Derivatives (Tables)

12 Months Ended

Dec. 31, 2023

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Derivative Financial Instruments

				December 31, 2023				December 31, 2022
	Remaining Maturity (In Years)	Receive Fixed Rate	Pay Floating Rate	Notional Amount		Estimated fair value		Notional Amount		Estimated fair value
Derivatives included in other    liabilities:
Interest rate swap        agreement- fixed rate        money market deposits	0.64	1.50%	SOFR	75,000		(1,686)		75,000		(3,693)
Interest rate swap        agreement- fixed rate        money market deposits	0.64	1.50%	SOFR	125,000		(2,811)		125,000		(6,154)
Interest rate swap        agreement- subordinated        debt	0.17	1.46%	SOFR	100,000		(673)		100,000		(3,830)
Total	0.49	1.48%		$	300,000	$	(5,170)	$	300,000	$	(13,677)

The following presents a summary of the Company's designated cash flow hedges as of the dates presented:

			December 31, 2023			December 31, 2022
	Notional Amount		Estimated fair value		Balance sheet location	Estimated fair value		Balance sheet location
Interest rate swap agreements-    subordinated debt	$	30,000	$	579	Other assets	$	1,255	Other assets

The following tables provide details on the Company’s non-designated derivative financial instruments as of the dates presented:

	December 31, 2023
	Notional Amount		Asset		Liability
Interest rate contracts	$	569,865	$	32,179	$	32,184
Forward commitments	159,000		—		861
Interest rate-lock commitments	69,217		1,203		—
Futures contracts	254,000		777		—
Total	$	1,052,082	$	34,159	$	33,045

	December 31, 2022
	Notional Amount		Asset		Liability
Interest rate contracts	$	560,310	$	45,775	$	45,762
Forward commitments	207,000		306		—
Interest rate-lock commitments	118,313		1,433		—
Futures contracts	494,300		—		3,790
Total	$	1,379,923	$	47,514	$	49,552

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value

The following discloses the amount of expense included in interest expense on borrowings and deposits, related to these fair value hedging instruments:

	Years Ended December 31,
	2023		2022
Designated fair value hedge:
Interest expense on deposits	$	(7,176)	$	(717)
Interest expense on borrowings	(3,630)		(395)
Total	$	(10,806)	$	(1,112)

Schedule of Derivative Liabilities at Fair Value

The following amounts were recorded on the balance sheet related to cumulative adjustments of fair value hedges as of the dates presented:

	Carrying Amount of the Hedged Item					Cumulative Decrease in Fair Value Hedging Adjustment Included in the Carrying Amount of the Hedged Item
Line item on the balance sheet	December 31, 2023		December 31, 2022			December 31, 2023		December 31, 2022
Money market and savings deposits	$	198,143	$	196,520	(1)	$	(4,497)	$	(9,847)
Borrowings	98,715		95,171		(2)	(673)		(3,830)
Total	$	296,858	$	291,691		$	(5,170)	$	(13,677)

(1) The carrying value also includes an unaccreted purchase accounting fair value premium of $2,640 and $6,367 as of December 31, 2023 and 2022, respectively.

(2) The carrying value also includes unamortized subordinated debt issuance costs of $612 and $999 as of December 31, 2023 and 2022, respectively.

Schedule of Gains (Losses) Included in the Consolidated Statements of Income Related to Derivative Financial Instruments

The following discloses the amount included in other comprehensive (loss) income, net of tax, for derivative instruments designated as cash flow hedges for the periods presented:

	Years Ended December 31,
	2023		2022		2021
Amount of (loss) gain recognized in other comprehensive (loss) income, net of    tax (benefit) expense of $(176), $532 and $293	$	(500)	$	1,508	$	831

(Losses) gains included in the consolidated statements of income related to the Company’s non-designated derivative financial instruments were as follows:

	Years Ended December 31,
	2023		2022		2021
Included in mortgage banking income:
Interest rate lock commitments	$	(230)	$	(5,764)	$	(27,194)
Forward commitments	953		55,804		25,661
Futures contracts	(3,366)		(36,381)		(7,949)
Option contracts	(1,125)		36		—
Total	$	(3,768)	$	13,695	$	(9,482)

Schedule of Offsetting Assets

							Gross amounts not offset on the consolidated balance sheets
	Gross amounts recognized		Gross amounts offset on the consolidated balance sheets		Net amounts presented on the consolidated balance sheets		Financial instruments		Financial collateral pledged		Net Amount
December 31, 2023
Derivative financial assets	$	31,468	$	—	$	31,468	$	6,502	$	—	$	24,966
Derivative financial liabilities	$	11,330	$	—	$	11,330	$	6,502	$	4,828	$	—
December 31, 2022
Derivative financial assets	$	44,273	$	—	$	44,273	$	14,229	$	—	$	30,044
Derivative financial liabilities	$	20,251	$	—	$	20,251	$	14,229	$	6,022	$	—

Schedule of Offsetting Liabilities

							Gross amounts not offset on the consolidated balance sheets
	Gross amounts recognized		Gross amounts offset on the consolidated balance sheets		Net amounts presented on the consolidated balance sheets		Financial instruments		Financial collateral pledged		Net Amount
December 31, 2023
Derivative financial assets	$	31,468	$	—	$	31,468	$	6,502	$	—	$	24,966
Derivative financial liabilities	$	11,330	$	—	$	11,330	$	6,502	$	4,828	$	—
December 31, 2022
Derivative financial assets	$	44,273	$	—	$	44,273	$	14,229	$	—	$	30,044
Derivative financial liabilities	$	20,251	$	—	$	20,251	$	14,229	$	6,022	$	—