Fair Value Measurement (Tables)

12 Months Ended

Dec. 31, 2024

Fair Value Disclosures [Abstract]

Assets and Liabilities Measured at Fair Value

Assets and liabilities measured at fair value are summarized below.

Fair Value Measurements at December 31, 2024 using:

	(Level 1)		(Level 2)		(Level 3)
Assets measured at fair value on a recurring basis:
Securities available for sale
U.S. Treasury securities and obligations of    U.S. Government agencies	$	—	$	97,387	$	—
Obligations of states and political subdivisions		—		325,119		—
Mortgage-backed securities in government    sponsored entities		—		225,561		—
Total securities available for sale		—		648,067		—
Equity securities		—		2,421		—
Swap asset		—		5,308		—
Liabilities measured at fair value on a recurring    basis:
Swap liability		—		11,638		—
Assets measured at fair value on a nonrecurring    basis:
Collateral-dependent loans	$	—	$	—	$	19,177

Fair Value Measurements at December 31, 2023 using:

	(Level 1)		(Level 2)		(Level 3)
Assets measured at fair value on a recurring basis:
Securities available for sale
U.S. Treasury securities and obligations of    U.S. Government agencies	$	—	$	67,658	$	—
Obligations of states and political subdivisions		—		338,599		—
Mortgage-backed securities in government    sponsored entities		—		212,015		—
Total securities available for sale		—		618,272		—
Equity securities		—		2,169		—
Swap asset		—		12,481		—
Liabilities measured at fair value on a recurring    basis:
Swap liability		—		12,481		—
Assets measured at fair value on a nonrecurring    basis:
Collateral-dependent loans	$	—	$	—	$	5,083

Quantitative Information about Level 3 Fair Value Measurements

The following tables present quantitative information about the Level 3 significant unobservable inputs for assets and liabilities measured at fair value on a nonrecurring basis at December 31, 2024 and 2023.

	Quantitative Information about Level 3 Fair Value Measurements
December 31, 2024	Fair Value		Valuation Technique	Unobservable Input	Range	Weighted Average
Collateral-dependent loans	$	19,177	Appraisals which utilize sales comparison, net income and cost approach	Discounts for collection issues and changes in market conditions	10 - 75%	25%

	Quantitative Information about Level 3 Fair Value Measurements
December 31, 2023	Fair Value		Valuation Technique	Unobservable Input	Range	Weighted Average
Collateral-dependent loans	$	5,083	Appraisals which utilize sales comparison, net income and cost approach	Discounts for collection issues and changes in market conditions	20 - 50%	27%

Carrying Amount and Fair Value of Financial Instruments Carried at Amortized Cost

The carrying amount and fair value of financial instruments carried at amortized cost were as follows:

December 31, 2024	Carrying Amount		Total Fair Value		Level 1		Level 2		Level 3
Financial Assets:
Cash and due from financial institutions	$	63,155	$	63,155	$	63,155	$	—	$	—
Investments in time deposits		1,450		1,450		—	$	1,450		—
Other securities		30,352		30,352		30,352		—		—
Loans, held for sale		665		665		665		—		—
Loans, net of allowance for credit losses		3,041,561		2,919,899		—		—		2,919,899
Mortgage servicing rights		2,877		3,854		—		—		3,854
Accrued interest receivable		13,453		13,453		13,453		—		—
Financial Liabilities:
Nonmaturing deposits		2,266,916		2,266,916		2,266,916		—		—
Time deposits		944,954		948,734		—		—		948,734
Short-term FHLB advances		339,000		339,000		339,000		—		—
Long-term FHLB advances		1,501		1,418		—		—		1,418
Subordinated debentures		104,089		101,175		—		—		101,175
Other borrowings		6,293		6,293		—		—		6,293
Accrued interest payable		9,518		9,518		9,518		—		—

December 31, 2023	Carrying Amount		Total Fair Value		Level 1		Level 2		Level 3
Financial Assets:
Cash and due from financial institutions	$	60,406	$	60,406	$	60,406	$	—	$	—
Investments in time deposits		1,225		1,225		—	$	1,225		—
Other securities		29,998		29,998		29,998		—		—
Loans, held for sale		1,725		1,725		1,725		—		—
Loans, net of allowance for credit losses		2,824,568		2,679,988		—		—		2,679,988
Mortgage servicing rights		3,018		3,018		—		—		3,018
Accrued interest receivable		12,819		12,819		12,819		—		—
Financial Liabilities:
Nonmaturing deposits		2,084,216		2,084,216		2,084,216		—		—
Time deposits		900,812		899,443		—		—		899,443
Short-term FHLB advances		338,000		337,267		337,267		—		—
Long-term FHLB advances		2,392		2,419		—		—		2,419
Subordinated debentures		103,943		101,563		—		—		101,563
Other borrowings		9,859		9,859		—		—		9,859
Accrued interest payable		9,525		9,525		9,525		—		—