Fair Value of Financial Instruments (Tables)

9 Months Ended

Sep. 30, 2017

Fair Value Disclosures [Abstract]

Summary of the Fair Value of Financial Instruments

Following is a summary of the carrying amounts and fair values of the Company’s financial instruments:

	September 30, 2017				December 31, 2016
	Carrying				Carrying
(In thousands)	Amount		Fair Value		Amount		Fair Value
Balance sheet assets:
Cash and cash equivalents	$	242,098	$	242,098	$	266,743	$	266,743
Investment securities		457,068		457,068		390,552		390,552
Loans, net		647,888		650,593		654,691		652,028
Accrued interest receivable		6,267		6,267		6,543		6,543
Total	$	1,353,321	$	1,356,026	$	1,318,529	$	1,315,866
Balance sheet liabilities:
Deposits	$	609,230	$	609,199	$	621,961	$	622,173
Accounts and drafts payable		687,233		687,233		642,287		642,287
Accrued interest payable		47		47		46		46
Total	$	1,296,510	$	1,296,479	$	1,264,294	$	1,264,506