View Filing Data

Print Document View Excel Document

Document and Entity Information - shares	6 Months Ended
Document and Entity Information - shares	Jun. 30, 2012	Jul. 31, 2012
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2012
Document Fiscal Year Focus	2012
Document Fiscal Period Focus	Q2
Trading Symbol	FRME
Entity Registrant Name	FIRST MERCHANTS CORP
Entity Central Index Key	0000712534
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding		28,650,646

CONSOLIDATED CONDENSED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2012	Dec. 31, 2011
ASSETS
Cash and cash equivalents	$ 68,493	$ 73,312
Interest-bearing time deposits	41,760	52,851
Investment securities available for sale	547,551	518,491
Investment securities held to maturity (fair value of $413,247 and $442,469)	396,770	427,909
Mortgage loans held for sale	15,278	17,864
Loans, net of allowance for loan losses of $70,143 and $70,898	2,727,491	2,642,517
Premises and equipment	51,335	51,013
Federal Reserve and Federal Home Loan Bank stock	33,033	31,270
Interest receivable	16,506	17,723
Core deposit intangibles	8,649	9,114
Goodwill	141,357	141,357
Cash surrender value of life insurance	124,018	124,329
Other real estate owned	14,183	16,289
Tax asset, deferred and receivable	32,003	36,424
Other assets	13,996	12,613
TOTAL ASSETS	4,232,423	4,173,076
Deposits:
Noninterest-bearing	684,101	646,508
Interest-bearing	2,604,797	2,488,147
Total Deposits	3,288,898	3,134,655
Borrowings:
Federal funds purchased	652
Securities sold under repurchase agreements	160,127	156,305
Federal Home Loan Bank advances	96,847	138,095
Subordinated debentures and term loans	115,951	194,974
Total Borrowings	373,577	489,374
Interest payable	2,168	2,925
Other liabilities	32,104	31,655
Total Liabilities	3,696,747	3,658,609
COMMITMENTS AND CONTINGENT LIABILITIES
STOCKHOLDERS' EQUITY
Common Stock, $.125 stated value: Authorized - 50,000,000 shares Issued and outstanding - 28,643,264 and 28,559,707 shares	3,580	3,570
Additional paid-in capital	255,632	254,874
Retained earnings	188,863	168,717
Accumulated other comprehensive loss	(3,307)	(3,602)
Total Stockholders' Equity	535,676	514,467
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	4,232,423	4,173,076
Preferred stock, Series B
STOCKHOLDERS' EQUITY
Preferred Stock	90,783	90,783
Cumulative Preferred Stock
STOCKHOLDERS' EQUITY
Preferred Stock	$ 125	$ 125

CONSOLIDATED CONDENSED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2012	Dec. 31, 2011
Fair value of investment securities	$ 413,247	$ 442,469
Loans, allowance for loan losses	$ 70,143	$ 70,898
Common Stock, stated value	$ 0.125	$ 0.125
Common Stock, Authorized	50,000,000	50,000,000
Common Stock, shares Issued	28,643,264	28,559,707
Common Stock, shares outstanding	28,643,264	28,559,707
Preferred stock, Series B
Preferred Stock, no-par value	$ 0	$ 0
Preferred Stock, liquidation value	$ 1,000	$ 1,000
Preferred Stock, Authorized	500,000	500,000
Preferred Stock, Issued	90,782.94	90,782.94
Preferred Stock, outstanding	90,782.94	90,782.94
Cumulative Preferred Stock
Preferred Stock, par value	$ 1,000	$ 1,000
Preferred Stock, liquidation value	$ 1,000	$ 1,000
Preferred Stock, Authorized	600	600
Preferred Stock, Issued	125	125
Preferred Stock, outstanding	125	125

CONSOLIDATED CONDENSED STATEMENTS OF INCOME - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Loans receivable:
Taxable	$ 36,652	$ 37,457	$ 72,500	$ 76,195
Tax exempt	123	247	240	349
Investment securities:
Taxable	4,468	5,040	9,042	9,587
Tax exempt	2,551	2,535	5,113	5,088
Federal funds sold		1		3
Deposits with financial institutions	28	100	53	183
Federal Reserve and Federal Home Loan Bank stock	347	341	690	682
Total Interest Income	44,169	45,721	87,638	92,087
INTEREST EXPENSE
Deposits	3,939	5,864	8,049	12,730
Federal funds purchased	12	3	24	6
Securities sold under repurchase agreements	197	386	492	764
Federal Home Loan Bank advances	637	977	1,631	1,978
Subordinated debentures and term loans	1,331	2,644	3,273	5,285
Total Interest Expense	6,116	9,874	13,469	20,763
NET INTEREST INCOME	38,053	35,847	74,169	71,324
Provision for loan losses	4,545	5,625	9,420	11,219
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES	33,508	30,222	64,749	60,105
OTHER INCOME
Service charges on deposit accounts	2,893	2,997	5,712	5,776
Fiduciary activities	1,938	1,929	3,921	3,965
Other customer fees	3,150	2,634	5,736	4,869
Commission income	1,485	1,024	3,152	2,912
Earnings on cash surrender value of life insurance	662	571	2,040	1,149
Net gains and fees on sales of loans	2,314	1,030	4,266	2,903
Net realized gains on sales of available for sale securities	502	825	1,291	1,288
Other-than-temporary impairment on available for sale securities				(2,775)
Portion of loss recognized in other comprehensive income before taxes				2,375
Net impairment losses recognized in earnings				(400)
Gain on FDIC modified whole bank transaction			9,124
Other income	221	51	581	457
Total Other Income	13,165	11,061	35,823	22,919
OTHER EXPENSES
Salaries and employee benefits	19,641	18,560	38,995	35,736
Net occupancy	2,473	2,415	5,124	5,160
Equipment	1,656	1,677	3,461	3,460
Marketing	564	436	1,006	818
Outside data processing fees	1,506	1,458	2,882	2,903
Printing and office supplies	294	313	561	601
Core deposit amortization	480	1,101	949	2,202
FDIC assessments	862	1,451	1,979	3,555
Other real estate owned and credit-related expenses	2,122	2,843	4,308	6,038
Other expenses	4,582	4,145	8,943	7,807
Total Other Expenses	34,180	34,399	68,208	68,280
INCOME BEFORE INCOME TAX	12,493	6,884	32,364	14,744
Income tax expense	3,288	1,396	8,788	3,795
NET INCOME	9,205	5,488	23,576	10,949
Preferred stock dividends and discount accretion	(1,135)	(990)	(2,270)	(1,978)
NET INCOME AVAILABLE TO COMMON STOCKHOLDERS	$ 8,070	$ 4,498	$ 21,306	$ 8,971
Per Share Data:
Basic Net Income Available to Common Stockholders	$ 0.28	$ 0.18	$ 0.74	$ 0.35
Diluted Net Income Available to Common Stockholders	0.28	0.18	0.74	0.35
Cash Dividends Paid	$ 0.03	$ 0.01	$ 0.04	$ 0.02
Average Diluted Shares Outstanding	28,815,019	25,782,799	28,782,042	25,772,863

CONSOLIDATED CONDENSED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Net Income	$ 9,205	$ 5,488	$ 23,576	$ 10,949
Other comprehensive income net of tax:
Unrealized holding gain on securities available for sale arising during the period, net of income tax of $664, $1,099, $653, and $3,674	1,232	2,041	1,212	6,823
Unrealized loss on securities available for sale for which a portion of an other than temporary impairment has been recognized in income, net of tax of $24, $0, $31, and $844	(44)		(58)	(1,568)
Unrealized loss on cash flow hedges arising during the period, net of income tax of $567, $217, $404, and $170	(1,053)	(403)	(750)	(316)
Amortization of items previously recorded in accumulated other comprehensive income (loss), net of income tax of $113, $11, $393, and $20	209	(20)	730	(38)
Reclassification adjustment for gains included in net income net of income tax expense of $176, $289, $452, and $311	(326)	(537)	(839)	(577)
Other Comprehensive Income, net of tax	18	1,081	295	4,324
Comprehensive Income	$ 9,223	$ 6,569	$ 23,871	$ 15,273

- Definition

The change in equity [net assets] of a business enterprise during a period from transactions and other events and circumstances from non-owner sources which are attributable to the reporting entity. It includes all changes in equity during a period except those resulting from investments by owners and distributions to owners, but excludes any and all transactions which are directly or indirectly attributable to that ownership interest in subsidiary equity which is not attributable to the parent.

+ References + Details

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Net Income
-URI http://asc.fasb.org/extlink&oid=6518256

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 28
-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3602-108585

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 225
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04.19)
-URI http://asc.fasb.org/extlink&oid=6879464&loc=d3e573970-122913

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 225
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03.18)
-URI http://asc.fasb.org/extlink&oid=6880815&loc=d3e20235-122688

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 225
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04.22)
-URI http://asc.fasb.org/extlink&oid=6879464&loc=d3e573970-122913

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Other Comprehensive Income
-URI http://asc.fasb.org/extlink&oid=6519514

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=20435746&loc=d3e565-108580

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 38
-Subparagraph d
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 130
-Paragraph 10, 15
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph A7
-Appendix A

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Emerging Issues Task Force (EITF)
-Number 87-21
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 03
-Paragraph 19
-Article 5

Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 38
-Subparagraph a
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 15: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 95
-Paragraph 28, 29, 30
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 16: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 04
-Paragraph 20
-Article 9

+ Details

- Definition

Net of tax amount of the income statement impact of the reclassification adjustment for prior service costs recognized as a component of net period benefit cost.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 11
-URI http://asc.fasb.org/extlink&oid=20435746&loc=d3e637-108580

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 10A
-Subparagraph (j)
-URI http://asc.fasb.org/extlink&oid=20435746&loc=SL7669646-108580

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 158
-Paragraph 7
-Subparagraph a
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 130
-Paragraph 17, 19, 24
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 106
-Paragraph 52
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 38
-Subparagraph c(3)
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 158
-Paragraph 4
-Subparagraph c, d
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

- Definition

Net of tax amount of the income statement impact of the reclassification adjustment for unrealized gain (loss) realized upon the sale of available-for-sale securities.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 15
-URI http://asc.fasb.org/extlink&oid=20435746&loc=d3e689-108580

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 320
-SubTopic 10
-Section 50
-Paragraph 9
-Subparagraph (d)
-URI http://asc.fasb.org/extlink&oid=6872113&loc=d3e27357-111563

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Reclassification Adjustments
-URI http://asc.fasb.org/extlink&oid=6522872

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 11
-URI http://asc.fasb.org/extlink&oid=20435746&loc=d3e637-108580

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 130
-Paragraph 24
-Subparagraph b
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 38
-Subparagraph c(3)
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 130
-Paragraph 18, 19
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

- Definition

Net of tax amount, before reclassification adjustments, of the change in accumulated gain (loss) from derivative instruments designated and qualifying as the effective portion of cash flow hedges. Also includes an entity's share of an equity investee's increase (decrease) in deferred hedging gain (loss).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 10A
-Subparagraph (d)
-URI http://asc.fasb.org/extlink&oid=20435746&loc=SL7669646-108580

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 11
-URI http://asc.fasb.org/extlink&oid=20435746&loc=d3e637-108580

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 30
-Section 45
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6441202&loc=d3e80720-113993

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4C
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5624171-113959

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 130
-Paragraph 17, 20
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 130
-Paragraph 121
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 133
-Paragraph 46
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 130
-Paragraph 24
-Subparagraph b
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 38
-Subparagraph c(3)
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

- Definition

Net of tax amount of unrealized holding gain (loss) before reclassification adjustments and transfers on available-for-sale securities.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 10A
-Subparagraph (e)
-URI http://asc.fasb.org/extlink&oid=20435746&loc=SL7669646-108580

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 11
-URI http://asc.fasb.org/extlink&oid=20435746&loc=d3e637-108580

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 115
-Paragraph 13
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 130
-Paragraph 17, 22
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 130
-Paragraph 24
-Subparagraph b
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 38
-Subparagraph c(3)
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

CONSOLIDATED CONDENSED STATEMENTS OF COMPREHENSIVE INCOME (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Unrealized holding gain on securities available for sale arising during the period, income tax	$ 664	$ 1,099	$ 653	$ 3,674
Unrealized loss on securities available for sale for which a portion of an other than temporary impairment has been recognized in income, tax	24	0	31	844
Unrealized loss on cash flow hedges arising during the period, income tax	567	217	404	170
Amortization of items previously recorded in accumulated other comprehensive income (losses), income tax	113	11	393	20
Reclassification adjustment for gains included in net income, income tax expense	$ 176	$ 289	$ 452	$ 311

- Definition

Tax effect of the income statement impact of the reclassification adjustment for prior service costs recognized as a component of net period benefit cost.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 12
-URI http://asc.fasb.org/extlink&oid=20435746&loc=d3e640-108580

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 87
-Paragraph 25
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 38
-Subparagraph c(3)
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 130
-Paragraph 25
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 158
-Paragraph 7
-Subparagraph a
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

CONSOLIDATED CONDENSED STATEMENT OF STOCKHOLDERS' EQUITY - 6 months ended Jun. 30, 2012 - USD ($) $ in Thousands	Total	Preferred	Common Stock	Additional Paid in Capital	Retained Earnings	Accumulated Other Comprehensive Income (Loss)
Beginning Balance (in shares) at Dec. 31, 2011		90,908	28,559,707
Beginning Balance at Dec. 31, 2011	$ 514,467	$ 90,908	$ 3,570	$ 254,874	$ 168,717	$ (3,602)
Comprehensive Income
Net Income	23,576				23,576
Other Comprehensive Income, net of tax	295					295
Cash Dividends on Common Stock ($.04 per share)	(1,160)				(1,160)
Cash Dividends on Preferred Stock under Small Business Lending Fund	(2,270)				(2,270)
Share-based Compensation (in shares)			73,469
Share-based Compensation	686		$ 9	677
Stock Issued Under Employee Benefit Plans (in shares)			23,495
Stock Issued Under Employee Benefit Plans	225		$ 3	222
Stock Issued Under Dividend Reinvestment and Stock Purchase Plan (in shares)			7,625
Stock Issued Under Dividend Reinvestment and Stock Purchase Plan	87		$ 1	86
Stock Redeemed (in shares)			(21,032)
Stock Redeemed	(230)		$ (3)	(227)
Ending Balance (in shares) at Jun. 30, 2012		90,908	28,643,264
Ending Balance at Jun. 30, 2012	$ 535,676	$ 90,908	$ 3,580	$ 255,632	$ 188,863	$ (3,307)

CONSOLIDATED CONDENSED STATEMENT OF STOCKHOLDERS' EQUITY (Parenthetical) - $ / shares	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Cash Dividends on Common Stock, per share	$ 0.03	$ 0.01	$ 0.04	$ 0.02

CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011
Cash Flow From Operating Activities:
Net Income	$ 23,576	$ 10,949
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for loan losses	9,420	11,219
Depreciation and amortization	2,348	2,571
Change in deferred taxes	7,452	4,697
Share-based compensation	686	718
Mortgage loans originated for sale	(177,645)	(106,979)
Proceeds from sales of mortgage loans	180,231	123,602
Gain on acquisition	(9,124)
Gains on sales of securities available for sale	(1,291)	(1,288)
Recognized loss on other-than-temporary-impairment		400
Change in interest receivable	1,745	1,673
Change in interest payable	(1,124)	(661)
Other adjustments	1,297	10,553
Net cash provided by operating activities	37,571	57,454
Cash Flows from Investing Activities:
Net change in interest-bearing deposits	23,004	49,351
Purchases of:
Securities available for sale	(82,459)	(93,887)
Securities held to maturity	(566)	(75,971)
Proceeds from sales of securities available for sale	26,351	25,911
Proceeds from maturities of:
Securities available for sale	47,379	22,237
Securities held to maturity	30,131	15,362
Change in Federal Reserve and Federal Home Loan Bank stock	(2)	2,500
Purchase of bank owned life insurance		(5,000)
Net change in loans	(4,579)	80,883
Net cash received from acquisition	17,200
Proceeds from the sale of other real estate owned	3,437	5,349
Other adjustments	(1,216)	7,929
Net cash provided by investing activities	58,680	34,664
Net change in :
Demand and savings deposits	93,510	(12,918)
Certificates of deposit and other time deposits	(65,176)	(113,429)
Borrowings	31,755	62,351
Repayment of borrowings	(157,811)	(33,634)
Cash dividends on common stock	(1,160)	(518)
Cash dividends on preferred stock	(2,270)	(1,740)
Stock issued under dividend reinvestment and stock purchase plans	312	461
Stock redeemed	(230)	(124)
Net cash used in financing activities	(101,070)	(99,551)
Net Change in Cash and Cash Equivalents	(4,819)	(7,433)
Cash and Cash Equivalents, January 1	73,312	58,307
Cash and Cash Equivalents, June 30	68,493	50,874
Additional cash flow information:
Interest paid	14,226	21,424
Income tax paid	3,988	2,977
Loans transferred to other real estate owned	3,199	3,814
Non-cash investing activities using trade date accounting	$ 757	$ 1,036

General

6 Months Ended

Jun. 30, 2012

General

NOTE 1. General

Financial Statement Preparation

The significant accounting policies followed by First Merchants Corporation (the “Corporation”) and its wholly owned subsidiaries for interim financial reporting are consistent with the accounting policies followed for annual financial reporting. All adjustments, which are of a normal recurring nature and are in the opinion of management necessary for a fair statement of the results for the periods reported, have been included in the accompanying consolidated condensed financial statements.

The consolidated condensed balance sheet of the Corporation as of December 31, 2011, has been derived from the audited consolidated balance sheet of the Corporation as of that date. Certain information and note disclosures normally included in the Corporation’s annual financial statements, prepared in accordance with accounting principles generally accepted in the United States of America, have been condensed or omitted. These consolidated condensed financial statements should be read in conjunction with the consolidated financial statements and notes thereto included in the Corporation’s Form 10-K annual report filed with the Securities and Exchange Commission. The results of operations for the six months ended June 30, 2012, are not necessarily indicative of the results to be expected for the year.

- Definition

The entire disclosure for organization, consolidation and basis of presentation of financial statements disclosure.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 275
-SubTopic 10
-URI http://asc.fasb.org/subtopic&trid=2134480

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 852
-SubTopic 10
-URI http://asc.fasb.org/subtopic&trid=2209116

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 10
-URI http://asc.fasb.org/subtopic&trid=2122150

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-URI http://asc.fasb.org/subtopic&trid=2197480

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 50
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=7880789&loc=SL6228881-111685

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 272
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6373374&loc=d3e70478-108055

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 720
-SubTopic 15
-URI http://asc.fasb.org/subtopic&trid=2122524

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 10
-Section 45
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=7668296&loc=d3e288-107754

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 915
-SubTopic 235
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6472506&loc=d3e38932-110933

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6367646&loc=d3e18780-107790

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=18733093&loc=d3e5614-111684

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6359566&loc=d3e326-107755

Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Statement of Position (SOP)
-Number 94-6
-Paragraph 10
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 2-6
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 15: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name FASB Interpretation (FIN)
-Number 46R
-Paragraph 4, 14, 15
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 16: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name FASB Staff Position (FSP)
-Number FAS140-4/FIN46(R)-8
-Paragraph 8, C1, C7
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Purchase and Assumption

6 Months Ended

Jun. 30, 2012

Purchase and Assumption

NOTE 2. Purchase and Assumption

Effective February 10, 2012, the Bank assumed substantially all of the deposits and certain other liabilities and acquired certain assets of SCB Bank, a federal savings bank headquartered in Shelbyville, Indiana, from the Federal Deposit Insurance Corporation (“FDIC”), as receiver for SCB Bank (the “Acquisition”), pursuant to the terms of the Purchase and Assumption Agreement – Modified Whole Bank; All Deposits (the “Agreement”), entered into by the Bank, the FDIC as receiver of SCB Bank and the FDIC.

Under the terms of the Agreement, the Bank acquired $147.7 million in assets, including approximately $11.9 million of cash and cash equivalents, $18.9 million of marketable securities, $1.8 million in Federal Home Loan Bank stock, $113.0 million in loans and $2.1 million of premises and other assets. The Bank assumed approximately $135.7 million of liabilities, including approximately $125.7 million in customer deposits, $9.6 million of other borrowed money and $402,000 in other liabilities. These balances are book balances and do not reflect the fair value adjustments which are shown on the following table. The acquisition did not include any loss sharing agreement with the FDIC.

The bid accepted by the FDIC included no deposit premium. The assets were acquired at a discount of $29.0 million from book value. The FDIC made a payment of $17.2 million to the Bank upon the final closing date balance sheet for SCB Bank that reflected the difference between the purchase price of the assets acquired and the value of the liabilities assumed.

The Bank engaged in this transaction with the expectation that it would be immediately accretive and add a new market area with a demographic profile consistent with many of the current Indiana markets served by the Bank.

The transaction was accounted for under the acquisition method of accounting in accordance with the Business Combination topic of the FASB Accounting Standards Codification (“ASC 310-20 and 310-30”). The statement of net assets and liabilities acquired as of February 10, 2012, are presented below. The assets and liabilities of SCB were recorded at the respective acquisition date provisional fair values, and identifiable intangible assets were recorded at provisional fair value.

Assets			Liabilities
Cash and due from banks (1)	$	29,113	Deposits:
Investment securities, available for sale		18,896	Non-interest bearing	$	13,715
Federal Home Loan Bank stock		1,761	NOW accounts		14,746
Loans:			Savings and money market		25,843
Commercial		51,042	Certificate of deposit		71,605
Residential mortgage		11,181	Total Deposits		125,909
Installment		31,570
Total Loans		93,793	Federal Home Loan Bank advances		10,286
			Other liabilities		804
Premises		1,516	Total Liabilities Assumed	$	136,999
Core deposit intangible		484
Other assets		560	Net Gain on Acquisition	$	9,124
Total Assets Purchased	$	146,123

(1)	Includes $17,200,000 cash received from the FDIC.

In many cases, the fair values of assets acquired and liabilities assumed were determined by estimating cash flows expected to result from those assets and liabilities and discounting them at appropriate market rates. The most significant category of assets for which this procedure was used was acquired loans. The Bank acquired the $113.0 million loan portfolio at a fair value discount of $19.2 million. The performing portion of the portfolio, $86.3 million, had an estimated fair value of $76.5 million. The excess of expected cash flows above the fair value of the performing portion of loans will be accreted to interest income over the remaining lives of the loans in accordance with ASC 310-20.

Certain loans for which specific credit-related deterioration has occurred since origination are recorded at fair value which is derived from calculating the present value of the amounts expected to be collected. Income recognition on these loans is based on reasonable expectation about the timing and amount of cash flows to be collected. Many of the acquired loans deemed impaired and considered collateral dependent, with the timing of a sale of loan collateral indeterminate, remain on non-accrual status and have no accretable yield.

In accordance with ASC 310-30 (formerly Statement of Position (“SOP”) 03-3 as of February 10, 2012, loans acquired during 2012 for which it was probable at acquisition that all contractually required payments would not be collected are as follows:

Preliminary estimate of contractually required principal and interest at acquisition	$	31,143
Preliminary estimate of contractual cash flows not expected to be collected (nonaccretable differences)		9,688
Preliminary estimate of expected cash flows at acquisition		21,455
Preliminary estimate of interest component of expected cash flows (accretable discount)		4,152
Preliminary estimate of fair value of acquired loans accounted for under ASC 310-30	$	17,303

Pro-forma statements were determined to be impracticable due to the nature of the transaction as certain assets were not purchased.

The carrying amount of these loans is included in the balance sheet amounts of loans receivable at June 30, 2012. The amounts of loans at June 30, 2012, are as follows:

	June 30,
	2012
Commercial and industrial loans	$	12,126
Agricultural production finance and other loans to farmers		1,479
Real estate loans
Construction		91
Commercial and farmland		29,611
Residential		34,151
Individuals' loans for household and other personal expenditures		1,152
Other loans		1,025
Total	$	79,635

Accretable yield, or income expected to be collected, is as follows:

	June 30,
	2012
Beginning balance, February 10, 2012	$	9,774
Accretions		(726	)
Ending balance, June 30, 2012	$	9,048

At June 30, 2012, specific reserves of $563,000 were included in the allowance for loan losses.

