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Investment Securities (Tables)
12 Months Ended
Dec. 31, 2016
Investment Securities [Abstract]  
Summary Of Amortized Cost And Fair Values Of Investment Securities



 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 



Amortized

 

Gross Unrealized

 

Fair

(Dollars in thousands)

Cost

 

Gains

 

Losses

 

Value

At December 31, 2016

 

 

 

 

 

 

 

 

 

 

 

Held to Maturity:

 

 

 

 

 

 

 

 

 

 

 

Obligations of state and political subdivisions

$

10,443 

 

$

242 

 

$

(8)

 

$

10,677 

Total

$

10,443 

 

$

242 

 

$

(8)

 

$

10,677 



 

 

 

 

 

 

 

 

 

 

 

Available for Sale:

 

 

 

 

 

 

 

 

 

 

 

Federal agency securities

$

69,691 

 

$

201 

 

$

(198)

 

$

69,694 

Obligations of state and political subdivisions

 

46,105 

 

 

461 

 

 

(191)

 

 

46,375 

Residential mortgage-backed securities

 

282,035 

 

 

573 

 

 

(1,966)

 

 

280,642 

Asset-backed securities

 

9,265 

 

 

 -

 

 

(88)

 

 

9,177 

Corporate debt

 

20,017 

 

 

385 

 

 

(72)

 

 

20,330 

Total

$

427,113 

 

$

1,620 

 

$

(2,515)

 

$

426,218 



 

 

 

 

 

 

 

 

 

 

 

At December 31, 2015

 

 

 

 

 

 

 

 

 

 

 

Held to Maturity:

 

 

 

 

 

 

 

 

 

 

 

Obligations of state and political subdivisions

$

11,797 

 

$

488 

 

$

(3)

 

$

12,282 

Total

$

11,797 

 

$

488 

 

$

(3)

 

$

12,282 



 

 

 

 

 

 

 

 

 

 

 

Available for Sale:

 

 

 

 

 

 

 

 

 

 

 

Federal agency securities

$

78,363 

 

$

220 

 

$

(373)

 

$

78,210 

Obligations of state and political subdivisions

 

47,079 

 

 

620 

 

 

(134)

 

 

47,565 

Residential mortgage-backed securities

 

240,804 

 

 

936 

 

 

(1,852)

 

 

239,888 

Asset-backed securities

 

9,639 

 

 

 -

 

 

(224)

 

 

9,415 

Corporate debt

 

25,251 

 

 

148 

 

 

(146)

 

 

25,253 

Total

$

401,136 

 

$

1,924 

 

$

(2,729)

 

$

400,331 



Amortized Cost And Approximate Fair Value Of Investment Securities By Maturity Date



 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 



Available for Sale

 

Held to Maturity



Amortized

 

Fair

 

Amortized

 

Fair

(Dollars in thousands)

Cost

 

Value

 

Cost

 

Value

One year or less

$

7,702 

 

$

7,747 

 

$

 -

 

$

 -

More than one year through five years

 

309,028 

 

 

308,505 

 

 

9,298 

 

 

9,535 

More than five years through ten years

 

76,505 

 

 

75,976 

 

 

1,145 

 

 

1,142 

More than ten years

 

33,878 

 

 

33,990 

 

 

 -

 

 

 -

Total

$

427,113 

 

$

426,218 

 

$

10,443 

 

$

10,677 



Summary Of Sales Of Available For Sale Securities



 

 

 

 

 

 

 

 

(Dollars in thousands)

 

2016

 

 

2015

 

 

2014

Proceeds from sales

$

43,593 

 

$

162 

 

$

2,545 

Gross realized gains

 

348 

 

 

162 

 

 

1,120 

Gross realized losses

 

(54)

 

 

 -

 

 

 -



Summary Of Securities With Gross Unrealized Losses And Their Fair Values



 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

Continuous Unrealized

 

 

 



 

 

Amortized cost of

 

Loss Existing for:

 

Fair value of



Number of

 

securities with

 

Less Than

 

More Than

 

securities with

(Dollars in thousands)

Securities

 

unrealized losses

 

12 Months

 

12 Months

 

unrealized losses

At December 31, 2016

 

 

 

 

 

 

 

 

 

 

 

 

 

Held to Maturity:

 

 

 

 

 

 

 

 

 

 

 

 

 

Obligations of state and political subdivisions

 

$

1,987 

 

$

(8)

 

$

 -

 

$

1,979 



 

$

1,987 

 

$

(8)

 

$

 -

 

$

1,979 



 

 

 

 

 

 

 

 

 

 

 

 

 

Available for Sale:

 

 

 

 

 

 

 

 

 

 

 

 

 

Federal agency securities

13 

 

$

34,734 

 

$

(111)

 

$

(87)

 

$

34,536 

Obligations of state and political subdivisions

36 

 

 

18,283 

 

 

(145)

 

 

(46)

 

 

18,092 

Residential mortgage-backed securities

89 

 

 

225,986 

 

 

(1,618)

 

 

(348)

 

 

224,020 

Asset-backed securities

 

 

9,265 

 

 

 -

 

 

(88)

 

 

9,177 

Other Securities

 

 

5,005 

 

 

 -

 

 

(72)

 

 

4,933 

Total

143 

 

$

293,273 

 

$

(1,874)

 

$

(641)

 

$

290,758 



 

 

 

 

 

 

 

 

 

 

 

 

 

At December 31, 2015

 

 

 

 

 

 

 

 

 

 

 

 

 

Held to Maturity:

 

 

 

 

 

 

 

 

 

 

 

 

 

Obligations of state and political subdivisions

 

$

1,677 

 

$

 -

 

$

(3)

 

$

1,674 



 

$

1,677 

 

$

 -

 

$

(3)

 

$

1,674 



 

 

 

 

 

 

 

 

 

 

 

 

 

Available for Sale:

 

 

 

 

 

 

 

 

 

 

 

 

 

Federal agency securities

14 

 

$

42,438 

 

$

(138)

 

$

(235)

 

$

42,065 

Obligations of state and political subdivisions

14 

 

 

11,765 

 

 

(57)

 

 

(77)

 

 

11,631 

Residential mortgage-backed securities

87 

 

 

175,043 

 

 

(1,247)

 

 

(605)

 

 

173,191 

Asset-backed securities

 

 

9,639 

 

 

(115)

 

 

(109)

 

 

9,415 

Other Securities

 

 

14,987 

 

 

(75)

 

 

(71)

 

 

14,841 

Total

124 

 

$

253,872 

 

$

(1,632)

 

$

(1,097)

 

$

251,143