SECURITIES (Tables)

6 Months Ended

Jun. 30, 2015

Components of Available for Sale Portfolio

Components of the available for sale portfolio are as follows:

	June 30, 2015
			Gross		Gross
	Amortized		unrealized		unrealized			Fair
	cost		gains		losses			value
	(Dollars in thousands)
Available for Sale
U.S. Treasury and government sponsored entities' securities	$	226,539	$	125	$	(5,569	)	$	221,095
Mortgage-backed GSE securities: residential		256,221		93		(4,437	)		251,877
Total	$	482,760	$	218	$	(10,006	)	$	472,972

	December 31, 2014
			Gross		Gross
	Amortized		unrealized		unrealized			Fair
	cost		gains		losses			value
	(Dollars in thousands)
Available for Sale
U.S. Treasury and government sponsored entities' securities	$	232,225	$	184	$	(4,452	)	$	227,957
Mortgage-backed GSE securities: residential		274,204		331		(2,702	)		271,833
Total	$	506,429	$	515	$	(7,154	)	$	499,790

Components of Held to Maturity Securities Portfolio

Components of held to maturity securities portfolio are as follows:

	June 30, 2015
			Gross		Gross
	Amortized		unrecognized		unrecognized			Fair
	cost		gains		losses			value
	(Dollars in thousands)
Held to maturity
States of the U.S. and political subdivisions	$	4,775	$	—	$	(96	)	$	4,679
Total	$	4,775	$	—	$	(96	)	$	4,679

Available For Sale Securities [Member]

Debt Securities by Contractual Maturity

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

	June 30, 2015
	Amortized cost		Fair value
	(Dollars in thousands)
Due in one year or less	$	—	$	—
Due after one year through five years		—		—
Due after five years through ten years		199,219		194,901
Due after ten years		27,320		26,194
Mortgage-backed GSE securities: residential		256,221		251,877
Total	$	482,760	$	472,972

Securities Available for Sale and Held to Maturity in Unrealized Loss Position

Securities available for sale that have been in an unrealized loss position for less than twelve months or twelve months or more are as follows:

	June 30, 2015
	Less than 12 months					12 months or more					Total
	Fair		Unrealized loss			Fair		Unrealized loss			Fair		Unrealizedloss
	value		Loss			value		Loss			value		Loss
	(Dollars in thousands)
Description of securities:
U.S. Treasury and government sponsored entities	$	153,352	$	(3,434	)	$	54,383	$	(2,135	)	$	207,735	$	(5,569	)
Mortgage-backed GSE securities: residential		121,603		(1,280	)		103,555		(3,157	)		225,158		(4,437	)
Total temporarily impaired securities	$	274,955	$	(4,714	)	$	157,938	$	(5,292	)	$	432,893	$	(10,006	)

	December 31, 2014
	Less than 12 months					12 months or more					Total
	Fair		Unrealized loss			Fair		Unrealized loss			Fair		Unrealized loss
	value		Loss			value		Loss			value		Loss
	(Dollars in thousands)
Description of securities:
U.S. Treasury and government sponsored entities	$	—	$	—		$	214,495	$	(4,452	)	$	214,495	$	(4,452	)
Mortgage-backed GSE securities: residential		4,625		(40	)		193,434		(2,662	)		198,059		(2,702	)
Total temporarily impaired securities	$	4,625	$	(40	)	$	407,929	$	(7,114	)	$	412,554	$	(7,154	)

Held To Maturity Securities [Member]

Debt Securities by Contractual Maturity

Debt securities held to maturity by contractual maturity, repricing or expected call date are shown below:

	June 30, 2015
	Amortized cost		Fair value
	(Dollars in thousands)
Due in one year or less	$	—	$	—
Due after one year through five years		—		—
Due after five years through ten years		570		561
Due after ten years		4,205		4,118
Mortgage-backed GSE securities: residential	$	—	$	—
Total	$	4,775	$	4,679

Securities Available for Sale and Held to Maturity in Unrealized Loss Position

Securities held to maturity that have been in an unrealized loss position for less than twelve months or twelve months or more are as follows:

	June 30, 2015
	Less than 12 months					12 months or more				Total
	Fair		Unrealized loss			Fair		Unrealized loss		Fair		Unrealized loss
	value		Loss			value		Loss		value		Loss
	(Dollars in thousands)
Description of securities:
States of the U.S. and political subdivisions	$	4,679	$	(96	)	$	—	$	—	$	4,679	$	(96	)
Total temporarily impaired securities	$	4,679	$	(96	)	$	—	$	—	$	4,679	$	(96	)