap derivative | 0 | 0 |
Total assets | 808 | 850 |
Liabilities | ||
Mortgage banking derivative | 0 | 0 |
Interest rate swap derivative | 0 | 0 |
Total liabilities | $ 0 | $ 0 |
FAIR VALUE DISCLOSURES (Reconci
FAIR VALUE DISCLOSURES (Reconciliation of All Assets Measured at Fair Value on a Recurring Basis using Significant Unobservable Inputs (Level 3)) (Details) - State and Municipal Securities [Member] - USD ($) $ in Thousands | 6 Months Ended | |
Jun. 30, 2015 | Jun. 30, 2014 | |
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items] | ||
Balance | $ 850 | $ 975 |
Changes in fair value of securities included in other comprehensive income | (2) | 24 |
Principal payments | (40) | (85) |
Balance | $ 808 | $ 914 |
FAIR VALUE DISCLOSURES (Quantit
FAIR VALUE DISCLOSURES (Quantitative Information about Level 3 Fair Value Measurements) (Details) - USD ($) $ in Thousands | 6 Months Ended | 12 Months Ended |
Jun. 30, 2015 | Dec. 31, 2014 | |
Discount To Benchmark Index [Member] | Minimum [Member] | ||
Fair Value Inputs, Assets, Quantitative Information [Line Items] | ||
Range of Inputs (Average) (in hundredths) | 0.00% | 0.00% |
Discount To Benchmark Index [Member] | Maximum [Member] | ||
Fair Value Inputs, Assets, Quantitative Information [Line Items] | ||
Range of Inputs (Average) (in hundredths) | 5.00% | 6.00% |
Discount To Benchmark Index [Member] | Weighted Average [Member] | ||
Fair Value Inputs, Assets, Quantitative Information [Line Items] | ||
Range of Inputs (Average) (in hundredths) | (2.24%) | (2.49%) |
State and Municipal Securities [Member] | Fair Value, Inputs, Level 3 [Member] | ||
Fair Value Inputs, Assets, Quantitative Information [Line Items] | ||
Total assets | $ 808 | $ 850 |
Valuation Technique | Price to type, par, call | Price to type, par, call |
FAIR VALUE DISCLOSURES (Asset49
FAIR VALUE DISCLOSURES (Assets Measured at Fair Value on a Nonrecurring Basis) (Details) - USD ($) $ in Thousands | Jun. 30, 2015 | Dec. 31, 2014 | Jun. 30, 2014 |
Assets Measured At Fair Value On Nonrecurring Basis [Line Items] | |||
Impaired loans | $ 75 | $ 263 | |
Fair Value, Measurements, Nonrecurring [Member] | |||
Assets Measured At Fair Value On Nonrecurring Basis [Line Items] | |||
Impaired loans | 5,495 | $ 11,031 | |
Other real estate owned | 75 | 75 | |
Total assets | 5,570 | 11,106 | |
Fair Value, Inputs, Level 1 [Member] | Fair Value, Measurements, Nonrecurring [Member] | |||
Assets Measured At Fair Value On Nonrecurring Basis [Line Items] | |||
Impaired loans | 0 | 0 | |
Other real estate owned | 0 | 0 | |
Total assets | 0 | 0 | |
Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Nonrecurring [Member] | |||
Assets Measured At Fair Value On Nonrecurring Basis [Line Items] | |||
Impaired loans | 0 | 0 | |
Other real estate owned | 0 | 0 | |
Total assets | 0 | 0 | |
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Nonrecurring [Member] | |||
Assets Measured At Fair Value On Nonrecurring Basis [Line Items] | |||
Impaired loans | 5,495 | 11,031 | |
Other real estate owned | 75 | 75 | |
Total assets | 5,570 | 11,106 | |
Residential Construction Loans [Member] | Fair Value, Inputs, Level 1 [Member] | Fair Value, Measurements, Nonrecurring [Member] | |||
Assets Measured At Fair Value On Nonrecurring Basis [Line Items] | |||
Impaired loans | 0 | ||
Residential Construction Loans [Member] | Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Nonrecurring [Member] | |||
Assets Measured At Fair Value On Nonrecurring Basis [Line Items] | |||
Impaired loans | 0 | ||
Residential Construction Loans [Member] | Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Nonrecurring [Member] | |||
Assets Measured At Fair Value On Nonrecurring Basis [Line Items] | |||
Impaired loans | 73 | ||
Commercial and Industrial Loans [Member] | Fair Value, Measurements, Nonrecurring [Member] | |||
Assets Measured At Fair Value On Nonrecurring Basis [Line Items] | |||
Impaired loans | 2,309 | 2,788 | |
Commercial and Industrial Loans [Member] | Working Capital Lines of Credit Loans [Member] | Fair Value, Measurements, Nonrecurring [Member] | |||
Assets Measured At Fair Value On Nonrecurring Basis [Line Items] | |||
Impaired loans | 517 | 531 | |
Commercial and Industrial Loans [Member] | Working Capital Lines of Credit Loans [Member] | Fair Value, Inputs, Level 1 [Member] | Fair Value, Measurements, Nonrecurring [Member] | |||
Assets Measured At Fair Value On Nonrecurring Basis [Line Items] | |||
Impaired loans | 0 | 0 | |
Commercial and Industrial Loans [Member] | Working Capital Lines of Credit Loans [Member] | Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Nonrecurring [Member] | |||
Assets Measured At Fair Value On Nonrecurring Basis [Line Items] | |||
Impaired loans | 0 | 0 | |
Commercial and Industrial Loans [Member] | Working Capital Lines of Credit Loans [Member] | Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Nonrecurring [Member] | |||
Assets Measured At Fair Value On Nonrecurring Basis [Line Items] | |||
