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v3.23.1

Fair value estimates - Carrying and Fair Values of Financial Instruments (Details) - USD ($) $ in Thousands | Mar. 31, 2023 | Dec. 31, 2022
--- | --- | ---
Investment securities: |  |
Available-for-sale | $ 418,125 | $ 477,703
Common equity securities | 81 | 110
Held-to-maturity | 77,073 | 76,563
Mortgage servicing rights | 906 | 914
Financial liabilities: |  |
Subordinated debentures | 33,000 | 33,000
Carrying Value |  |
Financial assets: |  |
Cash and due from banks | 140,583 | 37,868
Investment securities: |  |
Available-for-sale | 418,125 | 477,703
Common equity securities | 81 | 110
Held-to-maturity | 89,705 | 91,179
Net loans | 2,792,599 | 2,702,644
Accrued interest receivable | 11,678 | 11,715
Mortgage servicing rights | 906 | 914
Restricted equity securities (FHLB and other) | 4,887 | 9,630
Interest rate floor | 1 | 1
Interest rate swaps | 18,485 | 21,794
Total assets | 3,477,050 | 3,353,558
Financial liabilities: |  |
Deposits | 3,235,967 | 3,046,598
Short-term borrowings | 17,280 | 114,930
Long-term debt | 25,000 | 555
Subordinated debentures | 33,000 | 33,000
Accrued interest payable | 2,304 | 903
Interest rate floor | 1,980 |
Interest rate swap | 17,914 | 21,466
Total liabilities | 3,333,445 | 3,217,452
Fair Value |  |
Financial assets: |  |
Cash and due from banks | 140,583 | 37,868
Investment securities: |  |
Available-for-sale | 418,125 | 477,703
Common equity securities | 81 | 110
Held-to-maturity | 77,073 | 76,563
Net loans | 2,629,921 | 2,562,780
Accrued interest receivable | 11,678 | 11,715
Mortgage servicing rights | 1,747 | 1,762
Restricted equity securities (FHLB and other) | 4,887 | 9,630
Interest rate floor | 1 | 1
Interest rate swaps | 18,485 | 21,794
Total assets | 3,302,580 | 3,199,926
Financial liabilities: |  |
Deposits | 3,229,495 | 3,035,615
Short-term borrowings | 17,280 | 114,743
Long-term debt | 24,982 | 555
Subordinated debentures | 31,898 | 53,998
Accrued interest payable | 2,304 | 903
Interest rate floor | 1,980 |
Interest rate swap | 17,914 | 21,466
Total liabilities | 3,325,853 | 3,227,280
Level 1 |  |
Financial assets: |  |
Cash and due from banks | 140,583 | 37,868
Investment securities: |  |
Available-for-sale | 181,564 | 180,297
Common equity securities | 81 | 110
Level 2 |  |
Investment securities: |  |
Available-for-sale | 236,561 | 294,706
Held-to-maturity | 77,073 | 76,563
Accrued interest receivable | 11,678 | 11,715
Mortgage servicing rights | 1,747 | 1,762
Restricted equity securities (FHLB and other) | 4,887 | 9,630
Interest rate floor | 1 | 1
Interest rate swaps | 18,485 | 21,794
Financial liabilities: |  |
Deposits | 3,229,495 | 3,035,615
Short-term borrowings | 17,280 | 114,743
Long-term debt | 24,982 | 555
Subordinated debentures | 31,898 | 53,998
Accrued interest payable | 2,304 | 903
Interest rate floor | 1,980 |
Interest rate swap | 17,914 | 21,466
Level 3 |  |
Investment securities: |  |
Net loans | $ 2,629,921 | $ 2,562,780

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- Definition 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. + References No definition available. + Details
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- Definition 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 receivable as of the balance sheet date. + References No definition available. + Details
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- Definition Mortgage servicing rights (MSR) refer to a contractual agreement where the right, or rights, to service an existing mortgage are sold by the original lender to another party who specializes in the various functions of servicing mortgages. + References No definition available. + Details
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- Definition Fair value portion of probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258 + Details
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- Definition 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. + References No definition available. + Details
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- Definition Amount excluding accrued interest, of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 30 -Section 45 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=124258926&loc=SL82898722-210454 + Details
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- Definition Fair value portion of deposit liabilities held by the entity, including, but not limited to, foreign and domestic, interest and noninterest bearing, demand deposits, saving deposits, negotiable orders of withdrawal (NOW) and time deposits. + References No definition available. + Details
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- Definition Amount of investment in equity security measured at fair value with change in fair value recognized in net income (FV-NI), classified as current. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(2)) -URI https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section 45 -Paragraph 1 -Subparagraph (f) -URI https://asc.fasb.org/extlink&oid=124098289&loc=d3e6676-107765 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 45 -Paragraph 1A -URI https://asc.fasb.org/extlink&oid=123594786&loc=SL75136599-209740 + Details
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- Definition Fair value of investment in debt security measured at amortized cost (held-to-maturity). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 5 -Subparagraph (aa) -URI https://asc.fasb.org/extlink&oid=126970911&loc=d3e27232-111563 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(6)) -URI https://asc.fasb.org/extlink&oid=126897435&loc=d3e534808-122878 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 5A -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126970911&loc=SL120269820-111563 + Details
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- Definition Fair value of financial and nonfinancial obligations. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258 + Details
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- Definition The fair value amount of long-term debt 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. + References No definition available. + Details
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