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Securities Sold Under Agreements to Repurchase
9 Months Ended
Sep. 30, 2025
Securities Sold under Agreements to Repurchase [Abstract]  
Securities Sold Under Agreements to Repurchase Securities Sold Under Agreements to Repurchase
At September 30, 2025 and December 31, 2024, securities sold under agreements to repurchase totaled $146.0 million and $162.4 million, respectively. For the three-month periods ended September 30, 2025 and 2024, securities sold under agreements to repurchase daily weighted-average totaled $145.9 million and $157.2 million, respectively. For the nine-month periods ended September 30, 2025 and 2024, securities sold under agreements to repurchase daily weighted-average totaled $148.5 million and $163.0 million, respectively.
The remaining contractual maturity of securities sold under agreements to repurchase in the consolidated balance sheets as of September 30, 2025 and December 31, 2024 is presented in the following table:
September 30, 2025December 31, 2024
Overnight and
Continuous
Total
Overnight and
Continuous
Total
(In thousands)
Securities sold under agreements to repurchase:
Mortgage-backed securities$56,179 $56,179 $48,056 $48,056 
State and political subdivisions30,626 30,626 37,831 37,831 
Other securities59,193 59,193 76,463 76,463 
Total borrowings$145,998 $145,998 $162,350 $162,350