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Securities (Tables)
 3 Months Ended
Mar. 31, 2019
Investments, Debt and Equity Securities [Abstract]  
Securities Available for Sale
Securities available for sale at March 31, 2019 and December 31, 2018 are as follows:
 
March 31, 2019
 
December 31, 2018
 
Amortized
 
Unrealized
 
Fair
 
Amortized
 
Unrealized
 
Fair
 
Cost
 
Gains
 
Losses
 
Value
 
Cost
 
Gains
 
Losses
 
Value
U.S. Gov’t sponsored entities
$
129,993

 
$
1,127

 
$
(745
)
 
$
130,375

 
$
134,010

 
$
254

 
$
(1,570
)
 
$
132,694

State & political subdivisions
118,673

 
2,595

 
(178
)
 
121,090

 
134,662

 
1,942

 
(573
)
 
136,031

Residential & multi-family mortgage
207,588

 
1,711

 
(1,808
)
 
207,491

 
209,126

 
500

 
(3,573
)
 
206,053

Corporate notes & bonds
12,354

 
26

 
(476
)
 
11,904

 
12,356

 
22

 
(601
)
 
11,777

Pooled SBA
29,186

 
196

 
(581
)
 
28,801

 
30,163

 
135

 
(924
)
 
29,374

Other
1,020

 
0

 
(73
)
 
947

 
1,020

 
0

 
(86
)
 
934

Total
$
498,814

 
$
5,655

 
$
(3,861
)
 
$
500,608

 
$
521,337

 
$
2,853

 
$
(7,327
)
 
$
516,863
Trading Securities
Trading securities at March 31, 2019 and December 31, 2018 are as follows:
 
March 31, 2019
 
December 31, 2018
Corporate equity securities
$
6,947

 
$
5,828

Mutual funds
871

 
1,058

Certificates of deposit
179

 
268

Corporate notes and bonds
594

 
581

U.S. Government sponsored entities
51

 
51

Total
$
8,642

 
$
7,786
Securities with Unrealized Losses Aggregated by Investment Category and Length of Time that Individual Securities have been in Continuous Unrealized Loss Position
Securities with unrealized losses at March 31, 2019 and December 31, 2018, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position, are as follows:
March 31, 2019
 
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
$
4,963

 
$
(2
)
 
$
69,440

 
$
(743
)
 
$
74,403

 
$
(745
)
State & political subdivisions
994

 
(13
)
 
10,389

 
(165
)
 
11,383

 
(178
)
Residential & multi-family mortgage
3,186

 
(10
)
 
87,606

 
(1,798
)
 
90,792

 
(1,808
)
Corporate notes & bonds
0

 
0

 
9,528

 
(476
)
 
9,528

 
(476
)
Pooled SBA
0

 
0

 
19,035

 
(581
)
 
19,035

 
(581
)
Other
0

 
0

 
947

 
(73
)
 
947

 
(73
)
 
$
9,143

 
$
(25
)
 
$
196,945

 
$
(3,836
)
 
$
206,088

 
$
(3,861
)
December 31, 2018
 
Less than 12 Months
 
12 Months or More
 
Total
 
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
)
 
$
86,462

 
$
(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
)
 
$
309,925

 
$
(7,327
)
Information Pertaining to Security Sales
Information pertaining to security sales on available for sale securities is as follows:
 
Proceeds
 
Gross
Gains
 
Gross
Losses
Three months ended March 31, 2019
$
11,403

 
$
152

 
$
4

Three months ended March 31, 2018
$
0

 
$
0

 
$
0
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 equity securities, at March 31, 2019:
 
Amortized
Cost
 
Fair
Value
1 year or less
$
58,770

 
$
58,412

1 year – 5 years
131,226

 
131,749

5 years – 10 years
65,503

 
67,547

After 10 years
5,521

 
5,661

 
261,020

 
263,369

Residential and multi-family mortgage
207,588

 
207,491

Pooled SBA
29,186

 
28,801

Other
1,020

 
947

Total debt securities
$
498,814

 
$
500,608