Independent Bank (IBCP) 10-Q 5 Aug 15 2015 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2015	Aug. 04, 2015
Document and Entity Information [Abstract]
Entity Registrant Name	INDEPENDENT BANK CORP /MI/
Entity Central Index Key	39,311
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding		22,630,283
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	Q2
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2015

Condensed Consolidated Statemen

Condensed Consolidated Statements of Financial Condition (unaudited) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Assets
Cash and due from banks	$ 44,272	$ 48,326
Interest bearing deposits	14,045	25,690
Cash and Cash Equivalents	58,317	74,016
Interest bearing deposits - time	10,853	13,561
Trading securities	180	203
Securities available for sale	557,695	533,178
Federal Home Loan Bank and Federal Reserve Bank stock, at cost	15,146	19,919
Loans held for sale, carried at fair value	30,518	23,662
Loans
Commercial	711,007	690,955
Mortgage	469,662	472,628
Installment	228,761	206,378
Payment plan receivables	40,577	40,001
Total Loans	1,450,007	1,409,962
Allowance for loan losses	(24,586)	(25,990)
Net Loans	1,425,421	1,383,972
Other real estate and repossessed assets	4,471	6,454
Property and equipment, net	44,172	45,948
Bank-owned life insurance	54,300	53,625
Deferred tax assets, net	44,157	48,632
Capitalized mortgage loan servicing rights	12,535	12,106
Vehicle service contract counterparty receivables, net	7,273	7,237
Other intangibles	2,453	2,627
Accrued income and other assets	21,463	23,590
Total Assets	2,288,954	2,248,730
Deposits
Non-interest bearing	617,126	576,882
Savings and interest-bearing checking	965,330	943,734
Reciprocal	49,015	53,668
Retail time	328,646	338,720
Brokered time	1,300	11,298
Total Deposits	1,961,417	1,924,302
Other borrowings	12,325	12,470
Subordinated debentures	35,569	35,569
Vehicle service contract counterparty payables	2,305	1,977
Accrued expenses and other liabilities	22,963	24,041
Total Liabilities	2,034,579	1,998,359
Shareholders' Equity
Preferred stock, no par value, 200,000 shares authorized; none issued or outstanding	0	0
Common stock, no par value, 500,000,000 shares authorized; issued and outstanding: 22,769,416 shares at June 30, 2015 and 22,957,323 shares at December 31, 2014	349,580	352,462
Accumulated deficit	(89,815)	(96,455)
Accumulated other comprehensive loss	(5,390)	(5,636)
Total Shareholders' Equity	254,375	250,371
Total Liabilities and Shareholders' Equity	$ 2,288,954	$ 2,248,730

Condensed Consolidated Stateme3

Condensed Consolidated Statements of Financial Condition (unaudited) (Parenthetical) - $ / shares	Jun. 30, 2015	Dec. 31, 2014
Shareholders' Equity
Convertible preferred stock, par value (in dollars per share)	$ 0	$ 0
Convertible preferred stock, shares authorized (in shares)	200,000	200,000
Convertible preferred stock, shares issued (in shares)	0	0
Convertible preferred stock, shares outstanding (in shares)	0	0
Common stock, par value (in dollars per share)	$ 0	$ 0
Common stock, shares authorized (in shares)	500,000,000	500,000,000
Common stock, shares issued (in shares)	22,769,416	22,957,323
Common stock, shares outstanding (in shares)	22,769,416	22,957,323

Condensed Consolidated Stateme4

Condensed Consolidated Statements of Operations (unaudited) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Interest Income
Interest and fees on loans		$ 17,751	$ 18,146	$ 34,990	$ 36,361
Interest on securities
Taxable		1,869	1,596	3,627	2,979
Tax-exempt		222	287	439	549
Other investments		289	328	627	751
Total Interest Income		20,131	20,357	39,683	40,640
Interest Expense
Deposits		967	1,260	1,974	2,553
Other borrowings		463	559	917	1,071
Total Interest Expense		1,430	1,819	2,891	3,624
Net Interest Income		18,701	18,538	36,792	37,016
Provision for loan losses		(134)	(1,845)	(793)	(1,417)
Net Interest Income After Provision for Loan Losses		18,835	20,383	37,585	38,433
Non-interest Income
Service charges on deposit accounts		3,117	3,532	5,967	6,587
Interchange income		2,240	2,067	4,382	4,008
Net gains (losses) on assets
Mortgage loans		1,784	1,505	3,923	2,649
Securities		(33)	54	52	166
Mortgage loan servicing		1,452	193	1,032	457
Title insurance fees		337	217	593	491
Other		2,090	2,508	4,000	4,673
Total Non-interest Income		10,987	10,076	19,949	19,031
Non-Interest Expense
Compensation and employee benefits		11,791	11,818	23,576	23,056
Occupancy, net		2,040	2,153	4,459	4,636
Data processing		2,027	1,777	3,957	3,863
Loan and collection		967	1,427	2,122	2,892
Furniture, fixtures and equipment		965	1,053	1,917	2,122
Communications		694	711	1,430	1,500
Advertising		448	601	932	1,120
Legal and professional		453	420	833	821
FDIC deposit insurance		351	422	694	839
Interchange expense		289	342	580	744
Credit card and bank service fees		203	245	405	508
Vehicle service contract counterparty contingencies		30	73	59	141
Costs related to unfunded lending commitments		4	5	20	15
Provision for loss reimbursement on sold loans		45	15	(24)	(466)
Net gains on other real estate and repossessed assets		(139)	(38)	(178)	(125)
Other		1,411	1,536	2,948	3,294
Total Non-interest Expense		21,579	22,560	43,730	44,960
Income Before Income Tax		8,243	7,899	13,804	12,504
Income tax expense		2,624	1,847	4,404	3,314
Net Income		$ 5,619	$ 6,052	$ 9,400	$ 9,190
Net Income Per Common Share
Basic (in dollars per share)	[1]	$ 0.25	$ 0.26	$ 0.41	$ 0.40
Diluted (in dollars per share)		0.24	0.26	0.40	0.39
Dividends Per Common Share
Declared (in dollars per share)		0.06	0.06	0.12	0.06
Paid (in dollars per share)		$ 0.06	$ 0.06	$ 0.12	$ 0.06
[1]	Basic net income per common share includes weighted average common shares outstanding during the period and participating share awards.

Condensed Consolidated Stateme5

Condensed Consolidated Statements of Comprehensive Income (unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Condensed Consolidated Statements of Comprehensive Income (unaudited) [Abstract]
Net income	$ 5,619	$ 6,052	$ 9,400	$ 9,190
Available for sale securities
Unrealized gains (losses) arising during period	(1,806)	1,759	464	4,009
Change in unrealized gains (losses) for which a portion of other than temporary impairment has been recognized in earnings	(21)	219	(10)	338
Reclassification adjustments for gains included in earnings	0	(2)	(75)	(2)
Unrealized gains (losses) recognized in other comprehensive income on available for sale securities	(1,827)	1,976	379	4,345
Income tax expense (benefit)	(639)	691	133	1,521
Unrealized gains (losses) recognized in other comprehensive income on available for sale securities, net of tax	(1,188)	1,285	246	2,824
Derivative instruments
Reclassification adjustment for accretion on settled derivatives	0	95	0	190
Unrealized gains recognized in other comprehensive income on derivative instruments	0	95	0	190
Income tax expense	0	34	0	67
Unrealized gains recognized in other comprehensive income on derivative instruments, net of tax	0	61	0	123
Other comprehensive income (loss)	(1,188)	1,346	246	2,947
Comprehensive income	$ 4,431	$ 7,398	$ 9,646	$ 12,137

Condensed Consolidated Stateme6

Condensed Consolidated Statements of Cash Flows (unaudited) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Condensed Consolidated Statements of Cash Flows (unaudited) [Abstract]
Net income	$ 9,400	$ 9,190
Adjustments to Reconcile Net Income to Net Cash From Operating Activities
Proceeds from sales of loans held for sale	154,938	96,384
Disbursements for loans held for sale	(157,871)	(96,544)
Provision for loan losses	(793)	(1,417)
Deferred federal income tax expense	4,475	4,874
Deferred loan fees	(930)	(526)
Depreciation, amortization of intangible assets and premiums and accretion of discounts on securities and loans	2,228	1,019
Net gains on mortgage loans	(3,923)	(2,649)
Net gains on securities	(52)	(166)
Net gains on other real estate and repossessed assets	(178)	(125)
Vehicle service contract counterparty contingencies	59	141
Share based compensation	772	581
Decrease in accrued income and other assets	551	511
Decrease in accrued expenses and other liabilities	(894)	(3,115)
Total Adjustments	(1,618)	(1,032)
Net Cash From Operating Activities	7,782	8,158
Cash Flow Used in Investing Activities
Proceeds from the sale of securities available for sale	11,786	5,126
Proceeds from the maturity of securities available for sale	16,047	39,579
Principal payments received on securities available for sale	58,587	38,891
Purchases of securities available for sale	(111,908)	(136,127)
Purchases of interest bearing deposits	(245)	0
Proceeds from the maturity of interest bearing deposits	2,915	2,593
Purchase of Federal Reserve Bank stock	(132)	0
Redemption of Federal Reserve Bank Stock	391	5
Redemption of Federal Home Loan Bank stock	4,514	0
Net increase in portfolio loans (loans originated, net of principal payments)	(39,442)	(3,712)
Proceeds from the collection of vehicle service contract counterparty receivables	15	327
Proceeds from the sale of other real estate and repossessed assets	4,515	2,870
Proceeds from the sale of property and equipment	490	0
Capital expenditures	(1,898)	(1,606)
Net Cash Used in Investing Activities	(54,365)	(52,054)
Cash Flow From Financing Activities
Net increase in total deposits	37,115	23,265
Net increase (decrease) in other borrowings	(1)	13,799
Payments of Federal Home Loan Bank advances	(144)	(4,373)
Net increase (decrease) in vehicle service contract counterparty payables	328	(1,001)
Dividends paid	(2,760)	(1,375)
Proceeds from issuance of common stock	80	37
Repurchase of common stock	(3,668)	0
Share based compensation withholding obligation	(66)	0
Net Cash From Financing Activities	30,884	30,352
Net Decrease in Cash and Cash Equivalents	(15,699)	(13,544)
Cash and Cash Equivalents at Beginning of Period	74,016	119,081
Cash and Cash Equivalents at End of Period	58,317	105,537
Cash paid during the period for
Interest	2,878	3,659
Income taxes	91	5
Transfers to other real estate and repossessed assets	2,354	2,584
Transfer of payment plan receivables to vehicle service contract counterparty receivables	$ 110	$ 297

Condensed Consolidated Stateme7

Condensed Consolidated Statements of Shareholders' Equity (unaudited) $ in Thousands	USD ($)
Balance at beginning of period at Dec. 31, 2013	$ 231,581
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	9,190
Cash dividends declared	(1,375)
Issuance of common stock	37
Share based compensation	581
Share based compensation withholding obligation	0
Repurchase of common stock	0
Net change in accumulated other comprehensive loss, net of related tax effect	2,947
Balance at end of period at Jun. 30, 2014	242,961
Balance at beginning of period at Dec. 31, 2014	250,371
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	9,400
Cash dividends declared	(2,760)
Issuance of common stock	80
Share based compensation	772
Share based compensation withholding obligation	(66)
Repurchase of common stock	(3,668)
Net change in accumulated other comprehensive loss, net of related tax effect	246
Balance at end of period at Jun. 30, 2015	$ 254,375

Preparation of Financial Statem

Preparation of Financial Statements	6 Months Ended
	Jun. 30, 2015
Preparation of Financial Statements [Abstract]
Preparation of Financial Statements	1. Preparation of Financial Statements The condensed consolidated financial statements have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission. Certain information and note disclosures normally included in annual financial statements prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) have been condensed or omitted pursuant to those rules and regulations, although we believe that the disclosures made are adequate to make the information not misleading. The unaudited condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements and notes for the year ended December 31, 2014 included in our Annual Report on Form 10-K. In our opinion, the accompanying unaudited condensed consolidated financial statements contain all the adjustments necessary to present fairly our consolidated financial condition as of June 30, 2015 and December 31, 2014, and the results of operations for the three and six-month periods ended June 30, 2015 and 2014. The results of operations for the three and six-month periods ended June 30, 2015, are not necessarily indicative of the results to be expected for the full year. Certain reclassifications have been made in the prior period financial statements to conform to the current period presentation. Our critical accounting policies include the assessment for other than temporary impairment (“OTTI”) on investment securities, the determination of the allowance for loan losses, the determination of vehicle service contract counterparty contingencies, the valuation of originated mortgage loan servicing rights and the valuation of deferred tax assets. Refer to our 2014 Annual Report on Form 10-K for a disclosure of our accounting policies.

New Accounting Standards

New Accounting Standards	6 Months Ended
	Jun. 30, 2015
New Accounting Standards [Abstract]
New Accounting Standards	2. New Accounting Standards In January 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2014-04, “Reclassification of Residential Real Estate Collateralized Consumer Mortgage Loans upon Foreclosure”. The amendments in this ASU clarify that an in substance repossession or foreclosure occurs, and a creditor is considered to have received physical possession of residential real estate property collateralizing a consumer mortgage loan, upon either (1) the creditor obtaining legal title to the residential real estate property upon completion of a foreclosure or (2) the borrower conveying all interest in the residential real estate property to the creditor to satisfy that loan through completion of a deed in lieu of foreclosure or through a similar legal agreement. This amendment is effective for fiscal years, and interim periods within those years, beginning after December 15, 2014, with early adoption and retrospective or prospective application permitted. This amended guidance became effective for us on January 1, 2015, and did not have a material impact on our consolidated operating results or financial condition. In May 2014, the FASB issued ASU 2014-09, “Revenue from Contracts with Customers (Topic 606) ”. In June 2014, the FASB issued ASU 2014-12, “Compensation – Stock Compensation (Topic 718) – Accounting for Share-Based Payments When the Terms of an Award Provide That a Performance Target Could Be Achieved After the Requisite Service Period”. This ASU amends existing guidance related to the accounting for share-based payments when the terms of an award provide that a performance target could be achieved after the requisite service period. These amendments require that a performance target that affects vesting and that could be achieved after the requisite service period be treated as a performance condition. The total amount of compensation cost recognized during and after the requisite service period should reflect the number of awards that are expected to vest and should be adjusted to reflect those awards that ultimately vest. The requisite service period ends when the employee can cease rendering service and still be eligible to vest in the award if the performance target is achieved. This amended guidance is effective for us on January 1, 2016, and is not expected to have a material impact on our consolidated operating results or financial condition.

Securities

Securities	6 Months Ended
	Jun. 30, 2015
Securities [Abstract]
Securities	3. Securities Securities available for sale consist of the following: Amortized Unrealized Cost Gains Losses Fair Value (In thousands) June 30, 2015 U.S. agency $ 36,068 $ 231 $ 28 $ 36,271 U.S. agency residential mortgage-backed 216,466 1,868 354 217,980 U.S. agency commercial mortgage-backed 30,074 113 27 30,160 Private label residential mortgage-backed 5,644 187 371 5,460 Other asset backed 108,314 115 117 108,312 Obligations of states and political subdivisions 135,007 640 1,284 134,363 Corporate 22,582 63 10 22,635 Trust preferred 2,913 - 399 2,514 Total $ 557,068 $ 3,217 $ 2,590 $ 557,695 December 31, 2014 U.S. agency $ 34,936 $ 133 $ 63 $ 35,006 U.S. agency residential mortgage-backed 256,387 1,838 667 257,558 U.S. agency commercial mortgage-backed 33,779 68 119 33,728 Private label residential mortgage-backed 6,216 187 390 6,013 Other asset backed 32,314 77 38 32,353 Obligations of states and political subdivisions 143,698 961 1,244 143,415 Corporate 22,690 53 79 22,664 Trust preferred 2,910 - 469 2,441 Total $ 532,930 $ 3,317 $ 3,069 $ 533,178 Our investments’ gross unrealized losses and fair values aggregated by investment type and length of time that individual securities have been at a continuous unrealized loss position follows: Less Than Twelve Months Twelve Months or More Total Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses (In thousands) June 30, 2015 U.S. agency $ 9,564 $ 25 $ 760 $ 3 $ 10,324 $ 28 U.S. agency residential mortgage-backed 48,277 221 14,933 133 63,210 354 U.S. agency commercial mortgage-backed 10,921 21 1,342 6 12,263 27 Private label residential mortgage-backed 193 1 3,603 370 3,796 371 Other asset backed 35,787 69 5,691 48 41,478 117 Obligations of states and political subdivisions 35,965 355 29,252 929 65,217 1,284 Corporate 4,233 10 - - 4,233 10 Trust preferred - - 2,514 399 2,514 399 Total $ 144,940 $ 702 $ 58,095 $ 1,888 $ 203,035 $ 2,590 December 31, 2014 U.S. agency $ 12,851 $ 58 $ 606 $ 5 $ 13,457 $ 63 U.S. agency residential mortgage-backed 89,547 531 15,793 136 105,340 667 U.S. agency commercial mortgage-backed 21,325 119 - - 21,325 119 Private label residential mortgage-backed 208 1 4,013 389 4,221 390 Other asset backed 2,960 15 8,729 23 11,689 38 Obligations of states and political subdivisions 28,114 106 37,540 1,138 65,654 1,244 Corporate 8,660 79 - - 8,660 79 Trust preferred - - 2,441 469 2,441 469 Total $ 163,665 $ 909 $ 69,122 $ 2,160 $ 232,787 $ 3,069 Our portfolio of available-for-sale securities is reviewed quarterly for impairment in value. In performing this review management considers (1) the length of time and extent that fair value has been less than cost, (2) the financial condition and near term prospects of the issuer, (3) the impact of changes in market interest rates on the market value of the security and (4) an assessment of whether we intend to sell, or it is more likely than not that we will be required to sell, a security in an unrealized loss position before recovery of its amortized cost basis. For securities that do not meet the aforementioned recovery criteria, the amount of impairment recognized in earnings is limited to the amount related to credit losses, while impairment related to other factors is recognized in other comprehensive income or loss. U.S. agency, U.S. agency residential mortgage-backed securities and U.S. agency commercial mortgage backed securities — at June 30, 2015, we had 16 U.S. agency, 74 U.S. agency residential mortgage-backed and eight U.S. agency commercial mortgage-backed securities whose fair market value is less than amortized cost. The unrealized losses are largely attributed to rises in term interest rates since acquisition and widening spreads to Treasury bonds. As management does not intend to liquidate these securities and it is more likely than not that we will not be required to sell these securities prior to recovery of these unrealized losses, no declines are deemed to be other than temporary. Private label residential mortgage backed securities — at June 30, 2015, we had five of this type of security whose fair value is less than amortized cost. Two of the five issues are rated by a major rating agency as investment grade, two are rated below investment grade and one is split rated. Two of these bonds have an impairment in excess of 10% and four of these holdings have been impaired for more than 12 months. The unrealized losses are largely attributable to credit spread widening on these securities since their acquisition. All of these securities are receiving principal and interest payments. Most of these transactions are pass-through structures, receiving pro rata principal and interest payments from a dedicated collateral pool. The nonreceipt of interest cash flows is not expected and thus not presently considered in our discounted cash flow methodology discussed below. All private label residential mortgage-backed securities are reviewed for OTTI utilizing a cash flow projection. The cash flow analysis forecasts cash flow from the underlying loans in each transaction and then applies these cash flows to the bonds in the securitization. Our cash flow analysis forecasts complete recovery of our cost basis for four of the five securities whose fair value is less than amortized cost while the fifth security had credit related OTTI and is discussed in further detail below. As management does not intend to liquidate these securities and it is more likely than not that we will not be required to sell these securities prior to recovery of these unrealized losses, no other declines discussed above are deemed to be other than temporary. Other asset backed — at June 30, 2015, we had 47 other asset backed securities whose fair value is less than amortized cost. The unrealized losses are primarily due to credit spread widening. As management does not intend to liquidate these securities and it is more likely than not that we will not be required to sell these securities prior to recovery of these unrealized losses, no declines are deemed to be other than temporary. Obligations of states and political subdivisions — at June 30, 2015, we had 90 municipal securities whose fair value is less than amortized cost. The unrealized losses are primarily due to increases in interest rates since acquisition. As management does not intend to liquidate these securities and it is more likely than not that we will not be required to sell these securities prior to recovery of these unrealized losses, no declines are deemed to be other than temporary. Corporate — at June 30, 2015, we had four corporate securities whose fair value is less than amortized cost. The unrealized losses are primarily due to credit spread widening. As management does not intend to liquidate these securities and it is more likely than not that we will not be required to sell these securities prior to recovery of these unrealized losses, no declines are deemed to be other than temporary. Trust preferred securities — at June 30, 2015, we had three trust preferred securities whose fair value is less than amortized cost. All of our trust preferred securities are single issue securities issued by a trust subsidiary of a bank holding company. The pricing of trust preferred securities has suffered from credit spread widening. One of the three securities is rated by two major rating agencies as investment grade, while one (a Bank of America issuance) is rated below investment grade by two major rating agencies and the other one is non-rated. The non-rated issue is a relatively small bank and was never rated. The issuer of this non-rated trust preferred security, which had a total amortized cost of $1.0 million and total fair value of $0.8 million as of June 30, 2015, continues to have satisfactory credit metrics and make interest payments. The following table breaks out our trust preferred securities in further detail as of June 30, 2015 and December 31, 2014: June 30, 2015 December 31, 2014 Fair Value Net Unrealized Loss Fair Value Net Unrealized Loss (In thousands) Trust preferred securities Rated issues $ 1,700 $ (213 ) $ 1,643 $ (267 ) Unrated issues 814 (186 ) 798 (202 ) As management does not intend to liquidate these securities and it is more likely than not that we will not be required to sell these securities prior to recovery of these unrealized losses, no declines are deemed to be other than temporary. We recorded no credit related OTTI charges in earnings on securities available for sale during the three or six month periods ended June 30, 2015 and 2014, respectively. At June 30, 2015, three private label residential mortgage-backed securities had credit related OTTI and are summarized as follows: Senior Security Super Senior Security Senior Support Security Total (In thousands) As of June 30, 2015 Fair value $ 1,835 $ 1,466 $ 96 $ 3,397 Amortized cost 1,889 1,374 - 3,263 Non-credit unrealized loss 54 - - 54 Unrealized gain - 92 96 188 Cumulative credit related OTTI 757 457 380 1,594 Credit related OTTI recognized in our Condensed Consolidated Statements of Operations For the three months ended June 30, 2015 $ - $ - $ - $ - 2014 - - - - For the six months ended June 30, 2015 - - - - 2014 - - - - Each of these securities is receiving principal and interest payments similar to principal reductions in the underlying collateral. Two of these securities have unrealized gains and one has an unrealized loss at June 30, 2015. Prior to the second quarter of 2013, all three of these securities had an unrealized loss. The original amortized cost for each of these securities has been permanently adjusted downward for previously recorded credit related OTTI. The unrealized loss (based on original amortized cost) for two of these securities is now less than previously recorded credit related OTTI amounts. The remaining non-credit related unrealized loss in the senior security is attributed to other factors and is reflected in other comprehensive income during those same periods. A roll forward of credit losses recognized in earnings on securities available for sale for the three and six month periods ending June 30, follows: Three months ended June 30, Six months ended June 30, 2015 2014 2015 2014 (In thousands) Balance at beginning of period $ 1,844 $ 1,835 $ 1,844 $ 1,835 Additions to credit losses on securities for which no previous OTTI was recognized - - - - Increases to credit losses on securities for which OTTI was previously recognized - - - - Balance at end of period $ 1,844 $ 1,835 $ 1,844 $ 1,835 The amortized cost and fair value of securities available for sale at June 30, 2015, by contractual maturity, follow: Amortized Cost Fair Value (In thousands) Maturing within one year $ 24,875 $ 24,904 Maturing after one year but within five years 59,355 59,631 Maturing after five years but within ten years 34,747 34,991 Maturing after ten years 77,593 76,257 196,570 195,783 U.S. agency residential mortgage-backed 216,466 217,980 U.S. agency commercial mortgage-backed 30,074 30,160 Private label residential mortgage-backed 5,644 5,460 Other asset backed 108,314 108,312 Total $ 557,068 $ 557,695 The actual maturity may differ from the contractual maturity because issuers may have the right to call or prepay obligations with or without call or prepayment penalties. Gains and losses realized on the sale of securities available for sale are determined using the specific identification method and are recognized on a trade-date basis. A summary of proceeds from the sale of securities available for sale and gains and losses for the six month periods ending June 30, follows: Proceeds Realized Gains (1) Losses (In thousands) 2015 $ 11,786 $ 75 $ - 2014 5,126 2 - (1) Gains in 2014 exclude $0.053 million of unrealized gain related to a U.S. Treasury short position. During 2015 and 2014, our trading securities consisted of various preferred stocks. During the first six months of 2015 and 2014, we recognized gains (losses) on trading securities of $(0.023) million and $0.111 million, respectively, that are included in net gains on securities in the . Both of these amounts relate to gains (losses) recognized on trading securities still held at each respective period end.

