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SECURITIES AVAILABLE FOR SALE (Tables)
12 Months Ended
Dec. 31, 2019
Investments, Debt and Equity Securities [Abstract]  
Summary of Amortized Cost and Fair Value and Corresponding amounts of gross unrealized gains and losses The following table summarizes amortized cost and fair value of AFS securities, and the corresponding amounts of gross unrealized gains and losses recognized in AOCI at December 31, 2019 and 2018.
Amortized
Cost
Gross
Unrealized
Gains
Gross
Unrealized
Losses
Fair Value
December 31, 2019
States and political subdivisions$83,607  $4,288  $32  $87,863  
GSE residential CMOs
67,928  1,000  774  68,154  
Non-agency CMOs17,210  —  123  17,087  
Private label commercial CMOs86,704  156  231  86,629  
Asset-backed and other235,544  138  5,029  230,653  
Totals$490,993  $5,582  $6,189  $490,386  
December 31, 2018
States and political subdivisions$144,596  $1,919  $1,511  $145,004  
GSE residential CMOs
110,421  332  2,689  108,064  
Private label residential CMOs144  —   143  
Private label commercial CMOs75,911  55  921  75,045  
Asset-backed and other138,535  126  1,073  137,588  
Totals$469,607  $2,432  $6,195  $465,844  
Summary of Securities Available For Sale With Unrealized Losses
The following table summarizes AFS securities with unrealized losses at December 31, 2019 and 2018, aggregated by major security type and length of time in a continuous unrealized loss position.
 Less Than 12 Months12 Months or MoreTotal
# of Securities
Fair
Value
Unrealized
Losses
# of Securities
Fair
Value
Unrealized
Losses
# of Securities
Fair
Value
Unrealized
Losses
December 31, 2019
States and political subdivisions
 $6,173  $32  —  $ $  $6,173  $32  
GSE residential CMOs
 37,158  309   11,602  465   48,760  774  
Non-agency CMOs 17,087  123  —  —  —   17,087  123  
Private label commercial CMOs 26,079  67   39,726  164  14  65,805  231  
Asset-backed and other 92,189  1,145   121,399  3,884  18  213,588  5,029  
Totals
22  $178,686  $1,676  18  $172,727  $4,513  40  $351,413  $6,189  
December 31, 2018
States and political subdivisions27  $46,585  $662   $23,036  $849  33  $69,621  $1,511  
GSE residential CMOs
 18,037  122   46,168  2,567   64,205  2,689  
Private label residential CMOs 143   —  —  —   143   
Private label commercial CMOs11  56,499  712   6,349  209  13  62,848  921  
Asset-backed and other 78,900  859   10,808  214   89,708  1,073  
Totals
46  $200,164  $2,356  18  $86,361  $3,839  64  $286,525  $6,195  
Summary of Amortized Cost and Fair Value by Contractual Maturity
The following table summarizes amortized cost and fair value of AFS securities by contractual maturity at December 31, 2019. Expected maturities may differ from contractual maturities if borrowers have the right to call or prepay obligations with or without call or prepayment penalties. Securities not due at a single maturity date are shown separately.
 
 Available for Sale
Amortized CostFair Value
Due in one year or less$230  $230  
Due after one year through five years—  —  
Due after five years through ten years26,346  27,631  
Due after ten years57,031  60,002  
CMOs171,842  171,870  
Asset-backed and other235,544  230,653  
$490,993  $490,386  
Summary of Proceeds from Sale of Available for Sale Securities
The following table summarizes proceeds from sales of AFS securities and gross gains and gross losses for the years ended December 31, 2019, 2018 and 2017.
201920182017
Proceeds from sale of AFS securities$199,928  $156,364  $162,320  
Gross gains4,974  1,681  1,477  
Gross losses225  675  287