DISCLOSURES ABOUT FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)

6 Months Ended

Jun. 30, 2024

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, 2024
Available-for-sale securities
Agency mortgage-backed securities	$	316,064	$	—	$	316,064	$	—
Agency collateralized mortgage obligations		115,964		—		115,964		—
States and political subdivisions securities		56,653		—		56,653		—
Small Business Administration securities		60,403		—		60,403		—
Interest rate derivative asset		8,943		—		8,943		—
Interest rate derivative liability		(30,071)		—		(30,071)		—
December 31, 2023
Available-for-sale securities
Agency mortgage-backed securities	$	280,231	$	—	$	280,231	$	—
Agency collateralized mortgage obligations		75,946		—		75,946		—
States and political subdivisions securities		58,137		—		58,137		—
Small Business Administration securities		63,893		—		63,893		—
Interest rate derivative asset		8,205		—		8,205		—
Interest rate derivative liability		(25,336)		—		(25,336)		—

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, 2024
Collateral-dependent loans	$	7,767	$	—	$	—	$	7,767
December 31, 2023
Collateral-dependent loans	$	7,372	$	—	$	—	$	7,372

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

	June 30, 2024						December 31, 2023
	Carrying		Fair		Hierarchy	Carrying		Fair		Hierarchy
	Amount		Value		Level	Amount		Value		Level
	(In Thousands)
Financial assets
Cash and cash equivalents	$	186,469	$	186,469	1	$	211,333	$	211,333	1
Held-to-maturity securities		191,224		165,165	2		195,023		171,193	2
Mortgage loans held for sale		13,116		13,116	2		5,849		5,849	2
Loans, net of allowance for credit losses		4,633,628		4,477,042	3		4,589,620		4,402,314	3
Interest receivable		22,420		22,420	3		21,206		21,206	3
Investment in FHLBank stock and other assets		30,052		30,052	3		26,313		26,313	3
Financial liabilities
Deposits		4,615,295		4,610,492	3		4,721,708		4,714,624	3
Short-term borrowings		550,502		550,502	3		323,453		323,453	3
Subordinated debentures		25,774		25,774	3		25,774		25,774	3
Subordinated notes		74,727		72,938	2		74,579		71,625	2
Interest payable		9,006		9,006	3		6,225		6,225	3
Unrecognized financial instruments (net of contractual value)
Commitments to originate loans		—		—	3		—		—	3
Letters of credit		45		45	3		78		78	3
Lines of credit		—		—	3		—		—	3