v3.26.1
Federal Funds Purchased and Securities Sold Under Agreements to Repurchase
6 Months Ended
Jun. 30, 2026
Broker-Dealer [Abstract]  
Federal Funds Purchased and Securities Sold Under Agreements to Repurchase

NOTE 10 FEDERAL FUNDS PURCHASED AND SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE

The Company had no federal funds purchased at June 30, 2026 and $15 million at December 31, 2025. Securities sold under agreement to repurchase, which were comprised of U.S. Treasuries and government agency securities, were as follows at June 30, 2026 and December 31, 2025.

 

 

 

(In Thousands)

 

 

 

June 30, 2026

 

 

 

Remaining Contractual Maturity of the Agreements

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Overnight & Continuous

 

 

Up to 30 days

 

 

30-90 days

 

 

Greater Than
90 days

 

 

Total

 

Federal funds purchased

 

$

-

 

 

$

-

 

 

$

-

 

 

$

-

 

 

$

-

 

Repurchase agreements

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

US Treasury & agency securities

 

$

9

 

 

$

-

 

 

$

-

 

 

$

14,762

 

 

$

14,771

 

Total

 

$

9

 

 

$

-

 

 

$

-

 

 

$

14,762

 

 

$

14,771

 

 

 

 

 

(In Thousands)

 

 

 

December 31, 2025

 

 

 

Remaining Contractual Maturity of the Agreements

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Overnight & Continuous

 

 

Up to 30 days

 

 

30-90 days

 

 

Greater Than
90 days

 

 

Total

 

Federal funds purchased

 

$

15,000

 

 

$

-

 

 

$

-

 

 

$

-

 

 

$

15,000

 

Repurchase agreements

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

US Treasury & agency securities

 

$

-

 

 

$

-

 

 

$

-

 

 

$

22,718

 

 

$

22,718

 

Total

 

$

15,000

 

 

$

-

 

 

$

-

 

 

$

22,718

 

 

$

37,718