Impaired loans | 517 | 531 | |
Commercial and Industrial Loans [Member] | Non Working Capital Loans [Member] | Fair Value, Measurements, Nonrecurring [Member] | |||
Assets Measured At Fair Value On Nonrecurring Basis [Line Items] | |||
Impaired loans | 1,792 | 2,257 | |
Commercial and Industrial Loans [Member] | Non Working Capital Loans [Member] | Fair Value, Inputs, Level 1 [Member] | Fair Value, Measurements, Nonrecurring [Member] | |||
Assets Measured At Fair Value On Nonrecurring Basis [Line Items] | |||
Impaired loans | 0 | 0 | |
Commercial and Industrial Loans [Member] | Non Working Capital Loans [Member] | Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Nonrecurring [Member] | |||
Assets Measured At Fair Value On Nonrecurring Basis [Line Items] | |||
Impaired loans | 0 | 0 | |
Commercial and Industrial Loans [Member] | Non Working Capital Loans [Member] | Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Nonrecurring [Member] | |||
Assets Measured At Fair Value On Nonrecurring Basis [Line Items] | |||
Impaired loans | 1,792 | 2,257 | |
Commercial Real Estate and Multi-Family Residential Loans [Member] | Fair Value, Measurements, Nonrecurring [Member] | |||
Assets Measured At Fair Value On Nonrecurring Basis [Line Items] | |||
Impaired loans | 2,249 | 7,538 | |
Commercial Real Estate and Multi-Family Residential Loans [Member] | Construction and Land Development Loans [Member] | Fair Value, Measurements, Nonrecurring [Member] | |||
Assets Measured At Fair Value On Nonrecurring Basis [Line Items] | |||
Impaired loans | 315 | 341 | |
Commercial Real Estate and Multi-Family Residential Loans [Member] | Construction and Land Development Loans [Member] | Fair Value, Inputs, Level 1 [Member] | Fair Value, Measurements, Nonrecurring [Member] | |||
Assets Measured At Fair Value On Nonrecurring Basis [Line Items] | |||
Impaired loans | 0 | 0 | |
Commercial Real Estate and Multi-Family Residential Loans [Member] | Construction and Land Development Loans [Member] | Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Nonrecurring [Member] | |||
Assets Measured At Fair Value On Nonrecurring Basis [Line Items] | |||
Impaired loans | 0 | 0 | |
Commercial Real Estate and Multi-Family Residential Loans [Member] | Construction and Land Development Loans [Member] | Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Nonrecurring [Member] | |||
Assets Measured At Fair Value On Nonrecurring Basis [Line Items] | |||
Impaired loans | 315 | 341 | |
Commercial Real Estate and Multi-Family Residential Loans [Member] | Owner Occupied Loans [Member] | Fair Value, Measurements, Nonrecurring [Member] | |||
Assets Measured At Fair Value On Nonrecurring Basis [Line Items] | |||
Impaired loans | 1,934 | 4,084 | |
Commercial Real Estate and Multi-Family Residential Loans [Member] | Owner Occupied Loans [Member] | Fair Value, Inputs, Level 1 [Member] | Fair Value, Measurements, Nonrecurring [Member] | |||
Assets Measured At Fair Value On Nonrecurring Basis [Line Items] | |||
Impaired loans | 0 | 0 | |
Commercial Real Estate and Multi-Family Residential Loans [Member] | Owner Occupied Loans [Member] | Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Nonrecurring [Member] | |||
Assets Measured At Fair Value On Nonrecurring Basis [Line Items] | |||
Impaired loans | 0 | 0 | |
Commercial Real Estate and Multi-Family Residential Loans [Member] | Owner Occupied Loans [Member] | Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Nonrecurring [Member] | |||
Assets Measured At Fair Value On Nonrecurring Basis [Line Items] | |||
Impaired loans | 1,934 | 4,084 | |
Commercial Real Estate and Multi-Family Residential Loans [Member] | Nonowner Occupied Loans [Member] | Fair Value, Measurements, Nonrecurring [Member] | |||
Assets Measured At Fair Value On Nonrecurring Basis [Line Items] | |||
Impaired loans | 3,113 | ||
Commercial Real Estate and Multi-Family Residential Loans [Member] | Nonowner Occupied Loans [Member] | Fair Value, Inputs, Level 1 [Member] | Fair Value, Measurements, Nonrecurring [Member] | |||
Assets Measured At Fair Value On Nonrecurring Basis [Line Items] | |||
Impaired loans | 0 | ||
Commercial Real Estate and Multi-Family Residential Loans [Member] | Nonowner Occupied Loans [Member] | Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Nonrecurring [Member] | |||
Assets Measured At Fair Value On Nonrecurring Basis [Line Items] | |||
Impaired loans | 0 | ||
Commercial Real Estate and Multi-Family Residential Loans [Member] | Nonowner Occupied Loans [Member] | Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Nonrecurring [Member] | |||
Assets Measured At Fair Value On Nonrecurring Basis [Line Items] | |||
Impaired loans | 3,113 | ||
Agri-business and Agricultural Loans [Member] | Fair Value, Measurements, Nonrecurring [Member] | |||
Assets Measured At Fair Value On Nonrecurring Basis [Line Items] | |||
Impaired loans | 189 | ||
Agri-business and Agricultural Loans [Member] | Loans Secured by Farmland [Member] | Fair Value, Measurements, Nonrecurring [Member] | |||
