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JUNIOR SUBORDINATED DEBENTURES ISSUED TO CAPITAL TRUSTS (Tables) - Junior Subordinated Debentures Issued
12 Months Ended
Dec. 31, 2021
SUBORDINATED NOTES  
Schedule of carrying value of subordinated debentures

    

December 31, 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

(1,051)

(1,117)

Total junior subordinated debentures, at carrying value

$

37,714

$

37,648

Schedule of interest rates and maturities of the junior subordinated debentures

Interest Rate at

Variable

December 31, 

December 31, 

Maturity

    

Interest Rate

    

2021

    

2020

    

Date

Heartland Bancorp, Inc. Capital Trust B

LIBOR plus

2.75

%  

2.87

%  

2.99

%  

April 6, 2034

Heartland Bancorp, Inc. Capital Trust C

LIBOR plus

1.53

1.73

1.75

June 15, 2037

Heartland Bancorp, Inc. Capital Trust D

LIBOR plus

1.35

1.55

1.57

September 15, 2037

FFBI Capital Trust I

LIBOR plus

2.80

2.92

3.04

April 6, 2034

National Bancorp Statutory Trust I

LIBOR plus

2.90

3.10

3.12

December 31, 2037