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BORROWINGS (Tables) | 12 Months Ended
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Dec. 31, 2021
Debt Disclosure [Abstract] |
Schedule of Federal Home Loan Bank Borrowings | Advances payable to the Federal Home Loan Bank at December 31, 2021 and 2020 were as follows:
|  | 2021 |  | 2020
|  |  |  | Weighted |  |  |  | Weighted
|  |  |  | Average |  |  |  | Average
|  | Total |  | Contractual |  | Total |  | Contractual
|  | Outstanding |  | Rate |  | Outstanding |  | Rate
|  | (Dollars in thousands)
Stated Maturity |  |  |  |  |  |  |  |
2021 |  | $ | — |  |  | — | % |  | $ | 35,042 |  |  | 1.12 | %
2022 |  | 25,000 |  |  | 0.34 | % |  | — |  |  | — | %
Subtotal |  | 25,000 |  |  | 0.34 | % |  | 35,042 |  |  | 1.12 | %
Amortizing advances |  | 667 |  |  |  |  | 698 |  |  |
Total Federal Home Loan Bank Advances |  | $ | 25,667 |  |  |  |  | $ | 35,740 |  |  |
Schedule of Long-term Borrowings | The following table summarizes long-term debt, net of debt issuances costs, at the dates indicated:
| December 31
| 2021 |  | 2020
| (Dollars in thousands)
Long term borrowings, net | $ | 14,063 |  |  | $ | 32,773 |
Junior subordinated debentures |  |  |
Capital Trust V | 51,512 |  |  | 51,510 |
Central Trust I | 5,258 |  |  | 5,258 |
Central Trust II | 6,083 |  |  | 6,083 |
Subordinated debentures | 49,791 |  |  | 49,696 |
Total long-term debt | $ | 126,707 |  |  | $ | 145,320 |
Information relating to Trust Preferred Securities [Table Text Block] | Information relating to these trust preferred securities is as follows:
Trust | Description of Capital Securities
Capital Trust V | $50.0 million due in 2037, interest at a variable rate of 3 month LIBOR plus 1.48% (1.70% at December 31, 2021).
Central Trust I | $5.1 million due in 2034, bearing interest at a variable rate of 3 month LIBOR plus 2.44% (2.66% at December 31, 2021). These securities are callable quarterly, until maturity.
Central Trust II | $5.9 million due in 2037, bearing interest at a variable rate of 3 month LIBOR plus 1.65% (1.87% at December 31, 2021). These securities are callable quarterly, until maturity.
Schedule of Maturities of Borrowings | The following table sets forth the contractual maturities of long-term debt over the next five years:
|  | 2022 |  | 2023 |  | 2024 |  | 2025 |  | 2026 |  | Thereafter |  | Total
|  | (Dollars in thousands)
Long term borrowings |  | $ | 14,063 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 14,063 |
Junior subordinated debentures |  |  |  |  |  |  |  |  |  |  |  |  |  |
Capital trust V |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 51,547 |  |  | 51,547 |
Central trust I |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 5,258 |  |  | 5,258 |
Central trust II |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 6,083 |  |  | 6,083 |
Subordinated debentures |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 50,000 |  |  | 50,000 |
Total (1) |  | $ | 14,063 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 112,888 |  |  | $ | 126,951 |
(1)Amounts in this table are presented on a gross basis, and do not include the capitalized issuance costs as presented in the Company's Consolidated Balance Sheet.

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