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Investment Securities (Tables)
6 Months Ended
Jun. 30, 2014
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 June 30, 2014

 

 

 

 

 

 

 

 

 

 

 

Held to Maturity:

 

 

 

 

 

 

 

 

 

 

 

Obligations of state and political subdivisions

$

10,682 

 

$

604 

 

$

 -

 

$

11,286 

Total

$

10,682 

 

$

604 

 

$

 -

 

$

11,286 

 

 

 

 

 

 

 

 

 

 

 

 

Available for Sale:

 

 

 

 

 

 

 

 

 

 

 

Federal agency securities

$

112,929 

 

$

383 

 

$

(1,098)

 

$

112,214 

Obligations of state and political subdivisions

 

33,469 

 

 

399 

 

 

(221)

 

 

33,647 

Residential mortgage-backed securities

 

183,590 

 

 

2,121 

 

 

(1,289)

 

 

184,422 

Asset-backed securities

 

9,593 

 

 

 

 

(42)

 

 

9,554 

Other securities

 

34,028 

 

 

1,354 

 

 

(28)

 

 

35,354 

Total

$

373,609 

 

$

4,260 

 

$

(2,678)

 

$

375,191 

 

 

 

 

 

 

 

 

 

 

 

 

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 

Other securities

 

35,316 

 

 

1,267 

 

 

(165)

 

 

36,418 

Total

$

385,423 

 

$

3,380 

 

$

(6,324)

 

$

382,479 

 

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

$

22,931 

 

$

23,279 

 

$

940 

 

$

949 

More than one year through five years

 

172,375 

 

 

174,510 

 

 

2,221 

 

 

2,287 

More than five years through ten years

 

121,916 

 

 

120,739 

 

 

4,137 

 

 

4,311 

More than ten years

 

56,387 

 

 

56,663 

 

 

3,384 

 

 

3,739 

Total

$

373,609 

 

$

375,191 

 

$

10,682 

 

$

11,286 

 

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 June 30, 2014

 

 

 

 

 

 

 

 

 

 

 

 

 

Available for Sale:

 

 

 

 

 

 

 

 

 

 

 

 

 

Federal agency securities

15 

 

$

59,185 

 

$

(695)

 

$

(403)

 

$

58,087 

Obligations of state and political subdivisions

 

 

13,149 

 

 

(66)

 

 

(155)

 

 

12,928 

Residential mortgage-backed securities

39 

 

 

66,734 

 

 

(1,029)

 

 

(260)

 

 

65,445 

Asset-backed securities

 

 

7,838 

 

 

(42)

 

 

 -

 

 

7,796 

Other securities

 

 

14,679 

 

 

(28)

 

 

 -

 

 

14,651 

Total

68 

 

$

161,585 

 

$

(1,860)

 

$

(818)

 

$

158,907 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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