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Fair Value (Tables) | 6 Months Ended
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Jun. 30, 2025
Fair Value Disclosures [Abstract] |
Assets And Liabilities Measured At Fair Value On A Recurring Basis | The following table presents assets and liabilities measured at fair value on a recurring basis:
Fair Value Measurements at June 30, 2025 using:
(In thousands) |  | Level 1 |  | Level 2 |  | Level 3 |  | Balance at June 30, 2025
Assets |  |  |  |  |  |  |  |
Investment securities: |  |  |  |  |  |  |  |
Obligations of states and political subdivisions |  | $ | — |  |  | $ | 210,958 |  |  | $ | — |  |  | $ | 210,958 |
U.S. Government sponsored entities’ asset-backed securities |  | — |  |  | 522,385 |  |  | — |  |  | 522,385 |
Collateralized loan obligations |  | — |  |  | 201,724 |  |  | — |  |  | 201,724 |
Corporate debt securities |  | — |  |  | 12,663 |  |  | 6,780 |  |  | 19,443 |
Equity securities |  | 15,582 |  |  | — |  |  | 613 |  |  | 16,195 |
Mortgage loans held for sale |  | — |  |  | 4,385 |  |  | — |  |  | 4,385 |
Mortgage IRLCs |  | — |  |  | 160 |  |  | — |  |  | 160 |
Loan interest rate swaps |  | — |  |  | 641 |  |  | — |  |  | 641 |
Liabilities |  |  |  |  |  |  |  |
Fair value swap |  | $ | — |  |  | $ | — |  |  | $ | 109 |  |  | $ | 109 |
Loan interest rate swaps |  | — |  |  | 641 |  |  | — |  |  | 641 |
Fair Value Measurements at December 31, 2024 using:
(In thousands) |  | Level 1 |  | Level 2 |  | Level 3 |  | Balance at December 31, 2024
Assets |  |  |  |  |  |  |  |
Investment securities: |  |  |  |  |  |  |  |
Obligations of U.S. Government sponsored entities |  | $ | — |  |  | $ | 249 |  |  | $ | — |  |  | $ | 249 |
Obligations of states and political subdivisions |  | — |  |  | 186,883 |  |  | — |  |  | 186,883 |
U.S. Government sponsored entities’ asset-backed securities |  | — |  |  | 518,576 |  |  | — |  |  | 518,576 |
Collateralized loan obligations |  | — |  |  | 271,833 |  |  | — |  |  | 271,833 |
Corporate debt securities |  | — |  |  | 12,419 |  |  | 6,664 |  |  | 19,083 |
Equity securities |  | 10,885 |  |  | — |  |  | 603 |  |  | 11,488 |
Mortgage loans held for sale |  | — |  |  | 5,550 |  |  | — |  |  | 5,550 |
Mortgage IRLCs |  | — |  |  | 85 |  |  | — |  |  | 85 |
Loan interest rate swaps |  | — |  |  | 1,009 |  |  | — |  |  | 1,009 |
Liabilities |  |  |  |  |  |  |  |
Fair value swap |  | $ | — |  |  | $ | — |  |  | $ | 103 |  |  | $ | 103 |
Loan interest rate swaps |  | — |  |  | 1,009 |  |  | — |  |  | 1,009 |
Reconciliation Of Level 3 Input For Financial Instruments Measured On Recurring Basis | The following tables present a reconciliation of the beginning and ending balances of the Level 3 inputs for the three-month and six-month periods ended June 30, 2025 and 2024, for financial instruments measured on a recurring basis and classified as Level 3:
