Disclosures about Fair Value of Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2021

Fair Value Disclosures [Abstract]

Fair Value, by Balance Sheet Grouping

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

	December 31,
	2021				2020
(In thousands)	Carrying Amount		Fair Value		Carrying Amount		Fair Value
Balance sheet assets:
Cash and cash equivalents	$	514,928	$	514,928	$	670,528	$	670,528
Investment securities	673,453		673,453		357,726		357,726
Loans, net	948,526		948,701		879,732		883,461
Accrued interest receivable	6,799		6,799		6,850		6,850
Total	$	2,143,706	$	2,143,881	$	1,914,836	$	1,918,565
Balance sheet liabilities:
Deposits	$	1,221,503	$	1,221,503	$	1,050,856	$	1,050,856
Accounts and drafts payable	1,050,396		1,050,396		835,386		835,386
Accrued interest payable	16		16		38		38
Total	$	2,271,915	$	2,271,915	$	1,886,280	$	1,886,280