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Investment Securities (Tables)
 9 Months Ended
Sep. 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:
 September 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
$71,953 $1,640 $(318)$73,275 $135,361 $722 $(436)$135,647 
Mortgage-backed securities, residential
421,453 10,583 (246)431,790 500,245 3,185 (1,551)501,879 
Mortgage-backed securities, multifamily
42,943 2,107 (13)45,037 48,675 633 (123)49,185 
Asset-backed securities
41,354 — (643)40,711 — — — — 
Obligations of states and political subdivisions
162,296 2,859 (445)164,710 58,979 1,077 (35)60,021 
Debt securities27,559 250 (1)27,808 9,000 168 — 9,168 
$767,558 $17,439 $(1,666)$783,331 $752,260 $5,785 $(2,145)$755,900 
Reconciliation of Held-to-Maturity Securities
 September 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$25,805 $853 $— $26,658 $31,335 $182 $(8)$31,509 
Mortgage-backed securities, residential
60,737 2,133 (1)62,869 76,229 734 (176)76,787 
Mortgage-backed securities, multifamily
717 54 — 771 1,750 4 (2)1,752 
Obligations of states and political subdivisions
8,134 273 — 8,407 12,161 195 — 12,356 
Debt securities2,500 — — 2,500 2,500 — — 2,500 
$97,893 $3,313 $(1)$101,205 $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 September 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$14,138 $14,207 $8,697 $8,791 
Due after one year through five years73,990 76,199 21,870 22,847 
Due after five years through ten years45,274 46,617 5,872 5,927 
Due after ten years128,406 128,770 — — 
261,808 265,793 36,439 37,565 
Mortgage-backed and asset-backed securities505,750 517,538 61,454 63,640 
Total securities$767,558 $783,331 $97,893 $101,205 
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:
September 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
$4,993 $2 $21,228 $316 7 $26,221 $318 
Mortgage-backed securities, residential57,063 175 6,021 71 27 63,084 246 
Mortgage-backed securities, multifamily2,557 13 — — 2 2,557 13 
Asset-backed securities
40,711 643 — — 6 40,711 643 
Obligations of states and political subdivisions
51,342 445 — — 31 51,342 445 
Debt securities1,055 1 — — 1 1,055 1 
$157,721 $1,279 $27,249 $387 $74 $184,970 $1,666 
HELD TO MATURITY
Mortgage-backed securities, residential$119 $1 $25 — $5 144 $1 
$119 $1 $25 $— 5 $144 $1 
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