Level 3 Fair Value Measurements
Three months ended June 30, 2025 and 2024
(In thousands) |  | Corporate debt securities |  | Equity securities |  | Fair value swap
Balance at April 1, 2025 |  | $ | 6,722 |  |  | $ | 611 |  |  | $ | (233) |
Transfer into (out of) level 3, net |  | — |  |  | — |  |  | — |
Total gains / (losses) |  |  |  |  |  |
Included in other income / other (expense) |  | — |  |  | 2 |  |  | — |
Included in other comprehensive income |  | 58 |  |  | — |  |  | — |
Purchases, sales, issuances and settlements, other, net |  | — |  |  | — |  |  | 124 |
Balance at June 30, 2025 |  | $ | 6,780 |  |  | $ | 613 |  |  | $ | (109) |
Balance at April 1, 2024 |  | $ | 6,372 |  |  | $ | 495 |  |  | $ | (123) |
Transfers into (out of) level 3, net |  | — |  |  | — |  |  | — |
Total gains |  |  |  |  |  |
Included in other income |  | — |  |  | — |  |  | — |
Included in other comprehensive income |  | 55 |  |  | — |  |  | — |
Balance at June 30, 2024 |  | $ | 6,427 |  |  | $ | 495 |  |  | $ | (123) |
Level 3 Fair Value Measurements
Six months ended June 30, 2025 and 2024
(In thousands) |  | Corporate debt securities |  | Equity securities |  | Fair value swap
Balance at January 1, 2025 |  | $ | 6,664 |  |  | $ | 603 |  |  | $ | (103) |
Transfer into (out of) level 3, net |  | — |  |  | — |  |  | — |
Total gains / (losses) |  |  |  |  |  |
Included in other income / other (expense) |  | — |  |  | 10 |  |  | (130) |
Included in other comprehensive income |  | 116 |  |  | — |  |  | — |
Purchases, sales, issuances and settlements, other, net |  | — |  |  | — |  |  | 124 |
Balance at June 30, 2025 |  | $ | 6,780 |  |  | $ | 613 |  |  | $ | (109) |
Balance at January 1, 2024 |  | $ | 6,349 |  |  | $ | 473 |  |  | $ | (123) |
Transfers into (out of) level 3, net |  | — |  |  | — |  |  | — |
Total gains |  |  |  |  |  |
Included in other income |  | — |  |  | 22 |  |  | — |
Included in other comprehensive income |  | 78 |  |  | — |  |  | — |
Balance at June 30, 2024 |  | $ | 6,427 |  |  | $ | 495 |  |  | $ | (123) |
Assets And Liabilities Measured At Fair Value On A Nonrecurring Basis | The following tables present assets and liabilities measured at fair value on a nonrecurring basis. Individually evaluated collateral dependent loans secured by real estate are carried at fair value if they have been charged down to fair value or if a specific valuation allowance has been established. At June 30, 2025 and December 31, 2024, there were no PCD loans carried at fair value. Additionally, there were no accruing, individually evaluated, collateral-dependent loans carried at fair value. A new cost basis is established at the time a property is initially recorded in OREO. OREO properties are carried at fair value if a devaluation has been taken with respect to the property's value subsequent to the initial measurement. There were no OREO properties recorded at fair value as of June 30, 2025.
