Long-Term Borrowings (Tables)

3 Months Ended

Mar. 31, 2021

Long-Term Borrowings

Schedule of long-term borrowings

(dollars in thousands)	March 31, 2021		December 31, 2020
Finance lease	$	10	$	10
FHLB fixed-rate advances(1)		200,000		200,000
Total long-term borrowings	$	200,010	$	200,010

(1) Interest is payable monthly.

Schedule of future contractual principal payments on long-term borrowings

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

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

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