Loans

Loans	6 Months Ended
	Jun. 30, 2015
Loans [Abstract]
Loans	4. Loans Our assessment of the allowance for loan losses is based on an evaluation of the loan portfolio, recent loss experience, current economic conditions and other pertinent factors. An analysis of the allowance for loan losses by portfolio segment for the three months ended June 30, follows: Commercial Mortgage Installment Payment Plan Receivables Unallocated Total (In thousands) 2015 Balance at beginning of period $ 5,916 $ 12,081 $ 1,564 $ 62 $ 5,056 $ 24,679 Additions (deductions) Provision for loan losses 177 (101 ) (45 ) 3 (168 ) (134 ) Recoveries credited to allowance 652 319 284 - - 1,255 Loans charged against the allowance (38 ) (834 ) (342 ) - - (1,214 ) Balance at end of period $ 6,707 $ 11,465 $ 1,461 $ 65 $ 4,888 $ 24,586 2014 Balance at beginning of period $ 5,763 $ 17,000 $ 2,061 $ 87 $ 5,526 $ 30,437 Additions (deductions) Provision for loan losses (1,070 ) (579 ) (76 ) (6 ) (114 ) (1,845 ) Recoveries credited to allowance 2,138 400 352 1 - 2,891 Loans charged against the allowance (1,656 ) (1,279 ) (349 ) (2 ) - (3,286 ) Balance at end of period $ 5,175 $ 15,542 $ 1,988 $ 80 $ 5,412 $ 28,197 An analysis of the allowance for loan losses by portfolio segment for the six months ended June 30, follows: Commercial Mortgage Installment Payment Plan Receivables Unallocated Total (In thousands) 2015 Balance at beginning of period $ 5,445 $ 13,444 $ 1,814 $ 64 $ 5,223 $ 25,990 Additions (deductions) Provision for loan losses 505 (834 ) (130 ) 1 (335 ) (793 ) Recoveries credited to allowance 1,085 557 603 - - 2,245 Loans charged against the allowance (328 ) (1,702 ) (826 ) - - (2,856 ) Balance at end of period $ 6,707 $ 11,465 $ 1,461 $ 65 $ 4,888 $ 24,586 2014 Balance at beginning of period $ 6,827 $ 17,195 $ 2,246 $ 97 $ 5,960 $ 32,325 Additions (deductions) Provision for loan losses (563 ) (386 ) 100 (20 ) (548 ) (1,417 ) Recoveries credited to allowance 2,493 858 603 5 - 3,959 Loans charged against the allowance (3,582 ) (2,125 ) (961 ) (2 ) - (6,670 ) Balance at end of period $ 5,175 $ 15,542 $ 1,988 $ 80 $ 5,412 $ 28,197 Allowance for loan losses and recorded investment in loans by portfolio segment follows: Commercial Mortgage Installment Payment Plan Receivables Unallocated Total (In thousands) June 30, 2015 Allowance for loan losses Individually evaluated for impairment $ 3,531 $ 8,420 $ 584 $ - $ - $ 12,535 Collectively evaluated for impairment 3,176 3,045 877 65 4,888 12,051 Total ending allowance balance $ 6,707 $ 11,465 $ 1,461 $ 65 $ 4,888 $ 24,586 Loans Individually evaluated for impairment $ 31,802 $ 69,097 $ 6,248 $ - $ 107,147 Collectively evaluated for impairment 680,758 402,719 223,191 40,577 1,347,245 Total loans recorded investment 712,560 471,816 229,439 40,577 1,454,392 Accrued interest included in recorded investment 1,553 2,154 678 - 4,385 Total loans $ 711,007 $ 469,662 $ 228,761 $ 40,577 $ 1,450,007 December 31, 2014 Allowance for loan losses Individually evaluated for impairment $ 3,194 $ 9,311 $ 728 $ - $ - $ 13,233 Collectively evaluated for impairment 2,251 4,133 1,086 64 5,223 12,757 Total ending allowance balance $ 5,445 $ 13,444 $ 1,814 $ 64 $ 5,223 $ 25,990 Loans Individually evaluated for impairment $ 34,147 $ 72,340 $ 6,679 $ - $ 113,166 Collectively evaluated for impairment 658,423 402,458 200,368 40,001 1,301,250 Total loans recorded investment 692,570 474,798 207,047 40,001 1,414,416 Accrued interest included in recorded investment 1,615 2,170 669 - 4,454 Total loans $ 690,955 $ 472,628 $ 206,378 $ 40,001 $ 1,409,962 Loans on non-accrual status and past due more than 90 days (“Non-performing Loans”) follow: 90+ and Still Accruing Non- Accrual Total Non- Performing (In thousands) June 30, 2015 Commercial Income producing - real estate $ - $ 1,151 $ 1,151 Land, land development and construction - real estate - 552 552 Commercial and industrial 64 2,467 2,531 Mortgage 1-4 family - 5,200 5,200 Resort lending - 1,268 1,268 Home equity - 1st lien - 257 257 Home equity - 2nd lien - 187 187 Installment Home equity - 1st lien - 210 210 Home equity - 2nd lien - 475 475 Loans not secured by real estate - 486 486 Other - 3 3 Payment plan receivables Full refund - 8 8 Partial refund - 8 8 Other - 2 2 Total recorded investment $ 64 $ 12,274 $ 12,338 Accrued interest included in recorded investment $ 1 $ - $ 1 December 31, 2014 Commercial Income producing - real estate $ - $ 1,233 $ 1,233 Land, land development and construction - real estate - 594 594 Commercial and industrial - 2,746 2,746 Mortgage 1-4 family 7 5,945 5,952 Resort lending - 2,168 2,168 Home equity - 1st lien - 331 331 Home equity - 2nd lien - 605 605 Installment Home equity - 1st lien - 576 576 Home equity - 2nd lien - 517 517 Loans not secured by real estate - 454 454 Other - 48 48 Payment plan receivables Full refund - 2 2 Partial refund - 12 12 Other - - - Total recorded investment $ 7 $ 15,231 $ 15,238 Accrued interest included in recorded investment $ - $ - $ - An aging analysis of loans by class follows: Loans Past Due Loans not Total 30-59 days 60-89 days 90+ days Total Past Due Loans (In thousands) June 30, 2015 Commercial Income producing - real estate $ 112 $ 26 $ 720 $ 858 $ 258,349 $ 259,207 Land, land development and construction - real estate 11 - 210 221 35,763 35,984 Commercial and industrial 787 - 114 901 416,468 417,369 Mortgage 1-4 family 1,180 865 5,200 7,245 274,036 281,281 Resort lending 298 - 1,268 1,566 118,719 120,285 Home equity - 1st lien 29 35 257 321 22,322 22,643 Home equity - 2nd lien 239 180 187 606 47,001 47,607 Installment Home equity - 1st lien 416 187 210 813 18,887 19,700 Home equity - 2nd lien 228 38 475 741 24,244 24,985 Loans not secured by real estate 248 73 486 807 181,746 182,553 Other 3 2 3 8 2,193 2,201 Payment plan receivables Full refund 545 157 8 710 23,810 24,520 Partial refund 585 89 8 682 9,778 10,460 Other 82 21 2 105 5,492 5,597 Total recorded investment $ 4,763 $ 1,673 $ 9,148 $ 15,584 $ 1,438,808 $ 1,454,392 Accrued interest included in recorded investment $ 32 $ 22 $ 1 $ 55 $ 4,330 $ 4,385 December 31, 2014 Commercial Income producing - real estate $ 89 $ - $ 214 $ 303 $ 252,763 $ 253,066 Land, land development and construction - real estate 131 - 223 354 33,984 34,338 Commercial and industrial 2,391 279 209 2,879 402,287 405,166 Mortgage 1-4 family 1,877 1,638 5,952 9,467 269,719 279,186 Resort lending 226 - 2,168 2,394 126,342 128,736 Home equity - 1st lien 39 50 331 420 19,782 20,202 Home equity - 2nd lien 711 89 605 1,405 45,269 46,674 Installment Home equity - 1st lien 466 37 576 1,079 20,995 22,074 Home equity - 2nd lien 369 81 517 967 28,125 29,092 Loans not secured by real estate 589 231 454 1,274 152,115 153,389 Other 15 3 48 66 2,426 2,492 Payment plan receivables Full refund 838 214 2 1,054 26,799 27,853 Partial refund 409 123 12 544 6,550 7,094 Other 96 24 - 120 4,934 5,054 Total recorded investment $ 8,246 $ 2,769 $ 11,311 $ 22,326 $ 1,392,090 $ 1,414,416 Accrued interest included in recorded investment $ 55 $ 29 $ - $ 84 $ 4,370 $ 4,454 Impaired loans are as follows: June 30, December 31, Impaired loans with no allocated allowance (In thousands) TDR $ 9,074 $ 9,325 Non - TDR 283 299 Impaired loans with an allocated allowance TDR - allowance based on collateral 4,439 5,879 TDR - allowance based on present value cash flow 90,814 94,970 Non - TDR - allowance based on collateral 2,190 2,296 Non - TDR - allowance based on present value cash flow - - Total impaired loans $ 106,800 $ 112,769 Amount of allowance for loan losses allocated TDR - allowance based on collateral $ 1,655 $ 2,025 TDR - allowance based on present value cash flow 9,430 10,188 Non - TDR - allowance based on collateral 1,450 1,020 Non - TDR - allowance based on present value cash flow - - Total amount of allowance for loan losses allocated $ 12,535 $ 13,233 Impaired loans by class are as follows (1): June 30, 2015 December 31, 2014 Recorded Investment Unpaid Principal Balance Related Allowance Recorded Investment Unpaid Principal Balance Related Allowance With no related allowance recorded: (In thousands) Commercial Income producing - real estate $ 5,488 $ 5,717 $ - $ 5,868 $ 6,077 $ - Land, land development & construction-real estate 1,012 1,579 - 1,051 1,606 - Commercial and industrial 2,859 2,839 - 2,685 2,667 - Mortgage 1-4 family 25 169 - - 49 - Resort lending - - - 48 397 - Home equity - 1st lien - - - - - - Home equity - 2nd lien - - - - - - Installment Home equity - 1st lien - 37 - - 40 - Home equity - 2nd lien - - - - - - Loans not secured by real estate - - - - - - Other - - - - - - 9,384 10,341 - 9,652 10,836 - With an allowance recorded: Commercial Income producing - real estate 12,895 13,881 767 12,836 13,797 689 Land, land development & construction-real estate 1,925 2,013 374 3,456 3,528 499 Commercial and industrial 7,623 7,870 2,390 8,251 8,486 2,006 Mortgage 1-4 family 50,166 52,274 5,562 53,206 56,063 6,195 Resort lending 18,499 18,761 2,830 18,799 18,963 3,075 Home equity - 1st lien 158 174 11 162 177 14 Home equity - 2nd lien 249 328 17 125 205 27 Installment Home equity - 1st lien 2,514 2,688 156 2,744 2,930 219 Home equity - 2nd lien 3,066 3,079 367 3,212 3,215 419 Loans not secured by real estate 658 767 60 711 835 89 Other 10 10 1 12 12 1 97,763 101,845 12,535 103,514 108,211 13,233 Total Commercial Income producing - real estate 18,383 19,598 767 18,704 19,874 689 Land, land development & construction-real estate 2,937 3,592 374 4,507 5,134 499 Commercial and industrial 10,482 10,709 2,390 10,936 11,153 2,006 Mortgage 1-4 family 50,191 52,443 5,562 53,206 56,112 6,195 Resort lending 18,499 18,761 2,830 18,847 19,360 3,075 Home equity - 1st lien 158 174 11 162 177 14 Home equity - 2nd lien 249 328 17 125 205 27 Installment Home equity - 1st lien 2,514 2,725 156 2,744 2,970 219 Home equity - 2nd lien 3,066 3,079 367 3,212 3,215 419 Loans not secured by real estate 658 767 60 711 835 89 Other 10 10 1 12 12 1 Total $ 107,147 $ 112,186 $ 12,535 $ 113,166 $ 119,047 $ 13,233 Accrued interest included in recorded investment $ 347 $ 397 (1) There were no impaired payment plan receivables at June 30, 2015 or December 31, 2014. Average recorded investment in and interest income earned on impaired loans by class for the three month periods ending June 30, follows (1): 2015 2014 Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized With no related allowance recorded: (In thousands) Commercial Income producing - real estate $ 5,658 $ 50 $ 8,403 $ 86 Land, land development & construction-real estate 1,021 15 821 15 Commercial and industrial 2,855 37 3,352 26 Mortgage 1-4 family 25 2 33 - Resort lending 7 - 35 - Home equity - 1st lien - - - - Home equity - 2nd lien - - - - Installment Home equity - 1st lien - 1 - 1 Home equity - 2nd lien - - - - Loans not secured by real estate - - - - Other - - - - 9,566 105 12,644 128 With an allowance recorded: Commercial Income producing - real estate 12,878 163 12,780 141 Land, land development & construction-real estate 1,943 13 4,418 40 Commercial and industrial 7,863 67 8,615 80 Mortgage 1-4 family 50,931 539 56,778 589 Resort lending 18,482 173 19,485 195 Home equity - 1st lien 160 2 160 2 Home equity - 2nd lien 185 4 40 - Installment Home equity - 1st lien 2,576 44 2,861 44 Home equity - 2nd lien 3,101 49 3,453 48 Loans not secured by real estate 668 9 715 7 Other 11 1 15 1 98,798 1,064 109,320 1,147 Total Commercial Income producing - real estate 18,536 213 21,183 227 Land, land development & construction-real estate 2,964 28 5,239 55 Commercial and industrial 10,718 104 11,967 106 Mortgage 1-4 family 50,956 541 56,811 589 Resort lending 18,489 173 19,520 195 Home equity - 1st lien 160 2 160 2 Home equity - 2nd lien 185 4 40 - Installment Home equity - 1st lien 2,576 45 2,861 45 Home equity - 2nd lien 3,101 49 3,453 48 Loans not secured by real estate 668 9 715 7 Other 11 1 15 1 Total $ 108,364 $ 1,169 $ 121,964 $ 1,275 (1) There were no impaired payment plan receivables during the three month periods ended June 30, 2015 and 2014, respectively. Average recorded investment in and interest income earned on impaired loans by class for the six month periods ending June 30, follows (1): 2015 2014 Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized With no related allowance recorded: (In thousands) Commercial Income producing - real estate $ 5,728 $ 103 $ 7,949 $ 186 Land, land development & construction-real estate 1,031 49 1,276 28 Commercial and industrial 2,798 74 3,605 66 Mortgage 1-4 family 17 2 24 - Resort lending 20 - 35 - Home equity line of credit - 1st lien - - - - Home equity line of credit - 2nd lien - - - - Installment Home equity installment - 1st lien - 1 - 1 Home equity installment - 2nd lien - - - - Loans not secured by real estate - - - - Other - - - - 9,594 229 12,889 281 With an allowance recorded: Commercial Income producing - real estate 12,864 320 13,366 281 Land, land development & construction-real estate 2,447 27 4,067 82 Commercial and industrial 7,992 133 8,871 158 Mortgage 1-4 family 51,689 1,090 57,056 1,219 Resort lending 18,587 344 19,713 386 Home equity line of credit - 1st lien 160 4 158 3 Home equity line of credit - 2nd lien 165 6 41 1 Installment Home equity installment - 1st lien 2,632 94 2,894 89 Home equity installment - 2nd lien 3,138 100 3,419 97 Loans not secured by real estate 682 19 724 17 Other 11 1 15 1 100,367 2,138 110,324 2,334 Total Commercial Income producing - real estate 18,592 423 21,315 467 Land, land development & construction-real estate 3,478 76 5,343 110 Commercial and industrial 10,790 207 12,476 224 Mortgage 1-4 family 51,706 1,092 57,080 1,219 Resort lending 18,607 344 19,748 386 Home equity line of credit - 1st lien 160 4 158 3 Home equity line of credit - 2nd lien 165 6 41 1 Installment Home equity installment - 1st lien 2,632 95 2,894 90 Home equity installment - 2nd lien 3,138 100 3,419 97 Loans not secured by real estate 682 19 724 17 Other 11 1 15 1 Total $ 109,961 $ 2,367 $ 123,213 $ 2,615 (1) There were no impaired payment plan receivables during the six month periods ended June 30, 2015 and 2014, respectively. Our average investment in impaired loans was approximately $108.4 million and $122.0 million for the three-month periods ended June 30, 2015 and 2014, respectively and $110.0 million and $123.2 million for the six-month periods ended June 30, 2015 and 2014, respectively. Cash receipts on impaired loans on non-accrual status are generally applied to the principal balance. Interest income recognized on impaired loans during the three months ending June 30, 2015 and 2014, was approximately $1.2 million and $1.3 million, respectively, and was approximately $2.4 million and $2.6 million during the six months ending June 30, 2015 and 2014, respectively. Troubled debt restructurings follow: June 30, 2015 Commercial Retail Total (In thousands) Performing TDRs $ 27,540 $ 70,576 $ 98,116 Non-performing TDRs(1) 1,698 4,513 (2) 6,211 Total $ 29,238 $ 75,089 $ 104,327 December 31, 2014 Commercial Retail Total (In thousands) Performing TDRs $ 29,475 $ 73,496 $ 102,971 Non-performing TDRs(1) 1,978 5,225 (2) 7,203 Total $ 31,453 $ 78,721 $ 110,174 (1) Included in non-performing loans table above. (2) Also includes loans on non-accrual at the time of modification until six payments are received on a timely basis. We allocated $11.1 million and $12.2 million of specific reserves to customers whose loan terms have been modified in troubled debt restructurings as of June 30, 2015 and December 31, 2014, respectively. During the six months ended June 30, 2015 and 2014, the terms of certain loans were modified as troubled debt restructurings. The modification of the terms of such loans generally included one or a combination of the following: a reduction of the stated interest rate of the loan; an extension of the maturity date at a stated rate of interest lower than the current market rate for new debt with similar risk; or a permanent reduction of the recorded investment in the loan. Modifications involving a reduction of the stated interest rate of the loan have generally been for periods ranging from 9 months to 36 months but have extended to as much as 480 months in certain circumstances. Modifications involving an extension of the maturity date have generally been for periods ranging from 1 month to 60 months but have extended to as much as 230 months in certain circumstances. Loans that have been classified as troubled debt restructurings during the three-month periods ended Number of Contracts Pre-modification Recorded Balance Post-modification Recorded Balance (Dollars in thousands) 2015 Commercial Income producing - real estate 1 $ 73 $ 73 Land, land development & construction-real estate - - - Commercial and industrial 1 17 17 Mortgage 1-4 family 1 25 40 Resort lending 1 313 309 Home equity - 1st lien - - - Home equity - 2nd lien - - - Installment Home equity - 1st lien 1 23 24 Home equity - 2nd lien 3 58 58 Loans not secured by real estate 1 - 6 Other - - - Total 9 $ 509 $ 527 2014 Commercial Income producing - real estate 1 $ 141 $ 122 Land, land development & construction-real estate 1 15 15 Commercial and industrial 2 1,177 1,439 Mortgage 1-4 family 3 226 229 Resort lending 1 339 341 Home equity - 1st lien 1 17 14 Home equity - 2nd lien - - - Installment Home equity - 1st lien 2 314 294 Home equity - 2nd lien 2 73 72 Loans not secured by real estate - - - Other - - - Total 13 $ 2,302 $ 2,526 Loans that have been classified as troubled debt restructurings during the six-month periods ended Number of Contracts Pre-modification Recorded Balance Post-modification Recorded Balance (Dollars in thousands) 2015 Commercial Income producing - real estate 2 $ 229 $ 234 Land, land development & construction-real estate - - - Commercial and industrial 3 253 247 Mortgage 1-4 family 6 1,030 845 Resort lending 1 313 309 Home equity - 1st lien - - - Home equity - 2nd lien - - - Installment Home equity - 1st lien 5 190 164 Home equity - 2nd lien 3 58 58 Loans not secured by real estate 1 - 6 Other - - - Total 21 $ 2,073 $ 1,863 2014 Commercial Income producing - real estate 3 $ 354 $ 332 Land, land development & construction-real estate 1 15 15 Commercial and industrial 6 1,367 1,628 Mortgage 1-4 family 7 950 968 Resort lending 3 633 634 Home equity - 1st lien 1 17 14 Home equity - 2nd lien - - - Installment Home equity - 1st lien 5 420 372 Home equity - 2nd lien 5 294 292 Loans not secured by real estate 2 33 29 Other - - - Total 33 $ 4,083 $ 4,284 The troubled debt restructurings described above for 2015 increased the allowance for loan losses by $0.1 million and resulted in zero charge offs during the three months ended June 30, 2015, and increased the allowance by $0.1 million and resulted in zero charge offs during the six months ended June 30, 2015. The troubled debt restructurings described above for 2014 decreased the allowance for loan losses by $0.1 million and resulted in $0.02 million of charge offs during the three months ended June 30, 2014 and increased the allowance by $0.1 million and resulted in $0.03 million of charge offs during the six months ended June 30, 2014. Loans that have been classified as troubled debt restructurings during the past twelve months and that Number of Contracts Recorded Balance (Dollars in thousands) 2015 Commercial Income producing - real estate - $ - Land, land development & construction-real estate - - Commercial and industrial 1 65 Mortgage 1-4 family - - Resort lending - - Home equity - 1st lien - - Home equity - 2nd lien - - Installment Home equity - 1st lien - - Home equity - 2nd lien - - Loans not secured by real estate 1 4 Other - - 2 $ 69 2014 Commercial Income producing - real estate - $ - Land, land development & construction-real estate - - Commercial and industrial 1 253 Mortgage 1-4 family - - Resort lending - - Home equity - 1st lien - - Home equity - 2nd lien - - Installment Home equity - 1st lien - - Home equity - 2nd lien - - Loans not secured by real estate - - Other - - 1 $ 253 Loans that have been classified as troubled debt restructurings during the past twelve months and that Number of Contracts Recorded Balance (Dollars in thousands) 2015 Commercial Income producing - real estate - $ - Land, land development & construction-real estate - - Commercial and industrial 2 157 Mortgage 1-4 family - - Resort lending - - Home equity - 1st lien - - Home equity - 2nd lien - - Installment Home equity - 1st lien - - Home equity - 2nd lien - - Loans not secured by real estate 1 4 Other - - 3 $ 161 2014 Commercial Income producing - real estate - $ - Land, land development & construction-real estate - - Commercial and industrial 1 253 Mortgage 1-4 family - - Resort lending - - Home equity - 1st lien - - Home equity - 2nd lien - - Installment Home equity - 1st lien - - Home equity - 2nd lien - - Loans not secured by real estate - - Other - - 1 $ 253 A loan is considered to be in payment default generally once it is 90 days contractually past due under the modified terms. The troubled debt restructurings that subsequently defaulted described above for 2015 had no impact on the allowance for loan losses and resulted in zero charge offs during the three months ended June 30, 2015 and decreased the allowance for loan losses by $0.01 million and resulted in zero charge offs during the six months ended June 30, 2015. The troubled debt restructurings that subsequently defaulted described above for 2014 increased the allowance for loan losses by $0.2 million and resulted in zero charge offs during the three months ended June 30, 2014 and increased the allowance for loan losses by $0.2 million and resulted in zero charge offs during the six months ended June 30, 2014. The terms of certain other loans were modified during the six months ended June 30, 2015 and 2014 in a manner that did not meet the definition of a troubled debt restructuring. The modification of these loans could have included modification of the terms of a loan to borrowers who were not experiencing financial difficulties or a delay in a payment that was considered to be insignificant. In order to determine whether a borrower is experiencing financial difficulty, we perform an evaluation of the probability that the borrower will be in payment default on any of its debt in the foreseeable future without the modification. This evaluation is performed under our internal underwriting policy. Credit Quality Indicators For commercial loans, we use a loan rating system that is similar to those employed by state and federal banking regulators. Loans are graded on a scale of 1 to 12. A description of the general characteristics of the ratings follows: Rating 1 through 6 Rating 7 and 8 Rating 9 Rating 10 and 11 Rating 12 The following table summarizes loan ratings by loan class for our commercial loan segment: Commercial Non-watch 1-6 Watch Substandard Accrual 9 Non- Accrual 10-11 Total (In thousands) June 30, 2015 Income producing - real estate $ 244,392 $ 7,606 $ 6,058 $ 1,151 $ 259,207 Land, land development and construction - real estate 31,811 3,370 251 552 35,984 Commercial and industrial 374,628 35,160 5,114 2,467 417,369 Total $ 650,831 $ 46,136 $ 11,423 $ 4,170 $ 712,560 Accrued interest included in total $ 1,377 $ 146 $ 30 $ - $ 1,553 December 31, 2014 Income producing - real estate $ 241,266 $ 8,649 $ 1,918 $ 1,233 $ 253,066 Land, land development and construction - real estate 30,869 2,485 390 594 34,338 Commercial and industrial 372,947 23,475 5,998 2,746 405,166 Total $ 645,082 $ 34,609 $ 8,306 $ 4,573 $ 692,570 Accrued interest included in total $ 1,479 $ 111 $ 25 $ - $ 1,615 For each of our mortgage and installment segment classes we generally monitor credit quality based on the credit scores of the borrowers. These credit scores are generally updated semi-annually. The following tables summarize credit scores by loan class for our mortgage and installment loan segments: Mortgage (1) 1-4 Family Resort Lending Home Equity 1st Lien Home Equity 2nd Lien Total (In thousands) June 30, 2015 800 and above $ 28,612 $ 12,812 $ 4,853 $ 6,646 $ 52,923 750-799 76,395 43,145 6,796 14,533 140,869 700-749 51,900 34,511 3,825 11,073 101,309 650-699 54,494 16,971 3,475 7,826 82,766 600-649 29,328 5,872 1,813 3,784 40,797 550-599 17,245 2,566 648 1,948 22,407 500-549 14,357 1,266 787 1,133 17,543 Under 500 4,351 997 210 406 5,964 Unknown 4,599 2,145 236 258 7,238 Total $ 281,281 $ 120,285 $ 22,643 $ 47,607 $ 471,816 Accrued interest included in total $ 1,349 $ 510 $ 95 $ 200 $ 2,154 December 31, 2014 800 and above $ 27,918 $ 14,484 $ 3,863 $ 6,225 $ 52,490 750-799 72,674 45,950 6,128 14,323 139,075 700-749 52,843 32,660 3,054 9,642 98,199 650-699 51,664 20,250 3,257 8,194 83,365 600-649 27,770 6,538 1,704 3,862 39,874 550-599 21,361 3,639 994 1,721 27,715 500-549 14,575 2,156 699 1,401 18,831 Under 500 6,306 875 261 632 8,074 Unknown 4,075 2,184 242 674 7,175 Total $ 279,186 $ 128,736 $ 20,202 $ 46,674 $ 474,798 Accrued interest included in total $ 1,311 $ 562 $ 88 $ 209 $ 2,170 (1) Credit scores have been updated within the last twelve months. Installment(1) Home Equity 1st Lien Home Equity 2nd Lien Loans not Secured by Real Estate Other Total (In thousands) June 30, 2015 800 and above $ 2,189 $ 2,377 $ 39,189 $ 73 $ 43,828 750-799 4,762 7,711 81,899 557 94,929 700-749 2,816 5,259 34,688 594 43,357 650-699 3,987 4,413 15,871 498 24,769 600-649 2,299 2,452 5,014 263 10,028 550-599 2,002 1,581 2,223 122 5,928 500-549 800 875 1,062 53 2,790 Under 500 780 301 502 12 1,595 Unknown 65 16 2,105 29 2,215 Total $ 19,700 $ 24,985 $ 182,553 $ 2,201 $ 229,439 Accrued interest included in total $ 76 $ 89 $ 496 $ 17 $ 678 December 31, 2014 800 and above $ 2,272 $ 2,835 $ 31,507 $ 60 $ 36,674 750-799 5,677 8,557 66,558 583 81,375 700-749 3,111 6,358 28,179 689 38,337 650-699 3,963 5,477 16,152 615 26,207 600-649 3,434 2,408 5,128 255 11,225 550-599 2,019 1,913 1,896 134 5,962 500-549 1,128 1,036 1,672 84 3,920 Under 500 393 427 455 28 1,303 Unknown 77 81 1,842 44 2,044 Total $ 22,074 $ 29,092 $ 153,389 $ 2,492 $ 207,047 Accrued interest included in total $ 93 $ 112 $ 445 $ 19 $ 669 (1) Credit scores have been updated within the last twelve months. Mepco Finance Corporation (“Mepco”) is a wholly-owned subsidiary of our Bank that operates a vehicle service contract payment plan business throughout the United States. See Note #14 for more information about Mepco’s business. As of June 30, 2015, approximately 60.4% of Mepco’s outstanding payment plan receivables relate to programs in which a third party insurer or risk retention group is obligated to pay Mepco the full refund owing upon cancellation of the related service contract (including with respect to both the portion funded to the service contract seller and the portion funded to the administrator). These receivables are shown as “Full Refund” in the table below. Another approximately 25.8% of Mepco’s outstanding payment plan receivables as of June 30, 2015, relate to programs in which a third party insurer or risk retention group is obligated to pay Mepco the refund owing upon cancellation only with respect to the unearned portion previously funded by Mepco to the administrator (but not to the service contract seller). These receivables are shown as “Partial Refund” in the table below. The balance of Mepco’s outstanding payment plan receivables relate to programs in which there is no insurer or risk retention group that has any contractual liability to Mepco for any portion of the refund amount. These receivables are shown as “Other” in the table below. For each class of our payment plan receivables we monitor financial information on the counterparties as we evaluate the credit quality of this portfolio. The following table summarizes credit ratings of insurer or risk retention group counterparties by class of payment plan receivable: Payment Plan Receivables Full Refund Partial Refund Other Total (In thousands) June 30, 2015 AM Best rating A+ $ - $ 17 $ - $ 17 A 4,850 9,674 - 14,524 A- 2,779 671 5,585 9,035 Not rated 16,891 98 12 17,001 Total $ 24,520 $ 10,460 $ 5,597 $ 40,577 December 31, 2014 AM Best rating A+ $ - $ 43 $ - $ 43 A 10,007 6,190 - 16,197 A- 1,989 685 5,054 7,728 Not rated 15,857 176 - 16,033 Total $ 27,853 $ 7,094 $ 5,054 $ 40,001 Although Mepco has contractual recourse against various counterparties for refunds owing upon cancellation of vehicle service contracts, see Note #14 below regarding certain risks and difficulties associated with collecting these refunds. Foreclosed residential real estate properties included in other real estate and repossessed assets on our Condensed Consolidated Statements of Financial Condition totaled $3.4 million and $2.9 million at June 30, 2015 and December 31, 2014, respectively. Retail mortgage loans secured by residential real estate properties for which formal foreclosure proceedings are in process according to local requirements totaled $2.0 million and $2.5 million at June 30, 2015 and December 31, 2014, respectively.

Segments

Segments	6 Months Ended
	Jun. 30, 2015
Segments [Abstract]
Segments	5. Segments Our reportable segments are based upon legal entities. We currently have two reportable segments: Independent Bank (“IB” or “Bank”) and Mepco. These business segments are also differentiated based on the products and services provided. We evaluate performance based principally on net income (loss) of the respective reportable segments. In the normal course of business, our IB segment provides funding to our Mepco segment through an intercompany line of credit priced at the prime rate of interest as published in the Wall Street Journal. Our IB segment also provides certain administrative services to our Mepco segment which are reimbursed at an agreed upon rate. These intercompany transactions are eliminated upon consolidation. The only other material intersegment balances and transactions are investments in subsidiaries at the parent entities and cash balances on deposit at our IB segment. A summary of selected financial information for our reportable segments follows: IB Mepco Other (1) Elimination (2) Total (In thousands) Total assets June 30, 2015 $ 2,214,504 $ 63,314 $ 289,977 $ (278,841 ) $ 2,288,954 December 31, 2014 2,174,536 63,378 286,158 (275,342 ) 2,248,730 For the three months ended June 30, 2015 Interest income $ 18,701 $ 1,430 $ 20 $ (20 ) $ 20,131 Net interest income 17,717 1,218 (234 ) - 18,701 Provision for loan losses (138 ) 4 - - (134 ) Income (loss) before income tax 8,843 (221 ) (356 ) (23 ) 8,243 Net income (loss) 5,935 (77 ) (225 ) (14 ) 5,619 2014 Interest income $ 18,511 $ 1,846 $ 16 $ (16 ) $ 20,357 Net interest income 17,384 1,480 (326 ) - 18,538 Provision for loan losses (1,838 ) (7 ) - - (1,845 ) Income (loss) before income tax 8,014 305 (397 ) (23 ) 7,899 Net income (loss) 6,115 201 (136 ) (128 ) 6,052 For the six months ended June 30, 2015 Interest income $ 36,922 $ 2,761 $ 40 $ (40 ) $ 39,683 Net interest income 34,900 2,353 (461 ) - 36,792 Provision for loan losses (794 ) 1 - - (793 ) Income (loss) before income tax 15,102 (512 ) (739 ) (47 ) 13,804 Net income (loss) 10,168 (269 ) (469 ) (30 ) 9,400 2014 Interest income $ 36,709 $ 3,931 $ 16 $ (16 ) $ 40,640 Net interest income 34,467 3,162 (613 ) - 37,016 Provision for loan losses (1,395 ) (22 ) - - (1,417 ) Income (loss) before income tax 12,692 661 (802 ) (47 ) 12,504 Net income (loss) 9,297 444 (399 ) (152 ) 9,190 (1) Includes amounts relating to our parent company and certain insignificant operations. (2) Includes parent company's investment in subsidiaries and cash balances maintained at subsidiary.

Shareholders' Equity and Earnin

Shareholders' Equity and Earnings Per Common Share	6 Months Ended
	Jun. 30, 2015
Shareholders' Equity and Earnings Per Common Share [Abstract]
Shareholders' Equity and Earnings Per Common Share	6. Shareholders’ Equity and Earnings Per Common Share On January 21, 2015, our Board of Directors authorized a share repurchase plan (the “Repurchase Plan”) to buy back up to 5% of our outstanding common stock through December 31, 2015. On November 15, 2011, we entered into a Tax Benefits Preservation Plan (the "Preservation Plan") with our stock transfer agent, American Stock Transfer & Trust Company. Our Board of Directors adopted the Preservation Plan in an effort to protect the value to our shareholders of our ability to use deferred tax assets such as net operating loss carry forwards to reduce potential future federal income tax obligations. Under federal tax rules, this value could be lost in the event we experienced an "ownership change," as defined in Section 382 of the Internal Revenue Code. The Preservation Plan attempts to protect this value by reducing the likelihood that we will experience such an ownership change by discouraging any person who is not already a 5% shareholder from becoming a 5% shareholder (with certain limited exceptions). On November 15, 2011, our Board of Directors declared a dividend of one preferred share purchase right (a "Right") for each outstanding share of our common stock under the terms of the Preservation Plan. The dividend is payable to the holders of common stock outstanding as of the close of business on November 15, 2011, or outstanding at any time thereafter but before the earlier of a "Distribution Date" and the date the Preservation Plan terminates. Each Right entitles the registered holder to purchase from us 1/1000 of a share of our Series C Junior Participating Preferred Stock, no par value per share ("Series C Preferred Stock"). Each 1/1000 of a share of Series C Preferred Stock has economic and voting terms similar to those of one whole share of common stock. The Rights are not exercisable and generally do not become exercisable until a person or group has acquired, subject to certain exceptions and conditions, beneficial ownership of 4.99% or more of the outstanding shares of common stock. At that time, each Right will generally entitle its holder to purchase securities of the Company at a discount of 50% to the current market price of the common stock. However, the Rights owned by the person acquiring beneficial ownership of 4.99% or more of the outstanding shares of common stock would automatically be void. The significant dilution that would result is expected to deter any person from acquiring beneficial ownership of 4.99% or more and thereby triggering the Rights. To date, none of the Rights have been exercised or have become exercisable because no unpermitted 4.99% or more change in the beneficial ownership of the outstanding common stock has occurred. The Rights will generally expire on the earlier to occur of the close of business on November 15, 2016, and certain other events described in the Preservation Plan, including such date as our Board of Directors determines that the Preservation Plan is no longer necessary for its intended purposes. A reconciliation of basic and diluted net income per common share follows: Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 (In thousands, except per share amounts) Net income $ 5,619 $ 6,052 $ 9,400 $ 9,190 Weighted average shares outstanding (1) 22,889 22,928 22,943 22,908 Restricted stock units 310 305 310 304 Effect of stock options 120 126 120 126 Stock units for deferred compensation plan for non-employee directors 111 107 111 116 Weighted average shares outstanding for calculation of diluted earnings per share 23,430 23,466 23,484 23,454 Net income per common share Basic (1) $ 0.25 $ 0.26 $ 0.41 $ 0.40 Diluted $ 0.24 $ 0.26 $ 0.40 $ 0.39 (1) Basic net income per common share includes weighted average common shares outstanding during the period and participating share awards. Weighted average stock options outstanding that were not considered in computing diluted net income per share because they were anti-dilutive totaled 0.03 million and 0.03 million for the three-month periods ended June 30, 2015 and 2014, respectively and totaled 0.03 million and 0.03 million for the six-month periods ended June 30, 2015 and 2014, respectively.

Derivative Financial Instrument

Derivative Financial Instruments	6 Months Ended
	Jun. 30, 2015
Derivative Financial Instruments [Abstract]
Derivative Financial Instruments	7. Derivative Financial Instruments We are required to record derivatives on our Condensed Consolidated Statements of Financial Condition as assets and liabilities measured at their fair value. The accounting for increases and decreases in the value of derivatives depends upon the use of derivatives and whether the derivatives qualify for hedge accounting. Our derivative financial instruments according to the type of hedge in which they are designated follows: June 30, 2015 Notional Amount Average Maturity (years) Fair Value (Dollars in thousands) No hedge designation Rate-lock mortgage loan commitments $ 22,118 0.1 $ 542 Mandatory commitments to sell mortgage loans 53,935 0.1 336 Pay-fixed interest rate swap agreements 19,888 7.5 (222 ) Pay-variable interest rate swap agreements 19,888 7.5 222 Total $ 115,829 2.6 $ 878 December 31, 2014 Notional Amount Average Maturity (years) Fair Value (Dollars in thousands) No hedge designation Rate-lock mortgage loan commitments $ 16,759 0.1 $ 437 Mandatory commitments to sell mortgage loans 38,600 0.1 (184 ) Pay-fixed interest rate swap agreements 3,300 9.4 (182 ) Pay-variable interest rate swap agreements 3,300 9.4 182 Total $ 61,959 1.1 $ 253 We have established management objectives and strategies that include interest-rate risk parameters for maximum fluctuations in net interest income and market value of portfolio equity. We monitor our interest rate risk position via simulation modeling reports. The goal of our asset/liability management efforts is to maintain profitable financial leverage within established risk parameters. Certain financial derivative instruments have not been designated as hedges. The fair value of these derivative financial instruments has been recorded on our Condensed Consolidated Statements of Financial Condition and is adjusted on an ongoing basis to reflect their then current fair value. The changes in fair value of derivative financial instruments not designated as hedges are recognized in earnings. In the ordinary course of business, we enter into rate-lock mortgage loan commitments with customers (“Rate-Lock Commitments”). These commitments expose us to interest rate risk. We also enter into mandatory commitments to sell mortgage loans (“Mandatory Commitments”) to reduce the impact of price fluctuations of mortgage loans held for sale and Rate-Lock Commitments. Mandatory Commitments help protect our loan sale profit margin from fluctuations in interest rates. The changes in the fair value of Rate-Lock Commitments and Mandatory Commitments are recognized currently as part of net gains on mortgage loans. We obtain market prices on Mandatory Commitments and Rate-Lock Commitments. Net gains on mortgage loans, as well as net income may be more volatile as a result of these derivative instruments, which are not designated as hedges. During 2014, we began a program that allows commercial loan customers to lock in a fixed rate for a longer period of time than we would normally offer for interest rate risk reasons. We will enter into a variable rate commercial loan and an interest rate swap agreement with a customer and then enter into an offsetting interest rate swap agreement with an unrelated party. The interest rate swap agreement fair values will generally move in opposite directions resulting in little or no net impact on our Condensed Consolidated Statements of Operations. All of the interest rate swap agreements in the table above relate to this program. The following tables illustrate the impact that the derivative financial instruments discussed above have on individual line items in the Condensed Consolidated Statements of Financial Condition for the periods presented: Fair Values of Derivative Instruments Asset Derivatives Liability Derivatives June 30, 2015 December 31, 2014 June 30, 2015 December 31, 2014 Balance Sheet Location Fair Value Balance Sheet Location Fair Value Balance Sheet Location Fair Value Balance Sheet Location Fair Value (In thousands) Derivatives not designated as hedging instruments Rate-lock mortgage loan commitments Other assets $ 542 Other assets $ 437 Other liabilities $ - Other liabilities $ - Mandatory commitments to sell mortgage loans Other assets 336 Other assets - Other liabilities - Other liabilities 184 Pay-fixed interest rate swap agreements Other assets - Other assets - Other liabilities 222 Other liabilities 182 Pay-variable interest rate swap agreements Other assets 222 Other assets 182 Other liabilities - Other liabilities - Total derivatives $ 1,100 $ 619 $ 222 $ 366 The effect of derivative financial instruments on the Condensed Consolidated Statements of Operations follows: Three Month Periods Ended June 30, Gain (Loss) Recognized in Other Comprehensive Income (Loss) (Effective Portion) Location of Gain (Loss) Reclassified from Accumulated Other Comprehensive Income into Income (Effective Gain (Loss) Reclassified from Accumulated Other Comprehensive Loss into Income (Effective Portion) Location of Gain (Loss) Recognized Gain (Loss) Recognized in Income 2015 2014 Portion) 2015 2014 in Income (1) 2015 2014 (In thousands) Cash Flow Hedges Pay-fixed interest rate swap agreements (2) $ - $ - Interest expense $ - $ (95 ) $ - $ - Total $ - $ - $ - $ (95 ) $ - $ - No hedge designation Rate-lock mortgage loan commitments Net mortgage loan gains $ (283 ) $ 238 Mandatory commitments to sell mortgage loans Net mortgage loan gains 559 (271 ) Pay-fixed interest rate swap agreements Interest income 221 (99 ) Pay-variable interest rate swap agreements Interest income (221 ) 99 U.S. Treasury short position Gain on securities - 52 Total $ 276 $ 19 (1) For cash flow hedges, this location and amount refers to the ineffective portion. (2) Relates to a terminated pay-fixed interest rate swap whose termination fee was included in accumulated other comprehensive income and was being amortized into earnings through December 31, 2014. Six Month Periods Ended June 30, Gain (Loss) Recognized in Other Comprehensive Income (Loss) (Effective Portion) Location of Gain (Loss) Reclassified from Accumulated Other Comprehensive Income into Income (Effective Gain (Loss) Reclassified from Accumulated Other Comprehensive Loss into Income (Effective Portion) Location of Gain (Loss) Recognized Gain (Loss) Recognized in Income 2015 2014 Portion) 2015 2014 in Income (1) 2015 2014 (In thousands) Cash Flow Hedges Pay-fixed interest rate swap agreements (2) $ - $ - Interest expense $ - $ (190 ) $ - $ - Total $ - $ - $ - $ (190 ) $ - $ - No hedge designation Rate-lock mortgage loan commitments Net mortgage loan gains $ 105 $ 224 Mandatory commitments to sell mortgage loans Net mortgage loan gains 520 (354 ) Pay-fixed interest rate swap agreements Interest income (40 ) (99 ) Pay-variable interest rate swap agreements Interest income 40 99 U.S. Treasury short position Gain on securities - 52 Total $ 625 $ (78 ) (1) For cash flow hedges, this location and amount refers to the ineffective portion. (2) Relates to a terminated pay-fixed interest rate swap whose termination fee was included in accumulated other comprehensive income and was being amortized into earnings through December 31, 2014.

