Central Pacific Financial (CPF) 10-Q 30 Oct 24 2024 Q3 Quarterly report Financial data

Cover Page

Cover Page - shares	9 Months Ended
	Sep. 30, 2024	Oct. 18, 2024
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2024
Document Transition Report	false
Entity File Number	001-31567
Entity Registrant Name	CENTRAL PACIFIC FINANCIAL CORP
Entity Incorporation, State or Country Code	HI
Entity Tax Identification Number	99-0212597
Entity Address, Address Line One	220 South King Street
Entity Address, City or Town	Honolulu
Entity Address, State or Province	HI
Entity Address, Postal Zip Code	96813
City Area Code	808
Local Phone Number	544-0500
Title of 12(b) Security	Common stock, No Par Value
Trading Symbol	CPF
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		27,064,501
Entity Central Index Key	0000701347
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	Q3
Amendment Flag	false

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Assets
Cash and due from financial institutions	$ 100,064	$ 116,181
Interest-bearing deposits in other financial institutions	226,505	406,256
Investment securities:
Available-for-sale debt securities, at fair value	723,453	647,210
Held-to-maturity debt securities, at amortized cost; fair value of: $546,990 at September 30, 2024 and $565,178 at December 31, 2023	606,117	632,338
Total investment securities	1,329,570	1,279,548
Loans held for sale	1,609	1,778
Loans	5,342,609	5,438,982
Less: allowance for credit losses	61,647	63,934
Loans, net of allowance for credit losses	5,280,962	5,375,048
Premises and equipment, net	104,575	96,184
Accrued interest receivable	23,942	21,511
Investment in unconsolidated entities	54,836	41,546
Mortgage servicing rights, net	8,513	8,696
Bank-owned life insurance	175,914	170,706
Federal Home Loan Bank of Des Moines ("FHLB") stock	6,929	6,793
Right-of-use lease assets	32,192	29,720
Other assets	69,819	88,829
Total assets	7,415,430	7,642,796
Deposits:
Noninterest-bearing demand	1,838,009	1,913,379
Interest-bearing demand	1,255,382	1,329,189
Savings and money market	2,336,323	2,209,733
Time	1,153,299	1,395,291
Total deposits	6,583,013	6,847,592
Long-term debt, net of unamortized debt issuance costs of $263 at September 30, 2024 and $445 at December 31, 2023	156,284	156,102
Lease liabilities	33,807	30,634
Accrued interest payable	12,980	18,948
Other liabilities	85,621	85,705
Total liabilities	6,871,705	7,138,981
Contingent liabilities and other commitments (see Note 16)
Equity
Preferred stock, no par value, authorized 1,000,000 shares; issued and outstanding: none at September 30, 2024 and December 31, 2023	0	0
Common stock, no par value, authorized 185,000,000 shares; issued and outstanding: 27,064,501 at September 30, 2024 and 27,045,033 at December 31, 2023	404,494	405,439
Additional paid-in capital	104,794	102,982
Retained earnings	138,951	117,990
Accumulated other comprehensive loss	(104,514)	(122,596)
Total equity	543,725	503,815
Total liabilities and equity	$ 7,415,430	$ 7,642,796

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Statement of Financial Position [Abstract]
Held to maturity debt securities, fair value	$ 546,990	$ 565,178
Unamortized debt issuance costs	$ 263	$ 445
Preferred stock, par value (in dollars per share)	$ 0	$ 0
Preferred stock, authorized (in shares)	1,000,000	1,000,000
Preferred stock, issued (in shares)	0	0
Preferred stock, outstanding (in shares)	0	0
Common stock, par value (in dollars per share)	$ 0	$ 0
Common stock, authorized (in shares)	185,000,000	185,000,000
Common stock, issued (in shares)	27,064,501	27,045,033
Common stock, outstanding (in shares)	27,064,501	27,045,033

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Interest income:
Interest and fees on loans	$ 65,469	$ 62,162	$ 192,710	$ 180,886
Interest and dividends on investment securities:
Taxable investment securities	8,975	7,016	24,652	21,497
Tax-exempt investment securities	551	709	1,804	2,226
Interest on deposits in other financial institutions	2,775	2,412	8,589	3,566
Dividend income on FHLB stock	127	113	384	369
Total interest income	77,897	72,412	228,139	208,544
Interest on deposits:
Demand	484	460	1,473	1,234
Savings and money market	10,235	6,464	27,655	14,520
Time	11,040	11,268	36,203	26,464
Interest on short-term borrowings	0	0	1	1,139
Interest on long-term debt	2,287	2,292	6,848	6,329
Total interest expense	24,046	20,484	72,180	49,686
Net interest income	53,851	51,928	155,959	158,858
Provision for credit losses	2,833	4,874	9,008	11,045
Net interest income after provision for credit losses	51,018	47,054	146,951	147,813
Other operating income:
Mortgage banking income	822	765	2,475	1,981
Service charges on deposit accounts	2,167	2,193	6,405	6,441
Other service charges and fees	5,947	5,203	17,077	15,182
Income from fiduciary activities	1,447	1,234	4,331	3,623
Income from bank-owned life insurance	1,897	379	4,653	2,855
Net loss on sales of investment securities	0	(135)	0	(135)
Other	454	408	1,158	1,544
Total other operating income	12,734	10,047	36,099	31,491
Other operating expense:
Salaries and employee benefits	22,299	19,015	64,280	61,886
Net occupancy	4,612	4,725	13,809	13,509
Computer software	4,590	4,473	13,258	13,700
Legal and professional services	2,460	2,359	7,286	7,714
Equipment	972	1,112	2,977	2,990
Advertising	889	968	2,704	2,843
Communication	740	809	2,234	2,378
Other	10,125	6,150	21,866	16,601
Total other operating expense	46,687	39,611	128,414	121,621
Income before income taxes	17,065	17,490	54,636	57,683
Income tax expense	3,760	4,349	12,569	13,880
Net income	$ 13,305	$ 13,141	$ 42,067	$ 43,803
Per common share data:
Basic earnings per share (in dollars per share)	$ 0.49	$ 0.49	$ 1.55	$ 1.62
Diluted earnings per share (in dollars per share)	$ 0.49	$ 0.49	$ 1.55	$ 1.62
Basic weighted average shares outstanding (in shares)	27,064,035	27,042,762	27,054,737	27,022,141
Diluted weighted average shares outstanding (in shares)	27,194,625	27,079,484	27,137,985	27,081,541

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Statement of Comprehensive Income [Abstract]
Net income	$ 13,305	$ 13,141	$ 42,067	$ 43,803
Other comprehensive income (loss), net of tax:
Net change in fair value of available-for-sale investment securities	19,942	(18,061)	15,036	(12,880)
Amortization of unrealized losses on investment securities transferred to held-to-maturity	1,413	1,488	3,993	4,164
Net change in fair value of derivatives	(3,177)	2,313	(946)	3,190
Supplemental Executive Retirement Plans	(1)	(12)	(1)	(37)
Total other comprehensive income (loss), net of tax	18,177	(14,272)	18,082	(5,563)
Comprehensive income (loss)	$ 31,482	$ (1,131)	$ 60,149	$ 38,240

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($) $ in Thousands	Total	Common Shares Outstanding	Common Stock	Additional Paid-In Capital	Retained Earnings	Accum. Other Comp. Loss
Beginning balance (in shares) at Dec. 31, 2022		27,025,070
Beginning balance at Dec. 31, 2022	$ 452,871		$ 408,071	$ 101,346	$ 87,438	$ (143,984)
Increase (Decrease) in Shareholders' Equity
Net income	16,187				16,187
Other comprehensive income (loss)	11,256					11,256
Cash dividends declared	(7,025)				(7,025)
Common stock repurchased and retired and other related costs (in shares)		(101,760)
Common stock repurchased and retired and other related costs	(2,205)		(2,205)
Share-based compensation (in shares)		82,235
Share-based compensation	(158)		0	(158)
Ending balance (in shares) at Mar. 31, 2023		27,005,545
Ending balance at Mar. 31, 2023	470,926		405,866	101,188	96,600	(132,728)
Beginning balance (in shares) at Dec. 31, 2022		27,025,070
Beginning balance at Dec. 31, 2022	452,871		408,071	101,346	87,438	(143,984)
Increase (Decrease) in Shareholders' Equity
Net income	43,803
Other comprehensive income (loss)	(5,563)					(5,563)
Ending balance (in shares) at Sep. 30, 2023		27,043,169
Ending balance at Sep. 30, 2023	468,598		405,439	102,550	110,156	(149,547)
Beginning balance (in shares) at Mar. 31, 2023		27,005,545
Beginning balance at Mar. 31, 2023	470,926		405,866	101,188	96,600	(132,728)
Increase (Decrease) in Shareholders' Equity
Net income	14,475				14,475
Other comprehensive income (loss)	(2,547)					(2,547)
Cash dividends declared	(7,029)				(7,029)
Common stock repurchased and retired and other related costs (in shares)		(23,750)
Common stock repurchased and retired and other related costs	(355)		(355)
Share-based compensation (in shares)		63,997
Share-based compensation	809			809
Ending balance (in shares) at Jun. 30, 2023		27,045,792
Ending balance at Jun. 30, 2023	476,279		405,511	101,997	104,046	(135,275)
Increase (Decrease) in Shareholders' Equity
Net income	13,141				13,141
Other comprehensive income (loss)	(14,272)					(14,272)
Cash dividends declared	(7,031)				(7,031)
Common stock repurchased and retired and other related costs (in shares)		(4,500)
Common stock repurchased and retired and other related costs	(72)		(72)		0
Share-based compensation (in shares)		1,877
Share-based compensation	553		0	553
Ending balance (in shares) at Sep. 30, 2023		27,043,169
Ending balance at Sep. 30, 2023	$ 468,598		405,439	102,550	110,156	(149,547)
Beginning balance (in shares) at Dec. 31, 2023	27,045,033	27,045,033
Beginning balance at Dec. 31, 2023	$ 503,815		405,439	102,982	117,990	(122,596)
Increase (Decrease) in Shareholders' Equity
Net income	12,945				12,945
Other comprehensive income (loss)	(1,727)					(1,727)
Cash dividends declared	(7,033)				(7,033)
Common stock repurchased and retired and other related costs (in shares)		(49,960)
Common stock repurchased and retired and other related costs	(945)		(945)
Share-based compensation (in shares)		47,253
Share-based compensation	148			148
Ending balance (in shares) at Mar. 31, 2024		27,042,326
Ending balance at Mar. 31, 2024	$ 507,203		404,494	103,130	123,902	(124,323)
Beginning balance (in shares) at Dec. 31, 2023	27,045,033	27,045,033
Beginning balance at Dec. 31, 2023	$ 503,815		405,439	102,982	117,990	(122,596)
Increase (Decrease) in Shareholders' Equity
Net income	42,067
Other comprehensive income (loss)	$ 18,082					18,082
Ending balance (in shares) at Sep. 30, 2024	27,064,501	27,064,501
Ending balance at Sep. 30, 2024	$ 543,725		404,494	104,794	138,951	(104,514)
Beginning balance (in shares) at Mar. 31, 2024		27,042,326
Beginning balance at Mar. 31, 2024	507,203		404,494	103,130	123,902	(124,323)
Increase (Decrease) in Shareholders' Equity
Net income	15,817				15,817
Other comprehensive income (loss)	1,632					1,632
Cash dividends declared	(7,036)				(7,036)
Share-based compensation (in shares)		21,318
Share-based compensation	1,031			1,031
Ending balance (in shares) at Jun. 30, 2024		27,063,644
Ending balance at Jun. 30, 2024	518,647		404,494	104,161	132,683	(122,691)
Increase (Decrease) in Shareholders' Equity
Net income	13,305				13,305
Other comprehensive income (loss)	18,177					18,177
Cash dividends declared	(7,037)				(7,037)
Share-based compensation (in shares)		857
Share-based compensation	$ 633			633
Ending balance (in shares) at Sep. 30, 2024	27,064,501	27,064,501
Ending balance at Sep. 30, 2024	$ 543,725		$ 404,494	$ 104,794	$ 138,951	$ (104,514)

CONSOLIDATED STATEMENTS OF CH_2

CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (Parenthetical) - $ / shares	3 Months Ended
	Sep. 30, 2024	Jun. 30, 2024	Mar. 31, 2024	Sep. 30, 2023	Jun. 30, 2023	Mar. 31, 2023
Statement of Stockholders' Equity [Abstract]
Cash dividends declared (in dollars per share)	$ 0.26	$ 0.26	$ 0.26	$ 0.26	$ 0.26	$ 0.26

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Cash flows from operating activities:
Net income	$ 42,067	$ 43,803
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for credit losses	9,008	11,045
Depreciation and amortization of premises and equipment	5,133	5,204
Loss on disposal of premises and equipment	55	9
Cash flows from operating leases	(4,246)	(3,950)
Amortization of mortgage servicing rights	583	538
Net amortization and accretion of premium/discounts on investment securities	1,558	2,385
Share-based compensation	1,812	1,204
Net gain on sales of residential mortgage loans	(923)	(565)
Proceeds from sales of loans held for sale	47,771	30,143
Originations of loans held for sale	(46,679)	(28,473)
Equity in losses of and distributions from unconsolidated entities	24	56
Net increase in cash surrender value of bank-owned life insurance	(4,653)	(3,203)
Deferred income tax expense	13,369	8,955
Net tax expense (benefit) from share-based compensation	191	(20)
Net change in other assets and liabilities	(858)	16,234
Net cash provided by operating activities	64,212	83,500
Cash flows from investing activities:
Proceeds from maturities of and calls on available-for-sale investment securities	38,819	44,812
Purchases of investment securities available-for-sale	(95,533)	(19,057)
Proceeds from sale of investment securities	0	1,405
Proceeds from maturities of and calls on held-to-maturity investment securities	30,987	29,823
Net repayments of loans	111,592	46,520
Purchases of loan portfolios	(27,115)	(19,659)
Proceeds from sales of loans originated for investment	0	9,629
Purchases of bank-owned life insurance	(2,803)	0
Proceeds from bank-owned life insurance death benefits	2,248	2,627
Net purchases of premises, equipment and land	(13,579)	(10,969)
Net return of capital from unconsolidated entities	0	495
Contributions to unconsolidated entities	(17,930)	(395)
Net sales of FHLB stock	(136)	(1,849)
Net cash provided by investing activities	26,550	83,382
Cash flows from financing activities:
Net (decrease) increase in deposits	(264,579)	138,522
Net decrease in FHLB advances and other short-term borrowings	0	(5,000)
Proceeds from long-term debt	0	50,000
Cash dividends paid on common stock	(21,106)	(21,085)
Repurchases of common stock and other related costs	(945)	(2,632)
Net cash (used in) provided by financing activities	(286,630)	159,805
Net (decrease) increase in cash and cash equivalents	(195,868)	326,687
Cash and cash equivalents at beginning of period	522,437	112,044
Cash and cash equivalents at end of period	326,569	438,731
Cash paid during the period for:
Interest	78,148	37,673
Income taxes	0	7,316
Supplemental disclosure of non-cash information:
Lease liabilities arising from obtaining right-of-use lease assets	6,187	0
Amortization of unrealized losses on investment securities transferred to held-to-maturity at fair value	$ 5,425	$ 3,644

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	9 Months Ended
	Sep. 30, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation The accompanying unaudited consolidated financial statements of Central Pacific Financial Corp. and Subsidiaries (herein referred to as the "Company," "we," "us," or "our") have been prepared in accordance with U.S. generally accepted accounting principles ("GAAP") for interim financial information and instructions to Form 10-Q and Rule 10-01 of Regulation S-X. Accordingly, certain information and footnote disclosures normally included in financial statements prepared in accordance with GAAP have been condensed or omitted pursuant to such rules and regulations. These interim condensed consolidated financial statements and notes should be read in conjunction with the Company's consolidated financial statements and notes thereto filed on Form 10-K for the fiscal year ended December 31, 2023. In the opinion of management, all adjustments necessary for a fair presentation have been made and include all normal recurring adjustments. Interim results of operations are not necessarily indicative of results to be expected for the year. Allowance for Credit Losses for Loans The allowance for credit losses ("ACL") for loans is a valuation account that is deducted from the amortized cost basis of loans to present the net amount expected to be collected on loans. The Company’s policy is to charge off a loan against the ACL during the period in which the loan is deemed to be uncollectible and all interest previously accrued but uncollected, is reversed against current period interest income. Subsequent receipts, if any, are credited first to the remaining principal, then to the ACL for loans as recoveries, and finally to interest income. The ACL for loans represents management's estimate of all expected credit losses over the expected life of the Company’s loan portfolio as of a given balance sheet date. Management estimates the ACL balance using relevant information available from both internal and external sources, regarding the collectability of cash flows impacted by past events, current conditions, and reasonable and supportable forecasts of future economic conditions. When the Company is unable to forecast future economic events, management may revert to historical information. The Company's ACL model incorporates a reasonable and supportable forecast period of one year and reverts to historical loss information on a straight-line basis over one year when its forecast is no longer deemed reasonable and supportable. Historical loss experience provides the basis for the Company’s expected credit loss estimate. Adjustments to historical loss information may be made for differences in current loan-specific risk characteristics, such as differences in underwriting standards, portfolio mix, or when historical asset terms do not reflect the contractual terms of the financial assets being evaluated. The Company's ACL model may also consider other adjustments to address changes in conditions, trends, and circumstances such as local industry changes that could have a significant impact on the risk profile of the loan portfolio and provide for adjustments that may not be reflected or captured in the historical loss data. These factors include: lending policies, imprecision in forecasting future economic conditions, loan profile, lending staff, problem loan trends, loan review, collateral, credit concentration, or other internal and external factors. The Company uses Moody’s Analytics ("Moody's"), a firm widely recognized and used for its research, analysis, and economic forecasts, for its economic forecast assumptions. The Company generally uses Moody’s most recent Baseline forecast, which is updated at least monthly with a variety of upside and downside economic scenarios and includes both national and Hawaii-specific economic indicators. In addition, the Company uses a qualitative factor for forecast imprecision to account for economic and market volatility or instability. The ACL for loans is measured on a collective or pool basis when similar risk characteristics exist. The following is a description and the risk characteristics of each segment: Commercial and industrial loans - SBA Paycheck Protection Program loans Paycheck Protection Program (“PPP”) loans are considered lower risk as they are guaranteed by the Small Business Administration (“SBA”) and may be forgivable in whole or in part in accordance with the requirements of the PPP. Commercial and industrial loans - Others Commercial and industrial loans consist primarily of term loans and lines of credit to small- and middle-market businesses and professionals. The predominant risk characteristics of this segment are the cash flows of the business we lend to, global cash flows including guarantor liquidity, as well as economic and market conditions. Although our underwriting policy and practice generally requires secondary sources of support or collateral to mitigate risk, cash flow generated from the borrower’s business is typically regarded as the principal source of repayment. Construction loans Construction loans include both residential and commercial development projects. Each construction project is evaluated for economic viability and construction loans pose higher credit risks than typical secured loans. Financial strength of the borrower, completion risk (the risk that the project will not be completed on time and within budget) and geographic location are the predominant risk characteristics of this segment. Commercial real estate loans - Multi-family Multi-family mortgage loans can comprise multi-building properties with extensive amenities or a single building with no amenities. The predominant risk characteristic of this segment is operating risk or the ability to generate sufficient rental income from the operation of the property. Commercial real estate loans - Others Commercial real estate loans are secured by commercial properties. The predominant risk characteristic of this segment is operating risk, which is the risk that the borrower will be unable to generate sufficient cash flows from the operation of the property. Interest rate conditions and the commercial real estate market through economic cycles also impact risk levels. Residential mortgage loans Residential mortgage loans primarily includes fixed-rate or adjustable-rate loans secured by single-family owner-occupied primary residences in Hawaii. Economic conditions such as unemployment levels, future changes in interest rates, Hawaii home prices and other market factors impact the level of credit risk inherent in the portfolio. Home equity lines of credit Home equity lines of credit include fixed or floating interest rate loans and are also primarily secured by single-family owner-occupied primary residences in Hawaii. They are underwritten based on a minimum FICO score, maximum debt-to-income ratio, and maximum combined loan-to-value ratio. Home equity lines of credit are monitored based on credit score, delinquency, end of draw period and maturity. Consumer loans - Other revolving Other revolving consumer loans consist of unsecured consumer lines of credit. The predominant risk characteristics of this segment relate to current and projected economic conditions, as well as employment and income levels attributed to the borrower. Consumer loans - Non-revolving Non-revolving consumer loans consist of non-revolving (term) consumer loans, including automobile dealer loans. The predominant risk characteristics of this segment relate to current and projected economic conditions, as well as employment and income levels attributed to the borrower. Purchased consumer loans Purchased consumer loans consist of dealer and unsecured consumer loans. Credit risk for purchased consumer loans is managed on a pooled basis. The predominant risk characteristics of this segment include current and projected economic conditions, employment and income levels, and the quality of purchased consumer loans. The following table presents the Company's loan portfolio segments and the methodology used to measure expected credit losses. The historical look-back period is 2008 to present, economic forecast length is one year and the reversion method is one year (on a straight-line basis) for all segments. Expected Credit Loss Methodology Historical Look-Back Period Economic Forecast Length Reversion Method Loan Segment After June 30, 2023 June 30, 2023 Commercial and industrial - SBA PPP Zero Loss Zero Loss 2008 to present One year One year Commercial and industrial - All others DCF PD/LGD Construction DCF PD/LGD Commercial real estate - Multi-family DCF PD/LGD Commercial real estate - All others DCF PD/LGD Residential mortgage DCF Loss-Rate Migration Home equity DCF Loss-Rate Migration Consumer - Other revolving DCF Loss-Rate Migration Consumer - Non-revolving DCF Loss-Rate Migration Consumer - Purchased portfolios WARM WARM During the third quarter of 2023, the Company updated its methodology to measure expected credit losses from the Probability of Default/Loss Given Default ("PD/LGD") or Loss-Rate Migration methods to the Discounted Cash Flow ("DCF") method for all segments except the SBA PPP and purchased consumer loan segments. The Company believes that the DCF methodology has better alignment with the Current Expected Credit Losses ("CECL") standard for forward looking forecasting, while also factoring in more detailed assumptions. At the time of the methodology update, the Company ran the ACL model under both the current and previous methodologies and noted that the changes to the ACL model and the differences in methodologies did not result in a material impact to the Company's financial statements and as a percentage of the ACL. The Company is utilizing an industry leading software platform to perform the DCF analysis using a historical look back period of 2008 to present. The Company continues to use the Moody's baseline forecast with an economic forecast length of one year and a one-year, straight-line reversion method. We revert to the historical average of the macroeconomic variables being used. Forecast models exclude the post-2019 COVID-19 pandemic period due to abnormal and volatile behavior. The ACL on the purchased consumer loan portfolios continues to be calculated using the Remaining Life methodology (also known as the Weighted Average Remaining Maturity or "WARM" methodology) as this portfolio is evaluated on a pooled basis. Because SBA PPP loans are guaranteed by the SBA and may be forgivable in whole or in part in accordance with the requirements of the PPP we anticipate zero losses on these loans and accordingly apply a Zero Loss methodology. The following is a description of the methodologies utilized to measure expected credit losses from the third quarter of 2023 to present: Discounted Cash Flow The DCF methodology calculates CECL reserves as the difference between the amortized cost of a loan and the discounted expected value of future cash flows. Expected future cash flows are calculated based on assumptions of PD/LGD, prepayments and recovery rates, and are discounted using the loan’s effective interest rate. Remaining Life or Weighted Average Remaining Maturity Under the remaining life or WARM methodology, lifetime losses are calculated by determining the remaining life of the loan pool, and then applying a loss rate over this remaining life of the loan. The methodology considers historical loss experience to estimate credit losses for the remaining balance of the loan pool. The calculated loss rate is applied to the contractual term (adjusted for prepayments) to determine the loan pool’s current expected credit losses. The following is a description of the methodologies utilized to measure expected credit losses as of June 30, 2023 and prior: Probability of Default/Loss Given Default The PD/LGD calculation is based on a cohort methodology whereby loans in the same cohort are tracked over time to identify defaults and corresponding losses. PD/LGD analysis requires a portfolio segmented into pools, and we elected to then further sub-segment by risk characteristics such as Risk Rating, loans modified for borrowers experiencing financial difficulty, TDRs prior to the adoption of ASU 2022-02 and nonaccrual status to measure losses accurately. PD measures the count or dollar amount of loans that defaulted in a given cohort. LGD measures the losses related to the loans that defaulted. Total loss rate is calculated using the formula 'PD times LGD'. Loss-Rate Migration Loss-rate migration analysis is a cohort-based approach that measures cumulative net charge-offs over a defined time-horizon to calculate a loss rate that will be applied to the loan pool. Loss-rate migration analysis requires the portfolio to be segmented into pools then further sub-segmented by risk characteristics such as days past due, delinquency counters, loans modified for borrowers experiencing financial difficulty, TDRs prior to the adoption of ASU 2022-02 and nonaccrual status to measure loss rates accurately. The key inputs to run a loss-rate migration analysis are the length and frequency of the migration period, the dates for the migration periods to start and the number of migration periods used for the analysis. For each migration period, the analysis will determine the outstanding balance in each segment and/or sub-segment at the start of each period. These loans will then be followed for the length of the migration period to identify the amount of associated charge-offs and recoveries. A loss rate for each migration period is calculated using the formula: net charge-offs over the period divided by beginning loan balance. Other Under both the previous and current methodologies utilized to measure expected credit losses, if a loan ceases to share similar risk characteristics with other loans in its segment, it will be moved to a different pool sharing similar risk characteristics. Loans that do not share risk characteristics are evaluated on an individual basis based on the fair value of the collateral or other approaches such as the discounted cash flows methodology. Individually evaluated loans are not included in the collective evaluation. Impact of Recently Issued Accounting Pronouncements on Future Filings In December 2023, the FASB issued ASU 2023-09, "Income Taxes (Topic 740): Improvements to Income Tax Disclosures" . ASU 2023-09 expands existing income tax disclosures for rate reconciliations by requiring disclosure of certain specific categories in the rate reconciliation, as well as additional qualitative information about the reconciliation, and additional disaggregated information about income taxes paid. ASU 2023-09 is effective for fiscal years beginning after December 15, 2024, with early adoption permitted, and is to be applied on a prospective basis. The Company does not expect ASU 2023-09 to have a material impact on its consolidated financial statements.

INVESTMENT SECURITIES

INVESTMENT SECURITIES	3 Months Ended
	Dec. 31, 2023
Investments, Debt and Equity Securities [Abstract]
INVESTMENT SECURITIES	2. INVESTMENT SECURITIES The amortized cost, gross unrecognized/unrealized gains and losses, fair value and related ACL on available-for-sale ("AFS") and held-to-maturity ("HTM") debt securities at September 30, 2024 and December 31, 2023 are as follows: Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value ACL (dollars in thousands) September 30, 2024 Available-for-sale: Debt securities: States and political subdivisions $ 147,833 $ 18 $ (24,670) $ 123,181 $ — Corporate securities 35,373 — (2,819) 32,554 — U.S. Treasury and other government-sponsored entities and agencies 59,632 1,323 (1,725) 59,230 — Mortgage-backed securities: Residential - U.S. government-sponsored entities and agencies 433,493 857 (48,054) 386,296 — Residential - Non-government agencies 18,085 471 (722) 17,834 — Commercial - U.S. government-sponsored entities and agencies 101,018 425 (12,414) 89,029 — Commercial - Non-government agencies 15,331 5 (7) 15,329 — Total available-for-sale investment securities $ 810,765 $ 3,099 $ (90,411) $ 723,453 $ — Amortized Cost Gross Unrecognized Gains Gross Unrecognized Losses Fair Value ACL (dollars in thousands) September 30, 2024 Held-to-maturity: Debt securities: States and political subdivisions $ 42,013 $ — $ (7,283) $ 34,730 $ — Mortgage-backed securities: Residential - U.S. government-sponsored entities and agencies 564,104 63 (51,907) 512,260 — Total held-to-maturity investment securities $ 606,117 $ 63 $ (59,190) $ 546,990 $ — Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value ACL (dollars in thousands) December 31, 2023 Available-for-sale: Debt securities: States and political subdivisions $ 156,432 $ 13 $ (29,810) $ 126,635 $ — Corporate securities 35,731 — (4,317) 31,414 — U.S. Treasury and other government-sponsored entities and agencies 28,105 33 (1,941) 26,197 — Mortgage-backed securities: Residential - U.S. government-sponsored entities and agencies 441,898 95 (63,607) 378,386 — Residential - Non-government agencies 19,322 366 (980) 18,708 — Commercial - U.S. government-sponsored entities and agencies 58,318 — (7,404) 50,914 — Commercial - Non-government agencies 15,144 — (188) 14,956 — Total available-for-sale investment securities $ 754,950 $ 507 $ (108,247) $ 647,210 $ — Amortized Cost Gross Unrecognized Gains Gross Unrecognized Losses Fair Value ACL (dollars in thousands) December 31, 2023 Held-to-maturity: Debt securities: States and political subdivisions $ 41,959 $ — $ (6,706) $ 35,253 $ — Mortgage-backed securities: Residential - U.S. government-sponsored entities and agencies 590,379 61 (60,515) 529,925 — Total held-to-maturity investment securities $ 632,338 $ 61 $ (67,221) $ 565,178 $ — During the first quarter of 2022, the Company entered into a forward starting interest rate swap, with a notional amount of $115.5 million, that was designated as a fair value hedge of certain municipal debt securities. The Company pays the counterparty a fixed rate of 2.095% and receives a floating rate based on the Federal Funds effective rate. The fair value hedge became effective on March 31, 2024 and has a maturity date of March 31, 2029. During the three and nine months ended September 30, 2024, the Company recorded income from the interest rate swap of $1.1 million and $1.9 million, respectively, in interest income on taxable investment securities on the Company's consolidated statements of income. During the three and nine months ended September 30, 2024, the Company recorded a total of $1.9 million and $5.4 million, respectively, in amortization of unrecognized losses on investment securities transferred from AFS to HTM. During the three and nine months ended September 30, 2023, the Company recorded a total of $2.0 million and $5.7 million, respectively, in amortization of unrecognized losses on investment securities transferred from AFS to HTM. The Company elected to not measure an estimate of credit losses on accrued interest receivable as the Company writes off any uncollectible accrued interest receivable in a timely manner. Accrued interest receivable Accrued interest receivable on investment securities totaled $4.2 million and $4.0 million as of September 30, 2024 and December 31, 2023, respectively. The amortized cost, estimated fair value and weighted average yield of our AFS and HTM debt securities at September 30, 2024, by contractual maturity, are shown below. Expected maturities may differ from contractual maturities because issuers may have the right to call or prepay obligations with or without call or prepayment penalties. Securities not due at a single maturity date are shown separately. (dollars in thousands) Amortized Cost Fair Value Weighted Average Yield (1) Available-for-sale: Debt securities: Due in one year or less $ 4,287 $ 4,300 5.88 % Due after one year through five years 58,844 56,071 2.78 Due after five years through ten years 58,523 57,627 3.92 Due after ten years 121,184 96,967 2.43 Mortgage-backed securities: Residential - U.S. government-sponsored entities and agencies 433,493 386,296 2.27 Residential - Non-government agencies 18,085 17,834 5.59 Commercial - U.S. government-sponsored entities and agencies 101,018 89,029 2.73 Commercial - Non-government agencies 15,331 15,329 4.55 Total available-for-sale securities $ 810,765 $ 723,453 2.67 % (dollars in thousands) Amortized Cost Fair Value Weighted Average Yield (1) Held-to-maturity: Debt securities: Due after ten years $ 42,013 $ 34,730 2.26 % Mortgage-backed securities: Residential - U.S. government-sponsored entities and agencies 564,104 512,260 1.90 Total held-to-maturity securities $ 606,117 $ 546,990 1.92 % (1) Weighted-average yields are computed on an annual basis, and yields on tax-exempt obligations are computed on a taxable-equivalent basis using a federal statutory tax rate of 21% The Company did not sell any investment securities during the three and nine months ended September 30, 2024. During the three and nine months ended September 30, 2023, the Company sold two AFS commercial mortgage-backed securities issued by non-government agencies. The investment securities had a cost basis of $1.5 million and were sold at a loss of $0.1 million. Investment securities with carrying values totaling $796.8 million and $990.4 million at September 30, 2024 and December 31, 2023, respectively, were pledged to secure public funds on deposit, Federal Reserve Bank borrowings and other financial transactions. There were no holdings of investment securities of any one issuer, other than the U.S. Government and its agencies, in an amount greater than 10% of shareholders' equity at September 30, 2024 and December 31, 2023. Th e following tables summarize AFS and HTM investment securities, which were in a loss position as of the dates presented, aggregated by major security type and length of time in a continuous loss position. There were a total of 212 and 208 AFS investment securities which were in an unrealized loss position, without an ACL, at September 30, 2024 and December 31, 2023, respectively. There were a total of 82 HTM investment securities which were in an unrecognized loss position, without an ACL, at September 30, 2024 and December 31, 2023. Less Than 12 Months 12 Months or Longer Total (dollars in thousands) Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses September 30, 2024 Available-for-sale: Debt securities: States and political subdivisions $ 4,600 $ (33) $ 111,552 $ (24,637) $ 116,152 $ (24,670) Corporate securities — — 32,554 (2,819) 32,554 (2,819) U.S. Treasury and other government-sponsored entities and agencies 1,308 (26) 14,498 (1,699) 15,806 (1,725) Mortgage-backed securities: Residential - U.S. government-sponsored entities and agencies 23,295 (183) 329,454 (47,871) 352,749 (48,054) Residential - Non-government agencies — — 7,992 (722) 7,992 (722) Commercial - U.S. government-sponsored entities and agencies 1,275 (107) 68,444 (12,307) 69,719 (12,414) Commercial - Non-government agencies — — 5,425 (7) 5,425 (7) Total $ 30,478 $ (349) $ 569,919 $ (90,062) $ 600,397 $ (90,411) Less Than 12 Months 12 Months or Longer Total (dollars in thousands) Fair Value Unrecognized Losses Fair Value Unrecognized Losses Fair Value Unrecognized Losses September 30, 2024 Held-to-maturity: Debt securities: States and political subdivisions $ — $ — $ 34,730 $ (7,283) $ 34,730 $ (7,283) Mortgage-backed securities: Residential - U.S. government-sponsored entities and agencies — — 504,405 (51,907) 504,405 (51,907) Total $ — $ — $ 539,135 $ (59,190) $ 539,135 $ (59,190) Less Than 12 Months 12 Months or Longer Total (dollars in thousands) Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses December 31, 2023 Available-for-sale: Debt securities: States and political subdivisions $ 534 $ (1) $ 114,601 $ (29,809) $ 115,135 $ (29,810) Corporate securities — — 31,414 (4,317) 31,414 (4,317) U.S. Treasury and other government-sponsored entities and agencies 2,893 (87) 16,286 (1,854) 19,179 (1,941) Mortgage-backed securities: Residential - U.S. government-sponsored entities and agencies — — 367,887 (63,607) 367,887 (63,607) Residential - Non-government agencies — — 8,169 (980) 8,169 (980) Commercial - U.S. government-sponsored entities and agencies 6,467 (1) 44,447 (7,403) 50,914 (7,404) Commercial - Non-government agencies 9,663 (130) 5,293 (58) 14,956 (188) Total $ 19,557 $ (219) $ 588,097 $ (108,028) $ 607,654 $ (108,247) Less Than 12 Months 12 Months or Longer Total (dollars in thousands) Fair Value Unrecognized Losses Fair Value Unrecognized Losses Fair Value Unrecognized Losses December 31, 2023 Held-to-maturity: Debt securities: States and political subdivisions $ — $ — $ 35,253 $ (6,706) $ 35,253 $ (6,706) Mortgage-backed securities: Residential - U.S. government-sponsored entities and agencies 8,853 (33) 512,378 (60,482) 521,231 (60,515) Total $ 8,853 $ (33) $ 547,631 $ (67,188) $ 556,484 $ (67,221) Investment securities in an unrecognized or unrealized loss position are evaluated at least on a quarterly basis, and include evaluating the changes in the investment securities' ratings issued by rating agencies and changes in the financial condition of the issuer. For mortgage-related securities, delinquency and loss information with respect to the underlying collateral, changes in levels of subordination for the Company's particular position within the repayment structure, and remaining credit enhancement as compared to projected credit losses of the security are also evaluated. The Company has evaluated its AFS and HTM investment securities that are in an unrecognized or unrealized loss position and has determined that the unrecognized or unrealized losses on the Company's investment securities are unrelated to credit quality and primarily attributable to changes in interest rates and volatility in the financial markets since purchase. All of the investment securities in an unrecognized or unrealized loss position continue to be rated investment grade by one or more major rating agencies. The Company does not intend to sell the AFS and HTM securities that were in an unrecognized or unrealized loss position as of September 30, 2024 and December 31, 2023, and it is unlikely that the Company will be required to sell these securities before recovery of its amortized cost basis that may be at maturity. Therefore, the Company has not recorded an ACL on these securities and the unrecognized or unrealized losses on these securities have not been recognized into income.

