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BORROWINGS (Tables) | 12 Months Ended
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Dec. 31, 2023
Debt Disclosure [Abstract] |
Schedule of Short-term Debt | Short-term borrowings and weighted-average interest rates at December 31 are as follows:
| 2023 |  | 2022
(Dollars in thousands) | Amount |  | Rate |  | Amount |  | Rate
Securities sold under repurchase agreements | $ | 26,882 |  |  | 0.15 | % |  | $ | 41,954 |  |  | 0.12 | %
FHLB Advances | 30,000 |  |  | 5.64 |  |  | — |  |  | — |
Total | $ | 56,882 |  |  | 3.05 | % |  | $ | 41,954 |  |  | 0.12 | %
Schedule of Maturities of Long-term Debt | A summary of long-term borrowings and their weighted-average contractual rates as of December 31 is as follows:
| 2023 |  | 2022
(Dollars in thousands) | Amount |  | Rate |  | Amount |  | Rate
FHLB fixed-rate advances maturing: |  |  |  |  |  |  |
2026 | $ | 80,000 |  |  | 4.71 | % |  | $ | — |  |  | — | %
2027 | 60,000 |  |  | 4.64 |  |  | — |  |  | — |
2028 | 35,000 |  |  | 4.23 |  |  | — |  |  | — |
Trust preferred subordinated debt | 5,292 |  |  | 7.28 |  |  | 6,000 |  |  | 3.21 |
Subordinated debt | 15,000 |  |  | 4.00 |  |  | 15,000 |  |  | 4.00 |
| $ | 195,292 |  |  | 4.62 | % |  | $ | 21,000 |  |  | 3.78 | %

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- 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
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- Definition Tabular disclosure of short-term debt arrangements (having initial terms of repayment within one year or the normal operating cycle, if longer) including: (1) description of the short-term debt arrangement; (2) identification of the lender or type of lender; (3) repayment terms; (4) weighted average interest rate; (5) carrying amount of funds borrowed under the specified short-term debt arrangement as of the balance sheet date; (6) description of the refinancing of a short-term obligation when that obligation is excluded from current liabilities in the balance sheet; and (7) amount of a short-term obligation that has been excluded from current liabilities in the balance sheet because of a refinancing of the obligation. + 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) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1 + Details
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