SECURITIES (Tables)

6 Months Ended

Jun. 30, 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 June 30, 2017
Available for Sale
U. S. government agency	$	116	$	1	$	—	$	117
State and municipal		373,881		13,742		(1,194)		386,429
Mortgage-backed securities-residential (Government Sponsored Entity)		465,742		1,494		(3,296)		463,940
Collateralized mortgage obligations (Government Sponsored Entity)		219,234		1,265		(1,109)		219,390
Equity securities		4,670		—		—		4,670
Other securities		4,934		75		—		5,009
Total available for sale	$	1,068,577	$	16,577	$	(5,599)	$	1,079,555
			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	$	16,223	$	16,444
One through five years		85,639		89,449
Six through ten years		98,487		103,072
After ten years		178,582		182,590
Mortgage-backed securities-residential (Government Sponsored Entity)		465,742		463,940
Collateralized mortgage obligations (Government Sponsored Entity)		219,234		219,390
Equity securities		4,670		4,670
Total available for sale securities	$	1,068,577	$	1,079,555

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, 2017			Unrealized				Unrealized				Unrealized
Description of securities	Fair Value		Losses		Fair Value		Losses		Fair Value		Losses
U. S. government agency	$	—	$	—	$	—	$	—	$	—	$	—
State and municipal		49,178		(1,164)		467		(30)		49,645		(1,194)
Mortgage-backed securities-residential (Government Sponsored Entity)		227,307		(3,296)		—		—		227,307		(3,296)
Collateralized mortgage obligations (Government Sponsored Entity)		80,687		(905)		7,801		(204)		88,488		(1,109)
Other securities		—		—		—		—		—		—
Total temporarily impaired	$	357,172	$	(5,365)	$	8,268	$	(234)	$	365,440	$	(5,599)

	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)