v3.26.1
Financial Instruments (Tables)
 3 Months Ended
Mar. 31, 2026
Investments, All Other Investments [Abstract]  
Schedule of Estimated Fair Values and Carrying Values of Financial Instruments
The carrying amounts and estimated fair values of financial instruments at March 31, 2026 were as follows:

Fair Value Measurements at March 31, 2026 Using
(in thousands)Carrying AmountLevel 1Level 2Level 3Total
Assets
Cash and due from banks$733,223 $733,223 $— $— $733,223 
Federal funds sold544 544 — — 544 
Securities, available for sale853,913 73,908 764,224 15,781 853,913 
Securities, held for maturity322,939 — 265,579 — 265,579 
Loans held for sale— — — — — 
Loans, net1,886,089 — — 1,881,395 1,881,395 
Accrued interest receivable13,920 — — 13,920 13,920 
Liabilities
Deposits$3,507,544 $— $— $3,507,868 3,507,868 
Repurchase agreements7,119 — — 7,120 7,120 
Accrued interest payable22,558 — — 22,558 22,558 
Long-term advances from Federal Home Loan Bank135,000 — — 135,745 135,745 
Senior long-term debt14,210 — — 14,266 14,266 
Junior subordinated debentures29,820 — — 30,000 30,000 
The carrying amounts and estimated fair values of financial instruments at December 31, 2025 were as follows:

Fair Value Measurements at December 31, 2025 Using
(in thousands)Carrying AmountLevel 1Level 2Level 3Total
Assets
Cash and due from banks$845,150 $845,150 $— $— $845,150 
Federal funds sold551 551 — — 551 
Securities, available for sale676,592 98,149 555,565 22,878 676,592 
Securities, held for maturity322,675 — 268,094 — 268,094 
Loans, net2,029,047 — — 2,025,685 2,025,685 
Accrued interest receivable12,455 — — 12,455 12,455 
Liabilities
Deposits$3,632,877 $— $— $3,643,821 3,643,821 
Repurchase agreements7,119 — — 7,160 7,160 
Accrued interest payable17,637 — — 17,637 17,637 
Long-term advances from Federal Home Loan Bank135,000 — — 136,529 136,529 
Senior long-term debt14,203 — — 14,266 14,266 
Junior subordinated debentures29,805 — — 30,000 30,000