- Definition

The entire disclosure for a business combination (or series of individually immaterial business combinations) completed during the period, including background, timing, and recognized assets and liabilities. The disclosure may include leverage buyout transactions (as applicable).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=7659399&loc=d3e1497-128463

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=7659399&loc=d3e1490-128463

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=7659399&loc=d3e1392-128463

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 30
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=7488404&loc=d3e7008-128479

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=7659399&loc=d3e1486-128463

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 30
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=7488404&loc=d3e6927-128479

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6910749&loc=d3e4845-128472

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=7659399&loc=d3e1500-128463

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=7659399&loc=d3e1524-128463

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 30
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=7488404&loc=d3e7000-128479

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 20
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6910749&loc=d3e4922-128472

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 20
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=6910749&loc=d3e4934-128472

Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 20
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6910749&loc=d3e4926-128472

Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 30
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=7488404&loc=d3e6996-128479

Reference 15: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=7659399&loc=d3e1383-128463

Reference 16: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Emerging Issues Task Force (EITF)
-Number 88-16
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 17: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141R
-Paragraph F4
-Subparagraph e
-Appendix F

Reference 18: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141
-Paragraph 51, 52
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 19: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141R
-Paragraph 67-73
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Investment Securities

6 Months Ended

Jun. 30, 2012

Investment Securities

NOTE 3. Investment Securities

The amortized cost, gross unrealized gains, gross unrealized losses and approximate fair values of the investment securities at the dates indicated were:

	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Value
Available for sale at June 30, 2012
U.S. Government-sponsored agency securities	$	4,841	$	92			$	4,933
State and municipal		136,011		9,614	$	28		145,597
U.S. Government-sponsored mortgage-backed securities		371,971		11,644		53		383,562
Corporate obligations		16,947		419		5,737		11,629
Equity securities		1,830						1,830
Total available for sale		531,600		21,769		5,818		547,551
Held to maturity at June 30, 2012
State and municipal		119,222		4,250		1		123,471
U.S. Government-sponsored mortgage-backed securities		277,548		12,228				289,776
Total held to maturity		396,770		16,478		1		413,247
Total Investment Securities	$	928,370	$	38,247	$	5,819	$	960,798

	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Value
Available for sale at December 31, 2011
U.S. Government-sponsored agency securities	$	99	$	18			$	117
State and municipal		136,857		10,496				147,353
U.S. Government-sponsored mortgage-backed securities		358,928		10,086	$	16		368,998
Corporate obligations		5,765				5,572		193
Equity securities		1,830						1,830
Total available for sale		503,479		20,600		5,588		518,491
Held to maturity at December 31, 2011
State and municipal		120,171		3,785				123,956
U.S. Government-sponsored mortgage-backed securities		307,738		10,775				318,513
Total held to maturity		427,909		14,560				442,469
Total Investment Securities	$	931,388	$	35,160	$	5,588	$	960,960

The amortized cost and fair value of available for sale securities and held to maturity securities at June 30, 2012, by contractual maturity, are shown below. Expected maturities will differ from contractual maturities because issuers may have the right to call or prepay obligations with or without call or prepayment penalties.

	Available for Sale				Held to Maturity
	Amortized Cost		Fair Value		Amortized Cost		Fair Value
Maturity Distribution at June 30, 2012:
Due in one year or less	$	5,513	$	5,574	$	3,345	$	3,345
Due after one through five years		19,028		19,909		2,953		2,979
Due after five through ten years		29,106		30,906		51,873		53,415
Due after ten years		104,152		105,770		61,051		63,732
	$	157,799	$	162,159	$	119,222	$	123,471

U.S. Government-sponsored mortgage-backed securities		371,971		383,562		277,548		289,776
Equity securities		1,830		1,830
Total Investment Securities	$	531,600	$	547,551	$	396,770	$	413,247

The carrying value of securities pledged as collateral, to secure public deposits and for other purposes, was $363,579,000 at June 30, 2012, and $299,478,000 at December 31, 2011.

The book value of securities sold under agreements to repurchase amounted to $145,705,000 at June 30, 2012, and $129,311,000 at December 31, 2011.

Gross gains and losses on the sales and redemptions of available for sale securities, and other-than-temporary impairment (“OTTI”) losses recognized for the three and six months ended June 30, 2012 and 2011 are shown below.

	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2012		2011		2012		2011
Sales and Redemptions of Available for Sale Securities:
Gross gains	$	502	$	825	$	1,291	$	1,288
Other-than-temporary impairment losses							$	400

The Corporation’s management has evaluated all securities with unrealized losses for OTTI as of June 30, 2012. The evaluations are based on the nature of the securities, the extent and duration of the loss and the intent and ability of the Corporation to hold these securities either to maturity or through the expected recovery period.

The current unrealized losses are primarily concentrated within trust preferred securities held by the Corporation. Such investments have an amortized cost of $5.9 million and a fair value of $168,000, which is less than 1 percent of the Corporation’s entire investment portfolio. On all but one small pool investment, the Corporation utilized Moody’s to determine their fair value.

In determining the fair value of the trust preferred securities, the Corporation utilizes a third party for portfolio accounting services, including market value input. The Corporation has obtained an understanding of what inputs are being used by the vendor in pricing the portfolio and how the vendor was classifying these securities based upon these inputs. From these discussions, the Corporation’s management is comfortable that the classifications are proper. The Corporation has gained trust in the data for two reasons: (a) independent spot testing of the data is conducted by the Corporation through obtaining market quotes from various brokers on a periodic basis and (b) actual gains or loss resulting from the sale of certain securities has proven the data to be accurate over time. Discount rates used in the cash flow analysis on these variable rate securities were those margins in effect at the inception of the security added to the appropriate three-month LIBOR spot rate obtained from the forward LIBOR curve used to project future principal and interest payments. These spreads ranged from .85 percent to 1.57 percent spread over LIBOR.

The following table shows the Corporation’s investments’ gross unrealized losses and fair value, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position at June 30, 2012, and December 31, 2011:

	Less than 12 Months					12 Months or Longer					Total
	Fair Value		Gross Unrealized Losses			Fair Value		Gross Unrealized Losses			Fair Value		Gross Unrealized Losses
Temporarily Impaired Investment
Securities at June 30, 2012
State and municipal	$	4,545	$	(29	)						$	4,545	$	(29	)
U.S. Government-sponsored mortgage-backed securities		7,817		(53	)							7,817		(53	)
Corporate obligations						$	168	$	(5,737	)		168		(5,737	)
Total Temporarily Impaired Investment Securities	$	12,362	$	(82	)	$	168	$	(5,737	)	$	12,530	$	(5,819	)

	Less than 12 Months					12 Months or Longer					Total
	Fair Value		Gross Unrealized Losses			Fair Value		Gross Unrealized Losses			Fair Value		Gross Unrealized Losses
Temporarily Impaired Investment
Securities at December 31, 2011
State and municipal
U.S. Government-sponsored mortgage-backed securities	$	6,176	$	(16	)						$	6,176	$	(16	)
Corporate obligations						$	163	$	(5,572	)		163		(5,572	)
Total Temporarily Impaired Investment Securities	$	6,176	$	(16	)	$	163	$	(5,572	)	$	6,339	$	(5,588	)

Certain investments in debt and equity securities are reported in the financial statements at an amount less than their historical cost as indicated in the table below.

	June 30, 2012			December 31, 2011
Investments reported at less than historical cost:
Historical cost	$	18,349		$	11,925
Fair value	$	12,530		$	6,339
Percent of the Corporation's available for sale and held to maturity portfolio		1.3	%		0.7	%

Except as discussed below, management believes the declines in fair value for these securities are temporary. Should the impairment of any of these securities become other than temporary, the cost basis of the investment will be reduced and the resulting loss recognized in net income in the period the OTTI is identified.

U.S. Government-Sponsored Mortgage-Backed Securities

The unrealized losses on the Corporation’s investment in U.S. Government-sponsored mortgage-backed securities were a result of changes in interest rates. The Corporation expects to recover the amortized cost basis over the term of the securities as the decline in market value is attributable to changes in interest rates and not credit quality. The Corporation does not intend to sell the investment and it is not more likely than not that the Corporation will be required to sell the investment before recovery of its new, lower amortized cost basis, which may be maturity. The Corporation does not consider the investment securities to be other-than-temporarily impaired at June 30, 2012.

State and Municipal

The unrealized losses on the Corporation’s investments in securities of state and political subdivisions were caused by changes in interest rates. The contractual terms of those investments do not permit the issuer to settle the securities at a price less than the amortized cost basis of the investments. The Corporation does not intend to sell the investment and it is not more likely than not that the Corporation will be required to sell the investment before recovery of its new, lower amortized cost basis, which may be maturity. The Corporation does not consider the investment securities to be other-than-temporarily impaired at June 30, 2012.

Corporate Obligations

The Corporation’s unrealized losses on Corporate Obligations were due to the decline in value related to the pooled trust preferred securities, and is attributable to temporary illiquidity and the financial crisis affecting these markets, coupled with the potential credit loss resulting from the adverse change in expected cash flows. Due to the illiquidity in the market, it is unlikely that the Corporation would be able to recover its investment in these securities if the Corporation sold the securities at this time. Management has analyzed the cash flow characteristics of the securities and this analysis included utilizing the most recent trustee reports and any other relevant market information, including announcements of deferrals or defaults of trust preferred securities. The Corporation compared expected discounted cash flows, based on performance indicators of the underlying assets in the security, to the carrying value of the investment to determine if OTTI existed. The Corporation does not consider the remainder of the investment securities, which are classified as Level 3 inputs in the fair value hierarchy, to be other-than-temporarily impaired at June 30, 2012. The Corporation does not intend to sell the investment, and it is not more likely than not that the Corporation will be required to sell the investment before recovery of its new, lower amortized cost basis, which may be maturity.

Credit Losses Recognized on Investments

Certain debt securities have experienced fair value deterioration due to credit losses and other market factors. The following table provides information about debt securities for which only a credit loss was recognized in income and other losses were recorded in other comprehensive income.

	Accumulated Credit Losses in 2012		Accumulated Credit Losses in 2011
Credit losses on debt securities held:
Balance, January 1	$	11,355	$	10,955
Additions related to other-than-temporary losses not previously recognized				400
Balance, June 30	$	11,355	$	11,355

- Definition

The entire disclosure for investments in certain debt and equity securities.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 320
-Glossary Debt Security
-URI http://asc.fasb.org/extlink&oid=6509901

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 30
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6379141&loc=d3e15032-111544

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 320
-SubTopic 10
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=6872113&loc=d3e27290-111563

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 320
-Glossary Equity Security
-URI http://asc.fasb.org/extlink&oid=6511694

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 320
-SubTopic 10
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=6872113&loc=d3e27232-111563

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 320
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6957658&loc=d3e62557-112803

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 320
-SubTopic 10
-Section 50
-Paragraph 9
-URI http://asc.fasb.org/extlink&oid=6872113&loc=d3e27357-111563

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 320
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6872113&loc=d3e27161-111563

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 320
-SubTopic 10
-Section 50
-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=6872113&loc=d3e27405-111563

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 115
-Paragraph 3, 19, 20, 21, 22, 137
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Loans and Allowance

6 Months Ended

Jun. 30, 2012

Loans and Allowance

NOTE 4. Loans and Allowance

The Corporation’s primary lending focus is small business and middle market commercial, residential real estate, auto and small consumer lending, which results in portfolio diversification. The following tables show the composition in the loan portfolio, loan grades and the allowance for loan losses excluding loans held for sale. Residential real estate loans held for sale at June 30, 2012, and December 31, 2011, were $15,278,000 and $17,864,000, respectively.

Effective February 10, 2012, the Bank assumed $113.0 million in loans as part of the Purchase and Assumption Agreement discussed in NOTE 2. PURCHASE AND ASSUMPTION included in the Notes to Consolidated Condensed Financial Statements of this Form 10-Q. This loan portfolio was acquired at a fair value discount of $19.2 million.

The following table shows the composition of the corporation’s loan portfolio by loan class for the periods indicated:

	June 30,			December 31,
	2012			2011
Loans:
Commercial and industrial loans	$	552,353		$	532,523
Agricultural production financing and other loans to farmers		106,135			104,526
Real estate loans:
Construction		99,588			81,780
Commercial and farm land		1,219,114			1,194,230
Residential		480,917			481,493
Home Equity		207,250			191,631
Individual's loans for household and other personal expenditures		83,933			84,172
Lease financing receivables, net of unearned income		2,976			3,555
Other loans		45,368			39,505
		2,797,634			2,713,415
Allowance for loan losses		(70,143	)		(70,898	)
Total Loans	$	2,727,491		$	2,642,517

The Corporation maintains an allowance for loan losses to cover probable credit losses identified during its loan review process. The allowance is increased by the provision for loan losses and decreased by charge offs less recoveries. All charge offs are approved by the Bank’s senior loan officers or loan committees, depending on the amount of the charge off, and are reported to the Bank’s Board of Directors. The Bank charges off loans when a determination is made that all or a portion of a loan is uncollectible. The allowance for loan losses is maintained through the provision for loan losses, which is a charge against earnings.

The amount provided for loan losses in a given period may be greater than or less than net loan losses, and is based on management’s judgment as to the appropriate level of the allowance for loan losses. The determination of the provision amount in a given period is based on management’s continuing review and evaluation of the loan portfolio, including an internally administered loan "watch" list and an independent loan review. The evaluation takes into consideration identified credit problems, the possibility of losses inherent in the loan portfolio that are not specifically identified and management’s judgment as to the impact of current economic conditions on the portfolio.

Management believes that the allowance for loan losses is adequate to cover probable incurred losses inherent in the loan portfolio at June 30, 2012. The process for determining the adequacy of the allowance for loan losses is critical to the Corporation’s financial results. It requires management to make difficult, subjective and complex judgments, as estimates about the effect of uncertain matters are needed. The allowance for loan losses considers current factors, including economic conditions and ongoing internal and external examination processes, and will increase or decrease as deemed necessary to ensure the allowance for loan losses remains adequate. In addition, the allowance as a percentage of charge offs and nonperforming loans will change at different points in time based on credit performance, loan mix and collateral values.

The historical loss allocation for loans not deemed impaired according to ASC 310 is the product of the volume of loans within the non-impaired criticized and non-criticized risk grade classifications, each segmented by call code, and the historical loss factor for each respective classification and call code segment. The historical loss factors are based upon actual loss experience within each risk and call code classification. The historical look back period for non-criticized loans looks to the most recent rolling-four-quarter average and aligns with the look back period for non-impaired criticized loans. Each of the rolling four quarter periods used to obtain the average, include all charge offs for the previous twelve-month period, therefore the historical look back period includes seven quarters. The resulting allocation is reflective of current conditions. Criticized loans are grouped based on the risk grade assigned to the loan. Loans with a special mention grade are assigned a loss factor, and loans with a classified grade but not impaired are assigned a separate loss factor. The loss factor computation for this allocation includes a segmented historical loss migration analysis of criticized risk grades to charge off.

In addition to the specific reserves and historical loss components of the allowance, consideration is given to various environmental factors to help ensure that losses inherent in the portfolio are reflected in the allowance for loan losses. The environmental component adjusts the historical loss allocations for commercial and consumer loans to reflect relevant current conditions that, in management’s opinion, have an impact on loss recognition. Environmental factors that management reviews in the analysis include: national and local economic trends and conditions; trends in growth in the loan portfolio and growth in higher risk areas; levels of, and trends in, delinquencies and non-accruals; experience and depth of lending management and staff; adequacy of, and adherence to, lending policies and procedures including those for underwriting; industry concentrations of credit; and adequacy of risk identification systems and controls through the internal loan review and internal audit processes.

The risk characteristics of the Corporation’s material portfolio segments are as follows:

Commercial

Commercial loans are primarily based on the identified cash flows of the borrower and secondarily on the underlying collateral provided by the borrower. The cash flows of borrowers, however, may not be as expected and the collateral securing these loans may fluctuate in value. Most commercial loans are secured by the assets being financed or other business assets such as accounts receivable or inventory and may incorporate a personal guarantee; however, some short-term loans may be made on an unsecured basis. In the case of loans secured by accounts receivable, the availability of funds for the repayment of these loans may be substantially dependent on the ability of the borrower to collect amounts due from its customers.

Commercial real estate

These loans are viewed primarily as cash flow loans and secondarily as loans secured by real estate. Commercial real estate lending typically involves higher loan principal amounts and the repayment of these loans is generally dependent on the successful operation of the property securing the loan or the business conducted on the property securing the loan. Commercial real estate loans may be more adversely affected by conditions in the real estate markets or in the general economy. Management monitors and evaluates commercial real estate loans based on collateral and risk grade criteria. In addition, management tracks the level of owner-occupied commercial real estate loans versus non-owner occupied loans.

Residential and Consumer

With respect to residential loans that are secured by 1-4 family residences and are generally owner occupied, the Corporation generally establishes a maximum loan-to-value ratio and requires PMI if that ratio is exceeded. Home equity loans are typically secured by a subordinate interest in 1-4 family residences, and consumer loans are secured by consumer assets such as automobiles or recreational vehicles. Some consumer loans are unsecured such as small installment loans and certain lines of credit. Repayment of these loans is primarily dependent on the personal income and credit rating of the borrowers, which can be impacted by economic conditions in their market areas such as unemployment levels. Repayment can also be impacted by changes in property values on residential properties. Risk is mitigated by the fact that the loans are of smaller individual amounts and spread over a large number of borrowers.

The following tables summarize changes in the allowance for loan losses by loan segment for the three and six months ended June 30, 2012 and June 30, 2011:

	Three Months Ended June 30, 2012
	Commercial			Real Estate Commercial			Consumer			Residential			Finance Leases	Total
Allowance for loan losses:
Balances, April 1	$	15,574		$	37,907		$	2,805		$	14,083			$	70,369
Provision for losses		4,325			(750	)		(177	)		1,147				4,545
Recoveries on loans		519			1,636			168			481				2,804
Loans charged off		(2,627	)		(3,660	)		(365	)		(923	)			(7,575	)
Balances, June 30, 2012	$	17,791		$	35,133		$	2,431		$	14,788			$	70,143

	Six Months Ended June 30, 2012
	Commercial			Real Estate Commercial			Consumer			Residential			Finance Leases			Total
Allowance for loan losses:
Balances, January 1	$	17,731		$	37,919		$	2,902		$	12,343		$	3		$	70,898
Provision for losses		4,902			1,028			(161	)		3,655			(4	)		9,420
Recoveries on loans		667			1,864			376			794			1			3,702
Loans charged off		(5,509	)		(5,678	)		(686	)		(2,004	)					(13,877	)
Balances, June 30, 2012	$	17,791		$	35,133		$	2,431		$	14,788					$	70,143

	Three Months Ended June 30, 2011
	Commercial			Real Estate Commercial			Consumer			Residential			Finance Leases			Total
Allowance for loan losses:
Balances, April 1	$	30,206		$	37,240		$	3,098		$	10,371		$	21		$	80,936
Provision for losses		(11,993	)		14,264			(253	)		3,617			(10	)		5,625
Recoveries on loans		6,351			545			332			225			3			7,456
Loans charged off		(849	)		(13,381	)		(318	)		(2,336	)					(16,884	)
Balances, June 30, 2011	$	23,715		$	38,668		$	2,859		$	11,877		$	14		$	77,133

	Six Months Ended June 30, 2011
	Commercial			Real Estate Commercial			Consumer			Residential			Finance Leases			Total
Allowance for loan losses:
Balances, January 1	$	32,508		$	36,341		$	3,622		$	10,408		$	98		$	82,977
Provision for losses		(13,875	)		21,190			(468	)		4,459			(87	)		11,219
Recoveries on loans		6,998			866			618			697			3			9,182
Loans charged off		(1,916	)		(19,729	)		(913	)		(3,687	)					(26,245	)
Balances, June 30, 2011	$	23,715		$	38,668		$	2,859		$	11,877		$	14		$	77,133

The following table shows the Corporation’s allowance for credit losses and loan portfolio by loan segment for the periods indicated:

	June 30, 2012
	Commercial		Commercial Real Estate		Consumer		Residential		Finance Leases		Total
Allowance Balances:
Individually evaluated for impairment	$	2,447	$	2,202			$	1,427			$	6,076
Collectively evaluated for impairment		15,344		32,931	$	2,431		13,361				64,067
Total Allowance for Loan Losses	$	17,791	$	35,133	$	2,431	$	14,788			$	70,143

Loan Balances:
Individually evaluated for impairment	$	16,596	$	56,343	$	139	$	15,204			$	88,282
Collectively evaluated for impairment		687,260		1,262,359		83,794		672,963	$	2,976		2,709,352
Total Loans	$	703,856	$	1,318,702	$	83,933	$	688,167	$	2,976	$	2,797,634

	December 31, 2011
	Commercial		Commercial Real Estate		Consumer		Residential		Finance Leases		Total
Allowance Balances:
Individually evaluated for impairment	$	4,701	$	2,504			$	733			$	7,938
Collectively evaluated for impairment		13,030		35,415	$	2,902		11,610	$	3		62,960
Total Allowance for Loan Losses	$	17,731	$	37,919	$	2,902	$	12,343	$	3	$	70,898

Loan Balances:
Individually evaluated for impairment	$	18,793	$	51,980			$	12,546			$	83,319
Collectively evaluated for impairment		657,760		1,224,031	$	84,172		660,578	$	3,555		2,630,096
Total Loans	$	676,553	$	1,276,011	$	84,172	$	673,124	$	3,555	$	2,713,415

Loans are reclassified to a non-accruing status when, in management’s judgment, the collateral value and financial condition of the borrower do not justify accruing interest. Interest previously recorded, but not deemed collectible, is reversed and charged against current income. Payments subsequently received on nonaccrual loans are applied to principal. A loan is returned to accrual status when principal and interest are no longer past due and collectability is probable, typically after a minimum of six consecutive months of performance. Payments received on impaired accruing or delinquent loans are applied to interest income as accrued.

The following table summarizes the Corporation’s non-accrual loans by loan class for the periods indicated:

	June 30,		December 31,
	2012		2011
Commercial and Industrial	$	13,723	$	12,246
Agriculture production financing and other loans
Real Estate Loans:
Construction		7,630		8,990
Commercial and farm land		26,838		31,093
Residential		12,583		14,805
Home Equity		1,855		1,896
Individuals loans for household and other personal expenditures		146		1
Lease financing receivables, net of unearned income		345
Other Loans		7		561
Total	$	63,127	$	69,592

Impaired loans include all non-accrual loans and renegotiated loans as well as substandard, doubtful and loss grade loans that were still accruing but deemed impaired according to guidance set forth in ASC 310. Also included in impaired loans are accruing loans that are contractually past due 90 days or more. A loan is deemed impaired when, based on current information or events, it is probable that all amounts due of principal and interest according to the contractual terms of the loan agreement will not be collected.

Impaired loans are measured by the present value of expected future cash flows or the fair value of the collateral of the loans, if collateral dependent. The fair value for impaired loans is measured based on the value of the collateral securing those loans and is determined using several methods. The fair value of real estate is generally based on appraisals by qualified licensed appraisers. The appraisers typically determine the value of the real estate by utilizing an income or market valuation approach. If an appraisal is not available, the fair value may be determined by using a cash flow analysis. Fair value on other collateral, such as business assets, is typically valued by using financial information such as financial statements and aging reports provided by the borrower and is discounted as considered appropriate.

The following table shows the composition of the Corporation’s commercial impaired loans by loan class as of June 30, 2012:

							Three Months Ended				Six Months Ended
	June 30, 2012						June 30, 2012				June 30, 2012
	Unpaid Principal Balance		Recorded Investment		Related Allowance		Average Recorded Investment		Interest Income Recognized		Average Recorded Investment		Interest Income Recognized
Impaired loans with no related allowance:
Commercial and industrial	$	26,307	$	10,487			$	11,411	$	39	$	12,418	$	64
Real Estate Loans:
Construction		12,309		7,197				8,040		16		8,581		29
Commercial and farm land		57,740		38,884				41,084		315		42,615		575
Residential		8,372		5,589				5,815		15		6,072		26
Home equity		3,754		567				570		3		585		6
Individuals loans for household and								139				139
other personal expenditures		283		139
Other loans		91		18				18				19
Total	$	108,856	$	62,881			$	67,077	$	388	$	70,429	$	700

Impaired loans with related allowance:
Commercial and industrial	$	6,523	$	6,091	$	2,447	$	6,111	$	11	$	6,136	$	21
Real Estate Loans:
Construction		2,176		1,931		235		1,931				1,936
Commercial and farm land		9,671		8,330		1,967		8,369		45		8,505		89
Residential		2,115		2,008		552		2,012		19		1,993		38
Home equity
Individuals loans for household and
other personal expenditures
Other loans
Total	$	20,485	$	18,360	$	5,201	$	18,423	$	75	$	18,570	$	148
Total Impaired Loans	$	129,341	$	81,241	$	5,201	$	85,500	$	463	$	88,999	$	848

The following table shows the composition of the Corporation’s commercial impaired loans by loan class as of December 31, 2011:

	December 31,2011
	Unpaid Principal Balance		Recorded Investment		Related Allowance		Average Recorded Investment		Interest Income Recognized
Impaired loans with no related allowance:
Commercial and industrial	$	23,364	$	10,116			$	13,399	$	615
Real Estate Loans:
Construction		14,301		7,701				8,836
Commercial and farm land		49,242		34,571				39,032		591
Residential		7,491		6,185				6,539		20
Home equity		4,425		1,241				1,500		15
Individuals loans for household and
other personal expenditures
Other loans		99		21				24
Total	$	98,922	$	59,835			$	69,330	$	1,241

Impaired loans with related allowance:
Commercial and industrial	$	8,691	$	8,104	$	4,142	$	8,196	$	174
Real Estate Loans:
Construction		961		961		321		961
Commercial and farm land		12,115		8,748		2,183		10,028		140
Residential		1,888		1,575		391		1,687		7
Home equity
Individuals loans for household and
other personal expenditures
Other loans		579		552		559		590
Total	$	24,234	$	19,940	$	7,596	$	21,462	$	321
Total Impaired Loans	$	123,156	$	79,775	$	7,596	$	90,792	$	1,562

In addition to the impaired loans outlined above, the Corporation has identified $7,040,000 in non-accrual residential mortgage loans which have been deemed impaired in accordance with ASC 310. Specific reserves totaling $875,000 have been set on 40 of these loans with a total principal balance of $2,954,000.

As part of the ongoing monitoring of the credit quality of the Corporation’s loan portfolio, management tracks certain credit quality indicators including trends related to: (i) the level of criticized commercial loans, (ii) net charge offs, (iii) non-performing loans and (iv) the general national and local economic conditions.

The Corporation utilizes a risk grading of pass, special mention, substandard, doubtful and loss to assess the overall credit quality of large commercial loans. All large commercial credit grades are reviewed at a minimum of once a year for pass grade loans. Loans with grades below pass are reviewed more frequently depending on the grade. A description of the general characteristics of these grades is as follows:

Pass – Loans that are considered to be of acceptable credit quality.

