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v3.24.1

Borrowings (Tables) | 12 Months Ended
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Dec. 31, 2023
Advance from Federal Home Loan Bank [Abstract] |
Summary of short-term borrowings consisting of FHLB advances and federal funds purchased | The following table presents selected information on short-term borrowings for the years ended December 31, 2023 and 2022, consisting of FHLB advances and federal funds purchased.
|  | December 31, |
|  | 2023 |  |  | 2022 |
|  | (dollars in thousands) |
Balance at year-end |  | $ | 20,000 |  |  | $ | 207,980 |
Average balance during the year |  | $ | 45,801 |  |  | $ | 47,470 |
Average interest rate during the year |  |  | 4.68 | % |  |  | 3.09 | %
Maximum month-end balance during the year |  | $ | 150,000 |  |  | $ | 207,980 |

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