v3.26.1
Borrowings
6 Months Ended
Jun. 30, 2026
Debt Disclosure [Abstract]  
Borrowings Borrowings
The Company did not have any debt outstanding as of June 30, 2026 or December 31, 2025.

Borrowing Capacity

The following table summarizes the Company’s available borrowing capacity and the related pledged collateral:
June 30, 2026December 31, 2025
Available Borrowing Capacity
Pledged Collateral(1)
Available Borrowing Capacity
Pledged Collateral(2)
FRB Discount Window$3,446,444 $4,489,394 $3,294,827 $4,245,845 
FHLB of Des Moines
672,819 843,283 679,361 861,913 
Total
$4,119,263 $5,332,677 $3,974,188 $5,107,758 
(1)    As of June 30, 2026, the Company had $4.5 billion in loans pledged under the Federal Reserve System (FRB) Discount Window, and $467.7 million in loans and $375.6 million in securities available for sale at fair value pledged to the Federal Home Loan Bank (FHLB) of Des Moines.
(2)    As of December 31, 2025, the Company had $4.2 billion in loans pledged under the FRB Discount Window, and $486.2 million in loans and $375.7 million in securities available for sale at fair value pledged to the FHLB of Des Moines.