Borrowings (Tables)

12 Months Ended

Dec. 31, 2021

Borrowings

Schedule of Debt

Information related to borrowings as of December 31, 2021 and 2020 is as follows (dollars in thousands):

	Year Ended December 31,
	2021			2020
Maximum outstanding during the year
Federal Funds Purchased	$	4,982		$	4,559
FHLB advances		—			51,000
PPPLF		41,529			45,120
Balance outstanding at end of year
Federal Funds Purchased		—			—
FHLB advances		—			—
PPPLF		—			41,529
Average amount outstanding during the year
Federal Funds Purchased		55			91
FHLB advances		—			27,785
PPPLF		5,601			28,857
Average interest rate during the year
Federal Funds Purchased		0.05	%		1.65	%
FHLB advances		—	%		2.17	%
PPPLF		0.35	%		0.35	%
Average interest rate at end of year
Federal Funds Purchased		—	%		—	%
FHLB advances		—	%		—	%
PPPLF		—	%		0.35	%