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Fair Value Measurements (Tables)
 12 Months Ended
Dec. 31, 2021
Fair Value Disclosures [Abstract]  
Summary of Assets and Liabilities Measured at Fair Value on a Recurring Basis
Assets and liabilities measured at fair value on a recurring basis are summarized below:
December 31, 2021
(in thousands)Quoted
Prices in
Active
Markets
for Identical
Assets
(Level 1)		Third-Party
Models with
Observable
Market
Inputs
(Level 2)		Internal
Models
with
Unobservable
Market
Inputs
(Level 3)		Total
Carrying
Value in the
Consolidated
Balance
Sheet
Assets
Securities
Debt Securities available for sale
U.S. government sponsored enterprise debt securities$— $450,773 $— $450,773 
Corporate debt securities— 357,790 — 357,790 
U.S. government agency debt securities— 361,906 — 361,906 
U.S. treasury securities— 2,502 — 2,502 
Municipal bonds— 2,348 — 2,348 
— 1,175,319 — 1,175,319 
Equity securities with readily determinable fair values not held for trading— 252 — 252 
— 1,175,571 — 1,175,571 
Mortgage loans held for sale (at fair value)— 14,905 — 14,905 
Bank owned life insurance— 223,006 — 223,006 
Other assets
Mortgage servicing rights (MSRs)— — 636 636 
Derivative instruments— 21,870 — 21,870 
$— $21,870 $636 $22,506 
$— $1,435,352 $636 $1,435,988 
Liabilities
Other liabilities
Derivative instruments$— $22,198 $— $22,198 
December 31, 2020
(in thousands)Quoted
Prices in
Active
Markets
for Identical
Assets
(Level 1)		Third-Party
Models with
Observable
Market
Inputs
(Level 2)		Internal
Models
with
Unobservable
Market
Inputs
(Level 3)		Total
Carrying
Value in the
Consolidated
Balance
Sheet
Assets
Securities available for sale
U.S. government sponsored enterprise debt securities$— $661,335 $— $661,335 
Corporate debt securities— 301,714 — 301,714 
U.S. government agency debt securities— 204,578 — 204,578 
U.S. treasury securities— 2,512 — 2,512 
Municipal bonds— 54,944 — 54,944 
— 1,225,083 — 1,225,083 
Equity securities with readily determinable fair values not held for trading— 24,342 — 24,342 
Bank owned life insurance— 217,547 — 217,547 
Derivative instruments— 39,721 — 39,721 
$— $1,506,693 $— $1,506,693 
Liabilities
Derivative instruments$— $41,431 $— $41,431 
Summary of Major Categories of Assets Measured at Fair Value on a Nonrecurring Basis
The following tables present the major categories of assets measured at fair value on a non-recurring basis at December 31, 2021 and 2020:
December 31, 2021
(in thousands)Carrying AmountQuoted
Prices in
Active
Markets
for Identical
Assets
(Level 1)		Significant
Other
Observable
Inputs
(Level 2)		Significant
Unobservable
Inputs
(Level 3)		Total Impairments
Description
Loans held for investment measured for impairments using the fair value of the collateral$24,753 $— $— $24,753 $26,334 
Other Real Estate Owned9,720 — — 9,720 80 
$34,473 $— $— $34,473 $26,414 
December 31, 2020
(in thousands)Carrying AmountQuoted
Prices in
Active
Markets
for Identical
Assets
(Level 1)		Significant
Other
Observable
Inputs
(Level 2)		Significant
Unobservable
Inputs
(Level 3)		Total Impairments
Description
Loans held for investment measured for impairments using the fair value of the collateral$50,199 $— $— $50,199 $19,843 
Schedule of Fair Value Measurement Inputs and Valuation Techniques
The following table presents the significant unobservable inputs (Level 3) used in the valuation of assets measured at fair value on a nonrecurring basis.
Financial InstrumentUnobservable InputsValuation MethodsDiscount RangeTypical Discount
Collateral dependent loansDiscount to fair valueAppraisal value, as adjusted
0-30%
6-7%
Inventory
0-100%
30-50%
Accounts receivables
0-100%
20-30%
Equipment
0-100%
20-30%
Other Real Estate OwnedDiscount to fair valueAppraisal value, as adjustedN/A
6-7%