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Borrowings (Tables)
12 Months Ended
Dec. 31, 2022
Borrowings  
Summary of borrowings and junior subordinated debentures

The following table is a summary of borrowings as of December 31, 2022 and 2021:

    

2022

    

2021

  

Securities sold under repurchase agreements

$

32,156

$

50,337

Other short-term borrowings

90,000

-

Junior subordinated debentures1

25,773

25,773

Subordinated debentures

59,297

59,212

Senior notes

44,585

44,480

Notes payable and other borrowings

9,000

19,074

Total borrowings

$

260,811

$

198,876

1 See Note 10: Junior Subordinated Debentures, below.

Summary of scheduled maturities and weighted average rates of borrowings

2022

2021

 

Weighted

Weighted

 

Average

Average

 

    

Balance

    

Rate

    

Balance

    

Rate

 

2022

$

-

 

-

%

$

58,337

0.37

%  

2023

131,156

2.89

9,000

 

1.85

2024

 

-

 

-

 

-

 

-

2025

 

-

 

-

 

-

-

2026

 

44,585

 

6.02

 

46,554

 

5.88

2027

 

-

 

-

 

-

-

Thereafter

 

85,070

 

3.91

 

84,985

 

3.89

Total borrowings

$

260,811

 

3.76

%  

$

198,876

 

3.23

%