Borrowed Funds (Tables)

3 Months Ended

Mar. 31, 2026

Borrowed Funds

Schedule of Borrowings

(in thousands)	March 31, 2026		December 31, 2025
Short-term borrowings:
Securities sold under agreements to repurchase:
Outstanding at end of period	$	19,588	$	17,661
Weighted average interest rate at end of period		0.24%		0.22%
Maximum amount outstanding as of any month end	$	25,874	$	26,756
Average amount outstanding	$	20,436	$	19,565
Approximate weighted average rate during the period		0.24%		0.22%
Long-term borrowings:
FHLB advances, bearing fixed interest rate of 3.84% at December 31, 2025	$	-	$	65,000
Junior subordinated debt, bearing variable interest rate of 6.69% at March 31, 2026 and 6.72% at December 31, 2025		30,929		30,929
Total borrowings outstanding	$	50,517	$	113,590

Summary of Contractual Maturities of Long-term Borrowings

	March 31, 2026						December 31, 2025
(in thousands)	Fixed Rate		Floating Rate		Total		Fixed Rate		Floating Rate		Total
Due in 2026	$	—	$	—	$	—	$	65,000	$	—	$	65,000
Due in 2027		—		—		—		—		—		—
Thereafter		—		30,929		30,929		—		30,929		30,929
Total long-term debt	$	—	$	30,929	$	30,929	$	65,000	$	30,929	$	95,929