XML 54 R41.htm IDEA: XBRL DOCUMENT
v3.22.4

FHLB Advances, Other Borrowings and Junior Subordinated Notes (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2022
Debt Disclosure [Abstract] |
Composition of borrowed funds | The composition of borrowed funds is shown below.
|  | December 31, 2022 |  | December 31, 2021
|  | Balance |  | Weighted Average Balance |  | Weighted Average Rate |  | Balance |  | Weighted Average Balance |  | Weighted Average Rate
|  | (Dollars in Thousands)
Federal funds purchased |  | $ | — |  |  | $ | 14 |  |  | 7.42 | % |  | $ | — |  |  | $ | — |  |  | — | %
FHLB advances |  | 416,380 |  |  | 414,191 |  |  | 1.70 |  |  | 368,800 |  |  | 376,781 |  |  | 1.30 |
Line of credit |  | — |  |  | 85 |  |  | 2.78 |  |  | 500 |  |  | 78 |  |  | 2.90 |
Other borrowings |  | 6,088 |  |  | 8,624 |  |  | 5.23 |  |  | 10,363 |  |  | 8,090 |  |  | 4.11 |
Subordinated notes payable |  | 34,340 |  |  | 35,095 |  |  | 5.06 |  |  | 23,788 |  |  | 23,766 |  |  | 5.94 |
Junior subordinated notes(1) |  | — |  |  | 2,429 |  |  | 20.75 |  |  | 10,076 |  |  | 10,068 |  |  | 11.05 |
|  | $ | 456,808 |  |  | $ | 460,438 |  |  | 2.12 |  |  | $ | 413,527 |  |  | $ | 418,783 |  |  | 1.86 |
(1) Weighted average rate of junior subordinated notes reflects the accelerated amortization of subordinated debt issuance costs as a result of the early redemption of the junior subordinated notes during the first quarter of 2022.
Schedule of Maturities of Long-term Debt | A summary of annual maturities of borrowings at December 31, 2022 is as follows:
(In Thousands) |  |
Maturities during the year ended December 31, |  |
2023 |  | $ | 236,880 |
2024 |  | 35,500 |
2025 |  | 56,000 |
2026 |  | 60,000 |
2027 |  | 28,000 |
Thereafter |  | $ | 40,428 |
|  | $ | 456,808 |

X
- References No definition available. + Details
Name: | us-gaap_DebtDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
Name: | us-gaap_ScheduleOfDebtTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of maturity and sinking fund requirement for long-term debt. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 10 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=123465755&loc=d3e1835-112601 + Details
Name: | us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration