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Securities (Tables)
 9 Months Ended
Sep. 30, 2012
Securities [Abstract]  
Major Components Of Securities Available For Sale ("AFS") And Held To Maturity ("HTM") At Amortized Cost And Estimated Fair Value [Table Text Block]

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

September 30, 2012

 

December 31, 2011

(In thousands)

 

Amortized cost

 

Gross unrealized gains

 

Gross unrealized losses

 

Estimated fair value

 

Amortized cost

 

Gross unrealized gains

 

Gross unrealized losses

 

Estimated fair value

Available for sale:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

U.S. Government sponsored entities  

 

$
1,979 

 

$
71 

 

$

 -

 

$
2,050 

 

$
5,274 

 

$
102 

 

$

 -

 

$
5,376 

State and political subdivisions    

 

 
13,853 

 

 
566 

 

 
(4)

 

 
14,415 

 

 
17,031 

 

 
856 

 

 
(9)

 

 
17,878 

Residential mortgage-backed securities    

 

 
46,137 

 

 
1,700 

 

 
(136)

 

 
47,701 

 

 
56,546 

 

 
1,655 

 

 
(277)

 

 
57,924 

Commercial mortgage-backed securities    

 

 
6,128 

 

 
41 

 

 
(11)

 

 
6,158 

 

 
208 

 

 
2 

 

 

 -

 

 
210 

Corporate and other securities

 

 
20,733 

 

 
389 

 

 
(594)

 

 
20,528 

 

 
7,799 

 

 
5 

 

 
(427)

 

 
7,377 

Total securities available for sale

 

$
88,830 

 

$
2,767 

 

$
(745)

 

$
90,852 

 

$
86,858 

 

$
2,620 

 

$
(713)

 

$
88,765 

Held to maturity:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

State and political subdivisions    

 

$
2,748 

 

$
279 

 

$

 -

 

$
3,027 

 

$
2,992 

 

$
192 

 

$

 -

 

$
3,184 

Residential mortgage-backed securities    

 

 
10,159 

 

 
381 

 

 
(9)

 

 
10,531 

 

 
13,083 

 

 
329 

 

 
(31)

 

 
13,381 

Commercial mortgage-backed securities    

 

 
2,678 

 

 
648 

 

 

 -

 

 
3,326 

 

 
2,696 

 

 
618 

 

 

 -

 

 
3,314 

Total securities held to maturity

 

$
15,585 

 

$
1,308 

 

$
(9)

 

$
16,884 

 

$
18,771 

 

$
1,139 

 

$
(31)

 

$
19,879 

 

Remaining Contractual Maturities And Yields Of Securities Within The Investment Portfolios [Table Text Block]

 

 

Within one year

 

After one through five years

 

After five through ten years

 

After ten years

 

Total carrying value

 

(In thousands)

 

Amount

 

Yield

 

Amount

 

Yield

 

Amount

 

Yield

 

Amount

 

Yield

 

Amount

 

Yield

 

Available for sale at fair value:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

U.S. Government sponsored entities  

 

$

 -

 

 -

%

$
1,160 

 
1.40 

%

$
8 

 
0.97 

%

$
882 

 
3.69 

%

$
2,050 

 
2.38 

%

State and political subdivisions    

 

 

 -

 

 -

 

 
148 

 
6.50 

 

 
10,077 

 
3.02 

 

 
4,190 

 
2.42 

 

 
14,415 

 
3.26 

 

Residential mortgage-backed securities    

 

 
67 

 
3.46 

 

 
102 

 
3.35 

 

 
1,060 

 
4.56 

 

 
46,472 

 
2.98 

 

 
47,701 

 
3.01 

 

Commercial mortgage-backed securities    

 

 

 -

 

 -

 

 

 -

 

 -

 

 

 -

 

 -

 

 
6,158 

 
2.01 

 

 
6,158 

 
2.01 

 

Corporate and other securities

 

 

 -

 

 -

 

 
3,359 

 
2.55 

 

 
3,769 

 
3.73 

 

 
13,400 

 
2.15 

 

 
20,528 

 
2.51 

 

Total securities available for sale

 

$
67 

 
3.46 

%

$
4,769 

 
2.41 

%

$
14,914 

 
3.31 

%

$
71,102 

 
2.75 

%

$
90,852 

 
2.86 

%

Held to maturity at cost:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

State and political subdivisions    

 

$
624 

 
0.75 

%

$

 -

 

 -

%

$

 -

 

 -

%

$
2,124 

 
4.69 

%

$
2,748 

 
3.80 

%

Residential mortgage-backed securities    

 

 

 -

 

 -

 