Intangible Assets

Intangible Assets	6 Months Ended
	Jun. 30, 2015
Intangible Assets [Abstract]
Intangible Assets	8. Intangible Assets The following table summarizes intangible assets, net of amortization: June 30, 2015 December 31, 2014 Gross Carrying Amount Accumulated Amortization Gross Carrying Amount Accumulated Amortization (In thousands) Amortized intangible assets - core deposits $ 6,118 $ 3,665 $ 6,118 $ 3,491 Amortization of other intangibles has been estimated through 2020 and thereafter in the following table. (In thousands) Six months ending December 31, 2015 $ 173 2016 347 2017 346 2018 346 2019 346 2020 and thereafter 895 Total $ 2,453

Share Based Compensation

Share Based Compensation	6 Months Ended
	Jun. 30, 2015
Share Based Compensation [Abstract]
Share Based Compensation	9. Share Based Compensation We maintain share based payment plans that include a non-employee director stock purchase plan and a long-term incentive plan that permits the issuance of share based compensation, including stock options and non-vested share awards. The long-term incentive plan, which is shareholder approved, permits the grant of additional share based awards for up to 0.3 million shares of common stock as of June 30, 2015. The non-employee director stock purchase plan permits the issuance of additional share based payments for up to 0.2 million shares of common stock as of June 30, 2015. Share based awards and payments are measured at fair value at the date of grant and are expensed over the requisite service period. Common shares issued upon exercise of stock options come from currently authorized but unissued shares. During each first quarter period of 2015 and 2014, pursuant to our long-term incentive plan, we granted 0.07 million shares of restricted stock and 0.03 million performance stock units (“PSU”) to certain officers. The shares of restricted stock issued during 2015 cliff vest after a period of three years, the shares of restricted stock issued during 2014 vest ratably over three years and the PSUs issued in both periods cliff vest after a period of three years. The performance feature of the PSUs is based on a comparison of our total shareholder return over the three year period starting on the grant date to the total shareholder return over that period for an index of our peers in the banking industry. No long term incentive grants were made during the second quarters of 2015 or 2014. Our directors may elect to receive a portion of their quarterly cash retainer fees in the form of common stock (either on a current basis or on a deferred basis pursuant to the non-employee director stock purchase plan referenced above). Shares equal in value to that portion of each director’s fees that he or she has elected to receive in stock are issued each quarter and vest immediately. We issued 0.002 million shares and 0.007 million shares to directors during the first six months of 2015 and 2014, respectively and expensed their value during those same periods. Total compensation expense recognized for grants pursuant to our long-term incentive plan was $0.4 million and $0.7 million during the three and six month periods ended June 30, 2015, respectively, and was $0.3 million and $0.5 million during the same periods in 2014, respectively. The corresponding tax benefit relating to this expense was $0.1 million and $0.3 million for the three and six month periods ended June 30, 2015, respectively and $0.1 million and $0.2 million for the same periods in 2014. Total expense recognized for non-employee director share based payments was $0.02 million and $0.03 million during the three and six month periods ended June 30, 2015, respectively, and was $0.05 million and $0.09 million during the same periods in 2014, respectively. The corresponding tax benefit relating to this expense was $0.01 million and $0.01 million for the three and six month periods ended June 30, 2015, respectively and $0.02 million and $0.03 million during the same periods in 2014. At June 30, 2015, the total expected compensation cost related to non-vested stock options, restricted stock, PSUs and restricted stock unit awards not yet recognized was $2.1 million. The weighted-average period over which this amount will be recognized is 2.0 years. A summary of outstanding stock option grants and related transactions follows: Number of Shares Average Exercise Price Weighted- Average Remaining Contractual Term (Years) Aggregated Intrinsic Value (In thousands) Outstanding at January 1, 2015 281,820 $ 4.69 Granted - Exercised (24,774 ) 3.33 Forfeited (1,531 ) 4.72 Expired (757 ) 13.81 Outstanding at June 30, 2015 254,758 $ 4.80 6.59 $ 2,293 Vested and expected to vest at June 30, 2015 252,880 $ 4.79 6.58 $ 2,278 Exercisable at June 30, 2015 198,882 $ 4.96 6.34 $ 1,772 A summary of outstanding non-vested restricted stock, restricted stock units and PSUs and related transactions follows: Number of Shares Weighted- Average Grant Date Fair Value Outstanding at January 1, 2015 407,130 $ 6.31 Granted 107,156 13.04 Vested (22,119 ) 12.78 Forfeited (3,380 ) 12.93 Outstanding at June 30, 2015 488,787 $ 7.45 Certain information regarding options exercised during the periods follows: Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 (In thousands) Intrinsic value $ 187 $ 93 $ 243 $ 108 Cash proceeds received $ 67 $ 26 $ 82 $ 36 Tax benefit realized $ 65 $ 32 $ 85 $ 37

Income Tax

Income Tax	6 Months Ended
	Jun. 30, 2015
Income Tax [Abstract]
Income Tax	10. Income Tax Income tax expense was $2.6 million and $1.8 million during the three months ended June 30, 2015 and 2014, respectively and $4.4 million and $3.3 million during the six months ended June 30, 2015 and 2014, respectively. We assess whether a valuation allowance should be established against our deferred tax assets based on the consideration of all available evidence using a “more likely than not” standard. The ultimate realization of this asset is primarily based on generating future income. realization of substantially all of our deferred tax assets continues to be more likely than not. We did maintain a valuation allowance against our deferred tax assets of approximately $1.0 million at both June 30, 2015 and December 31, 2014. This valuation allowance on our deferred tax assets primarily relates to state income taxes at our Mepco segment. In this instance, we determined that the future realization of these particular deferred tax assets was not more likely than not. This conclusion was primarily based on the uncertainty of Mepco’s future earnings attributable to particular states (given the various apportionment criteria) and the significant reduction in the size of Mepco’s business. At June 30, 2015 and December 31, 2014, we had approximately $1.0 million and $1.1 million, respectively of gross unrecognized tax benefits. We do not expect the total amount of unrecognized tax benefits to significantly increase or decrease during the balance of 2015.

Regulatory Matters

Regulatory Matters	6 Months Ended
	Jun. 30, 2015
Regulatory Matters [Abstract]
Regulatory Matters	11. Regulatory Matters Capital guidelines adopted by Federal and State regulatory agencies and restrictions imposed by law limit the amount of cash dividends our Bank can pay to us. Under these guidelines, the amount of dividends that may be paid in any calendar year is limited to the Bank’s current year’s net profits, combined with the retained net profits of the preceding two years. Further, the Bank cannot pay a dividend at any time that it has negative undivided profits. As of June 30, 2015, the Bank had negative undivided profits of $21.2 million. We can request regulatory approval for a return of capital from the Bank to the parent company. During the first quarter of 2014, we requested regulatory approval for a $15.0 million return of capital from the Bank to the parent company. This return of capital request was approved by our banking regulators on March 28, 2014 and the Bank returned $15.0 million of capital to the parent company on April 9, 2014. During January of 2015, we requested regulatory approval for an additional $18.5 million return of capital from the Bank to the parent company. This return of capital request was approved by our banking regulators on February 13, 2015, and the Bank returned $18.5 million of capital to the parent company on February 17, 2015 . We are also subject to various regulatory capital requirements. The prompt corrective action regulations establish quantitative measures to ensure capital adequacy and require minimum amounts and ratios of total, Tier 1, and common equity Tier 1 (as of January 1, 2015) capital to risk-weighted assets and Tier 1 capital to average assets. Failure to meet minimum capital requirements can result in certain mandatory, and possibly discretionary, actions by regulators that could have a material effect on our consolidated financial statements. Under capital adequacy guidelines, we must meet specific capital requirements that involve quantitative measures as well as qualitative judgments by the regulators. The most recent regulatory filings as of June 30, 2015 and December 31, 2014, categorized our Bank as well capitalized. Management is not aware of any conditions or events that would have changed the most recent Federal Deposit Insurance Corporation (“FDIC”) categorization. On July 2, 2013, the Federal Reserve approved a final rule that establishes an integrated regulatory capital framework (the “New Capital Rules”). The rule implements in the United States the Basel III regulatory capital reforms from the Basel Committee on Banking Supervision and certain changes required by the Dodd-Frank Act. In general, under the New Capital Rules, minimum requirements have increased for both the quantity and quality of capital held by banking organizations. Consistent with the international Basel framework, the New Capital Rules include a new minimum ratio of common equity Tier 1 capital to risk-weighted assets of 4.5% and a common equity Tier 1 capital conservation buffer of 2.5% of risk-weighted assets that applies to all supervised financial institutions. The rule also raises the minimum ratio of Tier 1 capital to risk-weighted assets from 4% to 6% and includes a minimum leverage ratio of 4% for all banking organizations. As to the quality of capital, the New Capital Rules emphasize common equity Tier 1 capital, the most loss-absorbing form of capital, and implement strict eligibility criteria for regulatory capital instruments. The New Capital Rules also change the methodology for calculating risk-weighted assets to enhance risk sensitivity. The New Capital Rules became effective for us on January 1, 2015. Our actual capital amounts and ratios follow: Actual Minimum for Adequately Capitalized Institutions Minimum for Well-Capitalized Institutions Amount Ratio Amount Ratio Amount Ratio (Dollars in thousands) June 30, 2015 Total capital to risk-weighted assets Consolidated $ 275,836 17.33 % $ 127,340 8.00 % NA NA Independent Bank 245,543 15.45 127,178 8.00 $ 158,972 10.00 % Tier 1 capital to risk-weighted assets Consolidated $ 255,639 16.06 % $ 95,505 6.00 % NA NA Independent Bank 225,439 14.18 95,383 6.00 $ 127,178 8.00 % Common equity tier 1 capital to risk-weighted assets Consolidated $ 240,247 15.09 % $ 71,629 4.50 % NA NA Independent Bank 225,439 14.18 71,538 4.50 $ 103,332 6.50 % Tier 1 capital to average assets Consolidated $ 255,639 11.32 % $ 90,357 4.00 % NA NA Independent Bank 225,439 9.99 90,283 4.00 $ 112,853 5.00 % December 31, 2014 Total capital to risk-weighted assets Consolidated $ 265,163 18.06 % $ 117,427 8.00 % NA NA Independent Bank 247,883 16.90 117,374 8.00 $ 146,718 10.00 % Tier 1 capital to risk-weighted assets Consolidated $ 246,628 16.80 % $ 58,714 4.00 % NA NA Independent Bank 229,361 15.63 58,687 4.00 $ 88,031 6.00 % Tier 1 capital to average assets Consolidated $ 246,628 11.18 % $ 88,206 4.00 % NA NA Independent Bank 229,361 10.46 87,687 4.00 $ 109,609 5.00 % NA - Not applicable The components of our regulatory capital are as follows: Consolidated Independent Bank June 30, 2015 December 31, 2014 June 30, 2015 December 31, 2014 (In thousands) Total shareholders' equity $ 254,375 $ 250,371 $ 249,477 $ 257,832 Add (deduct) Accumulated other comprehensive (gain) loss for regulatory purposes (408 ) 5,636 (408 ) 5,636 Intangible assets (981 ) (2,627 ) (981 ) (2,627 ) Disallowed deferred tax assets (12,739 ) (40,500 ) (22,649 ) (30,728 ) Disallowed capitalized mortgage loan servicing rights - (752 ) - (752 ) Common equity tier 1 capital 240,247 212,128 225,439 229,361 Qualifying trust preferred securities 34,500 34,500 - - Disallowed deferred tax assets (19,108 ) - - - Tier 1 capital 255,639 246,628 225,439 229,361 Allowance for loan losses and allowance for unfunded lending commitments limited to 1.25% of total risk-weighted assets 20,197 18,535 20,104 18,522 Total risk-based capital $ 275,836 $ 265,163 $ 245,543 $ 247,883

Fair Value Disclosures

Fair Value Disclosures	6 Months Ended
	Jun. 30, 2015
Fair Value Disclosures [Abstract]
Fair Value Disclosures	12. Fair Value Disclosures FASB ASC topic 820 defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. FASB ASC topic 820 also establishes a fair value hierarchy which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. The standard describes three levels of inputs that may be used to measure fair value: Level 1: Valuation is based upon quoted prices for identical instruments traded in active markets. Level 1 instruments include securities traded on active exchange markets, such as the New York Stock Exchange, as well as U.S. Treasury securities that are traded by dealers or brokers in active over-the-counter markets. Level 2: Valuation is based upon quoted prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active, and model-based valuation techniques for which all significant assumptions are observable in the market. Level 2 instruments include securities traded in less active dealer or broker markets. Level 3: Valuation is generated from model-based techniques that use at least one significant assumption not observable in the market. These unobservable assumptions reflect estimates of assumptions that market participants would use in pricing the asset or liability. Valuation techniques include use of option pricing models, discounted cash flow models and similar techniques. We used the following methods and significant assumptions to estimate fair value: Securities Loans held for sale Impaired loans with specific loss allocations based on collateral value From time to time, certain loans are considered impaired and an allowance for loan losses is established. Loans for which it is probable that payment of interest and principal will not be made in accordance with the contractual terms of the loan agreement are considered impaired. We measure our investment in an impaired loan based on one of three methods: the loan’s observable market price, the fair value of the collateral or the present value of expected future cash flows discounted at the loan’s effective interest rate. Those impaired loans not requiring an allowance represent loans for which the fair value of the expected repayments or collateral exceed the recorded investments in such loans. At June 30, 2015 and December 31, 2014, all of our total impaired loans were evaluated based on either the fair value of the collateral or the present value of expected future cash flows discounted at the loan’s effective interest rate. When the fair value of the collateral is based on an appraised value or when an appraised value is not available we record the impaired loan as nonrecurring Level 3 Other real estate Appraisals for both collateral-dependent impaired loans and other real estate owned are performed by certified general appraisers (for commercial properties) or certified residential appraisers (for residential properties) whose qualifications and licenses have been reviewed and verified by us. Once received, an independent third party (for commercial properties over $0.25 million) or a member of our Collateral Evaluation Department (for commercial properties under $0.25 million) or a member of our Special Assets Group (for retail properties) reviews the assumptions and approaches utilized in the appraisal as well as the overall resulting fair value in comparison with independent data sources such as recent market data or industry-wide statistics. We compare the actual selling price of collateral that has been sold to the most recent appraised value of our properties to determine what additional adjustment, if any, should be made to the appraisal value to arrive at fair value. For commercial and retail properties we typically discount an appraisal to account for various factors that the appraisal excludes in its assumptions. These additional discounts generally do not result in material adjustments to the appraised value. Capitalized mortgage loan servicing rights Derivatives Assets and liabilities measured at fair value, including financial assets for which we have elected the fair value option, were as follows: Fair Value Measurements Using Fair Value Measure- ments Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Un- observable Inputs (Level 3) (In thousands) June 30, 2015: Measured at Fair Value on a Recurring Basis: Assets Trading securities $ 180 $ 180 $ - $ - Securities available for sale U.S. agency 36,271 - 36,271 - U.S. agency residential mortgage-backed 217,980 - 217,980 - U.S. agency commercial mortgage-backed 30,160 - 30,160 - Private label residential mortgage-backed 5,460 - 5,460 - Other asset backed 108,312 - 108,312 - Obligations of states and political subdivisions 134,363 - 134,363 - Corporate 22,635 - 22,635 - Trust preferred 2,514 - 2,514 - Loans held for sale 30,518 - 30,518 - Derivatives (1) 1,100 - 1,100 - Liabilities Derivatives (2) 222 - 222 - Measured at Fair Value on a Non-recurring basis: Assets Capitalized mortgage loan servicing rights (3) 8,895 - - 8,895 Impaired loans (4) Commercial Income producing - real estate 852 - - 852 Land, land development & construction-real estate 126 - - 126 Commercial and industrial 1,774 - - 1,774 Mortgage 1-4 Family 631 - - 631 Resort Lending 141 - - 141 Other real estate (5) Commercial Land, land development & construction-real estate 639 - - 639 Commercial and industrial 165 - - 165 Mortgage 1-4 Family 135 - - 135 Resort Lending 251 - - 251 Home equity - 1st lien 10 - - 10 Installment Home equity - 1st lien 43 - - 43 (1) Included in accrued income and other assets (2) Included in accrued expenses and other liabilities (3) Only includes servicing rights that are carried at fair value due to recognition of a valuation allowance. (4) Only includes impaired loans with specific loss allocations based on collateral value. (5) Only includes other real estate with subsequent write downs to fair value. Fair Value Measurements Using Fair Value Measure- ments Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Un- observable Inputs (Level 3) (In thousands) December 31, 2014: Measured at Fair Value on a Recurring Basis: Assets Trading securities $ 203 $ 203 $ - $ - Securities available for sale U.S. agency 35,006 - 35,006 - U.S. agency residential mortgage-backed 257,558 - 257,558 - U.S. agency commercial mortgage-backed 33,728 - 33,728 - Private label residential mortgage-backed 6,013 - 6,013 - Other asset backed 32,353 - 32,353 - Obligations of states and political subdivisions 143,415 - 143,415 - Corporate 22,664 - 22,664 - Trust preferred 2,441 - 2,441 - Loans held for sale 23,662 - 23,662 - Derivatives (1) 619 - 619 - Liabilities Derivatives (2) 366 - 366 - Measured at Fair Value on a Non-recurring basis: Assets Capitalized mortgage loan servicing rights (3) 9,197 - - 9,197 Impaired loans (4) Commercial Income producing - real estate 869 - - 869 Land, land development & construction-real estate 354 - - 354 Commercial and industrial 2,601 - - 2,601 Mortgage 1-4 Family 1,306 - - 1,306 Other real estate (5) Commercial Income producing - real estate 479 - - 479 Land, land development & construction-real estate 737 - - 737 Mortgage 1-4 Family 102 - - 102 Resort Lending 575 - - 575 Installment Home equity - 1st lien 13 - - 13 (1) Included in accrued income and other assets (2) Included in accrued expenses and other liabilities (3) Only includes servicing rights that are carried at fair value due to recognition of a valuation allowance. (4) Only includes impaired loans with specific loss allocations based on collateral value. (5) Only includes other real estate with subsequent write downs to fair value. There were no transfers between Level 1 and Level 2 during the three months ended June 30, 2015 and 2014. Changes in fair values for financial assets which we have elected the fair value option for the periods presented were as follows: Changes in Fair Values for the Six-Month Periods Ended June 30 for Items Measured at Fair Value Pursuant to Election of the Fair Value Option 2015 2014 Net Gains (Losses) on Assets Total Change in Fair Values Included in Current Period Net Gains (Losses) on Assets Total Change in Fair Values Included in Current Period Securities Loans Earnings Securities Loans Earnings (In thousands) Trading securities $ (23 ) $ - $ (23 ) $ 111 $ - $ 111 Loans held for sale - (121 ) (121 ) - 348 348 For those items measured at fair value pursuant to our election of the fair value option, interest income is recorded within the Condensed Consolidated Statements of Operations based on the contractual amount of interest income earned on these financial assets and dividend income is recorded based on cash dividends. The following represent impairment charges recognized during the three and six month periods ended June 30, 2015 and 2014 relating to assets measured at fair value on a non-recurring basis: · Capitalized mortgage loan servicing rights, whose individual strata are measured at fair value, had a carrying amount of $8.9 million which is net of a valuation allowance of $3.2 million at June 30, 2015, and had a carrying amount of $9.2 million which is net of a valuation allowance of $3.8 million at December 31, 2014. A recovery (charge) of $1.2 million and $0.5 million was included in our results of operations for the three and six month periods ending June 30, 2015, respectively and $(0.2) million and $(0.5) million during the same periods in 2014. · Loans which are measured for impairment using the fair value of collateral for collateral dependent loans had a carrying amount of $6.6 million, with a valuation allowance of $3.1 million at June 30, 2015, and had a carrying amount of $8.2 million, with a valuation allowance of $3.1 million at December 31, 2014. The provision for loan losses included in our results of operations relating to impaired loans was an expense of $0.5 million and $0.2 million for the three month periods ending June 30, 2015 and 2014, respectively, and an expense of $1.0 million and $1.5 million for the six month periods ending June 30, 2015 and 2014, respectively. · Other real estate, which is measured using the fair value of the property, had a carrying amount of $1.2 million which is net of a valuation allowance of $2.3 million at June 30, 2015, and a carrying amount of $1.9 million which is net of a valuation allowance of $2.5 million at December 31, 2014. An additional charge relating to other real estate measured at fair value of $0.22 million and $0.37 million was included in our results of operations during the three and six month periods ended June 30, 2015, respectively and $0.03 million and $0.06 million during the same periods in 2014. We had no assets or liabilities measured at fair value on a recurring basis that used significant unobservable inputs (Level 3) during the three months ended June 30, 2015 and 2014. Quantitative information about Level 3 fair value measurements measured on a non-recurring basis follows: Asset (Liability) Fair Value Valuation Technique Unobservable Inputs Weighted Average (In thousands) June 30, 2015 Capitalized mortgage loan servicing rights $ 8,895 Present value of net servicing revenue Discount rate 10.02 % Cost to service $ 80 Ancillary income 24 Float rate 1.79 % Impaired loans Commercial (1) 2,220 Sales comparison approach Adjustment for differences between comparable sales (2.3 )% Income approach Capitalization rate 9.3 Mortgage 772 Sales comparison approach Adjustment for differences between comparable sales 5.6 Other real estate Commercial 804 Sales comparison approach Adjustment for differences between comparable sales (3.9 ) Mortgage and installment 439 Sales comparison approach Adjustment for differences between comparable sales 20.6 December 31, 2014 Capitalized mortgage loan servicing rights $ 9,197 Present value of net servicing revenue Discount rate 10.07 % Cost to service $ 82 Ancillary income 25 Float rate 1.77 % Impaired loans Commercial (1) 2,751 Sales comparison approach Adjustment for differences between comparable sales (3.8 )% Income approach Capitalization rate 9.3 Mortgage 1,306 Sales comparison approach Adjustment for differences between comparable sales 8.6 Other real estate Commercial 1,216 Sales comparison approach Adjustment for differences between comparable sales (9.0 ) Mortgage and installment 690 Sales comparison approach Adjustment for differences between comparable sales 34.3 (1) In addition to the valuation techniques and unobservable inputs discussed above, at June 30, 2015 and December 31, 2014, we had an impaired collateral dependent commercial relationship that totaled $0.5 million and $1.1 million, respectively that was primarily secured by collateral other than real estate. Collateral securing this relationship primarily included machinery and equipment, accounts receivable, inventory and company stock. Valuation techniques at June 30, 2015, included discounting restructuring firm valuations based on estimates of value recovery of each particular asset type. Discount rates used ranged from 0% to 100% of stated values. Valuation techniques at December 31, 2014, included discounting cost and financial statement value approaches based on estimates of value recovery of each particular asset type. Discount rates used ranged from 35% to 100% of stated values. The following table reflects the difference between the aggregate fair value and the aggregate remaining contractual principal balance outstanding for loans held for sale for which the fair value option has been elected for the periods presented. Aggregate Fair Value Difference Contractual Principal (In thousands) Loans held for sale June 30, 2015 $ 30,518 $ 503 $ 30,015 December 31, 2014 23,662 624 23,038

Fair Values of Financial Instru

Fair Values of Financial Instruments	6 Months Ended
	Jun. 30, 2015
Fair Values of Financial Instruments [Abstract]
Fair Values of Financial Instruments	13. Fair Values of Financial Instruments Most of our assets and liabilities are considered financial instruments. Many of these financial instruments lack an available trading market and it is our general practice and intent to hold the majority of our financial instruments to maturity. Significant estimates and assumptions were used to determine the fair value of financial instruments. These estimates are subjective in nature, involving uncertainties and matters of judgment, and therefore, fair values cannot be determined with precision. Changes in assumptions could significantly affect the estimates. Estimated fair values have been determined using available data and methodologies that are considered suitable for each category of financial instrument. For instruments with adjustable-interest rates which reprice frequently and without significant credit risk, it is presumed that estimated fair values approximate the recorded book balances. Cash and due from banks and interest bearing deposits Interest bearing deposits - time Securities Federal Home Loan Bank and Federal Reserve Bank Stock Net loans and loans held for sale Accrued interest receivable and payable Derivative financial instruments Deposits Other borrowings Subordinated debentures The estimated recorded book balances and fair values follow: Fair Value Using Recorded Book Balance Fair Value Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Un- observable Inputs (Level 3) (In thousands) June 30, 2015 Assets Cash and due from banks $ 44,272 $ 44,272 $ 44,272 $ - $ - Interest bearing deposits 14,045 14,045 14,045 - - Interest bearing deposits - time 10,853 10,892 - 10,892 - Trading securities 180 180 180 - - Securities available for sale 557,695 557,695 - 557,695 - Federal Home Loan Bank and Federal Reserve Bank Stock 15,146 NA NA NA NA Net loans and loans held for sale 1,455,939 1,435,236 - 30,518 1,404,718 Accrued interest receivable 6,059 6,059 1 1,647 4,411 Derivative financial instruments 1,100 1,100 - 1,100 - Liabilities Deposits with no stated maturity (1) $ 1,594,948 $ 1,594,948 $ 1,594,948 $ - $ - Deposits with stated maturity (1) 366,469 365,081 - 365,081 - Other borrowings 12,325 14,165 - 14,165 - Subordinated debentures 35,569 24,117 - 24,117 - Accrued interest payable 392 392 20 372 - Derivative financial instruments 222 222 - 222 - December 31, 2014 Assets Cash and due from banks $ 48,326 $ 48,326 $ 48,326 $ - $ - Interest bearing deposits 25,690 25,690 25,690 - - Interest bearing deposits - time 13,561 13,585 - 13,585 - Trading securities 203 203 203 - - Securities available for sale 533,178 533,178 - 533,178 - Federal Home Loan Bank and Federal Reserve Bank Stock 19,919 NA NA NA NA Net loans and loans held for sale 1,407,634 1,394,424 - 23,662 1,370,762 Accrued interest receivable 5,995 5,995 2 1,599 4,394 Derivative financial instruments 619 619 - 619 - Liabilities Deposits with no stated maturity (1) $ 1,534,175 $ 1,534,175 $ 1,534,175 $ - $ - Deposits with stated maturity (1) 390,127 389,139 - 389,139 - Other borrowings 12,470 14,560 - 14,560 - Subordinated debentures 35,569 23,328 - 23,328 - Accrued interest payable 380 380 21 359 - Derivative financial instruments 366 366 - 366 - (1) Deposits with no stated maturity include reciprocal deposits with a recorded book balance of $12.5 million and $13.6 million at June 30, 2015 and December 31, 2014, respectively. Deposits with a stated maturity include reciprocal deposits with a recorded book balance of $36.5 million and $40.1 million at June 30, 2015 and December 31, 2014, respectively. The fair values for commitments to extend credit and standby letters of credit are estimated to approximate their aggregate book balance, which is nominal and therefore are not disclosed. Fair value estimates are made at a specific point in time, based on relevant market information and information about the financial instrument. These estimates do not reflect any premium or discount that could result from offering for sale the entire holdings of a particular financial instrument. Fair value estimates are based on existing on- and off-balance sheet financial instruments without attempting to estimate the value of anticipated future business, the value of future earnings attributable to off-balance sheet activities and the value of assets and liabilities that are not considered financial instruments. Fair value estimates for deposit accounts do not include the value of the core deposit intangible asset resulting from the low-cost funding provided by the deposit liabilities compared to the cost of borrowing funds in the market.

Contingent Liabilities

Contingent Liabilities	6 Months Ended
	Jun. 30, 2015
Contingent Liabilities [Abstract]
Contingent Liabilities	14. Contingent Liabilities We are involved in various litigation matters in the ordinary course of business. At the present time, we do not believe any of these matters will have a significant impact on our consolidated financial position or results of operations. The aggregate amount we have accrued for losses we consider probable as a result of these litigation matters is immaterial. However, because of the inherent uncertainty of outcomes from any litigation matter, we believe it is reasonably possible we may incur losses in addition to the amounts we have accrued. At this time, we estimate the maximum amount of additional losses that are reasonably possible is approximately $0.5 million. However, because of a number of factors, including the fact that certain of these litigation matters are still in their early stages, this maximum amount may change in the future. The litigation matters described in the preceding paragraph primarily include claims that have been brought against us for damages, but do not include litigation matters where we seek to collect amounts owed to us by third parties (such as litigation initiated to collect delinquent loans or vehicle service contract counterparty receivables). These excluded, collection-related matters may involve claims or counterclaims by the opposing party or parties, but we have excluded such matters from the disclosure contained in the preceding paragraph in all cases where we believe the possibility of us paying damages to any opposing party is remote. Risks associated with the likelihood that we will not collect the full amount owed to us, net of reserves, are disclosed elsewhere in this report. Our Mepco segment conducts its payment plan business activities across the United States. Mepco acquires the payment plans from companies (which we refer to as Mepco’s “counterparties”) at a discount from the face amount of the payment plan. Each payment plan (which are classified as payment plan receivables in our Condensed Consolidated Statements of Financial Condition) permits a consumer to purchase a vehicle service contract by making installment payments, generally for a term of 12 to 24 months, to the sellers of those contracts (one of the “counterparties”). Mepco thereafter collects the payments from consumers. In acquiring the payment plan, Mepco generally funds a portion of the cost to the seller of the service contract and a portion of the cost to the administrator of the service contract. The administrator, in turn, pays the necessary contractual liability insurance policy (“CLIP”) premium to the insurer or risk retention group. Consumers are allowed to voluntarily cancel the service contract at any time and are generally entitled to receive a refund from the administrator of the unearned portion of the service contract at the time of cancellation. As a result, while Mepco does not owe any refund to the consumer, it also does not have any recourse against the consumer for nonpayment of a payment plan and therefore does not evaluate the creditworthiness of the individual consumer. If a consumer stops making payments on a payment plan or exercises the right to voluntarily cancel the service contract, the service contract seller and administrator are each obligated to refund to Mepco the amount necessary to make Mepco whole as a result of its funding of the service contract. In addition, the insurer or risk retention group that issued the CLIP for the service contract often guarantees all or a portion of the refund to Mepco. See note #4 above for a breakdown of Mepco’s payment plan receivables by the level of recourse Mepco has against various counterparties. Upon the cancellation of a service contract and the completion of the billing process to the counterparties for amounts due to Mepco, there is a decrease in the amount of “payment plan receivables” and an increase in the amount of “vehicle service contract counterparty receivables” until such time as the amount due from the counterparty is collected. These amounts represent funds actually due to Mepco from its counterparties for cancelled service contracts. At June 30, 2015 and December 31, 2014, the aggregate amount of such obligations owing to Mepco by counterparties, net of write-downs and reserves made through the recognition of vehicle service contract counterparty contingencies expense, totaled $7.3 million and $7.2 million, respectively. Mepco is currently in the process of working to recover these receivables, primarily through litigation against counterparties. In some cases, Mepco requires collateral or guaranties by the principals of the counterparties to secure these refund obligations; however, this is generally only the case when no rated insurance company is involved to guarantee the repayment obligation of the seller and administrator counterparties. In most cases, there is no collateral to secure the counterparties’ refund obligations to Mepco, but Mepco has the contractual right to offset unpaid refund obligations against amounts Mepco would otherwise be obligated to fund to the counterparties. In addition, even when collateral is involved, the refund obligations of these counterparties are not fully secured. Mepco incurs losses when it is unable to fully recover funds owing to it by counterparties upon cancellation of the underlying service contracts. The sudden failure of one of Mepco’s major counterparties (an insurance company, administrator, or seller/dealer) could expose us to significant losses. When counterparties do not honor their contractual obligations to Mepco to repay funds, we recognize estimated losses. Mepco pursues collection (including commencing legal action if necessary) of funds due to it under its various contracts with counterparties. Mepco has had to initiate litigation against certain counterparties, including third party insurers, to collect amounts owed to Mepco as a result of those parties' dispute of their contractual obligations to Mepco. Charges related to estimated losses for vehicle service contract counterparty contingencies included in non-interest expense totaled $0.03 million and $0.07 million for the three month periods ended June 30, 2015 and 2014, respectively and totaled $0.06 million and $0.14 million for the six month periods ended June 30, 2015 and 2014, respectively. These charges are being classified in non-interest expense because they are associated with a default or potential default of a contractual obligation under our counterparty contracts as opposed to loss on the administration of the payment plan itself. Our estimate of probable incurred losses from vehicle service contract counterparty contingencies requires a significant amount of judgment because a number of factors can influence the amount of loss that we may ultimately incur. These factors include our estimate of future cancellations of vehicle service contracts, our evaluation of collateral that may be available to recover funds due from our counterparties, and our assessment of the amount that may ultimately be collected from counterparties in connection with their contractual obligations. We apply a rigorous process, based upon historical payment plan activity and past experience, to estimate probable incurred losses and quantify the necessary reserves for our vehicle service contract counterparty contingencies, but there can be no assurance that our modeling process will successfully identify all such losses. We believe our assumptions regarding the collection of vehicle service contract counterparty receivables are reasonable, and we based them on our good faith judgments using data currently available. We also believe the current amount of reserves we have established and the vehicle service contract counterparty contingencies expense that we have recorded are appropriate given our estimate of probable incurred losses at the applicable Condensed Consolidated Statement of Financial Condition date. However, because of the uncertainty surrounding the numerous and complex assumptions made, actual losses could exceed the charges we have taken to date. The provision for loss reimbursement on sold loans represents our estimate of incurred losses related to mortgage loans that we have sold to investors (primarily Fannie Mae and Freddie Mac). Since we sell mortgage loans without recourse, loss reimbursements only occur in those instances where we have breached a representation or warranty or other contractual requirement related to the loan sale. The provision for loss reimbursement on sold loans was an expense of $0.05 million and $0.02 million for the three months ended June 30, 2015 and 2014, respectively and a credit of $0.02 million and $0.47 million for the six months ended June 30, 2015 and 2014, respectively. The credit provision in the first six months of 2015 is due primarily to the settlement of certain loss reimbursement claims at slightly lower amounts than what had been specifically reserved for at the end of 2014. The credit provision in the first six months of 2014 is due primarily to the rescission of certain loss reimbursement requests by Freddie Mac that had been pending and accrued for at the end of 2013. The reserve for loss reimbursements on sold mortgage loans totaled $0.7 million at both June 30, 2015 and December 31, 2014. This reserve is included in accrued expenses and other liabilities in our Condensed Consolidated Statements of Financial Condition. This reserve is based on an analysis of mortgage loans that we have sold which are further categorized by delinquency status, loan to value, and year of origination. The calculation includes factors such as probability of default, probability of loss reimbursement (breach of representation or warranty) and estimated loss severity. The reserve levels at June 30, 2015 and December 31, 2014 also reflect the resolution of the mortgage loan origination years of 2000 to 2008 with Fannie Mae and Freddie Mac. We believe that the amounts that we have accrued for incurred losses on sold mortgage loans are appropriate given our analyses. However, future losses could exceed our current estimate.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Loss	6 Months Ended
	Jun. 30, 2015
Accumulated Other Comprehensive Loss [Abstract]
Accumulated Other Comprehensive Loss	15. Accumulated Other Comprehensive Loss (“AOCL”) A summary of changes in AOCL follows: Unrealized Gains (Losses) on Available for Sale Securities Dispropor- tionate Tax Effects from Securities Available for Sale Unrealized Losses on Settled Derivatives Total For the three months ended June 30, 2015 Balances at beginning of period $ 1,596 $ (5,798 ) $ - $ (4,202 ) Other comprehensive loss before reclassifications (1,188 ) - - (1,188 ) Amounts reclassified from AOCL - - - - Net current period other comprehensive loss (1,188 ) - - (1,188 ) Balances at end of period $ 408 $ (5,798 ) $ - $ (5,390 ) 2014 Balances at beginning of period $ (1,661 ) $ (5,798 ) $ (185 ) $ (7,644 ) Other comprehensive income before reclassifications 1,286 - - 1,286 Amounts reclassified from AOCL (1 ) - 61 60 Net current period other comprehensive income 1,285 - 61 1,346 Balances at end of period $ (376 ) $ (5,798 ) $ (124 ) $ (6,298 ) For the six months ended June 30, 2015 Balances at beginning of period $ 162 $ (5,798 ) $ - $ (5,636 ) Other comprehensive income before reclassifications 295 - - 295 Amounts reclassified from AOCL (49 ) - - (49 ) Net current period other comprehensive ncome 246 - - 246 Balances at end of period $ 408 $ (5,798 ) $ - $ (5,390 ) 2014 Balances at beginning of period $ (3,200 ) $ (5,798 ) $ (247 ) $ (9,245 ) Other comprehensive income before reclassifications 2,825 - - 2,825 Amounts reclassified from AOCL (1 ) - 123 122 Net current period other comprehensive income 2,824 - 123 2,947 Balances at end of period $ (376 ) $ (5,798 ) $ (124 ) $ (6,298 ) The disproportionate tax effects from securities available for sale arose due to tax effects of other comprehensive income (“OCI”) in the presence of a valuation allowance against our deferred tax assets and a pretax loss from operations. Generally, the amount of income tax expense or benefit allocated to operations is determined without regard to the tax effects of other categories of income or loss, such as OCI. However, an exception to the general rule is provided when, in the presence of a valuation allowance against deferred tax assets, there is a pretax loss from operations and pretax income from other categories in the current period. In such instances, income from other categories must offset the current loss from operations, the tax benefit of such offset being reflected in operations. A summary of reclassifications out of each component of AOCL for the three months ended June 30 follows: AOCL Component Amount Reclassified From AOCL Affected Line Item in Condensed Consolidated Statements of Operations (In thousands) 2015 Unrealized gains on available for sale securities $ - Net gains on securities - Net impairment loss recognized in earnings - Total reclassifications before tax - Tax expense $ - Reclassifications, net of tax 2014 Unrealized gains on available for sale securities $ 2 Net gains on securities - Net impairment loss recognized in earnings 2 Total reclassifications before tax 1 Tax expense $ 1 Reclassifications, net of tax Unrealized gains on settled derivatives $ (95 ) Interest expense (34 ) Tax benefit $ (61 ) Reclassification, net of tax $ (60 ) Total reclassifications for the period, net of tax A summary of reclassifications out of each component of AOCL for the six months ended June 30 follows: AOCL Component Amount Reclassified From AOCL Affected Line Item in Condensed Consolidated Statements of Operations (In thousands) 2015 Unrealized gains on available for sale securities $ 75 Net gains on securities - Net impairment loss recognized in earnings 75 Total reclassifications before tax 26 Tax expense $ 49 Reclassifications, net of tax 2014 Unrealized gains on available for sale securities $ 2 Net gains on securities - Net impairment loss recognized in earnings 2 Total reclassifications before tax 1 Tax expense $ 1 Reclassifications, net of tax Unrealized gains on settled derivatives $ (190 ) Interest expense (67 ) Tax benefit $ (123 ) Reclassification, net of tax $ (122 ) Total reclassifications for the period, net of tax

New Accounting Standards (Polic

New Accounting Standards (Policies)	6 Months Ended
	Jun. 30, 2015
New Accounting Standards [Abstract]
New Accounting Standards	In January 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2014-04, “Reclassification of Residential Real Estate Collateralized Consumer Mortgage Loans upon Foreclosure”. The amendments in this ASU clarify that an in substance repossession or foreclosure occurs, and a creditor is considered to have received physical possession of residential real estate property collateralizing a consumer mortgage loan, upon either (1) the creditor obtaining legal title to the residential real estate property upon completion of a foreclosure or (2) the borrower conveying all interest in the residential real estate property to the creditor to satisfy that loan through completion of a deed in lieu of foreclosure or through a similar legal agreement. This amendment is effective for fiscal years, and interim periods within those years, beginning after December 15, 2014, with early adoption and retrospective or prospective application permitted. This amended guidance became effective for us on January 1, 2015, and did not have a material impact on our consolidated operating results or financial condition. In May 2014, the FASB issued ASU 2014-09, “Revenue from Contracts with Customers (Topic 606) ”. In June 2014, the FASB issued ASU 2014-12, “Compensation – Stock Compensation (Topic 718) – Accounting for Share-Based Payments When the Terms of an Award Provide That a Performance Target Could Be Achieved After the Requisite Service Period”. This ASU amends existing guidance related to the accounting for share-based payments when the terms of an award provide that a performance target could be achieved after the requisite service period. These amendments require that a performance target that affects vesting and that could be achieved after the requisite service period be treated as a performance condition. The total amount of compensation cost recognized during and after the requisite service period should reflect the number of awards that are expected to vest and should be adjusted to reflect those awards that ultimately vest. The requisite service period ends when the employee can cease rendering service and still be eligible to vest in the award if the performance target is achieved. This amended guidance is effective for us on January 1, 2016, and is not expected to have a material impact on our consolidated operating results or financial condition.

