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Securities (Tables)

12 Months Ended

Dec. 31, 2020

Investments Debt And Equity Securities [Abstract]

Available for Sale Securities

The amortized cost and fair value of available for sale securities and the related gross unrealized gains and losses recognized were as follows:

		Amortized Cost				Gross Unrealized Gains				Gross Unrealized Losses				Fair Value
2020
U.S. Treasury securities and obligations of    U.S. government agencies		$	21,479			$	220			$	( 6	)		$	21,693
Obligations of states and political subdivisions			208,013				21,000				( 1	)			229,012
Mortgage-back securities in government sponsored    entities			106,824				5,963				( 28	)			112,759
Total debt securities		$	336,316			$	27,183			$	( 35	)		$	363,464

		Amortized Cost				Gross Unrealized Gains				Gross Unrealized Losses				Fair Value
2019
U.S. Treasury securities and obligations of    U.S. government agencies		$	19,401			$	204			$	( 4	)		$	19,601
Obligations of states and political subdivisions			193,646				12,409				( 21	)			206,034
Mortgage-back securities in government sponsored    entities			129,145				3,863				( 144	)			132,864
Total debt securities		$	342,192			$	16,476			$	( 169	)		$	358,499

Fair Value of Securities by Contractual Maturity

The amortized cost and fair value of securities at year end 2020 by contractual maturity were as follows. Securities not due at a single maturity date, primarily mortgage-backed securities, are shown separately.

		Available for sale
		Amortized Cost				Fair Value
Due in one year or less		$	11,749			$	11,898
Due from one to five years			13,675				14,118
Due from five to ten years			28,114				30,236
Due after ten years			175,954				194,453
Mortgage-backed securities in government sponsored    entities			106,824				112,759
Total securities available for sale		$	336,316			$	363,464

Proceeds from Sales of Securities, Gross Realized Gains and Losses

Proceeds from sales of securities, gross realized gains and gross realized losses were as follows:

		2020				2019				2018
Sale proceeds		$	1,455			$	17,570			$	14,667
Gross realized gains			94				47				6
Gross realized losses			—				43				393
Gains (losses) from securities called or settled by the    issuer			—				28				( 26	)

Securities with Unrealized Losses Not Recognized in Income

Debt securities with unrealized losses at year end 2020 and 2019 not recognized in income were as follows:

2020		12 Months or less								More than 12 months								Total
Description of Securities		Fair Value				Unrealized Loss				Fair Value				Unrealized Loss				Fair Value				Unrealized Loss
U.S. Treasury securities and obligations of    U.S. government agencies		$	6,501			$	( 5	)		$	126			$	( 1	)		$	6,627			$	( 6	)
Obligations of states and political subdivisions			1,874				( 1	)			—				—				1,874				( 1	)
Mortgage-backed securities in gov’t sponsored    entities			5,755				( 28	)			—				—				5,755				( 28	)
Total temporarily impaired		$	14,130			$	( 34	)		$	126			$	( 1	)		$	14,256			$	( 35	)

2019		12 Months or less								More than 12 months								Total
Description of Securities		Fair Value				Unrealized Loss				Fair Value				Unrealized Loss				Fair Value				Unrealized Loss
U.S. Treasury securities and obligations of    U.S. government agencies		$	—			$	—			$	3,408			$	( 4	)		$	3,408			$	( 4	)
Obligations of states and political subdivisions			1,947				( 21	)			—				—				1,947				( 21	)
Mortgage-backed securities in gov’t sponsored    entities			10,653				( 91	)			7,732				( 53	)			18,385				( 144	)
Total temporarily impaired		$	12,600			$	( 112	)		$	11,140			$	( 57	)		$	23,740			$	( 169	)

Schedule of Net Gains and Losses on Equity Investments Recognized in Earnings and Portion of Unrealized Gains and Losses for Period that Relates to Equity Investments

The following table presents the net gains and losses on equity investments recognized in earnings at year-end 2020 and 2019, and the portion of unrealized gains and losses for the period that relates to equity investments held at year-end 2020 and 2019:

		2020				2019
Net gains (losses) recognized on equity securities during the    year		$	( 57	)		$	121
Less: Net gains realized on the sale of equity securities    during the period			6				—
Unrealized gains (losses) recognized in equity securities held    at December 31		$	( 51	)		$	121

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

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 320
-URI http://asc.fasb.org/topic&trid=2196928

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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
-SubTopic 10
-Section 50
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