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OTHER BORROWINGS (Tables) | 6 Months Ended
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Jun. 30, 2023
Debt Disclosure [Abstract] |
Schedule of Other Borrowings | Other borrowings consist of the following:
(dollars in thousands) | June 30, 2023 |  | December 31, 2022
FHLB borrowings: |  |  |
Fixed Rate Advance due January 9, 2023; fixed interest rate of 4.150% | $ | — |  |  | $ | 300,000 |
Fixed Rate Advance due January 9, 2023; fixed interest rate of 4.110% | — |  |  | 50,000 |
Fixed Rate Advance due January 12, 2023; fixed interest rate of 4.140% | — |  |  | 50,000 |
Fixed Rate Advance due January 13, 2023; fixed interest rate of 4.150% | — |  |  | 50,000 |
Fixed Rate Advance due January 17, 2023; fixed interest rate of 4.170% | — |  |  | 350,000 |
Fixed Rate Advance due January 17, 2023; fixed interest rate of 4.250% | — |  |  | 150,000 |
Fixed Rate Advance due January 18, 2023; fixed interest rate of 4.260% | — |  |  | 200,000 |
Fixed Rate Advance due January 19, 2023; fixed interest rate of 4.230% | — |  |  | 50,000 |
Fixed Rate Advance due January 20, 2023; fixed interest rate of 4.220% | — |  |  | 150,000 |
Fixed Rate Advance due January 27, 2023; fixed interest rate of 4.230% | — |  |  | 100,000 |
Fixed Rate Advance due July 19, 2023; fixed interest rate of 5.210% | 500,000 |  |  | — |
Fixed Rate Advance due July 20, 2023; fixed interest rate of 5.210% | 100,000 |  |  | — |
Fixed Rate Advance due July 21, 2023; fixed interest rate of 5.200% | 100,000 |  |  | — |
Fixed Rate Advance due July 24, 2023; fixed interest rate of 5.200% | 175,000 |  |  | — |
Fixed Rate Advance due July 31, 2023; fixed interest rate of 5.240% | 200,000 |  |  | — |
Daily Rate Credit due December 5, 2023, fixed interest rate of 5.320% | 100,000 |  |  | — |
Fixed Rate Advance due March 3, 2025; fixed interest rate of 1.208% | 15,000 |  |  | 15,000 |
Fixed Rate Advance due March 2, 2027; fixed interest rate of 1.445% | 15,000 |  |  | 15,000 |
Fixed Rate Advance due March 4, 2030; fixed interest rate of 1.606% | 15,000 |  |  | 15,000 |
Fixed Rate Advance due December 9, 2030; fixed interest rate of 4.55% | 1,383 |  |  | 1,389 |
Fixed Rate Advance due December 9, 2030; fixed interest rate of 4.55% | 958 |  |  | 961 |
Principal Reducing Advance due September 29, 2031; fixed interest rate of 3.095% | 1,202 |  |  | 1,275 |
Subordinated notes payable: |  |  |
Subordinated notes payable due March 15, 2027 net of unamortized debt issuance cost of $0 and $551, respectively; fixed interest rate of 5.75% through March 14, 2022; variable interest rate thereafter at three-month LIBOR plus 3.616% | — |  |  | 74,449 |
Subordinated notes payable due December 15, 2029 net of unamortized debt issuance cost of $1,436 and $1,680, respectively; fixed interest rate of 4.25% through December 14, 2024; variable interest rate thereafter at three-month SOFR plus 2.94% | 109,064 |  |  | 118,320 |
Subordinated notes payable due May 31, 2030 net of unaccreted purchase accounting fair value adjustment of $845 and $906, respectively; fixed interest rate of 5.875% through May 31, 2025; variable interest rate thereafter at three-month LIBOR plus 3.63% | 75,845 |  |  | 75,906 |
Subordinated notes payable due October 1, 2030 net of unamortized debt issuance cost of $1,463 and $1,564, respectively; fixed interest rate of 3.875% through September 30, 2025; variable interest rate thereafter at three-month SOFR plus 3.753% | 108,537 |  |  | 108,436 |
Other Debt: |  |  |
Advance from correspondent bank due November 28, 2024; secured by a loan receivable; variable interest rate at one-month SOFR plus 2.50% | 10,000 |  |  | — |
Advance from correspondent bank due December 1, 2025; secured by a loan receivable; variable interest rate at one-month SOFR plus 2.65% | 10,000 |  |  | — |
| $ | 1,536,989 |  |  | $ | 1,875,736 |

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- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
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