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Borrowings (Tables) | 12 Months Ended
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Dec. 31, 2020
Debt Disclosure [Abstract] |
Schedule of Short-term Debt | Short-term borrowings at December 31, 2020 and 2019 are as follows:
(Dollars in thousands) | 2020 |  | 2019
Securities sold under customer repurchase agreements | $ | 641,487 |  |  | $ | 442,956 |
Notes payable to FHLB of Atlanta | — |  |  | 255,000 |
Other short-term debt | — |  |  | 40,277 |
Total short-term borrowings | $ | 641,487 |  |  | $ | 738,233 |
Schedule of Long-term Debt Instruments | Long-term borrowings at December 31, 2020 and 2019 include:
(Dollars in thousands) | 2020 |  | 2019
Fixed-to-Floating subordinated notes at 3.375% maturing March 15, 2030 | $ | 350,000 |  |  | $ | — |
Junior subordinated debenture at 3-month LIBOR plus 1.75% maturing June 30, 2036 | 88,145 |  |  | 88,145 |
Junior subordinated debenture at 3-month LIBOR plus 2.25% maturing June 15, 2034 | 19,588 |  |  | 19,588 |
Junior subordinated debenture at 3-month LIBOR plus 2.85% maturing April 7, 2034 | 10,310 |  |  | 10,310 |
Junior subordinated debentures at 3-month LIBOR plus 2.80% maturing March 30, 2034 | 14,433 |  |  | 14,433 |
Junior subordinated debentures at 7.00% maturing December 31, 2026(1) | 20,000 |  |  | 20,000 |
Junior subordinated debentures at 6.50% maturing October 1, 2025(2) | 7,500 |  |  | 7,500 |
Junior subordinated debentures at 7.13% called February 25, 2020(2) | — |  |  | 5,000 |
Notes payable to FHLBs of Atlanta and Chicago with rates ranging from 0.75% to 2.99% and maturing through March 2032 | 655,175 |  |  | 317,191 |
Unsecured term loan at 1-month LIBOR plus 1.10% maturing September 5, 2022 | 82,125 |  |  | 96,425 |
Obligations under capitalized leases extending to December 2050 | 6,308 |  |  | 8,230 |
Unamortized issuance costs | (3,459) |  |  | — |
Unamortized purchase accounting adjustments(3) | (1,999) |  |  | (1,569) |
Other long-term debt | 37 |  |  | 3,385 |
Total long-term obligations | $ | 1,248,163 |  |  | $ | 588,638 |
(1) Assumed in HomeBancorp acquisition. (2) Assumed in Biscayne BancShares acquisition. (3) At December 31, 2020, unamortized purchase accounting adjustments were $2.0 million for subordinated debentures. At December 31, 2019, unamortized purchase accounting adjustments were $1.6 million for subordinated debentures and $6 thousand for FHLB advances.
Schedule of Maturities of Long-term Debt | Long-term borrowings maturing in each of the five years subsequent to December 31, 2020 and thereafter include:
(Dollars in thousands) | Year ended December 31
2021 | $ | 10,000 |
2022 | 98,709 |
2023 | 125,500 |
2024 | 6,144 |
2025 | 7,500 |
Thereafter | 1,000,310 |
Total long-term borrowings | $ | 1,248,163 |

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