Fair Values of Financial Instruments (Tables)

9 Months Ended

Sep. 30, 2026

Fair Values of Financial Instruments

Schedule of carrying amount and estimated fair values of financial instruments


		September 30, 2026
		Carrying			Fair
		Amount			Value			Level 1			Level 2			Level 3
Financial assets:
Cash and due from banks		$	42,155		$	42,155		$	42,155		$	-		$	-
Interest earning deposits with financial institutions			65,948			65,948			65,948			-			-
Securities available-for-sale			978,576			978,576			148,073			818,854			11,649
FHLBC and FRBC stock			40,811			40,811			-			40,811			-
Loans held-for-sale			1,407			1,407			-			1,407			-
Net loans			5,173,868			5,038,129			-			-			5,038,129
Mortgage servicing rights			10,690			10,690			-			-			10,690
Interest rate swap and rate cap agreements			7,002			7,002			-			7,002			-
Interest receivable on securities and loans			29,721			29,721			-			29,721			-

Financial liabilities:
Noninterest bearing deposits		$	1,671,745		$	1,671,745		$	1,671,745		$	-		$	-
Interest bearing deposits			3,655,819			3,646,913			-			3,646,913			-
Securities sold under repurchase agreements			29,908			29,908			-			29,908			-
Other short-term borrowings			395,000			395,000			-			395,000			-
Junior subordinated debentures			25,774			21,521			-			21,521			-
Subordinated debentures			29,808			28,908			-			28,908			-
Note payable and other borrowings			9,893			9,875			-			9,875			-
Interest rate swap and rate cap agreements			2,025			2,025			-			2,025			-
Interest rate lock commitments and forward contracts			20			20			-			20			-
Interest payable on deposits and borrowings			3,979			3,979			-			3,979			-


		December 31, 2025
		Carrying			Fair
		Amount			Value			Level 1			Level 2			Level 3
Financial assets:
Cash and due from banks		$	51,665		$	51,665		$	51,665		$	-		$	-
Interest earning deposits with financial institutions			72,360			72,360			72,360			-			-
Securities available-for-sale			1,090,523			1,090,523			165,860			912,866			11,797
FHLBC and FRBC stock			32,025			32,025			-			32,025			-
Loans held-for-sale			3,645			3,645			-			3,645			-
Net loans			5,179,830			5,032,472			-			-			5,032,472
Mortgage servicing rights			9,459			9,459			-			-			9,459
Interest rate swap and rate cap agreements			4,298			4,298			-			4,298			-
Interest rate lock commitments and forward contracts			31			31			-			31			-
Interest receivable on securities and loans			30,344			30,344			-			30,344			-

Financial liabilities:
Noninterest bearing deposits		$	1,739,117		$	1,739,117		$	1,739,117		$	-		$	-
Interest bearing deposits			3,856,952			3,850,530			-			3,850,530			-
Securities sold under repurchase agreements			23,769			23,769			-			23,769			-
Other short-term borrowings			215,000			215,000			-			215,000			-
Junior subordinated debentures			25,774			21,522			-			21,522			-
Subordinated debentures			59,552			57,973			-			57,973			-
Note payable and other borrowings			14,825			15,049			-			15,049			-
Interest rate swap and rate cap agreements			1,143			1,143			-			1,143			-
Interest payable on deposits and borrowings			5,451			5,451			-			5,451			-