FAIR VALUE (Tables)

3 Months Ended

Mar. 31, 2026

Fair Value Disclosures [Abstract]

Assets and Liabilities Measured at Fair Value on Recurring Basis

Assets and liabilities measured at fair value on a recurring basis are summarized in the following tables as of March 31, 2026, and December 31, 2025.


		March 31, 2026
		(Level 1)				(Level 2)				(Level 3)
Assets:
Available-for-sale securities:
U.S. Government-sponsored entities		$	—			$	25,879			$	—
U.S. Treasury securities			38,731				—				—
Mortgage-backed securities
Government-sponsored residential mortgage-backed securities							863,068				—
Private label residential mortgage-backed securities			—				4,203				—
Corporate			—				92,360				—
Small Business Administration loan pools			—				77,335				—
State and political subdivisions			—				23,586				—
Derivative assets:
Derivative assets (included in other assets)			—				5,547				—
Cash collateral held by counterparty and netting adjustments			(3,898	)			—				—
Total derivative assets			(3,898	)			5,547				—
Other assets:
Equity securities with readily determinable fair value			1,404				—				—
Total other assets			1,404				—				—
Total assets		$	36,237			$	1,091,978			$	—
Liabilities:
Derivative liabilities:
Derivative liabilities (included in other liabilities)		$	—			$	2,723			$	—
Cash collateral held by counterparty and netting adjustments			281				—				—
Total derivative liabilities			281				2,723				—
Total liabilities		$	281			$	2,723			$	—


		December 31, 2025
		(Level 1)				(Level 2)				(Level 3)
Assets:
Available-for-sale securities:
U.S. Government-sponsored entities		$	—			$	26,298			$	—
U.S. Treasury securities			35,250				—				—
Mortgage-backed securities
Government-sponsored residential mortgage- backed securities			—				772,145				—
Private label residential mortgage-backed securities			—				4,326				—
Corporate			—				91,798				—
Small Business Administration loan pools			—				80,205				—
State and political subdivisions			—				20,546				—
Derivative assets:
Derivative assets (included in other assets)			—				5,758				—
Cash collateral held by counterparty and netting adjustments			(3,367	)			—				—
Total derivative assets			(3,367	)			5,758				—
Other assets:
Equity securities with readily determinable fair value			1,182				—				—
Total other assets			1,182				—				—
Total assets		$	33,065			$	1,001,076			$	—
Liabilities:
Derivative liabilities:
Derivative liabilities (included in other liabilities)		$	—			$	2,808			$	—
Cash collateral held by counterparty and netting adjustments			(8	)			—				—
Total derivative liabilities			(8	)			2,808				—
Total liabilities		$	(8	)		$	2,808			$	—

Summary of Assets Measured at Fair Value on Non-recurring Basis

Assets measured at fair value on a non-recurring basis are summarized below as of March 31, 2026, and December 31, 2025.


		March 31, 2026
		(Level 1)				(Level 2)				(Level 3)
Loans individually evaluated for credit losses:
Commercial real estate		$	—			$	—			$	9,580
Commercial and industrial			—				—				18,616
Residential real estate			—				—				2,635
Agricultural real estate			—				—				1,274
Other			—				—				763
Other real estate owned:
Commercial real estate			—				—				2,173
Residential real estate			—				—				33


		December 31, 2025
		(Level 1)				(Level 2)				(Level 3)
Loans individually evaluated for credit losses:
Commercial real estate		$	—			$	—			$	5,119
Commercial and industrial			—				—				18,517
Residential real estate			—				—				2,829
Agricultural real estate			—				—				905
Other			—				—				1,257
Other real estate owned:
Commercial real estate			—				—				2,173
Residential real estate			—				—				25

Summary of Additional Information about Unobservable Inputs Used in Fair Value Measurement

The following table presents additional information about the unobservable inputs used in the fair value measurement of financial assets measured on a nonrecurring basis that were categorized with Level 3 of the fair value hierarchy as of March 31, 2026, and December 31, 2025.


		Fair Value				Valuation Technique		Unobservable Input		Range (weighted average) or Multiple of Earnings
March 31, 2026
Real estate loans individually evaluated for credit losses		$	19,384			Sales Comparison Approach		Adjustments for differences between comparable sales		4% - 17% (11%)

Commercial business		$	13,484			Market Comparable Companies		Adjustments for differences between EBITDA multiples and revenue multiples		6% - 21% (10%) .1% - 1% (1%)

Other real estate owned individually evaluated for credit losses		$	2,206			Sales Comparison Approach		Adjustments for differences between comparable sales		3% - 13% (8%)
December 31, 2025
Real estate loans individually evaluated for credit losses		$	13,337			Sales Comparison Approach		Adjustments for differences between comparable sales		4% - 22% (13%)

Commercial business		$	15,290			Market Comparable Companies		Adjustments for differences between EBITDA multiples and revenue multiples		6% - 21% (10%) .1% - 1% (1%)

Other real estate owned individually evaluated for credit losses		$	2,198			Sales Comparison Approach		Adjustments for differences between comparable sales		3% - 13% (8%)

Carrying Amount and Estimated Fair Values of Financial Instrument

Carrying amount and estimated fair values of financial instruments at period end were as follows for March 31, 2026, and December 31, 2025.


