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FHLBNY ADVANCES (Tables)
12 Months Ended
Dec. 31, 2024
FHLBNY ADVANCES  
Summary of FHLBNY extinguishments

Year Ended December 31,

(Dollars in thousands)

2024

    

2023

    

2022

FHLBNY advances extinguished

$

1,805,000

$

-

$

-

Weighted average rate

5.28

%

-

%

-

%

Loss on extinguishment of debt

$

454

$

-

$

-

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

(Dollars in thousands)

December 31, 2024

December 31, 2023

2024, fixed rate at rates from 4.85% to 5.67%

1,265,000

Overnight, fixed rate at 4.67%

100,000

2025, fixed rate at rates from 4.54% to 4.84%

400,000

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

$

608,000

$

1,313,000