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v3.22.2.2

Investment Securities (Tables) | 9 Months Ended
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Sep. 30, 2022
Investments, Debt and Equity Securities [Abstract] |
Debt Securities, Available-For-Sale | The following table is the schedule of Available-For-Sale Securities at September 30, 2022, December 31, 2021 and September 30, 2021:
Available-For-Sale Securities
|  | U.S. Government & Agency Obligations |  | State and Municipal Obligations |  | Mortgage- Backed Securities |  | Corporate and Other Debt Securities |  |  |  | Total Available- For-Sale Securities
September 30, 2022 |  |  |  |  |  |  |  |  |  |  |  |
Available-For-Sale Securities, at Amortized Cost |  | $ | 180,000 |  |  | $ | 340 |  |  | $ | 465,485 |  |  | $ | 1,000 |  |  |  |  | $ | 646,825 |
Gross Unrealized Gains |  | — |  |  | — |  |  | 3 |  |  | — |  |  |  |  | 3 |
Gross Unrealized Losses |  | (16,035) |  |  | — |  |  | (55,539) |  |  | (200) |  |  |  |  | (71,774) |
Available-For-Sale Securities, at Fair Value |  | 163,965 |  |  | 340 |  |  | 409,949 |  |  | 800 |  |  |  |  | 575,054 |
Available-For-Sale Securities, Pledged as Collateral, at Fair Value |  |  |  |  |  |  |  |  |  |  |  | 414,929 |
Maturities of Debt Securities, at Amortized Cost: |  |  |  |  |  |  |  |  |  |  |  |
Within One Year |  | $ | 5,000 |  |  | $ | 20 |  |  | $ | 817 |  |  | $ | — |  |  |  |  | $ | 5,837 |
From 1 - 5 Years |  | 175,000 |  |  | — |  |  | 254,104 |  |  | — |  |  |  |  | 429,104 |
From 5 - 10 Years |  | — |  |  | 320 |  |  | 210,564 |  |  | 1,000 |  |  |  |  | 211,884 |
Over 10 Years |  | — |  |  | — |  |  | — |  |  | — |  |  |  |  | — |
Maturities of Debt Securities, at Fair Value: |  |  |  |  |  |  |  |  |  |  |  |
Within One Year |  | $ | 5,000 |  |  | $ | 20 |  |  | $ | 795 |  |  | $ | — |  |  |  |  | $ | 5,815 |
From 1 - 5 Years |  | 158,965 |  |  | — |  |  | 232,760 |  |  | — |  |  |  |  | 391,725 |
From 5 - 10 Years |  | — |  |  | 320 |  |  | 176,394 |  |  | 800 |  |  |  |  | 177,514 |
Over 10 Years |  | — |  |  | — |  |  | — |  |  | — |  |  |  |  | — |
Securities in a Continuous Loss Position, at Fair Value: |  |  |  |  |  |  |  |  |  |  |  |
Less than 12 Months |  | $ | 71,419 |  |  | $ | — |  |  | $ | 274,491 |  |  | $ | — |  |  |  |  | $ | 345,910 |
12 Months or Longer |  | 92,545 |  |  | — |  |  | 135,329 |  |  | 800 |  |  |  |  | 228,674 |
Total |  | $ | 163,964 |  |  | $ | — |  |  | $ | 409,820 |  |  | $ | 800 |  |  |  |  | $ | 574,584 |
Number of Securities in a Continuous Loss Position |  | 24 |  |  | — |  |  | 156 |  |  | 1 |  |  |  |  | 181 |
Unrealized Losses on Securities in a Continuous Loss Position: |  |  |  |  |  |  |  |  |  |  |  |
Less than 12 Months |  | $ | 3,581 |  |  | $ | — |  |  | $ | 30,521 |  |  | $ | — |  |  |  |  | $ | 34,102 |
12 Months or Longer |  | 12,454 |  |  | — |  |  | 25,018 |  |  | 200 |  |  |  |  | 37,672 |
Total |  | $ | 16,035 |  |  | $ | — |  |  | $ | 55,539 |  |  | $ | 200 |  |  |  |  | $ | 71,774 |
Available-For-Sale Securities
