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Borrowings (Tables)
6 Months Ended
Jun. 30, 2025
Debt Disclosure [Abstract]  
Schedule of Borrowed Funds FHLBNY and Correspondent Bank Advances Maturity and Call Date

Borrowed funds at June 30, 2025 and December 31, 2024 consist of the following and are summarized by maturity and call date below:

 

 

June 30, 2025

 

 

December 31, 2024

 

 

Scheduled
Maturity

 

 

Redeemable
at Call Date

 

 

Weighted
Average
Rate

 

 

Scheduled
Maturity

 

 

Redeemable
at Call Date

 

 

Weighted
Average
Rate

 

 

(Dollars in thousands)

 

Overnight line of credit
   advance

$

15,000

 

 

$

15,000

 

 

 

4.55

%

 

$

25,000

 

 

$

25,000

 

 

 

4.69

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

FHLBNY Term advances ending:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2025

$

50,000

 

 

$

50,000

 

 

 

4.41

%

 

$

100,000

 

 

$

100,000

 

 

 

4.48

%

2026

 

200,000

 

 

 

200,000

 

 

 

4.25

 

 

 

200,000

 

 

 

200,000

 

 

 

4.25

 

2027

 

212,000

 

 

 

212,000

 

 

 

3.44

 

 

 

212,000

 

 

 

212,000

 

 

 

3.44

 

2028

 

9,100

 

 

 

9,100

 

 

 

3.84

 

 

 

9,100

 

 

 

9,100

 

 

 

3.84

 

2029

 

50,000

 

 

 

50,000

 

 

 

3.35

 

 

 

50,000

 

 

 

50,000

 

 

 

3.35

 

$

536,100

 

 

$

536,100

 

 

 

3.86

%

 

$

596,100

 

 

$

596,100

 

 

 

3.94

%