Other Debt

12 Months Ended

Dec. 31, 2019

The Company’s other debt as of December 31, 2019, and December 31, 2018, were as follows:



	December 31,
(dollars in thousands)	2019		2018
Federal Home Loan Bank Advances	$	75,000	$	125,000
Finance Lease Obligations	10,565		10,643
Total	$	85,565	$	135,643

As a member of the FHLB, the Bank may borrow funds from the FHLB in amounts up to 45% of the Bank’s total assets, provided the Bank is able to pledge an adequate amount of qualified assets to secure the borrowings. As of December 31, 2019, FHLB advances totaled $75.0 million with a weighted-average interest rate of 2.42% and maturity dates during 2020. As of December 31, 2019, the Company had a remaining line of credit with the FHLB of $2.5 billion. See Note 4 Loans and Leases and the Allowance for Loan and Lease Losses for loans pledged to the FHLB as of December 31, 2019, and December 31, 2018.

Finance lease obligations relate to office space at the Company’s headquarters. The lease began in 1993 and has a 60 year term. Lease payments are fixed at $0.8 million per year through December 2022 and are negotiable thereafter.

As of December 31, 2019, the Company had an undrawn line of credit with the FRB of $533.5 million. See Note 4 Loans and Leases and the Allowance for Loan and Lease Losses for loans pledged to the FRB as of December 31, 2019, and December 31, 2018.

As of December 31, 2019, the annual maturities of the Company’s other debt, exclusive of finance lease obligations, were expected to be as follows:



(dollars in thousands)	Amount
2020	$	75,000
2021	—
2022	—
2023	—
2024	—
Thereafter	—
Total	$	75,000