Investment Securities (Tables)

12 Months Ended

Dec. 31, 2019

Investments, Debt and Equity Securities [Abstract]

The following table is the schedule of Available-For-Sale Securities at December 31, 2019 and 2018:



Available-For-Sale Securities
	U.S. Government & Agency Obligations		State and Municipal Obligations		Mortgage- Backed Securities		Corporate and Other Debt Securities		Total Available- For-Sale Securities
December 31, 2019
Available-For-Sale Securities, at Amortized Cost	$	5,002	$	764	$	349,944	$	1,000	$	356,710
Available-For-Sale Securities, at Fair Value	5,054		764		350,716		800		357,334
Gross Unrealized Gains	52		—		1,852		—		1,904
Gross Unrealized Losses	—		—		1,080		200		1,280
Available-For-Sale Securities, Pledged as Collateral, at Fair Value									164,426

Maturities of Debt Securities, at Amortized Cost:
Within One Year	—		25		18		—		43
From 1 - 5 Years	5,002		299		300,271		—		305,572
From 5 - 10 Years	—		—		49,655		1,000		50,655
Over 10 Years	—		440		—		—		440

Maturities of Debt Securities, at Fair Value:
Within One Year	—		26		18		—		44
From 1 - 5 Years	5,054		298		301,336		—		306,688
From 5 - 10 Years	—		—		49,362		800		50,162
Over 10 Years	—		440		—		—		440

Securities in a Continuous Loss Position, at Fair Value:
Less than 12 Months	$	—	$	—	$	52,491	$	—	$	52,491
12 Months or Longer	—		—		97,164		800		97,964
Total	$	—	$	—	$	149,655	$	800	$	150,455
Number of Securities in a Continuous Loss Position	—		—		54		1		55

Unrealized Losses on Securities in a Continuous Loss Position:
Less than 12 Months	$	—	$	—	$	317	$	—	$	317
12 Months or Longer	—		—		763		200		963
Total	$	—	$	—	$	1,080	$	200	$	1,280

Disaggregated Details:
US Agency Obligations, at Amortized Cost	5,002
US Agency Obligations, at Fair Value	5,054
US Government Agency Securities, at Amortized Cost					$	61,102
US Government Agency Securities, at Fair Value					60,616
Government Sponsored Entity Securities, at Amortized Cost					288,842
Government Sponsored Entity Securities, at Fair Value					290,100



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
December 31, 2018
Available-For-Sale Securities, at Amortized Cost	$	47,071	$	1,193	$	273,227	$	1,000	$	—	$	322,491
Available-For-Sale Securities, at Fair Value	46,765		1,195		268,775		800		—		317,535
Gross Unrealized Gains	—		2		288		—		—		290
Gross Unrealized Losses	306		—		4,740		200		—		5,246
Available-For-Sale Securities, Pledged as Collateral, at Fair Value											236,163

Securities in a Continuous Loss Position, at Fair Value:
Less than 12 Months	$	—	$	—	$	107,550	$	—	$	—	$	107,550
12 Months or Longer	46,765		—		124,627		800		—		172,192
Total	$	46,765	$	—	$	232,177	$	800	$	—	$	279,742
Number of Securities in a Continuous Loss Position	10		—		86		1		—		97

Unrealized Losses on Securities in a Continuous Loss Position:
Less than 12 Months	$	—	$	—	$	841	$	—	$	—	$	841
12 Months or Longer	306		—		3,899		200		—		4,405
Total	$	306	$	—	$	4,740	$	200	$	—	$	5,246

Disaggregated Details:
US Agency Obligations, at Amortized Cost	47,071
US Agency Obligations, at Fair Value	46,765
US Government Agency Securities, at Amortized Cost					72,095
US Government Agency Securities, at Fair Value					71,800
Government Sponsored Entity Securities, at Amortized Cost					201,132
Government Sponsored Entity Securities, at Fair Value					196,975

Held-to-maturity Securities

The following table is the schedule of Held-To-Maturity Securities at December 31, 2019 and 2018:



