Investment Securities (Tables)

9 Months Ended

Sep. 30, 2018

Investments, Debt and Equity Securities [Abstract]

The following table is the schedule of Available-For-Sale Securities at September 30, 2018, December 31, 2017 and September 30, 2017:



Available-For-Sale Securities
	U.S. Government & Agency Obligations		State and Municipal Obligations		Mortgage- Backed Securities		Corporate and Other Debt Securities		Mutual Funds and Equity Securities		Total Available- For-Sale Securities
September 30, 2018
Available-For-Sale Securities, at Amortized Cost	$	60,135	$	2,545	$	284,236	$	1,000	$	—	$	347,916
Available-For-Sale Securities, at Fair Value	59,602		2,548		277,461		800		—		340,411
Gross Unrealized Gains	—		3		201		—		—		204
Gross Unrealized Losses	533		—		6,976		200		—		7,709
Available-For-Sale Securities, Pledged as Collateral											219,587

Maturities of Debt Securities, at Amortized Cost:
Within One Year	$	42,621	$	1,346	$	1,024	$	—			$	44,991
From 1 - 5 Years	17,514		719		164,808		—				183,041
From 5 - 10 Years	—		—		103,597		—				103,597
Over 10 Years	—		480		14,807		1,000				16,287

Maturities of Debt Securities, at Fair Value:
Within One Year	$	42,410	$	1,346	$	1,025	$	—			$	44,781
From 1 - 5 Years	17,192		722		158,846		—				176,760
From 5 - 10 Years	—		—		102,800		—				102,800
Over 10 Years	—		480		14,790		800				16,070

Securities in a Continuous Loss Position, at Fair Value:
Less than 12 Months	$	4,831	$	1,120	$	167,718	$	—	$	—	$	173,669
12 Months or Longer	54,771		—		71,433		800		—		127,004
Total	$	59,602	$	1,120	$	239,151	$	800	$	—	$	300,673
Number of Securities in a Continuous Loss Position	14		5		90		1		—		110

Unrealized Losses on Securities in a Continuous Loss Position:
Less than 12 Months	$	193	$	—	$	3,165	$	—	$	—	$	3,358
12 Months or Longer	340		—		3,811		200		—		4,351
Total	$	533	$	—	$	6,976	$	200	$	—	$	7,709

Disaggregated Details:
US Treasury Obligations, at Amortized Cost	$	—
US Treasury Obligations, at Fair Value	—
US Agency Obligations, at Amortized Cost	60,135
US Agency Obligations, at Fair Value	59,602



Available-For-Sale Securities
	U.S. Government & Agency Obligations		State and Municipal Obligations		Mortgage- Backed Securities		Corporate and Other Debt Securities		Mutual Funds and Equity Securities		Total Available- For-Sale Securities
US Government Agency Securities, at Amortized Cost					$	74,160
US Government Agency Securities, at Fair Value					74,098
Government Sponsored Entity Securities, at Amortized Cost					210,076
Government Sponsored Entity Securities, at Fair Value					203,363

December 31, 2017
Available-For-Sale Securities, at Amortized Cost	$	60,328	$	10,351	$	229,077	$	1,000	$	1,120	$	301,876
Available-For-Sale Securities, at Fair Value	59,894		10,349		227,596		800		1,561		300,200
Gross Unrealized Gains	—		9		485		—		441		935
Gross Unrealized Losses	434		11		1,966		200		—		2,611
Available-For-Sale Securities, Pledged as Collateral, at Fair Value											183,052

Securities in a Continuous Loss Position, at Fair Value:
Less than 12 Months	$	20,348	$	8,498	$	70,930	$	—	$	—	$	99,776
12 Months or Longer	39,546		—		80,759		800		—		121,105
Total	$	59,894	$	8,498	$	151,689	$	800	$	—	$	220,881
Number of Securities in a Continuous Loss Position	14		36		55		1		—		106

Unrealized Losses on Securities in a Continuous Loss Position:
Less than 12 Months	$	172	$	11	$	363	$	—	$	—	$	546
12 Months or Longer	262		—		1,603		200		—		2,065
Total	$	434	$	11	$	1,966	$	200	$	—	$	2,611

