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BORROWING ARRANGEMENTS (Tables)
12 Months Ended
Dec. 31, 2025
BORROWING ARRANGEMENTS [Abstract]  
Debentures and Trust Preferred Securities
The following table is a detail of the debentures and TPS at December 31, 2025 (dollars in thousands):

    Issue Date    
Amount
of TPS
       
Amount
of Debentures
       
Stated Maturity Date
of TPS and
Debentures(1)
   
Interest Rate of
TPS and Debentures(2)(3)
SPFCT III
 
2004
 
$
10,000
 
 
 
$
10,310
       
2034
   
3-mo. CME Term SOFR + 291bps; 6.77%
SPFCT IV
 
2005
   
20,000
       
20,619
       
2035
   
3-mo. CME Term SOFR + 165bps; 5.37%
SPFCT V
 
2007
   
15,000
       
15,464
       
2037
   
3-mo. CME Term SOFR + 176bps; 5.48%
Total
     
$
45,000
 
 
 
$
46,393