Assets Measured At Fair Value On Nonrecurring Basis [Line Items] | |||
Impaired loans | 189 | ||
Agri-business and Agricultural Loans [Member] | Loans Secured by Farmland [Member] | Fair Value, Inputs, Level 1 [Member] | Fair Value, Measurements, Nonrecurring [Member] | |||
Assets Measured At Fair Value On Nonrecurring Basis [Line Items] | |||
Impaired loans | 0 | ||
Agri-business and Agricultural Loans [Member] | Loans Secured by Farmland [Member] | Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Nonrecurring [Member] | |||
Assets Measured At Fair Value On Nonrecurring Basis [Line Items] | |||
Impaired loans | 0 | ||
Agri-business and Agricultural Loans [Member] | Loans Secured by Farmland [Member] | Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Nonrecurring [Member] | |||
Assets Measured At Fair Value On Nonrecurring Basis [Line Items] | |||
Impaired loans | 189 | ||
Other Commercial Loans [Member] | Fair Value, Measurements, Nonrecurring [Member] | |||
Assets Measured At Fair Value On Nonrecurring Basis [Line Items] | |||
Impaired loans | 15 | ||
Other Commercial Loans [Member] | Fair Value, Inputs, Level 1 [Member] | Fair Value, Measurements, Nonrecurring [Member] | |||
Assets Measured At Fair Value On Nonrecurring Basis [Line Items] | |||
Impaired loans | 0 | ||
Other Commercial Loans [Member] | Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Nonrecurring [Member] | |||
Assets Measured At Fair Value On Nonrecurring Basis [Line Items] | |||
Impaired loans | 0 | ||
Other Commercial Loans [Member] | Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Nonrecurring [Member] | |||
Assets Measured At Fair Value On Nonrecurring Basis [Line Items] | |||
Impaired loans | 15 | ||
Consumer 1-4 Family Mortgage Loans [Member] | Fair Value, Measurements, Nonrecurring [Member] | |||
Assets Measured At Fair Value On Nonrecurring Basis [Line Items] | |||
Impaired loans | 916 | 472 | |
Consumer 1-4 Family Mortgage Loans [Member] | Closed End First Mortgage Loans [Member] | Fair Value, Measurements, Nonrecurring [Member] | |||
Assets Measured At Fair Value On Nonrecurring Basis [Line Items] | |||
Impaired loans | 885 | 399 | |
Consumer 1-4 Family Mortgage Loans [Member] | Closed End First Mortgage Loans [Member] | Fair Value, Inputs, Level 1 [Member] | Fair Value, Measurements, Nonrecurring [Member] | |||
Assets Measured At Fair Value On Nonrecurring Basis [Line Items] | |||
Impaired loans | 0 | 0 | |
Consumer 1-4 Family Mortgage Loans [Member] | Closed End First Mortgage Loans [Member] | Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Nonrecurring [Member] | |||
Assets Measured At Fair Value On Nonrecurring Basis [Line Items] | |||
Impaired loans | 0 | 0 | |
Consumer 1-4 Family Mortgage Loans [Member] | Closed End First Mortgage Loans [Member] | Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Nonrecurring [Member] | |||
Assets Measured At Fair Value On Nonrecurring Basis [Line Items] | |||
Impaired loans | 885 | 399 | |
Consumer 1-4 Family Mortgage Loans [Member] | Open End and Junior Lien Loans [Member] | Fair Value, Measurements, Nonrecurring [Member] | |||
Assets Measured At Fair Value On Nonrecurring Basis [Line Items] | |||
Impaired loans | 31 | ||
Consumer 1-4 Family Mortgage Loans [Member] | Open End and Junior Lien Loans [Member] | Fair Value, Inputs, Level 1 [Member] | Fair Value, Measurements, Nonrecurring [Member] | |||
Assets Measured At Fair Value On Nonrecurring Basis [Line Items] | |||
Impaired loans | 0 | ||
Consumer 1-4 Family Mortgage Loans [Member] | Open End and Junior Lien Loans [Member] | Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Nonrecurring [Member] | |||
Assets Measured At Fair Value On Nonrecurring Basis [Line Items] | |||
Impaired loans | 0 | ||
Consumer 1-4 Family Mortgage Loans [Member] | Open End and Junior Lien Loans [Member] | Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Nonrecurring [Member] | |||
Assets Measured At Fair Value On Nonrecurring Basis [Line Items] | |||
Impaired loans | 31 | ||
Consumer 1-4 Family Mortgage Loans [Member] | Residential Construction Loans [Member] | Fair Value, Measurements, Nonrecurring [Member] | |||
Assets Measured At Fair Value On Nonrecurring Basis [Line Items] | |||
Impaired loans | 73 | ||
Other Consumer [Member] | Fair Value, Measurements, Nonrecurring [Member] | |||
Assets Measured At Fair Value On Nonrecurring Basis [Line Items] | |||
Impaired loans | 21 | 29 | |
Other Consumer [Member] | Fair Value, Inputs, Level 1 [Member] | Fair Value, Measurements, Nonrecurring [Member] | |||
Assets Measured At Fair Value On Nonrecurring Basis [Line Items] | |||
Impaired loans | 0 | 0 | |
Other Consumer [Member] | Fair Value, Inputs, Level 2 [Member] | Fair Value, Measurements, Nonrecurring [Member] | |||
Assets Measured At Fair Value On Nonrecurring Basis [Line Items] | |||
Impaired loans | 0 | 0 | |
Other Consumer [Member] | Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Nonrecurring [Member] | |||
