BORROWINGS - Schedule of subordinated debt (Details) - Subordinated Notes $ in Thousands |
Jun. 30, 2025
USD ($)
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BORROWINGS | |
Remaining Net Balance | $ 8,000 |
Subordinated Notes Issued November 2020 | |
BORROWINGS | |
Interest bearing rate (as a percent) | 4.25% |
Basis points | 0.0402 |
Carrying Value | $ 10,000 |
Initial Debt Issuance Costs | 162 |
Remaining Net Balance | $ 9,979 |
Subordinated Notes Issued August 2021 | |
BORROWINGS | |
Interest bearing rate (as a percent) | 3.25% |
Basis points | 0.0258 |
Carrying Value | $ 15,000 |
Initial Debt Issuance Costs | 242 |
Remaining Net Balance | $ 14,936 |
Subordinated Notes Issued December 2022 | |
BORROWINGS | |
Interest bearing rate (as a percent) | 7.00% |
Basis points | 0.0328 |
Carrying Value | $ 20,000 |
Initial Debt Issuance Costs | 506 |
Remaining Net Balance | $ 19,758 |
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- Definition Debt Instrument, Basis Points No definition available.
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- Definition Amount, before unamortized (discount) premium and debt issuance costs, of long-term debt. Includes, but is not limited to, notes payable, bonds payable, commercial loans, mortgage loans, convertible debt, subordinated debt and other types of debt. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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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/disclosureRef
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- Definition Amount, after 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 Amount, after deduction of unamortized premium (discount) and debt issuance cost, of long-term debt. Excludes lease obligation. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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