XML 147 R122.htm IDEA: XBRL DOCUMENT v3.22.4
FAIR VALUE OF ASSETS AND LIABILITIES (Carrying Amount and Estimated Fair Value of Financial Instruments) (Details) - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Fair Value Disclosures [Abstract]    
Loans, weighted average discount rate, percent 7.44%  
Time deposits, weighted average discount rate, percent 4.96%  
Long -term debt, weighted average discount rate, percent 7.28%  
Financial assets    
Cash and due from financial institutions $ 97,150 $ 81,506
Interest-bearing deposits in other financial institutions 14,894 247,401
Investment securities 1,268,574  
Loans held for sale 1,105 3,531
Federal Home Loan Bank ("FHLB") stock 9,146 7,964
Accrued interest receivable 20,345 16,709
Financial liabilities    
Noninterest-bearing demand 2,092,823 2,291,246
Time deposits 991,205 706,732
Quoted Prices in Active Markets for Identical Assets (Level 1)    
Financial assets    
Cash and due from financial institutions 97,150 81,506
Interest-bearing deposits in other financial institutions 14,894 247,401
Investment securities 0 0
Loans Receivable Held-for-sale, Net, Not Part of Disposal Group 0 0
Loans, net of ACL 0 0
Accrued interest receivable 20,345 16,709
Financial liabilities    
Noninterest-bearing demand 2,092,823 2,291,246
Interest-bearing demand and savings deposits 3,652,195 3,641,180
Time deposits 0 0
FHLB advances and other short-term borrowings 0  
Long-term debt 0 0
Accrued interest payable (included in other liabilities) 4,739 1,122
Significant Other Observable Inputs (Level 2)    
Financial assets    
Cash and due from financial institutions 0 0
Interest-bearing deposits in other financial institutions 0 0
Investment securities 1,261,306 1,623,080
Loans held for sale 1,105 3,531
Loans, net of ACL 0 0
Accrued interest receivable 0 0
Financial liabilities    
Noninterest-bearing demand 0 0
Interest-bearing demand and savings deposits 0 0
Time deposits 0 0
FHLB advances and other short-term borrowings 5,000  
Long-term debt 0 0
Accrued interest payable (included in other liabilities) 0 0
Significant Unobservable Inputs (Level 3)    
Financial assets    
Cash and due from financial institutions 0 0
Interest-bearing deposits in other financial institutions 0 0
Investment securities 7,268 8,619
Loans Receivable Held-for-sale, Net, Not Part of Disposal Group 0 0
Loans, net of ACL 5,043,436 4,741,379
Accrued interest receivable 0 0
Financial liabilities    
Noninterest-bearing demand 0 0
Interest-bearing demand and savings deposits 0 0
Time deposits 975,086 704,645
FHLB advances and other short-term borrowings 0  
Long-term debt 93,729 94,558
Accrued interest payable (included in other liabilities) 0 0
Carrying Amount    
Financial assets    
Cash and due from financial institutions 97,150 81,506
Interest-bearing deposits in other financial institutions 14,894 247,401
Investment securities 1,336,677 1,631,699
Loans held for sale 1,105 3,531
Loans, net of ACL 5,491,728 5,033,552
Accrued interest receivable 20,345 16,709
Financial liabilities    
Noninterest-bearing demand 2,092,823 2,291,246
Interest-bearing demand and savings deposits 3,652,195 3,641,180
Time deposits 991,205 706,732
FHLB advances and other short-term borrowings 5,000  
Long-term debt 105,859 105,616
Accrued interest payable (included in other liabilities) 4,739 1,122
Estimated Fair Value    
Financial assets    
Cash and due from financial institutions 97,150 81,506
Interest-bearing deposits in other financial institutions 14,894 247,401
Investment securities 1,268,574 1,631,699
Loans held for sale 1,105 3,531
Loans, net of ACL 5,043,436 4,741,379
Accrued interest receivable 20,345 16,709
Financial liabilities    
Noninterest-bearing demand 2,092,823 2,291,246
Interest-bearing demand and savings deposits 3,652,195 3,641,180
Time deposits 975,086 704,645
FHLB advances and other short-term borrowings 5,000  
Long-term debt 93,729 94,558
Accrued interest payable (included in other liabilities) 4,739 1,122
Commitments to extend credit    
Financial liabilities    
Off-balance sheet financial instruments: 1,328,791 1,266,596
Commitments to extend credit | Quoted Prices in Active Markets for Identical Assets (Level 1)    
Financial liabilities    
Off-balance sheet financial instruments: 0 0
Commitments to extend credit | Significant Other Observable Inputs (Level 2)    
Financial liabilities    
Off-balance sheet financial instruments: 1,270 1,347
Commitments to extend credit | Significant Unobservable Inputs (Level 3)    
Financial liabilities    
Off-balance sheet financial instruments: 0 0
Commitments to extend credit | Carrying Amount    
Financial liabilities    
Off-balance sheet financial instruments: 0 0
Commitments to extend credit | Estimated Fair Value    
Financial liabilities    
Off-balance sheet financial instruments: 1,270 1,347
Standby letters of credit and financial guarantees written    
Financial liabilities    
Off-balance sheet financial instruments: 5,367 6,634
Standby letters of credit and financial guarantees written | Quoted Prices in Active Markets for Identical Assets (Level 1)    
