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

6 Months Ended

Jun. 30, 2023

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 June 30, 2023
​	​	​	​	​	​	​	Weighted
Type	​	Maturing	​	Amount		​	Average Rate
Open Repo Plus		Overnight		$	56,676		5.39	%
FHLB Advances		2023	​		1,000		2.86	​
​		2024	​		4,197		1.19	​
​		2025	​		—		—	​
​		2026	​		6,920		3.94	​
​		2027	​		4,000		3.91	​
Total FHLB advances			​		16,117		3.15	​
Total short-term and FHLB borrowings			​	$	72,793		4.90	%

​

​	​	​	​	​	​	​	​	​
​	​	At December 31, 2022
​	​	​	​	​	​	​	Weighted
Type	​	Maturing	​	Amount		​	Average Rate
Open Repo Plus		Overnight		$	88,641		4.45	%
FHLB Advances		2023	​		15,568		1.59	​
​		2024	​		4,197		1.19	​
Total FHLB advances			​		19,765		1.50	​
Total short-term and FHLB borrowings			​	$	108,406		3.91	%

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- Definition

Tabular disclosure of federal home loan bank borrowings by maturity.

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