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Securities (Tables) | 3 Months Ended
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Mar. 31, 2018
Cash and Cash Equivalents [Abstract] |
Securities Available for Sale | Securities available for sale at March 31, 2018 and December 31, 2017 are as follows:
|  | March 31, 2018 |  |  | December 31, 2017 |
|  | Amortized |  |  | Unrealized |  |  | Fair |  |  | Amortized |  |  | Unrealized |  |  | Fair |
|  | Cost |  |  | Gains |  |  | Losses |  |  | Value |  |  | Cost |  |  | Gains |  |  | Losses |  |  | Value |
U.S. Gov’t sponsored entities |  | $ | 113,341 |  |  | $ | 334 |  |  | $ | (1,754 | ) |  | $ | 111,921 |  |  | $ | 108,578 |  |  | $ | 478 |  |  | $ | (908 | ) |  | $ | 108,148 |
State & political subdivisions |  |  | 131,608 |  |  |  | 2,616 |  |  |  | (758 | ) |  |  | 133,466 |  |  |  | 134,428 |  |  |  | 3,609 |  |  |  | (314 | ) |  |  | 137,723 |
Residential & multi-family mortgage |  |  | 123,995 |  |  |  | 104 |  |  |  | (3,469 | ) |  |  | 120,630 |  |  |  | 111,214 |  |  |  | 304 |  |  |  | (1,882 | ) |  |  | 109,636 |
Corporate notes & bonds |  |  | 17,608 |  |  |  | 45 |  |  |  | (459 | ) |  |  | 17,194 |  |  |  | 17,610 |  |  |  | 52 |  |  |  | (462 | ) |  |  | 17,200 |
Pooled SBA |  |  | 35,145 |  |  |  | 113 |  |  |  | (1,113 | ) |  |  | 34,145 |  |  |  | 36,260 |  |  |  | 355 |  |  |  | (575 | ) |  |  | 36,040 |
Other |  |  | 1,020 |  |  |  | 0 |  |  |  | (77 | ) |  |  | 943 |  |  |  | 1,020 |  |  |  | 0 |  |  |  | (58 | ) |  |  | 962 |
Total |  | $ | 422,717 |  |  | $ | 3,212 |  |  | $ | (7,630 | ) |  | $ | 418,299 |  |  | $ | 409,110 |  |  | $ | 4,798 |  |  | $ | (4,199 | ) |  | $ | 409,709 |
Trading Securities | Trading securities at March 31, 2018 and December 31, 2017 are as follows:
|  | March 31, 2018 |  |  | December 31, 2017 |
Corporate equity securities |  | $ | 5,172 |  |  | $ | 5,125 |
Mutual funds |  |  | 1,612 |  |  |  | 1,499 |
Certificates of deposit |  |  | 170 |  |  |  | 220 |
Corporate notes and bonds |  |  | 250 |  |  |  | 254 |
U.S. Government sponsored entities |  |  | 52 |  |  |  | 52 |
Total |  | $ | 7,256 |  |  | $ | 7,150 |
Securities with Unrealized Losses Aggregated by Investment Category and Length of Time that Individual Securities have been in Continuous Unrealized Loss Position | Securities with unrealized losses at March 31, 2018 and December 31, 2017, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position, are as follows: March 31, 2018
|  | 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. Gov’t sponsored entities |  | $ | 63,833 |  |  | $ | (1,262 | ) |  | $ | 34,590 |  |  | $ | (492 | ) |  | $ | 98,423 |  |  | $ | (1,754 | )
State & political subdivisions |  |  | 61,022 |  |  |  | (456 | ) |  |  | 4,045 |  |  |  | (302 | ) |  |  | 65,067 |  |  |  | (758 | )
Residential & multi-family mortgage |  |  | 50,017 |  |  |  | (913 | ) |  |  | 59,984 |  |  |  | (2,556 | ) |  |  | 110,001 |  |  |  | (3,469 | )
Corporate notes & bonds |  |  | 5,225 |  |  |  | (38 | ) |  |  | 9,077 |  |  |  | (421 | ) |  |  | 14,302 |  |  |  | (459 | )
Pooled SBA |  |  | 7,513 |  |  |  | (67 | ) |  |  | 21,272 |  |  |  | (1,046 | ) |  |  | 28,785 |  |  |  | (1,113 | )
Other |  |  | 0 |  |  |  | (0 | ) |  |  | 943 |  |  |  | (77 | ) |  |  | 943 |  |  |  | (77 | )
