Fair Values of Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2022

Fair Values Of Financial Instruments [Abstract]

Estimated Fair Values and Recorded Book Balances

The estimated recorded book balances and fair values at December 31 follow:

					Fair Value Using
	Recorded Book Balance		Fair Value		Quoted  Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Un- observable Inputs (Level 3)
	(In thousands)
2022
Assets
Cash and due from banks	$	70,180	$	70,180	$	70,180	$	—	$	—
Interest bearing deposits	4,191		4,191		4,191		—		—
Securities available for sale	779,347		779,347		—		779,347		—
Securities held to maturity	374,818		335,418		—		335,418		—
Federal Home Loan Bank and Federal Reserve Bank Stock	17,653		NA		NA		NA		NA
Net loans and loans held for sale	3,459,802		3,185,518		20,367		26,518		3,138,633
Accrued interest receivable	16,513		16,513		1		6,503		10,009
Derivative financial instruments	39,747		39,747		—		39,747		—
Liabilities
Deposits with no stated maturity (1)	$	3,798,848	$	3,798,848	$	3,798,848	$	—	$	—
Deposits with stated maturity (1)	580,221		573,739		—		573,739		—
Other borrowings	86,006		86,006		—		86,006		—
Subordinated debt	39,433		41,058		—		41,058		—
Subordinated debentures	39,660		38,982		—		38,982		—
Accrued interest payable	2,287		2,287		415		1,872		—
Derivative financial instruments	19,127		19,127		—		19,127		—
2021
Assets
Cash and due from banks	$	51,069	$	51,069	$	51,069	$	—	$	—
Interest bearing deposits	58,404		58,404		58,404		—		—
Securities available for sale	1,412,830		1,412,830		—		1,412,830		—
Federal Home Loan Bank and Federal Reserve Bank Stock	18,427		NA		NA		NA		NA
Net loans and loans held for sale	2,948,074		2,931,079		35,233		55,470		2,840,376
Accrued interest receivable	12,865		12,865		1		6,028		6,836
Derivative financial instruments	12,283		12,283		—		12,283		—
Liabilities
Deposits with no stated maturity (1)	$	3,781,298	$	3,781,298	$	3,781,298	$	—	$	—
Deposits with stated maturity (1)	335,792		336,006		—		336,006		—
Other borrowings	30,009		30,155		—		30,155		—
Subordinated debt	39,357		44,999		—		44,999		—
Subordinated debentures	39,592		33,866		—		33,866		—
Accrued interest payable	497		497		67		430		—
Derivative financial instruments	5,961		5,961		—		5,961		—

NA – Not applicable

(1) Deposits with no stated maturity include reciprocal deposits with a recorded book balance of $555.781 million and $562.210 million at December 31, 2022 and 2021, respectively. Deposits with a stated maturity include reciprocal deposits with a recorded book balance of $46.794 million and $24.416 million at December 31, 2022 and 2021, respectively.