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Borrowed Funds (Tables) | 12 Months Ended
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Dec. 31, 2022
Debt Disclosure [Abstract] |
Information Related to Short-term Borrowings | Information related to short-term borrowings is summarized as follows:
(Dollars in thousands) |  | 2022 |  | 2021 |  |
Balance at end of year |  | $ | 102,333 |  |  | $ | — |  |  |
Average balance during the year |  | 15,494 |  |  | 25,275 |  |  |
Maximum month-end balance |  | 102,333 |  |  | 130,047 |  |  |
Weighted-average rate during the year |  | 2.82 | % |  | 0.05 | % |  |
Weighted-average rate at December 31 |  | 4.45 | % |  | — | % |  |
Information Related to Repurchase Agreements | Information related to repurchase agreements is summarized as follows:
(Dollars in thousands) |  | 2022 |  | 2021 |  |
Balance at end of year |  | $ | 10,037 |  |  | $ | 11,385 |  |  |
Average balance during the year |  | 10,987 |  |  | 10,821 |  |  |
Maximum month-end balance |  | 12,680 |  |  | 11,398 |  |  |
Weighted-average rate during the year |  | 0.05 | % |  | 0.12 | % |  |
Weighted-average rate at December 31 |  | 0.06 | % |  | 0.05 | % |  |
Information Related to Subordinated Debt | Information related to subordinated debt is summarized as follows:
(Dollars in thousands) |  | 2022 |  | 2021 |  |
Balance at end of year |  | $ | 73,286 |  |  | $ | 73,030 |  |  |
Average balance during the year |  | 73,159 |  |  | 51,149 |  |  |
Maximum month-end balance |  | 73,286 |  |  | 73,030 |  |  |
Weighted-average rate during the year |  | 4.20 | % |  | 4.28 | % |  |
Weighted-average rate at December 31 |  | 3.97 | % |  | 3.71 | % |  |
Information Related to Secured Borrowings | Information related to senior term loan is summarized as follows:
(Dollars in thousands) |  | 2022 |  | 2021 |  |
Balance at end of year |  | $ | 9,765 |  |  | — |  |  |
Average balance during the year |  | 2,328 |  |  | — |  |  |
Maximum month-end balance |  | 9,886 |  |  | — |  |  |
Weighted-average rate during the year |  | 7.00 | % |  | — |  |  |
Rate at December 31 |  | 7.44 | % |  | — |  |  |

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- Definition The entire disclosure for repurchase agreements. + References No definition available. + 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 -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19) -URI https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
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- Definition Tabular disclosure of borrowings under subordinated debt agreements that qualify as available in computing net capital under SEC uniform net capital rules for broker-dealers, including restrictive covenants, collateral, interest rates and due dates, amounts due by date and amount owed in total. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 470 -Section 45 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=6479118&loc=d3e64650-112822 + Details
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