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Investments (Tables)
12 Months Ended
Dec. 31, 2018
Investments [Abstract]  
Aggregate Carrying And Approximate Market Values Of Available-For-Sale Securities
 
December 31, 2018
December 31, 2017
 
Amortized Cost
Gross Unrealized Gains
Gross Unrealized Losses
Estimated Fair Value
Amortized Cost
Gross Unrealized Gains
Gross Unrealized Losses
Estimated Fair Value
Securities available-for-sale:
 
 
 
 
 
 
 
 
U.S. Treasuries and U.S.
 
 
 
 
 
 
 
 
     government agencies
$
5,713

$
20

$

$
5,733

$
2

$

$

$
2

Obligations of states and
 
 
 
 
 
 
 
 
     political subdivisions
128,089

1,033

1,052

128,070

94,552

2,051

407

96,196

Mortgage-backed securities:
 
 
 
 
 
 
 
 
     U.S. government agencies
561,799

1,950

12,991

550,758

425,559

1,093

7,305

419,347

     Private label
11,948

95


12,043

649

3


652

Trust preferred securities
4,774

25


4,799

4,764

26

54

4,736

Corporate securities
16,795

30

167

16,658

21,916

475

123

22,268

     Total Debt Securities
729,118

3,153

14,210

718,061

547,442

3,648

7,889

543,201

Marketable equity  securities




2,136

3,563


5,699

Certificates of deposit held for investment
3,735



3,735





Investment funds
1,525


67

1,458

1,525


36

1,489

Total Securities
 
 
 
 
 
 
 
 
   Available-for-Sale
$
734,378

$
3,153

$
14,277

$
723,254

$
551,103

$
7,211

$
7,925

$
550,389

Aggregate Carrying And Approximate Market Values Of Held-To-Maturity Securities
Securities held-to-maturity:
 
 
 
 
 
 
 
 
  U.S. government agencies
$
56,827

$
173

$
294

$
56,706

$
60,449

$
1,222

$
25

$
61,646

Trust preferred securities
4,000



4,000

4,000



4,000

Total Securities
 
 
 
 
 
 
 
 
   Held-to-Maturity
$
60,827

$
173

$
294

$
60,706

$
64,449

$
1,222

$
25

$
65,646

 
 
 
 
 
 
 
 
 
Other investment securities:
 
 
 
 
 
 
 
 
Marketable equity  securities
$
10,313

$

$

$
10,313

$

$

$

$

Non-marketable equity securities
$
18,497

$

$

$
18,497

$
14,147

$

$

$
14,147

Total Other Investment
 
 
 
 
 
 


 
   Securities
$
28,810

$

$

$
28,810

$
14,147

$

$

$
14,147

Gross Unrealized Losses And Fair Value Of Investments
The following table shows the gross unrealized losses and fair value of the Company’s investments aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position (in thousands):
  
 
December 31, 2018
 
Less Than Twelve Months
Twelve Months or Greater
Total
 
Estimated Fair Value
Unrealized Loss
Estimated Fair Value
Unrealized Loss
Estimated Fair Value
Unrealized Loss
Securities available-for-sale:
 
 
 
 
 
 
Obligations of states and political subdivisions
$
11,837

$
272

$
22,068

$
780

$
33,905

$
1,052

Mortgage-backed securities:
 
 
 
 
 
 
     U.S. Government agencies
84,975

1,593

282,560

11,398

367,535

12,991

Corporate securities
12,995

167



12,995

167

Investment funds
1,500

67



1,500

67

Total available-for-sale
$
111,307

$
2,099

$
304,628

$
12,178

$
415,935

$
14,277

 
 
 
 
 
 
 
Securities held-to-maturity:
 
 
 
 
 
 
Mortgage-backed securities:
 
 
 
 
 
 
     U.S. Government agencies
$
28,274

$
126

$
5,960

$
168

$
34,234

$
294

Total held-to-maturity
$
28,274

$
126

$
5,960

$
168

$
34,234

$
294



 
December 31, 2017
 
Less Than Twelve Months
Twelve Months or Greater
Total
 
Estimated Fair Value
Unrealized Loss
Estimated Fair Value
Unrealized Loss
Estimated Fair Value
Unrealized Loss
Securities available-for-sale:
 
 
 
 
 
 
Obligations of states and political subdivisions
$
4,913

$
28

$
19,440

$
379

$
24,353

$
407

Mortgage-backed securities:
 
 
 
 
 
 
     U.S. Government agencies
172,807

1,887

140,226

5,418

313,033

7,305

Trust preferred securities
4,475

54



4,475

54

Corporate securities
3,357

49

2,350

74

5,707

123

Investment funds
1,500

36



1,500

36

Total available-for-sale
$
187,052

$
2,054

$
162,016

$
5,871

$
349,068

$
7,925

 
 
 
 
 
 
 
Securities held-to-maturity:
 
 
 
 
 
 
Mortgage-backed securities:
 
 
 
 
 
 
     U.S. Government agencies
$
7,182

$
25

$

$

$
7,182

$
25

Total held-to-maturity
$
7,182

$
25

$

$

$
7,182

$
25

Amortized Cost And Estimated Fair Value Of Debt Securities By Contractual Maturity
The amortized cost and estimated fair value of debt securities at December 31, 2018, by contractual maturity, are shown in the following table (in thousands).  Expected maturities will differ from contractual maturities because the issuers of the securities may have the right to prepay obligations without prepayment penalties.  Mortgage-backed securities have been allocated to their respective maturity groupings based on their contractual maturity.

 
Cost
Estimated Fair Value
Securities Available-for-Sale
 
 
Due in one year or less
$
5,592

$
5,572

Due after one year through five years
24,793

24,879

Due after five years through ten years
132,761

130,569

Due after ten years
565,972

557,041

 
$
729,118

$
718,061

Securities Held-to-Maturity
 
 
Due in one year or less
$

$

Due after one year through five years


Due after five years through ten years
4,927

5,053

Due after ten years
55,900

55,653

 
$
60,827

$
60,706

Gross Gains And Losses Realized
Gross gains and gross losses realized by the Company from investment security transactions are summarized in the table below (in thousands): 
 
For the year ended December 31,
 
2018
2017
2016
 
 
 
 
Gross unrealized gains recognized on securities still held
$
208



Gross unrealized losses recognized on securities still held
(298
)


Net unrealized (losses) gains recognized on securities still held
$
(90
)
$

$

 
 
 
 
Gross realized gains

$
4,476

$
3,978

Gross realized losses


(465
)
Net realized investment security gains
$

$
4,476

$
3,513