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Investments (Tables)
3 Months Ended
Mar. 31, 2019
Investments [Abstract]  
Aggregate Carrying And Approximate Market Values Of Available-For-Sale Securities

 
March 31, 2019
December 31, 2018
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
$
2,277

$
23

$

$
2,300

$
5,713

$
20

$

$
5,733

Obligations of states and
 
 
 
 

 

 

 

 

political subdivisions
123,293

2,632

285

125,640

128,089

1,033

1,052

128,070

Mortgage-backed securities:
 
 
 
 

 

 

 

 

U.S. government agencies
590,773

4,871

6,946

588,698

561,799

1,950

12,991

550,758

Private label
11,787

328


12,115

11,948

95


12,043

Trust preferred securities
4,776

31

569

4,238

4,774

25


4,799

Corporate securities
16,787

93

1

16,879

16,795

30

167

16,658

Total Debt Securities
749,693

7,978

7,801

749,870

729,118

3,153

14,210

718,061

Certificates of deposit held for investment
3,735



3,735

3,735



3,735

Investment funds
1,526


50

1,476

1,525


67

1,458

   Total Securities
 

 

 

 

 

 

 

 

Available-for-Sale
$
754,954

$
7,978

$
7,851

$
755,081

$
734,378

$
3,153

$
14,277

$
723,254

Aggregate Carrying And Approximate Market Values Of Held-To-Maturity Securities
Securities held-to-maturity:
 
 
 
 
 
 
 
 
Mortgage-backed securities:
 
 
 
 
 
 
 
 
U.S. government agencies
$
55,326

$
858

$
99

$
56,085

$
56,827

$
173

$
294

$
56,706

Trust preferred securities




4,000



4,000

Total Securities
 

 

 

 

 

 

 

 

Held-to-Maturity
$
55,326

$
858

$
99

$
56,085

$
60,827

$
173

$
294

$
60,706

Gross Unrealized Losses And Fair Value Of Investments

 
March 31, 2019
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
$
832

$
3

$
20,922

$
282

$
21,754

$
285

Mortgage-backed securities:
 
 
 
 
 

 

U.S. Government agencies
5,654

2

343,082

6,944

348,736

6,946

Trust preferred securities
3,972

569



3,972

569

Corporate securities
1,020

1



1,020

1

Investment funds
1,500

50



1,500

50

Total available-for-sale
$
12,978

$
625

$
364,004

$
7,226

$
376,982

$
7,851

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

$

$
5,896

$
99

$
5,896

$
99

Total held-to-maturity
$

$

$
5,896

$
99

$
5,896

$
99



 
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

Amortized Cost And Estimated Fair Value Of Debt Securities By Contractual Maturity
The amortized cost and estimated fair value of debt securities at March 31, 2019, 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.
 
Amortized Cost
Estimated Fair Value
Available-for-Sale Debt Securities
 
 
Due in one year or less
$
3,238

$
3,241

Due after one year through five years
18,566

18,776

Due after five years through ten years
156,128

156,585

Due after ten years
571,761

571,268

Total
$
749,693

$
749,870

 
 
 
Held-to-Maturity Debt Securities
 

 

Due in one year or less
$

$

Due after one year through five years


Due after five years through ten years
4,929

5,230

Due after ten years
50,397

50,855

Total
$
55,326

$
56,085

Gross Gains And Losses Realized
 
Three months ended March 31,
 
2019
2018
Gross unrealized gains recognized on securities still held
$
143

$
283

Gross unrealized losses recognized on securities still held
(68
)
(3
)
Net unrealized gains (losses) recognized on securities still held
$
75

$
280

 
 
 
Gross realized gains on securities sold
$
89

$

Gross realized losses on securities sold
(1
)

Net investment security gains
$
88

$