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Fair Value of Financial Instruments (Tables) | 3 Months Ended
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Mar. 31, 2024
Fair Value Disclosures [Abstract] |
Schedule of Fair Value Measurements by Balance Sheet Grouping | Following is a summary of the carrying amounts and fair values of the Company’s financial instruments:
| March 31, 2024 |  | December 31, 2023
(In thousands) | Carrying Amount |  | Fair Value |  | Carrying Amount |  | Fair Value
Balance sheet assets: |  |  |  |  |  |  |
Cash and cash equivalents | $ | 192,803 |  |  | $ | 192,803 |  |  | $ | 372,468 |  |  | $ | 372,468 |
Investment securities | 621,929 |  |  | 621,929 |  |  | 627,117 |  |  | 627,117 |
Loans, net | 1,023,698 |  |  | 987,496 |  |  | 1,001,229 |  |  | 962,223 |
Accrued interest receivable | 8,965 |  |  | 8,965 |  |  | 8,450 |  |  | 8,450 |
Total | $ | 1,847,395 |  |  | $ | 1,811,193 |  |  | $ | 2,009,264 |  |  | $ | 1,970,258 |
Balance sheet liabilities: |  |  |  |  |  |  |
Deposits | $ | 1,079,092 |  |  | $ | 1,079,092 |  |  | $ | 1,140,814 |  |  | $ | 1,140,814 |
Accounts and drafts payable | 944,793 |  |  | 944,793 |  |  | 1,071,369 |  |  | 1,071,369 |
Accrued interest payable | 387 |  |  | 387 |  |  | 635 |  |  | 635 |
Total | $ | 2,024,272 |  |  | $ | 2,024,272 |  |  | $ | 2,212,818 |  |  | $ | 2,212,818 |

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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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