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Investment Securities (Tables)
6 Months Ended
Jun. 30, 2020
Investments, Debt and Equity Securities [Abstract]  
Debt Securities, Available-For-Sale
The following table is the schedule of Available-For-Sale Securities at June 30, 2020, December 31, 2019 and June 30, 2019:
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
June 30, 2020
Available-For-Sale Securities,
at Amortized Cost
$5,002  $593  $363,339  $1,000  $369,934  
Gross Unrealized Gains190  —  9,278  —  9,468  
Gross Unrealized Losses —  —  (424) (200) (624) 
Available-For-Sale Securities,
at Fair Value
5,192  593  372,193  800  378,778  
Available-For-Sale Securities,
Pledged as Collateral, at Fair Value
240,747  
Maturities of Debt Securities,
at Amortized Cost:
Within One Year$—  $68  $10,777  $—  $10,845  
From 1 - 5 Years5,002  125  326,971  —  332,098  
From 5 - 10 Years—  400  25,591  1,000  26,991  
Over 10 Years—  —  —  —  —  
Maturities of Debt Securities,
at Fair Value:
Within One Year$—  $68  $11,079  $—  $11,147  
From 1 - 5 Years5,192  125  335,672  —  340,989  
From 5 - 10 Years—  400  25,442  800  26,642  
Over 10 Years—  —  —  —  —  
Securities in a Continuous
Loss Position, at Fair Value:
Less than 12 Months$—  $—  $28,008  $—  $28,008  
12 Months or Longer—  —  57,482  800  58,282  
Total$—  $—  $85,490  $800  $86,290  
Number of Securities in a
Continuous Loss Position
—  —  27   28  
Unrealized Losses on
Securities in a Continuous
Loss Position:
Less than 12 Months$—  $—  $82  $—  $82  
12 Months or Longer—  —  342  200  542  
Total$—  $—  $424  $200  $624  
Disaggregated Details:
US Agency Obligations,
at Amortized Cost
$5,002  
US Agency Obligations,
at Fair Value
5,192  
US Government Agency
Securities, at Amortized Cost
$73,546  
US Government Agency
Securities, at Fair Value
73,193  
Government Sponsored Entity
Securities, at Amortized Cost
289,793  
Government Sponsored Entity
Securities, at Fair Value
299,000  
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  $356,710  
Gross Unrealized Gains52  —  1,852  —  1,904  
Gross Unrealized Losses—  —  (1,080) (200) (1,280) 
Available-For-Sale Securities,
at Fair Value
5,054  764  350,716  800  357,334  
Available-For-Sale Securities,
Pledged as Collateral,
at Fair Value
164,426  
Securities in a Continuous
Loss Position, at Fair Value:
Less than 12 Months$—  $—  $52,491  $—  $52,491  
12 Months or Longer—  —  97,164  800  97,964  
Total$—  $—  $149,655  $800  $150,455  
Number of Securities in a
Continuous Loss Position
—  —  54   55  
Unrealized Losses on
Securities in a Continuous
Loss Position:
Less than 12 Months$—  $—  $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
Total
Available-
For-Sale
Securities
June 30, 2019
Available-For-Sale Securities,
at Amortized Cost
$17,506  $965  $266,235  $1,000  $285,706  
Gross Unrealized Gains31   1,293  —  1,326  
Gross Unrealized Losses(13) —  (941) (200) (1,154) 
Available-For-Sale Securities,
at Fair Value
17,524  967  266,587  800  285,878  
Available-For-Sale Securities,
Pledged as Collateral, at Fair Value
246,202  
Securities in a Continuous
Loss Position, at Fair Value:
Less than 12 Months$35  $—  $24,948  $—  $24,983  
12 Months or Longer12,454  —  130,229  800  143,483  
Total$12,489  $—  $155,177  $800  $168,466  
Number of Securities in a
Continuous Loss Position
 —  61   64  
Unrealized Losses on Securities
in a Continuous Loss Position:
Less than 12 Months$—  $—  $234  $—  $234  
12 Months or Longer13  —  707  200  920  
Total$13  $—  $941  $200  $1,154  
Disaggregated Details:
US Agency Obligations,
at Amortized Cost
$17,506  
US Agency Obligations,
at Fair Value
17,524  
US Government Agency
Securities, at Amortized Cost
$67,760  
US Government Agency
Securities, at Fair Value
67,613  
Government Sponsored Entity
Securities, at Amortized Cost
198,475  
Government Sponsored Entity
Securities, at Fair Value
198,974  
Held-To-Maturity Securities
The following table is the schedule of Held-To-Maturity Securities at June 30, 2020, December 31, 2019 and June 30, 2019:
