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Fair Value Measurements (Tables)
9 Months Ended
Sep. 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.
As of September 30, 2025
(dollars in thousands)Quoted Prices (Level 1)Significant Other Observable Inputs (Level 2)Significant Other Unobservable Inputs (Level 3)Total (Fair Value)
Assets:        
Investment securities available-for-sale:        
U.S. agency securities$— $412,213 $— $412,213 
Residential mortgage-backed securities— 579,600 — 579,600 
Commercial mortgage-backed securities— 71,718 — 71,718 
Municipal bonds— 7,940 — 7,940 
Corporate bonds— 1,941 — 1,941 
Interest rate product— 31,193 — 31,193 
Total assets measured at fair value on a recurring basis as of September 30, 2025$— $1,104,605 $— $1,104,605 
Liabilities:
Interest rate product$— $25,191 $— $25,191 
Total liabilities measured at fair value on a recurring basis as of September 30, 2025$— $25,191 $— $25,191 
As of December 31, 2024
(dollars in thousands)Quoted Prices (Level 1)Significant Other Observable Inputs (Level 2)Significant Other Unobservable Inputs (Level 3)Total (Fair Value)
Assets:
Investment securities available-for-sale:
U.S. treasury bonds$— $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 $— $29,110 
Schedule of Assets Measured at Fair Value on Nonrecurring Basis ssets measured at fair value on a nonrecurring basis. There were no liabilities measured at fair value on a non-recurring basis as of September 30, 2025 and December 31, 2024.
As of September 30, 2025
(dollars in thousands)Quoted Prices 
(Level 1)
Significant Other
Observable Inputs 
(Level 2)
Significant Other 
Unobservable Inputs 
(Level 3)
Total 
(Fair Value)
Individually assessed loans:        
Commercial$— $— $9,808 $9,808 
Income producing - commercial real estate— — 52,073 52,073 
Owner occupied - commercial real estate— — 8,816 8,816 
Real estate mortgage - residential— — 6,141 6,141 
Construction - commercial and residential— — 17,062 17,062 
Consumer— — 499 499 
Loans held for sale— — 136,506 136,506 
Other real estate owned— — 14,684 14,684 
Total assets measured at fair value on a nonrecurring basis as of September 30, 2025$— $— $245,589 $245,589 
As of December 31, 2024
(dollars in thousands)Quoted Prices 
(Level 1)
Significant Other
Observable Inputs 
(Level 2)
Significant Other 
Unobservable Inputs 
(Level 3)
Total 
(Fair Value)
Individually assessed loans:        
Commercial$— $— $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 September 30, 2025
Assets          
Cash and due from banks$7,938 $7,938 $7,938 $— $— 
Federal funds sold1,457 1,457 — 1,457 — 
Interest-bearing deposits with other banks841,372 841,372 — 841,372 — 
Investment securities available-for-sale1,073,412 1,073,412 — 1,073,412 — 
Investment securities held-to-maturity872,418 786,662 — 786,662 — 
Federal Reserve and Federal Home Loan Bank stock28,306 N/A— — — 
Loans held for sale136,506 136,506 — 136,506 
Loans held for investment7,304,679 7,097,749 — — 7,097,749 
Bank owned life insurance330,426 330,426 — 330,426 — 
Annuity investment12,043 12,043 — 12,043 — 
Interest rate product31,193 31,193 — 31,193 — 
Accrued interest receivable42,809 42,809 — 42,809 — 
Liabilities
Noninterest-bearing deposits1,577,197 1,577,197 — 1,577,197 — 
Interest-bearing deposits4,635,079 4,635,079 — 4,635,079 — 
Time deposits3,251,283 3,265,949 — 3,265,949 — 
Customer repurchase agreements13,725 13,725 — 13,725 
Long-term borrowings76,346 79,506 — 79,506 — 
Interest rate product25,191 25,191 — 25,191 — 
Accrued interest payable11,020 11,020 — 11,020 — 
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 —