Special Mention – Loans which possess some credit deficiency or potential weakness, which deserves close attention. If left uncorrected, these potential weaknesses may result in deterioration of the repayment prospects for the asset or in the Corporation’s credit position at some future date. Special mention assets are not adversely classified and do not expose the Corporation to sufficient risk to warrant adverse classification. Such loans pose an unwarranted financial risk that, if not corrected, could weaken the loan adversely impacting the future repayment ability of the borrower. The key distinctions of this category’s classification are that it is indicative of an unwarranted level of risk; and weaknesses are considered “potential”, not “defined”, impairments to the primary source of repayment. Examples include businesses that may be suffering from inadequate management, loss of key personnel or significant customer or litigation.

Substandard – A substandard loan is inadequately protected by the current net worth and paying capacity of the obligor or of the collateral pledged, if any. Assets so classified have a well-defined weakness that jeopardizes the liquidation of the debt. They are characterized by the distinct possibility that the Corporation will sustain some loss if the deficiencies are not corrected. Other characteristics may include:

the likelihood that a loan will be paid from the primary source of repayment is uncertain or financial deterioration is underway and very close attention is warranted to ensure that the loan is collected without loss,

the primary source of repayment is gone, and the Corporation is forced to rely on a secondary source of repayment, such as collateral liquidation or guarantees,

loans have a distinct possibility that the Corporation will sustain some loss if deficiencies are not corrected,

unusual courses of action are needed to maintain a high probability of repayment,

the borrower is not generating enough cash flow to repay loan principal; however, it continues to make interest payments,

the Corporation is forced into a subordinated or unsecured position due to flaws in documentation,

loans have been restructured so that payment schedules, terms and collateral represent concessions to the borrower when compared to the normal loan terms,

the Corporation is seriously contemplating foreclosure or legal action due to the apparent deterioration of the loan, and

there is significant deterioration in market conditions to which the borrower is highly vulnerable.

Doubtful – Loans that have all of the weaknesses of those classified as Substandard. However, based on currently existing facts, conditions and values, these weaknesses make full collection of principal highly questionable and improbable. Other credit characteristics may include the primary source of repayment is gone or there is considerable doubt as to the quality of the secondary sources of repayment. The possibility of loss is high, but because of certain important pending factors that may strengthen the loan, loss classification is deferred until the exact status of repayment is known.

Loss – Loans that are considered uncollectible and of such little value that continuing to carry them as an asset is not warranted. Loans will be classified as Loss when it is neither practical not desirable to defer writing off or reserving all or a portion of a basically worthless asset, even though partial recovery may be possible at some time in the future.

The following table summarizes the credit quality of the Corporation’s loan portfolio, by loan class for the periods indicated. Consumer Non-Performing loans include accruing consumer loans 90 plus days delinquent and consumer non-accrual loans. The entire balance of a loan is considered delinquent if the minimum payment contractually required to be made is not received by the specified date.

	June 30, 2012
	Commercial Pass		Commercial Special Mention		Commercial Substandard		Commercial Doubtful		Consumer Performing		Consumer Non- Performing		Total Loans
Commercial and industrial	$	485,220	$	37,086	$	25,293	$	4,754					$	552,353
Agriculture production financing and other loans		105,269		352		514								106,135
Real Estate Loans:
Construction		76,112		2,116		21,246					$	114		99,588
Commercial and farm land		1,079,776		45,377		93,101		802				58		1,219,114
Residential		132,361		9,552		16,885		459	$	314,191		7,469		480,917
Home equity		14,543		1,298		1,778				188,108		1,523		207,250
Individuals loans for household and other personal expenditures										83,925		8		83,933
Lease financing receivables, net of unearned income										2,976				2,976
Other loans		45,314		11		43								45,368
Total	$	1,938,595	$	95,792	$	158,860	$	6,015	$	589,200	$	9,172	$	2,797,634

	December 31, 2011
	Commercial Pass		Commercial Special Mention		Commercial Substandard		Commercial Doubtful		Consumer Performing		Consumer Non Performing		Total Loans
Commercial and industrial	$	478,885	$	22,405	$	28,025	$	3,208					$	532,523
Agriculture production financing and other loans		101,289		1,582		1,655								104,526
Real Estate Loans:
Construction		47,611		3,672		22,376			$	7,762	$	359		81,780
Commercial and farm land		1,033,397		54,697		103,330		1,724		1,035		47		1,194,230
Residential		139,237		9,175		16,699		500		308,306		7,576		481,493
Home equity		15,912		499		3,317				170,776		1,127		191,631
Individuals loans for household and other personal expenditures										84,121		51		84,172
Lease financing receivables, net of unearned income										3,555				3,555
Other loans		38,917		15		21		552						39,505
Total	$	1,855,248	$	92,045	$	175,423	$	5,984	$	575,555	$	9,160	$	2,713,415

The following table shows a past due aging of the Corporation’s loan portfolio, by loan class for June 30, 2012, and December 31, 2011:

	June 30, 2012
	Current		30-59 Days Past Due		60-89 Days Past Due		Loans > 90 Days And Accruing		Non- Accrual		Total Past Due & Non- Accrual		Total Loans
Commercial and industrial	$	535,910	$	2,086	$	506	$	128	$	13,723	$	16,443	$	552,353
Agriculture production financing and other loans		106,135												106,135
Real Estate Loans:
Construction		91,751		202				5		7,630		7,837		99,588
Commercial and farm land		1,184,882		5,095		2,122		177		26,838		34,232		1,219,114
Residential		459,104		6,967		1,936		327		12,583		21,813		480,917
Home equity		203,794		904		669		28		1,855		3,456		207,250
Individuals loans for household and other personal expenditures		83,065		649		73				146		868		83,933
Lease financing receivables, net of unearned income		2,631								345		345		2,976
Other loans		45,361								7		7		45,368
Total	$	2,712,633	$	15,903	$	5,306	$	665	$	63,127	$	85,001	$	2,797,634

	December 31, 2011
	Current		30-59 Days Past Due		60-89 Days Past Due		Loans > 90 Days And Accruing		Non- Accrual		Total Past Due & Non- Accrual		Total Loans
Commercial and industrial	$	518,764	$	1,332	$	135	$	46	$	12,246	$	13,759	$	532,523
Agriculture production financing and other loans		104,464		62								62		104,526
Real Estate Loans:
Construction		69,305		328		3,126		31		8,990		12,475		81,780
Commercial and farm land		1,140,897		16,457		5,783				31,093		53,333		1,194,230
Residential		458,925		5,485		2,087		191		14,805		22,568		481,493
Home equity		187,788		1,096		590		261		1,896		3,843		191,631
Individuals loans for household and other personal expenditures		82,837		1,075		208		51		1		1,335		84,172
Lease financing receivables, net of unearned income		3,555												3,555
Other loans		38,944								561		561		39,505
Total	$	2,605,479	$	25,835	$	11,929	$	580	$	69,592	$	107,936	$	2,713,415

See the information regarding the analysis of loan loss experience in the Loan Quality/Provision for Loan Losses section of Management’s Discussion and Analysis of Financial Condition and Results of Operations included as ITEM 2 of this Form 10-Q.

Given recent economic conditions, borrowers of all types are experiencing declines in income and cash flow. As a result, borrowers are occasionally seeking to reduce contractual cash outlays including debt payments. Concurrently, in an effort to preserve and protect its earning assets, specifically troubled loans, the Corporation is working to maintain its relationship with certain customers who are experiencing financial difficulty by contractually modifying the borrower’s debt agreement with the Corporation. In certain loan restructuring situations, the Corporation may grant a concession to a debtor experiencing financial difficulty, resulting in a trouble debt restructuring. A concession is deemed to be granted when, as a result of the restructuring, the Corporation does not expect to collect all amounts due, including interest accrued at the original contract rate. If the payment of principal at original maturity is primarily dependent on the value of collateral, the current value of the collateral is considered in determining whether the principal will be paid.

The following tables summarize troubled debt restructurings that occurred during the periods indicated:

	Three Months Ended						Six Months Ended
	June 30, 2012						June 30, 2012

	Pre-Modification		Post-Modification				Pre-Modification		Post-Modification
	Recorded Balance		Recorded Balance		Number of Loans		Recorded Balance		Recorded Balance		Number of Loans
Commercial and industrial	$	166	$	166		2	$	405	$	405		4
Real Estate Loans:
Construction		491		350		1		491		350		1
Commercial and farm land		730		735		4		2,508		2,369		6
Residential		1,733		1,598		11		1,957		1,822		15
Total	$	3,120	$	2,849		18	$	5,361	$	4,946		26

The following table shows the recorded investment, as of June 30, 2012, of troubled debt restructurings that occurred during the periods indicated:

	Three Months Ended
			June 30, 2012
	Term		Rate				Total
	Modification		Modification		Combination		Modification
Commercial and industrial					$	31	$	31
Real Estate Loans:
Construction						346		346
Commercial and farm land	$	82				599		681
Residential		531	$	258		720		1,509
Total	$	613	$	258	$	1,696	$	2,567

	Six Months Ended
			June 30, 2012
	Term		Rate				Total
	Modification		Modification		Combination		Modification
Commercial and industrial	$	238			$	31	$	269
Real Estate Loans:
Construction						346		346
Commercial and farm land		1,717				599		2,316
Residential		531	$	258		944		1,733
Total	$	2,486	$	258	$	1,920	$	4,664

Residential real estate loans account for 61 percent and 58 percent of the troubled debt restructured loans made in the three and six months ended June 30, 2012, respectively. Seven and ten troubled debt restructured loans made during the three and six months ended June 30, 2012, respectively, are in non accrual status.

The following table summarizes troubled debt restructures that occurred between July 1, 2011, and June 30, 2012, subsequently defaulted during the period indicated:

	Three Months Ended				Six Months Ended
	June 30, 2012				June 30, 2012
	Number of Loans		Recorded Balance		Number of Loans		Recorded Balance
Commercial and Industrial						1	$	46
Real Estate Loans:
Construction
Commercial and farm land		2	$	445		3		1,203
Residential		5		2,283		5		2,283
Total		7	$	2,728		9	$	3,532

For potential consumer loan restructures, impairment evaluation occurs prior to modification. Any subsequent impairment is typically addressed through the charge off process, or may be addressed through a specific reserve. Consumer troubled debt restructurings are generally included in the general historical allowance for loan loss at the post modification balance. Consumer non-accrual and delinquent troubled debt restructurings are also considered in the calculation of the non-accrual and delinquency trend environmental allowance allocation. Commercial troubled debt restructured loans risk graded special mention, substandard, doubtful and loss are individually evaluated for impairment under ASC 310. Any resulting specific reserves are included in the allowance for loan losses. Commercial 30 – 89 day delinquent troubled debt restructurings are included in the calculation of the delinquency trend environmental allowance allocation. All commercial non-impaired loans, including non-accrual and 90+ day delinquents, are included in the ASC 450 loss migration analysis.

- Definition

The entire disclosure for claims held for amounts due a entity, excluding financing receivables. Examples include, but are not limited to, trade accounts receivables, notes receivables, loans receivables. Includes disclosure for allowance for credit losses.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=7512638&loc=d3e5066-111524

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.3,4)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 11
-URI http://asc.fasb.org/extlink&oid=7512638&loc=d3e5162-111524

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(k))
-URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 310
-SubTopic 10
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=7512638&loc=d3e5074-111524

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Statement of Position (SOP)
-Number 01-6
-Paragraph 13
-Subparagraph d
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 3, 4
-Article 5

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 03
-Paragraph 7
-Article 9

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 08
-Paragraph k
-Article 4

+ Details

Derivative Financial Instruments

6 Months Ended

Jun. 30, 2012

Derivative Financial Instruments

NOTE 5. Derivative Financial Instruments

Risk Management Objective of Using Derivatives

The Corporation is exposed to certain risks arising from both its business operations and economic conditions. The Corporation principally manages its exposures to a wide variety of business and operational risks through management of its core business activities. The Corporation manages economic risks, including interest rate, liquidity, and credit risk, primarily by managing the amount, sources, and duration of its assets and liabilities and through the use of derivative financial instruments. Specifically, the Corporation enters into derivative financial instruments to manage exposures that arise from business activities that result in the receipt or payment of future known and uncertain cash amounts, the value of which are determined by interest rates. The Corporation’s derivative financial instruments are used to manage differences in the amount, timing, and duration of the Corporation’s known or expected cash payments principally related to certain variable-rate liabilities. The Corporation also has derivatives that are a result of a service the Corporation provides to certain qualifying customers, and, therefore, are not used to manage interest rate risk in the Corporation’s assets or liabilities.

Cash Flow Hedges of Interest Rate Risk

The Corporation’s objectives in using interest rate derivatives are to add stability to interest expense and to manage its exposure to interest rate movements. To accomplish these objectives, the Corporation primarily uses interest rate swaps and interest rate caps as part of its interest rate risk management strategy. Interest rate swaps designated as cash flow hedges involve the payment of fixed amounts to a counterparty in exchange for the Corporation receiving variable payments over the life of the agreements without exchange of the underlying notional amount. Interest rate caps designated as cash flow hedges involve the receipt of variable amounts from a counterparty if interest rates rise above the strike rate on the contract in exchange for an up-front premium. As of June 30, 2012, the Corporation had two interest rate swaps with a notional amount of $26.0 million and one interest rate cap with a notional amount of $13.0 million that were designated as cash flow hedges. As of June 30, 2011, the Corporation had one interest rate swap with a notional amount of $13.0 million and one interest rate cap with a notional amount of $13.0 million that were designated as cash flow hedges.

Cash Flow Hedges of Interest Rate Risk continued

The effective portion of changes in the fair value of derivatives designated and that qualify as cash flow hedges is recorded in accumulated other comprehensive income and is subsequently reclassified into earnings in the period that the hedged forecasted transaction affects earnings. During 2012, such derivatives were used to hedge the forecasted LIBOR-based outflows associated with existing trust preferred securities when the outflows convert from a fixed rate to variable rate in September of 2012. The ineffective portion of the change in fair value of the derivatives is recognized directly in earnings. During the three and six months ended June 30, 2012, and 2011, the Corporation did not recognize any ineffectiveness.

Amounts reported in accumulated other comprehensive income related to derivatives will be reclassified to interest expense as interest payments are made on the Corporation’s variable-rate liabilities. During the next twelve months, the Corporation does not expect to reclassify any amounts from accumulated other comprehensive income to interest expense.

Non-designated Hedges

The Corporation does not use derivatives for trading or speculative purposes. Derivatives not designated as hedges are not speculative and result from a service the Corporation provides to certain customers. The Corporation executes interest rate swaps with commercial banking customers to facilitate their respective risk management strategies. Those interest rate swaps are simultaneously hedged by offsetting interest rate swaps that the Corporation executes with a third party, such that the Corporation minimizes its net risk exposure resulting from such transactions. As the interest rate swaps associated with this program do not meet the strict hedge accounting requirements, changes in the fair value of both the customer swaps and the offsetting swaps are recognized directly in earnings. As of June 30, 2012, the notional amount of customer-facing swaps was approximately $121,710,000. This amount is offset with third party counterparties, as described above.

Fair Values of Derivative Instruments on the Balance Sheet

The table below presents the fair value of the Corporation’s derivative financial instruments, as well as their classification on the Balance Sheet, as of June 30, 2012, and December 31, 2011.

Asset Derivatives

Liability Derivatives

June 30, 2012

December 31, 2011

June 30, 2012

December 31, 2011

Balance Sheet

Location

Fair

Value

Balance Sheet

Location

Fair

Value

Balance Sheet

Location

Fair

Value

Balance Sheet

Location

Fair

Value

Derivatives designated as hedging instruments:

Interest rate contracts

Other Assets

243

Other Assets

424

Other Liabilities

3,277

Other Liabilities

2,305

Derivatives not designated as hedging instruments:

Interest rate contracts

Other Assets

5,552

Other Assets

5,241

Other Liabilities

5,859

Other Liabilities

5,492

Effect of Derivative Instruments on the Income Statement

The tables below present the effect of the Corporation’s derivative financial instruments on the Income Statement for the three and six months ended June 30, 2012, and 2011.

Derivatives Not Designated as Hedging Instruments under ASC 815-10	Location of Gain (Loss) Recognized Income on Derivative	Amount of Gain (Loss) Recognized Income on Derivative			Amount of Gain (Loss) Recognized Income on Derivative
		Three Months Ended June 30, 2012			Six Months Ended June 30, 2011
Interest rate contracts	Other income	$	(58	)	$	(55	)

Derivatives Not Designated as Hedging Instruments under ASC 815-10	Location of Gain (Loss) Recognized Income on Derivative	Amount of Gain (Loss) Recognized Income on Derivative			Amount of Gain (Loss) Recognized Income on Derivative
		Three Months Ended June 30, 2011			Six Months Ended June 30, 2011
Interest rate contracts	Other income	$	(21	)	$	2

The Corporation’s exposure to credit risk occurs because of nonperformance by its counterparties. The counterparties approved by the Corporation are usually financial institutions, which are well capitalized and have credit ratings through Moody’s and/or Standard & Poor’s, at or above investment grade. The Corporation’s control of such risk is through quarterly financial reviews, comparing mark-to-mark values with policy limitations, credit ratings and collateral pledging.

Credit-risk-related Contingent Features

The Corporation also has agreements with certain of its derivative counterparties that contain a provision where if the Corporation fails to maintain its status as a well or adequate capitalized institution, then the Corporation could be required to terminate or fully collateralize all outstanding derivative contracts.

The Corporation has agreements with certain of its derivative counterparties that contain a provision where if the Corporation defaults on any of its indebtedness, including default where repayment of the indebtedness has not been accelerated by the lender, the Corporation could also be declared in default on its derivative obligations.

As of June 30, 2012, the termination value of derivatives in a net liability position related to these agreements was $9,285,000. As of June 30, 2012, the Corporation had minimum collateral posting thresholds with certain of its derivative counterparties and had posted collateral of $8,312,000. If the Corporation had breached any of these provisions at June 30, 2012, it could have been required to settle its obligations under the agreements at their termination value.

- Definition

The entire disclosure for the entity's entire derivative instruments and hedging activities. Describes an entity's risk management strategies, derivatives in hedging activities and non-hedging derivative instruments, the assets, obligations, liabilities, revenues and expenses arising therefrom, and the amounts of and methodologies and assumptions used in determining the amounts of such items.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 30
-Section 45
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6441202&loc=d3e80720-113993

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4C
-URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5624171-113959

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4B
-URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5624163-113959

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=7476318&loc=d3e41620-113959

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4D
-URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5624177-113959

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5579240-113959

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 30
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=7668309&loc=d3e80784-113994

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=7476318&loc=d3e41641-113959

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 1A
-URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5579245-113959

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4H
-URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5624258-113959

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4K
-URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5708775-113959

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 30
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=7668309&loc=d3e80748-113994

Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=7476318&loc=d3e41635-113959

Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4J
-URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5708773-113959

Reference 15: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4A
-URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5618551-113959

Reference 16: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 1B
-URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5580258-113959

Reference 17: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=7476318&loc=d3e41638-113959

Reference 18: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 25
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6886632&loc=d3e76258-113986

Reference 19: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4E
-URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5624181-113959

Reference 20: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(n))
-URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690

Reference 21: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 133
-Paragraph 45
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 22: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 133
-Paragraph 44
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Disclosures About Fair Value of Assets and Liabilities

6 Months Ended

Jun. 30, 2012

Disclosures About Fair Value of Assets and Liabilities

Note 6. Disclosures About Fair Value of Assets and Liabilities

The Corporation has adopted fair value accounting guidance that defines fair value, establishes a framework for measuring fair value and expands disclosures about fair value measurements. This guidance defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. This guidance also establishes a fair value hierarchy which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. The standard describes three levels of inputs that may be used to measure fair value:

Level 1 Quoted prices in active markets for identical assets or liabilities

Level 2 Observable inputs other than Level 1 prices, such as quoted prices for similar assets or liabilities; quoted prices in active markets that are not active; or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities

Level 3 Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or

Recurring Measurements

The following table presents the fair value measurements of assets and liabilities recognized in the Consolidated Condensed Balance Sheets measured at fair value on a recurring basis and the level within the fair value hierarchy in which the fair value measurements fall at June 30, 2012, and December 31, 2011.

				Fair Value Measurements Using
June 30, 2012	Fair Value			Quoted Prices in Active Markets for Identical Assets (Level 1)	Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Available for sale securities:
U.S. Government-sponsored agency securities	$	4,933			$	4,933
State and municipal		145,597				126,059	$	19,538
U.S. Government-sponsored mortgage-backed securities		383,562				383,562
Corporate obligations		11,629				11,431		198
Marketable equity securities		1,830				1,826		4
Interest rate swap asset		5,552				5,552
Interest rate cap		243				243
Interest rate swap liability		(9,136	)			(9,136

				Fair Value Measurements Using
December 31, 2011	Fair Value			Quoted Prices in Active Markets for Identical Assets (Level 1)	Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Available for sale securities:
U.S. Government-sponsored agency securities	$	17			$	17
State and municipal		147,353				126,712	$	20,641
U.S. Government-sponsored mortgage-backed securities		368,998				368,998
Corporate obligations		193						193
Marketable equity securities		1,830				1,826		4
Interest rate swap asset		5,241						5,241
Interest rate cap		424						424
Interest rate swap liability		(7,797	)					(7,797	)

Following is a description of the valuation methodologies and inputs used for instruments measured at fair value on a recurring basis and recognized in the accompanying Consolidated Condensed Balance Sheets, as well as the general classification of such instruments pursuant to the valuation hierarchy. There have been no significant changes in the valuation techniques during the six months ended June 30, 2012.

Available for Sale Investment Securities

Where quoted, market prices are available in an active market and securities are classified within Level 1 of the valuation hierarchy. There are no securities classified within Level 1 of the hierarchy. If quoted market prices are not available, then fair values are estimated by using pricing models, quoted prices of securities with similar characteristics or discounted cash flows. Level 2 securities include agencies, mortgage backs, state and municipal, corporate obligations and equity securities. In certain cases where Level 1 or Level 2 inputs are not available, securities are classified within Level 3 of the hierarchy. Level 3 fair value, including corporate obligations, state and municipal and equity securities, was determined using a discounted cash flow model that incorporated market estimates of interest rates and volatility in markets that have not been active.

Third party vendors compile prices from various sources and may apply such techniques as matrix pricing to determine the value of identical or similar investment securities classified within Level 2. Matrix pricing is a mathematical technique widely used in the banking industry to value investment securities without relying exclusively on quoted prices for specific investment securities but rather relying on the investment securities’ relationship to other benchmark quoted investment securities. Any investment security not valued based upon the methods above are considered Level 3.

Pooled Trust Preferred Securities

Pooled trust preferred securities in the portfolio amount to $5.9 million in amortized cost, with a fair value of $168,000; all of which are classified as Level 3 inputs in the fair value hierarchy. These securities were rated A or better at inception, but at June 30, 2012, Moody’s ratings on these securities ranged from Ca to C. The issuers in these securities are primarily banks, but some of the pools do include a limited number of insurance companies. On a quarterly basis, the Corporation uses an other-than-temporary impairment (“OTTI”) evaluation process to compare the present value of expected cash flows to determine whether an adverse change in cash flows has occurred. The OTTI evaluation process considers the structure and term of the collateralized debt obligation (“CDO”), interest rates, principal balances of note classes and underlying issuers, the timing and amount of interest and principal payments of the underlying issuers, and the allocation of the payments to the note classes. The current estimate of expected cash flows is based on the most recent trustee reports and any other relevant market information including announcements of interest payment deferrals or defaults of underlying trust preferred securities. Assumptions used in the evaluation process include expected future default rates and prepayments as well as recovery assumptions on defaults and deferrals. In addition, the process is used to “stress” each CDO, or make assumptions more severe than expected activity, to determine the degree to which assumptions could deteriorate before the CDO could no longer fully support repayment of the Corporation’s note class. Upon completion of the June 30, 2012, quarterly evaluation process, the conclusion was no additional OTTI impairment for the three and six months ending June 30, 2012. The Corporation did not recognize any OTTI impairment for the three months ended June 30, 2011, but did recognize $400,000 of OTTI impairment for the six months ended June 30, 2011.

Level 3 Reconciliation

The following is a reconciliation of the beginning and ending balances of recurring fair value measurements recognized in the Consolidated Condensed Balance Sheets using significant unobservable (Level 3) inputs for the three and six months ended June 30, 2012, and 2011.

	Three Months Ended June 30, 2012						Six Months Ended June 30, 2012
	Available for Sale Securities			Interest Rate Swap Asset	Interest Rate Cap	Interest Rate Swap Liability	Available for Sale Securities			Interest Rate Swap Asset			Interest Rate Cap			Interest Rate Swap Liability
Balance at beginning of the period	$	19,878					$	20,838		$	5,241		$	424		$	(7,797	)
Total realized and unrealized gains and losses:
Included in net income (loss)											(860	)					863
Included in other comprehensive income		(238	)					(761	)		481			(15	)
Purchases, issuances and settlements
Transfers in/(out) of Level 3											(4,862	)		(409	)		6,934
Principal payments/additions		100						(337	)
Ending balance at June 30, 2012	$	19,740					$	19,740

	Three Months Ended June 30, 2011												Six Months Ended June 30, 2011
	Available for Sale Securities			Interest Rate Swap Asset			Interest Rate Cap			Interest Rate Swap Liability			Available for Sale Securities			Interest Rate Swap Asset			Interest Rate Cap			Interest Rate Swap Liability
Balance at beginning of the period	$	173		$	3,647		$	1,124		$	(3,379	)	$	186		$	4,002		$	1,109		$	(3,876	)
Total realized and unrealized gains and losses:
Included in net income (loss)					586						(607	)		(400	)		112						(110	)
Included in other comprehensive income		(82	)		(450	)		(170	)					240			(331	)		(155	)
Purchases, issuances and settlements
Transfers in/(out) of Level 3
Principal payments		89												154
Ending balance at June 30, 2011	$	180		$	3,783		$	954		$	(3,986	)	$	180		$	3,783		$	954		$	(3,986	)

There were no gains or losses for the period included in earnings that were attributable to the changes in unrealized gains or losses related to assets or liabilities held at June 30, 2012 or December 31, 2011.

