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Securities (Tables)
 9 Months Ended
Sep. 30, 2016
Investments, Debt and Equity Securities [Abstract]  
Schedule of Available-for-sale Securities Reconciliation
The following tables summarize securities available-for-sale and securities held-to-maturity as of September 30, 2016 and December 31, 2015. There were no securities held-to-maturity as of December 31, 2015.
 
 
September 30, 2016
 
 
Amortized
 
Gross Unrealized
 
Fair
 
 
Cost
 
Gains
 
Losses
 
Value
Securities available-for-sale
 
 

 
 

 
 

 
 

U.S. Government-sponsored agencies
 
$
85,630

 
$
652

 
$
(292
)
 
$
85,990

Municipal securities
 
96,665

 
1,345

 
(509
)
 
97,501

Mortgage-backed securities
 
244,780

 
1,715

 
(410
)
 
246,085

Asset-backed securities
 
19,464

 
59

 
(27
)
 
19,496

Corporate securities
 
20,000

 
—

 
(1,120
)
 
18,880

Other securities
 
3,000

 
26

 
—

 
3,026

Total available-for-sale
 
$
469,539

 
$
3,797

 
$
(2,358
)
 
$
470,978
Schedule Of Held-To-Maturity Securities Reconciliation
 
 
September 30, 2016
 
 
Amortized
 
Gross Unrealized
 
Fair
 
 
Cost
 
Gains
 
Losses
 
Value
Securities held-to-maturity
 
 

 
 

 
 

 
 

Corporate securities
 
$
5,500

 
$
78

 
$
—

 
$
5,578

Total held-to-maturity
 
$
5,500

 
$
78

 
$
—

 
$
5,578
Schedule of Classification of Available for Sale Securities Investment
The following tables summarize securities available-for-sale and securities held-to-maturity as of September 30, 2016 and December 31, 2015. There were no securities held-to-maturity as of December 31, 2015.
 
 
September 30, 2016
 
 
Amortized
 
Gross Unrealized
 
Fair
 
 
Cost
 
Gains
 
Losses
 
Value
Securities available-for-sale
 
 

 
 

 
 

 
 

U.S. Government-sponsored agencies
 
$
85,630

 
$
652

 
$
(292
)
 
$
85,990

Municipal securities
 
96,665

 
1,345

 
(509
)
 
97,501

Mortgage-backed securities
 
244,780

 
1,715

 
(410
)
 
246,085

Asset-backed securities
 
19,464

 
59

 
(27
)
 
19,496

Corporate securities
 
20,000

 
—

 
(1,120
)
 
18,880

Other securities
 
3,000

 
26

 
—

 
3,026

Total available-for-sale
 
$
469,539

 
$
3,797

 
$
(2,358
)
 
$
470,978


 
 
September 30, 2016
 
 
Amortized
 
Gross Unrealized
 
Fair
 
 
Cost
 
Gains
 
Losses
 
Value
Securities held-to-maturity
 
 

 
 

 
 

 
 

Corporate securities
 
$
5,500

 
$
78

 
$
—

 
$
5,578

Total held-to-maturity
 
$
5,500

 
$
78

 
$
—

 
$
5,578


 
 
 
December 31, 2015
 
 
Amortized
 
Gross Unrealized
 
Fair
 
 
Cost
 
Gains
 
Losses
 
Value
Securities available-for-sale
 
 

 
 

 
 

 
 

U.S. Government-sponsored agencies
 
$
38,093

 
$
139

 
$
(482
)
 
$
37,750

Municipal securities
 
21,091

 
385

 
(7
)
 
21,469

Mortgage-backed securities
 
113,948

 
110

 
(1,006
)
 
113,052

Asset-backed securities
 
19,444

 
—

 
(83
)
 
19,361

Corporate securities
 
20,000

 
—

 
(913
)
 
19,087

Other securities
 
3,000

 
—

 
(21
)
 
2,979

Total available-for-sale
 
$
215,576

 
$
634

 
$
(2,512
)
 
$
213,698
Available-for-sale Securities
The carrying value of securities at September 30, 2016 is shown below by their contractual maturity date. Actual maturities will differ because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties.
 
