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5. Securities (Tables)

6 Months Ended

Jun. 30, 2013

Available-for-sale Securities [Abstract]

Summary Of Amortized Cost, Unrealized Gains, Unrealized Losses And Estimated Fair Values Of Securities

		June 30, 2013
			Amortized				Unrealized				Estimated
Dollars in thousands			Cost				Gains				Losses				Fair Value
Available for Sale
Taxable debt securities:
U. S. Government agencies
and corporations		$	35,605			$	1,186			$	27			$	36,764
Residential mortgage-backed securities:
Government-sponsored agencies			147,738				2,313				1,510				148,541
Nongovernment-sponsored agencies			12,373				326				42				12,657
State and political subdivisions			13,838				2				493				13,347
Corporate debt securities			3,966				27				34				3,959
Total taxable debt securities			213,520				3,854				2,106				215,268
Tax-exempt debt securities:
State and political subdivisions			76,225				1,647				2,037				75,835
Residential mortgage-backed securities:
Government-sponsored agencies			—				—				—				—
Total tax-exempt debt securities			76,225				1,647				2,037				75,835
Equity securities			77				—				—				77
Total available for sale securities		$	289,822			$	5,501			$	4,143			$	291,180

		December 31, 2012
			Amortized				Unrealized				Estimated
Dollars in thousands			Cost				Gains				Losses				Fair Value
Available for Sale
Taxable debt securities
U. S. Government agencies
and corporations		$	28,128			$	892			$	—			$	29,020
Residential mortgage-backed securities:
Government-sponsored agencies			133,812				3,250				492				136,570
Nongovernment-sponsored entities			15,380				509				144				15,745
State and political subdivisions			12,187				71				89				12,169
Corporate debt securities			1,959				29				38				1,950
Total taxable debt securities			191,466				4,751				763				195,454
Tax-exempt debt securities
State and political subdivisions			79,403				4,104				237				83,270
Residential mortgage-backed securities			2,738				—				—				2,738
Total tax-exempt debt securities			82,141				4,104				237				86,008
Equity securities			77				—				—				77
Total available for sale securities		$	273,684			$	8,855			$	1,000			$	281,539

		June 30, 2012
			Amortized				Unrealized				Estimated
Dollars in thousands			Cost				Gains				Losses				Fair Value
Available for Sale
Taxable debt securities:
U. S. Government agencies
and corporations		$	18,000			$	665			$	2			$	18,663
Residential mortgage-backed securities:
Government-sponsored agencies			157,618				3,846				297				161,167
Nongovernment-sponsored agencies			23,188				550				477				23,261
State and political subdivisions			8,672				27				43				8,656
Corporate debt securities			1,951				16				127				1,840
Total taxable debt securities			209,429				5,104				946				213,587
Tax-exempt debt securities:
State and political subdivisions			69,036				3,733				251				72,518
Residential mortgage-backed securities:
Government-sponsored agencies			2,969				—				—				2,969
Total tax-exempt debt securities			72,005				3,733				251				75,487
Equity securities			77				—				—				77
Total available for sale securities		$	281,511			$	8,837			$	1,197			$	289,151

Summary Of Maturities, Amortized Cost And Estimated Fair Values Of Securities

			Available for Sale
			Amortized				Estimated
Dollars in thousands			Cost				Fair Value
Due in one year or less		$	73,257			$	73,674
Due from one to five years			84,882				85,636
Due from five to ten years			20,782				20,872
Due after ten years			110,824				110,921
Equity securities			77				77
		$	289,822			$	291,180

Summary Of Proceeds From Sales, Calls And Maturities, Principal Payments, Gains And Losses Of Available For Sale Securities

		Proceeds from						Gross realized
				Calls and		Principal
Dollars in thousands		Sales		Maturities		Payments		Gains		Losses

Securities available for sale		$ 29,389		$ 1,058		$ 32,768		$ 167		$ 183

Summary Of Other-Than-Temporary Impairment Losses On Securities

		Three Months Ended June 30,			Six Months Ended
In thousands		2013	2012		2013	2012

Total other-than-temporary impairment losses		$ (27)	$ (370)		$ (117)	$ (882)
Portion of loss recognized in
other comprehensive income		-	264		37	547
Net impairment losses recognized in earnings		$ (27)	$ (106)		$ (80)	$ (335)

Summary Of Activity Related To The Credit Component Recognized On Debt Securities Available For Sale Of Other-Than-Temporary Impairment Recognized In Other Comprehensive Income