Transfers Between Levels

Transfer between Levels 1, 2 and 3 and the reasons for those transfers are as follows:

	Quoted Prices in Active Markets for Identical Assets (Level 1)	Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Transfers from Level:
Interest rate swap asset				$	4,862	The interest rate swap and cap instruments were transferred
Interest rate cap					409	from Level 3 to Level 2 as of March 31, 2012 due to the Corporation's additional analysis of valuation methodologies. These instruments are valued using widely accepted valuation techniques including discounted cash flow analysis using observable inputs such as contractual terms and Libor-based rate curves.
Interest rate swap liability					6,934
Total Transfers from Level				$	12,205

Transfers to Level:
Interest rate swap asset		$	4,862			The interest rate swap and cap instruments were transferred
Interest rate cap			409			from Level 3 to Level 2 as of March 31, 2012 due to the Corporation's additional analysis of valuation methodologies. These instruments are valued using widely accepted valuation techniques including discounted cash flow analysis using observable inputs such as contractual terms and Libor-based rate curves.
Interest rate swap liability			6,934
Total Transfers to Level		$	12,205

Nonrecurring Measurements

The following table presents the fair value measurement of assets and liabilities measured at fair value on a nonrecurring basis and the level within the fair value hierarchy in which the fair value measurements fall at June 30, 2012, and December 31, 2011.

			Fair Value Measurements Using
June 30, 2012	Fair Value		Quoted Prices in Active Markets for Identical Assets (Level 1)	Significant Other Observable Inputs (Level 2)	Significant Unobservable Inputs (Level 3)
Impaired loans	$	20,780			$	20,780
Other real estate owned (collateral dependent)	$	6,563			$	6,563

			Fair Value Measurements Using
December 31, 2011	Fair Value		Quoted Prices in Active Markets for Identical Assets (Level 1)	Significant Other Observable Inputs (Level 2)	Significant Unobservable Inputs (Level 3)
Impaired loans	$	22,885			$	22,885
Other real estate owned (collateral dependent)	$	7,882			$	7,882

Following is a description of valuation methodologies used for instruments measured at fair value on a nonrecurring basis and recognized in the Consolidated Condensed Balance Sheets, as well as the general classification of such instruments pursuant to the valuation hierarchy.

Nonrecurring Measurements continued

Impaired Loans (collateral dependent) and Other Real Estate Owned

Loan impairment is reported when substantial doubt about the collectability of scheduled payments exists. Impaired loans are carried at the present value of estimated future cash flows using the loan’s existing rate, or the fair value of collateral if the loan is collateral dependent. A portion of the allowance for loan losses is allocated to impaired loans if the value of such loans is deemed to be less than the unpaid balance. If these allocations cause the allowance for loan losses to increase, such increase is reported as a component of the provision for loan losses. Loan losses are charged against the allowance when management believes the uncollectability of the loan is confirmed. During the first six months of 2012, certain impaired loans were partially charged-off or re-evaluated. The valuation would be considered Level 3, consisting of appraisals of underlying collateral and discounted cash flow analysis.

The fair value for impaired loans and other real estate owned is measured based on the value of the collateral securing those loans or real estate and is determined using several methods. The fair value of real estate is generally determined based on appraisals by qualified licensed appraisers. The appraisers typically determine the value of the real estate by utilizing an income or market valuation approach. If an appraisal is not available, the fair value may be determined by using a cash flow analysis. Fair value on other collateral such as business assets is typically calculated by using financial information such as financial statements and aging reports provided by the borrower and is discounted as considered appropriate.

Unobservable (Level 3) Inputs

The following table presents quantitative information about unobservable inputs used in recurring and nonrecurring Level 3 fair value measurements, other than goodwill, at June 30, 2012.

	Fair Value		Valuation Technique	Unobservable Inputs	Range

State and municipal securities	$	19,538	Discounted cash flow	Maturity/Call date	1 month to 11 yrs
				Blend of US Muni BQ curve	A- to BBB-
				Discount rate	1% - 4	%

Corporate obligations/ Marketable equity securities	$	202	Discounted cash flow	Risk free rate	3 month libor
				plus Premium for illiquidity	plus 200bps

Impaired loans (collateral dependent)	$	20,780	Collateral based measurements	Discount to reflect current market conditions and ultimate collectabilty	0% - 50	%

Other real estate owned	$	6,563	Appraisals	Discount to reflect current market conditions	0% - 20	%

Sensitivity of Significant Unobservable Inputs

The following is a discussion of the sensitivity of significant unobservable inputs, the interrelationships between those inputs and other unobservable inputs used in recurring fair value measurement and of how those inputs might magnify or mitigate the effect of changes in the unobservable inputs on the fair value measurement.

State and Municipal Securities

The significant unobservable inputs used in the fair value measurement of the Corporation’s state and municipal securities are premiums for unrated securities and marketability discounts. Significant increases or decreases in either of those inputs in isolation would result in a significantly lower or higher fair value measurement. Generally, changes in either of those inputs will not affect the other input.

Corporate Obligations/Equity Securities

The significant unobservable inputs used in the fair value measurement of the Corporation’s corporate obligations/equity securities are premiums for unrated securities and marketability discounts. Significant increases or decreases in either of those inputs in isolation would result in a significantly lower or higher fair value measurement. Generally, changes in either of those inputs will not affect the other input.

Fair Value of Financial Instruments

The following table presents estimated fair values of the Corporation’s financial instruments and the level within the fair value hierarchy in which the fair value measurements fall at June 30, 2012, and December 31, 2011.

	June 30, 2012
	(unaudited)
	Carrying Amount		Quoted Prices in Active Markets for Identical Assets		Significant Other Observable Inputs		Significant Unobservable Inputs
	Carrying Amount		(Level 1)		(Level 2)		(Level 3)
Assets:
Cash and due from banks	$	68,493	$	68,493
Interest-bearing time deposits		41,760		41,760
Investment securities available for sale		547,551			$	527,811	$	19,740
Investment securities held to maturity		396,770				400,173		13,074
Mortgage loans held for sale		15,278				15,278
Loans		2,727,491						2,756,565
Federal Reserve Bank and Federal Home Loan Bank stock		33,033				33,033
Interest rate swap asset		5,795				5,795
Interest receivable		16,506				16,506
Liabilities:
Deposits	$	3,288,898	$	2,343,492	$	946,039
Borrowings:
Federal funds purchased		652				652
Securities sold under repurchase agreements		160,127				160,728
Federal Home Loan Bank advances		96,847				100,031
Subordinated debentures, revolving credit lines and term loans		115,951				68,852
Interest rate swap liability		9,136				9,136
Interest payable		2,168				2,168

	December 31, 2011
	(unaudited)
	Carrying Amount		Quoted Prices in Active Markets for Identical Assets		Significant Other Observable Inputs		Significant Unobservable Inputs
	Carrying Amount		(Level 1)		(Level 2)		(Level 3)
Assets:
Cash and due from banks	$	73,312	$	73,312
Interest-bearing time deposits		52,851		52,851
Investment securities available for sale		518,491			$	497,653	$	20,838
Investment securities held to maturity		427,909				428,737		13,732
Mortgage loans held for sale		17,864				17,864
Loans		2,642,517						2,658,227
Federal Reserve Bank and Federal Home Loan Bank stock		31,270				31,270
Interest rate swap asset		5,665						5,665
Interest receivable		17,723				17,723
Liabilities:
Deposits	$	3,134,655	$	2,195,679	$	944,078
Borrowings:
Securities sold under repurchase agreements		156,305				157,342
Federal Home Loan Bank advances		138,095				141,693
Subordinated debentures, revolving credit lines and term loans		194,974				142,632
Interest rate swap liability		7,797						7,797
Interest payable		2,925				2,925

The following methods were used to estimate the fair value of all other financial instruments recognized in the Consolidated Condensed Balance Sheets at amounts other than fair value.

Cash and due from banks: The fair value of cash and cash equivalents approximates carrying value.

Interest-bearing time deposits: The fair value of interest-bearing time deposits approximates carrying value.

Investment securities: Fair value is based on quoted market prices, if available. If a quoted market price is not available, fair value is estimated using quoted market prices for similar securities.

Mortgage Loans Held For Sale: The carrying amount approximates fair value due to the insignificant time between origination and date of sale.

Loans: The fair value for loans is estimated using discounted cash flow analysis, using interest rates currently being offered for loans with similar terms to borrowers of similar credit quality. See Impaired Loans above.

Federal Reserve and Federal Home Loan Bank stock: The fair value of Federal Reserve Bank and Federal Home Loan Bank stock is based on the price which it may be resold to the Federal Reserve and Federal Home Loan Bank.

Derivative instruments: The fair value of the derivatives reflects the estimated amounts that would have been received to terminate these contracts at the reporting date based upon pricing or valuation models applied to current market information. Interest rate caps are valued using the market standard methodology of discounting the future expected cash receipts that would occur if variable interest rates rose above the strike rate of the caps. The projected cash receipts on the caps are based on an expectation of future interest rates derived from observed market interest rate curves and volatilities.

Interest Receivable and Interest Payable: The carrying amount approximates fair value.

Deposits: The fair values of noninterest-bearing and interest-bearing demand accounts and savings deposits are equal to the amount payable on demand at the balance sheet date. The carrying amounts for variable rate, fixed-term certificates of deposit approximate their fair values at the balance sheet date. Fair values for fixed-rate certificates of deposit and other time deposits are estimated using a discounted cash flow calculation that applies interest rates currently being offered to a schedule of aggregated expected monthly maturities on such time deposits.

Federal funds purchased: The carrying amount approximates fair value.

Borrowings: The fair value of borrowings is estimated using a discounted cash flow calculation, based on current rates for similar debt.

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=7578670&loc=d3e19207-110258

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=6957238&loc=d3e14172-108612

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 21
-URI http://asc.fasb.org/extlink&oid=7491637&loc=d3e13537-108611

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 28
-URI http://asc.fasb.org/extlink&oid=6957238&loc=d3e14064-108612

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 16
-URI http://asc.fasb.org/extlink&oid=7491637&loc=d3e13504-108611

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=7491637&loc=d3e13433-108611

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 107
-Paragraph 15B
-Subparagraph a, b
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 133
-Paragraph 44A, 44B
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 159
-Paragraph 17-22, 27, 28
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 107
-Paragraph 15A
-Subparagraph a-d
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 107
-Paragraph 15C, 15D
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 157
-Paragraph 32, 33, 34
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 107
-Paragraph 3, 10, 14, 15
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Share-Based Compensation

6 Months Ended

Jun. 30, 2012

Share-Based Compensation

NOTE 7. Share-Based Compensation

Stock options and restricted stock awards ("RSAs") have been issued to directors, officers and other management employees under the Corporation's 1999 Long-term Equity Incentive Plan and the 2009 Long-term Equity Incentive Plan. The stock options, which have a ten-year life, become 100 percent vested ranging from three months to two years and are fully exercisable when vested. Option exercise prices equal the Corporation's common stock closing price on NASDAQ on the date of grant. RSAs provide for the issuance of shares of the Corporation's common stock at no cost to the holder and generally vest after three years. The RSAs vest only if the employee is actively employed by the Corporation on the vesting date and, therefore, any unvested shares are forfeited. Deferred stock units ("DSUs") can be credited to non-employee directors who have elected to defer payment of compensation under the Corporation's 2008 Equity Compensation Plan for Non-employee Directors. DSUs credited are equal to the restricted shares that the non-employee director would have received under the plan. As of June 30, 2012, there were no outstanding DSUs.

The Corporation’s 2009 Employee Stock Purchase Plan (“ESPP”) provides eligible employees of the Corporation and its subsidiaries an opportunity to purchase shares of common stock of the Corporation through quarterly offerings financed by payroll deductions. The price of the stock to be paid by the employees shall be equal to 85 percent of the average of the closing price of the Corporation’s common stock on each trading day during the offering period. However, in no event shall such purchase price be less than the lesser of an amount equal to 85 percent of the market price of the Corporation’s stock on the offering date or an amount equal to 85 percent of the market value on the date of purchase. Common stock purchases are made quarterly and are paid through advance payroll deductions up to a calendar year maximum of $25,000.

Compensation expense related to unvested share-based awards is recorded by recognizing the unamortized grant date fair value of these awards over the remaining service periods of those awards, with no change in historical reported fair values and earnings. Awards are valued at fair value in accordance with provisions of share-based compensation guidance and are recognized on a straight-line basis over the service periods of each award. To complete the exercise of vested stock options, RSA’s and ESPP options, the Corporation generally issues new shares from its authorized but unissued share pool. Share-based compensation for the three months and six months ended June 30, 2012, was $360,000 and $686,000, respectively compared to $350,000 and $718,000 for the three months and six months ended June 30, 2011. Share-based compensation has been recognized as a component of salaries and benefits expense in the accompanying CONSOLIDATED CONDENSED STATEMENTS OF INCOME.

The estimated fair value of the stock options granted during 2012 and in prior years was calculated using a Black Scholes option pricing model. The following summarizes the assumptions used in the 2012 Black Scholes model:

Risk-free interest rate	1.36%
Expected price volatility	46.22%
Dividend yield	3.29%
Forfeiture rate	4.77%
Weighted-average expected life, until exercise	7.2 years

The Black Scholes model incorporates assumptions to value share-based awards. The risk-free rate of interest, for periods equal to the expected life of the option, is based on a U.S. government instrument over a similar contractual term of the equity instrument. Expected price volatility is based on historical volatility of the Corporation’s common stock. In addition, the Corporation generally uses historical information to determine the dividend yield and weighted-average expected life of the options until exercise. Separate groups of employees that have similar historical exercise behavior with regard to option exercise timing and forfeiture rates are considered separately for valuation and attribution purposes.

Share-based compensation expense recognized in the CONSOLIDATED CONDENSED STATEMENTS OF INCOME is based on awards ultimately expected to vest and is reduced for estimated forfeitures. Share-based compensation guidance requires forfeitures to be estimated at the time of grant and revised, if necessary, in subsequent periods, if actual forfeitures differ from those estimates. Pre-vesting forfeitures were estimated to be approximately 4.8 percent for the six months ended June 30, 2012, based on historical experience.

The following table summarizes the components of the Corporation's share-based compensation awards recorded as expense:

	Three Months Ended						Six Months Ended
	June 30,						June 30,
	2012			2011			2012			2011
Stock and ESPP Options
Pre-tax compensation expense	$	80		$	38		$	126		$	109
Income tax benefit		(2	)					(2	)		(1	)
Stock and ESPP option expense, net of income taxes	$	78		$	38		$	124		$	108
Restricted Stock Awards
Pre-tax compensation expense	$	280		$	312		$	560		$	609
Income tax benefit		(112	)		(111	)		(218	)		(213	)
Restricted stock awards expense, net of income taxes	$	168		$	201		$	342		$	396
Total Share-Based Compensation:
Pre-tax compensation expense	$	360		$	350		$	686		$	718
Income tax benefit		(114	)		(111	)		(220	)		(214	)
Total share-based compensation expense, net of income taxes	$	246		$	239		$	466		$	504

As of June 30, 2012, unrecognized compensation expense related to stock options and RSAs totaling $133,000 and $2,182,000, respectively, is expected to be recognized over weighted-average periods of 1.14 and 1.65 years, respectively.

Stock option activity under the Corporation's stock option plans as of June 30, 2012 and changes during the six months ended June 30, 2012, were as follows:

	Number of Shares			Weighted- Average Exercise Price		Weighted Average Remaining Contractual Term (in Years)		Aggregate Intrinsic Value
Outstanding at January 1, 2012		1,035,871		$	22.57
Granted/ Converted		33,301		$	11.38
Cancelled		(2,768	)	$	19.00
Outstanding June 30, 2012		1,066,404		$	22.23		4.53		609,772
Vested and Expected to Vest at June 30, 2012		1,066,404		$	22.23		4.05		609,772
Exercisable at June 30, 2012		999,104		$	23.04		4.18		462,023

The weighted-average grant date fair value was $3.86 for stock options granted during the six months ended June 30, 2012.

The aggregate intrinsic value in the table above represents the total pre-tax intrinsic value (the difference between the Corporation's closing stock price on the last trading day of the first six months of 2012 and the exercise price, multiplied by the number of in-the-money options) that would have been received by the option holders had all option holders exercised their stock options on June 30, 2012. The amount of aggregate intrinsic value will change based on the fair market value of the Corporation's common stock. There were no stock options exercised during the first six months of 2012.

The following table summarizes information on unvested RSAs outstanding as of June 30, 2012:

	Number of Shares			Weighted-Average Grant Date Fair Value
Unvested RSAs at January 1, 2012		338,087		$	8.65
Granted		140,733		$	11.43
Forfeited		(2,350	)	$	7.73
Vested		(73,470	)	$	12.30
Unvested RSAs at June 30, 2012		403,000		$	8.94

The grant date fair value of ESPP options was estimated at the beginning of the April 1, 2012, quarterly offering period of approximately $45,400. The ESPP options vested during the three months ending June 30, 2012, leaving no unrecognized compensation expense related to unvested ESPP options at June 30, 2012.

- Definition

The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 50
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6406099&loc=d3e25284-112666

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 40
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6418621&loc=d3e17540-113929

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5047-113901

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5444-113901

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Staff Accounting Bulletin (SAB)
-Number Topic 14

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 123R
-Paragraph 64, 65, A240
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Statement of Position (SOP)
-Number 93-6
-Paragraph 53
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Income Tax

6 Months Ended

Jun. 30, 2012

Income Tax

NOTE 8. Income Tax

	Three Months Ended						Six Months Ended
	June 30,						June 30,
	2012			2011			2012			2011
Income Tax Expense :
Currently Payable:
Federal	$	518		$	(450	)	$	1,336		$	(902	)
State
Deferred:
Federal		2,770			1,846			7,452			4,697
State
Total Income Tax Expense	$	3,288		$	1,396		$	8,788		$	3,795

Reconciliation of Federal Statutory to Actual Tax Expense:
Federal statutory income tax at 35%	$	4,372		$	2,409		$	11,327		$	5,160
Tax-exempt interest income		(930	)		(961	)		(1,861	)		(1,877	)
Non-deductible interest expense					210						419
Stock compensation		26			13			42			37
Earnings on life insurance		(231	)		(200	)		(714	)		(402	)
Tax credits		(18	)		(13	)		(36	)		(26	)
Other		69			(62	)		30			484
Actual Tax Expense	$	3,288		$	1,396		$	8,788		$	3,795

- Definition

The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(h))
-URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32559-109319

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 15
-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32718-109319

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 9
-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32639-109319

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32537-109319

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 109
-Paragraph 136, 172
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 08
-Paragraph h
-Article 4

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 109
-Paragraph 43, 44, 45, 46, 47, 48, 49
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Net Income Per Share

6 Months Ended

Jun. 30, 2012

Net Income Per Share

NOTE 9. Net Income Per Share

Basic net income per share is computed by dividing net income by the weighted-average shares outstanding during the reporting period. Diluted net income per share is computed by dividing net income by the combination of all dilutive common share equivalents, comprised of shares issuable under the Corporation’s share-based compensation plans, and the weighted-average shares outstanding during the reporting period.

Dilutive common share equivalents include the dilutive effect of in-the-money share-based awards, which are calculated based on the average share price for each period using the treasury stock method. Under the treasury stock method, the exercise price of share-based awards, the amount of compensation expense, if any, for future service that the Corporation has not yet recognized, and the amount of estimated tax benefits that would be recorded in additional paid-in capital when share-based awards are exercised, are assumed to be used to repurchase common stock in the current period.

	Three Months Ended June 30,
	2012							2011
	Net Income			Weighted- Average Shares		Per Share Amount		Net Income			Weighted- Average Shares		Per Share Amount
Basic net income per share:	$	9,205						$	5,488
Preferred Stock dividends and discount accretion		(1,135	)						(990	)
Net income available to common stockholders	$	8,070			28,624,609	$	0.28	$	4,498			25,656,826	$	0.18
Effect of dilutive stock options and warrants					190,410							125,973
Diluted net income (loss) per share:
Net income available to common stockholders	$	8,070			28,815,019	$	0.28	$	4,498			25,782,799	$	0.18

Stock options to purchase 890,642 and 1,033,546 shares for the three months ended June 30, 2012, and 2011, respectively, were not included in the earnings per share calculation because the exercise price exceeded the average market price.

	Six Months Ended June 30,
	2012						2011
	Net Income		Weighted- Average Shares		Per Share Amount		Net Income		Weighted- Average Shares		Per Share Amount
Basic net income per share:	$	23,576					$	10,949
Preferred Stock dividends and discount accretion		2,270						1,978
Net income available to common stockholders	$	21,306		28,603,612	$	0.74	$	8,971		25,631,340	$	0.35
Effect of dilutive stock options and warrants				178,430						141,523
Diluted net income (loss) per share:
Net income available to common stockholders	$	21,306		28,782,042	$	0.74	$	8,971		25,772,863	$	0.35

Stock options to purchase 881,661 and 1,026,177 shares for the six months ended June 30, 2012, and 2011, respectively, were not included in the earnings per share calculation because the exercise price exceeded the average market price.

Impact of Accounting Changes

6 Months Ended

Jun. 30, 2012

Impact of Accounting Changes

Note 10. Impact of Accounting Changes

ASU No. 2011-03, “Transfers and Servicing (Topic 860) – Reconsideration of Effective Control for Repurchase Agreements.” ASU 2011-03 is intended to improve financial reporting of repurchase agreements and other agreements that both entitle and obligate a transferor to repurchase or redeem financial assets before their maturity. ASU 2011-03 removes from the assessment of effective control (i) the criterion requiring the transferor to have the ability to repurchase or redeem the financial assets on substantially the agreed terms, even in the event of default by the transferee, and (ii) the collateral maintenance guidance related to that criterion. ASU 2011-03 became effective for the Corporation on January 1, 2012 and did not have a significant impact on the Corporation’s financial statements.

ASU 2011-04, “Fair Value Measurement (Topic 820) – Amendments to Achieve Common Fair Value Measurements and Disclosure Requirements in U.S. GAAP and IFRSs.” ASU 2011-04 amends Topic 820, “Fair Value Measurements and Disclosures,” to converge the fair value measurement guidance in U.S. generally accepted accounting principles and International Financial Reporting Standards. ASU 2011-04 clarifies the application of existing fair value measurement requirements, changes certain principles in Topic 820 and requires additional fair value disclosures. ASU 2011-04 became effective for the Corporation on January 1, 2012 and, aside from new disclosures included in Note 6 – Disclosures About Fair Value of Assets and Liabilities, did not have a significant impact on the Corporation’s financial statements.

ASU 2011-05, “Comprehensive Income (Topic 220) – Presentation of Comprehensive Income.” ASU 2011-05 amends Topic 220, “Comprehensive Income,” to require that all non-owner changes in stockholders’ equity be presented in either a single continuous statement of comprehensive income or in two separate but consecutive statements. Additionally, ASU 2011-05 requires entities to present, on the face of the financial statements, reclassification adjustments for items that are reclassified from other comprehensive income to net income in the statement or statements where the components of net income and the components of other comprehensive income are presented. The option to present components of other comprehensive income as part of the statement of changes in stockholders’ equity was eliminated. ASU 2011-05 became effective for the Corporation on January 1, 2012; however, certain provisions related to the presentation of reclassification adjustments have been deferred by ASU 2011-12 “Comprehensive Income (Topic 220) – Deferral of the Effective Date for Amendments to the Presentation of Reclassifications of Items Out of Accumulated Other Comprehensive Income in Accounting Standards Update No. 2011-05,” as further discussed below. In connection with the application of ASU 2011-05, the Corporation’s financial statements now include separate statements of comprehensive income.

ASU 2011-08, “Intangibles – Goodwill and Other (Topic 350) – Testing Goodwill for Impairment.” ASU 2011-08 amends Topic 350, “Intangibles – Goodwill and Other,” to give entities the option to first assess qualitative factors to determine whether the existence of events or circumstances leads to a determination that it is more likely than not that the fair value of a reporting unit is less than its carrying amount. If, after assessing the totality of events or circumstances, an entity determines it is not more likely than not that the fair value of a reporting unit is less than its carrying amount, then performing the two-step impairment test is unnecessary. However, if an entity concludes otherwise, then it is required to perform the first step of the two-step impairment test by calculating the fair value of the reporting unit and comparing the fair value with the carrying amount of the reporting unit. ASU 2011-08 became effective for the Corporation on January 1, 2012 and did not have a significant impact on the Corporation’s financial statements.

ASU 2011-11, “Balance Sheet (Topic 210) – “Disclosures about Offsetting Assets and Liabilities.” ASU 2011-11 amends Topic 210, “Balance Sheet,” to require an entity to disclose both gross and net information about financial instruments, such as sales and repurchase agreements and reverse sale and repurchase agreements and securities borrowing/lending arrangements, and derivative instruments that are eligible for offset in the statement of financial position and/or subject to a master netting arrangement or similar agreement. ASU 2011-11 is effective for annual and interim periods beginning on January 1, 2013, and is not expected to have a significant impact on the Corporation’s financial statements.

