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Short-Term and Other Borrowings (Tables)

9 Months Ended

Sep. 30, 2025

Debt Disclosure [Abstract]

Summary of Federal Funds Purchased, Securities Sold Under Agreements to Repurchase and Other Short-term Borrowings

Short-term borrowings, which consist of federal funds purchased and short-term FHLB advances, are summarized as follows:

		September 30, 2025				December 31, 2024
		Short-term Borrowings				Short-term Borrowings
Fed Funds Purchased		$	—			$	—
FHLB Advances:
Single maturity fixed rate advances		$	100,000			$	—
Interest rate on balance			4.22	%			—
Overnight advances		$	132,000			$	339,000
Interest rate on balance			4.18	%			4.42	%
Total Short-term FHLB Advances		$	232,000			$	339,000

The single maturity fixed rate advances is one advance that matures on October 17, 2025.

		Three Months Ended September 30,								Nine Months Ended September 30,
		2025				2024				2025				2024
		Short-term Borrowings				Short-term Borrowings				Short-term Borrowings				Short-term Borrowings
Maximum indebtedness		$	412,200			$	497,500			$	465,000			$	501,500
Rate			4.44	%			5.50	%			4.44	%			5.50	%
End of period balance		$	232,000			$	287,047			$	232,000			$	287,047
Rate			4.20	%			4.88	%			4.20	%			4.88	%
Average balance		$	272,985			$	388,022			$	346,737			$	385,801
Rate			4.45	%			5.46	%			4.47	%			5.51	%

Average balance during the period represents daily averages. Average rate paid represents interest expense divided by the related average balances.

The following table summarizes the Company's subordinated debentures at September 30, 2025 and December 31, 2024.

		September 30, 2025				December 31, 2024
		Subordinated Debentures				Subordinated Debentures
Subordinated Debentures:
First Citizens Statutory Trust II		$	7,732			$	7,732
First Citizens Statutory Trust III			12,887				12,887
First Citizens Statutory Trust IV			5,155				5,155
Futura TPF Trust I			2,578				2,578
Futura TPF Trust II			1,997				1,997
Long-Term Subordinated Debentures, net of unamortized debt issuance costs			73,864				73,740
Total Subordinated Debentures		$	104,213			$	104,089

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- References

No definition available.

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- Definition

Tabular disclosure of short-term debt arrangements (having initial terms of repayment within one year or the normal operating cycle, if longer) including: (1) description of the short-term debt arrangement; (2) identification of the lender or type of lender; (3) repayment terms; (4) weighted average interest rate; (5) carrying amount of funds borrowed under the specified short-term debt arrangement as of the balance sheet date; (6) description of the refinancing of a short-term obligation when that obligation is excluded from current liabilities in the balance sheet; and (7) amount of a short-term obligation that has been excluded from current liabilities in the balance sheet because of a refinancing of the obligation.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 210
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(19))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1

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