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SUBORDINATED NOTES (Tables)

12 Months Ended

Dec. 31, 2022

Subordinated Notes

SUBORDINATED NOTES

Schedule of carrying value of subordinated debentures

​

​	​	​	​	​	​	​
​		December 31, 2022			December 31, 2021
​	​	(dollars in thousands)
Subordinated notes, at face value	​	$	40,000	​	$	40,000
Unamortized issuance costs	​	​	(605)	​	​	(684)
Subordinated notes, at carrying value	​	$	39,395	​	$	39,316

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Tabular disclosure of carrying value of subordinated borrowings.

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