Document_And_Entity_Informatio
Document And Entity Information | 9 Months Ended | |
Sep. 30, 2013 | Nov. 01, 2013 | |
Document and Entity Information [Abstract] | ' | ' |
Entity Registrant Name | 'CITIZENS & NORTHERN CORP | ' |
Document Type | '10-Q | ' |
Current Fiscal Year End Date | '--12-31 | ' |
Entity Common Stock, Shares Outstanding | ' | 12,372,133 |
Amendment Flag | 'false | ' |
Entity Central Index Key | '0000810958 | ' |
Entity Current Reporting Status | 'Yes | ' |
Entity Voluntary Filers | 'No | ' |
Entity Filer Category | 'Accelerated Filer | ' |
Entity Well-known Seasoned Issuer | 'No | ' |
Document Period End Date | 30-Sep-13 | ' |
Document Fiscal Year Focus | '2013 | ' |
Document Fiscal Period Focus | 'Q3 | ' |
Consolidated_Balance_Sheets_Un
Consolidated Balance Sheets (Unaudited) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 |
In Thousands, unless otherwise specified | ||
Cash and due from banks: | ' | ' |
Noninterest-bearing | $20,490 | $21,356 |
Interest-bearing | 22,757 | 38,480 |
Total cash and due from banks | 43,247 | 59,836 |
Available-for-sale securities, at fair value | 475,650 | 472,577 |
Loans held for sale | 801 | 2,545 |
Loans receivable | 648,475 | 683,910 |
Allowance for loan losses | -7,130 | -6,857 |
Loans, net | 641,345 | 677,053 |
Bank-owned life insurance | 21,645 | 21,344 |
Accrued interest receivable | 4,223 | 4,281 |
Bank premises and equipment, net | 17,640 | 18,707 |
Foreclosed assets held for sale | 776 | 879 |
Deferred tax asset, net | 4,507 | 1,725 |
Intangible asset - Core deposit intangibles | 100 | 138 |
Intangible asset - Goodwill | 11,942 | 11,942 |
Other assets | 11,076 | 15,880 |
TOTAL ASSETS | 1,232,952 | 1,286,907 |
Deposits: | ' | ' |
Noninterest-bearing | 191,250 | 189,941 |
Interest-bearing | 772,215 | 816,165 |
Total deposits | 963,465 | 1,006,106 |
Short-term borrowings | 4,833 | 5,567 |
Long-term borrowings | 73,405 | 83,812 |
Accrued interest and other liabilities | 10,043 | 8,636 |
TOTAL LIABILITIES | 1,051,746 | 1,104,121 |
STOCKHOLDERS' EQUITY | ' | ' |
Preferred stock, $1,000 par value; authorized 30,000 shares; $1,000 liquidation preference per share; no shares issued at September 30, 2013 and December 31, 2012 | 0 | 0 |
Common stock, par value $1.00 per share; authorized 20,000,000 shares in 2013 and 2012; issued 12,579,205 at September 30, 2013 and 12,525,411 at December 31, 2012 | 12,579 | 12,525 |
Paid-in capital | 69,669 | 68,622 |
Retained earnings | 100,052 | 94,839 |
Treasury stock, at cost; 207,072 shares at September 30, 2013 and 251,376 shares at December 31, 2012 | -3,462 | -4,203 |
Sub-total | 178,838 | 171,783 |
Accumulated other comprehensive income: | ' | ' |
Unrealized gains on available-for-sale securities | 2,520 | 11,568 |
Defined benefit plans | -152 | -565 |
Total accumulated other comprehensive income | 2,368 | 11,003 |
TOTAL STOCKHOLDERS' EQUITY | 181,206 | 182,786 |
TOTAL LIABILITIES & STOCKHOLDERS' EQUITY | $1,232,952 | $1,286,907 |
Consolidated_Balance_Sheets_Un1
Consolidated Balance Sheets (Unaudited) (Parentheticals) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 |
In Thousands, except Share data, unless otherwise specified | ||
Preferred stock, par value (in Dollars per share) | $1,000 | $1,000 |
Preferred stock, authorized shares | 30,000 | 30,000 |
Preferred stock, liquidation preference per share (in Dollars per share) | $1,000 | $1,000 |
Preferred stock, shares issued (in Dollars) | $0 | $0 |
Common stock, par value (in Dollars per share) | $1 | $1 |
Common stock, authorized shares | 20,000,000 | 20,000,000 |
Common stock, issued shares | 12,579,205 | 12,525,411 |
Treasury stock, shares | 207,072 | 251,376 |
Consolidated_Statements_of_Inc
Consolidated Statements of Income (Unaudited) (USD $) | 3 Months Ended | 9 Months Ended | ||
Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | |
INTEREST INCOME | ' | ' | ' | ' |
Interest and fees on loans | $8,742,000 | $9,996,000 | $26,995,000 | $30,604,000 |
Interest on balances with depository institutions | 25,000 | 31,000 | 76,000 | 90,000 |
Interest on loans to political subdivisions | 337,000 | 395,000 | 1,022,000 | 1,147,000 |
Interest on loans held for sale | 14,000 | 42,000 | 47,000 | 74,000 |
Income from available-for-sale securities: | ' | ' | ' | ' |
Taxable | 1,640,000 | 2,019,000 | 5,020,000 | 7,197,000 |
Tax-exempt | 1,185,000 | 1,275,000 | 3,640,000 | 3,803,000 |
Dividends | 84,000 | 78,000 | 229,000 | 226,000 |
Total interest and dividend income | 12,027,000 | 13,836,000 | 37,029,000 | 43,141,000 |
INTEREST EXPENSE | ' | ' | ' | ' |
Interest on deposits | 647,000 | 1,158,000 | 2,098,000 | 3,779,000 |
Interest on short-term borrowings | 3,000 | 2,000 | 6,000 | 6,000 |
Interest on long-term borrowings | 746,000 | 1,068,000 | 2,307,000 | 3,346,000 |
Total interest expense | 1,396,000 | 2,228,000 | 4,411,000 | 7,131,000 |
Net interest income | 10,631,000 | 11,608,000 | 32,618,000 | 36,010,000 |
Provision for loan losses | 239,000 | 236,000 | 488,000 | 421,000 |
Net interest income after provision for loan losses | 10,392,000 | 11,372,000 | 32,130,000 | 35,589,000 |
OTHER INCOME | ' | ' | ' | ' |
Service charges on deposit accounts | 1,281,000 | 1,290,000 | 3,611,000 | 3,707,000 |
Service charges and fees | 241,000 | 239,000 | 658,000 | 694,000 |
Trust and financial management revenue | 1,033,000 | 873,000 | 3,022,000 | 2,762,000 |
Interchange revenue from debit card transactions | 484,000 | 477,000 | 1,453,000 | 1,460,000 |
Net gains from sale of loans | 624,000 | 625,000 | 1,756,000 | 1,263,000 |
Increase in cash surrender value of life insurance | 109,000 | 111,000 | 301,000 | 347,000 |
Insurance commissions, fees and premiums | 32,000 | 62,000 | 136,000 | 169,000 |
Other operating income | 489,000 | 445,000 | 1,390,000 | 1,654,000 |
Sub-total | 4,293,000 | 4,122,000 | 12,327,000 | 12,056,000 |
Total other-than-temporary impairment losses on available-for-sale securities | 0 | 0 | -25,000 | -67,000 |
Portion of (gain) loss recognized in other comprehensive loss (before taxes) | 0 | 0 | 0 | 0 |
Net impairment losses recognized in earnings | 0 | 0 | -25,000 | -67,000 |
Realized gains on available-for-sale securities, net | 193,000 | 2,430,000 | 1,477,000 | 2,698,000 |
Net realized gains on available-for-sale securities | 193,000 | 2,430,000 | 1,452,000 | 2,631,000 |
Total other income | 4,486,000 | 6,552,000 | 13,779,000 | 14,687,000 |
OTHER EXPENSES | ' | ' | ' | ' |
Salaries and wages | 3,536,000 | 3,594,000 | 10,771,000 | 10,755,000 |
Pensions and other employee benefits | 876,000 | 982,000 | 3,165,000 | 3,438,000 |
Occupancy expense, net | 626,000 | 610,000 | 1,859,000 | 1,874,000 |
Furniture and equipment expense | 487,000 | 475,000 | 1,464,000 | 1,418,000 |
FDIC Assessments | 151,000 | 165,000 | 450,000 | 468,000 |
Pennsylvania shares tax | 350,000 | 339,000 | 1,051,000 | 1,011,000 |
Professional fees | 806,000 | 112,000 | 1,424,000 | 353,000 |
Automated teller machine and interchange expense | 209,000 | 218,000 | 802,000 | 858,000 |
Software subscriptions | 218,000 | 290,000 | 641,000 | 663,000 |
Loss on prepayment of debt | 0 | 2,190,000 | 1,023,000 | 2,333,000 |
Other operating expense | 1,351,000 | 1,441,000 | 4,056,000 | 4,122,000 |
Total other expenses | 8,610,000 | 10,416,000 | 26,706,000 | 27,293,000 |
Income before income tax provision | 6,268,000 | 7,508,000 | 19,203,000 | 22,983,000 |
Income tax provision | 1,579,000 | 2,014,000 | 4,834,000 | 6,217,000 |
NET INCOME | $4,689,000 | $5,494,000 | $14,369,000 | $16,766,000 |
NET INCOME PER SHARE - BASIC (in Dollars per share) | $0.38 | $0.45 | $1.16 | $1.37 |
NET INCOME PER SHARE - DILUTED (in Dollars per share) | $0.38 | $0.45 | $1.16 | $1.37 |
Consolidated_Statements_of_Com
Consolidated Statements of Comprehensive Income (Unaudited) (USD $) | 3 Months Ended | 9 Months Ended | ||
Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | |
Net income | $4,689,000 | $5,494,000 | $14,369,000 | $16,766,000 |
Unrealized (losses) gains on available-for-sale securities: | ' | ' | ' | ' |
Unrealized holding (losses) gains on available-for-sale securities | -286,000 | 3,597,000 | -12,465,000 | 5,168,000 |
Reclassification adjustment for gains realized in income | -193,000 | -2,430,000 | -1,452,000 | -2,631,000 |
Other comprehensive (loss) gain on available-for-sale securities | -479,000 | 1,167,000 | -13,917,000 | 2,537,000 |
Unfunded pension and postretirement obligations: | ' | ' | ' | ' |
Changes from plan amendments and actuarial gains and losses included in accumulated other comprehensive gain | 0 | 0 | 636,000 | 200,000 |
Amortization of net transition obligation, prior service cost and net actuarial loss included in net periodic benefit cost | 0 | 20,000 | 0 | 60,000 |
Other comprehensive gain on unfunded retirement obligations | 0 | 20,000 | 636,000 | 260,000 |
Other comprehensive (loss) income before income tax | -479,000 | 1,187,000 | -13,281,000 | 2,797,000 |
Income tax related to other comprehensive loss (income) | 167,000 | -415,000 | 4,646,000 | -1,131,000 |
Net other comprehensive (loss) income | -312,000 | 772,000 | -8,635,000 | 1,666,000 |
Comprehensive income | $4,377,000 | $6,266,000 | $5,734,000 | $18,432,000 |
Consolidated_Statements_of_Cas
Consolidated Statements of Cash Flows (Unaudited) (USD $) | 9 Months Ended | |
Sep. 30, 2013 | Sep. 30, 2012 | |
CASH FLOWS FROM OPERATING ACTIVITIES: | ' | ' |
Net income | $14,369,000 | $16,766,000 |
Adjustments to reconcile net income to net cash provided by operating activities: | ' | ' |
Provision for loan losses | 488,000 | 421,000 |
Realized gains on available-for-sale securities, net | -1,452,000 | -2,631,000 |
Gain on disposition of premises and equipment | -14,000 | -271,000 |
Loss on prepayment of debt | 1,023,000 | 2,333,000 |
Loss on sale of foreclosed assets, net | 71,000 | 99,000 |
Depreciation expense | 1,523,000 | 1,444,000 |
Accretion and amortization on securities, net | 1,428,000 | 1,022,000 |
Accretion and amortization on loans and deposits, net | -25,000 | -40,000 |
Amortization of mortgage servicing rights | 112,000 | 69,000 |
Increase in cash surrender value of life insurance | -301,000 | -347,000 |
Stock-based compensation | 605,000 | 487,000 |
Amortization of core deposit intangibles | 38,000 | 56,000 |
Deferred income taxes | 1,864,000 | 2,920,000 |
Gains on sales of loans, net | -1,756,000 | -1,263,000 |
Origination of loans for sale | -47,737,000 | -42,571,000 |
Proceeds from sales of loans | 50,681,000 | 40,665,000 |
Decrease (increase) in accrued interest receivable and other assets | 3,410,000 | -1,266,000 |
Increase (decrease) in accrued interest payable and other liabilities | 2,107,000 | -545,000 |
Net Cash Provided by Operating Activities | 26,434,000 | 17,348,000 |
CASH FLOWS FROM INVESTING ACTIVITIES: | ' | ' |
Proceeds from maturities of certificates of deposit | 240,000 | 0 |
Purchase of certificates of deposit | -960,000 | -1,060,000 |
Proceeds from sales of available-for-sale securities | 24,120,000 | 14,804,000 |
Proceeds from calls and maturities of available-for-sale securities | 77,222,000 | 81,595,000 |
Purchase of available-for-sale securities | -118,308,000 | -107,483,000 |
Redemption of Federal Home Loan Bank of Pittsburgh stock | 2,678,000 | 1,222,000 |
Purchase of Federal Home Land Bank of Pittsburgh stock | -825,000 | 0 |
Net decrease in loans | 35,022,000 | 9,141,000 |
Purchase of premises and equipment | -484,000 | -1,428,000 |
Proceeds from disposition of premises and equipment | 42,000 | 455,000 |
Purchase of investment in limited liability entity | -147,000 | -538,000 |
Return of principal on limited liability entity investments | 126,000 | 80,000 |
Proceeds from sale of foreclosed assets | 255,000 | 1,120,000 |
Net Cash Provided by (Used in) Investing Activities | 18,981,000 | -2,092,000 |
CASH FLOWS FROM FINANCING ACTIVITIES: | ' | ' |
Net decrease in deposits | -42,641,000 | -5,202,000 |
Net (decrease) increase in short-term borrowings | -734,000 | 14,707,000 |
Repayments of long-term borrowings | -11,430,000 | -37,742,000 |
Sale of treasury stock | 168,000 | 219,000 |
Tax benefit from compensation plans | 91,000 | 83,000 |
Common dividends paid | -8,178,000 | -6,460,000 |
Net Cash Used in Financing Activities | -62,724,000 | -34,395,000 |
DECREASE IN CASH AND CASH EQUIVALENTS | -17,309,000 | -19,139,000 |
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR | 55,016,000 | 56,815,000 |
CASH AND CASH EQUIVALENTS, END OF PERIOD | 37,707,000 | 37,676,000 |
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION: | ' | ' |
Assets acquired through foreclosure of real estate loans | 223,000 | 737,000 |
Interest paid | 4,437,000 | 7,392,000 |
Income taxes paid | $2,866,000 | $4,150,000 |
Consolidated_Statements_of_Cha
Consolidated Statements of Changes in Stockholders' Equity (Unaudited) (USD $) | Common Stock [Member] | Treasury Stock [Member] | Additional Paid-in Capital [Member] | Retained Earnings [Member] | Accumulated Other Comprehensive Income (Loss) [Member] | Total |
Balance at Dec. 31, 2011 | $12,461,000 | ($5,106,000) | $67,568,000 | $82,302,000 | $10,160,000 | $167,385,000 |
Shares Balance (in Shares) at Dec. 31, 2011 | 12,460,920 | 305,391 | ' | ' | ' | ' |
Net income | ' | ' | ' | 16,766,000 | ' | 16,766,000 |
Other comprehensive income (loss), net | ' | ' | ' | ' | 1,666,000 | 1,666,000 |
Cash dividends declared on common stock | ' | ' | ' | -7,331,000 | ' | -7,331,000 |
Shares issued for dividend reinvestment plan | 46,000 | ' | 825,000 | ' | ' | 871,000 |
Shares issued for dividend reinvestment plan (in Shares) | 45,839 | ' | ' | ' | ' | ' |
Shares issued from treasury related to exercise of stock options | ' | 241,000 | -22,000 | ' | ' | 219,000 |
Shares issued from treasury related to exercise of stock options (in Shares) | ' | -14,399 | ' | ' | ' | ' |
Restricted stock granted | ' | 711,000 | -711,000 | ' | ' | 0 |
Restricted stock granted (in Shares) | ' | -42,552 | ' | ' | ' | ' |
Forfeiture of restricted stock | ' | -59,000 | 59,000 | ' | ' | 0 |
Forfeiture of restricted stock (in Shares) | ' | 3,560 | ' | ' | ' | ' |
Stock-based compensation expense | ' | ' | 487,000 | ' | ' | 487,000 |
Tax effect of stock option exercises | ' | ' | 9,000 | ' | ' | 9,000 |
Tax benefit from employee benefit plan | ' | ' | ' | 74,000 | ' | 74,000 |
Balance at Sep. 30, 2012 | 12,507,000 | -4,213,000 | 68,215,000 | 91,811,000 | 11,826,000 | 180,146,000 |
Shares Balance (in Shares) at Sep. 30, 2012 | 12,506,759 | 252,000 | ' | ' | ' | ' |
Balance at Dec. 31, 2012 | 12,525,000 | -4,203,000 | 68,622,000 | 94,839,000 | 11,003,000 | 182,786,000 |
Shares Balance (in Shares) at Dec. 31, 2012 | 12,525,411 | 251,376 | ' | ' | ' | ' |
Net income | ' | ' | ' | 14,369,000 | ' | 14,369,000 |
Other comprehensive income (loss), net | ' | ' | ' | ' | -8,635,000 | -8,635,000 |
Cash dividends declared on common stock | ' | ' | ' | -9,250,000 | ' | -9,250,000 |
Shares issued for dividend reinvestment plan | 54,000 | ' | 1,018,000 | ' | ' | 1,072,000 |
Shares issued for dividend reinvestment plan (in Shares) | 53,794 | ' | ' | ' | ' | ' |
Shares issued from treasury related to exercise of stock options | ' | 162,000 | 6,000 | ' | ' | 168,000 |
Shares issued from treasury related to exercise of stock options (in Shares) | ' | -9,651 | ' | ' | ' | ' |
Restricted stock granted | ' | 633,000 | -633,000 | ' | ' | 0 |
Restricted stock granted (in Shares) | ' | -37,886 | ' | ' | ' | ' |
Forfeiture of restricted stock | ' | -54,000 | 54,000 | ' | ' | 0 |
Forfeiture of restricted stock (in Shares) | ' | 3,233 | ' | ' | ' | ' |
Stock-based compensation expense | ' | ' | 605,000 | ' | ' | 605,000 |
Tax effect of stock option exercises | ' | ' | -3,000 | ' | ' | -3,000 |
Tax benefit from employee benefit plan | ' | ' | ' | 94,000 | ' | 94,000 |
Balance at Sep. 30, 2013 | $12,579,000 | ($3,462,000) | $69,669,000 | $100,052,000 | $2,368,000 | $181,206,000 |
Shares Balance (in Shares) at Sep. 30, 2013 | 12,579,205 | 207,072 | ' | ' | ' | ' |
Consolidated_Statements_of_Cha1
Consolidated Statements of Changes in Stockholders' Equity (Unaudited) (Parentheticals) (USD $) | 9 Months Ended | |
Sep. 30, 2013 | Sep. 30, 2012 | |
Common stock, dividends, per share | $0.75 | $0.60 |
Note_1_Basis_of_Interim_Presen
Note 1 - Basis of Interim Presentation | 9 Months Ended |
Sep. 30, 2013 | |
Disclosure Text Block [Abstract] | ' |
Basis of Accounting [Text Block] | ' |
1. BASIS OF INTERIM PRESENTATION | |
The consolidated financial information included herein, with the exception of the consolidated balance sheet dated December 31, 2012, is unaudited. Such information reflects all adjustments (consisting solely of normal recurring adjustments) that are, in the opinion of management, necessary for a fair presentation of the financial position, results of operations, comprehensive income, cash flows and changes in stockholders’ equity for the interim periods; however, the information does not include all disclosures required by accounting principles generally accepted in the United States of America (“U.S. GAAP”) for a complete set of financial statements. Certain 2012 information has been reclassified for consistency with the 2013 presentation. | |
Operating results reported for the three-month and nine-month periods ended September 30, 2013 might not be indicative of the results for the year ending December 31, 2013. The Corporation evaluates subsequent events through the date of filing with the Securities and Exchange Commission. |
Note_2_Per_Share_Data
Note 2 - Per Share Data | 9 Months Ended | ||||||||||||
Sep. 30, 2013 | |||||||||||||
Earnings Per Share [Abstract] | ' | ||||||||||||
Earnings Per Share [Text Block] | ' | ||||||||||||
2. PER SHARE DATA | |||||||||||||
Net income per share is based on the weighted-average number of shares of common stock outstanding. The following data show the amounts used in computing basic and diluted net income per share. As shown in the table that follows, diluted earnings per share is computed using weighted-average common shares outstanding, plus weighted-average common shares available from the exercise of all dilutive stock options, less the number of shares that could be repurchased with the proceeds of stock option exercises based on the average share price of the Corporation's common stock during the period. | |||||||||||||
Net | Weighted- | Earnings | |||||||||||
Income | Average | Per | |||||||||||
Common | Share | ||||||||||||
Shares | |||||||||||||
Nine Months Ended September 30, 2013 | |||||||||||||
Earnings per share – basic | $ | 14,369,000 | 12,342,706 | $ | 1.16 | ||||||||
Dilutive effect of potential common stock arising from stock options: | |||||||||||||
Exercise of outstanding stock options | 251,970 | ||||||||||||
Hypothetical share repurchase at $19.73 | (222,749 | ) | |||||||||||
Earnings per share – diluted | $ | 14,369,000 | 12,371,927 | $ | 1.16 | ||||||||
Nine Months Ended September 30, 2012 | |||||||||||||
Earnings per share – basic | $ | 16,766,000 | 12,225,895 | $ | 1.37 | ||||||||
Dilutive effect of potential common stock arising from stock options: | |||||||||||||
Exercise of outstanding stock options | 202,199 | ||||||||||||
Hypothetical share repurchase at $19.35 | (175,737 | ) | |||||||||||
Earnings per share – diluted | $ | 16,766,000 | 12,252,357 | $ | 1.37 | ||||||||
Net | Weighted- | Earnings | |||||||||||
Income | Average | Per | |||||||||||
Common | Share | ||||||||||||
Shares | |||||||||||||
Quarter Ended September 30, 2013 | |||||||||||||
Earnings per share – basic | $ | 4,689,000 | 12,363,887 | $ | 0.38 | ||||||||
Dilutive effect of potential common stock arising from stock options: | |||||||||||||
Exercise of outstanding stock options | 302,956 | ||||||||||||
Hypothetical share repurchase at $ 20.10 | (269,941 | ) | |||||||||||
Earnings per share – diluted | $ | 4,689,000 | 12,396,902 | $ | 0.38 | ||||||||
Quarter Ended September 30, 2012 | |||||||||||||
Earnings per share – basic | $ | 5,494,000 | 12,244,797 | $ | 0.45 | ||||||||
Dilutive effect of potential common stock arising from stock options: | |||||||||||||
Exercise of outstanding stock options | 198,863 | ||||||||||||
Hypothetical share repurchase at $19.35 | (172,975 | ) | |||||||||||
Earnings per share – diluted | $ | 5,494,000 | 12,270,685 | $ | 0.45 | ||||||||
Stock options that were anti-dilutive were excluded from net income per share calculations. Weighted-average common shares available from anti-dilutive instruments totaled 98,809 shares in the nine-month period ended September 30, 2013, 146,295 shares in the nine-month period ended September 30, 2012, 57,658 shares in the third quarter 2013 and 143,866 shares in the third quarter 2012. |
Note_3_Comprehensive_Income
Note 3 - Comprehensive Income | 9 Months Ended | ||||||||||||
Sep. 30, 2013 | |||||||||||||
Disclosure Text Block [Abstract] | ' | ||||||||||||
Comprehensive Income (Loss) Note [Text Block] | ' | ||||||||||||
3. COMPREHENSIVE INCOME | |||||||||||||
Comprehensive income is the total of (1) net income, and (2) all other changes in equity from non-stockholder sources, which are referred to as other comprehensive income. The components of other comprehensive income, and the related tax effects, are as follows: | |||||||||||||
(In Thousands) | Before-Tax | Income Tax | Net-of-Tax | ||||||||||
Amount | Effect | Amount | |||||||||||
Nine Months Ended September 30, 2013: | |||||||||||||
Unrealized gains on available-for-sale securities: | |||||||||||||
Unrealized holding losses on available-for-sale securities | $ | (12,465 | ) | $ | 4,362 | $ | (8,103 | ) | |||||
Reclassification adjustment for (gains) realized in income | (1,452 | ) | 507 | (945 | ) | ||||||||
Other comprehensive loss on available-for-sale securities | (13,917 | ) | 4,869 | (9,048 | ) | ||||||||
Unfunded pension and postretirement obligations: | |||||||||||||
Changes from plan amendments and actuarial gains and losses included in other comprehensive income | 636 | (223 | ) | 413 | |||||||||
Amortization of net transition obligation, prior service cost and net actuarial loss included in net periodic benefit cost | 0 | 0 | 0 | ||||||||||
Other comprehensive gain on unfunded retirement obligations | 636 | (223 | ) | 413 | |||||||||
Total other comprehensive loss | $ | (13,281 | ) | $ | 4,646 | $ | (8,635 | ) | |||||
(In Thousands) | Before-Tax | Income Tax | Net-of-Tax | ||||||||||
Amount | Effect | Amount | |||||||||||
Nine Months Ended September 30, 2012: | |||||||||||||
Unrealized gains on available-for-sale securities: | |||||||||||||
Unrealized holding gains on available-for-sale securities | $ | 5,168 | $ | (1,971 | ) | $ | 3,197 | ||||||
Reclassification adjustment for (gains) realized in income | (2,631 | ) | 921 | (1,710 | ) | ||||||||
Other comprehensive gain on available-for-sale securities | 2,537 | (1,050 | ) | 1,487 | |||||||||
Unfunded pension and postretirement obligations: | |||||||||||||
Changes from plan amendments and actuarial gains and losses included in other comprehensive income | 200 | (61 | ) | 139 | |||||||||
Amortization of net transition obligation, prior service cost and net actuarial loss included in net periodic benefit cost | 60 | (20 | ) | 40 | |||||||||
Other comprehensive gain on unfunded retirement obligations | 260 | (81 | ) | 179 | |||||||||
Total other comprehensive income | $ | 2,797 | $ | (1,131 | ) | $ | 1,666 | ||||||
Three Months Ended September 30, 2013: | |||||||||||||
Unrealized gains on available-for-sale securities: | |||||||||||||
Unrealized holding losses on available-for-sale securities | $ | (286 | ) | $ | 101 | $ | (185 | ) | |||||
Reclassification adjustment for (gains) realized in income | (193 | ) | 66 | (127 | ) | ||||||||
Other comprehensive loss on available-for-sale securities | (479 | ) | 167 | (312 | ) | ||||||||
Unfunded pension and postretirement obligations: | |||||||||||||
Changes from plan amendments and actuarial gains and losses included in other comprehensive income | 0 | 0 | 0 | ||||||||||
Amortization of net transition obligation, prior service cost and net actuarial loss included in net periodic benefit cost | 0 | 0 | 0 | ||||||||||
Other comprehensive gain on unfunded retirement obligations | 0 | 0 | 0 | ||||||||||
Total other comprehensive loss | $ | (479 | ) | $ | 167 | $ | (312 | ) | |||||
Three Months Ended September 30, 2012: | |||||||||||||
Unrealized gains on available-for-sale securities: | |||||||||||||
Unrealized holding gains on available-for-sale securities | $ | 3,597 | $ | (1,259 | ) | $ | 2,338 | ||||||
Reclassification adjustment for (gains) realized in income | (2,430 | ) | 851 | (1,579 | ) | ||||||||
Other comprehensive gain on available-for-sale securities | 1,167 | (408 | ) | 759 | |||||||||
Unfunded pension and postretirement obligations: | |||||||||||||
Changes from plan amendments and actuarial gains and losses included in other comprehensive income | 0 | 0 | 0 | ||||||||||
Amortization of net transition obligation, prior service cost and net actuarial loss included in net periodic benefit cost | 20 | (7 | ) | 13 | |||||||||
Other comprehensive gain on unfunded retirement obligations | 20 | (7 | ) | 13 | |||||||||
Total other comprehensive income | $ | 1,187 | $ | (415 | ) | $ | 772 | ||||||
Changes in the components of accumulated other comprehensive income are as follows and are presented net of tax: | |||||||||||||
(In Thousands) | Unrealized | Unfunded | Accumulated | ||||||||||
Holding Gains | Pension and | Other | |||||||||||
(Losses) | Postretirement | Comprehensive | |||||||||||
on Securities | Obligations | Income | |||||||||||
Nine Months Ended September 30, 2013 | |||||||||||||
Balance, beginning of period | $ | 11,568 | $ | (565 | ) | $ | 11,003 | ||||||
Other comprehensive (loss) income before reclassifications | (8,103 | ) | 413 | (7,690 | ) | ||||||||
Amounts reclassified from accumulated other comprehensive income | (945 | ) | 0 | (945 | ) | ||||||||
Other comprehensive (loss) income | (9,048 | ) | 413 | (8,635 | ) | ||||||||
Balance, end of period | $ | 2,520 | $ | (152 | ) | $ | 2,368 | ||||||
Nine Months Ended September 30, 2012 | |||||||||||||
Balance, beginning of period | $ | 10,791 | $ | (631 | ) | $ | 10,160 | ||||||
Other comprehensive income before reclassifications | 3,197 | 139 | 3,336 | ||||||||||
Amounts reclassified from accumulated other comprehensive income | (1,710 | ) | 40 | (1,670 | ) | ||||||||
Other comprehensive income | 1,487 | 179 | 1,666 | ||||||||||
Balance, end of period | $ | 12,278 | $ | (452 | ) | $ | 11,826 | ||||||
Three Months Ended September 30, 2013 | |||||||||||||
Balance, beginning of period | $ | 2,832 | $ | (152 | ) | $ | 2,680 | ||||||
Other comprehensive loss before reclassifications | (185 | ) | 0 | (185 | ) | ||||||||
Amounts reclassified from accumulated other comprehensive income | (127 | ) | 0 | (127 | ) | ||||||||
Other comprehensive loss | (312 | ) | 0 | (312 | ) | ||||||||
Balance, end of period | $ | 2,520 | $ | (152 | ) | $ | 2,368 | ||||||
Three Months Ended September 30, 2012 | |||||||||||||
Balance, beginning of period | $ | 11,519 | $ | (465 | ) | $ | 11,054 | ||||||
Other comprehensive income before reclassifications | 2,338 | 0 | 2,338 | ||||||||||
Amounts reclassified from accumulated other comprehensive income | (1,579 | ) | 13 | (1,566 | ) | ||||||||
Other comprehensive income | 759 | 13 | 772 | ||||||||||
Balance, end of period | $ | 12,278 | $ | (452 | ) | $ | 11,826 | ||||||
Items reclassified out of each component of other comprehensive income are as follows: | |||||||||||||
Details about Accumulated Other | Reclassified from | Affected Line Item in the Consolidated | |||||||||||
Comprehensive Income Components | Accumulated Other | Statements of Income | |||||||||||
Comprehensive Income | |||||||||||||
Unrealized gains and losses on available-for-sale securities | $ | 25 | Total other-than-temporary impairment losses on available-for-sale securities | ||||||||||
(1,477 | ) | Realized gains on available-for-sale securities, net | |||||||||||
(1,452 | ) | Total before tax | |||||||||||
507 | Income tax provision | ||||||||||||
(945 | ) | Net of tax | |||||||||||
Amortization of defined benefit pension and postretirement items | |||||||||||||
Prior service cost | (23 | ) | Pensions and other employee benefits | ||||||||||
Actuarial loss | 23 | Pensions and other employee benefits | |||||||||||
0 | Total before tax | ||||||||||||
0 | Income tax provision | ||||||||||||
0 | Net of tax | ||||||||||||
Total reclassifications for the period | $ | (945 | ) | ||||||||||
Details about Accumulated Other | Reclassified from | Affected Line Item in the Consolidated | |||||||||||
Comprehensive Income Components | Accumulated Other | Statements of Income | |||||||||||
Comprehensive Income | |||||||||||||
Unrealized gains and losses on available-for-sale securities | $ | 0 | Total other-than-temporary impairment losses on available-for-sale securities | ||||||||||
(193 | ) | Realized gains on available-for-sale securities, net | |||||||||||
(193 | ) | Total before tax | |||||||||||
66 | Income tax provision | ||||||||||||
(127 | ) | Net of tax | |||||||||||
Amortization of defined benefit pension and postretirement items | |||||||||||||
Prior service cost | (7 | ) | Pensions and other employee benefits | ||||||||||
Actuarial loss | 7 | Pensions and other employee benefits | |||||||||||
0 | Total before tax | ||||||||||||
0 | Income tax provision | ||||||||||||
0 | Net of tax | ||||||||||||
Total reclassifications for the period | $ | (127 | ) | ||||||||||
Note_4_Cash_And_Due_From_Banks
Note 4 - Cash And Due From Banks | 9 Months Ended | ||||||||
Sep. 30, 2013 | |||||||||
Cash and Cash Equivalents [Abstract] | ' | ||||||||
Cash and Cash Equivalents Disclosure [Text Block] | ' | ||||||||
4. CASH AND DUE FROM BANKS | |||||||||
Cash and due from banks at September 30, 2013 and December 31, 2012 include the following: | |||||||||
(In thousands) | Sept. 30, | Dec. 31, | |||||||
2013 | 2012 | ||||||||
Cash and cash equivalents | $ | 37,707 | $ | 55,016 | |||||
Certificates of deposit | 5,540 | 4,820 | |||||||
Total cash and due from banks | $ | 43,247 | $ | 59,836 | |||||
Certificates of deposit are issues by U.S. banks with original maturities greater than three months. Each certificate of deposit is fully FDIC-insured. The Corporation maintains cash and cash equivalents with certain financial institutions in excess of the FDIC insurance limit. | |||||||||
The Corporation is required to maintain reserves against deposit liabilities in the form of cash and balances with the Federal Reserve Bank of Philadelphia. Required reserves fluctuate based on deposit levels and are adjusted biweekly. Required reserves were $11,501,000 at September 30, 2013 and $14,128,000 at December 31, 2012. |
Note_5_Fair_Value_Measurements
Note 5 - Fair Value Measurements and Fair Values of Financial Instruments | 9 Months Ended | ||||||||||||||||||||||||||||||||
Sep. 30, 2013 | |||||||||||||||||||||||||||||||||
Fair Value Disclosures [Abstract] | ' | ||||||||||||||||||||||||||||||||
Fair Value Disclosures [Text Block] | ' | ||||||||||||||||||||||||||||||||
5. FAIR VALUE MEASUREMENTS AND FAIR VALUES OF FINANCIAL INSTRUMENTS | |||||||||||||||||||||||||||||||||
The Corporation measures certain assets at fair value. Fair value is defined as the price that would be received to sell an asset in an orderly transaction between market participants at the measurement date. FASB ASC topic 820, “Fair Value Measurements and Disclosures” establishes a framework for measuring fair value that includes a hierarchy used to classify the inputs used in measuring fair value. The hierarchy prioritizes the inputs used in determining valuations into three levels. The level in the fair value hierarchy within which the fair value measurement falls is determined based on the lowest level input that is significant to the fair value measurement. The levels of the fair value hierarchy are as follows: | |||||||||||||||||||||||||||||||||
Level 1 – Fair value is based on unadjusted quoted prices in active markets that are accessible to the Corporation for identical assets. These generally provide the most reliable evidence and are used to measure fair value whenever available. | |||||||||||||||||||||||||||||||||
Level 2 – Fair value is based on significant inputs, other than Level 1 inputs, that are observable either directly or indirectly for substantially the full term of the asset through corroboration with observable market data. Level 2 inputs include quoted market prices in active markets for similar assets, quoted market prices in markets that are not active for identical or similar assets and other observable inputs. | |||||||||||||||||||||||||||||||||
Level 3 – Fair value is based on significant unobservable inputs. Examples of valuation methodologies that would result in Level 3 classification include option pricing models, discounted cash flows and other similar techniques. | |||||||||||||||||||||||||||||||||
The Corporation monitors and evaluates available data relating to fair value measurements on an ongoing basis and recognizes transfers among the levels of the fair value hierarchy as of the date of an event or change in circumstances that affects the valuation method chosen. Examples of such changes may include the market for a particular asset becoming active or inactive, changes in the availability of quoted prices, or changes in the availability of other market data. | |||||||||||||||||||||||||||||||||
At September 30, 2013 and December 31, 2012, assets measured at fair value and the valuation methods used are as follows: | |||||||||||||||||||||||||||||||||
30-Sep-13 | |||||||||||||||||||||||||||||||||
(In Thousands) | Quoted Prices | Other | Unobservable | Total | |||||||||||||||||||||||||||||
in Active | Observable | Inputs | Fair | ||||||||||||||||||||||||||||||
Markets | Inputs | (Level 3) | Value | ||||||||||||||||||||||||||||||
(Level 1) | (Level 2) | ||||||||||||||||||||||||||||||||
Recurring fair value measurements | |||||||||||||||||||||||||||||||||
AVAILABLE-FOR-SALE SECURITIES: | |||||||||||||||||||||||||||||||||
Obligations of U.S. Government agencies | $ | 0 | $ | 46,384 | $ | 0 | $ | 46,384 | |||||||||||||||||||||||||
Obligations of states and political subdivisions: | |||||||||||||||||||||||||||||||||
Tax-exempt | 0 | 131,096 | 0 | 131,096 | |||||||||||||||||||||||||||||
Taxable | 0 | 31,211 | 0 | 31,211 | |||||||||||||||||||||||||||||
Mortgage-backed securities | 0 | 82,354 | 0 | 82,354 | |||||||||||||||||||||||||||||
Collateralized mortgage obligations, | |||||||||||||||||||||||||||||||||
Issued by U.S. Government agencies | 0 | 175,078 | 0 | 175,078 | |||||||||||||||||||||||||||||
Collateralized debt obligations | 0 | 660 | 0 | 660 | |||||||||||||||||||||||||||||
Total debt securities | 0 | 466,783 | 0 | 466,783 | |||||||||||||||||||||||||||||
Marketable equity securities | 8,867 | 0 | 0 | 8,867 | |||||||||||||||||||||||||||||
Total available-for-sale securities | 8,867 | 466,783 | 0 | 475,650 | |||||||||||||||||||||||||||||
Servicing rights | 0 | 0 | 1,049 | 1,049 | |||||||||||||||||||||||||||||
Total recurring fair value measurements | $ | 8,867 | $ | 466,783 | $ | 1,049 | $ | 476,699 | |||||||||||||||||||||||||
Nonrecurring fair value measurements | |||||||||||||||||||||||||||||||||
Impaired loans with a valuation allowance | $ | 0 | $ | 0 | $ | 4,553 | $ | 4,553 | |||||||||||||||||||||||||
Valuation allowance | 0 | 0 | (703 | ) | (703 | ) | |||||||||||||||||||||||||||
Impaired loans, net | 0 | 0 | 3,850 | 3,850 | |||||||||||||||||||||||||||||
Foreclosed assets held for sale | 0 | 0 | 776 | 776 | |||||||||||||||||||||||||||||
Total nonrecurring fair value measurements | $ | 0 | $ | 0 | $ | 4,626 | $ | 4,626 | |||||||||||||||||||||||||
31-Dec-12 | |||||||||||||||||||||||||||||||||
(In Thousands) | Quoted Prices | Other | Unobservable | Total | |||||||||||||||||||||||||||||
in Active | Observable | Inputs | Fair | ||||||||||||||||||||||||||||||
Markets | Inputs | (Level 3) | Value | ||||||||||||||||||||||||||||||
(Level 1) | (Level 2) | ||||||||||||||||||||||||||||||||
Recurring fair value measurements | |||||||||||||||||||||||||||||||||
AVAILABLE-FOR-SALE SECURITIES: | |||||||||||||||||||||||||||||||||
Obligations of U.S. Government agencies | $ | 0 | $ | 31,217 | $ | 0 | $ | 31,217 | |||||||||||||||||||||||||
Obligations of states and political subdivisions: | |||||||||||||||||||||||||||||||||
Tax-exempt | 0 | 137,020 | 0 | 137,020 | |||||||||||||||||||||||||||||
Taxable | 0 | 24,817 | 0 | 24,817 | |||||||||||||||||||||||||||||
Mortgage-backed securities | 0 | 80,196 | 0 | 80,196 | |||||||||||||||||||||||||||||
Collateralized mortgage obligations, | |||||||||||||||||||||||||||||||||
Issued by U.S. Government agencies | 0 | 183,510 | 0 | 183,510 | |||||||||||||||||||||||||||||
