v3.26.1
Borrowings, FHLB Stock and Subordinated Notes (Tables)
6 Months Ended
Jun. 30, 2026
Debt Disclosure [Abstract]  
Schedule of Federal Home Loan Bank Advances and Maturity and Borrowing Capacity from the FHLB
The following tables present advances from the FHLB as of the dates indicated (dollars in thousands):
June 30, 2026December 31, 2025
FHLB advances:
Short-term advances (one year or less)$— $— 
Long-term advances (over one year)— 10,000 
Total
$— $10,000 
June 30, 2026December 31, 2025
Fixed Rate:
Outstanding balance$— $10,000 
Interest rates ranging from— %4.06 %
Interest rates ranging to— %4.06 %
Weighted average interest rate— %4.06 %
The following table presents the Company’s borrowing capacity from the FHLB as of the dates indicated:
June 30, 2026December 31, 2025
Amount available to borrow under credit facility(1)
$485,376 $347,095 
Advance equivalent of collateral:
One-to-four family loans$197,352 $190,290 
Commercial and multifamily loans19,080 21,097 
Home equity loans275 278 
Notional amount of letters of credit outstanding15,000 14,000 
Remaining FHLB borrowing capacity(2)
$201,708 $187,665 
(1)Subject to eligible pledged collateral.
(2)Amount remaining from the advance equivalent of collateral less letters of credit outstanding and FHLB advances.