XML 145 R133.htm IDEA: XBRL DOCUMENT v3.25.0.1
Fair Value Measurement - Summary of Estimated Fair Values of Financial Instruments (Details) - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Financial assets    
Cash and due from banks $ 58,759 $ 60,431
Interest bearing deposits with other banks 504,379 165,705
Securities held-to-maturity, fair value 605 1,149
Restricted stock, at cost 27,452 16,304
Loans held for sale 3,200 18,005
Loans and lease receivables, net (less individually evaluated loans of fair value $54,929 and $86,253, as of December 31, 2024 and 2023, respectively) 6,808,834 6,582,620
Accrued interest receivable 40,652 43,922
Financial liabilities    
Federal Home Loan Bank advances 575,000 325,000
Securities sold under agreements to repurchase 32,106 40,607
Term Loan 11,667 18,333
Line of credit 0 11,250
Subordinated notes, net 74,040 73,866
Junior subordinated debentures 70,890 70,452
Level 1 | Carrying Amount    
Financial assets    
Cash and due from banks 58,759 60,431
Level 1 | Estimate of Fair Value Measurement    
Financial assets    
Cash and due from banks 58,759 60,431
Level 2 | Carrying Amount    
Financial assets    
Interest bearing deposits with other banks 504,379 165,705
Securities held-to-maturity, fair value 605 1,157
Restricted stock, at cost 27,452 16,304
Financial liabilities    
Non-interest-bearing deposits 1,756,098 1,905,876
Interest-bearing deposits 5,702,530 5,271,123
Accrued interest payable 21,114 22,233
Federal Home Loan Bank advances 575,000 325,000
Securities sold under agreements to repurchase 32,106 40,607
Term Loan 11,667 18,333
Line of credit 0 11,250
Subordinated notes, net 74,040 73,866
Level 2 | Estimate of Fair Value Measurement    
Financial assets    
Interest bearing deposits with other banks 504,379 165,705
Securities held-to-maturity, fair value 605 1,149
Restricted stock, at cost 27,452 16,304
Financial liabilities    
Non-interest-bearing deposits 1,756,098 1,905,876
Interest-bearing deposits 5,702,018 5,268,926
Accrued interest payable 21,114 22,233
Federal Home Loan Bank advances 575,000 325,000
Securities sold under agreements to repurchase 32,106 40,607
Term Loan 11,667 18,333
Line of credit 0 11,250
Subordinated notes, net 73,750 76,063
Level 3 | Carrying Amount    
Financial assets    
Loans held for sale 3,200 18,005
Loans and lease receivables, net (less individually evaluated loans of fair value $54,929 and $86,253, as of December 31, 2024 and 2023, respectively) 6,753,905 6,496,367
Accrued interest receivable 40,652 43,922
Financial liabilities    
Junior subordinated debentures 70,890 70,452
Level 3 | Estimate of Fair Value Measurement    
Financial assets    
Loans held for sale 3,236 19,136
Loans and lease receivables, net (less individually evaluated loans of fair value $54,929 and $86,253, as of December 31, 2024 and 2023, respectively) 6,603,019 6,326,413
Accrued interest receivable 40,652 43,922
Financial liabilities    
Junior subordinated debentures $ 75,172 $ 72,701