The Bank has an advance agreement with the FHLB. At March 31, 2026, the Bank had 33 advances totaling $1.43 billion carrying fixed interest rates ranging between 2.90% and 4.84% with scheduled maturities between one month and 7.8 years. The weighted average rate was 3.92% at March 31, 2026. At December 31, 2025, the Bank had 34 advances totaling $1.42 billion carrying fixed interest rates ranging between 1.04% and 4.84% with scheduled maturities between one month and 8.2 years. The weighted average rate was 3.91% at December 31, 2025.

These advances are collateralized by approximately $4.2 billion and $4.0 billion of mortgage loans (including MPP facilities) and loans held for sale as of March 31, 2026 and December 31, 2025, respectively, under an agreement which calls for specific identification of pledged loans. Putable advances are included in the above tables, and there were none utilized as of March 31, 2026 and $10.0 million utilized at December 31, 2025.

The Company also utilizes lines of credit and overnight instruments for its short-term borrowing needs. That includes a line of credit included under the collateral agreement mentioned above, allowing borrowing up to $100.0 million. The interest rate on the line of credit is a floating rate determined by the FHLB (4.02% at March 31, 2026) and the line of credit matures on May 12, 2026. The Bank had $24.0 million and no outstanding borrowings on the line of credit at March 31, 2026 and December 31, 2025, respectively. Overnight borrowing lines had a balance of $180.0 million at March 31, 2026 and no balance at December 31, 2025.

The Company also has a $20.0 line of credit with another financial institution that it utilizes for holding company liquidity needs. This line had no balance at March 31, 2026 and a $17.0 million balance at December 31, 2025. The line of credit carries a floating rate (7.16% at March 31, 2026 and 7.37% at December 31, 2025), is subject to annual renewal and matures on October 21, 2026.