		Three Months Ended				Six Months Ended
		June 30, 2013				June 30, 2013

In thousands		Total				Total
Beginning Balance		$	2,957			$	2,904
Additions for the credit component on debt securities in which
other-than-temporary impairment was not previously recognized			27				80
Securities sold during the period			—				—
Ending Balance		$	2,984			$	2,984

Summary Of Securities Available For Sale In Unrealized Loss Position

		June 30, 2013
		Less than 12 months								12 months or more								Total
			Estimated				Unrealized				Estimated				Unrealized				Estimated				Unrealized
Dollars in thousands			Fair Value				Loss				Fair Value				Loss				Fair Value				Loss
Temporarily impaired securities
Taxable debt securities
U. S. Government agencies
and corporations		$	3,786			$	(27	)		$	—			$	—			$	3,786			$	(27	)
Residential mortgage-backed securities:
Government-sponsored agencies			65,600				(1,352	)			8,045				(158	)			73,645				(1,510	)
Nongovernment-sponsored entities			632				(6	)			1,056				(5	)			1,688				(11	)
State and political subdivisions			9,997				(489	)			386				(4	)			10,383				(493	)
Corporate debt securities			2,965				(34	)			—				—				2,965				(34	)
Tax-exempt debt securities
State and political subdivisions			38,852				(2,037	)			—				—				38,852				(2,037	)
Total temporarily impaired securities			121,832				(3,945	)			9,487				(167	)			131,319				(4,112	)
Other-than-temporarily impaired securities
Taxable debt securities
Residential mortgage-backed securities:
Nongovernment-sponsored entities			—				—				29				(31	)			29				(31	)
Total other-than-temporarily
impaired securities			—				—				29				(31	)			29				(31	)
Total		$	121,832			$	(3,945	)		$	9,516			$	(198	)		$	131,348			$	(4,143	)

		December 31, 2012
		Less than 12 months								12 months or more								Total
			Estimated				Unrealized				Estimated				Unrealized				Estimated				Unrealized
Dollars in thousands			Fair Value				Loss				Fair Value				Loss				Fair Value				Loss
Temporarily impaired securities
Taxable debt securities
U. S. Government agencies
and corporations		$	—			$	—			$	—			$	—			$	—			$	—
Residential mortgage-backed securities:
Government-sponsored agencies			36,498				(414	)			8,997				(78	)			45,495				(492	)
Nongovernment-sponsored entities			—				(4	)			1,478				(14	)			1,478				(18	)
State and political subdivisions			3,766				(85	)			387				(4	)			4,153				(89	)
Corporate debt securities			—				—				962				(38	)			962				(38	)
Tax-exempt debt securities
State and political subdivisions			19,934				(237	)			—				—				19,934				(237	)
Total temporarily impaired securities			60,198				(740	)			11,824				(134	)			72,022				(874	)
Other-than-temporarily impaired securities
Taxable debt securities
Residential mortgage-backed securities:
Nongovernment-sponsored entities			265				(6	)			593				(120	)			858				(126	)
Total other-than-temporarily
impaired securities			265				(6	)			593				(120	)			858				(126	)
Total		$	60,463			$	(746	)		$	12,417			$	(254	)		$	72,880			$	(1,000	)

Tabular disclosure of available-for-sale securities which includes, but is not limited to, changes in the cost basis and fair value, fair value and gross unrealized gain (loss), fair values by type of security, contractual maturity and classification, amortized cost basis, contracts to acquire securities to be accounted for as available-for-sale, debt maturities, transfers to trading, change in net unrealized holding gain (loss) net of tax, continuous unrealized loss position fair value, aggregate losses qualitative disclosures, other than temporary impairment (OTTI) losses or other disclosures related to available for sale securities.

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Tabular disclosure of the amount of other than temporary impairment (OTTI) related to credit losses recognized in earnings including: (a) the beginning balance of the amount related to credit losses on debt securities held by the investor at the beginning of the period for which a portion of an OTTI was recognized in other comprehensive income; (b) additions for the amount related to the credit loss for which an OTTI was not previously recognized; (c) reductions for securities sold during the period (realized); (d) reductions for securities for which the amount previously recognized in other comprehensive income was recognized in earnings because the investor intends to sell the security or more likely than not will be required to sell the security before recovery of its amortized cost basis; (e) additional increases to the amount related to the credit loss for which an OTTI was previously recognized when the investor does not intend to sell the security and it is not more likely than not that the investor will be required to sell the security before recovery of its amortized cost basis; (f) reductions for increases in cash flows expected to be collected that are recognized over the remaining life of the security; and (g) the ending balance of the amount related to credit losses on debt securities held by the entity at the end of the period for which a portion of an OTTI was recognized in other comprehensive income.

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