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Funds Borrowed - Schedule of Outstanding Balances of Funds Borrowed (Detail) - USD ($) $ in Thousands | Dec. 31, 2020 | Dec. 31, 2019
--- | --- | ---
Debt Instrument [Line Items] |  |  |
2021 |  | $ 481,169 |
2022 |  | 249,327 |
2023 |  | 195,667 |
2024 |  | 161,040 |
2025 |  | 136,702 |
Thereafter |  | 88,100 |
Long term debt | [1] | $ 1,312,005 | $ 1,169,593
Interest Rate | [2] | 2.37% |
Deposits [Member] |  |  |
Debt Instrument [Line Items] |  |  |
2021 | [3] | $ 393,835 |
2022 | [3] | 241,605 |
2023 | [3] | 190,387 |
2024 | [3] | 120,040 |
2025 | [3] | 121,955 |
Long term debt | [1],[3] | $ 1,067,822 | 954,245
Interest Rate | [2],[3] | 1.71% |
Small Business Administration Debentures and Borrowings [Member] |  |  |
Debt Instrument [Line Items] |  |  |
2021 |  | $ 22,508 |
2023 |  | 5,000 |
2024 |  | 5,000 |
2025 |  | 14,000 |
Thereafter |  | 21,500 |
Long term debt | [1] | $ 68,008 | 71,746
Interest Rate | [2] | 3.36% |
Retail and Privately Placed Notes [Member] |  |  |
Debt Instrument [Line Items] |  |  |
2021 | [4] | $ 33,625 |
2024 | [4] | 36,000 |
Thereafter | [4] | 33,600 |
Long term debt | [1],[4] | $ 103,225 | 69,625
Interest Rate | [2],[4] | 8.25% |
Preferred Securities [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Thereafter | [4] | $ 33,000 |
Long term debt | [1],[4] | $ 33,000 | 33,000
Interest Rate | [2],[4] | 2.35% |
Other Borrowings [Member] |  |  |
Debt Instrument [Line Items] |  |  |
2021 |  | $ 500 |
2022 |  | 7,442 |
2025 |  | 747 |
Long term debt | [1] | $ 8,689 | 7,794
Interest Rate | [2] | 1.91% |
Notes Payable to Banks [Member] |  |  |
Debt Instrument [Line Items] |  |  |
2021 |  | $ 30,701 |
2022 |  | 280 |
2023 |  | 280 |
Long term debt | [1] | $ 31,261 | $ 33,183
Interest Rate | [2] | 3.67% |
[1] | Excludes deferred financing costs of $5,805 and $5,105 as of December 31, 2020 and 2019.
[2] | Weighted average contractual rate as of December 31, 2020.
[3] | Balance excludes $250 of strategic partner reserve deposits as of December 31, 2020.
[4] | Relates to loans held at Medallion Financial Corp. (parent company only).

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