 
Available-for-Sale
 
 
Amortized
Cost
 
Fair
Value
Within one year
 
$
—

 
$
—

One to five years
 
298

 
263

Five to ten years
 
36,851

 
36,536

After ten years
 
165,146

 
165,572

 
 
202,295

 
202,371

Mortgage-backed securities
 
244,780

 
246,085

Asset-backed securities
 
19,464

 
19,496

Other securities
 
3,000

 
3,026

Total
 
$
469,539

 
$
470,978
Held-to-maturity Securities
 
 
Held-to-Maturity
 
 
Amortized
Cost
 
Fair
Value
Five to ten years
 
$
5,500

 
$
5,578

Total
 
$
5,500

 
$
5,578
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value
The following tables show the available-for-sale securities portfolio’s gross unrealized losses and fair value, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position at September 30, 2016 and December 31, 2015. 
 
 
September 30, 2016
 
 
Less Than 12 Months
 
12 Months or Longer
 
Total
 
 
Fair
Value
 
Unrealized
Losses
 
Fair
Value
 
Unrealized
Losses
 
Fair
Value
 
Unrealized
Losses
Securities available-for-sale
 
 

 
 

 
 

 
 

 
 

 
 

U.S. Government-sponsored agencies
 
$
29,919

 
$
(257
)
 
$
263

 
$
(35
)
 
$
30,182

 
$
(292
)
Municipal securities
 
38,854

 
(509
)
 
—

 
—

 
38,854

 
(509
)
Mortgage-backed securities
 
64,526

 
(410
)
 
—

 
—

 
64,526

 
(410
)
Asset-backed securities
 
4,913

 
(9
)
 
9,589

 
(18
)
 
14,502

 
(27
)
Corporate securities
 
4,861

 
(139
)
 
14,019

 
(981
)
 
18,880

 
(1,120
)
Total
 
$
143,073

 
$
(1,324
)
 
$
23,871

 
$
(1,034
)
 
$
166,944

 
$
(2,358
)
 
 
 
December 31, 2015
 
 
Less Than 12 Months
 
12 Months or Longer
 
Total
 
 
Fair
Value
 
Unrealized
Losses
 
Fair
Value
 
Unrealized
Losses
 
Fair
Value
 
Unrealized
Losses
Securities available-for-sale
 
 

 
 

 
 

 
 

 
 

 
 

U.S. Government-sponsored agencies
 
$
18,289

 
$
(237
)
 
$
8,537

 
$
(245
)
 
$
26,826

 
$
(482
)
Municipal securities
 
1,026

 
(7
)
 
—

 
—

 
1,026

 
(7
)
Mortgage-backed securities
 
74,198

 
(562
)
 
22,655

 
(444
)
 
96,853

 
(1,006
)
Asset-backed securities
 
19,361

 
(83
)
 
—

 
—

 
19,361

 
(83
)
Corporate securities
 
19,087

 
(913
)
 
—

 
—

 
19,087

 
(913
)
Other securities
 
2,979

 
(21
)
 
—

 
—

 
2,979

 
(21
)
Total
 
$
134,940

 
$
(1,823
)
 
$
31,192

 
$
(689
)
 
$
166,132

 
$
(2,512
)
Reclassification out of Accumulated Other Comprehensive Income
Amounts reclassified from accumulated other comprehensive income (loss) and the affected line items in the consolidated statements of income during the three and nine months ended September 30, 2016 were as follows:
Details About Accumulated Other Comprehensive Income (Loss) Components
 
Amounts Reclassified from
Accumulated Other Comprehensive Income (Loss) for the
 
Affected Line Item in the
Statements of Income
 
Three Months Ended September 30, 2016
 
Nine Months Ended September 30, 2016
 
Unrealized gains and losses on securities available-for-sale
 
 

 
 

 
 
Gain realized in earnings
 
$
—

 
$
177

 
Gain on sale of securities
Total reclassified amount before tax
 
—

 
177

 
Income Before Income Taxes
Tax expense
 
—

 
60

 
Income Tax Provision
Total reclassifications out of accumulated other comprehensive income (loss)
 
$
—

 
$
117

 
Net Income