XML 23 R14.htm IDEA: XBRL DOCUMENT v3.22.2.2
FEDERAL HOME LOAN BANK ADVANCES AND OTHER BORROWINGS
9 Months Ended
Sep. 30, 2022
Debt Disclosure [Abstract]  
FEDERAL HOME LOAN BANK ADVANCES AND OTHER BORROWINGS

6. FEDERAL HOME LOAN BANK ADVANCES AND OTHER BORROWINGS

 

At September 30, 2022, the Company had $32.4 million of overnight borrowings at the FHLB at a rate of 3.29 percent compared to no overnight borrowings as of December 31, 2021. At September 30, 2022, unused short-term overnight borrowing commitments totaled $1.8 billion from the FHLB, $22.0 million from correspondent banks and $1.7 billion at the Federal Reserve Bank of New York.