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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).