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Disclosures About Fair Value of Financial Instruments - Schedule Of Financial Instruments Fair Value (Tables)
12 Months Ended
Dec. 31, 2021
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, 2021

Agency mortgage-backed securities

$

229,441

$

$

229,441

$

Agency collateralized mortgage obligations

 

204,277

 

 

204,277

 

States and political subdivisions securities

 

40,015

 

 

40,015

 

Small Business Administration securities

 

27,299

 

 

27,299

 

Interest rate derivative asset

 

2,816

 

 

2,816

 

Interest rate derivative liability

 

(2,895)

 

 

(2,895)

 

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)

 

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, 2021

Collateral-dependent loans

$

1,712

$

$

$

1,712

Foreclosed assets held for sale

$

315

$

$

$

315

December 31, 2020

 

 

  

 

  

 

Impaired loans

$

1,759

$

$

$

1,759

Foreclosed assets held for sale

$

945

$

$

$

945

Schedule Of Financial Instruments Fair Value

    

December 31, 2021

    

December 31, 2020

Carrying

Fair

Hierarchy

Carrying

Fair

Hierarchy

    

Amount

    

Value

    

Level

    

Amount

    

Value

    

Level

(Dollars in Thousands)

Financial assets

Cash and cash equivalents

$

717,267

$

717,267

 

1

$

563,729

$

563,729

 

1

Mortgage loans held for sale

 

8,735

 

8,735

 

2

 

17,780

 

17,780

 

2

Loans, net of allowance for credit losses

 

4,007,500

 

4,001,362

 

3

 

4,296,804

 

4,303,909

 

3

Accrued interest receivable

 

10,705

 

10,705

 

3

 

12,793

 

12,793

 

3

Investment in FHLB stock and other assets

 

6,655

 

6,655

 

3

 

9,806

 

9,806

 

3

Financial liabilities

Deposits

 

4,552,101

 

4,552,202

 

3

 

4,516,903

 

4,523,586

 

3

Short-term borrowings

 

138,955

 

138,955

 

3

 

165,692

 

165,692

 

3

Subordinated debentures

 

25,774

 

25,774

 

3

 

25,774

 

25,774

 

3

Subordinated notes

 

73,984

 

81,000

 

2

 

148,397

 

157,032

 

2

Accrued interest payable

 

646

 

646

 

3

 

2,594

 

2,594

 

3

Unrecognized financial instruments (net of contractual value)

 

 

 

 

 

 

Commitments to originate loans

 

 

 

3

 

 

 

3

Letters of credit

 

50

 

50

 

3

 

84

 

84

 

3

Lines of credit

 

 

 

3

 

 

 

3