Securities Available For Sale (Tables)

6 Months Ended

Jun. 30, 2014

Securities Available For Sale [Abstract]

Summary Of Securities Available For Sale


June 30, 2014				Gross		Gross
		Amortized		Unrealized		Unrealized		Estimated
Available for Sale:		Cost		Gains		Losses		Fair Value

Mortgage-backed securities:
US Government-sponsored
enterprises	$	286,494	$	6,287	$	3,595	$	289,186
US Government agency		86,475		1,389		749		87,115
Private label		4,315		834		5		5,144
Obligations of states and political
subdivisions thereof		95,237		2,670		1,548		96,359
Total	$	472,521	$	11,180	$	5,897	$	477,804



December 31, 2013				Gross		Gross
		Amortized		Unrealized		Unrealized		Estimated
Available for Sale:		Cost		Gains		Losses		Fair Value

Mortgage-backed securities:
US Government-sponsored
enterprises	$	277,838	$	4,386	$	8,592	$	273,632
US Government agency		83,153		833		2,457		81,529
Private label		5,423		825		78		6,170
Obligations of states and political
subdivisions thereof		95,221		1,121		7,503		88,839
Total	$	461,635	$	7,165	$	18,630	$	450,170

Schedule Of Maturities Distribution Of The Amortized Cost And Estimated Fair Value Of Securities Available For Sale


			Amortized			Estimated
Securities Available for Sale			Cost			Fair Value

Due one year or less	$	-	--	$	-	--
Due after one year through five years			4,251			4,360
Due after five years through ten years			15,601			16,173
Due after ten years			452,669			457,271
Total	$		472,521	$		477,804

Schedule Of OTTI Related To Historical Estimated Credit Losses On Debt Securities And Changes In Estimated Credit Losses Recognized In Pre-Tax Earnings


		2014		2013

Estimated credit losses as of March 31,	$	3,413	$	3,675
Additions for credit losses for securities on which
OTTI has been previously recognized	-	--		115
Additions for credit losses for securities on which
OTTI has not been previously recognized	-	--	-	--
Reductions for securities paid off during the period	-	--	-	--
Estimated credit losses as of June 30,	$	3,413	$	3,790

		2014		2013

Estimated credit losses as of prior year-end,	$	3,923	$	4,366
Additions for credit losses for securities on which
OTTI has been previously recognized	-	--		115
Additions for credit losses for securities on which
OTTI has not been previously recognized	-	--	-	--
Reductions for securities paid off during the period		510		691
Estimated credit losses as of June 30,	$	3,413	$	3,790

Schedule Of Fair Value Of Securities With Continuous Unrealized Losses


		Less than 12 months							12 months or longer					Total
		Estimated						Estimated					Estimated
June 30, 2014		Fair	Number of			Unrealized		Fair	Number of		Unrealized		Fair	Number of		Unrealized
		Value	Investments			Losses		Value	Investments		Losses		Value	Investments		Losses
Description of Securities:

Mortgage-backed securities:
US Government-
sponsored enterprises	$	27,684	36	$		472	$	75,106	89	$	3,123	$	102,790	125	$	3,595
US Government agency		11,138	16			151		23,718	28		598		34,856	44		749
Private label	-	--	0		-	--		156	4		5		156	4		5
Obligations of states and
political subdivisions
thereof		3,162	7			15		45,633	103		1,533		48,795	110		1,548
Total	$	41,984	59	$		638	$	144,613	224	$	5,259	$	186,597	283	$	5,897


		Less than 12 months					12 months or longer						Total
		Estimated					Estimated					Estimated
December 31, 2013		Fair	Number of		Unrealized		Fair	Number of		Unrealized		Fair	Number of		Unrealized
		Value	Investments		Losses		Value	Investments		Losses		Value	Investments		Losses
Description of Securities:

Mortgage-backed securities:
US Government-
Sponsored enterprises	$	111,169	140	$	4,801	$	40,563	40	$	3,791	$	151,732	180	$	8,592
US Government agency		36,356	47		1,982		9,156	12		475		45,512	59		2,457
Private label		826	12		61		449	7		17		1,275	19		78
Obligations of states and
political subdivisions
thereof		61,174	135		5,601		8,464	30		1,902		69,638	165		7,503
Total	$	209,525	334	$	12,445	$	58,632	89	$	6,185	$	268,157	423	$	18,630

Schedule Of Realized Gains And Losses And Other-Than-Temporary Impairment Losses On Securities


		Proceeds						Other
		from Sale of						Than
		Securities						Temporary
		Available		Realized		Realized		Impairment
		for Sale		Gains		Losses		Losses		Net
Three months ended June 30,
2014	$	11,908	$	385	$	35	$	---	$	350
2013	$	3,568	$	256	$	---	$	115	$	141

Six months ended June 30,
2014	$	22,221	$	782	$	35	$	---	$	747
2013	$	9,629	$	529	$	8	$	115	$	406

- Definition

Tabular disclosure of the amount of other than temporary impairment (OTTI) related to credit losses recognized in earnings including: (a) the beginning balance of the amount related to credit losses on debt securities held by the investor at the beginning of the period for which a portion of an OTTI was recognized in other comprehensive income; (b) additions for the amount related to the credit loss for which an OTTI was not previously recognized; (c) reductions for securities sold during the period (realized); (d) reductions for securities for which the amount previously recognized in other comprehensive income was recognized in earnings because the investor intends to sell the security or more likely than not will be required to sell the security before recovery of its amortized cost basis; (e) additional increases to the amount related to the credit loss for which an OTTI was previously recognized when the investor does not intend to sell the security and it is not more likely than not that the investor will be required to sell the security before recovery of its amortized cost basis; (f) reductions for increases in cash flows expected to be collected that are recognized over the remaining life of the security; and (g) the ending balance of the amount related to credit losses on debt securities held by the entity at the end of the period for which a portion of an OTTI was recognized in other comprehensive income.

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