v3.25.4
Borrowing Arrangements
 12 Months Ended
Dec. 31, 2025
Debt Disclosure [Abstract]  
Borrowing Arrangements Borrowing Arrangements
Federal Home Loan Bank Borrowings, Federal Reserve Bank Borrowings, and Available Lines of Credit
HBC has off-balance sheet liquidity in the form of Federal funds purchase arrangements with correspondent banks, and lines of credit from the FHLB and FRB. HBC maintains a collateralized line of credit with the FHLB of San Francisco. Under this line, HBC can borrow from the FHLB on a short-term (typically overnight) or long-term (over one year) basis. HBC can also borrow from the FRB discount window. The following table shows the collateral value of loans
and securities pledged for the lines of credit (if collateralized), total available lines of credit, the amounts outstanding, and the remaining available at the dates indicated:
December 31, 2025
Collateral
Value		Total
Available		OutstandingRemaining
Available
(Dollars in thousands)
FHLB collateralized borrowing capacity$1,229,391 $816,066 $— $816,066 
FRB discount window collateralized line of credit1,497,471 1,193,854 — 1,193,854 
Federal funds purchase arrangementsN/A75,000 — 75,000 
 Total$2,726,862 $2,084,920 $— $2,084,920 
December 31, 2024
Collateral
Value		Total
Available		OutstandingRemaining
Available
(Dollars in thousands)
FHLB collateralized borrowing capacity$1,233,768 $815,760 $— $815,760 
FRB discount window collateralized line of credit1,755,347 1,383,149 — 1,383,149 
Federal funds purchase arrangementsN/A90,000 — 90,000 
Holding company line of creditN/A25,000 — 25,000 
Total$2,989,115 $2,313,909 $— $2,313,909 
HBC may also utilize securities sold under repurchase agreements to manage our liquidity position. There were no securities sold under agreements to repurchase at December 31, 2025, and 2024.
Subordinated Debt
On May 11, 2022, the Company completed a private placement offering of $40,000,000 aggregate principal amount of its 5.00% fixed-to-floating rate subordinated notes due May 15, 2032 (“Sub Debt due 2032”). The Company used the net proceeds of the Sub Debt due 2032 for general corporate purposes, including the repayment on June 1, 2022 of the Company’s $40,000,000 aggregate principal amount of 5.25% fixed-to-floating rate subordinated notes due June 1, 2027. The Sub Debt due 2032, net of unamortized issuance costs of $195,000, totaled $39,805,000 at December 31, 2025, and qualifies as Tier 2 capital for the Company under the guidelines established by the Federal Reserve Bank. The debt issuance costs are amortized on a straight line basis through the maturity date of the subordinated notes.