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Investments (Tables)

9 Months Ended

Sep. 30, 2013

Investments [Abstract]

Unrealized Gain (Loss) on Investments [Table Text Block]

The following table shows a comparison of amortized cost and fair values of investment securities at September 30, 2013 and December 31, 2012:

			Gross		Gross
	Amortized		Unrealized		Unrealized		Fair		OTTI in
(in thousands)	Cost		Gains		Losses		Value		AOCI
September 30, 2013
Available for Sale:
U.S. government agencies	$	89,723	$	85	$	4,365	$	85,443	$	0
Residential mortgage-backed agencies		87,049		368		3,632		83,785		0
Commercial mortgage-backed agencies		28,174		11		904		27,281		0
Collateralized mortgage obligations		28,233		106		404		27,935		0
Obligations of states and political subdivisions		56,172		1,243		1,122		56,293		0
Collateralized debt obligations		37,043		363		21,133		16,273		13,783
Total available for sale	$	326,394	$	2,176	$	31,560	$	297,010	$	13,783
Held to Maturity:
Obligations of states and political subdivisions	$	3,900	$	234	$	598	$	3,536	$	0
December 31, 2012
Available for Sale:
U.S. government agencies	$	40,334	$	97	$	111	$	40,320	$	0
Residential mortgage-backed agencies		43,596		703		191		44,108		0
Commercial mortgage-backed agencies		37,330		288		0		37,618		0
Collateralized mortgage obligations		31,836		188		293		31,731		0
Obligations of states and political subdivisions		55,212		2,842		0		58,054		0
Collateralized debt obligations		36,798		0		25,356		11,442		16,876
Total available for sale	$	245,106	$	4,118	$	25,951	$	223,273	$	16,876
Held to Maturity:
Obligations of states and political subdivisions	$	4,040	$	542	$	235	$	4,347	$	0

Proceeds Fom Sales And Realized Gain And Losses [Table Text Block]

Proceeds from sales of securities and the realized gains and losses are as follows:

	Nine Months Ended				Three Months Ended
	September 30,				September 30,
(in thousands)	2013		2012		2013		2012
Proceeds	$	50,169	$	26,063	$	15,033	$	15,609
Realized gains		447		754		35		91
Realized losses		323		192		138		128

Gross Unrealized Losses And Fair Values Of Securities [Table Text Block]

	Less than 12 months				12 months or more
	Fair		Unrealized		Fair		Unrealized
(in thousands)	Value		Losses		Value		Losses
September 30, 2013
Available for Sale:
U.S. government agencies	$	49,309	$	3,381	$	6,416	$	983
Residential mortgage-backed agencies		76,846		3,569		1,173		64
Commercial mortgage-backed agencies		22,197		904		0		0
Collateralized mortgage obligations		18,746		391		3,209		13
Obligations of states and political subdivisions		16,057		1,122		0		0
Collateralized debt obligations		0		0		15,612		21,133
Total available for sale	$	183,155	$	9,367	$	26,410	$	22,193
Held to Maturity:
Obligations of states and political subdivisions	$	2,262	$	598	$	0	$	0

December 31, 2012
Available for Sale:
U.S. government agencies	$	18,220	$	111	$	0	$	0
Residential mortgage-backed agencies		22,407		191		0		0
Commercial mortgage-backed agencies		0		0		0		0
Collateralized mortgage obligations		16,576		293		450		0*
Obligations of states and political subdivisions		0		0		0		0
Collateralized debt obligations		0		0		11,442		25,356
Total available for sale	$	57,203	$	595	$	11,892	$	25,356
Held to Maturity:
Obligations of states and political subdivisions	$	2,765	$	235	$	0	$	0
* - De minimis

Non-Cash OTTI Credit Losses Recognized In Earnings [Table Text Block]

The following tables present a cumulative roll-forward of the amount of non-cash OTTI charges related to credit losses which have been recognized in earnings for the trust preferred securities in the CDO portfolio held and not intended to be sold for the nine- and three-month periods ended September 30, 2013 and 2012:

	Nine Months Ended September 30,
(in thousands)	2013		2012
Balance of credit-related OTTI at January 1	$	13,959	$	14,424
Additions for credit-related OTTI not previously recognized		0		0
Additional increases for credit-related OTTI previously recognized when there is no
intent to sell and no requirement to sell before recovery of amortized cost basis		0		0
Decreases for previously recognized credit-related OTTI because there was an
intent to sell		0		0
Reduction for increases in cash flows expected to be collected		(404)		(346)
Balance of credit-related OTTI at September 30	$	13,555	$	14,078

	Three Months Ended September 30,
(in thousands)	2013		2012
Balance of credit-related OTTI at July 1	$	13,695	$	14,200
Additions for credit-related OTTI not previously recognized		0		0
Additional increases for credit-related OTTI previously recognized when there is no
intent to sell and no requirement to sell before recovery of amortized cost basis		0		0
Decreases for previously recognized credit-related OTTI because there was an
intent to sell		0		0
Reduction for increases in cash flows expected to be collected		(140)		(122)
Balance of credit-related OTTI at September 30	$	13,555	$	14,078

Amortized Cost And Fair Values Classified By Contractual Maturity Date [Table Text Block]

	September 30, 2013
	Amortized		Fair
(in thousands)	Cost		Value
Contractual Maturity
Available for sale:
Due after one year through five years	$	20,041	$	20,105
Due after five years through ten years		69,285		69,095
Due after ten years		93,612		68,809
		182,938		158,009
Residential mortgage-backed agencies		87,049		83,785
Commercial mortgage-backed agencies		28,174		27,281
Collateralized mortgage obligations		28,233		27,935
	$	326,394	$	297,010
Held to Maturity:
Due after ten years	$	3,900	$	3,536

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Tabular disclosure of maturities of an entity's investments as well as any other information pertinent to the investments.

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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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Tabular disclosure of the proceeds from sales of available-for-sale securities and the gross realized gains and gross realized losses that have been included in earnings as a result of those sales.

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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).

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