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Borrowings (Tables)
12 Months Ended
Dec. 31, 2024
Borrowings [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,
 
 
2024
 
2023
 
 
(Dollars in thousands)
 
FHLB Advances:
       
Average balance outstanding during the year
 
$
199,893
   
$
177,261
 
Maximum amount outstanding at any month‑end during the year
 
$
209,298
   
$
210,242
 
Balance outstanding at end of year
 
$
195,532
   
$
209,319
 
Weighted average interest rate at end of year
   
4.03
%
   
4.91
%
Average cost of advances during the year
   
4.79
%
   
4.70
%
Weighted average maturity (in months)
   
(1)
   
2
 

 
(1)
The majority of FHLB advances are overnight borrowings
Scheduled Maturities of FHLB Advances

Scheduled maturities of FHLB advances are as follows:


 
Amount
 
 
(In thousands)
 
2025
 
$
195,532
 
2026
   
 
   
$
195,532