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SECURITIES (Tables)
 12 Months Ended
Dec. 31, 2013
SECURITIES  
Schedule of the fair value of securities available for sale and related gross unrealized gains and losses recognized in accumulated other comprehensive income

 

 
   Amortized
Cost
   Gross
Unrealized
Gains
   Gross
Unrealized
Losses
   Fair Value
  
   

As of December 31, 2013

                          

Available for Sale

                          

U. S. government agency

   $ 793   $ 5   $ —   $ 798  

State and municpal

     321,151     12,173     (2,212 )   331,112  

Mortgage-backed securities-residential (Government Sponsored Entity)

     186,054     3,175     (3,800 )   185,429  

Collateralized mortgage obligations (Government Sponsored Entity)

     372,896     1,642     (9,229 )   365,309  

Equity securities

     4,939     —     —     4,939  

Other securities

     3,527     —     (8 )   3,519  
       
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

 

   $ 889,360   $ 16,995   $ (15,249 ) $ 891,106  
       
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
       

As of December 31, 2012

    
 		    
 		    
 		    
 		  

Available for Sale

                          

U. S. government agency

   $ 1,600   $ 38   $ —   $ 1,638  

State and municipal

     310,552     27,484     (97 )   337,939  

Mortgage-backed securities-residential (Government Sponsored Entity)

     219,352     7,711     (8 )   227,055  

Collateralized mortgage obligations (Government Sponsored Entity)

     322,758     4,604     (139 )   327,223  

Equity securities

     4,939     —     —     4,939  

Other securities

     3,558     —     (11 )   3,547  
       
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Total available for sale

   $ 862,759   $ 39,837   $ (255 ) $ 902,341  
       
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
       
Schedule of contractual maturities of securities

 Contractual maturities of securities at December 31, 2013 were as follows. Securities not due at a single maturity or with no maturity at year end are shown separately.

 
   Available for Sale  
 
   Amortized Cost
   Fair Value
  
   

Within one year

   $ 14,715   $ 14,940  

One through five years

     54,799     56,864  

Six through ten years

     120,911     123,992  

After ten years

     135,046     139,633  

Mortgage-backed securities-residential (Government Sponsored Entity)

     186,054     185,429  

Collateralized mortgage obligations (Government Sponsored Entity)

     372,896     365,309  

Equity securities

     4,939     4,939  
       
​ ​ ​ ​ ​ ​ ​ ​

Total available for sale securities

   $ 889,360   $ 891,106  
       
​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​
       
Schedule of securities in a continuous unrealized loss position with unrealized losses presented by length of time

 

2013
   Less than 12 months
   12 months or longer
   Total
  
 
      
Description of securities
   Fair Value
   Unrealized
Losses
   Fair Value
   Unrealized
Losses
   Fair Value
   Unrealized
Losses
  
   

State and municipal

   $ 31,660   $ (1,791 ) $ 4,153   $ (421 ) $ 35,813   $ (2,212 )

Mortgage-backed securities-residential (Government Sponsored Entity)

     114,036     (3,800 )   —     —     114,036     (3,800 )

Collateralized mortgage obligations (Government Sponsored Entity)

     267,579     (9,040 )   4,100     (189 )   271,679     (9,229 )

Other securities

     —     —     993     (8 )   993     (8 )
       
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Total temporarily impaired

   $ 413,275   $ (14,631 ) $ 9,246   $ (618 ) $ 422,521   $ (15,249 )
       
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
       


 

2012
   Less than 12 months
   12 months or longer
   Total
  
 
      
Description of securities
   Fair Value
   Unrealized
Losses
   Fair Value
   Unrealized
Losses
   Fair Value
   Unrealized
Losses
  
   

State and municipal

   $ 6,646   $ (97 ) $ —   $ —   $ 6,646   $ (97 )

Mortgage-backed securities-residential (Government Sponsored Entity)

     12,766     (8 )   —     —     12,766     (8 )

Collateralized mortgage obligations (Government Sponsored Entity)

     32,330     (139 )   —     —     32,330     (139 )

Other securities

     990     (11 )   —     —     990     (11 )
       
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Total temporarily impaired

   $ 52,732   $ (255 ) $ —   $ —   $ 52,732   $ (255 )
       
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​