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v3.23.1

Fair Value Measurements - Carrying Value and Fair Value of Financial Instruments (Details) - USD ($) $ in Thousands | Mar. 31, 2023 | Dec. 31, 2022
--- | --- | ---
Financial Assets: |  |
Investment securities held to maturity | $ 684,647 | $ 673,434
Financial Liabilities: |  |
Total investment securities available for sale | 1,318,072 | 1,331,443
Interest rate swap |  |
Financial Liabilities: |  |
Derivative liabilities - interest rate swaps |  | 30,107
Level 1 |  |
Financial Assets: |  |
Investment securities available for sale | 19,865 |
Level 3 |  |
Financial Assets: |  |
Investment securities available for sale | 0 |
Carrying Value |  |
Financial Assets: |  |
Cash and cash equivalents | 301,481 | 103,590
Investment securities available for sale | 1,318,072 | 1,331,443
Investment securities held to maturity | 760,163 | 766,396
Loans receivable, net | 4,083,003 | 4,007,872
Accrued interest receivable | 18,548 | 18,547
Equity security | 215 | 185
Financial Liabilities: |  |
Non-maturity deposits |  | 5,617,267
Certificates of deposit |  | 307,573
Securities sold under agreement to repurchase | 39,161 | 46,597
Junior subordinated debentures | 21,546 | 21,473
Accrued interest payable | 392 | 143
Carrying Value | Interest rate swap |  |
Financial Assets: |  |
Derivative assets - interest rate swaps | 24,498 | 30,107
Financial Liabilities: |  |
Derivative liabilities - interest rate swaps | 24,498 | 30,107
Carrying Value | Noninterest deposits, interest bearing demand deposits, money market accounts and savings accounts |  |
Financial Liabilities: |  |
Non-maturity deposits | 5,392,668 |
Carrying Value | Bank Time Deposits |  |
Financial Liabilities: |  |
Certificates of deposit | 396,354 |
Federal Home Loan Bank advances | 383,100 |
Fair Value |  |
Financial Assets: |  |
Cash and cash equivalents | 301,481 | 103,590
Investment securities available for sale | 1,318,072 | 1,331,443
Investment securities held to maturity | 684,647 | 673,434
Loans receivable, net | 3,944,954 | 3,841,821
Accrued interest receivable | 18,548 | 18,547
Equity security | 215 | 185
Financial Liabilities: |  |
Non-maturity deposits |  | 5,617,267
Certificates of deposit |  | 308,325
Securities sold under agreement to repurchase | 39,161 | 46,597
Junior subordinated debentures | 18,750 | 20,000
Accrued interest payable | 392 | 143
Fair Value | Interest rate swap |  |
Financial Assets: |  |
Derivative assets - interest rate swaps | 24,498 | 30,107
Financial Liabilities: |  |
Derivative liabilities - interest rate swaps | 24,498 | 30,107
Fair Value | Noninterest deposits, interest bearing demand deposits, money market accounts and savings accounts |  |
Financial Liabilities: |  |
Non-maturity deposits | 5,392,668 |
Fair Value | Bank Time Deposits |  |
Financial Liabilities: |  |
Certificates of deposit | 400,142 |
Federal Home Loan Bank advances | 383,100 |
Fair Value | Level 1 |  |
Financial Assets: |  |
Cash and cash equivalents | 301,481 | 103,590
Investment securities available for sale |  | 25,178
Investment securities held to maturity | 0 | 0
Loans receivable, net | 0 | 0
Accrued interest receivable | 360 | 349
Equity security | 215 | 185
Financial Liabilities: |  |
Non-maturity deposits |  | 5,617,267
Certificates of deposit |  | 0
Securities sold under agreement to repurchase | 39,161 | 46,597
Junior subordinated debentures | 0 | 0
Accrued interest payable | 66 | 57
Fair Value | Level 1 | Interest rate swap |  |
Financial Assets: |  |
Derivative assets - interest rate swaps | 0 | 0
Financial Liabilities: |  |
Derivative liabilities - interest rate swaps | 0 | 0
Fair Value | Level 1 | Noninterest deposits, interest bearing demand deposits, money market accounts and savings accounts |  |
Financial Liabilities: |  |
Non-maturity deposits | 5,392,668 |
Fair Value | Level 1 | Bank Time Deposits |  |
Financial Liabilities: |  |
Certificates of deposit | 0 |
Federal Home Loan Bank advances | 0 |
Fair Value | Level 2 |  |
Financial Assets: |  |
Cash and cash equivalents | 0 | 0
Investment securities available for sale | 1,298,207 | 1,306,265
Investment securities held to maturity | 684,647 | 673,434
Loans receivable, net | 0 | 0
Accrued interest receivable | 6,472 | 6,892
Derivative assets - interest rate swaps | 24,498 |
Equity security | 0 | 0
Financial Liabilities: |  |
Non-maturity deposits |  | 0
Certificates of deposit |  | 308,325
Securities sold under agreement to repurchase | 0 | 0
Junior subordinated debentures | 0 | 0
Accrued interest payable | 252 | 13
Fair Value | Level 2 | Interest rate swap |  |
Financial Assets: |  |
Derivative assets - interest rate swaps | 24,498 | 30,107
Financial Liabilities: |  |
Derivative liabilities - interest rate swaps | 24,498 |
Fair Value | Level 2 | Noninterest deposits, interest bearing demand deposits, money market accounts and savings accounts |  |
Financial Liabilities: |  |
Non-maturity deposits | 0 |
Fair Value | Level 2 | Bank Time Deposits |  |
Financial Liabilities: |  |
Certificates of deposit | 400,142 |
Federal Home Loan Bank advances | 383,100 |
Fair Value | Level 3 |  |
Financial Assets: |  |
Cash and cash equivalents | 0 | 0
Investment securities available for sale |  | 0
Investment securities held to maturity | 0 | 0
Loans receivable, net | 3,944,954 | 3,841,821
Accrued interest receivable | 11,716 | 11,306
Equity security | 0 | 0
Financial Liabilities: |  |
Non-maturity deposits |  | 0
Certificates of deposit |  | 0
Securities sold under agreement to repurchase | 0 | 0
Junior subordinated debentures | 18,750 | 20,000
Accrued interest payable | 74 | 73
Fair Value | Level 3 | Interest rate swap |  |
Financial Assets: |  |
Derivative assets - interest rate swaps | 0 | 0
Financial Liabilities: |  |
Derivative liabilities - interest rate swaps | 0 | $ 0
Fair Value | Level 3 | Noninterest deposits, interest bearing demand deposits, money market accounts and savings accounts |  |
Financial Liabilities: |  |
Non-maturity deposits | 0 |
Fair Value | Level 3 | Bank Time Deposits |  |
Financial Liabilities: |  |
Certificates of deposit | 0 |
Federal Home Loan Bank advances | $ 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 -Topic 825 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482907/825-10-50-10 + Details
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