Securities (Tables)

6 Months Ended

Jun. 30, 2015

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 June 30, 2015 and December 31, 2014, were as follows:

Securities Available-for-Sale:	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Fair Value
June 30, 2015
U.S. Treasury and Agency Securities	$	10,000	$	—	$	(110	)	$	9,890
Obligations of State and Political Subdivisions	178,386		4,812		(1,110		)	182,088
Mortgage-backed Securities - Residential	429,257		2,174		(4,966		)	426,465
Equity Securities	353		—		—			353
Total	$	617,996	$	6,986	$	(6,186	)	$	618,796
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 June 30, 2015 and December 31, 2014, were as follows:

Securities Held-to-Maturity:	Carrying Amount		Gross Unrecognized Gains		Gross Unrecognized Losses		Fair Value
June 30, 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 June 30, 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	$	6,173	$	6,270
Due after one year through five years	18,574		18,694
Due after five years through ten years	65,573		68,131
Due after ten years	98,066		98,883
Mortgage-backed Securities - Residential	429,257		426,465
Equity Securities	353		353
Total	$	617,996	$	618,796

Securities Held-to-Maturity:	Carrying Amount		Fair Value
Due in one year or less	$	95	$	95
Due after one year through five years	—		—
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
	June 30, 2015		June 30, 2014
Proceeds from Sales	$	9,191	$	6,983
Gross Gains on Sales	262		244
Income Taxes on Gross Gains	92		85

	Six Months Ended		Six Months Ended
	June 30, 2015		June 30, 2014
Proceeds from Sales	$	18,999	$	7,237
Gross Gains on Sales	725		472
Income Taxes on Gross Gains	254		165

Schedule of Securities with Unrealized Losses

Below is a summary of securities with unrealized losses as of June 30, 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
June 30, 2015	Fair Value		Unrealized Loss			Fair Value		Unrealized Loss			Fair Value		Unrealized Loss
U.S. Treasury and Agency Securities	$	—	$	—		$	9,890	$	(110	)	$	9,890	$	(110	)
Obligations of State and Political Subdivisions	55,209		(1,102		)	351		(8		)	55,560		(1,110		)
Mortgage-backed Securities - Residential	122,094		(1,134		)	144,206		(3,832		)	266,300		(4,966		)
Equity Securities	—		—			—		—			—		—
Total	$	177,303	$	(2,236	)	$	154,447	$	(3,950	)	$	331,750	$	(6,186	)

	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	)