SECURITIES (Tables)

6 Months Ended

Jun. 30, 2014

Investments, Debt and Equity Securities [Abstract]

Amortized Cost And Fair Value Of Securities Available For Sale And Held For Investment [Table Text Block]

The amortized cost and fair value of securities available for sale and held for investment at June 30, 2014 and December 31, 2013 are summarized as follows:

	June 30, 2014
	Gross		Gross		Gross
	Amortized		Unrealized		Unrealized		Fair
(Dollars in thousands)	Cost		Gains		Losses		Value
SECURITIES AVAILABLE FOR SALE
U.S. Treasury securities and obligations of U.S. Government Sponsored Entities	$	100	$	0	$	0	$	100
Mortgage-backed securities of U.S. Government Sponsored Entities		104,837		2,192		(512)		106,517
Collateralized mortgage obligations of U.S. Government Sponsored Entities		272,160		785		(6,586)		266,359
Private mortgage backed securities		29,876		276		0		30,152
Private collateralized mortgage obligations		75,907		1,021		(236)		76,692
Collateralized loan obligations		32,658		0		(398)		32,260
Obligations of state and political subdivisions		5,767		506		0		6,273
	$	521,305	$	4,780	$	(7,732)	$	518,353
SECURITIES HELD FOR INVESTMENT
Collateralized mortgage obligations of U.S. Government Sponsored Entities	$	109,734	$	46	$	(778)	$	109,002
Mortgage-backed securities of U.S. Government Sponsored Entities		46,764		169		0		46,933
	$	156,498	$	215	$	(778)	$	155,935

	December 31, 2013
	Gross		Gross		Gross
	Amortized		Unrealized		Unrealized		Fair
(Dollars in thousands)	Cost		Gains		Losses		Value
SECURITIES AVAILABLE FOR SALE
U.S. Treasury securities and obligations of U.S. Government Sponsored Entities	$	100	$	0	$	0	$	100
Mortgage-backed securities of U.S. Government Sponsored Entities		129,468		1,456		(4,189)		126,735
Collateralized mortgage obligations of U.S. Government Sponsored Entities		383,392		776		(14,747)		369,421
Private mortgage backed securities		29,800		0		(226)		29,574
Private collateralized mortgage obligations		76,520		731		(413)		76,838
Collateralized loan obligations		32,592		0		(413)		32,179
Obligations of state and political subdivisions		6,586		193		(15)		6,764
	$	658,458	$	3,156	$	(20,003)	$	641,611

Held-to-maturity Securities [Table Text Block]

The amortized cost and fair value of securities at June 30, 2014, by contractual maturity, are shown below. Expected maturities will differ from contractual maturities because borrowers may have the right to call or repay obligations with or without call or prepayment penalties.

	Held for Investment				Available for Sale
	Amortized		Fair		Amortized		Fair
(Dollars in thousands)	Cost		Value		Cost		Value
Due in less than one year	$	0	$	0	$	0	$	0
Due after one year through five years		0		0		541		550
Due after five years through ten years		0		0		8,054		7,945
Due after ten years		0		0		29,930		30,138
		0		0		38,525		38,633
Mortgage-backed securities of U.S. Government Sponsored Entities		46,764		46,933		104,837		106,517
Collateralized mortgage obligations of U.S. Government Sponsored Entities		109,734		109,002		272,160		266,359
Private mortgage backed securities		0		0		29,876		30,152
Private collateralized mortgage obligations		0		0		75,907		76,692
No contractual maturity		0		0		0		0
	$	156,498	$	155,935	$	521,305	$	518,353

Schedule of Unrealized Loss on Investments [Table Text Block]

The estimated fair value of a security is determined based on market quotations when available or, if not available, by using quoted market prices for similar securities, pricing models or discounted cash flows analyses, using observable market data where available. The tables below indicate the amount of securities with unrealized losses and period of time for which these losses were outstanding at June 30, 2014 and December 31, 2013, respectively.

	June 30, 2014
	Less than 12 months				12 months or longer				Total
	Fair		Unrealized		Fair		Unrealized		Fair		Unrealized
(Dollars in thousands)	Value		Losses		Value		Losses		Value		Losses
Mortgage-backed securities of U.S. Government Sponsored Entities	$	0	$	0	$	29,537	$	(512)	$	29,537	$	(512)
Collateralized mortgage obligations of U.S. Government Sponsored Entities		126,407		(778)		165,892		(6,586)		292,299		(7,364)
Private collaterlized mortgage obligations		7,043		(105)		11,626		(131)		18,669		(236)
Collateralized loan obligations		22,598		(229)		9,663		(169)		32,261		(398)
Total temporarily impaired securities	$	156,048	$	(1,112)	$	216,718	$	(7,398)	$	372,766	$	(8,510)

	December 31, 2013
	Less than 12 months				12 months or longer				Total
	Fair		Unrealized		Fair		Unrealized		Fair		Unrealized
(Dollars in thousands)	Value		Losses		Value		Losses		Value		Losses
Mortgage-backed securities of U.S. Government Sponsored Entities	$	33,425	$	(2,045)	$	35,043	$	(2,144)	$	68,468	$	(4,189)
Collateralized mortgage obligations of U.S. Government Sponsored Entities		287,312		(12,450)		45,657		(2,297)		332,969		(14,747)
Private mortage backed securities		29,573		(226)		0		0		29,573		(226)
Private collateralized mortgage obligations		47,653		(413)		0		0		47,653		(413)
Collateralized loan obligations		32,179		(413)		0		0		32,179		(413)
Obligations of state and political subdivisions		502		(14)		0		(1)		502		(15)
Total temporarily impaired securities	$	430,644	$	(15,561)	$	80,700	$	(4,442)	$	511,344	$	(20,003)