Securities (Tables)

Securities (Tables)	6 Months Ended
	Jun. 30, 2015
Securities [Abstract]
Securities available for sale	Securities available for sale consist of the following: Amortized Unrealized Cost Gains Losses Fair Value (In thousands) June 30, 2015 U.S. agency $ 36,068 $ 231 $ 28 $ 36,271 U.S. agency residential mortgage-backed 216,466 1,868 354 217,980 U.S. agency commercial mortgage-backed 30,074 113 27 30,160 Private label residential mortgage-backed 5,644 187 371 5,460 Other asset backed 108,314 115 117 108,312 Obligations of states and political subdivisions 135,007 640 1,284 134,363 Corporate 22,582 63 10 22,635 Trust preferred 2,913 - 399 2,514 Total $ 557,068 $ 3,217 $ 2,590 $ 557,695 December 31, 2014 U.S. agency $ 34,936 $ 133 $ 63 $ 35,006 U.S. agency residential mortgage-backed 256,387 1,838 667 257,558 U.S. agency commercial mortgage-backed 33,779 68 119 33,728 Private label residential mortgage-backed 6,216 187 390 6,013 Other asset backed 32,314 77 38 32,353 Obligations of states and political subdivisions 143,698 961 1,244 143,415 Corporate 22,690 53 79 22,664 Trust preferred 2,910 - 469 2,441 Total $ 532,930 $ 3,317 $ 3,069 $ 533,178
Investments in a continuous unrealized loss position	Our investments’ gross unrealized losses and fair values aggregated by investment type and length of time that individual securities have been at a continuous unrealized loss position follows: Less Than Twelve Months Twelve Months or More Total Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses (In thousands) June 30, 2015 U.S. agency $ 9,564 $ 25 $ 760 $ 3 $ 10,324 $ 28 U.S. agency residential mortgage-backed 48,277 221 14,933 133 63,210 354 U.S. agency commercial mortgage-backed 10,921 21 1,342 6 12,263 27 Private label residential mortgage-backed 193 1 3,603 370 3,796 371 Other asset backed 35,787 69 5,691 48 41,478 117 Obligations of states and political subdivisions 35,965 355 29,252 929 65,217 1,284 Corporate 4,233 10 - - 4,233 10 Trust preferred - - 2,514 399 2,514 399 Total $ 144,940 $ 702 $ 58,095 $ 1,888 $ 203,035 $ 2,590 December 31, 2014 U.S. agency $ 12,851 $ 58 $ 606 $ 5 $ 13,457 $ 63 U.S. agency residential mortgage-backed 89,547 531 15,793 136 105,340 667 U.S. agency commercial mortgage-backed 21,325 119 - - 21,325 119 Private label residential mortgage-backed 208 1 4,013 389 4,221 390 Other asset backed 2,960 15 8,729 23 11,689 38 Obligations of states and political subdivisions 28,114 106 37,540 1,138 65,654 1,244 Corporate 8,660 79 - - 8,660 79 Trust preferred - - 2,441 469 2,441 469 Total $ 163,665 $ 909 $ 69,122 $ 2,160 $ 232,787 $ 3,069
Trust preferred securities	The following table breaks out our trust preferred securities in further detail as of June 30, 2015 and December 31, 2014: June 30, 2015 December 31, 2014 Fair Value Net Unrealized Loss Fair Value Net Unrealized Loss (In thousands) Trust preferred securities Rated issues $ 1,700 $ (213 ) $ 1,643 $ (267 ) Unrated issues 814 (186 ) 798 (202 )
Private label residential mortgage backed securities below investment grade	At June 30, 2015, three private label residential mortgage-backed securities had credit related OTTI and are summarized as follows: Senior Security Super Senior Security Senior Support Security Total (In thousands) As of June 30, 2015 Fair value $ 1,835 $ 1,466 $ 96 $ 3,397 Amortized cost 1,889 1,374 - 3,263 Non-credit unrealized loss 54 - - 54 Unrealized gain - 92 96 188 Cumulative credit related OTTI 757 457 380 1,594 Credit related OTTI recognized in our Condensed Consolidated Statements of Operations For the three months ended June 30, 2015 $ - $ - $ - $ - 2014 - - - - For the six months ended June 30, 2015 - - - - 2014 - - - -
Credit losses recognized in earnings on securities available for sale	A roll forward of credit losses recognized in earnings on securities available for sale for the three and six month periods ending June 30, follows: Three months ended June 30, Six months ended June 30, 2015 2014 2015 2014 (In thousands) Balance at beginning of period $ 1,844 $ 1,835 $ 1,844 $ 1,835 Additions to credit losses on securities for which no previous OTTI was recognized - - - - Increases to credit losses on securities for which OTTI was previously recognized - - - - Balance at end of period $ 1,844 $ 1,835 $ 1,844 $ 1,835
Amortized cost and fair value of securities available for sale by contractual maturity	The amortized cost and fair value of securities available for sale at June 30, 2015, by contractual maturity, follow: Amortized Cost Fair Value (In thousands) Maturing within one year $ 24,875 $ 24,904 Maturing after one year but within five years 59,355 59,631 Maturing after five years but within ten years 34,747 34,991 Maturing after ten years 77,593 76,257 196,570 195,783 U.S. agency residential mortgage-backed 216,466 217,980 U.S. agency commercial mortgage-backed 30,074 30,160 Private label residential mortgage-backed 5,644 5,460 Other asset backed 108,314 108,312 Total $ 557,068 $ 557,695
Gains and losses realized on sale of securities available for sale	A summary of proceeds from the sale of securities available for sale and gains and losses for the six month periods ending June 30, follows: Proceeds Realized Gains (1) Losses (In thousands) 2015 $ 11,786 $ 75 $ - 2014 5,126 2 - (1) Gains in 2014 exclude $0.053 million of unrealized gain related to a U.S. Treasury short position.

Loans (Tables)

Loans (Tables)	6 Months Ended
	Jun. 30, 2015
Loans [Abstract]
Analysis of allowance for loan losses by portfolio segment	An analysis of the allowance for loan losses by portfolio segment for the three months ended June 30, follows: Commercial Mortgage Installment Payment Plan Receivables Unallocated Total (In thousands) 2015 Balance at beginning of period $ 5,916 $ 12,081 $ 1,564 $ 62 $ 5,056 $ 24,679 Additions (deductions) Provision for loan losses 177 (101 ) (45 ) 3 (168 ) (134 ) Recoveries credited to allowance 652 319 284 - - 1,255 Loans charged against the allowance (38 ) (834 ) (342 ) - - (1,214 ) Balance at end of period $ 6,707 $ 11,465 $ 1,461 $ 65 $ 4,888 $ 24,586 2014 Balance at beginning of period $ 5,763 $ 17,000 $ 2,061 $ 87 $ 5,526 $ 30,437 Additions (deductions) Provision for loan losses (1,070 ) (579 ) (76 ) (6 ) (114 ) (1,845 ) Recoveries credited to allowance 2,138 400 352 1 - 2,891 Loans charged against the allowance (1,656 ) (1,279 ) (349 ) (2 ) - (3,286 ) Balance at end of period $ 5,175 $ 15,542 $ 1,988 $ 80 $ 5,412 $ 28,197 An analysis of the allowance for loan losses by portfolio segment for the six months ended June 30, follows: Commercial Mortgage Installment Payment Plan Receivables Unallocated Total (In thousands) 2015 Balance at beginning of period $ 5,445 $ 13,444 $ 1,814 $ 64 $ 5,223 $ 25,990 Additions (deductions) Provision for loan losses 505 (834 ) (130 ) 1 (335 ) (793 ) Recoveries credited to allowance 1,085 557 603 - - 2,245 Loans charged against the allowance (328 ) (1,702 ) (826 ) - - (2,856 ) Balance at end of period $ 6,707 $ 11,465 $ 1,461 $ 65 $ 4,888 $ 24,586 2014 Balance at beginning of period $ 6,827 $ 17,195 $ 2,246 $ 97 $ 5,960 $ 32,325 Additions (deductions) Provision for loan losses (563 ) (386 ) 100 (20 ) (548 ) (1,417 ) Recoveries credited to allowance 2,493 858 603 5 - 3,959 Loans charged against the allowance (3,582 ) (2,125 ) (961 ) (2 ) - (6,670 ) Balance at end of period $ 5,175 $ 15,542 $ 1,988 $ 80 $ 5,412 $ 28,197
Allowance for loan losses and recorded investment in loans by portfolio segment	Allowance for loan losses and recorded investment in loans by portfolio segment follows: Commercial Mortgage Installment Payment Plan Receivables Unallocated Total (In thousands) June 30, 2015 Allowance for loan losses Individually evaluated for impairment $ 3,531 $ 8,420 $ 584 $ - $ - $ 12,535 Collectively evaluated for impairment 3,176 3,045 877 65 4,888 12,051 Total ending allowance balance $ 6,707 $ 11,465 $ 1,461 $ 65 $ 4,888 $ 24,586 Loans Individually evaluated for impairment $ 31,802 $ 69,097 $ 6,248 $ - $ 107,147 Collectively evaluated for impairment 680,758 402,719 223,191 40,577 1,347,245 Total loans recorded investment 712,560 471,816 229,439 40,577 1,454,392 Accrued interest included in recorded investment 1,553 2,154 678 - 4,385 Total loans $ 711,007 $ 469,662 $ 228,761 $ 40,577 $ 1,450,007 December 31, 2014 Allowance for loan losses Individually evaluated for impairment $ 3,194 $ 9,311 $ 728 $ - $ - $ 13,233 Collectively evaluated for impairment 2,251 4,133 1,086 64 5,223 12,757 Total ending allowance balance $ 5,445 $ 13,444 $ 1,814 $ 64 $ 5,223 $ 25,990 Loans Individually evaluated for impairment $ 34,147 $ 72,340 $ 6,679 $ - $ 113,166 Collectively evaluated for impairment 658,423 402,458 200,368 40,001 1,301,250 Total loans recorded investment 692,570 474,798 207,047 40,001 1,414,416 Accrued interest included in recorded investment 1,615 2,170 669 - 4,454 Total loans $ 690,955 $ 472,628 $ 206,378 $ 40,001 $ 1,409,962
Loans on non-accrual status and past due more than 90 days	Loans on non-accrual status and past due more than 90 days (“Non-performing Loans”) follow: 90+ and Still Accruing Non- Accrual Total Non- Performing (In thousands) June 30, 2015 Commercial Income producing - real estate $ - $ 1,151 $ 1,151 Land, land development and construction - real estate - 552 552 Commercial and industrial 64 2,467 2,531 Mortgage 1-4 family - 5,200 5,200 Resort lending - 1,268 1,268 Home equity - 1st lien - 257 257 Home equity - 2nd lien - 187 187 Installment Home equity - 1st lien - 210 210 Home equity - 2nd lien - 475 475 Loans not secured by real estate - 486 486 Other - 3 3 Payment plan receivables Full refund - 8 8 Partial refund - 8 8 Other - 2 2 Total recorded investment $ 64 $ 12,274 $ 12,338 Accrued interest included in recorded investment $ 1 $ - $ 1 December 31, 2014 Commercial Income producing - real estate $ - $ 1,233 $ 1,233 Land, land development and construction - real estate - 594 594 Commercial and industrial - 2,746 2,746 Mortgage 1-4 family 7 5,945 5,952 Resort lending - 2,168 2,168 Home equity - 1st lien - 331 331 Home equity - 2nd lien - 605 605 Installment Home equity - 1st lien - 576 576 Home equity - 2nd lien - 517 517 Loans not secured by real estate - 454 454 Other - 48 48 Payment plan receivables Full refund - 2 2 Partial refund - 12 12 Other - - - Total recorded investment $ 7 $ 15,231 $ 15,238 Accrued interest included in recorded investment $ - $ - $ -
Aging analysis of loans by class	An aging analysis of loans by class follows: Loans Past Due Loans not Total 30-59 days 60-89 days 90+ days Total Past Due Loans (In thousands) June 30, 2015 Commercial Income producing - real estate $ 112 $ 26 $ 720 $ 858 $ 258,349 $ 259,207 Land, land development and construction - real estate 11 - 210 221 35,763 35,984 Commercial and industrial 787 - 114 901 416,468 417,369 Mortgage 1-4 family 1,180 865 5,200 7,245 274,036 281,281 Resort lending 298 - 1,268 1,566 118,719 120,285 Home equity - 1st lien 29 35 257 321 22,322 22,643 Home equity - 2nd lien 239 180 187 606 47,001 47,607 Installment Home equity - 1st lien 416 187 210 813 18,887 19,700 Home equity - 2nd lien 228 38 475 741 24,244 24,985 Loans not secured by real estate 248 73 486 807 181,746 182,553 Other 3 2 3 8 2,193 2,201 Payment plan receivables Full refund 545 157 8 710 23,810 24,520 Partial refund 585 89 8 682 9,778 10,460 Other 82 21 2 105 5,492 5,597 Total recorded investment $ 4,763 $ 1,673 $ 9,148 $ 15,584 $ 1,438,808 $ 1,454,392 Accrued interest included in recorded investment $ 32 $ 22 $ 1 $ 55 $ 4,330 $ 4,385 December 31, 2014 Commercial Income producing - real estate $ 89 $ - $ 214 $ 303 $ 252,763 $ 253,066 Land, land development and construction - real estate 131 - 223 354 33,984 34,338 Commercial and industrial 2,391 279 209 2,879 402,287 405,166 Mortgage 1-4 family 1,877 1,638 5,952 9,467 269,719 279,186 Resort lending 226 - 2,168 2,394 126,342 128,736 Home equity - 1st lien 39 50 331 420 19,782 20,202 Home equity - 2nd lien 711 89 605 1,405 45,269 46,674 Installment Home equity - 1st lien 466 37 576 1,079 20,995 22,074 Home equity - 2nd lien 369 81 517 967 28,125 29,092 Loans not secured by real estate 589 231 454 1,274 152,115 153,389 Other 15 3 48 66 2,426 2,492 Payment plan receivables Full refund 838 214 2 1,054 26,799 27,853 Partial refund 409 123 12 544 6,550 7,094 Other 96 24 - 120 4,934 5,054 Total recorded investment $ 8,246 $ 2,769 $ 11,311 $ 22,326 $ 1,392,090 $ 1,414,416 Accrued interest included in recorded investment $ 55 $ 29 $ - $ 84 $ 4,370 $ 4,454
Impaired loans	Impaired loans are as follows: June 30, December 31, Impaired loans with no allocated allowance (In thousands) TDR $ 9,074 $ 9,325 Non - TDR 283 299 Impaired loans with an allocated allowance TDR - allowance based on collateral 4,439 5,879 TDR - allowance based on present value cash flow 90,814 94,970 Non - TDR - allowance based on collateral 2,190 2,296 Non - TDR - allowance based on present value cash flow - - Total impaired loans $ 106,800 $ 112,769 Amount of allowance for loan losses allocated TDR - allowance based on collateral $ 1,655 $ 2,025 TDR - allowance based on present value cash flow 9,430 10,188 Non - TDR - allowance based on collateral 1,450 1,020 Non - TDR - allowance based on present value cash flow - - Total amount of allowance for loan losses allocated $ 12,535 $ 13,233 Impaired loans by class are as follows (1): June 30, 2015 December 31, 2014 Recorded Investment Unpaid Principal Balance Related Allowance Recorded Investment Unpaid Principal Balance Related Allowance With no related allowance recorded: (In thousands) Commercial Income producing - real estate $ 5,488 $ 5,717 $ - $ 5,868 $ 6,077 $ - Land, land development & construction-real estate 1,012 1,579 - 1,051 1,606 - Commercial and industrial 2,859 2,839 - 2,685 2,667 - Mortgage 1-4 family 25 169 - - 49 - Resort lending - - - 48 397 - Home equity - 1st lien - - - - - - Home equity - 2nd lien - - - - - - Installment Home equity - 1st lien - 37 - - 40 - Home equity - 2nd lien - - - - - - Loans not secured by real estate - - - - - - Other - - - - - - 9,384 10,341 - 9,652 10,836 - With an allowance recorded: Commercial Income producing - real estate 12,895 13,881 767 12,836 13,797 689 Land, land development & construction-real estate 1,925 2,013 374 3,456 3,528 499 Commercial and industrial 7,623 7,870 2,390 8,251 8,486 2,006 Mortgage 1-4 family 50,166 52,274 5,562 53,206 56,063 6,195 Resort lending 18,499 18,761 2,830 18,799 18,963 3,075 Home equity - 1st lien 158 174 11 162 177 14 Home equity - 2nd lien 249 328 17 125 205 27 Installment Home equity - 1st lien 2,514 2,688 156 2,744 2,930 219 Home equity - 2nd lien 3,066 3,079 367 3,212 3,215 419 Loans not secured by real estate 658 767 60 711 835 89 Other 10 10 1 12 12 1 97,763 101,845 12,535 103,514 108,211 13,233 Total Commercial Income producing - real estate 18,383 19,598 767 18,704 19,874 689 Land, land development & construction-real estate 2,937 3,592 374 4,507 5,134 499 Commercial and industrial 10,482 10,709 2,390 10,936 11,153 2,006 Mortgage 1-4 family 50,191 52,443 5,562 53,206 56,112 6,195 Resort lending 18,499 18,761 2,830 18,847 19,360 3,075 Home equity - 1st lien 158 174 11 162 177 14 Home equity - 2nd lien 249 328 17 125 205 27 Installment Home equity - 1st lien 2,514 2,725 156 2,744 2,970 219 Home equity - 2nd lien 3,066 3,079 367 3,212 3,215 419 Loans not secured by real estate 658 767 60 711 835 89 Other 10 10 1 12 12 1 Total $ 107,147 $ 112,186 $ 12,535 $ 113,166 $ 119,047 $ 13,233 Accrued interest included in recorded investment $ 347 $ 397 (1) There were no impaired payment plan receivables at June 30, 2015 or December 31, 2014.
Average recorded investment in and interest income earned on impaired loans by class	Average recorded investment in and interest income earned on impaired loans by class for the three month periods ending June 30, follows (1): 2015 2014 Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized With no related allowance recorded: (In thousands) Commercial Income producing - real estate $ 5,658 $ 50 $ 8,403 $ 86 Land, land development & construction-real estate 1,021 15 821 15 Commercial and industrial 2,855 37 3,352 26 Mortgage 1-4 family 25 2 33 - Resort lending 7 - 35 - Home equity - 1st lien - - - - Home equity - 2nd lien - - - - Installment Home equity - 1st lien - 1 - 1 Home equity - 2nd lien - - - - Loans not secured by real estate - - - - Other - - - - 9,566 105 12,644 128 With an allowance recorded: Commercial Income producing - real estate 12,878 163 12,780 141 Land, land development & construction-real estate 1,943 13 4,418 40 Commercial and industrial 7,863 67 8,615 80 Mortgage 1-4 family 50,931 539 56,778 589 Resort lending 18,482 173 19,485 195 Home equity - 1st lien 160 2 160 2 Home equity - 2nd lien 185 4 40 - Installment Home equity - 1st lien 2,576 44 2,861 44 Home equity - 2nd lien 3,101 49 3,453 48 Loans not secured by real estate 668 9 715 7 Other 11 1 15 1 98,798 1,064 109,320 1,147 Total Commercial Income producing - real estate 18,536 213 21,183 227 Land, land development & construction-real estate 2,964 28 5,239 55 Commercial and industrial 10,718 104 11,967 106 Mortgage 1-4 family 50,956 541 56,811 589 Resort lending 18,489 173 19,520 195 Home equity - 1st lien 160 2 160 2 Home equity - 2nd lien 185 4 40 - Installment Home equity - 1st lien 2,576 45 2,861 45 Home equity - 2nd lien 3,101 49 3,453 48 Loans not secured by real estate 668 9 715 7 Other 11 1 15 1 Total $ 108,364 $ 1,169 $ 121,964 $ 1,275 (1) There were no impaired payment plan receivables during the three month periods ended June 30, 2015 and 2014, respectively. Average recorded investment in and interest income earned on impaired loans by class for the six month periods ending June 30, follows (1): 2015 2014 Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized With no related allowance recorded: (In thousands) Commercial Income producing - real estate $ 5,728 $ 103 $ 7,949 $ 186 Land, land development & construction-real estate 1,031 49 1,276 28 Commercial and industrial 2,798 74 3,605 66 Mortgage 1-4 family 17 2 24 - Resort lending 20 - 35 - Home equity line of credit - 1st lien - - - - Home equity line of credit - 2nd lien - - - - Installment Home equity installment - 1st lien - 1 - 1 Home equity installment - 2nd lien - - - - Loans not secured by real estate - - - - Other - - - - 9,594 229 12,889 281 With an allowance recorded: Commercial Income producing - real estate 12,864 320 13,366 281 Land, land development & construction-real estate 2,447 27 4,067 82 Commercial and industrial 7,992 133 8,871 158 Mortgage 1-4 family 51,689 1,090 57,056 1,219 Resort lending 18,587 344 19,713 386 Home equity line of credit - 1st lien 160 4 158 3 Home equity line of credit - 2nd lien 165 6 41 1 Installment Home equity installment - 1st lien 2,632 94 2,894 89 Home equity installment - 2nd lien 3,138 100 3,419 97 Loans not secured by real estate 682 19 724 17 Other 11 1 15 1 100,367 2,138 110,324 2,334 Total Commercial Income producing - real estate 18,592 423 21,315 467 Land, land development & construction-real estate 3,478 76 5,343 110 Commercial and industrial 10,790 207 12,476 224 Mortgage 1-4 family 51,706 1,092 57,080 1,219 Resort lending 18,607 344 19,748 386 Home equity line of credit - 1st lien 160 4 158 3 Home equity line of credit - 2nd lien 165 6 41 1 Installment Home equity installment - 1st lien 2,632 95 2,894 90 Home equity installment - 2nd lien 3,138 100 3,419 97 Loans not secured by real estate 682 19 724 17 Other 11 1 15 1 Total $ 109,961 $ 2,367 $ 123,213 $ 2,615 (1) There were no impaired payment plan receivables during the six month periods ended June 30, 2015 and 2014, respectively.
Troubled debt restructurings	Troubled debt restructurings follow: June 30, 2015 Commercial Retail Total (In thousands) Performing TDRs $ 27,540 $ 70,576 $ 98,116 Non-performing TDRs(1) 1,698 4,513 (2) 6,211 Total $ 29,238 $ 75,089 $ 104,327 December 31, 2014 Commercial Retail Total (In thousands) Performing TDRs $ 29,475 $ 73,496 $ 102,971 Non-performing TDRs(1) 1,978 5,225 (2) 7,203 Total $ 31,453 $ 78,721 $ 110,174 (1) Included in non-performing loans table above. (2) Also includes loans on non-accrual at the time of modification until six payments are received on a timely basis.
Troubled debt restructuring during the period	Loans that have been classified as troubled debt restructurings during the three-month periods ended Number of Contracts Pre-modification Recorded Balance Post-modification Recorded Balance (Dollars in thousands) 2015 Commercial Income producing - real estate 1 $ 73 $ 73 Land, land development & construction-real estate - - - Commercial and industrial 1 17 17 Mortgage 1-4 family 1 25 40 Resort lending 1 313 309 Home equity - 1st lien - - - Home equity - 2nd lien - - - Installment Home equity - 1st lien 1 23 24 Home equity - 2nd lien 3 58 58 Loans not secured by real estate 1 - 6 Other - - - Total 9 $ 509 $ 527 2014 Commercial Income producing - real estate 1 $ 141 $ 122 Land, land development & construction-real estate 1 15 15 Commercial and industrial 2 1,177 1,439 Mortgage 1-4 family 3 226 229 Resort lending 1 339 341 Home equity - 1st lien 1 17 14 Home equity - 2nd lien - - - Installment Home equity - 1st lien 2 314 294 Home equity - 2nd lien 2 73 72 Loans not secured by real estate - - - Other - - - Total 13 $ 2,302 $ 2,526 Loans that have been classified as troubled debt restructurings during the six-month periods ended Number of Contracts Pre-modification Recorded Balance Post-modification Recorded Balance (Dollars in thousands) 2015 Commercial Income producing - real estate 2 $ 229 $ 234 Land, land development & construction-real estate - - - Commercial and industrial 3 253 247 Mortgage 1-4 family 6 1,030 845 Resort lending 1 313 309 Home equity - 1st lien - - - Home equity - 2nd lien - - - Installment Home equity - 1st lien 5 190 164 Home equity - 2nd lien 3 58 58 Loans not secured by real estate 1 - 6 Other - - - Total 21 $ 2,073 $ 1,863 2014 Commercial Income producing - real estate 3 $ 354 $ 332 Land, land development & construction-real estate 1 15 15 Commercial and industrial 6 1,367 1,628 Mortgage 1-4 family 7 950 968 Resort lending 3 633 634 Home equity - 1st lien 1 17 14 Home equity - 2nd lien - - - Installment Home equity - 1st lien 5 420 372 Home equity - 2nd lien 5 294 292 Loans not secured by real estate 2 33 29 Other - - - Total 33 $ 4,083 $ 4,284
Troubled debt restructuring during the past twelve months that subsequently defaulted	Loans that have been classified as troubled debt restructurings during the past twelve months and that Number of Contracts Recorded Balance (Dollars in thousands) 2015 Commercial Income producing - real estate - $ - Land, land development & construction-real estate - - Commercial and industrial 1 65 Mortgage 1-4 family - - Resort lending - - Home equity - 1st lien - - Home equity - 2nd lien - - Installment Home equity - 1st lien - - Home equity - 2nd lien - - Loans not secured by real estate 1 4 Other - - 2 $ 69 2014 Commercial Income producing - real estate - $ - Land, land development & construction-real estate - - Commercial and industrial 1 253 Mortgage 1-4 family - - Resort lending - - Home equity - 1st lien - - Home equity - 2nd lien - - Installment Home equity - 1st lien - - Home equity - 2nd lien - - Loans not secured by real estate - - Other - - 1 $ 253 Loans that have been classified as troubled debt restructurings during the past twelve months and that Number of Contracts Recorded Balance (Dollars in thousands) 2015 Commercial Income producing - real estate - $ - Land, land development & construction-real estate - - Commercial and industrial 2 157 Mortgage 1-4 family - - Resort lending - - Home equity - 1st lien - - Home equity - 2nd lien - - Installment Home equity - 1st lien - - Home equity - 2nd lien - - Loans not secured by real estate 1 4 Other - - 3 $ 161 2014 Commercial Income producing - real estate - $ - Land, land development & construction-real estate - - Commercial and industrial 1 253 Mortgage 1-4 family - - Resort lending - - Home equity - 1st lien - - Home equity - 2nd lien - - Installment Home equity - 1st lien - - Home equity - 2nd lien - - Loans not secured by real estate - - Other - - 1 $ 253
Summary of loan ratings by loan class	The following table summarizes loan ratings by loan class for our commercial loan segment: Commercial Non-watch 1-6 Watch Substandard Accrual 9 Non- Accrual 10-11 Total (In thousands) June 30, 2015 Income producing - real estate $ 244,392 $ 7,606 $ 6,058 $ 1,151 $ 259,207 Land, land development and construction - real estate 31,811 3,370 251 552 35,984 Commercial and industrial 374,628 35,160 5,114 2,467 417,369 Total $ 650,831 $ 46,136 $ 11,423 $ 4,170 $ 712,560 Accrued interest included in total $ 1,377 $ 146 $ 30 $ - $ 1,553 December 31, 2014 Income producing - real estate $ 241,266 $ 8,649 $ 1,918 $ 1,233 $ 253,066 Land, land development and construction - real estate 30,869 2,485 390 594 34,338 Commercial and industrial 372,947 23,475 5,998 2,746 405,166 Total $ 645,082 $ 34,609 $ 8,306 $ 4,573 $ 692,570 Accrued interest included in total $ 1,479 $ 111 $ 25 $ - $ 1,615 The following tables summarize credit scores by loan class for our mortgage and installment loan segments: Mortgage (1) 1-4 Family Resort Lending Home Equity 1st Lien Home Equity 2nd Lien Total (In thousands) June 30, 2015 800 and above $ 28,612 $ 12,812 $ 4,853 $ 6,646 $ 52,923 750-799 76,395 43,145 6,796 14,533 140,869 700-749 51,900 34,511 3,825 11,073 101,309 650-699 54,494 16,971 3,475 7,826 82,766 600-649 29,328 5,872 1,813 3,784 40,797 550-599 17,245 2,566 648 1,948 22,407 500-549 14,357 1,266 787 1,133 17,543 Under 500 4,351 997 210 406 5,964 Unknown 4,599 2,145 236 258 7,238 Total $ 281,281 $ 120,285 $ 22,643 $ 47,607 $ 471,816 Accrued interest included in total $ 1,349 $ 510 $ 95 $ 200 $ 2,154 December 31, 2014 800 and above $ 27,918 $ 14,484 $ 3,863 $ 6,225 $ 52,490 750-799 72,674 45,950 6,128 14,323 139,075 700-749 52,843 32,660 3,054 9,642 98,199 650-699 51,664 20,250 3,257 8,194 83,365 600-649 27,770 6,538 1,704 3,862 39,874 550-599 21,361 3,639 994 1,721 27,715 500-549 14,575 2,156 699 1,401 18,831 Under 500 6,306 875 261 632 8,074 Unknown 4,075 2,184 242 674 7,175 Total $ 279,186 $ 128,736 $ 20,202 $ 46,674 $ 474,798 Accrued interest included in total $ 1,311 $ 562 $ 88 $ 209 $ 2,170 (1) Credit scores have been updated within the last twelve months. Installment(1) Home Equity 1st Lien Home Equity 2nd Lien Loans not Secured by Real Estate Other Total (In thousands) June 30, 2015 800 and above $ 2,189 $ 2,377 $ 39,189 $ 73 $ 43,828 750-799 4,762 7,711 81,899 557 94,929 700-749 2,816 5,259 34,688 594 43,357 650-699 3,987 4,413 15,871 498 24,769 600-649 2,299 2,452 5,014 263 10,028 550-599 2,002 1,581 2,223 122 5,928 500-549 800 875 1,062 53 2,790 Under 500 780 301 502 12 1,595 Unknown 65 16 2,105 29 2,215 Total $ 19,700 $ 24,985 $ 182,553 $ 2,201 $ 229,439 Accrued interest included in total $ 76 $ 89 $ 496 $ 17 $ 678 December 31, 2014 800 and above $ 2,272 $ 2,835 $ 31,507 $ 60 $ 36,674 750-799 5,677 8,557 66,558 583 81,375 700-749 3,111 6,358 28,179 689 38,337 650-699 3,963 5,477 16,152 615 26,207 600-649 3,434 2,408 5,128 255 11,225 550-599 2,019 1,913 1,896 134 5,962 500-549 1,128 1,036 1,672 84 3,920 Under 500 393 427 455 28 1,303 Unknown 77 81 1,842 44 2,044 Total $ 22,074 $ 29,092 $ 153,389 $ 2,492 $ 207,047 Accrued interest included in total $ 93 $ 112 $ 445 $ 19 $ 669 (1) Credit scores have been updated within the last twelve months. The following table summarizes credit ratings of insurer or risk retention group counterparties by class of payment plan receivable: Payment Plan Receivables Full Refund Partial Refund Other Total (In thousands) June 30, 2015 AM Best rating A+ $ - $ 17 $ - $ 17 A 4,850 9,674 - 14,524 A- 2,779 671 5,585 9,035 Not rated 16,891 98 12 17,001 Total $ 24,520 $ 10,460 $ 5,597 $ 40,577 December 31, 2014 AM Best rating A+ $ - $ 43 $ - $ 43 A 10,007 6,190 - 16,197 A- 1,989 685 5,054 7,728 Not rated 15,857 176 - 16,033 Total $ 27,853 $ 7,094 $ 5,054 $ 40,001

Segments (Tables)

Segments (Tables)	6 Months Ended
	Jun. 30, 2015
Segments [Abstract]
Summary of selected financial information for reportable segments	A summary of selected financial information for our reportable segments follows: IB Mepco Other (1) Elimination (2) Total (In thousands) Total assets June 30, 2015 $ 2,214,504 $ 63,314 $ 289,977 $ (278,841 ) $ 2,288,954 December 31, 2014 2,174,536 63,378 286,158 (275,342 ) 2,248,730 For the three months ended June 30, 2015 Interest income $ 18,701 $ 1,430 $ 20 $ (20 ) $ 20,131 Net interest income 17,717 1,218 (234 ) - 18,701 Provision for loan losses (138 ) 4 - - (134 ) Income (loss) before income tax 8,843 (221 ) (356 ) (23 ) 8,243 Net income (loss) 5,935 (77 ) (225 ) (14 ) 5,619 2014 Interest income $ 18,511 $ 1,846 $ 16 $ (16 ) $ 20,357 Net interest income 17,384 1,480 (326 ) - 18,538 Provision for loan losses (1,838 ) (7 ) - - (1,845 ) Income (loss) before income tax 8,014 305 (397 ) (23 ) 7,899 Net income (loss) 6,115 201 (136 ) (128 ) 6,052 For the six months ended June 30, 2015 Interest income $ 36,922 $ 2,761 $ 40 $ (40 ) $ 39,683 Net interest income 34,900 2,353 (461 ) - 36,792 Provision for loan losses (794 ) 1 - - (793 ) Income (loss) before income tax 15,102 (512 ) (739 ) (47 ) 13,804 Net income (loss) 10,168 (269 ) (469 ) (30 ) 9,400 2014 Interest income $ 36,709 $ 3,931 $ 16 $ (16 ) $ 40,640 Net interest income 34,467 3,162 (613 ) - 37,016 Provision for loan losses (1,395 ) (22 ) - - (1,417 ) Income (loss) before income tax 12,692 661 (802 ) (47 ) 12,504 Net income (loss) 9,297 444 (399 ) (152 ) 9,190 (1) Includes amounts relating to our parent company and certain insignificant operations. (2) Includes parent company's investment in subsidiaries and cash balances maintained at subsidiary.

