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Securities (Tables)

12 Months Ended

Dec. 31, 2024

Investments, Debt and Equity Securities [Abstract]

Schedule of Fair Value of Securities

The fair value of securities is as follows:

			December 31, 2024
			Amortized Cost						Gross Unrealized Gains						Gross Unrealized Losses						Fair Value
Available for sale
U.S. Treasury and federal agencies			$	2,258					—						$	(457)					$	1,801
State and municipal			243,521						—						(41,687)						201,834
U.S. government agency mortgage-backed securities			17,984						—						(3,441)						14,543
Private labeled mortgage–backed pools			—						—						—						—
Corporate notes			18,259						—						(2,760)						15,499
Total available for sale investment securities			$	282,022					$	—					$	(48,345)					$	233,677

			December 31, 2024
			Amortized Cost						Gross Unrealized Gains						Gross Unrealized Losses						Fair Value
Held to maturity
U.S. Treasury and federal agencies			$	278,383					$	—					$	(39,253)					$	239,130
State and municipal			1,048,862						958						(183,114)						$	866,706
U.S. government agency mortgage-backed securities			349,726						—						(54,904)						294,822
Private labeled mortgage–backed pools			29,278						—						(3,958)						$	25,320
Corporate notes			161,599						—						(21,309)						$	140,290
Total held to maturity investment securities			$	1,867,848					$	958					$	(302,538)					$	1,566,268
Less: Allowance for credit losses			(158)
Held to maturity securities, net of allowance for credit losses			$	1,867,690

			December 31, 2023
			Amortized Cost						Gross Unrealized Gains						Gross Unrealized Losses						Fair Value
Available for sale
U.S. Treasury and federal agencies			$	72,938					$	—					$	(8,561)					$	64,377
State and municipal			353,299						—						(49,269)						304,030
U.S. government agency mortgage-backed securities			165,061						—						(24,184)						140,877
Corporate notes			43,317						455						(5,805)						37,967
Total available for sale investment securities			$	634,615					$	455					$	(87,819)					$	547,251

			December 31, 2023
			Amortized Cost						Gross Unrealized Gains						Gross Unrealized Losses						Fair Value
Held to maturity
U.S. Treasury and federal agencies			$	287,259					$	—					$	(41,299)					$	245,960
State and municipal			1,088,499						1,185						(150,323)						939,361
U.S. government agency mortgage-backed securities			374,974						—						(56,467)						318,507
Private labeled mortgage–backed pools			32,329						—						(4,595)						27,734
Corporate notes			162,734						—						(25,538)						137,196
Total held to maturity investment securities			$	1,945,795					$	1,185					$	(278,222)					$	1,668,758
Less: Allowance for credit losses			(157)
Held to maturity securities, net of allowance for credit losses			$	1,945,638

Schedule of Amortized Cost and Fair Value of Securities Available for Sale and Held to Maturity

			December 31, 2024												December 31, 2023
			Amortized Cost						Fair Value						Amortized Cost						Fair Value
Available for sale
Within one year			$	—					$	—					$	5,505					$	5,408
One to five years			—						—						100,301						89,650
Five to ten years			173,533						141,915						167,764						141,203
After ten years			90,505						77,219						195,984						170,113
			264,038						219,134						469,554						406,374
U.S. government agency mortgage-backed securities			17,984						14,543						165,061						140,877
Total available for sale investment securities			$	282,022					$	233,677					$	634,615					$	547,251
Held to maturity
Within one year			$	59,129					$	58,304					$	33,483					$	33,169
One to five years			298,362						278,007						225,957						216,354
Five to ten years			366,493						312,748						350,843						304,067
After ten years			764,860						597,067						928,209						768,927
			1,488,844						1,246,126						1,538,492						1,322,517
U.S. government agency mortgage-backed securities			349,726						294,822						374,974						318,507
Private labeled mortgage–backed pools			29,278						25,320						32,329						27,734
Total held to maturity investment securities			$	1,867,848					$	1,566,268					$	1,945,795					$	1,668,758

Schedule of Debt Securities, Available-for-sale, Unrealized Loss Position, Fair Value

The following tables show the gross unrealized losses and the fair value of the Company’s available for sale investments, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position.

