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BORROWED FUNDS (Tables)
3 Months Ended
Mar. 31, 2022
Debt Disclosure [Abstract]  
Summary of Borrowed Funds by Type
The following is a summary of borrowed funds by type as of March 31, 2022 and December 31, 2021:

(Dollars in thousands)March 31, 2022December 31, 2021
Trust preferred borrowings$90,295 $67,011 
Senior and subordinated debt248,488 147,939 
Other borrowed funds33,619 24,527 

 The following table sets forth information concerning borrowed funds by type as of and for the three months ended March 31, 2022 and March 31, 2021:
(Dollars in thousands)
Balance at
End of
Period
Weighted
Average
Interest
Rate
Maximum
Outstanding
at Month
End During
the Period
Average
Amount
Outstanding
During the
Year
Weighted
Average
Interest
Rate
During the
Year
March 31, 2022
Trust preferred borrowings$90,295 2.47 %$90,295 $90,263 2.30 %
Senior and subordinated debt248,488 3.27 248,566 248,565 3.10 
Other borrowed funds33,619 0.10 37,941 38,396 0.10 
March 31, 2021
Federal funds purchased $— — %$— $736 2.76 %
Trust preferred borrowings67,011 1.96 67,011 67,011 1.96 
Senior debt246,734 3.45 246,734 245,654 3.67 
Other borrowed funds21,456 0.10 21,456 19,656 0.10