Note 9. Borrowings

Each advance from the FHLB bears a fixed rate of interest and consists of the following:



	December 31, 2012				December 31, 2011
(Dollars in thousands)	Amount		Weighted Rate		Amount	Weighted Rate
Maturing within one year	$	720,000	0.28	%	792,000	0.68	%
Maturing one year through two years	—		—	%	—	—	%
Maturing two years through three years	75,000		3.48	%	—	—	%
Maturing three years through four years	45,000		2.99	%	75,000	3.48	%
Maturing four years through five years	—		—	%	45,000	2.99	%
Thereafter	157,013		3.07	%	157,046	3.07	%
Total	$	997,013	1.09	%	1,069,046	1.32	%

In addition to specifically pledged loans and investment securities, FHLB advances are collateralized by FHLB stock owned by the Company and a blanket assignment of the unpledged qualifying loans and investments.

Note 9. Borrowings (continued)

With respect to $275,000,000 of FHLB advances at December 31, 2012, the FHLB holds put options that will be exercised on the quarterly measurement date when 3-month LIBOR is 8 percent or greater. The FHLB put options as of December 31, 2012 are summarized as follows:



(Dollars in thousands)	Amount		Interest Rate
Maturing during years ending December 31,
2015	$	75,000	3.16% - 3.64%
2016	45,000		2.93% - 3.05%
2018	20,000		2.73% - 2.85%
2021	135,000		2.88% - 3.43%
	$	275,000

The Company’s remaining borrowings consisted of capital lease obligations, liens on OREO and other debt obligations through consolidation of certain VIEs. At December 31, 2012, the Company had $171,000,000 in unsecured lines of credit which are typically renewed on an annual basis with various correspondent entities.