Fair Value of Financial Instruments (Tables)

9 Months Ended

Sep. 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:

	September 30, 2024				December 31, 2023
(In thousands)	Carrying Amount		Fair Value		Carrying Amount		Fair Value
Balance sheet assets:
Cash and cash equivalents	$	230,556	$	230,556	$	372,468	$	372,468
Investment securities	550,756		550,756		627,117		627,117
Loans, net	1,064,940		1,037,925		1,001,229		962,223
Accrued interest receivable	8,334		8,334		8,450		8,450
Total	$	1,854,586	$	1,827,571	$	2,009,264	$	1,970,258
Balance sheet liabilities:
Deposits	$	1,047,323	$	1,047,323	$	1,140,814	$	1,140,814
Accounts and drafts payable	936,463		936,463		1,071,369		1,071,369
Accrued interest payable	627		627		635		635
Total	$	1,984,413	$	1,984,413	$	2,212,818	$	2,212,818