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LONG-TERM DEBT
 6 Months Ended
Jun. 30, 2024
Debt Disclosure [Abstract]  
LONG-TERM DEBT LONG-TERM DEBT
The following table presents components of the Company’s long-term debt at June 30, 2024 and December 31, 2023:
 AmountWeighted Average Rate
June 30, 2024December 31, 2023June 30, 2024December 31, 2023
FHLB fixed rate advances maturing:
2025$15,000 $15,000 4.57 %4.57 %
202825,000 25,000 3.98 %3.98 %
Total FHLB Advances$40,000 $40,000 4.20 %4.20 %
The Bank is a member of the FHLB of Pittsburgh and has access to the FHLB program of overnight and term advances. Under terms of a blanket collateral agreement for advances, lines and letters of credit from the FHLB, collateral for all outstanding advances, lines and letters of credit consisted of 1-4 family mortgage loans and other real estate secured loans totaling $1.1 billion at both June 30, 2024 and December 31, 2023. The Bank had additional availability of $1.0 billion at the FHLB on June 30, 2024, based on its qualifying collateral, net of short-term borrowings and long-term debt detailed above, deposit letters of credit of $1.0 million and non-deposit letters of credit of $609 thousand at June 30, 2024. At December 31, 2023, the Bank had additional availability of $973.3 million at the FHLB and $609 thousand of non-deposit letters of credit. There were zero deposit letters of credit at December 31, 2023.
The Bank had available unsecured lines of credit, with interest based on the daily Federal Funds rate, with two correspondent banks totaling $20.0 million at June 30, 2024 and December 31, 2023. There were no borrowings under these lines of credit at June 30, 2024 and December 31, 2023.