Income Taxes (Tables)

12 Months Ended

Dec. 31, 2012

Income Tax Disclosure [Abstract]

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

The components of income tax expense (benefit) are as follows:

	For the Years Ended December 31,
(In thousands)	2012		2011		2010
Current:
Federal	$	6,195	$	5,372	$	5,435
State		718		980		920
Deferred:
Federal		933		1,983		1,178
State		41		162		90
Total income tax expense	$	7,887	$	8,497	$	7,623

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

A reconciliation of expected income tax expense (benefit), computed by applying the effective federal statutory rate of 35% for each of 2012, 2011 and 2010 to income before income tax expense, to reported income tax expense is as follows:

	For the Years Ended December 31,
(In thousands)	2012			2011			2010
Expected income tax expense	$	10,917		$	11,027		$	9,777
(Reductions) increases resulting from:
Tax-exempt income		(3,633	)		(3,760	)		(3,273	)
State taxes, net of federal benefit		493			742			657
Other, net		110			488			462
Total income tax expense	$	7,887		$	8,497		$	7,623

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

The tax effects of temporary differences which give rise to significant portions of the deferred tax assets and deferred tax liabilities are presented below:

	December 31,
(In thousands)	2012			2011
Deferred tax assets:
Allowance for loan losses	$	4,599		$	4,912
ASC 715 pension funding liability		11,744			9,679
Net operating loss carryforward1		341			384
Stock compensation		139			834
Supplemental executive retirement plan accrual		829			634
Other		488			454
Total deferred tax assets	$	18,140		$	16,897
Deferred tax liabilities:
Premises and equipment		(863	)		(440	)
Pension		(6,081	)		(7,327	)
Intangible/assets		(867	)		(752	)
Unrealized gain on investment in securities available-for-sale		(6,947	)		(6,922	)
Other		(298	)		(315	)
Total deferred tax liabilities	$	(15,056	)	$	(15,756	)
Net deferred tax assets	$	3,084		$	1,141

¹ As of December 31, 2012, the Company had approximately $975,000 of net operating loss carry forwards as a result of the acquisition of Franklin Bancorp. The utilization of the net operating loss carry forward is subject to Section 382 of the Internal Revenue Code and limits the Company’s use to approximately $122,000 per year during the carry forward period, which expires in 2020.

Schedule of Unrecognized Tax Benefits Roll Forward [Table Text Block]

The reconciliation of the beginning unrecognized tax benefits balance to the ending balance is presented in the following table:

(In thousands)	2012			2011			2010
Balance at January 1	$	2,069		$	1,877		$	1,750
Changes in unrecognized tax benefits as a result of tax
positions taken during a prior year		(140	)		287			560
Changes in unrecognized tax benefits as a result of tax
position taken during the current year		419			475			555
Decreases in unrecognized tax benefits relating to
settlements with taxing authorities		—			—			(466	)
Reductions to unrecognized tax benefits as a result of a
lapse of the applicable statute of limitations		(463	)		(570	)		(522	)
Balance at December 31	$	1,885		$	2,069		$	1,877