XML 57 R48.htm IDEA: XBRL DOCUMENT v3.23.3
Fair Value Measurement of Assets and Liabilities - Recurring and Non-Recurring Basis (Details) - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Investment securities:    
Equity securities $ 63,191 $ 48,731
Trading debt securities 3,441 13,438
Available for sale debt securities:    
Available for sale debt securities 1,186,524 1,261,397
Non-recurring fair value measurements:    
Unpaid principal balances of loans held for sale 23,900 17,900
U.S. Treasury securities    
Available for sale debt securities:    
Available for sale debt securities 275,748 279,498
U.S. government agency securities    
Available for sale debt securities:    
Available for sale debt securities 22,571 26,964
Obligations of states and political subdivisions    
Available for sale debt securities:    
Available for sale debt securities 171,472 146,811
Residential mortgage-backed securities    
Available for sale debt securities:    
Available for sale debt securities 553,427 629,818
Corporate and other debt securities    
Available for sale debt securities:    
Available for sale debt securities 163,306 178,306
Quoted Prices in Active Markets for Identical Assets (Level 1) | Recurring fair value measurements    
Investment securities:    
Equity securities 23,198 23,494
Trading debt securities 3,441 3,282
Available for sale debt securities:    
Available for sale debt securities 275,748 279,498
Loans held for sale 0 0
Other assets 0 0
Total assets 302,387 306,274
Liabilities    
Other liabilities 0 0
Total liabilities 0 0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Recurring fair value measurements | U.S. Treasury securities    
Available for sale debt securities:    
Available for sale debt securities 275,748 279,498
Quoted Prices in Active Markets for Identical Assets (Level 1) | Recurring fair value measurements | U.S. government agency securities    
Available for sale debt securities:    
Available for sale debt securities 0 0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Recurring fair value measurements | Obligations of states and political subdivisions    
Available for sale debt securities:    
Available for sale debt securities 0 0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Recurring fair value measurements | Residential mortgage-backed securities    
Available for sale debt securities:    
Available for sale debt securities 0 0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Recurring fair value measurements | Corporate and other debt securities    
Available for sale debt securities:    
Available for sale debt securities 0 0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Non-recurring fair value measurements    
Non-recurring fair value measurements:    
Non-performing loans held for sale 0  
Collateral dependent loans 0 0
Foreclosed assets 0 0
Total 0 0
Significant Other Observable Inputs (Level 2) | Recurring fair value measurements    
Investment securities:    
Equity securities 0 0
Trading debt securities 0 10,156
Available for sale debt securities:    
Available for sale debt securities 910,776 981,899
Loans held for sale 23,834 18,118
Other assets 704,668 467,127
Total assets 1,639,278 1,477,300
Liabilities    
Other liabilities 735,278 607,237
Total liabilities 735,278 607,237
Significant Other Observable Inputs (Level 2) | Recurring fair value measurements | U.S. Treasury securities    
Available for sale debt securities:    
Available for sale debt securities 0 0
Significant Other Observable Inputs (Level 2) | Recurring fair value measurements | U.S. government agency securities    
Available for sale debt securities:    
Available for sale debt securities 22,571 26,964
Significant Other Observable Inputs (Level 2) | Recurring fair value measurements | Obligations of states and political subdivisions    
Available for sale debt securities:    
Available for sale debt securities 171,472 146,811
Significant Other Observable Inputs (Level 2) | Recurring fair value measurements | Residential mortgage-backed securities    
Available for sale debt securities:    
Available for sale debt securities 553,427 629,818
Significant Other Observable Inputs (Level 2) | Recurring fair value measurements | Corporate and other debt securities    
Available for sale debt securities:    
Available for sale debt securities 163,306 178,306
Significant Other Observable Inputs (Level 2) | Non-recurring fair value measurements    
Non-recurring fair value measurements:    
Non-performing loans held for sale 10,000  
Collateral dependent loans 0 0
Foreclosed assets 0 0
Total 10,000 0
Significant Unobservable Inputs (Level 3) | Recurring fair value measurements    
Investment securities:    
Equity securities 0 0
Trading debt securities 0 0
Available for sale debt securities:    
Available for sale debt securities 0 0
Loans held for sale 0 0
Other assets 0 0
Total assets 0 0
Liabilities    
Other liabilities 0 0
Total liabilities 0 0
Significant Unobservable Inputs (Level 3) | Recurring fair value measurements | U.S. Treasury securities    
Available for sale debt securities:    
Available for sale debt securities 0 0
Significant Unobservable Inputs (Level 3) | Recurring fair value measurements | U.S. government agency securities    
Available for sale debt securities:    
Available for sale debt securities 0 0
Significant Unobservable Inputs (Level 3) | Recurring fair value measurements | Obligations of states and political subdivisions    
Available for sale debt securities:    
Available for sale debt securities 0 0
Significant Unobservable Inputs (Level 3) | Recurring fair value measurements | Residential mortgage-backed securities    
Available for sale debt securities:    
Available for sale debt securities 0 0
Significant Unobservable Inputs (Level 3) | Recurring fair value measurements | Corporate and other debt securities    
Available for sale debt securities:    
Available for sale debt securities 0 0
Significant Unobservable Inputs (Level 3) | Non-recurring fair value measurements    
Non-recurring fair value measurements:    
Non-performing loans held for sale 0  
Collateral dependent loans 80,956 92,923
Foreclosed assets 1,314 1,937
Total 82,270 94,860
Fair Value | Recurring fair value measurements    
Investment securities:    
Trading debt securities 3,441 13,438
Available for sale debt securities:    
Available for sale debt securities 1,186,524 1,261,397
Loans held for sale 23,834 18,118
Other assets 704,668 467,127
Total assets 1,953,708 1,793,673
Liabilities    
Other liabilities 735,278 607,237
Total liabilities 735,278 607,237
Fair Value | Recurring fair value measurements | U.S. Treasury securities    
Available for sale debt securities:    
Available for sale debt securities 275,748 279,498
Fair Value | Recurring fair value measurements | U.S. government agency securities    
Available for sale debt securities:    
Available for sale debt securities 22,571 26,964
Fair Value | Recurring fair value measurements | Obligations of states and political subdivisions    
Available for sale debt securities:    
Available for sale debt securities 171,472 146,811
Fair Value | Recurring fair value measurements | Residential mortgage-backed securities    
Available for sale debt securities:    
Available for sale debt securities 553,427 629,818
Fair Value | Recurring fair value measurements | Corporate and other debt securities    
Available for sale debt securities:    
Available for sale debt securities 163,306 178,306
Fair Value | Non-recurring fair value measurements    
Non-recurring fair value measurements:    
Non-performing loans held for sale 10,000  
Collateral dependent loans 80,956 92,923
Foreclosed assets 1,314 1,937
Total 92,270 94,860
Fair Value | Fair Value, Inputs, Level 1, Level 2, and Level 3 | Recurring fair value measurements    
Investment securities:    
Equity securities 23,198 23,494
Fair Value | Significant Unobservable Inputs (Level 3)    
Investment securities:    
Equity securities 27,950 15,138
Fair Value | NAV | Recurring fair value measurements    
Investment securities:    
Equity securities $ 12,043 $ 10,099