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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, 2022December 31, 2021
BalanceWeighted
Average
Balance
Weighted
Average
Rate
BalanceWeighted
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 borrowings6,088 8,624 5.23 10,363 8,090 4.11 
Subordinated notes payable34,340 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 
202435,500 
202556,000 
202660,000 
202728,000 
Thereafter$40,428 
$456,808