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Investment Securities Held-to-Maturity (Tables)
3 Months Ended
Mar. 31, 2013
Securities Available-for-Sale and Investment Securities Held-to-Maturity [Abstract]  
Unrealized gain (losses) on securities
                                                                 
    March 31, 2013     December 31, 2012  
    Amortized
Cost
    Gross
Unrealized
Gains
    Gross
Unrealized
Losses
    Estimated
Fair
Value
    Amortized
Cost
    Gross
Unrealized
Gains
    Gross
Unrealized
Losses
    Estimated
Fair
Value
 
    (In thousands)  

U.S. Government Sponsored Enterprises

  $ 17,746     $ 20     $ —       $ 17,766     $ 17,747     $ 19     $ 8     $ 17,758  

U.S. Government Agency and Sponsored Enterprises Mortgage Backed Securities

    242,799       5,655       173       248,281       257,760       6,480       74       264,166  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total

  $ 260,545     $ 5,675     $ 173     $ 266,047     $ 275,507     $ 6,499     $ 82     $ 281,924  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
Company's securities held-to-maturity

The following table shows the maturity distribution of the Company’s securities held-to-maturity at March 31, 2013.

 

                 
    Amortized
Cost
    Fair
Value
 
    ( In thousands)  

Within one year

  $ 4,310     $ 4,361  

After one but within five years

    205,007       209,438  

After five but within ten years

    50,956       51,967  

More than ten years

    272       281  
   

 

 

   

 

 

 

Total

  $ 260,545     $ 266,047  
   

 

 

   

 

 

 
Unrealized market loss of securities

The following table shows the temporarily impaired securities of the Company’s held-to-maturity portfolio at March 31, 2013.

                                                 
    March 31, 2013  
    Less Than 12 Months     12 Months or Longer     Total  

Temporarily Impaired Investments

  Fair Value     Unrealized
Losses
    Fair Value     Unrealized
Losses
    Fair Value     Unrealized
Losses
 
    (Dollars in thousands)  

U.S. Government Sponsored Enterprises

  $ —       $ —       $ —       $ —       $ —       $ —    

U.S. Government Agency and Sponsored Enterprise Mortgage-Backed Securities

    13,299       127       5,419       46       18,718       173  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total temporarily impaired securities

  $ 13,299     $ 127     $ 5,419     $ 46     $ 18,718     $ 173  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

The following table shows the temporarily impaired securities of the Company’s held-to-maturity portfolio at December 31, 2012.

                                                 
    December 31, 2012  
    Less Than 12 Months     12 Months or Longer     Total  

Temporarily Impaired Investments

  Fair Value     Unrealized
Losses
    Fair Value     Unrealized
Losses
    Fair Value     Unrealized
Losses
 
    ( In thousands)  

U.S. Government Sponsored Enterprises

  $ 9,994     $ 8     $ —       $ —       $ 9,994     $ 8  

U.S. Government Agency and Sponsored Enterprise Mortgage-Backed Securities

    8,936       50       5,371       24       14,307       74  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total temporarily impaired securities

  $ 18,930     $ 58     $ 5,371     $ 24     $ 24,301     $ 82