LOANS AND CREDIT QUALITY

LOANS AND CREDIT QUALITY	9 Months Ended
	Sep. 30, 2023
Receivables [Abstract]
LOANS AND CREDIT QUALITY	3. LOANS AND CREDIT QUALITY The following table presents loans by class, excluding loans held for sale, net of deferred fees and costs as of the dates presented: (dollars in thousands) September 30, 2024 December 31, 2023 Commercial and industrial $ 599,556 $ 576,038 Real estate: Construction 158,523 185,994 Residential mortgage 1,897,526 1,927,206 Home equity 695,175 734,500 Commercial mortgage 1,472,230 1,384,579 Consumer 520,014 630,898 Gross loans 5,343,024 5,439,215 Deferred fees and costs, net (415) (233) Total loans, net of deferred fees and costs $ 5,342,609 $ 5,438,982 Interest income on loans is accrued at the contractual rate of interest on the unpaid principal balance. Accrued interest receivable on loans totaled $17.5 million and $17.1 million at September 30, 2024 and December 31, 2023, respectively, and was reported together with accrued interest receivable on investment securities During the three months ended September 30, 2023, the Company transferred one loan to the loans held for sale category. The loan did not have any credit concerns at the time of transfer and thus was transferred to loans held for sale at its amortized cost of $9.8 million. The loan was sold during the three months ended September 30, 2023 for $9.6 million, or a loss of $0.2 million, which was recorded in other operating expense. The Company did not transfer any other loans to the held for sale category during the three and nine months ended September 30, 2024 and 2023 and did not sell any other loans originally held for investment during the three and nine months ended September 30, 2024 and 2023. The following tables present the loan purchase information at the time of purchase by class during the periods presented. None of these loan purchases were categorized as purchased credit deteriorated ("PCD") and there were no loans categorized as PCD during the periods presented. There were no loan purchases made during the three months ended September 30, 2023. Three Months Ended September 30, 2024 (dollars in thousands) U.S. Mainland Consumer - Unsecured U.S. Mainland Consumer - Automobile Total Purchases: Outstanding balance $ — $ 14,731 $ 14,731 Premium — 921 921 Purchase price $ — $ 15,652 $ 15,652 Nine Months Ended September 30, 2024 Nine Months Ended September 30, 2023 U.S. Mainland Consumer - Unsecured U.S. Mainland Consumer - Automobile Total U.S. Mainland Consumer - Unsecured U.S. Mainland Consumer - Automobile Total Purchases: Outstanding balance $ — $ 27,115 $ 27,115 $ 3,932 $ 15,159 $ 19,091 Premium — 1,168 1,168 — 568 568 Purchase price $ — $ 28,283 $ 28,283 $ 3,932 $ 15,727 $ 19,659 Foreclosure Proceedings The Company did not own any foreclosed properties as of September 30, 2024 and December 31, 2023. The Company did not sell any foreclosed properties during the three and nine months ended September 30, 2024 and 2023. The Company had $3.8 million and $2.3 million of residential mortgage loans collateralized by residential real estate property that were in the process of foreclosure at September 30, 2024 and December 31, 2023, respectively. The Company did not have any commercial real estate loans in the process of foreclosure at September 30, 2024. The Company had commercial real estate loans totaling $0.1 million in the process of foreclosure at December 31, 2023. Nonaccrual and Past Due Loans For all loan types, the Company determines delinquency status by considering the number of days full payments required by the contractual terms of the loan are past due. The following tables present by class, the aging of the recorded investment in past due loans as of the dates presented. The following tables also present the amortized cost of loans on nonaccrual status for which there was no related ACL as of the dates presented: (dollars in thousands) Accruing Accruing Accruing Nonaccrual Total Loans Not Total Loans Nonaccrual September 30, 2024 Commercial and industrial $ 1,924 $ 688 $ — $ 376 $ 2,988 $ 596,459 $ 599,447 $ — Real estate: Construction — — — — — 158,126 158,126 — Residential mortgage — 1,990 13 9,680 11,683 1,886,236 1,897,919 9,680 Home equity 387 254 135 915 1,691 695,432 697,123 915 Commercial mortgage 203 — — — 203 1,470,107 1,470,310 — Consumer 4,644 1,667 481 626 7,418 512,266 519,684 — Total $ 7,158 $ 4,599 $ 629 $ 11,597 $ 23,983 $ 5,318,626 $ 5,342,609 $ 10,595 (dollars in thousands) Accruing Accruing Accruing Nonaccrual Total Loans Not Total Loans Nonaccrual December 31, 2023 Commercial and industrial $ 513 $ 169 $ — $ 432 $ 1,114 $ 574,593 $ 575,707 $ — Real estate: Construction — — — — — 185,519 185,519 — Residential mortgage 3,082 2,140 — 4,962 10,184 1,917,605 1,927,789 4,855 Home equity 804 400 229 834 2,267 734,257 736,524 834 Commercial mortgage — — — 77 77 1,382,825 1,382,902 77 Consumer 5,677 2,329 1,083 703 9,792 620,749 630,541 — Total $ 10,076 $ 5,038 $ 1,312 $ 7,008 $ 23,434 $ 5,415,548 $ 5,438,982 $ 5,766 Collateral-Dependent Loans A loan is considered collateral-dependent when the borrower is experiencing financial difficulty and repayment is expected to be provided substantially through the operation or sale of the collateral, which are individually evaluated to determine expected credit losses. The following tables present the amortized cost basis of collateral-dependent loans by class and the related ACL allocated to these loans as of the dates presented: (dollars in thousands) Secured by Secured by Total Allocated September 30, 2024 Real estate: Residential mortgage $ 9,679 $ — $ 9,679 $ — Home equity 915 — 915 — Total $ 10,594 $ — $ 10,594 $ — (dollars in thousands) Secured by Secured by Total Allocated December 31, 2023 Real estate: Residential mortgage $ 6,450 $ — $ 6,450 $ 47 Home equity 834 — 834 — Commercial mortgage — 77 77 — Total $ 7,284 $ 77 $ 7,361 $ 47 Loan Modifications for Borrowers Experiencing Financial Difficulty Since the adoption of ASU 2022-02 on January 1, 2023 and d uring the three and nine months ended September 30, 2024, t he Company has not had any material modifications to loans either individually or in the aggregate for borrowers experiencing financial difficulty. Troubled Debt Restructurings Prior to the Adoption of ASU 2022-02 Prior to our adoption of ASU 2022-02, we accounted for a modification to the contractual terms of a loan that resulted in granting a concession to a borrower experiencing financial difficulties as a troubled debt restructuring ("TDR"). There were $0.8 million of TDRs included in nonperforming assets at September 30, 2024, compared to $0.9 million at December 31, 2023. There were $1.9 million of TDRs that were still accruing interest at September 30, 2024, compared to $2.1 million at December 31, 2023. None of the TDRs still accruing interest at September 30, 2024 and December 31, 2023 were more than 90 days delinquent. Credit Quality Indicators The Company categorizes loans into risk categories based on relevant information about the ability of borrowers to service their debt such as: current financial information, historical payment experience, credit documentation, public information, and current economic trends, among other factors. The Company analyzes loans individually by classifying the loans by credit risk. This analysis includes non-homogeneous loans, such as commercial and commercial real estate loans. This analysis is performed on a quarterly basis. The Company uses the following definitions for risk rating of loans. Pass. Loans classified as pass are not adversely rated, are contractually current as to principal and interest, and are otherwise in compliance with the contractual terms of the loan agreement. Special Mention. Loans classified as special mention, while still adequately protected by the borrower's capital adequacy and payment capability, exhibit distinct weakening trends and/or elevated levels of exposure to external conditions. If left unchecked or uncorrected, these potential weaknesses may result in deteriorated prospects of repayment. These exposures require management's close attention so as to avoid becoming undue or unwarranted credit exposures. Substandard. Loans classified as substandard are inadequately protected by the borrower's current financial condition and payment capability or of the collateral pledged, if any. These loans have a well-defined weakness or weaknesses that jeopardize the orderly repayment of debt. They are characterized by the distinct possibility that the Company will sustain some loss if the deficiencies are not corrected. Doubtful. Loans classified as doubtful have all the weaknesses inherent in those classified as substandard, with the added characteristic that the weaknesses make collection or orderly repayment in full, on the basis of current existing facts, conditions and values, highly questionable and improbable. Possibility of loss is extremely high, but because of certain important and reasonably specific factors that may work to the advantage and strengthening of the exposure, its classification as an estimate loss is deferred until its more exact status may be determined. Loss. Loans classified as loss are considered to be non-collectible and of such little value that their continuance as bankable assets is not warranted. This does not mean the loan has absolutely no recovery value, but rather it is neither practical nor desirable to defer writing off the loan, even though partial recovery may be obtained in the future. Losses are taken in the period in which they surface as uncollectible. The following tables present the amortized cost basis, net of deferred fees and costs, of the Company's loans by class, credit quality indicator and origination year as of the dates presented. Revolving loans converted to term as of and during the periods presented were not material to the total loan portfolio. In addition, the following tables present gross charge-offs of loans by origination year during the periods presented. (dollars in thousands) Amortized Cost of Term Loans by Year of Origination Amortized Cost of Revolving Loans September 30, 2024 2024 2023 2022 2021 2020 Prior Total Commercial and industrial: Risk Rating Pass $ 125,093 $ 56,889 $ 75,837 $ 71,370 $ 26,287 $ 149,077 $ 88,324 $ 592,877 Special Mention — 587 297 2,579 — — — 3,463 Substandard 2,380 236 58 121 — 312 — 3,107 Subtotal 127,473 57,712 76,192 74,070 26,287 149,389 88,324 599,447 Construction: Risk Rating Pass 6,508 19,346 47,954 35,859 13,342 35,117 — 158,126 Subtotal 6,508 19,346 47,954 35,859 13,342 35,117 — 158,126 Residential mortgage: Risk Rating Pass 55,009 92,858 261,649 596,350 400,545 480,913 — 1,887,324 Substandard — — 1,599 294 1,862 6,840 — 10,595 Subtotal 55,009 92,858 263,248 596,644 402,407 487,753 — 1,897,919 Home equity: Risk Rating Pass 1,231 11,997 29,158 18,224 7,611 24,418 603,434 696,073 Substandard — — — — — 915 135 1,050 Subtotal 1,231 11,997 29,158 18,224 7,611 25,333 603,569 697,123 Commercial mortgage: Risk Rating Pass 122,037 95,562 238,401 225,176 112,347 657,231 5,911 1,456,665 Special Mention — 623 — 1,438 — 5,185 — 7,246 Substandard — — — 1,088 — 5,311 — 6,399 Subtotal 122,037 96,185 238,401 227,702 112,347 667,727 5,911 1,470,310 Consumer: Risk Rating Pass 32,636 91,838 192,185 103,112 24,048 19,153 55,605 518,577 Substandard 20 40 254 175 35 578 5 1,107 Subtotal 32,656 91,878 192,439 103,287 24,083 19,731 55,610 519,684 Total $ 344,914 $ 369,976 $ 847,392 $ 1,055,786 $ 586,077 $ 1,385,050 $ 753,414 $ 5,342,609 (dollars in thousands) Amortized Cost of Term Loans by Year of Origination Amortized Cost of Revolving Loans December 31, 2023 2023 2022 2021 2020 2019 Prior Total Commercial and industrial: Risk Rating Pass $ 83,333 $ 82,649 $ 77,551 $ 32,831 $ 42,162 $ 152,940 $ 90,177 $ 561,643 Special Mention — — 2,916 — — 944 93 3,953 Substandard 37 1,189 576 662 571 7,026 50 10,111 Subtotal 83,370 83,838 81,043 33,493 42,733 160,910 90,320 575,707 Construction: Risk Rating Pass 8,434 52,596 69,203 18,878 2,136 31,090 2,778 185,115 Special Mention — — 404 — — — — 404 Subtotal 8,434 52,596 69,607 18,878 2,136 31,090 2,778 185,519 Residential mortgage: Risk Rating Pass 101,473 266,314 609,648 414,430 144,312 385,452 — 1,921,629 Special Mention — — — — — 268 — 268 Substandard — 1,057 299 931 818 2,787 — 5,892 Subtotal 101,473 267,371 609,947 415,361 145,130 388,507 — 1,927,789 Home equity: Risk Rating Pass 12,229 32,208 19,589 8,766 6,372 17,379 638,917 735,460 Substandard — — — — 66 998 — 1,064 Subtotal 12,229 32,208 19,589 8,766 6,438 18,377 638,917 736,524 Commercial mortgage: Risk Rating Pass 96,479 256,660 202,933 115,055 112,578 566,325 6,311 1,356,341 Special Mention — — — — 10,513 9,638 — 20,151 Substandard — — 2,587 — 1,654 2,169 — 6,410 Subtotal 96,479 256,660 205,520 115,055 124,745 578,132 6,311 1,382,902 Consumer: Risk Rating Pass 88,593 261,752 144,341 36,431 27,970 10,538 59,130 628,755 Substandard 58 231 205 87 83 1,084 10 1,758 Loss — — — — — 28 — 28 Subtotal 88,651 261,983 144,546 36,518 28,053 11,650 59,140 630,541 Total $ 390,636 $ 954,656 $ 1,130,252 $ 628,071 $ 349,235 $ 1,188,666 $ 797,466 $ 5,438,982 (dollars in thousands) Gross Charge-Offs by Year of Origination Nine Months Ended September 30, 2024 2024 2023 2022 2021 2020 Prior Total Commercial and industrial $ 69 $ 150 $ 241 $ 203 $ 33 $ 1,168 $ 1,864 Real estate: Residential mortgage — — 175 — — 208 383 Consumer 75 518 7,944 3,243 408 951 13,139 Gross charge-offs $ 144 $ 668 $ 8,360 $ 3,446 $ 441 $ 2,327 $ 15,386 (dollars in thousands) Gross Charge-Offs by Year of Origination Nine Months Ended September 30, 2023 2023 2022 2021 2020 2019 Prior Total Commercial and industrial $ 143 $ 239 $ 145 $ — $ 265 $ 751 $ 1,543 Consumer 4 4,988 4,158 871 627 621 11,269 Gross charge-offs $ 147 $ 5,227 $ 4,303 $ 871 $ 892 $ 1,372 $ 12,812

ALLOWANCE FOR CREDIT LOSSES AND

ALLOWANCE FOR CREDIT LOSSES AND RESERVE FOR OFF-BALANCE SHEET CREDIT EXPOSURES	3 Months Ended	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2024
ALLOWANCE FOR LOAN AND LEASE LOSSES
ALLOWANCE FOR CREDIT LOSSES AND RESERVE FOR OFF-BALANCE SHEET CREDIT EXPOSURES	4. ALLOWANCE FOR CREDIT LOSSES AND RESERVE FOR OFF-BALANCE SHEET CREDIT EXPOSURES The following tables present by class, the activities in the ACL for loans during the periods presented: (dollars in thousands) Real Estate Three Months Ended September 30, 2024 Commercial and Industrial Construction Residential Mortgage Home Equity Commercial Mortgage Consumer Total Beginning balance $ 7,071 $ 3,798 $ 15,389 $ 3,829 $ 17,337 $ 14,801 $ 62,225 Provision (credit) for credit losses on loans 617 (1,230) 1,052 (1,360) 1,204 2,757 3,040 Subtotal 7,688 2,568 16,441 2,469 18,541 17,558 65,265 Charge-offs (663) — (99) — — (3,956) (4,718) Recoveries 158 — 8 — — 934 1,100 Net (charge-offs) recoveries (505) — (91) — — (3,022) (3,618) Ending balance $ 7,183 $ 2,568 $ 16,350 $ 2,469 $ 18,541 $ 14,536 $ 61,647 (dollars in thousands) Real Estate Three Months Ended September 30, 2023 Commercial and Industrial Construction Residential Mortgage Home Equity Commercial Mortgage Consumer Total Beginning balance $ 6,946 $ 3,654 $ 12,233 $ 3,965 $ 17,365 $ 19,686 $ 63,849 Provision (credit) for credit losses on loans (330) 953 1,727 (913) 1,738 1,351 4,526 Subtotal 6,616 4,607 13,960 3,052 19,103 21,037 68,375 Charge-offs (402) — — — — (4,710) (5,112) Recoveries 261 1 10 — — 982 1,254 Net (charge-offs) recoveries (141) 1 10 — — (3,728) (3,858) Ending balance $ 6,475 $ 4,608 $ 13,970 $ 3,052 $ 19,103 $ 17,309 $ 64,517 The following table presents the activities in the reserve for off-balance sheet credit exposures, included in other liabilities, during the periods presented. The (credit) provision for off-balance sheet credit exposures is included in the provision for credit losses on the Company's income statement during the periods presented. Three Months Ended September 30, Nine Months Ended September 30, (dollars in thousands) 2024 2023 2024 2023 Beginning balance $ 3,312 $ 3,664 $ 3,706 $ 3,243 (Credit) provision for off-balance sheet credit exposures (207) 348 (601) 769 Ending balance $ 3,105 $ 4,012 $ 3,105 $ 4,012	(dollars in thousands) Real Estate Nine Months Ended September 30, 2024 Commercial and Industrial Construction Residential Mortgage Home Equity Commercial Mortgage Consumer Total Beginning balance $ 7,181 $ 4,004 $ 14,626 $ 3,501 $ 17,543 $ 17,079 $ 63,934 Provision (credit) for credit losses on loans 1,488 (1,436) 2,082 (1,038) 998 7,515 9,609 Subtotal 8,669 2,568 16,708 2,463 18,541 24,594 73,543 Charge-offs (1,864) — (383) — — (13,139) (15,386) Recoveries 378 — 25 6 — 3,081 3,490 Net (charge-offs) recoveries (1,486) — (358) 6 — (10,058) (11,896) Ending balance $ 7,183 $ 2,568 $ 16,350 $ 2,469 $ 18,541 $ 14,536 $ 61,647 (dollars in thousands) Real Estate Nine Months Ended September 30, 2023 Commercial and Industrial Construction Residential Mortgage Home Equity Commercial Mortgage Consumer Total Beginning balance $ 6,824 $ 2,867 $ 11,804 $ 4,114 $ 17,902 $ 20,227 $ 63,738 Provision (credit) for credit losses on loans 558 1,740 2,096 (1,077) 1,201 5,758 10,276 Subtotal 7,382 4,607 13,900 3,037 19,103 25,985 74,014 Charge-offs (1,543) — — — — (11,269) (12,812) Recoveries 636 1 70 15 — 2,593 3,315 Net (charge-offs) recoveries (907) 1 70 15 — (8,676) (9,497) Ending balance $ 6,475 $ 4,608 $ 13,970 $ 3,052 $ 19,103 $ 17,309 $ 64,517

INVESTMENTS IN UNCONSOLIDATED S

INVESTMENTS IN UNCONSOLIDATED SUBSIDIARIES	9 Months Ended
	Sep. 30, 2024
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures [Abstract]
INVESTMENTS IN UNCONSOLIDATED SUBSIDIARIES	5. INVESTMENTS IN UNCONSOLIDATED ENTITIES The following table presents the components of the Company's investments in unconsolidated entities as of the dates presented: (dollars in thousands) September 30, 2024 December 31, 2023 Investments in low-income housing tax credit partnerships, net of amortization $ 51,152 $ 37,838 Investments in common securities of statutory trusts 1,547 1,547 Investments in affiliates 87 111 Other 2,050 2,050 Total $ 54,836 $ 41,546 The Company had commitments to fund low-income housing tax credit ("LIHTC") partnerships totaling $63.5 million and $47.8 million as of September 30, 2024 and December 31, 2023, respectively. Unfunded commitments related to LIHTC partnerships totaled $20.0 million and $22.0 million at September 30, 2024 and December 31, 2023, respectively, and were included in other liabilities in the Company's consolidated balance sheets. The investments were accounted for under the proportional amortization method and were included in investments in unconsolidated entities in the Company's consolidated balance sheets. The following table presents the expected payments for the unfunded commitments of LIHTC and other partnerships as of September 30, 2024, for the remainder of fiscal year 2024, the next five succeeding fiscal years, and all years thereafter: (dollars in thousands) Year Ending December 31, LIHTC Other Total 2024 (remainder) $ 1,406 $ 803 $ 2,209 2025 10,519 — 10,519 2026 7,564 — 7,564 2027 36 — 36 2028 30 — 30 2029 36 — 36 Thereafter 386 — 386 Total unfunded commitments $ 19,977 $ 803 $ 20,780 The following table presents amortization and tax credits recognized associated with our investments in LIHTC partnerships for the periods presented: Three Months Ended September 30, Nine Months Ended September 30, (dollars in thousands) 2024 2023 2024 2023 Proportional amortization method: Amortization expense recognized in income tax expense $ 1,012 $ 714 $ 2,372 $ 2,142 Tax credits recognized in income tax expense 1,155 891 2,756 2,675 In 2021, the Company committed $2.0 million to the JAM FINTOP Banktech Fund, L.P. The Company does not have the ability to exercise significant influence over the JAM FINTOP Banktech Fund, L.P. and the investment does not have a readily determinable fair value. As a result, the Company determined that the cost method of accounting for the investment was appropriate. The Company had $0.8 million and $1.0 million in unfunded commitments related to the investment as of September 30, 2024 and December 31, 2023, respectively, which was included in other liabilities in the Company's consolidated balance sheets. During the first quarter of 2022, the Company invested $2.0 million in Swell Financial, Inc. ("Swell"). The Company did not have the ability to exercise significant influence over Swell and the investment did not have a readily determinable fair value. As a result, the Company determined that the cost method of accounting for the investment was appropriate. During the third quarter of 2023, the Company entered into a transaction with Swell whereby Swell repurchased the Company’s entire preferred and common stock equity investment in exchange for $0.5 million in cash and certain intellectual property rights and a platform usage fee agreement related to products that may be launched by Swell or its affiliates in the future (not to exceed $1.5 million in value). Due to the aforementioned events, the Company performed an impairment analysis and concluded the intellectual property rights and the platform usage fee agreement received in exchange for the Company's investment in Swell were not impaired as of September 30, 2024 and December 31, 2023. The intangible assets, net of accumulated amortization, totaling $1.4 million and $1.5 million as of September 30, 2024 and December 31, 2023, respectively, were included in other assets on the Company's consolidated balance sheets.

MORTGAGE SERVICING RIGHTS

MORTGAGE SERVICING RIGHTS	9 Months Ended
	Sep. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
MORTGAGE SERVICING RIGHTS	6. MORTGAGE SERVICING RIGHTS Mortgage loans serviced for others are not reported on the Company's consolidated balance sheets. The following table presents mortgage loans serviced for others by investor, which totaled $1.19 billion and $1.22 billion at September 30, 2024 and December 31, 2023, respectively. (dollars in thousands) September 30, 2024 December 31, 2023 Mortgage loan portfolio serviced for: Federal National Mortgage Association (FNMA) $ 725,880 $ 736,042 Federal Home Loan Mortgage Corporation (FHLMC) 462,367 485,270 Federal Home Loan Banks (FHLB) 454 483 Total loans serviced for others $ 1,188,701 $ 1,221,795 The following table presents changes in mortgage servicing rights ("MSR") for the periods presented: (dollars in thousands) Balance at December 31, 2023 $ 8,696 Additions 400 Amortization (583) Balance at September 30, 2024 $ 8,513 Balance at December 31, 2022 $ 9,074 Additions 261 Amortization (538) Balance at September 30, 2023 $ 8,797 The following table presents the fair market value and key assumptions used in determining the fair market value of MSR as of the dates presented: (dollars in thousands) September 30, 2024 December 31, 2023 Fair market value, beginning of year $ 12,185 $ 12,061 Fair market value, end of period 11,637 12,185 Weighted average discount rate 9.5 % 9.5 % Weighted average prepayment speed assumption 11.4 11.2 The Company performs an impairment assessment of its MSR whenever events or changes in circumstance indicate that the carrying value of the MSR may not be recoverable. The Company noted no impairment or triggering events related to its MSR at September 30, 2024.

