XML 52 R41.htm IDEA: XBRL DOCUMENT v3.21.2
FAIR VALUE DISCLOSURES AND REPORTING, THE FAIR VALUE OPTION AND FAIR VALUE MEASUREMENTS - Fair Values of off-Balance Sheet Financial Instruments (Details) - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
Jun. 30, 2020
Dec. 31, 2019
Assets:        
Cash and cash equivalents $ 762,486 $ 562,554 $ 539,125 $ 168,864
US Treasury 36,957 9,383    
Obligations of U.S. government agencies and sponsored entities 150,504 100,170    
Municipal securities 531,134 480,374    
Mortgage-backed securities 530,749 401,232    
Corporate obligations 31,417 31,023    
Loans, net 3,004,275 3,087,858    
Net LHFI 3,004,275 3,087,858    
Accrued interest receivable 24,026 26,344    
Liabilities:        
Noninterest- bearing deposits 682,014 571,079    
Interest-bearing deposits 3,991,898 3,644,201    
Subordinated debentures 144,611 144,592    
FHLB and other borrowings   114,647    
Accrued interest payable 1,827 2,134    
Quoted Prices in Active Markets for Identical Assets (Level 1)        
Assets:        
Cash and cash equivalents 762,486 562,554    
US Treasury 36,957 9,383    
Obligations of U.S. government agencies and sponsored entities 0 0    
Municipal securities 0 0    
Mortgage-backed securities 0 0    
Corporate obligations 0 0    
Loans, net 0 0    
Accrued interest receivable 0 0    
Liabilities:        
Noninterest- bearing deposits 0 0    
Interest-bearing deposits 0 0    
Subordinated debentures 0 0    
FHLB and other borrowings   0    
Accrued interest payable 0 0    
Significant Other Observable Inputs (Level 2)        
Assets:        
Cash and cash equivalents 0 0    
US Treasury 0 0    
Obligations of U.S. government agencies and sponsored entities 150,504 100,170    
Municipal securities 511,030 460,248    
Mortgage-backed securities 530,749 401,232    
Corporate obligations 31,199 30,788    
Loans, net 0 0    
Accrued interest receivable 6,107 5,690    
Liabilities:        
Noninterest- bearing deposits 682,014 571,079    
Interest-bearing deposits 3,973,535 3,647,845    
Subordinated debentures 0 0    
FHLB and other borrowings   114,647    
Accrued interest payable 1,827 2,134    
Significant Unobservable Inputs (Level 3)        
Assets:        
Cash and cash equivalents 0 0    
US Treasury 0 0    
Obligations of U.S. government agencies and sponsored entities 0 0    
Municipal securities 20,104 20,126    
Mortgage-backed securities 0 0    
Corporate obligations 218 235    
Loans, net 3,042,805 3,089,318    
Accrued interest receivable 17,919 20,654    
Liabilities:        
Noninterest- bearing deposits 0 0    
Interest-bearing deposits 0 0    
Subordinated debentures 152,968 145,289    
FHLB and other borrowings   0    
Accrued interest payable 0 0    
Estimated Fair Value        
Assets:        
Cash and cash equivalents 762,486 562,554    
US Treasury 36,957 9,383    
Obligations of U.S. government agencies and sponsored entities 150,504 100,170    
Municipal securities 531,134 480,374    
Mortgage-backed securities 530,749 401,232    
Corporate obligations 31,417 31,023    
Loans, net 3,042,805 3,089,318    
Accrued interest receivable 24,026 26,344    
Liabilities:        
Noninterest- bearing deposits 682,014 571,079    
Interest-bearing deposits 3,973,535 3,647,845    
Subordinated debentures 152,968 145,289    
FHLB and other borrowings   114,647    
Accrued interest payable $ 1,827 $ 2,134