Shareholders' Equity and Earn27

Shareholders' Equity and Earnings Per Common Share (Tables)	6 Months Ended
	Jun. 30, 2015
Shareholders' Equity and Earnings Per Common Share [Abstract]
Reconciliation of basic and diluted net income per share	A reconciliation of basic and diluted net income per common share follows: Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 (In thousands, except per share amounts) Net income $ 5,619 $ 6,052 $ 9,400 $ 9,190 Weighted average shares outstanding (1) 22,889 22,928 22,943 22,908 Restricted stock units 310 305 310 304 Effect of stock options 120 126 120 126 Stock units for deferred compensation plan for non-employee directors 111 107 111 116 Weighted average shares outstanding for calculation of diluted earnings per share 23,430 23,466 23,484 23,454 Net income per common share Basic (1) $ 0.25 $ 0.26 $ 0.41 $ 0.40 Diluted $ 0.24 $ 0.26 $ 0.40 $ 0.39 (1) Basic net income per common share includes weighted average common shares outstanding during the period and participating share awards.

Derivative Financial Instrume28

Derivative Financial Instruments (Tables)	6 Months Ended
	Jun. 30, 2015
Derivative Financial Instruments [Abstract]
Derivative financial instruments according to type of hedge designation	Our derivative financial instruments according to the type of hedge in which they are designated follows: June 30, 2015 Notional Amount Average Maturity (years) Fair Value (Dollars in thousands) No hedge designation Rate-lock mortgage loan commitments $ 22,118 0.1 $ 542 Mandatory commitments to sell mortgage loans 53,935 0.1 336 Pay-fixed interest rate swap agreements 19,888 7.5 (222 ) Pay-variable interest rate swap agreements 19,888 7.5 222 Total $ 115,829 2.6 $ 878 December 31, 2014 Notional Amount Average Maturity (years) Fair Value (Dollars in thousands) No hedge designation Rate-lock mortgage loan commitments $ 16,759 0.1 $ 437 Mandatory commitments to sell mortgage loans 38,600 0.1 (184 ) Pay-fixed interest rate swap agreements 3,300 9.4 (182 ) Pay-variable interest rate swap agreements 3,300 9.4 182 Total $ 61,959 1.1 $ 253
Fair value of derivative instruments	Fair Values of Derivative Instruments Asset Derivatives Liability Derivatives June 30, 2015 December 31, 2014 June 30, 2015 December 31, 2014 Balance Sheet Location Fair Value Balance Sheet Location Fair Value Balance Sheet Location Fair Value Balance Sheet Location Fair Value (In thousands) Derivatives not designated as hedging instruments Rate-lock mortgage loan commitments Other assets $ 542 Other assets $ 437 Other liabilities $ - Other liabilities $ - Mandatory commitments to sell mortgage loans Other assets 336 Other assets - Other liabilities - Other liabilities 184 Pay-fixed interest rate swap agreements Other assets - Other assets - Other liabilities 222 Other liabilities 182 Pay-variable interest rate swap agreements Other assets 222 Other assets 182 Other liabilities - Other liabilities - Total derivatives $ 1,100 $ 619 $ 222 $ 366
Effect of derivative financial instruments on condensed consolidated statement of operation	The effect of derivative financial instruments on the Condensed Consolidated Statements of Operations follows: Three Month Periods Ended June 30, Gain (Loss) Recognized in Other Comprehensive Income (Loss) (Effective Portion) Location of Gain (Loss) Reclassified from Accumulated Other Comprehensive Income into Income (Effective Gain (Loss) Reclassified from Accumulated Other Comprehensive Loss into Income (Effective Portion) Location of Gain (Loss) Recognized Gain (Loss) Recognized in Income 2015 2014 Portion) 2015 2014 in Income (1) 2015 2014 (In thousands) Cash Flow Hedges Pay-fixed interest rate swap agreements (2) $ - $ - Interest expense $ - $ (95 ) $ - $ - Total $ - $ - $ - $ (95 ) $ - $ - No hedge designation Rate-lock mortgage loan commitments Net mortgage loan gains $ (283 ) $ 238 Mandatory commitments to sell mortgage loans Net mortgage loan gains 559 (271 ) Pay-fixed interest rate swap agreements Interest income 221 (99 ) Pay-variable interest rate swap agreements Interest income (221 ) 99 U.S. Treasury short position Gain on securities - 52 Total $ 276 $ 19 (1) For cash flow hedges, this location and amount refers to the ineffective portion. (2) Relates to a terminated pay-fixed interest rate swap whose termination fee was included in accumulated other comprehensive income and was being amortized into earnings through December 31, 2014. Six Month Periods Ended June 30, Gain (Loss) Recognized in Other Comprehensive Income (Loss) (Effective Portion) Location of Gain (Loss) Reclassified from Accumulated Other Comprehensive Income into Income (Effective Gain (Loss) Reclassified from Accumulated Other Comprehensive Loss into Income (Effective Portion) Location of Gain (Loss) Recognized Gain (Loss) Recognized in Income 2015 2014 Portion) 2015 2014 in Income (1) 2015 2014 (In thousands) Cash Flow Hedges Pay-fixed interest rate swap agreements (2) $ - $ - Interest expense $ - $ (190 ) $ - $ - Total $ - $ - $ - $ (190 ) $ - $ - No hedge designation Rate-lock mortgage loan commitments Net mortgage loan gains $ 105 $ 224 Mandatory commitments to sell mortgage loans Net mortgage loan gains 520 (354 ) Pay-fixed interest rate swap agreements Interest income (40 ) (99 ) Pay-variable interest rate swap agreements Interest income 40 99 U.S. Treasury short position Gain on securities - 52 Total $ 625 $ (78 ) (1) For cash flow hedges, this location and amount refers to the ineffective portion. (2) Relates to a terminated pay-fixed interest rate swap whose termination fee was included in accumulated other comprehensive income and was being amortized into earnings through December 31, 2014.

Intangible Assets (Tables)

Intangible Assets (Tables)	6 Months Ended
	Jun. 30, 2015
Intangible Assets [Abstract]
Other intangible assets, net of amortization	The following table summarizes intangible assets, net of amortization: June 30, 2015 December 31, 2014 Gross Carrying Amount Accumulated Amortization Gross Carrying Amount Accumulated Amortization (In thousands) Amortized intangible assets - core deposits $ 6,118 $ 3,665 $ 6,118 $ 3,491
Estimated amortization of other intangible assets	Amortization of other intangibles has been estimated through 2020 and thereafter in the following table. (In thousands) Six months ending December 31, 2015 $ 173 2016 347 2017 346 2018 346 2019 346 2020 and thereafter 895 Total $ 2,453

Share Based Compensation (Table

Share Based Compensation (Tables)	6 Months Ended
	Jun. 30, 2015
Share Based Compensation [Abstract]
Summary of outstanding stock option grants and transactions	A summary of outstanding stock option grants and related transactions follows: Number of Shares Average Exercise Price Weighted- Average Remaining Contractual Term (Years) Aggregated Intrinsic Value (In thousands) Outstanding at January 1, 2015 281,820 $ 4.69 Granted - Exercised (24,774 ) 3.33 Forfeited (1,531 ) 4.72 Expired (757 ) 13.81 Outstanding at June 30, 2015 254,758 $ 4.80 6.59 $ 2,293 Vested and expected to vest at June 30, 2015 252,880 $ 4.79 6.58 $ 2,278 Exercisable at June 30, 2015 198,882 $ 4.96 6.34 $ 1,772
Summary of non-vested restricted stock, restricted stock units and PSU's	A summary of outstanding non-vested restricted stock, restricted stock units and PSUs and related transactions follows: Number of Shares Weighted- Average Grant Date Fair Value Outstanding at January 1, 2015 407,130 $ 6.31 Granted 107,156 13.04 Vested (22,119 ) 12.78 Forfeited (3,380 ) 12.93 Outstanding at June 30, 2015 488,787 $ 7.45
Information regarding options exercised	Certain information regarding options exercised during the periods follows: Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 (In thousands) Intrinsic value $ 187 $ 93 $ 243 $ 108 Cash proceeds received $ 67 $ 26 $ 82 $ 36 Tax benefit realized $ 65 $ 32 $ 85 $ 37

Regulatory Matters (Tables)

Regulatory Matters (Tables)	6 Months Ended
	Jun. 30, 2015
Regulatory Matters [Abstract]
Actual capital amounts and ratios	Our actual capital amounts and ratios follow: Actual Minimum for Adequately Capitalized Institutions Minimum for Well-Capitalized Institutions Amount Ratio Amount Ratio Amount Ratio (Dollars in thousands) June 30, 2015 Total capital to risk-weighted assets Consolidated $ 275,836 17.33 % $ 127,340 8.00 % NA NA Independent Bank 245,543 15.45 127,178 8.00 $ 158,972 10.00 % Tier 1 capital to risk-weighted assets Consolidated $ 255,639 16.06 % $ 95,505 6.00 % NA NA Independent Bank 225,439 14.18 95,383 6.00 $ 127,178 8.00 % Common equity tier 1 capital to risk-weighted assets Consolidated $ 240,247 15.09 % $ 71,629 4.50 % NA NA Independent Bank 225,439 14.18 71,538 4.50 $ 103,332 6.50 % Tier 1 capital to average assets Consolidated $ 255,639 11.32 % $ 90,357 4.00 % NA NA Independent Bank 225,439 9.99 90,283 4.00 $ 112,853 5.00 % December 31, 2014 Total capital to risk-weighted assets Consolidated $ 265,163 18.06 % $ 117,427 8.00 % NA NA Independent Bank 247,883 16.90 117,374 8.00 $ 146,718 10.00 % Tier 1 capital to risk-weighted assets Consolidated $ 246,628 16.80 % $ 58,714 4.00 % NA NA Independent Bank 229,361 15.63 58,687 4.00 $ 88,031 6.00 % Tier 1 capital to average assets Consolidated $ 246,628 11.18 % $ 88,206 4.00 % NA NA Independent Bank 229,361 10.46 87,687 4.00 $ 109,609 5.00 % NA - Not applicable
Components of regulatory capital	The components of our regulatory capital are as follows: Consolidated Independent Bank June 30, 2015 December 31, 2014 June 30, 2015 December 31, 2014 (In thousands) Total shareholders' equity $ 254,375 $ 250,371 $ 249,477 $ 257,832 Add (deduct) Accumulated other comprehensive (gain) loss for regulatory purposes (408 ) 5,636 (408 ) 5,636 Intangible assets (981 ) (2,627 ) (981 ) (2,627 ) Disallowed deferred tax assets (12,739 ) (40,500 ) (22,649 ) (30,728 ) Disallowed capitalized mortgage loan servicing rights - (752 ) - (752 ) Common equity tier 1 capital 240,247 212,128 225,439 229,361 Qualifying trust preferred securities 34,500 34,500 - - Disallowed deferred tax assets (19,108 ) - - - Tier 1 capital 255,639 246,628 225,439 229,361 Allowance for loan losses and allowance for unfunded lending commitments limited to 1.25% of total risk-weighted assets 20,197 18,535 20,104 18,522 Total risk-based capital $ 275,836 $ 265,163 $ 245,543 $ 247,883

Fair Value Disclosures (Tables)

Fair Value Disclosures (Tables)	6 Months Ended
	Jun. 30, 2015
Fair Value Disclosures [Abstract]
Assets and liabilities measured at fair value	Assets and liabilities measured at fair value, including financial assets for which we have elected the fair value option, were as follows: Fair Value Measurements Using Fair Value Measure- ments Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Un- observable Inputs (Level 3) (In thousands) June 30, 2015: Measured at Fair Value on a Recurring Basis: Assets Trading securities $ 180 $ 180 $ - $ - Securities available for sale U.S. agency 36,271 - 36,271 - U.S. agency residential mortgage-backed 217,980 - 217,980 - U.S. agency commercial mortgage-backed 30,160 - 30,160 - Private label residential mortgage-backed 5,460 - 5,460 - Other asset backed 108,312 - 108,312 - Obligations of states and political subdivisions 134,363 - 134,363 - Corporate 22,635 - 22,635 - Trust preferred 2,514 - 2,514 - Loans held for sale 30,518 - 30,518 - Derivatives (1) 1,100 - 1,100 - Liabilities Derivatives (2) 222 - 222 - Measured at Fair Value on a Non-recurring basis: Assets Capitalized mortgage loan servicing rights (3) 8,895 - - 8,895 Impaired loans (4) Commercial Income producing - real estate 852 - - 852 Land, land development & construction-real estate 126 - - 126 Commercial and industrial 1,774 - - 1,774 Mortgage 1-4 Family 631 - - 631 Resort Lending 141 - - 141 Other real estate (5) Commercial Land, land development & construction-real estate 639 - - 639 Commercial and industrial 165 - - 165 Mortgage 1-4 Family 135 - - 135 Resort Lending 251 - - 251 Home equity - 1st lien 10 - - 10 Installment Home equity - 1st lien 43 - - 43 (1) Included in accrued income and other assets (2) Included in accrued expenses and other liabilities (3) Only includes servicing rights that are carried at fair value due to recognition of a valuation allowance. (4) Only includes impaired loans with specific loss allocations based on collateral value. (5) Only includes other real estate with subsequent write downs to fair value. Fair Value Measurements Using Fair Value Measure- ments Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Un- observable Inputs (Level 3) (In thousands) December 31, 2014: Measured at Fair Value on a Recurring Basis: Assets Trading securities $ 203 $ 203 $ - $ - Securities available for sale U.S. agency 35,006 - 35,006 - U.S. agency residential mortgage-backed 257,558 - 257,558 - U.S. agency commercial mortgage-backed 33,728 - 33,728 - Private label residential mortgage-backed 6,013 - 6,013 - Other asset backed 32,353 - 32,353 - Obligations of states and political subdivisions 143,415 - 143,415 - Corporate 22,664 - 22,664 - Trust preferred 2,441 - 2,441 - Loans held for sale 23,662 - 23,662 - Derivatives (1) 619 - 619 - Liabilities Derivatives (2) 366 - 366 - Measured at Fair Value on a Non-recurring basis: Assets Capitalized mortgage loan servicing rights (3) 9,197 - - 9,197 Impaired loans (4) Commercial Income producing - real estate 869 - - 869 Land, land development & construction-real estate 354 - - 354 Commercial and industrial 2,601 - - 2,601 Mortgage 1-4 Family 1,306 - - 1,306 Other real estate (5) Commercial Income producing - real estate 479 - - 479 Land, land development & construction-real estate 737 - - 737 Mortgage 1-4 Family 102 - - 102 Resort Lending 575 - - 575 Installment Home equity - 1st lien 13 - - 13 (1) Included in accrued income and other assets (2) Included in accrued expenses and other liabilities (3) Only includes servicing rights that are carried at fair value due to recognition of a valuation allowance. (4) Only includes impaired loans with specific loss allocations based on collateral value. (5) Only includes other real estate with subsequent write downs to fair value.
Changes in fair value for financial assets	Changes in fair values for financial assets which we have elected the fair value option for the periods presented were as follows: Changes in Fair Values for the Six-Month Periods Ended June 30 for Items Measured at Fair Value Pursuant to Election of the Fair Value Option 2015 2014 Net Gains (Losses) on Assets Total Change in Fair Values Included in Current Period Net Gains (Losses) on Assets Total Change in Fair Values Included in Current Period Securities Loans Earnings Securities Loans Earnings (In thousands) Trading securities $ (23 ) $ - $ (23 ) $ 111 $ - $ 111 Loans held for sale - (121 ) (121 ) - 348 348
Quantitative information about Level 3 fair value measurements measured on a non-recurring basis	Quantitative information about Level 3 fair value measurements measured on a non-recurring basis follows: Asset (Liability) Fair Value Valuation Technique Unobservable Inputs Weighted Average (In thousands) June 30, 2015 Capitalized mortgage loan servicing rights $ 8,895 Present value of net servicing revenue Discount rate 10.02 % Cost to service $ 80 Ancillary income 24 Float rate 1.79 % Impaired loans Commercial (1) 2,220 Sales comparison approach Adjustment for differences between comparable sales (2.3 )% Income approach Capitalization rate 9.3 Mortgage 772 Sales comparison approach Adjustment for differences between comparable sales 5.6 Other real estate Commercial 804 Sales comparison approach Adjustment for differences between comparable sales (3.9 ) Mortgage and installment 439 Sales comparison approach Adjustment for differences between comparable sales 20.6 December 31, 2014 Capitalized mortgage loan servicing rights $ 9,197 Present value of net servicing revenue Discount rate 10.07 % Cost to service $ 82 Ancillary income 25 Float rate 1.77 % Impaired loans Commercial (1) 2,751 Sales comparison approach Adjustment for differences between comparable sales (3.8 )% Income approach Capitalization rate 9.3 Mortgage 1,306 Sales comparison approach Adjustment for differences between comparable sales 8.6 Other real estate Commercial 1,216 Sales comparison approach Adjustment for differences between comparable sales (9.0 ) Mortgage and installment 690 Sales comparison approach Adjustment for differences between comparable sales 34.3 (1) In addition to the valuation techniques and unobservable inputs discussed above, at June 30, 2015 and December 31, 2014, we had an impaired collateral dependent commercial relationship that totaled $0.5 million and $1.1 million, respectively that was primarily secured by collateral other than real estate. Collateral securing this relationship primarily included machinery and equipment, accounts receivable, inventory and company stock. Valuation techniques at June 30, 2015, included discounting restructuring firm valuations based on estimates of value recovery of each particular asset type. Discount rates used ranged from 0% to 100% of stated values. Valuation techniques at December 31, 2014, included discounting cost and financial statement value approaches based on estimates of value recovery of each particular asset type. Discount rates used ranged from 35% to 100% of stated values.
Aggregate fair value and aggregate remaining contractual principal balance for loans held for sale	The following table reflects the difference between the aggregate fair value and the aggregate remaining contractual principal balance outstanding for loans held for sale for which the fair value option has been elected for the periods presented. Aggregate Fair Value Difference Contractual Principal (In thousands) Loans held for sale June 30, 2015 $ 30,518 $ 503 $ 30,015 December 31, 2014 23,662 624 23,038

Fair Values of Financial Inst33

Fair Values of Financial Instruments (Tables)	6 Months Ended
	Jun. 30, 2015
Fair Values of Financial Instruments [Abstract]
Estimated recorded book balances and fair values	The estimated recorded book balances and fair values follow: Fair Value Using Recorded Book Balance Fair Value Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Un- observable Inputs (Level 3) (In thousands) June 30, 2015 Assets Cash and due from banks $ 44,272 $ 44,272 $ 44,272 $ - $ - Interest bearing deposits 14,045 14,045 14,045 - - Interest bearing deposits - time 10,853 10,892 - 10,892 - Trading securities 180 180 180 - - Securities available for sale 557,695 557,695 - 557,695 - Federal Home Loan Bank and Federal Reserve Bank Stock 15,146 NA NA NA NA Net loans and loans held for sale 1,455,939 1,435,236 - 30,518 1,404,718 Accrued interest receivable 6,059 6,059 1 1,647 4,411 Derivative financial instruments 1,100 1,100 - 1,100 - Liabilities Deposits with no stated maturity (1) $ 1,594,948 $ 1,594,948 $ 1,594,948 $ - $ - Deposits with stated maturity (1) 366,469 365,081 - 365,081 - Other borrowings 12,325 14,165 - 14,165 - Subordinated debentures 35,569 24,117 - 24,117 - Accrued interest payable 392 392 20 372 - Derivative financial instruments 222 222 - 222 - December 31, 2014 Assets Cash and due from banks $ 48,326 $ 48,326 $ 48,326 $ - $ - Interest bearing deposits 25,690 25,690 25,690 - - Interest bearing deposits - time 13,561 13,585 - 13,585 - Trading securities 203 203 203 - - Securities available for sale 533,178 533,178 - 533,178 - Federal Home Loan Bank and Federal Reserve Bank Stock 19,919 NA NA NA NA Net loans and loans held for sale 1,407,634 1,394,424 - 23,662 1,370,762 Accrued interest receivable 5,995 5,995 2 1,599 4,394 Derivative financial instruments 619 619 - 619 - Liabilities Deposits with no stated maturity (1) $ 1,534,175 $ 1,534,175 $ 1,534,175 $ - $ - Deposits with stated maturity (1) 390,127 389,139 - 389,139 - Other borrowings 12,470 14,560 - 14,560 - Subordinated debentures 35,569 23,328 - 23,328 - Accrued interest payable 380 380 21 359 - Derivative financial instruments 366 366 - 366 - (1) Deposits with no stated maturity include reciprocal deposits with a recorded book balance of $12.5 million and $13.6 million at June 30, 2015 and December 31, 2014, respectively. Deposits with a stated maturity include reciprocal deposits with a recorded book balance of $36.5 million and $40.1 million at June 30, 2015 and December 31, 2014, respectively.

Accumulated Other Comprehensi34

Accumulated Other Comprehensive Loss (Tables)	6 Months Ended
	Jun. 30, 2015
Accumulated Other Comprehensive Loss [Abstract]
Schedule of accumulated other comprehensive income (loss)	A summary of changes in AOCL follows: Unrealized Gains (Losses) on Available for Sale Securities Dispropor- tionate Tax Effects from Securities Available for Sale Unrealized Losses on Settled Derivatives Total For the three months ended June 30, 2015 Balances at beginning of period $ 1,596 $ (5,798 ) $ - $ (4,202 ) Other comprehensive loss before reclassifications (1,188 ) - - (1,188 ) Amounts reclassified from AOCL - - - - Net current period other comprehensive loss (1,188 ) - - (1,188 ) Balances at end of period $ 408 $ (5,798 ) $ - $ (5,390 ) 2014 Balances at beginning of period $ (1,661 ) $ (5,798 ) $ (185 ) $ (7,644 ) Other comprehensive income before reclassifications 1,286 - - 1,286 Amounts reclassified from AOCL (1 ) - 61 60 Net current period other comprehensive income 1,285 - 61 1,346 Balances at end of period $ (376 ) $ (5,798 ) $ (124 ) $ (6,298 ) For the six months ended June 30, 2015 Balances at beginning of period $ 162 $ (5,798 ) $ - $ (5,636 ) Other comprehensive income before reclassifications 295 - - 295 Amounts reclassified from AOCL (49 ) - - (49 ) Net current period other comprehensive ncome 246 - - 246 Balances at end of period $ 408 $ (5,798 ) $ - $ (5,390 ) 2014 Balances at beginning of period $ (3,200 ) $ (5,798 ) $ (247 ) $ (9,245 ) Other comprehensive income before reclassifications 2,825 - - 2,825 Amounts reclassified from AOCL (1 ) - 123 122 Net current period other comprehensive income 2,824 - 123 2,947 Balances at end of period $ (376 ) $ (5,798 ) $ (124 ) $ (6,298 )
Summary of reclassifications out of each component of AOCL	A summary of reclassifications out of each component of AOCL for the three months ended June 30 follows: AOCL Component Amount Reclassified From AOCL Affected Line Item in Condensed Consolidated Statements of Operations (In thousands) 2015 Unrealized gains on available for sale securities $ - Net gains on securities - Net impairment loss recognized in earnings - Total reclassifications before tax - Tax expense $ - Reclassifications, net of tax 2014 Unrealized gains on available for sale securities $ 2 Net gains on securities - Net impairment loss recognized in earnings 2 Total reclassifications before tax 1 Tax expense $ 1 Reclassifications, net of tax Unrealized gains on settled derivatives $ (95 ) Interest expense (34 ) Tax benefit $ (61 ) Reclassification, net of tax $ (60 ) Total reclassifications for the period, net of tax A summary of reclassifications out of each component of AOCL for the six months ended June 30 follows: AOCL Component Amount Reclassified From AOCL Affected Line Item in Condensed Consolidated Statements of Operations (In thousands) 2015 Unrealized gains on available for sale securities $ 75 Net gains on securities - Net impairment loss recognized in earnings 75 Total reclassifications before tax 26 Tax expense $ 49 Reclassifications, net of tax 2014 Unrealized gains on available for sale securities $ 2 Net gains on securities - Net impairment loss recognized in earnings 2 Total reclassifications before tax 1 Tax expense $ 1 Reclassifications, net of tax Unrealized gains on settled derivatives $ (190 ) Interest expense (67 ) Tax benefit $ (123 ) Reclassification, net of tax $ (122 ) Total reclassifications for the period, net of tax

Securities (Details)

Securities (Details) $ in Thousands		3 Months Ended		6 Months Ended		12 Months Ended
		Jun. 30, 2015USD ($)SecurityCreditRatingAgencyBond	Jun. 30, 2014USD ($)	Jun. 30, 2015USD ($)SecurityCreditRatingAgencyBond	Jun. 30, 2014USD ($)	Dec. 31, 2014USD ($)	Mar. 31, 2013Security
Available-for-sale Securities, Amortized Cost Basis [Abstract]
Amortized Cost		$ 557,068		$ 557,068		$ 532,930
Unrealized Gains		3,217		3,217		3,317
Unrealized Losses		2,590		2,590		3,069
Fair Value		557,695		557,695		533,178
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value [Abstract]
Less Than Twelve Months, Fair Value		144,940		144,940		163,665
Less Than Twelve Months, Unrealized Losses		702		702		909
Twelve Months or More, Fair Value		58,095		58,095		69,122
Twelve Months or More, Unrealized Losses		1,888		1,888		2,160
Total, Fair Value		203,035		203,035		232,787
Total, Unrealized Losses		2,590		2,590		3,069
Private Label Residential Mortgage Backed Securities Below Investment Grade [Abstract]
Fair value		3,397		3,397
Amortized cost		3,263		3,263
Non-credit unrealized loss		54		54
Unrealized gain		188		188
Cumulative credit related OTTI		1,594		1,594
OTTI changes recorded in earnings		0	$ 0	0	$ 0
Available-for-sale Securities, Debt Maturities, Amortized Cost Basis, Fiscal Year Maturity [Abstract]
Maturing within one year		24,875		24,875
Maturing after one year but within five years		59,355		59,355
Maturing after five years but within ten years		34,747		34,747
Maturing after ten years		77,593		77,593
Available-for-sale Securities, Debt Maturities, Amortized Cost Basis		196,570		196,570
U.S. agency residential mortgage-backed		216,466		216,466
U.S. agency commercial mortgage-backed		30,074		30,074
Private label residential mortgage-backed		5,644		5,644
Other asset backed		108,314		108,314
Total		557,068		557,068
Available-for-sale Securities, Debt Maturities, Fair Value, Fiscal Year Maturity [Abstract]
Maturing within one year		24,904		24,904
Maturing after one year but within five years		59,631		59,631
Maturing after five years but within ten years		34,991		34,991
Maturing after ten years		76,257		76,257
Available-for-sale Securities fair value total		195,783		195,783
U.S. agency residential mortgage backed		217,980		217,980
U.S. agency commercial mortgage-backed		30,160		30,160
Private label residential mortgage-backed		5,460		5,460
Other asset backed		108,312		108,312
Total		557,695		557,695
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Roll Forward]
Balance at beginning of year		1,844	1,835	1,844	1,835	1,835
Additions to credit losses on securities for which no previous OTTI was recognized		0	0	0	0
Increases to credit losses on securities for which OTTI was previously recognized		0	0	0	0
Balance at end of year		$ 1,844	1,835	1,844	1,835	1,844
Gain and losses realized on sale of securities available for sale [Abstract]
Proceeds				11,786	5,126
Realized Gains	[1]			75	2
Realized Losses				0	0
Trading securities, realized gains (losses)				$ (23)	111
Unrealized gain related to U.S. Treasury short position					53
U.S. Agency [Member]
Schedule of Available-for-sale Securities [Line Items]
Number of securities with market fair value less than amortized cost | Security		16		16
Available-for-sale Securities, Amortized Cost Basis [Abstract]
Amortized Cost		$ 36,068		$ 36,068		34,936
Unrealized Gains		231		231		133
Unrealized Losses		28		28		63
Fair Value		36,271		36,271		35,006
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value [Abstract]
Less Than Twelve Months, Fair Value		9,564		9,564		12,851
Less Than Twelve Months, Unrealized Losses		25		25		58
Twelve Months or More, Fair Value		760		760		606
Twelve Months or More, Unrealized Losses		3		3		5
Total, Fair Value		10,324		10,324		13,457
Total, Unrealized Losses		$ 28		$ 28		63
U.S. Agency Residential Mortgage-Backed [Member]
Schedule of Available-for-sale Securities [Line Items]
Number of securities with market fair value less than amortized cost | Security		74		74
Available-for-sale Securities, Amortized Cost Basis [Abstract]
Amortized Cost		$ 216,466		$ 216,466		256,387
Unrealized Gains		1,868		1,868		1,838
Unrealized Losses		354		354		667
Fair Value		217,980		217,980		257,558
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value [Abstract]
Less Than Twelve Months, Fair Value		48,277		48,277		89,547
Less Than Twelve Months, Unrealized Losses		221		221		531
Twelve Months or More, Fair Value		14,933		14,933		15,793
Twelve Months or More, Unrealized Losses		133		133		136
Total, Fair Value		63,210		63,210		105,340
Total, Unrealized Losses		$ 354		$ 354		667
U.S. Agency Commercial Mortgage-Backed [Member]
Schedule of Available-for-sale Securities [Line Items]
Number of securities with market fair value less than amortized cost | Security		8		8
Available-for-sale Securities, Amortized Cost Basis [Abstract]
Amortized Cost		$ 30,074		$ 30,074		33,779
Unrealized Gains		113		113		68
Unrealized Losses		27		27		119
Fair Value		30,160		30,160		33,728
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value [Abstract]
Less Than Twelve Months, Fair Value		10,921		10,921		21,325
Less Than Twelve Months, Unrealized Losses		21		21		119
Twelve Months or More, Fair Value		1,342		1,342		0
Twelve Months or More, Unrealized Losses		6		6		0
Total, Fair Value		12,263		12,263		21,325
Total, Unrealized Losses		$ 27		$ 27		119
Private Label Residential Mortgage-Backed [Member]
Schedule of Available-for-sale Securities [Line Items]
Number of securities with market fair value less than amortized cost | Security		5		5
Number of securities | Security		5		5
Number of securities rated as investment grade | Security		2		2
Number of securities rated as below investment grade | Security		2		2
Number of bonds with impairment in excess of ten percent | Bond		2		2
Percentage of excess impairment on bonds (in hundredths)		10.00%		10.00%
Number of bonds with impairment for more than 12 months | Bond		4		4
Number of private label mortgage backed securities with OTTI that are forecasted to have complete recovery of cost basis | Security		4		4
Number of private label mortgage backed securities currently below investment grade with OTTI unrealized gains | Security		2		2
Number of private label mortgage backed securities currently below investment grade with OTTI unrealized loss | Security		1		1			3
Number of private label mortgage backed securities with OTTI unrealized loss less than previous OTTI credit | Security		2		2
Available-for-sale Securities, Amortized Cost Basis [Abstract]
Amortized Cost		$ 5,644		$ 5,644		6,216
Unrealized Gains		187		187		187
Unrealized Losses		371		371		390
Fair Value		5,460		5,460		6,013
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value [Abstract]
Less Than Twelve Months, Fair Value		193		193		208
Less Than Twelve Months, Unrealized Losses		1		1		1
Twelve Months or More, Fair Value		3,603		3,603		4,013
Twelve Months or More, Unrealized Losses		370		370		389
Total, Fair Value		3,796		3,796		4,221
Total, Unrealized Losses		371		371		390
Senior Security [Member]
Private Label Residential Mortgage Backed Securities Below Investment Grade [Abstract]
Fair value		1,835		1,835
Amortized cost		1,889		1,889
Non-credit unrealized loss		54		54
Unrealized gain		0		0
Cumulative credit related OTTI		757		757
OTTI changes recorded in earnings		0	0	0	0
Super Senior Security [Member]
Private Label Residential Mortgage Backed Securities Below Investment Grade [Abstract]
Fair value		1,466		1,466
Amortized cost		1,374		1,374
Non-credit unrealized loss		0		0
Unrealized gain		92		92
Cumulative credit related OTTI		457		457
OTTI changes recorded in earnings		0	0	0	0
Senior Support Security [Member]
Private Label Residential Mortgage Backed Securities Below Investment Grade [Abstract]
Fair value		96		96
Amortized cost		0		0
Non-credit unrealized loss		0		0
Unrealized gain		96		96
Cumulative credit related OTTI		380		380
OTTI changes recorded in earnings		$ 0	$ 0	$ 0	$ 0
Other Asset Backed [Member]
Schedule of Available-for-sale Securities [Line Items]
Number of securities with market fair value less than amortized cost | Security		47		47
Available-for-sale Securities, Amortized Cost Basis [Abstract]
Amortized Cost		$ 108,314		$ 108,314		32,314
Unrealized Gains		115		115		77
Unrealized Losses		117		117		38
Fair Value		108,312		108,312		32,353
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value [Abstract]
Less Than Twelve Months, Fair Value		35,787		35,787		2,960
Less Than Twelve Months, Unrealized Losses		69		69		15
Twelve Months or More, Fair Value		5,691		5,691		8,729
Twelve Months or More, Unrealized Losses		48		48		23
Total, Fair Value		41,478		41,478		11,689
Total, Unrealized Losses		$ 117		$ 117		38
Obligations of States and Political Subdivisions [Member]
Schedule of Available-for-sale Securities [Line Items]
Number of securities with market fair value less than amortized cost | Security		90		90
Available-for-sale Securities, Amortized Cost Basis [Abstract]
Amortized Cost		$ 135,007		$ 135,007		143,698
Unrealized Gains		640		640		961
Unrealized Losses		1,284		1,284		1,244
Fair Value		134,363		134,363		143,415
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value [Abstract]
Less Than Twelve Months, Fair Value		35,965		35,965		28,114
Less Than Twelve Months, Unrealized Losses		355		355		106
Twelve Months or More, Fair Value		29,252		29,252		37,540
Twelve Months or More, Unrealized Losses		929		929		1,138
Total, Fair Value		65,217		65,217		65,654
Total, Unrealized Losses		$ 1,284		$ 1,284		1,244
Corporate [Member]
Schedule of Available-for-sale Securities [Line Items]
Number of securities with market fair value less than amortized cost | Security		4		4
Available-for-sale Securities, Amortized Cost Basis [Abstract]
Amortized Cost		$ 22,582		$ 22,582		22,690
Unrealized Gains		63		63		53
Unrealized Losses		10		10		79
Fair Value		22,635		22,635		22,664
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value [Abstract]
Less Than Twelve Months, Fair Value		4,233		4,233		8,660
Less Than Twelve Months, Unrealized Losses		10		10		79
Twelve Months or More, Fair Value		0		0		0
Twelve Months or More, Unrealized Losses		0		0		0
Total, Fair Value		4,233		4,233		8,660
Total, Unrealized Losses		$ 10		$ 10		79
Trust Preferred [Member]
Schedule of Available-for-sale Securities [Line Items]
Number of securities with market fair value less than amortized cost | Security		3		3
Number of securities rated as investment grade | Security		1		1
Number of securities rated as below investment grade | Security		1		1
Number of major credit rating agencies | CreditRatingAgency		2		2
Number of securities non-rated | Security		1		1
Non-rated trust preferred securities, amortized cost		$ 1,000		$ 1,000
Non-rated trust preferred securities, fair value		800		800
Available-for-sale Securities, Amortized Cost Basis [Abstract]
Amortized Cost		2,913		2,913		2,910
Unrealized Gains		0		0		0
Unrealized Losses		399		399		469
Fair Value		2,514		2,514		2,441
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value [Abstract]
Less Than Twelve Months, Fair Value		0		0		0
Less Than Twelve Months, Unrealized Losses		0		0		0
Twelve Months or More, Fair Value		2,514		2,514		2,441
Twelve Months or More, Unrealized Losses		399		399		469
Total, Fair Value		2,514		2,514		2,441
Total, Unrealized Losses		399		399		469
Rated Issues [Member]
Trust preferred securities [Abstract]
Fair Value		1,700		1,700		1,643
Net Unrealized Loss				(213)		(267)
Unrated Issues [Member]
Trust preferred securities [Abstract]
Fair Value		$ 814		814		798
Net Unrealized Loss				$ (186)		$ (202)
[1]	Gains in 2014 exclude $0.053 million of unrealized gain related to a U.S. Treasury short position.

