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Securities (Tables)
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12 Months Ended |
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Dec. 31, 2014
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| Investments, Debt and Equity Securities [Abstract] |
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| Summary of Amortized Costs and Estimated Fair Values of Available-For-Sale Securities |
The following tables summarize the amortized costs and estimated fair values of AFS and HTM securities, as of the dates indicated: | | | | | | | | | | | | | | | | | | Amortized Cost | | Unrealized Gains | | Unrealized Losses | | Fair Value | December 31, 2014: | |
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| AFS Securities: | | | | | | | | Obligations of U.S. government-sponsored enterprises | $ | 4,962 |
| | $ | 65 |
| | $ | — |
| | $ | 5,027 |
| Obligations of states and political subdivisions | 26,080 |
| | 697 |
| | — |
| | 26,777 |
| Mortgage-backed securities issued or guaranteed by U.S. government-sponsored enterprises | 377,657 |
| | 5,656 |
| | (2,005 | ) | | 381,308 |
| Collateralized mortgage obligations issued or guaranteed by U.S. government-sponsored enterprises | 348,855 |
| | 953 |
| | (5,911 | ) | | 343,897 |
| Private issue collateralized mortgage obligations | 5,999 |
| | 63 |
| | (8 | ) | | 6,054 |
| Total AFS securities | $ | 763,553 |
| | $ | 7,434 |
| | $ | (7,924 | ) | | $ | 763,063 |
| HTM Securities: | | | | | | | | Obligations of states and political subdivisions | $ | 20,179 |
| | $ | 265 |
| | $ | (19 | ) | | $ | 20,425 |
| Total HTM securities | $ | 20,179 |
| | $ | 265 |
| | $ | (19 | ) | | $ | 20,425 |
| December 31, 2013: | |
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| AFS Securities: | | | | | | | | Obligations of states and political subdivisions | $ | 30,143 |
| | $ | 1,075 |
| | $ | (11 | ) | | $ | 31,207 |
| Mortgage-backed securities issued or guaranteed by U.S. government-sponsored enterprises | 397,409 |
| | 5,528 |
| | (7,034 | ) | | 395,903 |
| Collateralized mortgage obligations issued or guaranteed by U.S. government-sponsored enterprises | 385,847 |
| | 912 |
| | (12,324 | ) | | 374,435 |
| Private issue collateralized mortgage obligations | 7,329 |
| | 10 |
| | (407 | ) | | 6,932 |
| Total AFS securities | $ | 820,728 |
| | $ | 7,525 |
| | $ | (19,776 | ) | | $ | 808,477 |
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| Unrealized Gross Losses and Estimated Fair Values of Investment Securities by Length of Time that Individual Securities in Each Category in Continuous Loss Position |
The following table presents the estimated fair values and gross unrealized losses of investment securities that were in a continuous loss position at December 31, 2014 and 2013, by length of time that individual securities in each category have been in a continuous loss position: | | | | | | | | | | | | | | | | | | | | | | | | | | Less Than 12 Months | | 12 Months or More | | Total | | Fair Value | | Unrealized Losses | | Fair Value | | Unrealized Losses | | Fair Value | | Unrealized Losses | December 31, 2014: | |
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| AFS Securities: | | | | | | | | | | | | Mortgage-backed securities issued or guaranteed by U.S. government-sponsored enterprises | $ | 42,856 |
| | $ | (171 | ) | | $ | 125,439 |
| | $ | (1,834 | ) | | $ | 168,295 |
| | $ | (2,005 | ) | Collateralized mortgage obligations issued or guaranteed by U.S. government-sponsored enterprises | 75,723 |
| | (432 | ) | | 182,512 |
| | (5,479 | ) | | 258,235 |
| | (5,911 | ) | Private issue collateralized mortgage obligations | 1,785 |
| | (8 | ) | | — |
| | — |
| | 1,785 |
| | (8 | ) | Total AFS securities | $ | 120,364 |
| | $ | (611 | ) | | $ | 307,951 |
| | $ | (7,313 | ) | | $ | 428,315 |
| | $ | (7,924 | ) | HTM Securities: | | | | | | | | | | | | Obligations of states and political subdivisions | $ | 5,756 |
| | $ | (19 | ) | | $ | — |
| | $ | — |
| | $ | 5,756 |
| | $ | (19 | ) | Total HTM securities | $ | 5,756 |
| | $ | (19 | ) | | $ | — |
| | $ | — |
| | $ | 5,756 |
| | $ | (19 | ) | December 31, 2013: | |
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| AFS Securities: | | | | | | | | | | | | Obligations of states and political subdivisions | $ | 2,143 |
| | $ | (11 | ) | | $ | — |
| | $ | — |
| | $ | 2,143 |
| | $ | (11 | ) | Mortgage-backed securities issued or guaranteed by U.S. government-sponsored enterprises | 145,424 |
| | (4,189 | ) | | 43,915 |
| | (2,845 | ) | | 189,339 |
| | (7,034 | ) | Collateralized mortgage obligations issued or guaranteed by U.S. government-sponsored enterprises | 239,278 |
| | (7,738 | ) | | 73,376 |
| | (4,586 | ) | | 312,654 |
| | (12,324 | ) | Private issue collateralized mortgage obligations | 122 |
| | (4 | ) | | 4,945 |
| | (403 | ) | | 5,067 |
| | (407 | ) | Total AFS securities | $ | 386,967 |
| | $ | (11,942 | ) | | $ | 122,236 |
| | $ | (7,834 | ) | | $ | 509,203 |
| | $ | (19,776 | ) |
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| Company's Sales of Securities |
The following table details the Company’s sales of AFS investment securities, the gross realized gains and losses, and OTTI of securities: | | | | | | | | | | | | | | For The Years Ended December 31, | | 2014 | | 2013 | | 2012 | Proceeds from sales of securities | $ | 25,695 |
| | $ | 17,613 |
| | $ | 115,493 |
| Gross realized gains | 451 |
| | 785 |
| | 2,826 |
| Gross realized losses | — |
| | — |
| | (289 | ) | OTTI | — |
| | — |
| | (39 | ) |
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| Amortized Cost and Estimated Fair Values of Debt Securities by Contractual Maturity |
The amortized cost and estimated fair values of securities by contractual maturity at December 31, 2014 are shown below. Expected maturities will differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. | | | | | | | | | | Amortized Cost | | Fair Value | AFS Securities | | | | Due in one year or less | $ | 2,381 |
| | $ | 2,416 |
| Due after one year through five years | 97,183 |
| | 97,441 |
| Due after five years through ten years | 96,658 |
| | 98,023 |
| Due after ten years | 567,331 |
| | 565,183 |
| | $ | 763,553 |
| | $ | 763,063 |
| HTM Securities | | | | Due in one year or less | $ | — |
| | $ | — |
| Due after one year through five years | — |
| | — |
| Due after five years through ten years | 2,316 |
| | 2,330 |
| Due after ten years | 17,863 |
| | 18,095 |
| | $ | 20,179 |
| | $ | 20,425 |
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