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INVESTMENT SECURITIES (Tables)
 3 Months Ended
Mar. 31, 2020
Investments, Debt and Equity Securities [Abstract]  
Amortized Cost and Estimated Fair Value of Investment Securities Available for Sale
The amortized cost and estimated fair value of securities available for sale along with gross unrealized gains and losses are summarized as follows:
(dollars in thousands)Amortized
Cost		Gross
Unrealized
Gains		Gross
Unrealized
Losses		Estimated
Fair
Value
March 31, 2020
U.S. government sponsored agencies$22,227  $484  $—  $22,711  
State, county and municipal securities94,318  2,785  —  97,103  
Corporate debt securities51,700  495  (127) 52,068  
SBA pool securities68,909  1,484  (118) 70,275  
Mortgage-backed securities1,065,512  45,552  (181) 1,110,883  
Total debt securities$1,302,666  $50,800  $(426) $1,353,040  
December 31, 2019
U.S. government sponsored agencies$22,246  $116  $—  $22,362  
State, county and municipal securities102,952  2,310  (2) 105,260  
Corporate debt securities51,720  1,281  (2) 52,999  
SBA pool securities73,704  617  (409) 73,912  
Mortgage-backed securities1,129,816  19,937  (883) 1,148,870  
Total debt securities$1,380,438  $24,261  $(1,296) $1,403,403  
Amortized Cost and Fair Value of Available for Sale Securities by Contractual Maturity
The amortized cost and estimated fair value of debt securities available for sale securities as of March 31, 2020, by contractual maturity are shown below. Maturities may differ from contractual maturities in mortgage-backed securities because the mortgages underlying these securities may be called or repaid without penalty. Therefore, these securities are not included in the maturity categories in the following maturity summary:
(dollars in thousands)
Amortized
Cost		Estimated
Fair
Value
Due in one year or less$32,753  $33,022  
Due from one year to five years60,227  61,576  
Due from five to ten years82,608  84,851  
Due after ten years61,566  62,708  
Mortgage-backed securities1,065,512  1,110,883  
 $1,302,666  $1,353,040  
Schedule of Gross Unrealized Losses and Fair Value of Securities
The following table shows the gross unrealized losses and estimated fair value of securities aggregated by category and length of time that securities have been in a continuous unrealized loss position at March 31, 2020 and December 31, 2019.
 Less Than 12 Months12 Months or MoreTotal
(dollars in thousands)Estimated
Fair
Value		Unrealized
Losses		Estimated
Fair
Value		Unrealized
Losses		Estimated
Fair
Value		Unrealized
Losses
March 31, 2020      
State, county and municipal securities$548  $—  $—  $—  $548  $—  
Corporate debt securities13,438  (127) —  —  13,438  (127) 
SBA pool securities3,814  (13) 4,168  (105) 7,982  (118) 
Mortgage-backed securities12,250  (112) 2,297  (69) 14,547  (181) 
Total debt securities$30,050  $(252) $6,465  $(174) $36,515  $(426) 
December 31, 2019      
State, county and municipal securities$803  $(2) $—  $—  $803  $(2) 
Corporate debt securities2,573  (2) —  —  2,573  (2) 
SBA pool securities28,521  (285) 4,825  (124) 33,346  (409) 
Mortgage-backed securities99,279  (416) 52,326  (467) 151,605  (883) 
Total debt securities$131,176  $(705) $57,151  $(591) $188,327  $(1,296) 
Gross Realized Gains And Losses On Sales Of Available For Sale Securities
The following table is a summary of sales activities in the Company’s investment securities available for sale for the three months ended March 31, 2020 and 2019:
(dollars in thousands)March 31, 2020March 31, 2019
Gross gains on sales of securities$—  $522  
Gross losses on sales of securities—  (464) 
Net realized gains on sales of securities available for sale$—  $58  
Sales proceeds$—  $64,995  
Gain (Loss) on Investments
Total gain (loss) on securities reported on the consolidated statements of income and comprehensive income is comprised of the following for the three months ended March 31, 2020 and 2019:
(dollars in thousands)March 31, 2020March 31, 2019
Net realized gains on sales of securities available for sale$—  $58  
Unrealized holding gains (losses) on equity securities(9) 8  
Total gain (loss) on securities$(9) $66