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Borrowed Funds (Tables)
3 Months Ended
Mar. 31, 2023
Borrowed Funds [Abstract]  
Schedule of borrowings

The following is a summary of borrowings:

(Dollars in thousands)

Three Months
Ended
March 31, 2023

Year Ended
December 31, 2022

Securities sold under agreements to repurchase:

Outstanding at end of period

$

52,030

$

64,565

Weighted average interest rate at end of period

0.22%

0.12%

Maximum amount outstanding as of any month end

$

53,892

$

75,912

Average amount outstanding

$

57,364

$

63,182

Approximate weighted average rate during the period

0.22%

0.12%

FHLB advances, bearing fixed interest at rates ranging from 4.53% to 4.69% at March 31, 2023

$

80,000

$

-

Junior subordinated debt, bearing variable interest rate of 7.66% at March 31, 2023 and 7.49% at December 31, 2022

$

30,929

$

30,929