Borrowed Funds (Tables)

12 Months Ended

Dec. 31, 2020

Borrowed Funds [Abstract]

Summary of Short-term Borrowings

(Dollars in thousands)	2020		2019
Securities sold under agreements to repurchase:
Outstanding at end of year	$	49,160	$	48,728
Weighted average interest rate at year end		0.19%		0.23%
Maximum amount outstanding as of any month end	$	55,290	$	50,345
Average amount outstanding	$	46,519	$	39,778
Approximate weighted average rate during the year		0.20%		0.28%

Summary of Long-term Borrowings

(In thousands)	2020		2019
FHLB advances, bearing fixed interest rates ranging from 1.37% to 2.90% at December 31, 2020	$	70,000	$	70,000
Junior subordinated debt, bearing variable interest rate of 2.98% at December 31, 2020		30,929		30,929
Total long-term debt	$	100,929	$	100,929

Contractual Maturities of Long-term Borrowings

	2020						2019
	Fixed		Floating
(in thousands)	Rate		Rate		Total		Total
Due in 2021	$	5,000	$	—	$	5,000	$	20,000
Due in 2022		—		—		—		—
Due in 2023		15,000		—		15,000		30,000
Due in 2024		—		—		—		20,000
Due in 2025		30,000		—		30,000		—
Thereafter		20,000		30,929		50,929		30,929
Total long-term debt	$	70,000	$	30,929	$	100,929	$	100,929

Schedule of Pledged Collateral on Line of Credit

1-4 family mortgage loans	$	130,638
Commercial loans		48,392
Multi-family loans		4,998
Home equity loans		21,954
	$	205,982