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FAIR VALUES OF FINANCIAL INSTRUMENTS - Carrying Amount and Estimated Fair Value of Assets and Liabilities (Details) - USD ($) $ in Thousands | Dec. 31, 2023 | Dec. 31, 2022
--- | --- | ---
Carrying amount and estimated fair value of financial instruments |  |
Securities available-for-sale | $ 1,259,137 | $ 1,330,481
Restricted stock | 15,364 | 15,378
Accrued interest receivable | 24,877 | 21,288
Deposits | (4,090,068) | (4,368,871)
Level 1 |  |
Carrying amount and estimated fair value of financial instruments |  |
Cash and due from banks | 25,467 | 29,400
Securities available-for-sale | 0 | 0
Level 2 |  |
Carrying amount and estimated fair value of financial instruments |  |
Cash and due from banks | 51,292 | 193,117
Federal funds sold | 282 | 9,374
Securities available-for-sale | 1,254,955 | 1,325,950
Accrued interest receivable | 6,755 | 5,529
Deposits | (4,094,552) | (4,369,402)
Short-term borrowings | (67,221) | (70,875)
Other borrowings | (108,496) | (8,788)
Accrued interest payable | (2,588) | (483)
Level 3 |  |
Carrying amount and estimated fair value of financial instruments |  |
Securities available-for-sale | 4,182 | 4,531
Loans, net | 3,025,621 | 2,930,680
Accrued interest receivable | 18,122 | 15,759
Reported Value Measurement |  |
Carrying amount and estimated fair value of financial instruments |  |
Cash and due from banks | 76,759 | 222,517
Federal funds sold | 282 | 9,374
Securities available-for-sale | 1,259,137 | 1,330,481
Restricted stock | 15,364 | 15,378
Loans, net | 3,128,054 | 3,027,659
Accrued interest receivable | 24,877 | 21,288
Deposits | (4,090,068) | (4,368,871)
Short-term borrowings | (67,221) | (70,875)
Other borrowings | (108,577) | (9,589)
Accrued interest payable | (2,588) | (483)
Estimate of Fair Value Measurement |  |
Carrying amount and estimated fair value of financial instruments |  |
Cash and due from banks | 76,759 | 222,517
Federal funds sold | 282 | 9,374
Securities available-for-sale | 1,259,137 | 1,330,481
Loans, net | 3,025,621 | 2,930,680
Accrued interest receivable | 24,877 | 21,288
Deposits | (4,094,552) | (4,369,402)
Short-term borrowings | (67,221) | (70,875)
Other borrowings | (108,496) | (8,788)
Accrued interest payable | $ (2,588) | $ (483)

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- Definition Fair value portion of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. + References No definition available. + Details
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- Definition Amount excluding accrued interest, of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 326 -SubTopic 30 -Name Accounting Standards Codification -Section 45 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479130/326-30-45-1 + Details
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