Short-Term Borrowings and Advances from Federal Home Loan Bank (Tables)

9 Months Ended

Sep. 30, 2022

Short-Term Borrowings and Advances from Federal Home Loan Bank

Schedule of federal home loan bank borrowings

Total short-term and Federal Home Loan Bank (FHLB) borrowings and advances consist of the following (in thousands, except percentages):

	At September 30, 2022
				Weighted
Type	Maturing	Amount		Average Rate
Open Repo Plus	Overnight	$	26,274	3.11	%
FHLB Advances	2022		8,757	1.79
	2023		15,568	1.59
	2024		4,197	1.19
Total FHLB advances			28,522	1.59
Total short-term and FHLB borrowings		$	54,796	2.32	%

	At December 31, 2021
				Weighted
Type	Maturing	Amount		Average Rate
Open Repo Plus	Overnight	$	—	—	%
FHLB Advances	2022		22,888	1.88
	2023		15,568	1.59
	2024		4,197	1.19
Total FHLB advances			42,653	1.71
Total short-term and FHLB borrowings		$	42,653	1.71	%