FAIR VALUE (Tables)

12 Months Ended

Dec. 31, 2023

Fair Value Disclosures [Abstract]

Assets and Liabilities Measured at Fair Value on Recurring Basis

Assets and liabilities measured at fair value on a recurring basis are summarized below.

	December 31, 2023
	Level 1			Level 2		Level 3
Assets:
Available-for-sale securities:
U.S. Government-sponsored entities	$	—		$	33,087	$	—
U.S. Treasury securities		89,256			—		—
Mortgage backed securities
Government-sponsored residential mortgage backed securities		—			529,143		—
Private label residential mortgage backed securities		—			137,841		—
Corporate		—			49,683		—
Small Business Administration loan pools		—			7,727		—
State and political subdivisions		—			72,911		—
Derivative assets:
Derivative assets (included in other assets)		—			7,002		—
Cash collateral held by counterparty and netting    adjustments		(6,406	)	—			—
Total derivative assets		(6,406	)		7,002		—
Other assets:
Equity securities with readily determinable fair value		673			—		—
Total other assets		673			—		—
Total assets	$	83,523		$	837,394	$	—
Liabilities:
Derivative liabilities:
Derivative liabilities (included in other liabilities)	$	—		$	3,656	$	—
Cash collateral held by counterparty and netting    adjustments		(454	)		—		—
Total derivative liabilities		(454	)		3,656		—
Total liabilities	$	(454	)	$	3,656	$	—

	December 31, 2022
	Level 1			Level 2		Level 3
Assets:
Available-for-sale securities:
U.S. Government-sponsored entities	$	—		$	106,406	$	—
U.S. Treasury securities		232,158			—		—
Mortgage backed securities
Government-sponsored residential mortgage backed securities		—			498,606		—
Private label residential mortgage backed securities		—			163,560		—
Corporate		—			52,374		—
Small Business Administration loan pools		—			12,181		—
State and political subdivisions		—			119,105		—
Derivative assets:
Derivative assets (included in other assets)		—			8,736		—
Cash collateral held by counterparty and netting    adjustments		(7,336	)	—			—
Total derivative assets		(7,336	)		8,736		—
Other assets:
Equity securities with readily determinable fair value		570			—		—
Total other assets		570			—		—
Total assets	$	225,392		$	960,968	$	—
Liabilities:
Derivative liabilities:
Derivative liabilities (included in other liabilities)	$	—		$	8,012	$	—
Cash collateral held by counterparty and netting    adjustments		(4,476	)		—		—
Total derivative liabilities		(4,476	)		8,012		—
Total liabilities	$	(4,476	)	$	8,012	$	—

Summary of Assets Measured at Fair Value on Non-recurring Basis

Assets measured at fair value on a non-recurring basis are summarized below.

	December 31, 2023
	Level 1		Level 2		Level 3
Loans individually evaluated for credit losses:
Commercial real estate	$	—	$	—	$	1,616
Commercial and industrial		—		—		3,706
Residential real estate		—		—		6,165
Agricultural real estate	—		—			2,606
Other		—		—		2,442
Other real estate owned:
Commercial real estate		—		—		1,061
Residential real estate		—		—		170

	December 31, 2022
	Level 1		Level 2		Level 3
Loans individually evaluated for credit losses:
Commercial real estate	$	—	$	—	$	617
Commercial and industrial		—		—		4,747
Residential real estate		—		—		2,395
Agricultural real estate	—		—			1,253
Other		—		—		1,871
Other real estate owned:
Commercial real estate		—		—		792
Residential real estate		—		—		170

Summary of Additional Information about Unobservable Inputs Used in Fair Value Measurement

The following table presents additional information about the unobservable inputs used in the fair value measurement of financial assets measured on a nonrecurring basis that were categorized with Level 3 of the fair value hierarchy.

	Fair Value		Valuation Technique	Unobservable Input	Range (weighted average)
December 31, 2023
Real estate loans individually evaluated     for credit losses	$	16,535	Sales Comparison Approach	Adjustments for differences between comparable sales	3% - 34% (19%)
Other real estate owned individually evaluated     for credit losses	$	1,231	Sales Comparison Approach	Adjustments for differences between comparable sales	7% - 28% (18%)
December 31, 2022
Real estate loans individually evaluated     for credit losses	$	10,883	Sales Comparison Approach	Adjustments for differences between comparable sales	10% - 51% (31%)
Other real estate owned individually evaluated     for credit losses	$	962	Sales Comparison Approach	Adjustments for differences between comparable sales	3% - 24% (13%)

Carrying Amounts and Estimated Fair Values of Financial Instrument

Carrying amounts and estimated fair values of financial instruments at year end were as follows as of the date indicated.

