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Borrowing Arrangements
 9 Months Ended
Sep. 30, 2024
Debt Disclosure [Abstract]  
Borrowing Arrangements Borrowing Arrangements
As of September 30, 2024, the Company had $75.0 million advances from FHLB with a weighted average interest rate of 4.22% and a weighted average remaining term of 0.6 years, compared to $105 million advances with a weighted average interest rate of 4.65% and a weighted average remaining term of 0.9 years as of December 31, 2023. The Company has a letter of credit with the FHLB in the amount of $100.0 million and $67.0 million to secure a public deposit as of September 30, 2024 and December 31, 2023, respectively.
The Company had available borrowing capacity from the following institutions as of September 30, 2024:

($ in thousands)
FHLB$397,617 
Federal Reserve Bank207,782 
Pacific Coast Bankers Bank50,000 
Zions Bank25,000 
First Horizon Bank25,000 
Total$705,399 
The Company has pledged approximately $1.41 billion and $1.39 billion of loans as collateral for these lines of credit as of September 30, 2024 and December 31, 2023, respectively.