XML 34 R23.htm IDEA: XBRL DOCUMENT
v3.20.2

Investment Securities (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2020
Investments, Debt and Equity Securities [Abstract] |
Debt Securities, Available-For-Sale | The following table is the schedule of Available-For-Sale Securities at September 30, 2020, December 31, 2019 and September 30, 2019:
Available-For-Sale Securities
|  | U.S. Government & Agency Obligations |  | State and Municipal Obligations |  | Mortgage- Backed Securities |  | Corporate and Other Debt Securities |  |  |  | Total Available- For-Sale Securities
September 30, 2020 |  |  |  |  |  |  |  |  |  |  |  |
Available-For-Sale Securities, at Amortized Cost |  | $ | 35,001 |  |  | $ | 593 |  |  | $ | 329,887 |  |  | $ | 1,000 |  |  |  |  | $ | 366,481 |
Gross Unrealized Gains |  | 184 |  |  | — |  |  | 8,700 |  |  | — |  |  |  |  | 8,884 |
Gross Unrealized Losses |  | (18) |  |  | — |  |  | (219) |  |  | (200) |  |  |  |  | (437) |
Available-For-Sale Securities, at Fair Value |  | 35,167 |  |  | 593 |  |  | 338,368 |  |  | 800 |  |  |  |  | 374,928 |
Available-For-Sale Securities, Pledged as Collateral, at Fair Value |  |  |  |  |  |  |  |  |  |  |  | 308,879 |
Maturities of Debt Securities, at Amortized Cost: |  |  |  |  |  |  |  |  |  |  |  |
Within One Year |  | $ | — |  |  | $ | 68 |  |  | $ | 7,383 |  |  | $ | — |  |  |  |  | $ | 7,451 |
From 1 - 5 Years |  | 20,001 |  |  | 125 |  |  | 297,144 |  |  | — |  |  |  |  | 317,270 |
From 5 - 10 Years |  | 15,000 |  |  | 400 |  |  | 25,360 |  |  | 1,000 |  |  |  |  | 41,760 |
Over 10 Years |  | — |  |  | — |  |  | — |  |  | — |  |  |  |  | — |
Maturities of Debt Securities, at Fair Value: |  |  |  |  |  |  |  |  |  |  |  |
Within One Year |  | $ | — |  |  | $ | 68 |  |  | $ | 7,575 |  |  | $ | — |  |  |  |  | $ | 7,643 |
From 1 - 5 Years |  | 20,171 |  |  | 125 |  |  | 305,562 |  |  | — |  |  |  |  | 325,858 |
From 5 - 10 Years |  | 14,996 |  |  | 400 |  |  | 25,231 |  |  | 800 |  |  |  |  | 41,427 |
Over 10 Years |  | — |  |  | — |  |  | — |  |  | — |  |  |  |  | — |
Securities in a Continuous Loss Position, at Fair Value: |  |  |  |  |  |  |  |  |  |  |  |
Less than 12 Months |  | $ | 29,982 |  |  | $ | — |  |  | $ | 13,847 |  |  | $ | — |  |  |  |  | $ | 43,829 |
12 Months or Longer |  | — |  |  | — |  |  | 54,239 |  |  | 800 |  |  |  |  | 55,039 |
Total |  | $ | 29,982 |  |  | $ | — |  |  | $ | 68,086 |  |  | $ | 800 |  |  |  |  | $ | 98,868 |
Number of Securities in a Continuous Loss Position |  | 4 |  |  | — |  |  | 26 |  |  | 1 |  |  |  |  | 31 |
Unrealized Losses on Securities in a Continuous Loss Position: |  |  |  |  |  |  |  |  |  |  |  |
Less than 12 Months |  | $ | 18 |  |  | $ | — |  |  | $ | 36 |  |  | $ | — |  |  |  |  | $ | 54 |
12 Months or Longer |  | — |  |  | — |  |  | 183 |  |  | 200 |  |  |  |  | 383 |
Total |  | $ | 18 |  |  | $ | — |  |  | $ | 219 |  |  | $ | 200 |  |  |  |  | $ | 437 |
Disaggregated Details: |  |  |  |  |  |  |  |  |  |  |  |
US Agency Obligations, at Amortized Cost |  | $ | 35,001 |  |  |  |  |  |  |  |  |  |  |
US Agency Obligations, at Fair Value |  | 35,167 |  |  |  |  |  |  |  |  |  |  |
US Government Agency Securities, at Amortized Cost |  |  |  |  |  | $ | 69,575 |  |  |  |  |  |  |
