v3.25.2
FHLB ADVANCES AND OTHER BORROWINGS
 3 Months Ended
Mar. 31, 2025
FHLB ADVANCES AND OTHER BORROWINGS  
FHLB ADVANCES AND OTHER BORROWINGS FHLB ADVANCES AND OTHER BORROWINGS
The following table summarizes our FHLB advances and other borrowings as of March 31, 2025 and December 31, 2024:
(dollars in thousands)March 31, 2025December 31, 2024
FHLB advances – fixed rate, fixed term at rates averaging 4.50% at March 31, 2025 and December 31, 2024 - maturing through October 2029
$133,000 $133,000 
FHLB advances – putable fixed rate at rates averaging 3.69% at both March 31, 2025 and December 31, 2024 – maturing through July 2034 with call provisions through May 2025
125,000 125,000 
FHLB advances – Short term fixed rate at rates averaging 4.44% at March 31, 2025
240,000 — 
Total FHLB advances and other borrowings$498,000 $258,000 
    The Company’s advances from the FHLB are collateralized by a blanket collateral agreement of qualifying mortgage and home equity line of credit loans and certain commercial real estate loans totaling approximately $3.10 billion and $3.23 billion at March 31, 2025 and December 31, 2024, respectively. Based on this collateral, the Company was eligible to borrow $1.02 billion from the FHLB at March 31, 2025.