Borrowing Arrangements

6 Months Ended

Jun. 30, 2019

Debt Disclosure [Abstract]

Borrowing Arrangements

Note 9. Borrowing arrangements

As of June 30, 2019, the Company had no borrowings from the Federal Home Loan Bank of San Francisco.The Company has a letter of credit with the FHLB in the amount of $49,000,000 to secure a public deposit.

The Company had available borrowings from the following institutions as of June 30, 2019:

	June 30, 2019
	(In thousands)
Federal Home Loan Bank—San Francisco	$	220,279
Federal Reserve Bank		118,100
Pacific Coast Bankers Bank		8,000
Zions Bank		5,500
Total	$	351,879

The Company has pledged approximately $782.9 million of loans as collateral for these lines of credit as of June 30, 2019.