Long-Term Debt (Tables)

3 Months Ended

Mar. 31, 2022

Debt Disclosure [Abstract]

Schedule of Long-Term Debt

Long-Term Debt

(dollars in thousands, unaudited)

	March 31, 2022				December 31, 2021
			Unamortized				Unamortized
			Debt Issuance				Debt Issuance
	Principal		Costs		Principal		Costs
Fixed - floating rate subordinated debentures, due 2031 (1)	$	50,000	$	(849)	$	50,000	$	(859)
Total long-term debt	$	50,000	$	(849)	$	50,000	$	(859)

(1) 3.25% fixed rate for five years, then floating rate beginning October 1, 2026 at 253.5 basis points over 3-month term SOFR adjusted quarterly.