BORROWINGS (Tables)

12 Months Ended

Dec. 31, 2024

BORROWINGS

Schedule of borrowings

Short-term borrowings, and the related maximum amounts outstanding at the end of any month in the years ended December 31, 2024 and 2023, are presented below.

					Maximum Outstanding at
(Dollars in thousands)	Years Ended December 31,				Any Month End
	2024		2023		2024		2023
Repurchase agreements	$	14,342	$	12,810	$	17,214	$	15,266
Short-term borrowings:
Overnight FHLB advances		27,900		—		27,900		38,000
3-month FHLB advances		—		—		—		20,000
FRB advances		—		40,000		40,000		40,000
	$	42,242	$	52,810	$	85,114	$	113,266

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

	Securities sold under
(Dollars in thousands)	agreements to repurchase						Short-term borrowings
	2024			2023			2024			2023
Amount outstanding as of December 31	$	14,342		$	12,810		$	27,900		$	40,000
Weighted average interest rate as of December 31		3.51	%		4.37	%		4.81	%		4.89	%
Average amount outstanding during the year	$	15,258		$	9,868		$	41,316		$	32,336
Weighted average interest rate during the year		4.01	%		3.89	%		5.10	%		5.01	%

Scheduled maturities of long-term debt

The following table summarizes the scheduled maturities of long-term debt as of December 31, 2024.

(Dollars in thousands)	Scheduled		Weighted Average
Year	Maturities		Interest Rate
2025	$	5,000	2.41	%
2026		—	—
2027		—	—
2028		—	—
2029		—	—
Thereafter		—	—
	$	5,000	2.41	%