XML 104 R95.htm IDEA: XBRL DOCUMENT v3.23.2
Fair Value of Financial Instruments - Schedule of Fair Value of Financial Instruments (Details) - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
ASSETS:    
Cash and cash equivalents $ 323,832 $ 195,505
Investment securities available-for-sale (at fair value) 659,347 706,289
Investment securities held-to-maturity, fair value 527,590 559,924
Mortgage-backed securities-residential mortgage pass-through securities issued or guaranteed by U.S. Government agencies or sponsored enterprises held-to-maturity 619,400 651,527
Loans receivable 7,321,776 7,130,916
Capital stock of FHLB 17,372 20,294
Total Loans 7,414,357 7,220,469
Loans held-for-sale 25,172 22,767
LIABILITIES:    
Time deposits 984,269 873,400
Securities sold under agreements to repurchase 21,422 20,214
Long-term debt 54,045 53,890
Federal Home Loan Bank advances 385,000 385,000
U.S. Treasury Securities [Member]    
ASSETS:    
Investment securities available-for-sale (at fair value) 71,575 71,388
Investment securities held-to-maturity, fair value 47,444 47,629
Mortgage-backed securities-residential mortgage pass-through securities issued or guaranteed by U.S. Government agencies or sponsored enterprises held-to-maturity 49,189 49,045
Residential Mortgage Pass-Through Securities Issued or Guaranteed by U.S. Government Agencies or Sponsored Enterprises [Member].    
ASSETS:    
Investment securities available-for-sale (at fair value) 211,205 226,131
Investment securities held-to-maturity, fair value 280,617 298,816
Mortgage-backed securities-residential mortgage pass-through securities issued or guaranteed by U.S. Government agencies or sponsored enterprises held-to-maturity 320,623 339,815
Other Residential MBS Issued or Guaranteed by U.S. Government Agencies or Sponsored Enterprises [Member]    
ASSETS:    
Investment securities available-for-sale (at fair value) 373,780 405,926
Investment securities held-to-maturity, fair value 199,529 213,479
Mortgage-backed securities-residential mortgage pass-through securities issued or guaranteed by U.S. Government agencies or sponsored enterprises held-to-maturity 249,588 262,667
Other Securities [Member]    
ASSETS:    
Investment securities available-for-sale (at fair value) 793 771
Municipal Securities [Member]    
ASSETS:    
Investment securities available-for-sale (at fair value) 153 153
Corporate Debt Securities [Member]    
ASSETS:    
Investment securities available-for-sale (at fair value) 1,841 1,920
Carrying Amount [Member] | Level 1 [Member]    
ASSETS:    
Cash and cash equivalents 323,832 195,505
Carrying Amount [Member] | Level 2 [Member]    
ASSETS:    
Other non-marketable investments 41,434 38,390
Loans held-for-sale 25,172 22,767
Accrued interest receivable 36,159 34,587
LIABILITIES:    
Deposit transaction accounts 7,136,589 6,999,226
Time deposits 984,269 873,400
Securities sold under agreements to repurchase 21,422 20,214
Long-term debt 55,000 55,000
Federal Home Loan Bank advances 385,000 385,000
Accrued interest payable 9,131 3,201
Carrying Amount [Member] | Level 3 [Member]    
ASSETS:    
Loans receivable 7,414,357 7,220,469
Carrying Amount [Member] | U.S. Treasury Securities [Member] | Level 1 [Member]    
ASSETS:    
Investment securities available-for-sale (at fair value) 71,575 71,388
Investment securities held-to-maturity, fair value 49,189 49,045
Carrying Amount [Member] | Residential Mortgage Pass-Through Securities Issued or Guaranteed by U.S. Government Agencies or Sponsored Enterprises [Member]. | Level 2 [Member]    
ASSETS:    
Investment securities available-for-sale (at fair value) 211,205 226,131
Mortgage-backed securities-residential mortgage pass-through securities issued or guaranteed by U.S. Government agencies or sponsored enterprises held-to-maturity 320,623 339,815
Carrying Amount [Member] | Other Residential MBS Issued or Guaranteed by U.S. Government Agencies or Sponsored Enterprises [Member] | Level 2 [Member]    
ASSETS:    
Investment securities available-for-sale (at fair value) 373,780 405,926
Mortgage-backed securities-residential mortgage pass-through securities issued or guaranteed by U.S. Government agencies or sponsored enterprises held-to-maturity 249,588 262,667
