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FHLB Advances and Other Borrowings (Tables)
 12 Months Ended
Dec. 31, 2024
Advance from Federal Home Loan Bank [Abstract]  
Schedule of Borrowings, Debt and Repurchase Agreements Information regarding each of these types of borrowings or other indebtedness is as follows:
 December 31,
 20242023
PrincipalUnamortized Discount and Debt Issuance CostsPrincipalUnamortized Discount and Debt Issuance Costs
Long-term Advances from Federal Home Loan Bank collateralized by qualifying mortgages, investment securities, and mortgage-backed securities$75,000 $— $50,000 $— 
Junior Subordinated Debentures assumed from American Community Bancorp, Inc.8,248 (1,573)8,248 (1,723)
Junior Subordinated Debentures assumed from River Valley Bancorp, Inc.7,217 (871)7,217 (977)
Junior Subordinated Debentures assumed from Citizens First Corporation5,155 (787)5,155 (853)
Junior Subordinated Debentures assumed from Citizens Union Bancorp of Shelbyville, Inc.20,600 (1,751)20,600 (1,885)
Subordinated Debentures40,000 (372)40,000 (455)
Finance Lease Obligation2,403 — 2,642 — 
Long-term Borrowings158,623 (5,354)133,862 (5,893)
Overnight Variable Rate Advances from Federal Home Loan Bank collateralized by qualifying mortgages, investment securities, and mortgage-backed securities— — — — 
Federal Funds Purchased— — 25,000 — 
Repurchase Agreements56,862 — 40,968 — 
Short-term Borrowings56,862 — 65,968 — 
Total Borrowings$215,485 $(5,354)$199,830 $(5,893)
Schedule of Repurchase Agreements
 20242023
Average Daily Balance During the Year$47,187 $51,474 
Average Interest Rate During the Year1.50 %1.16 %
Maximum Month-end Balance During the Year$68,228 $60,055 
Weighted Average Interest Rate at Year-end1.27 %1.44 %
Schedule of Principal Payments on Long-Term Borrowings
At December 31, 2024, scheduled principal payments on long-term borrowings, excluding the capitalized lease obligation and acquired subordinated debentures (which are discussed below) are as follows:
2025$— 
2026— 
2027— 
2028— 
202975,000 
Thereafter39,628 
Total$114,628 
Schedule of Issuance of Subordinated Debentures
The following table summarizes the terms of each issuance:
Date of
Issuance		Issuance
Amount		Carrying
Amount at
December 31, 2024
Variable Rate (1)
Rate as of
December 31, 2024
Rate as of
December 31, 2023 (2)
Maturity
Date
ACB Trust I5/6/2005$5,155 $4,197 
3-Month SOFR + 2.15%
6.74 %7.74 %May 2035
ACB Trust II7/15/20053,093 2,478 
3-Month SOFR + 1.85%
6.63 %7.49 %July 2035
RIVR Statutory Trust I3/26/20037,217 6,346 
3-Month SOFR + 3.15%
8.07 %8.77 %March 2033
Citizens First Statutory Trust I10/16/20065,155 4,368 
3-Month SOFR +1.65%
6.50 %7.31 %January 2037
CUB Capital Trust I10/21/200410,310 9,691 
3-Month SOFR +2.00%
6.78 %7.64 %November 2034
CUB Capital Trust II8/17/200510,310 9,158 
3-Month SOFR +1.50%
7.06 %7.16 %October 2035

(1)    “3-Month SOFR” refers to the three-month CME Term SOFR, which became effective following the first London banking day after June 30, 2023, plus the applicable spread adjustment of 0.26161% percent.
(2)    Prior to CME Term SOFR becoming effective, the variable rate was based upon LIBOR rates and tenors. See Replacement of LIBOR Benchmark below for additional information.