XML 20 R25.htm IDEA: XBRL DOCUMENT v2.4.0.6
Investment Securities (Tables)
9 Months Ended
Sep. 30, 2012
Available-for-sale Securities [Member]
 
Schedule of Investments [Line Items]  
Schedule Of Amortized Cost And Estimated Fair Values Of Investment Securities [Table Text Block]

 

Available-for-Sale

September 30, 2012

 

 

 

 

Gross

Gross

unrealized

unrealized

Fair

holding

holding

Amortized

value

gains

losses

cost

U.S. Government agency securities

 $105,283

 $       824

 $         10

 $  104,469

State and municipal securities

     87,324

        3,330

            44

      84,038

U.S. Government agencies and sponsored enterprises (GSEs):

      Mortgage-backed securities

   126,570

        4,252

              1

    122,319

      Collateralized mortgage obligations (CMOs)

     97,401

        1,400

          209

      96,210

Pooled trust preferred securities

      1,961

            37

        1,595

        3,519

Corporate debt securities

      2,525

            68

              -

        2,457

Equity securities

      4,151

          547

          122

        3,726

     Total investment securities available-for-sale

 $425,215

 $   10,458

 $     1,981

 $  416,738

 

December 31, 2011

 

 

 

 

Gross

Gross

unrealized

unrealized

Fair

holding

holding

Amortized

 

value

gains

losses

cost

U.S. Government agency securities

 $  68,493

 $       635

 $           5

 $   67,863

State and municipal securities

     78,786

        2,861

              6

      75,931

U.S. Government agencies and sponsored enterprises (GSEs) - residential:

      Mortgage-backed securities

   113,243

        3,169

            16

    110,090

      Collateralized mortgage obligations (CMOs)

     79,345

        1,577

            27

      77,795

Pooled trust preferred securities

      1,929

            12

        1,723

        3,640

Corporate debt securities

      2,495

            44

              4

        2,455

Equity securities

      3,800

          610

            59

        3,249

     Total investment securities available-for-sale

 $348,091

 $     8,908

 $     1,840

 $  341,023

 

Schedule Of Securities Based on Contractual Maturity [Table Text Block]

 

 

Amortized

 

Fair value

cost

Due in one year or less

 $  14,298

 $   14,019

Due after one year through five years

   263,064

    257,134

Due after five years through ten years

     89,726

      88,409

Due after ten years

     53,976

      53,450

Equity securities

       4,151

        3,726

Total investment securities available-for-sale

 $ 425,215

 $  416,738

Schedule Of Gross Realized Losses On Equity And Debt Securities [Table Text Block]

Nine months ended September 30, 2012:

 

 

 

 

 

 

 

Other-than-

 

Gross

Gross

temporary

realized

realized

impairment

 

gains

losses

losses

Net gains

Equity securities

 $          427

         -  

 $            -  

 $     427

Debt securities

             145

 $     (79)

               -  

          66

Total

 $          572

 $     (79)

 $            -  

 $     493

 

Nine months ended September 30, 2011:

 

 

 

 

 

 

 

Other-than-

 

Gross

Gross

temporary

realized

realized

impairment

Net gains

 

gains

losses

losses

(losses)

Equity securities

 $          140

 $      -  

 $           (97)

 $       43

Debt securities

             314

      (378)

               -  

         (64)

Total

 $          454

 $   (378)

 $           (97)

 $      (21)

 

Summary Of Cumulative Credit-Related OTTI Charges Recognized [Table Text Block]

 

Three Months
Ended
September 30, 2012

Nine Months
Ended
September 30, 2012

Balance, beginning of period

 $1,279

 $1,279

Additions:

      Initial credit impairments

                       -

                       -

      Subsequent credit impairments

                       -

                       -

Balance, end of period

 $1,279

 $1,279

Schedule Of Unrealized Loss On Investments [Table Text Block]

September 30, 2012

 

 

 

 

 

 

 

 

 

Less than 12 months

12 months or longer

Total

 

No. of

Fair

Unrealized

Fair

Unrealized

Fair

Unrealized

 

securities

value

losses

value

losses

value

losses

U.S. Government agency securities

            4

 $ 4,982

 $        10

            -

               -

 $   4,982

 $          10

State and municipal securities

          16

   5,629

          44

            -

               -

      5,629

             44

Mortgage-backed securities

            1

   1,039

            1

            -

               -

      1,039

              1

Collateralized mortgage obligations (CMOs)

