v3.25.4
BORROWINGS (Tables)
12 Months Ended
Dec. 31, 2025
Debt Disclosure [Abstract]  
Schedule of Federal Funds Purchased and Retail Repurchase Agreements

Federal funds purchased and retail repurchase agreements included the following at December 31, 2025 and 2024.

 

 

2025

 

 

2024

 

Federal funds purchased

 

$

 

 

$

 

Retail repurchase agreements

 

$

39,864

 

 

$

37,246

 

Schedule of Borrowing Usage and Interest Rate Information for Federal Funds Purchased and Retail Repurchase Agreements

The following table presents the borrowing usage and interest rate information for federal funds purchased and retail repurchase agreements at and for the years ended December 31, 2025 and 2024.

 

 

2025

 

 

2024

 

Average daily balance during the period

 

$

41,479

 

 

$

39,791

 

Average interest rate during the period

 

 

1.77

%

 

 

1.89

%

Maximum month-end balance during the period

 

$

46,708

 

 

$

47,312

 

Weighted average interest rate at period-end

 

 

1.46

%

 

 

1.74

%

Summary of Federal Home Loan Bank Advances

The Federal Home Loan Bank advances as of December 31, 2025, and 2024 were as follows.

 

 

2025

 

 

Weighted Average Rate

 

 

2024

 

 

Weighted Average Rate

 

 

Federal Home Loan Bank line of credit advances

 

$

200,000

 

 

 

3.89

%

 

$

78,073

 

 

 

4.57

%

 

Federal Home Loan Bank fixed-rate term advances

 

 

100,000

 

 

 

3.84

%

 

 

100,000

 

 

 

4.50

%

 

Total Federal Home Loan Bank advances

 

$

300,000

 

 

 

3.87

%

 

$

178,073

 

 

 

4.53

%