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BORROWED FUNDS
6 Months Ended
Jun. 30, 2022
Borrowed Funds  
BORROWED FUNDS

NOTE 12 BORROWED FUNDS

 

Included in Borrowed Funds are two short-term FHLB Advances totaling $60 million at June 30, 2022. No short-term borrowings were outstanding at December 31, 2021. Of the outstanding advances at June 30, 2022, $20 million, at an interest rate of 2.05%, matures September 16, 2022; and $40 million, at a rate of 2.60%, matures December 19, 2022.