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FEDERAL HOME LOAN BANK ADVANCES AND OTHER BORROWINGS
9 Months Ended
Sep. 30, 2025
Debt Disclosure [Abstract]  
FEDERAL HOME LOAN BANK ADVANCES AND OTHER BORROWINGS

6. FEDERAL HOME LOAN BANK ADVANCES AND OTHER BORROWINGS

 

The Company had no overnight borrowings with the FHLB at either September 30, 2025 or at December 31, 2024. At September 30, 2025, unused short-term overnight borrowing capacity totaled $1.8 billion from the FHLB, $15.0 million from correspondent banks and $2.4 billion at the Federal Reserve Bank of New York. The Company maintains a blanket lien on eligible mortgage loans and securities to secure outstanding and potential future borrowings from both the FHLB and the Federal Reserve Bank of New York.