Disclosures about Fair Value of Assets and Liabilities (Tables)

6 Months Ended

Jun. 30, 2022

Fair Value Disclosures [Abstract]

Schedule of Fair Value Measurements of Assets and Liabilities Recognized on a Recurring Basis

The following table presents the fair value measurements of assets and liabilities recognized in the accompanying condensed consolidated financial statements measured at fair value on a recurring basis and the level within the FASB ASC fair value hierarchy in which the fair value measurements fall at the following:

	June 30, 2022
	Fair Value		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Available for sale securities
U.S. Treasury and federal agencies	$	275,176	$	—	$	275,176	$	—
State and municipal	438,167		—		438,167		—
Federal agency collateralized mortgage obligations	40,286		—		40,286		—
Federal agency mortgage–backed pools	210,485		—		210,485		—
Corporate notes	76,906		—		76,906		—
Total available for sale securities	1,041,020		—		1,041,020		—
Interest rate swap agreements asset	24,281		—		24,281		—
Commitments to originate mortgage loans	281		—		281		—
Interest rate swap agreements liability	(24,281)		—		(24,281)		—
Mortgage loan contracts	(151)		—		(151)		—

	December 31, 2021
	Fair Value		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Available for sale securities
U.S. Treasury and federal agencies	$	116,979	$	—	$	116,979	$	—
State and municipal	639,746		—		519,282		120,464
Federal agency collateralized mortgage obligations	61,577		—		61,577		—
Federal agency mortgage–backed pools	257,691		—		257,691		—
Corporate notes	84,819		—		79,787		5,032
Total available for sale securities	1,160,812		—		1,035,316		125,496
Interest rate swap agreements asset	14,419		—		14,419		—
Commitments to originate mortgage loans	1,037		—		1,037		—
Interest rate swap agreements liability	(18,092)		—		(18,092)		—
Mortgage loan contracts	(238)		—		(238)		—

Schedule of Other Assets Measured at Fair Value on Nonrecurring Basis

Certain other assets are measured at fair value on a non-recurring basis in the ordinary course of business and are subject to fair value adjustments in certain circumstances (for example, when there is evidence of impairment):

	Fair Value		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
June 30, 2022
Collateral dependent loans	$	9,445	$	—	$	—	$	9,445
Mortgage servicing rights	18,761		—		—		18,761
December 31, 2021
Collateral dependent loans	$	15,176	$	—	$	—	$	15,176
Mortgage servicing rights	15,186		—		—		15,186

Schedule of Qualitative Information About Unobservable Inputs Used in Recurring and Nonrecurring Level 3 Fair Value Measurements, Other than Goodwill

The following table presents qualitative information about unobservable inputs used in recurring and non–recurring Level 3 fair value measurements, other than goodwill.

	June 30, 2022
	Fair Value		Valuation Technique	Unobservable Inputs	Range (Weighted Average)
Collateral dependent loans	$	9,445	Collateral based measurement	Discount to reflect current market conditions and ultimate collectibility	0.0%-100.0% (10.1%)
Mortgage servicing rights	18,761		Discounted cash flows	Discount rate, Constant prepayment rate, Probability of default	9.3%-9.3% (9.3%), 7.3%-16.0% (7.4%), 0.0%-0.6%(0.5%)

	December 31, 2021
	Fair Value		Valuation Technique	Unobservable Inputs	Range (Weighted Average)
Collateral dependent loans	$	15,176	Collateral based measurement	Discount to reflect current market conditions and ultimate collectibility	0.0%-54.0%(4.8%)
Mortgage servicing rights	15,186		Discounted cash flows	Discount rate, Constant prepayment rate, Probability of default	8.0%-8.0% (8.0%), 8.4%-14.6%(11.6%), 0.0%-2.0%(0.4%)