|  | $ | 187,610 |  |  | $ | (2,736 | ) |  | $ | 129,911 |  |  | $ | (4,894 | ) |  | $ | 317,521 |  |  | $ | (7,630 | )
December 31, 2017
|  | Less than 12 Months |  |  | 12 Months or More |  |  | Total |
|  | Fair Value |  |  | Unrealized Loss |  |  | Fair Value |  |  | Unrealized Loss |  |  | Fair Value |  |  | Unrealized Loss |
U.S. Gov’t sponsored entities |  | $ | 55,696 |  |  | $ | (540 | ) |  | $ | 34,754 |  |  | $ | (368 | ) |  | $ | 90,450 |  |  | $ | (908 | )
State & political subdivisions |  |  | 15,890 |  |  |  | (69 | ) |  |  | 4,104 |  |  |  | (245 | ) |  |  | 19,994 |  |  |  | (314 | )
Residential and multi-family mortgage |  |  | 30,144 |  |  |  | (153 | ) |  |  | 63,699 |  |  |  | (1,729 | ) |  |  | 93,843 |  |  |  | (1,882 | )
Corporate notes & bonds |  |  | 5,005 |  |  |  | (9 | ) |  |  | 9,042 |  |  |  | (453 | ) |  |  | 14,047 |  |  |  | (462 | )
Pooled SBA |  |  | 0 |  |  |  | (0 | ) |  |  | 22,270 |  |  |  | (575 | ) |  |  | 22,270 |  |  |  | (575 | )
Other |  |  | 0 |  |  |  | (0 | ) |  |  | 962 |  |  |  | (58 | ) |  |  | 962 |  |  |  | (58 | )
|  | $ | 106,735 |  |  | $ | (771 | ) |  | $ | 134,831 |  |  | $ | (3,428 | ) |  | $ | 241,566 |  |  | $ | (4,199 | )
Roll-Forward of Other-Than-Temporary Impairment Amount Related to Credit Losses | A roll-forward of the other-than-temporary impairment amount related to credit losses for the three months ended March 31, 2018 and 2017 is as follows:
|  | 2018 |  |  | 2017 |
Balance of credit losses on debt securities for which a portion of other-than-temporary impairment was recognized in earnings, beginning of period |  | $ | 0 |  |  | $ | 2,071 |
Credit losses previously recognized on securities sold during the period |  |  | 0 |  |  |  | (2,071 | )
Additional credit loss for which other-than-temporary impairment was not previously recognized |  |  | 0 |  |  |  | 0 |
Additional credit loss for which other-than-temporary impairment was previously recognized |  |  | 0 |  |  |  | 0 |
Balance of credit losses on debt securities for which a portion of other-than-temporary impairment was recognized in earnings, end of period |  | $ | 0 |  |  | $ | 0 |
Information Pertaining to Security Sales | Information pertaining to security sales on available for sale securities is as follows:
|  | Proceeds |  |  | Gross Gains |  |  | Gross Losses |
Three months ended March 31, 2018 |  | $ | 0 |  |  | $ | 0 |  |  | $ | 0 |
Three months ended March 31, 2017 |  | $ | 2,183 |  |  | $ | 1,383 |  |  | $ | 0 |
Schedule of Contractual Maturity of Securities Available for Sale, Excluding Equity Securities | The following is a schedule of the contractual maturity of securities available for sale, excluding equity securities, at March 31, 2018:
|  | Amortized |  |  | Fair |
|  | Cost |  |  | Value |
1 year or less |  | $ | 58,820 |  |  | $ | 58,626 |
1 year – 5 years |  |  | 154,027 |  |  |  | 154,001 |
5 years – 10 years |  |  | 43,991 |  |  |  | 44,236 |
After 10 years |  |  | 5,719 |  |  |  | 5,718 |
|  |  | 262,557 |  |  |  | 262,581 |
Residential and multi-family mortgage |  |  | 123,995 |  |  |  | 120,630 |
Pooled SBA |  |  | 35,145 |  |  |  | 34,145 |
Total debt securities |  | $ | 421,697 |  |  | $ | 417,356 |

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