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Short-Term Borrowings (Tables)
6 Months Ended
Jun. 30, 2023
Short-Term Borrowings  
Schedule of short-term borrowings

(dollars in thousands)

  

June 30, 2023

  

December 31, 2022

Federal funds purchased

$

$

75,000

Total short-term borrowings

$

$

75,000

Schedule of selected information for short-term borrowings

Six Months Ended June 30, 

(dollars in thousands)

  

2023

2022

Federal funds purchased:

Weighted-average interest rate at June 30, 

%

%

Highest month-end balance

$

150,000

$

Average outstanding balance

$

34,779

$

Weighted-average interest rate paid

4.45

%

%

Short-term FHLB repo advance:

Weighted-average interest rate at June 30, 

%

%

Highest month-end balance

$

400,000

$

Average outstanding balance

$

208,702

$

Weighted-average interest rate paid

5.14

%

%