Securities (Tables)

12 Months Ended

Dec. 31, 2021

Investments Debt And Equity Securities [Abstract]

Available for Sale Securities

The amortized cost and fair value of available for sale securities and the related gross unrealized gains and losses recognized were as follows:

	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Fair Value
2021
U.S. Treasury securities and obligations of U.S. government agencies	$	48,390	$	30	$	(530	)	$	47,890
Obligations of states and political subdivisions		281,247		17,696		(107	)		298,836
Mortgage-back securities in government sponsored entities		211,660		2,938		(1,450	)		213,148
Total debt securities	$	541,297	$	20,664	$	(2,087	)	$	559,874
	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Fair Value
2020
U.S. Treasury securities and obligations of U.S. government agencies	$	21,479	$	220	$	(6	)	$	21,693
Obligations of states and political subdivisions		208,013		21,000		(1	)		229,012
Mortgage-back securities in government sponsored entities		106,824		5,963		(28	)		112,759
Total debt securities	$	336,316	$	27,183	$	(35	)	$	363,464

Fair Value of Securities by Contractual Maturity

The amortized cost and fair value of securities at year end 2021 by contractual maturity were as follows. Securities not due at a single maturity date, primarily mortgage-backed securities, are shown separately.

	Available for sale
	Amortized Cost		Fair Value
Due in one year or less	$	3,786	$	3,789
Due from one to five years		32,034		32,121
Due from five to ten years		61,675		63,083
Due after ten years		232,142		247,733
Mortgage-backed securities in government sponsored entities		211,660		213,148
Total securities available for sale	$	541,297	$	559,874

Proceeds from Sales of Securities, Gross Realized Gains and Losses

Proceeds from sales of securities, gross realized gains and gross realized losses were as follows:

	2021		2020		2019
Sale proceeds	$	1,810	$	1,455	$	17,570
Gross realized gains		1,785		94		47
Gross realized losses		—		—		43
Gains from securities called or settled by the issuer		1		—		28

Securities with Unrealized Losses Not Recognized in Income

Debt securities with unrealized losses at year end 2021 and 2020 not recognized in income were as follows:

2021	12 Months or less					More than 12 months					Total
Description of Securities	Fair Value		Unrealized Loss			Fair Value		Unrealized Loss			Fair Value		Unrealized Loss
U.S. Treasury securities and obligations of U.S. government agencies	$	41,432	$	(473	)	$	2,014	$	(57	)	$	43,446	$	(530	)
Obligations of states and political subdivisions		25,797		(107	)		—		—			25,797		(107	)
Mortgage-backed securities in gov’t sponsored entities		141,327		(1,343	)		3,123		(107	)		144,450		(1,450	)
Total temporarily impaired	$	208,556	$	(1,923	)	$	5,137	$	(164	)	$	213,693	$	(2,087	)

2020	12 Months or less					More than 12 months					Total
Description of Securities	Fair Value		Unrealized Loss			Fair Value		Unrealized Loss			Fair Value		Unrealized Loss
U.S. Treasury securities and obligations of U.S. government agencies	$	6,501	$	(5	)	$	126	$	(1	)	$	6,627	$	(6	)
Obligations of states and political subdivisions		1,874		(1	)		—		—			1,874		(1	)
Mortgage-backed securities in gov’t sponsored entities		5,755		(28	)		—		—			5,755		(28	)
Total temporarily impaired	$	14,130	$	(34	)	$	126	$	(1	)	$	14,256	$	(35	)

Schedule of Net Gains and Losses on Equity Investments Recognized in Earnings and Portion of Unrealized Gains and Losses for Period that Relates to Equity Investments

The following table presents the net gains and losses on equity investments recognized in earnings at year-end 2021 and 2020, and the portion of unrealized gains and losses for the period that relates to equity investments held at year-end 2021 and 2020:

	2021		2020
Net gains (losses) recognized on equity securities during the year	$	186	$	(57	)
Less: Net gains realized on the sale of equity securities during the period		—		6
Unrealized gains (losses) recognized in equity securities held at December 31	$	186	$	(51	)