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FAIR VALUE - Assets and Liabilities Measured at Fair Value on a Recurring Basis (Details) - USD ($) $ in Thousands | Dec. 31, 2022 | Dec. 31, 2021
--- | --- | ---
Assets: |  |
Derivative Asset, Statement of Financial Position [Extensible Enumeration] | Other Assets | Other Assets
Mortgage banking derivative | $ 36,920 | $ 14,309
Derivative Liability, Statement of Financial Position [Extensible Enumeration] |  | Other liabilities
Liabilities: |  |
Mortgage banking derivative | 36,921 | $ 14,329
Fair Value, Measurements, Recurring |  |
Assets: |  |
U.S. Treasury securities | 3,034 | 900
U.S. government sponsored agency securities | 126,961 | 143,452
Mortgage-backed securities: residential | 492,308 | 486,676
Mortgage-backed securities: commercial |  | 523
State and municipal securities | 563,225 | 767,007
Total Available-for-Sale Securities | 1,185,528 | 1,398,558
Mortgage banking derivative | 43 | 398
Interest rate swap derivative | 36,920 | 14,309
Total assets | 1,222,491 | 1,413,265
Liabilities: |  |
Mortgage banking derivative |  | 2
Interest rate swap derivative | 36,921 | 14,329
Total liabilities | 36,921 | 14,331
Level 1 | Fair Value, Measurements, Recurring |  |
Assets: |  |
U.S. Treasury securities | 3,034 | 900
U.S. government sponsored agency securities | 0 | 0
Mortgage-backed securities: residential | 0 | 0
Mortgage-backed securities: commercial |  | 0
State and municipal securities | 0 | 0
Total Available-for-Sale Securities | 3,034 | 900
Mortgage banking derivative | 0 | 0
Interest rate swap derivative | 0 | 0
Total assets | 3,034 | 900
Liabilities: |  |
Mortgage banking derivative |  | 0
Interest rate swap derivative | 0 | 0
Total liabilities | 0 | 0
Level 2 | Fair Value, Measurements, Recurring |  |
Assets: |  |
U.S. Treasury securities | 0 | 0
U.S. government sponsored agency securities | 126,961 | 143,452
Mortgage-backed securities: residential | 492,308 | 486,676
Mortgage-backed securities: commercial |  | 523
State and municipal securities | 561,150 | 764,964
Total Available-for-Sale Securities | 1,180,419 | 1,395,615
Mortgage banking derivative | 43 | 398
Interest rate swap derivative | 36,920 | 14,309
Total assets | 1,217,382 | 1,410,322
Liabilities: |  |
Mortgage banking derivative |  | 2
Interest rate swap derivative | 36,921 | 14,329
Total liabilities | 36,921 | 14,331
Level 3 | Fair Value, Measurements, Recurring |  |
Assets: |  |
U.S. Treasury securities | 0 | 0
U.S. government sponsored agency securities | 0 | 0
Mortgage-backed securities: residential | 0 | 0
Mortgage-backed securities: commercial |  | 0
State and municipal securities | 2,075 | 2,043
Total Available-for-Sale Securities | 2,075 | 2,043
Mortgage banking derivative | 0 | 0
Interest rate swap derivative | 0 | 0
Total assets | 2,075 | 2,043
Liabilities: |  |
Mortgage banking derivative |  | 0
Interest rate swap derivative | 0 | 0
Total liabilities | $ 0 | $ 0

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- Definition Fair value disclosure of debt securities issued by United States government agency such as Government National Mortgage Association (Ginnie Mae), Federal Home Loan Mortgage Corporation(Freddie Mac), and Federal National Mortgage Association (Fannie Mae), which are short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Generally, only investments with original maturities of three months or less qualify under that definition. Original maturity means original maturity to the entity holding the investment. For example, both a three-month US Treasury bill and a three-year Treasury note purchased three months from maturity qualify as cash equivalents. However, a Treasury note purchased three-years ago does not become a cash equivalent when its remaining maturity is three months. + References No definition available. + Details
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