Fair Value of Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2018

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:

	March 31, 2018				December 31, 2017
	Carrying				Carrying
(In thousands)	Amount		Fair Value		Amount		Fair Value
Balance sheet assets:
Cash and cash equivalents	$	199,582	$	199,582	$	228,110	$	228,110
Investment securities		454,981		454,981		470,523		470,523
Loans, net		691,790		684,135		676,026		675,020
Accrued interest receivable		6,509		6,509		7,413		7,413
Total	$	1,352,862	$	1,345,207	$	1,382,072	$	1,381,066
Balance sheet liabilities:
Deposits	$	639,243	$	635,619	$	678,088	$	678,346
Accounts and drafts payable		747,455		747,455		661,888		661,888
Accrued interest payable		67		67		55		55
Total	$	1,386,765	$	1,383,141	$	1,340,031	$	1,340,289