XML 37 R26.htm IDEA: XBRL DOCUMENT v3.10.0.1
Investment Securities (Tables)
9 Months Ended
Sep. 30, 2018
Investments [Abstract]  
Amortized Cost And Fair Value Of Investment Securities

 

 

 

Amortized

 

 

Unrealized

 

 

Unrealized

 

 

Fair

 

 

 

Cost

 

 

Gains

 

 

Losses

 

 

Value

 

September 30, 2018

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Securities available for sale:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

U.S. Government agency and government sponsored enterprises

 

$

157,786

 

 

 

 

 

$

5,977

 

 

$

151,809

 

Mortgage-backed securities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Federal National Mortgage Association

 

 

275,416

 

 

 

39

 

 

 

10,778

 

 

 

264,677

 

Federal Home Loan Mortgage Corporation

 

 

37,088

 

 

 

10

 

 

 

1,847

 

 

 

35,251

 

Government National Mortgage Association

 

 

5,650

 

 

 

21

 

 

 

126

 

 

 

5,545

 

Collateralized mortgage obligations:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

      Federal National Mortgage Association

 

 

139

 

 

 

 

 

 

 

 

 

139

 

      Federal Home Loan Mortgage Corporation

 

 

39

 

 

 

 

 

 

 

 

 

39

 

      Privately issued

 

 

 

 

 

850

 

 

 

 

 

 

850

 

      Total mortgage-backed securities

 

 

318,332

 

 

 

920

 

 

 

12,751

 

 

 

306,501

 

      Total available for sale securities

 

$

476,118

 

 

$

920

 

 

$

18,728

 

 

$

458,310

 

Securities held to maturity:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

State and political subdivisions

 

 

241,637

 

 

 

519

 

 

 

2,192

 

 

 

239,964

 

Mortgage-backed securities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Federal National Mortgage Association

 

 

12,032

 

 

 

 

 

 

467

 

 

 

11,565

 

Federal Home Loan Mortgage Corporation

 

 

4,616

 

 

 

 

 

 

272

 

 

 

4,344

 

Government National Mortgage Association

 

 

35,708

 

 

 

 

 

 

1,253

 

 

 

34,455

 

Collateralized mortgage obligations:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

      Federal National Mortgage Association

 

 

65,130

 

 

 

 

 

 

3,270

 

 

 

61,860

 

      Federal Home Loan Mortgage Corporation

 

 

81,676

 

 

 

 

 

 

4,103

 

 

 

77,573

 

      Government National Mortgage Association

 

 

18,824

 

 

 

 

 

 

867

 

 

 

17,957

 

      Total mortgage-backed securities

 

 

217,986

 

 

 

 

 

 

10,232

 

 

 

207,754

 

      Total held to maturity securities

 

$

459,623

 

 

$

519

 

 

$

12,424

 

 

$

447,718

 

December 31, 2017

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Securities available for sale:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

U.S. Government agency and government sponsored enterprises

 

$

163,025

 

 

$

122

 

 

$

1,258

 

 

$

161,889

 

Mortgage-backed securities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Federal National Mortgage Association

 

 

311,830

 

 

 

313

 

 

 

3,220

 

 

 

308,923

 

Federal Home Loan Mortgage Corporation

 

 

41,290

 

 

 

76

 

 

 

675

 

 

 

40,691

 

Government National Mortgage Association

 

 

12,051

 

 

 

193

 

 

 

12

 

 

 

12,232

 

Collateralized mortgage obligations:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

      Federal National Mortgage Association

 

 

217

 

 

 

1

 

 

 

1

 

 

 

217

 

      Federal Home Loan Mortgage Corporation

 

 

45

 

 

 

 

 

 

 

 

 

45

 

      Privately issued

 

 

 

 

 

976

 

 

 

 

 

 

976

 

      Total mortgage-backed securities

 

 

365,433

 

 

 

1,559

 

 

 

3,908

 

 

 

363,084

 

      Total available for sale securities

 

$

528,458

 

 

$

1,681

 

 

$

5,166

 

 

$

524,973

 

 

 

(4.)INVESTMENT SECURITIES (Continued)

 

 

 

Amortized

 

 

Unrealized

 

 

Unrealized

 

 

Fair

 

 

 

Cost

 

 

Gains

 

 

Losses

 

 

Value

 

December 31, 2017 (continued)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Securities held to maturity:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

State and political subdivisions

 

 

283,557

 

 

 

2,317

 

 

 

662

 

 

 

285,212

 

Mortgage-backed securities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Federal National Mortgage Association

 

 

9,732

 

 

 

16

 

 

 

88

 

 

 

9,660

 

Federal Home Loan Mortgage Corporation

 

 

3,213

 

 

 

 

 

 

119

 

 

 

3,094

 

Government National Mortgage Association

 

 

26,841

 

 

 

 

 

 

330

 

 

 

26,511

 

Collateralized mortgage obligations:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

      Federal National Mortgage Association

 

 

76,432

 

 

 

 

 

 

1,958

 

 

 

74,474

 

      Federal Home Loan Mortgage Corporation

 

