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SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE (Tables)
12 Months Ended
Dec. 31, 2021
SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE  
Schedule of Information pertaining to securities sold under agreements to repurchase

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December 31, 2021

    

December 31, 2020

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(dollars in thousands)

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Balance at end of year

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$

61,256

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$

45,736

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Weighted average rate as of end of year

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0.07

%

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0.06

%

Fair value of securities underlying the agreements

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$

64,164

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$

62,472

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Carrying value of securities underlying the agreements

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$

64,262

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$

62,415

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