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Investment Securities (Tables)
 12 Months Ended
Dec. 31, 2021
Investments, Debt and Equity Securities [Abstract]  
Gross Realized and Unrealized Gains (Losses) on Marketable Equity Securities The gross realized and unrealized gains (losses) recognized on marketable equity securities in other operating income in the Company's Consolidated Statements of Income for the periods indicated were as follows:    
(In Thousands)202120202019
Unrealized (loss) gain on marketable equity securities($101)$61 $911 
Gain on sale of marketable equity securities, net67 98 — 
Total($34)$159 $911 
Summary of Available-For-Sale Securities The following table summarizes the amortized cost, estimated fair value, and ACL of debt securities and the corresponding amounts of gross unrealized gains and losses of available for sale securities recognized in accumulated other comprehensive income (loss) and unrecognized gains and losses of held to maturity securities at the periods indicated:
(In Thousands)Amortized CostGross Unrealized GainsGross Unrealized LossesAllowance for Credit LossesFair Value
December 31, 2021    
Securities available for sale    
U.S. Treasury and government sponsored entities$345,514 $333 ($4,367)$— $341,480 
Municipal securities820 20 — — 840 
Corporate bonds32,721 302 (77)— 32,946 
Collateralized loan obligations51,431 9 (22)— 51,418 
Total securities available for sale$430,486 $664 ($4,466)$— $426,684 
(In Thousands)Amortized CostGross Unrealized GainsGross Unrealized LossesFair Value
December 31, 2021   
Securities held to maturity
Corporate bonds$20,000 $— ($836)$19,164 
Allowance for credit losses— — — — 
Total securities held to maturity, net of ACL$20,000 $— ($836)$19,164 
(In Thousands)Amortized CostGross Unrealized GainsGross Unrealized LossesFair Value
December 31, 2020    
Securities available for sale    
U.S. Treasury and government sponsored entities$173,318 $1,330 ($47)$174,601 
Municipal securities820 36 — 856 
Corporate bonds29,951 546 (5)30,492 
Collateralized loan obligations41,782 44 (142)41,684 
Total securities available for sale$245,871 $1,956 ($194)$247,633 
Securities held to maturity    
Corporate bonds$10,000 $— $— $10,000 
Total securities held to maturity$10,000 $— $— $10,000 
Summary of Held-To-Maturity Securities
(In Thousands)Amortized CostGross Unrealized GainsGross Unrealized LossesFair Value
December 31, 2021   
Securities held to maturity
Corporate bonds$20,000 $— ($836)$19,164 
Allowance for credit losses— — — — 
Total securities held to maturity, net of ACL$20,000 $— ($836)$19,164 
(In Thousands)Amortized CostGross Unrealized GainsGross Unrealized LossesFair Value
December 31, 2020    
Securities available for sale    
U.S. Treasury and government sponsored entities$173,318 $1,330 ($47)$174,601 
Municipal securities820 36 — 856 
Corporate bonds29,951 546 (5)30,492 
Collateralized loan obligations41,782 44 (142)41,684 
Total securities available for sale$245,871 $1,956 ($194)$247,633 
Securities held to maturity    
Corporate bonds$10,000 $— $— $10,000 
Total securities held to maturity$10,000 $— $— $10,000 
Schedule of Gross Unrealized Losses on Investment Securities Gross unrealized losses on investment securities and the fair value of the related securities, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position, at December 31, 2021 and 2020, were as follows:
 Less Than 12 MonthsMore Than 12 MonthsTotal
(In Thousands)Fair
Value		Unrealized LossesFair
Value		Unrealized LossesFair
Value		Unrealized Losses
2021      
Securities Available for Sale      
U.S. Treasury and government sponsored entities$292,845 ($4,012)$21,743 ($355)$314,588 ($4,367)
Corporate bonds4,953 (77)— — 4,953 (77)
Collateralized loan obligations29,470 (22)— — 29,470 (22)
Total$327,268 ($4,111)$21,743 ($355)$349,011 ($4,466)
2020      
Securities Available for Sale      
U.S. Treasury and government sponsored entities$31,270 ($47)$— $— $31,270 ($47)
Corporate bonds3,198 (5)— — 3,198 (5)
Collateralized loan obligations23,670 (118)2,967 (24)26,637 (142)
Total$58,138 ($170)$2,967 ($24)$61,105 ($194)
Schedule of Amortized Cost and Fair Value by Contractual Maturity The amortized cost and fair values of available for sale and held to maturity debt securities at December 31, 2021, are distributed by contractual maturity as shown below.  Expected maturities may differ from contractual maturities because issuers may have the right to call or prepay obligations with or without call or prepayment penalties.  
(In  Thousands)Amortized CostFair ValueWeighted Average Yield
U.S. Treasury and government sponsored entities   
Within 1 year$4,999 $5,041 2.80 %
1-5 years340,515 336,439 0.79 %
Total$345,514 $341,480 0.82 %
Corporate bonds   
1-5 years$37,691 $37,912 2.41 %
5-10 years15,030 14,953 6.50 %
Total$52,721 $52,865 2.81 %
Collateralized loan obligations   
1-5 years$5,000 $5,000 1.65 %
5-10 years46,431 46,418 1.39 %
Total$51,431 $51,418 1.42 %
Municipal securities   
1-5 years820 840 2.14 %
Total$820 $840 2.14 %
Schedule of Proceeds, Gains, and Losses for Investment Securities The proceeds and resulting gains and losses, computed using specific identification, from sales of investment securities for the years ending December 31, 2021, 2020, and 2019, respectively, are as follows: 
(In Thousands)ProceedsGross GainsGross Losses
2021   
Available for sale securities$— $— $— 
2020   
Available for sale securities$— $— $— 
2019   
Available for sale securities$4,219 $23 $— 
Summary of Interest Income on Investment Securities A summary of interest income for the years ending December 31, 2021, 2020, and 2019 on available for investment securities is as follows:
(In Thousands)202120202019
U.S. Treasury and government sponsored entities$2,203 $3,396 $4,170 
Other1,118 1,354 2,282 
Total taxable interest income$3,321 $4,750 $6,452 
Municipal securities$18 $82 $120 
Total tax-exempt interest income$18 $82 $120 
Total$3,339 $4,832 $6,572