Trust preferred securities issued by individual institutions | 0 | 5,171 | 0 | 5,171 | |||||||||||||||||||||||||||||
Collateralized debt obligations: | |||||||||||||||||||||||||||||||||
Pooled trust preferred securities - senior tranches | 0 | 0 | 1,613 | 1,613 | |||||||||||||||||||||||||||||
Other collateralized debt obligations | 0 | 660 | 0 | 660 | |||||||||||||||||||||||||||||
Total debt securities | 0 | 462,591 | 1,613 | 464,204 | |||||||||||||||||||||||||||||
Marketable equity securities | 8,373 | 0 | 0 | 8,373 | |||||||||||||||||||||||||||||
Total available-for-sale securities | 8,373 | 462,591 | 1,613 | 472,577 | |||||||||||||||||||||||||||||
Servicing rights | 0 | 0 | 605 | 605 | |||||||||||||||||||||||||||||
Total recurring fair value measurements | $ | 8,373 | $ | 462,591 | $ | 2,218 | $ | 473,182 | |||||||||||||||||||||||||
Nonrecurring fair value measurements | |||||||||||||||||||||||||||||||||
Impaired loans with a valuation allowance | $ | 0 | $ | 0 | $ | 2,710 | $ | 2,710 | |||||||||||||||||||||||||
Valuation allowance | 0 | 0 | (623 | ) | (623 | ) | |||||||||||||||||||||||||||
Impaired loans, net | 0 | 0 | 2,087 | 2,087 | |||||||||||||||||||||||||||||
Foreclosed assets held for sale | 0 | 0 | 879 | 879 | |||||||||||||||||||||||||||||
Total nonrecurring fair value measurements | $ | 0 | $ | 0 | $ | 2,966 | $ | 2,966 | |||||||||||||||||||||||||
Loans are classified as impaired when, based on current information and events, it is probable that the Corporation will be unable to collect the scheduled payments of principal or interest when due according to the contractual terms of the loan agreement. Foreclosed assets held for sale consist of real estate acquired by foreclosure. For impaired commercial loans secured by real estate and foreclosed assets held for sale, the nonrecurring estimates of fair value are determined primarily using values from third-party appraisals less discounts based on the Corporation’s experience in selling similar properties and estimated selling costs. | |||||||||||||||||||||||||||||||||
Management’s evaluation and selection of valuation techniques and the unobservable inputs used in determining the fair values of assets valued using Level 3 methodologies include sensitive assumptions. Other market participants might use substantially different assumptions, which could result in calculations of fair values that would be substantially different than the amount calculated by management. At September 30, 2013 and December 31, 2012, quantitative information regarding significant techniques and inputs used for assets measured on a recurring basis using unobservable inputs (Level 3 methodologies) are as follows: | |||||||||||||||||||||||||||||||||
Asset | Fair Value at | Valuation | Unobservable | Method or Value As of | |||||||||||||||||||||||||||||
9/30/13 | Technique | Input(s) | 9/30/13 | ||||||||||||||||||||||||||||||
(In Thousands) | |||||||||||||||||||||||||||||||||
Servicing rights | $ | 1,049 | Discounted cash flow | Discount rate | 12 | % | Rate used through modeling period | ||||||||||||||||||||||||||
Loan prepayment speeds | 147 | % | Weighted-average PSA | ||||||||||||||||||||||||||||||
Servicing fees | 0.25 | % | of loan balances | ||||||||||||||||||||||||||||||
4 | % | of payments are late | |||||||||||||||||||||||||||||||
5 | % | late fees assessed | |||||||||||||||||||||||||||||||
$ | 1.94 | Miscellaneous fees per account per month | |||||||||||||||||||||||||||||||
Servicing costs | $ | 6 | Monthly servicing cost per account | ||||||||||||||||||||||||||||||
$ | 24 | Additional monthly servicing cost per loan on loans more than 30 days delinquent | |||||||||||||||||||||||||||||||
1.5 | % | of loans more than 30 days delinquent | |||||||||||||||||||||||||||||||
3 | % | annual increase in servicing costs | |||||||||||||||||||||||||||||||
Asset | Fair Value at | Valuation | Unobservable | Method or Value As of | |||||||||||||||||||||||||||||
12/31/12 | Technique | Input(s) | 12/31/12 | ||||||||||||||||||||||||||||||
(In Thousands) | |||||||||||||||||||||||||||||||||
Pooled trust preferred securities - senior tranches | $ | 1,613 | Discounted cash flow | Issuer defaults | 50.26 | % | Actual deferrals and defaults as % of outstanding collateral | ||||||||||||||||||||||||||
19.73 | % | Expected additional net deferrals and defaults as % of performing collateral | |||||||||||||||||||||||||||||||
Issuer prepayments | 41.24 | % | Expected issuer prepayments as % of performing collateral | ||||||||||||||||||||||||||||||
Discount rate | 11.7 | % | Implied 7.57% discount rate at 12/31/07 plus 4.13% spread for credit and liquidity risk | ||||||||||||||||||||||||||||||
Servicing rights | 605 | Discounted cash flow | Discount rate | 12 | % | Rate used through modeling period | |||||||||||||||||||||||||||
Loan prepayment speeds | 288 | % | Weighted-average PSA | ||||||||||||||||||||||||||||||
Servicing fees | 0.25 | % | of loan balances | ||||||||||||||||||||||||||||||
5 | % | of payments are late | |||||||||||||||||||||||||||||||
5 | % | late fees assessed | |||||||||||||||||||||||||||||||
$ | 1.94 | Miscellaneous fees per account per month | |||||||||||||||||||||||||||||||
Servicing costs | $ | 6 | Monthly servicing cost per account | ||||||||||||||||||||||||||||||
$ | 24 | Additional monthly servicing cost per loan on loans more than 30 days delinquent | |||||||||||||||||||||||||||||||
1.5 | % | of loans more than 30 days delinquent | |||||||||||||||||||||||||||||||
3 | % | annual increase in servicing costs | |||||||||||||||||||||||||||||||
The fair value of servicing rights is affected by expected future interest rates. Increases (decreases) in future expected interest rates tend to increase (decrease) the fair value of the Corporation’s servicing rights because of changes in expected prepayment behavior by the borrowers on the underlying loans. | |||||||||||||||||||||||||||||||||
Following is a reconciliation of activity for Level 3 assets measured at fair value on a recurring basis: | |||||||||||||||||||||||||||||||||
Three Months Ended September 30, 2013 | Nine Months Ended September 30, 2013 | ||||||||||||||||||||||||||||||||
(In Thousands) | Pooled Trust | Pooled Trust | Servicing | Total | Pooled Trust | Pooled Trust | Servicing | Total | |||||||||||||||||||||||||
Preferred | Preferred | Rights | Preferred | Preferred | Rights | ||||||||||||||||||||||||||||
Securities - | Securities - | Securities - | Securities - | ||||||||||||||||||||||||||||||
Senior | Mezzanine | Senior | Mezzanine | ||||||||||||||||||||||||||||||
Tranches | Tranches | Tranches | Tranches | ||||||||||||||||||||||||||||||
Balance, beginning of period | $ | 0 | $ | 0 | $ | 850 | $ | 850 | $ | 1,613 | $ | 0 | $ | 605 | $ | 2,218 | |||||||||||||||||
Issuances of servicing rights | 0 | 0 | 240 | 240 | 0 | 0 | 556 | 556 | |||||||||||||||||||||||||
Accretion and amortization, net | 0 | 0 | 0 | 0 | (2 | ) | 0 | 0 | (2 | ) | |||||||||||||||||||||||
Proceeds from sales and calls | 0 | 0 | 0 | 0 | (1,636 | ) | (571 | ) | 0 | (2,207 | ) | ||||||||||||||||||||||
Realized gains, net | 0 | 0 | 0 | 0 | 23 | 571 | 0 | 594 | |||||||||||||||||||||||||
Unrealized losses included in earnings | 0 | 0 | (41 | ) | (41 | ) | 0 | 0 | (112 | ) | (112 | ) | |||||||||||||||||||||
Unrealized (losses) gains included in other comprehensive income | 0 | 0 | 0 | 0 | 2 | 0 | 0 | 2 | |||||||||||||||||||||||||
Balance, end of period | $ | 0 | $ | 0 | $ | 1,049 | $ | 1,049 | $ | 0 | $ | 0 | $ | 1,049 | $ | 1,049 | |||||||||||||||||
Three Months Ended September 30, 2012 | Nine Months Ended September 30, 2012 | ||||||||||||||||||||||||||||||||
Pooled Trust | Pooled Trust | Servicing | Total | Pooled Trust | Pooled Trust | Servicing | Total | ||||||||||||||||||||||||||
Preferred | Preferred | Rights | Preferred | Preferred | Rights | ||||||||||||||||||||||||||||
Securities - | Securities - | Securities - | Securities - | ||||||||||||||||||||||||||||||
Senior | Mezzanine | Senior | Mezzanine | ||||||||||||||||||||||||||||||
Tranches | Tranches | Tranches | Tranches | ||||||||||||||||||||||||||||||
Balance, beginning of period | $ | 2,386 | $ | 1,146 | $ | 460 | $ | 3,992 | $ | 4,638 | $ | 730 | $ | 375 | $ | 5,743 | |||||||||||||||||
Issuances of servicing rights | 0 | 0 | 133 | 133 | 0 | 0 | 262 | 262 | |||||||||||||||||||||||||
Accretion and amortization, net | (1 | ) | 0 | 0 | (1 | ) | (6 | ) | 0 | 0 | (6 | ) | |||||||||||||||||||||
Proceeds from sales and calls | 0 | (1,781 | ) | 0 | (1,781 | ) | (2,515 | ) | (1,835 | ) | 0 | (4,350 | ) | ||||||||||||||||||||
Realized gains, net | 0 | 1,781 | 0 | 1,781 | 40 | 1,835 | 0 | 1,875 | |||||||||||||||||||||||||
Unrealized losses included in earnings | 0 | 0 | (25 | ) | (25 | ) | 0 | 0 | (69 | ) | (69 | ) | |||||||||||||||||||||
Unrealized gains (losses) included in other comprehensive income | 111 | (1,146 | ) | 0 | (1,035 | ) | 339 | (730 | ) | 0 | (391 | ) | |||||||||||||||||||||
Balance, end of period | $ | 2,496 | $ | 0 | $ | 568 | $ | 3,064 | $ | 2,496 | $ | 0 | $ | 568 | $ | 3,064 | |||||||||||||||||
No other-than-temporary impairment losses on securities valued using Level 3 methodologies were recorded in 2013 or 2012. | |||||||||||||||||||||||||||||||||
Certain of the Corporation’s financial instruments are not measured at fair value in the consolidated financial statements. In cases where quoted market prices are not available, fair values are based on estimates using present value or other valuation techniques. Those techniques are significantly affected by the assumptions used, including the discount rate and estimates of future cash flows. Accordingly, the fair value estimates may not be realized in an immediate settlement of the instrument. Certain financial instruments and all nonfinancial instruments are excluded from disclosure requirements. Therefore, the aggregate fair value amounts presented may not represent the underlying fair value of the Corporation. | |||||||||||||||||||||||||||||||||
The Corporation used the following methods and assumptions in estimating fair value disclosures for financial instruments: | |||||||||||||||||||||||||||||||||
CASH AND CASH EQUIVALENTS - The carrying amounts of cash and short-term instruments approximate fair values. | |||||||||||||||||||||||||||||||||
CERTIFICATES OF DEPOSIT - Fair values for certificates of deposit, included in cash and due from banks in the consolidated balance sheet, are based on quoted market prices for certificates of similar remaining maturities. | |||||||||||||||||||||||||||||||||
SECURITIES - Fair values for securities, excluding restricted equity securities, are based on quoted market prices or other methods as described above. The carrying value of restricted equity securities approximates fair value based on applicable redemption provisions. | |||||||||||||||||||||||||||||||||
LOANS HELD FOR SALE - Fair values of loans held for sale are determined based on applicable sale prices available under the Federal Home Loan Banks’ MPF Xtra program. | |||||||||||||||||||||||||||||||||
LOANS - Fair values are estimated for portfolios of loans with similar financial characteristics. Loans are segregated by type such as commercial, commercial real estate, residential mortgage and other consumer. Each loan category is further segmented into fixed-rate and adjustable-rate interest terms and by performing and nonperforming categories. The fair value of performing loans is calculated by discounting contractual cash flows, adjusted for estimated prepayments based on historical experience, using estimated market discount rates that reflect the credit and interest rate risk inherent in the loans. Fair value of nonperforming loans is based on recent appraisals or estimates prepared by the Corporation’s lending officers. | |||||||||||||||||||||||||||||||||
SERVICING RIGHTS - The fair value of servicing rights, included in other assets in the consolidated balance sheet, is determined through a discounted cash flow valuation. Significant inputs include expected net servicing income, the discount rate and the expected prepayment speeds of the underlying loans. | |||||||||||||||||||||||||||||||||
DEPOSITS - The fair value of deposits with no stated maturity, such as noninterest-bearing demand deposits, savings, money market and interest checking accounts, is (by definition) equal to the amount payable at September 30, 2013 and December 31, 2012. The fair value of time deposits, such as certificates of deposit and Individual Retirement Accounts, is based on the discounted value of contractual cash flows. The discount rate is estimated using the rates currently offered for deposits of similar remaining maturities. The fair value estimates of deposits do not include the benefit that results from the low-cost funding provided by the deposit liabilities compared to the cost of borrowing funds in the market, commonly referred to as the core deposit intangible. | |||||||||||||||||||||||||||||||||
BORROWED FUNDS - The fair value of borrowings is estimated using discounted cash flow analyses based on rates currently available to the Corporation for similar types of borrowing arrangements. | |||||||||||||||||||||||||||||||||
ACCRUED INTEREST - The carrying amounts of accrued interest receivable and payable approximate fair values. | |||||||||||||||||||||||||||||||||
OFF-BALANCE SHEET COMMITMENTS - The Corporation has commitments to extend credit and has issued standby letters of credit. Standby letters of credit are conditional guarantees of performance by a customer to a third party. Estimates of the fair value of these off-balance sheet items were not made because of the short-term nature of these arrangements and the credit standing of the counterparties. | |||||||||||||||||||||||||||||||||
The estimated fair values, and related carrying amounts, of the Corporation’s financial instruments are as follows: | |||||||||||||||||||||||||||||||||
(In Thousands) | Valuation | 30-Sep-13 | 31-Dec-12 | ||||||||||||||||||||||||||||||
Method(s) | Carrying | Fair | Carrying | Fair | |||||||||||||||||||||||||||||
Used | Amount | Value | Amount | Value | |||||||||||||||||||||||||||||
Financial assets: | |||||||||||||||||||||||||||||||||
Cash and cash equivalents | Level 1 | $ | 37,707 | $ | 37,707 | $ | 55,016 | $ | 55,016 | ||||||||||||||||||||||||
Certificates of deposit | Level 2 | 5,540 | 5,596 | 4,820 | 4,860 | ||||||||||||||||||||||||||||
Available-for-sale securities | See Above | 475,650 | 475,650 | 472,577 | 472,577 | ||||||||||||||||||||||||||||
Restricted equity securities (included in Other Assets) | Level 2 | 2,989 | 2,989 | 4,842 | 4,842 | ||||||||||||||||||||||||||||
Loans held for sale | Level 1 | 801 | 801 | 2,545 | 2,545 | ||||||||||||||||||||||||||||
Loans, net | Level 3 | 641,345 | 645,271 | 677,053 | 693,047 | ||||||||||||||||||||||||||||
Accrued interest receivable | Level 1 | 4,223 | 4,223 | 4,281 | 4,281 | ||||||||||||||||||||||||||||
Servicing rights | Level 3 | 1,049 | 1,049 | 605 | 605 | ||||||||||||||||||||||||||||
Financial liabilities: | |||||||||||||||||||||||||||||||||
Deposits with no stated maturity | Level 1 | 693,219 | 693,219 | 693,687 | 693,687 | ||||||||||||||||||||||||||||
Time deposits | Level 3 | 270,246 | 271,800 | 312,419 | 315,005 | ||||||||||||||||||||||||||||
Short-term borrowings | Level 3 | 4,833 | 4,791 | 5,567 | 5,527 | ||||||||||||||||||||||||||||
Long-term borrowings | Level 3 | 73,405 | 81,854 | 83,812 | 96,032 | ||||||||||||||||||||||||||||
Accrued interest payable | Level 1 | 111 | 111 | 137 | 137 | ||||||||||||||||||||||||||||
Note_6_Securities
Note 6 - Securities | 9 Months Ended | ||||||||||||||||||||||||
Sep. 30, 2013 | |||||||||||||||||||||||||
Investments, Debt and Equity Securities [Abstract] | ' | ||||||||||||||||||||||||
Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block] | ' | ||||||||||||||||||||||||
6. SECURITIES | |||||||||||||||||||||||||
Amortized cost and fair value of available-for-sale securities at September 30, 2013 and December 31, 2012 are summarized as follows: | |||||||||||||||||||||||||
30-Sep-13 | |||||||||||||||||||||||||
(In Thousands) | Amortized | Gross | Gross | Fair | |||||||||||||||||||||
Cost | Unrealized | Unrealized | Value | ||||||||||||||||||||||
Holding | Holding | ||||||||||||||||||||||||
Gains | Losses | ||||||||||||||||||||||||
Obligations of U.S. Government agencies | $ | 47,445 | $ | 365 | $ | (1,426 | ) | $ | 46,384 | ||||||||||||||||
Obligations of states and political subdivisions: | |||||||||||||||||||||||||
Tax-exempt | 129,884 | 3,198 | (1,986 | ) | 131,096 | ||||||||||||||||||||
Taxable | 31,582 | 261 | (632 | ) | 31,211 | ||||||||||||||||||||
Mortgage-backed securities | 80,190 | 2,405 | (241 | ) | 82,354 | ||||||||||||||||||||
Collateralized mortgage obligations, | |||||||||||||||||||||||||
Issued by U.S. Government agencies | 176,208 | 1,515 | (2,645 | ) | 175,078 | ||||||||||||||||||||
Collateralized debt obligations | 660 | 0 | 0 | 660 | |||||||||||||||||||||
Total debt securities | 465,969 | 7,744 | (6,930 | ) | 466,783 | ||||||||||||||||||||
Marketable equity securities | 5,802 | 3,066 | (1 | ) | 8,867 | ||||||||||||||||||||
Total | $ | 471,771 | $ | 10,810 | $ | (6,931 | ) | $ | 475,650 | ||||||||||||||||
31-Dec-12 | |||||||||||||||||||||||||
(In Thousands) | Amortized | Gross | Gross | Fair | |||||||||||||||||||||
Cost | Unrealized | Unrealized | Value | ||||||||||||||||||||||
Holding | Holding | ||||||||||||||||||||||||
Gains | Losses | ||||||||||||||||||||||||
Obligations of U.S. Government agencies | $ | 30,695 | $ | 572 | $ | (50 | ) | $ | 31,217 | ||||||||||||||||
Obligations of states and political subdivisions: | |||||||||||||||||||||||||
Tax-exempt | 130,168 | 7,030 | (178 | ) | 137,020 | ||||||||||||||||||||
Taxable | 24,426 | 462 | (71 | ) | 24,817 | ||||||||||||||||||||
Mortgage-backed securities | 76,368 | 3,828 | 0 | 80,196 | |||||||||||||||||||||
Collateralized mortgage obligations, | |||||||||||||||||||||||||
Issued by U.S. Government agencies | 179,770 | 3,887 | (147 | ) | 183,510 | ||||||||||||||||||||
Trust preferred securities issued by individual institutions | 5,167 | 4 | 0 | 5,171 | |||||||||||||||||||||
Collateralized debt obligations: | |||||||||||||||||||||||||
Pooled trust preferred securities - senior tranches | 1,615 | 0 | (2 | ) | 1,613 | ||||||||||||||||||||
Other collateralized debt obligations | 660 | 0 | 0 | 660 | |||||||||||||||||||||
Total debt securities | 448,869 | 15,783 | (448 | ) | 464,204 | ||||||||||||||||||||
Marketable equity securities | 5,912 | 2,500 | (39 | ) | 8,373 | ||||||||||||||||||||
Total | $ | 454,781 | $ | 18,283 | $ | (487 | ) | $ | 472,577 | ||||||||||||||||
The following table presents gross unrealized losses and fair value of available-for-sale securities with unrealized loss positions that are not deemed to be other-than-temporarily impaired, aggregated by length of time that individual securities have been in a continuous unrealized loss position at September 30, 2013 and December 31, 2012: | |||||||||||||||||||||||||
30-Sep-13 | Less Than 12 Months | 12 Months or More | Total | ||||||||||||||||||||||
(In Thousands) | Fair | Unrealized | Fair | Unrealized | Fair | Unrealized | |||||||||||||||||||
Value | Losses | Value | Losses | Value | Losses | ||||||||||||||||||||
Obligations of U.S. Government agencies | $ | 27,489 | $ | (1,426 | ) | $ | 0 | $ | 0 | $ | 27,489 | $ | (1,426 | ) | |||||||||||
Obligations of states and political subdivisions: | |||||||||||||||||||||||||
Tax-exempt | 42,396 | (1,771 | ) | 2,719 | (215 | ) | 45,115 | (1,986 | ) | ||||||||||||||||
Taxable | 14,013 | (550 | ) | 2,117 | (82 | ) | 16,130 | (632 | ) | ||||||||||||||||
Mortgage-backed securities | 9,525 | (241 | ) | 0 | 0 | 9,525 | (241 | ) | |||||||||||||||||
Collateralized mortgage obligations, | |||||||||||||||||||||||||
Issued by U.S. Government agencies | 82,290 | (2,487 | ) | 4,609 | (158 | ) | 86,899 | (2,645 | ) | ||||||||||||||||
Total debt securities | 175,713 | (6,475 | ) | 9,445 | (455 | ) | 185,158 | (6,930 | ) | ||||||||||||||||
Marketable equity securities | 5 | (1 | ) | 0 | 0 | 5 | (1 | ) | |||||||||||||||||
Total temporarily impaired available-for-sale securities | $ | 175,718 | $ | (6,476 | ) | $ | 9,445 | $ | (455 | ) | $ | 185,163 | $ | (6,931 | ) | ||||||||||
31-Dec-12 | Less Than 12 Months | 12 Months or More | Total | ||||||||||||||||||||||
(In Thousands) | Fair | Unrealized | Fair | Unrealized | Fair | Unrealized | |||||||||||||||||||
Value | Losses | Value | Losses | Value | Losses | ||||||||||||||||||||
Obligations of U.S. Government agencies | $ | 10,006 | $ | (50 | ) | $ | 0 | $ | 0 | $ | 10,006 | $ | (50 | ) | |||||||||||
Obligations of states and political subdivisions: | |||||||||||||||||||||||||
Tax-exempt | 7,082 | (92 | ) | 3,285 | (86 | ) | 10,367 | (178 | ) | ||||||||||||||||
Taxable | 4,149 | (71 | ) | 0 | 0 | 4,149 | (71 | ) | |||||||||||||||||
Collateralized mortgage obligations, | |||||||||||||||||||||||||
Issued by U.S. Government agencies | 16,755 | (146 | ) | 454 | (1 | ) | 17,209 | (147 | ) | ||||||||||||||||
Collateralized debt obligations, | |||||||||||||||||||||||||
Pooled trust preferred securities - senior tranches | 0 | 0 | 1,613 | (2 | ) | 1,613 | (2 | ) | |||||||||||||||||
Total debt securities | 37,992 | (359 | ) | 5,352 | (89 | ) | 43,344 | (448 | ) | ||||||||||||||||
Marketable equity securities | 95 | (6 | ) | 67 | (33 | ) | 162 | (39 | ) | ||||||||||||||||
Total temporarily impaired available-for-sale securities | $ | 38,087 | $ | (365 | ) | $ | 5,419 | $ | (122 | ) | $ | 43,506 | $ | (487 | ) | ||||||||||
Gains and losses from available-for-sale securities were as follows: | |||||||||||||||||||||||||
(In Thousands) | 3 Months Ended | 9 Months Ended | |||||||||||||||||||||||
Sept. 30, | Sept. 30, | Sept. 30, | Sept. 30, | ||||||||||||||||||||||
2013 | 2012 | 2013 | 2012 | ||||||||||||||||||||||
Gross realized gains from sales | $ | 193 | $ | 2,430 | $ | 1,595 | $ | 2,747 | |||||||||||||||||
Gross realized losses from sales | 0 | 0 | (118 | ) | (49 | ) | |||||||||||||||||||
Losses from OTTI impairment | 0 | 0 | (25 | ) | (67 | ) | |||||||||||||||||||
Net realized gains | $ | 193 | $ | 2,430 | $ | 1,452 | $ | 2,631 | |||||||||||||||||
The amortized cost and fair value of available-for-sale debt securities by contractual maturity are shown in the following table as of September 30, 2013. Actual maturities may differ from contractual maturities because counterparties may have the right to call or prepay obligations with or without call or prepayment penalties. | |||||||||||||||||||||||||
(In Thousands) | Amortized | Fair | |||||||||||||||||||||||
Cost | Value | ||||||||||||||||||||||||
Due in one year or less | $ | 26,404 | $ | 26,650 | |||||||||||||||||||||
Due from one year through five years | 43,581 | 44,227 | |||||||||||||||||||||||
Due from five years through ten years | 77,448 | 75,606 | |||||||||||||||||||||||
Due after ten years | 62,138 | 62,868 | |||||||||||||||||||||||
Subtotal | 209,571 | 209,351 | |||||||||||||||||||||||
Mortgage-backed securities | 80,190 | 82,354 | |||||||||||||||||||||||
Collateralized mortgage obligations, | |||||||||||||||||||||||||
Issued by U.S. Government agencies | 176,208 | 175,078 | |||||||||||||||||||||||
Total | $ | 465,969 | $ | 466,783 | |||||||||||||||||||||
The Corporation’s mortgage-backed securities and collateralized mortgage obligations have stated maturities that may differ from actual maturities due to borrowers’ ability to prepay obligations. Cash flows from such investments are dependent upon the performance of the underlying mortgage loans and are generally influenced by the level of interest rates. In the table above, mortgage-backed securities and collateralized mortgage obligations are shown in one period. | |||||||||||||||||||||||||
Investment securities carried at $320,598,000 at September 30, 2013 and $293,310,000 at December 31, 2012 were pledged as collateral for public deposits, trusts and certain other deposits as provided by law. See Note 8 for information concerning securities pledged to secure borrowing arrangements. | |||||||||||||||||||||||||
Management evaluates securities for other-than-temporary impairment (OTTI) at least on a quarterly basis, and more frequently when economic or market conditions warrant such evaluation. Consideration is given to (1) the length of time and the extent to which the fair value has been less than cost, (2) the financial condition and near-term prospects of the issuer, and (3) whether the Corporation intends to sell the security or more likely than not will be required to sell the security before its anticipated recovery. | |||||||||||||||||||||||||
A summary of information management considered in evaluating debt and equity securities for OTTI at September 30, 2013 is provided below. | |||||||||||||||||||||||||
Debt Securities | |||||||||||||||||||||||||
At September 30, 2013, management performed an assessment for possible OTTI of the Corporation’s debt securities on an issue-by-issue basis, relying on information obtained from various sources, including publicly available financial data, ratings by external agencies, brokers and other sources. The extent of individual analysis applied to each security depended on the size of the Corporation’s investment, as well as management’s perception of the credit risk associated with each security. Based on the results of the assessment, management believes impairment of debt securities, including municipal bonds with no external ratings, at September 30, 2013 to be temporary. | |||||||||||||||||||||||||
At September 30, 2013, the total amortized cost basis of municipal bonds with no external credit ratings was $20,587,000, with an aggregate unrealized loss of $869,000. At the time of purchase, each of these bonds was considered investment grade and had been rated by at least one credit rating agency. Most of the bonds for which credit rating agencies have withdrawn their ratings were insured by an entity that has reported significant financial problems and declines in its regulatory capital ratios, and most of the ratings were removed in the fourth quarter 2009. However, the insurance remains in effect on the bonds. In the third quarter 2013, a credit rating agency withdrew its ratings on several bonds due to changes in its rating methodology related to credit enhancement programs provided by issuers’ state governments. However, the credit enhancement remains in effect on the bonds. None of the unrated municipal bonds has failed to make a scheduled payment. | |||||||||||||||||||||||||
The Corporation recognized OTTI charges in 2009 and 2010 related to its holding of a trust preferred security issued by Carolina First Mortgage Loan Trust, a subsidiary of The South Financial Group, Inc. In the fourth quarter 2010, The Toronto-Dominion Bank acquired The South Financial Group, Inc. After the acquisition, The Toronto-Dominion Bank made a payment for the full amount of previously deferred interest and resumed quarterly payments on the security. The Corporation recognized a material change in the expected cash flows in the fourth quarter 2010 and began recording accretion income (included in interest income) to offset the previous OTTI charges as an adjustment to the security’s yield over its remaining life. The security had a face amount of $2,000,000 and matured in May 2012. Because the security matured, the Corporation recorded no accretion income in the three-month and nine-month periods ended September 30, 2013. The Corporation recorded no accretion income in the three-month period ended September 30, 2012 but recorded accretion income (included in interest income) totaling $855,000 in the nine-month period ended September 30, 2012. For the year ended December 31, 2012, the Corporation recorded accretion income totaling $855,000. | |||||||||||||||||||||||||
During the first quarter 2013, management sold the Corporation’s holding of the mezzanine tranche of ALESCO Preferred Funding IX, Ltd. for aggregate pretax proceeds of $571,000, which was recorded as a gain on the sale of securities. This security had an original face amount of $3,000,000. In 2009, the Corporation recognized other-than-temporary impairment on this security and wrote the carrying value down to zero. | |||||||||||||||||||||||||
During the second quarter 2013, the Corporation’s holding of the senior tranche of MMCAPS Funding I, Ltd., a pooled trust preferred security, was fully redeemed primarily due to prepayments of debt by the underlying issuers in the pool. The Corporation received aggregate proceeds of $1,636,000, which included a realized pretax gain of $23,000. Also during the second quarter 2013, Astoria Financial Corporation redeemed (called) the trust preferred security held by the Corporation. The Corporation received aggregate proceeds of $5,171,000, which included a realized pretax gain of $13,000. | |||||||||||||||||||||||||
Equity Securities | |||||||||||||||||||||||||
The Corporation’s marketable equity securities at September 30, 2013 and December 31, 2012 consisted exclusively of stocks of banking companies. In the first quarter 2013, the Corporation recognized an other-than-temporary impairment loss related to a bank stock of $25,000. In the first quarter 2012, the Corporation recognized an other-than-temporary impairment loss related to a bank stock of $67,000. Management’s decisions followed evaluations of the issuers’ published financial results in which management determined that the recovery of the Corporation’s cost basis within the foreseeable future was uncertain. As a result of this determination, the Corporation recognized impairment losses to write each stock down to the most recent trade price at the end of the quarter in which each loss was recognized. At September 30, 2013, management did not intend to sell impaired bank stocks, and based on the intent to hold the securities for the foreseeable future and other factors specific to the securities, has determined that none of the Corporation’s bank stock holdings were other than temporarily impaired at September 30, 2013. | |||||||||||||||||||||||||
Realized gains from sales of bank stocks totaled $188,000 in the three-month period ended September 30, 2013 and $766,000 in the nine-month period ended September 30, 2013. Realized gains from sales of bank stocks totaled $538,000 in the three-month and nine-month periods ended September 30, 2012. | |||||||||||||||||||||||||
C&N Bank is a member of the Federal Home Loan Bank of Pittsburgh (FHLB-Pittsburgh), which is one of 12 regional Federal Home Loan Banks. As a member, C&N Bank is required to purchase and maintain stock in FHLB-Pittsburgh. There is no active market for FHLB-Pittsburgh stock, and it must ordinarily be redeemed by FHLB-Pittsburgh in order to be liquidated. C&N Bank’s investment in FHLB-Pittsburgh stock, included in Other Assets in the consolidated balance sheet, was $2,859,000 at September 30, 2013 and $4,712,000 at December 31, 2012. The Corporation evaluated its holding of FHLB-Pittsburgh stock for impairment and deemed the stock to not be impaired at September 30, 2013 and December 31, 2012. In making this determination, management concluded that recovery of total outstanding par value, which equals the carrying value, is expected. The decision was based on review of financial information that FHLB-Pittsburgh has made publicly available. |
Note_7_Loans
Note 7 - Loans | 9 Months Ended | ||||||||||||||||||||||||||||||||
Sep. 30, 2013 | |||||||||||||||||||||||||||||||||
Receivables [Abstract] | ' | ||||||||||||||||||||||||||||||||
Loans, Notes, Trade and Other Receivables Disclosure [Text Block] | ' | ||||||||||||||||||||||||||||||||
7. LOANS | |||||||||||||||||||||||||||||||||
The loans receivable portfolio is segmented into residential mortgage, commercial and consumer loans. The residential mortgage segment includes the following classes: first and junior lien residential mortgages, home equity lines of credit and residential construction loans. The most significant classes of commercial loans are commercial loans secured by real estate, non-real estate secured commercial and industrial loans, loans to political subdivisions, commercial construction and land loans, and loans secured by farmland. | |||||||||||||||||||||||||||||||||
Loans outstanding at September 30, 2013 and December 31, 2012 are summarized as follows: | |||||||||||||||||||||||||||||||||
(In Thousands) | Sept. 30, | Dec. 31, | |||||||||||||||||||||||||||||||
2013 | 2012 | ||||||||||||||||||||||||||||||||
Residential mortgage: | |||||||||||||||||||||||||||||||||
Residential mortgage loans - first liens | $ | 301,794 | $ | 311,627 | |||||||||||||||||||||||||||||
Residential mortgage loans - junior liens | 24,079 | 26,748 | |||||||||||||||||||||||||||||||
Home equity lines of credit | 34,360 | 33,017 | |||||||||||||||||||||||||||||||
1-4 Family residential construction | 15,746 | 12,842 | |||||||||||||||||||||||||||||||
Total residential mortgage | 375,979 | 384,234 | |||||||||||||||||||||||||||||||
Commercial: | |||||||||||||||||||||||||||||||||
Commercial loans secured by real estate | 151,602 | 158,413 | |||||||||||||||||||||||||||||||
Commercial and industrial | 44,312 | 48,442 | |||||||||||||||||||||||||||||||
Political subdivisions | 13,905 | 31,789 | |||||||||||||||||||||||||||||||
Commercial construction and land | 21,630 | 28,200 | |||||||||||||||||||||||||||||||
Loans secured by farmland | 10,711 | 11,403 | |||||||||||||||||||||||||||||||
Multi-family (5 or more) residential | 5,994 | 6,745 | |||||||||||||||||||||||||||||||
Agricultural loans | 3,085 | 3,053 | |||||||||||||||||||||||||||||||
Other commercial loans | 9,858 | 362 | |||||||||||||||||||||||||||||||
Total commercial | 261,097 | 288,407 | |||||||||||||||||||||||||||||||
Consumer | 11,399 | 11,269 | |||||||||||||||||||||||||||||||
Total | 648,475 | 683,910 | |||||||||||||||||||||||||||||||
Less: allowance for loan losses | (7,130 | ) | (6,857 | ) | |||||||||||||||||||||||||||||
Loans, net | $ | 641,345 | $ | 677,053 | |||||||||||||||||||||||||||||
The Corporation grants loans to individuals as well as commercial and tax-exempt entities. Commercial, residential and personal loans are made to customers geographically concentrated in the Pennsylvania and New York counties that comprise the market serviced by Citizens & Northern Bank. Although the Corporation has a diversified loan portfolio, a significant portion of its debtors’ ability to honor their contracts is dependent on the local economic conditions within the region. There is no concentration of loans to borrowers engaged in similar businesses or activities that exceed 10% of total loans at either September 30, 2013 or December 31, 2012. | |||||||||||||||||||||||||||||||||
The Corporation maintains an allowance for loan losses that represents management’s estimate of the losses inherent in the loan portfolio as of the balance sheet date and recorded as a reduction of the investment in loans. The allowance for loan losses is maintained at a level considered adequate to provide for losses that can be reasonably anticipated. Management performs a quarterly evaluation of the adequacy of the allowance. The allowance is based on the Corporation’s past loan loss experience, known and inherent risks in the portfolio, adverse situations that may affect the borrower’s ability to repay, the estimated value of any underlying collateral, composition of the loan portfolio, current economic conditions and other relevant factors. This evaluation is inherently subjective as it requires material estimates that may be susceptible to significant revision as more information becomes available. In the process of evaluating the loan portfolio, management also considers the Corporation’s exposure to losses from unfunded loan commitments. As of September 30, 2013 and December 31, 2012, management determined that no allowance for credit losses related to unfunded loan commitments was required. | |||||||||||||||||||||||||||||||||
Transactions within the allowance for loan losses, summarized by segment and class, for the three-month and nine-month periods ended September 30, 2013 and 2012 were as follows: | |||||||||||||||||||||||||||||||||
(In Thousands) | Dec. 31, | Charge-offs | Recoveries | Provision | Sept. 30, | ||||||||||||||||||||||||||||
2012 | (Credit) | 2013 | |||||||||||||||||||||||||||||||
Balance | Balance | ||||||||||||||||||||||||||||||||
Allowance for Loan Losses: | |||||||||||||||||||||||||||||||||
Residential mortgage: | |||||||||||||||||||||||||||||||||
Residential mortgage loans - first liens | $ | 2,619 | $ | (65 | ) | $ | 11 | $ | 360 | $ | 2,925 | ||||||||||||||||||||||
Residential mortgage loans - junior liens | 247 | 0 | 0 | (33 | ) | 214 | |||||||||||||||||||||||||||
