Federal Funds Purchased and Securities Sold Under Agreements to Repurchase

3 Months Ended

Mar. 31, 2022

Brokers And Dealers [Abstract]

Federal Funds Purchased and Securities Sold Under Agreements to Repurchase

NOTE 7 FEDERAL FUNDS PURCHASED AND SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE

The Company had no federal funds purchased as of March 31, 2022 and December 31, 2021.  During the same time periods, the Company had $31.7 million and $29.3 million in securities sold under agreement to repurchase.

	March 31, 2022
	Remaining Contractual Maturity of the Agreements (In Thousands)
	Overnight & Continuous		Up to 30 days		30-90 days		Greater Than 90 days		Total
Repurchase agreements
US Treasury & agency securities	$	1,009	$	-	$	20,806	$	9,865	$	31,680
Total	$	1,009	$	-	$	20,806	$	9,865	$	31,680

	December 31, 2021
	Remaining Contractual Maturity of the Agreements (In Thousands)
	Overnight & Continuous		Up to 30 days		30-90 days		Greater Than 90 days		Total
Repurchase agreements
US Treasury & agency securities	$	1,062	$	-	$	3,900	$	24,306	$	29,268
Total	$	1,062	$	-	$	3,900	$	24,306	$	29,268