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Borrowings | 12 Months Ended
--- | ---
Dec. 31, 2024
Debt Disclosure [Abstract] |
Borrowings | Borrowings
| December 31 2024 |  | December 31 2023
Federal Home Loan Bank advances, variable and fixed rates ranging from 2.63% to 4.07%, due at various dates through May 22, 2034 | $ | 1,130,148 |  |  | $ | 750,264 |
Securities sold under agreements to repurchase, fixed rates ranging from 0.01% to 4.43%, due overnight and continuous | 89,912 |  |  | 136,030 |
Federal funds purchased | — |  |  | — |
Federal Reserve Bank - Bank Term Funding Program | — |  |  | 430,000 |
Secured borrowings, fixed rates ranging from 3.75% to 9.75%, due at various dates through March 28, 2043 | 12,192 |  |  | 36,756 |
Total borrowings | $ | 1,232,252 |  |  | $ | 1,353,050 |
The weighted average interest rate for FHLB advances was 3.51% at December 31, 2024. The Federal Home Loan Bank advances are secured by first and second mortgage loans, commercial real estate loans and mortgage warehouse loans totaling approximately $2.3 billion. Advances are subject to restrictions or penalties in the event of prepayment. At December 31, 2024, the Bank had a tota l of $930 million in putable advances. The initial call dates for these advances range from January 31, 2025 to March 19, 2025 even though maturity dates extend beyond those dates. At December 31, 2024, the Bank had available approximately $1.5 billion in credit lines with various money center banks, including the FHLB. Contractual maturities in years ending December 31 are as follows:
Year |  | Amount
2025 |  | 294,638 |
2026 |  | 75 |
2027 |  | — |
2028 |  | — |
Thereafter |  | 937,539 |
|  | $ | 1,232,252 |

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- Definition The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481544/470-10-50-6 Reference 2: 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