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SECURITIES (Tables)
 12 Months Ended
Dec. 31, 2019
SECURITIES [Abstract]  
Amortized Cost and Fair Value of Investment Securities, by Category
Amortized cost and fair value of securities available for sale and the related gross unrealized gains and losses recognized in accumulated other comprehensive income (loss) were as follows:

2019
 
Amortized
Cost
  
Unrealized
Gains
  
Unrealized
Losses
  
Fair Value
 
Available for sale
            
Mortgage-backed securities
            
U. S. sponsored agency MBS - residential
 
$
276,013
  
$
3,618
  
$
(322
)
 
$
279,309
 
U. S. sponsored agency CMO’s - residential
  
61,989
   
768
   
(113
)
  
62,644
 
Total mortgage-backed securities ofgovernment sponsored agencies
  
338,002
   
4,386
   
(435
)
  
341,953
 
U. S. government sponsored agency securities
  
30,538
   
280
   
(88
)
  
30,730
 
Obligations of states and political subdivisions
  
15,570
   
453
   
(6
)
  
16,017
 
Other securities
  
1,956
   
98
   
-
   
2,054
 
Total securities available for sale
 
$
386,066
  
$
5,217
  
$
(529
)
 
$
390,754
 

2018
 
Amortized
Cost
  
Unrealized
Gains
  
Unrealized
Losses
  
Fair Value
 
Available for sale
            
Mortgage-backed securities
            
U. S. sponsored agency MBS - residential
 
$
259,575
  
$
513
  
$
(4,846
)
 
$
255,242
 
U. S. sponsored agency CMO’s - residential
  
69,231
   
94
   
(782
)
  
68,543
 
Total mortgage-backed securities of government sponsored agencies
  
328,806
   
607
   
(5,628
)
  
323,785
 
U. S. government sponsored agency securities
  
24,154
   
196
   
(180
)
  
24,170
 
Obligations of states and political subdivisions
  
14,194
   
176
   
(43
)
  
14,327
 
Other securities
  
3,453
   
6
   
(10
)
  
3,449
 
Total securities available for sale
 
$
370,607
  
$
985
  
$
(5,861
)
 
$
365,731
 
Amortized Cost and Fair Value of Securities by Contractual Maturity
Securities not due at a single maturity date, such as mortgage-backed securities, are shown separately.

  
Amortized
Cost
  
Fair
Value
 
Available for sale
      
Due in one year or less
 
$
9,436
  
$
9,455
 
Due after one year through five years
  
16,530
   
16,870
 
Due after five years through ten years
  
16,455
   
16,511
 
Due after ten years
  
5,643
   
5,965
 
Mortgage-backed securities of government sponsored agencies
  
338,002
   
341,953
 
Total available for sale
 
$
386,066
  
$
390,754
 
Securities with Unrealized Losses in Continuous Unrealized Loss Position
Securities with unrealized losses at year-end 2019 aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position are as follows:

  
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 government sponsored agency securities
 
$
10,851
  
$
(84
)
 
$
3,957
  
$
(4
)
 
$
14,808
  
$
(88
)
U.S government sponsored agency MBS – residential
  
50,945
   
(199
)
  
12,930
   
(123
)
  
63,875
   
(322
)
U.S government sponsored agency CMO’s – residential
  
4,376
   
(3
)
  
8,815
   
(110
)
  
13,191
   
(113
)
Obligations of states and political subdivisions
  
1,866
   
(6
)
  
-
   
-
   
1,866
   
(6
)
Total temporarily impaired
 
$
68,038
  
$
(292
)
 
$
25,702
  
$
(237
)
 
$
93,740
  
$
(529
)

Securities with unrealized losses at year-end 2018 aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position are as follows:

  
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 government sponsored agency securities
 
$
999
  
$
-
  
$
11,057
  
$
(180
)
 
$
12,056
  
$
(180
)
U.S government sponsored agency MBS – residential
  
50,923
   
(243
)
  
158,791
   
(4,603
)
  
209,714
   
(4,846
)
U.S government sponsored agency CMO’s – residential
  
16,359
   
(41
)
  
26,386
   
(741
)
  
42,745
   
(782
)
Obligations of states and political subdivisions
  
679
   
(6
)
  
3,454
   
(37
)
  
4,133
   
(43
)
Other securities
  
1,712
   
(10
)
  
-
   
-
   
1,712
   
(10
)
Total temporarily impaired
 
$
70,672
  
$
(300
)
 
$
199,688
  
$
(5,561
)
 
$
270,360
  
$
(5,861
)