Fair Value of Financial Instruments (Tables)

6 Months Ended

Jun. 30, 2024

Fair Value Disclosures [Abstract]

Schedule of Fair Value Measurements by Balance Sheet Grouping

Following is a summary of the carrying amounts and fair values of the Company’s financial instruments:

	June 30, 2024				December 31, 2023
(In thousands)	Carrying Amount		Fair Value		Carrying Amount		Fair Value
Balance sheet assets:
Cash and cash equivalents	$	223,727	$	223,727	$	372,468	$	372,468
Investment securities	540,802		540,802		627,117		627,117
Loans, net	1,048,357		1,017,800		1,001,229		962,223
Accrued interest receivable	8,825		8,825		8,450		8,450
Total	$	1,821,711	$	1,791,154	$	2,009,264	$	1,970,258
Balance sheet liabilities:
Deposits	$	1,012,346	$	1,012,346	$	1,140,814	$	1,140,814
Accounts and drafts payable	996,832		996,832		1,071,369		1,071,369
Accrued interest payable	554		554		635		635
Total	$	2,009,732	$	2,009,732	$	2,212,818	$	2,212,818