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Disclosures about Fair Value of Financial Instruments (Tables) | 12 Months Ended
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Dec. 31, 2023
Fair Value Disclosures [Abstract] |
Fair Value, by Balance Sheet Grouping | Following is a summary of the carrying amounts and fair values of the Company’s financial instruments:
| December 31,
| 2023 |  | 2022
(In thousands) | Carrying Amount |  | Fair Value |  | Carrying Amount |  | Fair Value
Balance sheet assets: |  |  |  |  |  |  |
Cash and cash equivalents | $ | 372,468 |  |  | $ | 372,468 |  |  | $ | 200,942 |  |  | $ | 200,942 |
Investment securities | 627,117 |  |  | 627,117 |  |  | 754,468 |  |  | 754,468 |
Loans, net | 1,001,229 |  |  | 962,223 |  |  | 1,069,367 |  |  | 1,004,682 |
Accrued interest receivable | 8,450 |  |  | 8,450 |  |  | 8,297 |  |  | 8,297 |
Total | $ | 2,009,264 |  |  | $ | 1,970,258 |  |  | $ | 2,033,074 |  |  | $ | 1,968,389 |
Balance sheet liabilities: |  |  |  |  |  |  |
Deposits | $ | 1,140,814 |  |  | $ | 1,140,814 |  |  | $ | 1,257,217 |  |  | $ | 1,257,217 |
Accounts and drafts payable | 1,071,369 |  |  | 1,071,369 |  |  | 1,067,600 |  |  | 1,067,600 |
Accrued interest payable | 635 |  |  | 635 |  |  | 66 |  |  | 66 |
Total | $ | 2,212,818 |  |  | $ | 2,212,818 |  |  | $ | 2,324,883 |  |  | $ | 2,324,883 |

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- Definition Tabular disclosure of the fair value of financial instruments, including financial assets and financial liabilities, and the measurements of those instruments, assets, and liabilities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482106/820-10-50-2 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 11 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482907/825-10-50-11 + Details
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