BORROWINGS - Schedule of Short-Term borrowings (Details) |
12 Months Ended | |
---|---|---|
Dec. 31, 2023
USD ($)
|
Dec. 31, 2022
USD ($)
note
|
|
Short-term borrowings | ||
Total short-term debt | $ 12,000,000 | $ 351,054,000 |
FHLB, weighted average interest rate | 3.26% | 1.91% |
Debt weighted average maturity period | 5 days | |
Federal funds purchased | $ 0 | $ 0 |
FHLB advances maturing in less than one year from date of origination, and the current portion of long-term FHLB advances due within 12 months | ||
Short-term borrowings | ||
Total short-term debt | 0 | 339,054,000 |
Term Loan, current portion due within 12 months | ||
Short-term borrowings | ||
Total short-term debt | $ 12,000,000 | $ 12,000,000 |
Federal Home Loan Bank Certificates and Obligations (FHLB) | ||
Short-term borrowings | ||
Number of FHLB notes | note | 4 | |
FHLB, weighted average interest rate | 4.28% | |
Minimum | ||
Short-term borrowings | ||
Short-term borrowings, mature period | 1 day | |
Maximum | ||
Short-term borrowings | ||
Short-term borrowings, mature period | 90 days |