DERIVATIVES

DERIVATIVES	9 Months Ended
	Sep. 30, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]
DERIVATIVES	7. DERIVATIVES The Company utilizes various designated and undesignated derivative financial instruments to reduce its exposure to movements in interest rates. The Company measures all derivatives at fair value on its consolidated balance sheet. In each reporting period, the Company records the derivative instruments in other assets or other liabilities depending on whether the derivatives are in an asset or liability position. For derivative instruments that are designated as cash flow hedging instruments, the Company records the effective portion of the changes in the fair value of the derivative in accumulated other comprehensive income (loss) ("AOCI"), net of tax, until earnings are affected by the variability of cash flows of the hedged transaction. The Company immediately recognizes the portion of the gain or loss in the fair value of the derivative that represents hedge ineffectiveness in current period earnings. For derivative instruments that are not designated as hedging instruments, changes in the fair value of the derivative are included in current period earnings. Derivative financial instruments are subject to credit and counterparty risk, which is defined as the risk of financial loss if a borrower or counterparty is either unable or unwilling to repay borrowings or settle transactions in accordance with the underlying contractual terms. Credit and counterparty risks associated with derivative financial instruments are similar to those relating to traditional financial instruments. The Company manages derivative credit and counterparty risk by evaluating the creditworthiness of each borrower or counterparty and requiring collateral where appropriate. Interest Rate Lock and Forward Sale Commitments The Company enters into interest rate lock commitments on certain mortgage loans that are intended to be sold. To manage interest rate risk on interest rate lock commitments, the Company also enters into forward loan sale commitments on the loans that are intended to be sold. The interest rate lock and forward loan sale commitments are accounted for as undesignated derivatives and are recorded at their respective fair values in other assets and other liabilities, with changes in fair value recorded in current period earnings. These instruments serve to reduce the Company's exposure to movements in interest rates. The Company was party to interest rate lock commitments on $1.6 million and $1.8 million of mortgage loans at September 30, 2024 and December 31, 2023, respectively. The Company was not a party to any forward sale commitments on mortgage loans at September 30, 2024 and December 31, 2023. Risk Participation Agreements The Company enters into credit risk participation agreements ("RPA") with financial institution counterparties for interest rate swaps related to loans in which it participates. The RPAs entered into by us and a participant bank provide credit protection to the financial institution counterparties should the borrowers fail to perform on their interest rate derivative contracts with the financial institutions. The RPAs are accounted for as undesignated derivatives and are recorded at fair value, with changes in fair value recorded in current period earnings. The Company was party to RPAs with total notional amounts of $35.4 million and $36.0 million at September 30, 2024 and December 31, 2023, respectively. The fair value of the RPAs was insignificant to the consolidated financial statements at September 30, 2024 and December 31, 2023. Back-to-Back Swap Agreements The Company established a program whereby it originates a variable rate loan and enters into a variable-to-fixed interest rate swap with the customer. The Company also enters into an equal and offsetting swap with a highly rated third-party financial institution. These "back-to-back swap agreements" are intended to offset each other and allow the Company to originate a variable rate loan, while providing a contract for fixed interest payments for the customer. The net cash flow for the Company is equal to the interest income received from a variable rate loan originated with the customer. These back-to-back swap agreements are free-standing derivatives and recorded at fair value on our consolidated balance sheet in other assets or other liabilities. The Company was party to swap agreements with its borrowers with total notional amounts of $50.4 million and $51.1 million at September 30, 2024 and December 31, 2023, respectively, offset by swap agreements with third party financial institutions with the same total notional amounts. The Company received $9.0 million and $9.6 million in counter-party cash collateral related to the back-to-back swap agreements at September 30, 2024 and December 31, 2023, respectively. Interest Rate Swap During the first quarter of 2022, the Company entered into a forward starting interest rate swap, with an effective date of March 31, 2024. This transaction had a notional amount of $115.5 million and was designated as a fair value hedge of certain municipal debt securities. The Company pays the counterparty a fixed rate of 2.095% and receives a floating rate based on the Federal Funds effective rate. The fair value hedge has a maturity date of March 31, 2029. The interest rate swap is carried on the Company’s consolidated balance sheet at its fair value in other assets (when the fair value is positive) or in other liabilities (when the fair value is negative). The changes in the fair value of the interest rate swap are recorded in interest income. The unrealized gains or losses due to changes in fair value of the hedged debt securities due to changes in benchmark interest rates are recorded as an adjustment to the hedged debt securities and offset in the same interest income line item. At September 30, 2024, the hedge was determined to be effective and the Company expects the hedge to remain effective during the remaining term. During the three and nine months ended September 30, 2024, the Company recorded income from the interest rate swap of $1.1 million and $1.9 million, respectively. The following tables present the location of all assets and liabilities associated with our derivative instruments within the consolidated balance sheets as of the dates presented: Derivative Financial Instruments Not Designated as Hedging Instruments Asset Derivatives Liability Derivatives Fair Value at Fair Value at (dollars in thousands) Balance Sheet Location September 30, December 31, September 30, December 31, Interest rate lock and forward sale commitments Other assets / other liabilities $ — $ — $ 2 $ 34 Back-to-back swap agreements Other assets / other liabilities 2,875 3,547 2,875 3,547 Derivative Financial Instruments Designated as Hedging Instruments Asset Derivatives Liability Derivatives Fair Value at Fair Value at (dollars in thousands) Balance Sheet Location September 30, December 31, September 30, December 31, Interest rate swap Other assets / other liabilities $ 5,202 $ 6,440 $ — $ — The following tables present the impact of derivative instruments and their location within the consolidated statements of income for the periods presented: Derivative Financial Instruments Location of Gain (Loss) Amount of Gain (Loss) (dollars in thousands) Three Months Ended September 30, 2024 Interest rate lock and forward sale commitments Mortgage banking income $ 1 Loans held for sale Other income 17 Three Months Ended September 30, 2023 Interest rate lock and forward sale commitments Mortgage banking income (16) Loans held for sale Other income 4 Back-to-back swap agreements Other service charges and fees 36 Derivative Financial Instruments Location of Gain (Loss) Amount of Gain (Loss) (dollars in thousands) Nine Months Ended September 30, 2024 Interest rate lock and forward sale commitments Mortgage banking income $ 32 Back-to-back swap agreements Other service charges and fees 80 Nine Months Ended September 30, 2023 Interest rate lock and forward sale commitments Mortgage banking income (8) Loans held for sale Other income 3 Back-to-back swap agreements Other service charges and fees 71 Derivative Financial Instruments Location of Gain (Loss) Amount of Gain (Loss) (dollars in thousands) Three Months Ended September 30, 2024 Interest rate swap Interest income $ 1,148 Three Months Ended September 30, 2023 Interest rate swap Interest income (121) Derivative Financial Instruments Location of Gain (Loss) Amount of Gain (Loss) (dollars in thousands) Nine Months Ended September 30, 2024 Interest rate swap Interest income $ 1,924 Nine Months Ended September 30, 2023 Interest rate swap Interest income (180) The following table presents the amounts recorded on the consolidated balance sheets related to cumulative basis adjustments for fair value hedges as of the periods presented: Line Item in the Consolidated Balance Sheets (dollars in thousands) September 30, 2024 December 31, 2023 Investment securities, available-for-sale: Carrying Amount of the Hedged Assets $ 93,635 $ 90,636 Cumulative Amount of Fair Value Hedging Adjustment Included in the Carrying Amount of the Hedged Assets (5,531) (6,817)

SHORT-TERM BORROWINGS AND LONG-

SHORT-TERM BORROWINGS AND LONG-TERM DEBT	9 Months Ended
	Sep. 30, 2024
Debt Disclosure [Abstract]
SHORT-TERM BORROWINGS AND LONG-TERM DEBT	8. SHORT-TERM BORROWINGS AND LONG-TERM DEBT The following table presents long-term debt, which is based on original maturity and consists of advances under the arrangement with Federal Home Loan Bank of Des Moines, junior subordinated debentures and subordinated notes as of the dates presented: (dollars in thousands) September 30, 2024 December 31, 2023 Long-term debt: Federal Home Loan Bank long-term advances $ 50,000 $ 50,000 Subordinated debentures 51,547 51,547 Subordinated notes, net of unamortized debt issuance costs 54,737 54,555 Total $ 156,284 $ 156,102 Federal Home Loan Bank Advances and Other Borrowings The Bank is a member of the Federal Home Loan Bank of Des Moines (the "FHLB") and maintained a $1.85 billion line of credit as of September 30, 2024, compared to $1.93 billion at December 31, 2023. At September 30, 2024, $1.72 billion was undrawn under this arrangement, compared to $1.81 billion at December 31, 2023. There were no short-term borrowings outstanding under this arrangement at September 30, 2024 and December 31, 2023. There were $50.0 million in long-term advances under the FHLB arrangement bearing interest rates between 4.02% and 4.62% at September 30, 2024 and December 31, 2023. The FHLB provides standby letters of credit on behalf of the Bank to secure certain public deposits. If the FHLB is required to make a payment on a standby letter of credit, the payment amount is converted to an advance at the FHLB. Standby letters of credit under this arrangement that are used to collateralize certain government deposits totaled $83.6 million as of September 30, 2024, compared to $72.0 million as of December 31, 2023. The letters of credit are counted against the total line of credit, the same as the current outstanding debt, to determine the undrawn or total available line of credit. In accordance with the collateral provisions of the Advances, Security and Deposit Agreement with the FHLB, the FHLB advances and standby letters of credit available at September 30, 2024 and December 31, 2023 were secured by certain real estate loans with a carrying value of approximately $3.12 billion and $3.16 billion, respectively. The Bank had additional unused borrowings available at the Federal Reserve Discount Window of $242.8 million and $285.8 million at September 30, 2024 and December 31, 2023, respectively. Certain commercial and commercial real estate loans with a par value totaling $130.1 million and $135.1 million at September 30, 2024 and December 31, 2023, respectively, were pledged as collateral on our line of credit with the Federal Reserve. In addition, investment securities with a par value of $187.3 million and $196.7 million as of September 30, 2024 and December 31, 2023, respectively, were pledged to the Federal Reserve in support of the line of credit. The Federal Reserve does not have the right to sell or repledge these loans and investment securities. The Bank had additional unused and unsecured credit lines available totaling $75.0 million at September 30, 2024 and December 31, 2023. Subordinated Debentures The following table presents the Company's junior subordinated debentures outstanding, which are recorded in long-term debt on the Company's consolidated balance sheets as of the dates presented: (dollars in thousands) Name of Trust September 30, 2024 December 31, 2023 Interest Rate CPB Capital Trust IV $ 30,928 $ 30,928 Three-month CME Term SOFR + tenor spread adjustment of 0.26% + 2.45% CPB Statutory Trust V 20,619 20,619 Three-month CME Term SOFR + tenor spread adjustment of 0.26% + 1.87% Total $ 51,547 $ 51,547 In September 2004, we created a wholly-owned statutory trust, CPB Capital Trust IV ("Trust IV"). Trust IV issued $30.0 million in floating rate trust preferred securities which bore an interest rate of three-month LIBOR plus 2.45% and maturing on December 15, 2034. The principal assets of Trust IV are $30.9 million of the Company's junior subordinated debentures with an identical interest rate and maturity as the Trust IV trust preferred securities. Trust IV issued $0.9 million of common securities to the Company. In December 2004, we created a wholly-owned statutory trust, CPB Statutory Trust V ("Trust V"). Trust V issued $20.0 million in floating rate trust preferred securities which bore an interest rate of three-month LIBOR plus 1.87% and maturing on December 15, 2034. The principal assets of Trust V are $20.6 million of the Company's junior subordinated debentures with an identical interest rate and maturity as the Trust V trust preferred securities. Trust V issued $0.6 million of common securities to the Company. On July 3, 2023, after the cessation of the LIBOR benchmark rate on June 30, 2023, the Company amended its Trust IV and Trust V debt agreements to replace the LIBOR-based reference rate with an adjusted CME Term Secured Overnight Financing Rate ("SOFR") plus a tenor spread adjustment. Accounting Standards Codification ("ASC") 848 allows us to account for the modification as a continuation of the existing contract without additional analysis. The Company is not considered the primary beneficiary of Trusts IV and V. Therefore, the trusts are not considered variable interest entities and are not consolidated in the Company's financial statements. Rather the subordinated debentures are shown as liabilities on the Company's consolidated balance sheets. The Company's investments in the common securities of the trusts are included in investment in unconsolidated entities in the Company's consolidated balance sheets. The floating trust preferred securities, the junior subordinated debentures that are the assets of Trusts IV and V and the common securities issued by Trusts IV and V are redeemable in whole or in part on any interest payment date on or after December 15, 2009 for Trust IV and V, or at any time in whole but not in part within 90 days following the occurrence of certain events. Our obligations with respect to the issuance of the trust preferred securities constitute a full and unconditional guarantee by the Company of each trust's obligations with respect to its trust preferred securities. Subject to certain exceptions and limitations, we may elect from time to time to defer interest payments on the subordinated debentures, which would result in a deferral of distribution payments on the related trust preferred securities, for up to 20 consecutive quarterly periods without default or penalty. The subordinated debentures are included in Tier 1 capital, with certain limitations applicable, under regulatory guidelines and interpretations. Subordinated Notes The following table presents the Company's subordinated notes outstanding as of the dates presented: (dollars in thousands) Description September 30, 2024 December 31, 2023 Interest Rate October 2020 Private Placement $ 55,000 $ 55,000 4.75% for the first five years. Resets quarterly thereafter to the then current three-month SOFR plus 456 basis points. On October 20, 2020, the Company completed a $55.0 million private placement of ten-year fixed-to-floating rate subordinated notes, which will be used to support regulatory capital ratios and for general corporate purposes. The Company exchanged the privately placed notes for registered notes with the same terms and in the same aggregate principal amount at the end of the fourth quarter of 2020. The subordinated notes bear a fixed interest rate of 4.75% for the first five years through November 1, 2025 and will reset quarterly thereafter for the remaining five years to the then current three-month SOFR, as published by the Federal Reserve Bank of New York, plus 456 basis points. The subordinated notes are included in Tier 2 capital, with certain limitations applicable, under current regulatory guidelines and interpretations. The subordinated notes had a carrying value of $54.7 million and $54.6 million, net of unamortized debt issuance costs of $0.3 million and $0.4 million at September 30, 2024 and December 31, 2023, respectively.

REVENUE FROM CONTRACTS WITH CUS

REVENUE FROM CONTRACTS WITH CUSTOMERS	9 Months Ended
	Sep. 30, 2024
Revenue from Contract with Customer [Abstract]
REVENUE FROM CONTRACTS WITH CUSTOMERS	The following table presents the Company's other operating income, segregated by revenue streams that are in-scope and out-of-scope of ASC 606, "Revenue from Contracts with Customers" for the periods presented: Three Months Ended September 30, 2024 Three Months Ended September 30, 2023 (dollars in thousands) In-Scope Out-of-Scope Total In-Scope Out-of-Scope Total Other operating income: Mortgage banking income $ 352 $ 470 $ 822 $ 216 $ 549 $ 765 Service charges on deposit accounts 2,167 — 2,167 2,193 — 2,193 Other service charges and fees 5,234 713 5,947 4,874 329 5,203 Income from fiduciary activities 1,447 — 1,447 1,234 — 1,234 Income from bank-owned life insurance — 1,897 1,897 — 379 379 Net (losses) gains on sales of investment securities — — — — (135) (135) Other — 454 454 — 408 408 Total other operating income $ 9,200 $ 3,534 $ 12,734 $ 8,517 $ 1,530 $ 10,047

SHARE-BASED COMPENSATION

SHARE-BASED COMPENSATION	9 Months Ended
	Sep. 30, 2024
Share-Based Payment Arrangement [Abstract]
SHARE-BASED COMPENSATION	10. SHARE-BASED COMPENSATION Restricted and Performance Stock Units Under the Company's 2023 Stock Compensation Plan, the Company awarded restricted stock units ("RSUs") and performance stock units ("PSUs") to certain non-officer directors and senior management personnel. The awards typically vest over a two three The following table presents the activities of RSUs and PSUs for the nine months ended September 30, 2024: (dollars in thousands, except per share data) Shares Weighted Average Grant Date Fair Value Per Share Fair Value of RSUs and PSUs That Vested During the Period Non-vested RSUs and PSUs, beginning of period 224,579 $ 24.76 Changes during the period: Granted 137,911 19.41 Forfeited (1,648) 20.59 Vested (75,113) 23.73 $ 1,466 Non-vested RSUs and PSUs, end of period 285,729 22.48

SUPPLEMENTAL EXECUTIVE RETIREME

SUPPLEMENTAL EXECUTIVE RETIREMENT PLANS	9 Months Ended
	Sep. 30, 2024
Retirement Benefits [Abstract]
PENSION AND SUPPLEMENTAL EXECUTIVE RETIREMENT PLANS	11. SUPPLEMENTAL EXECUTIVE RETIREMENT PLANS In 1995, 2001, 2004 and 2006, the Bank established Supplemental Executive Retirement Plans ("SERP"), which provide certain (current and former) officers of the Company with supplemental retirement benefits. On December 31, 2002, the 1995 and 2001 SERP were curtailed. In conjunction with the September 2004 merger with CB Bancshares, Inc. ("CBBI"), the Company assumed CBBI's SERP obligation. The projected benefit obligation of the unfunded SERP is recorded in other liabilities on the Company's consolidated balance sheets. The projected benefit obligation was $9.2 million and $9.3 million at September 30, 2024 and December 31, 2023, respectively. The following table presents the components of net periodic benefit cost for the SERP for the periods presented: Three Months Ended September 30, Nine Months Ended September 30, (dollars in thousands) 2024 2023 2024 2023 Interest cost $ 107 $ 112 $ 323 $ 336 Amortization of net actuarial gain — (19) — (57) Amortization of net transition obligation — 2 — 6 Net periodic benefit cost $ 107 $ 95 $ 323 $ 285 All components of net periodic benefit cost are included in other operating expenses in the Company's consolidated statements of income.

OPERATING LEASES

OPERATING LEASES	9 Months Ended
	Sep. 30, 2024
Leases [Abstract]
LEASES	12. OPERATING LEASES The Company leases certain land and buildings for its bank branches and ATMs. In some instances, a lease may contain renewal options to extend the term of the lease. Renewal options that are likely to be exercised have been recognized as part of our right-of-use assets and lease liabilities in accordance with ASC 842, "Leases" . Certain leases also contain variable payments that are primarily determined based on common area maintenance costs and Hawaii state tax rates. All leases are operating leases and we do not include any short-term leases in the calculation of the right-of-use assets and lease liabilities. The most significant assumption related to the Company’s application of ASC 842 was the discount rate assumption. As most of the Company’s lease agreements do not provide for an implicit interest rate, the Company uses the collateralized interest rate that the Company would have to pay to borrow over a similar term to estimate the Company’s lease liabilities. The following table presents total lease cost, cash flow information, weighted-average remaining lease term and weighted-average discount rate for the periods presented: Three Months Ended September 30, Nine Months Ended September 30, (dollars in thousands) 2024 2023 2024 2023 Lease cost: Operating lease cost $ 1,605 $ 1,285 $ 4,345 $ 3,937 Variable lease cost 484 918 2,346 2,740 Less: Sublease income — — — (34) Total lease cost $ 2,089 $ 2,203 $ 6,691 $ 6,643 Other information: Operating cash flows from operating leases $ (1,564) $ (1,258) $ (4,246) $ (3,950) Weighted-average remaining lease term - operating leases 10.53 years 10.85 years 10.53 years 10.85 years Weighted-average discount rate - operating leases 4.04 % 3.96 % 4.04 % 3.96 % The following table presents a schedule of annual undiscounted cash flows for our operating leases and a reconciliation of those cash flows to the operating lease liabilities as of September 30, 2024, for the remainder of fiscal year 2024, the next five succeeding fiscal years and all years thereafter: (dollars in thousands) Undiscounted Cash Flows Lease Liability Discount on Cash Flows Lease Liability Year Ending December 31, 2024 (remainder) $ 1,297 $ 319 $ 978 2025 5,166 1,180 3,986 2026 5,125 1,032 4,093 2027 4,333 891 3,442 2028 3,486 776 2,710 2029 3,083 677 2,406 Thereafter 19,201 3,009 16,192 Total $ 41,691 $ 7,884 $ 33,807 In addition, the Company, as lessor, leases certain properties that it owns. All of these leases are operating leases. The following table presents lease income related to these leases that was recognized for the periods presented: Three Months Ended September 30, Nine Months Ended September 30, (dollars in thousands) 2024 2023 2024 2023 Total rental income recognized $ 519 $ 497 $ 1,539 $ 1,622 The following table presents estimated lease payments, based on the Company's leases as lessor as of September 30, 2024, for the remainder of fiscal year 2024, the next five succeeding fiscal years, and all years thereafter: (dollars in thousands) Year Ending December 31, 2024 (remainder) $ 315 2025 1,207 2026 1,074 2027 1,017 2028 608 2029 553 Thereafter 1,294 Total $ 6,068
LEASES	12. OPERATING LEASES The Company leases certain land and buildings for its bank branches and ATMs. In some instances, a lease may contain renewal options to extend the term of the lease. Renewal options that are likely to be exercised have been recognized as part of our right-of-use assets and lease liabilities in accordance with ASC 842, "Leases" . Certain leases also contain variable payments that are primarily determined based on common area maintenance costs and Hawaii state tax rates. All leases are operating leases and we do not include any short-term leases in the calculation of the right-of-use assets and lease liabilities. The most significant assumption related to the Company’s application of ASC 842 was the discount rate assumption. As most of the Company’s lease agreements do not provide for an implicit interest rate, the Company uses the collateralized interest rate that the Company would have to pay to borrow over a similar term to estimate the Company’s lease liabilities. The following table presents total lease cost, cash flow information, weighted-average remaining lease term and weighted-average discount rate for the periods presented: Three Months Ended September 30, Nine Months Ended September 30, (dollars in thousands) 2024 2023 2024 2023 Lease cost: Operating lease cost $ 1,605 $ 1,285 $ 4,345 $ 3,937 Variable lease cost 484 918 2,346 2,740 Less: Sublease income — — — (34) Total lease cost $ 2,089 $ 2,203 $ 6,691 $ 6,643 Other information: Operating cash flows from operating leases $ (1,564) $ (1,258) $ (4,246) $ (3,950) Weighted-average remaining lease term - operating leases 10.53 years 10.85 years 10.53 years 10.85 years Weighted-average discount rate - operating leases 4.04 % 3.96 % 4.04 % 3.96 % The following table presents a schedule of annual undiscounted cash flows for our operating leases and a reconciliation of those cash flows to the operating lease liabilities as of September 30, 2024, for the remainder of fiscal year 2024, the next five succeeding fiscal years and all years thereafter: (dollars in thousands) Undiscounted Cash Flows Lease Liability Discount on Cash Flows Lease Liability Year Ending December 31, 2024 (remainder) $ 1,297 $ 319 $ 978 2025 5,166 1,180 3,986 2026 5,125 1,032 4,093 2027 4,333 891 3,442 2028 3,486 776 2,710 2029 3,083 677 2,406 Thereafter 19,201 3,009 16,192 Total $ 41,691 $ 7,884 $ 33,807 In addition, the Company, as lessor, leases certain properties that it owns. All of these leases are operating leases. The following table presents lease income related to these leases that was recognized for the periods presented: Three Months Ended September 30, Nine Months Ended September 30, (dollars in thousands) 2024 2023 2024 2023 Total rental income recognized $ 519 $ 497 $ 1,539 $ 1,622 The following table presents estimated lease payments, based on the Company's leases as lessor as of September 30, 2024, for the remainder of fiscal year 2024, the next five succeeding fiscal years, and all years thereafter: (dollars in thousands) Year Ending December 31, 2024 (remainder) $ 315 2025 1,207 2026 1,074 2027 1,017 2028 608 2029 553 Thereafter 1,294 Total $ 6,068

ACCUMULATED OTHER COMPREHENSIVE

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)	9 Months Ended
	Sep. 30, 2024
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)	13. ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) The following tables present the components of other comprehensive income (loss) for the periods presented: (dollars in thousands) Before Tax Tax Effect Net of Tax Three Months Ended September 30, 2024 Net change in fair value of investment securities: Net unrealized gains on AFS investment securities arising during the period $ 27,092 $ 7,150 $ 19,942 Amortization of unrealized losses on investment securities transferred to HTM 1,920 507 1,413 Net change in fair value of investment securities 29,012 7,657 21,355 Net change in fair value of derivatives: Net unrealized losses arising during the period (4,317) (1,140) (3,177) Net change in fair value of derivatives (4,317) (1,140) (3,177) SERP: Amortization of net actuarial gain (2) (1) (1) SERP (2) (1) (1) Other comprehensive income $ 24,693 $ 6,516 $ 18,177 (dollars in thousands) Before Tax Tax Effect Net of Tax Three Months Ended September 30, 2023 Net change in fair value of investment securities: Net unrealized losses on AFS investment securities arising during the period $ (24,729) $ (6,569) $ (18,160) Reclassification adjustments from AOCI realized in net income 135 36 99 Amortization of unrealized losses on investment securities transferred to HTM 2,026 538 1,488 Net change in fair value of investment securities (22,568) (5,995) (16,573) Net change in fair value of derivatives: Net unrealized gains arising during the period 3,151 838 2,313 Net change in fair value of derivatives 3,151 838 2,313 SERP: Amortization of net actuarial gain (19) (7) (12) Amortization of net transition obligation 2 2 — SERP (17) (5) (12) Other comprehensive loss $ (19,434) $ (5,162) $ (14,272) (dollars in thousands) Before Tax Tax Effect Net of Tax Nine Months Ended September 30, 2024 Net change in fair value of investment securities: Net unrealized gains on AFS investment securities arising during the period $ 20,427 $ 5,391 $ 15,036 Amortization of unrealized losses on investment securities transferred to HTM 5,425 1,432 3,993 Net change in fair value of investment securities 25,852 6,823 19,029 Net change in fair value of derivatives: Net unrealized losses arising during the period (1,286) (340) (946) Net change in fair value of derivatives (1,286) (340) (946) SERP: Amortization of net actuarial gain (2) (1) (1) SERP (2) (1) (1) Other comprehensive income $ 24,564 $ 6,482 $ 18,082 (dollars in thousands) Before Tax Tax Effect Net of Tax Nine Months Ended September 30, 2023 Net change in fair value of investment securities: Net unrealized losses on AFS investment securities arising during the period $ (17,675) $ (4,696) $ (12,979) Reclassification adjustments from AOCI realized in net income 135 36 99 Amortization of unrealized losses on investment securities transferred to HTM 5,670 1,506 4,164 Net change in fair value of investment securities (11,870) (3,154) (8,716) Net change in fair value of derivatives: Net unrealized gains arising during the period $ 4,329 $ 1,139 $ 3,190 Net change in fair value of derivatives 4,329 1,139 3,190 SERP: Amortization of net actuarial gain (58) (17) (41) Amortization of net transition obligation 6 2 4 SERP (52) (15) (37) Other comprehensive loss $ (7,593) $ (2,030) $ (5,563) The following tables present the changes in each component of accumulated other comprehensive income (loss), net of tax, for the periods presented: (dollars in thousands) Investment Securities Derivatives SERP AOCI Three Months Ended September 30, 2024 Balance at beginning of period $ (130,248) $ 7,260 $ 297 $ (122,691) Other comprehensive income (loss) before reclassifications 19,942 (3,177) — 16,765 Reclassification adjustments from AOCI 1,413 — (1) 1,412 Total other comprehensive income (loss) 21,355 (3,177) (1) 18,177 Balance at end of period $ (108,893) $ 4,083 $ 296 $ (104,514) (dollars in thousands) Investment Securities Derivatives SERP AOCI Three Months Ended September 30, 2023 Balance at beginning of period $ (141,252) $ 5,522 $ 455 $ (135,275) Other comprehensive income (loss) before reclassifications (18,160) 2,313 — (15,847) Reclassification adjustments from AOCI 1,587 — (12) 1,575 Total other comprehensive income (loss) (16,573) 2,313 (12) (14,272) Balance at end of period $ (157,825) $ 7,835 $ 443 $ (149,547) (dollars in thousands) Investment Securities Derivatives SERP AOCI Nine Months Ended September 30, 2024 Balance at beginning of period $ (127,922) $ 5,029 $ 297 $ (122,596) Other comprehensive income (loss) before reclassifications 15,036 (946) — 14,090 Reclassification adjustments from AOCI 3,993 — (1) 3,992 Total other comprehensive income (loss) 19,029 (946) (1) 18,082 Balance at end of period $ (108,893) $ 4,083 $ 296 $ (104,514) (dollars in thousands) Investment Securities Derivatives SERP AOCI Nine Months Ended September 30, 2023 Balance at beginning of period $ (149,109) $ 4,645 $ 480 $ (143,984) Other comprehensive income (loss) before reclassifications (12,979) 3,190 — (9,789) Reclassification adjustments from AOCI 4,263 — (37) 4,226 Total other comprehensive income (loss) (8,716) 3,190 (37) (5,563) Balance at end of period $ (157,825) $ 7,835 $ 443 $ (149,547) The following tables present the amounts reclassified out of each component of AOCI for the periods presented: Amount Reclassified from AOCI Affected Line Item in the Statement Where Net Income is Presented (dollars in thousands) Three Months Ended September 30, Details about AOCI Components 2024 2023 Sale of AFS investment securities: Realized loss on sale of AFS investment securities $ — $ 135 Net loss on sale of investment securities Tax effect — (36) Income tax benefit Net of tax — 99 Amortization of unrealized losses on investment securities transferred to HTM: Amortization 1,920 2,026 Interest and dividends on investment securities Tax effect (507) (538) Income tax benefit Net of tax 1,413 1,488 SERP: Amortization of net actuarial gain (2) (19) Other operating expense - other Amortization of net transition obligation — 2 Other operating expense - other Total before tax (2) (17) Tax effect 1 5 Income tax expense Net of tax (1) (12) Total reclassification adjustments from AOCI for the period, net of tax $ 1,412 $ 1,575 Amount Reclassified from AOCI Affected Line Item in the Statement Where Net Income is Presented (dollars in thousands) Nine Months Ended September 30, Details about AOCI Components 2024 2023 Sale of AFS investment securities: Realized loss on sale of AFS investment securities $ — $ 135 Net loss on sale of investment securities Tax effect — (36) Income tax benefit Net of tax — 99 Amortization of unrealized losses on investment securities transferred to HTM: Amortization 5,425 5,670 Interest and dividends on investment securities Tax effect (1,432) (1,506) Income tax benefit Net of tax 3,993 4,164 SERP: Amortization of net actuarial gain (2) (58) Other operating expense - other Amortization of net transition obligation — 6 Other operating expense - other Total before tax (2) (52) Tax effect 1 15 Income tax expense Net of tax (1) (37) Total reclassification adjustments from AOCI for the period, net of tax $ 3,992 $ 4,226

EARNINGS PER SHARE

EARNINGS PER SHARE	9 Months Ended
	Sep. 30, 2024
Earnings Per Share [Abstract]
EARNINGS PER SHARE	14. EARNINGS PER SHARE The following table presents the information used to compute basic and diluted earnings per share for the periods presented: Three Months Ended September 30, Nine Months Ended September 30, (dollars in thousands, except per share data) 2024 2023 2024 2023 Net income $ 13,305 $ 13,141 $ 42,067 $ 43,803 Weighted average common shares outstanding - basic 27,064,035 27,042,762 27,054,737 27,022,141 Dilutive effect of employee stock options and awards 130,590 36,722 83,248 59,400 Weighted average common shares outstanding - diluted 27,194,625 27,079,484 27,137,985 27,081,541 Basic earnings per share $ 0.49 $ 0.49 $ 1.55 $ 1.62 Diluted earnings per share $ 0.49 $ 0.49 $ 1.55 $ 1.62 Anti-dilutive employee stock options and awards — 23,830 62 24,281

