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Other Borrowings
6 Months Ended
Jun. 30, 2024
Debt Disclosure [Abstract]  
Other Borrowings Other Borrowings
A summary of the balances of other borrowings follows:
June 30,
2024
December 31,
2023
(in thousands)
Term borrowing at FHLB, fixed rate of 5.59%, payable on July 8, 2024
$75,000 $— 
Term borrowing at FHLB, fixed rate of 5.46%, payable on October 7, 2024
75,000 — 
Term borrowing at FHLB, fixed rate of 5.23%, payable on April 8, 2025
75,000 — 
Term borrowing at FHLB, fixed rate of 4.75%, payable on April 8, 2024
— 200,000 
Overnight borrowing at FHLB, fixed rate of 5.70%, payable on January 2, 2024
— 400,000 
Other collateralized borrowings, fixed rate, as of June 30, 2024 and December 31, 2023 of 0.05%, payable on July 1, 2024 and January 2, 2024, respectively
22,773 32,582 
Total other borrowings$247,773 $632,582