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Fair Value (Tables)

12 Months Ended

Dec. 31, 2020

Fair Value

Schedule of financial assets and liabilities measured on a recurring basis


					Fair Value Measurements Using
								Significant
					Quoted Prices in			Other			Significant
					Active Markets for			Observable			Unobservable
					Identical Assets			Inputs			Inputs
		Balance			(Level 1)			(Level 2)			(Level 3)

		(Dollars in thousands)
Assets at December 31, 2020
Available-for-sale securities:
Agency mortgage-backed securities		$	175,326			—		$	175,326			—
U.S. Treasury			60,448			60,448			—			—
I/O strip receivables			305			—			305			—

Assets at December 31, 2019
Available-for-sale securities:
Agency mortgage-backed securities		$	284,361			—		$	284,361			—
U.S. Treasury			120,464			120,464			—			—
I/O strip receivables			503			—			503			—

Schedule of carrying amounts and estimated fair values of financial instruments


					Estimated Fair Value
								Significant
					Quoted Prices in			Other			Significant
					Active Markets for			Observable			Unobservable
		Carrying			Identical Assets			Inputs			Inputs
		Amounts			(Level 1)			(Level 2)			(Level 3)			Total

		(Dollars in thousands)
Assets:
Cash and cash equivalents		$	1,131,073		$	1,131,073		$	—		$	—		$	1,131,073
Securities available-for-sale			235,774			60,448			175,326			—			235,774
Securities held-to-maturity			297,389			—			304,927			—			304,927
Loans (including loans held-for-sale), net			2,576,560			—			1,699			2,572,993			2,574,692
FHLB stock, FRB stock, and other
investments			33,522			—			—			—			N/A
Accrued interest receivable			10,546			309			1,512			8,725			10,546
I/O strips receivables			305			—			305			—			305
Liabilities:
Time deposits		$	153,407		$	—		$	153,740		$	—		$	153,740
Other deposits			3,761,079			—			3,761,079			—			3,761,079
Subordinated debt			39,740			—			40,340			—			40,340
Accrued interest payable			545			—			545			—			545


`					Estimated Fair Value
								Significant
					Quoted Prices in			Other			Significant
					Active Markets for			Observable			Unobservable
		Carrying			Identical Assets			Inputs			Inputs
		Amounts			(Level 1)			(Level 2)			(Level 3)			Total

		(Dollars in thousands)
Assets:
Cash and cash equivalents		$	457,370		$	457,370		$	—		$	—		$	457,370
Securities available-for-sale			404,825			120,464			284,361			—			404,825
Securities held-to-maturity			366,560			—			368,107			—			368,107
Loans (including loans held-for-sale), net			2,511,611			—			1,052			2,512,277			2,513,329
FHLB stock, FRB stock, and other
investments			29,842			—			—			—			N/A
Accrued interest receivable			10,915			446			2,218			8,251			10,915
I/O strips receivables			503			—			503			—			503
Liabilities:
Time deposits		$	168,034		$	—		$	158,704		$	—		$	158,704
Other deposits			3,246,734			—			3,246,734			—			3,246,734
Subordinated debt			39,554			—			40,404			—			40,404
Accrued interest payable			707			—			707			—			707