XML 27 R16.htm IDEA: XBRL DOCUMENT

Short-Term Borrowings

9 Months Ended

Sep. 30, 2025

8. Short-Term Borrowings

At September 30, 2025 and December 31, 2024, short-term borrowings were comprised of the following:


(dollars in thousands)	September 30, 2025		December 31, 2024
Short-term FHLB fixed-rate advances⁽¹⁾	$	—	$	250,000
Total short-term borrowings	$	—	$	250,000

(1)	Interest is payable monthly.

As of September 30, 2025, the Company held no short-term borrowings. As of December 31, 2024, the Company’s short-term borrowings consisted of a $250.0 million short-term FHLB fixed-rate advance with a weighted average interest rate of 4.16% that matured in September 2025.

As of September 30, 2025 and December 31, 2024, the Company had a remaining line of credit of $3.0 billion and $2.8 billion, respectively, available from the FHLB. The FHLB borrowing capacity was secured by commercial real estate and residential real estate loan collateral as of both September 30, 2025 and December 31, 2024. As of September 30, 2025 and December 31, 2024, the Company had an undrawn line of credit of $3.4 billion and $3.0 billion, respectively, available from the FRB. The borrowing capacity with the FRB was secured by consumer, commercial and industrial, commercial real estate, residential real estate loans and pledged securities as of both September 30, 2025 and December 31, 2024. See “Note 6. Transfers of Financial Assets” for more information.


	Nine Months Ended September 30,
(dollars in thousands)	2025			2024
Short-term FHLB fixed-rate advances:
Weighted-average interest rate at September 30,		—	%		4.16	%
Highest month-end balance	$	250,000		$	500,000
Average outstanding balance	$	235,348		$	483,577
Weighted-average interest rate paid		4.22	%		4.78	%