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Securities (Tables)
6 Months Ended
Jun. 30, 2020
Investments, Debt and Equity Securities [Abstract]  
Securities Available for Sale
Securities available for sale at June 30, 2020 and December 31, 2019 are as follows:
 June 30, 2020December 31, 2019
 AmortizedUnrealizedFairAmortizedUnrealizedFair
 CostGainsLossesValueCostGainsLossesValue
U.S. Gov’t sponsored entities$139,125  $7,521  $(27) $146,619  $124,189  $2,924  $(19) $127,094  
State & political subdivisions61,339  3,035  (183) 64,191  101,177  3,288  (102) 104,363  
Residential & multi-family mortgage293,605  11,804  (638) 304,771  273,404  4,117  (885) 276,636  
Corporate notes & bonds9,850  13  (691) 9,172  8,350  14  (282) 8,082  
Pooled SBA22,397  961   23,358  25,063  274  (163) 25,174  
Other1,020   (37) 983  1,020   (56) 964  
Total$527,336  $23,334  $(1,576) $549,094  $533,203  $10,617  $(1,507) $542,313  
Trading Securities
Trading securities at June 30, 2020 and December 31, 2019 are as follows:
June 30, 2020December 31, 2019
Corporate equity securities$3,847  $7,946  
Mutual funds994  807  
Certificates of deposit322  350  
Corporate notes and bonds675  655  
U.S. Government sponsored entities51  51  
Total$5,889  $9,809  
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 June 30, 2020 and December 31, 2019, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position, are as follows:
June 30, 2020
 Less than 12 Months12 Months or MoreTotal
Description of SecuritiesFair
Value
Unrealized
Loss
Fair
Value
Unrealized
Loss
Fair
Value
Unrealized
Loss
U.S. Gov’t sponsored entities$9,973  $(27) $ $ $9,973  $(27) 
State & political subdivisions492  (10) 677  (173) 1,169  (183) 
Residential & multi-family mortgage12,824  (53) 4,444  (585) 17,268  (638) 
Corporate notes & bonds  4,313  (691) 4,313  (691) 
Pooled SBA      
Other  983  (37) 983  (37) 
$23,289  $(90) $10,417  $(1,486) $33,706  $(1,576) 

December 31, 2019
 Less than 12 Months12 Months or MoreTotal
 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 subdivisions826  (5) 684  (97) 1,510  (102) 
Residential & multi-family mortgage41,841  (346) 32,555  (539) 74,396  (885) 
Corporate notes & bonds  4,718  (282) 4,718  (282) 
Pooled SBA8,560  (80) 6,075  (83) 14,635  (163) 
Other  964  (56) 964  (56) 
$58,267  $(434) $59,985  $(1,073) $118,252  $(1,507) 
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 at June 30, 2020:
Amortized
Cost
Fair
Value
1 year or less$53,898  $54,102  
1 year – 5 years85,070  89,212  
5 years – 10 years65,052  70,171  
After 10 years6,294  6,497  
210,314  219,982  
Residential & multi-family mortgage293,605  304,771  
Pooled SBA22,397  23,358  
Other1,020  983  
Total debt securities$527,336  $549,094  
Information Pertaining to Security Sales
Information pertaining to security sales on available for sale securities is as follows:
ProceedsGross
Gains
Gross
Losses
Three months ended June 30, 2020$57,185  $2,257  $67  
Three months ended June 30, 2019$ $ $ 
Six months ended June 30, 2020$57,185  $2,257  $67  
Six months ended June 30, 2019$11,403  $152  $