Home equity lines of credit | 255 | 0 | 0 | 13 | 268 | ||||||||||||||||||||||||||||
1-4 Family residential construction | 96 | (11 | ) | 0 | 104 | 189 | |||||||||||||||||||||||||||
Total residential mortgage | 3,217 | (76 | ) | 11 | 444 | 3,596 | |||||||||||||||||||||||||||
Commercial: | |||||||||||||||||||||||||||||||||
Commercial loans secured by real estate | 1,930 | (169 | ) | 343 | (442 | ) | 1,662 | ||||||||||||||||||||||||||
Commercial and industrial | 581 | (286 | ) | 3 | 298 | 596 | |||||||||||||||||||||||||||
Political subdivisions | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||||||||||||||
Commercial construction and land | 234 | (4 | ) | 0 | 164 | 394 | |||||||||||||||||||||||||||
Loans secured by farmland | 129 | 0 | 0 | (12 | ) | 117 | |||||||||||||||||||||||||||
Multi-family (5 or more) residential | 67 | 0 | 0 | (12 | ) | 55 | |||||||||||||||||||||||||||
Agricultural loans | 27 | 0 | 0 | 1 | 28 | ||||||||||||||||||||||||||||
Other commercial loans | 3 | 0 | 0 | 88 | 91 | ||||||||||||||||||||||||||||
Total commercial | 2,971 | (459 | ) | 346 | 85 | 2,943 | |||||||||||||||||||||||||||
Consumer | 228 | (84 | ) | 47 | 2 | 193 | |||||||||||||||||||||||||||
Unallocated | 441 | 0 | 0 | (43 | ) | 398 | |||||||||||||||||||||||||||
Total Allowance for Loan Losses | $ | 6,857 | $ | (619 | ) | $ | 404 | $ | 488 | $ | 7,130 | ||||||||||||||||||||||
(In Thousands) | Dec. 31, | Charge-offs | Recoveries | Provision | Sept. 30, | ||||||||||||||||||||||||||||
2011 | (Credit) | 2012 | |||||||||||||||||||||||||||||||
Balance | Balance | ||||||||||||||||||||||||||||||||
Allowance for Loan Losses: | |||||||||||||||||||||||||||||||||
Residential mortgage: | |||||||||||||||||||||||||||||||||
Residential mortgage loans - first liens | $ | 3,026 | $ | (222 | ) | $ | 18 | $ | 154 | $ | 2,976 | ||||||||||||||||||||||
Residential mortgage loans - junior liens | 266 | 0 | 0 | (14 | ) | 252 | |||||||||||||||||||||||||||
Home equity lines of credit | 231 | 0 | 0 | 20 | 251 | ||||||||||||||||||||||||||||
1-4 Family residential construction | 79 | 0 | 0 | 19 | 98 | ||||||||||||||||||||||||||||
Total residential mortgage | 3,602 | (222 | ) | 18 | 179 | 3,577 | |||||||||||||||||||||||||||
Commercial: | |||||||||||||||||||||||||||||||||
Commercial loans secured by real estate | 2,004 | 0 | 0 | (28 | ) | 1,976 | |||||||||||||||||||||||||||
Commercial and industrial | 946 | (43 | ) | 6 | (232 | ) | 677 | ||||||||||||||||||||||||||
Political subdivisions | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||||||||||||||
Commercial construction and land | 267 | 0 | 0 | 409 | 676 | ||||||||||||||||||||||||||||
Loans secured by farmland | 126 | 0 | 0 | (6 | ) | 120 | |||||||||||||||||||||||||||
Multi-family (5 or more) residential | 66 | 0 | 0 | (5 | ) | 61 | |||||||||||||||||||||||||||
Agricultural loans | 27 | 0 | 0 | 2 | 29 | ||||||||||||||||||||||||||||
Other commercial loans | 5 | 0 | 0 | (2 | ) | 3 | |||||||||||||||||||||||||||
Total commercial | 3,441 | (43 | ) | 6 | 138 | 3,542 | |||||||||||||||||||||||||||
Consumer | 228 | (139 | ) | 46 | 103 | 238 | |||||||||||||||||||||||||||
Unallocated | 434 | 0 | 0 | 1 | 435 | ||||||||||||||||||||||||||||
Total Allowance for Loan Losses | $ | 7,705 | $ | (404 | ) | $ | 70 | $ | 421 | $ | 7,792 | ||||||||||||||||||||||
(In Thousands) | June 30, | Charge-offs | Recoveries | Provision | Sept. 30, | ||||||||||||||||||||||||||||
2013 | (Credit) | 2013 | |||||||||||||||||||||||||||||||
Balance | Balance | ||||||||||||||||||||||||||||||||
Allowance for Loan Losses: | |||||||||||||||||||||||||||||||||
Residential mortgage: | |||||||||||||||||||||||||||||||||
Residential mortgage loans - first liens | $ | 2,871 | $ | 0 | $ | 0 | $ | 54 | $ | 2,925 | |||||||||||||||||||||||
Residential mortgage loans - junior liens | 229 | 0 | 0 | (15 | ) | 214 | |||||||||||||||||||||||||||
Home equity lines of credit | 258 | 0 | 0 | 10 | 268 | ||||||||||||||||||||||||||||
1-4 Family residential construction | 179 | 0 | 0 | 10 | 189 | ||||||||||||||||||||||||||||
Total residential mortgage | 3,537 | 0 | 0 | 59 | 3,596 | ||||||||||||||||||||||||||||
Commercial: | |||||||||||||||||||||||||||||||||
Commercial loans secured by real estate | 1,944 | (169 | ) | 50 | (163 | ) | 1,662 | ||||||||||||||||||||||||||
Commercial and industrial | 628 | (176 | ) | 1 | 143 | 596 | |||||||||||||||||||||||||||
Political subdivisions | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||||||||||||||
Commercial construction and land | 258 | 0 | 0 | 136 | 394 | ||||||||||||||||||||||||||||
Loans secured by farmland | 121 | 0 | 0 | (4 | ) | 117 | |||||||||||||||||||||||||||
Multi-family (5 or more) residential | 64 | 0 | 0 | (9 | ) | 55 | |||||||||||||||||||||||||||
Agricultural loans | 28 | 0 | 0 | 0 | 28 | ||||||||||||||||||||||||||||
Other commercial loans | 5 | 0 | 0 | 86 | 91 | ||||||||||||||||||||||||||||
Total commercial | 3,048 | (345 | ) | 51 | 189 | 2,943 | |||||||||||||||||||||||||||
Consumer | 215 | (29 | ) | 16 | (9 | ) | 193 | ||||||||||||||||||||||||||
Unallocated | 398 | 0 | 0 | 0 | 398 | ||||||||||||||||||||||||||||
Total Allowance for Loan Losses | $ | 7,198 | $ | (374 | ) | $ | 67 | $ | 239 | $ | 7,130 | ||||||||||||||||||||||
(In Thousands) | June 30, | Charge-offs | Recoveries | Provision | Sept. 30, | ||||||||||||||||||||||||||||
2012 | (Credit) | 2012 | |||||||||||||||||||||||||||||||
Balance | Balance | ||||||||||||||||||||||||||||||||
Allowance for Loan Losses: | |||||||||||||||||||||||||||||||||
Residential mortgage: | |||||||||||||||||||||||||||||||||
Residential mortgage loans - first liens | $ | 2,888 | $ | (34 | ) | $ | 0 | $ | 122 | 2,976 | |||||||||||||||||||||||
Residential mortgage loans - junior liens | 254 | 0 | 0 | (2 | ) | 252 | |||||||||||||||||||||||||||
Home equity lines of credit | 245 | 0 | 0 | 6 | 251 | ||||||||||||||||||||||||||||
1-4 Family residential construction | 80 | 0 | 0 | 18 | 98 | ||||||||||||||||||||||||||||
Total residential mortgage | 3,467 | (34 | ) | 0 | 144 | 3,577 | |||||||||||||||||||||||||||
Commercial: | |||||||||||||||||||||||||||||||||
Commercial loans secured by real estate | 1,976 | 0 | 0 | 0 | 1,976 | ||||||||||||||||||||||||||||
Commercial and industrial | 712 | (8 | ) | 1 | (28 | ) | 677 | ||||||||||||||||||||||||||
Political subdivisions | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||||||||||||||
Commercial construction and land | 606 | 0 | 0 | 70 | 676 | ||||||||||||||||||||||||||||
Loans secured by farmland | 117 | 0 | 0 | 3 | 120 | ||||||||||||||||||||||||||||
Multi-family (5 or more) residential | 64 | 0 | 0 | (3 | ) | 61 | |||||||||||||||||||||||||||
Agricultural loans | 29 | 0 | 0 | 0 | 29 | ||||||||||||||||||||||||||||
Other commercial loans | 5 | 0 | 0 | (2 | ) | 3 | |||||||||||||||||||||||||||
Total commercial | 3,509 | (8 | ) | 1 | 40 | 3,542 | |||||||||||||||||||||||||||
Consumer | 245 | (71 | ) | 11 | 53 | 238 | |||||||||||||||||||||||||||
Unallocated | 436 | 0 | 0 | (1 | ) | 435 | |||||||||||||||||||||||||||
Total Allowance for Loan Losses | $ | 7,657 | $ | (113 | ) | $ | 12 | $ | 236 | $ | 7,792 | ||||||||||||||||||||||
In the evaluation of the loan portfolio, management determines two major components for the allowance for loan losses – (1) a specific component based on an assessment of certain larger relationships, mainly commercial purpose loans, on a loan-by-loan basis; and (2) a general component for the remainder of the portfolio based on a collective evaluation of pools of loans with similar risk characteristics. The general component is assigned to each pool of loans based on both historical net charge-off experience, and an evaluation of certain qualitative factors. An unallocated component is maintained to cover uncertainties that could affect management’s estimate of probable losses. The unallocated component of the allowance reflects the margin of imprecision inherent in the underlying assumptions used in the above methodologies for estimating specific and general losses in the portfolio. | |||||||||||||||||||||||||||||||||
In determining the larger loan relationships for detailed assessment under the specific allowance component, the Corporation uses an internal risk rating system. Under the risk rating system, the Corporation classifies problem or potential problem loans as “Special Mention,” “Substandard,” or “Doubtful” on the basis of currently existing facts, conditions and values. Substandard loans include those characterized by the distinct possibility that the Corporation will sustain some loss if the deficiencies are not corrected. Loans classified as Doubtful have all the weaknesses inherent in those classified as Substandard with the added characteristic that the weaknesses present make collection or liquidation in full, on the basis of currently existing facts, conditions and values, highly questionable and improbable. Loans that do not currently expose the Corporation to sufficient risk to warrant classification as Substandard or Doubtful, but possess weaknesses that deserve management’s close attention, are deemed to be Special Mention. Risk ratings are updated any time that conditions or the situation warrants. Loans not classified are included in the “Pass” column in the table below. | |||||||||||||||||||||||||||||||||
The following tables summarize the aggregate credit quality classification of outstanding loans by risk rating as of September 30, 2013 and December 31, 2012: | |||||||||||||||||||||||||||||||||
September 30, 2013: | Pass | Special | Substandard | Doubtful | Total | ||||||||||||||||||||||||||||
(In Thousands) | Mention | ||||||||||||||||||||||||||||||||
Residential Mortgage: | |||||||||||||||||||||||||||||||||
Residential mortgage loans - first liens | $ | 287,370 | $ | 2,525 | $ | 11,714 | $ | 185 | $ | 301,794 | |||||||||||||||||||||||
Residential mortgage loans - junior liens | 23,004 | 254 | 821 | 0 | 24,079 | ||||||||||||||||||||||||||||
Home equity lines of credit | 34,019 | 50 | 291 | 0 | 34,360 | ||||||||||||||||||||||||||||
1-4 Family residential construction | 15,674 | 0 | 72 | 0 | 15,746 | ||||||||||||||||||||||||||||
Total residential mortgage | 360,067 | 2,829 | 12,898 | 185 | 375,979 | ||||||||||||||||||||||||||||
Commercial: | |||||||||||||||||||||||||||||||||
Commercial loans secured by real estate | 134,974 | 12,196 | 4,285 | 147 | 151,602 | ||||||||||||||||||||||||||||
Commercial and Industrial | 37,610 | 3,575 | 2,877 | 250 | 44,312 | ||||||||||||||||||||||||||||
Political subdivisions | 13,905 | 0 | 0 | 0 | 13,905 | ||||||||||||||||||||||||||||
Commercial construction and land | 18,534 | 222 | 2,126 | 748 | 21,630 | ||||||||||||||||||||||||||||
Loans secured by farmland | 8,500 | 763 | 1,417 | 31 | 10,711 | ||||||||||||||||||||||||||||
Multi-family (5 or more) residential | 5,666 | 323 | 5 | 0 | 5,994 | ||||||||||||||||||||||||||||
Agricultural loans | 2,997 | 36 | 52 | 0 | 3,085 | ||||||||||||||||||||||||||||
Other commercial loans | 9,756 | 102 | 0 | 0 | 9,858 | ||||||||||||||||||||||||||||
Total commercial | 231,942 | 17,217 | 10,762 | 1,176 | 261,097 | ||||||||||||||||||||||||||||
Consumer | 11,219 | 11 | 168 | 1 | 11,399 | ||||||||||||||||||||||||||||
Totals | $ | 603,228 | $ | 20,057 | $ | 23,828 | $ | 1,362 | $ | 648,475 | |||||||||||||||||||||||
December 31, 2012: | Pass | Special | Substandard | Doubtful | Total | ||||||||||||||||||||||||||||
(In Thousands) | Mention | ||||||||||||||||||||||||||||||||
Residential Mortgage: | |||||||||||||||||||||||||||||||||
Residential mortgage loans - first liens | $ | 295,929 | $ | 3,633 | $ | 11,872 | $ | 193 | $ | 311,627 | |||||||||||||||||||||||
Residential mortgage loans - junior liens | 25,394 | 420 | 934 | 0 | 26,748 | ||||||||||||||||||||||||||||
Home equity lines of credit | 32,374 | 130 | 513 | 0 | 33,017 | ||||||||||||||||||||||||||||
1-4 Family residential construction | 12,759 | 0 | 83 | 0 | 12,842 | ||||||||||||||||||||||||||||
Total residential mortgage | 366,456 | 4,183 | 13,402 | 193 | 384,234 | ||||||||||||||||||||||||||||
Commercial: | |||||||||||||||||||||||||||||||||
Commercial loans secured by real estate | 146,381 | 6,994 | 5,038 | 0 | 158,413 | ||||||||||||||||||||||||||||
Commercial and Industrial | 41,237 | 3,030 | 3,810 | 365 | 48,442 | ||||||||||||||||||||||||||||
Political subdivisions | 31,679 | 110 | 0 | 0 | 31,789 | ||||||||||||||||||||||||||||
Commercial construction and land | 26,744 | 231 | 477 | 748 | 28,200 | ||||||||||||||||||||||||||||
Loans secured by farmland | 9,102 | 751 | 1,517 | 33 | 11,403 | ||||||||||||||||||||||||||||
Multi-family (5 or more) residential | 6,394 | 342 | 9 | 0 | 6,745 | ||||||||||||||||||||||||||||
Agricultural loans | 2,963 | 28 | 62 | 0 | 3,053 | ||||||||||||||||||||||||||||
Other commercial loans | 362 | 0 | 0 | 0 | 362 | ||||||||||||||||||||||||||||
Total commercial | 264,862 | 11,486 | 10,913 | 1,146 | 288,407 | ||||||||||||||||||||||||||||
Consumer | 11,053 | 12 | 203 | 1 | 11,269 | ||||||||||||||||||||||||||||
Totals | $ | 642,371 | $ | 15,681 | $ | 24,518 | $ | 1,340 | $ | 683,910 | |||||||||||||||||||||||
The general component of the allowance for loan losses covers pools of loans including commercial loans not considered individually impaired, as well as smaller balance homogeneous classes of loans, such as residential real estate, home equity lines of credit and other consumer loans. Accordingly, the Corporation generally does not separately identify individual consumer and residential loans for impairment disclosures, unless such loans are subject to a restructuring agreement. The pools of loans are evaluated for loss exposure based upon average historical net charge-off rates for each loan class, adjusted for qualitative factors (described in the following paragraph). At September 30, 2013, the Corporation used net charge-offs as a percentage of average outstanding loans for the previous thirty-six months to estimate a portion of the collectively determined allowance. Previously, the Corporation used net charge-offs as a percentage of average outstanding loans for the previous three calendar years. Had the Corporation not changed its methodology, the allowance for the residential mortgages segment would have been $37,000 higher and the allowance for the commercial segment would have been $33,000 lower at September 30, 2013 for a $4,000 higher overall allowance. Management believes utilizing net charge-offs for the previous thirty-six month period is more reflective of the losses inherent in the loan portfolio at September 30, 2013. | |||||||||||||||||||||||||||||||||
Qualitative risk factors are evaluated for the impact on each of the three segments (residential mortgage, commercial and consumer) within the loan portfolio. Each qualitative factor is assigned a value to reflect improving, stable or declining conditions based on management’s judgment using relevant information available at the time of the evaluation. The adjustment for qualitative factors is applied as an increase or decrease to the average net charge-off rate for each loan class within each segment. The Corporation’s credit risk associated with all of the segments is significantly impacted by these factors, which include economic conditions within its market area, the Corporation’s lending policies, changes or trends in the portfolio, risk profile, competition, regulatory requirements and other factors. Further, the residential mortgage segment is significantly affected by the values of residential real estate that provide collateral for the loans. The majority of the Corporation’s commercial segment loans (approximately 73% at September 30, 2013) is secured by real estate, and accordingly, the Corporation’s risk for the commercial segment is significantly affected by commercial real estate values. The consumer segment includes a wide mix of loans for different purposes, primarily secured loans, including loans secured by motor vehicles, manufactured housing and other types of collateral. | |||||||||||||||||||||||||||||||||
Loans are classified as impaired, when, based on current information and events, it is probable that the Corporation will be unable to collect the scheduled payments of principal or interest when due according to the contractual terms of the loan agreement. Factors considered by management in determining impairment include payment status, collateral value and the probability of collecting scheduled principal and interest payments when due. Loans that experience insignificant payment delays and payment shortfalls generally are not classified as impaired. Management determines the significance of payment delays and payment shortfalls on a case-by-case basis, taking into consideration all of the circumstances surrounding the loan and the borrower, including the length of the delay, the reasons for the delay, the borrower’s prior payment record and the amount of shortfall in relation to the principal and interest owed. Impairment is measured on a loan-by-loan basis for commercial loans, by the fair value of the collateral (if the loan is collateral dependent), by future cash flows discounted at the loan’s effective rate or by the loan’s observable market price. | |||||||||||||||||||||||||||||||||
The scope of loans evaluated individually for impairment include all loan relationships greater than $200,000 for which there is at least one extension of credit graded Special Mention, Substandard or Doubtful. Also, all loans classified as troubled debt restructurings (discussed in more detail below) and all loan relationships less than $200,000 in the aggregate, but with an estimated loss of $100,000 or more, are individually evaluated for impairment. Loans that are individually evaluated for impairment, but which are not determined to be impaired, are combined with all remaining loans that are not reviewed on a specific basis, and such loans are included within larger pools of loans based on similar risk and loss characteristics for purposes of determining the general component of the allowance. The loans that have been individually evaluated, but which have not been determined to be impaired, are included in the “Collectively Evaluated” column in the tables summarizing the allowance and associated loan balances as of September 30, 2013 and December 31, 2012. | |||||||||||||||||||||||||||||||||
The following tables present a summary of loan balances and the related allowance for loan losses summarized by portfolio segment and class for each impairment method used as of September 30, 2013 and December 31, 2012: | |||||||||||||||||||||||||||||||||
30-Sep-13 | Loans: | Allowance for Loan Losses: | |||||||||||||||||||||||||||||||
(In Thousands) | |||||||||||||||||||||||||||||||||
Individually | Collectively | Totals | Individually | Collectively | Totals | ||||||||||||||||||||||||||||
Evaluated | Evaluated | Evaluated | Evaluated | ||||||||||||||||||||||||||||||
Residential mortgage: | |||||||||||||||||||||||||||||||||
Residential mortgage loans - first liens | $ | 3,191 | $ | 298,603 | $ | 301,794 | $ | 387 | $ | 2,538 | $ | 2,925 | |||||||||||||||||||||
Residential mortgage loans - junior liens | 312 | 23,767 | 24,079 | 0 | 214 | 214 | |||||||||||||||||||||||||||
Home equity lines of credit | 0 | 34,360 | 34,360 | 0 | 268 | 268 | |||||||||||||||||||||||||||
1-4 Family residential construction | 0 | 15,746 | 15,746 | 0 | 189 | 189 | |||||||||||||||||||||||||||
Total residential mortgage | 3,503 | 372,476 | 375,979 | 387 | 3,209 | 3,596 | |||||||||||||||||||||||||||
Commercial: | |||||||||||||||||||||||||||||||||
Commercial loans secured by real estate | 1,557 | 150,045 | 151,602 | 27 | 1,635 | 1,662 | |||||||||||||||||||||||||||
Commercial and industrial | 1,010 | 43,302 | 44,312 | 116 | 480 | 596 | |||||||||||||||||||||||||||
Political subdivisions | 0 | 13,905 | 13,905 | 0 | 0 | 0 | |||||||||||||||||||||||||||
Commercial construction and land | 2,805 | 18,825 | 21,630 | 142 | 252 | 394 | |||||||||||||||||||||||||||
Loans secured by farmland | 1,333 | 9,378 | 10,711 | 31 | 86 | 117 | |||||||||||||||||||||||||||
Multi-family (5 or more) residential | 5 | 5,989 | 5,994 | 0 | 55 | 55 | |||||||||||||||||||||||||||
Agricultural loans | 37 | 3,048 | 3,085 | 0 | 28 | 28 | |||||||||||||||||||||||||||
Other commercial loans | 0 | 9,858 | 9,858 | 0 | 91 | 91 | |||||||||||||||||||||||||||
Total commercial | 6,747 | 254,350 | 261,097 | 316 | 2,627 | 2,943 | |||||||||||||||||||||||||||
Consumer | 6 | 11,393 | 11,399 | 0 | 193 | 193 | |||||||||||||||||||||||||||
Unallocated | 398 | ||||||||||||||||||||||||||||||||
Total | $ | 10,256 | $ | 638,219 | $ | 648,475 | $ | 703 | $ | 6,029 | $ | 7,130 | |||||||||||||||||||||
31-Dec-12 | Loans: | Allowance for Loan Losses: | |||||||||||||||||||||||||||||||
(In Thousands) | |||||||||||||||||||||||||||||||||
Individually | Collectively | Totals | Individually | Collectively | Totals | ||||||||||||||||||||||||||||
Evaluated | Evaluated | Evaluated | Evaluated | ||||||||||||||||||||||||||||||
Residential mortgage: | |||||||||||||||||||||||||||||||||
Residential mortgage loans - first liens | $ | 2,341 | $ | 309,286 | $ | 311,627 | $ | 206 | $ | 2,413 | $ | 2,619 | |||||||||||||||||||||
Residential mortgage loans - junior liens | 158 | 26,590 | 26,748 | 0 | 247 | 247 | |||||||||||||||||||||||||||
Home equity lines of credit | 0 | 33,017 | 33,017 | 0 | 255 | 255 | |||||||||||||||||||||||||||
1-4 Family residential construction | 0 | 12,842 | 12,842 | 0 | 96 | 96 | |||||||||||||||||||||||||||
Total residential mortgage | 2,499 | 381,735 | 384,234 | 206 | 3,011 | 3,217 | |||||||||||||||||||||||||||
Commercial: | |||||||||||||||||||||||||||||||||
Commercial loans secured by real estate | 1,938 | 156,475 | 158,413 | 146 | 1,784 | 1,930 | |||||||||||||||||||||||||||
Commercial and industrial | 939 | 47,503 | 48,442 | 197 | 384 | 581 | |||||||||||||||||||||||||||
Political subdivisions | 0 | 31,789 | 31,789 | 0 | 0 | 0 | |||||||||||||||||||||||||||
Commercial construction and land | 1,034 | 27,166 | 28,200 | 0 | 234 | 234 | |||||||||||||||||||||||||||
Loans secured by farmland | 923 | 10,480 | 11,403 | 34 | 95 | 129 | |||||||||||||||||||||||||||
Multi-family (5 or more) residential | 9 | 6,736 | 6,745 | 0 | 67 | 67 | |||||||||||||||||||||||||||
Agricultural loans | 40 | 3,013 | 3,053 | 0 | 27 | 27 | |||||||||||||||||||||||||||
Other commercial loans | 0 | 362 | 362 | 0 | 3 | 3 | |||||||||||||||||||||||||||
Total commercial | 4,883 | 283,524 | 288,407 | 377 | 2,594 | 2,971 | |||||||||||||||||||||||||||
Consumer | 47 | 11,222 | 11,269 | 40 | 188 | 228 | |||||||||||||||||||||||||||
Unallocated | 441 | ||||||||||||||||||||||||||||||||
Total | $ | 7,429 | $ | 676,481 | $ | 683,910 | $ | 623 | $ | 5,793 | $ | 6,857 | |||||||||||||||||||||
The average balance of impaired loans and interest income recognized on impaired loans is as follows: | |||||||||||||||||||||||||||||||||
(In Thousands) | 3 Months Ended | 9 Months Ended | |||||||||||||||||||||||||||||||
September 30, | September 30, | ||||||||||||||||||||||||||||||||
2013 | 2012 | 2013 | 2012 | ||||||||||||||||||||||||||||||
Average investment in impaired loans | $ | 8,773 | $ | 7,325 | $ | 8,032 | $ | 7,175 | |||||||||||||||||||||||||
Interest income recognized on impaired loans | 163 | 90 | 291 | 228 | |||||||||||||||||||||||||||||
Interest income recognized on a cash basis on impaired loans | 163 | 90 | 291 | 228 | |||||||||||||||||||||||||||||
Loans are placed on nonaccrual status for all classes of loans when, in the opinion of management, collection of interest is doubtful. Any unpaid interest previously accrued on those loans is reversed from income. Interest income is not recognized on specific impaired loans unless the likelihood of further loss is remote. Interest payments received on loans for which the risk of further loss is greater than remote are applied as a reduction of the loan principal balance. Interest income on other nonaccrual loans is recognized only to the extent of interest payments received. Generally, loans are restored to accrual status when the obligation is brought current, has performed in accordance with the contractual terms for a reasonable period of time (generally six months) and the ultimate collectability of the total contractual principal and interest is no longer in doubt. The past due status of all classes of loans receivable is determined based on contractual due dates for loan payments. Also, the amortization of deferred loan fees is discontinued when a loan is placed on nonaccrual status. | |||||||||||||||||||||||||||||||||
The breakdown by portfolio segment and class of nonaccrual loans and loans past due ninety days or more and still accruing is as follows: | |||||||||||||||||||||||||||||||||
(In Thousands) | 30-Sep-13 | 31-Dec-12 | |||||||||||||||||||||||||||||||
Past Due | Nonaccrual | Past Due | Nonaccrual | ||||||||||||||||||||||||||||||
90+ Days and | 90+ Days and | ||||||||||||||||||||||||||||||||
Accruing | Accruing | ||||||||||||||||||||||||||||||||
Residential mortgage: | |||||||||||||||||||||||||||||||||
Residential mortgage loans - first liens | $ | 1,908 | $ | 3,135 | $ | 1,900 | $ | 3,064 | |||||||||||||||||||||||||
Residential mortgage loans - junior liens | 57 | 111 | 29 | 111 | |||||||||||||||||||||||||||||
Home equity lines of credit | 39 | 62 | 40 | 200 | |||||||||||||||||||||||||||||
1-4 Family residential construction | 0 | 72 | 0 | 0 | |||||||||||||||||||||||||||||
Total residential mortgage | 2,004 | 3,380 | 1,969 | 3,375 | |||||||||||||||||||||||||||||
Commercial: | |||||||||||||||||||||||||||||||||
Commercial loans secured by real estate | 565 | 1,071 | 120 | 1,338 | |||||||||||||||||||||||||||||
Commercial and industrial | 17 | 460 | 68 | 761 | |||||||||||||||||||||||||||||
Commercial construction and land | 5 | 875 | 149 | 887 | |||||||||||||||||||||||||||||
Loans secured by farmland | 0 | 910 | 0 | 923 | |||||||||||||||||||||||||||||
Agricultural loans | 2 | 37 | 0 | 40 | |||||||||||||||||||||||||||||
Total commercial | 589 | 3,353 | 337 | 3,949 | |||||||||||||||||||||||||||||
Consumer | 75 | 27 | 5 | 29 | |||||||||||||||||||||||||||||
Totals | $ | 2,668 | $ | 6,760 | $ | 2,311 | $ | 7,353 | |||||||||||||||||||||||||
The amounts shown in the table immediately above include loans classified as troubled debt restructurings (described in more detail below), if such loans are past due ninety days or more or nonaccrual. | |||||||||||||||||||||||||||||||||
The table below presents a summary of the contractual aging of loans as of September 30, 2013 and December 31, 2012: | |||||||||||||||||||||||||||||||||
As of September 30, 2013 | As of December 31, 2012 | ||||||||||||||||||||||||||||||||
(In Thousands) | Current & | Past Due | Past Due | Total | Current & | Past Due | Past Due | Total | |||||||||||||||||||||||||
Past Due | 30-89 | 90+ | Past Due | 30-89 | 90+ | ||||||||||||||||||||||||||||
Less than | Days | Days | Less than | Days | Days | ||||||||||||||||||||||||||||
30 Days | 30 Days | ||||||||||||||||||||||||||||||||
Residential mortgage: | |||||||||||||||||||||||||||||||||
Residential mortgage loans - first liens | $ | 295,255 | $ | 3,652 | $ | 2,887 | $ | 301,794 | $ | 302,373 | $ | 6,228 | $ | 3,026 | $ | 311,627 | |||||||||||||||||
Residential mortgage loans - junior liens | 23,638 | 273 | 168 | 24,079 | 26,247 | 371 | 130 | 26,748 | |||||||||||||||||||||||||
Home equity lines of credit | 34,063 | 196 | 101 | 34,360 | 32,593 | 184 | 240 | 33,017 | |||||||||||||||||||||||||
1-4 Family residential construction | 15,674 | 0 | 72 | 15,746 | 12,627 | 215 | 0 | 12,842 | |||||||||||||||||||||||||
Total residential mortgage | 368,630 | 4,121 | 3,228 | 375,979 | 373,840 | 6,998 | 3,396 | 384,234 | |||||||||||||||||||||||||
Commercial: | |||||||||||||||||||||||||||||||||
Commercial loans secured by real estate | 148,613 | 1,671 | 1,318 | 151,602 | 156,834 | 704 | 875 | 158,413 | |||||||||||||||||||||||||
Commercial and industrial | 44,007 | 17 | 288 | 44,312 | 47,569 | 317 | 556 | 48,442 | |||||||||||||||||||||||||
Political subdivisions | 13,905 | 0 | 0 | 13,905 | 31,789 | 0 | 0 | 31,789 | |||||||||||||||||||||||||
Commercial construction and land | 18,938 | 1,840 | 852 | 21,630 | 26,944 | 248 | 1,008 | 28,200 | |||||||||||||||||||||||||
Loans secured by farmland | 9,494 | 338 | 879 | 10,711 | 10,438 | 75 | 890 | 11,403 | |||||||||||||||||||||||||
Multi-family (5 or more) residential | 5,994 | 0 | 0 | 5,994 | 6,743 | 2 | 0 | 6,745 | |||||||||||||||||||||||||
Agricultural loans | 3,048 | 0 | 37 | 3,085 | 3,003 | 10 | 40 | 3,053 | |||||||||||||||||||||||||
Other commercial loans | 9,858 | 0 | 0 | 9,858 | 362 | 0 | 0 | 362 | |||||||||||||||||||||||||
Total commercial | 253,857 | 3,866 | 3,374 | 261,097 | 283,682 | 1,356 | 3,369 | 288,407 | |||||||||||||||||||||||||
Consumer | 11,170 | 152 | 77 | 11,399 | 11,135 | 129 | 5 | 11,269 | |||||||||||||||||||||||||
Totals | $ | 633,657 | $ | 8,139 | $ | 6,679 | $ | 648,475 | $ | 668,657 | $ | 8,483 | $ | 6,770 | $ | 683,910 | |||||||||||||||||
Nonaccrual loans are included in the contractual aging in the immediately preceding table. A summary of the contractual aging of nonaccrual loans at September 30, 2013 and December 31, 2012 is as follows: | |||||||||||||||||||||||||||||||||
(In Thousands) | Current & | Past Due | Past Due | Total | |||||||||||||||||||||||||||||
Past Due | 30-89 | 90+ | |||||||||||||||||||||||||||||||
Less than | Days | Days | |||||||||||||||||||||||||||||||
30 Days | |||||||||||||||||||||||||||||||||
September 30, 2013 Nonaccrual Totals | $ | 1,870 | $ | 879 | $ | 4,011 | $ | 6,760 | |||||||||||||||||||||||||
December 31, 2012 Nonaccrual Totals | $ | 2,167 | $ | 727 | $ | 4,459 | $ | 7,353 | |||||||||||||||||||||||||
Loans whose terms are modified are classified as Troubled Debt Restructurings (TDRs) if the Corporation grants such borrowers concessions, and it is deemed that those borrowers are experiencing financial difficulty. Loans classified as TDRs are designated as impaired. The outstanding balance of loans subject to TDRs, as well as contractual aging information at September 30, 2013 and December 31, 2012 is as follows: | |||||||||||||||||||||||||||||||||
(In Thousands) | Current & | Past Due | Past Due | Nonaccrual | Total | ||||||||||||||||||||||||||||
Past Due | 30-89 | 90+ | |||||||||||||||||||||||||||||||
Less than | Days | Days | |||||||||||||||||||||||||||||||
30 Days | |||||||||||||||||||||||||||||||||
September 30, 2013 Totals | $ | 1,720 | $ | 440 | $ | 0 | $ | 926 | $ | 3,086 | |||||||||||||||||||||||
December 31, 2012 Totals | $ | 785 | $ | 121 | $ | 0 | $ | 1,155 | $ | 2,061 | |||||||||||||||||||||||
There were no TDRs that occurred during the third quarter of 2013 or 2012. TDRs that occurred during the nine-month periods ended September 30, 2013 and 2012 were as follows: | |||||||||||||||||||||||||||||||||
(Balances in Thousands) | Number | Pre- | Post- | ||||||||||||||||||||||||||||||
of | Modification | Modification | |||||||||||||||||||||||||||||||
Contracts | Outstanding | Outstanding | |||||||||||||||||||||||||||||||
Recorded | Recorded | ||||||||||||||||||||||||||||||||
Investment | Investment | ||||||||||||||||||||||||||||||||
Residential mortgage: | |||||||||||||||||||||||||||||||||
Residential mortgage loans - first liens | 6 | $ | 677 | $ | 677 | ||||||||||||||||||||||||||||
Residential mortgage loans - junior liens | 3 | 102 | 102 | ||||||||||||||||||||||||||||||
Commercial: | |||||||||||||||||||||||||||||||||
Commercial loans secured by real estate | 1 | 440 | 440 | ||||||||||||||||||||||||||||||
Loans secured by farmland | 4 | 512 | 512 | ||||||||||||||||||||||||||||||
Agricultural loans | 1 | 13 | 13 | ||||||||||||||||||||||||||||||
Consumer | 1 | 6 | 6 | ||||||||||||||||||||||||||||||
(Balances in Thousands) | Number | Pre- | Post- | ||||||||||||||||||||||||||||||
of | Modification | Modification | |||||||||||||||||||||||||||||||
Contracts | Outstanding | Outstanding | |||||||||||||||||||||||||||||||
Recorded | Recorded | ||||||||||||||||||||||||||||||||
Investment | Investment | ||||||||||||||||||||||||||||||||
Commercial: | |||||||||||||||||||||||||||||||||
Commercial and industrial | 1 | $ | 65 | $ | 65 | ||||||||||||||||||||||||||||
The TDRs in the nine-month period ended September 30, 2013 included interest only payments for an extended period of time (10 contracts), extensions of the final maturity date (3 contracts), reduction in interest rate (2 contracts) and reduction in payment amount for one year (1 contract). There was no allowance for loan losses on these loans at September 30, 2013 and no change in the allowance for loan losses resulting from these TDRs during the third quarter 2013 or the nine-month period ended September 30, 2013. | |||||||||||||||||||||||||||||||||
The TDR in the nine-month period ended September 30, 2012 was an extension of the final maturity and lowering of monthly payments required on a commercial loan. This loan was charged off in the third quarter 2013, and there had been no allowance for loan losses on this loan prior to the charge-off. | |||||||||||||||||||||||||||||||||
In the third quarter of 2013 and in the nine-month period ended September 30, 2012, there were no defaults on loans for which modifications considered to be TDRs were entered into within the previous 12 months. In the nine-month period ended September 30, 2013, defaults on loans for which modifications considered to be TDRs were entered into within the previous 12 months were as follows: | |||||||||||||||||||||||||||||||||
Number | Recorded | ||||||||||||||||||||||||||||||||
of | Investment | ||||||||||||||||||||||||||||||||
Contracts | |||||||||||||||||||||||||||||||||
Nine Months Ended September 30, 2013 | |||||||||||||||||||||||||||||||||
(Balances in Thousands) | |||||||||||||||||||||||||||||||||
Commercial, | |||||||||||||||||||||||||||||||||
Commercial loans secured by real estate | 1 | $ | 440 | ||||||||||||||||||||||||||||||
The event of default in the table above resulted from the borrowers’ failure to make contractual payments of interest only subsequent to restructuring in the second quarter 2013. Based on the estimated value of the underlying collateral, net of estimated costs to sell the collateral, the Corporation determined that no allowance for loan losses was required at September 30, 2013. |
Note_8_Borrowed_Funds
Note 8 - Borrowed Funds | 9 Months Ended | ||||||||
Sep. 30, 2013 | |||||||||
Debt Disclosure [Abstract] | ' | ||||||||
Debt Disclosure [Text Block] | ' | ||||||||
8. BORROWED FUNDS | |||||||||
SHORT-TERM BORROWINGS | |||||||||
Short-term borrowings include the following: | |||||||||
(In Thousands) | Sept. 30, | Dec. 31, | |||||||
2013 | 2012 | ||||||||
FHLB-Pittsburgh borrowings | $ | 0 | $ | 0 | |||||
Customer repurchase agreements | 4,833 | 5,567 | |||||||
Total short-term borrowings | $ | 4,833 | $ | 5,567 | |||||
The FHLB-Pittsburgh loan facilities are collateralized by qualifying loans secured by real estate with a book value totaling $464,259,000 at September 30, 2013 and $471,731,000 at December 31, 2012. Also, the FHLB-Pittsburgh loan facilities require the Corporation to invest in established amounts of FHLB-Pittsburgh stock. The carrying values of the Corporation’s holdings of FHLB-Pittsburgh stock (included in Other Assets) were $2,859,000 at September 30, 2013 and $4,712,000 at December 31, 2012. | |||||||||
The Corporation engages in repurchase agreements with certain commercial customers. These agreements provide that the Corporation sells specified investment securities to the customers on an overnight basis and repurchases them on the following business day. The weighted average rate paid by the Corporation on customer repurchase agreements was 0.10% at September 30, 2013 and December 31, 2012. The carrying value of the underlying securities was $10,706,000 at September 30, 2013 and $11,179,000 at December 31, 2012. | |||||||||
LONG-TERM BORROWINGS | |||||||||
(In Thousands) | Sept. 30, | Dec. 31, | |||||||
2013 | 2012 | ||||||||
FHLB-Pittsburgh borrowings | $ | 12,405 | $ | 15,812 | |||||
Repurchase agreements | 61,000 | 68,000 | |||||||
Total long-term borrowings | $ | 73,405 | $ | 83,812 | |||||
(In Thousands) | Sept. 30, | Dec. 31, | |||||||
2013 | 2012 | ||||||||
Loans matured in 2013 with rates ranging from 2.86% to 3.62% | $ | 0 | $ | 3,211 | |||||
Loan maturing in 2016 with a rate of 6.86% | 164 | 196 | |||||||
Loan maturing in 2017 with a rate of 6.83% | 23 | 27 | |||||||
Loan maturing in 2017 with a rate of 3.81% | 10,000 | 10,000 | |||||||
Loan maturing in 2020 with a rate of 4.79% | 1,184 | 1,297 | |||||||
Loan maturing in 2025 with a rate of 4.91% | 1,034 | 1,081 | |||||||
Total long-term FHLB-Pittsburgh borrowings | $ | 12,405 | $ | 15,812 | |||||
Repurchase agreements included in long-term borrowings are as follows: | |||||||||
(In Thousands) | Sept. 30, | Dec. 31, | |||||||
