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Investment Securities (Tables)
12 Months Ended
Dec. 31, 2012
Investment Securities [Abstract]  
Summary Of Amortized Cost And Fair Values Of Investment Securities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amortized

 

Gross Unrealized

 

Fair

(Dollars in thousands)

Cost

 

Gains

 

Losses

 

Value

At December 31, 2012

 

 

 

 

 

 

 

 

 

 

 

Held to Maturity:

 

 

 

 

 

 

 

 

 

 

 

Obligations of state and political subdivisions

$

12,797 

 

$

862 

 

$

 -

 

$

13,659 

Total

$

12,797 

 

$

862 

 

$

 -

 

$

13,659 

 

 

 

 

 

 

 

 

 

 

 

 

Available for Sale:

 

 

 

 

 

 

 

 

 

 

 

Federal agency securities

$

114,159 

 

$

1,474 

 

$

(19)

 

$

115,614 

Obligations of state and political subdivisions

 

34,754 

 

 

887 

 

 

(83)

 

 

35,558 

Residential mortgage-backed securities

 

200,310 

 

 

3,668 

 

 

(303)

 

 

203,675 

Asset-backed securities

 

7,794 

 

 

 -

 

 

(123)

 

 

7,671 

Equity securities

 

1,300 

 

 

497 

 

 

 -

 

 

1,797 

Total

$

358,317 

 

$

6,526 

 

$

(528)

 

$

364,315 

 

 

 

 

 

 

 

 

 

 

 

 

At December 31, 2011

 

 

 

 

 

 

 

 

 

 

 

Held to Maturity:

 

 

 

 

 

 

 

 

 

 

 

Obligations of state and political subdivisions

$

15,252 

 

$

633 

 

$

 -

 

$

15,885 

Total

$

15,252 

 

$

633 

 

$

 -

 

$

15,885 

 

 

 

 

 

 

 

 

 

 

 

 

Available for Sale:

 

 

 

 

 

 

 

 

 

 

 

Federal agency securities

$

64,524 

 

$

1,051 

 

$

(22)

 

$

65,553 

Obligations of state and political subdivisions

 

10,926 

 

 

196 

 

 

(19)

 

 

11,103 

Residential mortgage-backed securities

 

177,365 

 

 

4,889 

 

 

(107)

 

 

182,147 

Equity securities

 

1,054 

 

 

243 

 

 

 -

 

 

1,297 

Total

$

253,869 

 

$

6,379 

 

$

(148)

 

$

260,100 

 

Amortized Cost And Approximate Fair Value Of Investment Securities By Maturity Date

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Available for Sale

 

Held to Maturity

 

Amortized

 

Fair

 

Amortized

 

Fair

(Dollars in thousands)

Cost

 

Value

 

Cost

 

Value

One year or less

$

34,192 

 

$

34,302 

 

$

1,001 

 

$

1,002 

More than one year through five years

 

177,437 

 

 

181,420 

 

 

1,944 

 

 

1,981 

More than five years through ten years

 

133,135 

 

 

134,577 

 

 

6,416 

 

 

6,776 

More than ten years

 

13,553 

 

 

14,016 

 

 

3,436 

 

 

3,900 

Total

$

358,317 

 

$

364,315 

 

$

12,797 

 

$

13,659 

 

Summary Of Sales Of Available For Sale Securities

 

 

 

 

 

 

 

 

 

(Dollars in thousands)

 

2012

 

 

2011

 

 

2010

Proceeds from sales

$

6,588 

 

$

 -

 

$

57,782 

Gross realized gains

 

45 

 

 

 -

 

 

2,497 

Gross realized losses

 

(10)

 

 

 -

 

 

(3)

 

Summary Of Securities With Gross Unrealized Losses And Their Fair Values

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Continuous Unrealized

 

 

 

 

 

 

Amortized cost of

 

Loss Existing for:

 

Fair value of

 

Number of

 

securities with

 

Less Than

 

More Than

 

securities with

(Dollars in thousands)

Securities

 

unrealized losses

 

12 Months

 

12 Months

 

unrealized losses

At December 31, 2012

 

 

 

 

 

 

 

 

 

 

 

 

 

Available for Sale:

 

 

 

 

 

 

 

 

 

 

 

 

 

Federal agency securities

 

$

9,887 

 

$

(19)

 

$

 -

 

$

9,868 

Obligations of state and political subdivisions

 

 

10,457 

 

 

(83)

 

 

 -

 

 

10,374 

Residential mortgage-backed securities

23 

 

 

46,787 

 

 

(288)

 

 

(15)

 

 

46,484 

Asset-backed securities

 

 

7,794 

 

 

(123)

 

 

 -

 

 

7,671 

Total

41 

 

$

74,925 

 

$

(513)

 

$

(15)

 

$

74,397 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

At December 31, 2011

 

 

 

 

 

 

 

 

 

 

 

 

 

Available for Sale:

 

 

 

 

 

 

 

 

 

 

 

 

 

Federal agency securities

 

$

5,461 

 

$

(22)

 

$

 -

 

$

5,439 

Obligations of state and political subdivisions

 

 

3,853 

 

 

(19)

 

 

 -

 

 

3,834 

Residential mortgage-backed securities

22 

 

 

19,666 

 

 

(107)

 

 

 -

 

 

19,558 

Total

28 

 

$

28,980 

 

$

(148)

 

$

 -

 

$

28,831