|  | U.S. Government & Agency Obligations |  | State and Municipal Obligations |  | Mortgage- Backed Securities |  | Corporate and Other Debt Securities |  |  |  | Total Available- For-Sale Securities
Disaggregated Details: |  |  |  |  |  |  |  |  |  |  |  |
US Treasury Obligations, at Amortized Cost |  | $ | — |  |  |  |  |  |  |  |  |  |  |
US Treasury Obligations, at Fair Value |  | — |  |  |  |  |  |  |  |  |  |  |
US Agency Obligations, at Amortized Cost |  | $ | 180,000 |  |  |  |  |  |  |  |  |  |  |
US Agency Obligations, at Fair Value |  | 163,965 |  |  |  |  |  |  |  |  |  |  |
US Government Agency Securities, at Amortized Cost |  |  |  |  |  | $ | 8,243 |  |  |  |  |  |  |
US Government Agency Securities, at Fair Value |  |  |  |  |  | 7,842 |  |  |  |  |  |  |
Government Sponsored Entity Securities, at Amortized Cost |  |  |  |  |  | 457,242 |  |  |  |  |  |  |
Government Sponsored Entity Securities, at Fair Value |  |  |  |  |  | 402,107 |  |  |  |  |  |  |
December 31, 2021 |  |  |  |  |  |  |  |  |  |  |  |
Available-For-Sale Securities, at Amortized Cost |  | $ | 110,000 |  |  | $ | 400 |  |  | $ | 448,742 |  |  | $ | 1,000 |  |  |  |  | $ | 560,142 |
Gross Unrealized Gains |  | 63 |  |  | — |  |  | 3,617 |  |  | — |  |  |  |  | 3,680 |
Gross Unrealized Losses |  | (1,698) |  |  | — |  |  | (2,608) |  |  | (200) |  |  |  |  | (4,506) |
Available-For-Sale Securities, at Fair Value |  | 108,365 |  |  | 400 |  |  | 449,751 |  |  | 800 |  |  |  |  | 559,316 |
Available-For-Sale Securities, Pledged as Collateral, at Fair Value |  |  |  |  |  |  |  |  |  |  |  | 298,106 |
Securities in a Continuous Loss Position, at Fair Value: |  |  |  |  |  |  |  |  |  |  |  |
Less than 12 Months |  | $ | 74,088 |  |  | $ | — |  |  | $ | 263,292 |  |  | $ | — |  |  |  |  | $ | 337,380 |
12 Months or Longer |  | 29,214 |  |  | — |  |  | — |  |  | 800 |  |  |  |  | 30,014 |
Total |  | $ | 103,302 |  |  | $ | — |  |  | $ | 263,292 |  |  | $ | 800 |  |  |  |  | $ | 367,394 |
Number of Securities in a Continuous Loss Position |  | 14 |  |  | — |  |  | 39 |  |  | 1 |  |  |  |  | 54 |
Unrealized Losses on Securities in a Continuous Loss Position: |  |  |  |  |  |  |  |  |  |  |  |
Less than 12 Months |  | $ | 912 |  |  | $ | — |  |  | $ | 2,608 |  |  | $ | — |  |  |  |  | $ | 3,520 |
12 Months or Longer |  | 786 |  |  | — |  |  | — |  |  | 200 |  |  |  |  | 986 |
Total |  | $ | 1,698 |  |  | $ | — |  |  | $ | 2,608 |  |  | $ | 200 |  |  |  |  | $ | 4,506 |
Disaggregated Details: |  |  |  |  |  |  |  |  |  |  |  |
US Agency Obligations, at Amortized Cost |  | $ | 110,000 |  |  |  |  |  |  |  |  |  |  |
US Agency Obligations, at Fair Value |  | 108,365 |  |  |  |  |  |  |  |  |  |  |
US Government Agency Securities, at Amortized Cost |  |  |  |  |  | $ | 9,386 |  |  |  |  |  |  |
US Government Agency Securities, at Fair Value |  |  |  |  |  | 9,371 |  |  |  |  |  |  |
Government Sponsored Entity Securities, at Amortized Cost |  |  |  |  |  | 439,356 |  |  |  |  |  |  |
Government Sponsored Entity Securities, at Fair Value |  |  |  |  |  | 440,380 |  |  |  |  |  |  |
Available-For-Sale Securities
