SECURITIES (Tables)

9 Months Ended

Sep. 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 September 30, 2016
Available for Sale
U. S. government agency	$	426	$	10	$	—	$	436
State and municipal		339,261		20,529		(93)		359,697
Mortgage-backed securities-residential (Government Sponsored Entity)		446,989		9,478		(3)		456,464
Collateralized mortgage obligations (Government Sponsored Entity)		192,100		3,664		(145)		195,619
Equity securities		6,233		—		—		6,233
Other securities		6,529		70		—		6,599
Total available for sale	$	991,538	$	33,751	$	(241)	$	1,025,048
			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	$	11,347	$	11,456
One through five years		70,884		74,840
Six through ten years		112,190		119,436
After ten years		151,795		161,000
Mortgage-backed securities-residential (Government Sponsored Entity)		446,989		456,464
Collateralized mortgage obligations (Government Sponsored Entity)		192,100		195,619
Equity securities		6,233		6,233
Total available for sale securities	$	991,538	$	1,025,048

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
September 30, 2016			Unrealized				Unrealized				Unrealized
Description of securities	Fair Value		Losses		Fair Value		Losses		Fair Value		Losses
U. S. government agency	$	—	$	—	$	—	$	—	$	—	$	—
State and municipal		10,825		(93)		—		—		10,825		(93)
Mortgage-backed securities-residential (Government Sponsored Entity)		10,175		(3)		—		—		10,175		(3)
Collateralized mortgage obligations (Government Sponsored Entity)		17,568		(77)		9,068		(68)		26,636		(145)
Other securities		—		—		—		—		—		—
Total temporarily impaired	$	38,568	$	(173)	$	9,068	$	(68)	$	47,636	$	(241)

	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)