ASU 2011-12 “Comprehensive Income (Topic 220) – Deferral of the Effective Date for Amendments to the Presentation of Reclassifications of Items Out of Accumulated Other Comprehensive Income in Accounting Standards Update No. 2011-05.” ASU 2011-12 defers changes in ASU No. 2011-05 that relate to the presentation of reclassification adjustments to allow the FASB time to redeliberate whether to require presentation of such adjustments on the face of the financial statements to show the effects of reclassifications out of accumulated other comprehensive income on the components of net income and other comprehensive income. ASU 2011-12 allows entities to continue to report reclassifications out of accumulated other comprehensive income consistent with the presentation requirements in effect before ASU No. 2011-05. All other requirements in ASU No. 2011-05 are not affected by ASU No. 2011-12. ASU 2011-12 became effective for the Corporation on January 1, 2012 and did not have a significant impact on the Corporation’s financial statements.

- Definition

The entire disclosure of changes in accounting principles, including adoption of new accounting pronouncements, that describes the new methods, amount and effects on financial statement line items.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Direct Effects of a Change in Accounting Principle
-URI http://asc.fasb.org/extlink&oid=6510796

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Change in Accounting Principle
-URI http://asc.fasb.org/extlink&oid=6507316

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6801783&loc=d3e22583-107794

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Indirect Effects of a Change in Accounting Principle
-URI http://asc.fasb.org/extlink&oid=6515603

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 270
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.10-01.(b)(6))
-URI http://asc.fasb.org/extlink&oid=6958853&loc=d3e46468-122699

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6801783&loc=d3e22580-107794

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Accounting Change
-URI http://asc.fasb.org/extlink&oid=6503790

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6801783&loc=d3e22499-107794

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Retrospective Application
-URI http://asc.fasb.org/extlink&oid=6523989

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 270
-SubTopic 10
-Section 45
-Paragraph 12
-URI http://asc.fasb.org/extlink&oid=6372559&loc=d3e725-108305

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 270
-SubTopic 10
-Section 45
-Paragraph 13
-URI http://asc.fasb.org/extlink&oid=6372559&loc=d3e765-108305

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 01
-Paragraph b
-Subparagraph 6
-Article 10

+ Details

Purchase and Assumption (Tables)

6 Months Ended

Jun. 30, 2012

Assets and Liabilities of SCB Recorded at Provisional Fair Value

The statement of net assets and liabilities acquired as of February 10, 2012, are presented below. The assets and liabilities of SCB were recorded at the respective acquisition date provisional fair values, and identifiable intangible assets were recorded at provisional fair value.

Assets			Liabilities
Cash and due from banks (1)	$	29,113	Deposits:
Investment securities, available for sale		18,896	Non-interest bearing	$	13,715
Federal Home Loan Bank stock		1,761	NOW accounts		14,746
Loans:			Savings and money market		25,843
Commercial		51,042	Certificate of deposit		71,605
Residential mortgage		11,181	Total Deposits		125,909
Installment		31,570
Total Loans		93,793	Federal Home Loan Bank advances		10,286
			Other liabilities		804
Premises		1,516	Total Liabilities Assumed	$	136,999
Core deposit intangible		484
Other assets		560	Net Gain on Acquisition	$	9,124
Total Assets Purchased	$	146,123

(1)	Includes $17,200,000 cash received from the FDIC.

Acquired Loans Accounted With ASC 310 30

Preliminary estimate of contractually required principal and interest at acquisition	$	31,143
Preliminary estimate of contractual cash flows not expected to be collected (nonaccretable differences)		9,688
Preliminary estimate of expected cash flows at acquisition		21,455
Preliminary estimate of interest component of expected cash flows (accretable discount)		4,152
Preliminary estimate of fair value of acquired loans accounted for under ASC 310-30	$	17,303

Carrying Amount of Loans Included in Balance Sheet Amounts of Loans Receivable

The carrying amount of these loans is included in the balance sheet amounts of loans receivable at June 30, 2012. The amounts of loans at June 30, 2012, are as follows:

	June 30,
	2012
Commercial and industrial loans	$	12,126
Agricultural production finance and other loans to farmers		1,479
Real estate loans
Construction		91
Commercial and farmland		29,611
Residential		34,151
Individuals' loans for household and other personal expenditures		1,152
Other loans		1,025
Total	$	79,635

Accretable Yield Or Income Expected to be Collected

Accretable yield, or income expected to be collected, is as follows:

	June 30,
	2012
Beginning balance, February 10, 2012	$	9,774
Accretions		(726	)
Ending balance, June 30, 2012	$	9,048

Investment Securities (Tables)

6 Months Ended

Jun. 30, 2012

Amortized Cost and Approximate Fair Values of Securities

The amortized cost, gross unrealized gains, gross unrealized losses and approximate fair values of the investment securities at the dates indicated were:

	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Value
Available for sale at June 30, 2012
U.S. Government-sponsored agency securities	$	4,841	$	92			$	4,933
State and municipal		136,011		9,614	$	28		145,597
U.S. Government-sponsored mortgage-backed securities		371,971		11,644		53		383,562
Corporate obligations		16,947		419		5,737		11,629
Equity securities		1,830						1,830
Total available for sale		531,600		21,769		5,818		547,551
Held to maturity at June 30, 2012
State and municipal		119,222		4,250		1		123,471
U.S. Government-sponsored mortgage-backed securities		277,548		12,228				289,776
Total held to maturity		396,770		16,478		1		413,247
Total Investment Securities	$	928,370	$	38,247	$	5,819	$	960,798

	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Value
Available for sale at December 31, 2011
U.S. Government-sponsored agency securities	$	99	$	18			$	117
State and municipal		136,857		10,496				147,353
U.S. Government-sponsored mortgage-backed securities		358,928		10,086	$	16		368,998
Corporate obligations		5,765				5,572		193
Equity securities		1,830						1,830
Total available for sale		503,479		20,600		5,588		518,491
Held to maturity at December 31, 2011
State and municipal		120,171		3,785				123,956
U.S. Government-sponsored mortgage-backed securities		307,738		10,775				318,513
Total held to maturity		427,909		14,560				442,469
Total Investment Securities	$	931,388	$	35,160	$	5,588	$	960,960

Amortized Cost and Fair Value of Available for Sale Securities and Held to Maturity Securities by Contractual Maturity

	Available for Sale				Held to Maturity
	Amortized Cost		Fair Value		Amortized Cost		Fair Value
Maturity Distribution at June 30, 2012:
Due in one year or less	$	5,513	$	5,574	$	3,345	$	3,345
Due after one through five years		19,028		19,909		2,953		2,979
Due after five through ten years		29,106		30,906		51,873		53,415
Due after ten years		104,152		105,770		61,051		63,732
	$	157,799	$	162,159	$	119,222	$	123,471

U.S. Government-sponsored mortgage-backed securities		371,971		383,562		277,548		289,776
Equity securities		1,830		1,830
Total Investment Securities	$	531,600	$	547,551	$	396,770	$	413,247

Gross Gains and Losses on Sales and Redemptions of Available for Sale Securities and Other Than Temporary Impairment Losses Recognized

	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2012		2011		2012		2011
Sales and Redemptions of Available for Sale Securities:
Gross gains	$	502	$	825	$	1,291	$	1,288
Other-than-temporary impairment losses							$	400

Investments' Gross Unrealized Losses and Fair Value Aggregated by Investment Category and Length of Time in Continuous Unrealized Loss Position

	Less than 12 Months					12 Months or Longer					Total
	Fair Value		Gross Unrealized Losses			Fair Value		Gross Unrealized Losses			Fair Value		Gross Unrealized Losses
Temporarily Impaired Investment
Securities at June 30, 2012
State and municipal	$	4,545	$	(29	)						$	4,545	$	(29	)
U.S. Government-sponsored mortgage-backed securities		7,817		(53	)							7,817		(53	)
Corporate obligations						$	168	$	(5,737	)		168		(5,737	)
Total Temporarily Impaired Investment Securities	$	12,362	$	(82	)	$	168	$	(5,737	)	$	12,530	$	(5,819	)

	Less than 12 Months					12 Months or Longer					Total
	Fair Value		Gross Unrealized Losses			Fair Value		Gross Unrealized Losses			Fair Value		Gross Unrealized Losses
Temporarily Impaired Investment
Securities at December 31, 2011
State and municipal
U.S. Government-sponsored mortgage-backed securities	$	6,176	$	(16	)						$	6,176	$	(16	)
Corporate obligations						$	163	$	(5,572	)		163		(5,572	)
Total Temporarily Impaired Investment Securities	$	6,176	$	(16	)	$	163	$	(5,572	)	$	6,339	$	(5,588	)

Investments in Debt and Equity Securities Reported Less than Historical Cost

Certain investments in debt and equity securities are reported in the financial statements at an amount less than their historical cost as indicated in the table below.

	June 30, 2012			December 31, 2011
Investments reported at less than historical cost:
Historical cost	$	18,349		$	11,925
Fair value	$	12,530		$	6,339
Percent of the Corporation's available for sale and held to maturity portfolio		1.3	%		0.7	%

Debt Securities Credit Loss Recognized in Income, and Other Losses Recorded in Other Comprehensive Income

The following table provides information about debt securities for which only a credit loss was recognized in income and other losses were recorded in other comprehensive income.

	Accumulated Credit Losses in 2012		Accumulated Credit Losses in 2011
Credit losses on debt securities held:
Balance, January 1	$	11,355	$	10,955
Additions related to other-than-temporary losses not previously recognized				400
Balance, June 30	$	11,355	$	11,355

- Definition

Tabular disclosure of the amount of other than temporary impairment (OTTI) related to credit losses recognized in earnings including: (a) the beginning balance of the amount related to credit losses on debt securities held by the investor at the beginning of the period for which a portion of an OTTI was recognized in other comprehensive income; (b) additions for the amount related to the credit loss for which an OTTI was not previously recognized; (c) reductions for securities sold during the period (realized); (d) reductions for securities for which the amount previously recognized in other comprehensive income was recognized in earnings because the investor intends to sell the security or more likely than not will be required to sell the security before recovery of its amortized cost basis; (e) additional increases to the amount related to the credit loss for which an OTTI was previously recognized when the investor does not intend to sell the security and it is not more likely than not that the investor will be required to sell the security before recovery of its amortized cost basis; (f) reductions for increases in cash flows expected to be collected that are recognized over the remaining life of the security; and (g) the ending balance of the amount related to credit losses on debt securities held by the entity at the end of the period for which a portion of an OTTI was recognized in other comprehensive income.

+ References + Details

Loans and Allowance (Tables)

6 Months Ended

Jun. 30, 2012

Composition of Loan Portfolio by Loan Class

The following table shows the composition of the corporation’s loan portfolio by loan class for the periods indicated:

	June 30,			December 31,
	2012			2011
Loans:
Commercial and industrial loans	$	552,353		$	532,523
Agricultural production financing and other loans to farmers		106,135			104,526
Real estate loans:
Construction		99,588			81,780
Commercial and farm land		1,219,114			1,194,230
Residential		480,917			481,493
Home Equity		207,250			191,631
Individual's loans for household and other personal expenditures		83,933			84,172
Lease financing receivables, net of unearned income		2,976			3,555
Other loans		45,368			39,505
		2,797,634			2,713,415
Allowance for loan losses		(70,143	)		(70,898	)
Total Loans	$	2,727,491		$	2,642,517

Changes in Allowance for Loan Losses

The following tables summarize changes in the allowance for loan losses by loan segment for the three and six months ended June 30, 2012 and June 30, 2011:

	Three Months Ended June 30, 2012
	Commercial			Real Estate Commercial			Consumer			Residential			Finance Leases	Total
Allowance for loan losses:
Balances, April 1	$	15,574		$	37,907		$	2,805		$	14,083			$	70,369
Provision for losses		4,325			(750	)		(177	)		1,147				4,545
Recoveries on loans		519			1,636			168			481				2,804
Loans charged off		(2,627	)		(3,660	)		(365	)		(923	)			(7,575	)
Balances, June 30, 2012	$	17,791		$	35,133		$	2,431		$	14,788			$	70,143

	Six Months Ended June 30, 2012
	Commercial			Real Estate Commercial			Consumer			Residential			Finance Leases			Total
Allowance for loan losses:
Balances, January 1	$	17,731		$	37,919		$	2,902		$	12,343		$	3		$	70,898
Provision for losses		4,902			1,028			(161	)		3,655			(4	)		9,420
Recoveries on loans		667			1,864			376			794			1			3,702
Loans charged off		(5,509	)		(5,678	)		(686	)		(2,004	)					(13,877	)
Balances, June 30, 2012	$	17,791		$	35,133		$	2,431		$	14,788					$	70,143

	Three Months Ended June 30, 2011
	Commercial			Real Estate Commercial			Consumer			Residential			Finance Leases			Total
Allowance for loan losses:
Balances, April 1	$	30,206		$	37,240		$	3,098		$	10,371		$	21		$	80,936
Provision for losses		(11,993	)		14,264			(253	)		3,617			(10	)		5,625
Recoveries on loans		6,351			545			332			225			3			7,456
Loans charged off		(849	)		(13,381	)		(318	)		(2,336	)					(16,884	)
Balances, June 30, 2011	$	23,715		$	38,668		$	2,859		$	11,877		$	14		$	77,133

	Six Months Ended June 30, 2011
	Commercial			Real Estate Commercial			Consumer			Residential			Finance Leases			Total
Allowance for loan losses:
Balances, January 1	$	32,508		$	36,341		$	3,622		$	10,408		$	98		$	82,977
Provision for losses		(13,875	)		21,190			(468	)		4,459			(87	)		11,219
Recoveries on loans		6,998			866			618			697			3			9,182
Loans charged off		(1,916	)		(19,729	)		(913	)		(3,687	)					(26,245	)
Balances, June 30, 2011	$	23,715		$	38,668		$	2,859		$	11,877		$	14		$	77,133

Allowance for Credit Losses and Loan Portfolio by Loan Segment

The following table shows the Corporation’s allowance for credit losses and loan portfolio by loan segment for the periods indicated:

	June 30, 2012
	Commercial		Commercial Real Estate		Consumer		Residential		Finance Leases		Total
Allowance Balances:
Individually evaluated for impairment	$	2,447	$	2,202			$	1,427			$	6,076
Collectively evaluated for impairment		15,344		32,931	$	2,431		13,361				64,067
Total Allowance for Loan Losses	$	17,791	$	35,133	$	2,431	$	14,788			$	70,143

Loan Balances:
Individually evaluated for impairment	$	16,596	$	56,343	$	139	$	15,204			$	88,282
Collectively evaluated for impairment		687,260		1,262,359		83,794		672,963	$	2,976		2,709,352
Total Loans	$	703,856	$	1,318,702	$	83,933	$	688,167	$	2,976	$	2,797,634

	December 31, 2011
	Commercial		Commercial Real Estate		Consumer		Residential		Finance Leases		Total
Allowance Balances:
Individually evaluated for impairment	$	4,701	$	2,504			$	733			$	7,938
Collectively evaluated for impairment		13,030		35,415	$	2,902		11,610	$	3		62,960
Total Allowance for Loan Losses	$	17,731	$	37,919	$	2,902	$	12,343	$	3	$	70,898

Loan Balances:
Individually evaluated for impairment	$	18,793	$	51,980			$	12,546			$	83,319
Collectively evaluated for impairment		657,760		1,224,031	$	84,172		660,578	$	3,555		2,630,096
Total Loans	$	676,553	$	1,276,011	$	84,172	$	673,124	$	3,555	$	2,713,415

Summary of Non-Accrual Loans by Loan class

The following table summarizes the Corporation’s non-accrual loans by loan class for the periods indicated:

	June 30,		December 31,
	2012		2011
Commercial and Industrial	$	13,723	$	12,246
Agriculture production financing and other loans
Real Estate Loans:
Construction		7,630		8,990
Commercial and farm land		26,838		31,093
Residential		12,583		14,805
Home Equity		1,855		1,896
Individuals loans for household and other personal expenditures		146		1
Lease financing receivables, net of unearned income		345
Other Loans		7		561
Total	$	63,127	$	69,592

Composition of Impaired Loans by Loan Class

The following table shows the composition of the Corporation’s commercial impaired loans by loan class as of June 30, 2012:

							Three Months Ended				Six Months Ended
	June 30, 2012						June 30, 2012				June 30, 2012
	Unpaid Principal Balance		Recorded Investment		Related Allowance		Average Recorded Investment		Interest Income Recognized		Average Recorded Investment		Interest Income Recognized
Impaired loans with no related allowance:
Commercial and industrial	$	26,307	$	10,487			$	11,411	$	39	$	12,418	$	64
Real Estate Loans:
Construction		12,309		7,197				8,040		16		8,581		29
Commercial and farm land		57,740		38,884				41,084		315		42,615		575
Residential		8,372		5,589				5,815		15		6,072		26
Home equity		3,754		567				570		3		585		6
Individuals loans for household and								139				139
other personal expenditures		283		139
Other loans		91		18				18				19
Total	$	108,856	$	62,881			$	67,077	$	388	$	70,429	$	700

Impaired loans with related allowance:
Commercial and industrial	$	6,523	$	6,091	$	2,447	$	6,111	$	11	$	6,136	$	21
Real Estate Loans:
Construction		2,176		1,931		235		1,931				1,936
Commercial and farm land		9,671		8,330		1,967		8,369		45		8,505		89
Residential		2,115		2,008		552		2,012		19		1,993		38
Home equity
Individuals loans for household and
other personal expenditures
Other loans
Total	$	20,485	$	18,360	$	5,201	$	18,423	$	75	$	18,570	$	148
Total Impaired Loans	$	129,341	$	81,241	$	5,201	$	85,500	$	463	$	88,999	$	848

The following table shows the composition of the Corporation’s commercial impaired loans by loan class as of December 31, 2011:

	December 31,2011
	Unpaid Principal Balance		Recorded Investment		Related Allowance		Average Recorded Investment		Interest Income Recognized
Impaired loans with no related allowance:
Commercial and industrial	$	23,364	$	10,116			$	13,399	$	615
Real Estate Loans:
Construction		14,301		7,701				8,836
Commercial and farm land		49,242		34,571				39,032		591
Residential		7,491		6,185				6,539		20
Home equity		4,425		1,241				1,500		15
Individuals loans for household and
other personal expenditures
Other loans		99		21				24
Total	$	98,922	$	59,835			$	69,330	$	1,241

Impaired loans with related allowance:
Commercial and industrial	$	8,691	$	8,104	$	4,142	$	8,196	$	174
Real Estate Loans:
Construction		961		961		321		961
Commercial and farm land		12,115		8,748		2,183		10,028		140
Residential		1,888		1,575		391		1,687		7
Home equity
Individuals loans for household and
other personal expenditures
Other loans		579		552		559		590
Total	$	24,234	$	19,940	$	7,596	$	21,462	$	321
Total Impaired Loans	$	123,156	$	79,775	$	7,596	$	90,792	$	1,562

Credit Quality of Loan Portfolio by Loan Class

	June 30, 2012
	Commercial Pass		Commercial Special Mention		Commercial Substandard		Commercial Doubtful		Consumer Performing		Consumer Non- Performing		Total Loans
Commercial and industrial	$	485,220	$	37,086	$	25,293	$	4,754					$	552,353
Agriculture production financing and other loans		105,269		352		514								106,135
Real Estate Loans:
Construction		76,112		2,116		21,246					$	114		99,588
Commercial and farm land		1,079,776		45,377		93,101		802				58		1,219,114
Residential		132,361		9,552		16,885		459	$	314,191		7,469		480,917
Home equity		14,543		1,298		1,778				188,108		1,523		207,250
Individuals loans for household and other personal expenditures										83,925		8		83,933
Lease financing receivables, net of unearned income										2,976				2,976
Other loans		45,314		11		43								45,368
Total	$	1,938,595	$	95,792	$	158,860	$	6,015	$	589,200	$	9,172	$	2,797,634

	December 31, 2011
	Commercial Pass		Commercial Special Mention		Commercial Substandard		Commercial Doubtful		Consumer Performing		Consumer Non Performing		Total Loans
Commercial and industrial	$	478,885	$	22,405	$	28,025	$	3,208					$	532,523
Agriculture production financing and other loans		101,289		1,582		1,655								104,526
Real Estate Loans:
Construction		47,611		3,672		22,376			$	7,762	$	359		81,780
Commercial and farm land		1,033,397		54,697		103,330		1,724		1,035		47		1,194,230
Residential		139,237		9,175		16,699		500		308,306		7,576		481,493
Home equity		15,912		499		3,317				170,776		1,127		191,631
Individuals loans for household and other personal expenditures										84,121		51		84,172
Lease financing receivables, net of unearned income										3,555				3,555
Other loans		38,917		15		21		552						39,505
Total	$	1,855,248	$	92,045	$	175,423	$	5,984	$	575,555	$	9,160	$	2,713,415

Past Due Aging of Loan Portfolio by Loan Class

The following table shows a past due aging of the Corporation’s loan portfolio, by loan class for June 30, 2012, and December 31, 2011:

	June 30, 2012
	Current		30-59 Days Past Due		60-89 Days Past Due		Loans > 90 Days And Accruing		Non- Accrual		Total Past Due & Non- Accrual		Total Loans
Commercial and industrial	$	535,910	$	2,086	$	506	$	128	$	13,723	$	16,443	$	552,353
Agriculture production financing and other loans		106,135												106,135
Real Estate Loans:
Construction		91,751		202				5		7,630		7,837		99,588
Commercial and farm land		1,184,882		5,095		2,122		177		26,838		34,232		1,219,114
Residential		459,104		6,967		1,936		327		12,583		21,813		480,917
Home equity		203,794		904		669		28		1,855		3,456		207,250
Individuals loans for household and other personal expenditures		83,065		649		73				146		868		83,933
Lease financing receivables, net of unearned income		2,631								345		345		2,976
Other loans		45,361								7		7		45,368
Total	$	2,712,633	$	15,903	$	5,306	$	665	$	63,127	$	85,001	$	2,797,634

	December 31, 2011
	Current		30-59 Days Past Due		60-89 Days Past Due		Loans > 90 Days And Accruing		Non- Accrual		Total Past Due & Non- Accrual		Total Loans
Commercial and industrial	$	518,764	$	1,332	$	135	$	46	$	12,246	$	13,759	$	532,523
Agriculture production financing and other loans		104,464		62								62		104,526
Real Estate Loans:
Construction		69,305		328		3,126		31		8,990		12,475		81,780
Commercial and farm land		1,140,897		16,457		5,783				31,093		53,333		1,194,230
Residential		458,925		5,485		2,087		191		14,805		22,568		481,493
Home equity		187,788		1,096		590		261		1,896		3,843		191,631
Individuals loans for household and other personal expenditures		82,837		1,075		208		51		1		1,335		84,172
Lease financing receivables, net of unearned income		3,555												3,555
Other loans		38,944								561		561		39,505
Total	$	2,605,479	$	25,835	$	11,929	$	580	$	69,592	$	107,936	$	2,713,415

Summary of Troubled Debt Restructurings

The following tables summarize troubled debt restructurings that occurred during the periods indicated:

	Three Months Ended						Six Months Ended
	June 30, 2012						June 30, 2012

	Pre-Modification		Post-Modification				Pre-Modification		Post-Modification
	Recorded Balance		Recorded Balance		Number of Loans		Recorded Balance		Recorded Balance		Number of Loans
Commercial and industrial	$	166	$	166		2	$	405	$	405		4
Real Estate Loans:
Construction		491		350		1		491		350		1
Commercial and farm land		730		735		4		2,508		2,369		6
Residential		1,733		1,598		11		1,957		1,822		15
Total	$	3,120	$	2,849		18	$	5,361	$	4,946		26

Summary of Troubled Debt Restructurings and Subsequent Defaults

The following table shows the recorded investment, as of June 30, 2012, of troubled debt restructurings that occurred during the periods indicated:

	Three Months Ended
			June 30, 2012
	Term		Rate				Total
	Modification		Modification		Combination		Modification
Commercial and industrial					$	31	$	31
Real Estate Loans:
Construction						346		346
Commercial and farm land	$	82				599		681
Residential		531	$	258		720		1,509
Total	$	613	$	258	$	1,696	$	2,567

	Six Months Ended
			June 30, 2012
	Term		Rate				Total
	Modification		Modification		Combination		Modification
Commercial and industrial	$	238			$	31	$	269
Real Estate Loans:
Construction						346		346
Commercial and farm land		1,717				599		2,316
Residential		531	$	258		944		1,733
Total	$	2,486	$	258	$	1,920	$	4,664

Commercial Non-Impaired Loans Included in ASC 450 Loss Migration Analysis

The following table summarizes troubled debt restructures that occurred between July 1, 2011, and June 30, 2012, subsequently defaulted during the period indicated:

	Three Months Ended				Six Months Ended
	June 30, 2012				June 30, 2012
	Number of Loans		Recorded Balance		Number of Loans		Recorded Balance
Commercial and Industrial						1	$	46
Real Estate Loans:
Construction
Commercial and farm land		2	$	445		3		1,203
Residential		5		2,283		5		2,283
Total		7	$	2,728		9	$	3,532

Derivative Financial Instruments (Tables)

6 Months Ended

Jun. 30, 2012

Effect of Derivative Financial Instruments on Income Statement

The table below presents the fair value of the Corporation’s derivative financial instruments, as well as their classification on the Balance Sheet, as of June 30, 2012, and December 31, 2011.

