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Borrowings (Tables)
12 Months Ended
Dec. 31, 2020
Borrowings [Abstract]  
Short Term Borrowings

Short term borrowings, and the related maximum amounts outstanding at the end of any month in both of the years ended December 31, 2020 and 2019, are presented below.

(Dollars in thousands)

Maximum Outstanding at

Years Ended December 31, 

Any Month End

    

2020

    

2019

    

2020

    

2019

Repurchase agreements

$

4,750

$

3,429

$

4,889

$

3,891

Short-term borrowings with FHLB:

 

Overnight advances

 

 

9,700

 

 

9,700

3-month advances

20,000

20,000

$

24,750

$

13,129

$

24,889

$

13,591

The following table presents supplemental information related to short-term borrowings.

(Dollars in thousands)

Securities sold under

agreements to repurchase

Short-term borrowings

    

2020

    

2019

    

2020

    

2019

    

Amount outstanding as of December 31

$

4,750

$

3,429

$

20,000

$

9,700

Weighted average interest rate as of December 31

 

0.14

%  

 

1.09

%  

 

0.31

%  

 

1.81

%  

Average amount outstanding during the year

 

4,033

 

3,246

 

14,521

 

1,022

Weighted average interest rate during the year

 

0.17

%  

 

1.15

%  

 

0.42

%  

 

2.32

%  

Summary of the Scheduled Maturities of Long-Term Debt

The following table summarizes the scheduled maturities of long-term debt as of December 31, 2020.

(Dollars in thousands)

Scheduled

Weighted Average

Year

    

Maturities

    

Interest Rate

2021

$

%

2022

 

2023

 

 

2024

 

20,000

 

2.42

2025

 

15,000

 

2.41

Thereafter

$

35,000

 

2.42

%