Level in fair value

June 30, 2023

December 31, 2022

measurement

Carrying

Estimated

Carrying

Estimated

hierarchy

amount

fair value

amount

fair value

ASSETS

Cash and cash equivalents

Level 1

$

323,832

$

323,832

$

195,505

$

195,505

U.S. Treasury securities - AFS

Level 1

71,575

71,388

U.S. Treasury securities - HTM

Level 1

49,189

47,444

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

211,205

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

373,780

405,926

Municipal securities available-for-sale

Level 2

153

Corporate debt

Level 2

1,841

1,920

Other available-for-sale securities

Level 3

793

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

320,623

280,617

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

249,588

199,529

262,667

213,479

FHLB and FRB stock

Level 2

41,434

38,390

Loans receivable

Level 3

7,414,357

7,075,463

7,220,469

6,964,107

Loans held for sale

Level 2

25,172

22,767

Accrued interest receivable

Level 2

36,159

34,587

Interest rate swap derivatives

Level 2

44,061

45,046

Mortgage banking derivatives

Level 3

394

407

LIABILITIES

Deposit transaction accounts

Level 2

7,136,589

6,999,226

Time deposits

Level 2

984,269

967,453

873,400

845,688

Securities sold under agreements to repurchase

Level 2

21,422

20,214

Long-term debt

Level 2

55,000

50,972

55,000

52,430

Federal Home Loan Bank advances

Level 2

385,000

Accrued interest payable

Level 2

9,131

3,201

Interest rate swap derivatives

Level 2

12,829

12,589

Mortgage banking derivatives

Level 3

133

278