 
901 

 
4.59 

 

 
808 

 
4.87 

 

 
8,450 

 
2.65 

 

 
10,159 

 
3.00 

 

Commercial mortgage-backed securities    

 

 

 -

 

 -

 

 

 -

 

 -

 

 

 -

 

 -

 

 
2,678 

 
5.40 

 

 
2,678 

 
5.40 

 

Total securities held to maturity

 

$
624 

 
0.75 

%

$
901 

 
4.59 

%

$
808 

 
4.87 

%

$
13,252 

 
3.53 

%

$
15,585 

 
3.55 

%

 

Fair Value Of Securities With Unrealized Losses By Length Of Time That The Individual Securities Have Been In A Continuous Unrealized Loss Position [Table Text Block]

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

September 30, 2012

 

 

 

 

 

Less than 12 months

 

12 months and greater

 

Total

(In thousands)

 

Total number in a loss position

 

Estimated fair value

 

Unrealized loss

 

Estimated fair value

 

Unrealized loss

 

Estimated fair value

 

Unrealized loss

Available for sale:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

State and political subdivisions    

 

 
2 

 

$
779 

 

$
(4)

 

$

 -

 

$

 -

 

$
779 

 

$
(4)

Residential mortgage-backed securities    

 

 
6 

 

 
2,637 

 

 
(24)

 

 
2,212 

 

 
(112)

 

 
4,849 

 

 
(136)

Commercial mortgage-backed securities    

 

 
4 

 

 
1,527 

 

 
(11)

 

 

 -

 

 

 -

 

 
1,527 

 

 
(11)

Corporate and other securities

 

 
5 

 

 
1,036 

 

 
(34)

 

 
2,979 

 

 
(560)

 

 
4,015 

 

 
(594)

Total temporarily impaired investments

 

 
17 

 

$
5,979 

 

$
(73)

 

$
5,191 

 

$
(672)

 

$
11,170 

 

$
(745)

Held to maturity:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Residential mortgage-backed securities    

 

 
1 

 

$

 -

 

$

 -

 

$
333 

 

$
(9)

 

$
333 

 

$
(9)

Total temporarily impaired investments

 

 
1 

 

$

 -

 

$

 -

 

$
333 

 

$
(9)

 

$
333 

 

$
(9)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2011

 

 

 

 

 

Less than 12 months

 

12 months and greater

 

Total

(In thousands)

 

Total number in a loss position

 

Estimated fair value

 

Unrealized loss

 

Estimated fair value

 

Unrealized loss

 

Estimated fair value

 

Unrealized loss

Available for sale:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

State and political subdivisions    

 

 
2 

 

$
424 

 

$
(9)

 

$

 -

 

$

 -

 

$
424 

 

$
(9)

Residential mortgage-backed securities    

 

 
6 

 

 
4,512 

 

 
(80)

 

 
871 

 

 
(197)

 

 
5,383 

 

 
(277)

Corporate and other securities

 

 
8 

 

 
5,038 

 

 
(173)

 

 
1,334 

 

 
(254)

 

 
6,372 

 

 
(427)

Total temporarily impaired investments

 

 
16 

 

$
9,974 

 

$
(262)

 

$
2,205 

 

$
(451)

 

$
12,179 

 

$
(713)

Held to maturity:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Residential mortgage-backed securities    

 

 
3 

 

$
2,545 

 

$
(4)

 

$
542 

 

$
(27)

 

$
3,087 

 

$
(31)

Total temporarily impaired investments

 

 
3 

 

$
2,545 

 

$
(4)

 

$
542 

 

$
(27)

 

$
3,087 

 

$
(31)

 

Gross Realized Gains (Losses) On Securities [Table Text Block]

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the three months ended September 30,

 

For the nine months ended September 30,

(In thousands)

 

2012

 

2011

 

2012

 

2011

Available for sale:

 

 

 

 

 

 

 

 

 

 

 

 

Realized gains

 

$

 -

 

$
316 

 

$
511 

 

$
484 

Realized losses

 

 

 -

 

 

 -

 

 
(4)

 

 
(13)

Total securities available for sale

 

 

 -

 

 
316 

 

 
507 

 

 
471 

Held to maturity:

 

 

 

 

 

 

 

 

 

 

 

 

Realized gains

 

 
7 

 

 

 -

 

 
7 

 

 

 -

Realized losses

 

 

 -

 

 
(50)

 

 

 -

 

 
(118)

Total securities held to maturity

 

 
7 

 

 
(50)

 

 
7 

 

 
(118)

Net gains on sales of securities

 

$
7 

 

$
266 

 

$
514 

 

$
353