Loans (Details)

Loans (Details) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
Analysis of allowance for loan losses by portfolio segment [Roll Forward]
Balance at beginning of period		$ 24,679	$ 30,437	$ 25,990	$ 32,325
Additions (deductions) [Abstract]
Provision for loan losses		(134)	(1,845)	(793)	(1,417)
Recoveries credited to allowance		1,255	2,891	2,245	3,959
Loans charged against the allowance		(1,214)	(3,286)	(2,856)	(6,670)
Balance at end of period		24,586	28,197	24,586	28,197
Allowance for loan losses [Abstract]
Total ending allowance balance		24,586		24,586		$ 25,990
Loans [Abstract]
Total Loans		1,450,007		1,450,007		1,409,962
Classified by Portfolio Segment [Member]
Allowance for loan losses [Abstract]
Individually evaluated for impairment		12,535		12,535		13,233
Collectively evaluated for impairment		12,051		12,051		12,757
Total ending allowance balance		24,586		24,586		25,990
Loans [Abstract]
Individually evaluated for impairment		107,147		107,147		113,166
Collectively evaluated for impairment		1,347,245		1,347,245		1,301,250
Total loans recorded investment		1,454,392		1,454,392		1,414,416
Accrued interest included in recorded investment		4,385		4,385		4,454
Total Loans		1,450,007		1,450,007		1,409,962
Commercial [Member]
Analysis of allowance for loan losses by portfolio segment [Roll Forward]
Balance at beginning of period		5,916	5,763	5,445	6,827
Additions (deductions) [Abstract]
Provision for loan losses		177	(1,070)	505	(563)
Recoveries credited to allowance		652	2,138	1,085	2,493
Loans charged against the allowance		(38)	(1,656)	(328)	(3,582)
Balance at end of period		6,707	5,175	6,707	5,175
Commercial [Member] | Classified by Portfolio Segment [Member]
Allowance for loan losses [Abstract]
Individually evaluated for impairment		3,531		3,531		3,194
Collectively evaluated for impairment		3,176		3,176		2,251
Total ending allowance balance		6,707		6,707		5,445
Loans [Abstract]
Individually evaluated for impairment		31,802		31,802		34,147
Collectively evaluated for impairment		680,758		680,758		658,423
Total loans recorded investment		712,560		712,560		692,570
Accrued interest included in recorded investment		1,553		1,553		1,615
Total Loans		711,007		711,007		690,955
Mortgage [Member]
Analysis of allowance for loan losses by portfolio segment [Roll Forward]
Balance at beginning of period		12,081	17,000	13,444	17,195
Additions (deductions) [Abstract]
Provision for loan losses		(101)	(579)	(834)	(386)
Recoveries credited to allowance		319	400	557	858
Loans charged against the allowance		(834)	(1,279)	(1,702)	(2,125)
Balance at end of period		11,465	15,542	11,465	15,542
Loans [Abstract]
Accrued interest included in recorded investment	[1]	2,154		2,154		2,170
Mortgage [Member] | Classified by Portfolio Segment [Member]
Allowance for loan losses [Abstract]
Individually evaluated for impairment		8,420		8,420		9,311
Collectively evaluated for impairment		3,045		3,045		4,133
Total ending allowance balance		11,465		11,465		13,444
Loans [Abstract]
Individually evaluated for impairment		69,097		69,097		72,340
Collectively evaluated for impairment		402,719		402,719		402,458
Total loans recorded investment		471,816		471,816		474,798
Accrued interest included in recorded investment		2,154		2,154		2,170
Total Loans		469,662		469,662		472,628
Installment [Member]
Analysis of allowance for loan losses by portfolio segment [Roll Forward]
Balance at beginning of period		1,564	2,061	1,814	2,246
Additions (deductions) [Abstract]
Provision for loan losses		(45)	(76)	(130)	100
Recoveries credited to allowance		284	352	603	603
Loans charged against the allowance		(342)	(349)	(826)	(961)
Balance at end of period		1,461	1,988	1,461	1,988
Loans [Abstract]
Accrued interest included in recorded investment	[1]	678		678		669
Installment [Member] | Classified by Portfolio Segment [Member]
Allowance for loan losses [Abstract]
Individually evaluated for impairment		584		584		728
Collectively evaluated for impairment		877		877		1,086
Total ending allowance balance		1,461		1,461		1,814
Loans [Abstract]
Individually evaluated for impairment		6,248		6,248		6,679
Collectively evaluated for impairment		223,191		223,191		200,368
Total loans recorded investment		229,439		229,439		207,047
Accrued interest included in recorded investment		678		678		669
Total Loans		228,761		228,761		206,378
Payment Plan Receivables [Member]
Analysis of allowance for loan losses by portfolio segment [Roll Forward]
Balance at beginning of period		62	87	64	97
Additions (deductions) [Abstract]
Provision for loan losses		3	(6)	1	(20)
Recoveries credited to allowance		0	1	0	5
Loans charged against the allowance		0	(2)	0	(2)
Balance at end of period		65	80	65	80
Payment Plan Receivables [Member] | Classified by Portfolio Segment [Member]
Allowance for loan losses [Abstract]
Individually evaluated for impairment		0		0		0
Collectively evaluated for impairment		65		65		64
Total ending allowance balance		65		65		64
Loans [Abstract]
Individually evaluated for impairment		0		0		0
Collectively evaluated for impairment		40,577		40,577		40,001
Total loans recorded investment		40,577		40,577		40,001
Accrued interest included in recorded investment		0		0		0
Total Loans		40,577		40,577		40,001
Unallocated [Member]
Analysis of allowance for loan losses by portfolio segment [Roll Forward]
Balance at beginning of period		5,056	5,526	5,223	5,960
Additions (deductions) [Abstract]
Provision for loan losses		(168)	(114)	(335)	(548)
Recoveries credited to allowance		0	0	0	0
Loans charged against the allowance		0	0	0	0
Balance at end of period		4,888	$ 5,412	4,888	$ 5,412
Unallocated [Member] | Classified by Portfolio Segment [Member]
Allowance for loan losses [Abstract]
Individually evaluated for impairment		0		0		0
Collectively evaluated for impairment		4,888		4,888		5,223
Total ending allowance balance		$ 4,888		$ 4,888		$ 5,223
[1]	Credit scores have been updated within the last twelve months.

Loans, Receivables Past Due (De

Loans, Receivables Past Due (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Aging analysis of loans by class [Abstract]
Total Loans	$ 1,450,007	$ 1,409,962
Total Recorded Investment [Member]
Non performing loans [Abstract]
90+ and Still Accruing	64	7
Non-Accrual	12,274	15,231
Total Non-performing Loans	12,338	15,238
Aging analysis of loans by class [Abstract]
Loans Past Due 30-59 days	4,763	8,246
Loans Past Due 60 to 89 days	1,673	2,769
Loans Past Due 90+ days	9,148	11,311
Total	15,584	22,326
Loans not Past Due	1,438,808	1,392,090
Total Loans	1,454,392	1,414,416
Accrued Interest Included in Recorded Investment [Member]
Non performing loans [Abstract]
90+ and Still Accruing	1	0
Non-Accrual	0	0
Total Non-performing Loans	1	0
Aging analysis of loans by class [Abstract]
Loans Past Due 30-59 days	32	55
Loans Past Due 60 to 89 days	22	29
Loans Past Due 90+ days	1	0
Total	55	84
Loans not Past Due	4,330	4,370
Total Loans	4,385	4,454
Income Producing - Real Estate [Member]
Non performing loans [Abstract]
90+ and Still Accruing	0	0
Non-Accrual	1,151	1,233
Total Non-performing Loans	1,151	1,233
Aging analysis of loans by class [Abstract]
Loans Past Due 30-59 days	112	89
Loans Past Due 60 to 89 days	26	0
Loans Past Due 90+ days	720	214
Total	858	303
Loans not Past Due	258,349	252,763
Total Loans	259,207	253,066
Land, Land Development and Construction - Real Estate [Member]
Non performing loans [Abstract]
90+ and Still Accruing	0	0
Non-Accrual	552	594
Total Non-performing Loans	552	594
Aging analysis of loans by class [Abstract]
Loans Past Due 30-59 days	11	131
Loans Past Due 60 to 89 days	0	0
Loans Past Due 90+ days	210	223
Total	221	354
Loans not Past Due	35,763	33,984
Total Loans	35,984	34,338
Commercial and Industrial [Member]
Non performing loans [Abstract]
90+ and Still Accruing	64	0
Non-Accrual	2,467	2,746
Total Non-performing Loans	2,531	2,746
Aging analysis of loans by class [Abstract]
Loans Past Due 30-59 days	787	2,391
Loans Past Due 60 to 89 days	0	279
Loans Past Due 90+ days	114	209
Total	901	2,879
Loans not Past Due	416,468	402,287
Total Loans	417,369	405,166
1-4 Family [Member]
Non performing loans [Abstract]
90+ and Still Accruing	0	7
Non-Accrual	5,200	5,945
Total Non-performing Loans	5,200	5,952
Aging analysis of loans by class [Abstract]
Loans Past Due 30-59 days	1,180	1,877
Loans Past Due 60 to 89 days	865	1,638
Loans Past Due 90+ days	5,200	5,952
Total	7,245	9,467
Loans not Past Due	274,036	269,719
Total Loans	281,281	279,186
Resort Lending [Member]
Non performing loans [Abstract]
90+ and Still Accruing	0	0
Non-Accrual	1,268	2,168
Total Non-performing Loans	1,268	2,168
Aging analysis of loans by class [Abstract]
Loans Past Due 30-59 days	298	226
Loans Past Due 60 to 89 days	0	0
Loans Past Due 90+ days	1,268	2,168
Total	1,566	2,394
Loans not Past Due	118,719	126,342
Total Loans	120,285	128,736
Home Equity - 1st Lien [Member]
Non performing loans [Abstract]
90+ and Still Accruing	0	0
Non-Accrual	257	331
Total Non-performing Loans	257	331
Aging analysis of loans by class [Abstract]
Loans Past Due 30-59 days	29	39
Loans Past Due 60 to 89 days	35	50
Loans Past Due 90+ days	257	331
Total	321	420
Loans not Past Due	22,322	19,782
Total Loans	22,643	20,202
Home Equity - 2nd Lien [Member]
Non performing loans [Abstract]
90+ and Still Accruing	0	0
Non-Accrual	187	605
Total Non-performing Loans	187	605
Aging analysis of loans by class [Abstract]
Loans Past Due 30-59 days	239	711
Loans Past Due 60 to 89 days	180	89
Loans Past Due 90+ days	187	605
Total	606	1,405
Loans not Past Due	47,001	45,269
Total Loans	47,607	46,674
Home Equity - 1st Lien [Member]
Non performing loans [Abstract]
90+ and Still Accruing	0	0
Non-Accrual	210	576
Total Non-performing Loans	210	576
Aging analysis of loans by class [Abstract]
Loans Past Due 30-59 days	416	466
Loans Past Due 60 to 89 days	187	37
Loans Past Due 90+ days	210	576
Total	813	1,079
Loans not Past Due	18,887	20,995
Total Loans	19,700	22,074
Home Equity - 2nd Lien [Member]
Non performing loans [Abstract]
90+ and Still Accruing	0	0
Non-Accrual	475	517
Total Non-performing Loans	475	517
Aging analysis of loans by class [Abstract]
Loans Past Due 30-59 days	228	369
Loans Past Due 60 to 89 days	38	81
Loans Past Due 90+ days	475	517
Total	741	967
Loans not Past Due	24,244	28,125
Total Loans	24,985	29,092
Loans Not Secured By Real Estate [Member]
Non performing loans [Abstract]
90+ and Still Accruing	0	0
Non-Accrual	486	454
Total Non-performing Loans	486	454
Aging analysis of loans by class [Abstract]
Loans Past Due 30-59 days	248	589
Loans Past Due 60 to 89 days	73	231
Loans Past Due 90+ days	486	454
Total	807	1,274
Loans not Past Due	181,746	152,115
Total Loans	182,553	153,389
Other [Member]
Non performing loans [Abstract]
90+ and Still Accruing	0	0
Non-Accrual	3	48
Total Non-performing Loans	3	48
Aging analysis of loans by class [Abstract]
Loans Past Due 30-59 days	3	15
Loans Past Due 60 to 89 days	2	3
Loans Past Due 90+ days	3	48
Total	8	66
Loans not Past Due	2,193	2,426
Total Loans	2,201	2,492
Full Refund [Member]
Non performing loans [Abstract]
90+ and Still Accruing	0	0
Non-Accrual	8	2
Total Non-performing Loans	8	2
Aging analysis of loans by class [Abstract]
Loans Past Due 30-59 days	545	838
Loans Past Due 60 to 89 days	157	214
Loans Past Due 90+ days	8	2
Total	710	1,054
Loans not Past Due	23,810	26,799
Total Loans	24,520	27,853
Partial Refund [Member]
Non performing loans [Abstract]
90+ and Still Accruing	0	0
Non-Accrual	8	12
Total Non-performing Loans	8	12
Aging analysis of loans by class [Abstract]
Loans Past Due 30-59 days	585	409
Loans Past Due 60 to 89 days	89	123
Loans Past Due 90+ days	8	12
Total	682	544
Loans not Past Due	9,778	6,550
Total Loans	10,460	7,094
Other [Member]
Non performing loans [Abstract]
90+ and Still Accruing	0	0
Non-Accrual	2	0
Total Non-performing Loans	2	0
Aging analysis of loans by class [Abstract]
Loans Past Due 30-59 days	82	96
Loans Past Due 60 to 89 days	21	24
Loans Past Due 90+ days	2	0
Total	105	120
Loans not Past Due	5,492	4,934
Total Loans	$ 5,597	$ 5,054

Loans, Impaired Financing Recei

Loans, Impaired Financing Receivables (Details) - USD ($) $ in Thousands		3 Months Ended				6 Months Ended
		Jun. 30, 2015		Jun. 30, 2014	[2]	Jun. 30, 2015		Jun. 30, 2014	[3]	Dec. 31, 2014
Impaired loans [Abstract]
TDR		$ 9,074				$ 9,074				$ 9,325
Non - TDR		283				283				299
TDR allowances based on collateral		4,439				4,439				5,879
TDR - allowances based on present value cash flow		90,814				90,814				94,970
Non - TDR - allowance based on collateral		2,190				2,190				2,296
Non - TDR - allowance based on present value cash flow		0				0				0
Total impaired loans		106,800				106,800				112,769
Amount of allowance for loan losses allocated [Abstract]
TDR - allowance based on collateral		1,655				1,655				2,025
TDR - allowance based on present value cash flow		9,430				9,430				10,188
Non - TDR - allowance based on collateral		1,450				1,450				1,020
Non - TDR - allowance based on present value cash flow		0				0				0
Allowance for loan losses allocated		12,535				12,535				13,233
Impaired Loans by class [Abstract]
Recorded Investment, with no related allowance	[1]	9,384				9,384				9,652
Unpaid Principal Balance, with no related allowance	[1]	10,341				10,341				10,836
No Related Allowance	[1]	0				0				0
Recorded Investment, with an allowance recorded	[1]	97,763				97,763				103,514
Unpaid Principal Balance, with an allowance recorded	[1]	101,845				101,845				108,211
Recorded Investment	[1]	107,147				107,147				113,166
Unpaid Principal Balance	[1]	112,186				112,186				119,047
Related Allowance	[1]	12,535				12,535				13,233
Average recorded investment in and interest income earned on impaired loans by class [Abstract]
Average Recorded Investment, with No Related Allowance		9,566	[2]	$ 12,644		9,594	[3]	$ 12,889
Interest Income Recognized, with No Related Allowance		105	[2]	128		229	[3]	281
Average Recorded Investment, with Related Allowance		98,798	[2]	109,320		100,367	[3]	110,324
Interest Income Recognized, with Related Allowance		1,064	[2]	1,147		2,138	[3]	2,334
Average Recorded Investment		108,364	[2]	121,964		109,961	[3]	123,213
Interest Income Recognized		1,169	[2]	1,275		2,367	[3]	2,615
Accrued Interest Included in Recorded Investment [Member]
Impaired Loans by class [Abstract]
Recorded Investment	[1]	347				347				397
Income Producing - Real Estate [Member]
Impaired Loans by class [Abstract]
Recorded Investment, with no related allowance	[1]	5,488				5,488				5,868
Unpaid Principal Balance, with no related allowance	[1]	5,717				5,717				6,077
No Related Allowance	[1]	0				0				0
Recorded Investment, with an allowance recorded	[1]	12,895				12,895				12,836
Unpaid Principal Balance, with an allowance recorded	[1]	13,881				13,881				13,797
Recorded Investment	[1]	18,383				18,383				18,704
Unpaid Principal Balance	[1]	19,598				19,598				19,874
Related Allowance	[1]	767				767				689
Average recorded investment in and interest income earned on impaired loans by class [Abstract]
Average Recorded Investment, with No Related Allowance		5,658	[2]	8,403		5,728	[3]	7,949
Interest Income Recognized, with No Related Allowance		50	[2]	86		103	[3]	186
Average Recorded Investment, with Related Allowance		12,878	[2]	12,780		12,864	[3]	13,366
Interest Income Recognized, with Related Allowance		163	[2]	141		320	[3]	281
Average Recorded Investment		18,536	[2]	21,183		18,592	[3]	21,315
Interest Income Recognized		213	[2]	227		423	[3]	467
Land, Land Development and Construction - Real Estate [Member]
Impaired Loans by class [Abstract]
Recorded Investment, with no related allowance	[1]	1,012				1,012				1,051
Unpaid Principal Balance, with no related allowance	[1]	1,579				1,579				1,606
No Related Allowance	[1]	0				0				0
Recorded Investment, with an allowance recorded	[1]	1,925				1,925				3,456
Unpaid Principal Balance, with an allowance recorded	[1]	2,013				2,013				3,528
Recorded Investment	[1]	2,937				2,937				4,507
Unpaid Principal Balance	[1]	3,592				3,592				5,134
Related Allowance	[1]	374				374				499
Average recorded investment in and interest income earned on impaired loans by class [Abstract]
Average Recorded Investment, with No Related Allowance		1,021	[2]	821		1,031	[3]	1,276
Interest Income Recognized, with No Related Allowance		15	[2]	15		49	[3]	28
Average Recorded Investment, with Related Allowance		1,943	[2]	4,418		2,447	[3]	4,067
Interest Income Recognized, with Related Allowance		13	[2]	40		27	[3]	82
Average Recorded Investment		2,964	[2]	5,239		3,478	[3]	5,343
Interest Income Recognized		28	[2]	55		76	[3]	110
Commercial and Industrial [Member]
Impaired Loans by class [Abstract]
Recorded Investment, with no related allowance	[1]	2,859				2,859				2,685
Unpaid Principal Balance, with no related allowance	[1]	2,839				2,839				2,667
No Related Allowance	[1]	0				0				0
Recorded Investment, with an allowance recorded	[1]	7,623				7,623				8,251
Unpaid Principal Balance, with an allowance recorded	[1]	7,870				7,870				8,486
Recorded Investment	[1]	10,482				10,482				10,936
Unpaid Principal Balance	[1]	10,709				10,709				11,153
Related Allowance	[1]	2,390				2,390				2,006
Average recorded investment in and interest income earned on impaired loans by class [Abstract]
Average Recorded Investment, with No Related Allowance		2,855	[2]	3,352		2,798	[3]	3,605
Interest Income Recognized, with No Related Allowance		37	[2]	26		74	[3]	66
Average Recorded Investment, with Related Allowance		7,863	[2]	8,615		7,992	[3]	8,871
Interest Income Recognized, with Related Allowance		67	[2]	80		133	[3]	158
Average Recorded Investment		10,718	[2]	11,967		10,790	[3]	12,476
Interest Income Recognized		104	[2]	106		207	[3]	224
1-4 Family [Member]
Impaired Loans by class [Abstract]
Recorded Investment, with no related allowance	[1]	25				25				0
Unpaid Principal Balance, with no related allowance	[1]	169				169				49
No Related Allowance	[1]	0				0				0
Recorded Investment, with an allowance recorded	[1]	50,166				50,166				53,206
Unpaid Principal Balance, with an allowance recorded	[1]	52,274				52,274				56,063
Recorded Investment	[1]	50,191				50,191				53,206
Unpaid Principal Balance	[1]	52,443				52,443				56,112
Related Allowance	[1]	5,562				5,562				6,195
Average recorded investment in and interest income earned on impaired loans by class [Abstract]
Average Recorded Investment, with No Related Allowance		25	[2]	33		17	[3]	24
Interest Income Recognized, with No Related Allowance		2	[2]	0		2	[3]	0
Average Recorded Investment, with Related Allowance		50,931	[2]	56,778		51,689	[3]	57,056
Interest Income Recognized, with Related Allowance		539	[2]	589		1,090	[3]	1,219
Average Recorded Investment		50,956	[2]	56,811		51,706	[3]	57,080
Interest Income Recognized		541	[2]	589		1,092	[3]	1,219
Resort Lending [Member]
Impaired Loans by class [Abstract]
Recorded Investment, with no related allowance	[1]	0				0				48
Unpaid Principal Balance, with no related allowance	[1]	0				0				397
No Related Allowance	[1]	0				0				0
Recorded Investment, with an allowance recorded	[1]	18,499				18,499				18,799
Unpaid Principal Balance, with an allowance recorded	[1]	18,761				18,761				18,963
Recorded Investment	[1]	18,499				18,499				18,847
Unpaid Principal Balance	[1]	18,761				18,761				19,360
Related Allowance	[1]	2,830				2,830				3,075
Average recorded investment in and interest income earned on impaired loans by class [Abstract]
Average Recorded Investment, with No Related Allowance		7	[2]	35		20	[3]	35
Interest Income Recognized, with No Related Allowance		0	[2]	0		0	[3]	0
Average Recorded Investment, with Related Allowance		18,482	[2]	19,485		18,587	[3]	19,713
Interest Income Recognized, with Related Allowance		173	[2]	195		344	[3]	386
Average Recorded Investment		18,489	[2]	19,520		18,607	[3]	19,748
Interest Income Recognized		173	[2]	195		344	[3]	386
Home Equity - 1st Lien [Member]
Impaired Loans by class [Abstract]
Recorded Investment, with no related allowance	[1]	0				0				0
Unpaid Principal Balance, with no related allowance	[1]	0				0				0
No Related Allowance	[1]	0				0				0
Recorded Investment, with an allowance recorded	[1]	158				158				162
Unpaid Principal Balance, with an allowance recorded	[1]	174				174				177
Recorded Investment	[1]	158				158				162
Unpaid Principal Balance	[1]	174				174				177
Related Allowance	[1]	11				11				14
Average recorded investment in and interest income earned on impaired loans by class [Abstract]
Average Recorded Investment, with No Related Allowance		0	[2]	0		0	[3]	0
Interest Income Recognized, with No Related Allowance		0	[2]	0		0	[3]	0
Average Recorded Investment, with Related Allowance		160	[2]	160		160	[3]	158
Interest Income Recognized, with Related Allowance		2	[2]	2		4	[3]	3
Average Recorded Investment		160	[2]	160		160	[3]	158
Interest Income Recognized		2	[2]	2		4	[3]	3
Home Equity - 2nd Lien [Member]
Impaired Loans by class [Abstract]
Recorded Investment, with no related allowance	[1]	0				0				0
Unpaid Principal Balance, with no related allowance	[1]	0				0				0
No Related Allowance	[1]	0				0				0
Recorded Investment, with an allowance recorded	[1]	249				249				125
Unpaid Principal Balance, with an allowance recorded	[1]	328				328				205
Recorded Investment	[1]	249				249				125
Unpaid Principal Balance	[1]	328				328				205
Related Allowance	[1]	17				17				27
Average recorded investment in and interest income earned on impaired loans by class [Abstract]
Average Recorded Investment, with No Related Allowance		0	[2]	0		0	[3]	0
Interest Income Recognized, with No Related Allowance		0	[2]	0		0	[3]	0
Average Recorded Investment, with Related Allowance		185	[2]	40		165	[3]	41
Interest Income Recognized, with Related Allowance		4	[2]	0		6	[3]	1
Average Recorded Investment		185	[2]	40		165	[3]	41
Interest Income Recognized		4	[2]	0		6	[3]	1
Home Equity - 1st Lien [Member]
Impaired Loans by class [Abstract]
Recorded Investment, with no related allowance	[1]	0				0				0
Unpaid Principal Balance, with no related allowance	[1]	37				37				40
No Related Allowance	[1]	0				0				0
Recorded Investment, with an allowance recorded	[1]	2,514				2,514				2,744
Unpaid Principal Balance, with an allowance recorded	[1]	2,688				2,688				2,930
Recorded Investment	[1]	2,514				2,514				2,744
Unpaid Principal Balance	[1]	2,725				2,725				2,970
Related Allowance	[1]	156				156				219
Average recorded investment in and interest income earned on impaired loans by class [Abstract]
Average Recorded Investment, with No Related Allowance		0	[2]	0		0	[3]	0
Interest Income Recognized, with No Related Allowance		1	[2]	1		1	[3]	1
Average Recorded Investment, with Related Allowance		2,576	[2]	2,861		2,632	[3]	2,894
Interest Income Recognized, with Related Allowance		44	[2]	44		94	[3]	89
Average Recorded Investment		2,576	[2]	2,861		2,632	[3]	2,894
Interest Income Recognized		45	[2]	45		95	[3]	90
Home Equity - 2nd Lien [Member]
Impaired Loans by class [Abstract]
Recorded Investment, with no related allowance	[1]	0				0				0
Unpaid Principal Balance, with no related allowance	[1]	0				0				0
No Related Allowance	[1]	0				0				0
Recorded Investment, with an allowance recorded	[1]	3,066				3,066				3,212
Unpaid Principal Balance, with an allowance recorded	[1]	3,079				3,079				3,215
Recorded Investment	[1]	3,066				3,066				3,212
Unpaid Principal Balance	[1]	3,079				3,079				3,215
Related Allowance	[1]	367				367				419
Average recorded investment in and interest income earned on impaired loans by class [Abstract]
Average Recorded Investment, with No Related Allowance		0	[2]	0		0	[3]	0
Interest Income Recognized, with No Related Allowance		0	[2]	0		0	[3]	0
Average Recorded Investment, with Related Allowance		3,101	[2]	3,453		3,138	[3]	3,419
Interest Income Recognized, with Related Allowance		49	[2]	48		100	[3]	97
Average Recorded Investment		3,101	[2]	3,453		3,138	[3]	3,419
Interest Income Recognized		49	[2]	48		100	[3]	97
Loans Not Secured By Real Estate [Member]
Impaired Loans by class [Abstract]
Recorded Investment, with no related allowance	[1]	0				0				0
Unpaid Principal Balance, with no related allowance	[1]	0				0				0
No Related Allowance	[1]	0				0				0
Recorded Investment, with an allowance recorded	[1]	658				658				711
Unpaid Principal Balance, with an allowance recorded	[1]	767				767				835
Recorded Investment	[1]	658				658				711
Unpaid Principal Balance	[1]	767				767				835
Related Allowance	[1]	60				60				89
Average recorded investment in and interest income earned on impaired loans by class [Abstract]
Average Recorded Investment, with No Related Allowance		0	[2]	0		0	[3]	0
Interest Income Recognized, with No Related Allowance		0	[2]	0		0	[3]	0
Average Recorded Investment, with Related Allowance		668	[2]	715		682	[3]	724
Interest Income Recognized, with Related Allowance		9	[2]	7		19	[3]	17
Average Recorded Investment		668	[2]	715		682	[3]	724
Interest Income Recognized		9	[2]	7		19	[3]	17
Other [Member]
Impaired Loans by class [Abstract]
Recorded Investment, with no related allowance	[1]	0				0				0
Unpaid Principal Balance, with no related allowance	[1]	0				0				0
No Related Allowance	[1]	0				0				0
Recorded Investment, with an allowance recorded	[1]	10				10				12
Unpaid Principal Balance, with an allowance recorded	[1]	10				10				12
Recorded Investment	[1]	10				10				12
Unpaid Principal Balance	[1]	10				10				12
Related Allowance	[1]	1				1				$ 1
Average recorded investment in and interest income earned on impaired loans by class [Abstract]
Average Recorded Investment, with No Related Allowance		0	[2]	0		0	[3]	0
Interest Income Recognized, with No Related Allowance		0	[2]	0		0	[3]	0
Average Recorded Investment, with Related Allowance		11	[2]	15		11	[3]	15
Interest Income Recognized, with Related Allowance		1	[2]	1		1	[3]	1
Average Recorded Investment		11	[2]	15		11	[3]	15
Interest Income Recognized		$ 1	[2]	$ 1		$ 1	[3]	$ 1
[1]	There were no impaired payment plan receivables at June 30, 2015 or December 31, 2014.
[2]	There were no impaired payment plan receivables during the three month periods ended June 30, 2015 and 2014, respectively.
[3]	There were no impaired payment plan receivables during the six month periods ended June 30, 2015 and 2014, respectively.

