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SECURITIES (Tables)

3 Months Ended

Mar. 31, 2022

Investments, Debt and Equity Securities [Abstract]

Securities Available for Sale

Debt securities available-for-sale ("AFS") at March 31, 2022 and December 31, 2021 are as follows:

			March 31, 2022																								December 31, 2021
			Amortized						Unrealized												Fair						Amortized						Unrealized												Fair
			Cost						Gains						Losses						Value						Cost						Gains						Losses						Value
U.S. Government sponsored entities			$	1,831					$	0					$	(35)					$	1,796					$	110,788					$	2,728					$	(1,768)					$	111,748
State & political subdivisions			113,292						495						(7,923)						105,864						103,232						2,162						(1,682)						103,712
Residential & multi-family mortgage			406,532						494						(26,489)						380,537						437,021						4,127						(6,513)						434,635
Corporate notes & bonds			35,773						59						(1,678)						34,154						28,257						250						(443)						28,064
Pooled SBA			17,820						20						(629)						17,211						18,787						283						(38)						19,032
Total			$	575,248					$	1,068					$	(36,754)					$	539,562					$	698,085					$	9,550					$	(10,444)					$	697,191

Information pertaining to security sales on AFS securities is as follows:

			Proceeds						Gross Gains						Gross Losses
Three months ended March 31, 2022			$	22,164					$	651					$	0
Three months ended March 31, 2021			0						0						0

Schedule of Debt Securities Held-to-maturities

Debt securities held-to-maturity ("HTM") at March 31, 2022 and December 31, 2021 are as follows:

			March 31, 2022																								December 31, 2021
			Amortized						Unrealized												Fair						Amortized						Unrealized												Fair
			Cost						Gains						Losses						Value						Cost						Gains						Losses						Value
U.S. Government sponsored entities			$	307,597					$	0					$	(11,909)					$	295,688					$	0					$	0					$	0					$	0
Total			$	307,597					$	0					$	(11,909)					$	295,688					$	0					$	0					$	0					$	0

HTM debt securities with unrealized losses at March 31, 2022 and December 31, 2021, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position, are as follows:

March 31, 2022

			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. Government sponsored entities			$	265,151					$	(9,108)					$	54,355					$	(2,801)					$	319,506					$	(11,909)
			$	265,151					$	(9,108)					$	54,355					$	(2,801)					$	319,506					$	(11,909)

December 31, 2021

			Less than 12 Months												12 Months or More												Total
			Fair Value						Unrealized Loss						Fair Value						Unrealized Loss						Fair Value						Unrealized Loss
U.S. Government sponsored entities			$	0					$	0					$	0					$	0					$	0					$	0
			$	0					$	0					$	0					$	0					$	0					$	0

Schedule of Maturity Distribution of Debt Securities at Amortized Cost and Fair Value

The table below illustrates the maturity distribution of debt securities at amortized cost and fair value as of March 31, 2022:

			Available-for-sale												Held-to-maturity
			Amortized Cost						Fair Value						Amortized Cost						Fair Value
1 year or less			$	7,343					$	7,377					$	503					$	477
1 year – 5 years			41,120						40,800						232,668						225,357
5 years – 10 years			94,461						86,401						68,939						64,722
After 10 years			7,972						7,236						5,487						5,132
			150,896						141,814						307,597						295,688
Residential & multi-family mortgage			406,532						380,537						0						0
Pooled SBA			17,820						17,211						0						0
Total debt securities			$	575,248					$	539,562					$	307,597					$	295,688

Available-for-sale Securities with Unrealized Loss Position

AFS debt securities with unrealized losses at March 31, 2022 and December 31, 2021, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position, are as follows:

March 31, 2022

			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. Government sponsored entities			$	1,796					$	(35)					$	0					$	0					$	1,796					$	(35)
State & political subdivisions			78,991						(6,275)						14,547						(1,648)						93,538						(7,923)
Residential & multi-family mortgage			293,601						(17,743)						100,040						(8,746)						393,641						(26,489)
Corporate notes & bonds			22,174						(1,401)						5,777						(277)						27,951						(1,678)
Pooled SBA			16,379						(629)						126						0						16,505						(629)
			$	412,941					$	(26,083)					$	120,490					$	(10,671)					$	533,431					$	(36,754)

December 31, 2021

			Less than 12 Months												12 Months or More												Total
			Fair Value						Unrealized Loss						Fair Value						Unrealized Loss						Fair Value						Unrealized Loss
U.S. Government sponsored entities			$	23,733					$	(553)					$	37,911					$	(1,215)					$	61,644					$	(1,768)
State & political subdivisions			55,636						(1,399)						5,026						(283)						60,662						(1,682)
Residential & multi-family mortgage			248,690						(4,837)						45,185						(1,676)						293,875						(6,513)
Corporate notes & bonds			6,466						(249)						3,806						(194)						10,272						(443)
Pooled SBA			4,394						(37)						127						(1)						4,521						(38)
			$	338,919					$	(7,075)					$	92,055					$	(3,369)					$	430,974					$	(10,444)

Trading Securities

Equity securities at March 31, 2022 and December 31, 2021 are as follows:

			March 31, 2022						December 31, 2021
Corporate equity securities			$	6,484					$	6,715
Mutual funds			2,383						2,566
Certificates of deposit			663						506
Corporate notes and bonds			562						579
Total			$	10,092					$	10,366

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

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