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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Unaudited) [Abstract]    
Interest income $ 13,363 $ 12,495
Interest expense    
Interest on short-term debt 692 317
Interest on long-term debt 125 115
Total interest expense 817 432
Net interest income 12,546 12,063
Other income, net    
Investment gain, net 2,808 11,224
Other loss (4) (3)
Total other income, net 2,804 11,221
Operating income before other expenses 15,350 23,284
Other expenses    
Compensation and benefits 1,960 2,436
Professional services 1,584 123
Business development 17 32
Occupancy and equipment 95 96
Communications 52 46
Other operating expenses 438 295
Total other expenses 4,146 3,028
Income before income taxes 11,204 20,256
Income tax provision 442 471
Net income 10,762 19,785
Basic earnings per share (in dollars per share) $ 1.37 $ 2.58
Diluted earnings per share (in dollars per share) $ 1.37 $ 2.58
Dividends declared per share (in dollars per share) $ 0.875 $ 0.75
Weighted-average shares outstanding (in thousands)    
Basic (in shares) 7,865 7,661
Diluted (in shares) 7,873 7,681
Other comprehensive income, net of taxes    
Unrealized (losses) gains for the period on available-for-sale securities (net of taxes of $-0-) (4,903) 2,606
Reclassification adjustment for gains included in net income on available for sale securities (net of taxes of $-0-) 0 (12,850)
Comprehensive income $ 5,859 $ 9,541