Held-To-Maturity Securities
	State and Municipal Obligations		Mortgage- Backed Securities		Total Held-To Maturity Securities
December 31, 2019
Held-To-Maturity Securities, at Amortized Cost	$	208,243	$	36,822	$	245,065
Held-To-Maturity Securities, at Fair Value	212,319		37,299		249,618
Gross Unrealized Gains	4,170		477		4,647
Gross Unrealized Losses	94		—		94
Held-To-Maturity Securities, Pledged as Collateral, at Fair Value					237,969

Maturities of Debt Securities, at Amortized Cost:
Within One Year	17,243		3,532		20,775
From 1 - 5 Years	115,150		33,290		148,440
From 5 - 10 Years	74,259		—		74,259
Over 10 Years	1,591		—		1,591

Maturities of Debt Securities, at Fair Value:
Within One Year	17,276		3,586		20,862
From 1 - 5 Years	117,178		33,713		150,891
From 5 - 10 Years	76,242		—		76,242
Over 10 Years	1,623		—		1,623

Securities in a Continuous Loss Position, at Fair Value:
Less than 12 Months	$	1,438	$	—	$	1,438
12 Months or Longer	1,994		—		1,994
Total	$	3,432	$	—	$	3,432
Number of Securities in a Continuous Loss Position	10		—		10

Unrealized Losses on Securities in a Continuous Loss Position:
Less than 12 Months	$	85	$	—	$	85
12 Months or Longer	9		—		9
Total	$	94	$	—	$	94

Disaggregated Details:
US Government Agency Securities, at Amortized Cost			1,703
US Government Agency Securities, at Fair Value			1,720
Government Sponsored Entity Securities, at Amortized Cost			35,119
Government Sponsored Entity Securities, at Fair Value			35,579



Held-To-Maturity Securities
	State and Municipal Obligations		Mortgage- Backed Securities		Total Held-To Maturity Securities
December 31, 2018
Held-To-Maturity Securities, at Amortized Cost	$	235,782	$	47,694	$	283,476
Held-To-Maturity Securities, at Fair Value	233,359		46,979		280,338
Gross Unrealized Gains	486		—		486
Gross Unrealized Losses	2,909		715		3,624
Held-To-Maturity Securities, Pledged as Collateral, at Fair Value					266,341

Securities in a Continuous Loss Position, at Fair Value:
Less than 12 Months	$	32,093	$	33,309	$	65,402
12 Months or Longer	110,947		13,670		124,617
Total	$	143,040	$	46,979	$	190,019
Number of Securities in a Continuous Loss Position	411		47		458

Unrealized Losses on Securities in a Continuous Loss Position:
Less than 12 Months	$	162	$	456	$	618
12 Months or Longer	2,747		259		3,006
Total	$	2,909	$	715	$	3,624

Disaggregated Details:
US Government Agency Securities, at Amortized Cost			2,180
US Government Agency Securities, at Fair Value			2,143
Government Sponsored Entity Securities, at Amortized Cost			45,514
Government Sponsored Entity Securities, at Fair Value			44,836

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

The following table is the schedule of Equity Securities at December 31, 2019 and 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

	December 31,
	2019		2018
Equity Securities, at Fair Value	$	2,063	$	1,774

Gain (Loss) on Securities

The following is a summary of realized and unrealized gains and losses recognized in net income on equity securities during the years ended December 31, 2019 and 2018 :



	December 31,
	2019		2018
Net Gain on Equity Securities	$	289	$	213
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	$	289	$	213

Schedule of Federal Home Loan Bank, Advances, by Branch of FHLB Bank

Schedule of Federal Reserve Bank and Federal Home Loan Bank Stock (at cost)



	December 31,
	2019		2018
Federal Reserve Bank Stock	$	1,138	$	1,132
Federal Home Loan Bank Stock	9,179		14,374
Total Federal Reserve Bank and Federal Home Loan Bank Stock	$	10,317	$	15,506