XML 88 R77.htm IDEA: XBRL DOCUMENT v3.24.3
Fair Values of Financial Instruments (Details) - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Assets    
Securities available for sale $ 588,950 $ 679,350
Securities held to maturity 343,362 353,988
Reserve Bank Stock 16,099 16,821
Liabilities    
Other borrowings 0 50,026
Subordinated debt 39,567 39,510
Subordinated debentures 39,779 39,728
Reciprocal deposits included in deposits with no stated maturity 878,832 723,014
Reciprocal deposits included in deposits with stated maturity 116,637 109,006
Recorded Book Balance    
Assets    
Cash and due from banks 61,503 68,208
Interest bearing deposits 60,057 101,573
Securities available for sale 588,950 679,350
Securities held to maturity 343,362 353,988
Reserve Bank Stock 16,099 16,821
Net loans and loans held for sale 3,898,872 3,748,306
Accrued interest receivable 18,809 19,044
Derivative financial instruments 38,774 38,683
Liabilities    
Deposits with no stated maturity 3,850,142 3,704,808
Deposits with stated maturity 776,733 918,071
Other borrowings 0 50,026
Subordinated debt 39,567 39,510
Subordinated debentures 39,779 39,728
Accrued interest payable 4,215 6,534
Derivative financial instruments 24,056 21,835
Fair Value    
Assets    
Cash and due from banks 61,503 68,208
Interest bearing deposits 60,057 101,573
Securities available for sale 588,950 679,350
Securities held to maturity 314,638 318,606
Net loans and loans held for sale 3,732,864 3,453,790
Accrued interest receivable 18,809 19,044
Derivative financial instruments 38,774 38,683
Liabilities    
Deposits with no stated maturity 3,850,142 3,704,808
Deposits with stated maturity 775,042 914,404
Other borrowings 0 49,831
Subordinated debt 39,687 40,352
Subordinated debentures 39,733 38,103
Accrued interest payable 4,215 6,534
Derivative financial instruments 24,056 21,835
Quoted Prices in Active Markets for Identical Assets (Level 1)    
Assets    
Cash and due from banks 61,503 68,208
Interest bearing deposits 60,057 101,573
Securities available for sale 0 0
Securities held to maturity 0 0
Net loans and loans held for sale 0 0
Accrued interest receivable 134 58
Derivative financial instruments 0 0
Liabilities    
Deposits with no stated maturity 3,850,142 3,704,808
Deposits with stated maturity 0 0
Other borrowings 0 0
Subordinated debt 0 0
Subordinated debentures 0 0
Accrued interest payable 427 482
Derivative financial instruments 0 0
Significant Other Observable Inputs (Level 2)    
Assets    
Cash and due from banks 0 0
Interest bearing deposits 0 0
Securities available for sale 588,950 679,350
Securities held to maturity 314,638 318,606
Net loans and loans held for sale 14,029 12,063
Accrued interest receivable 5,339 6,486
Derivative financial instruments 38,774 38,683
Liabilities    
Deposits with no stated maturity 0 0
Deposits with stated maturity 775,042 914,404
Other borrowings 0 49,831
Subordinated debt 39,687 40,352
Subordinated debentures 39,733 38,103
Accrued interest payable 3,788 6,052
Derivative financial instruments 24,056 21,835
Significant Un- observable Inputs (Level 3)    
Assets    
Cash and due from banks 0 0
Interest bearing deposits 0 0
Securities available for sale 0 0
Securities held to maturity 0 0
Net loans and loans held for sale 3,718,835 3,441,727
Accrued interest receivable 13,336 12,500
Derivative financial instruments 0 0
Liabilities    
Deposits with no stated maturity 0 0
Deposits with stated maturity 0 0
Other borrowings 0 0
Subordinated debt 0 0
Subordinated debentures 0 0
Accrued interest payable 0 0
Derivative financial instruments $ 0 $ 0