Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2012

Financial Instruments [Abstract]

Carrying amount and fair value of the Company's financial instruments

As of December 31, 2012
(Dollar amounts in thousands)
	Carrying Amount		Quoted Prices in Active Markets for Identical Assets or Liabilities (Level I)		Significant Other Observable Inputs (Levell II)		Significant Unobservable Inputs (Level III)		Total Fair Value
Financial assets:
Cash and cash equivalents	$	15,064	$	15,064	$	-	$	-	$	15,064
Securities		1,110,776		1,818		1,072,779		36,179		1,110,776
Securities receivable		1,277		1,277		-		-		1,277
Loans receivable		672,086		-		-		702,206		702,206
Accrued interest receivable		8,068		8,068		-		-		8,068
FHLB stock		15,077		15,077		-		-		15,077
Bank owned life insurance		30,025		30,025		-		-		30,025
Interest rate cap contracts		90		-		90		-		90
Financial liabilities:
Deposits		1,178,057		546,298		-		641,430		1,187,728
Borrowed funds		484,556		-		260,333		249,550		509,883
Junior subordinated notes		46,393		-		25,001		-		25,001
Advance payment by borrowers for taxes and insurance		2,619		2,619		-		-		2,619
Accrued interest payable		1,344		1,344		-		-		1,344
Interest rate swap contracts		5,743		-		5,743		-		5,743

As of December 31, 2011
(Dollar amounts in thousands)
	Carrying Amount		Quoted Prices in Active Markets for Identical Assets or Liabilities (Level I)		Significant Other Observable Inputs (Levell II)		Significant Unobservable Inputs (Level III)		Total Fair Value
Financial assets:
Cash and cash equivalents	$	38,848	$	38,848	$	-	$	-	$	38,848
Securities		1,130,116		2,103		1,092,224		35,789		1,130,116
Securities receivable		1,148		1,148		-		-		1,148
Loans receivable		648,921		-		-		679,819		679,819
Accrued interest receivable		9,227		9,227		-		-		9,227
FHLB stock		21,256		21,256		-		-		21,256
Bank owned life insurance		30,802		30,802		-		-		30,802
Interest rate cap contracts		532		-		532		-		532
Financial liabilities:
Deposits		1,156,410		492,794		-		675,644		1,168,438
Borrowed funds		560,567		-		263,288		331,588		594,876
Junior subordinated notes		46,393		-		20,361		-		20,361
Advance payment by borrowers for taxes and insurance		2,519		2,519		-		-		2,519
Accrued interest payable		1,676		1,676		-		-		1,676
Interest rate swap contracts		5,531		-		5,531		-		5,531