Securities Available for Sale (Tables)
|
12 Months Ended |
Dec. 31, 2012
|
Securities Available for Sale [Abstract] |
|
Amortized cost, gross unrealized gains and losses, and estimated fair values of investment securities |
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Amortized Cost |
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Gross Unrealized |
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Estimated Fair Value |
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Gains |
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(Losses) |
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December 31, 2012
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|
|
|
|
|
|
U.S. government and agency securities
|
|
$ |
2,581 |
|
|
$ |
268 |
|
|
$ |
— |
|
|
$ |
2,849 |
|
Obligations of states and political subdivisions
|
|
|
214,980 |
|
|
|
15,123 |
|
|
|
(325 |
) |
|
|
229,778 |
|
Corporate and other bonds
|
|
|
7,353 |
|
|
|
173 |
|
|
|
(314 |
) |
|
|
7,212 |
|
Mortgage-backed securities
|
|
|
335,327 |
|
|
|
7,383 |
|
|
|
(536 |
) |
|
|
342,174 |
|
Other securities
|
|
|
3,277 |
|
|
|
92 |
|
|
|
— |
|
|
|
3,369 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ |
563,518 |
|
|
$ |
23,039 |
|
|
$ |
(1,175 |
) |
|
$ |
585,382 |
|
|
|
|
|
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December 31, 2011
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
U.S. government and agency securities
|
|
$ |
3,933 |
|
|
$ |
351 |
|
|
$ |
— |
|
|
$ |
4,284 |
|
Obligations of states and political subdivisions
|
|
|
189,117 |
|
|
|
11,337 |
|
|
|
(247 |
) |
|
|
200,207 |
|
Corporate and other bonds
|
|
|
12,839 |
|
|
|
188 |
|
|
|
(787 |
) |
|
|
12,240 |
|
Mortgage-backed securities
|
|
|
390,329 |
|
|
|
10,434 |
|
|
|
(445 |
) |
|
|
400,318 |
|
Other securities
|
|
|
3,044 |
|
|
|
77 |
|
|
|
(4 |
) |
|
|
3,117 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total securities
|
|
$ |
599,262 |
|
|
$ |
22,387 |
|
|
$ |
(1,483 |
) |
|
$ |
620,166 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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Schedule of amortized cost and estimated fair value of securities |
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|
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|
December 31, 2012 |
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|
December 31, 2011 |
|
|
|
Amortized Cost |
|
|
Estimated Fair Value |
|
|
Amortized Cost |
|
|
Estimated Fair Value |
|
Due in one year or less
|
|
$ |
2,346 |
|
|
$ |
2,372 |
|
|
$ |
6,046 |
|
|
$ |
6,098 |
|
Due after one year through five years
|
|
|
16,413 |
|
|
|
17,016 |
|
|
|
18,771 |
|
|
|
19,408 |
|
Due after five years through ten years
|
|
|
69,164 |
|
|
|
73,501 |
|
|
|
76,044 |
|
|
|
80,214 |
|
Due after ten years
|
|
|
472,318 |
|
|
|
489,124 |
|
|
|
495,357 |
|
|
|
511,329 |
|
Other securities
|
|
|
3,277 |
|
|
|
3,369 |
|
|
|
3,044 |
|
|
|
3,117 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total securities available for sale
|
|
$ |
563,518 |
|
|
$ |
585,382 |
|
|
$ |
599,262 |
|
|
$ |
620,166 |
|
|
|
|
|
|
|
|
|
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|
|
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Schedule of other-than-temporary impairment |
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OTTI Losses |
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Cumulative credit losses on investment securities, through December 31, 2011
|
|
$ |
400 |
|
Cumulative credit losses on investment securities
|
|
|
— |
|
Additions for credit losses not previously regognized
|
|
|
— |
|
|
|
|
|
|
Cumulative credit losses on investment securities, through December 31, 2012
|
|
$ |
400 |
|
|
|
|
|
|
|
Schedule of gross unrealized losses and fair value of investments |
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|
|
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|
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|
|
|
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|
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|
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Less than 12 months |
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More than 12 months |
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Total |
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Fair value |
|
|
Unrealized Losses |
|
|
Fair value |
|
|
Unrealized Losses |
|
|
Fair value |
|
|
Unrealized Losses |
|
December 31, 2012
|
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|
|
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|
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|
|
|
|
|
|
|
|
|
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|
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|
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Obligations of states and political subdivisions
|
|
$ |
22,397 |
|
|
$ |
(283 |
) |
|
$ |
649 |
|
|
$ |
(42 |
) |
|
$ |
23,046 |
|
|
$ |
(325 |
) |
Mortgage-backed securities
|
|
|
86,183 |
|
|
|
(536 |
) |
|
|
— |
|
|
|
— |
|
|
|
86,183 |
|
|
|
(536 |
) |
Corporate bonds and other securities
|
|
|
— |
|
|
|
— |
|
|
|
1,555 |
|
|
|
(314 |
) |
|
|
1,555 |
|
|
|
(314 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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|
Totals
|
|
$ |
108,580 |
|
|
$ |
(819 |
) |
|
$ |
2,204 |
|
|
$ |
(356 |
) |
|
$ |
110,784 |
|
|
$ |
(1,175 |
) |
|
|
|
|
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December 31, 2011
|
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|
|
|
|
|
|
|
|
|
|
|
Obligations of states and political subdivisions
|
|
$ |
5,429 |
|
|
$ |
(152 |
) |
|
$ |
1,090 |
|
|
$ |
(95 |
) |
|
$ |
6,519 |
|
|
$ |
(247 |
) |
Mortgage-backed securities
|
|
|
97,203 |
|
|
|
(445 |
) |
|
|
— |
|
|
|
— |
|
|
|
97,203 |
|
|
|
(445 |
) |
Corporate bonds and other securities
|
|
|
2,342 |
|
|
|
(165 |
) |
|
|
3,790 |
|
|
|
(626 |
) |
|
|
6,132 |
|
|
|
(791 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Totals
|
|
$ |
104,974 |
|
|
$ |
(762 |
) |
|
$ |
4,880 |
|
|
$ |
(721 |
) |
|
$ |
109,854 |
|
|
$ |
(1,483 |
) |
|
|
|
|
|
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