Held-To-Maturity Securities
State and
Municipal
Obligations
Mortgage-
Backed
Securities
Total
Held-To
Maturity
Securities
June 30, 2020
Held-To-Maturity Securities,
at Amortized Cost
$201,592  $31,925  $233,517  
Gross Unrealized Gains7,056  1,438  8,494  
Gross Unrealized Losses(136) —  (136) 
Held-To-Maturity Securities,
at Fair Value
208,512  33,363  241,875  
Held-To-Maturity Securities,
Pledged as Collateral, at Fair Value
227,528  
Maturities of Debt Securities,
at Amortized Cost:
Within One Year$19,115  $3,800  $22,915  
From 1 - 5 Years138,225  28,125  166,350  
From 5 - 10 Years43,189  —  43,189  
Over 10 Years1,063  —  1,063  
Maturities of Debt Securities,
at Fair Value:
Within One Year$19,199  $3,933  $23,132  
From 1 - 5 Years142,973  29,430  172,403  
From 5 - 10 Years45,260  —  45,260  
Over 10 Years1,080  —  1,080  
Securities in a Continuous
Loss Position, at Fair Value:
Less than 12 Months$1,433  $—  $1,433  
12 Months or Longer1,358  —  1,358  
Total$2,791  $—  $2,791  
Number of Securities in a
Continuous Loss Position
 —   
Unrealized Losses on Securities
in a Continuous Loss Position:
Less than 12 Months$87  $—  $87  
12 Months or Longer49  —  49  
Total$136  $—  $136  
Disaggregated Details:
US Government Agency
Securities, at Amortized Cost
$11,706  
US Government Agency
Securities, at Fair Value
12,131  
Government Sponsored Entity
Securities, at Amortized Cost
20,219  
Government Sponsored Entity
Securities, at Fair Value
21,232  
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  
Gross Unrealized Gains4,170  477  4,647  
Gross Unrealized Losses(94) —  (94) 
Held-To-Maturity Securities,
at Fair Value
212,319  37,299  249,618  
Held-To-Maturity Securities,
Pledged as Collateral, at Fair Value
237,969  
Securities in a Continuous
Loss Position, at Fair Value:
Less than 12 Months$1,438  $—  $1,438  
12 Months or Longer1,994  —  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 —   
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  
June 30, 2019
Held-To-Maturity Securities,
at Amortized Cost
$220,529  $42,012  $262,541  
Gross Unrealized Gains3,206  415  3,621  
Gross Unrealized Losses(81) (13) (94) 
Held-To-Maturity Securities,
at Fair Value
223,654  42,414  266,068  
Held-To-Maturity Securities,
Pledged as Collateral, at Fair Value
251,639  
Securities in a Continuous
Loss Position, at Fair Value:
Less than 12 Months$159  $(67) $92  
12 Months or Longer14,374  1,711  16,085  
Total$14,533  $1,644  $16,177  
Number of Securities in a
Continuous Loss Position
36   37  
Unrealized Losses on
Securities in a Continuous
Loss Position:
Less than 12 Months$—  $—  $—  
Held-To-Maturity Securities
State and
Municipal
Obligations
Mortgage-
Backed
Securities
Total
Held-To
Maturity
Securities
12 Months or Longer81  13  94  
Total$81  $13  $94  
June 30, 2019
Disaggregated Details:
US Government Agency
Securities, at Amortized Cost
$1,942  
US Government Agency
Securities, at Fair Value
1,948  
Government Sponsored Entity
Securities, at Amortized Cost
40,070  
Government Sponsored Entity
Securities, at Fair Value
40,466  
Debt Securities, Trading, and Equity Securities, FV-NI
The following table is the schedule of Equity Securities at June 30, 2020, December 31, 2019 and June 30, 2019:
Equity Securities
June 30, 2020December 31, 2019June 30, 2019
Equity Securities, at Fair Value$1,583$2,063$1,850
Unrealized Gain (Loss) on Investments
The following is a summary of realized and unrealized gains and losses recognized in net income on equity securities during the three- and six-month periods ended June 30, 2020 and 2019:
Quarterly Period Ended:Year-to-Date Period Ended:
June 30, 2020June 30, 2019June 30, 2020June 30, 2019
Net (Loss) Gain on Equity Securities$(106) $—  $(480) $76  
Less: Net gain (loss) recognized during the reporting period on equity securities sold during the period—  —  —  —  
Unrealized net (loss) gain recognized during the reporting period on equity securities still held at the reporting date$(106) $—  $(480) $76