FAIR VALUE (Tables)

3 Months Ended

Mar. 31, 2019

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 in the following table.

	March 31, 2019
	(Level 1)			(Level 2)		(Level 3)
Assets:
Available-for-sale securities:
Residential mortgage-backed securities (issued by    government-sponsored entities)	$	—		$	166,355	$	—
Derivative assets:
Derivative assets (included in other assets)		—			1,296		—
Total derivative assets		—			1,296		—
Other assets:
Equity securities with readily determinable fair value		481			—		—
Total other assets		481			—		—
Total assets	$	481		$	167,651	$	—
Liabilities:
Derivative liabilities:
Derivative liabilities (included in other liabilities)	$	—		$	1,503	$	—
Cash collateral held by counterparty and netting adjustments		(1,412	)		—		—
Total derivative liabilities		(1,412	)		1,503		—
Total liabilities	$	(1,412	)	$	1,503	$	—

	December 31, 2018
	(Level 1)			(Level 2)		(Level 3)
Assets:
Available-for-sale securities:
Residential mortgage-backed securities (issued by    government-sponsored entities)	$	—		$	168,875	$	—
Derivative assets:
Derivative assets (included in other assets)		—			933		—
Cash collateral held by counterparty and netting adjustments		(242	)		—		—
Total derivative assets		(242	)		933		—
Other assets:
Equity securities with readily determinable fair value		475			—		—
Total other assets		475			—		—
Total assets	$	233		$	169,808	$	—
Liabilities:
Derivative liabilities:
Derivative liabilities (included in other liabilities)	$	—		$	777	$	—
Cash collateral held by counterparty		(252	)		—		—
Total derivative liabilities		(252	)		777		—
Total liabilities	$	(252	)	$	777	$	—

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

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

	March 31, 2019
	(Level 1)		(Level 2)		(Level 3)
Impaired loans:
Commercial real estate	$	—	$	—	$	6,966
Commercial and industrial		—		—		16,408
Residential real estate		—		—		8,657
Agricultural real estate		—		—		666
Other		—		—		922
Other real estate owned:
Commercial real estate		—		—		1,373
Residential real estate		—		—		46

	December 31, 2018
	(Level 1)		(Level 2)		(Level 3)
Impaired loans:
Commercial real estate	$	—	$	—	$	6,212
Commercial and industrial		—		—		1,697
Residential real estate		—		—		4,123
Agricultural real estate		—		—		218
Other		—		—		809
Other real estate owned:
Commercial real estate		—		—		1,391
Residential real estate		—		—		97

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 (weightedaverage) or Multiple of Earnings
March 31, 2019
Impaired real estate loans	$	18,858	SalesComparison Approach	Adjustments for differencesbetween comparable sales	0% - 20% (10%)
Impaired other loans	$	14,761	Multiple of Earnings	Multiples of earnings for comparable entities	5.3X
December 31, 2018
Impaired loans	$	13,059	SalesComparison Approach	Adjustments for differencesbetween comparable sales	4% - 22% (13%)

Carrying Amount and Estimated Fair Values of Financial Instrument

Carrying amount and estimated fair values of financial instruments at period end were as follows as of the date indicated:

	March 31, 2019
	Carrying Amount			Estimated Fair Value			Level 1			Level 2		Level 3
Financial assets:
Cash and cash equivalents	$	167,453		$	167,453		$	167,453		$	—	$	—
Interest bearing deposits		4,742			4,742			—			4,742		—
Available-for-sale securities		166,355			166,355			—			166,355		—
Held-to-maturity securities		749,493			752,207			—			752,207		—
Loans held for sale		2,140			2,140			—			2,140		—
Loans, net of allowance for loan losses		2,592,646			2,571,049			—			—		2,571,049
Federal Reserve Bank and Federal Home    Loan Bank stock		22,569		N/A			N/A			N/A		N/A
Interest receivable		16,423			16,423			—			16,423		—
Derivative assets		1,296			1,296			—			1,296		—
Cash collateral held by derivative counterparty and netting adjustments		—			—			—			—		—
Total derivative assets		1,296			1,296			—			1,296		—
Total assets	$	3,723,117		$	3,681,665		$	167,453		$	943,163	$	2,571,049
Financial liabilities:
Deposits	$	3,260,870		$	3,265,367		$	—		$	3,265,367	$	—
Federal funds purchased and retail    repurchase agreements		43,433			43,433			—			43,433		—
Federal Home Loan Bank advances		264,954			264,954			—			264,954		—
Bank stock loan		8,500			8,500			—			8,500		—
Subordinated debentures		14,334			14,334			—			14,334		—
Contractual obligations		3,964			3,964			—			3,964		—
Interest payable		4,174			4,174			—			4,174		—
Derivative liabilities		1,503			1,503			—			1,503		—
Cash collateral held by derivative counterparty and netting adjustments		(1,412	)		(1,412	)		(1,412	)		—		—
Total derivative liabilities		91			91			(1,412	)		1,503		—
Total liabilities	$	3,600,320		$	3,604,817		$	(1,412	)	$	3,606,229	$	—

	December 31, 2018
	Carrying Amount			Estimated Fair Value			Level 1			Level 2		Level 3
Financial assets:
Cash and cash equivalents	$	192,818		$	192,818		$	192,818		$	—	$	—
Interest bearing deposits		4,991			4,991			—			4,991		—
Available-for-sale securities		168,875			168,875			—			168,875		—
Held-to-maturity securities		748,356			739,989			—			739,989		—
Loans held for sale		2,972			2,972			—			2,972		—
Loans, net of allowance for loan losses		2,563,954			2,565,526			—			—		2,565,526
Federal Reserve Bank and Federal Home    Loan Bank stock		29,214		N/A			N/A			N/A		N/A
Interest receivable		17,372			17,372			—			17,372		—
Derivative assets		933			933			—			933		—
Cash collateral held by derivative counterparty and netting adjustments		(242	)		(242	)		(242	)		—		—
Total derivative assets		691			691			(242	)		933		—
Total assets	$	3,729,243		$	3,693,234		$	192,576		$	935,132	$	2,565,526
Financial liabilities:
Deposits	$	3,123,447		$	3,124,654		$	—		$	3,124,654	$	—
Federal funds purchased and retail    repurchase agreements		50,068			50,068			—			50,068		—
Federal Home Loan Bank advances		384,898			384,898			—			384,898		—
Bank stock loan		15,450			15,450			—			15,450		—
Subordinated debentures		14,260			14,260			—			14,260		—
Contractual obligations		3,965			3,965			—			3,965		—
Interest payable		3,648			3,648			—			3,648		—
Derivative liabilities		777			777			—			777		—
Cash collateral held by derivative counterparty and netting adjustments		(252	)		(252	)		(252	)		—		—
Total derivative liabilities		525			525			(252	)		777		—
Total liabilities	$	3,596,261		$	3,597,468		$	(252	)	$	3,597,720	$	—