Borrowings (Tables)

9 Months Ended

Sep. 30, 2023

Borrowings

Schedule of short-term borrowings

Short-term borrowings:

Period–end short-term borrowings were comprised of the following:

(Dollar amounts in thousands)	September 30, 2023		December 31, 2022
Federal Funds Purchased	$	63,425	$	3,000
Repurchase Agreements		69,309		67,875
	$	132,734	$	70,875

Schedule of collateral pledged to repurchase agreements by remaining maturity

Collateral pledged to repurchase agreements by remaining maturity are as follows:

	September 30, 2023
Repurchase Agreements	Remaining Contractual Maturity of the Agreements
	Overnight						Greater
	and		Up to 30		30 - 90		than 90
(Dollar amounts in thousands)	continuous		days		days		days		Total
Mortgage Backed Securities - Residential and Collateralized Mortgage Obligations	$	63,008	$	300	$	1,450	$	4,551	$	69,309

	December 31, 2022
Repurchase Agreements	Remaining Contractual Maturity of the Agreements
	Overnight						Greater
	and		Up to 30		30 - 90		than 90
(Dollar amounts in thousands)	continuous		days		days		days		Total
Mortgage Backed Securities - Residential and Collateralized Mortgage Obligations	$	63,335	$	—	$	4,175	$	365	$	67,875

Schedule of other borrowings

(Dollar amounts in thousands)	September 30, 2023		December 31, 2022
FHLB advances	$	84,578	$	9,589
TOTAL	$	84,578	$	9,589

Aggregate Minimum Annual Retirements

2024	$	78,618
2025		1,007
2026		4,953
2027		—
2028		—
Thereafter		—
	$	84,578