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Subordinated Debentures and Notes (Tables) | 12 Months Ended
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Dec. 31, 2024
Subordinated Borrowings [Abstract] |
Schedule of Subordinated Debentures | The following table summarizes the Company’s subordinated debentures at December 31:
| Amount |  | Maturity Date |  | Initial Call Date (1) |  | Interest Rate
($ in thousands) | 2024 |  | 2023
EFSC Clayco Statutory Trust I | $ | 3,196 |  |  | $ | 3,196 |  |  | December 17, 2033 |  | December 17, 2008 |  | Floats @ 3 month term SOFR + 3.11%
EFSC Capital Trust II | 5,155 |  |  | 5,155 |  |  | June 17, 2034 |  | June 17, 2009 |  | Floats @ 3 month term SOFR + 2.91%
EFSC Statutory Trust III | 11,341 |  |  | 11,341 |  |  | December 15, 2034 |  | December 15, 2009 |  | Floats @ 3 month term SOFR + 2.23%
EFSC Clayco Statutory Trust II | 4,124 |  |  | 4,124 |  |  | September 15, 2035 |  | September 15, 2010 |  | Floats @ 3 month term SOFR + 2.09%
EFSC Statutory Trust IV | 10,310 |  |  | 10,310 |  |  | December 15, 2035 |  | December 15, 2010 |  | Floats @ 3 month term SOFR + 1.70%
EFSC Statutory Trust V | 4,124 |  |  | 4,124 |  |  | September 15, 2036 |  | September 15, 2011 |  | Floats @ 3 month term SOFR + 1.86%
EFSC Capital Trust VI | 14,433 |  |  | 14,433 |  |  | March 30, 2037 |  | March 30, 2012 |  | Floats @ 3 month term SOFR + 1.86%
EFSC Capital Trust VII | 4,124 |  |  | 4,124 |  |  | December 15, 2037 |  | December 15, 2012 |  | Floats @ 3 month term SOFR + 2.51%
JEFFCO Stat Trust I | 7,732 |  |  | 7,732 |  |  | February 22, 2031 |  | February 22, 2011 |  | Fixed @ 10.20%
JEFFCO Stat Trust II (2) | 4,658 |  |  | 4,604 |  |  | March 17, 2034 |  | March 17, 2009 |  | Floats @ 3 month term SOFR + 3.01%
Trinity Capital Trust III (2) | 5,539 |  |  | 5,473 |  |  | September 8, 2034 |  | September 8, 2009 |  | Floats @ 3 month term SOFR + 2.96%
Trinity Capital Trust IV | 10,310 |  |  | 10,310 |  |  | November 23, 2035 |  | August 23, 2010 |  | Fixed @ 6.88%
Trinity Capital Trust V (2) | 8,358 |  |  | 8,195 |  |  | December 15, 2036 |  | September 15, 2011 |  | Floats @ 3 month term SOFR + 1.91%
Total junior subordinated debentures | 93,404 |  |  | 93,121 |  |  |  |  |  |  |
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%
Debt issuance costs | (103) |  |  | (387) |  |  |  |  |  |  |
Total fixed-to-floating rate subordinated notes | 63,147 |  |  | 62,863 |  |  |  |  |  |  |
Total subordinated debentures and notes | $ | 156,551 |  |  | $ | 155,984 |  |  |  |  |  |  |
(1) Callable each quarter after initial call date. |  |
(2) Purchase accounting adjustments are reflected in the balance and also impact the effective interest rate.

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- 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 -Topic 942 -SubTopic 470 -Name Accounting Standards Codification -Section 45 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480876/942-470-45-1 + Details
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