Federal Funds Purchased and Securities Sold Under Agreement to Repurchase (Tables)

12 Months Ended

Dec. 31, 2021

Daily Securities under Agreement to Repurchase

The table below presents the daily securities sold under agreement to repurchase and the term repurchase agreements. It does not include the Bank’s federal funds purchased.

	Daily Securities Sold Under Agreement to Repurchase

	Amount		Weighted			Maximum Amount		Approximate		Approximate
	Outstanding		Average			Borrowings		Average		Weighted Average
	at End		Rate End			Outstanding		Outstanding in		Interest Rate
	of Period (000's)		of Period			Month End (000's)		Period (000's)		For the Period
2021	$	1,062		0.70	%	$	1,991	$	1,514		0.43	%
2020	$	1,899		1.08	%	$	2,568	$	1,765		1.00	%

	Term CD's Sold Under Agreement to Repurchase

	Amount		Weighted			Maximum Amount		Approximate		Approximate
	Outstanding		Average			Borrowings		Average		Weighted Average
	at End		Rate End			Outstanding		Outstanding in		Interest Rate
	of Period (000's)		of Period			Month End (000's)		Period (000's)		For the Period
2021	$	28,206		1.00	%	$	28,362	$	28,315		2.56	%
2020	$	28,340		1.00	%	$	29,261	$	28,379		2.52	%

Schedule of Remaining Contractual Maturity in Repurchase Agreements and Collateral Pledged

The table below shows the remaining contractual maturity in the repurchase agreements and the collateral pledged as of December 31, 2021.

	December 31, 2021
	Remaining Contractual Maturity of the Agreements
	Overnight & Continuous		Up to 30 days		30-90 days		Greater Than 90 days		Total
Repurchase agreements
US Treasury & agency securities		1,062		-		3,900		24,306		29,268
Total	$	1,062	$	-	$	3,900	$	24,306	$	29,268