XML 37 R27.htm IDEA: XBRL DOCUMENT
v3.22.2.2

Borrowings (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2022
Debt Disclosure [Abstract] |
Schedule of Debt | The following tables present information regarding the Company’s outstanding borrowings at September 30, 2022 and December 31, 2021 (dollars in thousands).
Description |  | Due date |  | Call Feature |  | September 30, 2022 |  | Interest Rate
FHLB Principal Reducing Credit |  | 7/24/2023 |  | None |  | $ | 44 |  |  | 1.00% fixed
FHLB Principal Reducing Credit |  | 12/22/2023 |  | None |  | 922 |  |  | 1.25% fixed
FHLB Principal Reducing Credit |  | 6/26/2028 |  | None |  | 216 |  |  | 0.25% fixed
FHLB Principal Reducing Credit |  | 7/17/2028 |  | None |  | 39 |  |  | 0.00% fixed
FHLB Principal Reducing Credit |  | 8/18/2028 |  | None |  | 161 |  |  | 1.00% fixed
FHLB Principal Reducing Credit |  | 8/22/2028 |  | None |  | 161 |  |  | 1.00% fixed
FHLB Principal Reducing Credit |  | 12/20/2028 |  | None |  | 332 |  |  | 0.50% fixed
FHLB Daily Rate Credit |  | 8/23/2023 |  | None |  | 34,000 |  |  | 3.32% fixed
FHLB Fixed Rate Credit |  | 10/27/2022 |  | None |  | 50,000 |  |  | 3.11% fixed
FHLB Fixed Rate Credit |  | 10/13/2022 |  | None |  | 75,000 |  |  | 3.03% fixed
Trust Preferred Securities |  | 1/23/2034 |  | Quarterly by Company beginning 1/23/2009 |  | 10,310 |  |  | 5.43% at 9/30/22 adjustable rate 3 month LIBOR + 2.65%
Trust Preferred Securities |  | 1/23/2034 |  | Quarterly by Company beginning 1/23/2009 |  | 10,310 |  |  | 5.53% at 9/30/22 adjustable rate 3 month LIBOR + 2.75%
Trust Preferred Securities |  | 9/20/2034 |  | Quarterly by Company beginning 9/20/2009 |  | 12,372 |  |  | 5.68% at 9/30/22 adjustable rate 3 month LIBOR + 2.15%
Trust Preferred Securities |  | 1/7/2035 |  | Quarterly by Company beginning 1/7/2010 |  | 10,310 |  |  | 4.51% at 9/30/22 adjustable rate 3 month LIBOR + 2.00%
Trust Preferred Securities |  | 6/15/2036 |  | Quarterly by Company beginning 6/15/2011 |  | 25,774 |  |  | 4.68% at 9/30/22 adjustable rate 3 month LIBOR + 1.39%
Total borrowings / weighted average rate as of September 30, 2022 |  | 229,951 |  |  | 3.69%
Unamortized discount on acquired borrowings |  |  |  | (3,475) |  |  |
Total borrowings |  |  |  |  |  | $ | 226,476 |  |  |
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 |  |  |

X
- References No definition available. + Details
Name: | us-gaap_DebtDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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
Name: | us-gaap_ScheduleOfDebtTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration