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Borrowings
 12 Months Ended
Dec. 31, 2021
Borrowings [Abstract]  
Borrowings NOTE 7 – BORROWINGS Short-term borrowings at December 31 consist of the following: 2021 2020 (In Thousands)Securities sold under agreements to repurchase$ 60,822 $ 63,303Federal Home Loan Bank short-term borrowings — — $ 60,822 $ 63,303 The outstanding balances and related information of short-term borrowings are summarized as follows: Years Ended December 31, 2021 2020 (Dollars In Thousands)Average balance during the year$ 73,810 $ 57,014 Average interest rate during the year 0.39% 0.55%Maximum month-end balance during the year$ 90,409 $ 69,294 Weighted average interest rate at the end of the year 0.34% 0.43% Securities sold under agreements to repurchase generally mature within one day to one year from the transaction date. Securities with an amortized cost and fair value of $66,353,000 and $65,162,000 at December 31, 2021 and $63,462,000 and $64,429,000 at December 31, 2020, respectively, were pledged as collateral for these agreements. The securities underlying the agreements were under the Company’s control. The collateral pledged for repurchase agreements that are classified as secured borrowings is summarized as follows (in thousands): As of December 31, 2021 Remaining Contractual Maturity of the Agreements Overnight and continuous Up to 30 days 30-90 days Greater than 90 days TotalRepurchase Agreements: Mortgage-backed securities - government sponsored entities $ 65,162 $ — $ — $ — $ 65,162 Total liability recognized for repurchase agreements 60,822 As of December 31, 2020 Remaining Contractual Maturity of the Agreements Overnight and continuous Up to 30 days 30-90 days Greater than 90 days TotalRepurchase Agreements: Mortgage-backed securities - government sponsored entities $ 64,429 $ — $ — $ — $ 64,429 Total liability recognized for repurchase agreements 63,303 The Company has a line of credit commitment available from the FHLB of Pittsburgh for borrowings of up to $150,000,000, which renews annually in June. At December 31, 2021, there were no borrowings outstanding on this line. There were no borrowings outstanding on this line of credit at December 31, 2020. The Company has a line of credit commitment available from Atlantic Community Bankers Bank for $7,000,000, which expires on June 30, 2022. There were no borrowings under this line of credit at December 31, 2021 and 2020. The Company has a line of credit commitment available from PNC Bank for $16,000,000 at December 31, 2021. There were no borrowings under this line of credit at December 31, 2021 and December 31, 2020. The Company also has a line of credit commitment from Zions Bank for $17,000,000. There were no borrowings under this line of credit at December 31, 2021 and December 31, 2020. Other borrowings consisted of the following at December 31, 2021 and 2020: 2021 2020 (In Thousands) Amortizing fixed rate borrowing due March 2022 at 1.75%$ 227 $ 1,126Amortizing fixed rate borrowing due August 2022 at 1.94% 1,364 3,376Amortizing fixed rate borrowing due October 2022 at 1.88% 1,386 3,021Amortizing fixed rate borrowing due October 2023 at 3.24% 3,856 5,865Amortizing fixed rate borrowing due December 2023 at 3.22% 2,097 3,096Fixed rate term borrowing due December 2023 at 1.95% 10,000 10,000Amortizing fixed rate borrowing due December 2023 at 1.73% 5,190 7,616Amortizing fixed rate borrowing due April 2024 at 0.91% 5,878 8,359 $ 29,998 $ 42,459 Contractual maturities and scheduled cash flows of other borrowings at December 31, 2021 are as follows (in thousands): 2022$ 2,9772023 21,1432024 5,878 $ 29,998 The Bank’s maximum borrowing capacity with the FHLB was $607,092,000 of which $29,998,000 was outstanding in the form of advances and $127,850,000 was outstanding in the form of letters of credit at December 31, 2021. Advances from the FHLB are secured by qualifying assets of the Bank.