Borrowed Funds, Subordinated Debentures and Derivatives (Tables)

12 Months Ended

Dec. 31, 2024

Borrowed Funds, Subordinated Debentures and Derivatives

Schedule of Debt

	2024				2023
(In thousands)	Amount		Rate		Amount		Rate
FHLB borrowings:
Non-overnight, fixed rate advances	$	20,504	4.36	%	$	109,438	3.86	%
Overnight advances		140,000	4.67			217,000	5.61
Puttable advances		60,000	3.70			30,000	3.91
Subordinated debentures:	$	10,310	6.19	%	$	10,310	7.21	%

Schedule of Maturities of Term Debt

(In thousands)	2025		2026		2027		2028		2029		Thereafter		Total
FHLB borrowings:
Non-overnight, fixed rate advances	$	10,504	$		$	—	$	10,000	$		$	—	$	20,504
Overnight advances		140,000		—		—		—		—		—		140,000
Puttable advances		—		—		—		20,000		40,000		—		60,000
Subordinated debentures:		—		—		—		—		—		10,310		10,310
Total borrowings	$	150,504	$	—	$	—	$	30,000	$	40,000	$	10,310	$	230,814

Summary of Interest Rate Swaps

(Dollars in thousands)	December 31, 2024			December 31, 2023
Notional amount	$	20,000		$	20,000
Fair value	$	139		$	918
Weighted average pay rate		0.83	%		0.83	%
Weighted average receive rate		5.12	%		5.27	%
Weighted average maturity in years		0.19			1.57
Number of contracts		1			1

Schedule of Derivative Instruments, Effect on Other Comprehensive Income (Loss)

	For the years ended December 31,
(In thousands)	2024		2023
Loss recognized in OCI
Gross of tax	$	(172)	$	(619)
Net of tax		(125)		(450)
Loss reclassified from AOCI into net income
Gross of tax		(925)		(899)
Net of tax		(671)		(635)