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

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

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

405,926

Municipal securities available-for-sale

Level 2

154

153

Corporate debt

Level 2

1,892

1,920

Other available-for-sale securities

Level 3

794

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

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

22,767

Accrued interest receivable

Level 2

39,608

34,587

Interest rate swap derivatives

Level 2

34,088

45,046

Mortgage banking derivatives

Level 3

707

407

LIABILITIES

Deposit transaction accounts

Level 2

6,603,191

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

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

385,000

Accrued interest payable

Level 2

6,498

3,201

Interest rate swap derivatives

Level 2

10,042

12,589

Mortgage banking derivatives

Level 3

318

278