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Note 10 - Fair Values of Financial Instruments (Tables)
9 Months Ended
Sep. 30, 2022
Notes Tables  
Fair Value, by Balance Sheet Grouping [Table Text Block]
 

Level in

 

September 30, 2022

  

December 31, 2021

 
 

Fair

Value

 

Carrying

  

Fair

  

Carrying

  

Fair

 
 

Hierarchy

 

Values

  

Values

  

Values

  

Values

 

Financial assets:

                 

Cash

Level 1

 $17,016  $17,016  $17,872  $17,872 

Cash equivalents

Level 1

  266,998   266,998   957,288   957,288 

Securities available for sale

(1)

  582,999   582,999   592,743   592,743 

FHLBI stock

(2)

  17,721   17,721   18,002   18,002 

Loans, net

Level 3

  3,841,838   3,803,053   3,418,096   3,498,345 

Mortgage loans held for sale

Level 2

  14,411   14,709   16,117   16,707 

Mortgage servicing rights

Level 2

  12,088   17,014   12,248   15,445 

Accrued interest receivable

Level 2

  13,988   12,988   9,311   9,311 

Interest rate swaps

Level 2

  28,445   28,445   4,609   4,609 
                  

Financial liabilities:

                 

Deposits

Level 2

  3,846,085   3,434,643   4,083,193   4,028,249 

Repurchase agreements

Level 2

  198,605   198,605   197,463   197,463 

FHLBI advances

Level 2

  338,263   318,419   374,000   384,927 

Subordinated debentures

Level 2

  48,787   49,854   48,244   48,284 

Subordinated notes

Level 2

  88,542   78,828   73,646   73,646 

Accrued interest payable

Level 2

  1,995   1,995   1,393   1,393 

Interest rate swaps

Level 2

  28,544   28,544   4,857   4,857