US Government Agency Securities, at Fair Value |  |  |  |  |  | 69,407 |  |  |  |  |  |  |
Government Sponsored Entity Securities, at Amortized Cost |  |  |  |  |  | 260,312 |  |  |  |  |  |  |
Government Sponsored Entity Securities, at Fair Value |  |  |  |  |  | 268,961 |  |  |  |  |  |  |
Available-For-Sale Securities
|  | U.S. Government & Agency Obligations |  | State and Municipal Obligations |  | Mortgage- Backed Securities |  | Corporate and Other Debt Securities |  |  |  | Total Available- For-Sale Securities
December 31, 2019 |  |  |  |  |  |  |  |  |  |  |  |
Available-For-Sale Securities, at Amortized Cost |  | $ | 5,002 |  |  | $ | 764 |  |  | $ | 349,944 |  |  | $ | 1,000 |  |  |  |  | $ | 356,710 |
Gross Unrealized Gains |  | 52 |  |  | — |  |  | 1,852 |  |  | — |  |  |  |  | 1,904 |
Gross Unrealized Losses |  | — |  |  | — |  |  | (1,080) |  |  | (200) |  |  |  |  | (1,280) |
Available-For-Sale Securities, at Fair Value |  | 5,054 |  |  | 764 |  |  | 350,716 |  |  | 800 |  |  |  |  | 357,334 |
Available-For-Sale Securities, Pledged as Collateral, at Fair Value |  |  |  |  |  |  |  |  |  |  |  | 164,426 |
Securities in a Continuous Loss Position, at Fair Value: |  |  |  |  |  |  |  |  |  |  |  |
Less than 12 Months |  | $ | — |  |  | $ | — |  |  | $ | 52,491 |  |  | $ | — |  |  |  |  | $ | 52,491 |
12 Months or Longer |  | — |  |  | — |  |  | 97,164 |  |  | 800 |  |  |  |  | 97,964 |
Total |  | $ | — |  |  | $ | — |  |  | $ | 149,655 |  |  | $ | 800 |  |  |  |  | $ | 150,455 |
Number of Securities in a Continuous Loss Position |  | — |  |  | — |  |  | 54 |  |  | 1 |  |  |  |  | 55 |
Unrealized Losses on Securities in a Continuous Loss Position: |  |  |  |  |  |  |  |  |  |  |  |
Less than 12 Months |  | $ | — |  |  | $ | — |  |  | $ | 317 |  |  | $ | — |  |  |  |  | $ | 317 |
12 Months or Longer |  | — |  |  | — |  |  | 763 |  |  | 200 |  |  |  |  | 963 |
Total |  | $ | — |  |  | $ | — |  |  | $ | 1,080 |  |  | $ | 200 |  |  |  |  | $ | 1,280 |
Disaggregated Details: |  |  |  |  |  |  |  |  |  |  |  |
US Agency Obligations, at Amortized Cost |  | $ | 5,002 |  |  |  |  |  |  |  |  |  |  |
US Agency Obligations, at Fair Value |  | 5,054 |  |  |  |  |  |  |  |  |  |  |
US Government Agency Securities, at Amortized Cost |  |  |  |  |  | $ | 61,102 |  |  |  |  |  |  |
US Government Agency Securities, at Fair Value |  |  |  |  |  | 60,616 |  |  |  |  |  |  |
Government Sponsored Entity Securities, at Amortized Cost |  |  |  |  |  | 288,842 |  |  |  |  |  |  |
Government Sponsored Entity Securities, at Fair Value |  |  |  |  |  | 290,100 |  |  |  |  |  |  |
Available-For-Sale Securities
|  | U.S. Government & Agency Obligations |  | State and Municipal Obligations |  | Mortgage- Backed Securities |  | Corporate and Other Debt Securities |  |  |  | Total Available- For-Sale Securities
September 30, 2019 |  |  |  |  |  |  |  |  |  |  |  |
Available-For-Sale Securities, at Amortized Cost |  | $ | 5,003 |  |  | $ | 965 |  |  | $ | 306,374 |  |  | $ | 1,000 |  |  |  |  | $ | 313,342 |
Gross Unrealized Gains |  | 53 |  |  | — |  |  | 1,482 |  |  | — |  |  |  |  | 1,535 |
Gross Unrealized Losses |  | — |  |  | — |  |  | (495) |  |  | (200) |  |  |  |  | (695) |
Available-For-Sale Securities, at Fair Value |  | 5,056 |  |  | 965 |  |  | 307,361 |  |  | 800 |  |  |  |  | 314,182 |
