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v3.23.1

Fair Value of Financial Instruments (Tables) | 3 Months Ended
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Mar. 31, 2023
Fair Value Measurements |
Fair Value of Financial Instruments | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Level in fair value |  | March 31, 2023 |  | December 31, 2022
​ | ​ | measurement | ​ | Carrying | ​ | Estimated | ​ | Carrying | ​ | Estimated
​ | ​ | hierarchy | ​ | amount |  | fair value |  | amount |  | fair value
ASSETS | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Cash and cash equivalents |  | Level 1 | ​ | $ | 369,705 | ​ | $ | 369,705 | ​ | $ | 195,505 | ​ | $ | 195,505
U.S. Treasury securities - AFS | ​ | Level 1 | ​ | ​ | 72,154 | ​ | ​ | 72,154 | ​ | ​ | 71,388 | ​ | ​ | 71,388
U.S. Treasury securities - HTM | ​ | Level 1 | ​ | ​ | 49,117 | ​ | ​ | 48,141 | ​ | ​ | 49,045 | ​ | ​ | 47,629
Mortgage-backed securities—residential mortgage pass-through securities issued or guaranteed by U.S. Government agencies or sponsored enterprises available-for-sale |  | Level 2 | ​ |  | 222,209 | ​ |  | 222,209 | ​ |  | 226,131 | ​ |  | 226,131
Mortgage-backed securities—other residential mortgage-backed securities issued or guaranteed by U.S. Government agencies or sponsored enterprises available-for-sale |  | Level 2 | ​ |  | 398,282 | ​ |  | 398,282 | ​ |  | 405,926 | ​ |  | 405,926
Municipal securities available-for-sale | ​ | Level 2 | ​ | ​ | 154 | ​ | ​ | 154 | ​ | ​ | 153 | ​ | ​ | 153
Corporate debt | ​ | Level 2 | ​ | ​ | 1,892 | ​ | ​ | 1,892 | ​ | ​ | 1,920 | ​ | ​ | 1,920
Other available-for-sale securities |  | Level 3 | ​ |  | 794 | ​ |  | 794 | ​ |  | 771 | ​ |  | 771
Mortgage-backed securities—residential mortgage pass-through securities issued or guaranteed by U.S. Government agencies or sponsored enterprises held-to-maturity |  | Level 2 | ​ |  | 331,996 | ​ |  | 295,246 | ​ |  | 339,815 | ​ |  | 298,816
Mortgage-backed securities—other residential mortgage-backed securities issued or guaranteed by U.S. Government agencies or sponsored enterprises held-to-maturity |  | Level 2 | ​ |  | 256,808 | ​ |  | 211,869 | ​ |  | 262,667 | ​ |  | 213,479
FHLB and FRB stock | ​ | Level 2 | ​ | ​ | 69,319 | ​ | ​ | 69,319 | ​ | ​ | 38,390 | ​ | ​ | 38,390
Loans receivable |  | Level 3 | ​ |  | 7,345,298 | ​ |  | 7,090,982 | ​ |  | 7,220,469 | ​ |  | 6,964,107
Loans held for sale |  | Level 2 | ​ |  | 24,594 | ​ |  | 24,594 | ​ |  | 22,767 | ​ |  | 22,767
Accrued interest receivable |  | Level 2 | ​ |  | 39,608 | ​ |  | 39,608 | ​ |  | 34,587 | ​ |  | 34,587
Interest rate swap derivatives |  | Level 2 | ​ |  | 34,088 | ​ |  | 34,088 | ​ |  | 45,046 | ​ |  | 45,046
Mortgage banking derivatives | ​ | Level 3 | ​ | ​ | 707 | ​ | ​ | 707 | ​ | ​ | 407 | ​ | ​ | 407
LIABILITIES | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Deposit transaction accounts |  | Level 2 | ​ |  | 6,603,191 | ​ |  | 6,603,191 | ​ |  | 6,999,226 | ​ |  | 6,999,226
Time deposits |  | Level 2 | ​ |  | 978,489 | ​ |  | 953,790 | ​ |  | 873,400 | ​ |  | 845,688
Securities sold under agreements to repurchase |  | Level 2 | ​ |  | 21,492 | ​ |  | 21,492 | ​ |  | 20,214 | ​ |  | 20,214
Long-term debt | ​ | Level 2 | ​ | ​ | 55,000 | ​ | ​ | 49,421 | ​ | ​ | 55,000 | ​ | ​ | 52,430
Federal Home Loan Bank advances |  | Level 2 | ​ |  | 1,000,000 | ​ |  | 1,000,000 | ​ |  | 385,000 | ​ |  | 385,000
Accrued interest payable |  | Level 2 | ​ |  | 6,498 | ​ |  | 6,498 | ​ |  | 3,201 | ​ |  | 3,201
Interest rate swap derivatives | ​ | Level 2 | ​ | ​ | 10,042 | ​ | ​ | 10,042 | ​ |  | 12,589 | ​ |  | 12,589
Mortgage banking derivatives |  | Level 3 | ​ |  | 318 | ​ |  | 318 | ​ | ​ | 278 | ​ | ​ | 278

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- Definition Tabular disclosure of the fair value of financial instruments, including financial assets and financial liabilities, and the measurements of those instruments, assets, and liabilities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 11 -URI https://asc.fasb.org/extlink&oid=123594938&loc=d3e13467-108611 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258 + Details
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