v3.25.2
BORROWINGS (Tables)
6 Months Ended
Jun. 30, 2025
SHORT-TERM BORROWINGS.  
Schedule of Short-term borrowings and weighted-average interest rates

(Dollars in thousands)

June 30, 2025

December 31, 2024

 

Average

Average

 

    

Amount

    

Rate

    

Amount

    

Rate

 

    

Federal funds purchased

 

$

%  

$

 

6.56

%

 

Securities sold under agreements to repurchase

 

29,551

3.87

%  

 

32,932

 

4.34

%

Federal Discount Window

 

4.50

%  

 

 

5.46

%

Federal Home Loan Bank of Pittsburgh

 

100,000

4.76

%  

 

101,494

 

5.60

%

Total

$

129,551

4.56

%  

$

134,426

 

5.37

%

Schedule of the repurchase agreements subject to enforceable master netting arrangements

(Dollars in thousands)

Gross Amounts Not Offset in the Consolidated Balance Sheet

Gross

Net Amounts

Amounts

of Liabilities

Gross

Offset in the

Presented

Amounts of

Consolidated

in the

Cash

Recognized

Balance

Consolidated

Financial

Collateral

Net

Liabilities

Sheet

Balance Sheet

Instruments

Pledge

Amount

June 30, 2025

 

  

 

  

 

  

 

  

 

  

 

  

Repurchase agreements (a)

$

29,551

$

$

29,551

$

(29,551)

$

$

 

  

 

  

 

  

 

  

 

  

 

  

December 31, 2024

 

  

 

  

 

  

 

  

 

  

 

  

Repurchase agreements (a)

$

32,932

$

$

32,932

$

(32,932)

$

$

(a)As of June 30, 2025 and December 31, 2024, the fair value of securities pledged in connection with repurchase agreements was $34,847,000 and $36,216,000, respectively.
Schedule of the remaining contractual maturity of the master netting arrangement or repurchase agreements

(Dollars in thousands)

Remaining Contractual Maturity of the Agreements

Overnight

Greater

Greater

and

Up to

30 -90

than

Continuous

30 days

Days

90 Days

Total

June 30, 2025:

Repurchase agreements and repurchase-to-maturity transactions:

 

  

 

  

 

  

 

  

 

  

U.S. Treasury and/or agency securities

$

29,551

$

$

$

$

29,551

Total

$

29,551

$

$

$

$

29,551