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FAIR VALUES OF FINANCIAL INSTRUMENTS (Tables)

12 Months Ended

Dec. 31, 2024

Fair Value Disclosures [Abstract]

Schedule of Fair Value Measurements of Assets and Liabilities Recognized in the Balance Sheets Measured at Fair Value on Recurring Basis

The following tables present the fair value measurements of assets and liabilities recognized in the accompanying balance sheets measured at fair value on a recurring basis and the level within the fair value hierarchy in which the fair value measurements fall at December 31, 2024 and 2023.

												Fair Value Measurements Using:
												Quoted Prices in Active Markets for Identical Assets						Significant Other Observable Inputs						Significant Unobservable Inputs
December 31, 2024						Fair Value						(Level 1)						(Level 2)						(Level 3)
Available for sale securities:
U.S. Government-sponsored agency securities						$	79,381					$	—					$	79,381					$	—
State and municipal						863,174						—						860,793						2,381
U.S. Government-sponsored mortgage-backed securities						431,622						—						431,618						4
Corporate obligations						12,298						—						12,267						31
Derivative assets						77,133						—						77,133						—
Derivative liabilities						76,568						—						76,568						—

												Fair Value Measurements Using:
												Quoted Prices in Active Markets for Identical Assets						Significant Other Observable Inputs						Significant Unobservable Inputs
December 31, 2023						Fair Value						(Level 1)						(Level 2)						(Level 3)
Available for sale securities:
U.S. Government-sponsored agency securities						$	95,307					$	—					$	95,307					$	—
State and municipal						1,065,171						—						1,061,896						3,275
U.S. Government-sponsored mortgage-backed securities						454,815						—						454,811						4
Corporate obligations						11,819						—						11,788						31
Derivative assets						79,379						—						79,379						—
Derivative liabilities						79,008						—						79,008						—

Schedule of Reconciliation of Beginning and Ending Balances of Recurring Fair Value Measurements Recognized in the Balance Sheets using Significant Unobservable Level 3 Inputs

The following is a reconciliation of the beginning and ending balances of recurring fair value measurements recognized in the accompanying balance sheets using significant unobservable Level 3 inputs for year ended December 31, 2024 and 2023.

			Available for Sale Securities
			For The Year Ended
			December 31, 2024						December 31, 2023
Beginning Balance			$	3,310					$	3,439
Included in other comprehensive income (loss)			(908)						(186)
Principal payments			14						57
Ending balance			$	2,416					$	3,310

Schedule of Description of Valuation Methodologies Used for Instruments Measured at Fair Value on a Non-Recurring Basis and Recognized in the Balance Sheets

Following is a description of valuation methodologies used for instruments measured at fair value on a nonrecurring basis and recognized in the accompanying balance sheets, as well as the general classification of such instruments pursuant to the valuation hierarchy at December 31, 2024 and 2023.

												Fair Value Measurements Using
December 31, 2024						Fair Value						Quoted Prices in Active Markets for Identical Assets (Level 1)						Significant Other Observable Inputs (Level 2)						Significant Unobservable Inputs (Level 3)
Collateral dependent loans						$	46,810					—						—						$	46,810

												Fair Value Measurements Using
December 31, 2023						Fair Value						Quoted Prices in Active Markets for Identical Assets (Level 1)						Significant Other Observable Inputs (Level 2)						Significant Unobservable Inputs (Level 3)
Collateral dependent loans						$	55,020					—						—						$	55,020

Schedule of Unobservable Inputs Used in Recurring and Nonrecurring Level 3 Fair Value Measurements Other than Goodwill

The following tables present quantitative information about unobservable inputs used in recurring and nonrecurring Level 3 fair value measurements, other than goodwill, at December 31, 2024 and 2023.

