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FAIR VALUE DISCLOSURES (Tables)
 3 Months Ended
Mar. 31, 2024
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:
March 31, 2024
Fair Value Measurements UsingAssets
at Fair Value
(dollars in thousands)Level 1Level 2Level 3
Assets:
U.S. government sponsored agency securities0 116,452 0 116,452 
Mortgage-backed securities: residential0 432,018 0 432,018 
State and municipal securities0 463,773 2,238 466,011 
Total securities available-for-sale0 1,012,243 2,238 1,014,481 
Mortgage banking derivative0 97 0 97 
Interest rate swap derivative0 30,365 0 30,365 
Total assets$0 $1,042,705 $2,238 $1,044,943 
Liabilities:
Mortgage banking derivative$0 $9 $0 $9 
Interest rate swap derivative0 30,365 0 30,365 
Total liabilities$0 $30,374 $0 $30,374 
December 31, 2023
Fair Value Measurements UsingAssets
at Fair Value
(dollars in thousands)Level 1Level 2Level 3
Assets:        
U.S. government sponsored agency securities$0 $119,479 $0 $119,479 
Mortgage-backed securities: residential0 447,842 0 447,842 
State and municipal securities0 482,127 2,280 484,407 
Total securities available-for-sale0 1,049,448 2,280 1,051,728 
Mortgage banking derivative0 47 0 47 
Interest rate swap derivative0 27,189 0 27,189 
Total assets$0 $1,076,684 $2,280 $1,078,964 
Liabilities:
Mortgage banking derivative$0 $11 $0 $11 
Interest rate swap derivative0 27,190 0 27,190 
Total liabilities$0 $27,201 $0 $27,201 
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:
March 31, 2024
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 $609 $609 
Non-working capital loans0 0 3,192 3,192 
Commercial real estate and multi-family residential loans:
Owner occupied loans0 0 680 680 
Agri-business and agricultural loans:
Loans secured by farmland0 0 30 30 
Total collateral dependent loans0 0 4,511 4,511 
Other real estate owned0 0 384 384 
Total assets$0 $0 $4,895 $4,895 
December 31, 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 $1,263 $1,263 
Non-working capital loans0 0 3,374 3,374 
Commercial real estate and multi-family residential loans:
Owner occupied loans0 0 682 682 
Agri-business and agricultural loans:
Loans secured by farmland0 0 31 31 
Total collateral dependent loans0 0 5,350 5,350 
Other real estate owned0 0 384 384 
Total assets$0 $0 $5,734 $5,734 
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 March 31, 2024:
(dollars in thousands)Fair ValueValuation MethodologyUnobservable InputsAverageRange of Inputs
Collateral dependent loans:          
Commercial and industrial$3,801 Collateral based measurementsDiscount to reflect current market conditions and ultimate collectability55 %
10%-99%
Collateral dependent loans:    
Commercial real estate and multi-family residential loans680 Collateral based measurementsDiscount to reflect current market conditions and ultimate collectability38 %
3%-69%
Collateral dependent loans:
Agri-business and agricultural30 Collateral based measurementsDiscount to reflect current market conditions and ultimate collectability69 %
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, 2023:
(dollars in thousands)Fair ValueValuation MethodologyUnobservable InputsAverageRange of Inputs
Collateral dependent loans:          
Commercial and industrial$4,637 Collateral based measurementsDiscount to reflect current market conditions and ultimate collectability64 %
9%-99%
Collateral dependent loans:    
Commercial real estate and multi-family residential loans682 Collateral based measurementsDiscount to reflect current market conditions and ultimate collectability37 %
9%-69%
Collateral dependent loans:    
Agri-business and agricultural31 Collateral based measurementsDiscount to reflect current market conditions and ultimate collectability69 %
Other real estate owned384 AppraisalsDiscount to reflect current market conditions and ultimate collectability36 %
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.
March 31, 2024
Carrying
Value		Estimated Fair Value
(dollars in thousands)Level 1Level 2Level 3Total
Financial Assets:          
Cash and cash equivalents$147,687 $147,687 $0 $0 $147,687 
Securities available-for-sale1,014,481 0 1,012,243 2,238 1,014,481 
Securities held-to-maturity130,335 0 115,467 0 115,467 
Real estate mortgages held-for-sale1,659 0 1,685 0 1,685 
Loans, net4,924,379 0 0 4,796,478 4,796,478 
Mortgage banking derivative97 0 97 0 97 
Interest rate swap derivative30,365 0 30,365 0 30,365 
Federal Reserve and Federal Home Loan Bank Stock21,420 N/AN/AN/AN/A
Accrued interest receivable30,793 0 8,139 22,654 30,793 
Financial Liabilities:
Certificates of deposit1,026,189 0 1,018,557 0 1,018,557 
All other deposits4,591,896 4,591,896 0 0 4,591,896 
Federal Home Loan Bank advances200,000 199,996 0 0 199,996 
Interest rate swap derivative30,365 0 30,365 0 30,365 
Standby letters of credit203 0 0 203 203 
Accrued interest payable14,524 773 13,751 0 14,524 
December 31, 2023
Carrying
Value		Estimated Fair Value
(dollars in thousands)Level 1Level 2Level 3Total
Financial Assets:          
Cash and cash equivalents$151,824 $151,824 $0 $0 $151,824 
Securities available-for-sale1,051,728 0 1,049,448 2,280 1,051,728 
Securities held-to-maturity129,918 0 119,215 0 119,215 
Real estate mortgages held-for-sale1,158 0 1,158 0 1,158 
Loans, net4,844,562 0 0 4,694,532 4,694,532 
Mortgage banking derivative47 0 47 0 47 
Interest rate swap derivative27,189 0 27,189 0 27,189 
Federal Reserve and Federal Home Loan Bank Stock21,420 N/AN/AN/AN/A
Accrued interest receivable30,011 0 8,558 21,453 30,011 
Financial Liabilities:
Certificates of deposit1,016,821 0 1,010,172 0 1,010,172 
All other deposits4,703,704 4,703,704 0 0 4,703,704 
Federal Home Loan Bank advances50,000 50,000 0 0 50,000 
Mortgage banking derivative11 0 11 0 11 
Interest rate swap derivative27,190 0 27,190 0 27,190 
Standby letters of credit289 0 0 289 289 
Accrued interest payable20,893 753 20,140 0 20,893