Note 4 - Debt and Equity Securities (Tables)

9 Months Ended

Sep. 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	$	122,883	$	125,922	$	3,982	$	943
Municipals		116,105		112,164		213		4,154
Mutual funds		21,631		21,631		-		-
Other		17,422		13,627		-		3,795
Total other securities		278,041		273,344		4,195		8,892
REMIC and CMO		524,071		525,819		10,464		8,716
GNMA		41,334		43,431		2,458		361
FNMA		204,573		201,909		3,089		5,753
FHLMC		13,899		14,051		272		120
Total mortgage-backed securities		783,877		785,210		16,283		14,950
Total securities available for sale	$	1,061,918	$	1,058,554	$	20,478	$	23,842

	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	$	39,057	$	943	$	39,057	$	943	$	-	$	-
Municipals		83,204		4,154		83,204		4,154		-		-
Other		5,767		3,795		-		-		5,767		3,795
Total other securities		128,028		8,892		122,261		5,097		5,767		3,795
REMIC and CMO		244,699		8,716		226,568		7,669		18,131		1,047
GNMA		9,524		361		9,524		361		-		-
FNMA		104,550		5,753		104,550		5,753		-		-
FHLMC		7,786		120		7,786		120		-		-
Total mortgage-backed securities		366,559		14,950		348,428		13,903		18,131		1,047
Total securities available for sale	$	494,587	$	23,842	$	470,689	$	19,000	$	23,898	$	4,842

	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)	$	21,665	$	20,194	$	1,471	$	3,185
Trust preferred securities (1)		9,262		5,480		3,782		3,738
Total	$	30,927	$	25,674	$	5,253	$	6,923

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

	For the three months ended  September 30,						For the nine months ended  September 30,
(in thousands)	2013			2012			2013			2012
Beginning balance	$	6,193		$	6,938		$	6,178		$	6,922
Recognition of actual losses		(186	)		(185	)		(674	)		(945	)
OTTI charges due to credit loss recorded in earnings		916			-			1,419			776
Securities sold during the period		-			-			-			-
Securities where there is an intent to sell or requirement to sell		-			-			-			-
Ending balance	$	6,923		$	6,753		$	6,923		$	6,753

Investments Classified by Contractual Maturity Date [Table Text Block]

	Amortized Cost		Fair Value
	(In thousands)
Due in one year or less	$	22,631	$	22,631
Due after one year through five years		59,412		62,140
Due after five years through ten years		64,132		63,450
Due after ten years		131,866		125,123
Total other securities		278,041		273,344
Mortgage-backed securities		783,877		785,210
Total securities available for sale	$	1,061,918	$	1,058,554

Collateralized Mortgage Obligations [Member]

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

Available-for-sale Securities [Table Text Block]

							Cumulative OTTI				Current									Average
	Amortized		Fair		Outstanding		Charges		Year of		Lowest	Collateral Located in:								FICO
Security	Cost		Value		Principal		Recorded		Issuance	Maturity	Rating	CA		FL	VA	NY	NJ	TX	CO	Score
	(Dollars in thousands)
1	$	8,287	$	8,179	$	9,541	$	3,966	2006	05/25/36	Caa3		42%			16%				718
2		3,206		2,822		3,447		931	2006	08/19/36	D		55%						11%	740
3		3,956		3,723		4,425		1,341	2006	08/25/36	D		36%	15%						711
4		2,538		2,173		3,492		1,266	2006	08/25/36	D		41%	13%		13%		10%		687
5		3,678		3,297		3,954		222	2006	05/25/36	CC		23%		17%	13%	14%			709
Total	$	21,665	$	20,194	$	24,859	$	7,726

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	$	287	$	-	None	None	BB-
Pooled issuer		B1		17		5,617		2,880		2,196	23.4%	0.0%	C
Pooled issuer		C1		16		3,645		2,600		1,542	21.3%	1.5%	C
Total					$	9,562	$	5,767	$	3,738