FAIR VALUE OF FINANCIAL ASSETS

FAIR VALUE OF FINANCIAL ASSETS AND LIABILITIES	9 Months Ended
	Sep. 30, 2024
Fair Value Disclosures [Abstract]
FAIR VALUE OF FINANCIAL ASSETS AND LIABILITIES	15. FAIR VALUE OF FINANCIAL ASSETS AND LIABILITIES Disclosures about Fair Value of Financial Instruments Fair value estimates, methods and assumptions are set forth below for our financial instruments. Short-Term Financial Instruments The carrying values of short-term financial instruments are deemed to approximate fair values. Such instruments are considered readily convertible to cash and include cash and due from financial institutions, interest-bearing deposits in other financial institutions, accrued interest receivable, the majority of FHLB advances and other short-term borrowings, and accrued interest payable. Investment Securities The fair value of investment securities is based on market price quotations received from third-party pricing services. The third-party pricing services utilize pricing models supported with timely market data information. Where quoted market prices are not available, fair values are based on quoted market prices of comparable securities. Loans Fair values of loans are estimated based on discounted cash flows of portfolios of loans with similar financial characteristics including the type of loan, interest terms and repayment history. Fair values are calculated by discounting scheduled cash flows through estimated maturities using estimated market discount rates. Estimated market discount rates are reflective of credit and int erest rate risks inherent in the Company's various loan types and are derived from available market information, as well as specific borrower information. The weighted average discount rate used in the valuation of loans was 6.28% and 6.86% as of September 30, 2024 and December 31, 2023, respectively . In accordance with ASU 2016-01, the fair values of loans are measured based on the notion of exit price. Loans Held for Sale The fair value of loans classified as held for sale are generally based upon quoted prices for similar assets in active markets, acceptance of firm offer letters with agreed upon purchase prices, discounted cash flow models that take into account market observable assumptions, or independent appraisals of the underlying collateral securing the loans. We report loans previously held for investment that were transferred to loans held for sale, if any, at fair value, net of estimated selling costs on our consolidated balance sheets. Deposit Liabilities The fair values of deposits with no stated maturity, such as noninterest-bearing demand deposits and interest-bearing demand and savings accounts, for the purposes of this disclosure, are shown to equal the carrying amount which is the amount payable on demand. The fair value of time deposits is estimated by discounting future cash flows using rates currently offered for FHLB advances of similar remaining maturities. The weighted average discount rate used in the valuation of time deposits was 4.75% and 5.48% as of September 30, 2024 and December 31, 2023, respectively . Long-Term Debt The fair values of our long-term debt is estimated by discounting scheduled cash flows over the contractual borrowing period at the estimated market rate for similar borrowing arrangements. The weighted average discount rate used in the valuation of long-term debt was 6.15% and 6.83% a s of September 30, 2024 and December 31, 2023, respectively . Derivatives The fair values of derivative financial instruments are based upon current market values, if available. If there are no relevant comparable values, fair values are based on pricing models using current assumptions for interest rate swaps and options. Off-Balance Sheet Financial Instruments The fair values of off-balance sheet financial instruments are estimated based on the fees currently charged to enter into similar agreements, taking into account the remaining terms of the agreements and the present creditworthiness of the counterparties, current settlement values or quoted market prices of comparable instruments. Limitations Fair value estimates are made at a specific point in time based on relevant market and financial instrument information. These estimates do not reflect any premium or discount that could result from offering for sale at one time our entire holdings of a particular financial instrument. Because no market exists for a significant portion of our financial instruments, fair value estimates are based on judgments regarding future expected loss experience, current economic conditions, risk characteristics of various financial instruments and other factors. These estimates cannot be determined with precision as they are subjective in nature and involve uncertainties and matters of significant judgment. Changes in assumptions could significantly affect the estimates. Fair value estimates are based on existing on- and off-balance sheet financial instruments without attempting to estimate the value of future business and the value of assets and liabilities that are not considered financial instruments. For example, significant assets and liabilities that are not considered financial assets or liabilities include deferred tax assets, premises and equipment and intangible assets. Fair Value Measurement Using (dollars in thousands) Carrying Estimated Quoted Prices Significant Significant September 30, 2024 Financial assets: Cash and due from financial institutions $ 100,064 $ 100,064 $ 100,064 $ — $ — Interest-bearing deposits in other financial institutions 226,505 226,505 226,505 — — Investment securities 1,329,570 1,270,443 36,453 1,226,934 7,056 Loans held for sale 1,609 1,609 — 1,609 — Loans 5,342,609 5,023,606 — — 5,023,606 Accrued interest receivable 23,942 23,942 489 4,054 19,399 Financial liabilities: Deposits: Noninterest-bearing demand 1,838,009 1,838,009 1,838,009 — — Interest-bearing demand and savings and money market 3,591,705 3,591,705 3,591,705 — — Time 1,153,299 1,146,531 — — 1,146,531 Long-term debt 156,284 150,081 — — 150,081 Accrued interest payable 12,980 12,980 123 — 12,857 Fair Value Measurement Using (dollars in thousands) Notional Carrying Estimated Quoted Prices Significant Significant September 30, 2024 Off-balance sheet financial instruments: Commitments to extend credit $ 1,267,835 $ — $ 1,244 $ — $ 1,244 $ — Standby letters of credit and financial guarantees written 2,807 — 42 — 42 — Derivatives: Interest rate lock commitments 1,585 (2) (2) — (2) — Risk participation agreements 35,395 — — — — — Back-to-back swap agreements: Assets 50,426 2,875 2,875 — — 2,875 Liabilities (50,426) (2,875) (2,875) — — (2,875) Interest rate swap agreements 115,545 5,202 5,202 — — 5,202 Fair Value Measurement Using (dollars in thousands) Carrying Estimated Quoted Prices Significant Significant December 31, 2023 Financial assets: Cash and due from financial institutions $ 116,181 $ 116,181 $ 116,181 $ — $ — Interest-bearing deposits in other financial institutions 406,256 406,256 406,256 — — Investment securities 1,279,548 1,212,388 — 1,205,238 7,150 Loans held for sale 1,778 1,778 — 1,778 — Loans 5,438,982 5,089,292 — — 5,089,292 Accrued interest receivable 21,511 21,511 342 4,043 17,126 Financial liabilities: Deposits: Noninterest-bearing demand 1,913,379 1,913,379 1,913,379 — — Interest-bearing demand and savings and money market 3,538,922 3,538,922 3,538,922 — — Time 1,395,291 1,385,473 — — 1,385,473 Long-term debt 156,102 153,073 — — 153,073 Accrued interest payable 18,948 18,948 85 — 18,863 Fair Value Measurement Using (dollars in thousands) Notional Carrying Estimated Quoted Prices Significant Significant December 31, 2023 Off-balance sheet financial instruments: Commitments to extend credit $ 1,275,331 $ — $ 1,210 $ — $ 1,210 $ — Standby letters of credit and financial guarantees written 3,301 — 50 — 50 — Derivatives: Interest rate lock commitments 1,807 (34) (34) — (34) — Risk participation agreements 36,022 — — — — — Back-to-back swap agreements: Assets 51,059 3,547 3,547 — — 3,547 Liabilities (51,059) (3,547) (3,547) — — (3,547) Interest rate swap agreements 115,545 6,440 6,440 — — 6,440 Fair Value Measurements We group our financial assets and liabilities at fair value into three levels based on the markets in which the financial assets and liabilities are traded and the reliability of the assumptions used to determine fair value as follows: • Level 1 — Valuation is based upon quoted prices (unadjusted) for identical assets or liabilities traded in active markets. A quoted price in an active market provides the most reliable evidence of fair value and shall be used to measure fair value whenever available. • Level 2 — Valuation is based upon quoted prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active, and model-based valuation techniques for which all significant assumptions are observable in the market. • Level 3 — Valuation is generated from model-based techniques that use significant assumptions not observable in the market. These unobservable assumptions reflect our own estimates of assumptions that market participants would use in pricing the asset or liability. Valuation techniques include use of discounted cash flow models and similar techniques that requires the use of significant judgment or estimation. We base our fair values on the price that we would expect to receive if an asset were sold, or the price that we would expect to pay to transfer a liability in an orderly transaction between market participants at the measurement date. We also maximize the use of observable inputs and minimize the use of unobservable inputs when developing fair value measurements. We use fair value measurements to record adjustments to certain financial assets and liabilities and to determine fair value disclosures. Available-for-sale securities and derivatives are recorded at fair value on a recurring basis. Periodically, we may be required to record other financial assets at fair value on a nonrecurring basis such as loans held for sale, individually evaluated loans, mortgage servicing rights, and other real estate owned. These nonrecurring fair value adjustments typically involve application of the lower of cost or fair value accounting or write-downs of individual assets. The following tables present the fair value of financial assets and liabilities measured on a recurring basis as of the dates presented: Fair Value at Reporting Date Using (dollars in thousands) Fair Value Quoted Prices Significant Significant September 30, 2024 Available-for-sale securities: Debt securities: States and political subdivisions $ 123,181 $ — $ 116,843 $ 6,338 Corporate securities 32,554 — 32,554 — U.S. Treasury and other government-sponsored entities and agencies 59,230 36,453 22,777 — Mortgage-backed securities: Residential - U.S. government-sponsored entities and agencies 386,296 — 386,296 — Residential - Non-government agencies 17,834 — 17,116 718 Commercial - U.S. government-sponsored entities and agencies 89,029 — 89,029 — Commercial - Non-government agencies 15,329 — 15,329 — Total available-for-sale investment securities 723,453 36,453 679,944 7,056 Derivatives: Interest rate lock commitments (2) — (2) — Interest rate swap agreements 5,202 — — 5,202 Total derivatives 5,200 — (2) 5,202 Total $ 728,653 $ 36,453 $ 679,942 $ 12,258 Fair Value at Reporting Date Using (dollars in thousands) Fair Value Quoted Prices Significant Significant December 31, 2023 Available-for-sale securities: Debt securities: States and political subdivisions $ 126,635 $ — $ 120,199 $ 6,436 Corporate securities 31,414 — 31,414 — U.S. Treasury and other government-sponsored entities and agencies 26,197 — 26,197 — Mortgage-backed securities: Residential - U.S. government-sponsored entities and agencies 378,386 — 378,386 — Residential - Non-government agencies 18,708 — 17,994 714 Commercial - U.S. government-sponsored entities and agencies 50,914 — 50,914 — Commercial - Non-government agencies 14,956 — 14,956 — Total available-for-sale investment securities 647,210 — 640,060 7,150 Derivatives: Interest rate lock commitments (34) — (34) — Interest rate swap agreements 6,440 — — 6,440 Total derivatives 6,406 — (34) 6,440 Total $ 653,616 $ — $ 640,026 $ 13,590 The following table presents changes in Level 3 financial assets and liabilities measured at fair value on a recurring basis for the periods presented: Available-For-Sale Debt Securities: (dollars in thousands) States and Political Subdivisions Residential - Non-Government Agencies Interest Rate Swap Agreements Total Balance at December 31, 2023 $ 6,436 $ 714 $ 6,440 $ 13,590 Principal payments received (163) (18) — (181) Unrealized net gain (loss) included in other comprehensive income 65 22 (1,238) (1,151) Balance at September 30, 2024 $ 6,338 $ 718 $ 5,202 $ 12,258 Balance at December 31, 2022 $ 6,584 $ 684 $ 5,986 $ 13,254 Principal payments received (172) (17) — (189) Unrealized net gain (loss) included in other comprehensive income (49) 4 4,149 4,104 Balance at September 30, 2023 $ 6,363 $ 671 $ 10,135 $ 17,169 Based on a discounted cash flow model that calculates the present value of estimated future principal and interest payments, the estimated aggregate fair value of Level 3 financial assets and liabilities measured at fair value on a recurring basis was $12.3 million and $13.6 million as of September 30, 2024 and December 31, 2023 , respectively. The weighted-average discount rate was used as the significant unobservable input in the fair value measurement of the available-for-sale debt securities. The weighted average discount rate utilized was 5.72% and 6.12% as of September 30, 2024 and December 31, 2023, respectively, which was derived by incorporating a credit spread over the FHLB Fixed-Rate Advance curve. Significant increases (decreases) in the weighted-average discount rate could result in a significantly lower (higher) fair value measurement. The significant unobservable input used in the fair value measurement of the Company's interest rate swap is the weighted-average discount rate. The weighted average discount rate utilized was 3.42% and 3.34% as of September 30, 2024 and December 31, 2023, respectively. There were no financial assets or liabilities measured on a nonrecurring basis as of September 30, 2024 and December 31, 2023.

LEGAL PROCEEDINGS

LEGAL PROCEEDINGS	9 Months Ended
	Sep. 30, 2024
Legal Proceedings [Abstract]
LEGAL PROCEEDINGS	16. LEGAL PROCEEDINGS

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($) $ in Thousands	3 Months Ended						9 Months Ended
	Sep. 30, 2024	Jun. 30, 2024	Mar. 31, 2024	Sep. 30, 2023	Jun. 30, 2023	Mar. 31, 2023	Sep. 30, 2024	Sep. 30, 2023
Pay vs Performance Disclosure
Total reclassification adjustments from AOCI for the period, net of tax	$ 13,305	$ 15,817	$ 12,945	$ 13,141	$ 14,475	$ 16,187	$ 42,067	$ 43,803

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
	Sep. 30, 2024
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	9 Months Ended
	Sep. 30, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	Basis of Presentation The accompanying unaudited consolidated financial statements of Central Pacific Financial Corp. and Subsidiaries (herein referred to as the "Company," "we," "us," or "our") have been prepared in accordance with U.S. generally accepted accounting principles ("GAAP") for interim financial information and instructions to Form 10-Q and Rule 10-01 of Regulation S-X. Accordingly, certain information and footnote disclosures normally included in financial statements prepared in accordance with GAAP have been condensed or omitted pursuant to such rules and regulations. These interim condensed consolidated financial statements and notes should be read in conjunction with the Company's consolidated financial statements and notes thereto filed on Form 10-K for the fiscal year ended December 31, 2023. In the opinion of management, all adjustments necessary for a fair presentation have been made and include all normal recurring adjustments. Interim results of operations are not necessarily indicative of results to be expected for the year.
Allowance for Credit Losses for Loans	Allowance for Credit Losses for Loans The allowance for credit losses ("ACL") for loans is a valuation account that is deducted from the amortized cost basis of loans to present the net amount expected to be collected on loans. The Company’s policy is to charge off a loan against the ACL during the period in which the loan is deemed to be uncollectible and all interest previously accrued but uncollected, is reversed against current period interest income. Subsequent receipts, if any, are credited first to the remaining principal, then to the ACL for loans as recoveries, and finally to interest income. The ACL for loans represents management's estimate of all expected credit losses over the expected life of the Company’s loan portfolio as of a given balance sheet date. Management estimates the ACL balance using relevant information available from both internal and external sources, regarding the collectability of cash flows impacted by past events, current conditions, and reasonable and supportable forecasts of future economic conditions. When the Company is unable to forecast future economic events, management may revert to historical information. The Company's ACL model incorporates a reasonable and supportable forecast period of one year and reverts to historical loss information on a straight-line basis over one year when its forecast is no longer deemed reasonable and supportable. Historical loss experience provides the basis for the Company’s expected credit loss estimate. Adjustments to historical loss information may be made for differences in current loan-specific risk characteristics, such as differences in underwriting standards, portfolio mix, or when historical asset terms do not reflect the contractual terms of the financial assets being evaluated. The Company's ACL model may also consider other adjustments to address changes in conditions, trends, and circumstances such as local industry changes that could have a significant impact on the risk profile of the loan portfolio and provide for adjustments that may not be reflected or captured in the historical loss data. These factors include: lending policies, imprecision in forecasting future economic conditions, loan profile, lending staff, problem loan trends, loan review, collateral, credit concentration, or other internal and external factors. The Company uses Moody’s Analytics ("Moody's"), a firm widely recognized and used for its research, analysis, and economic forecasts, for its economic forecast assumptions. The Company generally uses Moody’s most recent Baseline forecast, which is updated at least monthly with a variety of upside and downside economic scenarios and includes both national and Hawaii-specific economic indicators. In addition, the Company uses a qualitative factor for forecast imprecision to account for economic and market volatility or instability. The ACL for loans is measured on a collective or pool basis when similar risk characteristics exist. The following is a description and the risk characteristics of each segment: Commercial and industrial loans - SBA Paycheck Protection Program loans Paycheck Protection Program (“PPP”) loans are considered lower risk as they are guaranteed by the Small Business Administration (“SBA”) and may be forgivable in whole or in part in accordance with the requirements of the PPP. Commercial and industrial loans - Others Commercial and industrial loans consist primarily of term loans and lines of credit to small- and middle-market businesses and professionals. The predominant risk characteristics of this segment are the cash flows of the business we lend to, global cash flows including guarantor liquidity, as well as economic and market conditions. Although our underwriting policy and practice generally requires secondary sources of support or collateral to mitigate risk, cash flow generated from the borrower’s business is typically regarded as the principal source of repayment. Construction loans Construction loans include both residential and commercial development projects. Each construction project is evaluated for economic viability and construction loans pose higher credit risks than typical secured loans. Financial strength of the borrower, completion risk (the risk that the project will not be completed on time and within budget) and geographic location are the predominant risk characteristics of this segment. Commercial real estate loans - Multi-family Multi-family mortgage loans can comprise multi-building properties with extensive amenities or a single building with no amenities. The predominant risk characteristic of this segment is operating risk or the ability to generate sufficient rental income from the operation of the property. Commercial real estate loans - Others Commercial real estate loans are secured by commercial properties. The predominant risk characteristic of this segment is operating risk, which is the risk that the borrower will be unable to generate sufficient cash flows from the operation of the property. Interest rate conditions and the commercial real estate market through economic cycles also impact risk levels. Residential mortgage loans Residential mortgage loans primarily includes fixed-rate or adjustable-rate loans secured by single-family owner-occupied primary residences in Hawaii. Economic conditions such as unemployment levels, future changes in interest rates, Hawaii home prices and other market factors impact the level of credit risk inherent in the portfolio. Home equity lines of credit Home equity lines of credit include fixed or floating interest rate loans and are also primarily secured by single-family owner-occupied primary residences in Hawaii. They are underwritten based on a minimum FICO score, maximum debt-to-income ratio, and maximum combined loan-to-value ratio. Home equity lines of credit are monitored based on credit score, delinquency, end of draw period and maturity. Consumer loans - Other revolving Other revolving consumer loans consist of unsecured consumer lines of credit. The predominant risk characteristics of this segment relate to current and projected economic conditions, as well as employment and income levels attributed to the borrower. Consumer loans - Non-revolving Non-revolving consumer loans consist of non-revolving (term) consumer loans, including automobile dealer loans. The predominant risk characteristics of this segment relate to current and projected economic conditions, as well as employment and income levels attributed to the borrower. Purchased consumer loans Purchased consumer loans consist of dealer and unsecured consumer loans. Credit risk for purchased consumer loans is managed on a pooled basis. The predominant risk characteristics of this segment include current and projected economic conditions, employment and income levels, and the quality of purchased consumer loans. The following table presents the Company's loan portfolio segments and the methodology used to measure expected credit losses. The historical look-back period is 2008 to present, economic forecast length is one year and the reversion method is one year (on a straight-line basis) for all segments. Expected Credit Loss Methodology Historical Look-Back Period Economic Forecast Length Reversion Method Loan Segment After June 30, 2023 June 30, 2023 Commercial and industrial - SBA PPP Zero Loss Zero Loss 2008 to present One year One year Commercial and industrial - All others DCF PD/LGD Construction DCF PD/LGD Commercial real estate - Multi-family DCF PD/LGD Commercial real estate - All others DCF PD/LGD Residential mortgage DCF Loss-Rate Migration Home equity DCF Loss-Rate Migration Consumer - Other revolving DCF Loss-Rate Migration Consumer - Non-revolving DCF Loss-Rate Migration Consumer - Purchased portfolios WARM WARM During the third quarter of 2023, the Company updated its methodology to measure expected credit losses from the Probability of Default/Loss Given Default ("PD/LGD") or Loss-Rate Migration methods to the Discounted Cash Flow ("DCF") method for all segments except the SBA PPP and purchased consumer loan segments. The Company believes that the DCF methodology has better alignment with the Current Expected Credit Losses ("CECL") standard for forward looking forecasting, while also factoring in more detailed assumptions. At the time of the methodology update, the Company ran the ACL model under both the current and previous methodologies and noted that the changes to the ACL model and the differences in methodologies did not result in a material impact to the Company's financial statements and as a percentage of the ACL. The Company is utilizing an industry leading software platform to perform the DCF analysis using a historical look back period of 2008 to present. The Company continues to use the Moody's baseline forecast with an economic forecast length of one year and a one-year, straight-line reversion method. We revert to the historical average of the macroeconomic variables being used. Forecast models exclude the post-2019 COVID-19 pandemic period due to abnormal and volatile behavior. The ACL on the purchased consumer loan portfolios continues to be calculated using the Remaining Life methodology (also known as the Weighted Average Remaining Maturity or "WARM" methodology) as this portfolio is evaluated on a pooled basis. Because SBA PPP loans are guaranteed by the SBA and may be forgivable in whole or in part in accordance with the requirements of the PPP we anticipate zero losses on these loans and accordingly apply a Zero Loss methodology. The following is a description of the methodologies utilized to measure expected credit losses from the third quarter of 2023 to present: Discounted Cash Flow The DCF methodology calculates CECL reserves as the difference between the amortized cost of a loan and the discounted expected value of future cash flows. Expected future cash flows are calculated based on assumptions of PD/LGD, prepayments and recovery rates, and are discounted using the loan’s effective interest rate. Remaining Life or Weighted Average Remaining Maturity Under the remaining life or WARM methodology, lifetime losses are calculated by determining the remaining life of the loan pool, and then applying a loss rate over this remaining life of the loan. The methodology considers historical loss experience to estimate credit losses for the remaining balance of the loan pool. The calculated loss rate is applied to the contractual term (adjusted for prepayments) to determine the loan pool’s current expected credit losses. The following is a description of the methodologies utilized to measure expected credit losses as of June 30, 2023 and prior: Probability of Default/Loss Given Default The PD/LGD calculation is based on a cohort methodology whereby loans in the same cohort are tracked over time to identify defaults and corresponding losses. PD/LGD analysis requires a portfolio segmented into pools, and we elected to then further sub-segment by risk characteristics such as Risk Rating, loans modified for borrowers experiencing financial difficulty, TDRs prior to the adoption of ASU 2022-02 and nonaccrual status to measure losses accurately. PD measures the count or dollar amount of loans that defaulted in a given cohort. LGD measures the losses related to the loans that defaulted. Total loss rate is calculated using the formula 'PD times LGD'. Loss-Rate Migration Loss-rate migration analysis is a cohort-based approach that measures cumulative net charge-offs over a defined time-horizon to calculate a loss rate that will be applied to the loan pool. Loss-rate migration analysis requires the portfolio to be segmented into pools then further sub-segmented by risk characteristics such as days past due, delinquency counters, loans modified for borrowers experiencing financial difficulty, TDRs prior to the adoption of ASU 2022-02 and nonaccrual status to measure loss rates accurately. The key inputs to run a loss-rate migration analysis are the length and frequency of the migration period, the dates for the migration periods to start and the number of migration periods used for the analysis. For each migration period, the analysis will determine the outstanding balance in each segment and/or sub-segment at the start of each period. These loans will then be followed for the length of the migration period to identify the amount of associated charge-offs and recoveries. A loss rate for each migration period is calculated using the formula: net charge-offs over the period divided by beginning loan balance. Other Under both the previous and current methodologies utilized to measure expected credit losses, if a loan ceases to share similar risk characteristics with other loans in its segment, it will be moved to a different pool sharing similar risk characteristics. Loans that do not share risk characteristics are evaluated on an individual basis based on the fair value of the collateral or other approaches such as the discounted cash flows methodology. Individually evaluated loans are not included in the collective evaluation.
Impact of Other Recently Issued Accounting Pronouncements on Future Filings	Impact of Recently Issued Accounting Pronouncements on Future Filings In December 2023, the FASB issued ASU 2023-09, "Income Taxes (Topic 740): Improvements to Income Tax Disclosures" . ASU 2023-09 expands existing income tax disclosures for rate reconciliations by requiring disclosure of certain specific categories in the rate reconciliation, as well as additional qualitative information about the reconciliation, and additional disaggregated information about income taxes paid. ASU 2023-09 is effective for fiscal years beginning after December 15, 2024, with early adoption permitted, and is to be applied on a prospective basis. The Company does not expect ASU 2023-09 to have a material impact on its consolidated financial statements.

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	9 Months Ended
	Sep. 30, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Schedule of Financing Receivable Portfolio Segments	The following table presents the Company's loan portfolio segments and the methodology used to measure expected credit losses. The historical look-back period is 2008 to present, economic forecast length is one year and the reversion method is one year (on a straight-line basis) for all segments. Expected Credit Loss Methodology Historical Look-Back Period Economic Forecast Length Reversion Method Loan Segment After June 30, 2023 June 30, 2023 Commercial and industrial - SBA PPP Zero Loss Zero Loss 2008 to present One year One year Commercial and industrial - All others DCF PD/LGD Construction DCF PD/LGD Commercial real estate - Multi-family DCF PD/LGD Commercial real estate - All others DCF PD/LGD Residential mortgage DCF Loss-Rate Migration Home equity DCF Loss-Rate Migration Consumer - Other revolving DCF Loss-Rate Migration Consumer - Non-revolving DCF Loss-Rate Migration Consumer - Purchased portfolios WARM WARM

INVESTMENT SECURITIES (Tables)

INVESTMENT SECURITIES (Tables)	9 Months Ended
	Sep. 30, 2024
Investments, Debt and Equity Securities [Abstract]
Summary of available for sale and held to maturity investment securities	The amortized cost, gross unrecognized/unrealized gains and losses, fair value and related ACL on available-for-sale ("AFS") and held-to-maturity ("HTM") debt securities at September 30, 2024 and December 31, 2023 are as follows: Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value ACL (dollars in thousands) September 30, 2024 Available-for-sale: Debt securities: States and political subdivisions $ 147,833 $ 18 $ (24,670) $ 123,181 $ — Corporate securities 35,373 — (2,819) 32,554 — U.S. Treasury and other government-sponsored entities and agencies 59,632 1,323 (1,725) 59,230 — Mortgage-backed securities: Residential - U.S. government-sponsored entities and agencies 433,493 857 (48,054) 386,296 — Residential - Non-government agencies 18,085 471 (722) 17,834 — Commercial - U.S. government-sponsored entities and agencies 101,018 425 (12,414) 89,029 — Commercial - Non-government agencies 15,331 5 (7) 15,329 — Total available-for-sale investment securities $ 810,765 $ 3,099 $ (90,411) $ 723,453 $ — Amortized Cost Gross Unrecognized Gains Gross Unrecognized Losses Fair Value ACL (dollars in thousands) September 30, 2024 Held-to-maturity: Debt securities: States and political subdivisions $ 42,013 $ — $ (7,283) $ 34,730 $ — Mortgage-backed securities: Residential - U.S. government-sponsored entities and agencies 564,104 63 (51,907) 512,260 — Total held-to-maturity investment securities $ 606,117 $ 63 $ (59,190) $ 546,990 $ — Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value ACL (dollars in thousands) December 31, 2023 Available-for-sale: Debt securities: States and political subdivisions $ 156,432 $ 13 $ (29,810) $ 126,635 $ — Corporate securities 35,731 — (4,317) 31,414 — U.S. Treasury and other government-sponsored entities and agencies 28,105 33 (1,941) 26,197 — Mortgage-backed securities: Residential - U.S. government-sponsored entities and agencies 441,898 95 (63,607) 378,386 — Residential - Non-government agencies 19,322 366 (980) 18,708 — Commercial - U.S. government-sponsored entities and agencies 58,318 — (7,404) 50,914 — Commercial - Non-government agencies 15,144 — (188) 14,956 — Total available-for-sale investment securities $ 754,950 $ 507 $ (108,247) $ 647,210 $ — Amortized Cost Gross Unrecognized Gains Gross Unrecognized Losses Fair Value ACL (dollars in thousands) December 31, 2023 Held-to-maturity: Debt securities: States and political subdivisions $ 41,959 $ — $ (6,706) $ 35,253 $ — Mortgage-backed securities: Residential - U.S. government-sponsored entities and agencies 590,379 61 (60,515) 529,925 — Total held-to-maturity investment securities $ 632,338 $ 61 $ (67,221) $ 565,178 $ —
Schedule of amortized cost and estimated fair value of investment securities by contractual maturity	The amortized cost, estimated fair value and weighted average yield of our AFS and HTM debt securities at September 30, 2024, by contractual maturity, are shown below. Expected maturities may differ from contractual maturities because issuers may have the right to call or prepay obligations with or without call or prepayment penalties. Securities not due at a single maturity date are shown separately. (dollars in thousands) Amortized Cost Fair Value Weighted Average Yield (1) Available-for-sale: Debt securities: Due in one year or less $ 4,287 $ 4,300 5.88 % Due after one year through five years 58,844 56,071 2.78 Due after five years through ten years 58,523 57,627 3.92 Due after ten years 121,184 96,967 2.43 Mortgage-backed securities: Residential - U.S. government-sponsored entities and agencies 433,493 386,296 2.27 Residential - Non-government agencies 18,085 17,834 5.59 Commercial - U.S. government-sponsored entities and agencies 101,018 89,029 2.73 Commercial - Non-government agencies 15,331 15,329 4.55 Total available-for-sale securities $ 810,765 $ 723,453 2.67 % (dollars in thousands) Amortized Cost Fair Value Weighted Average Yield (1) Held-to-maturity: Debt securities: Due after ten years $ 42,013 $ 34,730 2.26 % Mortgage-backed securities: Residential - U.S. government-sponsored entities and agencies 564,104 512,260 1.90 Total held-to-maturity securities $ 606,117 $ 546,990 1.92 % (1) Weighted-average yields are computed on an annual basis, and yields on tax-exempt obligations are computed on a taxable-equivalent basis using a federal statutory tax rate of 21%
Schedule of investment securities in an unrealized loss position	Th e following tables summarize AFS and HTM investment securities, which were in a loss position as of the dates presented, aggregated by major security type and length of time in a continuous loss position. There were a total of 212 and 208 AFS investment securities which were in an unrealized loss position, without an ACL, at September 30, 2024 and December 31, 2023, respectively. There were a total of 82 HTM investment securities which were in an unrecognized loss position, without an ACL, at September 30, 2024 and December 31, 2023. Less Than 12 Months 12 Months or Longer Total (dollars in thousands) Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses September 30, 2024 Available-for-sale: Debt securities: States and political subdivisions $ 4,600 $ (33) $ 111,552 $ (24,637) $ 116,152 $ (24,670) Corporate securities — — 32,554 (2,819) 32,554 (2,819) U.S. Treasury and other government-sponsored entities and agencies 1,308 (26) 14,498 (1,699) 15,806 (1,725) Mortgage-backed securities: Residential - U.S. government-sponsored entities and agencies 23,295 (183) 329,454 (47,871) 352,749 (48,054) Residential - Non-government agencies — — 7,992 (722) 7,992 (722) Commercial - U.S. government-sponsored entities and agencies 1,275 (107) 68,444 (12,307) 69,719 (12,414) Commercial - Non-government agencies — — 5,425 (7) 5,425 (7) Total $ 30,478 $ (349) $ 569,919 $ (90,062) $ 600,397 $ (90,411) Less Than 12 Months 12 Months or Longer Total (dollars in thousands) Fair Value Unrecognized Losses Fair Value Unrecognized Losses Fair Value Unrecognized Losses September 30, 2024 Held-to-maturity: Debt securities: States and political subdivisions $ — $ — $ 34,730 $ (7,283) $ 34,730 $ (7,283) Mortgage-backed securities: Residential - U.S. government-sponsored entities and agencies — — 504,405 (51,907) 504,405 (51,907) Total $ — $ — $ 539,135 $ (59,190) $ 539,135 $ (59,190) Less Than 12 Months 12 Months or Longer Total (dollars in thousands) Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses December 31, 2023 Available-for-sale: Debt securities: States and political subdivisions $ 534 $ (1) $ 114,601 $ (29,809) $ 115,135 $ (29,810) Corporate securities — — 31,414 (4,317) 31,414 (4,317) U.S. Treasury and other government-sponsored entities and agencies 2,893 (87) 16,286 (1,854) 19,179 (1,941) Mortgage-backed securities: Residential - U.S. government-sponsored entities and agencies — — 367,887 (63,607) 367,887 (63,607) Residential - Non-government agencies — — 8,169 (980) 8,169 (980) Commercial - U.S. government-sponsored entities and agencies 6,467 (1) 44,447 (7,403) 50,914 (7,404) Commercial - Non-government agencies 9,663 (130) 5,293 (58) 14,956 (188) Total $ 19,557 $ (219) $ 588,097 $ (108,028) $ 607,654 $ (108,247) Less Than 12 Months 12 Months or Longer Total (dollars in thousands) Fair Value Unrecognized Losses Fair Value Unrecognized Losses Fair Value Unrecognized Losses December 31, 2023 Held-to-maturity: Debt securities: States and political subdivisions $ — $ — $ 35,253 $ (6,706) $ 35,253 $ (6,706) Mortgage-backed securities: Residential - U.S. government-sponsored entities and agencies 8,853 (33) 512,378 (60,482) 521,231 (60,515) Total $ 8,853 $ (33) $ 547,631 $ (67,188) $ 556,484 $ (67,221)

