SECURITIES (Tables)

6 Months Ended

Jun. 30, 2021

SECURITIES [Abstract]

Amortized Cost and Fair Value of Securities, with Gross Unrealized Gains and Losses

The amortized cost and fair value of securities, with gross unrealized gains and losses, at period-end follow:

	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Fair Value
June 30, 2021
Available for sale:
U.S. government and agencies	$	—	$	—	$	—		$	—
State and municipal		267,615		11,327		(127	)		278,815
Mortgage-backed securities		342,490		8,291		(3,206	)		347,575
Collateralized mortgage obligations		106,976		944		—			107,920
Asset-backed and other amortizing securities		29,316		1,575		—			30,891
Other securities		12,000		412		—			12,412
	$	758,397	$	22,549	$	(3,333	)	$	777,613

	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Fair Value
December 31, 2020
Available for sale:
U.S. government and agencies	$	4,750	$	3	$	—		$	4,753
State and municipal		261,023		11,704		(120	)		272,607
Mortgage-backed securities		359,542		14,014		(194	)		373,362
Collateralized mortgage obligations		107,175		—		(460	)		106,715
Asset-backed and other amortizing securities		31,509		2,063		—			33,572
Other securities		12,000		91		(13	)		12,078
	$	775,999	$	27,875	$	(787	)	$	803,087

Amortized Cost and Fair Value of Securities by Contractual Maturity

The amortized cost and fair value of securities at June 30, 2021 are presented below by contractual maturity. Expected maturities may differ from contractual maturities because issuers may have the right to call or prepay obligations. Other securities are shown separately since they are not due at a single maturity date.

	Available for Sale
	Amortized Cost		Fair Value
Within 1 year	$	1,130	$	1,137
After 1 year through 5 years		5,325		5,646
After 5 years through 10 years		25,944		27,024
After 10 years		247,216		257,420
Other		478,782		486,386
	$	758,397	$	777,613

Securities with Unrealized Losses Segregated by the Period in a Loss Position

The following table segregates securities with unrealized losses at the periods indicated, by the duration they have been in a loss position:

	Less than 12 Months				12 Months or More				Total
	Fair Value		Unrealized Loss		Fair Value		Unrealized Loss		Fair Value		Unrealized Loss
June 30, 2021
U.S. government and agencies	$	—	$	—	$	—	$	—	$	—	$	—
State and municipal		23,074		127		—		—		23,074		127
Mortgage-backed securities		116,659		3,206		—		—		116,659		3,206
Collateralized mortgage obligations		—		—		—		—		—		—
Asset-backed and other amortizing securities		—		—		—		—		—		—
Other securities		—		—		—		—		—		—
	$	139,733	$	3,333	$	—	$	—	$	139,733	$	3,333
December 31, 2020
U.S. government and agencies	$	—	$	—	$	—	$	—	$	—	$	—
State and municipal		—		120		—		—		—		120
Mortgage-backed securities		93,482		194		—		—		93,482		194
Collateralized mortgage obligations		106,715		460		—		—		106,715		460
Asset-backed and other amortizing securities		—		—		—		—		—		—
Other securities		3,486		13		—		—		3,486		13
	$	203,683	$	787	$	—	$	—	$	203,683	$	787