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Borrowings (Tables)
12 Months Ended
Dec. 31, 2021
Borrowings [Abstract]  
Schedule of Borrowings

Short term borrowings, and the related maximum amounts outstanding at the end of any month in the years ended December 31, 2021 and 2020, are presented below.

(Dollars in thousands)

Maximum Outstanding at

Years Ended December 31, 

Any Month End

    

2021

    

2020

    

2021

    

2020

Repurchase agreements

$

4,227

$

4,750

$

4,804

$

4,889

Short-term borrowings with FHLB:

 

Overnight advances

 

 

 

9,000

 

3-month advances

20,000

20,000

20,000

$

4,227

$

24,750

$

33,804

$

24,889

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

(Dollars in thousands)

Securities sold under

agreements to repurchase

Short-term borrowings

    

2021

    

2020

    

2021

    

2020

    

Amount outstanding as of December 31

$

4,227

$

4,750

$

$

20,000

Weighted average interest rate as of December 31

 

0.10

%  

 

0.14

%  

 

%  

 

0.31

%  

Average amount outstanding during the year

 

4,249

 

4,033

 

6,741

 

14,521

Weighted average interest rate during the year

 

0.10

%  

 

0.17

%  

 

0.38

%  

 

0.42

%  

Scheduled Maturities of Long-Term Debt

The following table summarizes the scheduled maturities of long-term debt as of December 31, 2021.

(Dollars in thousands)

Scheduled

Weighted Average

Year

    

Maturities

    

Interest Rate

2022

$

%

2023

2024

15,000

 

2.29

2025

 

5,000

 

2.41

2026

 

 

Thereafter

$

20,000

 

2.32

%