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FAIR VALUE - Financial Instruments at Carrying Amounts and Estimated Fair Values (Details) - USD ($) $ in Thousands | Mar. 31, 2023 | Dec. 31, 2022
--- | --- | ---
Financial Assets |  |
Interest-bearing deposits with banks | $ 70,711 | $ 32,346
Restricted investments in bank stock | 12,869 | 10,642
Investment securities | 520,232 | 513,728
Carrying Amount |  |
Financial Assets |  |
Cash and due from banks | 27,612 | 28,477
Interest-bearing deposits with banks | 70,711 | 32,346
Restricted investments in bank stock | 12,869 | 10,642
Investment securities | 520,232 | 513,728
Loans held for sale | 7,341 | 10,880
Loans, net of allowance for credit losses | 2,179,137 | 2,126,054
Accrued interest receivable | 10,911 | 11,027
Financial Liabilities |  |
Deposits | 2,488,109 | 2,444,939
Deposits held for assumption in connection with sale of bank branches | 27,517 | 31,307
Securities sold under agreements to repurchase and federal funds purchased | 13,989 | 17,251
FHLB advances and other borrowings | 162,326 | 106,139
Subordinated notes | 32,042 | 32,026
Accrued interest payable | 1,394 | 457
Off-balance sheet instruments | 0 | 0
Carrying Amount | Derivatives |  |
Financial Assets |  |
Derivatives | 8,665 | 10,517
Financial Liabilities |  |
Derivatives | 9,309 | 11,333
Fair Value |  |
Financial Liabilities |  |
Off-balance sheet instruments | 0 | 0
Fair Value | Fair Value, Inputs, Level 1, 2 and 3 |  |
Financial Assets |  |
Cash and due from banks | 27,612 | 28,477
Interest-bearing deposits with banks | 70,711 | 32,346
Investment securities | 520,232 | 513,728
Loans held for sale | 7,341 | 10,880
Loans, net of allowance for credit losses | 2,048,188 | 1,991,164
Accrued interest receivable | 10,911 | 11,027
Financial Liabilities |  |
Deposits | 2,483,440 | 2,440,660
Deposits held for assumption in connection with sale of bank branches | 25,866 | 29,429
Securities sold under agreements to repurchase and federal funds purchased | 13,989 | 17,251
FHLB advances and other borrowings | 162,312 | 106,141
Subordinated notes | 31,060 | 31,321
Accrued interest payable | 1,394 | 457
Fair Value | Fair Value, Inputs, Level 1, 2 and 3 | Derivatives |  |
Financial Assets |  |
Derivatives | 8,665 | 10,517
Financial Liabilities |  |
Derivatives | 9,309 | 11,333
Fair Value | Level 1 |  |
Financial Assets |  |
Cash and due from banks | 27,612 | 28,477
Interest-bearing deposits with banks | 70,711 | 32,346
Investment securities | 18,063 | 17,668
Loans held for sale | 0 | 0
Loans, net of allowance for credit losses | 0 | 0
Accrued interest receivable | 0 | 0
Financial Liabilities |  |
Deposits | 0 | 0
Deposits held for assumption in connection with sale of bank branches | 0 | 0
Securities sold under agreements to repurchase and federal funds purchased | 0 | 0
FHLB advances and other borrowings | 0 | 0
Subordinated notes | 0 | 0
Accrued interest payable | 0 | 0
Off-balance sheet instruments | 0 | 0
Fair Value | Level 1 | Derivatives |  |
Financial Assets |  |
Derivatives | 0 | 0
Financial Liabilities |  |
Derivatives | 0 | 0
Fair Value | Level 2 |  |
Financial Assets |  |
Cash and due from banks | 0 | 0
Interest-bearing deposits with banks | 0 | 0
Investment securities | 473,979 | 468,867
Loans held for sale | 7,341 | 10,880
Loans, net of allowance for credit losses | 0 | 0
Accrued interest receivable | 4,055 | 4,441
Financial Liabilities |  |
Deposits | 2,483,440 | 2,440,660
Deposits held for assumption in connection with sale of bank branches | 25,866 | 29,429
Securities sold under agreements to repurchase and federal funds purchased | 13,989 | 17,251
FHLB advances and other borrowings | 162,312 | 106,141
Subordinated notes | 31,060 | 31,321
Accrued interest payable | 1,394 | 457
Off-balance sheet instruments | 0 | 0
Fair Value | Level 2 | Derivatives |  |
Financial Assets |  |
Derivatives | 8,608 | 10,482
Financial Liabilities |  |
Derivatives | 9,309 | 11,333
Fair Value | Level 3 |  |
Financial Assets |  |
Cash and due from banks | 0 | 0
Interest-bearing deposits with banks | 0 | 0
Investment securities | 28,190 | 27,193
Loans held for sale | 0 | 0
Loans, net of allowance for credit losses | 2,048,188 | 1,991,164
Accrued interest receivable | 6,856 | 6,586
Financial Liabilities |  |
Deposits | 0 | 0
Deposits held for assumption in connection with sale of bank branches | 0 | 0
Securities sold under agreements to repurchase and federal funds purchased | 0 | 0
FHLB advances and other borrowings | 0 | 0
Subordinated notes | 0 | 0
Accrued interest payable | 0 | 0
Off-balance sheet instruments | 0 | 0
Fair Value | Level 3 | Derivatives |  |
Financial Assets |  |
Derivatives | 57 | 35
Financial Liabilities |  |
Derivatives | $ 0 | $ 0

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- Definition For banks and other depository institutions (including Federal Reserve Banks, if applicable): Interest-bearing deposits in other financial institutions for relatively short periods of time including, for example, certificates of deposits, which are presented separately from cash on the balance sheet. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section 45 -Paragraph 4 -URI https://asc.fasb.org/extlink&oid=126970686&loc=d3e59706-112781 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03.2) -URI https://asc.fasb.org/extlink&oid=126897435&loc=d3e534808-122878 + Details
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