FHLB Borrowings (Tables)

3 Months Ended

Mar. 31, 2021

Debt Disclosure [Abstract]

Schedule of Long-term Debt Instruments [Table Text Block]

The Company’s FHLB borrowings and weighted average interest rates are summarized below:

	March 31, 2021					December 31, 2020
	Amount			Rate		Amount			Rate
	(dollars in thousands)
Total FHLB borrowings	$	359,710		1.11	%	$	425,954		1.07	%
By remaining period to maturity:
Less than 1 year	$	297,381		0.93	%	$	297,570		0.84	%
1 year through less than 2 years		34,621		1.24	%		75,644		1.42	%
2 years through less than 3 years		25,000		2.92	%		50,000		1.84	%
3 years through less than 4 years		-		-			-		-
4 years through 5 years		-		-			-		-
After 5 years		2,809		2.41	%		2,824		2.42	%
Total FHLB borrowings		359,811		1.11	%		426,038		1.07	%
Fair value premium (discount)		(101	)				(84	)
FHLB borrowings, net	$	359,710				$	425,954