Investment Securities (Tables)

6 Months Ended

Jun. 30, 2012

Investment Securities [Abstract]

Summary Of Amortized Cost And Fair Values Of Securitiies Classified As Available For Sale And Held To Maturity

The amortized cost and fair values of the securities classified as available for sale and held to maturity as of June 30, 2012 are as follows:

			Gross		Gross
	Amortized		Unrealized		Unrealized		Fair
(In thousands)	Cost		Gains		Losses		Value
Available for Sale:
U.S. Treasury Obligations	$	250	$	0	$	0	$	250
U.S. Agency Obligations		63,983		816		0		64,799
Federal Home Loan Bank ("FHLB") Obligations		4,581		68		0		4,649
Residential Real Estate Mortgage-backed Securities ("Agency MBSs")		166,709		6,930		0		173,639
Agency Collateralized Mortgage Obligations ("Agency CMOs")		243,819		2,591		73		246,337
Non-agency Collateralized Mortgage Obligations ("Non-agency CMOs")		4,899		0		170		4,729
Asset Backed Securities ("ABSs")		357		62		0		419
Total Available for Sale	$	484,598	$	10,467	$	243	$	494,822
Held to Maturity:
Agency MBSs	$	481	$	56	$	0	$	537
Total Held to Maturity	$	481	$	56	$	0	$	537

The amortized cost and fair values of the securities classified as available for sale and held to maturity as of December 31, 2011 are as follows:

			Gross		Gross
	Amortized		Unrealized		Unrealized		Fair
(In thousands)	Cost		Gains		Losses		Value
Available for Sale:
U.S. Treasury Obligations	$	250	$	0	$	0	$	250
U.S. Agency Obligations		89,597		828		6		90,419
FHLB Obligations		16,545		134		3		16,676
Agency MBSs		176,756		7,100		18		183,838
Agency CMOs		211,749		2,976		245		214,480
Non-agency CMOs		5,346		2		493		4,855
ABSs		1,172		61		0		1,233
Total Available for Sale	$	501,415	$	11,101	$	765	$	511,751
Held to Maturity:
Agency MBSs	$	558	$	66	$	0	$	624
Total Held to Maturity	$	558	$	66	$	0	$	624

Summary Of Contractual Maturity Distribution Of Debt Securities Classified As Available For Sale And Held To Maturity

The contractual final maturity distribution of the debt securities classified as available for sale and held to maturity as of June 30, 2012 are as follows:

			After One		After Five
	Within		But Within		But Within		After Ten
(In thousands)	One Year		Five Years		Ten Years		Years		Total
Available for Sale (at fair value):
U.S. Treasury Obligations	$	250	$	0	$	0	$	0	$	250
U.S. Agency Obligations		0		7,535		57,264		0		64,799
FHLB Obligations		0		0		4,649		0		4,649
Agency MBSs		213		4,162		28,682		140,582		173,639
Agency CMOs		0		0		6,427		239,910		246,337
Non-agency CMOs		0		0		0		4,729		4,729
ABSs		0		0		0		419		419
Total Available for Sale	$	463	$	11,697	$	97,022	$	385,640	$	494,822
Held to Maturity (at amortized cost):
Agency MBSs	$	5	$	114	$	0	$	362	$	481
Total Held to Maturity	$	5	$	114	$	0	$	362	$	481

The contractual final maturity distribution of the debt securities classified as available for sale and held to maturity as of December 31, 2011, are as follows:

			After One		After Five
	Within		But Within		But Within		After Ten
(In thousands)	One Year		Five Years		Ten Years		Years		Total
Available for Sale (at fair value):
U.S. Treasury Obligations	$	250	$	0	$	0	$	0	$	250
U.S. Agency Obligations		3,023		12,567		69,823		5,006		90,419
FHLB Obligations		3,389		0		13,287		0		16,676
Agency MBSs		20		6,118		32,897		144,803		183,838
Agency CMOs		0		0		3,056		211,424		214,480
Non-agency CMOs		0		0		50		4,805		4,855
ABSs		0		0		0		1,233		1,233
Total Available for Sale	$	6,682	$	18,685	$	119,113	$	367,271	$	511,751
Held to Maturity (at amortized cost):
Agency MBSs	$	0	$	158	$	0	$	400	$	558
Total Held to Maturity	$	0	$	158	$	0	$	400	$	558

Summary Of Gross Unrealized Losses On Investment Securities Available For Sale

	Less than 12 months				12 months or more				Total
(In thousands)	Fair Value		Loss		Fair Value		Loss			Fair Value	Loss
As of June 30, 2012
Agency CMOs	$	31,773	$	73	$	0	$	0	$	31,773	$	73
Non-agency CMOs		0		0		4,728		170		4,728		170
	$	31,773	$	73	$	4,728	$	170	$	36,501	$	243

	Less than 12 months				12 months or more				Total
(In thousands)	Fair Value		Loss		Fair Value		Loss		Fair Value		Loss
As of December 31, 2011
U.S. Agency Obligations	$	2,536	$	6	$	0	$	0	$	2,536	$	6
FHLB Obligations		5,047		3		0		0		5,047		3
Agency MBSs		10,452		18		0		0		10,452		18
Agency CMOs		43,708		205		2,861		40		46,569		245
Non-agency CMOs		0		0		4,805		493		4,805		493
	$	61,743	$	232	$	7,666	$	533	$	69,409	$	765