| Federal Home Loan Bank, Advances |
The Company had outstanding advances from the Federal Home Loan Bank (“FHLB”) of $334.2 million and $431.2 million as of September 30, 2026, and December 31, 2025, respectively, consisting of: | | | | | | | | | | | | | (Dollars in thousands) | September 30, 2026 | | December 31, 2025 | | | | | 4.65% advance due January 2026 | $ | — | | | $ | 25,000 | | 3.62% advance due January 2026 (a) | — | | | 120,000 | | 4.00% advance due March 2026 | — | | | 25,000 | | 4.56% advance due July 2026 | — | | | 25,000 | | 3.91% advance due July 2026 | — | | | 25,000 | | 4.05% advance due October 2026 | 32,500 | | | — | | 4.11% advance due October 2026 | 32,500 | | | — | | 4.12% advance due October 2026 | 32,500 | | | — | | 4.14% advance due October 2026 | 32,500 | | | — | | 0.89% advance due November 2026 (b) | 2,043 | | | 11,200 | | 4.84% advance due December 2026 | 25,000 | | | 25,000 | | 0.71% advance due August 2027 (b) (c) | 267 | | | — | | 0.70% advance due August 2027 (b) (c) | 134 | | | — | | 0.68% advance due August 2027 (b) (c) | 134 | | | — | | 4.78% advance due September 2027 | 25,000 | | | 25,000 | | 4.73% advance due March 2028 | 25,000 | | | 25,000 | | 4.69% advance due September 2028 | 25,000 | | | 25,000 | | 4.13% advance due October 2028 (d) | 25,000 | | | 25,000 | | 0.94% advance due August 2030 (b) (c) | 806 | | | — | | 0.92% advance due August 2030 (b) (c) | 403 | | | — | | 0.90% advance due August 2030 (b) (c) | 402 | | | — | | 3.92% advance due October 2030 (d) | 25,000 | | | 25,000 | | 3.72% advance due October 2033 (d) | 25,000 | | | 25,000 | | 3.57% advance due October 2033 (d) | 25,000 | | | 25,000 | | | Total FHLB advances | $ | 334,189 | | | $ | 431,200 | | | | | | | | | | | | | | | | | |
(a)Short term overnight advance. (b)Principal paid monthly. (c)Acquired during the Progressive acquisition. (d)Loan has put options beginning in October 2024.
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