CASH 2017 Annual Report

120 NOTE 6. SECURITIES Securities available for sale at September 30, 2017 and 2016 were as follows: Available For Sale GROSS GROSS AMORTIZED UNREALIZED UNREALIZED FAIR At September 30, 2017 COST GAINS (LOSSES) VALUE (Dollars in Thousands) Debt securities Small business administration securities 57,046 825 — 57,871 Non-bank qualified obligations of states and political subdivisions 938,883 14,983 (3,037) 950,829 Asset-backed securities 94,451 2,381 — 96,832 Mortgage-backed securities 588,918 1,259 (3,723) 586,454 Total debt securities 1,679,298 19,448 (6,760) 1,691,986 Common equities and mutual funds 1,009 436 — 1,445 Total available for sale securities $ 1,680,307 $ 19,884 $ (6,760) $ 1,693,431 AMORTIZED GROSS UNREALIZED GROSS UNREALIZED FAIR At September 30, 2016 COST GAINS (LOSSES) VALUE (Dollars in Thousands) Debt securities Trust preferred and corporate securities $ 14,935 $ — $ (1,957) $ 12,978 Small business administration securities 78,431 2,288 — 80,719 Non-bank qualified obligations of states and political subdivisions 668,628 30,141 (97) 698,672 Asset-backed securities 117,487 73 (745) 116,815 Mortgage-backed securities 555,036 4,382 (478) 558,940 Total debt securities 1,434,517 36,884 (3,277) 1,468,124 Common equities and mutual funds 755 373 (3) 1,125 Total available for sale securities $ 1,435,272 $ 37,257 $ (3,280) $ 1,469,249 Securities held to maturity at September 30, 2017 and 2016 were as follows: Held to Maturity GROSS GROSS AMORTIZED UNREALIZED UNREALIZED FAIR At September 30, 2017 COST GAINS (LOSSES) VALUE (Dollars in Thousands) Debt securities Obligations of states and political subdivisions $ 19,247 $ 157 $ (36) $ 19,368 Non-bank qualified obligations of states and political subdivisions 430,593 4,744 (2,976) 432,361 Mortgage-backed securities 113,689 — (1,233) 112,456 Total held to maturity securities $ 563,529 $ 4,901 $ (4,245) $ 564,185

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