Disaggregated Details:
US Treasury Obligations, at Amortized Cost	$	—
US Treasury Obligations, at Fair Value	—
US Agency Obligations, at Amortized Cost	60,328
US Agency Obligations, at Fair Value	59,894
US Government Agency Securities, at Amortized Cost					$	40,832
US Government Agency Securities, at Fair Value					40,832
Government Sponsored Entity Securities, at Amortized Cost					188,245
Government Sponsored Entity Securities, at Fair Value					186,764



Available-For-Sale Securities
	U.S. Government & Agency Obligations		State and Municipal Obligations		Mortgage- Backed Securities		Corporate and Other Debt Securities		Mutual Funds and Equity Securities		Total Available- For-Sale Securities
September 30, 2017
Available-For-Sale Securities, at Amortized Cost	$	146,976	$	11,875	$	152,858	$	2,500	$	1,120	$	315,329
Available-For-Sale Securities, at Fair Value	146,978		11,902		152,806		2,299		1,474		315,459
Gross Unrealized Gains	152		27		964		—		354		1,497
Gross Unrealized Losses	150		—		1,016		201		—		1,367
Available-For-Sale Securities, Pledged as Collateral											206,637

Securities in a Continuous Loss Position, at Fair Value:
Less than 12 Months	$	89,563	$	—	$	85,091	$	500	$	—	$	175,154
12 Months or Longer	—		—		—		1,800		—		1,800
Total	$	89,563	$	—	$	85,091	$	2,300	$	—	$	176,954
Number of Securities in a Continuous Loss Position	23		—		31		3		—		57

Unrealized Losses on Securities in a Continuous Loss Position:
Less than 12 Months	$	150	$	—	$	1,016	$	—	$	—	$	1,166
12 Months or Longer	—		—		—		201		—		201
Total	$	150	$	—	$	1,016	$	201	$	—	$	1,367

Disaggregated Details:
US Treasury Obligations, at Amortized Cost	$	64,711
US Treasury Obligations, at Fair Value	$	64,730
US Agency Obligations, at Amortized Cost	$	82,265
US Agency Obligations, at Fair Value	82,248
US Government Agency Securities, at Amortized Cost					$	503
US Government Agency Securities, at Fair Value					505
Government Sponsored Entity Securities, at Amortized Cost					152,355
Government Sponsored Entity Securities, at Fair Value					152,301

Held-To-Maturity Securities

The following table is the schedule of Held-To-Maturity Securities at September 30, 2018, December 31, 2017 and September 30, 2017:



Held-To-Maturity Securities
	State and Municipal Obligations		Mortgage- Backed Securities		Corporate and Other Debt Securities		Total Held-To Maturity Securities
September 30, 2018
Held-To-Maturity Securities, at Amortized Cost	$	239,367	$	50,585	$	—	$	289,952
Held-To-Maturity Securities, at Fair Value	233,557		49,162		—		282,719
Gross Unrealized Gains	261		—		—		261
Gross Unrealized Losses	6,071		1,423		—		7,494
Held-To-Maturity Securities, Pledged as Collateral							268,229

Maturities of Debt Securities, at Amortized Cost:
Within One Year	$	19,381	$	—	$	—	$	19,381
From 1 - 5 Years	93,084		48,039		—		141,123
From 5 - 10 Years	124,277		2,546		—		126,823
Over 10 Years	2,625		—		—		2,625

Maturities of Debt Securities, at Fair Value:
Within One Year	$	19,396	$	—	$	—	$	19,396
From 1 - 5 Years	92,199		46,688		—		138,887
From 5 - 10 Years	119,356		2,474		—		121,830
Over 10 Years	2,606		—		—		2,606

Securities in a Continuous Loss Position, at Fair Value:
Less than 12 Months	$	95,944	$	46,375	$	—	$	142,319
12 Months or Longer	86,378		2,787		—		89,165
Total	$	182,322	$	49,162	$	—	$	231,484

Number of Securities in a Continuous Loss Position	535		47		—		582

Unrealized Losses on Securities in a Continuous Loss Position:
Less than 12 Months	$	1,443	$	1,303	$	—	$	2,746
12 Months or Longer	4,628		120		—		4,748
Total	$	6,071	$	1,423	$	—	$	7,494

