Federal Home Loan Bank Advances

3 Months Ended

Mar. 31, 2019

Federal Home Loan Bank Advances

Advances payable to the FHLB amounted to $1.1 billion and $950.7 million, respectively, at March 31, 2019 and December 31, 2018.

The following table presents maturities and weighted average interest rates on FHLB advances outstanding as of March 31, 2019:



(Dollars in thousands)	Scheduled Maturity		Weighted Average Rate
April 1, 2019 to December 31, 2019		$822,665	2.63	%
2020	77,033		2.10
2021	86,222		2.73
2022	55,447		3.65
2023	9,428		4.01
2024 and thereafter	5,334		5.06
Balance at March 31, 2019		$1,056,129	2.68	%

As of March 31, 2019 and December 31, 2018, the Bank had access to a $40.0 million unused line of credit with the FHLB and also had remaining available borrowing capacity of $575.7 million and $628.5 million, respectively. The Bank pledges certain qualified investment securities and loans as collateral to the FHLB.