|  | U.S. Government & Agency Obligations |  | State and Municipal Obligations |  | Mortgage- Backed Securities |  | Corporate and Other Debt Securities |  |  |  | Total Available- For-Sale Securities
September 30, 2021 |  |  |  |  |  |  |  |  |  |  |  |
Available-For-Sale Securities, at Amortized Cost |  | $ | 110,001 |  |  | $ | 400 |  |  | $ | 373,042 |  |  | $ | 1,000 |  |  |  |  | $ | 484,443 |
Gross Unrealized Gains |  | 96 |  |  | — |  |  | 5,225 |  |  | — |  |  |  |  | 5,321 |
Gross Unrealized Losses |  | (792) |  |  | — |  |  | (1,872) |  |  | (200) |  |  |  |  | (2,864) |
Available-For-Sale Securities, at Fair Value |  | 109,305 |  |  | 400 |  |  | 376,395 |  |  | 800 |  |  |  |  | 486,900 |
Available-For-Sale Securities, Pledged as Collateral, at Fair Value |  |  |  |  |  |  |  |  |  |  |  | 361,014 |
Securities in a Continuous Loss Position, at Fair Value: |  |  |  |  |  |  |  |  |  |  |  |
Less than 12 Months |  | $ | 74,695 |  |  | $ | — |  |  | $ | 190,532 |  |  | $ | — |  |  |  |  | $ | 265,227 |
12 Months or Longer |  | 29,513 |  |  | — |  |  | — |  |  | 800 |  |  |  |  | 30,313 |
Total |  | $ | 104,208 |  |  | $ | — |  |  | $ | 190,532 |  |  | $ | 800 |  |  |  |  | $ | 295,540 |
Number of Securities in a Continuous Loss Position |  | 14 |  |  | — |  |  | 27 |  |  | 1 |  |  |  |  | 42 |
Unrealized Losses on Securities in a Continuous Loss Position: |  |  |  |  |  |  |  |  |  |  |  |
Less than 12 Months |  | $ | 305 |  |  | $ | — |  |  | $ | 1,872 |  |  | $ | — |  |  |  |  | $ | 2,177 |
12 Months or Longer |  | 487 |  |  | — |  |  | — |  |  | 200 |  |  |  |  | 687 |
Total |  | $ | 792 |  |  | $ | — |  |  | $ | 1,872 |  |  | $ | 200 |  |  |  |  | $ | 2,864 |
Disaggregated Details: |  |  |  |  |  |  |  |  |  |  |  |
US Agency Obligations, at Amortized Cost |  | $ | 110,001 |  |  |  |  |  |  |  |  |  |  |
US Agency Obligations, at Fair Value |  | 109,305 |  |  |  |  |  |  |  |  |  |  |
US Government Agency Securities, at Amortized Cost |  |  |  |  |  | $ | 10,119 |  |  |  |  |  |  |
US Government Agency Securities, at Fair Value |  |  |  |  |  | 10,165 |  |  |  |  |  |  |
Government Sponsored Entity Securities, at Amortized Cost |  |  |  |  |  | 362,923 |  |  |  |  |  |  |
Government Sponsored Entity Securities, at Fair Value |  |  |  |  |  | 366,230 |  |  |  |  |  |  |
Held-To-Maturity Securities | The following table is the schedule of Held-To-Maturity Securities at September 30, 2022, December 31, 2021 and September 30, 2021:
Held-To-Maturity Securities
|  | State and Municipal Obligations |  | Mortgage- Backed Securities |  |  |  | Total Held-To Maturity Securities
September 30, 2022 |  |  |  |  |  |  |  |
Held-To-Maturity Securities, at Amortized Cost |  | $ | 169,619 |  |  | $ | 12,559 |  |  |  |  | $ | 182,178 |
Gross Unrealized Gains |  | 1 |  |  | — |  |  |  |  | 1 |
Gross Unrealized Losses |  | (5,771) |  |  | (608) |  |  |  |  | (6,379) |
Held-To-Maturity Securities, at Fair Value |  | 163,849 |  |  | 11,951 |  |  |  |  | 175,800 |
Held-To-Maturity Securities, Pledged as Collateral, at Fair Value |  |  |  |  |  |  |  | 153,364 |
Held-To-Maturity Securities
