SECURITIES (Tables)

6 Months Ended

Jun. 30, 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 June 30, 2016
Available for Sale
U. S. government agency	$	448	$	14	$	—	$	462
State and municipal		336,560		24,016		(5)		360,571
Mortgage-backed securities-residential (Government Sponsored Entity)		440,766		9,596		—		450,362
Collateralized mortgage obligations (Government Sponsored Entity)		205,256		4,488		(30)		209,714
Equity securities		4,670		—		—		4,670
Other securities		6,531		70		—		6,601
Total available for sale	$	994,231	$	38,184	$	(35)	$	1,032,380
			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	$	13,756	$	13,867
One through five years		59,616		63,105
Six through ten years		119,452		127,933
After ten years		150,715		162,729
Mortgage-backed securities-residential (Government Sponsored Entity)		440,766		450,362
Collateralized mortgage obligations (Government Sponsored Entity)		205,256		209,714
Equity securities		4,670		4,670
Total available for sale securities	$	994,231	$	1,032,380

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
June 30, 2016			Unrealized				Unrealized				Unrealized
Description of securities	Fair Value		Losses		Fair Value		Losses		Fair Value		Losses
U. S. government agency	$	—	$	—	$	—	$	—	$	—	$	—
State and municipal		498		(5)		—		—		498		(5)
Mortgage-backed securities-residential (Government Sponsored Entity)		—		—		—		—		—		—
Collateralized mortgage obligations (Government Sponsored Entity)		—		—		9,508		(30)		9,508		(30)
Other securities		—		—		—		—		—		—
Total temporarily impaired	$	498	$	(5)	$	9,508	$	(30)	$	10,006	$	(35)

	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)