Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2013

FAIR VALUE OF FINANCIAL INSTRUMENTS [Abstract]

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]

The following tables present the Company’s assets and liabilities measured at fair value on a recurring basis as of December 31, 2013 and 2012, aggregated by the level in the fair value hierarchy within which those measurements fall:

	As of December 31, 2013		Fair value measurements at reporting date using:
			Quoted prices in active markets for identical assets (Level 1)		Significant other observable  inputs (Level 2)		Significant unobservable inputs (Level 3)
	(In thousands)
Assets:
Available for sale securities
U.S. government and agencies	$	2,288	$	—	$	2,288	$	—
Government-sponsored entities	227,940		—		227,940		—
Municipal bonds	218,433		—		218,433		—
Mortgage-backed securities	227,444		—		227,444		—
Other	15,624		15,624		—		—
Total available for sale securities	691,729		15,624		676,105		—
Derivatives—interest rate customer swaps	2,045		—		2,045		—
Derivatives—interest rate swaps	921		—		921		—
Other investments	5,482		5,052		430		—
Liabilities:
Derivative-interest rate customer swaps	$	2,029	$	—	$	2,029	$	—
Derivatives - interest rate swaps	543		—		543		—
Derivatives-junior subordinated debenture interest rate swap	3,469		—		3,469		—

	As of December 31, 2012		Fair value measurements at reporting date using:
			Quoted prices in active markets for identical assets (Level 1)		Significant other observable  inputs (Level 2)		Significant unobservable inputs (Level 3)
	(In thousands)
Assets:
Available for sale securities:
U.S. government and agencies	$	2,753	$	—	$	2,753	$	—
Government-sponsored entities	155,002		—		155,002		—
Municipal bonds	210,984		—		210,984		—
Mortgage-backed securities	317,927		—		317,927		—
Other	12,634		12,634		—		—
Total available for sale securities	699,300		12,634		686,666		—
Derivatives - interest rate customer swaps	2,915		—		2,915		—
Derivatives - customer foreign exchange forward	120		—		120		—
Other investments	5,892		5,206		686		—
Liabilities:
Derivatives - interest rate customer swaps	$	3,047	$	—	$	3,047	$	—
Derivatives - customer foreign exchange forward	120		—		120		—
Derivatives-junior subordinated debenture interest rate swap	5,189		—		5,189		—

Fair Value Measurements, Nonrecurring [Table Text Block]

The following tables present the Company’s assets and liabilities measured at fair value on a non-recurring basis during the periods ended December 31, 2013 and 2012, respectively, aggregated by the level in the fair value hierarchy within which those measurements fall.

	As of December 31, 2013		Fair value measurements at reporting date using:						Gain (losses) from fair value changes
			Quoted prices in active markets for identical assets (Level 1)		Significant  other observable inputs (Level 2)		Significant unobservable inputs (Level 3)		Year ended December 31, 2013
	(In thousands)
Assets:
Impaired loans (1)	$	8,734	$	—	$	—	$	8,734	$	(2,464	)
	$	8,734	$	—	$	—	$	8,734	$	(2,464	)

___________________

(1) Collateral-dependent impaired loans held at December 31, 2013 that had write-downs in fair value or whose specific reserve changed during 2013.

	As of December 31, 2012		Fair value measurements at reporting date using:						Gain (losses) from fair value changes
			Quoted prices in active markets for identical assets (Level 1)		Significant other observable  inputs (Level 2)		Significant unobservable inputs (Level 3)		Year ended December 31, 2012
	(In thousands)
Assets:
Impaired loans (1)	$	16,797	$	—	$	—	$	16,797	$	(7,173	)
OREO (2)	379		—		—		379		(102		)
	$	17,176	$	—	$	—	$	17,176	$	(7,275	)

___________________

(1) Collateral-dependent impaired loans held at December 31, 2012 that had write-downs in fair value or whose specific reserve changed during 2012.

(2) One OREO property held at December 31, 2012 had a write-down during 2012.

Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Table Text Block]

The following table presents additional quantitative information about assets measured at fair value on a non-recurring basis for which the Company has utilized Level 3 inputs to determine fair value.

	As of December 31, 2013
	Fair Value		Valuation technique	Unobservable Input	Range of Inputs Utilized	Weighted Average of Inputs Utilized
	(In thousands)
Impaired Loans	$	8,734	Appraisals of Collateral	Discount for costs to sell	0% - 13%	8%
				Appraisal adjustments	0% - 45%	27%

	As of December 31, 2012
	Fair Value		Valuation technique	Unobservable Input	Range of Inputs Utilized	Weighted Average of Inputs Utilized
	(In thousands)
Impaired Loans	$	16,797	Appraisals of Collateral	Discount for costs to sell	6% - 13%	8%
				Appraisal adjustments	0% - 59%	23%
OREO	$	379	Appraisals of Collateral	Discount for costs to sell	8%	8%
				Appraisal adjustments

Fair Value, by Balance Sheet Grouping [Table Text Block]

The following tables present the carrying values and fair values of the Company’s financial instruments that are not measured at fair value on a recurring basis (other than certain loans, as noted below):

	As of December 31, 2013
	Book Value		Fair Value		Quoted prices  in active markets for identical assets  (Level 1)		Significant  other observable inputs (Level 2)		Significant unobservable inputs (Level 3)
	(In thousands)
FINANCIAL ASSETS:
Cash and cash equivalents	$	191,881	$	191,881	$	191,881	$	—	$	—
Investment securities held to maturity	112,014		110,917		—		110,917		—
Loans, net	5,036,088		4,985,555		—		—		4,985,555
Loans held for sale	6,123		6,130		—		6,130		—
Other financial assets	117,840		117,840		—		117,840		—
FINANCIAL LIABILITIES:
Deposits	5,110,370		5,113,224		—		5,113,224		—
Securities sold under agreements to repurchase	102,353		102,343		—		102,343		—
Federal Home Loan Bank borrowings	367,254		377,384		—		377,384		—
Junior subordinated debentures	106,363		96,363		—		—		96,363
Other financial liabilities	9,789		9,789		—		9,789		—

	As of December 31, 2012
	Book Value		Fair Value		Quoted prices  in active markets for identical assets  (Level 1)		Significant  other observable inputs (Level 2)		Significant unobservable inputs (Level 3)
	(In thousands)
FINANCIAL ASSETS:
Cash and cash equivalents	$	308,744	$	308,744	$	308,744	$	—	$	—
Loans, net	4,730,079		4,766,574		—		—		4,766,574
Loans held for sale	308,390		308,908		—		308,908		—
Other financial assets	118,087		118,087		—		118,087		—
FINANCIAL LIABILITIES:
Deposits	4,885,059		4,891,465		—		4,891,465		—
Deposits held for sale	194,084		182,592		—		182,592		—
Securities sold under agreements to repurchase	116,319		117,885		—		117,885		—
Federal Home Loan Bank borrowings	408,121		428,037		—		428,037		—
Junior subordinated debentures	143,647		117,502		—		12,804		104,698
Other financial liabilities	10,058		10,058		—		10,058		—