At June 30, 2025, the Association had a maximum borrowing capacity of $7,619,351, of which $4,882,993 was outstanding. Borrowings from the FHLB of Cincinnati are secured by the Association’s investment in the common stock of the FHLB of Cincinnati, as well as by a blanket pledge of its mortgage portfolio not otherwise pledged. The Association also has the ability to purchase Fed Funds through arrangements with other institutions. Additionally, the ability to borrow from the FRB-Cleveland Discount Window is available to the Association and is secured by a pledge of specific loans in the Association’s mortgage portfolio.


	Borrowing Capacity		Borrowings Available		Borrowings Outstanding
FHLB	$	6,633,552	$	1,768,534	$	4,865,018
FRB Cleveland	530,799		530,799		—
Fed Funds Purchased	455,000		455,000		—
Subtotal	$	7,619,351	$	2,754,333	4,865,018
Accrued Interest					17,975
Total Borrowings					$	4,882,993


	Amount		Weighted Average Rate
Maturing in:
12 months or less	$	1,435,163	3.43	%
13 to 24 months	950,000		3.14
25 to 36 months	926,162		3.76
37 to 48 months	600,870		3.53
49 to 60 months	951,090		3.43
Over 60 months	1,733		1.40
Total Advances	4,865,018		3.45
Accrued interest	17,975
Total	$	4,882,993

All borrowings have fixed rates during their term ranging up to 240 months. The table above reflects the effective maturities and fixed interest rates of the $2,925,000 of short-term FHLB advances that are tied to interest rate swaps discussed in Note 13. DERIVATIVE INSTRUMENTS. Interest is payable monthly for long-term FHLB advances and generally at maturity for FHLB advances with terms of three months or less.