Loans, Troubled Debt Restructur

Loans, Troubled Debt Restructurings (Details) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2015USD ($)Contract	Jun. 30, 2014USD ($)Contract	Jun. 30, 2015USD ($)Contract	Jun. 30, 2014USD ($)Contract	Dec. 31, 2014USD ($)
Financing Receivable, Modifications [Line Items]
Troubled debt restructuring		$ 104,327		$ 104,327		$ 110,174
Troubled debt restructuring, specific reserve		$ 11,100		$ 11,100		12,200
Loans classified as troubled debt restructurings [Abstract]
Number of contracts | Contract		9	13	21	33
Pre-modification recorded balance		$ 509	$ 2,302	$ 2,073	$ 4,083
Post-modification recorded balance		527	2,526	1,863	4,284
Increase (decrease) in allowance for loan losses		100	(100)	100	100
Charge offs due to troubled debt restructurings		$ 0	$ 20	$ 0	$ 30
TDR that subsequently defaulted [Abstract]
Number of contracts | Contract		2	1	3	1
Recorded Balance		$ 69	$ 253	$ 161	$ 253
Past due period for modified loans		90 days
Increase (decrease) in allowance for loan loss due to TDRs that subsequently defaulted		$ 0	200	(10)	200
Charge-offs on TDRs that subsequently defaulted		0	$ 0	$ 0	$ 0
Minimum [Member]
Financing Receivable, Modifications [Line Items]
Modification of stated interest rate of loans, range of period				9 months
Modifications involving extension of maturity date, period range				1 month
Maximum [Member]
Financing Receivable, Modifications [Line Items]
Modification of stated interest rate of loans, range of period				36 months
Modifications involving extension of maturity date, period range				60 months
Maximum in Certain Circumstances [Member]
Financing Receivable, Modifications [Line Items]
Modification of stated interest rate of loans, range of period				480 months
Modifications involving extension of maturity date, period range				230 months
Commercial [Member]
Financing Receivable, Modifications [Line Items]
Troubled debt restructuring		$ 29,238		$ 29,238		31,453
Income Producing - Real Estate [Member]
Loans classified as troubled debt restructurings [Abstract]
Number of contracts | Contract		1	1	2	3
Pre-modification recorded balance		$ 73	$ 141	$ 229	$ 354
Post-modification recorded balance		$ 73	$ 122	$ 234	$ 332
TDR that subsequently defaulted [Abstract]
Number of contracts | Contract		0	0	0	0
Recorded Balance		$ 0	$ 0	$ 0	$ 0
Land, Land Development and Construction - Real Estate [Member]
Loans classified as troubled debt restructurings [Abstract]
Number of contracts | Contract		0	1	0	1
Pre-modification recorded balance		$ 0	$ 15	$ 0	$ 15
Post-modification recorded balance		$ 0	$ 15	$ 0	$ 15
TDR that subsequently defaulted [Abstract]
Number of contracts | Contract		0	0	0	0
Recorded Balance		$ 0	$ 0	$ 0	$ 0
Commercial and Industrial [Member]
Loans classified as troubled debt restructurings [Abstract]
Number of contracts | Contract		1	2	3	6
Pre-modification recorded balance		$ 17	$ 1,177	$ 253	$ 1,367
Post-modification recorded balance		$ 17	$ 1,439	$ 247	$ 1,628
TDR that subsequently defaulted [Abstract]
Number of contracts | Contract		1	1	2	1
Recorded Balance		$ 65	$ 253	$ 157	$ 253
1-4 Family [Member]
Loans classified as troubled debt restructurings [Abstract]
Number of contracts | Contract		1	3	6	7
Pre-modification recorded balance		$ 25	$ 226	$ 1,030	$ 950
Post-modification recorded balance		$ 40	$ 229	$ 845	$ 968
TDR that subsequently defaulted [Abstract]
Number of contracts | Contract		0	0	0	0
Recorded Balance		$ 0	$ 0	$ 0	$ 0
Resort Lending [Member]
Loans classified as troubled debt restructurings [Abstract]
Number of contracts | Contract		1	1	1	3
Pre-modification recorded balance		$ 313	$ 339	$ 313	$ 633
Post-modification recorded balance		$ 309	$ 341	$ 309	$ 634
TDR that subsequently defaulted [Abstract]
Number of contracts | Contract		0	0	0	0
Recorded Balance		$ 0	$ 0	$ 0	$ 0
Home Equity - 1st Lien [Member]
Loans classified as troubled debt restructurings [Abstract]
Number of contracts | Contract		0	1	0	1
Pre-modification recorded balance		$ 0	$ 17	$ 0	$ 17
Post-modification recorded balance		$ 0	$ 14	$ 0	$ 14
TDR that subsequently defaulted [Abstract]
Number of contracts | Contract		0	0	0	0
Recorded Balance		$ 0	$ 0	$ 0	$ 0
Home Equity - 2nd Lien [Member]
Loans classified as troubled debt restructurings [Abstract]
Number of contracts | Contract		0	0	0	0
Pre-modification recorded balance		$ 0	$ 0	$ 0	$ 0
Post-modification recorded balance		$ 0	$ 0	$ 0	$ 0
TDR that subsequently defaulted [Abstract]
Number of contracts | Contract		0	0	0	0
Recorded Balance		$ 0	$ 0	$ 0	$ 0
Home Equity - 1st Lien [Member]
Loans classified as troubled debt restructurings [Abstract]
Number of contracts | Contract		1	2	5	5
Pre-modification recorded balance		$ 23	$ 314	$ 190	$ 420
Post-modification recorded balance		$ 24	$ 294	$ 164	$ 372
TDR that subsequently defaulted [Abstract]
Number of contracts | Contract		0	0	0	0
Recorded Balance		$ 0	$ 0	$ 0	$ 0
Home Equity - 2nd Lien [Member]
Loans classified as troubled debt restructurings [Abstract]
Number of contracts | Contract		3	2	3	5
Pre-modification recorded balance		$ 58	$ 73	$ 58	$ 294
Post-modification recorded balance		$ 58	$ 72	$ 58	$ 292
TDR that subsequently defaulted [Abstract]
Number of contracts | Contract		0	0	0	0
Recorded Balance		$ 0	$ 0	$ 0	$ 0
Loans Not Secured By Real Estate [Member]
Loans classified as troubled debt restructurings [Abstract]
Number of contracts | Contract		1	0	1	2
Pre-modification recorded balance		$ 0	$ 0	$ 0	$ 33
Post-modification recorded balance		$ 6	$ 0	$ 6	$ 29
TDR that subsequently defaulted [Abstract]
Number of contracts | Contract		1	0	1	0
Recorded Balance		$ 4	$ 0	$ 4	$ 0
Other [Member]
Loans classified as troubled debt restructurings [Abstract]
Number of contracts | Contract		0	0	0	0
Pre-modification recorded balance		$ 0	$ 0	$ 0	$ 0
Post-modification recorded balance		$ 0	$ 0	$ 0	$ 0
TDR that subsequently defaulted [Abstract]
Number of contracts | Contract		0	0	0	0
Recorded Balance		$ 0	$ 0	$ 0	$ 0
Retail [Member]
Financing Receivable, Modifications [Line Items]
Troubled debt restructuring		75,089		75,089		78,721
Performing TDRs [Member]
Financing Receivable, Modifications [Line Items]
Troubled debt restructuring		98,116		98,116		102,971
Performing TDRs [Member] | Commercial [Member]
Financing Receivable, Modifications [Line Items]
Troubled debt restructuring		27,540		27,540		29,475
Performing TDRs [Member] | Retail [Member]
Financing Receivable, Modifications [Line Items]
Troubled debt restructuring		70,576		70,576		73,496
Non-performing TDRs [Member]
Financing Receivable, Modifications [Line Items]
Troubled debt restructuring	[1]	6,211		6,211		7,203
Non-performing TDRs [Member] | Commercial [Member]
Financing Receivable, Modifications [Line Items]
Troubled debt restructuring	[1]	1,698		1,698		1,978
Non-performing TDRs [Member] | Retail [Member]
Financing Receivable, Modifications [Line Items]
Troubled debt restructuring	[1],[2]	$ 4,513		$ 4,513		$ 5,225
[1]	Included in non-performing loans table above.
[2]	Also includes loans on non-accrual at the time of modification until six payments are received on a timely basis.

Loans, Loan Ratings by Loan Cla

Loans, Loan Ratings by Loan Class, Commercial Segment (Details) - USD ($) $ in Thousands		Jun. 30, 2015	Dec. 31, 2014
Loan ratings/credit scores by loan class [Abstract]
Commercial		$ 711,007	$ 690,955
Credit ratings of insurer or risk retention group counterparties [Abstract]
Subsidiary's outstanding payment plan 2, insured by third party (in hundredths)		25.80%
Subsidiary's outstanding payment plan insured by third party (in hundredths)		60.40%
Payment Plan Receivables, Full Refund		$ 24,520	27,853
Payment Plan Receivables, Partial Refund		10,460	7,094
Payment Plan Receivables, Other		5,597	5,054
Total		40,577	40,001
Other Real Estate and Foreclosed Assets [Abstract]
Foreclosed residential real estate properties		3,400	2,900
Retail mortgage loans in process of foreclosure		2,000	2,500
Non-Watch 1-6 [Member]
Loan ratings/credit scores by loan class [Abstract]
Commercial		650,831	645,082
Watch 7-8 [Member]
Loan ratings/credit scores by loan class [Abstract]
Commercial		46,136	34,609
Substandard Accrual 9 [Member]
Loan ratings/credit scores by loan class [Abstract]
Commercial		11,423	8,306
Non Accrual 10-11 [Member]
Loan ratings/credit scores by loan class [Abstract]
Commercial		4,170	4,573
AM Best Rating A+ [Member]
Credit ratings of insurer or risk retention group counterparties [Abstract]
Payment Plan Receivables, Full Refund		0	0
Payment Plan Receivables, Partial Refund		17	43
Payment Plan Receivables, Other		0	0
Total		17	43
AM Best A Rating [Member]
Credit ratings of insurer or risk retention group counterparties [Abstract]
Payment Plan Receivables, Full Refund		4,850	10,007
Payment Plan Receivables, Partial Refund		9,674	6,190
Payment Plan Receivables, Other		0	0
Total		14,524	16,197
AM Best Rating, A Minus Rating [Member]
Credit ratings of insurer or risk retention group counterparties [Abstract]
Payment Plan Receivables, Full Refund		2,779	1,989
Payment Plan Receivables, Partial Refund		671	685
Payment Plan Receivables, Other		5,585	5,054
Total		9,035	7,728
Not Rated [Member]
Credit ratings of insurer or risk retention group counterparties [Abstract]
Payment Plan Receivables, Full Refund		16,891	15,857
Payment Plan Receivables, Partial Refund		98	176
Payment Plan Receivables, Other		12	0
Total		17,001	16,033
Commercial [Member]
Loan ratings/credit scores by loan class [Abstract]
Commercial		712,560	692,570
Income Producing - Real Estate [Member]
Loan ratings/credit scores by loan class [Abstract]
Commercial		259,207	253,066
Income Producing - Real Estate [Member] | Non-Watch 1-6 [Member]
Loan ratings/credit scores by loan class [Abstract]
Commercial		244,392	241,266
Income Producing - Real Estate [Member] | Watch 7-8 [Member]
Loan ratings/credit scores by loan class [Abstract]
Commercial		7,606	8,649
Income Producing - Real Estate [Member] | Substandard Accrual 9 [Member]
Loan ratings/credit scores by loan class [Abstract]
Commercial		6,058	1,918
Income Producing - Real Estate [Member] | Non Accrual 10-11 [Member]
Loan ratings/credit scores by loan class [Abstract]
Commercial		1,151	1,233
Land, Land Development and Construction - Real Estate [Member]
Loan ratings/credit scores by loan class [Abstract]
Commercial		35,984	34,338
Land, Land Development and Construction - Real Estate [Member] | Non-Watch 1-6 [Member]
Loan ratings/credit scores by loan class [Abstract]
Commercial		31,811	30,869
Land, Land Development and Construction - Real Estate [Member] | Watch 7-8 [Member]
Loan ratings/credit scores by loan class [Abstract]
Commercial		3,370	2,485
Land, Land Development and Construction - Real Estate [Member] | Substandard Accrual 9 [Member]
Loan ratings/credit scores by loan class [Abstract]
Commercial		251	390
Land, Land Development and Construction - Real Estate [Member] | Non Accrual 10-11 [Member]
Loan ratings/credit scores by loan class [Abstract]
Commercial		552	594
Commercial and Industrial [Member]
Loan ratings/credit scores by loan class [Abstract]
Commercial		417,369	405,166
Commercial and Industrial [Member] | Non-Watch 1-6 [Member]
Loan ratings/credit scores by loan class [Abstract]
Commercial		374,628	372,947
Commercial and Industrial [Member] | Watch 7-8 [Member]
Loan ratings/credit scores by loan class [Abstract]
Commercial		35,160	23,475
Commercial and Industrial [Member] | Substandard Accrual 9 [Member]
Loan ratings/credit scores by loan class [Abstract]
Commercial		5,114	5,998
Commercial and Industrial [Member] | Non Accrual 10-11 [Member]
Loan ratings/credit scores by loan class [Abstract]
Commercial		2,467	2,746
Mortgage [Member]
Loan ratings/credit scores by loan class [Abstract]
800 and above	[1]	52,923	52,490
750-799	[1]	140,869	139,075
700-749	[1]	101,309	98,199
650-699	[1]	82,766	83,365
600-649	[1]	40,797	39,874
550-599	[1]	22,407	27,715
500-549	[1]	17,543	18,831
Under 500	[1]	5,964	8,074
Unknown	[1]	7,238	7,175
Total	[1]	471,816	474,798
Accrued interest included in total	[1]	2,154	2,170
1-4 Family [Member]
Loan ratings/credit scores by loan class [Abstract]
800 and above	[1]	28,612	27,918
750-799	[1]	76,395	72,674
700-749	[1]	51,900	52,843
650-699	[1]	54,494	51,664
600-649	[1]	29,328	27,770
550-599	[1]	17,245	21,361
500-549	[1]	14,357	14,575
Under 500	[1]	4,351	6,306
Unknown	[1]	4,599	4,075
Total	[1]	281,281	279,186
Accrued interest included in total	[1]	1,349	1,311
Resort Lending [Member]
Loan ratings/credit scores by loan class [Abstract]
800 and above	[1]	12,812	14,484
750-799	[1]	43,145	45,950
700-749	[1]	34,511	32,660
650-699	[1]	16,971	20,250
600-649	[1]	5,872	6,538
550-599	[1]	2,566	3,639
500-549	[1]	1,266	2,156
Under 500	[1]	997	875
Unknown	[1]	2,145	2,184
Total	[1]	120,285	128,736
Accrued interest included in total	[1]	510	562
Home Equity - 1st Lien [Member]
Loan ratings/credit scores by loan class [Abstract]
800 and above	[1]	4,853	3,863
750-799	[1]	6,796	6,128
700-749	[1]	3,825	3,054
650-699	[1]	3,475	3,257
600-649	[1]	1,813	1,704
550-599	[1]	648	994
500-549	[1]	787	699
Under 500	[1]	210	261
Unknown	[1]	236	242
Total	[1]	22,643	20,202
Accrued interest included in total	[1]	95	88
Home Equity - 2nd Lien [Member]
Loan ratings/credit scores by loan class [Abstract]
800 and above	[1]	6,646	6,225
750-799	[1]	14,533	14,323
700-749	[1]	11,073	9,642
650-699	[1]	7,826	8,194
600-649	[1]	3,784	3,862
550-599	[1]	1,948	1,721
500-549	[1]	1,133	1,401
Under 500	[1]	406	632
Unknown	[1]	258	674
Total	[1]	47,607	46,674
Accrued interest included in total	[1]	200	209
Installment [Member]
Loan ratings/credit scores by loan class [Abstract]
800 and above	[1]	43,828	36,674
750-799	[1]	94,929	81,375
700-749	[1]	43,357	38,337
650-699	[1]	24,769	26,207
600-649	[1]	10,028	11,225
550-599	[1]	5,928	5,962
500-549	[1]	2,790	3,920
Under 500	[1]	1,595	1,303
Unknown	[1]	2,215	2,044
Total	[1]	229,439	207,047
Accrued interest included in total	[1]	678	669
Home Equity - 1st Lien [Member]
Loan ratings/credit scores by loan class [Abstract]
800 and above	[1]	2,189	2,272
750-799	[1]	4,762	5,677
700-749	[1]	2,816	3,111
650-699	[1]	3,987	3,963
600-649	[1]	2,299	3,434
550-599	[1]	2,002	2,019
500-549	[1]	800	1,128
Under 500	[1]	780	393
Unknown	[1]	65	77
Total	[1]	19,700	22,074
Accrued interest included in total	[1]	76	93
Home Equity - 2nd Lien [Member]
Loan ratings/credit scores by loan class [Abstract]
800 and above	[1]	2,377	2,835
750-799	[1]	7,711	8,557
700-749	[1]	5,259	6,358
650-699	[1]	4,413	5,477
600-649	[1]	2,452	2,408
550-599	[1]	1,581	1,913
500-549	[1]	875	1,036
Under 500	[1]	301	427
Unknown	[1]	16	81
Total	[1]	24,985	29,092
Accrued interest included in total	[1]	89	112
Loans Not Secured By Real Estate [Member]
Loan ratings/credit scores by loan class [Abstract]
800 and above	[1]	39,189	31,507
750-799	[1]	81,899	66,558
700-749	[1]	34,688	28,179
650-699	[1]	15,871	16,152
600-649	[1]	5,014	5,128
550-599	[1]	2,223	1,896
500-549	[1]	1,062	1,672
Under 500	[1]	502	455
Unknown	[1]	2,105	1,842
Total	[1]	182,553	153,389
Accrued interest included in total	[1]	496	445
Other [Member]
Loan ratings/credit scores by loan class [Abstract]
800 and above	[1]	73	60
750-799	[1]	557	583
700-749	[1]	594	689
650-699	[1]	498	615
600-649	[1]	263	255
550-599	[1]	122	134
500-549	[1]	53	84
Under 500	[1]	12	28
Unknown	[1]	29	44
Total	[1]	2,201	2,492
Accrued interest included in total	[1]	17	19
Accrued interest included in total [Member]
Loan ratings/credit scores by loan class [Abstract]
Commercial		1,553	1,615
Accrued interest included in total [Member] | Non-Watch 1-6 [Member]
Loan ratings/credit scores by loan class [Abstract]
Commercial		1,377	1,479
Accrued interest included in total [Member] | Watch 7-8 [Member]
Loan ratings/credit scores by loan class [Abstract]
Commercial		146	111
Accrued interest included in total [Member] | Substandard Accrual 9 [Member]
Loan ratings/credit scores by loan class [Abstract]
Commercial		30	25
Accrued interest included in total [Member] | Non Accrual 10-11 [Member]
Loan ratings/credit scores by loan class [Abstract]
Commercial		$ 0	$ 0
[1]	Credit scores have been updated within the last twelve months.

Segments (Details)

Segments (Details) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2015USD ($)	Jun. 30, 2014USD ($)	Jun. 30, 2015USD ($)Segment	Jun. 30, 2014USD ($)	Dec. 31, 2014USD ($)
Segments [Abstract]
Number of reportable segments | Segment				2
Selected financial information for reportable segments [Abstract]
Total assets		$ 2,288,954		$ 2,288,954		$ 2,248,730
Interest income		20,131	$ 20,357	39,683	$ 40,640
Net interest income		18,701	18,538	36,792	37,016
Provision for loan losses		(134)	(1,845)	(793)	(1,417)
Income (loss) before income tax		8,243	7,899	13,804	12,504
Net income (loss)		5,619	6,052	9,400	9,190
Other [Member]
Selected financial information for reportable segments [Abstract]
Total assets	[1]	289,977		289,977		286,158
Interest income	[1]	20	16	40	16
Net interest income	[1]	(234)	(326)	(461)	(613)
Provision for loan losses	[1]	0	0	0	0
Income (loss) before income tax	[1]	(356)	(397)	(739)	(802)
Net income (loss)	[1]	(225)	(136)	(469)	(399)
Operating Segments [Member] | IB [Member]
Selected financial information for reportable segments [Abstract]
Total assets		2,214,504		2,214,504		2,174,536
Interest income		18,701	18,511	36,922	36,709
Net interest income		17,717	17,384	34,900	34,467
Provision for loan losses		(138)	(1,838)	(794)	(1,395)
Income (loss) before income tax		8,843	8,014	15,102	12,692
Net income (loss)		5,935	6,115	10,168	9,297
Operating Segments [Member] | Mepco [Member]
Selected financial information for reportable segments [Abstract]
Total assets		63,314		63,314		63,378
Interest income		1,430	1,846	2,761	3,931
Net interest income		1,218	1,480	2,353	3,162
Provision for loan losses		4	(7)	1	(22)
Income (loss) before income tax		(221)	305	(512)	661
Net income (loss)		(77)	201	(269)	444
Elimination [Member]
Selected financial information for reportable segments [Abstract]
Total assets	[2]	(278,841)		(278,841)		$ (275,342)
Interest income	[2]	(20)	(16)	(40)	(16)
Net interest income	[2]	0	0	0	0
Provision for loan losses	[2]	0	0	0	0
Income (loss) before income tax	[2]	(23)	(23)	(47)	(47)
Net income (loss)	[2]	$ (14)	$ (128)	$ (30)	$ (152)
[1]	Includes amounts relating to our parent company and certain insignificant operations.
[2]	Includes parent company's investment in subsidiaries and cash balances maintained at subsidiary.

Shareholders' Equity and Earn42

Shareholders' Equity and Earnings Per Common Share (Details) - USD ($) $ / shares in Units, $ in Thousands		Nov. 15, 2011	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Jan. 21, 2015
Class of Stock [Line Items]
Stock repurchased					$ 3,668	$ 0
Shareholders with certain limited exceptions (in hundredths)		5.00%
Number of Series C Junior participating preferred stock purchase by each right		1/1000
Beneficial ownership level (in hundredths)		4.99%
Discount to current market price of the common stock (in hundredths)		50.00%
Earnings Per Share Reconciliation [Abstract]
Net income			$ 5,619	$ 6,052	$ 9,400	$ 9,190
Weighted average shares outstanding (in shares)	[1]		22,889,000	22,928,000	22,943,000	22,908,000
Restricted stock units (in shares)			310,000	305,000	310,000	304,000
Effect of stock options (in shares)			120,000	126,000	120,000	126,000
Stock units for deferred compensation plan for non-employee directors (in shares)			111,000	107,000	111,000	116,000
Weighted average shares outstanding for calculation of diluted earnings per share (in shares)			23,430,000	23,466,000	23,484,000	23,454,000
Net income per common share [Abstract]
Basic (in dollars per share)	[1]		$ 0.25	$ 0.26	$ 0.41	$ 0.40
Diluted (in dollars per share)			$ 0.24	$ 0.26	$ 0.40	$ 0.39
Common Stock [Member]
Class of Stock [Line Items]
Stock repurchase program percentage of shares authorized to be repurchased (in hundredths)							5.00%
Stock repurchased (in shares)					277,415
Stock repurchased					$ 3,700
Stock Options [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive shares excluded from computation of diluted loss per share (in shares)			30,000	30,000	30,000	30,000
[1]	Basic net income per common share includes weighted average common shares outstanding during the period and participating share awards.

Derivative Financial Instrume43

Derivative Financial Instruments (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2015	Dec. 31, 2014
Derivative financial instrument according to type of hedge[ Abstract]
Notional Amount	$ 115,829	$ 61,959
Average Maturity	2 years 7 months 6 days	1 year 1 month 6 days
Fair Value	$ 878	$ 253
Fair value of derivative instruments, balance sheet location [Abstract]
Asset Derivatives	1,100	619
Liability Derivatives	222	366
No Hedge Designation [Member] | Rate-Lock Mortgage Loan Commitments [Member]
Derivative financial instrument according to type of hedge[ Abstract]
Notional Amount	$ 22,118	$ 16,759
Average Maturity	1 month 6 days	1 month 6 days
Fair Value	$ 542	$ 437
No Hedge Designation [Member] | Mandatory Commitments to Sell Mortgage Loans [Member]
Derivative financial instrument according to type of hedge[ Abstract]
Notional Amount	$ 53,935	$ 38,600
Average Maturity	1 month 6 days	1 month 6 days
Fair Value	$ 336	$ (184)
Fixed Income Interest Rate [Member] | No Hedge Designation [Member] | Interest Rate Swap [Member]
Derivative financial instrument according to type of hedge[ Abstract]
Notional Amount	$ 19,888	$ 3,300
Average Maturity	7 years 6 months	9 years 4 months 24 days
Fair Value	$ (222)	$ (182)
Variable Income Interest Rate [Member] | No Hedge Designation [Member] | Interest Rate Swap [Member]
Derivative financial instrument according to type of hedge[ Abstract]
Notional Amount	$ 19,888	$ 3,300
Average Maturity	7 years 6 months	9 years 4 months 24 days
Fair Value	$ 222	$ 182
Other Assets [Member] | No Hedge Designation [Member] | Rate-Lock Mortgage Loan Commitments [Member]
Fair value of derivative instruments, balance sheet location [Abstract]
Asset Derivatives	542	437
Other Assets [Member] | No Hedge Designation [Member] | Mandatory Commitments to Sell Mortgage Loans [Member]
Fair value of derivative instruments, balance sheet location [Abstract]
Asset Derivatives	336	0
Other Assets [Member] | Fixed Income Interest Rate [Member] | No Hedge Designation [Member] | Interest Rate Swap [Member]
Fair value of derivative instruments, balance sheet location [Abstract]
Asset Derivatives	0	0
Other Assets [Member] | Variable Income Interest Rate [Member] | No Hedge Designation [Member] | Interest Rate Swap [Member]
Fair value of derivative instruments, balance sheet location [Abstract]
Asset Derivatives	222	182
Other Liabilities [Member] | No Hedge Designation [Member] | Rate-Lock Mortgage Loan Commitments [Member]
Fair value of derivative instruments, balance sheet location [Abstract]
Liability Derivatives	0	0
Other Liabilities [Member] | No Hedge Designation [Member] | Mandatory Commitments to Sell Mortgage Loans [Member]
Fair value of derivative instruments, balance sheet location [Abstract]
Liability Derivatives	0	184
Other Liabilities [Member] | Fixed Income Interest Rate [Member] | No Hedge Designation [Member] | Interest Rate Swap [Member]
Fair value of derivative instruments, balance sheet location [Abstract]
Liability Derivatives	222	182
Other Liabilities [Member] | Variable Income Interest Rate [Member] | No Hedge Designation [Member] | Interest Rate Swap [Member]
Fair value of derivative instruments, balance sheet location [Abstract]
Liability Derivatives	$ 0	$ 0

Derivative Financial Instrume44

Derivative Financial Instruments, Effect on Statement of Operations (Details) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Cash Flow Hedge [Member]
Effect of derivative financial instruments on the condensed consolidated financial statements of operations [Abstract]
Gain (Loss) Recognized in Other Comprehensive Income (Loss) (Effective Portion)		$ 0	$ 0	$ 0	$ 0
Gain (Loss) Reclassified from Accumulated Other Comprehensive Loss into Income (Effective Portion)		0	(95)	0	(190)
Gain (Loss) Recognized in Income	[1]	0	0	0	0
Cash Flow Hedge [Member] | Fixed Income Interest Rate [Member] | Interest Rate Swap [Member]
Effect of derivative financial instruments on the condensed consolidated financial statements of operations [Abstract]
Gain (Loss) Recognized in Other Comprehensive Income (Loss) (Effective Portion)	[2]	0	0	0	0
Gain (Loss) Recognized in Income	[1],[2]	0	0	0	0
Cash Flow Hedge [Member] | Fixed Income Interest Rate [Member] | Interest Rate Swap [Member] | Interest Expense [Member]
Effect of derivative financial instruments on the condensed consolidated financial statements of operations [Abstract]
Gain (Loss) Reclassified from Accumulated Other Comprehensive Loss into Income (Effective Portion)	[2]	0	(95)	0	(190)
No Hedge Designation [Member]
Effect of derivative financial instruments on the condensed consolidated financial statements of operations [Abstract]
Gain (Loss) Recognized in Income	[1]	276	19	625	(78)
No Hedge Designation [Member] | Rate-Lock Mortgage Loan Commitments [Member] | Net Mortgage Loan Gains [Member]
Effect of derivative financial instruments on the condensed consolidated financial statements of operations [Abstract]
Gain (Loss) Recognized in Income	[1]	(283)	238	105	224
No Hedge Designation [Member] | Mandatory Commitments to Sell Mortgage Loans [Member] | Net Mortgage Loan Gains [Member]
Effect of derivative financial instruments on the condensed consolidated financial statements of operations [Abstract]
Gain (Loss) Recognized in Income	[1]	559	(271)	520	(354)
No Hedge Designation [Member] | U.S. Treasury short position [Member] | Gain on securities [Member]
Effect of derivative financial instruments on the condensed consolidated financial statements of operations [Abstract]
Gain (Loss) Recognized in Income	[1]	0	52	0	52
No Hedge Designation [Member] | Fixed Income Interest Rate [Member] | Interest Rate Swap [Member] | Interest Income [Member]
Effect of derivative financial instruments on the condensed consolidated financial statements of operations [Abstract]
Gain (Loss) Recognized in Income	[1]	221	(99)	(40)	(99)
No Hedge Designation [Member] | Variable Income Interest Rate [Member] | Interest Rate Swap [Member] | Interest Income [Member]
Effect of derivative financial instruments on the condensed consolidated financial statements of operations [Abstract]
Gain (Loss) Recognized in Income	[1]	$ (221)	$ 99	$ 40	$ 99
[1]	For cash flow hedges, this location and amount refers to the ineffective portion.
[2]	Relates to a terminated pay-fixed interest rate swap whose termination fee was included in accumulated other comprehensive income and was being amortized into earnings through December 31, 2014.

Intangible Assets (Details)

Intangible Assets (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Amortized intangible assets - core deposits [Abstract]
Gross Carrying Amount	$ 6,118	$ 6,118
Accumulated Amortization	3,665	$ 3,491
Summary of estimated intangible amortization [Abstract]
Six months ending December 31, 2015	173
2,016	347
2,017	346
2,018	346
2,019	346
2020 and thereafter	895
Total	$ 2,453

Share Based Compensation (Detai

Share Based Compensation (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended				6 Months Ended
	Jun. 30, 2015	Mar. 31, 2015	Jun. 30, 2014	Mar. 31, 2014	Jun. 30, 2015	Jun. 30, 2014
Share based compensation arrangements [Line Items]
Number of additional shares approved for grant (in shares)					300,000
Total compensation cost not yet recognized	$ 2,100				$ 2,100
Total compensation cost not yet recognized, period for recognition					2 years
Information regarding options exercised [Abstract]
Intrinsic value	187		$ 93		$ 243	$ 108
Cash proceeds received	67		26		82	36
Tax benefit realized	$ 65		$ 32		85	37
Long-term incentive plan [Member]
Share based compensation arrangements [Line Items]
Number of additional shares approved for grant (in shares)	0		0
Total compensation expense (recovery) recognized	$ 400		$ 300		700	500
Tax benefit relating to compensation expense recognized	$ 100		100		$ 300	$ 200
Stock Options [Member]
Outstanding stock option grants and transaction [Roll Forward]
Outstanding, beginning balance (in shares)		281,820			281,820
Granted (in shares)					0
Exercised (in shares)					(24,774)
Forfeited (in shares)					(1,531)
Expired (in shares)					(757)
Outstanding, ending balance (in shares)	254,758				254,758
Vested and expected to vest, period end (in shares)	252,880				252,880
Exercisable, period end (in shares)	198,882				198,882
Weighted Average Exercise Price [Roll Forward]
Outstanding, beginning balance (in dollars per share)		$ 4.69			$ 4.69
Exercised (in dollars per share)					3.33
Forfeited (in dollars per share)					4.72
Expired (in dollars per share)					13.81
Outstanding, ending balance (in dollars per share)	$ 4.80				4.80
Vested and expected to vest, period end (in dollars per share)	4.79				4.79
Exercisable, period end (in dollars per share)	$ 4.96				$ 4.96
Weighted-Average Remaining Contractual Term [Abstract]
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2					6 years 7 months 2 days
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1					6 years 6 months 29 days
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1					6 years 4 months 2 days
Aggregate intrinsic value [Abstract]
Outstanding, Aggregate Intrinsic Value	$ 2,293				$ 2,293
Vested and Expected to Vest, Outstanding, Aggregate Intrinsic Value	2,278				2,278
Exercisable, Aggregate Intrinsic Value	$ 1,772				$ 1,772
Non-Vested Restricted Stock, Restricted Stock Units and PSU's [Member]
Number of Shares [Roll Forward]
Outstanding, beginning balance (in shares)		407,130			407,130
Granted (in shares)					107,156
Vested (in shares)					(22,119)
Forfeited (in shares)					(3,380)
Outstanding, ending balance (in shares)	488,787				488,787
Weighted Average Grant Date Fair Value [Roll Forward]
Outstanding, beginning balance (in dollars per share)		$ 6.31			$ 6.31
Granted (in dollars per share)					13.04
Vested (in dollars per share)					12.78
Forfeited (in dollars per share)					12.93
Outstanding, ending balance (in dollars per share)	$ 7.45				$ 7.45
Director [Member]
Share based compensation arrangements [Line Items]
Shares issues as retainer fees (in shares)					2,000	7,000
Non-Employee Directors [Member]
Share based compensation arrangements [Line Items]
Number of additional shares approved for grant (in shares)					200,000
Total compensation expense (recovery) recognized	$ 20		50		$ 30	$ 90
Tax benefit relating to compensation expense recognized	$ 10		$ 20		$ 10	$ 30
Officers [Member] | Restricted Stock [Member] | Long-term incentive plan [Member]
Share based compensation arrangements [Line Items]
Number of stock units or restricted shares issued in period (in shares)		70,000		70,000
Vesting period		3 years		3 years
Officers [Member] | Performance stock units [Member] | Long-term incentive plan [Member]
Share based compensation arrangements [Line Items]
Number of stock units or restricted shares issued in period (in shares)		30,000		30,000
Vesting period		3 years		3 years

Income Tax (Details)

Income Tax (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
Income Tax [Abstract]
Income tax expense (benefit)	$ 2,624	$ 1,847	$ 4,404	$ 3,314
Gross unrecognized tax benefits	1,000		1,000		$ 1,100
Valuation Allowance [Line Items]
Valuation allowance	1,000		1,000		$ 1,000
Mepco [Member]
Valuation Allowance [Line Items]
Valuation allowance against deferred tax assets attributable to Mepco	$ 1,000		$ 1,000

Regulatory Matters (Details)

Regulatory Matters (Details) - USD ($) $ in Thousands	Jan. 31, 2015	Mar. 31, 2014	Jun. 30, 2015	Mar. 31, 2015	Feb. 17, 2015	Dec. 31, 2014	Jun. 30, 2014	Apr. 09, 2014	Dec. 31, 2013	Jul. 02, 2013
Regulatory Matters [Abstract]
Undivided profits			$ (21,200)
Common Equity Tier One Risk Based Capital To Risk Weighted Assets Required (in hundredths)										4.50%
Common Equity Tier One Risk Based Capital To Risk Weighted Assets Conservation Buffer Required (in hundredths)										2.50%
Minimum leverage ratio (in hundredths)										4.00%
Request for approval to transfer capital from bank to parent entity	$ 18,500	$ 15,000
Transfer of capital from bank to the parent company					$ 18,500			$ 15,000
Components of regulatory capital [Abstract]
Total shareholders' equity			254,375			$ 250,371	$ 242,961		$ 231,581
Add (deduct) [Abstract]
Accumulated other comprehensive loss		$ (7,644)	(5,390)	$ (4,202)		(5,636)	$ (6,298)		$ (9,245)
Intangible assets			(2,453)			(2,627)
Minimum [Member]
Tier 1 capital to risk-weighted assets [Abstract]
Minimum for Adequately Capitalized Institutions, Ratio (in hundredths)										4.00%
Add (deduct) [Abstract]
Minimum ratio of tier 1 capital to risk weighted assets (in hundredths)										4.00%
Maximum [Member]
Tier 1 capital to risk-weighted assets [Abstract]
Minimum for Adequately Capitalized Institutions, Ratio (in hundredths)										6.00%
Add (deduct) [Abstract]
Minimum ratio of tier 1 capital to risk weighted assets (in hundredths)										6.00%
Consolidated [Member]
Total capital to risk-weighted assets [Abstract]
Total risk-based capital			275,836			265,163
Minimum for Adequately Capitalized Institutions, Amount			$ 127,340			$ 117,427
Actual, Ratio (in hundredths)			17.33%			18.06%
Minimum for Adequately Capitalized Institutions, Ratio (in hundredths)			8.00%			8.00%
Tier 1 capital to risk-weighted assets [Abstract]
Actual, Amount			$ 255,639			$ 246,628
Minimum for Adequately Capitalized Institutions, Amount			$ 95,505			$ 58,714
Actual, Ratio (in hundredths)			16.06%			16.80%
Minimum for Adequately Capitalized Institutions, Ratio (in hundredths)			6.00%			4.00%
Common equity tier 1 capital to risk-weighted assets [Abstract]
Actual, Amount			$ 240,247			$ 212,128
Minimum for Adequately Capitalized Institutions, Amount			$ 71,629
Actual, Ratio (in hundredths)			15.09%
Minimum for Adequately Capitalized Institutions, Ratio (in hundredths)			4.50%
Tier 1 capital to average assets [Abstract]
Tier 1 capital			$ 255,639			246,628
Minimum for Adequately Capitalized Institutions, Amount			$ 90,357			$ 88,206
Actual, Ratio (in hundredths)			11.32%			11.18%
Minimum for Adequately Capitalized Institutions, Ratio (in hundredths)			4.00%			4.00%
Components of regulatory capital [Abstract]
Total shareholders' equity			$ 254,375			$ 250,371
Add (deduct) [Abstract]
Accumulated other comprehensive loss			(408)			5,636
Intangible assets			(981)			(2,627)
Disallowed deferred tax assets			(12,739)			(40,500)
Disallowed capitalized mortgage loan servicing rights			0			(752)
Common equity tier 1 capital			240,247			212,128
Qualifying trust preferred securities			34,500			34,500
Disallowed deferred tax assets			(19,108)			0
Tier 1 capital			255,639			246,628
Allowance for loan losses and allowance for unfunded lending commitments limited to 1.25% of total risk-weighted assets			20,197			18,535
Total risk-based capital			$ 275,836			$ 265,163
Minimum ratio of tier 1 capital to risk weighted assets (in hundredths)			6.00%			4.00%
Independent Bank [Member]
Total capital to risk-weighted assets [Abstract]
Total risk-based capital			$ 245,543			$ 247,883
Minimum for Adequately Capitalized Institutions, Amount			127,178			117,374
Minimum for Well Capitalized Institutions, Amount			$ 158,972			$ 146,718
Actual, Ratio (in hundredths)			15.45%			16.90%
Minimum for Adequately Capitalized Institutions, Ratio (in hundredths)			8.00%			8.00%
Minimum for Well-Capitalized Institutions, Ratio (in hundredths)			10.00%			10.00%
Tier 1 capital to risk-weighted assets [Abstract]
Actual, Amount			$ 225,439			$ 229,361
Minimum for Adequately Capitalized Institutions, Amount			95,383			58,687
Minimum for Well-Capitalized Institutions, Amount			$ 127,178			$ 88,031
Actual, Ratio (in hundredths)			14.18%			15.63%
Minimum for Adequately Capitalized Institutions, Ratio (in hundredths)			6.00%			4.00%
Minimum for Well Capitalized Institutions, Ratio (in hundredths)			8.00%			6.00%
Common equity tier 1 capital to risk-weighted assets [Abstract]
Actual, Amount			$ 225,439			$ 229,361
Minimum for Adequately Capitalized Institutions, Amount			71,538
Minimum for Well-Capitalized Institutions, Amount			$ 103,332
Actual, Ratio (in hundredths)			14.18%
Minimum for Adequately Capitalized Institutions, Ratio (in hundredths)			4.50%
Minimum for Well Capitalized Institutions, Ratio (in hundredths)			6.50%
Tier 1 capital to average assets [Abstract]
Tier 1 capital			$ 225,439			229,361
Minimum for Adequately Capitalized Institutions, Amount			90,283			87,687
Minimum for Well-Capitalized Institutions, Amount			$ 112,853			$ 109,609
Actual, Ratio (in hundredths)			9.99%			10.46%
Minimum for Adequately Capitalized Institutions, Ratio (in hundredths)			4.00%			4.00%
Minimum for Well-Capitalized Institutions, Ratio (in hundredths)			5.00%			5.00%
Components of regulatory capital [Abstract]
Total shareholders' equity			$ 249,477			$ 257,832
Add (deduct) [Abstract]
Accumulated other comprehensive loss			(408)			5,636
Intangible assets			(981)			(2,627)
Disallowed deferred tax assets			(22,649)			(30,728)
Disallowed capitalized mortgage loan servicing rights			0			(752)
Common equity tier 1 capital			225,439			229,361
Qualifying trust preferred securities			0			0
Disallowed deferred tax assets			0			0
Tier 1 capital			225,439			229,361
Allowance for loan losses and allowance for unfunded lending commitments limited to 1.25% of total risk-weighted assets			20,104			18,522
Total risk-based capital			$ 245,543			$ 247,883
Minimum ratio of tier 1 capital to risk weighted assets (in hundredths)			6.00%			4.00%

Fair Value Disclosures Part 1 (

Fair Value Disclosures Part 1 (Details) - USD ($) $ in Thousands		Jun. 30, 2015	Dec. 31, 2014
Fair Value Disclosures [Abstract]
Value of collateral-dependent impaired loans that will be reviewed by independent third party, minimum		$ 250
Value of collateral-dependent impaired loans that will be reviewed by special assets group, maximum		250
Assets [Abstract]
Trading securities		180	$ 203
Securities available for sale		557,695	533,178
Assets [Abstract]
Capitalized mortgage loan servicing rights		8,895	9,197
U.S. Agency [Member]
Assets [Abstract]
Securities available for sale		36,271	35,006
U.S. Agency Residential Mortgage-Backed [Member]
Assets [Abstract]
Securities available for sale		217,980	257,558
U.S. Agency Commercial Mortgage-Backed [Member]
Assets [Abstract]
Securities available for sale		30,160	33,728
Private Label Residential Mortgage-Backed [Member]
Assets [Abstract]
Securities available for sale		5,460	6,013
Other Asset Backed [Member]
Assets [Abstract]
Securities available for sale		108,312	32,353
Obligations of States and Political Subdivisions [Member]
Assets [Abstract]
Securities available for sale		134,363	143,415
Corporate [Member]
Assets [Abstract]
Securities available for sale		22,635	22,664
Trust Preferred [Member]
Assets [Abstract]
Securities available for sale		2,514	2,441
Fair Value Measurements [Member] | Fair Value, Measurements, Recurring [Member]
Assets [Abstract]
Trading securities		180	203
Loans held for sale		30,518	23,662
Derivatives	[1]	1,100	619
Liabilities [Abstract]
Derivatives	[2]	222	366
Fair Value Measurements [Member] | Fair Value, Measurements, Recurring [Member] | U.S. Agency [Member]
Assets [Abstract]
Securities available for sale		36,271	35,006
Fair Value Measurements [Member] | Fair Value, Measurements, Recurring [Member] | U.S. Agency Residential Mortgage-Backed [Member]
Assets [Abstract]
Securities available for sale		217,980	257,558
Fair Value Measurements [Member] | Fair Value, Measurements, Recurring [Member] | U.S. Agency Commercial Mortgage-Backed [Member]
Assets [Abstract]
Securities available for sale		30,160	33,728
Fair Value Measurements [Member] | Fair Value, Measurements, Recurring [Member] | Private Label Residential Mortgage-Backed [Member]
Assets [Abstract]
Securities available for sale		5,460	6,013
Fair Value Measurements [Member] | Fair Value, Measurements, Recurring [Member] | Other Asset Backed [Member]
Assets [Abstract]
Securities available for sale		108,312	32,353
Fair Value Measurements [Member] | Fair Value, Measurements, Recurring [Member] | Obligations of States and Political Subdivisions [Member]
Assets [Abstract]
Securities available for sale		134,363	143,415
Fair Value Measurements [Member] | Fair Value, Measurements, Recurring [Member] | Corporate [Member]
Assets [Abstract]
Securities available for sale		22,635	22,664
Fair Value Measurements [Member] | Fair Value, Measurements, Recurring [Member] | Trust Preferred [Member]
Assets [Abstract]
Securities available for sale		2,514	2,441
Fair Value Measurements [Member] | Fair Value, Measurements, Nonrecurring [Member]
Assets [Abstract]
Capitalized mortgage loan servicing rights	[3]	8,895	9,197
Fair Value Measurements [Member] | Fair Value, Measurements, Nonrecurring [Member] | Impaired Loans [Member]
Commercial [Abstract]
Income producing - real estate	[4]	852	869
Land, land development & construction - real estate	[4]	126	354
Commercial and industrial	[4]	1,774	2,601
Mortgage [Abstract]
1-4 Family	[4]	631	1,306
Resort Lending	[4]	141
Commercial [Abstract]
Income producing - real estate	[4]	852	869
Land, land development & construction - real estate	[4]	126	354
Commercial and industrial	[4]	1,774	2,601
Mortgage [Abstract]
1-4 Family	[4]	631	1,306
Resort Lending	[4]	141
Fair Value Measurements [Member] | Fair Value, Measurements, Nonrecurring [Member] | Other Real Estate [Member]
Commercial [Abstract]
Income producing - real estate	[5]		479
Land, land development & construction - real estate	[5]	639	737
Commercial and industrial	[5]	165
Mortgage [Abstract]
1-4 Family	[5]	135	102
Resort Lending	[5]	251	575
Commercial [Abstract]
Income producing - real estate	[5]		479
Land, land development & construction - real estate	[5]	639	737
Commercial and industrial	[5]	165
Mortgage [Abstract]
1-4 Family	[5]	135	102
Resort Lending	[5]	251	575
Home equity - 1st lien	[5]	10
Installment [Abstract]
Home equity - 1st lien	[5]	43	13
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Assets [Abstract]
Trading securities		180	203
Securities available for sale		0	0
Derivatives		0	0
Liabilities [Abstract]
Derivatives		0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Fair Value, Measurements, Recurring [Member]
Assets [Abstract]
Trading securities		180	203
Loans held for sale		0	0
Derivatives	[1]	0	0
Liabilities [Abstract]
Derivatives	[2]	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Fair Value, Measurements, Recurring [Member] | U.S. Agency [Member]
Assets [Abstract]
Securities available for sale		0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Fair Value, Measurements, Recurring [Member] | U.S. Agency Residential Mortgage-Backed [Member]
Assets [Abstract]
Securities available for sale		0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Fair Value, Measurements, Recurring [Member] | U.S. Agency Commercial Mortgage-Backed [Member]
Assets [Abstract]
Securities available for sale		0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Fair Value, Measurements, Recurring [Member] | Private Label Residential Mortgage-Backed [Member]
Assets [Abstract]
Securities available for sale		0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Fair Value, Measurements, Recurring [Member] | Other Asset Backed [Member]
Assets [Abstract]
Securities available for sale		0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Fair Value, Measurements, Recurring [Member] | Obligations of States and Political Subdivisions [Member]
Assets [Abstract]
Securities available for sale		0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Fair Value, Measurements, Recurring [Member] | Corporate [Member]
Assets [Abstract]
Securities available for sale		0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Fair Value, Measurements, Recurring [Member] | Trust Preferred [Member]
Assets [Abstract]
Securities available for sale		0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Fair Value, Measurements, Nonrecurring [Member]
Assets [Abstract]
Capitalized mortgage loan servicing rights	[3]	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Fair Value, Measurements, Nonrecurring [Member] | Impaired Loans [Member]
Commercial [Abstract]
Income producing - real estate	[4]	0	0
Land, land development & construction - real estate	[4]	0	0
Commercial and industrial	[4]	0	0
Mortgage [Abstract]
1-4 Family	[4]	0	0
Resort Lending	[4]	0
Commercial [Abstract]
Income producing - real estate	[4]	0	0
Land, land development & construction - real estate	[4]	0	0
Commercial and industrial	[4]	0	0
Mortgage [Abstract]
1-4 Family	[4]	0	0
Resort Lending	[4]	0
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Fair Value, Measurements, Nonrecurring [Member] | Other Real Estate [Member]
Commercial [Abstract]
Income producing - real estate	[5]		0
Land, land development & construction - real estate	[5]	0	0
Commercial and industrial	[5]	0
Mortgage [Abstract]
1-4 Family	[5]	0	0
Resort Lending	[5]	0	0
Commercial [Abstract]
Income producing - real estate	[5]		0
Land, land development & construction - real estate	[5]	0	0
Commercial and industrial	[5]	0
Mortgage [Abstract]
1-4 Family	[5]	0	0
Resort Lending	[5]	0	0
Home equity - 1st lien	[5]	0
Installment [Abstract]
Home equity - 1st lien	[5]	0	0
Significant Other Observable Inputs (Level 2) [Member]
Assets [Abstract]
Trading securities		0	0
Securities available for sale		557,695	533,178
Derivatives		1,100	619
Liabilities [Abstract]
Derivatives		222	366
Significant Other Observable Inputs (Level 2) [Member] | Fair Value, Measurements, Recurring [Member]
Assets [Abstract]
Trading securities		0	0
Loans held for sale		30,518	23,662
Derivatives	[1]	1,100	619
Liabilities [Abstract]
Derivatives	[2]	222	366
Significant Other Observable Inputs (Level 2) [Member] | Fair Value, Measurements, Recurring [Member] | U.S. Agency [Member]
Assets [Abstract]
Securities available for sale		36,271	35,006
Significant Other Observable Inputs (Level 2) [Member] | Fair Value, Measurements, Recurring [Member] | U.S. Agency Residential Mortgage-Backed [Member]
Assets [Abstract]
Securities available for sale		217,980	257,558
Significant Other Observable Inputs (Level 2) [Member] | Fair Value, Measurements, Recurring [Member] | U.S. Agency Commercial Mortgage-Backed [Member]
Assets [Abstract]
Securities available for sale		30,160	33,728
Significant Other Observable Inputs (Level 2) [Member] | Fair Value, Measurements, Recurring [Member] | Private Label Residential Mortgage-Backed [Member]
Assets [Abstract]
Securities available for sale		5,460	6,013
Significant Other Observable Inputs (Level 2) [Member] | Fair Value, Measurements, Recurring [Member] | Other Asset Backed [Member]
Assets [Abstract]
Securities available for sale		108,312	32,353
Significant Other Observable Inputs (Level 2) [Member] | Fair Value, Measurements, Recurring [Member] | Obligations of States and Political Subdivisions [Member]
Assets [Abstract]
Securities available for sale		134,363	143,415
Significant Other Observable Inputs (Level 2) [Member] | Fair Value, Measurements, Recurring [Member] | Corporate [Member]
Assets [Abstract]
Securities available for sale		22,635	22,664
Significant Other Observable Inputs (Level 2) [Member] | Fair Value, Measurements, Recurring [Member] | Trust Preferred [Member]
Assets [Abstract]
Securities available for sale		2,514	2,441
Significant Other Observable Inputs (Level 2) [Member] | Fair Value, Measurements, Nonrecurring [Member]
Assets [Abstract]
Capitalized mortgage loan servicing rights	[3]	0	0
Significant Other Observable Inputs (Level 2) [Member] | Fair Value, Measurements, Nonrecurring [Member] | Impaired Loans [Member]
Commercial [Abstract]
Income producing - real estate	[4]	0	0
Land, land development & construction - real estate	[4]	0	0
Commercial and industrial	[4]	0	0
Mortgage [Abstract]
1-4 Family	[4]	0	0
Resort Lending	[4]	0
Commercial [Abstract]
Income producing - real estate	[4]	0	0
Land, land development & construction - real estate	[4]	0	0
Commercial and industrial	[4]	0	0
Mortgage [Abstract]
1-4 Family	[4]	0	0
Resort Lending	[4]	0
Significant Other Observable Inputs (Level 2) [Member] | Fair Value, Measurements, Nonrecurring [Member] | Other Real Estate [Member]
Commercial [Abstract]
Income producing - real estate	[5]		0
Land, land development & construction - real estate	[5]	0	0
Commercial and industrial	[5]	0
Mortgage [Abstract]
1-4 Family	[5]	0	0
Resort Lending	[5]	0	0
Commercial [Abstract]
Income producing - real estate	[5]		0
Land, land development & construction - real estate	[5]	0	0
Commercial and industrial	[5]	0
Mortgage [Abstract]
1-4 Family	[5]	0	0
Resort Lending	[5]	0	0
Home equity - 1st lien	[5]	0
Installment [Abstract]
Home equity - 1st lien	[5]	0	0
Significant Unobservable Inputs (Level 3) [Member]
Assets [Abstract]
Trading securities		0	0
Securities available for sale		0	0
Derivatives		0	0
Liabilities [Abstract]
Derivatives		0	0
Significant Unobservable Inputs (Level 3) [Member] | Fair Value, Measurements, Recurring [Member]
Assets [Abstract]
Trading securities		0	0
Loans held for sale		0	0
Derivatives	[1]	0	0
Liabilities [Abstract]
Derivatives	[2]	0	0
Significant Unobservable Inputs (Level 3) [Member] | Fair Value, Measurements, Recurring [Member] | U.S. Agency [Member]
Assets [Abstract]
Securities available for sale		0	0
Significant Unobservable Inputs (Level 3) [Member] | Fair Value, Measurements, Recurring [Member] | U.S. Agency Residential Mortgage-Backed [Member]
Assets [Abstract]
Securities available for sale		0	0
Significant Unobservable Inputs (Level 3) [Member] | Fair Value, Measurements, Recurring [Member] | U.S. Agency Commercial Mortgage-Backed [Member]
Assets [Abstract]
Securities available for sale		0	0
Significant Unobservable Inputs (Level 3) [Member] | Fair Value, Measurements, Recurring [Member] | Private Label Residential Mortgage-Backed [Member]
Assets [Abstract]
Securities available for sale		0	0
Significant Unobservable Inputs (Level 3) [Member] | Fair Value, Measurements, Recurring [Member] | Other Asset Backed [Member]
Assets [Abstract]
Securities available for sale		0	0
Significant Unobservable Inputs (Level 3) [Member] | Fair Value, Measurements, Recurring [Member] | Obligations of States and Political Subdivisions [Member]
Assets [Abstract]
Securities available for sale		0	0
Significant Unobservable Inputs (Level 3) [Member] | Fair Value, Measurements, Recurring [Member] | Corporate [Member]
Assets [Abstract]
Securities available for sale		0	0
Significant Unobservable Inputs (Level 3) [Member] | Fair Value, Measurements, Recurring [Member] | Trust Preferred [Member]
Assets [Abstract]
Securities available for sale		0	0
Significant Unobservable Inputs (Level 3) [Member] | Fair Value, Measurements, Nonrecurring [Member]
Assets [Abstract]
Capitalized mortgage loan servicing rights	[3]	8,895	9,197
Significant Unobservable Inputs (Level 3) [Member] | Fair Value, Measurements, Nonrecurring [Member] | Impaired Loans [Member]
Commercial [Abstract]
Income producing - real estate	[4]	852	869
Land, land development & construction - real estate	[4]	126	354
Commercial and industrial	[4]	1,774	2,601
Mortgage [Abstract]
1-4 Family	[4]	631	1,306
Resort Lending	[4]	141
Commercial [Abstract]
Income producing - real estate	[4]	852	869
Land, land development & construction - real estate	[4]	126	354
Commercial and industrial	[4]	1,774	2,601
Mortgage [Abstract]
1-4 Family	[4]	631	1,306
Resort Lending	[4]	141
Significant Unobservable Inputs (Level 3) [Member] | Fair Value, Measurements, Nonrecurring [Member] | Other Real Estate [Member]
Commercial [Abstract]
Income producing - real estate	[5]		479
Land, land development & construction - real estate	[5]	639	737
Commercial and industrial	[5]	165
Mortgage [Abstract]
1-4 Family	[5]	135	102
Resort Lending	[5]	251	575
Commercial [Abstract]
Income producing - real estate	[5]		479
Land, land development & construction - real estate	[5]	639	737
Commercial and industrial	[5]	165
Mortgage [Abstract]
1-4 Family	[5]	135	102
Resort Lending	[5]	251	575
Home equity - 1st lien	[5]	10
Installment [Abstract]
Home equity - 1st lien	[5]	$ 43	$ 13
[1]	Included in accrued income and other assets.
[2]	Included in accrued expenses and other liabilities.
[3]	Only includes servicing rights that are carried at fair value due to recognition of a valuation allowance.
[4]	Only includes impaired loans with specific loss allocations based on collateral value.
[5]	Only includes other real estate with subsequent write downs to fair value.

Fair Value Disclosures, Part 2

Fair Value Disclosures, Part 2 (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
Impairment charges recognized [Abstract]
Capitalized mortgage loan servicing rights, carrying amount	$ 8,900		$ 8,900		$ 9,200
Capitalized mortgage loan servicing rights, valuation allowance	3,200		3,200		3,800
Capitalized mortgage loan servicing rights, recovery (charges)	1,200	$ (200)	500	$ (500)
Collateral dependent loans, carrying amount	6,600		6,600		8,200
Collateral dependent loans, valuation allowance	3,100		3,100		3,100
Additional provision for loan losses on impaired loans	500	200	1,000	1,500
Other real estate, carrying amount	1,200		1,200		1,900
Other real estate, valuation allowance	2,300		2,300		2,500
Other real estate, additional charge	$ 220	$ 30	370	60
Impaired Loans Commercial [Member]
Impairment charges recognized [Abstract]
Total impaired collateral value			$ 500		$ 1,100
Impaired Loans Commercial [Member] | Minimum [Member]
Impairment charges recognized [Abstract]
Discount rate (in hundredths)			0.00%		35.00%
Impaired Loans Commercial [Member] | Maximum [Member]
Impairment charges recognized [Abstract]
Discount rate (in hundredths)			100.00%		100.00%
Trading Securities [Member]
Changes in fair value for financial assets [Abstract]
Net Gains (Losses) on Assets			$ (23)	111
Total Change in Fair Values Included in Current Period Earnings			(23)	111
Loans Held For Sale [Member]
Changes in fair value for financial assets [Abstract]
Net Gains (Losses) on Assets			(121)	348
Total Change in Fair Values Included in Current Period Earnings			$ (121)	$ 348

Fair Value Disclosures, Part 3

Fair Value Disclosures, Part 3 (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Fair value option - Loans held for sale [Abstract]
Loans held for sale	$ 30,518	$ 23,662
Difference	503	624
Aggregate Fair Value [Member]
Fair value option - Loans held for sale [Abstract]
Loans held for sale	30,518	23,662
Contractual Principal [Member]
Fair value option - Loans held for sale [Abstract]
Loans held for sale	$ 30,015	$ 23,038

Fair Value Disclosures, Part 4

Fair Value Disclosures, Part 4 (Details) - Fair Value Hierarchy [Domain] - USD ($)		3 Months Ended	12 Months Ended
		Jun. 30, 2015	Dec. 31, 2014
Asset (Liability) Fair Value [Abstract]
Capitalized mortgage loan servicing rights		$ 8,895,000	$ 9,197,000
Impaired Loans Commercial [Member]
Impaired loan [Abstract]
Commercial	[1]	2,220,000	2,751,000
Impaired Loans Mortgage [Member]
Impaired loan [Abstract]
Mortgage		772,000	1,306,000
Other Real Estate Commercial [Member]
Other real estate [Abstract]
Commercial		804,000	1,216,000
Other Real Estate Mortgage and Installment [Member]
Other real estate [Abstract]
Mortgage and installment		$ 439,000	$ 690,000
Income Approach [Member] | Impaired Loans Commercial [Member]
Unobservable Inputs Weighted Average [Abstract]
Capitalization rate (in hundredths)		9.30%	9.30%
Present Value of Net Servicing Revenue [Member]
Unobservable Inputs Weighted Average [Abstract]
Discount rate (in hundredths)		10.02%	10.07%
Cost to service		$ 80	$ 82
Ancillary income		$ 24	$ 25
Float rate (in hundredths)		1.79%	1.77%
Sales Comparison Approach [Member] | Impaired Loans Commercial [Member]
Unobservable Inputs Weighted Average [Abstract]
Adjustment for differences between comparable sales (in hundredths)		(2.30%)	(3.80%)
Sales Comparison Approach [Member] | Impaired Loans Mortgage [Member]
Unobservable Inputs Weighted Average [Abstract]
Adjustment for differences between comparable sales (in hundredths)		5.60%	8.60%
Sales Comparison Approach [Member] | Other Real Estate Commercial [Member]
Unobservable Inputs Weighted Average [Abstract]
Adjustment for differences between comparable sales (in hundredths)		(3.90%)	(9.00%)
Sales Comparison Approach [Member] | Other Real Estate Mortgage and Installment [Member]
Unobservable Inputs Weighted Average [Abstract]
Adjustment for differences between comparable sales (in hundredths)		20.60%	34.30%
[1]	In addition to the valuation techniques and unobservable inputs discussed above, at June 30, 2015 and December 31, 2014, we had an impaired collateral dependent commercial relationship that totaled $0.5 million and $1.1 million, respectively that was primarily secured by collateral other than real estate. Collateral securing this relationship primarily included machinery and equipment, accounts receivable, inventory and company stock. Valuation techniques at June 30, 2015, included discounting restructuring firm valuations based on estimates of value recovery of each particular asset type. Discount rates used ranged from 0% to 100% of stated values. Valuation techniques at December 31, 2014, included discounting cost and financial statement value approaches based on estimates of value recovery of each particular asset type. Discount rates used ranged from 35% to 100% of stated values.

Fair Values of Financial Inst53

Fair Values of Financial Instruments (Details) - USD ($) $ in Thousands		Jun. 30, 2015	Dec. 31, 2014
Assets [Abstract]
Trading securities		$ 180	$ 203
Securities available for sale		557,695	533,178
Liabilities [Abstract]
Subordinated debentures		35,569	35,569
Reciprocal deposits included in deposits with no stated maturity		12,500	13,600
Reciprocal deposits included in deposits with stated maturity		36,500	40,100
Recorded Book Balance [Member]
Assets [Abstract]
Cash and due from banks		44,272	48,326
Interest bearing deposits		14,045	25,690
Interest bearing deposits - time		10,853	13,561
Trading securities		180	203
Securities available for sale		557,695	533,178
Federal Home Loan Bank and Federal Reserve Bank Stock		15,146	19,919
Net loans and loans held for sale		1,455,939	1,407,634
Accrued interest receivable		6,059	5,995
Derivative financial instruments		1,100	619
Liabilities [Abstract]
Deposits with no stated maturity	[1]	1,594,948	1,534,175
Deposits with stated maturity	[1]	366,469	390,127
Other borrowings		12,325	12,470
Subordinated debentures		35,569	35,569
Accrued interest payable		392	380
Derivative financial instruments		222	366
Fair Value [Member]
Assets [Abstract]
Cash and due from banks		44,272	48,326
Interest bearing deposits		14,045	25,690
Interest bearing deposits - time		10,892	13,585
Trading securities		180	203
Securities available for sale		557,695	533,178
Net loans and loans held for sale		1,435,236	1,394,424
Accrued interest receivable		6,059	5,995
Derivative financial instruments		1,100	619
Liabilities [Abstract]
Deposits with no stated maturity	[1]	1,594,948	1,534,175
Deposits with stated maturity	[1]	365,081	389,139
Other borrowings		14,165	14,560
Subordinated debentures		24,117	23,328
Accrued interest payable		392	380
Derivative financial instruments		222	366
Quoted Prices in Active Markets for Identical Assets, (Level 1) [Member]
Assets [Abstract]
Cash and due from banks		44,272	48,326
Interest bearing deposits		14,045	25,690
Interest bearing deposits - time		0	0
Trading securities		180	203
Securities available for sale		0	0
Net loans and loans held for sale		0	0
Accrued interest receivable		1	2
Derivative financial instruments		0	0
Liabilities [Abstract]
Deposits with no stated maturity	[1]	1,594,948	1,534,175
Deposits with stated maturity	[1]	0	0
Other borrowings		0	0
Subordinated debentures		0	0
Accrued interest payable		20	21
Derivative financial instruments		0	0
Significant Other Observable Inputs, (Level 2) [Member]
Assets [Abstract]
Cash and due from banks		0	0
Interest bearing deposits		0	0
Interest bearing deposits - time		10,892	13,585
Trading securities		0	0
Securities available for sale		557,695	533,178
Net loans and loans held for sale		30,518	23,662
Accrued interest receivable		1,647	1,599
Derivative financial instruments		1,100	619
Liabilities [Abstract]
Deposits with no stated maturity	[1]	0	0
Deposits with stated maturity	[1]	365,081	389,139
Other borrowings		14,165	14,560
Subordinated debentures		24,117	23,328
Accrued interest payable		372	359
Derivative financial instruments		222	366
Significant Unobservable Inputs, (Level 3) [Member]
Assets [Abstract]
Cash and due from banks		0	0
Interest bearing deposits		0	0
Interest bearing deposits - time		0	0
Trading securities		0	0
Securities available for sale		0	0
Net loans and loans held for sale		1,404,718	1,370,762
Accrued interest receivable		4,411	4,394
Derivative financial instruments		0	0
Liabilities [Abstract]
Deposits with no stated maturity	[1]	0	0
Deposits with stated maturity	[1]	0	0
Other borrowings		0	0
Subordinated debentures		0	0
Accrued interest payable		0	0
Derivative financial instruments		$ 0	$ 0
[1]	Deposits with no stated maturity include reciprocal deposits with a recorded book balance of $12.5 million and $13.6 million at June 30, 2015 and December 31, 2014, respectively. Deposits with a stated maturity include reciprocal deposits with a recorded book balance of $36.5 million and $40.1 million at June 30, 2015 and December 31, 2014, respectively.

Contingent Liabilities (Details

Contingent Liabilities (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
Loss Contingencies [Line Items]
Aggregate amount of counterparty obligations	$ 7,273		$ 7,273		$ 7,237
VSC counterparty contingency expense	30	$ 73	59	$ 141
Provision for loss reimbursement on sold loans	45	$ 15	(24)	$ (466)
Reserve For Loss Reimbursement On Sold Loans	700		700		$ 700
Pending Litigation [Member]
Loss Contingencies [Line Items]
Maximum range of reasonably possible loss	$ 500		$ 500
Accounts Receivables Due to Mepco [Member]
Loss Contingencies [Line Items]
Installment payments period for service contract, minimum			12 months
Installment payments period for service contract, maximum			24 months

Accumulated Other Comprehensi55

Accumulated Other Comprehensive Loss (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Accumulated Other Comprehensive Income Loss [Line Items]
Accumulated other comprehensive income (loss) at beginning period	$ (4,202)	$ (7,644)	$ (5,636)	$ (9,245)
Other comprehensive income (loss) before reclassifications	(1,188)	1,286	295	2,825
Amounts reclassified from AOCL	0	60	(49)	122
Other comprehensive income (loss)	(1,188)	1,346	246	2,947
Accumulated other comprehensive income (loss) at end of period	(5,390)	(6,298)	(5,390)	(6,298)
Reclassification Adjustment Out Of Accumulated Other Comprehensive Income [Line Items]
Total reclassification before tax	8,243	7,899	13,804	12,504
Interest expense	(1,430)	(1,819)	(2,891)	(3,624)
Tax expense (benefit)	2,624	1,847	4,404	3,314
Reclassification, net of tax	5,619	6,052	9,400	9,190
Reclassification Out Of Accumulated Other Comprehensive Income [Member]
Reclassification Adjustment Out Of Accumulated Other Comprehensive Income [Line Items]
Reclassification, net of tax		(60)		(122)
Unrealized Gains (Losses) on Available For Sale Securities [Member]
Accumulated Other Comprehensive Income Loss [Line Items]
Accumulated other comprehensive income (loss) at beginning period	1,596	(1,661)	162	(3,200)
Other comprehensive income (loss) before reclassifications	(1,188)	1,286	295	2,825
Amounts reclassified from AOCL	0	(1)	(49)	(1)
Other comprehensive income (loss)	(1,188)	1,285	246	2,824
Accumulated other comprehensive income (loss) at end of period	408	(376)	408	(376)
Unrealized Gains (Losses) on Available For Sale Securities [Member] | Reclassification Out Of Accumulated Other Comprehensive Income [Member]
Reclassification Adjustment Out Of Accumulated Other Comprehensive Income [Line Items]
Net gains on securities	0	2	75	2
Net impairment loss recognized in earnings	0	0	0	0
Total reclassification before tax	0	2	75	2
Tax expense (benefit)	0	1	26	1
Reclassification, net of tax	0	1	49	1
Disproportionate Tax Effects from Securities Available for Sale [Member]
Accumulated Other Comprehensive Income Loss [Line Items]
Accumulated other comprehensive income (loss) at beginning period	(5,798)	(5,798)	(5,798)	(5,798)
Other comprehensive income (loss) before reclassifications	0	0	0	0
Amounts reclassified from AOCL	0	0	0	0
Other comprehensive income (loss)	0	0	0	0
Accumulated other comprehensive income (loss) at end of period	(5,798)	(5,798)	(5,798)	(5,798)
Unrealized Losses on Settled Derivatives [Member]
Accumulated Other Comprehensive Income Loss [Line Items]
Accumulated other comprehensive income (loss) at beginning period	0	(185)	0	(247)
Other comprehensive income (loss) before reclassifications	0	0	0	0
Amounts reclassified from AOCL	0	61	0	123
Other comprehensive income (loss)	0	61	0	123
Accumulated other comprehensive income (loss) at end of period	$ 0	(124)	$ 0	(124)
Unrealized Losses on Settled Derivatives [Member] | Reclassification Out Of Accumulated Other Comprehensive Income [Member]
Reclassification Adjustment Out Of Accumulated Other Comprehensive Income [Line Items]
Interest expense		(95)		(190)
Tax expense (benefit)		(34)		(67)
Reclassification, net of tax		$ (61)		$ (123)