The carrying values and weighted average interest rates on borrowings and other obligations as of June 30, 2026 and December 31, 2025 are summarized in the following table. | | | | | | | | | | | | | | | | | | | | | | June 30, 2026 | December 31, 2025 | | (dollars in thousands) | Carrying Value | Average Balance | Weighted
Average Rate | Carrying Value | Average Balance | Weighted Average Rate | | FRBSF advances - Discount Window | $ | — | | $ | — | | — | % | $ | — | | $ | — | | — | % | | FHLB short-term borrowings | — | | — | | — | % | — | | — | | — | % | | Federal funds lines of credit | — | | — | | — | % | — | | — | | — | % | | Subordinated notes | 43,955 | | 43,898 | | 7.36 | % | 43,857 | | 5,189 | | 6.98 | % | | Other obligations (finance leases) | 625 | | 661 | | 3.64 | % | 709 | | 253 | | 3.52 | % | | Total borrowings and other obligations | $ | 44,580 | | $ | 44,559 | | 7.31 | % | $ | 44,566 | | $ | 5,442 | | 6.82 | % | | | | | | | |
|