Borrowings (Tables)

6 Months Ended

Jun. 30, 2022

Borrowings

Schedule of distribution of securities sold under agreements to repurchase and short-term borrowings and weighted average interest rates

	As of
	June 30,			December 31,
	2022			2021
Securities sold under agreements to repurchase	$	228,383		$	270,139
Weighted average rate for securities sold under agreements to repurchase		0.55	%		0.08	%

Summary of short-term debt and long-term debt

Short-term borrowings are summarized as follows (dollars in thousands):Long-term debt is summarized as follows (dollars in thousands):

Schedule of unamortized debt issuance cost

Unamortized debt issuance costs related to senior notes and subordinated notes are presented in the following table (dollars in thousands):

	As of
	June 30,		December 31,
	2022		2021
Unamortized debt issuance costs
Senior notes issued in 2017	$	—	$	56
Subordinated notes issued in 2017		338		549
Subordinated notes issued in 2020		1,452		1,678
Subordinated notes issued in 2022		1,906		—
Total unamortized debt issuance costs	$	3,696	$	2,283