v3.26.1
FHLB Advances, Other Borrowings and Subordinated Notes and Debentures (Tables)
6 Months Ended
Jun. 30, 2026
Debt Disclosure [Abstract]  
Composition of Borrowed Funds

The composition of borrowed funds is shown below. Average balances represent year-to-date averages.

 

 

June 30, 2026

 

 

December 31, 2025

 

 

 

Balance

 

 

Weighted
Average
Balance

 

 

Weighted
Average
Rate

 

 

Balance

 

 

Weighted
Average
Balance

 

 

Weighted
Average
Rate

 

 

 

(Dollars in Thousands)

 

FHLB advances

 

$

291,929

 

 

$

264,376

 

 

 

3.37

%

 

$

197,246

 

 

$

246,486

 

 

 

3.20

%

Line of credit

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1

 

 

 

4.25

 

Other borrowings

 

 

 

 

 

 

 

 

 

 

 

 

 

 

4

 

 

 

 

Subordinated notes and debentures

 

 

54,865

 

 

 

54,831

 

 

 

6.42

 

 

 

54,805

 

 

 

54,742

 

 

 

6.43

 

 

 

$

346,794

 

 

$

319,207

 

 

 

3.90

 

 

$

252,051

 

 

$

301,233

 

 

 

3.79

 

 

Summary of Annual Maturities of Borrowing

A summary of annual maturities of borrowings at June 30, 2026 is as follows:

(In Thousands)

 

 

 

Maturities during the year ended December 31,

 

 

 

2026

 

$

240,912

 

2027

 

 

10,000

 

2028

 

 

10,450

 

2029

 

 

23,543

 

2030

 

 

 

Thereafter

 

 

61,889

 

 

 

$

346,794