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SECURITIES AVAILABLE FOR SALE (Tables)

12 Months Ended

Dec. 31, 2018

Investments, Debt and Equity Securities [Abstract]

Summary of Amortized Cost and Fair Value and Corresponding Amounts of Gross Unrealized Gains and Losses

The following table summarizes amortized cost and fair value of AFS securities, and the corresponding amounts of gross unrealized gains and losses recognized in AOCI, at December 31, 2018 and 2017.

(Dollars in thousands)			Amortized Cost						Gross Unrealized Gains						Gross Unrealized Losses						Fair Value
December 31, 2018
States and political subdivisions			$	144,596					$	1,919					$	1,511					$	145,004
GSE residential CMOs			110,421						332						2,689						108,064
Private label residential CMOs			144						0						1						143
Private label commercial CMOs			75,911						55						921						75,045
Asset-backed and other			138,535						126						1,073						137,588
Totals			$	469,607					$	2,432					$	6,195					$	465,844
December 31, 2017
States and political subdivisions			$	153,803					$	6,133					$	478					$	159,458
GSE residential MBSs			48,600						930						0						49,530
GSE residential CMOs			113,658						296						2,835						111,119
Private label residential CMOs			999						4						0						1,003
Private label commercial CMOs			7,809						0						156						7,653
Asset-backed and other			86,837						133						425						86,545
Totals			$	411,706					$	7,496					$	3,894					$	415,308

Summary of Securities Available For Sale With Unrealized Losses

The following table summarizes AFS securities with unrealized losses at December 31, 2018 and 2017, aggregated by major security type and length of time in a continuous unrealized loss position.

			Less Than 12 Months																														12 Months or More																														Total
(Dollars in thousands)			# of Securities						Fair Value						Unrealized Losses						# of Securities						Fair Value						Unrealized Losses						# of Securities						Fair Value						Unrealized Losses
December 31, 2018
States and political subdivisions			27						$	46,585					$	662					6						$	23,036					$	849					33						$	69,621					$	1,511
GSE residential CMOs			1						18,037						122						7						46,168						2,567						8						64,205						2,689
Private label residential CMOs			1						143						1						0						0						0						1						143						1
Private label commercial CMOs			11						56,499						712						2						6,349						209						13						62,848						921
Asset-backed and other			6						78,900						859						3						10,808						214						9						89,708						1,073
Totals			46						$	200,164					$	2,356					18						$	86,361					$	3,839					64						$	286,525					$	6,195
December 31, 2017
States and political subdivisions			7						$	24,577					$	473					1						$	5,585					$	5					8						$	30,162					$	478
GSE residential CMOs			4						25,155						914						5						37,459						1,921						9						62,614						2,835
Private label commercial CMOs			2						7,653						156						0						0						0						2						7,653						156
Asset-backed and other			6						60,006						425						0						0						0						6						60,006						425
Totals			19						$	117,391					$	1,968					6						$	43,044					$	1,926					25						$	160,435					$	3,894

Summary of Amortized Cost and Fair Value by Contractual Maturity

The following table summarizes amortized cost and fair value of AFS securities by contractual maturity at December 31, 2018. Expected maturities may differ from contractual maturities if borrowers have the right to call or prepay obligations with or without call or prepayment penalties. Securities not due at a single maturity date are shown separately.

			Available for Sale
(Dollars in thousands)			Amortized Cost						Fair Value
Due in one year or less			$	799					$	800
Due after one year through five years			2,531						2,542
Due after five years through ten years			37,168						37,229
Due after ten years			104,098						104,433
CMOs			186,476						183,252
Asset-backed and other			138,535						137,588
			$	469,607					$	465,844

Summary of Proceeds from Sale of Available for Sale Securities

The following table summarizes proceeds from sales of AFS securities and gross gains and gross losses for the years ended December 31. 

(Dollars in thousands)			2018						2017						2016
Proceeds from sale of AFS securities			$	156,364					$	162,320					$	64,742
Gross gains			1,681						1,477						1,468
Gross losses			675						287						48

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- Definition

Tabular disclosure of available-for-sale securities which includes, but is not limited to, changes in the cost basis and fair value, fair value and gross unrealized gain (loss), fair values by type of security, contractual maturity and classification, amortized cost basis, contracts to acquire securities to be accounted for as available-for-sale, debt maturities, transfers to trading, change in net unrealized holding gain (loss) net of tax, continuous unrealized loss position fair value, aggregate losses qualitative disclosures, other than temporary impairment (OTTI) losses or other disclosures related to available for sale securities.

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

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Tabular disclosure of the proceeds from sales of available-for-sale securities and the gross realized gains and gross realized losses that have been included in earnings as a result of those sales.

+ References

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 320
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-Section 50
-Paragraph 9
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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

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 320
-SubTopic 10
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