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Federal Home Loan Bank Advances (Tables) | 12 Months Ended
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Dec. 31, 2021
Federal Home Loan Bank Advances [Abstract] |
Information Regarding FHLB Advances | The following table summarizes information relating to FHLB advances at or for the periods indicated:
|  | At or For the Year Ended |
|  | 2021 |  |  | 2020 |
|  | (Dollars in thousands) |
FHLB Advances: |  |  |  |  |  |
Average balance outstanding during the year |  | $ | 100,471 |  |  | $ | 114,020 |
Maximum amount outstanding at any month‑end during the year |  | $ | 113,580 |  |  | $ | 121,500 |
Balance outstanding at end of year |  | $ | 85,952 |  |  | $ | 110,500 |
Weighted average interest rate at end of year |  |  | 1.85 | % |  |  | 1.94 | %
Average cost of advances during the year |  |  | 1.96 | % |  |  | 1.91 | %
Weighted average contractual maturity (in months) |  |  | 22 |  |  |  | 27 |
Required Payments over Next Five Years | Scheduled maturities of FHLB advances over the next five years are as follows:
|  | Amount |
|  | (In thousands) |
2022 |  | $ | 18,140 |
2023 |  |  | 30,140 |
2024 |  |  | 5,140 |
2025 |  |  | 32,532 |
2026 |  |  | - |
|  | $ | 85,952 |

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- Definition Tabular disclosure of advances made and reported by Federal Home Loan Bank (FHLBank) maturity. + References No definition available. + Details
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- Definition Tabular disclosure of advances made and reported by Federal Home Loan Bank (FHLBank). + References No definition available. + Details
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