DISCLOSURES ABOUT FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)

6 Months Ended

Jun. 30, 2023

DISCLOSURES ABOUT FAIR VALUE OF FINANCIAL INSTRUMENTS

Schedule of fair value measurements of assets recognized in the accompanying statements of financial condition measured at fair value on a recurring basis and the level within the fair value hierarchy in which the fair value measurements

			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, 2023
Available-for-sale securities
Agency mortgage-backed securities	$	278,494	$	—	$	278,494	$	—
Agency collateralized mortgage obligations		76,500		—		76,500		—
States and political subdivisions securities		56,723		—		56,723		—
Small Business Administration securities		65,194		—		65,194		—
Interest rate derivative asset		9,789		—		9,789		—
Interest rate derivative liability		(41,098)		—		(41,098)		—
December 31, 2022
Available-for-sale securities
Agency mortgage-backed securities	$	286,482	$	—	$	286,482	$	—
Agency collateralized mortgage obligations		78,474		—		78,474		—
States and political subdivisions securities		57,495		—		57,495		—
Small Business Administration securities		68,141		—		68,141		—
Interest rate derivative asset		11,061		—		11,061		—
Interest rate derivative liability		(42,097)		—		(42,097)		—

Schedule of fair value measurements of assets measured at fair value on a 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, 2023
Collateral-dependent loans	$	7,773	$	—	$	—	$	7,773
December 31, 2022
Collateral-dependent loans	$	785	$	—	$	—	$	785

Schedule of estimated fair values of the Company's financial instruments not recorded at fair value on the statements of financial condition

	June 30, 2023						December 31, 2022
	Carrying		Fair		Hierarchy	Carrying		Fair		Hierarchy
	Amount		Value		Level	Amount		Value		Level
	(In Thousands)
Financial assets
Cash and cash equivalents	$	203,939	$	203,939	1	$	168,520	$	168,520	1
Held-to-maturity securities		198,387		173,661	2		202,495		177,765	2
Mortgage loans held for sale		10,442		10,442	2		4,811		4,811	2
Loans, net of allowance for credit losses		4,516,613		4,358,355	3		4,506,836		4,391,084	3
Interest receivable		17,178		17,178	3		19,107		19,107	3
Investment in FHLBank stock and other assets		32,758		32,758	3		30,814		30,814	3
Financial liabilities
Deposits		4,824,571		4,809,378	3		4,684,910		4,672,913	3
Short-term borrowings		131,367		131,367	3		266,426		266,426	3
Subordinated debentures		25,774		25,774	3		25,774		25,774	3
Subordinated notes		74,430		70,500	2		74,281		72,000	2
Interest payable		5,026		5,026	3		3,010		3,010	3
Unrecognized financial instruments (net of contractual value)
Commitments to originate loans		—		—	3		—		—	3
Letters of credit		54		54	3		73		73	3
Lines of credit		—		—	3		—		—	3