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Borrowings (Tables)
12 Months Ended
Dec. 31, 2021
Debt Disclosure [Abstract]  
Schedule of Borrowed Funds FHLBNY Advances Maturity and Call Date

Note 8. Borrowings (Continued)

Borrowed funds at December 31, 2021 and 2020 consist of the following and are summarized by maturity and call date below:

 

 

 

December 31,

 

 

December 31,

 

 

2021

 

 

2020

 

 

Scheduled

Maturity

 

 

Redeemable

at Call

Date

 

 

Weighted

Average

Rate

 

 

Scheduled

Maturity

 

 

Redeemable

at Call

Date

 

 

Weighted

Average

Rate

 

 

(Dollars in thousands)

 

FHLBNY overnight advances

$

 

 

$

 

 

 

%

 

$

8,000

 

 

$

8,000

 

 

 

0.34

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

FHLBNY term advances ending :

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2021

 

 

 

 

 

 

 

%

 

 

3,000

 

 

 

3,000

 

 

 

1.84

 

2022

 

77,880

 

 

 

77,880

 

 

 

1.73

 

 

 

77,880

 

 

 

77,880

 

 

 

1.73

 

2023

 

28,375

 

 

 

28,375

 

 

 

2.82

 

 

 

28,375

 

 

 

28,375

 

 

 

2.82

 

 

$

106,255

 

 

$

106,255

 

 

 

2.02

%

 

$

117,255

 

 

$

117,255

 

 

 

1.90

%

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

 

 

Note 8. Borrowings (Continued)

 

 

 

December 31, 2020

 

 

 

Credit Line

 

 

Unused Line

 

 

 

 

 

 

 

Maximum

 

 

of Credit

 

 

Balance

 

 

 

(in thousands)

 

Warehouse Line of Credit #1

 

$

29,900

 

 

$

2,171

 

 

$

27,729

 

Warehouse Line of Credit #2

 

 

5,000

 

 

 

2,768

 

 

 

2,232

 

Total long-term debt

 

$

34,900

 

 

$

4,939

 

 

$

29,961