2013 | 2012 | ||||||||
Agreement maturing in 2017 with a rate of 3.595% | $ | 27,000 | $ | 34,000 | |||||
Agreement maturing in 2017 with a rate of 4.265% | 34,000 | 34,000 | |||||||
Total long-term repurchase agreements | $ | 61,000 | $ | 68,000 | |||||
The Corporation incurred a loss of $1,023,000 in the first quarter 2013 on prepayment of $7,000,000 of the agreement with an interest rate of 3.595% that is contractually scheduled to mature in 2017. | |||||||||
In December 2007, the Corporation entered into the two repurchase agreements shown in the table above in the original amounts of $40,000,000 each. In the third quarter 2012, the Corporation paid off principal totaling $6,000,000 on each of these agreements, incurring a loss from prepayment of $2,190,000 and leaving a balance of $34,000,000 outstanding for each agreement at December 31, 2012. The borrowing with an interest rate of 3.595% became putable by the issuer at quarterly intervals starting in December 2010, and the borrowing with an interest rate of 4.265% became putable at quarterly intervals starting in December 2012. Each of these borrowings contained an embedded cap, providing that on the quarterly anniversary of the transaction settlement date, if three-month LIBOR were higher than 5.15%, the Corporation’s interest rate payable would decrease by twice the amount of the excess, down to a minimum rate of 0%. The embedded cap on one of the agreements expired in December 2010, and the embedded cap on the other agreement expired in December 2012. | |||||||||
Securities sold under repurchase agreements were delivered to the broker-dealer who is the counter-party to the transactions. The broker-dealer may have sold, loaned or otherwise disposed of such securities to other parties in the normal course of its operations, and has agreed to resell to the Corporation substantially identical securities at the maturities of the agreements. The Master Repurchase Agreement between the Corporation and the broker-dealer provides that the Agreement constitutes a “netting contract,” as defined; however, the Corporation and the broker-dealer have no other obligations to one another and accordingly, no netting has occurred. The carrying value of the underlying securities was $76,681,000 at September 30, 2013 and $89,428,000 at December 31, 2012. |
Note_9_Defined_Benefit_Plans
Note 9 - Defined Benefit Plans | 9 Months Ended | ||||||||||||||||
Sep. 30, 2013 | |||||||||||||||||
Compensation and Retirement Disclosure [Abstract] | ' | ||||||||||||||||
Pension and Other Postretirement Benefits Disclosure [Text Block] | ' | ||||||||||||||||
9. DEFINED BENEFIT PLANS | |||||||||||||||||
The Corporation sponsors a defined benefit health care plan that provides postretirement medical benefits and life insurance to employees who meet certain age and length of service requirements. Effective January 1, 2013, this plan was amended so that full-time employees no longer accrue service time toward the Corporation-subsidized portion of the medical benefits. The plan was also amended effective January 1, 2013 to change some of the age and length-of-service requirements for participants to receive some of the benefits provided under the plan. This plan contains a cost-sharing feature, which causes participants to pay for all future increases in costs related to benefit coverage. Accordingly, actuarial assumptions related to health care cost trend rates do not significantly affect the liability balance at September 30, 2013 and December 31, 2012, and are not expected to significantly affect the Corporation's future expenses. The Corporation uses a December 31 measurement date for the postretirement plan. | |||||||||||||||||
In an acquisition in 2007, the Corporation assumed the Citizens Trust Company Retirement Plan, a defined benefit pension plan. This plan covers certain employees who were employed by Citizens Trust Company on December 31, 2002, when the plan was amended to discontinue admittance of any future participant and to freeze benefit accruals. Information related to the Citizens Trust Company Retirement Plan has been included in the tables that follow. The Corporation uses a December 31 measurement date for this plan. | |||||||||||||||||
The components of net periodic benefit costs from these defined benefit plans are as follows: | |||||||||||||||||
(In Thousands) | Pension | Postretirement | |||||||||||||||
Nine Months Ended | Nine Months Ended | ||||||||||||||||
Sept. 30, | Sept. 30, | ||||||||||||||||
2013 | 2012 | 2013 | 2012 | ||||||||||||||
Service cost | $ | 0 | $ | 0 | $ | 31 | $ | 68 | |||||||||
Interest cost | 53 | 54 | 41 | 61 | |||||||||||||
Expected return on plan assets | (68 | ) | (54 | ) | 0 | 0 | |||||||||||
Amortization of transition (asset) obligation | 0 | 0 | 0 | 27 | |||||||||||||
Amortization of prior service cost | 0 | 0 | (23 | ) | 11 | ||||||||||||
Recognized net actuarial loss | 23 | 20 | 0 | 0 | |||||||||||||
Net periodic benefit cost | $ | 8 | $ | 20 | $ | 49 | $ | 167 | |||||||||
(In Thousands) | Pension | Postretirement | |||||||||||||||
Three Months Ended | Three Months Ended | ||||||||||||||||
Sept. 30, | Sept. 30, | ||||||||||||||||
2013 | 2012 | 2013 | 2012 | ||||||||||||||
Service cost | $ | 0 | $ | 0 | $ | 10 | $ | 22 | |||||||||
Interest cost | 17 | 18 | 13 | 20 | |||||||||||||
Expected return on plan assets | (23 | ) | (18 | ) | 0 | 0 | |||||||||||
Amortization of transition (asset) obligation | 0 | 0 | 0 | 9 | |||||||||||||
Amortization of prior service cost | 0 | 0 | (7 | ) | 4 | ||||||||||||
Recognized net actuarial loss | 7 | 6 | 0 | 0 | |||||||||||||
Net periodic benefit cost | $ | 1 | $ | 6 | $ | 16 | $ | 55 | |||||||||
In the first nine months of 2013, the Corporation funded postretirement contributions totaling $44,000, with estimated annual postretirement contributions of $60,000 expected in 2013 for the full year. The Corporation made no contribution to the defined benefit pension plan in the first nine months of 2013. Based upon the related actuarial reports, no defined benefit pension contributions are required in 2013, though the Corporation may make discretionary contributions. |
Note_10_StockBased_Compensatio
Note 10 - Stock-Based Compensation Plans | 9 Months Ended | ||||||||||||||||
Sep. 30, 2013 | |||||||||||||||||
Disclosure of Compensation Related Costs, Share-based Payments [Abstract] | ' | ||||||||||||||||
Disclosure of Compensation Related Costs, Share-based Payments [Text Block] | ' | ||||||||||||||||
10. STOCK-BASED COMPENSATION PLANS | |||||||||||||||||
In January 2013, the Corporation granted options to purchase a total of 64,050 shares of common stock through its Stock Incentive and Independent Directors Stock Incentive Plans. In January 2012, the Corporation granted options to purchase a total of 64,757 shares of common stock. The exercise price for the 2013 awards is $19.21 per share, and the exercise price for the 2012 awards is $18.54 per share, based on the market price as of the date of grant. Stock option expense is recognized over the vesting period of each option. The Corporation expects total stock option expense for the year ending December 31, 2013 will be $262,000, and total stock option expense for the year ended December 31, 2012 was $247,000. | |||||||||||||||||
The Corporation records stock option expense based on estimated fair value calculated using an option valuation model. In calculating the 2013 and 2012 fair values, the Corporation utilized the Black-Scholes-Merton option-pricing model. The calculated fair value of each option granted, and significant assumptions used in the calculations, are as follows: | |||||||||||||||||
2013 | 2012 | ||||||||||||||||
Fair value of each option granted | $5.56 | $5.15 | |||||||||||||||
Volatility | 41% | 41% | |||||||||||||||
Expected option lives (Years) | 8 | 7 | |||||||||||||||
Risk-free interest rate | 1.60% | 1.53% | |||||||||||||||
Dividend yield | 3.69% | 3.97% | |||||||||||||||
In calculating the estimated fair value of stock option awards, management based its estimates of volatility and dividend yield on the Corporation’s experience over the immediately prior period of time consistent with the estimated lives of the options. The risk-free interest rate was based on the published yield of zero-coupon U.S. Treasury strips with an applicable maturity as of the grant dates. The expected option lives were based on management’s estimates of the average term for all options issued under both plans. In 2013 and 2012, management assumed a 33% forfeiture rate for options granted under the Stock Incentive Plan, and a 0% forfeiture rate for the Independent Directors Stock Incentive Plan. These estimated forfeiture rates were determined based on the Corporation’s historical experience. | |||||||||||||||||
In January 2013, the Corporation awarded a total of 37,886 shares of restricted stock under the Stock Incentive and Independent Directors Stock Incentive Plans. In January 2012, a total of 42,552 shares of restricted stock were awarded under the Plans. Compensation cost related to restricted stock is recognized based on the market price of the stock at the grant date over the vesting period. For restricted stock awards granted under the Stock Incentive Plan, the Corporation must meet an annual targeted return on average equity (“ROAE”) performance ratio, as defined, in order for participants to vest. Management has estimated restricted stock expense in the first nine months and third quarter 2013 based on an assumption that the ROAE target for 2013 will be met. | |||||||||||||||||
Total stock-based compensation expense is as follows: | |||||||||||||||||
(In Thousands) | 3 Months Ended | 9 Months Ended | |||||||||||||||
Sept. 30, | Sept. 30, | Sept. 30, | Sept. 30, | ||||||||||||||
2013 | 2012 | 2013 | 2012 | ||||||||||||||
Stock options | $ | 0 | $ | 0 | $ | 262 | $ | 247 | |||||||||
Restricted stock | 113 | 76 | 343 | 240 | |||||||||||||
Total | $ | 113 | $ | 76 | $ | 605 | $ | 487 | |||||||||
Note_11_Income_Taxes
Note 11 - Income Taxes | 9 Months Ended | ||||||||||||||||
Sep. 30, 2013 | |||||||||||||||||
Income Tax Disclosure [Abstract] | ' | ||||||||||||||||
Income Tax Disclosure [Text Block] | ' | ||||||||||||||||
11. INCOME TAXES | |||||||||||||||||
The net deferred tax asset at September 30, 2013 and December 31, 2012 represents the following temporary difference components: | |||||||||||||||||
(In Thousands) | Sept. 30, | Dec. 31, | |||||||||||||||
2013 | 2012 | ||||||||||||||||
Deferred tax assets: | |||||||||||||||||
Defined benefit plans - ASC 835 | $ | 82 | $ | 305 | |||||||||||||
Net realized losses on securities | 171 | 1,254 | |||||||||||||||
Allowance for loan losses | 2,496 | 2,400 | |||||||||||||||
Credit for alternative minimum tax paid | 2,540 | 3,609 | |||||||||||||||
Other deferred tax assets | 2,193 | 2,019 | |||||||||||||||
Total deferred tax assets | 7,482 | 9,587 | |||||||||||||||
Deferred tax liabilities: | |||||||||||||||||
Unrealized holding gains on securities | 1,359 | 6,228 | |||||||||||||||
Bank premises and equipment | 1,373 | 1,337 | |||||||||||||||
Core deposit intangibles | 35 | 48 | |||||||||||||||
Other deferred tax liabilities | 208 | 249 | |||||||||||||||
Total deferred tax liabilities | 2,975 | 7,862 | |||||||||||||||
Deferred tax asset, net | $ | 4,507 | $ | 1,725 | |||||||||||||
The deferred tax asset from net realized losses on securities resulted primarily from OTTI charges for financial statement purposes that are not deductible for income tax reporting purposes through September 30, 2013. The deferred tax asset from net realized losses on securities of $171,000 at September 30, 2013 is from securities that, if the Corporation were to sell them, would be classified as net capital losses for income tax reporting purposes. | |||||||||||||||||
The provision for income tax for the three-month and nine-month periods ended September 30, 2013 and 2012 is based on the Corporation’s estimate of the effective tax rate expected to be applicable for the full year. The effective tax rates for the Corporation are as follows: | |||||||||||||||||
(In thousands) | Three Months Ended | Nine Months Ended | |||||||||||||||
September 30, | September 30, | ||||||||||||||||
2013 | 2012 | 2013 | 2012 | ||||||||||||||
Income before income tax provision | $ | 6,268 | $ | 7,508 | $ | 19,203 | $ | 22,983 | |||||||||
Income tax provision | 1,579 | 2,014 | 4,834 | 6,217 | |||||||||||||
Effective tax rate | 25.19 | % | 26.82 | % | 25.17 | % | 27.05 | % | |||||||||
The effective tax rate for each period presented differs from the statutory rate of 35% principally because of the effects of tax-exempt interest income. | |||||||||||||||||
The Corporation has no unrecognized tax benefits, nor pending examination issues related to tax positions taken in preparation of its income tax returns. With limited exceptions, the Corporation is no longer subject to examination by the Internal Revenue Service for years prior to 2010. |
Note_12_Contingencies
Note 12 - Contingencies | 9 Months Ended |
Sep. 30, 2013 | |
Commitments and Contingencies Disclosure [Abstract] | ' |
Commitments and Contingencies Disclosure [Text Block] | ' |
12. CONTINGENCIES | |
In the normal course of business, the Corporation may be subject to pending and threatened lawsuits in which claims for monetary damages could be asserted. In management’s opinion, the Corporation’s financial position and results of operations would not be materially affected by the outcome of such pending legal proceedings. |
Note_13_Recent_Accounting_Pron
Note 13 - Recent Accounting Pronouncements | 9 Months Ended |
Sep. 30, 2013 | |
Accounting Changes and Error Corrections [Abstract] | ' |
Accounting Changes and Error Corrections [Text Block] | ' |
13. RECENT ACCOUNTING PRONOUNCEMENTS | |
The FASB issues Accounting Standards Updates (ASUs) to the FASB Accounting Standards Codification (ASC). This section provides a summary description of recent ASUs that have significant implications (elected or required) within the consolidated financial statements, or that management expects may have a significant impact on financial statements issued in the near future. | |
In January 2013, the FASB issued ASU 2013-01, Clarifying the Scope of Disclosures about Offsetting Assets and Liabilities. The amendments in this standard clarify that the scope of ASU 2011-11 applies to (among other types of instruments) repurchase agreements that are either offset or subject to an enforceable master netting arrangement or similar agreement. The amendments in ASU 2011-11 require an entity to disclose information about offsetting and related arrangements to enable users of financial statements to understand the effect of those arrangements on the entity’s financial position. The Corporation has two types of repurchase agreements that have been recognized as borrowings in the unaudited consolidated financial statements: (1) overnight repurchase agreements with customers, and (2) repurchase agreements with a broker-dealer. The Corporation does not offset assets and liabilities related to either of these types of repurchase agreement. The overnight repurchase agreements with customers are not subject to a master netting arrangement or similar arrangement, and accordingly, the disclosure requirements of ASU 2011-11 do not apply. As disclosed in Note 8 to these unaudited consolidated financial statements, the Master Repurchase Agreement between the Corporation and the broker-dealer provides that the Agreement constitutes a “netting contract,” as defined; however, the Corporation and the broker-dealer have no other obligations to one another and therefore, no netting has occurred. | |
In February 2013, the FASB issued ASU 2013-02, Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income. The amendments in this standard require an entity to provide information about the amounts reclassified out of accumulated other comprehensive income by component. In addition, this standard requires an entity to present, either on the face of the statement where net income is presented or in the notes, significant amounts reclassified out of accumulated other comprehensive income by the respective line items of net income but only if the amount is required under U.S. GAAP to be reclassified to net income in its entirety in the same reporting period. For other amounts that are not required by U.S. GAAP to be reclassified in their entirety to net income, an entity will be required to cross-reference to other disclosures required under U.S. GAAP that provide additional detail about those amounts. As required, the Corporation has implemented the amendments in this ASU prospectively in Note 3 to these unaudited consolidated financial statements. | |
In July 2013, the FASB issued ASU 2013-11, Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists. The amendments in this standard clarify that an unrecognized tax benefit, or a portion of an unrecognized tax benefit, should be presented in the financial statements as a reduction to a deferred tax asset for a net operating loss carryforward, a similar tax loss, or a tax credit carryforward, except as follows. To the extent a net operating loss carryforward, a similar tax loss, or a tax credit carryforward is not available at the reporting date under the tax law of the applicable jurisdiction to settle any additional income taxes that would result from the disallowance of a tax position or the applicable jurisdiction does not require the entity to use, and the entity does not intend to use, the deferred tax asset for such purpose, the unrecognized tax benefit should be presented in the financial statements as a liability and should not be combined with deferred tax assets. For the Corporation, the amendments in this Update are effective beginning in the first quarter 2014. The Corporation will be affected by these amendments if unrecognized tax benefits arise in future periods. |
Accounting_Policies_by_Policy_
Accounting Policies, by Policy (Policies) | 9 Months Ended |
Sep. 30, 2013 | |
Accounting Policies [Abstract] | ' |
Basis of Accounting, Policy [Policy Text Block] | ' |
The consolidated financial information included herein, with the exception of the consolidated balance sheet dated December 31, 2012, is unaudited. Such information reflects all adjustments (consisting solely of normal recurring adjustments) that are, in the opinion of management, necessary for a fair presentation of the financial position, results of operations, comprehensive income, cash flows and changes in stockholders’ equity for the interim periods; however, the information does not include all disclosures required by accounting principles generally accepted in the United States of America (“U.S. GAAP”) for a complete set of financial statements. Certain 2012 information has been reclassified for consistency with the 2013 presentation. | |
Earnings Per Share, Policy [Policy Text Block] | ' |
Net income per share is based on the weighted-average number of shares of common stock outstanding. The following data show the amounts used in computing basic and diluted net income per share. As shown in the table that follows, diluted earnings per share is computed using weighted-average common shares outstanding, plus weighted-average common shares available from the exercise of all dilutive stock options, less the number of shares that could be repurchased with the proceeds of stock option exercises based on the average share price of the Corporation's common stock during the period | |
Comprehensive Income, Policy [Policy Text Block] | ' |
Comprehensive income is the total of (1) net income, and (2) all other changes in equity from non-stockholder sources, which are referred to as other comprehensive income. The components of other comprehensive income, and the related tax effects, are as follows: |
Note_2_Per_Share_Data_Tables
Note 2 - Per Share Data (Tables) | 9 Months Ended | ||||||||||||
Sep. 30, 2013 | |||||||||||||
Earnings Per Share [Abstract] | ' | ||||||||||||
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block] | ' | ||||||||||||
Net | Weighted- | Earnings | |||||||||||
Income | Average | Per | |||||||||||
Common | Share | ||||||||||||
Shares | |||||||||||||
Nine Months Ended September 30, 2013 | |||||||||||||
Earnings per share – basic | $ | 14,369,000 | 12,342,706 | $ | 1.16 | ||||||||
Dilutive effect of potential common stock arising from stock options: | |||||||||||||
Exercise of outstanding stock options | 251,970 | ||||||||||||
Hypothetical share repurchase at $19.73 | (222,749 | ) | |||||||||||
Earnings per share – diluted | $ | 14,369,000 | 12,371,927 | $ | 1.16 | ||||||||
Nine Months Ended September 30, 2012 | |||||||||||||
Earnings per share – basic | $ | 16,766,000 | 12,225,895 | $ | 1.37 | ||||||||
Dilutive effect of potential common stock arising from stock options: | |||||||||||||
Exercise of outstanding stock options | 202,199 | ||||||||||||
Hypothetical share repurchase at $19.35 | (175,737 | ) | |||||||||||
Earnings per share – diluted | $ | 16,766,000 | 12,252,357 | $ | 1.37 | ||||||||
Net | Weighted- | Earnings | |||||||||||
Income | Average | Per | |||||||||||
Common | Share | ||||||||||||
Shares | |||||||||||||
Quarter Ended September 30, 2013 | |||||||||||||
Earnings per share – basic | $ | 4,689,000 | 12,363,887 | $ | 0.38 | ||||||||
Dilutive effect of potential common stock arising from stock options: | |||||||||||||
Exercise of outstanding stock options | 302,956 | ||||||||||||
Hypothetical share repurchase at $ 20.10 | (269,941 | ) | |||||||||||
Earnings per share – diluted | $ | 4,689,000 | 12,396,902 | $ | 0.38 | ||||||||
Quarter Ended September 30, 2012 | |||||||||||||
Earnings per share – basic | $ | 5,494,000 | 12,244,797 | $ | 0.45 | ||||||||
Dilutive effect of potential common stock arising from stock options: | |||||||||||||
Exercise of outstanding stock options | 198,863 | ||||||||||||
Hypothetical share repurchase at $19.35 | (172,975 | ) | |||||||||||
Earnings per share – diluted | $ | 5,494,000 | 12,270,685 | $ | 0.45 |
Note_3_Comprehensive_Income_Ta
Note 3 - Comprehensive Income (Tables) | 9 Months Ended | ||||||||||||
Sep. 30, 2013 | |||||||||||||
Disclosure Text Block [Abstract] | ' | ||||||||||||
Comprehensive Income (Loss) [Table Text Block] | ' | ||||||||||||
(In Thousands) | Before-Tax | Income Tax | Net-of-Tax | ||||||||||
Amount | Effect | Amount | |||||||||||
Nine Months Ended September 30, 2013: | |||||||||||||
Unrealized gains on available-for-sale securities: | |||||||||||||
Unrealized holding losses on available-for-sale securities | $ | (12,465 | ) | $ | 4,362 | $ | (8,103 | ) | |||||
Reclassification adjustment for (gains) realized in income | (1,452 | ) | 507 | (945 | ) | ||||||||
Other comprehensive loss on available-for-sale securities | (13,917 | ) | 4,869 | (9,048 | ) | ||||||||
Unfunded pension and postretirement obligations: | |||||||||||||
Changes from plan amendments and actuarial gains and losses included in other comprehensive income | 636 | (223 | ) | 413 | |||||||||
Amortization of net transition obligation, prior service cost and net actuarial loss included in net periodic benefit cost | 0 | 0 | 0 | ||||||||||
Other comprehensive gain on unfunded retirement obligations | 636 | (223 | ) | 413 | |||||||||
Total other comprehensive loss | $ | (13,281 | ) | $ | 4,646 | $ | (8,635 | ) | |||||
(In Thousands) | Before-Tax | Income Tax | Net-of-Tax | ||||||||||
Amount | Effect | Amount | |||||||||||
Nine Months Ended September 30, 2012: | |||||||||||||
Unrealized gains on available-for-sale securities: | |||||||||||||
Unrealized holding gains on available-for-sale securities | $ | 5,168 | $ | (1,971 | ) | $ | 3,197 | ||||||
Reclassification adjustment for (gains) realized in income | (2,631 | ) | 921 | (1,710 | ) | ||||||||
Other comprehensive gain on available-for-sale securities | 2,537 | (1,050 | ) | 1,487 | |||||||||
Unfunded pension and postretirement obligations: | |||||||||||||
Changes from plan amendments and actuarial gains and losses included in other comprehensive income | 200 | (61 | ) | 139 | |||||||||
Amortization of net transition obligation, prior service cost and net actuarial loss included in net periodic benefit cost | 60 | (20 | ) | 40 | |||||||||
Other comprehensive gain on unfunded retirement obligations | 260 | (81 | ) | 179 | |||||||||
Total other comprehensive income | $ | 2,797 | $ | (1,131 | ) | $ | 1,666 | ||||||
Three Months Ended September 30, 2013: | |||||||||||||
Unrealized gains on available-for-sale securities: | |||||||||||||
Unrealized holding losses on available-for-sale securities | $ | (286 | ) | $ | 101 | $ | (185 | ) | |||||
Reclassification adjustment for (gains) realized in income | (193 | ) | 66 | (127 | ) | ||||||||
Other comprehensive loss on available-for-sale securities | (479 | ) | 167 | (312 | ) | ||||||||
Unfunded pension and postretirement obligations: | |||||||||||||
Changes from plan amendments and actuarial gains and losses included in other comprehensive income | 0 | 0 | 0 | ||||||||||
Amortization of net transition obligation, prior service cost and net actuarial loss included in net periodic benefit cost | 0 | 0 | 0 | ||||||||||
Other comprehensive gain on unfunded retirement obligations | 0 | 0 | 0 | ||||||||||
Total other comprehensive loss | $ | (479 | ) | $ | 167 | $ | (312 | ) | |||||
Three Months Ended September 30, 2012: | |||||||||||||
Unrealized gains on available-for-sale securities: | |||||||||||||
Unrealized holding gains on available-for-sale securities | $ | 3,597 | $ | (1,259 | ) | $ | 2,338 | ||||||
Reclassification adjustment for (gains) realized in income | (2,430 | ) | 851 | (1,579 | ) | ||||||||
Other comprehensive gain on available-for-sale securities | 1,167 | (408 | ) | 759 | |||||||||
Unfunded pension and postretirement obligations: | |||||||||||||
Changes from plan amendments and actuarial gains and losses included in other comprehensive income | 0 | 0 | 0 | ||||||||||
Amortization of net transition obligation, prior service cost and net actuarial loss included in net periodic benefit cost | 20 | (7 | ) | 13 | |||||||||
Other comprehensive gain on unfunded retirement obligations | 20 | (7 | ) | 13 | |||||||||
Total other comprehensive income | $ | 1,187 | $ | (415 | ) | $ | 772 | ||||||
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block] | ' | ||||||||||||
(In Thousands) | Unrealized | Unfunded | Accumulated | ||||||||||
Holding Gains | Pension and | Other | |||||||||||
(Losses) | Postretirement | Comprehensive | |||||||||||
on Securities | Obligations | Income | |||||||||||
Nine Months Ended September 30, 2013 | |||||||||||||
Balance, beginning of period | $ | 11,568 | $ | (565 | ) | $ | 11,003 | ||||||
Other comprehensive (loss) income before reclassifications | (8,103 | ) | 413 | (7,690 | ) | ||||||||
Amounts reclassified from accumulated other comprehensive income | (945 | ) | 0 | (945 | ) | ||||||||
Other comprehensive (loss) income | (9,048 | ) | 413 | (8,635 | ) | ||||||||
Balance, end of period | $ | 2,520 | $ | (152 | ) | $ | 2,368 | ||||||
Nine Months Ended September 30, 2012 | |||||||||||||
Balance, beginning of period | $ | 10,791 | $ | (631 | ) | $ | 10,160 | ||||||
Other comprehensive income before reclassifications | 3,197 | 139 | 3,336 | ||||||||||
Amounts reclassified from accumulated other comprehensive income | (1,710 | ) | 40 | (1,670 | ) | ||||||||
Other comprehensive income | 1,487 | 179 | 1,666 | ||||||||||
Balance, end of period | $ | 12,278 | $ | (452 | ) | $ | 11,826 | ||||||
Three Months Ended September 30, 2013 | |||||||||||||
Balance, beginning of period | $ | 2,832 | $ | (152 | ) | $ | 2,680 | ||||||
Other comprehensive loss before reclassifications | (185 | ) | 0 | (185 | ) | ||||||||
Amounts reclassified from accumulated other comprehensive income | (127 | ) | 0 | (127 | ) | ||||||||
Other comprehensive loss | (312 | ) | 0 | (312 | ) | ||||||||
Balance, end of period | $ | 2,520 | $ | (152 | ) | $ | 2,368 | ||||||
Three Months Ended September 30, 2012 | |||||||||||||
Balance, beginning of period | $ | 11,519 | $ | (465 | ) | $ | 11,054 | ||||||
Other comprehensive income before reclassifications | 2,338 | 0 | 2,338 | ||||||||||
Amounts reclassified from accumulated other comprehensive income | (1,579 | ) | 13 | (1,566 | ) | ||||||||
Other comprehensive income | 759 | 13 | 772 | ||||||||||
Balance, end of period | $ | 12,278 | $ | (452 | ) | $ | 11,826 | ||||||
' | |||||||||||||
Details about Accumulated Other | Reclassified from | Affected Line Item in the Consolidated | |||||||||||
Comprehensive Income Components | Accumulated Other | Statements of Income | |||||||||||
Comprehensive Income | |||||||||||||
Unrealized gains and losses on available-for-sale securities | $ | 25 | Total other-than-temporary impairment losses on available-for-sale securities | ||||||||||
(1,477 | ) | Realized gains on available-for-sale securities, net | |||||||||||
(1,452 | ) | Total before tax | |||||||||||
507 | Income tax provision | ||||||||||||
(945 | ) | Net of tax | |||||||||||
Amortization of defined benefit pension and postretirement items | |||||||||||||
Prior service cost | (23 | ) | Pensions and other employee benefits | ||||||||||
Actuarial loss | 23 | Pensions and other employee benefits | |||||||||||
0 | Total before tax | ||||||||||||
0 | Income tax provision | ||||||||||||
0 | Net of tax | ||||||||||||
Total reclassifications for the period | $ | (945 | ) | ||||||||||
Details about Accumulated Other | Reclassified from | Affected Line Item in the Consolidated | |||||||||||
Comprehensive Income Components | Accumulated Other | Statements of Income | |||||||||||
Comprehensive Income | |||||||||||||
Unrealized gains and losses on available-for-sale securities | $ | 0 | Total other-than-temporary impairment losses on available-for-sale securities | ||||||||||
(193 | ) | Realized gains on available-for-sale securities, net | |||||||||||
(193 | ) | Total before tax | |||||||||||
66 | Income tax provision | ||||||||||||
(127 | ) | Net of tax | |||||||||||
Amortization of defined benefit pension and postretirement items | |||||||||||||
Prior service cost | (7 | ) | Pensions and other employee benefits | ||||||||||
Actuarial loss | 7 | Pensions and other employee benefits | |||||||||||
0 | Total before tax | ||||||||||||
0 | Income tax provision | ||||||||||||
0 | Net of tax | ||||||||||||
Total reclassifications for the period | $ | (127 | ) |
Note_4_Cash_And_Due_From_Banks1
Note 4 - Cash And Due From Banks (Tables) | 9 Months Ended | ||||||||
Sep. 30, 2013 | |||||||||
Cash and Cash Equivalents [Abstract] | ' | ||||||||
Schedule of Cash and Cash Equivalents [Table Text Block] | ' | ||||||||
(In thousands) | Sept. 30, | Dec. 31, | |||||||
2013 | 2012 | ||||||||
Cash and cash equivalents | $ | 37,707 | $ | 55,016 | |||||
Certificates of deposit | 5,540 | 4,820 | |||||||
Total cash and due from banks | $ | 43,247 | $ | 59,836 |
Note_5_Fair_Value_Measurements1
Note 5 - Fair Value Measurements and Fair Values of Financial Instruments (Tables) | 9 Months Ended | ||||||||||||||||||||||||||||||||
Sep. 30, 2013 | |||||||||||||||||||||||||||||||||
Fair Value Disclosures [Abstract] | ' | ||||||||||||||||||||||||||||||||
Fair Value, by Balance Sheet Grouping [Table Text Block] | ' | ||||||||||||||||||||||||||||||||
30-Sep-13 | |||||||||||||||||||||||||||||||||
(In Thousands) | Quoted Prices | Other | Unobservable | Total | |||||||||||||||||||||||||||||
in Active | Observable | Inputs | Fair | ||||||||||||||||||||||||||||||
Markets | Inputs | (Level 3) | Value | ||||||||||||||||||||||||||||||
(Level 1) | (Level 2) | ||||||||||||||||||||||||||||||||
Recurring fair value measurements | |||||||||||||||||||||||||||||||||
AVAILABLE-FOR-SALE SECURITIES: | |||||||||||||||||||||||||||||||||
Obligations of U.S. Government agencies | $ | 0 | $ | 46,384 | $ | 0 | $ | 46,384 | |||||||||||||||||||||||||
Obligations of states and political subdivisions: | |||||||||||||||||||||||||||||||||
Tax-exempt | 0 | 131,096 | 0 | 131,096 | |||||||||||||||||||||||||||||
Taxable | 0 | 31,211 | 0 | 31,211 | |||||||||||||||||||||||||||||
Mortgage-backed securities | 0 | 82,354 | 0 | 82,354 | |||||||||||||||||||||||||||||
Collateralized mortgage obligations, | |||||||||||||||||||||||||||||||||
Issued by U.S. Government agencies | 0 | 175,078 | 0 | 175,078 | |||||||||||||||||||||||||||||
Collateralized debt obligations | 0 | 660 | 0 | 660 | |||||||||||||||||||||||||||||
Total debt securities | 0 | 466,783 | 0 | 466,783 | |||||||||||||||||||||||||||||
Marketable equity securities | 8,867 | 0 | 0 | 8,867 | |||||||||||||||||||||||||||||
Total available-for-sale securities | 8,867 | 466,783 | 0 | 475,650 | |||||||||||||||||||||||||||||
Servicing rights | 0 | 0 | 1,049 | 1,049 | |||||||||||||||||||||||||||||
Total recurring fair value measurements | $ | 8,867 | $ | 466,783 | $ | 1,049 | $ | 476,699 | |||||||||||||||||||||||||
Nonrecurring fair value measurements | |||||||||||||||||||||||||||||||||
Impaired loans with a valuation allowance | $ | 0 | $ | 0 | $ | 4,553 | $ | 4,553 | |||||||||||||||||||||||||
Valuation allowance | 0 | 0 | (703 | ) | (703 | ) | |||||||||||||||||||||||||||
Impaired loans, net | 0 | 0 | 3,850 | 3,850 | |||||||||||||||||||||||||||||
Foreclosed assets held for sale | 0 | 0 | 776 | 776 | |||||||||||||||||||||||||||||
Total nonrecurring fair value measurements | $ | 0 | $ | 0 | $ | 4,626 | $ | 4,626 | |||||||||||||||||||||||||
31-Dec-12 | |||||||||||||||||||||||||||||||||
(In Thousands) | Quoted Prices | Other | Unobservable | Total | |||||||||||||||||||||||||||||
in Active | Observable | Inputs | Fair | ||||||||||||||||||||||||||||||
Markets | Inputs | (Level 3) | Value | ||||||||||||||||||||||||||||||
(Level 1) | (Level 2) | ||||||||||||||||||||||||||||||||
Recurring fair value measurements | |||||||||||||||||||||||||||||||||
AVAILABLE-FOR-SALE SECURITIES: | |||||||||||||||||||||||||||||||||
Obligations of U.S. Government agencies | $ | 0 | $ | 31,217 | $ | 0 | $ | 31,217 | |||||||||||||||||||||||||
Obligations of states and political subdivisions: | |||||||||||||||||||||||||||||||||
Tax-exempt | 0 | 137,020 | 0 | 137,020 | |||||||||||||||||||||||||||||
Taxable | 0 | 24,817 | 0 | 24,817 | |||||||||||||||||||||||||||||
Mortgage-backed securities | 0 | 80,196 | 0 | 80,196 | |||||||||||||||||||||||||||||
Collateralized mortgage obligations, | |||||||||||||||||||||||||||||||||
Issued by U.S. Government agencies | 0 | 183,510 | 0 | 183,510 | |||||||||||||||||||||||||||||
Trust preferred securities issued by individual institutions | 0 | 5,171 | 0 | 5,171 | |||||||||||||||||||||||||||||
Collateralized debt obligations: | |||||||||||||||||||||||||||||||||
Pooled trust preferred securities - senior tranches | 0 | 0 | 1,613 | 1,613 | |||||||||||||||||||||||||||||
Other collateralized debt obligations | 0 | 660 | 0 | 660 | |||||||||||||||||||||||||||||
Total debt securities | 0 | 462,591 | 1,613 | 464,204 | |||||||||||||||||||||||||||||
Marketable equity securities | 8,373 | 0 | 0 | 8,373 | |||||||||||||||||||||||||||||
Total available-for-sale securities | 8,373 | 462,591 | 1,613 | 472,577 | |||||||||||||||||||||||||||||
Servicing rights | 0 | 0 | 605 | 605 | |||||||||||||||||||||||||||||
Total recurring fair value measurements | $ | 8,373 | $ | 462,591 | $ | 2,218 | $ | 473,182 | |||||||||||||||||||||||||
Nonrecurring fair value measurements | |||||||||||||||||||||||||||||||||
Impaired loans with a valuation allowance | $ | 0 | $ | 0 | $ | 2,710 | $ | 2,710 | |||||||||||||||||||||||||
Valuation allowance | 0 | 0 | (623 | ) | (623 | ) | |||||||||||||||||||||||||||
Impaired loans, net | 0 | 0 | 2,087 | 2,087 | |||||||||||||||||||||||||||||
Foreclosed assets held for sale | 0 | 0 | 879 | 879 | |||||||||||||||||||||||||||||
Total nonrecurring fair value measurements | $ | 0 | $ | 0 | $ | 2,966 | $ | 2,966 | |||||||||||||||||||||||||
Fair Value Inputs, Assets, Quantitative Information [Table Text Block] | ' | ||||||||||||||||||||||||||||||||
Asset | Fair Value at | Valuation | Unobservable | Method or Value As of | |||||||||||||||||||||||||||||
9/30/13 | Technique | Input(s) | 9/30/13 | ||||||||||||||||||||||||||||||
(In Thousands) | |||||||||||||||||||||||||||||||||
Servicing rights | $ | 1,049 | Discounted cash flow | Discount rate | 12 | % | Rate used through modeling period | ||||||||||||||||||||||||||
Loan prepayment speeds | 147 | % | Weighted-average PSA | ||||||||||||||||||||||||||||||
Servicing fees | 0.25 | % | of loan balances | ||||||||||||||||||||||||||||||
4 | % | of payments are late | |||||||||||||||||||||||||||||||
5 | % | late fees assessed | |||||||||||||||||||||||||||||||
$ | 1.94 | Miscellaneous fees per account per month | |||||||||||||||||||||||||||||||
Servicing costs | $ | 6 | Monthly servicing cost per account | ||||||||||||||||||||||||||||||
