XML 59 R43.htm IDEA: XBRL DOCUMENT
v3.22.0.1

Subordinated Debentures (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2021
Subordinated Borrowings [Abstract] |
Schedule of Subordinated Debentures | The amounts and terms of each issuance of the Company’s subordinated debentures at December 31, 2021 and 2020 were as follows:
| Amount |  | Maturity Date |  | Initial Call Date (1) |  | Interest Rate
($ in thousands) | 2021 |  | 2020
EFSC Clayco Statutory Trust I | $ | 3,196 |  |  | $ | 3,196 |  |  | December 17, 2033 |  | December 17, 2008 |  | Floats @ 3MO LIBOR + 2.85%
EFSC Capital Trust II | 5,155 |  |  | 5,155 |  |  | June 17, 2034 |  | June 17, 2009 |  | Floats @ 3MO LIBOR + 2.65%
EFSC Statutory Trust III | 11,341 |  |  | 11,341 |  |  | December 15, 2034 |  | December 15, 2009 |  | Floats @ 3MO LIBOR + 1.97%
EFSC Clayco Statutory Trust II | 4,124 |  |  | 4,124 |  |  | September 15, 2035 |  | September 15, 2010 |  | Floats @ 3MO LIBOR + 1.83%
EFSC Statutory Trust IV | 10,310 |  |  | 10,310 |  |  | December 15, 2035 |  | December 15, 2010 |  | Floats @ 3MO LIBOR + 1.44%
EFSC Statutory Trust V | 4,124 |  |  | 4,124 |  |  | September 15, 2036 |  | September 15, 2011 |  | Floats @ 3MO LIBOR + 1.60%
EFSC Capital Trust VI | 14,433 |  |  | 14,433 |  |  | March 30, 2037 |  | March 30, 2012 |  | Floats @ 3MO LIBOR + 1.60%
EFSC Capital Trust VII | 4,124 |  |  | 4,124 |  |  | December 15, 2037 |  | December 15, 2012 |  | Floats @ 3MO LIBOR + 2.25%
JEFFCO Stat Trust I (2) | 7,732 |  |  | 7,752 |  |  | February 22, 2031 |  | February 22, 2011 |  | Fixed @ 10.20%
JEFFCO Stat Trust II (2) | 4,496 |  |  | 4,443 |  |  | March 17, 2034 |  | March 17, 2009 |  | Floats @ 3MO LIBOR + 2.75%
Trinity Capital Trust III (2) | 5,339 |  |  | 5,272 |  |  | September 8, 2034 |  | September 8, 2009 |  | Floats @ 3MO LIBOR + 2.70%
Trinity Capital Trust IV | 10,310 |  |  | 10,310 |  |  | November 23, 2035 |  | August 23, 2010 |  | Fixed @ 6.88%
Trinity Capital Trust V (2) | 7,869 |  |  | 7,706 |  |  | December 15, 2036 |  | September 15, 2011 |  | Floats @ 3MO LIBOR + 1.65%
Total junior subordinated debentures | 92,553 |  |  | 92,290 |  |  |  |  |  |  |
5.75% Fixed-to-floating rate subordinated notes | 63,250 |  |  | 63,250 |  |  | June 1, 2030 |  | June 1, 2025 |  | Fixed @ 5.75% until June 1, 2025, then floats @ Benchmark rate (3 month term SOFR) + 5.66%
4.75% Fixed-to-floating rate subordinated notes | — |  |  | 50,000 |  |  | November 1, 2026 |  | November 1, 2021 |  | Fixed @ 4.75% until November 1, 2021, then floats @ 3MO LIBOR + 3.387%
Debt issuance costs | (904) |  |  | (1,903) |  |  |  |  |  |  |
Total fixed-to-floating rate subordinated notes | 62,346 |  |  | 111,347 |  |  |  |  |  |  |
Total subordinated debentures and notes | $ | 154,899 |  |  | $ | 203,637 |  |  |  |  |  |  |
(1) Callable each quarter after initial call date. |  |
(2) Purchase accounting adjustments are reflected in the balance and also impact the effective interest rate.

X
- Definition Tabular disclosure of borrowings under subordinated debt agreements that qualify as available in computing net capital under SEC uniform net capital rules for broker-dealers, including restrictive covenants, collateral, interest rates and due dates, amounts due by date and amount owed in total. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 470 -Section 45 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6479118&loc=d3e64650-112822 + Details
Name: | us-gaap_ScheduleOfSubordinatedBorrowingTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SubordinatedBorrowingsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration