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SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE (Tables)

12 Months Ended

Dec. 31, 2021

SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE

Schedule of Information pertaining to securities sold under agreements to repurchase

​

​	​	​	​	​	​	​	​
​		December 31, 2021			December 31, 2020		​
​	​	(dollars in thousands)					​
Balance at end of year	​	$	61,256	​	$	45,736	​
Weighted average rate as of end of year	​	​	0.07	%	​	0.06	%
Fair value of securities underlying the agreements	​	$	64,164	​	$	62,472	​
Carrying value of securities underlying the agreements	​	$	64,262	​	$	62,415	​

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The entire disclosure for repurchase agreements.

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