v3.25.2
BORROWINGS (Tables)
 6 Months Ended
Jun. 30, 2025
Debt Disclosure [Abstract]  
Schedule of borrowings from FHLB Topeka
The following presents the Company’s maturities of FHLB borrowings (dollars in thousands):
Maturity DateRate %June 30,
2025		December 31,
2024
July 1, 2025(1)
4.59 %$112,131 $5,000 
July 2, 20254.53 50,000 50,000 
Total$162,131 $55,000 
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(1)The borrowing has a one day, automatic daily renewal maturity date, subject to FHLB discretion not to renew.
Schedule of debt
The following presents the Company’s subordinated notes included in the Subordinated notes line of the Condensed Consolidated Balance Sheets as of the periods noted (dollars in thousands):
Issuance DateStated RateInterest PaidMaturityCarrying ValueInitial Debt Issuance Costs
Remaining Net Balance(1)
November 2020
4.25% per annum until 12/1/2025, then SOFR plus 402 basis points until maturity
Semi-annual (Quarterly beginning 12/01/25)12/1/2030$10,000 $162 $9,979 
August 2021
3.25% per annum until 9/1/2026, then SOFR plus 258 basis points until maturity
Semi-annual (Quarterly beginning 09/01/26)9/1/203115,000 242 14,936 
December 2022
7.00% per annum until 12/15/2027, then SOFR plus 328 basis points until maturity
Semi-annual (Quarterly beginning 12/15/27)12/15/203220,000 506 19,758 
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(1)Remaining net balance includes amortization of debt issuance costs.