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Investments (Narrative) (Details) $ in Thousands | 3 Months Ended |
--- | --- | ---
Mar. 31, 2016 USD ($) security | Dec. 31, 2015 USD ($)
Schedule of Investments [Line Items] |  |
Available-for-sale securities, continuous unrealized loss position, 12 months or longer, unrealized losses | $ | $ 4,074 | $ 3,894
US government agencies [Member] |  |
Schedule of Investments [Line Items] |  |
Available-for-sale, securities in unrealized loss positions, qualitative disclosure, nature | U.S. Government Agencies – Available for Sale – There were no U.S. government agencies in an unrealized loss position as of March 31, 2016. |
Available-for-sale, securities in unrealized loss positions, qualitative disclosure, number of positions, less than one year | 0 |
Available-for-sale, securities in unrealized loss positions, qualitative disclosure, number of positions, greater than or equal to one year | 0 |
Available-for-sale securities, continuous unrealized loss position, 12 months or longer, unrealized losses | $ |  | 0
Held-to-maturity, Securities in Unrealized Loss Positions, Qualitative Disclosure, Nature | U.S. Government Agencies – Held to Maturity – There were no U.S. government agencies in an unrealized loss position as of March 31, 2016. |
Held-to-maturity, securities in unrealized loss positions, qualitative disclosure, number of positions | 0 |
Residential mortgage-backed agencies [Member] |  |
Schedule of Investments [Line Items] |  |
Available-for-sale, securities in unrealized loss positions, qualitative disclosure, nature | Residential Mortgage-Backed Agencies – Available for Sale - There were no residential mortgage-backed agencies in an unrealized loss position for less than 12 months as of March 31, 2016. There was one residential mortgage-backed agency security in an unrealized loss position for 12 months or more. The security is of the highest investment grade and the Corporation does not intend to sell it, and it is not more likely than not that the Corporation will be required to sell the security before recovery of its amortized cost basis, which may be at maturity. Accordingly, management does not consider this investment to be other-than-temporarily impaired at March 31, 2016 |
Available-for-sale, securities in unrealized loss positions, qualitative disclosure, number of positions, less than one year | 0 |
Available-for-sale, securities in unrealized loss positions, qualitative disclosure, number of positions, greater than or equal to one year | 1 |
Available-for-sale securities, continuous unrealized loss position, 12 months or longer, unrealized losses | $ | $ 60 | 220
Held-to-maturity, Securities in Unrealized Loss Positions, Qualitative Disclosure, Nature | Residential Mortgage-Backed Agencies – Held to Maturity - Five residential mortgage-backed agencies have been in an unrealized loss position for less than 12 months as of March 31, 2016. There was one residential mortgage-backed agency in an unrealized loss position for 12 months or more. The securities are of the highest investment grade and the Corporation has the intent and ability to hold the investments to maturity. Accordingly, management does not consider these investments to be other-than-temporarily impaired at March 31, 2016. |
Held-to-maturity, securities in unrealized loss positions less than twelve months, qualitative disclosure, number of positions | 5 |
Held-to-maturity, securities in unrealized loss positions greater than twelve months, qualitative disclosure, number of positions | 1 |
Commercial mortgage-backed agencies [Member] |  |
Schedule of Investments [Line Items] |  |
Available-for-sale, securities in unrealized loss positions, qualitative disclosure, nature | Commercial Mortgage-Backed Agencies – Available for Sale – There was one commercial mortgage-backed agency in an unrealized loss position for less than 12 months as of March 31, 2016. The security is of the highest investment grade and the Corporation does not intend to sell it, and it is not more likely than not that the Corporation will be required to sell it before recovery of its amortized cost basis, which may be at maturity. Accordingly, management does not consider these investments to be other-than-temporarily impaired at March 31, 2016. There were no commercial mortgage-backed agency securities in an unrealized loss position for 12 months or more. |
Available-for-sale, securities in unrealized loss positions, qualitative disclosure, number of positions, less than one year | 1 |
Available-for-sale, securities in unrealized loss positions, qualitative disclosure, number of positions, greater than or equal to one year | 0 |
Available-for-sale securities, continuous unrealized loss position, 12 months or longer, unrealized losses | $ | $ 0 | 0
Held-to-maturity, Securities in Unrealized Loss Positions, Qualitative Disclosure, Nature | Commercial Mortgage-Backed Agencies – Held to Maturity - There were no commercial mortgage-backed agencies in the Held to Maturity portfolio as of March 31, 2016 in a loss position. |
Held-to-maturity, securities in unrealized loss positions, qualitative disclosure, number of positions | 0 |
Collateralized mortgage obligations [Member] |  |
Schedule of Investments [Line Items] |  |
Available-for-sale, securities in unrealized loss positions, qualitative disclosure, nature | Collateralized Mortgage Obligations – Available for Sale – There were no collateralized mortgage obligations in an unrealized loss position for less than 12 months as of March 31, 2016. There was one collateralized mortgage obligations in an unrealized loss position for 12 months or more. The security is of the highest investment grade and the Corporation does not intend to sell it, and it is not more likely than not that the Corporation will be required to sell it before recovery of its amortized cost basis, which may be at maturity. Accordingly, management does not consider this investment to be other-than-temporarily impaired at March 31, 2016. |
Available-for-sale, securities in unrealized loss positions, qualitative disclosure, number of positions, less than one year | 0 |
Available-for-sale, securities in unrealized loss positions, qualitative disclosure, number of positions, greater than or equal to one year | 1 |
Available-for-sale securities, continuous unrealized loss position, 12 months or longer, unrealized losses | $ | $ 25 | 0
Held-to-maturity, Securities in Unrealized Loss Positions, Qualitative Disclosure, Nature | Collateralized Mortgage Obligations – Held to Maturity – There were no collateralized mortgage obligations in the Held to Maturity portfolio as of March 31, 2016 in a loss position. |
Held-to-maturity, securities in unrealized loss positions, qualitative disclosure, number of positions | 0 |
Obligations of states and political subdivisions [Member] |  |
Schedule of Investments [Line Items] |  |
Available-for-sale, securities in unrealized loss positions, qualitative disclosure, nature | Obligations of State and Political Subdivisions – Available for Sale – There were two obligations of state and political subdivisions that have been in an unrealized loss position for less than 12 months at March 31, 2016. There was one security that has been in an unrealized loss position for 12 months or more. These investments are of investment grade as determined by the major rating agencies and management reviews the ratings of the underlying issuers and performs an in-depth credit analysis on the securities. Management believes that this portfolio is well-diversified throughout the United States, and all bonds continue to perform according to their contractual terms. The Corporation does not intend to sell these investments and it is not more likely than not that the Corporation will be required to sell the investments before recovery of their amortized cost basis, which may be at maturity. Accordingly, management does not consider these investments to be other-than-temporarily impaired at March 31, 2016. |
Available-for-sale, securities in unrealized loss positions, qualitative disclosure, number of positions, less than one year | 2 |
Available-for-sale, securities in unrealized loss positions, qualitative disclosure, number of positions, greater than or equal to one year | 1 |
Available-for-sale securities, continuous unrealized loss position, 12 months or longer, unrealized losses | $ | $ 42 | 119
Held-to-maturity, Securities in Unrealized Loss Positions, Qualitative Disclosure, Nature | Obligations of State and Political Subdivisions – Held to Maturity – There were no obligations of state and political subdivisions in the Held to Maturity portfolio as of March 31, 2016 in a loss position. |
Held-to-maturity, securities in unrealized loss positions, qualitative disclosure, number of positions | 0 |
Collateralized debt obligations [Member] |  |
Schedule of Investments [Line Items] |  |
Available-for-sale, securities in unrealized loss positions, qualitative disclosure, nature | Collateralized Debt Obligations – Available for Sale - The $3.9 million in unrealized losses greater than 12 months at March 31, 2016 relates to four pooled trust preferred securities that are included in the CDO portfolio. There were eight pooled trust preferred securities that have been in an unrealized loss position for less than 12 months at March 31, 2016. The eight investments in an unrealized loss for less than 12 months at March 31, 2016 are being held at the Parent Company. These investments had previously been held at the Bank, but, during the fourth quarter of 2015, they were transferred to the Parent Company at their fair value. That move resulted in a loss of $3.5 million being recognized through earnings. See Note 9 for a discussion of the methodology used by management to determine the fair values of these securities. Based upon a review of credit quality and the cash flow tests performed by the independent third party, management determined that there were no securities that had credit-related non-cash OTTI charges during the first three months of 2016. The unrealized losses on the remaining securities in the portfolio are primarily attributable to continued depression in market interest rates, marketability, liquidity and the current economic environment. |
Available-for-sale, securities in unrealized loss positions, qualitative disclosure, number of positions, less than one year | 8 |
Available-for-sale, securities in unrealized loss positions, qualitative disclosure, number of positions, greater than or equal to one year | 4 |
Available-for-sale securities, continuous unrealized loss position, 12 months or longer, unrealized losses | $ | $ 3,947 | 3,555
Gain (loss) recognized through earnings as result of transfer of investments | $ |  | $ 3,500

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