XML 46 R35.htm IDEA: XBRL DOCUMENT
v3.20.2

Fair Value of Financial Instruments (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2020
Notes Tables |
Schedule of financial assets and financial liabilities | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Fair Value | ​ | Fair Value | ​ | Changes in Fair Values For Items Measured at Fair Value
​ | ​ | Measurements | ​ | Measurements | ​ | Pursuant to Election of the Fair Value Option
​ |  | at June 30, |  | at December 31, |  | Three Months Ended | ​ | Six Months Ended
(In thousands) |  | 2020 |  | 2019 |  | June 30, 2020 |  | June 30, 2019 |  | June 30, 2020 | ​ | June 30, 2019
​ |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |
Mortgage-backed securities | ​ | $ | 703 | ​ | $ | 772 | ​ | $ | (1) | ​ | $ | 1 | ​ | $ | 2 | ​ | $ | 2
Other securities | ​ |  | 13,707 | ​ |  | 13,548 | ​ |  | (182) | ​ |  | 184 | ​ |  | 37 | ​ |  | 363
Borrowed funds | ​ |  | 35,570 | ​ |  | 44,384 | ​ |  | 10,334 | ​ |  | (544) | ​ |  | 7,983 | ​ |  | (1,754)
Net gain (loss) from fair value adjustments (1)(2) | ​ | ​ | ​ | ​ | ​ | ​ | ​ | $ | 10,151 | ​ | $ | (359) | ​ | $ | 8,022 | ​ | $ | (1,389)
(1) | The net gain (loss) from fair value adjustments presented in the above table does not include net gains (losses) of $0.1 million and ($1.6) million for the three months ended June 30, 2020 and 2019, respectively, from the change in the fair value of interest rate swaps.
(2) | The net gain (loss) from fair value adjustments presented in the above table does not include net losses of $3.8 million and $2.6 million for the six months ended June 30, 2020 and 2019, respectively, from the change in the fair value of interest rate swaps.
Schedule of assets and liabilities that are carried at fair value on recurring basis | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Quoted Prices | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | in Active Markets | ​ | Significant Other | ​ | Significant Other | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | for Identical Assets | ​ | Observable Inputs | ​ | Unobservable Inputs | ​ | Total carried at fair value
​ | ​ | (Level 1) | ​ | (Level 2) | ​ | (Level 3) | ​ | on a recurring basis
​ |  | 2020 |  | 2019 |  | 2020 |  | 2019 |  | 2020 |  | 2019 |  | 2020 |  | 2019
​ |  | (In thousands)
Assets: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Securities available for sale | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Mortgage-backed Securities | ​ | $ | — | ​ | $ | — | ​ | $ | 442,507 | ​ | $ | 523,849 | ​ | $ | — | ​ | $ | — | ​ | $ | 442,507 | ​ | $ | 523,849
Other securities | ​ |  | 12,639 | ​ |  | 12,216 | ​ |  | 219,096 | ​ |  | 235,103 | ​ |  | 1,068 | ​ |  | 1,332 | ​ |  | 232,803 | ​ |  | 248,651
Interest rate swaps | ​ |  | — | ​ |  | — | ​ |  | 57 | ​ |  | 2,352 | ​ |  | — | ​ |  | — | ​ |  | 57 | ​ |  | 2,352
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Total assets | ​ | $ | 12,639 | ​ | $ | 12,216 | ​ | $ | 661,660 | ​ | $ | 761,304 | ​ | $ | 1,068 | ​ | $ | 1,332 | ​ | $ | 675,367 | ​ | $ | 774,852
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Liabilities: | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |
Borrowings | ​ | $ | — | ​ | $ | — | ​ | $ | — | ​ | $ | — | ​ | $ | 35,570 | ​ | $ | 44,384 | ​ | $ | 35,570 | ​ | $ | 44,384
Interest rate swaps | ​ |  | — | ​ |  | — | ​ |  | 75,193 | ​ |  | 19,653 | ​ |  | — | ​ |  | — | ​ |  | 75,193 | ​ |  | 19,653
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Total liabilities | ​ | $ | — | ​ | $ | — | ​ | $ | 75,193 | ​ | $ | 19,653 | ​ | $ | 35,570 | ​ | $ | 44,384 | ​ | $ | 110,763 | ​ | $ | 64,037
