| Schedule of carrying amount and estimated fair values of financial instruments |
| | | | | | | | | | | | | | | | | | December 31, 2021 | | | Carrying | | Fair | | | | | | | | | | | | Amount | | Value | | Level 1 | | Level 2 | | Level 3 | Financial assets: | | | | | | | | | | | | | | | | Cash and due from banks | | $ | 38,565 | | $ | 38,565 | | $ | 38,565 | | $ | - | | $ | - | Interest earning deposits with financial institutions | | | 713,542 | | | 713,542 | | | 713,542 | | | - | | | - | Securities available-for-sale | | | 1,692,488 | | | 1,692,488 | | | 202,339 | | | 1,476,057 | | | 14,092 | FHLBC and FRBC stock | | | 13,257 | | | 13,257 | | | - | | | 13,257 | | | - | Loans held-for-sale | | | 4,737 | | | 4,737 | | | - | | | 4,737 | | | - | Net loans | | | 3,377,667 | | | 3,408,199 | | | - | | | - | | | 3,408,199 | Mortgage servicing rights | | | 7,097 | | | 7,097 | | | - | | | - | | | 7,097 | Interest rate swap agreements | | | 3,494 | | | 3,494 | | | - | | | 3,494 | | | - | Interest rate lock commitments and forward contracts | | | 508 | | | 508 | | | - | | | 508 | | | - | Interest receivable on securities and loans | | | 13,431 | | | 13,431 | | | - | | | 13,431 | | | - | | | | | | | | | | | | | | | | | Financial liabilities: | | | | | | | | | | | | | | | | Noninterest bearing deposits | | $ | 1,428,055 | | $ | 1,428,055 | | $ | 1,428,055 | | $ | - | | $ | - | Interest bearing deposits | | | 4,038,177 | | | 4,041,369 | | | - | | | 4,041,369 | | | - | Securities sold under repurchase agreements | | | 50,377 | | | 50,377 | | | - | | | 50,377 | | | - | Junior subordinated debentures | | | 25,773 | | | 18,557 | | | - | | | 18,557 | | | - | Subordinated debentures | | | 59,212 | | | 60,111 | | | | | | 60,111 | | | | Senior notes | | | 44,480 | | | 44,480 | | | 44,480 | | | - | | | - | Note payable and other borrowings | | | 19,074 | | | 19,411 | | | - | | | 19,411 | | | - | Interest rate swap agreements | | | 6,788 | | | 6,788 | | | - | | | 6,788 | | | - | Interest payable on deposits and borrowings | | | 1,706 | | | 1,706 | | | - | | | 1,706 | | | - | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | December 31, 2020 | | | Carrying | | Fair | | | | | | | | | Amount | | Value | | Level 1 | | Level 2 | | Level 3 | Financial assets: | | | | | | | | | | | | | | | | Cash and due from banks | | $ | 24,306 | | $ | 24,306 | | $ | 24,306 | | $ | - | | $ | - | Interest earning deposits with financial institutions | | | 305,597 | | | 305,597 | | | 305,597 | | | - | | | - | Securities available-for-sale | | | 496,178 | | | 496,178 | | | 4,117 | | | 487,742 | | | 4,319 | FHLBC and FRBC stock | | | 9,917 | | | 9,917 | | | - | | | 9,917 | | | - | Loans held-for-sale | | | 12,611 | | | 12,611 | | | - | | | 12,611 | | | - | Net loans | | | 2,000,996 | | | 2,009,773 | | | - | | | - | | | 2,009,773 | Mortgage servicing rights | | | 4,224 | | | 4,224 | | | - | | | - | | | 4,224 | Interest rate swap agreements | | | 9,388 | | | 9,388 | | | - | | | 9,388 | | | - | Interest rate lock commitments and forward contracts | | | 840 | | | 840 | | | - | | | 840 | | | - | Interest receivable on securities and loans | | | 9,698 | | | 9,698 | | | - | | | 9,698 | | | - | | | | | | | | | | | | | | | | | Financial liabilities: | | | | | | | | | | | | | | | | Noninterest bearing deposits | | $ | 909,505 | | $ | 909,505 | | $ | 909,505 | | $ | - | | $ | - | Interest bearing deposits | | | 1,627,568 | | | 1,630,109 | | | - | | | 1,630,109 | | | - | Securities sold under repurchase agreements | | | 66,980 | | | 66,980 | | | - | | | 66,980 | | | - | Junior subordinated debentures | | | 25,773 | | | 14,658 | | | - | | | 14,658 | | | - | Senior notes | | | 44,375 | | | 44,600 | | | 44,600 | | | - | | | - | Note payable and other borrowings | | | 23,393 | | | 24,043 | | | - | | | 24,043 | | | - | Interest rate swap agreements | | | 13,071 | | | 13,071 | | | - | | | 13,071 | | | - | Interest payable on deposits and borrowings | | | 418 | | | 418 | | | - | | | 418 | | | - | | | | | | | | | | | | | | | | |
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