Borrowed Funds and Subordinated Debt (Tables)

12 Months Ended

Dec. 31, 2020

Debt Disclosure [Abstract]

Schedule of Borrowed Funds and Debentures

Borrowed funds and subordinated debt outstanding at December 31, for the years indicated are summarized as follows:

	2020				2019				2018
(Dollars in thousands)	Amount		Average Rate		Amount		Average Rate		Amount		Average Rate
Borrowed funds	$	4,774	0.30	%	$	96,173	1.86	%	$	100,492	2.67	%
Subordinated debt	73,744		5.69	%	14,872		6.22	%	14,860		6.23	%
Total borrowed funds and subordinated debt	$	78,518	5.36	%	$	111,045	2.44	%	$	115,352	3.13	%

Schedule of Borrowed Funds Maturity

The contractual maturity distribution as of December 31, 2020, of borrowed funds with the weighted average cost for each category is set forth below:

	2020				2019				2018
(Dollars in thousands)	Balance		Rate		Balance		Rate		Balance		Rate
Overnight	$	—	—	%	$	92,000	1.85	%	$	100,000	2.68	%
Within 12 months	4,316		0.33	%	3,697		2.22	%	—		—	%
Over 5 years	458		—	%	476		—	%	492		—	%

Schedule of Average Balances and Rates for Borrowed Funds

The following table summarizes the average balance and average cost of borrowed funds for the years indicated:

	Year ended December 31,
	2020				2019				2018
(Dollars in thousands)	Average Balance		Average Cost		Average Balance		Average Cost		Average Balance		Average Cost
FHLB advances	$	35,762	1.65	%	$	15,885	2.42	%	$	22,250	1.72	%
FRB PPPLF advances	4,703		0.35	%	—		—	%	—		—	%
Other borrowings	14		1.07	%	55		2.64	%	—		—	%
Total borrowed funds	$	40,479	1.50	%	$	15,940	2.42	%	$	22,250	1.72	%