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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 total 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:
YearAmount
2025294,638 
202675 
2027— 
2028— 
Thereafter937,539 
$1,232,252