XML 45 R34.htm IDEA: XBRL DOCUMENT

Fair Values of Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2022

Fair Values of Financial Instruments

Schedule of carrying amount and estimated fair values of financial instruments


		March 31, 2022
		Carrying			Fair
		Amount			Value			Level 1			Level 2			Level 3
Financial assets:
Cash and due from banks		$	41,511		$	41,511		$	41,511		$	-		$	-
Interest earning deposits with financial institutions			593,166			593,166			593,166			-			-
Securities available-for-sale			1,816,450			1,692,488			220,563			1,582,054			13,833
FHLBC and FRBC stock			21,974			21,974			-			21,974			-
Loans held-for-sale			8,075			8,075			-			8,075			-
Net loans			3,358,062			3,386,123			-			-			3,386,123
Mortgage servicing rights			10,376			10,376			-			-			10,376
Interest rate swap agreements			952			952			-			952			-
Interest rate lock commitments and forward contracts			930			930			-			930			-
Interest receivable on securities and loans			14,910			14,910			-			14,910			-

Financial liabilities:
Noninterest bearing deposits		$	1,461,712		$	1,461,712		$	1,461,712		$	-		$	-
Interest bearing deposits			4,083,013			4,083,279			-			4,083,279			-
Securities sold under repurchase agreements			33,521			33,521			-			33,521			-
Junior subordinated debentures			25,773			23,711			-			23,711			-
Subordinated debentures			59,233			56,233						56,233
Senior notes			44,506			44,466			44,466			-			-
Note payable and other borrowings			17,992			18,034			-			18,034			-
Interest rate swap agreements			3,657			3,657			-			3,657			-
Interest payable on deposits and borrowings			1,854			1,854			-			1,854			-


		December 31, 2021
		Carrying			Fair
		Amount			Value			Level 1			Level 2			Level 3
Financial assets:
Cash and due from banks		$	38,565		$	38,565		$	38,565		$	-		$	-
Interest earning deposits with financial institutions			713,542			713,542			713,542			-			-
Securities available-for-sale			1,692,488			1,692,488			202,339			1,476,057			14,092
FHLBC and FRBC stock			13,257			13,257			-			13,257			-
Loans held-for-sale			4,737			4,737			-			4,737			-
Net loans			3,377,667			3,408,199			-			-			3,408,199
Mortgage servicing rights			7,097			7,097			-			-			7,097
Interest rate swap agreements			3,494			3,494			-			3,494			-
Interest rate lock commitments and forward contracts			508			508			-			508			-
Interest receivable on securities and loans			13,431			13,431			-			13,431			-

Financial liabilities:
Noninterest bearing deposits		$	1,428,055		$	1,428,055		$	1,428,055		$	-		$	-
Interest bearing deposits			4,038,177			4,041,369			-			4,041,369			-
Securities sold under repurchase agreements			50,377			50,377			-			50,377			-
Junior subordinated debentures			25,773			18,557			-			18,557			-
Subordinated debentures			59,212			60,111						60,111
Senior notes			44,480			44,480			44,480			-
Note payable and other borrowings			19,074			19,411			-			19,411			-
Interest rate swap agreements			6,788			6,788			-			6,788			-
Interest payable on deposits and borrowings			1,706			1,706			-			1,706			-