v3.25.2
Borrowings (Tables)
6 Months Ended
Jun. 30, 2025
Debt Disclosure [Abstract]  
Schedule of Borrowings
The following table summarizes the Company’s available borrowing capacity and the related pledged collateral:
June 30, 2025December 31, 2024
Available Borrowing Capacity
Pledged Collateral (1)
Available Borrowing Capacity
Pledged Collateral (2)
FRB Discount Window$3,147,467 $4,040,978 $2,635,034 $3,245,547 
FHLB of Des Moines
604,991 799,732 626,117 829,885 
Total
$3,752,458 $4,840,710 $3,261,151 $4,075,432 
(1)    As of June 30, 2025, the Company had $4.0 billion in loans pledged under the Federal Reserve System (FRB) Discount Window, and $428.3 million in loans and $371.5 million in securities available for sale at fair value pledged to the Federal Home Loan Bank (FHLB) of Des Moines.
(2)    As of December 31, 2024, the Company had $3.2 billion in loans pledged under the FRB Discount Window, and $456.4 million in loans and $373.5 million in securities available for sale at fair value pledged to the FHLB of Des Moines.