Securities (Tables)

6 Months Ended

Jun. 30, 2012

Investments, Debt and Equity Securities [Abstract]

Schedule of Available-for-sale Securities

The amortized cost and estimated fair value of securities available-for-sale were as follows:

	As of June 30, 2012
	Amortized cost		Gross unrealized holding gains		Gross unrealized holding losses			Estimated fair value
	(In Thousands)
U.S. Government agency obligations - government-sponsored enterprises	$	12,668	$	8	$	(13	)	$	12,663
Municipal obligations	7,670		110		(28		)	7,752
Collateralized mortgage obligations — government issued	159,176		3,936		(178		)	162,934
Collateralized mortgage obligations — government-sponsored enterprises	12,544		32		(21		)	12,555
	$	192,058	$	4,086	$	(240	)	$	195,904

	As of December 31, 2011
	Amortized cost		Gross unrealized holding gains		Gross unrealized holding losses			Estimated fair value
	(In Thousands)
Municipal obligations	$	2,736	$	95	$	—		$	2,831
Collateralized mortgage obligations — government issued	161,443		4,022		(64		)	165,401
Collateralized mortgage obligations — government-sponsored enterprises	2,169		—		(15		)	2,154
	$	166,348	$	4,117	$	(79	)	$	170,386

Investments Classified by Contractual Maturity

The amortized cost and estimated fair value of securities available-for-sale by contractual maturity at June 30, 2012 are shown below. Actual maturities may differ from contractual maturities because issuers have the right to call or prepay obligations without call or prepayment penalties.

	Amortized Cost		Estimated Fair Value
	(In Thousands)
Due in one year or less	$	159	$	161
Due in one year through five years	10,633		10,633
Due in five through ten years	13,621		13,759
Due in over ten years	167,645		171,351
	$	192,058	$	195,904

Schedule of Unrealized Loss on Investments

A summary of unrealized loss information for available-for-sale securities, categorized by security type follows:

	As of June 30, 2012
	Less than 12 months				12 months or longer				Total
	Fair value		Unrealized losses		Fair value		Unrealized losses		Fair value		Unrealized losses
	(In Thousands)
US Government agency obligations - government-sponsored enterprises	$	9,030	$	13	$	—	$	—	$	9,030	$	13
Municipal obligations	$	2,525	$	28	$	—	$	—	$	2,525	$	28
Collateralized mortgage obligations - government issued	16,787		178		—		—		16,787		178
Collateralized mortgage obligations - government-sponsored enterprises	6,370		21		—		—		6,370		21
	$	34,712	$	240	$	—	$	—	$	34,712	$	240

	As of December 31, 2011
	Less than 12 months				12 months or longer				Total
	Fair value		Unrealized losses		Fair value		Unrealized losses		Fair value		Unrealized losses
	(In Thousands)
Collateralized mortgage obligations - government issued	$	16,336	$	64	$	—	$	—	$	16,336	$	64
Collateralized mortgage obligations - government-sponsored enterprises	2,076		15		—		—		2,076		15
	$	18,412	$	79	$	—	$	—	$	18,412	$	79