BORROWED FUNDS (Tables)

9 Months Ended

Sep. 30, 2022

BORROWED FUNDS

Schedule of short term borrowings

(In Thousands)	September 30,		December 31,
	2022		2021
FHLB-Pittsburgh borrowings	$	0	$	0
Customer repurchase agreements		2,457		1,803
Total short-term borrowings	$	2,457	$	1,803

Schedule of long term borrowings

(In Thousands)	September 30,		December 31,
	2022		2021
Loans maturing in 2022 with a weighted-average rate of 0.61%	$	4,013	$	15,452
Loans maturing in 2023 with a weighted-average rate of 1.35%		9,330		7,119
Loans maturing in 2024 with a weighted-average rate of 2.89%		29,822		5,099
Loans maturing in 2025 with a weighted-average rate of 3.38%		12,298		372
Total long-term FHLB-Pittsburgh borrowings	$	55,463	$	28,042

Schedule of outstanding senior notes

(In Thousands)	September 30,		December 31,
	2022		2021
Senior Notes with an aggregate par value of $15,000,000; bearing interest at 2.75% with an effective interest rate of 3.23%; maturing in June 2026	$	14,749	$	14,701
Total carrying value	$	14,749	$	14,701

Schedule of outstanding subordinated debt

(In Thousands)	September 30,		December 31,
	2022		2021
Agreements with an aggregate par value of $6,500,000; bearing interest at 6.50%; maturing in April 2027 and redeemed at par in April 2022	$	0	$	6,500
Agreement with a par value of $2,000,000; bearing interest at 6.50% with an effective interest rate of 5.60%; maturing in July 2027 and redeemed at par in June 2022		0		2,008
Agreements with a par value of $25,000,000; bearing interest at 3.25% with an effective interest rate of 3.74%; maturing in June 2031 and redeemable at par in June 2026		24,580		24,501
Total carrying value	$	24,580	$	33,009