XML 33 R20.htm IDEA: XBRL DOCUMENT v3.22.0.1
Other Borrowings
12 Months Ended
Dec. 31, 2021
Other Borrowings [Abstract]  
Other Borrowings Note 12. Other Borrowings The Bank's short-term borrowings are comprised of a line-of-credit with the Federal Home Loan Bank of Pittsburgh (Open Repo Plus). Open Repo Plus is a revolving term commitment used on an overnight basis. The term of this commitment may not exceed 364 days and it reprices daily at market rates. At December 31, 2021 and 2020, the Bank had no short-term borrowings.  The Bank’s maximum borrowing capacity with the FHLB at December 31, 2021 was $369.9 million with $369.9 million available to borrow. This borrowing capacity is secured by a Blanket Pledge Agreement with FHLB on the Bank’s real estate loan portfolio. The Bank has established credit at the Federal Reserve Discount Window and as of year-end had the ability to borrow approximately $22 million. The Bank also has $56.0 million in unsecured lines of credit at two correspondent banks.