Securities (Tables)

6 Months Ended

Jun. 30, 2017

Securities

Schedule of amortized cost and fair value of the securities portfolio and corresponding amounts of gross unrealized gains and losses recognized in accumulated other comprehensive loss

			Gross		Gross
	Amortized		Unrealized		Unrealized		Fair
June 30, 2017	Cost		Gains		Losses		Value
Securities available-for-sale
U.S. government agencies mortgage-backed	$	21,039	$	6	$	(199)	$	20,846
States and political subdivisions		222,098		4,472		(1,052)		225,518
Corporate bonds		12,807		58		(249)		12,616
Collateralized mortgage obligations		102,717		159		(1,963)		100,913
Asset-backed securities		144,812		557		(4,984)		140,385
Collateralized loan obligations		67,735		305		(91)		67,949
Total securities available-for-sale	$	571,208	$	5,557	$	(8,538)	$	568,227

			Gross		Gross
	Amortized		Unrealized		Unrealized		Fair
December 31, 2016	Cost		Gains		Losses		Value
Securities available-for-sale
U.S. government agencies mortgage-backed	$	42,511	$	-	$	(977)	$	41,534
States and political subdivisions		68,718		258		(273)		68,703
Corporate bonds		10,957		9		(336)		10,630
Collateralized mortgage obligations		174,352		374		(3,799)		170,927
Asset-backed securities		146,391		341		(8,325)		138,407
Collateralized loan obligations		102,504		29		(896)		101,637
Total securities available-for-sale	$	545,433	$	1,011	$	(14,606)	$	531,838

Schedule of fair value, amortized cost and weighted average yield of debt securities by contractual maturity along with securities not due at a single maturity date, primarily mortgage-backed securities (MBS), asset-backed securities, and collateralized loan obligations

			Weighted
	Amortized		Average		Fair
Securities available-for-sale	Cost		Yield		Value
Due in one year or less	$	11,600	2.60	%	$	11,636
Due after one year through five years		1,847	4.65			1,844
Due after five years through ten years		18,178	2.88			18,202
Due after ten years		203,280	3.01			206,452
		234,905	2.99			238,134
Mortgage-backed and collateralized mortgage obligations		123,756	2.54			121,759
Asset-backed securities		144,812	2.21			140,385
Collateralized loan obligations		67,735	4.01			67,949
Total securities available-for-sale	$	571,208	2.82	%	$	568,227

Schedule of securities with unrealized losses aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position

	Less than 12 months					12 months or more
June 30, 2017	in an unrealized loss position					in an unrealized loss position					Total
	Number of	Unrealized		Fair		Number of	Unrealized		Fair		Number of	Unrealized		Fair
Securities available-for-sale	Securities	Losses		Value		Securities	Losses		Value		Securities	Losses		Value
U.S. government agencies mortgage-backed	8	$	178	$	17,764	1	$	21	$	805	9	$	199	$	18,569
States and political subdivisions	4		1,052		16,372	-		-		-	4		1,052		16,372
Corporate bonds	1		108		4,892	2		141		5,205	3		249		10,097
Collateralized mortgage obligations	10		1,776		64,987	4		187		10,898	14		1,963		75,885
Asset-backed securities	1		274		4,281	12		4,710		106,755	13		4,984		111,036
Collateralized loan obligations	1		91		7,905	-		-		-	1		91		7,905
Total securities available-for-sale	25	$	3,479	$	116,201	19	$	5,059	$	123,663	44	$	8,538	$	239,864

	Less than 12 months					12 months or more
December 31, 2016	in an unrealized loss position					in an unrealized loss position					Total
	Number of	Unrealized			Fair	Number of	Unrealized			Fair	Number of	Unrealized			Fair
Securities available-for-sale	Securities	Losses			Value	Securities	Losses			Value	Securities	Losses			Value
U.S. government agencies mortgage-backed	11	$	957	$	40,636	1	$	20	$	898	12	$	977	$	41,534
States and political subdivisions	12		273		35,241	-		-		-	12		273		35,241
Corporate bonds	1		183		4,817	2		153		5,328	3		336		10,145
Collateralized mortgage obligations	16		3,402		117,752	7		397		18,109	23		3,799		135,861
Asset-backed securities	4		328		17,604	12		7,997		107,112	16		8,325		124,716
Collateralized loan obligations	-		-		-	12		896		81,613	12		896		81,613
Total securities available-for-sale	44	$	5,143	$	216,050	34	$	9,463	$	213,060	78	$	14,606	$	429,110