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Note 12 - Subordinated Notes (Tables)
 12 Months Ended
Dec. 31, 2019
Subordinated Notes  
Summary of subordinated notes

 

 

 

 

 

 

 

 

 

 

 

 

 

Amount Outstanding

Interest Rate

 

 

 

Amount Outstanding

Interest Rate

 

 

 

 

as of December 31, 2019

as of December 31, 2019

 

 

 

as of December 31, 2018

as of December 31, 2018

 

Maturity Date

 

 

(dollars in thousands)

 

 

 

 

 

 

 

 

 

 

 

Subordinated debenture dated 2/1/19

$

65,000

5.375

%

 

$

 -

N/A

%

2/15/2029

Subordinated debenture dated 4/30/16

 

2,000

4.00

%

 

 

2,000

4.00

%

4/30/2026

Subordinated debenture dated 9/15/16

 

3,000

4.00

%

 

 

3,000

4.00

%

9/15/2026

Debt issuance costs

 

(1,606)

 

 

 

 

(218)

 

 

 

 Total Subordinated Debentures

$

68,394

 

 

 

$

4,782