At December 31, 2025, the Association had a maximum borrowing capacity of $7,714,194, of which $4,923,978 was outstanding. Borrowings from the FHLB of Cincinnati are secured by the Association’s investment in the common stock of the FHLB of Cincinnati, as well as by a blanket pledge of its mortgage portfolio not otherwise pledged. The Association also has the ability to purchase Fed Funds through arrangements with other institutions. Additionally, the ability to borrow from the FRB-Cleveland Discount Window is available to the Association and is secured by a pledge of specific loans in the Association’s mortgage portfolio.


	Borrowing Capacity		Borrowings Available		Borrowings Outstanding
FHLB	$	6,800,415	$	2,026,437	$	4,773,978
FRB Cleveland	478,779		478,779		—
Fed Funds Purchased	435,000		285,000		150,000
Subtotal	$	7,714,194	$	2,790,216	4,923,978
Accrued Interest					15,857
Total Borrowings					$	4,939,835


	Amount		Weighted Average Rate
Maturing in:
12 months or less	$	1,270,066	3.23	%
13 to 24 months	1,225,862		3.56
25 to 36 months	675,000		3.64
37 to 48 months	1,001,627		3.41
49 to 60 months	750,000		3.49
Over 60 months	1,423		1.41
Total Borrowings	4,923,978		3.44
Accrued Interest	15,857
Total	4,939,835

All borrowings have fixed rates during their term ranging up to 240 months. The table above reflects the effective maturities and fixed interest rates of $2,950,000 of short-term FHLB advances that are tied to interest rate swaps discussed in Note 13. DERIVATIVE INSTRUMENTS. Interest is payable monthly for long-term FHLB advances and generally at maturity for FHLB advances with terms of three months or less.