Note 4 - Debt and Equity Securities (Tables)

6 Months Ended

Jun. 30, 2013

Note 4 - Debt and Equity Securities (Tables) [Line Items]

Schedule of Available-for-sale Securities Reconciliation [Table Text Block]

	Amortized Cost		Fair Value		Gross Unrealized Gains		Gross Unrealized Losses
	(In thousands)
Corporate	$	128,480	$	131,665	$	3,890	$	705
Municipals		94,859		90,607		-		4,252
Mutual funds		21,496		21,496		-		-
Other		17,858		14,567		-		3,291
Total other securities		262,693		258,335		3,890		8,248
REMIC and CMO		521,549		525,094		11,091		7,546
GNMA		44,266		46,484		2,569		351
FNMA		198,488		195,866		2,742		5,364
FHLMC		14,838		14,944		239		133
Total mortgage-backed securities		779,141		782,388		16,641		13,394
Total securities available for sale	$	1,041,834	$	1,040,723	$	20,531	$	21,642

	Amortized Cost		Fair Value		Gross Unrealized Gains		Gross Unrealized Losses
	(In thousands)
U.S. government agencies	$	31,409	$	31,513	$	104	$	-
Corporate		83,389		87,485		4,096		-
Municipals		74,228		75,297		1,152		83
Mutual funds		21,843		21,843		-		-
Other		17,797		13,315		17		4,499
Total other securities		228,666		229,453		5,369		4,582
REMIC and CMO		453,468		474,050		23,690		3,108
GNMA		43,211		46,932		3,721		-
FNMA		168,040		175,929		7,971		82
FHLMC		22,562		23,202		640		-
Total mortgage-backed securities		687,281		720,113		36,022		3,190
Total securities available for sale	$	915,947	$	949,566	$	41,391	$	7,772

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

	Total				Less than 12 months				12 months or more
	Fair Value		Unrealized Losses		Fair Value		Unrealized Losses		Fair Value		Unrealized Losses
	(In thousands)
Corporate	$	43,834	$	705	$	43,834	$	705	$	-	$	-
Municipals		81,280		4,252		81,280		4,252		-		-
Other		6,271		3,291		-		-		6,271		3,291
Total other securities		131,385		8,248		125,114		4,957		6,271		3,291
REMIC and CMO		225,023		7,546		205,880		6,090		19,143		1,456
GNMA		9,801		351		9,801		351		-		-
FNMA		106,512		5,364		106,512		5,364		-		-
FHLMC		8,055		133		8,055		133		-		-
Total mortgage-backed securities		349,391		13,394		330,248		11,938		19,143		1,456
Total securities available for sale	$	480,776	$	21,642	$	455,362	$	16,895	$	25,414	$	4,747

	Total				Less than 12 months				12 months or more
	Fair Value		Unrealized Losses		Fair Value		Unrealized Losses		Fair Value		Unrealized Losses
	(In thousands)
Municipals	$	9,782	$	83	$	9,782	$	83	$	-	$	-
Other		5,064		4,499		-		-		5,064		4,499
Total other securities		14,846		4,582		9,782		83		5,064		4,499
REMIC and CMO		64,126		3,108		40,651		155		23,475		2,953
FNMA		10,331		82		10,331		82		-		-
Total mortgage-backed securities		74,457		3,190		50,982		237		23,475		2,953
Total securities available for sale	$	89,303	$	7,772	$	60,764	$	320	$	28,539	$	7,452

Schedule of Unrealized Loss on Investments [Table Text Block]

(in thousands)	Amortized Cost		Fair Value		Gross Unrealized Losses Recorded In AOCI		Cumulative Credit OTTI Losses
Private issued CMO's (1)	$	24,120	$	22,929	$	1,191	$	2,455
Trust preferred securities (1)		9,262		5,980		3,282		3,738
Total	$	33,382	$	28,909	$	4,473	$	6,193

Other than Temporary Impairment, Credit Losses Recognized in Earnings [Table Text Block]

(in thousands)	For the six months ended June 30, 2013
Beginning balance	$	6,178
Recognition of actual losses		(488	)
OTTI charges due to credit loss recorded in earnings		503
Securities sold during the period		-
Securities where there is an intent to sell or requirement to sell		-
Ending balance	$	6,193

Investments Classified by Contractual Maturity Date [Table Text Block]

	Amortized Cost		Fair Value
	(In thousands)
Due in one year or less	$	22,496	$	22,496
Due after one year through five years		61,372		63,898
Due after five years through ten years		57,855		57,612
Due after ten years		120,970		114,329
Total other securities		262,693		258,335
Mortgage-backed securities		779,141		782,388
Total securities available for sale	$	1,041,834	$	1,040,723

Collateralized Mortgage Obligations [Member]

Note 4 - Debt and Equity Securities (Tables) [Line Items]

Available-for-sale Securities [Table Text Block]

	Amortized		Fair		Outstanding		Cumulative OTTI Charges		Year of		Current Lowest	Collateral Located in:							Average FICO
Security	Cost		Value		Principal		Recorded		Issuance	Maturity	Rating	CA	FL	VA	NY	NJ	TX	CO	Score
	(Dollars in thousands)
1	$	9,027	$	9,084	$	10,037	$	3,705	2006	05/25/36	D	40%			16%					717
2		3,613		3,134		3,854		931	2006	08/19/36	D	54%						11%		738
3		4,301		3,964		4,661		1,108	2006	08/25/36	D	35%	15%							711
4		3,129		3,169		3,705		843	2006	08/25/36	D	42%	14%		12%		10%			723
5		4,051		3,579		4,327		222	2006	05/25/36	CC	21%		23%	12%	13%				709
Total	$	24,121	$	22,930	$	26,584	$	6,809

Trust Preferred Securities [Member]

Note 4 - Debt and Equity Securities (Tables) [Line Items]

Available-for-sale Securities [Table Text Block]

									Deferrals/Defaults (1)
Issuer Type	Class	Performing Banks	Amortized Cost		Fair Value		Cumulative Credit Related OTTI		Actual as a Percentage of Original Security	Expected Percentage of Performing Collateral	Current Lowest Rating
			(Dollars in thousands)
Single issuer	n/a	1	$	300	$	291	$	-	None	None	BB-
Pooled issuer	B1	17		5,617		3,280		2,196	24.8%	0.0%	C
Pooled issuer	C1	16		3,645		2,700		1,542	21.3%	0.0%	C
Total			$	9,562	$	6,271	$	3,738