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Long-term Debt (Tables)
6 Months Ended
Jun. 30, 2020
Debt Disclosure [Abstract]  
Schedule of long-term debt
Long-term debt consisted of the following (in thousands):
June 30,
2020
December 31, 2019Issue
Date
Stated
Maturity
Date
Earliest
Call
Date
Interest Rate
2022 senior debentures$50,000  $50,000  201520222020
5.000% through August 13, 2020, 3-month LIBOR plus 3.814% thereafter
2027 senior debentures35,000  35,000  201520272025
5.500% through August 13, 2025, 3-month LIBOR plus 3.71% thereafter
2030 senior debentures100,000  —  202020302025
5.00% through June 15, 2025, 3-month SOFR plus 4.87% thereafter
Total senior debentures185,000  85,000  
2028 subordinated debentures100,000  100,000  201820282023
4.500% through January 30, 2023, 3-month LIBOR plus 2.12% thereafter
2025 subordinated debentures11,250  11,250  201520252020
6.250%
Total subordinated debentures111,250  111,250  
Southern Bancorp Capital Trust I4,382  4,382  200420342009
Prime + 1.00%
Tidelands Statutory Trust I8,248  8,248  200620362011
3-month LIBOR plus 1.38%
Four Oaks Statutory Trust I12,372  12,372  200620362011
3-month LIBOR plus 1.35%
Total trust preferred securities25,002  25,002  
Less discount(9,621) (8,588) 
Total long-term debt$311,631  $212,664