SECURITIES (Tables)

3 Months Ended

Mar. 31, 2017

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, 2017
Available for Sale
U. S. government agency	$	383	$	3	$	—	$	386
State and municipal		367,296		11,714		(2,377)		376,633
Mortgage-backed securities-residential (Government Sponsored Entity)		437,264		1,250		(4,439)		434,075
Collateralized mortgage obligations (Government Sponsored Entity)		199,857		1,436		(1,452)		199,841
Equity securities		4,670		—		—		4,670
Other securities		6,526		77		—		6,603
Total available for sale	$	1,015,996	$	14,480	$	(8,268)	$	1,022,208
			Gross		Gross
	Amortized		Unrealized		Unrealized
	Cost		Gains		Losses		Fair Value
As of December 31, 2016
Available for Sale
U. S. government agency	$	951	$	4	$	—	$	955
State and municipal		361,335		10,799		(2,848)		369,286
Mortgage-backed securities-residential (Government Sponsored Entity)		450,006		1,253		(4,629)		446,630
Collateralized mortgage obligations (Government Sponsored Entity)		179,314		1,514		(1,427)		179,401
Equity securities		4,670		—		—		4,670
Other securities		6,527		71		—		6,598
Total available for sale	$	1,002,803	$	13,641	$	(8,904)	$	1,007,540

Schedule of contractual maturities of securities

	Available for Sale
	Amortized Cost		Fair Value
Within one year	$	15,973	$	16,266
One through five years		80,903		84,512
Six through ten years		102,654		107,190
After ten years		174,675		175,654
Mortgage-backed securities-residential (Government Sponsored Entity)		437,264		434,075
Collateralized mortgage obligations (Government Sponsored Entity)		199,857		199,841
Equity securities		4,670		4,670
Total available for sale securities	$	1,015,996	$	1,022,208

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, 2017			Unrealized				Unrealized				Unrealized
Description of securities	Fair Value		Losses		Fair Value		Losses		Fair Value		Losses
U. S. government agency	$	—	$	—	$	—	$	—	$	—	$	—
State and municipal		73,729		(2,377)		—		—		73,729		(2,377)
Mortgage-backed securities-residential (Government Sponsored Entity)		310,779		(4,439)		—		—		310,779		(4,439)
Collateralized mortgage obligations (Government Sponsored Entity)		94,141		(1,231)		8,150		(221)		102,291		(1,452)
Other securities		—		—		—		—		—		—
Total temporarily impaired	$	478,649	$	(8,047)	$	8,150	$	(221)	$	486,799	$	(8,268)

	Less than 12 months				12 months or longer				Total
December 31, 2016			Unrealized				Unrealized				Unrealized
Description of securities	Fair Value		Losses		Fair Value		Losses		Fair Value		Losses
U. S. government agency	$	—	$	—	$	—	$	—	$	—	$	—
State and municipal		95,822		(2,848)		—		—		95,822		(2,848)
Mortgage-backed securities-residential (Government Sponsored Entity)		335,668		(4,629)		—		—		335,668		(4,629)
Collateralized mortgage obligations (Government Sponsored Entity)		77,694		(1,202)		8,518		(225)		86,212		(1,427)
Other securities		—		—		—		—		—		—
Total temporarily impaired	$	509,184	$	(8,679)	$	8,518	$	(225)	$	517,702	$	(8,904)