Fair Value Measurements at June 30, 2025 using:
(In thousands) |  | Level 1 |  | Level 2 |  | Level 3 |  | Balance at June 30, 2025
Nonaccrual, individually evaluated, collateral-dependent loans recorded at fair value: |  |  |  |  |  |  |  |
Commercial real estate |  | $ | — |  |  | $ | — |  |  | $ | 1,595 |  |  | $ | 1,595 |
Residential real estate |  | — |  |  | — |  |  | 18 |  |  | 18 |
Total nonaccrual, individually evaluated, collateral-dependent loans recorded at fair value |  | $ | — |  |  | $ | — |  |  | $ | 1,613 |  |  | $ | 1,613 |
MSRs |  | $ | — |  |  | $ | 351 |  |  | $ | — |  |  | $ | 351 |
Fair Value Measurements at December 31, 2024 using:
(In thousands) |  | Level 1 |  | Level 2 |  | Level 3 |  | Balance at December 31, 2024
Nonaccrual, individually evaluated, collateral-dependent loans recorded at fair value: |  |  |  |  |  |  |  |
Commercial real estate |  | $ | — |  |  | $ | — |  |  | $ | 1,022 |  |  | $ | 1,022 |
Residential real estate |  | — |  |  | — |  |  | 1,924 |  |  | 1,924 |
Total nonaccrual, individually evaluated, collateral-dependent loans recorded at fair value |  | $ | — |  |  | $ | — |  |  | $ | 2,946 |  |  | $ | 2,946 |
MSRs |  | $ | — |  |  | $ | 371 |  |  | $ | — |  |  | $ | 371 |
OREO recorded at fair value: |  |  |  |  |  |  |  |
Commercial real estate |  | $ | — |  |  | $ | — |  |  | $ | 938 |  |  | $ | 938 |
Total OREO recorded at fair value |  | $ | — |  |  | $ | — |  |  | $ | 938 |  |  | $ | 938 |
Impaired Financing Receivables at fair value |
|  | June 30, 2025
(In thousands) |  | Loan Balance |  | Prior Charge-Offs |  | Specific Valuation Allowance |  | Carrying Balance
Total nonaccrual, individually evaluated, collateral-dependent loans recorded at fair value |  | $ | 1,695 |  |  | $ | 556 |  |  | $ | 82 |  |  | $ | 1,613 |
Remaining nonaccrual, individually evaluated loans |  | 44,852 |  |  | 2,945 |  |  | 692 |  |  | 44,160 |
Total nonaccrual, individually evaluated loans |  | $ | 46,547 |  |  | $ | 3,501 |  |  | $ | 774 |  |  | $ | 45,773 |
|  | December 31, 2024
(In thousands) |  | Loan Balance |  | Prior Charge-Offs |  | Specific Valuation Allowance |  | Carrying Balance
Total nonaccrual, individually evaluated, collateral-dependent loans recorded at fair value |  | $ | 2,986 |  |  | $ | 488 |  |  | $ | 40 |  |  | $ | 2,946 |
Remaining nonaccrual, individually evaluated loans |  | 50,163 |  |  | 4,521 |  |  | 1,259 |  |  | 48,904 |
Total nonaccrual, individually evaluated loans |  | $ | 53,149 |  |  | $ | 5,009 |  |  | $ | 1,299 |  |  | $ | 51,850 |
Qualitative Information about Level 3 Fair Value Measurements Measured on Non-Recurring Basis | The following tables present qualitative information about Level 3 fair value measurements for financial instruments measured at fair value on a nonrecurring basis at June 30, 2025 and December 31, 2024:
June 30, 2025
(In thousands) |  | Fair Value |  | Valuation Technique |  | Unobservable Input(s) |  | Range (Weighted Average)
Nonaccrual, individually evaluated, collateral-dependent loans: |  |  |  |
Commercial real estate |  | $ | 1,595 |  |  | Sales comparison approach |  | Adj to comparables |  | 0.0% - 30.0% (15.3%)
|  |  |  | Income approach |  | Capitalization rate |  | 9.5% - 10.0% (9.6%)
Residential real estate |  | $ | 18 |  |  | Sales comparison approach |  | Adj to comparables |  | 11.9% - 38.9% (25.4%)
December 31, 2024
