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Borrowings (Tables)
12 Months Ended
Dec. 31, 2024
Debt Disclosure [Abstract]  
Components of Outstanding Borrowings Outstanding borrowings consisted of the following as of December 31 (in thousands):

 

 

2024

 

 

2023

 

Short-term borrowings:

 

 

 

 

 

 

FHLB

 

$

99,000

 

 

$

107,000

 

FRB

 

 

-

 

 

 

78,000

 

Total short-term borrowings

 

 

99,000

 

 

 

185,000

 

Long-term borrowings:

 

 

 

 

 

 

FHLB

 

 

50,000

 

 

 

50,000

 

Subordinated notes, net

 

 

74,842

 

 

 

74,532

 

Total long-term borrowings

 

 

124,842

 

 

 

124,532

 

Total borrowings

 

$

223,842

 

 

$

309,532