LOANS AND CREDIT QUALITY (Table

LOANS AND CREDIT QUALITY (Tables)	9 Months Ended
	Sep. 30, 2024
Receivables [Abstract]
Schedule of loans and leases, excluding loans held for sale	The following table presents loans by class, excluding loans held for sale, net of deferred fees and costs as of the dates presented: (dollars in thousands) September 30, 2024 December 31, 2023 Commercial and industrial $ 599,556 $ 576,038 Real estate: Construction 158,523 185,994 Residential mortgage 1,897,526 1,927,206 Home equity 695,175 734,500 Commercial mortgage 1,472,230 1,384,579 Consumer 520,014 630,898 Gross loans 5,343,024 5,439,215 Deferred fees and costs, net (415) (233) Total loans, net of deferred fees and costs $ 5,342,609 $ 5,438,982
Financing Receivable, Purchased With Credit Deterioration	The following tables present the loan purchase information at the time of purchase by class during the periods presented. None of these loan purchases were categorized as purchased credit deteriorated ("PCD") and there were no loans categorized as PCD during the periods presented. There were no loan purchases made during the three months ended September 30, 2023. Three Months Ended September 30, 2024 (dollars in thousands) U.S. Mainland Consumer - Unsecured U.S. Mainland Consumer - Automobile Total Purchases: Outstanding balance $ — $ 14,731 $ 14,731 Premium — 921 921 Purchase price $ — $ 15,652 $ 15,652 Nine Months Ended September 30, 2024 Nine Months Ended September 30, 2023 U.S. Mainland Consumer - Unsecured U.S. Mainland Consumer - Automobile Total U.S. Mainland Consumer - Unsecured U.S. Mainland Consumer - Automobile Total Purchases: Outstanding balance $ — $ 27,115 $ 27,115 $ 3,932 $ 15,159 $ 19,091 Premium — 1,168 1,168 — 568 568 Purchase price $ — $ 28,283 $ 28,283 $ 3,932 $ 15,727 $ 19,659
Schedule of aging of the recorded investment in past due loans and leases, by class	The following tables also present the amortized cost of loans on nonaccrual status for which there was no related ACL as of the dates presented: (dollars in thousands) Accruing Accruing Accruing Nonaccrual Total Loans Not Total Loans Nonaccrual September 30, 2024 Commercial and industrial $ 1,924 $ 688 $ — $ 376 $ 2,988 $ 596,459 $ 599,447 $ — Real estate: Construction — — — — — 158,126 158,126 — Residential mortgage — 1,990 13 9,680 11,683 1,886,236 1,897,919 9,680 Home equity 387 254 135 915 1,691 695,432 697,123 915 Commercial mortgage 203 — — — 203 1,470,107 1,470,310 — Consumer 4,644 1,667 481 626 7,418 512,266 519,684 — Total $ 7,158 $ 4,599 $ 629 $ 11,597 $ 23,983 $ 5,318,626 $ 5,342,609 $ 10,595 (dollars in thousands) Accruing Accruing Accruing Nonaccrual Total Loans Not Total Loans Nonaccrual December 31, 2023 Commercial and industrial $ 513 $ 169 $ — $ 432 $ 1,114 $ 574,593 $ 575,707 $ — Real estate: Construction — — — — — 185,519 185,519 — Residential mortgage 3,082 2,140 — 4,962 10,184 1,917,605 1,927,789 4,855 Home equity 804 400 229 834 2,267 734,257 736,524 834 Commercial mortgage — — — 77 77 1,382,825 1,382,902 77 Consumer 5,677 2,329 1,083 703 9,792 620,749 630,541 — Total $ 10,076 $ 5,038 $ 1,312 $ 7,008 $ 23,434 $ 5,415,548 $ 5,438,982 $ 5,766
Schedule of balance in the allowance for loan and lease losses and the recorded investment in loans and leases based on the impairment measurement methods, by class	The following tables present the amortized cost basis of collateral-dependent loans by class and the related ACL allocated to these loans as of the dates presented: (dollars in thousands) Secured by Secured by Total Allocated September 30, 2024 Real estate: Residential mortgage $ 9,679 $ — $ 9,679 $ — Home equity 915 — 915 — Total $ 10,594 $ — $ 10,594 $ — (dollars in thousands) Secured by Secured by Total Allocated December 31, 2023 Real estate: Residential mortgage $ 6,450 $ — $ 6,450 $ 47 Home equity 834 — 834 — Commercial mortgage — 77 77 — Total $ 7,284 $ 77 $ 7,361 $ 47
Schedule of recorded investment in loans and leases, by class and credit indicator	The following tables present the amortized cost basis, net of deferred fees and costs, of the Company's loans by class, credit quality indicator and origination year as of the dates presented. Revolving loans converted to term as of and during the periods presented were not material to the total loan portfolio. In addition, the following tables present gross charge-offs of loans by origination year during the periods presented. (dollars in thousands) Amortized Cost of Term Loans by Year of Origination Amortized Cost of Revolving Loans September 30, 2024 2024 2023 2022 2021 2020 Prior Total Commercial and industrial: Risk Rating Pass $ 125,093 $ 56,889 $ 75,837 $ 71,370 $ 26,287 $ 149,077 $ 88,324 $ 592,877 Special Mention — 587 297 2,579 — — — 3,463 Substandard 2,380 236 58 121 — 312 — 3,107 Subtotal 127,473 57,712 76,192 74,070 26,287 149,389 88,324 599,447 Construction: Risk Rating Pass 6,508 19,346 47,954 35,859 13,342 35,117 — 158,126 Subtotal 6,508 19,346 47,954 35,859 13,342 35,117 — 158,126 Residential mortgage: Risk Rating Pass 55,009 92,858 261,649 596,350 400,545 480,913 — 1,887,324 Substandard — — 1,599 294 1,862 6,840 — 10,595 Subtotal 55,009 92,858 263,248 596,644 402,407 487,753 — 1,897,919 Home equity: Risk Rating Pass 1,231 11,997 29,158 18,224 7,611 24,418 603,434 696,073 Substandard — — — — — 915 135 1,050 Subtotal 1,231 11,997 29,158 18,224 7,611 25,333 603,569 697,123 Commercial mortgage: Risk Rating Pass 122,037 95,562 238,401 225,176 112,347 657,231 5,911 1,456,665 Special Mention — 623 — 1,438 — 5,185 — 7,246 Substandard — — — 1,088 — 5,311 — 6,399 Subtotal 122,037 96,185 238,401 227,702 112,347 667,727 5,911 1,470,310 Consumer: Risk Rating Pass 32,636 91,838 192,185 103,112 24,048 19,153 55,605 518,577 Substandard 20 40 254 175 35 578 5 1,107 Subtotal 32,656 91,878 192,439 103,287 24,083 19,731 55,610 519,684 Total $ 344,914 $ 369,976 $ 847,392 $ 1,055,786 $ 586,077 $ 1,385,050 $ 753,414 $ 5,342,609 (dollars in thousands) Amortized Cost of Term Loans by Year of Origination Amortized Cost of Revolving Loans December 31, 2023 2023 2022 2021 2020 2019 Prior Total Commercial and industrial: Risk Rating Pass $ 83,333 $ 82,649 $ 77,551 $ 32,831 $ 42,162 $ 152,940 $ 90,177 $ 561,643 Special Mention — — 2,916 — — 944 93 3,953 Substandard 37 1,189 576 662 571 7,026 50 10,111 Subtotal 83,370 83,838 81,043 33,493 42,733 160,910 90,320 575,707 Construction: Risk Rating Pass 8,434 52,596 69,203 18,878 2,136 31,090 2,778 185,115 Special Mention — — 404 — — — — 404 Subtotal 8,434 52,596 69,607 18,878 2,136 31,090 2,778 185,519 Residential mortgage: Risk Rating Pass 101,473 266,314 609,648 414,430 144,312 385,452 — 1,921,629 Special Mention — — — — — 268 — 268 Substandard — 1,057 299 931 818 2,787 — 5,892 Subtotal 101,473 267,371 609,947 415,361 145,130 388,507 — 1,927,789 Home equity: Risk Rating Pass 12,229 32,208 19,589 8,766 6,372 17,379 638,917 735,460 Substandard — — — — 66 998 — 1,064 Subtotal 12,229 32,208 19,589 8,766 6,438 18,377 638,917 736,524 Commercial mortgage: Risk Rating Pass 96,479 256,660 202,933 115,055 112,578 566,325 6,311 1,356,341 Special Mention — — — — 10,513 9,638 — 20,151 Substandard — — 2,587 — 1,654 2,169 — 6,410 Subtotal 96,479 256,660 205,520 115,055 124,745 578,132 6,311 1,382,902 Consumer: Risk Rating Pass 88,593 261,752 144,341 36,431 27,970 10,538 59,130 628,755 Substandard 58 231 205 87 83 1,084 10 1,758 Loss — — — — — 28 — 28 Subtotal 88,651 261,983 144,546 36,518 28,053 11,650 59,140 630,541 Total $ 390,636 $ 954,656 $ 1,130,252 $ 628,071 $ 349,235 $ 1,188,666 $ 797,466 $ 5,438,982 (dollars in thousands) Gross Charge-Offs by Year of Origination Nine Months Ended September 30, 2024 2024 2023 2022 2021 2020 Prior Total Commercial and industrial $ 69 $ 150 $ 241 $ 203 $ 33 $ 1,168 $ 1,864 Real estate: Residential mortgage — — 175 — — 208 383 Consumer 75 518 7,944 3,243 408 951 13,139 Gross charge-offs $ 144 $ 668 $ 8,360 $ 3,446 $ 441 $ 2,327 $ 15,386 (dollars in thousands) Gross Charge-Offs by Year of Origination Nine Months Ended September 30, 2023 2023 2022 2021 2020 2019 Prior Total Commercial and industrial $ 143 $ 239 $ 145 $ — $ 265 $ 751 $ 1,543 Consumer 4 4,988 4,158 871 627 621 11,269 Gross charge-offs $ 147 $ 5,227 $ 4,303 $ 871 $ 892 $ 1,372 $ 12,812

ALLOWANCE FOR CREDIT LOSSES A_2

ALLOWANCE FOR CREDIT LOSSES AND RESERVE FOR OFF-BALANCE SHEET CREDIT EXPOSURES (Tables)	9 Months Ended
	Sep. 30, 2024
ALLOWANCE FOR LOAN AND LEASE LOSSES
Schedule of activity in the allowance, by class	The following tables present by class, the activities in the ACL for loans during the periods presented: (dollars in thousands) Real Estate Three Months Ended September 30, 2024 Commercial and Industrial Construction Residential Mortgage Home Equity Commercial Mortgage Consumer Total Beginning balance $ 7,071 $ 3,798 $ 15,389 $ 3,829 $ 17,337 $ 14,801 $ 62,225 Provision (credit) for credit losses on loans 617 (1,230) 1,052 (1,360) 1,204 2,757 3,040 Subtotal 7,688 2,568 16,441 2,469 18,541 17,558 65,265 Charge-offs (663) — (99) — — (3,956) (4,718) Recoveries 158 — 8 — — 934 1,100 Net (charge-offs) recoveries (505) — (91) — — (3,022) (3,618) Ending balance $ 7,183 $ 2,568 $ 16,350 $ 2,469 $ 18,541 $ 14,536 $ 61,647 (dollars in thousands) Real Estate Three Months Ended September 30, 2023 Commercial and Industrial Construction Residential Mortgage Home Equity Commercial Mortgage Consumer Total Beginning balance $ 6,946 $ 3,654 $ 12,233 $ 3,965 $ 17,365 $ 19,686 $ 63,849 Provision (credit) for credit losses on loans (330) 953 1,727 (913) 1,738 1,351 4,526 Subtotal 6,616 4,607 13,960 3,052 19,103 21,037 68,375 Charge-offs (402) — — — — (4,710) (5,112) Recoveries 261 1 10 — — 982 1,254 Net (charge-offs) recoveries (141) 1 10 — — (3,728) (3,858) Ending balance $ 6,475 $ 4,608 $ 13,970 $ 3,052 $ 19,103 $ 17,309 $ 64,517 (dollars in thousands) Real Estate Nine Months Ended September 30, 2024 Commercial and Industrial Construction Residential Mortgage Home Equity Commercial Mortgage Consumer Total Beginning balance $ 7,181 $ 4,004 $ 14,626 $ 3,501 $ 17,543 $ 17,079 $ 63,934 Provision (credit) for credit losses on loans 1,488 (1,436) 2,082 (1,038) 998 7,515 9,609 Subtotal 8,669 2,568 16,708 2,463 18,541 24,594 73,543 Charge-offs (1,864) — (383) — — (13,139) (15,386) Recoveries 378 — 25 6 — 3,081 3,490 Net (charge-offs) recoveries (1,486) — (358) 6 — (10,058) (11,896) Ending balance $ 7,183 $ 2,568 $ 16,350 $ 2,469 $ 18,541 $ 14,536 $ 61,647 (dollars in thousands) Real Estate Nine Months Ended September 30, 2023 Commercial and Industrial Construction Residential Mortgage Home Equity Commercial Mortgage Consumer Total Beginning balance $ 6,824 $ 2,867 $ 11,804 $ 4,114 $ 17,902 $ 20,227 $ 63,738 Provision (credit) for credit losses on loans 558 1,740 2,096 (1,077) 1,201 5,758 10,276 Subtotal 7,382 4,607 13,900 3,037 19,103 25,985 74,014 Charge-offs (1,543) — — — — (11,269) (12,812) Recoveries 636 1 70 15 — 2,593 3,315 Net (charge-offs) recoveries (907) 1 70 15 — (8,676) (9,497) Ending balance $ 6,475 $ 4,608 $ 13,970 $ 3,052 $ 19,103 $ 17,309 $ 64,517
Schedule of Credit Losses Related to Impaired Financing Receivables	The following table presents the activities in the reserve for off-balance sheet credit exposures, included in other liabilities, during the periods presented. The (credit) provision for off-balance sheet credit exposures is included in the provision for credit losses on the Company's income statement during the periods presented. Three Months Ended September 30, Nine Months Ended September 30, (dollars in thousands) 2024 2023 2024 2023 Beginning balance $ 3,312 $ 3,664 $ 3,706 $ 3,243 (Credit) provision for off-balance sheet credit exposures (207) 348 (601) 769 Ending balance $ 3,105 $ 4,012 $ 3,105 $ 4,012

INVESTMENTS IN UNCONSOLIDATED_2

INVESTMENTS IN UNCONSOLIDATED SUBSIDIARIES (Tables)	9 Months Ended
	Sep. 30, 2024
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures [Abstract]
Schedule of investment in unconsolidated subsidiaries	The following table presents the components of the Company's investments in unconsolidated entities as of the dates presented: (dollars in thousands) September 30, 2024 December 31, 2023 Investments in low-income housing tax credit partnerships, net of amortization $ 51,152 $ 37,838 Investments in common securities of statutory trusts 1,547 1,547 Investments in affiliates 87 111 Other 2,050 2,050 Total $ 54,836 $ 41,546 The following table presents amortization and tax credits recognized associated with our investments in LIHTC partnerships for the periods presented: Three Months Ended September 30, Nine Months Ended September 30, (dollars in thousands) 2024 2023 2024 2023 Proportional amortization method: Amortization expense recognized in income tax expense $ 1,012 $ 714 $ 2,372 $ 2,142 Tax credits recognized in income tax expense 1,155 891 2,756 2,675
Other Commitments	The following table presents the expected payments for the unfunded commitments of LIHTC and other partnerships as of September 30, 2024, for the remainder of fiscal year 2024, the next five succeeding fiscal years, and all years thereafter: (dollars in thousands) Year Ending December 31, LIHTC Other Total 2024 (remainder) $ 1,406 $ 803 $ 2,209 2025 10,519 — 10,519 2026 7,564 — 7,564 2027 36 — 36 2028 30 — 30 2029 36 — 36 Thereafter 386 — 386 Total unfunded commitments $ 19,977 $ 803 $ 20,780

MORTGAGE SERVICING RIGHTS (Tabl

MORTGAGE SERVICING RIGHTS (Tables)	9 Months Ended
	Sep. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of gross carrying value and accumulated amortization related to intangible assets	The following table presents mortgage loans serviced for others by investor, which totaled $1.19 billion and $1.22 billion at September 30, 2024 and December 31, 2023, respectively. (dollars in thousands) September 30, 2024 December 31, 2023 Mortgage loan portfolio serviced for: Federal National Mortgage Association (FNMA) $ 725,880 $ 736,042 Federal Home Loan Mortgage Corporation (FHLMC) 462,367 485,270 Federal Home Loan Banks (FHLB) 454 483 Total loans serviced for others $ 1,188,701 $ 1,221,795 The following table presents changes in mortgage servicing rights ("MSR") for the periods presented: (dollars in thousands) Balance at December 31, 2023 $ 8,696 Additions 400 Amortization (583) Balance at September 30, 2024 $ 8,513 Balance at December 31, 2022 $ 9,074 Additions 261 Amortization (538) Balance at September 30, 2023 $ 8,797
Schedule of fair market value and key assumptions used in determining the fair market value of our mortgage servicing rights	The following table presents the fair market value and key assumptions used in determining the fair market value of MSR as of the dates presented: (dollars in thousands) September 30, 2024 December 31, 2023 Fair market value, beginning of year $ 12,185 $ 12,061 Fair market value, end of period 11,637 12,185 Weighted average discount rate 9.5 % 9.5 % Weighted average prepayment speed assumption 11.4 11.2

DERIVATIVES (Tables)

DERIVATIVES (Tables)	9 Months Ended
	Sep. 30, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of the location of all assets and liabilities associated with derivative instruments within the consolidated balance sheets	The following tables present the location of all assets and liabilities associated with our derivative instruments within the consolidated balance sheets as of the dates presented: Derivative Financial Instruments Not Designated as Hedging Instruments Asset Derivatives Liability Derivatives Fair Value at Fair Value at (dollars in thousands) Balance Sheet Location September 30, December 31, September 30, December 31, Interest rate lock and forward sale commitments Other assets / other liabilities $ — $ — $ 2 $ 34 Back-to-back swap agreements Other assets / other liabilities 2,875 3,547 2,875 3,547 Derivative Financial Instruments Designated as Hedging Instruments Asset Derivatives Liability Derivatives Fair Value at Fair Value at (dollars in thousands) Balance Sheet Location September 30, December 31, September 30, December 31, Interest rate swap Other assets / other liabilities $ 5,202 $ 6,440 $ — $ —
Schedule of the impact of derivative instruments and their location within the consolidated statements of income	The following tables present the impact of derivative instruments and their location within the consolidated statements of income for the periods presented: Derivative Financial Instruments Location of Gain (Loss) Amount of Gain (Loss) (dollars in thousands) Three Months Ended September 30, 2024 Interest rate lock and forward sale commitments Mortgage banking income $ 1 Loans held for sale Other income 17 Three Months Ended September 30, 2023 Interest rate lock and forward sale commitments Mortgage banking income (16) Loans held for sale Other income 4 Back-to-back swap agreements Other service charges and fees 36 Derivative Financial Instruments Location of Gain (Loss) Amount of Gain (Loss) (dollars in thousands) Nine Months Ended September 30, 2024 Interest rate lock and forward sale commitments Mortgage banking income $ 32 Back-to-back swap agreements Other service charges and fees 80 Nine Months Ended September 30, 2023 Interest rate lock and forward sale commitments Mortgage banking income (8) Loans held for sale Other income 3 Back-to-back swap agreements Other service charges and fees 71 Derivative Financial Instruments Location of Gain (Loss) Amount of Gain (Loss) (dollars in thousands) Three Months Ended September 30, 2024 Interest rate swap Interest income $ 1,148 Three Months Ended September 30, 2023 Interest rate swap Interest income (121) Derivative Financial Instruments Location of Gain (Loss) Amount of Gain (Loss) (dollars in thousands) Nine Months Ended September 30, 2024 Interest rate swap Interest income $ 1,924 Nine Months Ended September 30, 2023 Interest rate swap Interest income (180)
Schedule of Fair Value Hedging Instruments, Statements of Financial Performance and Financial Position, Location	The following table presents the amounts recorded on the consolidated balance sheets related to cumulative basis adjustments for fair value hedges as of the periods presented: Line Item in the Consolidated Balance Sheets (dollars in thousands) September 30, 2024 December 31, 2023 Investment securities, available-for-sale: Carrying Amount of the Hedged Assets $ 93,635 $ 90,636 Cumulative Amount of Fair Value Hedging Adjustment Included in the Carrying Amount of the Hedged Assets (5,531) (6,817)

SHORT-TERM BORROWINGS AND LON_2

SHORT-TERM BORROWINGS AND LONG-TERM DEBT - (Tables)	9 Months Ended
	Sep. 30, 2024
Debt Disclosure [Abstract]
Schedule of Long-term Debt Instruments	The following table presents long-term debt, which is based on original maturity and consists of advances under the arrangement with Federal Home Loan Bank of Des Moines, junior subordinated debentures and subordinated notes as of the dates presented: (dollars in thousands) September 30, 2024 December 31, 2023 Long-term debt: Federal Home Loan Bank long-term advances $ 50,000 $ 50,000 Subordinated debentures 51,547 51,547 Subordinated notes, net of unamortized debt issuance costs 54,737 54,555 Total $ 156,284 $ 156,102 The following table presents the Company's subordinated notes outstanding as of the dates presented: (dollars in thousands) Description September 30, 2024 December 31, 2023 Interest Rate October 2020 Private Placement $ 55,000 $ 55,000 4.75% for the first five years. Resets quarterly thereafter to the then current three-month SOFR plus 456 basis points.
Schedule of Subordinated Borrowing	The following table presents the Company's junior subordinated debentures outstanding, which are recorded in long-term debt on the Company's consolidated balance sheets as of the dates presented: (dollars in thousands) Name of Trust September 30, 2024 December 31, 2023 Interest Rate CPB Capital Trust IV $ 30,928 $ 30,928 Three-month CME Term SOFR + tenor spread adjustment of 0.26% + 2.45% CPB Statutory Trust V 20,619 20,619 Three-month CME Term SOFR + tenor spread adjustment of 0.26% + 1.87% Total $ 51,547 $ 51,547

REVENUE FROM CONTRACTS WITH C_2

REVENUE FROM CONTRACTS WITH CUSTOMERS (Tables)	9 Months Ended
	Sep. 30, 2024
Revenue from Contract with Customer [Abstract]
Other operating income segregated by revenue streams	The following table presents the Company's other operating income, segregated by revenue streams that are in-scope and out-of-scope of ASC 606, "Revenue from Contracts with Customers" for the periods presented: Three Months Ended September 30, 2024 Three Months Ended September 30, 2023 (dollars in thousands) In-Scope Out-of-Scope Total In-Scope Out-of-Scope Total Other operating income: Mortgage banking income $ 352 $ 470 $ 822 $ 216 $ 549 $ 765 Service charges on deposit accounts 2,167 — 2,167 2,193 — 2,193 Other service charges and fees 5,234 713 5,947 4,874 329 5,203 Income from fiduciary activities 1,447 — 1,447 1,234 — 1,234 Income from bank-owned life insurance — 1,897 1,897 — 379 379 Net (losses) gains on sales of investment securities — — — — (135) (135) Other — 454 454 — 408 408 Total other operating income $ 9,200 $ 3,534 $ 12,734 $ 8,517 $ 1,530 $ 10,047

SHARE-BASED COMPENSATION (Table

SHARE-BASED COMPENSATION (Tables)	9 Months Ended
	Sep. 30, 2024
Share-Based Payment Arrangement [Abstract]
Schedule of activity of restricted stock awards and units	The following table presents the activities of RSUs and PSUs for the nine months ended September 30, 2024: (dollars in thousands, except per share data) Shares Weighted Average Grant Date Fair Value Per Share Fair Value of RSUs and PSUs That Vested During the Period Non-vested RSUs and PSUs, beginning of period 224,579 $ 24.76 Changes during the period: Granted 137,911 19.41 Forfeited (1,648) 20.59 Vested (75,113) 23.73 $ 1,466 Non-vested RSUs and PSUs, end of period 285,729 22.48

SUPPLEMENTAL EXECUTIVE RETIRE_2

SUPPLEMENTAL EXECUTIVE RETIREMENT PLANS (Tables)	9 Months Ended
	Sep. 30, 2024
Retirement Benefits [Abstract]
Schedule of Defined Benefit Plans Disclosures	The following table presents the components of net periodic benefit cost for the SERP for the periods presented: Three Months Ended September 30, Nine Months Ended September 30, (dollars in thousands) 2024 2023 2024 2023 Interest cost $ 107 $ 112 $ 323 $ 336 Amortization of net actuarial gain — (19) — (57) Amortization of net transition obligation — 2 — 6 Net periodic benefit cost $ 107 $ 95 $ 323 $ 285

OPERATING LEASES (Tables)

OPERATING LEASES (Tables)	9 Months Ended
	Sep. 30, 2024
Leases [Abstract]
Lease, Cost	The following table presents total lease cost, cash flow information, weighted-average remaining lease term and weighted-average discount rate for the periods presented: Three Months Ended September 30, Nine Months Ended September 30, (dollars in thousands) 2024 2023 2024 2023 Lease cost: Operating lease cost $ 1,605 $ 1,285 $ 4,345 $ 3,937 Variable lease cost 484 918 2,346 2,740 Less: Sublease income — — — (34) Total lease cost $ 2,089 $ 2,203 $ 6,691 $ 6,643 Other information: Operating cash flows from operating leases $ (1,564) $ (1,258) $ (4,246) $ (3,950) Weighted-average remaining lease term - operating leases 10.53 years 10.85 years 10.53 years 10.85 years Weighted-average discount rate - operating leases 4.04 % 3.96 % 4.04 % 3.96 %
Lessee, Operating Lease, Liability, Maturity	The following table presents a schedule of annual undiscounted cash flows for our operating leases and a reconciliation of those cash flows to the operating lease liabilities as of September 30, 2024, for the remainder of fiscal year 2024, the next five succeeding fiscal years and all years thereafter: (dollars in thousands) Undiscounted Cash Flows Lease Liability Discount on Cash Flows Lease Liability Year Ending December 31, 2024 (remainder) $ 1,297 $ 319 $ 978 2025 5,166 1,180 3,986 2026 5,125 1,032 4,093 2027 4,333 891 3,442 2028 3,486 776 2,710 2029 3,083 677 2,406 Thereafter 19,201 3,009 16,192 Total $ 41,691 $ 7,884 $ 33,807
Operating Lease, Lease Income	The following table presents lease income related to these leases that was recognized for the periods presented: Three Months Ended September 30, Nine Months Ended September 30, (dollars in thousands) 2024 2023 2024 2023 Total rental income recognized $ 519 $ 497 $ 1,539 $ 1,622
Lessor, Operating Lease, Payments to be Received, Maturity	The following table presents estimated lease payments, based on the Company's leases as lessor as of September 30, 2024, for the remainder of fiscal year 2024, the next five succeeding fiscal years, and all years thereafter: (dollars in thousands) Year Ending December 31, 2024 (remainder) $ 315 2025 1,207 2026 1,074 2027 1,017 2028 608 2029 553 Thereafter 1,294 Total $ 6,068

ACCUMULATED OTHER COMPREHENSI_2

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)	9 Months Ended
	Sep. 30, 2024
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Schedule of components of other comprehensive income (loss)	The following tables present the components of other comprehensive income (loss) for the periods presented: (dollars in thousands) Before Tax Tax Effect Net of Tax Three Months Ended September 30, 2024 Net change in fair value of investment securities: Net unrealized gains on AFS investment securities arising during the period $ 27,092 $ 7,150 $ 19,942 Amortization of unrealized losses on investment securities transferred to HTM 1,920 507 1,413 Net change in fair value of investment securities 29,012 7,657 21,355 Net change in fair value of derivatives: Net unrealized losses arising during the period (4,317) (1,140) (3,177) Net change in fair value of derivatives (4,317) (1,140) (3,177) SERP: Amortization of net actuarial gain (2) (1) (1) SERP (2) (1) (1) Other comprehensive income $ 24,693 $ 6,516 $ 18,177 (dollars in thousands) Before Tax Tax Effect Net of Tax Three Months Ended September 30, 2023 Net change in fair value of investment securities: Net unrealized losses on AFS investment securities arising during the period $ (24,729) $ (6,569) $ (18,160) Reclassification adjustments from AOCI realized in net income 135 36 99 Amortization of unrealized losses on investment securities transferred to HTM 2,026 538 1,488 Net change in fair value of investment securities (22,568) (5,995) (16,573) Net change in fair value of derivatives: Net unrealized gains arising during the period 3,151 838 2,313 Net change in fair value of derivatives 3,151 838 2,313 SERP: Amortization of net actuarial gain (19) (7) (12) Amortization of net transition obligation 2 2 — SERP (17) (5) (12) Other comprehensive loss $ (19,434) $ (5,162) $ (14,272) (dollars in thousands) Before Tax Tax Effect Net of Tax Nine Months Ended September 30, 2024 Net change in fair value of investment securities: Net unrealized gains on AFS investment securities arising during the period $ 20,427 $ 5,391 $ 15,036 Amortization of unrealized losses on investment securities transferred to HTM 5,425 1,432 3,993 Net change in fair value of investment securities 25,852 6,823 19,029 Net change in fair value of derivatives: Net unrealized losses arising during the period (1,286) (340) (946) Net change in fair value of derivatives (1,286) (340) (946) SERP: Amortization of net actuarial gain (2) (1) (1) SERP (2) (1) (1) Other comprehensive income $ 24,564 $ 6,482 $ 18,082 (dollars in thousands) Before Tax Tax Effect Net of Tax Nine Months Ended September 30, 2023 Net change in fair value of investment securities: Net unrealized losses on AFS investment securities arising during the period $ (17,675) $ (4,696) $ (12,979) Reclassification adjustments from AOCI realized in net income 135 36 99 Amortization of unrealized losses on investment securities transferred to HTM 5,670 1,506 4,164 Net change in fair value of investment securities (11,870) (3,154) (8,716) Net change in fair value of derivatives: Net unrealized gains arising during the period $ 4,329 $ 1,139 $ 3,190 Net change in fair value of derivatives 4,329 1,139 3,190 SERP: Amortization of net actuarial gain (58) (17) (41) Amortization of net transition obligation 6 2 4 SERP (52) (15) (37) Other comprehensive loss $ (7,593) $ (2,030) $ (5,563)
Schedule of changes in each component of AOCI, net of tax	The following tables present the changes in each component of accumulated other comprehensive income (loss), net of tax, for the periods presented: (dollars in thousands) Investment Securities Derivatives SERP AOCI Three Months Ended September 30, 2024 Balance at beginning of period $ (130,248) $ 7,260 $ 297 $ (122,691) Other comprehensive income (loss) before reclassifications 19,942 (3,177) — 16,765 Reclassification adjustments from AOCI 1,413 — (1) 1,412 Total other comprehensive income (loss) 21,355 (3,177) (1) 18,177 Balance at end of period $ (108,893) $ 4,083 $ 296 $ (104,514) (dollars in thousands) Investment Securities Derivatives SERP AOCI Three Months Ended September 30, 2023 Balance at beginning of period $ (141,252) $ 5,522 $ 455 $ (135,275) Other comprehensive income (loss) before reclassifications (18,160) 2,313 — (15,847) Reclassification adjustments from AOCI 1,587 — (12) 1,575 Total other comprehensive income (loss) (16,573) 2,313 (12) (14,272) Balance at end of period $ (157,825) $ 7,835 $ 443 $ (149,547) (dollars in thousands) Investment Securities Derivatives SERP AOCI Nine Months Ended September 30, 2024 Balance at beginning of period $ (127,922) $ 5,029 $ 297 $ (122,596) Other comprehensive income (loss) before reclassifications 15,036 (946) — 14,090 Reclassification adjustments from AOCI 3,993 — (1) 3,992 Total other comprehensive income (loss) 19,029 (946) (1) 18,082 Balance at end of period $ (108,893) $ 4,083 $ 296 $ (104,514) (dollars in thousands) Investment Securities Derivatives SERP AOCI Nine Months Ended September 30, 2023 Balance at beginning of period $ (149,109) $ 4,645 $ 480 $ (143,984) Other comprehensive income (loss) before reclassifications (12,979) 3,190 — (9,789) Reclassification adjustments from AOCI 4,263 — (37) 4,226 Total other comprehensive income (loss) (8,716) 3,190 (37) (5,563) Balance at end of period $ (157,825) $ 7,835 $ 443 $ (149,547)
Schedule of amounts reclassified out of each component of AOCI	The following tables present the amounts reclassified out of each component of AOCI for the periods presented: Amount Reclassified from AOCI Affected Line Item in the Statement Where Net Income is Presented (dollars in thousands) Three Months Ended September 30, Details about AOCI Components 2024 2023 Sale of AFS investment securities: Realized loss on sale of AFS investment securities $ — $ 135 Net loss on sale of investment securities Tax effect — (36) Income tax benefit Net of tax — 99 Amortization of unrealized losses on investment securities transferred to HTM: Amortization 1,920 2,026 Interest and dividends on investment securities Tax effect (507) (538) Income tax benefit Net of tax 1,413 1,488 SERP: Amortization of net actuarial gain (2) (19) Other operating expense - other Amortization of net transition obligation — 2 Other operating expense - other Total before tax (2) (17) Tax effect 1 5 Income tax expense Net of tax (1) (12) Total reclassification adjustments from AOCI for the period, net of tax $ 1,412 $ 1,575 Amount Reclassified from AOCI Affected Line Item in the Statement Where Net Income is Presented (dollars in thousands) Nine Months Ended September 30, Details about AOCI Components 2024 2023 Sale of AFS investment securities: Realized loss on sale of AFS investment securities $ — $ 135 Net loss on sale of investment securities Tax effect — (36) Income tax benefit Net of tax — 99 Amortization of unrealized losses on investment securities transferred to HTM: Amortization 5,425 5,670 Interest and dividends on investment securities Tax effect (1,432) (1,506) Income tax benefit Net of tax 3,993 4,164 SERP: Amortization of net actuarial gain (2) (58) Other operating expense - other Amortization of net transition obligation — 6 Other operating expense - other Total before tax (2) (52) Tax effect 1 15 Income tax expense Net of tax (1) (37) Total reclassification adjustments from AOCI for the period, net of tax $ 3,992 $ 4,226

EARNINGS PER SHARE (Tables)

EARNINGS PER SHARE (Tables)	9 Months Ended
	Sep. 30, 2024
Earnings Per Share [Abstract]
Schedule of information used to compute basic and diluted earnings per share	The following table presents the information used to compute basic and diluted earnings per share for the periods presented: Three Months Ended September 30, Nine Months Ended September 30, (dollars in thousands, except per share data) 2024 2023 2024 2023 Net income $ 13,305 $ 13,141 $ 42,067 $ 43,803 Weighted average common shares outstanding - basic 27,064,035 27,042,762 27,054,737 27,022,141 Dilutive effect of employee stock options and awards 130,590 36,722 83,248 59,400 Weighted average common shares outstanding - diluted 27,194,625 27,079,484 27,137,985 27,081,541 Basic earnings per share $ 0.49 $ 0.49 $ 1.55 $ 1.62 Diluted earnings per share $ 0.49 $ 0.49 $ 1.55 $ 1.62 Anti-dilutive employee stock options and awards — 23,830 62 24,281

