Other Borrowings

12 Months Ended

Dec. 31, 2018

The following table summarized the Company’s borrowings as of December 31:



(in thousands)	2018		2017
Overnight FHLB advances	$	647,075	$	587,742
Term FHLB advances	425,000		475,000
Other	4,000		9,000
Total other borrowings	$	1,076,075	$	1,071,742

The Company, through its subsidiary banks, had available line-of-credit agreements with correspondent banks permitting borrowings to a maximum of approximately $98.0 million at December 31, 2018 and $58.0 million at December 31, 2017. There were no outstanding advances against those lines at December 31, 2018 and December 31, 2017.

Through its subsidiary banks, the Company has borrowing relationships with the FHLB, which provides secured borrowing capacity, subject to available collateral. The unused borrowing capacity on established lines with the FHLB was $1.0 billion at both December 31, 2018 and December 31, 2017.

As members of the FHLB, the Company’s subsidiary banks can use certain unencumbered residential and commercial real estate related assets and investment securities to secure borrowings from the FHLB. At December 31, 2018, total unencumbered residential and commercial real estate related loans and investment securities pledged at the FHLB were $554.3 million. At December 31, 2018, there were $647.1 million in overnight advances and $425.0 million in term advances with the FHLB, with a weighted average rate of 2.07%, compared to $587.7 million in overnight advances and $475.0 million in term advances at December 31, 2017, with a weighted average rate of 1.53%. At December 31, 2018, the term advances with the FHLB include $275.0 million which mature within one year and $150.0 million which mature in over one year. Maturities of advances due in over one year include $130.0 million in 2020 and $20.0 million in 2021.

The Company had no callable FHLB borrowings at December 31, 2018.

The Company has a $25 million line of credit with a bank. As of December 31, 2018 and 2017, there was $4.0 million and $9.0 million, respectively, outstanding on the line. The line matures in June 2019.