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Long-Term Borrowings
3 Months Ended
Mar. 31, 2022
Long-term Debt, Unclassified [Abstract]  
Long-Term Borrowings Long-Term Borrowings
The following table presents information related to the Company's long-term borrowings as of March 31, 2022 and December 31, 2021.

(dollars in thousands)March 31, 2022December 31, 2021
Subordinated Notes, 5.75%  
$70,000 $70,000 
Less: unamortized debt issuance costs(299)(330)
Total$69,701 $69,670 
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 included $1.2 million in deferred financing costs which are being amortized over the life of the 2024 Notes.