$ | 24 | Additional monthly servicing cost per loan on loans more than 30 days delinquent | |||||||||||||||||||||||||||||||
1.5 | % | of loans more than 30 days delinquent | |||||||||||||||||||||||||||||||
3 | % | annual increase in servicing costs | |||||||||||||||||||||||||||||||
Asset | Fair Value at | Valuation | Unobservable | Method or Value As of | |||||||||||||||||||||||||||||
12/31/12 | Technique | Input(s) | 12/31/12 | ||||||||||||||||||||||||||||||
(In Thousands) | |||||||||||||||||||||||||||||||||
Pooled trust preferred securities - senior tranches | $ | 1,613 | Discounted cash flow | Issuer defaults | 50.26 | % | Actual deferrals and defaults as % of outstanding collateral | ||||||||||||||||||||||||||
19.73 | % | Expected additional net deferrals and defaults as % of performing collateral | |||||||||||||||||||||||||||||||
Issuer prepayments | 41.24 | % | Expected issuer prepayments as % of performing collateral | ||||||||||||||||||||||||||||||
Discount rate | 11.7 | % | Implied 7.57% discount rate at 12/31/07 plus 4.13% spread for credit and liquidity risk | ||||||||||||||||||||||||||||||
Servicing rights | 605 | Discounted cash flow | Discount rate | 12 | % | Rate used through modeling period | |||||||||||||||||||||||||||
Loan prepayment speeds | 288 | % | Weighted-average PSA | ||||||||||||||||||||||||||||||
Servicing fees | 0.25 | % | of loan balances | ||||||||||||||||||||||||||||||
5 | % | of payments are late | |||||||||||||||||||||||||||||||
5 | % | late fees assessed | |||||||||||||||||||||||||||||||
$ | 1.94 | Miscellaneous fees per account per month | |||||||||||||||||||||||||||||||
Servicing costs | $ | 6 | Monthly servicing cost per account | ||||||||||||||||||||||||||||||
$ | 24 | Additional monthly servicing cost per loan on loans more than 30 days delinquent | |||||||||||||||||||||||||||||||
1.5 | % | of loans more than 30 days delinquent | |||||||||||||||||||||||||||||||
3 | % | annual increase in servicing costs | |||||||||||||||||||||||||||||||
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block] | ' | ||||||||||||||||||||||||||||||||
Three Months Ended September 30, 2013 | Nine Months Ended September 30, 2013 | ||||||||||||||||||||||||||||||||
(In Thousands) | Pooled Trust | Pooled Trust | Servicing | Total | Pooled Trust | Pooled Trust | Servicing | Total | |||||||||||||||||||||||||
Preferred | Preferred | Rights | Preferred | Preferred | Rights | ||||||||||||||||||||||||||||
Securities - | Securities - | Securities - | Securities - | ||||||||||||||||||||||||||||||
Senior | Mezzanine | Senior | Mezzanine | ||||||||||||||||||||||||||||||
Tranches | Tranches | Tranches | Tranches | ||||||||||||||||||||||||||||||
Balance, beginning of period | $ | 0 | $ | 0 | $ | 850 | $ | 850 | $ | 1,613 | $ | 0 | $ | 605 | $ | 2,218 | |||||||||||||||||
Issuances of servicing rights | 0 | 0 | 240 | 240 | 0 | 0 | 556 | 556 | |||||||||||||||||||||||||
Accretion and amortization, net | 0 | 0 | 0 | 0 | (2 | ) | 0 | 0 | (2 | ) | |||||||||||||||||||||||
Proceeds from sales and calls | 0 | 0 | 0 | 0 | (1,636 | ) | (571 | ) | 0 | (2,207 | ) | ||||||||||||||||||||||
Realized gains, net | 0 | 0 | 0 | 0 | 23 | 571 | 0 | 594 | |||||||||||||||||||||||||
Unrealized losses included in earnings | 0 | 0 | (41 | ) | (41 | ) | 0 | 0 | (112 | ) | (112 | ) | |||||||||||||||||||||
Unrealized (losses) gains included in other comprehensive income | 0 | 0 | 0 | 0 | 2 | 0 | 0 | 2 | |||||||||||||||||||||||||
Balance, end of period | $ | 0 | $ | 0 | $ | 1,049 | $ | 1,049 | $ | 0 | $ | 0 | $ | 1,049 | $ | 1,049 | |||||||||||||||||
Three Months Ended September 30, 2012 | Nine Months Ended September 30, 2012 | ||||||||||||||||||||||||||||||||
Pooled Trust | Pooled Trust | Servicing | Total | Pooled Trust | Pooled Trust | Servicing | Total | ||||||||||||||||||||||||||
Preferred | Preferred | Rights | Preferred | Preferred | Rights | ||||||||||||||||||||||||||||
Securities - | Securities - | Securities - | Securities - | ||||||||||||||||||||||||||||||
Senior | Mezzanine | Senior | Mezzanine | ||||||||||||||||||||||||||||||
Tranches | Tranches | Tranches | Tranches | ||||||||||||||||||||||||||||||
Balance, beginning of period | $ | 2,386 | $ | 1,146 | $ | 460 | $ | 3,992 | $ | 4,638 | $ | 730 | $ | 375 | $ | 5,743 | |||||||||||||||||
Issuances of servicing rights | 0 | 0 | 133 | 133 | 0 | 0 | 262 | 262 | |||||||||||||||||||||||||
Accretion and amortization, net | (1 | ) | 0 | 0 | (1 | ) | (6 | ) | 0 | 0 | (6 | ) | |||||||||||||||||||||
Proceeds from sales and calls | 0 | (1,781 | ) | 0 | (1,781 | ) | (2,515 | ) | (1,835 | ) | 0 | (4,350 | ) | ||||||||||||||||||||
Realized gains, net | 0 | 1,781 | 0 | 1,781 | 40 | 1,835 | 0 | 1,875 | |||||||||||||||||||||||||
Unrealized losses included in earnings | 0 | 0 | (25 | ) | (25 | ) | 0 | 0 | (69 | ) | (69 | ) | |||||||||||||||||||||
Unrealized gains (losses) included in other comprehensive income | 111 | (1,146 | ) | 0 | (1,035 | ) | 339 | (730 | ) | 0 | (391 | ) | |||||||||||||||||||||
Balance, end of period | $ | 2,496 | $ | 0 | $ | 568 | $ | 3,064 | $ | 2,496 | $ | 0 | $ | 568 | $ | 3,064 | |||||||||||||||||
Fair Value Measurements, Recurring and Nonrecurring [Table Text Block] | ' | ||||||||||||||||||||||||||||||||
(In Thousands) | Valuation | 30-Sep-13 | 31-Dec-12 | ||||||||||||||||||||||||||||||
Method(s) | Carrying | Fair | Carrying | Fair | |||||||||||||||||||||||||||||
Used | Amount | Value | Amount | Value | |||||||||||||||||||||||||||||
Financial assets: | |||||||||||||||||||||||||||||||||
Cash and cash equivalents | Level 1 | $ | 37,707 | $ | 37,707 | $ | 55,016 | $ | 55,016 | ||||||||||||||||||||||||
Certificates of deposit | Level 2 | 5,540 | 5,596 | 4,820 | 4,860 | ||||||||||||||||||||||||||||
Available-for-sale securities | See Above | 475,650 | 475,650 | 472,577 | 472,577 | ||||||||||||||||||||||||||||
Restricted equity securities (included in Other Assets) | Level 2 | 2,989 | 2,989 | 4,842 | 4,842 | ||||||||||||||||||||||||||||
Loans held for sale | Level 1 | 801 | 801 | 2,545 | 2,545 | ||||||||||||||||||||||||||||
Loans, net | Level 3 | 641,345 | 645,271 | 677,053 | 693,047 | ||||||||||||||||||||||||||||
Accrued interest receivable | Level 1 | 4,223 | 4,223 | 4,281 | 4,281 | ||||||||||||||||||||||||||||
Servicing rights | Level 3 | 1,049 | 1,049 | 605 | 605 | ||||||||||||||||||||||||||||
Financial liabilities: | |||||||||||||||||||||||||||||||||
Deposits with no stated maturity | Level 1 | 693,219 | 693,219 | 693,687 | 693,687 | ||||||||||||||||||||||||||||
Time deposits | Level 3 | 270,246 | 271,800 | 312,419 | 315,005 | ||||||||||||||||||||||||||||
Short-term borrowings | Level 3 | 4,833 | 4,791 | 5,567 | 5,527 | ||||||||||||||||||||||||||||
Long-term borrowings | Level 3 | 73,405 | 81,854 | 83,812 | 96,032 | ||||||||||||||||||||||||||||
Accrued interest payable | Level 1 | 111 | 111 | 137 | 137 |
Note_6_Securities_Tables
Note 6 - Securities (Tables) | 9 Months Ended | ||||||||||||||||||||||||
Sep. 30, 2013 | |||||||||||||||||||||||||
Investments, Debt and Equity Securities [Abstract] | ' | ||||||||||||||||||||||||
Available-for-sale Securities [Table Text Block] | ' | ||||||||||||||||||||||||
30-Sep-13 | |||||||||||||||||||||||||
(In Thousands) | Amortized | Gross | Gross | Fair | |||||||||||||||||||||
Cost | Unrealized | Unrealized | Value | ||||||||||||||||||||||
Holding | Holding | ||||||||||||||||||||||||
Gains | Losses | ||||||||||||||||||||||||
Obligations of U.S. Government agencies | $ | 47,445 | $ | 365 | $ | (1,426 | ) | $ | 46,384 | ||||||||||||||||
Obligations of states and political subdivisions: | |||||||||||||||||||||||||
Tax-exempt | 129,884 | 3,198 | (1,986 | ) | 131,096 | ||||||||||||||||||||
Taxable | 31,582 | 261 | (632 | ) | 31,211 | ||||||||||||||||||||
Mortgage-backed securities | 80,190 | 2,405 | (241 | ) | 82,354 | ||||||||||||||||||||
Collateralized mortgage obligations, | |||||||||||||||||||||||||
Issued by U.S. Government agencies | 176,208 | 1,515 | (2,645 | ) | 175,078 | ||||||||||||||||||||
Collateralized debt obligations | 660 | 0 | 0 | 660 | |||||||||||||||||||||
Total debt securities | 465,969 | 7,744 | (6,930 | ) | 466,783 | ||||||||||||||||||||
Marketable equity securities | 5,802 | 3,066 | (1 | ) | 8,867 | ||||||||||||||||||||
Total | $ | 471,771 | $ | 10,810 | $ | (6,931 | ) | $ | 475,650 | ||||||||||||||||
31-Dec-12 | |||||||||||||||||||||||||
(In Thousands) | Amortized | Gross | Gross | Fair | |||||||||||||||||||||
Cost | Unrealized | Unrealized | Value | ||||||||||||||||||||||
Holding | Holding | ||||||||||||||||||||||||
Gains | Losses | ||||||||||||||||||||||||
Obligations of U.S. Government agencies | $ | 30,695 | $ | 572 | $ | (50 | ) | $ | 31,217 | ||||||||||||||||
Obligations of states and political subdivisions: | |||||||||||||||||||||||||
Tax-exempt | 130,168 | 7,030 | (178 | ) | 137,020 | ||||||||||||||||||||
Taxable | 24,426 | 462 | (71 | ) | 24,817 | ||||||||||||||||||||
Mortgage-backed securities | 76,368 | 3,828 | 0 | 80,196 | |||||||||||||||||||||
Collateralized mortgage obligations, | |||||||||||||||||||||||||
Issued by U.S. Government agencies | 179,770 | 3,887 | (147 | ) | 183,510 | ||||||||||||||||||||
Trust preferred securities issued by individual institutions | 5,167 | 4 | 0 | 5,171 | |||||||||||||||||||||
Collateralized debt obligations: | |||||||||||||||||||||||||
Pooled trust preferred securities - senior tranches | 1,615 | 0 | (2 | ) | 1,613 | ||||||||||||||||||||
Other collateralized debt obligations | 660 | 0 | 0 | 660 | |||||||||||||||||||||
Total debt securities | 448,869 | 15,783 | (448 | ) | 464,204 | ||||||||||||||||||||
Marketable equity securities | 5,912 | 2,500 | (39 | ) | 8,373 | ||||||||||||||||||||
Total | $ | 454,781 | $ | 18,283 | $ | (487 | ) | $ | 472,577 | ||||||||||||||||
Schedule of Unrealized Loss on Investments [Table Text Block] | ' | ||||||||||||||||||||||||
30-Sep-13 | Less Than 12 Months | 12 Months or More | Total | ||||||||||||||||||||||
(In Thousands) | Fair | Unrealized | Fair | Unrealized | Fair | Unrealized | |||||||||||||||||||
Value | Losses | Value | Losses | Value | Losses | ||||||||||||||||||||
Obligations of U.S. Government agencies | $ | 27,489 | $ | (1,426 | ) | $ | 0 | $ | 0 | $ | 27,489 | $ | (1,426 | ) | |||||||||||
Obligations of states and political subdivisions: | |||||||||||||||||||||||||
Tax-exempt | 42,396 | (1,771 | ) | 2,719 | (215 | ) | 45,115 | (1,986 | ) | ||||||||||||||||
Taxable | 14,013 | (550 | ) | 2,117 | (82 | ) | 16,130 | (632 | ) | ||||||||||||||||
Mortgage-backed securities | 9,525 | (241 | ) | 0 | 0 | 9,525 | (241 | ) | |||||||||||||||||
Collateralized mortgage obligations, | |||||||||||||||||||||||||
Issued by U.S. Government agencies | 82,290 | (2,487 | ) | 4,609 | (158 | ) | 86,899 | (2,645 | ) | ||||||||||||||||
Total debt securities | 175,713 | (6,475 | ) | 9,445 | (455 | ) | 185,158 | (6,930 | ) | ||||||||||||||||
Marketable equity securities | 5 | (1 | ) | 0 | 0 | 5 | (1 | ) | |||||||||||||||||
Total temporarily impaired available-for-sale securities | $ | 175,718 | $ | (6,476 | ) | $ | 9,445 | $ | (455 | ) | $ | 185,163 | $ | (6,931 | ) | ||||||||||
31-Dec-12 | Less Than 12 Months | 12 Months or More | Total | ||||||||||||||||||||||
(In Thousands) | Fair | Unrealized | Fair | Unrealized | Fair | Unrealized | |||||||||||||||||||
Value | Losses | Value | Losses | Value | Losses | ||||||||||||||||||||
Obligations of U.S. Government agencies | $ | 10,006 | $ | (50 | ) | $ | 0 | $ | 0 | $ | 10,006 | $ | (50 | ) | |||||||||||
Obligations of states and political subdivisions: | |||||||||||||||||||||||||
Tax-exempt | 7,082 | (92 | ) | 3,285 | (86 | ) | 10,367 | (178 | ) | ||||||||||||||||
Taxable | 4,149 | (71 | ) | 0 | 0 | 4,149 | (71 | ) | |||||||||||||||||
Collateralized mortgage obligations, | |||||||||||||||||||||||||
Issued by U.S. Government agencies | 16,755 | (146 | ) | 454 | (1 | ) | 17,209 | (147 | ) | ||||||||||||||||
Collateralized debt obligations, | |||||||||||||||||||||||||
Pooled trust preferred securities - senior tranches | 0 | 0 | 1,613 | (2 | ) | 1,613 | (2 | ) | |||||||||||||||||
Total debt securities | 37,992 | (359 | ) | 5,352 | (89 | ) | 43,344 | (448 | ) | ||||||||||||||||
Marketable equity securities | 95 | (6 | ) | 67 | (33 | ) | 162 | (39 | ) | ||||||||||||||||
Total temporarily impaired available-for-sale securities | $ | 38,087 | $ | (365 | ) | $ | 5,419 | $ | (122 | ) | $ | 43,506 | $ | (487 | ) | ||||||||||
Realized Gain (Loss) on Investments [Table Text Block] | ' | ||||||||||||||||||||||||
(In Thousands) | 3 Months Ended | 9 Months Ended | |||||||||||||||||||||||
Sept. 30, | Sept. 30, | Sept. 30, | Sept. 30, | ||||||||||||||||||||||
2013 | 2012 | 2013 | 2012 | ||||||||||||||||||||||
Gross realized gains from sales | $ | 193 | $ | 2,430 | $ | 1,595 | $ | 2,747 | |||||||||||||||||
Gross realized losses from sales | 0 | 0 | (118 | ) | (49 | ) | |||||||||||||||||||
Losses from OTTI impairment | 0 | 0 | (25 | ) | (67 | ) | |||||||||||||||||||
Net realized gains | $ | 193 | $ | 2,430 | $ | 1,452 | $ | 2,631 | |||||||||||||||||
Investments Classified by Contractual Maturity Date [Table Text Block] | ' | ||||||||||||||||||||||||
(In Thousands) | Amortized | Fair | |||||||||||||||||||||||
Cost | Value | ||||||||||||||||||||||||
Due in one year or less | $ | 26,404 | $ | 26,650 | |||||||||||||||||||||
Due from one year through five years | 43,581 | 44,227 | |||||||||||||||||||||||
Due from five years through ten years | 77,448 | 75,606 | |||||||||||||||||||||||
Due after ten years | 62,138 | 62,868 | |||||||||||||||||||||||
Subtotal | 209,571 | 209,351 | |||||||||||||||||||||||
Mortgage-backed securities | 80,190 | 82,354 | |||||||||||||||||||||||
Collateralized mortgage obligations, | |||||||||||||||||||||||||
Issued by U.S. Government agencies | 176,208 | 175,078 | |||||||||||||||||||||||
Total | $ | 465,969 | $ | 466,783 |
Note_7_Loans_Tables
Note 7 - Loans (Tables) | 9 Months Ended | ||||||||||||||||||||||||||||||||
Sep. 30, 2013 | |||||||||||||||||||||||||||||||||
Note 7 - Loans (Tables) [Line Items] | ' | ||||||||||||||||||||||||||||||||
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block] | ' | ||||||||||||||||||||||||||||||||
(In Thousands) | Sept. 30, | Dec. 31, | |||||||||||||||||||||||||||||||
2013 | 2012 | ||||||||||||||||||||||||||||||||
Residential mortgage: | |||||||||||||||||||||||||||||||||
Residential mortgage loans - first liens | $ | 301,794 | $ | 311,627 | |||||||||||||||||||||||||||||
Residential mortgage loans - junior liens | 24,079 | 26,748 | |||||||||||||||||||||||||||||||
Home equity lines of credit | 34,360 | 33,017 | |||||||||||||||||||||||||||||||
1-4 Family residential construction | 15,746 | 12,842 | |||||||||||||||||||||||||||||||
Total residential mortgage | 375,979 | 384,234 | |||||||||||||||||||||||||||||||
Commercial: | |||||||||||||||||||||||||||||||||
Commercial loans secured by real estate | 151,602 | 158,413 | |||||||||||||||||||||||||||||||
Commercial and industrial | 44,312 | 48,442 | |||||||||||||||||||||||||||||||
Political subdivisions | 13,905 | 31,789 | |||||||||||||||||||||||||||||||
Commercial construction and land | 21,630 | 28,200 | |||||||||||||||||||||||||||||||
Loans secured by farmland | 10,711 | 11,403 | |||||||||||||||||||||||||||||||
Multi-family (5 or more) residential | 5,994 | 6,745 | |||||||||||||||||||||||||||||||
Agricultural loans | 3,085 | 3,053 | |||||||||||||||||||||||||||||||
Other commercial loans | 9,858 | 362 | |||||||||||||||||||||||||||||||
Total commercial | 261,097 | 288,407 | |||||||||||||||||||||||||||||||
Consumer | 11,399 | 11,269 | |||||||||||||||||||||||||||||||
Total | 648,475 | 683,910 | |||||||||||||||||||||||||||||||
Less: allowance for loan losses | (7,130 | ) | (6,857 | ) | |||||||||||||||||||||||||||||
Loans, net | $ | 641,345 | $ | 677,053 | |||||||||||||||||||||||||||||
Allowance for Credit Losses on Financing Receivables [Table Text Block] | ' | ||||||||||||||||||||||||||||||||
(In Thousands) | Dec. 31, | Charge-offs | Recoveries | Provision | Sept. 30, | ||||||||||||||||||||||||||||
2012 | (Credit) | 2013 | |||||||||||||||||||||||||||||||
Balance | Balance | ||||||||||||||||||||||||||||||||
Allowance for Loan Losses: | |||||||||||||||||||||||||||||||||
Residential mortgage: | |||||||||||||||||||||||||||||||||
Residential mortgage loans - first liens | $ | 2,619 | $ | (65 | ) | $ | 11 | $ | 360 | $ | 2,925 | ||||||||||||||||||||||
Residential mortgage loans - junior liens | 247 | 0 | 0 | (33 | ) | 214 | |||||||||||||||||||||||||||
Home equity lines of credit | 255 | 0 | 0 | 13 | 268 | ||||||||||||||||||||||||||||
1-4 Family residential construction | 96 | (11 | ) | 0 | 104 | 189 | |||||||||||||||||||||||||||
Total residential mortgage | 3,217 | (76 | ) | 11 | 444 | 3,596 | |||||||||||||||||||||||||||
Commercial: | |||||||||||||||||||||||||||||||||
Commercial loans secured by real estate | 1,930 | (169 | ) | 343 | (442 | ) | 1,662 | ||||||||||||||||||||||||||
Commercial and industrial | 581 | (286 | ) | 3 | 298 | 596 | |||||||||||||||||||||||||||
Political subdivisions | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||||||||||||||
Commercial construction and land | 234 | (4 | ) | 0 | 164 | 394 | |||||||||||||||||||||||||||
Loans secured by farmland | 129 | 0 | 0 | (12 | ) | 117 | |||||||||||||||||||||||||||
Multi-family (5 or more) residential | 67 | 0 | 0 | (12 | ) | 55 | |||||||||||||||||||||||||||
Agricultural loans | 27 | 0 | 0 | 1 | 28 | ||||||||||||||||||||||||||||
Other commercial loans | 3 | 0 | 0 | 88 | 91 | ||||||||||||||||||||||||||||
Total commercial | 2,971 | (459 | ) | 346 | 85 | 2,943 | |||||||||||||||||||||||||||
Consumer | 228 | (84 | ) | 47 | 2 | 193 | |||||||||||||||||||||||||||
Unallocated | 441 | 0 | 0 | (43 | ) | 398 | |||||||||||||||||||||||||||
Total Allowance for Loan Losses | $ | 6,857 | $ | (619 | ) | $ | 404 | $ | 488 | $ | 7,130 | ||||||||||||||||||||||
(In Thousands) | Dec. 31, | Charge-offs | Recoveries | Provision | Sept. 30, | ||||||||||||||||||||||||||||
2011 | (Credit) | 2012 | |||||||||||||||||||||||||||||||
Balance | Balance | ||||||||||||||||||||||||||||||||
Allowance for Loan Losses: | |||||||||||||||||||||||||||||||||
Residential mortgage: | |||||||||||||||||||||||||||||||||
Residential mortgage loans - first liens | $ | 3,026 | $ | (222 | ) | $ | 18 | $ | 154 | $ | 2,976 | ||||||||||||||||||||||
Residential mortgage loans - junior liens | 266 | 0 | 0 | (14 | ) | 252 | |||||||||||||||||||||||||||
Home equity lines of credit | 231 | 0 | 0 | 20 | 251 | ||||||||||||||||||||||||||||
1-4 Family residential construction | 79 | 0 | 0 | 19 | 98 | ||||||||||||||||||||||||||||
Total residential mortgage | 3,602 | (222 | ) | 18 | 179 | 3,577 | |||||||||||||||||||||||||||
Commercial: | |||||||||||||||||||||||||||||||||
Commercial loans secured by real estate | 2,004 | 0 | 0 | (28 | ) | 1,976 | |||||||||||||||||||||||||||
Commercial and industrial | 946 | (43 | ) | 6 | (232 | ) | 677 | ||||||||||||||||||||||||||
Political subdivisions | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||||||||||||||
Commercial construction and land | 267 | 0 | 0 | 409 | 676 | ||||||||||||||||||||||||||||
Loans secured by farmland | 126 | 0 | 0 | (6 | ) | 120 | |||||||||||||||||||||||||||
Multi-family (5 or more) residential | 66 | 0 | 0 | (5 | ) | 61 | |||||||||||||||||||||||||||
Agricultural loans | 27 | 0 | 0 | 2 | 29 | ||||||||||||||||||||||||||||
Other commercial loans | 5 | 0 | 0 | (2 | ) | 3 | |||||||||||||||||||||||||||
Total commercial | 3,441 | (43 | ) | 6 | 138 | 3,542 | |||||||||||||||||||||||||||
Consumer | 228 | (139 | ) | 46 | 103 | 238 | |||||||||||||||||||||||||||
Unallocated | 434 | 0 | 0 | 1 | 435 | ||||||||||||||||||||||||||||
Total Allowance for Loan Losses | $ | 7,705 | $ | (404 | ) | $ | 70 | $ | 421 | $ | 7,792 | ||||||||||||||||||||||
(In Thousands) | June 30, | Charge-offs | Recoveries | Provision | Sept. 30, | ||||||||||||||||||||||||||||
2013 | (Credit) | 2013 | |||||||||||||||||||||||||||||||
Balance | Balance | ||||||||||||||||||||||||||||||||
Allowance for Loan Losses: | |||||||||||||||||||||||||||||||||
Residential mortgage: | |||||||||||||||||||||||||||||||||
Residential mortgage loans - first liens | $ | 2,871 | $ | 0 | $ | 0 | $ | 54 | $ | 2,925 | |||||||||||||||||||||||
Residential mortgage loans - junior liens | 229 | 0 | 0 | (15 | ) | 214 | |||||||||||||||||||||||||||
Home equity lines of credit | 258 | 0 | 0 | 10 | 268 | ||||||||||||||||||||||||||||
1-4 Family residential construction | 179 | 0 | 0 | 10 | 189 | ||||||||||||||||||||||||||||
Total residential mortgage | 3,537 | 0 | 0 | 59 | 3,596 | ||||||||||||||||||||||||||||
Commercial: | |||||||||||||||||||||||||||||||||
Commercial loans secured by real estate | 1,944 | (169 | ) | 50 | (163 | ) | 1,662 | ||||||||||||||||||||||||||
Commercial and industrial | 628 | (176 | ) | 1 | 143 | 596 | |||||||||||||||||||||||||||
Political subdivisions | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||||||||||||||
Commercial construction and land | 258 | 0 | 0 | 136 | 394 | ||||||||||||||||||||||||||||
Loans secured by farmland | 121 | 0 | 0 | (4 | ) | 117 | |||||||||||||||||||||||||||
Multi-family (5 or more) residential | 64 | 0 | 0 | (9 | ) | 55 | |||||||||||||||||||||||||||
Agricultural loans | 28 | 0 | 0 | 0 | 28 | ||||||||||||||||||||||||||||
Other commercial loans | 5 | 0 | 0 | 86 | 91 | ||||||||||||||||||||||||||||
Total commercial | 3,048 | (345 | ) | 51 | 189 | 2,943 | |||||||||||||||||||||||||||
Consumer | 215 | (29 | ) | 16 | (9 | ) | 193 | ||||||||||||||||||||||||||
Unallocated | 398 | 0 | 0 | 0 | 398 | ||||||||||||||||||||||||||||
Total Allowance for Loan Losses | $ | 7,198 | $ | (374 | ) | $ | 67 | $ | 239 | $ | 7,130 | ||||||||||||||||||||||
(In Thousands) | June 30, | Charge-offs | Recoveries | Provision | Sept. 30, | ||||||||||||||||||||||||||||
2012 | (Credit) | 2012 | |||||||||||||||||||||||||||||||
Balance | Balance | ||||||||||||||||||||||||||||||||
Allowance for Loan Losses: | |||||||||||||||||||||||||||||||||
Residential mortgage: | |||||||||||||||||||||||||||||||||
Residential mortgage loans - first liens | $ | 2,888 | $ | (34 | ) | $ | 0 | $ | 122 | 2,976 | |||||||||||||||||||||||
Residential mortgage loans - junior liens | 254 | 0 | 0 | (2 | ) | 252 | |||||||||||||||||||||||||||
Home equity lines of credit | 245 | 0 | 0 | 6 | 251 | ||||||||||||||||||||||||||||
1-4 Family residential construction | 80 | 0 | 0 | 18 | 98 | ||||||||||||||||||||||||||||
Total residential mortgage | 3,467 | (34 | ) | 0 | 144 | 3,577 | |||||||||||||||||||||||||||
Commercial: | |||||||||||||||||||||||||||||||||
Commercial loans secured by real estate | 1,976 | 0 | 0 | 0 | 1,976 | ||||||||||||||||||||||||||||
Commercial and industrial | 712 | (8 | ) | 1 | (28 | ) | 677 | ||||||||||||||||||||||||||
Political subdivisions | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||||||||||||||
Commercial construction and land | 606 | 0 | 0 | 70 | 676 | ||||||||||||||||||||||||||||
Loans secured by farmland | 117 | 0 | 0 | 3 | 120 | ||||||||||||||||||||||||||||
Multi-family (5 or more) residential | 64 | 0 | 0 | (3 | ) | 61 | |||||||||||||||||||||||||||
Agricultural loans | 29 | 0 | 0 | 0 | 29 | ||||||||||||||||||||||||||||
Other commercial loans | 5 | 0 | 0 | (2 | ) | 3 | |||||||||||||||||||||||||||
Total commercial | 3,509 | (8 | ) | 1 | 40 | 3,542 | |||||||||||||||||||||||||||
Consumer | 245 | (71 | ) | 11 | 53 | 238 | |||||||||||||||||||||||||||
Unallocated | 436 | 0 | 0 | (1 | ) | 435 | |||||||||||||||||||||||||||
Total Allowance for Loan Losses | $ | 7,657 | $ | (113 | ) | $ | 12 | $ | 236 | $ | 7,792 | ||||||||||||||||||||||
Financing Receivable Credit Quality Indicators [Table Text Block] | ' | ||||||||||||||||||||||||||||||||
September 30, 2013: | Pass | Special | Substandard | Doubtful | Total | ||||||||||||||||||||||||||||
(In Thousands) | Mention | ||||||||||||||||||||||||||||||||
Residential Mortgage: | |||||||||||||||||||||||||||||||||
Residential mortgage loans - first liens | $ | 287,370 | $ | 2,525 | $ | 11,714 | $ | 185 | $ | 301,794 | |||||||||||||||||||||||
Residential mortgage loans - junior liens | 23,004 | 254 | 821 | 0 | 24,079 | ||||||||||||||||||||||||||||
Home equity lines of credit | 34,019 | 50 | 291 | 0 | 34,360 | ||||||||||||||||||||||||||||
1-4 Family residential construction | 15,674 | 0 | 72 | 0 | 15,746 | ||||||||||||||||||||||||||||
Total residential mortgage | 360,067 | 2,829 | 12,898 | 185 | 375,979 | ||||||||||||||||||||||||||||
Commercial: | |||||||||||||||||||||||||||||||||
Commercial loans secured by real estate | 134,974 | 12,196 | 4,285 | 147 | 151,602 | ||||||||||||||||||||||||||||
Commercial and Industrial | 37,610 | 3,575 | 2,877 | 250 | 44,312 | ||||||||||||||||||||||||||||
Political subdivisions | 13,905 | 0 | 0 | 0 | 13,905 | ||||||||||||||||||||||||||||
Commercial construction and land | 18,534 | 222 | 2,126 | 748 | 21,630 | ||||||||||||||||||||||||||||
Loans secured by farmland | 8,500 | 763 | 1,417 | 31 | 10,711 | ||||||||||||||||||||||||||||
Multi-family (5 or more) residential | 5,666 | 323 | 5 | 0 | 5,994 | ||||||||||||||||||||||||||||
Agricultural loans | 2,997 | 36 | 52 | 0 | 3,085 | ||||||||||||||||||||||||||||
Other commercial loans | 9,756 | 102 | 0 | 0 | 9,858 | ||||||||||||||||||||||||||||
Total commercial | 231,942 | 17,217 | 10,762 | 1,176 | 261,097 | ||||||||||||||||||||||||||||
Consumer | 11,219 | 11 | 168 | 1 | 11,399 | ||||||||||||||||||||||||||||
Totals | $ | 603,228 | $ | 20,057 | $ | 23,828 | $ | 1,362 | $ | 648,475 | |||||||||||||||||||||||
December 31, 2012: | Pass | Special | Substandard | Doubtful | Total | ||||||||||||||||||||||||||||
(In Thousands) | Mention | ||||||||||||||||||||||||||||||||
Residential Mortgage: | |||||||||||||||||||||||||||||||||
Residential mortgage loans - first liens | $ | 295,929 | $ | 3,633 | $ | 11,872 | $ | 193 | $ | 311,627 | |||||||||||||||||||||||
Residential mortgage loans - junior liens | 25,394 | 420 | 934 | 0 | 26,748 | ||||||||||||||||||||||||||||
Home equity lines of credit | 32,374 | 130 | 513 | 0 | 33,017 | ||||||||||||||||||||||||||||
1-4 Family residential construction | 12,759 | 0 | 83 | 0 | 12,842 | ||||||||||||||||||||||||||||
Total residential mortgage | 366,456 | 4,183 | 13,402 | 193 | 384,234 | ||||||||||||||||||||||||||||
Commercial: | |||||||||||||||||||||||||||||||||
Commercial loans secured by real estate | 146,381 | 6,994 | 5,038 | 0 | 158,413 | ||||||||||||||||||||||||||||
Commercial and Industrial | 41,237 | 3,030 | 3,810 | 365 | 48,442 | ||||||||||||||||||||||||||||
Political subdivisions | 31,679 | 110 | 0 | 0 | 31,789 | ||||||||||||||||||||||||||||
Commercial construction and land | 26,744 | 231 | 477 | 748 | 28,200 | ||||||||||||||||||||||||||||
Loans secured by farmland | 9,102 | 751 | 1,517 | 33 | 11,403 | ||||||||||||||||||||||||||||
Multi-family (5 or more) residential | 6,394 | 342 | 9 | 0 | 6,745 | ||||||||||||||||||||||||||||
Agricultural loans | 2,963 | 28 | 62 | 0 | 3,053 | ||||||||||||||||||||||||||||
Other commercial loans | 362 | 0 | 0 | 0 | 362 | ||||||||||||||||||||||||||||
Total commercial | 264,862 | 11,486 | 10,913 | 1,146 | 288,407 | ||||||||||||||||||||||||||||
Consumer | 11,053 | 12 | 203 | 1 | 11,269 | ||||||||||||||||||||||||||||
Totals | $ | 642,371 | $ | 15,681 | $ | 24,518 | $ | 1,340 | $ | 683,910 | |||||||||||||||||||||||
Impaired Financing Receivables [Table Text Block] | ' | ||||||||||||||||||||||||||||||||
30-Sep-13 | Loans: | Allowance for Loan Losses: | |||||||||||||||||||||||||||||||
(In Thousands) | |||||||||||||||||||||||||||||||||
Individually | Collectively | Totals | Individually | Collectively | Totals | ||||||||||||||||||||||||||||
Evaluated | Evaluated | Evaluated | Evaluated | ||||||||||||||||||||||||||||||
Residential mortgage: | |||||||||||||||||||||||||||||||||
Residential mortgage loans - first liens | $ | 3,191 | $ | 298,603 | $ | 301,794 | $ | 387 | $ | 2,538 | $ | 2,925 | |||||||||||||||||||||
Residential mortgage loans - junior liens | 312 | 23,767 | 24,079 | 0 | 214 | 214 | |||||||||||||||||||||||||||
Home equity lines of credit | 0 | 34,360 | 34,360 | 0 | 268 | 268 | |||||||||||||||||||||||||||
1-4 Family residential construction | 0 | 15,746 | 15,746 | 0 | 189 | 189 | |||||||||||||||||||||||||||
Total residential mortgage | 3,503 | 372,476 | 375,979 | 387 | 3,209 | 3,596 | |||||||||||||||||||||||||||
Commercial: | |||||||||||||||||||||||||||||||||
Commercial loans secured by real estate | 1,557 | 150,045 | 151,602 | 27 | 1,635 | 1,662 | |||||||||||||||||||||||||||
Commercial and industrial | 1,010 | 43,302 | 44,312 | 116 | 480 | 596 | |||||||||||||||||||||||||||
Political subdivisions | 0 | 13,905 | 13,905 | 0 | 0 | 0 | |||||||||||||||||||||||||||
Commercial construction and land | 2,805 | 18,825 | 21,630 | 142 | 252 | 394 | |||||||||||||||||||||||||||
Loans secured by farmland | 1,333 | 9,378 | 10,711 | 31 | 86 | 117 | |||||||||||||||||||||||||||
Multi-family (5 or more) residential | 5 | 5,989 | 5,994 | 0 | 55 | 55 | |||||||||||||||||||||||||||
Agricultural loans | 37 | 3,048 | 3,085 | 0 | 28 | 28 | |||||||||||||||||||||||||||
Other commercial loans | 0 | 9,858 | 9,858 | 0 | 91 | 91 | |||||||||||||||||||||||||||
Total commercial | 6,747 | 254,350 | 261,097 | 316 | 2,627 | 2,943 | |||||||||||||||||||||||||||
Consumer | 6 | 11,393 | 11,399 | 0 | 193 | 193 | |||||||||||||||||||||||||||
Unallocated | 398 | ||||||||||||||||||||||||||||||||
Total | $ | 10,256 | $ | 638,219 | $ | 648,475 | $ | 703 | $ | 6,029 | $ | 7,130 | |||||||||||||||||||||
31-Dec-12 | Loans: | Allowance for Loan Losses: | |||||||||||||||||||||||||||||||
(In Thousands) | |||||||||||||||||||||||||||||||||
Individually | Collectively | Totals | Individually | Collectively | Totals | ||||||||||||||||||||||||||||
Evaluated | Evaluated | Evaluated | Evaluated | ||||||||||||||||||||||||||||||
Residential mortgage: | |||||||||||||||||||||||||||||||||
Residential mortgage loans - first liens | $ | 2,341 | $ | 309,286 | $ | 311,627 | $ | 206 | $ | 2,413 | $ | 2,619 | |||||||||||||||||||||
Residential mortgage loans - junior liens | 158 | 26,590 | 26,748 | 0 | 247 | 247 | |||||||||||||||||||||||||||
Home equity lines of credit | 0 | 33,017 | 33,017 | 0 | 255 | 255 | |||||||||||||||||||||||||||
1-4 Family residential construction | 0 | 12,842 | 12,842 | 0 | 96 | 96 | |||||||||||||||||||||||||||
Total residential mortgage | 2,499 | 381,735 | 384,234 | 206 | 3,011 | 3,217 | |||||||||||||||||||||||||||
Commercial: | |||||||||||||||||||||||||||||||||
Commercial loans secured by real estate | 1,938 | 156,475 | 158,413 | 146 | 1,784 | 1,930 | |||||||||||||||||||||||||||
Commercial and industrial | 939 | 47,503 | 48,442 | 197 | 384 | 581 | |||||||||||||||||||||||||||
Political subdivisions | 0 | 31,789 | 31,789 | 0 | 0 | 0 | |||||||||||||||||||||||||||
Commercial construction and land | 1,034 | 27,166 | 28,200 | 0 | 234 | 234 | |||||||||||||||||||||||||||
Loans secured by farmland | 923 | 10,480 | 11,403 | 34 | 95 | 129 | |||||||||||||||||||||||||||
Multi-family (5 or more) residential | 9 | 6,736 | 6,745 | 0 | 67 | 67 | |||||||||||||||||||||||||||
Agricultural loans | 40 | 3,013 | 3,053 | 0 | 27 | 27 | |||||||||||||||||||||||||||
Other commercial loans | 0 | 362 | 362 | 0 | 3 | 3 | |||||||||||||||||||||||||||
Total commercial | 4,883 | 283,524 | 288,407 | 377 | 2,594 | 2,971 | |||||||||||||||||||||||||||
Consumer | 47 | 11,222 | 11,269 | 40 | 188 | 228 | |||||||||||||||||||||||||||
Unallocated | 441 | ||||||||||||||||||||||||||||||||
Total | $ | 7,429 | $ | 676,481 | $ | 683,910 | $ | 623 | $ | 5,793 | $ | 6,857 | |||||||||||||||||||||
Schedule of Additional Information on Impaired Loans [Table Text Block] | ' | ||||||||||||||||||||||||||||||||
(In Thousands) | 3 Months Ended | 9 Months Ended | |||||||||||||||||||||||||||||||
September 30, | September 30, | ||||||||||||||||||||||||||||||||
2013 | 2012 | 2013 | 2012 | ||||||||||||||||||||||||||||||
Average investment in impaired loans | $ | 8,773 | $ | 7,325 | $ | 8,032 | $ | 7,175 | |||||||||||||||||||||||||
Interest income recognized on impaired loans | 163 | 90 | 291 | 228 | |||||||||||||||||||||||||||||
Interest income recognized on a cash basis on impaired loans | 163 | 90 | 291 | 228 | |||||||||||||||||||||||||||||
Past Due Financing Receivables [Table Text Block] | ' | ||||||||||||||||||||||||||||||||
As of September 30, 2013 | As of December 31, 2012 | ||||||||||||||||||||||||||||||||
(In Thousands) | Current & | Past Due | Past Due | Total | Current & | Past Due | Past Due | Total | |||||||||||||||||||||||||
Past Due | 30-89 | 90+ | Past Due | 30-89 | 90+ | ||||||||||||||||||||||||||||
Less than | Days | Days | Less than | Days | Days | ||||||||||||||||||||||||||||
30 Days | 30 Days | ||||||||||||||||||||||||||||||||
Residential mortgage: | |||||||||||||||||||||||||||||||||
Residential mortgage loans - first liens | $ | 295,255 | $ | 3,652 | $ | 2,887 | $ | 301,794 | $ | 302,373 | $ | 6,228 | $ | 3,026 | $ | 311,627 | |||||||||||||||||
Residential mortgage loans - junior liens | 23,638 | 273 | 168 | 24,079 | 26,247 | 371 | 130 | 26,748 | |||||||||||||||||||||||||
Home equity lines of credit | 34,063 | 196 | 101 | 34,360 | 32,593 | 184 | 240 | 33,017 | |||||||||||||||||||||||||
1-4 Family residential construction | 15,674 | 0 | 72 | 15,746 | 12,627 | 215 | 0 | 12,842 | |||||||||||||||||||||||||
Total residential mortgage | 368,630 | 4,121 | 3,228 | 375,979 | 373,840 | 6,998 | 3,396 | 384,234 | |||||||||||||||||||||||||
Commercial: | |||||||||||||||||||||||||||||||||
Commercial loans secured by real estate | 148,613 | 1,671 | 1,318 | 151,602 | 156,834 | 704 | 875 | 158,413 | |||||||||||||||||||||||||
Commercial and industrial | 44,007 | 17 | 288 | 44,312 | 47,569 | 317 | 556 | 48,442 | |||||||||||||||||||||||||
Political subdivisions | 13,905 | 0 | 0 | 13,905 | 31,789 | 0 | 0 | 31,789 | |||||||||||||||||||||||||
Commercial construction and land | 18,938 | 1,840 | 852 | 21,630 | 26,944 | 248 | 1,008 | 28,200 | |||||||||||||||||||||||||
Loans secured by farmland | 9,494 | 338 | 879 | 10,711 | 10,438 | 75 | 890 | 11,403 | |||||||||||||||||||||||||
Multi-family (5 or more) residential | 5,994 | 0 | 0 | 5,994 | 6,743 | 2 | 0 | 6,745 | |||||||||||||||||||||||||
Agricultural loans | 3,048 | 0 | 37 | 3,085 | 3,003 | 10 | 40 | 3,053 | |||||||||||||||||||||||||
Other commercial loans | 9,858 | 0 | 0 | 9,858 | 362 | 0 | 0 | 362 | |||||||||||||||||||||||||
Total commercial | 253,857 | 3,866 | 3,374 | 261,097 | 283,682 | 1,356 | 3,369 | 288,407 | |||||||||||||||||||||||||
Consumer | 11,170 | 152 | 77 | 11,399 | 11,135 | 129 | 5 | 11,269 | |||||||||||||||||||||||||
Totals | $ | 633,657 | $ | 8,139 | $ | 6,679 | $ | 648,475 | $ | 668,657 | $ | 8,483 | $ | 6,770 | $ | 683,910 | |||||||||||||||||
Schedule of Financing Receivables, Non Accrual Status [Table Text Block] | ' | ||||||||||||||||||||||||||||||||
(In Thousands) | Current & | Past Due | Past Due | Total | |||||||||||||||||||||||||||||
Past Due | 30-89 | 90+ | |||||||||||||||||||||||||||||||
Less than | Days | Days | |||||||||||||||||||||||||||||||
30 Days | |||||||||||||||||||||||||||||||||
September 30, 2013 Nonaccrual Totals | $ | 1,870 | $ | 879 | $ | 4,011 | $ | 6,760 | |||||||||||||||||||||||||
December 31, 2012 Nonaccrual Totals | $ | 2,167 | $ | 727 | $ | 4,459 | $ | 7,353 | |||||||||||||||||||||||||
Troubled Debt Restructurings on Financing Receivables [Table Text Block] | ' | ||||||||||||||||||||||||||||||||
(In Thousands) | Current & | Past Due | Past Due | Nonaccrual | Total | ||||||||||||||||||||||||||||
Past Due | 30-89 | 90+ | |||||||||||||||||||||||||||||||
Less than | Days | Days | |||||||||||||||||||||||||||||||
30 Days | |||||||||||||||||||||||||||||||||
September 30, 2013 Totals | $ | 1,720 | $ | 440 | $ | 0 | $ | 926 | $ | 3,086 | |||||||||||||||||||||||
December 31, 2012 Totals | $ | 785 | $ | 121 | $ | 0 | $ | 1,155 | $ | 2,061 | |||||||||||||||||||||||
Schedule of Troubled Debt Restructurings With Subsequent Default [Table Text Block] | ' | ||||||||||||||||||||||||||||||||
Number | Recorded | ||||||||||||||||||||||||||||||||
of | Investment | ||||||||||||||||||||||||||||||||
Contracts | |||||||||||||||||||||||||||||||||
Nine Months Ended September 30, 2013 | |||||||||||||||||||||||||||||||||
(Balances in Thousands) | |||||||||||||||||||||||||||||||||
Commercial, | |||||||||||||||||||||||||||||||||
Commercial loans secured by real estate | 1 | $ | 440 | ||||||||||||||||||||||||||||||
90+ Days Past Due Accruing and Nonaccrual [Member] | ' | ||||||||||||||||||||||||||||||||
Note 7 - Loans (Tables) [Line Items] | ' | ||||||||||||||||||||||||||||||||
Past Due Financing Receivables [Table Text Block] | ' | ||||||||||||||||||||||||||||||||
(In Thousands) | 30-Sep-13 | 31-Dec-12 | |||||||||||||||||||||||||||||||
Past Due | Nonaccrual | Past Due | Nonaccrual | ||||||||||||||||||||||||||||||
