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FAIR VALUE DISCLOSURES (Tables)
 6 Months Ended
Jun. 30, 2023
Fair Value Disclosures [Abstract]  
Schedule of Assets Measured at Fair Value on a Recurring Basis
The tables below present the balances of assets measured at fair value on a recurring basis:
June 30, 2023
Fair Value Measurements UsingAssets
at Fair Value
(dollars in thousands)Level 1Level 2Level 3
Assets:
U.S. Treasury securities$3,232 $0 $0 $3,232 
U.S. government sponsored agency securities0 122,086 0 122,086 
Mortgage-backed securities: residential0 462,033 0 462,033 
State and municipal securities0 471,701 3,017 474,718 
Total securities available-for-sale3,232 1,055,820 3,017 1,062,069 
Mortgage banking derivative0 68 0 68 
Interest rate swap derivative0 35,660 0 35,660 
Total assets$3,232 $1,091,548 $3,017 $1,097,797 
Liabilities:
Interest rate swap derivative0 35,661 0 35,661 
Total liabilities$0 $35,661 $0 $35,661 
December 31, 2022
Fair Value Measurements UsingAssets
at Fair Value
(dollars in thousands)Level 1Level 2Level 3
Assets:        
U.S. Treasury securities$3,034 $0 $0 $3,034 
U.S. government sponsored agency securities0 126,961 0 126,961 
Mortgage-backed securities: residential0 492,308 0 492,308 
State and municipal securities0 561,150 2,075 563,225 
Total securities available-for-sale3,034 1,180,419 2,075 1,185,528 
Mortgage banking derivative0 43 0 43 
Interest rate swap derivative0 36,920 0 36,920 
Total assets$3,034 $1,217,382 $2,075 $1,222,491 
Liabilities:
Interest rate swap derivative0 36,921 0 36,921 
Total liabilities$0 $36,921 $0 $36,921 
Schedule of Assets Measured at Fair Value on a Nonrecurring Basis
The tables below present the balances of assets measured at fair value on a nonrecurring basis:
June 30, 2023
Fair Value Measurements UsingAssets
at Fair Value
(dollars in thousands)Level 1Level 2Level 3
Assets
Collateral dependent loans:
Commercial and industrial loans:
Working capital lines of credit loans$0 $0 $2,644 $2,644 
Non-working capital loans0 0 3,139 3,139 
Commercial real estate and multi-family residential loans:
Owner occupied loans0 0 326 326 
Agri-business and agricultural loans:
Loans secured by farmland0 0 25 25 
Total collateral dependent loans0 0 6,134 6,134 
Other real estate owned0 0 384 384 
Total assets$0 $0 $6,518 $6,518 
December 31, 2022
Fair Value Measurements UsingAssets
at Fair Value
(dollars in thousands)Level 1Level 2Level 3
Assets        
Collateral dependent loans:        
Commercial and industrial loans:        
Working capital lines of credit loans$0 $0 $3,178 $3,178 
Non-working capital loans0 0 8,354 8,354 
Commercial real estate and multi-family residential loans:
Owner occupied loans0 0 425 425 
Agri-business and agricultural loans:
Loans secured by farmland0 0 35 35 
Total collateral dependent loans0 0 11,992 11,992 
Other real estate owned0 0 100 100 
Total assets$0 $0 $12,092 $12,092 
Schedule of Fair Value Measured on Nonrecurring Basis Valuation Techniques
The following table presents the valuation methodology and unobservable inputs for Level 3 assets measured at fair value on a non-recurring basis at June 30, 2023:
(dollars in thousands)Fair ValueValuation MethodologyUnobservable InputsAverageRange of Inputs
Collateral dependent loans:          
Commercial and industrial$5,783 Collateral based measurementsDiscount to reflect current market conditions and ultimate collectability62 %
25%-99%
Collateral dependent loans:    
Commercial real estate and multi-family residential loans326 Collateral based measurementsDiscount to reflect current market conditions and ultimate collectability78 %
