DISCLOSURES ABOUT FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)

6 Months Ended

Jun. 30, 2022

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)
June 30, 2022
Available-for-sale securities
Agency mortgage-backed securities	$	312,194	$	—	$	312,194	$	—
Agency collateralized mortgage obligations		75,274		—		75,274		—
States and political subdivisions securities		65,362		—		65,362		—
Small Business Administration securities		66,642		—		66,642		—
Interest rate derivative asset		7,927		—		7,927		—
Interest rate derivative liability		(7,709)		—		(7,709)		—
December 31, 2021
Available-for-sale securities
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)		—

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)
June 30, 2022
Collateral-dependent loans	$	256	$	—	$	—	$	256
Foreclosed assets held for sale	$	—	$	—	$	—	$	—
December 31, 2021
Collateral-dependent loans	$	1,712	$	—	$	—	$	1,712
Foreclosed assets held for sale	$	315	$	—	$	—	$	315

Schedule Of Financial Instruments Fair Value

	June 30, 2022						December 31, 2021
	Carrying		Fair		Hierarchy	Carrying		Fair		Hierarchy
	Amount		Value		Level	Amount		Value		Level
	(In Thousands)
Financial assets
Cash and cash equivalents	$	195,708	$	195,708	1	$	717,267	$	717,267	1
Held-to-maturity securities		215,354		199,253	2		—		—	2
Mortgage loans held for sale		2,782		2,782	2		8,735		8,735	2
Loans, net of allowance for credit losses		4,361,559		4,319,402	3		4,007,500		4,001,362	3
Interest receivable		13,558		13,558	3		10,705		10,705	3
Investment in FHLBank stock and other assets		13,364		13,364	3		6,655		6,655	3
Financial liabilities
Deposits		4,516,205		4,505,019	3		4,552,101		4,552,202	3
Short-term borrowings		317,727		317,727	3		138,955		138,955	3
Subordinated debentures		25,774		25,774	3		25,774		25,774	3
Subordinated notes		74,133		75,375	2		73,984		81,000	2
Interest payable		791		791	3		646		646	3
Unrecognized financial instruments (net of contractual value)
Commitments to originate loans		—		—	3		—		—	3
Letters of credit		36		36	3		50		50	3
Lines of credit		—		—	3		—		—	3