Securities (Tables)

9 Months Ended

Sep. 30, 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 September 30, 2016 and December 31, 2015, were as follows:

Securities Available-for-Sale:	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Fair Value
September 30, 2016
U.S. Treasury and Agency Securities	$	—	$	—	$	—		$	—
Obligations of State and Political Subdivisions	234,656		12,630		(76		)	247,210
Mortgage-backed Securities - Residential	479,047		6,802		(501		)	485,348
Equity Securities	353		—		—			353
Total	$	714,056	$	19,432	$	(577	)	$	732,911
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 September 30, 2016 and December 31, 2015, were as follows:

Securities Held-to-Maturity:	Carrying Amount		Gross Unrecognized Gains		Gross Unrecognized Losses		Fair Value
September 30, 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 September 30, 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	$	4,663	$	4,700
Due after one year through five years	16,432		17,282
Due after five years through ten years	71,210		75,651
Due after ten years	142,351		149,577
Mortgage-backed Securities - Residential	479,047		485,348
Equity Securities	353		353
Total	$	714,056	$	732,911

Schedule of Proceeds from the Sales of Securities

Proceeds from the Sales of Securities are summarized below:

	Three Months Ended		Three Months Ended
	September 30, 2016		September 30, 2015
Proceeds from Sales	$	36,112	$	—
Gross Gains on Sales	458		—
Income Taxes on Gross Gains	160		—

	Nine Months Ended		Nine Months Ended
	September 30, 2016		September 30, 2015
Proceeds from Sales	$	141,451	$	18,999
Gross Gains on Sales	1,426		725
Income Taxes on Gross Gains	499		254

Schedule of Securities with Unrealized Losses

Below is a summary of securities with unrealized losses as of September 30, 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
September 30, 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	6,627		(76		)	—		—			6,627		(76		)
Mortgage-backed Securities - Residential	9,634		(6		)	51,066		(495		)	60,700		(501		)
Equity Securities	—		—			—		—			—		—
Total	$	16,261	$	(82	)	$	51,066	$	(495	)	$	67,327	$	(577	)

	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	)