Debt (Tables)

6 Months Ended

Jun. 30, 2023

Debt Disclosure [Abstract]

Federal Home Loan Bank, Advances

The June 30, 2023 FHLB balances were comprised of the following:

			Weighted
			Average		Effective Rate,
	Total		Contractual		Net of
	Outstanding		Rate		Hedges
	(Dollars in thousands)
Overnight Borrowings	$	87,860	5.27	%	n/a
1-Month Term	300,000		5.29	%	n/a
1-Month Term	400,000		5.32	%	3.94	%
Amortizing	619		1.65	%	n/a
Total	$	788,479

Information related to Trust preferred securities table text block

Information relating to these trust preferred securities at June 30, 2023 is as follows:

Trust	Principal Amount		Maturity Date	Interest Rate Spread	All-in Rate
	(Dollars in thousands)
Capital Trust V	$	50,000	3/15/2037	1.48%	7.03%
Central Trust I (1)	$	5,100	9/16/2034	2.44%	7.99%
Central Trust II (1)	$	5,900	3/15/2037	1.65%	7.20%

(1)These securities noted above are callable quarterly until maturity.

Schedule of Long-Term Debt Instruments

The following table summarizes long-term debt, net of debt issuances costs, at the dates indicated:

	June 30		December 31
	2023		2022
	(Dollars in thousands)
Junior subordinated debentures
Capital Trust V	51,516		51,514
Central Trust I	5,258		5,258
Central Trust II	6,083		6,083
Subordinated debentures	49,933		49,885
Total long-term debt	$	112,790	$	112,740