FHLBNY ADVANCES (Tables)

9 Months Ended

Sep. 30, 2024

FHLBNY ADVANCES

Summary of FHLBNY extinguishments

	Three Months Ended September 30,						Nine Months Ended September 30,
(Dollars in thousands)		2024			2023			2024			2023
FHLBNY advances extinguished	$	25,000		$	-		$	1,805,000		$	-
Weighted average rate		5.25	%		-	%		5.28	%		-	%
Loss on extinguishment of debt	$	1		$	-		$	454		$	-

Schedule of contractual maturities and weighted average interest rates of FHLBNY advances

(Dollars in thousands)	September 30, 2024		December 31, 2023
2024, fixed rate at rates from 5.25% to 5.55%		400,000		1,265,000
2027, fixed rate at 4.25%		36,000		36,000
2028, fixed rate at 4.04%		12,000		12,000
2029, fixed rate at rates from 3.98% to 4.03%		60,000		—
Total FHLBNY advances	$	508,000	$	1,313,000