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Fair value estimates - Carrying and Fair Values of Financial Instruments (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Investment securities:
Available-for-sale	$ 287,709	$ 330,478
Common equity securities	338	423
Held-to-maturity	7,717	7,889
Loans held for sale	1,939	986
Mortgage servicing rights	772	738
Other assets	74,778	69,220
Financial liabilities:
Subordinated debentures	33,000
Carrying Value
Financial assets:
Cash and cash equivalents	51,934	31,153
Investment securities:
Available-for-sale	287,709	330,478
Common equity securities	338	423
Held-to-maturity	7,401	7,656
Loans held for sale	1,939	986
Net loans	2,154,952	1,915,563
Accrued interest receivable	8,368	6,981
Mortgage servicing rights	772	738
Restricted equity securities (FHLB and other)	5,353	10,201
Interest rate floor	2,019	944
Interest rate swaps	15,912	4,728
Total assets	2,536,697	2,309,851
Financial liabilities:
Deposits	2,210,124	1,971,489
Long-term debt	60,938	32,733
Subordinated debentures	33,000
Accrued interest payable	872	1,277
Interest rate swap	16,005	4,680
Total liabilities	2,320,939	2,010,179
Fair Value
Financial assets:
Cash and cash equivalents	51,934	31,153
Investment securities:
Available-for-sale	287,709	330,478
Common equity securities	338	423
Held-to-maturity	7,717	7,889
Loans held for sale	1,939	986
Net loans	2,132,783	1,881,658
Accrued interest receivable	8,368	6,981
Mortgage servicing rights	1,359	1,444
Restricted equity securities (FHLB and other)	5,353	10,201
Interest rate floor	2,019	944
Interest rate swaps	15,912	4,728
Total assets	2,515,431	2,276,885
Financial liabilities:
Deposits	2,214,974	1,972,084
Long-term debt	61,453	33,075
Subordinated debentures	33,201
Accrued interest payable	872	1,277
Interest rate swap	16,005	4,680
Total liabilities	2,326,505	2,011,116
Level 1
Financial assets:
Cash and cash equivalents	51,934	31,153
Investment securities:
Available-for-sale	22,077	24,128
Common equity securities	338	423
Level 2
Investment securities:
Available-for-sale	265,632	306,350
Held-to-maturity	7,717	7,889
Loans held for sale	1,939	986
Accrued interest receivable	8,368	6,981
Mortgage servicing rights	1,359	1,444
Restricted equity securities (FHLB and other)	5,353	10,201
Interest rate floor	2,019	944
Interest rate swaps	15,912	4,728
Financial liabilities:
Deposits	2,214,974	1,972,084
Long-term debt	61,453	33,075
Subordinated debentures	33,201
Accrued interest payable	872	1,277
Interest rate swap	16,005	4,680
Level 3
Investment securities:
Net loans	$ 2,132,783	$ 1,881,658

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This element represents the portion of the balance sheet assertion valued at fair value by the entity whether such amount is presented as a separate caption or as a parenthetical disclosure. Additionally, this element may be used in connection with the fair value disclosures required in the footnote disclosures to the financial statements. The element may be used in both the balance sheet and disclosure in the same submission. This item represents accrued interest payable as of the balance sheet date.

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Fair value portion of probable future economic benefits obtained or controlled by an entity as a result of past transactions or events.

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Fair value portion of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates.

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