XML 37 R27.htm IDEA: XBRL DOCUMENT v3.21.1

AFS Securities (Tables)

3 Months Ended

Mar. 31, 2021

Investments, Debt and Equity Securities [Abstract]

Amortized cost and fair value of available-for-sale securities

The amortized cost and fair value of AFS securities, with gross unrealized gains and losses, are as follows at:

			March 31, 2021
			Amortized Cost						Gross Unrealized Gains						Gross Unrealized Losses						Fair Value
U.S. Treasury			$	29,484					$	—					$	113					$	29,371
States and political subdivisions			136,261						4,133						65						140,329
Auction rate money market preferred			3,200						24						—						3,224
Mortgage-backed securities			73,687						2,148						—						75,835
Collateralized mortgage obligations			113,275						3,593						3						116,865
Corporate			1,700						—						—						1,700
Total			$	357,607					$	9,898					$	181					$	367,324

			December 31, 2020
			Amortized Cost						Gross Unrealized Gains						Gross Unrealized Losses						Fair Value
States and political subdivisions			$	137,710					$	5,946					$	—					$	143,656
Auction rate money market preferred			3,200						37						—						3,237
Mortgage-backed securities			85,926						2,726						—						88,652
Collateralized mortgage obligations			97,430						4,553						—						101,983
Corporate			1,700						—						—						1,700
Total			$	325,966					$	13,262					$	—					$	339,228

Amortized cost and fair value of available-for-sale securities by contractual maturity

The amortized cost and fair value of AFS securities by contractual maturity at March 31, 2021 are as follows:

			Maturing																								Securities with Variable Monthly Payments or Noncontractual Maturities
			Due in One Year or Less						After One Year But Within Five Years						After Five Years But Within Ten Years						After Ten Years												Total
U.S. Treasury			$	—					$	19,774					$	9,710					$	—					$	—					$	29,484
States and political subdivisions			22,079						63,279						23,655						27,248						—						136,261
Auction rate money market preferred			—						—						—						—						3,200						3,200
Mortgage-backed securities			—						—						—						—						73,687						73,687
Collateralized mortgage obligations			—						—						—						—						113,275						113,275
Corporate			—						—						1,700						—						—						1,700
Total amortized cost			$	22,079					$	83,053					$	35,065					$	27,248					$	190,162					$	357,607
Fair value			$	22,137					$	84,508					$	36,247					$	28,508					$	195,924					$	367,324

Schedule of Realized Gain (Loss) [Table Text Block]

A summary of the sales activity of AFS securities was as follows for the:

									Three Months Ended March 31
															2021						2020
Proceeds from sales of AFS securities															$	—					$	26,855
Realized gains (losses)															$	—					$	71
Applicable income tax expense (benefit)															$	—					$	15

Available-for-sale securities with gross unrealized losses

The following information pertains to AFS securities with gross unrealized losses at March 31, 2021, aggregated by investment category and length of time that individual securities have been in a continuous loss position. There were no AFS securities with gross unrealized losses in a continuous loss position at December 31, 2020.

			March 31, 2021
			Less Than Twelve Months												Twelve Months or More
			Gross Unrealized Losses						Fair Value						Gross Unrealized Losses						Fair Value						Total Unrealized Losses
U.S. Treasury			$	113					$	29,370					$	—					$	—					$	113
States and political subdivisions			65						5,442						—						—						65
Collateralized mortgage obligations			3						10,023						—						—						3
Total			$	181					$	44,835					$	—					$	—					$	181
Number of securities in an unrealized loss position:									6												—						6

X

- Definition

Tabular disclosure of fair value of investments in debt and equity securities in an unrealized loss position categorized neither as held-to-maturity nor trading securities.

+ References

No definition available.

+ Details

Name:	us-gaap_AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValueTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

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

+ References

No definition available.

+ Details

Name:	us-gaap_InvestmentsClassifiedByContractualMaturityDateTableTextBlock
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 the reconciliation of available-for-sale securities from cost basis to fair value.

+ References

No definition available.

+ Details

Name:	us-gaap_ScheduleOfAvailableForSaleSecuritiesReconciliationTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

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

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 320
-SubTopic 10
-Section 50
-Paragraph 9
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=118939692&loc=d3e27357-111563

+ Details

Name:	us-gaap_ScheduleOfRealizedGainLossTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration