BORROWINGS (Schedule of Borrowings) (Details) - USD ($) $ in Thousands |
Jun. 30, 2025 |
Dec. 31, 2024 |
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| BORROWINGS | ||
| Securities sold under agreements to repurchase | $ 16,720 | $ 14,342 |
| Overnight advances with FHLB | 33,000 | 27,900 |
| Long-term debt with FHLB | 0 | 5,000 |
| Total borrowings | $ 49,720 | $ 47,242 |
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- Definition Total borrowings. No definition available.
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- Definition Amount of borrowings as of the balance sheet date from the Federal Home Loan Bank, which are primarily used to cover shortages in the required reserve balance and liquidity shortages. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition Amount after offset of short term borrowing where a bank borrows, at the federal funds rate, from another bank and securities that an entity sells and agrees to repurchase at a specified date for a specified price. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Including both current and noncurrent portions, Federal Home Loan Bank borrowings initially due beyond one year or beyond the normal operating cycle if longer. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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