v3.25.2
FHLB ADVANCES AND OTHER BORROWINGS (Tables)
 12 Months Ended
Dec. 31, 2024
FHLB ADVANCES AND OTHER BORROWINGS  
Schedule of Federal Home Loan Bank (FHLB) Advances
The following table summarizes our FHLB advances and other borrowings as of December 31, 2024 and December 31, 2023:
(dollars in thousands)December 31, 2024December 31, 2023
FHLB advances – fixed rate, fixed term at rates averaging 4.50% and 4.94% at December 31, 2024 and December 31, 2023 - maturing through October 2029
$133,000 $150,000 
FHLB advances – putable fixed rate at rates averaging 3.69% and 3.07% at December 31, 2024 and December 31, 2023, respectively – maturing through July 2034 with call provisions through February 2025
125,000 160,000 
FHLB advances – Short term fixed rate at rates of 5.45% at December 31, 2023
— 166,000 
Total FHLB advances and other borrowings$258,000 $476,000 
Schedule of Required Payments of Federal Home Loan Bank Advances
Contractual payments over the next five years for FHLB advances and other borrowings were as follows:
(dollars in thousands)Amount
Year Ending December 31,
2025$40,000 
202635,000 
2027— 
202845,000 
2029113,000 
Thereafter25,000 
Total$258,000