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Long-Term Borrowings | 3 Months Ended
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Mar. 31, 2018
Debt Disclosure [Abstract] |
Long-Term Borrowings | Note 8. Long-Term Borrowings The following table presents information related to the Company’s long-term borrowings as of March 31, 2018 and December 31, 2017.
(dollars in thousands) |  | March 31, 2018 |  |  | December 31, 2017 |
Subordinated Notes, 5.75% |  | $ | 70,000 |  |  | $ | 70,000 |
Subordinated Notes, 5.0% |  |  | 150,000 |  |  |  | 150,000 |
Less: debt issuance costs |  |  | (2,997 | ) |  |  | (3,095 | )
Long-term borrowings |  | $ | 217,003 |  |  | $ | 216,905 |
On August 5, 2014, the Company completed the sale of $70.0 million of its 5.75% subordinated notes, due September 1, 2024 (the “2024 Notes”). The 2024 Notes were offered to the public at par and qualify as Tier 2 capital for regulatory purposes to the fullest extent permitted under the Basel III Rule capital requirements. The net proceeds were approximately $68.8 million, which includes $1.2 million in deferred financing costs which are being amortized over the life of the 2024 Notes. On July 26, 2016, the Company completed the sale of $150.0 million of its 5.00% Fixed-to-Floating Rate Subordinated Notes, due August 1, 2026 (the “2026 Notes”). The 2026 Notes were offered to the public at par and qualify as Tier 2 capital for regulatory purposes to the fullest extent permitted under the Basel III Rule capital requirements. The net proceeds were approximately $147.35 million, which includes $2.6 million in deferred financing costs which are being amortized over the life of the 2026 Notes.

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- Definition The entire disclosure for long-term debt. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -URI http://asc.fasb.org/topic&trid=2208564 + Details
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