Note 6 - Borrowings (Tables)

9 Months Ended

Sep. 30, 2023

Notes Tables

Schedule of Debt [Table Text Block]

September 30, 2023

Category

Term

Amount

Maturity

Rate

Rate Type

Callable/Putable

Start Date

Frequency

(Dollars in Millions)

FHLB advances

Long-term

$

25.0

November 3, 2025

4.09

%

Fixed

Putable

November 1, 2023

Quarterly

Long-term

25.0

November 7, 2025

4.25

%

Fixed

Putable

November 7, 2023

Quarterly

Long-term

50.0

December 14, 2027

1.73

%

Fixed

Putable

December 16, 2019

Single

Long-term

25.0

July 24, 2028

3.48

%

Fixed

Putable

November 24, 2023

Quarterly

Long-term

14.0

July 27, 2028

3.52

%

Fixed

Putable

November 27, 2023

Quarterly

Long-term

10.0

August 7, 2028

3.51

%

Fixed

Putable

December 7, 2023

Quarterly

Long-term

10.0

August 8, 2028

3.52

%

Fixed

Putable

December 8, 2023

Quarterly

Total FHLB long-term advances

159.0

3.15

%

Short-term

10.0

October 2, 2023

3.49

%

Fixed

N/A

N/A

N/A

Short-term

20.0

October 2, 2023

5.45

%

Fixed

N/A

N/A

N/A

Short-term

83.0

October 2, 2023

5.45

%

Fixed

N/A

N/A

N/A

Short-term

20.0

October 5, 2023

5.37

%

Fixed

N/A

N/A

N/A

Short-term

14.5

October 12, 2023

5.36

%

Fixed

N/A

N/A

N/A

Short-term

27.5

October 16, 2023

5.38

%

Fixed

N/A

N/A

N/A

Short-term

14.0

October 16, 2023

5.38

%

Fixed

N/A

N/A

N/A

Short-term

27.5

October 18, 2023

5.36

%

Fixed

N/A

N/A

N/A

Short-term

27.0

October 27, 2023

5.38

%

Fixed

N/A

N/A

N/A

Short-term

29.5

November 3, 2023

5.43

%

Fixed

N/A

N/A

N/A

Short-term

30.5

November 27, 2023

5.42

%

Fixed

N/A

N/A

N/A

Short-term

22.5

December 5, 2023

5.46

%

Fixed

N/A

N/A

N/A

Total FHLB short-term advances

326.0

5.36

%

Total FHLB advances

$

485.0

4.63

%

Short-Term Borrowings

Federal reserve bank

Short-term

$

50.0

July 18, 2024

5.36

%

Fixed

N/A

N/A

N/A

Federal reserve bank

Short-term

50.0

September 6, 2024

5.50

%

Fixed

N/A

N/A

N/A

Total federal reserve bank

100.0

5.43

%

Repurchase agreements

Revolving

2.9

N/A

8.17

%

Variable

N/A

N/A

N/A

Total short-term borrowings

102.9

5.51

%

Total borrowings

$

587.9

4.79

%

December 31, 2022

Category

Term

Amount

Maturity

Rate

Rate Type

Callable/Putable

Start Date

Frequency

(Dollars in Millions)

FHLB advances

Long-term

$

50.0

September 22, 2025

3.50

%

Fixed

Putable

September 20, 2023

Single

Long-term

50.0

December 14, 2027

1.73

%

Fixed

Putable

December 16, 2019

Single

Long-term

25.0

November 3, 2025

4.09

%

Fixed

Putable

November 1, 2023

Quarterly

Long-term

25.0

November 7, 2025

4.25

%

Fixed

Putable

November 7, 2023

Quarterly

Long-term

25.0

November 24, 2025

3.82

%

Fixed

Putable

May 22, 2023

Quarterly

Long-term

25.0

December 1, 2032

2.35

%

Fixed

Putable

March 1, 2023

Quarterly

Total FHLB long-term advances

200.0

3.12

%

Short-term

7.7

January 9, 2023

4.16

%

Fixed

N/A

N/A

N/A

Short-term

25.0

January 23, 2023

4.23

%

Fixed

N/A

N/A

N/A

Short-term

20.0

January 23, 2023

4.23

%

Fixed

N/A

N/A

N/A

Short-term

48.0

January 30, 2023

4.25

%

Fixed

N/A

N/A

N/A

Short-term

20.0

January 6, 2023

4.29

%

Fixed

N/A

N/A

N/A

Short-term

50.0

January 6, 2023

4.29

%

Fixed

N/A

N/A

N/A

Short-term

15.0

January 4, 2023

4.31

%

Fixed

N/A

N/A

N/A

Total FHLB short-term advances

185.7

4.26

%

Total FHLB advances

$

385.7

3.67

%

Short-Term Borrowings

Repurchase agreements

Revolving

$

1.1

N/A

7.21

%

Variable

N/A

N/A

N/A

Total short-term borrowings

1.1

7.21

%

Total borrowings

$

386.8

0.24

%