|  | State and Municipal Obligations |  | Mortgage- Backed Securities |  |  |  | Total Held-To Maturity Securities
Maturities of Debt Securities, at Amortized Cost: |  |  |  |  |  |  |  |
Within One Year |  | $ | 50,423 |  |  | $ | — |  |  |  |  | $ | 50,423 |
From 1 - 5 Years |  | 115,113 |  |  | 12,559 |  |  |  |  | 127,672 |
From 5 - 10 Years |  | 4,044 |  |  | — |  |  |  |  | 4,044 |
Over 10 Years |  | 39 |  |  | — |  |  |  |  | 39 |
Maturities of Debt Securities, at Fair Value: |  |  |  |  |  |  |  |
Within One Year |  | $ | 50,058 |  |  | $ | — |  |  |  |  | $ | 50,058 |
From 1 - 5 Years |  | 109,945 |  |  | 11,951 |  |  |  |  | 121,896 |
From 5 - 10 Years |  | 3,807 |  |  | — |  |  |  |  | 3,807 |
Over 10 Years |  | 39 |  |  | — |  |  |  |  | 39 |
Securities in a Continuous Loss Position, at Fair Value: |  |  |  |  |  |  |  |
Less than 12 Months |  | $ | 141,132 |  |  | $ | 11,951 |  |  |  |  | $ | 153,083 |
12 Months or Longer |  | — |  |  | — |  |  |  |  | — |
Total |  | $ | 141,132 |  |  | $ | 11,951 |  |  |  |  | $ | 153,083 |
Number of Securities in a Continuous Loss Position |  | 419 |  |  | 16 |  |  |  |  | 435 |
Unrealized Losses on Securities in a Continuous Loss Position: |  |  |  |  |  |  |  |
Less than 12 Months |  | $ | 5,771 |  |  | $ | 608 |  |  |  |  | $ | 6,379 |
12 Months or Longer |  | — |  |  | — |  |  |  |  | — |
Total |  | $ | 5,771 |  |  | $ | 608 |  |  |  |  | $ | 6,379 |
Disaggregated Details: |  |  |  |  |  |  |  |
US Government Agency Securities, at Amortized Cost |  |  |  | $ | 4,115 |  |  |  |  |
US Government Agency Securities, at Fair Value |  |  |  | 3,924 |  |  |  |  |
Government Sponsored Entity Securities, at Amortized Cost |  |  |  | 8,444 |  |  |  |  |
Government Sponsored Entity Securities, at Fair Value |  |  |  | 8,027 |  |  |  |  |
Held-To-Maturity Securities
|  | State and Municipal Obligations |  | Mortgage- Backed Securities |  |  |  | Total Held-To Maturity Securities
December 31, 2021 |  |  |  |  |  |  |  |
Held-To-Maturity Securities, at Amortized Cost |  | $ | 180,195 |  |  | $ | 16,371 |  |  |  |  | $ | 196,566 |
Gross Unrealized Gains |  | 4,179 |  |  | 547 |  |  |  |  | 4,726 |
Gross Unrealized Losses |  | — |  |  | — |  |  |  |  | — |
Held-To-Maturity Securities, at Fair Value |  | 184,374 |  |  | 16,918 |  |  |  |  | 201,292 |
Held-To-Maturity Securities, Pledged as Collateral, at Fair Value |  |  |  |  |  |  |  | 175,218 |
Securities in a Continuous Loss Position, at Fair Value: |  |  |  |  |  |  |  |
Less than 12 Months |  | $ | — |  |  | $ | — |  |  |  |  | $ | — |
12 Months or Longer |  | — |  |  | — |  |  |  |  | — |
Total |  | $ | — |  |  | $ | — |  |  |  |  | $ | — |
Number of Securities in a Continuous Loss Position |  | — |  |  | — |  |  |  |  | — |
Unrealized Losses on Securities in a Continuous Loss Position: |  |  |  |  |  |  |  |
Less than 12 Months |  | $ | — |  |  | $ | — |  |  |  |  | $ | — |
12 Months or Longer |  | — |  |  | — |  |  |  |  | — |
Total |  | $ | — |  |  | $ | — |  |  |  |  | $ | — |
Disaggregated Details: |  |  |  |  |  |  |  |
US Government Agency Securities, at Amortized Cost |  |  |  | $ | 5,518 |  |  |  |  |
