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Borrowing Arrangements
 6 Months Ended
Jun. 30, 2024
Debt Disclosure [Abstract]  
Borrowing Arrangements Borrowing Arrangements
As of June 30, 2024, the Company had $115.0 million advances from FHLB with a weighted average interest rate of 4.72% and a weighted average remaining term of 0.5 years, compared to $105 million advances with a weighted average interest rate of 4.65% and a weighted average remaining term of 0.9 years as of December 31, 2023. The Company has a letter of credit with the FHLB in the amount of $100.0 million and $67.0 million to secure a public deposit as of June 30, 2024 and December 31, 2023, respectively.
The Company had available borrowing capacity from the following institutions as of June 30, 2024:

($ in thousands)
FHLB$343,600 
Federal Reserve Bank191,421 
Pacific Coast Bankers Bank50,000 
Zions Bank25,000 
First Horizon Bank25,000 
Total$635,021 
The Company has pledged approximately $1.38 billion and $1.39 billion of loans as collateral for these lines of credit as of June 30, 2024 and December 31, 2023, respectively.