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Short-Term Borrowings and Advances from Federal Home Loan Bank (Tables)

9 Months Ended

Sep. 30, 2022

Short-Term Borrowings and Advances from Federal Home Loan Bank

Schedule of federal home loan bank borrowings

Total short-term and Federal Home Loan Bank (FHLB) borrowings and advances consist of the following (in thousands, except percentages):

​

​	​	​	​	​	​	​	​	​
​	​	At September 30, 2022
​	​	​	​	​	​	​	Weighted
Type	​	Maturing	​	Amount		​	Average Rate
Open Repo Plus		Overnight		$	26,274		3.11	%
FHLB Advances		2022	​		8,757		1.79	​
​		2023	​		15,568		1.59	​
​		2024	​		4,197		1.19	​
Total FHLB advances			​		28,522		1.59	​
Total short-term and FHLB borrowings			​	$	54,796		2.32	%

​

​	​	​	​	​	​	​	​	​
​	​	At December 31, 2021
​	​	​	​	​	​	​	Weighted
Type	​	Maturing	​	Amount		​	Average Rate
Open Repo Plus		Overnight		$	—		—	%
FHLB Advances		2022	​		22,888		1.88	​
​		2023	​		15,568		1.59	​
​		2024	​		4,197		1.19	​
Total FHLB advances			​		42,653		1.71	​
Total short-term and FHLB borrowings			​	$	42,653		1.71	%

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- Definition

Tabular disclosure of federal home loan bank borrowings by maturity.

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- References

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