 

93,810

 

 

 

3

 

 

 

2,165

 

 

 

91,648

 

      Government National Mortgage Association

 

 

22,881

 

 

 

5

 

 

 

502

 

 

 

22,384

 

      Total mortgage-backed securities

 

 

232,909

 

 

 

24

 

 

 

5,162

 

 

 

227,771

 

      Total held to maturity securities

 

$

516,466

 

 

$

2,341

 

 

$

5,824

 

 

$

512,983

 

 

Sales And Calls Of Securities Available For Sale

 

 

 

Three months ended

September 30,

 

 

Nine months ended

September 30,

 

 

 

2018

 

 

2017

 

 

2018

 

 

2017

 

Proceeds from sales

 

$

21,470

 

 

$

24,117

 

 

$

27,238

 

 

$

49,424

 

Gross realized gains

 

 

64

 

 

 

190

 

 

 

73

 

 

 

606

 

Gross realized losses

 

 

159

 

 

 

6

 

 

 

161

 

 

 

6

 

 

Scheduled Maturities Of Securities Available For Sale And Securities Held To Maturity

 

 

 

Amortized

 

 

Fair

 

 

 

Cost

 

 

Value

 

Debt securities available for sale:

 

 

 

 

 

 

 

 

Due in one year or less

 

$

35,676

 

 

$

35,471

 

Due from one to five years

 

 

139,223

 

 

 

135,043

 

Due after five years through ten years

 

 

214,640

 

 

 

204,681

 

Due after ten years

 

 

86,579

 

 

 

83,115

 

Total available for sale securities

 

$

476,118

 

 

$

458,310

 

Debt securities held to maturity:

 

 

 

 

 

 

 

 

Due in one year or less

 

$

49,829

 

 

$

49,878

 

Due from one to five years

 

 

150,749

 

 

 

150,479

 

Due after five years through ten years

 

 

83,277

 

 

 

79,898

 

Due after ten years

 

 

175,768

 

 

 

167,463

 

Total held to maturity securities

 

$

459,623

 

 

$

447,718

 

 

Investments Gross Unrealized Losses And Fair Value

 

 

 

Less than 12 months

 

 

12 months or longer

 

 

 

 

Total

 

 

 

Fair

 

 

Unrealized

 

 

Fair

 

 

 

 

Unrealized

 

 

 

 

Fair

 

 

Unrealized

 

 

 

Value

 

 

Losses

 

 

Value

 

 

 

 

Losses

 

 

 

 

Value

 

 

Losses

 

September 30, 2018

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Securities available for sale:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

U.S. Government agency and government sponsored

   enterprises

 

$

88,647

 

 

$

2,621

 

 

$

63,162

 

 

 

 

$

3,356

 

 

 

 

$

151,809

 

 

$

5,977

 

Mortgage-backed securities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Federal National Mortgage Association

 

 

54,316

 

 

 

1,380

 

 

 

208,371

 

 

 

 

 

9,398

 

 

 

 

 

262,687

 

 

 

10,778

 

Federal Home Loan Mortgage Corporation

 

 

2,374

 

 

 

80

 

 

 

32,041

 

 

 

 

 

1,767

 

 

 

 

 

34,415

 

 

 

1,847

 

Government National Mortgage Association

 

 

4,125

 

 

 

121

 

 

 

742

 

 

 

 

 

5

 

 

 

 

 

4,867

 

 

 

126

 

Collateralized mortgage obligations:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

      Federal National Mortgage Association

 

 

 

 

 

 

 

 

58

 

 

 

 

 

 

 

 

 

 

58

 

 

 

 

      Federal Home Loan Mortgage Corporation

 

 

 

 

 

 

 

 

6

 

 

 

 

 

 

 

 

 

 

6

 

 

 

 

      Total mortgage-backed securities

 

 

60,815

 

 

 

1,581

 

 

 

241,218

 

 

 

 

 

11,170

 

 

 

 

 

302,033

 

 

 

12,751

 

      Total available for sale securities

 

 

149,462

 

 

 

4,202

 

 

 

304,380

 

 

 

 

 

14,526

 

 

 

 

 

453,842

 

 

 

18,728

 

Securities held to maturity:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

State and political subdivisions

 

 

105,290

 

 

 

858

 

 

 

28,646

 

 

 

 

 

1,334

 

 

 

 

 

133,936

 

 

 

2,192

 

Mortgage-backed securities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Federal National Mortgage Association

 

 

5,467

 

 

 

151

 

 

 

6,098

 

 

 

 

 

316

 

 

 

 

 

11,565

 

 

 

467

 

Federal Home Loan Mortgage Corporation

 

 

1,455

 

 

 

30

 

 

 

2,889

 

 

 

 

 

242

 

 

 

 

 

4,344

 

 

 

272

 

Government National Mortgage Association

 

 

17,258

 

 

 

374

 

 

 

17,197

 

 

 

 

 

879

 

 

 

 

 

34,455

 

 

 

1,253

 

Collateralized mortgage obligations:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

      Federal National Mortgage Association

 

