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Federal Home Loan Bank, Short- and Long-term Borrowings (Tables)

12 Months Ended

Dec. 31, 2022

Federal Home Loan Bank, Short- and Long-term Borrowings

Schedule of swaps designated as cash flow hedges


												At December 31,
												2022						2021
															Unrealized						Unrealized
		Notional			Pay			Receive				Assets/			Loss			Assets/			Loss
(dollars in thousands)		Amount			Rate			Rate		Term		Liabilities			AOCI			Liabilities			AOCI

Interest rate swap on FHLB advance		$	10,000		2.105	%		3M LIBOR		11/2017 - 10/2022		$	—		$	—		$	(174)		$	(126)

Interest rate swap on FHLB advance			5,000		2.235	%		3M LIBOR		7/2018 - 7/2023			—			—			(136)			(99)

Interest rate swap on FHLB advance			5,000		2.246	%		3M LIBOR		8/2018 - 8/2023			—			—			(132)			(96)

Total		$	20,000									$	—		$	—		$	(442)		$	(321)

Schedule of total interest expense recorded on swap transactions


				Years Ended December 31,
(dollars in thousands)		Bank Position		2022			2021

Interest rate swap on FHLB advance		Pay fixed/receive variable		$	(65)		$	(194)

Interest rate swap on FHLB advance		Pay fixed/receive variable			(38)			(105)

Interest rate swap on FHLB advance		Pay fixed/receive variable			(47)			(105)

Total				$	(150)		$	(404)