Short-Term Borrowings and Long-Term Debt (Tables)

12 Months Ended

Dec. 31, 2022

Debt Disclosure [Abstract]

Schedule Related to the Classification of Debt Interest Rate

Rates and maturities on long-term advances and short-term borrowings were as follows:

	Fixed-Rate		Fixed-Rate Convertible
December 31, 2022
Highest rate	4.57	%	n/a
Lowest rate	4.57	%	n/a
Weighted average rate	4.57	%	n/a
Matures through	2023		n/a
December 31, 2021
Highest rate	2.75	%	0.79%
Lowest rate	1.00	%	0.79%
Weighted average rate	2.26	%	0.79%
Matures through	2036		2030

Schedule of Debt

Average rates of long-term debt and short-term borrowings were as follows:

(dollars in thousands)	At or for the Year Ended December 31,
	2022			2021
Long-term debt
Long-term debt outstanding at end of period	$	—		$	12,231
Weighted average rate on outstanding long-term debt	—		%	0.82		%
Maximum outstanding long-term debt of any month end	12,225			27,296
Average outstanding long-term debt	3,848			23,072
Approximate average rate paid on long-term debt	1.25		%	0.95		%
Short-term borrowings
Short-term borrowings outstanding at end of period	$	79,000		$	—
Weighted average rate on short-term borrowings	4.57		%	—		%
Maximum outstanding short-term borrowings at any month end	79,000			—
Average outstanding short-term borrowings	12,696			—
Approximate average rate paid on short-term borrowings	3.36		%	—		%