SUBORDINATED NOTES - Subordinated borrowing (Details) $ in Thousands |
Dec. 31, 2024
USD ($)
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| SUBORDINATED NOTES | |
| Subordinated notes | $ 75,000 |
| Less: unamortized debt issuance costs | 124 |
| Total subordinated notes | $ 74,876 |
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- Definition Subordinated notes, before underwriting discounts and commissions, legal, accounting and other professional fees. No definition available.
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- References No definition available.
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- Definition Including the current and noncurrent portions, carrying value as of the balance sheet date of subordinated debt (with initial maturities beyond one year or beyond the operating cycle if longer). Subordinated debt places a lender in a lien position behind debt having a higher priority of repayment in liquidation of the entity's assets. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The remaining balance of debt issuance expenses that were capitalized and are being amortized against income over the lives of the respective bond issues. This does not include the amounts capitalized as part of the cost of the utility plant or asset. No definition available.
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