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Subordinated Debentures and Notes (Tables)
 12 Months Ended
Dec. 31, 2024
Subordinated Borrowings [Abstract]  
Schedule of Subordinated Debentures
The following table summarizes the Company’s subordinated debentures at December 31:
AmountMaturity Date
Initial Call Date (1)
Interest Rate
($ in thousands)20242023
EFSC Clayco Statutory Trust I$3,196 $3,196 December 17, 2033December 17, 2008
Floats @ 3 month term SOFR + 3.11%
EFSC Capital Trust II5,155 5,155 June 17, 2034June 17, 2009
Floats @ 3 month term SOFR + 2.91%
EFSC Statutory Trust III11,341 11,341 December 15, 2034December 15, 2009
Floats @ 3 month term SOFR + 2.23%
EFSC Clayco Statutory Trust II4,124 4,124 September 15, 2035September 15, 2010
Floats @ 3 month term SOFR + 2.09%
EFSC Statutory Trust IV10,310 10,310 December 15, 2035December 15, 2010
Floats @ 3 month term SOFR + 1.70%
EFSC Statutory Trust V4,124 4,124 September 15, 2036September 15, 2011
Floats @ 3 month term SOFR + 1.86%
EFSC Capital Trust VI14,433 14,433 March 30, 2037March 30, 2012
Floats @ 3 month term SOFR + 1.86%
EFSC Capital Trust VII4,124 4,124 December 15, 2037December 15, 2012
Floats @ 3 month term SOFR + 2.51%
JEFFCO Stat Trust I 7,732 7,732 February 22, 2031February 22, 2011
Fixed @ 10.20%
JEFFCO Stat Trust II (2)
4,658 4,604 March 17, 2034March 17, 2009
Floats @ 3 month term SOFR + 3.01%
Trinity Capital Trust III (2)
5,539 5,473 September 8, 2034September 8, 2009
Floats @ 3 month term SOFR + 2.96%
Trinity Capital Trust IV 10,310 10,310 November 23, 2035August 23, 2010
Fixed @ 6.88%
Trinity Capital Trust V (2)
8,358 8,195 December 15, 2036September 15, 2011
Floats @ 3 month term SOFR + 1.91%
Total junior subordinated debentures93,404 93,121 
5.75% Fixed-to-floating rate subordinated notes
63,250 63,250 June 1, 2030June 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 notes63,147 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.