v3.25.2
Federal Home Loan Bank Advances and Other Borrowings (Tables)
6 Months Ended
Jun. 30, 2025
Federal Home Loan Bank Advances and Other Borrowings  
Schedule of FHLB advances, by maturity

The following table presents information regarding FHLB advances, by maturity, at June 30, 2025 and December 31, 2024:

June 30, 2025

December 31, 2024

    

Weighted

    

    

Weighted

    

Average

Total

Average

Total

(dollars in thousands)

Rate

Outstanding

Rate

Outstanding

Less than 1 Year

4.45

%  

$

320,500

4.62

%  

$

288,000

1 to 2 Years

3.71

31,500

3.45

21,500

2 to 3 Years

4.02

30,000

4.13

27,500

3 to 4 Years

4.10

15,000

4.01

22,500

4 to 5 Years

4.09

7,500

Totals

$

404,500

$

359,500

Schedule of revolving line of credit

The following table presents information regarding the revolving line of credit at June 30, 2025 and December 31, 2024:

Total Debt

Total Debt

Outstanding

Outstanding

Interest

Name

Maturity Date

June 30, 2025

December 31, 2024

Rate

Coupon Structure

(dollars in thousands)

Revolving Credit Facility

September 1, 2026

$

13,750

$

13,750

7.50

%

Variable with Floor (1)

(1)The variable interest rate is equal to the greater of Wall Street Journal Prime Rate in effect or a floor of 4.50%.