FAIR VALUE OF FINANCIAL ASSET_2

FAIR VALUE OF FINANCIAL ASSETS AND LIABILITIES (Tables)	9 Months Ended
	Sep. 30, 2024
Fair Value Disclosures [Abstract]
Schedule of carrying amount and estimated fair value of financial instruments	Fair Value Measurement Using (dollars in thousands) Carrying Estimated Quoted Prices Significant Significant September 30, 2024 Financial assets: Cash and due from financial institutions $ 100,064 $ 100,064 $ 100,064 $ — $ — Interest-bearing deposits in other financial institutions 226,505 226,505 226,505 — — Investment securities 1,329,570 1,270,443 36,453 1,226,934 7,056 Loans held for sale 1,609 1,609 — 1,609 — Loans 5,342,609 5,023,606 — — 5,023,606 Accrued interest receivable 23,942 23,942 489 4,054 19,399 Financial liabilities: Deposits: Noninterest-bearing demand 1,838,009 1,838,009 1,838,009 — — Interest-bearing demand and savings and money market 3,591,705 3,591,705 3,591,705 — — Time 1,153,299 1,146,531 — — 1,146,531 Long-term debt 156,284 150,081 — — 150,081 Accrued interest payable 12,980 12,980 123 — 12,857 Fair Value Measurement Using (dollars in thousands) Notional Carrying Estimated Quoted Prices Significant Significant September 30, 2024 Off-balance sheet financial instruments: Commitments to extend credit $ 1,267,835 $ — $ 1,244 $ — $ 1,244 $ — Standby letters of credit and financial guarantees written 2,807 — 42 — 42 — Derivatives: Interest rate lock commitments 1,585 (2) (2) — (2) — Risk participation agreements 35,395 — — — — — Back-to-back swap agreements: Assets 50,426 2,875 2,875 — — 2,875 Liabilities (50,426) (2,875) (2,875) — — (2,875) Interest rate swap agreements 115,545 5,202 5,202 — — 5,202 Fair Value Measurement Using (dollars in thousands) Carrying Estimated Quoted Prices Significant Significant December 31, 2023 Financial assets: Cash and due from financial institutions $ 116,181 $ 116,181 $ 116,181 $ — $ — Interest-bearing deposits in other financial institutions 406,256 406,256 406,256 — — Investment securities 1,279,548 1,212,388 — 1,205,238 7,150 Loans held for sale 1,778 1,778 — 1,778 — Loans 5,438,982 5,089,292 — — 5,089,292 Accrued interest receivable 21,511 21,511 342 4,043 17,126 Financial liabilities: Deposits: Noninterest-bearing demand 1,913,379 1,913,379 1,913,379 — — Interest-bearing demand and savings and money market 3,538,922 3,538,922 3,538,922 — — Time 1,395,291 1,385,473 — — 1,385,473 Long-term debt 156,102 153,073 — — 153,073 Accrued interest payable 18,948 18,948 85 — 18,863 Fair Value Measurement Using (dollars in thousands) Notional Carrying Estimated Quoted Prices Significant Significant December 31, 2023 Off-balance sheet financial instruments: Commitments to extend credit $ 1,275,331 $ — $ 1,210 $ — $ 1,210 $ — Standby letters of credit and financial guarantees written 3,301 — 50 — 50 — Derivatives: Interest rate lock commitments 1,807 (34) (34) — (34) — Risk participation agreements 36,022 — — — — — Back-to-back swap agreements: Assets 51,059 3,547 3,547 — — 3,547 Liabilities (51,059) (3,547) (3,547) — — (3,547) Interest rate swap agreements 115,545 6,440 6,440 — — 6,440
Schedule of balances of assets and liabilities measured at fair value on a recurring basis	The following tables present the fair value of financial assets and liabilities measured on a recurring basis as of the dates presented: Fair Value at Reporting Date Using (dollars in thousands) Fair Value Quoted Prices Significant Significant September 30, 2024 Available-for-sale securities: Debt securities: States and political subdivisions $ 123,181 $ — $ 116,843 $ 6,338 Corporate securities 32,554 — 32,554 — U.S. Treasury and other government-sponsored entities and agencies 59,230 36,453 22,777 — Mortgage-backed securities: Residential - U.S. government-sponsored entities and agencies 386,296 — 386,296 — Residential - Non-government agencies 17,834 — 17,116 718 Commercial - U.S. government-sponsored entities and agencies 89,029 — 89,029 — Commercial - Non-government agencies 15,329 — 15,329 — Total available-for-sale investment securities 723,453 36,453 679,944 7,056 Derivatives: Interest rate lock commitments (2) — (2) — Interest rate swap agreements 5,202 — — 5,202 Total derivatives 5,200 — (2) 5,202 Total $ 728,653 $ 36,453 $ 679,942 $ 12,258 Fair Value at Reporting Date Using (dollars in thousands) Fair Value Quoted Prices Significant Significant December 31, 2023 Available-for-sale securities: Debt securities: States and political subdivisions $ 126,635 $ — $ 120,199 $ 6,436 Corporate securities 31,414 — 31,414 — U.S. Treasury and other government-sponsored entities and agencies 26,197 — 26,197 — Mortgage-backed securities: Residential - U.S. government-sponsored entities and agencies 378,386 — 378,386 — Residential - Non-government agencies 18,708 — 17,994 714 Commercial - U.S. government-sponsored entities and agencies 50,914 — 50,914 — Commercial - Non-government agencies 14,956 — 14,956 — Total available-for-sale investment securities 647,210 — 640,060 7,150 Derivatives: Interest rate lock commitments (34) — (34) — Interest rate swap agreements 6,440 — — 6,440 Total derivatives 6,406 — (34) 6,440 Total $ 653,616 $ — $ 640,026 $ 13,590
Schedule of changes in Level 3 assets and liabilities measured at fair value on a recurring basis	The following table presents changes in Level 3 financial assets and liabilities measured at fair value on a recurring basis for the periods presented: Available-For-Sale Debt Securities: (dollars in thousands) States and Political Subdivisions Residential - Non-Government Agencies Interest Rate Swap Agreements Total Balance at December 31, 2023 $ 6,436 $ 714 $ 6,440 $ 13,590 Principal payments received (163) (18) — (181) Unrealized net gain (loss) included in other comprehensive income 65 22 (1,238) (1,151) Balance at September 30, 2024 $ 6,338 $ 718 $ 5,202 $ 12,258 Balance at December 31, 2022 $ 6,584 $ 684 $ 5,986 $ 13,254 Principal payments received (172) (17) — (189) Unrealized net gain (loss) included in other comprehensive income (49) 4 4,149 4,104 Balance at September 30, 2023 $ 6,363 $ 671 $ 10,135 $ 17,169

INVESTMENT SECURITIES (Availabl

INVESTMENT SECURITIES (Available for Sale and Held to Maturity Investment Securities) (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Debt Securities, Available-for-Sale [Line Items]
Amortized Cost	$ 810,765	$ 754,950
Gross Unrealized Gains	3,099	507
Gross Unrealized Losses	(90,411)	(108,247)
Fair Value	723,453	647,210
ACL	0	0
Schedule of Held-to-Maturity Securities [Line Items]
Amortized Cost	606,117	632,338
Gross Unrecognized Gains	63	61
Gross Unrecognized Losses	(59,190)	(67,221)
Fair Value	546,990	565,178
ACL	0	0
States and political subdivisions
Debt Securities, Available-for-Sale [Line Items]
Amortized Cost	147,833	156,432
Gross Unrealized Gains	18	13
Gross Unrealized Losses	(24,670)	(29,810)
Fair Value	123,181	126,635
ACL	0	0
Schedule of Held-to-Maturity Securities [Line Items]
Amortized Cost	42,013	41,959
Gross Unrecognized Gains	0	0
Gross Unrecognized Losses	(7,283)	(6,706)
Fair Value	34,730	35,253
ACL	0	0
Corporate securities
Debt Securities, Available-for-Sale [Line Items]
Amortized Cost	35,373	35,731
Gross Unrealized Gains	0	0
Gross Unrealized Losses	(2,819)	(4,317)
Fair Value	32,554	31,414
ACL	0	0
U.S. Treasury and other government-sponsored entities and agencies
Debt Securities, Available-for-Sale [Line Items]
Amortized Cost	59,632	28,105
Gross Unrealized Gains	1,323	33
Gross Unrealized Losses	(1,725)	(1,941)
Fair Value	59,230	26,197
ACL	0	0
Residential - U.S. government-sponsored entities and agencies
Debt Securities, Available-for-Sale [Line Items]
Amortized Cost	433,493	441,898
Gross Unrealized Gains	857	95
Gross Unrealized Losses	(48,054)	(63,607)
Fair Value	386,296	378,386
ACL	0	0
Schedule of Held-to-Maturity Securities [Line Items]
Amortized Cost	564,104	590,379
Gross Unrecognized Gains	63	61
Gross Unrecognized Losses	(51,907)	(60,515)
Fair Value	512,260	529,925
ACL	0	0
Residential - Non-government agencies
Debt Securities, Available-for-Sale [Line Items]
Amortized Cost	18,085	19,322
Gross Unrealized Gains	471	366
Gross Unrealized Losses	(722)	(980)
Fair Value	17,834	18,708
ACL	0	0
Commercial - U.S. government-sponsored entities and agencies
Debt Securities, Available-for-Sale [Line Items]
Amortized Cost	101,018	58,318
Gross Unrealized Gains	425	0
Gross Unrealized Losses	(12,414)	(7,404)
Fair Value	89,029	50,914
ACL	0	0
Commercial - Non-government agencies
Debt Securities, Available-for-Sale [Line Items]
Amortized Cost	15,331	15,144
Gross Unrealized Gains	5	0
Gross Unrealized Losses	(7)	(188)
Fair Value	15,329	14,956
ACL	$ 0	$ 0

INVESTMENT SECURITIES (Narrativ

INVESTMENT SECURITIES (Narrative) (Details) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024 USD ($)	Sep. 30, 2023 USD ($)	Sep. 30, 2024 USD ($) security	Sep. 30, 2023 USD ($) security	Dec. 31, 2023 USD ($)
EQUITY
Amortization of unrealized losses on investment securities transferred to held-to-maturity at fair value			$ 5,425	$ 3,644
Debt Securities, Available-for-Sale, Accrued Interest, after Allowance for Credit Loss, Statement of Financial Position [Extensible Enumeration]	Accrued interest receivable		Accrued interest receivable
Available for sale accrued interest receivable	$ 4,200		$ 4,200		$ 4,000
Number of AFS securities sold | security			0	0
Available-for-sale debt securities, at fair value	723,453		$ 723,453		647,210
Collateralized Mortgage-Backed Securities | Asset Pledged as Collateral without Right
EQUITY
Available-for-sale debt securities, at fair value	796,800		796,800		$ 990,400
Net unrealized gains on investment securities
EQUITY
Amortization of unrealized losses on investment securities transferred to held-to-maturity at fair value	(1,920)	$ (2,026)	(5,425)	$ (5,670)
Interest rate swap agreements | Derivative Financial Instruments Designated as Hedging Instruments
EQUITY
Notional amount	$ 115,500		$ 115,500
Fixed interest rate	2.095%		2.095%
Interest rate swap agreements | Derivative Financial Instruments Designated as Hedging Instruments | Derivatives Not in Cash Flow Hedging Relationship
EQUITY
Unrealized gain (loss) on interest rate locks	$ 1,148	$ (121)	$ 1,924	$ (180)

INVESTMENT SECURITIES (Amortize

INVESTMENT SECURITIES (Amortized Cost and Estimated Fair Value of Investment Securities) (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Amortized Cost
Due in one year or less	$ 4,287
Due after one year through five years	58,844
Due after five years through ten years	58,523
Due after ten years	121,184
Amortized Cost	810,765	$ 754,950
Fair Value
Due in one year or less	4,300
Due after one year through five years	56,071
Due after five years through ten years	57,627
Due after ten years	96,967
Fair Value	$ 723,453	647,210
Weighted Average Yield
Due in one year or less (in percent)	5.88%
Due after one year through five years (in percent)	2.78%
Due after five years through ten years (in percent)	3.92%
Due after ten years (in percent)	2.43%
Weighted Average Yield	2.67%
Amortized Cost
Due after ten years	$ 42,013
Amortized Cost	606,117	632,338
Fair Value
Due after ten years	34,730
Total held-to-maturity securities	$ 546,990	565,178
Weighted Average Yield
Due after ten years (in percent)	2.26%
Total held-to-maturity securities	1.92%
Residential - U.S. government-sponsored entities and agencies
Amortized Cost
Without single maturity date	$ 433,493
Amortized Cost	433,493	441,898
Fair Value
Without single maturity date	386,296
Fair Value	$ 386,296	378,386
Weighted Average Yield
Without single maturity date (in percent)	2.27%
Amortized Cost
Without single maturity date	$ 564,104
Amortized Cost	564,104	590,379
Fair Value
Without single maturity date	512,260
Total held-to-maturity securities	$ 512,260	529,925
Weighted Average Yield
Without single maturity date (in percent)	1.90%
Residential - Non-government agencies
Amortized Cost
Without single maturity date	$ 18,085
Amortized Cost	18,085	19,322
Fair Value
Without single maturity date	17,834
Fair Value	$ 17,834	18,708
Weighted Average Yield
Without single maturity date (in percent)	5.59%
Commercial - U.S. government-sponsored entities and agencies
Amortized Cost
Without single maturity date	$ 101,018
Amortized Cost	101,018	58,318
Fair Value
Without single maturity date	89,029
Fair Value	$ 89,029	50,914
Weighted Average Yield
Without single maturity date (in percent)	2.73%
Commercial - Non-government agencies
Amortized Cost
Without single maturity date	$ 15,331
Amortized Cost	15,331	15,144
Fair Value
Without single maturity date	15,329
Fair Value	$ 15,329	$ 14,956
Weighted Average Yield
Without single maturity date (in percent)	4.55%

INVESTMENT SECURITIES (Investme

INVESTMENT SECURITIES (Investment Securities at an Unrealized Loss Position) (Details) $ in Thousands	Sep. 30, 2024 USD ($) security	Dec. 31, 2023 USD ($) security
Investments, Debt and Equity Securities [Abstract]
Number of AFS investment securities in an unrealized loss position | security	212	208
Number of HTM investment securities in an unrealized loss position | security	82	82
Debt Securities, Available-for-Sale [Line Items]
Less than 12 months, Fair Value	$ 30,478	$ 19,557
Less Than 12 Months, Unrecognized Losses	(349)	(219)
12 Month or Longer, Fair Value	569,919	588,097
12 Month or Longer, Unrecognized Losses	(90,062)	(108,028)
Total Fair Value	600,397	607,654
Total Unrecognized Losses	90,411	108,247
Schedule of Held-to-Maturity Securities [Line Items]
Less Than 12 Months, Fair Value	0	8,853
Less Than 12 Months, Unrecognized Losses	0	(33)
12 Month or Longer, Fair Value	539,135	547,631
12 Month or Longer, Unrecognized Losses	(59,190)	(67,188)
Total Fair Value	539,135	556,484
Total Unrecognized Losses	(59,190)	(67,221)
States and political subdivisions
Debt Securities, Available-for-Sale [Line Items]
Less than 12 months, Fair Value	4,600	534
Less Than 12 Months, Unrecognized Losses	(33)	(1)
12 Month or Longer, Fair Value	111,552	114,601
12 Month or Longer, Unrecognized Losses	(24,637)	(29,809)
Total Fair Value	116,152	115,135
Total Unrecognized Losses	24,670	29,810
Schedule of Held-to-Maturity Securities [Line Items]
Less Than 12 Months, Fair Value	0	0
Less Than 12 Months, Unrecognized Losses	0	0
12 Month or Longer, Fair Value	34,730	35,253
12 Month or Longer, Unrecognized Losses	(7,283)	(6,706)
Total Fair Value	34,730	35,253
Total Unrecognized Losses	(7,283)	(6,706)
Corporate securities
Debt Securities, Available-for-Sale [Line Items]
Less than 12 months, Fair Value	0	0
Less Than 12 Months, Unrecognized Losses	0	0
12 Month or Longer, Fair Value	32,554	31,414
12 Month or Longer, Unrecognized Losses	(2,819)	(4,317)
Total Fair Value	32,554	31,414
Total Unrecognized Losses	2,819	4,317
U.S. Treasury and other government-sponsored entities and agencies
Debt Securities, Available-for-Sale [Line Items]
Less than 12 months, Fair Value	1,308	2,893
Less Than 12 Months, Unrecognized Losses	(26)	(87)
12 Month or Longer, Fair Value	14,498	16,286
12 Month or Longer, Unrecognized Losses	(1,699)	(1,854)
Total Fair Value	15,806	19,179
Total Unrecognized Losses	1,725	1,941
Residential - U.S. government-sponsored entities and agencies
Debt Securities, Available-for-Sale [Line Items]
Less than 12 months, Fair Value	23,295	0
Less Than 12 Months, Unrecognized Losses	(183)	0
12 Month or Longer, Fair Value	329,454	367,887
12 Month or Longer, Unrecognized Losses	(47,871)	(63,607)
Total Fair Value	352,749	367,887
Total Unrecognized Losses	48,054	63,607
Schedule of Held-to-Maturity Securities [Line Items]
Less Than 12 Months, Fair Value	0	8,853
Less Than 12 Months, Unrecognized Losses	0	(33)
12 Month or Longer, Fair Value	504,405	512,378
12 Month or Longer, Unrecognized Losses	(51,907)	(60,482)
Total Fair Value	504,405	521,231
Total Unrecognized Losses	(51,907)	(60,515)
Residential - Non-government agencies
Debt Securities, Available-for-Sale [Line Items]
Less than 12 months, Fair Value	0	0
Less Than 12 Months, Unrecognized Losses	0	0
12 Month or Longer, Fair Value	7,992	8,169
12 Month or Longer, Unrecognized Losses	(722)	(980)
Total Fair Value	7,992	8,169
Total Unrecognized Losses	722	980
Commercial - U.S. government-sponsored entities and agencies
Debt Securities, Available-for-Sale [Line Items]
Less than 12 months, Fair Value	1,275	6,467
Less Than 12 Months, Unrecognized Losses	(107)	(1)
12 Month or Longer, Fair Value	68,444	44,447
12 Month or Longer, Unrecognized Losses	(12,307)	(7,403)
Total Fair Value	69,719	50,914
Total Unrecognized Losses	12,414	7,404
Commercial - Non-government agencies
Debt Securities, Available-for-Sale [Line Items]
Less than 12 months, Fair Value	0	9,663
Less Than 12 Months, Unrecognized Losses	0	(130)
12 Month or Longer, Fair Value	5,425	5,293
12 Month or Longer, Unrecognized Losses	(7)	(58)
Total Fair Value	5,425	14,956
Total Unrecognized Losses	$ 7	$ 188

LOANS AND CREDIT QUALITY (Loans

LOANS AND CREDIT QUALITY (Loans and Leases) (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
LOANS AND LEASES
Loans and leases, gross	$ 5,343,024	$ 5,439,215
Deferred fees and costs, net	(415)	(233)
Total loans, net of deferred fees and costs	5,342,609	5,438,982
Commercial and Industrial
LOANS AND LEASES
Loans and leases, gross	599,556	576,038
Real Estate | Construction
LOANS AND LEASES
Loans and leases, gross	158,523	185,994
Real Estate | Residential Mortgage
LOANS AND LEASES
Loans and leases, gross	1,897,526	1,927,206
Real Estate | Home Equity
LOANS AND LEASES
Loans and leases, gross	695,175	734,500
Real Estate | Commercial Mortgage
LOANS AND LEASES
Loans and leases, gross	1,472,230	1,384,579
Consumer
LOANS AND LEASES
Loans and leases, gross	$ 520,014	$ 630,898

LOANS AND CREDIT QUALITY (Narra

LOANS AND CREDIT QUALITY (Narrative) (Details)	3 Months Ended		9 Months Ended
	Sep. 30, 2024 USD ($) loan property segment	Sep. 30, 2023 USD ($) loan segment property	Sep. 30, 2024 USD ($) property loan	Sep. 30, 2023 property loan	Dec. 31, 2023 USD ($)
Recorded investment in the loans and leases, by class and credit indicator
Financing receivable accrued interest receivable	$ 17,500,000		$ 17,500,000		$ 17,100,000
Financing Receivable, Accrued Interest, after Allowance for Credit Loss, Statement of Financial Position [Extensible Enumeration]	Accrued interest receivable		Accrued interest receivable		Accrued interest receivable
Number of loans | loan		1
Net transfer of portfolio loans to loans held for sale	$ 0	$ 9,800,000	$ 0
Proceeds from sale of loan		9,600,000
Loss on sale of loan		$ 200,000
Loans sold originally held for investment | loan	0	0	0	0
Mortgage loans foreclosure, number | loan	0	0
Mortgage loans foreclosure, number sold | property	0	0	0	0
Number of TDRs included in nonperforming assets | segment	0	0
Accruing Loans 90+ Days Past Due
Recorded investment in the loans and leases, by class and credit indicator
Amount of TDRs still accruing interest	$ 0		$ 0		$ 0
Nonperforming Financial Instruments
Recorded investment in the loans and leases, by class and credit indicator
Recorded Investment (as of Period End)	800,000		800,000		900,000
Amount of TDRs still accruing interest	1,900,000		1,900,000
Real Estate | Residential Mortgage
Recorded investment in the loans and leases, by class and credit indicator
Loans in the process of foreclosure	$ 3,800,000		$ 3,800,000		2,300,000
Real Estate | Commercial Mortgage
Recorded investment in the loans and leases, by class and credit indicator
Loans in the process of foreclosure					$ 100,000

LOANS AND CREDIT QUALITY (Purch

LOANS AND CREDIT QUALITY (Purchases) (Details) - Consumer - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2024	Sep. 30, 2023
Loans and Leases Receivable Disclosure [Line Items]
Outstanding balance	$ 14,731	$ 27,115	$ 19,091
Premium	921	1,168	568
Purchase price	15,652	28,283	19,659
U.S. Mainland Consumer - Unsecured
Loans and Leases Receivable Disclosure [Line Items]
Outstanding balance	0	0	3,932
Premium	0	0	0
Purchase price	0	0	3,932
U.S. Mainland Consumer - Automobile
Loans and Leases Receivable Disclosure [Line Items]
Outstanding balance	14,731	27,115	15,159
Premium	921	1,168	568
Purchase price	$ 15,652	$ 28,283	$ 15,727

LOANS AND CREDIT QUALITY (Aging

LOANS AND CREDIT QUALITY (Aging of Recorded Investment) (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Aging Analysis of Accruing and Non-Accruing Loans and Leases
Loans Past Due	$ 5,342,609	$ 5,438,982
Nonaccrual Loans	11,597	7,008
Total Past Due and Nonaccrual	23,983	23,434
Nonaccrual Loans With No ACL	10,595	5,766
Accruing Loans 30 - 59 Days Past Due
Aging Analysis of Accruing and Non-Accruing Loans and Leases
Loans Past Due	7,158	10,076
Accruing Loans 60 - 89 Days Past Due
Aging Analysis of Accruing and Non-Accruing Loans and Leases
Loans Past Due	4,599	5,038
Accruing Loans 90+ Days Past Due
Aging Analysis of Accruing and Non-Accruing Loans and Leases
Loans Past Due	629	1,312
Loans Not Past Due
Aging Analysis of Accruing and Non-Accruing Loans and Leases
Loans Past Due	5,318,626	5,415,548
Commercial and Industrial
Aging Analysis of Accruing and Non-Accruing Loans and Leases
Loans Past Due	599,447	575,707
Nonaccrual Loans	376	432
Total Past Due and Nonaccrual	2,988	1,114
Nonaccrual Loans With No ACL	0	0
Commercial and Industrial | Accruing Loans 30 - 59 Days Past Due
Aging Analysis of Accruing and Non-Accruing Loans and Leases
Loans Past Due	1,924	513
Commercial and Industrial | Accruing Loans 60 - 89 Days Past Due
Aging Analysis of Accruing and Non-Accruing Loans and Leases
Loans Past Due	688	169
Commercial and Industrial | Accruing Loans 90+ Days Past Due
Aging Analysis of Accruing and Non-Accruing Loans and Leases
Loans Past Due	0	0
Commercial and Industrial | Loans Not Past Due
Aging Analysis of Accruing and Non-Accruing Loans and Leases
Loans Past Due	596,459	574,593
Real Estate | Construction
Aging Analysis of Accruing and Non-Accruing Loans and Leases
Loans Past Due	158,126	185,519
Nonaccrual Loans	0	0
Total Past Due and Nonaccrual	0	0
Nonaccrual Loans With No ACL	0	0
Real Estate | Construction | Accruing Loans 30 - 59 Days Past Due
Aging Analysis of Accruing and Non-Accruing Loans and Leases
Loans Past Due	0	0
Real Estate | Construction | Accruing Loans 60 - 89 Days Past Due
Aging Analysis of Accruing and Non-Accruing Loans and Leases
Loans Past Due	0	0
Real Estate | Construction | Accruing Loans 90+ Days Past Due
Aging Analysis of Accruing and Non-Accruing Loans and Leases
Loans Past Due	0	0
Real Estate | Construction | Loans Not Past Due
Aging Analysis of Accruing and Non-Accruing Loans and Leases
Loans Past Due	158,126	185,519
Real Estate | Residential mortgage
Aging Analysis of Accruing and Non-Accruing Loans and Leases
Loans Past Due	1,897,919	1,927,789
Nonaccrual Loans	9,680	4,962
Total Past Due and Nonaccrual	11,683	10,184
Nonaccrual Loans With No ACL	9,680	4,855
Real Estate | Residential mortgage | Accruing Loans 30 - 59 Days Past Due
Aging Analysis of Accruing and Non-Accruing Loans and Leases
Loans Past Due	0	3,082
Real Estate | Residential mortgage | Accruing Loans 60 - 89 Days Past Due
Aging Analysis of Accruing and Non-Accruing Loans and Leases
Loans Past Due	1,990	2,140
Real Estate | Residential mortgage | Accruing Loans 90+ Days Past Due
Aging Analysis of Accruing and Non-Accruing Loans and Leases
Loans Past Due	13	0
Real Estate | Residential mortgage | Loans Not Past Due
Aging Analysis of Accruing and Non-Accruing Loans and Leases
Loans Past Due	1,886,236	1,917,605
Real Estate | Home Equity
Aging Analysis of Accruing and Non-Accruing Loans and Leases
Loans Past Due	697,123	736,524
Nonaccrual Loans	915	834
Total Past Due and Nonaccrual	1,691	2,267
Nonaccrual Loans With No ACL	915	834
Real Estate | Home Equity | Accruing Loans 30 - 59 Days Past Due
Aging Analysis of Accruing and Non-Accruing Loans and Leases
Loans Past Due	387	804
Real Estate | Home Equity | Accruing Loans 60 - 89 Days Past Due
Aging Analysis of Accruing and Non-Accruing Loans and Leases
Loans Past Due	254	400
Real Estate | Home Equity | Accruing Loans 90+ Days Past Due
Aging Analysis of Accruing and Non-Accruing Loans and Leases
Loans Past Due	135	229
Real Estate | Home Equity | Loans Not Past Due
Aging Analysis of Accruing and Non-Accruing Loans and Leases
Loans Past Due	695,432	734,257
Real Estate | Commercial mortgage
Aging Analysis of Accruing and Non-Accruing Loans and Leases
Loans Past Due	1,470,310	1,382,902
Nonaccrual Loans	0	77
Total Past Due and Nonaccrual	203	77
Nonaccrual Loans With No ACL	0	77
Real Estate | Commercial mortgage | Accruing Loans 30 - 59 Days Past Due
Aging Analysis of Accruing and Non-Accruing Loans and Leases
Loans Past Due	203	0
Real Estate | Commercial mortgage | Accruing Loans 60 - 89 Days Past Due
Aging Analysis of Accruing and Non-Accruing Loans and Leases
Loans Past Due	0	0
Real Estate | Commercial mortgage | Accruing Loans 90+ Days Past Due
Aging Analysis of Accruing and Non-Accruing Loans and Leases
Loans Past Due	0	0
Real Estate | Commercial mortgage | Loans Not Past Due
Aging Analysis of Accruing and Non-Accruing Loans and Leases
Loans Past Due	1,470,107	1,382,825
Consumer
Aging Analysis of Accruing and Non-Accruing Loans and Leases
Loans Past Due	519,684	630,541
Nonaccrual Loans	626	703
Total Past Due and Nonaccrual	7,418	9,792
Nonaccrual Loans With No ACL	0	0
Consumer | Accruing Loans 30 - 59 Days Past Due
Aging Analysis of Accruing and Non-Accruing Loans and Leases
Loans Past Due	4,644	5,677
Consumer | Accruing Loans 60 - 89 Days Past Due
Aging Analysis of Accruing and Non-Accruing Loans and Leases
Loans Past Due	1,667	2,329
Consumer | Accruing Loans 90+ Days Past Due
Aging Analysis of Accruing and Non-Accruing Loans and Leases
Loans Past Due	481	1,083
Consumer | Loans Not Past Due
Aging Analysis of Accruing and Non-Accruing Loans and Leases
Loans Past Due	$ 512,266	$ 620,749

LOANS AND CREDIT QUALITY (Colla

LOANS AND CREDIT QUALITY (Collateral-Dependent Loans) (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Loans and Leases Receivable Disclosure [Line Items]
Collateral-Dependent Financing Receivable	$ 10,594	$ 7,361
Allocated ACL	0	47
Secured by 1-4 Family Residential Properties
Loans and Leases Receivable Disclosure [Line Items]
Collateral-Dependent Financing Receivable	10,594	7,284
Secured by Nonfarm Nonresidential Properties
Loans and Leases Receivable Disclosure [Line Items]
Collateral-Dependent Financing Receivable	0	77
Real Estate | Residential Mortgage
Loans and Leases Receivable Disclosure [Line Items]
Collateral-Dependent Financing Receivable	9,679	6,450
Allocated ACL	0	47
Real Estate | Residential Mortgage | Secured by 1-4 Family Residential Properties
Loans and Leases Receivable Disclosure [Line Items]
Collateral-Dependent Financing Receivable	9,679	6,450
Real Estate | Residential Mortgage | Secured by Nonfarm Nonresidential Properties
Loans and Leases Receivable Disclosure [Line Items]
Collateral-Dependent Financing Receivable	0	0
Real Estate | Home Equity
Loans and Leases Receivable Disclosure [Line Items]
Collateral-Dependent Financing Receivable	915	834
Allocated ACL	0	0
Real Estate | Home Equity | Secured by 1-4 Family Residential Properties
Loans and Leases Receivable Disclosure [Line Items]
Collateral-Dependent Financing Receivable	915	834
Real Estate | Home Equity | Secured by Nonfarm Nonresidential Properties
Loans and Leases Receivable Disclosure [Line Items]
Collateral-Dependent Financing Receivable	$ 0	0
Real Estate | Commercial Mortgage
Loans and Leases Receivable Disclosure [Line Items]
Collateral-Dependent Financing Receivable		77
Allocated ACL		0
Real Estate | Commercial Mortgage | Secured by 1-4 Family Residential Properties
Loans and Leases Receivable Disclosure [Line Items]
Collateral-Dependent Financing Receivable		0
Real Estate | Commercial Mortgage | Secured by Nonfarm Nonresidential Properties
Loans and Leases Receivable Disclosure [Line Items]
Collateral-Dependent Financing Receivable		$ 77