90+ Days and | 90+ Days and | ||||||||||||||||||||||||||||||||
Accruing | Accruing | ||||||||||||||||||||||||||||||||
Residential mortgage: | |||||||||||||||||||||||||||||||||
Residential mortgage loans - first liens | $ | 1,908 | $ | 3,135 | $ | 1,900 | $ | 3,064 | |||||||||||||||||||||||||
Residential mortgage loans - junior liens | 57 | 111 | 29 | 111 | |||||||||||||||||||||||||||||
Home equity lines of credit | 39 | 62 | 40 | 200 | |||||||||||||||||||||||||||||
1-4 Family residential construction | 0 | 72 | 0 | 0 | |||||||||||||||||||||||||||||
Total residential mortgage | 2,004 | 3,380 | 1,969 | 3,375 | |||||||||||||||||||||||||||||
Commercial: | |||||||||||||||||||||||||||||||||
Commercial loans secured by real estate | 565 | 1,071 | 120 | 1,338 | |||||||||||||||||||||||||||||
Commercial and industrial | 17 | 460 | 68 | 761 | |||||||||||||||||||||||||||||
Commercial construction and land | 5 | 875 | 149 | 887 | |||||||||||||||||||||||||||||
Loans secured by farmland | 0 | 910 | 0 | 923 | |||||||||||||||||||||||||||||
Agricultural loans | 2 | 37 | 0 | 40 | |||||||||||||||||||||||||||||
Total commercial | 589 | 3,353 | 337 | 3,949 | |||||||||||||||||||||||||||||
Consumer | 75 | 27 | 5 | 29 | |||||||||||||||||||||||||||||
Totals | $ | 2,668 | $ | 6,760 | $ | 2,311 | $ | 7,353 | |||||||||||||||||||||||||
Troubled Debt Restructuring [Member] | ' | ||||||||||||||||||||||||||||||||
Note 7 - Loans (Tables) [Line Items] | ' | ||||||||||||||||||||||||||||||||
Troubled Debt Restructurings on Financing Receivables [Table Text Block] | ' | ||||||||||||||||||||||||||||||||
(Balances in Thousands) | Number | Pre- | Post- | ||||||||||||||||||||||||||||||
of | Modification | Modification | |||||||||||||||||||||||||||||||
Contracts | Outstanding | Outstanding | |||||||||||||||||||||||||||||||
Recorded | Recorded | ||||||||||||||||||||||||||||||||
Investment | Investment | ||||||||||||||||||||||||||||||||
Residential mortgage: | |||||||||||||||||||||||||||||||||
Residential mortgage loans - first liens | 6 | $ | 677 | $ | 677 | ||||||||||||||||||||||||||||
Residential mortgage loans - junior liens | 3 | 102 | 102 | ||||||||||||||||||||||||||||||
Commercial: | |||||||||||||||||||||||||||||||||
Commercial loans secured by real estate | 1 | 440 | 440 | ||||||||||||||||||||||||||||||
Loans secured by farmland | 4 | 512 | 512 | ||||||||||||||||||||||||||||||
Agricultural loans | 1 | 13 | 13 | ||||||||||||||||||||||||||||||
Consumer | 1 | 6 | 6 | ||||||||||||||||||||||||||||||
(Balances in Thousands) | Number | Pre- | Post- | ||||||||||||||||||||||||||||||
of | Modification | Modification | |||||||||||||||||||||||||||||||
Contracts | Outstanding | Outstanding | |||||||||||||||||||||||||||||||
Recorded | Recorded | ||||||||||||||||||||||||||||||||
Investment | Investment | ||||||||||||||||||||||||||||||||
Commercial: | |||||||||||||||||||||||||||||||||
Commercial and industrial | 1 | $ | 65 | $ | 65 |
Note_8_Borrowed_Funds_Tables
Note 8 - Borrowed Funds (Tables) | 9 Months Ended | ||||||||
Sep. 30, 2013 | |||||||||
Note 8 - Borrowed Funds (Tables) [Line Items] | ' | ||||||||
Schedule of Short-term Debt [Table Text Block] | ' | ||||||||
(In Thousands) | Sept. 30, | Dec. 31, | |||||||
2013 | 2012 | ||||||||
FHLB-Pittsburgh borrowings | $ | 0 | $ | 0 | |||||
Customer repurchase agreements | 4,833 | 5,567 | |||||||
Total short-term borrowings | $ | 4,833 | $ | 5,567 | |||||
Schedule of Long-term Debt Instruments [Table Text Block] | ' | ||||||||
(In Thousands) | Sept. 30, | Dec. 31, | |||||||
2013 | 2012 | ||||||||
FHLB-Pittsburgh borrowings | $ | 12,405 | $ | 15,812 | |||||
Repurchase agreements | 61,000 | 68,000 | |||||||
Total long-term borrowings | $ | 73,405 | $ | 83,812 | |||||
Federal Home Loan Bank Advances [Member] | ' | ||||||||
Note 8 - Borrowed Funds (Tables) [Line Items] | ' | ||||||||
Schedule of Maturities of Long-term Debt [Table Text Block] | ' | ||||||||
(In Thousands) | Sept. 30, | Dec. 31, | |||||||
2013 | 2012 | ||||||||
Loans matured in 2013 with rates ranging from 2.86% to 3.62% | $ | 0 | $ | 3,211 | |||||
Loan maturing in 2016 with a rate of 6.86% | 164 | 196 | |||||||
Loan maturing in 2017 with a rate of 6.83% | 23 | 27 | |||||||
Loan maturing in 2017 with a rate of 3.81% | 10,000 | 10,000 | |||||||
Loan maturing in 2020 with a rate of 4.79% | 1,184 | 1,297 | |||||||
Loan maturing in 2025 with a rate of 4.91% | 1,034 | 1,081 | |||||||
Total long-term FHLB-Pittsburgh borrowings | $ | 12,405 | $ | 15,812 | |||||
(In Thousands) | Sept. 30, | Dec. 31, | |||||||
2013 | 2012 | ||||||||
Agreement maturing in 2017 with a rate of 3.595% | $ | 27,000 | $ | 34,000 | |||||
Agreement maturing in 2017 with a rate of 4.265% | 34,000 | 34,000 | |||||||
Total long-term repurchase agreements | $ | 61,000 | $ | 68,000 |
Note_9_Defined_Benefit_Plans_T
Note 9 - Defined Benefit Plans (Tables) | 9 Months Ended | ||||||||||||||||
Sep. 30, 2013 | |||||||||||||||||
Compensation and Retirement Disclosure [Abstract] | ' | ||||||||||||||||
Schedule of Defined Benefit Plans Disclosures [Table Text Block] | ' | ||||||||||||||||
(In Thousands) | Pension | Postretirement | |||||||||||||||
Nine Months Ended | Nine Months Ended | ||||||||||||||||
Sept. 30, | Sept. 30, | ||||||||||||||||
2013 | 2012 | 2013 | 2012 | ||||||||||||||
Service cost | $ | 0 | $ | 0 | $ | 31 | $ | 68 | |||||||||
Interest cost | 53 | 54 | 41 | 61 | |||||||||||||
Expected return on plan assets | (68 | ) | (54 | ) | 0 | 0 | |||||||||||
Amortization of transition (asset) obligation | 0 | 0 | 0 | 27 | |||||||||||||
Amortization of prior service cost | 0 | 0 | (23 | ) | 11 | ||||||||||||
Recognized net actuarial loss | 23 | 20 | 0 | 0 | |||||||||||||
Net periodic benefit cost | $ | 8 | $ | 20 | $ | 49 | $ | 167 | |||||||||
(In Thousands) | Pension | Postretirement | |||||||||||||||
Three Months Ended | Three Months Ended | ||||||||||||||||
Sept. 30, | Sept. 30, | ||||||||||||||||
2013 | 2012 | 2013 | 2012 | ||||||||||||||
Service cost | $ | 0 | $ | 0 | $ | 10 | $ | 22 | |||||||||
Interest cost | 17 | 18 | 13 | 20 | |||||||||||||
Expected return on plan assets | (23 | ) | (18 | ) | 0 | 0 | |||||||||||
Amortization of transition (asset) obligation | 0 | 0 | 0 | 9 | |||||||||||||
Amortization of prior service cost | 0 | 0 | (7 | ) | 4 | ||||||||||||
Recognized net actuarial loss | 7 | 6 | 0 | 0 | |||||||||||||
Net periodic benefit cost | $ | 1 | $ | 6 | $ | 16 | $ | 55 |
Note_10_StockBased_Compensatio1
Note 10 - Stock-Based Compensation Plans (Tables) | 9 Months Ended | ||||||||||||||||
Sep. 30, 2013 | |||||||||||||||||
Disclosure of Compensation Related Costs, Share-based Payments [Abstract] | ' | ||||||||||||||||
Disclosure of Share-based Compensation Arrangements by Share-based Payment Award [Table Text Block] | ' | ||||||||||||||||
2013 | 2012 | ||||||||||||||||
Fair value of each option granted | $5.56 | $5.15 | |||||||||||||||
Volatility | 41% | 41% | |||||||||||||||
Expected option lives (Years) | 8 | 7 | |||||||||||||||
Risk-free interest rate | 1.60% | 1.53% | |||||||||||||||
Dividend yield | 3.69% | 3.97% | |||||||||||||||
Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Table Text Block] | ' | ||||||||||||||||
(In Thousands) | 3 Months Ended | 9 Months Ended | |||||||||||||||
Sept. 30, | Sept. 30, | Sept. 30, | Sept. 30, | ||||||||||||||
2013 | 2012 | 2013 | 2012 | ||||||||||||||
Stock options | $ | 0 | $ | 0 | $ | 262 | $ | 247 | |||||||||
Restricted stock | 113 | 76 | 343 | 240 | |||||||||||||
Total | $ | 113 | $ | 76 | $ | 605 | $ | 487 |
Note_11_Income_Taxes_Tables
Note 11 - Income Taxes (Tables) | 9 Months Ended | ||||||||||||||||
Sep. 30, 2013 | |||||||||||||||||
Income Tax Disclosure [Abstract] | ' | ||||||||||||||||
Schedule of Deferred Tax Assets and Liabilities [Table Text Block] | ' | ||||||||||||||||
(In Thousands) | Sept. 30, | Dec. 31, | |||||||||||||||
2013 | 2012 | ||||||||||||||||
Deferred tax assets: | |||||||||||||||||
Defined benefit plans - ASC 835 | $ | 82 | $ | 305 | |||||||||||||
Net realized losses on securities | 171 | 1,254 | |||||||||||||||
Allowance for loan losses | 2,496 | 2,400 | |||||||||||||||
Credit for alternative minimum tax paid | 2,540 | 3,609 | |||||||||||||||
Other deferred tax assets | 2,193 | 2,019 | |||||||||||||||
Total deferred tax assets | 7,482 | 9,587 | |||||||||||||||
Deferred tax liabilities: | |||||||||||||||||
Unrealized holding gains on securities | 1,359 | 6,228 | |||||||||||||||
Bank premises and equipment | 1,373 | 1,337 | |||||||||||||||
Core deposit intangibles | 35 | 48 | |||||||||||||||
Other deferred tax liabilities | 208 | 249 | |||||||||||||||
Total deferred tax liabilities | 2,975 | 7,862 | |||||||||||||||
Deferred tax asset, net | $ | 4,507 | $ | 1,725 | |||||||||||||
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block] | ' | ||||||||||||||||
(In thousands) | Three Months Ended | Nine Months Ended | |||||||||||||||
September 30, | September 30, | ||||||||||||||||
2013 | 2012 | 2013 | 2012 | ||||||||||||||
Income before income tax provision | $ | 6,268 | $ | 7,508 | $ | 19,203 | $ | 22,983 | |||||||||
Income tax provision | 1,579 | 2,014 | 4,834 | 6,217 | |||||||||||||
Effective tax rate | 25.19 | % | 26.82 | % | 25.17 | % | 27.05 | % |
Note_2_Per_Share_Data_Details
Note 2 - Per Share Data (Details) | 3 Months Ended | 9 Months Ended | ||
Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | |
Earnings Per Share [Abstract] | ' | ' | ' | ' |
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount | 57,658 | 143,866 | 98,809 | 146,295 |
Note_2_Per_Share_Data_Details_
Note 2 - Per Share Data (Details) - Net Income Per Share (USD $) | 3 Months Ended | 9 Months Ended | ||
Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | |
Net Income Per Share [Abstract] | ' | ' | ' | ' |
Net Income (in Dollars) | $4,689,000 | $5,494,000 | $14,369,000 | $16,766,000 |
Weighted Average Number of Shares Outstanding, Basic | 12,363,887 | 12,244,797 | 12,342,706 | 12,225,895 |
Earnings per share b basic (in Dollars per share) | $0.38 | $0.45 | $1.16 | $1.37 |
Dilutive effect of potential common stock arising from stock options: | ' | ' | ' | ' |
Weighted Average Number of Shares Outstanding | 302,956 | 198,863 | 251,970 | 202,199 |
Weighted Average Number of Shares Outstanding | -269,941 | -172,975 | -222,749 | -175,737 |
Weighted Average Number of Shares Outstanding, Diluted | 12,396,902 | 12,270,685 | 12,371,927 | 12,252,357 |
Earnings per share b diluted (in Dollars per share) | $0.38 | $0.45 | $1.16 | $1.37 |
Note_2_Per_Share_Data_Details_1
Note 2 - Per Share Data (Details) - Net Income Per Share (Parentheticals) (USD $) | 3 Months Ended | 9 Months Ended | ||
Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | |
Net Income Per Share [Abstract] | ' | ' | ' | ' |
Hypothetical share repurchase price | $20.10 | $19.35 | $19.73 | $19.35 |
Note_3_Comprehensive_Income_De
Note 3 - Comprehensive Income (Details) - Comprehensive Income Related Tax Effects (USD $) | 3 Months Ended | 9 Months Ended | ||
In Thousands, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 |
Unrealized gains on available-for-sale securities: | ' | ' | ' | ' |
Unrealized Holding Losses on Available-for-sale Securities Before Tax | ($286) | $3,597 | ($12,465) | $5,168 |
Unrealized Holding Losses on Available-for-sale Securities Tax | 101 | -1,259 | 4,362 | -1,971 |
Unrealized Holding Losses on Available-for-sale Securities Tax Net | -185 | 2,338 | -8,103 | 3,197 |
Reclassification Adjustment for (gains) Realized in Income Before Tax | -193 | -2,430 | -1,452 | -2,631 |
Reclassification Adjustment for (gains) Realized in Income Tax | 66 | 851 | 507 | 921 |
Reclassification Adjustment for (gains) Realized in Income Tax Net | -127 | -1,579 | -945 | -1,710 |
Other Comprehensive Loss on Available-for-sale Securities Before Tax | -479 | 1,167 | -13,917 | 2,537 |
Other Comprehensive Loss on Available-for-sale Securities Tax | 167 | -408 | 4,869 | -1,050 |
Other Comprehensive Loss on Available-for-sale Securities Tax Net | -312 | 759 | -9,048 | 1,487 |
Unfunded pension and postretirement obligations: | ' | ' | ' | ' |
Changes From Plan Amendments and Actuarial Gains and Losses Included in Other Comprehensive Income Before Tax | 0 | 0 | 636 | 200 |
Changes From Plan Amendments and Actuarial Gains and Losses Included in Other Comprehensive Income Tax | 0 | 0 | -223 | -61 |
Changes From Plan Amendments and Actuarial Gains and Losses Included in Other Comprehensive Income Tax Net | 0 | 0 | 413 | 139 |
Amortization of Net Transition Obligation, Prior Service Cost and Net Actuarial Loss Included in Net Periodic Benefit Cost Before Tax | 0 | 20 | 0 | 60 |
Amortization of Net Transition Obligation, Prior Service Cost and Net Actuarial Loss Included in Net Periodic Benefit Cost Tax | 0 | -7 | 0 | -20 |
Amortization of Net Transition Obligation, Prior Service Cost and Net Actuarial Loss Included in Net Periodic Benefit Cost Tax Net | 0 | 13 | 0 | 40 |
Other Comprehensive Gain on Unfunded Retirement Obligations Before Tax | 0 | 20 | 636 | 260 |
Other Comprehensive Gain on Unfunded Retirement Obligations Tax | 0 | -7 | -223 | -81 |
Other Comprehensive Gain on Unfunded Retirement Obligations Tax Net | 0 | 13 | 413 | 179 |
Total Other Comprehensive Loss Before Tax | -479 | 1,187 | -13,281 | 2,797 |
Total Other Comprehensive Loss Tax | 167 | -415 | 4,646 | -1,131 |
Total Other Comprehensive Loss Tax Net | ($312) | $772 | ($8,635) | $1,666 |
Note_3_Comprehensive_Income_De1
Note 3 - Comprehensive Income (Details) - Changes in the Components of Accumulated Other Comprehensive Income (USD $) | 3 Months Ended | 9 Months Ended | ||
In Thousands, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 |
Accumulated Other Comprehensive Income (Loss) [Line Items] | ' | ' | ' | ' |
Balance | ' | ' | $11,003 | ' |
Amounts reclassified from accumulated other comprehensive income | -127 | ' | -945 | ' |
Other comprehensive income (loss) | -312 | 772 | -8,635 | 1,666 |
Balance | 2,368 | ' | 2,368 | ' |
Unrealized Gains and Losses on Available-for-sale Securities [Member] | ' | ' | ' | ' |
Accumulated Other Comprehensive Income (Loss) [Line Items] | ' | ' | ' | ' |
Balance | 2,832 | 11,519 | 11,568 | 10,791 |
Other comprehensive income (loss) before reclassifications | -185 | 2,338 | -8,103 | 3,197 |
Amounts reclassified from accumulated other comprehensive income | -127 | -1,579 | -945 | -1,710 |
Other comprehensive income (loss) | -312 | 759 | -9,048 | 1,487 |
Balance | 2,520 | 12,278 | 2,520 | 12,278 |
Unfunded Pension and Postretirement Obligations [Member] | ' | ' | ' | ' |
Accumulated Other Comprehensive Income (Loss) [Line Items] | ' | ' | ' | ' |
Balance | -152 | -465 | -565 | -631 |
Other comprehensive income (loss) before reclassifications | 0 | 0 | 413 | 139 |
Amounts reclassified from accumulated other comprehensive income | 0 | 13 | 0 | 40 |
Other comprehensive income (loss) | 0 | 13 | 413 | 179 |
Balance | -152 | -452 | -152 | -452 |
Accumulated Other Comprehensive Income [Member] | ' | ' | ' | ' |
Accumulated Other Comprehensive Income (Loss) [Line Items] | ' | ' | ' | ' |
Balance | 2,680 | 11,054 | 11,003 | 10,160 |
Other comprehensive income (loss) before reclassifications | -185 | 2,338 | -7,690 | 3,336 |
Amounts reclassified from accumulated other comprehensive income | -127 | -1,566 | -945 | -1,670 |
Other comprehensive income (loss) | -312 | 772 | -8,635 | 1,666 |
Balance | $2,368 | $11,826 | $2,368 | $11,826 |
Note_3_Comprehensive_Income_De2
Note 3 - Comprehensive Income (Details) - Amounts Reclassified Out of Each Component of OCI (USD $) | 3 Months Ended | 9 Months Ended |
In Thousands, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2013 |
Amounts Reclassified Out of Each Component of OCI [Abstract] | ' | ' |
Total other-than-temporary impairment losses on available-for-sale securities | $0 | $25 |
Realized gains on available-for-sale securities | -193 | -1,477 |
Total Before Tax | -193 | -1,452 |
Income Tax Provision | 66 | 507 |
Net of Tax | -127 | -945 |
Amortization of defined benefit pension and postretirement items | ' | ' |
Pensions and Other Employee Benefits, Prior Service Cost | -7 | -23 |
Pensions and Other Employee Benefits, Actuarial loss | 7 | 23 |
Total Before Tax | 0 | 0 |
Income Tax Provision | 0 | 0 |
Net of Tax | 0 | 0 |
Total reclassifications for the period | ($127) | ($945) |
Note_4_Cash_And_Due_From_Banks2
Note 4 - Cash And Due From Banks (Details) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 |
Cash and Cash Equivalents [Abstract] | ' | ' |
Restricted Cash and Cash Equivalents, Current | $11,501,000 | $14,128,000 |
Note_4_Cash_And_Due_From_Banks3
Note 4 - Cash And Due From Banks (Details) - Cash and Due From Banks (USD $) | Sep. 30, 2013 | Dec. 31, 2012 |
In Thousands, unless otherwise specified | ||
Cash and Due From Banks [Abstract] | ' | ' |
Cash and cash equivalents | $37,707 | $55,016 |
Certificates of deposit | 5,540 | 4,820 |
Total cash and due from banks | $43,247 | $59,836 |
Note_5_Fair_Value_Measurements2
Note 5 - Fair Value Measurements and Fair Values of Financial Instruments (Details) - Assets Measured at Fair Value (USD $) | Sep. 30, 2013 | Jun. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2012 | Jun. 30, 2012 | Dec. 31, 2011 |
In Thousands, unless otherwise specified | ||||||
AVAILABLE-FOR-SALE SECURITIES: | ' | ' | ' | ' | ' | ' |
Available-for-sale securities | $475,650 | ' | $472,577 | ' | ' | ' |
Nonrecurring fair value measurements | ' | ' | ' | ' | ' | ' |
Foreclosed assets held for sale | 776 | ' | 879 | ' | ' | ' |
US Government Corporations and Agencies Securities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | ' | ' | ' | ' | ' | ' |
AVAILABLE-FOR-SALE SECURITIES: | ' | ' | ' | ' | ' | ' |
Available-for-sale securities | 0 | ' | 0 | ' | ' | ' |
US Government Corporations and Agencies Securities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | ' | ' | ' | ' | ' | ' |
AVAILABLE-FOR-SALE SECURITIES: | ' | ' | ' | ' | ' | ' |
Available-for-sale securities | 46,384 | ' | 31,217 | ' | ' | ' |
US Government Corporations and Agencies Securities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | ' | ' | ' | ' | ' | ' |
AVAILABLE-FOR-SALE SECURITIES: | ' | ' | ' | ' | ' | ' |
Available-for-sale securities | 0 | ' | 0 | ' | ' | ' |
US Government Corporations and Agencies Securities [Member] | Fair Value, Measurements, Recurring [Member] | Estimate of Fair Value Measurement [Member] | ' | ' | ' | ' | ' | ' |
AVAILABLE-FOR-SALE SECURITIES: | ' | ' | ' | ' | ' | ' |
Available-for-sale securities | 46,384 | ' | 31,217 | ' | ' | ' |
Obligations of States and Political Subdivisions, Tax-exempt [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | ' | ' | ' | ' | ' | ' |
AVAILABLE-FOR-SALE SECURITIES: | ' | ' | ' | ' | ' | ' |
Available-for-sale securities | 0 | ' | 0 | ' | ' | ' |
Obligations of States and Political Subdivisions, Tax-exempt [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | ' | ' | ' | ' | ' | ' |
AVAILABLE-FOR-SALE SECURITIES: | ' | ' | ' | ' | ' | ' |
Available-for-sale securities | 131,096 | ' | 137,020 | ' | ' | ' |
Obligations of States and Political Subdivisions, Tax-exempt [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | ' | ' | ' | ' | ' | ' |
AVAILABLE-FOR-SALE SECURITIES: | ' | ' | ' | ' | ' | ' |
Available-for-sale securities | 0 | ' | 0 | ' | ' | ' |
Obligations of States and Political Subdivisions, Tax-exempt [Member] | Fair Value, Measurements, Recurring [Member] | Estimate of Fair Value Measurement [Member] | ' | ' | ' | ' | ' | ' |
AVAILABLE-FOR-SALE SECURITIES: | ' | ' | ' | ' | ' | ' |
Available-for-sale securities | 131,096 | ' | 137,020 | ' | ' | ' |
Obligations of States and Political Subdivisions, Tax-exempt [Member] | ' | ' | ' | ' | ' | ' |
AVAILABLE-FOR-SALE SECURITIES: | ' | ' | ' | ' | ' | ' |
Available-for-sale securities | 131,096 | ' | 137,020 | ' | ' | ' |
Obligations of States and Political Subdivisions, Taxable [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | ' | ' | ' | ' | ' | ' |
AVAILABLE-FOR-SALE SECURITIES: | ' | ' | ' | ' | ' | ' |
Available-for-sale securities | 0 | ' | 0 | ' | ' | ' |
Obligations of States and Political Subdivisions, Taxable [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | ' | ' | ' | ' | ' | ' |
AVAILABLE-FOR-SALE SECURITIES: | ' | ' | ' | ' | ' | ' |
Available-for-sale securities | 31,211 | ' | 24,817 | ' | ' | ' |
Obligations of States and Political Subdivisions, Taxable [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | ' | ' | ' | ' | ' | ' |
AVAILABLE-FOR-SALE SECURITIES: | ' | ' | ' | ' | ' | ' |
Available-for-sale securities | 0 | ' | 0 | ' | ' | ' |
Obligations of States and Political Subdivisions, Taxable [Member] | Fair Value, Measurements, Recurring [Member] | Estimate of Fair Value Measurement [Member] | ' | ' | ' | ' | ' | ' |
AVAILABLE-FOR-SALE SECURITIES: | ' | ' | ' | ' | ' | ' |
Available-for-sale securities | 31,211 | ' | 24,817 | ' | ' | ' |
Obligations of States and Political Subdivisions, Taxable [Member] | ' | ' | ' | ' | ' | ' |
AVAILABLE-FOR-SALE SECURITIES: | ' | ' | ' | ' | ' | ' |
Available-for-sale securities | 31,211 | ' | 24,817 | ' | ' | ' |
Mortgage-backed Securities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | ' | ' | ' | ' | ' | ' |
AVAILABLE-FOR-SALE SECURITIES: | ' | ' | ' | ' | ' | ' |
Available-for-sale securities | 0 | ' | 0 | ' | ' | ' |
Mortgage-backed Securities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | ' | ' | ' | ' | ' | ' |
AVAILABLE-FOR-SALE SECURITIES: | ' | ' | ' | ' | ' | ' |
Available-for-sale securities | 82,354 | ' | 80,196 | ' | ' | ' |
Mortgage-backed Securities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | ' | ' | ' | ' | ' | ' |
AVAILABLE-FOR-SALE SECURITIES: | ' | ' | ' | ' | ' | ' |
Available-for-sale securities | 0 | ' | 0 | ' | ' | ' |
Mortgage-backed Securities [Member] | Fair Value, Measurements, Recurring [Member] | Estimate of Fair Value Measurement [Member] | ' | ' | ' | ' | ' | ' |
AVAILABLE-FOR-SALE SECURITIES: | ' | ' | ' | ' | ' | ' |
Available-for-sale securities | 82,354 | ' | 80,196 | ' | ' | ' |
Mortgage-backed Securities [Member] | ' | ' | ' | ' | ' | ' |
AVAILABLE-FOR-SALE SECURITIES: | ' | ' | ' | ' | ' | ' |
Available-for-sale securities | 82,354 | ' | 80,196 | ' | ' | ' |
Collateralized Mortgage Obligations, Issued by U.S. Government Agencies [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | ' | ' | ' | ' | ' | ' |
AVAILABLE-FOR-SALE SECURITIES: | ' | ' | ' | ' | ' | ' |
Available-for-sale securities | 0 | ' | 0 | ' | ' | ' |
Collateralized Mortgage Obligations, Issued by U.S. Government Agencies [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | ' | ' | ' | ' | ' | ' |
AVAILABLE-FOR-SALE SECURITIES: | ' | ' | ' | ' | ' | ' |
Available-for-sale securities | 175,078 | ' | 183,510 | ' | ' | ' |
Collateralized Mortgage Obligations, Issued by U.S. Government Agencies [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | ' | ' | ' | ' | ' | ' |
AVAILABLE-FOR-SALE SECURITIES: | ' | ' | ' | ' | ' | ' |
Available-for-sale securities | 0 | ' | 0 | ' | ' | ' |
Collateralized Mortgage Obligations, Issued by U.S. Government Agencies [Member] | Fair Value, Measurements, Recurring [Member] | Estimate of Fair Value Measurement [Member] | ' | ' | ' | ' | ' | ' |
AVAILABLE-FOR-SALE SECURITIES: | ' | ' | ' | ' | ' | ' |
Available-for-sale securities | 175,078 | ' | 183,510 | ' | ' | ' |
Collateralized Mortgage Obligations, Issued by U.S. Government Agencies [Member] | ' | ' | ' | ' | ' | ' |
AVAILABLE-FOR-SALE SECURITIES: | ' | ' | ' | ' | ' | ' |
Available-for-sale securities | 175,078 | ' | 183,510 | ' | ' | ' |
Collateralized Debt Obligations [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | ' | ' | ' | ' | ' | ' |
AVAILABLE-FOR-SALE SECURITIES: | ' | ' | ' | ' | ' | ' |
Available-for-sale securities | 0 | ' | ' | ' | ' | ' |
Collateralized Debt Obligations [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | ' | ' | ' | ' | ' | ' |
AVAILABLE-FOR-SALE SECURITIES: | ' | ' | ' | ' | ' | ' |
Available-for-sale securities | 660 | ' | ' | ' | ' | ' |
Collateralized Debt Obligations [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | ' | ' | ' | ' | ' | ' |
AVAILABLE-FOR-SALE SECURITIES: | ' | ' | ' | ' | ' | ' |
Available-for-sale securities | 0 | ' | ' | ' | ' | ' |
Collateralized Debt Obligations [Member] | Fair Value, Measurements, Recurring [Member] | Estimate of Fair Value Measurement [Member] | ' | ' | ' | ' | ' | ' |
AVAILABLE-FOR-SALE SECURITIES: | ' | ' | ' | ' | ' | ' |
Available-for-sale securities | 660 | ' | ' | ' | ' | ' |
Collateralized Debt Obligations [Member] | ' | ' | ' | ' | ' | ' |
AVAILABLE-FOR-SALE SECURITIES: | ' | ' | ' | ' | ' | ' |
Available-for-sale securities | 660 | ' | ' | ' | ' | ' |
Debt Securities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | ' | ' | ' | ' | ' | ' |
AVAILABLE-FOR-SALE SECURITIES: | ' | ' | ' | ' | ' | ' |
Available-for-sale securities | 0 | ' | 0 | ' | ' | ' |
Debt Securities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | ' | ' | ' | ' | ' | ' |
AVAILABLE-FOR-SALE SECURITIES: | ' | ' | ' | ' | ' | ' |
Available-for-sale securities | 466,783 | ' | 462,591 | ' | ' | ' |
Debt Securities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | ' | ' | ' | ' | ' | ' |
AVAILABLE-FOR-SALE SECURITIES: | ' | ' | ' | ' | ' | ' |
Available-for-sale securities | 0 | ' | 1,613 | ' | ' | ' |
Debt Securities [Member] | Fair Value, Measurements, Recurring [Member] | Estimate of Fair Value Measurement [Member] | ' | ' | ' | ' | ' | ' |
AVAILABLE-FOR-SALE SECURITIES: | ' | ' | ' | ' | ' | ' |
Available-for-sale securities | 466,783 | ' | 464,204 | ' | ' | ' |
Debt Securities [Member] | ' | ' | ' | ' | ' | ' |
AVAILABLE-FOR-SALE SECURITIES: | ' | ' | ' | ' | ' | ' |
Available-for-sale securities | 466,783 | ' | 464,204 | ' | ' | ' |
Marketable Equity Securities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | ' | ' | ' | ' | ' | ' |
AVAILABLE-FOR-SALE SECURITIES: | ' | ' | ' | ' | ' | ' |
Available-for-sale securities | 8,867 | ' | 8,373 | ' | ' | ' |
Marketable Equity Securities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | ' | ' | ' | ' | ' | ' |
AVAILABLE-FOR-SALE SECURITIES: | ' | ' | ' | ' | ' | ' |
Available-for-sale securities | 0 | ' | 0 | ' | ' | ' |
Marketable Equity Securities [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | ' | ' | ' | ' | ' | ' |
AVAILABLE-FOR-SALE SECURITIES: | ' | ' | ' | ' | ' | ' |
Available-for-sale securities | 0 | ' | 0 | ' | ' | ' |
Marketable Equity Securities [Member] | Fair Value, Measurements, Recurring [Member] | Estimate of Fair Value Measurement [Member] | ' | ' | ' | ' | ' | ' |
AVAILABLE-FOR-SALE SECURITIES: | ' | ' | ' | ' | ' | ' |
Available-for-sale securities | 8,867 | ' | 8,373 | ' | ' | ' |
Marketable Equity Securities [Member] | ' | ' | ' | ' | ' | ' |
AVAILABLE-FOR-SALE SECURITIES: | ' | ' | ' | ' | ' | ' |
Available-for-sale securities | 8,867 | ' | 8,373 | ' | ' | ' |
Trust Preferred Securities Issued by Individual Institutions [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | ' | ' | ' | ' | ' | ' |
AVAILABLE-FOR-SALE SECURITIES: | ' | ' | ' | ' | ' | ' |
Available-for-sale securities | ' | ' | 0 | ' | ' | ' |
Trust Preferred Securities Issued by Individual Institutions [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | ' | ' | ' | ' | ' | ' |
AVAILABLE-FOR-SALE SECURITIES: | ' | ' | ' | ' | ' | ' |
Available-for-sale securities | ' | ' | 5,171 | ' | ' | ' |
Trust Preferred Securities Issued by Individual Institutions [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | ' | ' | ' | ' | ' | ' |
AVAILABLE-FOR-SALE SECURITIES: | ' | ' | ' | ' | ' | ' |
Available-for-sale securities | ' | ' | 0 | ' | ' | ' |
Trust Preferred Securities Issued by Individual Institutions [Member] | Fair Value, Measurements, Recurring [Member] | Estimate of Fair Value Measurement [Member] | ' | ' | ' | ' | ' | ' |
AVAILABLE-FOR-SALE SECURITIES: | ' | ' | ' | ' | ' | ' |
Available-for-sale securities | ' | ' | 5,171 | ' | ' | ' |
Trust Preferred Securities Issued by Individual Institutions [Member] | ' | ' | ' | ' | ' | ' |
AVAILABLE-FOR-SALE SECURITIES: | ' | ' | ' | ' | ' | ' |
Available-for-sale securities | ' | ' | 5,171 | ' | ' | ' |
Collateralized Debt Obligations, Pooled Trust Preferred Securities - Senior Tranches [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | ' | ' | ' | ' | ' | ' |
AVAILABLE-FOR-SALE SECURITIES: | ' | ' | ' | ' | ' | ' |
Available-for-sale securities | ' | ' | 0 | ' | ' | ' |
Collateralized Debt Obligations, Pooled Trust Preferred Securities - Senior Tranches [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | ' | ' | ' | ' | ' | ' |
AVAILABLE-FOR-SALE SECURITIES: | ' | ' | ' | ' | ' | ' |
Available-for-sale securities | ' | ' | 0 | ' | ' | ' |
Collateralized Debt Obligations, Pooled Trust Preferred Securities - Senior Tranches [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | ' | ' | ' | ' | ' | ' |
AVAILABLE-FOR-SALE SECURITIES: | ' | ' | ' | ' | ' | ' |
Available-for-sale securities | ' | ' | 1,613 | ' | ' | ' |
Collateralized Debt Obligations, Pooled Trust Preferred Securities - Senior Tranches [Member] | Fair Value, Measurements, Recurring [Member] | Estimate of Fair Value Measurement [Member] | ' | ' | ' | ' | ' | ' |
AVAILABLE-FOR-SALE SECURITIES: | ' | ' | ' | ' | ' | ' |
Available-for-sale securities | ' | ' | 1,613 | ' | ' | ' |
Collateralized Debt Obligations, Pooled Trust Preferred Securities - Senior Tranches [Member] | ' | ' | ' | ' | ' | ' |
AVAILABLE-FOR-SALE SECURITIES: | ' | ' | ' | ' | ' | ' |
Available-for-sale securities | ' | ' | 1,613 | ' | ' | ' |
Other Collateralized Debt Obligations [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | ' | ' | ' | ' | ' | ' |
AVAILABLE-FOR-SALE SECURITIES: | ' | ' | ' | ' | ' | ' |
Available-for-sale securities | ' | ' | 0 | ' | ' | ' |
Other Collateralized Debt Obligations [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | ' | ' | ' | ' | ' | ' |
AVAILABLE-FOR-SALE SECURITIES: | ' | ' | ' | ' | ' | ' |
Available-for-sale securities | ' | ' | 660 | ' | ' | ' |
Other Collateralized Debt Obligations [Member] | Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | ' | ' | ' | ' | ' | ' |
AVAILABLE-FOR-SALE SECURITIES: | ' | ' | ' | ' | ' | ' |
Available-for-sale securities | ' | ' | 0 | ' | ' | ' |
Other Collateralized Debt Obligations [Member] | Fair Value, Measurements, Recurring [Member] | Estimate of Fair Value Measurement [Member] | ' | ' | ' | ' | ' | ' |
AVAILABLE-FOR-SALE SECURITIES: | ' | ' | ' | ' | ' | ' |
Available-for-sale securities | ' | ' | 660 | ' | ' | ' |
Other Collateralized Debt Obligations [Member] | ' | ' | ' | ' | ' | ' |
AVAILABLE-FOR-SALE SECURITIES: | ' | ' | ' | ' | ' | ' |
Available-for-sale securities | ' | ' | 660 | ' | ' | ' |
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | ' | ' | ' | ' | ' | ' |
AVAILABLE-FOR-SALE SECURITIES: | ' | ' | ' | ' | ' | ' |
Available-for-sale securities | 8,867 | ' | 8,373 | ' | ' | ' |
Servicing rights | 0 | ' | 0 | ' | ' | ' |
Total recurring fair value measurements | 8,867 | ' | 8,373 | ' | ' | ' |
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | ' | ' | ' | ' | ' | ' |
AVAILABLE-FOR-SALE SECURITIES: | ' | ' | ' | ' | ' | ' |
Available-for-sale securities | 466,783 | ' | 462,591 | ' | ' | ' |
Servicing rights | 0 | ' | 0 | ' | ' | ' |
Total recurring fair value measurements | 466,783 | ' | 462,591 | ' | ' | ' |
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | ' | ' | ' | ' | ' | ' |
AVAILABLE-FOR-SALE SECURITIES: | ' | ' | ' | ' | ' | ' |
Available-for-sale securities | 0 | ' | 1,613 | ' | ' | ' |
Servicing rights | 1,049 | ' | 605 | ' | ' | ' |
Total recurring fair value measurements | 1,049 | ' | 2,218 | ' | ' | ' |
Fair Value, Measurements, Recurring [Member] | Estimate of Fair Value Measurement [Member] | ' | ' | ' | ' | ' | ' |
AVAILABLE-FOR-SALE SECURITIES: | ' | ' | ' | ' | ' | ' |
Available-for-sale securities | 475,650 | ' | 472,577 | ' | ' | ' |
Servicing rights | 1,049 | ' | 605 | ' | ' | ' |
Total recurring fair value measurements | 476,699 | ' | 473,182 | ' | ' | ' |
Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 1 [Member] | ' | ' | ' | ' | ' | ' |
Nonrecurring fair value measurements | ' | ' | ' | ' | ' | ' |
Impaired loans with a valuation allowance | 0 | ' | 0 | ' | ' | ' |
Valuation allowance | 0 | ' | 0 | ' | ' | ' |
Impaired loans, net | 0 | ' | 0 | ' | ' | ' |
Foreclosed assets held for sale | 0 | ' | 0 | ' | ' | ' |
Total nonrecurring fair value measurements | 0 | ' | 0 | ' | ' | ' |
Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 2 [Member] | ' | ' | ' | ' | ' | ' |
Nonrecurring fair value measurements | ' | ' | ' | ' | ' | ' |
Impaired loans with a valuation allowance | 0 | ' | 0 | ' | ' | ' |
Valuation allowance | 0 | ' | 0 | ' | ' | ' |
Impaired loans, net | 0 | ' | 0 | ' | ' | ' |
Foreclosed assets held for sale | 0 | ' | 0 | ' | ' | ' |
Total nonrecurring fair value measurements | 0 | ' | 0 | ' | ' | ' |
Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member] | ' | ' | ' | ' | ' | ' |
Nonrecurring fair value measurements | ' | ' | ' | ' | ' | ' |
Impaired loans with a valuation allowance | 4,553 | ' | 2,710 | ' | ' | ' |
Valuation allowance | -703 | ' | -623 | ' | ' | ' |
Impaired loans, net | 3,850 | ' | 2,087 | ' | ' | ' |
Foreclosed assets held for sale | 776 | ' | 879 | ' | ' | ' |
Total nonrecurring fair value measurements | 4,626 | ' | 2,966 | ' | ' | ' |
Fair Value, Measurements, Nonrecurring [Member] | Estimate of Fair Value Measurement [Member] | ' | ' | ' | ' | ' | ' |
Nonrecurring fair value measurements | ' | ' | ' | ' | ' | ' |
Impaired loans with a valuation allowance | 4,553 | ' | 2,710 | ' | ' | ' |
Valuation allowance | -703 | ' | -623 | ' | ' | ' |
Impaired loans, net | 3,850 | ' | 2,087 | ' | ' | ' |
Foreclosed assets held for sale | 776 | ' | 879 | ' | ' | ' |
Total nonrecurring fair value measurements | 4,626 | ' | 2,966 | ' | ' | ' |
Fair Value, Inputs, Level 3 [Member] | ' | ' | ' | ' | ' | ' |
AVAILABLE-FOR-SALE SECURITIES: | ' | ' | ' | ' | ' | ' |
Total recurring fair value measurements | $1,049 | $850 | $2,218 | $3,064 | $3,992 | $5,743 |
Note_5_Fair_Value_Measurements3
Note 5 - Fair Value Measurements and Fair Values of Financial Instruments (Details) - Valuation Techniques and the Unobservable Inputs Used in Determining Fair Value (USD $) | 9 Months Ended | 12 Months Ended |
Sep. 30, 2013 | Dec. 31, 2012 | |
Servicing Rights Asset [Member] | ' | ' |
Fair Value Inputs, Assets, Quantitative Information [Line Items] | ' | ' |
Level 3 Asset Fair Value (in Dollars) | $1,049,000 | $605,000 |
Modeling Period Rate | 12.00% | 12.00% |
Weighted-average PSA | 147.00% | 288.00% |
Servicing Fees Percent of Loan Balances | 0.25% | 0.25% |
Servicing Fees Percent of Late Payments | 4.00% | 5.00% |
Servicing Rights Percent of Late Fees Assessed | 5.00% | 5.00% |
Miscellaneous Fees Per Account Per Month (in Dollars) | 1.94 | 1.94 |
Monthly Servicing Cost Per Account Per Month (in Dollars) | 6 | 6 |
Additional Monthly Servicing Cost Per Loan, More Than 30 Days Delinquent (in Dollars) | 24 | 24 |
Percent of Loans More Than 30 Days Delinquent | 1.50% | 1.50% |
Annual Increase In Servicing Costs | 3.00% | 3.00% |
Pooled trust preferred securities - senior tranches (in Dollars) | 1,049,000 | 605,000 |
Pooled trust preferred securities - senior tranches | 12.00% | 12.00% |
Pooled Trust Preferred Securities Senior Tranches [Member] | ' | ' |
Fair Value Inputs, Assets, Quantitative Information [Line Items] | ' | ' |
Level 3 Asset Fair Value (in Dollars) | 1,613,000 | ' |
Modeling Period Rate | 50.26% | ' |
Pooled trust preferred securities - senior tranches (in Dollars) | $1,613,000 | ' |
Pooled trust preferred securities - senior tranches | 50.26% | ' |
19.73% | ' | |
41.24% | ' | |
11.70% | ' |
Note_5_Fair_Value_Measurements4
Note 5 - Fair Value Measurements and Fair Values of Financial Instruments (Details) - Reconciliation of Activity for Level 3 Assets Measured at Fair Value on a Recurring Basis (USD $) | 3 Months Ended | 9 Months Ended | ||
Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] | ' | ' | ' | ' |
Accretion and amortization, net | ' | ' | ($1,428,000) | ($1,022,000) |
Realized gains, net | 193,000 | 2,430,000 | 1,452,000 | 2,631,000 |
Unrealized (losses) gains included in other comprehensive income | -185,000 | 2,338,000 | -8,103,000 | 3,197,000 |
Fair Value, Inputs, Level 3 [Member] | Pooled Trust Preferred Securities Senior Tranches [Member] | ' | ' | ' | ' |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] | ' | ' | ' | ' |
Balance, beginning of period | 0 | 2,386,000 | 1,613,000 | 4,638,000 |
Issuances of servicing rights | 0 | 0 | 0 | 0 |
Accretion and amortization, net | 0 | -1,000 | -2,000 | -6,000 |
Proceeds from sales and calls | 0 | 0 | -1,636,000 | -2,515,000 |
