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Borrowings and Other Obligations
 3 Months Ended
Mar. 31, 2025
Debt Disclosure [Abstract]  
Borrowings and Other Obligations Borrowings and Other Obligations
 
Federal Home Loan Bank: The Bank had lines of credit with the FHLB totaling $925.2 million and $948.1 million as of March 31, 2025 and December 31, 2024, respectively, based on eligible collateral of certain loans and investment securities.

Federal Funds Lines of Credit: The Bank had unsecured lines of credit with correspondent banks for overnight borrowings totaling $125.0 million as of both March 31, 2025 and December 31, 2024.  In general, interest rates on these lines approximate the federal funds target rate.

Federal Reserve Bank: The Bank had a line of credit through the Discount Window at the Federal Reserve Bank of San Francisco ("FRBSF") totaling $325.1 million as of March 31, 2025, secured by investment securities and residential loans. As of December 31, 2024, the Bank had a line of credit through the Discount Window totaling $358.0 million secured by investment securities and residential loans.

Other Obligations: Finance lease liabilities totaling $116 thousand and $154 thousand as of March 31, 2025 and December 31, 2024, respectively, are included in borrowings and other obligations in the consolidated statements of condition. Refer to Note 8, Commitments and Contingencies, for additional information.

The carrying values and weighted average interest rates on borrowings and other obligations as of March 31, 2025 and December 31, 2024 are summarized in the following table.
March 31, 2025December 31, 2024
(dollars in thousands)
Carrying Value
Weighted
Average Rate
Carrying Value
Weighted Average Rate
FHLB short-term borrowings$— — %$— — %
Federal funds lines of credit— — %— — %
FRBSF federal funds purchased— — %— — %
FRBSF short-term borrowings under the BTFP— — %— — %
Other obligations (finance leases)116 3.06 %154 2.70 %
Total borrowings and other obligations
$116 3.06 %$154 2.70 %