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Fair Value of Financial Instruments (Tables)
 6 Months Ended
Jun. 30, 2022
Fair Value Disclosures [Abstract]  
Schedule of Carrying Amounts and Fair Values of Financial Instruments
A summary of the carrying amounts and fair values of the Company’s financial instruments at June 30, 2022 and December 31, 2021 is as follows:
June 30, 2022
Fair Value Measurements
June 30, 2022Quoted Prices in Active Markets for Identical AssetsOther Observable InputsNet Significant Unobservable Inputs
(in thousands)Carrying amountFair value(Level 1)(Level 2)(Level 3)
Assets:
Cash and due from banks$20,018 $20,018 $20,018 $— $— 
Federal funds sold and overnight interest-bearing deposits8,2048,2048,204——
Certificates of deposit in other banks4,2014,2014,201——
Available-for-sale securities267,274267,2743,775263,499—
Other investment securities5,1095,109475,062—
Loans, net1,412,4751,401,198——1,401,198
Loans held for sale1,7161,716—1,716—
Cash surrender value - life insurance2,5382,538—2,538—
Interest rate lock commitments9999——99
Forward sale commitments1515—15—
Accrued interest receivable6,4466,4466,446——
Total$1,728,095 $1,716,818 $42,691 $272,830 $1,401,297 
Liabilities:
Deposits:
Non-interest bearing demand$471,762 $471,762 $471,762 $— $— 
Savings, interest checking and money market796,054796,054796,054——
Time deposits262,992260,286——260,286
Federal funds purchased and securities sold under agreements to repurchase6,9356,9356,935——
Federal Home Loan Bank advances and other borrowings68,00068,000—68,000—
Subordinated notes49,48641,176—41,176—
Interest rate lock commitments44——4
Accrued interest payable359359359——
Total$1,655,592 $1,644,576 $1,275,110 $109,176 $260,290 
December 31, 2021
Fair Value Measurements
December 31, 2021Quoted Prices in Active Markets for Identical AssetsOther Observable InputsNet Significant Unobservable Inputs
(in thousands)Carrying amountFair value (Level 1)(Level 2)(Level 3)
Assets:
Cash and due from banks$17,287 $17,287 $17,287 $— $— 
Federal funds sold and overnight interest-bearing deposits142,622 142,622 142,622 — — 
Certificates of deposit in other banks5,193 5,193 5,193 — — 
Available-for-sale securities310,870 310,870 3,917 306,953 — 
Other investment securities5,408 5,408 60 5,348 — 
Loans, net1,285,230 1,308,539 — — 1,308,539 
Loans held for sale2,249 2,249 — 2,249 — 
Cash surrender value - life insurance2,509 2,509 — 2,509 — 
Interest rate lock commitments312 312 — — 312 
Forward sale commitments12 12 — 12 — 
Accrued interest receivable6,621 6,621 6,621 — — 
Total$1,778,313 $1,801,622 $175,700 $317,071 $1,308,851 
Liabilities:
Deposits:
Non-interest bearing demand$453,066 $453,066 $453,066 $— $— 
Savings, interest checking and money market818,358 818,358 818,358 — — 
Time deposits245,396 246,025 — — 246,025 
Federal funds purchased and securities sold under agreements to repurchase23,829 23,829 23,829 — — 
Federal Home Loan Bank advances and other borrowings77,418 78,152 — 78,152 — 
Subordinated notes49,486 42,908 — 42,908 — 
Interest rate lock commitments26 26 — — 26 
Accrued interest payable282 282 282 — — 
Total$1,667,861 $1,662,646 $1,295,535 $121,060 $246,051