XML 35 R28.htm IDEA: XBRL DOCUMENT v2.4.0.8

INVESTMENT SECURITIES (Tables)

9 Months Ended

Sep. 30, 2014

INVESTMENT SECURITIES

Summary of available for sale and held to maturity investment securities

					Gross			Gross			Estimated
		Amortized			Unrealized			Unrealized			Fair
		Cost			Gains			Losses			Value
		(Dollars in thousands)
At September 30, 2014:
Held to Maturity:
Mortgage-backed securities - U.S. Government sponsored entities		$	242,141		$	63		$	(6,275	)	$	235,929
Available for Sale:
Debt securities:
States and political subdivisions		$	191,553		$	1,844		$	(3,238	)	$	190,159
Corporate securities		84,331			1,427			(206		)	85,552
Mortgage-backed securities:
U.S. Government sponsored entities		737,504			8,780			(5,745		)	740,539
Non-agency collateralized mortgage obligations		165,518			3,320			(1,377		)	167,461
Other		743			110			—			853
Total		$	1,179,649		$	15,481		$	(10,566	)	$	1,184,564
At December 31, 2013:
Held to Maturity:
Mortgage-backed securities - U.S. Government sponsored entities		$	252,047		$	—		$	(13,342	)	$	238,705
Available for Sale:
Debt securities:
States and political subdivisions		$	191,158		$	305		$	(12,106	)	$	179,357
Corporate securities		157,337			1,878			(1,120		)	158,095
Mortgage-backed securities:
U.S. Government sponsored entities		936,144			7,085			(15,603		)	927,626
Non-agency collateralized mortgage obligations		147,902			81			(5,937		)	142,046
Other		755			120			—			875
Total		$	1,433,296		$	9,469		$	(34,766	)	$	1,407,999

Schedule of amortized cost and estimated fair value of investment securities by contractual maturity

		September 30, 2014
		Amortized Cost			Estimated Fair Value
		(Dollars in thousands)
Held to Maturity
Mortage-backed securities		$	242,141		$	235,929
Available for Sale
Due in one year or less		$	3,471		$	3,471
Due after one year through five years		53,494			54,842
Due after five years through ten years		99,948			99,847
Due after ten years		118,971			117,551
Mortage-backed securities		903,022			908,000
Other		743			853
Total		$	1,179,649		$	1,184,564

Schedule of investment securities in an unrealized loss position

		Less than 12 months						12 months or longer						Total
					Unrealized						Unrealized						Unrealized
Description of Securities		Fair Value			Losses			Fair Value			Losses			Fair Value			Losses
		(Dollars in thousands)
At September 30, 2014:
Debt securities:
States and political subdivisions		$	16,780		$	(192	)	$	85,566		$	(3,046	)	$	102,346		$	(3,238	)
Corporate securities		12,732			(75		)	8,354			(131		)	21,086			(206		)
Mortgage-backed securities:
U.S. Government sponsored entities		100,487			(577		)	461,952			(11,443		)	562,439			(12,020		)
Non-agency collateralized mortgage obligations		14,800			(52		)	47,194			(1,325		)	61,994			(1,377		)
Total temporarily impaired securities		$	144,799		$	(896	)	$	603,066		$	(15,945	)	$	747,865		$	(16,841	)
At December 31, 2013:
Debt securities:
States and political subdivisions		$	137,176		$	(8,985	)	$	32,747		$	(3,121	)	$	169,923		$	(12,106	)
Corporate securities		75,368			(1,120		)	—			—			75,368			(1,120		)
Mortgage-backed securities:
U.S. Government sponsored entities		909,585			(28,386		)	4,848			(559		)	914,433			(28,945		)
Non-agency collateralized mortgage obligations		129,991			(5,937		)	—			—			129,991			(5,937		)
Total temporarily impaired securities		$	1,252,120		$	(44,428	)	$	37,595		$	(3,680	)	$	1,289,715		$	(48,108	)

X

- Definition

Tabular disclosure of maturities of an entity's investments as well as any other information pertinent to the investments.

+ References

No definition available.

+ Details

Name:	us-gaap_InvestmentsClassifiedByContractualMaturityDateTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Details

Name:	us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

For all investments in an unrealized loss position, including those for which other-than-temporary impairments have not been recognized in earnings (including investments for which a portion of an other-than-temporary impairment has been recognized in other comprehensive income), a tabular disclosure of the aggregate related fair value of investments with unrealized losses and the aggregate amount of unrealized losses (that is, the amount by which amortized cost basis exceeds fair value).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 320

-SubTopic 10

-Section 50

-Paragraph 6

-URI http://asc.fasb.org/extlink&oid=27724398&loc=d3e27290-111563

+ Details

Name:	us-gaap_ScheduleOfUnrealizedLossOnInvestmentsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the summary of investment holdings.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 946

-SubTopic 320

-Section S99

-Paragraph 4

-Subparagraph (SX 210.12-12C)

-URI http://asc.fasb.org/extlink&oid=34726532&loc=d3e611225-123010



Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 12C

-Article 12

+ Details

Name:	us-gaap_SummaryInvestmentHoldingsTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration