XML 24 R25.htm IDEA: XBRL DOCUMENT v3.3.0.814
Investment Securities (Tables)
 9 Months Ended
Sep. 30, 2015
Investments Debt And Equity Securities Abstract  
Schedule of amortized cost and fair value of debt securities classified as available-for-sale
          Gross     Gross        
    Amortized     Unrealized     Unrealized        
(in thousands)   Cost     Gains     Losses     Fair value  
September 30, 2015                                
Government sponsored enterprises   $ 87,618     $ 444     $ 12       88,050  
Asset-backed securities     122,348       1,046       668       122,726  
Obligations of states and political subdivisions     32,935       555       16       33,474  
Total available-for-sale securities   $ 242,901     $ 2,045     $ 696     $ 244,250  
                                 
December 31, 2014                                
Government sponsored enterprises   $ 57,002     $ 240     $ 143       57,099  
Asset-backed securities     106,726       855       1,119       106,462  
Obligations of states and political subdivisions     34,925       583       71       35,437  
Total available-for-sale securities   $ 198,653     $ 1,678     $ 1,333     $ 198,998  
Schedule of amortized cost and fair value of debt securities classified as available-for-sale by contractual maturity
    Amortized     Fair  
(in thousands)   Cost     Value  
Due in one year or less   $ 29,157     $ 29,204  
Due after one year through five years     77,519       78,157  
Due after five years through ten years     13,043       13,332  
Due after ten years     834       831  
Total     120,553       121,524  
Asset-backed securities     122,348       122,726  
Total available-for-sale securities   $ 242,901     $ 244,250  
Schedule of gross unrealized losses on debt securities and fair value of related securities aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position
    Less than 12 months     12 months or more     Total     Total  
    Fair     Unrealized     Fair     Unrealized     Fair     Unrealized  
(in thousands)   Value     Losses     Value     Losses     Value     Losses  
At September 30, 2015                                                
Government sponsored enterprises   $ 17,015     $ (12 )   $ 0     $ 0     $ 17,015     $ (12 )
Asset-backed securities     25,801       (136 )     35,885       (532 )     61,686       (668 )
Obligations of states and political subdivisions     2,125       (14 )     501       (2 )     2,626       (16 )
Total   $ 44,941     $ (162 )   $ 36,386     $ (534 )   $ 81,327     $ (696 )
                                                 
(in thousands)                                                
At December 31, 2014                                                
Government sponsored enterprises   $ 2,983     $ (4 )   $ 17,862     $ (139 )   $ 20,845     $ (143 )
Asset-backed securities     10,314       (50 )     45,445       (1,069 )     55,759       (1,119 )
Obligations of states and political subdivisions     3,667       (15 )     1,942       (56 )     5,609       (71 )
Total   $ 16,964     $ (69 )   $ 65,249     $ (1,264 )   $ 82,213     $ (1,333 )
schedule of components of investment securities gains and losses
    Three Months Ended  September 30,     Nine Months Ended September 30,  
(in thousands)   2015     2014     2015     2014  
Gains realized on sales   $ 0     $ 0     $ 8     $ 0  
Losses realized on sales     0       0       0       0  
Other-than-temporary impairment recognized     0       0       0       0  
Investment securities gains   $ 0     $ 0     $ 8     $ 0