Securities (Tables)

3 Months Ended

Mar. 31, 2017

Investments, Debt and Equity Securities [Abstract]

Schedule of Securities Available-for-Sale

The amortized cost, unrealized gross gains and losses recognized in accumulated other comprehensive income (loss), and fair value of Securities Available-for-Sale at March 31, 2017 and December 31, 2016, were as follows:

Securities Available-for-Sale:	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Fair Value
March 31, 2017
Obligations of State and Political Subdivisions	$	254,587	$	5,169	$	(2,413	)	$	257,343
MBS/CMO - Residential	475,002		1,095		(7,441		)	468,656
Equity Securities	353		—		—			353
Total	$	729,942	$	6,264	$	(9,854	)	$	726,352
December 31, 2016
Obligations of State and Political Subdivisions	$	247,350	$	3,847	$	(3,678	)	$	247,519
MBS/CMO - Residential	471,852		480		(10,418		)	461,914
Equity Securities	353		—		—			353
Total	$	719,555	$	4,327	$	(14,096	)	$	709,786

Schedule of Securities by Contractual Maturity

The amortized cost and fair value of securities at March 31, 2017 by contractual maturity are shown below. Expected maturities may differ from contractual maturities because some issuers have the right to call or prepay certain obligations with or without call or prepayment penalties. Mortgage-backed and Equity Securities are not due at a single maturity date and are shown separately in the table below.

Securities Available-for-Sale:	Amortized Cost		Fair Value
Due in one year or less	$	3,443	$	3,481
Due after one year through five years	19,478		20,316
Due after five years through ten years	73,007		75,307
Due after ten years	158,659		158,239
MBS/CMO - Residential	475,002		468,656
Equity Securities	353		353
Total	$	729,942	$	726,352

Schedule of Proceeds from the Sales of Securities

Proceeds from the Sales of Securities are summarized below:

	Three Months Ended		Three Months Ended
	March 31, 2017		March 31, 2016
Proceeds from Sales	$	—	$	62,975
Gross Gains on Sales	—		—
Income Taxes on Gross Gains	—		—

Schedule of Securities with Unrealized Losses

Below is a summary of securities with unrealized losses as of March 31, 2017 and December 31, 2016, presented by length of time the securities have been in a continuous unrealized loss position:

	Less than 12 Months					12 Months or More					Total
March 31, 2017	Fair Value		Unrealized Loss			Fair Value		Unrealized Loss			Fair Value		Unrealized Loss
Obligations of State and Political Subdivisions	$	79,834	$	(2,413	)	$	—	$	—		$	79,834	$	(2,413	)
MBS/CMO - Residential	331,861		(5,992		)	45,218		(1,449		)	377,079		(7,441		)
Equity Securities	—		—			—		—			—		—
Total	$	411,695	$	(8,405	)	$	45,218	$	(1,449	)	$	456,913	$	(9,854	)

	Less than 12 Months					12 Months or More					Total
December 31, 2016	Fair Value		Unrealized Loss			Fair Value		Unrealized Loss			Fair Value		Unrealized Loss
Obligations of State and Political Subdivisions	$	108,918	$	(3,678	)	$	—	$	—		$	108,918	$	(3,678	)
MBS/CMO - Residential	356,040		(8,782		)	47,271		(1,636		)	403,311		(10,418		)
Equity Securities	—		—			—		—			—		—
Total	$	464,958	$	(12,460	)	$	47,271	$	(1,636	)	$	512,229	$	(14,096	)