Borrowed Funds (Tables)

12 Months Ended

Dec. 31, 2021

Borrowed Funds [Abstract]

Summary of Short-term Borrowings

The following is a summary of short-term borrowings at December 31, 2021 and 2020 with original maturities of less than one year:

(Dollars in thousands)	2021		2020
Securities sold under agreements to repurchase:
Outstanding at end of year	$	57,699	$	49,160
Weighted average interest rate at year end		0.15%		0.19%
Maximum amount outstanding as of any month end	$	72,396	$	55,290
Average amount outstanding	$	57,697	$	46,519
Approximate weighted average rate during the year		0.15%		0.20%

Summary of Long-term Borrowings

(In thousands)	2021		2020
FHLB advances, 0.00% at December 31, 2021 and bearing fixed interest rates ranging from 1.37% to 2.90% at December 31, 2020	$	—	$	70,000
Junior subordinated debt		30,929		30,929
Total long-term debt	$	30,929	$	100,929

Contractual Maturities of Long-term Borrowings

	2021
	Fixed		Floating
(in thousands)	Rate		Rate		Total
Due in 2022		—		—		—
Due in 2023		—		—		—
Due in 2024		—		—		—
Due in 2025		—		—		—
Due in 2026		—		—		—
Thereafter		—		30,929		30,929
Total long-term debt	$	—	$	30,929	$	30,929

Schedule of Pledged Collateral on Line of Credit

1-4 family mortgage loans	$	125,428
Commercial loans		38,174
Multi-family loans		8,522
Home equity loans		19,456
	$	191,580