Securities (Tables)

3 Months Ended

Mar. 31, 2016

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, 2016 and December 31, 2015, were as follows:

Securities Available-for-Sale:	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Fair Value
March 31, 2016
U.S. Treasury and Agency Securities	$	11,001	$	8	$	—		$	11,009
Obligations of State and Political Subdivisions	227,294		9,295		(306		)	236,283
Mortgage-backed Securities - Residential	464,714		4,606		(1,354		)	467,966
Equity Securities	353		—		—			353
Total	$	703,362	$	13,909	$	(1,660	)	$	715,611
December 31, 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

Schedule of Securities Held-to-Maturity

The carrying amount, unrecognized gains and losses and fair value of Securities Held-to-Maturity at March 31, 2016 and December 31, 2015, were as follows:

Securities Held-to-Maturity:	Carrying Amount		Gross Unrecognized Gains		Gross Unrecognized Losses		Fair Value
March 31, 2016
Obligations of State and Political Subdivisions	$	—	$	—	$	—	$	—
December 31, 2015
Obligations of State and Political Subdivisions	$	95	$	—	$	—	$	95

Schedule of Securities by Contractual Maturity

The amortized cost and fair value of securities at March 31, 2016 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 in the table below.

Securities Available-for-Sale:	Amortized Cost		Fair Value
Due in one year or less	$	5,790	$	5,840
Due after one year through five years	22,502		23,022
Due after five years through ten years	72,541		76,500
Due after ten years	137,462		141,930
Mortgage-backed Securities - Residential	464,714		467,966
Equity Securities	353		353
Total	$	703,362	$	715,611

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, 2016		March 31, 2015
Proceeds from Sales	$	62,975	$	9,808
Gross Gains on Sales	—		463
Income Taxes on Gross Gains	—		162

Schedule of Securities with Unrealized Losses

Below is a summary of securities with unrealized losses as of March 31, 2016 and December 31, 2015, 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, 2016	Fair Value		Unrealized Loss			Fair Value		Unrealized Loss			Fair Value		Unrealized Loss
U.S. Treasury and Agency Securities	$	—	$	—		$	—	$	—		$	—	$	—
Obligations of State and Political Subdivisions	33,380		(299		)	417		(7		)	33,797		(306		)
Mortgage-backed Securities - Residential	57,048		(182		)	80,937		(1,172		)	137,985		(1,354		)
Equity Securities	—		—			—		—			—		—
Total	$	90,428	$	(481	)	$	81,354	$	(1,179	)	$	171,782	$	(1,660	)

	Less than 12 Months					12 Months or More					Total
December 31, 2015	Fair Value		Unrealized Loss			Fair Value		Unrealized Loss			Fair Value		Unrealized Loss
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	)