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Borrowings (Tables)
3 Months Ended
Mar. 31, 2023
Debt Disclosure [Abstract]  
Summary of Borrowings by Type
The following is a summary of borrowings by type. Short-term borrowings consist of overnight borrowings and term borrowings with an original maturity of one year or less.
At March 31, 2023At December 31, 2022
(Dollars in thousands)Balance at End of PeriodWeighted Average Interest Rate at End of PeriodBalance at End of PeriodWeighted Average Interest Rate at End of Period
Short-term borrowings:
FHLB borrowings$163,700 5.15 %$125,000 4.45 %
Federal funds purchased90,000 5.26 60,000 4.63 
Customer repurchase agreements18,181 0.05 12,141 0.05 
Long-term debt:
FHLB advances$220,000 3.52 %$95,000 1.34 %
Subordinated notes148,385 6.08 148,260 6.09 
Schedule of Maturities of Long-Term FHLB Advances
Long-term advances with the FHLB of Pittsburgh mature as follows:
(Dollars in thousands)As of March 31, 2023Weighted Average Rate
Remainder of 2023$10,000 3.02 %
202485,000 2.10 
202550,000 4.59 
202650,000 4.42 
2027— — 
Thereafter25,000 4.61 
Total$220,000 3.52 %