XML 48 R22.htm IDEA: XBRL DOCUMENT
v2.4.0.8

Investment Securities (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2014
Investment Securities [Abstract] |
Amortized Cost And Fair Value Of Investment Securities | The amortized cost and fair value of investment securities are summarized below (in thousands):
|  | Amortized |  | Unrealized |  | Unrealized |  | Fair
|  | Cost |  | Gains |  | Losses |  | Value
March 31, 2014 |  |  |  |  |  |  |  |
Securities available for sale: |  |  |  |  |  |  |  |
U.S. Government agencies and government |  |  |  |  |  |  |  |
sponsored enterprises | $ | 190,967 | $ | 1,659 | $ | 2,132 | $ | 190,494
Mortgage-backed securities: |  |  |  |  |  |  |  |
Federal National Mortgage Association |  | 174,591 |  | 1,561 |  | 3,784 |  | 172,368
Federal Home Loan Mortgage Corporation |  | 34,713 |  | 641 |  | 130 |  | 35,224
Government National Mortgage Association |  | 60,857 |  | 2,164 |  | 113 |  | 62,908
Collateralized mortgage obligations: |  |  |  |  |  |  |  |
Federal National Mortgage Association |  | 65,427 |  | 339 |  | 1,708 |  | 64,058
Federal Home Loan Mortgage Corporation |  | 104,334 |  | 232 |  | 3,656 |  | 100,910
Government National Mortgage Association |  | 46,172 |  | 924 |  | 156 |  | 46,940
Privately issued |  | - |  | 1,402 |  | - |  | 1,402
Total collateralized mortgage obligations |  | 215,933 |  | 2,897 |  | 5,520 |  | 213,310
Total mortgage-backed securities |  | 486,094 |  | 7,263 |  | 9,547 |  | 483,810
Asset-backed securities |  | 18 |  | 328 |  | - |  | 346
Total available for sale securities | $ | 677,079 | $ | 9,250 | $ | 11,679 | $ | 674,650
Securities held to maturity: |  |  |  |  |  |  |  |
State and political subdivisions | $ | 253,576 | $ | 2,578 | $ | 63 | $ | 256,091
(3.) INVESTMENT SECURITIES (Continued)
|  | Amortized |  | Unrealized |  | Unrealized |  | Fair
|  | Cost |  | Gains |  | Losses |  | Value
December 31, 2013 |  |  |  |  |  |  |  |
Securities available for sale: |  |  |  |  |  |  |  |
U.S. Government agencies and government |  |  |  |  |  |  |  |
sponsored enterprises | $ | 135,840 | $ | 1,414 | $ | 2,802 | $ | 134,452
Mortgage-backed securities: |  |  |  |  |  |  |  |
Federal National Mortgage Association |  | 173,507 |  | 1,511 |  | 4,810 |  | 170,208
Federal Home Loan Mortgage Corporation |  | 36,737 |  | 562 |  | 205 |  | 37,094
Government National Mortgage Association |  | 61,832 |  | 2,152 |  | 142 |  | 63,842
Collateralized mortgage obligations: |  |  |  |  |  |  |  |
Federal National Mortgage Association |  | 63,838 |  | 261 |  | 3,195 |  | 60,904
Federal Home Loan Mortgage Corporation |  | 102,660 |  | 169 |  | 5,856 |  | 96,973
Government National Mortgage Association |  | 43,734 |  | 913 |  | 586 |  | 44,061
Privately issued |  | - |  | 1,467 |  | - |  | 1,467
Total collateralized mortgage obligations |  | 210,232 |  | 2,810 |  | 9,637 |  | 203,405
Total mortgage-backed securities |  | 482,308 |  | 7,035 |  | 14,794 |  | 474,549
Asset-backed securities |  | 18 |  | 381 |  | - |  | 399
Total available for sale securities | $ | 618,166 | $ | 8,830 | $ | 17,596 | $ | 609,400
Securities held to maturity: |  |  |  |  |  |  |  |
State and political subdivisions | $ | 249,785 | $ | 1,340 | $ | 468 | $ | 250,657
Sales And Calls Of Securities Available For Sale |
|  | Three months ended
|  | March 31,
|  | 2014 |  |  | 2013
Proceeds from sales | $ | 19,470 | $ |  | 952
Gross realized gains |  | 313 |  |  | 892
Scheduled Maturities Of Securities Available For Sale And Securities Held To Maturity |
|  | Amortized |  | Fair
|  | Cost |  | Value
Debt securities available for sale: |  |  |  |
Due in one year or less | $ | 49,052 | $ | 49,051
Due from one to five years |  | 51,365 |  | 52,669
Due after five years through ten years |  | 252,569 |  | 248,478
Due after ten years |  | 324,093 |  | 324,452
| $ | 677,079 | $ | 674,650
Debt securities held to maturity: |  |  |  |
Due in one year or less | $ | 24,841 | $ | 24,908
Due from one to five years |  | 111,876 |  | 112,972
Due after five years through ten years |  | 116,817 |  | 118,157
Due after ten years |  | 42 |  | 54
| $ | 253,576 | $ | 256,091
