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v3.25.1

FAIR VALUES OF FINANCIAL INSTRUMENTS - Estimated Fair Values of Financial Instruments (Details) - USD ($) $ in Thousands | Mar. 31, 2025 | Dec. 31, 2024
--- | --- | ---
Assets: |  |
Cash and due from banks | $ 86,113 | $ 87,616
Interest-bearing deposits | 331,534 | 298,891
Investment securities held to maturity, net | 1,705,006 | 1,723,520
Loans held for sale | 23,004 | 18,663
Net loans | 12,641,050 | 12,437,523
Federal Home Loan Bank stock | 45,006 | 41,690
Interest receivable | 88,352 | 91,829
Liabilities: |  |
Deposits | 14,455,946 | 14,513,167
Borrowings: |  |
Securities sold under repurchase agreements | 122,938 | 142,865
Federal Home Loan Bank advances | 973,038 | 816,786
Subordinated debentures and other borrowings | 58,041 | 84,108
Interest payable | 13,304 | 16,102
Quoted Prices in Active Markets for Identical Assets (Level 1) |  |
Assets: |  |
Cash and due from banks | 86,113 | 87,616
Interest-bearing deposits | 331,534 | 298,891
Investment securities held to maturity, net | 0 | 0
Loans held for sale | 0 | 0
Net loans | 0 | 0
Federal Home Loan Bank stock | 0 | 0
Interest receivable | 0 | 0
Liabilities: |  |
Deposits | 12,578,429 | 12,502,819
Borrowings: |  |
Securities sold under repurchase agreements | 0 | 0
Federal Home Loan Bank advances | 0 | 0
Subordinated debentures and other borrowings | 0 | 0
Interest payable | 0 | 0
Significant Other Observable Inputs (Level 2) |  |
Assets: |  |
Cash and due from banks | 0 | 0
Interest-bearing deposits | 0 | 0
Investment securities held to maturity, net | 1,698,685 | 1,716,647
Loans held for sale | 23,004 | 18,663
Net loans | 0 | 0
Federal Home Loan Bank stock | 45,006 | 41,690
Interest receivable | 88,352 | 91,829
Liabilities: |  |
Deposits | 1,877,517 | 2,010,348
Borrowings: |  |
Securities sold under repurchase agreements | 122,938 | 142,865
Federal Home Loan Bank advances | 973,038 | 816,786
Subordinated debentures and other borrowings | 58,041 | 84,108
Interest payable | 13,304 | 16,102
Significant Unobservable Inputs (Level 3) |  |
Assets: |  |
Cash and due from banks | 0 | 0
Interest-bearing deposits | 0 | 0
Investment securities held to maturity, net | 6,321 | 6,873
Loans held for sale | 0 | 0
Net loans | 12,641,050 | 12,437,523
Federal Home Loan Bank stock | 0 | 0
Interest receivable | 0 | 0
Liabilities: |  |
Deposits | 0 | 0
Borrowings: |  |
Securities sold under repurchase agreements | 0 | 0
Federal Home Loan Bank advances | 0 | 0
Subordinated debentures and other borrowings | 0 | 0
Interest payable | 0 | 0
Carrying Amount |  |
Assets: |  |
Cash and due from banks | 86,113 | 87,616
Interest-bearing deposits | 331,534 | 298,891
Investment securities held to maturity, net | 2,048,632 | 2,074,220
Loans held for sale | 23,004 | 18,663
Net loans | 12,812,874 | 12,661,602
Federal Home Loan Bank stock | 45,006 | 41,690
Interest receivable | 88,352 | 91,829
Liabilities: |  |
Deposits | 14,461,978 | 14,521,626
Borrowings: |  |
Securities sold under repurchase agreements | 122,947 | 142,876
Federal Home Loan Bank advances | 972,478 | 822,554
Subordinated debentures and other borrowings | 62,619 | 93,529
Interest payable | $ 13,304 | $ 16,102

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