Assets Measured At Fair Value On Nonrecurring Basis [Line Items] | |||
Impaired loans | $ 21 | $ 29 |
FAIR VALUE DISCLOSURES (Valuati
FAIR VALUE DISCLOSURES (Valuation Methodology and Unobservable Inputs for Level 3 Assets) (Details) - USD ($) $ in Thousands | 6 Months Ended | 12 Months Ended | |
Jun. 30, 2015 | Dec. 31, 2014 | Jun. 30, 2014 | |
Valuation Methodology and Unobservable Inputs For Level 3 Assets Measured At Fair Value [Line Items] | |||
Impaired loans | $ 75 | $ 263 | |
Non-Recurring [Member] | |||
Valuation Methodology and Unobservable Inputs For Level 3 Assets Measured At Fair Value [Line Items] | |||
Impaired loans | 5,495 | $ 11,031 | |
Commercial and Industrial Loans [Member] | Non-Recurring [Member] | |||
Valuation Methodology and Unobservable Inputs For Level 3 Assets Measured At Fair Value [Line Items] | |||
Impaired loans | $ 2,309 | $ 2,788 | |
Valuation Methodology | Collateral based measurements | Collateral based measurements | |
Unobservable Inputs | Discount to reflect current market conditions and ultimate collectability | Discount to reflect current market conditions and ultimate collectability | |
Commercial and Industrial Loans [Member] | Non-Recurring [Member] | Minimum [Member] | |||
Valuation Methodology and Unobservable Inputs For Level 3 Assets Measured At Fair Value [Line Items] | |||
Range of Inputs (Average) (in hundredths) | 19.00% | 11.00% | |
Commercial and Industrial Loans [Member] | Non-Recurring [Member] | Maximum [Member] | |||
Valuation Methodology and Unobservable Inputs For Level 3 Assets Measured At Fair Value [Line Items] | |||
Range of Inputs (Average) (in hundredths) | 100.00% | 68.00% | |
Commercial and Industrial Loans [Member] | Non-Recurring [Member] | Weighted Average [Member] | |||
Valuation Methodology and Unobservable Inputs For Level 3 Assets Measured At Fair Value [Line Items] | |||
Range of Inputs (Average) (in hundredths) | 40.00% | 40.00% | |
Commercial Real Estate and Multi-Family Residential Loans [Member] | Non-Recurring [Member] | |||
Valuation Methodology and Unobservable Inputs For Level 3 Assets Measured At Fair Value [Line Items] | |||
Impaired loans | $ 2,249 | $ 7,538 | |
Valuation Methodology | Collateral based measurements | Collateral based measurements | |
Unobservable Inputs | Discount to reflect current market conditions and ultimate collectability | Discount to reflect current market conditions and ultimate collectability | |
Commercial Real Estate and Multi-Family Residential Loans [Member] | Non-Recurring [Member] | Minimum [Member] | |||
Valuation Methodology and Unobservable Inputs For Level 3 Assets Measured At Fair Value [Line Items] | |||
Range of Inputs (Average) (in hundredths) | 10.00% | 6.00% | |
Commercial Real Estate and Multi-Family Residential Loans [Member] | Non-Recurring [Member] | Maximum [Member] | |||
Valuation Methodology and Unobservable Inputs For Level 3 Assets Measured At Fair Value [Line Items] | |||
Range of Inputs (Average) (in hundredths) | 78.00% | 50.00% | |
Commercial Real Estate and Multi-Family Residential Loans [Member] | Non-Recurring [Member] | Weighted Average [Member] | |||
Valuation Methodology and Unobservable Inputs For Level 3 Assets Measured At Fair Value [Line Items] | |||
Range of Inputs (Average) (in hundredths) | 31.00% | 25.00% | |
Agri-business and Agricultural Loans [Member] | Non-Recurring [Member] | |||
Valuation Methodology and Unobservable Inputs For Level 3 Assets Measured At Fair Value [Line Items] | |||
Impaired loans | $ 189 | ||
Valuation Methodology | Collateral based measurements | ||
Unobservable Inputs | Discount to reflect current market conditions and ultimate collectability | ||
Agri-business and Agricultural Loans [Member] | Non-Recurring [Member] | Weighted Average [Member] | |||
Valuation Methodology and Unobservable Inputs For Level 3 Assets Measured At Fair Value [Line Items] | |||
Range of Inputs (Average) (in hundredths) | 7.00% | ||
Other Commercial Loans [Member] | Non-Recurring [Member] | |||
Valuation Methodology and Unobservable Inputs For Level 3 Assets Measured At Fair Value [Line Items] | |||
Impaired loans | $ 15 | ||
Valuation Methodology | Collateral based measurements | ||
Unobservable Inputs | Discount to reflect current market conditions and ultimate collectability | ||
Other Commercial Loans [Member] | Non-Recurring [Member] | Weighted Average [Member] | |||
Valuation Methodology and Unobservable Inputs For Level 3 Assets Measured At Fair Value [Line Items] | |||
Range of Inputs (Average) (in hundredths) | 50.00% | ||
Consumer 1-4 Family Mortgage Loans [Member] | Non-Recurring [Member] | |||
Valuation Methodology and Unobservable Inputs For Level 3 Assets Measured At Fair Value [Line Items] | |||
Impaired loans | $ 916 | $ 472 | |
Valuation Methodology | Collateral based measurements | Collateral based measurements | |
Unobservable Inputs | Discount to reflect current market conditions and ultimate collectability | Discount to reflect current market conditions and ultimate collectability | |
