Borrowing Arrangements

3 Months Ended

Mar. 31, 2022

Debt Disclosure [Abstract]

Borrowing Arrangements

Borrowing ArrangementsAs of March 31, 2022 and December 31, 2021, the Company had no borrowings from the FHLB of San Francisco. The Company has a letter of credit with the FHLB in the amount of $67.0 million to secure a public deposit as of both March 31, 2022 and December 31, 2021.

The Company had available borrowings from the following institutions as of March 31, 2022:

($ in thousands)
FHLB—San Francisco	$	364,637
Federal Reserve Bank	172,471
Pacific Coast Bankers Bank	50,000
Zions Bank	25,000
First Horizon Bank	25,000
Total	$	637,108

The Company has pledged approximately $1.03 billion and $958.3 million of loans as collateral for these lines of credit as of March 31, 2022 and December 31, 2021, respectively.