Investment Securities (Tables)

6 Months Ended

Jun. 30, 2014

Amortized Cost And Fair Value Of Investment Securities


		Amortized		Unrealized		Unrealized		Fair
		Cost		Gains		Losses		Value
June 30, 2014
Securities available for sale:
U.S. Government agencies and government
sponsored enterprises	$	134,448	$	1,719	$	1,050	$	135,117
Mortgage-backed securities:
Federal National Mortgage Association		172,449		1,993		2,217		172,225
Federal Home Loan Mortgage Corporation		32,922		894		10		33,806
Government National Mortgage Association		62,946		2,551		54		65,443
Collateralized mortgage obligations:
Federal National Mortgage Association		63,224		431		1,427		62,228
Federal Home Loan Mortgage Corporation		96,922		215		3,289		93,848
Government National Mortgage Association		36,852		911		73		37,690
Privately issued		-		1,315		-		1,315
Total collateralized mortgage obligations		196,998		2,872		4,789		195,081
Total mortgage-backed securities		465,315		8,310		7,070		466,555
Asset-backed securities		-		231		-		231
Total available for sale securities	$	599,763	$	10,260	$	8,120	$	601,903
Securities held to maturity:
State and political subdivisions	$	262,057	$	4,661	$	78	$	266,640


		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

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	$	25,204	$	25,204
Due from one to five years		83,162		84,857
Due after five years through ten years		205,664		205,297
Due after ten years		285,733		286,545
	$	599,763	$	601,903
Debt securities held to maturity:
Due in one year or less	$	23,466	$	23,556
Due from one to five years		132,765		134,973
Due after five years through ten years		105,784		108,057
Due after ten years		42		54
	$	262,057	$	266,640

Sales And Calls Of Securities Available For Sale


		Three months ended				Six months ended
		June 30,				June 30,
		2014		2013		2014		2013
Proceeds from sales and calls	$	41,958	$	375	$	61,428	$	1,327
Gross realized gains		949		332		1,262		1,224

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
June 30, 2014
Securities available for sale:
U.S. Government agencies and government
sponsored enterprises	$	30,830	$	2	$	41,159	$	1,048	$	71,989	$	1,050
Mortgage-backed securities:
Federal National Mortgage Association		34,572		107		64,582		2,110		99,154		2,217
Federal Home Loan Mortgage Corporation		-		-		3,750		10		3,750		10
Government National Mortgage Association		5,440		54		-		-		5,440		54
Collateralized mortgage obligations:
Federal National Mortgage Association		9,010		22		37,314		1,405		46,324		1,427
Federal Home Loan Mortgage Corporation		2,619		22		83,809		3,267		86,428		3,289
Government National Mortgage Association		-		-		5,683		73		5,683		73
Total collateralized mortgage obligations		11,629		44		126,806		4,745		138,435		4,789
Total mortgage-backed securities		51,641		205		195,138		6,865		246,779		7,070
Total available for sale securities		82,471		207		236,297		7,913		318,768		8,120
Securities held to maturity:
State and political subdivisions		13,285		78		-		-		13,285		78
Total	$	95,756	$	285	$	236,297	$	7,913	$	332,053	$	8,198

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	$	407,299	$	15,246	$	50,928	$	2,818	$	458,227	$	18,064