XML 48 R31.htm IDEA: XBRL DOCUMENT v3.20.4

Securities (Tables)

12 Months Ended

Dec. 31, 2020

Investments, Debt and Equity Securities [Abstract]

Schedule of Securities Available-for-Sale

The amortized cost, unrealized gross gains and losses recognized in accumulated other comprehensive income (loss), and fair value of Securities Available-for-Sale were as follows:

Securities Available-for-Sale:						Amortized Cost						Gross Unrealized Gains						Gross Unrealized Losses						Fair Value
2020
Obligations of State and Political Subdivisions						$	548,273					$	33,077					$	(103)					$	581,247
MBS/CMO						535,526						12,806						(25)						548,307
US Gov't Sponsored Entities & Agencies						88,376						120						(198)						88,298
Total						$	1,172,175					$	46,003					$	(326)					$	1,217,852
2019
Obligations of State and Political Subdivisions						$	307,943					$	16,366					$	(9)					$	324,300
MBS/CMO						526,907						5,414						(1,796)						530,525
US Gov't Sponsored Entities & Agencies						—						—						—						—
Total						$	834,850					$	21,780					$	(1,805)					$	854,825

Schedule of Securities by Contractual Maturity

The amortized cost and fair value of securities at December 31, 2020 by contractual maturity are shown below. Expected maturities may differ from contractual maturities because some issuers have the right to call or prepay certain obligations with or without call or prepayment penalties. Mortgage-backed securities are not due at a single maturity date and are shown separately. 

						Amortized Cost						Fair Value
Securities Available-for-Sale:
Due in one year or less						$	7,809					$	7,802
Due after one year through five years						16,987						17,601
Due after five years through ten years						68,720						73,675
Due after ten years						454,757						482,169
MBS/CMO						535,526						548,307
US Gov't Sponsored Entities & Agencies						88,376						88,298
Total						$	1,172,175					$	1,217,852

Schedule of Proceeds from the Sales of Securities

						2020						2019						2018
Proceeds from the Sales of Securities are summarized below:						Available- for-Sale						Available- for-Sale						Available- for-Sale
Proceeds from Sales						$	125,106					$	82,601					$	91,013
Gross Gains on Sales						4,081						1,248						706
Income Taxes on Gross Gains						857						262						148

Schedule of Securities with Unrealized Losses

Below is a summary of securities with unrealized losses as of year-end 2020 and 2019, presented by length of time the securities have been in a continuous unrealized loss position: 

						Less than 12 Months												12 Months or More												Total
						Fair Value						Unrealized Loss						Fair Value						Unrealized Loss						Fair Value						Unrealized Loss
December 31, 2020
Obligations of State and Political Subdivisions						$	10,652					$	(103)					$	—					$	—					$	10,652					$	(103)
MBS/CMO						19,631						(25)						—						—						19,631						(25)
US Gov't Sponsored Entities & Agencies						59,054						(198)						—						—						59,054						(198)
Total						$	89,337					$	(326)					$	—					$	—					$	89,337					$	(326)

						Less than 12 Months												12 Months or More												Total
						Fair Value						Unrealized Loss						Fair Value						Unrealized Loss						Fair Value						Unrealized Loss
December 31, 2019
Obligations of State and Political Subdivisions						$	4,631					$	(9)					$	—					$	—					$	4,631					$	(9)
MBS/CMO						89,267						(241)						155,989						(1,555)						245,256						(1,796)
US Gov't Sponsored Entities & Agencies						—						—						—						—						—						—
Total						$	93,898					$	(250)					$	155,989					$	(1,555)					$	249,887					$	(1,805)

X

- Definition

Proceeds From Sales Of Available For Sale Securities Table Text Block

+ References

No definition available.

+ Details

Name:	gabc_ProceedsFromSalesOfAvailableForSaleSecuritiesTableTextBlTableTextBlock
Namespace Prefix:	gabc_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale).

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 320
-URI http://asc.fasb.org/topic&trid=2196928

+ Details

Name:	us-gaap_DebtSecuritiesAvailableForSaleTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of maturities of an entity's investments as well as any other information pertinent to the investments.

+ References

No definition available.

+ Details

Name:	us-gaap_InvestmentsClassifiedByContractualMaturityDateTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

For all investments in an unrealized loss position, including those for which other-than-temporary impairments have not been recognized in earnings (including investments for which a portion of an other-than-temporary impairment has been recognized in other comprehensive income), a tabular disclosure of the aggregate related fair value of investments with unrealized losses and the aggregate amount of unrealized losses (that is, the amount by which amortized cost basis exceeds fair value).

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 320
-SubTopic 10
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=121645371&loc=d3e27290-111563

+ Details

Name:	us-gaap_ScheduleOfUnrealizedLossOnInvestmentsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration