Advances from the Federal Reserve Bank

12 Months Ended

Dec. 31, 2023

Federal Home Loan Bank Stock and Federal Reserve Bank Stock [Abstract]

Federal Reserve Bank Advances, Disclosure [Text Block]

(13) Advances from the Federal Reserve Bank

In March 2023, the FRB created a new Bank Term Funding Program (BTFP) to make additional funding available

to eligible depository institutions. This program offers loans up to one year term that can be prepaid without penalty.

The amount that can be borrowed is based upon the par value of the securities pledged as collateral to the FRB.

Advances can be requested under the BTFP until at least March 11, 2024.

Advances outstanding consisted of the following:

	December 31, 2023
			Weighted
			Average
(Dollars in thousands)	Amount		Rate
Due within one year	$	50,000	4.89	%
Total	$	50,000	4.89	%