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SECURITIES: (Tables)
 12 Months Ended
Dec. 31, 2013
Investments, Debt and Equity Securities [Abstract]  
Amortized cost and fair value of investments classified as available-for-sale
The fair value of securities available-for-sale and related gross unrealized gains and losses recognized in accumulated other comprehensive income were as follows:
 
 
December 31, 2013
 
 
Amortized
 
Unrealized
 
 
(Dollar amounts in thousands)
 
Cost
 
Gains
 
Losses
 
Fair Value
U.S. Government entity mortgage-backed securities
 
$
1,623

 
$
10

 
$
—

 
$
1,633

Mortgage-backed securities, residential
 
191,995

 
7,761

 
(1,992
)
 
197,764

Mortgage-backed securities, commercial
 
4,642

 
1

 
(252
)
 
4,391

Collateralized mortgage obligations
 
521,148

 
1,492

 
(15,899
)
 
506,741

State and municipal obligations
 
190,521

 
6,388

 
(1,922
)
 
194,987

Collateralized debt obligations
 
10,968

 
4,695

 
(6,619
)
 
9,044

TOTAL
 
$
920,897

 
$
20,347

 
$
(26,684
)
 
$
914,560

 
 
December 31, 2012
 
 
Amortized
 
Unrealized
 
 
(Dollar amounts in thousands)
 
Cost
 
Gains
 
Losses
 
Fair Value
U.S. Government entity mortgage-backed securities
 
$
1,807

 
$
79

 
$
—

 
$
1,886

Mortgage-backed securities, residential
 
231,316

 
13,373

 
(13
)
 
244,676

Mortgage-backed securities, commercial
 
5,146

 
1

 
(16
)
 
5,131

Collateralized mortgage obligations
 
230,739

 
2,827

 
(246
)
 
233,320

State and municipal obligations
 
187,044

 
12,518

 
(77
)
 
199,485

Collateralized debt obligations
 
12,243

 
1,761

 
(7,882
)
 
6,122

Equity Securities
 
320

 
60

 
—

 
380

TOTAL
 
$
668,615

 
$
30,619

 
$
(8,234
)
 
$
691,000
Schedule Of Gross Gain Or Loss realised
Below is a summary of the gross gains and losses realized by the Corporation on investment sales during the years ended December 31, 2013, 2012 and 2011, respectively.
 
(Dollar amounts in thousands)
 
2013
 
2012
 
2011
Proceeds
 
$
5,110

 
$
25,812

 
$
25

Gross gains
 
423

 
891

 
2

Gross losses
 
—

 
(5
)
 
—
Schedule of contractual maturities of debt securities
Contractual maturities of debt securities at year-end 2013 were as follows. Securities not due at a single maturity or with no maturity date, primarily mortgage-backed and equity securities, are shown separately.
 
 
Available-for-Sale
 
 
Amortized
 
Fair
(Dollar amounts in thousands)
 
Cost
 
Value
Due in one year or less
 
$
10,478

 
$
10,612

Due after one but within five years
 
35,202

 
36,865

Due after five but within ten years
 
87,453

 
89,775

Due after ten years
 
591,127

 
575,153

 
 
724,260

 
712,405

Mortgage-backed securities and equities
 
196,637

 
202,155

TOTAL
 
$
920,897

 
$
914,560
Schedule of gross unrealized losses and fair value, aggregated by investment category and length of time that individual securities have been in continuous unrealized loss position
The following tables show the securities' gross unrealized losses and fair value, aggregated by investment category and length of time that individual securities have been in continuous unrealized loss position, at December 31, 2013 and 2012.
 
 
December 31, 2013
 
 
Less Than 12 Months
 
More Than 12 Months
 
Total
 
 
 
 
Unrealized
 
 
 
Unrealized
 
 
 
Unrealized
(Dollar amounts in thousands)
 
Fair Value
 
Losses
 
Fair Value
 
Losses
 
Fair Value
 
Losses
Mortgage-backed securities, residential
 
$
52,524

 
$
(1,645
)
 
$
6,022

 
$
(347
)
 
$
58,546

 
$
(1,992
)
Mortgage-backed securities, commercial
 
—

 
—

 
4,357

 
(252
)
 
4,357

 
(252
)
Collateralized mortgage obligations
 
406,291

 
(13,979
)
 
29,588

 
(1,920
)
 
435,879

 
(15,899
)
State and municipal obligations
 
43,899

 
(1,746
)
 
2,305

 
(176
)
 
46,204

 
(1,922
)
Collateralized debt obligations
 
—

 
—

 
3,686

 
(6,619
)
 
3,686

 
(6,619
)
Total temporarily impaired securities
 
$
502,714

 
$
(17,370
)
 
$
45,958

 
$
(9,314
)
 
$
548,672

 
$
(26,684
)
 
 
 
December 31, 2012
 
 
Less Than 12 Months
 
More Than 12 Months
 
Total
 
 
 
 
Unrealized
 
 
 
Unrealized
 
 
 
Unrealized
(Dollar amounts in thousands)
 
Fair Value
 
Losses
 
Fair Value
 
Losses
 
Fair Value
 
Losses
Mortgage-backed securities, residential
 
$
7,245

 
$
(13
)
 
$
—

 
$
—

 
$
7,245

 
$
(13
)
Mortgage-backed securities, commercial
 
5,086

 
(16
)
 
—

 
—

 
5,086

 
(16
)
Collateralized mortgage obligations
 
46,121

 
(246
)
 
—

 
—

 
46,121

 
(246
)
State and municipal obligations
 
8,611

 
(77
)
 
—

 
—

 
8,611

 
(77
)
Collateralized debt obligations
 
—

 
—

 
4,032

 
(7,882
)
 
4,032

 
(7,882
)
Total temporarily impaired securities
 
$
67,063

 
$
(352
)
 
$
4,032

 
$
(7,882
)
 
$
71,095

 
$
(8,234
)
Rollforward of the credit losses recognized in earnings
The table below presents a rollforward of the credit losses recognized in earnings for the year ended December 31, 2013:
 
(Dollar amounts in thousands)
 
2013
 
2012
 
2011
Beginning balance, January 1,
 
$
14,983

 
$
15,180

 
$
15,070

Amounts related to credit loss for which other-than-
 
 

 
 

 
 

temporary impairment was not previously recognized
 


 
11

 
110

Amounts realized for securities sold during the period
 


 
(208
)
 
—

Reductions for increase in cash flows expected to be collected
 
 

 
 

 
 

that are recognized over the remaining life of the security
 
(904
)
 
—

 
—

Increases to the amount related to the credit loss for which other-
 
 

 
 

 
 

than-temporary impairment was previously recognized
 
—

 
—

 
—

Ending balance, December 31,
 
$
14,079

 
$
14,983

 
$
15,180