XML 35 R25.htm IDEA: XBRL DOCUMENT v3.24.3
Borrowings (Tables)
 9 Months Ended
Sep. 30, 2024
Borrowings [Abstract]  
Short-term Borrowings
The following table presents total short-term borrowings as of the dates indicated:

(dollars in thousands)
  
September 30, 2024
    
December 31, 2023
  
Overnight repurchase agreements
   $
1,777
     $
2,383  
Federal Home Loan Bank advances
     -       9,450  
Total short-term borrowings
  
$
1,777
    
$
11,833
  
                 
Maximum month-end outstanding balance (year-to-date)
  
$
41,682
    
$
84,360
  
Average outstanding balance during the period
  
$
44,432
    
$
53,466
  
Average interest rate (year-to-date)
    
4.49
%
     4.90 %
Average interest rate at end of period
    
0.01
%
    
5.65
%