Long-Term Borrowings	9 Months Ended
Sep. 30, 2021
Debt Disclosure [Abstract]
Long-term Borrowings	Long-term borrowings: There were $40.0 million in long-term Federal Home Loan Bank Advances at September 30, 2021 with a weighted average interest rate of 1.79%. Long-term Federal Home Loan Bank Advances were $67.0 million at December 31, 2020 and had a weighted average interest rate of 1.39%. In addition, the Company had two Trust Preferred Debentures with an outstanding balance of $9.6 million at September 30, 2021 and $9.4 million at December 31, 2020. Both of these debentures mature in calendar year 2036. The debentures have a weighted average interest rate of 1.89% and 1.99% at September 30, 2021 and December 31, 2020, respectively. Long-term and short-term FHLB advances are secured by a blanket pledge of residential mortgage, commercial real estate, and multi-family loans. Based on this collateral, the Bank is eligible to borrow an additional $579.9 million at September 30, 2021. The advance is subject to a prepayment penalty if paid prior to its maturity date.

Long-Term Borrowings

9 Months Ended

Sep. 30, 2021

Long-term borrowings:

There were $40.0 million in long-term Federal Home Loan Bank Advances at September 30, 2021 with a weighted average interest rate of 1.79%. Long-term Federal Home Loan Bank Advances were $67.0 million at December 31, 2020 and had a weighted average interest rate of 1.39%. In addition, the Company had two Trust Preferred Debentures with an outstanding balance of $9.6 million at September 30, 2021 and $9.4 million at December 31, 2020. Both of these debentures mature in calendar year 2036. The debentures have a weighted average interest rate of 1.89% and 1.99% at September 30, 2021 and December 31, 2020, respectively.

Long-term and short-term FHLB advances are secured by a blanket pledge of residential mortgage, commercial real estate, and multi-family loans. Based on this collateral, the Bank is eligible to borrow an additional $579.9 million at September 30, 2021. The advance is subject to a prepayment penalty if paid prior to its maturity date.