v3.26.3
SUBORDINATED DEBENTURES (Tables)
9 Months Ended
Sep. 30, 2026
Subordinated Borrowings [Abstract]  
Schedule of Subordinated Debentures These subordinated debentures consist of the following at September 30, 2026 and are described in detail after the table below:
Issue DatePrincipal AmountUnamortized
Valuation Reserve
Recorded ValueStated Rate DescriptionEffective Stated RateStated Maturity
Subordinated debentures:(dollars in thousands)
TFC Trust12/22/2006$5,155 $941 $4,214 
Three-month CME Term SOFR plus 0.26% plus 1.65%
5.81%3/15/2037
FAIC Trust12/15/20047,217 630 6,587 
Three-month CME Term SOFR plus 0.26% plus 2.25%
6.41%12/15/2034
PGBH Trust12/15/20045,155 418 4,737 
Three-month CME Term SOFR plus 0.26% plus 2.10%
6.26%12/15/2034
Total$17,527 $1,989 $15,538