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Securities (Tables) | 9 Months Ended
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Sep. 30, 2013
Investments Debt And Equity Securities [Abstract] |
Securities Available for Sale | Securities available for sale at September 30, 2013 and December 31, 2012 are as follows:
|  | September 30, 2013 |  |  | December 31, 2012 |
|  | Amortized |  |  | Unrealized |  |  | Fair |  |  | Amortized |  |  | Unrealized |  |  | Fair |
| Cost |  |  | Gains |  |  | Losses |  |  | Value |  |  | Cost |  |  | Gains |  |  | Losses |  |  | Value |
U.S. Treasury |  | $ | 2,003 |  |  | $ | 4 |  |  | $ | 0 |  |  | $ | 2,007 |  |  | $ | 4,018 |  |  | $ | 18 |  |  | $ | 0 |  |  | $ | 4,036 |
U.S. Gov’t sponsored entities |  |  | 179,875 |  |  |  | 3,175 |  |  |  | (5,820 | ) |  |  | 177,230 |  |  |  | 157,965 |  |  |  | 5,977 |  |  |  | (161 | ) |  |  | 163,781 |
State & political subdivisions |  |  | 177,503 |  |  |  | 4,416 |  |  |  | (2,056 | ) |  |  | 179,863 |  |  |  | 170,223 |  |  |  | 11,113 |  |  |  | (57 | ) |  |  | 181,279 |
Residential & multi-family mortgage |  |  | 258,466 |  |  |  | 2,945 |  |  |  | (6,372 | ) |  |  | 255,039 |  |  |  | 308,800 |  |  |  | 8,724 |  |  |  | (702 | ) |  |  | 316,822 |
Commercial mortgage |  |  | 971 |  |  |  | 0 |  |  |  | (21 | ) |  |  | 950 |  |  |  | 1,275 |  |  |  | 29 |  |  |  | 0 |  |  |  | 1,304 |
Corporate notes & bonds |  |  | 15,741 |  |  |  | 56 |  |  |  | (1,640 | ) |  |  | 14,157 |  |  |  | 17,368 |  |  |  | 26 |  |  |  | (2,370 | ) |  |  | 15,024 |
Pooled trust preferred |  |  | 800 |  |  |  | 0 |  |  |  | (24 | ) |  |  | 776 |  |  |  | 800 |  |  |  | 0 |  |  |  | (200 | ) |  |  | 600 |
Pooled SBA |  |  | 71,924 |  |  |  | 652 |  |  |  | (3,063 | ) |  |  | 69,513 |  |  |  | 50,667 |  |  |  | 2,277 |  |  |  | (17 | ) |  |  | 52,927 |
Other securities |  |  | 1,020 |  |  |  | 0 |  |  |  | (24 | ) |  |  | 996 |  |  |  | 1,521 |  |  |  | 17 |  |  |  | 0 |  |  |  | 1,538 |
Total |  | $ | 708,303 |  |  | $ | 11,248 |  |  | $ | (19,020 | ) |  | $ | 700,531 |  |  | $ | 712,637 |  |  | $ | 28,181 |  |  | $ | (3,507 | ) |  | $ | 737,311 |
Trading Securities | Trading securities at September 30, 2013 and December 31, 2012 are as follows:
|  | September 30, 2013 |  |  | December 31, 2012 |
Corporate equity securities |  | $ | 2,998 |  |  | $ | 3,117 |
Certificates of deposit |  |  | 253 |  |  |  | 408 |
International mutual funds |  |  | 257 |  |  |  | 287 |
Large cap growth mutual funds |  |  | 182 |  |  |  | 157 |
Large cap value mutual funds |  |  | 121 |  |  |  | 104 |
Real estate investment trust mutual funds |  |  | 40 |  |  |  | 65 |
Corporate notes and bonds |  |  | 152 |  |  |  | 101 |
Mid cap mutual funds |  |  | 81 |  |  |  | 26 |
Small cap mutual funds |  |  | 81 |  |  |  | 26 |
U.S. Government sponsored entities |  |  | 53 |  |  |  | 58 |
Commodities mutual funds |  |  | 54 |  |  |  | 0 |
Money market mutual funds |  |  | 86 |  |  |  | 110 |
Total |  | $ | 4,358 |  |  | $ | 4,459 |
Securities with Unrealized Losses Aggregated by Investment Category and Length of Time that Individual Securities have been in Continuous Unrealized Loss Position | Securities with unrealized losses at September 30, 2013 and December 31, 2012, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position, are as follows (in thousands): September 30, 2013
|  | Less than 12 Months |  |  | 12 Months or More |  |  | Total |
|  | Fair Value |  |  | Unrealized Loss |  |  | Fair Value |  |  | Unrealized Loss |  |  | Fair Value |  |  | Unrealized Loss |
U.S. Treasury |  | $ | 0 |  |  | $ | 0 |  |  | $ | 0 |  |  | $ | 0 |  |  | $ | 0 |  |  | $ | 0 |
U.S. Gov’t sponsored entities |  |  | 110,419 |  |  |  | (5,820 | ) |  |  | 0 |  |  |  | 0 |  |  |  | 110,419 |  |  |  | (5,820 | )
State & political subdivisions |  |  | 58,955 |  |  |  | (2,047 | ) |  |  | 474 |  |  |  | (9 | ) |  |  | 59,429 |  |  |  | (2,056 | )
Residential & multi-family mortgage |  |  | 157,880 |  |  |  | (6,201 | ) |  |  | 5,124 |  |  |  | (171 | ) |  |  | 163,004 |  |  |  | (6,372 | )
