SECURITIES (Tables)

12 Months Ended

Dec. 31, 2016

Securities [Abstract]

Summary of Available-For-Sale Securities

Information related to the fair value and amortized cost of securities available for sale and the related gross unrealized gains and losses recognized in accumulated other comprehensive income (loss) at December 31 is provided in the tables below.

			Gross		Gross
	Amortized		Unrealized		Unrealized		Fair
(dollars in thousands)	Cost		Gain		Losses		Value
2016
U.S. Treasury securities	$	990	$	13	$	0	$	1,003
U.S. government sponsored agencies		6,312		10		(81)		6,241
Agency residential mortgage-backed securities		351,108		3,604		(3,144)		351,568
State and municipal securities		146,917		1,784		(3,322)		145,379
Total	$	505,327	$	5,411	$	(6,547)	$	504,191
2015
U.S. Treasury securities	$	988	$	15	$	0	$	1,003
U.S. government sponsored agencies		7,178		19		(77)		7,120
Agency residential mortgage-backed securities		357,984		5,087		(2,399)		360,672
State and municipal securities		105,753		3,773		(250)		109,276
Total	$	471,903	$	8,894	$	(2,726)	$	478,071

Schedule of Available-For-Sale Securities By Maturity

Actual maturities of securities may differ from contractual maturities because borrowers may have the right to prepay the obligation without prepayment penalty.

	Amortized		Fair
(dollars in thousands)	Cost		Value
Due in one year or less	$	3,370	$	3,403
Due after one year through five years		22,002		22,404
Due after five years through ten years		47,028		47,882
Due after ten years		81,819		78,934
		154,219		152,623
Mortgage-backed securities		351,108		351,568
Total debt securities	$	505,327	$	504,191

Schedule of Sales of Securities Available For Sale

Security proceeds, gross gains and gross losses for 2016, 2015 and 2014 were as follows:

(dollars in thousands)	2016		2015		2014
Sales of securities available for sale
Proceeds	$	12,095	$	7,787	$	13,766
Gross gains		83		42		3
Gross losses		17		0		231

Schedule of Available-For-Sale Securities Continuous Unrealized Loss Position

The tables distribute the securities between those with unrealized losses for less than twelve months and those with unrealized losses for twelve months or more.

	Less than 12 months				12 months or more				Total
	Fair		Unrealized		Fair		Unrealized		Fair		Unrealized
(dollars in thousands)	Value		Losses		Value		Losses		Value		Losses
2016
U.S. government sponsored agencies	$	3,290	$	81	$	0	$	0	$	3,290	$	81
Agency residential mortgage-backed
securities		181,699		2,882		7,080		262		188,779		3,144
State and municipal securities		77,434		3,180		2,361		142		79,795		3,322
Total temporarily impaired	$	262,423	$	6,143	$	9,441	$	404	$	271,864	$	6,547
2015
U.S. government sponsored agencies	$	0	$	0	$	3,895	$	77	$	3,895	$	77
Agency residential mortgage-backed
securities		151,792		1,521		30,116		878		181,908		2,399
State and municipal securities		11,364		78		8,326		172		19,690		250
Total temporarily impaired	$	163,156	$	1,599	$	42,337	$	1,127	$	205,493	$	2,726

Quantitative Disclosure of Available-For-Sale Securities

The number of securities with unrealized losses as of December 31, 2016 and 2015 is presented below.

	Less than	12 months
	12 months	or more	Total
2016
U.S. government sponsored agencies	1	0	1
Agency residential mortgage-backed securities	59	2	61
State and municipal securities	121	4	125
Total temporarily impaired	181	6	187
2015
U.S. government sponsored agencies	0	1	1
Agency residential mortgage-backed securities	46	9	55
State and municipal securities	21	12	33
Total temporarily impaired	67	22	89