Financial Instruments (Tables)

9 Months Ended

Sep. 30, 2012

Financial Instruments [Abstract]

Carrying Amount and Fair Value of the Financial Instruments Included In the Consolidated Statement of Financial Condition

September 30, 2012
(Dollar amounts in thousands)	Carrying amount		Quoted Prices in Active Markets for Identical Assets or Liabilities (Level I)		Significant Other Observable Inputs (Level II)		Significant Unobservable Inputs (Level III)		Total Fair Value
Financial Assets:
Cash and Cash Equivalents	$	18,726	$	18,726	$	—	$	—	$	18,726
Securities		1,136,615		1,935		1,098,858		35,822		1,136,615
Securities Receivable		2,380		2,380		—		—		2,380
Loans receivable and held for sale		671,936		—		—		710,070		710,070
Accrued Interest Receivable		8,281		8,281		—		—		8,281
FHLB Stock		17,348		17,348		—		—		17,348
Bank owned life insurance		29,864		29,864		—		—		29,864
Interest rate cap contracts		102		—		102		—		102
Financial Liabilities:
Deposits		1,193,383		572,513		—		631,303		1,203,816
Borrowed funds		498,331		—		262,155		265,235		527,390
Junior subordinated notes		46,393		—		24,073		—		24,073
Advance payments by borrowers for taxes and insurance		1,331		1,331		—		—		1,331
Accrued interest payable		3,896		3,896		—		—		3,896
Interest rate swap contracts		6,075		—		6,075		—		6,075

	December 31, 2011
(Dollar amounts in thousands)	Carrying amount		Fair value
Financial assets:
Cash and cash equivalents	$	38,848	$	38,848
Securities		1,130,116		1,130,116
Securities receivable		1,148		1,148
Loans receivable and held for sale		648,921		679,819
Accrued interest receivable		9,227		9,227
FHLB stock		21,256		21,256
Bank owned life insurance		30,802		30,802
Interest rate cap contracts		532		532
Financial liabilities:
Deposits		1,156,410		1,168,438
Borrowed funds		560,567		594,080
Junior subordinated notes		46,393		20,361
Advance payment by borrowers for taxes and insurance		2,519		2,519
Accrued interest payable		1,676		1,676
Interest rate swap contracts		5,531		5,531