XML 66 R55.htm IDEA: XBRL DOCUMENT v3.22.2.2
Borrowings - Additional information (Details)
3 Months Ended 9 Months Ended
Feb. 24, 2020
USD ($)
Sep. 30, 2022
USD ($)
item
Jun. 30, 2022
USD ($)
Dec. 31, 2016
Sep. 30, 2022
USD ($)
item
Dec. 31, 2021
USD ($)
Jun. 30, 2021
USD ($)
Apr. 20, 2018
USD ($)
Borrowings                
Securities available-for-sale, at fair value   $ 1,609,759,000     $ 1,609,759,000 $ 1,693,632,000    
Number of customers having secured balances exceeding specified percentage of stockholders equity | item   0     0      
Threshold percentage of stockholders' equity         10.00%      
Borrowings at FHLBC as percentage of total assets   35.00%     35.00%      
Borrowings at FHLBC as percentage of book value of certain mortgage loans   60.00%     60.00%      
FHLBC stock   $ 4,500,000     $ 4,500,000 7,100,000    
Federal Home Loan Bank Chicago ("FHLBC") and Federal Reserve Bank Chicago ("FRBC") stock   19,413,000     19,413,000 13,257,000    
Proceeds from term note $ 30,000,000.0              
Senior notes   44,559,000     44,559,000 44,480,000    
Basis points added to reference rate (as a percent) 175.00%              
Total borrowings   200,104,000     200,104,000 198,876,000    
Asset Pledged as Collateral with Right | Securities sold under repurchase agreements                
Borrowings                
Investment securities pledged with financial institutions, dollars           50,300,000    
Securities available-for-sale, at fair value   $ 72,400,000     72,400,000 113,000,000.0    
GCFC/ABC Bank                
Borrowings                
Debt assumed               $ 23,400,000
Balance of borrowings paid off     $ 5,900,000          
Three Months Secured Overnight Financing Rate                
Borrowings                
Basis points added to reference rate (as a percent)   273.00%            
Securities sold under repurchase agreements                
Borrowings                
Total borrowings   $ 35,497,000     35,497,000 50,337,000    
Securities sold under repurchase agreements | Asset Pledged as Collateral with Right | Securities sold under repurchase agreements                
Borrowings                
Investment securities pledged with financial institutions, dollars   $ 35,500,000     $ 35,500,000      
Federal Home Loan Bank Advances                
Borrowings                
Borrowings at FHLBC as percentage of book value of certain mortgage loans   60.00%     60.00%      
FHLBC advance amount   $ 25.0     $ 25.0 0    
FHLBC stock   4,500,000     4,500,000      
Principal balance of loans collateralized   861,100,000     861,100,000      
Combined collateral value   576,700,000     576,700,000      
Amount available for additional borrowings   536,700,000     536,700,000      
Subordinated debentures                
Borrowings                
Total borrowings   59,275,000     59,275,000 59,212,000    
Notes Payable to Banks [Member]                
Borrowings                
Total borrowings   10,000,000     10,000,000 19,074,000    
Junior subordinated debentures                
Borrowings                
Total borrowings   25,773,000     25,773,000 25,773,000    
Senior Notes [Member]                
Borrowings                
Interest rate (as a percent)       5.75%        
Senior notes   44,600,000     44,600,000 44,500,000    
Debt Instrument, Term       10 years        
Interest rate term       5 years        
Debt issuance costs   441,000     $ 441,000 520,000    
Amortization period for deferred financing costs         10 years      
Total borrowings   $ 44,559,000     $ 44,559,000 $ 44,480,000    
Debt instrument redemption price, percentage         100.00%      
Senior Notes [Member] | Debt Instrument, Variable Rate Base LIBOR [Member]                
Borrowings                
Basis points added to reference rate (as a percent)       385.00%        
Term Debt                
Borrowings                
Proceeds from term note $ 20,000,000.0       $ 10,000,000.0      
Debt term 3 years              
Subordinated Notes Due 2031                
Borrowings                
Interest rate (as a percent)   3.50%     3.50%   3.50%  
Outstanding, net of deferred issuance costs   $ 59,300,000     $ 59,300,000      
Face amount             $ 60,000,000.0