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Borrowings and Other Obligations (Tables) | 12 Months Ended
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Dec. 31, 2023
Debt Disclosure [Abstract] |
Schedule of Borrowings | The carrying values, average balances and average rates on borrowings and other obligations as of and for the years ended December 31, 2023, 2022 and 2021 are summarized in the following table.
| 2023 |  | 2022 |  | 2021
(dollars in thousands) | Carrying Value | Average Balance | Average Rate |  | Carrying Value | Average Balance | Average Rate |  | Carrying Value | Average Balance | Average Rate
FHLB short-term borrowings | $ | — |  | $ | 164,299 |  | 5.10 | % |  | $ | 112,000 |  | $ | 1,921 |  | 4.48 | % |  | $ | — |  | $ | — |  | — | %
FHLB fixed-rate advances | — |  | — |  | — | % |  | — |  | — |  | — | % |  | — |  | 642 |  | 1.18 | %
Federal funds lines of credit | — |  | — |  | — | % |  | — |  | — |  | — | % |  | — |  | — |  | — | %
FRBSF short-term borrowings under the BTFP | 26,000 |  | 56,959 |  | 5.30 | % |  | — |  | — |  | — | % |  | — |  | — |  | — | %
Other obligations (finance leases) | 298 |  | 364 |  | 1.88 | % |  | $ | 439 |  | $ | 374 |  | 0.65 | % |  | 419 |  | 250 |  | 0.71 | %
Total borrowings and other obligations | $ | 26,298 |  | $ | 221,623 |  | 5.15 | % |  | $ | 112,439 |  | $ | 2,295 |  | 3.90 | % |  | $ | 419 |  | $ | 892 |  | 1.08 | %
Subordinated Debenture: As part of an acquisition, Bancorp assumed a subordinated debenture with a contractual balance of $4.1 million due to NorCal Community Bancorp Trust II (the "Trust"), established for the sole purpose of issuing trust preferred securities. On March 15, 2021, Bancorp redeemed in full the $2.8 million (book value) subordinated debenture due to the Trust, which had a 251.5% effective rate in 2021, and included accelerated accretion of the $1.3 million remaining purchase discount due to the early redemption.

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- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
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