Consumer 1-4 Family Mortgage Loans [Member] | Non-Recurring [Member] | Minimum [Member] | |||
Valuation Methodology and Unobservable Inputs For Level 3 Assets Measured At Fair Value [Line Items] | |||
Range of Inputs (Average) (in hundredths) | 2.00% | 3.00% | |
Consumer 1-4 Family Mortgage Loans [Member] | Non-Recurring [Member] | Maximum [Member] | |||
Valuation Methodology and Unobservable Inputs For Level 3 Assets Measured At Fair Value [Line Items] | |||
Range of Inputs (Average) (in hundredths) | 72.00% | 77.00% | |
Consumer 1-4 Family Mortgage Loans [Member] | Non-Recurring [Member] | Weighted Average [Member] | |||
Valuation Methodology and Unobservable Inputs For Level 3 Assets Measured At Fair Value [Line Items] | |||
Range of Inputs (Average) (in hundredths) | 27.00% | 32.00% | |
Other Consumer [Member] | Non-Recurring [Member] | |||
Valuation Methodology and Unobservable Inputs For Level 3 Assets Measured At Fair Value [Line Items] | |||
Impaired loans | $ 21 | $ 29 | |
Valuation Methodology | Collateral based measurements | Collateral based measurements | |
Unobservable Inputs | Discount to reflect current market conditions and ultimate collectability | Discount to reflect current market conditions and ultimate collectability | |
Other Consumer [Member] | Non-Recurring [Member] | Minimum [Member] | |||
Valuation Methodology and Unobservable Inputs For Level 3 Assets Measured At Fair Value [Line Items] | |||
Range of Inputs (Average) (in hundredths) | 18.00% | 33.00% | |
Other Consumer [Member] | Non-Recurring [Member] | Maximum [Member] | |||
Valuation Methodology and Unobservable Inputs For Level 3 Assets Measured At Fair Value [Line Items] | |||
Range of Inputs (Average) (in hundredths) | 63.00% | 50.00% | |
Other Consumer [Member] | Non-Recurring [Member] | Weighted Average [Member] | |||
Valuation Methodology and Unobservable Inputs For Level 3 Assets Measured At Fair Value [Line Items] | |||
Range of Inputs (Average) (in hundredths) | 47.00% | 43.00% | |
Other Real Estate Owned [Member] | Non-Recurring [Member] | |||
Valuation Methodology and Unobservable Inputs For Level 3 Assets Measured At Fair Value [Line Items] | |||
Impaired loans | $ 75 | $ 75 | |
Valuation Methodology | Appraisals | Appraisals | |
Unobservable Inputs | Discount to reflect current market conditions | Discount to reflect current market conditions | |
Other Real Estate Owned [Member] | Non-Recurring [Member] | Weighted Average [Member] | |||
Valuation Methodology and Unobservable Inputs For Level 3 Assets Measured At Fair Value [Line Items] | |||
Range of Inputs (Average) (in hundredths) | 49.00% | 49.00% |
FAIR VALUE DISCLOSURES (Estimat
FAIR VALUE DISCLOSURES (Estimated Fair Values And The Related Carrying Values Of Financial Instruments) (Details) - USD ($) $ in Thousands | Jun. 30, 2015 | Dec. 31, 2014 |
Financial Assets: | ||
Securities available for sale | $ 470,383 | $ 475,911 |
Financial Liabilities: | ||
Federal funds purchased | 0 | (500) |
Carrying Value [Member] | ||
Financial Assets: | ||
Cash and cash equivalents | 89,480 | 90,638 |
Securities available for sale | 470,383 | 475,911 |
Real estate mortgages held for sale | 3,405 | 1,585 |
Loans, net | 2,848,646 | 2,716,058 |
Federal Home Loan Bank stock | 4,248 | 5,993 |
Federal Reserve Bank stock | 3,420 | 3,420 |
Accrued interest receivable | 9,360 | 8,662 |
Financial Liabilities: | ||
Certificates of deposit | (995,053) | (870,590) |
All other deposits | (2,025,098) | (2,002,530) |
Securities sold under agreements to repurchase | (51,615) | (54,907) |
Federal funds purchased | 0 | (500) |
Other short-term borrowings | (75,000) | (105,000) |
Long-term borrowings | (34) | (35) |
Subordinated debentures | (30,928) | (30,928) |
Standby letters of credit | (406) | (379) |
Accrued interest payable | (3,921) | (2,946) |
Estimated Fair Value [Member] | ||
Financial Assets: | ||
Cash and cash equivalents | 89,480 | 90,638 |
Securities available for sale | 470,383 | 475,911 |
Real estate mortgages held for sale | 3,459 | 1,612 |
Loans, net | 2,833,515 | 2,698,767 |
Federal Home Loan Bank stock | 0 | 0 |
Federal Reserve Bank stock | 0 | 0 |
Accrued interest receivable | 9,360 | 8,662 |
Financial Liabilities: | ||
Certificates of deposit | (1,000,619) | (876,953) |
All other deposits | (2,025,098) | (2,002,530) |
Securities sold under agreements to repurchase | (51,615) | (54,907) |
Federal funds purchased | 0 | (500) |
Other short-term borrowings | (75,000) | (105,001) |
Long-term borrowings | (38) | (40) |
Subordinated debentures | (31,226) | (31,212) |
Standby letters of credit | (406) | (379) |
Accrued interest payable | (3,921) | (2,946) |
Estimated Fair Value [Member] | Fair Value, Inputs, Level 1 [Member] | ||
Financial Assets: | ||
Cash and cash equivalents | 89,480 | 90,638 |
Securities available for sale | 1,002 | 1,004 |
Real estate mortgages held for sale | 0 | 0 |
Loans, net | 0 | 0 |
Federal Home Loan Bank stock | 0 | 0 |
