Securities (Tables)

12 Months Ended

Dec. 31, 2016

Investments [Abstract]

Schedule of Securities Available-for-Sale

The amortized cost, unrealized gross gains and losses recognized in accumulated other comprehensive income (loss), and fair value of Securities Available-for-Sale were as follows:

Securities Available-for-Sale:	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Fair Value
2016
U.S. Treasury and Agency Securities	$	—	$	—	$	—		$	—
Obligations of State and Political Subdivisions	247,350		3,847		(3,678		)	247,519
MBS/CMO – Residential	471,852		480		(10,418		)	461,914
Equity Securities	353		—		—			353
Total	$	719,555	$	4,327	$	(14,096	)	$	709,786
2015
U.S. Treasury and Agency Securities	$	10,000	$	—	$	(102	)	$	9,898
Obligations of State and Political Subdivisions	195,360		8,286		(18		)	203,628
MBS/CMO - Residential	426,087		2,114		(4,240		)	423,961
Equity Securities	353		—		—			353
Total	$	631,800	$	10,400	$	(4,360	)	$	637,840

Schedule of Securities Held-to-Maturity

The carrying amount, unrecognized gains and losses and fair value of Securities Held-to-Maturity were as follows:

Securities Held-to-Maturity:	Carrying Amount		Gross Unrecognized Gains		Gross Unrecognized Losses		Fair Value
2016
Obligations of State and Political Subdivisions	$	—	$	—	$	—	$	—
2015
Obligations of State and Political Subdivisions	$	95	$	—	$	—	$	95

Schedule of Securities by Contractual Maturity

The amortized cost and fair value of Securities at December 31, 2016 by contractual maturity are shown below. Expected maturities may differ from contractual maturities because some issuers have the right to call or prepay certain obligations with or without call or prepayment penalties. Mortgage-backed and Equity Securities are not due at a single maturity date and are shown separately.

	Amortized Cost		Fair Value
Securities Available-for-Sale:
Due in one year or less	$	3,387	$	3,413
Due after one year through five years	16,300		16,806
Due after five years through ten years	75,164		77,023
Due after ten years	152,499		150,277
MBS/CMO - Residential	471,852		461,914
Equity Securities	353		353
Total	$	719,555	$	709,786

Schedule of Proceeds from the Sales of Securities

Proceeds from the Sales of Securities are summarized below:

	2016		2015		2014
	Available- for-Sale		Available- for-Sale		Available- for-Sale
Proceeds from Sales	$	165,102	$	18,999	$	60,164
Gross Gains on Sales	1,979		725		1,481
Income Taxes on Gross Gains	693		254		518

Schedule of Securities with Unrealized Losses

Below is a summary of securities with unrealized losses as of year-end 2016 and 2015, presented by length of time the securities have been in a continuous unrealized loss position: 

	Less than 12 Months					12 Months or More					Total
	Fair Value		Unrealized Loss			Fair Value		Unrealized Loss			Fair Value		Unrealized Loss
At December 31, 2016
U.S. Treasury and Agency Securities	$	—	$	—		$	—	$	—		$	—	$	—
Obligations of State and Political Subdivisions	108,918		(3,678		)	—		—			108,918		(3,678		)
MBS/CMO - Residential	356,040		(8,782		)	47,271		(1,636		)	403,311		(10,418		)
Equity Securities	—		—			—		—			—		—
Total	$	464,958	$	(12,460	)	$	47,271	$	(1,636	)	$	512,229	$	(14,096	)

	Less than 12 Months					12 Months or More					Total
	Fair Value		Unrealized Loss			Fair Value		Unrealized Loss			Fair Value		Unrealized Loss
At December 31, 2015
U.S. Treasury and Agency Securities	$	—	$	—		$	9,898	$	(102	)	$	9,898	$	(102	)
Obligations of State and Political Subdivisions	1,891		(15		)	356		(3		)	2,247		(18		)
MBS/CMO - Residential	150,427		(1,173		)	129,040		(3,067		)	279,467		(4,240		)
Equity Securities	—		—			—		—			—		—
Total	$	152,318	$	(1,188	)	$	139,294	$	(3,172	)	$	291,612	$	(4,360	)