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Borrowed Funds (Tables)
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9 Months Ended |
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Sep. 30, 2012
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| Borrowed Funds [Abstract] |
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| Summary of Short Term Borrowings [Table Text Block] |
The following is a summary of short-term borrowings with original maturities of less than one year:
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(Dollars in thousands)
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Nine Months Ended September 30, 2012
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Year Ended December 31, 2011
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Securities sold under agreements to repurchase:
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Outstanding at end of period
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$
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52,367
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$
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36,868
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Weighted average interest rate at end of period
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0.29%
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0.64%
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Maximum amount outstanding as of any month end
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$
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52,367
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$
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51,403
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Average amount outstanding
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$
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37,299
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$
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41,728
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Approximate weighted average rate during the period
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0.40%
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0.56%
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| Summary of Long Term Borrowings [Table Text Block] |
The following is a summary of long-term borrowings with original maturities exceeding one year:
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September 30,
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December 31,
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(In thousands)
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2012
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2011
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FHLB advances, bearing fixed interest at rates ranging from 1.00% to 3.69% at September 30, 2012
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$
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136,020
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$
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160,314
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Junior subordinated debt, bearing variable interest rates ranging from 2.24% to 3.14% at September 30, 2012
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35,929
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35,929
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Junior subordinated debt, bearing fixed interest rate of 9.88% at September 30, 2012
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10,801
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10,801
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Total long-term debt
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$
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182,750
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$
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207,044
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| Contractual Maturities Of All Long Term Borrowings [Table Text Block] |
The contractual maturities of all long-term borrowings are as follows:
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September 30, 2012
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December 31, 2011
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Fixed
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Floating
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Rate
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Rate
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Total
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Total
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Due in 2012
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$
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0
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$
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0
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$
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0
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$
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44,250
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Due in 2013
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0
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0
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0
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0
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Due in 2014
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0
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0
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0
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0
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Due in 2015
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30,000
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5,000
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35,000
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35,000
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Due in 2016
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0
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0
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0
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0
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Due in 2017
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0
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0
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0
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0
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Thereafter
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116,821
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30,929
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147,750
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127,794
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Total long-term debt
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$
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146,821
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$
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35,929
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$
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182,750
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$
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207,044
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