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Federal funds purchased and securities sold under agreements to repurchase (Tables) | 12 Months Ended
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Dec. 31, 2021
Federal Funds Purchased and Securities Sold under Agreements to Repurchase [Abstract] |
Schedule of federal funds purchased and securities sold under agreements to repurchase | Information relating to federal funds purchased and repurchase agreements is as follows:
(in thousands) | Year End Weighted Rate |  | Average Weighted Rate |  | Average Balance Outstanding |  | Maximum Outstanding at any Month End |  | Balance at December 31,
2021 |  |  |  |  |  |  |  |  |
Federal funds purchased | 0.43 | % |  | 0.34 | % |  | $ | 1 |  |  | $ | — |  |  | $ | — |
Short-term repurchase agreements - Bank | 0.27 |  |  | 0.25 |  |  | 34,448 |  |  | 55,942 |  |  | 23,829 |
Total |  |  |  |  | $ | 34,449 |  |  | $ | 55,942 |  |  | $ | 23,829 |
2020 |  |  |  |  |  |  |  |  |
Federal funds purchased | 0.36 | % |  | 0.26 | % |  | $ | — |  |  | $ | — |  |  | $ | — |
Short-term repurchase agreements - Bank | 0.24 |  |  | 0.43 |  |  | 34,026 |  |  | 45,154 |  |  | 45,154 |
Total |  |  |  |  | $ | 34,026 |  |  | $ | 45,154 |  |  | $ | 45,154 |
Schedule of repurchase agreements by remaining maturity of the agreements | The collateral amounts pledged to repurchase agreements by remaining maturity in the table below are limited to the outstanding balances of the related asset or liability; thus amounts of excess collateral are not shown.
Repurchase Agreements | Remaining Contractual Maturity of the Agreements
(in thousands) | Overnight and continuous |  | Less than 90 days |  | Greater than 90 days |  | Total
At December 31, 2021 |  |  |  |  |  |  |
U.S. government-sponsored enterprises | $ | 9,113 |  |  | $ | — |  |  | $ | — |  |  | $ | 9,113 |
Mortgage-backed securities | 14,716 |  |  | — |  |  | — |  |  | 14,716 |
Total | $ | 23,829 |  |  | $ | — |  |  | $ | — |  |  | $ | 23,829 |
At December 31, 2020 |  |  |  |  |  |  |
U.S. government and federal agency obligations | $ | 2,728 |  |  | $ | — |  |  | $ | — |  |  | $ | 2,728 |
U.S. government-sponsored enterprises | 15,533 |  |  | — |  |  | — |  |  | 15,533 |
Mortgage-backed securities | 26,893 |  |  | — |  |  | — |  |  | 26,893 |
Total | $ | 45,154 |  |  | $ | — |  |  | $ | — |  |  | $ | 45,154 |

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- Definition The entire disclosure for repurchase agreements. + References No definition available. + Details
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- Definition Tabular disclosure of the nature and risks of short-term collateralized financing obtained through repurchase agreements, securities lending transactions and repurchase-to-maturity transactions, accounted for as secured borrowings. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 860 -SubTopic 30 -Section 50 -Paragraph 7 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=109249958&loc=SL34722452-111729 + Details
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