Fair Value of Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2023

Fair Value Disclosures [Abstract]

Schedule of Estimated Fair Values of Financial Instruments

The following tables present estimated fair values of the Company’s financial instruments and the level within the fair value hierarchy in which the fair value measurements fall.

	March 31, 2023
	Carrying Amount		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Assets
Cash and due from banks	$	134,722	$	134,722	$	—	$	—
Interest–earning time deposits	3,098		—		3,055		—
Investment securities, held to maturity	2,015,537		—		1,709,392		—
Loans held for sale	2,409		—		—		2,409
Loans (excluding loan level hedges), net	4,197,425		—		—		3,939,326
Stock in FHLB	32,264		—		32,264		—
Interest receivable	36,428		—		36,428		—
Mortgage servicing rights	—		—		—		—
Liabilities
Non–interest bearing deposits	$	1,231,845	$	1,231,845	$	—	$	—
Interest bearing deposits	4,470,100		—		4,122,923		—
Borrowings	1,311,927		—		1,300,233		—
Subordinated notes	58,933		—		57,600		—
Junior subordinated debentures issued to capital trusts	57,087		—		50,569		—
Interest payable	5,922		—		5,922		—

	December 31, 2022
	Carrying Amount		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Assets
Cash and due from banks	$	123,505	$	123,505	$	—	$	—
Interest–earning time deposits	2,812		—		2,778		—
Investment securities, held to maturity	2,022,748		—		1,681,309		—
Loans held for sale	5,807		—		—		5,807
Loans (excluding loan level hedges), net	4,107,534		—		—		3,852,458
Stock in FHLB	26,677		—		26,677		—
Interest receivable	35,294		—		35,294		—
Mortgage servicing rights	—		—		—		—
Liabilities
Non–interest bearing deposits	$	1,277,768	$	1,277,768	$	—	$	—
Interest bearing deposits	4,580,006		—		4,100,154		—
Borrowings	1,142,949		—		1,139,926		—
Subordinated notes	58,896		—		56,496		—
Junior subordinated debentures issued to capital trusts	57,027		—		51,327		—
Interest payable	5,380		—		5,380		—