Securities Sold Under Agreements to Repurchase (Tables)

12 Months Ended

Dec. 31, 2022

Broker-Dealer [Abstract]

Summary of Securities Pledged as Collateral Under Repurchase Agreements

The following table presents detail regarding the securities pledged as collateral under repurchase agreements as of December 31, 2022 and 2021. All of the repurchase agreements are overnight agreements.

	December 31, 2022		December 31, 2021
Securities pledged for repurchase agreements:
U.S. Treasury securities	$	25,143	$	16,478
Obligations of U.S. government agencies		—		9,017
Total securities pledged	$	25,143	$	25,495
Gross amount of recognized liabilities for    repurchase agreements	$	25,143	$	25,495
Amounts related to agreements not included in    offsetting disclosures above	$	—	$	—

Schedule of Securities Sold Under Agreements to Repurchase

Information concerning securities sold under agreements to repurchase was as follows:

	2022			2021			2020
Outstanding balance at year end	$	25,143		$	25,495		$	28,914
Average balance during the year		24,390			24,390			24,390
Average interest rate during the year		0.05	%		0.09	%		0.10	%
Maximum month-end balance during the year	$	26,044		$	34,200		$	31,885
Weighted average interest rate at year end		0.05	%		0.05	%		0.10	%