Long-Term Borrowings (Tables)

6 Months Ended

Jun. 30, 2020

Long-Term Borrowings

Schedule of long-term borrowings

(dollars in thousands)	June 30, 2020		December 31, 2019
Finance lease	$	19	$	19
FHLB fixed-rate advances(1)		200,000		200,000
Total long-term borrowings	$	200,019	$	200,019

(1) Interest is payable monthly.

Schedule of future contractual principal payments on long-term borrowings

	Principal
(dollars in thousands)	Payments
2020	$	9
2021		10
2022		—
2023(1)		100,000
2024(2)		100,000
Total	$	200,019

(1) FHLB fixed-rate advance callable on December 4, 2020 with an interest rate of 2.80%.

(2) FHLB fixed-rate advance callable on January 15, 2021 with an interest rate of 2.65%.