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Borrowings (Tables)
12 Months Ended
Dec. 31, 2023
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,
 
 
2023
 
2022
 
 
(Dollars in thousands)
 
FHLB Advances:
       
Average balance outstanding during the year
 
$
177,261
   
$
61,593
 
Maximum amount outstanding at any month‑end during the year
 
$
210,242
   
$
128,823
 
Balance outstanding at end of year
 
$
209,319
   
$
128,344
 
Weighted average interest rate at end of year
   
4.91
%
   
3.74
%
Average cost of advances during the year
   
4.70
%
   
1.74
%
Weighted average maturity (in months)
   
2
     
7
 
Scheduled Maturities of FHLB Advances

Scheduled maturities of FHLB advances are as follows:


 
Amount
 
 
(In thousands)
 
2024
 
$
176,638
 
2025
   
32,681
 
   
$
209,319