XML 21 R15.htm IDEA: XBRL DOCUMENT v3.24.2.u1
FEDERAL HOME LOAN BANK ADVANCES AND OTHER BORROWINGS
 6 Months Ended
Jun. 30, 2024
Debt Disclosure [Abstract]  
FEDERAL HOME LOAN BANK ADVANCES AND OTHER BORROWINGS

6. FEDERAL HOME LOAN BANK ADVANCES AND OTHER BORROWINGS

 

At June 30, 2024, the Company had no overnight borrowings with the FHLB compared to $403.8 million of overnight borrowings at the FHLB at a rate of 5.62 percent at December 31, 2023. At June 30, 2024, the Company also had available unused short-term overnight borrowing capacity through the FHLB of $1.7 billion, $22.0 million from correspondent banks and $1.6 billion at the Federal Reserve Bank of New York.