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FEDERAL HOME LOAN BANK ADVANCES AND OTHER BORROWINGS (Tables) | 9 Months Ended
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Sep. 30, 2019
Banking and Thrift [Abstract] |
Summary of Advances from the FHLB | The following table presents the Company's advances from the FHLB as of the dates indicated:
($ in thousands) |  | September 30, 2019 |  | December 31, 2018
Fixed rate: |  |  |  |
Outstanding balance |  | $ | 980,000 |  |  | $ | 805,000 |
Interest rates ranging from |  | 1.81 | % |  | 1.61 | %
Interest rates ranging to |  | 3.32 | % |  | 3.32 | %
Weighted average interest rate |  | 2.51 | % |  | 2.58 | %
Variable rate: |  |  |  |
Outstanding balance |  | 670,000 |  |  | 715,000 |
Weighted average interest rate |  | 2.08 | % |  | 2.56 | %

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