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Repurchase Agreements (Tables)
3 Months Ended
Mar. 31, 2024
Repurchase Agreements [Abstract]  
Remaining Contractual Maturity of Securities Sold Under Agreements to Repurchase by Class of Collateral Pledged

The remaining contractual maturity of the securities sold under agreements to repurchase by class of collateral pledged included in the accompanying consolidated balance sheets as of March 31, 2024 and December 31, 2023 is presented in the following tables:

 
March 31, 2024
 
   
Remaining Contractual Maturity of the Agreements
 
(in thousands)
 
Overnight
and
Continuous
   
Up to
30 days
   
30-90 days
   
Greater
Than
90 days
   
Total
 
Repurchase agreements and repurchase-to-maturity transactions:
                             
U.S. Treasury and government agencies
 
$
22,889
   
$
0
   
$
22,000
   
$
4,673
   
$
49,562
 
State and political subdivisions
   
103,406
     
0
     
0
     
11,072
     
114,478
 
U.S. government sponsored agency mortgage-backed securities
   
18,425
     
0
     
0
     
48,209
     
66,634
 
Asset-backed securities
    3,997       0       0       0       3,997  
Total
 
$
148,717
   
$
0
   
$
22,000
   
$
63,954
   
$
234,671
 

 
December 31, 2023
 
   
Remaining Contractual Maturity of the Agreements
 
(in thousands)
 
Overnight
and
Continuous
   
Up to
30 days
   
30-90 days
   
Greater
Than
90 days
   
Total
 
Repurchase agreements and repurchase-to-maturity transactions:
                             
U.S. Treasury and government agencies
 
$
21,156
   
$
19
   
$
1,817
   
$
23,640
   
$
46,632
 
State and political subdivisions
   
98,053
     
481
     
5,962
     
3,219
     
107,715
 
U.S. government sponsored agency mortgage-backed securities
   
17,538
     
0
     
41,521
     
9,269
     
68,328
 
Asset-backed securities
    2,570       0       0       0       2,570  
Total
 
$
139,317
   
$
500
   
$
49,300
   
$
36,128
   
$
225,245