v3.25.1
BORROWINGS (Tables)
3 Months Ended
Mar. 31, 2025
BORROWINGS  
Federal Home Loan Bank, Advance, Branch of FHLBank

The following tables set forth the contractual maturities in the next five years and weighted average interest rates of the Company’s fixed rate FHLB advances (dollars in thousands):

Balance at March 31, 

2025

Weighted

Contractual Maturity

    

Amount

    

Average Rate

Overnight

$

%

2025, rates from 0.56% to 0.59%

7,080

0.58

%

2026, rates from 4.29% to 4.98%

40,475

4.50

%

2027, rates from 4.13% to 4.74%

40,250

4.32

%

2028, rates from 3.99% to 4.58%

 

20,000

 

4.18

%

Total term advances

107,805

4.11

%

Total FHLB advances

$

107,805

 

4.11

%

Balance at December 31, 

2024

Weighted

Contractual Maturity

    

Amount

    

Average Rate

Overnight

$

%

2025, rates from 0.56% to 0.59%

7,080

0.58

%

2026, rates from 4.29% to 4.98%

40,475

4.50

%

2027, rates from 4.13% to 4.74%

40,250

4.32

%

2028, rates from 3.99% to 4.58%

 

20,000

 

4.18

%

Total term advances

 

107,805

 

4.11

%

Total FHLB advances

$

107,805

 

4.11

%