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Repurchase Agreements (Tables)
3 Months Ended
Mar. 31, 2021
Schedule of Repurchase Agreements

The following is a summary of the balances and collateral of the Company’s repurchase agreements:

 

   As of March 31, 2021 
(dollars in thousands) 

Overnight and

Continuous

   Up to 30 days   30-90 days  

Greater

than 90 days

   Total 
Repurchase agreements:                         
U.S. federal agency obligations  $1,989   $-   $-   $-   $1,989 
Agency mortgage-backed securities   2,176         -          -       -    2,176 
Total  $4,165   $-   $-   $-   $4,165 

 

    As of December 31, 2020 
(dollars in thousands)   

Overnight and

Continuous

    

Up to

30 days

    30-90 days    

Greater

than 90 days

    Total 
Repurchase agreements:                         
U.S. federal agency obligations  $2,412   $-   $-   $-   $2,412 
Agency mortgage-backed securities   3,959    -    -    -    3,959 
Total  $6,371   $-   $-   $-   $6,371