Quarterly report pursuant to Section 13 or 15(d)

Note 5 - Other Borrowings (Tables)

v3.24.2.u1
Note 5 - Other Borrowings (Tables)
6 Months Ended
Jun. 30, 2024
Notes Tables  
Federal Home Loan Bank, Advances [Table Text Block]
   

For the three months ended

   

For the six months ended

 
   

June 30,

   

June 30,

 
   

2024

   

2023

   

2024

   

2023

 
   

(Dollars in thousands)

                 

FHLB of Chicago advances and other borrowings:

                               

Average balance outstanding

  $ 5,000     $ 604     $ 5,000     $ 304  

Maximum amount outstanding at any month-end during the period

    5,000       5,000       5,000       5,000  

Average interest rate during the period

    4.9 %     4.6 %     4.8 %     4.6 %
   

June 30, 2024

   

December 31, 2023

 
   

(Dollars in thousands)

 

Balance outstanding at end of period

    5,000       5,000  

Weighted average interest rate at end of period

    4.8 %     4.8 %
   

June 30, 2024

   

December 31, 2023

 
   

(Dollars in thousands)

 

Outstanding advances

  $ 5,000     $ 5,000  

Additional borrowing capacity

    79,210       72,200  

Total borrowing capacity

  $ 84,210     $ 77,200