Schedule of assets and liabilities that are carried at fair value on a recurring basis, classified within Level 3 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | For the three months ended
​ | ​ | June 30, 2020 | ​ | June 30, 2019
​ | ​ | Trust preferred | ​ | Junior subordinated | ​ | Trust preferred | ​ | Junior subordinated
​ |  | securities |  | debentures |  | securities |  | debentures
​ |  | (In thousands)
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Beginning balance | ​ | $ | 1,355 | ​ | $ | 45,126 | ​ | $ | 1,289 | ​ | $ | 42,941
Net (loss) gain from fair value adjustment of financial assets (1) | ​ |  | (285) | ​ |  | — | ​ |  | 15 | ​ |  | —
Net (gain) loss from fair value adjustment of financial liabilities (1) | ​ |  | — | ​ |  | (10,334) | ​ |  | — | ​ |  | 543
Decrease in accrued interest receivable | ​ | ​ | (2) | ​ | ​ | — | ​ | ​ | (1) | ​ | ​ | —
Increase in accrued interest payable | ​ |  | — | ​ |  | (61) | ​ |  | — | ​ |  | (21)
Change in unrealized gains included in other comprehensive income | ​ |  | — | ​ |  | 839 | ​ |  | — | ​ |  | (49)
Ending balance | ​ | $ | 1,068 | ​ | $ | 35,570 | ​ | $ | 1,303 | ​ | $ | 43,414
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Changes in unrealized gains held at period end | ​ | $ | — | ​ |  | 2,223 | ​ |  | — | ​ |  | 1,425
(1) | Totals in the table above are presented in the Consolidated Statement of Income under net gain (loss) from fair value adjustments.
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | For the six months ended
​ | ​ | June 30, 2020 | ​ | June 30, 2019
​ | ​ | Trust preferred | ​ | Junior subordinated | ​ | Trust preferred | ​ | Junior subordinated
​ |  | securities |  | debentures |  | securities |  | debentures
​ |  | (In thousands)
Beginning balance | ​ | $ | 1,332 | ​ | $ | 44,384 | ​ | $ | 1,256 | ​ | $ | 41,849
Net (loss) gain from fair value adjustment of financial assets (1) | ​ |  | (261) | ​ |  | — | ​ |  | 47 | ​ |  | —
Net (gain) loss from fair value adjustment of financial liabilities (1) | ​ |  | — | ​ |  | (7,983) | ​ |  | — | ​ |  | 1,753
Decrease in accrued interest receivable | ​ | ​ | (3) | ​ | ​ | — | ​ | ​ | — | ​ | ​ | —
Increase in accrued interest payable | ​ |  | — | ​ |  | (85) | ​ |  | — | ​ |  | (11)
Change in unrealized gains included in other comprehensive income | ​ |  | — | ​ |  | (746) | ​ |  | — | ​ |  | (177)
Ending balance | ​ | $ | 1,068 | ​ | $ | 35,570 | ​ | $ | 1,303 | ​ | $ | 43,414
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Changes in unrealized gains held at period end | ​ | $ | — | ​ |  | 2,223 | ​ |  | — | ​ |  | 1,425
Schedule of assets and liabilities that are carried at fair value on non-recurring basis | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Quoted Prices |  | ​ | ​ | ​ | ​ | ​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​
​ | ​ | in Active Markets | ​ | Significant Other | ​ | Significant Other | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | for Identical Assets | ​ | Observable Inputs | ​ | Unobservable Inputs | ​ | Total carried at fair value
​ | ​ | (Level 1) | ​ | (Level 2) | ​ | (Level 3) | ​ | on a non-recurring basis
​ |  | 2020 |  | 2019 |  | 2020 |  | 2019 |  | 2020 |  | 2019 |  | 2020 |  | 2019
​ |  | (In thousands)
Assets |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |
Non-accrual loans | ​ | $ | — | ​ | $ | — | ​ | $ | — | ​ | $ | — | ​ | $ | 1,430 | ​ | $ | 1,081 | ​ | $ | 1,430 | ​ | $ | 1,081
Other real estate owned | ​ |  | — | ​ |  | — | ​ |  | — | ​ |  | — | ​ |  | 208 | ​ |  | 239 | ​ |  | 208 | ​ |  | 239
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Total assets | ​ | $ | — | ​ | $ | — | ​ | $ | — | ​ | $ | — | ​ | $ | 1,638 | ​ | $ | 1,320 | ​ | $ | 1,638 | ​ | $ | 1,320