(In thousands) |  | Fair Value |  | Valuation Technique |  | Unobservable Input(s) |  | Range (Weighted Average)
Nonaccrual, individually evaluated, collateral-dependent loans: |  |  |  |
Commercial real estate |  | $ | 1,022 |  |  | Sales comparison approach |  | Adj to comparables |  | 0.0% - 30.0% (15.2%)
|  |  |  | Income approach |  | Capitalization rate |  | 9.5% - 10.0% (9.6%)
Residential real estate |  | $ | 1,924 |  |  | Sales comparison approach |  | Adj to comparables |  | 4.7% - 45.5% (21.6%)
|  |  |  | Income approach |  | Capitalization rate |  | 6.3% (6.3%)
Other real estate owned: |  |  |  |  |  |  |  |
Commercial real estate |  | $ | 938 |  |  | Sales comparison approach |  | Adj to comparables |  | 5.0% - 10.0% (7.5%)
|  |  |  | Cost approach |  | Entrepreneurial profit |  | 5.0% (5.0%)
|  |  |  | Cost approach |  | Accumulated depreciation |  | 50.0% (50.0%)
Fair Value, by Balance Sheet Grouping | The fair value of certain financial instruments at June 30, 2025 and at December 31, 2024, was as follows:
|  | June 30, 2025
|  |  |  | Fair Value Measurements
(In thousands) |  | Carrying value |  | Level 1 |  | Level 2 |  | Level 3 |  | Total fair value
Financial assets: |  |  |  |  |  |  |  |  |  |
Cash and money market instruments |  | $ | 193,119 |  |  | $ | 193,119 |  |  | $ | — |  |  | $ | — |  |  | $ | 193,119 |
Investment securities (1) |  | 954,510 |  |  | — |  |  | 947,730 |  |  | 6,780 |  |  | 954,510 |
Other investment securities (2) |  | 16,195 |  |  | 15,582 |  |  | — |  |  | 613 |  |  | 16,195 |
Mortgage loans held for sale |  | 4,385 |  |  | — |  |  | 4,385 |  |  | — |  |  | 4,385 |
Mortgage IRLCs |  | 160 |  |  | — |  |  | 160 |  |  | — |  |  | 160 |
Individually evaluated loans carried at fair value |  | 1,613 |  |  | — |  |  | — |  |  | 1,613 |  |  | 1,613 |
Other loans, net |  | 7,867,278 |  |  | — |  |  | — |  |  | 7,728,393 |  |  | 7,728,393 |
Loans receivable, net |  | $ | 7,873,436 |  |  | $ | — |  |  | $ | 4,545 |  |  | $ | 7,730,006 |  |  | $ | 7,734,551 |
Financial liabilities: |  |  |  |  |  |  |  |  |  |
Time deposits |  | $ | 777,284 |  |  | $ | — |  |  | $ | 778,115 |  |  | $ | — |  |  | $ | 778,115 |
Brokered deposits and Bid Ohio CDs |  | 28,000 |  |  | — |  |  | 27,996 |  |  | — |  |  | 27,996 |
Other |  | 3,312 |  |  | 3,312 |  |  | — |  |  | — |  |  | 3,312 |
Deposits (excluding demand deposits) |  | $ | 808,596 |  |  | $ | 3,312 |  |  | $ | 806,111 |  |  | $ | — |  |  | $ | 809,423 |
Short-term borrowings |  | $ | 95,670 |  |  | $ | — |  |  | $ | 95,670 |  |  | $ | — |  |  | $ | 95,670 |
Subordinated notes |  | 189,912 |  |  | — |  |  | 189,058 |  |  | — |  |  | 189,058 |
Derivative financial instruments - assets: |  |  |  |  |  |  |  |  |  |
Loan interest rate swaps |  | $ | 641 |  |  | $ | — |  |  | $ | 641 |  |  | $ | — |  |  | $ | 641 |
Derivative financial instruments - liabilities: |  |  |  |  |  |  |  |  |  |
Fair value swap |  | $ | 109 |  |  | $ | — |  |  | $ | — |  |  | $ | 109 |  |  | $ | 109 |
Loan interest rate swaps |  | 641 |  |  | — |  |  | 641 |  |  | — |  |  | 641 |
(1) Includes debt securities AFS. (2) Excludes FHLB stock and FRB stock which are carried at their respective redemption values, investment securities accounted for at modified cost as these investments do not have a readily determinable fair value, and Partnership Investments valued using the NAV practical expedient.
