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Borrowings (Tables)
6 Months Ended
Jun. 30, 2020
Borrowings  
Summary of short-term borrowings

At and for the six months ended June 30, 2020

Weighted

 

Maximum

Weighted

Average

 

Ending

Average

Month-End

Average

Rate at

 

    

Balance 

    

Balance 

    

Balance 

    

Rate

    

June 30, 2020

 

FHLB advances

$

50,000

$

117,784

$

164,150

 

1.15

%  

0.67

%

At and for the year ended December 31, 2019

 

Weighted

Weighted

 

Maximum

Average

Average

 

Ending

Average

Month-End

Rate for

Rate at End

 

    

Balance

    

Balance

    

Balance

    

the Year

    

of the Year

 

FHLB advances

$

152,150

$

62,941

$

152,150

 

2.61

%  

1.84

%

Schedule of long-term debt consisting of advances

Interest Rate 

 

Due

Fixed 

June 30, 2020

December 31, 2019

 

June 2020

 

1.74

%  

$

5,000

June 2020

2.22

 

 

6,000

December 2020

1.84

$

5,000

 

5,000

June 2021

1.99

10,000

10,000

April 2022

0.35

40,175

March 2023

4.69

5,763

6,733

$

60,938

$

32,733

Schedule of maturities of long-term debt

2020

    

$

5,992

2021

 

12,058

2022

 

42,333

2023

 

555

$

60,938