Schedule of carrying amounts and estimated fair values of selected financial instruments | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | June 30, 2020
​ | ​ | Carrying | ​ | Fair | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Amount |  | Value |  | Level 1 |  | Level 2 |  | Level 3
​ |  | (In thousands)
Assets: |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Cash and due from banks | ​ | $ | 84,754 | ​ | $ | 84,754 | ​ | $ | 84,754 | ​ | $ | — | ​ | $ | —
Securities held-to-maturity | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |
Mortgage-backed securities | ​ |  | 7,924 | ​ |  | 9,126 | ​ |  | — | ​ |  | 9,126 | ​ |  | —
Other securities | ​ |  | 50,480 | ​ |  | 52,532 | ​ |  | — | ​ |  | — | ​ |  | 52,532
Securities available for sale | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |
Mortgage-backed securities | ​ |  | 442,507 | ​ |  | 442,507 | ​ |  | — | ​ |  | 442,507 | ​ |  | —
Other securities | ​ |  | 232,803 | ​ |  | 232,803 | ​ |  | 12,639 | ​ |  | 219,096 | ​ |  | 1,068
Loans | ​ |  | 5,983,275 | ​ |  | 6,050,424 | ​ |  | — | ​ |  | — | ​ |  | 6,050,424
FHLB-NY stock | ​ |  | 56,400 | ​ |  | 56,400 | ​ |  | — | ​ |  | 56,400 | ​ |  | —
Accrued interest receivable | ​ |  | 30,219 | ​ |  | 30,219 | ​ |  | 1 | ​ |  | 1,793 | ​ |  | 28,425
Interest rate swaps | ​ |  | 57 | ​ |  | 57 | ​ |  | — | ​ |  | 57 | ​ |  | —
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Liabilities: | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |
Deposits | ​ | $ | 5,098,399 | ​ | $ | 4,769,134 | ​ | $ | 3,623,519 | ​ | $ | 1,145,615 | ​ | $ | —
Borrowings | ​ |  | 1,305,187 | ​ |  | 1,313,822 | ​ |  | — | ​ |  | 1,278,252 | ​ |  | 35,570
Accrued interest payable | ​ |  | 5,071 | ​ |  | 5,071 | ​ |  | — | ​ |  | 5,071 | ​ |  | —
Interest rate swaps | ​ |  | 75,193 | ​ |  | 75,193 | ​ |  | — | ​ |  | 75,193 | ​ |  | —
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | December 31, 2019
​ | ​ | Carrying | ​ | Fair | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Amount |  | Value |  | Level 1 |  | Level 2 |  | Level 3
​ | ​ | (In thousands)
Assets: |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Cash and due from banks | ​ | $ | 49,787 | ​ | $ | 49,787 | ​ | $ | 49,787 | ​ | $ | — | ​ | $ | —
Securities held-to-maturity | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |
Mortgage-backed securities | ​ |  | 7,934 | ​ |  | 8,114 | ​ |  | — | ​ |  | 8,114 | ​ |  | —
Other securities | ​ |  | 50,954 | ​ |  | 53,998 | ​ |  | — | ​ |  | — | ​ |  | 53,998
Securities available for sale | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |
Mortgage-backed securities | ​ |  | 523,849 | ​ |  | 523,849 | ​ |  | — | ​ |  | 523,849 | ​ |  | —
Other securities | ​ |  | 248,651 | ​ |  | 248,651 | ​ |  | 12,216 | ​ |  | 235,103 | ​ |  | 1,332
Loans | ​ |  | 5,772,206 | ​ |  | 5,822,124 | ​ |  | — | ​ |  | — | ​ |  | 5,822,124
FHLB-NY stock | ​ |  | 56,921 | ​ |  | 56,921 | ​ |  | — | ​ |  | 56,921 | ​ |  | —
Accrued interest receivable | ​ |  | 25,722 | ​ |  | 25,722 | ​ |  | 9 | ​ |  | 2,519 | ​ |  | 23,194
Interest rate swaps | ​ |  | 2,352 | ​ |  | 2,352 | ​ |  | — | ​ |  | 2,352 | ​ |  | —
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Liabilities: | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |
Deposits | ​ | $ | 5,066,424 | ​ | $ | 5,070,046 | ​ | $ | 3,628,534 | ​ | $ | 1,441,512 | ​ | $ | —
Borrowings | ​ |  | 1,237,231 | ​ |  | 1,389,883 | ​ |  | — | ​ |  | 1,345,499 | ​ |  | 44,384
Accrued interest payable | ​ |  | 6,752 | ​ |  | 6,752 | ​ |  | — | ​ |  | 6,752 | ​ |  | —
Interest rate swaps | ​ |  | 19,653 | ​ |  | 19,653 | ​ |  | — | ​ |  | 19,653 | ​ |  | —
