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ADVANCES FROM FEDERAL HOME LOAN BANK OF DES MOINES
 12 Months Ended
Dec. 31, 2021
Advances from Federal Home Loan Banks [Abstract]  
ADVANCES FROM FEDERAL HOME LOAN BANK OF DES MOINES ADVANCES FROM FEDERAL HOME LOAN BANK OF DES MOINES
Utilizing a blanket pledge, qualifying loans receivable at December 31, 2021 and 2020, were pledged as security for FHLB borrowings and there were no securities pledged as collateral as of December 31, 2021 or 2020.  At December 31, 2021 and 2020, FHLB advances were scheduled to mature as follows (in thousands):
 At or for the Years Ended December 31
 20212020
AmountWeighted Average RateAmountWeighted Average Rate
Maturing in one year or less$50,000 2.72 %$100,000 2.51 %
Maturing after one year through three years— — 50,000 2.72 
Maturing after three years through five years— — — — 
Maturing after five years— — — — 
Total FHLB advances$50,000 2.72 %$150,000 2.58 %
The maximum amount outstanding from the FHLB advances at any month end for the years ended December 31, 2021 and 2020 was $150.0 million and $380.0 million, respectively. The average FHLB advances balance outstanding for the years ended December 31, 2021 and 2020 was $97.9 million and $215.1 million, respectively. The average contractual interest rate on the FHLB advances for the years ended December 31, 2021 and 2020 was 2.65% and 2.34%, respectively. As of December 31, 2021, Banner Bank has established a borrowing line with the FHLB to borrow up to 45% of its total assets, contingent on having sufficient qualifying collateral and ownership of FHLB stock.  At December 31, 2021, under these credit facilities based on pledged collateral, Banner Bank had $2.38 billion of available credit capacity.