v3.25.2
BORROWINGS
6 Months Ended
Jun. 30, 2025
BORROWINGS  
BORROWINGS

9. BORROWINGS

Borrowings consisted of the following as of June 30, 2025 and December 31, 2024:

(Dollars in thousands)

June 30, 

December 31, 

    

2025

    

2024

Securities sold under agreements to repurchase

$

16,720

$

14,342

Overnight advances with FHLB

 

33,000

 

27,900

Long-term debt with FHLB

 

 

5,000

Total borrowings

$

49,720

$

47,242

The Company’s long-term debt was comprised only of Federal Home Loan Bank (“FHLB”) advances with an original maturity of one year or more. The remaining long-term debt advance with the FHLB matured on June 2, 2025.