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v3.22.4

Borrowings (Tables) | 12 Months Ended
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Dec. 31, 2022
Borrowings |
Schedule of information concerning securities sold under agreements to repurchase | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | 2022 |  | 2021 |
​ | ​ | (Dollars in thousands) |
Balance outstanding at year end | ​ | $ | 18,106 | ​ | $ | 15,701 | ​
Average daily balance during the year | ​ | $ | 22,581 | ​ | $ | 19,452 | ​
Average interest rate during the year | ​ |  | 1.02 | % |  | 0.12 | %
Maximum month-end balance during the year | ​ | $ | 28,114 | ​ | $ | 26,653 | ​
Weighted-average interest rate at year end | ​ |  | 3.04 | % |  | 0.12 | %
​
Schedule of repurchase agreements | The following table presents the Company’s repurchase agreements accounted for as secured borrowings: Remaining Contractual Maturity of the Agreement (In thousands) ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Overnight and |  | ​ |  | ​ |  | Greater than 90 |  | ​
December 31, 2022 |  | Continuous | ​ | Up to 30 Days | ​ | 30‑90 Days |  | Days | ​ | Total
Repurchase Agreements |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |
State and municipal obligations | ​ | $ | 18,106 | ​ | $ | — | ​ | $ | — | ​ | $ | — | ​ | $ | 18,106
Total | ​ | $ | 18,106 | ​ | $ | — | ​ | $ | — | ​ | $ | — | ​ | $ | 18,106
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Overnight and |  | ​ |  | ​ |  | Greater than 90 |  | ​
December 31, 2021 |  | Continuous | ​ | Up to 30 Days | ​ | 30‑90 Days |  | Days | ​ | Total
Repurchase Agreements |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |
U.S government agencies | ​ | $ | 15,701 | ​ | $ | — | ​ | $ | — | ​ | $ | — | ​ | $ | 15,701
Total | ​ | $ | 15,701 | ​ | $ | — | ​ | $ | — | ​ | $ | — | ​ | $ | 15,701
​

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- Definition The entire disclosure for repurchase agreements. + References No definition available. + Details
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