FEDERAL HOME LOAN BANK AND FEDERAL RESERVE BANK ADVANCES (Tables)

3 Months Ended

Mar. 31, 2020

Banking and Thrift [Abstract]

Schedule of FHLB Advances

The following table discloses the Bank’s outstanding advances from the FHLB of San Francisco:

	Outstanding Balances				As of March 31, 2020
(Dollars in thousands)	March 31, 2020		December 31, 2019		Minimum Interest Rate		Maximum Interest Rate		Weighted Average Rate		Maturity Dates
Fixed rate short-term	$	—	$	1,500	—	%	—	%	—	%	N/A
Fixed rate long-term	953,694		977,202		1.25	%	7.69	%	2.23	%	February 2021 to August 2032
	$	953,694	$	978,702

The following table summarizes principal payments on FHLB advances over the next five years as of March 31, 2020 (dollars in thousands):

April 1 - December 31, 2020	$	—
2021	350,700
2022	100,000
2023	400,750
2024	—
Thereafter	102,244
	$	953,694