Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2013

Financial Instruments [Abstract]

Carrying amount and fair value of the Company's financial instruments

March 31, 2013
(Dollar amounts in thousands)	Carrying amount		Quoted Prices in Active Markets for Identical Assets or  Liabilities (Level I)		Significant Other Observable Inputs (Level II)		Significant Unobservable Inputs (Level III)		Total Fair Value
Financial Assets:
Cash and Cash Equivalents	$	15,142	$	15,142	$	—	$	—	$	15,142
Securities		1,086,629		1,991		1,048,285		36,353		1,086,629
Securities Receivable		1,909		1,909		—		—		1,909
Loans receivable and held for sale		681,273		—		—		712,597		712,597
Accrued Interest Receivable		7,943		7,943		—		—		7,943
FHLB Stock		15,581		15,581		—		—		15,581
Bank owned life insurance		30,181		30,181		—		—		30,181
Interest rate cap contracts		157		—		157		—		157
Financial Liabilities:
Deposits		1,206,843		582,316		—		633,530		1,215,846
Borrowed funds		448,231		—		198,009		273,511		471,520
Junior subordinated notes		36,083		—		21,650		—		21,650
Advance payments by borrowers for taxes and insurance		2,650		2,650		—		—		2,650
Accrued interest payable		1,947		1,947		—		—		1,947
Interest rate swap contracts		5,387		—		5,387		—		5,387

December 31, 2012
(Dollar amounts in thousands)	Carrying amount		Quoted Prices in Active Markets for Identical Assets or Liabilities (Level I)		Significant Other Observable Inputs (Level II)		Significant Unobservable Inputs (Level III)		Total Fair Value
Financial Assets:
Cash and Cash Equivalents	$	15,064	$	15,064	$	—	$	—	$	15,064
Securities		1,110,776		1,818		1,092,224		35,789		1,129,831
Securities Receivable		1,277		1,277		—		—		1,277
Loans receivable and held for sale		672,086		—		—		679,819		679,819
Accrued Interest Receivable		8,068		8,068		—		—		8,068
FHLB Stock		15,077		15,077		—		—		15,077
Bank owned life insurance		30,025		30,025		—		—		30,025
Interest rate cap contracts		90		—		532		—		532
Financial Liabilities:
Deposits		1,178,057		546,298		—		1,168,438		1,714,736
Borrowed funds		484,556		—		263,288		331,588		594,876
Junior subordinated notes		46,393		—		20,361		—		20,361
Advance payments by borrowers for taxes and insurance		2,619		2,619		—		—		2,619
Accrued interest payable		1,344		1,344		—		—		1,344
Interest rate swap contracts		5,743		—		5,531		—		5,531