Level in fair value

September 30, 2023

December 31, 2022

measurement

Carrying

Estimated

Carrying

Estimated

hierarchy

amount

fair value

amount

fair value

ASSETS

Cash and cash equivalents

Level 1

$

291,291

$

291,291

$

195,505

$

195,505

U.S. Treasury securities - AFS

Level 1

71,862

71,388

U.S. Treasury securities - HTM

Level 1

49,263

47,415

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

196,848

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

348,942

405,926

Municipal securities available-for-sale

Level 2

152

153

Corporate debt available-for-sale

Level 2

1,849

1,920

Other available-for-sale securities

Level 3

792

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

309,216

260,193

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

242,022

186,634

262,667

213,479

FHLB and FRB stock

Level 2

38,849

38,390

Loans receivable

Level 3

7,478,438

7,171,937

7,220,469

6,964,107

Loans held for sale

Level 2

19,048

22,767

Accrued interest receivable

Level 2

45,213

34,587

Interest rate swap derivatives

Level 2

52,584

45,046

Mortgage banking derivatives

Level 3

435

407

LIABILITIES

Deposit transaction accounts

Level 2

7,156,514

6,999,226

Time deposits

Level 2

992,494

980,150

873,400

845,688

Securities sold under agreements to repurchase

Level 2

20,273

20,214

Long-term debt

Level 2

55,000

46,389

55,000

52,430

Federal Home Loan Bank advances

Level 2

316,770

385,000

Accrued interest payable

Level 2

14,820

3,201

Interest rate swap derivatives

Level 2

15,935

12,589

Mortgage banking derivatives

Level 3

57

278