          23

  33,944

         209

            -

               -

    33,944

           209

Pooled trust preferred securities

            5

          -

             -

 $   1,622

 $      1,595

      1,622

        1,595

Corporate debt securities

           -  

          -

             -

            -

               -

            -

               -

Equity securities

            8

      855

         122

            -

               -

        855

           122

Total

          57

 $ 46,449

 $      386

 $   1,622

 $      1,595

 $ 48,071

 $      1,981

 

 

December 31, 2011

 

 

 

 

 

 

 

 

 

Less than 12 months

12 months or longer

Total

 

No. of

Fair

Unrealized

Fair

Unrealized

Fair

Unrealized

 

securities

value

losses

value

losses

value

losses

U.S. Government agency securities

            6

 $ 6,995

 $         5

            -

               -

 $   6,995

 $            5

State and municipal securities

            5

   1,772

            5

 $     302

 $            1

      2,074

              6

Mortgage-backed securities

            4

   7,531

          16

            -

               -

      7,531

             16

Collateralized mortgage obligations (CMOs)

            6

   7,270

          27

            -

               -

      7,270

             27

Pooled trust preferred securities

            5

          -

             -

      1,495

        1,723

      1,495

        1,723

Corporate debt securities

            2

   2,000

            4

            -

               -

      2,000

              4

Equity securities

            8

      490

          44

        324

             15

        814

             59

Total

          36

 $ 26,058

 $      101

 $   2,121

 $      1,739

 $ 28,179

 $      1,840

Schedule of Pooled Trust Preferred Securities [Table Text Block]

Deal

Class

Book
value

Fair
value

Unreal-
ized gains (losses)

Realized
OTTI
credit
loss
(YTD 2012)

Total
Recognized
OTTI
Credit
Loss

Moody's
/Fitch
ratings

Current
number of
performing
banks

Current
number of
performing
insurance
companies

Actual deferrals and defaults as a % of total collateral

Total performing collateral as a % of outstanding bonds

PreTSL IV

Mezzanine*

 $ 243

 $ 201

 $ (42)

 $    -  

 $      (1)

Caa2/CCC

               4

             -  

27.1%

124.7%

PreTSL V

Mezzanine*

          -  

          -  

          -  

          -  

            (118)

C/D

              -  

             -  

100.0  

12.2  

PreTSL VI

Mezzanine*

          -  

          -  

          -  

          -  

               (8)

PreTSL XVII

Mezzanine

        752

        369

       (383)

          -  

            (222)

C/C

              29

              4

41.8  

70.8  

PreTSL XIX

Mezzanine

        988

        442

       (546)

          -  

               -  

C/C

              33

             13

28.2  

76.0  

PreTSL XXV

Mezzanine

        766

        362

       (404)

          -  

            (222)

C/C

              42

              6

34.3  

77.1  

PreTSL XXVI

Mezzanine

        469

        248

       (221)

          -  

            (270)

C/C

              39

              8

29.5  

82.6  

PreTSL XXVI

Mezzanine

        301

        339

          38

          -  

            (438)

C/C

              39

              8

29.5  

82.6  

 $ 3,519

 $   1,961

 $  (1,558)

 $       -  

 $      (1,279)

Mezzanine* - only class of bonds still outstanding (represents the senior-most obligation of the trust)

Held-to-maturity Securities [Member]
 
Schedule of Investments [Line Items]  
Schedule Of Amortized Cost And Estimated Fair Values Of Investment Securities [Table Text Block]

Held-To-Maturity

 

September 30, 2012

 

 

 

 

December 31, 2011

 

 

 

Gross

Gross

Gross

Gross

unrealized

unrealized

unrealized

unrealized

Amortized

holding

holding

Fair

Amortized

holding

holding

Fair

cost

gains

losses

value

cost

gains

losses

value

State and municipal securities

 $                      146

 $         21

              -

 $167

 

 $                  1,327

 $         38

              -

 $1,365

Schedule Of Securities Based on Contractual Maturity [Table Text Block]

 

 

Amortized

 

Fair value

cost

Due in one year or less

 $         -  

 $          -  

Due after one year through five years

         167

          146

Due after five years through ten years

           -  

            -  

Due after ten years

           -  

            -  

Total investment securities held-to-maturity

 $       167

 $        146