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Fair Value of Financial Instruments (Tables)
 3 Months Ended
Mar. 31, 2019
Fair Value Disclosures [Abstract]  
Summary of Estimated Fair Values of Financial Instruments
The following table presents estimated fair values of the Company’s financial instruments and the level within the fair value hierarchy in which the fair value measurements fall (unaudited). 
 
 
 
March 31, 2019
 
 
 
 
 
 
Quoted Prices in
 
 
Significant
 
 
 
 
 
 
 
 
 
Active Markets
 
 
Other
 
 
Significant
 
 
 
 
 
 
for Identical
 
 
Observable
 
 
Unobservable
 
 
 
Carrying
 
 
Assets
 
 
Inputs
 
 
Inputs
 
 
 
Amount
 
 
(Level 1)
 
 
(Level 2)
 
 
(Level 3)
 
Assets
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash and due from banks
 
$
86,131
 
 
$
86,131
 
 
$
—
 
 
$
—
 
Interest-earning time deposits
 
 
15,987
 
 
 
—
 
 
 
—
 
 
 
—
 
Investment securities, held to maturity
 
 
206,327
 
 
 
—
 
 
 
210,106
 
 
 
—
 
Loans held for sale
 
 
1,979
 
 
 
—
 
 
 
—
 
 
 
1,979
 
Loans (excluding loan level hedges), net
 
 
3,368,911
 
 
 
—
 
 
 
—
 
 
 
3,267,463
 
Stock in FHLB
 
 
22,447
 
 
 
—
 
 
 
22,447
 
 
 
—
 
Interest receivable
 
 
17,423
 
 
 
—
 
 
 
17,423
 
 
 
—
 
Liabilities
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Non-interest bearing deposits
 
$
811,768
 
 
$
811,768
 
 
$
—
 
 
$
—
 
Interest bearing deposits
 
 
3,076,255
 
 
 
—
 
 
 
3,005,839
 
 
 
—
 
Borrowings
 
 
457,788
 
 
 
—
 
 
 
412,884
 
 
 
—
 
Subordinated debentures
 
 
55,310
 
 
 
—
 
 
 
49,568
 
 
 
—
 
Interest payable
 
 
2,471
 
 
 
—
 
 
 
2,471
 
 
 
—
 
 
 
 
 
December 31, 2018
 
 
 
 
 
 
Quoted Prices in
 
 
Significant
 
 
 
 
 
 
 
 
 
Active Markets
 
 
Other
 
 
Significant
 
 
 
 
 
 
for Identical
 
 
Observable
 
 
Unobservable
 
 
 
Carrying
 
 
Assets
 
 
Inputs
 
 
Inputs
 
 
 
Amount
 
 
(Level 1)
 
 
(Level 2)
 
 
(Level 3)
 
Assets
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash and due from banks
 
$
58,492
 
 
$
58,492
 
 
$
—
 
 
$
—
 
Interest-earning time deposits
 
 
15,744
 
 
 
—
 
 
 
15,542
 
 
 
—
 
Investment securities, held to maturity
 
 
210,112
 
 
 
—
 
 
 
208,273
 
 
 
—
 
Loans held for sale
 
 
1,038
 
 
 
—
 
 
 
—
 
 
 
1,038
 
Loans (excluding loan level hedges), net
 
 
2,786,351
 
 
 
—
 
 
 
—
 
 
 
2,681,741
 
Stock in FHLB
 
 
18,073
 
 
 
—
 
 
 
18,073
 
 
 
—
 
Interest receivable
 
 
14,239
 
 
 
—
 
 
 
14,239
 
 
 
—
 
Liabilities
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Non-interest bearing deposits
 
$
642,129
 
 
$
642,129
 
 
$
—
 
 
$
—
 
Interest bearing deposits
 
 
2,497,247
 
 
 
—
 
 
 
2,377,274
 
 
 
—
 
Borrowings
 
 
550,384
 
 
 
—
 
 
 
542,311
 
 
 
—
 
Subordinated debentures
 
 
37,837
 
 
 
—
 
 
 
35,711
 
 
 
—
 
Interest payable
 
 
2,031
 
 
 
—
 
 
 
2,031
 
 
 
—