JUNIOR SUBORDINATED DEBENTURES ISSUED TO CAPITAL TRUSTS (Tables) - Junior Subordinated Debentures Issued

6 Months Ended

Jun. 30, 2021

JUNIOR SUBORDINATED DEBENTURES ISSUED TO CAPITAL TRUSTS

Schedule of carrying value of subordinated debentures

	June 30, 2021		December 31, 2020
	(dollars in thousands)
Heartland Bancorp, Inc. Capital Trust B	$	10,310	$	10,310
Heartland Bancorp, Inc. Capital Trust C		10,310		10,310
Heartland Bancorp, Inc. Capital Trust D		5,155		5,155
FFBI Capital Trust I		7,217		7,217
National Bancorp Statutory Trust I		5,773		5,773
Total junior subordinated debentures, at face value		38,765		38,765
National Bancorp Statutory Trust I unamortized discount		(1,084)		(1,117)
Total junior subordinated debentures, at carrying value	$	37,681	$	37,648

Schedule of interest rates and maturities of the junior subordinated debentures

				Interest Rate at
	Variable			June 30,		December 31,		Maturity
	Interest Rate			2021		2020		Date
Heartland Bancorp, Inc. Capital Trust B	LIBOR plus	2.75	%	2.93	%	2.99	%	April 6, 2034
Heartland Bancorp, Inc. Capital Trust C	LIBOR plus	1.53		1.65		1.75		June 15, 2037
Heartland Bancorp, Inc. Capital Trust D	LIBOR plus	1.35		1.47		1.57		September 15, 2037
FFBI Capital Trust I	LIBOR plus	2.80		2.98		3.04		April 6, 2034
National Bancorp Statutory Trust I	LIBOR plus	2.90		3.02		3.12		December 31, 2037