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Investment Securities (Tables)
12 Months Ended
Dec. 31, 2013
Investments, Debt and Equity Securities [Abstract]  
Amortized Cost and Fair Value
Investment securities at December 31, 2013 and December 31, 2012 are summarized as follows:
 
December 31, 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
$
1,560

 
$

 
$
8

 
$
1,552

After 1 but within 5 years
15,039

 

 
199

 
14,840

 
16,599

 

 
207

 
16,392

Government sponsored agencies:
 
 
 
 
 
 
 
Residential mortgage-backed securities due:
 
 
 
 
 
 
 
Within 1 year

 

 

 

After 1 but within 5 years
632

 
42

 

 
674

After 5 but within 10 years
17,829

 
284

 

 
18,113

After 10 years
85,277

 
624

 
1,247

 
84,654

 
103,738

 
950

 
1,247

 
103,441

Collateralized mortgage obligations due:
 
 
 
 
 
 
 
After 1 but within 5 years
3,139

 

 
7

 
3,132

After 5 but within 10 years
5,093

 
140

 

 
5,233

After 10 years
43,813

 
660

 
95

 
44,378

 
52,045

 
800

 
102

 
52,743

Private label collateralized mortgage obligations due:
 
 
 
 
 
 
 
After 5 but within 10 years
143

 

 
1

 
142

After 10 years
14,530

 
13

 
194

 
14,349

 
14,673

 
13

 
195

 
14,491

State and municipal securities due:
 
 
 
 
 
 
 
Within 1 year
910

 
10

 

 
920

After 1 but within 5 years
7,069

 
311

 

 
7,380

After 5 but within 10 years
44,590

 
1,064

 
827

 
44,827

After 10 years
47,422

 
282

 
2,127

 
45,577

 
99,991

 
1,667

 
2,954

 
98,704

Common and preferred stocks:
1,868

 
1,283

 

 
3,151

Total available-for-sale securities
$
288,914

 
$
4,713

 
$
4,705

 
$
288,922


 
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

Investments in Continuous Unrealized Loss Position

 
Less Than 12 Months
 
12 Months or More
 
Total
December 31, 2013
Fair value
 
Unrealized
 losses
 
Fair value
 
Unrealized
 losses
 
Fair value
 
Unrealized
 losses
 
(Amounts in thousands)
Securities available-for-sale:
 
 
 
 
 
 
 
 
 
 
 
U.S. government agencies
$
14,840

 
$
199

 
$
1,552

 
$
8

 
$
16,392

 
$
207

Government sponsored agencies:
 
 
 
 
 
 
 
 
 
 
 
Residential mortgage-backed securities
49,954

 
1,247

 

 

 
49,954

 
1,247

Collateralized mortgage obligations
11,372

 
64

 
2,121

 
38

 
13,493

 
102

Private label collateralized mortgage obligations
9,941

 
194

 
142

 
1

 
10,083

 
195

State and municipal securities
31,218

 
1,950

 
14,280

 
1,004

 
45,498

 
2,954

Common and preferred stocks

 

 

 

 

 

Total temporarily impaired securities
$
117,325

 
$
3,654

 
$
18,095

 
$
1,051

 
$
135,420

 
$
4,705



 
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