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Borrowings (Tables)
6 Months Ended
Jun. 30, 2022
Debt Disclosure [Abstract]  
Schedule of Borrowed Funds FHLBNY Advances Maturity and Call Date

Borrowed funds at June 30, 2022 and December 31, 2021 consist of the following and are summarized by maturity and call date below:

 

 

June 30,

 

 

December 31,

 

 

2022

 

 

2021

 

 

Scheduled

Maturity

 

 

Redeemable

at Call Date

 

 

Weighted

Average

Rate

 

 

Scheduled

Maturity

 

 

Redeemable

at Call Date

 

 

Weighted

Average

Rate

 

 

(Dollars in thousands)

 

FHLBNY Overnight line of credit

   advance

$

175,000

 

 

$

175,000

 

 

 

1.82

%

 

$

 

 

$

 

 

 

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

FHLBNY Term advances ending:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2022

$

131,000

 

 

$

131,000

 

 

 

1.77

%

 

$

77,880

 

 

$

77,880

 

 

 

1.73

%

2023

 

28,375

 

 

 

28,375

 

 

 

2.82

 

 

 

28,375

 

 

 

28,375

 

 

 

2.82

 

 

$

334,375

 

 

$

334,375

 

 

 

1.88

%

 

$

106,255

 

 

$

106,255

 

 

 

2.02

%

 

Schedule of Warehouse Lines of Credit

 

 

 

June 30, 2022

 

 

 

Credit Line

 

 

Unused Line

 

 

 

 

 

 

 

Maximum

 

 

of Credit

 

 

Balance

 

 

 

(in thousands)

 

Warehouse Line of Credit #1

 

$

10,000

 

 

$

10,000

 

 

$

 

Total long-term debt

 

$

10,000

 

 

$

10,000

 

 

$

 

 

 

 

December 31, 2021

 

 

 

Credit Line

 

 

Unused Line

 

 

 

 

 

 

 

Maximum

 

 

of Credit

 

 

Balance

 

 

 

(in thousands)

 

Warehouse Line of Credit #1

 

$

15,000

 

 

$

8,636

 

 

$

6,364

 

Warehouse Line of Credit #2

 

 

15,000

 

 

$

6,274

 

 

$

8,726

 

Total long-term debt

 

$

30,000

 

 

$

14,910

 

 

$

15,090