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INVESTMENT SECURITIES (Tables)

6 Months Ended

Jun. 30, 2012

Investments, Debt and Equity Securities [Abstract]

Schedule of Available-for-sale Securities Reconciliation [Table Text Block]

The following tables present the available for sale investment portfolio as of June 30, 2012, and December 31, 2011:

(Dollars in thousands)
June 30, 2012		Amortized			Unrealized			Unrealized
		Cost			Gross Gains			Gross Losses				Fair Value
U.S. Treasury securities		$	200		$	-		$	-			$	200
U.S. Government agency securities			200,752			3,936			-				204,688
Corporate securities			14,303			-			(5,925	)			8,378
Mortgage-backed securities			399,028			11,141			(86	)			410,083
Obligations of state and political subdivisions			69,046			4,658			(74	)			73,630
Equity investments and other securities			11,266			662			(23	)			11,905
Total		$	694,595		$	20,397		$	(6,108	)		$	708,884

(Dollars in thousands)
December 31, 2011		Amortized			Unrealized			Unrealized
		Cost			Gross Gains			Gross Losses				Fair Value
U.S. Treasury securities		$	200		$	3		$	-			$	203
U.S. Government agency securities			216,211			3,453			(33	)			219,631
Corporate securities			14,351			-			(5,844	)			8,507
Mortgage-backed securities			419,510			9,351			(136	)			428,725
Obligations of state and political subdivisions			56,003			4,736			(7	)			60,732
Equity investments and other securities			11,318			749			(21	)			12,046
Total		$	717,593		$	18,292		$	(6,041	)		$	729,844

Schedule Of Available For Sale Securities Continuous Unrealised Loss Position [Table Text Block]

The following tables provide the fair value and gross unrealized losses on securities available for sale, aggregated by category and length of time the individual securities have been in a continuous unrealized loss position:

(Dollars in thousands)		Less than 12 months							12 months or more							Total
					Unrealized							Unrealized							Unrealized
As of June 30, 2012		Fair Value			Losses				Fair Value			Losses				Fair Value			Losses
U.S. Treasury securities		$	200		$	-			$	-		$	-			$	200		$	-
Corporate securities			-			-				7,878			(5,925	)			7,878			(5,925	)
Mortgage-backed securities			11,261			(86	)			-			-				11,261			(86	)
Obligations of state and political subdivisions			5,806			(74	)			-			-				5,806			(74	)
Equity and other securities			597			(3	)			1,180			(20	)			1,777			(23	)
Total		$	17,864		$	(163	)		$	9,058		$	(5,945	)		$	26,922		$	(6,108	)

(Dollars in thousands)		Less than 12 months							12 months or more							Total
					Unrealized							Unrealized							Unrealized
As of December 31, 2011		Fair Value			Losses				Fair Value			Losses				Fair Value			Losses
U.S. Government agency securities		$	14,627		$	(33	)		$	-		$	-			$	14,627		$	(33	)
Corporate securities			-			-				8,007			(5,844	)			8,007			(5,844	)
Mortgage-backed securities			26,416			(130	)			9,538			(6	)			35,954			(136	)
Obligations of state and political subdivisions			234			(7	)			-			-				234			(7	)
Equity and other securities			598			(2	)			1,182			(19	)			1,780			(21	)
Total		$	41,875		$	(172	)		$	18,727		$	(5,869	)		$	60,602		$	(6,041	)

Other Than Temporary Impairment Credit Losses With Preferred Security [Table Text Block]

The following table presents a summary of the significant inputs utilized to measure the OTTI related to credit losses associated with the above pooled trust preferred security at June 30, 2012, and June 30, 2011:

		June 30, 2012			June 30, 2011
Default Rate		0.75	%		0.75	%
Recovery Rate		15.00	%		15.00	%
Prepayments		1.00	%		1.00	%
Discount rate (coupon) range		2.9%-4.2	%		2.9%-4.2	%

Summary Of Other Than Temporary Impairment Credit Losses Of Securities [Table Text Block]

The following table presents information about the securities with OTTI losses for the periods shown:

(Dollars in thousands)
		Three months ended							Six months ended
		June 30, 2012			June 30, 2011				June 30, 2012				June 30, 2011
Other-than-temporary impairment losses on securities		$	-		$	(1,636	)		$	(1,726	)		$	(1,636	)
Portion of other-than temporary, non-credit related losses
recognized in other comprehensive income			-			1,457				1,677				1,457
Net other-than-temporary impairment losses on securities		$	-		$	(179	)		$	(49	)		$	(179	)

Other than Temporary Impairment, Credit Losses Recognized in Earnings [Table Text Block]

The following table presents a tabular roll forward of the amount of credit related OTTI recognized in earnings for the periods shown:

(Dollars in thousands)
		Three months ended								Six months ended
		June 30, 2012				June 30, 2011				June 30, 2012				June 30, 2011
Balance of net OTTI losses on securities, beginning of period		$	(228	)		$	-			$	(179	)		$	-
Net OTTI losses on securities in the period			-				(179	)			(49	)			(179	)
Balance of net OTTI losses on securities, end of period		$	(228	)		$	(179	)		$	(228	)		$	(179	)

Contractual Maturities Of Available For Sale Securities [Table Text Block]

The following table presents the contractual maturities of the investment securities available for sale at June 30, 2012:

(Dollars in thousands)		Available for sale
June 30, 2012		Amortized cost			Fair value
U.S. Treasury securities
One year or less		$	-		$	-
After one year through five years			200			200
After five through ten years			-			-
Due after ten years			-			-
Total			200			200

U.S. Government agency securities:
One year or less			500			501
After one year through five years			150,604			154,174
After five through ten years			49,648			50,013
Due after ten years			-			-
Total			200,752			204,688

Corporate securities:
One year or less			-			-
After one year through five years			500			500
After five through ten years			-			-
Due after ten years			13,803			7,878
Total			14,303			8,378

Obligations of state and political subdivisions:
One year or less			2,158			2,215
After one year through five years			17,193			18,210
After five through ten years			31,681			34,421
Due after ten years			18,014			18,784
Total			69,046			73,630

Mortgage-backed securities			399,028			410,083
Equity investments and other securities			11,266			11,905
Total securities		$	694,595		$	708,884

Tabular disclosure of the amount of other than temporary impairment (OTTI) related to credit losses recognized in earnings including: (a) the beginning balance of the amount related to credit losses on debt securities held by the investor at the beginning of the period for which a portion of an OTTI was recognized in other comprehensive income; (b) additions for the amount related to the credit loss for which an OTTI was not previously recognized; (c) reductions for securities sold during the period (realized); (d) reductions for securities for which the amount previously recognized in other comprehensive income was recognized in earnings because the investor intends to sell the security or more likely than not will be required to sell the security before recovery of its amortized cost basis; (e) additional increases to the amount related to the credit loss for which an OTTI was previously recognized when the investor does not intend to sell the security and it is not more likely than not that the investor will be required to sell the security before recovery of its amortized cost basis; (f) reductions for increases in cash flows expected to be collected that are recognized over the remaining life of the security; and (g) the ending balance of the amount related to credit losses on debt securities held by the entity at the end of the period for which a portion of an OTTI was recognized in other comprehensive income.

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