XML 56 R43.htm IDEA: XBRL DOCUMENT v3.22.0.1
Short-term Borrowings (Tables)
12 Months Ended
Dec. 31, 2021
Short Term Borrowings [Abstract]  
Summary of Short-Term Borrowed Funds

The following table outlines Mid Penn’s short-term borrowed funds at or for the years ended December 31, 2021 and 2020. The maximum balance represents the highest indebtedness for each category of short-term borrowed funds at any month-end during each of the years shown.

 

(Dollars in thousands)

December 31,

 

 

 

2021

 

 

2020

 

FRB PPPLF borrowings:

 

 

 

 

 

 

 

 

Balance at year end

 

$

 

 

$

125,617

 

Weighted average rate at year end

 

 

 

 

 

0.35

%

Maximum month-end balance

 

$

307,753

 

 

$

203,937

 

Average daily balance during the year

 

$

140,909

 

 

$

106,233

 

Weighted average rate during the year

 

 

0.35

%

 

 

0.35

%