XML 81 R69.htm IDEA: XBRL DOCUMENT v3.21.2
Fair Value of Financial Instruments - Carrying Values and Estimated Fair Values (Details) - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
Financial Assets:    
Cash and cash equivalents $ 332,771 $ 263,893
Certificates of deposit with banks 11,803 11,803
Investment securities available-for-sale 450,772 410,624
Equity securities 32,215 27,585
Bank-owned life insurance 41,762 41,262
Financial Liabilities:    
FHLB and other borrowings 100 0
Carrying Value    
Financial Assets:    
Cash and cash equivalents 332,771 263,893
Certificates of deposit with banks 11,803 11,803
Investment securities available-for-sale 450,772 410,624
Equity securities 32,215 27,585
Loans held-for-sale   1,062
Loans receivable, net 1,672,444 1,427,900
Mortgage servicing rights 2,759 2,942
Accrued interest receivable 8,312 7,793
Bank-owned life insurance 41,762 41,262
Financial Liabilities:    
Deposits 2,229,175 1,982,389
Repurchase agreements 11,361 10,266
FHLB and other borrowings 100  
Accrued interest payable 517 572
Subordinated debt 43,480 43,407
Estimated Fair Value    
Financial Assets:    
Cash and cash equivalents 332,771 263,893
Certificates of deposit with banks 11,943 11,986
Investment securities available-for-sale 450,772 410,624
Equity securities 32,215 27,585
Loans held-for-sale   1,062
Loans receivable, net 1,684,871 1,434,275
Mortgage servicing rights 2,759 2,942
Accrued interest receivable 8,312 7,793
Bank-owned life insurance 41,762 41,262
Financial Liabilities:    
Deposits 2,186,598 1,964,860
Repurchase agreements 11,361 10,266
FHLB and other borrowings 100  
Accrued interest payable 517 572
Subordinated debt 45,837 45,536
Interest rate swap | Carrying Value    
Financial Assets:    
Derivative asset 9,447 13,822
Financial Liabilities:    
Derivative liability 9,447 13,822
Interest rate swap | Estimated Fair Value    
Financial Assets:    
Derivative asset 9,447 13,822
Financial Liabilities:    
Derivative liability 9,447 13,822
Fair value hedge | Carrying Value    
Financial Assets:    
Derivative asset 1,942 2,215
Financial Liabilities:    
Derivative liability 1,384 2,141
Fair value hedge | Estimated Fair Value    
Financial Assets:    
Derivative asset 1,942 2,215
Financial Liabilities:    
Derivative liability 1,384 2,141
Quoted Prices in Active Markets for Identical Assets (Level I) | Estimated Fair Value    
Financial Assets:    
Cash and cash equivalents 332,771 263,893
Certificates of deposit with banks 0 0
Investment securities available-for-sale 0 0
Equity securities 447 472
Loans held-for-sale   0
Loans receivable, net 0 0
Mortgage servicing rights 0 0
Accrued interest receivable 0 0
Bank-owned life insurance 0 0
Financial Liabilities:    
Deposits 0 0
Repurchase agreements 0 0
FHLB and other borrowings 0  
Accrued interest payable 0 0
Subordinated debt 0 0
Quoted Prices in Active Markets for Identical Assets (Level I) | Interest rate swap | Estimated Fair Value    
Financial Assets:    
Derivative asset 0 0
Financial Liabilities:    
Derivative liability 0 0
Quoted Prices in Active Markets for Identical Assets (Level I) | Fair value hedge | Estimated Fair Value    
Financial Assets:    
Derivative asset 0 0
Financial Liabilities:    
Derivative liability 0 0
Significant Other Observable Inputs (Level II) | Estimated Fair Value    
Financial Assets:    
Cash and cash equivalents 0 0
Certificates of deposit with banks 11,943 11,986
Investment securities available-for-sale 411,002 366,945
Equity securities 0 0
Loans held-for-sale   1,062
Loans receivable, net 0 0
Mortgage servicing rights 0 0
Accrued interest receivable 2,413 2,770
Bank-owned life insurance 41,762 41,262
Financial Liabilities:    
Deposits 2,186,598 1,964,860
Repurchase agreements 11,361 10,266
FHLB and other borrowings 100  
Accrued interest payable 517 572
Subordinated debt 45,837 45,536
Significant Other Observable Inputs (Level II) | Interest rate swap | Estimated Fair Value    
Financial Assets:    
Derivative asset 9,447 13,822
Financial Liabilities:    
Derivative liability 9,447 13,822
Significant Other Observable Inputs (Level II) | Fair value hedge | Estimated Fair Value    
Financial Assets:    
Derivative asset 1,942 2,215
Financial Liabilities:    
Derivative liability 1,384 2,141
Significant Unobservable Inputs (Level III) | Estimated Fair Value    
Financial Assets:    
Cash and cash equivalents 0 0
Certificates of deposit with banks 0 0
Investment securities available-for-sale 39,770 43,679
Equity securities 31,768 27,113
Loans held-for-sale   0
Loans receivable, net 1,684,871 1,434,275
Mortgage servicing rights 2,759 2,942
Accrued interest receivable 5,899 5,023
Bank-owned life insurance 0 0
Financial Liabilities:    
Deposits 0 0
Repurchase agreements 0 0
FHLB and other borrowings 0  
Accrued interest payable 0 0
Subordinated debt 0 0
Significant Unobservable Inputs (Level III) | Interest rate swap | Estimated Fair Value    
Financial Assets:    
Derivative asset 0 0
Financial Liabilities:    
Derivative liability 0 0
Significant Unobservable Inputs (Level III) | Fair value hedge | Estimated Fair Value    
Financial Assets:    
Derivative asset 0
Financial Liabilities:    
Derivative liability $ 0 $ 0