Subordinated Debt (Details) - USD ($) |
May 26, 2017 |
Mar. 31, 2022 |
Dec. 31, 2021 |
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Debt Instrument [Line Items] | |||
Principal amount | $ 40,000,000 | ||
Fixed interest rate (as a percent) | 5.25% | ||
Subordinated debt, net of issuance costs | $ 39,987,000 | $ 39,925,000 | |
Debt Issuance Costs | $ 13,000 | ||
LIBOR | |||
Debt Instrument [Line Items] | |||
Rate of interest added to base rate | 3.365% |
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- Definition Percentage points added to the reference rate to compute the variable rate on the debt instrument. No definition available.
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- Definition Face (par) amount of debt instrument at time of issuance. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Contractual interest rate for funds borrowed, under the debt agreement. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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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. No definition available.
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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://fasb.org/us-gaap/role/ref/legacyRef
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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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- Details
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