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Investment Securities (Tables)
9 Months Ended
Sep. 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 September 30, 2014

 

 

 

 

 

 

 

 

 

 

 

Held to Maturity:

 

 

 

 

 

 

 

 

 

 

 

Obligations of state and political subdivisions

$

10,663 

 

$

602 

 

$

 -

 

$

11,265 

Total

$

10,663 

 

$

602 

 

$

 -

 

$

11,265 

 

 

 

 

 

 

 

 

 

 

 

 

Available for Sale:

 

 

 

 

 

 

 

 

 

 

 

Federal agency securities

$

110,620 

 

$

325 

 

$

(1,264)

 

$

109,681 

Obligations of state and political subdivisions

 

32,864 

 

 

439 

 

 

(262)

 

 

33,041 

Residential mortgage-backed securities

 

171,964 

 

 

1,792 

 

 

(1,562)

 

 

172,194 

Asset-backed securities

 

9,601 

 

 

 -

 

 

(46)

 

 

9,555 

Other securities

 

33,993 

 

 

1,511 

 

 

(31)

 

 

35,473 

Total

$

359,042 

 

$

4,067 

 

$

(3,165)

 

$

359,944 

 

 

 

 

 

 

 

 

 

 

 

 

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

$

19,323 

 

$

19,581 

 

$

940 

 

$

946 

More than one year through five years

 

170,716 

 

 

172,418 

 

 

3,834 

 

 

3,976 

More than five years through ten years

 

118,044 

 

 

116,772 

 

 

2,515 

 

 

2,612 

More than ten years

 

50,959 

 

 

51,173 

 

 

3,374 

 

 

3,731 

Total

$

359,042 

 

$

359,944 

 

$

10,663 

 

$

11,265 

 

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 September 30, 2014

 

 

 

 

 

 

 

 

 

 

 

 

 

Available for Sale:

 

 

 

 

 

 

 

 

 

 

 

 

 

Federal agency securities

15 

 

$

66,999 

 

$

(798)

 

$

(466)

 

$

65,735 

Obligations of state and political subdivisions

10 

 

 

15,182 

 

 

(96)

 

 

(166)

 

 

14,920 

Residential mortgage-backed securities

39 

 

 

63,596 

 

 

(1,236)

 

 

(327)

 

 

62,033 

Asset-backed securities

 

 

9,601 

 

 

(46)

 

 

 -

 

 

9,555 

Other securities

 

 

2,000 

 

 

(30)

 

 

 -

 

 

1,970 

Total

68 

 

$

157,378 

 

$

(2,206)

 

$

(959)

 

$

154,213 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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