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BORROWED FUNDS (Tables)

6 Months Ended

Jun. 30, 2023

BORROWED FUNDS

Schedule of short term borrowings

​

​	​	​	​	​	​	​
(In Thousands)		June 30,			December 31,
​	​	2023		​	2022
FHLB-Pittsburgh borrowings	​	$	30,500	​	$	77,000
Customer repurchase agreements	​		931	​		3,062
Total short-term borrowings	​	$	31,431	​	$	80,062

Schedule of long term borrowings

​

​	​	​	​	​	​	​
(In Thousands)		June 30,			December 31,
​	​	2023		​	2022
Loan maturing in 2023 with a rate of 3.25%	​	$	2,290	​	$	9,303
Loans maturing in 2024 with a weighted-average rate of 2.89%	​	​	29,794	​	​	29,813
Loans maturing in 2025 with a weighted-average rate of 4.05%	​	​	33,179	​	​	23,231
Loans maturing in 2026 with a weighted-average rate of 4.30%	​	​	23,969	​	​	0
Loans maturing in 2027 with a weighted-average rate of 4.00%	​	​	24,031	​	​	0
Loan maturing in 2028 with a rate of 3.72%	​	​	2,000	​	​	0
Total long-term FHLB-Pittsburgh borrowings	​	$	115,263	​	$	62,347

Senior Notes with an aggregate par value of $15,000,000; bearing interest at 2.75% with an effective interest rate of 3.23%; maturing in June 2026

BORROWED FUNDS

Schedule of outstanding debt

​

​	​	​	​	​	​	​
(In Thousands)		June 30,			December 31,
​	​	2023		​	2022
Senior Notes with an aggregate par value of $15,000,000; bearing interest at 2.75% with an effective interest rate of 3.23%; maturing in June 2026	​	$	14,798	​	$	14,765
Total carrying value	​	$	14,798	​	$	14,765

3.25% maturing in June 2031 and redeemable at par in June 2026

BORROWED FUNDS

Schedule of outstanding debt

​

​	​	​	​	​	​	​
(In Thousands)		June 30,			December 31,
​	​	2023		​	2022
Agreements with a par value of $25,000,000; bearing interest at 3.25% with an effective interest rate of 3.74%; maturing in June 2031 and redeemable at par in June 2026	​	$	24,661	​	$	24,607
Total carrying value	​	$	24,661	​	$	24,607

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