Investments (Tables)

6 Months Ended

Jun. 30, 2013

Investments Debt And Equity Securities [Abstract]

Amortized Cost and Fair Value of Securities

The amortized cost and fair value of securities at June 30, 2013 and December 31, 2012, are as follows (in thousands):

June 30, 2013	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Fair Value
Available for sale securities:
Debt securities:
U.S. Treasuries	$	43,734	$	24	$	(652	)	$	43,106
U.S. Government agencies		165,749		835		(6,417	)		160,167
Mortgage-backed securities		42,764		159		(1,058	)		41,865
States and political subdivisions		35,268		1,265		(3	)		36,530
Total debt securities		287,515		2,283		(8,130	)		281,668
Equity securities		650							650
Total available for sale securities	$	288,165	$	2,283	$	(8,130	)	$	282,318
Held to maturity securities:
States and political subdivisions	$	9,732	$	22	$	(476	)	$	9,278
Total held to maturity securities	$	9,732	$	22	$	(476	)	$	9,278

December 31, 2012	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Fair Value
Available for sale securities:
Debt securities:
U.S. Treasuries	$	53,661	$	490	$	(55	)	$	54,096
U.S. Government agencies		147,652		1,810		(364	)		149,098
Mortgage-backed securities		16,903		538					17,441
States and political subdivisions		35,433		2,158					37,591
Total debt securities		253,649		4,996		(419	)		258,226
Equity securities		650							650
Total available for sale securities	$	254,299	$	4,996	$	(419	)	$	258,876
Held to maturity securities:
States and political subdivisions	$	7,125	$	112	$	(12	)	$	7,225
Total held to maturity securities	$	7,125	$	112	$	(12	)	$	7,225

Amortized Cost and Fair Value of Debt Securities by Contractual Maturity

The amortized cost and fair value of debt securities at June 30, 2013 (in thousands), by contractual maturity, are shown on the next page. Expected maturities will differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties.

	Amortized Cost		Fair Value
Available for sale securities:
Due in one year or less	$	13,898	$	13,998
Due after one year through five years		63,157		63,282
Due after five years through ten years		72,436		72,389
Due after ten years		95,260		90,134
Mortgage-backed securities		42,764		41,865
Totals	$	287,515	$	281,668
Held to maturity securities:
Due in one year or less	$	1,013	$	1,022
Due after one year through five years		1,777		1,773
Due after five years through ten years		3,492		3,353
Due after ten years		3,450		3,130
Totals	$	9,732	$	9,278

Available for Sale and Held to Maturity Securities with Gross Unrealized Losses

Available for Sale and Held to Maturity Securities with gross unrealized losses at June 30, 2013 and December 31, 2012, aggregated by investment category and length of time that individual securities have been in a continuous loss position, are as follows (in thousands):

	Less Than Twelve Months				Over Twelve Months		Total
	Fair Value		Gross Unrealized Losses		Fair Value	Gross Unrealized Losses	Fair Value		Gross Unrealized Losses
June 30, 2013:
U.S. Treasuries	$	30,082	$	652	$	$	$	30,082	$	652
U.S. Government agencies		117,322		6,417				117,322		6,417
Mortgage-backed securities		35,002		1,058				35,002		1,058
States and political subdivisions		7,974		479				7,974		479
TOTAL	$	190,380	$	8,606	$	$	$	190,380	$	8,606
December 31, 2012:
U.S. Treasuries	$	9,887	$	55	$	$	$	9,887	$	55
U.S. Government agencies		30,335		364				30,335		364
States and political subdivisions		1,451		12				1,451		12
TOTAL	$	41,673	$	431	$	$	$	41,673	$	431