Federal Reserve Bank stock | 0 | 0 |
Accrued interest receivable | 3 | 3 |
Financial Liabilities: | ||
Certificates of deposit | 0 | 0 |
All other deposits | (2,025,098) | (2,002,530) |
Securities sold under agreements to repurchase | 0 | 0 |
Federal funds purchased | 0 | 0 |
Other short-term borrowings | 0 | 0 |
Long-term borrowings | 0 | 0 |
Subordinated debentures | 0 | 0 |
Standby letters of credit | 0 | 0 |
Accrued interest payable | (101) | (109) |
Estimated Fair Value [Member] | Fair Value, Inputs, Level 2 [Member] | ||
Financial Assets: | ||
Cash and cash equivalents | 0 | 0 |
Securities available for sale | 468,573 | 474,057 |
Real estate mortgages held for sale | 3,459 | 1,612 |
Loans, net | 0 | 0 |
Federal Home Loan Bank stock | 0 | 0 |
Federal Reserve Bank stock | 0 | 0 |
Accrued interest receivable | 2,284 | 2,312 |
Financial Liabilities: | ||
Certificates of deposit | (1,000,619) | (876,953) |
All other deposits | 0 | 0 |
Securities sold under agreements to repurchase | (51,615) | (54,907) |
Federal funds purchased | 0 | (500) |
Other short-term borrowings | (75,000) | (105,001) |
Long-term borrowings | (38) | (40) |
Subordinated debentures | 0 | 0 |
Standby letters of credit | 0 | 0 |
Accrued interest payable | (3,817) | (2,834) |
Estimated Fair Value [Member] | Fair Value, Inputs, Level 3 [Member] | ||
Financial Assets: | ||
Cash and cash equivalents | 0 | 0 |
Securities available for sale | 808 | 850 |
Real estate mortgages held for sale | 0 | 0 |
Loans, net | 2,833,515 | 2,698,767 |
Federal Home Loan Bank stock | 0 | 0 |
Federal Reserve Bank stock | 0 | 0 |
Accrued interest receivable | 7,073 | 6,347 |
Financial Liabilities: | ||
Certificates of deposit | 0 | 0 |
All other deposits | 0 | 0 |
Securities sold under agreements to repurchase | 0 | 0 |
Federal funds purchased | 0 | 0 |
Other short-term borrowings | 0 | 0 |
Long-term borrowings | 0 | 0 |
Subordinated debentures | (31,226) | (31,212) |
Standby letters of credit | (406) | (379) |
Accrued interest payable | $ (3) | $ (3) |
FAIR VALUE DISCLOSURES (Additio
FAIR VALUE DISCLOSURES (Additional Information) (Details) - USD ($) | 3 Months Ended | 6 Months Ended | 12 Months Ended | ||||||
Jun. 30, 2015 | Jun. 30, 2014 | Jun. 30, 2014 | Jun. 30, 2015 | Jun. 30, 2014 | Dec. 31, 2014 | Mar. 31, 2015 | Mar. 30, 2014 | Dec. 31, 2013 | |
Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. | |||||||||
Mortgage servicing rights | $ 3,400,000 | $ 3,400,000 | |||||||
Weighted average interest rate, residential mortgages (in hundredths) | 3.97% | ||||||||
Weighted average maturity of residential mortgages | 19 years | ||||||||
Prepayment Speed used in unobservable assumptions | 181 | 212 | |||||||
Discount rate used to estimate fair value (in hundredths) | 9.30% | 9.40% | |||||||
Subtotal | 2,893,665,000 | $ 2,893,665,000 | $ 2,762,604,000 | ||||||
Valuation allowance | 44,816,000 | $ 45,605,000 | $ 45,605,000 | 44,816,000 | $ 45,605,000 | $ 46,262,000 | $ 45,677,000 | $ 46,137,000 | $ 48,797,000 |
Recoveries | 134,000 | 123,000 | $ 257,000 | 214,000 | |||||
Market Value Price Variance Tolerance Percentage | 3.00% | ||||||||
Market Value Tolerable Value Individual Security Increase Decrease | $ 50,000 | ||||||||
Market Value Tolerable Value Increase Decrease | 500,000 | ||||||||
Impaired Loans Fair Value Disclosure | 75,000 | 263,000 | 263,000 | $ 75,000 | 263,000 | ||||
Commercial Real Estates [Member] | Minimum [Member] | Fair Value, Inputs, Level 3 [Member] | |||||||||
Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. | |||||||||
Percentage of discount from appraised value (in hundredths) | 0.00% | ||||||||
Commercial Real Estates [Member] | Maximum [Member] | Fair Value, Inputs, Level 3 [Member] | |||||||||
Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. | |||||||||
Percentage of discount from appraised value (in hundredths) | 50.00% | ||||||||
Inventory Finished Goods [Member] | Minimum [Member] | Fair Value, Inputs, Level 3 [Member] | |||||||||
Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. | |||||||||
Percentage of discount from appraised value (in hundredths) | 35.00% | ||||||||
Inventory Finished Goods [Member] | Maximum [Member] | Fair Value, Inputs, Level 3 [Member] | |||||||||
Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. | |||||||||
Percentage of discount from appraised value (in hundredths) | 65.00% | ||||||||
Finished Goods [Member] | Minimum [Member] | Fair Value, Inputs, Level 3 [Member] | |||||||||
Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. | |||||||||
Percentage of discount from appraised value (in hundredths) | 30.00% | ||||||||
Finished Goods [Member] | Maximum [Member] | Fair Value, Inputs, Level 3 [Member] | |||||||||
Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. | |||||||||
Percentage of discount from appraised value (in hundredths) | 60.00% | ||||||||
Inventory Work In Process [Member] | Minimum [Member] | Fair Value, Inputs, Level 3 [Member] | |||||||||
Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. | |||||||||
