Investment Securities (Tables)

9 Months Ended

Sep. 30, 2013

Investments, Debt and Equity Securities [Abstract]

Available-for-sale investment securities

Investment securities at September 30, 2013 and December 31, 2012 are summarized as follows:

	September 30, 2013
	Amortized Cost		Unrealized  Gains		Unrealized  Losses		Fair Value
	(Amounts in thousands)
Available-for-sale securities:
Securities of U.S. government agencies due:
Within 1 year	$	1,698	$	—	$	8	$	1,690
After 1 but within 5 years	15,041		—		195		14,846
	16,739		—		203		16,536
Government sponsored agencies:
Residential mortgage-backed securities due:
Within 1 year	—		—		—		—
After 1 but within 5 years	214		11		—		225
After 5 but within 10 years	16,231		267		—		16,498
After 10 years	102,464		646		1,265		101,845
	118,909		924		1,265		118,568
Collateralized mortgage obligations due:
After 1 but within 5 years	3,435		—		6		3,429
After 5 but within 10 years	5,323		152		1		5,474
After 10 years	60,171		637		219		60,589
	68,929		789		226		69,492
Private label collateralized mortgage obligations due:
After 5 but within 10 years	151		—		—		151
After 10 years	11,457		21		197		11,281
	11,608		21		197		11,432
State and municipal securities due:
Within 1 year	1,061		20		—		1,081
After 1 but within 5 years	6,376		280		—		6,656
After 5 but within 10 years	38,790		1,227		670		39,347
After 10 years	66,338		457		4,253		62,542
	112,565		1,984		4,923		109,626
Common and preferred stocks:	1,869		1,167		—		3,036
Total available-for-sale securities	$	330,619	$	4,885	$	6,814	$	328,690

	December 31, 2012
	Amortized Cost		Unrealized  Gains		Unrealized  Losses		Fair Value
	(Amounts in thousands)
Available-for-sale securities:
Securities of U.S. government agencies due:
Within 1 year	$	10,005	$	15	$	—	$	10,020
After 1 but within 5 years	17,479		29		1		17,507
	27,484		44		1		27,527
Government sponsored agencies:
Residential mortgage-backed securities due:
Within 1 year	119		2		—		121
After 1 but within 5 years	315		26		—		341
After 5 but within 10 years	10,371		341		—		10,712
After 10 years	94,319		2,089		325		96,083
	105,124		2,458		325		107,257
Collateralized mortgage obligations due:
After 1 but within 5 years	648		2		—		650
After 5 but within 10 years	9,975		206		3		10,178
After 10 years	111,155		902		292		111,765
	121,778		1,110		295		122,593
Private label collateralized mortgage obligations due:
After 5 but within 10 years	178		—		—		178
After 10 years	848		19		—		867
	1,026		19		—		1,045
State and municipal securities due:
Within 1 year	620		6		—		626
After 1 but within 5 years	5,734		321		—		6,055
After 5 but within 10 years	24,464		1,698		12		26,150
After 10 years	50,031		2,064		361		51,734
	80,849		4,089		373		84,565
Common and preferred stocks:	88		46		1		133
Total available-for-sale securities	$	336,349	$	7,766	$	995	$	343,120

Available-for-sale Securities in a Continuous Unrealized Loss Position

	Less Than 12 Months				12 Months or More				Total
September 30, 2013	Fair value		Unrealized  losses		Fair value		Unrealized  losses		Fair value		Unrealized  losses
	(Amounts in thousands)
Securities available-for-sale:
U.S. government agencies	$	16,536	$	203	$	—	$	—	$	16,536	$	203
Government sponsored agencies:
Residential mortgage-backed securities	63,785		1,265		—		—		63,785		1,265
Collateralized mortgage obligations	18,213		185		2,268		41		20,481		226
Private label collateralized mortgage obligations	6,095		197		151		—		6,246		197
State and municipal securities	64,401		4,923		—				64,401		4,923
Total temporarily impaired securities	$	169,030	$	6,773	$	2,419	$	41	$	171,449	$	6,814

	Less Than 12 Months				12 Months or More				Total
December 31, 2012	Fair value		Unrealized  losses		Fair value		Unrealized  losses		Fair value		Unrealized  losses
	(Amounts in thousands)
Securities available-for-sale:
U.S. government agencies	$	2,429	$	1	$	—	$	—	$	2,429	$	1
Government sponsored agencies:
Residential mortgage-backed securities	12,021		325		—		—		12,021		325
Collateralized mortgage obligation	27,417		127		7,626		168		35,043		295
Private label collateralized mortgage obligations	—		—		178		—		178		—
State and municipal securities	22,899		373		—		—		22,899		373
Common and preferred stocks, and other	—		—		60		1		60		1
Total temporarily impaired securities	$	64,766	$	826	$	7,864	$	169	$	72,630	$	995