XML 40 R30.htm IDEA: XBRL DOCUMENT
v3.22.1

Borrowings (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2022
Borrowings |
Schedule of distribution of securities sold under agreements to repurchase and short-term borrowings and weighted average interest rates | Securities sold under agreements to repurchase were as follows (dollars in thousands): ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | As of | ​
​ | ​ | March 31, | ​ | December 31, | ​
​ |  | 2022 |  | 2021 |
Securities sold under agreements to repurchase | ​ | $ | 255,668 | ​ | $ | 270,139 | ​
Weighted average rate for securities sold under agreements to repurchase | ​ | ​ | 0.15 | % | ​ | 0.08 | %
Summary of long-term debt | Short-term borrowings are summarized as follows (dollars in thousands): ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | As of
​ | ​ | March 31, | ​ | December 31,
​ |  | 2022 |  | 2021
Short-term borrowings | ​ | ​ | ​ | ​ | ​ | ​
FHLB advances maturing in less than one year from date of origination, and the current portion of long-term FHLB advances due within 12 months | ​ | $ | 5,683 | ​ | $ | 5,678
Term Loan, current portion due within 12 months | ​ | ​ | 12,000 | ​ | ​ | 12,000
Total short-term debt | ​ | $ | 17,683 | ​ | $ | 17,678
Long-term debt is summarized as follows (dollars in thousands): ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | As of
​ | ​ | March 31, | ​ | December 31,
​ |  | 2022 |  | 2021
Long-term debt | ​ | ​ | ​ | ​ | ​ | ​
Notes payable, FHLB, original maturity of 5 years, collateralized by FHLB deposits, residential and commercial real estate loans and FHLB stock | ​ | $ | 3,881 | ​ | $ | 4,056
Term Loan | ​ | ​ | 39,000 | ​ | ​ | 42,000
Total long-term debt | ​ | $ | 42,881 | ​ | $ | 46,056
Schedule of unamortized debt issuance cost | Unamortized debt issuance costs related to senior notes and subordinated notes are presented in the following table (dollars in thousands): ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | As of
​ | ​ | March 31, | ​ | December 31,
​ |  | 2022 |  | 2021
Unamortized debt issuance costs | ​ | ​ | ​ | ​ | ​ | ​
Senior notes issued in 2017 | ​ | $ | 22 | ​ | $ | 56
Subordinated notes issued in 2017 | ​ | ​ | 254 | ​ | ​ | 549
Subordinated notes issued in 2020 | ​ | ​ | 1,566 | ​ | ​ | 1,678
Total unamortized debt issuance costs | ​ | $ | 1,842 | ​ | $ | 2,283

X
- Definition Tabular disclosure of distributions of securities sold under agreements to repurchase and short-term borrowings and related weighted average interest rates. + References No definition available. + Details
Name: | buse_ScheduleOfSecuritiesFinancingTransactionsAndShortTermDebtTableTextBlock
Namespace Prefix: | buse_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of unamortized debt issuance cost. + References No definition available. + Details
Name: | buse_ScheduleOfUnamortizedDebtIssuanceCostTableTextBlock
Namespace Prefix: | buse_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

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

X
- Definition Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 3 -Subparagraph (SX 210.12-04(a)) -URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e24072-122690 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 1A -URI http://asc.fasb.org/extlink&oid=124435984&loc=d3e28541-108399 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=123467817&loc=d3e21506-112644 Reference 5: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 55 -Paragraph 69B -URI http://asc.fasb.org/extlink&oid=123466577&loc=SL123495735-112612 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=124435984&loc=d3e28551-108399 Reference 7: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 55 -Paragraph 69E -URI http://asc.fasb.org/extlink&oid=123466577&loc=SL123495743-112612 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=123467817&loc=d3e21521-112644 Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=123467817&loc=d3e21538-112644 Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 470 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=123599511&loc=d3e64711-112823 Reference 11: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 55 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=114775985&loc=d3e28878-108400 Reference 12: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=123467817&loc=d3e21475-112644 + Details
Name: | us-gaap_ScheduleOfDebtInstrumentsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration