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Federal Home Loan Bank Advances and Long-Term Debt
 12 Months Ended
Dec. 31, 2025
Debt Disclosure [Abstract]  
Federal Home Loan Bank Advances and Long-Term Debt Federal Home Loan Bank Advances and Long-Term Debt
The following table presents details of the Company’s FHLB advances and long-term debt as of December 31, 2025 and 2024:
December 31,
20252024
($ in thousands)Interest RateMaturity DatesAmountAmount
Parent company
Junior subordinated debt (1) — floating
5.53%12/15/2035$32,320 $32,001 
Bank
FHLB advances (2):
Floating (3)
3.87% — 3.96%
2026$2,000,000 $3,000,000 
Fixed
3.87% — 4.01%
2026750,000 500,000 
Overnight (4)
4.02%1/2/2026250,000 — 
Total FHLB advances$3,000,000 $3,500,000 
(1)As of December 31, 2025, the outstanding junior subordinated debt was issued by MCBI Statutory Trust I and had a stated interest rate of 3-month CME Term Secured Overnight Financing Rate ("SOFR") + 1.81%. The contractual interest rates for junior subordinated debt were 5.53% and 6.17% as of December 31, 2025 and 2024, respectively.
(2)The weighted-average interest rate for FHLB advances was 3.94% as of December 31, 2025.
(3)Floating interest rates are based on the SOFR plus the established spread.
(4)Overnight interest rates are based on the Standard Credit Program’s Advance Rate, as published by the FHLB.

FHLB Advances

The Bank’s available borrowing capacity from FHLB advances totaled $11.8 billion as of December 31, 2025. The Bank’s available borrowing capacity from the FHLB is derived from its portfolio of loans that are pledged to the FHLB, reduced by any outstanding FHLB advances. As of December 31, 2025, all advances were secured by real estate loans.

Long-Term Debt — Junior Subordinated Debt

As of December 31, 2025, East West had one statutory business trust for the purpose of holding junior subordinated debt issued to third party investors. The proceeds from these issuances represent liabilities of East West to the Trust and are reported as a component of Long-term debt on the Consolidated Balance Sheet. Interest payments on these securities are disbursed quarterly and are deductible for tax purposes. Outstanding principal amounts included $35 million of junior subordinated debt and $1 million of trust preferred securities as of December 31, 2025.