XML 53 R43.htm IDEA: XBRL DOCUMENT v3.23.2
BORROWINGS AND RELATED INTEREST (Tables)
6 Months Ended
Jun. 30, 2023
Debt Disclosure [Abstract]  
Schedule of Federal Home Loan Bank Advances
The following table shows a summary of the advances and their terms, excluding accrued interest in the amount of $861 thousand and $103 thousand at June 30, 2023 and December 31, 2022, respectively:
June 30,December 31,
20232022
(In thousands)
Short-term fixed-rate advances from FHLB, with a weighted average interest rate of 5.54% (December 31, 2022 - 4.46%)
$25,646 $26,613 
Long-term fixed-rate advance from FHLB, with a weighted average interest rate of 4.52%
200,000 — 
$225,646 $26,613 
Advances from FHLB mature as follows:
June 30,December 31,
20232022
(In thousands)
Under 90 days$25,646 $26,613 
Over one to three years200,000 — 
$225,646 $26,613