Securities (Tables)

9 Months Ended

Sep. 30, 2012

Securities

Amortized cost and fair value of investments classified as available-for-sale

	(000’s)
	September 30, 2012
	Amortized Cost		Unrealized Gains		Unrealized Losses			Fair Value
U.S. Government agencies	$	1,810	$	74	$	—		$	1,884
Mortgage Backed Securities - Residential	265,685		16,834		—			282,519
Mortgage Backed Securities - Commercial	48		1		—			49
Collateralized Mortgage Obligations	162,047		3,141		(113		)	165,075
State and Municipal Obligations	188,493		13,361		(33		)	201,821
Collateralized Debt Obligations	13,106		486		(8,787		)	4,805
Equity Securities	320		33		—			353
TOTAL	$	631,509	$	33,930	$	(8,933	)	$	656,506

	(000’s)
	December 31, 2011
	Amortized		Unrealized
(Dollar amounts in thousands)	Cost		Gains		Losses			Fair Value
U.S. Government agencies	$	3,979	$	34	$	—		$	4,013
Mortgage Backed Securities-residential	296,646		15,142		—			311,788
Mortgage Backed Securities-commercial	98		3		—			101
Collateralized mortgage obligations	144,850		3,097		—			147,947
State and municipal	183,854		11,738		(11		)	195,581
Collateralized debt obligations	14,031		150		(9,410		)	4,771
Equities	1,596		490		—			2,086
TOTAL	$	645,054	$	30,654	$	(9,421	)	$	666,287

Schedule of contractual maturities of debt securities

	September 30, 2012
	Available-for-Sale
	Amortized		Fair
(Dollar amounts in thousands)	Cost		Value
Due in one year or less	$	8,880	$	8,997
Due after one but within five years	39,691		41,556
Due after five but within ten years	84,482		89,991
Due after ten years	232,403		233,041
	365,456		373,585
Mortgage-backed securities and equities	266,053		282,921
TOTAL	$	631,509	$	656,506

Schedule of gross unrealized losses and fair value, aggregated by investment category and length of time that individual securities have been in continuous unrealized loss position

	September 30, 2012
	Less Than 12 Months					More Than 12 Months							Total
			Unrealized					Unrealized					Unrealized
(Dollar amounts in thousands)	Fair Value		Losses			Fair Value		Losses			Fair Value		Losses
Collateralized Mortgage Obligations	$	35,579	$	(113	)	$	—	$	—		$	35,579	$	(113	)
State and municipal obligations	2,369		(33		)	—		—			2,369		(33		)
Collateralized Debt Obligations	—		—			3,423		(8,787		)	3,423		(8,787		)
Total temporarily impaired securities	$	37,948	$	(146	)	$	3,423	$	(8,787	)	$	41,371	$	(8,933	)

	December 31, 2011
	Less Than 12 Months					More Than 12 Months							Total
			Unrealized					Unrealized					Unrealized
(Dollar amounts in thousands)	Fair Value		Losses			Fair Value		Losses			Fair Value		Losses
State and municipal obligations	$	1,110	$	(11	)	$	—	$	—		$	1,110	$	(11	)
Collateralized Debt Obligations	—		—			3,603		(9,410		)	3,603		(9,410		)
Total temporarily impaired securities	$	1,110	$	(11	)	$	3,603	$	(9,410	)	$	4,713	$	(9,421	)

Rollforward of the credit losses recognized in earnings

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
(Dollar amounts in thousands)	2012		2011		2012			2011
Beginning balance	$	14,983	$	15,167	$	15,180		$	15,070
Amounts related to credit loss for which an other-than-temporary impairment was not previously recognized	—		—		—			—
Increases to the amount related to the credit loss for which other-than-temporary impairment was previously recognized	—		13		11			110
Amounts realized for securities sold during the period					(208		)
Ending balance	$	14,983	$	15,180	$	14,983		$	15,180