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Borrowed Funds (Tables)

12 Months Ended

Dec. 31, 2019

Borrowed Funds [Abstract]

Summary of Short Term Borrowings



(Dollars in thousands)		2019			2018
Overnight borrowings, weighted average interest rate of 2.70% at December 31, 2018		$	—		$	40,000
Securities sold under agreements to repurchase:
Outstanding at end of year		$	48,728		$	37,707
Weighted average interest rate at year end			0.23%			0.24%
Maximum amount outstanding as of any month end		$	50,345		$	55,648
Average amount outstanding		$	39,778		$	44,045
Approximate weighted average rate during the year			0.28%			0.20%



Summary of Long Term Borrowings



(In thousands)		2019			2018
FHLB advances, bearing fixed interest rates ranging from 2.17% to 3.34% at December 31, 2019		$	70,000		$	70,000
Junior subordinated debt, bearing variable interest rate of 4.65% at December 31, 2019			30,929			30,929
Total long-term debt		$	100,929		$	100,929



Contractual Maturities of All Long Term Borrowings



		2019									2018
		Fixed			Floating
(in thousands)		Rate			Rate			Total			Total
Due in 2020		$	—		$	—		$	—		$	20,000
Due in 2021			20,000			—			20,000			30,000
Due in 2022			—			—			—			20,000
Due in 2023			30,000			—			30,000			—
Due in 2024			20,000			—			20,000			—
Thereafter			—			30,929			30,929			30,929
Total long-term debt		$	70,000		$	30,929		$	100,929		$	100,929



Schedule of Pledged Collateral on Line of Credit



1-4 family mortgage loans		$	154,300
Commercial loans			31,735
Multi-family loans			4,434
Home equity loans			23,278
		$	213,747



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