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Borrowed Funds
3 Months Ended
Mar. 31, 2022
Debt Disclosure [Abstract]  
Borrowed Funds Borrowed Funds
Borrowed funds at March 31, 2022 and December 31, 2021 were as follows (in thousands):
March 31,December 31,
20222021
FHLB advances$75,002 $— 
Securities sold under agreements to repurchase with customers117,782 118,769 
Other borrowings194,396 229,141 
Total borrowed funds$387,180 $347,910 
At March 31, 2022, there was $75.0 million outstanding in overnight borrowings from the FHLB, as compared to $0 at December 31, 2021. There were no FHLB term advances at March 31, 2022 and December 31, 2021.
During the three months ended March 31, 2022, the Company redeemed $35.0 million of subordinated debt due September 30, 2026. The debt carried an interest rate of 4.14% based on a floating rate of three months LIBOR plus 392 basis points.