XML 30 R18.htm IDEA: XBRL DOCUMENT v3.22.0.1
Other Borrowings
 12 Months Ended
Dec. 31, 2021
Other Borrowings [Abstract]  
Other Borrowings Other Borrowings
The Bank maintained credit facilities with the FHLB at December 31, 2021, and 2020, totaling $648.1 million and $614.4 million, respectively. At December 31, 2021, the credit facility was collateralized by $223.0 million of single-family residential mortgages, $145.4 million of commercial real estate loans, and $54.1 million of multifamily loans under a blanket lien arrangement. At December 31, 2020, the credit facility was collateralized by $255.5 million of single-family residential mortgages, $196.2 million of commercial real estate loans, and $72.1 million of multifamily loans under a blanket lien arrangement. The Bank also had $84.8 million of unused line-of-credit facilities with the FRB and $75.0 million with other financial institutions at December 31, 2021, with interest payable at the then stated rate.

    Summary information related to FHLB advances and other borrowings during the years ended December 31, 2021, and 2020 consisted of the following:
Year ended December 31,
20212020
(Dollars in thousands)
Maximum borrowing outstanding at any month end$120,000 $160,000 
Average borrowing outstanding during year115,466 125,392 
Balance outstanding at end of year95,000 120,000 
Average rate paid during the year1.39 %1.31 %
Weighted-average rate paid at end of year1.26 1.40 

At December 31, 2021, all $95.0 million of FHLB advances were due to mature in 2022.