v3.25.1
Subordinated Debentures and Subordinated Notes
 3 Months Ended
Mar. 31, 2025
Debt Disclosure [Abstract]  
Subordinated Debentures and Subordinated Notes Subordinated Debentures and Subordinated Notes
    Subordinated debentures and subordinated notes as of March 31, 2025 and December 31, 2024 were as follows:
 March 31, 2025December 31, 2024
Subordinated notes, net of debt issuance costs$124,725 $199,607 
Subordinated debentures, net of discount31,184 31,129 
Total subordinated notes and debentures$155,909 $230,736 
In first quarter 2025, the Company redeemed $75,000 of its 4.75% fixed-to-floating subordinated notes, including accrued interest of $1,526. The notes were redeemable in whole or in part on any interest payment date that occurred after November 15, 2024, subject to the Federal Reserve Bank’s approval in compliance with applicable statutes and regulations.