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Securities (Tables)
 12 Months Ended
Dec. 31, 2019
Investments, Debt and Equity Securities [Abstract]  
Securities Available for Sale

Securities available-for-sale at December 31, 2019 and 2018 are as follows: 
 
December 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
$
124,189

 
$
2,924

 
$
(19
)
 
$
127,094

 
$
134,010

 
$
254

 
$
(1,570
)
 
$
132,694

State & political subdivisions
101,177

 
3,288

 
(102
)
 
104,363

 
134,662

 
1,942

 
(573
)
 
136,031

Residential & multi-family mortgage
273,404

 
4,117

 
(885
)
 
276,636

 
209,126

 
500

 
(3,573
)
 
206,053

Corporate notes & bonds
8,350

 
14

 
(282
)
 
8,082

 
12,356

 
22

 
(601
)
 
11,777

Pooled SBA
25,063

 
274

 
(163
)
 
25,174

 
30,163

 
135

 
(924
)
 
29,374

Other
1,020

 
0

 
(56
)
 
964

 
1,020

 
0

 
(86
)
 
934

Total
$
533,203

 
$
10,617

 
$
(1,507
)
 
$
542,313

 
$
521,337

 
$
2,853

 
$
(7,327
)
 
$
516,863


Information pertaining to security sales is as follows:
Year ended December 31
Proceeds
 
Gross Gains
 
Gross Losses
2019
$
11,403

 
$
152

 
$
4

2018
0

 
0

 
0

2017
16,340

 
1,614

 
71
Trading Securities

Trading securities at December 31, 2019 and 2018 are as follows:
 
2019
 
2018
Corporate equity securities
$
7,946

 
$
5,828

Mutual Funds
807

 
1,058

Certificates of deposit
350

 
268

Corporate notes and bonds
655

 
581

U.S. Government sponsored entities
51

 
51

Total
$
9,809

 
$
7,786
Securities with Unrealized Loss Position
Securities with unrealized losses at December 31, 2019 and 2018, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position, are as follows:
December 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
$
7,040

 
$
(3
)
 
$
14,989

 
$
(16
)
 
$
22,029

 
$
(19
)
State & political subdivisions
826

 
(5
)
 
684

 
(97
)
 
1,510

 
(102
)
Residential & multi-family mortgage
41,841

 
(346
)
 
32,555

 
(539
)
 
74,396

 
(885
)
Corporate notes & bonds
0

 
0

 
4,718

 
(282
)
 
4,718

 
(282
)
Pooled SBA
8,560

 
(80
)
 
6,075

 
(83
)
 
14,635

 
(163
)
Other
0

 
0

 
964

 
(56
)
 
964

 
(56
)
 
$
58,267

 
$
(434
)
 
$
59,985

 
$
(1,073
)
 
$
118,252

 
$
(1,507
)
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 and 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
)
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, 2019, 2018, and 2017 is as follows:
 
2019
 
2018
 
2017
Balance of credit losses on debt securities for which a portion of other-than-temporary impairment was recognized in earnings, beginning of period
$
0

 
$
0

 
$
2,071

Credit losses previously recognized on securities sold during the period
0

 
0

 
(2,071
)
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

 
$
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 other securities, at December 31, 2019:
 
December 31, 2019
 
Amortized Cost
 
Fair Value
1 year or less
$
59,815

 
$
59,831

1 year – 5 years
104,134

 
106,084

5 years – 10 years
66,534

 
70,191

After 10 years
4,253

 
4,397

 
234,736

 
240,503

Residential and multi-family mortgage
273,404

 
276,636

Pooled SBA
25,063

 
25,174

Total debt securities
$
533,203

 
$
542,313