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Securities Sold Under Agreements to Repurchase
6 Months Ended
Jun. 30, 2024
Securities Sold under Agreements to Repurchase [Abstract]  
Securities Sold Under Agreements to Repurchase
9. Securities Sold Under Agreements to Repurchase
At June 30, 2024 and December 31, 2023, securities sold under agreements to repurchase totaled $138.0 million and $142.1 million, respectively. For the three-month periods ended June 30, 2024 and 2023, securities sold under agreements to repurchase daily weighted-average totaled $159.9 million and $144.0 million, respectively. For the six-month periods ended June 30, 2024 and 2023, securities sold under agreements to repurchase daily weighted-average totaled $166.0 million and $139.5 million, respectively.
The remaining contractual maturity of securities sold under agreements to repurchase in the consolidated balance sheets as of June 30, 2024 and December 31, 2023 is presented in the following table:
June 30, 2024December 31, 2023
Overnight and
Continuous
Total
Overnight and
Continuous
Total
(In thousands)
Securities sold under agreements to repurchase:
Mortgage-backed securities$12,421 $12,421 $— $— 
Other securities125,575 125,575 142,085 142,085 
Total borrowings$137,996 $137,996 $142,085 $142,085