Securities (Tables)

3 Months Ended

Mar. 31, 2018

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, 2018 and December 31, 2017, were as follows:

Securities Available-for-Sale:	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Fair Value
March 31, 2018
Obligations of State and Political Subdivisions	$	271,135	$	3,893	$	(2,275	)	$	272,753
MBS/CMO - Residential	481,192		76		(16,417		)	464,851
Total	$	752,327	$	3,969	$	(18,692	)	$	737,604
December 31, 2017
Obligations of State and Political Subdivisions	$	267,437	$	6,733	$	(861	)	$	273,309
MBS/CMO - Residential	476,205		416		(9,289		)	467,332
Total	$	743,642	$	7,149	$	(10,150	)	$	740,641

Schedule of Securities by Contractual Maturity

The amortized cost and fair value of securities at March 31, 2018 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 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	$	2,814	$	2,835
Due after one year through five years	20,970		21,520
Due after five years through ten years	80,105		81,462
Due after ten years	167,246		166,936
MBS/CMO - Residential	481,192		464,851
Total	$	752,327	$	737,604

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, 2018		March 31, 2017
Proceeds from Sales	$	7,295	$	—
Gross Gains on Sales	270		—
Income Taxes on Gross Gains	57		—

Schedule of Securities with Unrealized Losses

Below is a summary of securities with unrealized losses as of March 31, 2018 and December 31, 2017, 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, 2018	Fair Value		Unrealized Loss			Fair Value		Unrealized Loss			Fair Value		Unrealized Loss
Obligations of State and Political Subdivisions	$	74,634	$	(1,264	)	$	23,716	$	(1,011	)	$	98,350	$	(2,275	)
MBS/CMO - Residential	222,993		(5,380		)	236,726		(11,037		)	459,719		(16,417		)
Total	$	297,627	$	(6,644	)	$	260,442	$	(12,048	)	$	558,069	$	(18,692	)

	Less than 12 Months					12 Months or More					Total
December 31, 2017	Fair Value		Unrealized Loss			Fair Value		Unrealized Loss			Fair Value		Unrealized Loss
Obligations of State and Political Subdivisions	$	33,230	$	(237	)	$	24,161	$	(624	)	$	57,391	$	(861	)
MBS/CMO - Residential	172,354		(2,048		)	250,520		(7,241		)	422,874		(9,289		)
Total	$	205,584	$	(2,285	)	$	274,681	$	(7,865	)	$	480,265	$	(10,150	)