Fair values of Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2013

Fair Values of Financial Instruments [Abstract]

Carrying amounts and fair values of the Company's financial instruments

The following presents (in thousands) the carrying amount, estimated fair value, and placement in the fair value hierarchy of the Company’s financial instruments as of March 31, 2013 and December 31, 2012.

					Fair Value Measurements
	Carrying Amount		Estimated Fair Value		Level 1 Inputs		Level 2 Inputs		Level 3 Inputs
March 31, 2013 (in thousand)
Financial assets:
Securities held-to-maturity	$	260,545	$	266,047	$	—	$	266,047	$	—
Loans (1)		1,118,010		1,155,534		—		—		1,155,534
Financial liabilities:
Time deposits		442,980		446,618		—		446,618		—
Other borrowed funds		182,144		190,725		—		190,725		—
Subordinated debentures		36,083		43,161		—		—		43,161
December 31, 2012
Financial assets:
Securities held-to-maturity		275,507		281,924		—		281,924		—
Loans (1)		1,092,591		1,124,716		—		—		1,124,716
Financial liabilities:
Time deposits		419,983		424,253		—		424,253		—
Other borrowed funds		195,144		205,481		—		205,481		—
Subordinated debentures		36,083		43,423		—		—		43,423

(1) Comprised of loans (including collateral dependent impaired loans), net of deferred loan costs and the allowance for loan losses.