Borrowings (Tables)
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9 Months Ended |
Sep. 30, 2026 |
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| Debt Disclosure [Abstract] |
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| Schedule of Long-term Debt Instruments |
The Company has access to various sources of funds that allow for management of interest rate exposure and liquidity. The following table summarizes the Company's outstanding borrowings and weighted average interest rates as of September 30, 2026 and December 31, 2025: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Outstanding Balance | | Weighted Average Interest Rate | | | September 30, | | December 31, | | September 30, | | December 31, | | | | | | | | 2026 | | | 2025 | | | 2026 | | | 2025 | | Securities sold under agreements to repurchase
and federal funds purchased | | $ | 27,484 | | | $ | 99,865 | | | 3.18 | % | | 4.01 | % | | | | | | | | | | | | | | | | | | | | Subordinated debt, net | | 207,722 | | | 83,670 | | | 5.94 | % | | 5.01 | % | | Other borrowings | | 30,184 | | | 29,229 | | | 0.06 | % | | 0.07 | % | | Total | | $ | 265,390 | | | $ | 212,764 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
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| Schedule of Securities Sold Under Agreement to Repurchase |
Information concerning securities sold under agreements to repurchase and federal funds purchased as of or for the nine months ended September 30, 2026 and as of or for the year ended December 31, 2025 is summarized as follows: | | | | | | | | | | | | | September 30, 2026 | | December 31, 2025 | | Balance at period-end | $ | 27,484 | | | $ | 99,865 | | | Average daily balance during the period | 10,895 | | | 11,950 | | | Average interest rate during the period | 0.66 | % | | 0.79 | % | | Maximum month-end balance during the period | $ | 95,498 | | | $ | 107,486 | | | Weighted average interest rate at period-end | 3.18 | % | | 4.01 | % |
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| Schedule of FHLB Advances |
Information concerning FHLB advances as of or for the nine months ended September 30, 2026 and as of or for the year ended December 31, 2025 is shown within the table below. | | | | | | | | | | | | | September 30, 2026 | | December 31, 2025 | | Balance at period-end | $ | — | | | $ | — | | | Average daily balance during the period | 3,663 | | | 9,589 | | | Average interest rate during the period | 3.87 | % | | 4.36 | % | | Maximum month-end balance during the period | $ | 125,000 | | | $ | 100,000 | | | Weighted average interest rate at period-end | — | % | | — | % |
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| Schedule of Subordinated Debt |
Further details regarding the Company’s subordinated debt as of September 30, 2026 are provided below. | | | | | | | | | | | | | | | | | | | | | | Name | Year established | Maturity | Call date | Total debt outstanding | Interest rate | Coupon structure | October 2036 Subordinated Debt(1) | 2026 | 10/01/2036 | 10/01/2031 | $ | 125,000 | | 6.625% | Semiannual fixed(2) | February 2032 Subordinated Debt(1)(3) | 2022 | 02/07/2032 | 03/30/2027 | 47,500 | | 3.50% | Quarterly fixed(2) | October 2032 Subordinated Debt(1)(3) | 2022 | 10/26/2032 | 12/30/2027 | 40,000 | | 7.00% | Quarterly fixed(2) | December 2031 Subordinated Debt(1)(3) | 2021 | 12/22/2031 | 12/31/2026 | 5,000 | | 3.50% | Quarterly fixed(2) | | Unamortized debt issuance costs and unamortized fair value marks | (9,778) | | | | | Total subordinated debt, net | $ | 207,722 | | | | (1) The Company classifies the subordinated debt, net of applicable unamortized debt issuance costs and fair value marks on acquired debt, as Tier 2 capital, subject to a 20% annual phaseout during the final five years before maturity. (2) Beginning on each respective call date, the coupon rate converts to 3M SOFR plus a spread of 205 basis points, 205 basis points, 306 basis points and 242 basis points for the October 2036, February 2032, October 2032 and December 2031 subordinated issues, respectively, through the end of the term of each debenture. (3) These notes were acquired in the Southern States merger on July 1, 2025. |
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| Schedule of Federal Reserve Borrowings |
Further information concerning borrowings from the Federal Reserve's Discount Window or other borrowings as of or for the nine months ended September 30, 2026 and as of or for the year ended December 31, 2025 is shown within the table below. | | | | | | | | | | | | | September 30, 2026 | | December 31, 2025 | | Balance at period-end | $ | — | | | $ | — | | | Average daily balance during the period | 5,128 | | | 2,329 | | | Average interest rate during the period | 3.75 | % | | 4.06 | % | | Maximum month-end balance during the period | $ | 100,000 | | | $ | — | | | Weighted average interest rate at period-end | — | % | | — | % |
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