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Fair Value of Financial Instruments (Tables) | 9 Months Ended
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Sep. 30, 2023
Fair Value Disclosures [Abstract] |
Schedule of Estimated Fair Values of Financial Instruments | The following tables present estimated fair values of the Company’s financial instruments and the level within the fair value hierarchy in which the fair value measurements fall.
| September 30, 2023
| 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 | $ | 175,137 |  |  | $ | 175,137 |  |  | $ | — |  |  | $ | — |
Interest–earning time deposits | 2,207 |  |  | — |  |  | 2,174 |  |  | — |
Investment securities, held to maturity | 1,966,483 |  |  | — |  |  | 1,556,845 |  |  | — |
Loans held for sale | 2,828 |  |  | — |  |  | — |  |  | 2,828 |
Loans (excluding loan level hedges), net | 4,309,303 |  |  | — |  |  | — |  |  | 4,213,446 |
Stock in FHLB | 34,509 |  |  | — |  |  | 34,509 |  |  | — |
Interest receivable | 37,850 |  |  | — |  |  | 37,850 |  |  | — |
Liabilities |  |  |  |  |  |  |
Non–interest bearing deposits | $ | 1,126,703 |  |  | $ | 1,126,703 |  |  | $ | — |  |  | $ | — |
Interest bearing deposits | 4,573,394 |  |  | — |  |  | 4,237,120 |  |  | — |
Borrowings | 1,356,510 |  |  | — |  |  | 1,345,114 |  |  | — |
Subordinated notes | 59,007 |  |  | — |  |  | 53,401 |  |  | — |
Junior subordinated debentures issued to capital trusts | 57,201 |  |  | — |  |  | 48,699 |  |  | — |
Interest payable | 16,281 |  |  | — |  |  | 16,281 |  |  | — |
| December 31, 2022
| 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 | $ | 123,505 |  |  | $ | 123,505 |  |  | $ | — |  |  | $ | — |
Interest–earning time deposits | 2,812 |  |  | — |  |  | 2,778 |  |  | — |
Investment securities, held to maturity | 2,022,748 |  |  | — |  |  | 1,681,309 |  |  | — |
Loans held for sale | 5,807 |  |  | — |  |  | — |  |  | 5,807 |
Loans (excluding loan level hedges), net | 4,107,534 |  |  | — |  |  | — |  |  | 3,852,458 |
Stock in FHLB | 26,677 |  |  | — |  |  | 26,677 |  |  | — |
Interest receivable | 35,294 |  |  | — |  |  | 35,294 |  |  | — |
Liabilities |  |  |  |  |  |  |
Non–interest bearing deposits | $ | 1,277,768 |  |  | $ | 1,277,768 |  |  | $ | — |  |  | $ | — |
Interest bearing deposits | 4,580,006 |  |  | — |  |  | 4,100,154 |  |  | — |
Borrowings | 1,142,949 |  |  | — |  |  | 1,139,926 |  |  | — |
Subordinated notes | 58,896 |  |  | — |  |  | 56,496 |  |  | — |
Junior subordinated debentures issued to capital trusts | 57,027 |  |  | — |  |  | 51,327 |  |  | — |
Interest payable | 5,380 |  |  | — |  |  | 5,380 |  |  | — |

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- Definition Tabular disclosure of financial instruments measured at fair value, including those classified in shareholders' equity measured on a recurring or nonrecurring basis. Disclosures include, but are not limited to, fair value measurements recorded and the reasons for the measurements, level within the fair value hierarchy in which the fair value measurements are categorized and transfers between levels 1 and 2. Nonrecurring fair value measurements are those that are required or permitted in the statement of financial position in particular circumstances. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 2C -SubTopic 10 -Topic 820 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482106/820-10-50-2C Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482106/820-10-50-2 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482106/820-10-50-3 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482106/820-10-50-2 + Details
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