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Fair Value Measurements (Tables)
3 Months Ended
Mar. 31, 2014
Fair Value Measurements [Abstract]  
Assets Measured At Fair Value On A Recurring And Non-Recurring Basis
    Quoted Prices in              
    Active Markets   Significant          
    for Identical   Other    Significant    
    Assets or   Observable   Unobservable     
    Liabilities   Inputs    Inputs    
    (Level 1)   (Level 2)    (Level 3)   Total
March 31, 2014                  
Measured on a recurring basis:                  
Securities available for sale:                  
U.S. Government agencies and government sponsored enterprises $ - $ 190,494   $ - $ 190,494
Mortgage-backed securities   -   483,810     -   483,810
Asset-backed securities   -   346     -   346
  $ - $ 674,650   $ - $ 674,650
Measured on a nonrecurring basis:                  
Loans:                  
Loans held for sale $ - $ 900   $ - $ 900
Collateral dependent impaired loans   -   -   8,964    8,964
Other assets:                  
Loan servicing rights   -   -   1,517    1,517
Other real estate owned   -   -   412    412
  $ - $ 900 $ 10,893  $ 11,793
 
December 31, 2013                  
Measured on a recurring basis:                  
Securities available for sale:                  
U.S. Government agencies and government sponsored enterprises $ - $ 134,452   $ - $ 134,452
Mortgage-backed securities   -   474,549     -   474,549
Asset-backed securities   -   399     -   399
  $ - $ 609,400   $ - $ 609,400
Measured on a nonrecurring basis:                  
Loans:                  
Loans held for sale $ - $ 3,381   $ - $ 3,381
Collateral dependent impaired loans   -   -   9,227    9,227
Other assets:                  
Loan servicing rights   -   -   1,565    1,565
Other real estate owned   -   -   333    333
  $ - $ 3,381 $ 11,125  $ 14,506

 

Additional Quantitative Information About Assets Measured At Fair Value On A Recurring And Non-Recurring Basis
    Fair     Unobservable Input  
Asset   Value Valuation Technique Unobservable Input Value or Range  
Collateral dependent impaired loans $ 8,964 Appraisal of collateral (1) Appraisal adjustments (2) 18% - 100% discount  
      Discounted cash flow Discount rate 4.5 % (3)
        Risk premium rate 11.0 % (3)
 
Loan servicing rights   1,517 Discounted cash flow Discount rate 5.2 % (3)
        Constant prepayment rate 11.2 % (3)
 
Other real estate owned   412 Appraisal of collateral (1) Appraisal adjustments (2) 39% - 49% discount  


(1) Fair value is generally determined through independent appraisals of the underlying collateral, which generally include various Level 3 inputs which are not identifiable.

(2) Appraisals may be adjusted by management for qualitative factors such as economic conditions and estimated liquidation expenses.

(3) Weighted averages.

Carrying Amount, Estimated Fair Value, And Placement In Fair Value Hierarchy Of Financial Instruments
  Level in   March 31, 2014   December 31, 2013
  Fair Value       Estimated       Estimated
  Measurement   Carrying   Fair   Carrying   Fair
  Hierarchy   Amount   Value   Amount   Value
Financial assets:                  
Cash and cash equivalents Level 1 $ 72,401 $ 72,401 $ 59,692 $ 59,692
Securities available for sale Level 2   674,650   674,650   609,400   609,400
Securities held to maturity Level 2   253,576   256,091   249,785   250,657
Loans held for sale Level 2   900   900   3,381   3,381
Loans Level 2   1,812,724   1,816,875   1,797,656   1,802,407
Loans (1) Level 3   8,964   8,964   9,227   9,227
Accrued interest receivable Level 1   8,928   8,928   8,150   8,150
FHLB and FRB stock Level 2   13,394   13,394   19,663   19,663
 
Financial liabilities:                  
Non-maturity deposits Level 1   1,887,308   1,887,308   1,724,133   1,724,133
Time deposits Level 2   646,112   646,986   595,923   596,928
Short-term borrowings Level 1   196,746   196,746   337,042   337,042
Accrued interest payable Level 1   3,532   3,532   3,407   3,407

 

(1)      Comprised of collateral dependent impaired loans.