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FHLB ADVANCES
6 Months Ended
Jun. 30, 2026
FHLB ADVANCES  
FHLB ADVANCES FHLB ADVANCES
The following table summarizes our FHLB advances as of June 30, 2026 and December 31, 2025:
(dollars in thousands)June 30, 2026December 31, 2025
FHLB advances – fixed rate, fixed term at rates averaging 3.93% and 4.08% at June 30, 2026 and December 31, 2025, respectively - maturing through October 2029
$108,000 $168,000 
FHLB advances – putable fixed rate at rates averaging 3.56% and 4.00% at June 30, 2026 and December 31, 2025, respectively – maturing through May 2036 with call provisions through August 2026
150,000 125,000 
Total FHLB advances
$258,000 $293,000 
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 $2.58 billion and $2.87 billion at June 30, 2026 and December 31, 2025, respectively. Based on this collateral, the Company was eligible to borrow $0.77 billion from the FHLB at June 30, 2026.