Commercial mortgage |  |  | 950 |  |  |  | (21 | ) |  |  | 0 |  |  |  | 0 |  |  |  | 950 |  |  |  | (21 | )
Corporate notes & bonds |  |  | 0 |  |  |  | 0 |  |  |  | 9,754 |  |  |  | (1,640 | ) |  |  | 9,754 |  |  |  | (1,640 | )
Pooled trust preferred |  |  | 0 |  |  |  | 0 |  |  |  | 776 |  |  |  | (24 | ) |  |  | 776 |  |  |  | (24 | )
Pooled SBA |  |  | 40,735 |  |  |  | (2,933 | ) |  |  | 1,802 |  |  |  | (130 | ) |  |  | 42,537 |  |  |  | (3,063 | )
Other securities |  |  | 996 |  |  |  | (24 | ) |  |  | 0 |  |  |  | 0 |  |  |  | 996 |  |  |  | (24 | )
|  | $ | 369,935 |  |  | $ | (17,046 | ) |  | $ | 17,930 |  |  | $ | (1,974 | ) |  | $ | 387,865 |  |  | $ | (19,020 | )
December 31, 2012
|  | Less than 12 Months |  |  | 12 Months or More |  |  | Total |
|  | Fair Value |  |  | Unrealized Loss |  |  | Fair Value |  |  | Unrealized Loss |  |  | Fair Value |  |  | Unrealized Loss |
U.S. Treasury |  | $ | 0 |  |  | $ | 0 |  |  | $ | 0 |  |  | $ | 0 |  |  | $ | 0 |  |  | $ | 0 |
U.S. Gov’t sponsored entities |  |  | 41,715 |  |  |  | (161 | ) |  |  | 0 |  |  |  | 0 |  |  |  | 41,715 |  |  |  | (161 | )
State & political subdivisions |  |  | 7,857 |  |  |  | (57 | ) |  |  | 0 |  |  |  | 0 |  |  |  | 7,857 |  |  |  | (57 | )
Residential & multi-family mortgage |  |  | 32,159 |  |  |  | (688 | ) |  |  | 4,254 |  |  |  | (14 | ) |  |  | 36,413 |  |  |  | (702 | )
Commercial mortgage |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | 0 |
Corporate notes & bonds |  |  | 0 |  |  |  | 0 |  |  |  | 13,002 |  |  |  | (2,370 | ) |  |  | 13,002 |  |  |  | (2,370 | )
Pooled trust preferred |  |  | 0 |  |  |  | 0 |  |  |  | 600 |  |  |  | (200 | ) |  |  | 600 |  |  |  | (200 | )
Pooled SBA |  |  | 3,521 |  |  |  | (17 | ) |  |  | 0 |  |  |  | 0 |  |  |  | 3,521 |  |  |  | (17 | )
Other securities |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | 0 |
|  | $ | 85,252 |  |  | $ | (923 | ) |  | $ | 17,856 |  |  | $ | (2,584 | ) |  | $ | 103,108 |  |  | $ | (3,507 | )
Roll-Forward of Other-Than-Temporary Impairment Amount Related to Credit Losses | A roll-forward of the other-than-temporary impairment amount related to credit losses for the three and nine months ended September 30, 2013 and 2012 is as follows:
Balance of credit losses on debt securities for which a portion of other-than-temporary impairment was recognized in earnings, beginning of period |  | $ | 4,054 |
Additional credit loss for which other-than-temporary impairment was not previously recognized |  |  | 0 |
Additional credit loss for which other-than-temporary impairment was previously recognized |  |  | 0 |
Balance of credit losses on debt securities for which a portion of other-than-temporary impairment was recognized in earnings, end of period |  | $ | 4,054 |
Information Pertaining to Security Sales | Information pertaining to security sales is as follows:
|  | Proceeds |  |  | Gross Gains |  |  | Gross Losses |
Three months ended September 30, 2013 |  | $ | 0 |  |  | $ | 0 |  |  | $ | 0 |
Nine months ended September 30, 2013 |  |  | 33,672 |  |  |  | 822 |  |  |  | (494 | )
Three months ended September 30, 2012 |  |  | 4,090 |  |  |  | 103 |  |  |  | 0 |
Nine months ended September 30, 2012 |  |  | 92,707 |  |  |  | 1,549 |  |  |  | (149 | )
Schedule of Contractual Maturity of Securities Available for Sale, Excluding Equity Securities | The following is a schedule of the contractual maturity of securities available for sale, excluding equity securities, at September 30, 2013:
|  | Amortized |  |  | Fair |
|  | Cost |  |  | Value |
1 year or less |  | $ | 31,904 |  |  | $ | 31,651 |
1 year – 5 years |  |  | 137,688 |  |  |  | 138,186 |
5 years – 10 years |  |  | 163,672 |  |  |  | 162,836 |
After 10 years |  |  | 42,658 |  |  |  | 41,360 |
|  |  | 375,922 |  |  |  | 374,033 |
Residential and multi-family mortgage |  |  | 258,466 |  |  |  | 255,039 |
Pooled SBA |  |  | 71,924 |  |  |  | 69,513 |
Commercial mortgage |  |  | 971 |  |  |  | 950 |
Total debt securities |  | $ | 707,283 |  |  | $ | 699,535 |

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