XML 55 R19.htm IDEA: XBRL DOCUMENT v2.4.0.8

Securities Available for Sale (Tables)

3 Months Ended

Mar. 31, 2014

Investments Debt And Equity Securities [Abstract]

Amortized Cost and Fair Values of Investment Securities Available for Sale

The amortized cost and fair values of investment securities available for sale at March 31, 2014 and December 31, 2013 were:

(Dollars in thousands)		Amortized Cost				Gross Unrealized Gains				Gross Unrealized Losses				Fair Value
March 31, 2014
U.S. Government Agencies		$	25,265			$	0			$	282			$	24,983
U.S. Government Sponsored Enterprises (GSE)			24,204				74				465				23,813
States and political subdivisions			66,340				843				2,414				64,769
GSE residential mortgage-backed securities			158,080				1,335				215				159,200
GSE residential collateralized mortgage obligations (CMOs)			95,590				367				749				95,208
GSE commercial CMOs			65,391				78				1,725				63,744
Total debt securities			434,870				2,697				5,850				431,717
Equity securities			50				19				0				69
Totals		$	434,920			$	2,716			$	5,850			$	431,786
December 31, 2013
U.S. Government Agencies		$	25,610			$	34			$	193			$	25,451
U.S. Government Sponsored Enterprises (GSE)			14,431				5				722				13,714
States and political subdivisions			75,494				417				4,367				71,544
GSE residential mortgage-backed securities			198,449				895				725				198,619
GSE residential collateralized mortgage obligations (CMOs)			40,502				251				221				40,532
GSE commercial CMOs			59,812				0				2,798				57,014
Total debt securities			414,298				1,602				9,026				406,874
Equity securities			50				19				0				69
Totals		$	414,348			$	1,621			$	9,026			$	406,943

Gross Unrealized Losses and Fair Value of Company's Available for Sale Securities

The following table shows gross unrealized losses and fair value of the Company’s available for sale securities that are not deemed to be other-than-temporarily impaired, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position at March 31, 2014 and December 31, 2013:

		Less Than 12 Months								12 Months or More								Total
(Dollars in thousands)		Fair Value				Unrealized Losses				Fair Value				Unrealized Losses				Fair Value				Unrealized Losses
March 31, 2014
U.S. Government Agencies		$	13,302			$	115			$	11,680			$	167			$	24,982			$	282
U.S. Government Sponsored Enterprises (GSE)			17,291				308				2,039				157				19,330				465
States and political subdivisions			20,503				1,224				16,036				1,190				36,539				2,414
GSE residential mortgage-backed securities			12,558				123				9,725				92				22,283				215
GSE residential collateralized mortgage obligations (CMOs)			44,020				749				0				0				44,020				749
GSE commercial CMOs			15,271				335				29,456				1,390				44,727				1,725
Total temporarily impaired securities		$	122,945			$	2,854			$	68,936			$	2,996			$	191,881			$	5,850
December 31, 2013
U.S. Government Agencies		$	17,454			$	193			$	0			$	0			$	17,454			$	193
U.S. Government Sponsored Enterprises (GSE)			12,049				722				0				0				12,049				722
States and political subdivisions			53,606				4,367				0				0				53,606				4,367
GSE residential mortgage-backed securities			125,468				716				7,447				9				132,915				725
GSE residential collateralized mortgage obligations (CMOs)			14,033				220				44				1				14,077				221
GSE commercial CMOs			38,298				1,248				18,716				1,550				57,014				2,798
Total temporarily impaired securities		$	260,908			$	7,466			$	26,207			$	1,560			$	287,115			$	9,026

Schedule of Amortized Cost and Fair Values of Securities Available for Sale by Contractual Maturity

The amortized cost and fair values of securities available for sale at March 31, 2014 by contractual maturity are shown below. Contractual maturities will differ from expected maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties.

		Available for Sale
(Dollars in thousands)		Amortized Cost				Fair Value
Due in one year or less		$	1,560			$	1,563
Due after one year through five years			7,422				7,403
Due after five years through ten years			32,311				31,502
Due after ten years			74,516				73,097
Mortgage-backed securities and collateralized mortgage obligations			319,061				318,152
Total debt securities			434,870				431,717
Equity securities			50				69
		$	434,920			$	431,786

X

- Definition

Tabular disclosure of available-for-sale securities which includes, but is not limited to, changes in the cost basis and fair value, fair value and gross unrealized gain (loss), fair values by type of security, contractual maturity and classification, amortized cost basis, contracts to acquire securities to be accounted for as available-for-sale, debt maturities, transfers to trading, change in net unrealized holding gain (loss) net of tax, continuous unrealized loss position fair value, aggregate losses qualitative disclosures, other than temporary impairment (OTTI) losses or other disclosures related to available for sale securities.

+ 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



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

-Publisher FASB

-Name Accounting Standards Codification

-Topic 320

-SubTopic 10

-Section 50

-Paragraph 9

-URI http://asc.fasb.org/extlink&oid=27724398&loc=d3e27357-111563



Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 320

-SubTopic 10

-Section 50

-Paragraph 7

-URI http://asc.fasb.org/extlink&oid=27724398&loc=d3e27337-111563



Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 942

-SubTopic 320

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6957658&loc=d3e62557-112803



Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 320

-SubTopic 10

-Section 50

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=27724398&loc=d3e27198-111563



Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 942

-SubTopic 320

-Section 50

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=6957658&loc=d3e62586-112803



Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 320

-SubTopic 10

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=27724398&loc=d3e27161-111563

+ Details

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

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