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FEDERAL HOME LOAN BANK ADVANCES AND OTHER BORROWINGS (Tables) | 3 Months Ended
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Mar. 31, 2020
Banking and Thrift [Abstract] |
Summary of Advances from the FHLB | The following table presents advances from the FHLB as of the dates indicated:
($ in thousands) |  | March 31, 2020 |  | December 31, 2019
Fixed rate: |  |  |  |
Outstanding balance |  | $ | 888,000 |  |  | $ | 730,000 |
Interest rates ranging from |  | 0.56 | % |  | 1.82 | %
Interest rates ranging to |  | 3.32 | % |  | 3.32 | %
Weighted average interest rate |  | 2.24 | % |  | 2.66 | %
Variable rate: |  |  |  |
Outstanding balance |  | 90,000 |  |  | 465,000 |
Weighted average interest rate |  | 0.21 | % |  | 1.66 | %

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