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SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE (Tables)
12 Months Ended
Dec. 31, 2022
SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE  
Schedule of Information pertaining to securities sold under agreements to repurchase

    

December 31, 2022

    

December 31, 2021

(dollars in thousands)

Balance at end of year

$

43,081

$

61,256

Weighted average rate as of end of year

0.28

%

0.07

%

Fair value of securities underlying the agreements

$

50,771

$

64,164

Carrying value of securities underlying the agreements

$

55,850

$

64,262