Fair Value Of Assets And Liabilities (Tables)

9 Months Ended

Sep. 30, 2012

Fair Value Of Assets And Liabilities [Abstract]

Schedule Of Estimated Fair Values

		September 30, 2012				December 31, 2011				September 30, 2011
	Carrying Amount		Fair Value		Carrying Amount		Fair  Value		Carrying Amount		Fair Value
		(In Thousands)
Financial assets:
Level 1 inputs:
Cash, due from banks and deposits in other banks	$	162,107	$	162,107	$	91,530	$	91,530	$	128,570	$	128,570
Level 2 inputs:
Investment securities		177,078		177,324		227,905		228,163		218,207		218,441
Accrued interest receivable		2,832		2,832		2,898		2,898		3,030		3,030
Level 3 inputs:
Loans and loans held for sale, net		692,445		685,093		656,881		649,907		613,571		610,504
Purchased receivables, net		23,326		23,326		30,209		30,209		25,536		25,536
Financial liabilities:
Level 2 inputs:
Deposits	$	944,944	$	944,680	$	911,248	$	910,927	$	893,567	$	892,915
Securities sold under repurchase agreements		22,623		22,623		16,348		16,348		17,034		17,034
Borrowings		4,517		4,172		4,626		4,066		4,662		4,101
Junior subordinated debentures		18,558		18,060		18,558		17,356		18,558		15,106
Accrued interest payable		48		48		52		52		48		48
Unrecognized financial instruments:
Commitments to extend credit(1)	$	249,250	$	2,493	$	173,834	$	1,738	$	193,801	$	1,938
Standby letters of credit(1)		21,615		216		16,172		162		16,232		162
(1) Carrying amounts reflect the notional amount of credit exposure under these financial instruments.

Schedule Of Assets And Liabilities Measured At Fair Value On A Recurring Basis

	Total		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
September 30, 2012		(In Thousands)
Available for sale securities
U.S. Treasury and government sponsored entities	$	99,972	$	-	$	99,972	$	-
Municipal securities		18,890		-		18,890		-
U.S. Agency mortgage-backed securities		43		-		43		-
Corporate bonds		49,679		-		49,679		-
Preferred stock		3,759		-		3,759		-
Total	$	172,343	$	-	$	172,343	$	-
December 31, 2011
Available for sale securities
U.S. Treasury and government sponsored entities	$	161,104	$	-	$	161,104	$	-
Municipal securities		16,935		-		16,935		-
U.S. Agency mortgage-backed securities		54		-		54		-
Corporate bonds		42,991		-		42,991		-
Preferred stock		999		-		999		-
Total	$	222,083	$	-	$	222,083	$	-
September 30, 2011
Available for sale securities
U.S. Treasury and government sponsored entities	$	153,826		-	$	153,826	$	-
Municipal securities		14,538		-		14,538		-
U.S. Agency mortgage-backed securities		58		-		58		-
Corporate bonds		43,397		-		43,397		-
Total	$	211,819	$	-	$	211,819	$	-

Schedule Of Asset Impairment Or Valuation Adjustment Recognized At Fair Value On A Nonrecurring Basis

	Total		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Total (gains) losses
September 30, 2012		(In Thousands)
Loans measured for impairment1	$	3,676	$	-	$	2,694	$	982	$	(439)
Other real estate owned2		694		-		-		694		173
Total	$	4,370	$	-	$	2,694	$	1,676	$	(266)
December 31, 2011
Loans measured for impairment1	$	2,836	$	-	$	204	$	2,632	$	797
Other real estate owned2	$	1,432	$	-	$	-	$	1,432	$	92
Total	$	4,268	$	-	$	204	$	4,064	$	889
September 30, 2011
Loans measured for impairment1	$	3,729	$	-	$	2,217	$	1,512	$	244
Total	$	3,729	$	-	$	2,217	$	1,512	$	244
1  Relates to certain impaired collateral dependent loans.  The impairment was measured based on the fair value of collateral, in accordance with U.S. GAAP.
2  Relates to certain impaired other real estate owned.  This impairment arose from an adjustment to the Company’s estimate of the fair market value of these properties based on changes in estimated costs to complete the projects and changes in market conditions.