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BORROWINGS (Tables)
3 Months Ended
Mar. 31, 2026
BORROWINGS  
Schedule of Short-term borrowings and weighted-average interest rates

(Dollars in thousands)

March 31, 2026

December 31, 2025

 

Average

Average

 

  ​ ​ ​

Amount

  ​ ​ ​

Rate

  ​ ​ ​

Amount

  ​ ​ ​

Rate

 

  ​ ​ ​

Federal funds purchased

 

$

%  

$

 

5.49

%

 

Securities sold under agreements to repurchase

 

36,084

3.56

%  

 

36,845

 

3.84

%

Federal Discount Window

 

%  

 

 

4.50

%

Federal Home Loan Bank of Pittsburgh

 

100,000

4.02

%  

 

100,000

 

4.64

%

Total

$

136,084

3.89

%  

$

136,845

 

4.45

%

Schedule of the repurchase agreements subject to enforceable master netting arrangements

(Dollars in thousands)

Gross Amounts Not Offset in the Consolidated Balance Sheet

Gross

Net Amounts

Amounts

of Liabilities

Gross

Offset in the

Presented

Amounts of

Consolidated

in the

Cash

Recognized

Balance

Consolidated

Financial

Collateral

Net

Liabilities

Sheet

Balance Sheet

Instruments

Pledge

Amount

March 31, 2026

 

  ​

 

  ​

 

  ​

 

  ​

 

  ​

 

  ​

Repurchase agreements (a)

$

36,084

$

$

36,084

$

(36,084)

$

$

 

  ​

 

  ​

 

  ​

 

  ​

 

  ​

 

  ​

December 31, 2025

 

  ​

 

  ​

 

  ​

 

  ​

 

  ​

 

  ​

Repurchase agreements (a)

$

36,845

$

$

36,845

$

(36,845)

$

$

(a)As of March 31, 2026 and December 31, 2025, the fair value of securities pledged in connection with repurchase agreements was $43,011,000 and $44,220,000, respectively.
Schedule of the remaining contractual maturity of the master netting arrangement or repurchase agreements

(Dollars in thousands)

Remaining Contractual Maturity of the Agreements

Overnight

Greater

Greater

and

Up to

30 -90

than

Continuous

30 days

Days

90 Days

Total

March 31, 2026:

Repurchase agreements and repurchase-to-maturity transactions:

 

  ​

 

  ​

 

  ​

 

  ​

 

  ​

U.S. Treasury and/or agency securities

$

36,084

$

$

$

$

36,084

Total

$

36,084

$

$

$

$

36,084