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BORROWINGS
 9 Months Ended
Sep. 30, 2023
Debt Disclosure [Abstract]  
BORROWINGS BORROWINGS:
During the first nine months of 2023, the Company borrowed $745 million and repaid $100 million from the Federal Reserve Bank (“FRB”) under the Bank Term Funding Program (“BTFP”). The BTFP offers up to one year fixed-rate term borrowings that are prepayable without penalty.

The balances, maturity and rate of the outstanding borrowings from the FHLB and the FRB BTFP were as follows at September 30, 2023:
(dollars in thousands)AmountWeighted Average Rate
Within one year$873,000 4.87 %
One to three years450,000 4.56 %
Three through five years550,000 4.35 %
Total$1,873,000 4.64 %