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Investment Securities (Tables)
12 Months Ended
Dec. 31, 2013
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, 2013

 

 

 

 

 

 

 

 

 

 

 

Held to Maturity:

 

 

 

 

 

 

 

 

 

 

 

Obligations of state and political subdivisions

$

11,720 

 

$

395 

 

$

 -

 

$

12,115 

Total

$

11,720 

 

$

395 

 

$

 -

 

$

12,115 

 

 

 

 

 

 

 

 

 

 

 

 

Available for Sale:

 

 

 

 

 

 

 

 

 

 

 

Federal agency securities

$

123,332 

 

$

330 

 

$

(2,889)

 

$

120,773 

Obligations of state and political subdivisions

 

33,685 

 

 

36 

 

 

(1,085)

 

 

32,636 

Residential mortgage-backed securities

 

183,512 

 

 

1,747 

 

 

(2,089)

 

 

183,170 

Asset-backed securities

 

9,578 

 

 

 -

 

 

(96)

 

 

9,482 

Equity securities

 

35,316 

 

 

1,267 

 

 

(165)

 

 

36,418 

Total

$

385,423 

 

$

3,380 

 

$

(6,324)

 

$

382,479 

 

 

 

 

 

 

 

 

 

 

 

 

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 

 

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

$

20,806 

 

$

21,151 

 

$

1,941 

 

$

1,957 

More than one year through five years

 

167,476 

 

 

168,675 

 

 

2,227 

 

 

2,282 

More than five years through ten years

 

151,933 

 

 

147,705 

 

 

4,151 

 

 

4,265 

More than ten years

 

45,208 

 

 

44,948 

 

 

3,401 

 

 

3,611 

Total

$

385,423 

 

$

382,479 

 

$

11,720 

 

$

12,115 

 

Summary Of Sales Of Available For Sale Securities

 

 

 

 

 

 

 

 

 

(Dollars in thousands)

 

2013

 

 

2012

 

 

2011

Proceeds from sales

$

2,744 

 

$

6,588 

 

$

 -

Gross realized gains

 

(0)

 

 

45 

 

 

 -

Gross realized losses

 

(0)

 

 

(10)

 

 

 -

 

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, 2013

 

 

 

 

 

 

 

 

 

 

 

 

 

Available for Sale:

 

 

 

 

 

 

 

 

 

 

 

 

 

Federal agency securities

24 

 

$

87,921 

 

$

(2,885)

 

$

(4)

 

$

85,032 

Obligations of state and political subdivisions

20 

 

 

31,579 

 

 

(887)

 

 

(198)

 

 

30,494 

Residential mortgage-backed securities

53 

 

 

104,667 

 

 

(2,015)

 

 

(74)

 

 

102,578 

Asset-backed securities

 

 

9,578 

 

 

(96)

 

 

 -

 

 

9,482 

Other Securities

 

 

27,728 

 

 

(165)

 

 

 -

 

 

27,563 

Total

108 

 

$

261,473 

 

$

(6,048)

 

$

(276)

 

$

255,149 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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