XML 61 R52.htm IDEA: XBRL DOCUMENT v3.23.3
Fair Value Measurements - Carrying Value and Fair Value of Financial Instruments (Details) - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Total investment securities available for sale $ 1,147,547  
Financial Assets:    
Investment securities held to maturity 636,257 $ 673,434
Level 1    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Total investment securities available for sale 5,137 25,178
Level 2    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Total investment securities available for sale 1,142,410 1,306,265
Level 3    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Total investment securities available for sale 0 0
Carrying Value    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Total investment securities available for sale 1,147,547 1,331,443
Financial Assets:    
Cash and cash equivalents 220,503 103,590
Investment securities held to maturity 746,845 766,396
Loans held for sale 263  
Loans receivable, net 4,219,911 4,007,872
Accrued interest receivable 18,794 18,547
Equity security 256 185
Financial Liabilities:    
Borrowings 450,000  
Securities sold under agreement to repurchase 23,158 46,597
Junior subordinated debentures 21,692 21,473
Accrued interest payable 8,922 143
Carrying Value | Interest Rate Derivative Contracts    
Financial Assets:    
Derivative assets - interest rate swaps 33,840 30,107
Financial Liabilities:    
Derivative liabilities - interest rate swaps 33,840 30,107
Carrying Value | Non-maturity deposits    
Financial Liabilities:    
Non-maturity deposits 5,006,581 5,617,267
Carrying Value | Certificates of deposit    
Financial Liabilities:    
Non-maturity deposits 628,606 307,573
Fair Value    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Total investment securities available for sale 1,147,547 1,331,443
Financial Assets:    
Cash and cash equivalents 220,503 103,590
Investment securities held to maturity 636,257 673,434
Loans held for sale 268  
Loans receivable, net 4,072,296 3,841,821
Accrued interest receivable 18,794 18,547
Equity security 256 185
Financial Liabilities:    
Borrowings 447,952  
Securities sold under agreement to repurchase 23,158 46,597
Junior subordinated debentures 19,750 20,000
Accrued interest payable 8,922 143
Fair Value | Interest Rate Derivative Contracts    
Financial Assets:    
Derivative assets - interest rate swaps 33,840 30,107
Financial Liabilities:    
Derivative liabilities - interest rate swaps 33,840 30,107
Fair Value | Non-maturity deposits    
Financial Liabilities:    
Non-maturity deposits 5,006,581 5,617,267
Fair Value | Certificates of deposit    
Financial Liabilities:    
Non-maturity deposits 637,048 308,325
Fair Value | Level 1    
Financial Assets:    
Cash and cash equivalents 220,503 103,590
Investment securities held to maturity 0 0
Loans held for sale 0  
Loans receivable, net 0 0
Accrued interest receivable 271 349
Equity security 256 185
Financial Liabilities:    
Borrowings 0  
Securities sold under agreement to repurchase 23,158 46,597
Junior subordinated debentures 0 0
Accrued interest payable 65 57
Fair Value | Level 1 | Interest Rate Derivative Contracts    
Financial Assets:    
Derivative assets - interest rate swaps 0 0
Financial Liabilities:    
Derivative liabilities - interest rate swaps 0 0
Fair Value | Level 1 | Non-maturity deposits    
Financial Liabilities:    
Non-maturity deposits 5,006,581 5,617,267
Fair Value | Level 1 | Certificates of deposit    
Financial Liabilities:    
Non-maturity deposits 0 0
Fair Value | Level 2    
Financial Assets:    
Cash and cash equivalents 0 0
Investment securities held to maturity 636,257 673,434
Loans held for sale 268  
Loans receivable, net 0 0
Accrued interest receivable 6,001 6,892
Equity security 0 0
Financial Liabilities:    
Borrowings 447,952  
Securities sold under agreement to repurchase 0 0
Junior subordinated debentures 0 0
Accrued interest payable 8,782 13
Fair Value | Level 2 | Interest Rate Derivative Contracts    
Financial Assets:    
Derivative assets - interest rate swaps 33,840 30,107
Financial Liabilities:    
Derivative liabilities - interest rate swaps 33,840 30,107
Fair Value | Level 2 | Non-maturity deposits    
Financial Liabilities:    
Non-maturity deposits 0 0
Fair Value | Level 2 | Certificates of deposit    
Financial Liabilities:    
Non-maturity deposits 637,048 308,325
Fair Value | Level 3    
Financial Assets:    
Cash and cash equivalents 0 0
Investment securities held to maturity 0 0
Loans held for sale 0  
Loans receivable, net 4,072,296 3,841,821
Accrued interest receivable 12,522 11,306
Equity security 0 0
Financial Liabilities:    
Borrowings 0  
Securities sold under agreement to repurchase 0 0
Junior subordinated debentures 19,750 20,000
Accrued interest payable 75 73
Fair Value | Level 3 | Interest Rate Derivative Contracts    
Financial Assets:    
Derivative assets - interest rate swaps 0 0
Financial Liabilities:    
Derivative liabilities - interest rate swaps 0 0
Fair Value | Level 3 | Non-maturity deposits    
Financial Liabilities:    
Non-maturity deposits 0 0
Fair Value | Level 3 | Certificates of deposit    
Financial Liabilities:    
Non-maturity deposits $ 0 $ 0