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Repurchase Agreements (Tables)

12 Months Ended

Dec. 31, 2023

Disclosure of Repurchase Agreements [Abstract]

Schedule of Repurchase Agreements Accounted as Secured Borrowings

The following table shows repurchase agreements accounted for as secured borrowings and the related securities, at fair value, pledged for repurchase agreements:


	December 31, 2023
	Remaining Contractual Maturity of the Agreements
	Overnight and Continuous		Up to 30 Days		30–90 Days		Greater Than 90 Days		Total
Repurchase Agreements and repurchase–to–maturity transactions
Federal agency collateralized mortgage obligations	$	2,245	$	—	$	—	$	—	$	2,245
Federal agency mortgage–backed pools	126,349		—		—		—		126,349
Private labeled mortgage–backed pools	7,436		—		—		—		7,436
Total borrowings	$	136,030	$	—	$	—	$	—	$	136,030


	December 31, 2022
	Remaining Contractual Maturity of the Agreements
	Overnight and Continuous		Up to 30 Days		30–90 Days		Greater Than 90 Days		Total
Repurchase Agreements and repurchase–to–maturity transactions
Federal agency collateralized mortgage obligations	$	12,632	$	—	$	—	$	—	$	12,632
Federal agency mortgage–backed pools	116,040		—		—		—		116,040
Private labeled mortgage–backed pools	9,199		—		—		—		9,199
Total borrowings	$	137,871	$	—	$	—	$	—	$	137,871

The prior year Repurchase Agreement note was revised to conform with current year financial statements. As a result, the securities pledged as collateral are presented by repurchase agreement rather than in total.