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Short-term Borrowings/Other Borrowings
 12 Months Ended
Dec. 31, 2024
Debt Disclosure [Abstract]  
Short-term Borrowings/Other Borrowings Short-term Borrowings/Other Borrowings
The Bank maintains lines of credit with the Federal Reserve Bank, the Federal Home Loan Bank, and corespondent banks which may be drawn upon, as needed, to cover short-term financial obligations, or for investment or capital utilization purposes.
The following table sets forth the Bank’s outstanding and available credit lines for the periods indicated:
(In thousands)December 31, 2024December 31, 2023
Unsecured credit lines:
Credit limit$90,000 $80,000 
Balance outstanding— 2,000 
Federal Home Loan Bank:
Credit limit135,634 128,935 
Balance outstanding— 60,000 
Collateral pledged230,001 232,144 
Federal Reserve Bank: 
Credit limit499,069 463,501 
Balance outstanding— — 
Collateral pledged617,860 608,045 

At December 31, 2024, the Company’s available lines of credit totaled $724.7 million. All lines of credit are on an “as available” basis and can be revoked by the grantor at any time. 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 SOFR. FHLB and FRB advances are collateralized by loans and investment securities. At December 31, 2024, $228.1 million in loans and $1.9 million in investment securities were pledged as collateral for FHLB advances. Additionally, $614.2 million in loans and $3.7 million in investment securities were pledged at December 31, 2024, as collateral for advances with the Federal Reserve Bank.

At December 31, 2023, the Company’s available lines of credit totaled $672.4 million. As of December 31, 2023, $230.1 million in loans and $2.1 million in investment securities were pledged as collateral for FHLB advances. Additionally, $604.0 million in loans and $4.1 million in investment securities were pledged as collateral at the Federal Reserve Bank.
At December 31, 2024, the Company held no borrowings. At December 31, 2023, the Company held secured borrowings of $60.0 million at FHLB and overnight unsecured borrowings of $2.0 million at PCBB.