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Federal Home Loan Bank Advances (Tables) | 12 Months Ended
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Dec. 31, 2022
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 December 31, |
|  | 2022 |  |  | 2021 |
|  | (Dollars in thousands) |
FHLB Advances: |  |  |  |  |  |
Average balance outstanding during the year |  | $ | 61,593 |  |  | $ | 100,471 |
Maximum amount outstanding at any month‑end during the year |  | $ | 128,823 |  |  | $ | 113,580 |
Balance outstanding at end of year |  | $ | 128,344 |  |  | $ | 85,952 |
Weighted average interest rate at end of year |  |  | 3.74 | % |  |  | 1.85 | %
Average cost of advances during the year |  |  | 1.74 | % |  |  | 1.96 | %
Weighted average maturity (in months) |  |  | 13 |  |  |  | 22 |
Scheduled Maturities of FHLB Advances | Scheduled maturities of FHLB advances are as follows:
|  | Amount |
|  | (In thousands) |
2023 |  | $ | 95,500 |
2024 |  |  | – |
2025 |  |  | 32,844 |
|  | $ | 128,344 |

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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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