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Securities Sold Under Repurchase Agreements (Tables)
3 Months Ended
Mar. 31, 2025
Securities Sold under Agreements to Repurchase [Abstract]  
Schedule of Securities Sold Under Repurchase Agreements The following table presents the securities sold under repurchase agreements by collateral pledged at March 31, 2025 and December 31, 2024 ($ in thousands):

 

 

 

March 31, 2025

 

 

December 31, 2024

 

Mortgage-backed securities

 

 

 

 

 

 

Residential mortgage pass-through securities

 

 

 

 

 

 

Guaranteed by GNMA

 

$

1,639

 

 

$

 

Issued by FNMA and FHLMC

 

 

7,813

 

 

 

11,685

 

Other residential mortgage-backed securities

 

 

 

 

 

 

Issued or guaranteed by FNMA, FHLMC or GNMA

 

 

3,392

 

 

 

7,487

 

Commercial mortgage-backed securities

 

 

 

 

 

 

Issued or guaranteed by FNMA, FHLMC or GNMA

 

 

11,140

 

 

 

10,169

 

Total securities sold under repurchase agreements

 

$

23,984

 

 

$

29,341