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Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2025
Fair Value Disclosures [Abstract]  
Schedule of Recorded Amount of Assets and Liabilities Measured at Fair Value on a Recurring Basis
The table below presents the recorded amount of assets and liabilities measured at fair value on a recurring basis.
(dollars in thousands)Quoted Prices (Level 1)Significant Other Observable Inputs (Level 2)Significant Other Unobservable Inputs (Level 3)Total (Fair Value)
As of June 30, 2025
Assets:        
Investment securities available-for-sale:        
U.S. agency securities$— $488,768 $— $488,768 
Residential mortgage-backed securities— 600,156 — 600,156 
Commercial mortgage-backed securities— 71,863 — 71,863 
Municipal bonds— 7,845 — 7,845 
Corporate bonds— 1,857 — 1,857 
Loans held for sale— 37,576 — 37,576 
Interest rate product— 27,567 — 27,567 
Total assets measured at fair value on a recurring basis as of June 30, 2025$— $1,235,632 $— $1,235,632 
Liabilities:
Interest rate product$— $24,590 $— $24,590 
Total liabilities measured at fair value on a recurring basis as of June 30, 2025$— $24,590 $— $24,590 
As of December 31, 2024
Assets:
Investment securities available-for-sale:
U.S. treasury bonds$— $24,776 $— $24,776 
U.S. agency securities— 558,535 — 558,535 
Residential mortgage-backed securities— 625,316 — 625,316 
Commercial mortgage-backed securities— 48,945 — 48,945 
Municipal bonds— 8,014 — 8,014 
Corporate bonds— 1,818 — 1,818 
Interest rate product— 31,592 — 31,592 
Total assets measured at fair value on a recurring basis as of December 31, 2024$— $1,298,996 $— $1,298,996 
Liabilities:
Interest rate product$— $29,110 $— $29,110 
Total liabilities measured at fair value on a recurring basis as of December 31, 2024$— $29,110 $— $29,110 
Schedule of Assets Measured at Fair Value on Nonrecurring Basis ssets measured at fair value on a nonrecurring basis. There were no liabilities measured at fair value on a non-recurring basis as of June 30, 2025 and December 31, 2024.
(dollars in thousands)Quoted Prices 
(Level 1)
Significant Other
Observable Inputs 
(Level 2)
Significant Other 
Unobservable Inputs 
(Level 3)
Total 
(Fair Value)
As of June 30, 2025
        
Individually assessed loans:        
Commercial$— $— $3,820 $3,820 
Income producing - commercial real estate— — 156,531 156,531 
Owner occupied - commercial real estate— — 15,025 15,025 
Real estate mortgage - residential— — 5,736 5,736 
Construction - commercial and residential— — 16,836 16,836 
Consumer— — 507 507 
Other real estate owned— — 2,459 2,459 
Total assets measured at fair value on a nonrecurring basis as of June 30, 2025$— $— $200,914 $200,914 
(dollars in thousands)Quoted Prices 
(Level 1)
Significant Other
Observable Inputs 
(Level 2)
Significant Other 
Unobservable Inputs 
(Level 3)
Total 
(Fair Value)
As of December 31, 2024
        
Individually assessed loans:        
Commercial$— $— $2,551 $2,551 
Income producing - commercial real estate— — 158,956 158,956 
Owner occupied - commercial real estate— — 30,384 30,384 
Construction - commercial and residential— — 303 303 
Other real estate owned— — 2,743 2,743 
Total assets measured at fair value on a nonrecurring basis as of December 31, 2024$— $— $194,937 $194,937 
Schedule of Estimated Fair Values of Financial Instruments
The table below presents the estimated fair values of the Company’s financial instruments.
Fair Value Measurements
(dollars in thousands)Carrying
Value
Fair ValueQuoted Prices
(Level 1)
Significant Other 
Observable Inputs
(Level 2)
Significant Other Unobservable 
Inputs (Level 3)
As of June 30, 2025
          
Assets          
Cash and due from banks$14,005 $14,005 $14,005 $— $— 
Federal funds sold4,091 4,091 — 4,091 — 
Interest-bearing deposits with other banks239,237 239,237 — 239,237 — 
Investment securities available-for-sale1,170,489 1,170,489 — 1,170,489 — 
Investment securities held-to-maturity896,855 799,136 — 799,136 — 
Federal Reserve and Federal Home Loan Bank stock30,613 N/A— — — 
Loans held for sale37,576 37,576 — 37,576 — 
Loans held for investment7,721,664 7,468,787 — — 7,468,787 
Bank owned life insurance325,174 325,174 — 325,174 — 
Annuity investment12,229 12,229 — 12,229 — 
Interest rate product27,567 27,567 — 27,567 — 
Accrued interest receivable43,993 43,993 — 43,993 — 
Liabilities
Noninterest-bearing deposits1,532,132 1,532,132 — 1,532,132 — 
Interest-bearing deposits4,163,234 4,163,234 — 4,163,234 — 
Time deposits3,424,241 3,428,427 — 3,428,427 — 
Customer repurchase agreements23,442 23,442 — 23,442 — 
Other short-term borrowings50,000 50,000 — 50,000 — 
Long-term borrowings76,264 79,607 — 79,607 — 
Interest rate product24,590 24,590 — 24,590 — 
Accrued interest payable13,681 13,681 — 13,681 — 
As of December 31, 2024
Assets
Cash and due from banks$11,882 $11,882 $11,882 $— $— 
Federal funds sold2,581 2,581 — 2,581 — 
Interest-bearing deposits with other banks619,017 619,017 — 619,017 — 
Investment securities available-for-sale1,267,404 1,267,404 — 1,267,404 — 
Investment securities held-to-maturity938,647 820,382 — 820,382 — 
Federal Reserve and Federal Home Loan Bank stock51,763 N/A— — — 
Loans held for investment7,934,888 7,707,424 — — 7,707,424 
Bank owned life insurance115,806 115,806 — 115,806 — 
Annuity investment12,656 12,656 — 12,656 — 
Interest rate product31,592 31,592 — 31,592 — 
Accrued interest receivable49,479 49,479 — 49,479 — 
Liabilities
Noninterest-bearing deposits1,544,403 1,544,403 — 1,544,403 — 
Interest-bearing deposits4,811,012 4,811,012 — 4,811,012 — 
Time deposits2,775,663 2,785,891 — 2,785,891 — 
Customer repurchase agreements33,157 33,157 — 33,157 — 
Other short-term borrowings490,000 490,000 — 490,000 — 
Long-term borrowings76,108 82,916 — 82,916 — 
Interest rate product29,110 29,110 — 29,110 — 
Accrued interest payable17,844 17,844 — 17,844 —