FEDERAL HOME LOAN BANK ADVANCES AND OTHER BORROWINGS

3 Months Ended

Mar. 31, 2022

Debt Disclosure [Abstract]

FEDERAL HOME LOAN BANK ADVANCES AND OTHER BORROWINGS

6.  FEDERAL HOME LOAN BANK ADVANCES AND OTHER BORROWINGS

At March 31, 2022, the Company had $122.1 million of overnight borrowings at the FHLB at a rate of 72 basis points compared to no overnight borrowings as of December 31, 2021.  At March 31, 2022, unused short-term overnight borrowing commitments totaled $1.8 billion from the FHLB, $22.0 million from correspondent banks and $1.6 billion at the Federal Reserve Bank of New York.