Long-Term Borrowings (Tables)

12 Months Ended

Dec. 31, 2020

Long-Term Borrowings

Schedule of long-term borrowings

	December 31,
(dollars in thousands)	2020		2019
Finance lease	$	10	$	19
FHLB fixed-rate advances(1)		200,000		200,000
Total long-term borrowings	$	200,010	$	200,019

(1) Interest is payable monthly.

Schedule of future contractual principal payments on long-term borrowings

	Principal
(dollars in thousands)	Payments
Year ending December 31:
2021	$	10
2022		—
2023(1)		100,000
2024(2)		100,000
2025		—
Total	$	200,010

(1) FHLB fixed-rate advance callable on March 3, 2021 with an interest rate of 2.80%

(2) FHLB fixed-rate advance callable on April 15, 2021 with an interest rate of 2.65%