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Other Borrowings | 3 Months Ended
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Mar. 31, 2024
Debt Disclosure [Abstract] |
Other Borrowings | Other Borrowings A summary of the balances of other borrowings follows:
| March 31, 2024 |  | December 31, 2023
(in thousands) |
Term borrowing at FHLB, fixed rate of 4.75%, payable on April 8, 2024 | $ | 200,000 |  |  | $ | 200,000 |
Overnight borrowing at FHLB, fixed rate of 5.69%, payable on April 1, 2024 | 167,000 |  |  | — |
Overnight borrowing at FHLB, fixed rate of 5.70%, payable on January 2, 2024 | — |  |  | 400,000 |
Other collateralized borrowings, fixed rate, as of March 31, 2024 and December 31, 2023 of 0.05%, payable on April 1, 2024 and January 2, 2024, respectively | 25,409 |  |  | 32,582 |
Total other borrowings | $ | 392,409 |  |  | $ | 632,582 |

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