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Fair Value Measurements - Segregated by Level of Valuation Inputs (Details) - USD ($) $ in Thousands | Jun. 30, 2022 | Dec. 31, 2021
--- | --- | ---
Financial assets: |  |
Fair Value | $ 876,738 |
Debt securities held to maturity | 876,738 |
Portfolio loans, net | 7,409,021 | $ 7,101,111
Financial liabilities: |  |
Short-term borrowings | 16,396 | 17,678
Junior subordinated debt owed to unconsolidated trusts | 71,721 | 71,635
Level 1 | Carrying Amount |  |
Financial assets: |  |
Cash and cash equivalents | 230,852 | 836,095
Level 1 | Fair Value |  |
Financial assets: |  |
Cash and cash equivalents | 230,852 | 836,095
Level 2 | Carrying Amount |  |
Financial assets: |  |
Fair Value | 953,012 |
Debt securities held to maturity | 953,012 |
Loans held for sale | 4,813 |
Accrued interest receivable | 32,886 | 31,064
Financial liabilities: |  |
Time deposits | 817,821 | 935,649
Securities sold under agreements to repurchase | 228,383 | 270,139
Short-term borrowings | 16,396 | 17,678
Long-term debt | 36,000 | 46,056
Junior subordinated debt owed to unconsolidated trusts | 71,721 | 71,635
Accrued interest payable | 1,978 | 2,728
Level 2 | Fair Value |  |
Financial assets: |  |
Fair Value | 876,738 |
Debt securities held to maturity | 876,738 |
Loans held for sale | 4,818 |
Accrued interest receivable | 32,886 | 31,064
Financial liabilities: |  |
Time deposits | 800,416 | 935,778
Securities sold under agreements to repurchase | 228,383 | 270,139
Short-term borrowings | 16,480 | 17,673
Long-term debt | 36,101 | 46,164
Junior subordinated debt owed to unconsolidated trusts | 61,349 | 63,586
Accrued interest payable | 1,978 | 2,728
Level 3 | Carrying Amount |  |
Financial assets: |  |
Portfolio loans, net | 7,409,021 | 7,101,111
Mortgage servicing rights | 7,282 | 8,608
Other servicing rights | 1,829 | 1,830
Level 3 | Fair Value |  |
Financial assets: |  |
Portfolio loans, net | 7,293,303 | 7,161,466
Mortgage servicing rights | 17,967 | 12,133
Other servicing rights | 2,235 | 2,268
Level 3 | Senior notes | Carrying Amount |  |
Financial liabilities: |  |
Long-term debt |  | 39,944
Level 3 | Senior notes | Fair Value |  |
Financial liabilities: |  |
Long-term debt |  | 40,400
Level 3 | Subordinated debt | Carrying Amount |  |
Financial liabilities: |  |
Long-term debt | 281,304 | 182,773
Level 3 | Subordinated debt | Fair Value |  |
Financial liabilities: |  |
Long-term debt | $ 280,275 | $ 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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