Collateral dependent loans:
Agri-business and agricultural25 Collateral based measurementsDiscount to reflect current market conditions and ultimate collectability78 %
Other real estate owned384 AppraisalsDiscount to reflect current market conditions and ultimate collectability36 %
The following table presents the valuation methodology and unobservable inputs for Level 3 assets measured at fair value on a non-recurring basis at December 31, 2022:
(dollars in thousands)Fair ValueValuation MethodologyUnobservable InputsAverageRange of Inputs
Collateral dependent loans:          
Commercial and industrial$11,532 Collateral based measurementsDiscount to reflect current market conditions and ultimate collectability62 %
29%-99%
Collateral dependent loans:    
Commercial real estate and multi-family residential loans425 Collateral based measurementsDiscount to reflect current market conditions and ultimate collectability57 %
37%-76%
Collateral dependent loans:    
Agri-business and agricultural35 Collateral based measurementsDiscount to reflect current market conditions and ultimate collectability76 %
Other real estate owned100 AppraisalsDiscount to reflect current market conditions and ultimate collectability68 %
Schedule of Fair Values and the Related Carrying Values of Financial Instruments
The following tables contain the estimated fair values and the related carrying values of the Company’s financial instruments. Items that are not financial instruments are not included.
June 30, 2023
Carrying
Value		Estimated Fair Value
(dollars in thousands)Level 1Level 2Level 3Total
Financial Assets:          
Cash and cash equivalents$173,137 $172,892 $245 $0 $173,137 
Securities available-for-sale1,062,069 3,232 1,055,820 3,017 1,062,069 
Securities held-to-maturity129,070 0 114,264 0 114,264 
Real estate mortgages held-for-sale1,298 0 1,342 0 1,342 
Loans, net4,790,202 0 0 4,606,769 4,606,769 
Mortgage banking derivative68 0 68 0 68 
Interest rate swap derivative35,660 0 35,660 0 35,660 
Federal Reserve and Federal Home Loan Bank Stock21,420 N/AN/AN/AN/A
Accrued interest receivable27,398 0 8,859 18,539 27,398 
Financial Liabilities:
Certificates of deposit822,797 0 824,292 0 824,292 
All other deposits4,600,262 4,600,262 0 0 4,600,262 
Federal Home Loan Bank advances400,000 400,003 0 0 400,003 
Interest rate swap derivative35,661 0 35,661 0 35,661 
Standby letters of credit133 0 0 133 133 
Accrued interest payable9,833 441 9,392 0 9,833 
December 31, 2022
Carrying
Value		Estimated Fair Value
(dollars in thousands)Level 1Level 2Level 3Total
Financial Assets:          
Cash and cash equivalents$130,282 $129,069 $1,213 $0 $130,282 
Securities available-for-sale1,185,528 3,034 1,180,419 2,075 1,185,528 
Securities held-to-maturity128,242 0 111,029 0 111,029 
Real estate mortgages held-for-sale357 0 372 0 372 
Loans, net4,637,790 0 0 4,454,678 4,454,678 
Mortgage banking derivative43 0 43 0 43 
Interest rate swap derivative36,920 0 36,920 0 36,920 
Federal Reserve and Federal Home Loan Bank Stock15,795 N/AN/AN/AN/A
Accrued interest receivable27,994 0 9,598 18,396 27,994 
Financial Liabilities:
Certificates of deposit626,186 0 621,206 0 621,206 
All other deposits4,834,434 4,834,434 0 0 4,834,434 
Federal Funds purchased22,000 22,000 0 0 22,000 
Federal Home Loan Bank advances275,000 275,000 0 0 275,000 
Interest rate swap derivative36,921 0 36,921 0 36,921 
Standby letters of credit249 0 0 249 249 
Accrued interest payable3,186 486 2,700 0 3,186