XML 70 R48.htm IDEA: XBRL DOCUMENT v3.25.0.1
BORROWINGS (Tables)
 12 Months Ended
Dec. 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 December 31,
20242023
Securities sold under agreements to repurchase$155,610 $187,396 
Weighted average rate for securities sold under agreements to repurchase2.63 %3.26 %
Schedule of Short-Term Debt Short-term borrowings are summarized as follows (dollars in thousands):
As of December 31,
20242023
Term Loan, current portion due within 12 months$— $12,000 
Schedule of Long-Term Debt Long-term debt is summarized as follows (dollars in thousands):
As of December 31,
20242023
Term Loan$— $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 December 31,
20242023
Unamortized debt issuance costs
Subordinated notes issued in 2020$222 $735 
Subordinated notes issued in 20221,004 1,383 
Total unamortized debt issuance costs$1,226 $2,118