INVESTMENT SECURITIES AVAILABLE FOR SALE (Tables) - Available for sale

6 Months Ended

Jun. 30, 2017

Schedule of Available-for-sale Securities [Line Items]

Schedule of investment securities classified as available for sale

Investment securities classified as available for sale as of June 30, 2017 and December 31, 2016 are as follows (in thousands):

	June 30, 2017
			Gross		Gross
	Amortized		unrealized		unrealized		Fair
	cost		gains		losses		value
U.S. Treasury securities	$	25,993	$	—	$	57	$	25,936
Government sponsored entity debt securities		19,770		87		14		19,843
Agency mortgage-backed securities		242,021		1,119		590		242,550
State and municipal securities		39,813		409		40		40,182
Corporate securities		53,418		790		159		54,049
Equity securities		2,692		98		10		2,780
Total	$	383,707	$	2,503	$	870	$	385,340

	December 31, 2016
			Gross		Gross
	Amortized		unrealized		unrealized		Fair
	cost		gains		losses		value
U.S. Treasury securities	$	75,973	$	—	$	72	$	75,901
Government sponsored entity debt securities		7,653		57		22		7,688
Agency mortgage-backed securities		90,629		373		932		90,070
Non-agency mortgage-backed securities		1		—		—		1
State and municipal securities		25,826		15		567		25,274
Corporate securities		47,443		403		441		47,405
Total	$	247,525	$	848	$	2,034	$	246,339

Schedule of unrealized losses and fair values for investment securities

Unrealized losses and fair values for investment securities available for sale as of June 30, 2017 and December 31, 2016, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position, are summarized as follows (in thousands):

	June 30, 2017
	Less than 12 Months				12 Months or more				Total
	Fair		Unrealized		Fair		Unrealized		Fair		Unrealized
	value		loss		value		loss		value		loss
U.S. Treasury securities	$	7,957	$	36	$	17,979	$	21	$	25,936	$	57
Government sponsored entity debt securities		13,419		14		—		—		13,419		14
Agency mortgage-backed securities		59,248		549		1,093		41		60,341		590
State and municipal securities		7,877		37		527		3		8,404		40
Corporate securities		2,523		44		4,846		115		7,369		159
Equity securities		2,589		10		—		—		2,589		10
Total	$	93,613	$	690	$	24,445	$	180	$	118,058	$	870

	December 31, 2016
	Less than 12 Months				12 Months or more				Total
	Fair		Unrealized		Fair		Unrealized		Fair		Unrealized
	value		loss		value		loss		value		loss
U.S. Treasury securities	$	75,901	$	72	$	—	$	—	$	75,901	$	72
Government sponsored entity debt securities		4,107		22		—		—		4,107		22
Agency mortgage-backed securities		57,882		930		402		2		58,284		932
State and municipal securities		20,215		567		—		—		20,215		567
Corporate securities		11,111		334		8,312		107		19,423		441
Total	$	169,216	$	1,925	$	8,714	$	109	$	177,930	$	2,034

Contractual maturity of amortized cost and fair value

	Amortized		Fair
	cost		value
Debt securities:
Within one year	$	28,156	$	28,135
After one year through five years		219,882		220,516
After five years through ten years		115,110		116,052
After ten years		17,867		17,857
Equity securities		2,692		2,780
Total	$	383,707	$	385,340