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Borrowings (Tables)

9 Months Ended

Sep. 30, 2023

Borrowings

Summary of short-term borrowings

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At and for the nine months ended September 30, 2023

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Weighted

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Weighted

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Maximum

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Average

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Average

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Ending

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Average

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Month-End

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Rate for

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Rate at End

(Dollars in thousands, except percents)

Balance

Balance

Balance

the Year

of the Period

Other borrowings

$

27,020

$

17,495

$

27,020

5.03

%

5.33

%

FHLB advances

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25,630

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158,000

4.86

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Total short-term borrowings

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$

27,020

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$

43,125

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$

185,020

4.93

%

5.33

%

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At and for the year ended December 31, 2022

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Weighted

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Weighted

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Maximum

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Average

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Average

​

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Ending

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Average

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Month-End

​

Rate for

​

Rate at End

(Dollars in thousands, except percents)

Balance

Balance

Balance

the Year

of the Year

Other borrowings

$

14,530

$

10,033

$

16,100

2.10

%

4.30

%

FHLB advances

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100,400

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32,647

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125,975

2.73

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4.45

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Total short-term borrowings

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$

114,930

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$

42,680

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$

142,075

2.58

%

4.43

%

Schedule of long-term debt consisting of advances

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​	​	​	​	​	​	​	​	​	​	​
​	​	Interest Rate	​		​	​		​	​
(Dollars in thousands, except percents)		Fixed	​	​	​	September 30, 2023	​	​	December 31, 2022
March 2023	​	4.69	%	​	$	​	​	$	555	​
March 2025	​	4.37	​	​	​	10,000	​	​	​	​
March 2026	​	4.20	​	​	​	15,000	​	​	​	​
​	​	​	​	​	$	25,000	​	$	555	​

Schedule of maturities of long-term debt

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(Dollars in thousands)	​	​	​	​
2025	​	$	10,000	​
2026	​		15,000	​
​	​	$	25,000	​

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Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

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