Securities (Tables)

3 Months Ended

Mar. 31, 2015

Schedule of Investments [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, 2015 and December 31, 2014, were as follows:

Securities Available-for-Sale:	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Fair Value
March 31, 2015
U.S. Treasury and Agency Securities	$	20,000	$	—	$	(80	)	$	19,920
Obligations of State and Political Subdivisions	151,288		7,546		(34		)	158,800
Mortgage-backed Securities - Residential	437,920		5,015		(2,430		)	440,505
Equity Securities	353		—		—			353
Total	$	609,561	$	12,561	$	(2,544	)	$	619,578
December 31, 2014
U.S. Treasury and Agency Securities	$	20,000	$	—	$	(439	)	$	19,561
Obligations of State and Political Subdivisions	147,321		6,515		(59		)	153,777
Mortgage-backed Securities - Residential	458,709		3,615		(5,020		)	457,304
Equity Securities	353		—		—			353
Total	$	626,383	$	10,130	$	(5,518	)	$	630,995

Schedule of Securities Held-to-Maturity

The carrying amount, unrecognized gains and losses and fair value of Securities Held-to-Maturity at March 31, 2015 and December 31, 2014, were as follows:

Securities Held-to-Maturity:	Carrying Amount		Gross Unrecognized Gains		Gross Unrecognized Losses		Fair Value
March 31, 2015
Obligations of State and Political Subdivisions	$	95	$	—	$	—	$	95
December 31, 2014
Obligations of State and Political Subdivisions	$	184	$	2	$	—	$	186

Schedule of Securities by Contractual Maturity

The amortized cost and fair value of Securities at March 31, 2015 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.

Securities Available-for-Sale:	Amortized Cost		Fair Value
Due in one year or less	$	4,692	$	4,740
Due after one year through five years	16,972		17,096
Due after five years through ten years	74,720		78,267
Due after ten years	74,904		78,617
Mortgage-backed Securities - Residential	437,920		440,505
Equity Securities	353		353
Total	$	609,561	$	619,578

Securities Held-to-Maturity:	Carrying Amount		Fair Value
Due in one year or less	$	—	$	—
Due after one year through five years	95		95
Due after five years through ten years	—		—
Due after ten years	—		—
Total	$	95	$	95

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, 2015		March 31, 2014
Proceeds from Sales	$	9,808	$	254
Gross Gains on Sales	463		228
Income Taxes on Gross Gains	162		80

Schedule of Securities with Unrealized Losses

Below is a summary of securities with unrealized losses as of March 31, 2015 and December 31, 2014, 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, 2015	Fair Value		Unrealized Loss			Fair Value		Unrealized Loss			Fair Value		Unrealized Loss
U.S. Treasury and Agency Securities	$	—	$	—		$	19,920	$	(80	)	$	19,920	$	(80	)
Obligations of State and Political Subdivisions	3,392		(31		)	357		(3		)	3,749		(34		)
Mortgage-backed Securities - Residential	39,548		(98		)	156,304		(2,332		)	195,852		(2,430		)
Equity Securities	—		—			—		—			—		—
Total	$	42,940	$	(129	)	$	176,581	$	(2,415	)	$	219,521	$	(2,544	)

	Less than 12 Months					12 Months or More					Total
December 31, 2014	Fair Value		Unrealized Loss			Fair Value		Unrealized Loss			Fair Value		Unrealized Loss
U.S. Treasury and Agency Securities	$	—	$	—		$	19,561	$	(439	)	$	19,561	$	(439	)
Obligations of State and Political Subdivisions	3,765		(25		)	4,298		(34		)	8,063		(59		)
Mortgage-backed Securities - Residential	26,606		(191		)	209,679		(4,829		)	236,285		(5,020		)
Equity Securities	—		—			—		—			—		—
Total	$	30,371	$	(216	)	$	233,538	$	(5,302	)	$	263,909	$	(5,518	)