v3.21.1
Fair Value of Financial Instruments and Fair Value Measurements - Financial Instruments (Details) - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Financial assets:    
Debt securities available for sale $ 1,896,894 $ 1,657,381
Interest receivable 19,749 21,706
FHLB stock 12,170 13,784
Derivative assets 6,894 10,796
Financial liabilities:    
Interest bearing deposits 1,406,070 1,351,641
Short-term borrowings 175,785 230,789
Finance leases payable 1,061 1,096
Carrying Amount    
Financial assets:    
Cash and cash equivalents 145,769 82,659
Debt securities available for sale 1,896,894 1,657,381
Loans held for sale 58,333 59,956
Loans held for investment, net 3,307,511 3,426,723
Interest receivable 19,749 21,706
FHLB stock 12,170  
Derivative assets 6,894 10,796
Financial liabilities:    
Noninterest bearing deposits 958,526 910,655
Interest bearing deposits 3,836,037 3,636,394
Short-term borrowings 175,785 230,789
Finance leases payable 1,061 1,096
FHLB borrowings 84,174 91,198
Junior subordinated notes issued to capital trusts 41,807 41,763
Subordinated debentures 74,654 74,634
Derivative liabilities 7,694 13,267
Estimated Fair Value    
Financial assets:    
Cash and cash equivalents 145,769 82,659
Debt securities available for sale 1,896,894 1,657,381
Loans held for sale 58,608 60,039
Loans held for investment, net 3,341,347 3,469,515
Interest receivable 19,749 21,706
FHLB stock 12,170 13,784
Derivative assets 6,894 10,796
Financial liabilities:    
Noninterest bearing deposits 958,526 910,655
Interest bearing deposits 3,838,265 3,640,365
Short-term borrowings 175,785 230,789
Finance leases payable 1,061 1,096
FHLB borrowings 85,986 93,380
Junior subordinated notes issued to capital trusts 34,066 33,986
Subordinated debentures 78,388 77,228
Derivative liabilities 7,694 13,267
Level 1 | Estimated Fair Value    
Financial assets:    
Cash and cash equivalents 145,769 82,659
Debt securities available for sale 0 0
Loans held for sale 0 0
Loans held for investment, net 0 0
Interest receivable 0 0
FHLB stock 0 0
Derivative assets 0 0
Financial liabilities:    
Noninterest bearing deposits 958,526 910,655
Interest bearing deposits 2,937,232 2,800,046
Short-term borrowings 175,785 230,789
Finance leases payable 0 0
FHLB borrowings 0 0
Junior subordinated notes issued to capital trusts 0 0
Subordinated debentures 0 0
Derivative liabilities 0 0
Level 2 | Estimated Fair Value    
Financial assets:    
Cash and cash equivalents 0 0
Debt securities available for sale 1,896,894 1,657,381
Loans held for sale 58,608 60,039
Loans held for investment, net 0 0
Interest receivable 19,749 21,706
FHLB stock 12,170 13,784
Derivative assets 6,894 10,796
Financial liabilities:    
Noninterest bearing deposits 0 0
Interest bearing deposits 901,033 840,319
Short-term borrowings 0 0
Finance leases payable 1,061 1,096
FHLB borrowings 85,986 93,380
Junior subordinated notes issued to capital trusts 34,066 33,986
Subordinated debentures 78,388 77,228
Derivative liabilities 7,694 13,267
Level 3 | Estimated Fair Value    
Financial assets:    
Cash and cash equivalents 0 0
Debt securities available for sale 0 0
Loans held for sale 0 0
Loans held for investment, net 3,341,347 3,469,515
Interest receivable   0
FHLB stock   0
Derivative assets 0 0
Financial liabilities:    
Noninterest bearing deposits 0 0
Interest bearing deposits 0  
Short-term borrowings   0
Finance leases payable 0 0
FHLB borrowings 0  
Junior subordinated notes issued to capital trusts 0  
Subordinated debentures 0
Derivative liabilities $ 0 $ 0