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Securities
 12 Months Ended
Dec. 31, 2021
Investments, Debt and Equity Securities [Abstract]  
Securities Securities
The amortized cost, gross unrealized gains and losses, and fair values of available-for-sale and held-to-maturity debt securities by type follows as of December 31,:
Amortized
Cost		Gross
Unrealized
Gains		Gross
Unrealized
Losses		Estimated
 Fair
 Value
2021
Available-for-sale:
U.S. treasury$35,400 $— $(215)$35,185 
U.S. agency6,019 — (100)5,919 
Obligations of states and political subdivisions3,979 — (190)3,789 
Mortgage backed - residential138,297 2,018 (1,638)138,677 
Collateralized mortgage obligations236,282 1,441 (1,939)235,784 
Mortgage backed - commercial150,322 3,424 (599)153,147 
Total available-for-sale$570,299 $6,883 $(4,681)$572,501 
Held-to-maturity:
Obligations of states and political subdivisions$716 $25 $— $741 
Mortgage backed - residential10,750 390 — 11,140 
Collateralized mortgage obligations6,541 177 — 6,718 
Total held-to-maturity$18,007 $592 $— $18,599 
2020
Available-for-sale:
U.S. agency$9,204 $— $(208)$8,996 
Obligations of states and political subdivisions3,427 8 — 3,435 
Mortgage backed - residential116,365 3,399 (202)119,562 
Collateralized mortgage obligations200,496 2,743 (43)203,196 
Mortgage backed - commercial127,022 6,426 (51)133,397 
Total available-for-sale$456,514 $12,576 $(504)$468,586 
Held-to-maturity:
U.S. agency$5,099 $26 $— $5,125 
Obligations of states and political subdivisions730 41 — 771 
Mortgage backed - residential16,050 618 — 16,668 
Collateralized mortgage obligations10,309 455 — 10,764 
Total held-to-maturity$32,188 $1,140 $— $33,328 
As of December 31, 2021 and 2020, there were no holdings of securities of any one issuer, other than the U.S. Government and its agencies, in an amount greater than 10% of stockholders’ equity.
Certain debt securities that have gross unrealized losses and have been in a continuous unrealized loss position for more than one year follows as of December 31,:
Less than 12 months12 months or longerTotal
Estimated
Fair
Value		Unrealized
Losses		Estimated
Fair
Value		Unrealized
Losses		Estimated
Fair
Value		Unrealized
Losses		Number
of
Securities
2021
Available-for-sale:
U.S. treasury$35,185 $(215)$— $— $35,185 $(215)4 
U.S. agency— — 5,919 (100)5,919 (100)7 
Obligations of states and political subdivisions3,232 (190)— — 3,232 (190)2 
Mortgage backed - residential51,616 (530)25,246 (1,108)76,862 (1,638)17 
Collateralized mortgage obligations115,877 (1,938)193 (1)116,070 (1,939)16 
Mortgage backed - commercial32,872 (581)24,170 (18)57,042 (599)5 
Total available-for-sale$238,782 $(3,454)$55,528 $(1,227)$294,310 $(4,681)51 
Less than 12 months12 months or longerTotal
Estimated
Fair
Value		Unrealized
Losses		Estimated
Fair
Value		Unrealized
Losses		Estimated
Fair
Value		Unrealized
Losses		Number
of
Securities
2020
Available-for-sale:
U.S. agency$— $— $8,996 $(208)$8,996 $(208)7 
Mortgage backed - residential15,251 (146)7,601 (56)22,852 (202)8 
Collateralized mortgage obligations23,646 (43)— — 23,646 (43)11 
Mortgage backed - commercial9,167 (15)14,971 (36)24,138 (51)2 
Total available-for-sale$48,064 $(204)$31,568 $(300)$79,632 $(504)28 
There were no held-to-maturity securities in an unrealized loss position as of December 31, 2021 or 2020
Estimated fair value is less than amortized cost primarily because of general economic conditions unrelated to the specific issuer. At December 31, 2021 and 2020, management does not believe these securities are other than temporarily impaired for the following reasons: no significant deterioration in the earnings performance, credit rating, asset quality, or business prospects of the issuer; no significant adverse change in the regulatory, economic, or technological environment of the issuer; and no significant adverse change in the general market condition of either the geographic area or the industry in which the issuer operates. Management has the ability and intends to hold these securities and it is likely that management will not be required to sell the securities prior to maturity or until such time as the full amount of investment principal will be returned.
The amortized cost and fair value of our debt securities by contractual maturity as of December 31, 2021 are summarized in the following table. Maturities are based on the final contractual payment dates and do not reflect the impact of prepayments or earlier redemptions that may occur.
Amortized
Cost		Estimated
Fair
Value
Available-for-sale:
Due within 1 year$31 $31 
Due after 1 year through 5 years15,662 15,968 
Due after 5 years through 10 years164,585 165,720 
Due after 10 years390,021 390,782 
Total available-for-sale$570,299 $572,501 
Held-to-maturity:
Due after 1 year through 5 years$1,161 $1,204 
Due after 5 years through 10 years200 220 
Due after 10 years16,646 17,175 
Total held-to-maturity$18,007 $18,599 
Securities with a carrying value of $465,665 and $437,223 were pledged to secure public deposits, securities sold under agreements to repurchase and borrowed funds at December 31, 2021 and 2020, respectively.
There were no proceeds from sales and calls of securities for the year ended December 31, 2021. The proceeds from sales and calls of securities for the year ended December 31, 2020 was $56,159. For the year ended December 31, 2020, we recognized gross investment gains of $446 and gross investment losses of $293, resulting from the sale of securities. For the year ended December 31, 2019, we recognized gross investment gains of $2,005 and gross investment losses of $422, resulting from the sale of securities.