Investment Securities (Tables)

9 Months Ended

Sep. 30, 2014

Investments Debt And Equity Securities Abstract

Schedule of amortized cost and fair value of debt securities classified as available-for-sale

			Gross		Gross
	Amortized		Unrealized		Unrealized
(in thousands)	Cost		Gains		Losses		Fair value
September 30, 2014
Government sponsored enterprises	$	62,069	$	241	$	259	$	62,051
Asset-backed securities		110,394		833		1,910		109,317
Obligations of states and political subdivisions		33,819		670		41		34,448
Total available-for-sale securities	$	206,282	$	1,744	$	2,210	$	205,816
December 31, 2013
U.S. Treasury	$	1,000	$	3	$	0	$	1,003
Government sponsored enterprises		61,006		377		767		60,616
Asset-backed securities		112,747		817		3,191		110,373
Obligations of states and political subdivisions		33,637		568		212		33,993
Total available-for-sale securities	$	208,390	$	1,765	$	4,170	$	205,985

Schedule of amortized cost and fair value of debt securities classified as available-for-sale by contractual maturity

	Amortized		Fair
(in thousands)	Cost		Value
Due in one year or less	$	7,227	$	7,307
Due after one year through five years		61,306		61,589
Due after five years through ten years		25,884		26,151
Due after ten years		1,471		1,452
Total		95,888		96,499
Asset-backed securities		110,394		109,317
Total available-for-sale securities	$	206,282	$	205,816

Schedule of gross unrealized losses on debt securities and fair value of related securities aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position

	Less than 12 months					12 months or more					Total		Total
	Fair		Unrealized			Fair		Unrealized			Fair		Unrealized
(in thousands)	Value		Losses			Value		Losses			Value		Losses
At September 30, 2014
Government sponsored   enterprises	$	9,405	$	(38	)	$	19,781	$	(221	)	$	29,186	$	(259	)
Asset-backed securities		20,915		(170	)		48,942		(1,740	)		69,857		(1,910	)
Obligations of states and   political subdivisions		2,288		(3	)		2,578		(38	)		4,866		(41	)
Total	$	32,608	$	(211	)	$	71,301	$	(1,999	)	$	103,909	$	(2,210	)
(in thousands)
At December 31, 2013
Government sponsored   enterprises	$	25,771	$	(767	)	$	0	$	0		$	25,771	$	(767	)
Asset-backed securities		76,048		(2,940	)		5,941		(251	)		81,989		(3,191	)
Obligations of states and   political subdivisions		6,907		(159	)		450		(53	)		7,357		(212	)
Total	$	108,726	$	(3,866	)	$	6,391	$	(304	)	$	115,117	$	(4,170	)

Schedule of components of investment securities gains (losses), which are recognized in earnings

	Three Months Ended September 30,				Nine Months Ended September 30,
(in thousands)	2014		2013		2014		2013
Gains realized on sales	$	0	$	0	$	0	$	554
Losses realized on sales		0		0		0		0
Other-than-temporary impairment recognized		0		0		0		0
Investment securities gains	$	0	$	0	$	0	$	554