Securities (Tables)

3 Months Ended

Mar. 31, 2019

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, 2019 and December 31, 2018, were as follows:

Securities Available-for-Sale:	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Fair Value
March 31, 2019
Obligations of State and Political Subdivisions	$	283,892	$	8,640	$	(215	)	$	292,317
MBS/CMO - Residential	537,302		2,487		(7,509		)	532,280
Total	$	821,194	$	11,127	$	(7,724	)	$	824,597
December 31, 2018
Obligations of State and Political Subdivisions	$	291,449	$	4,407	$	(1,323	)	$	294,533
MBS/CMO - Residential	529,805		1,029		(12,756		)	518,078
Total	$	821,254	$	5,436	$	(14,079	)	$	812,611

Schedule of Securities by Contractual Maturity

The amortized cost and fair value of securities at March 31, 2019 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.

Securities Available-for-Sale:	Amortized Cost		Fair Value
Due in one year or less	$	2,206	$	2,216
Due after one year through five years	16,102		16,431
Due after five years through ten years	76,237		78,748
Due after ten years	189,347		194,922
MBS/CMO - Residential	537,302		532,280
Total	$	821,194	$	824,597

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, 2019		March 31, 2018
Proceeds from Sales	$	11,815	$	7,295
Gross Gains on Sales	155		270
Income Taxes on Gross Gains	33		57

Schedule of Securities with Unrealized Losses

Below is a summary of securities with unrealized losses as of March 31, 2019 and December 31, 2018, 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, 2019	Fair Value		Unrealized Loss		Fair Value		Unrealized Loss			Fair Value		Unrealized Loss
Obligations of State and Political Subdivisions	$	—	$	—	$	18,574	$	(215	)	$	18,574	$	(215	)
MBS/CMO - Residential	2		—		353,617		(7,509		)	353,619		(7,509		)
Total	$	2	$	—	$	372,191	$	(7,724	)	$	372,193	$	(7,724	)

	Less than 12 Months					12 Months or More					Total
December 31, 2018	Fair Value		Unrealized Loss			Fair Value		Unrealized Loss			Fair Value		Unrealized Loss
Obligations of State and Political Subdivisions	$	37,936	$	(286	)	$	49,071	$	(1,037	)	$	87,007	$	(1,323	)
MBS/CMO - Residential	56,386		(601		)	356,218		(12,155		)	412,604		(12,756		)
Total	$	94,322	$	(887	)	$	405,289	$	(13,192	)	$	499,611	$	(14,079	)