Asset Derivatives

Liability Derivatives

June 30, 2012

December 31, 2011

June 30, 2012

December 31, 2011

Balance Sheet

Location

Fair

Value

Balance Sheet

Location

Fair

Value

Balance Sheet

Location

Fair

Value

Balance Sheet

Location

Fair

Value

Derivatives designated as hedging instruments:

Interest rate contracts

Other Assets

243

Other Assets

424

Other Liabilities

3,277

Other Liabilities

2,305

Derivatives not designated as hedging instruments:

Interest rate contracts

Other Assets

5,552

Other Assets

5,241

Other Liabilities

5,859

Other Liabilities

5,492

Fair Value of Derivative Financial Instruments and Their Classification on Balance Sheet

The tables below present the effect of the Corporation’s derivative financial instruments on the Income Statement for the three and six months ended June 30, 2012, and 2011.

Derivatives Not Designated as Hedging Instruments under ASC 815-10	Location of Gain (Loss) Recognized Income on Derivative	Amount of Gain (Loss) Recognized Income on Derivative			Amount of Gain (Loss) Recognized Income on Derivative
		Three Months Ended June 30, 2012			Six Months Ended June 30, 2011
Interest rate contracts	Other income	$	(58	)	$	(55	)

Derivatives Not Designated as Hedging Instruments under ASC 815-10	Location of Gain (Loss) Recognized Income on Derivative	Amount of Gain (Loss) Recognized Income on Derivative			Amount of Gain (Loss) Recognized Income on Derivative
		Three Months Ended June 30, 2011			Six Months Ended June 30, 2011
Interest rate contracts	Other income	$	(21	)	$	2

- Definition

Tabular disclosure of the location and amount of gains and losses reported in the statement of financial performance, or when applicable, the statement of financial position. For example, (a) gains and losses recognized in the income statement on derivative instruments designated and qualifying as hedging instruments in fair value hedges and related hedged items designated and qualifying in fair value hedges and (b) gains and losses initially recognized in other comprehensive income on derivative instruments designated and qualifying as cash flow hedges.

+ References + Details

Disclosures About Fair Value of Assets and Liabilities (Tables)

6 Months Ended

Jun. 30, 2012

Fair Value Measurements of Assets and Liabilities Recognized in Consolidated Condensed Balance Sheets Measured at Fair Value

				Fair Value Measurements Using
June 30, 2012	Fair Value			Quoted Prices in Active Markets for Identical Assets (Level 1)	Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Available for sale securities:
U.S. Government-sponsored agency securities	$	4,933			$	4,933
State and municipal		145,597				126,059	$	19,538
U.S. Government-sponsored mortgage-backed securities		383,562				383,562
Corporate obligations		11,629				11,431		198
Marketable equity securities		1,830				1,826		4
Interest rate swap asset		5,552				5,552
Interest rate cap		243				243
Interest rate swap liability		(9,136	)			(9,136

				Fair Value Measurements Using
December 31, 2011	Fair Value			Quoted Prices in Active Markets for Identical Assets (Level 1)	Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Available for sale securities:
U.S. Government-sponsored agency securities	$	17			$	17
State and municipal		147,353				126,712	$	20,641
U.S. Government-sponsored mortgage-backed securities		368,998				368,998
Corporate obligations		193						193
Marketable equity securities		1,830				1,826		4
Interest rate swap asset		5,241						5,241
Interest rate cap		424						424
Interest rate swap liability		(7,797	)					(7,797	)

Reconciliation of Beginning and Ending Balances of Recurring Fair Value Measurements Recognized in Consolidated Condensed Balance Sheets using Significant Unobservable Level 3 Inputs

	Three Months Ended June 30, 2012						Six Months Ended June 30, 2012
	Available for Sale Securities			Interest Rate Swap Asset	Interest Rate Cap	Interest Rate Swap Liability	Available for Sale Securities			Interest Rate Swap Asset			Interest Rate Cap			Interest Rate Swap Liability
Balance at beginning of the period	$	19,878					$	20,838		$	5,241		$	424		$	(7,797	)
Total realized and unrealized gains and losses:
Included in net income (loss)											(860	)					863
Included in other comprehensive income		(238	)					(761	)		481			(15	)
Purchases, issuances and settlements
Transfers in/(out) of Level 3											(4,862	)		(409	)		6,934
Principal payments/additions		100						(337	)
Ending balance at June 30, 2012	$	19,740					$	19,740

	Three Months Ended June 30, 2011												Six Months Ended June 30, 2011
	Available for Sale Securities			Interest Rate Swap Asset			Interest Rate Cap			Interest Rate Swap Liability			Available for Sale Securities			Interest Rate Swap Asset			Interest Rate Cap			Interest Rate Swap Liability
Balance at beginning of the period	$	173		$	3,647		$	1,124		$	(3,379	)	$	186		$	4,002		$	1,109		$	(3,876	)
Total realized and unrealized gains and losses:
Included in net income (loss)					586						(607	)		(400	)		112						(110	)
Included in other comprehensive income		(82	)		(450	)		(170	)					240			(331	)		(155	)
Purchases, issuances and settlements
Transfers in/(out) of Level 3
Principal payments		89												154
Ending balance at June 30, 2011	$	180		$	3,783		$	954		$	(3,986	)	$	180		$	3,783		$	954		$	(3,986	)

Transfer Between Levels 1, 2 and 3 and Reasons For Transfers

Transfer between Levels 1, 2 and 3 and the reasons for those transfers are as follows:

	Quoted Prices in Active Markets for Identical Assets (Level 1)	Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Transfers from Level:
Interest rate swap asset				$	4,862	The interest rate swap and cap instruments were transferred
Interest rate cap					409	from Level 3 to Level 2 as of March 31, 2012 due to the Corporation's additional analysis of valuation methodologies. These instruments are valued using widely accepted valuation techniques including discounted cash flow analysis using observable inputs such as contractual terms and Libor-based rate curves.
Interest rate swap liability					6,934
Total Transfers from Level				$	12,205

Transfers to Level:
Interest rate swap asset		$	4,862			The interest rate swap and cap instruments were transferred
Interest rate cap			409			from Level 3 to Level 2 as of March 31, 2012 due to the Corporation's additional analysis of valuation methodologies. These instruments are valued using widely accepted valuation techniques including discounted cash flow analysis using observable inputs such as contractual terms and Libor-based rate curves.
Interest rate swap liability			6,934
Total Transfers to Level		$	12,205

Description of Valuation Methodologies Used for Instruments Measured at Fair Value on a Non-Recurring Basis and Recognized in Consolidated Condensed Balance Sheets

			Fair Value Measurements Using
June 30, 2012	Fair Value		Quoted Prices in Active Markets for Identical Assets (Level 1)	Significant Other Observable Inputs (Level 2)	Significant Unobservable Inputs (Level 3)
Impaired loans	$	20,780			$	20,780
Other real estate owned (collateral dependent)	$	6,563			$	6,563

			Fair Value Measurements Using
December 31, 2011	Fair Value		Quoted Prices in Active Markets for Identical Assets (Level 1)	Significant Other Observable Inputs (Level 2)	Significant Unobservable Inputs (Level 3)
Impaired loans	$	22,885			$	22,885
Other real estate owned (collateral dependent)	$	7,882			$	7,882

Unobservable Inputs Used in Recurring and Nonrecurring Level 3 Fair Value Measurements Other Than Goodwill

The following table presents quantitative information about unobservable inputs used in recurring and nonrecurring Level 3 fair value measurements, other than goodwill, at June 30, 2012.

	Fair Value		Valuation Technique	Unobservable Inputs	Range

State and municipal securities	$	19,538	Discounted cash flow	Maturity/Call date	1 month to 11 yrs
				Blend of US Muni BQ curve	A- to BBB-
				Discount rate	1% - 4	%

Corporate obligations/ Marketable equity securities	$	202	Discounted cash flow	Risk free rate	3 month libor
				plus Premium for illiquidity	plus 200bps

Impaired loans (collateral dependent)	$	20,780	Collateral based measurements	Discount to reflect current market conditions and ultimate collectabilty	0% - 50	%

Other real estate owned	$	6,563	Appraisals	Discount to reflect current market conditions	0% - 20	%

Estimated Fair Values of Financial Instruments

	June 30, 2012
	(unaudited)
	Carrying Amount		Quoted Prices in Active Markets for Identical Assets		Significant Other Observable Inputs		Significant Unobservable Inputs
	Carrying Amount		(Level 1)		(Level 2)		(Level 3)
Assets:
Cash and due from banks	$	68,493	$	68,493
Interest-bearing time deposits		41,760		41,760
Investment securities available for sale		547,551			$	527,811	$	19,740
Investment securities held to maturity		396,770				400,173		13,074
Mortgage loans held for sale		15,278				15,278
Loans		2,727,491						2,756,565
Federal Reserve Bank and Federal Home Loan Bank stock		33,033				33,033
Interest rate swap asset		5,795				5,795
Interest receivable		16,506				16,506
Liabilities:
Deposits	$	3,288,898	$	2,343,492	$	946,039
Borrowings:
Federal funds purchased		652				652
Securities sold under repurchase agreements		160,127				160,728
Federal Home Loan Bank advances		96,847				100,031
Subordinated debentures, revolving credit lines and term loans		115,951				68,852
Interest rate swap liability		9,136				9,136
Interest payable		2,168				2,168

	December 31, 2011
	(unaudited)
	Carrying Amount		Quoted Prices in Active Markets for Identical Assets		Significant Other Observable Inputs		Significant Unobservable Inputs
	Carrying Amount		(Level 1)		(Level 2)		(Level 3)
Assets:
Cash and due from banks	$	73,312	$	73,312
Interest-bearing time deposits		52,851		52,851
Investment securities available for sale		518,491			$	497,653	$	20,838
Investment securities held to maturity		427,909				428,737		13,732
Mortgage loans held for sale		17,864				17,864
Loans		2,642,517						2,658,227
Federal Reserve Bank and Federal Home Loan Bank stock		31,270				31,270
Interest rate swap asset		5,665						5,665
Interest receivable		17,723				17,723
Liabilities:
Deposits	$	3,134,655	$	2,195,679	$	944,078
Borrowings:
Securities sold under repurchase agreements		156,305				157,342
Federal Home Loan Bank advances		138,095				141,693
Subordinated debentures, revolving credit lines and term loans		194,974				142,632
Interest rate swap liability		7,797						7,797
Interest payable		2,925				2,925

- Definition

Tabular disclosure of the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments, assets, and liabilities. Such certain disclosures about the financial instruments, assets, and liabilities include: (1) the fair value of the required items together with their carrying amounts (as appropriate) and (2) the methodology and assumptions used in developing such estimates of fair value.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 12
-URI http://asc.fasb.org/extlink&oid=7491637&loc=d3e13476-108611

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=7578670&loc=d3e19207-110258

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 11
-URI http://asc.fasb.org/extlink&oid=7491637&loc=d3e13467-108611

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6447952&loc=d3e13220-108610

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=6957238&loc=d3e14172-108612

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 10
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=7491637&loc=d3e13433-108611

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 159
-Paragraph 19
-Subparagraph a, b, c(1), d(1)
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 107
-Paragraph 14
-Subparagraph a
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 107
-Paragraph 15
-Subparagraph b-d
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 159
-Paragraph 18
-Subparagraph c(2), d, e, f
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 157
-Paragraph 32
-Subparagraph a, c(1), c(2), c(3), d
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 107
-Paragraph 10
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Share-Based Compensation (Tables)

6 Months Ended

Jun. 30, 2012

Assumptions Used In 2012 Black Scholes Model

Risk-free interest rate	1.36%
Expected price volatility	46.22%
Dividend yield	3.29%
Forfeiture rate	4.77%
Weighted-average expected life, until exercise	7.2 years

Components of Share Based Compensation Awards

The following table summarizes the components of the Corporation's share-based compensation awards recorded as expense:

	Three Months Ended						Six Months Ended
	June 30,						June 30,
	2012			2011			2012			2011
Stock and ESPP Options
Pre-tax compensation expense	$	80		$	38		$	126		$	109
Income tax benefit		(2	)					(2	)		(1	)
Stock and ESPP option expense, net of income taxes	$	78		$	38		$	124		$	108
Restricted Stock Awards
Pre-tax compensation expense	$	280		$	312		$	560		$	609
Income tax benefit		(112	)		(111	)		(218	)		(213	)
Restricted stock awards expense, net of income taxes	$	168		$	201		$	342		$	396
Total Share-Based Compensation:
Pre-tax compensation expense	$	360		$	350		$	686		$	718
Income tax benefit		(114	)		(111	)		(220	)		(214	)
Total share-based compensation expense, net of income taxes	$	246		$	239		$	466		$	504

Stock Option Activity Under Stock Option Plans

Stock option activity under the Corporation's stock option plans as of June 30, 2012 and changes during the six months ended June 30, 2012, were as follows:

	Number of Shares			Weighted- Average Exercise Price		Weighted Average Remaining Contractual Term (in Years)		Aggregate Intrinsic Value
Outstanding at January 1, 2012		1,035,871		$	22.57
Granted/ Converted		33,301		$	11.38
Cancelled		(2,768	)	$	19.00
Outstanding June 30, 2012		1,066,404		$	22.23		4.53		609,772
Vested and Expected to Vest at June 30, 2012		1,066,404		$	22.23		4.05		609,772
Exercisable at June 30, 2012		999,104		$	23.04		4.18		462,023

Unvested RSAs Outstanding

The following table summarizes information on unvested RSAs outstanding as of June 30, 2012:

	Number of Shares			Weighted-Average Grant Date Fair Value
Unvested RSAs at January 1, 2012		338,087		$	8.65
Granted		140,733		$	11.43
Forfeited		(2,350	)	$	7.73
Vested		(73,470	)	$	12.30
Unvested RSAs at June 30, 2012		403,000		$	8.94

- Definition

Tabular disclosure of the allocation of equity-based compensation costs to a given line item on the balance sheet and income statement for the period. This may include the reporting line for the costs and the amount capitalized and expensed.

+ References + Details

Income Tax (Tables)

6 Months Ended

Jun. 30, 2012

Income tax

	Three Months Ended						Six Months Ended
	June 30,						June 30,
	2012			2011			2012			2011
Income Tax Expense :
Currently Payable:
Federal	$	518		$	(450	)	$	1,336		$	(902	)
State
Deferred:
Federal		2,770			1,846			7,452			4,697
State
Total Income Tax Expense	$	3,288		$	1,396		$	8,788		$	3,795

Reconciliation of Federal Statutory to Actual Tax Expense:
Federal statutory income tax at 35%	$	4,372		$	2,409		$	11,327		$	5,160
Tax-exempt interest income		(930	)		(961	)		(1,861	)		(1,877	)
Non-deductible interest expense					210						419
Stock compensation		26			13			42			37
Earnings on life insurance		(231	)		(200	)		(714	)		(402	)
Tax credits		(18	)		(13	)		(36	)		(26	)
Other		69			(62	)		30			484
Actual Tax Expense	$	3,288		$	1,396		$	8,788		$	3,795

Net Income Per Share (Tables)

6 Months Ended

Jun. 30, 2012

Net Income Per Share

	Three Months Ended June 30,
	2012							2011
	Net Income			Weighted- Average Shares		Per Share Amount		Net Income			Weighted- Average Shares		Per Share Amount
Basic net income per share:	$	9,205						$	5,488
Preferred Stock dividends and discount accretion		(1,135	)						(990	)
Net income available to common stockholders	$	8,070			28,624,609	$	0.28	$	4,498			25,656,826	$	0.18
Effect of dilutive stock options and warrants					190,410							125,973
Diluted net income (loss) per share:
Net income available to common stockholders	$	8,070			28,815,019	$	0.28	$	4,498			25,782,799	$	0.18

	Six Months Ended June 30,
	2012						2011
	Net Income		Weighted- Average Shares		Per Share Amount		Net Income		Weighted- Average Shares		Per Share Amount
Basic net income per share:	$	23,576					$	10,949
Preferred Stock dividends and discount accretion		2,270						1,978
Net income available to common stockholders	$	21,306		28,603,612	$	0.74	$	8,971		25,631,340	$	0.35
Effect of dilutive stock options and warrants				178,430						141,523
Diluted net income (loss) per share:
Net income available to common stockholders	$	21,306		28,782,042	$	0.74	$	8,971		25,772,863	$	0.35

Components of Accumulated Other Comprehensive Income (Detail) - USD ($) $ in Thousands	Jun. 30, 2012	Dec. 31, 2011
Net unrealized gain on securities available for sale	$ 18,617	$ 18,244
Net unrealized loss on securities available for sale for which a portion of an other- than-temporary impairment has been recognized in income	(3,226)	(3,168)
Net unrealized loss on cash flow hedges	(2,590)	(1,841)
Defined benefit plans	(16,108)	(16,837)
Accumulated other comprehensive loss	$ (3,307)	$ (3,602)

- Definition

Accumulated change, net of tax, in accumulated gains and losses from derivative instruments designated and qualifying as the effective portion of cash flow hedges. Includes an entity's share of an equity investee's Increase or Decrease in deferred hedging gains or losses.

+ References + Details

- Definition

The total of net gain (loss), prior service cost (credit), and transition assets (obligations), as well as minimum pension liability if still remaining, included in accumulated other comprehensive income associated with a defined benefit pension or other postretirement plan(s) because they have yet to be recognized as components of net periodic benefit cost.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 10A
-Subparagraph (j-k)
-URI http://asc.fasb.org/extlink&oid=20435746&loc=SL7669646-108580

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 11
-URI http://asc.fasb.org/extlink&oid=20435746&loc=d3e637-108580

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 14
-URI http://asc.fasb.org/extlink&oid=20435746&loc=d3e681-108580

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (i)
-URI http://asc.fasb.org/extlink&oid=21915506&loc=d3e1928-114920

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 14A
-URI http://asc.fasb.org/extlink&oid=20435746&loc=SL7669686-108580

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 130
-Paragraph 26
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 158
-Paragraph 7
-Subparagraph c
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5
-Subparagraph i
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

- Definition

Accumulated change in equity from transactions and other events and circumstances from non-owner sources, net of tax effect, at period end. Excludes Net Income (Loss), and accumulated changes in equity from transactions resulting from investments by owners and distributions to owners. Includes foreign currency translation items, certain pension adjustments, unrealized gains and losses on certain investments in debt and equity securities, other than temporary impairment (OTTI) losses related to factors other than credit losses on available-for-sale and held-to-maturity debt securities that an entity does not intend to sell and it is not more likely than not that the entity will be required to sell before recovery of the amortized cost basis, as well as changes in the fair value of derivatives related to the effective portion of a designated cash flow hedge.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 11
-URI http://asc.fasb.org/extlink&oid=20435746&loc=d3e637-108580

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 14
-URI http://asc.fasb.org/extlink&oid=20435746&loc=d3e681-108580

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 14A
-URI http://asc.fasb.org/extlink&oid=20435746&loc=SL7669686-108580

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 31
-Article 5

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name FASB Staff Position (FSP)
-Number FAS115-1/124-1
-Paragraph 15D
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Principles Board Opinion (APB)
-Number 12
-Paragraph 10
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 130
-Paragraph 14, 17, 26
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 04
-Article 3

+ Details

- Definition

Accumulated other comprehensive loss related to portion of other than temporary impairment (OTTI) due to factors other than credit losses on debt securities categorized as available-for-sale that an entity does not intend to sell and which it is not more likely than not that the entity will be required to sell before recovery of the amortized cost basis of the debt security. The amount represented by this item is net of tax, as applicable.

+ References + Details

Purchase and Assumption - Additional Information (Detail) - USD ($)	Jun. 30, 2012	Mar. 31, 2012	Feb. 10, 2012	Dec. 31, 2011	Jun. 30, 2011	Mar. 31, 2011	Dec. 31, 2010
Business Acquisition [Line Items]
Assets Acquired			$ 147,700,000
Cash and cash equivalents			11,900,000
Marketable securities			18,896,000
Federal Home Loan Bank stock			1,800,000
Loans	$ 113,000,000		113,000,000
Premises and other assets			2,100,000
Liabilities absorbed			135,700,000
Customer deposits			125,700,000
Other Borrowed money			9,600,000
Other Liabilities			402,000
Assets acquired, discount			29,000,000
Difference between the purchase price of the assets acquired and the value of the liabilities assumed			17,200,000
Loan portfolio acquired, fair value discount	19,200,000
Performing portion of loan portfolio, fair value			93,793,000
Loans, allowance for loan losses	70,143,000	$ 70,369,000		$ 70,898,000	$ 77,133,000	$ 80,936,000	$ 82,977,000
Specific reserves
Business Acquisition [Line Items]
Loans, allowance for loan losses	$ 563,000
Loans Receivable
Business Acquisition [Line Items]
Loans			86,300,000
Loan portfolio acquired, fair value discount			19,200,000
Performing portion of loan portfolio, fair value			$ 76,500,000

Assets and Liabilities of SCB Recorded at Provisional Fair Value (Detail) - USD ($)
$ in Thousands

1 Months Ended

6 Months Ended

Feb. 10, 2012

Jun. 30, 2012

Business Acquisition [Line Items]

Cash and due from banks

^[1]

$ 29,113

Investment securities, available for sale

18,896

Federal Home Loan Bank stock

1,761

Loans

93,793

Premises

1,516

Core deposit intangible

484

Other assets

560

Total Assets Purchased

146,123

Deposits

125,909

Federal Home Loan Bank advances

10,286

Other liabilities

804

Total Liabilities Assumed

136,999

Net Gain on Acquisition

9,124

$ 9,124

Commercial

Business Acquisition [Line Items]

Loans

51,042

Residential Mortgage

Business Acquisition [Line Items]

Loans

11,181

Installment Loans

Business Acquisition [Line Items]

Loans

31,570

Non Interest Bearing Deposits

Business Acquisition [Line Items]

Deposits

13,715

Negotiable Order of Withdrawal Accounts

Business Acquisition [Line Items]

Deposits

14,746

Money Market Funds

Business Acquisition [Line Items]

Deposits

25,843

Certificates of Deposit

Business Acquisition [Line Items]

Deposits

$ 71,605

[1]	Includes $17,200,000 cash received from the FDIC.

Assets and Liabilities of SCB Recorded at Provisional Fair Value (Parenthetical) (Detail)	Feb. 10, 2012 USD ($)
Business Acquisition [Line Items]
Cash received from FDIC	$ 17,200,000

Acquired Loans Accounted With ASC 310 30 (Detail) $ in Thousands	Feb. 10, 2012 USD ($)
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities Acquired During Period [Line Items]
Preliminary estimate of contractually required principal and interest at acquisition	$ 31,143
Preliminary estimate of contractual cash flows not expected to be collected (nonaccretable differences)	9,688
Preliminary estimate of expected cash flows at acquisition	21,455
Preliminary estimate of interest component of expected cash flows (accretable discount)	4,152
Preliminary estimate of fair value of acquired loans accounted for under ASC 310-30	$ 17,303

Carrying Amount of Loans Included in Balance Sheet Amounts of Loans Receivable (Detail) $ in Thousands	Jun. 30, 2012 USD ($)
Business Acquisition [Line Items]
Carrying amount of loans acquired	$ 79,635
Commercial and industrial
Business Acquisition [Line Items]
Carrying amount of loans acquired	12,126
Agriculture production financing and other loans
Business Acquisition [Line Items]
Carrying amount of loans acquired	1,479
Construction
Business Acquisition [Line Items]
Carrying amount of loans acquired	91
Commercial and farm land
Business Acquisition [Line Items]
Carrying amount of loans acquired	29,611
Residential
Business Acquisition [Line Items]
Carrying amount of loans acquired	34,151
Consumer
Business Acquisition [Line Items]
Carrying amount of loans acquired	1,152
Other Loans
Business Acquisition [Line Items]
Carrying amount of loans acquired	$ 1,025

Accretable Yield, or Income Expected to be Collected (Detail) $ in Thousands	5 Months Ended
	Jun. 30, 2012 USD ($)
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities Acquired During Period [Line Items]
Beginning balance, February 10, 2012	$ 9,774
Accretions	(726)
Ending balance, June 30, 2012	$ 9,048

Amortized Cost and Approximate Fair Values of Securities (Detail) - USD ($) $ in Thousands	Jun. 30, 2012	Dec. 31, 2011
Gain (Loss) on Investments [Line Items]
Amortized Cost	$ 531,600	$ 503,479
Gross Unrealized Gains	21,769	20,600
Gross Unrealized Losses	5,818	5,588
Fair Value	547,551	518,491
Amortized Cost	396,770	427,909
Gross Unrealized Gains	16,478	14,560
Gross Unrealized Losses	1
Fair Value	413,247	442,469
Amortized Cost	928,370	931,388
Gross Unrealized Gains	38,247	35,160
Gross Unrealized Losses	5,819	5,588
Fair Value	960,798	960,960
U.S. Government-sponsored agency securities
Gain (Loss) on Investments [Line Items]
Amortized Cost	4,841	99
Gross Unrealized Gains	92	18
Fair Value	4,933	117
State and municipal
Gain (Loss) on Investments [Line Items]
Amortized Cost	136,011	136,857
Gross Unrealized Gains	9,614	10,496
Gross Unrealized Losses	28
Fair Value	145,597	147,353
Amortized Cost	119,222	120,171
Gross Unrealized Gains	4,250	3,785
Gross Unrealized Losses	1
Fair Value	123,471	123,956
U.S. Government-sponsored mortgage-backed securities
Gain (Loss) on Investments [Line Items]
Amortized Cost	371,971	358,928
Gross Unrealized Gains	11,644	10,086
Gross Unrealized Losses	53	16
Fair Value	383,562	368,998
Amortized Cost	277,548	307,738
Gross Unrealized Gains	12,228	10,775
Fair Value	289,776	318,513
Corporate obligations
Gain (Loss) on Investments [Line Items]
Amortized Cost	16,947	5,765
Gross Unrealized Gains	419
Gross Unrealized Losses	5,737	5,572
Fair Value	11,629	193
Equity Securities
Gain (Loss) on Investments [Line Items]
Amortized Cost	1,830	1,830
Fair Value	$ 1,830	$ 1,830

Amortized Cost and Fair Value of Available for Sale Securities and Held to Maturity Securities by Contractual Maturity (Detail) $ in Thousands	Jun. 30, 2012 USD ($)
Schedule of Available for sale Securities and Held to maturity Securities [Line Items]
Due in one year or less	$ 5,513
Due after one through five years	19,028
Due after five through ten years	29,106
Due after ten years	104,152
Available-For-Sale Securities, Debt Maturity, with Single Maturity Date, Amortized Cost, Total	157,799
Total Investment Securities	531,600
Due in one year or less	5,574
Due after one through five years	19,909
Due after five through ten years	30,906
Due after ten years	105,770
Available-For-Sale Securities, Debt Maturity, with Single Maturity Date, Fair Value, Total	162,159
Total Investment Securities	547,551
Due in one year or less	3,345
Due after one through five years	2,953
Due after five through ten years	51,873
Due after ten years	61,051
Held-To-Maturity Securities, Debt Maturities, with Single Maturity Date, Net Carrying Amount, Total	119,222
Total Investment Securities	396,770
Due in one year or less	3,345
Due after one through five years	2,979
Due after five through ten years	53,415
Due after ten years	63,732
Held-To-Maturity Securities, Debt Maturity, with Single Maturity Date, Fair Value, Total	123,471
Total Investment Securities	413,247
U.S. Government-sponsored mortgage-backed securities
Schedule of Available for sale Securities and Held to maturity Securities [Line Items]
Without single maturity date	371,971
Without single maturity date	383,562
Without single maturity date	277,548
Without single maturity date	289,776
Equity Securities
Schedule of Available for sale Securities and Held to maturity Securities [Line Items]
Without single maturity date	1,830
Without single maturity date	$ 1,830

Investment Securities - Additional Information (Detail) - USD ($)	6 Months Ended
	Jun. 30, 2012	Dec. 31, 2011
Schedule of Available for sale Securities and Held to maturity Securities [Line Items]
Carrying value of securities pledged as collateral	$ 363,579,000	$ 299,478,000
Book value of securities sold under agreements to repurchase	145,705,000	129,311,000
Investment amortized cost	$ 928,370,000	$ 931,388,000
Maximum
Schedule of Available for sale Securities and Held to maturity Securities [Line Items]
Spread over LIBOR	1.57%
Minimum
Schedule of Available for sale Securities and Held to maturity Securities [Line Items]
Spread over LIBOR	0.85%
Trust Preferred Securities
Schedule of Available for sale Securities and Held to maturity Securities [Line Items]
Investment amortized cost	$ 5,900,000
Fair Value of Investments	$ 168,000
Trust Preferred Securities \| Maximum
Schedule of Available for sale Securities and Held to maturity Securities [Line Items]
Percentage of fair value of investments	1.00%

Gross Gains and Losses on Sales and Redemptions of Available for Sale Securities and Other Than Temporary Impairment Losses Recognized (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Sales and Redemptions of Available for Sale Securities:
Gross gains	$ 502	$ 825	$ 1,291	$ 1,288
Other-than-temporary impairment losses				$ 400

- Definition

The amount of other than temporary impairment losses on investments in debt and equity securities categorized as Available-for-sale which have been recognized in earnings during the period. Such impairment losses consist of other than temporary impairments (OTTI) on equity securities, credit losses on investments in debt securities, and when the entity intends to sell an impaired debt security or it is more likely than not that the entity will be required to sell the impaired debt security before recovery of its amortized cost basis.

