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FEDERAL HOME LOAN BANK ADVANCES AND OTHER BORROWINGS
12 Months Ended
Dec. 31, 2024
Debt Disclosure [Abstract]  
FEDERAL HOME LOAN BANK ADVANCES AND OTHER BORROWINGS

7. FEDERAL HOME LOAN BANK ADVANCES AND OTHER BORROWINGS

At December 31, 2024, the Company had no overnight borrowings. At December 31, 2023, the Company had $403.8 million of overnight borrowings at the FHLB at a rate of 5.62 percent. At December 31, 2024, unused short-term overnight borrowing commitments totaled $1.8 billion from the FHLB, $22.0 million from correspondent bankers and $2.0 billion at the Federal Bank of New York.