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Short-Term Borrowings and Long-Term Debt (Tables)
12 Months Ended
Dec. 31, 2019
Short-Term Borrowings and Long-Term Debt  
Schedule of long term debt

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance as of

 

 

Maturity

 

Interest

 

December 31, 

 

December 31, 

(dollars in thousands)

    

date

    

rate

    

2019

    

2018

Mid-term Repo-fixed

 

06/28/21

 

1.88

%  

$

3,123

 

 —

Mid-term Repo-fixed

 

08/10/20

 

2.76

 

 

 —

 

5,000

Acquisition Purchase Note (1)

 

04/01/20

 

3.00

 

 

 —

 

1,238

    Total

 

 

 

 

 

$

3,123

 

6,238

 

The acquisition purchase note for the Wealth division is classified as short-term borrowing at December 31, 2019.