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Other Borrowing Arrangements (Tables)
12 Months Ended
Dec. 31, 2023
Debt Disclosure [Abstract]  
Schedule of Short-Term Borrowings

At year end, short-term borrowings consisted of the following (dollars in thousands):

2023

    

Average
balance
outstanding

    

Amount

    

Average
interest rate
during the year

    

Maximum
month-end
balance during
the year

    

Weighted
average
interest rate
at year-end

As of December 31:

Repurchase agreements

$

90,294

$

107,121

0.27%

$

107,121

0.27%

Short term borrowings

225,437

280,500

5.34%

219,000

5.34%

Total

$

315,731

$

387,621

$

326,121

2022

Average
balance
outstanding

    

Amount

    

Average
interest rate
during the year

    

Maximum
month-end
balance during
the year

    

Weighted
average
interest rate
at year-end

As of December 31:

Repurchase agreements

$

110,387

$

109,169

0.29%

$

118,014

0.29%

Short term borrowings

47,708

219,000

3.67%

219,000

3.67%

Total

$

158,095

$

328,169

$

337,014

Schedule of Long-Term Advances from FHLB

At year end, long-term advances from FHLB consisted of the following (dollars in thousands):

2023

2022

Amount

Fixed rate

Weighted average interest rate

Amount

Fixed rate

Weighted average interest rate

As of December 31:

Federal Home Loan Bank advances, maturing 2026

$

25,000

3.96%

3.96%

$

Federal Home Loan Bank advances, maturing 2028

15,000

3.78%

3.78%

Federal Home Loan Bank advances, maturing 2026

20,000

4.04%

4.04%

Federal Home Loan Bank advances, maturing 2028

20,000

3.81%

3.81%

Total

$

80,000

$