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Securities (Tables) | 3 Months Ended
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Mar. 31, 2021
Investments, Debt and Equity Securities [Abstract] |
Securities Available for Sale | Securities available for sale at March 31, 2021 and December 31, 2020 are as follows:
| March 31, 2021 |  | December 31, 2020
| Amortized |  | Unrealized |  | Fair |  | Amortized |  | Unrealized |  | Fair
| Cost |  | Gains |  | Losses |  | Value |  | Cost |  | Gains |  | Losses |  | Value
U.S. Gov’t sponsored entities | $ | 156,342 |  |  | $ | 4,897 |  |  | $ | (1,673) |  |  | $ | 159,566 |  |  | $ | 150,404 |  |  | $ | 6,698 |  |  | $ | (60) |  |  | $ | 157,042 |
State & political subdivisions | 78,024 |  |  | 2,422 |  |  | (1,251) |  |  | 79,195 |  |  | 67,819 |  |  | 3,186 |  |  | (122) |  |  | 70,883 |
Residential & multi-family mortgage | 327,536 |  |  | 7,670 |  |  | (4,915) |  |  | 330,291 |  |  | 306,054 |  |  | 9,276 |  |  | (138) |  |  | 315,192 |
Corporate notes & bonds | 18,856 |  |  | 273 |  |  | (275) |  |  | 18,854 |  |  | 15,221 |  |  | 105 |  |  | (400) |  |  | 14,926 |
Pooled SBA | 23,933 |  |  | 678 |  |  | (22) |  |  | 24,589 |  |  | 24,975 |  |  | 912 |  |  | (1) |  |  | 25,886 |
Other | 1,020 |  |  | 0 |  |  | (54) |  |  | 966 |  |  | 1,020 |  |  | 0 |  |  | (41) |  |  | 979 |
Total | $ | 605,711 |  |  | $ | 15,940 |  |  | $ | (8,190) |  |  | $ | 613,461 |  |  | $ | 565,493 |  |  | $ | 20,177 |  |  | $ | (762) |  |  | $ | 584,908 |
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 March 31, 2021:
| Amortized Cost |  | Fair Value
1 year or less | $ | 51,119 |  |  | $ | 51,083 |
1 year – 5 years | 103,898 |  |  | 106,263 |
5 years – 10 years | 89,159 |  |  | 91,195 |
After 10 years | 9,046 |  |  | 9,074 |
| 253,222 |  |  | 257,615 |
Residential & multi-family mortgage | 327,536 |  |  | 330,291 |
Pooled SBA | 23,933 |  |  | 24,589 |
Other | 1,020 |  |  | 966 |
Total debt securities | $ | 605,711 |  |  | $ | 613,461 |
Securities with Unrealized Loss Position | Securities with unrealized losses at March 31, 2021 and December 31, 2020, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position, are as follows: March 31, 2021
| 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 | $ | 56,352 |  |  | $ | (1,673) |  |  | $ | 0 |  |  | $ | 0 |  |  | $ | 56,352 |  |  | $ | (1,673) |
State & political subdivisions | 29,540 |  |  | (1,165) |  |  | 182 |  |  | (86) |  |  | 29,722 |  |  | (1,251) |
Residential & multi-family mortgage | 143,879 |  |  | (4,703) |  |  | 6,377 |  |  | (212) |  |  | 150,256 |  |  | (4,915) |
Corporate notes & bonds | 268 |  |  | (1) |  |  | 4,726 |  |  | (274) |  |  | 4,994 |  |  | (275) |
Pooled SBA | 3,356 |  |  | (22) |  |  | 0 |  |  | 0 |  |  | 3,356 |  |  | (22) |
Other | 0 |  |  | 0 |  |  | 966 |  |  | (54) |  |  | 966 |  |  | (54) |
| $ | 233,395 |  |  | $ | (7,564) |  |  | $ | 12,251 |  |  | $ | (626) |  |  | $ | 245,646 |  |  | $ | (8,190) |
December 31, 2020
| 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 | $ | 24,991 |  |  | $ | (60) |  |  | 0 |  |  | 0 |  |  | $ | 24,991 |  |  | $ | (60) |
State & political subdivisions | 3,854 |  |  | (19) |  |  | 164 |  |  | (103) |  |  | 4,018 |  |  | (122) |
Residential & multi-family mortgage | 44,092 |  |  | (119) |  |  | 3,277 |  |  | (19) |  |  | 47,369 |  |  | (138) |
Corporate notes & bonds | 0 |  |  | 0 |  |  | 4,545 |  |  | (400) |  |  | 4,545 |  |  | (400) |
Pooled SBA | 525 |  |  | (1) |  |  | 0 |  |  | 0 |  |  | 525 |  |  | (1) |
Other | 0 |  |  | 0 |  |  | 979 |  |  | (41) |  |  | 979 |  |  | (41) |
| $ | 73,462 |  |  | $ | (199) |  |  | $ | 8,965 |  |  | $ | (563) |  |  | $ | 82,427 |  |  | $ | (762) |
Trading Securities | Trading securities at March 31, 2021 and December 31, 2020 are as follows:
| March 31, 2021 |  | December 31, 2020
Corporate equity securities | $ | 4,524 |  |  | $ | 4,343 |
Mutual funds | 1,361 |  |  | 1,283 |
Certificates of deposit | 400 |  |  | 404 |
Corporate notes and bonds | 592 |  |  | 569 |
U.S. Government sponsored entities | 0 |  |  | 50 |
Total | $ | 6,877 |  |  | $ | 6,649 |

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