Percentage of discount from appraised value (in hundredths) | 50.00% | ||||||||
Inventory Work In Process [Member] | Maximum [Member] | Fair Value, Inputs, Level 3 [Member] | |||||||||
Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. | |||||||||
Percentage of discount from appraised value (in hundredths) | 100.00% | ||||||||
Equipment [Member] | Minimum [Member] | Fair Value, Inputs, Level 3 [Member] | |||||||||
Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. | |||||||||
Percentage of discount from appraised value (in hundredths) | 30.00% | ||||||||
Equipment [Member] | Maximum [Member] | Fair Value, Inputs, Level 3 [Member] | |||||||||
Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. | |||||||||
Percentage of discount from appraised value (in hundredths) | 70.00% | ||||||||
Marketable Securities [Member] | Minimum [Member] | Fair Value, Inputs, Level 3 [Member] | |||||||||
Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. | |||||||||
Percentage of discount from appraised value (in hundredths) | 10.00% | ||||||||
Marketable Securities [Member] | Maximum [Member] | Fair Value, Inputs, Level 3 [Member] | |||||||||
Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. | |||||||||
Percentage of discount from appraised value (in hundredths) | 30.00% | ||||||||
Impaired Loans [Member] | |||||||||
Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. | |||||||||
Subtotal | 7,700,000 | 16,500,000 | 16,500,000 | $ 7,700,000 | 16,500,000 | ||||
Valuation allowance | 2,200,000 | 4,100,000 | 4,100,000 | 2,200,000 | 4,100,000 | ||||
Recoveries | 1,300,000 | 100,000 | 610,000 | 2,200,000 | |||||
Other Real Estate Owned [Member] | |||||||||
Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. | |||||||||
Other Real Estate | 147,000 | 376,000 | 376,000 | 147,000 | 376,000 | ||||
Real Estate Owned, Valuation Allowance | $ 72,000 | $ 113,000 | 113,000 | $ 72,000 | $ 113,000 | ||||
Real Estate Owned, Valuation Allowance, Provision | $ 41,000 |
SECURITIES SOLD UNDER AGREEME53
SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE (Additional Information) (Details) - USD ($) $ in Thousands | Jun. 30, 2015 | Dec. 31, 2014 |
Securities Sold Under Agreements To Repurchase | $ 51,615 | $ 54,907 |
Collateralized Mortgage Backed Securities [Member] | ||
Securities Sold under Agreements to Repurchase, Fair Value of Collateral | $ 88,000 | $ 94,200 |
EMPLOYEE BENEFIT PLANS (Compone
EMPLOYEE BENEFIT PLANS (Components of Net Periodic Benefit Cost) (Details) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended | ||
Jun. 30, 2015 | Jun. 30, 2014 | Jun. 30, 2015 | Jun. 30, 2014 | |
Pension Plans, Defined Benefit [Member] | ||||
Net pension expense: | ||||
Interest cost | $ 26 | $ 30 | $ 52 | $ 60 |
Expected return on plan assets | (35) | (32) | (70) | (63) |
Recognized net actuarial loss | 41 | 30 | 81 | 59 |
Net pension expense | 32 | 28 | 63 | 56 |
Supplemental Employee Retirement Plans, Defined Benefit [Member] | ||||
Net pension expense: | ||||
Interest cost | 12 | 13 | 23 | 25 |
Expected return on plan assets | (20) | (18) | (39) | (36) |
Recognized net actuarial loss | 20 | 20 | 41 | 40 |
Net pension expense | $ 12 | $ 15 | $ 25 | $ 29 |
EMPLOYEE BENEFIT PLANS (Additio
EMPLOYEE BENEFIT PLANS (Additional Information) (Details) - USD ($) | 6 Months Ended | 12 Months Ended |
Jun. 30, 2015 | Dec. 31, 2014 | |
Defined Benefit Plan Disclosure [Line Items] | ||
Defined Benefit Plan, Expected Future Benefit Payments, Remainder of Fiscal Year | $ 172,000 | |
Pension Plans, Defined Benefit [Member] | ||
Defined Benefit Plan Disclosure [Line Items] | ||
Defined Benefit Plans, Estimated Future Employer Contributions in Next Fiscal Year | 146,000 | $ 318,000 |
Supplemental Employee Retirement Plans, Defined Benefit [Member] | ||
Defined Benefit Plan Disclosure [Line Items] | ||
Defined Benefit Plans, Estimated Future Employer Contributions in Next Fiscal Year | $ 110,000 | $ 110,000 |
OFFSETTING ASSETS AND LIABILI56
OFFSETTING ASSETS AND LIABILITIES (Schedule of Offsetting of Assets and Liabilities) (Details) - USD ($) $ in Thousands | Jun. 30, 2015 | Dec. 31, 2014 |
OffSetting Derivative Asset [Abstract] | ||
Gross Amounts of Recognized Assets | $ 1,463 | $ 1,191 |
Gross Amounts Offset in the Statement of Financial Position | 0 | 0 |
Net Amounts of Assets presented in the Statement of Financial Position | 1,463 | 1,191 |
Gross Amounts Not Offset in the Statement of Financial Position, Financial Instruments | 0 | 0 |
Gross Amounts Not Offset in the Statement of Financial Position, Cash Received | 0 | 0 |
Net | 1,463 | 1,191 |
Offsetting Derivatives Liabilities [Abstract] | ||
Gross Amounts of Recognized Liabilities | 52,992 | 56,149 |
Gross Amounts Offset in the Statement of Financial Position | 0 | 0 |
Net Amounts of Liabilities presented in the Statement of Financial Position | 52,992 | 56,149 |
Gross Amounts Not Offset in the Statement of Financial Position, Financial Instruments | (51,615) | (54,907) |
