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Fair Value of Financial Instruments (Tables)
 6 Months Ended
Jun. 30, 2020
Fair Value Disclosures [Abstract]  
Fair Value, Assets Measured on Recurring Basis
The following tables present the fair value measurements of assets and liabilities recognized in the accompanying condensed consolidated balance sheets 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, 2020 and December 31, 2019.
June 30, 2020 Fair Value Measurements Using
(in thousands)Fair
Value		Quoted Prices
in Active Markets for Identical Assets
(Level 1)		Significant
Other
Observable
Inputs
(Level 2)		Significant
Unobservable
Inputs
(Level 3)
U.S. Government-sponsored agencies$66,544  $—  $66,544  $—  
Municipal securities90,562  —  90,562  —  
Agency mortgage-backed securities
278,530  —  278,530  —  
Private label mortgage-backed securities
101,925  101,925  —  
Asset-backed securities
4,837  —  4,837  —  
Corporate securities46,619  —  46,619  —  
Total available-for-sale securities589,017  —  589,017  —  
Servicing asset2,522  —  —  2,522  
Interest rate swap liabilities(34,494) —  (34,494) —  
Loans held-for-sale (mandatory pricing agreements)2,001  —  2,001  —  
Forward contracts(17) (17) —  —  
IRLCs282  —  —  282  

December 31, 2019
Fair Value Measurements Using
(in thousands)Fair
Value		Quoted Prices
in Active Markets for Identical Assets
(Level 1)		Significant
Other
Observable
Inputs
(Level 2)		Significant
Unobservable
Inputs
(Level 3)
U.S. Government-sponsored agencies$75,872  $—  $75,872  $—  
Municipal securities97,652  —  97,652  —  
Agency mortgage-backed securities
261,440  —  261,440  —  
Private label mortgage-backed securities
63,613  —  63,613  —  
Asset-backed securities
4,955  —  4,955  —  
Corporate securities37,320  —  37,320  —  
Total available-for-sale securities540,852  —  540,852  —  
Servicing asset2,481  —  —  2,481  
Interest rate swap liabilities(37,786) —  (37,786) —  
Loans held-for-sale (mandatory pricing agreements)56,097  —  56,097  —  
Forward contracts(153) (153) —  —  
IRLCs910  —  —  910  
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation The following tables reconcile the beginning and ending balances of recurring fair value measurements recognized in the accompanying condensed consolidated balance sheets using significant unobservable (Level 3) inputs for the three and six months ended June 30, 2020 and 2019.
Three Months Ended
(in thousands)Servicing AssetInterest Rate Lock
Commitments
Balance, April 1, 2020$2,415  $2,064  
Total realized gains (losses)
Additions197  —  
Change in fair value(90) (1,782) 
Balance, June 30, 20202,522  282  
Balance as of April 1, 2019$—  $781  
Total realized gains
Change in fair value—  428  
Balance, June 30, 2019$—  $1,209  


(in thousands)Six Months Ended
Servicing AssetInterest Rate Lock Commitments
Balance January 1, 2020$2,481  $910  
Total realized gains (losses)
Additions310—  
Change in fair value(269) (628) 
Balance, June 30, 2020$2,522  282  
Balance as of January 1, 2019$—  $389  
Total realized gains
Change in fair value—  820  
Balance, June 30, 2019$—  $1,209  
Schedule Of Impaired Loans, Including Valuation Allowance, Fair Value, Unobservable Inputs Reconciliation The following table presents the fair value measurements of assets and liabilities recognized in the accompanying condensed consolidated balance sheets measured at fair value on a nonrecurring basis and the level within the fair value
hierarchy in which the fair value measurement falls at December 31, 2019. The Company did not have any measurements on a nonrecurring basis at June 30, 2020.


December 31, 2019
(in thousands)Fair Value Measurements Using
 Fair
Value		Quoted Prices
in Active
Markets for
Identical
Assets
(Level 1)		Significant
Other
Observable
Inputs
(Level 2)		Significant
Unobservable
Inputs
(Level 3)
Impaired loans$3,019  $—  $—  $3,019  
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques
The following tables present quantitative information about unobservable inputs used in recurring and nonrecurring Level 3 fair value measurements.

(dollars in thousands)Fair Value at
June 30, 2020		Valuation
Technique		Significant Unobservable
Inputs		RangeWeighted-Average Range
IRLCs$282  Discounted cash flowLoan closing rates63% - 100%73%
Servicing asset2,522  Discounted cash flowPrepayment speeds0% - 25%13.0%
Expected weighted-average loan life3.6 - 5.6 years4.8 years

(dollars in thousands)Fair Value at
December 31, 2019		Valuation
Technique		Significant Unobservable
Inputs		RangeWeighted-Average Range
Impaired loans$3,019  Fair value of collateralDiscount for type of property and current market conditions10%10%
IRLCs910  Discounted cash flowLoan closing rates50% - 100%84%
Servicing asset2,481  Discounted cash flowPrepayment speeds0% - 25%13.5%
Expected weighted-average loan life3.2 - 5.7 years5.0 years
Fair Value, by Balance Sheet Grouping
The following tables present the carrying value and estimated fair value of all financial assets and liabilities at June 30, 2020 and December 31, 2019.
June 30, 2020
Fair Value Measurements Using
(in thousands)Carrying
Amount		Fair ValueQuoted Prices
In Active
Market for
Identical Assets
(Level 1)		Significant
Other
Observable
Inputs
(Level 2)		Significant
Unobservable
Inputs
(Level 3)
Cash and cash equivalents$498,619  $498,619  $498,619  $—  $—  
Securities held-to-maturity 68,295  69,152  —  69,152  —  
Loans held-for-sale (best efforts pricing agreements)23,493  23,493  —  23,493  —  
Net loans2,949,209  3,006,369  —  —  3,006,369  
Accrued interest receivable21,093  21,093  21,093  —  —  
Federal Home Loan Bank of Indianapolis stock25,650  25,650  —  25,650  —  
Deposits3,380,789  3,428,960  1,520,495  —  1,908,465  
Advances from Federal Home Loan Bank514,913  548,015  —  548,015  —  
Subordinated debt69,681  65,349  55,154  10,195  —  
Accrued interest payable1,073  1,073  1,073  —  —  
December 31, 2019
Fair Value Measurements Using
(in thousands)Carrying
Amount		Fair ValueQuoted Prices
In Active
Market for
Identical
Assets
(Level 1)		Significant
Other
Observable
Inputs
(Level 2)		Significant
Unobservable
Inputs
(Level 3)
Cash and cash equivalents$327,361  $327,361  $327,361  $—  $—  
Securities held-to-maturity 61,878  62,560  —  62,560  —  
Net loans2,941,707  2,876,688  —  —  2,876,688  
Accrued interest receivable18,607  18,607  18,607  —  —  
Federal Home Loan Bank of Indianapolis stock25,650  25,650  —  25,650  —  
Deposits3,153,963  3,232,065  1,002,141  —  2,229,924  
Advances from Federal Home Loan Bank514,910  520,950  —  520,950  —  
Subordinated debt69,528  75,206  64,996  10,210  —  
Accrued interest payable3,767  3,767  3,767  —  —