|  | December 31, 2024
|  |  |  | Fair Value Measurements
(In thousands) |  | Carrying value |  | Level 1 |  | Level 2 |  | Level 3 |  | Total fair value
Financial assets: |  |  |  |  |  |  |  |  |  |
Cash and money market instruments |  | $ | 160,566 |  |  | $ | 160,566 |  |  | $ | — |  |  | $ | — |  |  | $ | 160,566 |
Investment securities (1) |  | 996,624 |  |  | — |  |  | 989,960 |  |  | 6,664 |  |  | 996,624 |
Other investment securities (2) |  | 11,488 |  |  | 10,885 |  |  | — |  |  | 603 |  |  | 11,488 |
Mortgage loans held for sale |  | 5,550 |  |  | — |  |  | 5,550 |  |  | — |  |  | 5,550 |
Mortgage IRLCs |  | 85 |  |  | — |  |  | 85 |  |  | — |  |  | 85 |
Individually evaluated loans carried at fair value |  | 2,946 |  |  | — |  |  | — |  |  | 2,946 |  |  | 2,946 |
Other loans, net |  | 7,720,581 |  |  | — |  |  | — |  |  | 7,586,111 |  |  | 7,586,111 |
Loans receivable, net |  | $ | 7,729,162 |  |  | $ | — |  |  | $ | 5,635 |  |  | $ | 7,589,057 |  |  | $ | 7,594,692 |
Financial liabilities: |  |  |  |  |  |  |  |  |  |
Time deposits |  | $ | 735,297 |  |  | $ | — |  |  | $ | 736,188 |  |  | — |  |  | $ | 736,188 |
Brokered deposits and Bid Ohio CDs |  | 176,486 |  |  | — |  |  | 176,522 |  |  | — |  |  | 176,522 |
Other |  | 1,265 |  |  | 1,265 |  |  | — |  |  | — |  |  | 1,265 |
Deposits (excluding demand deposits) |  | $ | 913,048 |  |  | $ | 1,265 |  |  | $ | 912,710 |  |  | $ | — |  |  | $ | 913,975 |
Short-term borrowings |  | $ | 90,432 |  |  | $ | — |  |  | $ | 90,432 |  |  | $ | — |  |  | $ | 90,432 |
Subordinated notes |  | 189,651 |  |  | — |  |  | 185,599 |  |  | — |  |  | 185,599 |
Derivative financial instruments - assets: |  |  |  |  |  |  |  |  |  |
Loan interest rate swaps |  | $ | 1,009 |  |  | $ | — |  |  | $ | 1,009 |  |  | $ | — |  |  | $ | 1,009 |
Derivative financial instruments - liabilities: |  |  |  |  |  |  |  |  |  |
Fair value swap |  | $ | 103 |  |  | $ | — |  |  | $ | — |  |  | $ | 103 |  |  | $ | 103 |
Loan interest rate swaps |  | 1,009 |  |  | — |  |  | 1,009 |  |  | — |  |  | 1,009 |
(1) Includes debt securities AFS. (2) Excludes FHLB stock and FRB stock which are carried at their respective redemption values, investment securities accounted for at modified cost as these investments do not have a readily determinable fair value, and Partnership Investments valued using the NAV practical expedient.

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- Definition Impaired Financing Receivables at fair value + References No definition available. + Details
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- Definition Reconciliation Of Level 3 Input For Financial Instruments Measured On Recurring Basis. + References No definition available. + Details
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- 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://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (bbb)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 2: http://www.xbrl.org/2003/role/exampleRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 103 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482078/820-10-55-103 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (bbb)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 + Details
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- 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://www.xbrl.org/2003/role/exampleRef -Name Accounting Standards Codification -Section 55 -Paragraph 10 -SubTopic 10 -Topic 825 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482881/825-10-55-10 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 825 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482907/825-10-50-13 Reference 3: http://www.xbrl.org/2003/role/exampleRef -Topic 825 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 12 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482881/825-10-55-12 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 825 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482907/825-10-50-12 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 825 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 11 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482907/825-10-50-11 + Details
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- 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/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 + Details
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