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Advances from Federal Home Loan Bank (Tables) | 12 Months Ended
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Dec. 31, 2022
Advances from Federal Home Loan Bank [Abstract] |
Federal Home Loan Bank Advances | Federal Home Loan Bank (“FHLB”) advances consisted of the following monthly amortizing borrowings at December 31:
(in thousands) |  | 2022 |  |  | 2021 |
Monthly amortizing |  | $ | 355 |  |  | $ | 375 |
Total FHLB advances |  | $ | 355 |  |  | $ | 375 |
Advances from Federal Home Loan Bank Requiring Monthly Principal Payment Basis | The advances from the FHLB that require monthly principal payments were due for repayment as follows:
|  | Principal Payments Due by Period at December 31, 2022 |
(in thousands) |  | Total |  |  | Within 1 Year |  |  | 2 Years |  |  | 3 Years |  |  | 4 Years |  |  | 5 Years |  |  | After 5 Years |
Outstanding advances, weighted average interest rate – 0.05% |  | $ | 355 |  |  | $ | 22 |  |  | $ | 20 |  |  | $ | 21 |  |  | $ | 20 |  |  | $ | 21 |  |  | $ | 251 |

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