Financial liabilities    
Off-balance sheet financial instruments: 0 0
Standby letters of credit and financial guarantees written | Significant Other Observable Inputs (Level 2)    
Financial liabilities    
Off-balance sheet financial instruments: 80 100
Standby letters of credit and financial guarantees written | Significant Unobservable Inputs (Level 3)    
Financial liabilities    
Off-balance sheet financial instruments: 0 0
Standby letters of credit and financial guarantees written | Carrying Amount    
Financial liabilities    
Off-balance sheet financial instruments: 0 0
Standby letters of credit and financial guarantees written | Estimated Fair Value    
Financial liabilities    
Off-balance sheet financial instruments: 80 100
Assets    
Financial liabilities    
Notional amount (32,335) (33,112)
Assets | Quoted Prices in Active Markets for Identical Assets (Level 1)    
Financial liabilities    
Financial Liabilities Fair Value Disclosure 0 0
Assets | Significant Other Observable Inputs (Level 2)    
Financial liabilities    
Financial Liabilities Fair Value Disclosure 0 0
Assets | Significant Unobservable Inputs (Level 3)    
Financial liabilities    
Financial Liabilities Fair Value Disclosure (4,611) (435)
Assets | Carrying Amount    
Financial liabilities    
Financial Liabilities Fair Value Disclosure (4,611) (435)
Assets | Estimated Fair Value    
Financial liabilities    
Financial Liabilities Fair Value Disclosure (4,611) (435)
Liabilities    
Financial liabilities    
Notional amount (32,335) (33,112)
Financial Liabilities Fair Value Disclosure (4,611) (435)
Liabilities | Quoted Prices in Active Markets for Identical Assets (Level 1)    
Financial liabilities    
Financial Liabilities Fair Value Disclosure 0 0
Liabilities | Significant Other Observable Inputs (Level 2)    
Financial liabilities    
Financial Liabilities Fair Value Disclosure 0 0
Liabilities | Significant Unobservable Inputs (Level 3)    
Financial liabilities    
Financial Liabilities Fair Value Disclosure (4,611) (435)
Forward interest rate contracts    
Financial liabilities    
Notional amount (1,110) (3,525)
Risk participation agreements    
Financial liabilities    
Notional amount (36,835) (37,531)
Interest rate swap    
Financial liabilities    
Notional amount (115,545)  
Recurring basis | Forward interest rate contracts | Quoted Prices in Active Markets for Identical Assets (Level 1)    
Financial liabilities    
Assets, Fair Value Disclosure, Recurring (Deprecated 2018-01-31) 0 0
Recurring basis | Forward interest rate contracts | Significant Other Observable Inputs (Level 2)    
Financial liabilities    
Assets, Fair Value Disclosure, Recurring (Deprecated 2018-01-31) 8 1
Recurring basis | Forward interest rate contracts | Significant Unobservable Inputs (Level 3)    
Financial liabilities    
Assets, Fair Value Disclosure, Recurring (Deprecated 2018-01-31) 0 0
Recurring basis | Forward interest rate contracts | Carrying Amount    
Financial liabilities    
Assets, Fair Value Disclosure, Recurring (Deprecated 2018-01-31) 8 1
Recurring basis | Forward interest rate contracts | Estimated Fair Value    
Financial liabilities    
Assets, Fair Value Disclosure, Recurring (Deprecated 2018-01-31) 8 1
Recurring basis | Risk participation agreements | Quoted Prices in Active Markets for Identical Assets (Level 1)    
Financial liabilities    
Assets, Fair Value Disclosure, Recurring (Deprecated 2018-01-31) 0 0
Recurring basis | Risk participation agreements | Significant Other Observable Inputs (Level 2)    
Financial liabilities    
Assets, Fair Value Disclosure, Recurring (Deprecated 2018-01-31) 0 0
Recurring basis | Risk participation agreements | Significant Unobservable Inputs (Level 3)    
Financial liabilities    
Assets, Fair Value Disclosure, Recurring (Deprecated 2018-01-31) 0 16
Recurring basis | Risk participation agreements | Carrying Amount    
Financial liabilities    
Assets, Fair Value Disclosure, Recurring (Deprecated 2018-01-31) 0 16
Recurring basis | Risk participation agreements | Estimated Fair Value    
Financial liabilities    
Assets, Fair Value Disclosure, Recurring (Deprecated 2018-01-31) 0 $ 16
Recurring basis | Interest rate swap | Quoted Prices in Active Markets for Identical Assets (Level 1)    
Financial liabilities    
Assets, Fair Value Disclosure, Recurring (Deprecated 2018-01-31) 0  
Recurring basis | Interest rate swap | Significant Other Observable Inputs (Level 2)    
Financial liabilities    
Assets, Fair Value Disclosure, Recurring (Deprecated 2018-01-31) 0  
Recurring basis | Interest rate swap | Significant Unobservable Inputs (Level 3)    
Financial liabilities    
Assets, Fair Value Disclosure, Recurring (Deprecated 2018-01-31) 5,986  
Recurring basis | Interest rate swap | Carrying Amount    
Financial liabilities    
Assets, Fair Value Disclosure, Recurring (Deprecated 2018-01-31) 5,986  
Recurring basis | Interest rate swap | Estimated Fair Value    
Financial liabilities    
Assets, Fair Value Disclosure, Recurring (Deprecated 2018-01-31) $ 5,986