Realized gains, net | 0 | 0 | 23,000 | 40,000 |
Unrealized losses included in earnings | 0 | 0 | 0 | 0 |
Unrealized (losses) gains included in other comprehensive income | 0 | 111,000 | 2,000 | 339,000 |
Balance, end of period | 0 | 2,496,000 | 0 | 2,496,000 |
Fair Value, Inputs, Level 3 [Member] | Pooled Trust Preferred Securities Mezzanine Tranches [Member] | ' | ' | ' | ' |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] | ' | ' | ' | ' |
Balance, beginning of period | 0 | 1,146,000 | 0 | 730,000 |
Issuances of servicing rights | 0 | 0 | 0 | 0 |
Accretion and amortization, net | 0 | 0 | 0 | 0 |
Proceeds from sales and calls | 0 | -1,781,000 | -571,000 | -1,835,000 |
Realized gains, net | 0 | 1,781,000 | 571,000 | 1,835,000 |
Unrealized losses included in earnings | 0 | 0 | 0 | 0 |
Unrealized (losses) gains included in other comprehensive income | 0 | -1,146,000 | 0 | -730,000 |
Balance, end of period | 0 | 0 | 0 | 0 |
Fair Value, Inputs, Level 3 [Member] | Servicing Rights Asset [Member] | ' | ' | ' | ' |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] | ' | ' | ' | ' |
Balance, beginning of period | 850,000 | 460,000 | 605,000 | 375,000 |
Issuances of servicing rights | 240,000 | 133,000 | 556,000 | 262,000 |
Accretion and amortization, net | 0 | 0 | 0 | 0 |
Proceeds from sales and calls | 0 | 0 | 0 | 0 |
Realized gains, net | 0 | 0 | 0 | 0 |
Unrealized losses included in earnings | -41,000 | -25,000 | -112,000 | -69,000 |
Unrealized (losses) gains included in other comprehensive income | 0 | 0 | 0 | 0 |
Balance, end of period | 1,049,000 | 568,000 | 1,049,000 | 568,000 |
Fair Value, Inputs, Level 3 [Member] | ' | ' | ' | ' |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] | ' | ' | ' | ' |
Balance, beginning of period | 850,000 | 3,992,000 | 2,218,000 | 5,743,000 |
Issuances of servicing rights | 240,000 | 133,000 | 556,000 | 262,000 |
Accretion and amortization, net | 0 | -1,000 | -2,000 | -6,000 |
Proceeds from sales and calls | 0 | -1,781,000 | -2,207,000 | -4,350,000 |
Realized gains, net | 0 | 1,781,000 | 594,000 | 1,875,000 |
Unrealized losses included in earnings | -41,000 | -25,000 | -112,000 | -69,000 |
Unrealized (losses) gains included in other comprehensive income | 0 | -1,035,000 | 2,000 | -391,000 |
Balance, end of period | $1,049,000 | $3,064,000 | $1,049,000 | $3,064,000 |
Note_5_Fair_Value_Measurements5
Note 5 - Fair Value Measurements and Fair Values of Financial Instruments (Details) - Estimated Fair Values, and Related Carrying Amounts, of the Financial Instruments (USD $) | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2012 | Dec. 31, 2011 |
In Thousands, unless otherwise specified | ||||
Financial assets: | ' | ' | ' | ' |
Cash and cash equivalents | $37,707 | $55,016 | $37,676 | $56,815 |
Certificates of deposit | 5,540 | 4,820 | ' | ' |
Available-for-sale securities | 475,650 | 472,577 | ' | ' |
Loans, net | 641,345 | 677,053 | ' | ' |
Accrued interest receivable | 4,223 | 4,281 | ' | ' |
Financial liabilities: | ' | ' | ' | ' |
Short-term borrowings | 4,833 | 5,567 | ' | ' |
Long-term borrowings | 73,405 | 83,812 | ' | ' |
Reported Value Measurement [Member] | Fair Value, Inputs, Level 1 [Member] | ' | ' | ' | ' |
Financial assets: | ' | ' | ' | ' |
Cash and cash equivalents | 37,707 | 55,016 | ' | ' |
Loans held for sale | 801 | 2,545 | ' | ' |
Accrued interest receivable | 4,223 | 4,281 | ' | ' |
Financial liabilities: | ' | ' | ' | ' |
Deposits with no stated maturity | 693,219 | 693,687 | ' | ' |
Accrued interest payable | 111 | 137 | ' | ' |
Reported Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member] | ' | ' | ' | ' |
Financial assets: | ' | ' | ' | ' |
Certificates of deposit | 5,540 | 4,820 | ' | ' |
Available-for-sale securities | 475,650 | 472,577 | ' | ' |
Restricted equity securities (included in Other Assets) | 2,989 | 4,842 | ' | ' |
Reported Value Measurement [Member] | Fair Value, Inputs, Level 3 [Member] | ' | ' | ' | ' |
Financial assets: | ' | ' | ' | ' |
Loans, net | 641,345 | 677,053 | ' | ' |
Servicing rights | 1,049 | 605 | ' | ' |
Financial liabilities: | ' | ' | ' | ' |
Time deposits | 270,246 | 312,419 | ' | ' |
Short-term borrowings | 4,833 | 5,567 | ' | ' |
Long-term borrowings | 73,405 | 83,812 | ' | ' |
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 1 [Member] | ' | ' | ' | ' |
Financial assets: | ' | ' | ' | ' |
Cash and cash equivalents | 37,707 | 55,016 | ' | ' |
Loans held for sale | 801 | 2,545 | ' | ' |
Accrued interest receivable | 4,223 | 4,281 | ' | ' |
Financial liabilities: | ' | ' | ' | ' |
Deposits with no stated maturity | 693,219 | 693,687 | ' | ' |
Accrued interest payable | 111 | 137 | ' | ' |
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member] | ' | ' | ' | ' |
Financial assets: | ' | ' | ' | ' |
Certificates of deposit | 5,596 | 4,860 | ' | ' |
Available-for-sale securities | 475,650 | 472,577 | ' | ' |
Restricted equity securities (included in Other Assets) | 2,989 | 4,842 | ' | ' |
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 3 [Member] | ' | ' | ' | ' |
Financial assets: | ' | ' | ' | ' |
Loans, net | 645,271 | 693,047 | ' | ' |
Servicing rights | 1,049 | 605 | ' | ' |
Financial liabilities: | ' | ' | ' | ' |
Time deposits | 271,800 | 315,005 | ' | ' |
Short-term borrowings | 4,791 | 5,527 | ' | ' |
Long-term borrowings | $81,854 | $96,032 | ' | ' |
Note_6_Securities_Details
Note 6 - Securities (Details) (USD $) | 3 Months Ended | 9 Months Ended | 3 Months Ended | 9 Months Ended | 12 Months Ended | 3 Months Ended | 9 Months Ended | |||||||||
Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Dec. 31, 2012 | Jun. 30, 2013 | Jun. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2012 | Dec. 31, 2012 | Dec. 31, 2010 | Mar. 31, 2013 | Mar. 31, 2013 | Mar. 31, 2012 | Sep. 30, 2013 | Sep. 30, 2013 | |
Trust Preferred Securities Subject to Mandatory Redemption [Member] | Trust Preferred Securities Subject to Mandatory Redemption [Member] | Debt Securities [Member] | Carolina First Mortgage Loan Trust [Member] | Carolina First Mortgage Loan Trust [Member] | Carolina First Mortgage Loan Trust [Member] | Alesco Preferred Funding Ix [Member] | Marketable Equity Securities [Member] | Marketable Equity Securities [Member] | Bank Stocks [Member] | Bank Stocks [Member] | ||||||
Mmcaps Funding I Senior [Member] | Astoria Capital Trust I [Member] | |||||||||||||||
Note 6 - Securities (Details) [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Deposit Liabilities, Collateral Issued, Financial Instruments | $320,598,000 | ' | $320,598,000 | ' | $293,310,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Municipal Debt Securities, at Carrying Value | ' | ' | ' | ' | ' | ' | ' | 20,587,000 | ' | ' | ' | ' | ' | ' | ' | ' |
Available-for-sale Securities, Gross Unrealized Gain (Loss) | ' | ' | ' | ' | ' | ' | ' | -869,000 | ' | ' | ' | ' | ' | ' | ' | ' |
Debt Instrument, Face Amount | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 2,000,000 | ' | ' | ' | ' | ' |
Interest Income, Other | ' | ' | ' | ' | ' | ' | ' | ' | 855,000 | 855,000 | ' | ' | ' | ' | ' | ' |
Gain (Loss) on Sale of Securities, Net | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 571,000 | ' | ' | ' | ' |
Investment Owned, at Cost | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 3,000,000 | ' | ' | ' | ' |
Proceeds from (Repurchase of) Trust Preferred Securities | ' | ' | ' | ' | ' | 1,636,000 | 5,171,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Available-for-sale Securities, Gross Realized Gains | 193,000 | 2,430,000 | 1,595,000 | 2,747,000 | ' | 23,000 | 13,000 | ' | ' | ' | ' | ' | ' | ' | 188,000 | 766,000 |
Other than Temporary Impairment Losses, Investments, Available-for-sale Securities | 0 | 0 | 25,000 | 67,000 | ' | ' | ' | ' | ' | ' | ' | ' | 25,000 | 67,000 | ' | ' |
Available-for-sale Securities, Gross Realized Gain (Loss) | 193,000 | 2,430,000 | 1,452,000 | 2,631,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 538,000 | ' |
Federal Home Loan Bank Stock | $2,859,000 | ' | $2,859,000 | ' | $4,712,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Note_6_Securities_Details_Amor
Note 6 - Securities (Details) - Amortized Cost and Fair Value of Available-for-Sale Securities (USD $) | 9 Months Ended | 12 Months Ended |
In Thousands, unless otherwise specified | Sep. 30, 2013 | Dec. 31, 2012 |
Schedule of Available-for-sale Securities [Line Items] | ' | ' |
Amortized Cost | $471,771 | $454,781 |
Gross Unrealized Holding Gains | 10,810 | 18,283 |
Gross Unrealized Holding Losses | -6,931 | -487 |
Fair Value | 475,650 | 472,577 |
Obligations of U.S. Government Agencies [Member] | ' | ' |
Schedule of Available-for-sale Securities [Line Items] | ' | ' |
Amortized Cost | 47,445 | 30,695 |
Gross Unrealized Holding Gains | 365 | 572 |
Gross Unrealized Holding Losses | -1,426 | -50 |
Fair Value | 46,384 | 31,217 |
Obligations of States and Political Subdivisions, Tax-exempt [Member] | ' | ' |
Schedule of Available-for-sale Securities [Line Items] | ' | ' |
Amortized Cost | 129,884 | 130,168 |
Gross Unrealized Holding Gains | 3,198 | 7,030 |
Gross Unrealized Holding Losses | -1,986 | -178 |
Fair Value | 131,096 | 137,020 |
Obligations of States and Political Subdivisions, Taxable [Member] | ' | ' |
Schedule of Available-for-sale Securities [Line Items] | ' | ' |
Amortized Cost | 31,582 | 24,426 |
Gross Unrealized Holding Gains | 261 | 462 |
Gross Unrealized Holding Losses | -632 | -71 |
Fair Value | 31,211 | 24,817 |
Mortgage-backed Securities [Member] | ' | ' |
Schedule of Available-for-sale Securities [Line Items] | ' | ' |
Amortized Cost | 80,190 | 76,368 |
Gross Unrealized Holding Gains | 2,405 | 3,828 |
Gross Unrealized Holding Losses | -241 | 0 |
Fair Value | 82,354 | 80,196 |
Collateralized Mortgage Obligations, Issued by U.S. Government Agencies [Member] | ' | ' |
Schedule of Available-for-sale Securities [Line Items] | ' | ' |
Amortized Cost | 176,208 | 179,770 |
Gross Unrealized Holding Gains | 1,515 | 3,887 |
Gross Unrealized Holding Losses | -2,645 | -147 |
Fair Value | 175,078 | 183,510 |
Collateralized Debt Obligations [Member] | ' | ' |
Schedule of Available-for-sale Securities [Line Items] | ' | ' |
Amortized Cost | 660 | ' |
Gross Unrealized Holding Gains | 0 | ' |
Gross Unrealized Holding Losses | 0 | ' |
Fair Value | 660 | ' |
Debt Securities [Member] | ' | ' |
Schedule of Available-for-sale Securities [Line Items] | ' | ' |
Amortized Cost | 465,969 | 448,869 |
Gross Unrealized Holding Gains | 7,744 | 15,783 |
Gross Unrealized Holding Losses | -6,930 | -448 |
Fair Value | 466,783 | 464,204 |
Marketable Equity Securities [Member] | ' | ' |
Schedule of Available-for-sale Securities [Line Items] | ' | ' |
Amortized Cost | 5,802 | 5,912 |
Gross Unrealized Holding Gains | 3,066 | 2,500 |
Gross Unrealized Holding Losses | -1 | -39 |
Fair Value | 8,867 | 8,373 |
Trust Preferred Securities Issued by Individual Institutions [Member] | ' | ' |
Schedule of Available-for-sale Securities [Line Items] | ' | ' |
Amortized Cost | ' | 5,167 |
Gross Unrealized Holding Gains | ' | 4 |
Gross Unrealized Holding Losses | ' | 0 |
Fair Value | ' | 5,171 |
Collateralized Debt Obligations, Pooled Trust Preferred Securities - Senior Tranches [Member] | ' | ' |
Schedule of Available-for-sale Securities [Line Items] | ' | ' |
Amortized Cost | ' | 1,615 |
Gross Unrealized Holding Gains | ' | 0 |
Gross Unrealized Holding Losses | ' | -2 |
Fair Value | ' | 1,613 |
Other Collateralized Debt Obligations [Member] | ' | ' |
Schedule of Available-for-sale Securities [Line Items] | ' | ' |
Amortized Cost | ' | 660 |
Gross Unrealized Holding Gains | ' | 0 |
Gross Unrealized Holding Losses | ' | 0 |
Fair Value | ' | $660 |
Note_6_Securities_Details_Gros
Note 6 - Securities (Details) - Gross Unrealized Losses and Fair Value of Available-for-Sale Securities (USD $) | 9 Months Ended | 12 Months Ended |
In Thousands, unless otherwise specified | Sep. 30, 2013 | Dec. 31, 2012 |
Note 6 - Securities (Details) - Gross Unrealized Losses and Fair Value of Available-for-Sale Securities [Line Items] | ' | ' |
Less Than 12 Months, Fair Value | $175,718 | $38,087 |
Less Than 12 Months, Unrealized Losses | -6,476 | -365 |
12 Months or More, Fair Value | 9,445 | 5,419 |
12 Months or More, Unrealized Losses | -455 | -122 |
Total Fair Value | 185,163 | 43,506 |
Total Unrealized Losses | -6,931 | -487 |
Obligations of U.S. Government Agencies [Member] | ' | ' |
Note 6 - Securities (Details) - Gross Unrealized Losses and Fair Value of Available-for-Sale Securities [Line Items] | ' | ' |
Less Than 12 Months, Fair Value | 27,489 | 10,006 |
Less Than 12 Months, Unrealized Losses | -1,426 | -50 |
12 Months or More, Fair Value | 0 | 0 |
12 Months or More, Unrealized Losses | 0 | 0 |
Total Fair Value | 27,489 | 10,006 |
Total Unrealized Losses | -1,426 | -50 |
Obligations of States and Political Subdivisions, Tax-exempt [Member] | ' | ' |
Note 6 - Securities (Details) - Gross Unrealized Losses and Fair Value of Available-for-Sale Securities [Line Items] | ' | ' |
Less Than 12 Months, Fair Value | 42,396 | 7,082 |
Less Than 12 Months, Unrealized Losses | -1,771 | -92 |
12 Months or More, Fair Value | 2,719 | 3,285 |
12 Months or More, Unrealized Losses | -215 | -86 |
Total Fair Value | 45,115 | 10,367 |
Total Unrealized Losses | -1,986 | -178 |
Obligations of States and Political Subdivisions, Taxable [Member] | ' | ' |
Note 6 - Securities (Details) - Gross Unrealized Losses and Fair Value of Available-for-Sale Securities [Line Items] | ' | ' |
Less Than 12 Months, Fair Value | 14,013 | 4,149 |
Less Than 12 Months, Unrealized Losses | -550 | -71 |
12 Months or More, Fair Value | 2,117 | 0 |
12 Months or More, Unrealized Losses | -82 | 0 |
Total Fair Value | 16,130 | 4,149 |
Total Unrealized Losses | -632 | -71 |
Mortgage-backed Securities, Issued by Private Enterprises [Member] | ' | ' |
Note 6 - Securities (Details) - Gross Unrealized Losses and Fair Value of Available-for-Sale Securities [Line Items] | ' | ' |
Less Than 12 Months, Fair Value | 9,525 | ' |
Less Than 12 Months, Unrealized Losses | -241 | ' |
12 Months or More, Fair Value | 0 | ' |
12 Months or More, Unrealized Losses | 0 | ' |
Total Fair Value | 9,525 | ' |
Total Unrealized Losses | -241 | ' |
Collateralized Mortgage Obligations, Issued by U.S. Government Agencies [Member] | ' | ' |
Note 6 - Securities (Details) - Gross Unrealized Losses and Fair Value of Available-for-Sale Securities [Line Items] | ' | ' |
Less Than 12 Months, Fair Value | 82,290 | 16,755 |
Less Than 12 Months, Unrealized Losses | -2,487 | -146 |
12 Months or More, Fair Value | 4,609 | 454 |
12 Months or More, Unrealized Losses | -158 | -1 |
Total Fair Value | 86,899 | 17,209 |
Total Unrealized Losses | -2,645 | -147 |
Debt Securities [Member] | ' | ' |
Note 6 - Securities (Details) - Gross Unrealized Losses and Fair Value of Available-for-Sale Securities [Line Items] | ' | ' |
Less Than 12 Months, Fair Value | 175,713 | 37,992 |
Less Than 12 Months, Unrealized Losses | -6,475 | -359 |
12 Months or More, Fair Value | 9,445 | 5,352 |
12 Months or More, Unrealized Losses | -455 | -89 |
Total Fair Value | 185,158 | 43,344 |
Total Unrealized Losses | -6,930 | -448 |
Marketable Equity Securities [Member] | ' | ' |
Note 6 - Securities (Details) - Gross Unrealized Losses and Fair Value of Available-for-Sale Securities [Line Items] | ' | ' |
Less Than 12 Months, Fair Value | 5 | 95 |
Less Than 12 Months, Unrealized Losses | -1 | -6 |
12 Months or More, Fair Value | 0 | 67 |
12 Months or More, Unrealized Losses | 0 | -33 |
Total Fair Value | 5 | 162 |
Total Unrealized Losses | -1 | -39 |
Collateralized Debt Obligations, Pooled Trust Preferred Securities - Senior Tranches [Member] | ' | ' |
Note 6 - Securities (Details) - Gross Unrealized Losses and Fair Value of Available-for-Sale Securities [Line Items] | ' | ' |
Less Than 12 Months, Fair Value | ' | 0 |
Less Than 12 Months, Unrealized Losses | ' | 0 |
12 Months or More, Fair Value | ' | 1,613 |
12 Months or More, Unrealized Losses | ' | -2 |
Total Fair Value | ' | 1,613 |
Total Unrealized Losses | ' | ($2) |
Note_6_Securities_Details_Gros1
Note 6 - Securities (Details) - Gross Realized Gains and Losses from Available-for-Sale Securities (USD $) | 3 Months Ended | 9 Months Ended | ||
In Thousands, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 |
Gross Realized Gains and Losses from Available-for-Sale Securities [Abstract] | ' | ' | ' | ' |
Gross realized gains from sales | $193 | $2,430 | $1,595 | $2,747 |
Gross realized losses from sales | 0 | 0 | -118 | -49 |
Losses from OTTI impairment | 0 | 0 | -25 | -67 |
Net realized gains | $193 | $2,430 | $1,452 | $2,631 |
Note_6_Securities_Details_Amor1
Note 6 - Securities (Details) - Amortized Cost and Fair Value of Available-for-Sale Debt Securities by Contractual Maturity (USD $) | Sep. 30, 2013 |
In Thousands, unless otherwise specified | |
Note 6 - Securities (Details) - Amortized Cost and Fair Value of Available-for-Sale Debt Securities by Contractual Maturity [Line Items] | ' |
Due in one year or less | $26,404 |
Due in one year or less | 26,650 |
Due from one year through five years | 43,581 |
Due from one year through five years | 44,227 |
Due from five years through ten years | 77,448 |
Due from five years through ten years | 75,606 |
Due after ten years | 62,138 |
Due after ten years | 62,868 |
Subtotal | 209,571 |
Subtotal | 209,351 |
Total | 465,969 |
Total | 466,783 |
Mortgage-backed Securities [Member] | ' |
Note 6 - Securities (Details) - Amortized Cost and Fair Value of Available-for-Sale Debt Securities by Contractual Maturity [Line Items] | ' |
Without Single Maturity Date, Amortized Cost | 80,190 |
Without Single Maturity Date, Fair Value | 82,354 |
Collateralized Mortgage Obligations, Issued by U.S. Government Agencies [Member] | ' |
Note 6 - Securities (Details) - Amortized Cost and Fair Value of Available-for-Sale Debt Securities by Contractual Maturity [Line Items] | ' |
Without Single Maturity Date, Amortized Cost | 176,208 |
Without Single Maturity Date, Fair Value | $175,078 |
Note_7_Loans_Details
Note 7 - Loans (Details) (Percentage Of Average Outstanding Loans In Previous Thirty Six Months [Member], USD $) | 9 Months Ended |
Sep. 30, 2013 | |
Note 7 - Loans (Details) [Line Items] | ' |
Allowance for Loan and Lease Losses, Period Increase (Decrease) | $4,000 |
Residential Mortgage [Member] | ' |
Note 7 - Loans (Details) [Line Items] | ' |
Allowance for Loan and Lease Losses, Period Increase (Decrease) | 37,000 |
Commercial Loan [Member] | ' |
Note 7 - Loans (Details) [Line Items] | ' |
Allowance for Loan and Lease Losses, Period Increase (Decrease) | ($33,000) |
Note_7_Loans_Details_Loans_by_
Note 7 - Loans (Details) - Loans by Type (USD $) | Sep. 30, 2013 | Jun. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2012 | Jun. 30, 2012 | Dec. 31, 2011 |
In Thousands, unless otherwise specified | ||||||
Residential mortgage: | ' | ' | ' | ' | ' | ' |
Loans and Leases Receivable, Gross, Carrying Amount | $648,475 | ' | $683,910 | ' | ' | ' |
Less: allowance for loan losses | -7,130 | -7,198 | -6,857 | -7,792 | -7,657 | -7,705 |
Loans, net | 641,345 | ' | 677,053 | ' | ' | ' |
Residential Mortgage Loans - First Liens [Member] | ' | ' | ' | ' | ' | ' |
Residential mortgage: | ' | ' | ' | ' | ' | ' |
Loans and Leases Receivable, Gross, Carrying Amount | 301,794 | ' | 311,627 | ' | ' | ' |
Less: allowance for loan losses | -2,925 | -2,871 | -2,619 | -2,976 | -2,888 | -3,026 |
Residential Mortgage Loans - Junior Liens [Member] | ' | ' | ' | ' | ' | ' |
Residential mortgage: | ' | ' | ' | ' | ' | ' |
Loans and Leases Receivable, Gross, Carrying Amount | 24,079 | ' | 26,748 | ' | ' | ' |
Less: allowance for loan losses | -214 | -229 | -247 | -252 | -254 | -266 |
Home Equity Line of Credit [Member] | ' | ' | ' | ' | ' | ' |
Residential mortgage: | ' | ' | ' | ' | ' | ' |
Loans and Leases Receivable, Gross, Carrying Amount | 34,360 | ' | 33,017 | ' | ' | ' |
Less: allowance for loan losses | -268 | -258 | -255 | -251 | -245 | -231 |
1-4 Family Residential Construction [Member] | ' | ' | ' | ' | ' | ' |
Residential mortgage: | ' | ' | ' | ' | ' | ' |
Loans and Leases Receivable, Gross, Carrying Amount | 15,746 | ' | 12,842 | ' | ' | ' |
Less: allowance for loan losses | -189 | -179 | -96 | -98 | -80 | -79 |
Total Residential Mortgage [Member] | ' | ' | ' | ' | ' | ' |
Residential mortgage: | ' | ' | ' | ' | ' | ' |
Loans and Leases Receivable, Gross, Carrying Amount | 375,979 | ' | 384,234 | ' | ' | ' |
Less: allowance for loan losses | -3,596 | -3,537 | -3,217 | -3,577 | -3,467 | -3,602 |
Commercial Loans Secured by Real Estate [Member] | ' | ' | ' | ' | ' | ' |
Residential mortgage: | ' | ' | ' | ' | ' | ' |
Loans and Leases Receivable, Gross, Carrying Amount | 151,602 | ' | 158,413 | ' | ' | ' |
Less: allowance for loan losses | -1,662 | -1,944 | -1,930 | -1,976 | -1,976 | -2,004 |
Commercial and Industrial [Member] | ' | ' | ' | ' | ' | ' |
Residential mortgage: | ' | ' | ' | ' | ' | ' |
Loans and Leases Receivable, Gross, Carrying Amount | 44,312 | ' | 48,442 | ' | ' | ' |
Less: allowance for loan losses | -596 | -628 | -581 | -677 | -712 | -946 |
Political Subdivisions [Member] | ' | ' | ' | ' | ' | ' |
Residential mortgage: | ' | ' | ' | ' | ' | ' |
Loans and Leases Receivable, Gross, Carrying Amount | 13,905 | ' | 31,789 | ' | ' | ' |
Less: allowance for loan losses | 0 | 0 | 0 | 0 | 0 | 0 |
Commercial Construction and Land [Member] | ' | ' | ' | ' | ' | ' |
Residential mortgage: | ' | ' | ' | ' | ' | ' |
Loans and Leases Receivable, Gross, Carrying Amount | 21,630 | ' | 28,200 | ' | ' | ' |
Less: allowance for loan losses | -394 | -258 | -234 | -676 | -606 | -267 |
Loans Secured by Farmland [Member] | ' | ' | ' | ' | ' | ' |
Residential mortgage: | ' | ' | ' | ' | ' | ' |
Loans and Leases Receivable, Gross, Carrying Amount | 10,711 | ' | 11,403 | ' | ' | ' |
Less: allowance for loan losses | -117 | -121 | -129 | -120 | -117 | -126 |
Multi-family (5 or more) Residential [Member] | ' | ' | ' | ' | ' | ' |
Residential mortgage: | ' | ' | ' | ' | ' | ' |
Loans and Leases Receivable, Gross, Carrying Amount | 5,994 | ' | 6,745 | ' | ' | ' |
Less: allowance for loan losses | -55 | -64 | -67 | -61 | -64 | -66 |
Agricultural Loans [Member] | ' | ' | ' | ' | ' | ' |
Residential mortgage: | ' | ' | ' | ' | ' | ' |
Loans and Leases Receivable, Gross, Carrying Amount | 3,085 | ' | 3,053 | ' | ' | ' |
Less: allowance for loan losses | -28 | -28 | -27 | -29 | -29 | -27 |
Other Commercial Loans [Member] | ' | ' | ' | ' | ' | ' |
Residential mortgage: | ' | ' | ' | ' | ' | ' |
Loans and Leases Receivable, Gross, Carrying Amount | 9,858 | ' | 362 | ' | ' | ' |
Less: allowance for loan losses | -91 | -5 | -3 | -3 | -5 | -5 |
Total Commercial [Member] | ' | ' | ' | ' | ' | ' |
Residential mortgage: | ' | ' | ' | ' | ' | ' |
Loans and Leases Receivable, Gross, Carrying Amount | 261,097 | ' | 288,407 | ' | ' | ' |
Less: allowance for loan losses | -2,943 | -3,048 | -2,971 | -3,542 | -3,509 | -3,441 |
Consumer [Member] | ' | ' | ' | ' | ' | ' |
Residential mortgage: | ' | ' | ' | ' | ' | ' |
Loans and Leases Receivable, Gross, Carrying Amount | 11,399 | ' | 11,269 | ' | ' | ' |
Less: allowance for loan losses | ($193) | ($215) | ($228) | ($238) | ($245) | ($228) |
Note_7_Loans_Details_Allowance
Note 7 - Loans (Details) - Allowance for Loan Losses (USD $) | 3 Months Ended | 9 Months Ended | ||
In Thousands, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 |
Residential mortgage: | ' | ' | ' | ' |
Beginning Balance | $7,198 | $7,657 | $6,857 | $7,705 |
Charge-offs | -374 | -113 | -619 | -404 |
Recoveries | 67 | 12 | 404 | 70 |
Provision (Credit) | 239 | 236 | 488 | 421 |
Ending Balance | 7,130 | 7,792 | 7,130 | 7,792 |
Residential Mortgage Loans - First Liens [Member] | ' | ' | ' | ' |
Residential mortgage: | ' | ' | ' | ' |
Beginning Balance | 2,871 | 2,888 | 2,619 | 3,026 |
Charge-offs | 0 | -34 | -65 | -222 |
Recoveries | 0 | 0 | 11 | 18 |
Provision (Credit) | 54 | 122 | 360 | 154 |
Ending Balance | 2,925 | 2,976 | 2,925 | 2,976 |
Residential Mortgage Loans - Junior Liens [Member] | ' | ' | ' | ' |
Residential mortgage: | ' | ' | ' | ' |
Beginning Balance | 229 | 254 | 247 | 266 |
Charge-offs | 0 | 0 | 0 | 0 |
Recoveries | 0 | 0 | 0 | 0 |
Provision (Credit) | -15 | -2 | -33 | -14 |
Ending Balance | 214 | 252 | 214 | 252 |
Home Equity Line of Credit [Member] | ' | ' | ' | ' |
Residential mortgage: | ' | ' | ' | ' |
Beginning Balance | 258 | 245 | 255 | 231 |
Charge-offs | 0 | 0 | 0 | 0 |
Recoveries | 0 | 0 | 0 | 0 |
Provision (Credit) | 10 | 6 | 13 | 20 |
Ending Balance | 268 | 251 | 268 | 251 |
1-4 Family Residential Construction [Member] | ' | ' | ' | ' |
Residential mortgage: | ' | ' | ' | ' |
Beginning Balance | 179 | 80 | 96 | 79 |
Charge-offs | 0 | 0 | -11 | 0 |
Recoveries | 0 | 0 | 0 | 0 |
Provision (Credit) | 10 | 18 | 104 | 19 |
Ending Balance | 189 | 98 | 189 | 98 |
Total Residential Mortgage [Member] | ' | ' | ' | ' |
Residential mortgage: | ' | ' | ' | ' |
Beginning Balance | 3,537 | 3,467 | 3,217 | 3,602 |
Charge-offs | 0 | -34 | -76 | -222 |
Recoveries | 0 | 0 | 11 | 18 |
Provision (Credit) | 59 | 144 | 444 | 179 |
Ending Balance | 3,596 | 3,577 | 3,596 | 3,577 |
Commercial Loans Secured by Real Estate [Member] | ' | ' | ' | ' |
Residential mortgage: | ' | ' | ' | ' |
Beginning Balance | 1,944 | 1,976 | 1,930 | 2,004 |
Charge-offs | -169 | 0 | -169 | 0 |
Recoveries | 50 | 0 | 343 | 0 |
Provision (Credit) | -163 | 0 | -442 | -28 |
Ending Balance | 1,662 | 1,976 | 1,662 | 1,976 |
Commercial and Industrial [Member] | ' | ' | ' | ' |
Residential mortgage: | ' | ' | ' | ' |
Beginning Balance | 628 | 712 | 581 | 946 |
Charge-offs | -176 | -8 | -286 | -43 |
Recoveries | 1 | 1 | 3 | 6 |
Provision (Credit) | 143 | -28 | 298 | -232 |
Ending Balance | 596 | 677 | 596 | 677 |
Political Subdivisions [Member] | ' | ' | ' | ' |
Residential mortgage: | ' | ' | ' | ' |
Beginning Balance | 0 | 0 | 0 | 0 |
Charge-offs | 0 | 0 | 0 | 0 |
Recoveries | 0 | 0 | 0 | 0 |
Provision (Credit) | 0 | 0 | 0 | 0 |
Ending Balance | 0 | 0 | 0 | 0 |
Commercial Construction and Land [Member] | ' | ' | ' | ' |
Residential mortgage: | ' | ' | ' | ' |
Beginning Balance | 258 | 606 | 234 | 267 |
Charge-offs | 0 | 0 | -4 | 0 |
Recoveries | 0 | 0 | 0 | 0 |
Provision (Credit) | 136 | 70 | 164 | 409 |
Ending Balance | 394 | 676 | 394 | 676 |
Loans Secured by Farmland [Member] | ' | ' | ' | ' |
Residential mortgage: | ' | ' | ' | ' |
Beginning Balance | 121 | 117 | 129 | 126 |
Charge-offs | 0 | 0 | 0 | 0 |
Recoveries | 0 | 0 | 0 | 0 |
Provision (Credit) | -4 | 3 | -12 | -6 |
Ending Balance | 117 | 120 | 117 | 120 |
Multi-family (5 or more) Residential [Member] | ' | ' | ' | ' |
Residential mortgage: | ' | ' | ' | ' |
Beginning Balance | 64 | 64 | 67 | 66 |
Charge-offs | 0 | 0 | 0 | 0 |
Recoveries | 0 | 0 | 0 | 0 |
Provision (Credit) | -9 | -3 | -12 | -5 |
Ending Balance | 55 | 61 | 55 | 61 |
Agricultural Loans [Member] | ' | ' | ' | ' |
Residential mortgage: | ' | ' | ' | ' |
Beginning Balance | 28 | 29 | 27 | 27 |
Charge-offs | 0 | 0 | 0 | 0 |
Recoveries | 0 | 0 | 0 | 0 |
Provision (Credit) | 0 | 0 | 1 | 2 |
Ending Balance | 28 | 29 | 28 | 29 |
Other Commercial Loans [Member] | ' | ' | ' | ' |
Residential mortgage: | ' | ' | ' | ' |
Beginning Balance | 5 | 5 | 3 | 5 |
Charge-offs | 0 | 0 | 0 | 0 |
Recoveries | 0 | 0 | 0 | 0 |
Provision (Credit) | 86 | -2 | 88 | -2 |
Ending Balance | 91 | 3 | 91 | 3 |
Total Commercial [Member] | ' | ' | ' | ' |
Residential mortgage: | ' | ' | ' | ' |
Beginning Balance | 3,048 | 3,509 | 2,971 | 3,441 |
Charge-offs | -345 | -8 | -459 | -43 |
Recoveries | 51 | 1 | 346 | 6 |
Provision (Credit) | 189 | 40 | 85 | 138 |
Ending Balance | 2,943 | 3,542 | 2,943 | 3,542 |
Consumer [Member] | ' | ' | ' | ' |
Residential mortgage: | ' | ' | ' | ' |
Beginning Balance | 215 | 245 | 228 | 228 |
Charge-offs | -29 | -71 | -84 | -139 |
Recoveries | 16 | 11 | 47 | 46 |
Provision (Credit) | -9 | 53 | 2 | 103 |
Ending Balance | 193 | 238 | 193 | 238 |
Unallocated [Member] | ' | ' | ' | ' |
Residential mortgage: | ' | ' | ' | ' |
Beginning Balance | 398 | 436 | 441 | 434 |
Charge-offs | 0 | 0 | 0 | 0 |
Recoveries | 0 | 0 | 0 | 0 |
Provision (Credit) | 0 | -1 | -43 | 1 |
Ending Balance | $398 | $435 | $398 | $435 |
Note_7_Loans_Details_Aggregate
Note 7 - Loans (Details) - Aggregate Credit Quality Classification of Outstanding Loans by Risk Rating (USD $) | Sep. 30, 2013 | Dec. 31, 2012 |
In Thousands, unless otherwise specified | ||
Residential Mortgage: | ' | ' |
Loans and Leases Receivable, Gross Carrying Amount | $648,475 | $683,910 |
Residential Mortgage Loans - First Liens [Member] | Pass [Member] | ' | ' |
Residential Mortgage: | ' | ' |
Loans and Leases Receivable, Gross Carrying Amount | 287,370 | 295,929 |
Residential Mortgage Loans - First Liens [Member] | Special Mention [Member] | ' | ' |
Residential Mortgage: | ' | ' |
Loans and Leases Receivable, Gross Carrying Amount | 2,525 | 3,633 |
Residential Mortgage Loans - First Liens [Member] | Substandard [Member] | ' | ' |
Residential Mortgage: | ' | ' |
Loans and Leases Receivable, Gross Carrying Amount | 11,714 | 11,872 |
Residential Mortgage Loans - First Liens [Member] | Doubtful [Member] | ' | ' |
Residential Mortgage: | ' | ' |
Loans and Leases Receivable, Gross Carrying Amount | 185 | 193 |
Residential Mortgage Loans - First Liens [Member] | ' | ' |
Residential Mortgage: | ' | ' |
Loans and Leases Receivable, Gross Carrying Amount | 301,794 | 311,627 |
Residential Mortgage Loans - Junior Liens [Member] | Pass [Member] | ' | ' |
Residential Mortgage: | ' | ' |
Loans and Leases Receivable, Gross Carrying Amount | 23,004 | 25,394 |
Residential Mortgage Loans - Junior Liens [Member] | Special Mention [Member] | ' | ' |
Residential Mortgage: | ' | ' |
Loans and Leases Receivable, Gross Carrying Amount | 254 | 420 |
Residential Mortgage Loans - Junior Liens [Member] | Substandard [Member] | ' | ' |
Residential Mortgage: | ' | ' |
Loans and Leases Receivable, Gross Carrying Amount | 821 | 934 |
Residential Mortgage Loans - Junior Liens [Member] | Doubtful [Member] | ' | ' |
Residential Mortgage: | ' | ' |
Loans and Leases Receivable, Gross Carrying Amount | 0 | 0 |
Residential Mortgage Loans - Junior Liens [Member] | ' | ' |
Residential Mortgage: | ' | ' |
Loans and Leases Receivable, Gross Carrying Amount | 24,079 | 26,748 |
Home Equity Line of Credit [Member] | Pass [Member] | ' | ' |
Residential Mortgage: | ' | ' |
Loans and Leases Receivable, Gross Carrying Amount | 34,019 | 32,374 |
Home Equity Line of Credit [Member] | Special Mention [Member] | ' | ' |
Residential Mortgage: | ' | ' |
Loans and Leases Receivable, Gross Carrying Amount | 50 | 130 |
Home Equity Line of Credit [Member] | Substandard [Member] | ' | ' |
Residential Mortgage: | ' | ' |
Loans and Leases Receivable, Gross Carrying Amount | 291 | 513 |
Home Equity Line of Credit [Member] | Doubtful [Member] | ' | ' |
Residential Mortgage: | ' | ' |
Loans and Leases Receivable, Gross Carrying Amount | 0 | 0 |
Home Equity Line of Credit [Member] | ' | ' |
Residential Mortgage: | ' | ' |
Loans and Leases Receivable, Gross Carrying Amount | 34,360 | 33,017 |
1-4 Family Residential Construction [Member] | Pass [Member] | ' | ' |
Residential Mortgage: | ' | ' |
Loans and Leases Receivable, Gross Carrying Amount | 15,674 | 12,759 |
1-4 Family Residential Construction [Member] | Special Mention [Member] | ' | ' |
Residential Mortgage: | ' | ' |
Loans and Leases Receivable, Gross Carrying Amount | 0 | 0 |
1-4 Family Residential Construction [Member] | Substandard [Member] | ' | ' |
Residential Mortgage: | ' | ' |
Loans and Leases Receivable, Gross Carrying Amount | 72 | 83 |
1-4 Family Residential Construction [Member] | Doubtful [Member] | ' | ' |
Residential Mortgage: | ' | ' |
Loans and Leases Receivable, Gross Carrying Amount | 0 | 0 |
1-4 Family Residential Construction [Member] | ' | ' |
Residential Mortgage: | ' | ' |
Loans and Leases Receivable, Gross Carrying Amount | 15,746 | 12,842 |
Residential Mortgage [Member] | Pass [Member] | ' | ' |
Residential Mortgage: | ' | ' |
Loans and Leases Receivable, Gross Carrying Amount | 360,067 | 366,456 |
Residential Mortgage [Member] | Special Mention [Member] | ' | ' |
Residential Mortgage: | ' | ' |
Loans and Leases Receivable, Gross Carrying Amount | 2,829 | 4,183 |
Residential Mortgage [Member] | Substandard [Member] | ' | ' |
Residential Mortgage: | ' | ' |
Loans and Leases Receivable, Gross Carrying Amount | 12,898 | 13,402 |
Residential Mortgage [Member] | Doubtful [Member] | ' | ' |
Residential Mortgage: | ' | ' |
Loans and Leases Receivable, Gross Carrying Amount | 185 | 193 |
Residential Mortgage [Member] | ' | ' |
Residential Mortgage: | ' | ' |
Loans and Leases Receivable, Gross Carrying Amount | 375,979 | 384,234 |
Commercial Loans Secured by Real Estate [Member] | Pass [Member] | ' | ' |
Residential Mortgage: | ' | ' |
Loans and Leases Receivable, Gross Carrying Amount | 134,974 | 146,381 |
Commercial Loans Secured by Real Estate [Member] | Special Mention [Member] | ' | ' |
Residential Mortgage: | ' | ' |
Loans and Leases Receivable, Gross Carrying Amount | 12,196 | 6,994 |
Commercial Loans Secured by Real Estate [Member] | Substandard [Member] | ' | ' |
Residential Mortgage: | ' | ' |
Loans and Leases Receivable, Gross Carrying Amount | 4,285 | 5,038 |
Commercial Loans Secured by Real Estate [Member] | Doubtful [Member] | ' | ' |
Residential Mortgage: | ' | ' |
Loans and Leases Receivable, Gross Carrying Amount | 147 | 0 |
Commercial Loans Secured by Real Estate [Member] | ' | ' |
Residential Mortgage: | ' | ' |
Loans and Leases Receivable, Gross Carrying Amount | 151,602 | 158,413 |
Commercial and Industrial [Member] | Pass [Member] | ' | ' |
Residential Mortgage: | ' | ' |
Loans and Leases Receivable, Gross Carrying Amount | 37,610 | 41,237 |
Commercial and Industrial [Member] | Special Mention [Member] | ' | ' |
Residential Mortgage: | ' | ' |
Loans and Leases Receivable, Gross Carrying Amount | 3,575 | 3,030 |
Commercial and Industrial [Member] | Substandard [Member] | ' | ' |
Residential Mortgage: | ' | ' |
Loans and Leases Receivable, Gross Carrying Amount | 2,877 | 3,810 |
Commercial and Industrial [Member] | Doubtful [Member] | ' | ' |
Residential Mortgage: | ' | ' |
Loans and Leases Receivable, Gross Carrying Amount | 250 | 365 |
Commercial and Industrial [Member] | ' | ' |
Residential Mortgage: | ' | ' |
Loans and Leases Receivable, Gross Carrying Amount | 44,312 | 48,442 |
Political Subdivisions [Member] | Pass [Member] | ' | ' |
Residential Mortgage: | ' | ' |
Loans and Leases Receivable, Gross Carrying Amount | 13,905 | 31,679 |
Political Subdivisions [Member] | Special Mention [Member] | ' | ' |
Residential Mortgage: | ' | ' |
Loans and Leases Receivable, Gross Carrying Amount | 0 | 110 |
Political Subdivisions [Member] | Substandard [Member] | ' | ' |
Residential Mortgage: | ' | ' |
Loans and Leases Receivable, Gross Carrying Amount | 0 | 0 |
Political Subdivisions [Member] | Doubtful [Member] | ' | ' |
Residential Mortgage: | ' | ' |
Loans and Leases Receivable, Gross Carrying Amount | 0 | 0 |
Political Subdivisions [Member] | ' | ' |
Residential Mortgage: | ' | ' |
Loans and Leases Receivable, Gross Carrying Amount | 13,905 | 31,789 |
Commercial Construction and Land [Member] | Pass [Member] | ' | ' |
Residential Mortgage: | ' | ' |
Loans and Leases Receivable, Gross Carrying Amount | 18,534 | 26,744 |
Commercial Construction and Land [Member] | Special Mention [Member] | ' | ' |
Residential Mortgage: | ' | ' |
Loans and Leases Receivable, Gross Carrying Amount | 222 | 231 |
Commercial Construction and Land [Member] | Substandard [Member] | ' | ' |
Residential Mortgage: | ' | ' |
Loans and Leases Receivable, Gross Carrying Amount | 2,126 | 477 |
Commercial Construction and Land [Member] | Doubtful [Member] | ' | ' |
Residential Mortgage: | ' | ' |
Loans and Leases Receivable, Gross Carrying Amount | 748 | 748 |
Commercial Construction and Land [Member] | ' | ' |
Residential Mortgage: | ' | ' |
Loans and Leases Receivable, Gross Carrying Amount | 21,630 | 28,200 |
Loans Secured by Farmland [Member] | Pass [Member] | ' | ' |
Residential Mortgage: | ' | ' |
Loans and Leases Receivable, Gross Carrying Amount | 8,500 | 9,102 |
Loans Secured by Farmland [Member] | Special Mention [Member] | ' | ' |
Residential Mortgage: | ' | ' |
Loans and Leases Receivable, Gross Carrying Amount | 763 | 751 |
Loans Secured by Farmland [Member] | Substandard [Member] | ' | ' |
Residential Mortgage: | ' | ' |
Loans and Leases Receivable, Gross Carrying Amount | 1,417 | 1,517 |
Loans Secured by Farmland [Member] | Doubtful [Member] | ' | ' |
Residential Mortgage: | ' | ' |
Loans and Leases Receivable, Gross Carrying Amount | 31 | 33 |
