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Investment Securities (Tables)
12 Months Ended
Dec. 31, 2012
Investment Securities [Abstract]  
Unrealized Gain (Loss) on Investments [Table Text Block]

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gross

Gross

 

 

 

 

 

Amortized

Unrealized

Unrealized

Fair

OTTI in

(in thousands)

Cost

Gains

Losses

Value

AOCL

December 31, 2012

 

 

 

 

 

 

 

 

 

 

Available for Sale:

 

 

 

 

 

 

 

 

 

 

U.S. government agencies

$

40,334 

$

97 

$

111 

$

40,320 

$

Residential mortgage-backed agencies

 

43,596 

 

703 

 

191 

 

44,108 

 

Commercial mortgage-backed agencies

 

37,330 

 

288 

 

 

37,618 

 

Collaterized mortgage obligations

 

31,836 

 

188 

 

293 

 

31,731 

 

Obligations of states and political subdivisions

 

55,212 

 

2,842 

 

 

58,054 

 

Collateralized debt obligations

 

36,798 

 

 

25,356 

 

11,442 

 

16,876 

Total available for sale

$

245,106 

$

4,118 

$

25,951 

$

223,273 

$

16,876 

Held to Maturity:

 

 

 

 

 

 

 

 

 

 

Obligations of states and political subdivisions

$

4,040 

$

542 

$

235 

$

4,347 

$

 

 

 

 

 

 

 

 

 

 

 

December 31, 2011

 

 

 

 

 

 

 

 

 

 

Available for Sale:

 

 

 

 

 

 

 

 

 

 

U.S. government agencies

$

25,490 

$

107 

$

17 

$

25,580 

$

Residential mortgage-backed agencies

 

43,630 

 

1,059 

 

137 

 

44,552 

 

Commercial mortgage-backed agencies

 

48,112 

 

216 

 

51 

 

48,277 

 

Collateralized mortgage obligations

 

48,120 

 

436 

 

205 

 

48,351 

 

Obligations of states and political subdivisions

 

65,424 

 

3,400 

 

 

68,816 

 

Collateralized debt obligations

 

36,385 

 

 

26,938 

 

9,447 

 

17,726 

Total available for sale

$

267,161 

$

5,218 

$

27,356 

$

245,023 

$

17,726 

 

Proceeds Fom Sales And Realized Gain And Losses [Table Text Block]

 

 

 

 

 

 

 

 

 

 

(in thousands)

2012

2011

Proceeds

$

46,220 

$

84,396 

Realized gains

 

1,740 

 

1,083 

Realized losses

 

195 

 

208 

 

Gross Unrealized Losses And Fair Values Of Securities [Table Text Block]

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  Less than 12 months

12 months or more

 

Fair

Unrealized

Fair

Unrealized

(in thousands)

Value

Losses

Value

Losses

December 31, 2012

 

 

 

 

 

 

 

 

Available for Sale:

 

 

 

 

 

 

 

 

U.S. government agencies

$

18,220 

$

111 

$

$

Residential mortgage-backed agencies

 

22,407 

 

191 

 

 

Commercial mortgage-backed agencies

 

 

 

 

Collateralized mortgage obligations

 

16,576 

 

293 

 

450 

 

0*

Obligations of states and political subdivisions

 

 

 

 

Collateralized debt obligations

 

 

 

11,442 

 

25,356 

Totals

$

57,203 

$

595 

$

11,892 

$

25,356 

Held to Maturity:

 

 

 

 

 

 

 

 

Obligations of states and political subdivisions

$

2,765 

$

235 

$

$

 

 

 

 

 

 

 

 

 

* - diminimus

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2011

 

 

 

 

 

 

 

 

Available for Sale:

 

 

 

 

 

 

 

 

U.S. government agencies

$

9,983 

$

17 

$

$

Residential mortgage-backed agencies

 

16,229 

 

136 

 

4,779 

 

Commercial mortgage-backed agencies

 

20,320 

 

51 

 

 

Collateralized mortgage obligations

 

10,651 

 

82 

 

557 

 

123 

Obligations of states and political subdivisions

 

 

 

2,805 

 

Collateralized debt obligations

 

 

 

9,447 

 

26,938 

Totals

$

57,183 

$

286 

$

17,588 

$

27,070 

 

Non-Cash OTTI Credit Losses Recognized In Earnings [Table Text Block]

 

 

 

 

 

 

 

 

 

 

 

For the year ended

(in thousands)

December 31, 2012

December 31, 2011

Balance of credit-related OTTI at January 1

$

14,424 

$

14,653 

Additional increases for credit-related OTTI previously recognized when there is no

 

 

 

 

    intent to sell and no requirement to sell before recovery of amortized cost basis

 

 

19 

Reduction for increases in cash flows expected to be collected

 

(465)

 

(248)

Balance of credit-related OTTI at December 31

$

13,959 

$

14,424 

 

Amortized Cost And Fair Valuess Classified By Contractual Maturity Date [Table Text Block]

 

 

 

 

 

 

 

 

 

 

 

December 31, 2012

 

Amortized

Fair

(in thousands)

Cost

Value

Contractual Maturity

 

 

 

 

Available for sale:

 

 

 

 

Due after five years through ten years

$

43,613 

$

44,935 

Due after ten years

 

88,731 

 

64,881 

 

 

132,344 

 

109,816 

Residential mortgage-backed agencies

 

43,596 

 

44,108 

Commercial mortgage-backed agencies

 

37,330 

 

37,618 

Collateralized mortgage obligations

 

31,836 

 

31,731 

 

$

245,106 

$

223,273 

Held to Maturity:

 

 

 

 

Due after ten years

$

4,040 

$

4,347