LOANS AND CREDIT QUALITY (Class

LOANS AND CREDIT QUALITY (Class and Credit Indicator) (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Financing Receivable, before Allowance for Credit Loss, by Origination Year [Abstract]
Current fiscal year	$ 344,914		$ 390,636
Fiscal year before current fiscal year	369,976		954,656
Two years before current fiscal year	847,392		1,130,252
Three years before current fiscal year	1,055,786		628,071
Four years before current fiscal year	586,077		349,235
Five years before current fiscal year	1,385,050		1,188,666
Amortized Cost of Revolving Loans	753,414		797,466
Total	5,342,609		5,438,982
Loans and leases, gross	5,343,024		5,439,215
Net deferred costs (income)	(415)		(233)
Total loans, net of deferred fees and costs	5,342,609		5,438,982
Financing Receivable, Allowance For Credit Loss, Write Off, By Origination Year [Abstract]
Year-to-date gross charge-offs, Current fiscal year	144	$ 147
Year-to-date gross charge-offs, fiscal year before current fiscal year	668	5,227
Year-to-date gross charge-offs, two years before current fiscal year	8,360	4,303
Year-to-date gross charge-offs, three years before current fiscal year	3,446	871
Year-to-date gross charge-offs, four years before current fiscal year	441	892
Year-to-date gross charge-offs, five years before current fiscal year	2,327	1,372
Year-to-date gross charge-offs, Total	15,386	12,812
Real Estate
Financing Receivable, Allowance For Credit Loss, Write Off, By Origination Year [Abstract]
Year-to-date gross charge-offs, Current fiscal year	0
Year-to-date gross charge-offs, fiscal year before current fiscal year	0
Year-to-date gross charge-offs, two years before current fiscal year	175
Year-to-date gross charge-offs, three years before current fiscal year	0
Year-to-date gross charge-offs, four years before current fiscal year	0
Year-to-date gross charge-offs, five years before current fiscal year	208
Year-to-date gross charge-offs, Total	383
Real Estate | Construction
Financing Receivable, before Allowance for Credit Loss, by Origination Year [Abstract]
Current fiscal year	6,508		8,434
Fiscal year before current fiscal year	19,346		52,596
Two years before current fiscal year	47,954		69,607
Three years before current fiscal year	35,859		18,878
Four years before current fiscal year	13,342		2,136
Five years before current fiscal year	35,117		31,090
Amortized Cost of Revolving Loans	0		2,778
Total	158,126		185,519
Loans and leases, gross	158,523		185,994
Real Estate | Construction | Pass
Financing Receivable, before Allowance for Credit Loss, by Origination Year [Abstract]
Current fiscal year	6,508		8,434
Fiscal year before current fiscal year	19,346		52,596
Two years before current fiscal year	47,954		69,203
Three years before current fiscal year	35,859		18,878
Four years before current fiscal year	13,342		2,136
Five years before current fiscal year	35,117		31,090
Amortized Cost of Revolving Loans	0		2,778
Total	158,126		185,115
Real Estate | Construction | Special Mention
Financing Receivable, before Allowance for Credit Loss, by Origination Year [Abstract]
Current fiscal year			0
Fiscal year before current fiscal year			0
Two years before current fiscal year			404
Three years before current fiscal year			0
Four years before current fiscal year			0
Five years before current fiscal year			0
Amortized Cost of Revolving Loans			0
Total			404
Real Estate | Residential Mortgage
Financing Receivable, before Allowance for Credit Loss, by Origination Year [Abstract]
Current fiscal year	55,009		101,473
Fiscal year before current fiscal year	92,858		267,371
Two years before current fiscal year	263,248		609,947
Three years before current fiscal year	596,644		415,361
Four years before current fiscal year	402,407		145,130
Five years before current fiscal year	487,753		388,507
Amortized Cost of Revolving Loans	0		0
Total	1,897,919		1,927,789
Loans and leases, gross	1,897,526		1,927,206
Real Estate | Residential Mortgage | Pass
Financing Receivable, before Allowance for Credit Loss, by Origination Year [Abstract]
Current fiscal year	55,009		101,473
Fiscal year before current fiscal year	92,858		266,314
Two years before current fiscal year	261,649		609,648
Three years before current fiscal year	596,350		414,430
Four years before current fiscal year	400,545		144,312
Five years before current fiscal year	480,913		385,452
Amortized Cost of Revolving Loans	0		0
Total	1,887,324		1,921,629
Real Estate | Residential Mortgage | Special Mention
Financing Receivable, before Allowance for Credit Loss, by Origination Year [Abstract]
Current fiscal year			0
Fiscal year before current fiscal year			0
Two years before current fiscal year			0
Three years before current fiscal year			0
Four years before current fiscal year			0
Five years before current fiscal year			268
Amortized Cost of Revolving Loans			0
Total			268
Real Estate | Residential Mortgage | Substandard
Financing Receivable, before Allowance for Credit Loss, by Origination Year [Abstract]
Current fiscal year	0		0
Fiscal year before current fiscal year	0		1,057
Two years before current fiscal year	1,599		299
Three years before current fiscal year	294		931
Four years before current fiscal year	1,862		818
Five years before current fiscal year	6,840		2,787
Amortized Cost of Revolving Loans	0		0
Total	10,595		5,892
Real Estate | Home Equity
Financing Receivable, before Allowance for Credit Loss, by Origination Year [Abstract]
Current fiscal year	1,231		12,229
Fiscal year before current fiscal year	11,997		32,208
Two years before current fiscal year	29,158		19,589
Three years before current fiscal year	18,224		8,766
Four years before current fiscal year	7,611		6,438
Five years before current fiscal year	25,333		18,377
Amortized Cost of Revolving Loans	603,569		638,917
Total	697,123		736,524
Loans and leases, gross	695,175		734,500
Real Estate | Home Equity | Pass
Financing Receivable, before Allowance for Credit Loss, by Origination Year [Abstract]
Current fiscal year	1,231		12,229
Fiscal year before current fiscal year	11,997		32,208
Two years before current fiscal year	29,158		19,589
Three years before current fiscal year	18,224		8,766
Four years before current fiscal year	7,611		6,372
Five years before current fiscal year	24,418		17,379
Amortized Cost of Revolving Loans	603,434		638,917
Total	696,073		735,460
Real Estate | Home Equity | Substandard
Financing Receivable, before Allowance for Credit Loss, by Origination Year [Abstract]
Current fiscal year	0		0
Fiscal year before current fiscal year	0		0
Two years before current fiscal year	0		0
Three years before current fiscal year	0		0
Four years before current fiscal year	0		66
Five years before current fiscal year	915		998
Amortized Cost of Revolving Loans	135		0
Total	1,050		1,064
Real Estate | Commercial Mortgage
Financing Receivable, before Allowance for Credit Loss, by Origination Year [Abstract]
Current fiscal year	122,037		96,479
Fiscal year before current fiscal year	96,185		256,660
Two years before current fiscal year	238,401		205,520
Three years before current fiscal year	227,702		115,055
Four years before current fiscal year	112,347		124,745
Five years before current fiscal year	667,727		578,132
Amortized Cost of Revolving Loans	5,911		6,311
Total	1,470,310		1,382,902
Loans and leases, gross	1,472,230		1,384,579
Real Estate | Commercial Mortgage | Pass
Financing Receivable, before Allowance for Credit Loss, by Origination Year [Abstract]
Current fiscal year	122,037		96,479
Fiscal year before current fiscal year	95,562		256,660
Two years before current fiscal year	238,401		202,933
Three years before current fiscal year	225,176		115,055
Four years before current fiscal year	112,347		112,578
Five years before current fiscal year	657,231		566,325
Amortized Cost of Revolving Loans	5,911		6,311
Total	1,456,665		1,356,341
Real Estate | Commercial Mortgage | Special Mention
Financing Receivable, before Allowance for Credit Loss, by Origination Year [Abstract]
Current fiscal year	0		0
Fiscal year before current fiscal year	623		0
Two years before current fiscal year	0		0
Three years before current fiscal year	1,438		0
Four years before current fiscal year	0		10,513
Five years before current fiscal year	5,185		9,638
Amortized Cost of Revolving Loans	0		0
Total	7,246		20,151
Real Estate | Commercial Mortgage | Substandard
Financing Receivable, before Allowance for Credit Loss, by Origination Year [Abstract]
Current fiscal year	0		0
Fiscal year before current fiscal year	0		0
Two years before current fiscal year	0		2,587
Three years before current fiscal year	1,088		0
Four years before current fiscal year	0		1,654
Five years before current fiscal year	5,311		2,169
Amortized Cost of Revolving Loans	0		0
Total	6,399		6,410
Consumer
Financing Receivable, before Allowance for Credit Loss, by Origination Year [Abstract]
Current fiscal year	32,656		88,651
Fiscal year before current fiscal year	91,878		261,983
Two years before current fiscal year	192,439		144,546
Three years before current fiscal year	103,287		36,518
Four years before current fiscal year	24,083		28,053
Five years before current fiscal year	19,731		11,650
Amortized Cost of Revolving Loans	55,610		59,140
Total	519,684		630,541
Loans and leases, gross	520,014		630,898
Financing Receivable, Allowance For Credit Loss, Write Off, By Origination Year [Abstract]
Year-to-date gross charge-offs, Current fiscal year	75	4
Year-to-date gross charge-offs, fiscal year before current fiscal year	518	4,988
Year-to-date gross charge-offs, two years before current fiscal year	7,944	4,158
Year-to-date gross charge-offs, three years before current fiscal year	3,243	871
Year-to-date gross charge-offs, four years before current fiscal year	408	627
Year-to-date gross charge-offs, five years before current fiscal year	951	621
Year-to-date gross charge-offs, Total	13,139	11,269
Consumer | Pass
Financing Receivable, before Allowance for Credit Loss, by Origination Year [Abstract]
Current fiscal year	32,636		88,593
Fiscal year before current fiscal year	91,838		261,752
Two years before current fiscal year	192,185		144,341
Three years before current fiscal year	103,112		36,431
Four years before current fiscal year	24,048		27,970
Five years before current fiscal year	19,153		10,538
Amortized Cost of Revolving Loans	55,605		59,130
Total	518,577		628,755
Consumer | Substandard
Financing Receivable, before Allowance for Credit Loss, by Origination Year [Abstract]
Current fiscal year	20		58
Fiscal year before current fiscal year	40		231
Two years before current fiscal year	254		205
Three years before current fiscal year	175		87
Four years before current fiscal year	35		83
Five years before current fiscal year	578		1,084
Amortized Cost of Revolving Loans	5		10
Total	1,107		1,758
Consumer | Loss
Financing Receivable, before Allowance for Credit Loss, by Origination Year [Abstract]
Current fiscal year			0
Fiscal year before current fiscal year			0
Two years before current fiscal year			0
Three years before current fiscal year			0
Four years before current fiscal year			0
Five years before current fiscal year			28
Amortized Cost of Revolving Loans			0
Total			28
Commercial and industrial
Financing Receivable, before Allowance for Credit Loss, by Origination Year [Abstract]
Current fiscal year	127,473		83,370
Fiscal year before current fiscal year	57,712		83,838
Two years before current fiscal year	76,192		81,043
Three years before current fiscal year	74,070		33,493
Four years before current fiscal year	26,287		42,733
Five years before current fiscal year	149,389		160,910
Amortized Cost of Revolving Loans	88,324		90,320
Total	599,447		575,707
Loans and leases, gross	599,556		576,038
Financing Receivable, Allowance For Credit Loss, Write Off, By Origination Year [Abstract]
Year-to-date gross charge-offs, Current fiscal year	69	143
Year-to-date gross charge-offs, fiscal year before current fiscal year	150	239
Year-to-date gross charge-offs, two years before current fiscal year	241	145
Year-to-date gross charge-offs, three years before current fiscal year	203	0
Year-to-date gross charge-offs, four years before current fiscal year	33	265
Year-to-date gross charge-offs, five years before current fiscal year	1,168	751
Year-to-date gross charge-offs, Total	1,864	$ 1,543
Commercial and industrial | Pass
Financing Receivable, before Allowance for Credit Loss, by Origination Year [Abstract]
Current fiscal year	125,093		83,333
Fiscal year before current fiscal year	56,889		82,649
Two years before current fiscal year	75,837		77,551
Three years before current fiscal year	71,370		32,831
Four years before current fiscal year	26,287		42,162
Five years before current fiscal year	149,077		152,940
Amortized Cost of Revolving Loans	88,324		90,177
Total	592,877		561,643
Commercial and industrial | Special Mention
Financing Receivable, before Allowance for Credit Loss, by Origination Year [Abstract]
Current fiscal year	0		0
Fiscal year before current fiscal year	587		0
Two years before current fiscal year	297		2,916
Three years before current fiscal year	2,579		0
Four years before current fiscal year	0		0
Five years before current fiscal year	0		944
Amortized Cost of Revolving Loans	0		93
Total	3,463		3,953
Commercial and industrial | Substandard
Financing Receivable, before Allowance for Credit Loss, by Origination Year [Abstract]
Current fiscal year	2,380		37
Fiscal year before current fiscal year	236		1,189
Two years before current fiscal year	58		576
Three years before current fiscal year	121		662
Four years before current fiscal year	0		571
Five years before current fiscal year	312		7,026
Amortized Cost of Revolving Loans	0		50
Total	$ 3,107		$ 10,111

ALLOWANCE FOR CREDIT LOSSES A_3

ALLOWANCE FOR CREDIT LOSSES AND RESERVE FOR OFF-BALANCE SHEET CREDIT EXPOSURES (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Changes in the allowance
Beginning balance	$ 62,225	$ 63,849	$ 63,934	$ 63,738
Provision (credit) for credit losses on loans	3,040	4,526	9,609	10,276
Subtotal	65,265	68,375	73,543	74,014
Charge-offs	(4,718)	(5,112)	(15,386)	(12,812)
Recoveries	1,100	1,254	3,490	3,315
Net (charge-offs) recoveries	(3,618)	(3,858)	(11,896)	(9,497)
Ending balance	61,647	64,517	61,647	64,517
Commercial and Industrial
Changes in the allowance
Beginning balance	7,071	6,946	7,181	6,824
Provision (credit) for credit losses on loans	617	(330)	1,488	558
Subtotal	7,688	6,616	8,669	7,382
Charge-offs	(663)	(402)	(1,864)	(1,543)
Recoveries	158	261	378	636
Net (charge-offs) recoveries	(505)	(141)	(1,486)	(907)
Ending balance	7,183	6,475	7,183	6,475
Consumer
Changes in the allowance
Beginning balance	14,801	19,686	17,079	20,227
Provision (credit) for credit losses on loans	2,757	1,351	7,515	5,758
Subtotal	17,558	21,037	24,594	25,985
Charge-offs	(3,956)	(4,710)	(13,139)	(11,269)
Recoveries	934	982	3,081	2,593
Net (charge-offs) recoveries	(3,022)	(3,728)	(10,058)	(8,676)
Ending balance	14,536	17,309	14,536	17,309
Construction | Real Estate
Changes in the allowance
Beginning balance	3,798	3,654	4,004	2,867
Provision (credit) for credit losses on loans	(1,230)	953	(1,436)	1,740
Subtotal	2,568	4,607	2,568	4,607
Charge-offs	0	0	0	0
Recoveries	0	1	0	1
Net (charge-offs) recoveries	0	1	0	1
Ending balance	2,568	4,608	2,568	4,608
Residential Mortgage | Real Estate
Changes in the allowance
Beginning balance	15,389	12,233	14,626	11,804
Provision (credit) for credit losses on loans	1,052	1,727	2,082	2,096
Subtotal	16,441	13,960	16,708	13,900
Charge-offs	(99)	0	(383)	0
Recoveries	8	10	25	70
Net (charge-offs) recoveries	(91)	10	(358)	70
Ending balance	16,350	13,970	16,350	13,970
Home Equity | Real Estate
Changes in the allowance
Beginning balance	3,829	3,965	3,501	4,114
Provision (credit) for credit losses on loans	(1,360)	(913)	(1,038)	(1,077)
Subtotal	2,469	3,052	2,463	3,037
Charge-offs	0	0	0	0
Recoveries	0	0	6	15
Net (charge-offs) recoveries	0	0	6	15
Ending balance	2,469	3,052	2,469	3,052
Commercial Mortgage | Real Estate
Changes in the allowance
Beginning balance	17,337	17,365	17,543	17,902
Provision (credit) for credit losses on loans	1,204	1,738	998	1,201
Subtotal	18,541	19,103	18,541	19,103
Charge-offs	0	0	0	0
Recoveries	0	0	0	0
Net (charge-offs) recoveries	0	0	0	0
Ending balance	$ 18,541	$ 19,103	$ 18,541	$ 19,103

ALLOWANCE FOR CREDIT LOSSES A_4

ALLOWANCE FOR CREDIT LOSSES AND RESERVE FOR OFF-BALANCE SHEET CREDIT EXPOSURES (Reserve For Off-Balance Sheet Credit Exposure) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Off-Balance Sheet, Credit Loss, Liability [Roll Forward]
Beginning balance	$ 3,312	$ 3,664	$ 3,706	$ 3,243
Ending balance	3,105	4,012	3,105	4,012
Adjusted balance at beginning of period
Off-Balance Sheet, Credit Loss, Liability [Roll Forward]
(Credit) provision for off-balance sheet credit exposures	$ (207)	$ 348	$ (601)	$ 769

INVESTMENTS IN UNCONSOLIDATED_3

INVESTMENTS IN UNCONSOLIDATED SUBSIDIARIES (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended	12 Months Ended
	Mar. 31, 2023	Sep. 30, 2024	Dec. 31, 2023	Mar. 31, 2022	Dec. 31, 2021
Schedule of Investments [Line Items]
Total unfunded commitments		$ 20,780
Swell Financial, Inc.
Schedule of Investments [Line Items]
Proceeds from intellectual property rights and platform usage feeds from products	$ 1,500	1,400	$ 1,500
Swell Financial, Inc. | Maximum
Schedule of Investments [Line Items]
Proceeds from sale of equity method investment securities	$ 500
JAM FINTOP Banktech Fund, L.P.
Schedule of Investments [Line Items]
Equity method investments					$ 2,000
Swell Financial, Inc.
Schedule of Investments [Line Items]
Equity method investments				$ 2,000
LIHTC
Schedule of Investments [Line Items]
Total unfunded commitments		19,977	22,000
Other
Schedule of Investments [Line Items]
Total unfunded commitments		803	1,000
Fund Commitments
Schedule of Investments [Line Items]
Funded commitments, LIHTC		$ 63,500	$ 47,800

INVESTMENTS IN UNCONSOLIDATED_4

INVESTMENTS IN UNCONSOLIDATED SUBSIDIARIES (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures [Abstract]
Investments in low-income housing tax credit partnerships, net of amortization	$ 51,152	$ 37,838
Investments in common securities of statutory trusts	1,547	1,547
Investments in affiliates	87	111
Other	2,050	2,050
Total	$ 54,836	$ 41,546

INVESTMENTS IN UNCONSOLIDATED_5

INVESTMENTS IN UNCONSOLIDATED SUBSIDIARIES (Future Commitments) (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Other Commitments [Line Items]
2024 (remainder)	$ 2,209
2025	10,519
2026	7,564
2027	36
2028	30
2029	36
Thereafter	386
Total unfunded commitments	20,780
LIHTC
Other Commitments [Line Items]
2024 (remainder)	1,406
2025	10,519
2026	7,564
2027	36
2028	30
2029	36
Thereafter	386
Total unfunded commitments	19,977	$ 22,000
Other
Other Commitments [Line Items]
2024 (remainder)	803
2025	0
2026	0
2027	0
2028	0
2029	0
Thereafter	0
Total unfunded commitments	$ 803	$ 1,000

INVESTMENTS IN UNCONSOLIDATED_6

INVESTMENTS IN UNCONSOLIDATED SUBSIDIARIES (Amortization Expense and Tax Credits Recognized With Investments in LIHTC) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures [Abstract]
Amortization expense recognized in income tax expense	$ 1,012	$ 714	$ 2,372	$ 2,142
Tax credits recognized in income tax expense	$ 1,155	$ 891	$ 2,756	$ 2,675

MORTGAGE SERVICING RIGHTS (Narr

MORTGAGE SERVICING RIGHTS (Narrative) (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Loans serviced for others	$ 1,188,701	$ 1,221,795

MORTGAGE SERVICING RIGHTS - Mor

MORTGAGE SERVICING RIGHTS - Mortgage Loan Portfolio (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Acquired Finite-Lived Intangible Assets [Line Items]
Loans serviced for others	$ 1,188,701	$ 1,221,795
Federal National Mortgage Association (FNMA)
Acquired Finite-Lived Intangible Assets [Line Items]
Loans serviced for others	725,880	736,042
Federal Home Loan Mortgage Corporation (FHLMC)
Acquired Finite-Lived Intangible Assets [Line Items]
Loans serviced for others	462,367	485,270
Federal Home Loan Banks (FHLB)
Acquired Finite-Lived Intangible Assets [Line Items]
Loans serviced for others	$ 454	$ 483

MORTGAGE SERVICING RIGHTS (Chan

MORTGAGE SERVICING RIGHTS (Changes In Mortgage Servicing Rights) (Details) - Mortgage servicing rights - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Changes in other intangible assets
Balance, beginning of period	$ 8,696	$ 9,074
Additions	400	261
Amortization	(583)	(538)
Balance, end of period	$ 8,513	$ 8,797

MORTGAGE SERVICING RIGHTS (Fair

MORTGAGE SERVICING RIGHTS (Fair Market Value And Key Assumptions Used In Determining Fair Market Value of Mortgage Servicing Rights) (Details) - Mortgage servicing rights $ in Thousands	Sep. 30, 2024 USD ($)	Dec. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)
Finite-Lived Intangible Assets [Line Items]
Fair market value	$ 11,637	$ 12,185	$ 12,061
Weighted-average discount rate
Finite-Lived Intangible Assets [Line Items]
Measurement input	0.095	0.095
Weighted-average prepayment speed assumption
Finite-Lived Intangible Assets [Line Items]
Measurement input	0.114	0.112

DERIVATIVES (Additional Informa

DERIVATIVES (Additional Information) (Details) - USD ($)	Sep. 30, 2024	Dec. 31, 2023
Interest rate lock commitments | Derivative Financial Instruments Not Designated as Hedging Instruments
DERIVATIVES
Mortgage loans hedged	$ 1,600,000	$ 1,800,000
Risk Participation Agreements | Derivative Financial Instruments Not Designated as Hedging Instruments
DERIVATIVES
Notional amount	35,400,000	36,000,000
Back-to-back swap agreements | Derivative Financial Instruments Not Designated as Hedging Instruments
DERIVATIVES
Notional amount	50,400,000	51,100,000
Cash pledged as collateral	(9,000,000)	$ (9,600,000)
Interest rate swap agreements | Derivative Financial Instruments Designated as Hedging Instruments
DERIVATIVES
Notional amount	$ 115,500,000
Fixed interest rate	2.095%

DERIVATIVES (Balance Sheet) (De

DERIVATIVES (Balance Sheet) (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Derivative Financial Instruments Not Designated as Hedging Instruments | Derivatives - Interest rate contracts
Asset Derivatives
Fair Value	$ 0	$ 0
Liability Derivatives
Fair Value	2	34
Derivative Financial Instruments Not Designated as Hedging Instruments | Back-to-back swap agreements
Asset Derivatives
Fair Value	2,875	3,547
Liability Derivatives
Fair Value	2,875	3,547
Derivative Financial Instruments Designated as Hedging Instruments | Interest rate swap agreements
Asset Derivatives
Fair Value	5,202	6,440
Liability Derivatives
Fair Value	$ 0	$ 0

DERIVATIVES (Income Statement)

DERIVATIVES (Income Statement) (Details) - Derivatives Not in Cash Flow Hedging Relationship - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Derivative Financial Instruments Not Designated as Hedging Instruments | Interest rate lock and forward sale commitments
DERIVATIVES
Location of Gain (Loss) Recognized in Earnings on Derivatives	Mortgage banking income	Mortgage banking income	Mortgage banking income	Mortgage banking income
Amount of Gain (Loss) Recognized in Earnings on Derivatives	$ 1	$ (16)	$ 32	$ (8)
Derivative Financial Instruments Not Designated as Hedging Instruments | Back-to-back swap agreements
DERIVATIVES
Location of Gain (Loss) Recognized in Earnings on Derivatives		Other service charges and fees	Other service charges and fees	Other service charges and fees
Amount of Gain (Loss) Recognized in Earnings on Derivatives		$ 36	$ 80	$ 71
Derivative Financial Instruments Not Designated as Hedging Instruments | Loans held for sale
DERIVATIVES
Location of Gain (Loss) Recognized in Earnings on Derivatives	Other	Other		Other
Amount of Gain (Loss) Recognized in Earnings on Derivatives	$ 17	$ 4		$ 3
Derivative Financial Instruments Designated as Hedging Instruments | Interest rate swap agreements
DERIVATIVES
Location of Gain (Loss) Recognized in Earnings on Derivatives	Interest and Dividend Income, Operating	Interest and Dividend Income, Operating	Interest Income (Expense), Net	Interest Income (Expense), Net
Amount of Gain (Loss) Recognized in Earnings on Derivatives	$ 1,148	$ (121)	$ 1,924	$ (180)

DERIVATIVES (Balance Sheet Cumu

DERIVATIVES (Balance Sheet Cumulative Basis Adjustments For Fair Value Hedges) (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Line Item in the Consolidated Balance Sheets	Fair Value
Carrying Amount of the Hedged Assets	$ 93,635	$ 90,636
Cumulative Amount of Fair Value Hedging Adjustment Included in the Carrying Amount of the Hedged Assets	$ (5,531)	$ (6,817)

SHORT-TERM BORROWINGS AND LON_3

SHORT-TERM BORROWINGS AND LONG-TERM DEBT - Long Term Debt Under FHLB of Des Moines (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Debt Instrument [Line Items]
Long term borrowings	$ 156,284	$ 156,102
Federal Home Loan Bank long-term advances
Debt Instrument [Line Items]
Long term borrowings	50,000	50,000
Subordinated debentures
Debt Instrument [Line Items]
Long term borrowings	51,547	51,547
Subordinated notes, net of unamortized debt issuance costs
Debt Instrument [Line Items]
Long term borrowings	$ 54,737	$ 54,555

SHORT-TERM BORROWINGS AND LON_4

SHORT-TERM BORROWINGS AND LONG-TERM DEBT - Narrative (Details)		1 Months Ended		6 Months Ended	9 Months Ended
	Oct. 20, 2020 USD ($)	Dec. 31, 2004 USD ($)	Sep. 30, 2004 USD ($)	Jun. 30, 2024	Sep. 30, 2024 USD ($) period	Dec. 31, 2023 USD ($)
Debt Instrument [Line Items]
Long term borrowings					$ 156,284,000	$ 156,102,000
Investment securities					1,329,570,000	1,279,548,000
Unamortized debt issuance costs					263,000	445,000
Subordinated debentures
Debt Instrument [Line Items]
Long term borrowings					$ 51,547,000	51,547,000
Number of periods interest can be deferred | period					20
Subordinated notes, net of unamortized debt issuance costs
Debt Instrument [Line Items]
Long term borrowings					$ 54,737,000	54,555,000
C P B Capital Trust I V
Debt Instrument [Line Items]
Trust preferred securities issued value			$ 30,000,000
Common securities issued to company			$ 900,000
C P B Capital Trust I V | Subordinated debentures
Debt Instrument [Line Items]
Long term borrowings					30,900,000
C P B Capital Trust V
Debt Instrument [Line Items]
Trust preferred securities issued value		$ 20,000,000
Common securities issued to company		$ 600,000
C P B Capital Trust V | Subordinated debentures
Debt Instrument [Line Items]
Long term borrowings					$ 20,600,000
Maximum | Subordinated debentures
Debt Instrument [Line Items]
Redemption period					90 days
Federal Home Loan Bank Borrowings
Debt Instrument [Line Items]
Line of Credit, maximum borrowing capacity					$ 1,850,000,000	1,930,000,000
Unused borrowings available					1,720,000,000	1,810,000,000
FHLB advances and other short-term borrowings					0	0
Long term borrowings					50,000,000	50,000,000
Letters of Credit, outstanding					83,600,000	72,000,000
Federal Home Loan Bank Borrowings | Asset Pledged as Collateral
Debt Instrument [Line Items]
Net loans and leases					$ 3,120,000,000	$ 3,160,000,000
Federal Home Loan Bank Borrowings | Minimum
Debt Instrument [Line Items]
Long term borrowings, interest rate					4.02%	4.02%
Federal Home Loan Bank Borrowings | Maximum
Debt Instrument [Line Items]
Long term borrowings, interest rate					4.62%	4.62%
Federal Reserve discount window line of credit
Debt Instrument [Line Items]
Unused borrowings available					$ 242,800,000	$ 285,800,000
Federal Reserve discount window line of credit | Asset Pledged as Collateral
Debt Instrument [Line Items]
Net loans and leases					130,100,000	135,100,000
Investment securities					187,300,000	196,700,000
Pacific Coast Bankers' Bank ("PCBB")
Debt Instrument [Line Items]
Unused borrowings available					$ 75,000,000	75,000,000
CPB Capital Trust IV | Junior Subordinated Debt | London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Basis spread on variable rate			2.45%
CPB Capital Trust IV | Junior Subordinated Debt | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate
Debt Instrument [Line Items]
Basis spread on variable rate				0.26%	0.26%
CPB Statutory Trust V | Junior Subordinated Debt | London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Basis spread on variable rate		1.87%
CPB Statutory Trust V | Junior Subordinated Debt | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate
Debt Instrument [Line Items]
Basis spread on variable rate				0.26%	0.26%
Notes | Subordinated notes, net of unamortized debt issuance costs
Debt Instrument [Line Items]
Long term borrowings					$ 54,700,000	$ 54,600,000
Debt face amount	$ 55,000,000
Debt instrument, term	10 years
Stated interest rate, first five years	4.75%				4.75%	4.75%
Unamortized debt issuance costs					$ 300,000	$ 400,000
Notes | Subordinated notes, net of unamortized debt issuance costs | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate
Debt Instrument [Line Items]
Basis spread on variable rate	4.56%			4.56%	4.56%

SHORT-TERM BORROWINGS AND LON_5

SHORT-TERM BORROWINGS AND LONG-TERM DEBT - Subordinated Debentures (Details) - Junior Subordinated Debt - USD ($) $ in Thousands	6 Months Ended	9 Months Ended
	Jun. 30, 2024	Sep. 30, 2024	Dec. 31, 2023
Debt Instrument [Line Items]
Subordinated Debentures		$ 51,547	$ 51,547
CPB Capital Trust IV
Debt Instrument [Line Items]
Subordinated Debentures		$ 30,928	30,928
CPB Capital Trust IV | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate
Debt Instrument [Line Items]
Interest Rate	0.26%	0.26%
CPB Capital Trust IV | Tenor Spread Adjustment
Debt Instrument [Line Items]
Interest Rate	2.45%	2.45%
CPB Statutory Trust V
Debt Instrument [Line Items]
Subordinated Debentures		$ 20,619	$ 20,619
CPB Statutory Trust V | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate
Debt Instrument [Line Items]
Interest Rate	0.26%	0.26%
CPB Statutory Trust V | Tenor Spread Adjustment
Debt Instrument [Line Items]
Interest Rate	1.87%	1.87%

SHORT-TERM BORROWINGS AND LON_6

SHORT-TERM BORROWINGS AND LONG-TERM DEBT (Subordinated Notes) (Details) - Notes - Subordinated notes, net of unamortized debt issuance costs - USD ($) $ in Thousands		6 Months Ended	9 Months Ended
	Oct. 20, 2020	Jun. 30, 2024	Sep. 30, 2024	Dec. 31, 2023
Debt Instrument [Line Items]
Subordinated notes			$ 55,000	$ 55,000
Stated interest rate, first five years	4.75%		4.75%	4.75%
Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate
Debt Instrument [Line Items]
Basis spread on variable rate	4.56%	4.56%	4.56%

REVENUE FROM CONTRACTS WITH C_3

REVENUE FROM CONTRACTS WITH CUSTOMERS (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Revenue from External Customer [Line Items]
In-Scope	$ 9,200	$ 8,517	$ 26,614	$ 24,260
Out-of-Scope	3,534	1,530	9,485	7,231
Total	12,734	10,047	36,099	31,491
Mortgage banking income
Revenue from External Customer [Line Items]
In-Scope	352	216	626	541
Out-of-Scope	470	549	1,849	1,440
Total	822	765	2,475	1,981
Service charges on deposit accounts
Revenue from External Customer [Line Items]
In-Scope	2,167	2,193	6,405	6,441
Out-of-Scope	0	0	0	0
Total	2,167	2,193	6,405	6,441
Other service charges and fees
Revenue from External Customer [Line Items]
In-Scope	5,234	4,874	15,252	13,655
Out-of-Scope	713	329	1,825	1,527
Total	5,947	5,203	17,077	15,182
Income from fiduciary activities
Revenue from External Customer [Line Items]
In-Scope	1,447	1,234	4,331	3,623
Out-of-Scope	0	0	0	0
Total	1,447	1,234	4,331	3,623
Income from bank-owned life insurance
Revenue from External Customer [Line Items]
In-Scope	0	0	0	0
Out-of-Scope	1,897	379	4,653	2,855
Total	1,897	379	4,653	2,855
Net (losses) gains on sales of investment securities
Revenue from External Customer [Line Items]
In-Scope	0	0	0	0
Out-of-Scope	0	(135)	0	(135)
Total	0	(135)	0	(135)
Other
Revenue from External Customer [Line Items]
In-Scope	0	0	0	0
Out-of-Scope	454	408	1,158	1,544
Total	$ 454	$ 408	$ 1,158	$ 1,544

SHARE-BASED COMPENSATION (Narra

SHARE-BASED COMPENSATION (Narrative) (Details) - Restricted Stock Units ("RSUs") and Performance Stock Units ("PSUs")	9 Months Ended
	Sep. 30, 2024
Share-Based Payment Arrangement, Tranche One
SHARE-BASED COMPENSATION
Award vesting period	2 years
Share-Based Payment Arrangement, Tranche Two
SHARE-BASED COMPENSATION
Award vesting period	3 years
Share-Based Payment Arrangement, Tranche Three
SHARE-BASED COMPENSATION
Award vesting period	5 years

SHARE-BASED COMPENSATION (Restr

SHARE-BASED COMPENSATION (Restricted and Performance Stock Unit Activity) (Details) - Restricted Stock Units ("RSUs") and Performance Stock Units ("PSUs") $ / shares in Units, $ in Thousands	9 Months Ended
	Sep. 30, 2024 USD ($) $ / shares shares
Activity of nonvested shares
Non-vested RSUs and PSUs, beginning of period (in shares) | shares	224,579
Changes during the period:
Granted (in shares) | shares	137,911
Forfeited (in shares) | shares	(1,648)
Vested (in shares) | shares	(75,113)
Non-vested RSUs and PSUs, end of period (in shares) | shares	285,729
Weighted Average Grant Date Fair Value Per Share
Non-vested RSUs and PSUs, beginning of period (in dollars per share) | $ / shares	$ 24.76
Changes during the period:
Granted (in dollars per share) | $ / shares	19.41
Forfeited (in dollars per share) | $ / shares	20.59
Vested (in dollars per share) | $ / shares	23.73
Non-vested RSUs and PSUs, end of period (in dollars per share) | $ / shares	$ 22.48
Additional disclosures
Fair Value of RSUs and PSUs That Vested During the Period | $	$ 1,466

SUPPLEMENTAL EXECUTIVE RETIRE_3

SUPPLEMENTAL EXECUTIVE RETIREMENT PLANS (Narrative) (Details) - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
SERPs
PENSION AND SUPPLEMENTAL EXECUTIVE RETIREMENT PLANS
Projected benefit obligation	$ 9.2	$ 9.3

SUPPLEMENTAL EXECUTIVE RETIRE_4

SUPPLEMENTAL EXECUTIVE RETIREMENT PLANS (Net Periodic Benefit Cost) (Details) - SERPs - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
PENSION AND SUPPLEMENTAL EXECUTIVE RETIREMENT PLANS
Interest cost	$ 107	$ 112	$ 323	$ 336
Amortization of net actuarial gain	0	(19)	0	(57)
Amortization of net transition obligation	0	2	0	6
Net periodic benefit cost	$ 107	$ 95	$ 323	$ 285

