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v3.22.2.2

Fair Value of Financial Instruments - Carrying Values and Estimated Fair Values (Details) - USD ($) $ in Thousands | Sep. 30, 2022 | Dec. 31, 2021
--- | --- | ---
Financial Assets: |  |
Cash and cash equivalents | $ 79,946 | $ 307,437
Certificates of deposit with banks | 0 | 2,719
Investment securities available-for-sale | 366,742 | 421,466
Equity securities | 34,101 | 32,402
Bank-owned life insurance | 42,992 | 42,257
Financial Liabilities: |  |
FHLB and other borrowings | 73,328 | 0
Carrying Value |  |
Financial Assets: |  |
Cash and cash equivalents | 79,946 | 307,437
Certificates of deposit with banks | 0 | 2,719
Investment securities available-for-sale | 366,742 | 421,466
Equity securities | 34,101 | 32,402
Loans held-for-sale | 19,977 | 0
Loans receivable, net | 2,444,880 | 1,851,572
Servicing rights | 1,401 | 2,812
Accrued interest receivable | 10,197 | 7,860
Bank-owned life insurance | 42,992 | 42,257
Financial Liabilities: |  |
Deposits | 2,696,958 | 2,377,605
Repurchase agreements | 9,910 | 11,385
FHLB and other borrowings | 73,328 |
Accrued interest payable | 1,235 | 690
Subordinated debt | 73,222 | 73,030
Estimated Fair Value |  |
Financial Assets: |  |
Cash and cash equivalents | 79,946 | 307,437
Certificates of deposit with banks | 0 | 2,738
Investment securities available-for-sale | 366,742 | 421,466
Equity securities | 34,101 | 32,402
Loans held-for-sale | 21,201 | 0
Loans receivable, net | 2,402,514 | 1,865,013
Servicing rights | 1,450 | 2,831
Accrued interest receivable | 10,197 | 7,860
Bank-owned life insurance | 42,992 | 42,257
Financial Liabilities: |  |
Deposits | 2,377,908 | 2,338,868
Repurchase agreements | 9,910 | 11,385
FHLB and other borrowings | 72,976 |
Accrued interest payable | 1,235 | 690
Subordinated debt | 63,576 | 74,774
Interest rate swap | Carrying Value |  |
Financial Assets: |  |
Derivative asset | 8,908 | 6,702
Financial Liabilities: |  |
Derivative liability | 8,908 | 6,702
Interest rate swap | Estimated Fair Value |  |
Financial Assets: |  |
Derivative asset | 8,908 | 6,702
Financial Liabilities: |  |
Derivative liability | 8,908 | 6,702
Fair value hedge | Carrying Value |  |
Financial Assets: |  |
Derivative asset |  | 1,552
Financial Liabilities: |  |
Derivative liability | 738 | 807
Fair value hedge | Estimated Fair Value |  |
Financial Assets: |  |
Derivative asset |  | 1,552
Financial Liabilities: |  |
Derivative liability | 738 | 807
Quoted Prices in Active Markets for Identical Assets (Level I) | Estimated Fair Value |  |
Financial Assets: |  |
Cash and cash equivalents | 79,946 | 307,437
Certificates of deposit with banks | 0 | 0
Investment securities available-for-sale | 0 | 0
Equity securities | 4,466 | 247
Loans held-for-sale |  | 0
Loans receivable, net | 0 | 0
Servicing rights | 0 | 0
Accrued interest receivable | 0 | 0
Bank-owned life insurance |  | 0
Financial Liabilities: |  |
Deposits | 0 | 0
Repurchase agreements | 0 | 0
FHLB and other borrowings | 0 |
Accrued interest payable | 0 | 0
Subordinated debt | 0 | 0
Quoted Prices in Active Markets for Identical Assets (Level I) | Interest rate swap | Estimated Fair Value |  |
Financial Assets: |  |
Derivative asset | 0 | 0
Financial Liabilities: |  |
Derivative liability | 0 | 0
Quoted Prices in Active Markets for Identical Assets (Level I) | Fair value hedge | Estimated Fair Value |  |
Financial Assets: |  |
Derivative asset |  | 0
Financial Liabilities: |  |
Derivative liability | 0 | 0
Significant Other Observable Inputs (Level II) | Estimated Fair Value |  |
Financial Assets: |  |
Cash and cash equivalents | 0 | 0
Certificates of deposit with banks | 0 | 2,738
Investment securities available-for-sale | 331,613 | 379,703
Equity securities | 0 | 0
Loans held-for-sale |  | 0
Loans receivable, net | 0 | 0
Servicing rights | 0 | 0
Accrued interest receivable | 2,389 | 2,402
Bank-owned life insurance |  | 42,257
Financial Liabilities: |  |
Deposits | 2,377,908 | 2,338,868
Repurchase agreements | 9,910 | 11,385
FHLB and other borrowings | 72,976 |
Accrued interest payable | 1,235 | 690
Subordinated debt | 63,576 | 74,774
Significant Other Observable Inputs (Level II) | Interest rate swap | Estimated Fair Value |  |
Financial Assets: |  |
Derivative asset | 8,908 | 6,702
Financial Liabilities: |  |
Derivative liability | 8,908 | 6,702
Significant Other Observable Inputs (Level II) | Fair value hedge | Estimated Fair Value |  |
Financial Assets: |  |
Derivative asset |  | 1,552
Financial Liabilities: |  |
Derivative liability | 738 | 807
Significant Unobservable Inputs (Level III) | Estimated Fair Value |  |
Financial Assets: |  |
Cash and cash equivalents | 0 | 0
Certificates of deposit with banks | 0 | 0
Investment securities available-for-sale | 35,129 | 41,763
Equity securities | 29,635 | 32,155
Loans held-for-sale |  | 0
Loans receivable, net | 2,402,514 | 1,865,013
Servicing rights | 1,450 | 2,831
Accrued interest receivable | 7,808 | 5,458
Bank-owned life insurance |  | 0
Financial Liabilities: |  |
Deposits | 0 | 0
Repurchase agreements | 0 | 0
FHLB and other borrowings | 0 |
Accrued interest payable | 0 | 0
Subordinated debt | 0 | 0
Significant Unobservable Inputs (Level III) | Interest rate swap | Estimated Fair Value |  |
Financial Assets: |  |
Derivative asset | 0 | 0
Financial Liabilities: |  |
Derivative liability | 0 | 0
Significant Unobservable Inputs (Level III) | Fair value hedge | Estimated Fair Value |  |
Financial Assets: |  |
Derivative asset |  |
Financial Liabilities: |  |
