Securities (Tables)

9 Months Ended

Sep. 30, 2013

Investments Debt And Equity Securities [Abstract]

Components of Available for Sale Portfolio

Components of the available for sale portfolio are as follows:

	September 30, 2013
	(Dollars in thousands)
	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Fair Value
Available for Sale
U.S. Treasury and government sponsored entities’ securities	$	250,268	$	1	$	(20,506	)	$	229,763
Equity securities		101		295		—			396
Mortgage-backed GSE securities: residential		322,395		651		(10,394	)		312,652
Total	$	572,764	$	947	$	(30,900	)	$	542,811
	December 31, 2012
	(Dollars in thousands)
	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Fair Value
Available for Sale
U.S. Treasury and government sponsored entities’ securities	$	161,845	$	2,409	$	(562	)	$	163,692
Equity securities		101		212		—			313
Mortgage-backed GSE securities: residential		404,563		6,142		(148	)		410,557
Total	$	566,509	$	8,763	$	(710	)	$	574,562

Debt Securities Available for Sale by Contractual Maturity

Debt securities available for sale by contractual maturity, repricing or expected call date are shown below:

	September 30, 2013
	(Dollars in thousands)
	Amortized		Fair
	Cost		Value
Due in one year or less	$	—	$	—
Due after one year through five years		500		501
Due after five years through ten years		161,153		149,827
Due after ten years through fifteen years		88,615		79,435
Mortgage-related securities		322,394		312,652
Total	$	572,662	$	542,415

Securities Available for Sale in Unrealized Loss Position

Securities available for sale in an unrealized loss position are as follows:

	September 30, 2013
	(Dollars in thousands)
	Less Than 12 Months					12 Months or More					Total
	Fair Value		Unrealized Loss			Fair Value		Unrealized Loss			Fair Value		Unrealized Loss
U.S. Treasury and government sponsored entities’ securities	$	229,262	$	(20,506	)	$	—	$	—		$	229,262	$	(20,506	)
Mortgage-related securities		264,019		(10,136	)		8,704		(257	)		272,723		(10,393	)
Total	$	493,281	$	(30,642	)	$	8,704	$	(257	)	$	501,985	$	(30,899	)

	December 31, 2012
	(Dollars in thousands)
	Less Than 12 Months					12 Months or More				Total
	Fair Value		Unrealized Loss			Fair Value		Unrealized Loss		Fair Value		Unrealized Loss
U.S. Treasury and government sponsored entities’ securities	$	42,480	$	(562	)	$	—	$	—	$	42,480	$	(562	)
Mortgage-related securities		72,020		(148	)		—		—		72,020		(148	)
Total	$	114,500	$	(710	)	$	—	$	—	$	114,500	$	(710	)