SECURITIES (Tables)

12 Months Ended

Dec. 31, 2013

Investments, Debt and Equity Securities [Abstract]

Marketable Securities [Table Text Block]

The amortized cost basis and fair values of securities are as follows:

			Gross		Gross
(Dollars in thousands)	Amortized		Unrealized		Unrealized
	Cost		Gains		Losses		Fair Value
Securities available-for-sale:
December 31, 2013:
Government-sponsored collateralized mortgage obligations	$	104,390	$	86	$	(3,660)	$	100,816
Government-sponsored mortgage-backed residential		78,204		4		(3,884)		74,324
Corporate bonds		43,818		208		(328)		43,698
Asset backed-collateralized loan obligations		35,113		-		(635)		34,478
State and municipal		11,670		264		(11)		11,923
Commercial mortgage backed		4,097		-		(54)		4,043
Total	$	277,292	$	562	$	(8,572)	$	269,282
Securities available-for-sale:
December 31, 2012:
Government-sponsored collateralized mortgage obligations	$	148,460	$	2,033	$	(346)	$	150,147
Government-sponsored mortgage-backed residential		144,617		774		(502)		144,889
Corporate bonds		32,567		433		(33)		32,967
State and municipal		11,394		1,324		-		12,718
U.S. government agencies		8,284		7		(13)		8,278
Private asset backed		4,981		151		-		5,132
Total	$	350,303	$	4,722	$	(894)	$	354,131

Investments Classified by Contractual Maturity Date [Table Text Block]

The amortized cost and fair value of securities at December 31, 2013, by contractual maturity, are shown below. Securities not due at a single maturity date, primarily mortgage-backed securities, are shown separately.

	Available for Sale
	Amortized		Fair
(Dollars in thousands)	Cost		Value
Due in one year or less	$	3,060	$	3,063
Due after one year through five years		40,465		40,465
Due after five years through ten years		4,742		4,643
Due after ten years		7,221		7,450
Investment securities with no single maturity date:
Government-sponsored collateralized mortgage obligations		104,390		100,816
Government-sponsored mortgage-backed residential		78,204		74,324
Asset backed-collateralized loan obligations		35,113		34,478
Commercial mortgage backed		4,097		4,043
	$	277,292	$	269,282

Schedule of Realized Gain (Loss) [Table Text Block]

The following schedule shows the proceeds from sales of available-for-sale securities and the gross realized gains and losses on those sales:

	Year Ended December 31,
	2013		2012		2011
	(Dollars in thousands)
Proceeds	$	143,781	$	216,404	$	192,342
Gross realized gains		1,257		3,384		995
Gross realized losses		1,031		1,131		149

Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value [Table Text Block]

Securities with unrealized losses at year end 2013 and 2012 aggregated by major security type and length of time in a continuous unrealized loss position are as follows:

December 31, 2013	Less than 12 Months				12 Months or More				Total
	Fair		Unrealized		Fair		Unrealized		Fair		Unrealized
Description of Securities	Value		Loss		Value		Loss		Value		Loss
Government-sponsored collateralized mortgage obligations	$	59,168	$	(2,119)	$	20,560	$	(1,541)	$	79,728	$	(3,660)
Government-sponsored mortgage-backed residential		59,971		(2,864)		13,215		(1,020)		73,186		(3,884)
Corporate bonds		17,578		(328)		-		-		17,578		(328)
Asset backed-collateralized loan obligations		34,478		(635)		-		-		34,478		(635)
State and municipal		1,865		(11)		-		-		1,865		(11)
Commercial mortgage backed		4,043		(54)		-		-		4,043		(54)
Total temporarily impaired	$	177,103	$	(6,011)	$	33,775	$	(2,561)	$	210,878	$	(8,572)

December 31, 2012	Less than 12 Months				12 Months or More				Total
	Fair		Unrealized		Fair		Unrealized		Fair		Unrealized
Description of Securities	Value		Loss		Value		Loss		Value		Loss
Government-sponsored collateralized mortgage obligations	$	33,275	$	(346)	$	-	$	-	$	33,275	$	(346)
Government-sponsored mortgage-backed residential		82,137		(502)		-		-		82,137		(502)
Corporate bonds		5,731		(33)		-		-		5,731		(33)
U.S. government agencies		3,255		(13)		-		-		3,255		(13)
Total temporarily impaired	$	124,398	$	(894)	$	-	$	-	$	124,398	$	(894)

Schedule of Roll-forward of Credit Losses Recognized in Earnings [Table Text Block]

The table below presents a roll-forward of the credit losses recognized in earnings. During 2012, all of our trust preferred securities were either called or sold which represented the remaining balance in the OTTI roll-forward.

(Dollars in thousands)
	2012		2011
Beginning balance	$	2,078	$	1,910
Increases to the amount related to the credit loss for which other-than-temporary impairment was previously recognized		26		168
Sales/call of securities		(2,104)		-
Ending balance	$	-	$	2,078