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Repurchase Agreements (Tables)
6 Months Ended
Jun. 30, 2021
Schedule of Repurchase Agreements

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

 

   As of June 30, 2021 
(dollars in thousands)  Overnight and   Up to       Greater     
   Continuous   30 days   30-90 days   than 90 days   Total 
Repurchase agreements:                         
U.S. federal agency obligations  $2,150   $ -   $ -   $ -   $2,150 
Agency mortgage-backed securities   2,384    -    -    -    2,384 
Total  $4,534   $-   $-   $-   $4,534 

 

   As of December 31, 2020 
(dollars in thousands)  Overnight and   Up to       Greater     
   Continuous   30 days   30-90 days   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