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Short-term Borrowings/Other Borrowings
9 Months Ended
Sep. 30, 2014
Short term Borrowings/Other Borrowings [Abstract]  
Short-term Borrowings/Other Borrowings
Short-term Borrowings/Other Borrowings

At  September 30, 2014, the Company had collateralized lines of credit with the Federal Reserve Bank of San Francisco totaling $289,806,000, as well as Federal Home Loan Bank (FHLB) lines of credit totaling $6,092,000. At September 30, 2014, the Company had an uncollateralized line of credit with Pacific Coast Bankers Bank ("PCBB") totaling $10,000,000. All lines of credit are on an “as available” basis and can be revoked by the grantor at any time. There are currently no restrictions on these lines of credit, although under the current Written Agreement with the Federal Reserve, the Bank’s liquidity position as well as its use of borrowing lines is monitored closely. These lines of credit have interest rates that are generally tied to the Federal Funds rate or are indexed to short-term U.S. Treasury rates or LIBOR. FHLB advances are collateralized by all of the Company’s stock in the FHLB, investment securities, and certain qualifying mortgage loans. As of September 30, 2014, $6,421,000 in investment securities at FHLB were pledged as collateral for FHLB advances. Additionally, $404,438,000 in real estate secured loans were pledged at September 30, 2014, as collateral for borrowing lines with the Federal Reserve Bank totaling $289,806,000. At September 30, 2014, the Company had no outstanding borrowings.
 
At December 31, 2013, the Company had collateralized lines of credit with the Federal Reserve Bank of San Francisco totaling $254,761,000, as well as Federal Home Loan Bank (“FHLB”) lines of credit totaling $7,094,000. At December 31, 2013, the Company had an uncollateralized line of credit with Pacific Coast Bankers Bank ("PCBB") totaling $10,000,000. These lines of credit generally have interest rates tied to the Federal Funds rate or are indexed to short-term U.S. Treasury rates or LIBOR. FHLB advances are collateralized by all of the Company’s stock in the FHLB, investment securities, and certain qualifying mortgage loans. As of December 31, 2013, $7,468,000 in investment securities at FHLB were pledged as collateral for FHLB advances. Additionally, $334,299,000 in real estate-secured loans were pledged at December 31, 2013, as collateral for used and unused borrowing lines with the Federal Reserve Bank totaling $254,761,000. All lines of credit are on an “as available” basis and can be revoked by the grantor at any time. At December 31, 2013, the Company had no outstanding borrowings.