Borrowed Funds and Subordinated Debt (Tables)

12 Months Ended

Dec. 31, 2024

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:

	2024				2023				2022
(Dollars in thousands)	Amount		Average Rate		Amount		Average Rate		Amount		Average Rate
FHLB advances	$	147,746	4.47	%	$	2,830	1.71	%	$	2,913	1.71	%
FRB advances	—		—	%	20,000		4.84	%	—		—	%
Other borrowings	5,390		3.30	%	2,938		0.40	%	303		—	%
Total borrowed funds	$	153,136	4.43	%	$	25,768	3.99	%	$	3,216	1.55	%
Subordinated debt	$	59,815	5.84	%	$	59,498	5.84	%	$	59,182	5.66	%

Schedule of Borrowed Funds Maturity

At December 31, 2024, 2023 and 2022, the contractual maturity distribution of borrowed funds with the weighted average cost for each category is set forth below:

	2024				2023				2022
(Dollars in thousands)	Balance		Rate		Balance		Rate		Balance		Rate
Overnight	$	145,000	4.52	%	$	—	—	%	$	—	—	%
Within 12 months	—		—	%	20,000		4.84	%	—		—	%
Between 1 and 5 years	270		—	%	270		—	%	—		—	%
Over 5 years	7,866		2.78	%	5,498		1.09	%	3,216		1.55	%

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,
	2024				2023				2022
(Dollars in thousands)	Average Balance		Average Cost		Average Balance		Average Cost		Average Balance		Average Cost
FHLB advances	$	4,886	2.97	%	$	3,548	2.65	%	$	3,266	1.59	%
FRB advances	45,838		4.86	%	534		3.39	%	—		—	%
Other borrowings	5,535		0.95	%	1,008		0.13	%	20		—	%
Total borrowed funds	$	56,259	4.31	%	$	5,090	2.23	%	$	3,286	1.58	%