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Borrowings (Tables)

6 Months Ended

Jun. 30, 2024

Borrowings

Summary of short-term borrowings

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At and for the six months ended June 30, 2024

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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

$

20,350

$

20,861

$

25,050

5.39

%

5.33

%

FHLB advances

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83,900

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11,674

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83,900

5.78

​

5.67

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Total short-term borrowings

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$

104,250

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$

32,535

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$

108,950

5.53

%

5.60

%

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At and for the year ended December 31, 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

​

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

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19,171

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158,000

4.48

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Total short-term borrowings

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$

17,590

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$

38,331

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$

186,470

5.01

%

5.35

%

Schedule of long-term debt consisting of advances

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​	​	​	​	​	​	​	​	​	​	​
​	​	Interest Rate	​		​	​		​	​
(Dollars in thousands, except percents)		Fixed	​	​	​	June 30, 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

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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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Tabular disclosure of maturity and sinking fund requirement for long-term debt.

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