Available-For-Sale Securities, Pledged as Collateral, at Fair Value |  |  |  |  |  |  |  |  |  |  |  | 232,043 |
Securities in a Continuous Loss Position, at Fair Value: |  |  |  |  |  |  |  |  |  |  |  |
Less than 12 Months |  | $ | — |  |  | $ | — |  |  | $ | 4,763 |  |  | $ | — |  |  |  |  | $ | 4,763 |
12 Months or Longer |  | — |  |  | — |  |  | 114,483 |  |  | 800 |  |  |  |  | 115,283 |
Total |  | $ | — |  |  | $ | — |  |  | $ | 119,246 |  |  | $ | 800 |  |  |  |  | $ | 120,046 |
Number of Securities in a Continuous Loss Position |  | — |  |  | — |  |  | 48 |  |  | 1 |  |  |  |  | 49 |
Unrealized Losses on Securities in a Continuous Loss Position: |  |  |  |  |  |  |  |  |  |  |  |
Less than 12 Months |  | $ | — |  |  | $ | — |  |  | $ | 70 |  |  | $ | — |  |  |  |  | $ | 70 |
12 Months or Longer |  | — |  |  | — |  |  | 425 |  |  | 200 |  |  |  |  | 625 |
Total |  | $ | — |  |  | $ | — |  |  | $ | 495 |  |  | $ | 200 |  |  |  |  | $ | 695 |
Disaggregated Details: |  |  |  |  |  |  |  |  |  |  |  |
US Agency Obligations, at Amortized Cost |  | $ | 5,003 |  |  |  |  |  |  |  |  |  |  |
US Agency Obligations, at Fair Value |  | 5,056 |  |  |  |  |  |  |  |  |  |  |
US Government Agency Securities, at Amortized Cost |  |  |  |  |  | $ | 64,455 |  |  |  |  |  |  |
US Government Agency Securities, at Fair Value |  |  |  |  |  | 64,364 |  |  |  |  |  |  |
Government Sponsored Entity Securities, at Amortized Cost |  |  |  |  |  | 241,919 |  |  |  |  |  |  |
Government Sponsored Entity Securities, at Fair Value |  |  |  |  |  | 242,997 |  |  |  |  |  |  |
Held-To-Maturity Securities | The following table is the schedule of Held-To-Maturity Securities at September 30, 2020, December 31, 2019 and September 30, 2019:
Held-To-Maturity Securities
|  | State and Municipal Obligations |  | Mortgage- Backed Securities |  |  |  | Total Held-To Maturity Securities
September 30, 2020 |  |  |  |  |  |  |  |
Held-To-Maturity Securities, at Amortized Cost |  | $ | 195,735 |  |  | $ | 29,064 |  |  |  |  | $ | 224,799 |
Gross Unrealized Gains |  | 7,488 |  |  | 1,257 |  |  |  |  | 8,745 |
Gross Unrealized Losses |  | (43) |  |  | — |  |  |  |  | (43) |
Held-To-Maturity Securities, at Fair Value |  | 203,180 |  |  | 30,321 |  |  |  |  | 233,501 |
Held-To-Maturity Securities, Pledged as Collateral, at Fair Value |  |  |  |  |  |  |  | 221,844 |
Maturities of Debt Securities, at Amortized Cost: |  |  |  |  |  |  |  |
Within One Year |  | $ | 15,605 |  |  | $ | 4,685 |  |  |  |  | $ | 20,290 |
From 1 - 5 Years |  | 138,412 |  |  | 24,379 |  |  |  |  | 162,791 |
From 5 - 10 Years |  | 40,656 |  |  | — |  |  |  |  | 40,656 |
Over 10 Years |  | 1,062 |  |  | — |  |  |  |  | 1,062 |
Maturities of Debt Securities, at Fair Value: |  |  |  |  |  |  |  |
Within One Year |  | $ | 15,677 |  |  | $ | 4,812 |  |  |  |  | $ | 20,489 |
From 1 - 5 Years |  | 143,598 |  |  | 25,509 |  |  |  |  | 169,107 |
From 5 - 10 Years |  | 42,825 |  |  | — |  |  |  |  | 42,825 |
Over 10 Years |  | 1,080 |  |  | — |  |  |  |  | 1,080 |
Securities in a Continuous Loss Position, at Fair Value: |  |  |  |  |  |  |  |
Less than 12 Months |  | $ | 1,476 |  |  | $ | — |  |  |  |  | $ | 1,476 |
12 Months or Longer |  | — |  |  | — |  |  |  |  | — |
Total |  | $ | 1,476 |  |  | $ | — |  |  |  |  | $ | 1,476 |
