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Securities (Tables) | 9 Months Ended
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Sep. 30, 2019
Investments, Debt and Equity Securities [Abstract] |
Securities Available for Sale | Securities available for sale at September 30, 2019 and December 31, 2018 are as follows:
| September 30, 2019 |  | December 31, 2018
| Amortized |  | Unrealized |  | Fair |  | Amortized |  | Unrealized |  | Fair
| Cost |  | Gains |  | Losses |  | Value |  | Cost |  | Gains |  | Losses |  | Value
U.S. Gov’t sponsored entities | $ | 135,215 |  |  | $ | 3,620 |  |  | $ | (67 | ) |  | $ | 138,768 |  |  | $ | 134,010 |  |  | $ | 254 |  |  | $ | (1,570 | ) |  | $ | 132,694 |
State & political subdivisions | 111,468 |  |  | 3,687 |  |  | (91 | ) |  | 115,064 |  |  | 134,662 |  |  | 1,942 |  |  | (573 | ) |  | 136,031 |
Residential & multi-family mortgage | 236,241 |  |  | 5,362 |  |  | (637 | ) |  | 240,966 |  |  | 209,126 |  |  | 500 |  |  | (3,573 | ) |  | 206,053 |
Corporate notes & bonds | 7,350 |  |  | 14 |  |  | (361 | ) |  | 7,003 |  |  | 12,356 |  |  | 22 |  |  | (601 | ) |  | 11,777 |
Pooled SBA | 26,810 |  |  | 361 |  |  | (70 | ) |  | 27,101 |  |  | 30,163 |  |  | 135 |  |  | (924 | ) |  | 29,374 |
Other | 1,020 |  |  | 0 |  |  | (55 | ) |  | 965 |  |  | 1,020 |  |  | 0 |  |  | (86 | ) |  | 934 |
Total | $ | 518,104 |  |  | $ | 13,044 |  |  | $ | (1,281 | ) |  | $ | 529,867 |  |  | $ | 521,337 |  |  | $ | 2,853 |  |  | $ | (7,327 | ) |  | $ | 516,863 |
Trading Securities | Trading securities at September 30, 2019 and December 31, 2018 are as follows:
| September 30, 2019 |  | December 31, 2018
Corporate equity securities | $ | 7,259 |  |  | $ | 5,828 |
Mutual funds | 911 |  |  | 1,058 |
Certificates of deposit | 210 |  |  | 268 |
Corporate notes and bonds | 657 |  |  | 581 |
U.S. Government sponsored entities | 51 |  |  | 51 |
Total | $ | 9,088 |  |  | $ | 7,786 |
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 September 30, 2019 and December 31, 2018, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position, are as follows: September 30, 2019
| 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 | $ | 9,045 |  |  | $ | (7 | ) |  | $ | 23,954 |  |  | $ | (60 | ) |  | $ | 32,999 |  |  | $ | (67 | )
State & political subdivisions | 0 |  |  | 0 |  |  | 714 |  |  | (91 | ) |  | 714 |  |  | (91 | )
Residential & multi-family mortgage | 15,527 |  |  | (67 | ) |  | 35,984 |  |  | (570 | ) |  | 51,511 |  |  | (637 | )
Corporate notes & bonds | 0 |  |  | 0 |  |  | 4,639 |  |  | (361 | ) |  | 4,639 |  |  | (361 | )
Pooled SBA | 9,118 |  |  | (20 | ) |  | 6,576 |  |  | (50 | ) |  | 15,694 |  |  | (70 | )
Other | 0 |  |  | 0 |  |  | 965 |  |  | (55 | ) |  | 965 |  |  | (55 | )
| $ | 33,690 |  |  | $ | (94 | ) |  | $ | 72,832 |  |  | $ | (1,187 | ) |  | $ | 106,522 |  |  | $ | (1,281 | )
December 31, 2018
| 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 | $ | 14,786 |  |  | $ | (41 | ) |  | $ | 70,676 |  |  | $ | (1,529 | ) |  | $ | 85,462 |  |  | $ | (1,570 | )
State & political subdivisions | 13,834 |  |  | (62 | ) |  | 21,080 |  |  | (511 | ) |  | 34,914 |  |  | (573 | )
Residential & multi-family mortgage | 69,015 |  |  | (656 | ) |  | 87,286 |  |  | (2,917 | ) |  | 156,301 |  |  | (3,573 | )
Corporate notes & bonds | 0 |  |  | 0 |  |  | 9,759 |  |  | (601 | ) |  | 9,759 |  |  | (601 | )
Pooled SBA | 760 |  |  | (7 | ) |  | 20,795 |  |  | (917 | ) |  | 21,555 |  |  | (924 | )
Other | 0 |  |  | 0 |  |  | 934 |  |  | (86 | ) |  | 934 |  |  | (86 | )
| $ | 98,395 |  |  | $ | (766 | ) |  | $ | 210,530 |  |  | $ | (6,561 | ) |  | $ | 308,925 |  |  | $ | (7,327 | )
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 September 30, 2019 | $ | 0 |  |  | $ | 0 |  |  | $ | 0 |
Three months ended September 30, 2018 | $ | 0 |  |  | $ | 0 |  |  | $ | 0 |
Nine months ended September 30, 2019 | $ | 11,403 |  |  | $ | 152 |  |  | $ | 4 |
Nine months ended September 30, 2018 | $ | 0 |  |  | $ | 0 |  |  | $ | 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 at September 30, 2019:
| Amortized Cost |  | Fair Value
1 year or less | $ | 71,463 |  |  | $ | 71,468 |
1 year – 5 years | 108,190 |  |  | 110,168 |
5 years – 10 years | 68,636 |  |  | 73,242 |
After 10 years | 5,744 |  |  | 5,957 |
| 254,033 |  |  | 260,835 |
Residential and multi-family mortgage | 236,241 |  |  | 240,966 |
Pooled SBA | 26,810 |  |  | 27,101 |
Other | 1,020 |  |  | 965 |
Total debt securities | $ | 518,104 |  |  | $ | 529,867 |

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