XML 98 R43.htm IDEA: XBRL DOCUMENT v3.24.0.1
Debt (Tables)
12 Months Ended
Dec. 31, 2023
Debt Disclosure [Abstract]  
Schedule of Short-term Debt
Schedule of Borrowings:
20232022
Balances at December 31:
FHLBNY Overnight Advances
20,000 27,000 
FHLBNY Term Advances
6,500 27,800 
Total Borrowings
$26,500 $54,800 
Maximum Borrowing Capacity at December 31:
Federal Funds Purchased$28,000 $52,000 
Federal Home Loan Bank of New York576,602 663,259 
Federal Reserve Bank of New York738,511 649,112 
Available Borrowing Capacity at December 31:
Federal Funds Purchased$28,000 $52,000 
Federal Home Loan Bank of New York550,102 608,458 
Federal Reserve Bank of New York738,511 649,112 
Schedule of Maturities of Long-term Debt
Maturity Schedule of FHLBNY Term Advances:
BalancesWeighted Average Rate
Final Maturity2023202220232022
First Year$4,250 $27,800 5.80 %2.70 %
Second Year2,250 — 5.38 %— %
Total$6,500 $27,800 5.66 %2.70 %
Schedule of Long-term Debt Instruments
Schedule of Guaranteed Preferred Beneficial Interests in Corporation's Junior Subordinated Debentures
20232022
ACST II
Balance at December 31,$10,000 $10,000 
Period End:
     Variable Interest Rate 8.74 %6.82 %
     Fixed Interest Rate resulting from cash flow hedge agreement 4.00 %4.00 %
ACST III
Balance at December 31,$10,000 $10,000 
Period End:
     Variable Interest Rate7.59 %5.67 %
     Fixed Interest Rate resulting from cash flow hedge agreement2.86 %2.86 %