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Long-Term Borrowings (Tables)
12 Months Ended
Dec. 31, 2020
Debt Disclosure [Abstract]  
Summary of Long-term Advances from the Federal Home Loan Bank

At year end, long-term advances from the FHLB were as follows:

 

 

 

2020

 

 

2019

 

 

 

 

 

 

 

Weighted

 

 

 

 

 

 

Weighted

 

 

 

 

 

 

 

Average

 

 

 

 

 

 

Average

 

 

 

Amount

 

 

Rate

 

 

Amount

 

 

Rate

 

Fixed-rate constant payment advance

 

$

1,980

 

 

 

1.70

%

 

$

2,841

 

 

 

1.70

%

Convertible and putable fixed-rate advance

 

 

65,000

 

 

 

1.38

%

 

 

40,000

 

 

 

1.79

%

Total advances

 

$

66,980

 

 

 

1.39

%

 

$

42,841

 

 

 

1.78

%

Scheduled Payments of Long-term Federal Home Loan Bank Advances

Scheduled payments of long-term FHLB advances are as follows:

 

Maturing in:

 

 

 

 

2021

 

$

853

 

2022

 

 

729

 

2023

 

 

398

 

2024

 

 

0

 

2025

 

 

0

 

Thereafter

 

 

65,000

 

TOTAL

 

$

66,980