Carrying Amount [Member] | Other Securities [Member] | Level 3 [Member]    
ASSETS:    
Investment securities available-for-sale (at fair value) 793 771
Carrying Amount [Member] | Municipal Securities [Member] | Level 2 [Member]    
ASSETS:    
Municipal obligations 153 153
Carrying Amount [Member] | Corporate Debt Securities [Member] | Level 2 [Member]    
ASSETS:    
Investment securities available-for-sale (at fair value) 1,841 1,920
Estimated Fair Value [Member] | Level 1 [Member]    
ASSETS:    
Cash and cash equivalents 323,832 195,505
Estimated Fair Value [Member] | Level 2 [Member]    
ASSETS:    
Other non-marketable investments 41,434 38,390
Loans held-for-sale 25,172 22,767
Accrued interest receivable 36,159 34,587
LIABILITIES:    
Deposit transaction accounts 7,136,589 6,999,226
Time deposits 967,453 845,688
Securities sold under agreements to repurchase 21,422 20,214
Long-term debt 50,972 52,430
Federal Home Loan Bank advances 385,000 385,000
Accrued interest payable 9,131 3,201
Estimated Fair Value [Member] | Level 3 [Member]    
ASSETS:    
Loans receivable 7,075,463 6,964,107
Estimated Fair Value [Member] | U.S. Treasury Securities [Member] | Level 1 [Member]    
ASSETS:    
Investment securities available-for-sale (at fair value) 71,575 71,388
Investment securities held-to-maturity, fair value 47,444 47,629
Estimated Fair Value [Member] | Residential Mortgage Pass-Through Securities Issued or Guaranteed by U.S. Government Agencies or Sponsored Enterprises [Member]. | Level 2 [Member]    
ASSETS:    
Investment securities available-for-sale (at fair value) 211,205 226,131
Mortgage-backed securities-residential mortgage pass-through securities issued or guaranteed by U.S. Government agencies or sponsored enterprises held-to-maturity 280,617 298,816
Estimated Fair Value [Member] | Other Residential MBS Issued or Guaranteed by U.S. Government Agencies or Sponsored Enterprises [Member] | Level 2 [Member]    
ASSETS:    
Investment securities available-for-sale (at fair value) 373,780 405,926
Mortgage-backed securities-residential mortgage pass-through securities issued or guaranteed by U.S. Government agencies or sponsored enterprises held-to-maturity 199,529 213,479
Estimated Fair Value [Member] | Other Securities [Member] | Level 3 [Member]    
ASSETS:    
Investment securities available-for-sale (at fair value) 793 771
Estimated Fair Value [Member] | Municipal Securities [Member] | Level 2 [Member]    
ASSETS:    
Municipal obligations 153 153
Estimated Fair Value [Member] | Corporate Debt Securities [Member] | Level 2 [Member]    
ASSETS:    
Investment securities available-for-sale (at fair value) 1,841 1,920
Interest Rate Swap [Member] | Carrying Amount [Member] | Level 2 [Member]    
ASSETS:    
Derivative asset $ 44,061 $ 45,046
Derivative Asset, Statement of Financial Position [Extensible Enumeration] Other Assets Other Assets
LIABILITIES:    
Derivative liability $ 12,829 $ 12,589
Derivative Liability, Statement of Financial Position [Extensible Enumeration] Other Liabilities. Other Liabilities.
Interest Rate Swap [Member] | Estimated Fair Value [Member] | Level 2 [Member]    
ASSETS:    
Derivative asset $ 44,061 $ 45,046
Derivative Asset, Statement of Financial Position [Extensible Enumeration] Other Assets Other Assets
LIABILITIES:    
Derivative liability $ 12,829 $ 12,589
Derivative Liability, Statement of Financial Position [Extensible Enumeration] Other Liabilities. Other Liabilities.
Mortgage banking derivatives | Carrying Amount [Member] | Level 3 [Member]    
ASSETS:    
Derivative asset $ 394 $ 407
Derivative Asset, Statement of Financial Position [Extensible Enumeration] Other Assets Other Assets
LIABILITIES:    
Derivative liability $ 133 $ 278
Derivative Liability, Statement of Financial Position [Extensible Enumeration] Other Liabilities. Other Liabilities.
Mortgage banking derivatives | Estimated Fair Value [Member] | Level 3 [Member]    
ASSETS:    
Derivative asset $ 394 $ 407
Derivative Asset, Statement of Financial Position [Extensible Enumeration] Other Assets Other Assets
LIABILITIES:    
Derivative liability $ 133 $ 278
Derivative Liability, Statement of Financial Position [Extensible Enumeration] Other Liabilities. Other Liabilities.