Disaggregated Details:
US Government Agency Securities, at Amortized Cost			$	3,147
US Government Agency Securities, at Fair Value			2,222
Government Sponsored Entity Securities, at Amortized Cost			47,438
Government Sponsored Entity Securities, at Fair Value			46,940



Held-To-Maturity Securities
	State and Municipal Obligations		Mortgage- Backed Securities		Corporate and Other Debt Securities		Total Held-To Maturity Securities
December 31, 2017
Held-To-Maturity Securities, at Amortized Cost	$	275,530	$	60,377	$	—	$	335,907
Held-To-Maturity Securities, at Fair Value	275,353		60,548		—		335,901
Gross Unrealized Gains	1,691		269		—		1,960
Gross Unrealized Losses	1,868		98		—		1,966
Held-To-Maturity Securities, Pledged as Collateral							318,622

Securities in a Continuous Loss Position, at Fair Value:
Less than 12 Months	$	55,648	$	13,764	$	—	$	69,412
12 Months or Longer	65,152		3,257		—		68,409
Total	$	120,800	$	17,021	$	—	$	137,821
Number of Securities in a Continuous Loss Position	352		14		—		366

Unrealized Losses on Securities in a Continuous Loss Position:
Less than 12 Months	$	442	$	56	$	—	$	498
12 Months or Longer	1,425		43		—		1,468
Total	$	1,867	$	99	$	—	$	1,966

Disaggregated Details:
US Government Agency Securities, at Amortized Cost			$	2,680
US Government Agency Securities, at Fair Value			2,661
Government Sponsored Entity Securities, at Amortized Cost			57,697
Government Sponsored Entity Securities, at Fair Value			57,887

September 30, 2017
Held-To-Maturity Securities, at Amortized Cost	$	277,738	$	63,788	$	—	$	341,526
Held-To-Maturity Securities, at Fair Value	279,384		64,515		—		343,899
Gross Unrealized Gains	2,977		738		—		3,715
Gross Unrealized Losses	1,331		11		—		1,342
Held-To-Maturity Securities, Pledged as Collateral							325,096

Securities in a Continuous Loss Position, at Fair Value:
Less than 12 Months	$	78,238	$	3,544	$	—	$	81,782
12 Months or Longer	13,331		—		—		13,331
Total	$	91,569	$	3,544	$	—	$	95,113
Number of Securities in a Continuous Loss Position	252		7		—		259

Unrealized Losses on Securities in a Continuous Loss Position:
Less than 12 Months	$	1,034	$	11	$	—	$	1,045
12 Months or Longer	297		—		—		297
Total	$	1,331	$	11	$	—	$	1,342

Held-To-Maturity Securities

State and

Municipal

Obligations

Mortgage-

Backed

Securities

Corporate

and Other

Debt

Securities

Total

Held-To

Maturity

Securities

September 30, 2017

Disaggregated Details:

US Government Agency

Securities, at Amortized Cost

2,792

US Government Agency

Securities, at Fair Value

2,799

Government Sponsored Entity

Securities, at Amortized Cost

60,996

Government Sponsored Entity
Securities, at Fair Value

61,716

Debt Securities, Trading, and Equity Securities, FV-NI

The following table is the schedule of Equity Securities at September 30, 2018. Upon the adoption of ASU 2016-01 effective January 1, 2018, Equity Securities are not included in Securities Available-For-Sale since unrealized gains and losses are now recorded in the Consolidated Statements of Income. Prior to January 1, 2018, Equity Securities were included in Securities Available-For-Sale.



Equity Securities

September 30, 2018
Equity Securities, at Fair Value	$	1,916

Unrealized Gain (Loss) on Investments

The following is a summary of realized and unrealized gains and losses recognized in net income on equity securities during the three- and nine-month periods ended September 30, 2018:



	Three months ended September 30, 2018		Nine months ended September 30, 2018
Net Gain on Equity Securities	$	114	$	355
Less: Net gain (loss) recognized during the reporting period on equity securities sold during the period	—		—
Unrealized net gain recognized during the reporting period on equity securities still held at the reporting date	$	114	$	355