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Fair Value Measurements (Tables)

3 Months Ended

Mar. 31, 2026

Fair Value Disclosures [Abstract]

Schedule of Assets and Liabilities Measured at Fair Value on a Recurring Basis

The following tables summarize financial assets and financial liabilities measured at fair value on a recurring basis as of March 31, 2026 and December 31, 2025, segregated by the level of valuation inputs within the fair value hierarchy used to measure fair value: 

Recurring Fair Value Measurements
(In thousands)			Total			(Level 1)			(Level 2)			(Level 3)
March 31, 2026
Assets
Available-for-sale debt securities
U.S. Treasuries			$	43,742		$	0		$	43,742		$	0
Obligations of U.S. Government sponsored entities			340,509			0			340,509			0
Obligations of U.S. states and political subdivisions			74,641			0			74,641			0
Mortgage-backed securities – residential, issued by:
U.S. Government agencies			306,455			0			306,455			0
U.S. Government sponsored entities			621,112			0			621,112			0
U.S. corporate debt securities			2,451			0			2,451			0
Total Available-for-sale debt securities			$	1,388,910		$	0		$	1,388,910		$	0
Equity securities, at fair value			795			0			0			795
Derivatives designated as hedging instruments			23			0			23			0
Derivatives not designated as hedging instruments			3,725			0			3,725			0
Liabilities
Derivatives not designated as hedging instruments			$	4,095		$	0		$	4,095		$	0
December 31, 2025
Assets
Available-for-sale debt securities
U.S. Treasuries			$	53,780		$	0		$	53,780		$	0
Obligations of U.S. Government sponsored entities			348,403			0			348,403			0
Obligations of U.S. states and political subdivisions			76,310			0			76,310			0
Mortgage-backed securities – residential, issued by:
U.S. Government agencies			313,496			0			313,496			0
U.S. Government sponsored entities			587,632			0			587,632			0
U.S. corporate debt securities			2,447			0			2,447			0
Total Available-for-sale debt securities			$	1,382,068		$	0		$	1,382,068		$	0
Equity securities, at fair value			800			0			0			800
Derivatives designated as hedging instruments			33			0			33			0
Derivatives not designated as hedging instruments			5,032			0			5,032			0
Liabilities
Derivatives not designated as hedging instruments			$	5,389		$	0		$	5,389		$	0

Schedule of Assets and Liabilities Measured at Fair Value on a Non Recurring Basis

The following table presents the carrying amounts and estimated fair values of the Company’s financial instruments at March 31, 2026 and 2025. The carrying amounts shown in the table are included in the Consolidated Statements of Condition under the indicated captions:

 

(In thousands)						Fair value measurements at reporting date using:									Gain (losses) from fair value changes
Assets:						(Level 1)			(Level 2)			(Level 3)
Three months ended March 31, 2026
Individually evaluated loans			$	18,443		$	0		$	0		$	18,443		$	(250)
Other real estate owned			37			0			0			37			0
Three months ended March 31, 2025
Individually evaluated loans			$	36,274		$	0		$	0		$	36,274		$	80
Other real estate owned			0			0			0			0			1,898

Schedule of Carrying Amount and Fair Value of Financial Instruments

Estimated Fair Value of Financial Instruments
(In thousands)			Carrying Amount			Fair Value			(Level 1)			(Level 2)			(Level 3)
March 31, 2026
Financial Assets:
Cash and cash equivalents			$	171,449		$	171,449		$	171,449		$	0		$	0
Securities - held-to-maturity			312,545			282,589			0			282,589			0
FHLB stock and other stock			27,189			27,189			0			27,189			0
Accrued interest receivable			32,058			32,058			0			32,058			0
Loans/leases, net1			6,419,889			6,123,061			0			0			6,123,061
Financial Liabilities:
Time deposits			$	1,292,391		$	1,288,852		$	0		$	1,288,852		$	0
Other deposits			5,761,781			5,761,781			0			5,761,781			0
Fed funds purchased and securities sold
under agreements to repurchase			118,133			118,133			0			118,133			0
Other borrowings			449,446			450,017			0			450,017			0
Accrued interest payable			4,343			4,343			0			4,343			0
December 31, 2025
Financial Assets:
Cash and cash equivalents			$	132,817		$	132,817		$	132,817		$	0		$	0
Securities - held-to-maturity			312,528			283,860			0			283,860			0
FHLB stock and other stock			32,307			32,307			0			32,307			0
Accrued interest receivable			30,697			30,697			0			30,697			0
Loans/leases, net1			6,432,014			6,129,089			0			0			6,129,089
Financial Liabilities:
Time deposits			$	1,298,393		$	1,296,714		$	0		$	1,296,714		$	0
Other deposits			5,639,369			5,639,369			0			5,639,369			0
Fed funds purchased and securities sold
under agreements to repurchase			95,569			95,569			0			95,569			0
Other borrowings			564,446			565,568			0			565,568			0
Accrued interest payable			4,920			4,920			0			4,920			0

1 Lease receivables, although excluded from the scope of ASC Topic 825, are included in the estimated fair value amounts at their carrying value.

X

- Definition

Tabular disclosure of assets and liabilities by class, including financial instruments measured at fair value that are classified in shareholders' equity, if any, that are measured at fair value on a nonrecurring basis in periods after initial recognition (for example, impaired assets). Disclosures may include, but are not limited to: (a) the fair value measurements recorded and the reasons for the measurements and (b) the level within the fair value hierarchy in which the fair value measurements are categorized in their entirety (levels 1, 2, 3).

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

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- Definition

Tabular disclosure of the fair value of financial instruments, including financial assets and financial liabilities, and the measurements of those instruments, assets, and liabilities.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Name Accounting Standards Codification
-Section 55
-Paragraph 10
-SubTopic 10
-Topic 825
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482881/825-10-55-10

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 825
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 13
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482907/825-10-50-13

Reference 3: http://www.xbrl.org/2003/role/exampleRef
-Topic 825
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 12
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482881/825-10-55-12

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 825
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482907/825-10-50-12

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 825
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 11
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482907/825-10-50-11

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- Definition

Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3).

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

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