SUBORDINATED DEBT (Tables)

12 Months Ended

Dec. 31, 2020

Brokers And Dealers [Abstract]

Schedule of Subordinated Debt

The following table lists outstanding subordinated debt as of December 31, 2020 and 2019.

	2020		2019
Subordinated debentures	$	14,872	$	14,561
Subordinated notes		72,812	—
Total	$	87,684	$	14,561

At December 31, 2020 and 2019, the contractual balance and the unamortized fair value adjustments were as shown below.

	2020			2019
Contractual balance	$	20,620		$	20,620
Unamortized fair value adjustment		(5,748	)		(6,059	)
Net book value	$	14,872		$	14,561

Schedule of Subordinated Notes Table

Subordinated notes as of December 31, 2020, are listed below.

	December 31, 2020			Weighted Average Rate			Weighted Average Term in Years
Subordinated notes	$	75,000			7.00	%		9.5
Total principal outstanding		75,000
Debt issuance cost		(2,188	)
Total subordinated notes	$	72,812

Summary of Future Principal Repayments

Future principal repayments of the December 31, 2020, outstanding balances for all borrowings are as follows.

	Retail Repurchase Agreements		FHLB Advances		Subordinated Debentures		Subordinated Notes		Total
Due in one year or less	$	36,029	$	2,357	$	—	$	—	$	38,386
Due after one year through two years		—		2,357		—		—		2,357
Due after two years through three years		—		2,357		—		—		2,357
Due after three years through four years		—		1,857		—		—		1,857
Due after four years through five years		—		1,179		—		—		1,179
Thereafter		—		—		20,620		75,000		95,620
Total	$	36,029	$	10,107	$	20,620	$	75,000	$	141,756