XML 26 R15.htm IDEA: XBRL DOCUMENT v3.22.2.2
Borrowings
 9 Months Ended
Sep. 30, 2022
Debt Disclosure [Abstract]  
Borrowings Borrowings
Advances payable to the FHLB amounted to $700.0 million and $145.0 million, respectively, at September 30, 2022 and December 31, 2021.

As of September 30, 2022 and December 31, 2021, the Bank had access to a $40.0 million unused line of credit with the FHLB. Additionally, the Bank had a $102.0 million standby letter of credit with the FHLB at September 30, 2022. The Bank had remaining available borrowing capacity of $967.1 million and $1.6 billion, respectively, with the FHLB at September 30, 2022 and December 31, 2021. The Bank pledges certain qualified investment securities and loans as collateral to the FHLB.
The following table presents maturities and weighted average interest rates on FHLB advances outstanding as of September 30, 2022:
(Dollars in thousands)Scheduled
Maturity		Weighted
Average Rate
October 1, 2022 to December 31, 2022$625,000 2.96 %
202355,000 1.92 
202420,000 4.48 
2025— — 
2026— — 
2027 and thereafter— — 
Balance at September 30, 2022$700,000 2.92 %