Short-Term Borrowed Funds	9 Months Ended
Sep. 30, 2024
Debt Disclosure [Abstract]
Short-Term Borrowed Funds	Note 13 – Short-Term Borrowed Funds During the first quarter of 2024, the Company borrowed $5.0 million through the FRB’s Bank Term Funding Program (“BTFP”). The BTFP was established as an additional source of liquidity against high-quality securities valued at par. The program offered loans of up to one year in length to banks pledging U.S. Treasuries, agency debt, mortgage-backed securities, and other qualifying assets as collateral. The borrowing was secured by three available for sale agency securities issued by the Small Business Administration with par value totaling $7.5 million. The note was set to mature on January 22, 2025 and charged interest at a rate of 4.93%. On September 18, 2024 this short-term borrowing was paid off which resulted in a decrease of $5.0 million in short term liabilities for the quarter ended September 30, 2024.

Short-Term Borrowed Funds

9 Months Ended

Sep. 30, 2024

Note 13 – Short-Term Borrowed Funds

During the first quarter of 2024, the Company borrowed $5.0 million through the FRB’s Bank Term Funding Program (“BTFP”). The BTFP was established as an additional source of liquidity against high-quality securities valued at par. The program offered loans of up to one year in length to banks pledging U.S. Treasuries, agency debt, mortgage-backed securities, and other qualifying assets as collateral. The borrowing was secured by three available for sale agency securities issued by the Small Business Administration with par value totaling $7.5 million. The note was set to mature on January 22, 2025 and charged interest at a rate of 4.93%. On September 18, 2024 this short-term borrowing was paid off which resulted in a decrease of $5.0 million in short term liabilities for the quarter ended September 30, 2024.