v3.22.0.1

Borrowed Funds (Tables)

12 Months Ended

Dec. 31, 2021

Debt Disclosure [Abstract]

Schedule of Debt

As of December 31, 2021 and 2020, the Company was indebted as follows:

						2021												2020
(dollars in thousands)						Balance						Interest						Balance						Interest
FHLB fixed rate advance due October 16, 2025						$	22,000					0.93		%				$	22,000					0.93		%
Junior subordinated debentures due June 15, 2036						$	2,062					2.07		%				$	2,062					2.09		%
Other subordinated notes due November 30, 2030						10,000						5.00						10,000						5.00
FRB advances under the SBA-PPP Liquidity Facility						—						—						1,954						—
Total - Other borrowed funds						$	12,062											$	14,016

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- Definition

Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation.

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