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DISCLOSURES ABOUT FAIR VALUE OF FINANCIAL INSTRUMENTS - Schedule Of Financial Instruments Fair Value (Tables)

9 Months Ended

Sep. 30, 2021

DISCLOSURES ABOUT FAIR VALUE OF FINANCIAL INSTRUMENTS

Schedule of Fair Value, Assets Measured on Recurring Basis


					Fair value measurements using
					Quoted prices
					in active
					markets			Other			Significant
					for identical			observable			unobservable
					assets			inputs			inputs
		Fair value			(Level 1)			(Level 2)			(Level 3)

		(In Thousands)
September 30, 2021
Agency mortgage-backed securities		$	168,820		$	—		$	168,820		$	—
Agency collateralized mortgage obligations			205,731			—			205,731			—
States and political subdivisions securities			40,037			—			40,037			—
Small Business Administration securities			18,350			—			18,350			—
Interest rate derivative asset			3,707			—			3,707			—
Interest rate derivative liability			(3,758)			—			(3,758)			—

December 31, 2020
Agency mortgage-backed securities		$	169,940		$	—		$	169,940		$	—
Agency collateralized mortgage obligations			176,621			—			176,621			—
States and political subdivisions securities			47,325			—			47,325			—
Small Business Administration securities			21,047			—			21,047			—
Interest rate derivative asset			5,062			—			5,062			—
Interest rate derivative liability			(5,454)			—			(5,454)			—

Schedule of Fair Value, Assets and Liabilities Measured on Nonrecurring Basis


					Fair Value Measurements Using
					Quoted prices
					in active
					markets			Other			Significant
					for identical			observable			unobservable
					assets			inputs			inputs
		Fair value			(Level 1)			(Level 2)			(Level 3)

		(In Thousands)
September 30, 2021
Collateral-dependent loans		$	—		$	—		$	—		$	—

Foreclosed assets held for sale		$	—		$	—		$	—		$	—

December 31, 2020
Impaired loans		$	1,759		$	—		$	—		$	1,759

Foreclosed assets held for sale		$	945		$	—		$	—		$	945

Schedule Of Financial Instruments Fair Value


		September 30, 2021									December 31, 2020
		Carrying			Fair			Hierarchy		Carrying			Fair			Hierarchy
		Amount			Value			Level		Amount			Value			Level

		(In Thousands)
Financial assets
Cash and cash equivalents		$	769,192		$	769,192		1		$	563,729		$	563,729		1
Mortgage loans held for sale			10,809			10,809		2			17,780			17,780		2
Loans, net of allowance for credit losses			4,025,686			4,023,358		3			4,296,804			4,303,909		3
Interest receivable			11,290			11,290		3			12,793			12,793		3
Investment in FHLBank stock and other interest-earning assets			6,655			6,655		3			9,806			9,806		3

Financial liabilities
Deposits			4,510,196			4,512,586		3			4,516,903			4,523,586		3
Short-term borrowings			168,968			168,968		3			165,692			165,692		3
Subordinated debentures			25,774			25,774		3			25,774			25,774		3
Subordinated notes			73,910			81,563		2			148,397			157,032		2
Interest payable			1,730			1,730		3			2,594			2,594		3

Unrecognized financial instruments (net of contractual value)
Commitments to originate loans			—			—		3			—			—		3
Letters of credit			64			64		3			84			84		3
Lines of credit			—			—		3			—			—		3