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Disclosures about Fair Value of Financial Instruments	6 Months Ended
Disclosures about Fair Value of Financial Instruments	Jun. 30, 2023
Disclosures about Fair Value of Financial Instruments [Abstract]
Disclosures about Fair Value of Financial Instruments	Note 14: Disclosures about Fair Value of Financial Instruments Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Fair value measurements must maximize the use of observable inputs and minimize the use of unobservable inputs. There is a hierarchy of three levels of inputs that may be used to measure fair value: Level 1 Quoted prices in active markets for identical assets or liabilities. Level 2 Observable inputs other than Level 1 prices, such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities. Level 3 Unobservable inputs supported by little or no market activity and significant to the fair value of the assets or liabilities. Recurring Measurements The following list presents the assets and liabilities recognized in the accompanying consolidated statements of financial condition measured at fair value on a recurring basis and the level within the fair value hierarchy in which the fair value measurements fall at June 30, 2023 and December 31, 2022: Non-recurring Measurements The following tables present assets measured at fair value on a non-recurring basis and the level within the fair value hierarchy in which the fair value measurements fall at June 30, 2023 and December 31, 2022: Following is a description of the valuation methodologies and inputs used for assets measured at fair value on a non-recurring basis and recognized in the accompanying consolidated statements of financial condition. Collateral-Dependent Loans, Net of ACL The estimated fair value of collateral-dependent loans is based on the appraised fair value of the collateral, less estimated cost to sell. If the fair value of the collateral is below the loan’s amortized cost, the ACL is netted against the loan balance. Collateral-dependent loans are classified within Level 3 of the fair value hierarchy. The Company considers the appraisal or evaluation as the starting point for determining fair value and then considers other factors and events in the environment that may affect the fair value. Appraisals of the collateral underlying collateral dependent loans are obtained when the loan is determined to be collateral dependent and subsequently as deemed necessary by the Office of the Chief Credit Officer. Appraisals are reviewed for accuracy and consistency by management. Appraisers are selected from the list of approved appraisers maintained by management. The appraised values are reduced by discounts to consider lack of marketability and estimated cost to sell if repayment or satisfaction of the loan is dependent on the sale of the collateral. These discounts and estimates are developed by the Office of the Chief Credit Officer by comparison to historical results. Foreclosed Assets Held-for-Sale The fair value of foreclosed assets-held-for-sale is based on the appraised fair value of the collateral, less estimated cost to sell. Unobservable (Level 3) Inputs The following tables present quantitative information about unobservable inputs used in non-recurring Level 3 fair value measurements at June 30, 2023 and December 31, 2022: The following tables present the estimated fair values of the Company’s financial instruments at June 30, 2023 and December 31, 2022: Fair Value Description Valuation Hierarchy Level Where Fair Value Balance Can Be Found Available-for- Sale Securities Where quoted market prices are available in an active market, securities are classified within Level 1 of the valuation hierarchy. If quoted market prices are not available, then fair values are estimated by using quoted prices of securities with similar characteristics or independent asset pricing services and pricing models, the inputs of which are market-based or independently sourced market parameters, including, but not limited to, yield curves, interest rates, volatilities, prepayments, defaults, cumulative loss projections and cash flows. Level 2 Note 2: Securities Derivatives Fair value of the interest rate swaps is obtained from independent pricing services based on quoted market prices for similar derivative contracts. Level 2 Note 6: Derivatives and Hedging June 30, 2023 Fair Value Measurements Using Fair Value Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Unobservable Inputs (Level 3) (Dollars in thousands) Collateral-dependent loans $ 8,452 $ - $ - $ 8,452 December 31, 2022 Fair Value Measurements Using Fair Value Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Unobservable Inputs (Level 3) (Dollars in thousands) Collateral-dependent impaired loans $ 8,728 $ - $ - $ 8,728 Foreclosed assets held-for-sale $ 1,745 $ - $ - $ 1,745 June 30, 2023 Fair Value Valuation Techniques Unobservable Inputs Range (Weighted Average) (Dollars in thousands) $ Market comparable properties Marketability discount 0 % - 25 % Collateral dependent loans 8,452 ( 16 )% December 31, 2022 Fair Value Valuation Techniques Unobservable Inputs Range (Weighted Average) (Dollars in thousands) $ Market comparable properties Marketability discount 0 % - 100 % Collateral dependent loans 8,728 ( 13 )% $ Market comparable properties Marketability discount 10% Foreclosed assets held-for-sale 1,745 ( 10 )% June 30, 2023 Carrying Fair Value Measurements Amount Level 1 Level 2 Level 3 (Dollars in thousands) Financial Assets Cash and cash equivalents $ 342,497 $ 342,497 $ - $ - Available-for-sale securities 743,900 - 743,900 - Loans, net of allowance for credit losses 5,729,032 - - 5,718,780 Restricted equity securities 13,060 - - 13,060 Interest receivable 33,303 - 33,303 - Equity securities 3,993 - - 3,993 Derivative assets 10,626 - 10,626 - Financial Liabilities Deposits $ 6,100,067 $ 928,098 $ - $ 5,142,980 Federal Home Loan Bank line of credit 167,164 - 167,164 - Federal Home Loan Bank advances 95,544 - 88,189 - Other borrowings 14,320 - 15,021 - Interest payable 14,479 - 14,479 - Derivative liabilities 18,141 - 18,141 - December 31, 2022 Carrying Fair Value Measurements Amount Level 1 Level 2 Level 3 (Dollars in thousands) Financial Assets Cash and cash equivalents $ 300,138 $ 300,138 $ - $ - Available-for-sale securities 769,641 - 686,901 - Loans, net of allowance for loan losses 5,310,954 - - 5,307,607 Restricted equity securities 12,536 - - 12,536 Interest receivable 29,507 - 29,507 - Equity securities 2,870 - - 2,870 Derivative assets 11,038 - 11,038 - Financial Liabilities Deposits $ 5,651,308 $ 1,400,260 $ - $ 4,142,673 Federal funds purchased and repurchase agreements 74,968 - 74,968 - Federal Home Loan Bank advances 143,143 - 135,086 - Other borrowings 35,457 - 36,529 - Interest payable 5,713 - 5,713 - Derivative liabilities 16,442 - 16,442 -

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

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