Fair Values of Financial Instruments (Tables)

9 Months Ended

Sep. 30, 2012

Fair Values of Financial Instruments [Abstract]

Estimated recorded book balance and fair values

The estimated recorded book balances and fair values follows:

	September 30, 2012
					Fair Value Measurements Using
					Quoted
					Prices
					in Active
					Markets		Significant		Significant
					for		Other		Un-
	Recorded		Fair Value		Identical		Observable		observable
	Book		Measure-		Assets		Inputs		Inputs
	Balance		ments		(Level 1)		(Level 2)		(Level 3)
	(In thousands)
Assets
Cash and due from banks	$	56,911	$	56,911	$	56,911	$	-	$	-
Interest bearing deposits		403,633		403,633		403,633		-		-
Trading securities		38		38		38		-		-
Securities available for sale		230,186		230,186		-		230,186		-
Federal Home Loan Bank and Federal Reserve Bank Stock		20,494	NA		NA		NA		NA
Net loans and loans held for sale		1,478,217		1,437,327		-		94,249		1,343,078
Accrued interest receivable		6,557		6,557		151		954		5,452
Derivative financial instruments		2,787		2,787		-		2,787		-
Liabilities
Deposits with no stated maturity	$	1,630,166	$	1,630,166	$	1,630,166	$	-	$	-
Deposits with stated maturity		543,124		545,395		-		545,395		-
Other borrowings		17,720		21,805		-		21,805		-
Subordinated debentures		50,175		39,078		7,362		31,716		-
Accrued interest payable		6,761		6,761		2,735		4,026		-
Derivative financial instruments		2,695		2,695		-		2,310		385

	December 31, 2011
	Recorded
	Book		Estimated
	Balance		Fair Value
	(In thousands)
Assets
Cash and due from banks	$	62,777	$	62,777
Interest bearing deposits		278,331		278,331
Trading securities		77		77
Securities available for sale		157,444		157,444
Federal Home Loan Bank and Federal Reserve Bank Stock		20,828	NA
Net loans and loans held for sale		1,562,525		1,475,738
Accrued interest receivable		6,243		6,243
Derivative financial instruments		857		857
Liabilities
Deposits with no stated maturity	$	1,517,321	$	1,517,321
Deposits with stated maturity		568,804		571,552
Other borrowings		33,387		37,907
Subordinated debentures		50,175		16,138
Accrued interest payable		5,106		5,106
Derivative financial instruments		1,883		1,883