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Fair Value Measurements (Tables) | 9 Months Ended
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Sep. 30, 2025
Fair Value Disclosures [Abstract] |
Schedule Of Assets And Liabilities Measured At Fair Value On A Recurring And Nonrecurring Basis | The following table presents assets and liabilities measured at fair value (in thousands):
| Total | Level 1 | Level 2 | Level 3 |
September 30, 2025 |  |  |  |  |
Recurring fair value measurements |  |  |  |  |
Financial Assets |  |  |  |  |
Obligations of states and political subdivisions | $ | 172,181 |  | $ | — |  | $ | 172,181 |  | $ | — |  |
Mortgage-backed securities: |  |  |  |  |
U.S. Government agencies | 1,302,765 |  | — |  | 1,302,765 |  | — |  |
Private label | 5,016 |  | — |  | 5,016 |  | — |  |
Trust preferred securities | 4,381 |  | — |  | 4,381 |  | — |  |
Corporate securities | 26,429 |  | — |  | 26,429 |  | — |  |
Marketable equity securities | 5,984 |  | 1,748 |  | 4,236 |  | — |  |
Derivative assets | 37,122 |  | — |  | 37,122 |  | — |  |
Financial Liabilities |  |  |  |  |
Derivative liabilities | 35,967 |  | — |  | 35,967 |  | — |  |
Nonrecurring fair value measurements |  |  |  |  |
Financial Assets |  |  |  |  |
Collateral-dependent individually evaluated loans | $ | 7,629 |  | $ | — |  | $ | — |  | $ | 7,629 |  |
Non-Financial Assets |  |  |  |  |
Other real estate owned | 485 |  | — |  | — |  | 485 |  |
December 31, 2024 |  |  |  |  |
Recurring fair value measurements |  |  |  |  |
Financial Assets |  |  |  |  |
Obligations of states and political subdivisions | $ | 183,751 |  | $ | — |  | $ | 183,751 |  | $ | — |  |
Mortgage-backed securities: |  |  |  |  |
U.S. Government agencies | 1,202,081 |  | — |  | 1,202,081 |  | — |  |
Private label | 4,933 |  | — |  | 4,933 |  | — |  |
Trust preferred securities | 4,746 |  | — |  | 4,746 |  | — |  |
Corporate securities | 25,795 |  | — |  | 25,795 |  | — |  |
Marketable equity securities | 6,157 |  | 1,682 |  | 4,475 |  | — |  |
Derivative assets | 57,491 |  | — |  | 57,491 |  | — |  |
Financial Liabilities |  |  |  |  |
Derivative liabilities | 51,257 |  | — |  | 51,257 |  | — |  |
Nonrecurring fair value measurements |  |  |  |  |
Financial Assets |  |  |  |  |
Collateral-dependent individually evaluated loans | $ | 6,602 |  | $ | — |  | $ | — |  | $ | 6,602 |  |
Non-Financial Assets |  |  |  |  |
Other real estate owned | 754 |  | — |  | — |  | 754 |  |
Fair Value Measurement Inputs and Valuation Techniques | The following table presents the changes in Level 3 assets recorded at fair value on a recurring basis during the periods indicated (in thousands):
| September 30, 2025 | December 31, 2024
Beginning balance | $ | — |  | $ | 1,871 |
Changes in fair value | — |  | — |
Changes due to principal reduction | — |  | (1,871) |
Ending balance | $ | — |  | $ | — |
Schedule Of Estimates Of Fair Value Of Financial Instruments | The following table represents the estimates of fair value of financial instruments (in thousands). For short-term financial assets such as cash and cash equivalents, the carrying amount is a reasonable estimate of fair value due to the relatively short time between the origination of the instrument and its expected realization. For financial liabilities such as noninterest-bearing demand, interest-bearing demand and savings deposits, the carrying amount is a reasonable estimate of fair value due to these products having no stated maturity.
| Carrying Amount | Fair Value | Level 1 | Level 2 | Level 3
September 30, 2025 |  |  |  |  |
Assets:
Cash and cash equivalents | $ | 225,594 |  | $ | 225,594 |  | $ | 225,594 |  | $ | — |  | $ | — |
Securities available-for-sale | 1,510,772 |  | 1,510,772 |  | — |  | 1,510,772 |  | — |
Marketable equity securities | 5,984 |  | 5,984 |  | 1,748 |  | 4,236 |  | — |
Net loans | 4,393,117 |  | 4,261,323 |  | — |  | — |  | 4,261,323 |
Accrued interest receivable | 21,890 |  | 21,890 |  | — |  | 21,890 |  | — |
Derivative assets | 37,122 |  | 37,122 |  | — |  | 37,122 |  | — |
Liabilities: |  |  |  |  |
Deposits | 5,257,592 |  | 5,173,711 |  | 3,880,279 |  | 1,293,432 |  | — |
Securities sold under agreements to repurchase | 369,012 |  | 369,012 |  | — |  | 369,012 |  | — |
FHLB long-term advances | 150,000 |  | 151,785 |  | — |  | 151,785 |  | — |
Accrued interest payable | 5,863 |  | 5,863 |  | — |  | 5,863 |  | — |
Derivative liabilities | 35,967 |  | 35,967 |  | — |  | 35,967 |  | — |
December 31, 2024 |  |  |  |  |
Assets: |  |  |  |  |
Cash and cash equivalents | $ | 225,389 |  | $ | 225,389 |  | $ | 225,389 |  | $ | — |  | $ | — |
Securities available-for-sale | 1,421,306 |  | 1,421,306 |  | — |  | 1,421,306 |  | — |
Marketable equity securities | 6,157 |  | 6,157 |  | 1,682 |  | 4,475 |  | — |
Net loans | 4,252,854 |  | 4,126,124 |  | — |  | — |  | 4,126,124 |
Accrued interest receivable | 20,650 |  | 20,650 |  | — |  | 20,650 |  | — |
Derivative assets | 57,491 |  | 57,491 |  | — |  | 57,491 |  | — |
Liabilities: |  |  |  |  |
Deposits | 5,144,150 |  | 5,039,503 |  | 3,799,701 |  | 1,239,802 |  | — |
Securities sold under agreements to repurchase | 325,655 |  | 325,655 |  | — |  | 325,655 |  | — |
FHLB long-term advances | 150,000 |  | 149,137 |  | — |  | 149,137 |  | — |
Accrued interest payable | 6,798 |  | 6,798 |  | — |  | 6,798 |  | — |
Derivative liabilities | 51,257 |  | 51,257 |  | — |  | 51,257 |  | — |

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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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