Number of Securities in a Continuous Loss Position |  | 4 |  |  | — |  |  |  |  | 4 |
Unrealized Losses on Securities in a Continuous Loss Position: |  |  |  |  |  |  |  |
Less than 12 Months |  | $ | 42 |  |  | $ | — |  |  |  |  | $ | 42 |
12 Months or Longer |  | 1 |  |  | — |  |  |  |  | 1 |
Total |  | $ | 43 |  |  | $ | — |  |  |  |  | $ | 43 |
Disaggregated Details: |  |  |  |  |  |  |  |
US Government Agency Securities, at Amortized Cost |  |  |  | $ | 10,669 |  |  |  |  |
US Government Agency Securities, at Fair Value |  |  |  | 11,049 |  |  |  |  |
Government Sponsored Entity Securities, at Amortized Cost |  |  |  | 18,395 |  |  |  |  |
Government Sponsored Entity Securities, at Fair Value |  |  |  | 19,272 |  |  |  |  |
Held-To-Maturity Securities
|  | State and Municipal Obligations |  | Mortgage- Backed Securities |  |  |  | Total Held-To Maturity Securities
December 31, 2019 |  |  |  |  |  |  |  |
Held-To-Maturity Securities, at Amortized Cost |  | $ | 208,243 |  |  | $ | 36,822 |  |  |  |  | $ | 245,065 |
Gross Unrealized Gains |  | 4,170 |  |  | 477 |  |  |  |  | 4,647 |
Gross Unrealized Losses |  | (94) |  |  | — |  |  |  |  | (94) |
Held-To-Maturity Securities, at Fair Value |  | 212,319 |  |  | 37,299 |  |  |  |  | 249,618 |
Held-To-Maturity Securities, Pledged as Collateral, at Fair Value |  |  |  |  |  |  |  | 237,969 |
Securities in a Continuous Loss Position, at Fair Value: |  |  |  |  |  |  |  |
Less than 12 Months |  | $ | 1,438 |  |  | $ | — |  |  |  |  | $ | 1,438 |
12 Months or Longer |  | 1,994 |  |  | — |  |  |  |  | 1,994 |
Total |  | $ | 3,432 |  |  | $ | — |  |  |  |  | $ | 3,432 |
Number of Securities in a Continuous Loss Position |  | 10 |  |  | — |  |  |  |  | 10 |
Unrealized Losses on Securities in a Continuous Loss Position: |  |  |  |  |  |  |  |
Less than 12 Months |  | $ | 85 |  |  | $ | — |  |  |  |  | $ | 85 |
12 Months or Longer |  | 9 |  |  | — |  |  |  |  | 9 |
Total |  | $ | 94 |  |  | $ | — |  |  |  |  | $ | 94 |
Disaggregated Details: |  |  |  |  |  |  |  |
US Government Agency Securities, at Amortized Cost |  |  |  | $ | 1,703 |  |  |  |  |
US Government Agency Securities, at Fair Value |  |  |  | 1,720 |  |  |  |  |
Government Sponsored Entity Securities, at Amortized Cost |  |  |  | 35,119 |  |  |  |  |
Government Sponsored Entity Securities, at Fair Value |  |  |  | 35,579 |  |  |  |  |
September 30, 2019 |  |  |  |  |  |  |  |
Held-To-Maturity Securities, at Amortized Cost |  | $ | 215,661 |  |  | $ | 39,434 |  |  |  |  | $ | 255,095 |
Gross Unrealized Gains |  | 3,669 |  |  | 408 |  |  |  |  | 4,077 |
Gross Unrealized Losses |  | (34) |  |  | (10) |  |  |  |  | (44) |
Held-To-Maturity Securities, at Fair Value |  | 219,296 |  |  | 39,832 |  |  |  |  | 259,128 |
Held-To-Maturity Securities, Pledged as Collateral, at Fair Value |  |  |  |  |  |  |  | 244,373 |
Securities in a Continuous Loss Position, at Fair Value: |  |  |  |  |  |  |  |
Less than 12 Months |  | $ | 763 |  |  | $ | 3,082 |  |  |  |  | $ | 3,845 |
12 Months or Longer |  | 6,764 |  |  | 1,711 |  |  |  |  | 8,475 |
Total |  | $ | 7,527 |  |  | $ | 4,793 |  |  |  |  | $ | 12,320 |
Number of Securities in a Continuous Loss Position |  | 19 |  |  | 19 |  |  |  |  | 38 |
Held-To-Maturity Securities