Loans Secured by Farmland [Member] | ' | ' |
Residential Mortgage: | ' | ' |
Loans and Leases Receivable, Gross Carrying Amount | 10,711 | 11,403 |
Multi-family (5 or more) Residential [Member] | Pass [Member] | ' | ' |
Residential Mortgage: | ' | ' |
Loans and Leases Receivable, Gross Carrying Amount | 5,666 | 6,394 |
Multi-family (5 or more) Residential [Member] | Special Mention [Member] | ' | ' |
Residential Mortgage: | ' | ' |
Loans and Leases Receivable, Gross Carrying Amount | 323 | 342 |
Multi-family (5 or more) Residential [Member] | Substandard [Member] | ' | ' |
Residential Mortgage: | ' | ' |
Loans and Leases Receivable, Gross Carrying Amount | 5 | 9 |
Multi-family (5 or more) Residential [Member] | Doubtful [Member] | ' | ' |
Residential Mortgage: | ' | ' |
Loans and Leases Receivable, Gross Carrying Amount | 0 | 0 |
Multi-family (5 or more) Residential [Member] | ' | ' |
Residential Mortgage: | ' | ' |
Loans and Leases Receivable, Gross Carrying Amount | 5,994 | 6,745 |
Agricultural Loans [Member] | Pass [Member] | ' | ' |
Residential Mortgage: | ' | ' |
Loans and Leases Receivable, Gross Carrying Amount | 2,997 | 2,963 |
Agricultural Loans [Member] | Special Mention [Member] | ' | ' |
Residential Mortgage: | ' | ' |
Loans and Leases Receivable, Gross Carrying Amount | 36 | 28 |
Agricultural Loans [Member] | Substandard [Member] | ' | ' |
Residential Mortgage: | ' | ' |
Loans and Leases Receivable, Gross Carrying Amount | 52 | 62 |
Agricultural Loans [Member] | Doubtful [Member] | ' | ' |
Residential Mortgage: | ' | ' |
Loans and Leases Receivable, Gross Carrying Amount | 0 | 0 |
Agricultural Loans [Member] | ' | ' |
Residential Mortgage: | ' | ' |
Loans and Leases Receivable, Gross Carrying Amount | 3,085 | 3,053 |
Other Commercial Loans [Member] | Pass [Member] | ' | ' |
Residential Mortgage: | ' | ' |
Loans and Leases Receivable, Gross Carrying Amount | 9,756 | 362 |
Other Commercial Loans [Member] | Special Mention [Member] | ' | ' |
Residential Mortgage: | ' | ' |
Loans and Leases Receivable, Gross Carrying Amount | 102 | 0 |
Other Commercial Loans [Member] | Substandard [Member] | ' | ' |
Residential Mortgage: | ' | ' |
Loans and Leases Receivable, Gross Carrying Amount | 0 | 0 |
Other Commercial Loans [Member] | Doubtful [Member] | ' | ' |
Residential Mortgage: | ' | ' |
Loans and Leases Receivable, Gross Carrying Amount | 0 | 0 |
Other Commercial Loans [Member] | ' | ' |
Residential Mortgage: | ' | ' |
Loans and Leases Receivable, Gross Carrying Amount | 9,858 | 362 |
Commercial Loan [Member] | Pass [Member] | ' | ' |
Residential Mortgage: | ' | ' |
Loans and Leases Receivable, Gross Carrying Amount | 231,942 | 264,862 |
Commercial Loan [Member] | Special Mention [Member] | ' | ' |
Residential Mortgage: | ' | ' |
Loans and Leases Receivable, Gross Carrying Amount | 17,217 | 11,486 |
Commercial Loan [Member] | Substandard [Member] | ' | ' |
Residential Mortgage: | ' | ' |
Loans and Leases Receivable, Gross Carrying Amount | 10,762 | 10,913 |
Commercial Loan [Member] | Doubtful [Member] | ' | ' |
Residential Mortgage: | ' | ' |
Loans and Leases Receivable, Gross Carrying Amount | 1,176 | 1,146 |
Commercial Loan [Member] | ' | ' |
Residential Mortgage: | ' | ' |
Loans and Leases Receivable, Gross Carrying Amount | 261,097 | 288,407 |
Consumer [Member] | Pass [Member] | ' | ' |
Residential Mortgage: | ' | ' |
Loans and Leases Receivable, Gross Carrying Amount | 11,219 | 11,053 |
Consumer [Member] | Special Mention [Member] | ' | ' |
Residential Mortgage: | ' | ' |
Loans and Leases Receivable, Gross Carrying Amount | 11 | 12 |
Consumer [Member] | Substandard [Member] | ' | ' |
Residential Mortgage: | ' | ' |
Loans and Leases Receivable, Gross Carrying Amount | 168 | 203 |
Consumer [Member] | Doubtful [Member] | ' | ' |
Residential Mortgage: | ' | ' |
Loans and Leases Receivable, Gross Carrying Amount | 1 | 1 |
Consumer [Member] | ' | ' |
Residential Mortgage: | ' | ' |
Loans and Leases Receivable, Gross Carrying Amount | 11,399 | 11,269 |
Pass [Member] | ' | ' |
Residential Mortgage: | ' | ' |
Loans and Leases Receivable, Gross Carrying Amount | 603,228 | 642,371 |
Special Mention [Member] | ' | ' |
Residential Mortgage: | ' | ' |
Loans and Leases Receivable, Gross Carrying Amount | 20,057 | 15,681 |
Substandard [Member] | ' | ' |
Residential Mortgage: | ' | ' |
Loans and Leases Receivable, Gross Carrying Amount | 23,828 | 24,518 |
Doubtful [Member] | ' | ' |
Residential Mortgage: | ' | ' |
Loans and Leases Receivable, Gross Carrying Amount | $1,362 | $1,340 |
Note_7_Loans_Details_Loan_Bala
Note 7 - Loans (Details) - Loan Balances and the Related Allowance for Loan Losses Summarized by Portfolio Segment (USD $) | Sep. 30, 2013 | Jun. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2012 | Jun. 30, 2012 | Dec. 31, 2011 |
In Thousands, unless otherwise specified | ||||||
Residential mortgage: | ' | ' | ' | ' | ' | ' |
Loans: Individually Evaluated | $10,256 | ' | $7,429 | ' | ' | ' |
Loans: Collectively Evaluated | 638,219 | ' | 676,481 | ' | ' | ' |
Loans: Totals | 648,475 | ' | 683,910 | ' | ' | ' |
Allowance for Loan Losses: Individually Evaluated | 703 | ' | 623 | ' | ' | ' |
Allowance for Loan Losses: Collectively Evaulated | 6,029 | ' | 5,793 | ' | ' | ' |
Allowance for Loan Losses: Totals | 7,130 | 7,198 | 6,857 | 7,792 | 7,657 | 7,705 |
Residential Mortgage Loans - First Liens [Member] | ' | ' | ' | ' | ' | ' |
Residential mortgage: | ' | ' | ' | ' | ' | ' |
Loans: Individually Evaluated | 3,191 | ' | 2,341 | ' | ' | ' |
Loans: Collectively Evaluated | 298,603 | ' | 309,286 | ' | ' | ' |
Loans: Totals | 301,794 | ' | 311,627 | ' | ' | ' |
Allowance for Loan Losses: Individually Evaluated | 387 | ' | 206 | ' | ' | ' |
Allowance for Loan Losses: Collectively Evaulated | 2,538 | ' | 2,413 | ' | ' | ' |
Allowance for Loan Losses: Totals | 2,925 | 2,871 | 2,619 | 2,976 | 2,888 | 3,026 |
Residential Mortgage Loans - Junior Liens [Member] | ' | ' | ' | ' | ' | ' |
Residential mortgage: | ' | ' | ' | ' | ' | ' |
Loans: Individually Evaluated | 312 | ' | 158 | ' | ' | ' |
Loans: Collectively Evaluated | 23,767 | ' | 26,590 | ' | ' | ' |
Loans: Totals | 24,079 | ' | 26,748 | ' | ' | ' |
Allowance for Loan Losses: Individually Evaluated | 0 | ' | 0 | ' | ' | ' |
Allowance for Loan Losses: Collectively Evaulated | 214 | ' | 247 | ' | ' | ' |
Allowance for Loan Losses: Totals | 214 | 229 | 247 | 252 | 254 | 266 |
Home Equity Line of Credit [Member] | ' | ' | ' | ' | ' | ' |
Residential mortgage: | ' | ' | ' | ' | ' | ' |
Loans: Individually Evaluated | 0 | ' | 0 | ' | ' | ' |
Loans: Collectively Evaluated | 34,360 | ' | 33,017 | ' | ' | ' |
Loans: Totals | 34,360 | ' | 33,017 | ' | ' | ' |
Allowance for Loan Losses: Individually Evaluated | 0 | ' | 0 | ' | ' | ' |
Allowance for Loan Losses: Collectively Evaulated | 268 | ' | 255 | ' | ' | ' |
Allowance for Loan Losses: Totals | 268 | 258 | 255 | 251 | 245 | 231 |
1-4 Family Residential Construction [Member] | ' | ' | ' | ' | ' | ' |
Residential mortgage: | ' | ' | ' | ' | ' | ' |
Loans: Individually Evaluated | 0 | ' | 0 | ' | ' | ' |
Loans: Collectively Evaluated | 15,746 | ' | 12,842 | ' | ' | ' |
Loans: Totals | 15,746 | ' | 12,842 | ' | ' | ' |
Allowance for Loan Losses: Individually Evaluated | 0 | ' | 0 | ' | ' | ' |
Allowance for Loan Losses: Collectively Evaulated | 189 | ' | 96 | ' | ' | ' |
Allowance for Loan Losses: Totals | 189 | 179 | 96 | 98 | 80 | 79 |
Residential Mortgage [Member] | ' | ' | ' | ' | ' | ' |
Residential mortgage: | ' | ' | ' | ' | ' | ' |
Loans: Individually Evaluated | 3,503 | ' | 2,499 | ' | ' | ' |
Loans: Collectively Evaluated | 372,476 | ' | 381,735 | ' | ' | ' |
Loans: Totals | 375,979 | ' | 384,234 | ' | ' | ' |
Allowance for Loan Losses: Individually Evaluated | 387 | ' | 206 | ' | ' | ' |
Allowance for Loan Losses: Collectively Evaulated | 3,209 | ' | 3,011 | ' | ' | ' |
Allowance for Loan Losses: Totals | 3,596 | ' | 3,217 | ' | ' | ' |
Commercial Loans Secured by Real Estate [Member] | ' | ' | ' | ' | ' | ' |
Residential mortgage: | ' | ' | ' | ' | ' | ' |
Loans: Individually Evaluated | 1,557 | ' | 1,938 | ' | ' | ' |
Loans: Collectively Evaluated | 150,045 | ' | 156,475 | ' | ' | ' |
Loans: Totals | 151,602 | ' | 158,413 | ' | ' | ' |
Allowance for Loan Losses: Individually Evaluated | 27 | ' | 146 | ' | ' | ' |
Allowance for Loan Losses: Collectively Evaulated | 1,635 | ' | 1,784 | ' | ' | ' |
Allowance for Loan Losses: Totals | 1,662 | 1,944 | 1,930 | 1,976 | 1,976 | 2,004 |
Commercial and Industrial [Member] | ' | ' | ' | ' | ' | ' |
Residential mortgage: | ' | ' | ' | ' | ' | ' |
Loans: Individually Evaluated | 1,010 | ' | 939 | ' | ' | ' |
Loans: Collectively Evaluated | 43,302 | ' | 47,503 | ' | ' | ' |
Loans: Totals | 44,312 | ' | 48,442 | ' | ' | ' |
Allowance for Loan Losses: Individually Evaluated | 116 | ' | 197 | ' | ' | ' |
Allowance for Loan Losses: Collectively Evaulated | 480 | ' | 384 | ' | ' | ' |
Allowance for Loan Losses: Totals | 596 | 628 | 581 | 677 | 712 | 946 |
Political Subdivisions [Member] | ' | ' | ' | ' | ' | ' |
Residential mortgage: | ' | ' | ' | ' | ' | ' |
Loans: Individually Evaluated | 0 | ' | 0 | ' | ' | ' |
Loans: Collectively Evaluated | 13,905 | ' | 31,789 | ' | ' | ' |
Loans: Totals | 13,905 | ' | 31,789 | ' | ' | ' |
Allowance for Loan Losses: Individually Evaluated | 0 | ' | 0 | ' | ' | ' |
Allowance for Loan Losses: Collectively Evaulated | 0 | ' | 0 | ' | ' | ' |
Allowance for Loan Losses: Totals | 0 | 0 | 0 | 0 | 0 | 0 |
Commercial Construction and Land [Member] | ' | ' | ' | ' | ' | ' |
Residential mortgage: | ' | ' | ' | ' | ' | ' |
Loans: Individually Evaluated | 2,805 | ' | 1,034 | ' | ' | ' |
Loans: Collectively Evaluated | 18,825 | ' | 27,166 | ' | ' | ' |
Loans: Totals | 21,630 | ' | 28,200 | ' | ' | ' |
Allowance for Loan Losses: Individually Evaluated | 142 | ' | 0 | ' | ' | ' |
Allowance for Loan Losses: Collectively Evaulated | 252 | ' | 234 | ' | ' | ' |
Allowance for Loan Losses: Totals | 394 | 258 | 234 | 676 | 606 | 267 |
Loans Secured by Farmland [Member] | ' | ' | ' | ' | ' | ' |
Residential mortgage: | ' | ' | ' | ' | ' | ' |
Loans: Individually Evaluated | 1,333 | ' | 923 | ' | ' | ' |
Loans: Collectively Evaluated | 9,378 | ' | 10,480 | ' | ' | ' |
Loans: Totals | 10,711 | ' | 11,403 | ' | ' | ' |
Allowance for Loan Losses: Individually Evaluated | 31 | ' | 34 | ' | ' | ' |
Allowance for Loan Losses: Collectively Evaulated | 86 | ' | 95 | ' | ' | ' |
Allowance for Loan Losses: Totals | 117 | 121 | 129 | 120 | 117 | 126 |
Multi-family (5 or more) Residential [Member] | ' | ' | ' | ' | ' | ' |
Residential mortgage: | ' | ' | ' | ' | ' | ' |
Loans: Individually Evaluated | 5 | ' | 9 | ' | ' | ' |
Loans: Collectively Evaluated | 5,989 | ' | 6,736 | ' | ' | ' |
Loans: Totals | 5,994 | ' | 6,745 | ' | ' | ' |
Allowance for Loan Losses: Individually Evaluated | 0 | ' | 0 | ' | ' | ' |
Allowance for Loan Losses: Collectively Evaulated | 55 | ' | 67 | ' | ' | ' |
Allowance for Loan Losses: Totals | 55 | 64 | 67 | 61 | 64 | 66 |
Agricultural Loans [Member] | ' | ' | ' | ' | ' | ' |
Residential mortgage: | ' | ' | ' | ' | ' | ' |
Loans: Individually Evaluated | 37 | ' | 40 | ' | ' | ' |
Loans: Collectively Evaluated | 3,048 | ' | 3,013 | ' | ' | ' |
Loans: Totals | 3,085 | ' | 3,053 | ' | ' | ' |
Allowance for Loan Losses: Individually Evaluated | 0 | ' | 0 | ' | ' | ' |
Allowance for Loan Losses: Collectively Evaulated | 28 | ' | 27 | ' | ' | ' |
Allowance for Loan Losses: Totals | 28 | 28 | 27 | 29 | 29 | 27 |
Other Commercial Loans [Member] | ' | ' | ' | ' | ' | ' |
Residential mortgage: | ' | ' | ' | ' | ' | ' |
Loans: Individually Evaluated | 0 | ' | 0 | ' | ' | ' |
Loans: Collectively Evaluated | 9,858 | ' | 362 | ' | ' | ' |
Loans: Totals | 9,858 | ' | 362 | ' | ' | ' |
Allowance for Loan Losses: Individually Evaluated | 0 | ' | 0 | ' | ' | ' |
Allowance for Loan Losses: Collectively Evaulated | 91 | ' | 3 | ' | ' | ' |
Allowance for Loan Losses: Totals | 91 | 5 | 3 | 3 | 5 | 5 |
Commercial Loan [Member] | ' | ' | ' | ' | ' | ' |
Residential mortgage: | ' | ' | ' | ' | ' | ' |
Loans: Individually Evaluated | 6,747 | ' | 4,883 | ' | ' | ' |
Loans: Collectively Evaluated | 254,350 | ' | 283,524 | ' | ' | ' |
Loans: Totals | 261,097 | ' | 288,407 | ' | ' | ' |
Allowance for Loan Losses: Individually Evaluated | 316 | ' | 377 | ' | ' | ' |
Allowance for Loan Losses: Collectively Evaulated | 2,627 | ' | 2,594 | ' | ' | ' |
Allowance for Loan Losses: Totals | 2,943 | ' | 2,971 | ' | ' | ' |
Consumer [Member] | ' | ' | ' | ' | ' | ' |
Residential mortgage: | ' | ' | ' | ' | ' | ' |
Loans: Individually Evaluated | 6 | ' | 47 | ' | ' | ' |
Loans: Collectively Evaluated | 11,393 | ' | 11,222 | ' | ' | ' |
Loans: Totals | 11,399 | ' | 11,269 | ' | ' | ' |
Allowance for Loan Losses: Individually Evaluated | 0 | ' | 40 | ' | ' | ' |
Allowance for Loan Losses: Collectively Evaulated | 193 | ' | 188 | ' | ' | ' |
Allowance for Loan Losses: Totals | 193 | 215 | 228 | 238 | 245 | 228 |
Unallocated [Member] | ' | ' | ' | ' | ' | ' |
Residential mortgage: | ' | ' | ' | ' | ' | ' |
Allowance for Loan Losses: Totals | $398 | $398 | $441 | $435 | $436 | $434 |
Note_7_Loans_Details_Average_B
Note 7 - Loans (Details) - Average Balance of Impaired Loans and Income Recognized on Impaired Loans (USD $) | 3 Months Ended | 9 Months Ended | ||
In Thousands, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 |
Average Balance of Impaired Loans and Income Recognized on Impaired Loans [Abstract] | ' | ' | ' | ' |
Average investment in impaired loans | $8,773 | $7,325 | $8,032 | $7,175 |
Interest income recognized on impaired loans | 163 | 90 | 291 | 228 |
Interest income recognized on a cash basis on impaired loans | $163 | $90 | $291 | $228 |
Note_7_Loans_Details_Nonaccrua
Note 7 - Loans (Details) - Nonaccrual Loans and Loans Past Due Ninety Days or More (USD $) | Sep. 30, 2013 | Dec. 31, 2012 |
In Thousands, unless otherwise specified | ||
Residential mortgage: | ' | ' |
Past Due 90+ Days and Accruing | $2,668 | $2,311 |
Nonaccrual | 6,760 | 7,353 |
Residential Mortgage Loans - First Liens [Member] | ' | ' |
Residential mortgage: | ' | ' |
Past Due 90+ Days and Accruing | 1,908 | 1,900 |
Nonaccrual | 3,135 | 3,064 |
Residential Mortgage Loans - Junior Liens [Member] | ' | ' |
Residential mortgage: | ' | ' |
Past Due 90+ Days and Accruing | 57 | 29 |
Nonaccrual | 111 | 111 |
Home Equity Line of Credit [Member] | ' | ' |
Residential mortgage: | ' | ' |
Past Due 90+ Days and Accruing | 39 | 40 |
Nonaccrual | 62 | 200 |
1-4 Family Residential Construction [Member] | ' | ' |
Residential mortgage: | ' | ' |
Past Due 90+ Days and Accruing | 0 | 0 |
Nonaccrual | 72 | 0 |
Total Residential Mortgage [Member] | ' | ' |
Residential mortgage: | ' | ' |
Past Due 90+ Days and Accruing | 2,004 | 1,969 |
Nonaccrual | 3,380 | 3,375 |
Commercial Loans Secured by Real Estate [Member] | ' | ' |
Residential mortgage: | ' | ' |
Past Due 90+ Days and Accruing | 565 | 120 |
Nonaccrual | 1,071 | 1,338 |
Commercial and Industrial [Member] | ' | ' |
Residential mortgage: | ' | ' |
Past Due 90+ Days and Accruing | 17 | 68 |
Nonaccrual | 460 | 761 |
Commercial Construction and Land [Member] | ' | ' |
Residential mortgage: | ' | ' |
Past Due 90+ Days and Accruing | 5 | 149 |
Nonaccrual | 875 | 887 |
Loans Secured by Farmland [Member] | ' | ' |
Residential mortgage: | ' | ' |
Past Due 90+ Days and Accruing | 0 | 0 |
Nonaccrual | 910 | 923 |
Agricultural Loans [Member] | ' | ' |
Residential mortgage: | ' | ' |
Past Due 90+ Days and Accruing | 2 | 0 |
Nonaccrual | 37 | 40 |
Total Commercial [Member] | ' | ' |
Residential mortgage: | ' | ' |
Past Due 90+ Days and Accruing | 589 | 337 |
Nonaccrual | 3,353 | 3,949 |
Consumer [Member] | ' | ' |
Residential mortgage: | ' | ' |
Past Due 90+ Days and Accruing | 75 | 5 |
Nonaccrual | $27 | $29 |
Note_7_Loans_Details_Contractu
Note 7 - Loans (Details) - Contractual Aging of Loans (USD $) | Sep. 30, 2013 | Dec. 31, 2012 |
In Thousands, unless otherwise specified | ||
Residential mortgage: | ' | ' |
Current & Past Due Less than 30 Days | $633,657 | $668,657 |
Past Due 30-89 Days | 8,139 | 8,483 |
Past Due 90+ Days | 6,679 | 6,770 |
Loans and Leases Receivable, Gross, Carrying Amount | 648,475 | 683,910 |
Residential Portfolio Segment Residential Mortgage First Liens [Member] | ' | ' |
Residential mortgage: | ' | ' |
Current & Past Due Less than 30 Days | 295,255 | 302,373 |
Past Due 30-89 Days | 3,652 | 6,228 |
Past Due 90+ Days | 2,887 | 3,026 |
Loans and Leases Receivable, Gross, Carrying Amount | 301,794 | 311,627 |
Residential Mortgage Loans - Junior Liens [Member] | ' | ' |
Residential mortgage: | ' | ' |
Current & Past Due Less than 30 Days | 23,638 | 26,247 |
Past Due 30-89 Days | 273 | 371 |
Past Due 90+ Days | 168 | 130 |
Loans and Leases Receivable, Gross, Carrying Amount | 24,079 | 26,748 |
Home Equity Line of Credit [Member] | ' | ' |
Residential mortgage: | ' | ' |
Current & Past Due Less than 30 Days | 34,063 | 32,593 |
Past Due 30-89 Days | 196 | 184 |
Past Due 90+ Days | 101 | 240 |
Loans and Leases Receivable, Gross, Carrying Amount | 34,360 | 33,017 |
1-4 Family Residential Construction [Member] | ' | ' |
Residential mortgage: | ' | ' |
Current & Past Due Less than 30 Days | 15,674 | 12,627 |
Past Due 30-89 Days | 0 | 215 |
Past Due 90+ Days | 72 | 0 |
Loans and Leases Receivable, Gross, Carrying Amount | 15,746 | 12,842 |
Total Residential Mortgage [Member] | ' | ' |
Residential mortgage: | ' | ' |
Current & Past Due Less than 30 Days | 368,630 | 373,840 |
Past Due 30-89 Days | 4,121 | 6,998 |
Past Due 90+ Days | 3,228 | 3,396 |
Loans and Leases Receivable, Gross, Carrying Amount | 375,979 | 384,234 |
Commercial Loans Secured by Real Estate [Member] | ' | ' |
Residential mortgage: | ' | ' |
Current & Past Due Less than 30 Days | 148,613 | 156,834 |
Past Due 30-89 Days | 1,671 | 704 |
Past Due 90+ Days | 1,318 | 875 |
Loans and Leases Receivable, Gross, Carrying Amount | 151,602 | 158,413 |
Commercial and Industrial [Member] | ' | ' |
Residential mortgage: | ' | ' |
Current & Past Due Less than 30 Days | 44,007 | 47,569 |
Past Due 30-89 Days | 17 | 317 |
Past Due 90+ Days | 288 | 556 |
Loans and Leases Receivable, Gross, Carrying Amount | 44,312 | 48,442 |
Political Subdivisions [Member] | ' | ' |
Residential mortgage: | ' | ' |
Current & Past Due Less than 30 Days | 13,905 | 31,789 |
Past Due 30-89 Days | 0 | 0 |
Past Due 90+ Days | 0 | 0 |
Loans and Leases Receivable, Gross, Carrying Amount | 13,905 | 31,789 |
Commercial Construction and Land [Member] | ' | ' |
Residential mortgage: | ' | ' |
Current & Past Due Less than 30 Days | 18,938 | 26,944 |
Past Due 30-89 Days | 1,840 | 248 |
Past Due 90+ Days | 852 | 1,008 |
Loans and Leases Receivable, Gross, Carrying Amount | 21,630 | 28,200 |
Loans Secured by Farmland [Member] | ' | ' |
Residential mortgage: | ' | ' |
Current & Past Due Less than 30 Days | 9,494 | 10,438 |
Past Due 30-89 Days | 338 | 75 |
Past Due 90+ Days | 879 | 890 |
Loans and Leases Receivable, Gross, Carrying Amount | 10,711 | 11,403 |
Multi-family (5 or more) Residential [Member] | ' | ' |
Residential mortgage: | ' | ' |
Current & Past Due Less than 30 Days | 5,994 | 6,743 |
Past Due 30-89 Days | 0 | 2 |
Past Due 90+ Days | 0 | 0 |
Loans and Leases Receivable, Gross, Carrying Amount | 5,994 | 6,745 |
Agricultural Loans [Member] | ' | ' |
Residential mortgage: | ' | ' |
Current & Past Due Less than 30 Days | 3,048 | 3,003 |
Past Due 30-89 Days | 0 | 10 |
Past Due 90+ Days | 37 | 40 |
Loans and Leases Receivable, Gross, Carrying Amount | 3,085 | 3,053 |
Other Commercial Loans [Member] | ' | ' |
Residential mortgage: | ' | ' |
Current & Past Due Less than 30 Days | 9,858 | 362 |
Past Due 30-89 Days | 0 | 0 |
Past Due 90+ Days | 0 | 0 |
Loans and Leases Receivable, Gross, Carrying Amount | 9,858 | 362 |
Total Commercial [Member] | ' | ' |
Residential mortgage: | ' | ' |
Current & Past Due Less than 30 Days | 253,857 | 283,682 |
Past Due 30-89 Days | 3,866 | 1,356 |
Past Due 90+ Days | 3,374 | 3,369 |
Loans and Leases Receivable, Gross, Carrying Amount | 261,097 | 288,407 |
Consumer Loan [Member] | ' | ' |
Residential mortgage: | ' | ' |
Current & Past Due Less than 30 Days | 11,170 | 11,135 |
Past Due 30-89 Days | 152 | 129 |
Past Due 90+ Days | 77 | 5 |
Loans and Leases Receivable, Gross, Carrying Amount | $11,399 | $11,269 |
Note_7_Loans_Details_Contractu1
Note 7 - Loans (Details) - Contractual Aging of Nonaccrual Loans (USD $) | Sep. 30, 2013 | Dec. 31, 2012 |
In Thousands, unless otherwise specified | ||
Note 7 - Loans (Details) - Contractual Aging of Nonaccrual Loans [Line Items] | ' | ' |
Current & Past Due Less than 30 Days | $633,657 | $668,657 |
Past Due 30-89 Days | 8,139 | 8,483 |
Past Due 90+ Days | 6,679 | 6,770 |
Total | 6,760 | 7,353 |
Nonaccrual Loans [Member] | ' | ' |
Note 7 - Loans (Details) - Contractual Aging of Nonaccrual Loans [Line Items] | ' | ' |
Current & Past Due Less than 30 Days | 1,870 | 2,167 |
Past Due 30-89 Days | 879 | 727 |
Past Due 90+ Days | 4,011 | 4,459 |
Total | $6,760 | $7,353 |
Note_7_Loans_Details_Aging_of_
Note 7 - Loans (Details) - Aging of Troubled Debt Restructings (USD $) | Sep. 30, 2013 | Dec. 31, 2012 |
In Thousands, unless otherwise specified | ||
Financing Receivable, Modifications [Line Items] | ' | ' |
Curent & Past Due Less than 30 Days | $633,657 | $668,657 |
Past Due 30-89 Days | 8,139 | 8,483 |
Past Due 90+ Days | 6,679 | 6,770 |
Nonaccrual | 6,760 | 7,353 |
Troubled Debt Restructuring [Member] | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' |
Curent & Past Due Less than 30 Days | 1,720 | 785 |
Past Due 30-89 Days | 440 | 121 |
Past Due 90+ Days | 0 | 0 |
Nonaccrual | 926 | 1,155 |
Loans and Leases Receivable Subject to Troubled Debt Restrucuring | $3,086 | $2,061 |
Note_7_Loans_Details_Troubled_
Note 7 - Loans (Details) - Troubled Debt Restructurings (USD $) | 9 Months Ended | ||||||
In Thousands, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2012 |
Residential Mortgage Loans - First Liens [Member] | Residential Mortgage Loans - Junior Liens [Member] | Commercial Loans Secured by Real Estate [Member] | Loans Secured by Farmland [Member] | Agricultural Loans [Member] | Consumer Loan [Member] | Commercial and Industrial [Member] | |
Residential mortgage: | ' | ' | ' | ' | ' | ' | ' |
Number of Contracts | 6 | 3 | 1 | 4 | 1 | 1 | 1 |
Pre-Modification Outstanding Recorded Investment | $677 | $102 | $440 | $512 | $13 | $6 | $65 |
Post-Modification Outstanding Recorded Investment | $677 | $102 | $440 | $512 | $13 | $6 | $65 |
Note_7_Loans_Details_Defaults_
Note 7 - Loans (Details) - Defaults on Loans With Previous Modifications (Commercial Loans Secured by Real Estate [Member], USD $) | 9 Months Ended |
In Thousands, unless otherwise specified | Sep. 30, 2013 |
Commercial Loans Secured by Real Estate [Member] | ' |
Commercial, | ' |
Commercial loans secured by real estate | 1 |
Commercial loans secured by real estate (in Dollars) | $440 |
Note_8_Borrowed_Funds_Details
Note 8 - Borrowed Funds (Details) (USD $) | 3 Months Ended | 9 Months Ended | 3 Months Ended | ||||||||||
Sep. 30, 2013 | Mar. 31, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2012 | Dec. 31, 2012 | Dec. 31, 2007 | Sep. 30, 2013 | Dec. 31, 2012 | |
FHLB-Pittsburgh [Member] | FHLB-Pittsburgh [Member] | Repurchase Agreement Maturing in 2017 with a Rate of 3.595% [Member] | Repurchase Agreement Maturing in 2017 with a Rate of 3.595% [Member] | Repurchase Agreement Maturing in 2017 with a Rate of 3.595% [Member] | Repurchase Agreements [Member] | Repurchase Agreement Maturing in 2017 with a Rate of 4.265% [Member] | |||||||
Note 8 - Borrowed Funds (Details) [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Line of Credit Facility, Collateral | ' | ' | ' | 'The FHLB-Pittsburgh loan facilities are collateralized by qualifying loans secured by real estate | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Loans Pledged as Collateral | ' | ' | ' | ' | ' | ' | $464,259,000 | $471,731,000 | ' | ' | ' | ' | ' |
Federal Home Loan Bank Stock | 2,859,000 | ' | ' | 2,859,000 | ' | 4,712,000 | 2,859,000 | 4,712,000 | ' | ' | ' | ' | ' |
Debt, Weighted Average Interest Rate | ' | 3.60% | ' | ' | ' | ' | ' | ' | ' | ' | ' | 0.10% | ' |
Carrying Value of Securities Sold under Repurchase Agreements and Deposits Received for Securities Loaned | 10,706,000 | ' | ' | 10,706,000 | ' | 11,179,000 | ' | ' | ' | ' | ' | ' | ' |
Payments of Debt Extinguishment Costs | 0 | -1,023,000 | -2,190,000 | -1,023,000 | -2,333,000 | ' | ' | ' | ' | ' | ' | ' | ' |
Debt Instrument, Repurchase Amount | ' | 7,000,000 | ' | ' | ' | ' | ' | ' | ' | 34,000,000 | 40,000,000 | ' | ' |
Repayments of Debt | ' | ' | ' | ' | ' | ' | ' | ' | 6,000,000 | ' | ' | ' | ' |
Debt Instrument, Interest Rate, Stated Percentage | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 4.27% |
Derivative, Cap Price (in Dollars per Item) | ' | ' | ' | ' | ' | 0.0515 | ' | ' | ' | ' | ' | ' | ' |
Securities Sold under Agreements to Repurchase | $76,681,000 | ' | ' | $76,681,000 | ' | $89,428,000 | ' | ' | ' | ' | ' | ' | ' |
Note_8_Borrowed_Funds_Details_
Note 8 - Borrowed Funds (Details) - Short Term Borrowings (USD $) | Sep. 30, 2013 | Dec. 31, 2012 |
In Thousands, unless otherwise specified | ||
Short-term Debt [Line Items] | ' | ' |
Short-term Borrowings | $4,833 | $5,567 |
Federal Home Loan Bank - Pittsburgh Borrowings [Member] | ' | ' |
Short-term Debt [Line Items] | ' | ' |
Short-term Borrowings | 0 | 0 |
Customer Repurchase Agreements [Member] | ' | ' |
Short-term Debt [Line Items] | ' | ' |
Short-term Borrowings | $4,833 | $5,567 |
Note_8_Borrowed_Funds_Details_1
Note 8 - Borrowed Funds (Details) - Long Term Debt (USD $) | Sep. 30, 2013 | Dec. 31, 2012 |
In Thousands, unless otherwise specified | ||
Debt Instrument [Line Items] | ' | ' |
Long-term Debt | $73,405 | $83,812 |
Federal Home Loan Bank - Pittsburgh Borrowings [Member] | ' | ' |
Debt Instrument [Line Items] | ' | ' |
Long-term Debt | 12,405 | 15,812 |
Repurchase Agreements [Member] | ' | ' |
Debt Instrument [Line Items] | ' | ' |
Long-term Debt | $61,000 | $68,000 |
Note_8_Borrowed_Funds_Details_2
Note 8 - Borrowed Funds (Details) - Long Term Debt Maturities (USD $) | Sep. 30, 2013 | Dec. 31, 2012 |
In Thousands, unless otherwise specified | ||
Note 8 - Borrowed Funds (Details) - Long Term Debt Maturities [Line Items] | ' | ' |
Long-term Debt | $73,405 | $83,812 |
FHLB-Pittsburgh [Member] | Federal Home Loan Bank Borrowings Loan Maturing In2013 With Rates Ranging From286 To362 [Member] | ' | ' |
Note 8 - Borrowed Funds (Details) - Long Term Debt Maturities [Line Items] | ' | ' |
Long-term Federal Home Loan Bank Borrowings | 0 | 3,211 |
FHLB-Pittsburgh [Member] | Federal Home Loan Bank Borrowings Loan Maturing In2016 With Rate Of686 [Member] | ' | ' |
Note 8 - Borrowed Funds (Details) - Long Term Debt Maturities [Line Items] | ' | ' |
Long-term Federal Home Loan Bank Borrowings | 164 | 196 |
FHLB-Pittsburgh [Member] | Federal Home Loan Bank Borrowings Loan Maturing In2017 With Rate Of683 [Member] | ' | ' |
Note 8 - Borrowed Funds (Details) - Long Term Debt Maturities [Line Items] | ' | ' |
Long-term Federal Home Loan Bank Borrowings | 23 | 27 |
FHLB-Pittsburgh [Member] | Federal Home Loan Bank Borrowings Loan Maturing In2017 With Rate Of381 [Member] | ' | ' |
Note 8 - Borrowed Funds (Details) - Long Term Debt Maturities [Line Items] | ' | ' |
Long-term Federal Home Loan Bank Borrowings | 10,000 | 10,000 |
FHLB-Pittsburgh [Member] | Federal Home Loan Bank Borrowings Loan Maturing In2020 With Rate Of479 [Member] | ' | ' |
Note 8 - Borrowed Funds (Details) - Long Term Debt Maturities [Line Items] | ' | ' |
Long-term Federal Home Loan Bank Borrowings | 1,184 | 1,297 |
FHLB-Pittsburgh [Member] | Federal Home Loan Bank Borrowings Loan Maturing In2025 With Rate Of491 [Member] | ' | ' |
Note 8 - Borrowed Funds (Details) - Long Term Debt Maturities [Line Items] | ' | ' |
Long-term Federal Home Loan Bank Borrowings | 1,034 | 1,081 |
FHLB-Pittsburgh [Member] | ' | ' |
Note 8 - Borrowed Funds (Details) - Long Term Debt Maturities [Line Items] | ' | ' |
Long-term Federal Home Loan Bank Borrowings | 12,405 | 15,812 |
Repurchase Agreement Maturing in 2017 with a Rate of 3.595% [Member] | ' | ' |
Note 8 - Borrowed Funds (Details) - Long Term Debt Maturities [Line Items] | ' | ' |
Long-term Debt | 27,000 | 34,000 |
Repurchase Agreement Maturing in 2017 with a Rate of 4.265% [Member] | ' | ' |
Note 8 - Borrowed Funds (Details) - Long Term Debt Maturities [Line Items] | ' | ' |
Long-term Debt | 34,000 | 34,000 |
Repurchase Agreements [Member] | ' | ' |
Note 8 - Borrowed Funds (Details) - Long Term Debt Maturities [Line Items] | ' | ' |
Long-term Debt | $61,000 | $68,000 |
Note_8_Borrowed_Funds_Details_3
Note 8 - Borrowed Funds (Details) - Long Term Debt Maturities (Parentheticals) | Sep. 30, 2013 | Dec. 31, 2012 |
FHLB-Pittsburgh [Member] | Federal Home Loan Bank Borrowings Loan Maturing In2016 With Rate Of686 [Member] | ' | ' |
Note 8 - Borrowed Funds (Details) - Long Term Debt Maturities (Parentheticals) [Line Items] | ' | ' |
Long-term Borrowings, Interest Rate | 6.86% | 6.86% |
FHLB-Pittsburgh [Member] | Federal Home Loan Bank Borrowings Loan Maturing In2017 With Rate Of683 [Member] | ' | ' |
Note 8 - Borrowed Funds (Details) - Long Term Debt Maturities (Parentheticals) [Line Items] | ' | ' |
Long-term Borrowings, Interest Rate | 6.83% | 6.83% |
FHLB-Pittsburgh [Member] | Federal Home Loan Bank Borrowings Loan Maturing In2017 With Rate Of381 [Member] | ' | ' |
Note 8 - Borrowed Funds (Details) - Long Term Debt Maturities (Parentheticals) [Line Items] | ' | ' |
Long-term Borrowings, Interest Rate | 3.81% | 3.81% |
FHLB-Pittsburgh [Member] | Federal Home Loan Bank Borrowings Loan Maturing In2020 With Rate Of479 [Member] | ' | ' |
Note 8 - Borrowed Funds (Details) - Long Term Debt Maturities (Parentheticals) [Line Items] | ' | ' |
Long-term Borrowings, Interest Rate | 4.79% | 4.79% |
FHLB-Pittsburgh [Member] | Federal Home Loan Bank Borrowings Loan Maturing In2025 With Rate Of491 [Member] | ' | ' |
Note 8 - Borrowed Funds (Details) - Long Term Debt Maturities (Parentheticals) [Line Items] | ' | ' |
Long-term Borrowings, Interest Rate | 4.91% | 4.91% |
FHLB-Pittsburgh [Member] | Minimum [Member] | Federal Home Loan Bank Borrowings Loan Maturing In2013 With Rates Ranging From286 To362 [Member] | ' | ' |
Note 8 - Borrowed Funds (Details) - Long Term Debt Maturities (Parentheticals) [Line Items] | ' | ' |
Long-term Borrowings, Interest Rate | 2.86% | 2.86% |
FHLB-Pittsburgh [Member] | Maximum [Member] | Federal Home Loan Bank Borrowings Loan Maturing In2013 With Rates Ranging From286 To362 [Member] | ' | ' |
Note 8 - Borrowed Funds (Details) - Long Term Debt Maturities (Parentheticals) [Line Items] | ' | ' |
Long-term Borrowings, Interest Rate | 3.62% | 3.62% |
Repurchase Agreement Maturing in 2017 with a Rate of 3.595% [Member] | ' | ' |
Note 8 - Borrowed Funds (Details) - Long Term Debt Maturities (Parentheticals) [Line Items] | ' | ' |
Long-term Borrowings, Interest Rate | 3.60% | 3.60% |
Repurchase Agreement Maturing in 2017 with a Rate of 4.265% [Member] | ' | ' |
Note 8 - Borrowed Funds (Details) - Long Term Debt Maturities (Parentheticals) [Line Items] | ' | ' |
Long-term Borrowings, Interest Rate | 4.27% | 4.27% |
Note_9_Defined_Benefit_Plans_D
Note 9 - Defined Benefit Plans (Details) (USD $) | 9 Months Ended | 12 Months Ended |
Sep. 30, 2013 | Dec. 31, 2013 | |
Compensation and Retirement Disclosure [Abstract] | ' | ' |
Defined Benefit Plan, Description of Plan Amendment | 'This plan covers certain employees who were employed by Citizens Trust Company on December 31, 2002, when the plan was amended to discontinue admittance of any future participant and to freeze benefit accruals | ' |
Pension and Other Postretirement Benefit Contributions | $44,000 | $60,000 |
Note_9_Defined_Benefit_Plans_D1
Note 9 - Defined Benefit Plans (Details) - Net Periodic Benefit Costs (USD $) | 3 Months Ended | 9 Months Ended | ||
In Thousands, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 |
Pension Plan, Defined Benefit [Member] | ' | ' | ' | ' |
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ' |
Service cost | $0 | $0 | $0 | $0 |
Interest cost | 17 | 18 | 53 | 54 |
Expected return on plan assets | -23 | -18 | -68 | -54 |
Amortization of transition (asset) obligation | 0 | 0 | 0 | 0 |
Amortization of prior service cost | 0 | 0 | 0 | 0 |
Recognized net actuarial loss | 7 | 6 | 23 | 20 |
Net periodic benefit cost | 1 | 6 | 8 | 20 |
Other Postretirement Benefit Plan, Defined Benefit [Member] | ' | ' | ' | ' |
Defined Benefit Plan Disclosure [Line Items] | ' | ' | ' | ' |
Service cost | 10 | 22 | 31 | 68 |
Interest cost | 13 | 20 | 41 | 61 |
Expected return on plan assets | 0 | 0 | 0 | 0 |
Amortization of transition (asset) obligation | 0 | 9 | 0 | 27 |
Amortization of prior service cost | -7 | 4 | -23 | 11 |
Recognized net actuarial loss | 0 | 0 | 0 | 0 |
Net periodic benefit cost | $16 | $55 | $49 | $167 |
Note_10_StockBased_Compensatio2
Note 10 - Stock-Based Compensation Plans (Details) (USD $) | 1 Months Ended | 12 Months Ended | 12 Months Ended | |||
Jan. 31, 2012 | Dec. 31, 2012 | Sep. 30, 2013 | Jan. 31, 2013 | Sep. 30, 2012 | Dec. 31, 2013 | |
Scenario, Forecast [Member] | ||||||
Note 10 - Stock-Based Compensation Plans (Details) [Line Items] | ' | ' | ' | ' | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized | ' | ' | ' | 64,050 | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award, Number of Additional Shares Authorized | 64,757 | ' | ' | ' | ' | ' |
OptionsExercisePrice (in Dollars) | ' | ' | $19.21 | ' | $18.54 | ' |
Stock or Unit Option Plan Expense (in Dollars) | ' | $247,000 | ' | ' | ' | $262,000 |
Estimated Options Stock Incentive Forfeiture Rate | ' | 0.00% | 33.00% | ' | ' | ' |
Restricted Stock Shares Issued | 42,552 | ' | ' | 37,886 | ' | ' |
Note_10_StockBased_Compensatio3
Note 10 - Stock-Based Compensation Plans (Details) - Fair Value of Each Option Granted and Significant Assumptions (USD $) | 9 Months Ended | |
Sep. 30, 2013 | Sep. 30, 2012 | |
Fair Value of Each Option Granted and Significant Assumptions [Abstract] | ' | ' |
Fair value of each option granted (in Dollars per share) | $5.56 | $5.15 |
Volatility | 41.00% | 41.00% |
Expected option lives (Years) | '8 years | '7 years |
Risk-free interest rate | 1.60% | 1.53% |
Dividend yield | 3.69% | 3.97% |
Note_10_StockBased_Compensatio4
Note 10 - Stock-Based Compensation Plans (Details) - Stock Based Compensation Expense (USD $) | 3 Months Ended | 9 Months Ended | ||
In Thousands, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 |
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items] | ' | ' | ' | ' |
Allocated Share-based Compensation Expense | $113 | $76 | $605 | $487 |
Employee Stock Option [Member] | ' | ' | ' | ' |
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items] | ' | ' | ' | ' |
Allocated Share-based Compensation Expense | 0 | 0 | 262 | 247 |
Restricted Stock [Member] | ' | ' | ' | ' |
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items] | ' | ' | ' | ' |
Allocated Share-based Compensation Expense | $113 | $76 | $343 | $240 |
Note_11_Income_Taxes_Details
Note 11 - Income Taxes (Details) (USD $) | 9 Months Ended |
Sep. 30, 2013 | |
Income Tax Disclosure [Abstract] | ' |
Potential Capital Loss In Deferred Tax Assets (in Dollars) | $171,000 |
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent | 35.00% |
Note_11_Income_Taxes_Details_N
Note 11 - Income Taxes (Details) - Net Deffered Tax Assets (USD $) | Sep. 30, 2013 | Dec. 31, 2012 |
In Thousands, unless otherwise specified | ||
Deferred tax assets: | ' | ' |
Defined benefit plans - ASC 835 | $82 | $305 |
Net realized losses on securities | 171 | 1,254 |
Allowance for loan losses | 2,496 | 2,400 |
Credit for alternative minimum tax paid | 2,540 | 3,609 |
Other deferred tax assets | 2,193 | 2,019 |
Total deferred tax assets | 7,482 | 9,587 |
Deferred tax liabilities: | ' | ' |
Unrealized holding gains on securities | 1,359 | 6,228 |
Bank premises and equipment | 1,373 | 1,337 |
Core deposit intangibles | 35 | 48 |
Other deferred tax liabilities | 208 | 249 |
Total deferred tax liabilities | 2,975 | 7,862 |
Deferred tax asset, net | $4,507 | $1,725 |
Note_11_Income_Taxes_Details_E
Note 11 - Income Taxes (Details) - Effective Tax Rate Table (USD $) | 3 Months Ended | 9 Months Ended | ||
In Thousands, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 |
Effective Tax Rate Table [Abstract] | ' | ' | ' | ' |
Income before income tax provision | $6,268 | $7,508 | $19,203 | $22,983 |
Income tax provision | $1,579 | $2,014 | $4,834 | $6,217 |
Effective tax rate | 25.19% | 26.82% | 25.17% | 27.05% |