Gross Amounts Not Offset in the Statement of Financial Position, Cash Received | (1,030) | (1,242) |
Net | 347 | 0 |
Interest Rate Swap [Member] | ||
OffSetting Derivative Asset [Abstract] | ||
Gross Amounts of Recognized Assets | 1,463 | 1,191 |
Gross Amounts Offset in the Statement of Financial Position | 0 | 0 |
Net Amounts of Assets presented in the Statement of Financial Position | 1,463 | 1,191 |
Gross Amounts Not Offset in the Statement of Financial Position, Financial Instruments | 0 | 0 |
Gross Amounts Not Offset in the Statement of Financial Position, Cash Received | 0 | 0 |
Net | 1,463 | 1,191 |
Offsetting Derivatives Liabilities [Abstract] | ||
Gross Amounts of Recognized Liabilities | 1,377 | 1,242 |
Gross Amounts Offset in the Statement of Financial Position | 0 | 0 |
Net Amounts of Liabilities presented in the Statement of Financial Position | 1,377 | 1,242 |
Gross Amounts Not Offset in the Statement of Financial Position, Financial Instruments | 0 | 0 |
Gross Amounts Not Offset in the Statement of Financial Position, Cash Received | (1,030) | (1,242) |
Net | 347 | 0 |
Repurchase Agreements [Member] | ||
Offsetting Derivatives Liabilities [Abstract] | ||
Gross Amounts of Recognized Liabilities | 51,615 | 54,907 |
Gross Amounts Offset in the Statement of Financial Position | 0 | 0 |
Net Amounts of Liabilities presented in the Statement of Financial Position | 51,615 | 54,907 |
Gross Amounts Not Offset in the Statement of Financial Position, Financial Instruments | (51,615) | (54,907) |
Gross Amounts Not Offset in the Statement of Financial Position, Cash Received | 0 | 0 |
Net | $ 0 | $ 0 |
EARNINGS PER SHARE (Earnings Pe
EARNINGS PER SHARE (Earnings Per Share Computations) (Details) - $ / shares | 3 Months Ended | 6 Months Ended | ||
Jun. 30, 2015 | Jun. 30, 2014 | Jun. 30, 2015 | Jun. 30, 2014 | |
Weighted average shares outstanding for basic earnings per common share | 16,611,974 | 16,536,112 | 16,601,189 | 16,524,079 |
Dilutive effect of stock options, awards and warrants | 208,078 | 202,957 | 194,718 | 205,400 |
Weighted average shares outstanding for diluted earnings per common share | 16,820,052 | 16,739,069 | 16,795,907 | 16,729,479 |
Basic earnings per common share | $ 0.69 | $ 0.68 | $ 1.36 | $ 1.28 |
Diluted earnings per common share | $ 0.68 | $ 0.68 | $ 1.34 | $ 1.27 |
ACCUMULATED OTHER COMPREHENSI58
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Changes in Accumulated Other Comprehensive Income By Component) (Details) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended | 12 Months Ended | ||
Jun. 30, 2015 | Jun. 30, 2014 | Jun. 30, 2015 | Jun. 30, 2014 | Dec. 31, 2014 | |
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract] | |||||
Unrealized Gains and Losses on Available- for-Sales Securities, Opening Balance | $ 5,467 | $ (1,138) | $ (1,138) | ||
Unrealized Gains and Losses on Available- for-Sales Securities, Other comprehensive income before reclassification | (982) | 6,471 | |||
Unrealized Gains and Losses on Available- for-Sales Securities, Amounts reclassified from accumulated other comprehensive income (loss) | (25) | 134 | |||
Unrealized Gains and Losses on Available- for-Sales Securities, Net current period other comprehensive income | (1,007) | 6,605 | |||
Unrealized Gains and Losses on Available- for-Sales Securities, Ending Balance | $ 4,460 | 4,460 | 5,467 | ||
Defined Benefit Pension Items, Opening Balance | (1,637) | (1,356) | (1,356) | ||
Defined Benefit Pension Items, Other comprehensive income before reclassification | (174) | (399) | |||
Defined Benefit Pension Items, Amounts reclassified from accumulated other comprehensive income (loss) | 73 | 118 | |||
Defined Benefit Pension Items, Net current period other comprehensive income | 37 | $ 29 | (101) | 90 | (281) |
Defined Benefit Pension Items, Ending Balance | (1,738) | (1,738) | (1,637) | ||
Total, Opening Balance | 3,830 | (2,494) | (2,494) | ||
Other comprehensive income (loss) before reclassification | (1,156) | 6,072 | |||
Amounts reclassified from accumulated other comprehensive income (loss) | 48 | 252 | |||
Total other comprehensive income (loss), net of tax | (3,147) | $ 2,898 | (1,108) | $ 5,846 | 6,324 |
Total, Ending Balance | $ 2,722 | $ 2,722 | $ 3,830 |
ACCUMULATED OTHER COMPREHENSI59
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Reclassification Adjustment) (Details) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended | |||
Jun. 30, 2015 | Jun. 30, 2014 | Jun. 30, 2014 | Jun. 30, 2015 | Jun. 30, 2014 | |
Unrealized gains and losses on available-for-sale securities | |||||
Net securities gains (losses) | $ 0 | $ 4 | $ 42 | $ 4 | |
Income tax expense | 0 | 0 | (17) | 0 | |
Net of tax | 0 | 4 | 25 | 4 | |
Amortization of defined benefit pension items | |||||
Salaries and employee benefits | (61) | (50) | $ (50) | (122) | (99) |
Income tax expense | 25 | 21 | 49 | 40 | |
Net of tax | (36) | (29) | (73) | (59) | |
Total reclassifications for the period | $ (36) | $ (25) | $ (48) | $ (55) |