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FAIR VALUE OF ASSETS AND LIABILITIES (Tables)
12 Months Ended
Dec. 31, 2022
Fair Value Disclosures [Abstract]  
Schedule of carrying amount and estimated fair value of financial instruments
   Fair Value Measurement Using
(Dollars in thousands)Carrying
Amount
Estimated
Fair Value
Quoted Prices
in Active 
Markets for 
Identical
Assets
(Level 1)
Significant
Other
Observable
Inputs
(Level 2)
Significant
Unobservable
Inputs
(Level 3)
December 31, 2022     
Financial assets:     
Cash and due from financial institutions$97,150 $97,150 $97,150 $— $— 
Interest-bearing deposits in other financial institutions14,894 14,894 14,894 — — 
Investment securities1,336,677 1,268,574 — 1,261,306 7,268 
Loans held for sale1,105 1,105 — 1,105 — 
Loans, net of ACL5,491,728 5,043,436 — — 5,043,436 
Accrued interest receivable20,345 20,345 20,345 — — 
Financial liabilities:
Deposits:
Noninterest-bearing deposits2,092,823 2,092,823 2,092,823 — — 
Interest-bearing demand and savings deposits3,652,195 3,652,195 3,652,195 — — 
Time deposits991,205 975,086 — — 975,086 
FHLB advances and other short-term borrowings5,000 5,000 — 5,000 — 
Long-term debt105,859 93,729 — — 93,729 
Accrued interest payable (included in other liabilities)4,739 4,739 4,739 — — 

   Fair Value Measurement Using
(Dollars in thousands)Notional
Amount
Carrying
Amount
Estimated
Fair Value
Quoted Prices
in Active 
Markets for 
Identical
Assets
(Level 1)
Significant
Other
Observable
Inputs
(Level 2)
Significant
Unobservable
Inputs
(Level 3)
December 31, 2022     
Off-balance sheet financial instruments:
Commitments to extend credit$1,328,791 $— $1,270 $— $1,270 $— 
Standby letters of credit and financial guarantees written5,367 — 80 — 80 — 
Derivatives:
Back-to-back swap agreements:
Assets32,335 4,611 4,611 — — 4,611 
Liabilities(32,335)(4,611)(4,611)— — (4,611)
Forward sale commitments1,110 — — 
Risk participation agreements36,835 — — — — — 
Interest rate swap agreements115,545 5,986 5,986 — — 5,986 
 Fair Value Measurement Using
(Dollars in thousands)Carrying
Amount
Estimated
Fair Value
Quoted Prices
in Active 
Markets for 
Identical
Assets
(Level 1)
Significant
Other
Observable
Inputs
(Level 2)
Significant
Unobservable
Inputs
(Level 3)
December 31, 2021     
Financial assets:     
Cash and due from financial institutions$81,506 $81,506 $81,506 $— $— 
Interest-bearing deposits in other financial institutions247,401 247,401 247,401 — — 
Investment securities1,631,699 1,631,699 — 1,623,080 8,619 
Loans held for sale3,531 3,531 — 3,531 — 
Loans, net of ACL5,033,552 4,741,379 — — 4,741,379 
Accrued interest receivable16,709 16,709 16,709 — — 
Financial liabilities:     
Deposits:     
Noninterest-bearing deposits2,291,246 2,291,246 2,291,246 — — 
Interest-bearing demand and savings deposits3,641,180 3,641,180 3,641,180 — — 
Time deposits706,732 704,645 — — 704,645 
Long-term debt105,616 94,558 — — 94,558 
Accrued interest payable (included in other liabilities)1,122 1,122 1,122 — — 

   Fair Value Measurement Using
(Dollars in thousands)Notional
Amount
Carrying
Amount
Estimated
Fair Value
Quoted Prices
in Active 
Markets for 
Identical
Assets
(Level 1)
Significant
Other
Observable
Inputs
(Level 2)
Significant
Unobservable
Inputs
(Level 3)
December 31, 2021
Off-balance sheet financial instruments:   
Commitments to extend credit$1,266,596 $— $1,347 $— $1,347 $— 
Standby letters of credit and financial guarantees written6,634 — 100 — 100 — 
Derivatives:
Back-to-back swap agreements:
Assets33,112 435 435 — — 435 
Liabilities33,112 (435)(435)— — (435)
Forward sale commitments3,525 — — 
Risk participation agreements37,531 (16)(16)— — (16)
Schedule of balances of assets and liabilities measured at fair value on a recurring basis
The following table below presents the fair value of assets and liabilities measured on a recurring basis:
 
  Fair Value at Reporting Date Using
(Dollars in thousands)Fair
Value
Quoted Prices
in Active 
Markets for 
Identical
Assets
(Level 1)
Significant
Other
Observable
Inputs
(Level 2)
Significant
Unobservable
Inputs
(Level 3)
December 31, 2022    
Available-for-sale investment securities:    
Debt securities:    
States and political subdivisions$135,752 $— $129,168 $6,584 
Corporate securities30,211 — 30,211 — 
U.S. Treasury obligations and direct obligations of U.S Government agencies25,715 — 25,715 — 
Mortgage-backed securities:
Residential - U.S. Government-sponsored entities ("GSEs")423,803 — 423,803 — 
Residential - Non-government sponsored entities ("Non-GSEs")8,662 — 7,978 684 
Commercial - U.S. GSEs and agencies46,144 — 46,144 — 
Commercial - Non-GSEs1,507 — 1,507 — 
Total investment securities671,794 — 664,526 7,268 
Derivatives:
Forward sale commitments— — 
Interest rate swap agreements5,986 — — 5,986 
Total derivatives5,994 — 5,986 
Total$677,788 $— $664,534 $13,254 
  Fair Value at Reporting Date Using
(Dollars in thousands)Fair
Value
Quoted Prices
in Active 
Markets for 
Identical
Assets
(Level 1)
Significant
Other
Observable
Inputs
(Level 2)
Significant
Unobservable
Inputs
(Level 3)
December 31, 2021    
Available-for-sale investment securities:    
Debt securities:    
States and political subdivisions$236,828 $— $229,147 $7,681 
Corporate securities40,646 — 40,646 — 
U.S. Treasury obligations and direct obligations of U.S Government agencies35,334 — 35,334 — 
Mortgage-backed securities:    
Residential - U.S. Government-sponsored entities ("GSEs")1,198,816 — 1,198,816 — 
Residential - Non-government sponsored entities ("Non-GSEs")12,213 — 11,275 938 
Commercial - U.S. GSEs and agencies65,849 — 65,849 — 
Commercial - Non-GSEs42,013 — 42,013 — 
Total investment securities1,631,699 — 1,623,080 8,619 
Derivatives:
Interest rate lock commitments— — 
Forward sale commitments(16)— — (16)
Total derivatives(15)— (16)
Total$1,631,684 $— $1,623,081 $8,603 
Schedule of changes in Level 3 assets and liabilities measured at fair value on a recurring basis
The changes in Level 3 assets and liabilities measured at fair value on a recurring basis are summarized as follows:
 
 Available-For-Sale Debt Securities:
(Dollars in thousands)States and Political SubdivisionsResidential - Non-Government AgenciesTotal
Balance as of December 31, 2020$11,337 $989 $12,326 
Principal payments received(2,841)(22)(2,863)
Unrealized net loss included in other comprehensive loss(815)(29)(844)
Balance as of December 31, 20217,681 938 8,619 
Principal payments received(212)(23)(235)
Unrealized net loss included in other comprehensive loss(885)(231)(1,116)
Balance as of December 31, 2022$6,584 $684 $7,268