XML 38 R24.htm IDEA: XBRL DOCUMENT v3.21.1
BORROWED FUNDS (Tables)
3 Months Ended
Mar. 31, 2021
Debt Disclosure [Abstract]  
Schedule of Borrowed Funds

March 31, 2021

December 31, 2020

 

Weighted

Weighted

(dollars in thousands)

    

Carrying Value

    

Average Rate

Carrying Value

    

Average Rate

 

Short-term borrowings

  

  

  

  

 

Advances from the FHLB

$

85,329

 

0.51

%  

$

65,676

 

1.19

%

Other borrowings

 

24,276

 

0.16

 

27,779

 

0.15

Total short-term borrowings

 

109,605

 

0.26

 

93,455

 

0.44

Long-term borrowings

 

  

 

  

 

  

 

  

Advances from the FHLB

 

182,605

 

1.73

 

182,607

 

1.73

Subordinated borrowings

 

60,003

 

4.45

 

59,961

 

4.34

Total long-term borrowings

 

242,608

 

2.40

 

242,568

 

2.37

Total

$

352,213

 

1.20

%  

$

336,023

 

1.41

%

Summary of Maturities of FHLB Advances

March 31, 2021

 

    

    

Weighted Average

 

(in thousands, except rates)

Amount

 Rate

 

2021

$

85,329

 

0.51

%

2022

 

75,000

 

1.87

2023

 

80,000

 

1.77

2024

 

7,300

 

1.16

2025

 

20,000

 

1.21

2026 and thereafter

 

305

 

1.79

Total FHLB advances

$

267,934

 

1.34

%