+ References + Details

Investments' Gross Unrealized Losses and Fair Value Aggregated by Investment Category and Length of Time in Continuous Unrealized Loss Position (Detail) - USD ($) $ in Thousands	Jun. 30, 2012	Dec. 31, 2011
Investments, Unrealized Loss Position [Line Items]
Less than 12 Months Fair Value	$ 12,362	$ 6,176
Less than 12 Months Gross Unrealized Losses	(82)	(16)
12 Months or Longer Fair Value	168	163
12 Months or Longer Gross Unrealized Losses	(5,737)	(5,572)
Total Fair Value	12,530	6,339
Total Gross Unrealized Losses	(5,819)	(5,588)
State and municipal
Investments, Unrealized Loss Position [Line Items]
Less than 12 Months Fair Value	4,545
Less than 12 Months Gross Unrealized Losses	(29)
Total Fair Value	4,545
Total Gross Unrealized Losses	(29)
U.S. Government-sponsored mortgage-backed securities
Investments, Unrealized Loss Position [Line Items]
Less than 12 Months Fair Value	7,817	6,176
Less than 12 Months Gross Unrealized Losses	(53)	(16)
Total Fair Value	7,817	6,176
Total Gross Unrealized Losses	(53)	(16)
Corporate obligations
Investments, Unrealized Loss Position [Line Items]
12 Months or Longer Fair Value	168	163
12 Months or Longer Gross Unrealized Losses	(5,737)	(5,572)
Total Fair Value	168	163
Total Gross Unrealized Losses	$ (5,737)	$ (5,572)

Investments in Debt and Equity Securities Reported Less than Historical Cost (Detail) - USD ($) $ in Thousands	Jun. 30, 2012	Dec. 31, 2011
Schedule of Investments [Line Items]
Fair value	$ 12,530	$ 6,339
Investments in Debt and Equity Securities, Reported at Less than Historical Cost
Schedule of Investments [Line Items]
Historical cost	18,349	11,925
Fair value	$ 12,530	$ 6,339
Percent of the Corporation's available for sale and held to maturity portfolio	1.30%	0.70%

Debt Securities Credit Loss Recognized in Income, and Other Losses Recorded in Other Comprehensive Income (Detail) $ in Thousands	12 Months Ended
	Dec. 31, 2011 USD ($)
Credit losses on debt securities held:
Balance, January 1	$ 10,955
Additions related to other-than-temporary losses not previously recognized	400
Balance, June 30	$ 11,355

Loans and Allowance - Additional Information (Detail)	3 Months Ended	6 Months Ended
Loans and Allowance - Additional Information (Detail)	Jun. 30, 2012 USD ($)	Jun. 30, 2012 USD ($) Loan	Feb. 10, 2012 USD ($)	Dec. 31, 2011 USD ($)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loan Acquired during acquisition	$ 113,000,000	$ 113,000,000	$ 113,000,000
Fair Value Discount	19,200,000	19,200,000
Principal amount of loan	20,485,000	20,485,000		$ 24,234,000
Residential
Accounts, Notes, Loans and Financing Receivable [Line Items]
Residential real estate loans held for sale	15,278,000	15,278,000		17,864,000
Non- Accrual residential Mortgage Loans	7,040,000	7,040,000
Specific Reserves	875,000	875,000
Principal amount of loan	2,115,000	$ 2,115,000		$ 1,888,000
Residential \| Specific reserves
Accounts, Notes, Loans and Financing Receivable [Line Items]
Number of loans with specific reserve \| Loan		40
Principal amount of loan	$ 2,954,000	$ 2,954,000
Residential Real Estate and Home Equity
Accounts, Notes, Loans and Financing Receivable [Line Items]
Percentage of troubled debt restructured loans	61.00%	58.00%

Composition of Loan Portfolio by Loan Class (Detail) - USD ($) $ in Thousands	Jun. 30, 2012	Mar. 31, 2012	Dec. 31, 2011	Jun. 30, 2011	Mar. 31, 2011	Dec. 31, 2010
Loans:
Loans	$ 2,797,634		$ 2,713,415
Allowance for loan losses	(70,143)	$ (70,369)	(70,898)	$ (77,133)	$ (80,936)	$ (82,977)
Total Loans	2,727,491		2,642,517
Commercial and industrial
Loans:
Loans	552,353		532,523
Agriculture production financing and other loans
Loans:
Loans	106,135		104,526
Construction
Loans:
Loans	99,588		81,780
Commercial and farm land
Loans:
Loans	1,219,114		1,194,230
Residential
Loans:
Loans	480,917		481,493
Allowance for loan losses	(14,788)	(14,083)	(12,343)	(11,877)	(10,371)	(10,408)
Home Equity
Loans:
Loans	207,250		191,631
Consumer
Loans:
Loans	83,933		84,172
Allowance for loan losses	(2,431)	$ (2,805)	(2,902)	(2,859)	(3,098)	(3,622)
Finance Lease
Loans:
Loans	2,976		3,555
Allowance for loan losses			(3)	$ (14)	$ (21)	$ (98)
Other Loans
Loans:
Loans	$ 45,368		$ 39,505

Changes in Allowance for Loan Losses by Loan Segment (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Allowance for loan losses:
Beginning balance	$ 70,369	$ 80,936	$ 70,898	$ 82,977
Provision for losses	4,545	5,625	9,420	11,219
Recoveries on loans	2,804	7,456	3,702	9,182
Loans charged off	(7,575)	(16,884)	(13,877)	(26,245)
Ending balance	70,143	77,133	70,143	77,133
Commercial
Allowance for loan losses:
Beginning balance	15,574	30,206	17,731	32,508
Provision for losses	4,325	(11,993)	4,902	(13,875)
Recoveries on loans	519	6,351	667	6,998
Loans charged off	(2,627)	(849)	(5,509)	(1,916)
Ending balance	17,791	23,715	17,791	23,715
Commercial Real Estate
Allowance for loan losses:
Beginning balance	37,907	37,240	37,919	36,341
Provision for losses	(750)	14,264	1,028	21,190
Recoveries on loans	1,636	545	1,864	866
Loans charged off	(3,660)	(13,381)	(5,678)	(19,729)
Ending balance	35,133	38,668	35,133	38,668
Consumer
Allowance for loan losses:
Beginning balance	2,805	3,098	2,902	3,622
Provision for losses	(177)	(253)	(161)	(468)
Recoveries on loans	168	332	376	618
Loans charged off	(365)	(318)	(686)	(913)
Ending balance	2,431	2,859	2,431	2,859
Residential
Allowance for loan losses:
Beginning balance	14,083	10,371	12,343	10,408
Provision for losses	1,147	3,617	3,655	4,459
Recoveries on loans	481	225	794	697
Loans charged off	(923)	(2,336)	(2,004)	(3,687)
Ending balance	$ 14,788	11,877	14,788	11,877
Finance Lease
Allowance for loan losses:
Beginning balance		21	3	98
Provision for losses		(10)	(4)	(87)
Recoveries on loans		3	$ 1	3
Ending balance		$ 14		$ 14

Allowance for Credit Losses and Loan Portfolio by Loan Segment (Detail) - USD ($) $ in Thousands	Jun. 30, 2012	Mar. 31, 2012	Dec. 31, 2011	Jun. 30, 2011	Mar. 31, 2011	Dec. 31, 2010
Financing Receivable, Allowance for Credit Losses [Line Items]
Individually evaluated for impairment	$ 6,076		$ 7,938
Collectively evaluated for impairment	64,067		62,960
Total Allowance for Loan Losses	70,143	$ 70,369	70,898	$ 77,133	$ 80,936	$ 82,977
Individually evaluated for impairment	88,282		83,319
Collectively evaluated for impairment	2,709,352		2,630,096
Loans	2,797,634		2,713,415
Commercial
Financing Receivable, Allowance for Credit Losses [Line Items]
Individually evaluated for impairment	2,447		4,701
Collectively evaluated for impairment	15,344		13,030
Total Allowance for Loan Losses	17,791	15,574	17,731	23,715	30,206	32,508
Individually evaluated for impairment	16,596		18,793
Collectively evaluated for impairment	687,260		657,760
Loans	703,856		676,553
Commercial Real Estate
Financing Receivable, Allowance for Credit Losses [Line Items]
Individually evaluated for impairment	2,202		2,504
Collectively evaluated for impairment	32,931		35,415
Total Allowance for Loan Losses	35,133	37,907	37,919	38,668	37,240	36,341
Individually evaluated for impairment	56,343		51,980
Collectively evaluated for impairment	1,262,359		1,224,031
Loans	1,318,702		1,276,011
Consumer
Financing Receivable, Allowance for Credit Losses [Line Items]
Collectively evaluated for impairment	2,431		2,902
Total Allowance for Loan Losses	2,431	2,805	2,902	2,859	3,098	3,622
Individually evaluated for impairment	139
Collectively evaluated for impairment	83,794		84,172
Loans	83,933		84,172
Residential
Financing Receivable, Allowance for Credit Losses [Line Items]
Individually evaluated for impairment	1,427		733
Collectively evaluated for impairment	13,361		11,610
Total Allowance for Loan Losses	14,788	$ 14,083	12,343	11,877	10,371	10,408
Individually evaluated for impairment	15,204		12,546
Collectively evaluated for impairment	672,963		660,578
Loans	688,167		673,124
Finance Lease
Financing Receivable, Allowance for Credit Losses [Line Items]
Collectively evaluated for impairment			3
Total Allowance for Loan Losses			3	$ 14	$ 21	$ 98
Collectively evaluated for impairment	2,976		3,555
Loans	$ 2,976		$ 3,555

Summary of Non-Accrual Loans by Loan Class (Detail) - USD ($) $ in Thousands	Jun. 30, 2012	Dec. 31, 2011
Accounts, Notes, Loans and Financing Receivable [Line Items]
Non-accrual loans	$ 63,127	$ 69,592
Commercial and industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Non-accrual loans	13,723	12,246
Construction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Non-accrual loans	7,630	8,990
Commercial and farm land
Accounts, Notes, Loans and Financing Receivable [Line Items]
Non-accrual loans	26,838	31,093
Residential
Accounts, Notes, Loans and Financing Receivable [Line Items]
Non-accrual loans	12,583	14,805
Home Equity
Accounts, Notes, Loans and Financing Receivable [Line Items]
Non-accrual loans	1,855	1,896
Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Non-accrual loans	146	1
Finance Lease
Accounts, Notes, Loans and Financing Receivable [Line Items]
Non-accrual loans	345
Other Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Non-accrual loans	$ 7	$ 561

Composition of Impaired Loans by Loan Class (Detail) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended	12 Months Ended
	Jun. 30, 2012	Jun. 30, 2012	Dec. 31, 2011
Financing Receivable, Impaired [Line Items]
Unpaid Principal Balance	$ 108,856	$ 108,856	$ 98,922
Unpaid Principal Balance	129,341	129,341	123,156
Recorded Investment	62,881	62,881	59,835
Recorded Investment	81,241	81,241	79,775
Related Allowance
Average Recorded Investment	67,077	70,429	69,330
Interest Income Recognized	388	700	1,241
Unpaid Principal Balance	20,485	20,485	24,234
Recorded Investment	18,360	18,360	19,940
Related Allowance	5,201	5,201	7,596
Average Recorded Investment	18,423	18,570	21,462
Average Recorded Investment	85,500	88,999	90,792
Interest Income Recognized	75	148	321
Interest Income Recognized	463	848	1,562
Commercial and industrial
Financing Receivable, Impaired [Line Items]
Unpaid Principal Balance	26,307	26,307	23,364
Recorded Investment	10,487	10,487	10,116
Related Allowance
Average Recorded Investment	11,411	12,418	13,399
Interest Income Recognized	39	64	615
Unpaid Principal Balance	6,523	6,523	8,691
Recorded Investment	6,091	6,091	8,104
Related Allowance	2,447	2,447	4,142
Average Recorded Investment	6,111	6,136	8,196
Interest Income Recognized	11	21	174
Construction
Financing Receivable, Impaired [Line Items]
Unpaid Principal Balance	12,309	12,309	14,301
Recorded Investment	7,197	7,197	7,701
Related Allowance
Average Recorded Investment	8,040	8,581	8,836
Interest Income Recognized	16	29
Unpaid Principal Balance	2,176	2,176	961
Recorded Investment	1,931	1,931	961
Related Allowance	235	235	321
Average Recorded Investment	1,931	1,936	961
Commercial and farm land
Financing Receivable, Impaired [Line Items]
Unpaid Principal Balance	57,740	57,740	49,242
Recorded Investment	38,884	38,884	34,571
Related Allowance
Average Recorded Investment	41,084	42,615	39,032
Interest Income Recognized	315	575	591
Unpaid Principal Balance	9,671	9,671	12,115
Recorded Investment	8,330	8,330	8,748
Related Allowance	1,967	1,967	2,183
Average Recorded Investment	8,369	8,505	10,028
Interest Income Recognized	45	89	140
Residential
Financing Receivable, Impaired [Line Items]
Unpaid Principal Balance	8,372	8,372	7,491
Recorded Investment	5,589	5,589	6,185
Related Allowance
Average Recorded Investment	5,815	6,072	6,539
Interest Income Recognized	15	26	20
Unpaid Principal Balance	2,115	2,115	1,888
Recorded Investment	2,008	2,008	1,575
Related Allowance	552	552	391
Average Recorded Investment	2,012	1,993	1,687
Interest Income Recognized	19	38	7
Home Equity
Financing Receivable, Impaired [Line Items]
Unpaid Principal Balance	3,754	3,754	4,425
Recorded Investment	567	567	1,241
Related Allowance
Average Recorded Investment	570	585	1,500
Interest Income Recognized	3	6	15
Consumer
Financing Receivable, Impaired [Line Items]
Unpaid Principal Balance	283	283
Recorded Investment	139	139
Related Allowance
Average Recorded Investment	139	139
Other Loans
Financing Receivable, Impaired [Line Items]
Unpaid Principal Balance	91	91	99
Recorded Investment	18	18	21
Related Allowance
Average Recorded Investment	$ 18	$ 19	24
Unpaid Principal Balance			579
Recorded Investment			552
Related Allowance			559
Average Recorded Investment			$ 590

Credit Quality of Loan Portfolio by Loan Class (Detail) - USD ($) $ in Thousands	Jun. 30, 2012	Dec. 31, 2011
Financing Receivable, Recorded Investment [Line Items]
Loans	$ 2,797,634	$ 2,713,415
Commercial and industrial
Financing Receivable, Recorded Investment [Line Items]
Loans	552,353	532,523
Agriculture production financing and other loans
Financing Receivable, Recorded Investment [Line Items]
Loans	106,135	104,526
Construction
Financing Receivable, Recorded Investment [Line Items]
Loans	99,588	81,780
Commercial and farm land
Financing Receivable, Recorded Investment [Line Items]
Loans	1,219,114	1,194,230
Residential
Financing Receivable, Recorded Investment [Line Items]
Loans	480,917	481,493
Home Equity
Financing Receivable, Recorded Investment [Line Items]
Loans	207,250	191,631
Consumer
Financing Receivable, Recorded Investment [Line Items]
Loans	83,933	84,172
Finance Lease
Financing Receivable, Recorded Investment [Line Items]
Loans	2,976	3,555
Other Loans
Financing Receivable, Recorded Investment [Line Items]
Loans	45,368	39,505
Commercial Pass
Financing Receivable, Recorded Investment [Line Items]
Loans	1,938,595	1,855,248
Commercial Pass \| Commercial and industrial
Financing Receivable, Recorded Investment [Line Items]
Loans	485,220	478,885
Commercial Pass \| Agriculture production financing and other loans
Financing Receivable, Recorded Investment [Line Items]
Loans	105,269	101,289
Commercial Pass \| Construction
Financing Receivable, Recorded Investment [Line Items]
Loans	76,112	47,611
Commercial Pass \| Commercial and farm land
Financing Receivable, Recorded Investment [Line Items]
Loans	1,079,776	1,033,397
Commercial Pass \| Residential
Financing Receivable, Recorded Investment [Line Items]
Loans	132,361	139,237
Commercial Pass \| Home Equity
Financing Receivable, Recorded Investment [Line Items]
Loans	14,543	15,912
Commercial Pass \| Other Loans
Financing Receivable, Recorded Investment [Line Items]
Loans	45,314	38,917
Commercial Special Mention
Financing Receivable, Recorded Investment [Line Items]
Loans	95,792	92,045
Commercial Special Mention \| Commercial and industrial
Financing Receivable, Recorded Investment [Line Items]
Loans	37,086	22,405
Commercial Special Mention \| Agriculture production financing and other loans
Financing Receivable, Recorded Investment [Line Items]
Loans	352	1,582
Commercial Special Mention \| Construction
Financing Receivable, Recorded Investment [Line Items]
Loans	2,116	3,672
Commercial Special Mention \| Commercial and farm land
Financing Receivable, Recorded Investment [Line Items]
Loans	45,377	54,697
Commercial Special Mention \| Residential
Financing Receivable, Recorded Investment [Line Items]
Loans	9,552	9,175
Commercial Special Mention \| Home Equity
Financing Receivable, Recorded Investment [Line Items]
Loans	1,298	499
Commercial Special Mention \| Other Loans
Financing Receivable, Recorded Investment [Line Items]
Loans	11	15
Commercial Substandard
Financing Receivable, Recorded Investment [Line Items]
Loans	158,860	175,423
Commercial Substandard \| Commercial and industrial
Financing Receivable, Recorded Investment [Line Items]
Loans	25,293	28,025
Commercial Substandard \| Agriculture production financing and other loans
Financing Receivable, Recorded Investment [Line Items]
Loans	514	1,655
Commercial Substandard \| Construction
Financing Receivable, Recorded Investment [Line Items]
Loans	21,246	22,376
Commercial Substandard \| Commercial and farm land
Financing Receivable, Recorded Investment [Line Items]
Loans	93,101	103,330
Commercial Substandard \| Residential
Financing Receivable, Recorded Investment [Line Items]
Loans	16,885	16,699
Commercial Substandard \| Home Equity
Financing Receivable, Recorded Investment [Line Items]
Loans	1,778	3,317
Commercial Substandard \| Other Loans
Financing Receivable, Recorded Investment [Line Items]
Loans	43	21
Commercial Doubtful
Financing Receivable, Recorded Investment [Line Items]
Loans	6,015	5,984
Commercial Doubtful \| Commercial and industrial
Financing Receivable, Recorded Investment [Line Items]
Loans	4,754	3,208
Commercial Doubtful \| Commercial and farm land
Financing Receivable, Recorded Investment [Line Items]
Loans	802	1,724
Commercial Doubtful \| Residential
Financing Receivable, Recorded Investment [Line Items]
Loans	459	500
Commercial Doubtful \| Other Loans
Financing Receivable, Recorded Investment [Line Items]
Loans		552
Consumer Performing
Financing Receivable, Recorded Investment [Line Items]
Loans	589,200	575,555
Consumer Performing \| Construction
Financing Receivable, Recorded Investment [Line Items]
Loans		7,762
Consumer Performing \| Commercial and farm land
Financing Receivable, Recorded Investment [Line Items]
Loans		1,035
Consumer Performing \| Residential
Financing Receivable, Recorded Investment [Line Items]
Loans	314,191	308,306
Consumer Performing \| Home Equity
Financing Receivable, Recorded Investment [Line Items]
Loans	188,108	170,776
Consumer Performing \| Consumer
Financing Receivable, Recorded Investment [Line Items]
Loans	83,925	84,121
Consumer Performing \| Finance Lease
Financing Receivable, Recorded Investment [Line Items]
Loans	2,976	3,555
Consumer Non-Performing
Financing Receivable, Recorded Investment [Line Items]
Loans	9,172	9,160
Consumer Non-Performing \| Construction
Financing Receivable, Recorded Investment [Line Items]
Loans	114	359
Consumer Non-Performing \| Commercial and farm land
Financing Receivable, Recorded Investment [Line Items]
Loans	58	47
Consumer Non-Performing \| Residential
Financing Receivable, Recorded Investment [Line Items]
Loans	7,469	7,576
Consumer Non-Performing \| Home Equity
Financing Receivable, Recorded Investment [Line Items]
Loans	1,523	1,127
Consumer Non-Performing \| Consumer
Financing Receivable, Recorded Investment [Line Items]
Loans	$ 8	$ 51

Past Due Aging of Loan Portfolio by Loan Class (Detail) - USD ($) $ in Thousands	Jun. 30, 2012	Dec. 31, 2011
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	$ 2,712,633	$ 2,605,479
30-59 Days Past Due	15,903	25,835
60-89 Days Past Due	5,306	11,929
Loans > 90 Days And Accruing	665	580
Non- Accrual	63,127	69,592
Total Past Due & Non- Accrual	85,001	107,936
Total Loans	2,797,634	2,713,415
Commercial and industrial
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	535,910	518,764
30-59 Days Past Due	2,086	1,332
60-89 Days Past Due	506	135
Loans > 90 Days And Accruing	128	46
Non- Accrual	13,723	12,246
Total Past Due & Non- Accrual	16,443	13,759
Total Loans	552,353	532,523
Agriculture production financing and other loans
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	106,135	104,464
30-59 Days Past Due		62
Total Past Due & Non- Accrual		62
Total Loans	106,135	104,526
Construction
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	91,751	69,305
30-59 Days Past Due	202	328
60-89 Days Past Due		3,126
Loans > 90 Days And Accruing	5	31
Non- Accrual	7,630	8,990
Total Past Due & Non- Accrual	7,837	12,475
Total Loans	99,588	81,780
Commercial and farm land
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	1,184,882	1,140,897
30-59 Days Past Due	5,095	16,457
60-89 Days Past Due	2,122	5,783
Loans > 90 Days And Accruing	177
Non- Accrual	26,838	31,093
Total Past Due & Non- Accrual	34,232	53,333
Total Loans	1,219,114	1,194,230
Residential
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	459,104	458,925
30-59 Days Past Due	6,967	5,485
60-89 Days Past Due	1,936	2,087
Loans > 90 Days And Accruing	327	191
Non- Accrual	12,583	14,805
Total Past Due & Non- Accrual	21,813	22,568
Total Loans	480,917	481,493
Home Equity
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	203,794	187,788
30-59 Days Past Due	904	1,096
60-89 Days Past Due	669	590
Loans > 90 Days And Accruing	28	261
Non- Accrual	1,855	1,896
Total Past Due & Non- Accrual	3,456	3,843
Total Loans	207,250	191,631
Consumer
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	83,065	82,837
30-59 Days Past Due	649	1,075
60-89 Days Past Due	73	208
Loans > 90 Days And Accruing		51
Non- Accrual	146	1
Total Past Due & Non- Accrual	868	1,335
Total Loans	83,933	84,172
Finance Lease
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	2,631	3,555
Non- Accrual	345
Total Past Due & Non- Accrual	345
Total Loans	2,976	3,555
Other Loans
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	45,361	38,944
Non- Accrual	7	561
Total Past Due & Non- Accrual	7	561
Total Loans	$ 45,368	$ 39,505

