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Borrowings (Tables)
3 Months Ended
Mar. 31, 2024
Borrowings  
Summary of short-term borrowings

At and for the three months ended March 31, 2024

Weighted

Weighted

 

Maximum

Average

Average

 

Ending

Average

Month-End

Rate for

Rate at End

 

(Dollars in thousands, except percents)

    

Balance 

    

Balance 

    

Balance 

    

the Year

    

of the Period

 

Other borrowings

    

$

20,260

    

$

19,687

    

$

20,810

    

5.35

%  

5.33

%

FHLB advances

 

Total short-term borrowings

$

20,260

$

19,687

$

20,810

 

5.35

%  

5.33

%

At and for the year ended December 31, 2023

 

Weighted

Weighted

 

Maximum

Average

Average

 

Ending

Average

Month-End

Rate for

Rate at End

 

(Dollars in thousands, except percents)

    

Balance

    

Balance

    

Balance

    

the Year

    

of the Year

 

Other borrowings

    

$

17,590

    

$

19,160

    

$

28,470

    

5.54

%  

5.35

%

FHLB advances

19,171

158,000

 

4.48

Total short-term borrowings

$

17,590

$

38,331

$

186,470

 

5.01

%  

5.35

%

Schedule of long-term debt consisting of advances

Interest Rate 

    

    

 

(Dollars in thousands, except percents)

    

Fixed 

March 31, 2024

December 31, 2023

 

March 2025

4.37

%  

$

10,000

$

10,000

March 2026

4.20

15,000

15,000

$

25,000

$

25,000

Schedule of maturities of long-term debt

(Dollars in thousands)

2025

$

10,000

2026

 

15,000

$

25,000