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Fair Value (Tables)
 12 Months Ended
Dec. 31, 2022
Fair Value Disclosures [Abstract]  
Schedule of financial assets and liabilities measured on a recurring basis
The following table presents assets and liabilities measured at fair value on a recurring basis:
 
Fair Value Measurements at December 31, 2022 using:
(In thousands)Level 1Level 2Level 3Balance at December 31, 2022
Assets    
Investment securities:    
Obligations of U.S. Government sponsored entities$— $37,213 $— $37,213 
Obligations of states and political subdivisions— 406,711 — 406,711 
U.S. Government sponsored entities’ asset-backed securities— 756,761 — 756,761 
Collateralized loan obligations— 516,539 — 516,539 
Corporate debt securities— 9,472 7,000 16,472 
Equity securities1,420 — 439 1,859 
Mortgage loans held for sale— 2,149 — 2,149 
Mortgage IRLCs— 46 — 46 
Loan interest rate swaps— 1,508 — 1,508 
Liabilities    
Fair value swap$— $— $243 $243 
Loan interest rate swaps— 1,508 — 1,508 
 
Fair Value Measurements at December 31, 2021 using:
(In thousands)Level 1Level 2Level 3Balance at December 31, 2021
Assets    
Investment securities:    
Obligations of states and political subdivisions$— $389,591 $— $389,591 
U.S. Government sponsored entities’ asset-backed securities— 854,463 — 854,463 
Collateralized loan obligations— 498,674 — 498,674 
Corporate debt securities— 11,412 — 11,412 
Equity securities1,630 — 499 2,129 
Mortgage loans held for sale— 9,387 — 9,387 
Mortgage IRLCs— 333 — 333 
Loan interest rate swaps— 1,952 — 1,952 
Liabilities    
Fair value swap$— $— $226 $226 
Borrowing interest rate swap— 262 — 262 
Loan interest rate swaps— 1,952 — 1,952 
The following methods and assumptions were used by the Company in determining the fair value of the financial assets and liabilities discussed above:

Interest rate swaps:  The fair values of interest rate swaps are based on valuation models using observable market data as of the measurement date (Level 2).

Investment securities: Fair values for investment securities are based on quoted market prices, where available (Level 1). If quoted market prices are not available, fair values are based on quoted market prices of comparable instruments (Level 2). For securities where quoted prices or market prices of similar securities are not available, fair values are calculated using discounted cash flows (Level 3).

Fair value swap: The fair value of the swap agreement entered into with the purchaser of the Visa Class B shares represents an internally developed estimate of the exposure based upon probability-weighted potential Visa litigation losses and is classified as Level 3.

Mortgage interest rate lock commitments: Mortgage IRLCs are based on current secondary market pricing and are classified as Level 2.
 
Mortgage loans held for sale: Mortgage loans held for sale are carried at their fair value. Mortgage loans held for sale are estimated using market prices for similar product types and, therefore, are classified in Level 2.
Schedule of reconciliation of level 3 input for financial instruments measured on recurring basis for the years ended December 31, 2022 and 2021, for financial instruments measured on a recurring basis and classified as Level 3: 
Level 3 Fair Value Measurements
(In thousands)Corporate debt securitiesEquity securitiesFair value swap
Balance at January 1, 2022$— $499 $(226)
Total Losses
Included in other income / expense— (60)(221)
Transfers into level 37,000 — — 
Purchases, sales, issuances and settlements, other, net— — 204 
Balance at December 31, 2022$7,000 $439 $(243)
Balance at January 1, 2021$— $485 $(226)
Total Gains
Included in other income— 14 — 
Balance at December 31, 2021$— $499 $(226)
Schedule of assets and liabilities measured at fair value on a nonrecurring basis
Fair Value Measurements at December 31, 2022 Using:
(In thousands)Level 1Level 2Level 3Balance at December 31, 2022
Individually evaluated collateral dependent loans recorded at fair value:
Commercial real estate$— $— $5,573 $5,573 
Residential real estate— — 200 200 
Total individually evaluated collateral dependent loans recorded at fair value$— $— $5,773 $5,773 
MSRs$— $1,717 $— $1,717 
OREO recorded at fair value$— $— $— $— 
Other repossessed assets$— $— $— $— 

Fair Value Measurements at December 31, 2021 Using:
(In thousands)Level 1Level 2Level 3Balance at December 31, 2021
Individually evaluated collateral dependent loans recorded at fair value:
   Commercial real estate$— $— $831 $831 
   Residential real estate— — 272 272 
Total individually evaluated collateral dependent loans recorded at fair value$— $— $1,103 $1,103 
MSRs$— $13,482 $— $13,482 
OREO recorded at fair value:
  Residential real estate— — 775 775 
Total OREO recorded at fair value$— $— $775 $775 
Other repossessed assets$— $— $2,750 $2,750 
Impaired Financing Receivables [Table Text Block]
December 31, 2022
(In thousands)Loan
Balance		Prior Charge-OffsSpecific Valuation AllowanceCarrying Balance
Total individually evaluated collateral dependent loans recorded at fair value$5,903 $1,523 $130 $5,773 
Remaining individually evaluated loans 72,438 252 3,436 69,002 
Total individually evaluated loans$78,341 $1,775 $3,566 $74,775 

