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BORROWINGS (Tables)
 3 Months Ended
Mar. 31, 2024
Debt Disclosure [Abstract]  
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,
2024		December 31,
2023
Securities sold under agreements to repurchase$147,175 $187,396 
Weighted average rate for securities sold under agreements to repurchase2.96 %3.26 %
Schedule of short-term borrowings Short-term borrowings are summarized as follows (dollars in thousands):
As of
March 31,
2024		December 31,
2023
Short-term borrowings
Term Loan, current portion due within 12 months$— $12,000 
Total short-term debt$— $12,000 
Summary of long-term debt Long-term debt is summarized as follows (dollars in thousands):
As of
March 31,
2024		December 31,
2023
Long-term debt
Term Loan$— $18,000 
Total long-term debt$— $18,000 
Schedule of unamortized debt issuance cost
Unamortized debt issuance costs related to Busey’s subordinated notes are presented in the following table (dollars in thousands):
As of
March 31,
2024		December 31,
2023
Unamortized debt issuance costs
Subordinated notes issued in 2020$610 $735 
Subordinated notes issued in 20221,290 1,383 
Total unamortized debt issuance costs$1,900 $2,118