Fair Value, Measurements, Nonrecurring [Member] |
Notes Tables |
Schedule of quantitative information about Level 3 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | June 30, 2020
​ |  | Fair Value |  | Valuation Technique |  | Unobservable Input |  | Range |  | Weighted Average
​ | ​ | (Dollars in thousands)
Assets: |  | ​ |  |  |  |  |  |  |  |  |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Non-accrual loans | ​ | $ | 170 |  | Sales approach |  | Adjustment to sales comparison value to reconcile differences between comparable sales |  | 0.0% | ​ | 0.0%
​ | ​ |  | ​ |  | ​ | ​ | Reduction for planned expedited disposal | ​ | 87.8% | ​ | 87.8%
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Non-accrual loans | ​ | $ | 818 |  | Discounted Cash flow |  | Discount Rate |  | 6.4% | ​ | 6.4%
​ | ​ | ​ | ​ | ​ | ​ | ​ | Probability of Default | ​ | 20.0% | ​ | 20.0%
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ |  | ​ |  | ​ | ​ | ​ | ​ | ​ | ​ | ​
Non-accrual loans | ​ | $ | 442 |  | Blended income and sales approach |  | Adjustment to sales comparison value to reconcile differences between comparable sales |  | (10.0%) to 20.0% | ​ | 5.4%
​ | ​ | ​ | ​ | ​ | ​ |  | Capitalization rate |  | 8.5% to 9.5% | ​ | 9.1%
​ | ​ | ​ | ​ | ​ | ​ | ​ | Reduction for planned expedited disposal | ​ | 15.0% | ​ | 15.0%
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Other real estate owned | ​ | $ | 208 | ​ | Sales approach | ​ | Adjustment to sales comparison value to reconcile differences between comparable sales | ​ | 0.5% to 12.5% | ​ | 6.5%
​ | ​ | ​ | ​ | ​ | ​ | ​ | Reduction for planned expedited disposal | ​ | 0.0% | ​ | 0.0%
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | At December 31, 2019
​ |  | Fair Value |  | Valuation Technique |  | Unobservable Input |  | Range |  | Weighted Average
​ | ​ | (Dollars in thousands)
Assets: |  | ​ |  |  |  |  |  |  |  |  |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Impaired loans | ​ | $ | 809 |  | Discounted Cash flow |  | Discount Rate |  | 6.4% | ​ | 6.4%
​ | ​ |  | ​ |  | ​ | ​ | Probability of Default | ​ | 20.0% | ​ | 20.0%
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Impaired loans | ​ | $ | 272 |  | Blended income and sales approach |  | Adjustment to sales comparison value to reconcile differences between comparable sales |  | (10.0%) to 15.0% | ​ | 2.5%
​ | ​ | ​ | ​ | ​ | ​ | ​ | Capitalization Rate | ​ | 9.5% | ​ | 9.5%
​ | ​ | ​ | ​ | ​ | ​ | ​ | Reduction for planned expedited disposal | ​ | 15.0% | ​ | 15.0%
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Other real estate owned | ​ | $ | 239 |  | Sales approach |  | Reduction for planned expedited disposal |  | 0.5% to 12.5% | ​ | 6.5%
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Fair Value, Measurements, Recurring [Member] |
Notes Tables |
Schedule of quantitative information about Level 3 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | June 30, 2020 |
​ |  | Fair Value |  | Valuation Technique |  | Unobservable Input |  | Range |  | Weighted Average | ​
​ |  | ​ | (Dollars in thousands) | ​
Assets: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Trust preferred securities | ​ | $ | 1,068 |  | Discounted cash flows |  | Discount rate |  | n/a |  | 5.5 | %
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Liabilities: | ​ |  |  |  |  |  |  |  |  |  |  | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Junior subordinated debentures | ​ | $ | 35,570 |  | Discounted cash flows |  | Discount rate |  | n/a |  | 5.5 | %
​ ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | December 31, 2019 |
