XML 75 R26.htm IDEA: XBRL DOCUMENT v3.2.0.727
Investment Securities (Tables)
6 Months Ended
Jun. 30, 2015
Schedule of Held-to-maturity Securities [Line Items]  
Analysis of Amortized Cost and Estimated Fair Value of Securities Available for Sale
Below is an analysis of the amortized cost and estimated fair values of securities available for sale at:
 
June 30, 2015
 
December 31, 2014
 
Amortized
Cost
 
Gross
Unrealized
Gains
 
Gross
Unrealized
Losses
 
Estimated
Fair Value
 
Amortized
Cost
 
Gross
Unrealized
Gains
 
Gross
Unrealized
Losses
 
Estimated
Fair Value
 
(dollars in thousands)
Obligations of U.S. Government Agencies:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Mortgage-Backed Securities – Residential
$
21,846

 
$
2,516

 
$
(24
)
 
$
24,338

 
$
23,344

 
$
2,595

 
$
(3
)
 
$
25,936

Obligations of U.S. Government-Sponsored Enterprises:
 
 
 
 
 
 

 
 
 
 
 
 
 

Mortgage-Backed Securities – Residential
860,816

 
10,799

 
(8,715
)
 
862,900

 
947,635

 
13,076

 
(9,830
)
 
950,881

Mortgage-Backed Securities – Commercial
58

 
1

 

 
59

 
72

 
2

 

 
74

Other Government-Sponsored Enterprises
135,852

 
5

 
(228
)
 
135,629

 
269,181

 
4

 
(1,308
)
 
267,877

Obligations of States and Political Subdivisions
27,062

 
176

 
(173
)
 
27,065

 
27,058

 
362

 
(43
)
 
27,377

Corporate Securities
1,892

 
401

 

 
2,293

 
6,682

 
573

 

 
7,255

Pooled Trust Preferred Collateralized Debt Obligations
41,745

 
1,055

 
(7,279
)
 
35,521

 
41,926

 
309

 
(13,236
)
 
28,999

Total Debt Securities
1,089,271

 
14,953

 
(16,419
)
 
1,087,805

 
1,315,898

 
16,921

 
(24,420
)
 
1,308,399

Equities
1,920

 

 

 
1,920

 
1,420

 

 

 
1,420

Total Securities Available for Sale
$
1,091,191

 
$
14,953

 
$
(16,419
)
 
$
1,089,725

 
$
1,317,318

 
$
16,921

 
$
(24,420
)
 
$
1,309,819

Amortized Cost and Estimated Fair Value of Debt Securities Available for Sale
The amortized cost and estimated fair value of debt securities available for sale at June 30, 2015, by contractual maturity, are shown below.
 
Amortized
Cost
 
Estimated
Fair Value
 
(dollars in thousands)
Due within 1 year
$
3,000

 
$
2,999

Due after 1 but within 5 years
132,852

 
132,629

Due after 5 but within 10 years
25,655

 
25,676

Due after 10 years
45,044

 
39,204

 
206,551

 
200,508

Mortgage-Backed Securities (a)
882,720

 
887,297

Total Debt Securities
$
1,089,271

 
$
1,087,805

 
(a)
Mortgage Backed Securities include an amortized cost of $21.8 million and a fair value of $24.3 million for Obligations of U.S.
Proceeds from Sale, Gross Gains (Losses) Realized on Sales, Maturities and Other-Than-Temporary Impairment Charges Related to Securities Available for Sale
Proceeds from sales, gross gains (losses) realized on sales, maturities and other-than-temporary impairment charges related to securities available for sale were as follows for the six months ended June 30:
 
2015
 
2014
 
(dollars in thousands)
Proceeds from sales
$

 
$

Gross gains (losses) realized:
 
 
 
Sales Transactions:
 
 
 
Gross gains
$
105

 
$

Gross losses

 

 
105

 

Maturities and impairment
 
 
 
Gross gains
20

 
2

Gross losses

 

Other-than-temporary impairment

 

 
20

 
2

Net gains and impairment
$
125

 
$
2