BORROWINGS (Tables)

9 Months Ended

Sep. 30, 2022

BORROWINGS

Schedule of borrowed funds by maturity and call date

	September 30, 2022				December 31, 2021
	Amount by		Weighted		Amount by				Weighted
	Scheduled		Average		Scheduled		Amount by		Average
	Maturity*		Rate (2)		Maturity*		Call Date (1)		Rate (2)
	(dollars in thousands)
Year ending December 31:
2022	$	—	—	%	$	—		40,000	—	%
2023		182	1.42			185		185	1.46
2024		13,400	1.39			13,400		13,400	1.39
2025		987	—			40,987		987	1.32
2026		—	—			—		—	—
2027 and thereafter		1,115	2.00			1,139		1,139	2.00
	$	15,684	1.35	%	$	55,711	$	55,711	1.35	%
* Includes an amortizing advance requiring monthly principal and interest payments.
(1) Callable FHLB advances are shown in the respective periods assuming that the callable debt is redeemed at the call date, while all other advances are shown in the periods corresponding to their scheduled maturity date. There were no callable advances at September 30, 2022.
(2) Weighted average rates are based on scheduled maturity dates.