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Fair Value of Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2024

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.

			December 31, 2024
			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			$	92,300					$	92,300					$	—					$	—
Interest-bearing deposits in banks			201,131						201,131						—						—
Federal funds sold			—						—						—						—
Cash and cash equivalents			293,431						293,431						—						—
Interest earning time deposits			735						—						735						—
Investment securities, held to maturity			1,867,690						—						1,566,268						—
Loans held for sale			67,597												64,824						2,773
Loans, net			4,795,060						—						—						4,611,702
Stock in FHLB			53,826						—						53,826						—
Liabilities
Non–interest bearing deposits			$	1,064,818					$	1,064,818					$	—					$	—
Interest bearing deposits			4,535,834						3,446,680						1,084,986						—
Borrowings			1,232,252						—						1,230,860						—
Subordinated notes			55,738						—						55,284						—
Junior subordinated debentures issued to capital trusts			57,477						—						48,559						—
Interest payable			11,137						—						11,137						—

			December 31, 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			$	112,772					$	112,772					$	—					$	—
Interest-bearing deposits in banks			413,528						413,528						—						—
Federal funds sold			215						215						—						—
Cash and cash equivalents			526,515						526,515						—						—
Interest earning time deposits			2,205						—						2,190						—
Investment securities, held to maturity			1,945,638						—						1,668,601						—
Loans held for sale			1,418						—						—						1,418
Loans, net			4,367,601						—						—						4,072,568
Stock in FHLB			34,509						—						34,509						—
Liabilities
Non–interest bearing deposits			$	1,116,005					$	1,116,005					$	—					$	—
Interest bearing deposits			4,548,888						3,369,149						1,171,452						—
Borrowings			1,353,050						—						1,347,129						—
Subordinated notes			55,543						—						53,283						—
Junior subordinated debentures issued to capital trusts			57,258						—						50,063						—
Interest payable			22,249						—						22,249						—

X

- Definition

Tabular disclosure of financial instrument measured at fair value on recurring or nonrecurring basis. Includes, but is not limited to, instrument classified in shareholders' equity.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-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

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

Reference 3: http://www.xbrl.org/2003/role/exampleRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 100
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482078/820-10-55-100

Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 3
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-3

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X

- References

No definition available.

+ Details

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