December 31,

($ in thousands)

2023

2022

Federal funds purchased:

Amount outstanding at period end

$

350

$

1,850

Average amount outstanding during period

7,525

13,176

Maximum amount at any month end during period

100,350

2,350

Weighted-average interest at period end

4.90

%

3.90

%

Weighted-average interest rate during period

5.70

%

2.82

%

Securities sold under agreements to repurchase:

Amount outstanding at period end

$

454,479

$

444,421

Average amount outstanding during period

513,306

536,727

Maximum amount at any month end during period

625,773

640,592

Weighted-average interest at period end

1.16

%

0.53

%

Weighted-average interest rate during period

1.36

%

0.21

%

FHLB borrowings:

Amount outstanding at period end

$

700,000

$

1,425,000

Average amount outstanding during period

1,172,603

808,784

Maximum amount at any month end during period

3,100,000

1,425,000

Weighted-average interest at period end

5.58

%

4.70

%

Weighted-average interest rate during period

5.05

%

1.82

%