December 31, 2021
(In thousands)Recorded InvestmentPrior Charge-OffsSpecific Valuation AllowanceCarrying Balance
Total individually evaluated collateral dependent loans recorded at fair value$1,291 $240 $188 $1,103 
Remaining individually evaluated loans73,211 384 1,428 71,783 
Total individually evaluated loans$74,502 $624 $1,616 $72,886 
Schedule of qualitative information about Level 3 fair value measurements for financial instruments measured at fair value on a non-recurring basis
The following tables present quantitative information about Level 3 fair value measurements for financial instruments measured at fair value on a non-recurring basis at December 31, 2022 and December 31, 2021:

December 31, 2022
(In thousands)Fair ValueValuation TechniqueUnobservable Input(s)Range (Weighted Average)
Individually evaluated collateral dependent loans:    
Commercial real estate$5,573 Sales comparison approachAdj to comparables
0.0% - 202.0% (19.4%)
Income approachCapitalization rate
7.0% - 10.0% (7.9%)
Cost approachEntrepreneurial profit
10.0% - 12.0% (11.4%)
Cost approachAccumulated depreciation
38.8% (38.8%)
Residential real estate$200 Sales comparison approachAdj to comparables
1.9% - 119.8% (17.4%)

December 31, 2021
(In thousands)Fair ValueValuation TechniqueUnobservable Input(s)Range (Weighted Average)
Individually evaluated collateral dependent loans:    
Commercial real estate$831 Sales comparison approachAdj to comparables
0.0% - 232.0% (28.3%)
Residential real estate$272 Sales comparison approachAdj to comparables
0.5% - 78.6% (11.6%)
Cost approachAccumulated depreciation
8.3% (8.3%)
Other real estate owned:
Residential real estate$775 Sales comparison approachAdj to comparables
5.0% - 32.5% (19.1%)
Fair value, by balance sheet grouping December 31, 2022 and December 31, 2021 was as follows:
December 31, 2022
  Fair Value Measurements
(In thousands)Carrying valueLevel 1Level 2Level 3Total fair value
Financial assets:
Cash and money market instruments$189,728 $189,728 $— $— $189,728 
Investment securities (1)
1,733,696 — 1,726,696 7,000 1,733,696 
Other investment securities (2)
1,859 1,420 — 439 1,859 
Mortgage loans held for sale2,149 — 2,149 — 2,149 
Mortgage IRLCs46 — 46 — 46 
Individually evaluated loans carried at fair value5,773 — — 5,773 5,773 
Other loans, net7,048,544 — — 6,918,326 6,918,326 
Loans receivable, net$7,056,512 $— $2,195 $6,924,099 $6,926,294 
Financial liabilities:     
Time deposits$554,445 $— $552,443 $— $552,443 
Other1,325 1,325 — — 1,325 
Deposits (excluding demand deposits)$555,770 $1,325 $552,443 $— $553,768 
Short-term borrowings$227,342 $— $227,342 $— $227,342 
Subordinated notes188,667 — 177,928 — 177,928 
Derivative financial instruments - assets:
Loan interest rate swaps$1,508 $— $1,508 $— $1,508 
Derivative financial instruments - liabilities:    
Fair value swap$243 $— $— $243 $243 
Loan interest rate swaps1,508 — 1,508 — 1,508 
(1) Includes debt securities AFS.
(2) Excludes FHLB stock and FRB stock which are carried at their respective redemption values, investment securities accounted for at modified cost as these investments do not have a readily determinable fair value, and Partnership Investments valued using the NAV practical expedient.
December 31, 2021
  Fair Value Measurements
(In thousands)Carrying valueLevel 1Level 2Level 3Total fair value
Financial assets:
Cash and money market instruments$219,180 $219,180 $— $— $219,180 
Investment securities (1)
1,754,140 — 1,754,140 — 1,754,140 
Other investment securities (2)
2,129 1,630 — 499 2,129 
Mortgage loans held for sale9,387 — 9,387 — 9,387 
Mortgage IRLCs333 — 333 — 333 
Individually evaluated loans carried at fair value1,103 — — 1,103 1,103 
Other loans, net6,777,102 — — 6,783,848 6,783,848 
Loans receivable, net$6,787,925 $— $9,720 $6,784,951 $6,794,671 
Financial liabilities:     
Time deposits$711,660 $— $714,307 $— $714,307 
Other1,465 1,465 — — 1,465 
Deposits (excluding demand deposits)$713,125 $1,465 $714,307 $— $715,772 
Short-term borrowings$238,786 $— $238,786 $— $238,786 
Subordinated notes188,210 — 207,912 — 207,912 
Derivative financial instruments - assets:     
Loan interest rate swaps$1,952 $— $1,952 $— $1,952 
Derivative financial instruments - liabilities:
Fair value swap$226 $— $— $226 $226 
Borrowing interest rate swap262 — 262 — 262 
Loan interest rate swaps1,952 — 1,952 — 1,952 
(1) Includes debt securities AFS.
(2) Excludes FHLB stock and FRB stock which are carried at their respective redemption values, investment securities accounted for at modified cost as these investments do not have a readily determinable fair value, and Partnership Investments valued using the NAV practical expedient.