The Bank has an advance agreement with the FHLB. At June 30, 2026, the Bank had 33 advances totaling $1.43 billion carrying fixed interest rates ranging between 2.90% and 4.74% with scheduled maturities between one month and 7.7 years. The weighted average rate was 3.89% at June 30, 2026. At December 31, 2025, the Bank had 34 advances totaling $1.42 billion carrying fixed interest rates ranging between 1.04% and 4.84% with scheduled maturities between one month and 8.2 years. The weighted average rate was 3.91% at December 31, 2025.

These advances are collateralized by approximately $4.1 billion and $4.0 billion of mortgage loans (including MPP facilities) and loans held for sale as of June 30, 2026 and December 31, 2025, respectively, under an agreement which calls for specific identification of pledged loans. Putable advances are included in the above tables, and there were none utilized as of June 30, 2026 and $10.0 million utilized at December 31, 2025.

The Company also utilizes lines of credit and overnight instruments for its short-term borrowing needs. That includes a line of credit included under the FHLB collateral agreement mentioned above, allowing borrowing up to $100.0 million. The interest rate on the line of credit is a floating rate determined by the FHLB (4.05% at June 30, 2026) and the line of credit matures on May 12, 2027. The Bank had no outstanding borrowings on the line of credit at June 30, 2026 and December 31, 2025. Other overnight borrowing lines had a balance of $85.0 million at June 30, 2026 and no balance at December 31, 2025.

The Company also has a $20.0 million line of credit with another financial institution that it utilizes for holding company liquidity needs. This line had no balance at June 30, 2026 and a $17.0 million balance at December 31, 2025. The line of credit carries a floating rate (7.15% at June 30, 2026 and 7.37% at December 31, 2025), is subject to annual renewal and matures on October 21, 2026.