		March 31, 2026
		Carrying Amount				Estimated Fair Value				(Level 1)				(Level 2)				(Level 3)
Financial assets:
Cash and cash equivalents		$	564,165			$	564,165			$	564,165			$	—			$	—
Interest bearing deposits in other bank			932				932				—				932				—
Available-for-sale securities			1,125,162				1,125,162				38,731				1,086,431				—
Held-to-maturity securities			5,254				5,346				—				5,346				—
Loans held for sale			7,631				7,631				—				7,631				—
Loans, net of allowance for credit losses			5,364,030				5,179,690				—				—				5,179,690
Federal Reserve Bank and Federal Home Loan Bank stock			38,806				38,806				—				38,806				—
Interest receivable			39,966				39,966				—				39,966				—
Derivative assets			5,547				5,547				—				5,547				—
Cash collateral held by derivative counterparty and netting adjustments			(3,898	)			(3,898	)			(3,898	)			—				—
Total derivative assets			1,649				1,649				(3,898	)			5,547				—
Equity securities with readily determinable fair value			1,404				1,404				1,404				—				—
Total assets		$	7,148,999			$	6,964,751			$	600,402			$	1,184,659			$	5,179,690
Financial liabilities:
Deposits		$	6,300,910			$	6,295,455			$	—			$	6,295,455			$	—
Federal funds purchased and retail repurchase agreements			39,009				39,009				—				39,009				—
Federal Home Loan Bank advances			347,660				347,660				—				347,660				—
Subordinated debentures			24,401				24,401				—				24,401				—
Subordinated notes			73,862				75,362				—				75,362				—
Contractual obligations			9,678				9,678				—				9,678				—
Interest payable			7,421				7,421				—				7,421				—
Derivative liabilities			2,723				2,723				—				2,723				—
Cash collateral held by derivative counterparty and netting adjustments			281				281				281				—				—
Total derivative liabilities			3,004				3,004				281				2,723				—
Total liabilities		$	6,805,945			$	6,801,990			$	281			$	6,801,709			$	—


		December 31, 2025
		Carrying Amount				Estimated Fair Value				(Level 1)				(Level 2)				(Level 3)
Financial assets:
Cash and cash equivalents		$	607,817			$	607,817			$	607,817			$	—			$	—
Interest bearing deposits in other bank			575			$	575				—				575				—
Available-for-sale securities			1,030,568				1,030,568				35,250				995,318				—
Held-to-maturity securities			5,248				5,409				—				5,409				—
Loans held for sale			1,392				1,392				—				1,392				—
Loans, net of allowance for credit losses			4,145,424				4,126,632				—				—				4,126,632
Federal Reserve Bank and Federal Home Loan Bank stock			34,053				34,053				—				34,053				—
Interest receivable			33,322				33,322				—				33,322				—
Derivative assets			5,758				5,758				—				5,758				—
Cash collateral held by derivative counterparty and netting adjustments			(3,367	)			(3,367	)			(3,367	)			—				—
Total derivative assets			2,391				2,391				(3,367	)			5,758				—
Equity securities with readily determinable fair value			1,182				1,182				1,182				—				—
Total assets		$	5,861,972			$	5,843,341			$	640,882			$	1,075,827			$	4,126,632
Financial liabilities:
Deposits		$	5,138,264			$	5,135,904			$	—			$	5,135,904			$	—
Federal funds purchased and retail repurchase agreements			39,864				39,864				—				39,864				—
Federal Home Loan Bank advances			300,000				300,000				—				300,000				—
Subordinated debentures			24,308				24,308				—				24,308				—
Subordinated notes			73,837				75,524				—				75,524				—
Contractual obligations			10,208				10,208				—				10,208				—
Interest payable			9,757				9,757				—				9,757				—
Derivative liabilities			2,808				2,808				—				2,808				—
Cash collateral held by derivative counterparty and netting adjustments			(8	)			(8	)			(8	)			—				—
Total derivative liabilities			2,800				2,800				(8	)			2,808				—
Total liabilities		$	5,599,038			$	5,598,365			$	(8	)		$	5,598,373			$	—