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Cash Value of Life Insurance (Tables)
9 Months Ended
Sep. 30, 2012
Cash Value of Life Insurance [Abstract]  
Summary of the activity in the balance of cash value of life insurance

A summary of the activity in the balance of cash value of life insurance follows (in thousands):

 

                 
    Nine months ended September 30,  
    2012     2011  

Beginning balance

  $ 50,403     $ 50,541  

Increase in cash value of life insurance

    1,350       1,350  

Gain on life insurance death benefit

    600       —    

Death benefit

    (1,611     —    
   

 

 

   

 

 

 

Ending balance

  $ 50,742     $ 51,891  
   

 

 

   

 

 

 

End of period death benefit

  $ 95,132     $ 95,780  

Number of policies owned

    136       140  

Insurance companies used

    6       6  

Current and former employees and directors covered

    37       39