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Long-Term Borrowings (Tables)
6 Months Ended
Jun. 30, 2022
Debt Disclosure [Abstract]  
Summary of All Junior Subordinated Debentures and Subordinated Debentures

A summary of all junior subordinated debentures issued by the Company to affiliates and subordinated debentures follows. For the junior subordinated debentures, these amounts represent the par value of the obligations owed to these affiliates, including the Company’s equity interest in the trusts along with any unamortized fair value marks. For the subordinated debentures, these amounts represent the par value less the remaining deferred offering expense associated with the issuance of the debentures.

 

 

 

June 30, 2022

 

December 31, 2021

 

 

Amount

 

Amount

TSEO Statutory Trust I

 

$2,448

 

$2,424

Maple Leaf Financial Statutory Trust II

 

7,406

 

7,293

Cortland Statutory Trust I

 

4,299

 

4,271

Total junior subordinated debentures owed to unconsolidated subsidiary trusts

 

$14,153

 

$13,988

 

 

 

 

 

Subordinated debentures

 

$73,832

 

$73,770