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Fair Value of Financial Instruments (Tables)
 9 Months Ended
Sep. 30, 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).
                                 
 
September 30, 2019
 
 
Carrying
Amount
 
  
Quoted Prices in
Active Markets
for Identical
Assets
(Level 1)
 
  
Significant
Other
Observable
Inputs
(Level 2)
 
  
Significant
Unobservable
Inputs
(Level 3)
 
Assets
 
 
 
  
 
 
  
 
 
  
 
 
Cash and due from banks
  $
91,279
    $
91,279
    $
—  
     $
—  
  
Interest-earning time deposits
   
8,455
     
—  
      
8,536
     
—  
  
Investment securities, held to maturity
   
210,306
     
—  
      
217,718
     
—  
  
Loans held for sale
   
1,060
     
—  
      
—  
      
1,060
 
Loans (excluding loan level hedges), net
   
3,328,363
     
—  
      
—  
      
3,272,900
 
Stock in FHLB
   
22,447
     
—  
      
22,447
     
—  
  
Interest receivable
   
18,282
     
—  
      
18,282
     
—  
  
Liabilities
 
 
 
  
 
 
  
 
 
  
 
 
Non-interest
bearing deposits
   $
756,707
    $
  756,707
    $
—  
     $
—  
  
Interest bearing deposits
   
3,159,250
     
—  
      
3,128,877
     
—  
  
Borrowings
   
516,591
     
—  
      
515,866
     
—  
  
Subordinated debentures
   
56,250
     
—  
      
50,938
     
—  
  
Interest payable
   
2,725
     
—  
      
2,725
     
—  
  
       
 
December 31, 2018
 
 
Carrying
Amount
 
  
Quoted Prices in
Active Markets
for Identical
Assets
(Level 1)
 
  
Significant
Other
Observable
Inputs
(Level 2)
 
  
Significant
Unobservable
Inputs
(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
     
—