v3.26.1
BORROWINGS (Tables)
6 Months Ended
Jun. 30, 2026
Debt Disclosure [Abstract]  
Schedule of Securities Sold Under Agreements to Repurchase Securities sold under agreements to repurchase are presented in the table below:
As of
(dollars in thousands)June 30,
2026
December 31,
2025
Securities sold under agreements to repurchase$144,061 $166,929 
Weighted average rate for securities sold under agreements to repurchase2.39 %2.22 %
Schedule of Short-term Borrowings Balances of short-term borrowings are presented in the table below:
As of
(dollars in thousands)June 30,
2026
December 31,
2025
Short-term borrowings
FHLB advances maturing in less than one year from date of origination, and the current portion of long-term FHLB advances due within 12 months$28,333 $— 
Total short-term borrowings$28,333 $— 
Schedule of Long-term Borrowings Balances of long-term borrowings are presented in the table below:
As of
(dollars in thousands)June 30,
2026
December 31,
2025
Long-term borrowings
FHLB borrowings
$86,030 $102,792 
Secured borrowings
3,161 4,791 
Finance lease liabilities
6,134 6,223 
Total long-term borrowings$95,325 $113,806 
Schedule of Unamortized Debt Issuance Cost
Unamortized debt issuance costs related to Busey’s subordinated notes are presented in the table below:
As of
(dollars in thousands)June 30,
2026
December 31,
2025
Unamortized debt issuance costs$397 $605