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Repurchase Agreements (Tables)
6 Months Ended
Jun. 30, 2022
Schedule of Repurchase Agreements

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

 

   As of June 30, 2022 
(dollars in thousands)  Overnight and   Up to        Greater     
   Continuous   30 days   30-90 days   than 90 days   Total 
Repurchase agreements:                         
U.S. federal treasury obligations  $508   $   -   $   -   $     -   $508 
U.S. federal agency obligations   1,880    -    -    -    1,880 
Agency mortgage-backed securities   3,835    -    -    -    3,835 
Total  $6,223   $-   $-   $-   $6,223 

 

   As of December 31, 2021 
(dollars in thousands)  Overnight and   Up to       Greater     
   Continuous   30 days   30-90 days   than 90 days   Total 
Repurchase agreements:                         
U.S. federal treasury obligations  $325   $   -   $   -   $     -   $325 
U.S. federal agency obligations   3,008    -    -    -    3,008 
Agency mortgage-backed securities   4,070    -    -    -    4,070 
Total  $7,403   $-   $-   $-   $7,403