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Securities (Tables)
6 Months Ended
Jun. 30, 2022
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 were as follows:
Securities Available-for-Sale:Amortized
Cost
Gross
Unrealized
Gains
Gross
Unrealized
Losses
Allowance for Credit Losses Fair
Value
    
June 30, 2022    
U.S. Treasury$1,494 $— $(1)$— $1,493 
Obligations of State and Political Subdivisions975,510 1,771 (147,072)— 830,209 
MBS/CMO876,135 67 (96,177)— 780,025 
US Gov’t Sponsored Entities & Agencies235,325 61 (25,378)— 210,008 
Total$2,088,464 $1,899 $(268,628)$— $1,821,735 
December 31, 2021    
Obligations of State and Political Subdivisions$896,048 $31,138 $(1,480)$— $925,706 
MBS/CMO797,693 4,738 (10,481)— 791,950 
US Gov’t Sponsored Entities & Agencies175,457 192 (3,688)— 171,961 
Total$1,869,198 $36,068 $(15,649)$— $1,889,617 
Schedule of Securities by Contractual Maturity
The amortized cost and fair value of Securities at June 30, 2022 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$3,849 $3,856 
Due after one year through five years19,898 20,212 
Due after five years through ten years77,761 76,616 
Due after ten years875,496 731,018 
MBS/CMO876,135 780,025 
US Gov’t Sponsored Entities & Agencies235,325 210,008 
Total$2,088,464 $1,821,735 
Schedule of Proceeds from the Sales of Securities
Proceeds from the Sales of Securities are summarized below:
 Three Months EndedThree Months Ended
June 30, 2022June 30, 2021
Proceeds from Sales$5,554 $15,378 
Gross Gains on Sales78 300 
Income Taxes on Gross Gains16 63 
 Six Months EndedSix Months Ended
 June 30, 2022June 30, 2021
Proceeds from Sales$97,500 $66,748 
Gross Gains on Sales450 1,275 
Income Taxes on Gross Gains94 268 
Schedule of Securities with Unrealized Losses
Below is a summary of securities with unrealized losses as of June 30, 2022 and December 31, 2021, presented by length of time the securities have been in a continuous unrealized loss position:
 Less than 12 Months12 Months or MoreTotal
June 30, 2022Fair
Value
Unrealized
Loss
Fair
Value
Unrealized
Loss
Fair
Value
Unrealized
Loss
U.S. Treasury and Agency Securities$1,493 $(1)$— $— $1,493 $(1)
Obligations of State and Political Subdivisions695,986 (142,294)14,716 (4,778)710,702 (147,072)
MBS/CMO499,905 (48,520)269,902 (47,657)769,807 (96,177)
US Gov’t Sponsored Entities & Agencies198,294 (24,535)6,653 (843)204,947 (25,378)
Total$1,395,678 $(215,350)$291,271 $(53,278)$1,686,949 $(268,628)

 Less than 12 Months12 Months or MoreTotal
December 31, 2021Fair
Value
Unrealized
Loss
Fair
Value
Unrealized
Loss
Fair
Value
Unrealized
Loss
Obligations of State and Political Subdivisions$165,210 $(1,386)$1,500 $(94)$166,710 $(1,480)
MBS/CMO467,888 (9,100)36,827 (1,381)504,715 (10,481)
US Gov’t Sponsored Entities & Agencies126,103 (3,480)7,288 (208)133,391 (3,688)
Total$759,201 $(13,966)$45,615 $(1,683)$804,816 $(15,649)