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Fair Value Measurements (Tables)
 12 Months Ended
Dec. 31, 2021
Fair Value Disclosures [Abstract]  
Schedule of Estimated Fair Values Estimated fair values as of the periods indicated are as follows:
 December 31, 2021December 31, 2020
(In Thousands)Carrying AmountFair  ValueCarrying AmountFair  Value
Financial assets: 
Level 1 inputs: 
     Cash, due from banks and deposits in other banks$645,827 $645,827 $115,965 $115,965 
     Investment securities available for sale141,531 141,531 58,865 58,865 
     Marketable equity securities8,420 8,420 9,052 9,052 
Level 2 inputs: 
     Investment securities available for sale285,153 285,153 188,768 188,768 
     Investment in Federal Home Loan Bank Stock3,107 3,107 2,551 2,551 
     Loans held for sale73,650 73,650 146,178 146,178 
     Accrued interest receivable6,846 6,846 7,979 7,979 
     Interest rate swaps6,030 6,030 7,387 7,387 
 Retail interest rate contracts166 166 — — 
Level 3 inputs: 
     Investment securities held to maturity20,000 19,164 10,000 10,000 
     Loans 1,413,886 1,396,486 1,444,051 1,414,179 
     Purchased receivables, net6,987 6,987 13,922 13,922 
     Interest rate lock commitments1,387 1,387 4,034 4,034 
     Mortgage servicing rights13,724 13,724 11,218 11,218 
     Commercial servicing rights1,084 1,084 1,310 1,310 
Financial liabilities: 
Level 2 inputs: 
     Deposits$2,421,631 2,422,215 $1,824,981 $1,826,990 
     Borrowings14,508 14,727 14,817 15,538 
     Accrued interest payable31 31 65 65 
     Interest rate swaps6,985 6,985 9,122 9,122 
Retail interest rate contracts— — 880 880 
Level 3 inputs:
     Junior subordinated debentures10,310 9,727 10,310 10,475 
Schedule of Assets And Liabilities Measured At Fair Value On A Recurring Basis The following table sets forth the balances as of the periods indicated of assets measured at fair value on a recurring basis:
(In Thousands)TotalQuoted Prices in Active Markets for Identical Assets (Level 1)Significant Other Observable Inputs (Level 2)Significant Unobservable Inputs (Level 3)
December 31, 2021    
Assets:
    Available for sale securities    
    U.S. Treasury and government sponsored entities$341,480 $115,686 $225,794 $— 
    Municipal securities840 — 840 — 
    Corporate bonds32,946 25,845 7,101 — 
    Collateralized loan obligations51,418 — 51,418 — 
           Total available for sale securities$426,684 $141,531 $285,153 $— 
    Marketable equity securities$8,420 $8,420 $— $— 
           Total marketable equity securities$8,420 $8,420 $— $— 
Interest rate swaps$6,030 $— $6,030 $— 
Interest rate lock commitments1,387 — — 1,387 
Mortgage servicing rights13,724 — — 13,724 
Commercial servicing rights1,084 — — 1,084 
Retail interest rate contracts166 — 166 — 
           Total other assets$22,225 $— $6,030 $16,195 
Liabilities:
Interest rate swaps$6,985 $— $6,985 $— 
           Total other liabilities$6,985 $— $6,985 $— 
December 31, 2020    
Assets:
    Available for sale securities    
    U.S. Treasury and government sponsored entities$174,601 $37,548 $137,053 $— 
    Municipal securities856 — 856 — 
    Corporate bonds30,492 21,317 9,175 — 
    Collateralized loan obligations41,684 — 41,684 — 
           Total available for sale securities$247,633 $58,865 $188,768 $— 
    Marketable equity securities$9,052 $9,052 $— $— 
           Total marketable equity securities$9,052 $9,052 $— $— 
Interest rate swaps$7,387 $— $7,387 $— 
Interest rate lock commitments4,034 — — 4,034 
Mortgage servicing rights11,218 — — 11,218 
Commercial servicing rights1,310 — — 1,310 
           Total other assets$23,949 $— $7,387 $16,562 
Liabilities:
Interest rate swaps$9,122 $— $9,122 $— 
Retail interest rate contracts880 — 880 — 
           Total other liabilities$10,002 $— $10,002 $— 
Fair Value, Assets Measured on Recurring Basis using Significant Unobservable Inputs The following table provides a reconciliation of the assets and liabilities measured at fair value using significant unobservable inputs (Level 3) on a recurring basis during the years ended December 31, 2021 and 2020:
(In Thousands)Beginning balanceChange included in earningsPurchases and issuancesSales and settlementsEnding balance
December 31, 2021 
Interest rate lock commitments$4,034 ($3,389)$28,229 ($27,487)$1,387 
Mortgage servicing rights11,218 (3,582)6,088 — 13,724 
Commercial servicing rights1,310 (437)211 — 1,084 
Total$16,562 ($7,408)$34,528 ($27,487)$16,195 
December 31, 2020
Interest rate lock commitments$810 ($5,680)$49,186 ($40,282)$4,034 
Mortgage servicing rights11,920 (5,526)4,824 — 11,218 
Commercial servicing rights1,214 (99)195 — 1,310 
Total$13,944 ($11,305)$54,205 ($40,282)$16,562 
Fair Value, Assets Measured on Nonrecurring Basis As of and for the years ending December 31, 2021 and 2020, except for certain assets as shown in the following table, no impairment or valuation adjustment was recognized for assets recognized at fair value on a nonrecurring basis.  For loans individually measured for credit losses, the Company classifies fair value measurements using observable inputs, such as external appraisals, as Level 2 valuations in the fair value hierarchy, and unobservable inputs, such as in-house evaluations, as Level 3 valuations in the fair value hierarchy.    
(In Thousands)TotalQuoted Prices in Active Markets for Identical Assets (Level 1)Significant Other Observable Inputs (Level 2)Significant Unobservable Inputs (Level 3)
December 31, 2021    
  Loans individually measured for credit losses$— $— $— $— 
Total$— $— $— $— 
December 31, 2020    
  Loans individually measured for credit losses$308 $— $— $308 
Total$308 $— $— $308 

    The following table presents the (gains) losses resulting from nonrecurring fair value adjustments for the periods ended December 31, 2021, 2020 and 2019, respectively:
(In Thousands)202120202019
  Loans individually measured for credit losses($13)($4)$3 
Total (income) loss from nonrecurring measurements($13)($4)$3 
Schedule of Valuation Assumptions The following table provides a description of the valuation technique, unobservable input, and qualitative information about the unobservable inputs for the Company’s assets and liabilities classified as Level 3 and measured at fair value on a recurring and nonrecurring basis at December 31, 2021 and 2020:
Financial InstrumentValuation TechniqueUnobservable InputWeighted Average or Rate Range
December 31, 2021
Interest rate lock commitmentExternal pricing modelPull through rate93.27 %
Mortgage servicing rightsDiscounted cash flowConstant prepayment rate
9.25% - 14.21%
Discount rate
8.00%
Commercial servicing rightsDiscounted cash flowConstant prepayment rate
12.30% - 16.57%
Discount rate9.94 %
December 31, 2020
Loans individually measured for credit lossesIn-house valuation of collateralDiscount rate30 %
Interest rate lock commitmentExternal pricing modelPull through rate90.65 %
Mortgage servicing rightsDiscounted cash flowConstant prepayment rate
7.77% - 13.17%
Discount rate
7.75%
Commercial servicing rightsDiscounted cash flowConstant prepayment rate
7.38% - 9.94%
Discount rate9.46 %