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v3.21.1

Fair Value Measurements - Carrying Value and Fair Value of Financial Instruments (Details) - USD ($) $ in Thousands | Mar. 31, 2021 | Dec. 31, 2020
--- | --- | ---
Financial Liabilities: |  |
Bank owned life insurance | $ 108,341 | $ 107,580
Carrying Value |  |
Financial Assets: |  |
Cash and cash equivalents | 934,316 | 743,322
Investment securities available for sale | 893,558 | 802,163
Loans held for sale | 6,801 | 4,932
Loans receivable, net | 4,531,644 | 4,398,462
Accrued interest receivable | 19,447 | 19,418
Derivative assets - interest rate swaps | 16,955 | 25,740
Equity security | 180 | 131
Financial Liabilities: |  |
Noninterest deposits, interest bearing demand deposits, money market accounts and savings accounts |  | 5,198,456
Certificates of deposit |  | 399,534
Securities sold under agreement to repurchase | 36,503 | 35,683
Junior subordinated debentures | 20,960 | 20,887
Accrued interest payable | 85 | 94
Derivative liabilities - interest rate swaps | 17,133 | 26,162
Bank owned life insurance | 108,341 | 107,580
Carrying Value | Noninterest deposits, interest bearing demand deposits, money market accounts and savings accounts |  |
Financial Liabilities: |  |
Noninterest deposits, interest bearing demand deposits, money market accounts and savings accounts | 5,633,295 |
Carrying Value | Bank Time Deposits |  |
Financial Liabilities: |  |
Noninterest deposits, interest bearing demand deposits, money market accounts and savings accounts | 386,403 |
Fair Value |  |
Financial Assets: |  |
Cash and cash equivalents | 934,316 | 743,322
Investment securities available for sale |  | 802,163
Loans held for sale | 7,070 | 5,156
Loans receivable, net | 4,660,232 | 4,556,862
Accrued interest receivable | 19,447 | 19,418
Derivative assets - interest rate swaps | 16,955 | 25,740
Equity security | 180 | 131
Financial Liabilities: |  |
Noninterest deposits, interest bearing demand deposits, money market accounts and savings accounts |  | 5,198,456
Certificates of deposit |  | 402,701
Securities sold under agreement to repurchase | 36,503 | 35,683
Junior subordinated debentures | 18,250 | 18,500
Accrued interest payable | 85 | 94
Derivative liabilities - interest rate swaps | 17,133 | 26,162
Bank owned life insurance | 108,341 | 107,580
Fair Value | Noninterest deposits, interest bearing demand deposits, money market accounts and savings accounts |  |
Financial Liabilities: |  |
Noninterest deposits, interest bearing demand deposits, money market accounts and savings accounts | 5,633,295 |
Fair Value | Bank Time Deposits |  |
Financial Liabilities: |  |
Noninterest deposits, interest bearing demand deposits, money market accounts and savings accounts | 388,488 |
Fair Value | Level 1 |  |
Financial Assets: |  |
Cash and cash equivalents | 934,316 | 743,322
Investment securities available for sale |  | 0
Loans held for sale | 0 | 0
Loans receivable, net | 0 | 0
Accrued interest receivable | 32 | 2
Derivative assets - interest rate swaps | 0 | 0
Equity security |  | 131
Financial Liabilities: |  |
Noninterest deposits, interest bearing demand deposits, money market accounts and savings accounts |  | 5,198,456
Certificates of deposit |  | 0
Securities sold under agreement to repurchase | 36,503 | 35,683
Junior subordinated debentures | 0 | 0
Accrued interest payable | 39 | 42
Derivative liabilities - interest rate swaps | 0 | 0
Bank owned life insurance | 108,341 | 107,580
Fair Value | Level 1 | Noninterest deposits, interest bearing demand deposits, money market accounts and savings accounts |  |
Financial Liabilities: |  |
Noninterest deposits, interest bearing demand deposits, money market accounts and savings accounts | 5,633,295 |
Fair Value | Level 1 | Bank Time Deposits |  |
Financial Liabilities: |  |
Noninterest deposits, interest bearing demand deposits, money market accounts and savings accounts | 0 |
Fair Value | Level 2 |  |
Financial Assets: |  |
Cash and cash equivalents | 0 | 0
Investment securities available for sale |  | 802,163
Loans held for sale | 0 | 0
Loans receivable, net | 0 | 0
Accrued interest receivable | 3,373 | 3,648
Derivative assets - interest rate swaps | 16,955 | 25,740
Equity security | 0 | 0
Financial Liabilities: |  |
Noninterest deposits, interest bearing demand deposits, money market accounts and savings accounts |  | 0
Certificates of deposit |  | 402,701
Securities sold under agreement to repurchase | 0 | 0
Junior subordinated debentures | 0 | 0
Accrued interest payable | 26 | 33
Derivative liabilities - interest rate swaps | 17,133 | 26,162
Bank owned life insurance | 0 | 0
Fair Value | Level 2 | Noninterest deposits, interest bearing demand deposits, money market accounts and savings accounts |  |
Financial Liabilities: |  |
Noninterest deposits, interest bearing demand deposits, money market accounts and savings accounts | 0 |
Fair Value | Level 2 | Bank Time Deposits |  |
Financial Liabilities: |  |
Noninterest deposits, interest bearing demand deposits, money market accounts and savings accounts | 388,488 |
Fair Value | Level 3 |  |
Financial Assets: |  |
Cash and cash equivalents | 0 | 0
Investment securities available for sale | 0 | 0
Loans held for sale | 7,070 | 5,156
Loans receivable, net | 4,660,232 | 4,556,862
Accrued interest receivable | 16,042 | 15,768
Derivative assets - interest rate swaps | 0 | 0
Equity security | 0 | 0
Financial Liabilities: |  |
Noninterest deposits, interest bearing demand deposits, money market accounts and savings accounts |  | 0
Certificates of deposit |  | 0
Securities sold under agreement to repurchase | 0 | 0
Junior subordinated debentures | 18,250 | 18,500
Accrued interest payable | 20 | 19
Derivative liabilities - interest rate swaps | 0 | 0
Bank owned life insurance | 0 | $ 0
Fair Value | Level 3 | Noninterest deposits, interest bearing demand deposits, money market accounts and savings accounts |  |
Financial Liabilities: |  |
Noninterest deposits, interest bearing demand deposits, money market accounts and savings accounts | 0 |
Fair Value | Level 3 | Bank Time Deposits |  |
Financial Liabilities: |  |
Noninterest deposits, interest bearing demand deposits, money market accounts and savings accounts | $ 0 |

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- Definition Fair value portion of amount due from customers or clients for goods or services, including trade receivables, that have been delivered or sold in the normal course of business, and amounts due from others, including related parties. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=121572278&loc=d3e13433-108611 + Details
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- Definition The carrying amount of a life insurance policy on an officer, executive or employee for which the reporting entity (a bank) is entitled to proceeds from the policy upon death of the insured or surrender of the insurance policy. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(10)) -URI http://asc.fasb.org/extlink&oid=120398452&loc=d3e534808-122878 + Details
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- Definition Fair value portion of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. + References No definition available. + Details
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- Definition Fair value of subordinated debt obligations including, but not limited to, subordinated loan, subordinated bond, subordinated debenture or junior debt. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 + Details
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- Definition Amount of interest-bearing domestic certificate of deposit liabilities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03.12) -URI http://asc.fasb.org/extlink&oid=120398452&loc=d3e534808-122878 + Details
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- Definition Fair value portion of investment securities, including, but not limited to, marketable securities, derivative financial instruments, and investments accounted for under the equity method. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 + Details
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