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SECURITIES: (Tables)
12 Months Ended
Dec. 31, 2020
Investments, Debt and Equity Securities [Abstract]  
Amortized cost and fair value of investments classified as available-for-sale
The fair value of securities available-for-sale and related gross unrealized gains and losses recognized in accumulated other comprehensive income were as follows:
 December 31, 2020
 AmortizedUnrealized 
(Dollar amounts in thousands)CostGainsLossesFair Value
U.S. Government entity mortgage-backed securities$92,710 $5,105 $(1)$97,814 
Mortgage-backed securities, residential346,606 8,794 (279)355,121 
Mortgage-backed securities, commercial17,931 559 — 18,490 
Collateralized mortgage obligations209,556 4,761 (157)214,160 
State and municipal obligations285,837 20,294 — 306,131 
Municipal taxable22,440 702 (3)23,139 
U.S. Treasury2,750 — 2,753 
Collateralized debt obligations— 3,136 — 3,136 
TOTAL$977,830 $43,354 $(440)$1,020,744 

 December 31, 2019
 AmortizedUnrealized 
(Dollar amounts in thousands)CostGainsLossesFair Value
U.S. Government entity mortgage-backed securities$102,490 $1,293 $(150)$103,633 
Mortgage-backed securities, residential240,753 2,979 (350)243,382 
Mortgage-backed securities, commercial22,036 73 (5)22,104 
Collateralized mortgage obligations280,797 1,735 (1,221)281,311 
State and municipal obligations253,277 11,265 (108)264,434 
Municipal taxable728 — 730 
U.S. Treasury7,494 10 — 7,504 
Collateralized debt obligations— 3,619 — 3,619 
TOTAL$907,575 $20,976 $(1,834)$926,717 
Schedule Of Gross Gain Or Loss realised
Below is a summary of the gross gains and losses realized by the Corporation on investment sales and calls during the years ended December 31, 2020, 2019 and 2018, respectively.
(Dollar amounts in thousands)202020192018
Proceeds$36,696 $11,210 $2,418 
Gross gains290 55 
Gross losses(57)(11)(3)
Schedule of contractual maturities of debt securities
Contractual maturities of debt securities at year-end 2020 were as follows. Securities not due at a single maturity or with no maturity date, primarily mortgage-backed and collateralized mortgage obligations, are shown separately.
 Available-for-Sale
 AmortizedFair
(Dollar amounts in thousands)CostValue
Due in one year or less$13,168 $13,304 
Due after one but within five years47,560 49,207 
Due after five but within ten years64,596 68,349 
Due after ten years278,413 302,113 
 403,737 432,973 
Mortgage-backed securities and collateralized mortgage obligations574,093 587,771 
TOTAL$977,830 $1,020,744 
Schedule of gross unrealized losses and fair value, aggregated by investment category and length of time that individual securities have been in continuous unrealized loss position
The following tables show the securities' gross unrealized losses and fair value, aggregated by investment category and length of time that individual securities have been in continuous unrealized loss position, at December 31, 2020 and 2019.
 December 31, 2020
 Less Than 12 MonthsMore Than 12 MonthsTotal
  Unrealized Unrealized Unrealized
(Dollar amounts in thousands)Fair ValueLossesFair ValueLossesFair ValueLosses
U.S. Government entity mortgage-backed securities$— $— 944 (1)$944 $(1)
Mortgage-backed securities, residential76,962 (279)— — 76,962 (279)
Collateralized mortgage obligations12,282 (108)3,767 (49)16,049 (157)
Municipal taxable747 (3)— — 747 (3)
U.S. Treasury250 — — — 250 — 
Total temporarily impaired securities$90,241 $(390)$4,711 $(50)$94,952 $(440)
 
 December 31, 2019
 Less Than 12 MonthsMore Than 12 MonthsTotal
  Unrealized Unrealized Unrealized
(Dollar amounts in thousands)Fair ValueLossesFair ValueLossesFair ValueLosses
U.S. Government entity mortgage-backed securities$29,183 $(150)$— $— $29,183 $(150)
Mortgage-backed securities, residential55,665 (243)18,724 (107)74,389 (350)
Mortgage-backed securities, commercial4,391 (5)— — 4,391 (5)
Collateralized mortgage obligations33,398 (314)61,781 (907)95,179 (1,221)
State and municipal obligations8,996 (61)461 (47)9,457 (108)
Total temporarily impaired securities$131,633 $(773)$80,966 $(1,061)$212,599 $(1,834)
Rollforward of the credit losses recognized in earnings
The table below presents a rollforward of the credit losses recognized in earnings for the years presented: 
(Dollar amounts in thousands)202020192018
Beginning balance, January 1,$2,974 $2,974 $7,132 
Reductions for securities called during the period— — (4,158)
Ending balance, December 31,$2,974 $2,974 $2,974