XML 134 R120.htm IDEA: XBRL DOCUMENT v3.22.0.1
Fair Value of Assets and Liabilities - Carrying Value and Estimated Fair Value of Financial Instruments (Details) - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Assets:    
Securities available for sale $ 373,073 $ 286,389
Bank-owned life insurance 20,597 20,205
Carrying Value    
Assets:    
Cash and short-term investments 269,487 94,342
Securities available for sale 373,073 286,389
Loans, net 1,369,903 1,313,250
Loans held for sale 82,295 214,266
Bank-owned life insurance 20,597 20,205
Accrued interest receivable 6,810 8,103
Financial liabilities:    
Demand and savings deposits 1,488,893 1,282,590
Time deposits 425,721 469,583
Borrowings 84,115 69,864
Accrued interest payable 715 1,109
Total Fair Value    
Assets:    
Cash and short-term investments 268,980 94,379
Securities available for sale 373,073 286,389
Loans, net 1,379,564 1,308,569
Loans held for sale 82,295 214,266
Bank-owned life insurance 20,597 20,205
Accrued interest receivable 6,810 8,103
Financial liabilities:    
Demand and savings deposits 1,488,893 1,282,590
Time deposits 428,462 474,154
Borrowings 89,609 71,119
Accrued interest payable 715 1,109
Total Fair Value | Level 1    
Assets:    
Cash and short-term investments 267,745 86,669
Accrued interest receivable 6,810 8,103
Financial liabilities:    
Demand and savings deposits 1,488,893 1,282,590
Accrued interest payable 715 1,109
Total Fair Value | Level 2    
Assets:    
Cash and short-term investments 1,235 7,710
Securities available for sale 373,073 286,389
Loans held for sale 82,295 214,266
Bank-owned life insurance 20,597 20,205
Financial liabilities:    
Time deposits 428,462 474,154
Borrowings 89,609 71,119
Total Fair Value | Level 3    
Assets:    
Loans, net 1,379,564 1,308,569
IRLC | Carrying Value    
Assets:    
Derivatives 1,523 4,582
IRLC | Total Fair Value    
Assets:    
Derivatives 1,523 4,582
IRLC | Total Fair Value | Level 2    
Assets:    
Derivatives 1,523 4,582
Interest rate swaps on loans | Carrying Value    
Assets:    
Derivatives 3,467 8,185
Financial liabilities:    
Derivatives 3,467 8,185
Interest rate swaps on loans | Total Fair Value    
Assets:    
Derivatives 3,467 8,185
Financial liabilities:    
Derivatives 3,467 8,185
Interest rate swaps on loans | Total Fair Value | Level 2    
Assets:    
Derivatives 3,467 8,185
Financial liabilities:    
Derivatives 3,467 8,185
Forward sales of TBA securities | Carrying Value    
Financial liabilities:    
Derivatives 3 47
Forward sales of TBA securities | Total Fair Value    
Financial liabilities:    
Derivatives 3 47
Forward sales of TBA securities | Total Fair Value | Level 2    
Financial liabilities:    
Derivatives 3 47
Cash flow hedges | Carrying Value    
Financial liabilities:    
Derivatives 665 1,882
Cash flow hedges | Total Fair Value    
Financial liabilities:    
Derivatives 665 1,882
Cash flow hedges | Total Fair Value | Level 2    
Financial liabilities:    
Derivatives 665 1,882
Cash flow hedges | Interest rate swaps on loans    
Financial liabilities:    
Derivatives $ 665 $ 1,882