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Borrowings (Tables)
9 Months Ended
Sep. 30, 2022
Debt Disclosure [Abstract]  
Schedule of Borrowed Funds FHLBNY Advances Maturity and Call Date

Borrowed funds at September 30, 2022 and December 31, 2021 consist of the following and are summarized by maturity and call date below:

 

 

September 30,

 

 

December 31,

 

 

2022

 

 

2021

 

 

Scheduled
Maturity

 

 

Redeemable
at Call Date

 

 

Weighted
Average
Rate

 

 

Scheduled
Maturity

 

 

Redeemable
at Call Date

 

 

Weighted
Average
Rate

 

 

(Dollars in thousands)

 

FHLBNY Overnight line of credit
   advance

$

25,000

 

 

$

25,000

 

 

 

3.29

%

 

$

 

 

$

 

 

 

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

FHLBNY Term advances ending:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2022

$

 

 

$

 

 

 

 

 

$

77,880

 

 

$

77,880

 

 

 

1.73

%

2023

 

28,375

 

 

 

28,375

 

 

 

2.82

 

 

 

28,375

 

 

 

28,375

 

 

 

2.82

 

2024

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2025

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2026

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Thereafter

 

233,000

 

 

 

233,000

 

 

 

3.27

 

 

 

 

 

 

 

 

 

 

 

$

286,375

 

 

$

286,375

 

 

 

3.23

%

 

$

106,255

 

 

$

106,255

 

 

 

2.02

%

Schedule of Warehouse Lines of Credit

 

 

December 31, 2021

 

 

 

Credit Line

 

 

Unused Line

 

 

 

 

 

 

Maximum

 

 

of Credit

 

 

Balance

 

 

 

(in thousands)

 

Warehouse Line of Credit #1

 

$

15,000

 

 

$

8,636

 

 

$

6,364

 

Warehouse Line of Credit #2

 

 

15,000

 

 

$

6,274

 

 

$

8,726

 

Total long-term debt

 

$

30,000

 

 

$

14,910

 

 

$

15,090