Long-Term Debt (Tables)

12 Months Ended

Dec. 31, 2021

Debt Disclosure [Abstract]

Long-term debt

Long-term debt as of December 31, 2021 and 2020 is summarized as follows:

	2021		2020
Federal Home Loan Bank advances	$	417	$	152,167
Junior subordinated debentures	111,373		110,794
Subordinated notes	359,419		212,009
Total long-term debt	$	471,209	$	474,970

Debentures

The following table provides details on the debentures as of December 31, 2021:

	Principal Amount		Interest Rate		Year of Maturity	Amount Included in Tier 1 Capital
PHC Statutory Trust I	$	20,619	3.07	%	2033	$	20,000
PHC Statutory Trust II	31,959		2.07		2035	31,000
Capital Bancorp Capital Trust I	12,372		1.72		2035	12,000
First M&F Statutory Trust I	30,928		1.53		2036	22,194
Brand Group Holdings Statutory Trust I	10,310		2.27		2035	9,216
Brand Group Holdings Statutory Trust II	5,155		3.20		2037	5,051
Brand Group Holdings Statutory Trust III	5,155		3.20		2038	5,051
Brand Group Holdings Statutory Trust IV	3,093		3.95		2038	3,270

Aggregate stated maturities of Long-term debt outstanding

The aggregate stated maturities of long-term debt outstanding at December 31, 2021, are summarized as follows:

	Federal Home Loan Bank advances		Junior subordinated debentures		Subordinated notes		Total
2022	$	417	$	—	$	—	$	417
2023	—		—		—		—
2024	—		—		—		—
2025	—		—		—		—
2026	—		—		29,724		29,724
Thereafter	—		111,373		329,695		441,068
Total	$	417	$	111,373	$	359,419	$	471,209