XML 49 R36.htm IDEA: XBRL DOCUMENT v3.24.1
SHORT-TERM BORROWINGS (Tables)
12 Months Ended
Dec. 31, 2023
SHORT-TERM BORROWINGS.  
Schedule of Short-term borrowings and weighted-average interest rates

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(Dollars in thousands)

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December 31, 2023

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​

December 31, 2022

 

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Average

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​

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​

Average

 

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​

    

Amount

    

Rate

    

​

Amount

    

Rate

 

    

Federal funds purchased

 

$

—

​

6.57

%  

​

$

—

 

—

%

 

Securities sold under agreements to repurchase

​

 

19,708

​

3.28

%  

​

 

20,368

 

0.84

%

​

Federal Discount Window

​

 

1

​

4.99

%  

​

 

—

 

2.78

%

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Federal Home Loan Bank of Pittsburgh

​

 

133,759

​

5.45

%  

​

 

133,050

 

2.82

%

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Total

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$

153,468

​

5.21

%  

​

$

153,418

 

2.21

%

​

Schedule of short-term borrowings subject to an enforceable master netting arrangement or repurchase agreements

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(Dollars in thousands)

    

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Gross

    

Net Amounts

    

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Amounts

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of Liabilities

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Offset

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Presented

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​

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​

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​

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Gross

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in the

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in the

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​

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​

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Amounts of

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Consolidated

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Consolidated

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​

​

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Cash

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​

​

​

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Recognized

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Balance

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Balance

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Financial

​

Collateral

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Net

​

​

Liabilities

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Sheet

​

Sheet

​

Instruments

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Pledge

​

Amount

December 31, 2023

 

​

  

 

​

  

 

​

  

 

​

  

 

​

  

 

​

  

Repurchase agreements (a)

​

$

19,708

​

$

—

​

$

19,708

​

$

(19,708)

​

$

—

​

$

—

​

​

 

  

​

 

  

​

 

  

​

 

  

​

 

  

​

 

  

December 31, 2022

​

 

  

​

 

  

​

 

  

​

 

  

​

 

  

​

 

  

Repurchase agreements (a)

​

$

20,368

​

$

—

​

$

20,368

​

$

(20,368)

​

$

—

​

$

—

(a)As of December 31, 2023 and 2022, the fair value of securities pledged in connection with repurchase agreements was $28,902,000 and $34,160,000, respectively.
Schedule of the remaining contractual maturity of the master netting arrangement or repurchase agreements

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(Dollars in thousands)

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Remaining Contractual Maturity of the Agreements

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Overnight

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​

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Greater

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Greater

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​

​

​

​

and

​

Up to

​

30 -90

​

than

​

​

​

​

​

Continuous

​

30 days

​

Days

​

90 Days

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Total

December 31, 2023:

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​

​

​

​

​

​

​

​

​

​

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Repurchase agreements and repurchase-to-maturity transactions:

 

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​

  

 

​

  

 

​

  

 

​

  

U.S. Treasury and/or agency securities

​

$

19,708

​

$

—

​

$

—

​

$

—

​

$

19,708

Total

​

$

19,708

​

$

—

​

$

—

​

$

—

​

$

19,708

​