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Disclosures About Fair Value of Financial Instruments - Schedule Of Financial Instruments Fair Value (Tables)
12 Months Ended
Dec. 31, 2020
Disclosures About Fair Value of Financial Instruments  
Schedule of Fair Value, Assets Measured on Recurring Basis

    

    

Fair Value Measurements Using

Quoted Prices

in Active

Markets

Other

Significant

for Identical

Observable

Unobservable

 

 

Assets

 

Inputs

Inputs

     

Fair Value

     

(Level 1)

     

(Level 2)

     

(Level 3)

 

(In Thousands)

December 31, 2020

Agency mortgage-backed securities

$

169,940

$

$

169,940

$

Agency collateralized mortgage obligations

 

176,621

 

 

176,621

 

States and political subdivisions securities

 

47,325

 

 

47,325

 

Small Business Administration securities

 

21,047

 

 

21,047

 

Interest rate derivative asset

 

5,062

 

 

5,062

 

Interest rate derivative liability

 

(5,454)

 

 

(5,454)

 

December 31, 2019

 

  

 

  

 

  

 

  

Agency mortgage-backed securities

$

165,042

$

$

165,042

$

Agency collateralized mortgage obligations

 

151,950

 

 

151,950

 

States and political subdivisions securities

35,125

35,125

Small Business Administration securities

 

22,058

 

 

22,058

 

Interest rate derivative asset

 

31,476

 

 

31,476

 

Interest rate derivative liability

 

(1,547)

 

 

(1,547)

 

Schedule of Fair Value, Assets and Liabilities Measured on Nonrecurring Basis

    

Fair Value Measurements Using

Quoted

Prices

in Active

Markets

Other

Significant

 

 

for Identical

 

Observable

Unobservable

 

 

Assets

 

Inputs

Inputs

 

Fair Value

 

(Level 1)

 

(Level 2)

 

(Level 3)

 

(In Thousands)

December 31, 2020

Impaired loans

$

1,759

$

$

$

1,759

Foreclosed assets held for sale

$

945

$

$

$

945

December 31, 2019

 

 

  

 

  

 

Impaired loans

$

635

$

$

$

635

Foreclosed assets held for sale

$

1,112

$

$

$

1,112

Schedule Of Financial Instruments Fair Value

    

December 31, 2020

    

December 31, 2019

Carrying

Fair

Hierarchy

Carrying

Fair

Hierarchy

    

Amount

    

Value

    

Level

    

Amount

    

Value

    

Level

(Dollars in Thousands)

Financial assets

Cash and cash equivalents

$

563,729

$

563,729

 

1

$

220,155

$

220,155

 

1

Mortgage loans held for sale

 

17,780

 

17,780

 

2

 

9,242

 

9,242

 

2

Loans, net of allowance for loan losses

 

4,296,804

 

4,303,909

 

3

 

4,153,982

 

4,129,984

 

3

Accrued interest receivable

 

12,793

 

12,793

 

3

 

13,530

 

13,530

 

3

Investment in FHLB stock and other assets

 

9,806

 

9,806

 

3

 

13,473

 

13,473

 

3

Financial liabilities

Deposits

 

4,516,903

 

4,523,586

 

3

 

3,960,106

 

3,963,875

 

3

Short-term borrowings

 

165,692

 

165,692

 

3

 

312,324

 

312,324

 

3

Subordinated debentures

 

25,774

 

25,774

 

3

 

25,774

 

25,774

 

3

Subordinated notes

 

148,397

 

157,032

 

2

 

74,276

 

76,875

 

2

Accrued interest payable

 

2,594

 

2,594

 

3

 

4,250

 

4,250

 

3

Unrecognized financial instruments (net of
contractual value)

 

 

 

 

 

 

Commitments to originate loans

 

 

 

3

 

 

 

3

Letters of credit

 

84

 

84

 

3

 

109

 

109

 

3

Lines of credit

 

 

 

3

 

 

 

3