Other Borrowings

9 Months Ended

Sep. 30, 2025

Advance from Federal Home Loan Bank [Abstract]

Other Borrowings

7. Other Borrowings

The Company has a line of credit with the FHLB through which advances are drawn. Pursuant to collateral agreements with the FHLB, advances are secured by a blanket-floating lien on first mortgage loans and cash and investments held at FHLB. The unused portion of the line of credit as of September 30, 2025 and December 31, 2024 was approximately $377 million and $364 million, respectively. As of September 30, 2025, the advances had annual maturities and weighted average interest rates as listed below.

			Weighted Average
	Amount		Interest Rate
2025	$	5,000		5.38	%
2026		8,000		2.17	%
2027		10,000		3.90	%
2028		31,500		3.94	%
2029		-		—	%
2030		5,960		4.14	%
2031		-		—	%
2032		2,980		4.36	%
Total	$	63,440		3.86	%

As of December 31, 2024, the advances had annual maturities and weighted average interest rates as listed below.

			Weighted Average
	Amount		Interest Rate
2025	$	65,500		4.31	%
2026		8,000		2.17	%
Total	$	73,500		4.08	%