v3.25.4
Securities Sold Under Agreements to Repurchase
12 Months Ended
Dec. 31, 2025
Carrying Value of Securities Sold under Repurchase Agreements and Deposits Received for Securities Loaned [Abstract]  
Securities Sold Under Agreements to Repurchase Securities Sold Under Agreements to Repurchase
Information concerning securities sold under agreements to repurchase is as follows as of and for years ended December 31,:
20252024
Amount outstanding at period-end$11,160 $14,699 
Average daily balance during the period$8,956 $15,557 
Average interest rate during the period1.66 %1.21 %
Maximum month-end balance during the period$11,681 $24,240 
Weighted average interest rate at period-end1.17 %1.05 %
At December 31, 2025 and 2024, such agreements were secured by investment and mortgage-related securities with an approximate carrying amount of $18,044 and $20,818, respectively. Pledged securities are maintained by safekeeping agents at the direction of the Bank. Our agreements to repurchase generally mature daily and are considered to be in an overnight and continuous position.