Summary of Troubled Debt Restructurings (Detail) $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2012 USD ($) Loan	Jun. 30, 2012 USD ($) Loan
Financing Receivable, Modifications [Line Items]
Pre-Modification Recorded Balance	$ 3,120	$ 5,361
Post-Modification Recorded Balance	$ 2,849	$ 4,946
Number of Loans \| Loan	18	26
Commercial and industrial
Financing Receivable, Modifications [Line Items]
Pre-Modification Recorded Balance	$ 166	$ 405
Post-Modification Recorded Balance	$ 166	$ 405
Number of Loans \| Loan	2	4
Construction
Financing Receivable, Modifications [Line Items]
Pre-Modification Recorded Balance	$ 491	$ 491
Post-Modification Recorded Balance	$ 350	$ 350
Number of Loans \| Loan	1	1
Commercial and farm land
Financing Receivable, Modifications [Line Items]
Pre-Modification Recorded Balance	$ 730	$ 2,508
Post-Modification Recorded Balance	$ 735	$ 2,369
Number of Loans \| Loan	4	6
Residential
Financing Receivable, Modifications [Line Items]
Pre-Modification Recorded Balance	$ 1,733	$ 1,957
Post-Modification Recorded Balance	$ 1,598	$ 1,822
Number of Loans \| Loan	11	15

Summary of Troubled Debt Restructurings and Subsequent Defaults (Detail) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2012	Jun. 30, 2012
Financing Receivable, Modifications [Line Items]
Modification	$ 2,567	$ 4,664
Troubled Debt Restructurings, Term Modifications
Financing Receivable, Modifications [Line Items]
Modification	613	2,486
Troubled Debt Restructurings, Rate Modifications
Financing Receivable, Modifications [Line Items]
Modification	258	258
Troubled Debt Restructurings, Rate and Term Modifications
Financing Receivable, Modifications [Line Items]
Modification	1,696	1,920
Commercial and industrial
Financing Receivable, Modifications [Line Items]
Modification	31	269
Commercial and industrial \| Troubled Debt Restructurings, Term Modifications
Financing Receivable, Modifications [Line Items]
Modification		238
Commercial and industrial \| Troubled Debt Restructurings, Rate and Term Modifications
Financing Receivable, Modifications [Line Items]
Modification	31	31
Construction
Financing Receivable, Modifications [Line Items]
Modification	346	346
Construction \| Troubled Debt Restructurings, Rate and Term Modifications
Financing Receivable, Modifications [Line Items]
Modification	346	346
Commercial and farm land
Financing Receivable, Modifications [Line Items]
Modification	681	2,316
Commercial and farm land \| Troubled Debt Restructurings, Term Modifications
Financing Receivable, Modifications [Line Items]
Modification	82	1,717
Commercial and farm land \| Troubled Debt Restructurings, Rate and Term Modifications
Financing Receivable, Modifications [Line Items]
Modification	599	599
Residential
Financing Receivable, Modifications [Line Items]
Modification	1,509	1,733
Residential \| Troubled Debt Restructurings, Term Modifications
Financing Receivable, Modifications [Line Items]
Modification	531	531
Residential \| Troubled Debt Restructurings, Rate Modifications
Financing Receivable, Modifications [Line Items]
Modification	258	258
Residential \| Troubled Debt Restructurings, Rate and Term Modifications
Financing Receivable, Modifications [Line Items]
Modification	$ 720	$ 944

Commercial Non-Impaired Loans Included in ASC 450 Loss Migration Analysis (Detail) $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2012 USD ($) Loan	Jun. 30, 2012 USD ($) Loan
Financing Receivable, Impaired [Line Items]
Recorded Balance	$ 2,567	$ 4,664
Commercial and industrial
Financing Receivable, Impaired [Line Items]
Recorded Balance	31	269
Commercial and farm land
Financing Receivable, Impaired [Line Items]
Recorded Balance	681	2,316
Residential
Financing Receivable, Impaired [Line Items]
Recorded Balance	$ 1,509	$ 1,733
Non-impaired Loans
Financing Receivable, Impaired [Line Items]
Number of Loans \| Loan	7	9
Recorded Balance	$ 2,728	$ 3,532
Non-impaired Loans \| Commercial and industrial
Financing Receivable, Impaired [Line Items]
Number of Loans \| Loan		1
Recorded Balance		$ 46
Non-impaired Loans \| Commercial and farm land
Financing Receivable, Impaired [Line Items]
Number of Loans \| Loan	2	3
Recorded Balance	$ 445	$ 1,203
Non-impaired Loans \| Residential
Financing Receivable, Impaired [Line Items]
Number of Loans \| Loan	5	5
Recorded Balance	$ 2,283	$ 2,283

Derivative Financial Instruments - Additional Information (Detail)	Jun. 30, 2012 USD ($) Contract	Jun. 30, 2011 USD ($) Contract
Derivative [Line Items]
Termination value of derivatives in a net liability position	$ 9,285,000
Derivative collateral posted	$ 8,312,000
Cash Flow Hedging \| Interest Rate Swap
Derivative [Line Items]
Number of interest rate derivatives held \| Contract	2	1
Notional amount of interest rate derivatives	$ 26,000,000	$ 13,000,000
Cash Flow Hedging \| Interest Rate Cap
Derivative [Line Items]
Number of interest rate derivatives held \| Contract	1	1
Notional amount of interest rate derivatives	$ 13,000,000	$ 13,000,000
Not Designated as Hedging Instrument \| Interest Rate Swap
Derivative [Line Items]
Notional amount of interest rate derivatives	$ 121,710,000

Fair Value of Derivative Financial Instruments and Their Classification on Balance Sheet (Detail) - Interest Rate Contract - USD ($) $ in Thousands	Jun. 30, 2012	Dec. 31, 2011
Designated as Hedging Instrument \| Other Assets
Derivatives, Fair Value [Line Items]
Asset derivatives	$ 243	$ 424
Designated as Hedging Instrument \| Other Liabilities
Derivatives, Fair Value [Line Items]
Liability derivatives	3,277	2,305
Not Designated as Hedging Instrument \| Other Assets
Derivatives, Fair Value [Line Items]
Asset derivatives	5,552	5,241
Not Designated as Hedging Instrument \| Other Liabilities
Derivatives, Fair Value [Line Items]
Liability derivatives	$ 5,859	$ 5,492

Effect of Derivative Financial Instruments on Income Statement (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Not Designated as Hedging Instrument \| Interest Rate Contract \| Other Income
Derivative [Line Items]
Amount of Gain (Loss) Recognized Income on Derivative	$ (58)	$ (21)	$ (55)	$ 2

- Definition

The amount of net gains and losses recognized in income during the period on derivative instruments designated and qualifying as hedging instruments in fair value hedges and related hedged items designated and qualifying in fair value hedges, on derivative instruments designated and qualifying as hedging instruments in cash flow hedges, and on derivative instruments not designated as hedging instruments.

+ References + Details

Fair Value Measurements of Assets and Liabilities Measured at Fair Value on Recurring Basis (Detail) - Fair Value, Measurements, Recurring - USD ($) $ in Thousands	Jun. 30, 2012	Dec. 31, 2011
Interest Rate Swap Liabilities
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Liability derivatives	$ (9,136)	$ (7,797)
U.S. Government-sponsored agency securities
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Available for sale securities	4,933	17
State and municipal
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Available for sale securities	145,597	147,353
U.S. Government-sponsored mortgage-backed securities
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Available for sale securities	383,562	368,998
Corporate obligations
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Available for sale securities	11,629	193
Marketable Equity Securities
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Available for sale securities	1,830	1,830
Interest Rate Swap Assets
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Asset derivatives	5,552	5,241
Interest Rate Cap
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Asset derivatives	243	424
Significant Other Observable Inputs (Level 2) \| Interest Rate Swap Liabilities
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Liability derivatives	(9,136)
Significant Other Observable Inputs (Level 2) \| U.S. Government-sponsored agency securities
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Available for sale securities	4,933	17
Significant Other Observable Inputs (Level 2) \| State and municipal
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Available for sale securities	126,059	126,712
Significant Other Observable Inputs (Level 2) \| U.S. Government-sponsored mortgage-backed securities
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Available for sale securities	383,562	368,998
Significant Other Observable Inputs (Level 2) \| Corporate obligations
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Available for sale securities	11,431
Significant Other Observable Inputs (Level 2) \| Marketable Equity Securities
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Available for sale securities	1,826	1,826
Significant Other Observable Inputs (Level 2) \| Interest Rate Swap Assets
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Asset derivatives	5,552
Significant Other Observable Inputs (Level 2) \| Interest Rate Cap
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Asset derivatives	243
Significant Unobservable Inputs (Level 3) \| Interest Rate Swap Liabilities
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Liability derivatives		(7,797)
Significant Unobservable Inputs (Level 3) \| State and municipal
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Available for sale securities	19,538	20,641
Significant Unobservable Inputs (Level 3) \| Corporate obligations
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Available for sale securities	198	193
Significant Unobservable Inputs (Level 3) \| Marketable Equity Securities
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Available for sale securities	$ 4	4
Significant Unobservable Inputs (Level 3) \| Interest Rate Swap Assets
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Asset derivatives		5,241
Significant Unobservable Inputs (Level 3) \| Interest Rate Cap
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Asset derivatives		$ 424

Disclosures About Fair Value of Assets and Liabilities - Additional Information (Detail) - USD ($)	6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other-than-temporary impairment ("OTTI") loss		$ 400,000
Significant Unobservable Inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Trust preferred securities, carrying value	$ 5,900,000
Trust preferred securities, fair value	$ 168,000
Moody's ratings at Inception
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities rating	A or better
Moody's, Ca Rating
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities rating	Ca
Moody's, C Rating
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Securities rating	C

- Definition

+ References + Details

Reconciliation of Beginning and Ending Balances of Recurring Fair Value Measurements using Significant Unobservable Level 3 Inputs (Detail) - Fair Value, Measurements, Recurring - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Available-for-sale Securities
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Balance at beginning of the period	$ 19,878	$ 173	$ 20,838	$ 186
Total realized and unrealized gains and losses:
Included in net income (loss)				(400)
Included in other comprehensive income	(238)	(82)	(761)	240
Purchases, issuances and settlements
Principal payments/additions	100	89	(337)	154
Ending balance at June 30, 2011	19,740	180	19,740	180
Interest Rate Swap Assets
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Balance at beginning of the period		3,647	5,241	4,002
Total realized and unrealized gains and losses:
Included in net income (loss)		586	(860)	112
Included in other comprehensive income		(450)	481	(331)
Purchases, issuances and settlements
Transfers in/(out) of Level 3			(4,862)
Ending balance at June 30, 2011		3,783		3,783
Interest Rate Cap
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Balance at beginning of the period		1,124	424	1,109
Total realized and unrealized gains and losses:
Included in other comprehensive income		(170)	(15)	(155)
Purchases, issuances and settlements
Transfers in/(out) of Level 3			(409)
Ending balance at June 30, 2011		954		954
Interest Rate Swap Liabilities
Total realized and unrealized gains and losses:
Balance at beginning of the period		(3,379)	(7,797)	(3,876)
Total realized and unrealized gains and losses:
Included in net income (loss)		(607)	863	(110)
Included in other comprehensive income
Purchases, issuances and settlements
Transfers in/(out) of Level 3			6,934
Principal payments/additions
Ending balance at June 30, 2011		$ (3,986)		$ (3,986)

Transfer Between Levels 1, 2 and 3 and Reasons For Those Transfers (Detail) $ in Thousands	6 Months Ended
	Jun. 30, 2012 USD ($)
Significant Other Observable Inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Transfer between Levels 1, 2 and 3	$ 12,205
Reason for Transfer	The interest rate swap and cap instruments were transferred from Level 3 to Level 2 as of March 31, 2012 due to the Corporation's additional analysis of valuation methodologies. These instruments are valued using widely accepted valuation techniques including discounted cash flow analysis using observable inputs such as contractual terms and Libor-based rate curves.
Significant Other Observable Inputs (Level 2) \| Interest Rate Swap Assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Transfer between Levels 1, 2 and 3	$ 4,862
Significant Other Observable Inputs (Level 2) \| Interest Rate Cap
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Transfer between Levels 1, 2 and 3	409
Significant Other Observable Inputs (Level 2) \| Interest Rate Swap Liabilities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Transfer between Levels 1, 2 and 3	6,934
Significant Unobservable Inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Transfer between Levels 1, 2 and 3	12,205
Significant Unobservable Inputs (Level 3) \| Interest Rate Swap Assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Transfer between Levels 1, 2 and 3	4,862
Significant Unobservable Inputs (Level 3) \| Interest Rate Cap
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Transfer between Levels 1, 2 and 3	409
Significant Unobservable Inputs (Level 3) \| Interest Rate Swap Liabilities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Transfer between Levels 1, 2 and 3	$ 6,934

Valuation Methodologies Used for Instruments Measured at Fair Value on Non-Recurring Basis (Detail) - Fair Value, Measurements, Nonrecurring - USD ($) $ in Thousands	Jun. 30, 2012	Dec. 31, 2011
Impaired Loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Asset fair value	$ 20,780	$ 22,885
Other Real Estate Owned
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Asset fair value	6,563	7,882
Significant Unobservable Inputs (Level 3) \| Impaired Loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Asset fair value	20,780	22,885
Significant Unobservable Inputs (Level 3) \| Other Real Estate Owned
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Asset fair value	$ 6,563	$ 7,882

Unobservable Inputs Used in Recurring and Nonrecurring Level 3 Fair Value Measurements Other Than Goodwill (Detail) $ in Thousands	6 Months Ended
	Jun. 30, 2012 USD ($) Month Year
Discounted Cash Flow \| State and municipal
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Fair Value	$ 19,538
Discounted Cash Flow \| State and municipal \| Minimum
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Maturity/Call date \| Month	1
Blend of US Muni BQ curve	A-
Discount rate	1.00%
Discounted Cash Flow \| State and municipal \| Maximum
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Maturity/Call date \| Year	11
Blend of US Muni BQ curve	BBB-
Discount rate	4.00%
Discounted Cash Flow \| Corporate obligations
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Fair Value	$ 202
Discounted Cash Flow \| 3 month libor \| Corporate obligations
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Premium for illiquidity	2.00%
Collateral Based Measurements \| Impaired Loans
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Fair Value	$ 20,780
Collateral Based Measurements \| Impaired Loans \| Minimum
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Discount to reflect current market conditions and ultimate collectability	0.00%
Collateral Based Measurements \| Impaired Loans \| Maximum
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Discount to reflect current market conditions and ultimate collectability	50.00%
Appraisals \| Other Real Estate Owned
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Fair Value	$ 6,563
Appraisals \| Other Real Estate Owned \| Minimum
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Discount to reflect current market conditions	0.00%
Appraisals \| Other Real Estate Owned \| Maximum
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items]
Discount to reflect current market conditions	20.00%

Estimated Fair Values of Financial Instruments (Detail) - USD ($) $ in Thousands	Jun. 30, 2012	Dec. 31, 2011
Carrying (Reported) Amount
Assets:
Cash and due from banks	$ 68,493	$ 73,312
Interest-bearing time deposits	41,760	52,851
Investment securities available for sale	547,551	518,491
Investment securities held to maturity	396,770	427,909
Mortgage loans held for sale	15,278	17,864
Loans	2,727,491	2,642,517
Federal Reserve Bank and Federal Home Loan Bank stock	33,033	31,270
Interest rate swap asset	5,795	5,665
Interest receivable	16,506	17,723
Liabilities:
Deposits	3,288,898	3,134,655
Borrowings:
Federal funds purchased	652
Securities sold under repurchase agreements	160,127	156,305
Federal Home Loan Bank advances	96,847	138,095
Subordinated debentures, revolving credit lines and term loans	115,951	194,974
Interest rate swap liability	9,136	7,797
Interest payable	2,168	2,925
Quoted Prices in Active Markets for Identical Assets (Level 1)
Assets:
Cash and due from banks	68,493	73,312
Interest-bearing time deposits	41,760	52,851
Liabilities:
Deposits	2,343,492	2,195,679
Significant Other Observable Inputs (Level 2)
Assets:
Investment securities available for sale	527,811	497,653
Investment securities held to maturity	400,173	428,737
Mortgage loans held for sale	15,278	17,864
Federal Reserve Bank and Federal Home Loan Bank stock	33,033	31,270
Interest rate swap asset	5,795
Interest receivable	16,506	17,723
Liabilities:
Deposits	946,039	944,078
Borrowings:
Federal funds purchased	652
Securities sold under repurchase agreements	160,728	157,342
Federal Home Loan Bank advances	100,031	141,693
Subordinated debentures, revolving credit lines and term loans	68,852	142,632
Interest rate swap liability	9,136
Interest payable	2,168	2,925
Significant Unobservable Inputs (Level 3)
Assets:
Investment securities available for sale	19,740	20,838
Investment securities held to maturity	13,074	13,732
Loans	$ 2,756,565	2,658,227
Interest rate swap asset		5,665
Borrowings:
Interest rate swap liability		$ 7,797

Share-Based Compensation - Additional Information (Detail) - USD ($)	1 Months Ended	3 Months Ended		6 Months Ended
	Apr. 30, 2012	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percentage of average closing price to be paid by employees				85.00%
Common stock purchases through advance payroll deductions in a calendar year				$ 87,000
Share-based compensation		$ 360,000	$ 350,000	$ 686,000	$ 718,000
Estimated pre-vesting forfeiture rate				4.77%
Weighted-average grant date fair value for stock options		$ 3.86
Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock purchases through advance payroll deductions in a calendar year				$ 25,000
Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock option term				10 years
Stock options vesting percentage				100.00%
Unrecognized compensation expense		$ 133,000		$ 133,000
Unrecognized compensation expense expected recognition period		1 year 1 month 21 days
Stock Options \| Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vested period				3 months
Stock Options \| Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vested period				2 years
Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vested period				3 years
Unrecognized compensation expense		$ 2,182,000		$ 2,182,000
Unrecognized compensation expense expected recognition period		1 year 7 months 24 days
Employee Stock Purchase Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Grant date fair value of ESPP options	$ 45,400

Assumptions Used in Black Scholes Model (Detail)	6 Months Ended
Assumptions Used in Black Scholes Model (Detail)	Jun. 30, 2012
Share based Compensation Arrangement by Share based Payment Award, Fair Value Assumptions, Method Used [Line Items]
Risk-free interest rate	1.36%
Expected price volatility	46.22%
Dividend yield	3.29%
Forfeiture rate	4.77%
Weighted-average expected life, until exercise	7 years 2 months 12 days

Components of Share Based Compensation Awards (Detail) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Pre-tax compensation expense	$ 360,000	$ 350,000	$ 686,000	$ 718,000
Income tax benefit	(114,000)	(111,000)	(220,000)	(214,000)
Share-based compensation expense, net of income taxes	246,000	239,000	466,000	504,000
Stock and ESPP Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Pre-tax compensation expense	80,000	38,000	126,000	109,000
Income tax benefit	(2,000)		(2,000)	(1,000)
Share-based compensation expense, net of income taxes	78,000	38,000	124,000	108,000
Restricted Stock Awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Pre-tax compensation expense	280,000	312,000	560,000	609,000
Income tax benefit	(112,000)	(111,000)	(218,000)	(213,000)
Share-based compensation expense, net of income taxes	$ 168,000	$ 201,000	$ 342,000	$ 396,000

- Definition

Represents the expense recognized during the period arising from equity-based compensation arrangements (for example, shares of stock, unit, stock options or other equity instruments) with employees, directors and certain consultants qualifying for treatment as employees.

+ References + Details

Stock Option Activity under Stock Option Plans (Detail) $ / shares in Units, $ in Thousands	6 Months Ended
	Jun. 30, 2012 USD ($) $ / shares shares
Number of Shares
Beginning balance \| shares	1,035,871
Granted \| shares	33,301
Cancelled \| shares	(2,768)
Ending balance \| shares	1,066,404
Vested and Expected to Vest at June 30, 2012 \| shares	1,066,404
Exercisable at June 30, 2012 \| shares	999,104
Weighted-Average Exercise Price
Beginning balance \| $ / shares	$ 22.57
Granted \| $ / shares	11.38
Cancelled \| $ / shares	19.00
Ending balance \| $ / shares	22.23
Vested and Expected to Vest at June 30, 2012 \| $ / shares	22.23
Exercisable at June 30, 2012 \| $ / shares	$ 23.04
Weighted Average Remaining Contractual Term
Outstanding June 30, 2012	4 years 6 months 11 days
Vested and Expected to Vest at June 30, 2012	4 years 18 days
Exercisable at June 30, 2012	4 years 2 months 5 days
Aggregate Intrinsic Value
Outstanding June 30, 2012 \| $	$ 609,772
Vested and Expected to Vest at June 30, 2012 \| $	609,772
Exercisable at June 30, 2012 \| $	$ 462,023

Unvested RSAs Outstanding (Detail) - Restricted Stock	6 Months Ended
Unvested RSAs Outstanding (Detail) - Restricted Stock	Jun. 30, 2012 $ / shares shares
Number of Shares
Unvested RSAs at January 1, 2012 \| shares	338,087
Granted \| shares	140,733
Forfeited \| shares	(2,350)
Vested \| shares	(73,470)
Unvested RSAs at June 30, 2012 \| shares	403,000
Weighted-Average Grant Date Fair Value
Unvested RSAs at January 1, 2012 \| $ / shares	$ 8.65
Granted \| $ / shares	11.43
Forfeited \| $ / shares	7.73
Vested \| $ / shares	12.30
Unvested RSAs at June 30, 2012 \| $ / shares	$ 8.94

Income Tax (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
Income Tax (Detail) - USD ($) $ in Thousands	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Currently Payable:
Federal	$ 518	$ (450)	$ 1,336	$ (902)
State
Deferred:
Federal	2,770	1,846	7,452	4,697
State
Total Income Tax Expense	3,288	1,396	8,788	3,795
Reconciliation of Federal Statutory to Actual Tax Expense:
Federal statutory income tax at 35%	4,372	2,409	11,327	5,160
Tax-exempt interest income	(930)	(961)	(1,861)	(1,877)
Non-deductible interest expense		210		419
Stock compensation	26	13	42	37
Earnings on life insurance	(231)	(200)	(714)	(402)
Tax credits	(18)	(13)	(36)	(26)
Other	69	(62)	30	484
Total Income Tax Expense	$ 3,288	$ 1,396	$ 8,788	$ 3,795

Income Tax (Parenthetical) (Detail)	3 Months Ended		6 Months Ended
Income Tax (Parenthetical) (Detail)	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Income Taxes [Line Items]
Federal statutory income tax rate	35.00%	35.00%	35.00%	35.00%

Net Income Per Share (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Earnings Per Share Disclosure [Line Items]
Basic net income per share:	$ 9,205	$ 5,488	$ 23,576	$ 10,949
Preferred Stock dividends and discount accretion	(1,135)	(990)	2,270	1,978
NET INCOME AVAILABLE TO COMMON STOCKHOLDERS	8,070	4,498	21,306	8,971
Effect of dilutive stock options and warrants
Net income available to common stockholders	$ 8,070	$ 4,498	$ 21,306	$ 8,971
Net income available to common stockholders	28,624,609	25,656,826	28,603,612	25,631,340
Effect of dilutive stock options and warrants	190,410	125,973	178,430	141,523
Net income available to common stockholders	28,815,019	25,782,799	28,782,042	25,772,863
Net income available to common stockholders	$ 0.28	$ 0.18	$ 0.74	$ 0.35
Diluted net income (loss) per share:
Net income available to common stockholders	$ 0.28	$ 0.18	$ 0.74	$ 0.35

Net Income Per Share - Additional Information (Detail) - shares	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Earnings Per Share Disclosure [Line Items]
Stock options not included in the earnings per share calculation	890,642	1,033,546	881,661	1,026,177

- Definition

Securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) or earnings per unit (EPU) in the future that were not included in the computation of diluted EPS or EPU because to do so would increase EPS or EPU amounts or decrease loss per share or unit amounts for the period presented.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Antidilution
-URI http://asc.fasb.org/extlink&oid=6505113

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Diluted Earnings Per Share
-URI http://asc.fasb.org/extlink&oid=6510752

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Contingent Stock Agreement
-URI http://asc.fasb.org/extlink&oid=6508534

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 128
-Paragraph 40
-Subparagraph c
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 128
-Paragraph 13, 14
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Emerging Issues Task Force (EITF)
-Number 07-4
-Paragraph 4
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 128
-Paragraph 171
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Label	Element	Value
Other Than Temporary Impairment Credit Losses Recognized In Earnings Credit Losses On Debt Securities Held	us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld	$ 11,355,000