	December 31, 2023
	Carrying Amount			Estimated Fair Value			Level 1			Level 2		Level 3
Financial assets:
Cash and cash equivalents	$	379,099		$	379,099		$	379,099		$	—	$	—
Available-for-sale securities		919,648			919,648			89,256			830,392		—
Held-to-maturity securities		2,209			2,250			—			2,250		—
Loans held for sale		476			476			—			476
Loans, net of allowance for credit losses		3,289,381			3,227,789			—			—		3,227,789
Federal Reserve Bank and Federal Home Loan    Bank stock		20,608			20,608			—			20,608		—
Interest receivable		25,497			25,497			—			25,497		—
Derivative assets		7,002			7,002			—			7,002		—
Cash collateral held by derivative counterparty and    netting adjustments		(6,406	)		(6,406	)		(6,406	)		—		—
Total derivative assets		596			596			(6,406	)		7,002		—
Equity securities with readily determinable fair value		674			674			674			—		—
Total assets	$	4,638,188		$	4,576,637		$	462,623		$	886,225	$	3,227,789
Financial liabilities:
Deposits	$	4,145,455		$	4,140,501		$	—		$	4,140,501	$	—
Federal funds purchased and retail repurchase    agreements		43,582			43,582			—			43,582		—
Federal Home Loan Bank advances		100,000			100,000			—			100,000		—
Federal Reserve Bank Borrowings		140,000			140,000			—			140,000		—
Subordinated debentures		23,594			23,594			—			23,594		—
Subordinated notes		73,327			71,827			—			71,827		—
Contractual obligations		19,315			19,315			—			19,315		—
Interest payable		9,180			9,180			—			9,180		—
Derivative liabilities		3,656			3,656			—			3,656		—
Cash collateral held by derivative counterparty and    netting adjustments		(454	)		(454	)		(454	)		—		—
Total derivative liabilities		3,202			3,202			(454	)		3,656		—
Total liabilities	$	4,557,655		$	4,551,201		$	(454	)	$	4,551,655	$	—

	December 31, 2022
	Carrying Amount			Estimated Fair Value			Level 1			Level 2		Level 3
Financial assets:
Cash and cash equivalents	$	104,428		$	104,428		$	104,428		$	—	$	—
Available-for-sale securities		1,184,390			1,184,390			232,158			952,232		—
Held-to-maturity securities		1,948			1,973			—			1,973		—
Loans held for sale		349			349			—			349		—
Loans, net of allowance for credit losses		3,265,701			3,251,129			—			—		3,251,129
Federal Reserve Bank and Federal Home Loan    Bank stock		21,695			21,695			—			21,695		—
Interest receivable		20,630			20,630			—			20,630		—
Derivative assets		8,736			8,736			—			8,736		—
Cash collateral held by derivative counterparty and    netting adjustments		(7,336	)		(7,336	)		(7,336	)		—		—
Total derivative assets		1,400			1,400			(7,336	)		8,736		—
Equity securities with readily determinable fair value		570			570			570			—		—
Total assets	$	4,601,111		$	4,586,564		$	329,820		$	1,005,615	$	3,251,129
Financial liabilities:
Deposits	$	4,241,807		$	4,232,948		$	—		$	4,232,948	$	—
Federal funds purchased and retail repurchase    agreements		46,478			46,478			—			46,478		—
Federal Home Loan Bank advances		138,864			138,864			—			138,864		—
Subordinated debentures		23,255			23,255			—			23,255		—
Subordinated notes		73,137			70,887			—			70,887		—
Contractual obligations		15,218			15,218			—			15,218		—
Interest payable		2,473			2,473			—			2,473		—
Derivative liabilities		8,012			8,012			—			8,012		—
Cash collateral held by derivative counterparty and    netting adjustments		(4,476	)		(4,476	)		(4,476	)		—		—
Total derivative liabilities		3,536			3,536			(4,476	)		8,012		—
Total liabilities	$	4,544,768		$	4,533,659		$	(4,476	)	$	4,538,135	$	—