Investment Securities (Tables)

9 Months Ended

Sep. 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 September 30, 2012 are as follows:

			Gross		Gross
	Amortized		Unrealized		Unrealized		Fair
(In thousands)	Cost		Gains		Losses		Value
Available for Sale:
U.S. Treasury Obligations	$	100	$	0	$	0	$	100
U.S. Agency Obligations		53,392		841		0		54,233
Federal Home Loan Bank ("FHLB") Obligations		4,563		55		0		4,618
Residential Real Estate Mortgage-backed Securities ("Agency MBSs")		175,353		8,351		0		183,704
Collateralized Mortgage Backed Securities ("Agency CMBSs")		5,090		0		66		5,024
Agency Collateralized Mortgage Obligations ("Agency CMOs")		270,792		2,825		198		273,419
Non-agency Collateralized Mortgage Obligations ("Non-agency CMOs")		4,749		9		20		4,738
Asset Backed Securities ("ABSs")		357		64		0		421
Total Available for Sale	$	514,396	$	12,145	$	284	$	526,257
Held to Maturity:
Agency MBSs	$	443	$	55	$	0	$	498
Total Held to Maturity	$	443	$	55	$	0	$	498

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 September 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	$	0	$	100	$	0	$	0	$	100
U.S. Agency Obligations		0		10,056		44,177		0		54,233
FHLB Obligations		0		0		4,618		0		4,618
Agency MBSs		398		3,573		28,335		151,398		183,704
Agency CMBs		0		0		5,024		0		5,024
Agency CMOs		0		11		5,752		267,656		273,419
Non-agency CMOs		0		0		0		4,738		4,738
ABSs		0		0		0		421		421
Total Available for Sale	$	398	$	13,740	$	87,906	$	424,213	$	526,257
Held to Maturity (at amortized cost):
Agency MBSs	$	16	$	84	$	0	$	343	$	443
Total Held to Maturity	$	16	$	84	$	0	$	343	$	443

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 September 30, 2012
Agency CMBSs	$	5,024	$	66	$	0	$	0	$	5,024	$	66
Agency CMOs		34,511		198		0		0		34,511		198
Non-agency CMOs		0		0		3,126		20		3,126		20
	$	39,535	$	264	$	3,126	$	20	$	42,661	$	284

	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