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Fair Value (Tables)
 12 Months Ended
Dec. 31, 2020
Fair Value Disclosures [Abstract]  
Summary of Financial Assets and Liabilities Measured at Fair Value on Recurring Basis
The following table summarizes financial assets and financial liabilities measured at fair value on a recurring basis segregated by the level of the valuation inputs within the fair value hierarchy utilized to measure fair value for the dates indicated:
(In thousands)Fair ValueReadily Available Market Prices
(Level 1)		Observable Market Data
(Level 2)		Company Determined Fair Value
(Level 3)
December 31, 2020      
Financial assets:      
Trading securities$4,161 $4,161 $— $— 
AFS debt securities:    
Obligations of states and political subdivisions
127,120 — 127,120 — 
Mortgage-backed securities issued or guaranteed by U.S. government-sponsored enterprises
566,618 — 566,618 — 
Collateralized mortgage obligations issued or guaranteed by U.S. government-sponsored enterprises
410,454 — 410,454 — 
Subordinated corporate bonds
11,621 — 11,621 — 
Loans held for sale41,557 — 41,557 — 
Customer loan swaps39,627 — 39,627 — 
Junior subordinated debt interest rate swaps562 — 562 — 
Interest rate swap on loans
5,169 — 5,169 — 
Fixed rate mortgage interest rate lock commitments608 — 608 — 
Forward delivery commitments311 — 311 — 
Financial liabilities:    
Trading securities$4,161 $4,161 $— $— 
Customer loan swaps39,627 — 39,627 — 
Junior subordinated debt interest rate swaps10,912 — 10,912 — 
Interest rate swap on borrowings713 — 713 — 
Fixed rate mortgage interest rate lock commitments248 — 248 — 
Forward delivery commitments196 — 196 — 
December 31, 2019      
Financial assets:      
Trading securities$3,799 $3,799 $— $— 
AFS debt securities:    
Obligations of states and political subdivisions
118,083 — 118,083 — 
Mortgage-backed securities issued or guaranteed by U.S. government-sponsored enterprises
463,386 — 463,386 — 
Collateralized mortgage obligations issued or guaranteed by U.S. government-sponsored enterprises
325,905 — 325,905 — 
Subordinated corporate bonds
10,744 — 10,744 — 
Equity securities - bank stock
1,674 — 1,674 — 
Loans held for sale11,854 — 11,854 — 
Customer loan swaps17,756 — 17,756 — 
Interest rate swap on loans
483 — 483 — 
Fixed rate mortgage interest rate lock commitments480 — 480 — 
Forward delivery commitments312 — 312 — 
Financial liabilities:    
Trading securities$3,799 $3,799 $— $— 
Customer loan swaps17,756 — 17,756 — 
Junior subordinated debt interest rate swaps8,187 — 8,187 — 
Fixed rate mortgage interest rate lock commitments18 — 18 — 
Forward delivery commitments15 — 15 — 
Summary of Assets Measured at Fair Value on Non Recurring Basis The table below highlights financial and non-financial assets measured and recorded at fair value on a non-recurring basis for the dates indicated:
(In thousands)Fair ValueReadily Available Market Prices
(Level 1)		Observable Market Data
(Level 2)		Company Determined
Fair Value
(Level 3)
December 31, 2020      
Financial assets:      
Servicing assets$1,010 $— $— $1,010 
Non-financial assets:
OREO$236 $— $— $236 
December 31, 2019      
Non-financial assets:
OREO$94 $— $— $94 
Valuation Methodology and Unobservable Inputs for Level Three Assets Measured at Fair Value on Non Recurring Basis
The following table presents the valuation methodology and unobservable inputs for Level 3 assets measured at fair value on a non-recurring basis for the dates indicated:
(Dollars in thousands)Fair ValueValuation MethodologyUnobservable inputDiscount
December 31, 2020
Servicing assets$1,010 Discounted cash flowWeighted-average constant prepayment rate19%
Weighted average discount rate10%
OREO$236 Market approach appraisal of collateralManagement adjustment of appraisal5%
Estimated selling costs11%
December 31, 2019
OREO$94 Market approach appraisal of collateralManagement adjustment of appraisal18%
Estimated selling costs13%
Carrying Amounts and Estimated Fair Value for Financial Instrument Assets and Liabilities
The estimated fair values and related carrying amounts for assets and liabilities for which fair value is only disclosed are shown below as of the dates indicated:
(In thousands)Carrying AmountFair ValueReadily Available Market Prices
(Level 1)		Observable Market Prices
(Level 2)		Company Determined Market Prices
(Level 3)
December 31, 2020
Financial assets:        
HTM securities$1,297 $1,411 $— $1,411 $— 
Commercial real estate loans(1)(2)
1,344,860 1,307,132 — — 1,307,132 
Commercial loans(2)
374,791 372,194 — — 372,194 
SBA PPP loans(2)
135,026 137,209 — — 137,209 
Residential real estate loans(2)
1,051,324 1,066,991 — — 1,066,991 
Home equity loans(2)
255,957 253,276 — — 253,276 
Consumer loans(2)
19,999 18,102 — — 18,102 
Servicing assets2,196 1,437 — — 1,437 
Financial liabilities:    
Time deposits$457,694 $460,278 $— $460,278 $— 
Short-term borrowings162,439 162,420 — 162,420 — 
Long-term borrowings25,000 25,442 — 25,442 — 
Subordinated debentures58,331 46,475 — 46,475 — 
December 31, 2019
Financial assets:        
HTM securities$1,302 $1,359 $— $1,359 $— 
Commercial real estate loans(2)
1,230,983 1,196,297 — — 1,196,297 
Commercial loans(2)
438,716 431,892 — — 431,892 
Residential real estate loans(2)
1,064,532 1,066,544 — — 1,066,544 
Home equity loans(2)
310,356 293,565 — — 293,565 
Consumer loans(2)
25,265 23,355 — — 23,355 
Servicing assets877 1,496 — — 1,496 
Financial liabilities:  
Time deposits$595,549 $594,881 $— $594,881 $— 
Short-term borrowings268,809 268,631 — 268,631 — 
Long-term borrowings10,000 10,002 — 10,002 — 
Subordinated debentures59,080 50,171 — 50,171 — 
(1) Commercial real estate loans includes non owner-occupied and owner-occupied properties.
(2) The presented carrying amount is net of the allocated ACL on loans.