Investments' Gross Unrealized Losses And Fair Value |
|  | Less than 12 months |  | 12 months or longer |  | Total |
|  | Fair |  | Unrealized |  | Fair | Unrealized |  | Fair | Unrealized
|  | Value |  | Losses |  | Value |  | Losses |  | Value |  | Losses
March 31, 2014 |  |  |  |  |  |  |  |  |  |  |  |
Securities available for sale: |  |  |  |  |  |  |  |  |  |  |  |
U.S. Government agencies and government |  |  |  |  |  |  |  |  |  |  |  |
sponsored enterprises | $ | 82,112 | $ | 1,072 | $ | 22,184 | $ | 1,060 | $ | 104,296 | $ | 2,132
Mortgage-backed securities: |  |  |  |  |  |  |  |  |  |  |  |
Federal National Mortgage Association |  | 96,533 |  | 2,416 |  | 25,166 |  | 1,368 |  | 121,699 |  | 3,784
Federal Home Loan Mortgage Corporation |  | 8,490 |  | 130 |  | - |  | - |  | 8,490 |  | 130
Government National Mortgage Association |  | 6,097 |  | 113 |  | - |  | - |  | 6,097 |  | 113
Collateralized mortgage obligations: |  |  |  |  |  |  |  |  |  |  |  |
Federal National Mortgage Association |  | 35,545 |  | 656 |  | 15,645 |  | 1,052 |  | 51,190 |  | 1,708
Federal Home Loan Mortgage Corporation |  | 71,893 |  | 2,158 |  | 20,989 |  | 1,498 |  | 92,882 |  | 3,656
Government National Mortgage Association |  | 8,417 |  | 156 |  | - |  | - |  | 8,417 |  | 156
Total collateralized mortgage obligations |  | 115,855 |  | 2,970 |  | 36,634 |  | 2,550 |  | 152,489 |  | 5,520
Total mortgage-backed securities |  | 226,975 |  | 5,629 |  | 61,800 |  | 3,918 |  | 288,775 |  | 9,547
Total available for sale securities |  | 309,087 |  | 6,701 |  | 83,984 |  | 4,978 |  | 393,071 |  | 11,679
Securities held to maturity: |  |  |  |  |  |  |  |  |  |  |  |
State and political subdivisions |  | 10,907 |  | 63 |  | - |  | - |  | 10,907 |  | 63
Total temporarily impaired securities | $ | 319,994 | $ | 6,764 | $ | 83,984 | $ | 4,978 | $ | 403,978 | $ | 11,742
December 31, 2013 |  |  |  |  |  |  |  |  |  |  |  |
Securities available for sale: |  |  |  |  |  |  |  |  |  |  |  |
U.S. Government agencies and government |  |  |  |  |  |  |  |  |  |  |  |
sponsored enterprises | $ | 86,177 | $ | 2,788 | $ | 2,717 | $ | 14 | $ | 88,894 | $ | 2,802
Mortgage-backed securities: |  |  |  |  |  |  |  |  |  |  |  |
Federal National Mortgage Association |  | 103,778 |  | 3,491 |  | 20,689 |  | 1,319 |  | 124,467 |  | 4,810
Federal Home Loan Mortgage Corporation |  | 14,166 |  | 205 |  | - |  | - |  | 14,166 |  | 205
Government National Mortgage Association |  | 14,226 |  | 142 |  | - |  | - |  | 14,226 |  | 142
Collateralized mortgage obligations: |  |  |  |  |  |  |  |  |  |  |  |
Federal National Mortgage Association |  | 35,632 |  | 2,586 |  | 11,760 |  | 609 |  | 47,392 |  | 3,195
Federal Home Loan Mortgage Corporation |  | 72,655 |  | 4,980 |  | 15,762 |  | 876 |  | 88,417 |  | 5,856
Government National Mortgage Association |  | 8,396 |  | 586 |  | - |  | - |  | 8,396 |  | 586
Total collateralized mortgage obligations |  | 116,683 |  | 8,152 |  | 27,522 |  | 1,485 |  | 144,205 |  | 9,637
Total mortgage-backed securities |  | 248,853 |  | 11,990 |  | 48,211 |  | 2,804 |  | 297,064 |  | 14,794
Total available for sale securities |  | 335,030 |  | 14,778 |  | 50,928 |  | 2,818 |  | 385,958 |  | 17,596
Securities held to maturity: |  |  |  |  |  |  |  |  |  |  |  |
State and political subdivisions |  | 72,269 |  | 468 |  | - |  | - |  | 72,269 |  | 468
Total temporarily impaired securities | $ | 407,299 | $ | 15,246 | $ | 50,928 | $ | 2,818 | $ | 458,227 | $ | 18,064

X
- Details
Name: | us-gaap_InvestmentsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
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
- Definition Tabular disclosure of realized gains and losses on investments reported in the statement of income. + References No definition available. + Details
Name: | us-gaap_RealizedGainLossOnInvestmentsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
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 unrealized gains and losses on investments. + References No definition available. + Details
Name: | us-gaap_UnrealizedGainLossOnInvestmentsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration