SUBORDINATED DEBT - Additional Information (Details) - USD ($) |
1 Months Ended | 3 Months Ended | |||
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Dec. 31, 2020 |
Dec. 31, 2017 |
Mar. 31, 2025 |
Mar. 15, 2025 |
Dec. 31, 2024 |
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Debt Instrument [Line Items] | |||||
Unpaid interest | $ 627,000 | ||||
Remaining net issuance costs | $ 259,000 | ||||
Subordinated Debt [Member] | |||||
Debt Instrument [Line Items] | |||||
Principal amount | $ 100,000,000 | $ 35,000,000 | |||
Non-callable term | 5 years | 5 years | |||
Notes maturity date | Dec. 22, 2030 | Dec. 15, 2027 | |||
Fixed interest rate | 3.50% | 4.75% | 7.75% | ||
LIBOR spread | 3.26% | 2.54% | |||
Debt issuance costs | $ 1,900,000 |
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- Definition Term of non-callable provision of debt. No definition available.
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- Definition Unpaid interest No definition available.
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- Definition Percentage points added to the reference rate to compute the variable rate on the debt instrument. No definition available.
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- Definition Face (par) amount of debt instrument at time of issuance. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Contractual interest rate for funds borrowed, under the debt agreement. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Date when the debt instrument is scheduled to be fully repaid, in YYYY-MM-DD format. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount, before accumulated amortization, of debt issuance costs. Includes, but is not limited to, legal, accounting, underwriting, printing, and registration costs. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Write-off of amounts previously capitalized as debt issuance cost in an extinguishment of debt. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Details
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