BORROWED FUNDS (Tables)

3 Months Ended

Mar. 31, 2023

BORROWED FUNDS

Schedule of short term borrowings

(In Thousands)	March 31,		December 31,
	2023		2022
FHLB-Pittsburgh borrowings	$	91,000	$	77,000
Customer repurchase agreements		2,396		3,062
Total short-term borrowings	$	93,396	$	80,062

Schedule of long term borrowings

(In Thousands)	March 31,		December 31,
	2023		2022
Loan maturing in 2023 with a rate of 3.25%	$	2,290	$	9,303
Loans maturing in 2024 with a weighted-average rate of 2.89%		29,803		29,813
Loans maturing in 2025 with a weighted-average rate of 4.04%		28,205		23,231
Loans maturing in 2026 with a weighted-average rate of 4.67%		12,372		0
Loans maturing in 2027 with a weighted-average rate of 4.00%		24,031		0
Loan maturing in 2028 with a rate of 3.72%		2,000		0
Total long-term FHLB-Pittsburgh borrowings	$	98,701	$	62,347

Schedule of outstanding senior notes

(In Thousands)	March 31,		December 31,
	2023		2022
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	$	14,781	$	14,765
Total carrying value	$	14,781	$	14,765

Schedule of outstanding subordinated debt

(In Thousands)	March 31,		December 31,
	2023		2022
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	$	24,634	$	24,607
Total carrying value	$	24,634	$	24,607