 

1,982

 

 

 

41

 

 

 

59,878

 

 

 

 

 

3,229

 

 

 

 

 

61,860

 

 

 

3,270

 

      Federal Home Loan Mortgage Corporation

 

 

9,845

 

 

 

390

 

 

 

67,728

 

 

 

 

 

3,713

 

 

 

 

 

77,573

 

 

 

4,103

 

      Government National Mortgage Association

 

 

1,020

 

 

 

15

 

 

 

16,937

 

 

 

 

 

852

 

 

 

 

 

17,957

 

 

 

867

 

      Total mortgage-backed securities

 

 

37,027

 

 

 

1,001

 

 

 

170,727

 

 

 

 

 

9,231

 

 

 

 

 

207,754

 

 

 

10,232

 

      Total held to maturity securities

 

 

142,317

 

 

 

1,859

 

 

 

199,373

 

 

 

 

 

10,565

 

 

 

 

 

341,690

 

 

 

12,424

 

Total temporarily impaired securities

 

$

291,779

 

 

$

6,061

 

 

$

503,753

 

 

 

 

$

25,091

 

 

 

 

$

795,532

 

 

$

31,152

 

December 31, 2017

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Securities available for sale:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

U.S. Government agencies and government sponsored

   enterprises

 

$

95,046

 

 

$

571

 

 

$

31,561

 

 

 

 

$

687

 

 

 

 

$

126,607

 

 

$

1,258

 

Mortgage-backed securities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Federal National Mortgage Association

 

 

201,754

 

 

 

1,855

 

 

 

67,383

 

 

 

 

 

1,365

 

 

 

 

 

269,137

 

 

 

3,220

 

Federal Home Loan Mortgage Corporation

 

 

20,446

 

 

 

192

 

 

 

15,601

 

 

 

 

 

483

 

 

 

 

 

36,047

 

 

 

675

 

Government National Mortgage Association

 

 

2,432

 

 

 

 

 

 

880

 

 

 

 

 

12

 

 

 

 

 

3,312

 

 

 

12

 

Collateralized mortgage obligations:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

      Federal National Mortgage Association

 

 

 

 

 

 

 

 

119

 

 

 

 

 

1

 

 

 

 

 

119

 

 

 

1

 

      Federal Home Loan Mortgage Corporation

 

 

 

 

 

 

 

 

8

 

 

 

 

 

 

 

 

 

 

8

 

 

 

 

      Total mortgage-backed securities

 

 

224,632

 

 

 

2,047

 

 

 

83,991

 

 

 

 

 

1,861

 

 

 

 

 

308,623

 

 

 

3,908

 

            Total available for sale securities

 

 

319,678

 

 

 

2,618

 

 

 

115,552

 

 

 

 

 

2,548

 

 

 

 

 

435,230

 

 

 

5,166

 

(4.)INVESTMENT SECURITIES (Continued)

 

 

 

Less than 12 months

 

 

12 months or longer

 

 

Total

 

 

 

Fair

 

 

Unrealized

 

 

Fair

 

 

Unrealized

 

 

Fair

 

 

Unrealized

 

 

 

Value

 

 

Losses

 

 

Value

 

 

Losses

 

 

Value

 

 

Losses

 

December 31, 2017 (continued)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Securities held to maturity:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

State and political subdivisions

 

 

36,368

 

 

 

295

 

 

 

14,492

 

 

 

367

 

 

 

50,860

 

 

 

662

 

Mortgage-backed securities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Federal National Mortgage Association

 

 

3,766

 

 

 

29

 

 

 

2,694

 

 

 

59

 

 

 

6,460

 

 

 

88

 

Federal Home Loan Mortgage Corporation

 

 

 

 

 

 

 

 

3,094

 

 

 

119

 

 

 

3,094

 

 

 

119

 

Government National Mortgage Association

 

 

17,327

 

 

 

136

 

 

 

9,184

 

 

 

194

 

 

 

26,511

 

 

 

330

 

Collateralized mortgage obligations:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

      Federal National Mortgage Association

 

 

16,830

 

 

 

202

 

 

 

57,645

 

 

 

1,756

 

 

 

74,475

 

 

 

1,958

 

      Federal Home Loan Mortgage Corporation

 

 

23,727

 

 

 

337

 

 

 

66,467

 

 

 

1,828

 

 

 

90,194

 

 

 

2,165

 

      Government National Mortgage Association

 

 

15,401

 

 

 

340

 

 

 

5,635

 

 

 

162

 

 

 

21,036

 

 

 

502

 

      Total mortgage-backed securities

 

 

77,051

 

 

 

1,044

 

 

 

144,719

 

 

 

4,118

 

 

 

221,770

 

 

 

5,162

 

      Total held to maturity securities

 

 

113,419

 

 

 

1,339

 

 

 

159,211

 

 

 

4,485

 

 

 

272,630

 

 

 

5,824

 

Total temporarily impaired securities

 

$

433,097

 

 

$

3,957

 

 

$

274,763

 

 

$

7,033

 

 

$

707,860

 

 

$

10,990