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Securities (Tables)
12 Months Ended
Dec. 31, 2018
Investments, Debt and Equity Securities [Abstract]  
Securities Available for Sale
Securities available-for-sale at December 31, 2018 and 2017 are as follows: 
 
December 31, 2018
 
December 31, 2017
 
Amortized
 
Unrealized
 
Fair
 
Amortized
 
Unrealized
 
Fair
 
Cost
 
Gains
 
Losses
 
Value
Cost
Gains
 
Losses
 
Value
U.S. Gov’t sponsored entities
$
134,010

 
$
254

 
$
(1,570
)
 
$
132,694

 
$
108,578

 
$
478

 
$
(908
)
 
$
108,148

State & political subdivisions
134,662

 
1,942

 
(573
)
 
136,031

 
134,428

 
3,609

 
(314
)
 
137,723

Residential & multi-family mortgage
209,126

 
500

 
(3,573
)
 
206,053

 
111,214

 
304

 
(1,882
)
 
109,636

Corporate notes & bonds
12,356

 
22

 
(601
)
 
11,777

 
17,610

 
52

 
(462
)
 
17,200

Pooled SBA
30,163

 
135

 
(924
)
 
29,374

 
36,260

 
355

 
(575
)
 
36,040

Other
1,020

 
0

 
(86
)
 
934

 
1,020

 
0

 
(58
)
 
962

Total
$
521,337

 
$
2,853

 
$
(7,327
)
 
$
516,863

 
$
409,110

 
$
4,798

 
$
(4,199
)
 
$
409,709

Information pertaining to security sales is as follows:
Year ended December 31
Proceeds
 
Gross Gains
 
Gross Losses
2018
$
0

 
$
0

 
$
0

2017
16,340

 
1,614

 
71

2016
4,420

 
1,005

 
0

Trading Securities
Trading securities at December 31, 2018 and 2017 are as follows:
 
2018
 
2017
Corporate equity securities
$
5,828

 
$
5,125

Mutual Funds
1,058

 
1,499

Certificates of deposit
268

 
220

Corporate notes and bonds
581

 
254

U.S. Government sponsored entities
51

 
52

Total
$
7,786

 
$
7,150

Securities with Unrealized Loss Position
Securities with unrealized losses at December 31, 2018 and 2017, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position, are as follows:
December 31, 2018
Less than 12 Months
 
12 Months or More
 
Total
Description of Securities
Fair
Value
 
Unrealized
Loss
 
Fair
Value
 
Unrealized
Loss
 
Fair
Value
 
Unrealized
Loss
U.S. Gov’t sponsored entities
$
14,786

 
$
(41
)
 
$
70,676

 
$
(1,529
)
 
$
85,462

 
$
(1,570
)
State & political subdivisions
13,834

 
(62
)
 
21,080

 
(511
)
 
34,914

 
(573
)
Residential & multi-family mortgage
69,015

 
(656
)
 
87,286

 
(2,917
)
 
156,301

 
(3,573
)
Corporate notes & bonds
0

 
0

 
9,759

 
(601
)
 
9,759

 
(601
)
Pooled SBA
760

 
(7
)
 
20,795

 
(917
)
 
21,555

 
(924
)
Other
0

 
0

 
934

 
(86
)
 
934

 
(86
)
 
$
98,395

 
$
(766
)
 
$
210,530

 
$
(6,561
)
 
$
308,925

 
$
(7,327
)
December 31, 2017
Less than 12 Months
 
12 Months or More
 
Total
Description of Securities
Fair
Value
 
Unrealized
Loss
 
Fair
Value
 
Unrealized
Loss
 
Fair
Value
 
Unrealized
Loss
U.S. Gov’t sponsored entities
55,696

 
(540
)
 
34,754

 
(368
)
 
90,450

 
(908
)
State & political subdivisions
15,890

 
(69
)
 
4,104

 
(245
)
 
19,994

 
(314
)
Residential and multi-family mortgage
30,144

 
(153
)
 
63,699

 
(1,729
)
 
93,843

 
(1,882
)
Corporate notes & bonds
5,005

 
(9
)
 
9,042

 
(453
)
 
14,047

 
(462
)
Pooled SBA
0

 
0

 
22,270

 
(575
)
 
22,270

 
(575
)
Other
0

 
0

 
962

 
(58
)
 
962

 
(58
)
 
106,735

 
(771
)
 
134,831

 
(3,428
)
 
241,566

 
(4,199
)
Roll-Forward of Other-Than-Temporary Impairment Amount Related to Credit Losses
A roll-forward of the other-than-temporary impairment amount related to credit losses for the years ended December 31, 2018, 2017, and 2016 is as follows:
 
2018
 
2017
 
2016
Balance of credit losses on debt securities for which a portion of other-than-temporary impairment was recognized in earnings, beginning of period
$
0

 
$
2,071

 
$
4,054

Credit losses previously recognized on securities sold during the period
0

 
(2,071
)
 
(1,983
)
Additional credit loss for which other-than-temporary impairment was not previously recognized
0

 
0

 
0

Additional credit loss for which other-than-temporary impairment was previously recognized
0

 
0

 
0

Balance of credit losses on debt securities for which a portion of other-than-temporary impairment was recognized in earnings, end of period
$
0

 
$
0

 
$
2,071

Schedule of Contractual Maturity of Securities Available for Sale, Excluding Equity Securities
The following is a schedule of the contractual maturity of securities available for sale, excluding other securities, at December 31, 2018:
 
December 31, 2018
 
Amortized Cost
 
Fair Value
1 year or less
$
58,509

 
$
58,003

1 year – 5 years
146,605

 
146,111

5 years – 10 years
70,984

 
71,451

After 10 years
4,930

 
4,937

 
281,028

 
280,502

Residential and multi-family mortgage
209,126

 
206,053

Pooled SBA
30,163

 
29,374

Other
1,020

 
934

Total debt securities
$
521,337

 
$
516,863