XML 25 R15.htm IDEA: XBRL DOCUMENT v3.25.3
Note 7 - Borrowings
 9 Months Ended
Sep. 30, 2025
Notes to Financial Statements  
Debt Disclosure [Text Block]

Note 7. Borrowings

 

The following table presents the components of borrowings as of the dates indicated:

 

  

September 30, 2025

  

December 31, 2024

 
      

Weighted

      

Weighted

 

(Amounts in thousands)

 

Balance

  

Average Rate

  

Balance

  

Average Rate

 

Retail repurchase agreements

 $1,429   0.06% $906   0.05%

 

Repurchase agreements are secured by certain securities that remain under the Company’s control during the terms of the agreements.

 

The Company had no long-term borrowings as of September 30, 2025, or  December 31, 2024.

 

Unused borrowing capacity with the FHLB totaled $313.58 million, net of FHLB letters of credit of $124 million, as of September 30, 2025. As of September 30, 2025, the Company maintains $437.58 million in qualifying loans to secure the FHLB borrowing capacity.