Annual report [Section 13 and 15(d), not S-K Item 405]

Note 7 - Other Borrowings (Tables)

v3.25.1
Note 7 - Other Borrowings (Tables)
12 Months Ended
Dec. 31, 2024
Notes Tables  
Federal Home Loan Bank, Advances [Table Text Block]
   

At or For the Year Ended December 31,

 
   

2024

   

2023

 
   

(Dollars in thousands)

 

FHLB of Chicago advances and other borrowings:

               

Average balance outstanding

  $ 5,000     $ 3,461  

Maximum amount outstanding at any month-end during the period

    5,000       15,000  

Balance outstanding at end of period

    5,000       5,000  

Average interest rate during the period

    4.8 %     5.0 %

Weighted average interest rate at end of period

    4.8 %     4.8 %
   

December 31, 2024

   

December 31, 2023

 
   

(Dollars in thousands)

 

Outstanding advances

  $ 5,000     $ 5,000  

Additional borrowing capacity

    73,094       72,200  

Total borrowing capacity

  $ 78,094     $ 77,200