Securities Sold Under Agreements to Repurchase

6 Months Ended

Jun. 30, 2025

Securities Sold Under Agreements to Repurchase

(9) Securities Sold Under Agreements to Repurchase:

The agreements to repurchase securities require the Company (seller) to repurchase identical securities as those that are sold. The securities underlying the agreements were under the Company’s control. Information about the repurchase agreements at June 30, 2025 follows:

	Overnight and Continuous
2025
Remaining Contractual Maturity of the Agreements
	Overnight and Continuous
Repurchase agreements secured by:
U.S. Government sponsored agencies	$	12,665
Mortgage-backed – residential		6,799
Collateralized mortgage obligations (CMOs)		6,735

Total securities sold under agreements to repurchase	$	26,199

Information about the repurchase agreements at December 31, 2024 follows:

	Overnight and Continuous
2024
Remaining Contractual Maturity of the Agreements
	Overnight and Continuous
Repurchase agreements secured by:
U.S. Government sponsored agencies	$	12,271
Mortgage-backed – residential		5,304
Collateralized mortgage obligations (CMOs)		5,104

Total securities sold under agreements to repurchase	$	22,679

The maximum amount of outstanding agreements at any month end during 2025 and 2024 totaled $28,325 and $31,640, respectively, and the monthly average of such agreements totaled $20,331 and $22,551 for 2025 and 2024, respectively.

Tri-County Financial Group, Inc. 10-Q