SECURITIES (Tables)

9 Months Ended

Sep. 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 September 30, 2017
Available for Sale
U. S. government agency	$	115	$	1	$	—	$	116
State and municipal		376,533		13,490		(897)		389,126
Mortgage-backed securities-residential (Government Sponsored Entity)		402,987		1,831		(2,592)		402,226
Collateralized mortgage obligations (Government Sponsored Entity)		283,012		1,124		(1,379)		282,757
Equity securities		4,670		—		—		4,670
Other securities		4,933		75		—		5,008
Total available for sale	$	1,072,250	$	16,521	$	(4,868)	$	1,083,903
			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	$	18,434	$	18,666
One through five years		89,659		93,452
Six through ten years		97,431		101,640
After ten years		176,057		180,492
Mortgage-backed securities-residential (Government Sponsored Entity)		402,987		402,226
Collateralized mortgage obligations (Government Sponsored Entity)		283,012		282,757
Equity securities		4,670		4,670
Total available for sale securities	$	1,072,250	$	1,083,903

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, 2017			Unrealized				Unrealized				Unrealized
Description of securities	Fair Value		Losses		Fair Value		Losses		Fair Value		Losses
U. S. government agency	$	—	$	—	$	—	$	—	$	—	$	—
State and municipal		36,363		(517)		10,073		(380)		46,436		(897)
Mortgage-backed securities-residential (Government Sponsored Entity)		187,075		(2,359)		8,791		(233)		195,866		(2,592)
Collateralized mortgage obligations (Government Sponsored Entity)		132,884		(864)		17,580		(515)		150,464		(1,379)
Other securities		—		—		—		—		—		—
Total temporarily impaired	$	356,322	$	(3,740)	$	36,444	$	(1,128)	$	392,766	$	(4,868)

	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)