XML 55 R42.htm IDEA: XBRL DOCUMENT
v3.23.1

Repurchase Agreements (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2022
Schedule of Repurchase Agreements | The following is a summary of the balances and collateral of the Company’s repurchase agreements: Schedule of Repurchase Agreements
(Dollars in thousands) |  | Years ended December 31, |
|  | 2022 |  |  | 2021 |
Average daily balance during the year |  | $ | 13,239 |  |  | $ | 5,915 |
Average interest rate during the year |  |  | 1.11 | % |  |  | 0.19 | %
Maximum month-end balance during the year |  | $ | 33,930 |  |  | $ | 8,250 |
Weighted average interest rate at year-end |  |  | 1.70 | % |  |  | 0.19 | %
|  | As of December 31, 2022 |
|  | Overnight and Continuous |  |  | Up to 30 days |  |  | 30-90 days |  |  | Greater than 90 days |  |  | Total |
Repurchase agreements: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
U.S. federal treasury obligations |  | $ | 25,973 |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | 25,973 |
U.S. federal agency obligations |  |  | 1,236 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 1,236 |
Agency mortgage-backed securities |  |  | 2,193 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 2,193 |
Total |  | $ | 29,402 |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | 29,402 |
|  | As of December 31, 2021 |
|  | Overnight and Continuous |  |  | Up to 30 days |  |  | 30-90 days |  |  | Greater 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 |

X
- Definition The entire disclosure for repurchase agreements. + References No definition available. + Details
Name: | us-gaap_ScheduleOfRepurchaseAgreements
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration