Advances from Federal Home Loan Bank |
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| Advances from Federal Home Loan Bank | NOTE 7: Advances from Federal Home Loan Bank Advances from FHLB of Des Moines are secured by FHLB stock and commercial real estate loans, one- to four-family mortgage loans and multi-family mortgage loans pledged. To secure outstanding advances and the Bank’s line of credit, loans totaling $1.6 billion and $1.5 billion were pledged to the FHLB at June 30, 2026 and 2025, respectively. The principal maturities and weighted average rates of FHLB advances at June 30, 2026 and 2025, are below:
Of the advances outstanding at June 30, 2026, none are callable by the FHLB prior to maturity. In addition to the above advances, the Bank had additional available credit amounting to $918.4 million and $752.6 million with the FHLB at June 30, 2026 and 2025, respectively. |
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