Securities (Tables)

6 Months Ended

Jun. 30, 2013

Securities

Schedule of amortized cost and estimated fair value of securities

June 30, 2013	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Estimated Fair Value
	(Dollars in thousands)
Securities available-for-sale:
Agency mortgage-backed securities	$	224,760	$	3,085	$	(2,448	)	$	225,397
Corporate bonds		49,089		418		(1,861	)		47,646
Trust preferred securities		20,809		114		(188	)		20,735
Total	$	294,658	$	3,617	$	(4,497	)	$	293,778
Securities held-to-maturity:
Agency mortgage-backed securities	$	14,211	$	—	$	(438	)	$	13,773
Municipals—tax exempt		67,520		—		(8,521	)		58,999
Total	$	81,731	$	—	$	(8,959	)	$	72,772

December 31, 2012	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Estimated Fair Value
	(Dollars in thousands)
Securities available-for-sale:
Agency mortgage-backed securities	$	281,598	$	9,668	$	(22	)	$	291,244
Corporate bonds		53,739		1,849		—			55,588
Trust preferred securities		20,769		375		(64	)		21,080
Total	$	356,106	$	11,892	$	(86	)	$	367,912
Securities held-to-maturity:
Agency mortgage-backed securities	$	16,659	$	2	$	(177	)	$	16,484
Municipals—tax exempt		34,813		80		(413	)		34,480
Total	$	51,472	$	82	$	(590	)	$	50,964

Schedule of proceeds from sales of securities and the resulting gains and losses

	Three Months Ended June 30,					Six Months Ended June 30,
	2013			2012		2013			2012
	(Dollars in thousands)
Proceeds	$	23,414		$	375	$	26,944		$	2,280
Gross gains		279			32		310			59
Gross losses		(272	)		—		(272	)		—

Schedule of amortized cost and estimated fair values of securities, by contractual maturity

	Available-for-sale
	Amortized Cost		Estimated Fair Value
	(Dollars in thousands)
Due after one through five years	$	2,032	$	2,115
Due after five through ten years		47,057		45,531
Due after ten years		20,809		20,735
Agency mortgage-backed securities		224,760		225,397
Total	$	294,658	$	293,778

	Held-to-maturity
	Amortized Cost		Estimated Fair Value
	(Dollars in thousands)
Due after five through ten years	$	1,093	$	1,011
Due after ten years		66,427		57,988
Agency mortgage-backed securities		14,211		13,773
Total	$	81,731	$	72,772