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FEDERAL HOME LOAN BANK ADVANCES AND OTHER BORROWINGS
 3 Months Ended
Mar. 31, 2026
Debt Disclosure [Abstract]  
FEDERAL HOME LOAN BANK ADVANCES AND OTHER BORROWINGS

6. FEDERAL HOME LOAN BANK ADVANCES AND OTHER BORROWINGS

 

At March 31, 2026 , the Company had $63.8 million of overnight borrowings at the FHLB at a rate of 3.89 percent. At December 31, 2025, the Company had $73.3 million of overnight borrowings at the FHLB at a rate of 3.96 percent. At March 31, 2026, unused short-term overnight borrowing capacity totaled $1.70 billion from the FHLB, $15.0 million from correspondent banks and $2.74 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.