XML 143 R122.htm IDEA: XBRL DOCUMENT v3.24.0.1
Fair Value of Financial Instruments (Summary of Carrying Amounts and Estimated Fair Values of Financial Instruments) (Details) - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Assets    
Investment securities - AFS $ 110,521 $ 83,587
Investment securities - HTM, net 457,830 494,627
Restricted securities 17,900 11,169
Loans held for sale, at fair value 8,782 4,248
Loans, at fair value 9,944 8,437
MSRs 5,926 5,275
Level 1    
Assets    
Cash and cash equivalents 372,413 55,499
Investment securities - AFS 0 0
Investment securities - HTM, net 0 0
Equity securities 0 0
Restricted securities 0 0
Loans held for sale, at fair value 0 0
Cash surrender value on life insurance 0 0
Loans, at fair value 0 0
Loans, net 0 0
MSRs 0 0
Deposits:    
Noninterest-bearing demand 0 0
Checking plus interest 0 0
Money Market 0 0
Savings 0 0
Certificates of Deposit 0 0
Advances from FHLB - short term   0
Subordinated debt 0 0
TRUPS 0  
Level 1 | TBA forward trades    
Assets    
Derivative asset 0 0
Deposits:    
Derivative liability 0 0
Level 1 | IRLCs    
Assets    
Derivative asset 0 0
Deposits:    
Derivative liability   0
Level 2    
Assets    
Cash and cash equivalents 0 0
Investment securities - AFS 110,521 83,587
Investment securities - HTM, net 457,830 494,626
Equity securities 5,703 1,233
Restricted securities 17,900 11,169
Loans held for sale, at fair value 8,782 4,248
Cash surrender value on life insurance 101,704 59,218
Loans, at fair value 9,944 8,437
Loans, net 0 0
MSRs 0 0
Deposits:    
Noninterest-bearing demand 1,258,037 862,015
Checking plus interest 1,165,546 694,101
Money Market 1,430,603 709,132
Savings 347,324 320,188
Certificates of Deposit 1,184,447 410,455
Advances from FHLB - short term   40,002
Subordinated debt 42,579 41,193
TRUPS 28,266  
Level 2 | TBA forward trades    
Assets    
Derivative asset 2 41
Deposits:    
Derivative liability 176 6
Level 2 | IRLCs    
Assets    
Derivative asset 0 0
Deposits:    
Derivative liability   0
Level 3    
Assets    
Cash and cash equivalents 0 0
Investment securities - AFS 0 0
Investment securities - HTM, net 0 0
Equity securities 0 0
Restricted securities 0 0
Loans held for sale, at fair value 0 0
Cash surrender value on life insurance 0 0
Loans, at fair value 0 0
Loans, net 4,477,468 2,431,808
MSRs 5,926 5,275
Deposits:    
Noninterest-bearing demand 0 0
Checking plus interest 0 0
Money Market 0 0
Savings 0 0
Certificates of Deposit 0 0
Advances from FHLB - short term   0
Subordinated debt 0 0
TRUPS 0  
Level 3 | TBA forward trades    
Assets    
Derivative asset 0 0
Deposits:    
Derivative liability 0 0
Level 3 | IRLCs    
Assets    
Derivative asset 110 35
Deposits:    
Derivative liability   7
Carrying Amount    
Assets    
Cash and cash equivalents 372,413 55,499
Investment securities - AFS 110,521 83,587
Investment securities - HTM, net 513,188 559,455
Equity securities 5,703 1,233
Restricted securities 17,900 11,169
Loans held for sale, at fair value 8,782 4,248
Cash surrender value on life insurance 101,704 59,218
Loans, at fair value 9,944 8,437
Loans, net 4,573,715 2,531,027
MSRs 5,926 5,275
Deposits:    
Noninterest-bearing demand 1,258,037 862,015
Checking plus interest 1,165,546 694,101
Money Market 1,430,603 709,132
Savings 347,324 320,188
Certificates of Deposit 1,184,610 424,348
Advances from FHLB - short term   40,000
Subordinated debt 43,139 43,072
TRUPS 29,158  
Carrying Amount | TBA forward trades    
Assets    
Derivative asset 2 41
Deposits:    
Derivative liability 176 6
Carrying Amount | IRLCs    
Assets    
Derivative asset 110 35
Deposits:    
Derivative liability   7
Fair Value    
Assets    
Cash and cash equivalents 372,413 55,499
Investment securities - AFS 110,521 83,587
Investment securities - HTM, net 457,830 494,626
Equity securities 5,703 1,233
Restricted securities 17,900 11,169
Loans held for sale, at fair value 8,782 4,248
Cash surrender value on life insurance 101,704 59,218
Loans, at fair value 9,944 8,437
Loans, net 4,477,468 2,431,808
MSRs 5,926 5,275
Deposits:    
Noninterest-bearing demand 1,258,037 862,015
Checking plus interest 1,165,546 694,101
Money Market 1,430,603 709,132
Savings 347,324 320,188
Certificates of Deposit 1,184,447 410,455
Advances from FHLB - short term   40,002
Subordinated debt 42,579 41,193
TRUPS 28,266  
Fair Value | TBA forward trades    
Assets    
Derivative asset 2 41
Deposits:    
Derivative liability 176 6
Fair Value | IRLCs    
Assets    
Derivative asset $ 110 35
Deposits:    
Derivative liability   $ 7