XML 53 R42.htm IDEA: XBRL DOCUMENT v3.23.1
Borrowed Funds (Tables)
12 Months Ended
Dec. 31, 2022
Borrowed Funds [Abstract]  
Summary of Short-term Borrowings

The following is a summary of short-term borrowings at December 31, 2022 and 2021 with original maturities of less than one year:

(Dollars in thousands)

    

2022

    

2021

Securities sold under agreements to repurchase:

Outstanding at end of year

$

64,565

$

57,699

Weighted average interest rate at year end

0.12%

0.15%

Maximum amount outstanding as of any month end

$

75,912

$

72,396

Average amount outstanding

$

63,182

$

57,697

Approximate weighted average rate during the year

0.12%

0.15%

Summary of Long-term Borrowings

(In thousands)

    

2022

    

2021

Junior subordinated debt

$

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

    

$

119,360

Commercial loans

47,415

Multi-family loans

19,564

Home equity loans

12,458

$

198,797