Borrowings (Tables)

12 Months Ended

Dec. 31, 2020

Borrowings [Abstract]

Short-term Borrowings

The following table presents total short-term borrowings as of the dates indicated (dollars in thousands):

(dollar in thousands)	December 31, 2020			December 31, 2019
Overnight repurchase agreements	$	6,619		$	11,452
Federal Home Loan Bank advances		-			-
Total short-term borrowings	$	6,619		$	11,452
Maximum month-end outstanding balance	$	9,080		$	38,138
Average outstanding balance during the period	$	21,092		$	27,382
Average interest rate (year-to-date)		0.19	%		0.71	%
Average interest rate at end of period		0.10	%		0.10	%

Long-term FHLB Advances Outstanding

At December 31, 2019, the Company had the following long-term FHLB advances outstanding (dollars in thousands).

Long-term Type	Interest Rate			Maturity Date	Advance Amount
Fixed Rate Hybrid		2.92	%	4/17/2020	$	10,000
Fixed Rate Hybrid		2.77	%	6/19/2020		10,000
Fixed Rate Hybrid		2.79	%	8/29/2020		3,500
Fixed Rate Hybrid		2.63	%	2/26/2021		5,000
Fixed Rate Hybrid		2.37	%	5/21/2021		5,000
Fixed Rate Hybrid		2.89	%	8/27/2021		3,500
					$	37,000