|  | State and Municipal Obligations |  | Mortgage- Backed Securities |  |  |  | Total Held-To Maturity Securities
Unrealized Losses on Securities in a Continuous Loss Position: |  |  |  |  |  |  |  |
Less than 12 Months |  | $ | 1 |  |  | $ | 9 |  |  |  |  | $ | 10 |
12 Months or Longer |  | 33 |  |  | 1 |  |  |  |  | 34 |
Total |  | $ | 34 |  |  | $ | 10 |  |  |  |  | $ | 44 |
Disaggregated Details: |  |  |  |  |  |  |  |
US Government Agency Securities, at Amortized Cost |  |  |  | $ | 1,844 |  |  |  |  |
US Government Agency Securities, at Fair Value |  |  |  | 1,854 |  |  |  |  |
Government Sponsored Entity Securities, at Amortized Cost |  |  |  | 37,590 |  |  |  |  |
Government Sponsored Entity Securities, at Fair Value |  |  |  | 37,978 |  |  |  |  |
Debt Securities, Trading, and Equity Securities, FV-NI | The following table is the schedule of Equity Securities at September 30, 2020, December 31, 2019 and September 30, 2019:
Equity Securities
|  | September 30, 2020 | December 31, 2019 | September 30, 2019
Equity Securities, at Fair Value |  | $1,511 | $2,063 | $1,996
Unrealized Gain (Loss) on Investments | The following is a summary of realized and unrealized gains and losses recognized in net income on equity securities during the three and nine month periods ended September 30, 2020 and 2019:
| Quarterly Period Ended: |  | Year-to-Date Period Ended:
| September 30, 2020 |  |  |  | September 30, 2019 |  | September 30, 2020 |  | September 30, 2019 |  |
Net (Loss) Gain on Equity Securities | $ | (72) |  |  |  |  | $ | 146 |  |  | $ | (552) |  |  | $ | 222 |  |  |
Less: Net gain (loss) recognized during the reporting period on equity securities sold during the period | — |  |  |  |  | — |  |  | — |  |  | — |  |  |
Unrealized net (loss) gain recognized during the reporting period on equity securities still held at the reporting date | $ | (72) |  |  |  |  | $ | 146 |  |  | $ | (552) |  |  | $ | 222 |  |  |

X
- Definition Tabular disclosure of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -URI http://asc.fasb.org/topic&trid=2196928 + Details
Name: | us-gaap_DebtSecuritiesAvailableForSaleTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of realized and unrealized gain (loss) on investment in security. + References No definition available. + Details
Name: | us-gaap_GainLossOnInvestmentsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information about investment in debt security measured at amortized cost (held-to-maturity). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 5B -URI http://asc.fasb.org/extlink&oid=121645371&loc=SL120269825-111563 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 5A -URI http://asc.fasb.org/extlink&oid=121645371&loc=SL120269820-111563 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=121645371&loc=d3e27232-111563 + Details
Name: | us-gaap_HeldToMaturitySecuritiesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of investment in debt security measured at fair value with change in fair value recognized in net income (trading) and investment in equity security measured at fair value with change in fair value recognized in net income (FV-NI). + References No definition available. + Details
Name: | us-gaap_TradingSecuritiesAndCertainTradingAssetsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration