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Securities (Tables)
12 Months Ended
Dec. 31, 2015
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 were as follows:
Securities Available-for-Sale:
 
Amortized Cost
 
Gross Unrealized Gains
 
Gross Unrealized Losses
 
Fair Value
2015
 
 

 
 

 
 

 
 

U.S. Treasury and Agency Securities
 
$
10,000

 
$

 
$
(102
)
 
$
9,898

Obligations of State and Political Subdivisions
 
195,360

 
8,286

 
(18
)
 
203,628

Mortgage-backed Securities – Residential
 
426,087

 
2,114

 
(4,240
)
 
423,961

Equity Securities
 
353

 

 

 
353

Total
 
$
631,800

 
$
10,400

 
$
(4,360
)
 
$
637,840

 
 
 
 
 
 
 
 
 
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 were as follows:
 
Securities Held-to-Maturity:
 
Carrying Amount
 
Gross Unrecognized Gains
 
Gross Unrecognized Losses
 
Fair Value
2015
 
 

 
 

 
 

 
 

Obligations of State and Political Subdivisions
 
$
95

 
$

 
$

 
$
95

 
 
 
 
 
 
 
 
 
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 December 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. 
 
 
Amortized
Cost
 
Fair
Value
Securities Available-for-Sale:
 
 

 
 

Due in one year or less
 
$
5,503

 
$
5,573

Due after one year through five years
 
19,451

 
19,670

Due after five years through ten years
 
71,844

 
75,581

Due after ten years
 
108,562

 
112,702

Mortgage-backed Securities - Residential
 
426,087

 
423,961

Equity Securities
 
353

 
353

Total
 
$
631,800

 
$
637,840


 
 
Carrying
Amount
 
Fair
Value
Securities Held-to-Maturity:
 
 

 
 

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: 
 
 
2015
 
2014
 
2013
 
 
Available-
for-Sale
 
Available-
for-Sale
 
Available-
for-Sale
 
 
 
 
 
 
 
Proceeds from Sales
 
$
18,999

 
$
60,164

 
$
162,344

Gross Gains on Sales
 
725

 
1,481

 
2,086

 
 
 
 
 
 
 
Income Taxes on Gross Gains
 
254

 
518

 
730

Schedule of Securities with Unrealized Losses
Below is a summary of securities with unrealized losses as of year-end 2015 and 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
 
 
Fair
Value
 
Unrealized
Loss
 
Fair
Value
 
Unrealized
Loss
 
Fair
Value
 
Unrealized
Loss
At December 31, 2015
 
 

 
 

 
 

 
 

 
 

 
 

U.S. Treasury and Agency Securities
 
$

 
$

 
$
9,898

 
$
(102
)
 
$
9,898

 
$
(102
)
Obligations of State and Political Subdivisions
 
1,891

 
(15
)
 
356

 
(3
)
 
2,247

 
(18
)
Mortgage-backed Securities - Residential
 
150,427

 
(1,173
)
 
129,040

 
(3,067
)
 
279,467

 
(4,240
)
Equity Securities
 

 

 

 

 

 

Total
 
$
152,318

 
$
(1,188
)
 
$
139,294

 
$
(3,172
)
 
$
291,612

 
$
(4,360
)

 
 
Less than 12 Months
 
12 Months or More
 
Total
 
 
Fair
Value
 
Unrealized
Loss
 
Fair
Value
 
Unrealized
Loss
 
Fair
Value
 
Unrealized
Loss
At December 31, 2014
 
 

 
 

 
 

 
 

 
 

 
 

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
)