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SHORT-TERM BORROWINGS AND LONG-TERM DEBT - (Tables)
 6 Months Ended
Jun. 30, 2023
Debt Disclosure [Abstract]  
Schedule of Subordinated Borrowing
The Company had the following junior subordinated debentures outstanding, which are recorded in long-term debt on the Company's consolidated balance sheets at June 30, 2023 and December 31, 2022:

(dollars in thousands)
Name of TrustJune 30, 2023Interest RateDecember 31, 2022Interest Rate
Trust IV$30,928 Three-month LIBOR + 2.45%$30,928 Three-month LIBOR + 2.45%
Trust V20,619 Three-month LIBOR + 1.87%20,619 Three-month LIBOR + 1.87%
Total$51,547 $51,547 
Schedule of Long-term Debt Instruments
The Company had the following subordinated notes outstanding at June 30, 2023 and December 31, 2022:

(dollars in thousands)
DescriptionJune 30, 2023Interest Rate
October 2020 Private Placement$55,000 
4.75% for the first five years. Resets quarterly thereafter to the then current three-month SOFR plus 456 basis points.
(dollars in thousands)
DescriptionDecember 31, 2022Interest Rate
October 2020 Private Placement$55,000 
4.75% for the first five years. Resets quarterly thereafter to the then current three-month SOFR plus 456 basis points.