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ADVANCES FROM FEDERAL HOME LOAN BANK AND SUBORDINATED DEBT (Tables)

12 Months Ended

Dec. 31, 2022

ADVANCES FROM FEDERAL HOME LOAN BANK AND SUBORDINATED DEBT

Schedule of federal home loan bank borrowings

Advances from the Federal Home Loan Bank (FHLB) consist of the following:

​

​	​	​	​	​	​
​		AT DECEMBER 31, 2022
​	​	WEIGHTED	​	​	​
​		AVERAGE YIELD		BALANCE
MATURING	​	(IN THOUSANDS, EXCEPT RATES)
2023		1.59	%	$	15,568
2024		1.19	​		4,197
Total advances from FHLB		1.50	​	$	19,765

​

​	​	​	​	​	​
​		AT DECEMBER 31, 2021
​	​	WEIGHTED	​	​	​
​		AVERAGE YIELD		BALANCE
MATURING	​	(IN THOUSANDS, EXCEPT RATES)
2022		1.88	%	$	22,888
2023		1.59	​		15,568
2024		1.19	​		4,197
Total advances from FHLB		1.71	​	$	42,653

​

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- Definition

Tabular disclosure of federal home loan bank borrowings by maturity.

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