Derivative liability | $ 0 | $ 0

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- Definition The aggregate carrying amount of all Federal Home Loan Bank loans and aggregate of other miscellaneous borrowings owed by the reporting entity. + References No definition available. + Details
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- Definition The carrying amount of a life insurance policy on an officer, executive or employee for which the reporting entity (a bank) is entitled to proceeds from the policy upon death of the insured or surrender of the insurance policy. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(10)) -URI https://asc.fasb.org/extlink&oid=126897435&loc=d3e534808-122878 + Details
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- Definition Amount 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. Excludes cash and cash equivalents within disposal group and discontinued operation. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 4 -URI https://asc.fasb.org/extlink&oid=126954810&loc=d3e3044-108585 Reference 2: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section 45 -Paragraph 1 -Subparagraph (a) -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 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(1)) -URI https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
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- Definition A savings certificate entitling the Entity (that is, bearer) to receive interest at an established maturity date, based upon a fixed interest rate. A certificate of deposit may be issued in any denomination. Certificates of deposit are generally issued by commercial banks and, therefore, insured by the FDIC (up to the prescribed limit). Certificates of deposit generally restrict holders from withdrawing funds on demand without the incurrence of penalties. Generally, only certificates of deposit with original maturities of three months or less qualify as cash equivalents. Original maturity means original maturity to the entity holding the investment. As a related example, both a three-month US Treasury bill and a three-year Treasury note purchased three months from maturity qualify as cash equivalents. However, a Treasury note purchased three-years ago does not become a cash equivalent when its remaining maturity is three months. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(1)) -URI https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + 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 Amount of accrued but unpaid interest on deposit liabilities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03.15(5)) -URI https://asc.fasb.org/extlink&oid=126897435&loc=d3e534808-122878 + 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 Fair value, after the effects of master netting arrangements, of a financial asset or other contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset. Includes assets not subject to a master netting arrangement and not elected to be offset. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 55 -Paragraph 10 -URI https://asc.fasb.org/extlink&oid=99393222&loc=SL20226008-175313 Reference 2: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 55 -Paragraph 22 -URI https://asc.fasb.org/extlink&oid=99393222&loc=SL20226052-175313 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 10 -URI https://asc.fasb.org/extlink&oid=123594938&loc=d3e13433-108611 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 50 -Paragraph 3 -Subparagraph (c) -URI https://asc.fasb.org/extlink&oid=51824906&loc=SL20225862-175312 + Details
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- Definition Fair value, after the effects of master netting arrangements, of a financial liability or contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset. Includes liabilities not subject to a master netting arrangement and not elected to be offset. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 50 -Paragraph 3 -Subparagraph (c) -URI https://asc.fasb.org/extlink&oid=51824906&loc=SL20225862-175312 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 55 -Paragraph 10 -URI https://asc.fasb.org/extlink&oid=99393222&loc=SL20226008-175313 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 10 -URI https://asc.fasb.org/extlink&oid=123594938&loc=d3e13433-108611 Reference 4: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 55 -Paragraph 22 -URI https://asc.fasb.org/extlink&oid=99393222&loc=SL20226052-175313 + 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 subordinated debt obligations including, but not limited to, subordinated loan, subordinated bond, subordinated debenture or junior debt. + 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 (b) -URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258 Reference 2: 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 Carrying amount as of the balance sheet date of interest earned but not received. Also called accrued interest or accrued interest receivable. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(3)(a)(4)) -URI https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
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- Definition Fair value portion of loan receivable, including, but not limited to, mortgage loans held for investment, finance receivables held for investment, policy loans on insurance contracts. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -URI https://asc.fasb.org/subtopic&trid=2196772 + Details
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