BORROWINGS (Tables)

3 Months Ended

Mar. 31, 2023

Debt Disclosure [Abstract]

Schedule of borrowings from FHLB Topeka

The following presents the Company’s required maturities on FHLB and FRB borrowings as of the dates noted (dollars in thousands):

Maturity Date	Rate %	March 31, 2023		December 31, 2022
April 1, 2023(1)	4.76	$	60,000	$	131,498
April 13, 2023	4.99	104,712		—
May 5, 2023	0.76	10,000		10,000
August 1, 2023	5.07	50,000		—
March 27, 2024	4.78	32,068		—
Total		$	256,780	$	141,498

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(1)The borrowing has a one day, automatic daily renewal maturity date, subject to FHLB discretion not to renew.

Schedule of Debt

The following presents the Company’s subordinated notes included in the Subordinated notes line of the Condensed Consolidated Balance Sheets as of the periods noted (dollars in thousands):

Issuance Date	Stated Rate	Interest Paid	Maturity	Carrying Value		Initial Debt Issuance Costs		Remaining Net Balance (1)
March 2020	5.125% per annum until 3/31/2025, then alternative rate plus 450 basis points until maturity	Quarterly	3/31/2030	$	8,000	$	120	$	7,953
November 2020	4.25% per annum until 12/1/2025, then SOFR plus 402 basis points until maturity	Semi-annual (Quarterly beginning 12/01/25)	12/1/2030	10,000		162		9,882
August 2021	3.25% per annum until 9/1/2026, then SOFR plus 258 basis points until maturity	Semi-annual (Quarterly beginning 09/01/26)	9/1/2031	15,000		242		14,809
December 2022	7.00% per annum until December 15, 2027, then SOFR plus 328 basis points until maturity	Semi-annual (Quarterly beginning 12/15/27)	12/15/2032	20,000		506		19,523

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(1)Remaining net balance includes amortization of debt issuance costs.