FHLB Advances and Other Borrowings (Tables)

12 Months Ended

Dec. 31, 2022

Advance from Federal Home Loan Bank [Abstract]

Schedule of Borrowings, Debt and Repurchase Agreements

Information regarding each of these types of borrowings or other indebtedness is as follows:

	December 31,
	2022				2021
	Principal		Unamortized Discount and Debt Issuance Costs		Principal		Unamortized Discount and Debt Issuance Costs
Long-term Advances from Federal Home Loan Bank collateralized by qualifying mortgages, investment securities, and mortgage-backed securities	$	25,000	$	—	$	25,000	$	—
Junior Subordinated Debentures assumed from American Community Bancorp, Inc.	8,248		(1,873)		8,248		(2,023)
Junior Subordinated Debentures assumed from River Valley Bancorp, Inc.	7,217		(1,082)		7,217		(1,188)
Junior Subordinated Debentures assumed from Citizens First Corporation	5,155		(919)		5,155		(984)
Junior Subordinated Debentures assumed from Citizens Union Bancorp of Shelbyville, Inc.	20,600		(2,020)		—		—
Subordinated Debentures	40,000		(538)		40,000		(621)
Finance Lease Obligation	2,857		—		3,051		—
Long-term Borrowings	109,077		(6,432)		88,671		(4,816)
Overnight Variable Rate Advances from Federal Home Loan Bank collateralized by qualifying mortgages, investment securities, and mortgage-backed securities	25,000		—		—		—
Federal Funds Purchased	11,200		—		—		—
Repurchase Agreements	64,961		—		68,328		—
Short-term Borrowings	101,161		—		68,328		—
Total Borrowings	$	210,238	$	(6,432)	$	156,999	$	(4,816)

Schedule of Repurchase Agreements

	2022			2021
Average Daily Balance During the Year	$	52,932		$	52,824
Average Interest Rate During the Year	0.20		%	0.10		%
Maximum Month-end Balance During the Year	$	72,084		$	71,764
Weighted Average Interest Rate at Year-end	0.57		%	0.10		%

Schedule of Principal Payments on Long-Term Borrowings

At December 31, 2022, scheduled principal payments on long-term borrowings, excluding the capitalized lease obligation and acquired subordinated debentures (which are discussed below) are as follows:

2023	$	—
2024	25,000
2025	—
2026	—
2027	—
Thereafter	39,462
Total	$	64,462

Schedule of Issuance of Subordinated Debentures

The following table summarizes the terms of each issuance:

	Date of Issuance	Issuance Amount		Carrying Amount at December 31, 2022		Variable Rate	Rate as of December 31, 2022		Rate as of December 31, 2021		Maturity Date
ACB Trust I	5/6/2005	$	5,155	$	4,013	90 day LIBOR + 2.15%	6.90	%	2.37	%	May 2035
ACB Trust II	7/15/2005	3,093		2,362		90 day LIBOR + 1.85%	6.54	%	2.01	%	July 2035
RIVR Statutory Trust I	3/26/2003	7,217		6,135		3-Month LIBOR + 3.15%	7.87	%	3.37	%	March 2033
Citizens First Statutory Trust I	10/16/2006	5,155		4,236		3-Month LIBOR +1.65%	5.39	%	1.78	%	January 2037
CUB Capital Trust I	10/21/2004	10,310		9,593		3-Month LIBOR +2.00%	6.69	%	N/A		November 2034
CUB Capital Trust II	8/17/2005	10,310		8,987		3-Month LIBOR +1.50%	5.58	%	N/A		October 2035