Fair Value of Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2022

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:

	March 31, 2022				December 31, 2021
(In thousands)	Carrying Amount		Fair Value		Carrying Amount		Fair Value
Balance sheet assets:
Cash and cash equivalents	$	191,449	$	191,449	$	514,928	$	514,928
Investment securities	774,610		774,610		673,453		673,453
Loans, net	964,796		961,547		948,526		948,701
Accrued interest receivable	7,302		7,302		6,799		6,799
Total	$	1,938,157	$	1,934,908	$	2,143,706	$	2,143,881
Balance sheet liabilities:
Deposits	$	1,176,935	$	1,176,935	$	1,221,503	$	1,221,503
Accounts and drafts payable	989,733		989,733		1,050,396		1,050,396
Accrued interest payable	22		22		16		16
Total	$	2,166,690	$	2,166,690	$	2,271,915	$	2,271,915