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Investment Securities (Tables)
 6 Months Ended
Jun. 30, 2020
Investments, Debt and Equity Securities [Abstract]  
Reconciliation of Available-for-Sale Securities
The amortized cost, gross unrealized gains and losses and the fair value of the Company's available for sale and held to maturity investment securities are as follows:
 June 30, 2020December 31, 2019
(in thousands)Amortized
Cost		Gross
Unrealized
Gains		Gross
Unrealized
Losses		Fair
Value		Amortized
Cost		Gross
Unrealized
Gains		Gross
Unrealized
Losses		Fair
Value
AVAILABLE FOR SALE
U.S. Treasury and U.S. government agencies
$138,413  $1,792  $(347) $139,858  $135,361  $722  $(436) $135,647  
Mortgage-backed securities, residential
448,806  11,891  (303) 460,394  500,245  3,185  (1,551) 501,879  
Mortgage-backed securities, multifamily
45,539  2,267  —  47,806  48,675  633  (123) 49,185  
Asset-backed securities
41,815  —  (1,507) 40,308  —  —  —  —  
Obligations of states and political subdivisions
96,420  2,445  (16) 98,849  58,979  1,077  (35) 60,021  
Debt securities24,566  202  (2) 24,766  9,000  168  —  9,168  
$795,559  $18,597  $(2,175) $811,981  $752,260  $5,785  $(2,145) $755,900  
Reconciliation of Held-to-Maturity Securities
 June 30, 2020December 31, 2019
(in thousands)Amortized
Cost		Gross
Unrealized
Gains		Gross
Unrealized
Losses		Fair
Value		Amortized
Cost		Gross
Unrealized
Gains		Gross
Unrealized
Losses		Fair
Value
HELD TO MATURITY
U.S. government agencies$30,926  $929  $(2) $31,853  $31,335  $182  $(8) $31,509  
Mortgage-backed securities, residential
65,470  2,147  (2) 67,615  76,229  734  (176) 76,787  
Mortgage-backed securities, multifamily
728  51  —  779  1,750  4  (2) 1,752  
Obligations of states and political subdivisions
10,210  284  —  10,494  12,161  195  —  12,356  
Debt securities2,500  —  —  2,500  2,500  —  —  2,500  
$109,834  $3,411  $(4) $113,241  $123,975  $1,115  $(186) $124,904  
Summary of Investment Securities by Stated Maturity
The following table lists contractual maturities of investment securities classified as available for sale and held to maturity as of June 30, 2020. Expected maturities will differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties.
 Available for SaleHeld to Maturity
(in thousands)Amortized
Cost		Fair
Value		Amortized
Cost		Fair
Value
Due in one year or less$82,362  $82,477  $13,273  $13,394  
Due after one year through five years73,473  75,654  24,397  25,439  
Due after five years through ten years45,335  46,698  5,966  6,014  
Due after ten years58,229  58,644  —  —  
259,399  263,473  43,636  44,847  
Mortgage-backed and asset-backed securities536,160  548,508  66,198  68,394  
Total securities$795,559  $811,981  $109,834  $113,241  
Reconciliation of Available-for-Sale and Held-to-Maturity Securities in Continuous Unrealized Loss Position
The following tables indicate the length of time individual securities have been in a continuous unrealized loss position for the periods presented:
June 30, 2020Less Than 12 Months12 Months or LongerTotal
(dollars in thousands)Fair ValueUnrealized
Losses		Fair ValueUnrealized
Losses		Number of
Securities		Fair ValueUnrealized
Losses
AVAILABLE FOR SALE
U.S. Treasury and U.S. government agencies
$65,701  $37  $18,223  $310  10  $83,924  $347  
Mortgage-backed securities, residential58,977  228  6,652  75  27  65,629  303  
Asset-backed securities
40,307  1,507  —  —  6  40,307  1,507  
Obligations of states and political subdivisions
8,234  16  —  —  4  8,234  16  
Debt securities2,055  2  —  —  2  2,055  2  
$175,274  $1,790  $24,875  $385  $49  $200,149  $2,175  
HELD TO MATURITY
U.S. government agencies$2,861  $2  $—  $—  1  $2,861  $2  
Mortgage-backed securities, residential$421  $2  $1  —  $6  422  $2  
$3,282  $4  $1  $—  7  $3,283  $4  
December 31, 2019Less Than 12 Months12 Months or LongerTotal
(dollars in thousands)Fair ValueUnrealized
Losses		Fair ValueUnrealized
Losses		Number of
Securities		Fair ValueUnrealized
Losses
AVAILABLE FOR SALE
U.S. Treasury and U.S. government agencies
$11,625  $39  $41,617  $397  11  $53,242  $436  
Mortgage-backed securities, residential125,782  561  99,489  990  86  225,271  1,551  
Mortgage-backed securities, multifamily7,651  118  4,878  5  3  12,529  123  
Obligations of states and political subdivisions
373  2  6,559  33  5  6,932  35  
$145,431  $720  $152,543  $1,425  105  $297,974  $2,145  
HELD TO MATURITY
U.S. government agencies$3,195  $6  $5,102  $2  2  $8,297  $8  
Mortgage-backed securities, residential12,462  46  10,592  130  16  23,054  176  
Mortgage-backed securities, multifamily—  —  998  2  1  998  2  
$15,657  $52  $16,692  $134  19  $32,349  $186