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Borrowings (Tables) | 6 Months Ended
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Jun. 30, 2022
Debt Disclosure [Abstract] |
Schedule of Debt | The following tables present information regarding the Company’s outstanding borrowings at June 30, 2022 and December 31, 2021 ($ in thousands).
Description |  | Due date |  | Call Feature |  | June 30, 2022 |  | Interest Rate
FHLB Principal Reducing Credit |  | 7/24/2023 |  | None |  | $ | 56 |  |  | 1.00% fixed
FHLB Principal Reducing Credit |  | 12/22/2023 |  | None |  | 932 |  |  | 1.25% fixed
FHLB Principal Reducing Credit |  | 6/26/2028 |  | None |  | 219 |  |  | 0.25% fixed
FHLB Principal Reducing Credit |  | 7/17/2028 |  | None |  | 40 |  |  | 0.00% fixed
FHLB Principal Reducing Credit |  | 8/18/2028 |  | None |  | 163 |  |  | 1.00% fixed
FHLB Principal Reducing Credit |  | 8/22/2028 |  | None |  | 163 |  |  | 1.00% fixed
FHLB Principal Reducing Credit |  | 12/20/2028 |  | None |  | 335 |  |  | 0.50% fixed
Trust Preferred Securities |  | 1/23/2034 |  | Quarterly by Company beginning 1/23/2009 |  | 10,310 |  |  | 3.94% at 6/30/22 adjustable rate 3 month LIBOR + 2.65%
Trust Preferred Securities |  | 1/23/2034 |  | Quarterly by Company beginning 1/23/2009 |  | 10,310 |  |  | 4.04% at 6/30/22 adjustable rate 3 month LIBOR + 2.75%
Trust Preferred Securities |  | 9/20/2034 |  | Quarterly by Company beginning 9/20/2009 |  | 12,372 |  |  | 4.25% at 6/30/22 adjustable rate 3 month LIBOR + 2.15%
Trust Preferred Securities |  | 1/7/2035 |  | Quarterly by Company beginning 1/7/2010 |  | 10,310 |  |  | 3.04% at 6/30/22 adjustable rate 3 month LIBOR + 2.00%
Trust Preferred Securities |  | 6/15/2036 |  | Quarterly by Company beginning 6/15/2011 |  | 25,774 |  |  | 3.22% at 6/30/22 adjustable rate 3 month LIBOR + 1.39%
Total borrowings / weighted average rate as of June 30, 2022 |  | 70,984 |  |  | 3.53%
Unamortized discount on acquired borrowings |  |  |  | (3,539) |  |  |
Total borrowings |  |  |  |  |  | $ | 67,445 |  |  |
Description |  | Due date |  | Call Feature |  | December 31, 2021 |  | Interest Rate
FHLB Principal Reducing Credit |  | 7/24/2023 |  | None |  | $ | 79 |  |  | 1.00% fixed
FHLB Principal Reducing Credit |  | 12/22/2023 |  | None |  | 952 |  |  | 1.25% fixed
FHLB Principal Reducing Credit |  | 6/26/2028 |  | None |  | 225 |  |  | 0.25% fixed
FHLB Principal Reducing Credit |  | 7/17/2028 |  | None |  | 44 |  |  | 0.00% fixed
FHLB Principal Reducing Credit |  | 8/18/2028 |  | None |  | 166 |  |  | 1.00% fixed
FHLB Principal Reducing Credit |  | 8/22/2028 |  | None |  | 166 |  |  | 1.00% fixed
FHLB Principal Reducing Credit |  | 12/20/2028 |  | None |  | 342 |  |  | 0.50% fixed
Trust Preferred Securities |  | 1/23/2034 |  | Quarterly by Company beginning 1/23/2009 |  | 10,310 |  |  | 2.78% at 12/31/21 adjustable rate 3 month LIBOR + 2.65%
Trust Preferred Securities |  | 1/23/2034 |  | Quarterly by Company beginning 1/23/2009 |  | 10,310 |  |  | 2.88% at 12/31/21 adjustable rate 3 month LIBOR + 2.75%
Trust Preferred Securities |  | 9/20/2034 |  | Quarterly by Company beginning 9/20/2009 |  | 12,372 |  |  | 2.72% at 12/31/21 adjustable rate 3 month LIBOR + 2.15%
Trust Preferred Securities |  | 1/7/2035 |  | Quarterly by Company beginning 1/7/2010 |  | 10,310 |  |  | 2.12% at 12/31/21 adjustable rate 3 month LIBOR + 2.00%
Trust Preferred Securities |  | 6/15/2036 |  | Quarterly by Company beginning 6/15/2011 |  | 25,774 |  |  | 1.59% at 12/31/21 adjustable rate 3 month LIBOR + 1.39%
Total borrowings / weighted average rate as of December 31, 2021 |  | 71,050 |  |  | 2.24%
Unamortized discount on acquired borrowings |  |  |  | (3,664) |  |  |
Total borrowings |  |  |  |  |  | $ | 67,386 |  |  |

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- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
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