			December 31, 2024
			Less than 12 Months												12 Months or More												Total
			Fair Value						Unrealized Losses						Fair Value						Unrealized Losses						Fair Value						Unrealized Losses
Available for Sale Investment Securities
U.S. Treasury and federal agencies			$	—					$	—					$	1,801					$	(457)					$	1,801					$	(457)
State and municipal			—						—						201,834						(41,687)						201,834						(41,687)
U.S. government agency mortgage-backed securities			—						—						14,543						(3,441)						14,543						(3,441)
Corporate notes			—						—						15,499						(2,760)						15,499						(2,760)
Total available for sale investment securities			$	—					$	—					$	233,677					$	(48,345)					$	233,677					$	(48,345)

			December 31, 2023
			Less than 12 Months												12 Months or More												Total
			Fair Value						Unrealized Losses						Fair Value						Unrealized Losses						Fair Value						Unrealized Losses
Available for Sale Investment Securities
U.S. Treasury and federal agencies			$	—					$	—					$	64,377					$	(8,561)					$	64,377					$	(8,561)
State and municipal			2,387						(236)						301,643						(49,033)						304,030						(49,269)
U.S. government agency mortgage-backed securities			—						—						140,869						(24,184)						140,869						(24,184)
Corporate notes			—						—						36,359						(5,805)						36,359						(5,805)
Total available for sale investment securities			$	2,387					$	(236)					$	543,248					$	(87,583)					$	545,635					$	(87,819)

Debt Securities, Held-to-Maturity, Credit Quality Indicator

The following table summarizes credit ratings of our held-to-maturity securities at amortized cost for the periods indicated:

December 31, 2024			AAA						AA						A						BBB						BB						Not Rated						Total
U.S. Treasury and federal agencies			—						278,383						—						—						—						—						278,383
State and municipal			273,629						698,428						66,079						10,726						—						—						1,048,862
U.S. government agency mortgage-backed securities			349,726						—						—						—						—						—						349,726
Private labeled mortgage-backed pools			29,278						—						—						—						—						—						29,278
Corporate notes			—						6,176						11,549						75,603						4,543						63,728						161,599
Total			652,633						982,987						77,628						86,329						4,543						63,728						1,867,848
December 31, 2023			AAA						AA						A						BBB						BB						Not Rated						Total
U.S. Treasury and federal agencies			—						287,259						—						—						—						—						287,259
State and municipal			285,748						730,907						69,658						2,186						—						—						1,088,499
U.S. government agency mortgage-backed securities			374,974						—						—						—						—						—						374,974
Private labeled mortgage-backed pools			32,329						—						—						—						—						—						32,329
Corporate notes			—						4,260						11,831						78,197						4,556						63,890						162,734
Total			693,051						1,022,426						81,489						80,383						4,556						63,890						1,945,795

Debt Securities, Held-to-Maturity, Allowance for Credit Loss

The following table details activity in the allowance for credit losses on held-to-maturity securities for the year ended December 31, 2024 and 2023.

			December 31, 2024						December 31, 2023
Beginning balance			$	157					$	257
Credit loss expense (benefit)			1						(100)
Ending balance			$	158					$	157

Schedule of Sales of Securities Available for Sale

Information regarding security proceeds, gross gains and gross losses are presented below.

			Year Ended December 31
			2024						2023						2022
Sales of securities available for sale
Proceeds			$	293,138					$	439,285					$	—
Gross gains			6						215						—
Gross losses			(39,145)						(32,267)						—

Fair Value And Amortized Costs Of Pledged Securities

The following table represents the fair value and amortized costs of these pledged securities.

			December 31, 2024												December 31, 2023
			Fair Value						Amortized Cost						Fair Value						Amortized Cost
Pledge securities for borrowing availability at the Federal Reserve			$	851,384					$	1,032,916					$	1,441,920					$	1,682,935
Pledge securities for FHLB borrowings			$	279,136					$	333,613					$	—					$	—

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