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v3.22.1

Fair Value Measurements - Segregated by Level of Valuation Inputs (Details) - USD ($) $ in Thousands | Mar. 31, 2022 | Dec. 31, 2021
--- | --- | ---
Financial assets: |  |
Fair Value | $ 942,846 |
Debt securities held to maturity | 942,846 |
Portfolio loans, net | 7,184,660 | $ 7,101,111
Financial liabilities: |  |
Short-term borrowings | 17,683 | 17,678
Junior subordinated debt owed to unconsolidated trusts | 71,678 | 71,635
Level 1 | Carrying Amount |  |
Financial assets: |  |
Cash and cash equivalents | 479,228 | 836,095
Level 1 | Fair Value |  |
Financial assets: |  |
Cash and cash equivalents | 479,228 | 836,095
Level 2 | Carrying Amount |  |
Financial assets: |  |
Fair Value | 976,081 |
Debt securities held to maturity | 976,081 |
Loans held for sale | 6,765 |
Accrued interest receivable | 31,947 | 31,064
Financial liabilities: |  |
Time deposits | 890,830 | 935,649
Securities sold under agreements to repurchase | 255,668 | 270,139
Short-term borrowings | 17,683 | 17,678
Long-term debt | 42,881 | 46,056
Junior subordinated debt owed to unconsolidated trusts | 71,678 | 71,635
Accrued interest payable | 5,116 | 2,728
Level 2 | Fair Value |  |
Financial assets: |  |
Fair Value | 942,846 |
Debt securities held to maturity | 942,846 |
Loans held for sale | 6,769 |
Accrued interest receivable | 31,947 | 31,064
Financial liabilities: |  |
Time deposits | 882,358 | 935,778
Securities sold under agreements to repurchase | 255,668 | 270,139
Short-term borrowings | 17,745 | 17,673
Long-term debt | 43,007 | 46,164
Junior subordinated debt owed to unconsolidated trusts | 62,840 | 63,586
Accrued interest payable | 5,116 | 2,728
Level 3 | Carrying Amount |  |
Financial assets: |  |
Portfolio loans, net | 7,184,660 | 7,101,111
Mortgage servicing rights | 8,085 | 8,608
Other servicing rights | 1,712 | 1,830
Level 3 | Fair Value |  |
Financial assets: |  |
Portfolio loans, net | 7,195,985 | 7,161,466
Mortgage servicing rights | 15,499 | 12,133
Other servicing rights | 2,093 | 2,268
Level 3 | Senior notes | Carrying Amount |  |
Financial liabilities: |  |
Long-term debt | 39,978 | 39,944
Level 3 | Senior notes | Fair Value |  |
Financial liabilities: |  |
Long-term debt | 40,000 | 40,400
Level 3 | Subordinated debt | Carrying Amount |  |
Financial liabilities: |  |
Long-term debt | 182,910 | 182,773
Level 3 | Subordinated debt | Fair Value |  |
Financial liabilities: |  |
Long-term debt | $ 188,437 | $ 195,600

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- Definition Including the current and noncurrent portions, the carrying value of junior subordinated long-term debt owed to unconsolidated subsidiary trusts as of the balance sheet date. Such debt places a lender in a lien position behind debt having a higher priority of repayment in liquidation of the entity's assets and was initially scheduled to be repaid after one year or beyond the normal operating cycle if longer. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03.16) -URI http://asc.fasb.org/extlink&oid=120400017&loc=d3e572229-122910 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03.16) -URI http://asc.fasb.org/extlink&oid=120398452&loc=d3e534808-122878 + Details
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