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BORROWINGS (Tables) | 12 Months Ended
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Dec. 31, 2022
Debt Disclosure [Abstract] |
Schedule of Short-term Debt | Short-term borrowings and weighted-average interest rates at December 31 are as follows:
| 2022 |  | 2021
Dollars in thousands | Amount |  | Rate |  | Amount |  | Rate
Securities sold under repurchase agreements | $ | 41,954 |  |  | 0.12 | % |  | $ | 35,202 |  |  | 0.12 | %
Offsetting Liabilities | The following table presents the short-term borrowings subject to an enforceable master netting arrangement or repurchase agreement as of December 31, 2022 and 2021:
|  |  |  |  |  |  |  | Gross Amounts Not Offset in the Statements of Condition |  |
Dollars in thousands |  | Gross Amounts of Recognized Liabilities |  | Gross Amounts Offset in the Statements of Condition |  | Net Amounts of Liabilities Presented in the Statements of Condition |  | Financial Instruments |  | Cash Collateral Pledged |  | Net Amount
December 31, 2022 |  |  |  |  |  |  |  |  |  |  |  |
Repurchase agreements |  |  |  |  |  |  |  |  |  |  |  |
Commercial customers and government entities | (a) | $ | 41,954 |  |  | $ | — |  |  | $ | 41,954 |  |  | $ | (41,954) |  |  | $ | — |  |  | $ | — |
December 31, 2021 |  |  |  |  |  |  |  |  |  |  |  |
Repurchase agreements |  |  |  |  |  |  |  |  |  |  |  |
Commercial customers and government entities | (a) | $ | 35,202 |  |  | $ | — |  |  | $ | 35,202 |  |  | $ | (35,202) |  |  | $ | — |  |  | $ | — |
_______________________________ (a) As of December 31, 2022 and 2021, the fair value of securities pledged in connection with repurchase agreements was $52,157,000 and $46,160,000, respectively.
Schedule of Maturities of Long-term Debt | A summary of long-term debt as of December 31 is as follows:
| 2022 |  | 2021
Dollars in thousands | Amount |  | Rate |  | Amount |  | Rate
FHLB fixed-rate advances maturing: |  |  |  |  |  |  |
2022 | $ | — |  |  | — | % |  | $ | 11,000 |  |  | 2.69 | %
Loan payable variable rate | — |  |  | — | % |  | 2,700 |  |  | 3.32 | %
Trust preferred subordinated debt | 6,000 |  |  | 3.21 | % |  | 6,000 |  |  | 1.69 | %
Subordinated debt | 15,000 |  |  | 4.00 | % |  | 15,000 |  |  | 4.00 | %
| $ | 21,000 |  |  | 3.78 | % |  | $ | 34,700 |  |  | 2.69 | %

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