OPERATING LEASES (Lease Cost an

OPERATING LEASES (Lease Cost and Other Information) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Lease cost:
Operating lease cost	$ 1,605	$ 1,285	$ 4,345	$ 3,937
Variable lease cost	484	918	2,346	2,740
Less: Sublease income	0	0	0	(34)
Total lease cost	2,089	2,203	6,691	6,643
Operating cash flows from operating leases	$ (1,564)	$ (1,258)	$ (4,246)	$ (3,950)
Weighted-average remaining lease term - operating leases	10 years 6 months 10 days	10 years 10 months 6 days	10 years 6 months 10 days	10 years 10 months 6 days
Weighted-average discount rate - operating leases	4.04%	3.96%	4.04%	3.96%

OPERATING LEASES (Undiscounted

OPERATING LEASES (Undiscounted Cash Flows And Reconciliation To Operating Lease Liabilities) (Details) $ in Thousands	Sep. 30, 2024 USD ($)
Undiscounted Cash Flows
2024 (remainder)	$ 1,297
2025	5,166
2026	5,125
2027	4,333
2028	3,486
2029	3,083
Thereafter	19,201
Total	41,691
Lease Liability Discount on Cash Flows
2024 (remainder)	319
2025	1,180
2026	1,032
2027	891
2028	776
2029	677
Thereafter	3,009
Total	7,884
Lease Liability
2024 (remainder)	978
2025	3,986
2026	4,093
2027	3,442
2028	2,710
2029	2,406
Thereafter	16,192
Total	$ 33,807

OPERATING LEASES (Lease Income)

OPERATING LEASES (Lease Income) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Leases [Abstract]
Operating Lease, Lease Income, Statement of Income or Comprehensive Income [Extensible Enumeration]	Net occupancy	Net occupancy	Net occupancy	Net occupancy
Total rental income recognized	$ 519	$ 497	$ 1,539	$ 1,622

OPERATING LEASES (Future Minimu

OPERATING LEASES (Future Minimum Rental Income) (Details) $ in Thousands	Sep. 30, 2024 USD ($)
Future minimum rental income for those noncancellable operating leases that had initial lease terms in excess of one year
2024 (remainder)	$ 315
2025	1,207
2026	1,074
2027	1,017
2028	608
2029	553
Thereafter	1,294
Total	$ 6,068

ACCUMULATED OTHER COMPREHENSI_3

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Components of Other Comprehensive Income (Loss)) (Details) - USD ($) $ in Thousands	3 Months Ended						9 Months Ended
	Sep. 30, 2024	Jun. 30, 2024	Mar. 31, 2024	Sep. 30, 2023	Jun. 30, 2023	Mar. 31, 2023	Sep. 30, 2024	Sep. 30, 2023
Net change in fair value of investment securities:
Amortization of unrealized losses on investment securities transferred to held-to-maturity at fair value							$ (5,425)	$ (3,644)
Other comprehensive income (loss)	$ 24,693			$ (19,434)			24,564	(7,593)
Net change in fair value of investment securities:
Other comprehensive income (loss)	6,516			(5,162)			6,482	(2,030)
Net change in fair value of investment securities:
Net change in fair value of investment securities	19,942			(18,061)			15,036	(12,880)
Total other comprehensive income (loss), net of tax	18,177	$ 1,632	$ (1,727)	(14,272)	$ (2,547)	$ 11,256	18,082	(5,563)
Net unrealized gains on investment securities
Net change in fair value of investment securities:
Net unrealized gains (losses) on AFS investment securities arising during the period	27,092			(24,729)
Amortization of unrealized losses on investment securities transferred to held-to-maturity at fair value	1,920			2,026			5,425	5,670
Net change in fair value of investment securities	29,012			(22,568)
Net unrealized gains arising during the period							20,427	(17,675)
Other comprehensive income (loss)							25,852	(11,870)
Defined benefit plans, Before Tax
Amortization				(135)				(135)
Net change in fair value of investment securities:
Net unrealized gains (losses) on AFS investment securities arising during the period	7,150			(6,569)
Amortization of unrealized losses on investment securities transferred to HTM	507			538			1,432	1,506
Net change in fair value of investment securities	7,657			(5,995)
Net unrealized gains (losses) arising during the period							5,391	(4,696)
Other comprehensive income (loss)							6,823	(3,154)
Defined benefit plans, Tax Effect
Amortization				(36)				(36)
Net change in fair value of investment securities:
Net unrealized gains (losses) on investment securities arising during the period	19,942			(18,160)
Amortization of unrealized losses on investment securities transferred to held-to-maturity	(1,413)			(1,488)			(3,993)	(4,164)
Net change in fair value of investment securities	21,355			(16,573)
Other comprehensive income (loss) before reclassifications							15,036	(12,979)
Total other comprehensive income (loss), net of tax							19,029	(8,716)
Defined benefit plans, Net of Tax
Amortization				(99)				(99)
Gain (Loss) On Unrealized Losses On Derivative Instruments
Net change in fair value of investment securities:
Net unrealized gains arising during the period	(4,317)			3,151			(1,286)	4,329
Other comprehensive income (loss)	(4,317)			3,151			(1,286)	4,329
Net change in fair value of investment securities:
Net unrealized gains (losses) arising during the period	(1,140)			838			(340)	1,139
Other comprehensive income (loss)	(1,140)			838			(340)	1,139
Net change in fair value of investment securities:
Other comprehensive income (loss) before reclassifications	(3,177)			2,313			(946)	3,190
Total other comprehensive income (loss), net of tax	(3,177)			2,313			(946)	3,190
Amortization of net actuarial gain
Defined benefit plans, Before Tax
Amortization	2			19			2	58
Defined benefit plans, Tax Effect
Amortization	1			7			1	17
Defined benefit plans, Net of Tax
Amortization	1			12			1	41
Amortization of net transition obligation
Defined benefit plans, Before Tax
Amortization				(2)				(6)
Defined benefit plans, Tax Effect
Amortization				(2)				(2)
Defined benefit plans, Net of Tax
Amortization				0				(4)
SERP
Net change in fair value of investment securities:
Other comprehensive income (loss)	2			17			2	52
Net change in fair value of investment securities:
Other comprehensive income (loss)	1			5			1	15
Net change in fair value of investment securities:
Other comprehensive income (loss) before reclassifications	0			0			0	0
Total other comprehensive income (loss), net of tax	(1)			(12)			(1)	(37)
Defined benefit plans, Net of Tax
Amortization	$ 1			$ 12			$ 1	$ 37

ACCUMULATED OTHER COMPREHENSI_4

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Changes in AOCI) (Details) - USD ($) $ in Thousands	3 Months Ended						9 Months Ended
	Sep. 30, 2024	Jun. 30, 2024	Mar. 31, 2024	Sep. 30, 2023	Jun. 30, 2023	Mar. 31, 2023	Sep. 30, 2024	Sep. 30, 2023
Changes in each component of AOCI, net of tax
Beginning balance	$ 518,647	$ 507,203	$ 503,815	$ 476,279	$ 470,926	$ 452,871	$ 503,815	$ 452,871
Other comprehensive income	18,177	1,632	(1,727)	(14,272)	(2,547)	11,256	18,082	(5,563)
Ending balance	543,725	518,647	507,203	468,598	476,279	470,926	543,725	468,598
Investment Securities
Changes in each component of AOCI, net of tax
Beginning balance	(130,248)		(127,922)	(141,252)		(149,109)	(127,922)	(149,109)
Other comprehensive income (loss) before reclassifications	19,942			(18,160)			15,036	(12,979)
Reclassification adjustments from AOCI	1,413			1,587			3,993	4,263
Other comprehensive income	21,355			(16,573)			19,029	(8,716)
Ending balance	(108,893)	(130,248)		(157,825)	(141,252)		(108,893)	(157,825)
Derivatives
Changes in each component of AOCI, net of tax
Beginning balance	7,260		5,029	5,522		4,645	5,029	4,645
Other comprehensive income (loss) before reclassifications	(3,177)			2,313			(946)	(3,190)
Reclassification adjustments from AOCI	0			0			0	0
Other comprehensive income	(3,177)			2,313			(946)	3,190
Ending balance	4,083	7,260		7,835	5,522		4,083	7,835
SERP
Changes in each component of AOCI, net of tax
Beginning balance	297		297	455		480	297	480
Other comprehensive income (loss) before reclassifications	0			0			0	0
Reclassification adjustments from AOCI	(1)			(12)			(1)	(37)
Other comprehensive income	(1)			(12)			(1)	(37)
Ending balance	296	297		443	455		296	443
Accum. Other Comp. Loss
Changes in each component of AOCI, net of tax
Beginning balance	(122,691)	(124,323)	(122,596)	(135,275)	(132,728)	(143,984)	(122,596)	(143,984)
Other comprehensive income (loss) before reclassifications	16,765			(15,847)			14,090	(9,789)
Reclassification adjustments from AOCI	1,412			1,575			3,992	4,226
Other comprehensive income	18,177	1,632	(1,727)	(14,272)	(2,547)	11,256	18,082	(5,563)
Ending balance	$ (104,514)	$ (122,691)	$ (124,323)	$ (149,547)	$ (135,275)	$ (132,728)	$ (104,514)	$ (149,547)

ACCUMULATED OTHER COMPREHENSI_5

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Reclassified out of AOCI) (LOSS) (Details) - USD ($) $ in Thousands	3 Months Ended						9 Months Ended
	Sep. 30, 2024	Jun. 30, 2024	Mar. 31, 2024	Sep. 30, 2023	Jun. 30, 2023	Mar. 31, 2023	Sep. 30, 2024	Sep. 30, 2023
Amounts reclassified out of each component of accumulated other comprehensive income
Net loss on sales of investment securities	$ 0			$ (135)			$ 0	$ (135)
Income tax (expenses) benefit	(3,760)			(4,349)			(12,569)	(13,880)
Amortization of unrealized losses on investment securities transferred to HTM							5,425	3,644
Total reclassification adjustments from AOCI for the period, net of tax	13,305	$ 15,817	$ 12,945	13,141	$ 14,475	$ 16,187	42,067	43,803
Investment Securities
Amounts reclassified out of each component of accumulated other comprehensive income
Amounts reclassified from AOCI	(1,413)			(1,587)			(3,993)	(4,263)
Amortization of net actuarial gain
Amounts reclassified out of each component of accumulated other comprehensive income
Amortization	2			19			2	58
Reclassification from AOCI, tax	(1)			(7)			(1)	(17)
Amounts reclassified from AOCI	1			12			1	41
Amortization of net transition obligation
Amounts reclassified out of each component of accumulated other comprehensive income
Amortization				(2)				(6)
Reclassification from AOCI, tax				2				2
Amounts reclassified from AOCI				0				(4)
SERP
Amounts reclassified out of each component of accumulated other comprehensive income
Amounts reclassified from AOCI	1			12			1	37
Amount Reclassified from AOCI
Amounts reclassified out of each component of accumulated other comprehensive income
Total reclassification adjustments from AOCI for the period, net of tax	1,412			1,575			3,992	4,226
Amount Reclassified from AOCI | Investment Securities
Amounts reclassified out of each component of accumulated other comprehensive income
Net loss on sales of investment securities	0			135			0	135
Income tax (expenses) benefit	0			(36)			0	(36)
Total reclassification adjustments from AOCI for the period, net of tax	0			99			0	99
Amount Reclassified from AOCI | Amortization of unrealized losses on investment securities transferred to HTM
Amounts reclassified out of each component of accumulated other comprehensive income
Amortization of unrealized losses on investment securities transferred to HTM	1,920			2,026			5,425	5,670
Tax effect	(507)			(538)			(1,432)	(1,506)
Amortization of unrealized losses on investment securities transferred to held-to-maturity	1,413			1,488			3,993	4,164
Amount Reclassified from AOCI | Amortization of net actuarial gain
Amounts reclassified out of each component of accumulated other comprehensive income
Amortization	(2)			(19)			(2)	(58)
Amount Reclassified from AOCI | Amortization of net transition obligation
Amounts reclassified out of each component of accumulated other comprehensive income
Amortization	0			2			0	6
Amount Reclassified from AOCI | SERP
Amounts reclassified out of each component of accumulated other comprehensive income
Amortization	(2)			(17)			(2)	(52)
Reclassification from AOCI, tax	1			5			1	15
Amounts reclassified from AOCI	$ (1)			$ (12)			$ (1)	$ (37)

EARNINGS PER SHARE (Details)

EARNINGS PER SHARE (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended						9 Months Ended
	Sep. 30, 2024	Jun. 30, 2024	Mar. 31, 2024	Sep. 30, 2023	Jun. 30, 2023	Mar. 31, 2023	Sep. 30, 2024	Sep. 30, 2023
SHARE-BASED COMPENSATION
Net income	$ 13,305	$ 15,817	$ 12,945	$ 13,141	$ 14,475	$ 16,187	$ 42,067	$ 43,803
Weighted average shares outstanding - basic	27,064,035			27,042,762			27,054,737	27,022,141
Weighted average shares outstanding - diluted	27,194,625			27,079,484			27,137,985	27,081,541
Basic earnings per share (in dollars per share)	$ 0.49			$ 0.49			$ 1.55	$ 1.62
Diluted earnings per share (in dollars per share)	$ 0.49			$ 0.49			$ 1.55	$ 1.62
Antidilutive securities excluded from the dilutive share calculation (in shares)	0			23,830			62	24,281
Stock Option
SHARE-BASED COMPENSATION
Dilutive effect of share-based compensation arrangements	130,590			36,722			83,248	59,400

FAIR VALUE OF ASSETS AND LIABIL

FAIR VALUE OF ASSETS AND LIABILITIES (Narrative) (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023	Sep. 30, 2023	Dec. 31, 2022
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Loans, weighted average discount rate, percent	6.28%	6.86%
Time deposits, weighted average discount rate, percent	4.75%	5.48%
Long -term debt, weighted average discount rate, percent	6.15%	6.83%
Weighted average | Weighted-average discount rate | Interest rate swap agreements | Derivatives Not in Cash Flow Hedging Relationship | Derivative Financial Instruments Designated as Hedging Instruments
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Derivative, measurement input	0.0342	0.0334
Mortgage revenue bonds
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Aggregate fair value	$ 12,258	$ 13,590	$ 17,169	$ 13,254
Mortgage revenue bonds | Weighted average | Weighted-average discount rate
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Weighted average prepayment speed assumption	0.0572	0.0612
Mortgage revenue bonds | States and political subdivisions
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Aggregate fair value	$ 6,338	$ 6,436	6,363	6,584
Mortgage revenue bonds | Residential - Non-government agencies
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Aggregate fair value	$ 718	$ 714	$ 671	$ 684

FAIR VALUE OF FINANCIAL ASSET_3

FAIR VALUE OF FINANCIAL ASSETS AND FINANCIAL LIABILITIES (Carrying Amount and Estimated Fair Value of Financial Instruments) (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Financial assets:
Cash and due from financial institutions	$ 100,064	$ 116,181
Interest-bearing deposits in other financial institutions	226,505	406,256
Loans held for sale	1,609	1,778
Accrued interest receivable	23,942	21,511
Financial liabilities:
Noninterest-bearing demand	1,838,009	1,913,379
Time	1,153,299	1,395,291
Accrued interest payable	12,980	18,948
Commitments to Extend Credit
Financial liabilities:
Off-balance sheet financial instruments, Notional Amount	1,267,835	1,275,331
Standby letters of credit and financial guarantees written
Financial liabilities:
Off-balance sheet financial instruments, Notional Amount	2,807	3,301
Interest rate lock commitments
Financial liabilities:
Notional Amount	(1,585)	(1,807)
Risk participation agreements
Financial liabilities:
Notional Amount	(35,395)	(36,022)
Assets
Financial liabilities:
Notional Amount	(50,426)	(51,059)
Liabilities
Financial liabilities:
Notional Amount	(50,426)	(51,059)
Liabilities, fair value disclosure	(2,875)	(3,547)
Interest rate swap agreements
Financial liabilities:
Notional Amount	(115,545)	(115,545)
Quoted Prices in Active Markets for Identical Assets (Level 1)
Financial assets:
Cash and due from financial institutions	100,064	116,181
Interest-bearing deposits in other financial institutions	226,505	406,256
Investment securities	36,453	0
Loans held for sale	0	0
Net loans and leases	0	0
Accrued interest receivable	489	342
Financial liabilities:
Noninterest-bearing demand	1,838,009	1,913,379
Interest-bearing demand and savings deposits	3,591,705	3,538,922
Time	0	0
Long-term debt	0	0
Accrued interest payable	123	85
Quoted Prices in Active Markets for Identical Assets (Level 1) | Commitments to Extend Credit
Financial liabilities:
Off-balance sheet financial instruments	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Standby letters of credit and financial guarantees written
Financial liabilities:
Off-balance sheet financial instruments	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Interest rate lock commitments
Financial liabilities:
Liabilities, fair value disclosure	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Risk participation agreements
Financial liabilities:
Assets, fair value disclosure		0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Risk participation agreements | Recurring basis
Financial liabilities:
Assets, fair value disclosure	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Assets
Financial liabilities:
Assets, fair value disclosure	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Liabilities
Financial liabilities:
Liabilities, fair value disclosure	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Interest rate swap agreements
Financial liabilities:
Assets, fair value disclosure	0	0
Significant Other Observable Inputs (Level 2)
Financial assets:
Cash and due from financial institutions	0	0
Interest-bearing deposits in other financial institutions	0	0
Investment securities	1,226,934	1,205,238
Loans held for sale	1,609	1,778
Net loans and leases	0	0
Accrued interest receivable	4,054	4,043
Financial liabilities:
Noninterest-bearing demand	0	0
Interest-bearing demand and savings deposits	0	0
Time	0	0
Long-term debt	0	0
Accrued interest payable	0	0
Significant Other Observable Inputs (Level 2) | Commitments to Extend Credit
Financial liabilities:
Off-balance sheet financial instruments	1,244	1,210
Significant Other Observable Inputs (Level 2) | Standby letters of credit and financial guarantees written
Financial liabilities:
Off-balance sheet financial instruments	42	50
Significant Other Observable Inputs (Level 2) | Interest rate lock commitments
Financial liabilities:
Liabilities, fair value disclosure	(2)	(34)
Significant Other Observable Inputs (Level 2) | Risk participation agreements
Financial liabilities:
Assets, fair value disclosure		0
Significant Other Observable Inputs (Level 2) | Risk participation agreements | Recurring basis
Financial liabilities:
Assets, fair value disclosure	0
Significant Other Observable Inputs (Level 2) | Assets
Financial liabilities:
Assets, fair value disclosure	0	0
Significant Other Observable Inputs (Level 2) | Liabilities
Financial liabilities:
Liabilities, fair value disclosure	0	0
Significant Other Observable Inputs (Level 2) | Interest rate swap agreements
Financial liabilities:
Assets, fair value disclosure	0	0
Significant Unobservable Inputs (Level 3)
Financial assets:
Cash and due from financial institutions	0	0
Interest-bearing deposits in other financial institutions	0	0
Investment securities	7,056	7,150
Loans held for sale	0	0
Net loans and leases	5,023,606	5,089,292
Accrued interest receivable	19,399	17,126
Financial liabilities:
Noninterest-bearing demand	0	0
Interest-bearing demand and savings deposits	0	0
Time	1,146,531	1,385,473
Long-term debt	150,081	153,073
Accrued interest payable	12,857	18,863
Significant Unobservable Inputs (Level 3) | Commitments to Extend Credit
Financial liabilities:
Off-balance sheet financial instruments	0	0
Significant Unobservable Inputs (Level 3) | Standby letters of credit and financial guarantees written
Financial liabilities:
Off-balance sheet financial instruments	0	0
Significant Unobservable Inputs (Level 3) | Interest rate lock commitments
Financial liabilities:
Liabilities, fair value disclosure	0	0
Significant Unobservable Inputs (Level 3) | Risk participation agreements
Financial liabilities:
Assets, fair value disclosure		0
Significant Unobservable Inputs (Level 3) | Risk participation agreements | Recurring basis
Financial liabilities:
Assets, fair value disclosure	0
Significant Unobservable Inputs (Level 3) | Assets
Financial liabilities:
Assets, fair value disclosure	2,875	3,547
Significant Unobservable Inputs (Level 3) | Liabilities
Financial liabilities:
Liabilities, fair value disclosure	(2,875)	(3,547)
Significant Unobservable Inputs (Level 3) | Interest rate swap agreements
Financial liabilities:
Assets, fair value disclosure	5,202	6,440
Carrying Amount
Financial assets:
Cash and due from financial institutions	100,064	116,181
Interest-bearing deposits in other financial institutions	226,505	406,256
Investment securities	1,329,570	1,279,548
Loans held for sale	1,609	1,778
Net loans and leases	5,342,609	5,438,982
Accrued interest receivable	23,942	21,511
Financial liabilities:
Noninterest-bearing demand	1,838,009	1,913,379
Interest-bearing demand and savings deposits	3,591,705	3,538,922
Time	1,153,299	1,395,291
Long-term debt	156,284	156,102
Accrued interest payable	12,980	18,948
Carrying Amount | Commitments to Extend Credit
Financial liabilities:
Off-balance sheet financial instruments	0	0
Carrying Amount | Standby letters of credit and financial guarantees written
Financial liabilities:
Off-balance sheet financial instruments	0	0
Carrying Amount | Interest rate lock commitments
Financial liabilities:
Liabilities, fair value disclosure	(2)	(34)
Carrying Amount | Risk participation agreements
Financial liabilities:
Assets, fair value disclosure		0
Carrying Amount | Risk participation agreements | Recurring basis
Financial liabilities:
Assets, fair value disclosure	0
Carrying Amount | Assets
Financial liabilities:
Assets, fair value disclosure	2,875	3,547
Carrying Amount | Interest rate swap agreements
Financial liabilities:
Assets, fair value disclosure	5,202	6,440
Estimated Fair Value
Financial assets:
Cash and due from financial institutions	100,064	116,181
Interest-bearing deposits in other financial institutions	226,505	406,256
Investment securities	1,270,443	1,212,388
Loans held for sale	1,609	1,778
Net loans and leases	5,023,606	5,089,292
Accrued interest receivable	23,942	21,511
Financial liabilities:
Noninterest-bearing demand	1,838,009	1,913,379
Interest-bearing demand and savings deposits	3,591,705	3,538,922
Time	1,146,531	1,385,473
Long-term debt	150,081	153,073
Accrued interest payable	12,980	18,948
Estimated Fair Value | Commitments to Extend Credit
Financial liabilities:
Off-balance sheet financial instruments	1,244	1,210
Estimated Fair Value | Standby letters of credit and financial guarantees written
Financial liabilities:
Off-balance sheet financial instruments	42	50
Estimated Fair Value | Interest rate lock commitments
Financial liabilities:
Liabilities, fair value disclosure	(2)	(34)
Estimated Fair Value | Risk participation agreements
Financial liabilities:
Assets, fair value disclosure		0
Estimated Fair Value | Risk participation agreements | Recurring basis
Financial liabilities:
Assets, fair value disclosure	0
Estimated Fair Value | Assets
Financial liabilities:
Assets, fair value disclosure	2,875	3,547
Estimated Fair Value | Interest rate swap agreements
Financial liabilities:
Assets, fair value disclosure	$ 5,202	$ 6,440

FAIR VALUE OF FINANCIAL ASSET_4

FAIR VALUE OF FINANCIAL ASSETS AND FINANCIAL LIABILITIES (Assets and Liabilities Measured at Fair Value on a Recurring Basis) (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Assets and liabilities measured at fair value
Available-for-sale debt securities, at fair value	$ 723,453	$ 647,210
States and political subdivisions
Assets and liabilities measured at fair value
Available-for-sale debt securities, at fair value	123,181	126,635
Corporate securities
Assets and liabilities measured at fair value
Available-for-sale debt securities, at fair value	32,554	31,414
U.S. Treasury and other government-sponsored entities and agencies
Assets and liabilities measured at fair value
Available-for-sale debt securities, at fair value	59,230	26,197
Residential - U.S. government-sponsored entities and agencies
Assets and liabilities measured at fair value
Available-for-sale debt securities, at fair value	386,296	378,386
Residential - Non-government agencies
Assets and liabilities measured at fair value
Available-for-sale debt securities, at fair value	17,834	18,708
Commercial - U.S. government-sponsored entities and agencies
Assets and liabilities measured at fair value
Available-for-sale debt securities, at fair value	89,029	50,914
Commercial - Non-government agencies
Assets and liabilities measured at fair value
Available-for-sale debt securities, at fair value	15,329	14,956
Recurring basis
Assets and liabilities measured at fair value
Available-for-sale debt securities, at fair value	723,453	647,210
Derivatives	5,200	6,406
Total	728,653	653,616
Recurring basis | Interest rate lock commitments
Assets and liabilities measured at fair value
Derivatives	(2)	(34)
Recurring basis | Interest rate swap agreements
Assets and liabilities measured at fair value
Derivatives	5,202	6,440
Recurring basis | States and political subdivisions
Assets and liabilities measured at fair value
Available-for-sale debt securities, at fair value	123,181	126,635
Recurring basis | Corporate securities
Assets and liabilities measured at fair value
Available-for-sale debt securities, at fair value	32,554	31,414
Recurring basis | U.S. Treasury and other government-sponsored entities and agencies
Assets and liabilities measured at fair value
Available-for-sale debt securities, at fair value	59,230	26,197
Recurring basis | Residential - U.S. government-sponsored entities and agencies
Assets and liabilities measured at fair value
Available-for-sale debt securities, at fair value	386,296	378,386
Recurring basis | Residential - Non-government agencies
Assets and liabilities measured at fair value
Available-for-sale debt securities, at fair value	17,834	50,914
Recurring basis | Commercial - U.S. government-sponsored entities and agencies
Assets and liabilities measured at fair value
Available-for-sale debt securities, at fair value	89,029	18,708
Recurring basis | Commercial - Non-government agencies
Assets and liabilities measured at fair value
Available-for-sale debt securities, at fair value	15,329	14,956
Quoted Prices in Active Markets for Identical Assets (Level 1) | Recurring basis
Assets and liabilities measured at fair value
Available-for-sale debt securities, at fair value	36,453	0
Derivatives	0	0
Total	36,453	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Recurring basis | Interest rate lock commitments
Assets and liabilities measured at fair value
Derivatives	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Recurring basis | Interest rate swap agreements
Assets and liabilities measured at fair value
Derivatives	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Recurring basis | States and political subdivisions
Assets and liabilities measured at fair value
Available-for-sale debt securities, at fair value	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Recurring basis | Corporate securities
Assets and liabilities measured at fair value
Available-for-sale debt securities, at fair value	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Recurring basis | U.S. Treasury and other government-sponsored entities and agencies
Assets and liabilities measured at fair value
Available-for-sale debt securities, at fair value	36,453	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Recurring basis | Residential - U.S. government-sponsored entities and agencies
Assets and liabilities measured at fair value
Available-for-sale debt securities, at fair value	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Recurring basis | Residential - Non-government agencies
Assets and liabilities measured at fair value
Available-for-sale debt securities, at fair value	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Recurring basis | Commercial - U.S. government-sponsored entities and agencies
Assets and liabilities measured at fair value
Available-for-sale debt securities, at fair value	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Recurring basis | Commercial - Non-government agencies
Assets and liabilities measured at fair value
Available-for-sale debt securities, at fair value	0	0
Significant Other Observable Inputs (Level 2) | Recurring basis
Assets and liabilities measured at fair value
Available-for-sale debt securities, at fair value	679,944	640,060
Derivatives	(2)	(34)
Total	679,942	640,026
Significant Other Observable Inputs (Level 2) | Recurring basis | Interest rate lock commitments
Assets and liabilities measured at fair value
Derivatives	(2)	(34)
Significant Other Observable Inputs (Level 2) | Recurring basis | Interest rate swap agreements
Assets and liabilities measured at fair value
Derivatives	0	0
Significant Other Observable Inputs (Level 2) | Recurring basis | States and political subdivisions
Assets and liabilities measured at fair value
Available-for-sale debt securities, at fair value	116,843	120,199
Significant Other Observable Inputs (Level 2) | Recurring basis | Corporate securities
Assets and liabilities measured at fair value
Available-for-sale debt securities, at fair value	32,554	31,414
Significant Other Observable Inputs (Level 2) | Recurring basis | U.S. Treasury and other government-sponsored entities and agencies
Assets and liabilities measured at fair value
Available-for-sale debt securities, at fair value	22,777	26,197
Significant Other Observable Inputs (Level 2) | Recurring basis | Residential - U.S. government-sponsored entities and agencies
Assets and liabilities measured at fair value
Available-for-sale debt securities, at fair value	386,296	378,386
Significant Other Observable Inputs (Level 2) | Recurring basis | Residential - Non-government agencies
Assets and liabilities measured at fair value
Available-for-sale debt securities, at fair value	17,116	50,914
Significant Other Observable Inputs (Level 2) | Recurring basis | Commercial - U.S. government-sponsored entities and agencies
Assets and liabilities measured at fair value
Available-for-sale debt securities, at fair value	89,029	17,994
Significant Other Observable Inputs (Level 2) | Recurring basis | Commercial - Non-government agencies
Assets and liabilities measured at fair value
Available-for-sale debt securities, at fair value	15,329	14,956
Significant Unobservable Inputs (Level 3) | Recurring basis
Assets and liabilities measured at fair value
Available-for-sale debt securities, at fair value	7,056	7,150
Derivatives	5,202	6,440
Total	12,258	13,590
Significant Unobservable Inputs (Level 3) | Recurring basis | Interest rate lock commitments
Assets and liabilities measured at fair value
Derivatives	0	0
Significant Unobservable Inputs (Level 3) | Recurring basis | Interest rate swap agreements
Assets and liabilities measured at fair value
Derivatives	5,202	6,440
Significant Unobservable Inputs (Level 3) | Recurring basis | States and political subdivisions
Assets and liabilities measured at fair value
Available-for-sale debt securities, at fair value	6,338	6,436
Significant Unobservable Inputs (Level 3) | Recurring basis | Corporate securities
Assets and liabilities measured at fair value
Available-for-sale debt securities, at fair value	0	0
Significant Unobservable Inputs (Level 3) | Recurring basis | U.S. Treasury and other government-sponsored entities and agencies
Assets and liabilities measured at fair value
Available-for-sale debt securities, at fair value	0	0
Significant Unobservable Inputs (Level 3) | Recurring basis | Residential - U.S. government-sponsored entities and agencies
Assets and liabilities measured at fair value
Available-for-sale debt securities, at fair value	0	0
Significant Unobservable Inputs (Level 3) | Recurring basis | Residential - Non-government agencies
Assets and liabilities measured at fair value
Available-for-sale debt securities, at fair value	718	0
Significant Unobservable Inputs (Level 3) | Recurring basis | Commercial - U.S. government-sponsored entities and agencies
Assets and liabilities measured at fair value
Available-for-sale debt securities, at fair value	0	714
Significant Unobservable Inputs (Level 3) | Recurring basis | Commercial - Non-government agencies
Assets and liabilities measured at fair value
Available-for-sale debt securities, at fair value	$ 0	$ 0

FAIR VALUE OF FINANCIAL ASSET_5

FAIR VALUE OF FINANCIAL ASSETS AND FINANCIAL LIABILITIES (Level 3 Assets and Liabilities) (Details) - Mortgage revenue bonds - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Changes in Level 3 assets and liabilities measured at fair value on a recurring basis
Aggregate fair value / Balance at the beginning of the period	$ 13,590	$ 13,254
Principal payments received	(181)	(189)
Unrealized net gain (loss) included in other comprehensive income	(1,151)	4,104
Aggregate fair value / Balance at the end of the period	12,258	17,169
States and political subdivisions
Changes in Level 3 assets and liabilities measured at fair value on a recurring basis
Aggregate fair value / Balance at the beginning of the period	6,436	6,584
Principal payments received	(163)	(172)
Unrealized net gain (loss) included in other comprehensive income	65	(49)
Aggregate fair value / Balance at the end of the period	6,338	6,363
Residential - Non-government agencies
Changes in Level 3 assets and liabilities measured at fair value on a recurring basis
Aggregate fair value / Balance at the beginning of the period	714	684
Principal payments received	(18)	(17)
Unrealized net gain (loss) included in other comprehensive income	22	4
Aggregate fair value / Balance at the end of the period	718	671
Interest rate swap agreements
Changes in Level 3 assets and liabilities measured at fair value on a recurring basis
Aggregate fair value / Balance at the beginning of the period	6,440	5,986
Principal payments received	0	0
Unrealized net gain (loss) included in other comprehensive income	(1,238)	4,149
Aggregate fair value / Balance at the end of the period	$ 5,202	$ 10,135