FEDERAL HOME LOAN BANK ADVANCES - MATURITIES (Details) - USD ($) $ in Thousands |
2 Months Ended | ||
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Jun. 30, 2024 |
Jun. 30, 2025 |
Dec. 31, 2024 |
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Principal | |||
2026 | $ 130,000 | ||
2027 | 80,000 | ||
2028 | 160,000 | ||
Total | $ 370,000 | $ 395,000 | |
Weighted Average Rate | |||
2026 | 4.65% | ||
2027 | 4.01% | ||
2028 | 4.39% | ||
Total | 4.40% | ||
Fixed interest rate advances | |||
Principal | |||
Total | $ 370,000 | $ 370,000 | |
Weighted Average Rate | |||
Additional borrowing amount | $ 100,000 | ||
Annualized cost percentage | 4.42% | ||
Maturity period | 5 years | ||
FHLB Interest rate | 4.35% |
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- Definition Amount of additional borrowings from the Federal Home Loan Bank during the period, which are primarily used to cover shortages in the required reserve balance and liquidity shortages. No definition available.
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- Definition Percentage of annualized costs for borrowings from the Federal Home Loan Bank. No definition available.
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- Definition Percentage of weighted average costs for borrowings from the Federal Home Loan Bank. No definition available.
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- Definition Amount of borrowings as of the balance sheet date from the Federal Home Loan Bank, which are primarily used to cover shortages in the required reserve balance and liquidity shortages. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition States the interest rate applicable to Federal Home Loan Bank advances outstanding as of the Balance Sheet date. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- References No definition available.
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- Definition Weighted average interest rate of advance from Federal Home Loan Bank (FHLBank) due in next fiscal year following current fiscal year. Excludes interim and annual periods when interim periods are reported from current statement of financial position date (rolling approach). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Weighted average interest rate of advance from Federal Home Loan Bank (FHLBank) due in second fiscal year following current fiscal year. Excludes interim and annual periods when interim periods are reported from current statement of financial position date (rolling approach). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Weighted average interest rate of advance from Federal Home Loan Bank (FHLBank) due in third fiscal year following current fiscal year. Excludes interim and annual periods when interim periods are reported from current statement of financial position date (rolling approach). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of advance from Federal Home Loan Bank (FHLBank) maturing in second fiscal year following current fiscal year. Excludes interim and annual periods when interim periods are reported from current statement of financial position date (rolling approach). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of advance from Federal Home Loan Bank (FHLBank) maturing in third fiscal year following current fiscal year. Excludes interim and annual periods when interim periods are reported from current statement of financial position date (rolling approach). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of advance from Federal Home Loan Bank (FHLBank) maturing in next fiscal year following current fiscal year. Excludes interim and annual periods when interim periods are reported from current statement of financial position date (rolling approach). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Maturity period on fixed rate advances made and reported by Federal Home Loan Bank (FHLBank), in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. No definition available.
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- Details
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