XML 40 R29.htm IDEA: XBRL DOCUMENT
v3.24.1.u1

Federal Home Loan Bank Advances and Other Borrowings (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2024
Federal Home Loan Bank Advances and Other Borrowings |
Schedule of FHLB advances, by maturity | The following table presents FHLB advances, by maturity, at March 31, 2024 and December 31, 2023:
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | March 31, 2024 | ​ | December 31, 2023
​ |  | Weighted |  | ​ |  | Weighted |  | ​
​ | ​ | Average | ​ | Total | ​ | Average | ​ | Total
(dollars in thousands) | ​ | Rate | ​ | Outstanding | ​ | Rate | ​ | Outstanding
Less than 1 Year | ​ | 5.35 | % | $ | 243,000 | ​ | 5.31 | % | $ | 233,000
1 to 2 Years | ​ | 4.35 | ​ | ​ | 12,500 | ​ | 4.31 | ​ | ​ | 25,000
2 to 3 Years | ​ | 3.45 | ​ | ​ | 21,500 | ​ | 3.45 | ​ | ​ | 21,500
3 to 4 Years | ​ | 4.03 | ​ | ​ | 27,500 | ​ | 3.94 | ​ | ​ | 17,500
4 to 5 Years | ​ | 3.87 | ​ | ​ | 12,500 | ​ | 4.01 | ​ | ​ | 22,500
Totals | ​ | ​ | ​ | $ | 317,000 | ​ | ​ | ​ | $ | 319,500
Schedule of revolving line of credit | The following table presents the revolving line of credit at March 31, 2024 and December 31, 2023:
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | Total Debt | ​ | Total Debt | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | Outstanding | ​ | Outstanding | ​ | Interest | ​ | ​ | ​
Name | ​ | Maturity Date | ​ | ​ | March 31, 2024 | ​ | December 31, 2023 | ​ | Rate | ​ | ​ | Coupon Structure
Revolving Credit Facility | ​ | September 1, 2024 | ​ | $ | 13,750 | ​ | 13,750 | ​ | 8.50 | % | ​ | Variable with Floor (1)
(1) | The variable interest rate is equal to the greater of Wall Street Journal Prime Rate in effect or a floor of 3.85%.

X
- References No definition available. + Details
Name: | us-gaap_AdvancesFromFederalHomeLoanBanksAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of short-term or long-term contractual arrangements with lenders, including letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(b),22(b)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1 + Details
Name: | us-gaap_ScheduleOfLineOfCreditFacilitiesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of maturity and sinking fund requirement for long-term debt. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -SubTopic 10 -Topic 470 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481544/470-10-50-1 + Details
Name: | us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration