Note 12 - Subordinated Notes (Tables)

12 Months Ended

Dec. 31, 2022

Subordinated Notes

Summary of subordinated notes

		Amount Outstanding	Interest Rate			Amount Outstanding	Interest Rate
		as of December 31, 2022	as of December 31, 2022			as of December 31, 2021	as of December 31, 2021		Maturity Date
		(dollars in thousands)
Subordinated debenture dated 9/14/20	$	50,000	5.125	%	$	50,000	5.125	%	9/15/2030
Subordinated debenture dated 2/1/19		65,000	5.375	%		65,000	5.375	%	2/15/2029
Subordinated debenture dated 7/29/20*		20,000	5.250	%		N/A	N/A		9/30/2030
Subordinated debenture dated 8/18/22		55,000	5.950	%		N/A	N/A		9/1/2037
Subordinated debenture dated 8/18/22		45,000	5.500	%		N/A	N/A		9/1/2032
Debt issuance costs		(2,338)				(1,150)
Total Subordinated Debentures	$	232,662			$	113,850
*Assumed in acquisition of GFED