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Borrowings
 3 Months Ended
Mar. 31, 2024
Debt Disclosure [Abstract]  
Borrowings
Note 7 — Borrowings
Borrowed funds are summarized as follows:
(Dollars in thousands)March 31, 2024December 31, 2023
Short-term FHLB advances$— $70,000 
Long-term FHLB advances6,406 6,474 
Overnight repurchase agreements with depositors6,752 7,124 
Total FHLB advances and other borrowings$13,158 $83,598 
Subordinated indebtedness, net$160,684 $194,279 
At December 31, 2023, the Company had $34.7 million in subordinated promissory notes that were assumed in the merger with BTH (“BTH Notes”) with origination dates ranging from June 2015 to June 2021. After the five-year anniversary of issuance, the Company can redeem the BTH Notes in part or in full at the Company’s discretion and, if applicable, subject to receipt of any required regulatory approvals. Primarily due to the declining Tier 2 capital contribution of the BTH Notes, the Company elected to redeem all but $1.1 million of the BTH Notes during the three months ended March 31, 2024