​ |  | Fair Value |  | Valuation Technique |  | Unobservable Input |  | Range |  | Weighted Average |
​ |  | (Dollars in thousands) | ​
Assets: |  | ​ |  |  |  |  |  |  |  |  |  | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Trust preferred securities | ​ | $ | 1,332 |  | Discounted cash flows |  | Discount rate |  | n/a |  | 4.2 | %
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Liabilities: | ​ |  |  |  |  |  |  |  |  |  |  | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Junior subordinated debentures | ​ | $ | 44,384 |  | Discounted cash flows |  | Discount rate |  | n/a |  | 4.2 | %

X
- Definition Tabular disclosure of input and valuation technique used to measure fair value and change in valuation approach and technique for each separate class of asset and liability measured on recurring and nonrecurring basis. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (bbb) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 + Details
Name: | us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assets and liabilities by class, including financial instruments measured at fair value that are classified in shareholders' equity, if any, that are measured at fair value on a nonrecurring basis in periods after initial recognition (for example, impaired assets). Disclosures may include, but are not limited to: (a) the fair value measurements recorded and the reasons for the measurements and (b) the level within the fair value hierarchy in which the fair value measurements are categorized in their entirety (levels 1, 2, 3). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (bbb) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 + Details
Name: | us-gaap_FairValueAssetsMeasuredOnNonrecurringBasisTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the fair value measurement of assets using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes during the period attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets) and gains or losses recognized in other comprehensive income (loss), and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs), by class of asset. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19279-110258 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 + Details
Name: | us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the fair value of financial instruments, including financial assets and financial liabilities, and the measurements of those instruments, assets, and liabilities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=118260190&loc=d3e13467-108611 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 + Details
Name: | us-gaap_FairValueByBalanceSheetGroupingTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information about asset and liability measured at fair value under fair value option. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=75031198&loc=d3e14210-108612 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=75031198&loc=d3e14172-108612 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=75031198&loc=d3e14217-108612 Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 28 -URI http://asc.fasb.org/extlink&oid=75031198&loc=d3e14064-108612 + Details
Name: | us-gaap_FairValueOptionQuantitativeDisclosuresTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 + Details
Name: | us-gaap_ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_TableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_FairValueByMeasurementFrequencyAxis=us-gaap_FairValueMeasurementsNonrecurringMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FairValueByMeasurementFrequencyAxis=us-gaap_FairValueMeasurementsRecurringMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |