Repurchase Agreements and Other Borrowings (Tables)

3 Months Ended

Mar. 31, 2024

Repurchase Agreements And Other Borrowings [Abstract]

Schedule of Securities Financing Transactions

Collateral pledged by class for repurchase agreements are as follows (in thousands):

	March 31, 2024		December 31, 2023
US Treasury securities and obligations of U.S. government corporations and agencies	$	57,872	$	46,544
Mortgage-backed securities: GSE: residential		152,847		167,177
Total	$	210,719	$	213,721

Gross

Federal Home Loan Bank, Advances

Gross FHLB borrowings, were $238.6 million and $263.6 million at March 31, 2024 and December 31, 2023, respectively. At March 31, 2024 the advances were as follows:

Advance		Term (in years)	Interest Rate	Maturity Date
	25,000,000	1.5	4.69%	May 10, 2024
	25,000,000	2.0	4.59%	November 8, 2024
	10,000,000	5.0	1.45%	December 31, 2024
	5,000,000	5.0	0.91%	March 10, 2025
	3,605,826	10.0	2.64%	December 23, 2025
	25,000,000	3.0	4.40%	June 15, 2026
	50,000,000	4.0	3.49%	December 8, 2027
	25,000,000	5.0	3.67%	June 15, 2028
	25,000,000	5.0	3.82%	June 29, 2028
	25,000,000	5.0	3.95%	June 29, 2028
	5,000,000	10.0	1.15%	October 3, 2029
	5,000,000	10.0	1.12%	October 3, 2029
	10,000,000	10.0	1.39%	December 31, 2029