XML 62 R48.htm IDEA: XBRL DOCUMENT v3.20.4
Borrowings (Tables)
12 Months Ended
Dec. 31, 2020
Debt Disclosure [Abstract]  
Schedule of Debt
The following table summarizes the Corporation's borrowings as of December 31, 2020 and 2019:
December 31, 2020December 31, 2019
Federal funds purchased$— $55,000 
Securities sold under repurchase agreements177,102 187,946 
Federal Home Loan Bank advances389,430 351,072 
Subordinated debentures and term loans118,380 138,685 
Total Borrowings$684,912 $732,703 
Schedule of Maturities of Long-term Debt
Contractual maturities of borrowings as of December 31, 2020, are as follows:
Maturities in Years Ending December 31:Federal Funds PurchasedSecurities Sold
Under Repurchase Agreements
Federal Home
Loan Bank
Advances
Subordinated
Debentures and
Term Loans
2021$— $177,102 $55,097 $— 
2022— — 75,097 — 
2023— — 115,097 — 
2024— — 10,097 — 
2025— — 25,097 — 
After 2025— — 108,945 122,012 
ASC 805 fair value adjustments at acquisition— — — (3,632)
 $— $177,102 $389,430 $118,380