XML 113 R93.htm IDEA: XBRL DOCUMENT v3.22.1
Debt - Narrative (Details)
3 Months Ended 12 Months Ended
Jan. 21, 2022
USD ($)
Sep. 30, 2021
Jan. 13, 2022
USD ($)
Aug. 31, 2020
USD ($)
Dec. 31, 2021
USD ($)
Dec. 31, 2020
USD ($)
Dec. 31, 2019
USD ($)
Mar. 31, 2022
USD ($)
Sep. 30, 2020
Jun. 19, 2017
USD ($)
Debt Conversion [Line Items]                    
Loans pledged to the FHLB         $ 1,180,493,000 $ 943,376,000        
Total borrowing capacity with the FHLB         597,915,000 702,540,000        
Additional borrowing availability with the FHLB         505,045,000          
Amortization of issuance costs on subordinated debt         93,000 $ 45,000 $ 0      
Trust preferred securities, aggregate liquidation valuation amount         419,000          
Trust Preferred Securities Subject to Mandatory Redemption | New Mexico Banquest Capital Trust I (NMBCT I)                    
Debt Conversion [Line Items]                    
Debt instrument, face amount         9,279,000          
Trust Preferred Securities Subject to Mandatory Redemption | New Mexico Banquest Capital Trust II (NMBCT II)                    
Debt Conversion [Line Items]                    
Debt instrument, face amount         4,640,000          
Line of Credit | Other Financial Institutions                    
Debt Conversion [Line Items]                    
Line of credit facility, maximum borrowing capacity         95,000,000          
Amount drawn from line of credit         $ 0          
London Interbank Offered Rate (LIBOR) | Trust Preferred Securities Subject to Mandatory Redemption | New Mexico Banquest Capital Trust I (NMBCT I)                    
Debt Conversion [Line Items]                    
Interest rate margin on variable rate basis   3.35%                
Debt effective interest rate         3.48% 3.57%        
London Interbank Offered Rate (LIBOR) | Trust Preferred Securities Subject to Mandatory Redemption | New Mexico Banquest Capital Trust II (NMBCT II)                    
Debt Conversion [Line Items]                    
Interest rate margin on variable rate basis   2.00%                
Debt effective interest rate         2.16% 2.22%        
Convertible Notes Payable | Convertible Debt                    
Debt Conversion [Line Items]                    
Debt instrument, face amount         $ 20,673,000          
Convertible debt, conversion ratio         0.0156717          
Debt instrument, interest rate         3.29%          
Debt discount on the convertible notes         $ 1,231,000 $ 1,977,000       $ 4,682,000
Amortization of debt discount         746,000 752,000 761,000      
Convertible Notes Payable | Convertible Debt | Subsequent Event                    
Debt Conversion [Line Items]                    
Amortization of debt discount $ 382,000                  
Repayments of convertible debt 6,750,000                  
Costs related to the issuance of the subordinated notes $ 1,231,000                  
Subordinated Notes Due July 1, 2030 | Subordinated Debt                    
Debt Conversion [Line Items]                    
Debt instrument, face amount       $ 40,000,000            
Debt instrument, interest rate       6.00%         6.00%  
Costs related to the issuance of the subordinated notes       $ 933,000 795,000          
Amortization of issuance costs on subordinated debt         93,000 45,000        
Subordinated Notes Due July 1, 2030 | Subordinated Debt | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate                    
Debt Conversion [Line Items]                    
Interest rate margin on variable rate basis       5.89%            
Subordinated Notes Due January 15, 2032 | Subordinated Debt | Forecast                    
Debt Conversion [Line Items]                    
Costs related to the issuance of the subordinated notes               $ 534,000    
Subordinated Notes Due January 15, 2032 | Subordinated Debt | Subsequent Event                    
Debt Conversion [Line Items]                    
Debt instrument, face amount     $ 25,000,000              
Debt instrument, interest rate     3.375%              
Costs related to the issuance of the subordinated notes     $ 534,000              
Subordinated Notes Due January 15, 2032 | Subordinated Debt | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate | Subsequent Event                    
Debt Conversion [Line Items]                    
Interest rate margin on variable rate basis     2.03%              
Subordinated Debt related to Trust Preferred Securities | Subordinated Debt                    
Debt Conversion [Line Items]                    
Debt instrument, face amount         13,919,000          
Debt discount on the convertible notes         4,293,000          
Amortization of debt discount         256,000 $ 258,000 $ 261,000      
Costs related to the issuance of the subordinated notes         3,109,000          
Federal Reserve Bank stock | Line of Credit                    
Debt Conversion [Line Items]                    
Line of credit facility, maximum borrowing capacity         $ 8,485,000          
Federal Reserve Bank stock | Fed Funds target rate | Line of Credit                    
Debt Conversion [Line Items]                    
Interest rate margin on variable rate basis         0.50%