Item 2.03. Creation of a Direct Financial Obligation or an Obligation under an O?-Balance Sheet Arrangement of a Registrant.
OnFebruary 18, 2022 ,TriState Capital Holdings, Inc. (the "Company"), as borrower, entered into a First Amendment (the "First Amendment") to the Credit Agreement, dated as ofFebruary 18, 2021 (the "Credit Agreement"), among the Company,The Huntington National Bank , as administrative agent (the "Administrative Agent"), and the lenders from time to time party thereto (the Credit Agreement, as amended by the First Amendment, the "Amended Credit Agreement"). The First Amendment, among other things, extended the maturity of the$75 million unsecured revolving credit facility provided for in the Credit Agreement fromFebruary 18, 2022 toFebruary 18, 2023 , and implemented secured overnight financing rate (SOFR) interest rate mechanics and interest rate reference benchmark replacement provisions. Loans extended pursuant to the Amended Credit Agreement will bear interest at the lesser of (a) the Maximum Rate and (b) (i) in the case of a Base Rate Loan, the Base Rate plus 1.00% and (ii) in the case of a SOFR Loan, Term SOFR plus 3.11% (each, as defined in the Amended Credit Agreement). The foregoing description of the First Amendment is not complete and is qualified in its entirety by reference to the text of the First Amendment, which is filed as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated by reference herein. Item 9.01 Financial Statements and Exhibits. Exhibit No. Description 10.1 First Amendment to Credit Agreement, dated
Capital Holdings, Inc. , as Borrower, the lenders party thereto, andThe Huntington National Bank , as Administrative Agent. * 104 Cover Page Interactive Data File (embedded within
the Inline XBRL Document).
* Pursuant to Item 601(a)(5) of Regulation S-K, certain schedules and exhibits
have been omitted and will be furnished on a supplemental basis to the
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