December 31, 2024

Fair Value

Valuation Technique

Unobservable Inputs

Range (Weighted-Average)

State and municipal securities

$

2,381

Discounted cash flow

Maturity/Call date

1 month to 6 years

US Muni BQ curve

BBB

Discount rate

3.6% - 4.7%

Weighted-average coupon

3.6%

Corporate obligations and U.S. Government-sponsored mortgage-backed securities

$

35

Discounted cash flow

Risk free rate

3 month CME Term SOFR plus 26bps

plus premium for illiquidity (basis points)

plus 200bps

Weighted-average coupon

0%

Collateral dependent loans

$

46,810

Collateral based measurements

Discount to reflect current market conditions and ultimate collectability

0% - 16%

Weighted-average discount by loan balance

12.6%

December 31, 2023

Fair Value

Valuation Technique

Unobservable Inputs

Range (Weighted-Average)

State and municipal securities

$

3,275

Discounted cash flow

Maturity/Call date

1 month to 15 years

US Muni BQ curve

BBB

Discount rate

3.6% - 4.7%

Weighted-average coupon

3.3%

Corporate obligations and U.S. Government-sponsored mortgage-backed securities

$

35

Discounted cash flow

Risk free rate

3 month CME Term SOFR plus 26bps

plus premium for illiquidity (basis points)

plus 200bps

Weighted-average coupon

0%

Collateral dependent loans

$

55,020

Collateral based measurements

Discount to reflect current market conditions and ultimate collectability

0% - 10%

Weighted-average discount by loan balance

4.1%

Schedule of Estimated Fair Values of Financial Instruments

The following tables present estimated fair values of the Corporation’s financial instruments not carried at fair value and the level within the fair value hierarchy in which the fair value measurements fall at December 31, 2024 and 2023.

			2024
			Carrying Amount						Quoted Prices in Active Markets for Identical Assets (Level 1)						Significant Other Observable Inputs (Level 2)						Significant Unobservable Inputs (Level 3)						Total Fair Value
Assets at December 31:
Cash and due from banks			$	87,616					$	87,616					$	—					$	—					$	87,616
Interest-bearing deposits			298,891						298,891						—						—						298,891
Investment securities held to maturity			2,074,220						—						1,716,647						6,873						1,723,520
Loans held for sale			18,663						—						18,663						—						18,663
Loans			12,661,602						—						—						12,437,523						12,437,523
Federal Home Loan Bank stock			41,690						—						41,690						—						41,690
Interest receivable			91,829						—						91,829						—						91,829
Liabilities at December 31:
Deposits			14,521,626						$	12,502,819					$	2,010,348					$	—					14,513,167
Borrowings:
Securities sold under repurchase agreements			142,876						—						142,865						—						142,865
Federal Home Loan Bank advances			822,554						—						816,786						—						816,786
Subordinated debentures and other borrowings			93,529						—						84,108						—						84,108
Interest payable			16,102						—						16,102						—						16,102

			2023
			Carrying Amount						Quoted Prices in Active Markets for Identical Assets (Level 1)						Significant Other Observable Inputs (Level 2)						Significant Unobservable Inputs (Level 3)						Total Fair Value
Assets at December 31:
Cash and due from banks			$	112,649					$	112,649					$	—					$	—					$	112,649
Interest-bearing deposits			436,080						436,080						—						—						436,080
Investment securities held to maturity, net			2,184,252						—						1,859,974						10,400						1,870,374
Loans held for sale			18,934						—						18,934						—						18,934
Loans			12,281,093						—						—						11,958,301						11,958,301
Federal Home Loan Bank stock			41,769						—						41,769						—						41,769
Interest receivable			97,664						—						97,664						—						97,664
Liabilities at December 31:
Deposits			$	14,821,453					$	12,482,295					$	2,329,662					$	—					14,811,957
Borrowings:
Securities sold under repurchase agreements			157,280						—						157,265						—						157,265
Federal Home Loan Bank advances			712,852						—						707,377						—						707,377
Subordinated debentures and other borrowings			158,644						—						149,995						—						149,995
Interest payable			18,912						—						18,912						—						18,912

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Fair Value, Assets And Liabilities Measured On Recurring Basis, Unobservable Input Reconciliation

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