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Securities (Tables)
9 Months Ended
Sep. 30, 2022
Investments, Debt and Equity Securities [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
Allowance for Credit Losses Fair
Value
    
September 30, 2022    
U.S. Treasury$1,500 $— $— $— $1,500 
Obligations of State and Political Subdivisions983,948 116 (212,071)— 771,993 
MBS/CMO857,910 (140,804)— 717,107 
US Gov’t Sponsored Entities & Agencies249,164 — (38,136)— 211,028 
Total$2,092,522 $117 $(391,011)$— $1,701,628 
December 31, 2021    
Obligations of State and Political Subdivisions$896,048 $31,138 $(1,480)$— $925,706 
MBS/CMO797,693 4,738 (10,481)— 791,950 
US Gov’t Sponsored Entities & Agencies175,457 192 (3,688)— 171,961 
Total$1,869,198 $36,068 $(15,649)$— $1,889,617 
Schedule of Securities by Contractual Maturity
The amortized cost and fair value of Securities at September 30, 2022 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 Securities are not due at a single maturity date and are shown separately.
Securities Available-for-Sale:Amortized
Cost
Fair
Value
Due in one year or less$3,624 $3,626 
Due after one year through five years21,161 21,113 
Due after five years through ten years84,767 80,217 
Due after ten years875,896 668,537 
MBS/CMO857,910 717,107 
US Gov’t Sponsored Entities & Agencies249,164 211,028 
Total$2,092,522 $1,701,628 
Schedule of Proceeds from the Sales of Securities
Proceeds from the Sales of Securities are summarized below:
 Three Months EndedThree Months Ended
September 30, 2022September 30, 2021
Proceeds from Sales$2,073 $36,075 
Gross Gains on Sales23 218 
Income Taxes on Gross Gains46 
 Nine Months EndedNine Months Ended
 September 30, 2022September 30, 2021
Proceeds from Sales$99,572 $102,823 
Gross Gains on Sales473 1,493 
Income Taxes on Gross Gains99 314 
Schedule of Securities with Unrealized Losses
Below is a summary of securities with unrealized losses as of September 30, 2022 and December 31, 2021, presented by length of time the securities have been in a continuous unrealized loss position:
 Less than 12 Months12 Months or MoreTotal
September 30, 2022Fair
Value
Unrealized
Loss
Fair
Value
Unrealized
Loss
Fair
Value
Unrealized
Loss
U.S. Treasury and Agency Securities$1,500 $— $— $— $1,500 $— 
Obligations of State and Political Subdivisions650,343 (164,072)102,093 (47,999)752,436 (212,071)
MBS/CMO297,481 (38,378)419,507 (102,426)716,988 (140,804)
US Gov’t Sponsored Entities & Agencies204,781 (36,886)6,247 (1,250)211,028 (38,136)
Total$1,154,105 $(239,336)$527,847 $(151,675)$1,681,952 $(391,011)

 Less than 12 Months12 Months or MoreTotal
December 31, 2021Fair
Value
Unrealized
Loss
Fair
Value
Unrealized
Loss
Fair
Value
Unrealized
Loss
Obligations of State and Political Subdivisions$165,210 $(1,386)$1,500 $(94)$166,710 $(1,480)
MBS/CMO467,888 (9,100)36,827 (1,381)504,715 (10,481)
US Gov’t Sponsored Entities & Agencies126,103 (3,480)7,288 (208)133,391 (3,688)
Total$759,201 $(13,966)$45,615 $(1,683)$804,816 $(15,649)