XML 151 R126.htm IDEA: XBRL DOCUMENT v3.22.4
Fair Value Measurements - Estimated fair value of company's financial instruments (Details) - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Assets    
Federal funds sold $ 33,927 $ 20,391
Interest bearing deposits with other banks 265,272 1,680,945
Investment securities held-to-maturity 968,707 0
Bank owned life insurance 110,998 108,789
Liabilities    
Interest bearing deposits 1,138,235 777,255
Customer repurchase agreements 35,100 23,918
Mortgage banking derivatives    
Assets    
Derivative asset 93 636
Carrying Value    
Assets    
Cash and due from banks 12,655 12,886
Federal funds sold 33,927 20,391
Interest bearing deposits with other banks 265,272 1,680,945
Investment securities available-for-sale, at fair value, net of allowance for credit loss of $0 in 2021 1,598,666 2,623,408
Investment securities held-to-maturity 1,093,374  
Federal Reserve and Federal Home Loan Bank stock 65,067 34,153
Loans held for sale 6,734 47,218
Loans 7,635,632 7,065,598
Bank owned life insurance 110,998  
Annuity investment 13,869  
Liabilities    
Noninterest bearing deposits 3,150,751 3,277,956
Interest bearing deposits 4,778,932 5,974,502
Time deposits 783,499 729,082
Customer repurchase agreements 35,100 23,918
Borrowings 1,044,795 369,670
Carrying Value | Mortgage banking derivatives    
Assets    
Derivative asset 93 636
Carrying Value | Interest Rate Caps    
Assets    
Derivative asset 31,039  
Liabilities    
Derivative liability 30,065 5,147
Carrying Value | Interest Rate Swap    
Assets    
Derivative asset   5,197
Carrying Value | Credit Risk Contract    
Liabilities    
Derivative liability 2 47
Fair Value    
Assets    
Cash and due from banks 12,655 12,886
Federal funds sold 33,927 20,391
Interest bearing deposits with other banks 265,272 1,680,945
Investment securities available-for-sale, at fair value, net of allowance for credit loss of $0 in 2021 1,598,666 2,623,408
Investment securities held-to-maturity 967,940  
Loans held for sale 6,734 47,218
Loans 7,501,484 6,930,929
Bank owned life insurance 110,998  
Annuity investment 13,869  
Liabilities    
Noninterest bearing deposits 3,150,751 3,277,956
Interest bearing deposits 4,778,932 5,974,502
Time deposits 790,418 736,001
Customer repurchase agreements 35,100 23,918
Borrowings 1,049,459 374,326
Fair Value | Mortgage banking derivatives    
Assets    
Derivative asset 93 636
Fair Value | Interest Rate Caps    
Assets    
Derivative asset 31,039  
Liabilities    
Derivative liability 30,065 5,147
Fair Value | Interest Rate Swap    
Assets    
Derivative asset   5,197
Fair Value | Credit Risk Contract    
Liabilities    
Derivative liability 2 47
Fair Value | Fair Value, Inputs, Level 1    
Assets    
Cash and due from banks 12,655 12,886
Federal funds sold 0 0
Interest bearing deposits with other banks 0 0
Investment securities available-for-sale, at fair value, net of allowance for credit loss of $0 in 2021 0 0
Investment securities held-to-maturity 0  
Federal Reserve and Federal Home Loan Bank stock 0 0
Loans held for sale 0 0
Loans 0 0
Bank owned life insurance 0  
Annuity investment 0  
Liabilities    
Noninterest bearing deposits 0 0
Interest bearing deposits 0 0
Time deposits 0 0
Customer repurchase agreements 0 0
Borrowings 0 0
Fair Value | Fair Value, Inputs, Level 1 | Mortgage banking derivatives    
Assets    
Derivative asset 0 0
Fair Value | Fair Value, Inputs, Level 1 | Interest Rate Caps    
Assets    
Derivative asset 0  
Liabilities    
Derivative liability 0 0
Fair Value | Fair Value, Inputs, Level 1 | Interest Rate Swap    
Assets    
Derivative asset   0
Fair Value | Fair Value, Inputs, Level 1 | Credit Risk Contract    
Liabilities    
Derivative liability 0 0
Fair Value | Fair Value, Inputs, Level 2    
Assets    
Cash and due from banks 0
Federal funds sold 33,927 20,391
Interest bearing deposits with other banks 265,272 1,680,945
Investment securities available-for-sale, at fair value, net of allowance for credit loss of $0 in 2021 1,598,666 2,611,408
Investment securities held-to-maturity 967,940  
Federal Reserve and Federal Home Loan Bank stock 0 0
Loans held for sale 6,734 47,218
Loans 0
Bank owned life insurance 110,998  
Annuity investment 13,869  
Liabilities    
Noninterest bearing deposits 3,150,751 3,277,956
Interest bearing deposits 4,778,932 5,974,502
Time deposits 790,418 736,001
Customer repurchase agreements 35,100 23,918
Borrowings 1,049,459 374,326
Fair Value | Fair Value, Inputs, Level 2 | Mortgage banking derivatives    
Assets    
Derivative asset 0
Fair Value | Fair Value, Inputs, Level 2 | Interest Rate Caps    
Assets    
Derivative asset 31,039  
Liabilities    
Derivative liability 30,065 5,147
Fair Value | Fair Value, Inputs, Level 2 | Interest Rate Swap    
Assets    
Derivative asset   5,197
Fair Value | Fair Value, Inputs, Level 2 | Credit Risk Contract    
Liabilities    
Derivative liability 2 47
Fair Value | Fair Value, Inputs, Level 3    
Assets    
Cash and due from banks 0 0
Federal funds sold 0 0
Interest bearing deposits with other banks 0 0
Investment securities available-for-sale, at fair value, net of allowance for credit loss of $0 in 2021 0 10,000
Investment securities held-to-maturity 0  
Federal Reserve and Federal Home Loan Bank stock 0 0
Loans held for sale 0 0
Loans 7,501,484 6,930,929
Bank owned life insurance 0  
Annuity investment 0  
Liabilities    
Noninterest bearing deposits 0 0
Interest bearing deposits 0 0
Time deposits 0 0
Customer repurchase agreements 0 0
Borrowings 0 0
Fair Value | Fair Value, Inputs, Level 3 | Mortgage banking derivatives    
Assets    
Derivative asset 93 636
Fair Value | Fair Value, Inputs, Level 3 | Interest Rate Caps    
Assets    
Derivative asset 0  
Liabilities    
Derivative liability 0 0
Fair Value | Fair Value, Inputs, Level 3 | Interest Rate Swap    
Assets    
Derivative asset   0
Fair Value | Fair Value, Inputs, Level 3 | Credit Risk Contract    
Liabilities    
Derivative liability $ 0 $ 0