US Government Agency Securities, at Fair Value |  |  |  | 5,647 |  |  |  |  |
Government Sponsored Entity Securities, at Amortized Cost |  |  |  | 10,853 |  |  |  |  |
Government Sponsored Entity Securities, at Fair Value |  |  |  | 11,271 |  |  |  |  |
Held-To-Maturity Securities
|  | State and Municipal Obligations |  | Mortgage- Backed Securities |  |  |  | Total Held-To Maturity Securities
September 30, 2021 |  |  |  |  |  |  |  |
Held-To-Maturity Securities, at Amortized Cost |  | $ | 179,952 |  |  | $ | 18,385 |  |  |  |  | $ | 198,337 |
Gross Unrealized Gains |  | 4,834 |  |  | 765 |  |  |  |  | 5,599 |
Gross Unrealized Losses |  | — |  |  | — |  |  |  |  | — |
Held-To-Maturity Securities, at Fair Value |  | 184,786 |  |  | 19,150 |  |  |  |  | 203,936 |
Held-To-Maturity Securities, Pledged as Collateral, at Fair Value |  |  |  |  |  |  |  | 192,929 |
Securities in a Continuous Loss Position, at Fair Value: |  |  |  |  |  |  |  |
Less than 12 Months |  | $ | — |  |  | $ | — |  |  |  |  | $ | — |
12 Months or Longer |  | — |  |  | — |  |  |  |  | — |
Total |  | $ | — |  |  | $ | — |  |  |  |  | $ | — |
Number of Securities in a Continuous Loss Position |  | — |  |  | — |  |  |  |  | — |
Unrealized Losses on Securities in a Continuous Loss Position: |  |  |  |  |  |  |  |
Less than 12 Months |  | $ | — |  |  | $ | — |  |  |  |  | $ | — |
12 Months or Longer |  | — |  |  | — |  |  |  |  | — |
Total |  | $ | — |  |  | $ | — |  |  |  |  | $ | — |
September 30, 2021 |  |  |  |  |  |  |  |
Disaggregated Details: |  |  |  |  |  |  |  |
US Government Agency Securities, at Amortized Cost |  |  |  | $ | 6,302 |  |  |  |  |
US Government Agency Securities, at Fair Value |  |  |  | 6,506 |  |  |  |  |
Government Sponsored Entity Securities, at Amortized Cost |  |  |  | 12,083 |  |  |  |  |
Government Sponsored Entity Securities, at Fair Value |  |  |  | 12,644 |  |  |  |  |
Debt Securities, Trading, and Equity Securities, FV-NI | The following table is the schedule of Equity Securities at September 30, 2022, December 31, 2021 and September 30, 2021:
Equity Securities
|  | September 30, 2022 | December 31, 2021 | September 30, 2021
Equity Securities, at Fair Value |  | $2,126 | $1,747 | $1,886
Unrealized Gain (Loss) on Investments | The following is a summary of realized and unrealized gains recognized in net income on equity securities during the three and nine month periods ended September 30, 2022 and 2021:
| For the Three Months Ended September 30, |  | For the Nine Months Ended September 30,
| 2022 |  |  |  | 2021 |  | 2022 |  | 2021 |  |
Net Gain on Equity Securities | $ | 95 |  |  |  |  | $ | (106) |  |  | $ | 379 |  |  | $ | 250 |  |  |
Less: Net gain recognized during the reporting period on equity securities sold during the period | — |  |  |  |  | — |  |  | — |  |  | — |  |  |
Unrealized net gain recognized during the reporting period on equity securities still held at the reporting date | $ | 95 |  |  |  |  | $ | (106) |  |  | $ | 379 |  |  | $ | 250 |  |  |

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