SECURITIES (Tables)

3 Months Ended

Mar. 31, 2016

SECURITIES

Schedule of amortized cost and fair value of securities available for sale and related unrealized gains/losses recognized in accumulated other comprehensive income

			Gross		Gross
	Amortized		Unrealized		Unrealized
	Cost		Gains		Losses		Fair Value
As of March 31, 2016
Available for Sale
U. S. government agency	$	473	$	13	$	—	$	486
State and municipal		329,661		19,779		(35)		349,405
Mortgage-backed securities-residential (Government Sponsored Entity)		348,661		6,337		—		354,998
Collateralized mortgage obligations (Government Sponsored Entity)		218,048		3,851		(281)		221,618
Equity securities		4,689		—		—		4,689
Other securities		6,523		—		—		6,523
Total available for sale	$	908,055	$	29,980	$	(316)	$	937,719
			Gross		Gross
	Amortized		Unrealized		Unrealized
	Cost		Gains		Losses		Fair Value
As of December 31, 2015
Available for Sale
U. S. government agency	$	499	$	5	$	—	$	504
State and municipal		332,999		17,802		(68)		350,733
Mortgage-backed securities-residential (Government Sponsored Entity)		332,525		2,199		(644)		334,080
Collateralized mortgage obligations (Government Sponsored Entity)		228,621		1,966		(1,838)		228,749
Equity securities		4,689		—		—		4,689
Other securities		6,524		—		—		6,524
Total available for sale	$	905,857	$	21,972	$	(2,550)	$	925,279

Schedule of contractual maturities of securities

	Available for Sale
	Amortized Cost		Fair Value
Within one year	$	13,327	$	13,451
One through five years		50,056		52,486
Six through ten years		129,180		137,543
After ten years		144,094		152,934
Mortgage-backed securities-residential (Government Sponsored Entity)		348,661		354,998
Collateralized mortgage obligations (Government Sponsored Entity)		218,048		221,618
Equity securities		4,689		4,689
Total available for sale securities	$	908,055	$	937,719

Schedule of securities in a continuous unrealized loss position with unrealized losses presented by length of time

	Less than 12 months				12 months or longer				Total
March 31, 2016			Unrealized				Unrealized				Unrealized
Description of securities	Fair Value		Losses		Fair Value		Losses		Fair Value		Losses
U. S. government agency	$	—	$	—	$	—	$	—	$	—	$	—
State and municipal		4,428		(24)		622		(11)		5,050		(35)
Mortgage-backed securities-residential (Government Sponsored Entity)		—		—		—		—		—		—
Collateralized mortgage obligations (Government Sponsored Entity)		—		—		42,245		(281)		42,245		(281)
Other securities		—		—		—		—		—		—
Total temporarily impaired	$	4,428	$	(24)	$	42,867	$	(292)	$	47,295	$	(316)

	Less than 12 months				12 months or longer				Total
December 31, 2015			Unrealized				Unrealized				Unrealized
Description of securities	Fair Value		Losses		Fair Value		Losses		Fair Value		Losses
U. S. government agency	$	—	$	—	$	—	$	—	$	—	$	—
State and municipal	$	4,802		(33)		1,367		(35)		6,169		(68)
Mortgage-backed securities-residential (Government Sponsored Entity)		168,950		(644)		—		—		168,950		(644)
Collateralized mortgage obligations (Government Sponsored Entity)		53,324		(591)		52,061		(1,247)		105,385		(1,838)
Other securities		—		—		—		—		—		—
Total temporarily impaired	$	227,076	$	(1,268)	$	53,428	$	(1,282)	$	280,504	$	(2,550)