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Financial Instruments (Tables)
 3 Months Ended
Mar. 31, 2020
Financial Instruments, Owned, at Fair Value [Abstract]  
Schedule of Estimated Fair Values and Carrying Values of Financial Instruments
The carrying amounts and estimated fair values of financial instruments at March 31, 2020 were as follows:

Fair Value Measurements at March 31, 2020 Using
(in thousands)Carrying AmountLevel 1Level 2Level 3Total
Assets
Cash and due from banks$168,962  $168,962  $—  $—  $168,962  
Federal funds sold493  493  —  —  493  
Securities, available for sale433,926  15,000  408,924  10,002  433,926  
Loans held for sale476  —  —  476  476  
Loans, net1,532,171  —  —  1,554,351  1,554,351  
Cash surrender value of BOLI5,322  —  —  5,322  5,322  
Accrued interest receivable10,076  —  —  10,076  10,076  
Liabilities
Deposits$1,948,605  $—  $—  $1,966,531  1,966,531  
Short-term advances from Federal Home Loan Bank50,000  —  —  50,000  50,000  
Repurchase agreements6,603  —  —  6,603  6,603  
Accrued interest payable5,940  —  —  5,940  5,940  
Long-term advances from Federal Home Loan Bank3,489  —  —  3,489  3,489  
Senior long-term debt47,014  —  —  46,977  46,977  
Junior subordinated debentures14,747  —  —  14,969  14,969  
The carrying amounts and estimated fair values of financial instruments at December 31, 2019 were as follows:


Fair Value Measurements at December 31, 2019 Using
(in thousands)Carrying AmountLevel 1Level 2Level 3Total
Assets
Cash and due from banks$66,511  $66,511  $—  $—  $66,511  
Federal funds sold914  914  —  —  914  
Securities, available for sale339,937  —  330,539  9,398  339,937  
Securities, held for maturity86,579  —  86,817  —  86,817  
Loans, net1,514,561  —  —  1,515,277  1,515,277  
Cash surrender value of BOLI5,288  —  —  5,288  5,288  
Accrued interest receivable8,412  —  —  8,412  8,412  
Liabilities
Deposits$1,853,013  $—  $—  $1,863,179  1,863,179  
Short-term advances from Federal Home Loan Bank13,079  —  —  13,079  13,079  
Repurchase agreements6,840  —  —  6,840  6,840  
Accrued interest payable6,047  —  —  6,047  6,047  
Long-term advances from Federal Home Loan Bank3,533  —  —  3,533  3,533  
Senior long-term debt48,558  —  —  48,517  48,517  
Junior subordinated debentures14,737  —  —  14,762  14,762