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Other Debt | 12 Months Ended
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Dec. 31, 2023
Debt Disclosure [Abstract] |
Other Debt | Note 10. Other Debt The Company’s other debt as of December 31, 2023, and December 31, 2022, were as follows:
|  | December 31, |
(dollars in thousands) |  | 2023 |  |  | 2022 |
Federal Home Loan Bank of Des Moines Advances |  | $ | 550,000 |  |  | $ | 400,000 |
Finance Lease Obligations |  |  | 10,190 |  |  |  | 10,294 |
Total |  | $ | 560,190 |  |  | $ | 410,294 |
As a member of the FHLB, the Bank may borrow funds from the FHLB in amounts up to 45% of the Bank’s total assets, provided the Bank is able to pledge an adequate amount of qualified assets to secure the borrowings. As of December 31, 2023, FHLB advances totaled $550.0 million with a weighted-average interest rate of 4.13% and maturity dates ranging from 2026 to 2028. As of December 31, 2023, the Company had an undrawn line of credit with the FHLB of $2.5 billion. As of December 31, 2023, the Company had an undrawn line of credit with the FRB of $6.4 billion. Finance lease obligations relate to office space at the Company’s headquarters. The lease began in 1993 and has a 60 year term. As of December 31, 2023, the annual maturities of the Company's other debt, exclusive of finance lease obligations, were expected to be as follows:
(dollars in thousands) |  | Amount |
2024 |  | $ | — |
2025 |  |  | — |
2026 |  |  | 50,000 |
2027 |  |  | 400,000 |
2028 |  |  | 100,000 |
Total |  | $ | 550,000 |

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- Definition The entire disclosure for long-term debt. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 470 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//470/tableOfContent + Details
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